Producer
Xinyi Solar Holdings Limited
Largest global producer of solar cover glass (low-iron float glass for PV modules). Spin-off of Xinyi Glass Holdings. Listed on HKEX. ~34% global PV glass capacity share.
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Goods downstream
5
Facilities
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Stories
What they make
1 input Xinyi Solar Holdings Limited supplies
Click an input to see every good that depends on it, every country that produces it, and every other company in the supply chain.
Where they make it
5 facilities
Xinyi Solar Beihai Plant →
CNGuangxi
Beihai, Guangxi. Major PV glass plant in southern China.
Xinyi Solar Malaysia Plant →
MYMalacca
Malacca, Malaysia. First overseas production base. Built to serve markets with tariff concerns about Chinese-origin glass.
Xinyi Solar Tianjin Plant →
CNTianjin
Tianjin. Northern China production base.
Xinyi Solar Wuhu Complex →
CNAnhui
Wuhu, Anhui. Largest single PV glass hub globally. Multiple 1,000+ t/day float lines. Primary production base for Xinyi Solar.
Xinyi Solar Zhangjiagang Plant →
CNJiangsu
Zhangjiagang, Jiangsu province PV glass production base.
What else they do
Business segments
The company's full revenue map, where this supply-chain role fits within their broader business.
Solar Cover Glass (PV Glass)
85%Xinyiclear Solar Film & Services
10%Other Glass Products
5%
Intelligence
What's known
Sourced claims about this company's role in supply chains, chokepoints, concentration, incidents, dual-use connections.
Did you know2024
Xinyi Group (through Xinyi Glass Holdings as parent and Xinyi Solar as subsidiary) simultaneously dominates two glass applications that are both central to the energy transition: (1) automotive glass — Xinyi Glass is one of the world's largest automotive windshield and side-glass suppliers, making the glass through which EV drivers view the road; and (2) solar PV cover glass — Xinyi Solar makes the glass protecting solar panels that generate electricity for EVs and buildings. The same Chinese Guangdong float glass group coats the front of your solar panel AND provides the windshield on the EV the panel charges. Xinyi's parent-subsidiary structure across automotive and solar glass makes it uniquely positioned across two green transition supply chains — one providing the physical infrastructure for solar electricity generation and one providing the transparent structural element of the electric vehicle itself.
Xinyi Glass Holdings Limited ↗Incident2025
Xinyi Solar's 2024 net profit fell 73.8% YoY as PV glass oversupply collapsed prices. Average selling price fell ~12% while gross margin dropped from 26.8% to 15.8%. Despite this, sales volume grew 9.6% YoY. The overcapacity reflects structural race-to-the-bottom dynamics in Chinese PV glass driven by aggressive capacity build-out — multiple producers paused or deferred expansion. This may reduce long-term investment in non-Chinese solar glass supply.
Xinyi Solar Holdings ↗Origin2023
Xinyi Solar Holdings was spun off from Xinyi Glass Holdings (HKEX: 0868) in 2013 — separating the solar-specific glass business from the broader Xinyi Glass group which makes automotive, architectural, and energy-saving glass. The Xinyi Group was founded in 1988 in Jiangmen, Guangdong by Lee Yin Yee — one of China's most successful glass industry entrepreneurs. The group's automotive glass business (windshields and auto glass) preceded its solar glass operations, and the float glass manufacturing expertise developed for automotive and architectural glass was transferred to solar PV glass production as the Chinese solar panel industry grew in the 2000s-2010s. Xinyi Solar's growth to ~34% global PV glass capacity share reflects the same Chinese capacity-led market dominance pattern seen in solar panels, lithium batteries, and other energy transition materials.
Xinyi Solar Holdings Limited ↗