Press Release
Vice Chairman of Shenzhen Municipal CPPCC Chen Qianwen visited Realord Group
On 23 March 2016, Chen Qianwen, Vice Chairman of the Shenzhen Municipal CPPCC & Director of Shenzhen Municipal Audit Bureau and the team of Shenzhen Municipal CPPCC Hong Kong, Macau, Taiwan and Overseas Chinese Affairs Committee visited the headquarters of Realord Group Holdings Limited (HKEx stock code: 1196) and gave guidance to Realord leaders. Chairman of the Group Dr. Lin Xiaohui and Chief Executive Officer Madam Su Jiaohua arranged a meeting with the Shenzhen leaders.
The attendants who were from Shenzhen Municipal CPPCC Hong Kong, Macau, Taiwan and Overseas Chinese Affairs Committee included Director Mr. Pan Jiadong, Deputy Director Mr. Bao Xiaochen, Director of Working Department Mr. Zhao Yanbo, and Officer of Working Department Mr. Huang Jiandong. The secretary of Shenzhen Municipal CPPCC Vice Chairman Ms Xing Ling also attended to this meeting. Besides Dr. Lin and Madam Su, the Group invited Chief Financial Officer & Company Secretary Mr. Tsang Chinpang, Chief Technology Officer Dr. Jiang Kun, and Deputy General Manager of Shenzhen Realord Commerce Holding Limited Ms Liu Zixia to join this meeting.
Dr. Bryan Lin Xiaohui briefly introduced the Group's business development to the Shenzhen leaders. Madam Suki Su Jiaohua on the left hand side.
At the beginning, Dr. Lin warmly welcomed the guests’ arrival and then started to briefly introduce the Group’s business development. He pointed out that the Group currently focuses on four business segments including financial services, auto parts, real estate development, and e-commerce. Especially real estate development, in 2011 the Group began to assist Shenzhen Futian Government to address the shortage of housing supplies, by offering a land and spending capital to launch an indemnificatory housing project “Realord Villas”. Moreover, the Group started to construct a multi-purpose complex “Realord Technology Park” in Shenzhen Guangming New District, to attract high-tech enterprises stationed in there to promote scientific research and economic development. On September 2015, the Group acquired an industrial land situated in Longhua New District, planning to rebuilt after the expiration of the current lease, in response to land re-planning policy adopted by the government.
Mr. Pan Jiadong first spoke that Shenzhen Municipal CPPCC Hong Kong, Macau, Taiwan and Overseas Chinese Affairs Committee is concerned about Realord Group’s development so much. The Group made such great contribution in Shenzhen and Hong Kong, in particular shouldering social responsibility subsidizing the University of Hong Kong-Shenzhen Hospital to promote medical development between Shenzhen and Hong Kong, that really made him impressed. Moreover, he believed that the dynamic development of four major business segments would definitely lead the Group to be “bigger and stronger”.
Madam Chen Qianwen admired the Group’s brilliant achievements and understood that the operators surely had paid tremendous efforts behind the scenes. She hoped Dr. Lin and Madam Su could share more their excellent business management in the future.
On February 2016, the Shenzhen Municipal Government plans to build around 400,000 units of affordable housing within the coming five years. Chen has been in charge of a study tracking the three-year development of all the affordable housing projects in Shenzhen since last year, so she was particularly concerned about the enterprises who are involved in the housing projects. Being one the bridges of communication between government and enterprises, Chen suggested the involved companies who encounter any difficulties during process be flat-out to state their needs as Shenzhen Government is willing to listen and will immediately impose appropriate assistance if necessary. Last but not least, Chen kindly wished Realord Group’s business be better than ever.
Madam Chen Qianwen, Vice Chairman of the Shenzhen municipal CPPCC & director of Shenzhen Municipal Audit Bureau gave guidance to Realord Group
Mr. Pan Jiadong, Director of Shenzhen Municipal CPPCC Hong Kong, Macao, Taiwan and Overseas Chinese Affairs Committee gave guidance to Realord Group
Led by Dr. Bryan Lin and Madam Suki Su, the Shenzhen leaders took a tour on the headquarters of Realord Group
Realord Group Chairman Lin Xiaohui suggested his proposal to the Shenzhen leaders on CPPCC Forum
The Second Meeting of the Sixth Committee of the Chinese People Consultative Conference (also known as CPPCC) in Shenzhen Guangdong held in Shenzhen Hall in the morning of 29th January, 2016. The symposium about the theme named "Win-win cooperation among Shenzhen, Hong Kong & Macau under 'thirteenth-five' (the thirteenth of the five-year plan in China)" was held in the afternoon. The committee members actively shared their proposals and made suggestions in the forum meanwhile the Shenzhen leaders listened and participated in this discussion.
