Xinyi Energy Holdings Limited
Commences Trading on Main Board of Hong Kong Stock Exchange
(Hong Kong, 28 May 2019) – Shares of Xinyi Energy Holdings Limited ("Xinyi Energy" or the "Group"), a leading non-State-owned solar farm owner and operator in the PRC, have commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited ("HKEX") today under the stock code 3868.
Xinyi Energy, spun-off from Xinyi Solar Holdings Limited (stock code: 968), is the first green energy dividend utility stock in Hong Kong. The Group owns and operates utility-scale ground-mounted solar farm projects, using proven, reliable and efficient technologies. All of Xinyi Energy's solar farm projects are strategically located in Anhui Province, Tianjin Municipality, Henan Province, Hubei Province, and Fujian Province. Xinyi Energy intends to adopt a high dividend payout policy, declaring and distributing interim and final distributions in each year of not less than 90% of the distributable income, with the intent to distribute 100% of the distributable income each year.