Realord Group Holdings Limited

Press Release

2023-02-13

Lin Xiaohui: Call for the smooth commuting system to wake "Sleeping City" Longhua up as soon as possible On February 13, "People's Political Consultative Conference’s Network" (https://www.rmzxb.com.cn/), "People's Daily" and other media published a report "Lin Xiaohui: Call for the smooth commuting to wake up "Sleeping City" Longhua district as soon as possible". Introduced to the media at the Shenzhen CPPCC Plenary Session on February 13, Lin believed that although many new passages have been opened in Longhua District in recent years, the increase in passages still lags behind the increase in number of vehicles as well as the population, which seriously restricts the inner circulation of the city and reduces the economic efficiency. It also seriously affects the sense of gain and happiness of the citizens. The traffic bottlenecks need to be solved with great efforts and courage.” After more than 40 years of development in Shenzhen’s urban road construction, although great progress has been made, there are still obvious shortcomings. Among them, the problem of traffic congestion between Futian District, Nanshan District, and Longhua District has become increasingly prominent, which has become a bottleneck restricting the inner circulation of the districts. Longhua District, which is nicknamed “Sleeping City” on the internet. Due to the separation of jobs and residences for a large number of young people, they work in Futian and Nanshan Science and Technology Park during the day and return to live in Longhua at night, causing enormous pressure on the already congested commuting roads. "Several main passages connecting Longhua to Futian continue to be congested in the morning and evening peak hours, lasting for half an hour or even an hour or two hours. The congestion time of individual road sections lasts from 7:00 am to more than 10:00 am, and is listed as the most congested road section in Shenzhen all the year round. Some roads have been selected as one of the most congested road sections in Shenzhen for a long time, which discourage Hong Kong young people who originally thought of Longhua to develop and start a business." Dr. Bryan Lin Xiaohui, CPPCC member and had conducted a full investigation, introduced to the media at the Shenzhen CPPCC Plenary Session on February 13. He believes that although new passages have been opened in Longhua District in recent years, but they still lag behind the increase in population and vehicles, which seriously restricts the inner circulation of the city and reduces the efficiency of economic operation; it also seriously affects the sense of gain and happiness of citizens feel. The traffic bottleneck between the two places needs to be solved with great efforts and courage. How to strengthen the construction of urban road infrastructure to create a livable, resilient and smart city? Lin Xiaohui gave a good prescription: It is recommended to add multiple new passages, to speed up the construction of the Northeast Extension Project of the Qiaocheng, to connect the key areas in the district, and to strengthen the traffic connection between Longhua and the downtown areas. The relevant government departments estimate the travel time of road traffic in the direction of Longhua to the downtown area will be reduced by about 15-20% in the future. Lin called for speeding up the construction of public transportation such as subways, and drawing on the "P+R transfer" (park and ride) method in developed countries such as Britain and the United States to provide drivers with the option of transferring to subways or buses. He suggested that large public parking lots be built near the subway and bus station in Longhua district, so that people can drive to the edge of traffic congestion, park their cars in the parking lot, and then use the subway or bus to travel. The total commuting time is greatly reduced and the commuting experience will be improved. And adjust the planning or increase the density of Longhua subway in the long-term planning.

2023-02-04

Sincere CEO Suki Su was interviewed by CCTV: Welcomes the PRC customers to Sincere The new customs clearance measures in Hong Kong have given local tourism industry hope of recovery, and the retail merchants are ready to welcome the arrival of the tourists from the Mainland China. On February 4, Ms. Suki Su, Chief Executive Officer of the Sincere Company (0244.HK), said in an interview with CCTV: "After the completed customs clearance between Hong Kong and China, I think it is a very important benefit for our economy. It is also a positive interactive relationship recovered, no matter for the two places and for the residents.This kind of emotional exchange is a very urgent in need for us and the residents of the two places.” In addition, she also said that Sincere vouchers have been prepared for the PRC tourists, and they are welcomed to come to Sincere Department Stores. Your browser does not support HTML video.

