Yip's Chemical Holdings Limited ('Yip's Chemical' or the 'Group') (SEHK: 00408), the world's largest manufacturer of acetate solvents and one of China's largest manufacturers of petrochemical products, is celebrating its 45th anniversary this year. Over the years, the Group has been working to enhance its corporate governance and giving back to society while strengthening business portfolio, bolstering its recognition and reputation in different sectors. Its success is underlined by garnering a total of 16 awards in 2016 encompassing areas such as corporate governance, corporate social responsibility and investor relations, reflecting appreciation of its outstanding performance in various aspects as well as its progress in achieving its goal of becoming a century-old company that is both the pride of its employees and widely respected by outsiders.

This year, the Group was presented with the Gold Award at The Asset Corporate Awards 2016 for the sixth consecutive year by The Asset, a renowned Asian financial magazine, honouring its performance in improving financial results, strengthening corporate governance and investor relations standards, as well as promoting corporate social responsibility and environmental protection. Winning the award for multiple times over the years also testifies to the Group's long term excellent performance in various areas.

As for corporate social responsibility, the Group garnered the Outstanding Caring Award (SME Group) at the fourth 'Industry Cares Recognition Scheme' organised by Federation of Hong Kong Industries for the first time in recognition of the results of its three corporate social responsibility projects namely the flagship 'Mobile Eye Surgery Centre Donation Programme,' 'Cross-Gen Mentorship Programme' and 'Yip's Care Extension Foundation.' The Group was also awarded the '10 Years Plus Caring Company' logo from The Hong Kong Council of Social Service to recognise its effort in 'Caring for the Employees,' 'Caring for the Community' and 'Caring for the Environment' over the past eleven years.

Major Awards in 2016 (Hong Kong)

The Asset

* The Asset Corporate Awards 2016 - Gold award for Excellence in Governance, CSR and IR Benchmarking

Federation of Hong Kong Industries

* Outstanding Caring Award (SME Group) at the fourth 'Industry Cares Recognition Scheme'

The Hong Kong Council of Social Service

* '10 Years Plus Caring Company' logo

The Asian Foundation for the Prevention of Blindness

* Special Contribution Award

International ARC Awards

* Honours Award in the 'Traditional Annual Report - Chemicals' category

Mr. Stephen Yip and Mr. Nat Wong, Co-Chief Executive Officers of Yip's Chemical, said, 'We are celebrating our 45th anniversary this year and we are very honoured to be recognised by various sectors in society on an ongoing basis. Through our constant striving for excellence in the past decades, we have become a renowned petrochemical product manufacturer with sales reaching almost HK$10 billion. Looking ahead, we will uphold the principles of 'respect for and cooperation with all stakeholders', 'thirst for talents', 'undivided focus on core businesses', 'develop next-generation products', 'build value-added brands', 'enhance shareholder returns' and 'undertake corporate social responsibility'. Through these seven driving factors, we hope to realise our medium-to-long-term vision of 'Towards a Century of Revered Leadership'.'

Yip's Chemical Holdings Limited ('Yip's Chemical' or the 'Group') (SEHK: 00408), the world's largest manufacturer of acetate solvents and one of China's largest manufacturers of petrochemical products, is celebrating its 45th anniversary this year. Over the years, the Group has been working to enhance its corporate governance and giving back to society while strengthening business portfolio, bolstering its recognition and reputation in different sectors. Its success is underlined by garnering a total of 16 awards in 2016 encompassing areas such as corporate governance, corporate social responsibility and investor relations, reflecting appreciation of its outstanding performance in various aspects as well as its progress in achieving its goal of becoming a century-old company that is both the pride of its employees and widely respected by outsiders.

This year, the Group was presented with the Gold Award at The Asset Corporate Awards 2016 for the sixth consecutive year by The Asset, a renowned Asian financial magazine, honouring its performance in improving financial results, strengthening corporate governance and investor relations standards, as well as promoting corporate social responsibility and environmental protection. Winning the award for multiple times over the years also testifies to the Group's long term excellent performance in various areas.

As for corporate social responsibility, the Group garnered the Outstanding Caring Award (SME Group) at the fourth 'Industry Cares Recognition Scheme' organised by Federation of Hong Kong Industries for the first time in recognition of the results of its three corporate social responsibility projects namely the flagship 'Mobile Eye Surgery Centre Donation Programme,' 'Cross-Gen Mentorship Programme' and 'Yip's Care Extension Foundation.' The Group was also awarded the '10 Years Plus Caring Company' logo from The Hong Kong Council of Social Service to recognise its effort in 'Caring for the Employees,' 'Caring for the Community' and 'Caring for the Environment' over the past eleven years.

Major Awards in 2016 (Hong Kong)

The Asset

* The Asset Corporate Awards 2016 - Gold award for Excellence in Governance, CSR and IR Benchmarking

Federation of Hong Kong Industries

* Outstanding Caring Award (SME Group) at the fourth 'Industry Cares Recognition Scheme'

The Hong Kong Council of Social Service

* '10 Years Plus Caring Company' logo

The Asian Foundation for the Prevention of Blindness

* Special Contribution Award

International ARC Awards

* Honours Award in the 'Traditional Annual Report - Chemicals' category

Mr. Stephen Yip and Mr. Nat Wong, Co-Chief Executive Officers of Yip's Chemical, said, 'We are celebrating our 45th anniversary this year and we are very honoured to be recognised by various sectors in society on an ongoing basis. Through our constant striving for excellence in the past decades, we have become a renowned petrochemical product manufacturer with sales reaching almost HK$10 billion. Looking ahead, we will uphold the principles of 'respect for and cooperation with all stakeholders', 'thirst for talents', 'undivided focus on core businesses', 'develop next-generation products', 'build value-added brands', 'enhance shareholder returns' and 'undertake corporate social responsibility'. Through these seven driving factors, we hope to realise our medium-to-long-term vision of 'Towards a Century of Revered Leadership'.'

Yip's Chemical Holdings Limited published this content on 14 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 14 December 2016 08:53:02 UTC.

Original documenthttp://www.yipschemical.com/news/press-release/yip’s-chemical-captures-numerous-accolades-in-2016/

Public permalinkhttp://www.publicnow.com/view/D6B4B87EC58CD17308D080F835BE309F18DFEE82