Saturday, July 22, 2023

Xiaomi Wins Institutional Investor's Asia Executive Team Awards for the Fifth Consecutive Year

Xiaomi Corporation (“Xiaomi” or the “Group”, stock code:1810), a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an Internet of Things (IoT) platform at its core, has been awarded by Institutional Investor, a renowned international financial magazine, in multiple categories of Asia Pacific (Ex-Japan) Executive Team Awards for the fifth consecutive year.

In the Technology Hardware sector, Xiaomi wins awards in the "2023 Asia Pacific (Ex-Japan) Executive Team", including Best CEO, Best CFO, Best Investor Relations Professional, Best Investor Relations Program, Best ESG, and Best Board. This is the second year Xiaomi clinched All-Star status, achieving a first-place in the combined rankings across six categories.

Mr. Lei Jun, Founder, Chairman, and CEO of Xiaomi, ranked no. 1 in Best CEO. Mr. Alain Lam, Vice President, and Chief Financial Officer, ranked no. 1 in Best CFO. Anita Chen, Director of Investor Relations and Capital Markets, ranked no. 1 in Best Investor Relations Professional. The Company also ranked no. 1 in Best Investor Relations Program, Best Investor Relations Team, Best ESG categories, and Best Board. This is the fifth year that Xiaomi has been featured in the rankings since its stock market debut. The results demonstrate that the Company's overall corporate governance and investment relations management capabilities are well recognized by the capital markets.

Mr. Alain Lam, Vice President, and Chief Financial Officer of Xiaomi Corporation, said, “We are truly honored to receive this prestigious accolade, this recognition symbolizes the capital market's substantial acknowledgment of our investor relations and ESG endeavors. We are steadfast in our commitment to fostering open and effective communication with the capital markets, enabling us to adapt to the ever-evolving business landscape. Our unwavering dedication lies in generating enhanced value for our esteemed investors, and esteemed partners across diverse sectors.”

Every year, Institutional Investor magazine asks thousands of analysts, fund managers, and researchers at securities firms and financial institutions to select the best-performing firms and individuals across categories such as Best CEO, Best CFO, Best Investor Relations Professional, and Best Investor Relations Company. Rankings in this year's All-Asia Executive Team survey evaluated companies' performance in the period February 2022 to January 2023. The rankings have become a benchmark for superior corporate governance standards as they are voted on by recognized members within the financial sector, and the rigorous evaluation process ensures the legitimacy of the awards.

This year, a total of 5,660 portfolio managers and buy-side analysts, and 814 sell-side analysts participated in the 2023 Asia Pacific (Ex-Japan) Executive Team survey. The 1,608 companies nominated across 18 sectors this year were rated on core areas, including Financial Disclosure, Services & Communication, and ESG as well as attributes for CEOs, CFOs, and the Best IR Professionals.

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