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Smart Lighting Expo and Spring Lighting Fair attracts some 15,000 global buyers

HONG KONG, Apr 9, 2025 - (ACN Newswire via SeaPRwire.com) - - The 2nd Smart Lighting Expo and 16th Hong Kong International Lighting Fair (Spring Edition) concluded successfully today- The twin fairs attracted some 15,000 buyers from 108 countries and regions, with increased numbers from various markets in Asia, Europe and Latin America- An on-site survey showed that more than half of respondents still anticipate sales rising in the next one to two years- InnoEX and Hong Kong Electronics Fair (Spring Edition) will open on Sunday, 13 April at the Hong Kong Convention and Exhibition CentreHONG KONG, Apr 9, 2025 - (ACN Newswire via SeaPRwire.com) - Organised by the Hong Kong Trade Development Council (HKTDC), the 2nd Smart Lighting Expo and 16th Hong Kong International Lighting Fair (Spring Edition) successfully concluded today. The twin fairs welcomed some 15,000 buyers from 108 countries and regions, with notable growth in buyers from Asia including Indonesia, Korea, Taiwan and Thailand, European countries, such as the Czech Republic, the Netherlands and Poland, as well as from Latin America, including Argentina and Colombia. This participation highlights the prominent role both fairs have as global trading platforms for lighting products.Sophia Chong, Deputy Executive Director of the HKTDC, said: “As the first wave of HKTDC’s four spring tech events in April, the twin lighting fairs showcased the most advanced lighting products and solutions. Hosting various industry seminars and networking events, the fairs served as an ideal platform for professionals to expand their connections and discuss trending market topics, driving industry development in greenovation, healthy lighting, and smart technology. This Sunday, InnoEX and Hong Kong Electronics Fair (Spring Edition) will open for four days, reinforcing Hong Kong's position as a leading, international innovation and technology hub.”Home automation and smart lighting control systems reveal competitive edgeThe HKTDC conducted a survey to gain a deeper understanding of the trends in the lighting industry and surveyed 446 exhibitors and buyers on-site. The results indicate that both buyers and exhibitors are still positive about the economic outlook.Highlighted market outlook and product trends:- Within the next 6 to 12 months, 38.3% of respondents anticipate an increase in overall sales, while 52.2% expect sales to remain stable. Over the next 1 to 2 years, 51.8% expect overall sales to increase, with 39.7% anticipate sales to remain stable.- Respondents consider Taiwan (77.1%), Mainland China (76.2%), Hong Kong (70.6%), Japan (65.8%), and ASEAN countries (63.3%) to be promising or very promising target sales markets for lighting products over the next two years in terms of growth.- In terms of market potential, the most sought-after markets for respondents are Europe (24.2%), Australia and Pacific Islands (17.3%), North America (17.3%), ASEAN countries (13.3%), and Latin America (13.3%).- Respondents identify LED lighting (36.8%), residential lighting (25.1%), and commercial lighting (24.4%) as having the greatest growth potential.- Respondents believe home automation and smart lighting control systems (48.9%), energy-efficient lighting control solutions (39%), and outdoor smart security lighting systems (25.8%) have the most potential for smart lighting products in the next two years.- The survey revealed that consumers would be willing to pay an average 28% more for smart-lighting products.Trade discussions gain positive momentumSmart lighting products and solutions integrating artificial intelligence (AI) and Internet of Things (IoT) continued to be a focal point at the fair. The British brand Limi, participated for the first time in the Spring Lighting Fair and showcased its self-developed AI smart lighting control system. The company’s founder and CEO, Umer Asif stated, “The Spring Lighting Fair is the first international lighting fair we have joined. The fair allows us to introduce our new lighting concept to global buyers and enhance our exposure. We have connected with more than 200 buyers from Hong Kong, Europe, Saudi Arabia and the US. We have had preliminary negotiations with more than 50 potential business partners. We expect the fair to bring in US$40 to US$50 million in sales for the company. Due to the favourable results, we have already reserved a bigger booth at the Autumn Lighting Fair.”The Hall of Aurora at the Spring Lighting Fair featured some 180 elite lighting brands including Hong Kong brand Siki - a renowned lighting brand for Mainland China's catering industry specialising in functional LED lighting products. Ye Chang, General Manager of Liang Owltech Company Limited, said: "To expand into overseas markets and establish Siki as a global brand, we participate annually in the Hong Kong International Lighting Fair. At this year's Spring Lighting Fair, we have met various new buyers from Europe, the Middle East, and Southeast Asia, with some 30 potential clients will place orders, we anticipate order sales to reach US$500,000 to US$1 million.”Smart city initiatives have consistently driven the rapid growth of the smart lighting market. Buyers from Brazil's Azizi are dedicated to sourcing quality lighting products for Brazilian companies and government projects. The company’s CEO and founder, Fábio Oliveira said, “Since 2012, I have actively attended the lighting fairs. At this year's Smart Lighting Expo, I have already identified three potential suppliers for smart controllers needed for a street light project, with orders valued at approximately US$1.2 million. My sourcing journey will also continue through the Click2Match platform, ensuring we stay connected with more suppliers after the fairs."Hungary's Seemis Kft is keen to source lighting products from manufacturers in Mainland China for better quality and prices. The company’s Chief Executive Officer, Magyar Krisztina said, “After attending the meetings arranged via the Click2Match platform, we have found three potential suppliers of track lights, linear lights, tri-proof lights and floodlights from Mainland China. We plan to buy US$150,000 to US$200,000 worth of lighting products at the Spring Lighting Fair.”Under the hybrid EXHIBITION+ model, the twin lighting fairs combined in-person sourcing with online meetings via the HKTDC’s Click2Match smart business-matching platform and hktdc.com sourcing platform. Click2Match will be available until 16 April to facilitate discussions between exhibitors and buyers around the world.April brings a calendar packed with innovation and trade eventsDriven by the Government of the Hong Kong Special Administrative Region’s Innovation, Technology and Industry Bureau and the HKTDC, Business of Innovation & Technology Week (BIT Week) in April 2025 brings together a series of tech-related exhibitions, conferences, seminars, roundtables and networking events in Hong Kong, setting the perfect scene for industry exchanges and cross-disciplinary collaborations. A series of exciting must-attend technology events during the week, include the just-ended Smart Lighting Expo and Hong Kong Web3 Festival, as well as upcoming events starting on Sunday, such as InnoEX, Hong Kong Electronics Fair (Spring Edition), and the Hong Kong World Youth Science Conference.Apart from BIT Week, the HKTDC will also host a series of lifestyle exhibitions later this month, including the Hong Kong Gifts & Premium Fair, Home InStyle, Fashion InStyle, Hong Kong International Printing & Packaging Fair, DeLuxe PrintPack Hong Kong, and Hong Kong International Licensing Show and Asian Licensing Conference, to promote Hong Kong's economic and trade development.Photo download: https://bit.ly/3GcOJtQThe 2nd Smart Lighting Expo and the 16th Hong Kong International Lighting Fair (Spring Edition) concluded successfully today, attracting some 15,000 buyers from 108 countries and regionsThe Greenovation zone debuted at the Spring Lighting Fair, showcasing innovative green lighting products and technologyThe Hall of Aurora at the Spring Lighting Fair featured innovative lighting products and technology from some 180 renowned brandsThe twin lighting fairs have attracted many exhibitors from major international lighting brandsThe Smart Lighting Fair featured group pavilions from Guangdong-Hong Kong-Macao Greater Bay Area, including two new pavilions from Shenzhen and a returning pavilion from ZhongshanThe Asian Lighting Forum took place on 6 April, facilitating the lighting industry to adapt to the latest market standards and illustrate the Environmental, Social, and Governance (ESG) development through case studiesIn the Smart Lighting Solution Forum on 7 April, industry experts presented technological advancements in human-centric lighting and comprehensive intelligent customised lighting application across different scenariosFair websitesSmart Lighting Expo: smartlightingexpo.hktdc.comHong Kong International Lighting Fair (Spring Edition): hklightingfairse.hktdc.comHKTDC Media Centre: https://mediaroom.hktdc.com/enMedia enquiriesPlease contact HKTDC’s Communication & 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.lawuw@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.

2025-04-10

Trading Nations Global Releases Transformative White Paper: Empowering a Quantum-Resilient Future Through Collaboration

ATLANTA, GA, Apr 8, 2025 - (ACN Newswire via SeaPRwire.com) - Today marks a pivotal moment in the evolution of global infrastructure as Trading Nations Global officially releases its highly anticipated white paper: Empowering a Quantum-Resilient Future Through Collaboration. This visionary document lays the foundation for a digitally sovereign, quantum-ready world—one powered by decentralized cooperation, green technology, and AI-enabled infrastructure.In an age defined by uncertainty and fragmentation, Trading Nations Global is catalyzing a new era of digital diplomacy and sustainable innovation. Through a robust network of ambassadors spanning 16 global regions, the organization is coordinating the rollout of Regional Centers of Excellence (RCoEs)—localized, sovereign cloud hubs designed to secure data, enable AI, and operate autonomously through renewable energy.“We are not just imagining the future—we are actively building it,” said Earl Q. Davis, founder of Trading Nations Global.“This white paper is a call to unite governments, enterprises, and innovators around a shared infrastructure built for resilience, sovereignty, and sustainability.” said Michael E. Kempton, CEO, Trading Nations Global.Key Insights from the White Paper:Quantum-Resilient Infrastructure: RCoEs are fortified with post-quantum cryptography and tamper-proof digital lineage tracking to future-proof global data flows.Sovereign Cloud Ecosystem: Powered by the Vogon Cloud and the Distributed Quantum Ledger Database (DQLDB), this infrastructure allows for secure, low-latency, and borderless collaboration.Sustainability by Design: Each center is energy-autonomous, running on solar, wind, and hydrogen captured from ambient air—marking a shift toward truly off-grid operations.Partnership-Driven Deployment: Co-selling with Managed Service Providers (MSPs) ensures scalable, regionally tailored implementation with shared revenue models.Community-Led Governance: Infrastructure decisions are made locally, preserving cultural integrity, compliance, and trustImpactful Goals:In the next 12 months: Deploy RCoEs in all 16 regions and onboard over 500 organizations to the Vogon Cloud.By year two: Launch federated AI systems and establish Quantum Digital Asset governance.In the long term: Build a global mesh of quantum-sovereign nodes that power a post-silicon digital economy.This white paper presents not only a roadmap but a rallying point for global actors ready to transcend outdated paradigms. The Trading Nations framework balances high-tech resilience with ethical and equitable design principles—offering a scalable alternative to centralized digital monopoliesJoin the MovementTrading Nations Global is actively welcoming new coalition members—governments, technologists, businesses, and citizens—ready to co-create a secure and sustainable digital future.Read the full white paper and become part of the future today: www.tradingnations.cloud/docs/trading-nations-global-white-paper.pdfAbout Trading Nations GlobalTrading Nations Global is a pioneering global association committed to deploying quantum-resilient, community-led infrastructure that powers secure, interoperable, and sustainable digital economies. With a global footprint and an unwavering commitment to digital sovereignty, Trading Nations Global is building the backbone of tomorrow’s trade and governance. For more information, visit www.tradingnations.cloud/.Media Contact:AmplifiX / PlatodataBryan FeinbergZephyr@platodata.io  Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-10

3rd ASEAN Procurement Innovation Summit & Awards 2025 – The Next Frontier in Procurement Excellence

KUALA LUMPUR, Apr 9, 2025 - (ACN Newswire via SeaPRwire.com) - The 3rd ASEAN Procurement Innovation Summit & Awards (APIS) 2025 is set to redefine the future of procurement by bringing together industry leaders, policymakers, and innovators to tackle the most pressing challenges and opportunities shaping the procurement landscape. Taking place on June 17-18, 2025, in Kuala Lumpur, Malaysia, this premier event will explore how procurement can drive innovation, sustainability, and digital transformation in an era of global disruptions and economic uncertainty.Procurement today is not just about cost control—it’s about strategic value creation, resilience, and technological innovation. As ASEAN economies push toward greater transparency, accountability, and efficiency, APIS 2025 will address how procurement can lead the way in reshaping supply chains, achieving ESG goals, and leveraging digital tools to enhance decision-making.Key Themes Include:Digital Procurement & AI: The role of AI, blockchain, and automation in transforming procurement processes.Supply Chain Resilience: Strategies for mitigating risks amid geopolitical and economic uncertainty.Sustainable & ESG-Driven Procurement: How to integrate ESG without compromising profitability.Future of Procurement Talent: Developing leadership and digital skills for the next-generation workforce.Procurement Intelligence & Value Creation: Leveraging data-driven insights for smarter procurement decisions.Technology & Governance: Ensuring accountability while adopting cutting-edge procurement technologies.Why Attend?APIS 2025 is more than just a conference—it’s a hub for procurement leaders to connect, collaborate, and shape the future. Attendees will benefit from:Exclusive Networking: Meet 50+ top procurement professionals, innovators, and decision-makers.Actionable Strategies: Gain insights into procurement best practices that can be implemented immediately.Thought Leadership: Learn from an esteemed lineup of keynote speakers driving procurement transformation.Future-Focused Discussions: Discover the latest trends, technologies, and strategies shaping procurement.Keynote SpeakersAPIS 2025 will feature an exceptional lineup of speakers, including:Dr. Christina Ooi – Former Chief Procurement Officer, APAC, Procurement ExpertLuke Kenny – CEO, Local Government ProcurementJonathan Cheung – General Manager APAC, The Chartered Institute of Procurement & Supply (CIPS)Gordon Donovan – Vice President Research, Procurement & External Workforce, SAPMathew Baldwin – Partner, Digital Economy, AshurstJuan Ignacio D’Altri – Advisor, Saudi AramcoSessions & DiscussionsAPIS 2025 will offer a diverse range of expert-led sessions, covering topics such as AI-powered procurement, supply chain innovation, ESG compliance, and governance in procurement. Each session is designed to equip attendees with practical insights and solutions to transform procurement operations and drive long-term business growth.ConclusionAPIS 2025 is a must-attend event for procurement professionals, industry leaders, and innovators looking to stay ahead in the fast-evolving procurement landscape. Join us in Kuala Lumpur to explore cutting-edge innovations, engage with procurement visionaries, and gain the tools needed to elevate procurement excellence across ASEAN.The ASEAN Procurement Innovation Summit & Awards (APIS) 2025 is organized by CT Event Asia, a leading provider of high-level industry events focused on innovation, procurement, and business transformation. With a mission to foster collaboration and drive impactful conversations, CT Event Asia connects procurement leaders, industry experts, and decision-makers to address the most critical challenges shaping the future of procurement.For more information, please contact:Amina KanteSenior Marketing ManagerCT Event AsiaPhone: +601161888699Email: aminak@cteventasia.com Website: https://www.aseanprocurementsummit.com/requestRegistration: www.aseanprocurementsummit.com/request  Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-10

SinoMab BioScience Limited Breakthrough Phase 1b POC Results for SM17 in Atopic Dermatitis

