EdgePoint Launches Two More Digital Classrooms in East Malaysia under Its Connectivity for Communities Program ACN Newswire

EdgePoint Launches Two More Digital Classrooms in East Malaysia under Its Connectivity for Communities Program

September 2, 2025
First in Sabah and second in Sarawak, totaling to 14 digital classrooms across ASEANSimunjan - SARAWAK, Sept 2, 2025 - (ACN Newswire via SeaPRwire.com) - EdgePoint Infrastructure (“EdgePoint”), an ASEAN-based independent telecommunications infrastructure company, has announced two additional digital classrooms in East Malaysia under its regional corporate social responsibility (CSR) Connectivity for Communities (CFC). The first digital classroom is in Sekolah Kebangsaan (SK) Kuala Abai in Kota Belud, Sabah and the second was launched by their local partners in Sarawak, Demanlink Connexion Sdn Bhd, in Sekolah Menengah Kebangsaan (SMK) Simunjan No. 1.Both initiatives share the objective of bringing connectivity to underserved areas, fostering digital inclusivity and bridging the digital gap, and brings the total number of digital classrooms established to four in Malaysia and fourteen across ASEAN.At the launch of the digital classroom in Kota Belud, Muniff Kamaruddin, Chief Executive Officer (CEO) of EdgePoint Towers, said, “The launch of the two new digital classrooms in Sabah and Sarawak is an extension of our focus to bridge the digital divide across underserved communities in East Malaysia. We have seen how students in other locations have benefited from connectivity and we are committed to creating more opportunities for education and growth by bringing digital access to those who need it most. The response to our CFC programs has been very encouraging, with surrounding communities also using access to the internet to improve their quality of lives. We are grateful for the continued support from all stakeholders who have worked together with us to equip teachers, students, and their families with the tools to achieve equitable digital literacy towards upward social mobility.Present to launch the digital classroom in Simunjan, Sarawak were Demanlink Connexion Sdn. Bhd, and representatives from the Sarawak State Education Department and Simunjan District Education Office. Hanad Yusuf, CEO of Demanlink, said "Connectivity is more than just access to the internet for students in Sarawak, it is access to opportunity. Many rural areas in Sarawak still struggle with limited or no internet coverage, which continues to widen the digital divide and hinder access to education, economic participation, healthcare and other essential services. The Connectivity for Communities project is helping to close that gap by empowering children in rural communities here with the tools to thrive in a digital world. We launched the first digital classroom last year in Long Miri, and we have already seen real results where student attendance and exam scores have improved significantly, as they now have access to online learning platforms, more engaging teaching material and even options for self-improvement online."In the past year, EdgePoint launched two other schools in Malaysia located in Karak, Pahang and Miri, Sarawak. The CFC program includes ongoing digital literacy initiatives, delivered in partnership with local teachers and NGOs, to ensure students can maximise their learning and navigate the digital future confidently. To date, the program has impacted over 7,800 students in Malaysia, Indonesia and the Philippines with significant improvement in attendance and exam scores recorded among these students. Our in-house assessments have shown that students in Malaysia have recorded an 85% improvement in digital skills. EdgePoint aims to expand the program to a total of 23 schools by the end of 2025, reaffirming its commitment to supporting digital inclusion and literacy in underserved communities across ASEAN. ABOUT EDGEPOINT INFRASTRUCTUREEdgePoint Infrastructure is an ASEAN based independent telecommunications infrastructure company that aspires towards Building a Connected, Digital ASEAN. Headquartered in Singapore with operations in Malaysia, Indonesia and the Philippines, through EdgePoint Towers Sdn Bhd, PT Centratama Telekomunikasi Indonesia, Tbk and EdgePoints Towers Inc. respectively, the company is focused on providing sharable and leading-edge telecom structures, small cells and in-building systems. EdgePoint aims to be an industry leader through scale and innovation, driving operational efficiencies through the adoption of analytics and digital technologies. ABOUT DEMANLINK CONNEXION SDN. BHD.Demanlink is an independent Sarawakian telecommunications infrastructure company focusing on providing sharable and future-ready telecommunications solutions in Sarawak. Demanlink aims to be a key player in Sarawak’s growth journey through achieving its digital goals and ensuring digital equity throughout the state, in partnership with investor(s) such as EdgePoint Infrastructure.For more information on EdgePoint, please visit https://edgepointinfra.com/ Issued on behalf of EdgePoint Infrastructure by Narro Communications Sdn BhdFor media inquiries, please contact:Annushia BalavijendranCommunications, EdgePoint InfrastructureEmail: annushia@edgepointinfra.comTimothy GunapalanNarro CommunicationsEmail: timothy@narrocomms.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Black Spade suggests greater focus on digital assets in family offices asset allocations ACN Newswire

Black Spade suggests greater focus on digital assets in family offices asset allocations

September 2, 2025
HONG KONG, Sep 1, 2025 - (ACN Newswire via SeaPRwire.com) - Black Spade Capital Limited (“Black Spade”) recently held a private meeting with Ark Invest.Mr. Dennis Tam, President and CEO of Black Spade, met with Ms. Catherine Wood, CEO and CIO of Ark Invest, to discuss key trends in AI, robotics, blockchain applications, energy storage, and cellular sequencing. Ms. Wood expressed optimism about AI and robotics, noting these technologies will not just displace jobs but also create new opportunities. She highlighted the potential of blockchain and space exploration, emphasizing that the world is advancing toward a more innovative and interconnected future. Mr. Tam advised family offices to focus on digital assets, AI, and robotics-focused funds, stocks, and ETFs, as these sectors are set to drive global economic growth. He explained that industries integrating these innovations will see significant productivity gains, boosting competitiveness in a fast-paced market. He encouraged family offices to adjust their asset allocations based on risk tolerance and invest in these emerging fields to support development and pursue higher returns. Ms. Wood predicted strong growth in cryptocurrencies, forecasting Bitcoin could reach USD 1.5 million and Ethereum USD 166,000 around 2030. She expressed confidence in the long-term potential of digital assets. Mr. Tam added that digital assets are becoming a mainstream asset class, with growing adoption by banks and government institutions creating strong momentum. In summary, Black Spade Capital urges family offices to act swiftly by investing in funds, stocks, and ETFs linked to AI, robotics, and digital assets. These sectors will drive economic and technological development, improve efficiency in traditional industries, and offer significant returns, positioning investors at the forefront of the next technological revolution.Photo caption:From the left: Mr. Dennis Tam, President and CEO of Black Spade and Ms. Catherine Wood, CEO and CIO of Ark InvestAbout Black Spade Capital LimitedBlack Spade Capital Limited is an established family office that manages the private investments of Mr. Lawrence Ho. Headquartered in Hong Kong, its global portfolio consists of a wide spectrum of cross-border investments as it consistently seeks to add new projects and opportunities to its investment mix. Black Spade’s investment strategy maximizes coverage of geographic regions and sectors whilst maintaining a portfolio of diversified asset classes, ranging from equity, fixed income, medical technology, leisure and culture, green energy, real estate to Pre-IPO investments. In August 2023, Black Spade Acquisition Co, a blank check company (SPAC) sponsored by Black Spade, completed a US$23 billion business combination with VinFast Auto Ltd. In 2024, Black Spade listed its second SPAC, Black Spade Acquisition II Co, which completed a business combination with global media and entertainment powerhouse The Generation Essentials Group in about 9 months in June 2025.Media Enquiries:Strategic Financial Relations Limited Vicky LeeTel: +852 2864 4834Email: vicky.lee@sprg.com.hkIris Au YeungTel: +852 2114 4913Email: iris.auyeung@sprg.com.hkWebsite: www.sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.
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Haitian Flavouring Interim Results Shine: All-encompassing Culinary Solutions Drive Sustainable Growth

September 2, 2025
HONG KONG, Sep 2, 2025 - (ACN Newswire via SeaPRwire.com) - Foshan Haitian Flavouring and Food Company Ltd., (3288.HK, 603288.SH) a leading player in the condiment industry, has consistently deepened its expertise in the sector while continuously exploring all-encompassing culinary solutions. The company delivered solid interim results with both revenue and profit showing growth, further consolidating its leading position in the market.Highlights:- Revenue reached RMB15.23 billion in the first half of the year, up 7.6% year-on-year- Net profit reached RMB3.91 billion, up 13.3% year-on-year- The exploration of all-encompassing culinary solutions injected strong momentum for future growthDespite a sluggish consumer market and ongoing pressure on retail in mainland China in recent years, coupled with intensified competition and evolving consumer demands in the condiment industry, Foshan Haitian Flavouring and Food Company Ltd. (3288.HK, 603288.SH), a leading Chinese condiment producer listed in Hong Kong this year, has delivered a robust set of interim results. The company reported an increase of 7.6% in revenue to RMB15.23 billion, while net profit attributable to owners of the listed company rose 13.3% to RMB3.91 billion, demonstrating its resilience and steady growth. Supported by the strong operating performance, the company has declared an interim dividend of RMB2.6 per 10 shares held to reward its shareholders.Specifically, all four of Haitian Flavouring’s core business segments reported growth: Revenue from soy sauce products increased by 9.1% year-on-year to RMB7.93 billion; revenue from oyster sauce products reached RMB2.5 billion, up 7.7% year-on-year; revenue from seasoning sauce products rose 12% year-on-year to RMB1.63 billion; revenue from specialty condiments and other products recorded a significant increase of 16.7% to RMB2.51 billion. Haitian’s strong performance amid market headwinds can be attributed to its multi-dimensional competitive strengths and the strengthening of its brand moat.A Century of Accumulation Builds a Robust Brand MoatHaitian Favouring is a century-old Chinese condiment brand with origins tracing back to ancient soy sauce factories in Foshan during the Wanli period of the Ming Dynasty — a history spanning over 400 years. The company established the Haitian Seasoning Factory in 1955, listed on the Shanghai Stock Exchange in 2014, and expanded to the Hong Kong Stock Exchange in 2025, embarking on a new chapter with dual capital platforms in both A-share and H-share markets.After years of development, Haitian has solidified its leading position in the mainland condiment market. It has been the largest condiment company in China for 28 consecutive years in terms of sales volume. The soy sauce and oyster sauce products consistently hold the number one positions, while flavored sauce, vinegar, and cooking wine products achieved leading market positions in China. The brand is deeply rooted in the hearts of consumers and has become a household name in China. This long-term accumulation has built a robust brand moat for the company.Of course, Haitian’s sustained industry leadership is closely tied to its continuous investment in technology, ensuring consistently high product quality. In 2024, the company invested RMB840 million in R&D, with a cumulative investment of over RMB5,900 million in the past decade. Haitian now holds more than 1,000 authorized patents. Earlier this year, it was recognized as a “Lighthouse Factory” by the World Economic Forum (WEF) for five globally leading intelligent brewing technologies, becoming the world’s first soy sauce brewing manufacturer to receive this designation. These achievements not only guarantee the quality and safety of Haitian’s products but also enhance their market competitiveness, providing solid technical support for the company’s ongoing exploration of all-encompassing culinary solutions.Proactively Developing New Flavors and Advancing All-encompassing Culinary Solutions to Cater to Consumption UpgradingWhile consolidating its core product categories, Haitian has adhered to its strategic positioning of "all-encompassing culinary solutions", accurately capturing domestic market opportunities and actively developing specialty condiments. The company has launched products such as salad dressing, spicy liquid seasoning, chicken essence and chicken broth, etc., aiming to provide comprehensive product offerings for all kitchen and dining table seasoning needs. This effort continues to enhance its influence in the seasoning segment, diversify revenue streams, and drive sustainable growth.In terms of vinegar products, Haitian has innovatively developed rice vinegar categories such as white rice vinegar, black rice vinegar and fresh rice vinegar, as well as specialty vinegars such as apple cider vinegar and glutinous rice sweet vinegar, and actively laid out in niche segments like organic vinegar. In terms of cooking wine products, Haitian has introduced products like Haday Old Technique Cooking Wine, Haday Old Technique Cooking Wine with Ginger and Scallion, etc., forming a multi-tiered portfolio that includes the basic series, the organic series and the time-honored series to enrich consumer choice.In response to consumer demand for green, healthy, and diverse multi-scenario options, Haitian has actively developed specialty condiments. In the first half of 2025, the company launched products aligned with health and nutrition trends, such as organic, light-salt, and gluten-free series. It also introduced "dishes with just one sauce (一æ±'æˆ'è'œ)" product lines including salad dressings, seafood dipping sauces, and sour and spicy salad dressing, continually meeting consumers’ pursuit of convenience while enhancing its influence in the seasoning segment.Building a Premium Supply Chain System to Reinforce Competitive MoatBuilding on its scale advantages, Haitian has continuously strengthened its supply chain management, focusing on “quality, efficiency, and cost” to build a premium supply chain system that further consolidates its industry leadership.In supply chain operations, Haitian adheres to the philosophy of “good ingredients produce good products” by strictly controlling raw material quality. Leveraging digital tools to drive the digital transformation of its supply chain, optimize resource allocation, and enhance flexible production capabilities. Its Gaoming Factory has become an industry benchmark, recognized for its advanced intelligent manufacturing and highly efficient operational model. By integrating intelligent technologies and operational excellence, Haitian ensures consistent product quality while achieving efficiency and cost advantages, enabling it to provide users with high-quality and cost-effective products.Furthermore, Haitian actively promotes green development across the entire industry chain. In July of this year, as a core “chain leader” enterprise, the company initiated the industry’s first all-chain carbon reduction alliance— advancing the establishment of a green supply chain ecosystem and leading the low-carbon transition in the condiment industry.Current Price Offers Value OpportunityIn summary, Haitian has a solid operational foundation and remains committed to strengthening its core businesses. Its premium supply chain system further amplifies economies of scale, creating competitive barriers in both quality and efficiency, thereby enhancing overall competitiveness.At the same time, guided by a user-centric philosophy, the company continues to enrich its product portfolio and develop all-encompassing culinary solutions, opening up new growth opportunities. Furthermore, its listing in Hong Kong will help advance its global expansion strategy. As an industry leader with revenue and profitability far exceeding industry averages, Haitian still possesses room for valuation expansion. With the gradual realization of the advantages brought by its dual capital platform structure (“A + H”), the company’s future growth potential remains promising. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Shoucheng Moves Upstream: Materials Cement Robotics Ecosystem ACN Newswire

