Recently, the China Association of Listed Companies (hereinafter referred to as "CASCO") announced the selection results of the "2024 Best Practices for Listed Company Boards" and the "2024 Performance Evaluation of Listed Company Secretaries." Beijing Jiaxun Feihong Electrical Co., Ltd. (hereinafter referred to as "Jiaxun Feihong," stock code: 300213), after receiving the 4A ratings for the "Best Practices for Listed Company Boards" and the "Performance Evaluation of Listed Company Secretaries" last year, has once again been honored with these two awards this year.

The "Best Practices for Listed Company Boards" case solicitation activity is an evaluation of the performance of the board of directors' office (securities department) of listed companies conducted by CASCO. The evaluation system covers various indicators involved in the work of the board office (securities department) of listed companies, including information disclosure management, corporate governance mechanism construction, investor relations management, formulation and revision of relevant systems, and supervision and training. Among more than 5,000 listed companies, a total of 60 companies from the Growth Enterprise Board were selected as "Best Practices for Listed Company Boards" (accounting for approximately 1.1%).

The "Performance Evaluation of Listed Company Secretaries" is an evaluation of the performance of key minority shareholders, directors, supervisors, and senior management of listed companies conducted by CASCO. It aims to strengthen the construction of the board secretary team of listed companies, enhance the professional capabilities and ethical standards of the board secretary group, promote standardized performance of duties, and help improve the level of corporate governance. The evaluation indicators cover ten major standards and 57 items in the performance content of board secretaries, including standardized operations, information disclosure, internal control, investor relations management, and social responsibility. Among more than 5,000 listed companies, a total of 71 board secretaries from the Growth Enterprise Board received the 4A rating (accounting for approximately 1.3%).

Since its listing in 2011, the company has always adhered to the principle of "compliance as the foundation, information disclosure as the bridge, and investor relations as the wings." It has continuously strengthened the construction of corporate governance mechanisms and improved the level of standardized operations, effectively safeguarding the legitimate rights and interests of the company and all shareholders. Under the leadership of the company's board of directors, the securities department of Jiaxun Feihong is committed to improving the quality of information disclosure, promoting the standardized operation of the "three meetings," optimizing investor relations management, actively promoting capital operations, and boosting the company's stable and sustainable development from multiple perspectives and through various channels.

Compliance as the Foundation

Jiaxun Feihong adheres to compliance as the cornerstone, aiming to build a "learning and research-oriented, scientific decision-making" board of directors. The company focuses on improving the corporate governance system, insisting on "going global" and "bringing in," to establish an effective governance mechanism and internal control system. It enriches the forms of corporate governance and enhances the level of corporate governance, exploring the "Jiaxun Feihong model" of corporate governance. In 2024, the company was selected as a typical practice case for the board of directors by the China Association of Listed Companies (CASCO).

Information Disclosure as the Bridge

The company focuses on improving the top-level design and working mechanism of the information disclosure system, optimizing the quality of information disclosure. It proactively announces operational information needed by investors, maximizing the effectiveness of disclosed information, and striving to transition and leap from "formal compliance" to "substantive effectiveness." Since its listing, the company's information disclosure work has received the highest A rating from the Shenzhen Stock Exchange on eight occasions.

Investor Relations as the Wings

Jiaxun Feihong is committed to the goal of "becoming a listed company respected by investors," enhancing communication and exchanges with investors, and continuously expanding the breadth and depth of communication with them. It actively enriches the forms of communication through earnings presentations, roadshows, and reverse roadshows, achieving a positive two-way interaction between the market and the company, and building an active and effective investor relationship. The company places great emphasis on investor returns and shares the fruits of its operational development with investors. Since its listing, it has maintained uninterrupted annual cash dividends, with a total cumulative cash dividend of 309 million yuan. In the past three years, the total cumulative cash dividend has reached nearly 90 million yuan, accounting for 107% of the average net profit attributable to the parent company over the same period.

High-Quality Development of Listed Companies

High-quality development of listed companies is based on standardized and efficient corporate governance. The professional, responsible, and effective performance of the board secretary and their team is an important foundation for the stable development of listed companies. The company's receipt of two authoritative awards from the China Association of Listed Companies for the annual evaluation is a high recognition from the market and regulatory authorities of Jiaxun Feihong's standardized operations, information disclosure, investor relations management, and other securities affairs. Looking to the future, Jiaxun Feihong will seize the opportunity of the deepening reform of the capital market, make good use of the "living water" of capital, strengthen governance "dikes," and maintain continuous communication and win-win cooperation. It will present to investors a true, transparent, and compliant image of a listed company, continuously adapt to and lead market changes, and promote the company's high-quality development.