The symposium began at 16:45 and last 90 minutes, which was hosted by Chen Qianwen, the Shenzhen municipal CPPCC Vice Chairman & the director of Shenzhen Municipal Audit Bureau. The Committee Members, the representative of liaising with Hong Kong and Macau, eagerly shared their opinions and made the discussion heat. The Shenzhen leaders including Ma Xingrui, the Deputy Secretary of Guangdong Province & the Communist Party Secretary of Shenzhen; Xu Qin, the Mayor of Shenzhen; and Dai Beifong, the Chairman of Shenzhen CPPCC attended to this forum.
Dr. Lin Xiaohui, the National Committee members of CPPCC in Shenzhen and Standing Committee Member of National Committee of CPPCC in Futian District, also known as the Chairman of Realord Group Holdings Limited (HKEx stock code: 1196) shared his proposal named "Further enhancing the standards of health care and education in Shenzhen by inputting resources from Hong Kong & Macau" to the leaders and other committee members.
Dr. Lin expressed that cooperation and exchanges among Shenzhen, Hong Kong and Macau have showed successes when it comes to cultural exchange and urban development, however, the development of health care and education is still lagging behind which needs bigger improvement and further cooperation
In the aspect of education, notwithstanding that there are numerous vocational schools in Shenzhen which can basically meet the demands for general services and urban development, there are few universities in Shenzhen, namely Shenzhen University and South University of Science and Technology of China. It seems to be an unmatched phenomenon that an insufficient number of universities on such an international metropolis. Thus, Lin suggested the Shenzhen Government to input more educational resources from Hong Kong and Macau as well as their teaching philosophy, education system. Cooperative Education among three places could be launched. Moreover, scientific researches and academics exchanges should be promoted so as to strengthen the connection and communication of the students and teachers among Shenzhen, Hong Kong and Macau.
As for health care development, the Shenzhen Government is recommended to introduce more advanced equipment and comprehensive system from Hong Kong and Macau to optimize the treatment process, to attract more medical experts and professionals from different places to Shenzhen. Under some emergency situations, the critically ill patients could be transported from the Shenzhen hospital to Hong Kong or Macau to have further treatment. In addition, Lin proposed the use of "Internet+" on the development of online medical system so as to integrate the doctors’ resources, providing the other way of online medical consultation to the public.
Lin concluded education and health care development are of utmost importance for Shenzhen municipal government. To raise the standard of medical and education, there is no need to adopt from the countries or cities which are far away from Shenzhen. Instead, the government should highlight the enhancement of cooperation with our neighbors like Hong Kong and Macau, not only solving the needs of society in Shenzhen, but also providing various employment and opportunities for the professionals and experts in Hong Kong and Macau.
Realord Group was awarded as one of "The Most Innovative Listed Companies"
Realord Group Holdings Limited (HKEx stock code: 1196) announced to be awarded as one of "the Most Innovative Listed Companies" from China Securities Golden Bauhinia Awards.’ Held by Ta Kung Pao, The Listed Companies Association of Beijing, The Hong Kong Chinese Enterprises Association, Chinese Financial Association of Hong Kong, Chinese Securities Association of Hong Kong, The Hong Kong Institute of Chartered Secretaries and Hong Kong Securities Professionals Association, "the China Securities Golden Bauhinia Awards" started at the afternoon in Grand Hyatt Hong Kong on 13th November 2015. Dr. Lin Xiaohui, the chairman of Realord Group Holdings Limited received the trophy of "the Most Innovative Listed Companies" in person at the venue, while Madam Su Jiaohua, Chief Executive Officer of the Group and Mr. Lin Xaiodong, Executive Director accompanied him to attend the ceremony.
Known as one of the most authoritative, scalable event and the most credible evaluation of listed companies, "China Securities Golden Bauhinia Award", jointly organized by the Ta Kung Pao and Hong Kong and the professional bodies, has been held to the fifth session so far. 16 awards were won by around 100 well-known listed companies in Hong Kong this year. The review group is formed by a number of professional securities institutions with strict impartial review process. Assessment criteria, apart from according to the comprehensive data on listed companies and governance experience, the review group also considered other indicators like companies’self-recommendation and Testimonials sent by the industry. It is believed that this award helps enhance the reputation of the Hong Kong listed companies.
"Thank you Ta Kung Pao, the Review Committee and the relevant units for recognizing and praising to the Group. On behalf of all the staff and the Group, I sincerely would like to express our gratitude here. Our success relies on our unity and the supports from our customers and shareholders. Realord Group always upholds the core value of 'innovative development and pursuit of excellence', we will continue to strive to do our best in our business", said Dr. Lin
It has approved the Realord Group’s innovation that has got industry’s attention and appreciation. Since being officially listed for merely a year on the main board of the Hong Kong Stock Exchange, the Group is committed to expanding by any opportunities, injecting new businesses such as auto parts distribution, securities investment, e-commerce, financial leasing and property investment, etc. Moreover, the Group selected one of Top Four Accounting firms – Ernst & Young as auditor, in order to maintain the transparency of company’s financial condition. Also, the Group executives dedicated to support on philanthropy, promoting corporate social responsibility. For example, Lin Xiaohui and Su Jiaohua donated 1million Hong Kong dollars to The University of Hong Kong-Shenzhen Hospital last year, and Dr. Lin donated 10million Hong Kong dollars to the University of Hong Kong in January this year.