Shoucheng Moves Upstream: Materials Cement Robotics Ecosystem

September 1, 2025
HONG KONG, Sep 2, 2025 - (ACN Newswire via SeaPRwire.com) - In the first half of 2025, Shoucheng Holdings reported revenue of HK$731 million, up 36% year-on-year, and attributable net profit of HK$339 million, up 30% year-on-year. Revenue from its capital recycling segment surged 69% year-on-year, highlighting the effectiveness of its “Asset Operation + Capital Recycling” dual-engine strategy.The robotics sector has become the company’s strategic core. Shoucheng has invested in leading enterprises such as Unitree Robotics, Galbot, and the Beijing Humanoid Robotics Innovation Center, covering humanoid, industrial, and medical robotics. Through its “Capital + Scenario” approach, the company is driving commercialization in areas such as NEV production line upgrades and smart charging station operations.At the interim results roadshow, Kang Yu, General Manager of the Board Office, stated: “The robotics industry has moved from technological breakthroughs to scenario-based commercialization, but large-scale mass production still requires resolving bottlenecks in upstream materials.” To address this, the company simultaneously announced the establishment of Shoucheng Robotics Advanced Materials Industrial Co., Ltd., a wholly-owned subsidiary focusing on key materials such as electronic skin, tendon cables, and lightweight PEEK. Kang emphasized that this initiative will complement investments in systems and applications, truly unlocking the “Upstream Materials — Midstream Systems — Downstream Applications” full value chain.On the financial side, Shoucheng maintains cash reserves exceeding HK$8 billion, with an interest-bearing debt ratio of just 7.9%, and has secured an AAA credit rating for three consecutive years, providing a solid financial safety buffer. For FY2025, the company plans total dividends of HK$1.159 billion, with a dividend yield of nearly 8%, alongside over 40 million shares repurchased year-to-date—demonstrating management’s strong confidence in long-term value.Strategically, the company is transitioning from a traditional infrastructure operator to a technology-driven new infrastructure platform. Parking and REITs businesses provide stable cash flow, while robotics has become its key growth engine. Downstream applications are already materializing: collaborating with IAT Automobile Technology on automated production lines; co-developing the Chengdu ICD automatic charging station with Wanxun Technology; deploying the Surgerii surgical robot at Peking University Shougang Hospital; and launching the “Shoucheng Robotics Experience Store” outside the Beijing National Speed Skating Oval (“Ice Ribbon”), which generated over RMB 30,000 in daily revenue. The company also plans to open its first “Robotics 4S Store” during the National Day holiday to bring robotics further into consumer markets.During the roadshow, Kang further highlighted that Shoucheng is the only listed company represented on Unitree Robotics’ board of directors, holding approximately 4% of the company through the Beijing Robotics Industry Development Fund. With Unitree’s IPO underway, Shoucheng’s assets are expected to undergo revaluation, further strengthening capital market expectations for its long-term growth.With the establishment of its advanced materials subsidiary, the continuous build-out of its full robotics ecosystem, and IPO progress among its portfolio companies, Shoucheng’s ecosystem synergies are rapidly unlocking, and its enterprise valuation is poised for a new round of re-rating.Posted by All Way Success Company Limited for Shoucheng Holdings www.shouchengholdings.com [HKSE:0697, FRA:SHVA, OTCPK:SHNHF] Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Black Spade suggests greater focus on digital assets in family offices asset allocations ACN Newswire

Black Spade suggests greater focus on digital assets in family offices asset allocations

September 1, 2025
HONG KONG, Sep 1, 2025 - (ACN Newswire via SeaPRwire.com) - Black Spade Capital Limited (“Black Spade”) recently held a private meeting with Ark Invest.Mr. Dennis Tam, President and CEO of Black Spade, met with Ms. Catherine Wood, CEO and CIO of Ark Invest, to discuss key trends in AI, robotics, blockchain applications, energy storage, and cellular sequencing. Ms. Wood expressed optimism about AI and robotics, noting these technologies will not just displace jobs but also create new opportunities. She highlighted the potential of blockchain and space exploration, emphasizing that the world is advancing toward a more innovative and interconnected future. Mr. Tam advised family offices to focus on digital assets, AI, and robotics-focused funds, stocks, and ETFs, as these sectors are set to drive global economic growth. He explained that industries integrating these innovations will see significant productivity gains, boosting competitiveness in a fast-paced market. He encouraged family offices to adjust their asset allocations based on risk tolerance and invest in these emerging fields to support development and pursue higher returns. Ms. Wood predicted strong growth in cryptocurrencies, forecasting Bitcoin could reach USD 1.5 million and Ethereum USD 166,000 around 2030. She expressed confidence in the long-term potential of digital assets. Mr. Tam added that digital assets are becoming a mainstream asset class, with growing adoption by banks and government institutions creating strong momentum. In summary, Black Spade Capital urges family offices to act swiftly by investing in funds, stocks, and ETFs linked to AI, robotics, and digital assets. These sectors will drive economic and technological development, improve efficiency in traditional industries, and offer significant returns, positioning investors at the forefront of the next technological revolution.Photo caption:From the left: Mr. Dennis Tam, President and CEO of Black Spade and Ms. Catherine Wood, CEO and CIO of Ark InvestAbout Black Spade Capital LimitedBlack Spade Capital Limited is an established family office that manages the private investments of Mr. Lawrence Ho. Headquartered in Hong Kong, its global portfolio consists of a wide spectrum of cross-border investments as it consistently seeks to add new projects and opportunities to its investment mix. Black Spade’s investment strategy maximizes coverage of geographic regions and sectors whilst maintaining a portfolio of diversified asset classes, ranging from equity, fixed income, medical technology, leisure and culture, green energy, real estate to Pre-IPO investments. In August 2023, Black Spade Acquisition Co, a blank check company (SPAC) sponsored by Black Spade, completed a US$23 billion business combination with VinFast Auto Ltd. In 2024, Black Spade listed its second SPAC, Black Spade Acquisition II Co, which completed a business combination with global media and entertainment powerhouse The Generation Essentials Group in about 9 months in June 2025.Media Enquiries:Strategic Financial Relations Limited Vicky LeeTel: +852 2864 4834Email: vicky.lee@sprg.com.hkIris Au YeungTel: +852 2114 4913Email: iris.auyeung@sprg.com.hkWebsite: www.sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Haitian Flavouring Interim Results Shine: All-encompassing Culinary Solutions Drive Sustainable Growth

September 1, 2025
HONG KONG, Sep 2, 2025 - (ACN Newswire via SeaPRwire.com) - Foshan Haitian Flavouring and Food Company Ltd., (3288.HK, 603288.SH) a leading player in the condiment industry, has consistently deepened its expertise in the sector while continuously exploring all-encompassing culinary solutions. The company delivered solid interim results with both revenue and profit showing growth, further consolidating its leading position in the market.Highlights:- Revenue reached RMB15.23 billion in the first half of the year, up 7.6% year-on-year- Net profit reached RMB3.91 billion, up 13.3% year-on-year- The exploration of all-encompassing culinary solutions injected strong momentum for future growthDespite a sluggish consumer market and ongoing pressure on retail in mainland China in recent years, coupled with intensified competition and evolving consumer demands in the condiment industry, Foshan Haitian Flavouring and Food Company Ltd. (3288.HK, 603288.SH), a leading Chinese condiment producer listed in Hong Kong this year, has delivered a robust set of interim results. The company reported an increase of 7.6% in revenue to RMB15.23 billion, while net profit attributable to owners of the listed company rose 13.3% to RMB3.91 billion, demonstrating its resilience and steady growth. Supported by the strong operating performance, the company has declared an interim dividend of RMB2.6 per 10 shares held to reward its shareholders.Specifically, all four of Haitian Flavouring’s core business segments reported growth: Revenue from soy sauce products increased by 9.1% year-on-year to RMB7.93 billion; revenue from oyster sauce products reached RMB2.5 billion, up 7.7% year-on-year; revenue from seasoning sauce products rose 12% year-on-year to RMB1.63 billion; revenue from specialty condiments and other products recorded a significant increase of 16.7% to RMB2.51 billion. Haitian’s strong performance amid market headwinds can be attributed to its multi-dimensional competitive strengths and the strengthening of its brand moat.A Century of Accumulation Builds a Robust Brand MoatHaitian Favouring is a century-old Chinese condiment brand with origins tracing back to ancient soy sauce factories in Foshan during the Wanli period of the Ming Dynasty — a history spanning over 400 years. The company established the Haitian Seasoning Factory in 1955, listed on the Shanghai Stock Exchange in 2014, and expanded to the Hong Kong Stock Exchange in 2025, embarking on a new chapter with dual capital platforms in both A-share and H-share markets.After years of development, Haitian has solidified its leading position in the mainland condiment market. It has been the largest condiment company in China for 28 consecutive years in terms of sales volume. The soy sauce and oyster sauce products consistently hold the number one positions, while flavored sauce, vinegar, and cooking wine products achieved leading market positions in China. The brand is deeply rooted in the hearts of consumers and has become a household name in China. This long-term accumulation has built a robust brand moat for the company.Of course, Haitian’s sustained industry leadership is closely tied to its continuous investment in technology, ensuring consistently high product quality. In 2024, the company invested RMB840 million in R&D, with a cumulative investment of over RMB5,900 million in the past decade. Haitian now holds more than 1,000 authorized patents. Earlier this year, it was recognized as a “Lighthouse Factory” by the World Economic Forum (WEF) for five globally leading intelligent brewing technologies, becoming the world’s first soy sauce brewing manufacturer to receive this designation. These achievements not only guarantee the quality and safety of Haitian’s products but also enhance their market competitiveness, providing solid technical support for the company’s ongoing exploration of all-encompassing culinary solutions.Proactively Developing New Flavors and Advancing All-encompassing Culinary Solutions to Cater to Consumption UpgradingWhile consolidating its core product categories, Haitian has adhered to its strategic positioning of "all-encompassing culinary solutions", accurately capturing domestic market opportunities and actively developing specialty condiments. The company has launched products such as salad dressing, spicy liquid seasoning, chicken essence and chicken broth, etc., aiming to provide comprehensive product offerings for all kitchen and dining table seasoning needs. This effort continues to enhance its influence in the seasoning segment, diversify revenue streams, and drive sustainable growth.In terms of vinegar products, Haitian has innovatively developed rice vinegar categories such as white rice vinegar, black rice vinegar and fresh rice vinegar, as well as specialty vinegars such as apple cider vinegar and glutinous rice sweet vinegar, and actively laid out in niche segments like organic vinegar. In terms of cooking wine products, Haitian has introduced products like Haday Old Technique Cooking Wine, Haday Old Technique Cooking Wine with Ginger and Scallion, etc., forming a multi-tiered portfolio that includes the basic series, the organic series and the time-honored series to enrich consumer choice.In response to consumer demand for green, healthy, and diverse multi-scenario options, Haitian has actively developed specialty condiments. In the first half of 2025, the company launched products aligned with health and nutrition trends, such as organic, light-salt, and gluten-free series. It also introduced "dishes with just one sauce (一æ±'æˆ'è'œ)" product lines including salad dressings, seafood dipping sauces, and sour and spicy salad dressing, continually meeting consumers’ pursuit of convenience while enhancing its influence in the seasoning segment.Building a Premium Supply Chain System to Reinforce Competitive MoatBuilding on its scale advantages, Haitian has continuously strengthened its supply chain management, focusing on “quality, efficiency, and cost” to build a premium supply chain system that further consolidates its industry leadership.In supply chain operations, Haitian adheres to the philosophy of “good ingredients produce good products” by strictly controlling raw material quality. Leveraging digital tools to drive the digital transformation of its supply chain, optimize resource allocation, and enhance flexible production capabilities. Its Gaoming Factory has become an industry benchmark, recognized for its advanced intelligent manufacturing and highly efficient operational model. By integrating intelligent technologies and operational excellence, Haitian ensures consistent product quality while achieving efficiency and cost advantages, enabling it to provide users with high-quality and cost-effective products.Furthermore, Haitian actively promotes green development across the entire industry chain. In July of this year, as a core “chain leader” enterprise, the company initiated the industry’s first all-chain carbon reduction alliance— advancing the establishment of a green supply chain ecosystem and leading the low-carbon transition in the condiment industry.Current Price Offers Value OpportunityIn summary, Haitian has a solid operational foundation and remains committed to strengthening its core businesses. Its premium supply chain system further amplifies economies of scale, creating competitive barriers in both quality and efficiency, thereby enhancing overall competitiveness.At the same time, guided by a user-centric philosophy, the company continues to enrich its product portfolio and develop all-encompassing culinary solutions, opening up new growth opportunities. Furthermore, its listing in Hong Kong will help advance its global expansion strategy. As an industry leader with revenue and profitability far exceeding industry averages, Haitian still possesses room for valuation expansion. With the gradual realization of the advantages brought by its dual capital platform structure (“A + H”), the company’s future growth potential remains promising. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Frost & Sullivan Hosts the 19th Global Growth, Innovation and Leadership Summit in Shanghai ACN Newswire

Frost & Sullivan Hosts the 19th Global Growth, Innovation and Leadership Summit in Shanghai

