(October 28, 2016 – Shenzhen) Realord Group Holdings Limited (“Realord” or the “Company,” together with its subsidiaries collectively known as the “Group,” stock code: 1196.HK) held an investor presentation titled “Linking Shenzhen-Hong Kong Stock Connect” on last Friday through this critical moment for the forthcoming Shenzhen-Hong Kong Stock Connect. Hosted by Dr. Lin Xiaohui, Realord’s Chairman, Lin Xiaodong, Executive Director and Chan Ying Kay, Chief Financial Officer and Company Secretary, the presentation attracted over 30 institutional investors, fund managers and media from Hong Kong and Mainland China to participate.
(From left) Chan Ying Kay, Chief Financial Officer&Company Secretary, Dr. Lin Xiaohui, Chairman, Lin Xiaodong, Executive Director
“Linking Shenzhen-Hong Kong Stock Connect” investor presentation was successfully held at Futian Shangri-La, Shenzhen at 4:15pm on 28th October. Dr. Bryan Lin shared the Realord's latest business and plans for the future development. He pointed out that the group has been actively expanding to the diversified and fast growing businesses this year to prepare for the launch of Shenzhen-Hong Kong Stock Connect. For instance, in May 2016, the Company announced to establish a joint venture securities company Yuegang Securities Company Limited, which helps broaden the Company’s financial service business. Besides, in September 2016, the Company announced that the Group will complete an acquisition of Guangxi Wuzhou City Tong Bao Renewable Materials Limited which is beneficial for the company to carry out the environmental protection business.
Dr. Bryan Lin, Xiaohui, Chairman of Realord Group, said: “We will grasp the opportunity of the launch of Shenzhen-Hong Kong Stock Connect by focusing on strengthening our financial businesses first, and then we will expand to the new environmental protection business sector.”
On the other hand, the Company issued an announcement on October 25, Tuesday. The Company and Guangdong Huaxing Bank Shenzhen Branch (“the Bank”) entered into a Strategic Cooperation Framework Agreement. According to the Strategic Cooperation Framework Agreement, the Company and the Bank agreed to establish a long-term and stable cooperation relationship for a period of three years. The total size of cooperation under the Strategic Cooperation Framework Agreement shall be RMB5 billion.
Dr. Bryan Lin, Xiaohui, said: “This strategic cooperation enables both parties to complement the strengths and resources of each other, which is beneficial for us to explore into different quality financing alternatives to facilitate the Group’s future business development.” He also believes that the cooperation can provide enough cash liquidity for the Company. Meanwhile, positioned as a conglomerate, Realord can also be supported by the cooperation in respect of enabling a more flourishing development of each business sector and the enhancement of revenue base.
Dr. Lin Xiaohui, Realord’s Chairman, introduced the Company’s latest business development to the participants
“Linking Shenzhen-Hong Kong Stock Connect” investor presentation attracted approximately 30 institutional investors, fund managers and media from Hong Kong and mainland China to join.