Xinyi Glass Attains 2020 Recognition of Authoritative US Institutional Magazine – Institutional Investor
(Hong Kong, 28 July 2020) – Xinyi Glass Holdings Limited (“Xinyi Glass” or the “Group”) (stock code: 00868.hk), a leading integrated automobile glass, energy-saving architectural glass and high-quality float glass manufacturer, is pleased to announce that it has garnered six accolades, including “Most Honored Company, “Best IR Program” and once again won the “Best CFO” and “Best IR Professionals” awards for the second year in a row, in the “2020 All Asia Executive Team Honored Companies Survey” organised by Institutional Investor, an authoritative magazine for institutional investor published in the US. The honours demonstrate investors’ recognition of the Group’s excellence in corporate governance and its solid investor relations.
Dr. LEE Yin Yee, B.B.S., Chairman of Xinyi Glass, said, “This year marked the third year in a row for the Group to garner the awards. I would like to express my sincere thanks to our friends in the investment community who have voted for Xinyi Glass and their continued support to the Group. We have attached high priority to the Group’s relations with investors, maintaining highly transparent, effective and timely communications with them. Despite restrictions on physical activities due to the COVID-19 pandemic, the Group has organised webcast and teleconferencing with investors so as to ensure they could continue to obtain up-to-date information. Moreover, we have also informed both institutional and individual investors on its latest updates through periodic teleconferencing. In the future, the Group will continue to maintain a solid and effective corporate governance structure and strengthen investor relations. Furthermore, we will continue to adhere to the best corporate governance practices, maintain good communications with all stakeholders and strive for good business results in order to reward the support of the Group's investors.”
Institutional Investors is one of the most influential publications for global investment firms. The “2020 All Asia Executive Team (Basic Materials) Ranking” compiled by the magazine aims to acknowledge companies and business leaders for steadfastly upholding corporate governance principles and fulfilling environmental and social responsibilities while maintaining high transparency when communicating with investors. This year’s survey covered 1,472 listed companies in Asia across 18 sectors. The winners were selected by polling conducted by nearly 2,532 buy-side and sell-side analysts and fund managers based on nine criteria. These criteria include the accessibility of senior executives; how informative and empowered the IR team is to speak authoritatively on the company's behalf; timely and appropriate financial disclosure; quick and thorough response to requests, integral corporate governance structure, in-depth reports on ESG metrics, etc. The “Most Honored Company” winner must place among the top three in at least two categories selected by buy-side and sell-side investment professionals (including “Best CEO” and “Best CFO”).
For more information of the awards, please visit:https://www.institutionalinvestor.com/research