The 2017 second quarter working meeting of Cheung Kei Group was held successfully

2017.08.02

On July 31, 2017, the second quarter of 2017, Cheung Kei Group held a working meeting at Zhuhai Cheung Kei Hotel. Chairman of the Board of Cheung Kei Group Dr. Chen Hongtian, Executive Vice President Ms. Chen Xiaoxia, Vice President Mr. Chen Pengyu, heads and staff representatives of the Group’s various centers and subordinate companies attended the meeting. The meeting was chaired by Zhou Yang, Deputy Director of the Center for Human Resources Administration, and Chairman Dr. Chen Hongtian delivered an important speech.

Chairman Dr. Chen Hongtian delivers an important speech

During the conference, Executive Vice President Ms. Chen Xiaoxia made a report on the semi-annual work in 2017 of the Group, concluded the work of centers and subsidiaries in first half of 2017 respectively, deployed the work of the second half of 2017, and briefed the completion rate of the centers and subsidiaries in the first half of 2017.

In his speech, Chairman Dr. Chen Hongtian firstly appreciated the work performance of the centers and subsidiaries in the first half of 2017, then reviewed the operation of the Group and set forth the Group's development strategy and direction in the future. At the same time, Dr. Chen also mentioned the problems in management and work, he analyzed and point out the mistakes with earnest expectations.

Executive Vice President Ms. Chen Xiaoxia made the half-year work report for 2017

Chairman Dr. Chen Hongtian said, "Our company is called 'Cheung Kei', and in Cantonese it sounds like “in a long run”, meaning it is auspicious, blessing and in a long-term." We also hope that the company can be harmonious, stable and has sustainable development. Since the starting of the company, I have had deep thinking to the company's development and sustainability. we have been insisting on a sound business philosophy, integrity, the establishment of a strict risk prevention mechanism to maintain a very low level of indebtedness. We have a solid foundation, good strategic planning, and now the company has been in a period of rapid development. ”

He said that the Group focuses on the investment and acquisition of high quality enterprises and properties in the global core urban economic circlesand it constantly improves the quality of self-sustaining assets, reasonable asset structure and strengthens the quality of its equity investment. We will continue to uphold this business philosophy and model. At present, the company had invested in cross-regional areas with an investment of 20% respectively in Hong Kong, Shenzhen, Europe and Southeast Asia and China's core cities.

Vice President Mr. Chen Pengyu at the meeting

"In this year, Hong Kong Cheung Kei Group has stepped up its overseas investment and has successfully defeated a number of influential consortia in the world and invested more than HK$4 billion in cash to acquire the landmark A-level office building in London's Canary Wharf, which will bring the Group a rental income of nearly HK$300 million each year." "At the negotiation, I am proud of our excellent team, the logic of their negotiations and their understanding of the business," said Chairman Dr. Chen Hongtian. We did very well in this big deal, and it was a great success. At the same time, I also saw the efforts and growth of our team.”

Chairman Dr. Chen Hongtian said the company's timely replacement or withdrawal of some investment projects to possess more quality assets will lay a solid foundation for future development. I hope that when the company develops rapidly, all staff can establish a high sense of responsibility, be down-to-earth, and constantly improve their professional skills and executive power. The company will increase the internal excellent talent training for thestaff to create more opportunities for development. I also hope that the center and subordinate companies can further improve the management level, strengthen the internal standardized management, play a leading role to contribute to the company's development.

The meeting

Chairman Dr. Chen Hongtian's important speech and keen hope for various centers and affiliated companies of Group identified the direction of effortsand the centers and subordinate companies will conscientiously learn to understand the spirit of speech, actively improve professional and managementcapabilities, and effectively enhance the corporate sense of responsibility, sense of mission and ownership, adhere to professional ethics and professionalism to spread positive energy and lay a solid foundation for the implementation of the Group's strategic layout and work of the second half ofthe year.