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Jollibee Group Named Among Top Global Restaurant Brands for Sustainability Perception Value

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Advertorial Desk
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Jollibee Group also ranked #1 in Brand Finance 2025 Sustainability Perceptions Index among all Philippine companies


MANILA, PHILIPPINES – Media OutReach Newswire – 9 October 2025 – Jollibee Group, one of the world’s fastest-growing restaurant companies, has been recognized among the top restaurant brands globally in the 2025 Sustainability Perceptions Index released by Brand Finance, the world’s leading brand valuation agency.

Jollibee Group advocates for the use of clean energy not only in its own Manufacturing and Logistics facilities but also in its brand stores.
Jollibee Group advocates for the use of clean energy not only in its own Manufacturing and Logistics facilities but also in its brand stores.

The Brand Finance Sustainability Perceptions Index 2025 ranks global restaurant brands by the value of their sustainability perceptions, derived from brand strength, market research, financial performance, and planet-positive growth.

On top of this, Jollibee Group also marked a significant feat in the Philippines as it earned the top spot among all the Philippine brands in the same Brand Finance ranking.

“This recognition is a reflection of the growing trust that stakeholders around the world place in our commitment to sustainability,” said Pepot Miñana, Jollibee Group’s Global Chief Sustainability Officer. “It is both a joyful moment and affirms our commitment to continue advancing our initiatives on the ground together with our employees, suppliers, franchisees, and partners.”

Joy for Tomorrow sustainability agenda

At the heart of Jollibee Group’s efforts is its “Joy for Tomorrow” sustainability agenda, anchored on three core pillars: Food, People, and Planet. This agenda guides the Group’s strategy and investments across its global operations, including initiatives that promote responsible sourcing, food safety, employee welfare, community support, energy efficiency, and good governance.

In 2024, the company reported significant progress in its sustainability initiatives across its operations. With the leadership of its Philippine Manufacturing and Logistics team, it achieved a 32% reduction in energy consumption, 33% decrease in water use, and a 44% reduction in waste generated per metric ton of products produced compared to the 2020 baseline. It also installed more than 16,800 solar panels, generating approximately 9.1 megawatts of clean energy, and successfully diverted 62% of Philippine manufacturing waste from landfills. In partnership with employee volunteers, the company has planted over 21,500 mangrove propagules, reinforcing its commitment to environmental stewardship and climate resilience.

To support those affected by calamities and disasters, it also distributed 2.68 million meals through FoodAid in 2024. Uplifting the lives of smallholder farmers through the Farmer Entrepreneurship Program (FEP), it has steadily increased its direct vegetable procurement from FEP farmers, who in 2024 supplied 33% of the company’s onion requirements.

Alex Haigh, Managing Director Asia-Pacific, Brand Finance commented, “Sustainability is fast becoming a key driver of how Philippine brands are judged. Jollibee proves that powerful ESG stories – from championing financial inclusion to committing to responsible sourcing – can win hearts locally and make an impact globally. The stage is set for more homegrown brands to amplify their sustainability voice and turn values into lasting customer loyalty.”

Brand Finance is headquartered in London and operates in over 25 countries. Its annual Sustainability Perceptions Index is a key reference for understanding how stakeholder perceptions of sustainability contribute to brand strength in today’s values-driven global economy.

Jollibee Group is one of the world’s fastest-growing restaurant companies, operating over 10,000 stores across 33 countries with a diverse portfolio of 19 brands, including global icons Jollibee, Smashburger, Tim Ho Wan, and Coffee Bean & Tea Leaf.

To view the full Brand Finance Sustainability Perceptions Index 2025, visit https://brandirectory.com/reports/sustainability-perceptions-index

To read more about the Jollibee Group’s 2024 sustainability initiatives, visit https://www.jollibeegroup.com/esg-reports/
Hashtag: #JollibeeGroup

The issuer is solely responsible for the content of this announcement.

About Jollibee Group

Over 14,293 Food Service Cleanliness & Condition (FSC) Audits across our stores worldwide was conducted in 2024

Jollibee Foods Corporation (PSE: JFC) (the “Company”) is one of the world’s fastest-growing restaurant companies, driven by its purpose of spreading joy through superior taste. It manages and operates a portfolio which includes 19 brands (the “Jollibee Group”) with over 10,000 stores and cafés across 33 countries.

