Weichai Power won the 2009 Best Board of Directors Award for listed companies in China

Weichai Power won the 2009 Best Board of Directors Award for listed companies in China

On September 4, 2009, the results of the 2009 Best Board Selection Event for Listed Companies in China jointly organized by the Money Weekly and the CCTV Securities Information Channel were announced in Shenzhen. Weichai Power Co., Ltd. has standardized corporate governance, The efficient board of directors was successfully awarded the “Best Board of Directors of 2009 China Listed Companies” award.

As an important indicator to measure the quality of listed companies, the impact of corporate governance on corporate performance is fundamental and long-term. Efficient and forward-looking board operations are the foundation for the company's long-term development. When Weichai Power initiated the establishment of a joint-stock company, it took the “three-three” system reform as an opportunity, taking into consideration the effective integration of corporate culture, technology, environmental protection, and sustainable development, and established clear property rights, standardized management, and scientific and reasonable Modern corporate governance structure has reached a standard, scientific, efficient, and rigorous level of governance. In the company's development process, the company's board of directors made scientific decisions, forward-looking research, and standardized governance, which provided a solid guarantee for the company's extraordinary and leaping development.

The 2009 Best Board Selection Exercise for Chinese Listed Companies lasted for 4 months. It was a professional evaluation committee of listed companies from the company performance and shareholder returns, board management, market value management, corporate strategy, social responsibility and other five first-level indicators, 23 second-level indicators. Indicators, 61 three-level indicators, selected from the list of the top 25 listed companies in 1573 listed companies.

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