The Shanghai Stock Exchange released the results of information disclosure appraisal from 2021 to 2022. Wellhope has been rated as A grade, which is the five year in a row that Wellhope receives the highest grade.
The Shanghai Stock Exchange has started to appraise public companies once a year since 2016, which fully considers the compliance and effectiveness of information disclosure, the construction of information disclosure regulations and investor relations management, etc. These public companies have been divided into four grades, namely A(excellent), B(good), C(up to standard), and D(below standard).
According to available data, about 20% of these public companies can be rated as A grade by Shanghai Stock Exchange every year, among which less than 10% have been rated as A grade for three consecutive years, and less than 100 companies have been rated as A grade for five consecutive years.
Wellhope has always fulfilled its obligations regarding information disclosure in strict accordance with regulatory requirements, attached great importance to returns for shareholder, took the initiative to hold performance briefings, promptly answered investors' questions, and continuously improved information disclosure and corporate governance. The A grade for five consecutive years is not only the high evaluation and recognition of the regulatory authorities, but also presents the comprehensive strength of Wellhope.
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