Realord Technology Company Limited

Press Release

2026-08-28

Realord Technology Announces 2026 Interim Results: Revenue of Approximately HK$278 Million; Strategic Upgrade to Advance Mobile Gaming and Digital Technology (Hong Kong, 28 August 2026 ) Realord Technology Company Limited (Stock Code: 1196; the “Group” or the “Company”) today announced its unaudited interim results for the six months ended 30 June 2026 (the “Period”). Financial highlights: Gross profit up 18.4%; Revenue remains solid During the Period, the Group recorded revenue of approximately HK$278 million, representing an increase compared with the corresponding period last year. Gross profit rose by 18.4% year on year to approximately HK$76.8 million. The growth was mainly attributable to the contribution of the Group’s core businesses, including Property, Financial Services, Environmental Protection, and Latin America and the Caribbean; and the Environmental Protection Segment was benefited from the increase in copper price during the Period. Strategic upgrade: Rebrands as Realord Technology; Positioning in mobile game and digital technology To better align with its future development direction, the Company was officially renamed Realord Technology Company Limited in June 2026. The change of name represents an important strategic upgrade for the Group. On 6 February 2026, the Group entered into a non-legally binding memorandum of understanding with Mr. Ko in relation to the proposed development of a mobile game distribution and operation business. Through the contemplated strategic cooperation, the Group plans to deepen its presence in China’s mobile game publishing and operations market, which offers significant growth potential, and to add a new growth driver to its business portfolio. Property Segment: Focusing on core assets to steadily unlock potential value The Group remains focused on property investment, development and commercial operation in Shenzhen. Benefiting from a higher occupancy rate at the serviced apartments of Sincere Mall and increased rental income from the units of Excellence Times Square in Futian, Shenzhen, rental income of the Property Segment rose by 14.1% year on year to approximately HK$19.3 million during the Period. Progress of the key projects is as follows: Sincere Mall at Realord Villas in Longhua District comprises retail shops and business apartment building. The shopping mall currently has 29 retail tenants. Certain floors of the business apartment building are leased as service apartments, of which five floors recorded an occupancy rate of 97% during the Period; “Realord Lanyue Meicheng Homeland” (the Qiankeng Project in Longhua District), with a construction scale of approximately 166,000 square metres, is about to be fully topped out and it is expected to obtain a pre-sale permit in the fourth quarter of 2026; Realord Technology Park in Guangming District with the construction scale of approximately 110,000 square metres (including underground garage), Phase I of the project has been leased to a hotel operator for a term from 2024 to 2033, providing the Group with stable rental income. The Group and the relevant government authorities have not yet reached consensus on the construction scheme and the supplemental agreement in respect of the development plan approved in August 2021. Accordingly, Phase II development will commence only after these matters have been completed; Regarding the Laiying Garden urban renewal project in Nanshan District, the Group obtained the land use permit in July 2023 and commenced earthworks and foundation works in April 2024, after that the Group had to overcome building-height constraints arising from aviation restrictions. Construction was fully resumed in Decemember 2025 following confirmation of acceptance by the Shenzhen Safety Supervision and Administration Bureau of Civil Aviation of China (CAAC Shenzhen Safety Supervision Administration) in October 2025. In June 2026, the Group paid the land premium in full and obtained the land use right and the construction permit for pile foundation from the relevant government authorities. Pile foundation works, as well as foundation pit support and earthworks, are expected to be completed within the year; In respect of the Zhangkengjing Property, the Group is in discussion with the relevant government authorities on its urban renewal application. The site is currently for industrial use and, subject to approval, is intended to be converted into residential apartments and commercial use. Financial Services Segment: Segment profit increased to around HK$27.4 million The Financial Services Segment, including corporate finance advisory, asset management, securities brokerage services, money lending and margin financing, recorded revenue of approximately HK$37.5 million during the Period. Through improved asset quality and streamlined operating costs, segment profit increased substantially to approximately HK$27.4 million. The Group will continue to provide diversified, high-quality financial services to clients and expects the segment to maintain steady development in the second half of 2026. Environmental Protection Segment: Recorded revenue of approximately HK$212 million, contributing 76.5% of the Group’s total revenue The Environmental Protection Segment is engaged in the recycling, trading and sales of scrap materials. Leveraging its customer network in Mainland China and four leased sites in Osaka, Japan, with a total area of approximately 19,609 square metres, the Environmental Protection Segment recorded revenue of approximately HK$212 million and segment profit of approximately HK$3.7 million during the Period, contributing approximately 76.5% of the Group’s overall revenue. Going forward, the Group will further strengthen the segment’s competitiveness through technology upgrades, expansion of its customer base in Japan and Mainland China, and continued prudent cost control. Latin America and the Caribbean Segment: Growth driven by the Citizenship Investment Programme The principal business of LAC Segment was provision of citizenship application and consultancy services on citizenship by investment programme (“CBI Programme”) and development of the Grenada Project, which involves the development of a mixed property project consisting of educational facilities, apartments for students, hotel and resort facilities, etc. The Group’s presence in Latin America and the Caribbean continued to gain traction. Benefiting from an increase in the number of approvals under Grenada’s Citizenship by Investment programme (“CBI Programme”), the segment recorded revenue of approximately HK$7.6 million during the Period, representing a year-on-year increase of approximately 105%. As at 30 June 2026, the master plan of the Grenada Project is subject to the approval from the relevant government authorities. In the middle of June 2026, the Group and the relevant government authorities reached a consensus to mainly develop the hotel and resort facilities of the project, which the project will be implemented in phases. The first phase of the hotel project and construction will commence once the construction plan is approved by the relevant government authorities. The Group is actively exploring investment opportunities in Latin America and the Caribbean by combining property investment and development with citizenship-related programmes, serving global high-net-worth investors to meet their needs in identity planning and asset allocation. Outlook Amid a complex and rapidly evolving global economic environment, Realord Technology will continue to pursue a prudent yet flexible operating approach. The Group will consolidate its established strengths in property, financial services, environmental protection and overseas businesses, while accelerating its positioning in digital technology areas such as mobile gaming, with a view to driving sustainable growth through a diversified strategy and creating long-term value for shareholders.

