Two simple mottos – “Hope for the best, prepare for the worst” and “Care for others as well as you would care for yourself”– are the two philosophies behind the success of Nan Fung Group. Founded in 1954 by Dr. Chen Din Hwa, and under his leadership for over five decades, the specialist cotton yarn production company has transformed itself from one of the world’s leading textile manufacturers to one of Hong Kong’s largest privately owned conglomerates.
Backed by a natural entrepreneurial spirit and a willingness to embrace change, Nan Fung Group has always been forward thinking in its willingness to improve business operations. In the early 1970s, the Group introduced open-end spindles in its cotton mill for better production efficiency. This had a profound effect on the industry, changing it forever, and as a result Dr. Chen became fondly known as the “King of Cotton Yarn”.
With its philanthropic philosophy and commitment to community, Nan Fung Group is a leader in environmentally-friendly and social initiatives which are supported by The D.H. Chen Foundation formed in 1970 to assist in the development of medicine, education, welfare and Buddhism.