Xinyi Glass announced that it will add an additional auto glass production line with an annual production capacity of 1.2 million pieces to meet market demand and is expected to start production in the first quarter of 2011.
With the addition of additional production lines, the annual production capacity of replacement automotive glass will reach 13.5 million in 2011. According to the original plan, a new replacement automotive glass production line in Shenzhen will be put into production in the fourth quarter of 2010, with an annual production capacity of 800,000 tablets. However, as the auto glass market continues to show strong growth, the Group's on-hand orders have been at historical highs for more than three months.
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