Hang Lung Novel Coronavirus Relief Fund Donates Health and Food Kits to the Underprivileged

HONG KONG,Feb. 14,2020 --Hang Lung Properties previously announced a donation of RMB 10 million to set up the "Hang Lung Novel Coronavirus Relief Fund" in support of measures to stem the spread of the novel coronavirus in mainland China and Hong Kong. With protective resources in short supply within the local community,Hang Lung has allocated the first portion of the Fund to the purchase of 2,000 sets of health and food kits (containing surgical masks,sanitizer,rice,cooking oiland dry food) in collaboration with the Hong Kong Young Women's Christian Association (HKYWCA).The kits are being distributeddirectly to the most needy elderly and underprivileged families identified by the HKYWCA in TuenMun,Yuen Long,Northern District,Kwai Tsing,and Sham Shui Po. Members of the Hang Lung As One Volunteer Team helped package the kits at individual HKYWCA service centers.

Mr. Weber Lo,Chief Executive Officer of Hang Lung Properties,said,"Currently our community is facing a shortage in health protection equipment and daily necessities like rice,which is placing a great burden on the underprivileged. In this time of urgent need,we hope to provide some relief to the elderly and grassroots families by giving them these health and food kits. We are grateful for HKYWCA's enormous help in channeling our donation,and will continue to utilize the 'Hang Lung Novel Coronavirus Relief Fund' to help needy and vulnerable communities in both Hong Kong and the Mainland."

Volunteers from the Hang Lung As One Volunteer Team help package the health and food kits

Volunteers from the Hang Lung As One Volunteer Team help package the health and food kits

Each kit contains a pack of surgical masks,cooking oil and dry food

About Hang Lung Properties

Hang Lung Properties Limited (stock code: 00101),a constituent stock of the Hang Seng Index,Hang Seng SCHK High Dividend Low Volatility Index,Hang Seng Low Volatility Index,Hang Seng Corporate Sustainability Index in Hong Kong,and a member of the Dow Jones Sustainability Asia Pacific Index,is a leading real estate developer operating in Hong Kong and Mainland China. Boasting a diversified portfolio of investment properties in Hong Kong,the company has progressively branched out into the Mainland since the 1990s,with our distinctive footprint now fully established in Shanghai,Shenyang,Jinan,Wuxi,Tianjin,Dalian,Kunming,Wuhan and Hangzhou,with all the Mainland projects carrying the "66" brand. As Hang Lung's business continues to grow,the company is set to develop into a highly admired national commercial property developer in China.

For more information,please visit www.hanglung.com.

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