(6 November 2018, Hong Kong) – Intron Technology Holdings Limited (“Intron Technology” or the “Group”; HKEX: 1760), a fast-growing automotive electronics solution provider in the People’s Republic of China (the “PRC”), has won the “Rising Star Award(新星獎)” of the “2018 Listed Company Awards of Excellence (上市公司卓越大獎)” (the “Awards”) organised by Hong Kong Economic Journal (“HKEJ”), endorsing its outstanding performance in business operation and corporate governance.
The Awards aim to honour listed companies for their excellent performance and effort in the past year and serve as benchmark worthy of reference for investors to make wise investment decisions. The Awards also shed light for investment community to have a better understanding of well-performing listed companies.
Intron Technology is the winner of the only Rising Star Award in the Main Board category this year. The Awards have a stringent selection process. Firstly, candidates are selected based on four important criteria: 1. the Piotroski F-Score that rates the fundamentals of a company; 2. performance relative to the Hang Seng Index in the same period; 3. number of recommendations by professional stock commentators and industrial leaders, and 4. average annual profit growth rate. The shortlist is then vetted by a judging panel comprising industry leaders, analysts and editors of HKEJ, and subsequently reviewed by KPMG. Thus, the list of selected companies provides a valuable reference for investors.
Mr Davy Luk, Chairman, Co-CEO and Executive Director of Intron Technology, said, “The award is not only a great recognition for our efforts on business development and corporate governance, but also a huge encouragement to our staff.”
Since its establishment in 2001, the Group has focused on serving the automotive industry in the PRC. The Group sees itself as a “technology enabler” and, by providing customers including OEMs and their suppliers with value-added solutions entailing the use of critical automotive electronic components, it has become the most preferred partner of its customers. Armed with strong R&D capability and engineering expertise, the Group holds a favourable market position. The Group was listed in July, giving it a solid foundation for pursuing long-term development, an enhanced corporate image and reputation, as well as more room for expanding its business.
Mr Eddie Chan, Co-CEO and Executive Director of Intron Technology, said, “The Group plans to increase R&D investment in new energy in the future, to continue to tap growth opportunities in areas including automotive electronic components, new energy vehicles and automated driving. It will, with substantive effort, push for better performance to reward investors, customers and business partners for their support over the years. In addition, as a listed company, the Group will keep strengthening corporate governance and maintain a high level of transparency, in the hope of winning the continuous support and confidence of the community.”
Mr Davy Luk (right) and Mr Eddie Chan (centre), Co-CEOs of Intron Technology, receive the “2018 Listed Company Awards of Excellence - Rising Star Award” trophy from Mr. John Maguire, Chairman of Hong Kong Securities and Investment Institute on behalf of the Group
About Intron Technology Holdings Limited (英恒科技控股有限公司)
Intron Technology Holdings Limited is a fast-growing automotive electronics solutions provider in China focuses on providing solutions targeting critical automotive electronic components applied in new energy, body control, safety and powertrain systems. The Group utilizes its research and development and engineering capabilities to provide solutions incorporating advanced semiconductor devices to help OEMs achieve industry leading performance.