The award presentation ceremony of “The 4th CAPITAL China Outstanding Enterprise Awards”, organized by Capital Magazine, was held on 25 June 2009 at theHappy Valley Racecourse, Hong Kong. Everbright has once again been named “Outstanding Investment Corporation” after receiving the same award in 2008. It is seen as one of the most influential annual awards for business corporations in Hong Kong and mainland China. The award honors the winners for their exceptional performance as a way to encourage more Chinese enterprises to contribute to the prosperity of the Chinese economy. 

 

This year, the “CAPITAL China Outstanding Enterprise Awards” honored 14 enterprises. The winners were selected by a panel of judges comprising prominent members of the political, business and academic sectors, as well as the Editorial Board of Capital Magazine. Enterprises were rated on their overall performance, reputation, corporate governance, operation management, market positioning and operating results. To ensure fairness and justice, opinion is solicited from a wide range of sources. All scores had been verified by Messrs. Chak and Associates. 

 

The guests present at the ceremony include, among others, Mr. Edmund Sung, Director of Hong Kong Productivity Council; Mr. Ng Tai Wo, President of Hong Kong Young Industrialists Council; Mr. Ken Wong, President of Junior Chamber International Hong Kong; members of Legislative Council including the Hon. Alan Leong Kah-kit, SC, the Hon. Fred Li Wah-ming, and the Hon. Jeffrey Lam Kin-fung; Mr. Wilson Fung, Vice President of Hong Kong Institute of Certified Public Accountants; Ms. Susanna Chiu, Vice President of Hong Kong Institute of Certified Public Accountants; and Dr. Tang Kam Tin, Chairman of Professional Services Committee of The Chinese Manufacturers’ Association of Hong Kong. 

 

More than a recognition of Everbright’s achievements in investment, the award has made Everbright’s businesses more widely known. At the ceremony, Mr. Tang Chi Chun, Executive Director and Chief Financial Officer of Everbright, emphasized in his speech that, “In response to the challenges brought by the downturn in global financial markets, Everbright significantly downsized its investments in early 2008, a move which allowed us to generate remarkable cash return for shareholders. Meanwhile, our excellent risk management and low debt ratio created favorable conditions for us to capture investment opportunities during the market downturn. Now, Everbright is building itself as a platform of ‘large scale asset management’. It will establish more asset investment funds of different types this year. Our seeds capital will help both domestic and overseas investors to capture opportunities in China’s economic growth by leveraging our international-standard business platform.”