HONG KONG, Apr 9, 2025 - (ACN Newswire via SeaPRwire.com) - SinoMab BioScience Limited (Stock Code: 3681.HK, “SinoMab” or the “Company”), is pleased to announce our breakthrough topline results from the completed Phase 1b clinical study evaluating SM17, a novel investigational therapy targeting the IL-25 (IL-17E) receptor pathway in moderate to severe atopic dermatitis (AD). SM17 uniquely binds to the co-receptor for IL-25, a key alarmin, and blocks downstream signaling – disrupting the inflammatory cascade driven by IL-25 engagement.SM17 Competitive Advantages:- First AD biologic with dual efficacy --- first and the only AD biologic that could reach both NRS-41 and EASI-752 responder rate over 60%3 simultaneously at end of treatment (EOT), comparing to marketed product.- Faster and deeper itch relief than anti-IL-4/13 agents4--- onset of anti-pruritus effect as early as Week 2 (SM17) vs Week 4~6 (other agents), over 90% of patients achieved NRS-4 (SM17) vs 30~40% of patients (other agents) at EOT.-  Safer than JAK inhibitors5 --- No serious adverse events (SAEs) nor drug related Grade 3 or above adverse events (AEs) reported, minimum risk of serious infections or major adverse cardiovascular events (MACE).1 NRS-4: a peak pruritus numeric rating scale (PP-NRS) weekly mean score with a ≥4-point reduction from baseline2 EASI-75: ≥75% reduction from baseline in Eczema Area and Severity Index (EASI) score3 SM17 ph1b NRS-4 responder rate:91.7%, EASI-75 responder rate 75.0%4 Dupixent@ Prescribing information, SOLO-1 & SOLO-2 studies5 RINVOQ@ Prescribing information, Measure Up 1 & Measure Up 2 studiesThis Phase1b study, which evaluated two doses level of SM17 (200mg and 600mg, respectively), met its primary endpoints manifested as the safety profiles in patients with moderate-to-severe AD by demonstrating that SM17 was well-tolerated with no serious adverse event (SAE) or treatment-related adverse events (TRAEs) with grade 3 or above. In terms of efficacy, this study met all the secondary endpoints assessing pruritus, skin healing and AD patients’ quality of life by demonstrating remarkable differences between SM17 treatment groups and placebo group.This study was a 16-week, randomized, placebo-controlled, double-blind study to assess the tolerability, safety and efficacy of SM17 monotherapy in 32 adults with moderate-to-severe AD, most of whom were previously inadequate responder to topical corticosteroids (TCS). Patients with a history of biologic (Dupilumab) or systemic Janus kinase (JAK) inhibitor medication (Upadacitinib) were also enrolled in the study.At week 12, 75.0% of patients(9 /12) in the higher dose group achieved ≥75% reduction from baseline in EASI-75, vs. 0.0% of patients in the placebo group, with difference of responder rate as 75.0%(95% CI:32.00~91.11). In the lower dose group, 50.0% of patients (6/12) achieved EASI-75, a 50.0% difference vs. placebo (95%CI:9.27~74.62).In the higher dose group, 41.7% of patients (5/12) achieved a validated Investigator's Global Assessment for Atopic Dermatitis (vIGA-AD™) score of 0 (clear) or 1 (almost clear) with a ≥2-point reduction from baseline (vIGA-AD 0/1) at week 12, representing a 41.7% difference vs. placebo (95%CI: 2.28~68.05). In the lower dose group, 25.0% of patients (3/12) achieved this endpoint, a 25.0% difference vs. placebo (95%CI: -11.22~53.23).It is particularly noteworthy that 91.7% of patients (11/12) in the higher dose group achieved a peak pruritus numeric rating scale (PP-NRS) weekly mean score with a ≥4-point reduction from baseline (NRS-4) at week 12, vs. 0.0% of patients in the placebo group. Even in the lower dose group, 66.7% of patients (8/12) achieved this endpoint, remarkably different to that of the placebo group.With regard to the onset of action, SM17 showed obvious anti-pruritus effect as early as week 2 after the initial dose, in either the higher or the lower dose group. The altitude of improvement in pruritus for SM17 treatment groups increased alongside with dosing and reached a mean level of 68% and 57% reduction from baseline in PP-NRS score at week 12, for higher and lower dose groups, respectively, vs. 18% for placebo group. Improvement in pruritus was also maintained for both SM17 treatment groups until week 16, which was 6 weeks away from last dosing (week 10). Improvement in skin healing showed similar trends, with a mean level of 73% and 57% reduction from baseline in EASI score at week 12 for the 2 treatment groups,vs. a mean level of 42% reduction from baseline in placebo group.In addition, this Phase 1b study also met the endpoint of EASI 50 and EASI 90 at week 12, as well as superior improvement comparing to placebo in other skin healing measures as SCORAD and AD body surface area (BSA), or patients’ life quality questionnaire - Dermatology Life Quality Index (DLQI).Major efficacy endpoints results were summarized in the table below.EndpointsSM17 Higher dose (N=12)SM17 Lower dose (N=12)Placebo (N=12)EASI 50(%)Week1283.366.725.0Week1691.758.325.0EASI 75 (%)Week1275.0500.0Week1641.741.70.0EASI 90 (%)Week1241.716.70.0Week1641.741.70.0IGA 0/1 (%)Week1241.725.00.0Week1633.341.70.0NRS-4 (%)Week1291.766.70.0Week1675.058.325.0Safety findings were generally consistent with the safety profile of SM17 previously observed in US Phase 1 and China Phase 1a bridging study. The most frequent TEAEs (≥10%) in SM17 groups were nasopharyngitis and urinary tract infection,with the overall incidence rate difference between the treatment group and the placebo group being less than 5%.Dr. Shui On LEUNG, Executive Director, Chairman and Chief Executive Officer of SinoMab, said, "SM17 has the potential to become a first- and best-in-class therapy for atopic dermatitis (AD), a market where a single transformative therapy can achieve multibillion-dollar (US) annual revenue. Pruritus is the primary concern for most of the patients with moderate-to-severe AD,and scratching behavior triggered by itch is likely the key driving factor in recurrent chronic inflammatory cycle in AD. With a favorable safety profile and skin clearance comparable to the most effective existing therapies, SM17 also delivers exceptional efficacy in itch relief – the most critical unmet need for patients.  By addressing these key gaps in current treatment options, SM17 is positioned to redefine the standard of care for this debilitating condition. We are accelerating our clinical programs and actively pursuing partnerships to maximize its global impact. Next, we anticipate initiating Phase 2 trials in adults with moderate-to-severe AD. Notably, preclinical studies have shown promising results for SM17 in treating other Type 2 allergic diseases such as asthma, Chronic Rhinosinusitis with Nasal Polyps (CRSwNP) and idiopathic pulmonary fibrosis (IPF). These findings suggest that SM17 could become a versatile therapeutic for a range of Th2-driven diseases, extending its potential beyond AD as a first- and best-in-class option."About Atopic Dermatitis MarketAtopic dermatitis (AD) is a chronic inflammatory skin disease with a complex pathogenesis involving genetic predisposition, skin barrier dysfunction, immune system dysregulation, and environmental factors. The immunological characteristics of AD are dominated by the Th2 axis, involving mediators such as TSLP, IL-4, IL-13, IL-5, IL-33, IL-31, OX40, and the JAK/STAT signaling pathway. AD typically begins in infancy, with about 50% of patients developing symptoms before the age of one. The disease follows a chronic and relapsing course.Epidemiological studies indicate that there are at least 230 million AD patients worldwide, with China having a substantial patient population exceeding 70 million, of which moderate-to-severe cases account for approximately 28%. In comparison, the U.S. has an estimated 16.5 million adult AD patients, with moderate-to-severe cases making up around 40%.According to Precedence Research, the global AD drug market was value at 13.62 billion in 2023 and is projected to reach 13.62 billion in 2023 and is projected to reach 31.44 billion by 2034. Current treatment options vary in efficacy and include topical medications (e.g., corticosteroids [TCS], calcineurin inhibitors [TCI]), oral antihistamines, and biologics, each with its own advantages and limitations.While conventional therapies like TCS, TCI, and oral antihistamines remain standard treatments, biologics such as dupilumab have significantly improved patients' quality of life. However, limitations such as slow onset, insufficient itch relief, and long-term safety concerns leave many patients' needs unmet. Another drug, the JAK inhibitor upadacitinib, faces safety-related challenges. In 2024, dupilumab's global sales surpassed $14 billion, highlighting the immense potential of the AD market and driving pharmaceutical companies to accelerate the development of differentiated therapies. Currently, competition in the AD field is primarily focused on target innovation: Among the top 10 AD clinical targets in China and globally, seven overlap, with IL-4Rα and JAK1 being the top two. In terms of clinical phases, only 14% of China's AD trials are in Phase 3 or later, compared to 23% globally (excluding Phase 2/3 trials), indicating that China's strategy remains largely fast-follow. Moreover, China's target landscape is more concentrated, with the top three targets (IL-4Rα, JAK1, and PDE4) accounting for 46% of clinical trials, whereas global AD clinical targets are more evenly distributed.About SM17SM17 is a novel, First-in-Class (FIC), humanized, IgG4-κ monoclonal antibody, which is a global first in-class monoclonal antibody drug targeting IL-25 receptor with the potential for treating AD, asthma, idiopathic pulmonary fibrosis and other immunological disorders. SM17 could suppress Type 2 helper T (Th2) immune responses by binding to IL-25 receptor (also known as IL-17RB) on Type 2 Innate Lymphoid cells (ILC2s) and Th2 cells, to block a cascade of responses induced by IL-25 and suppress the release of the downstream Th2 cytokines such as IL-4, IL-9 and IL-13. IL-25 is a critical cytokine classified as ‘‘alarmin’’, which has shown to be implicated in the pathogenesis of autoimmune and inflammatory skin diseases, especially in AD. Current approved therapies for AD, including biologics, can significantly improve eczema area and severity index (EASI) and patient’s quality of life, but they either are slow in response, especially in anti-pruritic effect, or have safety concerns. With the novel mechanism of action, SM17 hopefully will become a new and probably better treatment option for AD, which is fast in anti-pruritic response, effective in skin healing and safe, addressing the unmet medical needs not covered by current treatment modalities.About Differences in Targeting the Receptor (IL-25R) vs the Ligand (IL-25)Using AD as a model, stimulated skin will continuously release IL-25, and neutralizing IL-25 with antibodies does not instantly impart relief. SM17 uniquely blocks one of the IL-25 receptor subunits (IL-17RB) in a non-competitive manner. We have in-house data supporting that SM17 can block receptor signal transduction without affecting IL-25 engagement with the receptor, so SM17 can provide fast anti-pruritic and anti-inflammatory effects arising from IL-25/IL-25 receptor interactions.Additionally, the number of receptors on cell surface is limited, and if sufficient antibodies against the receptor are added and all receptors blocked, therapeutic response will persist regardless of the amount of IL-25 released. This is the case for SM17, which blocks the limited number of receptors on cell surface. Once fully occupied, it stops the signaling regardless of IL-25 levels. This allows a fast, long-lasting inhibition and avoids high-dose requirements.Contrarily, antibodies targeting IL-25 must neutralize the ligand directly, while AD skin continuously releases IL-25 such that anti-IL-25 therapies require high doses to “mop-up” all newly released IL-25. This delays itch and inflammation relief.About SinoMab BioScience LimitedSinoMab BioScience Limited is dedicated to the research, development, manufacturing and commercialization of therapeutics for the treatment of immunological diseases. SinoMab is headquartered in Hong Kong with its R&D base in Hong Kong and production base in mainland China. The Company's flagship product Suciraslimab (SM03) is a potential global first-in-class mAb against CD22 for the treatment of rheumatoid arthritis (RA) and other immunological diseases. SM03 (Suciraslimab) has completed the Phase 3 clinical trial for RA in China and is pending NMPA’s marketing approval for RA in China. In addition, the Company possesses other potential first-in-class drug candidates, some of which are already in clinical stage, with their indications covering rheumatoid arthritis (RA), Sjogren’s syndrome (SS), systemic lupus erythematosus (SLE), atopic dermatitis (AD), idiopathic pulmonary fibrosis (IPF), asthma, and other diseases with major unmet clinical needs.Media enquiriesStrategic Financial Relations LimitedVeron Ng  Tel: +852 2864 4831Phoenix Fung  Tel: +852 2114 4939Shannon Lei  Tel: +852 2114 2881Will Cheng  Tel: +852 2864 4894Email: sprg_sinomab@sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-10

Transform Your Social Media Profile into a Sales Catalog with GoDaddy’s Show in Bio Tool

SINGAPORE, Apr 10, 2025 - (ACN Newswire via SeaPRwire.com) - How a small business presents and sells its offerings can be the difference between success and failure. GoDaddy has launched Show in Bio to help small businesses increase sales and stand out on social media.This affordable tool offers flexibility for small business owners not yet ready to build a website, enabling them to showcase their products or services on social media channels, including Instagram, TikTok, Facebook, X, Pinterest and LinkedIn, and interact with customers through channels like WhatsApp to close sales. Using artificial intelligence (AI) to quickly draft product information, such as name, description, and price, and create a personalized one-page sales catalogue in minutes, no technical skills are required to use the tool.Entrepreneurs who run their business on social media are more confident using AIResearch from GoDaddy’s 2025 Global Entrepreneurship Survey found over one in four (28%) of small business owners globally primarily run their business on social media. This shift in small business ownership to social-first entrepreneurs heightens the importance of how a small business sells online.  GoDaddy’s research has found these social-first entrepreneurs are younger, more optimistic about business performance and more confident in their ability to leverage AI for their business. This trend reveals not only the growth potential of social-first businesses, but also how technology – specifically AI – is a key enabler to innovate, scale and thrive.Start a business on social media with low spend and without the need to build a websiteShow in Bio allows entrepreneurs to start a business quickly with low spend, even validating a business idea before launching it. While perfect for small business owners who may not have yet built a website, the tool also supports domain integration, allowing those with an established online presence to use their own domain for a seamless branded experience.Key features and benefits include:Centralize Your Links – Put all your important content in one shareable link.Drive Engagement – Drive traffic to key offers and updates instantly by sharing your link in bio on social channels.Showcase Products – Create a captivating catalogue with images and videos directly on your page.Domain Integration – Use your own domain for a seamless and branded experience.Save Time with AI – Generate quality product information and profile bios fast, no tech skills required.“We’re supporting entrepreneurs to start their online business wherever it makes the most sense for them – including on social media,” said Selina Bieber, Vice President of International Markets at GoDaddy. “The rise of social media in the last 20-plus years has captured a significant share of internet activity, but it hasn’t diminished the need for businesses to have their own brand and their own identity.“Show in Bio is an enhanced link in bio solution built to support small businesses run on social media, directly addressing challenges such as driving traffic, lack of technical skills and setting up a website while simplifying social selling.”About GoDaddy GoDaddy helps millions of entrepreneurs globally start and scale their businesses. People come to GoDaddy to name their idea, build a website and logo, sell their products and services, and accept payments. GoDaddy Airo®, the company’s AI-powered experience, makes growing a small business faster and easier by helping them to get their idea online in minutes, drive traffic and boost sales. GoDaddy’s expert guides are available 24/7 to provide assistance. To learn more about the company, visit www.GoDaddy.com.Issued on behalf of GoDaddy.For more information, contact:Fekra Communicationsinfo@fekracomms.com Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-10

Discover the Perfect Diamond for Your Love Story with ALUXE

SINGAPORE, Apr 8, 2025 - (ACN Newswire via SeaPRwire.com) - When it comes to symbolising eternal love, nothing captures the essence better than a diamond. ALUXE, Taiwan’s leading diamond and wedding jewellery brand, now brings its legacy of excellence to Singapore, offering an exquisite collection of certified diamonds at competitive prices.Instant Diamond SelectionFinding the perfect diamond has never been easier with ALUXE’s real-time selection of over 30,000 diamonds. Seamlessly integrated with global suppliers, every diamond is displayed with flawless brilliance details and a 360° high-resolution viewing experience. Customers can choose from a wide range of ready-to-go options or secure pre-orders with guaranteed delivery within two months.Competitive Pricing Without CompromiseALUXE eliminates unnecessary mark-ups by sourcing diamonds directly from the world’s top cutters. As one of Taiwan’s largest diamond importers, ALUXE ensures customers receive the highest quality at the best possible price, making premium diamonds more accessible than ever.Certified Excellence for Complete Peace of MindEvery ALUXE diamond comes with internationally recognised certification. Natural diamonds are graded by GIA, the gold standard in diamond evaluation, while lab-grown diamonds are certified by IGI. Additionally, the exclusive ALUXE Ultimate Diamond Report provides advanced scientific analysis of a diamond’s brilliance, ensuring only the finest stones make it to the collection.Fancy Cuts & Rare Colours for Distinctive EleganceBeyond classic round diamonds, ALUXE offers a stunning selection of fancy-cut and rare coloured diamonds, including pink, yellow, and blue hues, allowing customers to express their unique style.ROSÉ My Love – The Pink Diamond CollectionPink diamonds symbolise passion and rarity. ALUXE’s ROSÉ My Love collection features exquisite lab-grown pink diamonds, making this coveted gem more accessible. Ideal for engagements, anniversaries, or meaningful gifts, these diamonds capture the essence of romance.Lovers Collection – The Blue Diamond Wedding RingsBlue diamonds represent purity and everlasting love. The Lovers Collection showcases these rare gems in elegant wedding bands, complemented by platinum settings and inner sapphire accents, offering a timeless symbol of commitment.With decades of expertise, ALUXE is committed to helping couples find the perfect expression of love through meticulously crafted jewellery. Visit ALUXE in Singapore or explore our collection online to discover diamonds that make every love story shine.Discover more at www.aluxe.com/sg-en/About ALUXEALUXE is the first jewellery brand in Taiwan, embodying the perfect combination of happiness and jewellery. Starting as an online retailer, ALUXE's high-quality products and competitive prices gradually garnered more attention, which led to the opening of its first physical store in 2008 to offer even better products and services to customers around the world. ALUXE is currently present in Taiwan and Hong Kong, with Singapore’s flagship store located at ION Orchard and two other doors at the heartland areas.For more information, visit https://www.aluxe.com/sg-en/ FB: https://www.facebook.com/aluxe.sgIG: https://www.instagram.com/aluxe_sg/ALUXE LOCATIONSION Orchard2 Orchard Turn, ION Orchard #B2-63, Singapore 238801Tel: +65 6015 0798Opening Hours: 10:00 - 21:30JEM50 Jurong Gateway Road, JEM #01-55, Singapore 608549Tel: +65 6992 2589Opening Hours: 11:00 - 21:30Tampines 110 Tampines Central 1, Tampines 1 #01-27 & 28, Singapore 529536Tel: +65 6022 1715Opening Hours: 11:00 - 21:30 Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-09

Swiss based Inacta Ventures and The Hashgraph AssociationCo-Host Morocco WEB3FEST GITEX Edition

Marrakech, Morocco, Apr 8, 2025 - (ACN Newswire via SeaPRwire.com) -  Morocco WEB3FEST GITEX Edition, a global conference series focused on technology and innovation in AI, Blockchain, and sustainability, organized by InactaVentures and co-hosted by The Hashgraph Association, being carried out in Marrakech, Morocco from April 14-16, 2025 is set to bring together the world’s foremost Web3 leaders, innovators, and investors at the intersection of technology, finance, and sustainability. Hosted in Marrakech during GITEX Africa, this premier event serves as a critical bridge linking the vibrant ecosystems of Africa, the Middle East, and Europe.With a strong commitment to advancingdecentralized technologies and sustainable innovation, Morocco WEB3FEST GITEX Edition is poised to drive meaningful dialogue and collaboration among industry pioneers, enterprises, and policymakers.What is the WEB3FESTWEB3FEST is a global conference series focused on technology and innovation in AI, Blockchain and Sustainability. It serves as a vibrant hub where companies across the value chain – from agile startups to international corporations – converge to share ideas, build networks, and shape the future of the industry.Kamal Youssefi - President of The Hashgraph Association noted, “We are honored to be co- hosting the WEB3FEST in Morocco during GITEX Africa given that one of the aims of THA is to empower entrepreneurs, enterprises and governments with the technologies and knowhow needed to foray into Web3 while keepingsustainability at the heart of their endeavors. This is why Hedera network, considered one of the most sustainable in the world, is at the center of our conversations.”Ralf Glabischnig – Founder of Inacta Ventures, added, "Switzerland has always been a hub for Blockchaininnovation, and our Layer 1 technology is solving real-world challenges in developing countries. With Morocco as the perfect gateway to Africa, we are connecting European expertise with Africa’s immense potential for Blockchain adoption."Event Highlights:The Green Block TalksApril 14, 2025Sofitel Marrakech Palais ImperialA high-impact evening bringing together thought leaders and industry experts to discuss the role of AI and Web3 in driving sustainability. Featuring insightful panels, networking opportunities, and meaningful discussions.Featured Speakers:Ian Putter – Head of Blockchain COE, Standard BankTom Rieder – Director Marketplace, The Green BlockAbdelaziz Benyahya – Chief Transformation Officer, AXA MoroccoKamal Youssefi – President of The Board, The Hashgraph AssociationRalf Glabischnig – Founder, Inacta VenturesWEB3 Investor Dinner (Co-hosted by NEO AI)April 15, 2025Private Villa, MarrakechAn exclusive, invitation-only gathering for venture capitalists, fund managers, and private equity professionals.This intimate setting will facilitate high-level discussions on investment opportunities, portfolio strategies, and the evolving digital asset landscape.About the Organizer Inacta VenturesAt the helm of the WEB3 revolution, Inacta Ventures builds ecosystems, ventures, and smart capital strategies.With operations in the thriving Crypto Valley in Switzerland and the Crypto Oasis in the UAE, Inacta empowers over 100 portfolio companies and enterprises to scale groundbreaking WEB3 solutions.About the Co-Host The Hashgraph AssociationThe Hashgraph Association, a Swiss non-profit, drives global adoption of Hedera-powered solutions by funding innovation, training, and venture programs. It promotes economic inclusion and a digital future with a positive ESG impact. https://www.hashgraph.swiss/aboutRegistrationReserve your spot now and join the world’s brightest minds to shape the future of WEB3: Register HereFor more details, visit: web3fest.chContact:Fabio SchlafHead of Ecosystem Development Inacta Ventures & Crypto Oasis fabio.schlaf@inactaventures.com Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-09

Intelligent Joy Limited Signs MOU with Smart IR and CLS Press to Collaborate on AI-Driven Investor Relations Platform

