Press Release
Lin Xiaohui was interviewed by CCTV: Hong Kong Should Stimulating it's own vitality and creativity to contribute to economic construction in the Greater Bay Area
On March 23, a special Hong Kong seminar TV program "Chinese Modernization and New Opportunities in the World" held by China Central Radio and Television Asia-Pacific Headquarters was launched. Paul Chan Mo-po, Financial Secretary of the Hong Kong Special Administrative Region (HKSAR), Starry Lee Waiking, Standing Committee Member of National People's Congress, Jonathan K.S. Choi, Standing Committee Member of National Committee of Chinese People's Political Consultative Conference (NCCPPCC), Tam Yiu-chung, Vice President of Chinese Association of Hong Kong & Macao Studies, and other guests from different sectors of society in Hong Kong said that the Hong Kong society should conscientiously study and comprehensively implement from the ideas of "two sessions" and the 20th National Congress, and accurately implement "one country, two systems", deeply connect with the PRC national strategic plan, actively participate in the promotion of Chinese modernization, and better integrate into the overall situation of national development.
Dr. Bryan Lin Xiaohui, a Hong Kong member of the National Committee of the CPPCC, chairman of Realord Group (stock code: 01196.HK) and the Sincere Company (stock code: 00244.HK), said that " infrastructure as hardware, rules and mechanisms as software, the connection of the people among Guangdong, Hong Kong and Macao" is a main key of national strategies for the Guangdong-Hong Kong-Macao Greater Bay Area, Hong Kong should take the initiative to connect with the national plan of PRC, make full use of the huge market and vast hinterland provided by the Greater Bay Area, to highlight its own advantages, to stimulate its own vitality and creativity, and to contribute to the economic construction.
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Lin Xiaohui Shares his Feelings about "Two Sessions" in a meeting
On March 23, co-organized by the Youth Work Department of the Liaison Office of the Central People's Government of Hong Kong, the Civil Affairs and Youth Affairs Bureau of the The Government of the Hong Kong Special Administrative Region of the People's Republic of China, Hong Kong Elite Association, and the Relay China Youth Elite Association, the National Two Sessions Spirit Sharing Session (Youth Session)" was held. More than 200 young people from different sectors of society were invited to learn the spirit of the "two sessions", to better understand the latest national policies, to grasp the opportunities of national development, to gather majestic youth power for the comprehensive promotion of Chinese-style modernization, the governance and prosperity of Hong Kong.
The Secretary for Home and Youth Affairs Miss Alice Mak delivered a speech in video format. Song Lai, Deputy Director-General of the Department of Youth Affairs of the Liaison Office of the Central People's Government in the Hong Kong Special Administrative Region, and Liang Hongzheng, Deputy Director of the Home Affairs and Youth Affairs Bureau gave speeches in the meeting. 12 Committee Members of the National Committee of the Chinese People's Political Consultative Conference (CPPCC) and Representatives of National People's Congress shared the spirit of the two sessions with their personal experiences.
Dr. Lin Xiaohui, Committee Member of National CPPCC, Chairman of Realord Group (1196.HK) & Sincere Company (0244.HK), and chairman of the Hong Kong Taxi Driver Practitioners Association shared his personal experience about "Two Sessions".
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Realord Group Will Join Hands With PRC State-Owned Power Generation Company to build and develop power storage equipment
[March 10, 2023, Hong Kong] Realord Group Holdings Limited is pleased to announce that the Group is being in discussions with an independent third party for a potential cooperation with a Chinese state-owned power generation company for the construction of an offshore wind power plant and energy storage equipment in Zhejiang Province of China. The cooperation is expected to involve engineering design, procurement of materials and equipment, and construction of energy storage equipment (the "EPC Project"). The initial design capacity of the energy storage equipment is expected to be 1 gigawatt-hour per year, which will thereafter be increased to no less than 2 gigawatt-hours per year.
China is accelerating the transformation of energy utilization methods, vigorously improving energy utilization efficiency, and renewable energy development continues to grow. However, some renewable energy power generation, such as wind and solar power, depend on the natural conditions, therefore those energies are recommended to store, thereby increasing the flexibility of the grid to ensure providing uninterrupted power supply for the customers when demand increases.
According to the "Guiding Opinions on Accelerating the Development of New Energy Storage" jointly issued by the National Development and Reform Commission and the National Energy Administration, by 2025, the installed capacity of new energy storage will reach the goal of more than 30 million kilowatts. The total installed capacity in the next 3-4 years will exceed the total growth in the recent previous decade. According to the national 14th Five-Year Plan, the future development trend of energy storage will develop in the direction of commercialization and scale, and energy storage facilities will usher in a 10-year golden period.
Realord Group believes that in the context of government support for renewable power generation and grid connection, the demand for new energy and related energy storage equipment will continue to increase. Therefore, the potential investment in the EPC project provides an attractive opportunity for the company to enter the Chinese new energy and energy storage marke
Realord Group included in the Shanghai-Hong Kong Stock Connect
(March 6, 2023 – 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 Company will become a constituent stock of the Shanghai-Hong Kong Stock Connect, with effect from March 13, 2023 (Monday).
Recently, the Shanghai Stock Exchange ("SSE") issued the "Shanghai Stock Exchange Shanghai-Hong Kong Stock Connect Business Implementation Measures (Revised in 2023)" and the relevant provisions of the notice (Shang Zheng Fa [2023] No. 53), which mentioned that more listcos have been included and promoted to the Shanghai stock market has further promoted the integration of the capital markets of Shanghai and Hong Kong, which accelerated the two-way interconnection, and brought more choices and convenience transaction to investors in the two places.
