China Telecom Honoured by Corporate Governance Asia and The Asset

HONG KONG, June 21, 2016 /PRNewswire/ -- China Telecom Corporation Limited ("China Telecom" or the "Company"; HKEx: 00728; NYSE: CHA) is pleased to announce that the Company was honoured with the following corporate governance grand awards in the "Asian Excellence Awards 2016" organised by Corporate Governance Asia, a leading regional journal on corporate governance:

  • "Best CFO"
  • "Best Corporate Social Responsibility (CSR)"
  • "Best Investor Relations"

Corporate Governance Asia acknowledged that China Telecom continues to embark in the fulfilment of its responsibilities to stakeholders, further promote enterprise transformation and enhance its flourishing corporate value, by adhering to its core philosophy of "comprehensive innovation, pursuing truth and pragmatism, respecting people and creating value all together". In addition, China Telecom was also credited with the implementation of the highest standards of corporate governance and going the extra mile in its investor relations practice by providing investors with necessary information, data and services in a timely manner.

Organised by Corporate Governance Asia, the "Asian Excellence Awards" are designed to recognise the achievements and excellence in management acumen, financial performance, corporate social responsibility, environmental practices and investor relations. The accolades are based both on the scores from the data that was submitted by readers and from interviews conducted with investors.

China Telecom was also accredited with "Platinum Award -- Excellence in Governance, CSR & investor Relations Benchmarkingin the poll of "Corporate Awards 2015" by The Asset, a reputable financial magazine in Asia. In addition, China Telecom was honored with "Best Initiative in Social Responsibility" award. The platinum awards recognised companies' attainment in all categories of corporate endeavors: corporate governance, management acumen, financial performance, social responsibility, environmental responsibility and investor relations based on a ranking of listed companies in Asia by leading investment professionals and research analysts.

Source: China Telecom Corporation Limited