SINGAPORE: Sunpower Group Ltd., an environmental protection solutions specialist with a strong focus on expanding into antipollution investment projects, has announced that the Group has been recognized as one of China’s Best Managed Companies by Deloitte Touche Tohmatsu Limited, the largest of the “Big Four” accounting and audit firms in the world.[the_ad id=”31605″]The Deloitte BMC programme is a global initiative to identify and recognize private companies with advanced management ideas and excellent business performance. This is the first year that the award has been introduced to China following its inception in Canada in 1993.
Shortlisted companies are evaluated based on a global framework of “Best Managed” criteria, comprising the four key tenets of management excellence – Strategy, Operational Excellence, Leadership and Employees’ Commitment to Corporate Excellence, as well as Financial Strength.
Guo Hongxin, Executive Chairman of Sunpower, said, “It is a great honour for us to receive this prestigious award from Deloitte and join the ranks of companies that are setting the highest standards in management practices in a competitive market like China. This is a strong endorsement of Sunpower’s leading position in the environmental protection space, and stands as a testament to the strength of our management team. The recognition by Deloitte reaffirms our efforts and will spur us on to achieve even greater excellence in business management.”
“Over the last 22 years, we have worked tirelessly to establish ourselves as a leading provider of environmental protection solutions. We are heartened that our latest performance is supportive of the GI strategy. Our position now is the result of proven strategic planning and execution, in seizing the right opportunities with foresight, specifically, having identified an advantageous business model for GI projects that can deliver long-term, recurring high-quality income and cash flows. We owe this success to the winning combination of our management team and strategic investors DCP Capital and CDH Investments, who invested US$180 million to support Sunpower.”
“However, this is only the beginning. We will remain focused on continuously realizing the enormous potential of GI, which we believe will drive sustainable growth for Sunpower and also fulfill our social mission to alleviate smog and return blue skies to China.”