On March 27, Zhejiang CHINT Electrics Co., Ltd. (CHINT for short) held a briefing for its annual performance of 2012 at the trading floor of the Shanghai Stock Exchange (SSE) for the first time. The move was a rapid implementation of the proposal of “Providing Service for Listed Companies Carrying out Investor Relation Management at SSE Trading Floor” put forward by SSE Governor Gui Minjie at the press conference during the NPC and CPPCC sessions.
CHINT disclosed its 2012 annual report on March 23, 2013. On the same day, the announcement of CHINT said that the company would hold a performance briefing at the road show center of SSE InfoNet Ltd. (SSE InfoNet), and solicit questions from investors. On March 27, the company’s performance briefing was held at the SSE trading floor as scheduled, with a live broadcast available on the online platform (http://roadshow.sseinfo.com) of SSE InfoNet as well. Attending the briefing were the board chairman, general manager, chief financial officer, secretary to directorate, and other senior executives of the company, as well as some institutional investors and industry analysts. The relevant personnel of CHINT reported the performance and other issues of the company, answered the questions raised by the investors present at the briefing, and replied to the concerns of small and medium-sized investors on the Internet.
The road show center of SSE InfoNet provided the platform service and the network support for the performance briefing of CHINT. Previously, Gui Minjie had put forward the proposal of “Providing Service for Listed Companies Carrying out Investor Relation Management at SSE Trading Floor” at the press conference during the NPC and CPPCC sessions. The performance briefing held by CHINT at the SSE trading floor was regarded as the implementation of the proposed effort by the SSE.
The relevant official of the SSE said that the move aimed to serve listed companies as well as investors in the securities market, and provide a channel for the communication between companies and investors. The SSE will sustain the effort, in a bid to further improve the investor relation management and the information disclosure transparency of listed companies. In fact, since Chengdu B-Ray Media Co., Ltd. held its performance briefing through the online platform and hardware facilities of SSE InfoNet for the first time on February 5, 2013, the SSE has gradually propelled, in the on-site or online form, the work of listed companies’ holding performance briefings and cash dividend distribution briefings.
The SSE official also stressed that the SSE’s facilitation for holding the above-mentioned performance briefings was the service provided by it for listed companies and investors. The service would not affect any performance briefing, as the remarks made by listed companies at performance briefings only reflected their positions. Investors should make rational decisions upon prudent judgment, so as to prevent investment risks.
