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New World Development Co Ltd
30F, New World Tower, 18 Queen's Road Ce
Phone: +852 25231056p:+852 25231056 Hong Kong Ticker: 1717
Business Summary
New World Development Company Limited is an investment holding company mainly engaged in the property development. Along with subsidiaries, the Company operates its business through seven segments: the Property development segment, the Service segment, the Department stores segment, the Property Investment segment, the Infrastructure, the Hotel Operations segment, and the Others segment. The Property development segment is involved in the construction of the residential units. These include SKYPARK, BOHEMIAN HOUSE, Shenzhen New World Yi Shan Garden, Shenzhen New World Signature Hill, among others. The Service segment provides property and facility management, transport and other services. The Infrastructure Operations segment is involved in the operation of roads, environment projects, commercial aircraft leasing, container handling, logistics and warehousing services. The Others segment is engaged in telecommunications, media, technology and other strategic businesses.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/20256/30/2025YesYes---

Industries
SIC Code Description
1531 Operative builders
1542 General contractors-nonresidential buildings, other than industrial
6512 Operators of nonresidential buildings
6519 Lessors of real property, not elsewhere classified
6513 Operators of apartment buildings
6531 Real estate agents and managers
7011 Hotels and motels
7359 Equipment rental and leasing, not elsewhere classified
5311 Department stores
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board Kar-ShunCheng 78 3/1/2012 10/1/1972
Chief Executive Officer, Executive Director ShaomeiHuang 57 11/29/2024 5/1/2020
Non-Executive Vice Chairman of the Board Wai-HoiDoo 81 7/1/2013 7/1/2013
11 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Nwd Mtn Ltd 30F, New World Tower Hong Kong

Business Names
Business Name
0017
00173
17
6 additional Business Names available in full report.

General Information
Number of Employees: 10,500 (As of 12/31/2024)
Outstanding Shares: 2,516,600,000 (As of 12/31/2024)
Shareholders: 3,553
Stock Exchange: HKG
Fax Number: +852 28104673


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Tuesday, February 3, 2026