September 1, 2025
SHANGHAI, Sep 1, 2025 - (ACN Newswire via SeaPRwire.com) - 28th August, The 2025 19th Frost & Sullivan Global Growth, Innovation and Leadership Summit and the 4th New Investment Event, hosted by Frost & Sullivan and co-organized by LeadLeo, was successfully held at the Jing'an Shangri-La Hotel in Shanghai from August 27 to 28, 2025. With the theme of "Intelligence Initiates a New Journey·Jointly Shaping Global Growth Engines", the Summit consists of an opening ceremony, eight parallel forums and a series of thematic activities, gathering over 200 heavyweight guests from home and abroad, more than 100 speeches/roundtable discussions, and attracting over 4,000 professional attendees.Frost & Sullivan has a history of nearly 30 years hosting Growth, Innovation and Leadership Summits worldwide, and this marks the 19th consecutive year of hosting the Summit in China. The 2025 Frost & Sullivan 19th GIL Summit featured in-depth discussions on hot topics such as AI and digital economy, new investments in life sciences, new consumption trends, ESG and new quality productive forces, high-quality development of listed companies, intelligent manufacturing going global and the global development of Chinese enterprises, jointly exploring new growth drivers, new markets and new tracks for China's economy in the new era. Focusing on cutting-edge industrial trends and capital movements, the Summit covers areas including macroeconomics, technological innovation, healthcare, energy storage, artificial intelligence and ESG practices, and released nearly 20 significant research findings on-site.Mr. David Frigstad, Global Chairman of Frost & Sullivan, highlighted the importance of the “Transformational Growth Journey,” which Frost & Sullivan defines as a seven-stage process to help companies navigate disruption and achieve sustainable success. He explained that the journey begins with understanding industry ecosystems across nine value chains, then leveraging data through the Growth Generator to enable rapid decision-making. Mr. David Frigstad emphasized that CEOs must view the world through a lens of prioritized growth opportunities and benchmark their organizations against global best practices. He also pointed to the Frost Radar as a tool for measuring future growth potential, built on both execution and innovation. Finally, Mr. David Frigstad underlined the role of community and collaboration, noting that true transformation requires openness to partnerships, new ideas, and global perspectives.Mr. Aroop Zutshi, Global President and Managing Partner of Frost & Sullivan, centered his speech on "Empowering Enterprises' Transformational Growth Journey", delivering an in-depth sharing focusing on global economic changes and corporate development, illuminating the growth path for enterprises seeking breakthroughs. He pointed out that the global economy is currently experiencing an unprecedented wave of change, and most enterprises are trapped in transformation dilemmas. The root causes lie in the difficulty in responding to change, missing hidden strategic opportunities and lacking a clear transformation framework. Only by taking proactive actions and focusing on strategic priorities can enterprises gain a firm foothold in the market reshuffle. To address the transformation challenges of enterprises, Mr. Aroop Zutshi proposed the "Top 5 Strategic Imperatives", including: 1. Transformation; 2. Ecosystem; 3. Growth Generator; 4. Growth Opportunities; 5. Frost Radar, Best Practices and Companies to Action, forming a systematic solution to support enterprises' transformational growth.Mr. Aroop Zutshi also detailed the six phases of Frost & Sullivan's "Growth Pipeline Engine", from growth audit and opportunity screening to strategy implementation and dynamic optimization, forming a interlocking systematic growth process to ensure that corporate growth is implementable and sustainable. Facing the Intelligence Revolution that began in 2023, he emphasized that this round of revolution is different from the Agricultural Revolution and the Industrial Revolution. By leveraging intelligent AI architectures, enterprises can deeply integrate deep web data, internal enterprise data and real-time public information. Only by equipping themselves with adaptive systems can enterprises seize technological dividends and occupy competitive high grounds. This sharing not only pointed out a way for enterprises to break through from "survival" to "development", but also conveyed clear growth value: by unifying team goals, stimulating innovation vitality and transforming strategies into practical actions, enterprises can not only avoid the risks of change, but also enhance their future growth potential, achieve sustainable high-quality development in the era of the Intelligence Revolution, and inject strong momentum into industrial transformation.Dr. Neil Wang, Global Partner and Greater China Chairman of Frost & Sullivan, stated that the theme of the Frost & Sullivan Summit has always centered on growth, innovation and leadership, adding value to enterprises, empowering industries and contributing to the national socio-economic development. He pointed out that the long-term, sustained and steady growth of China's economy is one of the greatest positives for the world. Frost & Sullivan not only studies the current growth of China's economy, but also focuses on predicting the future. At this Summit, Frost & Sullivan once again updated and released the White Paper on China's Industrial Development Trends in the Next 50 Years (4th Edition), hoping to help enterprises better grasp market opportunities and cope with challenges. According to his introduction, since entering China nearly 30 years ago, Frost & Sullivan has not only served a large number of innovative technology enterprises, but also actively engaged in technological innovation, such as proposing the concept of "AI + HI" (Artificial Intelligence + Human Intelligence) to empower the transformation and upgrading of traditional industries. Dr. Neil Wang believes that the core competitiveness of an enterprise lies in the leadership of entrepreneurs. The mission of Frost & Sullivan China is to convey China's growth, innovation, and leadership to the world, enabling the world to more clearly understand China's value and helping China accelerate its embrace of global opportunities.About Frost & SullivanFrost & Sullivan, the Transformational Growth company, enables clients to accelerate their growth and achieve best-in-class positions in growth, innovation, and leadership. The company’s Growth Pipeline as a Service provides the CEO’s Growth Team with transformational strategies and best-practice models to drive the generation, evaluation, and implementation of powerful growth opportunities. Let us be your growth coach on this transformational journey, as we actively support you in fostering collaborative initiatives within your industry’s ecosystem.About Frost & Sullivan GIL SummitThe Growth, Innovation and Leadership Summit founded by Frost & Sullivan has a history of nearly 30 years and is held in more than 20 countries and regions around the world. It has attracted in-depth participation from a large number of Global 1000 companies, top domestic and foreign financial institutions and other leading enterprises, helping them identify opportunities, continuously innovate, accelerate growth and gain a leading position in an increasingly complex and changing world. Since its launch in China in 2008, the Frost & Sullivan GIL Summit has been held for the 19th time. It has become an important platform for outstanding domestic enterprises, the investment community and regulatory authorities to exchange successful experiences and jointly explore development directions, as well as a key window for the world to understand China's cutting-edge development trends.Media ContactFrost & SullivanShanghai, ChinaRachel ZhangE: rachel.zhang@frostchina.comT: +86 021-3209-6800W: http://www.frostchina.com/ Copyright 2025 ACN Newswire via SeaPRwire.com.
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Frost & Sullivan Hosts the 19th Global Growth, Innovation and Leadership Summit in Shanghai ACN Newswire

Frost & Sullivan Hosts the 19th Global Growth, Innovation and Leadership Summit in Shanghai

September 1, 2025
SHANGHAI, Sep 1, 2025 - (ACN Newswire via SeaPRwire.com) - 28th August, The 2025 19th Frost & Sullivan Global Growth, Innovation and Leadership Summit and the 4th New Investment Event, hosted by Frost & Sullivan and co-organized by LeadLeo, was successfully held at the Jing'an Shangri-La Hotel in Shanghai from August 27 to 28, 2025. With the theme of "Intelligence Initiates a New Journey·Jointly Shaping Global Growth Engines", the Summit consists of an opening ceremony, eight parallel forums and a series of thematic activities, gathering over 200 heavyweight guests from home and abroad, more than 100 speeches/roundtable discussions, and attracting over 4,000 professional attendees.Frost & Sullivan has a history of nearly 30 years hosting Growth, Innovation and Leadership Summits worldwide, and this marks the 19th consecutive year of hosting the Summit in China. The 2025 Frost & Sullivan 19th GIL Summit featured in-depth discussions on hot topics such as AI and digital economy, new investments in life sciences, new consumption trends, ESG and new quality productive forces, high-quality development of listed companies, intelligent manufacturing going global and the global development of Chinese enterprises, jointly exploring new growth drivers, new markets and new tracks for China's economy in the new era. Focusing on cutting-edge industrial trends and capital movements, the Summit covers areas including macroeconomics, technological innovation, healthcare, energy storage, artificial intelligence and ESG practices, and released nearly 20 significant research findings on-site.Mr. David Frigstad, Global Chairman of Frost & Sullivan, highlighted the importance of the “Transformational Growth Journey,” which Frost & Sullivan defines as a seven-stage process to help companies navigate disruption and achieve sustainable success. He explained that the journey begins with understanding industry ecosystems across nine value chains, then leveraging data through the Growth Generator to enable rapid decision-making. Mr. David Frigstad emphasized that CEOs must view the world through a lens of prioritized growth opportunities and benchmark their organizations against global best practices. He also pointed to the Frost Radar as a tool for measuring future growth potential, built on both execution and innovation. Finally, Mr. David Frigstad underlined the role of community and collaboration, noting that true transformation requires openness to partnerships, new ideas, and global perspectives.Mr. Aroop Zutshi, Global President and Managing Partner of Frost & Sullivan, centered his speech on "Empowering Enterprises' Transformational Growth Journey", delivering an in-depth sharing focusing on global economic changes and corporate development, illuminating the growth path for enterprises seeking breakthroughs. He pointed out that the global economy is currently experiencing an unprecedented wave of change, and most enterprises are trapped in transformation dilemmas. The root causes lie in the difficulty in responding to change, missing hidden strategic opportunities and lacking a clear transformation framework. Only by taking proactive actions and focusing on strategic priorities can enterprises gain a firm foothold in the market reshuffle. To address the transformation challenges of enterprises, Mr. Aroop Zutshi proposed the "Top 5 Strategic Imperatives", including: 1. Transformation; 2. Ecosystem; 3. Growth Generator; 4. Growth Opportunities; 5. Frost Radar, Best Practices and Companies to Action, forming a systematic solution to support enterprises' transformational growth.Mr. Aroop Zutshi also detailed the six phases of Frost & Sullivan's "Growth Pipeline Engine", from growth audit and opportunity screening to strategy implementation and dynamic optimization, forming a interlocking systematic growth process to ensure that corporate growth is implementable and sustainable. Facing the Intelligence Revolution that began in 2023, he emphasized that this round of revolution is different from the Agricultural Revolution and the Industrial Revolution. By leveraging intelligent AI architectures, enterprises can deeply integrate deep web data, internal enterprise data and real-time public information. Only by equipping themselves with adaptive systems can enterprises seize technological dividends and occupy competitive high grounds. This sharing not only pointed out a way for enterprises to break through from "survival" to "development", but also conveyed clear growth value: by unifying team goals, stimulating innovation vitality and transforming strategies into practical actions, enterprises can not only avoid the risks of change, but also enhance their future growth potential, achieve sustainable high-quality development in the era of the Intelligence Revolution, and inject strong momentum into industrial transformation.Dr. Neil Wang, Global Partner and Greater China Chairman of Frost & Sullivan, stated that the theme of the Frost & Sullivan Summit has always centered on growth, innovation and leadership, adding value to enterprises, empowering industries and contributing to the national socio-economic development. He pointed out that the long-term, sustained and steady growth of China's economy is one of the greatest positives for the world. Frost & Sullivan not only studies the current growth of China's economy, but also focuses on predicting the future. At this Summit, Frost & Sullivan once again updated and released the White Paper on China's Industrial Development Trends in the Next 50 Years (4th Edition), hoping to help enterprises better grasp market opportunities and cope with challenges. According to his introduction, since entering China nearly 30 years ago, Frost & Sullivan has not only served a large number of innovative technology enterprises, but also actively engaged in technological innovation, such as proposing the concept of "AI + HI" (Artificial Intelligence + Human Intelligence) to empower the transformation and upgrading of traditional industries. Dr. Neil Wang believes that the core competitiveness of an enterprise lies in the leadership of entrepreneurs. The mission of Frost & Sullivan China is to convey China's growth, innovation, and leadership to the world, enabling the world to more clearly understand China's value and helping China accelerate its embrace of global opportunities.About Frost & SullivanFrost & Sullivan, the Transformational Growth company, enables clients to accelerate their growth and achieve best-in-class positions in growth, innovation, and leadership. The company’s Growth Pipeline as a Service provides the CEO’s Growth Team with transformational strategies and best-practice models to drive the generation, evaluation, and implementation of powerful growth opportunities. Let us be your growth coach on this transformational journey, as we actively support you in fostering collaborative initiatives within your industry’s ecosystem.About Frost & Sullivan GIL SummitThe Growth, Innovation and Leadership Summit founded by Frost & Sullivan has a history of nearly 30 years and is held in more than 20 countries and regions around the world. It has attracted in-depth participation from a large number of Global 1000 companies, top domestic and foreign financial institutions and other leading enterprises, helping them identify opportunities, continuously innovate, accelerate growth and gain a leading position in an increasingly complex and changing world. Since its launch in China in 2008, the Frost & Sullivan GIL Summit has been held for the 19th time. It has become an important platform for outstanding domestic enterprises, the investment community and regulatory authorities to exchange successful experiences and jointly explore development directions, as well as a key window for the world to understand China's cutting-edge development trends.Media ContactFrost & SullivanShanghai, ChinaRachel ZhangE: rachel.zhang@frostchina.comT: +86 021-3209-6800W: http://www.frostchina.com/ Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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AI-Powered Foundation, Innovation-Driven Empowerment, Legend Holdings Reports RMB699 Million in Net Profit Attributable to Parent for 2025H1

