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Focus Graphite Advances ESIA Reporting at Lac Knife and Accelerates Mineral Resource Expansion at Lac Tetepisca and Announces the Grant of Options and RSUs
Ottawa, Ontario--(ACN Newswire via SeaPRwire.com - August 13, 2025) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company"), a leading Canadian graphite developer advancing high-grade projects in Québec, is pleased to announce the resumption of work on the Environmental and Social Impact Assessment ("ESIA") for its 100%-owned Lac Knife flake graphite project located near Fermont, in the province's prolific iron ore mining district.The Company has formally re-engaged IOS Geosciences Inc. ("IOS"), a leading Québec-based geological consulting firm and former general contractor on the ESIA, to complete a total of sixteen (16) technical reports required for submission to Québec's environmental and natural resource authorities. These reports represent a major step in advancing the Lac Knife project toward permitting and the goal of mine construction.The ESIA program, initially launched in 2020, involves multidisciplinary technical evaluations and environmental baseline work conducted across 2020 and 2021. Finalization was delayed due to funding constraints but is now back on track. Report completion is estimated by early 2026, with submissions planned shortly thereafter to the Québec Ministry of Sustainable Development, Environment, and the Fight Against Climate Change ("MDDELCC"), as well as the Ministry of Natural Resources and Forests ("MRNF").The sixteen (16) technical reports in progress cover critical permitting areas, including:Condemnation and pit wall drillingAcid-generating potential analysisGeotechnical drilling and soil mechanicsSoil geochemistry and chemistry baselineLake-bottom geochemical and surface water quality surveysGroundwater habitat assessment and follow-upCaribou habitat assessment and follow-upGeometallurgical and graphite flake characterizationThese comprehensive studies are essential for satisfying Québec's rigorous environmental and social licensing requirements and underscore Focus Graphite's commitment to environmental stewardship and Indigenous engagement through project development.In parallel, Focus has also authorized IOS proceed with geochemical analysis of over 1,000 split and pulverized drill core samples collected from its 2022 exploration drilling program at the Lac Tétépisca ("Tétépisca") graphite project. The samples, targeting the Southwest MOGC and West Limb geophysical (MAG-EM) conductors, will undergo carbon and sulfur determinations at certified laboratories.Upon receipt of assays, IOS will finalize and submit the corresponding technical reports covering 14,900.5 metres of core drilling from 74 holes to the MRNF. An updated Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") and National Instrument ("NI") 43-101 compliant Mineral Resource Estimate ("MRE") for the Manicouagan-Ouest Graphitic Corridor ("MOGC") graphite deposit is anticipated in Fall 2025, which will further define Tétépisca's development potential alongside Lac Knife."Resuming the ESIA is a pivotal milestone that moves us closer to full permitting and our goal of mine development at Lac Knife," said Dean Hanisch, CEO of Focus Graphite. "With most fieldwork and laboratory studies already complete, we're in a strong position to finalize this critical stage efficiently. At the same time, initiating assay work at Tétépisca to support an upgraded mineral resource estimate reflects our commitment to building value across our entire Québec asset base."The Company also announced the grant of incentive stock options as compensation to its directors, officers, employees, and consultants. Options to purchase up to 4,215,000 Common Shares of the Company have been granted at an exercise price of $0.14 per share. The options expire on 13 August, 2030. Additionally, the Company has granted 1,350,000 restricted stock units ("RSUs") to officers, directors, and consultants of the Company under the terms of the Company's restricted share unit and equity incentive plan (the "RSU and EIP Plan"). Each RSU entitles the holder to acquire one common share of the Company after the vesting period in accordance with the Plan.Qualified PersonsThe technical content disclosed in this news release was reviewed and approved by Réjean Girard, P.Geo. (QC), President of IOS Geosciences Inc., a consultant to the Company, and a qualified person as defined under National Instrument NI-43-101.About Focus Graphite Advanced Materials Inc. Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defense, and advanced materials industries.Our Lac Tétépisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining - we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.Our commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals - reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.For more information on Focus Graphite Inc. please visit http://www.focusgraphite.comInvestors Contact: Dean HanischCEO, Focus Graphite Inc.dhanisch@focusgraphite.com+1 (613) 612-6060Jason LatkowcerVP Corporate Developmentjlatkowcer@focusgraphite.comCautionary Note Regarding Forward-Looking StatementsCertain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated," and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events.In particular, this press release contains forward-looking information regarding, among other things, the completion and submission of the sixteen technical reports required for the Lac Knife Environmental and Social Impact Assessment, the anticipated timeline for ESIA report submission and permitting, the initiation and results of geochemical analyses at the Lac Tétépisca project, the anticipated updated NI 43-101 Mineral Resource Estimate for the Tétépisca deposit, the Company's positioning as a near- and long-term secure supplier of specialty graphite materials, and the potential geopolitical significance of Canadian graphite supply.Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company's public disclosure documents available under its profile on SEDAR+.The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/262450 Copyright 2025 ACN Newswire via SeaPRwire.com.
Kangji Medical Receives Privatisation Proposal from a Consortium Led by Kangji Medical’s Chairman, Zhong Ming, TPG and QIA to Advance Long-Term Strategic Vision
Kangji Medical Holdings Limited and Knight Bidco Limited today jointly announced the pre-conditional proposal for the privatisation of Kangji Medical Holdings Limited by way of a scheme of arrangement (the “Proposal”).Proposed privatisation of Kangji Medical Holdings LimitedThe Cancellation Price of HK$9.25 per share represents a 21.7% premium over the closing price on 30 June, 2025, being the Undisturbed Date, a 47.3% premium over the 360-trading day average closing price up to and including the Undisturbed Date, and exceeds the highest closing price as quoted on the Stock Exchange since 2022The proposed privatisation will be effected by way of a scheme of arrangement; the Offeror Concert Parties collectively hold 74.75% shares in the Company; an Irrevocable Undertaking has been received from one institutional shareholder to vote in favour of the ProposalThe Proposal presents shareholders with certainty over their ability to monetise their interests in Kangji Medical Holdings Limited, following a period of sustained pressure on trading prices and limited liquidityHONG KONG, Aug 13, 2025 - (ACN Newswire via SeaPRwire.com) - Aug 12 2025, Kangji Medical Holdings Limited (“Kangji Medical” or the “Company”, Stock Code: 9997.HK) and Knight Bidco Limited (the “Offeror”) today jointly announced a privatisation proposal. The parties intend to implement the privatisation of the Company by way of a scheme of arrangement, with a view to enabling the Company to focus on long-term strategic decisions, such as longer-term business investment in R&D and operations enhancements.Upon completion of the Proposal, the Company will become a wholly-owned subsidiary of the Offeror, and the listing of the Shares will be withdrawn from the Stock Exchange.The Offeror is owned by a consortium comprising Mr. Zhong and Ms. Shentu (the Founders), the TPG Entities, NewQuest V and Al-Rayyan Holding. Rationale for the ProposalDue to the long-term underperformance in the trading prices and trading liquidity of the Shares, the ability of the Company to raise funds from the equity market has been significantly limited. In addition, the Company has to incur administrative, compliance and other listing related costs and expenses for maintaining the listing status. Accordingly, there are limited benefits for the Company to maintain its listing status.In light of intensifying competition in domestic market and ongoing regulatory uncertainties, and in order to achieve sustainable growth, the Company's long-term strategy requires significant investment which could create short-term pressure on the Company’s financial performance. It is anticipated that additional resources need to be allocated to areas including sales and marketing, investment in research, development, and commercialisation, and the Company’s market expansion outside of China.Considering this, and the listing-related costs, there are limited benefits for Kangji Medical to maintain its listing status. In addition, the implementation of the Proposal will alleviate pressure on Kangji Medical’s short-term financial performance, which enables better focus on strategic objectives. It is anticipated that additional resources will need to be allocated for its future sustainable growth.Furthermore, the Proposal provides minority shareholders an attractive opportunity to realise compelling returns amid market volatility, industry and macro uncertainties, and the limited liquidity of the Shares.Knight Bidco Limited’s proposal offers a timely solution to Kangji Medical and its shareholders. Its proposal to privatise Kangji Medical will:(a) reduce Kangji Medical’s administrative, compliance and other listing related costs;(b) relieve Kangji Medical from the pressure associated with short-term performance metrics and enable Kangji Medical to focus on long-term strategic decisions (such as longer-term investment in R&D and operations enhancements which might incur short-term losses); and(c) present shareholders with certainty over their ability to monetise their interests in Kangji Medical at an attractive premium to the undisturbed share price.In summary, the Offeror believes that a take-private transaction is the strategic alternative that provides immediate and most compelling value for all shareholders, while also avoiding exposure to uncertain market conditions.Overview of the ProposalThe proposal sets out a Cancellation Price of HK$9.25 per share, valuing the company at approximately US$1.4 billion on an equity value basis.[1]The Offeror has indicated the Cancellation Price is final and will not be increased further.The Cancellation Price reflects:A 21.7% premium over the closing price on the Undisturbed Date (being 30 June, 2025).A 47.3% premium over the closing price of 360-trading day average price up to and including the Undisturbed Date.An 84.6% premium over the 52-week closing low (HK$5.01) up to and including the Undisturbed Date.A Cancellation Price above the highest closing price as quoted on the Stock Exchange since 2022 (HK$8.66).The Cancellation Price has taken into account, among other things, the recent and historical prices of the Shares traded on the Stock Exchange, publicly available financial information of the Company and with reference to other similar privatisation transactions in Hong Kong in recent years.The Proposal is subject to satisfaction of the Pre-Conditions by the Pre-Condition Long Stop Date (being 31 January, 2026) and the Conditions by the Long Stop Date (being 30 April, 2026). The Company will appoint an independent financial adviser (the “IFA”) to advise the committee of directors who are considered independent for the purposes of the Proposal (the “Independent Directors”) for the purposes of making a recommendation to shareholders in connection with the Proposal. Details of the Proposal including the Independent Directors’ final recommendation on the Proposal and the IFA’s advice will be included in the Scheme Document, expected to be dispatched to shareholders in due course.Scheme MeetingDetails of the Scheme Meeting to be convened will be contained in the Scheme Document which is expected to be dispatched to shareholders in due course.There are several pre-conditions and conditions as set out in the Joint Announcement, including regulatory approvals, shareholders approval and compliance with other legislative requirements.Irrevocable UndertakingAn Irrevocable Undertaking has been received from one institutional shareholder to vote in favour of the Proposal. Further details are available in the Joint Announcement.Trading in the Shares of the Company has been suspended on the Stock Exchange since 9:00 a.m. on 18 July, 2025, pending the release of this Announcement. The Company has applied to the Stock Exchange for the resumption of trading of Shares with effect from 9 a.m. on August 13, 2025.J.P. Morgan acted as the exclusive financial advisor to the Offeror.Kangji Medical Holdings LimitedKangji Medical is a medical device group founded in 2004 with headquarters at Hangzhou, Zhejiang Province, China. It was listed at the mainboard of the Stock Exchange of Hong Kong in June 2020 (Stock Code: 9997.HK). The Company specializes in the design, development, manufacture and sale of minimally invasive surgery instruments and accessories (“MISIA”). It strives for the mission of “providing physicians with high-quality products and services, and dedicating to improve people’s health”. The Company offers a comprehensive product portfolio to provide physicians and hospitals one-stop and tailored surgical solutions primarily for four major surgical specialties, including obstetrics and gynecology, general surgery, urology, and thoracic surgery. It is also committed to developing an internationally recognized minimally invasive surgery instruments and accessories platform with global coverage.About Knight Bidco LimitedEach of the Offeror, MidCo and TopCo is a newly incorporated company in the Cayman Islands with limited liability and an investment holding company set up solely for the purposes of implementing the Proposal. As at the date of the announcement, the Offeror is wholly owned by MidCo, which in turn is wholly owned by TopCo. As at the date of this announcement, TopCo is held by the Consortium Members, as to approximately 25.53% by Fortune Spring ZM, approximately 14.47% by Fortune Spring YG, approximately 24.38% by TPG Asia VII, approximately 5.01% by Keyhole, approximately 5.69% by Knight Success, approximately 4.56% by NewQuest V and approximately 20.36% by Al-Rayyan Holding. As at the date of this announcement, save as disclosed in the section headed “Shareholding Structure of the Company” in the Joint Announcement, none of TPG Asia VII, Keyhole, Knight Success, NewQuest V and Al-Rayyan Holding is a Shareholder.Kangji Medical is controlled by Mr. Zhong and his spouse Ms. Shentu who together hold 52.98% of the shares in Kangji Medical. Following the privatisation of Kangji Medical, Mr. Zhong and Ms. Shentu will remain the largest shareholders in the ultimate parent company of the Offeror, holding 40.00% of the shares in TopCo via Fortune Spring ZM and Fortune Spring YG. Further details are available in the Joint Announcement.Each of the Founder Entities is a business company incorporated in the British Virgin Islands.Knight Success is a newly incorporated company in Singapore with limited liability and an investment holding company. Keyhole is an exempted company incorporated in the Cayman Islands with limited liability and an investment holding company. TPG Asia VII is a company incorporated in Singapore with limited liability. Each of Knight Success and Keyhole is either wholly owned or controlled by TPG Asia VII, which is in turn controlled by TPG Asia GenPar VII Advisors, Inc. and ultimately controlled by TPG Inc., a publicly traded Delaware corporation (NASDAQ).TPG is a leading global alternative asset management firm founded in 1992 with more than US$269 billion of assets under management as of 30 June 2025. For many years, TPG has been investing in transformation, growth, and innovation and aims to build dynamic products and strategies for its investors while also instituting discipline and operational excellence across its investment strategies and performance of its portfolios.NewQuest V is a company incorporated in Singapore with limited liability and an investment holding company. NewQuest V is wholly owned by NewQuest Asia Fund V, L.P., which is in turn controlled by NewQuest Asia Fund V GP Ltd. and ultimately controlled by TPG Inc., a publicly traded Delaware corporation (NASDAQ).Established in 2011, NewQuest is one of Asia’s leading secondary private equity platforms with the most experienced secondary team in Asia across five offices. Since its founding, NewQuest has focused on working with GPs to create bespoke, tailored solutions to meet liquidity and other strategic needs of private asset owners and their stakeholders. Starting from a strategic partnership forged in 2018, NewQuest became wholly owned by TPG in January 2022.Al-Rayyan Holding is a limited liability company established in 2012 under the regulations of the Qatar Financial Centre Authority in the State of Qatar, and is a 100%-owned indirect subsidiary of QIA, the sovereign wealth fund of the State of Qatar. QIA was founded in 2005 to invest and manage the state reserve funds. QIA is among the largest and most active sovereign wealth funds globally. QIA invests across a wide range of asset classes and regions as well as in partnership with leading institutions around the world to build a global and diversified investment portfolio with a long-term outlook. As at the date of this announcement, Al-Rayyan Holding and its concert parties (other than those who are, or deemed to be, acting in concert with Al-Rayyan Holding solely in connection with the Consortium) are not interested in any Shares.For enquiries, please contact:Kangji Medical Holdings LimitedOfferorMedia contact: Wonderful Sky Financial Group LimitedAngie Li & Jason LaiTel: +852 6150 8598 / +852 9798 0715Email: po@wsfg.hkMedia contact: Brunswick GroupKatelin Stevenson & Tong Li+852 9875 3351 / +86 134 8872 6729TeamKnight@brunswickgroup.com[1] Based on HK$9.25 Cancellation Price per share, 1,207,994,000 shares outstanding, and USD/HKD of 7.85All capitalized terms which are used in this press release but not otherwise defined herein shall have the meanings ascribed to them in the Joint Announcement dated 12 August, 2025. This press release should be read in conjunction with the Joint Announcement, a copy of which is available on https://www1.hkexnews.hk/listedco/listconews/sehk/2025/0812/2025081201338.pdf. Copyright 2025 ACN Newswire via SeaPRwire.com.
Formerra Becomes North American Distributor for Syensqo PVDF
ROMEOVILLE, IL, Aug 12, 2025 - (ACN Newswire via SeaPRwire.com) - Formerra, a leader in performance materials distribution, has signed an agreement with Syensqo to distribute its Solef® Polyvinylidene Fluoride (PVDF) materials in North America. The agreement expands access to this critical material known for its combination of chemical resistance and flexibility. Solef® PVDF joins a growing list of high-performance materials in Formerra's portfolio designed to advance product development and innovation."With this new agreement, Formerra will be able to support customers across multiple markets with the materials they need to meet demanding application requirements," said Bob Long, Business Development Manager at Formerra. "In addition, this reinforces our commitment to delivering unmatched access, application support, and advanced materials for customers navigating complex performance and regulatory challenges."PVDF is positioned near the top of the performance pyramid for its outstanding chemical and heat resistance. Its inherent flexibility further enhances its suitability for demanding applications in chemical processing, healthcare, and automotive industries. Key properties* include:Heat resistance: Continuous use temperatures up to 150 degrees C (302 degrees F), bursting pressures of up to 139 bar (2,017 psi) at room temperatureChemical purity: Ultra-pure water resistivity, meeting SEMI F-57 specifications for the semiconductor industryBalance of strength and flexibility: Tensile yield strength up to 55 MPa (8,000 psi) with elongation at break up to 100%"We chose Formerra as our distribution partner for Solef® PVDF in North America because of their technical and commercial reach," said Rose Catherin, Sales Director Americas, Channel partners, Distribution and Digital Sales at Syensqo Specialty Polymers. "Their commitment to excellence and long-standing presence in critical markets make them an ideal fit to help expand the availability and use of Solef® PVDF."*As measured by TDSCaption: Formerra Becomes North American Distributor for Syensqo Solef®PVDF.Key Details:Formerra is an authorized distributor of Solef® PVDF from Syensqo in North America.The agreement includes support for high-performance applications across a broad spectrum of industries.PVDF offers excellent chemical resistance, thermal stability, and flexibility.Formerra provides technical guidance and supply chain expertise to support material selection and application development.About FormerraFormerra is a preeminent distributor of engineered materials, connecting the world's leading polymer producers with thousands of OEMs and brand owners across healthcare, consumer, industrial, and mobility markets. Powered by technical and commercial expertise, it brings a distinctive combination of portfolio depth, supply chain strength, industry knowledge, service, leading e-commerce capabilities, and ingenuity. The experienced Formerra team helps customers across multiple industries to design, select, process, and develop products in new and better ways - driving improved performance, productivity, reliability, and sustainability. To learn more, visit www.formerra.com.Media ContactJackie MorrisMarketing Communications Manager, Formerrajackie.morris@formerra.com+1 630-972-3144SOURCE: Formerra Copyright 2025 ACN Newswire via SeaPRwire.com.