2023-01-29

Realord & Sincere wish you a good start at the year of the Rabbit (January 29, 2023, Shenzhen) Realord & Sincere wish you a good start at the year of the Rabbit. The lunar fifth day and the seventh day of the new Chinese year are the first working days after CNY holidays in Hong Kong and Mainland China respectively Realord Group and Sincere company chairman Dr. Bryan Lin shuttled between Hong Kong and Shenzhen giving red packets to Realord & Sincere staff.

2023-01-22

Realord Chairman Dr. Bryan Lin wishes you a Happy Chinese New Year 2023 Dear colleagues, shareholders and friends: A tiger rejoices to farewell while a rabbit jumps to welcome the new year. On the occasion of the Chinese New Year of the Rabbit, on behalf of Realord Group (Hong Kong stock code: 01196) and Sincere (Hong Kong stock code: 00244), I would like to express my New Year greetings to you and your family who care about and support Realord Group and Sincere's development , I sincerely wish everyone a happy Chinese New Year and a happy Year of the Rabbit! The year 2022 that has just passed is a year worthy of being remembered by history. This year, the 20th National Congress of the Communist Party of China was successfully held, sounding the clarion call of the times for a new journey, and pointing out the direction of struggle for all of us; and to create a new chapter; this year is also the 18th anniversary of Realord Group since the establishment. In pursuit of dream, we have achieved good results in various businesses. Today, with the resumption of customs clearance in Hong Kong and the Mainland China, society embarks on the road to normalcy, which will surely make our dream-chasing road shine more brightly, and we will have great potential in the new era and new journey, and the scenery is boundless. 2023 will be a year of opportunities and challenges. Let us uphold our original mission, with enthusiasm and hope, and work together to forge ahead! Finally, once again I wish friends from all walks of life good health, happy family, a new year with a new look, and a better new year. Lin Xiaohui,Chairman of Realord Group and Sincere Company January 22, 2023

2023-01-17

Sincere Department Store was awarded as “The Most Popular Department Store” by TVB Weekly (January 17, 2023, Hong Kong) Sincere Department Store (“Sincere”, stock code: 0244), the subsidiary of Realord Group Holdings Limited (the “Company”, together with its subsidiaries, collectively referred to as the “Group”, stock code: 1196) and the first Chinese-owned department store in Hong Kong, is pleased to announce to be awarded as “the Most Popular Department Store” from “TVB Weekly Brand Award” to praise for its ability to grasp market changes, seize new opportunities and turn disadvantages into advantages even in difficult times. “TVB Weekly Brand Award Ceremony” hosted by “TVB Weekly”, the official publication of Television Broadcasts Limited (TVB), was held recently. Ms. Su Jiaohua, CEO of Sincere Department Store received the trophy of “the Most Popular Department Store Brand Award” in person at the venue and said, “Thank you TVB, the Review Committee and the relevant units for recognizing and praising to Sincere. On behalf of all the staff, I sincerely would like to express our gratitude here. Our success relies on our unity and the supports from our customers. Sincere will continue to adhere to our business objective, ‘serving with sincerity,’ and to meet the needs of the customers.” “TVB Weekly Brand Award” aims to praise a number of outstanding brands recognized by the industry. The winners are selected by professional jury and the public, according to their popularity, product acceptability and brand reputation. It has approved that as a leader in the industry, Sincere can still move with times in the rapidly changing market, including strengthening the online store timely. The shop has more than 1,000 products currently, allowing customers to enjoy the shopping experience of online and offline department stores so as to revitalize the brand. With the support of Realord Group, the business and service quality of Sincere have been advanced, including the opening of the first “Sincere Mall” in Realord Villas Shenzhen this year whichhas successfully expanded overseas markets. The Mall is with around 30,000 square meters of commercial area, and total of 130 shops. It gathers different types of shops such as catering, education and training, supermarkets, and leisure and entertainment. Also, Sincere introduced “Nakamura Store”, a new Japanese retail brand, before which provides customers with more than 800 Japanese foods and reaches a wider customer base to bring new development impetus to the Group. The Most Popular Department Store｜Sincere Department Store https://youtu.be/e-K5xAKnzzE

