Delta Electronics CEO Yancey Hai honored with CBLA 2010 "China Business Leader of the Year Award"

FIRST BUSINESS LEADER OF A TAIWAN-BASED COMPANY TO RECEIVE THE AWARD
(PresseBox) (Teningen, ) Co-hosted by CNBC Asia Pacific and CBN (China Business Network), the China Business Leaders Awards 2010 (CBLA 2010) ceremony took place in Shanghai, China, on October 20th. Yancey Hai, Vice Chairman and CEO, Delta Electronics, Inc., received the CBLA’s top honor, the China Business Leader of the Year Award, for outstanding performance in business management, technology innovation, corporate social responsibility and environmental education. Mr. Hai became the first business leader of a Taiwan-based company to receive this prestigious award.

“Delta Electronics has operated our business in China for nearly 20 years, expanding from the Zhujiang Delta and Yangtse Delta areas to the cities of the interior. We established R&D centers in many areas to recruit R&D talent from colleges and to strengthen our industrial competitiveness, while incorporating corporate social responsibility into our business strategy,” said Mr. Hai.

Mr. Hai also heads the Delta Electronics Foundation, the company’s non-profit organization focused on environmental education issues. “Confronting the global warming crisis, Delta is dedicated even more than before to innovative R&D, high-efficiency green and energy-saving solutions, and education in energy conservation. We are striving to fulfill Delta’s corporate mission: To provide innovative, clean and efficient energy solutions for a better tomorrow”. The company’s clear mission of becoming the leading energy-saving solution provider is passionately endorsed by Mr. Hai, who sells the vision and conveys opportunities to reach these goals to all employees of Delta Group.

The judging process for the China Business Leaders Awards is led by the world renowned University of Chicago’s Booth School of Business. The judging committee evaluates nominated business leaders based on a combination of criteria including financial performance, leadership, creativity and innovation, and social responsibility, with an emphasis on the candidates’ demonstrated business leadership in creating short-term advantages, long-term value and competitive advantages.

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