Realord Group Holdings Limited

Press Release

2018-07-20

Dr. Bryan Lin, Xiaohui, Chairman of Realord Group, was awarded the Fellowship of Asian College of Knowledge Management (ACKM) (July 21, 2018 – Hong Kong) Realord Group Holdings Limited (“Realord” or the “Company”, together with its subsidiaries collectively known as the “Group”, stock code: 1196.HK) is pleased to announce that Dr. Bryan Lin, Xiaohui, Chairman of Realord Group, was awarded as Fellowship of Asian College of Knowledge Management (FACKM). ACKM's "Nobel Laureates Honorary Fellowship & Awards Presentation Ceremony 2018" was held on 21st July at the AsiaWorld-Expo in Hong Kong. Dr. Bernard Chan Pak-li, Vice Secretary for Commerce and Economic Development Hong Kong Special Administrative Region Government, Dr. Ko Wing Man, GBS, JP, member of the National Committee of the Chinese People's Political Consultative Conference, Professor Arthur Hamilton, Honorary Dean of the Canadian Chartered Institute of Business Administration, and Professor Richard Olesen, Honorary Supervisor of the University of Lincoln, served as the officiating guests. A total of 88 elites from different industry and 5 companies were awarded. Dr. Bryan Lin, Xiaohui, Chairman of the Group, was awarded as FACKM. Dr. Lin is a Shenzhen and Hong Kong entrepreneur and philanthropist who supports Shenzhen-Hong Kong medical development. He is also a Committee Member of the Shenzhen CPPCC, Standing Committee Member of the Shenzhen Futian District CPPCC, the Honorary President of the HKU Foundation and the Chairman of the Bryan Lin Foundation. Over the years, Dr. Lin has been concerned about the people's livelihood in China and Hong Kong, and is enthusiastic about charities and social construction. In 2012, he cooperated with the Shenzhen Futian District Government by providing a land to construct talents housing project “Realord Villas” to meet the housing needs of the talents in Futian District, Shenzhen. Dr. Lin has donated a total of HK$15 million to the Faculty of Medicine of The University of Hong Kong to support children's cardiology research. In recognition of his outstanding performance and the contribution to charities, Dr. Lin was awarded the “Shenzhen Outstanding Entrepreneur” (2005), “2008's Top 10 Economic Figures in Guangdong Province”(nomination award), “14th World Outstanding Chinese”(2015) and “Asian Chinese Leader” (2016). He also received an Honorary Doctorate Degree of Business Administration issued by Sabi University, France (2015). His achievements have been highly recognized by the society. Dr. Bryan Lin, Chairman of Realord Group Holdings Limited (Right) & Dr. Ko Wing Man, GBS, JP, member of the National Committee of the Chinese People's Political Consultative Conference (Left) Dr. Bryan Lin, Chairman of Realord Group Holdings Limited (Middle), Professor Arthur Hamilton (Right), Honorary Dean of the Canadian Chartered Institute of Business Administration, and Professor Richard Olesen (Left) , Honorary Supervisor of the University of Lincoln Dr. Bryan Lin, Chairman of Realord Group Holdings Limited (Left) & Ms Suki, Su, Chief Executive Officer of Realord Group Holdings Limited (Right) Dr. Bryan Lin, Xiaohui, Chairman of Realord Group expresses: “Thanks to the recognition and support from the Judging Committee of the Asian College of Knowledge Management, I am happy to be conferred such an honor with other scholars and entrepreneurs at the stage. Also, I would like to take this opportunity to thank the colleagues of Realord Group and friends who always support me. Realord Group and I have been attaching great importance in corporate social responsibilities. In the future, I will continue to push myself leading the Group to support various charitable activities, striving to create the greatest value for the society.” - END - About the Asian College of Knowledge Management and the Nobel Laureate Honorary Fellowship Ceremony & Awards Presentation Ceremony ACKM is a comprehensive platform that provides a professional learning, networking, research and collaboration opportunity for government agencies, academic professionals, entrepreneurs and knowledge management in Asia. It is also the first professional institution to develop a series of knowledge management certification standards. The College is committed to nurturing future leaders and promoting communities to build sustainable businesses. Through the election of academicians, it is hoped outstanding individuals with deep social contribution and influence can be recognized, and establish a model for different industries. Nobel Laureate Honorary Fellowship Ceremony & Awards Presentation Ceremony has been held in Hong Kong for three consecutive years, whilst this is the 7th year. The attendees of the ceremony were social leaders and outstanding enterprises from different sectors. More than a thousand celebrities and guests attended. Through this opportunity, it is hoped that the visibility and service quality of Asian products can be enhanced. Thus, enhance the recognition of Asian companies and entrepreneurs from all walks of life, overseas businesses and consumers.