September 1, 2025
HONG KONG, Aug 29, 2025 - (ACN Newswire via SeaPRwire.com) - Legend Holdings Corporation (“Legend Holdings” or the “Company”; Stock Code: 3396.HK) today announced its unaudited condensed consolidated interim results for the six months ended June 30, 2025 (the “Reporting Period”). In the first half of 2025, Legend Holdings adhered to its principle of high-quality development driven by scientific and technological innovation and prioritized steady growth while pursuing strategic progress, further strengthening its industrial foundation; and the Company expanded its investments in scientific and technological innovation. By actively cultivating emerging and future industries, Legend Holdings accelerated its efforts to develop new quality productive forces and reinforce its core competitiveness. During the Reporting Period, Legend Holdings posted revenue of RMB281,589 million, representing a 21% year-on-year increase. The net profit increased by 49% year-on-year to RMB4,176 million, and the net profit attributable to equity holders of Legend Holdings was RMB699 million, representing a 144% year-on-year increase. The profit expansion was primarily driven by the enhanced profitability of key enterprises within the diversified-industries operation segment, coupled with narrowed year-on-year losses from the investment businesses of the industrial incubations and investments segment.Strengthening R&D and Deepening Strategic DeploymentAdhering to the principle of driving industrial innovation through sci-tech innovation, Legend Holdings accelerated its efforts to consolidate its traditional industries while proactively exploring into new frontiers. The Company has strategically deployed resources in cutting-edge fields including artificial intelligence, advanced materials, new energy, and biopharmaceuticals, fostering emerging industries with international competitiveness. During the Reporting Period, Legend Holdings further increased its investment in technological development and innovation, with R&D expenditure rising 16% year-on-year to a record half-year high of RMB8,513 million. Subsidiary Lenovo Group successfully capitalized on the surge in hybrid AI. With its forward-looking strategy and disciplined execution, Lenovo has driven coordinated progress across all business segments by leveraging innovation. Levima Advanced Materials maintained sustained momentum in R&D innovation, with 22 new patents granted during the Reporting Period. Key functional materials for new batteries, such as solid-state electrolyte dispersants and silicon-carbon anode binders, completed downstream customer trials and validation. Several new polyolefin catalysts were developed as well and 15 additional products were finalized. The pilot-scale testing for PEEK (Polyetheretherketone) products was also completed, reflecting broad development prospects in high-end and emerging sectors such as healthcare, semiconductors, and humanoid robotics. In strategic emerging and future industries, Legend Holdings Family Group actively supported China’s self-reliance and strength in science and technology, investing in more than 50 technology projects in the first half of the year. The Company facilitated the public listing of 5 enterprises, with more than 10 additional enterprises in the IPO pipeline. In the pharmaceutical and healthcare and embodied intelligence sectors, which continue to attract strong market interest, Legend Holdings Familiy Group has invested in more than 110 and 40 enterprises respectively, maintaining industry-leading positions in both domains.AI-Powered Foundation, Industry-Research SynergyThrough multi-layered and systematic technological innovations, Legend Holdings continues to actively advance AI empowerment across industries. Centered on the “AI Plus” initiative, it has representative cases in the integration of AI with six key areas: technology, industry, consumption, livelihoods, governance and global cooperation. During the Reporting Period, Lenovo launched its proprietary Super AI Agent matrix, with flagship technology products achieving global leadership. AI PC accounted for more than 30% of Lenovo’s total PC shipments, ranking No.1 worldwide in the Windows AI PC category with a 31% market share. AI servers continued to rank among world leaders with sales tripling year-on-year. The Tianxi Ecosystem for AI terminals, the Wanquan Ecosystem for AI infrastructure, and the Optimus Ecosystem for AI solutions and services have established in-depth collaborations with over 2,000 partners, accelerating the penetration of innovative AI technologies, products, and applications. Legend Holdings subsidiaries, including Levima Advanced Materials, Fullhan Microelectronics, and Lakala, also made efforts to promote the implementation of AI with industry best practices. Fullhan Microelectronics, for instance, made progress upgrading its technologies and iterating upon its products. The company launched ultra-high-pixel array products, low-light full-color cameras based on AI-ISP algorithms, etc. Meanwhile, the Company is committed to building an AI-plus ecosystem. With investments in accumulatively over 270 AI companies, Legend Holdings stands as one of the investment institutions with the most comprehensive system, the largest number of invested companies, and the longest track record in the field, continuously contributing to the sustainable development of China’s AI ecosystem.Advancing Green Transformation for Enhanced Quality and Efficiency“Ecological preservation and sustainable development” remains a core philosophy consistently upheld by Legend Holdings and thoroughly integrated into its business operations. Lenovo once again received the highest AAA rating in the MSCI ESG Ratings; its ESG solution “Lenovo ESG Navigator” helps customers monitor key ESG metrics of their factories; additionally, the Lenovo (Tianjin) Smart Innovation Service Industrial Park was awarded the “Eco-level Carbon Neutral Factory” certification by CESI Certification. Levima Advanced Materials’s newly launched green industry projects such as ultra-high molecular weight polyethylene lithium-ion battery separator materials, lithium-ion carbonate battery solvents, and PLA entered the production ramp-up phase. Additionally, the EVA, POE photovoltaic adhesive film materials and PPC projects are scheduled to be completed and put into operation in 2025. ZQi Solar’s N-type high-efficiency solar cell project continues to advance in technological improvements and process optimization. TOPCon’s conversion efficiency in mass production has increased to 27.10%, with a yield rate consistently above 97.5%, placing the company among the industry’s first tier.Going forward, Legend Holdings will further intensify its efforts in driving high-quality development through scientific and technological innovation, forging industrial resilience and optimizing resource allocation. The Company will actively promote the deep integration of AI scientific and technological innovation with industrial innovation and build an enterprise-led synergistic innovation ecosystem of Industry-University-Research-User. With an unwavering commitment to cultivating strategic emerging and future industries, Legend Holdings will continue to contribute significantly to China’s modernization and self-reliance and strength in science and technology. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Everest Medicines Announces 2025 Interim Results: ‘Dual-Engine’ Strategy Driving Strong Synergies Between Commercialization and R&D ACN Newswire

Everest Medicines Announces 2025 Interim Results: ‘Dual-Engine’ Strategy Driving Strong Synergies Between Commercialization and R&D

September 1, 2025
HONG KONG, Sep 1, 2025 - (ACN Newswire via SeaPRwire.com) - On August 29, Everest Medicines (1952.HK) announced its interim results for the six months ended June 30, 2025. The Company’s total revenue for the first half of 2025 reached RMB 446 million, representing 48% year-over-year growth, while operating expenses as a percentage of revenue decreased by 40.1 percentage points, reflecting strong operational efficiency. Non-IFRS loss narrowed by 31%, and gross margin excluding non-cash items was 76.4%. As of the end of June, the Company maintained a solid cash balance of RMB 1.6 billion. Additionally, with the successful completion of a share placement on August 1, which generated net proceeds of HK$1.553 billion, Everest’s total cash position increased further, providing a strong foundation for commercialization expansion and R&D investment. Supported by the excellent performance of its core products, Everest remains confident in achieving its full-year revenue guidance of RMB 1.6 to 1.8 billion and expects to turn operating cash flow positive in Q4.BOCOM International released its latest report today, noting that the strong sales performance of Everest Medicines’ Nefecon(R) far exceeded expectations. The institution significantly raised its revenue forecasts for 2026–2027 and lifted its target price to HK$84. The report highlighted a rich pipeline of catalysts from the second half of 2025 through 2026, including the approval, commercialization, and reimbursement negotiations of etrasimod in China, as well as potential BD opportunities for the Company’s proprietary pipeline. BOCOM International believes the current valuation remains attractive and reiterated its “Buy” rating.“In the first half of 2025, Everest Medicines accelerated its transformation into a leading global biopharmaceutical company by deepening our ‘dual-engine’ strategy. We have built a commercialization platform anchored by two blockbusters covering high-potential markets and powered by the in-house discovery and clinical translation of in vivo CAR-T and mRNA therapeutic cancer vaccine platforms.” said Rogers Yongqing Luo, Chief Executive Officer of Everest Medicines.Core Products Deliver Strong Growth, Driving Commercial Platform MomentumNEFECON(R), the blockbuster product in the renal portfolio, delivered particularly strong performance. As the first and only fully approved etiological treatment for IgA nephropathy (IgAN) in China, the United States, and Europe, NEFECON(R) generated revenue of RMB 303 million in the first half of 2025, representing 81% year-over-year growth. However, our first half revenue was artificially low due to a supply constraint that was rooted in both strong market demand and a delay in regulatory approval of a supplemental application for production scale up designed to ensure supply stability. This has been fully resolved since our supplemental application was approved by the China CDE on Aug 1, 2025. Following the supplemental application was approved by the China CDE in August, supply capacity increased significantly. Cumulative sales from January to August reached RMB 825 million, including RMB 520 million in August alone, reflecting strong market demand. Full-year sales are expected to reach RMB 1.2–1.4 billion, with continued strong growth projected in 2026, potentially reaching RMB 2.4–2.6 billion.Another Core product XERAVA(R), As the world’s first fluorocycline antibiotic recorded RMB 143 million in the first half of 2025, up 6% year-over-year. In-hospital sales increased 37% year-over-year, driven by Everest’s core hospital strategy.Additionally, VELSIPITY(R) (etrasimod), a best-in-disease therapy for moderately to severely active ulcerative colitis (UC), is positioned as Everest’s next growth engine, with its NDA in mainland China expected to be approved in the first half of 2026. The localized production project for VELSIPITY(R) was officially launched at the Jiashan manufacturing site in March 2025, providing strong support for its future commercialization.Global Proprietary Pipeline Value Emerging，Strong Prospects for Blockbuster Potential Everest continues to focus on achieving key breakthroughs in its proprietary pipeline, while accelerating the clinical development and global expansion of innovative assets with global rights. EVER001 (civorebrutinib), the next-generation covalent reversible BTK inhibitor, has delivered encouraging Phase 1b/2a clinical data in primary membranous nephropathy (pMN). With potential applications in IgAN, minimal change disease (MCD), and FSGS, covering a patient population of more than 10 million worldwide, EVER001 represents a significant market opportunity, with projected global peak sales exceeding RMB 10 billion. A global Phase II basket trial is expected to be initiated in the first half of 2026.Leveraging its industry-leading mRNA therapeutic cancer vaccine platform and in vivo CAR-T platform, the Company is building a globally competitive R&D pipeline. EVM18, the in vivo CAR-T program, has completed multiple non-human primate (NHP) trials and achieved preclinical proof-of-concept, with first-in-human data expected by the end of 2025. EVM16, the personalized therapeutic mRNA cancer vaccine, has initiated its first-in-human trial in China, with patient dosing completed. In the investigator-initiated trial (IIT), dose escalation in the low- and mid-dose cohorts has been completed, with encouraging preliminary data observed. EVM14, an off-the-shelf tumor-associated antigen (TAA) vaccine, has received IND approval from the U.S. FDA and acceptance from China’s NMPA. The Phase I trial in the U.S. is currently underway, with first patient enrollment expected by September 2025. EVM15, the immune-modulatory cancer vaccine, has completed preclinical proof-of-concept and identified its clinical candidate.Strategic Repositioning to Bolster Global CompetitivenessDuring the reporting period, the Hong Kong Stock Exchange approved the removal of the “B” marker from Everest’s stock short name, reflecting recognition of the Company’s strong R&D pipeline, commercialization capabilities, and overall business fundamentals. In addition to the successful top-up placement, Everest invested approximately US$30.9 million in I-Mab (Nasdaq: IMAB) in August 2025. Following the transaction, Everest increased its ownership in I-Mab to approximately 16.1%, becoming its single largest shareholder, further strengthening its global presence in next-generation immuno-oncology therapies.Analysts noted that Everest’s “dual-engine” strategy is rapidly delivering results. On the one hand, the Company’s powerful commercial platform—anchored by NEFECON(R) and VELSIPITY(R) and supported by XERAVA(R), Cefepime-taniborbactam, EVER001, and other high-potential assets—is expected to generate synergies with total peak sales exceeding RMB 25 billion globally. On the other hand, Everest’s in vivo CAR-T and mRNA therapeutic cancer vaccine platforms provide significant long-term growth potential through global development and partnership opportunities. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Gome Retail’s H1 2025 Significant Performance Improvement, Debt Resolution Breakthrough, and Accelerated Strategic Transformation ACN Newswire

Gome Retail’s H1 2025 Significant Performance Improvement, Debt Resolution Breakthrough, and Accelerated Strategic Transformation

Ogos 30, 2025
HONG KONG, Aug 29, 2025 - (ACN Newswire via SeaPRwire.com) - Gome Retail Holdings Limited (Stock code: 493.HK, "Gome Retail" or the "Company", together with its subsidiaries, “the Group”) announced its unaudited six-month results for the six months ended June 30, 2025 (the "Reporting Period").Focusing on the main industry to consolidate the border, breakthrough in debt resolutionIn the first half of 2025, the external environment was complex and severe. Structural contradictions persisted in China, while the industry where the Group belongs showed some signs of recovery, they were still in the bottomingout phase. However, since the fourth quarter of last year, national policies have become more proactive, with the introduction of a number of important stimulus policies. The effects of these policies were further realised in the first half of 2025. Benefiting from these policy initiatives, the Group’s revenue, profit, and other indicators improved significantly during the Reporting Period. During the Reporting Period, the Group recorded sales revenue of RMB297 million, a year-on-year increased by 75.74%; Gross profit was RMB20 million, a year-on-year increased by 11.11%; and loss attributable to owners of the parent during the Reporting Period was RMB1,346 million, a year-on-year decreased by 69.63%.In the first half of 2025, China’s economic growth met expectations. Policy initiatives continued to strengthen, with stimulus measures such as trade-ins and equipment upgrades continuing and expanding in the consumer sector. This has led to a rebound in the growth of durable goods consumption, including home appliances, and initial signs of a bottoming-out recovery in the industry. The Group accelerated its efforts in transformation projects and emerging businesses, including franchise model innovation and car experience centers, achieving progress in each area during the Reporting Period. Debt disposal efforts progressed in an orderly manner during the Reporting Period, the Group actively negotiated debt solutions with various creditors, including financial institutions, suppliers, and convertible bondholders. The Group gradually reduced its debt burden through debt-to-equity swaps, franchise expansion, discussions with banks on debt disposal solutions, and the disposal and sale of non-core assets，and achieved significant progress during the Reporting Period, laying a solid foundation for continued operations.Continuing to promote the asset-light model, the strategic results are gradually showing Gome Retail adheres to a strategy of "asset-light, operations-focused, strong control, and replicability," focusing on sales, revenue, and positive cash flow. Leveraging its supply chain advantages, it optimizes its operating model and details, empowering franchise opportunities. Regarding franchising, the Group continues to expand brand licensing opportunities to franchisees, focusing on supply chain model innovation to assist franchisees in market expansion, avoid high self-development costs, and precisely allocate resources to brand building and user experience. Regarding franchising, the Group continues to strengthen its equity-based partnership model, primarily through the "single-store franchising" format, with the " urban experience Center" at its core, to build a extensive franchise network for the home appliance and related products. Through supply chain empowerment, asset-light operations, and refined management, the Groups is creating a new model for scenario-based digital marketing.New business launch accelerates, with the Car Experience Center officially operationalGome Retail is actively cultivating new growth points. The first Gome Car Experience Center Xibahe Store officially opened on April 29, 2025, marking the Group's official entry into the automobile distribution field. The center has already drawn dozens of mainstream new energy marques, offering early proof that its intensive operating model can lower single store costs and sharpen customer acquisition. Several automakers have responded with concrete partnerships.Looking ahead, the year 2025 marks the final year of China’s 14th Five-Year Plan. Moreover, the Central Politburo has decided to commence the formulation of the 15th Five-Year Plan ahead of schedule in the second half of this year, in order to accelerate the recovery of domestic demand. As a result, it is expected that there will be more substantial policy support at the national level in the coming months.Gome Retail management said: “Despite the significant challenges the Group has faced in recent years, management has remained proactive and unwavering in its efforts. Through persistent dedication, the Group achieved its first signs of performance recovery during the Reporting Period and made substantive progress in strategic transformation and the exploration of new business areas. In the second half of the year, we will continue to devote our full efforts to overcoming current challenges as swiftly as possible, thereby laying the groundwork for a sustained recovery.”About GOME RETAIL HOLDINGS LIMITEDGOME RETAIL HOLDINGS LIMITED was listed on the Hong Kong Stock Exchange in July 2004 (Stock Code: 493HK). Founded in 1987 in China, GOME is committed to building China's leading technology-based, experiential, entertainment-oriented and socialized home-life technology retailer. With the strategy of "Home Living", Gome Group focuses on retailing of electrical appliances and consumer electronics products, and builds a closed-loop ecosystem for the entire product line.Please visit our website for more information: www.gome.com.hkIssued by EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITED for and on behalf of GOME Retail Holdings Limited. For further information, please contact: EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITEDMr Matthew Li / Ms Isla GuTel: (852) 3468 8874 Fax:(852) 2111 1103Mail: Matthew.li@everbloom.com.cn/ jin.gu@everbloom.com.cn Copyright 2025 ACN Newswire via SeaPRwire.com.
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Belt and Road Summit Returns in September ACN Newswire

