Recently, Shenzhen Stock Exchange (hereinafter referred to as "Shenzhen Stock Exchange") released the results of information disclosure evaluation in 2022, and Xinjiang Tianshan Cement Co., Ltd. This is also the fifth consecutive year that the company has received the A-level (excellent) rating of the annual information disclosure assessment.
Information disclosure is an important channel for listed companies to reveal their value to the outside world, and is also the basic basis for investors to make investment judgments and decisions. Shenzhen Stock Exchange attaches great importance to the quality of information disclosure of listed companies, and organizes comprehensive evaluation of the quality of information disclosure of listed companies in Shenzhen Stock Exchange every year. The evaluation grade is divided into four categories from high to low: A (excellent), B (good), C (qualified) and D (unqualified), with A as the highest grade. According to the statistics of Zhiyuan Sulian, there are 4872 listed companies participating in the evaluation and assessment of Xinpi from 2022 to 2023; there are 885 listed companies rated as A (excellent) this year, accounting for 18.17%; there are 252 listed companies rated as A (excellent) for five consecutive years or more, accounting for only 5.17%.
In recent years, under the new pattern of fully implementing the registration system of stock issuance, the importance of information disclosure of listed companies has become increasingly prominent. In August 2023, Shenzhen Stock Exchange revised the Guidelines for Self-regulation of Listed Companies of Shenzhen Stock Exchange No.11-Evaluation of Information Disclosure (hereinafter referred to as the "Evaluation Guidelines"). The scope of evaluation of information disclosure is not limited to information disclosure, but also includes the disclosure of social responsibility of listed companies. At the same time, the new Evaluation Guidelines have increased and improved the support and convenience given by the Shenzhen Stock Exchange to listed companies whose information disclosure evaluation results are A in the last year, including reducing the number of inquiries or not conducting inquiries in accordance with relevant regulations in the reorganization and refinancing audits. This annual information disclosure evaluation is the first information disclosure evaluation of Shenzhen Stock Exchange since the implementation of the new "Evaluation Guidelines". By virtue of high-quality information disclosure, standardized corporate governance, and comprehensive performance in fulfilling social responsibilities, Tianshan Stock has won the A-level (excellent) rating of Shenzhen Stock Exchange's information disclosure evaluation, which reflects the high recognition of the company by regulators.
Faced with the increasing requirements of information disclosure, Tianshan Stock Company, as always, diligently performs its duties of securities supervision, improves its internal control system, strengthens its standardized operation management, takes information disclosure as the core, takes investors'needs as the guide, continuously optimizes its system rules, and takes various measures to promote the company to improve the quality of information disclosure and standardize its operation level. In the future, the Company will continue to adhere to the working philosophy of compliance and transparency, pursue a sound and honest business strategy, strengthen sincere communication and interaction with investors, protect the legitimate rights and interests of all shareholders, and further enhance the Company's good image of openness and transparency in the capital market.
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