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| Past and present HKSAR Chief Executives, political and business leaders officiate as Group marks major milestone |
HONG KONG, Oct 25, 2017 - (ACN Newswire) - China Everbright Limited ("CEL", stock code: 165.HK) today commemorated its 20th anniversary with a celebration cocktail at the Conrad Hotel Hong Kong, celebrating two decades since the Group was established in Hong Kong. More than 500 VIP guests from mainland China, Hong Kong and overseas were in attendance.
The celebration cocktail got off to a moving start with a ballet performance of an episode from the classic masterpiece of literature Don Quixote by the Group's long-term arts partner, the Hong Kong Ballet. Officiating guests for the event included Mr CY LEUNG, Vice-Chairman of the National Committee of the Chinese People's Political Consultative Conference; Mrs Carrie LAM, Chief Executive of the HKSAR Government; Mr CHEN Dong, Deputy Director of the Liaison Office of the Central People's Government in the HKSAR; Mr HU Jianzhong, Deputy Commissioner of the Office of the Commissioner of the Ministry of Foreign Affairs of the PRC in the HKSAR; Mrs Rita FAN, Member of the Standing Committee of the Twelfth Session of the National People's Congress; Mr James LAU, Secretary for Financial Services and the Treasury; and Mr LIU Mingkang, former chairman of the China Banking Regulatory Commission. They joined Mr TANG Shuangning, Chairman of China Everbright Group, Mr CAI Yunge, Deputy General Manager of CEL, and Mr CHEN Shuang, Executive Director and Chief Executive Officer of CEL, to present a toast together at the ceremony.
Mr CHEN Shuang, Executive Director and Chief Executive Officer of CEL, delivered the opening speech, where he expressed a warm welcome to the event's guests. "CEL is not only the product of China's financial reform, but also an explorer driven by the development of China's financial markets," he said. "In Hong Kong where numerous financial institutions are operating, CEL has constantly grown, transformed and broken through barriers to place itself at the forefront of China's development and Hong Kong's internationalisation. We thank you for the long-time care and support from the community, and we look forward to working together and creating a better future."
During his speech, Mr TANG Shuangning, Chairman of China Everbright Group, said, "China Everbright Group served as an important foothold for the early stage of China's reform and opening. Since it was established 20 years ago, the Group has also walked hand in hand with Hong Kong throughout the city's development. CEL, the cross-border financial flagship of China Everbright Group, has made tremendous efforts over the past two decades to grow itself into a leading cross-border investment and asset management company, both in China and overseas, creating a wealth of valuable assets along the way. As we look to the next 20 years, it is my sincere wish for CEL to have an even brighter future, moving confidently ahead as a first-class international asset management company." Mr TANG also wrote a Chinese poem to celebrate CEL's 20th anniversary.
Mrs Carrie LAM, JP, Chief Executive of the HKSAR Government, said, "Twenty years ago, CEL was established in Hong Kong, offering diversified financial services for mainland clients to participate in overseas investment. Today the company's leadership position in cross-border investment and asset management in well-recognised. I wish the industry can leverage Hong Kong's advantage as an international and commercial centre, capture Hong Kong's development opportunities, and thus contribute to our country's growth and prosperity."
A committed corporate citizen throughout the Group's two decades in Hong Kong, CEL took the opportunity of its 20th anniversary celebration to present a cheque for HK$1.25 million to Orbis as the title sponsor of "Orbis Everbright Moonwalkers 2017", a fundraising initiative supporting Orbis' global efforts to help patients suffering from blindness and visual impairment regain their sight.
