Modern Australian

ZJLD Wins Two Honors at the HKMA’s 2024 Best Annual Reports Awards

HONG KONG SAR - Media OutReach Newswire – 6 November 2024 - The first baijiu company listed on the Hong Kong Stock Exchange, ZJLD Group Inc. ("ZJLD" or the "Company", SEHK stock code: 06979.

HK), is pleased to announce that the Group has been awarded the Excellence Award for First-Year Listed Companies and the Best New Entry in "General" Category at the 2024 Best Annual Reports Awards (the "Awards") organized by the Hong Kong Management Association (HKMA). This is the first time ZJLD Group has participated in the HKMA Annual Reports awards, and these outstanding achievements fully demonstrate the Group's exceptional strengths in disclosure transparency and corporate governance.

Mr. Paul Ng (in the middle), the Executive Director and Head of International Operations of ZJLD Group and Mr. Patrick Wu (first from right), Chairman of the panel of adjudicators.
Mr. Paul Ng (in the middle), the Executive Director and Head of International Operations of ZJLD Group and Mr. Patrick Wu (first from right), Chairman of the panel of adjudicators.

The Hong Kong Management Association is one of the most authoritative management professional organizations in Hong Kong. It has been hosting the "Best Annual Reports Awards" competition annually since 1973, intending to recognize listed companies and non-profit organizations that have produced exemplary annual reports regarding comprehensive content, readability, and attractive design. The evaluation criteria include compliance with the international accounting standards and the governing rules issued by Hong Kong Exchanges and Clearing Limited as well as the Hong Kong companies ordinance, ESG disclosure, overall design, readability and conciseness, performance summary and insights, management discussion and analysis (MD&A), development prospects, sustainability, and timeliness of the annual report. The purpose of the Awards is to encourage the publication of timely, accurate, informative and well-presented annual reports for shareholders, stakeholders, employees and others interested in the Company and to recognize and honor the organizations for their exemplary achievement in producing such reports.

ZJLD Group's annual report stood out for its comprehensive content, detailed disclosure, and excellent demonstration of business operations, capital operations, and corporate governance. The report also effectively conveyed the Group's commitment to information disclosure and sincere communication with its stakeholders. The clean and concise design, coupled with the extensive use of charts and multimedia elements, made the report highly readable and enabled investors to easily understand the Company's business, development strategies, and prospects, earning high praise from the judging panel.

Mr. Paul Ng, the Executive Director and Head of International Operations of ZJLD Group, stated, "We are honored to have achieved such remarkable results in our first participation in the HKMA Best Annual Reports Awards. This not only affirms the Group's unwavering efforts in corporate governance and information disclosure but also highlights our firm commitment to protecting shareholders' interests and enhancing the Company's transparency. We want to thank all our colleagues and partners for their dedicated efforts and contributions. Building on this award, we will continue to uphold our excellence in corporate governance, further optimize the content and presentation of our annual report, and continuously enhance the Group's transparency and disclosure to solidify our industry-leading position and create great value for our shareholders."

Hashtag: #ZJLD

The issuer is solely responsible for the content of this announcement.

About ZJLD Group Inc.

Zhen Jiu was established in 1975 in Zunyi, Guizhou, China's primary production area of sauce-aroma baijiu. In 1988, it was honored with the National Quality Award at the 5th National Wine Appreciation Conference. In the same year, it was announced by the Protocol Department of the Ministry of Foreign Affairs, the Communication Department of the Ministry of Economy and Trade, and the Great Hall of the People Management Bureau as one of the two sauce-aroma baijiu served at state banquets. It is also well received as one of the "Three Most Representative Baijiu Brands in Guizhou".

