Shenzhen New World Group Co., Ltd.

Shenzhen New World Group Co., Ltd. is a large diversified multinational private enterprise group led by real estate development, integrating construction, property management, department stores, hotels, commercial logistics, media, and more. It owns over 20 wholly-owned or controlling enterprises, including Shenzhen New World Real Estate Development Co., Ltd., Shenzhen New World Investment Co., Ltd., Shenzhen New World Property Management Co., Ltd. (National First-Class Qualification), New World Department Store, New World Metropolis Hotel, Wuxi New World Textile and Garment City Co., Ltd., and Shenzhen New World Investment (USA) Co., Ltd. For many years, Shenzhen New World Group has always upheld the tenet of "Dedication to the Country, Service to Society, Continuous Enhancement of Customer Value" and the 12-character business policy of "Steady and Pragmatic, Pioneering and Innovative, Honest and Efficient", achieving outstanding results in all business areas.
Shenzhen New World Group consistently implements the people-oriented philosophy of professionalism, dedication, and continuous enhancement of customer value, forming its own unique innovative boutique development model. It has accumulated rich experience in real estate development and has successfully developed numerous "New World" brand residential boutique projects, including New World Hongmei Garden, New World Meiqin Building, New World Liyuan Pavilion Phase I and II, New World Shanyue Residence, New World Luyin Cuidi, New World Homeland, Four Seasons Landscape Phase I and II, and New World Four Seasons Yuyuan, with a total area of over 2 million square meters. In addition to residential development, New World Group has also achieved remarkable results in commercial real estate development. Its two benchmark projects—Shenzhen New World Business Center and Wuxi New World International Textile and Garment City—made stunning appearances with the forward-looking positioning of "architectural classics that will not fall behind in 100 years" and the super-large scale of "1.3 million square meters modern commercial capital", with the awe-inspiring momentum of "two stars shining over China", unveiling the prelude of Shenzhen New World Group's cross-regional and cross-industry development strategy advancing into the two major economic circles of the Pearl River Delta and the Yangtze River Delta!
In terms of media development, Shenzhen New World Group, as the second largest shareholder, owns 45% equity of the well-known international media Hong Kong Commercial Daily, and the Group's Chairman Huang Wei serves as the Executive Vice Chairman of the Board of Directors of Hong Kong Commercial Daily. Leveraging its rich experience in real estate development and hotel management, New World Group has gone abroad, wholly acquiring and taking over the Marriott Hotel in downtown Los Angeles and the Sheraton Universal Hotel in Los Angeles on March 24, 2010, and January 5, 2011, respectively, setting a precedent for a Chinese enterprise successfully acquiring a five-star hotel in the United States for the first time in many years, injecting new connotations into Sino-US economic and trade relations. The acquisition of these two hotels with a total market value of over 150 million US dollars within 9 months has become the *** largest acquisition case of Chinese enterprises entering the US hotel industry to date.
After 26 years of arduous efforts, Shenzhen New World Group has rapidly developed from an obscure small single-project real estate development company into today's large enterprise group that integrates boutique residential, top-grade office buildings, large professional markets, star-rated hotels, and high-end department stores development and operation, ranking among the first-tier real estate developers in Shenzhen, with comprehensive urban land operation capabilities and industrial operation capabilities, and brand influence radiating across the Pearl River Delta, Yangtze River Delta, and Europe and America. With 19 years of tenacity, spirit, courage, and wisdom, it has proven to the world the Shenzhen New World people's diligent pursuit of ideals and their unyielding loyalty to their vows.
While the enterprise is developing rapidly, Shenzhen New World Group has not forgotten its value and responsibility as a corporate citizen. In recent years, it has donated tens of millions of yuan to society (for assisting education, donating funds to purchase medical equipment, donating statues of anti-SARS heroes, and the selection of Shenzhen's Top Ten Outstanding Young Persons), contributing its own strength to society.
The success of Shenzhen New World Group belongs to this great era. In this great era, Shenzhen New World Group will, as always, uphold the values of "Dedication to the Country, Service to Society, Continuous Enhancement of Customer Value", adhere to the core mission of "Creating Landscapes for Cities and Building Classics for Society through Innovation and Professionalism", and continue to advance to new heights.