(May 11, 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 meeting with management of Greater Bay Area Industry Finance Investment Co. Ltd (“Bay Area Industry Finance” or “BAIF”) in discussion for future potential co-operation in Leasing & Financing and Property Development Business in Guangdong-Hong Kong-Macao Greater Bay Area.

Dr. Bryan Lin, Xiaohui, Chairman of Realord Group met Bay Area Industry Finance’s Senior Vice President, Mr. Calvin Choi and Wu Haifeng, Associate President, Wang Xiaoxing, Investment Director, Mei Xuan and Board Office Deputy General Manager Dai Yibo. Both parties had detailed discussion of Leasing & Financing and Property Development Business. Through co-operation and mutual assistance in term of resources, a close bonding of co-operation is expected to be built.

Bay Area Industry Finance has showed interest in Realord’s property development and city renewal projects, especially last year the applications had been submitted to the government for changing land use of three owned industrial properties in Guanlan Longhua District to construct residential buildings in response to the Shenzhen Municipal’s City Renewal Plan, and believed that those projects might fit for the theme of “Bay Area City Development”, one of BAIF’s five business strategies, being potential for investment and cooperation, as well as benefiting urban development in the Greater Bay Area.

In addition, Bay Area Industry Finance currently plans to establish a joint venture of financing & leasing with registered capital RMB 1 billion in Nansha, Guangzhou, inviting Realord Group, a company incorporated overseas, to acquire 25% of the shares. It is believed that commencing financing & leasing business in Nansha is beneficial to the financial services of Guangdong-Hong Kong-Macao Greater Bay Area.

Manureen Financial Holdings Limited, a non-listed private company owned by Dr. Bryan Lin, Xiaohui, Chairman of Realord Group, has acquired Bay Area Industry Finance for the consideration of RMB 600 million. As a shareholder of Bay Area Industry Finance, Dr. Bryan Lin expresses “Realord Group plans property development and financial business in the Greater Bay Area. With the help of the vast advantage and resources of Bay Area Industry Finance, the Group will acquire multi-dimensional planning in the Greater Bay Area, facilitating infrastructure construction and financial investment in the Guangdong-Hong Kong-Macao Greater Bay Area and bring greater return for our shareholders. “

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About Greater Bay Area Industry Finance Investment Co. Ltd

To assist the strategical planning of Guangdong-Hong Kong-Macao Greater Bay Area and respond to the summon for establishing the Greater Bay Area in 19th National Congress of the Communist Party of China, fulfilling the request of the Central Economic Work Conference in facilitating virtuous cycle in finance and macro economy, Greater Bay Area Industry Finance Investment Co. Ltd (“Bay Area Industry Finance”) is 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. The registered capital of the company is RMB 40 billion, 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.