Belt and Road Summit Returns in September

Ogos 30, 2025
HONG KONG, Aug 27, 2025 - (ACN Newswire via SeaPRwire.com) - The 10th Belt and Road Summit, co-organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), will take place on 10 and 11 September 2025 at the Hong Kong Convention and Exhibition Centre. Under the theme Collaborate for Change • Shape a Shared Future, the Summit will bring together over 90 key officials and business leaders from 18 Belt and Road countries and regions and feature in-depth discussions on the immense opportunities arising from the Belt and Road Initiative across sectors including finance and investment, innovation and technology, professional services, infrastructure and maritime services. The Belt and Road Summit fosters long-lasting international collaboration and promotes the building of a sustainable future.Marking its 10th edition this year, the Summit will build on the successes of the past nine editions, by developing further into a leading platform for policy dialogue and business collaboration between Belt and Road economies and other countries and regions. Since the first Belt and Road Summit in 2016, more than 700 distinguished speakers from over 30 countries and regions have shared their insights at the Summit. Over 660 exhibitors have showcased a wide range of professional services and investment projects, attracting more than 45,000 participants from over 120 countries and regions. The Summit has also facilitated around 5,400 business matching meetings and supported over 2,000 projects, originated or facilitated more than 30 deals involving over 50 companies. These agreements span key areas such as infrastructure, finance, technology, and green development, underscoring the Summit’s important role in advancing Belt and Road cooperation.Algernon Yau, Secretary for Commercial and Economic Development, said: "The Belt and Road Initiative (B&RI) has been put into practice, turning an idea into action and a vision into reality. The HKSAR Government contributes to the B&RI in various areas, and actively participates in the eight major steps to support Belt and Road development. Since 2013, Hong Kong's merchandise trade with Belt and Road countries and regions has grown substantially by nearly 80%, which is 3.2 times the growth rate of Hong Kong's external merchandise trade during the same period, reaching about US$280 billion. This demonstrates Hong Kong's capabilities as an international trade and investment hub, and highlights the growth potential of Belt and Road markets. The theme of this year's Summit is “Collaborate for change ‧ Shape a shared future”. We will further enhance Hong Kong's role in taking forward the B&RI, raising the awareness of the B&RI among different sectors of the community and helping them to capture Belt and Road opportunities."Nicholas Ho, Commissioner for Belt and Road, Commercial and Economic Development Bureau said: "We will embrace changes and promote greater collaboration at the 10th Belt and Road Summit. New elements of the Summit include sessions featuring signature projects and market spotlights, a roundtable session promoting sustainable development, and more opportunities to exchange in the session for young business leaders. We will also enhance promotion beyond the Summit - over 20 activities in various fields will be organised in different venues over an extended period, including art and cultural exhibitions, Chinese and Western music concerts, a film festival and quizzes for secondary school students, enabling the public to participate in and experience the global collaborative achievements of the B&RI.”Patrick Lau, Deputy Executive Director of the HKTDC, said: "The HKTDC has a longstanding commitment to leveraging Hong Kong’s unique advantages in connectivity, strengthening the city’s role as both a ‘super connector’ and a ‘super value-adder’. Through its global network of 51 offices, enhanced information platforms and outbound missions, the HKTDC has contributed to advancing the Belt and Road Initiative. As one of the world’s most important platforms for exploring Belt and Road policies and opportunities and fostering concrete cooperation, the Belt and Road Summit has successfully promoted regional connectivity and economic development. Marking its tenth anniversary this year, the HKTDC remains dedicated to enhancing this international cooperation platform, enabling all parties to explore new markets and opportunities, deepen engagement and collaboration along the Belt and Road economies, and continue turning the Initiative’s vision into tangible partnerships and achievements, opening a new chapter together."Diverse sessions gather distinguished guests to explore regional cooperation trendsThe Belt and Road Summit features various sessions and activities, including the Opening Session, Policy Dialogue, Business Plenary, Keynote Luncheon, Thematic Breakout Session, Project Investment Session and Cocktail Reception.The Opening Session will feature welcome remarks by Professor Frederick Ma, Chairman of the HKTDC, followed by opening remarks from John Lee, Chief Executive of the HKSAR. Sun Chanthol, Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia, and Serik Zhumangarin, Deputy Prime Minister of Kazakhstan’s Minister of National Economy, will deliver keynote address, officially inaugurating the Summit.The subsequent Policy Dialogue will be chaired by Algernon Yau, Secretary for Commerce and Economic Development, and will feature contributions from Anthony Loke, Minister of Transport of Malaysia; Ahmed Shide Mohamed, Minister of Finance of Ethiopia; Mehmet Simsek, Minister of Treasury and Finance of Turkey; and Wasantha Samarasinghe, Minister of Trade, Commerce, Food Security and Cooperative Development of Sri Lanka. The session will explore the latest Belt and Road policies and cross-regional economic cooperation. On the second day of the Summit, special remarks will be delivered by Jam Kamal Khan, Federal Minister of Commerce of Pakistan, followed by thematic breakout sessions to enable participants to engage in in-depth discussions on the development of individual markets and industries.The Keynote Luncheon, themed Building a Connected World with Green and Digital Innovation, will feature welcome remarks by Paul Chan, Financial Secretary of the HKSAR, and opening remarks by Chen Liang, Chairman of the Board of Directors and Chairman of the Management Committee, China International Capital Corporation Limited. Eduardo Pedrosa, Executive Director of the APEC Secretariat, will deliver a keynote address, sharing strategies for sustainable development at the intersection of green initiatives and digitalisation.Promoting multilateral cooperation with a focus on new opportunities in the Middle East and ASEANThe Summit has always aimed to provide participants with opportunities to showcase project achievements, exchange the latest information, and establish long-term partnerships. Among the sessions are two business plenaries to explore emerging opportunities and frontier developments across different regions and industries.In May this year, a business delegation led by John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), and organised by the HKTDC, visited Qatar and Kuwait in the Middle East. This trip marked a significant milestone as it included representatives from mainland enterprises for the first time, aimed at fostering collaboration and creating new business opportunities. The visit has facilitated the signing of an MoU between Dongchao Information Technology (Shanghai) Co., Ltd and Qatari developer Fikri Group, to establish a factory in Qatar, further solidifying Hong Kong's connections with the Middle Eastern market. Wang Chaoyou, President of Dongchao Technology Group will share his successful experience of “going global” through Hong Kong’s business platform at one of the plenary sessions. Themed Exploring Frontiers in New Markets and Industries, the session will be chaired by Professor KC Chan, Chairman of WeLab Bank. Keynote speakers include H.E. Abdulsalam Al Murshidi, President of Oman Investment Authority; Elton Chan, Director of Jardine Matheson Limited; Ronald Lam, CEO of Cathay Group; and Gansha Wu, Co-founder, Chairman and CEO of UISEE Technologies (Beijing) Co., Ltd.The other business plenary session, themed ASEAN: Unveiling New Opportunities for Growth and Collaboration, will be chaired by Dr Victor K Fung, Chairman of Fung Group, and feature speakers Zeng Qi, Vice President of CITIC Group Corporation; Dong Mingzhu, Chairperson and President of Gree Electric Appliance Inc. of Zhuhai; Tony Fernandes, CEO of Capital A; Antony Leung, Chairman of Nan Fung Group; and Dr. Hashim S. Djojohadikusumo, CEO and Chairman of Arsari Group of Companies.This year, the conference will continue to feature thematic breakout forums focusing on finance, green, and youth. The Youth Chapter will include interactive elements to facilitate deeper engagement between participants and young leaders.During the Summit, the Project Investment Session, the Belt and Road Deal-Making, and Exhibition will highlight developments from around the world, particularly in the Middle East and ASEAN markets, facilitating interaction among regional opinion leaders and business decision-makers, and promoting substantive cooperation across different sectors.The Project Investment Session will feature a new segment themed Middle East & ASEAN Market Focus, showcasing high-potential projects from these two fast-growing regions. Additionally, a new Signature B&R Projects-featured Session will feature forward-looking initiatives, underscoring the Belt and Road Initiative’s role in driving economic transformation and innovation. The investment project sessions will continue to cover four popular themes from previous editions - Energy, Natural Resources and Public Utilities; Urban Development; Transport and Logistics Infrastructure; and Innovation and Technology - showcasing over 300 investment projects across these sectors. The Belt and Road Deal-Making will provide participants with key opportunities for negotiation and collaboration. Held concurrently with the Summit and extended online from 15 to 16 September, this will bring together global resources and facilitate long-term partnerships and resource integration through one-to-one project matching meetings.The Exhibition will bring together global project collaboration opportunities, featuring a newly introduced ASEAN Pavilion highlighting the latest projects across diverse sectors in the region. Also included will be the Hong Kong Zone, Global Investment Opportunities Zone, InnoTech Zone, and Mainland Pavilions, collectively showcasing professional services, innovative technologies, and investment prospects. In addition, the Belt and Road Global Forum Annual Roundtable 2025 will be held on 12 September morning, alongside Belt and Road Week, bringing together Hong Kong, Mainland and international organisations and associations to share information, interact and explore multilateral cooperation.The 10th Belt and Road Summit is supported by a wide range of partners, including China International Capital Corporation Limited as Strategic Partner, and Bank of China (Hong Kong) Limited as the Banking Partner. Other supporters include The Hongkong and Shanghai Banking Corporation Limited as the Global Connectivity Partner, Standard Chartered Bank (Hong Kong) Limited as Cross-border Business Partner, Huatai International Financial Holdings Company Limited as Innovative Finance Partner, as well as China Mobile International Limited, China Telecom Global Limited and China Unicom Global Limited as Platinum Sponsors.The 10th Belt and Road SummitDate10 to 11 September 2025VenueHall 5B-E, Hong Kong Convention and Exhibition CentreRemarksVideo and audio recordings at the Summit should be used only in the context of media reportingMediaRegistrationPlease contact lsong@yuantung.com.hk or tleung@yuantung.com.hk for media registrationWebsitesBelt and Road Summit: https://www.beltandroadsummit.hk/conference/bnr/enProgramme:https://www.beltandroadsummit.com/conference/bnr/en/programmeSpeaker list: https://www.beltandroadsummit.com/conference/bnr/en/speakerMedia representatives who would like to conduct interviews with the speakers, please complete the Interview Request Form and email it to lsong@yuantung.com.hk or tleung@yuantung.com.hk.Photo download: http://bit.ly/41V7v0W(left to right) Patrick Lau, Deputy Executive Director of HKTDC, Algernon Yau, Secretary for Commerce and Economic Development and Nicholas Ho, Commissioner for Belt and Road shared the latest developments of the Belt and Road Initiative, reviewed the achievements of the Belt and Road Summit, and introduced the upcoming 10th edition of the Summit at a press conference held todayAlgernon Yau, Secretary for Commerce and Economic Development, shares Hong Kong’s role in the Belt and Road Initiative, the latest development opportunities, and the Government’s achievements in advancing the InitiativeNicholas Ho, Commissioner for Belt and Road, shares the highlights of this year’s Belt and Road SummitPatrick Lau, Deputy Executive Director of HKTDC, reviews the contributions of the past nine editions of the Belt and Road Summit and highlights successful casesThe 10th Belt and Road Summit, themed Collaborate for Change • Shape a Shared Future, will bring together key officials and business leaders from Belt and Road countries and regions and feature in-depth discussions on the immense opportunities arising from the Belt and Road Initiative across a wide range of sectors, including finance and investment, innovation and technology, professional services, infrastructure and maritime services. This will also foster international collaboration and promote the building of a sustainable future (This photo shows the 9th Belt and Road Summit in 2024)Media EnquiriesYuan Tung Financial Relations:Louise SongTel: (852) 3428 5690Email: lsong@yuantung.com.hkTiffany LeungTel: (852) 3428 2361Email: tleung@yuantung.com.hkFung WongTel: (852) 3428 3122Email: hfwong@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Serena CheungTel: (852) 2584 4272Email: serena.hm.cheung@hktdc.orgJane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgSam HoTel: (852) 2584 4569Email: sam.sy.ho@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.
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CITIC Limited reports solid H1 2025 results with higher dividend

Ogos 30, 2025
HONG KONG, Aug 29, 2025 - (ACN Newswire via SeaPRwire.com) - CITIC Limited (stock code 00267.HK) published its 2025 interim results, achieving revenue of 368.8 billion yuan ($51.72 billion), net profit of 59.8 billion yuan, and profit attributable to ordinary shareholders of 31.2 billion yuan. The Board recommends an interim dividend of 0.2 yuan per share, up 5.3 percent year-on-year, with a total dividend payout of 5.818 billion yuan.In recent years, CITIC Limited has attached great importance to investor returns, steadily increasing its dividend payout ratio year by year. According to its shareholder-return plan, the dividend payout ratio shall be no less than 27% in 2024, no less than 28% in 2025, and striving for no less than 30% in 2026. The dividend rate for 2024 reached 27.5% exceeding the target. This year's interim dividend again beat expectations, demonstrating the company's commitment and confidence in stable development.The company stated that it has implemented a market capitalisation management mechanism oriented toward value creation and shareholder returns across its listed subsidiaries to enhance capital efficiency and operational quality; the market capitalisations of multiple subsidiaries increased in the first half of 2025, providing positive support for the parent company's valuation.Financial segment: In H1, CITIC Limited launched a finance for tech special initiative, integrating the ''equity-loan-bond-insurance'' full-chain capabilities, serving over 14,100 enterprises recognised in the first six batches of national-level specialised and sophisticated enterprises and the first eight batches of single-product champion in manufacturing, covering more than 92 percent of such companies. In addition, the company continued to optimise its business structure and focused on key areas to achieve profit growth across the board: banking net profit growth continued improving, and approval was obtained to establish an asset investment company (AIC); securities business revenue and profit both achieved substantial year-on-year growth, with domestic equity and bond underwriting market shares continuing to lead the industry; reforms and transformation in trust, insurance and other businesses accelerated, further expanding advantages in segmented areas.Industrial segment: CITIC Limited focused on priority businesses such as integrated die-casting, specialised robots, and biological breeding. It accelerated industrial upgrading and strove to build specialised technologies and flagship projects. CITIC Dicastal's aluminum wheels and castings sales reached record highs, and its ranking among the world's top 100 automotive parts companies rose to 42. CITIC Metal's copper and niobium product sales achieved double-digit growth, driving a surge in operating net profit. Synergies between CITIC Pacific Special Steel Group Co Ltd and Nanjing Iron and Steel Co Ltd became evident, with higher gross profit per ton of steel, and their combined total profit remained an industry leader. In agriculture, Longping High-Tech completed a share placement, further accelerating its progress toward becoming a global seed-industry leader. In emerging industries, the company actively invested in digital technology, low-altitude economy, and artificial intelligence, and promoted the implementation of multiple key projects.Risk management: Overall risk indicators continued to improve, and via the ''finance + industry'' synergy mechanism, the company advanced risk resolution. In H1, the newly restructured and revitalised projects totalled 9.8 billion yuan, strengthening the ''identification – isolation – funding support – asset revitalisation” full-chain capabilities. Notably, a breakthrough was achieved in resolving land access issues at Sino Iron project, with the 2023 Mine Continuation Proposals receiving approval from the State of Western Australia, marking an important step for the project’s continued operation.CITIC Limited stated that the company will continue to maintain strategic focus, deepen the dual-engine advantage of finance and industry, further expand its internationalisation and industry-finance synergies, and enhance profitability and risk-management capabilities. The company will continue creating long-term, stable, and sustainable investment returns for shareholders. Copyright 2025 ACN Newswire via SeaPRwire.com.
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AI-Powered Foundation, Innovation-Driven Empowerment, Legend Holdings Reports RMB699 Million in Net Profit Attributable to Parent for 2025H1

