Impro Wins Hong Kong Economic Journal “Listed Company Awards of Excellence” Three Years in a Row
(Hong Kong, 13 December 2023) — Impro Precision Industries Limited (“Impro Precision” or the “Group”) (Stock Code: 1286), a world-leading manufacturer of high-precision, high-complexity and mission-critical components, has received for the third year the “Listed Company Awards of Excellence” from the professional financial media Hong Kong Economic Journal, evidencing the high recognition it gets from the capital market for its overall business performance in the past year.
Mr. Lu Ruibo, Chairman and Chief Executive Officer of Impro, said, “It is a great honor for Impro to receive for the third year the ‘Listed Company Awards of Excellence’ from Hong Kong Economic Journal. Being grateful to the judging panel for its strong endorsement of the Group’s business performance, I also wish to thank all employees for their hard work that has seen Impro grow continuously. In 2023, the global economy was ridden with challenges, yet the Group performed rather well in the aerospace and energy end-markets. Looking ahead, the Group will continue to take advantage of its manufacturing and sales networks in Asia, Europe, and the United States to steadily promote business development. Adhering to strategies with ‘Global Footprint’, ‘Diversified End-markets’ and ‘Twin Engine Growth’ as emphasis, the Group will seize every opportunity in the ever-changing market and actively respond to challenges, so that it may continue to repay stakeholders for their support with outstanding performance.”
In its eighth year, the “Listed Company Awards of Excellence” is organized by the Hong Kong Economic Journal. Every year, listed companies are selected using EJFQ, a stock-tracking system developed by and exclusively for HKEJ, and gauged according to four main criteria: their Piotroski F-Score, number of recommendations made by professional analysts, share price performance and corporate financial performance. From among them, those highly recognized by the market and afforded outstanding performance in the past year are commended. The evaluation is done professionally, objectively and rigorously. The Awards provide investors with valuable reference, helping create more fruitful investment opportunities, and allowing more people to better understand outstanding listed companies.