CHA » Topics » CORPORATE GOVERNANCE

This excerpt taken from the CHA 6-K filed Sep 10, 2008.

CORPORATE GOVERNANCE

To protect the interest of our shareholders, customers and staff, we have strived to increase our corporate value by maintaining and strengthening high standards of corporate governance, continuously increasing transparency and ensuring the healthy development of the Company. Our efforts in corporate governance have been widely recognised by the capital market. In the first half of the year, we were awarded “Asia’s Best Managed Fixed Telecom Company” by Euromoney. In accrediting Asia’s Best Companies for the year of 2008 by FinanceAsia, the Company was awarded the “Best Managed Company – China”. In addition, the Company was accredited with “CAPITAL Outstanding China Enterprise Awards – Telecommunications” by CAPITAL for three consecutive years. Further, our website (www.chinatelecom-h.com) was accredited in “IR Global Rankings 2008” as the “Best Investor Relations Website” in China.

This excerpt taken from the CHA 6-K filed Aug 29, 2008.

Corporate governance

To protect the interest of our shareholders, customers and staff, we have strived to increase our corporate value by maintaining and strengthening high standards of corporate governance, continuously increasing transparency and ensuring the healthy development of the Company. Our efforts in corporate governance have been widely recognized by the capital market. In the first half of the year, we were awarded “Asia’s Best Managed Fixed Telecom Company” by Euromoney. In accrediting Asia’s Best Companies for the year of 2008 by FinanceAsia, the Company was awarded the “Best Managed Company – China”. In addition, the Company was accredited with “CAPITAL Outstanding China Enterprise Awards – Telecommunications” by CAPITAL for three consecutive years. Further, our website (www.chinatelecom-h.com) was accredited in “IR Global Rankings 2008” as the “Best Investor Relations Website” in China.

This excerpt taken from the CHA 6-K filed Apr 18, 2008.

CORPORATE GOVERNANCE

In order to enhance operating efficiency and investor confidence, we are firmly committed to adopting international best practices to improve corporate governance and transparency continuously. The Company greatly emphasizes the importance of internal control and risk management. In terms of meeting regulatory requirements, we further improved our internal control and assessment systems, and progressively integrated the comprehensive risk management mechanisms into our daily operations. Thus the interests of our shareholders are safeguarded. Our continuous efforts in corporate governance were widely recognized by the capital market. We have been accredited with a number of awards, including “World’s Most Admired Companies” for the year 2007 by Fortune and “Asia’s Best Managed Fixed Telecom Company” in 2007 by Euromoney.

This excerpt taken from the CHA 6-K filed Apr 1, 2008.

Corporate Governance

In order to enhance operating efficiency and investor confidence, we are firmly committed to adopting international best practices to improve corporate governance and transparency continuously. The Company greatly emphasizes the importance of internal control and risk management. In terms of meeting regulatory requirements, we further improved our internal control and assessment systems, and progressively integrated the comprehensive risk management mechanisms into our daily operations. Thus the interests of our shareholders are safeguarded. Our continuous efforts in corporate governance were widely recognized by the capital market. We have been accredited with a number of awards, including “World’s Most Admired Companies” for the year 2007 by Fortune and “Asia’s Best Managed Fixed Telecom Company” in 2007 by Euromoney.

This excerpt taken from the CHA 6-K filed Aug 29, 2007.

CORPORATE GOVERNANCE

We are firmly committed to continuously improving our corporate governance and transparency to ensure our healthy development and enhance our corporate value. With regard to the US Sarbanes- Oxley Act, the Company continuously strengthened its internal control systems while further improving its risk management system to effectively lower operating risk. Our efforts in corporate governance have been widely recognized by the capital market and honored with a number of awards, including the accreditation with “CAPITAL Outstanding China Enterprise Awards — Telecommunications” by CAPITAL magazine for two consecutive years. Furthermore, in the nomination of the Asia’s Best Companies 2007 (China region) organised by FinanceAsia, we achieved top rankings in the “Best Managed Company”, “Best Corporate Governance” and “Best Investor Relations” categories.

This excerpt taken from the CHA 6-K filed Sep 22, 2006.

CORPORATE GOVERNANCE

Improving corporate governance and the transparency of our operations commands our continuous effort. This year, we began to disclose monthly subscriber data and further enriched the quarterly disclosure of key business and financial indicators to allow investors to gain more timely and thorough understanding of our operations. The Company continued to hold its annual general meeting in Hong Kong and fully utilized its website for a more effective communication with shareholders. Following international best practices and regulatory requirements like Sarbanes- Oxley Act of 2002 (Section 404), and basing on the continuously improved internal control system in the past three years, we undertook measures such as authority limits setting and grade assessment to strengthen our internal control responsibility system, perfect corporate governance, reduce corporate risks and enhance operational efficiency.

 

4   Interim Report 2006    China Telecom Corporation Limited


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This excerpt taken from the CHA 6-K filed Sep 1, 2006.

Corporate Governance

Improving corporate governance and the transparency of our operations commands our continuous effort. This year, we began to disclose monthly subscriber data and further enriched the quarterly disclosure of key business and financial indicators to allow investors to gain more timely and thorough understanding of our operations. The Company continued to hold its annual general meeting in Hong Kong and fully utilized its website for a more effective communication with shareholders. Following international best practices and regulatory requirements like Sarbanes-Oxley Act of 2002 (Section 404), and basing on the continuously improved internal control system in the past three years, we undertook measures such as authority limits setting and grade assessment to strengthen our internal control responsibility system, perfect corporate governance, reduce corporate risks and enhance operational efficiency.

This excerpt taken from the CHA 6-K filed Sep 1, 2005.

Corporate Governance

 

The Company is committed to the continuous improvement of its corporate governance. We held the Annual General Meeting in Hong Kong during the first half of this year and reported directly to our shareholders and exchanged views with them. In addition, we will increase the number of independent non-executive directors to comprise one-third of our Board of Directors, appoint an internationally renowned financial expert as our independent non-executive director, and also establish a nomination committee to further enhance the functioning of the independent non-executive directors. To improve our transparency, we commenced quarterly disclosure of key operating data and operating revenue in the first quarter of this year, and will increase the contents of the quarterly disclosure progressively. In strict accordance with the requirements of the Sarbanes-Oxley Act of 2002 and international best practices, we will continuously perfect our internal control system to ensure the truthfulness and accuracy of all information disclosed, minimise operational risks and increase operational efficiency.

 

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