Global
Offering of 400,000,000 Offer Shares

Offer
Price Range of HK$2.91 to HK$3.63 Per Offer Share

Introducing
Centralcon’s Largest Shareholder Mr. Wong Kwong Miu and
TCL’s Wholly-owned Subsidiary as Cornerstone Investors

Investment
highlights:

• Ability to acquire
  land reserves in strategic locations with abundant natural resources, rich
  culture and potential for growth; Design and develop diverse residential properties
  leveraging unique land features
• Flexible
  means to acquire desirable project sites
• Stably
  growing business and financial performance
• Quality
  control and cost efficiency by meticulous project management
• Experienced
  and dedicated management team

HONG KONG,
CHINA – Media OutReach – 25 November 2019 – JY Grandmark Holdings Limited (“JY Grandmark” or the “Company“;
together with its subsidiaries, the “Group“, stock code: 2231), a
property developer, operator and property management service provider based in
the People’s Republic of China (the “PRC“),
announces today the details of the global offering (the “Global Offering“)
of its shares (the “Shares“) and its proposed listing on the Main Board
of The Stock Exchange of Hong Kong Limited (the “Stock Exchange“).

A total of 400,000,000
Shares (subject to the Over-allotment Option) (the “Offer Shares“) are
being offered or sold under the Global Offering, comprising an international placing
(the “International Placing“) of 360,000,000 Shares (subject to
reallocation and the Over-allotment Option) and a Hong Kong public offer of
40,000,000 Shares (subject to reallocation) (the “Hong Kong Public Offer“),
representing 90.0% and 10.0%, respectively, of the total number of the Offer
Shares. The Over-allotment Option allows the issuance of up to 60,000,000
Shares, representing 15.0% of the Offer Shares.

The offer price (the “Offer
Price“) is expected to be not less than HK$2.91 per Offer Share and not
more than HK$3.63 per Offer Share (the “Indicative Offer Price” range).
The Shares will be traded in board lots of 1,000 Shares each. The price for one
board lot of Shares will be not more than HK$3,666.58 based on the high end of
the Indicative Offer Price range (inclusive of brokerage, Stock Exchange trading
fee and Securities and Futures Commission transaction levy).

The Group has introduced
(i) Centralcon Enterprises Company Limited, which is ultimately beneficially
owned by Mr. Wong Kwong Miu, the largest shareholder of a Shenzhen-listed
property developer Shenzhen Centralcon Investment Holdings Company Limited, and
(ii) Plus Incentive Investment Limited, a wholly-owned subsidiary of intelligent
technology corporation TCL Industries Holdings Co., Ltd as the cornerstone
investors (the “Cornerstone Investors“). Each of the Cornerstone Investors
has agreed to subscribe HK$200 million worth of Offer Shares and their shares
are subject to a 6-month lock-up period following the listing date.

DBS Asia Capital Limited
is the Sole Sponsor and Sole Global Coordinator. DBS Asia Capital Limited, ABCI
Capital Limited, China Galaxy International Securities (Hong Kong) Co., Limited
and Head & Shoulders Securities Limited are the Joint Bookrunners. DBS Asia
Capital Limited, ABCI Securities Company Limited, China Galaxy International
Securities (Hong Kong) Co., Limited and Head & Shoulders Securities Limited
are the Joint Lead Managers. CGS-CIMB Securities (Hong Kong) Limited and GLAM
Capital Limited are the Co-lead Managers.

The net proceeds from the Global Offering are
estimated to be approximately HK$1,220.8 million after deducting the underwriting commissions
and other estimated expenses in connection with the Global Offering, assuming
an Offer Price of HK$3.27 per Offer Share being the mid-point of the Indicative
Offer Price range, and assuming that the Over-allotment Option is not
exercised. The Group intends to use the net proceeds for the following
purposes:

• Approximately 60%, or
  HK$732.5 million, will be used as the development costs for certain projects,
  namely: JY Gaoligong Town Phases I, II and III in Tengchong of Yunnan province,
  Zhaoqing International Technology and Innovation Centre (Zone A and Zone B) in
  Zhaoqing of Guangdong province, JY Grand Garden Phases I, II and III in
  Qingyuan of Guangdong province and JY Mountain Lake Gulf Phases I and II in
  Zhuzhou of Hunan province;
• Approximately 30%, or
  HK$366.3 million, will be used for acquisition of land parcels in provinces
  which the Group are currently operating;
• The remaining amount of
  approximately HK$122.0 million, representing not more than 10.0% of the net
  proceeds, will be used for general working capital.