GEON Performance Solutions Achieves Great Place to Work Recognition Globally Second Year in a Row
WESTLAKE, OH, Aug 12, 2025 - (ACN Newswire via SeaPRwire.com) - GEON® Performance Solutions, a global leader in the formulation, development and manufacture of performance polymer solutions, announced today that it received Great Place To Work® (GPTW) certifications for its USA, Canada, Mexico and China locations. Since partnering with GPTW in 2021, GEON's cultural and sustainability vision is to achieve this recognition each year.GPTW Certified GEON is Great Place to Work-Certified in the US, Canada, Mexico and China.GPTW asks employees to quantify and benchmark their experience, workplace culture and leadership behaviors which are proven to deliver market-leading revenue, employee retention and increased innovation."We are thrilled to receive Great Place To Work recognition in all four countries in which we operate for two consecutive years. Great Place To Work companies are evaluated against top employers globally, so this is a testament that our journey to cultural excellence is on the right track," said GEON Chief Executive Officer Tracy Garrison. "We believe leaders in the marketplace must also be leaders in the workplace. To do this, we nurture a positive work culture everywhere we operate while striving to grow in areas that still need improvement."GEON received a 79 percent engagement rating which exceeds the typical company by over 20 percent. GEON's score improved year-over-year in the U.S., Canada and China and held steady in Mexico. The U.S. survey included the full scope of GEON employees, including employees from Foster, LLC which GEON acquired in January of 2025.According to Great Place To Work research, job seekers are 4.5 times more likely to find a great boss at a Certified™ great workplace. Additionally, employees at Certified workplaces are 93 percent more likely to look forward to coming to work and are twice as likely to be paid fairly and have a fair chance at promotion."Like the data show, achieving GPTW certification is not only a reflection of our culture, but it directly impacts our ability to retain good people who are excited to come to work each day," said GEON Chief Human Resources Officer Jerome Beguerie. "This has a direct impact on our customers and their experience with us."About GEON Performance SolutionsGEON® Performance Solutions is a leading innovator in the development of polymer compounding solutions for a broad range of markets including building & infrastructure, consumer, industrial, transportation, and power & communications. With the acquisition of Foster, LLC, GEON has enhanced participation in the high-growth healthcare and medical device industry and builds on a portfolio of highly adaptable vinyl, polyolefin and engineered resin technologies as well as a full-service contract manufacturing business. GEON has approximately 1,200 global associates and 15 world-class manufacturing plants with headquarters in Westlake, Ohio. Learn more at www.geon.com. GEON is a portfolio company of SK Capital Partners.About SK CapitalSK Capital is a transformational private investment firm with a disciplined focus on the specialty materials, ingredients, and life sciences sectors. The firm seeks to build resilient, sustainable, and growing businesses that create substantial long-term value. SK Capital aims to utilize its industry, operating, and investment experience to identify opportunities to transform businesses into higher performing organizations with improved strategic positioning, growth, and profitability, as well as lower operating risk. SK Capital currently has approximately $10 billion in assets under management as of December 31, 2024. For more information, please visit www.skcapitalpartners.com.Contact InformationRenita AndersonVice President, Marketing & Business Developmentrenita.anderson@geon.com678-772-8953SOURCE: GEON Performance Solutions Copyright 2025 ACN Newswire via SeaPRwire.com.
China Lilang Announces 2025 Interim Results
HONG KONG, Aug 12, 2025 - (ACN Newswire via SeaPRwire.com) - China Lilang Limited (“China Lilang” or the “Company”, together with its subsidiaries, the “Group”; stock code: 1234) today announced its interim results for the six months ended 30 June 2025.Mr. Wang Dong Xing, Chairman and Non-Executive Director of China Lilang, said: “In the first half of 2025, international trade environment became increasingly harsh and complex. During the period, consumer spending in the mainland gradually recovered, but consumers remained cautious about spending on non-essential goods. China Lilang prides a well-differentiated brand matrix that has enabled it to penetrate and have a strong foothold in the menswear market. It appealed to its target customer base through precise product positioning and channel strategies, and launched a number of ‘LILANZ’ and ‘LESS IS MORE’ brand products to meet the needs of the consumer market. In addition, the Group actively deployed omni-channel marketing to enhance the popularity of the Lilang brands and improve the efficiency of online and offline sales channels to boost overall sales and operational competence.”For the six months ended 30 June 2025, the Group’s revenue increased by 7.9% to RMB1,727 million. Among this, revenue of the smart causal collection and other collections urged 31.8%, mainly driven by strong performance in in-store sales of the smart casual collection and new retail business. The core collection recorded a slight decrease of 0.2%, primarily due to one-off revenue deduction resulting from the promotion of DTC business model in Shandong Province and Chongqing City.Gross profit margin increased by 0.2 percentage points year-on-year to 50.2%, mainly due to the increase in average unit price as a result of higher proportion of the direct-to-retail operation in sales revenue. Profit attributable to equity shareholders for the period was RMB242.5 million (2024 Interim: RMB280.1 million). Profit margin attributable to equity shareholders was 14.0%. Earnings per share were RMB20.2 cents.During the period, the Group maintained a healthy financial position with sufficient cash flow. The Board of Directors has recommended payment of an interim dividend of HK11 cents (2024 Interim: HK13 cents) per ordinary share and a special interim dividend of HK5 cents (2024 Interim: HK5 cents) per ordinary share, thereby maintaining a stable payout ratio.The Group diligently advanced its strategic transformation during the period, plus continued to implement its “Multi-brands and Internationalization” development strategy to expand business. The core collection “LILANZ” has continued to consolidate its competitive advantage in the traditional menswear market and successfully amplified its brand awareness and market share. The repurchase and transformation of distribution and agency rights in North-Eastern China and Jiangsu Province were completed last year. During the period, the Group has repurchased the operating rights from distributors in the entire Shandong province and Chongqing city and adopted the DTC model. The "LESS IS MORE" smart casual collection that targets younger consumers continued to operate in a fully direct-to-retail mode. The newly opened stores of the smart casual collection were mainly in South-Western China and Central and Southern China. As at 30 June 2025, there were 2,443 stores for the core collection and 331 stores for the smart casual collection.During the period, the Group continued to optimize its sales channels, opening new stores in shopping malls and outlet stores in prime locations as planned. By incorporating tech-savvy visual aesthetics and youthful, fashionable layouts, the Group has brought the brand’s“Simplicity but not Simple” philosophy to life, thereby enhancing its brand image and driving sales. As at June 30, 2025, the number of stores located in shopping malls rose to 957 (31 December 2024: 933), the store count of outlet stores increased to 121 (31 December 2024: 103), with a total of 2,774 retail stores.The Group completed strategic transformation of its new retail business, upgrading it from an inventory clearance channel into a major new product sales platform, which reported a remarkable 24.6% increase in revenue for the period. While continuing to strengthen its presence on established sales platforms like Tmall, JD.com and TikTok, the Group has also expanded into emerging channels such as Pinduoduo, Wechat Channels and Poizon, creating diversified online sales network all together. It has kept enhancing its e-commerce strategy and leveraged social media platforms such as Xiaohongshu and Weibo to keep releasing high-quality content. This approach has deepened its emotional connection with consumers and presented it with new business opportunities.In terms of“Multi-brands and Internationalization” development strategy, the business of “MUNSINGWEAR” was successfully handed over to the Group in the first half of the year. The Group plans to open its first batch of physical stores in the second half of the year. The Group has opened its first store in Malaysia, which started trial operation in May, marking a significant step in overseas expansion.For the research, development and innovation and brand marketing, the Group is committed to achieving breakthroughs in fabrics, craftsmanship and technologies by pursuing proprietary research and development across its industrial chain, with the goal of enhancing the brand's core competitive advantages. During the period, the Group’s original durable white non-iron shirts, “Water Repellent Down 3.0” and the wash-resistant polo shirts have obtained multiple certifications for their anti-wrinkle, quick-drying, and wash-resistant features, successfully driving sales growth. To step up brand transformation aiming at youth consumers, the Group has harnessed celebrity influence, collaborated with cultural IPs, and employed immersive marketing tactics to engage consumers across various age groups and city tiers.Looking ahead to the second half of 2025, the development of domestic consumer market continues to be challenging. As an industry leader, China Lilang will press on with applying its strengths, following shifts in the consumer market and technological advancement, to promote transformation and to enhance brand influence, achieving sustainable sales and profit growth.In the second half year, the Group will continue to push forward with transformation. It will continue to capitalize on the operational advantages of the DTC model in North- Eastern China, Jiangsu Province, Shandong Province and Chongqing City to achieve healthy expansion, tailoring implementation taking into account the specific conditions of each market to further achieve optimal operational performance. For the smart casual collection, which is operated entirely in the direct-to-retail mode, will have its development foundation strengthened to help maintain its strong development momentum. The Group expects the DTC model to unleash its potential further in the second half year and contribute to sales growth.On the other hand, the Group will continue to leverage the advantages of its sales channel reform, focusing on opening stores in prime locations in premium shopping malls in provincial capitals and prefecture-level cities, and closing the underperforming stores to achieve better overall store performance. At the same time, the Group will prudently expand the layout of outlet stores and increase the number of stores to speed up inventory clearance. The Group aims to achieve a net increase of 50-100 stores in 2025.To achieve both the online and offline development, the Group will accelerate its new retails business by leveraging various platforms to engage young customer groups and strengthen brand market penetration. By increasing brand exposure through multi-dimensional initiatives, the Group aims to increase online sales of new products, expecting a rise to 80% of total e-commerce sales. It will work on optimizing the respond time of its supply chain to meet customers’ needs, via including continuously upgrading its the smart logistics center.With a solid domestic foundation, the Group is confident of accelerating implementation of its “Multi-brands and Internationalization” development strategy. As a key project of its multi-brand strategy, "MUNSINGWEAR" will continue to focus on product development in the second half year to meet the needs of the new middle class for personalized, functional and sustainable fashion. For its overseas business, the Group will open more stores in Malaysia in the second half year to better tap the Malaysian market, as well as actively deploy plans to expand business coverage to other Southeast Asian markets. Furthermore, the Group will promote its brand popularity through collaboration with IPs, as well as enhancing interaction with consumers through precise social media marketing and membership programs to foster customer loyalty and capture bigger market share.Mr. Wang Dong Xing, Chairman of China Lilang, concluded: “While China's consumer market remains challenging, the Group maintains cautious optimism toward the retail sector given the government's implementation of multiple consumption-stimulus measures. The ‘LILANZ’ core collection and the ‘LESS IS MORE’ smart casual collection have both undergone innovative transformation, emerging with clearer positioning. This will enable the Group to enhance precision and efficiency in product development, design, marketing promotion and sales, and ultimately drive the long-term growth. On the other hand, as a steadfast practitioner of sustainable development, the Group has deeply embedded ESG principles into its corporate strategy, consistently driving green innovation and social shared value. During the period, we issued our first independently compiled ESG report titled "Creat a Better Life Together" and formally established an ESG Management Committee, integrating ESG governance into strategic planning and core values – demonstrating our commitment to long-term value creation. Notably, the Group achieved an MSCI ESG rating upgrade to BB, ranking among China's top menswear industry peers. Looking ahead, the Group will continue to reinforce its leadership in the domestic menswear sector and strive to achieve sustainable growth through implementing flexible marketing strategy and continuous innovation, to the ultimate end of generating greater value for shareholders, its employees and customers."About China LilangChina Lilang is one of the leading PRC menswear enterprises. As an integrated fashion enterprise, the Group designs, sources and manufactures high-quality business and casual apparel for men and sells under brands of 'LILANZ' and 'LESS IS MORE' across an extensive distribution network, mainly covering 31 provinces, autonomous regions and municipalities in the PRC. Copyright 2025 ACN Newswire via SeaPRwire.com.
Cryofocus Medtech Achieves Record Interim Results with 162% Revenue Surge Driven by Respiratory Intervention Products
HONG KONG, Aug 11, 2025 - (ACN Newswire via SeaPRwire.com) - Cryofocus Medtech (Shanghai) Co., Ltd. ("Cryofocus" or the "Company," Stock Code: 6922.HK), a global innovator in minimally invasive interventional cryotherapy, last friday announced its unaudited interim results for the six months ended June 30, 2025. The Company demonstrated robust growth momentum and significant operational optimization during the reporting period, with key financial metrics delivering exceptional performance. Notably, its respiratory intervention product portfolio fueled a substantial revenue surge, marking accelerated commercialization progress.Respiratory Intervention Products Emerge as Core Growth Engine, Highlighting Global Competitive EdgeThe Company recorded revenue of RMB51.1 million for the first half of 2025, a 162.4% increase from RMB19.5 million in the same period of 2024, setting a new historical high. This growth was primarily attributable to the strategic focus on respiratory intervention products entering a harvest phase: The Malignant Stenosis Cryoablation System, approved by China’s National Medical Products Administration (NMPA) in March 2025, and the previously commercialized Cryoadhesion System, experienced rapid sales expansion, becoming the dominant revenue drivers. Additionally, the distribution partnership with Boston Scientific’s China affiliate, BSC International Medical Trading (Shanghai) Co., Ltd. (“BSC”), contributed significant incremental revenue from other respiratory intervention products in mainland China.Of particular significance, the Company’s Asthma Cryoablation System received "Breakthrough Medical Device" designation from the U.S. Food and Drug Administration (FDA) – the first such international recognition for a Chinese enterprise in the respiratory interventional cryotherapy field – laying a foundation for global market expansion.Cryofocus has established a highly competitive respiratory intervention portfolio addressing critical indications, including malignant stenosis, benign stenosis, asthma, chronic obstructive pulmonary disease (COPD), peri-pulmonary nodules, chronic cough, and airway tuberculosis. Among these: The Malignant Stenosis Cryoablation System has been successfully commercialized in China; systems for asthma and COPD are in confirmatory clinical trials with expected approvals in 2026; products for cough, tuberculosis, and peri-pulmonary nodules are in various R&D stages; and the Cryoadhesion System (including disposable and re-sterilizable cryoprobes) is approved and marketed. These innovations mainly stem from Cryofocus’s two core technology platforms: unique liquid nitrogen-based cryoablation technology (utilizing liquid nitrogen as the cryogenic energy source) and advanced flexible catheter technology. This integrated platform enables deep low-temperature treatment, precise control, and minimally invasive intervention, offering superior therapeutic efficacy and safety while creating significant technological barriers for competitors.Platform Value Multiplies as Multi-Segment Strategy Accelerates CommercializationCryofocus’s core value extends beyond its respiratory pipeline, underpinned by its distinction as an innovative cryotherapy platform enterprise. Leveraging its liquid nitrogen and flexible catheter technologies, the Company has successfully expanded into multiple high-potential therapeutic areas:In the vascular intervention segment: The Atrial Fibrillation (AF) Cryoablation System (for atrial fibrillation treatment) was commercialized in China in September 2024. The Cryofocus Renal Denervation (Cryo-RDN) System (for hypertension treatment), granted FDA Breakthrough Device designation, is in confirmatory clinical trials. The Pulmonary Hypertension Cryoablation System is currently in the stage of pre-clinical study. The market space for all these related cardiovascular indications is very huge.In the Natural Orifice Transluminal Endoscopic Surgery (NOTES) segment: The respiratory intervention portfolio, as detailed, is rich and leading. The cancer intervention portfolio includes the commercialized Bladder Cryoablation System; the Gastric Cryoablation System and Esophageal Cryospray System are in clinical trials targeting gastric and esophageal cancer markets.In non-cryotherapy products: Commercialized items such as the Pulmonary Nodule Localization Needle and Endoscopic Clip for Anastomosis, alongside pipeline products like the Atrial Fibrillation Pulsed Field Ablation (PFA) System and Anti-Gastroesophageal Reflux System, create complementary synergies.This "one-platform, multi-therapy" model endows Cryofocus with exceptional adaptability for indication expansion and pipeline sustainability. The Company currently boasts a robust portfolio of 23 products and candidates: 14 cryotherapy and 9 non-cryotherapy items, with 11 already commercialized. Such platform-based diversification is rare among single-therapy medical device firms, highlighting substantial long-term growth potential and risk resilience.Strong Financial Performance and Sustained Growth MomentumBeyond the revenue surge driven by respiratory products, Cryofocus’s interim results signal positive ongoing growth. The Company’s technological advantages further translated into financial resilience. Gross profit reached RMB34.3 million for the first half of 2025, up 124.5% year-on-year, with a solid gross profit margin of 67.1%. Enhanced R&D efficiency led to significantly reduced losses. R&D expenses optimized to RMB17.9 million (down 51.9% year-on-year), while the period loss narrowed 51.4% to RMB27.2 million, demonstrating a clear trend toward profitability. Cash reserves increased 40.1% from year-end 2024 to RMB63.7 million, providing a solid foundation for sustained R&D and market expansion.Revenue diversification and quality improved as high-value self-developed products (e.g., Malignant Stenosis Cryoablation System) launched and scaled, complemented by deepening collaboration with BSC. The significant reduction in R&D expenses reflects improved efficiency and reduced consumable needs as products advance, driven by optimized personnel costs and management enhancements. This establishes a sound framework for balancing innovation intensity with cost control.Furthermore, the Company increased investment in sales network development, with selling and distribution expenses rising 174.4% year-on-year to RMB9.2 million, underscoring proactive resource allocation to build marketing teams and promote newly launched products (e.g., Malignant Stenosis Cryoablation System), laying groundwork for future sales scale expansion.Global Peer Benchmark Highlights Valuation PotentialCryofocus’s technological strength in respiratory interventional cryotherapy, particularly in FDA-designated areas like asthma treatment, positions it competitively against global leaders.Benchmarked against Inspire Medical Systems (INSP) (focusing on OSA neurostimulation, differing in indication but similar in respiratory neuro-intervention): Inspire currently holds a market capitalization of US$2.279 billion and a trailing-twelve-month (TTM) P/E ratio of 44.28x. Cryofocus’s Asthma Cryoablation System similarly targets pulmonary vagal nerves via minimally invasive ablation, with an innovative pathway validated by FDA Breakthrough status. Yet, as a diversified platform innovator with a broad pipeline and multiple commercialized products, Cryofocus’s current Hong Kong market valuation (Inspire’s market cap is 12.8x Cryofocus’s) significantly trails Inspire’s.This substantial valuation gap, while influenced by factors such as differing markets (US vs. HK), stages of development (Inspire being profitable and established in the US market), and a single-product focus versus a platform model, nonetheless clearly underscores the significant upside potential in Cryofocus Medtech's current market valuation relative to its technological capabilities, the breadth of its product pipeline, and its potential for globalization breakthroughs. With the advancement of clinical progress for its respiratory intervention products (particularly the Asthma Cryoablation System COPD Cryospray System Peri-Pulmonary Nodule Cryoablation System), the clarification of overseas registration pathways, and the continued high-speed growth in its revenue scale, a market re-rating of its value represents a high-probability event. The current valuation level presents an attractive window of opportunity for investors bullish on the long-term prospects of the minimally-invasive interventional cryotherapy sector and the value inherent in a platform company model.Looking ahead, Cryofocus maintains a clear strategy: rapidly advance clinical development and commercialization of pipeline products; deepen focus on minimally invasive interventional cryotherapy while expanding the portfolio leveraging its core platforms; continuously invest in underlying and supporting technologies; and selectively expand global operations. The Company is steadily transitioning from R&D-driven to a dual-engine model integrating R&D and commercialization, advancing resolutely toward its vision of becoming a "global platform for minimally invasive interventional cryotherapy medical devices." Copyright 2025 ACN Newswire via SeaPRwire.com.