HONG KONG, Apr 9, 2025 - (ACN Newswire via SeaPRwire.com) -  April 7 2025, Intelligent Group Limited (Nasdaq: INTJ), a Hong Kong based financial public relations company, announces that its wholly owned subsidiary Intelligent Joy Limited (“Intelligent Joy” the “Company”) has entered into a Memorandum of Understanding (“MOU”) with Shanghai CLS Fintech CO., LTD (“CLS Press”), China’s foremost real-time financial news platform, and Smart IR Limited (“Smart IR”). Under the MOU, the three parties will jointly develop and promote the Smart IR Management Platform, a next-generation solution designed to redefine global investor relations management through the integration of artificial intelligence (AI), big data analytics, and cloud computing.The Smart IR Management Platform aims to collaborate with financial PR firms and domestic data analytics companies to create a complete investor relations database. By deploying advanced AI algorithms, the platform analyzes investor behavior patterns, market trends, and sentiment in real time, empowering enterprises to make data-driven decisions and optimize stakeholder engagement.Ms. Wai Lau, Director & Chairlady of the Board of Directors, commented, “The launch of Smart IR is designed to help listed companies stand out in a buyer’s market: It is not merely a tool, but a ‘data-intelligent bridge’ connecting high-quality assets with long-term capital. We believe Smart IR will empower listed companies to craft compelling investment narratives at lower costs and with greater efficiency, ultimately attracting truly aligned long- term partners.”Forward-Looking StatementsThis press release contains forward-looking statements that are based on the management’s current expectations, estimates, and assumptions about future economic conditions, industry performance, company operations, and financial results. These statements are not guarantees of future events or performance and involve a number of risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements due to factors such as changes in economic conditions, market trends, industry developments, and operational factors. There can be no assurance that the expected events or outcomes will occur as anticipated.About Smart IR LimitedSmart IR limited is a technology- and data-driven fintech company committed to advancing financial innovation in Hong Kong, facilitating the commercialization of research achievements, and supporting the global expansion and internationalization of mainland China’s technology-driven enterprises. Its core product, Smart IR, serves as an intelligent communication platform connecting Hong Kong- and U.S.-listed companies (or those planning to list) with investors, particularly institutional investors. By continuously driving fintech advancements, Smart IR delivers smarter and more efficient services to listed companies and investors alike.About Shanghai CLS Fintech CO., LTDShanghai CLS Fintech CO., LTD, supervised and operated by Shanghai United Media Group, is China’s largest financial news group and financial news agency, upholding the journalistic principles of “accuracy, speed, authority, and professionalism”. Its services reach over 150 mainland financial institutions, 5,000+ listed companies, 200 million retail stock investors, and 700 million fund investors, solidifying its role as a critical hub for financial data and market intelligence in China.About Intelligent Group LimitedIntelligent Group Limited has been deeply rooted in Hong Kong for many years and successfully listed on the NASDAQ in March 2024. Intelligent Group Limited is committed to providing high-value public relations services to the financial sector, helping listed companies enhance their brand influence through precise “data + content” driven communications. Through close collaboration with over 100 securities firms and more than 150 financial analysts, the company has focused on driving financial institutions, investors, and businesses with efficient content-driven public relations services. Intelligent Joy operates in Hong Kong, Guangzhou, and Shenzhen, providing top-tier communications services to leading companies in the Hong Kong and U.S. stock markets.For more information, please visit Intelligent Joy’s website: www.intelligentjoy.com.For enquiry, please contact Intelligent Group Limited: Karen DengPhone: (86)13048870338Email: Karen.deng@intelligentjoy.com Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-09

ForexVIM Showcases at Limassol Event, Offering Traders New Edge in XAU/USD Market

DUBAI, Apr 9, 2025 - (ACN Newswire via SeaPRwire.com) - Last week, ForexVIM was officially showcased, drawing interest with its AI-driven approach to pattern recognition in the gold market. Gold trading thrives on understanding patterns and seizing the right moment. ForexVIM enters this arena as an AI-powered tool crafted to spot those patterns, helping traders make sharper, more timely decisions with confidence.The Power of Pattern Recognition in TradingCandlestick charts have long been a go-to for understanding market sentiment, but identifying and interpreting them manually can be time-consuming and prone to oversight. ForexVIM steps in with automated pattern recognition, scanning vast amounts of market data to highlight trade signals that might otherwise be missed. It’s a way to reduce guesswork and sharpen timing.How ForexVIM Enhances Gold TradingBuilt specifically for the gold market (XAU/USD), ForexVIM processes historical and real-time data to detect meaningful trends and emerging setups. Its goal is to help traders align entries and exits with the flow of the market, offering structure in an asset known for volatility.Key Features of ForexVIM- Market Trend Scanning: ForexVIM uses price action and built-in indicators to stay on top of market shifts and trend formations.- Candlestick Pattern Recognition: It identifies formations like Doji patterns, which often signal potential reversals, offering traders extra context to time decisions more effectively.- Integrated Risk Tools: Every trade includes pre-set Stop Loss and Take Profit levels. The system also incorporates a light martingale approach to manage losing positions in a controlled, incremental way.These tools aim to bring together precision and practicality, supporting traders without overcomplicating the process.Where AI Fits InAI plays a core role in ForexVIM’s architecture, not just in speed but in pattern detection and data analysis. Rather than replacing human decision-making, it enhances it, offering another layer of insight that can help traders feel more confident in fast-moving markets.Simple to Use, Backed by SupportForexVIM is designed with accessibility in mind, making it easy to set up and operate for both experienced and beginner traders. A clean interface and responsive customer support round out the experience, making the platform approachable from day one.ForexVIM brings together automated pattern recognition, AI-powered analysis, and a risk-aware structure to support gold trading with greater clarity. For traders looking to improve their timing and decision-making, it’s a practical option built on solid foundations.About ForexVIMForexVIM delivers precision-driven trading solutions, combining expert market insights with high-quality tick data optimization for reliable performance. Built by experienced traders and developers, it ensures accuracy, consistency, and innovation in forex trading strategies. Learn more at https://forexvim.com/.Media ContactBrand: ForexVIMContact: Media teamWebsite: https://forexvim.com/  Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-09

Spiking Joins IBM Z Day: Special Edition 2025 – Major Announcement Unveiling TradeGPT’s Enterprise AI Future

New York, New York--(ACN Newswire via SeaPRwire.com - April 7, 2025) - Spiking, a leader in AI-driven financial technology, is thrilled to participate in IBM Z Day: Special Edition, a landmark virtual conference hosted by IBM on Tuesday, April 8, 2025, from 10:00 AM to 5:00 PM Eastern Time (ET). This complimentary one-day event invites technology enthusiasts, industry leaders, and innovators worldwide to witness the next era of enterprise computing and artificial intelligence, spotlighting Spiking's TradeGPT as a transformative force in capital markets.Event HighlightsGroundbreaking Keynote Announcement: At 10:00 AM ET, a live broadcast from New York City will unveil a major advancement in enterprise technology, including a new AI chip that Spiking's TradeGPT will leverage for unparalleled performance.Specialized Technical Tracks: Attendees can explore three cutting-edge tracks:IBM zNext: Discover the latest IBM mainframe, boasting up to 8x on-chip AI processors per core, enabling TradeGPT's unmatched scale, speed, and security.AI & Data: Learn how Spiking integrates advanced AI into mission-critical financial workloads without additional infrastructure.App Dev & IT Ops: See how AI-driven automation boosts productivity and efficiency, a cornerstone of Spiking's development strategy.Curated Experiential Journeys: Customize your experience with three paths:Security: Explore post-quantum encryption, critical for safeguarding TradeGPT's real-time financial insights.New to Z: Gain foundational knowledge about IBM Z, powering Spiking's enterprise ambitions.Developer: Dive into technical sessions tailored for developers enhancing platforms like TradeGPT.Earn Digital Credentials: Participants can earn up to four prestigious IBM digital skills badges, enhancing professional expertise.Dr. Clemen Chiang, CEO of Spiking, stated, "IBM Z Day: Special Edition is a defining moment for enterprise innovation, and we're proud to be at its forefront. Our LLM-based TradeGPT will harness the new AI chip unveiled on April 8, 2025, delivering unmatched speed and intelligence for real-time capital market decisions. This, alongside other surprises, positions Spiking to reshape how businesses leverage AI." Chiang's vision reflects Spiking's leadership in driving AI-powered transformation.Adam LG Ring, Global Head of the IBM Z Startup Community and Spiking's advisor, added, "As Spiking scales to volumes rivaling OpenAI, moving to an enterprise-scale solution with world-class security is both logical and essential. The latest IBM Z offerings, unveiled April 8, 2025, are cost-effective at scale-perfect timing for TradeGPT to lead the capital markets." Ring's endorsement highlights the strategic alignment between Spiking's goals and IBM's technology.Through IBM Z Day: Special Edition, Spiking joins IBM to offer a dynamic platform for connecting with global thought leaders, uncovering industry-defining trends, and showcasing innovations in AI, hybrid cloud, and post-quantum security. Tailored for all skill levels, this event is a must-attend for finance and tech professionals alike.Registration & AgendaRegister Now: Reserve your spot at https://ibm.biz/specialzday1Full Agenda: Explore the complete lineup of sessions and speakers at http://ibm.biz/agendazdayse2025Join Spiking and IBM on April 8, 2025, for a day of innovation, education, and networking as we unveil the future of enterprise computing and AI in capital markets.Media ContactNicole YeeMedia RelationsEmail: info@spiking.comPhone: 1-570-SPIKINGNote: All times are in Eastern Time (ET). Please adjust for your local time zone.About SpikingSpiking is a trailblazer in AI-driven financial technology, empowering businesses and investors with real-time, intelligent solutions for capital markets. Through its flagship product, TradeGPT, Spiking leverages cutting-edge AI to deliver unmatched performance and insights.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247585 Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-08

FOURTH PARADIGM ANNOUNCES 2024 ANNUAL RESULTS

Financial Highlights:- In 2024, the total revenue amounted to RMB5,261 million, representing a YoY increase of 25.1%  - The revenue of the 4Paradigm Sage AI Platform (the “Sage AI Platform”) business grew by 46.7% YoY to RMB3,676 million, accounting for 69.9% of the total revenue - The SHIFT Intelligent Solutions business recorded revenue of RMB1,022 million, accounting for 19.4% of the total revenue  - The revenue of the 4Paradigm SageGPT AIGS Services segment amounted to RMB563 million, accounting for 10.7% of the total revenue- Gross profit was RMB2,245 million, with a gross profit margin of 42.7%- The total R&D expenses reached RMB2,170 million, accounting for 41.2% of revenue- The annual loss attributable to the owners of the Company was RMB269 million, with a reduction of RMB640 million compared to the full year of 2023, narrowing by 70.4% YoY. This marks the fourth consecutive fiscal year of sequential loss reduction since 2021Operation Highlights:- In 2024, the number of lighthouse users served by the Company reached 161, a YoY increase of 16%. The average revenue per lighthouse user was RMB19 million, with a Net Dollar Expansion Rate (NDER) of 110% for lighthouse users in 2024- 4ParadigmSage: During the Reporting Period, the Company launched the vertical world model development and management platform, Sage AI Platform 5.0, and completed multiple minor version upgrades, achieving end-to-end capabilities across the computing layer, platform layer, model layer, and application layer- 4Paradigm SHIFT: During the Reporting Period, the Company launched multiple solutions targeting various application scenarios and continued to update and iterate the functionalities and effectiveness of existing solutions to meet enterprise requirements for accuracy, reliability, and real-time performance in different vertical scenarios- 4Paradigm AIGS: During the Reporting Period, the Company continued to upgrade and optimize the functionality and application performance of products, such as the enterprise software reconfiguration assistant AIGS Builder and the enterprise programming assistant AIGS CodeX, creating an enterprise-level “development assistant” that understands customers, businesses, knowledge and R&D, while enabling fast coding capabilitiesHONG KONG, Apr 1, 2025 - (ACN Newswire via SeaPRwire.com) - A leading enterprise AI software company - Beijing Fourth Paradigm Technology Co., Ltd. (“Fourth Paradigm” or the “Company”, Stock Code: 6682.HK) today announced the consolidated annual results for the year ended December 31, 2024 (the “Reporting Period”).In 2024, Fourth Paradigm achieved strong growth in its overall business. The Company’s total revenue reached RMB5,261 million, representing a YoY increase of 25.1%. Gross profit was RMB2,245 million, with a gross profit margin of 42.7%. The Company highly values technological R&D, and has clear profitability goals. During the Reporting Period, the R&D expenses reached RMB2,170 million, accounting for 41.2% of revenue. The annual loss attributable to the owners of the Company was RMB269 million, with a reduction of RMB640 million compared to the full year of 2023, narrowing by 70.4% YoY. This marks the fourth consecutive fiscal year of sequential loss reduction since 2021.In 2024, Fourth Paradigm committed to creating value for customers, continuously enhancing digital transformation experience for existing customers and increasing user stickiness. During the Reporting Period, the number of lighthouse users served by the Company reached 161, a YoY increase of 16%. The average revenue per lighthouse user was RMB19 million, with a Net Dollar Expansion Rate (NDER) of 110% for lighthouse users in 2024.Benefiting from the surge in AI market demand, the Company’s Sage AI Platform business achieved significant growth, driving steady performance improvement of core business. In March 2024, Fourth Paradigm launched Sage AI Platform 5.0, which integrates vertical world model development and management, enterprise AI agent application suites, GPU resource pooling and other end-to-end capabilities, supporting the large-scale production and application of vertical world models and enterprise AI agents, and continuously driving intelligent transformation and high-quality development across industries.Core business revenue increased by 46.7%, with scaled expansion driving rapid businessAs the core of the Fourth Paradigm’s all businesses, the 4Paradigm Sage AI Platform business achieved significant growth during the Reporting Period, with revenue reaching RMB3,676 million, representing a YoY increase of 46.7% and accounting for 69.9% of total revenue. Scale effects are deepening progressively.In 2024, Fourth Paradigm remained committed to technological innovation, comprehensively enhancing the capabilities of Sage AI Platform. On the basis of end-to-end capabilities across the computing layer, platform layer, model layer, and application layer, Sage AI Platform continued to optimize key capabilities such as AI agent and GPU resource pooling. Among these, AI agent further enhanced its ability to solve complex problems and improve execution accuracy, and developed the enterprise AI agent development platform that covers the entire lifecycle of AI agent design, development, debugging, deployment, operational analysis, and iterative optimization. This empowers enterprise developers to efficiently and scalably build business AI agents with cognitive, decision-making, and execution capabilities – all on demand. As a result, development cycles have been reduced by over 95% in most cases. The GPU resource pooling capability enables enterprises to achieve platform-level management of hardware clusters, on-demand allocation of computing resources, and rapid scheduling, helping to address challenges such as low utilization of heterogeneous computing resources and high costs of adapting large models to computing power. According to the latest report from the internationally authoritative research firm IDC, Fourth Paradigm has maintained its position as the leader in China’s machine learning platform market share for six consecutive years.While scaling its core business, Fourth Paradigm has also made steady progress in its two other major businesses – SHIFT Intelligent Solutions business and 4Paradigm AIGS service business, which provide strong support for the core business – Sage AI Platform, driving efficient growth across the overall business.During the Reporting Period, revenue from SHIFT Intelligent Solutions totaled RMB1,022 million, comprising 19.4% of the total revenue. This business is built on the Sage AI Platform, tailored to different industry business scenarios. These solutions enable Fourth Paradigm’s technology and capabilities to penetrate a wider range of industries and scenarios, addressing critical business challenges for traditional enterprises and driving digital and intelligent transformation across industries. Due to the impact of the business expansion strategy, the revenue from this business decreased by 20.3% YoY while the revenue from Sage AI Platform business achieved 46.7% YoY growth.In addition, the revenue from the 4Paradigm SageGPT AIGS Services business during the Reporting Period reached RMB563 million, accounting for 10.7% of the Company’s total revenue. This business provides efficient development tools and services based on generative AI for the Sage AI Platform business, enabling multi-fold increases in enterprise R&D productivity.“AI agent + Vertical World Model” dual-core architecture builds the AGI foundation, enabling continuous expansion of the business ecosystemIn recent years, the continuous advancement of generative AI technologies has accelerated progress toward Artificial General Intelligence (AGI), a consensus widely recognized across the industry. As an enterprise with over a decade of experience in the AI sector, Fourth Paradigm is committed to empowering industries through its core philosophy of “AI agent + Vertical World Model”, which uses AI agents to understand human needs and leveraging corresponding vertical world models to solve problems, while continuously enhancing their respective capabilities – will ultimately drive the realization of AGI.Over the past year, adhering to the philosophy of “AI agent + Vertical World Model”, Fourth Paradigm has collaborated with numerous industry partners and has successfully implemented hundreds of reliable and controllable enterprise-level AI agent applications, covering scenarios such as financial credit risk control, water and electricity equipment maintenance, hydrological data monitoring, chronic disease management, intelligent course learning, automotive manufacturing MES system management, fluid dynamics design, intelligent after-sales customer service and academic administration assistant, comprehensively driving the intelligent transformation for enterprises.At the same time, Fourth Paradigm, in collaboration with partners, has released several out-of-the-box user-level agent solutions, such as intelligent meeting solutions, intelligent mouse solutions, and desktop AI search tools. These solutions cover AI agent capabilities such as simultaneous interpretation, one-click translation, robotic assistants, AI writing, and intelligent cross-platform search, helping enterprise business personnel achieve a leap in daily work efficiency.In addition, since the advent of DeepSeek, the inference and deployment costs of large models have significantly decreased, catalyzing market demand across large model implementation, integrated solutions deployment, and on-device AI applications. Fourth Paradigm has rapidly iterated its technical capabilities and product adaptations to deliver high-value solutions addressing these market needs.In terms of integrated solutions, Fourth Paradigm launched the out-of-the-box SageOne IA large model inference integrated solution, which enables seamless switching between the full-capacity model and multiple distilled models while supporting mainstream large models. This increases GPU utilization by over 30% and improves inference performance by an average of 5-10 times. Furthermore, SageOne IA comes with a rich suite of AI applications, helping developers efficiently create enterprise-level generative AI applications.For on-device AI, Fourth Paradigm launched the ModelHub AIoT on-device inference solution. This solution allows users to easily deploy small-sized distilled models such as DeepSeek R1, Qwen 2.5, and Llama 2/3 series on on-device devices for offline operation. It also balances model compression and inference performance while addressing the complexities of deployment and optimization. In addition, the Company has further expanded these capabilities into the consumer electronics sector, delivering AI Agent solutions that integrate hardware and software. That empowers consumer electronics manufacturers to launch AI-enabled terminal products that resonate with their users.In terms of Strategic Outlooks, Dr. Dai Wenyuan, Chairman of the Board, Executive Director, Chief Executive Officer and General Manager of Beijing Fourth Paradigm Technology Co., Ltd. said, “In recent years, generative AI has gained widespread recognition globally. As an AI technology service provider with over a decade of experience in the enterprise service sector, we have a deeper and more accurate understanding of how to organically integrate these rapidly evolving AI technologies to empower our enterprise clients, create tangible business value, and deliver practical efficiency improvements for both enterprises and individuals. This aligns with our ultimate vision that has always guided our business – AI for Everyone. Looking ahead, we will build on our decade-long expertise in the enterprise service sector, look toward the broader AI market, and leverage our AI capabilities to transform all possible business domains. We believe that the convergence of these diverse capabilities will form the cornerstone for achieving AGI.” Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-08

