Sustainability Report 2020/21

Transitional Social Housing United Court for Underprivileged Families Partnering Hong Kong Sheng Kung Hui Welfare Council (the Welfare Council), SHKP has provided land in Yuen Long at nominal rental to develop a large- scale transitional social housing project called United Court. On completion, around 1,800 units are expected to benefit 5,000 underprivileged families. The affordable people-oriented project will be equipped with facilities and social services, including public spaces, social enterprise stores and weekend markets. The project caters to the needs of the neighbourhood and enhances the quality of the life of the residents with its community elements. SHKP and the Welfare Council will also provide employment assistance and opportunities, and vocational training, for residents where appropriate and practical. The ground- breaking ceremony for the project’s construction took place in June 2021 and the project is expected to be completed in 2022. Multigenerational Housing Project for the Young and the Elderly Adding choice and a new perspective to the housing market, our Tung Shing Lei project in Yuen Long is SHKP’s first multigenerational housing project. Of the around 1,500 apartments, not less than 10 per cent will be configured suitably for the elderly. A wellness centre, kindergarten / nursery will provide residents with easy access to healthcare services and education. The wellness centre will be equipped with recreational and healthcare facilities for the elderly. The project features elderly friendly designs for grandparents, while the children and grandchildren can live in either a same big unit or a separate unit in the same development. The project promotes the concept of multiple generations living together, which bolsters family ties. Supporting the Community Through SHKP-Kwoks’ Foundation • Sharing knowledge and practical training to enhance the skills of rural doctors Since its establishment in 2002, the SHKP-Kwoks’ Foundation (the Foundation) has actively supported the country’s call to fight poverty by sponsoring and participating in more than 75 charity projects. These have benefited more than 65,000 people across 28 provinces and cities. During the reporting year, the Foundation continued to provide scholarships to university students. This year, the Foundation donated RMB1.5 million to the Hong Kong Poverty Alleviation Association, to support the Rural Doctors Training Programme in Sichuan. Of the 500 participants, those who passed an assessment were qualified to provide health and medical services in remote villages, improving residents’ access to medical services. The Foundation also provided RMB300,000 to install solar- powered streetlights in poverty-stricken villages in Dingxi, Gansu. This enhanced living conditions for 700 families. Supporting Startup by Offering Free Fitted Co-working Space SHKP strives to empower young entrepreneurs and to promote technological innovation. We continued to offer co-working space during the year, including INDEX – jointly established with the Hong Kong Startup Council of the Federation of Hong Kong Industries, and fully equipped office premises for the Hong Kong X-Tech Startup Platform and the Federation of Hong Kong Industries. During the reporting year, more than 34 startup-focused events were held in our offices. These allowed over 650 young entrepreneurs to connect with local scholars, investors and industry experts. Value Created for Community Sun Hung Kai Properties Limited • Sustainability Report 2020/21 46