The renowned international financial publication, Institutional Investor, announced the “2020 All-Asia Executive Team”, Xiaomi Corporation (“Xiaomi” or the “Group”; stock code:1810), an internet company with smartphone and smart hardware connected by an Internet of Things (“IoT”) platform at its core, has won a number of awards.
Xiaomi ranked second in the “Best ESG (Environmental, Social and Governance)“, “Best IR Team” and “Best IR Program” category. Xiaomi Founder, Chairman and CEO Mr. Lei Jun ranked second in the “Best CEO” category. Mr. Shou Zi Chew, the then CFO, Senior Vice President and President of International was named the “Best CFO”, while Mr. Steve Lin, Senior Director of Corporate Finance and Joint Company Secretary of the Company was named the “Best Investor Relations (IR) Professional”. This is the second year Xiaomi has featured in the rankings since listing. The Group has not only achieved remarkable results but also made significant progress in a number of categories in the “2020 All-Asia Executive Team” survey, which shows that the capital market recognizes Xiaomi’s high level of corporate governance and ability in investor relations.
Every year, Institutional Investor magazine asks over a thousand analysts, fund managers and researchers at securities firms and financial institutions to select the best performing firms and individuals from categories including Best CEO, Best CFO, Best Investor Relations Professional and Best Investor Relations Company. Rankings in this year’s “2020 All-Asia Executive Team” survey evaluated companies’ performance in the period from February 2019 to March 2020, including how they responded to and maintained investor relations amid Covid-19. The rankings become a benchmark as it is voted by officially recognized members from the financial sector, the rigorous evaluation process also increased the legitimacy of the awards.
According to Xiaomi’s annual report, Xiaomi has long attached great importance to the concept of Corporate Social Responsibility (CSR), adopted ESG as a core methodology to fulfil its CSR programs, and is committed to achieving the best practice in ESG management. Improving people’s lives through technology is at the core of its CSR philosophy. By identifying and prioritizing CSR core areas, namely “products, users, environment and society”, Xiaomi continues to implement a wide range of related initiatives.
Thanks to its solid foundation on corporate governance, Xiaomi continues to achieve growth despite headwinds across each business segment, outperforming the market. In 2019, the Group’s total revenue exceeded RMB200 billion, reaching RMB205.8 billion, up 17.7% year-on-year, representing a 9-year CAGR of 112%. Keeping in line with the rapid pace of business development, the Group will continue to strengthen its professionalism in investor relations, adhere to people-oriented principles, and enhance the understanding and confidence of shareholders and stakeholders towards the Group. By pursuing innovative technology, the Group strive to actively fulfill its corporate responsibility and push sustainable development.