新昌 造集團有限公司 HSIN CHONG CONSTRUCTION GROUP LTD. www.hsinchong.com HEADQUARTERSHsin Chong Center, 107-109 Wai Yip Street, Kwun Tong, Kowloon, Hong Kong 總部香 九龍觀塘偉業街 107-109 號新昌中心 Tel 電話 :(852) 2579 8238 Fax 傳真 :(852) 2516 6596 Hsin Chong Property Development Limited 新昌地產發展有限公司 Room 2803-2806 Harbour Centre, 25 Harbour Road, Wanchai, Hong Kong 香 灣仔 灣道 25 號海 中心 2803-2806 室 Tel 電話 :(852) 2696 8788 Fax 傳真 :(852) 2511 0510 BEIJING 北京辦事處 HANGZHOU 杭州辦事處 OFFICE Hsin Chong Construction Group China Operations Headquarters 新昌 造集團成員中國業務總部 Room 205, 2/F, Raffles City Beijing Office Tower, No.1 Dongzhimen South Street, Dongcheng District, Beijing, PRC 100007 中 北京市 城區 直 南大街 1 北京來福士中心辦公樓 2 層 205 郵編室 :100007 Tel 電話 :(86-10) 5977 6088 Fax 傳真 :(86-10) 5977 6088-8002 OFFICE Hsin Chong Construction Co., Ltd. Hangzhou Branch 新昌 造建築有限公司杭州分公司 Room 1804, Tian Heng Building, 1509 Bin Sheng Road, Binjiang District, Hangzhou, PRC 310052 中國杭州市濱盛路 1509 號天恆大廈 1804 郵編室 :310052 Tel 電話 :(86-571) 8661 7635 Fax 傳真 :(86-571) 8761 5893 MACAU 澳門辦事處 OFFICEHsin Chong Engineering (Macau) Limited 新昌工程 ( 澳門 ) 有限公司 Venetian Cotai, Macau Parcel 3 Site Office Gate 2 Estrada Do Istmo, Cotai 澳門路 連貫公路威尼斯人渡假村 3 期地盤寫字樓 2 號閘 Tel 電話 :(853) 8506 3333 Fax 傳真 :(853) 2857 6000 HCCG Building and Civil Engineering (Macau) Limited 新 房屋及土木工程 ( 澳門 ) 有限公司 Em Macau, Avenida De Marciano Baptista N o S 8-54-C, Centro Comercial Chong Fok H11 J11 澳門畢仕達大馬路 8-54-C 號中福商業中心 H11 J11 Tel 電話 :(853) 2882 7890 Fax 傳真 :(853) 2878 2778 GUANGZHOU 廣州辦事處 OFFICE Guangzhou Xinying Property Consultancy Company Limited 廣州市新 地產顧問有限公司 Suite A, 10/F., Da Ma Zhan Commercial Centre, 33 Zhongshan Wu Road, Yue Xiu District, Guangzhou, PRC 510030 中國廣州市越秀區中山五路 33 號大馬站商業中心 10 樓 A 室郵編 510030 : Tel 電話 :(86-20) 8317 7188 Fax 傳真 :(86-20) 8317 7642 TIELING 鐵嶺辦事處 OFFICE Hsin Chong Construction Co., Ltd. Tieling Branch 新昌 造建築有限公司鐵嶺分公司 Construction 建築項目公司 Project Office No.117-123, Building E14, Northeast City, Diamond Street, Tieling New downtown, Liaoning Province, PRC 112000 中國遼寧省鐵嶺市新城區鑽石路東北城 E14 棟 117-123 郵編 112000 : Tel 電話 :(86-24) 7223 8526 Fax 傳真 :(86-24) 7223 8793 Property Project 地產項目公司 Office 6/F Jinying Building, No. 11 Jinsha River Road, Fanhe New District, Tieling, Liaoning China, PRC 112000 中國遼寧省鐵嶺市凡河新區金沙江路 11 號金鷹大廈 6 樓郵編 112000 : Tel 電話 :(86-24) 7499 5888-666 Fax 傳真 :(86-24) 7499 5999 A publication of Hsin Chong Construction Group 新昌 造集團通訊 Printed on recycled paper
What s New 最新消息 Hsin Chong Awarded Two New Civil Contracts 新昌獲兩份新土木工程合約 Hsin Chong is pleased to announce it recently won two new civil engineering contracts. The first is a contract from MTR Corporation to carry out advance works for the new North-South Line of Shatin to Central Link. The project comprises civil and structural works, including pile removal, the provision and modification of emergency vehicular access, footpath and road features, site clearance and utility diversions. It also involves the construction of a temporary box culvert, protection, transplanting and removal of trees, and the design and implementation of a temporary traffic management scheme. The second contract is for site formation, excavation and lateral support, foundation and pile cap works at Kowloon Inland Lot No. 11227 for Classic Gold Holdings Limited, a subsidiary of Kerry Properties. The site is located at the junction of Sheung Lok Street and Sheung Sing Street in Ho Man Tin. It has an area of 24,077 square metres and is designated for private residential 新昌最近獲得兩份新土木工程合約 第一項是港鐵沙田至 中環綫南北走廊前期工程 項目涉及的土木及結構工程包 括移除樁柱 提供和改善緊急車輛通道 行人通道或道 路 清理工地及遷移公共設施 合約內容亦包括建造臨時 箱形暗渠 樹木保護 移植和移除 以及設計和實施臨時 交通管理措施 另 一 份 合 約 來 自 嘉 里 建 設 旗 下 Classic Gold Holdings Limited 內容是進行九龍內地段第11227號地盤平整 挖掘及側向承托 地基及樁帽工程 該地皮位處何文田 常樂街與常盛街的交界 面積24,077平方米 擬用作私 人住宅發展用途 合約工程已於2月開展 預期於2015 年竣工 development. Works began in February and are expected to finish in 2015. Ir Joseph Choi Featured Speaker at Career Forum 蔡健鴻工程師擔任職業論壇演講嘉賓 Ir Joseph Choi, Executive Director of Hsin Chong, was a featured speaker at the CEO Sharing Conference of the inaugural Classified Post Career Forum held on 4 March for university students and fresh graduates. Ir Choi shared his insights and personal experiences from his professional journey. He encouraged aspiring young engineers to equip themselves proactively and always be mindful of the needs of society. Embracing challenges and adapting to change with an innovative mind are key, remarked Ir Choi, who also joined other distinguished speakers in a lively discussion and Q&A session. As a supporting partner of the event, Hsin Chong set up an information booth for attendees to learn more about the company. Later in April, Ir Choi will support Classified Post s Shadow a CEO Programme. 