Bluestar Adisseo : Adisseo Chairman Gerard Deman Won “2016 Gold Bull Leadership Award”

Adisseo Chairman Gerard Deman Won '2016 Gold Bull Leadership Award'

Release time:2017-08-17

Shanghai, Aug 2017- The 19th China Listed Company Gold Bull Ceremony was recently held by China Securities. Mr. Gerard Deman, the Chairman of Bluestar Adisseo Company (hereinafter referred to as Adisseo, 600299.SH), a world leader in animal nutrition solution, won the 2016 Gold Bull Leadership Award for his open and rigorous leadership style and his management philosophy of cultural integration. It was his leadership that successfully navigated Adisseo through the transition phase in the past two years since listed in A-share market, while maintaining the transparency of a listed company.

Since Adisseo joined ChemChina Group in 2006, the leadership from both parties have kept a humble and open attitude, respected each other's unique culture and embraced equality. Through close collaboration, Adisseo and ChemChina not only avoided union issues and cultural conflicts that were legion in other cross-border M & A cases, but also realized sustainable business growth. Adisseo's methionine business has 27% market share, ranking 2nd globally. Its specialty product, regarded as the second business pillar, has also taken a giant leap in recent years. In 2015, Harvard Business School recorded the acquisition of Adisseo by Bluestar Group into its business cases database, highlighting its importance as the quintessence of successful integration between Chinese and Western companies.

Mr. Gerard Deman, the Chairman of Adisseo, said in reply, 'I want to thank China Securities for its recognition. Since listed on A share market in 2015, Adisseo has strengthened corporate governance in the past two years, and further improved our internal controlling system pursuant to Chinese regulations. We have always dedicated ourselves to becoming a public company that share value with our investors. Since 2015, we have distributed dividends of over 1 billion Yuan. China means a lot to us. It is not only where one of our production bases located, but also one of the most important markets. In recent years, we have introduced world-class talents and cutting-edge technology, products, industry standards and services to China, honoring our long-term commitment to China.'

The Gold Bull Award of listed company was set up in 1999. The award upholds the principle of openness and fairness, sets a clear KPI framework that is closely related to listed company value, and is offered to listed companies with stellar performance, good management practices that can serve as reference cases for others. This will help improve the performance evaluation of listed companies, while serve as reference for investors.

About Adisseo

Adisseo is one of the world's leading experts in feed additives. The group relies on its 7 research centers and its production sites based in Europe and China to design, produce and market nutritional solutions for sustainable animal feed. With more than1,900 employees, it serves around 2,600 customers in over 140 different countries through its global distribution network.

Adisseo is listed on the Shanghai Stock Exchange and is one of the main subsidiaries of China National BlueStar, leader in the Chinese chemical industry with nearly 25,000 employees and a turnover of 6.4 billion euros.

Adisseo Corporate website: www.adisseo.com

About Adisseo products and services

Adisseo offers its customers 4 forms of an essential amino acid, methionine for poultry and swine (Rhodimet® AT88 and Rhodimet® NP99) and protected methionine for ruminants (Smartamine® M and MetaSmart®), a complete range of vitamins (Microvit®), multi-activities enzymes (Rovabio®) and the specialty (Selisseo®).

Adisseo supports the development of its customers by providing valuable and innovative services such as PNE - Precise Nutrition Evaluation.

Adisseo Brands website: feedsolutions.adisseo.com