Aon and FORTUNE China announce 2019 China’s Top Boards of Directors

SHANGHAI (20 August 2019)Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement, and health solutions, and FORTUNE China, the global business news leader, have named the top 50 boards of directors in China for 2019. The report delivers new insights into the best practices for boards around corporate governance.
Now in its second year, Aon and FORTUNE China’s Top Boards of Directors ranking sees 28 companies from last year’s Top 50 making the list alongside 22 new companies.
The slowdown in global economic growth, Sino-US trade tensions, and geopolitical instability created a complex external environment that posed greater risks to Chinese enterprises, especially the global ones.
The new firm will also continue to work with Aon Reinsurance Solutions teams in London and Singapore to provide clients access to all forms of global reinsurance capital.
More enterprises have also begun to introduce foreign directors in order to strengthen the board’s ability to cope with global risks. Compared with last year, top 50 boards with foreign directors have increased by 2 percent.
In addition, companies in the top 50 are more willing to invest in innovation. Eight companies on the ranking were also named on a ‘Most Influential Innovative Companies in China’ list last year.
Peter Zhang, CEO of Aon Consulting, China, said, ”To deal with a challenging economic environment, the board of directors must make sure that their organisations have the ability to recognise and respond to evolving risks proactively, thereby reducing volatility and improving performance. In addition, they should provide strategic direction, set stretch-goals for executives, and ensure that their people strategies are well positioned to support growth in a globalised business landscape.”
2019 China’s Top 50 Board of Directors (in no particular order)
Company Industry
Tencent Holdings Ltd Internet
Country Garden Holdings Co. Ltd Real Estate
Sunny Optical Technology (Group) Company Limited Machinery & Equipment
Hangzhou Hikvision Digital Technology Co.,Ltd. Electronics
Logan Property Holdings Company Limited Real Estate
Logan Property Holdings Company Limited Real Estate
China International Travel Service Corporation Limited Tourism & Hotel
TAL Education Group Electronics
Geely Automobile Holdings Limited Auto Parts
Shenzhou International Group Holdings Ltd. Textile & Garment
Dali Foods Group Company Limited Food & Beverage
China Evergrande Group Real-estate
Ping An Insurance (Group) Company of China, Ltd. Insurance
Ronshine China Holdings Limited Real Estate
China State Construction Engineering Corporation Limited Infrastructure
Wanhua Chemical Group Co.,Ltd. Chemical
China Gas Holdings Ltd. Energy
Longfor Group Holdings Limited Real Estate
Alibaba Group Holding Ltd Internet
ANTA Sports Products Limited Textile & Garment
Industrial and Commercial Bank of China Limited Banking
Shaanxi Coal Industry Company Limited Coal Mining
China Aoyuan Group Limited Real Estate
Jiangsu Yanghe Brewery Joint-Stock Co., Ltd. Food & Beverage
Hunan Valin Steel Co., Ltd. Metal
Guangdong Haid Group Co.,Limited Agriculture
Bank of Ningbo Co.,Ltd Real Estate
China Aoyuan Group Limited Banking
Luxi Chemical Group Co.,Ltd. Chemical
China Shenhua Energy Company Limited Coal Mining
China Merchants Bank Co., Ltd. Real Estate
China Aoyuan Group Limited Banking
Baoshan Iron & Steel Co.,Ltd. Metal
China Oriental Group Co. Ltd. Metal
Zhejiang Dahua Technology Co., Ltd. Electronics
Times China Holdings Limited Real Estate
China Enterprise Company Limited Real Estate
ENN Energy Holdings Limited Energy
Fangda Special Steel Technology Co.,Ltd Metal
Foshan Haitian Flavouring and Food Company Ltd. Food & Beverage
Liuzhou Iron & Steel Co.,Ltd. Metal
CIFI Holdings (Group) Co. Ltd. Real Estate
Hengli Petrochemical Co.,Ltd. Chemical
ree Electric Appliances,Inc. of Zhuhai Household Appliance
Sunac China Holdings Limited Real Estate
Hengtong Optic-Electric Co.,Ltd Construction Materials
Anhui Conch Cement Company Limited Machinery & Equipment
China Yangtze Power Co., Ltd. Energy
NARI Technology Co., Ltd. Machinery & Equipment
China Railway Signal & Communication Corporation Limited Telecommunication

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