JBM Healthcare Completes Acquisition of 90% Interest in Tin Hee Tong

HONG KONG, Apr 3, 2025 - (ACN Newswire via SeaPRwire.com) - JBM (Healthcare) Limited (“JBM Healthcare”; Stock Code: 2161, together with its subsidiaries, the “Group”), a leading branded healthcare products marketer and distributor in Hong Kong, announced today that it has acquired a 90% stake in Tin Hee Tong Medicine Factory, Limited (“Tin Hee Tong”,), at a total consideration of HK$171.0 million. Tin Hee Tong has now become a non-wholly owned subsidiary of JBM Healthcare.Strengthening the Portfolio with a Trusted Heritage BrandTin Hee Tong’s flagship product, Tin Hee Tong Tin Hee Pills, has a rich legacy and strong brand recognition across Hong Kong and Mainland China, particularly in Guangdong Province. The product is well formulated for regulating the female menstrual cycle, promoting reproductive health, and enhancing blood circulation for a radiant complexion. Tin Hee Tong Tin Hee Pills is a highly trusted brand for gynecological well-being among female consumers. Recognising its distinctive market position and long-term growth potential, the Group sees this acquisition as a valuable strategic fit for its proprietary Chinese medicines portfolio.Unlocking Growth Potential & SynergiesThe acquisition presents a compelling opportunity to expand the Group’s portfolio of proprietary Chinese medicines and accelerate its growth strategy. By integrating this iconic brand into its existing lineup, the Group is well-positioned to capitalise on rising consumer demand for holistic healthcare solutions.To maximise the brand’s potential, the Group plans to launch a comprehensive marketing campaign, leveraging its extensive expertise in brand management and revitalisation to boost consumer awareness and engagement. Additionally, the Group will expand distribution networks to capitalise on new market opportunities and customer segments. By combining the complementary strengths of both businesses, the acquisition is expected to generate significant synergies, reinforcing the Group’s strategy of acquiring assets that align with its long-term vision and create shareholders’ value.Proven Track Record in Brand RevitalisationThe Group has a proven track record of revitalising heritage proprietary medicines brands, effectively transforming legacy products into prominent market players. Its portfolio includes iconic brands such as Po Chai Pills — a market leader in proprietary Chinese gastrointestinal medicines, Ho Chai Kung — a widely recognised household name in the OTC pain killer category, and Flying Eagle Woodlok Oil — a rejuvenated brand in the traditional Chinese medicated oil sector, driven by creative advertising that blends Hong Kong nostalgia with broad consumer appeal.Through strategic brand revitalisation, omni-channel expansion, and digitally driven consumer engagement strategies, the Group has successfully transformed heritage brands into contemporary wellness solutions that resonate with both loyal customers and the younger,  generations. With Tin Hee Tong Tin Hee Pills, JBM Healthcare is set to reinvigorate this trusted brand and expand its market presence.Mr. Patrick Wong, Chief Executive Officer of JBM Healthcare said, “The acquisition of Tin Hee Tong represents a pivotal step in strengthening our leadership in the proprietary Chinese medicines sector. With its rich heritage and strong recognition, Tin Hee Tong Tin Hee Pills is a highly complementary addition to our portfolio. Drawing on our proven brand revitalisation expertise, we are confident in unlocking its full growth potential and delivering long-term value to our shareholders.”About JBM (Healthcare) Limited; Stock Code: 2161)JBM Healthcare is a Hong Kong-based company that markets and distributes branded healthcare products across Greater China, Southeast Asia, and other select countries. The Group is a distinctive player in the sector with marketing expertise and heritage in pharmaceuticals that prioritises product efficacy and quality to meet consumers' healthcare needs. As a renowned healthcare brand operator in Hong Kong, the Group carries a wide-ranging portfolio of branded healthcare products comprising branded medicines, proprietary Chinese medicines, and health and wellness products, which include well-recognised household brands such as Po Chai Pills , Ho Chai Kung Tji Thung San , Tin Hee Tong Tin Hee Pills , Flying Eagle Woodlok Oil , Tong Tai Chung Woodlok Oil , Shiling Oil , Konsodona Medicated Oil , Contractubex  and Mederma for Kids . JBM Healthcare has been a constituent stock of the MSCI Hong Kong Micro Cap Index since 27 May 2021. For more details about JBM Healthcare, please visit: www.jbmhealthcare.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-08

Quam Greater China Magnificent 7 Makes a Stunning Debut: Don’t Miss the Next Wave of China Investment Opportunities

HONG KONG, Apr 1, 2025 - (ACN Newswire via SeaPRwire.com) - Amid a rapidly shifting global economic landscape, Chinese technology companies are emerging as dazzling stars on the international stage, driven by their innovative prowess and vast market potential. Quamnet has curated the “Quam Greater China Magnificent 7,” a selection aimed at identifying the most promising tech leaders in the Greater China region, unlocking new avenues for long-term wealth creation. These seven meticulously chosen tech giants not only dominate their respective fields but are also riding a powerful wave of technological breakthroughs, market expansion, and favorable policy support, signaling robust upward momentum. The rise of the “Quam Greater China Magnificent 7” is poised to inject a shot of confidence into the market, heralding the dawn of a new era for Chinese tech investments.  “Quam Greater China Magnificent 7” Unveiled: A Powerhouse Lineup  The “Quam Greater China Magnificent 7” comprises Alibaba (9988), Tencent Holdings (0700), Meituan (3690), Xiaomi Group (1810), BYD Company (1211), Pinduoduo (PDD.US), and TSMC (TSM.US). These seven titans, with their commanding positions in key industries and relentless pursuit of cutting-edge technology, stand as top-tier representatives of the Greater China and broader Asian tech landscape, while also wielding significant influence on the global stage.  Outshining the U.S. Magnificent 7: Unique Strengths Take the Lead  Compared to the globally renowned U.S. Magnificent 7, the “Quam Greater China Magnificent 7” showcases an undeniable and distinctive appeal. First, attractive valuations are a core highlight. In contrast to their American counterparts, Chinese tech stocks often trade at lower price-to-earnings ratios, offering investors a rare opportunity to enter at a discount. Second, these companies are deeply rooted in China—the world’s most dynamic developing economy—reaping the dual benefits of rapid economic growth and rising consumer spending, with growth potential far exceeding that of their peers in mature U.S. markets. Moreover, the “Quam Greater China Magnificent 7” taps directly into the immense opportunities of China’s domestic market, fueled by rapid urbanization, an expanding middle class, and strong government backing for strategic sectors like electric vehicles (EVs) and semiconductors. Investing in this group not only reduces over-reliance on U.S. markets, enhancing portfolio diversification, but also positions investors to capitalize on stabilizing regulatory conditions in China and a resurgence in global confidence, potentially reaping outsized returns as valuations soar.  The “Quam Greater China Magnificent 7” brings together seven tech behemoths, each demonstrating unmatched market leadership and innovation in their domains, shining as guiding lights for the future. Alibaba, bolstered by the formidable support of Ant Group, reigns supreme in e-commerce, cloud computing, and digital payments, its influence unrivaled. The recent launch of its latest AI model, “Qwen 2.5,” underscores its technological ambition, signaling a bold push into artificial intelligence that promises to drive future growth. Tencent Holdings, anchored by the social media giant WeChat, its dominance in gaming, and deep expertise in fintech, sits firmly atop the industry throne. Its newly unveiled Hunyuan T1 model, with its high-efficiency, low-cost edge, stakes a claim in the AI race, showcasing Tencent’s formidable competitive strength.  Meituan, the king of local services, holds an unassailable lead in food delivery and online travel, its user-centric service model setting the industry standard. Even more striking are its breakthroughs in drone technology and the “Wow AI” application, opening up entirely new growth frontiers. Xiaomi Group, advancing on dual fronts in consumer electronics and EVs, leverages its HyperOS system and autonomous driving technology to pioneer the smart era, its cross-sector innovation turning heads.  BYD Company, a global leader in EVs and batteries, has long set the benchmark in the renewable energy space. Its DiPilot intelligent driving system seamlessly blends electrification with smart technology, ushering in a new chapter for the auto industry. Pinduoduo, a rising star in social e-commerce, has surged ahead with AI-driven supply chain optimization and personalized recommendations, redefining cost-effective consumption and rewriting the e-commerce playbook with its unique business model. Meanwhile, TSMC, the titan of semiconductor foundry services, posted revenues exceeding $90 billion in 2024, capitalizing on surging demand for AI chips to push its market dominance to new heights, cementing its role as an indispensable force in the global tech ecosystem.  These seven giants not only stand tall in competitive markets but also lead industry trends with relentless innovation, unlocking boundless potential for the “Quam Greater China Magnificent 7” investment thesis.  Growth Engines in Full Throttle: Limitless Potential Unleashed  From steady core business expansion to ambitious multinational forays into emerging markets, these seven companies exhibit multidimensional growth prospects. Alibaba and Tencent are accelerating their cloud computing ambitions, Meituan is advancing drone delivery, while Xiaomi and BYD flex their muscles in the EV arena. At the same time, their leadership in AI and semiconductor technologies further solidifies their global competitiveness.  On the policy front, China’s sustained support for EVs and semiconductors provides a robust tailwind for the group. With the mainland economy rebounding, consumer spending recovering, regulatory clarity improving, and geopolitical tensions easing, these seven stocks are primed for a valuation re-rating, promising substantial returns for investors. A Visionary Bet on China’s Economic Rise  As torchbearers of technological progress in Greater China, the “Quam Greater China Magnificent 7” offers investors a prime platform to share in the region’s economic ascent. Whether in market leadership, technological innovation, or growth potential, these seven stand as industry paragons. Quamnet believes that as global attention refocuses on China, the “Quam Greater China Magnificent 7” is set to become the next big investment wave, ushering in a new era of wealth creation for forward-thinking investors.About Quam.net Financial Media LimitedEstablished in 1998, Quamnet is a comprehensive professional financial website that brings together financial information, proprietary research and analytical tools. With a broad range of financial services and providing of comprehensive Hong Kong market news, investment ideas, Hong Kong Investment company news and global market news.For further information, please contact:Venus Kuk, Tel: (852) 2217-2727, Email: Venus.kuk@quamgroup.comCarlos Tam, Tel: (852) 2217-2703, Email: Carlos.tam@quamgroup.com  Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-08

Taiwanese Artist Grace Tan Fuses Ink, Rhythm, and Light to Create a Cross-Cultural Dialogue

TAIPEI, TW, Apr 8, 2025 - (ACN Newswire via SeaPRwire.com) - In a feature recently published by The Icons, Taiwanese artist Grace Tan is recognized for redefining the language of traditional ink art through a contemporary, multi-sensory approach. A master of calligraphy and seal carving, Tan seamlessly blends Eastern aesthetics with Western structures, transforming brush, ink, and rhythm into a vivid cross-cultural dialogue.Rooted in the rich cultural heritage of Taiwan, Grace Tan views art as a universal language - one that speaks beyond technique and form. "Art is the language of the soul," she explains. "Its power lies in whether it can create a resonance - a rhythm that connects deeply with others."Her artistic practice is deeply influenced by music, particularly her study of the pipa, a traditional Chinese instrument. She describes her brushwork as a visual form of music, where ink density, stroke pressure, and spatial pauses mirror tempo, pitch, and silence in a musical composition. Her compositions are at once lyrical and structured, poetic yet dynamic.Through innovative techniques such as layering, geometry, and the use of lightboxes, Tan creates an immersive visual-musical experience. Her artworks are not static; they shift in response to lighting and perspective, offering viewers a real-time encounter with rhythm, space, and emotion.As a Taiwanese artist active on the international stage, Grace Tan has exhibited in France, the United States, Japan, and South Korea. Her works are housed in the permanent collections of the World Bank Headquarters, the American Academy of Asian Culture, the San Francisco Public Library, and the University of Cyprus - testament to her growing global impact.Grace Tan composes with ink and lets her lines sing, transforming calligraphy, seal carving, and visual art into vessels of musical expression. From the interplay of geometry and colour, to the rhythmic flow of brushstrokes and the carefully composed cadence within her seal designs, her work reflects a profound exploration of "rhythmic writing." The dryness or fluidity of ink, the tension and release of each line, and the thoughtful use of negative space resemble the dynamics and pauses found in musical composition - all weaving together into her own distinctive artistic tapestry. (Photography: Grace Tan)Her artistic voice carries particular resonance for European audiences, who appreciate her thoughtful fusion of East and West. By combining the introspective stillness of Eastern philosophy with the expressive freedom of contemporary Western art, she opens a space for cultural reflection and connection.Grace Tan's work is not just a celebration of tradition, but a reimagining of it - offering a vision of art that transcends borders and speaks to the shared human experience. Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-08

BCQ Achieves Dual Growth in 2024 Revenue and Net Profit Attributable to Shareholders

HONG KONG, Apr 7, 2025 - (ACN Newswire via SeaPRwire.com) - On the evening of March 21, Bank of Chongqing Co., Ltd. (Stock Codes: 601963.SH, 01963.HK, hereinafter referred to as "BCQ" or "the Bank") released its 2024 Annual Report. During the reporting period, BCQ recorded operating income of RMB13.679 billion, a year-on-year (YoY) increase of 3.54%, and net profit of RMB5.521 billion, up 5.59% YoY. Net profit attributable to shareholders reached RMB5.117 billion, marking a YoY growth of 3.80%. Basic earnings per share (EPS) stood at RMB1.38.To enhance shareholder returns, the Bank proposed a final dividend of RMB2.48 per 10 shares (tax inclusive) for 2024. Dividend payments continued to demonstrate greater stability, sustainability, and predictability. The cash dividend payout ratio reached 30.01% in 2024, maintaining a five-year streak above 30% since the Bank’s A-share listing.Net Profit Attributable to Shareholders Exceeds RMB5 Billion, Asset Quality Continues to ImproveAgainst a backdrop of global economic complexity, China’s economy demonstrated resilience and vitality through steady progress in 2024. As a key regional financial institution, BCQ remained committed to advancing the "Five Key Areas in Financial Sector"—technology finance, green finance, inclusive finance, pension finance, and digital finance. By adhering to strategic directives, the Bank deepened its regional footprint, optimized its service offerings, expanded asset deployment, and reinforced liability management, steadily progressing toward high-quality development.By the end of 2024, BCQ’s total loans reached RMB440.616 billion, a 12.13% increase YoY, while total deposits rose 14.30% YoY to RMB474.117 billion.In terms of profitability, the Bank achieved operating income of RMB13.679 billion (+3.54% YoY) and net profit attributable to shareholders of RMB5.117 billion (+3.80% YoY), both hitting record highs since its 2021 listing.Within the framework of high-quality development, BCQ refined capital management and executed external capital replenishment initiatives, driving steady improvements across capital adequacy ratios. As of December 31, 2024, the Bank's Core Tier 1 Capital Adequacy Ratio stood at 9.88%, Tier 1 Capital Adequacy Ratio at 11.20%, and Total Capital Adequacy Ratio at 14.46%, representing increases of 0.10, 0.04, and 1.09 percentage points, respectively, from the prior year. These metrics not only meet regulatory requirements but also bolster risk resilience and provide a solid capital foundation for business expansion.The Bank’s non-performing loan (NPL) ratio declined to 1.25% by the end of 2024, the lowest level in five years. The special-mention loan ratio dropped to 2.64%, down 0.72 percentage points YoY, while the overdue loan ratio fell to 1.73%, a 0.22 percentage point reduction YoY. Additionally, the loan loss provision coverage ratio rose for the second consecutive year to 245.08%, up 10.90 percentage points, reinforcing financial security.Proactively Aligns with National Strategies, Multi-Tiered Services Empower the Chengdu-Chongqing Twin-City Economic CircleAs the first city commercial bank in Western China to achieve dual "A/H" listings, BCQ leverages its robust capabilities to serve markets across one municipality (Chongqing) and three provinces (Sichuan, Guizhou, Shaanxi). In 2024, the Bank seized strategic opportunities including the Chengdu-Chongqing Twin-City Economic Circle, New Western Land-Sea Corridor, and Rural Revitalization, cementing its differentiated competitive edge.During the reporting period, BCQ extended RMB40 billion in incremental credit to the Chengdu-Chongqing Twin-City Economic Circle, supported the New Western Land-Sea Corridor with RMB20 billion in additional business volume. The Bank’s issuance and outstanding balance of foreign currency bonds ranked among the top regional legal person banks in Western China.By adhering to a differentiated development strategy, BCQ leveraged its status as a legal-person bank and its strengths in inclusive finance, green finance, and other specialized sectors, to promote the "Five Key Areas in Financial Sector". In 2024, the Bank’s outstanding loans in technology, green projects, inclusive finance, and medium-to-long-term manufacturing grew by 32%, 40%, 22%, and 25%, respectively, injecting momentum into regional economic growth.In manufacturing finance, since 2024, the Bank has supported over 250 major projects through product innovation, channel expansion, and service optimization, including the Chengdu-Chongqing High-Speed Railway and Metro Line 15, with credit volume surging over 150% YoY. BCQ also provided RMB150 billion in credit to industries and infrastructure within the Chengdu-Chongqing Twin-City Economic Circle.For inclusive finance, the Bank refined its product ecosystem to empower small and micro businesses, individual businesses, and agricultural business entities. Under the "dual growth" framework, its outstanding inclusive micro and small loans reached RMB61.068 billion, up RMB10.822 billion YoY, while agriculture-related loans rose to RMB44.782 billion, up 15.40% YoY or RMB5.975 billion from 2023.As 2025 marks the conclusion of China’s 14th Five-Year Plan, BCQ pledges to strengthen strategic leadership, seize policy opportunities, accelerate transformation, and advance toward a "trillion-yuan" scale through reform, innovation, and relentless effort. The Bank aims to deliver superior financial services, enhance shareholder value, and contribute more meaningfully to regional economic and social development. Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-07