JY Grandmark is a property developer, operator
and property management service provider based in the PRC, and principally offered
residential properties in Guangdong and Hainan provinces during the track
record period. It has land resources in
Guangdong, Hainan, Yunnan and Hunan provinces for its future development. The Group
positions itself as an “Eco-friendly and People-oriented Property Developer”
and acquired land reserves in strategic locations with abundant natural
resources, rich culture and potential for growth. The Group takes into account
the natural and cultural resources of its project site in the design of
properties to develop homes and communities that the Group considers to be
truly liveable for buyers. This accurate positioning differentiates the Group
from other property developers in the PRC. As at 30 September 2019, the Group
had a property portfolio of 30 property project phases in 10 locations with an
aggregate GFA attributable to it of approximately 3.0 million square meters.

JY Grandmark’s business consists of four
principal segments, including property development and sales, hotel operations,
property management and commercial properties investment. The Company’s core
business is development of residential properties, offering a range of products
for purchasers looking for their first home, a home upgrade, second home and
vacation home. The Company is expanding its businesses to develop its brand as
a “360° Asset and Lifestyle Service Provider” with an aim to provide all-round
services for convenient-living to owners of properties that the Company have developed,
and plans to expand into development of specialty residential products such as
JY Well-being Valley in Lingao, Hainan province, providing leisure and
well-being services for residents.

To grasp the development
opportunities in the real estate market in the PRC, Mr. Chan Sze Ming Michael, the
Chairman and an Executive Director of JY Grandmark said, “the Company is
committed to becoming a high-quality and high profit “Eco-friendly and
People-oriented Property Developer” in the PRC by adopting flexible means to acquire
suitable project sites at desirable costs, and developing diverse residential
properties leveraging unique land features, and providing quality property
management services. The Company believes that the offering of high quality
properties which satisfy the demands of target customers is crucial to building
its brand image and securing customer loyalty. The Group will continue to
improve the quality of its properties and provide its customers with quality
properties that offer comfortable and convenient living environment. In
addition, The Group will adopt a balanced and systematic approach to achieve
sustainable and profitable future growth, thereby maximizing shareholder
returns.”

The Hong Kong Public
Offer is expected to commence at 9:00 am on 25 November 2019 (Monday) and is
expected to close at 12:00 noon on 28 November 2019 (Thursday). The Offer Price
is expected to be announced or published via various channels on 4 December
2019 (Wednesday). Dealings in Shares on the Stock Exchange are expected to
commence on 5 December 2019 (Thursday), with 2231 as the stock code.

WHITE Application Forms and
prospectuses of the Company can be obtained from designated offices of DBS Asia
Capital Limited, ABCI Capital Limited, ABCI Securities Company Limited, China
Galaxy International Securities (Hong Kong) Co., Limited, Head & Shoulders
Securities Limited, CGS-CIMB Securities (Hong Kong) Limited and GLAM Capital
Limited or any of the designated branches of DBS Bank (Hong Kong) Limited, Hang
Seng Bank Limited, Industrial and Commercial Bank of China (Asia) and The Bank
of East Asia, Limited. Applicants may also apply on-line via the designated
White Form eIPO service provider at http://www.eipo.com.hk. Applicants can also use the YELLOW Application
Forms or give electronic application instructions to Hong Kong Securities
Clearing Company Limited to process their applications.

JY Grandmark Holdings Limited

Financials at a glance

This press release is
issued by JY GRANDMARK HOLDINGS LIMITED. solely in connection with the Global
Offering and the Offer Shares for information purpose only, and does not
constitute an offer to sell or a solicitation of an offer to buy any securities
in the united states or any Other jurisdiction where such offer, solicitation
or saLe would be unlawful prior to registration or qualification under the
securities laws of such jurisdiction.. No action has been taken to permit a
public offering of the Offer Shares in any jurisdictions other than Hong Kong
and no action has been taken to permit the distribution of this press release
in any jurisdictions other than Hong Kong. The distribution of this press
release and the offering of the Offer Shares in other jurisdictions are subject
to restrictions and may not be made except as permitted under the applicable
securities laws of such jurisdictions pursuant to registration with or
authorization by the relevant securities regulatory authorities or an exemption
therefrom.

the shares have not
been, and will not be, registered under the United States Securities Act of
1933, as amended (the “U.S. Securities Act”) or any state securities
laws of the United States, and may not be distributed or offered, sold or
delivered, as the case may be, in the United States, except pursuant to an
effective registration statement or in accordance with an available exemption
from, or in a transaction not subject to, the registration requirements of the
U.S. Securities Act.  any public offering
of securities to be made in the united states will be made by means of a
prospectus. Such prospectus will contain detailed information about the company
and its management, as well as financial statements.