2018-07-02

Celebrating the 21st anniversary of Hong Kong returned to the PRC: The "Dream of Greater Bay Area" sponsored by Realord Group was successfully held (July 1, 2018 - Hong Kong) Realord Group Holdings Limited (“Realord” or the “Company”, together with its subsidiaries collectively known as the “Group”, stock code: 1196.HK) is pleased to announce the "Guangdong, Hong Kong, Macau Youths celebrate the 21st Annversity of Hong Kong Return to PRC Evening Party" was held successfully at the Hong Kong Coliseum organized by Hong Kong Celebrations Committee, Hong Kong Arts Performance Development Centre and Guangdong Youth Federation. Dr. Bryan Lin Xiaohui, chairman of the Realord Group Holdings Limited, as one of the event's sponsors, was invited as a guest to the party. The officiating guests at the party included officials from the Central People's Government Liaison Office in the Hong Kong Special Administrative Region and the Hong Kong Special Administrative Region. The theme of this event was "Hong Kong, Macau, and the Greater Bay Area", that establishs a foothold in Hong Kong and cover the Greater Bay Area of Guangdong, Hong Kong, and Macao, and to promote the exchange of more outstanding cultural and artistic talents among the cities. The significance of this event is passed on to more youth groups, to increase their mutual understandings, to jointly build their homes, to integrate into the overall development of the country’s future, and to create a world-class urban agglomeration. In addition, the evening party invited youths from Guangzhou, Foshan, Zhaoqing, Jiangmen, Zhuhai, Zhongshan, Shenzhen, Dongguan and Huizhou, as well as Hong Kong and Macau SAR’s youth performance teams, with local famous singers having performances at the same stage. Dr. Bryan Lin Xiaohui, chairman of the Realord Group Holdings Limited, said: “We are fortunate on behalf of the Group to participate this celebration. Today is the first anniversary of the official signing of the Guangdong-Hong Kong-Macao Bay Area Cooperation Framework Agreement, and also the 97th anniversary of the founding of the Chinese Communist Party. The development of the Bay Area is now in full swing, and it would bring new opportunities to Greater Bay Area Cities and our company, and we look forward to working together with young people to witness the flourishing prosperity of the Greater Bay Area, and we hope that Greater Bay Area Youths could grasp this opportunity in the Greater Bay Area to find and create their own careers, making the greatest contribution to society and the country."