Fosun’s Core Businesses Stay Firm Despite One-off Non-cash Loss

HONG KONG, Mar 31, 2025 - (ACN Newswire via SeaPRwire.com) - On 30 March, Fosun International (00656) announced its 2024 annual results, reporting a total revenue of RMB192.14 billion. The Group’s four core subsidiaries – Yuyuan, Fosun Pharma, Fosun Insurance Portugal, and Fosun Tourism Group (“FTG”) – generated a total revenue of RMB134.65 billion, accounting for 70.1% of the Group’s total revenue. The loss attributable to owners of the parent amounted to RMB4.35 billion, mainly attributable to Alibaba Group’s repurchase of Cainiao’s shares at a low price, which significantly reduced the carrying value of those shares. Excluding the effect of this factor, Fosun International’s profit attributable to owners of the parent in 2024 amounted to RMB750 million, and the industrial operation profit, which reflects Fosun’s fundamentals and growth potential, reached RMB4.9 billion.According to the announcement, the Company provided a detailed explanation, along with sufficient supporting data, for the one-off book loss related to the Cainiao investment during the reporting period. Fosun International pointed out that, during the investment period, Fosun recorded Cainiao investment at fair market value based on market transactions, and the carrying value of Fosun’s holding of 564.18 million shares in Cainiao was approximately USD1.05 billion as at the end of 2023. In 2024, Alibaba Group repurchased shares in Cainiao held by its minority shareholders at USD0.62 per share in order to implement further adjustments to Cainiao’s business, which represents a substantial decrease compared to the carrying value of the Cainiao investment held by Fosun as at the end of 2023. Therefore, the carrying value of the Cainiao investment was adjusted according to the repurchase price of USD0.62 per share, resulting in a one-off non-cash book loss of approximately RMB5.1 billion in its 2024 financial statements. Fosun is still in ongoing negotiations with Alibaba Group regarding the subsequent arrangement related to the Cainiao investment.It is understood that prudent adjustments to the fair value of investment equity, made by Hong Kong-listed companies in accordance with Hong Kong accounting standards, are regarded as non-cash book changes. Such adjustments do not have a direct impact on the company’s operations or cash flow. Fosun International also emphasized in its announcement that this book adjustment is a one-off non-cash adjustment. “The Company’s overall operational fundamentals remain stable, the core businesses are under healthy development, and the industrial operation profits and operating cash flows stay healthy and stable.”In addition, the announcement disclosed Fosun’s investment and exit information regarding the Cainiao investment: “The Group’s total investment in Cainiao was approximately RMB1.5 billion. As at the end of 2024, the accumulative proceeds from historical divestments reached approximately RMB4.4 billion, yielding an internal rate of return (IRR) of approximately 34%.”It is worth noting that, from an investment perspective, Fosun has already achieved considerable returns on the Cainiao investment. The non-cash book loss resulting from the decline in Cainiao’s valuation is a standard financial adjustment, and does not reflect the company’s actual operations. However, it could potentially create misconceptions about Fosun’s operational performance.In fact, a clear strategic focus and solid industrial operational capabilities are becoming key perspectives for the market to observe Fosun’s long-term steady development. Recently, Fosun’s subsidiaries have successively announced their 2024 annual results, demonstrating consistent growth momentum and operational resilience.Among which, Fosun Pharma achieved operating revenue of RMB41.07 billion and net profit attributable to shareholders of RMB2.77 billion, representing a year-on-year increase of 16.08%; Henlius achieved operating revenue of approximately RMB5.72 billon, representing a year-on-year increase of 6.1%, while net profit reached RMB820.5 million, representing a year-on-year increase of 50.3%; FTG achieved sustained profitability, with Club Med’s business turnover reaching a record high of RMB16.15 billion, while Atlantis Sanya’s business turnover remained at a high level; Yuyuan’s asset-liability ratio further reduced to 67.82%, which is considered safe and reasonable, and the company had ample cash on hand of RMB10.69 billion; Fosun Insurance Portugal achieved growth in both domestic and international business. Its total gross written premiums reached EUR6.17 billion, while overseas revenue reached EUR1.84 billion. Through overseas expansion, the proportion of international business increased from less than 5% in 2014 to over 29.8%; Hainan Mining reported a net profit attributable to shareholders of RMB706 million, representing a year-on-year increase of 12.97%, and a net profit excluding non-recurring gains and losses of RMB680 million, representing a year-on-year increase of 23.72%.Fosun also maintained a healthy and stable operating cash flow. As at the end of 2024, the Group’s total debt to total capital ratio was 52.0%, and cash and bank balance and term deposits amounted to RMB106.34 billion.In 2024, Fosun continuously advanced its core business-focused and business streamlining strategy by divesting non-core assets and heavy assets to focus on core operations, reduce debt, and optimize its capital structure. The signed asset divestment amounted to approximately RMB17.5 billion equivalent at the group level, and approximately RMB30.0 billion equivalent at the consolidated level.In November 2024, after an absence of three years, Fosun returned to the offshore USD bond market and successfully issued long duration USD bonds, substantially expanding its offshore financing options. In terms of bank financing, Fosun refinanced its three-year unsecured syndicated loan with upsize from matured loan, achieving the successful launch of offshore syndicated loans for 8 consecutive years. Fosun High Technology issued several super short-term commercial papers, raising a total of RMB5.1 billion. In June 2024, the international credit rating agency S&P fully recognized the Group’s steady improvement in credit matrix, and reaffirmed the BB- rating and a stable credit outlook.Recently, Fosun International has successfully completed the refinancing of a USD870 million equivalent syndicated loan due on 28 March 2025. Of this amount, USD675 million equivalent was secured through a newly arranged syndicated loan. This syndicated loan represents the largest of its kind for a Chinese private enterprise so far this year, demonstrating strong recognition from leading international banks for Fosun’s strategic development in recent years.Looking ahead, Fosun will remain focused on its core businesses. Leveraging its globalization and innovation capabilities, along with the efficient execution of “strategic advancements and exits”, Fosun is set to maintain ample capital flow, thereby supporting its continued steady development. Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-07

Smart Lighting Expo and Spring Lighting Fair open today

- The 2nd Smart Lighting Expo and 16th Hong Kong International Lighting Fair (Spring Edition), opened today and will run for four days until 9 April 2025 at the Hong Kong Convention and Exhibition Centre- The twin fairs reveal brand new product trends including greenovation, customisation, connectivity & creativity, health & wellness and smart technology- Both the Asian Lighting Forum (6 April) and Smart Lighting Solution Forum (7 April) will be held during the fair period to explore the latest trends and developments in the lighting industryHONG KONG, Apr 6, 2025 - (ACN Newswire via SeaPRwire.com) - The 2nd Smart Lighting Expo and 16th Hong Kong International Lighting Fair (Spring Edition), organised by the Hong Kong Trade Development Council (HKTDC), opened today and will continue until 9 April at the Hong Kong Convention and Exhibition Centre. This year, the theme for both fairs is Go Smart, Live Green, presenting innovative and eco-friendly lighting solutions to enhance smart living and promote sustainability.Sophia Chong, Deputy Executive Director of the HKTDC, said: “As one of the events of  Business of Innovation & Technology Week (BIT Week), Smart Lighting Expo returns this year and showcases a range of products and solutions, including smart lighting technologies, human-centric designs, sustainable lighting and much more. The Spring Lighting Fair continues to serve as a one-stop trading platform for diverse lighting products. The two fairs bring together some 1,000 exhibitors, creating an exceptional business and trade event for lighting fixtures, products and solutions.”According to Statista, the size of the global smart lighting market is expected to surge from US$8.1 billion in 2020 to US$44 billion in 2030. Smart lighting is programmed to allow users to adjust brightness, colour and colour temperature according to their needs. The International Energy Agency (IEA) predicts that LED technology will significantly reduce global electricity use by 2026, cutting carbon emissions by billions of dollars annually, and the widespread use of solar lighting solutions in urban infrastructure projects further demonstrates the industry's commitment to renewable energy.Two lighting fairs reveal new product trendsIn the face of changing market demands, apart from focusing on the functionality, the lighting industry continues to innovate this year with new trends such as sustainability, personalisation and creativity, healthy lighting and artificial intelligence (AI) technology being incorporated into lighting products.- Greenovation - Sustainable and innovative lighting productsIn response to the growing demand for sustainable solutions, the lighting sector has embraced “greenovation” — a forward-thinking approach that merges eco-friendly practices with cutting-edge technology and is becoming a new driver of growth. The principles of the circular economy are reshaping how lighting products are created, as seen from an increased use of recyclable and biodegradable components in fixtures, reducing environmental footprints.The Greenovation zone made its debut at the Spring Lighting Fair, with 15 exhibitors bringing a wide range of green lighting and smart home products. This included the LED mirror produced by Essence Sanitary Ware (Booth: 3E-C01) which combines advanced light control technology to provide intelligent lighting solutions in an adjustable brightness design and anti-fog technology. This is equipped with a magnifying mirror, Bluetooth speakers, a digital clock, WiFi weather updates, USB ports, a wireless charging shaving socket, and a smart panel, enhancing comfort and convenience. This innovative product is currently used in hotel and residential sectors and has been selected by multinational hotel groups.- Lighting fixtures with AI technology to create a smart homeThe introduction of AI and Internet of Things (IoT) solutions into lighting products has become an important part of enhancing the living environment and creating a high quality of life. The Smart Lighting Expo provides a comprehensive platform to showcase a wide range of smart products and lighting solutions. One such example is Kinglumi Co., Ltd. (Booth: 1B-A10), a national high-tech enterprise, which integrates AI, IoT and data analytics into its Caimeta AIoT product. This product is highly adaptable to the environment, outputs professional light colours, and provides end-to-end intelligent lighting solutions for industries such as retail, office buildings, hotels, residential buildings, schools, and restaurants.- Customised lighting to meet specific needsGone are the days of a one-size-fits-all approach to lighting, as the demand for personalised and adaptable lighting solutions has soared. This transformation is reshaping the industry and creating new opportunities for businesses to cater to individual preferences. Products can be tailored to meet the specific needs of customers and venues.Shenzhen Snoowel Technology Co., LTD (Booth: 1B-C19), a high-tech enterprise in Shenzhen, has brought customisable LED plant grow lights to the fairs which can be tailored to meet customers' colour and shape preferences. The lights promote photosynthesis through the intertwined emission of blue and red light. They also provide targeted and general lighting, with adjustable colour temperature and full-spectrum white LED that enhances the natural colouring of the plants. Another notable product is XRibbon, an ultra-thin LED light strip from Huitron Limited (Booth: 1E-C24). Crafted from a flexible material and offering customisable light colours, it is ideal for indoor and outdoor decorative applications. This product has received the Red Dot Design Award.- Stylish lighting with creative design elementsThe industry is incorporating innovative design ideas and stylish elements into its lighting products.  Lighting is no longer just about visibility — it’s a medium for creativity experience, and interconnected lifestyles. For example, lighting that can be controlled by voice can be connected to music devices at home to provide an immersive experience for users. Hong Kong SNC Lighting Co Ltd (Booth: 1E-C02) is introducing a new and innovative LED work light, the Multifunctional Move Work Light, which can be flexibly rotated to five angles, from 0° to 120°. The design offers streamlined, high-efficiency heat dissipation through holes in the light body, and each light can be adjusted for brightness, enhancing the users experience. The versatile work light is suitable for both indoor and outdoor use, such as architectural lighting, scene lighting, commercial lighting, and advertising lighting. The LED lamp has won the iF design award for design innovation.Human-centric healthy lightingThe industry focuses not only on the design of lighting fixtures but also on the health of users, including intelligent healthy lighting products that can enhance the quality of users' sleep through human-centric lighting. Some exhibitors have made special efforts to create a healthy lighting environment. For example, Korea’s Prism (Booth: 3C-D09) brought the LED Desk Lamp to the Spring Lighting Fair, which is equipped with intelligent sensors for easy adjustment of light intensity. This can be attached to a monitor, making it suitable for long-term use, reducing eye fatigue.Gathering the most advanced lighting and solutionsThe Shanghai Pudong Intelligent Lighting Association returns to the Smart Lighting Expo and hosts the Smart Ecosystem and IoT Supply Chain Area, featuring Bweetech, Creatrol Intelligence, LEDiFUTURE, Shuncom AIoT, TYF and many more. In addition, there are group pavilions from Guangdong - Hong Kong – Macao Greater Bay Area – including a new Shenzhen Pavilion and the SZSA Smart Lighting Pavilion brought by Shenzhen Semiconductor Association, and the returning Zhongshan Pavilion, featuring some “New Technology Little Giant” enterprises that focus on niche and high-end market demands. Notable companies include Shenzhen Snoowel Technology Co., Ltd. (Booth: 1B-C19), which has patented LED lightbox edge light sources, and Shenzhen Xuyu Optoelectronics Co., Ltd. (Booth: 1B-A20), specialising in full-spectrum LED chips.Two forums to analyse hot topics in the marketIn addition to product demonstrations, the two fairs organise several industry seminars, networking receptions, product promotions and launches to keep participants abreast of the latest industry trends in sustainable lighting, healthy lighting and smart lighting, as well as provide opportunities for networking and expanding connections.The two key events are:- Asian Lighting Forum (6 April)The forum aims to facilitate the lighting industry’s adaptation to the latest market standards and showcase ESG developments through case studies. Matthew Norman, Creative Director at Baseline Lighting Design Studio, will present case studies from Asia and Europe on how the market is adapting to new EU regulations. Lucy Bubb, Managing Director of William Sugg & Co, a UK-based company specialising in the restoration of heritage lighting, will also share case studies on the revitalisation of heritage sites using sustainable lighting solutions, such as Duddell Street, Central, and the UK’s Parliament House, Buckingham Palace, and Westminster Abbey.- Smart Lighting Solution Forum (7 April)Co-organised with Shanghai Pudong Intelligent Lighting Association (SILA) again, industry experts will explore the advancement of human-centric lighting technology and the customised application of intelligent lighting in different scenarios. Industry leaders such as Dr. Feng Huang, Chair of Zhaga CTF and DALI CFG at Zhaga Consortium & DALI Alliance, Zoe, Yi Xia, Director of the International WELL Building Institute (China), which leads the development of healthy buildings around the world, and Lingtao Kong, Head of R&D Department of Xiaomi IoT Platform, will share their views on the relationship between lighting and physical and mental health, and discuss the future of human-centric lighting.Business of Innovation & Technology Week (BIT Week) packed with innovation eventsDriven by the Government of the Hong Kong Special Administrative Region’s Innovation, Technology and Industry Bureau and the HKTDC, the Business of Innovation & Technology Week (BIT Week) in April 2025 brings together a series of tech-related exhibitions, conferences, seminars, roundtables and networking events in Hong Kong, setting the perfect scene for industry exchanges and cross-disciplinary collaborations. A series of exciting events during the week, including the Smart Lighting Expo, InnoEX, Hong Kong Electronics Fair (Spring Edition), Hong Kong Web3 Festival and the Hong Kong World Youth Science Conference, are must-attend technology events for the industry.Photo download: https://bit.ly/4jejb5aThe 2nd Smart Lighting Expo and 16th Hong Kong International Lighting Fair (Spring Edition), will run until 9 April 2025, bringing together some 1,000 exhibitorsSmart Lighting Expo showcases a range of products and solutions, including smart lighting technologies, human-centric designs, energy-efficient innovations and much moreThe Shanghai Pudong Intelligent Lighting Association returns to the Smart Lighting Expo and hosts the Smart Ecosystem and IoT Supply Chain Area, showcasing the latest solutions from multiple renowned brandsSpring Lighting Fair is a one-stop trading platform for a wide range of lighting productsGreenovation Zone made its debut at the Spring Lighting Fair with 15 exhibitors presenting a wide range of green lighting and smart home productsAsian Lighting Forum was held today to facilitate the lighting industry’s adoption of the latest market standards and showcased ESG developments through case studiesFair informationDateOpening hours6-8 April 2024 (Sunday to Tuesday)9:30am – 6:30pm9 April 2024 (Wednesday)9:30am – 5pmVenueHall 1A-E and 3C-E, Hong Kong Convention and Exhibition Centre, 1 Expo Drive, Wan ChaiPress registration counter and media centreFor registration, members of the press must present their name cards and press passes at the counter located at the concourse of Hall 1CD, Hong Kong Convention and Exhibition Centre, or visit the HKTDC media centre (G/F of Hong Kong Convention and Exhibition Centre near the Expo Drive entrance)Fair websitesSmart Lighting Expo: smartlightingexpo.hktdc.comHong Kong International Lighting Fair (Spring Edition): hklightingfairse.hktdc.comActivity schedule: https://www.hktdc.com/event/smartlightingexpo/en/programmeHKTDC Media Centre: https://mediaroom.hktdc.com/enMedia enquiriesPlease contact HKTDC’s Communication & 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.lawuw@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.

2025-04-07

Forexiro Makes Its Debut at Cyprus Trading Event, Offering Structured Gold Trading on H4

DUBAI, Apr 7, 2025 - (ACN Newswire via SeaPRwire.com) - At a leading trading industry event in March 2025, Forexiro made its official debut, capturing attention with its structured approach to gold trading on the H4 chart. The forex trading world moves fast, and finding the right rhythm can make all the difference. That’s where the 4-hour (H4) chart shines, a timeframe that bridges the gap between the whirlwind of short intervals and the slow burn of daily charts. Forexiro, developed by Avenix Fzco, is an automated trading system built specifically for the XAUUSD (Gold/US Dollar) pair on H4, offering a structured, methodical way to engage with the markets.The Appeal of the 4-Hour TimeframeThe H4 chart brings a few key strengths to the table, whether you’re new to trading or a seasoned hand.Reduced Market Noise: Short timeframes can feel like a rollercoaster, prices jumping around, trends hard to spot. The H4 smooths out that chaos, giving you a clearer picture of where things are headed.A Practical Pace: Daily charts test your patience with sparse signals, but H4 keeps the action coming, offering solid opportunities without chaining you to your screen.Room for Real Analysis: This timeframe provides enough context to read meaningful shifts and develop well-reasoned strategies.Balanced Risk-to-Reward Ratio: With more stable price movements, the H4 chart allows for well-structured stop-loss and take-profit placements, improving trade planning and capital protection.How Forexiro Fits the H4 MoldForexiro is tailored to match the natural rhythm of the H4 timeframe, offering a mix of automation and control designed for traders seeking structure and consistency.Pinpoint Entries: It identifies support and resistance levels, tracks momentum, and looks for confirmation before entering trades, aiming to align with high-probability setups.Martingale Option: T For traders who prefer recovery-based strategies, Forexiro includes an adjustable martingale feature to help navigate losing streaks with caution.Easy to Use: With a clean design, the system is accessible for traders at any experience level, minimizing barriers to getting started.Built-in Risk Controls: Automated stop-loss and take-profit mechanisms are included by default, helping users manage risk consistently.Embracing the H4 Timeframe with ForexiroForexiro supports a trading style that values patience, clarity, and strategic execution. For traders who find lower timeframes too chaotic and daily charts too slow, the H4 offers a sweet spot—and Forexiro is designed to help make the most of it. Rather than overcomplicating trading, it encourages a measured, informed approach grounded in rhythm and structure.About ForexiroForexiro is an Expert Advisor (EA) built for XAU/USD trading on the H4 timeframe. Designed for precision and risk management, it combines advanced algorithms, martingale technology, and trend analysis to optimize trade execution. With a user-friendly interface, it empowers traders of all levels to capitalize on gold market opportunities. Learn more at https://forexiro.com/.Media ContactBrand: ForexiroContact: Media teamWebsite: https://Forexiro.com Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-07

Integration of ION Mobility’s assets and IP, set to accelerate TVS Motor’s EV footprint in South East Asian markets

SINGAPORE, Apr 7, 2025 - (ACN Newswire via SeaPRwire.com) - TVS Motor Company (TVSM), a leading global manufacturer of two and three-wheelers, is set to strengthen its electric vehicle (EV) presence in Southeast Asia through the integration of ION Mobility’s assets, intellectual property, and talent into its operations. Southeast Asia represents one of the world’s fastest-growing regions for motorbike usage, offering a significant opportunity for expansion.TVSM has been a strategic investor in ION Mobility, a full-stack EV company known for its robust in-house capabilities across industrial and product design, mechanical and electrical engineering, embedded and power electronics, firmware, software, and supply chain solutions. This integration, combined with TVSM’s deep expertise in electric mobility, marks a major step toward unlocking new possibilities in the region.Commenting on the development, Sharad Mohan Mishra, President Group Strategy, TVS Motor Company, said: “We were an early strategic investor in ION Mobility, attracted by their focus on delivering smart, sustainable, and exciting mobility solutions for ASEAN markets. Our ‘Reimagine 2030’ vision strongly aligned with their mission. With the acquisition of ION Mobility’s assets, IP and core team, we are thrilled to bring their entrepreneurial energy, design thinking and engineering strength into TVSM. Combined with our R&D depth, quality systems, and manufacturing scale, this partnership positions us to accelerate market penetration and grow our share across Southeast Asia.”TVS Motor is already a formidable player in the global EV landscape, with nearly 600,000 customers choosing its flagship electric scooter, TVS iQube. The company has developed end-to-end in-house capabilities across EV components - battery systems, battery management, vehicle control units, and connected platforms - and holds more than 650 patents in the EV domain.Earlier this week, TVS Motor Company announced that its wholly owned subsidiary TVS Motor (Singapore) Pte Ltd acquired select assets from ION Mobility and also divested its stake in the company. Following this move, James Chan, Founder and CEO of ION Mobility, has joined TVS Motor Company as Senior Vice President. He will lead TVSM’s business across ASEAN while also spearheading the development and launch of the M1-S electric mobility platform. The M1-S is already generating strong interest in ASEAN markets for its striking design, impressive range, agile acceleration, and suitability for daily commutes.About TVS Motor CompanyTVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.For more information, please visit www.tvsmotor.com or write to corpcom@tvsmotor.com Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-07

