Hengtong Group was Selected as Fortune Magazine's Top 50 of China's Best Board of Directors
On August 8, Hengtong Group was selected as Fortune Magazine’s "Top 50 of China`s Best Board of Directors" for the first time, with high-quality board structure, high-level management standards and efficient management model, which highlights the long-term high recognition to Hengtong Group from the capital market.
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China's Top 50 boards of directors were selected from the candidates of 2019 Fortune Magazine’s Top 500 companies, based on evaluation criteria including ROE(Rate of Return on Common Stockholders’ Equity), Market Capitalization Growth Rate and Absolute Value, Independent Director Proportion and Board Composition Quality. Finally, 50 companies with the highest comprehensive score stand out. This list is aiming at letting the market and more enterprises know the efficient management model of the board of directors, and its value in improving the social production efficiency, company survival and development, and the formation of a good commercial system.