OMS Energy and Ministry XR Signed Strategic Memorandum
HONG KONG, Aug 12, 2025 - (ACN Newswire via SeaPRwire.com) - OMS Energy Technologies Inc. ("OMS Energy" or the "Company", stock code: OMSE) and Ministry XR ("Ministry XR"), a leading national institution for AI code governance and technical supervision in Singapore, officially signed a memorandum of understanding on 6 August 2025 to establish an in-depth strategic partnership between two parties. Leveraging AI-driven robotic coding technology and the cutting-edge engineering capabilities possessed by each other, OMS Energy and Ministry XR will jointly promote the intelligent transformation of the traditional energy industry, moving towards a more sustainable development future with high efficiency, low cost and high security.(Left) Mr. How Meng Hock, Chief Executive Officer of OMS Energy and Mr. Andrew Yew, Chief Technology Officer of Ministry XRThis cooperation focuses on the long-term strategic layout of "intelligently reshaping energy", aiming to build a complete ecosystem through three pillars:1.Frontier R&D in AI Robotic CodingOMS Energy and Ministry XR will jointly develop an exclusive AI-driven robotic coding framework tailored for the energy industry, with a focus on breaking through core scenarios such as predictive maintenance, autonomous operation, environmental compliance monitoring, and automation of safety protocols. This technology will significantly reduce human operation errors, eliminate personnel safety risks under different environmental conditions like extreme weather, steep terrain, a space filled with poisonous gas, remote area, etc, improve the uptime of energy infrastructure, and provide technical guarantees for the full-lifecycle inspection and maintenance of critical facilities such as oil and gas pipelines and wellhead systems.2.Commercialization and Large-Scale Market DeploymentTechnology implementation will quickly move from the laboratory to the industrial end: Ministry XR will assist OMS Energy in designing scalable commercialization pathways, including conducting pilot projects, integrating with existing industrial systems, and providing regulatory compliance and certification support. The two parties plan to develop export-grade technologies with global competitiveness, covering the core markets such as Asia-Pacific, the Middle East, and North Africa where OMS Energy currently operate to accelerate the popularization of intelligent solutions in the energy industry.3.Academic and Innovation Ecosystem CollaborationBuilding on OMS Energy's long-term R&D cooperation with institutions such as the A*Star Singapore Institute of Manufacturing Technology (SIMTech), OMS Energy and Ministry XR will jointly establish an "AI-Robotics Innovation Laboratory" with top academic institutions. They will develop professional courses, establish talent delivery channels, promote the direct transformation of scientific research achievements into industrial applications, and form a closed loop of "industry-research-application".Shared Vision: Let Intelligence and ESG Concepts become Industry StandardsMr. How Meng Hock, Chief Executive Officer of OMS Energy, added: "OMS Energy has been deeply engaged in the oil and gas engineering field for nearly 50 years, with 11 manufacturing bases in 6 countries and a professional team of over 600 people. Our core products, OCTG (Oil Country Tubular Goods) and SWS (Surface Wellhead Systems) have sold to over 200 high-quality customers worldwide. This cooperation with Ministry XR will accelerate our business expansion into a 'full-lifecycle pipeline inspection and maintenance service sector in oilfield and urban water supply and wastewater industry', making AI robotics technology the core engine for cost reduction, efficiency improvement, environmental risk elimination and green development in the energy industry. Safety operation is paramount in the oil and gas industry due to the inherent risks associated with the work. AI robotics technology will significantly reduce the risks involved in daily operations in oil and gas projects, especially in extreme climates and harsh geographical environments, and further ensure the sustainability, safety, and efficiency of operations."Mr. Andrew Yew, Chief Technology Officer of Ministry XR stated at the signing ceremony: "As a leading national institution for AI code governance and technical supervision in Singapore, we will participate in the full-lifecycle of OMS Energy projects, providing full-dimensional support from technology selection to strategic implementation. This cooperation is not only a response to the digital transformation of the energy industry but also a proactive layout to lead global energy technology standards."About OMS Energy Technologies Inc.OMS Energy Technologies Inc. is a seasoned engineering and technology enterprise in the upstream oil and gas development sector, specializing in the design, certification, and manufacturing of precision engineering systems. Its core products include OCTG (Oil Country Tubular Goods), SWS (Surface Wellhead Systems), and specialized connectors, while also providing value-added services such as advanced threading processing and pipeline inspection and maintenance. With business covering regions including Asia-Pacific, the Middle East, North Africa, and West Africa, and backed by authoritative certifications such as ISO 9001 and API Q1 as well as stable financial performance, the Company has become a trusted partner in the global energy industry.About Ministry XRMinistry XR is a leading national institution for AI code governance and technical supervision in Singapore, dedicated to promoting the standardized application and industrial implementation of AI and robotics technologies. It has profound industry know-how in fields such as technical standard formulation and evaluation of global cutting-edge technologies, providing strategic guidance and technical support for the digital transformation of key industries.This press release is issued by Messis Global on behalf of OMS Energy Technologies Inc.For investor and media inquiriesEmail: pr@messis-global.com Copyright 2025 ACN Newswire via SeaPRwire.com.
TransNusa Focuses on Organic Growth to Strengthen Network Connectivity in China
TransNusa Increases Flight Options For Two Routes From ManadoPT TransNusa Aviation Mandiri converts two chartered flights from Manado to scheduled commercial flightsTickets sale for Manado to Shanghai and Manado to Shenzhen started on July 29, 2025TransNusa continuously expands international route and starts strengthening Manado base in IndonesiaJAKARTA, Aug 11, 2025 - (ACN Newswire via SeaPRwire.com) - FOCUSING on organic growth, TransNusa converts two charter flight routes between Manado and Shanghai as well as Manado and Shenzhen to scheduled commercial routes, starting 8 September and 2 October, respectively.TransNusa Group Chief Executive Officer, Datuk Bernard Francis said while the Manado-Shenzhen scheduled commercial flight is direct, the Manado-Shanghai flight plan has a stop-over of between 30 to 35 minutes at the Clark International Airport.“Our main priority and focus is to create new exciting routes for our passengers and offer seamless and fast travels, whether through direct routes or transits routes.” Datuk Francis said, explaining that the Manado-Clark-Shenzhen route is very popular among tourists.“With the launch of these new commercial routes, we hope to provide tourists from Manado and China additional options to travel,” Datuk Francis said, adding that TransNusa will also provide its passengers with options to visit other major tourist destinations from Manado, such as Bali, also known as Indonesia’s Island of Gods.Details of the new RoutesFrom October 2, TransNusa will be operating three flights a week from Manado’s Sam Ratulangi International Airport to Shenzhen Bao’an International Airport. The TransNusa flight, 8B 175, will depart Manado at 21.10pm and arrive at the Shenzhen Bao’an International Airport at 01.00am while TransNusa flight, 8B 176, will depart Shenzhen Bao’an International Airport at 02.00am and arrive in Manado at 05.50am.TransNusa will be operating the Manado-Shenzhen route three times weekly. The Manado-Shenzhen route scheduled commercial flights are on Tuesday, Thursday and Saturday while the Shenzhen-Manado route scheduled commercial flights will be on Wednesday, Friday and Sunday.TransNusa’s scheduled Manado-Shenzhen flight ticket price starts from as low as IDR3.499.000, CNY1.525 and USD226 while it’s schedule flight from Manado to Shanghai ticket price starts from as low as IDR3.988.000, CNY1.688 and USD257. TransNusa tickets are available for purchase at transnusa.co.id and all other main online travel agent platforms worldwide.Meanwhile, the TransNusa flight, 8B 101, from Manado will depart at 14.00pm and arrive at the Clark International Airport at 16.40pm. The flight will depart Clark International Airport at 17.15pm and arrive at the Shanghai Pudong International Airport at 20.55pm. The flight, 8B 102, will depart the Shanghai Pudong International Airport at 23.05pm and arrive at Clark International Airport at 02.30am. The TransNusa 8B 102, will depart Clark International Airport at 03.00am and arrive at Manado’s Sam Ratulangi International Airport at 05.30am.Datuk Bernard said that TransNusa will operate the six hours 50 minutes scheduled commercial flight route 3 times week. TransNusa’s scheduled commercial flight from Manado will depart on Monday, Wednesday, and Friday.For both the newly introduced scheduled commercial flights, Datuk Bernard said TransNusa will be utilizing its C909 jet airliner, which has only 95 seats, to ensure that passengers travel with comfort.Datuk Bernard Francis…TransNusa offers new flight options for its passengersBrief History On TransNusaTransNusa, which had to close business due to the Covid-19 pandemic was injected with new shareholders and management team in 2022. The airline opened its doors for business in October and within six months, in April 2023, launched its first international flight from Jakarta to Kuala Lumpur, Malaysia.After which, under the new leadership of Datuk Francis, and the new management team, the airline successfully launched three more new international routes by the end of 2023. In 2024, the airline continued growing its international and domestic route and at the same time recording historical firsts that also became a significant industry first for the Indonesian aviation industry. Since April 2023, TransNusa has been making headlines in Malaysia, Singapore, China and around the world with news of being the first airline in Indonesia and the world to develop and introduce a new domestic route connecting Bali and diving haven, Manado. TransNusa also became the second Indonesian airline to receive approval to fly to China and provided Indonesians with more pricing and route options to China.TransNusa’s aggressive international growth strategy combined with its domestic business operations approach has enabled the airline to be the fastest growing airline in South East Asia.About TransNusaTransNusa Airline, is a Premium Service Carrier. After the take-over, in February 2024, the airline rebranded itself from being a Low-Cost Carrier to a Premium Service Carrier in line with its upgraded aircrafts that offers better comfort as well as based on the flexibility and quality of the services offered.TransNusa, which received its AOC certification on 9th September 2022, launch its first three A320 operations on 6th October, 14th October and 12th December, 2022. In 2023, TransNusa introduced a new business model making it the first Premium Service Carrier in the Asia Pacific region. TransNusa introduced its first international flight on 14th April, 2023. The airline is currently has bases in Jakarta, Bali and Manado.The airline currently flies from Jakarta to Yogyakarta, Bali, Kuala Lumpur, Malaysia, Subang, Malaysia and Guangzhou, China. It also flies from Bali to Jakarta and Manado. TransNusa will be launching its scheduled Bali to Perth route on March 20th and its Bali to Guangzhou route on April13th. TransNusa made history when it became the second Indonesian airline to fly to China and the first Indonesian airline to launch a Premium Service Carrier business model.Passengers can book their flights on the TransNusa website (www.transnusa.co.id), through authorized travel agents in Singapore, Malaysia and Indonesia, or by contacting the airline's customer service centre at, +62216310888. For the Singaporean market, passengers can contact TransNusa’s General Sales Agent, Chariot Travels Pte Ltd, at +65 86602719 for assistance.TransNusa’s Primary Media Contact:Trina Thomas Rajtrina@myqaseh.org+60124992672 (watsapp) Copyright 2025 ACN Newswire via SeaPRwire.com.
Campaign to promote Hong Kong’s advantages in professional services in Vietnam
HONG KONG, Aug 11, 2025 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) organised a delegation to Hanoi, Vietnam from 5 to 7 August to promote Hong Kong’s professional services and assist Hong Kong professional service providers in exploring business opportunities.As Hong Kong's sixth-largest trading partner and the second largest among ASEAN members, Vietnam has steadily strengthened trade and economic relations with Hong Kong. The delegation aims at further deepening bilateral business ties and introducing Hong Kong's professional services to local businesses there.The delegation, co-led by Patrick Lau, HKTDC Deputy Executive Director, and Rimsky Yuen, Chairman of the HKTDC Professional Services Committee Advisory Committee, comprised 19 Hong Kong professionals from various sectors, including accounting, legal, consulting and corporate services.During the visit, delegate Tim Koo, Director, Normsun Advisory Services Limited, signed a memorandum of understanding (MoU) with the Institute of Trade and Economics of Vietnam, reflecting a commitment by both sides to strengthen cooperation.Meetings with Vietnam’s government bodies, industry associations and large local enterprises – such as the Foreign Investment Agency under Ministry of Finance, Kinh Bac Group, National Innovation Center, The Association of Chartered Certified Accountants Vietnam, The Vietnam Association of Certified Public Accountants, Vietnam Bank’s Association, Vietnam International Arbitration Centre and VMO Holdings – provided a plethora of opportunities for Hong Kong delegates to explore cooperation opportunities with their Vietnamese counterparts. One of the mission highlights, which was the lunch seminar co-hosted by the HKTDC and Vietnam Chamber of Commerce and Industry, successfully promoted Hong Kong’s role as a regional centre for professional services and risk management. Attracting over 120 Vietnamese business representatives and professionals, it encouraged local enterprises to collaborate with Hong Kong service providers when expanding their business or managing risks.At the lunch seminar, Dr Lau said: "This mission is a part of the HKTDC's new Hong Kong Professionals Plus campaign. We hope to tell the stories of Hong Kong through business delegations and visits as well as promote the strengths of Hong Kong's professional services sector, while at the same time assist them to better understand the latest developments in the ASEAN markets and to seize business opportunities."Mr Yuen stated: "As an international financial centre and a regional hub for professional services, Hong Kong possesses top-tier talents offering world-class legal, financial and consulting services. With extensive experience in facilitating cross-border investments and fund-raising over the years, Hong Kong can meet the development needs of Vietnamese enterprises and assist investors from other countries in seizing opportunities in Vietnam."The HKTDC regularly organises business missions across industries. It will continue to conduct outreach activities to promote the advantages of Hong Kong’s professional services, while helping service providers seize more overseas collaboration opportunities.Photo Download: http://bit.ly/4fu1HBjPatrick Lau, HKTDC Deputy Executive Director (third left, front row), and Rimsky Yuen, Chairman of the HKTDC Professional Services Committee Advisory Committee (fourth left, front row), co-led a delegation to Hanoi, Vietnam, comprising 19 delegates from the professional services sectorTim Koo, Director, Normsun Advisory Services Limited (second right) signed a memorandum of understanding (MoU) with the Institute of Trade and Economics of VietnamA highlight of the mission was the lunch seminar co-hosted by the HKTDC and Vietnam Chamber of Commerce and Industry, which attracted over 120 business representatives and professionals from VietnamPatrick Lau, HKTDC Deputy Executive Director, delivered remarks at the lunch seminarRimsky Yuen, Chairman of the HKTDC Professional Services Committee Advisory Committee, spoke at the lunch seminarMedia enquiriesHKTDC’s Communication & Public Affairs Department:Johnny Tsui Tel: (852) 2584 4395 Email: johnny.cy.tsui@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.
31 Concept to Debut Patent-Pending Technology at ISS Asia 2025 in Singapore
DUBAI, Aug 11, 2025 - (ACN Newswire via SeaPRwire.com) - 31 Concept (31C), an emerging leader in network intelligence and cybersecurity innovation, today announced it will unveil its first patent-pending technology at ISS Asia 2025 in Singapore. The breakthrough, developed entirely within the company's 31 Concept Research Lab, marks a major milestone for the startup, which is stepping out of stealth mode after just seven months of intense development.31 Concept's Innovation PatentedThe 31 Concept Research Lab serves as the company's innovation engine, uniting world-class experts in deep packet inspection, AI-driven analytics, cybersecurity, and advanced networking. With decades of combined experience from projects spanning telecom, military, and national infrastructure, the lab's team operates at the intersection of applied research and practical deployment, delivering solutions designed to solve real-world challenges at scale."Our patent-pending technology is the direct result of the unique expertise and relentless drive inside our Research Lab," said Misha Hanin, CEO and Co-Founder of 31C. "We built this in record time without compromising on quality or innovation. This is just the first step in a series of breakthroughs we intend to bring to the market."ISS Asia, recognized as one of the most important professional conferences in the world for intelligence, security, and law enforcement technologies, will provide the global stage for the debut. The event draws leaders from government, telecom, and private industry, making it the perfect venue for 31C's first public presentation."The speed at which the 31 Concept Research Lab turned a concept into a patent-pending reality shows the strength of our people and our process," added Boriss Heismann, CTO of 31C. "This is technology designed to address the most pressing needs in network visibility, security, and performance - and to do it in ways the industry has not seen before."The company's presentation at ISS Asia 2025 will highlight the capabilities of the new platform, detail the patent-pending elements, and outline the roadmap for further innovations currently in development.About 31C31 Concept is a technology company focused on next-generation data intelligence platforms for telecom providers, governments, and regulated industries. Its flagship R&D division, the 31 Concept Research Lab, develops breakthrough technologies in network intelligence, cybersecurity, and AI-driven analytics.Contact InformationMisha HaninCEOmisha.hanin@31c.ioSOURCE: 31 ConceptRelated Images Copyright 2025 ACN Newswire via SeaPRwire.com.
Shoucheng-Backed Data Center REITs Surge on Market Debut
HONG KONG, Aug 11, 2025 - (ACN Newswire via SeaPRwire.com) - On August 8, the first batch of data center REITs—Nanfang Range Technology Data Center REIT and Nanfang Wanguo Data Center REIT—officially debuted on the Shanghai and Shenzhen stock exchanges, both hitting the daily price limit on their first day of trading, closing at RMB 5.850 and RMB 3.9, respectively. Their strong performance marked the official entry of the REITs market into the "tech new infrastructure" arena and underscored the important role of industrial capital in driving the securitization of computing power infrastructure.As a key investor in both projects, Shoucheng Holdings Limited (0697.HK) has once again found itself in the spotlight. Through its wholly-owned subsidiary, Beijing Shouyuan Xinrong Investment Co., Ltd., and the Beijing Pingzhun Infrastructure Real Estate Investment Fund under its management, Shoucheng Holdings invested in both Nanfang Wanguo Data Center REIT and Nanfang Range Technology Data Center REIT. This represents not only another precise move in the data center sector but also the latest step in Shoucheng’s broader REITs market strategy.Tapping into the “Computing Power Base” to Capture Digital Economy GrowthAccording to public information, the Nanfang Wanguo Data Center REIT is backed by the Guojin Data Cloud Computing Center in Huaqiao, Kunshan, with 4,192 racks; the Nanfang Range Technology Data Center REIT is backed by the A-18 Data Center at Runze (Langfang) International Information Port, located in the Beijing-Tianjin-Hebei National Computing Hub, with 5,897 racks and an occupancy rate exceeding 99%. Both assets are core regional computing power resources, playing a vital role in supporting 5G, artificial intelligence, and big data applications.Industry experts note that the launch of data center REITs marks the first time that public REITs in China have covered the technology innovation infrastructure segment, facilitating more efficient allocation of computing resources and enhancing the capital market’s ability to serve the digital economy.Full-Chain Deployment: Building a Closed-Loop REITs EcosystemShoucheng’s involvement in the REITs market has long gone beyond single investments. Since becoming one of the largest strategic investors in China’s inaugural public REITs in 2021, the company has built a complete ecosystem covering “Pre-REITs industrial fund incubation — platform operations — public REITs exit — strategic placement investment.”Currently, Shoucheng’s REITs fund management scale exceeds RMB 30 billion, with investments spanning transportation hubs, urban renewal, green energy, and data centers. In 2025 alone, the company has invested in the Sunlon REIT and the Huadian REIT, and through the Beijing Pingzhun Infrastructure Real Estate Investment Fund, partnered with China Life Investment and Caixin Life Insurance to launch a RMB 10 billion Pingzhun Infrastructure Fund, further strengthening its position as a leading industrial capital player in the REITs market.Industrial Capital Advantage: Driving Sustainable Market DevelopmentAs an industrial capital investor, Shoucheng Holdings not only provides funding but also leverages its expertise in asset management, operations, and integration of intelligent infrastructure to enhance both the operational efficiency and long-term value of underlying assets. This “capital + operations” dual empowerment model differentiates the company from pure financial investors in the REITs market.Analysts believe that with the ongoing expansion of China’s public REITs market and the acceleration of securitization in emerging infrastructure such as data centers, Shoucheng Holdings is well-positioned to benefit from the convergence of “new tech infrastructure + REITs” and to consolidate its leadership in the sector.Posted by All Way Success Company Limited for Shoucheng Holdings www.shouchengholdings.com [HKSE:0697, FRA:SHVA, OTCPK:SHNHF] Copyright 2025 ACN Newswire via SeaPRwire.com.
