An MOU Signed Between Dasin Real Estate Holdings and Stan Group

The signing ceremony of the MOU on the project of [Dasin  Sunshine City] between Dasin Real Estate Holdings Co., Ltd. and Stan Group were held simultaneously in the Chinese mainland (Dasin Holdings Zhongshan Headquarters) and Hong Kong (Stan Group) and completed successfully. Mr. Zhang Kaicheng, Chairman of the Board of Directors of Dasin Holdings, Mr. Lin Shujian, General Manager of Strategic Investment Center of Dasin Holdings, Mr. Deng Yaosheng, Chairman of Stan Group, Mr. Huang Jianjun, Executive Director of Gear Financial, and representatives of the management of both parties attended the signing ceremony.

 
Group photo of senior representatives of Dasin Holdings Zhongshan Headquarters and Hong Kong Stan Group via online video

Due to the impact of the epidemic, the signing ceremony of the MOU on the project of  [Dasin  Sunshine City] was held by the two sides via live webcast. The signing indicates that Dasin Real Estate Holdings Co., Ltd. and Stan Group will take advantage of the resources of both parties to carry out strategic cooperation on the real estate for the elderly and “medical care, food, housing and transportation” commercial supporting facilities in the Greater Bay Area, and then develop a series of closer partnerships.

 
Senior representatives of Dasin Holdings Zhongshan Headquarters and Hong Kong Stan Group are signing the MOU online

Mr. Lin Shujian, General Manager of the Strategic Investment Center of Dasin Holdings Group, said, “This is a mutually beneficial and win-win alliance, which will make the project of [Dasin  Sunshine City] well known to Hong Kong customers and thus open up the Hong Kong market, and also facilitate the project of [Dasin ⠐ Sunshine City] to introduce advanced service concepts and high-quality management and operation experience of high-end elderly care institutions in Hong Kong, thus improving the influence and popularity of the project. Therefore, I hope we will complement each other’s advantages, share resources and seek common development through this cooperation!”       
Mr. Deng Yaosheng, Chairman of Stan Group, said, “This cooperation with Dasin Real Estate Holdings Co., Ltd. is a strong alliance. With the strength of Dasin Real Estate Holdings Co., Ltd., plus the rich experience of Stan Group in the management and operation of hotels, catering and clubs, in combination with the professional elderly care service team of our new force - Pine Care Group (HKEX: 1989), the synergy effects generated will surely infuse excellent and professional service standards into the project of [Dasin  Sunshine City], and promote the overall value of the project to a higher level. This cooperation between the two parties will not only be a milestone for Stan Group to expand its health care business to the Greater Bay Area, but also enhance the service level of the overall elderly care industry in the Greater Bay Area.”

 
Group photo of representatives of Dasin Real Estate Holdings Co., Ltd. and Stan Group after the signing of the MOU

The cooperative project – [Dasin Sunshine City] is developed by Dasin Real Estate Holdings Co., Ltd., which is affiliated with Dasin Holdings, so the project of Vitality City will share Dasin Holdings industrial ecological chain resources of commerce, property, architecture, property management service, retail, catering, food, hotel, technology, education, culture, finance, medical care, travel and so on; in addition, with a good reputation in the industry, Stan Group operates over 40 respected brands, and has developed The Wave and Hong Kong’s first private comprehensive health community project. Therefore, the project of Vitality City will bring together the strongest resources of both parties.

Through the signing of the MOU, the signing representatives of both parties stated that in the future, the two companies would work together to develop a series of closer partnerships for the elderly care market in the Greater Bay Area, and fully utilize and integrate their core resource advantages for in-depth and comprehensive cooperation, so as to provide Hong Kong seniors with better community elderly care services in the future, alleviate the problems of Hong Kong’s population aging and lack of land in the future, create a new win-win situation, and practice the goal of building a better society for elderly care.

 
Senior management of Dasin Holdings and Stan Group are holding an online video conference

About Stan Group
Stan Group (Holdings) Limited (“Stan Group” or “the Group”) is a leading conglomerate that has expanded from a property investment business into a diversified corporate. We are committed to sustainable business development and social investment. We operate more than 40 respected brands across six business pillars: property, hospitality, communication services, financial services and two pillars driven by The STILE, namely senior care services and entrepreneurial platform. Our vision is to drive vibrancy of society, and we adhere to the core values of innovation, collaboration, human orientation and entrepreneurial spirit, aiming to become the premier conglomerate with success underpinned by creating shared value for our shareholders, business partners, customers, employees and society.