TURBO set to accelerate growth following its first SET trading day ACN Newswire

TURBO set to accelerate growth following its first SET trading day

Increasing the number of branches, developing new financial products, expediting its loan portfolio expansion: Turbo's aim is to become a leading retail financial services provider.BANGKOK, Oct 1, 2025 - (ACN Newswire via SeaPRwire.com) - Ngernturbo PCL (TURBO), a retail financial service provider, is set to drive its growth following the Company’s first day of trading on the Stock Exchange of Thailand (SET: TURBO). TURBO highlights the exponential growth in its loan portfolio, surmounting all economic hurdles for profitability exceeding the industry average. The Company is also determined to expand its branch network to at least 1,457 locations by 2029, in parallel with the development of new financial products and services. This plan is expected to further enhance the Company’s overall loan portfolio and contribute to continued growth. The objective for TURBO is to become a leading national retail financial service provider.Mr. Sutach Ruangsuttipap, CEO of TURBO, remarked, "While the Company's shares began trading on the Stock Exchange of Thailand (SET) on Sept 30, in the FIN (Financial & Securities) Sector, and the FINCIAL (Financial) industry group under the symbol 'TURBO', the listing follows a successful IPO (initial public offering) of 537 million shares at 1.50 baht per share, which attracted overwhelming interest from both institutional and retail investors. This success reflects confidence in TURBO's business operations and growth potential, which will make us one of the most sought-after stocks upon listing."Following the SET listing, TURBO aims to build on its success, becoming a leading national retail financial service provider, and achieving strong growth through several key strategies. 1. Building the brand as the No.1 choice for customers, with the emphasis on speed, convenience, and quality of service to ensure a high level of customer satisfaction and word-of-mouth referrals. 2. Developing the Company’s IT systems. TURBO maintains a strategy of building on its in-house technology team which can quickly develop specific IT systems most suitable for the organization. The Company prioritizes the adoption of artificial intelligence (AI) technologies to enhance efficiency in every work process. 3. Enhancing customer convenience by expanding branch coverage nationwide, with the aim of establishing no less than 1,475 branches by the year 2029. The plan is to develop better access to comprehensive financial products to ensure more extensive coverage. 4. Developing a diverse range of products to meet the differentiated needs of customers, such as increasing the types of loan collateral, expanding insurance product lines, and increasing the number of insurance partners, etc.“I am confident that after our listing on the SET, TURBO will achieve stronger growth and generate more sustainable returns for shareholders, driven by customer-centric financial services, customer satisfaction, word-of-mouth referrals, together with the use of specially developed IT systems. All these processes will help to ensure that TURBO will be able to quickly adapt to any situation and maintain low operating costs in the long term,” Mr. Sutach added.In 2023 and 2024 fiscal years, the Group's total revenues were 2,430.7 million baht and 3,033.2 million baht. That translated into a 24.8% increase, with net profits of 131.7 million baht and 141.6 million baht, a 7.5% annual increase.For the first six months (January - June) of 2025, combined revenue reached 1,517.6 million baht, a 3.7% increase, and net profit was 235.9 million baht, or a 285.8% increase compared to the previous year. As of June 30, 2025, the net interest margin was 19.8%, higher than the industry average(1) of 15.1%. Moreover, the net income after deducting expected credit losses to net loan receivables averaged 21.8%, higher than the industry average of 18.0%.Mr. Paiboon Nalinthrangkurn, CEO of TISCO Securities Co Ltd, the lead-underwriter, and representative of TISCO Bank PCL, stated that TURBO has high growth potential, driven by the non-financial institutional retail loan market scenario, which has grown significantly from 220 billion baht in 2018 to 630 billion baht in Q1 2025. This is equivalent to an compound annual growth rate (CAGR) of 18.6%, higher than the commercial bank personal loan market which grew from 170 billion baht to 220 billion baht during the same period, or a CAGR of 4.5%. This reflects the continued growth in demand for retail loans from middle- to low-income customers who have limited or no access to commercial financial services, and make up a large segment of the population.Positive factors across the industry are also driving TURBO’s growth in interest from loans, its core business, to annual returns of 40.8% from 2022 to 2024, while the Group’s revenue from insurance brokerage and life insurance brokerage grew 54.3% annually from 2020 to 2024. The Company’s strong foundation and solid long-erm growth potential will enable TURBO to become a quality stocks in the Thai capital market.Mr. Pongsak Phrukpaisal, Managing Director of Kasikorn Securities PCL, the lead-underwriter, said he was confident that TURBO would be a growth stock that generates returns for investors. This is attributable to the Company’s quick and convenient services, customer empathy, and the team comprised of new generation of professionals with expertise in finance and digital technology. The Company utilizes technology to drive the organization in every process for efficient operations, resulting in impressive results and a high 20.7% word-of-mouth referral rate among customers. This led to exponential growth in the loan portfolio of 31.5% per year between 2020 and Q2 2025. Furthermore, the Company has the opportunity to expand its loan portfolio significantly despite being a relatively new operator with an average branch age of only 4.1 years.(1) A group of 5 SET-listed industry operators.Press release by MT Multimedia Co Ltd for Ngernturbo PCL.For more information: Pipop 'Top', MT MultimediaT: +66 81 929 8864, E: pipop.k@mtmultimedia.comNgernturbo PCL (SET: TURBO, SET-R:TURBO, SET/F:TURBO), https://www.turbo.co.th. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Taipei City Showcases AI Innovation and Smart City Leadership at Tech Week Singapore 2025 ACN Newswire

Taipei City Showcases AI Innovation and Smart City Leadership at Tech Week Singapore 2025

TAIPEI, TAIWAN, Oct 1, 2025 - (ACN Newswire via SeaPRwire.com) - Taipei City will spotlight its dynamic AI ecosystem at Tech Week Singapore 2025, held from 8–9 October. The city is recognised for its “Three Arrows of AI” strategy, which sets guidelines for AI use, strengthens digital infrastructure, and promotes public-private collaboration. Taipei’s participation highlights its role as a leading hub for technology and innovation in Taiwan.The Taipei delegation will feature 12 exhibitors, including D8AI Inc., DeepMentor Inc., Graphen Taiwan Inc., Ubestream Inc., Noetiq, ARPlanet Digital Technology, King Ning International, Datavideo Technologies, Galaxy Software Services (GSS), Systex Corporation, IBASE Technology, and Kunyou Technology. Each presents technologies that reflect Taiwan’s ambition to be a global hub for artificial intelligence.Visitors can expect demonstrations of AI-powered industry applications, enterprise solutions and advanced mobility systems. Together, these showcases highlight how Taipei connects startups, universities, and global companies to turn innovation into real-world impact.“Taipei’s strength lies not only in its technology but in how we apply AI responsibly to improving quality of life, guided by clear AI policies and ethical standards,” said Dean Chang, Specialist, Taipei City Government Hi-Tech Promotion Center, Department of Economic Development (DOED). “By showcasing our AI ecosystem at Tech Week Singapore, we aim to deepen collaboration with international partners who share our vision for sustainable and human-centric AI.”Beyond the exhibition, Taipei has also established global partnerships with companies including Google, Microsoft, and NVIDIA, and collaborates with universities like Penn State and organisations such as the American Institute in Taiwan. These initiatives strengthen Taipei’s role as a trusted hub for international investment and innovation while encouraging sustainable technology solutions with tangible benefits for businesses and communities.With strong support from government, academia, and venture capital, Taipei is positioning itself as a trusted partner for international collaboration in AI. Tech Week Singapore offers a platform for Taipei companies to explore partnerships, expand into regional markets, and co-develop solutions with global stakeholders.About TAITRAFounded in 1970, the Taiwan External Trade Development Council (TAITRA) is Taiwan’s foremost nonprofit trade promotion organization. Backed by the government, industry associations, and major commercial groups, TAITRA supports Taiwanese companies in expanding their global reach through exhibitions, trade missions, market intelligence, and networking. Headquartered in Taipei, TAITRA operates a global network of more than 60 offices worldwide.Media contact:Pr@ellerton.sg Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Internexa Launches PoP at HostDime’s Bogota, Colombia Data Center ACN Newswire

Internexa Launches PoP at HostDime’s Bogota, Colombia Data Center

Bogota, Colombia, Sept 30, 2025 - (ACN Newswire via SeaPRwire.com) - HostDime, a global hyper-edge data center company, announced that InterNexa - one of the largest IP networks and fiber operators in Colombia - has deployed a Mega PoP inside HostDime's Tier IV certified data center in Bogotá, codenamed Nebula.InterNexa operates a 32,000+ km fiber optic network throughout Colombia, and with its backbone now on-net, Nebula is established as a premier interconnectivity hub. The facility provides fiber carriers, cloud providers, content providers, AI workloads, ISPs, OTTs, peering exchanges, and enterprises with ultra-low latency, high-capacity access into the Colombian market. This positions Nebula as one of the most interconnected data centers in the country. Customers in Nebula can now seamlessly tap into InterNexa's network, while InterNexa's clients gain access to Nebula's next-generation Tier IV infrastructure to expand in Colombia.This alliance also connects HostDime's 70,000-square-foot, purpose-built Tier IV hyper-edge data center directly to InterNexa's ecosystem of 16 facilities. By leveraging InterNexa's redundant ring topology and major peering points, HostDime clients in Nebula gain an advantage through direct connectivity into InterNexa's network for accelerated content and workload delivery."Having InterNexa on-net is a major milestone for HostDime Colombia and Colombia's digital infrastructure. When we set out to build Nebula, our vision was to create next-gen digital infrastructure that would foster partnerships like this - building an ecosystem that benefits all stakeholders, from cloud and content providers to AI inferencing workloads and fiber carriers. I encourage everyone to visit Nebula and experience firsthand what a purpose-built, next-generation data center feels and looks like. You will leave inspired." - Manny Vivar, HostDime Founder and CEOHostDime's Nebula Data Center, located in North Bogotá (Tocancipá), is one of the only Uptime Institute Tier IV certified facilities in Colombia, backed by a 100% uptime SLA. It features 6 MW of power capacity, rack densities up to 50 kW, and 10+ fiber carriers already on-net. The facility is sustainably designed, holding EDGE Building environmental certifications. Its carrier-neutral operation, combined with next-gen infrastructure capabilities, offers Nebula occupants an unmatched environment to thrive in the Colombian market.Beyond the enterprise market, this network expansion also improves the digital experience for Colombian end users. With Nebula as a direct node on InterNexa's backbone, streaming services, cloud apps, and online platforms can deliver content closer to end users, enabling faster performance, smoother gaming, and more reliable access without international backhauling.Colombia is rapidly establishing itself as a regional technology hub, with demand for reliable, low-latency infrastructure surging across financial services, government, energy, media, and AI applications. AI workloads specifically require high availability and ultra-fast inferencing at the edge, making Nebula's Tier IV infrastructure and direct fiber connectivity an advantage for enterprises building next-generation services. By serving as a strategic interconnection point within Bogotá's digital ecosystem, Nebula empowers enterprises to scale while contributing to the country's economic and technological growth.This partnership reinforces HostDime's vision to design, build, and operate next-generation data centers in emerging and underserved markets, providing global clients with the edge infrastructure needed for growth, and positioning HostDime as a key driver of Colombia's digital future.About HostDimeHostDime is a hyper-edge, global data center company operating purpose-built facilities in Mexico, Brazil, Colombia, and its flagship facility in Orlando, Florida, USA, with owned networks in the UK and India. Our mission is to design, build, and operate next-gen data centers at the global edge. We offer colocation (suites, cages, racks), interconnection (cross-connects, peering, transit), Hardware-as-a-Service (bare metal servers, lease-to-own servers, hardware procurement), cloud infrastructure (private, hybrid, multi-cloud), and managed services (server management, remote/smart hands).About InterNexaWe are InterNexa, wholesaler of connectivity, infrastructure and technology services in Latin America. With 25+ years of experience, we operate 32,000+ km of optical fiber and 40+ interconnected datacenters in Colombia and Peru. We are an ISA company, a multi-Latin company with 57 years connecting people and communities in 6 Latin American countries and part of the Ecopetrol Group. We provide specialized technological solutions for governments, ISPs, telecommunications operators, OTTs and the mining and energy sector. Through our network infrastructure, ecosystem of interconnected datacenters and managed security services, we maximize operational efficiency, accelerate digital growth and strengthen our clients' business continuity.Contact InformationJared SmithDirector of Marketingjared.s@hostdime.com386-341-0855SOURCE: HostDime Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Karbon-X Advances Alberta Solar Rewards Program to Expand Homeowner Access to Verified Carbon Credits ACN Newswire

Karbon-X Advances Alberta Solar Rewards Program to Expand Homeowner Access to Verified Carbon Credits

Calgary, Canada, Sept 30, 2025 - (ACN Newswire via SeaPRwire.com) - Karbon-X Corp. (OTCQX: KARX), a leader in end-to-end climate solutions, is advancing the development of the Alberta Solar Rewards Program in partnership with an Alberta-based solar provider. The initiative is designed to enable homeowners with rooftop solar systems to generate verified carbon credits under Alberta’s Technology Innovation and Emissions Reduction (TIER) framework.The initiative addresses a longstanding gap in the regulated carbon market, where individual resident systems have traditionally lacked a compliant pathway to receive recognition or compensation for their emissions reductions. Through a streamlined process co-developed with its partner, Karbon-X facilitates secure data collection, validation, and credit issuance while its partner manages homeowner onboarding and engagement.“This is about democratizing the carbon market,” said Chad Clovis, Chief Executive Officer of Karbon-X “We are giving homeowners the same access and opportunity as large industrial players. This move not only adds value for our customers but significantly enhances the credibility and scope of Alberta’s climate strategy” The Alberta Solar Rewards Program complements Karbon-X’s broader strategy across renewable energy and carbon credit markets. In 2025, the company’s market leadership was proven with the transaction of millions of international renewable energy certificates (iRECs) across four continents further reinforcing its presence as a global participant in renewable energy markets. Looking ahead, Karbon-X is conducting feasibility studies on more than ten new solar projects, ranging from utility-scale developments in South America to commercial and residential installations on the U.S. West Coast. Together, these efforts highlight the company’s integrated approach across residential engagement, global trading, and project development. About Karbon-XKarbon-X Corp. (OTCQX: KARX) is a vertically integrated climate solutions company and emissions mitigation provider. The company manages the full carbon credit lifecycle, including project origination, emissions quantification, third-party validation, credit issuance, and market distribution. Karbon-X operates across multiple regions and sectors, supporting both compliance and voluntary carbon markets. Its services include emissions data analysis, regulatory alignment, credit commercialization, and digital infrastructure for tracking and reporting. Karbon-X operates with a focus on transparency and co-benefit delivery, ensuring adherence to recognized international standards and accredited verification bodies.Media ContactEmma CaputoVP of Marketing Karbon-Xec@karbon-x.com Forward Looking StatementThis news release contains forward-looking statements, including but not limited to expectations related to Karbon-X Corp.’s financial performance, business strategy, growth plans, market positioning, and the anticipated development of the Alberta Solar Rewards Program and related renewable energy activities. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. Forward-looking statements are subject to change, and Karbon-X Corp. assumes no obligation to update them, except as required by law. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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U.S. Polo Assn. Delivers Elevated Americana With the 2025 Fall-Winter Global Collection From Denver, Colorado ACN Newswire

U.S. Polo Assn. Delivers Elevated Americana With the 2025 Fall-Winter Global Collection From Denver, Colorado

West Palm Beach, FL, Sept 30, 2025 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn., the official sports brand of the United States Polo Association (USPA), has launched its iconic, sport-inspired Fall-Winter Global Collection for 2025. This season's release captures the brand's classic Americana style and sporting heritage, set against the energetic spirit of Denver, Colorado, a city known for its dynamic mix of metropolitan culture and rugged natural beauty.U.S. Polo Assn.'s 2025 Fall-Winter Global CollectionFrom the heart of downtown Denver to the serene expanses of Aspen Ranch, these scenic landscapes provide the perfect backdrop for U.S. Polo Assn.'s 2025 Fall-Winter Global Collection. Reflecting a collegiate-inspired back-to-school theme, the seasonal campaign showcases the brand's deep-rooted connection to sport, lifestyle, and fashion. The global photoshoot also features professional polo players Chloe Carabasi and Jake Klentner as models, further elevating the brand's authentic connection to the sport of polo."This year's Fall-Winter Global Collection brings to life our global brand with classic, sporty, and elevated style, set in a location that reflects the youthful, vibrant energy of our consumer," said J. Michael Prince, President and CEO of USPA Global, the company that manages and markets the global, multi-billion-dollar U.S. Polo Assn. brand. "Each seasonal collection U.S. Polo Assn. creates is a timeless celebration of sport and style, and this season is highlighted with the unique character of Denver, Colorado."The U.S. Polo Assn. 2025 Fall-Winter Global Collection, photographed against the majestic Rocky Mountains, features a rich seasonal palette of Americana tones with a bold and fresh autumnal twist, alongside frosty holiday hues perfect for the cooler months. The Collection focuses on layered textures, thoughtful silhouettes, and timeless staples designed for a seamless transition from the classroom to the holidays, all in comfort and style. Standout pieces include U.S. Polo Assn.'s iconic polo shirts, rugged denim, cable-knit sweaters, flannel shirts, and varsity-inspired outerwear, with cozy holiday-ready layers and gifting-friendly options for the entire family."This collection delivers a versatile wardrobe of polished yet practical pieces that bring together elevated everyday wear with a heritage-driven collegiate sensibility from U.S. Polo Assn.," said Jessica Ramesberger, VP of Merchandising and Design at USPA Global. "Whether you're dressing for back-to-school, a weekend getaway, or a holiday gathering, the U.S. Polo Assn. 2025 Fall-Winter Global Collection includes something stylish, comfortable, and accessible for everyone."As part of its ongoing comprehensive USPA Life sustainability initiative, the brand incorporated USPA Life products throughout the 2025 Fall-Winter Global Collection. With preferred fabrics such as organic cotton woven throughout the Collection, U.S. Polo Assn. is committed to a path of continuous improvement, ensuring a positive impact on people, products, and the planet, thereby shaping a better future for the next generation. USPA Life is driving change in alignment with the Sustainable Development Goals, reflecting U.S. Polo Assn.'s commitment to meaningful impact.135th Anniversary Collection: Fall-Winter EditionU.S. Polo Assn. continues its 135th Anniversary celebration with select pieces in the 2025 Fall-Winter Global Collection that honor the brand's legacy in the sport of polo and its roots dating back to 1890. This special capsule, distinguished by refined details and the brand's signature red, white, and blue stripe, commemorates 135 years of sports inspiration and timeless fashion."Denver's energy and character mirrored the essence of U.S. Polo Assn.'s 2025 Fall-Winter Global Collection. From urban street style to rustic equestrian backdrops, this global photoshoot captures the diverse and dynamic lifestyles our brand celebrates," said Stefanie Coroalles, VP of Global Marketing for USPA Global. "This season's visuals tell a story of transition, tradition, and togetherness, everything Fall and Winter should feel like."The 2025 Fall-Winter Global Collection is now available in U.S. Polo Assn. stores and online globally at uspoloassnglobal.com.About U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official sports brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in the United States, founded in 1890 and based at the USPA National Polo Center (NPC) in Wellington, Florida. This year, U.S. Polo Assn. celebrates 135 years of sports inspiration alongside the USPA. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. The brand sponsors major polo events around the world, including the U.S. Open Polo Championship®, held annually at NPC in The Palm Beaches, the premier polo tournament in the United States. Historic deals with ESPN in the United States, TNT and Eurosport in Europe, and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, PGA Tour, and Formula 1, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.For more information, visit uspoloassnglobal.com and follow @uspoloassn.USPA Global is a subsidiary of the United States Polo Association (USPA) and manages the multi-billion-dollar sports brand, U.S. Polo Assn. USPA Global also manages the subsidiary, Global Polo, which is the worldwide leader in polo sport content. To learn more, visit globalpolo.com or Global Polo on YouTube.Contact InformationKaela DrakePR & Communications Specialistkdrake@uspagl.com+001.561.461.8596Stacey KovalskyVP, Global PR and Communicationsskovalsky@uspagl.com+001.561.790.8036SOURCE: U.S. Polo Assn. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Star Plus Legend Partners with Shanghai Museum to Unveil ‘CHOUCHOU’ Themed Art Show ACN Newswire

