Dow Jones received a payment from EQS/DGAP to publish this press release.
EQS-News / 06/12/2017 / 18:29 UTC+8
*TCL Multimedia Wins Best Listed Company in New Media Branding and Best
Investment Value Award for Listed Companies in Hong Kong *
** * *
Strive to enhancing brand influence and creating rewarding returns*
(6 December 2017, Hong Kong) *TCL Multimedia Technology Holdings Limited*
("TCL Multimedia" or the "Group", HKSE stock code: 01070.HK) is pleased to
announce that the Group has won the "Best Listed Company in New Media
Branding" award in the "China Securities Golden Bauhinia Awards 2017", and
was granted "2017 Best Investment Value Award for Listed Companies" (Market
capitalization of less than HKD10 billion) by the judging panel of the Best
Investment Value Award for Listed Companies ("BIVA Award"). They are
significant recognitions of the Group's outstanding performance in investor
relations and corporate communication.
*Mr. Bo Lianming, Chairman of TCL Multimedia*, said, "We are honoured to
garner two industry awards consecutively and would like to extend our
sincere gratitude for the recognition from the judging panels and investment
community. We have been committed to maintaining timely, highly effective,
and transparent communication with investors to achieve the best practice of
corporate governance and establish good investor relations. As one of the
leading players in the global TV industry, we are dedicated to proactively
strengthening our existing business development and diversifying our product
portfolio to maximise our competitive advantages, which have laid us a solid
foundation for implementing smart manufacturing and product upgrading. Going
forward, we will continue our efforts in the pursuit of excellence, thriving
to bring long-term and rewarding returns for investors."
The "China Securities Golden Bauhinia Awards" is organised by the Hong Kong
Ta Kung Wen Wei Media Group, co-organised by Beijing Association for Listed
Companies, Hong Kong Chinese Enterprises Association, Chinese Financial
Association of Hong Kong, Chinese Securities Association of Hong Kong, Hong
Kong Institute of Chartered Secretaries, Hong Kong Securities Professionals
Association. It is the largest, highest level, and most credible appraisal
in the development of China's capital market that focuses on listed
companies in China and Hong Kong as well as their top management. The
assessment is based on authoritative information released by widely
recognised securities institutions, together with nominations from the
industry, judgement from experts, and recommendations from the organising
committee, to conduct a comprehensive assessment of all participating listed
companies and financial institutions from Mainland China and Hong Kong. This
is to select the enterprises and management teams with prominent features
and great achievements during the year, which have become a significant
benchmark icons within China's capital market.
BIVA Award is organised by prestigious financial services institutions with
businesses across major financial hubs including Hong Kong, Singapore,
Beijing, and Shanghai, etc., with the aim to recognise listed companies for
their efforts in improving compliance level and to encourage them to attract
more potential investors by utilising compliant means and tools and
professional financial services, ultimately increasing their market value.
Last month, TCL Multimedia announced its financing plan by rights issue and
the proposed change of company name to TCL Electronics Holdings Limited, in
an effort to realise its vision to become a leading integrated brand of
consumer and household electronic products. The Group will utilise the
proceeds to enhance its leading position in the industry through upgrading
its production manufacturing facilities, expanding its global distribution
network, and continuous investments in R&D. It has also established a joint
venture with the leading Argentine home appliance brand RV to further
strengthen its market presence in South America.
*About TCL Multimedia*
Headquartered in China, TCL Multimedia Technology Holdings Limited (HKSE
stock code: 01070) is one of the leading players in the global TV industry,
engaging in the research and development, manufacturing and distribution of
consumer electronic products. Through a new product-and-user-oriented
business model that focuses primarily on a "double +" strategy which
includes "intelligence + internet" and "products + services" as the main
direction, it strives to build a comprehensive ecosystem for smart TVs that
provides users with an exquisite experience with its smart products and
services. The Group ranked among the top three in the global LCD TV market
with a market share of 7.1% in the first half of 2017 according to the
latest IHS Markit figures, and ranked among the top three in the PRC LCD TV
market with a market share of 13.6% in the first three quarters of 2017
according to CMM's report. The Group is included in the eligible shares list
of the Shenzhen-Hong Kong Stock Connect. For more information, please visit
its website: http://multimedia.tcl.com.
Document: http://n.eqs.com/c/fncls.ssp?u=NHNELVIWXI [1]
Document title: 1070_Award Release for Golden Bauhinia and
BIVA_20171206_Eng_Final
06/12/2017 Dissemination of a Financial Press Release, transmitted by EQS
Group.
The issuer is solely responsible for the content of this announcement.
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(END) Dow Jones Newswires
December 06, 2017 05:30 ET (10:30 GMT)
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