(Hong Kong, 21 June 2023) – Xinyi Solar Holdings Limited (“Xinyi Solar” or the “Group”) (stock code: 00968), the world’s largest solar glass manufacturer, has been awarded “All-Star Status” and once again named the “Most Honoured Company” in the “2023 Asia (ex-Japan) Executive Team Survey,” organised by Institutional Investor, an authoritative US investment magazine. In addition, the Group was honoured in seven award categories, including “Best CEO”, “Best CFO”, “Best Investor Relations Professional”, “Best IR Program”, “Best IR Team” , “Best ESG” and the new “Best Board” category added in 2023.

Xinyi Solar ranked first in all these seven categories in the Industrials (including Infrastructure) Sector’s combined, buy-side and sell-side rankings, making it one of six companies among 1,608 participating listed companies to be awarded “All-Star Status”, demonstrating its outstanding performance in business development, financial disclosure, investor service and communications as well as environmental, social and governance (“ESG”).

Dr. LEE Yin Yee, B.B.S., Chairman of Xinyi Solar, said, “We are deeply honoured to once again receive multiple awards in Institutional Investor‘s ranking, which represent recognition of our long-term efforts in business development, financial disclosure, ESG, and the building and maintenance of investor relations. I would like to express my sincere gratitude to our friends in the investment community for their trust in and strong support for the Group. With great importance attached to maintaining effective communication with investors, we have continued to explore more diversified channels to provide updates on the Group’s latest developments, improve disclosure standards and promote investors’ understanding of the Group. As the world’s largest solar glass manufacturer and China’s largest non-SOE utility-scale solar farm developer and owner, we have been making active contributions to global energy transformation by adhering to our mission of ‘Leading Green New Energy’, and have achieved encouraging results in our business and ESG development in the past year. Looking ahead, we will continue to ensure that the Group’s sustainable development philosophy is fully integrated into various areas such as strategy formulation, corporate governance, production and operation, and industry chain cooperation. We will also strive to create greater value for stakeholders.”

Institutional Investor is one of the most influential publications for global investment firms. The magazine compiles the “All-Asia Executive Team Ranking” to recognise companies and business leaders who are steadfast in upholding corporate governance principles and fulfilling environmental and social responsibilities while maintaining a high level of transparency in investor relations. The ranking is one of the capital market’s most authoritative and iconic lists. In 2023, the poll covered 1,608 listed companies in Asia, and the winners were selected through votes cast by 5,660 buy-side fund managers and researchers and 814 sell-side analysts from around the world.