1. Gong Striking Ceremony
2. Group Photo of 688 Executive Directors
3. Toasting Ceremony with the Senior Management of HKEx
4. China Overseas Management Team Group Photo
(23 August 2012) China Overseas Land and Investment Ltd (“COLI” or the “Company”, stock code: 00688.HK) hosts the Market Open Ceremony by striking the gong at the Stock Exchange of Hong Kong Limited to celebrate its 20th anniversary of listing.
The ceremony was kicked off with an opening speech made by Mr. Kong Qingping, Chairman. When the clock hit 9:30am, Mr. Kong, joined by Mr. Yi Jun, Chairman of China Overseas Holdings Limited, Mr. Hao Jian Min, Vice Chairman and Chief Executive Officer of COLI, Mr. Xiao Xiao, Vice Chairman and Senior Vice President, Mr. Dong Daping, Vice President, Mr. Luo Liang, Vice President and Chief Architect, and Mr. Nip Yun Wing, Chief Financial Officer, announced the opening of the market and marked the start of the trading day by striking the gong together. The echo of the gong also signified the Company stepping into its 21st year as a listed company.
COLI was listed on the Stock Exchange of Hong Kong Limited in August 1992. For the past 20 years, the Company actively engaged in property development business. Currently, COLI has invested in property development in 35 Mainland cities, as well as in Hong Kong and Macau. In 2007, COLI became a constituent stock of the Hang Seng Index and was awarded various kinds of honors in aspects including business operation, cooperate governance, brand value, etc. The Company has successfully achieved continuous and rapid profit growth, reflecting its strength in the market.
Remarking on the COLI’s 20th anniversary of listing, Mr. Kong Qingping said, “Since listing, the Company has always been upholding the operation theory of ‘Exercise Caution in details and implementation. Build a strong foundation to seek greater success’ and striving hard for excellence and innovative development in a proactive manner. Entering the 21st century, by maintaining professional in operation, brand-oriented and optimized in development scale, COLI reinforced the elite image of ‘China Overseas Property’ in the market and was selected as a constituent of Hang Seng Composite Index. The Company successfully consolidated and leaped forward as the Chinese flagship enterprise in the property market. The standard of corporate governance continuously improved and the value-creating ability was raised, as well as the enhancement of shareholder value.”
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