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Shui On Land Named Among TIME's World's Most Impactful Companies 2026

Business

Shui On Land Named Among TIME's World's Most Impactful Companies 2026
Business

Business

Shui On Land Named Among TIME's World's Most Impactful Companies 2026

2026-08-03 09:00 Last Updated At:09:15

First and Only Chinese Property Company to Receive This Global Honour

"Xintiandi Communities set a global benchmark for urban development by sustainably balancing historical heritage, future development needs with environmental sustainability. "  --- Stephanie Lo, Vice Chairman of Shui On Land

SHANGHAI, Aug. 3, 2026 /PRNewswire/ -- Shui On Land Limited (Stock Code: 272) has been named among TIME's inaugural "World's Most Impactful Companies" list for 2026, making it the first and only Chinese real estate developer to receive this prestigious recognition.

The World's Most Impactful Companies list quantitatively assesses companies' contributions across Society, Environment, Health, and Knowledge, measuring how core business activities align with the United Nations Sustainable Development Goals (SDGs). Launched by TIME in partnership with Statista, the list uses a data-driven methodology built on the Upright Project's Net Impact Model – which draws on over 200 million scientific articles and public statistical databases from the World Bank, WHO, OECD, IPCC, and other authoritative sources.

Shui On Land's inclusion demonstrates its position as a global pioneer in developing and operating sustainable communities. With cities home to 45% of the world's population—a share that continues to grow, particularly in Asia—and accounting for an estimated 70% of global carbon emissions, sustainable urban solutions have become a critical global imperative. Shui On Land's long-standing practice is a direct response to this imperative.

Xintiandi Communities: Setting a Global Benchmark in Sustainable Communities Development and Operations

China's rapid urbanisation in the last thirty years has created a tremendous need to develop vibrant, healthy, sustainable communities as building blocks of thriving cities. At the same time, heritage preservation and urban regeneration have become ever more important as part of urban solutions to create holistic and fulfilling lifestyles. Shui On Land's "Xintiandi communities" have set global benchmarks for building vibrant communities and creating landmark places. The Company pioneered the development of master-planned, mixed-use, culturally sensitive communities with placemaking at their core. This has yielded award-winning landmark communities in Shanghai, Wuhan, Chongqing and Foshan, offering a diversified portfolio of community models including Greater Xintiandi Community, Neighbourhood Community, Urban Retreat Community and Knowledge Community – each tailored to local context.

Ms. Stephanie Lo, Vice Chairman of Shui On Land, commented: "Thriving cities are made of vibrant communities, not buildings. We are dedicated to building resilient and culturally diverse urban communities that bring heritage to life. We have always believed a community's true value lies in whether people choose to stay and build their lives here, generation after generation, and this intergenerational continuity is rooted in economic, social, cultural, and environmental sustainability.

This recognition from TIME represents authoritative global validation of Shui On's approach to urban regeneration in China. We remain committed to a human-centric approach, opening up new possibilities for diverse ways of living, and shaping communities into self-sustaining, resilient, and enduring urban environments. By sustainably balancing historical heritage, future development needs with environmental sustainability, we provide exemplary solutions for cities—solutions that stand the test of time. "

Sustainability Leadership Affirmed: The 5C Sustainability Strategy in Action

This accolade affirms Shui On Land's long-standing commitment to sustainable development. The Company drives sustainability through its "5C Sustainability Strategy", encompassing five pillars: Community, Clean, Culture, Care, and Corporate Governance. This framework translates principles into concrete actions, supporting Shui On Land's low-carbon, climate-resilient, healthy and vibrant community development.

Shui On Land has been a pioneer in adopting the Science-based Targets Initiative (SBTi) and implementing carbon-reduction measures across its developments and operations, from renewable electricity to low-carbon building materials. For example, its flagship Shanghai Xintiandi has adopted 100% renewable electricity across all its operating properties since July 2024. Shui On has also partnered with the U.S. Green Building Council (USGBC) to launch the industry's first "Deep Green Lease" for office spaces in China, engaging tenants in emissions reduction across the entire community ecosystem. As a result, from a 2019 baseline, it cut Scope 1 and 2 carbon intensity by 57% and Scope 3 tenant carbon intensity by 32% in 2025. Beyond decarbonisation, Shui On Land also activates its communities through cultural and sports programmes that foster vibrant, healthy community life, tangibly benefiting tenants and customers and the wider public.

The recognition reinforces Shui On Land's long-standing belief that sustainability is fundamental to creating places that endure. As cities around the world confront the dual challenges of urban regeneration and climate resilience, Shui On Land will continue to respond with systemic innovation – ensuring that every community it creates becomes a vibrant, inclusive, and sustainable place where people and nature thrive together.