2026-07-02

Hong Kong CPPCC National Committee Member Bryan Lin: Coordinate the Greater Bay Area Industrial Chain to Accelerate the Transformation of Achievements and Drive the Continuous Enhancement of New Quality Productive Forces Hong Kong’s First Five-Year Development Plan underway; local sectors look forward to new development opportunities. The preparation of Hong Kong’s first five-year development plan is progressing in an orderly manner. Various sectors in Hong Kong have stated that they will seize the strategic opportunities of national development, better leverage Hong Kong’s unique advantages of “being backed by the motherland and connected to the world,” and achieve greater development by integrating into the overall national development agenda. This year, Hong Kong is compiling its first local five-year development plan and has launched public consultation. The Chief Executive of the Hong Kong Special Administrative Region, John Lee Ka-chiu, said that this is the first time Hong Kong has formulated a five-year plan, which holds great significance. The five-year plan aims to proactively align with the national 15th Five-Year Plan, with the goals of developing the economy, improving people’s livelihoods, and serving the overall national development. We must consolidate and strengthen Hong Kong’s established status as an international financial, shipping, and trading centre, build our emerging innovation and technology centre, fully utilise Hong Kong’s strengths, and make it a highland for talent attraction. Hong Kong sectors believe that the national 15th Five-Year Plan places scientific and technological innovation in a more prominent position, bringing new opportunities for Hong Kong to develop as an international innovation and technology centre. Dr. Lin Xiaohui, a Hong Kong member of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC) and Chairman of Realord Group (1196.HK) and The Sincere Company (0244.HK), stated that we will further leverage our advantages in basic scientific research, internationalised talent, and the rule of law environment. We will deeply align with national frontier science and technology projects, coordinate with the Greater Bay Area industrial chain to accelerate the transformation of achievements, and drive the rapid enhancement of new quality productive forces. Your browser does not support HTML video.

2026-07-01

Bryan Lin, Hong Kong CPPCC National Committee Member and Chairman of Realord Group (1196.HK) and Sincere (0244.HK), Appointed as Justice of the Peace Hong Kong SAR Government Announces Appointment of 65 Justices of the Peace; Dr. Lin Xiaohui, Hong Kong CPPCC National Committee Member and Chairman of Realord Group and The Sincere Company, appointed as Non-official Justice of the Peace. The Hong Kong SAR Government today (1 July) published in the Gazette the appointment list of Justices of the Peace, comprising a total of 65 individuals. Among them, Dr. Lin Xiaohui, a Hong Kong member of the 14th National Committee of the Chinese People’s Political Consultative Conference (CPPCC) and Chairman of Realord Group Holdings Limited (1196.HK) and Sincere (0244.HK), has been appointed as a non-official Justice of the Peace. Dr. Lin Xiaohui is a member of the 14th National Committee of the CPPCC and Chairman of Realord Group and Sincere. He concurrently holds numerous public and community positions, including: member of the Sixth Term Election Committee of the Hong Kong Special Administrative Region, Standing Committee member of the Shenzhen Municipal Committee of the CPPCC, Vice Chairman of the Shenzhen Federation of Industry and Commerce, Chairman of the Futian District Federation of Industry and Commerce, Chief President of the Hong Kong Shenzhen Community Association, Chairman of the Hong Kong Environmental Practitioners Association, Vice Chairman of the Greater Bay Area Common Home Youth Charity Fund, Honorary President of the University of Hong Kong Foundation, Honorary President of the Kowloon Residents’ Association, Advisor of Our Hong Kong Foundation, and Chairman of the Lin Xiaohui Foundation. The primary duties of Justices of the Peace include visiting correctional institutions, detention centres, and other facilities to ensure their effective management and that no individual is treated unfairly or deprived of their rights. Justices of the Peace also ensure that complaints lodged by individuals are handled in a fair and transparent manner. The Hong Kong Special Administrative Region’s Honours and Awards System announces the honours list annually on 1 July, with the presentation ceremony held in October. The system aims to recognise individuals who have made outstanding contributions to Hong Kong or achieved excellence in their respective fields. The honours list is normally published in the Hong Kong Government Gazette. Bryan Lin has consistently upheld a firm political stance and clearly supports “one country, two systems” and “patriots administering Hong Kong”. He supports the National Security Law and the improvement of the electoral system, and has taken concrete actions to support the Hong Kong SAR Government and the Chief Executive in administering Hong Kong in accordance with the law. He has always been at the forefront, speaking up on behalf of grassroots organisations and contributing to Hong Kong’s long-term stability and harmonious development. As a successful entrepreneur, Bryan Lin founded Realord Technology in 2005. Under his leadership, the company grew from electronics trading into a diversified Hong Kong-listed conglomerate with businesses spanning Latin America and the Caribbean, financial services, property investment, environmental protection, and automotive parts. In 2021, he successfully acquired Sincere, actively participating in the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the integration into the national innovation system, thereby driving high-quality corporate development. Bryan Lin is deeply committed to social and public affairs as well as charitable causes in both Hong Kong and mainland China. Through the Lin Xiaohui Foundation and various donations, he has provided strong support for medical research at the Li Ka Shing Faculty of Medicine of the University of Hong Kong, youth development programmes, and other charitable initiatives. He also leads the Hong Kong Environmental Practitioners Association in organising charitable activities and promotes economic, social, and cultural exchanges between Hong Kong and mainland China, contributing to the shared development of Hong Kong and the nation.

2026-06-26

Hong Kong CPPCC National Committee Member and Chairman of Realord Group (1196.HK) and Sincere (0244.HK) Bryan Lin, Accepts Interview with China Media Group to Discuss Making Innovative Technology the Core Engine for Hong Kong’s High-Quality Economic Hong Kong is about to celebrate the 29th anniversary of its return to the motherland. Recently, Bryan Lin, Xiaohui, a Hong Kong member of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC) and Chairman of Realord Group (1196.HK) and The Sincere Company (0244.HK), shared his views in an interview with China Media Group. He expressed his hope that innovative technology will become the core engine driving Hong Kong’s high-quality economic development. “At this significant moment marking the 29th anniversary of Hong Kong’s return to the motherland, the national 15th Five-Year Plan positions technological self-reliance and self-strengthening as the core development strategy. Today, under the framework of ‘one country, two systems,’ Hong Kong, as an international innovation and technology center, is fully integrating into the national innovation system. As Hong Kong’s five-year plan is soon to be unveiled, we will further leverage our advantages in basic scientific research, international talent, and the rule of law environment.” Your browser does not support HTML video.

2026-03-31

Realord Group Announces Strategic Transformation: Plans to Rename as “Realord Technology” and Enter the Mobile Gaming Sector FY2025 Revenue Increases 29.9% to HK$556 Million; Environmental Protection Business Revenue Surges 84% (31 March 2026 – Hong Kong) Realord Group Holdings Limited (the “Company”, together with its subsidiaries, the “Group”, stock code: 1196) announced its audited annual results for the year ended 31 December 2025. At the same time, the Group announced its proposal to rename the Company as “Realord Technology Company Limited” (偉祿科技股份有限公司). This marks the official launch of the Group’s strategic transformation, with active deployment into the mobile gaming and technology sectors to develop new growth engines. During the period, the Group recorded a total revenue of approximately HK$556 million, and gross profit was HK$133 million. The principal activities of the Group during the year included the Property Segment, the Financial Services Segment, the Environmental Protection (EP) Segment, the Motor Vehicle Parts (MVP) Segment, the Latin American and Caribbean (LAC) Segment, and the Others Segment. Strategic Transformation: the Group renames as “Realord Technology” and deploys a layout into Mobile Game Publishing and Operation Business In recent years, the Company has continued to integrate and streamline its businesses and resources while actively exploring new opportunities. The mobile gaming market has shown strong growth momentum and possesses considerable long-term development prospects. On 6 February 2026, the Company entered into a non-legally binding Memorandum of Understanding with Mr. Jeffrey Lyndon Ko regarding the proposed strategic cooperation for the development of mobile game publishing and operation business. Through this strategic cooperation, the Group will be able to expand into the mobile gaming sector in Mainland China, opening up a new business growth point for the Group. To align the Company’s direction of future business development, the Board proposes to change the English name of the Company from “Realord Group Holdings Limited” to “Realord Technology Company Limited”, and to adopt the Chinese Name of “偉祿科技股份有限公司”as the secondary name of the Company in place of the existing name of “偉祿集團控股有限公司” (the “Proposed Change of Company Name”). The Board considers that the new English and Chinese names of the Company can provide the Company with a new corporate image and identity, which will enable the Group to better identify itself and capture potential business opportunities for its future development. Property Segment: Steady Progress in Property Development: Longhua Qiankeng Project Nears Topping Out Property investment, development, and commercial operations remain the Group’s core development strategy. During the period, the Group held five property projects in Shenzhen, including three investment properties (Realord Villas and Zhangkengjing Property in Longhua District, and Realord Technology Park in Guangming District) and two development projects (Laiying Garden in Nanshan District and Qiankeng Property in Longhua District). The revenue of Property Segment was mainly derived from the rental income of the Group’s investment properties. The Group generated rental income of HK$34.8 million in FY2025 (FY2024: HK$42.5 million). Decrease in rental income was mainly generated from the decrease in number of tenants of Sincere Mall, the shopping mall inside Realord Villas. Up to the date of report, the number of tenants of Sincere Mall was 29 including children’s amusement park, education training centres, coffee shops, restaurants, fitness studios and billiard room. The Realord Technology Park project, with total construction area of approximately 110,000 square meters, is planned to be developed in two phases. In 2024, the Group signed a lease agreement with a hotel operator for Phase I of the project. The development of Phase II will be initiated after obtaining the necessary approvals from the government. Qiankeng Property, also known as “偉祿藍悅美成家園" in Longhua District, Shenzhen, the construction scale was approximately 166,000 square meters and the redevelopment works were processing. Up to the date of report, the redevelopment works on main structure engineering were processing, which one commercial residential house building had been topped out and two affordable housing buildings closed to be topped out. For Zhangkengjing Property, the application of change of land use from industrial use to residential apartments and commercial use was still under review as at the reporting date. For Laiying Garden, the Group obtained the land use permit from relevant government authority in July 2023 and obtained the construction permit on earthwork and foundation construction in March 2024 and the redevelopment works on foundation and earthwork construction were still being processed up to the date of report. Financial Services Segment: Maintaining Stable Profitability The revenue of Financial Services Segment was HK$88.5 million in FY2025, representing a decrease of HK$43.9 million as compared to HK$132.4 million in FY2024. Decrease in revenue was due to decrease in interest income from money lending business and margin financing business and decrease in income from financial services since there was no financial services income generated from share placement and underwriting projects during the year. Financial Services Segment recorded a segment profit of HK$40.8 million in FY2025 and continued to generate stable profits for the Group. Environmental Protection Segment: Revenue Surges Significantly to HK$421.6 Million The Environmental Protection Segment delivered a strong performance, with revenue reaching HK$421.6 million in FY2025, representing a significant year-on-year increase of 84.0%, primarily driven by the Group's successful expansion of its customer network in Mainland China. Realord EP Japan holds approximately 19,609 square meters (4 　pieces) of leased land in Osaka, providing a solid foundation for business development. Going forward, the EP Segment will continue to seek new sources of metal scrap and develop new customer bases in Mainland China and Japan. Latin America and Caribbean Segment: Actively Expanding Regional Operations and Exploring Investment Opportunities The principal business of LAC Segment was provision of citizenship application and consultancy services on citizenship by investment programme (“CBI Programme”) and development of the Grenada Project. The revenue of LAC Segment was HK$7.2 million in FY2025 (HK$20.0 million in FY2024). Decrease in revenue was mainly due to decrease in number of applications granted by the Minister of Grenada. The Grenada Project involved the development of a mixed property project consisting educational facilities, apartments for student, hotel and resort facilities, commercial development and shopping facilities and in a longer plan university establishment(s) and related amenities. The Group has been granted "Approval Project Status" by the Government of Grenada, allowing it to develop projects using foreign investor funding in accordance with local laws. Through the CBI Programme, the LAC Segment is authorised to raise capital from project investors for construction and development costs. Qualified investors of the real properties will be granted permanent Grenadian citizenship and a passport offering visa-free travel including the United Kingdom, EU Schengen countries and the Mainland China. The Project marks a significant flag of our Group into the Caribbean region. The Grenada Project marks an important milestone for the Group's entry into Caribbean and Latin American region and enabled it to expand its scale of overseas operation. By inviting foreign investment under the CBI Programme of Grenada, the Group had embarked on the Grenada Project and established a professional management and marketing team with offices in Beijing, Shenzhen and Hong Kong, and engaged consultants in the United States to comprehensively promote the CBI Programme. The Group is keen to leverage its experience in the Grenada Project to explore further investment opportunities around the Caribbean economic zone and Latin American region. It is the corporate strategy of the Group to invest and/or to form joint ventures with local governments in the Caribbean economic zone to set up and develop new businesses taking advantage of raising capital from foreign investors through the CBI Programme of different countries. The Caribbean region has long been popular with the Western countries such as Europe, the United States of America and Canada, and is an ideal place for vacations. In particular, Antigua and Barbuda, and Saint Kitts and Nevis are closer to the United States of America, and both countries have direct flights to Europe, the United States of America and Canada. It is the Group’s strategy to seek for professional investors to jointly invest in the projects in the Caribbean economic zone and Latin American region. Further, the Group is identifying capable and competent business partners with significant track record to participate in the projects. Subject to the planning and the feasibility studies of the projects as well as the requisite approval by the respective local government, it is expected that the Group would kick off the projects in near future. Outlook Despite the global economic and business environment remaining full of challenges, the Group will take strategic transformation as an opportunity and continue to adhere to prudent operations alongside innovative development. In terms of new businesses, the Group will actively advance the strategic cooperation in mobile game publishing and operation, seizing the enormous growth potential of the Chinese mobile gaming market to inject technological genes and new momentum into the Group. When it comes to the existing businesses, the Group will continue to push forward the progress of its five major property projects in Shenzhen, especially key projects such as Qiankeng Property and Laiying Garden. The financial services segment will continue to provide high-quality services to clients in the international capital markets. The environmental protection segment will further expand its customer networks in Mainland China and Japan, consolidating its position as the Group’s major revenue contributor. The Group will adopt a cautious yet flexible approach, actively manage operating costs, and optimise business strategies to effectively respond to market changes, with the commitment to creating maximum value for shareholders.

2026-03-09

CCTV News | Bryan Lin: It has brought important development opportunities for Hong Kong and the entire Guangdong-Hong Kong-Macao Greater Bay Area This year marks the opening year of the “15th Five-Year Plan.” Hong Kong members of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC) attending the National Two Sessions enthusiastically discussed the draft outline of the “15th Five-Year Plan.” They stated that the draft outline provides a detailed elaboration of policy measures to promote the long-term prosperity and stability of Hong Kong and Macao, and clearly charts the direction for Hong Kong and Macao to leverage their unique strengths in the nation’s overall development over the next five years. Focusing on the convergence point of “what the country needs and what Hong Kong and Macao excel at,” and more proactively aligning with national development strategies, the Hong Kong CPPCC members actively offered suggestions and proposals. National CPPCC member Bryan Lin Xiaohui noted that developing new quality productive forces and accelerating innovation in areas such as artificial intelligence have created important development opportunities for Hong Kong and the Guangdong-Hong Kong-Macao Greater Bay Area. These efforts will not only support the country’s drive for scientific and technological self-reliance and self-strengthening, but will also enable Hong Kong to optimize and upgrade its own economic structure while integrating more deeply into the nation’s development landscape. Your browser does not support HTML video.

2026-03-06

CCTV-4 | Bryan Lin: The "15th Five-Year Plan" is a Key Five Years for Hong Kong to Shift from Passively Receiving Policy Dividends to Actively Aligning with National Needs In the lead-up to the Two Sessions, members of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) from the Hong Kong Special Administrative Region focused on the draft outline of the 15th Five-Year Plan. They proposed systematic suggestions around Hong Kong's kinetic energy leap in the overall national development landscape, shifting from passively receiving policy dividends to actively serving national strategies. By leveraging Shenzhen-Hong Kong connectivity to help small and medium-sized enterprises expand overseas, export cultural brands, and drive innovation in the global financial sector, this aims to reshape Hong Kong's core value as an international hub. CPPCC National Committee member Lin Xiaohui stated that the 15th Five-Year Plan represents a critical five years for Hong Kong to transition from passively receiving policy dividends to actively aligning with national needs, presenting both an opportunity window and transformation pressures for Hong Kong. "Hong Kong possesses an internationalized research environment and professional service advantages, but if it cannot form a closed loop with the Greater Bay Area's vast application scenarios, manufacturing capabilities, and market space, these advantages will be difficult to convert into industrial competitiveness. Promoting Shenzhen-Hong Kong to take the lead in soft connectivity areas such as digital cross-border operations, talent mobility, and mutual recognition of standards will have significance far beyond single-industry growth." Your browser does not support HTML video.

