We will devote our energy in the transformation of our light asset businesses, through rebranding, business transformation and digitalisation, thus turning a new page in our mode of operation.

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Chairman

Through the barren winter, we come out stronger than ever

2020 has been a challenging year. It began with the COVID-19 pandemic, followed by the unprecedented economic disruption globally affecting almost every industry. As we welcome 2021, I believe our common aspiration would be to see the end of the pandemic, restore the lifestyle we enjoyed and continue to thrive. Stan Group has always been visionary and quick on its feet, by being vigilant to changes in the market, always predicting prospects and opportunities in the post-pandemic world, and formulating strategies best fit for future businesses.

The pandemic has immensely impacted the economy and inevitably our businesses, most of all, our frontline services. Despite the difficult situations, each and every department and business unit amongst the Group has demonstrated innovation and unity, working together swiftly to roll out adaptive strategies, bringing stable results amidst adversity. I would like to express my heartfelt gratitude for all the effort, solitude, perseverance and professionalism displayed by every staff member. We, with innovation and proactivity, do not aim at surviving the pandemic, but to soar in the post-pandemic world with our extraordinary competitiveness and resilience.

In the early 2020, we have formulated the RFTO strategy as our future compass, helping us navigate under the blueprint of “Transformation for Tomorrow”. The integration of Real Estate, Finance, Technology and Operation enables the transformation of our core businesses, propelling the Group towards more diversified and innovative developments. We have cleaved to our mission of creating shared value (CSV) and have the needs of society in mind as our business grows. In the future, the Group will extend its development in quality senior care to health & wellness services, and will inculcate the Greater Bay Area with the business philosophy of CSV, adopted by the Group and our affiliated businesses.

Furthermore, we will devote our energy in the transformation of our light asset businesses, through rebranding, business transformation and digitalisation, thus turning a new page in our mode of operation. A vast business ecosystem will be established through the course of integration with the Group’s real estate and financial business, driving a highly diversified development.

Stan Group has been persistent in the transformation of its core business. We are transcending the status quo and bringing about a stronger-than-ever synergy with our business strategies. Together, we have survived 2020. In 2021, let us thrive and soar.


Stan Tang