About NEW WORLD DEV Company

New World Development Limited (the “Group”; Hong Kong stock code: 00017) was founded in 1970 and listed in 1972 in Hong Kong, China. It is a constituent stock of Hong Kong's Hang Seng Index. As a brand that exudes a unique personality, the Group's main business includes property development, property investment and investment and/or operation of highways, commercial aircraft leasing, construction, insurance, hotels and other strategic businesses across Greater China, particularly in the Guangdong-Hong Kong-Macao Greater Bay Area. As at 30 June 2020, the total value of the Group's assets was approximately HK$60.2 billion. The Group's two listed companies, namely New Creation Group Co., Ltd. and New World Department Store China Co., Ltd., are wholly owned by New World China Real Estate Co., Ltd. The Group has full confidence in the country's development and has been actively seeking development opportunities. As of December 31, 2019, we currently have investments in more than 19 major regions in mainland China. The Group is committed to achieving sustainable development and balancing profit, people and the environment in its daily operations. While providing reasonable returns to investors, we make every effort to take care of the needs of the environment and society, and shoulder social enterprise responsibilities. The Artisanal Movement is the best definition of a new world brand personality. It is a belief in life that carries our hopes for culture. The times are becoming more electronic, and the subtlety, emotion, and temperature of culture are even more precious. Through Collect.Connect.Collide, we incubate beautiful ideas from around the world, and let everyone awaken the ingenuity that has always been there between feelings. As our business grows with society, we now bring a fresh goal to this cultural vision — sharing value for different stakeholders in society and creating a win-win situation with society. We believe in giving back to society through the power of business and innovation, and making business success go hand in hand with social progress by focusing on the three core elements — culture and creativity, sustainable development and social innovation.