ZJLD Group Inc. is a leading baijiu group in China that is devoted to offering premium baijiu products, including sauce-aroma, mixed-aroma, and strong-aroma. In terms of revenue in 2023, the Company was the third-largest private baijiu company in China, according to Frost & Sullivan statistics. The Company operates four baijiu brands in China, including two national brands, Zhen Jiu and Li Du, and two regional brands, Xiangjiao and Kaikouxiao. ZJLD prides itself on inheriting the time-honored baijiu-brewing techniques and reinvigorating them to develop iconic products. It strives to create a wide variety of aromatic and mellow baijiu products to meet the diverse preferences of consumers, seize broader market opportunities, and promote traditional Chinese baijiu culture.

Bulk Liquid Storage Tanks: Essential Solutions for Modern Industry

In industries where managing large quantities of liquids is a daily requirement, bulk liquid storage tanks play a vital role. These tanks are desi...

Bistro Blinds for Seasonal Changes: Adapting Your Outdoor Space

Bistro blinds are outdoor designs that can be adapted for seasonal changes. They warm up the environment by making it wind-free, wet-free, and sun...

Advantages of Using Digital Printing Services

The demand for quick, efficient, and high-quality printing solutions has seen remarkable growth in our modern, fast-paced world. This increasing nee...

Benefits of Professional Strata Management

Navigating the complexities of strata management can be a daunting endeavor for any strata property owner or committee member. Strata management inv...

The Hidden Benefits of Bundling Utilities with Moving Services

Moving can feel overwhelming with so many things to juggle. Hiring a moving company in Brisbane helps make it easier, but did you know you can make it...

Family Mediation: The Path to Resolution, Healing, and Lasting Solutions

In an era where family challenges are often met with emotional and financial strain, family mediation has quietly gained traction as a life-changing...

Surprise Party Ideas That Will Leave Your Guests Speechless

Throwing a surprise party is one of the most exciting ways to celebrate a special occasion. The thrill of keeping it a secret combined with the joy ...

“North of the River” Vs “Over the Bridge” – What’s in Brisbane’s ongoing North Vs South Feuds?

Greater Brisbane Australia’s largest capital city by land area, coming in at 15,824 square kilometers, and ranks number three worldwide. It has Au...

Income Stream Integration: 7 Ways to Earn Money Through Your Website

Whether you sell Vietnamese coffee, review Japanese gadgets, or rent Melbourne self storage, your website is more than just an online presence—it...

Top 10 Benefits of Practicing Taekwondo for All Ages

Taekwondo is more than just a martial art; it’s a way of life that offers profound physical, mental, and emotional benefits. Whether you're a chil...

Plasterboarding and Ceiling Repair: The PlasterX Advantage for Long-Lasting Results

Contacting professionals who are well-versed in the nuances of the task is essential to preventing headaches during plastering ceiling repair work. ...

Snake Catcher’s Life-Saving Advice: What to Do When You Encounter a Snake

Australia is home to some of the most venomous snakes in the world, and if you live here, you're already well aware of how dangerous these creatures...

The Best Dumplings in Melbourne

Melbourne offers the best dumplings in the world, with variety of tastes and styles. The perfect dumpling is boiled, fried, or steamed - the best ...

The Ultimate Guide to Daily Dental Hygiene: Tips for a Healthy Smile

Maintaining good oral hygiene is essential for a healthy smile that lasts a lifetime. While regular visits to your dentist are important, establishi...

Mixing Vintage and Modern: How to Create a Timeless Interior

Achieving a timeless interior that blends both vintage charm and modern sophistication can transform any home into a stylish, curated space. When do...

Sugar-Free Chocolate Treats: A Guilt-Free Indulgence

People are very conscious about their health and sugar-free chocolates are becoming a popular option. This is a delicious and very satisfying option...

The Most Scenic Sailing Destinations in Australia and New Zealand

Australia and New Zealand are home to some of the world’s most breathtaking sailing destinations. With vast coastlines, pristine waters, and diver...

How Portable Cool Rooms Can Enhance Event Catering: The Perfect Solution for Outdoor Events

If you are holding an event outdoors, then there should be quality food; otherwise, a well-planned outdoor event will not be successful. Because c...