Since the beginning of spring, due to multiple factors, the local epidemic in Shanghai has shown a trend of rapid development, with the number of asymptomatic patients continuing to rise. Multistep control has been implemented in Pudong and Pu’nan, and a one-click “slow” mode has been started throughout Shanghai. A number of BUs of CR have once again mobilized, and devoted themselves to the local epidemic prevention and control work.

Since the outbreak of the fifth wave of COVID-19 in Hong Kong, in order to protect the supply of medical materials and daily necessities in Hong Kong, ensure the safety and health of Hong Kong residents, and guarantee the overall social stability, CR, as well as China Merchants Group, GDH, Sinopec Hong Kong, PetroChina Hong Kong, Chu Kong Shipping and other Chinese-funded enterprises in Hong Kong, has been resolutely implementing the requirements of the central government to help Hong Kong win the battle. Everyone is waiting for commands to fight against the epidemic even though there are innumerable trials and hardships, strive to ensure the supply and transportation of goods, stabilize prices regardless of costs, and is fully devoted to the battle against the epidemic.

On 17th January, the establishment and inauguration ceremony of China Resources Corporate Service Limited was held in China Resources Tower. China Resources (CR) Chairman Wang Xiangming and other group leaders attended the ceremony, and relevant responsible persons of functional departments such as the Group Office, Finance Department, Audit Department, Legal Compliance Department and Mass Work Department, as well as the representatives of external directors of the Group’s business units were also invited to attend the ceremony.

Recently, the Hong Kong Police Force announced the evaluation results of the “Best Security Services Award” Scheme in 2020-2021, and CR Property and its subsidiary Synergis Property won the “Best Security Services Award” in 2020-2021.

On 5th January, Runpin tile adhesive launch and customer networking event was successfully held in China Resources Cement (Fengkai) Limited. Zhang Caihua, Secretary General of Technical Committee for Tiling of China Ceramic Industry Association, Sun Weixing, Secretary General of China Stone Material Association, and relevant responsible persons of CR Cement attended the meeting.

Recently, CR Shouzheng Tendering Limited (“Shouzheng”) was awarded the AAA Credit Enterprise Certificate by China Tendering & Bidding Association (CTBA). The credit rating is a crucial effort of CTBA to implement the Guiding Opinions of the General Office of the State Council on Accelerating the Construction of a Social Credit System and Constructing a New Credit-based Supervision Mechanism and the Comprehensive Supervision by Trade Associations and Chambers of Commerce (Trial) issued by the National Development and Reform Commission and other nine departments, advance the construction of credit system in the tendering & bidding industry and improve the mechanism on rewards and punishments for keeping and breaching credits of tendering & bidding companies.

China Resources Yantai Nylon Co., Ltd. (“CR Nylon”) and Invista held a ceremony to sign a licensing agreement on nylon 6,6 polymerization technology in Shenzhen on December 29, 2021.

Recently, the Supreme People’s Court heard the CR Lighting case with CR Lighting Store located in Jinniu District, Chengdu, Sichuan, etc. as the Respondent, filed by CR and CR Intellectual Property for retrial in accordance with the law, and finally overturned the verdicts of the first and second instances and rejudged the respondent to stop trademark infringement and unfair competition and compensate for damages, which strongly protected CR’s legitimate rights and interests.

The oath-taking ceremony for Members of the seventh-term Legislative Council of Hong Kong was held in the Chamber of the Legislative Council Complex at 11:00 a.m. on 3rd January, with Chief Executive Carrie Lam Cheng Yuet-ngor administering the oath. The new-term Legislative Council is composed of 90 Members, with 40 Members returned by the Election Committee, 30 Members returned by functional constituencies and 20 Members returned by geographical constituencies through direct elections. The term of office of the seventh-term Legislative Council commenced on 1st January 2022 and lasted for four years.

Recently, Shaanxi Xi’an municipal government escalated the pandemic prevention and control amidst the severe situation. CR immediately mobilized and coordinated all business units in Shaanxi Province to deploy urgent medical and living materials, and donate money and materials to serve people’s livelihood in terms of food, clothing, shelter and transportation, contributing to the resolute pandemic prevention and control in Xi’an.