Star Plus Legend Partners with Shanghai Museum to Unveil ‘CHOUCHOU’ Themed Art Show

Duration: September 30, 2025 – March 8, 2026 (Closed on Mondays, except for public holidays)Venue: Shanghai Museum (People’s Square)HONG KONG, Sep 30, 2025 - (ACN Newswire via SeaPRwire.com) – Star Plus Legend Holdings Limited (“Star Plus Legend” or the “Company”, together with its subsidiary, the “Group”, stock code: 6683.HK), announced that on the afternoon of September 29th, the themed art show “The Remarkable Ancestors — CHOUCHOU’s Time Travel Adventure” opens at the Shanghai Museum (People’s Square) to align with the 36th Shanghai Tourism Festival. The event is guided by the Shanghai Municipal Administration of Culture and Tourism, hosted by the Shanghai Museum and Star Plus Legend, and co-organized by Shanghai JUCE Culture and Media Co.,Ltd., with renowned lyricist Vincent Fang invited as the cultural creative consultant.The art show centers on “CHOUCHOU”, a nijigen-style personality of Mr. Jay Chou, as the narrative thread, blending digital technology with contemporary art. By integrating twelve treasured artifacts from the Shanghai Museum’s collection with modern technologies such as AI lighting, holographic projections, robotic interactions, and NFC digital card draws, the exhibition creates an immersive cultural experience where tradition meets modernity, and the past resonates with the future. This marks the Shanghai Museum’s first innovative attempt to merge traditional culture with contemporary art trends. Chu Xiaobo, a member of the Party Committee of the Shanghai Municipal Administration of Culture and Tourism and Director of the Shanghai Museum, stated, “The jade, bronze ware, blue and white porcelain, and famille rose porcelain lying dormant in the museum are not only markers of civilization but also embody the wisdom and warmth of our ancestors. This time, we are engaging with them in a younger, more vibrant way — allowing the treasures of the Shanghai Museum to engage in a cross-temporal dialogue with CHOUCHOU’s trendy imagination. This collaboration aims to humbly learn from our ancestors while using creative trends to write new chapters for tradition, marking an innovative practice.” Vincent Fang, Chief Cultural Officer of Star Plus Legend and cultural creative consultant for the art show, shared his insights: “From the misty elegance of Blue and White Porcelain to the classical imagery of Hair White as Snow, we have always strived to do one thing: bottle the ‘charm’ of traditional culture in the vessel of pop culture. This themed art show perfectly echoes our decades-long exploration in music creation — how to make tradition and trends not just additive but create a magical chemical reaction, achieving a deep fusion of ‘ancient essence’ and ‘new expression.'”Ma Hsin-Ting, Chairperson, Founder, and Executive Director of Star Plus Legend, remarked, “Through the ‘CHOUCHOU’ IP, we aim to build a bridge — bringing museum artifacts to the younger generation in an innovative way while sparking their curiosity to explore museums. Our collaboration with the Shanghai Museum is not merely a trendy event; it represents how, through dialogue with national treasures, ‘CHOUCHOU’ transforms from a trendy IP into a cultural communicator. Through spatial aesthetics and digital art expressions, it helps young people more intuitively understand the wisdom of our ancestors and reflect their aspirations for a beautiful life. This represents a dual ‘elevation’ and ‘breakout’ for the IP’s cultural depth and audience reach.” At the afternoon press conference, Zhou Peimin, Chief Operating Officer of Star Plus Legend, added, “CHOUCHOU carries the nostalgic memories of many people, but we hope it goes beyond nostalgia to become a bridge connecting tradition with the future, and the East with the world.”At the opening ceremony, Chu Xiaobo, Member of the Party Committee of the Shanghai Municipal Administration of Culture and Tourism and Director of the Shanghai Museum; Cheng Meihong, First-Level Inspector of the Shanghai Municipal Administration of Culture and Tourism; Tang Shifen, Director of Management Committee of the Shanghai Museum; Ma Hsin-Ting, Chairperson, Founder, and Executive Director of Star Plus Legend; Vincent Fang, Chief Cultural Officer of Star Plus Legend and Cultural Creative Consultant for the art show; and Hu Zhe, Chairman of Shanghai JUCE Culture and Media Co.,Ltd., jointly inaugurated the art show.In the art show, visitors follow CHOUCHOU’s time machine through a “space-time tunnel” of light and shadow. In the “Jade Meeting the Future” section, audiences explore reverence for heaven and earth through ancient jade rituals. The “Bronze Spanning Generations” section transports viewers to the Shang and Zhou dynasties over 3,000 years ago, showcasing the peak of bronze craftsmanship. In the “Blue-and-white Martial Arts Hall” the cultural significance of blue-and-white porcelain, which traveled across oceans, comes to life. The “Pastel Romance” section reflects our ancestors’ aspirations for a beautiful life. The art show also features a “Trendy Code” printmaking zone, a “J-Style Trip Immersive Space,” a “Carnival Fantasy Island,” and a “Carousel” themed cultural and creative merchandise area, inviting visitors to explore. Traditional Culture Meets Trendy Art: Breathing New Life into Ancient StoriesThe Shanghai Museum has long been committed to “bringing cultural relics to life.” Its latest collaboration with CHOUCHOU, an IP that represents youth, trendiness, and the future, is a bold and innovative attempt. This art show is not merely a listing of cultural relics and IP; it truly allows them to“speak”. For example, the Jade Deity from more than 4,000 years ago is transformed through a trendy reinterpretation into a giant holographic CHOUCHOU wearing a futuristic crown, showcasing the beauty of Chinese jade in the “Jade Meeting the Future” archaeological-concept exhibition area. Elements of the Da Ke Ding are integrated into armor design; in the “Bronze Spanning Generations” zone, the Bronze Guardian CHOUCHOU will guard the cultural treasures of our ancestors. Ancient coin patterns inspire the creation of 10,000 digital art collectible cards, linking the beautiful expectations of abundance in life across past, present, and future. In the “Blue-and-white Martial Arts Hall” visitors can admire precious blue-and-white porcelains from the Shanghai Museum’ collection, including the Jingdezhen kiln Blue-and-White Lotus-Scroll Double-Ear Vase and the Blue-and-White Camellia Flat Flask . A kung fu robot painted with blue-and-white porcelain patterns will take the stage, performing agile martial arts and blending intangible craftsmanship with technological vitality. The “Pastel Romance” section combines pinkcolor beloved by Jay Chou, with treasures from the Qianlong reign period of the Qing dynasty, such as the Jingdezhen Porcelain Powdered Color Baby Play Bottle and the Powdered Color Lotus Pattern Covered Bowl , allowing visitors to travel through time and experience the charm of famille rose romance.Drawing Inspiration from Ancient Culture as the Source of ArtThemed “The Remarkable Ancestors”, the art show cleverly pairs 12 treasured artifacts from the Shanghai Museum’s collection with CHOUCHOU, a cultural symbol embodying the collective memories of the post-1980s and post-1990s generations. This collaboration creates a dialogue that spans time and space, exploring a pressing question of our era: In the digital age, how can ancient cultural relics enter contemporary life with a fresh and cutting-edge presence' How can popular culture draw nourishment from profound tradition to achieve deeper meaning' Here, the Shanghai Museum’s collections serve as living entities full of stories. Artistic inspiration is drawn from these relics and, through the CHOUCHOU IP, transformed into emotional values that resonate with young people, making culture tangible, perceptible, and shareable.On the first floor of the People’s Square building, visitors can also enjoy a cultural restoration VR experience. Using the CHOUCHOU IP as an emotional link, the VR zone employs XR technology to create an immersive cultural adventure that integrates music, cultural relics, technology, and storytelling. Visitors take on the role of relic restorers, traveling through the world of artifacts to collect three cultural energies: “Craftsmanship,” “Inner-Outer Cultivation,” and “Harmony Between Heaven and Humanity” — all to rescue CHOUCHOU. Along the journey, visitors can recreate the artistry of blue-and-white porcelain in a ceramic workshop, master the balance of strength and softness in an ancient martial arena, and explore the mysteries of jade in a grand palace.Encouraging Young Visitors and Making the Museum a Trendy DestinationThe theme “The Remarkable Ancestors” pays tribute to the forebears who created a brilliant civilization, while also expressing continuity—the idea that civilization can truly “live” only when it is constantly retold, reinterpreted, and embraced. The best inheritance is to let the past become the foundation for the future. The Shanghai Museum hopes that through this initiative, it can attract diverse audiences to return repeatedly, helping more young people realize that traditional culture is never boring; it is full of charm, inspiration, and fun. The museum itself can be trendy, youthful, and approachable. Every visitor entering this time-space encounter is invited to discover a unique blend of cultural confidence and modern creativity.The themed art show is a ticketed experience and is now open for sales. Ticket options include: Standard Ticket (RMB 88), Weekday Ticket (RMB 68), Concession Ticket (RMB 44), VR Experience Ticket (RMB 68), and Combo Ticket (RMB 128, which includes both the art show and VR experience).The art show offers the following ticket discounts:Concession Tickets are available to: seniors aged 60 and above, minors aged 6 to 18, full-time students enrolled in undergraduate programs or below, and active-duty military personnel and their families, police officers, families of martyrs and servicemen, and firefighters holding valid identification.Free Admission is offered to: children aged 6 and under and visitors with disabilities holding valid identification. Each paying adult may bring up to two children aged 6 and under free of charge.Tickets can be purchased through the Shanghai Museum’s official WeChat mini-program “Shanghai Museum Visit Reservation” as well as on the Ctrip app. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Zijin Gold International Listed on HKEX: Premium Gold Sector Target Poised to Kick Off Investment Feast

HONG KONG, Sep 30, 2025 - (ACN Newswire via SeaPRwire.com) – Since 2024, global gold prices have embarked on a new wave of significant upward momentum, propelling Hong Kong's gold sector into the spotlight for capital pursuit. Related individual stocks have demonstrated remarkable independent performance. Zijin Gold International Company Limited (stock code: 2259.HK), a globally renowned enterprise within the gold sector, officially listed on the Main Board of the Hong Kong Stock Exchange today. It is poised to become a promising new star in the capital market within the gold industry.From a capital market perspective, the successful listing of Zijin Gold International not only offers investors richer investment options but also injects fresh vitality into the market. Amid growing global economic uncertainties, gold's value as a key safe-haven asset has become increasingly prominent. Leveraging its formidable strength and solid reputation in the gold sector, Zijin Gold International is poised to serve as a reliable haven for investors navigating turbulent markets.Meanwhile, the listing will further elevate Zijin Gold International's influence in global capital markets. With the support of a wide range of international investors, the Company is becoming one of the top global gold enterprises, showcasing immense growth potential and broad development prospects.Notably, Zijin Gold International's listing successfully attracted over twenty cornerstone investors, including GIC, Hillhouse, BlackRock, Schroders, Perseverance, Fidelity, and Greenwoods. The active subscriptions from these renowned investment institutions provide robust support for Zijin Gold International's growth trajectory. This not only reflects the strong confidence of leading institutions in the Company's future prospects and growth potential but also offers crucial reference points for investors.A Global Leading Gold Mining Company with Extensive Resource ReservesZijin Gold International is one of the global leading gold mining companies, with operations spanning the entire gold value chain—from exploration and mining to processing, smelting, refining, and sales. The comprehensive industrial chain integration enhances the Company's market competitiveness and resilience against risks.In global resource integration, Zijin Gold International has demonstrated exceptional strength. The Company has strategically positioned itself in gold-rich areas across Central Asia, South America, Oceania, and Africa, holding interests in eight gold mines. As of December 31, 2024 and in 2024, the Company’s gold reserves and gold production volume on a consolidated basis ranked ninth and eleventh globally, respectively. From 2022 to 2024, its gold production achieved a CAGR of 21.4%, achieving a faster growth rate than other sizable companies.These abundant resource reserves provide robust support for the Company's performance growth and sustainable development. From 2022 to 2024, the Company achieved a CAGR of 61.9% in net profit attributable to owners of the parent, demonstrating its strong profitability and growth potential.Furthermore, Zijin Gold International stands as a leading mining company in terms of growth, operational efficiency and profitability in the global gold mining industry. Both the Guyana Aurora Gold Mine and the Suriname Rosebel Gold Mine turned profitable within one year after the Company’s acquisitions in 2020 and 2023, respectively. The Company maintained high capital return in 2024, with ROE of 21.4%, further validating its exceptional capabilities in asset operation and value creation.Strong Shareholder Background Provides Solid FoundationZijin Gold International benefits from a robust shareholder background, with its rapid development supported by the strong backing and synergistic collaboration of Zijin Mining Group. The Company's controlling shareholder, Zijin Mining, is a global leading mining company primarily focused on mineral exploration and development. Zijin Mining operates over 30 large mining projects across 17 countries worldwide as of December 31, 2024, covering metals including gold, copper, lithium, and zinc, among others.Meanwhile, Zijin Mining has extensive experience in the exploration, construction and operation of large-scale metal mines, complemented by professional and efficient resource acquisition and in-house exploration expertise. Advanced technology and rich experience provide strong support for Zijin Gold International's technological innovation and process improvement.The spin-off listing of Zijin Gold International by Zijin Mining Group is based on strategic transformation and long-term development considerations. Through this spin-off, Zijin Gold International will gain independent production capacity, enabling greater focus on business development in the gold sector and enhancing operational efficiency and management standards.Additionally, the spin-off listing of the gold business will not only further optimize Zijin Mining Group's business structure and enhance the Group's overall value, but also provide Zijin Gold International with broader development prospects and stronger momentum, laying a solid foundation for its sustained growth in the gold industry.Actively Practicing ESG Principles to Contribute to Global Sustainable DevelopmentAgainst the backdrop of global advocacy for sustainable development, ESG has become a crucial benchmark for evaluating corporate value and social responsibility. As a socially responsible enterprise, Zijin Gold International has consistently integrated ESG principles into its operations and development, striving to achieve balanced progress across economic, social, and environmental dimensions.The Company is committed to implementing the "Zijin Model", actively building a responsible ESG framework, and comprehensively advancing sustainable development. In this process, the Company strictly adheres to comprehensive and multi-tiered international ESG standards, such as ISO 14001 and others, ensuring it meets internationally advanced levels in environmental management, social responsibility fulfillment, and corporate governance. At the same time, the Company focuses on risk-oriented environmental management, establishing a robust environmental risk assessment system aimed at minimizing ecological impact while maximizing operational efficiency.Furthermore, Zijin Gold International integrated the ‘‘Dual-Carbon’’ commitment into its core agenda of future development and are dedicated to clean energy solutions. The Tajikistan Jilau/Taror Gold Mines, the Colombia Buriticá Gold Mine, and the Suriname Rosebel Gold Mine had achieved 100% utilization of clean energy in purchased electricity as of June 30, 2025. The Guyana Aurora Gold Mine completed two phases of photovoltaic projects with a total capacity of 18MW in 2024, and the Suriname Rosebel Gold Mine’s 25MW photovoltaic project is under construction.Building on this foundation, Zijin Gold International not only actively fulfills its environmental responsibilities but also places significant importance to corporate social value, continuously enhancing investment in community development, employee growth and occupational health. The Company actively promotes economic development in the regions where it operates and shares benefits with the local communities. For example, the Company's ‘‘Sowing the Future’’ agricultural development program in Colombia has been ongoing for five years. The Company actively promotes the development of the Rosebel Community Fund in Suriname and provided financial support in the areas of education, health, sports, and socio-economic development in 2024.The Company also prioritize occupational safety in its operation. During the track record period, the Company's lost-time injury frequency rate was as low as 0.19 per million work hours. As of the end of 2024, the ISO 45001 Occupational Health and Safety Management System certification coverage rate for all operational sites where the Company has held control for over three years reached 100%.Zijin Gold International's ESG practices have been widely recognized in the regions where it operates. During the track record period, Continental Gold received ‘‘the 2024 Sustainable Development Certification’’, Zeravshan received the ‘‘Outstanding Contribution to Environmental Protection Award’’, among others, fully demonstrating the Company's excellence in environmental, social, and governance performance. Moving forward, Zijin Gold International will continue to uphold sustainable development principles, contributing to the achievement of global sustainable development goals.Overall, Zijin Gold International has successfully entered the new stage of the capital market through its extensive business footprint, robust management team, and abundant resource reserves. For investors, Zijin Gold International's listing not only presents a premium target for sharing in gold price dividends but also offers global investors a highly promising investment opportunity. Riding the wave of gold's primary upward trend, the Company will be poised to navigate challenges and create substantial returns for investors in the future, emerging as a star performer in Hong Kong's gold sector. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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AEON Credit Reports 37.1% Increase in Net Profit for 1HFY2025/26 ACN Newswire

AEON Credit Reports 37.1% Increase in Net Profit for 1HFY2025/26

Results Highlights- Revenue rose by 4.3% to HK$897.1 million, driven by sustained sales and receivables growth- Profit after tax increased by 37.1% to HK$233.6 million, with a 12.7% decrease in impairment losses and impairment allowances- Cost-to-income ratio improved to 43.8% from 47.0%- Declared interim dividend of 25.0 HK cents per share, representing payout ratio of 44.8%HONG KONG, Sep 30, 2025 - (ACN Newswire via SeaPRwire.com) – AEON Credit Service (Asia) Company Limited ("AEON Credit" or the "Group"; Stock Code: 00900) today announced its unaudited interim results for the six months ended 31st August 2025 ("1HFY2025/26" or the "Reporting Period").Despite persisted headwinds in the Hong Kong economy, the Group achieved a 4.3% increase in revenue year-on-year to HK$897.1 million during the Reporting Period, demonstrating the resilience of its core operations and the effectiveness of measures implemented to sustain sales and receivables growth. As the Group continued to enhance its operational efficiency, its cost-to-income ratio improved to 43.8% from 47.0% for the six months ended 31st August 2024 ("1HFY2024/25" or the "Previous Period"), and its operating profit before impairment losses and impairment allowances rose 11.7% to HK$475.6 million. With a decrease in impairment losses and impairment allowances of 12.7%, the Group’s profit after tax increased by 37.1% to HK$233.6 million (1HFY2024/25: HK$170.4 million).The Board has resolved to declare an interim dividend of 25.0 HK cents per share (1HFY2024/25: 24.0 HK cents per share), representing a dividend payout ratio of 44.8%.In response to the challenging economic environment, the Group adopted a more conservative approach to sales and receivables growth, prioritising maximizing returns from its credit card and personal loan portfolios while mitigating credit risk. Overall sales increased 4.4% in 1HFY2025/26 compared with the Previous Period, driven by growth in credit card sales, which offset the decline in personal loan sales resulting from prudent credit assessment. Gross advances and receivables continued an upward trajectory, increasing 2.7% from 28th February 2025 to 31st August 2025. To address the prevailing high credit default rates in Hong Kong consumer finance market, the Group has implemented robust credit monitoring measures to improve customers’ payment performance and mitigate deterioration in asset quality. Consequently, the percentage of impaired credit (i.e., stage 2 and stage 3 receivables) to gross advances and receivables decreased from 4.2% as of 28th February 2025 to 4.0% as of 31st August 2025.The Group’s marketing strategy effectively reduced advertising costs while maintaining marketing effectiveness and optimising resource allocation. Meanwhile, the launch of Green Personal Loan products further reinforced the Group’s commitment to environmental, social, and governance (ESG) principles. Leveraging the AEON Ecosystem, the Group also capitalised on group synergy through initiatives such as the AEON JCB credit card revamp programme. In information technology, the Group has completed the IP Contact Center (IPCC) project to enhance its call center operations, with ongoing evaluations planned for further efficiency improvements.Looking ahead to the second half of FY2025/26, the Group will focus on sustaining sales and receivables growth, particularly through domestic and online transactions, while refining credit assessment and monitoring processes to ensure a sustainable and high-quality asset portfolio. Marketing strategies will emphasise targeted campaigns, mass promotions, and leveraging incentives to expand market share, particularly among younger demographics. The Group will also pursue revenue diversification by increasing fee-generating transactions and expanding its insurance intermediary businesses.To enhance operational efficiency, the Group plans to accelerate the implementation of Artificial Intelligence tools into back-office operations automating routine tasks such as data processing and credit risk analysis to reduce operational costs and improve accuracy. Credit assessment and portfolio management will be enhanced through an upgraded risk-based methodology designed to identify high-quality customers for additional credit. Advanced models are expected to improve fraud detection and predictive analytics for credit assessments, enabling faster decision-making and optimised resource allocation.Within the AEON Ecosystem, the Group has commenced One AEON project to create an integrated bonus point platform for reward accumulation and redemption. The platform will enable seamless management of rewards earned from AEON Cards and prospective partner merchants, notably AEON Stores (Hong Kong) Limited ("AEON Stores"), via the “AEON HK” and partner merchant’s mobile app, enhancing customers convenience and flexibility, and fostering greater engagement and loyalty across both credit and retail services.Mr. Wei Aiguo, Managing Director of AEON Credit, said, "Our robust results in 1HFY2025/26 underscore our resilience and effective execution of strategic initiatives against a challenging market environment. As we celebrate our 35th anniversary, we continue to be guided by the AEON Vision Statement and the Three Principles of the AEON Group: ‘moving forward hand in hand’, ‘transcending the boundaries between groups and companies’, and ‘building multifaceted connections and creating a future full of smiles together.’ Bolstered by a solid financial foundation and ongoing digital transformation, we are well positioned to capitalise on opportunities in the credit finance market. We will continue to drive business growth in the second half of the year by delivering innovative and customer-centric credit services.”About AEON Credit Service (Asia) Company Limited (Stock Code: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987 and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the finance business, which includes the issuance of credit cards, personal loan financing, card payment processing services and insurance intermediary business in Hong Kong, and microfinance business in Mainland China.For more information, please visit the company’s website at www.aeon.com.hk. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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GEM: Building a Closed-Loop New Energy Circular Economy and Embarking on a New Chapter of Global Growth with its Listing in Hong Kong