Madam Li Jie, Shenzhen Municipal Committee and her team visited Realord Group's Hong Kong headquarters
Shenzhen Municipal Committee, Municipal Committee United Front Work Department Minister Madam Lin Jie and her team visited the headquarter of Realord Group Holdings Limited (HKEx stock code: 1196) and gave guidances to the Group. Madam Lin fully affirmed the Group’s business achievements, in particularly fulfilling corporate and social responsibility to help Shenzhen Municipal Government to solve the housing problem, and to promote the medical development among Shenzhen and Hong Kong.
At 13:30 on the 9th of November 2015, the Group chairman Dr. Lin Xiaohui and the chief executive officer Madam Su Jiaohua meeted Shenzhen Municipal Committee, Municipal Committee United Front Work Department Minister Madam Li Jie, Vice Minister Mr. Yin Xiao Man, Shenzhen Municipal Committee United Front Work Department, Hong Kong Liaison Office Director Huang Guoguang, Deputy Director Xin Jiankun, and Secretary of Municipal Committee United Front Work Department Minister Madam Zhang Yali. The Group excutives led all the guests to the Group’s headquarter which is located on the 24th floor of Jardine House, Connaught Place in Central.
Entering into the conference room, the Group first arranged a meeting with the guests. On behalf of the group, the attendants included the chairman Dr. Lin Xiaohui, Chief Executive Officer Madam Su Jiaohua, Executive Director Mr. Lin Xiaodong, Chief Financial Officer and Company Secretary Mr. Tsang Chinpang and Chief Technology Officer Dr. Jiang Kun.
Realord Group Holdings Limited and Shenzhen Realord Technology Holdings Limited were founded by Dr. Lin Xiaohui and Madam Su Jiaohua in Jan 2005. The Group initially manufactured the consumer electronics with its own brand. Just setting up for a year, the revenue of the Group reached 103 million yuan, and later the average yearly annual sales income were over 500 million yuan on the three years after 2008. The Group attaches importance to the product quality so much that it has been highly recognized by the Chinese government, having grown to be “Shenzhen High-tech Enterprise” and “National High-tech Enterprise” accordingly. 'Realord UU mobile phone' became the only one designated mobile phone and licensed merchandise in 2011 Summer Universiade held in Shenzhen. In 2013, Realord Technology was ranked as the 12th of "China's Top 500 Foreign Trade Private Enterprises Ranked by Import and Export Value in 2012", with the total of 18 billion US dollars in import and export volume, that highlighted the Group's leading position in the market.
Realord Group upholds the entrepreneurship “innovative development and pursuit of excellence”, and takes innovations and challenges. The Group resolutely involved in property development, launching the indemnificatory housing project “Realord Villas” , and “Realord Technology Park”. Moreover, in Feb 2014, the Group acquired Cheong Ming Investment Limited and Legarleon Securities Limited, being listed on the main board of Stock Exchange in Hong Kong by its company name “Realord Group Holdings Limited ” since 17 September 2014.
Dr. Lin explained that the current businesses of the Group focus on financial services (such as securities, credit finance, and financial leasing), property development, sales of auto parts and E-commerce. Lin continued to introduced the contribution and significance of the charity made by the group. For example, in Feb 2014, Lin Xiaohui & Su Jiaohua donated HK $ 1 million to the University of Hong Kong-Shenzhen Hospital (HKU-SZ Hospital) to establish an academic research fund for exchanges of Hong Kong and China. In Jan 2015, Lin Xiaohui donated $10 million Hong Kong Dollars in his own personal capacity to Department of Paediatrics and Adolescent Medicine, University of Hong Kong, setting up ‘Bryan Lin Professorship in Pediatric Cardiology’ to support the research held by the pediatric cardiologist Professor Cheung Yiu Fai and his team. On the 26th Jan 2015, 'Realord Charitable Foundation Limited', a Hong Kong non-profit making organization has been established for raising donations, operating knowledge exchange related activities to help vulnerable groups in society and promoting education, culture, arts and science in China and Hong Kong.
Lin Jie expressed her admiration on the Group’s development and achievements. She also praised the board directors that they were so young and promising, being able to do “from being small to large and from being weak to strong”, starting to run their business from trading to developing high technology, and now becoming a listed company in Hong Kong. Such development and process weren’t easy and simple. The Group’s diversification and its cross-border businesses that fully demonstrates there is still much room and potential for development. Plus, the Group shoulders the social responsibility to assist Shenzhen government to solve the housing problem by contributing lands for indemnificatory housing constructions and also to promote charity, especially the medical development among Hong Kong & Shenzhen. Those actions were very commendable and beneficial to both places.
Lin Jie lastly hoped Shenzhen and Hong Kong could learn and help with each other, and wished Realord Group’s businesses keep booming in future
