Sustainability Report 2021/22

Value Created for Community Transitional Housing - United Court for Underprivileged Families To develop a large-scale transitional housing project, SHKP has partnered with the Hong Kong Sheng Kung Hui Welfare Council to provide land at a nominal rental in Yuen Long. United Court was opened in June this year, becoming Hong Kong’s largest project of such in full operation. The project adopted MiC construction methods and took less than 20 months from application, construction to completion, reflecting high efficiency from the teams and partners. A total of 1,800 units with various room types are provided and it is expected to house up to 5,000 families. Its people-oriented design includes amenities ranging from recreational spaces to social enterprise stores and weekend markets. Employment assistance and vocational training will be offered to residents where appropriate and practical. Multigenerational Housing Project for the Youth and the Elderly While our first multigenerational housing project at Tung Shing Lei in Yuen Long is currently underway, we are also putting extra effort into developing another mega residential project in Sai Sha, which also embraces a multigenerational living concept. The architectural designs of some units incorporate an ‘adaptable-unit’ approach, providing more flexible and amenable layouts and features that cater to elderly residents’ needs, including wider corridors and door openings, extra turnaround space, larger washrooms with additional handrails, etc. We offer caring services such as housekeeping, meals, health fitness planning, interest groups, mentoring programmes and activities to bond seniors and younger generations in the estate. We also provide clubhouses, wellness hubs with medical services and convenient transport links that accommodate the needs of the elderly and encourage their interactions with the community. Through the mix of age-friendly designs, supportive facilities and caring services, elderly residents can reside comfortably and happily in the same housing complex along with their children and grandchildren. United Court is one of the largest transitional housing project in Hong Kong Supporting the Community Through SHKP-Kwoks’ Foundation The SHKP-Kwoks’ Foundation has supported the country’s call to fight poverty since 2002. To date, it has been involved in about 80 charity projects and sponsored more than RMB710 million, with over 68,000 beneficiaries across 28 provinces and cities. The Foundation has also supported about 10,500 beneficiaries to complete their secondary, undergraduate and postgraduate studies, as well as professional training. The foundation has invested in supporting China’s underprivileged during this reporting year: • Signed the fourth donation agreement for the Hunan University scholarship, which was set up almost 20 years ago. Total donations exceeded RMB16 million, benefitting nearly 3,000 students. The scholarship alumni initiated the New Wing Fund donation project in 2018 to pass on the spirit of helping others. In line with this, Hunan University is planning to set up a SHKP-Kwoks’ Foundation Scholarship Programme to sponsor student to develop their abilities and explore opportunities for internships and exchange programmes • Signed the donation agreement for scholarship programme with Southwest University, which was set up in 2007. Total donations of RMB10 million have benefitted nearly 2,500 students This year, the Foundation continued to provide scholarships and bursaries in various tertiary education institutes on the mainland and abroad, helping promising students from low-income families complete their studies. Our student unions and alumni have actively participated in community care services by providing voluntary teaching services to primary and secondary students in remote rural villages, visiting homes of the elderly and helping our country to combat various diseases. To promote the Chinese culture, the Foundation continued to collaborate with The Academy of Chinese Culture to publish Lectures on the Chinese Culture series – Chinese Culture and Contemporary China, comprising a series of works by famous academics. This funded project will allow a wider public to have a better understanding of Chinese culture. Supporting Startups via Hong Kong X-Tech Startup Platform SHKP values young entrepreneurs and strives to promote technological advancements. This year, we continued to provide fully equipped office premises for the Hong Kong X-Tech Startup Platform (HKX) which has committed to and invested in seven new startup projects and will continue to look for other startups with potential. SHKP and HKX have also co-organized a series of student events on the latest technologies, aiming to link industry experts with our younger generation in Hong Kong to promote entrepreneurship. 53 Sun Hung Kai Properties Limited • Sustainability Report 2021/22