CTF Services
CTF Services Limited, is a conglomerate with a diversified portfolio of market-leading businesses, predominantly in Hong Kong and mainland China under Chow Tai Fook Enterprise. Operating businesses include toll roads, financial services, logistics, construction and facilities management.
CTF Services Limited, formerly known as NWS Holdings Limited, was established in 2003 when its predecessor, Pacific Ports Company Limited, acquired New World Services Limited from New World Development and the infrastructure assets from New World Infrastructure Limited. The company is headed by Henry Cheng, the elder son of Dr Cheng Yu-tung. Mr. Brian Cheng and Mr. Gilbert Ho are the Co-Chief Executive Officers of the Company.
Before 2020, the company was involved in infrastructure and service businesses in Hong Kong, Chinese Mainland and Macau. Its infrastructure division included roads, energy, water and ports projects. Its service division comprised facilities management, construction, Financial Services and Facilities Management . CTFS previously owned transportation business.
NWS has been optimizing its business portfolio since 2018. In August 2020, the Citybus and New World First Bus subsidiaries were sold to Bravo Transport. NWS sold New World First Ferry to Chu Kong Shipping in 2020. NWS achieves milestone in ESG journey with successful disposal of its interest in coal-fired power plant, Chengdu Jintang Power Plant, marking the complete phase-out of fossil fuel investments from its portfolio and demonstrating its commitment to sustainable practices.
Operating Businesses
Toll Roads
- Beijing-Zhuhai Expressway
- Beijing-Zhuhai Expressway
- Guangzhou-Zhaoqing Expressway
- Shenzhen-Huizhou Expressway
- Guangzhou Dongxin Expressway
- Guangzhou City Nansha Port Expressway
- Guangdong E-serve United Co., Ltd.
- Hangzhou Ring Road
- Shanxi Taiyuan – Gujiao Roadway
- Tangjin Expressway
- Hubei Suiyuenan Expressway
- Hubei Laogu Expressway
- Hunan Sui-Yue Expressway
- Hunan Changliu Expressway
- Guangxi Guiwu Expressway
Financial Services
- CTF Life
- uSmart
- Blackhorn
Logistics
- ATL Logistics Centre
- CTFS Chengdu Airport Logistics Centre
- CTFS Longquan Logistics Centre
- CTFS Xinjin Logistics Centre
- CTFS Xindu Logistics Centre
- CTFS Xindu North Industrial Park
- CTFS Hannan Logistics Park
- Suzhou Industrial Park
- China United International Rail Containers Co., Limited
Construction
- Hip Hing Group
- Vibro Group
- Quon Hing Group
- Hsin Chong Aster Building Services Limited
Facilities Management
- Hong Kong Convention and Exhibition Centre
- Gleneagles Hong Kong Hospital
Corporate affairs