新昌營造執行董事蔡健鴻工程師獲邀出 席於3月4日舉行的首屆 $MBTTJmFE 1PTU $BSFFS 'PSVN 並在CEO分享會中擔任 演講嘉賓 為大學生及應屆畢業生提供專 業意見 蔡工程師分享個人專業生涯的得著和經 歷 鼓勵有志投身工程界的年青人積極裝 備自己 同時不要忽略社會群眾的所需所 想 他寄語參加者 必須勇於接受挑 戰 以創新思維適應變化 除發表演講 外 蔡工程師亦與其他嘉賓進行現場討論 及參與問答環節 作為活動的合作夥伴 新昌當日在場內設 立資訊攤位 讓參加者對集團有更進一步 的了解 此外 蔡工程師將支持$MBTTJmFE 1PTU 於4月舉辦的 4IBEPX B $&0 計劃 Spring Issue 2014 1
What s New What s New Hsin Chong s Support to Society Going Strong in 75 th Year Now in its 75 th year, Hsin Chong is as fully committed to giving back to society as at any time in its rich history. The Group supports a diverse array of charitable organisations and causes, benefiting people from all walks of life, from the needy and underprivileged to those who provide welfare services for them. The Group also plays an active role in supporting education as well as arts and cultural initiatives through donation and sponsorship. Embracing a true caring spirit, Hsin Chong has enjoyed reaching out to help others. Recently, the Group was awarded the 10 Years Plus Caring Company Logo by the Hong Kong Council of Social Service in recognition of its commitment to Caring for the Community, Caring for the Employees and Caring for the Environment over the years. Hong Kong Red Cross (HKRC) Hsin Chong made a donation to the Hong Kong Red Cross to support its new headquarters redevelopment project, due for completion by mid of 2015. The new headquarters will provide an extended platform for HKRC s humanitarian work, allowing it to serve more people in need. Hong Kong Baptist University Foundation Hsin Chong supports the sustainable development of the education sector through a donation to Hong Kong Baptist University Foundation. The donation will be used to support the university s institutional advancement. Hong Kong String Orchestra (HKSO) In an effort to promote the arts and cultural development in the local community, Hsin Chong is supporting the Hong Kong String Orchestra launched last July by renowned violinist Jue Yao. The HKSO was established to train young musicians for live performances. The Hong Kong International Film Festival Society (HKIFFS) For a second year running, Hsin Chong supported the Hong Kong International Film Festival as a Festival Partner. The Group collaborated with HKIFFS to host four free screenings for students with an aim to nurture an interest in art and film as well as inspire young people s creativity through high-quality films. Hsin Chong also sponsored the Asian Film Awards, another flagship cultural event of the film industry. Project HOME Hsin Chong made a donation to the charitable group Social Enterprise Limited (SEL) in support of its Project HOME. SEL was set up with an aim to create jobs and serve the underprivileged. Under Project HOME, it will train the unemployed to serve and take care of elderly in need. Project HOME Project HOME The Neighbourhood Advice-Action Council (NAAC) Hsin Chong sponsored the NAAC s 45th anniversary charity dinner held at Conrad Hong Kong Hotel in February. The NAAC is a non-profit social service agency promoting self-help, integration and mutual support. The charity dinner helped raise funds for NAAC s multifaceted welfare services for children, youngsters and the elderly. 2 Spring Issue 2014 3
