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The parent company of Shinhoo, Dayuan, has been rated as class A by Shanghai Stock Exchange for three consecutive years
Aug 18, 2021Recently, the parent company of Shinhoo, Dayuan, won the highest level "A" for the third consecutive year in the evaluation of the information disclosure work of listed companies on the Shanghai Stock Exchange in 2020-2021. According to statistics from the China Securities Journal, only 168 companies listed on the Shanghai Stock Exchange have been rated as Class A for three consecutive years
Standardized governance and good quality of information disclosure are the cornerstones of the value growth of listed companies, especially small and medium-sized companies with market capitalization. According to relevant statistics from Value Online, among the companies with a market capitalization of less than 5 billion in the Yangtze River Delta, from the results of previous year's information disclosure evaluation published by the exchange, 467 companies have been evaluated as B, accounting for 60.81%. , While only 33 listed companies have been assessed as A, accounting for only 4.3%
In the future, Dayuan Pumps will continue to maintain the high quality and efficiency of information disclosure, continue to improve the corporate governance structure, strengthen the awareness of standardized operation, further enhance communication with investors, and effectively protect the legitimate rights and interests of investors.
Shinhoo, as a subsidiary of Dayuan, will continue to empower Dayuan with innovation to achieve the company's high-quality development and help Dayuan establish a good image in the capital market!
Shinhoo held its on-site day event on November 11th, showcasing its dedication to frontline production and reiterating the importance of safety. During the event, the company's general management and department leaders visited the workshop , gaining comprehensive insights into the company's operational process. They closely examined the production and testing equipment, as well as the advancements in technology and processes. Engaging in discussions with the production departments, they identified areas for improvement, emphasizing the need for more rigorous product sampling, standardized tooling identification, and increased promotion and demonstration of innovative processes. During the conference, General Manager Han Zongmei emphasized the swift resolution of safety-related issues, urging everyone to prioritize safety and implement it in their actions. Vice General Manager Huang Yafang highlighted the significance of strengthening communication with frontline workers in detecting potential issues and optimizing cost-effectiveness. She called for enhanced collaboration among different departments, advocating for a deep understanding of frontline production and effective supervision of frontline management. These efforts aim to foster overall team progress, carry forward the company's excellent traditions, maximize core competitiveness, and accelerate innovation and development. Shinhoo demonstrated its commitment to frontline production and underscored the importance of safety measures during on-site day event. We will continue its efforts in enhancing safety standards, improving production efficiency, and contributing to the pump's overall development.
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