Realord Group Holdings Limited

Press Release

2021-08-27

Realord Group Announces 2021 Interim Results Total Revenue Increased 45.5% YoY to HK$445.4 million Profitability Improved Continuously FINANCIAL HIGHLIGHTS For the six months ended 30 June 2021: total revenue recorded approximately HK$445.4 million, increased by approximately 45.5% year-on-year. gross profit recorded approximately HK$132.4 million, increased by approximately 52.9% year-on-year. net profit recorded approximately HK$53.1 million, increased by approximately 10.7% year-on-year. profit attributable to owners of the Company recorded approximately HK$47.4 million. (Hong Kong, 27 August 2021) – Realord Group Holdings Limited (the “Company”, together with its subsidiaries, the “Group”, stock code: 1196) announced its unaudited interim results for the six months ended 30 June 2021 (the “1H2021”). In 1H2021, the Group recorded a total revenue of approximately HK$445.4 million, representing an increase of 45.5% as compared to approximately HK$306.1 million for the six months ended 30 June 2020 (the “1H2020”). Net profit achieved approximately HK$53.1 million, which represented an increase of approximately 10.7% as compared to approximately HK$48.0 million for 1H2020. Profit attributable to owners of the Company was approximately HK$47.4 million, and the basic earnings per share was HK3.29 cents. The Group’s remarkable growth was mainly contributed by the Environment Protection Segment, the Motor Vehicle Parts Segment and the Financial Services Segment. During the period under review, the revenue of the Environment Protection Segment increased from HK$171.2 million for 1H2020 to HK$256.7 million. The revenue of the Motor Vehicle Parts Segment increased from HK$55.9 million for 1H2020 to HK$74.5 million. And the Financial Services Segment generated a revenue of approximately HK$66.4 million for 1H2021, which increased by 84.9% as compared to that of approximately HK$35.9 million in 1H2020. The Value of Property Segment Continues to be Released As at 30 June 2021, the Group holds certain investment properties in Shenzhen, including but not limited to that properties located in Nanshan, Longhua and Guangming District. The investment properties are located in administrative districts which has been designated for speedy economic development by the local government. The revenue of the Property Segment was mainly derived from the rental income of the Group’s investment properties. In 1H2021, the Group generated aggregate rental income of approximately HK$5.2 million, and a segment profit of approximately HK$313.9 million, representing an increase of approximately HK$119.6 million or 61.6% as compared to that in 1H2020. The increase was mainly attributable to an increase in net gain on fair value changes of investment properties from approximately HK$445.5 million in 1H2020 to approximately HK$628.7 million in 1H2021. The increase in the value of investment properties was mainly attributable to the gentle growth in the Shenzhen property market of which the Group’s major investment properties are located. The Financial Services Segment Achieved a Steady Growth The Group continuously provide more comprehensive financial services to its customers, such as placing agent and underwriting services as joint book runner of certain initial public offering projects as well as margin financing services. Meanwhile in the secondary market, the Group achieved a significant growth in securities transaction volume, which has led to an obviously year-on-year increase in brokerage fees. During the period under review, the Financial Services Segment has seen a steady growth, the segment recorded a segment profit of approximately HK$12.3 million as compared to approximately HK$3.8 million in 1H2020. The Group obtained a connection channel of trading and clearing for Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect, as well as a license for futures contract trading. Looking ahead into the second half of 2021, the Group will continue to expand its footprint in the Hong Kong primary and secondary markets, and to enhance the variety of investment products and geographical markets in achieving a more comprehensive portfolio in the year to come. Dr. Bryan Lin, Xiaohui, Chairman of Realord Group stated, “As the implementation of COVID-19 vaccination programme continually expanded, the global economy and business performance is expected to be recovered in 2021 although there are still uncertainties to the business sentiments and financial markets worldwide under pandemic. The Group will continue to adopt a prudent approach in achieving steady business development while exploring suitable strategic investment opportunities with an aim to maximise the returns to its Shareholders.”

2021-07-16

Countdown to the opening of Sincere Mall (July 16, 2021, Shenzhen) Since the acquisition of The Sincere Company Limited (SEHK stock code: 0244.HK) has been completed, “Realord Mall”, located in Realord Villas in Luhu sub-district of Longhua District, Shenzhen, is officially renamed as “Sincere Mall” where will be opened on December 19, 2021. A meeting for Countdown to the opening of Sincere Mall was held, staff from Realord Commercial Management (Shenzhen) Company Limited expressed their confidence and determination to achieve missions so as to ensure the opening of shopping mall as scheduled.