Natural Beauty 2025 Interim Profit Surges by 136% to HK$11 Million
HONG KONG, Aug 6, 2025 - (ACN Newswire via SeaPRwire.com) - 5 August, The well-known dual-listed beauty and skincare group in Asia, Natural Beauty Bio-Technology Limited ("Natural Beauty"), together with its subsidiaries (the "Group"; Hong Kong stock code: 00157), today announced its interim results for the six months ended 30 June 2025 (the "Review Period"). The Group's turnover and profit for the Review Period soared by nearly 70% to over HK$260 million and 136% to HK$11 million, respectively. A good number of its core indicators for the period also reached record highs, evidencing the strong development resilience and growth potential of the Group in the beauty and skincare sector.Mainland China, which is the core market of the Group, recorded turnover HK$220 million in the first half of 2025, up 101% year-on-year, and has thus become the main driving force of the Group’s overall performance growth. In terms of channels, the franchise model performed particularly well, contributing turnover of HK$200 million, a 115% increase year-on-year. In the Review Period, 237 new franchise stores were added, a leap of 88%. The rapidly expanding store network has given the segment solid support for turnover growth. Turnover from self-owned channels (including counters) climbed by 112% to HK$13 million, reflecting the success of its refined retail operations. In addition, the turnover of the health supplements segment also grew by 110%, to HK$28 million, a testament to the success of the Group’s “Holistic Health” strategy.Dr. Lei Chien, Chairman and Executive Director of Natural Beauty, said, "The Group's ‘AI Technology, Beauty Industry, Holistic Health’ strategy has brought remarkable results and enabled us to transform our brand. In AI technology development, our strategic partnership with Spain's INDIBA has enabled the integration of their cutting-edge devices with our proprietary formulations, resulting in the co-created White Moonlight product series. By combining advanced international technology with our proprietary skincare solutions, we've transformed the series into a market bestseller - clear validation of this collaborative model's effectiveness.Mr. CHENG Chi-Chung, who has just completed his first year as the Group CEO, has led the team in strategically expanding the beauty ecosystem by introducing an agent-based store expansion and partnership model, driving rapid growth in the franchising channel. He said:” We have established a comprehensive 'Standardized Operations System + End-to-End Support Framework', enabling franchisees to replicate successful models efficiently. This system has facilitated the successful launch of 237 new stores in the first half of this year, all achieving strong business growth.Beyond the dual growth in cosmetics and AI devices, our "Total Wellness" strategy for health supplements delivered outstanding results - generating HK$28 million in revenue with nearly 110% year-on-year growth. The success stems from two key factors: firstly, the products, which closely align with consumers health demand of ‘internal and external nutrition’, are made with premium ingredients sourced globally and technically supported by cross-strait R&D centers apt in delivering high-quality nutritional solutions, and secondly, integrating with ‘Holistic Health’ scenarios, health supplements are promoted alongside skincare services to create closed-loop consumption. That confirms the strong market recognition we enjoy for our comprehensive ‘skincare + health management’ solutions.”Looking ahead, benefiting from consumption rebounding and industry upgrade, the Group will, with its “AI Technology, Beauty Industry, Holistic Health" strategy at the core, push forward in two key directions: continue to integrate industrial chain resources to speed up digital transformation across channels, and use big data to accurately capture demand and build a “demand—R&D—channels” closed-loop system to reinforce the market leadership.Photo caption:Nature Beauty OutletAbout Natural Beauty Bio-Technology Limited (Hong Kong stock code:00157)A China’s leading listed beauty and skincare brand established in 1972, has championed its core philosophy of "Natural Beauty Is True Beauty" for 54 years. Driven by its "AI Technology, Beauty Industry, Holistic Health" integrated strategy, the brand operates a global network of over 2,000 outlets. As a Chinese-origin transnational biotech pioneer, Natural Beauty continues to propel innovation in the cosmetics and skincare sector.Media enquiriesStrategic Financial Relations LimitedMandy GoTel: +852 2864 4812Email: mandy.go@sprg.com.hk Maggie ZhangTel: +852 2114 4903Email: maggie.zhang@sprg.com.hk Website:http://www.sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.
Intellifusion Submits an Application to List on the Hong Kong Stock Exchange: A National Breakthrough in AI Inference Chips
HONG KONG, Aug 8, 2025 - (ACN Newswire via SeaPRwire.com) - Currently, advancements in artificial intelligence (AI) technology are driving the evolution of AI from iterative improvements in algorithms to significant breakthroughs in computational infrastructure. During this round of technological evolution, a massive demand for AI inference computing is emerging, setting new benchmarks for the architecture and cost-efficiency of computing power.Compared with general-purpose GPU architectures, NPU chips designed specifically for AI inference scenarios have become the foundation supporting the large-scale commercialization of AI industries due to the advantages such as high cost-effectiveness, energy efficiency and customization. These chips are gradually becoming one of the mainstream development directions for AI chips, accelerating the industry's transition from an era centered on GPUs for large model training to an era focused on NPUs for AI inference computing. In this race, the innovation capabilities at the foundational architecture level and extensive experience in large-scale application deployment are progressively contributing to a company’s overall competitiveness and sustainability.Among these players, Shenzhen Intellifusion Technologies Co., Ltd. (“Intellifusion”) is the first company to commercialize domestic high computing power AI inference chips in China. As a pioneer in NPU research and design, Intellifusion integrates multiple generations of architectural technical knowledge with mature commercialization experience to create high-performance, cost-effective and highly versatile inference chips. Intellifusion has achieved large-scale deployments across enterprise, consumer and industry-grade scenarios, establishing a leading position in China's AI inference chip-related products and services market in terms of revenue in 2024. On July 30, Intellifusion submitted its listing application to the Hong Kong Stock Exchange.Led by a “Hardcore” management team: providing strong traction for strategic implementationIn the deep tech sector of AI chips where technology, capital and talent concerntration converge, the management team serves not only as decision-maker for corporate strategy but also as "navigators" guiding Intellifusion through technological and industrial cycles. Intellifusion’s ability to gain a firm foothold in the highly complex and fiercely competitive AI inference chip market is inseparable from its core team, which boasts strategic foresight, technical prowess and hands-on industry experience.Dr. Chen Ning, founder, executive director and general manager of Intellifusion, is a worldwide rare expert with deep experience in semiconductor and possesses both overseas and domestic industry experience. Standing at the forefront of technology, Dr. Chen deeply understands the path from theoretical breakthroughs to product transformation, and not only possesses visionary technical foresight, but also demonstrates strong execution capability in industrialization and commercialization, which enable him to grasp Intellifusion's long-term strategic trajectory from the cutting edge of technological development with commercialization capability, and drive deep innovation along the "algorithm + chip" integration path, providing long-term traction for Intellifusion’s sustained growth.As one of the key pioneers in China's domestically-developed AI inference chips, Dr. Chen Ning has spearheaded the design and development of homegrown AI inference chips, achieving end-to-end innovation from algorithmic breakthroughs to chip-based implementation. He can rightly be considered one of the founding figures in the industrialization of China's AI inference chips. His recognition as the prominent individuals in innovation and entrepreneurship and outstanding role models at the 40th Anniversary of Shenzhen Special Economic Zone, and in July of this year, he was selected alongside entrepreneurs such as Xingxing Wang, founder of Unitree Robotics, Weiliang Chen, founder of MetaX, and Peng Zhang, CEO of Zhipu AI, as one of CCTV’s ‘AI Leaders of the Year’,.further solidifies his strategic leadership position in China's AI industry.Under the leadership of Dr. Chen Ning, Intellifusion has assembled a elite Research & Development (“R&D”) team with core members averaging over 25 years of experience in the AI industry. These veterans have long served at leading domestic technology companies, covering the entire critical technology chain from chip architecture design to algorithm development and optimization. As of the Latest Practicable Date, Intellifusion boasts 489 R&D personnel, including more than 50 engineers with over a decade of chip design experience and multiple national-level leading technical experts. This composition has established a synergistic system for chip design and algorithm development guided by seasoned industry specialists, providing robust support for rapid product innovations and continuous technological breakthroughs."Algorithm + chip" integrated strategy builds high technological barriersUnlike traditional "algorithm companies" or "chip companies" that focus on singular breakthroughs, Intellifusion has consistently adhered to the advanced concept of co-designing algorithms and chips since its inception. This approach has forged an integrated software-hardware technical capability that creates a self-reinforcing virtuous cycle, where insights from real-world deployment continuously refine algorithms, algorithmic innovations drive chip architecture upgrades, and enhanced chip performance unlocks new application scenarios. This creates a compounding flywheel effect, progressively elevating R&D efficiency and commercial scalability.At the foundational technology level, Intellifusion has established its proprietary "IFIC" platform through its algorithm-to-silicon integration capability. This end-to-end system encompasses the entire AI inference chip R&D process: algorithm analysis - instruction set definition - chip architecture design - toolchain optimization. This enables Intellifusion to develop successive generations of NPUs and AI inference chips, ensuring optimal efficiency and scenario-specific adaptability.For architectural design, Intellifusion launched “AI Computing Blocks” by employing fully home-grown advanced domestic manufacturing processes, secure supply chain with advanced semiconductor processes, featuring standardized compute units that can be stacked like building blocks to flexibly configure chips with variable computing power and enable multi-chip interconnect for scalable systems, realizing single tape-out enables multiple packaging variants, efficiently producing chips of diverse specifications while balancing flexibility and cost. To address the data transmission bottleneck of traditional computer chips, Intellifusion has pioneered an innovative Near-memory Hyper-converged Architecture, which realizes vertical integration by seamlessly combining memory and computing units in a stacked configuration, enabling direct data flow through the 3D structure, eliminating bandwidth limitations of traditional packaging interconnections, achieving on-chip bandwidth and sub-nanosecond latency, dramatically lowering the energy consumption of data transportation, and perfectly adapting to the needs of real-time loading of large-model parameters.In the chip domain, Intellifusion has developed its DeepEdge Series of inference chips based on the "IFIC" Infrastructure, utilizing the innovative " AI Computing Blocks" Architecture. Currently, DeepEdge10 Series covers a wide range from 8T to 128T of computing power per chip and supports Transformer-based models for efficient AI inference, which can realize balanced performance & efficiency, low power consumption, and flexible deployment.In terms of technology update, Intellifusion has completed development of its 4th-generation NPU and is now advancing R&D for the next-generation high-performance NPU, Nova 500.This integrated R&D system centered on "algorithms + chips" enables Intellifusion to not only ensure leading-edge performance and rapid iteration in chip design but also continuously strengthen its technological moat through product adaptability, deployment scalability, and ecosystem expansion. Notably, Intellifusion has been awarded the highest award for intelligent science and technology in China. - the "Wu Wenjun AI Science & Technology Award " - three times, making it the only company in China to have won top prizes in all three categories: algorithms, chips, and applications. This recognition underscores its end-to-end innovation capability, from core technology development to industrial implementation.Riding the Global Inference Wave: Securing Long-Term Value in AI ChipsAs the proportion of inference computing in the total lifecycle cost of large models continues to rise, surging application demand will dramatically expand the scale of inference computing needs, creating a historic opportunity for the AI industry. According to the CIC Report, the market size of AI inference chip-related products and services industry in China is expected to reach RMB1,383.0 billion by 2029, at a CAGR of 53.4% from 2024 to 2029. In particular, the NPU-powered market size is projected to climb to RMB395.4 billion by 2029, at a CAGR of 72.3% from 2024 to 2029, significantly outpacing the overall market.Under the guideline of the advanced algorithm-to-silicon chip design methodology, Intellifusion, a pioneer in the high-potential market, has established an integrated software-hardware technical capability that creates a self-reinforcing virtuous cycle. Its products and services have been validated across multiple critical application scenarios, positioning Intellifusion as an industry frontrunner. According to the CIC Report, Intellifusion is a global top-three leader in full-scenario AI inference chip-related products and services in China, based on the relevant revenue in 2024. Intellifusion is also a top-two provider of NPU-powered AI inference chip-related products and services in China, based on the relevant revenue in 2024.Leveraging its IFIC Infrastructure, R&D capabilities in AI inference chips, and deep market insight, Intellifusion can respond quickly to changes in industrial demands and grasp the opportunity in the upcoming boom in AI inference chip-related products and services industry. Supported by policy tailwinds, growing application maturity, and semiconductor supply chain localization trends, Intellifusion is strategically positioned to capitalize on China’s golden window for domestic AI chips, emerging as both a key beneficiary and driver in the global recomposition of AI compute power.In summary, Intellifusion has not only achieved full autonomy from self-developed architectures to ecosystem development but also made breakthroughs across market expansion, technological innovation, and product commercialization, establishing a difficult-to-replicate end-to-end advantage. Should its Hong Kong IPO proceed smoothly, at the time of listing, Intellifusion could potentially become China’s first and only artificial intelligence company with a dual A+H listing (Shanghai + Hong Kong). This milestone would fully unlock cross-border M&A opportunities, allowing Intellifusion to aggregate global resources, attract top-tier AI talent worldwide, and further solidify its leadership in China’s AI industry, particularly in the inference chip segment. Copyright 2025 ACN Newswire via SeaPRwire.com.
Everest Medicines Announces Full Approval of NEFECON(R) in Taiwan
HONG KONG, Aug 8, 2025 - (ACN Newswire via SeaPRwire.com) - Everest Medicines (HKEX 1952.HK) recently announced the Taiwan Food and Drug Administration (TFDA) has approved the supplementary application for NEFECON(R). NEFECON(R) is indicated to reduce the loss of kidney function in adults with primary immunoglobulin A nephropathy (IgAN) who are at risk for disease progression, irrespective of proteinuria levels.With this label update, the previous requirement in accelerated approval stage to submit full confirmatory trial analysis to demonstrate clinical benefit has been formally removed. Additionally, data demonstrating NEFECON(R)’s efficacy in delaying kidney function decline has been included in the approved product label. IgAN is highly prevalent among Asian populations, with a 56% higher risk of progression to end-stage renal disease compared to other groups and often progresses more rapidly.Taiwan region became the last region across all Everest’s territories to grant full approval for NEFECON(R), together with Mainland China, Singapore, Macao SAR, Hong Kong SAR and South Korea. This further demonstrates NEFECON(R)’s foundational first-line cornerstone treatment for IgAN patients."NEFECON(R) has received full approval in Taiwan, further validating its outstanding clinical value and offering physicians a more solid clinical foundation for treatment decisions.” Rogers Yongqing Luo, Chief Executive Officer of Everest Medicines, said. “As the first and only fully approved etiological treatment for IgAN, NEFECON(R) has now achieved full approval across Asia. This milestone will benefit a broader patient population by enabling more individuals with IgAN to access this etiological treatment earlier, helping to slow disease progression and improve quality of life. We will continue to expand the accessibility and affordability of NEFECON(R) across Asia, aiming to benefit more IgAN patients and improve their quality of life."The approval is based on the global Phase 3 NefIgArd clinical trial, which showed that compared to placebo, it not only brought about a durable reduction in proteinuria and reduced the frequency of microscopic hematuria but also demonstrated clinically relevant and statistically significant treatment benefits in estimated glomerular filtration rate (eGFR), reducing the decline in kidney function by 50% over a period of 2 years, comprising 9 months of treatment and 15 months of observation, and potentially delaying the progression to dialysis or kidney transplantation by 12.8 years.Additionally, the complete 2-year data of the NefIgArd study further analyzed the potential differences in the response to NEFECON(R) treatment between Asians (n=83) and Caucasians (n=275). The results showed that compared to placebo, treatment with NEFECON(R) for 9 months in both Asians and Caucasians can significantly delay the decline of eGFR, protect kidney function, and bring about a sustained reduction in proteinuria and reduce the risk of microscopic hematuria.NEFECON(R) has been recommended by several authoritative treatment guidelines, including the “KDIGO 2024 Clinical Practice Guideline for the Management of Immunoglobulin A Nephropathy (IgAN) and Immunoglobulin A Vasculitis (IgAV) (Public Review Draft)”, and the "Clinical Practice Guideline for IgA Nephropathy and IgA Vasculitis in Chinese Adults (For Public Review)". NEFECON(R) was included in China’s National Reimbursement Drug List (NRDL) in November 2024, and the supplemental application for the production expansion of NEFECON(R) has been officially approved by NMPA in August 2025.NEFECON(R) is currently the world’s first IgAN treatment to have received full approval from the National Medical Products Administration (NMPA) in China, the U.S. Food and Drug Administration (FDA), the European Medicines Agency (EMA), the Medicines and Healthcare products Regulatory Agency（MHRA）in the United Kingdom , as well as in other Asian territories where Everest Medicines holds the rights, including Hong Kong SAR, Macao SAR, Taiwan region (China), Singapore, and South Korea. Copyright 2025 ACN Newswire via SeaPRwire.com.
Saudi Electricity Company Reports 22% Net Profit Growth in Q2 2025
RIYADH, KSA, Aug 11, 2025 - (ACN Newswire via SeaPRwire.com) - Saudi Electricity Company (SEC) continued to deliver robust financial and operational performance in the second quarter and first half of 2025.Revenue for Q2 grew by 24% to reach SAR 27.7 billion, while gross profit rose by 42% to SAR 7.4 billion. Operating profit increased by 21% to SAR 6.8 billion, and net profit reached SAR 5.3 billion-marking a 22% year-on-year increase.For the first half of 2025, SEC reported a revenue growth of 23%, totalling SAR 47.2 billion. Gross profit rose by 40% to SAR 10.2 billion, operating profit increased by 20% to SAR 9.1 billion, and net profit grew by 19% to SAR 6.3 billion compared to the same period in 2024.This strong financial performance was primarily driven by higher allowed revenue due to the growth of the regulated asset base of the electricity network and increased electricity production revenues in response to rising energy demand. These gains were partially offset by higher operating and maintenance expenses due to network expansion, asset growth, and increased loads, as well as a rise in provisions for accounts receivable and a decrease in other income.SEC noted that the expansion of its regulated asset base reflects the continued growth in its transmission and distribution networks to meet increasing electricity demand, support renewable energy integration, and advance energy storage projects. The company is also maintaining strategic investments in digital transformation and operational excellence initiatives.Commenting on the results, Engineer Khalid bin Salim Al-Ghamdi, Acting CEO of SEC, stated:"Our positive performance in the first half of 2025 reflects the company's continued growth across its business portfolio and asset base. It aligns with our strategy to provide reliable and secure electricity across the Kingdom, improve service quality for our customers, and advance sustainability and operational excellence.We are committed to further strengthening our position and leveraging the significant opportunities emerging from the energy transition in Saudi Arabia, in line with the ambitions of Vision 2030-enabled by the dedication of our talented national workforce and our unwavering commitment to serving the nation."As of the end of H1 2025, the renewable energy capacity connected to the grid exceeded 9.2 GW, and the company successfully commissioned 8.0 GWh of battery energy storage systems across four sites: Bisha, Jazan, Khamis Mushait, and Najran.SEC is currently developing an additional 14 GWh of storage capacity, expected to be operational and grid-connected next year, further strengthening grid reliability and renewable energy integration.Reaffirming its commitment to embedding sustainability throughout its operations and enhancing its ESG practices, SEC achieved a significant leap in its Environmental, Social, and Governance (ESG) rating from S&P Global, earning 65 out of 100 in 2025. This marks a 30% increase over2024 and an 85% improvement over 2023.This accomplishment places SEC at the top of all companies in Saudi Arabia and as the regional leader in the energy sector across the Middle East and North Africa, surpassing the global utilities sector average by 66%, reinforcing its global leadership in sustainability performance.Electricity demand continued to rise in H1 2025, with peak load growing by 3% to 75.1 GW, and total electricity consumption increasing by 10% to reach 160.5 terawatt-hours.SEC successfully met record-breaking peak loads in Makkah, Madinah, and the Holy Sites during the 1446H Hajj season without a single service interruption-thanks to the company's full mobilization of resources to serve pilgrims and ensure their comfort.The company also made strong progress in service expansion and infrastructure development. SEC connected around 110,000 new customers, bringing the total customer base to 11.4 million.The length of the distribution network grew by 6% to exceed 827,000 circuit kilometers, while transmission and fiber optic networks grew by 6% and 9%, respectively, reaching 103.8 thousand and 101 thousand circuit kilometers.As part of its efforts to enhance service reliability and customer experience, SEC continued digital infrastructure upgrades and automated distribution substations, connecting them to control centers via fiber optic networks.The automation rate of distribution substations reached 38.4%, and customer satisfaction rose to 85.8%, underscoring improvements in service quality and communication effectiveness.Contact InformationSaudi Electricity Company (SEC) Saudi Electricity Company (SEC)Media Relations Departmentalkahrabacare@se.com.saUnified Call Center: 920000222SOURCE: Saudi Electricity Company (SEC) Copyright 2025 ACN Newswire via SeaPRwire.com.