HONG KONG, Sep 30, 2025 - (ACN Newswire via SeaPRwire.com) – Driven by the “Dual Carbon” strategy, the new energy industry is experiencing rapid growth, with demand for critical new energy metal such as lithium, nickel, and cobalt continuing to surge. However, the exploitation of upstream mineral resource is constrained by environmental concerns, rising costs, and international geopolitical risks, leading to emerging resource bottlenecks. At the same time, as the warranty periods for power batteries gradually expire, a wave of retired batteries is accelerating. Waste-battery recycling, critical metal regeneration, and battery material remanufacturing are becoming emerging growth drivers across the industry chain.Having cultivated expertise in this field for many years, GEM Co., Ltd. (“GEM”, 002340.SZ) has been consistently expanding its presence in the circular economy. The Company has established an integrated circular economy operation model that covers three key businesses: critical metal resources, lithium-ion battery and end-of-life vehicle recycling, and new energy materials. In several niche material markets, GEM ranks among the global leaders. Recently, the Company submitted a listing application to the Hong Kong Stock Exchange, aiming to achieve dual listing on both A and H shares.Three Key Businesses Form a Closed-loop Circular System, with Technology Enabling “Waste-to-Value”GEM’s uniqueness lies in its full-chain closed-loop model built around the concept of a circular economy: “resource recovery — material remanufacturing — product application”. By organically integrating three key business modules of critical metal resources recycling, power batteries and end-of-life vehicles recycling, and new energy materials, the Company not only achieves efficient resource utilization but also significantly enhances the added value of products.In terms of resource recovery, GEM leverages a global recycling network to carry out large-scale collection and dismantling of various resources, including waste-battery, end-of-life vehicles, and electronic waste. To date, the Company has formed partnerships with over 1,000 automotive companies and battery manufacturers worldwide, establishing a stable raw material recycling network and product sales channels. This not only ensures a steady supply of “Urban Mining” resources such as retired batteries and end-of-life vehicles, but also opens up vast market opportunities for new energy materials, positioning the Company as a central hub in the industry chain with risk-resilience significantly stronger than its peers.In terms of material regeneration, GEM utilizes advanced processes to transform recycled resources into high-purity, high value-added intermediate products and new energy materials. As one of the early adopters of hydrometallurgical technology in the industry, the Company utilized this advanced technology to smelt limonite nickel ore, which could hardly be smelted through traditional pyrometallurgy. The process also enables the efficient smelting of other metal resources associated with laterite nickel ore, enhancing overall economic value while achieving recovery rates of up to 99% for nickel, cobalt, and tungsten. In terms of lithium-ion battery and end-of-life vehicle recycling, GEM has established a dual-track processing model of “cascade utilization + material regeneration”, achieving a recovery rate of 96.5% for lithium metal, significantly exceeding the industry average of 90%. More importantly, through technological innovation, GEM further processes recycled resources into high value-added critical new energy materials such as ternary precursors, cathode materials, and cobalt tetroxide, supplying to global battery manufacturers and vehicle OEMs. This truly achieves a complete closed loop process from recycling to application.GEM’s three core businesses are mutually supportive and closely interconnected. The recycling of critical metals and power batteries jointly provides a stable metal supply for the production of new energy materials. Meanwhile, the materials business extends downstream, supplying to battery manufacturers and achieving value-added transformation. This turns green recycling into a profitable and sustainable industrial chain, creating a competitive barrier that is difficult for industry peers to replicate.Leading in Multiple Segments and Seizing the Future Opportunities with a Global ExpansionLeveraging its technological barriers and industrial synergy advantages, GEM has established a globally leading position across multiple segments, emerging as a frontrunner in the new energy materials and resource recycling sector. According to Frost & Sullivan, GEM ranked first in China in the recycling of nickel, cobalt, tungsten resources in terms of recycling volume in 2024, as well as retired lithium-ion battery recycling volume from third parties. In the field of new energy materials, GEM was the second largest supplier of ternary precursors globally in terms of shipment volume in 2024, capturing a market share of 19.7%. At the same time, with a market share of 37.4%, it became the world’s largest supplier of high-nickel ternary precursors, with the shipment volume of its 8-series and 9-series high-nickel ternary precursor materials ranking first globally. In the cobalt tetroxide sector, the Company ranked second worldwide with a market share of 20.2%.Looking ahead, GEM is embracing multiple market opportunities. The expansion of new energy applications is driving sustained growth in demand for critical new energy metals. According to Frost & Sullivan, from 2024 to 2030, nickel demand in China is expected to rise from 335.5 thousand tons in 2024 to 1,233.7 thousand tons in 2030, with the proportion of recycled nickel increasing from 17.2% to 31.1%; Demand for cobalt and tungsten in China will also grow in tandem, while the proportion of recycled cobalt and recycled tungsten will further increase. In addition, under the wave of retired power batteries, it is expected that by 2030, around 15% of the nickel, cobalt, and lithium required for new power batteries will come from recycling.In the field of new energy materials, driven by emerging sectors such as EVs, 3C electronics, low-altitude aircrafts, and humanoid robots, market demand is expected to grow rapidly. In terms of shipment volume, from 2024 to 2030, the CAGR of lithium-ion battery cathode materials is expected to reach 24.2% while that of ternary precursors is projected at 21.6%. Among them, the penetration rate of high-nickel ternary precursors is expected to rise from 35.2% to 70.0%, and the shipment volume of cobalt tetroxide is expected to record a CAGR of 12.7%.Confronting opportunities, GEM has formulated a clear development strategy. On the technology front, it plans to establish overseas R&D centers, increase R&D investment, and deepen the deployment of cutting-edge technologies in the field of new energy materials. On the capacity front, it will expand and upgrade existing production capacity, advance the expansion of its Indonesian base, and strengthen the “nickel resources — precursors — cathode materials” integrated nickel industrial chain. On the globalization front, it intends to set up marketing centers in Japan, South Korea, and Indonesia, enhance customer collaboration, and further expand its global business footprint.GEM’s proposed listing in Hong Kong will provide GEM with broader access to capital and international markets, injecting stronger momentum into its dual growth engines of circular economy and new energy materials. Backed by robust technological barriers, a mature closed-loop model, and an expanding global footprint, the Company is well-positioned to maintain its leading edge in the circular economy sector and unlock greater growth flexibility. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Golden Leaf International Group Limited Announces Listing Plan On GEM Of Hong Kong Stock Exchange ACN Newswire

Golden Leaf International Group Limited Announces Listing Plan On GEM Of Hong Kong Stock Exchange

Investment Highlights:- Golden Leaf International is an established E&M (Electrical and Mechanical) engineering contractor with almost 20 years of extensive industry experience, specializing in supply, installation and maintenance of HVAC systems which contributes to over 90% of the Group’s revenue.- For each of the past two financial years, the Group completed over 1,000 projects at different scales. As at 31 July 2025, the Group had 187 projects on hand with backlog value of approximately HK$62.8 million. In addition, the Group has renewed a project for a term of three years commencing from September 2025 with a contract sum expected to be no less than HK$50 million.- For the year ended 31 March 2025, the Group’s revenue increased by approximately 25.6% year-on-year to approximately HK$154.5 million, and the Group’s profit for the year increased by approximately 35.7% to approximately HK$14.1 million. For the year ended 31 March 2025, the Group’s gross profit margin and net profit margin were approximately 20.4% and 9.1%, respectively.- The Group has established business relationships as a main contractor with a wide range of sizeable property managers, reinforcing its solid market position.- The management team has extensive experience in the E&M engineering industry, with Executive Directors boasting over 20-30 years of industry experience.- The Group has developed a cloud-based and customized system “GL ERP” to facilitate efficient project management.- The Group has implemented strict operation systems complying with international standards and certified with ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management) and ISO 45001:2018 (Occupational Health and Safety Management).HONG KONG, Sep 30, 2025 - (ACN Newswire via SeaPRwire.com) – Golden Leaf International Group Limited ("Golden Leaf International" or the "Company", together with its subsidiaries, the “Group”), a well-established electrical and mechanical ("E&M") engineering contractor in Hong Kong, today announced its listing plan on GEM of Hong Kong Stock Exchange.Before exercising the Offer Size Adjustment Option, the Company plans to offer 100,000,000 shares, with 90% allocated to the Placing and 10% to the Public Offer, at the Offer Price ranging from HK$0.45 to HK$0.65 per Offer Share, which is expected to raise a fund of approximately HK$45 million to HK$65 million.The Public Offer is expected to commence on 30 September 2025 and close at 12:00 noon on 6 October 2025. The allocation results are expected to be announced on or before 9 October 2025. Trading of the Company's shares on GEM is expected to commence on 10 October 2025 under the stock code 8549, with a board lot size of 5,000 shares.Alliance Capital Partners Limited is the Sole Sponsor for the listing. Alliance Capital Partners Limited and CMBC Securities Company Limited are the Joint Overall Coordinators. Alliance Capital Partners Limited, CMBC Securities Company Limited, China Industrial Securities International Capital Limited, First Shanghai Securities Limited, Patrons Securities Limited, Phillip Securities (Hong Kong) Limited, South China Securities Limited, SPDB International Capital Limited and uSmart Securities Limited are Joint Bookrunners and Joint Lead Managers.Golden Leaf International is an established E&M engineering contractor in Hong Kong with almost 20 years of industry experience, specialising in HVAC systems works, which accounted for over 90% of the Group’s revenue. The Group also undertakes electrical systems works, and plumbing and drainage systems works.For each of FY2023/24 and FY2024/25, the Group completed over 1,000 projects at different scales. For the year ended 31 March 2025, the Group’s revenue increased by approximately 25.6% to approximately HK$154.5 million, and profit for the year increased by approximately 35.7% to approximately HK$14.1 million, compared to the previous financial year. The gross profit margin and net profit margin were 20.4% and 9.1%, respectively, for FY2024/25. As at 31 July 2025, the Group had 187 projects on hand with a backlog value of approximately HK$62.8 million. In addition, the Group has renewed a project for a term of three years commencing from September 2025 with a contract sum expected to be no less than HK$50 million.The Group has maintained many years of business relationships with sizable property managers in Hong Kong. Revenue from the top five customers accounted for approximately 64.5% and 68.1% of the Group’s total revenue for the years ended 31 March 2024 and 2025, respectively.The Group’s project portfolio covers commercial properties across Hong Kong Island, Kowloon and the New Territories, including Olympian City in Tai Kok Tsui, China Hong Kong City in Tsim Sha Tsui, Citywalk in Tsuen Wan, Hang Lung Centre in Causeway Bay, Fashion Walk in Causeway Bay, Peak Galleria at the Peak, AIA Tower in North Point, Metro Harbour Plaza in Tai Kok Tsui, The Center in Central, Taikoo Place in Quarry Bay, AIRSIDE in Kai Tak and the Metropolis Tower in Hung Hom.The Company’s management team is experienced and up-to-date with the development of the E&M engineering industry. Mr. Ip Kam Yik, the Chairman of the Board, Chief Executive Officer, Executive Director and one of the founders of the Company, has over 20 years of experience in the E&M engineering industry. Mr. Lui Kwok Kit, Executive Director and one of the founders of the Company, has over 30 years of experience in the E&M engineering industry with extensive on-the-ground experience.The Group has developed a cloud-based "GL ERP" system to facilitate efficient project management, covering tender preparation and approval, project progress monitoring and financial management. Moreover, the Company has implemented strict operation systems complying with international standards and fully certified with ISO 9001:2015 (Quality Management), ISO 14001:2015 (Environmental Management) and ISO 45001:2018 (Occupational Health and Safety Management).The market size for HVAC works in Hong Kong has shown robust growth, driven by urban renewal, sustainability initiatives, and technological advancements. The private sector has been the dominant driver of this growth, expected to grow at a CAGR of approximately 5.8% from 2025 to 2029 reaching approximately HK$8,318.3 million by 2029, reflecting steady demand for upgrades and smart HVAC technologies.The Company intends to use the net proceeds from the Share Offer as follows: approximately 56.1% to finance up-front costs for new projects; approximately 32.6% for recruiting new staff and leasing an additional office; approximately 1.3% for upgrading the "GL ERP" system; and approximately 10% for general working capital purposes.Media Enquiries:Strategic Financial Relations (China) LimitedMs. Anita CHEUNG Tel: (852) 2864 4827Ms. Coco ZHANG Tel: (852) 2864 4830Ms. Alison YIU Tel: (852) 2864 4897Email: sprg-goldenleaf@sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Bamboos Announces 2025 Annual Results ACN Newswire

Bamboos Announces 2025 Annual Results

HONG KONG, Sep 29, 2025 - (ACN Newswire via SeaPRwire.com) – Bamboos Health Care Holdings Limited ("Bamboos" or the "Group", Stock Code: 2293) announced its annual results for the year ended 30 June 2025 (the "Period" or the "Year") on September 30th. The Group's overall business remained stable during the year, continuing its consistent focus on shareholder returns, and declared a final dividend for 2025 of HK1.50 cents per ordinary share.During the Period, the Group's revenue was approximately HK$74.4 million. The revenue from the provision of healthcare staffing solution services was approximately HK$61.7 million, comprising approximately HK$35.2 million from institutional staffing solution services and approximately HK$26.5 million from private nursing staffing services. Other income increased year-on-year to HK$1.6 million. Profit before income tax was approximately HK$22.4 million. Profit attributable to equity holders of the Company for the year amounted to approximately HK$17.5 million. Finance income increased year-on-year to approximately HK$1.6 million for the year. Total assets remained stable, with current assets maintaining a healthy level.Furthermore, during the year, the Group also utilized idle cash balances to acquire SPDR Gold Trust, which is a standalone investment trust and an exchange trade fund which holds gold bullion (the "Acquisitions"), enhancing the efficiency of utilizing the Group's idle cash. The Board considers that the Acquisitions provide the Group with opportunity to balance and diversify its investment portfolio, as well as protecting the Group from currency debasements and inflation in times of uncertainty.As of 30 June 2025, the number of healthcare personnel registered with the Group increased by 7.4% year-on-year to approximately 32,000, from 29,800 in the same period last year. This steadily growing, large, and diverse pool of registered healthcare personnel not only demonstrates the Group's favorable benefits and talent retention rate but will also help the Group further enhance its competitive strength and seize business development opportunities.Actively Advances Integration of 'Technology+Innovation' with Healthcare, New 'Bamboos Health' Ecosystem Holds Broad Development SpaceWith healthcare staffing solutions at its core, Bamboos provides professional, comprehensive, reliable, and customized institutional support services and home care nursing solutions for the Hospital Authority, private hospitals, social welfare organizations, clinics, and research medical institutions. While steadfastly maintaining its core business in recent years, the Group has actively promoted the integration of "Technology + Innovation" with healthcare, continuously optimizing service quality and efficiency, deepening business cooperation, and expanding business scope. By integrating three major service sectors – Preventive Medicine, Chinese and Western Medical Services, and Smart Elderly Care and Age-Friendly Living Solutions – the Group has built a new "Bamboos Health" ecosystem.During the year, the Group also actively utilized its self-owned physical space in Mong Kok, and has established a service platform integrating healthcare, smart home AI elderly care technology, and data – "healtHUB". It has evolved from initially providing healthcare staffing solutions into a health technology ecosystem platform covering the full lifecycle of "Prevention-Treatment-Rehabilitation-Home Care-Smart Elderly Care", providing a one-stop healthcare and smart home service solution empowered by "Technology + Innovation".Given the ongoing trends of population ageing and healthcare manpower shortages, coupled with the broad prospects of the global AI healthcare market, Bamboos' focus on "Technology + Innovation" empowerment and its business coverage of the full lifecycle aligns with healthcare industry development trends. Simultaneously, the Group actively responds to national and government policies, echoing China's "Healthy China 2030" Plan Outline and supporting the development of Hong Kong's Primary Healthcare system. This not only allows multiple business lines to benefit from long-term policy support and access stable government business resources but also creates synergies with other operations, presenting Bamboos Health Care with extensive, stable business demand and medium-to-long-term sustainable growth potential.Ms. Hai Hiu Chu, Chairman and Chief Executive Officer of Bamboos Group, said, "Bamboos will continue to dedicate itself to strengthening and consolidating its core business and becoming a more renowned market leader, while actively seeking new business opportunities, advancing the integration of 'Technology + Innovation' with healthcare, and forming alliances or partnerships with strategic collaborators to pursue greater diversification of the Group's business, supporting Bamboos' sustainable growth and the strategy of maximizing shareholder returns."About Bamboos Health Care Holdings LimitedBamboos Health Care Holdings Limited provides a one-stop healthcare and smart home service solution empowered by "Technology + Innovation". Since its establishment in 2009, the Group has always adhered to the service philosophy of "Care • Competence • Commitment". In recent years, while steadfastly maintaining its core business, the Group has promoted the integration of "Technology + Innovation" with healthcare, continuously optimizing service quality and efficiency, deepening business cooperation, and expanding business scope. By integrating three major service sectors – Preventive Medicine, Chinese and Western Medical Services, and Smart Elderly Care and Age-Friendly Living Solutions – the Group has built a new "Bamboos Health" ecosystem. The Group also actively utilized its self-owned physical space in Mong Kok, establishing a service platform integrating healthcare, smart home AI elderly care technology, and data – " healtHUB". The Group has now evolved from initially providing healthcare staffing solutions into a health technology ecosystem platform covering the full lifecycle of "Prevention-Treatment-Rehabilitation-Home Care-Smart Elderly Care".With healthcare staffing solutions at its core, Bamboos boasts a network of over 32,000 qualified professional healthcare personnel, providing professional, comprehensive, reliable, and customized institutional support services and home care nursing solutions for the Hospital Authority, private hospitals, social welfare organizations, clinics, and research medical institutions. To date, the Group has served over 3,500 nursing homes / rehabilitation centres / clinics. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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31 Concept Accelerates Next-Gen DPI Leadership With Strategic Acquisition of Xynthor AI ACN Newswire

