Vtech 2003 Annual Report Download - page 24

Corporate Affairs
VTech Holdings Ltd
22
Investor Relations
The Group is committed to continuously
improving its standard of corporate
governance and ensuring that full, timely
and equitable information are disclosed to
its shareholders and investors. In recent
years, additional efforts were devoted to
the building of investor relationships in all
major market places, i.e. Hong Kong, Asia,
Europe and the United States.
INVESTOR BRIEFINGS During the financial
year 2003,VTech held over 50 one-on-one
meetings with investors to keep them
abreast of the latest Company’s
developments. In addition, we organized
site visits to our advanced manufacturing
facilities in mainland China. Senior
management also participated in various
investor conferences in Hong Kong and
Shanghai, mainland China.
RESULTS ANNOUNCEMENT WEBCAST
Beginning with the financial year 2003
interim results announcement,VTech began
webcasting its key financial
announcements, allowing investors not
present in Hong Kong to watch the event,
accompanied by the detailed slide
presentations.
QUARTERLY NEWSLETTER In July 2002, the
Group began to issue a quarterly newsletter
to investors in order to keep them informed
of VTech’s latest developments.
INVESTOR SURVEY In February 2003,VTech
conducted a brief survey (via its investor
relations' advisors) on the perceptions of
buy and sell-side analysts, to ascertain their
views on the Company regarding its
prospects and its investor communications.
The information was used to improve the
level of service that the Group provides to
the investment community and confirmed
the usefulness of initiatives such as the
webcast and quarterly newsletter.
INVESTOR RELATIONS WEBSITE For all
investors, the corporate website www.vtech.
com provides up-to-date investor
information, including press releases, stock
exchange announcements and “pdf”
versions of the annual and interim reports.
Employee Relations
The people who work at VTech have
consistently demonstrated loyalty and
enthusiasm to the Group both in periods
of growth and during times of challenge.
Particularly in the context of the outbreak
of SARS, which had the potential to deal a
severe blow to corporate morale, we took
great care to ensure positive attitude was
maintained at every level, from our factory
floor through senior management.
MAINTAINING A SARS FREE WORKPLACE
VTech attaches great importance to the
health of its employees and accordingly
responded quickly to the SARS outbreak to
ensure that risks to its employees, especially
those in mainland China and Hong Kong
were minimized.
The Company set up a SARS committee to
formulate precautionary measures and
business contingency plan in response to
the potential threat to the organization.We
followed strictly the guidelines issued by
the Department of Health in Hong Kong to
prevent exposure and potential infections.
Among the many measures adopted,VTech
ensured all employees understood the
required standards of personal hygiene and
provided face masks to all employees in
Hong Kong and mainland China. Initiatives
were taken to ensure a clean working
environment at all our facilities, including
increasing ventilation and regular
disinfection.Thanks to the implementation
of these precautionary measures, as at 25th
June 2003, no VTech employee had
contracted the virus.
RUNNING TOGETHER In February 2003,
Chairman Allan WONG participated in the
Standard Chartered Hong Kong Marathon
along with 27 VTech colleagues.Events such
as these strengthen the shared sense of
purpose among management and
employees.
Loyalty and
enthusiasm