FOSUN INTERNATIONAL LIMITED On 24 September 2021, New Fortune held the "17th New Fortune Gold Board Secretary and the 4th New Fortune Best IR of Hong Kong Listed Company Selection Ceremony" in Guangzhou. Fosun International (656.HK) stood out from more than 400 participating companies in the Southbound Stock Connect and won "New Fortune Best IR of Hong Kong Listed Company" award again, which fully demonstrates the capital market's recognition and affirmation of Fosun International's achievements in business development, corporate governance and investor relations.
This year's New Fortune Selection is divided into two rounds based on two dimensions: objective evaluation and subjective evaluation. The first round of selection focuses on objective evaluation, mainly assessing the market capitalisation management and risk control of listed companies. The second round of selection was jointly selected by the heads of Hong Kong and overseas investment institutions, brokerage analysts who focus on Hong Kong stocks, and QDII fund/investment managers.
As an innovation-driven consumer group, Fosun International has always maintained close communication with investors and analysts, updated the Group's recent business development, strategic plan, organizational structure and ESG measures in a timely manner, and is committed to improving the company's transparency. Since 2021, Fosun International has actively communicated with the capital market in various formats such as results announcements, online conference calls, offline roadshows, and company research. Up to now, it has organized more than 300 investor meetings and included the coverage of two additional sell-side analysts. In terms of sustainable development, Fosun International's MSCI ESG rating leaped to A in 2020. On 6 September 2021, Fosun International was officially selected as a constituent stock of Hang Seng ESG 50 Index (top 50 large-to-medium cap).
In the past ten years, Fosun has been advancing in globalization and potential industries, and has accumulated lots of experience from developing businesses from scratch. It has now entered a new stage of development. Many segments and industries have ushered in an intensive harvest period with rapid growth in revenue and profits. The ability to combine industry operations and industrial investment is one of Fosun's core capabilities. Since its founding, Fosun has always adhered to the "operations + investment" strategic approach, and has grown into a global enterprise that continues to rely on the twin-driver strategy of "Industry Operations + Industrial Investment". Since 2019, Fosun's industrial ecological layout focusing on family happiness needs has been improved, and it has begun to focus on "Industry Operations", and tapped more embedded value through operating products and operating customers. In addition, Fosun strives to improve Industry Operations capabilities through industrial mergers and acquisitions, and industrial investment places more emphasis on majority holding and strategically complementary investments. The original "twin-driver" has changed from parallel to front and rear with a higher emphasis on the "driving force" and complementarity of investments.
Fosun's mission is to provide high-quality products and services for families around the world in health, happiness, wealth and intelligent manufacturing segments. It has many listed subsidiaries, including Fosun Pharma, Sisram Medical, Yuyuan Inc., Fosun Tourism, Hainan Mining and other excellent enterprises. From the beginning of 2021 to 31 August 2021, the share prices of many subsidiaries have risen significantly. Among them, Sisram Medical's share price rose by 311% approximately, Hainan Mining's share rose by 288% approximately, and Shede Spirits' share price rose by 118% approximately, all of which received considerable attention and recognition from investors. In the future, Fosun will continue to maintain timely and effective communication with the capital market, endeavoring to improve corporate governance and investor relations management to create greater value for shareholders.
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Fosun International Limited published this content on 24 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 September 2021 06:31:07 UTC.
