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.