Drives Integrated Commercial, Residential and Hospitality Portfolio, Leveraging its 50-Year Solid Foundation

HKR International Limited ("HKRI"), rooted in Hong Kong for nearly half a century, has successfully transformed Discovery Bay into a resort-style integrated community. Leveraging its strong capital assets and extensive operational experience, HKRI has in recent years actively advanced its "Yangtze River Delta Upgrade Strategy", which, together with the "Discovery Bay 2.0 Blueprint," serves as a dual engine for sustained growth. Following last month's announcement of "Discovery Bay 2.0 Blueprint", which highlighted a Transport Interchange Complex named "DB Times Square", upgrades in land and sea transportation, construction of a multi-recreation centre, enhanced leisure facilities, a series of cultural, sports and tourism events, and the plan to unleash the area's development potential; HKRI today announces that its "Yangtze River Delta Upgrade Strategy" is advancing at full pace. With Shanghai, Jiaxing, and Hangzhou as the focus, commercial and residential projects are being developed to the rigorous standards of Hong Kong developers. The sales of a large-scale new residential project in DB North will soon be unveiled, carrying forward HKRI's craftsmanship and vision of a resort-style residential community at Discovery Bay. Meanwhile, HKRI remains committed to advancing its commercial, residential and hospitality portfolio in Hong Kong, the Yangtze River Delta area, Thailand and Japan, underscoring a forward-looking vision for sustained growth. Together, these will lay a solid foundation as HKRI approaches its 50th anniversary in 2027.

Ms. Charlotte Ho, General Manager of Branding & Marketing of HKRI, said "HKRI has long been guided by the corporate values of 'Pioneer', 'Respect', 'Innovation', 'Integrity', 'Devotion' and 'Excellence', in building vibrant communities. From Discovery Bay, where HKRI has developed for nearly half a century, to key cities across the Yangtze River Delta area, every project reflects HKRI's thoughtful long-term planning. At present, HKRI is proud to achieve new milestones in both of our core regions of Discovery Bay and the Yangtze River Delta area. As we prepare to celebrate HKRI's 50th anniversary in 2027, we look forward to working closely with our partners to strengthen our presence in Hong Kong and the Chinese Mainland, while expanding into new markets to usher in a new era of high-quality growth."

With a total investment nearing RMB18 billion, HKRI's flagship project in the Yangtze River Delta area, HKRI Taikoo Hui, has established itself as a premier trendy luxury fashion landmark. Located in the prime Nanjing West Road Business District of Shanghai, HKRI Taikoo Hui integrates experiential retail, premium office towers and boutique hotels. HKRI Taikoo Hui has consistently elevated its tenant portfolio through brand enhancement, introducing over 20 China-first stores alongside more than 30 global flagship and concept stores in the past three years. Since launching the "2.0 Upgrade" in 2022 to optimise traffic flow, HKRI Taikoo Hui proudly introduced Louis Vuitton's "The Louis", the world's only giant ship-shaped and largest installation exhibition, in June 2025. During its inaugural weekend, HKRI Taikoo Hui welcomed nearly 200,000 visitors, driving double-digit year-on-year growth in revenue across the Nanjing Road West Commercial District, as well as generating over 16 billion cumulative social media engagements.

Underpinned by HKRI's vision for long-term community development, HKRI Taiko Hui prioritises optimising its tenant mix and future growth, distinct from the traditional short-term return approach. Art curation and VR experiences possess potential in enriching overall offering and entertainment appeal, attracting and retaining a premium clientele. In April, HKRI Taikoo Hui launched two highly anticipated debuts. The global debut of "Paradise Eternal", a photo exhibition by internationally renowned wildlife photographer Mr. Jeffrey Wu - one of the most influential contemporary wildlife photographers and brand ambassador of "Magical Kenya" - was unveiled. The event was graced by the presence of Princess Marie of Liechtenstein, global ambassador of the Mara Elephant Project. Meanwhile, at HKRI Taikoo Hui, the VERS Immersive Exploration Center by The Multiverse Project welcomed the national debut of "Horizon of Khufu 2: The Secret of the Builders," an immersive VR experience developed by the French immersive VR content studio Excurio. Utilising cutting-edge technology to digitally reconstruct an immersive environment, visitors are transported back 4,500 years to ancient Egypt to explore the interior of the pyramids from a first-person perspective. This marks the first public experiential showcase of its kind since its discovery.

Building on HKRI's values of "Pioneer" and "Innovation", HKRI Taikoo Hui continues to curate a diverse portfolio of experiential initiatives spanning art, gastronomy, cultural tourism and sports. In April, Discovery Boulevard of HKRI Taikoo Hui was transformed into an immersive cherry blossom-themed promenade, while the South Garden introduced the popular "Angry Molly" large-scale sculpture matrix. In recent years, HKRI Taikoo Hui has established itself as a curator of signature citywide events, including China's inaugural Michelin Food Festival and creative night markets to boost the evening economy. HKRI Taikoo Hui has also collaborated with leading global artists and art institutions to present large-scale public art installations such as "Pez" the Crowned Little Dinosaur and the "Confetti Rabbit", as well as multiple editions of the charity public piano art campaign, "Play Me, I'm Yours".

HKRI has established a strong presence in the Yangtze River Delta region over the years. All its residential projects adhere to the rigorous standards of Hong Kong developers and follow the Discovery Bay model, focusing on low-density, comfortable living environments that create a tasteful lifestyle, exemplified by "Oasis One" in Hangzhou, as well as "Starlight One" and "Sienna One" in Jiaxing. "Sienna One", HKRI's sixth residential project in Jiaxing, features boutique residences inspired by the charm of Southern France. The sales gallery has opened, and sales and marketing are now underway. Sienna One offers a diverse selection of residences, including garden villas, premium and river-view high-rise apartments, with floor areas ranging from around 123 to 310 sq. m. It continues Discovery Bay's signature orange visual theme, featuring 12 themed gardens, complemented by a tiered spatial design that includes a bird pavilion, French-style arches, mosaic pathways, and luxurious residential lobbies. These elements combine elegance and sophistication with comfort and ease, shaping a modern and stylish architectural character.

In commercial development, HKRI has recently acquired the prime commercial land plot "2026 Jiaxiuzhou 007" in Xiuzhou District, Jiaxing, Zhejiang, marking HKRI's entry into integrated commercial development in the Yangtze River Delta region. Strategically located in the core area of Yunhewan New Town within the Xincheng subdistrict of Xiuzhou District, Jiaxing, the site offers exceptional locational value and panoramic views of the iconic Xiuhu Lake.