31 Concept Accelerates Next-Gen DPI Leadership With Strategic Acquisition of Xynthor AI

DUBAI, Sept 29, 2025 - (ACN Newswire via SeaPRwire.com) - 31 CONCEPT (31C), a leading UAE-based cybersecurity innovator, today announced the strategic acquisition of Xynthor AI Software Inc., a Canadian company pioneering AI-native Data Loss Prevention (DLP) solutions. This acquisition strengthens 31C's commitment to advancing Deep Packet Intelligence (DPI), corporate security, and data sovereignty in an AI-centric world.31 Concept & XynthorBy integrating Xynthor's "DLP for AI Era" with 31C's DPI expertise, the combined platform will deliver the most comprehensive AI-aware security solution available. This move addresses the growing need for security systems capable of handling modern AI-driven workflows.Why It MattersThe rise of generative AI tools such as ChatGPT and Claude has outpaced the capabilities of traditional DLP systems, which were built for structured data and static rules. High-profile incidents, including the accidental leakage of proprietary source code by Samsung engineers using ChatGPT, highlight the urgent need for AI-specific safeguards.Misha Hanin, CEO of 31C, emphasized: "The convergence of AI and cybersecurity is the most significant paradigm shift our industry has ever seen. Traditional methods cannot manage the dynamic, context-aware data flows of today's AI environments. Through this acquisition, we are pioneering an entirely new category of AI-native security solutions."Xynthor's Breakthrough TechnologyXynthor brings several unique differentiators:AI Data Guardian: Prevents sensitive information from leaving the organization using NLP-driven detection.Air-Gapped Architecture: Keeps analysis inside the client's environment, ensuring privacy and compliance.Context-Aware Intelligence: Reduces false positives through AI-driven classification and behavioral analysis.Private LLM Protection: Enables safe use of internal large language models without external exposure.Seamless Integration: Works with existing infrastructure while supporting regulations like HIPAA and GDPR.Comprehensive AI-Era PlatformThe integrated platform enhances DPI with real-time policy management, adaptive threat detection, and behavioral analytics. It also streamlines compliance with GDPR, HIPAA, PCI DSS, and upcoming AI governance standards.Boris Heismann, CTO of 31C, stated: "We're not only responding to current demands but anticipating tomorrow's challenges. Combining DPI with AI-native DLP creates a future-ready security platform."Strategic ImpactThe global cost of data breaches averages over $4 million per incident, and AI-driven risks are only increasing. By uniting DPI and AI-native DLP, 31C positions itself as a global leader capable of addressing these critical challenges.This acquisition aligns with 31C's growth strategy, including performance-based incentives tied to Xynthor's product success. Both companies will continue to operate from the UAE and Canada, combining their strengths to accelerate innovation and market expansion.About 31CFounded in the UAE, 31C is a cybersecurity company specializing in Deep Packet Intelligence, corporate security, and data sovereignty. Its innovative approach makes it a trusted partner for enterprises, governments, and regulators worldwide.About Xynthor AIBased in Canada, Xynthor AI develops AI-native security platforms designed to protect organizations using generative AI, ensuring both safety and compliance in the AI era.For more information about 31C's Next Gen DPI solutions, visit https://31c.io.Contact InformationMisha HaninCEOmisha.hanin@31c.ioSOURCE: 31 Concept Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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World’s First Methanol Dual-Fuel PCTC ‘CM HONG KONG’ makes its maiden voyage to Hong Kong ACN Newswire

World’s First Methanol Dual-Fuel PCTC ‘CM HONG KONG’ makes its maiden voyage to Hong Kong

HONG KONG, Sep 29, 2025 - 28 September, The world's first 9,300 CEU methanol dual-fuel Pure Car and Truck Carrier (PCTC), "CM HONG KONG", celebrated its maiden voyage with a ceremony in Tsing Yi, Hong Kong. Vice-chairperson of the National Committee of the Chinese People's Political Consultative Conference, Leung Chun-ying, Chief Secretary for Administration of the HKSAR, Chan Kwok-kei, Deputy Director of the Liaison Office of the Central People's Government in the HKSAR, Qi Bin, and Chairman of China Merchants Group Limited, Miao Jianmin, etc. attended the ceremony, with Executive Vice President of China Merchants Group Limited, Deng Renjie, as the master of ceremonies.During the event, a commemorative plaque was presented to the ship's captain. Guests toured the vessel's bridge, crew quarters, and innovative methanol dual-fuel system, witnessing its advancements in low-carbon technology and operational efficiency.Built for China Merchants Energy Shipping (CMES), "CM HONG KONG" is the first large-scale car carrier powered by a methanol dual-fuel system, enabling seamless switching between conventional fuel and methanol. Compliant with IMO Tier III emission standards, it achieves over 70% emissions reduction when using green methanol. The ship, measuring 219.9 meters long and 37.7 meters wide, has a design capacity of 9,300 CEUs, with an actual capacity of up to 9,492 CEUs. Its 78,416-square-meter loading area, equivalent to 11 football fields, features 13 decks, including three adjustable lift decks and three tailored for hydrogen fuel cell vehicles. Dual stern and side ramps boost loading/unloading efficiency by 30%. Safety is enhanced with 156 CCTV cameras and thermal imaging infrared sensors across all decks."CM HONG KONG" embarked on its inaugural China-to-Europe route, unloading vehicles in Hong Kong before heading to Europe. Leveraging Hong Kong's free port status, CMES aims to advance the "green fuel trade + port services" model, fostering economic growth, attracting international vessels for green fuel bunkering, and strengthening Hong Kong's role as a global green maritime hub.Vice-chairperson of the National Committee of the Chinese People's Political Consultative Conference, Leung Chun-ying, delivered a speech at the ceremony.Chief Secretary for Administration of the HKSAR, Chan Kwok-kei, delivered a speech at the ceremony.Chairman of China Merchants Group Limited, Miao Jianmin, delivered a speech at the ceremony. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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World Quantum Summit 2025 Concludes to a Full House: “Quantum Unboxed” Signals the Next Leap in AI and Industry Transformation ACN Newswire

World Quantum Summit 2025 Concludes to a Full House: “Quantum Unboxed” Signals the Next Leap in AI and Industry Transformation

SINGAPORE, Sept 29, 2025 - (ACN Newswire via SeaPRwire.com) - The future arrived today in Singapore as the World Quantum Summit 2025 (WQS) — themed “Quantum Unboxed: Extending the Reach of AI” — concluded at the Sheraton Towers Singapore with a full house attendance filling the ballroom to capacity. The overwhelming turnoutunderscored the growing global appetite for practical quantum solutions that extend the power of artificial intelligence and accelerate its real-world impact.This year’s summit was not a standalone event but the culmination of a three-day intensive journey into the future of computing and intelligence. On 23–24 September, participants took part in a sold-out Executive Workshop on Quantum and AI, which built foundational understanding of quantum principles, emerging architectures, and integration strategies. The final day brought it all together, showcasing how those concepts are now being deployed in industry — from real-world applications to large-scale investment strategies.Unlike traditional conferences focused solely on research or theory, WQS 2025 brought together the entire ecosystem driving quantum innovation forward. The summit featured practitioners representing different quantum approaches, policy makers, venture investors, academics, corporates, researchers, and ecosystem partners — all converging under one roof to chart the path from lab breakthroughs to industry-scale adoption. On the exhibition floor, leading players such as ST Engineering, QBoson, and TM Research & Development showcased quantum - enhanced solutions in optimisation, secure computing, and AI acceleration. Meanwhile, Gold Capital Network Partners — IMGT and IWC Management — hosted curated sessions connecting founders and investors to accelerate funding into quantum ventures poised for growth.A key highlight was the line-up of 19 world-class speakers, each offering cutting-edge insights into how quantum is transforming the AI landscape. Among them were Assoc. Prof. Mile Gu, Deputy Director of the Nanyang Quantum Hub at Nanyang Technological University; Jeremy Woo, Senior Technical Advisor at D-Wave System; Deepak Waghmare, CTO (APJC) of Dell Technologies; Ujjwal Kumar, Principal Architect, Office of the CTO at Microsoft Asia; Dr. Simon See, Senior Director and Global Head of the NVIDIA AI Technology Center; Bruno Aznar Martinez, R&D Software Developer at Keysight Technologies; Raghunath Koduvayur, CEO of RAQS Quantum; Gao Qi, Algorithm Director at QBoson; Ken Chew, CEO and Partner of IWC Management; and Tony Gu, General Partner at NGC Ventures. They were joined by Ong Yongcheng of Insignia Ventures, Dr. Amelia Tan of ST Engineering, Eric Lee of Deloitte Southeast Asia, Atsushi Sugiura of Oxford Quantum Circuits, Hidetoshi Matsumura of Fujitsu Limited, Ray Han of SAP, Duleesha Kulasooriya of Deloitte, Manisha Sharma Kohli of Google, and Simon Lawrie of AWS.Throughout the summit, a clear narrative emerged: quantum computing has moved beyond theory into strategic deployment, offering a powerful multiplier for AI. Industry leaders showcased case studies where quantum-enhanced AI is already delivering breakthrough results — from accelerating molecular simulations and optimising financial portfolios to solving supply chainchallenges previously considered intractable. Discussions highlighted how enterprises are integrating quantum capabilities directly into their AI workflows, achieving dramatic improvements in processing power, speed, efficiency, and cost-to-insight.The summit also reflected the shifting investment landscape. As quantum technologies mature, institutional and venture capital investors are moving rapidly to back companies with commercially viable products and near-term revenue potential. “Quantum is no longer the future — it’s today’s most powerful strategic edge and already seeing some real applications,” said Ken Chew, CEO of IWC Management. “The confluence of quantum and AI and their cross-synergies are powerful and those who integrate it into their AI stack early will potentially define the competitive landscape of the next decade.”By the close of the event, one message was clear: quantum will not replace AI — it will supercharge it. With practitioners, investors, policymakers, and researchers now aligned on the urgency of adoption, the era of practical quantum applications is no longer a distant vision — it is here, and it is redefining howindustries think about computation, intelligence, and innovation.The World Quantum Summit has firmly established itself as Asia’s premier platform for quantum commercialisation, bridging science, industry, and capital to accelerate real-world adoption. With its unique focus on applications over abstraction and its ability to convene the full quantum ecosystem, WQS is not just a conference — it is a catalyst for the next wave of technological transformation.Media Contact:Eric KhooConference Director, TPGI Pte Ltderic.khoo@pinnaclegroup.global+65 8383 2480 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Hua Medicine Announces that the Pharmaceutical Service of Hong Kong Department of Health of China has Officially Accepted the Application for Marketing Authorization of the New Drug Dorzagliatin ACN Newswire

Hua Medicine Announces that the Pharmaceutical Service of Hong Kong Department of Health of China has Officially Accepted the Application for Marketing Authorization of the New Drug Dorzagliatin

Hong Kong Department of Health accepts NDA for dorzagliatin, the world’s first approved glucokinase activator (GKA).Builds on China approval and strong Phase III and real-world clinical results showing durable glucose control and safety.Positions Hong Kong as a strategic gateway for Hua Medicine’s global expansion into Southeast Asia and beyond.SHANGHAI, Sept 29, 2025 - (ACN Newswire via SeaPRwire.com) - Hua Medicine (“the Company”, HKEX: 2552) announced that the Department of Health of the Hong Kong Special Administrative Region of China accepted a New Drug Application (NDA) for dorzagliatin, the world’s first glucokinase activator (GKA) approved for the treatment of Type 2 diabetes (T2D).The acceptance of the NDA marks an important milestone in Hua Medicine’s strategy to expand beyond China, bringing its innovative, disease-modifying treatment to more patients across Asia and ultimately to global markets.With more than half a million people living with diabetes in Hong Kong and nearly 240 million across Asia, the NDA represents a significant step toward addressing one of the region’s most urgent health challenges.A first-in-class therapy with global potentialDorzagliatin was approved for marketing by the China National Medical Products Administration (NMPA) in September 2022 for two indications, both to improve blood glucose control for T2D patients, 1) It can be used as mono-treatment for drug-naïve T2D patients, as first-line treatment, 2) When metformin hydrochloride alone has poor blood glucose control, it can be used in combination with metformin hydrochloride. Unlike conventional drugs that manage symptoms, dorzagliatin targets the root cause of blood sugar dysregulation by repairing the function of glucokinase (GK), the body’s glucose sensor. By restoring glucose sensitivity, dorzagliatin helps maintain blood sugar balance and supports long-term disease management.Results from two Phase III registration trials in China demonstrated that dorzagliatin significantly and sustainably lowered HbA1c levels, improved pancreatic β-cell function, and reduced insulin resistance, all while showing strong safety and tolerability. Findings are being further validated in ongoing real-world studies, of which some interim analysis and data were presented at the 2025 American Diabetes Association (ADA) Scientific Sessions.Strategic gateway to new marketsHong Kong has established a comprehensive, community-based system for diabetes management and serves as a medical and financial hub for the region. Research findings from the Hong Kong Diabetes and Obesity Research Institute at The Chinese University of Hong Kong indicate that the implementation of a community-based public-private collaboration model for diabetes management provided significant benefits to the community. The advanced experience in Hong Kong is of great significance for improving the quality of life of diabetes patients, controlling the progression of the disease, and reducing the burden on the healthcare system. Once approved in Hong Kong, it will also provide clinical application of dorzagliation for the personalized management of diabetes.According to Hong Kong's former new drug approval mechanism, applicants were required to submit to the authority new drug registration certificates issued by the drug regulatory agencies of two or more recognized countries, as well as other specified relevant documents, in order to support the approval and marketing of the product. Under the newly established "1+" mechanism, after meeting requirements such as local clinical data support and having the applicable scope of the new drug endorsed by local experts, an applicant only needs to submit the approval from one (instead of the original two) reference drug regulatory authority to apply for registration of the new drug in Hong Kong. This mechanism initially applied to new drugs for the treatment of serious or rare diseases, and has been extended to all new drugs since 2024.Under the leadership of Ms. Beili Cao, Vice President of Department of Corporate Operation and Great Bay Development, Hua Medicine has conducted sufficient and in-depth communications with local clinical experts and regulatory authorities in Hong Kong, and became an early pioneer of this mechanism. The Company filed its application for registration of dorzagliatin in Hong Kong at the end of July, and the application was officially accepted by the end of September.Dr. Li Chen, Founder and Chief Executive Officer of Hua Medicine, said: “Acceptance of dorzagliatin’s NDA in Hong Kong is not only recognition of its clinical value but also a pivotal step in Hua Medicine’s international journey. Hong Kong’s unique position as a regional healthcare leader and financial hub makes it the ideal gateway for expanding dorzagliatin’s reach into Southeast Asia and beyond. We are committed to working with local doctors and partners in Hong Kong to explore dorzagliatin’s potential in both treatment and prevention of prediabetes and early-stage diabetes, ensuring more patients worldwide can benefit from this breakthrough therapy.”Dorzagliatin: A transformative T2D treatmentDorzagliatin was approved in September 2022 in China, and it was included in the country’s National Reimbursement Drug List (NRDL) as of January 1, 2024.Dorzagliatin can be used alone as a first-line therapy for newly diagnosed patients, or together with metformin when blood sugar control is inadequate. Unlike many other approved oral antidiabetes drugs, no dose adjustment is required for patients with kidney impairment. It works by repairing the body’s glucose sensor, glucokinase (GK), restoring glucose sensitivity and long-term blood sugar balance. It acts across key organs—stimulating insulin secretion in the pancreas, boosting GLP-1 secretion in the gut, and regulating glycogen in the liver. This multi-target approach addresses the root cause of Type 2 diabetes, not just its symptoms.The NDA application in Hong Kong is based on the results of two Phase III registration clinical studies conducted in China evaluating the use of dorzagliatin monotherapy and in combination with metformin for the treatment of patients with Type 2 diabetes. Two studies have shown that for two categories of T2D patients—those newly diagnosed and not yet on medication, and those who have failed to respond adequately to metformin therapy— dorzagliatin can sustainably and effectively lower patients' HbA1c levels by repairing defects in the glucose sensor function of GK, significantly reduce postprandial two-hour blood glucose levels (2h-PPG), achieve high glycemic control rates without hypoglycemia, demonstrate good safety and tolerability, and continuously improve β-cell function and reduce insulin resistance.Forward-Looking StatementsThis document contains statements regarding Hua Medicine’s future expectations, plans, and prospects for the Company and its products. These forward-looking statements pertain only to events or information as of the date they are made and may change due to future developments. Unless required by law, we are not obligated to update or publicly revise any forward-looking statements or unexpected events after the date of such statements, regardless of new information, future events, or other circumstances. Please read this document carefully and understand that our actual future performance or results may differ materially from expectations due to various risks, uncertainties, or other legal requirements.About Hua MedicineHua Medicine (The “Company”) is an innovative drug development and commercialization company based in Shanghai, China, with companies in the United States and Hong Kong. Hua Medicine focuses on developing novel therapies for patients with unmet medical needs worldwide. Based on global resources, Hua Medicine teams up with global high-calibre people to develop breakthrough technologies and products, which contribute to innovation in diabetes care. Hua Medicine's cornerstone product HuaTangNing (dorzagliatin tablets), targets the glucose sensor glucokinase, restores glucose sensitivity in T2D patients, and stabilizes imbalances in blood glucose levels in patients. HuaTangNing was approved by the National Medical Products Administration (NMPA) of China on September 30th, 2022. It can be used alone or in combination with metformin for adult T2D patients. For patients with chronic kidney disease (CKD), no dose adjustment is required. It is an oral hypoglycemic drug that can be used for patients with Type 2 diabetes with renal function impairment.For more informationHua MedicineWebsite: www.huamedicine.comInvestorsWebsite: ir@huamedicine.comMediaWebsite: pr@huamedicine.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Quantum Solutions to Soar Past 100,000 ETH as Landmark Investment from SIG x ARK x IAM Crowns Japan’s ETH Champion ACN Newswire

Quantum Solutions to Soar Past 100,000 ETH as Landmark Investment from SIG x ARK x IAM Crowns Japan’s ETH Champion

