The president of Xinyi Glass Dong Shiqing expressed, the float glass industry confronted great challenge on the first half year, and the float glass gross margin has shrunk to 4.3 percent. But on the second half year, the situation was improved. The gross margin was to 10 percent again.
He pointed that, glass industry has experienced two to three years shuffle in the past, the volume of production is 5 percent less. According to this year’s contract, the glass demand will add 3 percent, among it, the float glass demand will add near to 5 percent. He believed, the demand and supply will tend to balance, and the raw material coat will reduce. Glass industry will be better on next year.
When asked about the solar sector listing, he said, it is positive to the whole industry, but Xinyi has no attention to participate.