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Friday, 25 November 2016, 18:04 HKT/SGT

Source: Neo Telemedia Limited
Neo Telemedia Receives Excellent Performance Award From Capital Weekly

HONG KONG, Nov 25, 2016 - (ACN Newswire) - Neo Telemedia Limited ("Neo Telemedia" or the "Group;" stock code: 8167) today announced that it has received The Listed Enterprise Excellence Awards 2016 - Excellent Performance Award from Capital Weekly under South China Media Group honouring its achievements in the past year. The award testifies to the success of the Group's long term development strategies and the wide industry recognition.

Mr. Cheung Sing Tai, Chairman of Neo Telemedia Limited, said, "We are honoured to be receiving the award, which represents great recognition and endorsement of our leadership as a Big Data and Internet operator in the Greater China region. We focus on Internet and Big Data businesses and our wholly-owned subsidiary Guangdong Bluesea Mobile Development Company Limited will cooperate with large-scale telecommunications operator in China to invest in large IDC and cloud computing centres in Southern China, Hong Kong and Macau, as well as expand the coverage of network financial service business in China and Hong Kong leveraging its Big Data advantages. We also have strategic cooperative relationship with many leading and large enterprises in the industry to help us expand into other potential-rich markets. Looking ahead, we will continue to further develop our IDC and Big Data related businesses and, on the foundation they provide, expand Internet financial service business. We believe, having advantages in Big Data and IDC storage technologies and talent, the Group will be able to take its online financial services forward and drive business growth"

The Listed Enterprise Excellence Awards 2016 aims to recognise and honour the Hong Kong-listed companies in different industries, which had worked hard in the past year to promote corporate activities and boast effective business strategies. The judging panel comprising renowned leaders in the commercial sector assessed different attributes of the companies including their business concepts, annual performance, corporate governance and corporate social responsibility.

About Neo Telemedia Limited

Neo Telemedia Limited and its subsidiaries (collectively, the "Group") invest and operate Internet Data Center, provide big data and cloud computing services. The Group was included as a constituent stock in the MSCI Hong Kong Small Cap Index with effect from December 2016. Its wholly-owned subsidiary, Guangdong Bluesea Mobile Development Company Limited, partners with large-scale telecommunications operator in China to establish a large-scale cloud computing centre in Southern China. Additionally, Avatar Wealth and Bees Financial offer Internet finance platform business services. Shenzhou Aerospace Manufacturing Technology (Guangdong) Institute, which was jointly established by the Group, Shenzhou Aerospace Software Limited and Foshan Chancheng District People's Government, was registered as a non-profit organization at the Department of Civil Affairs of Guangdong Province on 23 October 2015. At the end of 2015, the Group completed a public offer and raised approximately HK$1.1 billion to be invested in the data center of Guangdong Bluesea Mobile Development Co., Ltd., including the Bluesea Big Data Industrial Park in Jiangmen Heshan City.

Strategic Financial Relations Limited
Joanne Lam    Tel: 852-2864 4816  Email:
Cecilia Shum  Tel: 852-2864 4890  Email:
Jeffrey Tam   Tel: 852-2864 4858  Email:

Nov 25, 2016 18:04 HKT/SGT
Source: Neo Telemedia Limited

Topic: Press release summary
Sectors: Media, Daily Finance, Enterprise IT, Daily News
From the Asia Corporate News Network

Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

Ms. Joane Lu, President of Neo Telemedia Limited, receives Excellent Performance Award on behalf of the Group.
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Mr. Cheung Sing Tai, Chairman of Neo Telemedia Limited and the Group's employees attend The Listed Enterprise Excellence Awards 2016.
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