Lukfook Group Announced Construction of Lukfook Jewellery Cultural and Creative Industrial Park in Yichang City Continues to Expand its Business in the Enormous China Market

(4 April 2022) — Luk Fook Holdings (International) Limited (“Lukfook” / the “Group”) (Stock Code: 00590) is pleased to announce the building of the "Lukfook Jewellery Cultural and Creative Industrial Park" (“the Park”) at the Three Gorges International Jewellery Expo Park in Yichang City, Hubei Province, which occupies approximately 35,694 square meters of land with a gross floor area of 80,000 square meters for all facilities at the Park, expecting to come onstream in 2024 to further optimise the industrial chain and proliferate its Mainland China business.

Mr. Wong Wai Sheung, Chairman and Chief Executive Officer of Lukfook Group said, "It is with great confidence and gratitude that the project is in place in which we look forward to the future that the Lukfook Jewellery Cultural and Creative Industrial Park will serve its role as the Group's Central China headquarters. By taking part in this project, we hope to make a win-win for Yichang City and us, creating considerable job opportunities for local communities, and amass our contributions to develop a high-quality jewellery industry, as well as further enhancing the Group's business in Mainland China.”

Located in Wufeng National Industrial Park, the Three Gorges International Jewellery Expo Park is a platform to undertake the transfer of coastal jewellery industry to the mainland. It is a prime site integrating research and development, production and processing, exhibition and sales, and cultural and creative specialties of the jewellery industry.

Photos of the event:

Ground-breaking ceremony for the Lukfook Jewellery Cultural and Creative Industrial Park project, kick off by Ms. Zhang Jin'an (7^th from the right), member of the Party Committee and Vice Mayor of Yichang Municipal Government.

Ms. Wong Hau Yeung, Executive Director and Chief Operating Officer of Lukfook Group, delivered a speech.

The officiating guests jointly held the ground-breaking ceremony for the Lukfook Jewellery Cultural and Creative Industrial Park project and witnessed the important moment.

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