CYPC won the “2023 Best Practice Case for Public Company Boards”

Recently, the China Association for Public Companies (CAPCO) announced the results of the “2023 Best Practice Case for Public Company Boards”. China Yangtze Power Co., Ltd. (CYPC) won the “Best Practice Case” award, the highest honor.

The “2023 Best Practice Case for Public Company Boards” selection is organized by CAPCO, aiming to further encourage the compliant and effective operation of the boards of directors of listed companies and improve their standardized governance level. This activity focuses on an all-round assessment of board compliant operation, corporate governance, practice innovation, information disclosure quality, investor relationship management, the practice of ESG concepts, and other dimensions. Hundreds of companies were shortlisted for the practice case for boards from more than 5,000 listed companies, and only 100 were awarded “Best Practice Case”, accounting for no more than 2% of the entire capital market. CYPC stood out with its standardized and efficient governance practices and won the highest honor.

Over the past 20 years since its listing, CYPC has kept improving its modern enterprise system with Chinese characteristics to ensure high-level corporate governance and management capability. It has grown into China’s largest public power company and the world’s largest public hydropower company.