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/ China Communications Services Corporation Limited
Corporate Governance Report
The Company is committed to maintaining sound corporate governance standards and procedures to ensure the
completeness, transparency and quality of its information disclosure, and strive to achieve more standardized
operational procedures and effective management, so as to safeguard shareholders’ interests to the greatest extent.
Corporate Governance Practices
As a company incorporated in the PRC and listed on the Stock Exchange, the Company has not only complied with
the relevant provisions of the Listing Rules, but also abided by the PRC Company Law and other applicable laws,
regulations and regulatory requirements of Hong Kong and the PRC as fundamental guidelines for the Company’s
corporate governance.
While strictly complying with relevant laws and regulations, the Group is continually striving to further strengthen its
internal control and risk management procedures and is in the process of enhancing its IT support system for internal
control in order to improve its corporate governance standards and transparency. The Group’s persistent efforts in
fostering sound corporate governance have been recognized by capital market: the Group was once again awarded a
Gold Award in “The Asset Corporate Awards 2011” and recognized as one of “China’s Most Promising Companies
2011” in the telecommunications category by
The Asset
, a respected financial magazine in Asia. Moreover, the
Group was given one of the “Best Investor Relations by a China Company” awards in the “Asian Excellence
Recognition Awards” 2011 by
Corporate Governance Asia
, a respected journal on Corporate Governance in Asia.
For the year ended 31 December 2011, the Company had complied with the code provisions in the Code on
Corporate Governance Practices as set out in Appendix 14 of the Listing Rules (the “Code Provisions”). In addition,
the Company had also adopted certain applicable recommended best practices as set out in Appendix 14 of the
Listing Rules (the “Recommended Best Practices”) in accordance with our actual situation.
The directors of the Company confirm that it is their responsibility to prepare the financial statements of the
Company and its subsidiaries (the “Group”), and to ensure that the financial statements are prepared in accordance
with relevant laws and the accounting standards applicable to the Company. The directors also ensure that the
financial statements of the Company are published promptly.
The responsibility statement of KPMG, our external auditors, regarding its Independent Auditor’s Report on the
financial statements of the Group is set out on page 97 of this annual report.