Huabao Flavours & Fragrances Co., Ltd. has been included in the 11th Tianma Award for Investor Relations of Chinese Listed Companies winning three awards including “the Best Investor Relations Company Award”, “the Best ChiNext Board of Directors Award” and “the Best ChiNext Secretary of the Board Award”.
Since being listed, the company has perfected its governance structure, given full play to the key role of the board of directors, abided by the requirements of standard operation and attached importance to the investor relations, established diversified communication channels with the majority of investors and continued to pay cash dividends in the two years since its being listed.
The Tianma Award for Investor Relations of Chinese Listed Companies is a selection activity for investor relations of Chinese listed companies. The award is sponsored by Securities Times, guided by China Securities Investor Services Center and organized by China Listed-companies Development Association Company Limited and egs.stcn.com.
This year’s “Tianma Award” is the first selection after the implementation of the new Securities Law of the People’s Republic of China which has been combined with the investor relations system of the listed companies, the practical experience of investor relations management in overseas markets and the professional opinions of all previous juries to explore concept problems.
The listed companies participating in the award competition are selected through six steps, including compliance & qualification screening, company application, institution recommendation, online voting, jury review and exchange review.
“The Best Investor Relations Company Award” is conferred to 100 listed companies out of 3,760 A-share listed companies in China (by the end of 2019), with an award rate of only 2.65%.
“The Best ChiNext Board of Directors Award” and “the Best ChiNext Secretary of the Board Award” are screened out from the 791 A-share ChiNext listed companies (by the end of 2019), with the award rates of 5.06% and 7.59% respectively.
After the completion of the first full fiscal year following the IPO, Huabao participated in the selection for the first time and the company’s work in corporate governance, standard operation and investor relations management was recognized.