2018-06-19

Realord Chairman Attends 2018 Sai Kung Dragon Boat Gala Hosted by Sai Kung District Dragon Boat Race Preparation Committee and sponsored by the Sai Kung District Council, “2018 Sai Kung Dragon Boat Gala” was held in Sai Kung Ferry. Dr. Bryan Lin Xiaohui, Chairman of Realord Group Holdings Limited was invited to the gala and the chief executive officer Ms. Suki Su Jiaohua accompanied to attend the activity. The officiating guests included the Secretary for Justice, Hong Kong Special Administrative Region, Ms. Teresa Cheng, the Sai Kung District Council Chairman Dr Ng Sifuk, The Sai Kung District Office Sai Kung District Officer, Mr. Chiu Yinwah, JP, Chairman of the Preparatory Committee for Dragon Boat Races in Sai Kung District, Mr. Lau Wai Kin, Chairman of the Preparatory Committee for the Dragon Boat Race Preparing Committee in Saigon District and Member of the Standing Committee of Shenzhen Municipal Committee Mr. Li Shengpo, Chairman of Sai Kung District Rural Committee Mr. Wong Shuisheng, Chairman of the Hangkou Rural Committee and Deputy Chairman of the Sai Kung District Council Mr. Shing Han Keung, Chairman of Sai Kung District Fight Crime Committee Mr. Chan Kuen Kwan, The Chairman of the Dragon Boat Race Preparing Committee in Sai Kung District and the Prime Minister of Sai Kung Association Mr. Lee Fuk Hong, Chairman of the Preparatory Committee for Dragon Boat Races in Sai Kung District Mr. Cheung Tian Sung, Chairman of Sai Kung District Sports Association, The Chief Consultant of the Dragon Boat Race Preparatory Meeting Preparatory Mr. Mak Hing Kwan, The Chief Consultant of the Dragon Boat Race Preparatory Meeting Preparatory Committee of Sai Kung District, Mr. Sun Qilie, BBS,JP, Member of the Standing Committee of the Shenzhen Municipal Committee of the CPPCC and Director of the Hong Kong, Macao and Taiwan Overseas Chinese Affairs and Foreign Affairs Committee Mr. Pan Jiadong. Dr. Bryan Lin Xiaohui, Chairman of Realord Group, said that he was honor to be invited there to see such exciting Dragon Boats Competition, not only to promote the traditional Chinese culture, but also the team spirit and sportmanship, that is definitely worth supporting. Thanks to the arrangement by the hosts and all the races were succesfully held under a good weather. I look forward to the next year's gala and we wish you all the best in the Duanwu Festival! Female/Male Youths Invitational Dragon Boat Final Race - "Realord Group Cup" Championship Female Youth Dragon Boat Final Race - "Realord Manureen Cup" Championship

2018-06-01

Environmental Protection Business Fulfils FY2017 Target Profit with 30% Exceedance Realord Will Allot and Issue 1.75 Million New Shares (May 31, 2018 - Hong Kong) Realord Group Holdings Limited (“Realord” or the “Company”, together with its subsidiaries collectively known as the “Group”, stock code: 1196.HK) is pleased to announce the Company’s environmental protection business acquired in 2017 had remarkable performance, recording qualified profit of approximately HK$46,179,000, which has achieved and over the Target Profit of HK$35 million stated in the acquisition agreement, with 30% or approximately HK$11 million exceedance. The Company will allot and issue 1.75 million consideration shares to Fortune Victory Asia Corporation (“Vendor”) according to the acquisition agreement. In accordance with the terms of the acquisition agreement, the purchaser and the Vendor agreed that the Company shall as part of the consideration allot and issue 1,750,000 consideration shares to the Vendor or its nominee(s) within 10 business days that the qualified profit of the target group, being the consolidated net profit after tax of the target group after excluding any (i) gain on bargain purchase; and (ii) revaluation gains or losses of properties and the associated deferred tax charged to the statement of profit or loss, for the financial year ended 31 December 2017 was not less than HK$35,000,000. As the qualified profit of environmental protection business recorded HK$46,179,000, fulfilling the qualified profit target, the Company will allot and issue 1,750,000 Consideration Shares to the Vendor on or about 8 June 2018. Environmental protection segment contributed most of the revenue of the Group in 2017, with revenue recorded approximately HK$572 million, accounting for 75% of the total revenue and operation profit approximately HK$52.3 million. In addition, the Group plans to develop a processing plant for recycling and production of copper and aluminum ingots (the “Processing Plant”) in Wuzhou Import Renewable Resources Processing Park located in Wuzhou, Guangxi Province, the PRC, with target annual production capacity of 100,000 tonnes. The Group is planning to acquire land for the construction of the Processing Plant. It is expected that the land acquisition will be completed in mid- 2018 and the construction will commence in the third quarter of 2018. The construction of the Processing Plant will become a driver for a long-term growth of the Group’s business, bringing more revenue for environmental protection business. The Company, as purchaser, acquired 60% of the issued share capital of Realord Environment Protection (previously known as Top Eagle International Trading Limited) in consideration of HK$25 million in cash and 5 million consideration shares (each consideration share equal to HK$7, with total value of HK$35 million), equivalent to a total consideration of HK$60 million. In accordance to the transaction agreement, if Realord Environment Protection fulfills the target profit of HK$15 million by 2017, Vendor will be allotted and issued 750,000 consideration shares; If fulfilling the target profit of HK$35 million by 2018, Vendor will be allotted and issued 1.75 million consideration shares; If fulfilling the target profit of HK$50 million by 2019, Vendor will be allotted and issued 2.5 million consideration shares; If Realord Environment Protection cannot achieve the target profit in the financial year above, Realord will not need to allot and issue relevant consideration shares. Dr. Bryan Lin, Xiaohui, Chairman of Realord Group expresses “The Guangxi Environmetal Protection Business was acquired less than two years that the first and the second expected profit targets have been fulfilled with exeedcance which flourishes the revenue and cash flow of the Group, thus the Board has great confidence on the environmental protection investment prospect and will continue to seek for different investment opportunity to strike for better return for our shareholders.” - End -

