Absen among China's Best Managed Companies 2020
PR85466
SHENZHEN, China, Sept. 8, 2020 /PRNewswire=KYODO JBN/ --
LED display specialist, Absen (SZSE: 300389), has once again been recognised as
one of China's Best Managed Companies in Deloitte's Best Managed Companies
(BMC) programme.
Photo - https://photos.prnasia.com/prnh/20200908/2910203-1
(Caption: Absen recognised by Deloitte's annual index for the second
consecutive year)
The BMC programme is a global initiative that identifies and recognises private
companies with advanced management ideas and excellent business performance.
Key factors in the evaluation of a company's management ability include
Strategy, Capabilities, Commitment and Financial Strength. This year, the
selection criteria also considered Resiliency towards the Covid-19 pandemic.
Absen was deemed to have shown extraordinary competency in all areas, allowing
the company to weather these difficult times.
With a reputation for providing high quality LED displays, Absen once again
achieved the #1 global export position for the 11th consecutive year and will
next year celebrate its 20th anniversary. Absen has a state-of-the-art
manufacturing facility with an annual production capacity of 300,000sqm and
places great emphasis on R&D and innovation. The company has built a strong
customer service network with 15 domestic and overseas subsidiaries in order to
support its customers worldwide.
Throughout 2020, Absen has continued to make improvements to its management
systems, IT systems and end-to-end processes with the goal of becoming a fully
'customer-centric' organisation and while being underpinned and guided by a
strong corporate culture and sound financial management. The company has also
invested in talent development and corporate social responsibility practices.
Zhao Jian, BMC managing partner, says resilience creates sustainable value for
enterprises. Long-lasting businesses and first-class enterprises have
experienced several economic cycles, and will have more comprehensive and
sophisticated strategies. The greater an enterprise's long-term mission, the
greater its vitality. "Highly resilient enterprises" have developed strong immunity.
Commenting on the award, CFO of Absen, Ashley Li said: "The BMC Awards examines
every facet of an organisation and we are very proud that Absen fulfils all of
the requirements. This prestigious award is a fantastic recognition for the
overall success of Absen, based on the clear strategic direction and
organisational structure, outstanding financial performance, strong risk
management ability and inspiring corporate culture. This award will boost our
confidence in continuing to improve our business management as well as our
products and services."
SOURCE: Absen
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Caption: Absen recognised by Deloitte's annual index for the second consecutive year
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