We are pleased to note that the Company's 2012 Annual Report had won Silver Award, "Overall - Presentation: Telecommunications", and the Company's website (www.chinamobileltd.com) had won Bronze Award, "Websites: Corporate Websites", in the 2013 Galaxy Awards.
The Galaxy Awards is organized by Mercomm Inc. that honors excellence in product and service marketing, over 800 entries were received from 18 countries for this year.
China Mobile Limited was included in Financial Times' Global 500 again. On the FT Global 500 2013 which was announced today, the Company ranked the 14th place. In this ranking companies are ranked by market capitalisation. FT had included all companies where the free float - the proportion of shares in market circulation - is at least 15 per cent.
We are pleased to note that the China Mobile brand was included in the Millward Brown and Financial Times' "BRANDZ™ Top 100" for the eighth consecutive year. With a brand value of $55,368 million US dollars, representing a rise of 18% over that of the previous year, the China Mobile corporate brand ranks 10th globally and 1st among all Chinese brands. BRANDZ™ Top 100 has been jointly released by Millward Brown and Financial Times since 2006.
We are pleased to note that China Mobile Limited ranked number 29 as compared to number 31 in the previous year on business magazine Forbes' "Global 2000" 2013. Global 2000 recognizes the world's biggest and most powerful public companies as measured by a composite ranking for sales, profits, assets and market value.
The renowned credit rating agency Moody's Investors Service has affirmed the Aa3 credit rating for the Company and at the same time has changed the outlook on the rating to stable from positive. The rating action follows Moody's decision to change the outlook on the People's Republic of China's rating to stable from positive. Moody's said this rating action is not an indication of any deterioration in the Company's credit fundamentals and the Company's credit profile remains of a very high investment grade standard.