New World Facilities Management Company Limited Receives Hong Kong General Chamber of Small and Medium Business Ltd.'s Best SME's Partner Award Again

HONG KONG,June 12,2019 -- New World Facilities Management Company Limited (NWFM) has received the Hong Kong General Chamber of Small and Medium Business Ltd.'s "Best SME's Partner Award 2019",in recognition of NWFM's successful support of,cooperation with,and contribution to SMEs.

NWFM strives to provide excellent facility management and operating services for Youth Square. Besides its role as a provider of multipurpose spaces and ideal activity spaces for youths,Youth Square also offers the rental of a variety of venues,shops,and offices for commercial institutions,youth groups,non-profit organizations,and charity organizations,making it easier for them to host beneficial youth development programs. The rental and service fees of Youth Square conform to the economic principle and their multipurpose facilities are able to meet the diverse needs of all SMEs.

The company will continue to increase its operational efficiency to facilitate e-commerce businesses. To enhance user experience on Youth Square's multipurpose areas,the company will be installing AI robots,through QR code scanning and verification,IoT (Internet of Things) technology,and smart lockers to smoothen the room check-in process for customers. Besides,the company also intends to provide a more comprehensive service to corporate tenants through the strategic introduction of smart locker services,including Hong Kong Post iPostal stations and SF Express smart lockers,which allow quicker and more effective self-collection of packages.

Two General Managers from New World Facilities Management Company Limited,Ms. Josephine LAM (sixth from the right) and Mr. Eric LAM (fifth from the right) received the honour with the team.

Best SME's Partner Award

The award was established in 2006 by the Hong Kong General Chamber of Small and Medium Business to publicly commend partner companies that have given great support to SMEs. The purpose of the award is to preserve and improve the competitiveness of local SMEs and encourage the industry to continue supporting their business and development. The panel of judges grade partners based on the following five aspects: How valuable to SMEs is the product or service offered by the company,what concrete contributions has the company made towards SME development,the effect on internal corporate culture of valuing SME clients,how the company fared in providing suitable products and services to SMEs,and how successfully they promoted harmonious and mutually understanding relationships with SME clients.

To continue promoting SME development,the Chamber has also established a "Best SME Award" and "Bright Future SME's Youth Creative Entrepreneurship Award".

New World Facilities Management Company Limited

New World Facilities Management Company Limited is a non-profit making company and a wholly-owned subsidiary of New World Group (HK Stock Code: 00017). Embracing the mission of youth development and supporting youth to contribute to society,we strive to develop Youth Square as the platform for youth to exchange knowledge and experience and to develop and discover their potential.

Youth Square

The Youth Square,which came into full operation in 2010,is a youth development project of the Home Affairs Bureau of the HKSAR Government,with an aim to be the hub of diversified youth development activities for youth to develop their potential. Youth Square facilities include the 643-seat Y Theatre,Y Studio,multi-function areas and the Y Loft which has 148 guest rooms. Youth Square has been conducting

over 180 themed events under "Music & Dance","Arts & Culture" and "Community Engagement". Youth Square has been holding over 9,700 youth events and served for more than 1.8 million participants since 2010. In addition,with participants came from more than 80 countries or regions,Y Loft has been providing accommodations for more than 260,000 youths who participated in various exchange programmes in Hong Kong. Youth Square is located in Chai Wan and is managed and operated by New World Facilities Management Company Limited on a non-profit making basis.

6G model is Youth Square's guiding principle. 6G refers to Groom,Grow,Glow,Green,Global Vision and Give Back.

Official web site: http://www.youthsquare.hk.

Photo - https://photos.prnasia.com/prnh/20190612/2494268-1