Press Release
Sincere Chairman and CEO present prizes to Miss Hong Kong 2021 Pageant Winners
(September 16, 2021, Hong Kong) Sponsored by the Sincere Co., Ltd. (hereinafter referred to as "Since", stock code: 244.HK), Television Broadcasts Limited ("TVB")'s "Miss Hong Kong 2021" Pageant was broadcasted on September 12. An award ceremony hosted by Sincere was held in Sincere Tsuen Wan Shop. Realord Group Holdings Limited (hereinafter referred to as "Realord Group", stock code: 1196.HK) and Sincere Chairman Dr. Bryan Lin Xiaohui, and Realord & Sincere CEO, Ms. Suki Su Jiaohua presented prizes to the four "Miss Hong Kong 2021" Pageant winners.
Realord & Sincere Chairman Dr. Lin Xiaohui said: "This year is a special year. Sincerely continues to break through, particularly being a sponsor of TVB's "Miss Hong Kong". "Miss Hong Kong" pageant positions a prestigious reputation. Similar as "Miss Hong Kong", Sincere insists on selecting the best consumer goods, making breakthroughs, and being innovative. Both of two brands are quite compatible. We have been pleased by how well and successful Sincere and TVB have worked together."
Realord Group was elected as the Third Term of Vice President Unit of Shenzhen Futian District Charity Community
On 10th September, 2021, the third member meeting of Shenzhen Futian District Charity Community and the Futian District Charity Award Ceremonny were held in Futian Hall. Futian District Party Secretary Huang Wei, Futian District Party Committee Deputy Secretary and Acting District Mayor Zhou Jiang Tao, Chairman of the District CPPCC Li Shengwei, Deputy Director of the Civil Affairs Bureau Wu Yuanxiang, Member of the Standing Committee of the District Committee and Director of the District Government Office Lan Tao, Deputy Director of the Standing Committee of the District People's Congress and Chairman of the District Federation of Trade Union Zhang Hairong, and Deputy District Chief Meng Man attended the event. Witnessed by the Futian District Party Secretary and Deputy Secretary and other leaders, Realord Group was elected as the third term of Vice President Unit of Shenzhen Futian District Charity Community.
Realord Group has always adhered to the philanthropic virtues of giving back to the society, and insists shouldering its social responsibility. Realord Group & Chairman Dr. Bryan Lin Xiaohui have always been keen on charity and have donated more than 100 million hong kong dollars to society such as helping disadvantaged groups and the people in need.
Realord Environmental Protection receives "Eco-partner & EcoPioneer - BOCHK Corporate Environmental Leadership Awards 2020"
On 3th September 2021, Realord Environmental Protection Industrial Company Limited, a member of Realord Group Holdings Limited (SEHK stock code: 1196) was awarded as an "EcoParter" & "EcoPioneer" from "BOCHK Corporate Environmental Leadership Awards 2020".
Co-hosted by The Federation of Hong Kong Industries (FHKI) and Bank of China (Hong kong) (BOCHK), the "2020 BOCHK Corporate Environmental Leadership Awards" was held that aims to encourage and promote environmental practices among the manufacturing and the services enterprises in Hong Kong and the Pan Pearl River Delta region to shoulder corporate social responsibility and create a green community.
Realord Environmental Protection Industry Company Limited, which is mainly engaged in the waste recyling, dismantling and sales of processing waste materials (such as copper, aluminum and plastics), operates in Osaka, Japan and Wuzhou, Guangxi Province of the PRC. The Company contributed the revenue of approximately HK$256 million to the Group in the first half of 2021.
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.”
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.
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.
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
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.
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