May 13th, the winners list of the 11th China Listed Companies Investor Relations Tianma Award sponsored by the Securities Times and the China Securities Small and Medium Investor Service Center served as the instructor was released. JL MAG was awarded the Best Board of Directors award for its outstanding performance on continuous progress and innovation in the capital market in the past year.
As one of the most authoritative selection activities for listed companies in China, the Tianma Award takes more than 3,000 A-share companies as the selection objects. After compliance and qualification screening, company declaration, institution recommendation, online voting, evalsuation by judges and exchanges, the final results of the six major links including review and selection at various levels come out, reflecting the comprehensive level of the company's work in various aspects such as corporate governance, strategic planning, corporate culture, brand reputation, investment value and investor protection.
This time, JL MAG won the Tianma Award Best Board of Directors award, which is not only the capital market's recognition of the company's sustainable development and corporate governance, but also a high degree of affirmation of the company's investor relationship management and investor protection work.
Since entering the Shenzhen Stock Exchange in 2018, JL MAG has continued to improve the corporate governance structure, the board of directors effectively performs their duties, guarantee the company's standardized operation level as well as guarantee the company's information disclosure with rigorous and responsible work attitudes, and maintain a good image of openness and transparency of JL MAG. The company attaches great importance to the management of investor relations, and strengthens the contact and communication with investors through multiple channels, with a view to enhancing investors' understanding of the company's strategic planning and increasing investors' recognition of the company's investment value.
With the leadership of the board of directors and the joint efforts of all employees, JL MAG has become the world's leading supplier of NdFeB magnets for wind power applications, and a leading supplier of core application materials in the field of new energy and energy saving and environmental protection in China. JL MAG is one of the fastest growing companies in the high performance NdFeB industry.
Benefit from stable operation and scientific governance, JL MAG has always maintained a healthy development and sustained growth. From 2016 to 2019, the company achieved four consecutive growths in performance and profits, even under the influence of the epidemic, it achieved an inversed rise in the first quarter of 2020, laying the confidence and foundation for achieving five consecutive growths throughout the year.
In the future, JL MAG will adhere to the company's vision of Creating a Better Life with Rare Earths, continue to strengthen investor relations, continue to increase investment in scientific research, maintain a leading edge in the main business, and actively explore markets in 3C and other fields to achieve green, sustainable development.