HONG KONG, Nov. 13, 2018 /PRNewswire/ -- China Telecom Corporation Limited ("China Telecom" or "the Company"; HKEx: 00728; NYSE: CHA) is pleased to announce that the print and online versions of its 2017 Annual Report "Co-Building Our Smart Future" has won 19 gold accolades in global competitions, achieving remarkable performance this year. In addition, the Company stood out from global competitors and set a new record by winning the Grand Award on cover design in 2018 International ARC Awards.
The cover design of China Telecom's 2017 Annual Report is inspired by the concept of "Ecosystem-Tetris". In the intelligent service era, companies need to fully utilize external resources and leverage external capabilities to consolidate their own resource and competence to form competitive edges. Through strategic cooperation, all parties can work together to form an ecosystem to cater for customers' demand and create new value, eventually achieving win-win.
The 2018 International ARC Awards, also branded as the "Academy Awards of Annual Reports" by financial media, is the world's largest and independent international competition honoring excellence in annual reports and corporate communications. The Awards are globally recognized, providing a platform for the highest standards in the annual report industry. China Telecom's 2017 Annual Report won 12 gold awards, and was the only telecommunications company that has been granted the Grand Award in this most participated event of the year.
In addition, China Telecom won 7 gold awards in LACP 2017 Vision Awards, organized by League of American Communications Professionals LLC (LACP). More than 1,000 entries were received from a score of countries worldwide in this year's competition.
The above prestigious accolades won by China Telecom's 2017 Annual Report reflect the global market's recognition of China Telecom's excellent and globally leading performance on corporate governance and disclosure, on both conventional and digital channels. Meanwhile, it also demonstrates that through the theme of "Co-Building Our Smart Future", China Telecom effectively delivered the messages about its operation strategies in the 2017 Annual Report.