/PRCWT/Shanghai, August 29, 2023——On the evening of August 24, the 2023 China (International) Shopping Center "Golden Ding Award" ceremony hosted by Yingshang Network was held in Shanghai. Mr. Tan Sen Yuan, President of SM Shopping Centre, was awarded the "Golden Ding Award for Shopping Centre International Influentials 2023" for his strategic vision, keen insight and operational excellence in the international industry.
The "Golden Ding Award" was initiated by Yingshang Network, in conjunction with the mainstream media of China's commercial real estate, in line with the evaluation principle of "objective and realistic, comprehensive and meticulous", and selected experts from academia, commercial real estate industry and professional institutions to form a strong jury lineup. Through data analysis of many authoritative institutions, on-site investigations of projects and businesses, media investigations and other means, they have a good knowledge of China's commercial real estate The large-scale professional review by famous brand merchants aims to promote the international development process of China's commercial real estate industry.
Mr. Tan Sen Yuan, officially appointed as President of SM Malls by SM PRIME Holdings, one of the largest integrated property developers in Southeast Asia, from 2020 onwards, to oversee the Group's shopping mall operations in the Philippines and China; SM has successfully continued its 65th year of retail innovation and customer service.
In particular, in the three years of the epidemic, he led the team to change challenges into opportunities again and again with "agility, responsibility, and innovation". For Mr. Chen, it is timely to assess the new needs of all parties, including consumers, tenants, shareholders, employees, etc. in response to the outbreak, and to continue to have the ability to meet various needs; It is what SM should focus on when facing environmental uncertainty and complexity.
To this end,SM Shopping Center ADAPTS to the new situation, formulates the comprehensive strategy of "upgrading the business mix, cultivating new functions of the project, marketing new customer groups, and expanding omni-channel services", constantly innovates and evolves, and ensures the steady growth of SM business.
Work together to cross the cycle and release the upward force of business. In the first half of 2023,SM Shopping Center's profit and revenue increased by 13% and 11%, respectively, compared with the pre-pandemic 2019. According to the expansion plan,SM Shopping Center will open 3 shopping centers in China and the Philippines in the second half of the year, when Mr. Chen Senyuan's overall operation of shopping centers will reach 93, with a total floor area of more than 10.8 million square meters, and the daily passenger flow will reach more than 4.8 million people.
For his leadership and outstanding performance in Asian business, Mr. Chen has also been awarded the "TATLER. Asia's Most Influential Person of the Year 2021, the Leadership Commitment and Action Award at the UN Women Asia Pacific WEPs Awards 2022, the Global Filipino Executive of the Year 2022 at the Asia CEO Awards, and PeopleAsia 2023.