Good News| Huabao Was Honored CBT100 Company Award Again

On December 4, 2021, the 21^st China Business Top 100 (CBT100) Forum and the 7^th CBT100 City Forum, sponsored by the CBT100 Organizing Committee and Warton Economic Institute (WEI), was held in Shanghai.

The CBT100 companies are ranked on basis of the total profit, aiming to evaluate the performance of China’s listed companies in the past year according to the development philosophy of becoming stronger and bigger. All CBT100 companies are competitive profit-making enterprises. Huabao Flavours & Fragrances Co.，Ltd. ranked the 27^th among GEM companies with a total profit of 1.389 billion yuan (Note: Data for the ranking was obtained from WIND). By virtue of its excellent management and outstanding business performance, Huabao has been awarded the CBT100 company for three consecutive years.

Jointly participated by leaders of CBT100 companies, famous experts and scholars, and senior government officials, the CBT100 Forum is a high-level discussion platform focusing on China's economic development and also a unique mechanism and platform for CBT100 companies and entrepreneurs to exchange experience and enhance cooperation.

This award fully demonstrates that Huabao has always practiced the corporate values of “client first, value creation and shared achievements”, and been highly recognized by the capital market in corporate governance and innovative development. Huabao will continue to adhere to the new development philosophy, bring high-quality returns to shareholders, actively fulfill social responsibilities, and constantly enhance its influence in the capital market.