On the 11th, the board of directors of Galaxy Entertainment Group Co., Ltd. announced that the company’s chairman and executive director Lui Che-woo passed away peacefully on the 7th at the age of 95. Lee Ka-chiu, Chief Executive of the Hong Kong Special Administrative Region of

Lui Che-woo

The company’s board of directors stated that Lui Che-woo is the founder of the group and has made valuable contributions to the group. His vision, outstanding leadership and guidance have become the cornerstone of the group’s development and continued success. Under Lui Che-woo's leadership, the company became the first gaming company to be listed on the Stock Exchange of Hong Kong Limited in 2005 and was included in the Hang Seng Index in 2013. The board of directors also said that the deaths of Lui Chi and will not have any impact on the group's operations, and the company will appoint a new chairman in due course and make it public.

It is understood that Lui Che-woo's ancestral home is Jiangmen, Guangdong. In 1934, his father and his family immigrated to Hong Kong to escape the war. He had a business acumen when he was 13 years old and sold Nanru peanuts on the street. After that, his business grew bigger and bigger. The Bloomberg Rich List released in January 2014 showed that Lui Che-woo became the new richest man in Asia at that time.

As of now, the Bloomberg Billionaires Index shows that Lui Che-woo, who owns a real estate and gambling empire, has a net worth of US$14.5 billion (approximately 104.6 billion yuan), ranking 7th in Hong Kong and 168th in the world.

According to Hong Kong media reports, Lui Che-woo's last public appearance was during the visit of the mainland Olympic athletes delegation to Hong Kong for the Paris Olympics at the end of August. The delegation stayed at a hotel under the K. Wah Group. Lui Che-woo, chairman and founder of the K. Wah Group, personally Went to the hotel lobby to greet the athletes. The last event Lui Che Woo attended was the 95th birthday banquet held in September, which was attended by celebrities from Hong Kong's political, business, educational and social circles.

html In August, Lui Che-woo made a public appearance during the visit of the mainland Olympic athletes delegation to Hong Kong for the Paris Olympics.

After the death of Lui Che-woo, The Chief Executive of the Hong Kong Special Administrative Region, Lee Ka-chiu, expressed his condolences on the death of Lui Che-woo on the evening of November 11. Li Ka-chiu said: "Dr. Lui Che-woo has been enthusiastically contributing to society for many years and was awarded the Grand Bauhinia Medal in 2012. He is a successful entrepreneur who has been actively promoting charity and education in the Mainland, Hong Kong and around the world for many years. He is especially concerned with Focusing on the education and technological development of young people. Dr. Lui Che Woo established the international award "Lui Che Woo Prize-World Civilization Award" in 2015 to commend people or groups who have contributed to the development of world civilization with selfless love."

cares about and supports the development of education

has helped Shanghai and Hong Kong work together

since the 1980s Since the 1990s, he has donated funds to build Xinhui Liang Qichao Memorial Middle School, donated funds to build the Lui Che Woo Science Building of Daze Overseas Chinese Middle School, Daze Lu Jinquan School Teaching Building, and Lu Deying Teaching Building, and renovated the school library and sports stadium; donated funds to build the Lui Deying Memorial Hall and Daze Overseas Chinese School. Middle school library, etc. In addition, Lui Che-woo has also performed many charitable deeds around the world and founded the "Lui Che-woo Prize - World Civilization Award" in Hong Kong. This is an annual international award to commend those who have contributed to the development of world civilization with selfless love or group.

On October 17, 2023, the naming unveiling ceremony of Lui Che Woo Science Park was held grandly at the Zhangjiang Campus of Shanghai Jiao Tong University.

As early as December 2022, Dr. Lui Che-woo generously donated RMB 250 million to support the development of Shanghai Jiao Tong University's "Zhangjiang Science Park". In order to carry forward the great love spirit of Dr. Lui Che-woo and inherit the school motto of "Drinking water, remember the source, patriotism and glory of the school", the school decided to name the "Zhangjiang Science Park" "Lui Che-woo Science Park".

Dr. Lui Che-woo praised this event as an important milestone in the exchange of science and technology development between Shanghai and Hong Kong. He said that he was honored to participate in the construction of the "Lui Che Woo Science Park", responding to the country's active promotion of the development of science and technology innovation in Zhangjiang Science City to support Shanghai's key measures to become a science and technology innovation center with global influence. By promoting technological innovation and economic and social development, Develop in-depth integration and create a cutting-edge research highland for the world.

Lui Che Woo Science Park is the frontier for Shanghai Jiao Tong University to connect with the Zhangjiang Comprehensive National Science Center and participate in the construction of a science and technology innovation center with global influence. The park covers an area of ​​about 54 acres, with a total of 8 individual buildings, with a total building area of ​​about 100,000 square meters, and can accommodate about 1,200 people.

Source: News Square