The Jollibee Group’s portfolio includes nine (9) wholly-owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger and Tim Ho Wan), five (5) franchised brands (Burger King, Panda Express, Yoshinoya, Common Man Coffee Roasters, and Tiong Bahru Bakery in the Philippines), and ownership stakes in other key brands like The Coffee Bean and Tea Leaf (80%), Compose Coffee (70%), SuperFoods Group that operates Highlands Coffee (60%), and bubble tea brand Milksha (51%). The Company also has membership interests in Tortazo, LLC, along with Chef Rick Bayless, for Tortazo in the U.S. and in Botrista, a leader in beverage technology.

The Jollibee Group’s global sustainability agenda, Joy for Tomorrow, underscores its commitment to sustainable business practices across food safety, employee welfare, community support, good governance, and environmental responsibility, among others. These focus areas are aligned with the United Nations Sustainable Development Goals (UN SDGs).

The Company has been recognized as the Philippines’ Most Admired Company by the Asian Wall Street Journal, named one of Asia’s Fab 50 Companies, and listed among Forbes’ World’s Best Employers and Top Female-Friendly Companies. The Company is also a four-time Gallup Exceptional Workplace Award recipient and featured in TIME’s World’s Best Companies and Fortune’s Southeast Asia 500 List.

To learn more about Jollibee Group, visit

Boundless Smart Manufacturing Towards the Future: The 25th China International Industry Fair (CIIF 2025) Concludes Successfully

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Advertorial Desk
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SHANGHAI, Oct. 9, 2025 /PRNewswire/ — On September 27, the 25th China International Industry Fair (CIIF 2025), themed “New Industrialization & Smart Manufacturing Resilience”, concluded successfully at the National Exhibition and Convention Center in Shanghai.

Over the course of five days, the event brought together more than 3,000 exhibitors from 28 countries and regions, featured 10 high-level forums and nearly 300 thematic activities, and unveiled over 1,000 new technologies and exhibits for the first time. Among these were nearly 400 representative achievements across five “extremes”: ultra‑large, ultra‑small, ultra‑light, ultra‑intelligent, and ultra‑precise. One CIIF Special Award, 10 CIIF Awards, and 12 CIIF Professional Awards were also announced. CIIF 2025 showcased the development trends of advanced, intelligent, and green manufacturing, presented cutting-edge global industrial technology achievements, highlighted the strong resilience of China’s industrial economy, and underscored the innovative vitality of China’s industrial system in responding to global transformations.

By 2:00 p.m. on the closing day, the fair had attracted 224,000 trade visits from 133 countries and regions — an 11% increase compared with the same period of the previous edition. Online exposure reached 2.314 billion, up 71.28% year-on-year. This year’s edition of CIIF set new records for exhibitor numbers, exhibition area, visitor attendance, and overall impact, underscoring the fair’s strong brand appeal and communication reach.

At CIIF, technology was not merely an exhibit, but a practical, transferable, and collaborative factor of production. Industrial robots were no longer just cold, mechanical executors but “intelligent coworkers” capable of environmental perception, autonomous decision-making, and even multi-robot collaboration.

Chang Li, Vice President of Jaka Robotics, noted that this was the company’s seventh participation in CIIF. While unveiling its new generation of robots, the company also took the opportunity to learn from peers, accelerate the integration of upstream and downstream of the industrial chain, and build an innovative ecosystem.

Xiao Song, Chairman of Siemens China, remarked that the true implementation of industrial AI begins with accurately identifying application scenarios and succeeds when technology, data, and industrial know-how are deeply integrated. Siemens presented nearly 20 AI-related products and solutions, including its next-generation smart assembly equipment for new energy vehicles — the first pilot application in China of Siemens’ generative industrial AI assistant.

A representative from Xingye Materials, which made its debut at this year’s CIIF, shared that within the first three days of the fair, visitors from countries such as the United States, South Korea, Brazil, Serbia, and Pakistan had shown great interest and clear purchasing intentions for the company’s intelligent foldable solar tracking power system.

