On July 15th, the 2022 Cailianshe Corporate Governance Forum and Annual Governance Awards Ceremony was grandly held. China Medical System Holdings Limited (“CMS” or the “Group”) stood out from hundreds of companies and won the “Top 10 Best Corporate Governance Companies
in 2022”.
Cailianshe (“CLS”) Annual Governance Awards evaluates companies through multi-dimensional criteria, including: team management, financial performance, information disclosure, social responsibilities and development strategies, to select enterprises with high level of governance. This award is another affirmation of the Group’s governance capability and operational achievements.
Over the years, while maintaining steady growth in business performance, CMS has always adhered to high standards of corporate governance. The Group has established a scientific and reasonable governance structure, keeps paying close attention to global extraordinary governance practices as well as industry development trends, and continuously optimizes governance mechanisms in regard to decision-making, risk control, incentives & constraints, and information disclosure, etc. Meanwhile, the Group also integrates ESG factors into corporate governance, and incorporates the monitoring and reviewing of ESG risks into the regular risk review. Based on its excellent governance practices, the Group has received “AA” rating for ESG (Environmental, Social and Governance) from MSCI, the world’s largest index company, for two consecutive years, which is leading global industry peers, especially in aspects such as corporate governance, where the Group’s score far exceeds the average among industry peers.
The Group deeply understands that corporate governance fosters sustainable development, and treats it as an significant force for enhancing corporate value, maintaining good business reputation and building investors trust. Adhering to the core values of “value creation for customers and social responsibility fulfillment”, the Group will continue to capitalize on its compliant and professional corporate governance, to promote innovation and fulfill social and environmental responsibilities, creating greater value for
stakeholders.