What s New What s New Pak Tsz Lane Park Wins Design Awards In 2013, Pak Tsz Lane Park in Central won two awards for its outstanding architectural design. These include a Merit Award for Urban Design presented by the American Institute of Architects Hong Kong Chapter, and the Design for Asia Award Bronze Award by Hong Kong Design Centre. Hsin Chong is pleased to have played a part in this award-winning project as the main contractor for Pak Tsz Lane Revitalisation. The design of the park was themed on the Origin of Chinese Revolution, combining green features and recreational facilities with interactive elements. The site is a stop on the Dr. Sun Yat-sen Historical Trail and was home to the Furen Literary Society. Construction of Pak Tsz Lane Park was completed in 2011, which marked the centennial anniversary of the 1911 Chinese Revolution. Safety Programme Focuses Attention on Pre- and Post-Holiday Safety Awareness On 22 January, the Shatin to Central Link Contract No. 1109 project team joined with the Occupational Safety & Health Council and RTHK to stage a safety promotional show at its Kowloon City project site. Held in time for the Chinese New Year holiday when accident rates historically increase, the event promoted safety awareness among workers with the goal of reducing accident risks. Two Projects Commence with Bai Sun Ceremonies The main contract for a luxury residential development in Kau To Shan celebrated the commencement of work with a bai sun ceremony on 13 December 2013. Hsin Chong s senior management, its clients and the project team took part in the event. Ir Joseph Choi, Executive Director of Hsin Chong, noted, We are excited about taking this large-scale project forward with our partners from Kerry Properties, Sino Group and Manhattan Group. On 21 January, another new project Public Rental Housing Development at Ex-Au Tau Departmental Quarters kicked off with a traditional bai sun ceremony at the project site in Yuen Long. Cyras Chin, Director of Hsin Chong Construction Company Limited, said, Our team will work closely with the Housing Authority on this new residential project and ensure that it is constructed to the highest quality standards. The programme featured singers to perform and communicate the importance of workplace safety and health through games relating to safety precautions. There was also a lucky draw, and fortune bags were distributed to reward site workers hard work. Participants enjoyed the fun activities and were well reminded to maintain proper site safety measures. Site Workers Warm Up for Work with Baduanjin For frontline site workers, a daily dose of morning stretches is important for them to warm up for work and reduce the risk of injury. At Hsin Chong s Third Street Residential Development project site, site workers take it further by practicing Baduanjin, a qigong exercise that also helps to enhance overall wellness and health. Led by a well-trained team member, Baduanjin has been a routine exercise at the site for well over a year. 4 Spring Issue 2014 5
Anniversary Feature Hsin Chong s annual cocktail reception held on 21 March proved an especially remarkable occasion as the company kicked off its 75 th anniversary while celebrating another successful year with its clients and partners who have staunchly supported the Group. Held at the Hong Kong Club in Central, the annual cocktail reception was attended by approximately 400 distinguished guests and officiated by the Honourable John Tsang, GBM, JP, Financial Secretary of Hong Kong. Mr. Tsang was joined by Dr. Wilfred Wong, SBS, JP, Chairman and CEO of Hsin Chong, in unveiling the slogan Building with Heart for 75 Years to kick off Hsin Chong s 75th anniversary celebration. In his welcome remarks, Dr. Wong observed, While it is intriguing to look at past history, the Hsin Chong story is one of continuing adaptation, flexibility and initiating the necessary changes to enable the firm to grow into what it has become today a fully integrated construction and property development group able to deliver sustainable results over the long term. Annual Results Reach New Highs Hsin Chong s continued success story is reflected in its annual results, which were released on 17 March. During the financial year ended 31 December 2013, Hsin Chong recorded robust financial results. Turnover excluding nominated subcontractors works was HK$9.1 