Qube Celebrates 20 Years of Business Events Impact with Industry Recognition and Vision for the Future
KUALA LUMPUR, Aug 8, 2025 - (ACN Newswire via SeaPRwire.com) - Qube Integrated Malaysia Sdn. Bhd. (Qube), a leading local business events industry player celebrating its 20th anniversary this year, won 10 prestigious awards at the Malaysia Business Events Awards (MBEA) 2025, organised by the Malaysian Association of Convention and Exhibition Organisers and Suppliers (MACEOS) last night.The company, an established name in the MICE (Meetings, Incentives, Conferences and Exhibitions) industry, was honoured at the event held at the Kuala Lumpur Convention Centre with five Excellence Awards and five Merit Awards, out of the 10 categories it was shortlisted for, including:1. Exhibition Management Excellence Award: Qube for Malaysia International Halal Showcase (MIHAS) 20242. Trade Exhibition Excellence Award for events between 10,001–20,000 sqm: BuildXpo Malaysia 20243. Booth Design Excellence Award for booths below 72sqm held in overseas: MyCEB Pavilion at IMEX Frankfurt4. Booth Design Excellence Award for single deck booth 73 sqm & above: Proton Pavilion at KLIMS 20245. Stage Design Excellence Award: Acer APAC Predator League 20256. Trade Exhibition Excellence Merit Award (20,001 sqm and above): MIHAS 20247. Event Excellence (B2B – Corporate) Merit Award: Proton e.MAS 7 Grand Launch8. Booth Design Excellence Merit Award (Double Deck): Malaysia Airlines @ MATTA Fair – March 20249. Merit Award Booth Design Excellence Merit Award (Double Deck): Malaysia Airlines @ MATTA Fair – Sept 202410. Purpose-Built Venue Excellence Merit Award (15,001 sqm and above): Malaysia International Trade and Exhibition Centre (MITEC)Founded in 2005 and headquartered in Kuala Lumpur, Qube marks its 20th anniversary this year with a bold step forward in digital innovation, talent development, and regional collaboration. Reinforcing its long-term commitment to shaping the future of MICE, the company has announced several new initiatives that underline its role as a strategic player in Malaysia’s trade and tourism growth.Over the last two decades, Qube has grown from a boutique design-and-build agency into a powerhouse for creative and executional excellence in exhibitions and events. The company has delivered Malaysia’s pavilions at global showcases, including Expo 2017 Astana and Expo 2020 Dubai, which drew millions of visitors. In 2024, Qube set a significant milestone when the company acquired the tenure to manage the Malaysia International Trade and Exhibition Centre (MITEC), the country’s largest business events venue.In 2024, Qube also acquired SEA Healthcare & Pharma Show (SEACare), a long-running business trade exhibition in the medical and pharma sector. Most recently, Qube designed, built and managed the Malaysia Pavilion at the 2025 Mobile World Congress in Barcelona, and continues to manage MIHAS, the world’s largest halal trade fair and a Guinness World Records title holder.On this achievement, Richard Teo, Executive Chairman of Qube, said: “This recognition means a great deal to us. It reflects the dedication of our team, the trust of our clients, and the strength of the partnerships we have built. These platforms do more than showcase what we can do. They position Malaysian brands globally, create new opportunities for SMEs, and attract long-term business and investment into the country.”“Business events are not just about putting people in the same room. They help drive innovation, stimulate economic activity, support jobs and strengthen supply chains. At the heart of it all, we are focused on creating meaningful impact for our clients, our people and the nation,” he added.Collaboration with the Public SectorQube continues to work closely with public agencies including MATRADE, the Construction Industry Development Board (CIDB), the Malaysia Convention & Exhibition Bureau (MyCEB) and others. These partnerships align with national priorities under the 13th Malaysia Plan and ongoing tourism recovery efforts, particularly in SME development, export growth, talent upskilling and business event-driven tourism.Looking ahead, Qube will play a central role in several major upcoming platforms:MIHAS 2025, in partnership with MATRADESME Venture@ASEAN 2025, with SME Corporation MalaysiaICW & BuildXpo 2025, co-organised with CIDB MalaysiaIn addition, Qube will host its signature event, WE2025: Future in Motion, a flagship initiative for empowering women in business, leadership, and innovation, from 25 to 27 November 2025. Themed Women in Trade. Investment. Leadership., this multi-platform event is organised in collaboration with the Ministry of Women, Family and Community Development and the Department of Women Development.WE2025 features four integrated pillars: a leadership conference, a large-scale trade and investment expo, curated business matching and key side events.Aimed at women entrepreneurs, corporate leaders, SMEs, startups, youth, ecosystem enablers and inclusive industries from across ASEAN and beyond, WE2025: Future in Motion is expected to attract 10,000 visitors, 1,000 delegates, 500 exhibitor booths, and generate RM100 million in trade and investment opportunities.“We have always believed in using our platforms to make a lasting difference. Whether it is through delivering a high-impact trade show, empowering local brands, or raising the bar in venue management, our purpose has remained the same. Our growth is powered by talent, shaped by innovation, and guided by the values of inclusivity and excellence,” added Teo.Contacts for Media Enquiries: MNAIR PR Consultancy Sdn. Bhd.Sashikala NairDirector, Public Relations+6012 566 9095sashi@mnairpr.comShuman VasuAssociate Director, Public Relations+6017 354 6461shumanv@mnairpr.comQube Integrated Malaysia Sdn. Bhd. (Qube)Yasmin BathamanathanManager, PR & Communications+6012 358 9063yasmin@qube.com.my Copyright 2025 ACN Newswire via SeaPRwire.com.
Chinese Culinary Culture Training Programme: 30 Hong Kong Students Embarked on a Study Tour in Chaoshan
HONG KONG, Aug 8, 2025 - (ACN Newswire via SeaPRwire.com) - ‘A Thousand Years of Chaozhou Flavour, A Legacy Passed Down Through Generations.’ As one of the three major branches of Cantonese cuisine, Chaozhou cuisine is distinguished by its refined techniques and delicate seafood dishes, with an emphasis on the purity of flavour and meticulous preparation, all reflecting a deep-rooted cultural heritage. In this spirit, and to encourage the exchange of culinary skills, the Greater Bay Area Homeland Youth Community Foundation once again partnered with the Chinese Culinary Institute to launch the ‘Chinese Culinary Culture Training Programme — Chaoshan Edition’. From 26 July to 2 August, a group of about 30 students and faculty members travelled to Shantou to immerse themselves in the essence of Chaoshan cuisine and directly engage with its rich intangible heritage.Building on the success of last year’s ‘Lingnan Culture: Fengcheng Dim Sum Training Programme’, this year's initiative took students to another culinary heartland — Shantou. The programme was conducted in collaboration with Guangdong Yuedong Technician College, a prestigious institution known for cultivating master chefs in Cantonese cuisine, and was supported by the Teochew Cuisine Research Institutes. The classes, led by nationally and provincially accredited chefs, including the renowned Teochew culinary master ZHONG Chengquan, covered traditional techniques such as braising, boiling, stir-frying, steaming, stewing, baking, and deep-frying. Students also gained firsthand experience with the intangible cultural heritage, specifically Chaoshan Gongfu Tea.A Curriculum that Blended Culinary Training with Cultural ImmersionDuring the eight-day programme, students learned to prepare a wide range of classic Teochew dishes, from appetisers and main courses to snacks and desserts. Culinary highlights included crab in fermented soybean sauce, Teochew marinated meats, braised duck with herbs, stir-fried beef with rice noodles, crispy oyster pancake, roast goose with yam paste, flash-fried squid rolls, traditional steamed fish, braised eel, sesame dumplings, and deep-fried spring rolls. This hands-on training strengthened the students' knowledge of authentic Chaoshan culinary techniques and flavours.The programme also offered cultural excursions that deepened students’ understanding of local heritage, including visits to the Chaoshan History and Culture Exhibition Centre and the Teochew Cuisine Research Institute, along with a live Yingge Dance performance — another of China’s intangible cultural heritage traditions.Ms Dionne KUNG, Deputy CEO of the Greater Bay Area Homeland Youth Community Foundation, and Mr James YAP Han-phong, Principal of the Chinese Culinary Institute, visited the training site to offer encouragement to the students. Ms Kung expressed that the GBA Youth Foundation has a longstanding commitment to supporting experiential learning and cross-regional exchange for youth. She noted that this invaluable opportunity to learn from master chefs not only enabled students to appreciate the essence of Chaoshan cuisine but also enhanced their comprehension of Chinese culture and strengthened their sense of national identity through meaningful engagement.Mr James YAP Han-phong, Principal of the Chinese Culinary Institute, shared, ‘Chaoshan cuisine emphasises precision in knife skills, heat control, and balanced ingredient pairing. Through hands-on learning and exchanges with experienced chefs, students not only refined their culinary techniques but also deepened their appreciation of Chinese food culture. This experience broadened their horizons and laid a solid foundation for their future professional growth.’Mr CHEN Shaojun, Founder of the National-level Chaoshan Cuisine Culinary Master Studio at Guangdong Yuedong Technician College, remarked, ‘Chaoshan cuisine embodies a craftsmanship spirit passed down through generations. The enthusiasm and dedication displayed by the Hong Kong students during the programme are inspiring. We look forward to future collaborations that will further promote Chaoshan culture and introduce it to a broader stage.’XU Kin Cheung, a year 2 student from the Chinese Culinary Institute's Diploma in Chinese Cuisine (QF Level 3) programme who participated in this training, shared, ‘This experience enhanced my knowledge of Chaoshan cuisine, from its precise cooking techniques to its refined approach to flavour. I hope to incorporate these insights into my own creations back in Hong Kong and help more people discover the unique charm of Chaoshan culinary culture.’Through the Chinese Culinary Culture Training Programme, the GBA Youth Community Foundation aims not only to enhance the skills of young people pursuing careers in the culinary arts, but also to foster their appreciation for and commitment to preserving and promoting the richness of Chinese culinary heritage.Ms Dionne Kung, Deputy CEO of the Greater Bay Area Homeland Youth Community Foundation visited the training site to offer encouragement to the students.Students from the Chinese Culinary Institute demonstrated dedication and enthusiasm during the training programme.This programme is in collaboration with Guangdong Yuedong Technician College, Mr James Yap Han-phong, Principal of the Chinese Culinary Institute, also visited the training site to engage with college representatives and culinary instructors.Students also took part in cultural learning activities, including a live performance of the Yingge Dance, one of China’s intangible cultural heritage traditions. Copyright 2025 ACN Newswire via SeaPRwire.com.
HKTDC to release report on Hong Kong Businesses Navigating Mainland China E-commerce Retail Market – Consumer Survey Results
- 78% of respondents had bought Hong Kong products online in the past year particularly young consumers and those in areas with higher consumption levels.- Online shoppers hold positive views of Hong Kong products and brands, giving an average score of 8.7 to Hong Kong products.- Genuine products, reputable merchants and wide product selection are the most important considerations for respondents, over low prices and other factors when purchasing online.- Mainland online shoppers mostly buy electronic, luxury and fashion goods from Hong Kong.HONG KONG, Aug 7, 2025 - (ACN Newswire via SeaPRwire.com) - Hong Kong Trade Development Council (HKTDC) released the research report: Hong Kong Businesses Navigating Mainland China E-commerce Retail Market - Consumer Survey Results. The results show that Mainland online shoppers generally like Hong Kong products. Overall, 78% of respondents had bought Hong Kong products online in the past year. Mainland consumers have a high level of trust in Hong Kong brands and hold products in high regard. This provides a solid foundation for Hong Kong businesses to expand into the Mainland e-commerce market. Hong Kong businesses can leverage the advantage of Hong Kong brands and choose suitable platforms for e-commerce sales. The upcoming release of the E-commerce Case Studies report will focus on ways to develop e-commerce retail sales and serve as a reference for Hong Kong businesses looking to expand their market in the Mainland.HKTDC Director of Research, Irina Fan, said: “Mainland consumers shop online frequently, averaging 9.4 purchases per month. This is particularly true for those in tier-one and Greater Bay Area (GBA) cities. When shopping online, Mainland consumers’ primary consideration is whether the products are genuine, not low prices. This suggests that Hong Kong businesses can leverage the superior quality of Hong Kong products and the strong reputation of Hong Kong brands in Mainland China to expand into the Mainland e-commerce market. They can flexibly use comprehensive shelf and ‘interest-based’ e-commerce platforms to sell online along with methods such as live-streaming and short videos for promotion, and stand out in the highly competitive market through targeted marketing strategies.”HKTDC Research commissioned an agency to conduct a survey of 2,200 middle-income or above consumers from different Mainland cities during the second and third quarters of 2024. The aim was to learn about their online consumption habits, as well as their preferences regarding Hong Kong products. The findings will help Hong Kong companies better formulate appropriate strategies to tap the Mainland e-commerce retail market.Online shopping characteristics of Mainland consumers- Mainland consumers shop online frequently, averaging 9.4 purchases per month. This is particularly true for those in tier-one cities. Shopping frequency among women (10 times monthly) is higher than for men (8.8 times). By age group, consumers aged 30-49 demonstrate the highest online shopping frequency, averaging 11.2 purchases per month.- Comprehensive e-commerce platforms are the predominant online shopping channel, with 95% of respondents using comprehensive/digital shelf e-commerce platforms to shop online. This figure far exceeds the use of live-streaming/short video platforms (38%) and group buying platforms (32%). In terms of online shopping for cross-border or imported products, consumers prefer to use Tmall International or JD International, with 73% and 63% respectively choosing these platforms. Other notable platforms include Douyin E-commerce Global (30%) and Amazon China (21%).- Authenticity, wide selection and reputation are top considerations for online shopping. An authenticity guarantee policy (15%), reputable merchants (11%) and wide product selection (9%) are the top three considerations for respondents when purchasing online.- “Promotion” is the most important factor for consumers when buying newly-launched products online. Nearly 90% of respondents cited “promotion” as their primary consideration, followed by product quality and design (70%).- Mainland consumers demand quick delivery. Mainland online shoppers, on average, get their products 3.2 days after placing an order, with fast fulfilment a key competitive advantage in winning over local consumers.Wing Chu, Principal Economist (Greater China) of HKTDC, said: “Although online purchasing power currently clusters around tier-one and tier-two cities, the tier-three cities are becoming a focus for Hong Kong companies. Furthermore, irrespective of whether they are shopping locally or from further afield, consumers generally demand quick delivery, and their expectations in this regard continue to rise. The Hong Kong products that Mainland consumers most like to buy online are consumer electronics and electrical products (72%), followed by luxury goods (46%) and fashion products (41%).” It’s worth noting that Mainland consumers who purchase Hong Kong products online tend to spend a higher average order amount on children's products, drugs and health supplements, and pet products compared to the overall average.”Hong Kong products favored by Mainland Consumers- Mainland online shoppers generally like Hong Kong products, particularly those in areas with higher consumption levels. Overall, 78% of respondents had bought Hong Kong products online in the past year. The proportion was 85% in tier-one cities, 81% in the Greater Bay Area, 78% in tier-two cities and 74% in tier-three cities.- Hong Kong products are more favoured by young consumers. In terms of age distribution, 83% of respondents in the 18-29 age group said they had bought Hong Kong products online in the past year. This was closely followed by consumers aged 30-49 (82%), while the proportion among consumers above 50 years old was lower (65%).- Female consumers in high-consumption areas tend to prefer Hong Kong products. While overall gender differences are minimal – 77% of male and 79% of female respondents reported purchasing Hong Kong products – the trend varies by region. In tier-one and tier-two cities, and in the GBA, significantly more female consumers have bought Hong Kong products online.- Mainland online shoppers hold positive views of Hong Kong products, brands and online stores. The respondents gave an average score of 8.7 to Hong Kong products when compared with other products. Respondents from tier-three cities gave the highest score of 9.2. In terms of age, consumers aged 18-29 gave Hong Kong products the highest rating of 8.9.- Mainland online shoppers mostly buy electronic, luxury and fashion goods from Hong Kong. The Hong Kong products that Mainland consumers most like to buy online are consumer electronics and electrical products (72%), followed by luxury goods (46%) and fashion products (41%). The GBA has the highest proportion of consumers buying consumer electronics and electrical products (79%), followed closely by tier-one cities (78%). The proportion of consumers buying luxury goods in tier-one cities (53%), the GBA (52%) and tier-two cities (51%) are comparable.- Orders in food and drug sectors, and of products for children and pets, exceed the overall average. Among Mainland shoppers who have bought Hong Kong products online, the average order value for children’s goods is 24% higher than the average. Orders of drug and health products (16%), pet products (29%), and fresh produce and food (18%) are also significantly higher in value than the average.- The Hong Kong “brand” enjoys a good reputation in the Mainland market and is widely seen as a mark of trust and quality. When asked to describe Hong Kong merchandise, brands and products, respondents viewed products from Hong Kong as “in compliance with stringent product safety standards” (28%), “guaranteed raw material/material quality” (28%), “guaranteed genuine products” (27%), “confidence in quality” (27%) and “fashionable look” (27%).- Mainland consumers seek out official brand channels. Mainland consumers obtain information from official brand channels when choosing Hong Kong electronics and electrical products (31%), luxury items (34%), sports products (34%) and fashion products (26%). They rely heavily on product reviews when purchasing Hong Kong drug and health products (34%) and beauty products (32%) online.Eric Chu, Economist (Greater China) of HKTDC, said: “Based on case studies of e-commerce retailers and service providers in Mainland China, Hong Kong businesses might consider using multi-channel operation strategies. This includes leveraging both traditional digital shelves platforms and emerging ‘interest-based‘ platforms to reach different consumer groups and increase traffic. However, some cases show that while businesses can collaborate with influencers/KOLs for "influencer marketing," it's important to base these efforts on market analysis and data to select influencer endorsements that suit their products. This approach improves promotional accuracy and achieves cost-effective, optimal marketing results.”HKTDC will later release an additional report titled "Hong Kong Businesses Navigating Mainland China E-commerce Retail Market - Case Studies," which includes detailed case studies of e-commerce activities and service providers in Mainland China.The second Hong Kong Shopping Festival aims to help local businesses navigate Mainland China e-commerceThe second Hong Kong Shopping Festival, organised by the Hong Kong Trade Development Council (HKTDC) will take place on Mainland e-commerce platforms from 1 to 31 August. Fully aligned with measures outlined in the 2024 Policy Address, the festival aims to support Hong Kong's small and medium-sized enterprises (SMEs) as they expand into the Mainland e-commerce market. As the flagship event of HKTDC's E-commerce Express, the second Hong Kong Shopping Festival has attracted nearly 260 brands across seven major categories, including health supplements, food and beverages, home and living, personal care and cosmetics, apparel and accessories, smart gadgets, and products for the silver market. The festival features over 500 unique products and offers month-long discount promotions.References- HKTDC Research website: https://research.hktdc.com/en/- Hong Kong Businesses Navigating Mainland China E-commerce Retail Market - Consumer Survey Results: https://research.hktdc.com/en/article/MjA3OTk2MjAzNA Photo download: http://bit.ly/3UQToFWHKTDC Director of Research Irina Fan (centre), Principal Economist (Greater China) Wing Chu (right) and Economist (Greater China) Eric Chu (left) announced the research report: Hong Kong Businesses Navigating Mainland China E-commerce Retail Market - Consumer Survey Results and shared E-commerce Case StudiesMedia enquiriesPlease contact the HKTDC’s Communication and Public Affairs Department:Sharon HaTel: (852) 2584 4575Email: sharon.mt.ha@hktdc.orgKaty WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.
