(Hong Kong, December 6, 2019) – AAC Technologies Holdings Inc. (“AAC Technologies” or the “Company”; stock code: 2018) was pleased to announce it won the special prize of the Best Corporate Governance Awards 2019 for H-share companies and other Chinese mainland companies, which was held by the Hong Kong Institute of Certified Public Accountants (HKICPA) on December 5, 2019.
AAC Technologies has been attaching great importance to corporate governance. The review report of the Best Corporate Governance Awards 2019 indicates that “the Company owns a complete corporate governance structure and practices and makes transparent and understandable disclosures in its annual reports.” The Company adopts the board diversity policy and provides ample information on the overall responsibilities of the board of directors. Meanwhile, its annual reports demonstrate its solid corporate governance structure and practices, and make transparent and understandable disclosures. In addition, AAC Technologies is committed to best practices via the whistleblowing policy and procedure, which is recognized by HKICPA. This honor symbolizes not only a recognition of AAC Technologies’ commitment and accomplishment in corporate governance, but the affirmation and promotion of its leading position in the technology and investment fields. Looking into the future, the Company will spare no effort to strengthen investor relations and corporate governance and create more value for shareholders.
The Best Corporate Governance Awards hosted by the Hong Kong Institute of Certified Public Accountants is designed to establish an example of best practices in Hong Kong and promote public companies and institutions to establish sound corporate governance. Winners of the Best Corporate Governance Awards 2019 were selected from approximately 500 annual reports and more than 500 sustainability reports. Those reports went through preliminary filtering and were then fully evaluated by professional judges in terms of disclosure and practices.