TOKYO, Sep 29, 2025 - (ACN Newswire via SeaPRwire.com) – Quantum Solutions Co., Ltd. (Tokyo Stock Exchange Code: 2338.T, “Quantum”) announced its strategic financing initiative on September 26 to issue 44 million shares to a blue-chip investor mix of three heavyweight institutions, providing the necessary permanent capital and network access to position Quantum as a potential frontrunner in the world of Ethereum (ETH) listed strategies and a showcase standout in the Tokyo stock market.For Japanese investors, this represents another significant commitment by leading US capital, following Warren Buffett’s investment in Japan’s five major trading companies. For international investors, it signals that Tokyo’s stock market is an increasingly attractive destination for global capital, welcoming new opportunities for “smart money”.Dream Team of Global Capital Aligns for Quantum, International Demand for Japanese Equities Continues to GrowQuantum’s investor line-up is a market stunner in the emerging field of crypto-linked equities. Susquehanna International Group (SIG), investing via CVI Investments, holds the capital firepower to accelerate Quantum’s ETH accumulation and expand its balance sheet for upcoming fundraising rounds. With a portfolio that includes early investments in ByteDance and Strategy Inc. (NASDAQ: MSTR), SIG is a Tokyo Stock Exchange participant, offering the robust capital infrastructure that analysts consider essential for a successful Digital Asset Treasury (DAT).Cathie Wood affirms her position as the world’s leading investor in crypto-linked equities with ARK Invest’s first direct foray into APAC-listed opportunities. In the US market, ARK has a track record for identifying category leaders such as ETH Treasury Bitmine Immersion Technologies (NYSE: BMNR) and cryptocurrency exchange Coinbase (NASDAQ: COIN). By adding Quantum, Wood extends her expertise to the Tokyo market, bringing visibility to Quantum in front of the global investing audience as the region’s most promising ETH Treasury initiative.The third participant is Hong Kong-based Integrated Asset Management (IAM), led by Mr. TC Yam. As the majority shareholder of Forbes Media, IAM’s cross-sector presence in international finance and media resources bolsters Quantum’s capital depth and reputational standing. Like ARK, IAM makes its first public investment in the Tokyo stock market, signaling growing confidence among global institutional investors in Japan's equity market.The fundraise utilizes convertible bonds and both floating and fixed strike price warrants for a total issuance of approximately 44 million shares, nearly doubling the company’s existing share capital. None of the instruments are priced at a discount, a rarity for DAT fundraises, suggesting that the incoming investors are targeting long-term growth prospects. As of market closing on September 26, the nominal value of the financing round comes to over JPY 26 billion (approx. USD 180 million), with the first tranche valued at JPY 22.1 billion (approx. USD 150 million).First ETH Treasury in Japan — A Differentiated Strategy Offering Long-Term Returns on EquityAccording to research reports by leading investment banks, the key determinants of success for listed Digital Asset strategies are robust access to capital and a team with operational blockchain expertise. Through this fundraising initiative, Quantum taps into fresh sources of capital and aligns with investors of strong reputation, prompting market expectations of long-term backing.Quantum CEO Francis B. Zhou is no newcomer to the Digital Asset industry, as one of the first institutional investors and operators in the blockchain space. In 2018, Zhou acquired the world’s second largest ETH mining facility, based in Jokkmokk, Sweden. Zhou maintains investments in early stage blockchain projects alongside film and IP holdings in his venture investment portfolio, and brings a network of experienced blockchain operators, including Head of Crypto Strategy Donny Chi.Proceeds from Quantum’s financing initiative will be used to accumulate ETH. Although BTC has demonstrated adoption as a store-of-value, ETH is the foundational asset for blockchain applications, enabling companies like Quantum to explore attractive yield-generating opportunities to drive a blend of organic and inorganic growth for the company’s core treasury and balance sheet.The appeal of yield-bearing strategies is supported by data from the US market, which indicates that listed ETH Treasuries trade at a price-to-book multiple of 7.72x, more than 3 times higher than that of listed BTC Treasuries. More remarkably, the price-to-book of ETH Treasuries is trending upwards, increasing by over 20% within the trading month of September, demonstrating that the market expectations continue to strengthen for listed ETH Treasuries as it relates to long-term returns on equity.Zhou and the Quantum Solutions team have a history of exploring growth frontiers, consequently developing industry traction in AI computing, GPU hosting, and IP gaming. This positions the company to pursue unique opportunities beyond overcrowded sectors in Real World Asset (RWA) space to potentially generate more attractive returns.With the fundraise, Quantum’s notional price-to-book multiple is estimated to be less than 30% of the market median. Assuming that the company can reach its fair value, the structure of the fundraise allows the company to rapidly accelerate its capital accumulation to reach the target of 100,000 ETH within the near term, positioning Quantum among the leading ETH Treasury companies globally.Growth Driven Policies in Japan Encourage Prospects for Long-Term Shareholder ValueConsistent government support for the blockchain industry and increasing clarity in regulations are ushering in a more investor-friendly market for Digital Assets in Japan. Whereas the US market already has ETH Treasury companies such as Bitmine (NASDAQ: BMNR) and SharpLink Gaming (NASDAQ: SBET) achieving significant market cap growth as capital market highlights, Japan lacks a similar listed benchmark. Quantum Solutions’ entry fills this gap, opening a new chapter as "Japan’s first”, and creating conditions for capital inflow and renewed market participation.This financing round, nominally valued at approximately USD 180 million, is a landmark in both the Japanese stock market as well as the crypto-linked equities space. Through the combined endorsement of SIG, ARK, and IAM, Quantum not only secures funding but also international validation under a capital structure optimized to maximize long-term shareholder value. High-profile deals of this caliber further Tokyo as an emerging destination for savvy investors. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Serving the Belt and Road, Setting a New Benchmark for Education, Tianli International School Breaks Ground in Laos National Administrative Center ACN Newswire

Serving the Belt and Road, Setting a New Benchmark for Education, Tianli International School Breaks Ground in Laos National Administrative Center

HONG KONG, Sept 29, 2025 - (ACN Newswire via SeaPRwire.com) - Tianli International Holdings Limited (“Tianli International”) and Shenzhen Yidatong Group recently held a formal signing ceremony in Hong Kong to launch their strategic partnership. The agreement, signed at 3:00 PM on September 25th, marks the official start of a high-end international school project in the heart of Laos’s National Administrative Center.This collaboration represents far more than a commercial alliance. It is a key milestone in Tianli International’s dual strategic priorities—“Education AI” and “China International Education Going Global”—and a concrete step in response to China’s Belt and Road Education Initiative and the national blueprint China Education Modernization 2035, which calls for “a new era of educational openness.”Under the agreement, the partners will jointly develop a world-class international education complex featuring two flagship schools:Premier British Boarding School, offering a complete UK curriculum and authentic boarding traditions to nurture the next generation of global leaders from Laos and neighboring countries.Lida Chinese International School, centered on China’s national curriculum, this school will provide both general and academic Chinese tracks, establish a direct pathway to China’s top universities, and promote two-way student exchange programs.The signing ceremony drew congratulations from the China Association for Non-Government Education, which praised the project as a pioneering example of Chinese private education expanding abroad. Guests and witnesses attended from China, Laos, France, Malaysia, Gambia, and other countries.Dr. Luo Shi, Chairman and President of Tianli International, stated that the partnership is both a pivotal milestone in the group’s global strategy and a major advance in its “Education AI + China International Education Going Global” initiative. Looking ahead, the two partners plan to explore innovations in smart-campus infrastructure and AI-driven teaching, delivering high-quality, diversified education options to Southeast Asia and the wider world.Media ContactCompany: Tianli Education (HK ) LimitedContact Person: Dr. Brown FengZhaoEmail: zhaofeng@tianlieducation.com Website: https://www.tianlieducation.com/en/about/index.html Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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China Medical System (867.HK; 8A8.SG) Positive Results from China Phase 3 Clinical Trial of Innovative Drug Ruxolitinib Cream with AD Indication ACN Newswire

China Medical System (867.HK; 8A8.SG) Positive Results from China Phase 3 Clinical Trial of Innovative Drug Ruxolitinib Cream with AD Indication

SHENZHEN, Sept 28, 2025 - (ACN Newswire via SeaPRwire.com) - China Medical System Holdings Limited (“CMS”) is pleased to announce that its subsidiaries, Dermavon Holdings Limited (“Dermavon”, an innovative pharmaceutical company specialized in skin health which is applying for a separate listing on the Main Board of The Stock Exchange of Hong Kong Limited, please refer to the announcement published by CMS on 22 April 2025 for details) together with its subsidiaries, obtained positive results from the phase 3 clinical trial (the “Trial”) of ruxolitinib cream (the “Product”) in patients with mild to moderate atopic dermatitis (AD) in China.The Trial is a randomized, double-blind, placebo-controlled, multi-centre clinical trial, with 192 patients enrolled in total, aiming to evaluate the safety and efficacy of the Product in patients with mild to moderate AD. The leading institution is Shanghai Dermatology Hospital, and the principal investigator is Professor Shi Yuling.The phase 3 clinical trial of ruxolitinib cream in patients with mild to moderate AD in China met its primary endpoint, demonstrating that a significantly higher proportion of patients treated with ruxolitinib cream achieved IGA (Investigator's Global Assessment) of 0 or 1 with at least two grades of reduction from baseline at week 8, compared with placebo (63.0% vs 9.2%, P
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Evergreen Profits Invests in Academic Labs Following $AAX Listing on Biconomy, Advancing a Universal Knowledge Layer for Decentralized AI Learning ACN Newswire

Evergreen Profits Invests in Academic Labs Following $AAX Listing on Biconomy, Advancing a Universal Knowledge Layer for Decentralized AI Learning

SINGAPORE, Sept 27, 2025 - (ACN Newswire via SeaPRwire.com) - Academic Labs, the team building the first Universal Database of Knowledge for decentralized autonomous learning, has secured a strategic investment from Evergreen Profits.The announcement follows the recent listing of Academic Labs’ native token, $AAX, on Biconomy—an inflection point that broadens liquidity and participation while aligning incentives across developers, contributors, and institutional partners.What is Academic Labs?Academic Labs is architecting a transparent, interoperable knowledge layer where AI agents can autonomously learn, verify, and teach skills.By combining gamified learning, DAO-based governance, and data interoperability, the project aims to create a consensus-driven intelligence substrate that is open, verifiable, and portable across ecosystems.Since launching its MVP in January 2024, Academic Labs has seen rapid adoption—200,000 videos and challenges completed in the first month—alongside notable community and institutional engagement through hackathons and courses at QS Top 50 universities. Its Project Education initiative now supports over 20 ecosystems and reaches more than two million people worldwide.On the market front, the project recorded over $6M in first-day trading volume on Gate and completed BGA’s light incubation program under Bybit.Strategic Timing: Post-$AAX Biconomy ListingThe timing of Evergreen Profits’ investment is strategically significant. With $AAX newly listed on Biconomy, Academic Labs gains distribution that can anchor real utility: staking for curation and quality assurance, contributor rewards for challenge creation and validation, and governance participation in how the Universal Knowledge Graph is expanded and audited.Investor Fit and ComplementarityEvergreen Profits’ thesis-driven approach—built on adapting to cyclical market regimes—complements this next phase by emphasizing operational discipline, risk-aware growth, and standards that support long-term composability. Their portfolio experience across AI, data, and Web3 is expected to inform Academic Labs’ interoperability roadmap and agent-facing APIs.The investment will be directed toward three priorities.First, deepening the core protocol: advancing the Universal Knowledge Graph, extending agent APIs, and implementing on-chain verifiable credentials for proof-of-skill.Second, strengthening governance and incentives: refining DAO mechanisms for reputation, staking, and curation to ensure that knowledge ingestion and validation are transparent, auditable, and resistant to manipulation.Third, accelerating ecosystem growth: expanding university partnerships, developer programs, and cross-chain integrations so that content supply, challenge design, and agent training data scale in tandem with quality controls.What distinguishes this partnership is its emphasis on verifiability and portability. In an environment increasingly shaped by agentic AI, the bottleneck is not model capacity but trustworthy, structured knowledge and the signals that govern its use.By coupling $AAX’s broadened liquidity with Evergreen Profits’ cycle-aware capital and operational guidance, Academic Labs aims to turn raw educational content into an on-chain, consensus-curated knowledge asset that AI agents can query, learn from, and contribute back to—while users retain visibility into provenance and incentives.About Academic LabsAcademic Labs is building the 1st Universal Database of Knowledge that empowers decentralized autonomous learning for AI agents that assist users in acquiring skills and knowledge, fostering consensus-based intelligence for all of human society. Through gamification, DAOs, and data interoperability, we offer a limitless, transparent, and personalized channel for sharing and learning various skills.Trade AAX: https://www.biconomy.com/exchange/AAX_USDTSocial LinksX: https://x.com/Acad_LabsTelegram Group: https://t.me/academic_labsLinktree: https://linktr.ee/academic_labsDiscord: https://discord.gg/academic-labsMedia ContactBrand: Academic LabsContact: Media teamWebsite: https://acad.live Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Galaxy Payroll Group Supports Employers Amid U.S. H-1B Policy Changes ACN Newswire

Galaxy Payroll Group Supports Employers Amid U.S. H-1B Policy Changes

HONG KONG, Sep 26, 2025 - (ACN Newswire via SeaPRwire.com) – The recent Presidential Proclamation from the White House, instituting a substantial one-time fee of US$100,000 for new H-1B visa holders entering the United States, has created uncertainty for employers and professionals navigating the global talent market. While the policy aims to incentivize domestic hiring, it also accelerates the need for cost-effective and compliant international workforce solutions. Galaxy Payroll Group Limited (Nasdaq: GLXG) ("Galaxy" or the "Company"), a leading global payroll provider in the Asia-Pacific region, is committed to helping companies navigate these changes with its specialized suite of services.Rising Demand for EOR and International Payroll ServicesThe new regulation significantly increases the cost and complexity of relocating international talent to the U.S. In response, multinational corporations, particularly small and medium-sized enterprises (SMEs) and startups with limited budgets, are expected to seek alternative deployment models to maintain access to a global talent pool without incurring prohibitive expenses.To circumvent the hefty fee and intricate visa processes, businesses are increasingly likely to adopt remote hiring models, engaging talent directly in their home countries. This shift drives demand for Employer of Record (EOR) and international payroll outsourcing services, which allow companies to legally employ staff abroad without establishing a local entity."This policy has created challenges for employers and workers alike," said Mr. Wai Hong Lao, Chief Executive Officer of the Company. "Our expertise in payroll outsourcing and employment services across Hong Kong, Taiwan, Macau, and Mainland China in the Asia-Pacific region positions us to help companies navigate these changes and ensure full compliance with local regulations."Enhanced Capabilities with Stablecoin SettlementsGalaxy Payroll Group has further enhanced its service offerings by supporting payroll settlements in stablecoins. This innovative payment method provides companies with a more efficient, transparent, and cost-effective solution for managing cross-border payroll, especially for remote employees. By leveraging stablecoins, Galaxy Payroll Group helps companies reduce the risks associated with currency fluctuations and streamline their international payroll processes.Accelerated Adoption of Integrated Payroll TechnologyAs companies build more distributed teams, the need for streamlined, transparent, and efficient cross-border payroll management becomes critical. Galaxy Payroll Group’s focused technological solutions are designed to simplify multi-jurisdiction payroll processing, tax calculations, and compliance reporting within its operational regions. This capability aligns perfectly with the growing need to manage dispersed teams effectively, making integrated payroll technology a necessity rather than a luxury.Broad Market Opportunity for All U.S. EmployersThe new policy presents significant challenges for companies of all sizes, from SMEs to large multinational corporations like Microsoft, which employ a large number of H-1B visa holders. Galaxy Payroll Group’s comprehensive suite of services, including EOR, international payroll outsourcing, and stablecoin settlements, offers scalable and flexible solutions tailored to meet the needs of businesses of all sizes. By leveraging these services, companies can continue to access skilled professionals globally, ensuring they remain competitive in the international talent market."Our services are designed to support companies across the spectrum, from SMEs to large multinational corporations," Mr. Lao noted. "By leveraging our EOR and payroll services, these companies can continue to access skilled professionals globally, ensuring they remain competitive in the international talent market."Galaxy Payroll Group is well-positioned to meet the growing demand for efficient, compliant, and cost-effective international workforce management solutions. With its specialized suite of services, including support for stablecoin settlements, Galaxy Payroll Group provides a comprehensive and flexible solution to help companies navigate the complex global employment landscape. Galaxy Payroll Group remains committed to providing innovative and compliant solutions to support companies in their global talent management strategies.About Galaxy Payroll Group LimitedGalaxy Payroll Group Limited is a leading payroll outsourcing service provider based in Hong Kong. The company specializes in delivering HR and payroll solutions to multinational companies across various industries. With a focus on innovation and client satisfaction, GLXG operates in Hong Kong, Taiwan, Macau, and the PRC, offering payroll outsourcing, employment services, and consultancy to businesses of all sizes.For more information, please visit Galaxy Payroll Group's website: www.galaxyapac.com.Forward-Looking StatementsMatters discussed in this press release may constitute forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The words "believe," "anticipate," "intends," "estimate," "potential," "may," "should," "expect" "pending" and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations.For enquiry, please contact Intelligent Joy Limited:Karen DengPhone:(852) 3594 6407Email: pr-team@intelligentjoy.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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SCGJWD Logistics (SET: SJWD) implements roadmap further expanding cold storage investment base from CLMV + China to high-growth ASEAN countries ACN Newswire

SCGJWD Logistics (SET: SJWD) implements roadmap further expanding cold storage investment base from CLMV + China to high-growth ASEAN countries

BANGKOK, Sept 26, 2025 - (ACN Newswire via SeaPRwire.com) - SCGJWD Logistics PCL (SET: SJWD), the largest integrated logistics and supply chain service provider in ASEAN, is further expanding its cold storage warehouse business, increasing coverage from the CLMV + China group of countries to Indonesia, the Philippines, Malaysia and Singapore. This enlarged regional cluster reinforces the Company's position as a strong Cold Chain Hub in ASEAN, capitalizing on the growth of cold storage in the region and leveraging cold storage as a growth driver for the core business.SCGJWD Logistics Co-CEOs: Mr. Bunn Kasemsup (L) and Mr. Charvanin Bunditkitsada (R)Mr. Bunn Kasemsup, Co-CEO of SCGJWD Logistics, remarked that the Company recognized the economic growth potential in Indonesia, the Philippines, Malaysia and Singapore as leading ASEAN countries driving regional economies. "We are expanding our cold storage warehouse and temperature-controlled transport business from the 'CLMV + China' group of countries (Cambodia, Lao PDR, Myanmar, Vietnam + China) to these Southeast Asian countries to enhance our position as a Cold Chain Hub in ASEAN – a strong center of the cold storage warehouse business in ASEAN, including the creation of a regional cold storage warehouse clusters."SCGJWD has invested in logistics services in Indonesia since 2017 through joint venture PT SCG Barito Logistics, and is capable of providing country-wide logistics services, covering the major islands of Java, Sumatra, Kalimantan, Sulawesi, Bali, and Maluku. Services include land transport, general warehousing and dangerous goods storage, with a fleet of more than 200 trucks. In 2025, SCGJWD expects to realize a revenue of US$45 million, an 8% year-on-year increase, mainly from serving customers within the SCGJWD Group and Thai companies investing in Indonesia. SCGJWD has also entered into a joint venture with the Samudera Group, a major Indonesian shipping line operator, to manage cold storage warehouses, and is in negotiations for a business collaboration with a major Indonesian cold storage warehouse operator, which runs seven cold storage warehouses with a combined capacity of 30,000-40,000 pallets.In the Philippines, SCGJWD partnered with Royal Cargo, Inc (RCI), a leading integrated logistics and cold storage service provider in the country, to establish SCG Logistics Philippines Co., Ltd., a joint venture in 2023. SCGJWD recognized growth opportunities in the cold storage business in the Philippines and the potential in Royal Cargo, which operates over 140,000 square meters of cold storage space, capable of accommodating over 33,000 pallets. Discussions are currently underway to further expand investment in the Philippines.Malaysia was the latest country SCGJWD has invested in, partnering with Swift Haulage Berhad (SWIFT), a major integrated logistics service provider listed on the Malaysian Stock Exchange, to establish joint venture Swift Cold Chain Sdn Bhd to invest in three cold storage warehouse projects. These are: (1) The GVL Cold Chain project, within Shah Alam International Logistics Hub covering approximately 11,000 m2 with a 10,000 pallet capacity. Construction is expected to be completed in Q4 2025 for service in early 2026; (2) The cold storage warehouse project in Johor Bahru covering 10,000 m2 with a 10,000 pallet capacity. Preparations to start construction are currently under way and are expected to be completed in Q4 2026. Both these projects will require a total investment of more than 800 million baht; (3) The cold storage warehouse construction project in Penang, with an area of 10,000 to 20,000 m2. This project is expected to be finalized in Q1 2027."SCGJWD prioritizes the expansion of its logistics clusters in Indonesia, the Philippines, Malaysia, and Singapore, all of which are leading ASEAN countries with high growth potential. However, due to their archipelago-like geography, freight transport requires expertise and a truly comprehensive service network including solutions to meet the specific needs and addressing logistics and supply chain issues for customers. Therefore, we offer a wide range of services, including land, rail, and water transport; cold storage; general warehousing; and international freight forwarding, to meet the logistics needs of customers in each country and to ship goods from Singapore to Malaysia, the Philippines, or Indonesia," Mr Bunn said.Mr. Charvanin Bunditkitsada, Co-CEO of SCGJWD, stated that the 'CLMV + China' markets are strategically important for SCGJWD's cold storage business, with a broad market base covering both domestic consumption and import-export markets. This collaboration enables SCGJWD to connect and enhance its cross-border transportation services for temperature-controlled goods and general goods on the Thailand-ASEAN-China route. This has also led SCGJWD to adapt its transportation models and routes, including providing cross-border transportation services from other countries to Cambodia during the border closure period.SCGJWD, in collaboration with its partner RMA, has expanded its cold storage warehouse in Cambodia by 1,200 m2, bringing the total floor area to 3,400 m2, with an investment of US$550,000 (approximately 17.5 million baht). Recently, the Company partnered with Express Food Group (EFG), Cambodia's major operator of food chain franchises, including The Pizza Company, Dairy Queen, and Swensen's, to import and transport cooking equipment from Thailand to Cambodia. The Company offered a solution during border closure by adjusting the transportation route through Laos and Vietnam to Cambodia, as well as by sea routes. Furthermore, the Company provided services to 'TOUS les JOURS', a customer of EFG, to transport baking ingredients from Vietnam to its 6-7 branches in Cambodia. The Company also plans to expand its logistics services through a collaboration with its Vietnamese partner Transimex, which is a comprehensive end-to-end logistics provider, to supply temperature-controlled freight services for BigC.SCGJWD's goal is to make cold storage and temperature-controlled transportation a core growth driver, which aligns with the overall projection of the cold storage business in ASEAN from 2022 to 2027. A good example is Indonesia, whose total cold storage market is expected to increase by nearly 80%, from US$6.9 to US$12.5 billion. The Philippines' market is likewise expected to increase by 46.5% from US$5 to US$7.4 billion. Malaysia's market is expected to increase by 29.5% from US$1.836 to US$2.377 billion, and Singapore's market is forecast to increase by 25.6 percent from US$829 million to US$1.041 billion, while Vietnam's market is projected to increase by 47.2% from US$4.3 to US$6.4 billion, and Thailand's market is expected to increase by 38.7% from US$3.4 to US$4.7 billion.In Thailand, SCGJWD is currently expanding its investment in ten cold storage warehouses in six provinces, covering strategic industrial areas of Samut Sakhon, Samut Prakan, Pathum Thani, Chachoengsao, and Saraburi, as well as the northern province of Chiang Mai, with a combined floor area of over 160,000 square meters, able to support over 100,000 tons of goods or 240,000 pallets. Plans are also afoot to expand investment in Surat Thani and Khon Kaen provinces to increase service potential to ultimately cover all regions of Thailand.For more information, please visit https://www.scgjwd.com/en Press release by MT Multimedia Co Ltd for SCGJWD Logistics PCL.For more information, please contact:Thiyaporn Sriadunphan (Dah)Tel: +66 87 556 6974E-mail: thiyaporn.s@mtmultimedia.comAbout SCGJWD Logistics PCL (SET: SJWD)SCGJWD Logistics PCL was created when SCG Logistics Management Co Ltd and JWD InfoLogistics PCL, two leading logistics and supply chain service providers at the ASEAN level, together announced a merger deal on Oct 24, 2022, to become the largest Integrated Logistics and Supply Chains Solutions Provider in ASEAN. Formally recognized on Feb 24, 2023, the Company is jointly managed by Co-Chief Executive Officers (Co-CEOs) Mr. Bunn Kasemsup, representing SCGL, and Mr. Charvanin Bunditkitsada, representing JWD. (SET: SJWD) https://www.scgjwd.com/en Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Nanning Rail Transit Investment Group Achieves Remarkable Results at CAEXPO: Empowering ASEAN and BRI Cooperation with Service Capabilities Across the Entire Chain ACN Newswire

