Press Release
Press Release
Press Release

COSCO SHIPPING Energy Wins “Excellent Practice Case of Board of Directors” Award from China Listed Companies Association

Date:2024-11-14 Frequency: Size:[large in Small ]


On November 11, 2024, the Hong Kong Listed Companies Development Summit and the 11th “Top 100 Hong Kong Stocks” Awards Ceremony were held in Hong Kong. COSCO SHIPPING Energy was honored in the “Most Valuable Investment Award” and “Top 50 Southbound Stocks” categories of the “Top 100 Hong Kong Stocks” series.

 

COSCO SHIPPING Energy upholds the corporate spirit of “Pursue Excellence, Work Together, and Forge Ahead” focusing on its core business, operating with prudence, and implementing strategies to promote high-quality development as a listed company. In recent years, the company has continuously optimized its revenue structure and achieved steady growth in key financial metrics. Its dividend payout ratio exceeded 49% in both 2022 and 2023, and for the first time, a mid-year dividend was paid in 2024 to enhance shareholder returns. These awards reflect the company’s strong brand reputation in the capital market and its widely recognized investment value.

 

The “Top 100 Hong Kong Stocks” ranking, established in 2012 by Tencent and Finet Group, is a highly authoritative and credible list of Hong Kong-listed companies. It serves as a benchmark of value in Hong Kong’s capital market and a key investment indicator. The “Most Valuable Investment Award” evaluates companies based on PEG (price-to-earnings growth ratio), market capitalization, and net profit after tax. The “Top 50 Southbound Stocks” ranking assesses companies from five dimensions: revenue growth, net profit growth, return on investment, Southbound Stock Connect holdings, and turnover rate.


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