Xinyi Solar Sells Equity Stake in Xinyi Solar (Tianjin)
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Xinyi Solar Holdings Ltd. has agreed to sell its equity interest in Xinyi Solar (Tianjin) for RMB514.59 million. Post-transaction, Xinyi Solar (Tianjin) will not be a non-wholly owned subsidiary, and interests will be accounted for using the equity method. The transaction was confirmed with Xinyi Energy Holdings Limited.
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