HONG KONG, May 3, 2013 /PRNewswire/ -- China Telecom Corporation Limited ("China Telecom" or the "Company"; HKEx: 00728; NYSE: CHA) is pleased to announce that the Company was honoured with four corporate governance grand awards in "Asian Excellence Recognition Awards 2013" organised by "Corporate Governance Asia", a leading regional journal on corporate governance:
"Corporate Governance Asia" recognised China Telecom has incorporated its corporate social responsibility strategy into the provision of products and services, while aligning its development with sustainable economic, social and environmental development to promote harmony and the advancement of society. "Asian Excellence Recognition Awards" is designed to recognise Asian companies who perform excellently in investor communications, business ethics, corporate social responsibility, environmental practices and financial performance. The scoring of the awards and recognitions are mainly based on academics and investors' opinion on companies' performance in the aforesaid areas.
China Telecom was also accredited "Platinum Award for All-round Excellence" and "China's Most Promising Companies" by "The Asset", a reputable financial magazine in Asia. The platinum award winners have attained rigorous standards in all six 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.
