Chow Tai Fook Embarks on Sustainable Future Towards its Centennial Anniversary with Flexible Response to Changing Markets
Chow Tai Fook Jewellery Group Limited (referred to as "Chow Tai Fook" or the "Group") adheres to the core values of "Sincerity • Eternity" and has long been committing to creating more values for shareholders, stakeholders and the society. In September 2022, the Group was delighted to be included in the Hang Seng Index as one of the blue-chip stocks. Furthermore, the Group was also included in MSCI China Index in late November of the same year. These milestones have helped the Group broaden its shareholder base and attract a wider range of institutional investors.
Chow Tai Fook is dedicated to enhancing its level of investor relations, strengthening accountability, and adhering to timely, transparent, and effective disclosure principles. The Group ensures fair treatment of all shareholders and investors and actively maintains communication with shareholders, institutional investors and analysts through a professional investor relations team. Despite the limitations imposed by the pandemic, the Group's connection with stakeholders has never been interrupted. In addition to traditional communication channels, the Group also maintains contact through various online platforms, regularly optimizes information disclosure channels to ensure smooth and unobstructed two-way communication.
Valuing Investors’ Input and Maintaining Efficient Communication
Chow Tai Fook recognizes the constructive and insightful nature of investors' input, which contribute to creating value for shareholders. Therefore, the Group regularly engages with investors through roadshows, results presentations, investors conferences, seminars and other channels. During the Q&A session following the annual general meeting, shareholders could interact with the management which enable the management team to understand the perspective of investors and proactively share their holistic thinking, including concerns when making decisions, market outlook, and strategic development. The Group's investor relations team is committed to maintaining open and transparent communication with stakeholders, while the corporate communications team promotes the Group's reputation and brand by efficiently conveying corporate messages to a wide range of stakeholders, including investors and the media, thereby achieving effective communication through diversified ways.
Upholding Corporate Governance and Demonstrating Business ResilienceChow Tai Fook continues to foster close communication with stakeholders across domains while continuously improving its governance framework and proactively allocating resources to advocate for business sustainability. The Group firmly believes that excellent corporate governance, information reporting and investor relations allow the Group to seize opportunities in this ever-changing era and enhance the resilience of business development. The Group will continue to uphold the highest standards in corporate governance and investor relations in response to the rapidly changing market, aims at creating more intrinsic values for investors, partners, and customers.
Chow Tai Fook is moving towards its centennial celebration in 2029 and will adhere to its commitment to a sustainable future. The Group is also dedicated to enduring the business legacy in future centuries with stakeholders. With sound corporate governance as its foundation, Chow Tai Fook is committed to take up its social responsibilities while pursuing business excellence. The Group has developed a ten-year sustainable development strategy called the "Centennial Commitment" which provides a roadmap for Chow Tai Fook, as well as supporting sustainable development in the economic, environmental, and social pillars, ultimately to pursue its core values of "Sincerity • Eternity."
With a strong base of business history and industry leadership, Chow Tai Fook will continue to cultivate in the areas of “craftsmanship, obligation, delight, and environment” while upholding professionalism, innovation, and integrity, the Group will continue to seek for breakthroughs and collaborate with society to build a sustainable future.