Zhitong Finance App learned that Chairman Li Zeju of Changhe (00001) reiterated at the annual shareholders' meeting that as long as there are high-quality assets with ideal returns, whether in Hong Kong, the mainland or overseas regions, the Group will consider it, and also expressed confidence in the future prospects of the Group's core business. He pointed out that the Changjiang Group is already an international or global company. It is a multinational enterprise with diversified businesses in more than 50 countries. The investment business covers different industries. When making every investment, the most important consideration is the quality, stability and return of the project. The Group does not choose an investment location, but rather selects a project.

He also pointed out that as an international financial center, more and more international companies and international family offices are located in Hong Kong. Regardless of the race or nationality of the owners, the more international enterprises in Hong Kong, the more consolidated Hong Kong's position in the international financial market, Hong Kong's economic strength will also improve, which is beneficial to Hong Kong's long-term development.

Regarding Changhe Future's main source of profit, Li Zeju said that the Group's business is spread all over the world and is relatively diversified in terms of composition and geography. The advantage is that it is diversified. No single business can be the main source of profit, but the results achieved by all businesses. Among them, the retail sector grew quite strongly last year. In particular, the retail business in Europe and Asia has surpassed pre-pandemic levels; the infrastructure sector has been growing steadily and recorded a record high operating cash flow last year; the port sector's diversified network and geography can balance changes in different regions, and is expanding regions with high development potential, including Egypt, Saudi Arabia, Mexico, and Pakistan; the telecommunications sector will continue to seek integrated transactions that can create value. In the past, merger projects have brought significant synergy effects to related businesses. One example is Indonesia's IOH stock price This is an increase of more than 80% from before the merger, and dividends have also increased.

Regarding the impact of consumption in the Group's supermarkets and retail business, Li Zeju pointed out that the shift in Hong Kong people's consumption model has indeed brought great challenges to Hong Kong's retail business. Colleagues in the retail department have responded positively, such as adjusting the product portfolio in tourist areas and adding more health products to attract mainland tourists. In addition, Baijia is also increasing the procurement of products from different parts of the world and mainland China and providing discounts, so that Hong Kong people can shop in Hong Kong at a better cost ratio without having to travel long distances. The Watsons Group will also continue to implement the O+O platform strategy, which has also seen results. The O+O customer base spends 3 times more than customers who only shop in physical stores.

Regarding the land use of the Kwai Tsing Container Terminal, Lee Chak-kyu pointed out that it is an indisputable fact that Hong Kong's container terminal throughput continues to decline, but whether the land use of the container terminal should be changed is a major issue, and it is beyond the scope of its decision; it is up to the government to make the decision. The Group will continue to communicate and cooperate with the government and industry to find solutions for the development of Hong Kong's container terminals.