June 24, 2016. On June 23, 2016, Yancheng City of Jiangsu Province was hit by extreme weather. Due to the severe disaster and casualties, Dr. Yang Sucheng, chairman of Emperor Group, promptly donated RMB 5 million to the Civil Affairs Department of Jiangsu Province to help rescue the affected area.
Funing and Sheyang of Yancheng City, Jiangsu Province, were hit by tornadoes and hailstorms on the same day, causing nearly 1,000 casualties and severe damage to a large number of buildings and roads. The National Commission for Disaster Reduction and the Ministry of Civil Affairs have launched a national level-three emergency response to disaster relief. Dr. Yang Shoucheng deeply mourned the victims and donated money through his "Yang Shoucheng Charity Fund", hoping to meet the urgent needs of the affected people.
"Yang Shoucheng Charity Fund" was established in 2008, committed to domestic disaster relief and poverty alleviation, care for the elderly and good death; And to promote the development of various non - profit - making sports, educational and cultural activities. The fund contributed a total of 6 million yuan and 1 million yuan to rescue efforts following the 2010 earthquake in Qinghai and the mudslide in Gansu and the 2013 earthquake in Ya 'an, Sichuan. The Elderly Service Centres have been set up in different parts of the Mainland to provide reception, nursing and end-of-life services. They include "Hubei Charity Hong Kong King's Care for the Elderly Care Center", "Yang Shoucheng Charity Foundation Baoding Apartment for the Elderly", "Yang Shoucheng Charity Foundation (Shunping) Elderly Service Center", "Yang Shoucheng Charity Foundation (Xiongzhou) Elderly Service Center", "Yang Shoucheng (Shunping, China) Elderly Care Center". Three other projects will be completed and commissioned within the year, including the Yang Shou-shing (Changli, China) Aged Care Centre, the Yang Shou-shing (Wing Fook, China) Aged Care Centre and the Yang Shou-shing (Fusui, China) Aged Care Centre.
About the King Group
Established in 1942, the King Group is a diversified conglomerate with core businesses including finance, real estate, watches and jewellery, entertainment films, hotels, media, furniture and catering. The Group has four subsidiaries listed on the main Board of the Stock Exchange of Hong Kong, namely, Emperor Group (International) Limited (stock code: 163), which focuses on property investment and property development, and Emperor Watch & Jewellery Limited (stock code: 163), which specializes in the retail business of luxury watches and fine jewellery. 887), King's Entertainment Hotels Limited (stock code: 296), which operates hotel and gaming business in Macau, and King's Securities Group Limited (stock code: 717), which provides securities and futures brokerage services. The Group has always been committed to implementing its corporate social responsibility in the spirit of "take from society and use society". It has set up two charitable foundations, including the King's Charity Fund and the Yeung Sze Sing Charity Fund, to assist the needy in the community.
