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