EdgePoint Towers Appoints Ravin Vickneswaran as Chief Operating Officer

KUALA LUMPUR, Apr 2, 2025 - (ACN Newswire via SeaPRwire.com) - EdgePoint Towers Sdn Bhd, a part of EdgePoint Infrastructure, a leading ASEAN-based independent telecommunications infrastructure company, is pleased to announce the appointment of Ravin Vickneswaran as Chief Operating Officer of EdgePoint Towers. Ravin has been with EdgePoint since 2021 and has extensive experience spanning over 25 years in the local and international telecommunications industry.EdgePoint Towers Appoints Ravin Vickneswaran as Chief Operating OfficerAs Chief Operating Officer, Ravin will work closely with teams across the organization to drive the company's vision across various departments, including Engineering & Implementation, Property & Permitting and Operations & Maintenance. He will also lead teams towards enhancing service offerings, boosting customer satisfaction, ensuring the successful implementation of ESG practices, strengthening partnerships and driving the adoption of new technologies. In addition, Ravin will retain his previous portfolio in EdgePoint, continuing to lead the Innovations team.Speaking on his new role, Ravin shared, "I am thankful to step into this new role at such a transformative time for the industry. As Malaysia accelerates its 5G rollout, Edgepoint Towers remains committed to delivering future-ready infrastructure that enables seamless connectivity. Collaboration with our customers is at the heart of our strategy, ensuring we provide innovative and reliable solutions that support their evolving needs. Continuing to work alongside my talented colleagues, we aim to foster strong partnerships, drive operational excellence, and play a key role in advancing the nation’s digital transformation."Muniff Kamaruddin, Chief Executive Officer of EdgePoint Towers said, “We are pleased to see Ravin advance in his career at EdgePoint. As we rapidly scale in Malaysia, it is crucial that we expand our management bench strength, and Ravin’s expertise will be key in this effort. His proven leadership, operational expertise, and strong execution capabilities will be instrumental in ensuring the Company’s continued success. Ravin’s deep understanding of the industry and customer needs has enabled him to build high-performing teams who have delivered innovative solutions across various industries in Malaysia, even winning two international awards in the past three years. With his track record, we are confident that Ravin will drive our business forward and strengthen our position as a partner of choice for digital infrastructure solutions in Malaysia.”Ravin has served as Vice President of In-Building Coverage and Innovation at EdgePoint since 2021 and has been instrumental in growing the company’s IBC and small cells portfolio. Prior to joining EdgePoint, he has held key senior positions in telecommunications companies in Malaysia and Myanmar namely, Head of 5G Enterprise Business in Celcom Axiata Berhad, Director of APAC Operations at Flexenclosure AB, and Manager at Maxis Communications Berhad.To date, EdgePoint Towers is the second largest independent telecommunications infrastructure company in Malaysia with 1,800 sites in its portfolio.  ****ABOUT EDGEPOINT INFRASTRUCTUREEdgePoint Infrastructure is an ASEAN based independent telecommunications infrastructure company that aspires towards Building a Connected, Digital ASEAN. Headquartered in Singapore with operations in Malaysia, Indonesia and the Philippines, through EdgePoint Towers Sdn Bhd, PT Centratama Telekomunikasi Indonesia, Tbk and EdgePoint Towers Inc. respectively, the company is focused on providing sharable and leading-edge telecom structures, small cells and in-building systems. EdgePoint aims to be an industry leader through scale and innovation, driving operational efficiencies through the adoption of analytics and digital technologies.For more information on EdgePoint, please visit https://edgepointinfra.com/.  Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-07

Yunkang’s Revenue Proportion from Joint Construction Business for Medical Institution Alliances and Special Testing Items Continue to Grow in 2024

HONG KONG, Mar 31, 2025 - (ACN Newswire via SeaPRwire.com) - Yunkang Group Limited ("Yunkang" or the "Group"; Stock Code: 2325), a leading medical operation services provider in China, has announced its annual results for the year ended December 31, 2024 (the "Reporting Period"). During the year, the Group adhered to its overall business philosophy of “in-depth services and lean operations”, promoted development with innovation, deepened integrated collaboration among “government, industry, academy, research, medicine, application”, accelerated digital application of “AI + medical care”, continuously strengthened refined management, and reduced cost and improved efficiency, demonstrating strong operational resilience.In 2024, due to changes in the macro-environment, intensified competition in the industry as well as its strategic decision to optimize customer structure and product mix, the Group’s performance was temporarily affected. However, relying on its customer-oriented, innovative and coordinated development system, the Group achieved many breakthroughs in product innovation, model innovation, AI + medical digital intelligence and other aspects. The joint construction business with medical institution alliances remained its largest business segment, which accounted for 53.0% of the total revenue, representing an increase of 4.7 percentage points as compared to the same period of the previous year. In addition, featured products in the infection segment achieved rapid growth, laying a solid foundation for the segment’s long-term development. During the Reporting Period, the Group’s total revenue reached RMB711.9 million.Diagnostic testing for medical institution alliances was developing healthily   In-depth service empowers customersYunkang is committed to developing an innovative service mode for joint construction of medical institution alliances with “professionalism as the foundation, standardization as the core, digital intelligence as the means, synergization as the goal”. At present, the Group is providing medical technical service solutions to over 1,500 medical institutions in collaboration with medical institution alliances at over 430 on-site diagnostic centers of the alliances to meet their core demands. Through close collaboration – mutual recognition of testing results – with leading regional medical institutions, the Group has helped improve overall regional medical and treatment levels, helping hospitals build specialty departments, improving the efficiency of hierarchical diagnosis and treatment, promoting scientific research and cooperation, etc., thereby providing the public with higher-quality and more efficient diagnosis and treatment services. Dedicated to vigorously driving medical reform in China, during the Reporting Period, Yunkang teamed up with leading provincial-level hospitals, and regional county-level general hospitals to jointly build medical institution alliances to actively promote the construction of medical institution alliances as the bridge that connects the regional testing centers and partner hospitals. Customers are provided with “3+N” tumor, infection, reproductive genetics and +N technical system support, and also support from the in-depth service system, including the operation of diagnostic centers under regional medical institution alliances, access to new technologies or new products, construction services for digital specialty departments, medical cold chain logistics services, quality control services and supply chain services, all in-depth services for empowering demand and the long-term development of hospitals.Focus on “clinical demands”   Joint innovation for diagnostic testing achieved remarkable resultsAdhering to the “clinical demands”-oriented service concept, the Group has built a series of high-tech platforms, including high-throughput sequencing, gene chip, high-sensitivity PCR, protein spectrometry, cytogenetics, digital remote pathology, and ultra-micro pathology. During the Reporting Period, the Group introduced nearly 800 new testing items and provided about 3,800 clinical testing items, and more than 10 million specimens were tested for the year. In terms of precision diagnosis and treatment, the Group carried out more than 500 precision diagnosis services using cutting-edge technologies such as high-throughput sequencing, and protein spectrometry, covering five medical fields including infectious diseases, reproductive genetics, solid tumors, blood diseases, and personalized medicine. During the Reporting Period, the Group focused on the construction and development of 58 new items in such fields including infection, tumor, rare genetic diseases and personalized medicine, providing medical institutions nationwide with a more comprehensive range of precision diagnosis solutions to drive the embrace and development of precision medicine. During the Reporting Period, revenue from special testing items increased significantly year-on-year, accounting for a larger percentage of the Group’s overall revenue.The Group has a first-of-its-kind “joint innovation platform for diagnostic testing”, which has played a vital role in expanding its business and boosting competitiveness of its products. Constantly exploring and putting ideas into practice, the Group and dozens of top medical institutions across the country have pursued joint innovation for diagnostic testing and successfully developed more than 10 testing products for different infection syndromes in various fields such as respiratory tract infections and central nervous system infections.Digital application of “AI + medical care” leads the industryThe Group has launched and continuously upgraded its top 10 digital “cloud” systems, covering core areas such as laboratory operations, sales management, human resources, staff training, and customer services. At the same time, it has integrated AI technology into its “cloud” systems to create a one-stop intelligent medical diagnostic solution covering from “sample collection” to “report delivery”, which was comprehensively applied across its multi-technology platforms in medical laboratories, with the core concepts of “Internet+” and “precision diagnosis” to create a series of intelligent diagnostic platforms. In the Reporting Period, the Group’s self-developed digital IT platform with full intellectual property rights – the remote pathology consultation platform – covered over 800 medical testing items, assisting nearly 300 medical institutions nationwide in enhancing their pathology diagnostic capabilities and benefiting more than 200 million patients in rural areas.Regarding the application of AI-assisted diagnosis, the Group adheres to the strategy of “introducing one item once it is mature” and closely follows industry development trends. It has introduced items such as pathological DNA polyploid AI-assisted diagnosis, cervical liquid-based cell AI-assisted diagnosis, and chromosome AI analysis, all proven effective and have greatly enhanced diagnostic efficiency. During the Reporting Period, the Group focused on the field of infectious diseases and developed its first infectious disease data product, the “Yunkang Respiratory Pathogen Detection Positivity Rate Analysis Report”. The product officially obtained data product certification and was listed on the Guangzhou Data Exchange in January 2025, marking a milestone step for the Group in the field of compliant data transactions, effectively unlocking data value. Currently, having access to the DeepSeek large model, the Group aims to achieve comprehensive innovation in medical testing and diagnostics through inclusive technology, precision service and intelligent management.Collaborative and integrated development of “government, industry, academy, research, medicine, application” to facilitate industrial upgradeDuring the Year, the Group collaborated with various institutions to facilitate industrial upgrade based on a unique innovative industrial model, including:- Collaboration with The People’s Government of Ouhai, Wenzhou City and Wenzhou Medical University’s core areas in biomedical industry to promote construction of a number of key projects including a joint innovation and transformation platform, a public service platform, a medical big data research platform, a regional diagnostic sharing center and a training base for innovative talent, to the end of facilitating quick transformation of scientific research results for industrial applications;- Collaboration with The Zhangjiang Research Institute of Fudan University to jointly establish a “Collaborative Innovation and Transformation Center” to promote innovation and transformation of results of medical diagnostic technology application;- Collaboration with The Central University of Finance and Economics, Greater Bay Area Research Institute to jointly build an industry-education fusion talent cultivation highland and an industry aggregation and incubation platform.The strategy for sustainable development drives long-term valueWhile vigorously driving business development, Yunkang has consistently viewed sustainable development as a core strategy of the Group, committed to promoting the green transformation of the healthcare industry through innovative technologies and in-depth services. The Group engaged in environmental protection efforts such as energy conservation, emission reduction, and resource recycling in its operations, while also launched various charitable initiatives, including charitable clinical diagnostic activities, health checkup services for the well-being of the community, and health seminars, to give back to society by making use of its professional advantages.  Looking ahead, Yunkang will continue to make progress in ESG and step up our efforts in such areas as environmental policy and management, Scope 3 emissions, climate governance, climate performance indicators, climate scenario analysis, carbon reduction targets, and net-zero emissions commitment, all of which will help us realize economic, environmental and social benefits.Future prospectsChina has continued to promote expansion and downward penetration of the country’s high-quality medical resources, fostering a balanced regional layout and stepping up the construction of a hierarchical diagnosis and treatment system, conducive to establishing close-knit medical institution alliances. China’s Laboratory Developed Testing methods (LDT) pilots have steady and notable progress, leading to market growth for precision medicine development. In addition, in-depth integration of AI technology with the healthcare industry will become an important driving force for fine industry segments to embark on digital intelligence transformation and upgrade. Looking ahead, Yunkang will continue to align with national policies, seize the latest industry development opportunities, and continue to strengthen clinical-empowered value, and constantly explore and deepen the two new “product innovation + model innovation” model with customers in mind and to ensure residents can better benefit from its medical achievements.Yunkang Group Limited(Stock Code:2325)Yunkang Group is a leading medical operation service provider in China, which started to provide standardized medical diagnostic services to medical institutions at all levels as early as 2008. Leveraging its own professional diagnostic capabilities and the nationwide service network of integrated healthcare systems, Yunkang has gradually grown to become a medical operation service platform. Meanwhile, Yunkang is a medical operation service provider in China offering a full suite of diagnostic testing services which are diagnostic outsourcing services and diagnostic testing services for medical institution alliances. Yunkang provides diagnostic services through on-site diagnostic centers to collaborative hospitals in the integrated healthcare systems in China and assists them in improving their clinical diagnosis capabilities through co-developing diagnostic centers. As of today, Yunkang has successfully provided professional services to 430+ on-site diagnostic centers. As of December 31, 2024, the hospitals we collaborated with were located across 31 provinces and municipalities in China. Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-06

Connect Marketplace Hong Kong 2025 Concludes Successfully

HONG KONG, Apr 4, 2025 - (ACN Newswire via SeaPRwire.com) - Connect Marketplace Hong Kong (CMHK) successfully concluded its preview event in APAC in 2025, marking a significant milestone in fostering business collaboration within the MICE industry. Held from 19-21 March 2025, the event successfully brought together over 4,000 industry professionals, along with more than 60 exhibitors from over 30 countries and regions. It focused on creating an invaluable platform for networking and business development.Margaret Ma Connolly, president and CEO of Informa Markets in Asia, highlighted the event’s role in driving transformation within the MICE industry. “The launch of Connect Marketplace Hong Kong is more than just a new event. It's a testament to our belief in Hong Kong as the ultimate MICE destination. Here at Connect Marketplace Hong Kong, we’re not just discussing the future of business events – we’re actively shaping it, fostering connections that transcend borders and drive economic growth across Asia and beyond” she said.Connect Marketplace Hong Kong excelled as a premier platform for business collaboration, featuring the Hosted Buyer Programme, which brought together around 450 international decision-makers and facilitated close to 1,300 business organised through its innovative one-on-one meeting initiatives.Additionally, conference sessions and forums addressed key industry topics, from sustainability to cutting edge MICE solutions. A series of networking opportunities, including Horse Racing Night, Gala Dinner and a Familiarization Trip to Macau further strengthened interactions among global industry players.Janice Lee, Senior Portfolio Director of Connect Marketplace Hong Kong, expressed excitement for future growth: “This is a remarkable achievement! I have witnessed the spirit of Informa unfold over four months of hard work, culminating in around 4,000 attendees at the show. This success gives us great confidence as we look ahead to the next edition of CMHK in 2026.” The next edition of Connect Marketplace Hong Kong is scheduled for 18-19 March 2026.About Informa MarketsInforma Markets creates platforms for industries and specialist markets to trade, innovate and grow. Our portfolio is comprised of more than 550 international B2B events and brands in markets including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We provide customers and partners around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, specialist digital content and actionable data solutions. As the world’s leading exhibitions organiser, we bring a diverse range of specialist markets to life, unlocking opportunities and helping them to thrive 365 days of the year. For more information, please visit www.informamarkets.com.For media enquiries, please contact: cheenie.so@informa.com Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-04