Hymson, the “star exhibitor” of Hall 2, showcased with an oversized booth of nearly 1,000 square meters this year. According to the company, the exhibition proved highly fruitful, with multiple key products signed for purchase on the spot. Meanwhile, the Industrial Machine Tool + Hundreds of Industries and Enterprises (Shanghai) event released the Shanghai Industrial Machine Tool Industry Capability Handbook, along with 100 demand lists and 200 supply lists. Over 80 cooperative projects were facilitated, with signed contracts exceeding RMB 3 billion.

Robert Mitrofan, Chief Representative of the BUSINESS ROMANIA in China, attended CIIF for the second consecutive year. Serving as a “CIIF Overseas Promotion Ambassador,” he commented from a global perspective on Chinese manufacturing, stating that industrial robots were one of the highlights of this year’s fair, and that the remarkable achievements China has made in high-tech manufacturing within a short period are truly impressive.

CIIF 2025 was not only a tribute to industrial civilization but also a preview of the future of industry. As Ding Han, Academician of the Chinese Academy of Sciences, put it: “Today’s exhibits are tomorrow’s industries.” Chinese industry is transforming from a technology follower into a key participant and leader in global innovation. It will continue to deepen openness and cooperation, accelerate the empowerment of new industrial productivity, and contribute Chinese wisdom and strength to global industrial development.

Crowds at CIIF 2025
Crowds at CIIF 2025

 

Cross-Border Wind Power Project in Laos to Begin Supplying Vietnam by End of 2025

By
Thongsavanh Souvannasane
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Truong Son WInd Power Project in Khamkeut district, Bolikhamxay province, Laos. (Photo credit: Pathedlao)

A major wind power project backed by Vietnamese investment in Laos’ Bolikhamxay Province is now 80 percent complete and is expected to begin full commercial operations by the end of 2025. 

The Truong Son Wind Farm, located in Khamkeut and Xaychamphone districts, is designed to generate 600 megawatts of electricity, which will be exported to Vietnam to support the country’s growing demand for clean energy.

The project is being developed in two phases. Truong Son Wind Project 1 is valued at over USD 371 million, while Project 2 is worth around USD 556 million. 

Both sites are situated at altitudes between 1,400 and 2,000 metres above sea level and are planned to operate for 25 years. 

First surveyed in October 2023, construction began in April 2024. According to Project Director Ruang Jung Anh, construction is moving forward steadily and is expected to be completed later this year, with operations starting before the end of 2025.

Electricity from the wind farm will be transmitted to Vietnam through a 220-kilovolt line connecting to the Do Luong substation in Nghe An Province. This marks the first time a Vietnamese private company has invested in a cross-border transmission line to import power from Laos.

The Truong Son Wind Farm is part of a broader renewable energy push in Bolikhamxay. 

Truong Son WInd Power Project in Khamkeut district, Bolikhamxay province, Laos. (Photo credit: Pathedlao)

In addition to this nearly finished project, another large-scale wind farm is preparing to begin construction, one more is scheduled to start in 2026, and two others are currently in the contract development phase. 

In late September, Laos launched the Monsoon Wind Power Project (600 megawatts), Southeast Asia’s largest onshore wind farm and Asia’s first cross-border renewable energy venture, covering 68,000 hectares in Sekong and Attapeu provinces. 

These projects align with the Vietnam-Laos agreement, under which the Vietnamese government plans to purchase 3,000 megawatts from Laos by 2025, with potential increases to 5,000-8,000 megawatts by 2030 and up to 11,000 megawatts by 2050.

FGA Trust Expands Custody Capabilities for Hong Kong’s Stablecoin Issuers

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Advertorial Desk
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HONG KONG SAR – Media OutReach Newswire – 9 October 2025 – FGA Trust today announced the expansion of its custody services to support future licensed stablecoin issuers in Hong Kong, positioning itself at the heart of the city’s new regulatory framework for digital assets.

