EQS-Announcement
GF Securities Devoted Continued Support to HKUST Entrepreneurship
Competition to Fulfill Initial Intentions
09/07/2019 / 19:15 UTC+8
The issuer is solely responsible for the content of this announcement.
*For Immediate Release 9 July 2019*
*??????????
GF SECURITIES CO., LTD.*
(A joint stock company incorporated in the People's Republic of China with
limited liability)
(Stock Code: 1776.HK; 000776.SZ)
*GF Securities Devoted Continued Support to HKUST Entrepreneurship
Competition to Fulfill Initial Intentions
Encouraging Innovation and Entrepreneurship among College Students*
The Hong Kong Final of the entrepreneurship competition hosted by the Hong
Kong University of Science and Technology ("HKUST") (the "Competition") came
to a successful end. After several rounds of fierce competition, the Horizon
Biochip team won the President Award and the "GF Innovation Award" sponsored
by GF Securities Co., Ltd. ("GF Securities", stock code: 1776.HK; 000776.SZ)
with "CryoChip that automates the process of preserving embryos/oocytes in
IVF medical procedure".
The HKUST entrepreneurship competition was held annually startingfrom 2011
and this year marks its 9th anniversary. It has evolved from a Hong
Kong-only competition to an influential nationwide entrepreneurial event
spanning all Greater China regions and has given birth to a number of
well-recognized start-ups and entrepreneurship projects. As a platinum
sponsor of this competition, GF Securities has supported the event for three
consecutive years. In the past three years with more than RMB1 million in
donation to promote the effective matching of outstanding entrepreneurial
projects and fund-providers so as to provide entrepreneurial support for
young students. This year, GF Securities specifically helped set up a "GF
Innovation Award" in order to encourage and recognize outstanding
entrepreneurial teams for their innovation. The President Award winner,
Horizo??n Biochip showed strong originality and application potential in its
innovative biochips and the company has applied for patents on its
technology, therefore won the "GF Innovation Award" for their outstanding
innovation in the assisted reproduction area.
Mr. Jarret Sha, Managing Director of GF INVESTMENTS (HK), under GF
Securities' subsidiaryGF Holdings (Hong Kong) Corporation Limited ("GF Hong
Kong"), was invited to present awards to the winners on behalf of GF
Securities. Mr.Sha said, "This year's competition impressed us with more
mature entrepreneurial teams and start-up projects with more commercial
value compared to those of last year. The participants put forward very good
ideas, some of which even filled the 'gaps' in certain commercial areas. As
an investment company focused on SME equity investment at home and abroad
with rich investment resources and management experiences for start-ups, GF
INVESTMENTS (HK) spares no efforts in promoting the entrepreneurship of the
younger generation in Hong Kong and cultivating more outstanding
entrepreneurs-to-be. Commenting on the winner of the 'GF Innovation Award',
Mr. Sha said, "GF INVESTMENTS (HK) offers a unique industry advantage in
biotech field. In the future, we can discuss with the winning team for
further investment and help them grow their project."
As a strong sponsor of the competition for many years, GF Securities
followed through the competition instead of merely providing financial
support. This year, GF Securities appointed a seasoned investor, Dr.
Yingying Chen, Managing Director of GF INVESTMENTS (HK), to serve as judge
in the final round again, to guide the participating teams and facilitate
the event. Dr. Chen said, "The competition provided a good communication
platform for young entrepreneurs. There are more biotechprojects comparing
to the previous competition. This is precisely the area that GF INVESTMENTS
(HK) has been focusing on. I believe this was prompted by the issuance of
new rules for listing biotech company on the main board of Hong Kong Stock
Exchange last year. Students paid close attention to changes in the capital
market and took advantage of Hong Kong's unique financial edge. GF
Securities and its subsidiary, GF Hong Kong are willing to fully support
outstanding entrepreneurs to realize their dreams and ambitions in the
pursuit of entrepreneurship."
GF Securities is a comprehensive service provider for domestic and overseas
capital markets with an emphasis on China's premium enterprises and high net
worth individuals. The continued support for entrepreneurial events embodies
GF Securities' charity philosophy of "Gathering Love from the Bottom of
Heart" and showcased GF Securities' commitment to fulfilling its social
responsibility. Aside from supporting entrepreneurial events in Hong Kong,
GF Securities set up a "GF Securities Social Charity Foundation" together
with its three subsidiaries and carried out various activities such as
"Small-scale Start-up Campaign for College Students", investing more than
RMB10 million accumulatively to inspire students to innovate and start
businesses and help them build up the related skill sets. In the future, GF
Securities will carry on its initial intentions, continue to give back to
the society and promote domestic and overseas youth entrepreneurship with
its experience and strengths in the capital market while developing its own
businesses and creating commercial value.
- End -
*About GF Securities *
Tracing its history back to 1991, GF Securities is one of the first,
full-service securities companies in China. It was successfully listed on
the main boards of the Shenzhen Stock Exchange (000776.SZ), and the Hong
Kong Stock Exchange (1776.HK), in 2010 and 2015 respectively. As of December
31, 2018, GF Securities operated 20 branch offices and 264 brokerage
branches, providing extensive services to 31 provinces, municipalities and
autonomous regions throughout China. GF Securities is positioned as a
comprehensive capital market service provider that focuses on China's
enterprises and high net worth individuals with industry-leading innovation
capabilities, providing diverse financial services to enterprises,
individual and institutional investors, financial service organizations and
government entities. GF Securities' major business lines, i.e. investment
banking, wealth management, trading and institutional client services, and
investment management, all ranking top in the industry. The company has
always taken the lead in the securities industry in terms of capital
strength and profitability, with its market capitalization topping the list
among all listed securities companies in China.
Document: http://n.eqs.com/c/fncls.ssp?u=BWEKTDIIHQ [1]
Document title: GF Securities Devoted Continued Support to HKUST
Entrepreneurship Competition to Fulfill Initial Intentions
09/07/2019 Dissemination of an Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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July 09, 2019 07:16 ET (11:16 GMT)
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