SEGL was honorably granted an award of “Excellence in ICM’ Award” by Intellectual Property Department, Hong Kong SAR Government in a move to recognize the company’s effort to join the Intellectual Capital Management (ICM) Consultancy Program in 2009 and to complete a written IC report. Apart from assuring the efforts of the participating companies, this ceremony was also held to unveil the next phrase of free consultation, which will set to commence in March this year.

The Awards Presentation Ceremony was held on 2nd March 2010 at HKCEC, Hong Kong and Mr. Daniel Lin, CFO of Schmidt Electronics Group received the certificate from Mr. Gregory So, the Under Secretary of Commerce and Economic Development. The ceremony was well attended by some 100 people from supporting organizations, reporters, bankers, NGOs and Government officials.

ICM aims to help organizations realize and re-discover their underlying intangible capital, also known as knowledge assets, which is critical to the company but rarely reflected on annual auditing or accounting statements. Examples include employee’s expertise, corporate culture, brand equity, customer relationships and information security, etc. IC reporting gives corporate a more systematic approach to identify and evaluate those knowledge assets on a regular basis.