On December 26, 2011, Shandong Enterprises Credit Evaluation Work Committee and Shandong Enterprises Federation jointly announced 2011 Shandong AAA Credit Enterprises and Hiking Group was assessed as AAA Credit Enterprise.
This evaluation was jointed organized by Shandong Enterprises Credit Evaluation Work Committee and Shandong Enterprises Federation in accordance with “Accountable Shandong” requirement of the CPC Shandong Committee and Shandong Provincial Government. Shandong Enterprises Credit Evaluation Work Committee was composed of personnel from over 20 provincial government departments and the committee is fair and authoritative. And the evaluation is comprehensive covering economic capacity, business operation status, financial credit, legal taxpaying and abiding by contracts and the highest ranking is AAA class. In May 2011, Hiking Group submitted application to the evaluation and the committee gave a favorable comment after studying the credit status of the group from four aspects i.e. business credit, quality credit, finance credit and implementation of the corporate social responsibility.
The winners of this honor will be given priority to be introduced in the international publicity events of the Ministry of Commerce of China and at the same time, the honor is a previous intangible asset of the group and provide a benchmark in the future international trade negotiation, e-commerce cooperation, engineering bidding and loan application. Zhang Jianhua, chairman of Hiking Group, stresses that “We may have nothing but credit” in the “12 points of Insight & Experiences of Developments”. This evaluation is a recognition of the accountability business philosophy of Hiking, which will strengthen the creditability of Hiking in the industry and lay a good foundation for the long term operation of Hiking Group.