About HANG LUNG GROUP Company

Hang Lung Group Limited (HKEx stock code: 00010) is one of the most experienced listed companies in Hong Kong, with over 60 years of experience in the property development market. Through our subsidiary Hang Lung Properties Limited (HKEx stock code: 00101), we are recognized in Hong Kong and the Mainland as a top “customer-oriented” and quality-oriented real estate developer, and enjoy a leading position in the industry. We have a large portfolio of properties in Hong Kong, including large shopping malls, office buildings and residential properties for sale and rent, all of which are known for their careful planning and excellent location. As early as the early 1990s, we made our first investment in the mainland, taking the first step in developing our business in the mainland in the future. Our business strategy in the Mainland is to develop the best quality properties in prime locations in major cities. To date, the Group's diversified property portfolio covers nine mainland cities, including Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou (ranked by year of opening). Our property portfolios in the mainland are all named after the Hang Lung Plaza “66” brand and positioned as high-end, successfully establishing a leading position as the “pulse of the city” in the mainland. Hang Lung actively leads the real estate industry to promote innovative and outstanding sustainable development solutions and achieve sustainable growth by connecting customers and communities. After setting a series of 2030 sustainable development goals and indicators, we further set 25 targets to be achieved by the end of 2025 (“25x25 Sustainability Index” or “25x25”). At the same time, we are committed to achieving net zero value chain greenhouse gas emissions by 2050 and developing specific and quantifiable measures to address major sustainable development challenges. These goals provide us with a clear roadmap to achieve our vision of becoming the world's leading sustainable real estate company. We and our subsidiary Hang Lung Properties adhere to the brand philosophy of “only choose what is good, only do the right”.