27 November 2015
Creative China Holdings Limited
Donated HK$650,000 to The Community Chest
To Celebrate Its Public Listing on the GEM
To celebrate the company's public listing on the Growth Enterprise Market (GEM) of the Stock Exchange of Hong Kong on 18 November 2015 (Wednesday) using the auspicious stock code of "8368", Creative China Holdings Limited has made a generous donation of HK$650,000 to The Community Chest of Hong Kong. On the same occasion, Mr Philip Yang (right), Chairman, Executive Director and Chief Executive Officer, and Ms Zhao Wei, Cornerstone Investor of Creative China Holdings Limited presented the donation to Mr Vernon F Moore, BBS, Board Member of The Community Chest of Hong Kong.
The Hong Kong Jockey Club, our Partner in charity, generously supports The Community Chest of Hong Kong in helping to subsidize our administrative costs, thereby enabling 100% of the donations to be allocated to over 150 member social welfare agencies from six major areas of services: children & youth, elderly, family & child welfare, medical & health, rehabilitation & aftercare, and communitydevelopment.
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About The Community Chest of Hong Kong
The Community Chest of Hong Kong was established in 1968 as an independent, non-profit making organization neither funded, nor operated by the Government. Each year, the Chest organizes fund-raising events to benefit over 150 member social welfare agencies that reach out to more than two million beneficiaries in Hong Kong. The Chest’s administrative costs come from a subsidized grant from The Hong Kong Jockey Club, in addition to income from investments. This allows the Chest to allocate 100% of funds raised to charitable use; this operations model makes the Chest unique among its peers, and helps fulfil its mission to act as trustee of the donors.