New World Facilities Management Company Limited (NWFM) is a wholly-owned subsidiary of New World Development Company Limited (Stock Code: 17.HK). Inheriting the core values of its parent company, NWFM strives to promote the holistic development of youth, encourage the exchange of knowledge and experience among youth, and nurture future leaders through developing Youth Square as the platform for youth to develop and discover their potential. NWFM is a professional facilities management company dedicated to the successful management and operation of Youth Square. NWFM is committed to providing quality management and operation services to position Youth Square as the hub of territory-wide youth activities in Hong Kong. Youth Square is located in Chai Wan, Hong Kong and is a 3-minute walk from Chai Wan MTR Station. Youth Square has adopted an innovative spatial design and encompasses a wide range of facilities including a 148-room hostel, Y Theatre with 643 seats, Y Studio the black-box theatre, multi-purpose and exhibition areas, and retail and office space.