Chairman and Executive Director of KFM Kingdom Holdings Limited (KFM Kingdom), Mr Peter Sun is known as a prominent industrialist. He founded a small metal manufacturing company in 1987 and named it “Kingdom,” showing his determination to build his own kingdom in the industrial arena. After more than two decades, KFM Kingdom has now established itself as a leading precision metal manufacturing company in the industry and was listed on the Main Board of The Stock Exchange of Hong Kong Limited in October 2012.
Mr Sun has committed himself to supporting innovation and knowledge transfer. In 2003, he collaborated with PolyU through EuAuto Technology Limited to develop mycar, an electric vehicle. From the design, research and development stages to the official launch of mycar in 2009, Mr Sun invested over US$10 million, and in so, gave full support to the research project and the development of eco-technology. Mycar went on to develop an international reputation and successfully tapped into the US and European markets.
Mr Sun has been dedicated to community service, serving on various committees of the HKSAR Government, professional bodies and charitable organizations. He is a member of the Vetting Committee of the Professional Services Development Assistance Scheme of the HKSAR Government, a member of the Innovation and Technology Support Programme Assessment Panel (Automotive Parts and Accessory Systems Subgroup) under the Innovation and Technology Fund of the Innovation and Technology Commission, Honorary Chairman of the Hong Kong (SME) Economic and Trade Promotional Association Limited, Vice President of the Hong Kong Young Industrialists Council Foundation, Chairman of Sau Mau Ping District Junior Police Call Honorary President Association and Chairman of Hong Kong Blind Sports Federation Limited, etc. Mr Sun has also devoted himself and made significant contributions to the nation’s development. He is a Committee Member of Anhui Provincial Committee as well as a member of Shenzhen Nanshan District Standing Committee of the Chinese People’s Political Consultative Conference and President of Shenzhen Nanshan Foreign Enterprise’s Chamber of Commerce, etc.
The outstanding contributions Mr Sun has made to society and the industry have earned him numerous awards including Young Industrialist Award of Hong Kong 1999 from the Federation of Hong Kong Industries, Director Of The Year Award from the Hong Kong Institute of Directors and Shenzhen Excellent Young Entrepreneur award in 2001. He was also named the Bauhinia Cup Outstanding Entrepreneur Award by PolyU in 2002 and awarded the Medal of Honour by the HKSAR Government in 2006 in recognition of his contributions to the development of the manufacturing industry.
Chairman Yang, University Council Members, President Tong and Honoured Guests,
I would like to express my sincere thanks to The Hong Kong Polytechnic University for conferring upon me the honorary title of University Fellow.
Today marks a significant milestone in my life. Looking back at my journey of over thirty years in the industrial arena, I have encountered many challenges. Fortunately, with the support from family and friends, I have been able to develop and run my business smoothly.
Back in 2002, my company collaborated with PolyU on a micro car research project with full support from the University. In 2008, we switched from our initial micro car project to develop an electric vehicle, and we then went on to build from scratch Hong Kong’s first home-grown electric car. In the same year, our product ventured out from Hong Kong and went on sale in many European countries, winning the title of Electric Car of the Year at the prestigious Green Fleet Awards. In less than two years, our product hit the U.S. market, after being acquired by The Clinton Foundation and GTA Group Chairman Mr Terry McAuliffe. In July 2012, PolyU President Professor Tong and I attended the launching ceremony of mycar held in Horn Lake, Mississippi, officiated by former U.S. President Bill Clinton. We visited the production plant together after the ceremony.
Despite the fact that since the 1970s local industry has shifted its production base to the Chinese mainland, I have always had faith in industrial development in Hong Kong. This is because industrialists still retain the most important parts of their business in Hong Kong, including finance, human resources, research and development as well as business development. Their reason for doing so, I believe, is the solid foundation Hong Kong has for local industrial development. The city’s advantages are rooted in her multi-international culture, her position as a world-class financial centre with a well-developed judicial system, as well as her professional talents nurtured by local tertiary institutions.
In October 2012, my company was listed on the Main Board of The Stock Exchange of Hong Kong Limited; I have confidence in the capabilities of local industrialists. I would also like to take this opportunity to express my hope for future collaborations with The Hong Kong Polytechnic University in future research projects.
Finally, I would like to thank all my colleagues at KFM Kingdom and my family for their support over the past decades, and I would like to share this honour with all of you here today. Thank you.
