At the “Family Office Seminar 2023”, Chairman Mr. Peter Cheng stated that Philanthropy is an essential
element of family culture, Philosophy, and values inheritance.

Dr. Cheng Yu Tung, founder of the Chow Tai Fook Charity Foundation, was a lifelong philanthropist who
generously donated to education, community, healthcare, and other fields since the 70s. In 2012, he
established the Chow Tai Fook Charity Foundation, which focuses on public welfare and promotes a culture of charity.

As the chairman of Chow Tai Fook Charity Foundation, Mr. Peter Cheng is enthusiastic about public welfare, shouldering the family philosophy, inheriting and promoting the noble spirit of Dr. Cheng Yu Tung’s active benevolence, dedicating himself to supporting vulnerable communities in society.