The strategic move is a direct response to Hong Kong’s Stablecoin Ordinance, which came into full effect on August 1, 2025, establishing a comprehensive licensing regime for fiat-referenced stablecoin issuers. The regulation mandates that issuers maintain stable value through robust reserve asset management, requiring reserves to be held with qualified independent custodians. FGA Trust’s expansion is designed to meet this critical infrastructure need, ensuring client assets are securely segregated and fully backed by high-quality liquid assets。

Bridging TradFi and Web3 with AI and On-Chain Compliance

To serve this emerging market, FGA Trust is leveraging its recently upgraded AI-driven platform. The technology suite automates Know Your Customer (KYC) onboarding and integrates advanced on-chain Anti-Money Laundering (AML) compliance, providing a secure bridge between traditional finance (TradFi) and the Web3 ecosystem. This approach aligns with the stringent requirements of the Stablecoins Ordinance and the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO).

“The implementation of the Stablecoin Ordinance marks a new era for the digital asset space, providing a clear legal framework that enhances market transparency and ensures financial system stability,” said Kavi Harilela, Director of FGA Trust. “Our expanded custody capabilities are designed to help issuers not only meet their regulatory obligations but also build foundational trust with users.”

Positioning for a Regulated Digital Asset Future

Hong Kong’s clear regulatory trajectory is solidifying its status as a leading digital asset hub, attracting major institutional players. The new regime for stablecoins is soon expected to be followed by a licensing framework for virtual asset dealing and custody services, proposals for which were unveiled in June 2025.

FGA Trust’s development of future-ready custodian services underscores a strategic commitment to supporting the institutional adoption of digital assets. By providing the essential compliance and security infrastructure, the company aims to facilitate the safe growth of stablecoins and the broader tokenization of assets within Hong Kong’s regulated financial environment.

Hashtag: #FGA #信託 #财富管理#Web3



Wechat: 香港FGA信托

The issuer is solely responsible for the content of this announcement.

Dmall Showcases AI-Driven Retail Innovations and Global Practices at Apsara Conference 2025

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Advertorial Desk
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HANGZHOU, China, Oct. 9, 2025 /PRNewswire/ — Dmall Inc. (02586.hk), a leading provider of digital solutions for the retail industry, today demonstrated its advanced AI-powered solutions and global practices in digital retail at the Apsara Conference 2025, Alibaba Cloud’s annual flagship technology event.

At the summit “Born Global: Chinese Enterprises Going Overseas in the AI Era”, Dmall Partner Ren Zhongwei delivered a keynote speech, outlining how Chinese software service providers are playing a pivotal role in reshaping the global digital retail landscape. He emphasized that Dmall is at the forefront of this transformation, leveraging deep industry insights and advanced technology to position Chinese innovation at the center of the industry’s global evolution.

“AI is no longer a feature. It’s a fundamental competitive advantage,” stated Ren. “At Dmall, we have deeply integrated AI technology into core retail scenarios, including product planning, sales forecasting, and supply chain coordination. This empowers retailers to shift from a dependency on intuition-based practices to a data-driven model, enabling smarter, data-backed decisions and driving significant operational efficiencies.”

Ren also called on Chinese technology firms expanding abroad to work together to build and protect the global reputation of “China Technology.” He noted Dmall’s close collaboration with Alibaba Cloud on security, compliance, and integration as a key enabler for its clients’ multinational ambitions.

“As we continue to focus on the industry, develop benchmark cases, and build a trusted ecosystem, the path for Chinese technology to go global will become increasingly broad,” Ren concluded.

In addition to the keynote, Dmall participated as an exhibitor at the conference, presenting its latest AI-driven products and applications. The company’s booth offers a firsthand look at how its cutting-edge solutions are empowering retailers to enhance operational efficiency and drive scientific decision-making.

To date, Dmall’s business has expanded to 10 countries and regions, serving a diverse range of retail formats including supermarkets, convenience stores, department stores, and specialty brand outlets.

About Dmall 

Founded in 2015, Dmall (02586.HK) is committed to advancing the retail industry through technology. As one of Asia’s leading providers of digital retail solutions, Dmall delivers integrated, AI-driven innovations that empower retailers to improve efficiency, optimize decisions, and create greater value for consumers across diverse formats and channels.

 

Laos Launches New Durian Cultivation Project to Boost Exports to China

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Laotian Times
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Durian (This photo is used for representational) purposed) Photo: Martha Stewart.

