COSL Receives 3 Awards at the China Center for Market Value Management of Listed Companies
China Oilfield Services Limited (“COSL” or the “Company”) announced that at the 8th Annual China Center for Market Value Management of Listed Companies Forum, COSL was included in the league of Top 100 companies in the 2014 Market Management of Chinese Listed Companies and the Capital Branding Management categories, also being included in the league of Top 50 in the Listed SOE Market Value Management category (the Top 50 Listed SOE Market Value Management category was newly launched this year).
The host of this forum, The China Market Value Management Research Center (the “Market research center”) has been compiling a “market capitalization of listed companies in China management performance evaluation report” every year since 2007.
Earlier this May, the State Council expressed its position about “encouraging listed companies to develop market value management systems” in a document titled on “Opinions on further promoting the healthy development of the capital market”. In light of these opinions, the Market research center revised their annual management performance evaluation report, to evaluate the market value management of listed companies in six dimensions, including level of standardization of practices, transparency, growth prospects, shareholder returns, level of awareness and recognition. According to the latest report as issued by the Market Research Center, with its outstanding market value management performance, COSL successfully stood out from 2,000 other listed companies, and was awarded three prestigious awards as mentioned earlier.