2018-05-11

2018-05-08

2018-04-27

Chairman of CPPCC Futian District, Shenzhen Li Shengwei visited Realord Group On 27th April, Li Shengwei, Chairman of CPPCC Futian District, Shenzhen visited Realord Group's Hong Kong headquarter. Realord Group Chairman Dr. Bryan Lin, Xiaohui arranged a meeting for those visitors. The meeting attendees from CPPCC Futian District, Shenzhen included Li Ning, Vice Chairman; Zhu Dongbo, Vice Chairman; Yang Yi, Vice Chairman & Party Member; Li Xiaoyu, Member of the Standing Committee & Office Director; Yang Shuda, Member of Standing Committee & Director of the Proposal Committee; Jiede Cai, Member of Standing Committee & Director of the Social Commission; Wang Yuhua, Member of Standing Committee & Director of Economic Committee; He Bing, Member of Standing committee & Contact Person in Charge; Huang Xingxian, Member of Standing Committee & Deputy Director of Proposal Committee & Chairman of Ying Che Kit Motors Co.; Xu Lili, Member of Standing Committee & Deputy Director of Proposal Committee & Chief Executive Officer of Shenzhen Ludisda Supply Chain Management Co., Ltd; Ma Kui, Committee Member & Deputy Director of Shenzhen Municipal Public Security Bureau of Traffic Police Detachment Division; Zhong Ru Shi, Committee Member & Chairman of Shenzhen Xinhuangnan Technology Co., Ltd; Ye Gouxian, Committee Member & Chairman of Shenzhen Shenpeng Landscaping Co., Ltd; Huang Liexi, the 4th Committee Member & Standing Committee of Returned Overseas Chinese Association & Chairman of Hong Kong Dazhong Enterprise Co. Ltd; Wen Liangsheng, the 3th Committee Member, Managing Director of Hong Kong Dazhong Enterprise Co. Ltd; Li Kai, Deputy Director of Proposal Committee, Meng Chaohung, Director of Office Secretary. On behalf of the Group, Su Jiaohua, CEO, Lin Xiaodong, Executive Director and Chan Chu Kin, CFO & Company Secretary participated in this event. Dr. Bryan Lin, Chairman of Realord Group introduced the company's six major business segments including environmental protection industry, financial services, property investment, vehicle parts, commercial printing & hangtags, and also reported, in detail, the recent very significant acquisition with RMB 6.22 billion, mainly consisting of Realord Villas & Realord Science and Technology Park in Shenzhen. Realord Villas is located in the High-Technology Zone of Huaguan South Road, Guanlan, Shenzhen and known as one of the key projects of the Shenzhen Futian District Enterprise Talents & Affordable Housing Projects during the Shenzhen's "Twelfth Five-Year" plan, one of main "School District Housings" (where households, for their children, are allowed to submit application for admissions of the schools nearby) of Longhua Foreign Languages School. Its total construction area of 230,000 square metres (sqm) includes six residential buildings with total 2016 housing units, one commercial apartment and one 3-storey kindergarten. The sales and distribution arrangement of the housing units are handled by the Housing and Construction Bureau of Futian District, Shenzhen, while the commercial parts of Realord Villas, comprising commercial apartments, retail shops, and parking space, with totally 50,000 sqm approximately are allocated as the assets of Realord Group's listed company. The actual usable area of those commercial parts of Realord Villas is about 110,000 sqm. The shopping mall & street naming as "Realord V City" is now undergoing renovations and for leasing which is expected to commence operation in the fourth quarter in 2018. In response to Shenzhen Municipal Government’s City Renewal Policy, the Group had submitted applications to Shenzhen Longhua District Housing and Construction Bureau in February and May respectively last year to change the land use of the Zhangkengjing industrial property in Guanlan, Longhua District, Shenzhen, the Qiankeng industrial property and the industrial land in Zhangkengjing, of which the development right was granted by Shenzhen Zhangkengjing Joint Stock Company under the memorandum of