billion, a growth of 4% over the same period last year. Profit attributable to shareholders was HK$185.4 million, a growth of 3% over the same period last year. The Board recommended payment of a final dividend of HK two cents per share. At the cocktail reception, Dr. Wong stated, Our construction business has grown in terms of order book, revenues and gross profits earned. He added, All the construction and property business divisions produced appealing results on the back of the Group s business strength, our effective strategies, the capability and commitment of our people as well as a general increase in market activity. Over the years, Hsin Chong has diversified as well as strengthened its business lines and has now developed into a fully integrated construction and property development group, delivering sustainable and favourable results. Indeed, the 2013 results reveal that Hsin Chong is experiencing a positive transformation. The company achieved new record highs driven by each business division. 6 Spring Issue 2014 7
Anniversary Feature Construction Business Enjoys Wide Spectrum of Clients With respect to the Group s construction business, Dr. Wong noted, Our construction business has lived up to its distinguished reputation for quality, reliability and integrity, meeting the many stringent targets for safety levels and quality standards whist achieving business growth. Hsin Chong s transformation is most evident in its exciting property development projects in the Chinese Mainland. The Group continued to make encouraging progress on La Viva, the unprecedented largescale property development project in Tieling New Town, Shenyang. La Viva represents a new style of suburban living that offers a total quality proposition, including residential, entertainment, education, community facilities, tourist attractions and more. Dr. Wong said. It aspires to become a model for new sustainable suburban town development in the Chinese Mainland. The Phase 1 residential sales launch will be tied to the phased opening of the outlets and water park in the second half of 2014. The project is on track to be developed over a six-to-ten-year period in four phases. Following the acquisition of land parcels in Tieling in 2011, the Group completed another very substantial property acquisition in Beijing, New Times Plaza, in September 2013. Dr. Wong explained, The project improves and diversifies the Group s income stream as well as builds the Group s property assets portfolio base. New Times Plaza comprises a three-storey commercial mall and 168 SOHO units with a total gross floor area exceeding 69,000 square metres. Occupancy rate in both the mall and the residential tower have picked up favourably since the Group took over management. The plan is to revamp the trade mix over the coming years to further strengthen the mall s retail offering, enabling the Group to generate a stable source of income. Dr. Wong said, Hsin Chong will continue to evaluate and act on opportunities to further grow its property portfolio and strive to become a leading brand in the Mainland s real estate market. Property Development Leads Group s Transformed Role In construction, Hsin Chong tallied new highs in 2013 in both revenue and gross profit. Core construction business revenue for the year grew by 4% to HK$8.3 billion, and its gross profit rose 5% to HK$422 million. These figures show that the Group s solid financial performance resulted from an ability to replenish orders and secure repeat business. We secured over HK$10 billion in new contracts and our outstanding value of contracts on hand exceeds HK$17 billion $24.5 billion including nominated subcontractors works setting another record for Hsin Chong. Dr. Wong said. Consistent with tradition, the Group s Building division continues to be the major contributor to financial results. The 2013 growth stemmed from the division s well-diversified portfolio of contracts, ranging from government to public institutions to prestigious private clients. 8 Spring Issue 2014 9