JF SmartInvest Holdings Ltd Announces 2024 Annual Results

HIGHLIGHTS:- During the Reporting Period, the Group’s gross billings amounted to approximately RMB3,505.9 million, representing an increase of approximately 49.3% from approximately RMB2,347.7 million for the Corresponding Period.- The total revenue of the Group was approximately RMB2,306.0 million, representing an increase of approximately 17.3% compared to approximately RMB1,965.4 million for the Corresponding Period.- The profit attributable to Shareholders of the Group was approximately RMB272.4 million, representing an increase of approximately 42.8% from approximately RMB190.7 million for the Corresponding Period.- The Group’s operating cash flow (net inflow) was approximately RMB1,627.8 million, representing an increase of approximately 266.6% as compared to approximately RMB444.0 million for the Corresponding Period.- Taking into account the financial and cash flow positions of the Group, the Board recommends the payment of a final dividend of approximately HKD148.0 million for the year ended December 31, 2024, representing HKD0.33 per share (in cash), and the proposed final dividend is subject to consideration and approval by Shareholders at the AGM.HONG KONG, Apr 4, 2025 - (JCN Newswire via SeaPRwire.com) - 28 March, JF SmartInvest Holdings Ltd(the “Company” ; together with its subsidiaries, the "Group" or “we”) is pleased to announce its consolidated annual results for the year ended December 31, 2024 (the “Reporting Period”). During the Reporting Period, the Company realized a revenue of approximately RMB2,306.0 million, representing a growth of approximately 17.3% from the Corresponding Period. Profit attributable to Shareholders amounted to approximately RMB272.4 million, representing an increase of 42.8% over the Corresponding Period. In addition, our operating cash flow was strong. We had a net inflow of approximately RMB1,627.8 million which represented a significant year-on-year growth of 266.6%, fully demonstrating the effective strategy execution and high market adaptability of the Company.Developed a multi-dimensional product structure to promote business and revenue diversificationDuring the Reporting Period, on top of integrating and improving our existing products, we launched the industry’s first-ever stock learning machine and enriched our small-amount series product matrix for the promotion of revenue diversification. We have formed four main product lines currently, namely “Stock Navigator Series and Super Investor” , “Enjoy-Stock Pad”, “Jiuyao Stocks” and “SmartInvest App” (App). We aim to serve a wider spectrum of customers in a more effective manner by capitalizing on the synergies of these product lines.In order to meet users’ needs, we launched the first “Enjoy-Stock Pad (Starter Edition)” in July to fill the market gap for professional stock learning products. The Company expected that the launch of this product would create a dedicated learning platform for investors, actively fulfil corporate social responsibilities and deepen the inclusive financial education practice. In the meantime, we launched nearly 30 lightweight products to achieve product scalability and standardization, which allowed us to meet the diverse users’ needs and fully explore long-tail customers. During the Reporting Period, our small-amount series products were used by our subscriber customers for more than 2.203 million times.Adherence to pursuing “technological research + investment research” dual-driver strategy, deepening AI technology for full empowerment for the Company’s business and practical applicationImplementing our “technology + investment research” dual-driver strategy, we further increased our R&D investment, explored the empowerment and application of AI and other frontier technologies to the Company’s product offerings, business operations and operational management. With focus on the “buyer-side investment advisory” service, we strengthened our “1+N” investment research system to fully penetrate our investment research into businesses and processes, so as to professionally support our customers in creating long-term value.We continuously strengthened our R&D capabilities and investment: During the Reporting Period, we invested approximately RMB319 million in R&D activities, representing an increase of 10.9% over the Corresponding Period. Such R&D investment accounted for approximately 13.8% of the Company’s total revenue. In addition, as of the end of the Reporting Period, we had 136 software copyrights and patents on product features, big data and AI, that was 52 more than last year. What is noteworthy is that during the Reporting Period, we became a member of the Chinese Association for Artificial Intelligence (CAAI), signifying that the Company has been recognized for its core AI R&D technologies and achievements in the financial sector.We explored the all-round empowerment of AI and other frontier technologies to the Company’s product offerings, business operations and operational management. In terms of empowering our product offerings, we launched “FinSphere Agent”, a new-generation conversational stock investing assistant, and “FinSphere Report”, an intelligent investment research product. They provide deep-thinking intelligent conversational investment advisory services and intelligent research report generation and explanation services. We continuously upgraded our digital investment robo-advisor “Jiu Ge”, served approximately 472,000 customers, with total services reaching 32.407 million times, during the Reporting Period. In terms of empowering our business operations, we deployed our “AI Marketing Partners” and “AI Live Replay Summaries” which enabled us to achieve full-process coverage of text generation and pitch recommendations that doubled our communication efficiency. In terms of empowering our compliance management: The Company developed the intelligent compliance management solution 3.0, with which, our “AI Monitoring Officer” has conducted approximately 1.6 billion monitoring tasks and our “AI Inspection Officer” has assisted in over 10 million review tasks, achieving a coverage rate of 98%.We focused on “buyer-side investment advisory” and emphasized the application of our investment research. In the single month of December, our professional stock review programs output an average of approximately 22 shows per day, with a total duration of nearly 13 hours; we engaged active interactions with investors and answered their questions. The average number of inquiries per day exceeded 2,500. Our JF Financial Research Institute has designed more than 218 sets of self-developed signature courses, with a total of more than 1,300 sessions and a total of over 12,000 minutes, further improving the system of providing courses on our Stock Learning Machine.Establishment of quality traffic system to achieve precise expansion of new customer baseWe established quality traffic system and continued to expand our presence on platforms. During the Reporting Period, apart from our established presence on Douyin and WeChat Channels, we explored Kuai and tapped into platforms such as Xiaohongshu and Bilibili, to achieve high accessibility to customers, increase our brand exposure, optimize our live broadcast efficiency and enhance viewers’ experience through short video + live broadcast approach. The live broadcasts lasted over 49,800 hours cumulatively with 26,500 sessions, representing a growth of over 110% from the Corresponding Period. During the Reporting Period, we operated 152 new MCN accounts on different internet platforms. As of December 31, 2024, we had 526 MCN accounts and attracted approximately 50.05 million followers, as compared to approximately 11.15 million followers in the Corresponding Period.At the same period, we actively promoted popular investor education and enhanced brand influence. At the National Investor Protection Publicity Day on May 15, we organized the “Shareholders Are Here” event jointly with Everbright Securities to attract investors’ participation in the education on rational investing through short videos and live broadcasts on all of the Company’s platforms, together with the active promotion by traditional media such as Hubei TV and China Business Network (CBN). As of December 31, 2024, we have exclusively sponsored CBN’s live broadcast of the Berkshire Hathaway Annual Shareholders Meeting for the fifth consecutive year. We produced the live broadcast program “Buffett and Seven Lunches”, which recorded a total online viewership of nearly 227 million.Business outlookThe chairman of the Board and chief executive officer of JF SmartInvest Holdings Ltd, Mr. Chen Wenbin said: "We will adhere to our principles of rational investing, value investing and long-term investing to help customers induce right investing concepts, practice investor education, fulfil corporate social responsibility and commit ourselves to promoting healthy development of the capital market in the long run. Looking forward to 2025, we, as a next-generation stock investing assistant, will continue to strengthen our competitiveness, solidify our market leadership and strive to make investing and wealth management easier yet more professional, and enhance the happiness of investing and wealth management. "About JF SmartInvest Holdings Ltd (Stock Code: 9636)JF SmartInvest Holdings Ltd is a new generation stock investment assistant. The Company is engaged in the provision of equity investment instruments, securities investment advisory, investor education and other services to individual investors. The products include stock quote software, stock learning machine, Stock Navigator, Super Investor and Jiuyao Stocks. The Company adopts the technology + investment research model, develops JF Robo-Advisor, FinSphere Agent, FinSphere Report and other products based on artificial intelligence (AI) and big data technology, which are applied to the industry in terms of innovative practice and scenario application.For enquiries, please contact:Financial PR (HK) LimitedEmail: ir@financialpr.hkTel: 852 2610 0846Fax: 852 2610 0842 Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-04

The India Market Entry Dilemma: What’s Holding Manufacturers Back

Kuala Lumpur/Bangkok/Singapore , Apr 3, 2025 - (ACN Newswire via SeaPRwire.com) - India is emerging as the world’s next manufacturing giant—yet global corporations still stumble at the entrance. Despite its $7.5 trillion growth trajectory, cost advantages, and policy incentives, there are still several obstacles in the way of building a long-lasting presence in India. A recent whitepaper titled “Why Do Global Manufacturers Struggle with India Market Entry” offers a data-driven blueprint for overcoming regulatory, supply chain, and regulatory obstacles in one of the world’s complex but most promising economies.Regional companies aiming to expand into India can find a powerful roadmap in SRKay Consulting Group’s latest release, “Why Do Global Manufacturers Struggle with India Market Entry” This comprehensive publication outlines the key challenges that often derail even the most experienced players—including regulatory red tape, infrastructure hurdles, intellectual property risks, pricing pressures, and workforce acquisition difficulties.The report dives deep into the root causes behind these obstacles, from fragmented supply chains to complex compliance landscapes, and presents a structured, four-pillar India entry strategy. Covering insights across seven key sectors, it serves as an essential guide for manufacturers seeking to build a resilient and scalable presence in the Indian market.Highlights & Strategic Takeaways:A Proven India Market Entry Framework: A four-pillar approach covering research, business setup, supply chain localisation, and long-term growth.Real Success Stories: What global giants like Apple, Hyundai, and IKEA won in India by adapting to local demand and operational realities.Insights for Emerging Market Entrants: UAE and Malaysia-based companies prioritise India’s growth and competitive costs, but face workforce, regulatory, and IP-related hurdles.Digital & Trade Enablers: How UPI, ONDC, and Free Trade Agreements (like CEPA and ECTA) are creating new competitive advantages for manufacturers.“India is not just a big market—it’s a complex one. For Southeast Asian companies, entering India without the right regulatory, supply chain, and cultural game plan is risky. This whitepaper is our answer to help them succeed,” said Alok Kumar, Founder & Managing DirectorThis whitepaper is an essential resource for business strategists assessing market viability or C-suite executives considering expansion to confidently and clearly navigate the India opportunity.Download the Whitepaper NowWhy Do Global Manufacturers Struggle with India Market EntryAbout SRKay Consulting GroupSRKay Consulting Group is a global consulting firm that helps companies expand into emerging markets like India through data-led strategies, market entry advisory, and operational consulting. With deep expertise in regulatory compliance, digital infrastructure, and supply chain localization, SRKay is the trusted partner for Southeast Asian firms entering India.For expert consultation and partnership opportunities, connect with:Komaldeep KaurEmail: Komal@mianext.com  Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-04

Asiaray Achieves Net Profit Turnaround of RMB10.4 Million in 2024

HONG KONG, Mar 31, 2025 - (ACN Newswire via SeaPRwire.com) - Asiaray Media Group Limited (“Asiaray” or the “Group”; stock code: 1993), an established out-of-home (“OOH”) media company with a strategic focus on advertising media management at mass transportation hubs, including airports, metro stations and high-speed rail stations, has announced its annual results for the financial year ended 31 December 2024 (the “Year”). The Group recorded a net profit of RMB10.4 million, compared with a loss of RMB9.9 million in 2023, despite a challenging macroeconomic environment.Mr. Vincent Lam JP, Chairman and Executive Director of Asiaray, said, “I am pleased to report that Asiaray has achieved a turnaround, which not only marks a financial milestone, but also demonstrates our ability to adapt to the evolving market landscape. We have improved operational efficiency by divesting underperforming assets and enhancing retained media resources. We also reacquired operating rights of high-potential media resources at competitive costs and streamlined our operations for better internal control. We continue to leverage our industry expertise to provide creative solutions that empower long-standing clients, especially in the dynamic mass consumption sector, to achieve brand breakthroughs with measurable results, strengthening our network and seizing new opportunities.”For the year ended 31 December 2024, despite a decline in revenue to RMB1,069.2 million due to a decrease in media resource inventory from optimization initiatives, gross profit was RMB306.7 million, with the gross margin improving by 6.8 percentage points from 21.9% in 2023 to 28.7%. Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to RMB593.2 million. As of 31 December 2024, the Group was in a healthy financial position with cash and cash equivalents, including restricted cash amounting to RMB232.5 million, laying a solid foundation for its business recovery.Business ReviewThe Metro Lines and Billboards business recorded revenue of RMB399.6 million, with gross profit of RMB103.8 million and a gross profit margin of 26.0%. For metro operations, the Group leveraged its expertise and market insights to secure more favorable terms when renewing key metro media resources such as Shenzhen Metro, which delivered solid results. Meanwhile, established assets such as Hangzhou Metro performed stably in line with expectations. Additionally, the growing prominence of high-speed rail as a preferred mode of travel has enhanced the advertising value at hubs such as Hong Kong’s West Kowloon Station and Kunming Railway Station, supported by steady passenger flows and the Group’s business synergies derived from the resources in the Greater China region. The billboard business continued to improve through the diversification of media formats, including the gradual improvement of billboard effectiveness through tailored adjustments.As for the performance of the Airports business, it recorded segment revenue of RMB358.3 million, gross profit of RMB124.5 million and a gross profit margin of 34.8%, representing a year-on-year increase of 8.2 percentage points. The improvement in profitability was driven by the optimization of the Group’s airport media portfolio through continuous resource rationalization, including the regained advertising and media contracts for Haikou Meilan International Airport, for which costs were substantially reduced. While the full operational restructuring is still ongoing, encouraging progress was made during the Year, confirming the effectiveness of the current strategy to improve returns.Regarding the Bus and Other businesses segment, it recorded revenue of RMB311.4 million, gross profit of RMB78.4 million and a gross profit margin of 25.2%, a year-on-year increase of 14.3 percentage points. By formally terminating underperforming contracts in the second half of the year, this segment streamlined operations and enhanced efficiency, resulting in a return to stable performance.During the Year, the Group continued to leverage its industry-leading Outdoor and Online (“O&O”) New Media Strategy and Digital Out-of-Home Plus (“DOOH+”) platform, earning 45 accolades from influential industry platforms for innovative campaigns. The group has fully leveraged its deep market insights, decades of expertise, and economies of scale, combining creativity to connect brands with audiences while prioritizing efficiency, rapid execution and cost-effectiveness. Notable projects included a collaboration with a globally renowned beverage brand, which was awarded the OOH Contextual Marketing Award[1]. The Group redesigned a subway station using the brand’s signature colors, transforming the space into a vibrant brand showcase. Coinciding with the buzz around the Paris Olympics, the campaign incorporated athletic track motifs and Olympic ring installations to amplify the theme of “cheering for athletes”. In Hong Kong, the Group won the prestigious IAI Awards[2] by reimagining bus stops for an international beer brand, integrating atmospheric lighting to create an immersive nighttime experience that offered pedestrians a fresh perspective.On the supply side, the Group strengthened its partnership with programmatic advertising leaders such as The Trade Desk, Hivestack by Perion and Vistar Media, seamlessly connecting its premium OOH media resources with global advertisers seeking precise, data-driven advertising solutions. For example, a telecom brand targeting tech-savvy, data-heavy mobile users leveraged the Group’s media resources across Singapore’s Thomson-East Coast Line via programmatic platforms. Coupled with the Group’s Weather Triggering technology, creatives dynamically switched between “sunny” and “rainy” versions based on real-time weather to complete the offline-to-online cycle, enabling the brand to chase away the rainy day blues by offering customers free data whenever it rained in Singapore. This real-time customization boosted engagement by aligning incentives with immediate scenarios, adding interactivity and playful relevance. These efforts not only enriched urban visual landscapes but also demonstrated the strategic balance between innovative impact and operational agility.ProspectsLooking ahead to 2025, supported by the Chinese government’s initiatives to boost domestic consumption, the Group aims to strengthen its partnership with sectors aligned with current consumption patterns. By harnessing its strategically located media resources across airports, metro systems, and high-speed rail networks, the Group will continue to deliver campaigns that link brand objectives with consumer trends, enabling the creation of targeted and innovative advertising solutions designed to broaden revenue streams and strengthen market position.For the longer term, the Group remains committed to refining its internal control and adopting prudent financial practices that mitigate risk and allow it to navigate the evolving business landscape. Meanwhile, the Group will continue to optimize its media portfolio through long-standing partnerships with major media resource owners, enhancing profitability while maintaining operational efficiency. These initiatives will be supported by organizational restructuring to better align with ever-changing market demands and opportunities.Mr. Lam concluded, “The year 2024 has highlighted a fundamental truth: challenges, when met with clarity and determination, can become catalysts for new beginnings. Innovation remains at the heart of our strategy as we push the boundaries of advertising technologies, optimizing campaigns and turning insights into impact. Building on our leadership in Greater China’s transport advertising sector, we will expand cross-media solutions that connect brands with evolving consumer demands. Leveraging our agility, deep market expertise, and strategic foresight, Asiaray will continue to turn industry shifts into opportunities, delivering long-term value for shareholders and stakeholders while reinforcing our legacy of resilience and innovation.”About Asiaray Media Group Limited (stock code: 1993.HK)Established in 1993, Asiaray is an out-of-home media company in Greater China with a strategic focus on managing mega transport advertising media, including airports, metro lines, and high-speed rail lines. As of now, the Group’s business network spans nearly 40 cities in Greater China, with advertising media resources available at over 24 airports (including exclusive concession rights at 22 airports); providing exclusive advertising media resources in a total of 15 metro lines, including the Singapore Thomson-East Coast Line (TEL), and a total of16 high-speed rail line and railway stations, including the High-Speed Rail Hong Kong West Kowloon Station and the China-Laos Railway (Yumo Line). Additionally, the Group has been granted exclusive advertising media resources at the Hong Kong-Zhuhai-Macao Bridge (Zhuhai Port), as well as on KMB and LWB bus shelters. In recent years, the Group has actively engaged in programmatic advertising transactions with various ad-tech partners such as Google, Hivestack by Perion and The Trade Desk.Asiaray is also dedicated to investing in corporate social responsibility and environmental protection initiatives. The company has received the “Hong Kong Green Organisation” award and has been recognised as a “Caring Company”.For more detailed information about Asiaray, please visit its official website: www.asiaray.com or follow the Group’s WeChat official account via the QR code provided (ID: asiaray_airport˜).[1] The OOH Contextual Marketing Award serves as an industry benchmark and has been held for nine consecutive years. It aims to identify outstanding cases that best represent the innovative spirit and communication value of OOH contextual marketing from numerous entries, thereby driving industrial development. Recognized as one of the most authoritative awards in China’s advertising sector, it maintains rigorous evaluation standards and systematic selection mechanisms.[2] The renowned IAI AWARDS was founded in 2000, co-organized by the China Advertising Association of Commerce and the School of Advertising of Communication University of China. Its jury panel of around 200 members includes influential figures from the academic, advertising, corporate, and media sectors, demonstrating its high recognition in the industry. Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-04

Doubleview Gold Corp 2025 Exploration Program

Vancouver, BC, Apr 2, 2025 - (ACN Newswire via SeaPRwire.com) - Doubleview Gold Corp. (TSXV:DBG)(OTCQB:DBLVF)(FSE:1D4) (the "Company" or "Doubleview") is pleased to share its plans for the upcoming 2025 exploration season for its 100% owned BC projects. Based on the Company's successful 2024 exploration season, which included publishing the Hat Project's maiden resource estimate (‘MRE V1'), exceptional high-grade drill results from its 10,000m drill program (please see the Company's news release from February 05, 2025) and the recently announced collaboration of the Company with Her Excellency Sheikha Sara Nasser Al-Thani of Qmission of Qatar (please see the Company's news release from March 05, 2025), Doubleview is readying its field crews for the upcoming field season.Hat Project - 2025 Program of WorkDoubleview is setting out to continue building on its exploration success at its polymetallic Hat Project. The 2024 drill results have provided important information which is supporting the Company's geological team in understanding the evolution of, and ultimately the entire Hat Deposit ("Hat" or "Deposit") system. The goals of the upcoming drill season are to continue to expand and build the resource to higher levels of confidence, to test newly identified targets to the northwest and east of the Deposit, and to find the source of the system that created the Hat Deposit.Details for the environmental sampling program are currently being finalized. Doubleview's intensions are to implement this work to fulfill regulatory requirements necessary towards further development of the Hat Project. The Preliminary Economic Assessment ("HAT PEA") with an updated Mineral Resource Estimate ("HAT MRE 2.0") is steadily progressing as expected.President & CEO Farshad Shirvani states: "After achieving several milestones for the Hat Project, it is time to continue its development. Our field crew, technical team and I are excited about the newly acquired information which will guide this year's efforts. Our goals are to find the porphyry system's source, to further advance the integrity of the resource estimate categories, to continue advancing environmental work and building stakeholder relationships. There are less than 90 drill holes at the Hat Project, and we have been able to show tremendous results. At the same time, it is very clear that there are many more opportunities to enhance the Hat Deposit that our team is eager to explore." Mr. Shirvani added: "The Company is continuing its dialogue with Her Excellency Sara Nasser Al-Thani of Qmission of Qatar to build a strong relationship to explore optimal opportunities for both sides. With the worldwide growing attention on critical minerals, by governments and major mining companies alike, we believe that the Company is a great position."Red Spring - 2025 Exploration ProgramPart of Doubleview's portfolio of projects is Red Spring, which is located in central BC, Canada. It is a copper-silver-gold project which in recent exploration programs showed elevated zinc values. With copper and zinc being elements that are listed as Critical Minerals by the Canadian Government, the Red Spring project merits a well-tailored exploration program. For this season an extensive ground IP program is planned which will be followed-up by drilling based on the IP results. The goal of the exploration program is to build on existing data and together with the new results, narrow down the potential deposit type. Currently the two potential deposit types in focus for the project are sediment hosted copper-silver deposits and Eskay Creek type deposits.Doubleview maintains a website at www.doubleview.ca.Qualified Persons:Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.About Doubleview Gold CorpA mineral resource exploration and development company is headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX-Venture Exchange (TSXV:DBG)(OTCQB:DBLVF)(WKN:LA1W038), and (FSE:1D4). Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects-collectively critical minerals-utilizing cutting-edge exploration techniques.Doubleview's success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company's strategic initiatives. Doubleview looks forward to further collaborative growth and development, and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.About the Hat Polymetallic DepositThe Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region's significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company's July 25, 2024, news release, is summarized below:Average Grade Metal ContentOpen Pit Model Hat Resource Category Tonnage CuEq Cu Co Au Ag CuEq Cu Co Au AgMt % % % g/t g/t million lb million lb million lb thousand oz thousand ozIn Pit Indicated 150 0.408 0.221 0.008 0.19 0.42 1,353 733 28 929 2,045Inferred 477 0.344 0.185 0.009 0.15 0.49 3,619 1,945 91 2,328 7,575Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3.*- Copper Equivalent (CuEq) currently does not include the Scandium- Metal equivalents should not be relied upon for future evaluations.- Parameters used to calculate Copper Equivalent: Au price (US$/oz): 1900; Ag price (US$/oz): 24; Cu price (US$/lb): 4; Co price (US$/lb): 22. Au recovery: 89.0%; Ag recovery: 68.0%; Cu recovery: 84.0%; Co recovery: 78.0%. * Copper Equivalent Calculation CuEq in % = ([Ag grade in ppm] *24*0.68/31.1035 + [Au grade in ppm] *1900*.89/31.1035 + 0.0001* [Co grade in ppm] *22*0.78*22.0462 + 0.0001* [Cu grade in ppm] *4*0.84*22.0462)/(4*22.0462*0.84).For further details, please refer to the Company's July 25, 2024 news release.On behalf of the Board of Directors,Farshad Shirvani, President & Chief Executive OfficerFor further information please contact:Doubleview Gold CorpVancouver, BC Farshad ShirvaniPresident & CEOT: (604) 678-9587E: corporate@doubleview.caNEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.SOURCE: Doubleview Gold Corp. Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-03

