OREANDA-NEWS. August 29, 2011. CCTV finance channel's "2011 CCTV China's Listed Companies Summit & CCTV Finance 50 Index Release Ceremony" was held in Beijing. Baosteel was selected into "CCTV Finance 50 Index Specimen Companies" and was awarded the title of Top 10 Responsible Companies, reported the press-centre of Baosteel.

"CCTV Finance 50 Index Specimen Companies" are jointly assessed by CCTV finance channel, Beijing University and other professional institutions. They are the outstanding companies among China's listed companies and the examples of listed companies in 5 dimensions, i.e. growth, innovation, reward, corporate governance and social responsibility. The release of 50 index lays stress on advocating the concept of value investment.

"Social responsibility" evaluation index system consists of 5 responsibility index systems, namely economy, environment, employee, consumer and community, etc., which is the highest requirement imposed by the capital market on listed companies. The title of Top 10 Responsible Companies received by Baosteel Co., Ltd. shows that Baosteel Co., Ltd. is not only recognized by the capital market in terms of growth, innovation, reward and corporate governance, etc., but also leads most of the listed companies in terms of social responsibility, marking another step advanced by Baosteel Co., Ltd. from excellence to preeminence.