NWS Holdings Limited

We are delighted to share the highlights from our latest 2024 Environmental, Social and Governance (ESG) Report, showcasing our significant progress and commitment to sustainability. Key achievements include successfully meeting all the targets set in our 2018 Sustainable Development Vision and launching the “Breakthrough 2050” ESG framework to address new challenges and seize opportunities. Hip Hing Construction Company Limited and CTF Life, both wholly-owned subsidiaries of #NWS, have also submitted carbon reduction commitments to the #SBTi, with CTF Life being the first in its sector in the Greater Bay Area to do so. Looking ahead, we are committed to a sustainable financing approach, targeting 50% of the Group’s debt financing to come from sustainability-linked or green finance by 2030. #ESG #NetZero #GreenFinance #Sustainability

Since 2022, #NWS has partnered with Christian Action to launch the ‘Read-to-Learn Chinese for Ethnic Minority’ Program. This initiative is designed to enhance the Chinese language skills of ethnic minority students and their parents in Hong Kong, fostering social inclusion and paving the way for brighter career prospects. This year, we kicked off Phase III of the program, welcoming around 40 ethnic minority students and their family members to a series of interactive sessions, outings and training classes. In addition to Chinese language learning, we also offer workshops that support family planning, social integration, and well-being. Our volunteers also participated in various trainings and events. Apart from in-class Chinese lessons, we organized an exciting day out for participants with our volunteers, including a trip to the Madame Tussauds at the Peak and a ride on the Peak tram, fostering language exchange opportunities. Recognizing the importance of financial planning for daily needs, we were pleased to host a workshop with a representative from our wholly-owned subsidiary, CTF Life. Tiffany Ng, CFP® AEPP® QRA® Wealth Management Director at CTF Life, shared essential tips to improve financial literacy among ethnic minority women, helping them identify and address financial concerns effectively. We are committed to supporting the community with more relevant workshops in the future. #NWSGroup #NWSCharitiesFoundation #Volunteering

NWS’s latest #AnnualReport and #ESGreport for the financial year 2024 are now available. These reports highlight our solid business performance throughout FY2024 and provide an outlook for our diverse portfolio, including Roads, Insurance, Logistics, Construction, and Facilities Management.   Discover the milestones we’ve achieved in the ESG area and the initiatives we’ve implemented in our operations and business framework. You can read the full details in our digital reports.   We look forward to your valuable feedback. For more detailed information, please visit:   Annual Report: https://lnkd.in/gyQBVWhr ESG Report: https://lnkd.in/gpcQmw5W   #NWS #ESG #EvolveSustainably #FY2024

Today #NWS announced Annual Results for FY2024, showcasing another set of robust results achieved in the challenging market environment. Our diversified operating businesses demonstrated resilient growth , with an overall AOP increase of 21% despite macroeconomic uncertainties. Additionally, the group has proactively diversified our funding sources and optimized our capital structure to navigate unanticipated changes in the operating environment. In line with our sustainable and progressive dividend policy, NWS has proposed a final ordinary dividend of HK$0.35 per share, increase of 13% comparing with HK$0.31 per share in FY2023. This demonstrates our confidence in the Company’s future growth prospects as well as our ongoing effort to create value for our shareholders. Today we also announced that proposed changes of our Company’s name from “NWS Holdings Limited” to “CTF Services Limited”. This renaming symbolizes our connection with our controlling shareholder Chow Tai Fook Enterprises Limited and our future direction alongside other members of the Chow Tai Fook Group, as well as fostering closer alignment within the diverse conglomerate of the Group. Looking ahead, we remain confident in our ability to pursue further growth opportunities, creating value for shareholders by delivering stable returns and sustainable long-term growth across our diverse business portfolio. #NWSGroup #AnnualResults

🐇NWS brings Mid-Autumn Festival Joy to the Eastern District 🌕 This Mid-Autumn Festival, the NWS Volunteer Alliance brought warmth and joy to our community by teaming up with the HKYWCA Ming Yue District Elderly Community Centre for an unforgettable celebration! This is the 22nd year that we have celebrated with the residents in this neighborhood. Our incredible volunteers visited 40 families with elderly members living alone in the Eastern District, sharing quality time and festive treats with them. We also co-hosted a mid-autumn celebration carnival at Hing Tung Estate, featuring engaging activities, games, and performances for the residents. The dedication and enthusiasm of our 40 volunteers were instrumental in making this event a success. The NWS Volunteer Alliance remains committed to continuing our collaboration with community partners, supporting and celebrating the wonderful community we serve. We wish everyone a joyful Mid-Autumn Festival! #Volunteering #Community #NWSVolunteerAlliance

