HONG KONG WORLD DEVELOPMENT LIMITED

New World Development Company Limited (NWD) is a Hong Kong-based company founded in 1970. It operates in property development and investment, hotels, infrastructure, services and department stores. The Group's core business areas include investment in property and property development, and investment in and/or operation of hotels and other strategic businesses. The company also operates club houses, golf and tennis academies, and shopping malls; constructs and operates Skycity complex; and operates department stores. New World Development has a strong commitment to sustainable development and adopts a 3Ps approach involving maintaining a balance between profit, the environment, and the community. As of December 31, 2024, the total asset value of the company was approximately HK$427.6 billion. The company is publicly listed in Hong Kong with stock code 00017.