Xin Lang Zheng Quan·2025-11-26 08:17Core Insights - China Listed Companies Association announced the results of the "2025 Best Practices for Listed Company Boards" selection, with CIMC Vehicles (Group) Co., Ltd. awarded for its governance mechanisms and board operations [1][3] Group 1: Award and Recognition - CIMC Vehicles was recognized as one of the ten companies on the Growth Enterprise Market to receive the "2025 Best Practices for Listed Company Boards" award, highlighting its commitment to innovative development and effective governance [3] - The selection process involved initial reviews, expert committee evaluations, and integrity checks, resulting in only 240 companies being recognized, which is less than 5% of the total [3] Group 2: Governance and Strategy - The company integrates its entrepreneurial spirit into its governance system, establishing a scientific and efficient decision-making mechanism to support its strategic initiatives and global operations [3] - The newly established Board Space, launched in October 2025, serves as a strategic hub aimed at optimizing governance and embodying the commitment to best practices under the "14th Five-Year Plan" focusing on intelligence, greening, and integration [3][7] Group 3: Future Directions - CIMC Vehicles plans to continue modernizing governance through the Board Space, ensuring compliance and innovation to enhance corporate value, improve shareholder returns, and strengthen risk management [7]