2021-07-07

TVB Eric Tsang Chi Wai Visits Sincere Department Stores (July 6, 2021, Hong Kong) Known as a Hong Kong’s famous actor, screenwriter, director, producer, and MC, Deputy General Manager Deputy General Manager (Non-drama, Music Production & Programme) and Special Adviser to the Executive Committee of Hong Kong Television Broadcasting Co., Ltd. (“TVB”, stock code: 0511.HK) Mr. Eric Tsang Chi Wai and Realord Group Holdings Limited (stock code: 1196.HK) and Sincere Company Limited (stock code: 0244.HK) Chairman Dr. Bryan Lin visited Sincere Department Stores in Central and Mong Kok. Dr. Bryan Lin Xiaohui expressed his gratitude to Mr. Tsang and his fellows for the visiting. It is hoped that through this friendly exchange, Realord, Sincere and TVB could in-depth explore cooperation models, effectively utilizing the resource advantages of Realord Group and Sincere in the Guangdong-Hong Kong-Macao Greater Bay Area, as well as the influential advantages of TVB from the media field, being win-win to have better and faster cooperation in both retail and media fields.

2021-07-04

Dr. Lin Xiaohui was invited to attend Hong Kong's "One Hundred Years of Great Efforts: A Large-scale Thematic Exhibition Celebrating the 100th Anniversary of the Founding of the Communist Party of China" (July 3, 2021, Hong Kong) To celebrate the 100th anniversary of the founding of the Communist Party of China (CPC), "One Hundred Years of Great Efforts: A Large-scale Thematic Exhibition to Celebrate the 100th Anniversary of the Founding of the Communist Party of China", organized by the Liaison Office of the Central Committee of the Communist Party of China, the Special Administrative Region Government of Hong Kong (HKSAR), and co-sponsored by the Bauhinia Cultural Group and the National Museum started from 3rd July to 9th July 2021. Member of the Shenzhen Municipal Political Consultative Conference, member of the Standing Committee of the Futian District CPPCC, Vice Chairman of the Shenzhen Federation of Industry and Commerce, Chairman of the Futian District Federation of Industry and Commerce, Chairman of the Hong Kong Taxi Drivers & Operators Association, Realord Group Chairman Dr. Bryan Lin, Member of the Shenzhen Municipal Committee of the Chinese People's Political Consultative Conference, Huang Yifeng, chief director of TDOA, and Huang Dahai, General Secretary of TDOA, were invited to attend the opening ceremony. Realord Group Chairman Dr. Bryan Lin said, In the last hundred years, Hong Kong has integrated its own unique experience into the magnificent and epic journey of the struggle of the Chinese Communist Party. In the next hundred years, Hong Kong will certainly play a bigger, stronger and more prominent role. HKSAR Financial Secretary Paul Chan (left) and Realord Group Chairman Dr. Bryan Lin (right) From left to right:Realord Group Chairman Dr. Bryan Lin, The Secretary for Security, HKSAR Chris Tang, Member of the Shenzhen Municipal Committee of the Chinese People's Political Consultative Conference, Huang Yifeng, chief director of TDOA, and Huang Dahai, General Secretary of TDOA

2021-07-01

CCTV interview: Realord Chairman says Taxi Drivers & Operators Association gives Hong Kong grass-roots taxi drivers heart-warming gifts and blessings (July 1 2021, Hong Kong) To celebrate Communist Party of China (CPC) turn to 100 and the 24th anniversary of Hong Kong’s return to Chinese rule, a ceremony for a charity activity held by Taxi Drivers & Operators Association ("TDOA") was lauched yesterday in which Song Lai, Vice Minister of Youth Work Department, The Hong Kong Central Liaison Office was officiated and Dr. Bryan Lin Xiaohui, Member of the Shenzhen Municipal Committee of the Chinese People’s Political Consultative Conference (CPPCC), Member of the Standing Committee of the CPPCC of Shenzhen Futian District, Vice chairman of the Shenzhen Federation of Industry and Commerce, Chairman of the Futian District Federation of Industry and Commerce, and Chairman of Realord Group. Wong Yifeng, chief director of TDOA, and Wong Dahai, the general secretary of TDOA , attended the event together. To have better against COVID epidemic, a total of 50,000 "anti-COVID epidemic gift packages" were distributed to the TDOA members. Realord Group Chairman Dr. Bryan Lin was interviewed by a CCTV reporter and said that TDOA gives Hong Kong grass-roots taxi drivers heart-warming gifts and blessings, to let Hong Kong citizens feel the care and warmth from the CPC and our country. Your browser does not support HTML video.