This time, the Group was included as a target of the Shanghai-Hong Kong Stock Connect, marking that the Group's diversified business development and growth performance have once again been recognized by the capital market. The Group will continue to strive for the best returns for the investors.
Dr. Bryan Lin says on CCTV News: We must seize the opportunity to integrate Hong Kong into the overall development of China
The "Two Sessions" (the annual plenary sessions of the National People's Congress and of the Chinese People's Political Consultative Conference (CPPCC)), is being held in Beijing, China. Hong Kong Members of the National CPPCC from stated that they should play a two-way role as a bridge and fulfill their duties, and use Hong Kong's strengtheness to actively integrate into the overall development of the country.
Dr. Bryan Lin Xiaohui, member of the National CPPCC, member of the CPPCC, Shenzhen Committee, Realord Group & Sincere Chairman said "we must always bear 'one country & two systems' in mind, gather the consensus of loving our mother country and Hong Kong, and build a bridge for the development of PRC. Now is the golden period for the construction of the Guangdong-Hong Kong-Macao Greater Bay Area. We must seize this opportunity to integrate Hong Kong into the overall development of the country and start again with the country and the Guangdong-Hong Kong-Macao Greater Bay Area."
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Dr. Bryan Lin says on CCTV News: Shorten immigration policy period to attract talents for Hong Kong
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National CCPPC Member Dr. Bryan Lin: it is recommended to speed up the mutual recognition of talent qualifications in the Greater Bay Area
On February 28, Dr. Bryan Lin, a member of National Chinese People's Political Consultative Conference prepared a number of proposal this year, including the Flow of Talents in the Greater Bay Area, Hong Kong Border Ports’ Upgrading and Transformation, and the interconnection of insurance industry among the Hong Kong, Macau and Shenzhen. Among them, in the "Proposal on Accelerating the Expansion of Mutual Recognition of Qualifications in the Greater Bay Area to Promote the Flow of Professional Talents", Lin Xiaohui suggested that under the integrated development of the Greater Bay Area, various localities should adopt different policies and measures to accelerate the mutual recognition of talent qualification.
He pointed out that high-quality development cannot be separated from the support of talents. With the acceleration of the Guangdong-Hong Kong-Macao Greater Bay Area Development, huge economy and talent attraction will be released. To build up a world-class high-level talent-oriented area is also one of the most important goals of the Greater Bay Area Development. Guangdong, Hong Kong, and Macao have always paid attention to and attached importance to issues such as talent training, talent attraction, and talent circulation. They have negotiated and cooperated in various aspects in terms of mutual recognition of higher education qualifications and professional qualifications. However, there are still differences in the political system, economic environment, legal system, and cultural background among three places, which have become the shackles of talent circulation. For example, a more effective mechanism for mutual recognition of academic qualifications and professional qualifications for the fields like doctors, teachers, and accountants, has not yet been realized. Moreover, Hong Kong's sub-degree qualifications are not recognized by other universities in the Greater Bay Area.
Through interviews and analysis, Lin found that the current scope of mutual recognition of professional qualifications is still small and insufficient to meet the needs of certain important areas. Emerging industries in the Greater Bay Area, such as finance, innovative technology, and medical industries, have not yet been fully opened up, while industries such as IT and modernized services industry, are rarely touched upon; the education and vocational qualification systems in the Mainland are not completely equivalent to Hong Kong's qualifications structure, for example, there are differences in some academic levels, qualification, certification, classification and scope of practice.
He also noticed that it is more difficult to connect with the industry, and the existing policies remain at a relatively superficial level. For example, registered medical professional technicians with legal qualifications in Hong Kong can only practice in the Mainland for a short period of time; the professional qualification examination threshold is high and the procedures are cumbersome. The approval time is too long, and it is not easy for many professionals in the two places to apply for mutual recognition of professional qualifications, and the application intention will be reduced under such circumstances.
In this regard, Bryan Lin suggested that the Guangdong Province, Hong Kong and Macao should jointly establish a "Coordination Bureau for Mutual Recognition of Professional Qualifications" to connect with professional industry organizations in various places, so as to play a coordinating role to speed up the process of mutual recognition of professional qualifications. Launch the pilot project to conduct a large-scale research on the development needs of the Greater Bay Area to flexibly docking for the industries with talent shortages in various regions, including mutual recognition of some professional qualifications, direct exemption of qualification examination for some subjects of relevant practitioners, etc; Accelerate the promotion of “Credit Bank” plan to carry out the identification, accumulation and conversion of the academic education and non-academic education learning achievements in the Greater Bay Area; Further relax the mutual recognition of qualifications in emerging industries such as the Internet, real estate, testing and certification, research and development, design, exhibitions, and modern service industries.
He also suggested that the government departments of Guangdong, Hong Kong and Macao should cooperate with famous enterprises to launch special internship programs, and provide highly professional and challenging internship positions for undergraduates or young people who are preparing to obtain professional qualifications in cities in the Greater Bay Area, to lay the foundation for future mobile employment; according to the characteristics of various industries in various places, provide pre-examination training for those who are preparing to obtain professional qualifications, and eliminate the troubles caused by external factors such as examination modes, language habits, and information inconsistencies.
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.