Laos has launched a new durian cultivation project aimed at boosting exports to China, with a focus on improving both the quality and quantity of production. The initiative also seeks to support local farmers by creating stable employment and profit-sharing opportunities.

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Hong Kong Disneyland Resort Names New Disney Ambassadors

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Advertorial Desk
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Embark on a Journey of Dreams, Growth, and Spread Happiness


HONG KONG SAR – Media OutReach Newswire – 9 October 2025 – Hong Kong Disneyland Resort (HKDL) is proud to announce the 2026–2027 Disney Ambassadors, Charlotte Wong and Daniella Rocca. They will officially assume their roles on January 1, 2026.

2026–2027 HKDL Ambassadors Charlotte Daniella and Managing Director of HKDL Michael Moriarty

The newly appointed Disney Ambassadors will take on the role of party hosts, joining hands with all cast members to continue the year-long “The Most Magical Party of All!” during HKDL’s 20th anniversary celebration. They will also represent HKDL’s cast members, bringing more cherished Disney stories to guests and the Hong Kong community, and deepening the resort’s commitment to volunteerism and community service.

This year marks the 60th anniversary of the Disney Ambassador program. Disney Ambassadors have been instrumental in spreading joy and dreams, witnessing countless magical moments. Michael Moriarty, Managing Director of HKDL, remarked, “Becoming a Disney Ambassador is more than a title. They join a longstanding global tradition and network that fosters collaboration, celebrates excellence, and represents cast contributions in bringing joy to guests and the surrounding community.” He congratulated Wong and Rocca on their new appointments with well wishes.

Moriarty also extended his gratitude to current Ambassadors Beyan Tse and Gisele Abejero for their remarkable contributions over the past two years, as well as to their families for the unwavering support. From the moment taking on their Ambassador roles, Tse and Abejero have infused a sense of purpose, warmth and authenticity into every moment of the resort with, bringing Disney magic to life.

Moriarty further extended appreciation to every HKDL Ambassadors Alumni for their dedication to spreading pixie dust and continued support of Disney Ambassador program, especially as it marks its 20th anniversary. He recognized them as role models for the newly appointed Ambassadors.

From Audience to Magic Maker

One of the newly appointed Disney Ambassadors, Wong, grew up with cherished memories of HKDL from her frequent visits with her family. Among her fondest memories was watching the classic musical “The Golden Mickeys.” The story of Bebe—a character who dares to chase her dreams and shine on stage—left a lasting impression. It embodied the power of friendship, courage, and aspiration, and planted the seed of becoming a “Disney Magic Maker” in the heart of Wong, a dance enthusiast herself.

Born and raised in Hong Kong, Wong grew up as an only child in a protective home—but she was never one to stay sheltered. Determined to carve out her own path, Wong joined communications & public affairs in 2022, driven by her passion for storytelling through photography and videography. From a summer intern to a publicity assistant, she has interviewed numerous incredible cast members and captured their treasured moments in the resort and was entrusted with the role of one of HKDL’s content creators. She also supported the opening of the World of Frozen and helped promote “The Most Magical Party of All!”

With her boundless passion, Wong brings Bebe’s spirit to life through her actions. “HKDL has been a part of my life growing up. The stories here have always encouraged me to dream boldly. Embracing the energy and innovative spirit of Generation Z, I aim to strengthen our connections among cast members and share the magic of Disney with even more people,” she said. By sharing her own story, she hopes to inspire others to bravely pursue their dreams, ensuring Disney’s unique charm to continue shining brightly and ignite the aspirations of many.

Sharing Joy Through Cultural Diversity

Like Wong, Rocca has also found her dream stage at HKDL. Rocca joined entertainment in 2022 as a performer, captivating guests with her vibrant energy and storytelling talents across various corners of the park. During the 20th anniversary celebration, she performs in the resort’s largest-ever parade, “Friendtastic!” Parade, where she uses music and dance to transcend language barriers and connect deeply with guests and fellow cast members alike.