HKTDC appoints Sophia CHONG as Executive Director
HONG KONG, Aug 6, 2025 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) announced today the appointment of Sophia Chong as the Executive Director with effect from 1 October succeeding Margaret Fong, who is to retire. Ms Chong is currently a Deputy Executive Director of HKTDC.Professor Frederick Ma, Chairman of HKTDC, stated, "Sophia is an innovative, resolute and wise leader. Over the years, she has worked closely with small- and medium-sized enterprises (“SMEs”) with a view to enhancing Hong Kong's commercial and trade influence with remarkable achievements. I firmly believe that she will lead the HKTDC to a new chapter upholding the enterprising spirit of innovation and pragmatism to further consolidate Hong Kong's advantage as a global trading hub, help enterprises seize and explore unlimited business opportunities".Professor Ma also expressed his gratitude to Margaret Fong for her outstanding contributions over the years, praising her for helping the industry expand its global reach, deepening international connections, overcoming various challenges and laying a solid foundation for HKTDC. He also wished her a fulfilling and happy retirement life.Ms Chong, Executive Director (designate), said, "I am honoured and fully aware of the responsibility on my shoulders. The global economy is changing rapidly. Together with the HKTDC team, I will continue to keep pace with the times and leverage Hong Kong's unique advantages as a global hub, drive transformation through innovation and fully connect the local, mainland and international business communities. This will create broader business opportunities for enterprises and inject inexhaustible impetus into Hong Kong's economy".Ms Chong has served HKTDC for more than 30 years. She was promoted to Deputy Executive Director in 2022 overseeing exhibition and digital businesses. She has successfully turned several exhibitions into world-leading sourcing and marketing events, led the innovation of digital commerce, created opportunities for SMEs, connected global buyers and guided HKTDC to become a leading trade promotion organisation.The appointment was unanimously approved by the Council and announced after obtaining the consent of the Chief Executive of the Hong Kong Special Administrative Region in accordance with the Hong Kong Trade Development Council Ordinance.Photo download: http://bit.ly/4of4WjQSophia CHONG, Executive Director (designate), Hong Kong Trade Development CouncilSophia CHONG will assume the role of Executive Director of the Hong Kong Trade Development Council (HKTDC) with effect from 1 October 2025. In that position, Ms Chong will lead HKTDC to support Hong Kong small- and medium-sized enterprises to explore business opportunities internationally via its global network.From 2001 to 2003, she was the Regional Director for Southern China based in Guangzhou, spearheading the Council’s promotional programmes in Guangdong, Guangxi and Fujian. From 2004 to 2009, she was responsible for promoting Hong Kong’s creative industries covering film & entertainment, design & licensing, and information technology.In 2010, Ms Chong was appointed as Director, Exhibitions to oversee Visitors Promotion for HKTDC international fairs and forged close collaboration with industry multipliers and global buyers via the network of HKTDC worldwide offices. She was Director, Publications & E-Commerce from 2011 to 2014, overseeing the Council’s online marketplace and the mobile applications of over 20 product magazines and industry supplements.Ms Chong graduated from the University of Hong Kong with an honours degree in Arts. She attended the Stanford Executive Program of the Stanford University Graduate School of Business in 2016.Media enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Sam HoTel: (852) 2584 4569Email: sam.sy.ho@hktdc.org About HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. Copyright 2025 ACN Newswire via SeaPRwire.com.
Cornerstone Robotics Completes the World’s First Clinical Validation of Autonomous Surgery Performed by Robot-Assisted Surgery
HONG KONG, Aug 6, 2025 - (ACN Newswire via SeaPRwire.com) - A major breakthrough in surgical embodied intelligence in Robot-Assisted Surgery (RAS) has been achieved in Hong Kong, China. At a press conference held on 5 August, the Chinese University of Hong Kong (CUHK) officially announced that its multidisciplinary research team, in collaboration with Cornerstone Robotics, a leading global innovator and unicorn enterprise in surgical robotics, has successfully developed the world’s first embodied intelligence platform for multitask surgical automation. The team also completed the world’s first clinical validation of autonomous surgery using this platform on Cornerstone Robotics’ self-developed Sentire® Endoscopic Surgical System.The research paper, titled “Surgical Embodied Intelligence for Generalized Task Autonomy in Laparoscopic Robot-assisted Surgery”, has been published in Science Robotics, a prestigious research journal in the field of robotics and a flagship publication under the Science family. With a current impact factor of 27.5 and a five-year impact factor of 32.9, Science Robotics is one of the most influential journals in the global robotics field. This marks the first successful in vivo animal testing using a Chinese-developed laparoscopic surgical robot equipped with AI-powered embodied intelligence, validating its multitask autonomy and human-robot collaboration capabilities. It demonstrates the generalisability of the algorithms and the system’s clinical feasibility, paving the way for a future of smarter, more collaborative, and more accessible robotic surgery.A Breakthrough Framework: VPPV Embodied IntelligenceThe research introduced a novel paradigm for surgical task automation, encompassing visual parsing, a perceptual regressor, policy learning, and a visual servoing controller (VPPV). This framework combines robust visual foundation models, the generalisation capability of reinforcement learning, and integration of data-driven policy and classic controller to achieve breakthroughs in autonomous performance of robot-assisted surgery, particularly regarding stability, flexibility, and repeatability. Unlike traditional methods in autonomous surgery that rely on additional sensors or pre-defined models and rules, this research is the world’s first purely vision-based surgical embodied intelligence framework, featuring full perception, multitask applicability, precise closed-loop servo control, and human-robot cooperation functions. It significantly lowers the barrier for R&D and clinical adoption, setting a new benchmark for next-generation intelligent surgical assistants.The research team trained multiple AI frameworks with generalized task autonomy using their independently developed open-source surgical embodied intelligence simulator, SurRoL, and successfully achieved zero-shot sim-to-real transfer. SurRoL integrates multimodal sensing, built-in physics engine modelling, and multi-task operation training, encompassing the robot-assisted surgery control interface, simulation environment, and reinforcement learning engine.Ex and In Vivo Validation on the Sentire® Endoscopic Surgical SystemTo simulate real surgical settings, the research team conducted rigorous experiments using ex vivo porcine stomach tissue (preserving the left and right gastroepiploic arteries) and an in vivo ~30kg pig. Both tests were completed using the Sentire® Endoscopic Surgical System, fully developed by Cornerstone Robotics. During the in vivo validation phase, an innovative supervised autonomy safety mode was adopted. Without any external sensors and relying solely on the Sentire® Endoscopic Surgical System’s high-definition stereoscopic endoscope system, the robot autonomously executed several surgical assistive tasks, such as gauze picking, soft tissue retraction, and blood vessel clipping. The system demonstrated robust adaptability to environmental changes, reliable control stability, and clinical translation potential, offering tangible support for the surgical embodied intelligence mode driven by human-robot collaboration.A Vertically Integrated, AI-Ready Robotic PlatformDr. Jerry Wang, Co-Founder, Chief Technology Officer, and Chief Operating Officer of Cornerstone Robotics, and the corresponding author of the study, stated, "The Sentire® Endoscopic Surgical System, as a core platform in this research, is built on a fully self-developed infrastructure-including mechanical, electrical, software architecture, robotic algorithms, imaging systems, and advanced energy control. This commercial-grade integrated robotic system provides the technical robustness and precision needed for stable deployment of AI autonomy in dynamic surgical environments."He added, "At Cornerstone Robotics, we remain committed to the R&D strategy of full-stack independent research and vertical integration. Our proprietary technology, independently developed software, hardware and system integration, benefits our core platforms with exceptional scalability, with built-in AI-readiness and AI-friendly architecture. This not only enables rapid adaptation and deployment of AI algorithms but also allows the system to flexibly address diverse surgical tasks and scenarios, laying a solid foundation for the evolution of intelligent surgery."From Lab to Operating Room: A Leap Toward Clinical TranslationAs a key technology partner in the research, the Cornerstone Robotics team worked closely with CUHK researchers to complete the successful deployment of algorithms and their in vivo validation on the Sentire® Endoscopic Surgical System. This achievement not only validates the open-source infrastructure and high compatibility of Cornerstone Robotics’ platform but also marks a significant advance in accelerating AI-powered surgical assistance from the lab to the forefront of clinical translation.Professor Samuel Au, Founder and CEO of Cornerstone Robotics, commented, "We firmly believe that deep integration between research and industry is the driving force behind breakthroughs in advanced medical technologies. This collaboration not only validates the real-world application of embodied AI on a commercial robotic surgical platform but also showcases their vast potential in surgical automation. We will continue to work with international researchers and clinical partners to explore new eras in task automation, human-robot collaboration, and intelligent system monitoring mechanisms, to accelerate the path toward real clinical application of smart surgical robots."About Cornerstone Robotics Limited (CSR)Cornerstone Robotics (CSR) is a unicorn enterprise, leading medical innovations to create a healthier world. It advances surgical care with cutting-edge robotic systems that make high-quality healthcare more accessible and efficient globally. Founded in 2019, CSR has assembled a global team of surgical robotics experts, clinical professionals, and multidisciplinary innovators, driving rapid growth with key hubs in Hong Kong, Shenzhen, Beijing, Shanghai, and Boston (US), alongside an R&D collaboration hub in Portsmouth (UK). With multiple development pipelines, we are pioneering robotic solutions for soft tissue and other surgical specialties.To find out more information, please visit our website at https://en.csrbtx.com/. Copyright 2025 ACN Newswire via SeaPRwire.com.
Phoenitron’s E-commerce Business records unaudited aggregated profit before taxation of approximately HK$55.6 million in 1H2025
HONG KONG, Aug 6, 2025 - (ACN Newswire via SeaPRwire.com) - Phoenitron Holdings Limited ("Phoenitron" or the "Company", together with its subsidiaries, the "Group"; stock code: 8066) is pleased to announce that the Group’s e-commerce business has continued to grow rapidly, achieving groundbreaking results. Based on the unaudited management accounts of each of the Group’s wholly-owned subsidiaries, Shanxi Dongchuang Digital Entertainment Technology Group Company Limited ("Shanxi Dongchuang") and CyberMirage (HK) Limited ("CyberMirage"), the e-commerce business and the artificial intelligence (“AI”) business recorded unaudited aggregated revenue of approximately HK$60.9 million and unaudited aggregated profit before taxation of approximately HK$55.6 million for the six months ended 30 June 2025, respectively. This reflects the rapid growth of the Group’s e-commerce business and the success of its forward-looking deployment in the artificial intelligence sector.The Group's e-commerce business encompasses the operation of the Dongchuang E-Commerce App Service Platform, a membership e-commerce platform that operates within a pan-entertainment digital ecosystem, and the provision of speech technology-related services via AI platform. The Group has been consistently pursuing the diversification of its business portfolio to capitalize on new development opportunities in the booming digital economy and AI applications. To promote business expansion, the Group acquired Shanxi Dongchuang in 2024, which not only introduced an Internet operations team with rich experience and strong customer resources, but also established a competitive advantage in private domain traffic operation, injecting strong momentum into the Group’s entry into the AI field and its business upgrading and transformation.The successful operation of the private domain e-commerce platform has not only driven rapid performance growth for the Group, but also accumulated over 100,000 loyal members. In CyberMirage’s AI speech technology data collection and annotation business, these members will contribute over 100,000 speech material contributors, accelerating the Group’s upgrade and transformation into an AI data service enterprise.The outstanding performance of the e-commerce business and the AI business marks a milestone in the Group’s business development and has laid a foundation for the Group to seize opportunities in the growing e-commerce platform industry and the expanding AI business. Looking ahead, the Group will continue to enhance the operation of its private e-commerce platform and AI business, comprehensively expand its e-commerce business, continue to strengthen its core advantages, and strive to achieve high-quality business development. The Group will also continue to seek suitable investment opportunities to further enhance its growth potential and remain committed to generating sustainable returns for its shareholders.About Phoenitron Holdings LimitedThe mission of Phoenitron Holdings Limited is to provide shareholders with an optimum steam of steady income and gains by best leveraging the Company’s access to capital and unique investment opportunities. Phoenitron is comprised of six primary business segments, including smartcard manufacturing services, e-commerce, artificial intelligence, financial consulting, recycled resources investment and media and entertainment investments. Its principal activities are manufacturing and sale of smart cards, provision of customised smart card application systems, operation of private domain e-commerce platform, AI speech technology data service, provision of financial and management consultancy services, sale and trading of scrap metals and investment in the media and entertainment industry. Headquartered in Hong Kong, the Company has primary holdings and investment across Greater China. About Shanxi Dongchuang Digital Entertainment Technology Group Company LimitedShanxi Dongchuang Digital Entertainment Technology Group Company Limited (formerly known as “Hainan Dongchuang Digital Entertainment Technology Group Company Limited”) operates a pan-entertainment digital ecosystem membership e-commerce platform, which primarily provides entertainment e-commerce with private domain traffic, including the provision of digital products and services.About CyberMirage (HK) LimitedCyberMirage (HK) Limited (formerly known as "PMIS Limited") provides artificial intelligence voice services. Copyright 2025 ACN Newswire via SeaPRwire.com.
International Land Alliance Brings Baja to Buyers with Live Zoom Webinar Experience
SAN DIEGO, Aug 6, 2025 - (ACN Newswire via SeaPRwire.com) - International Land Alliance, Inc. (OTCQB: ILAL), a leading international land investment and development firm, announced today the launch of a series of live Zoom webinars designed to provide prospective homebuyers and investors with an immersive, real-time look at the Company’s flagship development, Rancho Costa Verde, located in the scenic San Felipe region of Baja, Mexico.The inaugural webinar, hosted by ILAL’s Vice President of Marketing Robert Rios, will be held Thursday, August 6 at 7:00 p.m. PDT (10:00 p.m. EDT). Attendees can register in advance at: Zoom Registration Link“There has been so much interest nationwide, and not everyone can travel to San Diego and then Baja—so we decided to bring Baja to them,” said ILAL President Frank Ingrande. “This is the first of many events, and we’re excited to eventually broadcast future sessions directly from the resort community itself.”The webinars aim to bridge the gap between lifestyle homebuyers and the investment community by offering both groups a transparent look into ILAL’s unique vision. Rancho Costa Verde is a sustainable, solar-powered residential resort development offering affordable, high-quality homes along the Sea of Cortez.“Why can’t we create crossover excitement between intelligent homebuyers and savvy pubco investors” Ingrande added. “The Zoom webinars are a vehicle for transparency and engagement. Our goal is to show—not just tell—what makes our company and properties so unique.”As a special incentive, participants who complete the post-event survey will receive a complimentary 3-day, 2-night Baja Weekend Getaway, which includes transportation from San Diego, accommodations, and most meals.In a further strategic development, ILAL has secured an exclusive agreement to become the sole licensed reseller in Mexico for a popular U.S.-based tiny home product line, furthering its commitment to sustainable living. Full details will be released in a separate announcement scheduled for pre-market Tuesday, August 12.For more information about ILAL and its properties, visit www.ila.company About International Land Alliance, Inc. International Land Alliance, Inc. (OTCQB: ILAL) is an international land investment and development firm based in San Diego, California. As its’ core mission, the Company has embraced technology for sustainable and socially responsible solutions, in addition to using proptech and construction tech advanced applications to meet these goals. The Company is focused on acquiring attractive raw land primarily in Northern Baja California, often within driving distance from Southern California. The Company serves its shareholders by allotting considerable resources to seek out the finest sites available and obtaining the necessary development permits to build a compelling portfolio of properties, which provide a diversity of investment and living options. Please visit: www.ila.companyMedia Contact:Investor RelationsInternational Land Alliance, Inc.Email: info@ila.companyPhone: (877) 661-4811Safe Harbor StatementThe press release may include certain statements that are not descriptions of historical facts but are forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements may include the description of our plans and objectives for future operations, assumptions underlying such plans and objectives, and other forward-looking terminology such as "may," "expects," "believes," "anticipates," "intends," "projects,” or similar terms, variations of such terms or the negative of such terms. There are a number of risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein. Such information is based upon various assumptions made by, and expectations of, our management that were reasonable when made but may prove to be incorrect. All such assumptions are inherently subject to significant economic and competitive uncertainties and contingencies beyond our control and upon assumptions with respect to the future business decisions which are subject to change. Accordingly, there can be no assurance that actual results will meet expectations, and actual results may vary (perhaps materially) from certain of the results anticipated herein. Copyright 2025 ACN Newswire via SeaPRwire.com.