Anniversary Feature In Hong Kong, the Group completed two public housing projects in Shatin, the City University of Hong Kong Academic and Administration Building as well as the Hong Kong Sports Institute and NTT Data Centre. During the year, the Group secured several contracts including two public housing projects at Tung Chung and Yuen Long, Tsuen Wan Adventist Hospital and a private residential development at Kau To Shan, Shatin. In Macau, firmly established relationships bloomed with two major gaming concessionaires, Venetian and Galaxy. Construction at Galaxy Resort and Casino Phase 2 and the Venetian s Parcel 3 project at Cotai Strip have progressed well. In addition, Hsin Chong is working in Macau on campus development at St. Joseph University and in 2013 landed a promising new contract to upgrade works at the wastewater treatment plant in Macau peninsula. For its part, the Civil Engineering division is also making steady advances. The division now manages six MTR projects including Express Rail Link s West Kowloon Terminus Station South, Express Rail Link s Huanggang to Mai Po Tunnels, Shatin Central Link s Tunnel and Stations of Sung Wong Toi and To Kwa Wan, South Island Line s Wong Chuk Hang Depot, foundation works at MTR Nam Cheong Station, together with a new contract for Shatin Central Link s Advance Works for North South Line. Similarly, the Interiors & Special Projects (ISP) division, an integral part of the Group s subsidiary Synergis Holdings Limited, delivered another year of excellent performance. Its quality alterations and additions, renovations and fitting-out services provided a varied mix of prestigious clients and won wide acclaim and recognition. Looking Forward Property and Facility Management Business Continues to Thrives As for property and facility management, Synergis maintained its superb performance as a leading independent property manager in Hong Kong. Its delivery of high-quality services has allowed Synergis to reliably bring in healthy revenue and profit for the Group. Thanks to high contract renewal rates and quality services, revenue for the division in 2013 totalled HK$791 million, and gross profit reached HK$117 million. Hsin Chong has every reason to be upbeat about 2014 and beyond. Hong Kong government authorities plans to continue certain mega-sized infrastructure projects and public housing projects will likely translate into work opportunities for the Group. Hsin Chong is on the cusp of another defining moment, transforming the way business is done. Dr. Wong explained, Having made a substantial entry into property development and the investment business in the Chinese Mainland, we are broadening Hsin Chong s base of profit-generating business. This move will bring tremendous growth in both revenue and earnings to our shareholders in the coming years. He added, We are now a bigger, more specialised, more dynamic and more forward-looking company than we have ever been. Hsin Chong management is confident that, given its expertise as well as its talented and capable colleagues, the company is well-positioned to keep up its tremendous growth. In travelling a carefully considered road to prosperity in everything it does, Hsin Chong and the can-do spirit of its people ensure that the company will live up to its name, just as it has the last 75 years. 10 Spring Issue 2014 11
Awards Property Development Hsin Chong Wins Good Housekeeping Award Wonderful Spring Dinner Celebration in Tieling Hsin Chong was recognised at the Good Housekeeping Forum and Award Presentation 2013, held at the Hong Kong Convention and Exhibition Centre on 17 December 2013. Nearly 230 entries competed for the Good Housekeeping Award honouring exemplary practices that improve the working environment. Hsin Chong won a Merit Award for maintaining good housekeeping at the project site of XRL Contract 802 - Nam Cheong Property Foundation Removal/Reprovisioning. Organised by the Occupational Safety & Health Council and the Construction Industry Council, the annual award scheme aims to encourage all industries to improve their workplace safety and health. 