Nanning Rail Transit Investment Group Achieves Remarkable Results at CAEXPO: Empowering ASEAN and BRI Cooperation with Service Capabilities Across the Entire Chain

Nanning, China, Sept 26, 2025 - (ACN Newswire via SeaPRwire.com) - The 22nd China-ASEAN Expo (CAEXPO) took place in Nanning, Guangxi, China, from September 17 to 21, 2025. Nanning Rail Transit Investment Group served as a bridge for regional cooperation through diversified approaches such as project agreements, technology export, and cooperation and exchanges, showcasing the comprehensive strength of state-owned enterprises and delivering significant achievements.During the CAEXPO this year, the Group signed three cooperation projects with JD.com and other enterprises, with a total investment of RMB 850 million, covering the fields of green energy and artificial intelligence (AI). The Group also joined hands with the Shenzhen Institute of Computing Sciences and Funeng Technology Holdings (Shenzhen) Co., Ltd. to establish the "Intelligent Transportation AI Data Joint Laboratory," integrating resources from all three parties to explore innovative smart rail transit applications and advance the commercialization of scientific and technological achievements. Leveraging the ASEAN Metro Cooperation Committee of the China Association of Metros, the "China-ASEAN Rail Transit Training Base" was officially inaugurated. This initiative integrates resources from the government, enterprises, and schools to cultivate high-quality rail transit professionals who possess both expertise and an international perspective, drive innovation in smart rail transit technologies, and facilitate the commercialization of achievements, thereby deepening collaboration between China and ASEAN in the rail transit sector. As the host enterprise, the Group also organized the 2nd China-ASEAN International Seminar on Railway Interconnectivity Standardization, actively establishing a regional platform for talent cultivation and joint standard-setting. At the Nanning-Hanoi Economic Corridor and the "Belt and Road" Nanning Friendship Cities Exchange Conference, the Group developed a customized "MaaS Smart Mobility+" solution to meet the needs of Khon Kaen, Thailand, for an integrated smart transportation system (Model as a Service, MaaS), providing tailored solutions for smart transportation across ASEAN. The "Guangxi AI + Low-altitude Economy Industry-Education Integration Community" was inaugurated, which marked a deepened collaboration among the government, industry, colleges and universities, research institutes, and users. The ASEAN 10-country, multilingual, real-time translation AI-powered intelligent and digital subway customer service system, jointly developed with Unisound, also drew significant attention during the CAEXPO. During the CAEXPO, delegations from 12 government and business associations representing seven countries, including the United Kingdom, Myanmar, and Vietnam, visited and conducted on-site inspections of key facilities, such as the Network Operations Command Center (NOCC), the Intelligent Operations and Maintenance Center, and the Nanning Railway S&T Innovation Industrial Park. They gave high praise to Nanning subway's efficient and intelligent operations and its 99.99% train punctuality rate, commending it as a benchmark for ASEAN rail transit operations.Established in 2008, Nanning Rail Transit Investment Group comprises 77 subsidiaries at various levels and employs more than 12,000 people. The Group has been repeatedly recognized as an "Excellent Enterprise in Guangxi" and listed among the "Top 100 Enterprises in Guangxi." Currently, the Group operates five subway lines that extend a total of 128.2 kilometers. In the first half of 2025, passenger ridership exceeded 187 million, with a passenger density of 8,300 individuals per kilometer per day, which ranked the Group 12th among 53 subway operators nationwide.In terms of industrial layout, the Group has established a coordinated model integrating rail transit construction and operation, equipment manufacturing, digital economy, and urban development. Its Nanning Rail Transit Intelligent Manufacturing Industrial Park and Nanning Railway S&T Innovation Industrial Park have attracted nearly 50 high-end enterprises, forming an industrial cluster. The Group's independently developed intelligent operation and maintenance system, protected by 54 patents, serves more than 70 lines across 14 cities in China. In the realm of smart cities, the Group has developed a smart platform enabling seamless integration between public transportation and shared mobility, advancing the MaaS model through "industrial investment + digital services." The "Nanning Railway One-Code Access" and "Nanning Railway APP" have served over 8 million users, facilitating over 10 billion travel scenario connections.At present, the Group has built an investment-construction-operation-management integrated system encompassing all aspects of rail transit, including design, construction, operation, consulting, maintenance, equipment manufacturing, and talent cultivation. It can provide comprehensive solutions throughout the entire chain and continues to contribute to the high-quality development of China-ASEAN rail transit and the advancement of the Belt and Road Initiative (BRI).Company: Nanning Rail Transit Investment Group Co., Ltd.Email: gdtzwx1@nngdjt.com Website: http://www.nngdjt.com Telephone: +86 771 2332897 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Chery Auto Debuts on HKEX: Dual-Power Strategy Fuels Value Discovery Prospects

HONG KONG, Sep 26, 2025 - (ACN Newswire via SeaPRwire.com) – On 25 September, Chery Automobile Co., Ltd. (“Chery Auto”, stock code: 9973.HK), a globally recognized passenger vehicle company, was officially listed on the Main Board of HKEX. The listing marks a key milestone in the company’s globalization strategy and further strengthens its presence in the capital markets, providing a powerful impetus for its sustainable growth in the future.Continuously Expanding Brand and Product Matrix, Driving Steady Sales GrowthIt is reported that Chery Auto is a globally renowned passenger vehicle company. Since its founding in 1997, the Company has consistently adhered to the principles of leading industrial innovation and engaging in the global market. It is committed to providing high quality passenger vehicles to users worldwide, with a product portfolio covering both internal combustion engine (ICE) vehicles and new energy vehicles (NEVs), catering to the distinct and evolving needs and preferences of customers in both domestic and overseas markets.In terms of brand and product matrix, Chery Auto has carefully developed five major brands, namely CHERY, JETOUR, EXEED, iCAR, and LUXEED. Each of these brands presents a distinct positioning, modality style and aesthetic experience to capture the significant growth potentials across market segments.Among them, CHERY, as the Company’s signature brand, is primarily positioned as a first-rated car brand of safety, comfort and quality for the mass market and family use. JETOUR is dedicated to serving customers who are passionate about family travel and outdoor leisure. The EXEED brand targets customers who value performance and elegance, and provides them with a smooth and sophisticated travel experience through exquisite craftsmanship and exceptional quality. iCAR targets tech-savvy and freedom-seeking Generation Z customers, delivering cutting-edge, intelligent, and engaging mobility experiences. LUXEED caters to users who pursue intelligent features, high performance, and innovation. By leading with innovation and offering technology-driven driving experiences, it fulfills their desire for and aspiration toward advanced technology.Benefiting from a diverse product portfolio and precise market positioning, Chery Auto has achieved sustained sales growth. In 2024, there were eight models with an average monthly sales of over 10,000 units, namely Tiggo 8, Tiggo 7, JETOUR Traveler, Tiggo 5X, JETOUR X70, Arrizo 8, OMODA 5 and LUXEED R7, covering both sedan and SUV models.Actively Embracing the New Energy Transition Opportunities with Outstanding Performance GrowthWhile consolidating its existing product advantages, Chery Auto proactively seizes the opportunities presented by the global automotive industry’s transition to new energy, and rapidly launches high-end new energy brands and models, driving the upward expansion of its new energy brand portfolio.Since 2023, Chery Auto has successfully launched iCAR and LUXEED, on top of EXEED, a high-end product series under EXLANTIX, and Fulwin and Shan Hai, two NEV product series under the CHERY and the JETOUR brand, respectively. These brands and product series cover A-class to C-class models with powertrain types including battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) and REEVs. According to Frost & Sullivan, Chery Auto’s NEV sales increased by 267.4% in 2024 compared to 2023, ranking No. 1 among the top 20 passenger vehicle companies globally and further enhancing its brand value.Leveraging its expanding brand portfolio and technologically advanced, high performance products series, Chery Auto has experienced rapid growth in both revenue and net profit. Its revenue increased from RMB92,618 million in 2022 to RMB269,897 million in 2024, representing a CAGR of 70.7%. The net profit increased from RMB5,806 million in 2022 to RMB14,334 million in 2024, representing a CAGR of 57.1%. In the first quarter of 2025, the company reported revenue of RMB68,223 million, representing a year-on-year increase of 24.2%, and net profit of RMB4,726 million, surging 90.9% year on year.In the medium to long term, the global automotive industry is poised for continued expansion, driven by the increase of the global penetration rate of NEVs, iterative advancements in intelligent technology, and growing demand from emerging markets. As a leading Chinese automotive brand, Chery Auto is accelerating the development of a business ecosystem characterized by both high growth potential and strong risk resilience. This strategy is underpinned by its dual-powertrain (ICEs and NEVs) business model and in-house R&D capabilities across the entire value chain. The listing in Hong Kong is expected to draw greater investor attention to Chery Auto’s growth potential and competitive advantages, thereby embarking on a journey of investment value discovery for the company. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Plant-Powered Pups: New Study Shows Dramatic Environmental Gains From Plant-Based Dog Food in the UK ACN Newswire

Plant-Powered Pups: New Study Shows Dramatic Environmental Gains From Plant-Based Dog Food in the UK

LONDON, Sept 25, 2025 - (ACN Newswire via SeaPRwire.com) - A new life cycle assessment of 31 dry dog foods in the UK reveals that plant-based diets consistently outperform meat-based alternatives across every major environmental measure. Conducted by University of Nottingham veterinary researchers Rebecca Brociek and Professor David Gardner, and published in Frontiers in Sustainable Food Systems, the study underscores a major opportunity for pet owners and the pet food industry to shrink their ecological "pawprint."Key ResultsGreenhouse gas emissions: Plant-based foods produced just 2.82 kg CO₂-eq per 1,000 kcal, compared to 31.47 kg for beef-based formulas - over ten times higher.Land use: Plant-based diets required 2.73 m² per 1,000 kcal, versus 102.15 m² for beef-based products.Water use: Plant-based options consumed 249 L of freshwater per 1,000 kcal, far less than beef (575 L) or lamb (684 L).Nutrient and acidification pollution: Beef-based diets generated 14-16 times more acidifying and eutrophying emissions respectively, than plant-based equivalents.Middle ground: Poultry-based and semi-synthetic veterinary formulas had lower impacts than red meat, but still much higher than plant-based foods.Over a typical nine-year lifespan, feeding a 20 kg Labrador exclusively on plant-based dry food would require 8,964 m² of land and emit greenhouse gases equal to 2.8 London-New York return flights. The same dog fed on beef-based food would need 334,851 m² of land and emit the equivalent of 31.3 such flights.Why It MattersWith pet ownership on the rise worldwide and demand for pet foods increasing, the environmental impact of animal-based ingredients can no longer be overlooked. The researchers conclude that increasing plant-based ingredients in pet diets provides a practical and scalable way to reduce land use, emissions, nutrient pollution, and water stress - without compromising caloric value.They note, "feeding your dog plant-based will significantly improve a households' environmentally sustainability", and that, "… lower-impact pet food ingredients will be essential in reducing the [pet food] sector's ecological paw print."While some suggest that using meat by-products like ‘meat meals' is more sustainable, the study found these often ranked among the highest-impact ingredients, failing to bridge the gap.Broader ContextThis work supports earlier research. In 2023, veterinary professor Andrew Knight demonstrated that switching pet dogs worldwide to nutritionally sound vegan diets could save greenhouse gas emissions equivalent to 1.5 times the UK's annual output, while providing enough food energy to feed 450 million people, equivalent to the EU population. By late 2025, at least 11 peer-reviewed studies had also shown positive health outcomes for dogs fed plant-based diets.As Prof. Knight explained, "Higher proportions of plant-based ingredients, or nutritionally complete plant-based diets, can substantially reduce the ecological footprints of companion animals. As awareness grows, such diets may shift from niche to mainstream - aligning our care for pets with responsibility for the planet."Contact InformationAndrew KnightVeterinary Professor of Animal Welfareandrew.knight@murdoch.edu.au+44 7577 899 61SOURCE: Sustainable Pet Food Foundation Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Four major tech fairs in October welcome over 6,200 exhibitors ACN Newswire