Guests and media were able to gain a comprehensive overview of CEL's two decades of growth with a CEL Investment Sectors Zone featuring the Group's investments, as well as a CEL Milestones Display Zone showcasing its corporate milestones. The CEL Investment Sectors Zone showed key areas of investment and major industries covered within the Group's portfolio, including real estate, pharmaceuticals, elderly care, new energy, infrastructure, advanced technology, high-level manufacturing, aircraft leasing, financial technology and cultural consumption. Featured businesses included China UMS, GDS, Goldwind, CECEP Wind-power Corporation, Nanjing Gaosu Chuandong, HC SemiTek, Beijing Genomics Institute, Betta Pharmaceuticals Co., Ltd., Beingmate, Focus Media, iQiYi, Miaopai, Albania Capital Airport, Wish, BEP and Beijing Huichen Nursing Home. Guests could walk along a specially designed corridor and familiarise themselves with CEL's successful investments and perspectives on different sectors.
The CEL Milestones Display Zone took guests through CEL's two decades of development, evolution and achievements since its establishment in 1997, leading to the Group's position today as a specialist in cross-border investment and asset management. This success is achieved through CEL's flexibility with market developments. The Group is now setting its sights on the world for the next stage while remaining based in Hong Kong and deeply rooted in China.
About China Everbright Limited
China Everbright Limited (CEL, stock code: 165.HK) was established in Hong Kong in 1997 and is China's leading cross-border investment and asset management company. Its parent company is China Everbright Group. CEL manages private equity funds, venture capital funds, industry funds, mezzanine funds, parent funds, fixed income and equity funds. The bank utilises strong private capital and cultivates a number of high-growth-potential enterprises together with its investors. While closely following the development requirements of Chinese companies, it also seamlessly merges the best in overseas technologies with the Chinese market, providing multi-faceted service to Chinese clients involved in overseas investment.
As at the end of June 2017, CEL managed 38 funds and completed fundraising efforts in the amount of HKD 106.6 billion. Through both proprietary funds and the funds it manages, CEL has invested in companies both in China and globally, including China UMS, GDS, Goldwind, CECEP Wind-power Corporation, Nanjing Gaosu Chuandong, HC SemiTek, Beijing Genomics Institute, Betta Pharmaceuticals Co., Ltd., Beingmate, Focus Media, iQiYi, Miaopai, Albania Capital Airport, Wish and BEP. It has invested in a total of over 300 companies, covering fields including real estate, pharmaceuticals, new energy, infrastructure, advanced technology, high-level manufacturing, financial technology and cultural consumption. Of these, more than 150 companies have been listed in China or overseas, or were listed but have since withdrawn due to mergers and acquisitions.
CEL is the second-largest shareholder of Everbright Securities (stock code: 601788.SH, 6178.HK) and a strategic shareholder of China Everbright Bank (stock code: 601818.SH, 6818.HK). It is also the largest shareholder of Shanghai Jiabao Industry & Commerce Limited (stock code: 600622.SH). On the Hong Kong listing, it is the largest shareholder of China Aircraft Leasing Group Holdings Limited (stock code: 1848.HK). On the Singapore listing, it is the second-largest shareholder of Ying Li International Real Estate Limited (stock code: 5DM. SGX). CEL and its subsidiary companies currently have offices in Hong Kong, Beijing, Shanghai, Shenzhen, Tianjin, Singapore and Dublin.
CEL became one of the first Hong Kong stocks to be traded following the launches of the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programmes in April 2014 and December 2016.
CEL adheres to the motto "The Power to Transform". With a firm footing in Hong Kong - a true bridge between east and west - the Group is well positioned to take advantage of the long-term opportunities presented by changes in the Chinese market, respond flexibly, and become a leader in Chinese cross-border investment and asset management.
For more information, please visit www.everbright.com.
For enquiries, please contact:
Golin Hong Kong
Rebecca Sham
Tel: +852 2501 7952
Email: rsham@golin.com
Gary Lai
Tel: +852 2501 7905
E-mail: glai@golin.com
Photos link: https://www.webcargo.net/l/1MnQNSpr2B/
Topic: Press release summary
Source: China Everbright Ltd
Sectors: Daily Finance, Daily News, Funds & Equities
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From the Asia Corporate News Network
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