MyFintech Week 2025 Highlights Transformative Forces in Finance
MyFintech Week 2025 Highlights Transformative Forces in FinanceMyFintech Week 2025 (MyFW 2025) highlights the forces reshaping the financial sector through digitalisation, sustainability and demographic shifts.The event features experts on key issues in finance, such as digitalisation and innovation, financial inclusion and sustainability.The four-day event showcases transformational insights from thought leaders and masterclasses by industry experts.KUALA LUMPUR, Aug 6, 2025 - (ACN Newswire via SeaPRwire.com) - MyFW 2025 spotlights the forces reshaping the financial sector – digitalisation, sustainability and demographic shifts. Emerging technologies such as generative AI and blockchain are transforming business models and redefining consumer expectations. Malaysia’s commitment to achieving net-zero emissions is also driving demand for innovative financial solutions. In addition, the challenges posed by an ageing population stress the need for inclusive policies in long-term welfare, healthcare and social protection.Reflecting these realities, MyFW 2025 is structured around three thematic tracks. From closed-door dialogues to expert-led masterclasses and in-depth focus sessions, these themes form the week’s conversations:‘Finance for the Future’ focuses on building a digitally enabled and forward-looking financial system;‘Finance for Change’ supports sustainability and social impact; and‘Finance for a Resilient Ecosystem’ aims to strengthen financial system resilience.Held from 4 to 7 August 2025 at Sasana Kijang and AICB Centre of Excellence, MyFW 2025 is co-organised by Bank Negara Malaysia (BNM), Securities Commission Malaysia (SC), Asian Institute of Chartered Bankers (AICB), Fintech Association of Malaysia (FAOM) and Malaysia Digital Economy Corporation (MDEC). The event brings together regulators, financial institutions, digital banks, fintech innovators, technology providers, policymakers, investors and academia for bold conversations, practical insights and regional alignment.The event was officiated by Yang Berhormat Datuk Seri Amir Hamzah Azizan, Minister of Finance II. “The financial sector must play a more active role in shaping outcomes that matter to society in the years ahead, supporting these new growth areas, broader entrepreneurship and innovation, as well as fostering economic resilience and social mobility,” he said during his Special Address.The event started with a series of high-level keynotes exploring innovation, inclusion and regulatory clarity. In his opening remarks, BNM Governor Dato’ Sri Abdul Rasheed Ghaffour outlined the importance of collaboration in shaping the future of finance, which requires a whole-of-ecosystem solution. “The future we are building demands that policymakers, regulators, technologists, investors and innovators sit at the same table,” he said.Former central banker and Chairman of George Town Institute of Open and Advanced Studies Tan Sri Andrew Sheng, in his keynote themed “Unlocking Tomorrow: Transformative Innovations in Financial Services”, explored how pivotal technologies, including cloud computing, AI and open data are rapidly transforming the financial landscape. Douglas Feagins, President of Ant International explored the mobile interoperability between different countries and how AI is redefining cross-border transactions and user experiences in digital payments, in his keynote on “Beyond Borders: Mobile Payment in AI Era”.The flagship panel session, “Navigating the Fintech Frontier: Bridging Innovation and Regulation”, gathered central bank governors and financial regulators from across the region. Moderated by Erik Feyen, Head of Global Macro-financial Monitoring at the World Bank, the panel featured Dato’ Sri Abdul Rasheed Ghaffour, Dato’ Mohammad Faiz Azmi, Executive Chairman of SC, Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, and Chia Der Jiun, Managing Director of the Monetary Authority of Singapore. The discussion focused on balancing innovation with consumer trust and the growing need for cross-border collaboration to ensure coherent, future-ready policy frameworks.“Regulatory clarity is essential for fostering responsible innovation, but equally important is the ability to stay agile. Our experience with crypto asset regulation highlights the need for an iterative approach to address fast-paced innovation and market evolution,” Dato’ Faiz said.“We are advancing the next iteration of our approach to digital assets to build a stronger regulated market, boosting competitiveness, resilience, and investor protection. Through regulatory support and ecosystem partnership, we are also facilitating blockchain use cases like bond tokenisation to broaden retail access and democratise wealth creation."The conference features an exciting lineup of sessions on topics including open finance, digital assets and sustainable finance. Participants can also look forward to focused sessions delivered by key partners and industry experts, which will provide in-depth exploration of issues, such as asset tokenisation, generative AI and cybersecurity resilience.About MyFintech WeekMyFintech Week (MyFW) is Malaysia’s flagship finance and innovation event co-organised by Bank Negara Malaysia, Securities Commission Malaysia, Asian Institute of Chartered Bankers (AICB), Malaysia Digital Economy Corporation (MDEC) and Fintech Association of Malaysia. The event brings together leaders, policymakers and innovators to shape the future of finance and serves as a launchpad for collaboration and progress toward a more inclusive, innovative and resilient financial ecosystem.For media enquiries (The appointed PR agency of MyFW 2025):Nazira Yusof, Client ExecutivePRecious Communications+6 011 6230 3806nazira@preciouscomms.com Copyright 2025 ACN Newswire via SeaPRwire.com.
35th Food Expo opens next week five theme days kick off premium lifestyle journey
- Food Expo, Food Expo PRO, Hong Kong International Tea Fair, Beauty & Wellness Expo, and Home Delights Expo will be held from 14 August at the Hong Kong Convention and Exhibition Centre - Featuring some 1,890 exhibitors, the five exhibitions present global gourmet foods and lifestyle products- The Hong Kong International Tea Fair fully opens to both the public and trade buyers for the first time, promoting tea culture- Five theme days including Shall We Tea (14 August), Flavours of Intangible Cultural Heritage (15 August), Asian Delights (16 August), Body, Mind & Soul (17 August), and Taste of HK (18 August) - offer engaging activities and highlight trending products- To celebrate Food Expo’s 35th edition, there are more than 100 special offers provided by the exhibitors including products priced at HK$35.HONG KONG, Aug 6, 2025 - (ACN Newswire via SeaPRwire.com) - Organised by the Hong Kong Trade Development Council (HKTDC), the 35th Food Expo, 9th Beauty & Wellness Expo, and 11th Home Delights Expo will take place from Thursday, 14 to Monday, 18 August 2025 at the Hong Kong Convention and Exhibition Centre (HKCEC) in Wan Chai. Running concurrently, the trade-focused 3rd Food Expo PRO and the 16th Hong Kong International Tea Fair will be held from 14 to 16 August, with the Tea Fair opening to both trade and public visitors for all three days for the first time. Together, these five fairs feature some 1,890 exhibitors, showcasing a diverse global gourmet foods and wines, teas, health and beauty products, and innovative home appliances, providing a one-stop sourcing and shopping experience for trade buyers and the public. Additionally, the International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM), co-organised by the HKTDC, the Modernized Chinese Medicine International Association (MCMIA), and 10 research institutions, will be held on 14 and 15 August, offering industry professionals the latest insights into Chinese medicine.At today’s pre-event press conference, Sophia Chong, HKTDC Deputy Executive Director, commented: “The 35th Hong Kong Food Expo and its concurrent events are key highlights in Hong Kong’s event calendar. There are five curated theme days across the fairs, each delivering diverse experiences for visitors seeking gourmet delights, wellness, and elevated lifestyles. This year, exhibitors will present a comprehensive line up of products and special deals, complemented by interactive activities and special celebrations for the 35th Food Expo, including lucky draws and engaging games with prizes. These initiatives aim to create a memorable experience for visitors and stimulate local consumption.”The five fairs bring together exhibitors from 35 countries and regions, including first-time participants such as Brazil, Mongolia and Zimbabwe, and representatives from nine ASEAN countries highlighting diverse culinary cultures. With 45 regional pavilions – an increase from last year – the events showcase an extensive international presence, featuring provinces from Mainland China, as well as Macao, Japan, Kenya, Korea, Thailand, the Philippines, Poland, Sri Lanka and Vietnam.Food Expo PRO and Tea Fair Showcase Diverse Products – Halal Food, and Food Science and Coffee in Focus (14-16 August) The 3rd Food Expo PRO opens exclusively to trade buyers for the first two days, with both public and buyers welcome on the final day (16 August). Global exhibitors present premium food products, services, and technologies, highlighted by the new “Coffee Zone”, featuring coffee products, accessories, and machines from various countries and regions. Mainland China’s leading coffee bean producer, Yunnan Province, presents enterprises from Pu’er City showcasing Kunlu Mountain and Jinpaoshan roasted beans, alongside other specialty products. On 16 August, the Hong Kong Specialty Coffee Association hosts a coffee cupping competition, challenging professional baristas’ taste and smell, fostering exchange among coffee enthusiasts.Building on last year’s introduction of halal food and beverage label, Food Expo PRO and Food Expo feature more than 120 exhibitors from Mainland China, Japan, Korea, Thailand, the Philippines, Vietnam and beyond, showcasing premium halal products and strengthening Hong Kong’s position as an international food hub. A seminar on the halal food market will feature Kowloon Shangri-La, the first Hong Kong hotel to earn a Level 5 Muslim-Friendly Accommodation Certification from Crescent Rating, alongside experts discussing opportunities in the halal industry and promoting Hong Kong as a Muslim-friendly destination. In partnership with the Islamic Trust Fund of Hong Kong, the city’s recognised halal certification body, halal certification certificates will be awarded to local restaurants during the event, supporting businesses in tapping into the Islamic market.The “Food Science and Technology” zone highlights health-focused and future foods tailored for the silver economy, featuring innovative products like soft-textured mooncakes and cognitive health supplements developed by local exhibitors. The Food Technology Seminar will explore the development of additive-free foods in Hong Kong and advocate for a “Clean Label” standard.The 16th Hong Kong International Tea Fair welcomes trade buyers and the public over three days, promoting tea culture through health-focused tea and tea-related activities. Visitors can sample premium teas, including Bai Hao Yin Zhen (Silver Needle Tea), mild-acidity German fruit teas, cherry blossom black tea made from Yunnan’s century-old tea trees, raw Pu-erh tea from 1,500-meter-high ancient trees, award-winning Bai Yun Chun Hao tea, Iranian black and herbal teas, Kenyan orthodox tea, antioxidant-rich Sri Lankan purple tea, paired with exquisite teaware from various regions. The fair also features innovative tea beverages, such as Hong Kong-style Yuan Yang Tea capsules, herbal wellness tea capsules, sparkling tea, kombucha champagne tea, non-alcoholic ice wine tea, and matcha beverages. The “Friends of Tea” zone offers tea-infused snacks and perfumes, blending traditional and modern tea culture.In collaboration with the Chinese Tea Culture International Exchange Association, the fair hosts the inaugural Guangdong-Hong Kong-Macau Youth International Tea Art Competition 2025, with the theme of “Bridging Eras in Greater Bay Area’s Tea Culture”, fostering cultural exchange among youth in Hong Kong, Macau, and Guangdong. The judging panel for the “Hong Kong International Tea Competition” will select the winners for the “Best Taste” and “Best Aroma” across six categories, with free tastings of the winning teas available to the public on 16 August. Additional event highlights include the “China & Greater Bay Area KamCha Competition 2025 (HK Milk Tea) - Hong Kong Final”, “2025 Hong Kong International Tea Culture Forum and China Tea Tourism City Brand Ceremony”, and the “International Tea Event Space Design Competition 2025”.Food Expo: A Global Culinary Adventure with New Taste Experiences (14-18 August) The 35th Food Expo presents a five-day celebration of global gourmet foods and beverages. The “Gourmet Zone” features seven themed areas, covering fine dining, craft beverages, and indulgent desserts. Highlights include first-time exhibitor Meigetsudo, an 80-year-old Taiwanese confectionery brand offering wagashi and souvenirs, alongside award-winning beef noodles, tea gelato blended with locally made nut butter, specialty coffee, plum-lemon honey soda, Dubai chocolate, and Chinese sake. Local brand Mezzanine Makers has collaborated with six Hong Kong brands to create the “Mezzanine Pub”, featuring Kowloon Spirits (Hong Kong’s first locally crafted whiskey brand), N.I.P. Gin , and Magnolia Lab , a liqueur brand blending Western mixology with Chinese herbs.The “Gourmet Zone” invites 10 star chefs, including Dong Lai Shun’s Sze Chiu Kwan, Fook Lam Moon (Kowloon Bay)’s Chan Chun Hung, The Royal Garden Le Soleil’s Do Thi Thuy Linh, OOAK LAMMA’s Stefanie Leung, and Deli Labo’s Nancy Fung, to demonstrate exquisite dishes using premium ingredients. The “Premium Food” zone showcases more than 30 renowned brands, including Chewy, CHOYA, Kee Wah, Lee Kum Kee, Maxim’s, Nissin, On Kee, Original Taste Workshop, Wing Wah, and first-time exhibitor Häagen-Dazs.The China National Agricultural Pavilion, organised by the Agricultural Trade Promotion Centre, the Ministry of Agriculture and Rural Affairs of Mainland China, will present a thousand agricultural and food products from 13 provinces, including Anhui, Guangdong, Hainan, Xinjiang, and Shandong. This will fully showcase the distinctive regional characteristics of agriculture in Mainland China.Beauty & Wellness Expo: Embracing Natural Beauty and Nurturing Mind and Body (14-18 August) The 9th Beauty & Wellness Expo presents premium skincare, haircare, health supplements, and slimming products. A new Polish pavilion introduces high-quality caviar essence creams, natural essential oils, and hair-growth serums.The new “Scentsation” zone focuses on perfumes and aromatherapy, featuring over 20 renowned brands, including Eternal Group, and first-time exhibitor Lush with its hit product Deep Sleep Magnesium Massage Bar. In collaboration with the Hong Kong Association of Flower Arranging Societies, a “Scentsation” showcase explores the power of fragrances in nurturing mind, body, and soul, alongside more than 30 artistic floral displays with the theme of Brilliant Floral Banquet.The Body Mind Spirit zone offers stress-relieving activities such as gong baths, sand painting, and hand massages. Industry partners, including the Hong Kong China Federation of Bodybuilding & Fitness, Federation of Beauty Industry (H.K.), Hong Kong Hair & Beauty Merchants Association, International Beauty & Health General Union, and the Cosmetics & Perfumery Association of Hong Kong, present the Beauty Salon, providing complimentary eyebrow trimming, manicures, body painting, and hairdressing services with limited availability.Home Delights Expo: Future Homes for Elevated Lifestyles (14-18 August) The 11th Home Delights Expo showcases products such as home technology, massage chairs, kitchen appliances, bedding, furniture, and interior design services. New exhibitors include EMMAS, KuKa, Leung So Kee and Maxell. The “Avenue of Delights” showcases over 35 lifestyle brands, including LAURASTAR, Osim, Owell, Tiger, and Zwilling.Featured home tech includes Towngas’ steam washing machine with smart stain treatment, German Pool’s Induction Cooker Food Warmer Turntable for simultaneous cooking and heat retention, and Thermomix’s multifunctional kitchen appliance, combining over 30 appliances in one compact unit, saving time and space. Celebrating Snoopy’s 75th anniversary, the “Snoopy Hide & Seek” activity invites visitors to snap photos with Snoopy and friends for a chance to win special prizes.Five Theme Days: Unique Activities Every Day The fairs feature cross-exhibition theme days, each offering curated experiences: 1.Shall We Tea (14 August): The opening day includes Northern and Southern dim sum demonstrations, tea therapy workshops, and talks such as The Legacy and Contemporary Dialogues of Chinese Tea Culture and The Beauty of Tea, Where Small Things Reveal Greatness.2.Flavours of Intangible Cultural Heritage (15 August): Highlights include Hakka Sau Fan making, and demonstrations of traditional steamers and bamboo crafts. Master Choi Wing-kei share some behind-the-scenes stories related to floral plaque craftsmanship, alongside Tai Chi and Wing Chun performances. 3.Asian Delights (16 August): Showcases Asian cuisine and culture with Chinese sake brewing demonstrations, Vietnamese and molecular Thai cooking demonstrations, Japanese shamisen performances, and Thai yoga massage experiences.4.Body, Mind & Soul (17 August): Focusing on the silver economy, exhibitors like Mannings offer a Smart Health Station with free health tests for seniors. Seminars explore immunity-boosting diets, therapeutic soups, and cross-border medical trends in Hong Kong.5.Taste of HK (18 August): Partnering with DRAGONS' DEN, the Vegetable Marketing Organization, and the Fish Marketing Organization, the event promotes local produce, inspiring healthy, delicious home-cooked meals that embody the farm-to-table dining.ICMCM: Experts Discuss Trends in Chinese Medicine and Health Products (14-15 August) The Modernized Chinese Medicine International Association (MCMIA) is partnering with the HKTDC, and ten scientific research institutions to present at the latest International Conference of the Modernization of Chinese Medicine & Health Products (ICMCM). Under the theme “Latest Research Progress in Preventing and Treating Tumors, Inflammation, and Cardiovascular and Cerebrovascular Diseases with Traditional Medicine”, the conference features 21 prominent speakers from Hong Kong, Mainland China, and abroad, sharing insights on innovations, global trends, challenges, and successful case studies. Conducted in a hybrid format to enable global participation, the conference also offers Continuing Medical Education (CME) credits for Hong Kong-registered Chinese medicine practitioners.Food Expo Celebrates 35th Edition with Exclusive Offers To celebrate the 35th Food Expo, free admission tickets are available each day before noon, with 350 each at Halls 3FG and 5FG entrances respectively and redeemable with the designated advertisement. Over 100 promotions are priced at HK$35 to tie in the 35th Food Expo. The “Food Expo 35th Edition – Treasure Hunt” game engages visitors in Hall 3, where they can hunt for ‘treasure’, scan QR codes, answer questions correctly, and redeem gifts. Together with daily lucky draws, prizes are worth over HK$1 million, including kitchenware, furniture, beauty products, gourmet foods, health items; a lucky draw entry is granted for a single transaction of HK$300 or more. The “Smart Bidding” session allows visitors to bid on favourite items starting at 10% of their original price. Visit the “August Happy Buy” promotional website for flash sales and exclusive discounts.Physical ticket sales are unavailable at the venue. E-tickets can be purchased in advance through AlipayHK, Alipay, 01 Space, 7-Eleven, Circle K, Octopus app, or The Club app, or at venue entrances using AlipayHK, Alipay, or Octopus. Discounted “Morning Admission” and “Evening Admission” are offered on select dates.Photo download: http://bit.ly/3HlVfiXThe Hong Kong Trade Development Council (HKTDC) will host a series of events in August, including the 35th Food Expo, 9th Beauty & Wellness Expo, 11th Home Delights Expo, 3rd Food Expo PRO, and 16th Hong Kong International Tea Fair. These five exhibitions, along with the International Conference of the Modernization of Chinese Medicine and Health Products, will commence on 14 August at the Hong Kong Convention and Exhibition Centre (HKCEC). At a press conference today, Sophia Chong, HKTDC Deputy Executive Director, announced the exciting details of these eventsThe Food Expo PRO empowers industry professionals to seize opportunities, with the Food Science and Technology zone as a key highlight, showcasing innovative advancements shaping the future of diningThis year’s Food Expo PRO and Food Expo feature more than 120 exhibitors with the halal food and beverage label, showcasing premium halal productsFor the first time, The Hong Kong International Tea Fair opens to both trade professionals and the public for all three days. Visitors can sample premium teas and teaware from various regions and explore innovative tea beverages, including Bai Hao Yin Zhen (Silver Needle Tea), the finest Chinese white tea, and Canadian ice wine tea crafted from grapes grown below -8°CThe Gourmet Zone offering fine food and wine that will surely satisfy the taste buds of every food lover, including chocolates by five-star hotel chocolatiers using famous wines from across AsiaThe Premium Food Zone featuring a wide range of renowned brands highlighting the quality flavours This year, the Beauty & Wellness Expo introduces a new zone: Scentsation with a focus on perfumes and aromatherapy, featuring over 20 renowned brands, allowing visitors to explore the charm of different scents and experience the benefits of aromatic products for physical, mental, and spiritual healthThe Home Delights Expo showcases innovative products including a multifunctional kitchen appliance of a German brand that combines over 20 appliances in one compact unit, saving time and spaceArtist Chan Ka-sin unboxing the highlighted products from the five theme days at today's press conferenceThe theme of ICMCM this year is “Latest Research Progress in Preventing and Treating Tumors, Inflammation, and Cardiovascular and Cerebrovascular Diseases with Traditional Medicine”. Last year's conference is shown in the photoOpening dates and times of the exhibitions:DateHKTDC Food Expo PROOpen to trade buyers only: 14-15 August (Thursday to Friday)Open to trade buyers and public: 16 August (Saturday)Hong Kong International Tea FairOpen to trade buyers and public: 14-16 August (Thursday to Saturday)HKTDC Food Expo, HKTDC Beauty & Wellness Expo, HKTDC Home Delights Expo14-18 August (Thursday to Monday)International Conference of the Modernization of Chinese Medicine and Health Products14-15 August (Thursday to Friday)TimeHKTDC Food Expo PRO, Hong Kong International Tea Fair14-15 August: 10:00 am to 6:00 pm16 August: 10:00 am to 5:00 pmHKTDC Food Expo, HKTDC Beauty & Wellness Expo, HKTDC Home Delights Expo14-17 August: 10:00 am to 10:00 pm18 August: 10:00 am to 6:00 pmVenueHong Kong Convention and Exhibition Centre, Wan ChaiAdmissionFood Expo Public Hall, Home Delights Expo, Beauty & Wellness Expo and Hong Kong International Tea Fair 2025 single ticket: HK$30 per person (Ticketholders can pay a top-up fee of HK$10 for admission to the Gourmet Zone on the same day)Food Expo Public Hall and Gourmet Zone, Home Delights Expo, Beauty & Wellness Expo and Hong Kong International Tea Fair 2025 combo tickets: HK$40 per person**HK$36 per person during the pre-sale period from 31 July to 13 August (Tickets are available for pre-sale and walk-in at all 7-Eleven and Circle K convenience stores for HK$36 per person.)Remarks: Holders of 16 August single ticket & combo ticket can visit the Food Expo PRO and Hong Kong International Tea FairMorning admission tickets: Entry before noon on 14, 15 and 18 August, Thursday, Friday and Monday, to the Food Expo Public Hall, Home Delights Expo, Beauty & Wellness Expo and Hong Kong International Tea Fair on the same day: HK$10 (pay directly by AlipayHK, Alipay or Octopus card for admission at the hall entrances only)Night admission tickets: Entry after 6:00 pm on 14 to 17 August, Thursday to Sunday, to the Food Expo Public Hall, Home Delights Expo, Beauty and Wellness Expo on the same day: HK$10 (pay directly by AlipayHK, Alipay or Octopus card for admission at the hall entrances only)Concessionary price for persons with disabilities: HK$10 (top-up fee for the Gourmet Zone on the same day is HK$10)Note: Persons with disabilities need to present a “Registration Card for Persons with Disabilities”, issued by the Labour and Welfare Bureau (pay directly by AlipayHK, Alipay or Octopus card for admission at the hall entrances only)Tourist tickets: HK$20 (HK$30 including admission to the Gourmet Zone)Note: Tourists need to present valid travel documents at the fairground to purchase tickets.Free admission is available for children aged three and under and senior citizens aged 65 or above (presenting valid age proof).TicketsE-tickets are available for sale at AlipayHK and Alipay, the 01 Space e-ticketing platform, all 7-11, Circle K convenience stores, Octopus app and The Club app.HKTDC Food Expo PROfoodexpopro.hktdc.comHKTDC Hong Kong International Tea Fairhkteafair.hktdc.comHKTDC Food Expohkfoodexpo.hktdc.comHKTDC Beauty & Wellness Expohkbeautyexpo.hktdc.comHKTDC Home Delights Expohomedelights.hktdc.comThe International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM)icmcm.hktdc.comAugust Happy Buy websiteecoupon.hktdc.com/food/Media EnquiriesOgilvy Public Relations:Rex CheukTel:(852) 5618 9908email:rex.cheuk@ogilvy.comLeanne PokTel:(852) 9379 9694 email:leanne.pok@ogilvy.comDaisy LeungTel:(852) 9275 7704email:daisy.leung@ogilvy.comHKTDC’s Communications and Public Affairs Department:Stanley SoTel:(852) 2584 4049email:stanley.hp.so@hktdc.orgSerena CheungTel:(852) 2584 4272email:serena.hm.cheung@hktdc.orgClayton LauwTel:(852) 2584 4472email:clayton.y.lauw@hktdc.orgMedia Room: http://mediaroom.hktdc.comAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit:www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.
