On January 12, 2019, the "Ound Table" Forum and Awards Ceremony of the 14th (2018) Chinese Listed Company Board of Directors was held in Beijing. Leaders of relevant parties such as the State-owned Assets Supervision and Administration Commission of the State Council, the Shanghai Stock Exchange, the Shenzhen Stock Exchange, the Beijing Listed Companies Association, and the Shenzhen Listed Companies Association attended the forum. More than 100 representatives of listed companies participated in this forum. NORINCO International won the "Ound Table" Excellent Board Award. Mr. Du Xiaodong, Secretary of the Board of Directors of the Company, was awarded the “Honor of Merit Secretary”.
In recent years, under the leadership of the board of directors, NORINCO International has actively responded to the national “Belt and Road” Initiative. Adhering to the strategic policy of “reform and innovation, upgrading capability, lean management, transformation and upgrading”, the company has promoted key projects and continuously deepened the market-centered policy and accelerated the establishment of overseas market layout and industrial system. The company also adheres to two-wheel drive of both reform and innovation. While introducing the industry's advanced business model, the company also actively explores the innovation with the characteristic business model of NORINCO International, promotes transformation and upgrading with direct investment to realize our own leap-forward development.
NORINCO International attaches great importance of the role of capital operation platform of listed companies, enhances the company's development potential, and establishes a dual platform for industry management and capital operation. The company has raised RMB 800 million for Lao BOT Hydropower Project through non-public offering of stocks, which effectively promotes the implementation of the company's investment-oriented transformation strategy. The company has also integrated five companies within the group under the listed company by major asset restructuring, which has further extended The company's value chain and improved the company's industrial layout and enhanced the company's global resource integration capabilities and professional service capabilities.
Under the strategic guidance of the board of directors, NORINCO International has maintained its steady growth in recent years, ensuring the increasing value for all shareholders. Moreover, the company’s social influence is also rising in the countries where overseas operation lies in.
The "Ound Table Award" is a high-end public service brand award organized by the China Association of Listed Companies and sponsored by the Board of Directors of Phoenix Publishing Media Group, focusing on China's board system construction and corporate governance. This Award has been recognized the first prize in the field of board of directors of listed companies in China. This award also reflects the full affirmation of the NORINCO International by regulators, investors and the public. It is also a powerful testimony to the continuous improvement of governance level of NORINCO International.