He Chaofeng and Liang Anqi held a general meeting of shareholders to observe a minute’s silence for the gambling king.

Su Shuhui, Liang Anqi, He Chaofeng, Huo Zhenting

　　　　 According to Hong Kong media reports, SJM Holdings held its annual general meeting on Tuesday (9th). It is reported that there was a minute’s silence for the founder "Gambling King" Stanley Ho, but it did not accept any questions from shareholders. After the meeting, the management met with the media, and the impact of Ho’s death on the company became the focus of questioning.

　　He Chaofeng, the second daughter of Hejia Fannie and Freddie and the chairman of the company, has repeatedly stressed that everyone is reluctant to part with his father’s death, but he quit the management of the company as early as 2018, and the current management has been satisfied with the operation. When asked about the results of the re-election of the company’s directors, she pointed out that the votes were still being counted, but she believed that herself, co-chairman Huo Zhenting, Si Tai Liang Anqi and vice chairman Su Shuhui would remain in office, and that there would be no major changes in the board of directors.

　　In fact, SJM announced that Chairman He Chaofeng was appointed as the authorized representative of the company, effective from June 10th. In addition, the company also announced that Wu Zhicheng was transferred from an executive director to a non-executive director and retired as the operating president and authorized representative, which also took effect on June 10. The company also announced the voting results of the annual general meeting of shareholders, and all resolutions were passed. Including the re-election of He Chaofeng, Huo Zhenting, Liang Anqi and Su Shuhui as executive directors, were all passed by more than 96% of the votes.

　　Asked why the executive director "San Tai" Chen Wanzhen was not present today? He Chaofeng said: "Dr. Chen (Chen Wanzhen) can’t come today."

　　As for the death of the gambling king, will the company apply to the government to postpone the renewal of gambling cards? She said that whether the application for gambling cards should be delayed depends on the arrangement of the Macao government, and the company will cooperate.

　　In addition, the media are also concerned about the operation of Macao’s gambling industry this year. Su Shuhui said that "everyone lost money in the first half of the year", and now it is the worst. In the second half of the year, I hope that Macao’s customs clearance will restore business. He bluntly said, "This year is not very optimistic, and I hope there will be a rebound next year." The turnover so far this year is equal to 1/10 of last year. He Chaofeng added that at present, the number of tables returning to work is half.

　　In addition, when will the company’s new project be opened in Portugal? He Chaofeng said that the project has been completed, but the company did not stop applying for the required business license despite the epidemic, so the leading power lies with the Macao government. She hopes that the project can be opened after the travel restrictions are relaxed.

　　Liang Anqi added that the recruitment of this project has been in progress. This includes recruiting new graduates.

　　Regarding the arrangement of the company’s satellite casino, He Chaofeng said that there is no conflict between the satellite casino and the new project, and it should continue to follow the previous practice.