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“A” for 3 Consecutive Years!
2023-10-26

Recently, the Shanghai Stock Exchange and the Shenzhen Stock Exchange completed their assessment of annual information disclosure for the year 2022. Hailiang (002203), following its achievements in 2020 and 2021, has once again received the highest rating of “A” in the information disclosure assessment conducted by the Shenzhen Stock Exchange.

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The information disclosure assessment for listed companies is an important initiative aimed at urging listed companies, shareholders, and relevant obligors to provide truthful, accurate and complete information timely and fairly. The assessment results are divided into categories A (excellent), B (good), C (qualified), and D (unqualified).

This year, a total of 4,872 listed companies in the Shanghai and Shenzhen participated in the information disclosure assessment. Among them, 885 companies were rated as A (excellent), accounting for 18.17% of the total, and there were 433 that have been rated as A (excellent) for 3 consecutive years or more, representing 8.68% of the total.

Hailiang has consistently placed a high emphasis on the standardization and legal compliance of the securities market, proactively improving its governance structure to ensure that its operations comply with new laws, regulations, and regulatory requirements. This ongoing effort is aimed at continuously enhancing its governance standards. Additionally, it strictly follows the relevant regulatory provisions and requirements set forth by the China Securities Regulatory Commission and the Shenzhen Stock Exchange. It has established and implemented the Measures for the Administration of Information Disclosure to fulfill the information disclosure obligations in a truthful, accurate, timely, and complete manner.

Hailiang places a high priority on investor services. The relevant employees patiently and promptly address investors’ inquiries and concerns through hotline and email to ensure that investors have multiple means of accessing the company’s information. Through investor relations management, it enhances investors’ understanding of the company’s basic information, maintains good investor relations and guides them toward rational investment decisions. By listening to investors’ suggestions, the executives can take into account the company’s operational situation to provide valuable insights for decision-making.

In the future, Hailiang will continue to enhance its information disclosure efforts, further strengthen communication and engagement with investors, and fulfill its social responsibility to achieve mutual development with investors.