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HongHai Holding Group goes global from Hong Kong
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     Mainland Chinese private enterprise HongHai Holding Group announced today (March 13) that it has opened its Asia-Pacific regional headquarters in Hong Kong to leverage the city's international status and to expand its business globally.

     HongHai Holding Group is a Mainland China-based conglomerate specialised in industrial and commercial real estate development, industry investment, trading, high-technology and e-commerce businesses. Its Hong Kong company, Hong Hai Zhen Ye (HK) Investment Holding Co Ltd, will actively connect with related business sectors in Hong Kong, such as investment and financial services, innovation and technology companies, plus other Mainland Chinese enterprises.

     The Chief Executive Officer of HongHai Holding Group, Mr Peng Haiquan, said, "Our group is a well-established enterprise in the Mainland, with more than 20 years of business experience. However, we believe that we need to go global in order to expand our horizon, and Hong Kong is the ideal location for our company."

     Mr Peng added, "Hong Kong offers a well-established and comprehensive legal framework and commercial regulations. In Hong Kong, we can connect with companies in various industries from around the world, which will widen our international perspectives, thus strengthening the foundation for our group's future."

     Associate Director-General of Investment Promotion, Mr Charles Ng, welcomed HongHai Holding Group's choice of Hong Kong for its regional headquarters and said, "Hong Kong is well known as the springboard for Mainland companies to go global. We have a wide range of local and overseas companies in the city, which offer various business services for Mainland enterprises. We wish HongHai Holding Group success in its ventures in Hong Kong and beyond."

About Hong Hai Zhen Ye (HK) Investment Holding Co Ltd

     Founded in 1993, HongHai Holding Group is a conglomerate engaged mainly in industrial and commercial real estate, trading and high technology businesses. Hong Hai Zhen Ye (HK) Investment Holding Co Ltd is the group's Asia-Pacific regional headquarters. For more information, please visit: www.szhhzd.com.

About InvestHK

     Invest Hong Kong is the department of the Hong Kong Special Administrative Region Government established in July 2000 to take responsibility for foreign direct investment and support overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services to help businesses succeed in Hong Kong's vibrant economy. As of December 2013, Invest Hong Kong has completed over 3 090 investment projects creating more than 34 900 new jobs in the first year of operation or expansion and over HK$82 billion of investment. For more information, please visit www.investhk.gov.hk.

Ends/Thursday, March 13, 2014
Issued at HKT 11:00

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