Ogos 30, 2025
HONG KONG, Aug 29, 2025 - (ACN Newswire via SeaPRwire.com) - Legend Holdings Corporation (“Legend Holdings” or the “Company”; Stock Code: 3396.HK) today announced its unaudited condensed consolidated interim results for the six months ended June 30, 2025 (the “Reporting Period”). In the first half of 2025, Legend Holdings adhered to its principle of high-quality development driven by scientific and technological innovation and prioritized steady growth while pursuing strategic progress, further strengthening its industrial foundation; and the Company expanded its investments in scientific and technological innovation. By actively cultivating emerging and future industries, Legend Holdings accelerated its efforts to develop new quality productive forces and reinforce its core competitiveness. During the Reporting Period, Legend Holdings posted revenue of RMB281,589 million, representing a 21% year-on-year increase. The net profit increased by 49% year-on-year to RMB4,176 million, and the net profit attributable to equity holders of Legend Holdings was RMB699 million, representing a 144% year-on-year increase. The profit expansion was primarily driven by the enhanced profitability of key enterprises within the diversified-industries operation segment, coupled with narrowed year-on-year losses from the investment businesses of the industrial incubations and investments segment.Strengthening R&D and Deepening Strategic DeploymentAdhering to the principle of driving industrial innovation through sci-tech innovation, Legend Holdings accelerated its efforts to consolidate its traditional industries while proactively exploring into new frontiers. The Company has strategically deployed resources in cutting-edge fields including artificial intelligence, advanced materials, new energy, and biopharmaceuticals, fostering emerging industries with international competitiveness. During the Reporting Period, Legend Holdings further increased its investment in technological development and innovation, with R&D expenditure rising 16% year-on-year to a record half-year high of RMB8,513 million. Subsidiary Lenovo Group successfully capitalized on the surge in hybrid AI. With its forward-looking strategy and disciplined execution, Lenovo has driven coordinated progress across all business segments by leveraging innovation. Levima Advanced Materials maintained sustained momentum in R&D innovation, with 22 new patents granted during the Reporting Period. Key functional materials for new batteries, such as solid-state electrolyte dispersants and silicon-carbon anode binders, completed downstream customer trials and validation. Several new polyolefin catalysts were developed as well and 15 additional products were finalized. The pilot-scale testing for PEEK (Polyetheretherketone) products was also completed, reflecting broad development prospects in high-end and emerging sectors such as healthcare, semiconductors, and humanoid robotics. In strategic emerging and future industries, Legend Holdings Family Group actively supported China’s self-reliance and strength in science and technology, investing in more than 50 technology projects in the first half of the year. The Company facilitated the public listing of 5 enterprises, with more than 10 additional enterprises in the IPO pipeline. In the pharmaceutical and healthcare and embodied intelligence sectors, which continue to attract strong market interest, Legend Holdings Familiy Group has invested in more than 110 and 40 enterprises respectively, maintaining industry-leading positions in both domains.AI-Powered Foundation, Industry-Research SynergyThrough multi-layered and systematic technological innovations, Legend Holdings continues to actively advance AI empowerment across industries. Centered on the “AI Plus” initiative, it has representative cases in the integration of AI with six key areas: technology, industry, consumption, livelihoods, governance and global cooperation. During the Reporting Period, Lenovo launched its proprietary Super AI Agent matrix, with flagship technology products achieving global leadership. AI PC accounted for more than 30% of Lenovo’s total PC shipments, ranking No.1 worldwide in the Windows AI PC category with a 31% market share. AI servers continued to rank among world leaders with sales tripling year-on-year. The Tianxi Ecosystem for AI terminals, the Wanquan Ecosystem for AI infrastructure, and the Optimus Ecosystem for AI solutions and services have established in-depth collaborations with over 2,000 partners, accelerating the penetration of innovative AI technologies, products, and applications. Legend Holdings subsidiaries, including Levima Advanced Materials, Fullhan Microelectronics, and Lakala, also made efforts to promote the implementation of AI with industry best practices. Fullhan Microelectronics, for instance, made progress upgrading its technologies and iterating upon its products. The company launched ultra-high-pixel array products, low-light full-color cameras based on AI-ISP algorithms, etc. Meanwhile, the Company is committed to building an AI-plus ecosystem. With investments in accumulatively over 270 AI companies, Legend Holdings stands as one of the investment institutions with the most comprehensive system, the largest number of invested companies, and the longest track record in the field, continuously contributing to the sustainable development of China’s AI ecosystem.Advancing Green Transformation for Enhanced Quality and Efficiency“Ecological preservation and sustainable development” remains a core philosophy consistently upheld by Legend Holdings and thoroughly integrated into its business operations. Lenovo once again received the highest AAA rating in the MSCI ESG Ratings; its ESG solution “Lenovo ESG Navigator” helps customers monitor key ESG metrics of their factories; additionally, the Lenovo (Tianjin) Smart Innovation Service Industrial Park was awarded the “Eco-level Carbon Neutral Factory” certification by CESI Certification. Levima Advanced Materials’s newly launched green industry projects such as ultra-high molecular weight polyethylene lithium-ion battery separator materials, lithium-ion carbonate battery solvents, and PLA entered the production ramp-up phase. Additionally, the EVA, POE photovoltaic adhesive film materials and PPC projects are scheduled to be completed and put into operation in 2025. ZQi Solar’s N-type high-efficiency solar cell project continues to advance in technological improvements and process optimization. TOPCon’s conversion efficiency in mass production has increased to 27.10%, with a yield rate consistently above 97.5%, placing the company among the industry’s first tier.Going forward, Legend Holdings will further intensify its efforts in driving high-quality development through scientific and technological innovation, forging industrial resilience and optimizing resource allocation. The Company will actively promote the deep integration of AI scientific and technological innovation with industrial innovation and build an enterprise-led synergistic innovation ecosystem of Industry-University-Research-User. With an unwavering commitment to cultivating strategic emerging and future industries, Legend Holdings will continue to contribute significantly to China’s modernization and self-reliance and strength in science and technology. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Analogue 2025 Interim Results Net Profit Reaches HK$80.8 Million ACN Newswire

Analogue 2025 Interim Results Net Profit Reaches HK$80.8 Million

Ogos 30, 2025
HONG KONG, Aug 29, 2025 - (ACN Newswire via SeaPRwire.com) - Analogue Holdings Limited (“Analogue” or the “Company”, together with its subsidiaries, the “Group”) (stock code: 1977), a leading provider of electrical and mechanical (“E&M”) engineering solutions, and information and communications technology services for smart cities, today announced its interim results for the six months ended 30 June 2025 (the “Period”) with contracts-in-hand achieving a record high of HK$13,085.0 million, providing a solid business foundation for the coming two years and beyond.Business Highlights- Revenue was HK$2,874.2 million with profit attributable to the owners of the Company at HK$80.8 million.- The total order intake increased by 39.8% year-on-year to HK$4,906.5 million. Within this, the intake of new maintenance contracts for infrastructure, housing programmes, and lifts and escalators increased 143.0% in the Period to HK$862.5 million, contributing to the recurrent revenue stream.- Overseas expansion was continually built on. The Group set up a new company in Germany for capturing opportunities in Europe and Central Asia, and our associate TEI opened a second branch in the southern part of the US.- Interim dividend amounted to HK2.60 cents per share.Chairman Dr Mak Kin Wah said, “We are pleased to report a record high in contracts‑in‑hand in the first half of 2025. Since early years, we have been engaging in research and development on our own and in collaboration with leading universities and international technology partners, which gives us the early-mover advantage in putting the fast-developing innovative technologies to effective use in the engineering industry. Leveraging continuous advancements in construction techniques and innovative technologies, and comprehensive engineering capabilities, we have won the recognition and support of customers in diverse sectors, including public and private housing, commercial and industrial development projects, environmental engineering, data centres, universities, as well as lifts and escalators.”“Our strong cash position (with HK$1,140.1 million and gearing ratio of 19.5%) positions us for taking on additional work as appropriate, and valuable opportunities arising in the market. We aim to stay agile in pursuit of opportunities across our wide base of business in Hong Kong, Macau and Mainland China. Additionally, with the presence we have already established in the UK, the US and other international markets, we are pursuing project and technical services opportunities in Europe, Asia, and the Middle East. We will tirelessly put into action our motto of ‘We Commit. We Perform. We Deliver.’, to maximise value for shareholders, suppliers and other stakeholders, while contributing to the wider communities we serve.”Business Review: Building Services- This segment remains as the largest revenue contributor, with revenue recorded at HK$1,565 million.- Competitive edge in multidisciplinary packaged projects and industry leadership in innovative MiMEP and other new engineering techniques were instrumental in securing major contracts. Contracts-in-hand were at a high level of HK$6,934 million.- With strategic investments to accelerate innovation and modern manufacturing facilities in Zhuhai and Hong Kong, the Group continues to lead in MiMEP and DfMA technologies.- Obtained the property management licence, which allows the Group to offer integrated solutions throughout the building lifecycle, from construction through maintenance and operations to long-term facility management, and to create a potential revenue stream that complements core services.Environmental Engineering- The revenue increased by 15.5% year-on-year to HK$717 million.- This segment secured the order intake of HK$966 million in 1H2025, including the award of a four-year water supply maintenance contract in the News Territories East region.- Maintained active tendering activities throughout 1H2025 with the award of many of the submitted tenders due for finalisation in phases later in the year.- In addition to the project opportunities in Asia and the Middle East, the segment is exploring opportunities to extend its expert services to European projects through a newly-established company in Germany.Information, Communications and Building Technologies (“ICBT”)- The revenue increased by 2.7% year-on-year to HK$303 million.- This segment continued to sustain its leadership in green and intelligent building solutions under the DigiFusion brand.- Continued to expand its technological reach through strategic collaborations with leading manufacturers in Mainland China and around the world, reinforcing its commitment to innovation and our ability to deliver scalable, high-performance solutions in diverse sectors.Lifts and Escalators- Order intake and revenue grew significantly by 26.8% to HK$341 million and by 20.9% to HK$289 million respectively.- The associate in the US secured the contract for the world-class vertical transportation system in the iconic 56-storey luxury hotel skyscraper on the border of Times Square in New York.- Machine-Room-Less lift products have gained significant traction in key international markets, including the US and South Korea, by virtue of their space-saving design, energy efficiency, simplified installation and low maintenance requirements.For further details of the 2025 Interim Results, please refer to the announcement filed with The Stock Exchange of Hong Kong Limited.About Analogue Holdings LimitedEstablished in 1977, Analogue Holdings Limited is a leading provider of electrical and mechanical (“E&M”) engineering solutions and information and communications technology (“ICT”) services for smart cities, with headquarters in Hong Kong and operations in Macau, Mainland China, the United States and the United Kingdom. Serving a wide spectrum of customers from public and private sectors, the Group provides multi-disciplinary and comprehensive E&M engineering and technology services in four major segments, including Building Services, Environmental Engineering, Information, Communications and Building Technologies (“ICBT”) and Lifts & Escalators.The Group also manufactures and sells lifts and escalators internationally and has entered into an alliance with Transel Elevator & Electric Inc. (“TEI”), one of the largest independent lifts and escalators companies in New York, the United States. The Group’s associate partner, Nanjing Canatal Data-Centre Environmental Tech Co., Ltd (603912.SS), specialises in manufacturing of precision Copyright 2025 ACN Newswire via SeaPRwire.com.
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Black Spade calls for family offices to increase their focus on digital assets and emerging industries ACN Newswire

Black Spade calls for family offices to increase their focus on digital assets and emerging industries

