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00017 NEW WORLD DEV

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  • 8.260
  • -0.050-0.60%
Market Closed Mar 28 16:08 CST
20.79BMarket Cap-2773P/E (TTM)

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.

Company Profile

Symbol00017
Company NameNEW WORLD DEV
ISINHK0000608585
Founded05/29/1970
RegistrationHong Kong, China
ChairmanJiachun Zheng
SecretaryWenhai Wang
Audit InstitutionPricewaterhouseCoopers
Company CategoryOther
Registered Office30 / F, New World Building, 16 Queen's Road Central, Hong Kong, China
Head Office and Principal Place of Business30th Floor, New World Tower, 16-18 Queen's Road Central, Hong Kong
Fiscal Year Ends06-30
Employees13000
MarketHong Kong motherboard
Phone(852)25231056
Fax(852)28104673
Emailir@nwd.com.hk
Business New World Development Co., Ltd. is an investment holding company mainly engaged in property development. The company operates through eight divisions. The Property Development Division is engaged in the construction of residential units, including Hong Kong Aolong, Mingzhu, Pak Wai Shan and Yinghai series. The Construction Division engages in the construction of commercial and residential, government and institutional related projects. The Insurance segment sells life insurance and medical insurance products. The Property Investment Division engages in property investment, and its investment property portfolio includes commercial buildings, office buildings, etc. The Roads Division is engaged in the operation of toll roads and highways. The Hotel Operations Division engages in hotel operations in China and Southeast Asia. The Aviation Division engages in commercial aircraft leasing business. Other divisions are engaged in facility management and operation of duty-free shops.

Company Executives

  • Name
  • Position
  • Salary
  • Jiachun Zheng
  • Chairman,Nomination Committee Chairman,Remuneration Committee Member,Executive Committee Chairman,Executive Director
  • 60.30M
  • Zhigang Zheng
  • CEO,Executive Vice Chairman,Executive Committee Member,Executive Director
  • 52.80M
  • Shaoxiang Ma
  • Chief Operating Officer,Executive Director,New CEO created,Executive Committee Member
  • 24.20M
  • Zhiwen Zheng
  • Executive Committee Member,Executive Director
  • 18.60M
  • Nanhai Xue
  • Executive Director,Executive Committee Member,Senior Director of the Project Department
  • --
  • Shaomei Huang
  • Executive Committee Member,Director and Chief Executive Officer of New World China Land Co., Ltd.,Executive Director
  • 33.80M
  • Huixian Zhao
  • Executive Director,Senior Director of Human Resources,Executive Committee Member
  • 7.10M
  • Huikai Du
  • Vice Chairman,Non-Executive Director,Non-Executive Vice Chairman
  • 400.00K
  • Jiacheng Zheng
  • Non-Executive Director
  • 10.10M
  • Zhiheng Zheng
  • Executive Committee Member,Non-Executive Director
  • 2.50M
  • Zhiming Zheng
  • Non-Executive Director
  • 15.50M
  • Lianwei Li
  • Nomination Committee Member,Remuneration Committee Chairman,Audit Committee Chairman,Independent Non-Executive Director
  • 900.00K
  • Yuqiang Ye
  • Nomination Committee Member,Audit Committee Member,Independent Non-Executive Director
  • 800.00K
  • Zanchen Chen
  • Remuneration Committee Member,Managing Director of Qipei Capital Co., Ltd.,Audit Committee Member,Independent Non-Executive Director
  • 800.00K
  • Fanjiaofen Luo
  • Independent Non-Executive Director
  • 400.00K
  • Yongshi Luo
  • Independent Non-Executive Director,Audit Committee Member
  • 400.00K
  • Yangfang Huang
  • Independent Non-Executive Director
  • 400.00K
  • Wenhai Wang
  • Authorized Representative,Company Secretary
  • --
  • Peiying Luo
  • Owners' representatives
  • --
  • Fuqiang Liu
  • chief financial officer
  • --
  • Zhijie Zhang
  • senior director
  • --
  • Endong Zhang
  • Deputy Hotel Owner Representative
  • --

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