Xinyi Solar and Xinyi Glass Clarify Pricing on Connected Solar Power Sales
I'm PortAI, I can summarize articles.
Xinyi Solar Holdings and Xinyi Glass Holdings have clarified the pricing mechanism for their connected transactions under an Electricity Framework Agreement. The annual cap is set at RMB35.4 million, based on previous purchasing levels. Prices paid by Xinyi Glass will not exceed historical local electricity costs and will be at a 15-20% discount to State Grid tariffs. The arrangement is on normal commercial terms, ensuring market pricing while allowing Xinyi Solar to monetize surplus green power. The latest analyst rating for Xinyi Solar is a Buy with a price target of HK$3.40.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments