Realord Group Holdings Limited

Press Release

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

2018-04-09

Realord Group Exclusively Sponsors Nobel Heores 2018: Dialogue Between Youth and Nobel Laureates On 7th April, exclusively sponsored by Realord Group Holdings Limited, Nobel Heroes 2018: Dialogue Between Youth and Nobel Laureates was held in Hong Kong Convention and Exhibition Centre. Dr. Bryan Lin, Realord Group Chairman was invited to attend the event. The opening ceremony of Nobel Heroes 2018 Two Nobel Prizes Winners and the Chinese Scholars from different regions were invited to this forum, in the hopes of commemorating 40 years of China's reform and opening and exploring the future development in China. The guests also included Mr. Chen Dong, The deputy director of the Central Government Liaison Office in Hong Kong, Mr. Guo Yongliang, Chairman of the Hong Kong Youth Federation, Mr. Nikolaus Turner, the executive director and executive member of the Nobel Prize Laureate Foundation, Professor Aaron Ciechanover, the 2014 Nobel Laureate in Chemistry, Sir Tim Hunt, the 2001 Nobel Prize in Medicine or Physiology, Antony Leung Kam-chung, the former Financial Secretary of the Hong Kong Special Administrative Region, Yao Zuhui, the Deputy Secretary of the National People's Congress of Yaogang District, and Yang Chengwei, the Vice Minister of Youth Work Department of the Central Government Liaison Office. The Guests of Nobel Heroes 2018 Dr. Bryan Lin, Chairman of Realord Group (Left), Mr. Anthony Leung, Kam-chung, the former Financial Secretary of the Hong Kong Special Administrative Region (Middle) and Mr. Chen Dong, The deputy director of the Central Government Liaison Office in Hong Kong Realord Group Chairman Dr. Bryan Lin and CEO Ms Suki Su attended the event dinner Dr. Bryan Lin Xiaohui, Chairman of the Realord Group, expressed: “we are deeply honored to have been invited for attending such a meaningful summit forum. I hope that the sharing of the Nobel Prize Winners could inspire the Hong Kong young people. As Mr. Leung Kam-sung said, the Youth should let their eyes to the world and make contributions on behalf of their own country, and even their own nation."

2018-03-29

2018-02-23

Realord Group's Annual & Spring Dinner 2018 Spring is the time of new beginnings. To thank all the staff for their industriousness and contribution to the Company, Realord Group Holding Limited (“Realord” or the “Company,” together with its subsidiaries collectively known as the “Group,” stock code: 1196.HK) hosted a dinner for them last night. Dr. Bryan Lin, Realord Group Chairman wishes all staff altogether work hard for happiness in a new year. Gallery: http://realord.com.hk/en/news_and_media/gallery/36/

2018-02-15

Realord Chairman Dr. Bryan Lin wishes you a Happy Chinese New Year 2018 Dear Friends, A year of the dog is coming with joyfulness. On behalf of Realord Group, I would like to express my sincere greetings and best wishes to all of our customers, shareholders, partners and friends who always concern us. Wish you good wealth, good health and always be the best in a Chinese new year 2018! Wish Realord Group flourishing and prosperous! Last year was a harvest year for the Group. In March, Realord Group became the eligible securities of Shenzhen-Hong Kong Stock Connect. In June, with attention of Wuzhou Longxi Government, Realord Group signed an agreement with Wuzhou Imported Renewable Resource Processing Park Management Committee to spend 350 million yuan investing in the project of recycled aluminum ingots so as to upgrade and transform the Group’s environmental protection business. In September, the Group recorded HK$216 million revenue of interim results 2017. In December, the Group became one of the MSCI China Small Cap Index Constituent Stocks. “A new era and a new journey.” As the beginning of 2018, Realord Group successfully announced its acquisition of properties including those commercial properties of Realord Villas located in Longhua District, Shenzhen, Realord Science Park and a piece of idle land nearby in Guangming New District, Shezhen that may enrich the Group’s property investment portfolio, meanwhile in responding the policy advocated by the Chinese government, help expand the rental business in housing market. In the future, we will allocate more resources in property investment, environmental protection business, and commercial services. At the same time, we will continue to keep a multi-dimensional approach to run the business segment, actively grasp the chances brought by “Greater Bay Area Development“ and “Guangdong-Guangxi cooperation”, participating in the construction of a “livable and suitable environment“ so as to attract more talents in a greater bay area. Realord Group will pragmatically work at its best, striking for the happiness, contributing to the society, working hard for greater welfares for our staff, creating more substantial returns and value. We should forge ahead, and won't forget our original intention and the mission. We will keep moving forward altogether so as to achieve our "Realord Dream". Best Regards, Bryan Lin Chairman, Realord Group Holdings Limited

2018-01-18

Realord'a Acqusition of Guanlan, Guangming New District and Futian Duty Free Zone Properties for the Consideration of RMB 6.2 Billion (January 18, 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 the Group is planning to acquire all equity and assets of Realord Venture and Manureen Ventures, including the Guanlan Property, the Guangming Property, the Guangming Land and the Staff Housings, for the Share Consideration of RMB 6,219,575,234, payable by way of cash, allocation and issuance of new shares and Tranche Promissory Note respectively. The acquisition will enhance the group properties investment combination and land resources, further consolidating the advantage in property business. The Guanlan Property is a mixed residential and commercial development situated within the Realord Villas in the Guanlan High-Tech Industrial Park of Guanlan, comprising a commercial/apartment building, retail shops and all car parking spaces with a total gross floor area of approximately 51,039 square metre (sqm). The Guangming Property, located in Realord Science Park in Guangming New District, consists of two blocks of office building with 26 storeys and 4 storeys over a basement car park respectively, with a total gross floor area of approximately 53,973 sqm. The Guangming Land is a bare land for industrial use with a site area of approximately 12,599 sqm located in Guangming High-Tech Industrial Park of Guangming New District. The Staff Housings comprise four social housing units of Fu Bao Gui Hua Yuan. The Guanlan Property and the Guangming Property will be used for rental purpose. The Guangming Land will be held as investment assets of the Group as present. The Staff Housings will be maintained the existing use of the Staff Housings With the Total Consideration of RMB6,219,575,234 (equivalent to approximately HK$7,291,892,000), an amount between RMB3,000,000,000 (equivalent to approximately HK$3,517,230,000) and RMB3,600,000,000 (equivalent to approximately HK$4,220,676,000) will be payable by way of cash, the Cash Consideration will be payable first in the form of the Shareholder’s Loan to be provided by the Company to the Target Group for the full settlement of the Target’s Outstanding Debts as at the date of Completion shall there be surplus of the Cash Consideration after full settlement of the Target’s Outstanding Debts, the balance of the Cash Consideration will be payable to the Vendors directly as part payment of the Share Consideration. In addition, RMB1,135,584,657 (equivalent to approximately HK$1,331,371,000) by way of allotment and issuance of 280,998,482 Consideration Shares at the issue price of HK$4.738 per Consideration Share. Besides, an amount between RMB1,383,990,577 (equivalent to approximately HK$1,622,604,000) and RMB1,983,990,577 (equivalent to approximately HK$2,326,050,000) by way of the issue of the First Tranche Promissory Note at Completion and RMB100,000,000 (equivalent to approximately HK$117,241,000) (subject to adjustment) by way of the issue of the Second Tranche Promissory Note within 5 Business Days following the issue of the Completion Accounts. Dr. Bryan Lin, Xiaohui, Chairman of Realord Group expresses “the acquisition consolidates the Group’s assets signifying a milestone of property investment business for the Group in China, aiming at the cutrend of property rental market which may enrich our group’s income sources. We will keep up the great work and strike for the best for our investors and shareholders.”