Xinyi Solar Successfully Ignites Its Second PV Glass Furnace in Indonesia| Deepening Overseas Industrial Layout and Supporting Global Low-Carbon Transition

On October 20, 2026, the ignition ceremony for the second solar glass furnace of Xinyi Solar’s Indonesia project was successfully held in the Java Integrated Industrial and Port Estate (“JIIPE”), Indonesia. Mr. LEE Shing Put, Chief Executive Officer of Xinyi Solar, attended the ceremony and pressed the ignition button together with on-site guests. The flame was lit, marking a new chapter of growth and signalling smooth production and further business advancement. With both furnaces of Phase I commissioned, the project has achieved a notable capacity expansion, further supporting the rapid development of the clean energy industry in Southeast Asia and neighbouring regions.

Moving forward, Xinyi Solar will maintain firm confidence in its development, actively respond to the Belt and Road Initiative, and continue to optimise its global industrial footprint. We will deepen local investment and industrial cooperation in Indonesia, focusing on key areas including green manufacturing upgrading, photovoltaic (“PV”) technology innovation, supply chain collaboration and local talent development. Leveraging the scaling advantages of our production base, we strive to build an advanced PV materials manufacturing hub serving Southeast Asia and neighbouring regions, supporting the global lowcarbon transition.