(Hong Kong, 31 October 2022) – Xinyi Glass Holdings Limited (“Xinyi Glass” or the “Group”) (stock code: 00868), a leading integrated automobile glass, energy-saving architectural glass and high-quality float glass manufacturer, has announced that Mr. Lau Sik Yuen, the Group's Chief Financial Officer, ranked ninth in the Barron's China “Top 100 CFOs of Chinese Companies Listed in Hong Kong and the US” main evaluation list, demonstrating recognition and support of the Group's financial work.
Mr. Lau Sik Yuen, the Group's Chief Financial Officer, said: "I am deeply honored to be selected as one of the 'Top 100 CFOs of Chinese Companies Listed in Hong Kong and the US' by Barron's China and I would like to thank the judging panel, Chairman Lee and leaders of the Group, and the community for their support. I joined Xinyi Glass in 2003 and have worked and grown with the Group in the past 20 years. I have witnessed the expansion of the Group’s business scale since its listing, with its operational landscape extending from China to overseas and becoming one of the world’s leading integrated glass manufacturers, as well as a blue-chip constituent stock of the Hang Seng Index. Going forward, I will continue to maintain a professional and rigorous work attitude, ensure the Group’s financial security and actively explore the green and sustainable development sector. I will also work closely with the Group's various management members and teams to build 'Xinyi' into a top global brand."
The "Top 100 CFOs of Chinese Companies Listed in Hong Kong and the US" list was jointly published by Barron's China, Futu, and international certified accountant associations AICPA and CIMA. The evaluation has established a scientific assessment system covering both financial indicators and non-financial indicators. The financial indicators part consists of 6 primary rating indicators and 18 secondary financial indicators, and the non-financial indicators part covers more than 10 indicators including personal knowledge, experience and skills, capital operation, corporate security, and management practices and innovation. The candidates were CFOs, financial controllers, financial vice presidents and other senior financial executives drawn from more than 600 Chinese companies listed in Hong Kong and the US who have served for more than two years (as of 30 June 2022). The 100 companies on the main evaluation list have a total market value of RMB11.3 trillion, and had a total net profit of RMB1 trillion in FY2021, accounting for nearly 30% of the total market value and net profit of the companies that were evaluated.
Barron's China was created through a strategic partnership between Caijing Magazine and Barron's, a leading investment magazine under Dow Jones Media Group, to provide global investment content to Chinese institutional investors and high-net-worth individuals. Barron's China focuses on top Chinese companies listed in A-shares, Hong Kong stocks, US stocks and other global markets, providing investors with a valuable analysis and reference source.
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