Xinyi Glass planned to spend 1.4 billion yuan in this year

Li Youqing, Executive Director and Chief Operating Officer of Xinyi Glass said at a press conference that the company planned to spend 1.4 billion yuan in this year, which was mainly used in Pearl River Delta, Yangtze River Delta and Bohai district.

Mr. Li stated the company's ultra-white glass business had good performance in the last year and the company still had one month's orders right now. The company has increased the ultra-white glass's price by 15% according to the situation. Besides, the company decided to add two 500t/y ultra-white glass production lines to meet the demand.

About Xinyi Group

Xinyi Glass Holdings Limited (Xinyi Glass) was founded in 1988, now it has more than 10000 staff members, and is one of the main manufacturers in the global glass industry. Xinyi Glass is committed to providing products, services and solutions that meet the customers’ needs and can create long-term value for and facilitate growth of customers and business partners.

Xinyi Glass offers products and solutions covering float glass, ultraclear photovaltaic glass, auto glass and architectural glass, etc. Supported by flexible chain, reasonable production cost, a one-stop supply system and professional logistic channels, we effectively deliver our products to our customers in over 100 countries and regions.

Xinyi Glass has maintained its leading position as the top exporter from China for 4 consecutive years. It has captured more than 15% of the global automobile glass replacement sector, and more than 10% of the Low-E energy saving in the architectural glass market. Its production capability of automobile front laminated glass rank first in China.