China Securities Journal’s 18th Golden Bull Award (2015) for listed companies was formally announced on 13 July. Among various Golden Bull Award lists, the ranking of the top 100 listed companies is the weightiest. By actively transforming through M&A activities, Nanjing Cenbest ranked second among the 2015 Golden Bull Top 100 Listed Companies. At the same time, Fu Dunxun, the President of Nanjing Cenbest was granted with the title of 2015 Golden Bull Enterprise Leader.

The “Listed Company Golden Bull Award” selection process has been held for many years and the award is one of the most authoritative on China’s capital markets. Among the various Golden Bull Award lists, the list of the top 100 listed companies is the weightiest. Those listed companies are selected based on the selection indices as scale, market capitalization, growth index and shareholder returns of the listed company. Companies that meet the requirements will receive corresponding points, and their weighted average points finally decide the comprehensive ranking. By actively transforming through M&A activities, Nanjing Cenbest ranked second in the comprehensive list, second only to auto conglomerate Gac Motors.

As a quintessential listed company among department stores, Nanjing Cenbest has made bold strides in its transformation over recent years. In 2014, Nanjing Cenbest acquired House of Fraser, the third largest British department store, which also holds a warrant from the British royal family, and introduced its cutting-edge overseas buyers system and house brands. In early 2016, Nanjing Cenbest released its plan to acquire An Kang Tong, Natali, China Cord Blood Corporation and Shandong Umbilical Cord Blood Bank, and optimize its position in the “broad health” industry. After the acquisition, Nanjing Cenbest held 700,000 samples of umbilical cord blood, making Nanjing Cenbest the world’s largest cord blood corporation. Nanjing Cenbest’s move to position its businesses in the “broad health” industry did not stop there. In early July, Nanjing Cenbest announced that it intends to acquire 20% equity of Cordlife Group, a listed cord blood company in Singapore.

Strong listed companies cannot operate well without a favourable external environment and previously acquired advantages, while outstanding leadership is the final component in transforming a company from good to excellent. In addition to the comprehensive list, the Golden Bull judging panel will choose an annual Golden Bull Company Leader from the listed companies on the Golden Bull list based on criteria such as the company’s position in the industry and the relevancy between the development of the company and its leader. Fu Dunxun, President of Nanjing Cenbest and 29 other company leaders were granted with the title of 2015 Golden Bull Enterprise Leader.