Press Releases
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CY Leung attended the unveiling ceremony of the cooperation between HKCCC and RUN HKOn 3 November 2020, Guangxi China Resources Building, a new landmark in Guangxi meticulously built by China Resources Land (“CR Land”), was officially completed. On the same day, the RUN HK Guangxi-Hong Kong Industrial Innovation Centre and the Hong Kong Youth (Mainland) Entrepreneurship Service Centre held an unveiling ceremony in the Guangxi China Resources Building where both centres are housed. CY Leung, Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference (“CPPCC”), Sun Dawei, Party Secretary of the CPPCC Committee of Guangxi Zhuang Autonomous Region, and Pan Jiarong, Chairman of the Hong Kong (Region) Chamber of Commerce in China-Guangxi (“HKCCC”) attended the ceremony.11/04/2020
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Kick-off of the China Resources "Healthy Village" charity projectOn 5 September 2020, in celebration of the fifth Charity Day of China, China Resources launched the "Healthy Village" philanthropic initiative with the theme of "Caring for Primary Health and Building a Healthy China" in Beijing. Adhering to the "Healthy China 2030 Planning Outline" and "China Women (and Children) Development Outline", the project aims to implement the rural revitalization strategy.09/07/2020
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CR Power becomes a constituent in the HSI ESG 50 Index and Hang Seng Corporate Sustainability Benchmark IndexHang Seng Indexes Company Limited (“Hang Seng Indexes”) recently announced the results of its review of the Hang Seng Family of Indexes for the quarter ended 30 June 2020. For the first time, CR Power is included as a constituent in both the HSI ESG 50 Index and Hang Seng Corporate Sustainability Benchmark Index.08/24/2020
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CR Power Ranked 7th in the Greater Bay Area Business Sustainability IndexCR Power was ranked 7th as a Pace-Setter among 67 companies in the first Greater Bay Area Business Sustainability Index (“GBABSI”) jointly launched by the Chinese University of Hong Kong (“CUHK”) Business School’s Centre for Business Sustainability (“CBS”), CUHK and SGS Hong Kong on 24 July 2020.07/28/2020
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CR Land is Selected as One of the Best Performing Constituents in HSI ESG IndexHang Seng Indexes Company Limited (“Hang Seng Indexes”) has recently launched the HSI ESG 50 Index to reflect the performance of top 50 ESG leaders with relatively high market-capitalization listed in Hong Kong. CR Land is included in the ESG 50 Index based on a comprehensive assessment of its ESG performance by Hang Seng Indexes.07/09/2020
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Runfeng Cement’s 2020 Brand Value Exceeds RMB50 billionOn 28 June 2020, CR Cement announced the brand valuation report presented by the World Brand Lab on its proprietary brand Runfeng Cement. According to the report, Runfeng Cement’s 2020 brand value reached RMB51.958 billion.06/29/2020
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Grand Opening of CR Capital TowerOn 27 May 2020, CR Capital and CR Land jointly organized the unveiling ceremony for CR Capital Tower in Shenzhen with China Resources Group General Manager Wang Xiangming officiating at the ceremony.05/27/2020
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CR Gas raised HK$3.67 billion through share placementOn 12 May 2020, CR Gas announced to place a total of 90 million shares at a price of HK$40.81 per share in the capital market through placing of existing shares and top-up subscription for new shares. The placing price represented a 7.14% discount to the closing price in the last trading day of the announcement and a 4.69% discount to average closing price of the past 5 trading days. The shares placed represented approximately 4.05% of the issued share capital of the Company and approximately 3.89% of the Company’s issued share capital as enlarged by the Subscription. Goldman Sachs was the sole placing agent.05/12/2020
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China Resources Chemical Innovative Materials Holdings Received US$25 Million Investment fromChina Resources Chemical Innovative Materials Holdings has recently received US$25 million investment from British BP Petroleum, which has thus become one of the shareholders, whilst the parties entered into a strategic cooperation agreement to strengthen cooperation in the procurement of refined terephthalic acid (PTA) which is the raw material in the production of polyethylene terephthalate (PET). This would engage both upstream and downstream industrial chains in practicing in-depth integration, so as to work together to further develop the global market.04/10/2020
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CR Land Raises HK$6.72 Billion through Share PlacementOn 21 October, with Goldman Sachs (Asia) L.L.C. as the placing agent, China Resources Land(”CR Land”)placed a total of 200 million shares through a placing of existing shares and top-up subscription for new shares. The placing price of HK$33.65 per share represented a discount of approximately 6.9% to the closing price of the last trading day. The total number of placing shares represented approximately 2.9% of the issued share capital of the Company as at the date of the announcement and approximately 2.8% of the issued share capital of the Company as enlarged by the subscription.10/22/2019