2022-10-29

Bryan Lin Attends The 2022 Futian District Entrepreneurs Day Symposium (29 October 2022 – Shenzhen) The 2022 Futian District Entrepreneurs Day Symposium was held. Leaders of Futian District and the entrepreneurs gathered together to communicate and share opinions for the Shenzhen development. Feng Dechong, Party Leadership Group Member & Vice Chairman of Shenzhen Federation of Industry and Commerce, Secretary of Party Affairs Committee of Government Agencies, Futian District, Huang Wei, Li Shiqing, Chairman of the Chinese People’s Political Consultative Conference (CPPCC) Shenzhen Futian District, district leaders Ouyang Huiyu and Zhu Jiang attended the meeting. The meeting was presided over by Wu Huan, Member of Futian District Committee of Shenzhen Municipal Standing Committee of the CPC & Chairman of United Front Department of Shenzhen Municipal Committee of the CPC. The representatives of Futian District entrepreneurs expressed their minds directly, around the grand blueprint of the 20th National Congress of the Chinese Communist Party. Dr. Bryan Lin, Chairman of Shenzhen Futian District Federation of Industry and Commerce (General Chamber of Commerce), Chairman of Realord Group Holdings Limited & The Sincere Company, said that he will earnestly study and implement the spirit of the 20th National Congress of the Communist Party of China, unite more compatriots together, and take the advantages of Shenzhen and Hong Kong. He believed that Futian District plays a bigger role in the Shenzhen-Hong Kong Innovation and Technology Co-operation Zone in the Lok Ma Chau Loop will not only help promote the integration of Hong Kong into the overall development of the country, but also contribute to its accelerated construction of a model city of socialist modernization in an all-round way.

2022-10-18

CCTV focuses on the China's 20th Party Congress! Lin Xiaohui: On the new journey of China, Hong Kong will surely create greater brilliance (18 October 2022 – Shenzhen) On October 16, the 20th National Congress of the Communist Party of China was grandly opened in Beijing. Xi Jinping's report to the Congress on behalf of the 19th Central Committee of the Chinese Communist Party aroused strong responses. Sectors of society in Hong Kong and Macau pointed out that the report of the 20th National Congress of the Communist Party of China give new directions, provides new opportunities, brings great confidence and for Hong Kong and Macau to better integrate into the overall development of the country. Dr. Lin Xiaohui, the election committee member of Hong Kong's grass-roots associations, interviewed by CCTV and said that the provides clear guidelines for Hong Kong's development and new opportunities for Hong Kong's development. The next five years will be a critical period for Hong Kong to create a new situation and achieve a new leap forward. We believe that Hong Kong will be able to create even greater brilliance in the new journey and to achieve PRC's second centenary goal. Your browser does not support HTML video.

2022-10-12

Realord International Chairman meets with Grenada’s Prime Minister Work together to create a brighter future (12 October 2022 – Hong Kong) Realord Group Holdings Limited (the "Company", together with its subsidiaries, collectively referred to as the "Group", stock code: 1196) has been actively developing business in the Latin American and Caribbean region, with a focus on a project in Grenada. Mr. Ma Chao, Chairman of Realord International Holdings Limited, a subsidiary of the Group had a meeting with Dickon Mitchell, the new Prime Minister of Grenada, and both sides expressed their keen expectations on the project. During the meeting, Mr. Ma Chao reported to Prime Minister Mitchell on the progress of the Hartman University Town and Resort project. As a starting point and cornerstone of the Group’s strategies in the Latin American and Caribbean region, this project is positioned in the international education market which integrates ecology, tourism, leisure, and health care and aims at becoming the benchmark in the region so as to contribute to boosting local construction through the steady operation of the project. Mr. Ma Chao, Chairman of Realord International Holdings Limited said, ”With the strong support and cooperation of the local government, the project is progressing in a continuous and orderly manner. On behalf of the Group, we may thank Prime Minister Mitchell for the affirmation of the progress of the project. We believe that Hartman University Town & Resort, the first property project of the Group will rise on the shores from this unique heart-shaped bay of Grenada.” Both sides further discussed about broader cooperation opportunities and strategic development at the meeting, including implementation of the projects to promote the long-term and sustainable economic development in Grenada. Prime Minister Mitchell said, “We have high expectation to the Hartman University Town & Resort project and are eager to work with Realord Group. With the cooperation of local professional team, we believe that project will be completed in phases at an accelerated pace, and it is expected that more local employment opportunities will be created in the near future.”