Innovation Beverage Group Expands U.S. Distribution of its Award-Winning Bitters Through One of the Nation’s Largest Beverage Alcohol Distributors

SEVEN HILLS, AUSTRALIA, Apr 2, 2025 - (ACN Newswire via SeaPRwire.com) - Innovation Beverage Group Ltd ("IBG" or the "Company") (Nasdaq:IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, announced today it has signed a distribution agreement with Republic National Distribution Company ("RNDC"). IBG's Australian Bitters Company and BITTERTALES brands will be distributed by RNDC in six states: California, Oregon, Washington, Hawaii, Arizona, and Michigan."We are very pleased to partner with RNDC, one of the top distributors in the U.S. in our category. Their distribution reach is vast and their product expertise and executional excellence are ideal to promote the expansion of our award-winning bitters brands in the U.S.," stated IBG's Chairman and Interim CEO Sahil Beri. "Having recently achieved 45% market share in cocktail bitters in Australia, we are eager to gain similar momentum in the U.S."With roots extending before Prohibition, RNDC is one of the U.S.'s leading wholesale beverage alcohol distributors specializing in wine and spirits. Operating in 39 states across the U.S. and the District of Columbia, RNDC is ranked #46 on Forbes's list of America's Top Private Companies, with $11 billion in revenues.IBG's flagship product, Australian Bitters Company, hand crafted in small batches in Australia from the finest natural botanical herbs and spices, won the Gold Medal at the Los Angeles Spirts Awards in 2018. BITTERTALES, the Company's premium cocktail brand, won Best in Show and a Platinum Medal at the 2020 LA Spirits Awards, and a Gold Medal at the 2018 and 2021 LA Spirits Awards. IBG's bitters brands are produced at its state-of-the-art U.S. FDA and GMP certified facility in Australia and shipped worldwide.About Innovation Beverage GroupInnovation Beverage Group is a developer, manufacturer, marketer, exporter, and retailer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands for which it owns exclusive manufacturing rights. Focused on premium and super premium brands and market categories where it can disrupt age old brands, IBG's brands include Australian Bitters, BITTERTALES, Drummerboy Spirits, Twisted Shaker, and more. IBG's most successful brand to date is Australian Bitters, which disrupted a 200-year-old market leader, giving the Company a market dominating position in several territories including a partnership in Australia with Coca-Cola Europacific Partners. Established in 2018, IBG's headquarters, distillery, innovation, and manufacturing facility are located in Sydney, Australia with a U.S. sales office is located in New Jersey. For more information visit: https://www.innovationbev.com/Forward Looking StatementThis press release contains "forward-looking statements" and "forward-looking information." This information and these statements, which can be identified by the fact that they do not relate strictly to historical or current facts, are made as of the date of this press release or as of the date of the effective date of information described in this press release, as applicable.The forward-looking statements herein relate to predictions, expectations, beliefs, plans, projections, objectives, assumptions, or future events or performance (often, but not always, using words or phrases such as "expects," "anticipates," "plans," "projects," "estimates," "envisages," "assumes," "intends," "strategy," "goals," "objectives" or variations thereof or stating that certain action events or results "may," "can," "could," "would," "might," or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) and include, without limitation, statements with respect to projected financial targets that the Company is looking to achieve.All forward-looking statements are based on current beliefs as well as various assumptions made by and information currently available to the Company's management team. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections, and other forward-looking statements will not be achieved or that assumptions do not reflect future experience. We caution any person reviewing this press release not to place undue reliance on these forward-looking statements as several important factors could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates, assumptions, and intentions expressed in such forward-looking statements. These risk factors may be generally stated as the risk that the assumptions and estimates expressed above do not occur.The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by Company or on behalf of the Company except as may be required by law.Contact:TraDigital IRJohn McNamara917-658-2602John@tradigitalir.comSOURCE: Innovation Beverage Group Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-03

Expert Systems Expands Managed Services Offerings

HONG KONG, Apr 2, 2025 - (ACN Newswire via SeaPRwire.com) - Expert Systems Holdings Limited (“Expert Systems” or the “Group”; Stock Code: 8319), a leading information technology and innovation company in the Asia-Pacific region, has announced the expansion of its managed services offerings with the introduction of its Network Operations Center (“NOC”) and Security Operations Center (“SOC”).In response to the growing complexity of networks and the increasing frequency of cybersecurity incidents, ServiceOne International Holdings Limited (“ServiceOne”), a subsidiary of Expert Systems, is expanding its managed services offerings with the introduction of an AI-powered NOC and SOC. Scheduled for launch in April 2025, the new NOC and SOC will operate in Guangzhou, co-located with one of the Group’s existing service desk centers. These new centers are designed to provide seamless 24/7 service delivery and comprehensive regional coverage across the Asia-Pacific region, enhancing the management of customers’ network and security infrastructure.“The launch of our AI-powered NOC and SOC represents a significant step forward in our mission to deliver innovative, reliable, and secure IT solutions to our clients,” said Mr. Andy Lau, CEO and Executive Director of Expert Systems. “Backed by a highly skilled team of certified professionals, we ensure top-tier operational expertise and excellence. Our collaborative synergy across AI, sales, and marketing domains fosters a unified and innovative approach to service delivery, enabling us to effectively address the growing challenges of network complexity and cybersecurity threats.”Proven Expertise and Comprehensive Managed Services CoverageBuilding on a strong legacy of ServiceOne’s excellence and multi-industry experience, its managed services business is uniquely positioned to deliver tailored solutions that meet the diverse and evolving needs of its clients. With a proven track record of managing complex IT environments across multiple industries in both the public and private sectors, the Group brings deep domain expertise and a customer-centric approach to its managed services offerings. In addition to the NOC and SOC, ServiceOne provides a comprehensive suite of managed services, including hosting services and application management services (AMS). These offerings are designed to meet the growing demands of modern businesses, ensuring seamless integration, scalability, and operational efficiency. Whether it’s managing cloud infrastructure, optimizing application performance, or ensuring robust cybersecurity, ServiceOne delivers end-to-end solutions that enable businesses to focus on their core objectives.AI-Driven Operations and FinOps for Greater EfficiencyAt the core of the new NOC and SOC is a robust stack of advanced security and monitoring tools, enabling the implementation of artificial intelligence for IT operations (AIOps). This cutting-edge integration leverages machine learning algorithms to identify and mitigate threats in real time, while intelligent noise reduction filters out irrelevant alerts, allowing IT teams to focus on critical issues and reducing alert fatigue. Improved threat detection accuracy minimizes false positives, and automated recovery processes ensure swift incident response, reducing downtime and improving operational resilience. These AI-driven capabilities and tooling enhancement not only boost the efficiency of the NOC and SOC, but also significantly strengthen clients’ overall security posture, providing proactive protection against emerging cyber threats.At the same time, ServiceOne has introduced FinOps solutions to address the growing complexity of cloud environments and the need for financial accountability. This innovative approach offers clients clear visibility into cloud spending and resource utilization, enabling informed decision making. Through intelligent recommendations, FinOps optimizes cloud resource usage, reducing waste and improving cost efficiency. By aligning IT investments with business outcomes, ServiceOne ensures that clients achieve superior financial performance while maximizing the return on their IT investments.Mr. Lau concluded: "As a regional player, our managed services business is distinguished by its clear service catalogue approach and an unwavering commitment to delivering value-driven solutions. By embracing environmental, social, and governance (ESG) principles, we are leveraging innovative technologies to drive sustainable and responsible business practices in line with the evolving expectations of our clients and stakeholders. As businesses across the Asia-Pacific region continue to navigate the complexities of digital transformation, we remain committed to providing future-ready solutions that drive growth, resilience, and innovation. The launch of the NOC and SOC, coupled with our expanded managed services offerings, reinforces the Group’s position as a trusted partner for businesses looking to thrive in an increasingly interconnected and digital world.”About Expert Systems Holdings Limited (Stock code: 8319)Established since 1985, Expert Systems Holdings Limited (“ESHL”) is a leading information technology and innovation company which operates under the brands “Expert Systems”, “ServiceOne” and “Expert AI Enabling” with around 1,000 IT professionals. We are principally engaged in the provision of IT infrastructure solutions, IT infrastructure management services, and in the development and provision of AI products and AI solutions for corporate and institutional customers in the Asia-Pacific region. For more information, please refer to ESHL's website: https://www.expertsystems.com.hk/.Media Inquiries:Strategic Financial Relations LimitedHeidi SoTel: (852) 2864 4826Email: heidi.so@sprg.com.hkRachel KoTel: (852) 2114 2370Email: rachel.ko@sprg.com.hkMaggie KoTel: (852) 2864 4890Email: maggie.ko@sprg.com.hkWebsite: www.sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-03

Local designer brands featured at ‘Fashion Hong Kong Pop-up Salon’ in Milan

HONG KONG, Mar 31, 2025 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) launched its inaugural "Fashion Hong Kong Pop-up Salon" in Milan, Italy, introducing the unique creations of some of Hong Kong’s top designers to the global fashion industry. The pop-up store ran at Milan's Corso Garibaldi from 7 to 30 March to showcase works from Hong Kong designer brands, including pieces from four brands that participated in the Fashion Hong Kong London Fashion Show in February, presenting European buyers with consumers designs with a distinctive Hong Kong style, covering fashion, accessories, footwear, and lifestyle products.Various events were held over the period of the Milan pop-up. Supported by the Hong Kong Economic and Trade Office in Brussels, a cocktail reception on 13 March attracted more than 100 Milan-based fashion buyers, media representatives, bloggers and industry insiders. Some of the designers shared their brand stories and product concepts with local media and buyers, enhancing the exposure for Hong Kong brands in the European market and helping to foster cultural and trade exchanges between industry participants from Milan and Hong Kong.  Hong Kong brands showcased in MilanHong Kong fashion brands participating in the Milan pop-up store showcased a range of quality designs, including men's and women's fashion apparel, handbags, accessories and lifestyle products. Maverick & Co. offers a selection of high-quality backpacks and briefcases, showcasing practical aesthetics. DEROR JEWELLERY, La Serenidad, and Love by the Moon each have unique styles, creating exquisite and delicate jewellery pieces. SOULMATTE uses sustainable materials to create women's handbags that combine eco-friendliness and fashion, FEMANCE showcases its signature streamlined handbags, while JARDIN DES FONTAINES brings together adorable and refined fabric bags and scarves. IZSEL offers a fashionable and practical series of rain boots. morphil's eyewear designs combine lightweight materials with classic styles. Get the Pong presents coffee and tea sets that blend functionality and artistry, adding a touch of sophistication to everyday life. And KnitWarm, with its patented technology, skilfully incorporates conductive silver fibre yarns into soft, breathable fabrics to create warming textiles with efficient heat conduction. In addition, four Hong Kong fashion designers who had previously participated in London Fashion Week, including Angus Tsui (brand: ANGUS TSUI), Bettie Jiang (brand: Bettie Haute Couture), Ricky Wong (brand: RICKYYWONG), and Nathan Moy (brand: Z I D I), showcased their striking clothing collections at the Milan pop-up.Crafts on Peel, meanwhile, presented a handmade bamboo console table and a mahjong box crafted from rich mahogany, showcasing the beauty of traditional Hong Kong design and craftsmanship.The business exchange tour from 12 to 14 March was organised by Fashion Hong Kong. Representatives from the Hong Kong brands participating in the Milan pop-up store visited key retail destinations in the city, including La Rinascente Department Store, Orlando Design Gallery and Scalo Milano Outlet, to gain a deeper understanding of the local retail market. In addition, meetings with representatives from the Italian Trade Agency, the Italian Chamber of Fashion Buyers and the ADI Museum were arranged to discuss development trends in the Italian and broader European markets.Fashion Hong Kong returns to ShanghaiFashion Hong Kong has been actively promoting Hong Kong’s diverse designer brands on the global stage since 2015, with a footprint that includes fashion hubs such as New York, London, Paris, Copenhagen, Tokyo, Seoul and Shanghai. Coinciding with Shanghai Fashion Week, which kicked off earlier this week, Fashion Hong Kong is running a pop-up store at the city’s HKRI Taikoo Hui shopping mall from 28 March to 6 April. Featuring collections from seven Hong Kong fashion brands, the temporary outlet will give the brands exposure in Shanghai and help them expand in the domestic market.WebsitesFashion Hong Kong: https://fashionhongkong.com.hk/enPhoto download: https://bit.ly/4kIhte6The Hong Kong Trade Development Council (HKTDC) launched its inaugural "Fashion Hong Kong Pop-up Salon" in Milan, Italy, introducing the unique creations of some of Hong Kong’s top designers to the global fashion industrySupported by the Hong Kong Economic and Trade Office in Brussels, a cocktail reception on 13 March attracted more than 100 Milan-based fashion buyers, media representatives, bloggers and industry insidersSome of the designers shared their brand stories and product concepts with local media and buyers, enhancing the exposure for Hong Kong brands in the European market and helping to foster cultural and trade exchanges between industry participants from Milan and Hong Kong  Hong Kong fashion brands participating in the Milan pop-up store showcased a range of quality designs, including men's and women's fashion apparel, handbags, accessories and lifestyle productsThe business exchange tour from 12 to 14 March was organised by Fashion Hong Kong. Representatives from the Hong Kong brands participating in the Milan pop-up store visited key retail destinations in the city, to gain a deeper understanding of the local retail marketMedia enquiriesPlease contact the HKTDC's Communications and Public Affairs Department:Stanley SoTel: (852) 2584 4049Email: stanley.hp.so@hktdc.orgSnowy ChanTel: (852) 2584 4525Email: snowy.sn.chan@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.

2025-04-03

3rd Future Cross Border Payments Summit, Dubai 2025: Trends Shaping the Future of Payments

DUBAI, UAE, Apr 2, 2025 - (ACN Newswire via SeaPRwire.com) - The 3rd Future Cross Border Payments Summit (FXB Payment Summit 2025), Hosted by Fintership and managed by INOEX EVENTS LLC, is set to take place on 15 April 2025 in Dubai. This flagship event will bring together industry leaders, fintech innovators, regulatory experts, and technology providers to explore the transformative trends shaping the future of cross-border payments.  Supported by Foreign Exchange and Remittance Group (FERG), UAE Banks Federation (UBF), and Al Etihad Payments the summit promises to be a dynamic gathering, fostering collaboration and driving forward the future of financial connectivity.As the global payments landscape continues to evolve at an unprecedented pace, the FXB Payment Summit 2025 will serve as a critical platform for addressing the challenges and opportunities in the industry. With themes ranging fromFuture payments landscape - Rapid digital transformation is reshaping payment ecosystems, driving the shift toward instant, seamless, and borderless transactions.Compliance & AML - Strengthening anti-money laundering measures remains a priority as financial institutions balance innovation with regulatory obligationsRegulatory advancements - Governments and central banks are adapting policies to enhance financial transparency and security while fostering fintech innovationFraud risks - The rise of digital transactions brings evolving fraud threats, necessitating robust cybersecurity and AI-driven fraud detection solutionsGrowing fintech ecosystem - Fintech innovations are revolutionizing payments, enhancing financial inclusion, and creating new opportunities for collaborationThe summit will deliver actionable insights and foster collaboration among key stakeholders. “The payment industry is reshaping its position with adaptation of technologies and AI , along with remittance industry which embraces the technology by innovation and providing seamless , frictionless and instant cross boarder remittances.The whole business model and the customers experience are evolving toward a different benchmark, specially with evolving acceptance of CBDC and stable coins.FERG is in the forefront to explore all the latest emerging trends to ensure the competitive advantage of its members and their ability to navigate through such dynamic markets. FXB is one of those well recognized platforms that allow all to explore and gain real insights from practitioners in the industry.” Said Osama Al Rahma, Chairman of Foreign Exchange and Remittance Group (FERG)The event will feature presentations, dynamic panel discussions, fireside chats, and interactive Q&A sessions, covering latest innovations and trends in cross-border payments. A diverse lineup of representatives from both public and private sectors will participate, including Al Maryah Community Bank, RAK Bank, ICICI Bank, Mashreq Bank, Dubai Police, Al Fardan Exchange, BitOasis, Lulu Financial Holdings, H.H. Ruler's Court of Dubai, among many other high-profile organisations.“The global economy is witnessing unprecedented changes and accelerated developments that impact all industries and the banking and financial sector is not an exception. Adopting advanced technologies in payments is key to driving economic growth, enhancing financial inclusion, and boosting efficiency. However, we need to strike the right balance between keeping pace with the latest technologies to meet the growing demands of our customers and complying with regulations, ensuring security, transparency, and trust in the financial system. As the sole representative and unified voice of UAE banks and FIs, UBF works closely with Central Bank of the United Arab Emirates (CBUAE) and all stakeholders including UBF members like banks and FERG, all of whom are under the direct supervision of Central Bank of the UAE, to develop and implement payment solutions further and enhance socio-economic development,” said Jamal Saleh, Director General, UAE Banks FederationWe are thrilled to present an exceptional lineup of speakers who will discuss progress in payments industry, address compliance challenges, and the Banks, Exchange Houses and Fintech pivotal role in these efforts. The summit will also explore topics such as digital shift with technology, cloud, RPA, cybersecurity and other critical issues shaping our industry.To register for the Summit, visit https://fxbsummit.com/register/About the Future Cross Border Payments SummitThe FXB Summit is a premier global event dedicated to advancing the cross-border payments industry. Managed by INOEX EVENTS LLC, the summit brings together key stakeholders to discuss the latest trends, challenges, and opportunities in the payments ecosystem.For more information, please contact:INOEX EVENTS LLCEmail: Parul@inoexglobal.comPhone: +971 55 215 9280Register Now:Don’t miss this opportunity to be part of the future of cross-border payments. Register today at https://fxbsummit.com/register/ Copyright 2025 ACN Newswire via SeaPRwire.com.

2025-04-02