Dr Lui Che-woo, Chairman of K. Wah Group (the “Group”) and the founder of LUI Che Woo Prize -Prize for World Civilisation (“LUI Che Woo Prize”), has donated RMB250 million through the LUI Che Woo Prize to support the development of Shanghai Jiao Tong University’s (“SJTU”) science park, which has been named “Lui Che Woo Science Park”. The official naming and inauguration ceremony took place on 17 October 2023, where Dr Lui Che-woo presided over the event and imparted his visionary thoughts on the country’s high-end scientific research advancements.

Distinguished guests graced the ceremony, including former Chief Executive Carrie Lam, Minister of United Front Work Department of the CPC Shanghai Municipal Committee Chen Tong, Vice-chairman of the Shanghai Committee of the CPPCC Wu Xinbao, Executive Director of K. Wah International Holdings Limited (“KWIH”) Alexander Lui, Executive Director of KWIH and Member of Board of Trustees of SJTU Paddy Lui, Secretary of the CPC SJTU Committee Yang Zhenbin, and President of SJTU Ding Kuiling. Their presence added significance to this momentous milestone in fostering the development and exchange of science and technology between Shanghai and Hong Kong.

Dr Lui Che-woo expressed, “The close ties between SJTU and national strategies and urban development are undeniable. I am proud to participate in the establishment of the Lui Che Woo Science Park, which aligns with the national vision to promote scientific and technological innovation in the Zhangjiang area and support Shanghai in its journey to become a globally influential hub of scientific and technological innovation.