The company has not
and does not intend to register the shares under the U.S. Securities Act or
make any public offer of the shares in the United States. No copy of this press
release (and information contained herein) has been or should be distributed or
sent, directly or indirectly, in whole or in part, in or into the United States
or any other jurisdiction where to do so would constitute a violation of the
relevant laws of such jurisdiction.

You are cautioned not
to place undue reliance on any forward-looking statements contained herein. We
cannot give any assurance that these forward-looking statements will prove to
have been correct. These forward-looking statements are not a guarantee of
future performance and are subject to certain risks, uncertainties and
assumptions. We do not have any obligation to publicly update or revise any
forward-looking statements herein, whether as a result of new information,
future events or otherwise.

GRENOBLE, FRANCE – Media
OutReach – 25
November 2019 – Located in Grenoble,
in the heart of the French Silicon Valley, Teledyne e2v is a semiconductor
manufacturer since 1955. Teledyne has acquired e2v in March 2017 and counts now
more than 11 000 employees across Europe, America and Asia. Thanks to its
invaluable experience, Teledyne e2v provides its customers with the most
advanced Signal Processing Solutions and Microprocessor offer. The firm has the
flexibility to address various markets with the most demanding requirements,
such as Aerospace & Defense, Avionics, Space and Industrial and Instrumentation.
Working to make customers’ systems safer, secure and more differentiated by
delivering tailored high performance semiconductor sub-systems and signal &
data processing solutions, is what they do best!

Teledyne e2v’s “Data and Signal Processing Solutions” Business
Unit has made innovation its key priority by developing components which
accelerate the digitization of microwave signal systems, striving toward
completely software defined antennas that utilize world-leading data conversion
technologies directly in the antenna. This makes Teledyne e2v lead the world in
Analogue to Digital converters (ADC) and Digital to Analogue Converters (DAC)
with the potential to enable new advanced solutions in Space microwave
frequency communication systems. As a result, Teledyne e2v’s team bring a
world-class renowned design expertise in Broadband Data Converters, which, for
instance, led to put on the market the EV12DS480 DAC and EV12AQ600 ADC. These
two products are both widely used in Space applications and are part of the
extended Teledyne e2v semiconductors offer in data converters. Other state of
the art data converters are the Quad Family used in high-end Test &
Measurement applications and the EV12AD550 Dual channel ADC for Space
applications.

The Business Unit has also supplied for over 30 years’ High
Reliability commercial processors based on commercial architectures that have
been characterized, qualified, and repackaged to satisfy the most severe
environmental conditions, including Space. Teledyne e2v’s microprocessor offer
addresses critical functions and is qualified to high temperature ranges (-55°C
to +125°C) with leaded or RoHS finished package options. The QorIQ^® Power
Architecture^® and ARM^® processor portfolio
offers the highest performance for small form factor/power-efficient
applications.

In order to remain a leader in its domain, Teledyne e2v has been
surrounded by the most prestigious industrial and institutional partners to
develop innovative projects alongside them.

For several years now, the company has created a long lasting collaboration with
CNES (Centre National d’Etudes Spatiales, the French Space Agency) to achieve
the challenging objectives set for expanding the next generation of high-speed
A-to-D and D-to-A.

In addition, the INTERSTELLAR project
(http://h2020-interstellar.eu/) is currently co-funded by the European
Commission to develop critical ADCs and DACs for European non-dependence and
competitiveness, under the Horizon 2020 Framework Program (Grant No 730165),
the biggest EU research and innovation program ever. The INTERSTELLAR
consortium includes Thalès Alenia Space France, Airbus Italia S.p.A and the
Fraunhofer Institute IIS and gives companies the ability to develop and qualify
highly innovative products for space applications. As part of the INTERSTELLAR
advisory board, CNES ensures that «the new generation of data converters are
consistent with the users’ needs and that their quality level will fit with
Space stringent requirements. Teledyne e2v has a unique and excellent expertise
in wideband data converters design, assembly and test. CNES is confident that
those new ADC and DAC will be key technologies for high performance satellites.»
says Florence Malou, Components Expert at CNES.