Four major tech fairs in October welcome over 6,200 exhibitors

The HKTDC will hold four major technology fairs in October, including the Hong Kong Electronics Fair (Autumn Edition), electronicAsia, the Hong Kong International Lighting Fair (Autumn Edition) and the Hong Kong International Outdoor and Tech Light ExpoThe four fairs bring together over 6,200 exhibitors from 27 countries and regionsThe Autumn Electronics Fair focuses on areas such as artificial intelligence (AI) and robotics, featuring a special “RoboPark” event space showcasing robots covering applications for commercial, rehabilitation and living; and a new exhibition zone, RISE Avenue, that will feature emerging brandsThe Autumn Lighting Fair will showcase a variety of award-winning designs with lighting products used in globally renowned projects – including LED drivers and fixtures applied at Gardens by the Bay in Singapore and lighting control systems used at the Sanxingdui Museum and the BBC’s London headquarters and M+ MuseumHONG KONG, Sep 25, 2025 - (ACN Newswire via SeaPRwire.com) – The Hong Kong Trade Development Council (HKTDC) is staging four major technology fairs this autumn. The Hong Kong Electronics Fair (Autumn Edition) and electronicAsia will run concurrently from 13 to 16 October at the Hong Kong Convention and Exhibition Centre (HKCEC). These will be followed by the Hong Kong International Lighting Fair (Autumn Edition), taking place from 27 to 30 October at the HKCEC, and the Hong Kong International Outdoor and Tech Light Expo, which will be held from 28 to 31 October at AsiaWorld-Expo.At a press conference held today to introduce the fairs, Sophia Chong, Acting Executive Director of the HKTDC, said: “Our four major autumn technology fairs this year are attracting over 6,200 exhibitors from 27 countries and regions. The fairs will showcase a wide variety of innovative products and solutions, lighting products and advanced technologies, helping to facilitate cross-industry exchange within the sector and furthering the development of smart cities. These events will be attended by industry players from around the world, further underscoring Hong Kong's leading position as an international convention and exhibition centre.“In the Policy Address delivered last week by the Chief Executive of the Hong Kong Special Administrative Region, several measures relating to artificial intelligence (AI) and technological innovation were proposed, aiming to promote AI as a core industry for Hong Kong's future development. The four major autumn technology fairs closely align with this policy direction, featuring multiple exhibition areas and sessions focusing on AI, robotics, smart lighting and digital entertainment. These events provide a platform for the industry to showcase innovative achievements, foster collaboration, and leverage Hong Kong’s platform to ‘go global’, explore new markets and capture new business opportunities,” Ms Chong said.Electronics Fair aligns with technological trends and societal needsThe 45th Electronics Fair (Autumn Edition) and the 28th electronicAsia are expected to feature more than 3,200 exhibitors from 20 countries and regions. With the theme “World's Leading Electronics Marketplace”, the Electronics Fair highlights global exhibitors showcasing the latest electronic products and tech innovation concepts. These include innovative products for both home and commercial use as well as electronic devices, audiovisual equipment and more.The fair will feature products and solutions across various fields, with a special focus on AI and robotics, the silver economy and digital entertainment. Members of the “Hangzhou’s Six Little Dragons” will be present, including DEEP Robotics, which will present the X30 Quadruped Robodog, designed for applications in inspection and search-and-rescue operations, while BrainCo will display Revo2, a bionic dexterous hand which can be used as a prosthetic. It features multiple active joints that simulate natural movements of the human hand, enabling precise and flexible control. PaXini Tech, one of “Shenzhen’s Eight Great Guardians of Embodied Intelligence”, will showcase a humanoid robot equipped with advanced tactile sensing and AI vision, highlighting technological breakthroughs in perception, judgment and execution. The exhibition will also feature the special RoboPark event space, featuring over 30 sessions with speakers from leading robotics companies including Booster Robotics and Unitree Robotics from Chinese Mainland. Live demonstrations will take place in the event space to showcase how the latest robotics technologies can be applied in commercial, rehabilitation and living settings.Regarding new applications for the silver economy, some exhibitors will present smart GPS walking canes, specifically designed for older adults, that integrate advanced features such as GPS real-time tracking, emergency alert alarms and obstacle-detection systems. Another key area will be digital entertainment. The Immersive Experience zone will showcase a variety of interactive entertainment options that combine virtual reality (VR), augmented reality (AR) and AI, allowing buyers to test and experience different products in an immersive setting.The Autumn Electronics Fair will feature more than 20 exhibition zones. This year, the newly added RISE Avenue will showcase a range of emerging electronic technology brands, presenting the latest in smart devices, sensing technology and wearable equipment. Another new exhibition zone, the Adventure Hub, will feature local start-ups showcasing several vehicles converted from classic fuel cars to electric vehicles using oil-to-electric technology, including a classic 1989 BMW.The key exhibition zone, Hall of Fame, brings together more than 500 world-renowned electronic brands. Among the first-time exhibitors, Japanese brand AIWA will present smart audio products, while other notable brands include Chinese company Rapoo Technology, showcasing e-sports computer accessories, and Philips, which will introduce audio gadgets. Another highlight of the exhibition zone is the Tech Hall, where the new generation of cutting-edge electronic products and modern lifestyle appliances will be showcased. With funding support from the HKSAR Government, the new Hong Kong Tech Showcase has been added to this year's exhibition area to present high-quality innovation and technology products from local tech companies to global buyers. Among some 40 participating enterprises is Hong Kong's first embodied intelligent humanoid robot brand, Hong Kong Robotics Group Holding Ltd. The Startup Zone, meanwhile, will serve as an interactive platform for tech entrepreneurs and young business leaders to showcase their latest technologies.The Autumn Electronics Fair will feature several special activities. In addition to RoboPark, where a robot will prepare limited-edition coffee, attendees can collect stamps from various locations throughout the exhibition. They can present these stamps at the gift redemption counter to receive a complimentary capsule toy and a delightful gift. Visitors can redeem an additional gift by taking photos or short videos at the exhibition and sharing them on social media with the hashtag “#EFAE45”.Running concurrently with the Autumn Electronics Fair is electronicAsia, jointly organised by the HKTDC and MMI Asia Pte Ltd, showcasing electronic components, keyboards and switches, power supplies, printed circuit boards and electronic manufacturing services, display technologies and measuring instruments. Among the exhibitors from across the globe will be Australian company Masters & Young, which specialises in the design and manufacturing of printed circuit boards. Their services are widely applied in various fields, including aerospace, medical, industrial and renewable energy.The two fairs will feature a series of forums and seminars, including the 10th Symposium on Innovation & Technology, held on day one (13 October), co-organised by the HKTDC and the Hong Kong Electronics & Technologies Association. The symposium will open with remarks from Tony Wong, Commissioner for Digital Policy at the Innovation, Technology and Industry Bureau Digital Policy Office. Under the theme “Advancing Innovation Through Collaboration: Robotics Across Land, Sea, and Sky”, representatives from KPMG, S.F. Express, ASMPT, OceanAlpha and Alpha AI will share their insights on topics such as the development of the robotics economy, applications of smart logistics and the role of unmanned vessels in ocean exploration.Additionally, the Hong Kong Electronic Forum, co-organised by the HKTDC, MMI Asia Pte Ltd and the Hong Kong Electronic Industries Association, will explore innovative advancements in advanced battery technology and energy storage. The seminar titled “AI-Powered Monitoring and Smart Inspection in Construction”, co-organised by the Institute of Electrical and Electronics Engineers and the Hong Kong Electronic Industries Association, will delve into the contributions of AI research to the construction industry. In addition, financial service providers will be present at the exhibition, including virtual bank Fusion Bank and cross-border payment platform Payoneer. They will offer practical insights to SME exhibitors and buyers on digital financial services, marketing strategies and customer analytics, empowering them to ‘go global’.Lighting Fair’s Hall of Connected Lighting brings together 60 leading brandsGlobally anticipated events in the lighting industry, this year’s Hong Kong International Lighting Fair (Autumn Edition) and Hong Kong International Outdoor and Tech Light Expo run under the theme “Illuminated Designs for a Smarter Future”. The fairs will feature some 3,000 exhibitors from more than 20 countries and regions, offering a wide range of lighting products and solutions that combine technology with innovative design. These events not only provide a one-stop business platform for the industry but also lead market trends, highlighting developments in sustainability, healthy living and silver economy technologies.A highlight zone of the Autumn Lighting Fair, the Hall of Connected Lighting makes a return in 2025, bringing together some 60 top-tier brands. They include local brand GRE Alpha, Foshan Electrical and Lighting, and TUYA Smart from Chinese Mainland, as well as international names such as Casambi from Finland, Moorgen from Germany, Koizumi from Japan and Signify from the Netherlands. The zone will showcase a variety of award-winning designs and immersive lighting experiences, allowing industry professionals to gain deeper insights into cutting-edge technologies and their applications.Moorgen will present collections created in collaboration with leading designers, including internationally renowned architect, interior and product designer Steve Leung and famous lighting designer Tino Kwan. The smart switch developed in collaboration with Chi Wing-lo, one of the recipients of the World's Outstanding Chinese Designer award, won the German iF Design Award. This switch can simultaneously control lighting, curtains, music and air conditioning, enabling unified smart management of living environments and greatly enhancing everyday convenience.Mainland company Bweetech will showcase its Fluorite lamp, which won the MUSE Design Award. Inspired by airplane windows, the lamp uses dual-colour moulding technology to create a serene, firefly-like glow. It can be operated via a mobile app and provides a flicker-free light source, creating a personalised and soothing atmosphere. The Filmbase flying screen, developed by Filmbase Tech, a national-level Specialised, Refined, Distinctive and Innovative high-tech enterprise, has set a new Guinness World Record as the world’s largest LED mesh flying screen. This exhibitor will showcase a series of self-developed products, including 3D media glass that can transform static building facades into 3D dynamic high-definition transparent displays, using only one-quarter of the energy consumption of traditional display screens.Buyers enjoy immersive lighting experiencesExhibitors have thoughtfully designed various settings to offer buyers hands-on experiences. For example, Casambi has curated an artisan café illuminated and supported by ERCO, a globally renowned architectural and commercial lighting brand, providing a relaxed atmosphere for attendees to connect and exchange ideas. Richard Lu, lighting designer for the Sanxingdui Museum in Sichuan Province, Luis Barahona, senior designer at ERCO, and Eugenia Cheng, founder of LightOrigin Studio, will be present to host sharing sessions in the space.TUYA Smart will construct scenes such as a living room and bedroom to demonstrate how lighting effects and AI technologies can be integrated into smart lighting solutions. FSL Lighting will cater to the silver economy by launching an Eye-care Ceiling Light designed specifically for seniors. Products will be showcased in bedroom and bathroom setups, featuring functions such as health monitoring and safety alerts.Lighting Fair showcases LED drivers and systems from Gardens by the Bay, Sanxingdui Museum and moreSeveral exhibitors that have contributed to globally renowned projects will present their products at the Lighting Fair. GRE Alpha’s LED drivers and light strings were used in the lighting show and horticultural system at Gardens by the Bay in Singapore. Nicolaudie Architectural’s lighting controllers were deployed in the transnational bridge project connecting Venezuela and Colombia. Koizumi’s lighting fixtures were used at the Yumeshima Station, World Expo in Osaka. Meanwhile, Casambi will present its lighting control systems that have been applied in the Sanxingdui Museum, the BBC’s London headquarters and M+ Museum in Hong Kong, giving buyers a chance to learn more about their project experience and latest innovations.Major industry alliances playing key roles in the fields of smart lighting and the Internet of Things will gather at the fair, including the DALI Alliance and SILA-EMN Alliance, as well as new participants this year such as the Connectivity Standards Alliance and the Zhaga Consortium, collectively presenting the full spectrum of the smart lighting ecosystem.Another highlight of the Autumn Lighting Fair is the Hall of Aurora, which brings together some 540 renowned brands offering high-quality lighting products. They include Prosperity Group and General Lighting from Hong Kong, LEEDARSON, Tospo and Je Woo from Chinese Mainland, Lival from Finland and Megaman from Germany. Other featured zones include Commercial Lighting, Residential Lighting and LED Lighting and LED Essentials.Outdoor and Tech Light Expo showcases smart city innovationsThis year’s Hong Kong International Outdoor and Tech Light Expo will feature a wide range of outdoor, commercial and industrial lighting products and technologies that support the development of smart cities. The Smart Pole and Solution Zone, introduced last year, will return to showcase innovative solutions that aid in smart city planning and energy efficiency optimisation.Among the expo highlights, Unilumin Group from Shenzhen will present its multi-functional Smart Light Pole, which integrates lighting, Wi-Fi, electric vehicle charging, environmental monitoring and other public services into a single unit. This helps reduce redundant infrastructure costs while enabling data sharing and efficient urban management.In addition, Shenzhen exhibitor Lamp Shining Technology, in the Technical & Professional Lighting zone, is an innovative SME that has been designated as a Specialized, Refined, Distinctive and Innovative enterprise in the mainland. Its sports lighting products are more energy-efficient and durable compared to traditional outdoor sports lighting fixtures, and the company has undertaken several international projects including a baseball field lighting upgrade project in Canada. Other featured zones include Horticultural Lighting and Outdoor & Public Lighting.A series of thematic forums, product launches, and networking events will be held during the two lighting fairs. The Innovative Lighting Design Forum, taking place on 27 October at the HKCEC, will explore two key themes: “City Designï¼'Design City: Lighting Design Bound Up with Daily Life” and “RCEP Opportunities Shining Through Cultural Lighting Design”. Speakers will include representatives from renowned international and local companies, as well as architects and lighting designers, who will share top design cases from various regions and analyse market trends.Another key event, the Connected Lighting Forum on 28 October, will discuss two main themes: “Smart Life: Beginning with Connected Eco-system” and “Healthy Net-zero Future Led by Sustainable Lighting”, which will delve into smart living ecosystems and sustainable lighting development. It will also feature the launch ceremony for “Edge Mixed Networking (EMN) Technical Requirements for Smart Buildings”. On the same afternoon, renowned lighting designer Tino Kwan will also host a masterclass on the integration of life and technology. Additionally, a seminar titled “Illuminating the Cycle: Outdoor Lighting Designs for a Sustainable Future” will be held on 28 October at AsiaWorld-Expo, focusing on how outdoor lighting can integrate sustainability concepts.During the exhibition period, shuttle bus services will be provided for exhibitors and buyers wishing to move between the HKCEC in Wan Chai and AsiaWorld-Expo, making it convenient for industry professionals to travel between the two venues for site visits and procurement.The four major technology exhibitions will continue to adopt the EXHIBITION+ hybrid model, which integrates both online and offline formats. In addition to participating in the physical fairs, exhibitors and buyers can use the Click2Match AI-driven business matching platform for online negotiations and matchmaking. Professionals from various industries and buyers are welcome to participate.The online edition of the Autumn Electronics Fair and electronicAsia will be held from 6 to 23 October, while the Autumn Lighting Fair and the International Outdoor and Tech Light Expo online edition will run from 20 October to 7 November. This dual format makes it convenient for businesses to expand their operations both online and offline.Photo download: https://bit.ly/3Kp3rA5Presenting highlights of the Autumn Electronics Fair, electronicAsia, the Autumn Lighting Fair and the International Outdoor and Tech Light Expo at today’s press conference are: Sophia Chong (centre), Acting Executive Director of the HKTDC; Steve Chuang (left), Chairman of the HKTDC Electronics/Electrical Appliances Industries Advisory Committee; and Alvin Lee (right), Chairman of the Hong Kong Electronics & Technologies AssociationDigit International Co., Limited showcases a robot that can communicate naturally through voice commands, facial expressions and gestures DEEP Robotics demonstrates its Robodog designed for inspection and surveying in challenging environments Momax Smart International Limited presents a vibration smart ring that combinesdiscreet notifications with emotion recognition technology The smart glasses presented by Unity Technology Development Corporation Limited feature built-in AI capabilities such as multilingual translation, voice transcription and navigation Refined Motor Company Limited showcases an electric vehicle converted from a classic Bentley using oil-to-electric technology Shenzhen LED Home Opto-Electronics Co., Ltd., an Autumn Lighting Fair exhibitor, showcases its linear light that features seamless joints, providing end-to-end continuous illumination The washi pendant light from Koizumi Sangyo (H.K.) Corporation Limited produces a nice even warm glow for a calm environmentThe multi-function dimming module from GRE Alpha Electronics Limited allows for seamless integration with Casambi-enabled luminaires, sensors, wall mounted and wireless switches Filmbase Tech's self-developed 3D media glass can transform static building facades into dynamic, high-definition 3D transparent displays, using only one-quarter of the energy consumption of traditional display screens Guangdong Concinnity Landscape Lighting Co., Ltd., an exhibitor at the Outdoor and Tech Light Expo, presents the SmartLink column, which has been successfully deployed in smart city projects across the Middle East. It enhances public areas, commercial districts and urban infrastructuresWebsitesHong Kong Electronics Fair (Autumn Edition): hkelectronicsfairae.hktdc.comelectronicAsia: www.electronicasia.comHong Kong International Lighting Fair (Autumn Edition): hklightingfairae.hktdc.comHong Kong International Outdoor and Tech Light Expo: hkotlexpo.hktdc.comMedia enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department: Hong Kong Electronics Fair (Autumn Edition) & electronicAsiaJohnny TsuiTel: (852) 2584 4395Email: johnny.cy.tsui@hktdc.orgJane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgHong Kong International Lighting Fair (Autumn Edition) & Hong Kong International Outdoor and Tech Light ExpoStanley SoTel: (852) 2584 4049Email: stanley.hp.so@hktdc.orgClayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgHKTDC Newsroom: http://mediaroom.hktdc.com/enAbout 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 Chinese Mainland, 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. All rights reserved. www.acnnewswire.com
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Chery Auto Listed on HKEX: Backed by Cornerstone Investors, Dual Drivers of New Energy and Globalization Accelerate Growth

HONG KONG, Sep 25, 2025 - (ACN Newswire via SeaPRwire.com) – The Hong Kong stock market has continued its recovery trend since the beginning of the year, with IPO market remaining robust. On September 25, Chery Automobile Co., Ltd. (“Chery Auto,” stock code: 9973.HK), a leading Chinese independent passenger vehicle brand, was officially listed on the HKEX, marking one of the most notable large-scale IPOs of the year.In this IPO, Chery Auto attracted cornerstone investments totaling approximately US$587 million from over ten institutions, including Hillhouse, Greenwoods, Huangshan Construction Investment, Nexchip, Horizon Robotics, Dajia Life, Martis Fund, Gotion HK, Hefei Jianhui, PSBC Wealth, and Xingyu Co., Ltd. The participation of well-known institutions, players across the industrial chain, and local government entities underscores the market’s confidence in Chery Auto’s long-term growth potential and highlights its pivotal position within the automotive industry chain. The strong alignment of multiple stakeholders not only safeguards Chery Auto’s successful listing but also builds a broader collaborative ecosystem for its future business expansion.Dual Focus on ICE and NEV to Seize Opportunities in Industry TransformationChery Auto started out with internal combustion engine (ICE) vehicles and has built strong competitive barriers in the traditional powertrain segment, underpinned by comprehensive system capabilities and deep technological expertise. This has laid a solid foundation for its subsequent diversified development. Leveraging its advanced technological strength, Chery Auto has developed classic ICE product lines such as Tiggo and Arrizo. In 2024, sales volume of ICE vehicles rose by more than 29% year-on-year, serving as a key “ballast” for the Company’s performance.While consolidating its strengths in ICE vehicles, Chery Auto has also identified the global industry trends of “electrification and intelligentization”. With a core strategy of “in-house R&D + scenario-based application”, the Company has established a differentiated competitive edge in new energy and smart mobility. Today, it has built a full-spectrum powertrain portfolio covering “pure electric + hybrid + range-extender” models, achieving strong synergy and complementarity with its ICE business and driving continuous enhancement of its brand value.In hybrid sector, Chery Auto’s independently developed ACTECO 1.5TGDI hybrid engine is the first range-extender electric vehicle engine in China to receive the “Premium Drive” certification from the China Automotive Technology and Research Center. With a maximum thermal efficiency of 44.5%, it surpasses the industry average of around 40% for hybrid engines in Chinese-brand passenger vehicles. In pure electric sector, the E0X platform-based LUXEED R7, equipped with an 800V “Giant Whale” high voltage battery platform, achieves a recharge up to 200 km within five minutes. In January 2025, it topped the sales chart for battery electric mid-to-large SUVs in China, demonstrating strong competitiveness in the pure electric sector. Additionally, the Company focuses on “user experience implementation” by developing the “Lion Intelligent Cockpit” system and driving assistance system, further enhancing product competitiveness. In 2024, the Company’s new energy vehicle sales surged by 267.4% year-on-year, ranking first among the global top 20 passenger vehicle companies.Deepening Global Presence to Unlock New Growth OpportunitiesAs the leading exporter of Chinese domestic brand passenger vehicle, Chery Auto has established a comprehensive global network for R&D, manufacturing, and sales since its first export in 2001, setting a benchmark for Chinese domestic brands “going global”. In terms of the sales network layout, the Company’s products are available in over 100 countries and regions. As of 31 March 2025, Chery Auto boasts 1,092 overseas distributors across Asia (excluding China), Europe, Africa, Oceania, and the Americas, with a total of 2,958 overseas sales outlets. It has maintained the top position in Chinese domestic brand passenger vehicle for 22 consecutive years since 2003. In 2024, Chery Auto’s overseas sales surged by 37.4% year-on-year, generating overseas revenue of RMB97.87 billion, accounting for 39.7% of its total revenue.From a regional perspective, Chery Auto has secured leading positions in multiple key overseas markets. In 2024, the Company ranked first in sales among Chinese domestic brand passenger vehicle companies in Europe, South America, and the Middle East & North Africa region. In North America and Asia (excluding China), it ranked second in sales among its Chinese peers. According to Frost & Sullivan, the Tiggo 7 was the best-selling passenger vehicle model among Chinese domestic brand passenger vehicle in terms of export volume in 2024. In the premium segment, the EXEED brand ranked first in export volume among Chinese domestic premium automotive brands.Leveraging its existing global foundation, Chery Auto plans to further upgrade its overseas strategy through this listing on the HKEX. According to the prospectus, the Company intends to allocate 20% of the proceeds from the IPO to overseas market expansion. On the production front, Chery Auto will establish new production facilities in Southeast Asian countries like Vietnam and Malaysia, while expanding existing overseas factories to enhance localized production capabilities. In R&D, it will strengthen its presence in Europe, Southeast Asia, and North America, focusing on developing new energy vehicles and smart driving technologies tailored to local markets. For sales channels, Chery Auto will further densify its global sales and service network. The implementation of these initiatives is expected to unlock significant new growth opportunities for the Company.From its humble beginnings in a "small thatched shed" in 1997 to its current position among the Fortune Global 500, Chery Auto has consistently led the industry with a pioneering spirit that dares to challenge conventions. This listing on the HKEX marks the beginning of a new phase of capital empowerment, bringing greater possibilities for advancing its new energy strategy and expanding into overseas markets. Looking ahead, with continuous iterations in new energy and intelligent products and the further expansion of its global network, Chery Auto is well positioned to sustain its high-quality growth trajectory and achieve both performance and value enhancement. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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NanoQT Announces First Closing of $14 Million Series A Funding to Redefine Quantum Computing ACN Newswire

NanoQT Announces First Closing of $14 Million Series A Funding to Redefine Quantum Computing

PALO ALTO, CA, Sept 25, 2025 - (ACN Newswire via SeaPRwire.com) - Nanofiber Quantum Technologies, Inc. (NanoQT), a quantum computing company pioneering ultra-low-loss nanofiber cavity-QED interconnects for quantum processors, today announced the first closing of its $14 million Series A financing. Phoenix Venture Partners (PVP), an existing investor, led the round with participation from Brevan Howard Macro Venture Fund, a new investor. WASEDA University Ventures, Inc. (WUV), JAFCO Group Co Ltd, Mirai Creation Fund III (SPARX Asset Management Co., Ltd.), and Keio Innovation Initiative, Inc. (KII), each existing investors, also participated.NanoQT’s Proprietary Nanofiber-CavityThe financing follows more than US$20 million in government R&D grants across Japan and the United States that support NanoQT's roadmap. "An interconnect engineered for QPUs is the missing link in today's market and will soon be a major bottleneck to achieving scalable fault-tolerant quantum computing," said Masashi Hirose, Ph.D., CEO and Co-Founder of NanoQT. "Our proprietary nanofiber-cavity interconnect is highly demanded not only for scaling up quantum computing but also for integrating QPUs with quantum communication capabilities.""We are delighted to continue supporting NanoQT's breakthrough," said Nobi Kambe, Ph.D., Managing General Partner at Phoenix Venture Partners (PVP). "NanoQT has demonstrated steady R&D progress, and we believe the company will deliver a disruptive impact in the quantum computing and networking field." "NanoQT is the best positioned in the quantum field to disrupt interconnects."Why It MattersThe quantum interconnect is an emerging, critical device class-essential not only for modularizing quantum processors but also for extending them into networked and communication-enabled systems. NanoQT's approach is an ultra-low-loss nanofiber cavity that functions as an end-to-end fiber-optic interconnect, enabling extremely efficient conversion of qubit signals into photonic signals-a capability fundamentally grounded in cavity quantum electrodynamics (QED).NanoQT's initial product is highly engineered for neutral-atom QPUs, which today represent one of the most scalable quantum computing architectures. Yet these systems will face per-unit scalability limits within a few years. NanoQT's interconnect provides a path beyond those limits, while also positioning the company to address the emerging quantum repeater market, which is essential for building long-distance quantum networks.Use of Proceeds and Next MilestonesDemonstration of a distributed quantum computing system using NanoQT's interconnect and standard fiber linksProductization of the nanofiber cavity-QED interconnect for neutral-atom QPUsExpansion of engineering and manufacturing capacity in College Park, Maryland, and TokyoAbout NanoQTNanoQT is a quantum-hardware company building ultra-low-loss nanofiber cavity-QED interconnects that physically integrate with quantum processors to enable modular and networked quantum computing as well as compatibility with quantum communication. Headquartered in Palo Alto, California, with operations in College Park, Maryland and Tokyo, Japan, NanoQT combines Japan-born engineering excellence with a global commercialization strategy.Learn more: www.nano-qt.comContact InformationDai TsukadaHead of Operationsinfo@nano-qt.comSOURCE: Nanofiber Quantum Technologies, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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TruMerit and EnGen Partner to Equip Foreign-Educated Health Professionals With English Skills for Success in Work and Life ACN Newswire