802 Hsin Chong Clinches Two Occupational Health Awards At the Occupational Health Forum and Award Presentation 2013-2014 held on 18 February, Hsin Chong received two awards, comprising a Bronze Award in the Work Stress Management Best Practices category for the XRL Contract 802 - Nam Cheong Property Foundation Removal/Reprovisioning project and a Merit Award in the Prevention of Pneumoconiosis Best Practices category for Residential Development at Third Street. La Viva s annual spring dinner took place in Tieling on 10 January 2014 and brought together La Viva s project leaders and staff members. Dr. Wilfred Wong, Chairman and CEO of Hsin Chong, attended the annual dinner and gave an appreciative speech recognising the hard work of all project members in 2013. He said that 2014 will be a challenging but successful year for La Viva. He therefore encouraged all project members to continue working as a team and cooperate with different departments in order to make La Viva one of the best landmarks in Tieling as well as Northeast China. All the stunning performances at the annual dinner were designed and organised by La Viva project team members, including singing, dancing, a musical, a doublereed performance, and a skit that depicted life in Northeast China. The audience enjoyed the performances and appreciated the team spirit and the performers cheerful attitude. In 2013, La Viva project team members accomplished various tasks with great success including the La Viva Model Contest, the opening of three La Viva Sales Centres, and the pre-launch of La Viva Grand Park. In 2014, La Viva will continue to follow Hsin Chong s vision and commitment to build world-class residences and provide a better living environment and all-round facilities for people not just in Tieling but also throughout Northeast China. Organised by the Occupational Safety & Health Council, the Labour Department, the Pneumoconiosis Compensation Fund Board and the Occupational Deafness Compensation Board, the awards recognise organisations that have implemented effective measures to address work stress management, hearing conservation and prevention of pneumoconiosis among employees. 12 Spring Issue 2014 13
CSR CSR Staff Unites for Community Chest Walk for Millions On 5 January, over 100 colleagues participated in the Community Chest Hong Kong and Kowloon Walk for Millions to raise funds for the organisation s Family and Child Welfare Services. Led by the Group s senior management, staff members from all levels were eager to once again give support to this meaningful event. The team set out from Hong Kong Stadium and went all the way to Aberdeen Country Park Visitor Centre, finishing a distance of approximately 10 kilometres. Dr. Catherine Chu, Executive Director of Hsin Chong, said, We are delighted to see our staff and their families uniting for a charitable cause. Their care shows that concern for the community is deeply rooted in Hsin Chong s culture. Hsin Chong Athletes Shine at CIC Sports Day Hsin Chong s athletes participated in the 2014 Construction Industry Sports Day cum Charity Fun Day organised by the Construction Industry Council on 16 March at Kowloon Bay Sports Ground. Hsin Chong s team competed in a number of track and field events and obtained eight medals in total, including two gold medals, one silver and five bronze. The day-long outing allowed participants to get acquainted and develop friendships while enjoying sports. 14 Spring Issue 2014 15
Photo Gallery Photo Gallery Shek Mun Data Centre Completed Hsin Chong s data centre project at Shek Mun was recently completed. The data centre is located at the junction of On Yiu Street, On Kwan Street and On Lai Street in Shatin. The scope of works for the Shek Mun Data Centre included the construction of a twostorey basement car park and a 13-storey composite building, the latter comprising five storeys of data halls to Tier III standard as well as seven storeys of office space. The building also houses a sky garden, a canteen and leisure facilities. The total gross floor area is approximately 44,000 square metres. III 16 Spring Issue 2014 17