PAX Global Technology Limited (“PAX” or the “Company”, together with its subsidiaries collectively known as the “Group”, HKSE stock code: 00327.HK), one of the world’s leading electronic payment terminal solutions providers, is pleased to announce the Company has been awarded the “Most Valuable Small & Mid-Cap Company” in the Golden Hong Kong Stocks Awards 2018, out of nearly 1000 listed companies.
The “Golden Hong Kong Awards Ceremony 2018” held in Shenzhen, was co-organized by ZhiTong CaiJing and Hithink RoyalFlush Information and supported by Xueqiu.com and the Chinese Securities Association of Hong Kong. The winners were selected by a professional panel of economists, renowned brokerages and experienced investors on a fair and open basis. The awards are evaluated and judged based on corporate performance in terms of revenue growth, corporate governance, business model and capital market performance in the past year. “The Most Valuable Small & Mid-Cap Company” aims to commend potential small and mid-cap stocks with sustainable business layout, promising outlook and vast growth potential.
Mr. Jack Lu, CEO of PAX, said, “As one of the world’s leading electronic payment terminal solutions providers, PAX's innovative solutions are deployed to over 100 countries and regions globally. PAX is honored to be awarded as the “Most Valuable Small & Mid-Cap Company” in recognition of our value within capital markets. Looking ahead, we will continue to maintain open communication with shareholders and investors. The Group will continue to focus on product innovation and capture opportunities arising from the electronic payments industry around the world, creating greater value for the stakeholders.”
Calvin Pei from PAX (centre) holding the award