TruMerit and EnGen Partner to Equip Foreign-Educated Health Professionals With English Skills for Success in Work and Life

PHILADELPHIA, PA, Sept 25, 2025 - (ACN Newswire via SeaPRwire.com) - TruMerit, a leader in global healthcare workforce development, is partnering with EnGen, a workforce-aligned English language learning solution, to support foreign-educated nurses and other healthcare professionals in building the language skills to succeed in English-speaking work environments and to flourish in their new communities.This new collaboration enables current and past applicants for TruMerit's credential evaluation services to purchase individual access to EnGen's platform and state-of-the-art tools for building English skills. Through targeted, job-specific English training, learners will boost their confidence, enhance their job performance, and prepare for in-demand roles in healthcare systems facing critical staffing shortages.EnGen's innovative approach blends on-demand, AI-powered instruction with human-mediated support, including live online group workshops and coaching. The solution equips working adults with the English skills needed for specific jobs and career paths, including healthcare roles. Stronger English skills not only help them prepare for required language proficiency tests and licensure exams, but also to grow in their careers and thrive in workplace and community life in their new country.With thousands of foreign-educated nurses and allied professionals arriving in the U.S. each year to help fill staffing shortages in health systems, strong communication skills are a vital asset, enabling better collaboration, patient care, and overall outcomes. In addition to verification of their education and licensing in their home countries-services that TruMerit already provides-U.S. immigration law requires proof of English language proficiency to ensure clear communication across the healthcare teams and protect patient safety."Under TruMerit's expanded focus on healthcare career development, we are determined to help migrating nurses and other health professionals thrive at every stage of their careers. In the U.S., this means having the opportunity to take their understanding of the language from proficiency to mastery," said Dr. Peter Preziosi, President and CEO of TruMerit."We are delighted to be able to work with EnGen to address this challenge by making career-aligned English instruction available through the personalized, mobile-first learning experiences the company offers," he said."By equipping foreign-educated healthcare workers with job-specific English skills, we're empowering them to communicate confidently with patients, deliver high-quality care, and succeed in high-stakes environments-while also thriving off the clock in their communities," said Dr. Katie Brown, EnGen's Founder and Chief Education Officer. "EnGen's approach drives real-world results: 94% of our learners feel more confident using English at work, 93% save time on the job, and 92% have improved their job skills. Another 80% said they can navigate life better. We're proud to partner with TruMerit to help build a stronger, future-ready healthcare workforce."In addition to the healthcare-focused English instruction, EnGen also offers content aimed at helping learners navigate their new life in an English-speaking country, covering topics like social integration, legal, financial, and digital literacy, as well as U.S. citizenship test preparation.Additionally, to help accompanying spouses and other family members adjust, the offers available through TruMerit include special pricing on a family option, under which courses offered by EnGen can be accessed by family members aged 14 and above.About TruMeritTruMerit is a worldwide leader in healthcare workforce development. Formerly known as CGFNS International, the organization has a nearly 50-year history supporting the career mobility of nurses and other healthcare workers-and those who license and hire them-by validating their education, skills, and experience as they seek authorization to practice in the United States and other countries. As TruMerit, this mission has been expanded to building workforce capacity that meets the needs of people in a rapidly evolving global health landscape. Through its Global Health Workforce Development Institute, the organization is advancing evidence-based research, thought leadership, and advocacy in support of healthcare workforce development solutions, including globally recognized practice standards and certifications that will enhance career pathways for healthcare workers.About EnGenEnGen offers an at-scale, AI-powered approach to English instruction, designed to solve a systemic access issue: Adult English learners now represent 1 in 10 working-age adults in the U.S., yet the workforce system serves the needs of just 2% of these workers. A Certified B Corporation, EnGen is filling the gap by partnering with employers, adult educators, workforce development organizations, and state governments to connect job seekers and incumbent workers with English skills, career pathways, and employment in high-demand industries. EnGen's workforce-aligned approach addresses employers' recruitment and retention challenges and advances learners' economic mobility. Learn more at getengen.com.Contact InformationDavid St. Johndstjohn@trumerit.orgSOURCE: TruMerit Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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WORK Medical enters strategic partnerships in bid to explore RWA initiatives ACN Newswire

WORK Medical enters strategic partnerships in bid to explore RWA initiatives

Key Takeaways:WORK Medical has formed a new alliance with the Hong Kong Web3.0 Standardization Association and was appointed as the organization’s “council vice chairman.”The company has also entered into a collaboration with Ruijin Hospital’s Wuxi Branch to accelerate the development of a next-generation, AI-driven smart clinical ecosystemHONG KONG, Sep 24, 2025 - (ACN Newswire via SeaPRwire.com) – Hong Kong kicked off a new era in its embrace of virtual assets on Aug. 1 with the official launch of a regulatory and licensing framework for virtual currencies known as stablecoins. A steady stream of Chinese companies has begun experimenting in the city with virtual assets and their underlying blockchain technology since then, covering a wide range of industries.Medical products seller WORK Medical Technology Group Ltd. (WOK.US) became the latest to join that parade, as it unveiled a major new initiative to explore real world asset (RWA) tokenization and related blockchain technology in a partnership with the Hong Kong Web3.0 Standardization Association, which promotes the high-quality development of the global Web3.0 industry through standardization research and efforts.The deal comes just over a year after WORK Medical listed on the Nasdaq, and is part of the company’s evolving “Healthcare + Payment + Technology = RWA + Web3 + AI” strategy. WORK Medical also plans to strategically collaborate with one or more qualified firms from the financial sector, which would provide a key compliance channel for its asset tokenization ambitions.Tokenized RWA, or real-world assets with value that have been digitalized, is projected to surge to over $50 billion by the end of this year, according to a report published in May by digital currency market-making firm Keyrock and tokenization platform Centrifuge. The report also pointed out that tokenized RWA will be dominated by U.S. treasuries, whose value alone will push the sector size to over $28 billion. Three areas for collaborationWORK Medical laid out three main areas for collaboration with its new Hong Kong partner. The first area involves the tokenization of “high-quality assets owned or invested in by WORK Medical,” the company said. It pointed out it can leverage both its status as a Nasdaq-listed company, as well as its expertise and assets related to its medical device business, including AI healthcare assets. It wasn’t more specific, but assets it could probably tokenize might include its receivables, investment products and intellectual property.The second area WORK Medical’s new partnership will explore is equity investments, which could include co-investments or participation in funds and other financial vehicles to accelerate its move into RWA for potential tokenization and achieve shared strategic goals.The third area involves development of RWA technology, which would leverage the Hong Kong Web30 Association’s recently launched RWA registration platform. That platform facilitates collaboration on a range of related functions, including blockchain-based title verification, asset issuance, and cross-chain transactions, while ensuring regulatory compliance and asset security.The company’s recent activities indicate it is already accumulating the expertise to develop and manage such assets. In February, it announced a partnership with another medical device company that included the potential establishment of “joint investment funds to align industrial and financial resources.” It said that partnership could also involve investment in healthcare infrastructure, development of advanced technologies and global acquisitions.WORK Medical’s new partnership puts it at the head of a nascent but rapidly growing wave of Chinese companies looking for new business opportunities in the fast-emerging business of digitalized RWAs. Any company owning or possessing rights to RWAs, both their own and assets owned by others, can technically enter the space.Building smart clinical ecosystemOn Monday, WORK Medical also announced another new partnership with the Wuxi Branch of the Ruijin Hospital-Shanghai Jiao Tong University School of Medicine. Under the partnership, WORK Medical will support Xin Rui Hospital’s efforts to advance hospital informatization. It will also assist in efforts to integrate AI with the hospital’s multimodal medical data, such as text, imaging, and lab results.https://www.globenewswire.com/news-release/2025/09/22/3153945/0/en/WORK-Medical-Technology-Group-LTD-Partners-with-Wuxi-Branch-of-Ruijin-Hospital-Shanghai-Jiao-Tong-University-School-of-Medicine-to-Develop-AI-Applications-in-Healthcare.htmlThe two sides plan to enhance WORK Medical’s multimodal AI solutions from single-image to complex data types by leveraging Xin Rui Hospital’s clinical and expert resources. The collaboration aims to develop AI models for diverse healthcare scenarios, establishing a framework for data governance, model training, and clinical translation. WORK Medical Chairman and CEO Wu Shuang said the two new partnerships – with the Hong Kong Web3.0 Standardization Association for RWA innovation and with Xin Rui Hospital for AI-driven healthcare – are strategic moves aimed at unlocking new growth avenues and building long-term value.The company’s inaugural annual earnings report for its fiscal year through September 2024, issued earlier this year, also contains hints that it was dabbling in financial markets, not only through its IPO but also through other investing activities, in the year before its listing.https://www.prnewswire.com/news-releases/work-medical-technology-group-ltd-reports-financial-results-for-fiscal-year-2024-302377075.htmlWORK Medical’s new alliance could take it in a completely new direction from its core business of producing and selling masks and other medical products like artery compression tourniquets. As the Covid pandemic receded and demand for masks declined, leading to falling prices, the company’s revenue from its mask business fell 69% in its fiscal year through September 2024 to $1.6 million from $5.1 million the previous year. That was partly offset by an 18% increase in its revenue for other medical devices, which rose to $9.4 million from $8 million.Its latest financial report also shows that WORK Medical has engaged in commodities trading, which generated $400,000 in income in its latest fiscal year through September 2024. The company also derived a sizable $15.7 million in cash from financing activities for the fiscal year, up sharply from a year earlier and greater than the $11.5 million in revenue it generated from sales of its core medical products for the year.In the finance sector, supply chain financier Linklogis late last month also formed a partnership with XRP Ledger, the organization overseeing the ripple cryptocurrency, aimed at exploring the digitalization and tokenization of RWA.Source: The Bamboo WorksBy Doug Young Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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PropertyGuru Asia Property Awards (Australia) hosts first Sydney gala celebrating nationwide achievers ACN Newswire

PropertyGuru Asia Property Awards (Australia) hosts first Sydney gala celebrating nationwide achievers

EIGHTH EDITION OF THE PRESTIGIOUS AWARDS RECOGNISES PROJECTS WITH DOMESTIC AND CROSS-BORDER ASIAN APPEALSYDNEY, AU, Sept 24, 2025 - (ACN Newswire via SeaPRwire.com) - PropertyGuru Group, Southeast Asia’s leading property technology company, celebrated the Gold Standard of Australian real estate in style with the 8th PropertyGuru Asia Property Awards (Australia), supported by Sub-Zero and Wolf.Presented across 20 categories, the PropertyGuru Asia Property Awards (Australia) distinguished outstanding companies and projects from New South Wales, Victoria, Queensland, Western Australia, and beyond. This year marked the inaugural New South Wales gala of the esteemed programme, held at the Shangri-La Sydney.With six wins, Eterno Property Group is the year’s most awarded company, receiving the coveted Best Developer title. Its new project, The Newlands, won two golden statuettes, including the prestigious Best Apartment Development (Australia) award. The company also won for its apartment developments Ode Double Bay and Munro House, as well as the Eterno Head Office.Kuber Projects earned three wins, including Best Breakthrough Developer, accompanied by golden statuettes for its housing developments Kuber Villas, Mandurah and Kuber Villas, Golden Bay.Skyland Group was named Best Luxury Developer (New South Wales), spotlighted by its award-winning Sydney development Eliza Darling Point. Travis Su, managing partner of Skyland Group, received the programme’s first Rising Star award in Australia for championing sustainable luxury and refining low-impact living.Dr. Bay Yeo, founder and group managing director of Exal Group, was honoured as Real Estate Personality of the Year. The distinction celebrates his community-focused projects, including Exal’s remarkable student housing initiatives, combining engineering expertise with sustainable, owner-centric design.This year’s edition of the PropertyGuru Asia Property Awards (Australia) also honoured the country’s sublime waterfront developments, led by The Dunes, Scarborough by Edge Visionary Living and Wanda View by 16MC Developments. Similarly, Eve Residences by Homecorp was celebrated for its impressive ocean views.Queensland projects Maris by MRCB International and Glam by YHY Group garnered honours while Victoria was represented by the award-winning project First Light by DCF Property Group. Third.i Group won for Elevate Hume Place, cited for its direct Sydney Metro access.Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “This year’s winners showcase what makes Australian property stand out internationally—whether it’s for buyers of quality homes, or those looking for a safe and appealing investment. From our Asia Connect events in Melbourne and Brisbane, through to the Sydney gala, we have seen the appetite for Australian real estate remain strong, both at home and abroad. Across modern cities and along stunning coastlines, these award-winning developers are setting new benchmarks for liveability, creating properties in prime locations with the kind of views and surroundings that make Australia a truly iconic destination.”Ivan Lam, chairperson of the PropertyGuru Asia Property Awards (Australia) and executive director for international business at Charter Keck Cramer, said: “We applaud this year’s winners on developing and designing the finest real estate in Australia. These achievements address crucial market gaps and dynamic demographic shifts, catering to the modern property seeker’s desire for connectivity, central locations, and proximity to the country’s natural beauty. Our winners have envisioned outstanding built spaces for diverse property seekers, whether they are investors seeking great returns or those pursuing an amazing lifestyle. From master-planned communities to luxurious residences, award-winning Australian developers offer a wide range of choices for everybody.”An independent panel of judges selected this year’s awardees: Ivan Lam; Lui Violanti, vice-chairperson of the PropertyGuru Asia Property Awards (Australia) and regional manager for Western Australia at Inhabit Group; Amelia (Dan) Tian, director, W T Newey & Co.; Benson Zhou, director – Hotels, CBD and Metropolitan Sales, State Head – Asia Markets, Savills Australia; Jackson Liew, director, Cameron Chisholm Nicol; Karen Kong, head of property lending, Bendigo Bank; Karl Fu, partner – Asian Markets, Winning Commercial; Michelle Tay, group executive director, The SILC Group; Peter Li, general manager, Plus Agency; Richard Newling Ward, director, BayleyWard; Shanker Ramakrishnan, director, SR Business & Finance Consulting; Shona Leppӓnen-Gibson, president, general manager, Australia Malaysia Business Council Queensland Inc, Australian Leadership Skills Centre; and Steven Yu, founder and CEO, Valorton Group.HLB International Real Estate Group supervised the selection process with oversight by Josh Chye, partner and head of tax at HLB Mann Judd, maintaining the awards’ reputation for fairness, transparency, and credibility.The 8th PropertyGuru Asia Property Awards (Australia) is part of the PropertyGuru Asia Property Awards series, which marks its 20th edition in 2025. The series has expanded over the decades from its home in Thailand to markets such as the Middle East, Mainland China, Hong Kong, Macau, Japan, India, Sri Lanka, Cambodia, Indonesia, Malaysia, the Philippines, Singapore, and Vietnam.Top winners of the PropertyGuru Asia Property Awards (Australia) will advance to the PropertyGuru Asia Property Awards Grand Final on 12 December 2025 in Bangkok.The 8th PropertyGuru Asia Property Awards (Australia) is supported by silver sponsor Sub-Zero and Wolf; official portal partner PropertyGuru; supporting associations Australasia Property Advisory Association (APAA), Australia Malaysia Business Council – Victoria (AMBC-Vic), Australia Malaysia Business Council – QLD (AMBCQ), and Australian Property Developers Association (APDA); official magazine Property Report by PropertyGuru; media partners Australian Property Investor, Fang.com.au, Inside Queensland Daily, PhilTimes.com.au, Sydney Today, The Property Tribune, and Your Investment Property; and official supervisor HLB.For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.COMPLETE LIST OF WINNERS8th PropertyGuru Asia Property Awards (Australia)DEVELOPER AWARDSBest DeveloperWINNER: Eterno Property GroupBest Luxury Developer (New South Wales)WINNER: Skyland GroupBest Breakthrough Developer WINNER: Kuber ProjectsDEVELOPMENT AWARDSBest Luxury Apartment Development (New South Wales)WINNER: Ode Double Bay by Eterno Property GroupHIGHLY COMMENDED: Elevate Hume Place by Third.i GroupBest Luxury Boutique Apartment Development (New South Wales) WINNER: Eliza Darling Point by Skyland GroupBest Luxury Apartment Development (Victoria)WINNER: First Light by DCF Property GroupBest Apartment Development (Queensland)WINNER: Maris by MRCB InternationalBest Waterfront Apartment Development WINNER: The Dunes, Scarborough by Edge Visionary LivingBest Low Rise Waterfront Apartment DevelopmentWINNER: Wanda View by 16MC DevelopmentsBest Oceanview Apartment DevelopmentWINNER: Eve Residences by HomecorpBest Connectivity Apartment DevelopmentWINNER: Elevate Hume Place by Third.i GroupBest Completed Apartment DevelopmentWINNER: Munro House by Eterno Property GroupBest Housing Development (Western Australia) WINNER: Kuber Villas, Mandurah by Kuber ProjectsBest Investment Housing DevelopmentWINNER: Kuber Villas, Golden Bay by Kuber ProjectsBest Nature Integrated DevelopmentWINNER: The Newlands by Eterno Property GroupDESIGN AWARDSBest Luxury Apartment Architectural Design (Queensland) WINNER: Glam by YHY GroupBest Office Interior Design WINNER: Eterno Head Office by Eterno Property GroupBEST OF AUSTRALIABest Apartment Development (Australia)WINNER: The Newlands by Eterno Property GroupINDIVIDUAL AWARDSReal Estate Personality of the YearWINNER: Dr. Bay Yeo, Founder & Group Managing Director, Exal GroupRising StarWINNER: Travis Su, Managing Partner, Skyland GroupNOTE: Use of the PropertyGuru Asia Property Awards logo is limited to the publication of this article only.ABOUT PROPERTYGURU ASIA PROPERTY AWARDS:PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent. In 2025, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during PropertyGuru Week in December 2025. For more information, please visit AsiaPropertyAwards.com.ABOUT PROPERTYGURU GROUP:PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 32 million property seekers monthly2 to connect with over 50,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 18 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its markets in Singapore, Malaysia, Vietnam, and Thailand as well as the region’s biggest and most respected industry recognition platform – PropertyGuru Asia Property Awards, events, and publications across Asia.For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.(1) Based on SimilarWeb data between July 2024 and December 2024.(2) Based on Google Analytics data between July 2024 and December 2024.(3) Based on data between October 2024 and December 2024.(4) Based on data between July 2024 and December 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com Sales & Nominations:Watcharaphon Chaisuk (Jeff), Solutions ManagerM: +66 95 797 0595E: jeff@propertyguru.comMedia & Partnerships:Nate Dacua, Senior Manager, Media and Marketing ServicesM: +66 92 701 2510E: nate@propertyguru.comSales & Nominations:Monika Singh, Solutions ManagerM: +66 87 677 4812E: monika@propertyguru.com Copyright 2025 ACN Newswire via SeaPRwire.com. 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