GUANGZHOU, China--GRG Banking Equipment Co. Ltd ranked the 32nd on the Top-100 Enterprises for Excellent Market Value Management.
The Top-100 Chart was voted by China Research Center for Market Value Management of Listed Companies, SASAC (State-owned Assets Supervision and Administration Commission of State Council), and CCFR (China Center for Financial Research, Tsinghua University) together on the Second Market Value Management of Listed Companies Forum.
Since last may, China Research Center for Market Value Management of Listed Companies has begun to comprehensively evaluate the MVM of listed companies in terms of value creation, value realization, and value linkage. The evaluation has become a significant channel for the listed companies to further understand their own MVM level.
With a 156.9 percent increase in net income in 2007,GRG Banking ranks the 20th in value creation, 50th in value realization and 32nd in comprehensive ranking among the 1500 listed companies (in A share market)