understanding. According to the applications, the Group will plan to change the use of the Zhangkengjing industrial property and the industrial land in Zhangkengjing into residential and office use, and to change the use of the Qiankeng industrial property into public housing and residential use. It is expected that permission will be granted in 2018, subject to government schedules. If granted with permission, the Group will start the redevelopment works of the relevant project. Realord Science & Technology Park is a commercial office complex located in Guangming High-tech Industrial Park in Guangming New District, Shenzhen, with a total construction area of approximately 50,000 square meters and its actual usable area is approximately 90,000 square meters. The project consists of 26 floors main building and 4 floors side building respectively which is for lease now. Realord Science & Technology Park is in advantageous location, namely Guangmin New District High-tech Industrial Zone where is a base of the Guangzhou-Shenzhen Science and Technology Innovation Corridor, and one of the most important node in the Guangdong, Hong Kong, and Macau Great Bay Area. It is also adjacent to the Guangming New District Political Consultative Conference Office and Shenzhen Metro Line 6 Tourist Station, in hopes of attracting more local and overseas companies to station there. Besides, a bare land for industrial use with approximately 12,599 sqm nearby, has potential for development and the Group does not excluded the possibility of construction a commercial apartment in the future. In addition, Dr. Bryan Lin reported on the attendance of the first Board of Directors and Board of Supervisors meetings of Greater Bay Area Industry Finance Investment Co. Ltd (“Bay Area Industry Finance”) as a shareholder supervisor yesterday. With registered capital of RMB 40 billion, Bay Area Industry Finance has been established under the initiation of Guangdong Federation Of Industry And Commerce and Guangdong General Chamber Of Commerce and financing of high quality listed companies and leading private companies in Hong Kong and China, and with approval from State Administration for Industry and Commerce of the People's Republic of China and registration in Guangzhou. Operation headquarters are set up in Guangdong, Hong Kong and Macau respectively. Bay Area Industry Finance embraces “one core five wings” as development strategy, with connection of industry and finance as core, and Bay Area industry investment, Bay Area city development, Bay Area financial services, Bay Area community development and Bay Area industry finance (foreign) as wings. With the management of a advantaging platform, Bay Area Industry Finance will facilitate resources and advantages mutual benefit between shareholders in financial services, industry upgrade, city development, technology innovation, environmental management, connection of military and civil sectors, development of culture and tourism and health care sectors, motivating high quality development of Guangdong-Hong Kong-Macao Greater Bay Area. Li Shengwei, Chairman of CPPCC Futian District, Shenzhen, expressed his admiration on the Group's achievement, and first expressed thanks to Dr. Bryan Lin, Ms. Suki Su, Jiaohua, Mr. Trevor Lin, Mr. Justin Chen and other senior executives of Realord Group for their hospitality. He also thanked the CPPCC members who accompanied him to visit companies in these three days. The key to an enterprise to become bigger and stronger depends on how the enterprise gives back or makes contribution to the society. Li believed that Realord Group could definitely get that key already. Realord Group has now been growing steadily, and involved in the six business segments with well-balanced management led by the board directors. Li understood that the company's brilliant achievement must have gone through a tough way, and its success is attributed to the board directors' efforts. Last, he wished Realord Group's businesses keep booming in future.

2018-04-26