Qizheng Tibetan Medicine Listed Among the 300 Most Respected Publicly Traded Companies

　　On February 12, the "Top 100 Listed Companies Most Respected by Investors" event—approved by the China Securities Regulatory Commission and jointly organized by the China Association of Listed Companies, the Insurance Security Fund Corporation, the China Securities Industry Association, and the China Fund Industry Association—came to a close in Beijing. Qizheng Tibetan Medicine was awarded an honorable mention and has thus been recognized as one of the most respected listed companies.

　　According to the organizers, the event aims to implement the spirit of the “Nine Provisions on Investor Protection,” guiding and encouraging listed companies to continuously enhance their awareness of investor protection, strengthen investor relations management, and steadily improve their level of investor protection. The event lasted for more than three months and attracted widespread attention and active participation from both investors and listed companies. Through self-nominations by listed companies and recommendations from investors, a panel of expert judges rigorously screened the nominated companies in accordance with pre-established selection criteria, ultimately identifying 300 shortlisted listed companies from among the 2,635 companies that had either self-nominated or been recommended. Subsequently, individual and institutional investors cast their votes under a real-name voting system, and based on the number of votes received, the “100 Most Respected Listed Companies” were finally selected.

　　Since its launch in 2009, Qizheng Tibetan Medicine has continuously strived to enhance shareholder returns and corporate governance, consistently strengthening investor relations management. It fully safeguards investors’ rights to information, participation, and oversight, and continually raises awareness about investor protection.

　　In 2013, Qizheng Tibetan Medicine further refined its corporate governance by promoting the separation of strategic decision-making and strategic execution. From the board of directors down to the president’s team, business units, and functional departments, a management framework was established featuring hierarchical decision-making at higher levels and execution at lower levels. The company completed an optimization of its organizational structure and designed an organizational system that is strategically led, value-driven, and customer-oriented. Through the development of a decentralization manual, management responsibilities were clearly defined, management efficiency was enhanced, and the boundaries of authority and responsibility became clear and well-documented under the new organizational structure.

　　Since its successful listing on the Shenzhen Stock Exchange’s A-share market, the company has been keenly aware that the proper functioning of the shareholders’ meeting, the board of directors, and the supervisory board directly determines whether the company’s power, decision-making, and oversight bodies can effectively check and balance each other and fulfill their respective roles. In 2014, the Office of the Board of Directors organized training sessions for the company’s management and relevant business departments on topics including “Interpretation of Regulatory Requirements for the Management and Use of Funds Raised by Listed Companies,” “Interpretation of Public Reprimand Standards for Listed Companies on the SME Board,” and “Management System for Insider Information and Persons with Access to Such Information.” These training sessions ensured that the company’s operations consistently adhered to the highest standards of corporate governance and business ethics, thereby helping the company become a model for long-term value investing in the capital markets.

　　In 2014, guided by the spirit that “a great board of directors means a great company,” the company established a new board of directors and a supervisory board, effectively promoting the separation between the board of directors and the management team. This laid a solid foundation for further enhancing the effectiveness of the board of directors, fully leveraging the supervisory and inspection functions of the supervisory board, and safeguarding the legitimate rights and interests of small and medium-sized investors.