HONG KONG, Oct. 11, 2012 /PRNewswire/ -- China Telecom Corporation Limited ("China Telecom" or "the Company"; HKEx: 00728; NYSE: CHA) is pleased to announce that its website (www.chinatelecom-h.com) won the award of "No.1 Best Investor Relations Website in Asia & Pacific" in IR Global Rankings 2012. It is the second consecutive year the Company received this award. China Telecom was further honoured with "No.1 Best Financial Disclosure Procedures in Asia & Pacific" and "No.1 Best Online Annual Report in Asia & Pacific".
In addition to online annual report, the annual report (in print) of the Company won a total of five gold awards in 2012 International ARC Awards and Vision Awards Annual Report Competition by The League of American Communications Professionals LLC (LACP).
For IR Global Rankings 2012 (www.irglobalrankings.com), about 200 publicly traded companies from North America, Europe, Asia & Pacific, Latin America and India have participated, including AT&T, General Electric, Microsoft, HSBC, Baidu, China Merchants Bank and Ping An Insurance. Established in 1999, IR Global Rankings (IRGR) is the most comprehensive ranking system for investor relations websites, financial disclosure procedures, online annual reports and corporate governance practices. It is supported by key global institutions, such as Arnold & Porter, KPMG, MZ and Sodali. IRGR is based on extensive technical proprietary research of publicly traded companies through a clear and transparent methodology, executed by a team of experienced investor relations professionals and reviewed by independent audit and legal experts.
"International ARC Awards" is the world's largest and independent international competition honoring excellence in annual reports and corporate communications. "International ARC Awards" is branded as the "Academy Awards of Annual Reports" according to the financial media. Judging is based on the values of creativity, clarity, effectiveness, and excellence of the annual reports. There were altogether more than 2,200 annual reports from 32 countries participating in the contest this year, which was the 26th annual competition.
The League of American Communications Professionals (LACP) Vision Awards is one of the world's most influential annual report competition. Over 5,500 entries from more than 24 countries were received for the 12th Vision Awards this year. All entries were judged by experienced media professionals, based on the overall impression, cover design, chairman's statement, report narrative, report financials, creativity, message clarity and information accessibility of the annual reports.
The awards above exhibit that global capital market appreciates and recognises China Telecom's outstanding corporate governance and transparency of international leading standard.