2021-06-20

CCTV interview: Realord Chairman says all sectors of Hong Kong must work together bring the COVID-19 epidemic under control On the evening of June 20, "News Room" column "Hong Kong's unemployment rate fell three times in a row" on CCTV13 was reported. Member of the Shenzhen Municipal Committee of the Chinese People’s Political Consultative Conference, Member of the Standing Committee of the Futian District CPPCC, Vice Chairman of the Shenzhen Federation of Industry and Commerce, Chairman of the Shenzhen Futian District Federation of Industry and Commerce, Chairman of Taxi Drivers Association and Chairman of Realord Group Dr. Bryan Lin Xiaohui was interviewed, and said: All sectors from the Hong Kong society must work together to bring the COVID-19 epidemic under control, to create more favorable conditions, and to resume economic and livelihood activities as soon as possible! Your browser does not support HTML video.

[新闻直播间]香港_香港失业率三连降_就业逐步改善_20210621.mp4_snapshot_00.13_[2021.06.21_18.05.10]

2021-05-28

CCTV interview: Dr. Bryan Lin says Improving electoral system passed smoothly and it will be more grounded and representative In the afternoon of May 27th, the Hong Kong Special Administrative Region Legislative Council has passed the "improving electoral system (consolidated amendments) bill 2021" submitted by the Hong Kong SAR Government and given three readings by the Council. Various sectors from the society said that the PRC government has improved Hong Kong's electoral system which will be more constitutional, legal, and reasonable, and further enhances the quality of democracy in Hong Kong, so that the practice of "one country, two systems" will be more stable and far-reaching. Dr. Bryan Lin, Chairman of Realord Group and Chairman of Taxi Drivers Association in Hong Kong, told that since the improving electoral system (consolidated amendments) bill 2021 has been passed, implemented the decisions by the Nation People's Congress conscientiously, it will be more grounded and connected with a wide range of the representativeness as various sectors will have higher participation, strengthening the connection between the grassroots and the government with more broad electorate base, and stronger assurance to achieve the principle of "Patriots ruling Hong Kong", which will be smoother and more effective for the future government administration. Since the return of Hong Kong, the internal friction has been severe and social development has been dragged down. Moreover, the economy has been hit hard by violence and Covid-19 epidemic. It is urgent for the whole society to build a consensus on "striving for the economy and the people's livelihood" to get development back on track. Improving electoral system has maintained the constitutional order of the HKSAR as determined by the Constitution and Hong Kong’s Basic Law, assisted Hong Kong in getting out of the “political quagmire”, and implemented economic and people’s livelihood policies smoothly. Your browser does not support HTML video.

2021-04-27

Realord Group Chairman Dr. Bryan Lin won "Shenzhen May 1st Labor Medal" (April 24, 2021, Hong Kong) Realord Group Holdings Limited ("Realord Group" or "Company", together with its subsidiaries are collectively referred to as "the Group", stock code: 01196.HK) is pleased to announce that Realord Group Chairman Dr. Bryan Lin has won the honor of "Shenzhen May 1st Labor Medal". "The May 1st International Labor Day Commendation Ceremony" is held by Shenzhen Municipal Party Committee and Government to appraise the collectives and individuals who have won the "May 1st Labor Awards" and "Worker Pioneer". The chosen one are mainly for organizations or individuals that have made outstanding contributions in the economic, political, cultural, social, and ecological civilization construction and party building of Shenzhen, as well as in the prevention and the measures in respond to the COVID-19. Zheng Ke, deputy secretary of the Shenzhen Municipal Party Committee, Peng Haibin, deputy director of the Standing Committee of the Municipal People's Congress and Chairman of the Municipal Federation of Trade Unions presided over the meeting. Shenzhen Deputy Mayor Ai Xuefeng and Vice Chairman of the CPPCC Shenzhen Jiang Jianjun attended the meeting. Chairman Dr. Bryan Lin has been leading Realord Group to develop it business with high qualiy, and meanwhile insisting to make contribution to Shenzhen, Hong Kong, and even the PRC. The group actively participates in urban renewal projects on multiple plots of land in Shenzhen, devotes itself to the construction of affordable housing, and at the same time has made numerous donations to charity funds and actively combated the epidemic. Chairman Lin Xiaohui has also participated in patriotic activities for Hong Kong. Chairman Lin Xiaohui said: It is a great honor for me to receive the "Shenzhen May 1st Labor Medal". This is a recognition from Shenzhen Municipal Party Committee and Municipal Government and Shenzhen Federation of Trade Unions to me and Realord Group, and it will also be a higher requirement and expectation. So I will continue to promote and practice the spirit of labor and craftsmanship, continue to forge ahead so as to contribute to Shenzhen's construction of a pilot demonstration zone of socialism with Chinese characteristics and an urban example of a modern and powerful socialist country.