OREANDA-NEWS. December 19, 2012. The Asset Magazine, an internationally- renowned magazine organized an annual adjudication and selection of Triple A Corporate Governance Awards during which Dongfeng Motor Group Company Limited (489.HK) received a gold award of 2012 Best Corporate Governance. This marked the greatest recognition of the strong competence and sound corporate governance of Dongfeng Motor Group.

The triple A award organized by The Asset Magazine boasts a dominant presence in the financial sector in Asia. In 2012 which marked its 20th anniversary, the award is widely recognized and appreciated in the sector. Over 100 international institutional investors served as judges of outstanding listing companies across Asia. The adjudication and selection of the award spanned six months in three phrases including questionnaire survey, random survey and voting among 6,000 international institutional investors of The Asset Magazine and adjudication committee’s special enquiry of the management of the enterprises, all but served the purpose of a comprehensive evaluation over the standardization and fairness of corporate governance, the timeliness and transparency of information disclosure, shareholders’ interest, financial accounting standards and the compliance with provisions of supervisory authorities and the integrity of risk management mechanism of an enterprise.

Amidst the economic turmoil in 2012, the gold award of Best Corporate Governance not only indicates Dongfeng Motor Group’s robust integral capacities which is attributable to its emphasis on internal governance, its high corporate governance standards, constant enhancement in the timeliness and transparency of information disclosure and safeguard of the shareholders’ interest. According to Dongfeng Motor Group, the Company shall make continuous effort in improving its corporate governance and profitability so as to propel the long-term development of the Company and ultimately contribute to the community.