Vtech 2014 Annual Report Download - page 29

Download and view the complete annual report

Please find page 29 of the 2014 Vtech annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 72

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72

Index Recognition
The Company’s success and importance have been recognised
by the inclusion of the stock in market indices.
The Company is a constituent stock of two indices listed on
The Stock Exchange of Hong Kong Limited: the Hang Seng
HK 35, which comprises the 35 largest companies which derive
the majority of their sales revenue (or profits or assets if more
relevant) from areas outside mainland China; and the Hang
Seng High Dividend Yield Index, which comprises 50 stocks
and/or real estate investment trusts with the highest net
dividend/distribution yield.
Corporate Governance
VTech is committed to sound corporate governance,
which underpins the efforts to execute its strategy,
generate shareholder value and safeguard shareholders’
long-term interests.
To ensure sound corporate oversight, the majority of the
Board is composed of independent non-executive directors.
The Board has established an Audit Committee, a Nomination
Committee, a Remuneration Committee and a Risk
Management and Sustainability Committee with defined terms
of reference. All directors, management and employees are
required to abide by the Company’s Code of Conduct.
A Whistleblowing Policy is in place to facilitate the raising of
matters of serious concerns by employees in confidence. VTech
has also established a Continuous Disclosure Policy to ensure
full compliance with the statutory inside information disclosure
requirement under the Securities and Futures Ordinance and
the Listing Rules.
Investor Communications
The Group makes every effort to maintain open communication
with shareholders and potential investors, in order to keep them
fully informed about VTech’s latest developments. Suggestions
are welcome on how VTech can improve.
All of the Group’s investor communications activities are
governed by a Shareholders Communication Policy. This aims
to ensure that all shareholders and potential investors are
provided with ready, equal and timely access to balanced and
understandable information about the Company.
During the financial year 2014, management held meetings
with investors in Hong Kong, organised site visits to the Group’s
manufacturing facilities in China and participated in investment
conferences. The Group also hosted roadshows in Singapore,
Japan and the UK.
Key financial announcements are webcast, accompanied
by the detailed slide presentations and other important
financial information. The latest information on the Group’s
developments, financial data and stock information can be
found on the corporate website www.vtech.com. All key
information is available electronically.
Company visit by Japanese investors
27VTech Holdings Limited Annual Report 2014