China Beijing, Nov. 3rd—BlueStar SecuTech Inc. (AIM: BSST), a leading provider of digital video surveillance solutions in China, is pleased to announce that it has been named in The Founder Magazine and H&J Consulting’s Innovation Star 50 list for 2008.
The “Innovation Star 50” list looks at high growth, non state-owned, Chinese companies that listed on either a Chinese or overseas stock exchange between 1 January 2007 to 31 March 2008. The final list of 50 companies is made up of those judged to have been the best performing, fastest growing and most innovative. BlueStar is the only AIM-listed company to be included.
The 50 companies making up the final list are judged on a number of financial and non-financial criteria. The criteria include revenue growth over the previous three years, profit, return on equity, growth potential, competitiveness and overall management. Other companies on this year’s list include the Chinese beverage giant Huiyuan Juice and the world’s leading B2B e-commerce company Alibaba.com.
The Founder Magazine is a Chinese publication which focuses on high growth companies. H&J Consulting is one of China’s largest management consulting companies and undertook the research to determine the final list of 50 companies.
Commenting on the recognition, Xiao Gang, Chief Executive of BlueStar SecuTech said: “To be included in the Innovation Star 50 list is a great accolade. The list is made up of the 50 fastest growing, most innovative, publicly listed companies in China and it is testament to the quality of BlueStar that we have been included alongside some of the leading Companies in China and the World.”
BlueStar SecuTech CEO Xiaogang (third from the left) receiving the “Innovation Star 50” Award