China Shenhua Energy Co., Ltd. recently won the Flying Horse Award among listed companies with the best investor relations at the 12th session of the Award.
In 2020, China Shenhua actively responded to the impact of the COVID-19 epidemic and continued to enhance its capacity of serving investors and maintaining the legitimate rights and interests of small and medium-sized investors. It convened two shareholders’ meetings as well as A-share and H-share holders meetings to communicate with 34 domestic and foreign institutional investors and dozens of individual investors on proposals concerned by shareholders and maximally protect investors’ right to know. It has also made every effort to strengthen regular communication with investors. Last year, it held four online performance briefings and conducted 88 online and face-to-face interactions with investors. The company received 650 visiting investors, and answered 332 questions raised by investors via the Shanghai Stock Exchange (SSE) Roadshow Service and the e-Interactive Platform. China Shenhua attaches great importance to sharing its development results with shareholders. In 2020, the company repurchased 21.11 million H-shares totaling 303 million HK dollars, ranking ninth among companies that repurchased in the Hong Kong Stock Exchange. Meanwhile, it paid cash dividends totaling 301 billion yuan (including the 2020 year-end dividend distribution plan).
Since it was listed, China Shenhua has kept the commitment to disclose information according to relevant regulations and be responsible to investors, maintaining smooth interactions with the capital market. It has constantly strengthened the mechanism of the shareholders’ meeting, the board of directors and the board of supervisors, established and improved the corporate governance system and management workflow, and ensured compliance in information disclosure through standardized operations. The company insists on strict and comprehensive information disclosure and has constantly adjusted and improved the content and methods of information disclosure to meet investors’ demand and enhance the disclosure efficiency. China Shenhua has disclosed major business data on a daily basis for 14 straight years. In 2019, it became the first to publish ESG reports according to the new edition of ESG Reporting Guide issued by Hong Kong Stock Exchange. It was rated Grade A in information disclosure by the SSE.
China Shenhua’s effort in investor relations has enhanced its brand image, demonstrated its great sense of responsibility as a state-owned listed company, and won high recognition in the capital market. At the “Pillars of the Economy and Keep Pace with High-quality Development—Briefing on 2020 Annual Report Performance of SSE Listed Companies,” the SSE spoke highly of China Shenhua’s 2020 yearly performance briefing, and publicly commended the company twice. China Securities Journal used a whole page to cover China Shenhua’s 2020 yearly performance briefing. “China Shenhua Strengthens Information Disclosure and Diversified Communication to Meet the Demand of Investors” was included by the SSE in the “Best Cases for Investor Relations Management”, and “Giving Top Priority to Investor Protection: China Shenhua’s Experience and Approach in Implementing the New Securities Law and Protecting Investors’ Rights and Interests” was published by the SSE Investment Education Channel and several media organizations. To date, China Shenhua has won a number of honors and prizes including the Award for Outstanding Listed Companies at the 30th anniversary of China’s capital market, the 10th China Securities Golden Bauhinia Award, the 2nd New Fortune Award for Best Listed Companies, and the Golden Responsibility Award for Sustainable Development of the Year.