CLP Holdings Limited won the Best Report Award of the 2016 Best Annual Reports Awards organized by The Hong Kong Management Association and co-organized by South China Morning Post. The Panel of Adjudicators commended the annual report of CLP as "A top quality report which raises the bar again and demonstrates excellence in design, concise communication and innovative reporting to enhance the decision-usefulness of the report."

Apart from the Best Report Award, there are two categories of winning reports: General and Non-profit Making and Charitable Organizations. The results are as follows:

Best Report Award:

CLP Holdings Limited

"General" Category:

"Non-profit Making and Charitable Organizations" Category:

* Honourable Mentions:

• Fu Hong Society
• Hang Lung Properties Limited
• Hong Kong Housing Society
• The Hong Kong Jockey Club
• Sa Sa International Holdings Limited
• Swire Properties Limited

Sustainability Reporting Award:

"General" Category

• CLP Holdings Limited

"Non-profit Making and Charitable Organizations" Category

• Drainage Services Department

* Excellence Awards for Charitable Organizations:

• Fu Hong Society
• The Hong Kong Jockey Club

* Excellence Awards for H Share & Red Chip Entries:

• COSCO International Holdings Limited
• COSCO SHIPPING Ports Limited
• Lenovo Group Limited

* Excellence Awards for Small Size Entries:

• China Everbright Limited
• Equal Opportunities Commission
• Power Assets Holdings Limited

Best New Entry:

• Chow Tai Fook Jewellery Group Limited

* Citations for Design:

• The Hong Kong Polytechnic University
• Hong Kong Productivity Council
• New World China Land Limited
• Shui On Land Limited

* Citations for Environmental, Social and Governance Disclosure:

• COSCO International Holdings Limited
• Hysan Development Company Limited
• Lenovo Group Limited
• Tung Wah Group of Hospitals

Judges` Special Award:

• CK Hutchison Holdings Limited

Australasia-Hong Kong 2016 Sustainability Reporting Award:

• Sanford Limited

* (Listed according to the alphabetical order of company names)

The Awards Presentation Ceremony was held on Monday, 24 October, at the Island Shangri-La Hotel. This year, a total of 80 reports (60 from General and 20 from Non-profit Making and Charitable Organizations categories) were reviewed by the Panel of Adjudicators.

Organized by The Hong Kong Management Association since 1973 and co-organized with the South China Morning Post since 2007, the Best Annual Reports Awards is an annual competition to encourage the publication of timely, accurate, informative and well presented annual reports for shareholders, stakeholders, employees and others who may have an interest in the performance and activities of the organizations in question.

The Panel of Adjudicators this year include:

Professor Richard Petty (Chairman) FCPA (Aust., Life), FAICD
Chairman
Australian Chamber of Commerce Hong Kong & Macau
(Representing CPA Australia)

Ms Jill Cheshire RIBA, HKIA
Director
Jill Cheshire Desig

Dr Keith Lam CFPCM Former Vice Chairman - Finance and Administration
Institute of Financial Planners of Hong Kong
(Representing Institute of Financial Planners of Hong Kong)

Mr Richard Law FCIS, FCS
Fellow Member
The Hong Kong Institute of Chartered Secretaries
(Representing The Hong Kong Institute of Chartered Secretaries)

Dr Neale O`Connor FCPA (Aust.)
Associate Professor
School of Business
Hong Kong Baptist University

Mr Steve Ong FCA, FCPA
Senior Vice President, Head of Accounting Affairs, Listing Department
Hong Kong Exchanges and Clearing Limited
(Representing Hong Kong Exchanges and Clearing Limited)

Dr John Tang Solicitor, FCPA
National Director, Independence - China
Ernst & Young

Mr Frederick Tsang CFA
Immediate Past President
The Hong Kong Society of Financial Analysts
(Representing The Hong Kong Society of Financial Analysts)

Mr Trini Tsang SFHKSI
Executive Director and General Manager
Wocom Holdings Limited

Mr Philip Tye ACA, SFHKSI, FHKIOD
Board Director
Hong Kong Securities and Investment Institute
(Representing Hong Kong Securities and Investment Institute)

* * * * *

Issued by The Hong Kong Management Association on 24 October 2016.

For press enquiries:

Ms Sunnie Ma, Senior Manager
Tel: 2774 8579
Email: sunniema@hkma.org.hk

Ms Krystal Yeung, Executive Officer
Tel: 2774 8547
Email: krystalyeung@hkma.org.hk