With Caribbean and Spanish heritage, Rocca grew up in a multicultural environment that instilled in her a profound appreciation for inclusion and empathy. At HKDL, where cast members and guests come from diverse backgrounds, she has witnessed firsthand the power of respect and harmony. This experience inspired her to pursue the Disney Ambassador role. “I hope to further Disney’s vision by ensuring every cast member and guest feels accepted and respected, and that everyone can find a sense of belonging here at HKDL,” she shared.

With her vibrant and cheerful personality, Rocca is excited to embrace her role as an Ambassador, aiming to inspire others through her warmth and positive energy. She is committed to helping cast members from diverse cultural backgrounds feel more at home within Disney’s inclusive family. Additionally, Rocca will actively participate in Disney VoluntEARS activities, spreading the magic of Disney to every corner of the community.

Continuing the Magical Tradition Passing on the Disney Magic

Though Wong and Rocca come from different backgrounds, they share a deep passion for Disney and a heartfelt commitment to their dreams. Wong connects people through creativity and storytelling, while Rocca brings magic and joy to life through her energetic personality and multicultural background. Together, their stories embody the true spirit of Disney Ambassadors—dreaming boldly, connecting sincerely, and spreading joy—as they continue to carry forward the timeless magic of Disney.

The Legacy of Disney Ambassadors

The Disney Ambassador program was first introduced by Walt Disney in 1965 to commemorate the 10th anniversary of Disneyland Resort. Since then, it has become a cherished tradition across Disney parks and resorts worldwide. Since opening in 2005, HKDL has selected Ambassadors each term among its cast members.

The newly appointed Ambassadors will carry forward this legacy by participating in Disney VoluntEARS activities to bring wonder to those in need, welcoming guests from around the world to showcase HKDL’s unique charm, and organizing events that unite cast members—spreading Disney’s magic and positivity throughout the community.

Hashtag: #HongKongDisneylandResort

The issuer is solely responsible for the content of this announcement.

About Hong Kong Disneyland Resort

Hong Kong Disneyland Resort offers unforgettable, culturally distinctive Disney experiences for guests of all ages and backgrounds. Filled with your favorite Disney stories and characters, Hong Kong Disneyland Resort offers guests the opportunity to explore eight diverse lands that are home to award-winning, one-of-a-kind attractions and entertainment. Complete your adventure with stays at the resort’s luxurious Disney hotels. The magic doesn’t end at our doorstep; as a dedicated member of the local community that cares deeply about societal wellbeing, Hong Kong Disneyland Resort spreads its magic through community service programs that help families in need, boost creativity among children and families, encourage the protection of the environment and inspire healthier living.

Mobile app gives the latest updates & helps plan your visit
The Hong Kong Disneyland mobile app keeps guests informed of all the excitement at Hong Kong Disneyland Resort, from operating hours to entertainment schedules. Reserve your park visit and get Disney Standby Pass to meet Disney friends inside the park. Use the GPS-enabled map to find your way around the park or make reservations for park and hotel restaurants, and make every moment count with wait times for each attraction. Magic Access members can also view block-out calendars and membership privileges, designed to make your visit even more magical.

Download the Hong Kong Disneyland mobile app for free:
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Completion of Strategic Acquisition of Hong Kong Life by Yuexiu Driving a New Chapter of Business Development and Innovation

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Advertorial Desk
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HONG KONG SAR – Media OutReach Newswire – 9 October 2025 – Hong Kong Life Insurance Limited (“Hong Kong Life”) is pleased to announce the successful completion of the strategic acquisition by Yuexiu Enterprises (Holdings) Limited (“Yuexiu”), marking an important milestone in Hong Kong Life’s development history for over 20 years. This transaction strengthens Hong Kong Life’s market position and accelerates innovation in its insurance business.

On 27 December 2024, Asia Insurance Company Limited, CMB Wing Lung Agency Limited, OCBC Bank (Hong Kong) Limited and Shanghai Commercial Bank Limited (collectively, the “Original Shareholders”), entered into a share purchase agreement with Yuexiu pursuant to which the Original Shareholders shall sell 83.33 % shareholding interests in Hong Kong Life to Yuexiu Insurance (Holdings) Limited, a newly incorporated wholly owned subsidiary of Yuexiu (the “Transaction”).

