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  Delta Electronics CEO Yancey Hai Honored with CBLA 2010 "China Business Leader of the Year Award"
Taipei, Taiwan, October 27, 2010- 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.

"I'm very pleased to receive the China Business Leader of the Year Award and would like to attribute the honor to the efforts of all of my colleagues in Delta Group. Thank you for the recognition from CBLA and the judging committee. 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.

"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. As we implement this mission, an even greater number of people can share the positive results of environmental protection and energy efficiency," said Hai.

Extending leadership is the theme and judging criteria of the China Business Leaders Awards 2010. According to the event host, there are three meanings for extending leadership. The first interpretation is for the extending of mind and vision, where enterprises become not only leaders of emerging markets, but also active participants in global markets, and future thought leaders, while demonstrating leadership as transnational enterprises. Then there is the extending of business models, where business leaders of the new generation should have well-rounded business concepts, adopting new business models from both China and the West as investment models change globally. The third is the extending of concern for society where business leaders are socially oriented, value corporate social responsibility and care about social issues. The six prestigious awards presented by the CBLA include: the China Business Leader of the Year Award; the Corporate Social Responsibility Award; the China Innovator of the Year Award; the China Talent Management Award; the Public's Choice of CEO of the Year Award; and the CEOs' Choice of the Year Award.

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.

News Source: Corporate Communications
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