[ET Net News Agency, 7 May 2018] Xinyi Solar (00968) and Xinyi Glass (00868) said Xinyi
Solar agreed to acquire from Xinyi Glass a land parcel in Malaysia at RM73.21 million
(equivalent to about HK$149 million).
Xinyi Solar Group intends to use the land parcel, which is located adjacent to its
existing manufacturing site in Malacca, Malaysia, to expand its solar glass product
manufacturing facilities in Malaysia as well as the sales and marketing prospects of its
solar glass products to overseas customers, particularly for those in the South East Asia
region, India and Europe. (HL)