COSMO LADY (02298) Chairman Zheng Yaonan and Executive Director Wu Xiaoli Donate HKD 1 Million to Support Hong Kong Fire Victims

Stock News
Nov 28

On November 26, a fire broke out at Hong Fuk Court in Tai Po, Hong Kong, drawing widespread concern. COSMO LADY (02298) Chairman Zheng Yaonan and his wife, Executive Director Wu Xiaoli, personally donated HKD 1 million to the "Hong Fuk Court Assistance Fund" established by the Hong Kong SAR Government. The funds will be allocated specifically for emergency relief, resettlement of affected residents, and post-disaster reconstruction efforts.

COSMO LADY stated it would continue monitoring the situation and actively respond to community needs, standing in solidarity with Hong Kong citizens. The company has long upheld the principle of "shared roots and mutual support," consistently fulfilling its social responsibilities through charitable initiatives.

From December 2024 to November 2025, COSMO LADY partnered with organizations like the China Social Welfare Foundation to donate 284,000 undergarments, thermal wear, leggings, and socks across 15 provincial-level regions (including Guangdong, Guangxi, Guizhou, Yunnan, Hubei, Jiangsu, Anhui, Henan, Hebei, Liaoning, Xinjiang, Shandong, Sichuan, Chongqing, and Tianjin), with a fair value exceeding RMB 20 million. Additionally, through collaboration with the Shenzhen Underwear Charity Foundation, over 22,000 clothing items worth approximately RMB 2.1 million were donated.

Since its 2008 Wenchuan earthquake relief efforts, COSMO LADY has engaged in philanthropy for 17 years, maintaining that the value of national enterprises lies not only in commercial success but also in social contribution.

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