On November 25, 2016, the 5th China Listed Company Leaders Summit with the theme of “Focusing on the Supply Side and Innovating in Capital” was held in Chengdu, Sichuan, where numerous domestic top economists and over 100 leaders of listed companies had a discussion about new methods and ideas for the common development of the capital and real economy under the new environment. Among the "Ranking of 2016 China Listed Companies" released at the summit, Oceanwide Holdings won the “Best Practice of Corporate Governance” with its rule-based corporate governance.

In 2016, Oceanwide Holdings has continuously consolidated and expanded the advantages of the existing real estate business, expedited the platform improvement and business expansion of new transformation plates such as finance and investment, and gradually entered into rapid development by means of overall arrangement at home and abroad, endogenous growth and merger & acquisition, following the strategic transformation objective of “building an international enterprise group with the integration of industry and finance that focuses on finance on the basis of industry via the platform of Internet.”

In terms of corporate governance, Oceanwide Holdings has established and perfected its corporate governance structure, continuously optimized its organization structure, revised relevant rules and regulations, specified the authorization system and the management and control mode of the enterprise, and develop rule-based corporate governance in strict accordance with the Company Law, the Securities Law, the Code of Corporate Governance for Listed Companies, the Stock Listing Rules of Shenzhen Stock Exchange, etc.

While strengthening system development, Oceanwide Holdings has greatly adjusted and enriched the board of directors and board of supervisors according to new requirements on the upgrade of decision-making mechanism and management system raised by the transformation development, which has greatly enhanced the scientific decision-making ability of the board of directors and the supervising and guiding ability of the board of supervisors; in addition, it also newly established the executive committee of the board of directors in accordance with the revised Articles of Association, in order to strengthen the execution of resolutions of the board of directors, and continuously upgrade the management and control system of the company. Meanwhile, it has comprehensively strengthened the risk control system to prevent all risks and guarantee legal compliance.

The Word-of-Mouth Ranking of 2016 China Listed Companies is hosted by the authoritative financial media National Business Daily and www.ndb.com.cn, and all the awards were selected through big data mining after the scientific modeling of academic institutions. The Best Practice of Corporate Governance aims to honor the model enterprises with sound and perfect systems which dare to explore the innovation in structure and mechanism on the basis of legal compliance, and provide guidance for the corporate governance practice in China.