P R E S S R E L E A S E
Chairman of Nan Fung Textiles Consolidated Limited and Nan Fung Development Limited, Dr Chen Din-hwa has been active in the textile industry for over 40 years. He established the Nan Fung Textiles Limited in 1954, which later became a wholly-owned subsidiary of Nan Fung Textiles Consolidated Limited, specializing in cotton yarn production. Over the years he introduced innovative technology to enhance production, making the spinning plant one of the most important business enterprises in Hong Kong in the 1970s. Dr Chen's business later diversified into cotton spinning, real estate development, shipping, finance, securities investment, construction, estate management and overseas investment.
An unassuming philanthropist, Dr Chen established the D H Chen Foundation in 1970, through which significant donations have been made to support worthy causes in medicine, education, welfare, and the promulgation of Buddhism. He is a member of the Selection Committee for the First Government of the Hong Kong Special Administrative Region, a Trustee of the Better Hong Kong Foundation, and Vice-Chairman of the Association for Celebration of Reunification of Hong Kong with China.
Through the D H Chen Foundation, Dr Chen has rendered continuous and generous support for student welfare and academic research at local universities, and at The Chinese University of Hong Kong in particular. Notably, he has made contributions towards the University's Chinese Medicinal Material Research Fund, the Three-Year MBA Programme Endowment Fund, and the D H Chen Foundation Student Loans Fund for Shaw College. Dr Chen has also rendered unfailing support and invaluable advice to the Chinese University in his capacity as member of the Advisory Board of the Three-Year MBA Programme.
Dr Chen's success in business, his commitment to community service and
contributions to society at large have brought him many honours, including
an honorary doctorate in Business Administration from Hong Kong Polytechnic
University, and Officer of the Most Excellent Order of the British Empire.