Peng Chau was one of the industrial centers of Hong Kong during the 70s. It was once a hive of Hong Kong’s lime and matchsticks production. The glorious period ended at the time when innovative technologies emerged. The old factories were therefore closed and abandoned. That is the reason why there are a few rural heritages in Peng Chau; for instance, the leather factory, stone houses, old sign of the Great China Match Factory. Some of them even have been graded III status of historical buildings by the Antiquities and Monuments Office.

Apart from its industrial background, Peng Chau is also a place that is full of religious belief. As an island in the middle of the sea, it is believed that worshiping gods and goddess, like the Tin Hau and KamFa Goddess, can protect people from marine accidents and bless them with good luck. There are a few temples for people to worship and pray. Also, festivals for various gods and goddesses are held on the island at different times of the year. The festivals feature a range of activities to celebrate gods,attracting both local and non-local people to visit and join the festival.