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About Shui On Land

Founded in 2004, Shui On Land (Stock Code: 272) is a leading urban solution provider in China, offering a diverse portfolio in top tier cities across the country with two core business segments: property development and asset management. The Company specialises in urban regeneration and developing communities that prioritise culture, social engagement, and sustainability. Shui On Land is committed to delivering a best-in-class lifestyle through its well-known brands "Xintiandi" and "Lakeville". As of December 31, 2025, the Company holds a land bank of 7.2 million sq.m. in prime locations across key Chinese cities. Its wholly owned subsidiary, Shui On Xintiandi, serves as the commercial property investment and management arm, making it one of the largest private commercial property managers in Shanghai. This subsidiary oversees a portfolio of RMB79 billion of office and retail premises in Shanghai, including the flagship Shanghai Xintiandi.

Shui On Land was listed on the Hong Kong Stock Exchange on October 4, 2006. The Company is included in several key indices, such as the BI China Real Estate Owners and Developers Valuation Peers, and the Bloomberg ESG Data Index.

For more information, please visit www.shuionland.com

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Shui On Land Named Among TIME's World's Most Impactful Companies 2026

Shui On Land Named Among TIME's World's Most Impactful Companies 2026

In the news release, "Spider-Man: Brand New Day" Swings to a $19.2 Million IMAX Opening Weekend in China, Setting Franchise-Best Records, issued 03-Aug-2026 by IMAX over PR Newswire, we are advised by the company that the subheading, should read "IMAX's Biggest Hollywood Opening Day in China Since 2019" rather than "IMAX's Biggest Hollywood Opening Day and Weekend in China Since 2019" as originally issued inadvertently. The complete, corrected release follows:

"Spider-Man: Brand New Day" Swings to a $19.2 Million IMAX Opening Weekend in China, Setting Franchise-Best Records

IMAX's Biggest Hollywood Opening Day in China Since 2019

BEIJING, Aug. 3, 2026 /PRNewswire/ -- IMAX China Holding, Inc. (HKEX: 1970) today announced that Sony Pictures/Marvel's "Spider-Man: Brand New Day" grossed more than $19.2 Million at the IMAX box office in China, delivering IMAX franchise records for both opening day and opening weekend. The record-setting debut marks IMAX's biggest opening day for a Hollywood release in China since "Avengers: Endgame" in 2019, while also establishing a new opening weekend record for a single-character superhero film. IMAX accounted for 16% of the film's nationwide opening weekend box office with roughly 1% of total screens, delivering the highest IMAX index ever for the live action franchise.

The momentum was evident from the start, with IMAX midnight screenings generating more than $1.2 Million, representing 30% of the film's nationwide midnight grosses. The strong demand translated into a new 2026 IMAX China midnight-screening record, and achieved the biggest-ever IMAX midnight-screening performance for both the "Spider-Man" franchise and a single-character superhero film.

"Congratulations to our partners at Sony Pictures and Marvel Studios on this phenomenal opening," said Daniel Manwaring, CEO of IMAX China. "This landmark performance once again demonstrates IMAX's unique ability to elevate great storytelling into must-see theatrical events, while underscoring the Chinese market's enduring appetite for event cinema. This powerful opening further fuels our momentum through the rest of the summer season, backed by a strong content pipeline ahead."

As "Spider-Man: Brand New Day" continues its run across IMAX theatres nationwide, Christopher Nolan's "The Odyssey", the world's first feature film shot entirely with IMAX film cameras, will open in IMAX theatres across China on August 14, following nationwide previews from August 8. The IMAX summer lineup also includes "Kung Fu Soccer" and "All Wishes Come True!", currently playing in theatres, as well as the upcoming "The End of Oak Street".

About IMAX China

IMAX China is a subsidiary of IMAX Corporation and was incorporated as a limited liability company under the laws of Cayman Islands. IMAX China was established by IMAX Corporation specifically to oversee the expansion of IMAX's business throughout Greater China. Shares of IMAX China trade on the Hong Kong Stock Exchange under the stock code "1970".

About IMAX Corporation

IMAX (NYSE: IMAX) is a global leader in entertainment technology, delivering immersive cinematic experiences through proprietary software, architecture, and projection systems. Filmmakers, studios, and artists worldwide use IMAX to connect with audiences at scale, making its network one of the most powerful platforms for blockbuster events and entertainment.

Headquartered in New York, Toronto, and Los Angeles, IMAX operates 1,865 systems across 91 countries and territories as of March 31, 2026. IMAX China Holding, Inc., a subsidiary of IMAX Corporation, trades on the Hong Kong Stock Exchange under stock code "1970." IMAX and related marks are trademarks of IMAX Corporation. For more information, visit www.imax.com.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

"Spider-Man: Brand New Day" Swings to a $19.2 Million IMAX Opening Weekend in China, Setting Franchise-Best Records

"Spider-Man: Brand New Day" Swings to a $19.2 Million IMAX Opening Weekend in China, Setting Franchise-Best Records

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