Neway is a name synonymous with karaoke and clubbing, but the company's origins are far from the bright lights and loud music of nightlife.
When Angela Ng Wai-yung and her husband Dr Suek Chai-kit established Chung Tai Printing in 1979 little did they know the company would one day be a giant of the entertainment world. Chung Tai listed in Hong Kong in 1992, and became Neway in 2009 when it acquired karaoke and entertainment businesses.
Ng, who remains in charge of the company's printing operations, said any business can be sustainable, as long as management was on the right track. However, what worked yesterday may not work today. In 2009, she put her son in the position of chairman, allowing him to try out younger ideas and lead the company into a new era.
A devoted Buddhist and a mother of three children, Ng said it was possible for women to play different roles and develop a management style of their own. Why did you expand into karaoke, a business with nothing in common with printing?
These days, manufacturing is not an easy business. The competition is intense. It is a supply-demand issue. China is the world's factory and many people are operating factories on the mainland. Competition is increasing and profit margins are narrowing. Seeing the difficulties, we preferred to diversify our business but we will not give up printing.
How many employees do you have now?