SHKP Quarterly

Valais 天巒 The Group's shopping malls, commercial buildings and residential buildings, together with car parks managed by it subsidiary, Wilson Group, have installed a total of about 2,300 charging stations to promote green transport 集團旗下的商場、商廈、住宅物業，以及由附屬公司威信管理的停車場，已設有約 2,300 個充電站，以推廣綠色交通 All-out effort to promote green transport The Group has extended its carbon emission reduction efforts to promote the development of green transports in Hong Kong. Kowloon Motor Bus Company (1933) Limited (KMB), of Transport International, in which the Group is a major shareholder, started installing solar panels last year. The ultra-thin solar panels were also installed on the bus roof of the newly purchased electric double-decker buses to supply electricity for onboard facilities, further utilizing renewable energy on zero-emission electric buses. The company targets to install 30,000 solar panels at its bus depots, bus stops, and bus roofs by the end of 2023, becoming one of the largest solar energy systems in the city among franchised bus companies. SHKP also encourages the use of electric vehicles. As at the end of June 2022, the Group's shopping malls, office buildings and residential developments, together with car parks managed by its subsidiary, Wilson Group, had a total of about 2,300 charging stations, a large network of electric vehicle charging stations in Hong Kong. The Group’s property management companies have worked with Wilson Group to communicate with the owners of the parking lots it manages on a regular basis, and proactively promote the installation of electric vehicle charging areas in its relevant properties to meet the needs of more electric vehicle drivers. Meanwhile, KMB has set a clear timetable and route map to switch to new energy buses for its entire fleet. In April this year, KMB officially launched 16 new-generation, single-decker electric buses. KMB has also purchased 52 electric double- decker buses that will arrive Hong Kong next year, making the total number of electric buses owned by KMB to over 80. KMB plans to purchase 500 more electric buses by 2025 and to upgrade the entire fleet to new energy buses by 2050. The company has planned to build two new multi- storey bus depots for electric buses that could support the sustainability switch. All this can help improve road air quality and reduce carbon emissions, supporting Hong Kong to achieve the low-carbon transition. Feature Story Vol 105 • Q3 2022 • SHKP Quarterly 6