Investor Resilience and Sustainable Finance Understand Financial Statements to Secure Returns — Huabao Activity for World Investor Week 2022
2022/10/21
World Investor Week (WIW) is a global campaign promoted by IOSCO to raise awareness about the importance of investor education and protection, highlight the various actions and initiatives of securities regulators in these two critical areas, and showcase good practices of securities regulators worldwide on investor education and protection.
According to Tibet Regulatory Bureau of China Securities Regulatory Commission and Tibet Branch of China Association for Public Companies, the key messages of the IOSCO WIW campaign in 2022 is based on two themes: 1) investor resilience, and 2) sustainable finance. Listed companies were required to organize the activity of “opening the annual report for 200 million investors” and focus on the themes to carry out various forms of investor education and protection activities in combination with actual situation, aiming to warn investors of risks, strengthen risk warning on bond default, private fund, “pig-butchering telemarketing scam” and other illegal securities and futures activities, and expose typical infringement cases.
The annual report of the listed company is the “report” of the listed company to investors about the overall situation of the company in the year, and also one of the important ways for investors to understand the situation of the company. Its main content includes: summary and analysis of production management, financial situation, investment development, governance & internal control and other situations, which is a key source for investors to obtain corporate information, and the important basis for their investment decisions.
In order to better fulfill the work, Huabao Flavours & Fragrances Co.,Ltd. (“Huabao” or “Company”) combined with the campaign on “better understanding the periodic report of listed companies” launched by the China Securities Regulatory Commission this year and organized the investor education and protection activity themed by “opening the annual report for 200 million investors”. During the event, the Company had clearly specified publicity in the form of posters in public places.
The Company’s annual report and related announcements have been published on designated media including www.cninfo.com.cn/new/index, China Securities Journal, Shanghai Securities News, Securities Times and Securities Daily, and effectively forwarded by major financial portal websites. Investors can also access the information disclosed in the Company’s periodic reports through the announcement on the Company’s official website or by calling the investor hotline.
At the same time, in order to improve the ability of small- and medium-sized investors to read and use the information disclosure documents of listed companies, guide investors to actively read the periodic reports, and encourage investors to develop the habit of reading the reports of listed companies, Huabao has printed the paper version of the annual report promptly after its disclosure for investors to check since it got listed, so that investors can learn about the Company’s strategic development, financial condition, business condition and other situations by reading the Company’s periodic reports.
As a listed company, Huabao has given full play to its advantages, improved the coverage and influence of publicity, and helped investors to develop the rational investment culture of “reading financial reports for better returns”.
In the future, Huabao will continue to play the positive and guiding role of a listed company, actively fulfill social responsibilities, enhance investors’ awareness of risk prevention, and strengthen the concept for rational investment, long-term investment and value investment, thus facilitating the healthy and stable development of the capital market.