In this context, Teledyne e2v addresses the development of
high-speed ADCs and DACs by being in charge of design, manufacturing and test
activities. Using European semiconductor technology, the new converters target
performances beyond today’s state-of-the-art in order to reach higher
integration with more channels on a board, lower power consumption, larger
bandwidth and increased dynamic performance. Within the INTERSTELLAR project,
two new data converters are developed and matured to qualified stage
(Technology Readiness Level TRL6).

A four-channel ADC, the EV12AQ600 sampling at up to 6.4 GSps
offers ultra-wide input bandwidth, flexibility and high-speed serial outputs. A
multi-channel DAC the EV12DD700, reconstructing beyond 6.4 GHz offers
multi-Nyquist output bandwidth, programmable output modes, high-speed serial
inputs and innovative digital features. Such devices facilitate innovative Rx
and Tx signal chain solutions for satellite telecommunications, earth observation,
navigation and scientific missions. Demonstrations and samples will be already
available early 2020.

Another very promising partnership with CNES, aims to deliver a
powerful ARM^® based Common Computer Platform module for Space
applications. Part of Teledyne e2v’s Qormino family, this product is the new
QLS1046-4GB-Space, a Quad ARM Cortex^® A72 based microprocessor
platform running up to 1.6GHz (based on NXP LS1046) which includes 4GB DDR4
Memory (72 bits Memory bus (64 bits Data / 8 bits ECC)). Qormino
QLS1046-4GB-Space (size 44 x 26 mm) has a Space Reliability grade and its
temperature range goes from -55°C to +125°C. This Space version of Qormino
naturally brings additional computing capabilities to the Space platforms and
payloads, size weight and power optimizations (SWaP), and reduction of
development cycle times.

Several tests are being performed now to demonstrate and
evaluate Qormino module’s behavior when soldered to a PCB, taking into accounts
space environment constraints such as vibrations and thermal cycles. Moreover,
radiation tests have been performed last September showing that the module
should be capable to sustain a space environment. Another radiation test
campaign is programmed for the end of the year 2019 with final reports
available at the beginning of the coming year and Flight Models in 2021. CNES
has supported this project by providing funding and allows Teledyne e2v to
invest and be part of a fast growing space market. «The Qormino module will
complement the existing Rad-Tolerant processor offering, while facilitating the
transition to the ARM architecture for our highperformance applications,» says
David Dangla, VLSI Components Specialist at CNES.

For more information visit: https://www.teledyne-e2v.com/products/semiconductors/

HONG KONG, CHINA – Media OutReach – 22 November 2019 – Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) was for the fourth year in a row among the awardees named as the Listed Enterprises of the Year 2019 (the ‘Award’) presented by Bloomberg Businessweek/Chinese Edition, which recognised its excellent performance and contribution to Hong Kong’s economy.

William Ma, Group Managing Director of Kerry Logistics, said, “We are grateful to the organiser for once again including us among the cream of the crop in the Hong Kong business world. As a Hong Kong-listed company, we always do our best to abide by the highest standards of corporate governance, as well as to contribute to the prosperity of the city in which we are rooted. This encouragement and recognition will continue empowering us to maintain a socially responsible and sustainable business operation, and pursue innovation and development that is beneficial to all our stakeholders.”

Organised annually by Bloomberg Businessweek/Chinese Edition, part of the internationally renowned brand of business journalism, the Award is the only event applying Bloomberg Terminal data to analyse listed enterprises in Hong Kong. Awardees are judged by a panel made up of senior government officials, professionals and academics according to business/financial performance, corporate governance, investor relationship, development strategy, corporate social responsibility, sustainability, innovation and risk management.

With an expanding global network and a diverse range of businesses, Kerry Logistics has continued its efforts in strengthening its service capabilities, extending its network coverage and building its business scale in order to give itself a competitive advantage in adapting to the changing global logistics landscape.

About Kerry Logistics Network Limited (Stock Code 0636.HK)

Kerry Logistics is an Asia-based, global 3PL with the strongest network in Asia. Its core competency is providing highly customised solutions to multinational corporations and international brands to enhance their supply chain efficiency, reduce overall costs and improve response time to market. Kerry Logistics has a network covering 55 countries and territories, and is managing 70 million sq ft of land and logistics facilities worldwide, providing customers with high reliability and flexibility to support their expansion and long-term growth. Kerry Logistics Network Limited is listed on the Main Board of the Hong Kong Stock Exchange and is a selected Member of the Hang Seng Corporate Sustainability Index Series 2019-2020.

