Recently, the Shanghai Stock Exchange (SSE) announced the evaluation results of the information disclosure work of Shanghai-listed companies from 2023 to 2024. The information disclosure work of Sumec Co., Ltd. (stock code: SH.600710) (hereinafter referred to as "Sumec") was rated A (excellent) for the fourth consecutive year.

In the context of the full implementation of the registration system, the capital market and regulatory authorities have put forward higher requirements for the standards of information disclosure of listed companies. In April this year, the State Council issued the "Several Opinions on Strengthening Supervision, Preventing Risks and Promoting the High-Quality Development of the Capital Market" (the new "Nine National Opinions"), which further emphasized the importance of information disclosure. The information disclosure evaluation standards cover multiple dimensions such as the standardization and effectiveness of information disclosure, social responsibility disclosure, and investor relations management. The final evaluation is A (excellent), B (good), C (qualified), and D (unqualified). The A-level evaluation for four consecutive years reflects the regulatory authorities' high recognition of SUMEC's information disclosure work and standardized operations.

Since its reorganization and listing, SUMEC has always adhered to high-standard governance, continuously consolidated the foundation of corporate governance, strengthened the construction of a "learning and research-oriented, scientific decision-making" board of directors, and created brand activities such as the "Independent Director Lecture Hall". The company pays attention to the quality of information disclosure, regards it as an important bridge for communication with the capital market, and is committed to accurately conveying the company's value. In addition, SUMEC also attaches great importance to investor relations management, enhances investors' recognition of the company's value through high-quality interactions, enhances market recognition, and shares the results of the company's high-quality development with shareholders through excellent profit growth.

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SUMEC's efforts have been widely recognized. The company has been selected as a benchmark enterprise for key state-owned enterprise management by the State-owned Assets Supervision and Administration Commission of the State Council, a model enterprise for corporate governance of state-owned enterprises, and won the Golden Round Table Award for "Best Board of Directors". In addition, the company has received a 5A rating for "Performance Evaluation of Board Secretary of Listed Companies" and "Best Practice Case of Board Office" for two consecutive years, and won the "Golden Information Disclosure Award" of the Golden Bull Award for Information Disclosure. It has been rated as a "Best Practice Case" in the annual report performance briefing of the China Association of Listed Companies for three consecutive years. In the first evaluation of listed companies by SINOMACH, SUMEC ranked first among the 11 listed companies.

The quality of information disclosure is one of the key indicators to measure the quality of listed companies and an important basis for investors to make investment decisions. Looking forward to the future, SUMEC will continue to strengthen its confidence, forge ahead proactively, ensure the standardization, efficiency and transparency of information disclosure through practical actions, continuously improve the level of corporate governance, and strive to become a listed company respected by investors.