Hong Kong (China), 25 September 2015
PAX Global Technology Limited (HKSE stock code: 00327.HK), one of the world’s leading Electronic Funds Transfer Point-of-Sale Terminal (“E-payment Terminal”) Solutions Services Providers, was awarded the “Best Managed Medium Cap Company” in Hong Kong by 2015 Asiamoney, a leading international financial magazine published by GlobalCapital, a division of the global media group Euromoney Institutional Investor. Mr. Chris Lee, Chief Financial Officer and Joint Company Secretary of PAX also won the “Best Executive” category.
Asiamoney only gives this prestigious award to organizations that have demonstrated excellent performance and execution in terms of product innovation, growing market share, industry leadership, solid financial results, competent management and good corporate governance.
PAX has grown at an average Compound Annual Growth Rate of 47%, in terms of the number of terminals sold over the last 4 years, becoming one of the fastest growing company in the payment industry and the third largest supplier. The number of international channel partners and payment system integrators through whom PAX goes to market has nearly tripled from approximately 30 to nearly 90 companies worldwide.
About PAX (www.pax.com.cn)
PAX Technology is an innovative global provider of electronic payment solutions, offering world-class, cost-effective and superior quality products. Building on its service excellence and proven leadership position, PAX is one of the fastest growing payment industry suppliers with state-of-the-art manufacturing facilities, excellent R&D capabilities and a worldwide network of sales and channel partners. PAX is listed on the Hong Kong stock exchange as PAX Global Technology Ltd. (0327.HK).
Asiamoney is a leading international financial magazine published by GlobalCapital as a division of global media group Euromoney Institutional Investor PLC. It organizes the “Best Managed Companies Awards” and Broker’s Poll etc.. The Annual Summer Awards Dinner was held at the JW Marriot Hotel in Hong Kong on 16 September 2015.