Xinyi Glass (00868-HK) and Xinyi Hong Kong (08328-HK) Affiliated Wind Farm Management Agreement _ 东方 富 网

Original title: Xinyi Glass (00868-HK) and Xinyi Hong Kong (08328-HK) Wind Farm Management Agreement

　　Xinyi glass(00868-HK) announced,Xinyi glassdirectorMeetXinyi Hong Kong(08328-HK)Board of DirectorsHe announced that the wind farmmanagementThe agreement was concluded on 6 November 2020 and, consequently,contractorforXinyi Hong KongWholly owned subsidiarythe companyXinyi Wind Energy InactionLimited Liability CompanyHe agreed to provide management for the operation of the wind farmsservice, The preliminary term is from November 6, 2020 to October 31, 2023.

The owner of the wind farm is a joint stock company based in the PRC, with 82.0% and 18.0% owned by Xinyi Energy Conservation (Wuhu) and Anhui Xinyi, respectively. Wind farm owners are mainly engaged in managing wind farms in China to generate electricity, and the first wind farm project was integrated into the grid in 2017.

Yuben UnitedadDate, takingshareholderAnd their respective associates at the issuer levelXinyi Hong KongConnected people.Controlling shareholderAnd also their respective contactsXinyi glassAlreadyIssued share capitalChina has a total of 59.4% of shares, while XinyiglassThrough its 100% ownershipBranchesXinyi Energy (Wuhu) owns 82.0% of the owners of wind farmsEquityTherefore, the owner of the wind farm acts as a holding companyshareholderThe contact person of is also a related person of Xinyi Hong Kong. The wind farm management agreement and the transactions contemplated therein constitute ongoing related transactions between Xinyi Hong Kong and Xinyi Glass.

(Source: Caihua News Agency)

(Responsible publisher: DF052)