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Thursday, 3 December 2015, 21:52 HKT/SGT

Source: Tongda Group Holdings Limited
Tongda Group Garners DHL/SCMP Hong Kong Business Awards 2015 - Enterprise Award

HONG KONG, Dec 3, 2015 - (ACN Newswire) - Tongda Group Holdings Limited ("Tongda Group" or the "Group" ) (stock code: 698) was able to withstand the stringent selection process of the DHL/SCMP Hong Kong Business Awards 2015, becoming the winner of this year's Enterprise Award.

Mr. Wang Ya Nan, Chairman and CEO of Tongda Group, said, "It is a great honour for us to win the DHL/SCMP Hong Kong Business Awards, which is one of the most prestigious business accolades in Hong Kong. The Group is the world's leading solutions provider of high-precision components used in smart mobile communication and consumer electronic products. The Enterprise Award commends its outstanding performance in technological advancement and its capabilities in developing new businesses and new markets, and also recognises the superb results it has attained. This honour also comes with a great deal of responsibility. Tongda will continue to uphold the principle of "creating value for customers". Looking ahead, we will continue to strive for the intensive development of technology, with emphasis on research and development together with market expansion and innovation. With our perseverance and business-oriented approach, we aim at creating better returns to our shareholders and investors."

Since its founding in 1988, Tongda Group has established a solid presence in the markets for the casing of handsets, electrical appliances, notebook computer and related products. After the Group was listed on The Stock Exchange of Hong Kong Limited, the corporate governance structure has become healthier and more comprehensive. Tongda's production bases are located in Yangtze River Delta, Pearl River Delta and Fujian Province. Through technological innovations and vertical integration, the Group has focused on producing injection moulding components, aluminium components with various surface effects as well as high-precision rubber parts and high-precision metal components.

The Hong Kong Business Awards were established by DHL and South China Morning Post in 1990, aimed at publicly acknowledging the vital contributions made by individuals and companies from the industrial and commercial sectors in maintaining and expanding the economic viability and international stature of Hong Kong and the Pearl River Delta. In particular, the Enterprise Award commends companies that demonstrate excellence in their relative growth and market development, business performance and commercial success. Award-winning companies should also be successful in the innovation of new products or services, or the penetration of new markets, and show evidence of effective risk management in changing environments.

About Tongda Group Holdings Limited

Tongda Group is the world's leading solutions provider of high-precision components used in smart mobile communication and consumer electronic products. The Group has been listed on the Main Board of The Stock Exchange of Hong Kong Limited since 2000, under the Information Technology - IT Hardware category, and has been selected as a constituent stock in the Hang Seng Composite SmallCap Index, Hang Seng Broad Consumption Index, Hang Seng Global Composite Index and the MSCI Global Small Cap Indices - China Index. The Group garners the DHL/SCMP Hong Kong Business Awards 2015-Enterprise Award and has been selected to the Forbes Asia's 200 "Best Under A Billion" list in 2016. Mr. Wang Ya Nan, Chairman and CEO of the Group has been named the winner in the technology category of EY Entrepreneur of the Year China 2016.

Leveraging its leading In-Mold Lamination ("IML"), metal casing production and rubber parts business technology and first-tier customers in the PRC's robust consumer market, the Group has established a solid presence in the markets for handsets, electrical appliances and notebook computer casings and related products. The Group is dedicated to satisfying customers' needs through establishing global service networks in various regions, with strategically located production bases in Shishi city, Xiamen, Shanghai and Shenzhen, as well as R&D centres in Shanghai and Taiwan.

Strategic Financial Relations Limited
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Fax: 2527 1196

Dec 3, 2015 21:52 HKT/SGT
Source: Tongda Group Holdings Limited

Topic: Press release summary
Sectors: Daily Finance
From the Asia Corporate News Network

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