(Hong Kong, 6 December 2019) – Xinyi Glass Holdings Limited (“Xinyi Glass” or the “Group”) (stock code: 00868.hk), a leading integrated automobile glass, energy-saving architectural glass and high-quality float glass manufacturer, was the winner of this year's “Enterprise Award” at the “DHL/SCMP Hong Kong Business Awards 2019”. Xinyi Glass’ successful selection after undergoing a stringent evaluation process testifies to the market recognition of the Group’s outstanding business performance and development strategies.

Dr LEE Yin Yee, B.B.S., Chairman of Xinyi Glass, said, “We have just celebrated our 30th anniversary last year and have been honoured with the renowned ‘DHL/SCMP Hong Kong Business Award’ this year as a new chapter of growth. Winning the award greatly encourages the Group as it represents the endorsement of our position as an industry leader and also the affirmation of our management team’s vision and contributions. The Group focused on automobile glass and construction glass when it was established. Later, it shifted its development strategy and expanded its portfolio to different glass products in accordance with the market demand. It also actively pushed forward a globalisation strategy in order to mitigate the geopolitical risks. Apart from focusing on business growth, Xinyi Glass has also endeavoured to promote sustainable development. Towards that end, the Group has contributed to the creation of a green and energy-saving society through continuously enhancing its research and development and innovation capabilities, with the consolidation and optimization of the ‘green’ industry chain. In the future, the Group will continue to capture new opportunities by driving globalisation of its business and boosting automation of its production facilities. We will also seek to enlarge its share in the worldwide glass market, with the aim of bringing good returns to shareholders.”

The Hong Kong Business Awards were established in 1990 by DHL, a global leading logistics brand, and the South China Morning Post, an internationally-renowned English newspaper. The Awards has honoured individuals and companies from local industrial and commercial sectors, who maintain and expand the economic viability and international stature in Hong Kong. In particular, the Enterprise Award aims to acknowledge those companies who demonstrate excellence in their relative growth and market development, business performance and commercial success. Furthermore, the award winner should demonstrate success in the innovation of new products or services or the penetration of new markets, and also demonstrate effective risk management procedures already in place.