The First-ever Hong Kong Project to Win the Highest Honour “Award of Excellence” at the UNESCO Asia-Pacific Awards for Cultural Heritage Conservation
Better Poised to Secure Large-Scale International Construction Projects; Achieves Results with Extraordinary Capabilities

HONG KONG — C Cheng Holdings Limited (“C Cheng Holdings” or the “Group;” stock code: 1486), a leading comprehensive architectural service providers in Hong Kong and the PRC, has announced that the Revitalisation of the Blue House Cluster Hong Kong project in which its subsidiary LWK & Partners (HK) Limited (“LWK”) serves as the Project Architect, Lead Consultant and Conservation Consultant has garnered the “Award of Excellence,” the highest honour presented at the 2017 UNESCO Asia-Pacific Awards for Cultural Heritage Conservation. This conservation of historic buildings project is the first-ever from Hong Kong to garner this prestigious honour, which is clear evidence of the high global recognition LWK enjoys for its outstanding capability in the construction industry. Hence, it further consolidates the Group’s leading position in the industry and benefit to tap into new market in China and overseas, including Xiongan New Area and Guangdong-Hong Kong- Macau Greater Bay Area.

Mr Ronald Liang, Chairman of C Cheng Holdings, said, “The concerted effort of the dedicated professional teams of LWK enabled us to stand above top global competitors and gain prestigious honours for Hong Kong’s construction industry on the international stage. Looking ahead, we continue to strive to secure a wide range of large-scale international projects, with a special focus on China with its rich development potential. We are also working diligently towards the strategic objective of offering excellence in construction by promoting the development of the construction industry and enhancing industry standards across different regions.”

As an established provider of comprehensive architectural services, C Cheng and Beijing General Municipal Engineering Design & Research Institute Co. Ltd. (“BMEDI”), a subsidiary of its strategic shareholder Beijing Enterprises Group Co., Ltd., are jointly developing the regional development projects under the Xiongan New Area and Guangdong-Hong Kong- Macau Greater Bay Area. At the same time, the Group is focusing on the huge potential presented by national strategic initiatives including “One Belt One Road” and the Beijing-Tianjin-Hebei Megalopolis Plan, so as to place C Cheng on the fast growth track by capturing the opportunities in the domestic industry.

Mr. Ivan Fu, Chief Executive Officer of C Cheng, added, “The award from UNESCO can significantly enhance our position and reputation in the international architectural sector. Combining the strengths of C Cheng and BMEDI, we are in a better position to secure major architectural projects in China and different regions, and in turn fully seize the enormous potential within specially designated national strategic locations and new development zones. Based on our solid foundation and strong track record, I believe that the Group can accelerate the pace of expansion and achieve better performance.”