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Golden Bull Award!

  • 2024-11-05

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On October 24th, the 2024 High-Quality Development Forum for Listed Companies, themed "New Quality Productivity and Industrial Innovation Synergy," and the 26th Golden Bull Awards Ceremony for Listed Companies was held in Nantong, Jiangsu. The highly anticipated Golden Bull Awards list was officially announced. Huayou Cobalt (603799.SH) stood out among numerous listed companies and won the "2023 Golden Bull Most Investment Value Award."

The "Golden Bull Awards for Listed Companies," one of the most authoritative and credible awards in China's capital market, is part of the Golden Bull series of evaluations hosted by the China Securities Journal, a subsidiary of Xinhua News Agency. Since its establishment in 1999, the award has been recognized for its stringent standards and professional judging, becoming a golden standard for measuring the high-quality development of listed companies.

In 2023, Huayou Cobalt focused on the development of new energy lithium battery materials, adhering to a comprehensive development strategy of "Controlling the Resources Upstream, Developing the Markets Downstream, Enhancing the Capability from Within." The company pursued a competitive strategy of "product leadership and cost leadership," continuously deepened its global industrial integration, and comprehensively built a comprehensive competitive advantage in industrial integration, striving to create a new pattern of high-quality productivity in the industry.

At the same time, the company has always placed great importance on shareholder returns and shared development outcomes, implementing the "Quality Improvement and Efficiency Enhancement" action plan. In terms of investor returns, the company released and implemented the 2023 profit distribution plan, distributing a cash dividend of CNY 10 per 10 shares to all shareholders, with a total dividend amount of 1.675 billion yuan. Additionally, the company steadily advanced share repurchases, cumulatively repurchasing CNY 638 million in 2023, reaching a total of CNY 751 million by the end of the third quarter. In investor relations management, the company emphasized communication and engagement with investors through various channels, including organizing earnings calls, hosting site visits, holding teleconferences, attending strategy meetings, responding to SSE E-Interactions, and answering investor hotline calls, addressing investor concerns and actively conveying the company's long-term investment value to the market, enhancing transparency, and building a positive investor interaction ecosystem.

This award not only recognizes the company's outstanding achievements in stable operations, standardized governance, and shareholder returns over the past year but also reflects the full affirmation of the company's core competitiveness and growth potential by the capital market and society.

Looking ahead, the company will continue to deepen its global industrial integration, comprehensively enhance its comprehensive competitive advantage in industrial integration, and strive to achieve its strategic vision of "becoming a global leader in new energy lithium battery materials," working diligently to create long-term, stable, and sustainable value returns for investors!