AITO launches EV Road Tour from Chongqing to Jakarta
JAKARTA, Aug 6, 2025 - (ACN Newswire via SeaPRwire.com) - Chinese automotive company SERES and electric vehicle brand AITO launched a road tour from Chongqing to Jakarta on Monday (4/8) to test the brand's durability, as well as celebrate 75 years of Indonesia-China diplomatic relations. The "Open the Way with AITO" road tour will pass through several ASEAN countries on its way to Jakarta, covering a route of 5,000 kilometers. Vehicles on the tour are the AITO M5, AITO M7, and AITO M9.Indonesian Chamber of Commerce and Industry China Committee (KIKT) Chairman Garibaldi 'Boy' Thohir, SERES Automobile President Leon He, and Indonesian Ambassador to China and Mongolia Djauhari Oratmangun at Chongqing-Jakarta AITO Road Tour launch in Chongqing, China on Aug 4."The KIKT (Indonesian Chamber of Commerce and Industry Bilateral Committee for China) is here in Chongqing to launch this major event where AITO vehicles will travel a route from Chongqing, China to Indonesia, with a big welcoming event planned on August 25 in Jakarta," said KIKT Chairman Garibaldi "Boy" Thohir to ANTARA after the launch event in Chongqing on Monday.The road tour, titled "Open the Way with AITO," will pass through several ASEAN countries on its way to Jakarta, covering a route of about 5,000 kilometers. The AITO vehicles in the road tour are the AITO M5, AITO M7, and AITO M9."The Chinese government, especially President Xi Jinping, has promoted 'One Belt One Road,' and this is one example of the Silk Road from Chongqing to Indonesia. With this event, we also hope to attract the attention of young people," Boy added.Young people will be represented in the event by celebrities such as Boy William and Gading Marten, as well as Kanjeng Gusti Pangeran Adipati Arya (KGPAA) Mangkunegara X Bhre Cakrahutomo Wira Sudjiwo, commonly known as Gusti Bhre."Because many young people like fun, informal things, I am involving Boy William and Gading Marten to be icons so that young Indonesians can see how far Chinese technology has progressed, and especially the good relationship between the two countries," Boy explained.The Indonesian Ambassador to China and Mongolia, Djauhari Oratmangun, stated that this event was not only related to Indonesia and China but to several ASEAN countries. "This shows that the NEV (new energy vehicle) industry will enter Indonesia and produce in Indonesia for the ASEAN market, and therefore the Indonesian Embassy in Beijing fully supports it," said Ambassador Djauhari. Ambassador Djauhari sees renewable energy vehicles (New Energy Vehicles) as part of the green economy. "We have the materials, especially for producing batteries as the main component of the electric vehicle industry. Therefore, we welcome the presence of the electric vehicle industry in Indonesia, and China has become one of the world's main producers of electric vehicles," Ambassador Djauhari added.In his remarks, Ambassador Djauhari said that young people, innovators, and even tourists are beginning to play a role in Indonesia-China relations. "Events like this spark a curiosity, a spirit of adventure and mutual understanding. As this tour starts from Chongqing, the hope is that it can also bring about a more integrated ASEAN-China region, a more strategic, sustainable, and comprehensive Indonesia-China partnership, and a stronger, more environmentally friendly future," Ambassador Djauhari explained.SERES Automotive President Leon He said that AITO had previously undertaken a similar overland expedition in Europe. "Last year's expedition covered 15,000 km in 38 days to Paris, which proved the toughness of our vehicles. This year, the journey will continue to Indonesia, a strategic market with an economic potential of 150 billion US dollars and a strong commitment to new energy vehicles," said Leon He.Leon He noted that the presence of the SERES factory in Sokonindo, Indonesia since 2017 has been an important stepping stone for expansion in the ASEAN region. The AITO brand itself has not yet entered Indonesia, but SERES Automobile has been present through PT Sokonindo Automobile, which oversees the DFSK brand.The Sokonindo factory has stood since 2017 in the Modern Cikande Industrial Estate, Serang, Banten, covering 20 hectares, with a total investment of USD 150 million and a maximum production capacity of 50,000 units per year for both domestic and international markets. Indonesian Chamber of Commerce and Industry: https://kadin.id/en/ Copyright 2025 ACN Newswire via SeaPRwire.com.
Robot Boom in HK: Shoucheng Holdings at the Forefront
HONG KONG, Aug 5, 2025 - (ACN Newswire via SeaPRwire.com) - On August 4, the China Robotics Industry ETF (159551) rose by 2.44%, as investor enthusiasm for the sector continues to surge. Humanoid robotics is transitioning from a phase of “technical breakthroughs” to one of “scenario implementation,” marking the start of a new acceleration cycle. With a series of industry catalysts unfolding, the robotics segment in the Hong Kong market is entering a structural upswing.Among the emerging opportunities, Shoucheng Holdings (0697.HK) stands out as a rare asset platform company with full-chain industrial deployment and real scenario execution capability.1. From Showroom to Deployment: Humanoid Robots Hit the Ground RunningAt the 2025 World Artificial Intelligence Conference (WAIC) held in late July, over 150 humanoid robots were demonstrated performing real-time dynamic tasks across industrial, service, and medical settings — a first in China. Unlike previous static displays, this year’s event showcased robots in real application scenarios such as cleaning, concierge services, and logistics handling, demonstrating the rapid convergence of hardware, algorithms, and computing power.At the same time, major news continues to drive investor sentiment:Unitree Robotics has entered IPO counseling, and the World Robot Conference 2025 is set to launch with over 100 new product debuts.In this context, Shoucheng Holdings stands out as a rare Hong Kong-listed company with both industrial integration capabilities and operational execution power, filling a critical gap in the market.2. From Conference to Application: Shoucheng’s Robot Ecosystem Comes AliveWhile many firms are still stuck in the “capital narrative” stage, Shoucheng Holdings is entering a phase of real industrial depth, evolving from investor to industrial connector and platform enabler.At the upcoming World Robot Conference 2025, Shoucheng is organizing an official sub-forum titled “Robotics Investment and Innovation Forum”, bringing together top-tier founders and venture capitalists to discuss commercialization strategies for humanoid robotics in the so-called “mass production year.” The forum serves as a bridge linking capital, technology, and market demand.In parallel, at the World Humanoid Robot Games, Shoucheng’s subsidiary Beijing Robotics Leasing Co. has provided 78 robots from its portfolio companies — including Booster Robotics, Galaxea-AI, Noetix Robotics, and Galbot — to support training in core competition categories such as football, athletics, and scene-based tasks. Several invested companies are also participating directly, enabling a full cycle of product testing, feedback, and application validation.Shoucheng’s ability to integrate investment, leasing, agency services, and operations has led to the creation of a scalable and repeatable robotics application infrastructure, positioning it as one of the few platform companies in the Hong Kong market with true industrial depth.3. A Rare Valuation Opportunity in Hong Kong’s Robotics MarketWhile many companies in China’s robotics ecosystem are either unlisted or trading at high valuations, Shoucheng Holdings currently trades at just around HK$1.90 and has completed multiple rounds of share buybacks. This signals strong management confidence in the company’s long-term value.In a market that favors “high growth + application-driven” assets, Shoucheng — with its triple focus on robotics, REITs, and medical technology — is emerging as one of the most compelling industrial platforms for investors riding the next robotics wave.Posted by All Way Success Company Limited for Shoucheng Holdings www.shouchengholdings.com [HKSE:0697, FRA:SHVA, OTCPK:SHNHF] Copyright 2025 ACN Newswire via SeaPRwire.com.
University of Cyberjaya Welcomes Education Reforms under RMK13: A Bold Step Toward Future-Ready Talent and Inclusive Innovation
CYBERJAYA, MALAYSIA, Aug 6, 2025 - (ACN Newswire via SeaPRwire.com) - The University of Cyberjaya (UoC) welcomes the Government’s forward-looking vision for education and talent development as outlined in the Thirteenth Malaysia Plan (RMK13) and the National AI Action Plan 2030. These blueprints signal a decisive move toward nurturing ethical, digitally fluent, and globally competitive Malaysians, goals that are fully aligned with UoC’s mission.Prof. David Whitford, Vice-Chancellor of the University of Cyberjaya“RMK13 is not just a plan for national development, it’s a roadmap for reshaping the human capital landscape of Malaysia,” said Prof. David Whitford, Vice-Chancellor of the University of Cyberjaya. “We applaud its emphasis on character, AI literacy, digital skills, and entrepreneurship, all of which are integrated into our programmes.”As a healthcare and technology-focused university, UoC is committed to:Embedding AI exposure and digital competencies across all disciplines;Supporting lifelong learning through flexible pathways and adult education initiatives;Enhancing graduate employability via compulsory internships, employer engagement, and soft skills development.“The government’s commitment to paid, compulsory internships and new metrics for graduate outcomes directly supports the work we’ve been doing to strengthen real-world readiness,” Prof. Whitford noted. “Our graduates are already achieving high employability thanks to strong industry linkages and soft skills infused curriculum.”UoC also supports the RMK13’s proposed pilot autonomy for universities, recognising this as a critical step toward greater innovation, agility, and accountability in higher education. The University is prepared to work closely with both public and private stakeholders to ensure high-impact research, academic excellence, and internationalisation remain core to Malaysia’s tertiary education future.“The University of Cyberjaya stands ready to play its part in supporting Malaysia’s ambition to become a top 30 global economy and a top 20 innovation nation by 2030,” said Prof. Whitford. “The future begins with the talent we develop today."Issued by MNAIR PR Consultancy Sdn. Bhd. on behalf of University of Cyberjaya:For media enquiries:MNAIR PR ConsultancyShuman VasuAssociate Director, Public Relations+6017 354 6461shumanv@mnairpr.comUniversity of Cyberjaya’s Public Relations Office:Sharon Oh or Asyraf ShipurizanCommunicationsCyberjaya Education Group Berhadgcmc@cyberjaya.edu.my Copyright 2025 ACN Newswire via SeaPRwire.com.
TruMerit Launches Global Credential for First-Level, General Nurses
PHILADELPHIA, PA, Aug 6, 2025 - (ACN Newswire via SeaPRwire.com) - TruMerit, a worldwide leader in international credentials evaluation to support health worker careers, today introduced the Certified Global Nurse (CGN), the world's first truly global credential for first-level, general nurses (RNs).TruMerit | Global careers. Care anywhere.The new, merit-based credential is available to any qualified nurse - from any country - to recognize their competencies, regardless of where they choose to live and work. It is awarded upon passage of TruMerit's Nurse Qualifying Exam (NQE), which applicants may take after verification of their nursing education and licensure.Previously known as the CGFNS Qualifying Exam and used by nurses migrating to the United States, the NQE was reinvented with a global focus to support the ongoing evolution of nursing practice worldwide and particularly the emergence of key challenges such as digital health, mental health, and climate change. This was achieved through a collaborative process involving more than 70 nursing experts from 50 countries, with all World Health Organization regions and World Bank country income levels represented. The experts agreed upon a core set of nursing practice standards after analyzing nursing competency frameworks from 37 countries.In addition to its role as a key requirement for the CGN credential, the upgraded exam continues to support other TruMerit programs - such as the VisaScreen® Visa Credentials Assessment Service and the Certification Program® - as a shared global framework for validating the applied knowledge and practice competence of nurses worldwide."The Certified Global Nurse credential offers nurses everywhere a common framework for meeting globally agreed-upon essential nursing practice standards," said Dr. Peter Preziosi, TruMerit's President and CEO. "When nurses carry the credential, their employers and colleagues will know that their applied nursing knowledge and skills are validated against a global benchmark, attesting to their qualifications for delivering quality healthcare."The credential is ultimately intended to provide nurses with greater mobility within the profession, within their native countries, and across geopolitical boundaries throughout their careers."By signifying work-readiness on an international scale, and thereby helping expand the pool of readily identifiable qualified nurses worldwide, global credentialing will become part of the solution to the challenges health systems are facing around the world," said Preziosi."We hope this credential can contribute to a sustained, collaborative effort involving many stakeholders-health ministries, international agencies, health systems, nursing schools, and nursing associations worldwide-to harmonize nursing education and practice and support the future growth of the global nursing workforce," he said.The Nurse Qualifying Exam is a proctored examination that will be offered four times a year at more than 1,000 Kryterion testing centers located around the world, with the first test window scheduled for November 10-14, 2025. Nurses who wish to earn a CGN credential and sit for the NQE in November must apply by September 30 at the TruMerit website, where they will find more information on the credential and how to prepare for the exam.The testing schedule for 2026 will be announced later this year.About TruMeritTruMerit is a worldwide leader in healthcare workforce development. Formerly known as CGFNS International, the organization has a nearly 50-year history supporting the career mobility of nurses and other healthcare workers - and those who license and hire them - by validating their education, skills, and experience as they seek authorization to practice in the United States and other countries. As TruMerit, this mission has been expanded to building workforce capacity that meets the needs of people in a rapidly evolving global health landscape. Through its Global Health Workforce Development Institute, the organization is advancing evidence-based research, thought leadership, and advocacy in support of healthcare workforce development solutions, including globally recognized practice standards and certifications that will enhance career pathways for healthcare workers. www.trumerit.orgContact InformationDavid St. Johndstjohn@trumerit.orgSOURCE: TruMerit Copyright 2025 ACN Newswire via SeaPRwire.com.
NEFECON(R) Receives NMPA Approval for Production Expansion in China,as Everest Medicines Accelerates Accessibility and Capacity Efforts
HONG KONG, Aug 5, 2025 - (ACN Newswire via SeaPRwire.com) - Everest Medicines (HKEX 1952.HK) today announced that the supplemental application for the production expansion of NEFECON® has been officially approved by China’s National Medical Products Administration (NMPA). This approval for production expansion will further boost capacity and increase product supply, enabling a more efficient response to the growing clinical demand in China and across Asia.NEFECON® is the first and only etiological treatment for IgA nephropathy (IgAN) to receive full approval in China, the United States, and Europe, serving as a foundational first-line therapy for patients with IgAN. Since its initial approval in China in November 2023, NEFECON® was subsequently included in the National Reimbursement Drug List (NRDL) in November 2024, and received full approval from the NMPA in May 2025, irrespective of proteinuria levels, benefiting most individuals living with IgAN.NEFECON® specifically modulates the mucosal immune system in the gut to reduce the formation of pathogenic galactose-deficient IgA1 (Gd-IgA1) that trigger IgAN. Results from the Phase 3 clinical study NefIgArd demonstrated that NEFECON® reduces the decline in kidney function by 50%. Results from Phase 3 clinical study NefIgArd of the Chinese population shows that NEFECON® reduces kidney function decline by 66%, and delays disease progression to dialysis or kidney transplantation by 12.8 years.“The expansion of our NEFECON® production capacity will help better meet the growing clinical treatment needs of IgAN patients in China.” Said Rogers Yongqing Luo, Chief Executive Officer of Everest Medicines. “China has one of the highest rates of primary glomerular disease in the world, with more than 5 million patients estimated to be living with IgAN and over 100,000 new cases diagnosed each year. Chinese IgAN patients generally experience faster disease progression and poorer prognosis, highlighting a significant unmet medical need.As the only etiological treatment for IgAN currently recommended by both international and Chinese guidelines, the expansion of NEFECON® production will further accelerate the uptake of etiological treatment, enabling more patients to access standardized treatment earlier to delay disease progression and protect kidney function. We will continue to enhance the accessibility and affordability of NEFECON®, supporting its advancement from ‘changing the treatment landscape’ to ‘redefining the standard of care’.”NEFECON®, as the only in-disease IgAN treatment has been included in the KDIGO 2024 Clinical Practice Guideline for the Management of Immunoglobulin A Nephropathy (IgAN) and Immunoglobulin A Vasculitis (IgAV) (public review draft), making it the only targeted therapy endorsed by both international and Chinese guidelines. NEFECON® has been approved across all Everest Medicines’ territories, including mainland China, Hong Kong SAR, Macau SAR, Taiwan region, China, as well as Singapore and South Korea, and continues to expand its therapeutic impact across Asia.As production capacity continues to grow and supply capabilities improve, NEFECON® is well positioned to benefit a broader patient population by accelerating the uptake of etiological treatment, enabling more patients to access standardized care earlier to delay disease progression and preserve kidney function. Copyright 2025 ACN Newswire via SeaPRwire.com.