The Transaction received the requisite regulatory approval on 25 September 2025 and was completed today. The Transaction results in Yuexiu indirectly holding 83.33 % of the issued share capital of Hong Kong Life through Yuexiu Insurance (Holdings) Limited. The other original shareholder Chong Hing Insurance Company Limited, a wholly owned subsidiary of Yuexiu, retains its 16.67 % of the issued share capital of Hong Kong Life. Yuexiu therefore has become the 100% ultimate owner of Hong Kong Life.

Mr. Andrew Li Feng, the new Chairman of the Board of Directors of Hong Kong Life, commented, “This acquisition represents an important milestone in Yuexiu’s strategic layout in strengthening its footprint in the financial sector. Hong Kong Life has a well-established and reliable brand and its deeply rooted relationship built with customers is highly complementary to Yuexiu’s vision of building a robust and diversified financial service platform across the Greater Bay Area. We are confident that this acquisition will unlock synergies by leveraging Yuexiu Group’s expertise across banking, insurance, securities and investment sectors, driving the innovations of financial and insurance services, energizing the retirement and medical services in the region and creating greater value to the public.” Mr. Andrew Li Feng continued, “We are confident in the long-term prospects of the Hong Kong insurance market. Yuexiu will inject HK$ 1 billion additional capital into Hong Kong Life, which can strengthen the capital foundation of Hong Kong Life, as well as its capabilities to develop more products, services and channels.”

Mr. Raymond Chang, Chief Executive of Hong Kong Life, commented, “In the past over 20 years, Hong Kong Life has built a solid and trusted business foundation, and is proud of the corporate culture and legacy that we’ve created together with our original shareholders. Today, as we become a member of Yuexiu Group, we are entering a new era full of opportunities. With Yuexiu’s robust strength and abundant resources, Hong Kong Life is well-positioned to accelerate its innovation, enhance our product quality and customer experience, and expand our market presence. This transaction will also empower Hong Kong Life with higher branding value, more diversified product offerings and stronger business momentum. Not only can the additional capital strengthen the capital foundation of the company but also uplift our capabilities of developing new products and services, especially in the retirement and health service sectors, which are our important directions for future development. In view of the aging population and the trend of more Hong Kong citizens moving northward for retirement and medical services, Hong Kong Life is determined to develop more retirement and health protection solutions with enhanced supporting services, contributing to the integration development of the Greater Bay Area. We would remain fully committed to delivering quality insurance solutions and services, striving for excellence, high quality and being trusted by customers.”

Hashtag: #YuexiuGroup #HongKongLife




The issuer is solely responsible for the content of this announcement.

About Hong Kong Life

Hong Kong Life Insurance Limited (“Hong Kong Life”) was established in 2001 and is committed in providing customers with comprehensive and convenient insurance and wealth management services through an extensive distribution network of approximately 130 distribution locations, including Chong Hing Bank, CMB Wing Lung Bank, OCBC Bank (Hong Kong), and Shanghai Commercial Bank.

On 27 December 2024, the original shareholders of Hong Kong Life entered into a share purchase agreement with Yuexiu to sell 83.33% of their shareholding interests in Hong Kong Life. Effective from 9 October 2025, Hong Kong Life has officially become a member of Yuexiu Group, marking the successful completion of the strategic acquisition of Hong Kong Life by Yuexiu.

About Yuexiu
Founded in Hong Kong in 1985, Yuexiu Enterprises (Holdings) Limited ranks top in asset size of all state-owned enterprises in Guangzhou. Yuexiu Group holds six listed platforms, namely Yuexiu Property (123.HK), Yuexiu Transport Infrastructure (1052.HK), Yuexiu Real Estate Investment Trust (405.HK), Yuexiu Services (6626.HK), Yuexiu Financial Holdings Group Co. Ltd. (987.SZ) and China Asset Management – Yuexiu Highway REIT (180202.SZ). In 2024, Yuexiu was ranked 208th in the “Top 500 Chinese Enterprises” and 11th in the “Top 100 Multinational Corporations in China”. By the end of 2024, Yuexiu’s total assets corresponding to its statistical standards reached RMB 1,138.5 billion, exceeding RMB 1 trillion.

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