Recently, China Oilfield Services Limited (“COSL” or the “Company”) has won the "Best Listed Company" award at the “Golden Kunpeng” China Financial Value Ranking organized by the Hong Kong Commercial Daily and the Global Commercial Newspapers Union to recognize listed companies that stand out in corporate governance, innovation capabilities and sustainability practices.
A flagship event at the annual Global Commercial Newspapers Economic Forum, “Golden Kunpeng” China Financial Value Ranking evaluates companies on six key areas, namely innovation, corporate governance, value creation, strategic foresight, growth potential, social responsibility and sustainability, and selects those that can serve as industry benchmarks. This year’s event gathered hundreds of distinguished guests from political and business circles of Mainland China and Hong Kong, senior executives of the Hong Kong Stock Exchange, heads of industry associations, and representatives of mainstream media, all authoritative and influential, and enjoy high credibility in the capital market.
Embracing the goal of building a world-class energy service company, COSL has steadfastly adhered to the guiding principle of value creation, thus has kept enhancing overall efficiency of its equipment on multiple dimensions, shouldering operational tasks that afford high growth consistently, thus has managed to strengthen its ability to support oil and gas reserve growth and enhance production. The Company has also taken its technology-driven strategy to ever greater depth, continuing to push to become an innovative organization, establishing and honing a lean-based scientific research system, an excellent technology product system, a fundamental research system that focuses on the roots of science, and an industrial chain that boasts synergies and complementary advantages, all to the end of making itself a key force in tackling technological challenges in the oilfield services industry. Also, keen at implementing ESG concepts, COSL has published sustainability report/ESG report for 19 consecutive years and integrated sustainability concepts into the full chain – from development to production - of oil and gas exploration, demonstrating its strong capability in achieving sustainable growth.
Winning the award represents the strong recognition of the capital market for COSL’s comprehensive strengths and development potential. Looking ahead, the Company will continue to deepen its innate strength centering on value creation and press forward with promoting all-win with customers, employees, partners and shareholders.
