Recently, the Shanghai Stock Exchange released the "2023-2024 Information Disclosure Evaluation Results for Listed Companies on the Shanghai Stock Exchange." According to the evaluation, TMT was awarded the highest rating of "A" for its information disclosure practices. This recognition reflects the company's continuous efforts in areas such as information disclosure, corporate governance, standard operations, and investor rights protection, as well as the high regard from regulatory authorities for its achievements.
Statistics show that out of the 2,247 listed companies on the Shanghai Stock Exchange, only 18% received the "A" rating for the 2023-2024 assessment period. Companies rated "A" in information disclosure will be granted greater autonomy by the regulatory authorities. They will generally be exempt from post-disclosure review of their interim announcements, and this rating will also be linked to reviews of mergers and acquisitions, refinancing, and other related activities.
Moving forward, TMT will continue to maintain high-quality and transparent information disclosure, further improve corporate governance, actively fulfill its social responsibilities, strengthen its relationship with the capital market, protect investors' legitimate rights and interests, and contribute to the sustainable and stable development of the capital market.
