Aon and FORTUNE China announce 2019 China’s Top Boards of Directors
SHANGHAI (20 August 2019) –
Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement, and health solutions, and FORTUNE China, the global business news leader, have named the top 50 boards of directors in China for 2019. The report delivers new insights into the best practices for boards around corporate governance.
Now in its second year, Aon and FORTUNE China’s Top Boards of Directors ranking sees 28 companies from last year’s Top 50 making the list alongside 22 new companies.
The slowdown in global economic growth, Sino-US trade tensions, and geopolitical instability created a complex external environment that posed greater risks to Chinese enterprises, especially the global ones.
The new firm will also continue to work with Aon Reinsurance Solutions teams in London and Singapore to provide clients access to all forms of global reinsurance capital.
More enterprises have also begun to introduce foreign directors in order to strengthen the board’s ability to cope with global risks. Compared with last year, top 50 boards with foreign directors have increased by 2 percent.
In addition, companies in the top 50 are more willing to invest in innovation. Eight companies on the ranking were also named on a ‘Most Influential Innovative Companies in China’ list last year.
Peter Zhang, CEO of Aon Consulting, China, said, ”To deal with a challenging economic environment, the board of directors must make sure that their organisations have the ability to recognise and respond to evolving risks proactively, thereby reducing volatility and improving performance. In addition, they should provide strategic direction, set stretch-goals for executives, and ensure that their people strategies are well positioned to support growth in a globalised business landscape.”
2019 China’s Top 50 Board of Directors (in no particular order)
| Company |
Industry |
| Tencent Holdings Ltd |
Internet |
| Country Garden Holdings Co. Ltd |
Real Estate |
| Sunny Optical Technology (Group) Company Limited |
Machinery & Equipment |
| Hangzhou Hikvision Digital Technology Co.,Ltd. |
Electronics |
| Logan Property Holdings Company Limited |
Real Estate |
| Logan Property Holdings Company Limited |
Real Estate |
| China International Travel Service Corporation Limited |
Tourism & Hotel |
| TAL Education Group |
Electronics |
| Geely Automobile Holdings Limited |
Auto Parts |
| Shenzhou International Group Holdings Ltd. |
Textile & Garment |
| Dali Foods Group Company Limited |
Food & Beverage |
| China Evergrande Group |
Real-estate |
| Ping An Insurance (Group) Company of China, Ltd. |
Insurance |
| Ronshine China Holdings Limited |
Real Estate |
| China State Construction Engineering Corporation Limited |
Infrastructure |
| Wanhua Chemical Group Co.,Ltd. |
Chemical |
| China Gas Holdings Ltd. |
Energy |
| Longfor Group Holdings Limited |
Real Estate |
| Alibaba Group Holding Ltd |
Internet |
| ANTA Sports Products Limited |
Textile & Garment |
| Industrial and Commercial Bank of China Limited |
Banking |
| Shaanxi Coal Industry Company Limited |
Coal Mining |
| China Aoyuan Group Limited |
Real Estate |
| Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. |
Food & Beverage |
| Hunan Valin Steel Co., Ltd. |
Metal |
| Guangdong Haid Group Co.,Limited |
Agriculture |
| Bank of Ningbo Co.,Ltd |
Real Estate |
| China Aoyuan Group Limited |
Banking |
| Luxi Chemical Group Co.,Ltd. |
Chemical |
| China Shenhua Energy Company Limited |
Coal Mining |
| China Merchants Bank Co., Ltd. |
Real Estate |
| China Aoyuan Group Limited |
Banking |
| Baoshan Iron & Steel Co.,Ltd. |
Metal |
| China Oriental Group Co. Ltd. |
Metal |
| Zhejiang Dahua Technology Co., Ltd. |
Electronics |
| Times China Holdings Limited |
Real Estate |
| China Enterprise Company Limited |
Real Estate |
| ENN Energy Holdings Limited |
Energy |
| Fangda Special Steel Technology Co.,Ltd |
Metal |
| Foshan Haitian Flavouring and Food Company Ltd. |
Food & Beverage |
| Liuzhou Iron & Steel Co.,Ltd. |
Metal |
| CIFI Holdings (Group) Co. Ltd. |
Real Estate |
| Hengli Petrochemical Co.,Ltd. |
Chemical |
| KINGOLD JEWELRY, INC. |
Manufacturing |
| ree Electric Appliances,Inc. of Zhuhai |
Household Appliance |
| Sunac China Holdings Limited |
Real Estate |
| Hengtong Optic-Electric Co.,Ltd |
Construction Materials |
| Anhui Conch Cement Company Limited |
Machinery & Equipment |
| China Yangtze Power Co., Ltd. |
Energy |
| NARI Technology Co., Ltd. |
Machinery & Equipment |
| China Railway Signal & Communication Corporation Limited |
Telecommunication |
About Aon
Aon plc (NYSE:AON) Aon is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.
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