Recently, the Shenzhen Stock Exchange announced the results of its evaluation of information disclosure for listed companies for the 2023-2024 period. Ningbo Bank has once again achieved an “A” rating, marking the sixteenth consecutive year it has received this honor. Out of 1,480 companies evaluated on the Shenzhen main board, only 285 received an “A” rating, which represents approximately 19% of the total; furthermore, fewer than 1% of companies have maintained an “A” rating for 16 consecutive years.
Information disclosure evaluations are essential for regulators to assess the transparency, compliance, and timeliness of information shared by listed companies. This evaluation also serves as a crucial benchmark for measuring corporate governance. Since going public, Ningbo Bank has adhered to the principles of “truthfulness, accuracy, completeness, timeliness, and fairness” in its disclosures. The bank actively promotes a two-way communication model with investors, consistently enhancing the relevance, effectiveness, and transparency of its information disclosure processes. As a result, the quality of its disclosures remains among the top tier of listed companies.
Looking ahead, the company plans to continue embracing its philosophy of “integrity, dedication, compliance, and efficiency.” While working to enhance its intrinsic value, Ningbo Bank aims to strengthen communication and interaction with investors, respond to market concerns, and further improve the quality of its information disclosures, presenting itself in a more transparent and regulated manner in the capital market.
