Weichai Power won the award of "CCTV 50. Top 10 Responsible Company"
On August 24, 2012, the 2012 CCTV China Listed Companies Summit hosted by CCTV Finance Channel was held in Beijing. The summit officially released the “2011 China Listed Company Operation Report†and updated the “CCTV Financial Index 50â€. Weichai Power was selected as a sample company of the CCTV Financial Index 50 for two consecutive years and won the award of “ 50 CCTV Top 10 Responsible Companiesâ€.
Weichai Power's 2011 net profit was approximately RMB 5.6 billion, and EPS was RMB 3.36 per share. While the company has created significant economic benefits, it also attaches great importance to fulfilling its social responsibilities. Since its listing, the company has been adhering to the corporate mission of “Green Power International Weichaiâ€, actively creating “environmental friendlyâ€, “resource-saving†companies, based on the main business, driving the local economy, maximizing the economic benefits of enterprises and social benefits Maximize organic integration. In March 2012, the company released its social responsibility report for the fourth consecutive year, detailing the company’s efforts and achievements in fulfilling its social responsibilities in the areas of customers and employees, the environment and the community, shareholders and investors, and suppliers, and Social responsibility fulfillment work put forward planning and improvement suggestions. The company has won unanimous recognition from the Expert Evaluation Committee for its outstanding social responsibility practice results and has been able to be selected into the sample company of the CCTV Financial Index 50 again.
On the basis of 2011, this index sample company will be selected based on the principle that the number of sample shares per year will not exceed 20% of the total number of samples. The “CCTV Financial Index 50†is an A-share market index that was launched by China Central Television’s Finance Channel, China’s first state-level authoritative media, and was listed on the exchange. The index was officially released on the Shenzhen Stock Exchange on June 6, 2012.
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