About Bloomberg Businessweek/Chinese Edition

The Chinese edition of Bloomberg Businessweek was first launched in 2011 in simplified Chinese version in Mainland China, then in mid-2013 in traditional Chinese version in Hong Kong and Taiwan. The biweekly magazine is built on the agreement between Bloomberg LP in New York and Hong Kong-listed Modern Media. The two Chinese editions have a total audited circulation of more than 400,000 copies per issue across the Straits.

Supporting Chinese manufacturing companies to take a leap towards a digital future

GUANGZHOU, CHINA –
Media
OutReach – 25
November 2019 –
Infor
, a global leader in
business cloud software specialized by industry has successfully held Infor 2019 Digital Innovation
Forum for Manufacturing with the theme of “Exploration,
Interconnection, Innovation” recently. A total of nearly 180 attendees were at
the forum where Infor shared its corporate strategy, innovative product solutions
and end-user case studies with guests, helping to contribute to digitalization
uptake in Chinese manufacturing companies.

Keynote of Infor 2019 Manufacturing Digital Innovation Summit

Keynote attendees

Guest speaker – John Li – Expert of Strategic Enterprise Growth

Panel discussion

Smart Factory Innovation Demo Show

Digital
transformation has become a global trend. In this process, digital and innovation
capabilities are the core elements, and lead traditional enterprises to face
changes in terms of industry structure, industry chain and business model, thus
accelerating the transformation and upgrading of traditional industries. Taking
the manufacturing industry as an example, the business model of Chinese
enterprises has gradually shifted from “OEM” to independent research,
development and design, and achieved steady growth in product value and
profitability through mastery of new technology and advanced digital
management. Therefore, digital transformation is also in full swing throughout enterprises
across the country. In the process of transformation, traditional enterprises
need to deeply understand the essence of digitalization, and rationally use
digital tools to achieve breakthrough innovations in management mode and
business model. Based on this, companies need to select the right management
software to agilely respond to the changing market and keep up the competitive
advantage.

Becky
Xie, Vice President of Sales, Greater China and Korea, and Chong Lu, Director, Business
Consulting, Greater China and Korea, shared
global digital strategy trends and the latest
developments at Infor
,
including an analysis of the blueprint of the company’s business model and
future growth in the Digital Era.

The
summit also invited partners and customers to discuss ways to leverage digital
tools to continuously innovate and optimize business management models, and
also showcased the advantages of Infor solution in helping companies grow through
different use cases. ”
Infor
LNand
Infor EAM
help standardize business processes and data, achieving synchronous
production system, real-time manufacturing traceability, and  business and finance integration.  These fully meet the planning objectives of
Dongfeng Motor’s ‘Digital Equipment’ project. With the roll out of the new
Infor ERP solution
, the entire business process
of Dongfeng Motor has been greatly optimized,” said Mingqiang Fang, Chief
Officer of IS Planning and Management of Equipment Company,
Dongfeng Motor Co., Ltd.

“In today’s enterprises, the Information
department is far from being the IT department in the traditional sense. Rather
it could affect business development, providing the basis for decision-making
and helping enterprises complete their strategic transformation. Take the
manufacturing industry
as an example: the market is
changing rapidly, and manufacturing companies have to speed up the pace to
master new tools. Infor’s deep expertise in
micro-verticals
and innovative technologies can help companies realize
customer needs and create more precise, purpose-built solutions to ensure the
competitive advantage of the industry. At present, Infor’s cloud-based and
industry-specificenterprise
solutions
boast of many high-profile use cases around the world. I believe that Infor
will also become a good partner for Chinese manufacturing companies, and help
them realize successful IT transformation,” Becky Xie said.

About Infor

Infor is a global leader in
business cloud software specialized by industry. With 17,300 employees and over
68,000 customers in more than 170 countries, Infor software is designed for
progress. To learn more, please visit www.infor.com.

Infor customers include:

• The top
  20 aerospace companies
• 9 of
  the top 10 high tech companies
• 14 of
  the 25 largest U.S. healthcare delivery networks
• 19 of
  the 20 largest U.S. cities
• 18 of
  the top 20 automotive suppliers
• 14 of
  the top 20 industrial distributors
• 13 of
  the top 20 global retailers
• 4 of
  the top 5 brewers
• 17 of
  the top 20 global banks
• 9 of
  the 10 largest global hotel brands
• 7 of
  the top 10 global luxury brands