2026-02-04

Deputy District Mayor of Nanshan District Government Cai Danhong visits Realord Group On February 3, 2026, Cai Danhong, a member of the Leading Party Group and Deputy District Mayor of Nanshan District Government, Shenzhen visited Realord Group and The Sincere Company Limited. Dr. Bryan Lin Xiaohui, National Committee Member of the Chinese People's Political Consultative Conference (CPPCC), Standing Committee Member of the Shenzhen Municipal CPPCC, and Chairman of Realord Group and The Sincere Company, along with Li Tianfu, Deputy General Manager of Realord Property (Shenzhen) Co., Ltd., received guests and arranged a meeting. During the meeting, Deputy District Mayor of Nanshan District Government, Shenzhen Cai Danhong attentively listened to the business introduction of Realord Group. As a main board listed company (stock code: 1196) on Hong Kong Stock Exchange, the Group's businesses include financial services, property investment, environmental protection industry, and multiple fields in Latin America and the Caribbean region. The Sincere Company Limited (stock code: 244), also owned by Dr. Bryan Lin, is the "pioneer of the department store industry" in Hong Kong with over 120 years of history, possessing profound accumulation and influence in the retail sector. Dr. Bryan Lin provided detailed information to the leaders on the Group's development plans in the Guangdong-Hong Kong-Macao Greater Bay Area, particularly highlighting the progress of several urban renewal projects in Shenzhen, and expressed hope for continued guidance and support from the Nanshan District Government. Cai affirmed the Group's business layout and contributions in the Greater Bay Area, and focused on introducing the latest investment attraction policies in Nanshan District and the Qianhai Cooperation Zone: The government is developing the "Qianhai Internationalized Hong Kong-style Street District" in Qianhai Trading Plaza, which includes the establishment of the "1 Yuan Start-up Street" offering a three-year "1 Yuan rent" preferential policy specifically designed to attract high-quality traditional Hong Kong brands and time-honored enterprises to settle in. This policy aims to further deepen Hong Kong-Shenzhen integration, preserve Hong Kong's distinctive culture, and help more classic Hong Kong enterprises find new development opportunities in the Greater Bay Area. The policy is highly practical, directly reducing costs for Hong Kong enterprises and providing favorable landing conditions, demonstrating the government's genuine support for Hong Kong-Shenzhen cooperation. Dr Bryan Lin expressed his strong agreement with this policy and great appreciation for the invitation and support from the Nanshan District Government. He noted that since its founding, Sincere has adhered to the principles of "integrity as the foundation and service first," earning consistent trust from consumers. After Realord Group's acquisition of Sincere, the brand has been continuously revitalized with new vitality—for example, in October 2022, the Sincere Shopping Center officially opened in Realord Yayuan, Longhua District, Shenzhen, successfully bringing the Hong Kong "Sincere" brand into the mainland and becoming an important project for the Group's Hong Kong-Shenzhen linkage. The launch of the Qianhai "1 Yuan Start-up Street" policy serves as an excellent example of complementary advantages and high-quality joint development between Shenzhen and Hong Kong, offering significant opportunities for Hong Kong-funded enterprises. The Group will actively respond to the government's call, leverage its strengths in finance, property, retail, and other areas, and strive to introduce more high-quality Hong Kong brands to Qianhai, jointly building a well-established "Hong Kong-style" commercial district and contributing to consumption upgrading, cultural integration, and economic development in the Greater Bay Area. Realord Group has consistently upheld the philosophy of "rooted in Hong Kong, deeply cultivated in the Bay Area," and will continue to strengthen ties and cooperation with the Nanshan District Government in the future, aiming for mutual benefit, win-win outcomes, and shared development.