Ogos 30, 2025
HONG KONG, Aug 29, 2025 - (ACN Newswire via SeaPRwire.com) - Black Spade Capital Limited (“Black Spade”) recommends that family offices place stronger emphasis on mainstream digital assets, artificial intelligence (AI), and robotics-related funds, stocks or ETFs, as these three sectors are poised to become the core drivers of future economic growth. With the deepening of digitalization and intelligent technologies, traditional industries that integrate these emerging innovations can not only significantly boost productivity but also greatly enhance operational efficiency —helping businesses maintain a competitive edge in an increasingly fierce market.Recently, Mr. Dennis Tam, President and CEO of Black Spade attended a private meeting with renowned investor Ms. Catherine Wood, CEO and CIO of Ark Invest to explore cutting-edge trends within her investment portfolio. Ms. Wood has made forward-looking investments in areas such as AI, robotics, blockchain applications, energy storage, and cellular sequencing. Companies in these sectors are seen as having tremendous growth potential and represent key opportunities within the wave of technological advancement. Funds under her management are widely regarded as crucial investment portfolio for capturing the upside that innovation brings.Mr. Tam remarked that family offices should adjust their asset allocations based on their own risk tolerance level and make room for stocks or ETFs in these emerging industries which not only support their development but also to pursue higher returns. Ms. Wood also forecasted that by around 2030, the value of Bitcoin could reach USD1.5 million while Ethereum might rise to USD166,000 — reflecting her strong confidence in the future growth of cryptocurrencies. Mr. Tam believes that digital assets will gradually become a widely accepted new asset class and enter mainstream financial markets. Currently, although only less than 5% of investors have deep knowledge of this field, an increasing number of banks and government investment institutions are actively embracing the trend, creating strong market momentum.In summary, Black Spade Capital believes that family offices should act fast under the backdrop of changing times and proactively invest in funds, stocks and ETFs related to mainstream digital assets, AI, and robotics. In addition to driving future economic and technological development, these three sectors will also serve as key pillars for enhancing efficiency and competitiveness in traditional industries. Through scientific and rational asset allocation, family offices can not only improve investment returns but also participate in the next wave of the technological revolution.Photo caption: From the left: Mr. Dennis Tam, President and CEO of Black Spade and Ms. Catherine Wood, CEO and CIO of Ark InvestAbout Black Spade Capital Limited Black Spade Capital Limited is an established family office that manages the private investments of Mr. Lawrence Ho. Headquartered in Hong Kong, its global portfolio consists of a wide spectrum of cross-border investments as it consistently seeks to add new projects and opportunities to its investment mix. Black Spade’s investment strategy maximizes coverage of geographic regions and sectors whilst maintaining a portfolio of diversified asset classes, ranging from equity, fixed income, medical technology, leisure and culture, green energy, real estate to Pre-IPO investments. In August 2023, Black Spade Acquisition Co, a blank check company (SPAC) sponsored by Black Spade, completed a US$23 billion business combination with VinFast Auto Ltd. In 2024, Black Spade listed its second SPAC, Black Spade Acquisition II Co, which completed a business combination with global media and entertainment powerhouse The Generation Essentials Group in about 9 months in June 2025.Media Enquiries:Strategic Financial Relations LimitedVicky LeeTel: +852 2864 4834Email: vicky.lee@sprg.com.hk Iris Au YeungTel: +852 2114 4913Email: iris.auyeung@sprg.com.hkWebsite: www.sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.
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JF SmartInvest Holdings Ltd Returns to Profit in 2025 Interim Results ACN Newswire

JF SmartInvest Holdings Ltd Returns to Profit in 2025 Interim Results

Ogos 29, 2025
HIGHLIGHTS:- The Group’s gross billings amounted to approximately RMB1,705.4 million, representing an increase of approximately 83.3% from approximately RMB930.5 million for the Corresponding Period.- The Group’s total revenue was approximately RMB2,099.7 million, representing an increase of approximately 133.8% from approximately RMB898.1 million for the Corresponding Period.- The profit attributable to Shareholders of the Group was approximately RMB865.4 million, as compared to the net loss attributable to Shareholders of approximately RMB174.2 million for the Corresponding Period.- Taking into account the financial and cash flow positions of the Group, the Board recommends the payment of an interim dividend of approximately HKD238.9 million for the six months ended June 30, 2025, representing HKD0.51 per share (in cash).HONG KONG, Aug 29, 2025 - (ACN Newswire via SeaPRwire.com) - JF SmartInvest Holdings Ltd (the “Company” ; together with its subsidiaries, the "Group" or “we”) is pleased to announce its unaudited consolidated interim results for the six months ended June 30, 2025 (the “Reporting Period”). During the Reporting Period, the Company sustained robust operations and realized a revenue of approximately RMB2,099.7 million, representing a YOY growth of approximately 133.8%. Profit attributable to Shareholders amounted to approximately RMB865.4 million, representing a YOY turnaround to profit from the net loss attributable to Shareholders of approximately RMB174.2 million in the Corresponding Period, and an increase of approximately RMB1,039.6 million in the Reporting Period. These fully demonstrate the effective strategy execution and high market adaptability of the Company.The Company places great emphasis on Shareholders returns. Taking into account the financial and cash flow positions of the Group, the Board recommends the payment of an interim dividend of approximately HKD238.9 million for the six months ended June 30, 2025, representing HKD0.51 per share (in cash). Maintaining a prudent dividend policy not only reflects the strong profitability of our core business and our ample cash flows, but also highlights our strong sense of responsibility and commitment to Shareholders returns. Since the listing of the Company in 2023, the Company has made cash dividend payments for consecutive years with increasing dividend payout ratio. Notably, the dividend payout ratio reached 50.3% for 2024.Developing a dimensional product matrix for revenue diversificationLeveraging on the synergy and conversion of the products under our existing four main product lines, we further strengthened our core advantages in “intelligent algorithms + professional investment research + ecosystem services”, drove the transformation of our next-generation stock investing assistants from “feature-focused” to “experience-orientated”, and continued to improve our digital financial infrastructure, thereby facilitating the development of personalized and inclusive financial services.We consolidated the foundation of our large-amount software products and delivered our expertise in investment advisory services to ensure robust and strong performance of the core business. Empowered by AI technology, we fully delivered our expertise in investment advisory by newly launching 8 stock monitoring indicators and the “FinSphere SmartInvest” quantitative product that further strengthened our AI service capabilities. At the same time, we advanced the framework construction of our Stock Learning Machine through forming the three main matrices of “content, tool and trading” with focus on six core modules such as courses, live streaming and tools, to create a comprehensive learning platform. During the Reporting Period, It underwent 5 major version iterations and over 200 feature optimizations.In addition, we refined our small-amount series products to enhance our product strengths and operational capabilities and accelerate the platform development of our App. We built a Chief IP ecosystem integrating K-line chart analysis and expert insights,that enabled us to precisely distribute contents through a user tagging system. We upgraded our market information by enriching data such as capital flow trends, Hong Kong and US stocks, and launched new features of stock monitoring and portfolio watchlist. We optimized our information page with an infinite content feed, personalized recommendations, and improved visual hierarchy. Meanwhile, we also expanded multiple distribution channels including app stores, and refined our marketing strategies through data analysis. By sorting out the bottlenecks in registered users’ activation, we implemented tiered strategies to enhance utilization rates. Our homepage was dynamically optimized to enhance the attractiveness of its first screen. These measures accelerated the development of our App platform, broadened our user coverage and product exposure, increased the trustworthiness and stickiness of our App and created a closed loop of “content nurtures users and trust drives conversion”.Adhering to Artificial Intelligence + Investment Advisory strategy and refining our “1+N” investment research systemWith focus on the “buyer-side investment advisory” service, we vigorously developed “AI+” and further strengthened our “1+N” investment research system to fully penetrate our investment research into businesses and processes, so as to professionally support our customers in creating long-term value. We continued to make significant investment and effort in research and development. During the Reporting Period, we invested approximately RMB147 million in R&D activities. Meanwhile, as of the end of the Reporting Period, we had 139 software copyrights and patents on product features, big data, and AI, that represented an increase of 21 YOY.We actively explored the all-round empowerment of AI in the securities sector. We practiced “AI + Investment Advisory” providing a one-stop intelligent investment research platform which consolidates the core strengths of comprehensive stock analysis, multi-dimensional stock profiling, and diverse quantitative stock selection, and delivers professional investment research capabilities in an accessible, personalized, and empathetic manner that suits different types of investors. Meanwhile, considering compliance as our lifeline, we built an intelligent compliance and risk control platform covering the entire business process that creates a closed compliance loop of complete activity logging, data traceability, risk blocking, intelligent quality inspection and human-machine collaboration. During the Reporting Period, the cumulative number of behavioral monitoring tasks conducted by our “AI Monitoring Officer” increased by over approximately 77% as compared with 940 million in the Corresponding Period, and our “AI Inspection Officer” for content quality inspection assisted in nearly 2.2 million review tasks, reflecting that full coverage has been basically achieved.Based on our “1 research institute and N business lines” investment research system with our JF Financial Research Institute at the core, we continued to refine our underlying business competitiveness in securities investment advisory. Guided by the principle of “conducting higher-dimensional research and providing lower-dimensional services”, the institute is committed to developing a domestically leading and characteristically distinctive investment research service platform in China to provide long-term and steady, systematic, trustworthy and professional research services for investors. As of the end of the Reporting Period, the institute established a pyramid team structure consisting of 4 experts, 9 super-IPs and 128 professionals. It studied over 4,000 companies in over 20 industries.Refining traffic operation on MCNs with AI empowerment to build a high-quality traffic systemBy capitalizing on our refined traffic operations and realizing traffic reuse, we effectively expanded our business scale and improved our profit margins through optimization of operational efficiency. During the Reporting Period, using AIGC to optimize content production, we enhanced the production efficiency of premium contents. Moreover, using Douyin as our primary channel, we established a multi-platform layout with focus on Kuaishou, Xiaohongshu and Bilibili, to extend the boundaries of traffic operation scenarios. As of the end of the Reporting Period, the Company operated 994 MCN accounts on different internet platforms. These accounts attracted approximately 63.06 million followers, representing an increase of 17.47 million as compared with the Corresponding Period.At the same period, we actively practiced investor education for greater brand influence. We joined the Investor Education Alliance of China Fund and opened a Yinghua account to provide inclusive, systematic and differentiated investor education content for investors, contributing to the long-term development of stock investing theory. We exclusively sponsored Chinese Business Network’s live broadcast of the Berkshire Hathaway Annual Shareholders Meeting for the sixth consecutive year. Through “Buffett and Seven Lunches”, we helped investors build cognitive understanding of investing, and we specially organized a US study tour, bringing nearly a hundred investors to attend the meeting in person so that they could directly ask the stock god questions about value investing. This created a dialogue between the general investors and the iconic investor, aiming to provide them with more diverse and down-to-earth investment advice and forward-looking insights. We also attended “Financial Powerhouse”, a featured program of China Central Television, to provide deep explanation and analysis of the paradigm shift of the Company’s “AI + Investment Advisory” services empowered by fintech.Business outlookThe chairman of the Board and chief executive officer of JF SmartInvest Holdings Ltd, Mr. Chen Wenbin said: "Consistently adhering to the concepts of rational investing, value investing and long-term investing, we insisted on adopting a customer-centric approach to develop a dimensional product system and continuously improve our services. Looking forward to future, we, as a next-generation stock investing assistant, will continue to strengthen our competitiveness, solidify our market leadership and strive to make investing and wealth management easier yet more professional, and enhance the happiness of investment and wealth management. "About JF SmartInvest Holdings Ltd (Stock Code: 9636)JF SmartInvest Holdings Ltd is a new generation stock investment assistant. The Company is engaged in the provision of equity investment instruments, securities investment advisory, investor education and other services to individual investors. The products include stock quote software, stock learning machine, Stock Navigator, Super Investor and Jiuyao Stocks. The Company adopts the technology + investment research model, develops JF Robo-Advisor, FinSphere Agent, FinSphere Report and other products based on artificial intelligence (AI) and big data technology, which are applied to the industry in terms of innovative practice and scenario application.For enquiries, please contact:Financial PR (HK) LimitedEmail: ir@financialpr.hkTel: 852 2610 0846Fax: 852 2610 0842 Copyright 2025 ACN Newswire via SeaPRwire.com.
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Fosun’s Bold Innovation & Globalization Drive Valuation Upside

