(20 July 2016 – Hong Kong) New World Department Store China Limited (“NWDS” or the “Company”; Hong Kong stock code: 825), one of the largest owners and operators of department stores in Mainland China, is pleased to announce that the Company’s FY2015 Annual Report won six awards in the 2015 LACP Vision Awards Annual Report Competition, including the Platinum Award in the category of “Best Report Cover”, the Gold Award in the category of “Retailing–Multi-line Retail” and the Bronze Award in the category of “Consumer Services–Other”. In addition, the Company’s Sustainability Report garnered five awards including the Gold Award in the category of “Retailing–Multi-line Retail” and the Bronze Award in the category of “Consumer Service–Other”. The two reports received 11 Awards in total, demonstrating the Company’s corporate transparency has reached international standards.

With the theme of “Happy Shopping”, NWDS’ FY2015 Annual Report features smiley bubbles and elegant pearl on its cover to embody the exciting and memorable experience customers have when shopping at NWDS, adhering to its customer-oriented operating approach. On the other hand, with the title of “Continuous Carbon Reduction”, the cover of the Company’s Sustainability Report makes use of green background and light bulb-shaped die-cut to highlight its outstanding achievements in the field of energy conservation and emissions reductions with the content covering its key sustainability performance and achievements relating to community services, environmental protection, staff benefits and development, and operating practices during the year under review. Both reports embrace the Company’s sustainability belief and are produced with Forest Stewardship Council (FSC)-certified paper and soy ink to mitigate the possible impacts to the environment.

Founded in 2002 by LACP, the Vision Awards Annual Report Competition is one of America’s most recognized annual report competitions in recognition of outstanding annual reports produced. This year’s competition drew nearly 1,000 organizations representing 25 countries, which made the competition exceptionally intense as less than one out of eight entries received award-level recognition. The judges evaluated the reports with eight categories, namely first impression, report cover, letter to shareholders, report narrative, report financials, creativity, message clarity and information accessibility, to have a comprehensive screening of outstanding annual reports. This year, the Company’s two reports received full score in most of the judging criteria and the highest total score attained is 98 in particular awards.

Apart from winning the awards mentioned above, both reports topped multiple Asia-Pacific and Worldwide rankings in the competition. The Company’s FY2015 Annual Report ranked 66th and 18th in the “Top 100 Annual Reports Worldwide” and “Top 80 Annual Reports in the Asia-Pacific Region” respectively, and was awarded the “Top 50 Chinese Annual Reports of 2015”; meanwhile, the Company’s FY2015 Sustainability Report ranked 83rd and 24th in the “Top 100 Sustainability Reports Worldwide” and “Top 80 Sustainability Reports in the Asia-Pacific Region” respectively, and was honored with the “Top 50 Chinese Sustainability Reports of 2015”.

Ms. Violet Chan, Assistant General Manager of Corporate Communication and Chairman of Sustainability Steering Committee of NWDS, said, “NWDS puts a high priority on stakeholder communication and strives to improve its corporate transparency. As Annual Report and Sustainability Report are our important communication medium with stakeholders, we endeavor to produce the reports with credible, comprehensive and well-structured disclosure, to convey the Company’s key information including business performance, future development strategies as well as sustainability developments and achievements in a precise manner. We are proud that both of our FY2015 reports have been honored with multiple international awards. Looking forward, we will devote continuous efforts in enhancing the quality of the reports and the transparency level of information they contain, so as to help stakeholders keep abreast of our business performance and development in a timely manner, with an aim to further elevate the Company’s corporate governance standard.”

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