Wishing you a joyous Mid-Autumn Festival filled with happiness and prosperity. May the full moon bring you and your loved one warmth and togetherness! #NWSGroup #MidAutumnFestival

We are thrilled to share that our Zhiyi West Lake Service Area has become the FIRST service area in the Mainland to receive the prestigious LEED Platinum certification. Recognized by the U.S. Green Building Council, this milestone underscores #NWS 's commitment to sustainability and innovation. Featuring cutting-edge eco-friendly initiatives like Photovoltaic Power, Electric Vehicle charging stations, and smart services, the West Lake Service Area sets a new standard for green construction and operational efficiency. Brian Cheng, Group Co-Chief Executive Officer of NWS said: “Since 2020, our Group has focused on sustainable development in our designs, enhancing environmental benefits and the user service experience, and developing an innovative smart West Lake Service Area. This certification affirms our efforts have been recognized by the market. We aspire for this project to set a positive industry benchmark and will persist in promoting green construction and smart services for sustainable development across our diverse businesses.” NWS remains resolute in its dedication to sustainable development for a better future. #NWS #Sustainability #Innovation #LEEDPlatinum

We are thrilled to announce the successful conclusion of the #EvolveConference2024, themed “Roads to 2050 – From Vision to Action.” With over 300 participants joining us online and attending the conference in person, this event showcased our unwavering commitment to sustainability. Our Group Co-CEO, Gilbert Ho, kicked off the event and once again emphasized the importance of embedding sustainable practices across all business units for our long-term success and community well-being. The conference featured insightful highlights, including an interactive “MythBusters” session and a real-world insight sharing by Suki Wong from Anta Sports Products Limited. We also announced the winners of the Imp[ACT] Fund, a pioneering initiative designed to incentivize and empower employees across the Group to propose and implement innovative and sustainable projects. Big congratulations to: 🏆 Champion: Hip Hing Construction Company Limited & Vibro for their 3D Metal Printing project. 🥈 1st Runner-Up: Hip Hing for the WaterGuard system. 🥉 2nd Runner-Up: NWS (Zhejiang) for the Toll Facilities Smart Monitoring System. #NWSGroup #Sustainability #ESG #ImpactFund 

[Exciting Update of NWS's Imp[ACT] Fund]   We are thrilled to share a significant update on NWS's Imp[ACT] Fund. This empowering initiative invites our colleagues to propose innovative solutions to daily operational challenges, with a project fund totalling HK$1 million. Our aim is to align our innovations with long-term sustainability and ethical practices.   To kickstart this journey, we organized both offline and online design thinking workshops. These sessions fostered creative thinking and idea formulation, equipping our colleagues with essential tips to enhance their innovative processes.    After months of diligent incubation, we have received inspiring proposals from various business units. Last week, we held a project presentation day, showcasing the tremendous effort the teams have put into finding innovative solutions to our business challenges.   A heartfelt thank you to our esteemed judging panel: NWS Group Co-CEO Gilbert Ho, Barry Kwong from HKSTP - Hong Kong Science and Technology Parks Corporation, C F Leung from Business Environment Council, Mandy Au Yeung from St. James' Settlement - Jockey Club Upcycling Centre 賽馬會升級再造中心, and Damian Lai from Dream Impact / ESG Innovation Lab. Their valuable feedback and guidance have been instrumental in selecting the winning projects.   The winners of the Imp[ACT] Fund will be announced at NWS’s upcoming Evolve Conference on 20 August. Stay tuned for this exciting reveal and see which innovative ideas will receive funding to drive our sustainability initiatives forward! #NWSGroup #Sustainability #ESG #StaffEmpowerment

NWS’s Head of Group ESG, Karen Ngai recently took part in the "CEO Climate Actions Challenge" event hosted by Business Environment Council. During the event, Karen highlighted the critical role of collaborative efforts in the net-zero transition journey. From a conglomerate perspective, Karen detailed how we strategically prioritize net-zero goals across our diverse business units, illustrating our phased approach by showcasing Hip Hing Construction and CTF Life Insurance (formerly FTLife Insurance). Recognizing the essential role of industry collaboration in achieving net-zero emissions, NWS is committed to sharing insights and knowledge across various platforms. Previously, we partnered with BEC to release the first Corporate Climate Readiness Sector Briefings for four sectors: Property Management, Meetings, Incentives, Conferences, and Exhibitions (MICE) Event Management, Logistics, Insurance, and Construction. These briefings provide critical insights into the latest developments in climate action across industries in Hong Kong. You can read the full briefing paper here: https://lnkd.in/gtwMfzGi As we look ahead, we eagerly anticipate further collaborations to make a significant impact on our sustainable future together! #BEC #HKSTP #EvolveSustainbly #ESG #NetZero #Collaboration