Recently, the award ceremony for the 2015 China's Most Respected Listed Companies by Investors was grandly held in Beijing. 100 outstanding companies stood out from nearly 3,000 listed companies nationwide to win the "Most Respected Listed Company by Investors" award. The selection event was co-hosted by the China Association for Public Companies, China Securities Investor Protection Fund Corporation, Shanghai Stock Exchange, Shenzhen Stock Exchange, Securities Association of China, and Asset Management Association of China, and organized by Securities Times.
Following its recognition as the "2014 Most Respected Listed Company by Investors," XCMG Machinery was once again awarded the "2015 Most Respected Listed Company by Investors." The selection activity lasted for two months, involving self-recommendation, recommendation, voting, and expert committee review, with active participation from 310,000 individual investors and 800 institutions.
XCMG Machinery has always been committed to safeguarding the legitimate rights and interests of investors. Since June 2015, against the backdrop of significant turbulence in China's capital market, the company, with a responsible attitude towards investors, actively responded to the call of regulatory authorities and implemented a series of measures to stabilize the stock price. On one hand, it actively facilitated increased shareholding by major shareholders and core employees; on the other hand, it proactively implemented share repurchases, asset integration, and capitalization of capital reserve to boost investor and market confidence. According to feedback from many investors, the company performed actively during the stock market crash, further protecting the interests of small and medium-sized investors.
XCMG Machinery will continue to do a good job in investor protection as always and actively share the company's growth and achievements with investors.