Financial news
Written by: Xu Shihao
2020-03-30 15:16
Last updated: 2020-03-30 15:16K. Wah International (0173) announced that it will fund Donghua Third Hospital with RMB 3.7 million through the K. Wah International Anti-epidemic Fund, as the start of the relocation of a part of the workshops of a comprehensive occupational rehabilitation center under the T. W. Hospital into a mask production plant Fund, and Donghua Third Hospital trains people with disabilities to assist in the production and operation of masks.
The epidemic of "new crown pneumonia" is severe. As a diversified charity providing medical, educational and social services, the Tung Wah Group of Hospitals is a necessary material for daily operations. Even through emergency purchases, it can meet the current needs and basic reserves. Hygiene awareness has improved, and the continued supply of masks remains variable.
Lu Zhihe hopes that by supporting the production of masks by social welfare organizations, the plight of medical, social welfare organizations and the needy citizens will be alleviated. (Profile picture)
Monthly output of 2.2 million medical grade masks expected
The Group stated that after understanding the situation, it decided to support the development of mask production lines at Donghua Third Hospital. In addition to supplying masks to its service units including hospitals, elderly and rehabilitation homes and schools, it also provided ordering services to other non-profit organizations. Blessed by the burden of money and manpower, Fu Jie concentrated resources to serve the disadvantaged.
Tung Wah Group of Hospitals plans to relocate some of its workshops in Jockey Club Yijin Comprehensive Vocational Rehabilitation Centre in Aberdeen to a clean space. It has successfully contacted mask manufacturing machinery and material suppliers, and has received technical support from the Hong Kong Productivity Council. . The mask factory plans to trial production in June. If successful trial production and relevant certifications are obtained, it is expected to be officially put into production in July. The maximum production capacity is expected to reach 2.2 million medical-grade masks per month.
The Jockey Club Yijin Comprehensive Vocational Rehabilitation Center, a subsidiary of the Tung Wah Group of Hospitals, will be converted into a clean space in some workshops. (Provided by the company)
Ka Wah International Chairman Lu Zhihe hopes that by supporting the production of masks by social welfare organizations, it will relieve the plight of medical, social welfare organizations and citizens in need.
The Group stated that the "Kia Wah International Anti-epidemic Fund" has supported anti-epidemic work in various parts of China and Hong Kong since the outbreak, including donations to support the prevention and control of epidemic areas in many provinces and cities including Hong Kong, Guangdong Province and Shanghai. The Mainland provided rent concession measures to merchants; strengthened the Group's Hong Kong and Mainland offices' anti-epidemic measures.
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Ka Wah International