Mr. Hui Wing Mau is the Chairman and Executive Director of Shimao Group. He holds a number of social functions, including CPPCC Economic Committee’s Deputy Director, Vice Chairman of China Federation of Returned Overseas, Chinese Chamber of Commerce Investment Enterprises Association’s Executive Vice President, United World Chinese Entrepreneurs Association’s President, Hong Kong’s New Home Association’s President, Honorary Chairman of the Global Fanducutong Assembly, China Red Ribbon Foundation’s Executive Director, President of the Shanghai Chamber of Commerce etc.
In the late 1980s, as a patriotic Chinese, Mr. Hui responded positively to China’s reform and returned home to set up factories. He has invested in many labor-intensive industries including garment factories, plastic factories, textile mills etc. to cater for the demand at that time and contributed immensely to China’s economic development.
With the incessant urbanization process, China’s economic development accelerated continuously and the property market experienced explosive development. At that time, Mr. Hui seized the trend of the country’s development and switched full-gear to real estate development. The earliest focus was in Beijing. Then in 2000, the government pushed forward the development of Shanghai Pudong. Construction activities there were robust then, but the property market was relatively falling behind. Mr. Hui echoed the government’s strategy and shifted his business focus from Beijing to Shanghai, against the voices of many. He built the first luxury residential project with a riviera model on the coast of Huangpu River in Pudong, contributing massively to the resettlement of Pudong and improvement of people’s life qualities.
Over the past twenty years, Shimao Group has expanded its land reserve by following China’s development footsteps and policy. Under the leadership of Mr. Hui, Shimao Group has become an international, integrated investment group covering ecological residential, commercial operations, diversified hotel industry, tourism, health, theme parks and other business areas. He owns two listed companies, namely Shimao Property (0813.HK) and Shanghai Shimao (600823.CH). With over 26 years’ of experience in property development, property investment and hotel operation, he is mainly responsible for the Group’s overall strategic planning and business management. Because of his achievements, Mr. Hui has won the award “Ernst & Young Entrepreneur of the Year”, which is known as the Oscar for entrepreneur.
Shimao’s land bank covers nearly 60 cities in the country, with more than 120 large-scale development projects at different phases. These cities include Shanghai, Beijing, Harbin, Wuhan, Nanjing, Fuzhou, Kunshan, Changshu, Shaoxing, Wuhu, Yantai, Shenyang, Suzhou, Xuzhou, Hangzhou, Mudanjiang, Dalian, Ningbo, Qingdao, Xiamen, Changsha, Guangzhou, Tianjin, Chengdu, Nanchang, Wuxi, Huizhou, Jinjiang, Hainan Wenchang, Jinan, Changchun, Nontong, Shishi, Minhou, Zhang Jia Gang, Chongqing, Yinchuan, Jiangyin, Shenzhen, Hong Kong etc. The Group’s highly-acclaimed projects have been well received by property buyers and investors both within the PRC and internationally, and have been accredited numerous awards. Shimao Property concluded its 20 years of development in the property market in China and had completed the corporate restructuring of injecting commercial assets to Shanghai Shimao Co. Ltd. (“A Share Company”, SSE stock code: 600823) in 2009. The success of entering into the A share market represents an important milestone for the development of the Group.
Shimao’s investment property and hotel portfolio comprises many high-quality properties including, among others, Le Royal Me´ridien Shanghai and its retail podium, Shanghai Shimao International Plaza, Hyatt on the Bund Shanghai, Le Me´ridien Sheshan Shanghai, Beijing Shimao Tower, Shaoxing Shimao Holiday Inn, Hilton Nanjing Riverside, DoubleTree by Hilton Hotel Wuhu, Intercontinental Fuzhou, Crowne Plaza Shaoxing, Hilton Wuhan Riverside, Conrad Xiamen etc.
Going forward, Shimao Group will invest more into both upstream and downstream industries of real estate. Mr. Hui aspires not only to provide housing needs to citizens, but also contribute to the city’s infrastructure and improve living standards for people. Mr. Hui is not only a businessman, but also a contributor to the society, since he believes that a corporate’s success originates from the country and its citizens.
In addition, Mr. Hui always makes contributions to the community. He has set up four public charity funds, and funded a lot of high school fare subsidy projects. Whenever China suffered a major disaster, he would take the initiative to assist financially. For example, he donated RMB100 million for the Wenchuan earthquake in 2008 to build over 100 “Shimao Rural Charitable Hospitals”. In May 2010, Mr. Hui led several entrepreneurs and founded a non-profit charitable organization “New Home Association” in Hong Kong. The organization provides care for the new Mainland immigrants in Hong Kong regarding their living, education, training, and work etc.
Mr. Hui’s charitable acts received wide social recognition. Awards conferred to him include “Hong Kong Gold Bauhinia Star”, “Justice of the Peace”, “Shanghai Magnolia Gold Award”, “Love China — the First Chinese Charity Figures”, “Ernst & Young Entrepreneur of the Year”, “Asia Pacific’s Most Creative Chinese Entrepreneurial Leader”, “Asia Pacific’s Most Socially Responsible Chinese Entrepreneurial Leader”, “China Charity Special Contribution Award” from the Ministry of Civil Affairs of the People’s Republic of China, “China’s Top Philanthropist in 2014”, “China’s Charitable Leader in 2015”, “China’s Charity Lifetime Achievement Award in 2016” etc.