Ogos 29, 2025
HONG KONG, Aug 29, 2025 - (ACN Newswire via SeaPRwire.com) - On 27 August, Fosun International (HKEX: 00656) announced its 2025 interim results, with total revenue reaching RMB87.28 billion, industrial operation profit amounting to RMB3.15 billion, and profit attributable to owners of the parent reaching RMB661.2 million.While these figures may seem uneventful at first glance, the underlying shifts are worth taking a closer look.In the first half of 2025, Fosun’s four core subsidiaries generated a total revenue of RMB63.61 billion, with their contribution to the Group’s total revenue rising from 70% in 2024 to 73%. This clearly reflects that Fosun has made notable progress in its core business-focused strategy and has actively strengthened both its operational capabilities and competitive advantages across key industries in recent years.Regarding Fosun’s investment in technology innovation, the first half of 2025 marked a “DeepSeek moment” for China’s innovative drug industry. Fosun’s consistent pursuit of the technology innovation strategy also delivered breakthroughs, fostering a number of globally competitive innovations. Its Health segment posted profit attributable to owners of the parent of RMB756 million, representing a year-on-year increase of 48.3%. Fosun’s investment in technology innovation reached RMB3.6 billion in the first half of 2025, representing sustained growth compared to the same period last year. After years of intense investment, Fosun has entered a phase of accelerated innovations.In addition, leveraging its long-term commitment to global operations, Fosun’s overseas revenue reached RMB46.67 billion in the first half of 2025, with its proportion of the Group’s total revenue rising from 49.3% in 2024 to 53%.These three sets of figures give us a glimpse into the changes in Fosun International’s fundamentals. After years of advancing its innovation and globalization strategies, these have become the core drivers of Fosun’s business growth, expanding the runway for future performance growth while driving a valuation re-rating of Fosun International.Multi-front breakthroughs in innovation poised to drive “adaptive growth”In the first half of 2025, Fosun entered a harvest phase for its innovation achievements. A total of 5 indications of 4 innovative drugs independently developed and licensed-in by Fosun Pharma were approved for launch both domestically and internationally, 4 innovative drugs had entered the pre-launch approval stage. Among them, the Class I new drug independently developed by Fosun Pharma, FUMAINING (luvometinib tablets), was approved for marketing in Chinese mainland, filling the treatment gap in the field of rare tumors and marking an important milestone in Fosun Pharma’s development in the fields of oncology and rare disease treatment.Fosun Pharma’s R&D investment totaled RMB2.584 billion in the first half of 2025, focusing on core therapeutic areas such as solid tumors, hematological tumors, and immuno-inflammatory diseases to build a high-value pipeline portfolio. Meanwhile, it actively expanded into chronic diseases (cardiovascular, kidney and metabolic diseases) and neurological fields.Leveraging the efficiency, cost advantages, and high quality of China’s R&D system, Henlius, a subsidiary of Fosun is scaling up its R&D capacity and building innovation capabilities comparable to those of leading multinational pharmaceutical companies. In the first half of 2025, Henlius achieved multiple breakthroughs in its core innovative products, including the PD-L1-targeting antibody-drug conjugate (ADC), HLX43 and the novel epitope anti-HER2 monoclonal antibody, HLX22.Among these innovative drugs, HLX43 is a PD-L1-targeting ADC currently in global Phase II clinical trials. It is undergoing clinical studies for solid tumors such as non-small cell lung cancer (NSCLC) and thymic carcinoma in countries including China, the US, Japan, and Australia. HLX43 has demonstrated notable competitiveness in terms of drug safety, efficacy, and R&D progress, and holds strong potential to become a broad-spectrum anti-cancer drug.Driven by its innovation strategy, Henlius achieved impressive growth in revenue, profit and cash flow in the first half of the year. Alongside its performance breakthroughs, Henlius has earned strong recognition from investors. As at 26 August, Henlius’ share price saw an impressive 254% surge year-to-date.Fosun’s innovative drug achievements in the first half of the year mark only a starting point. Nearly 20 clinical trials of Fosun Pharma’s innovative drugs were approved to be conducted by domestic and overseas regulatory institutions in the first half of the year, positioning Fosun for adaptive growth.Meanwhile, several promising molecules in Henlius’ early-stage pipeline are advancing rapidly, spanning ADCs, small molecules, T-cell engagers (TCEs), and more. Gradually stepping onto the global innovation stage, these candidates hold potential to become blockbuster products. For example, HLX43, a key focus, has enrolled more than 300 patients globally. Its global Phase II clinical trials are underway, with patient enrolment progressing smoothly across China, the US, Japan, and other countries and clinical efficacy data indicating strong potential for it to become a major product.Unleashing continued benefits from globalizationQuality innovations need the right platform to shine. Fosun’s success in innovative drug R&D is closely linked to another strategic capabilities, globalization. As one of the earliest Chinese private enterprises to go global, Fosun has spent over 30 years building its presence in more than 40 countries and regions worldwide, demonstrating well-recognized globalization capabilities.Fosun’s globalization capabilities have undoubtedly facilitated the establishment of a global innovation system integrating “independent R&D + investment incubation + ecosystem collaboration”, as well as the global expansion of innovative drugs.In August 2025, the small molecule orally administered DPP-1 inhibitor developed by Fosun Pharma achieved overseas licensing for a potential total of US$645 million, garnering strong investor attention. Currently, no small molecule orally administered inhibitors with the same mechanism of action have been approved for marketing worldwide.In the first half of 2025, Henlius’ globalization strategy was in full swing, with global product revenue exceeding RMB2.5568 billion, representing an increase of 3.1% year-on-year. Overseas products profits surged over 200%. Cash inflows from business development (BD) agreements exceeded RMB1 billion, surging 280% year-on-year. As the overseas sales volume of commercialized products continues to rise, Henlius is expected to see significant growth in overseas revenue and profits for the full year of 2025, with strong momentum likely to continue into 2026.Up to date, Henlius has 6 products launched in China, 4 approved for marketing in overseas markets, reaching about 60 markets in Asia, Europe, Latin America, North America and Oceania.Fosun’s globalization capabilities have also driven significant growth across industries such as consumption, cultural tourism, and intelligent manufacturing.Hainan Mining, a subsidiary of Fosun focusing on energy and bulk commodities, saw its overseas revenue proportion exceed that of Fosun International, reaching 57% in the first half of 2025. Hainan Mining commenced pilot production at Phase 1 of the Bougouni lithium mine in Mali. Coupled with the Roc Oil oilfield project in Malaysia and the recently acquired oilfield project in Oman, Hainan Mining is accelerating the building of a “Minerals + Energy” network spanning West Africa, the Middle East, and Southeast Asia.In recent years, the Yuyuan Lantern Festival, with a long history in Shanghai, has been steadily expanding its presence overseas. Following its overseas debut in Paris, France in late 2023, the themed lantern installation made a stunning appearance in Hanoi, Vietnam in January 2025, commemorating the 75th anniversary of the establishment of diplomatic relations between China and Vietnam. In June, the Lantern Festival lit up at ICONSIAM, a renowned commercial landmark in Bangkok, Thailand, as part of the celebrations marking the 50th anniversary of the establishment of diplomatic relations between China and Thailand.Songhelou, a time-honored Chinese brand under Yuyuan with a 268-year history, opened its first overseas restaurant in London, the UK. Yuyuan Jewelry Fashion Group will embark on its overseas expansion by the end of this year, targeting Hong Kong, Macau and Southeast Asia as key destinations.Fosun’s overseas subsidiaries have been actively expanding their presence globally. In the first half of 2025, Fosun Insurance Portugal’s international operations accounted for 28.2% of total consolidated business and overseas gross written premiums reached EUR924 million.Club Med, a global resort group under Fosun, once again achieved record-high global performance in the first half of 2025. Its business volume amounted to RMB9.25 billion, up 3.8% year-on-year; operating profit reached RMB1.27 billion, up 11.0% year-on-year.Entering a new phase of valuation recoveryPursuing innovation and globalization requires not only financial investment but also a long-term vision and the patience to endure challenging periods. For companies constantly navigating survival and development challenges, maintaining such persistence is no easy task.Since its establishment in 1992, Fosun has maintained high R&D investment in the Health segment and is now reaping the rewards with steadily increasing revenue contribution. Against the backdrop of booming technology innovations, driven by biopharmaceuticals and AI, Fosun holds strong potential to achieve adaptive growth fueled by blockbuster innovations.Globalization has been a strategic “first-mover” advantage for Fosun since the listing of Fosun International in 2007. While many competitors battled domestically, Fosun seized the opportunity presented by the 2008 global financial crisis to deepen its overseas business presence. As domestic competition intensifies, the imperative “go global or go home” is becoming clear for many companies. With over half of its revenue now from overseas markets, Fosun’s over a decade-long global footprint continues to deliver sustained development benefits.According to Fosun’s interim results, Fosun continued to optimize its asset portfolio in the first half of 2025, maintaining a solid financial position with ample cash reserves. As at 30 June 2025, the total debt to total capital ratio stood at 53%, with debt ratio remaining at a healthy level.In May 2025, the international credit rating agency S&P affirmed Fosun’s credit metrics and maintained its rating outlook as “Stable”. Fosun’s Hong Kong-listed companies in the Health segment saw a strong market capitalization performance in the first half of 2025, driving a revaluation of underlying asset values. As the macroeconomic landscape progressively brightens, Fosun International has initiated a new phase of valuation recovery. Copyright 2025 ACN Newswire via SeaPRwire.com.
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New Hope Service Announces 2025 Interim Results

Ogos 29, 2025
HONG KONG, Aug 29, 2025 - (ACN Newswire via SeaPRwire.com) - 28 August , New Hope Service Holdings Limited (“New Hope Service”, SEHK stock code: 3658.HK) announces its interim results for the six months ended 30 June 2025(“the Period”). During the Period, New Hope Service recorded revenue of approximately RMB739.8 million, representing an increase of 4.3% compared with 2024. Gross profit was RMB233.7 million with a gross profit margin of 31.6%, while the profit attributable to the equity shareholders of the Company for the Reporting Period was RMB120.9 million, representing an increase of 2.4% compared with 2024, net profit margin attributable to parent company shareholders of 16.3%. The management fee rate decreasing for four consecutive years, down 7.1% year-over-year to 9.1%. The Board recommended to declare an interim dividend of HK$0.110 per Share for the six months ended 30 June 2025, demonstrating New Hope Service’s consistent strategy of actively rewarding shareholders and its confidence in future cash flow. Outstanding Market Expansion Results, Sustained Growth in Third-Party ContributionsIn the first half of 2025, New Hope Service's " keeping driven by high goals" strategy yielded significant results, completed the contracted amount of various third-party projects amounting to RMB560 million, representing a year-over-year increase of 59%, accounting for nearly 93% of the full-year 2024 contract target. Notably, benefiting from New Hope Service’s mature market expansion system and brand influence, successfully won the projects with contracted amount exceeding RMB10 million, including Tianyue Longting in Chengdu, Third City Zixiang Garden in Kunming, and Boyunting in Suzhou, market acceptance continues to grow. Furthermore, its independence was further enhanced, with the aggregate revenue from third parties accounting for 84%.During the period, New Hope Service's deep regional penetration strategy proved highly effective. The number of properties under management reached 254, with the total GFA under management exceeding 38.035 million sq.m. Among these, 96.6% of revenue from property management was from projects under management in first-tier, new first-tier and second-tier cities in China, particularly high-tier cities in Southwest and East China. As New Hope Service’s strategic base, the Southwest China region generated RMB219 million in property management revenue, accounting for 46.8% of total property management revenue and representing a year-on-year growth of 15.3%. The East China region achieved revenue of RMB166 million, accounting for 35.5% of total property management revenue with a year-on-year growth of 11.5%. These two core regions contributed 82.3% of New Hope Service’s total property management revenue, further consolidating regional synergy and scale effects.Enhancing High-Quality Services, Pursuing Both Quality Excellence and In-Depth Value Mining In the property management services segment, New Hope Service’s high-end service capabilities have become a key advantage in competition. By virtue of the D’LIFE high-end service system, New Hope Service successfully obtained the Aoyuan Peninsula ONE project in Chengdu (with a unit property management fee of RMB5/sq.m./month) during the Period. Additionally, Beihaojia obtained services for its first high-end residential project in Chengdu—Beichen S1—and the project in Fengxian, Shanghai. Notably, New Hope Service’s overall unit property management fee was RMB3.14/sq.m./month, representing a year-over-year increase of 3.6%, of which, the unit property management fee was RMB3.63/sq.m./month in Chengdu, reflecting the excellent overall quality of the projects.In the lifestyle services segment, New Hope Service continued to achieve breakthroughs in market-oriented expansion, with the penetration rate of retail business increased to 6.7%. The proportion of external customers increased to 60%, New Hope Service consecutively won the bids for several benchmark projects from Minsheng Bank Credit Card, the Industrial and Commercial Bank of China, and Yunnan Ping An Bank. The development of star products has yielded remarkable results, with the sales of hot-selling milk reaching RMB5.7 million, representing a year-on-year increase of 90%, and the sales volume of customized gift boxes exceeding 130,000 units. The segment’s overall capabilities of revenue generation and market-oriented operation continued to strengthen. The total number of operating projects reached 33, of which 91% were third-party projects. The “property + group meal” model covered 20 projects, Huiquan Community Canteen was launched, creating a model livelihood project of “government + public welfare + new services”.In the commercial operational segment, New Hope Service leverage expand incremental business and explore further opportunities in the existing market, successfully operating the Kunming Xishan Wanda and the Shiboli hotel, covering commerce, office buildings, and long-term rental apartments, significantly increasing the proportion of the revenue from third parties to 18.6%. Meanwhile, among commercial projects under management, Nanning Xinchangxing reported an occupancy rate of 96.07% with a year-on-year increase of 1.5% in rents, and the rent of Chengdu New Hope International representing a year-on-year increase of 11.2%, with an occupancy rate of 91.31%, both occupancy and collection rates were superior to industry averages, demonstrated excellent asset operation capabilities, achieving quality improvement against the trend.Effective Empowerment by Technology, Dual Growth in Operational Efficiency and Customer SatisfactionDuring the Period, New Hope Service achieved significant breakthroughs in digitalization to drive cost reduction and efficiency improvement. The "AI + Robot + Human" model was piloted at Crown Lake No. 1 , resulting in a 19.3% increase in labor efficiency and an annualized cost reduction of RMB6.4 million. Currently, this model is being accelerated for rollout to over 200 projects nationwide, with an expected management cost reduction of over RMB16 million.Furthermore, by having robots take over basic operations and AI empower the service chain, frontline staff can focus on high-value services, thereby driving the continued expansion of the closed loop of "cost reduction → efficiency improvement → satisfaction". This promoting the overall satisfaction rate to exceed 90 points, achieving dual improvements in service quality and customer satisfaction.Looking ahead, New Hope Service will adhered to a strategic orientation of high goals, deepen market expansion and brand building, and further advance the "Property +" strategy. Through the synergy of diversified businesses such as "Property + Commerce + Lifestyle", New Hope Service will explore new revenue growth drivers and effectively enhance the value of customer services. At the same time, digital operation will remain a key strategic investment area. New Hope Service will focus on AI algorithm iteration and robot technology application, through the combination of standardization, economies of scale and intelligence, we will build up long-term cost advantages and achieve the goal of continuous refined management, creating sustainable value returns for shareholders and customers.About New Hope ServiceNew Hope Service (3658.HK) is a local Sichuan integrated property management enterprise engaging in the provision of lifestyle service solutions with a leading position in the Western China region and strategic cultivation in Chengdu. Backed by New Hope Group Co., Ltd.* and its subsidiaries, a member of Fortune Global 500, the Group placed emphasis on adhering to “asset value appreciation and maintenance” and “care-free and wonderful life”, and provided building block services such as property management services, lifestyle services and commercial operational services for middle-to-high-end residences, corporate headquarters, medical institutions, commercial office buildings, government public facilities, financial institutions and various types of properties. As at 30 June 2025, the New Hope Service was honored to be the “TOP 15 Property Management Companies in China in terms of Overall Strength” by EH Consulting (up by 3 from the same period of last year), and the “No. 16 among China’s Top 100 Property Management Companies” by CRIC (up by 3 from the same period of last year), and was selected as the “Benchmark Property Service Company for Characteristic Property Model in China” for its high-end services.For latest news about New Hope Service, please go to the official websitehttps://www.newhopeservice.com.cnFor enquiry, please contact:Financial PR (HK) LimitedTim Yue/Hulk Liu/Lucy LiuTel:(852)2610 0846Fax:(852)2610 084 Copyright 2025 ACN Newswire via SeaPRwire.com.
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Global Sports Brand U.S. Polo Assn. to Become Title Sponsor of the Palm Beaches Marathon ACN Newswire

Global Sports Brand U.S. Polo Assn. to Become Title Sponsor of the Palm Beaches Marathon

Ogos 29, 2025
West Palm Beach, FL, Aug 28, 2025 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn., the official sports brand of the United States Polo Association (USPA), has agreed to a multi-year partnership as the new title sponsor of The Palm Beaches Marathon. The U.S. Polo Assn. Palm Beaches Marathon, a race owned and managed by Ken Kennerly's K2 Sports Ventures, will be held in Downtown West Palm Beach, Florida, on December 13-14, 2025.USPA MarathonThis renowned marathon event is recognized for its beautiful views of the waterfront and palm-tree-lined streets and welcomes runners from across the country and around the world to the warmth of Florida during the cold winter months. It is also a qualifier for the legendary Boston Marathon."U.S. Polo Assn. is honored to be the Title Sponsor of The Palm Beaches Marathon, an iconic event that, like our brand, is deeply rooted in this vibrant community of Palm Beach County," said J. Michael Prince, President and CEO of USPA Global, the company that oversees the global, multi-billion-dollar U.S. Polo Assn. brand. "While our sport-inspired brand has a worldwide footprint in more than 190 countries, our heart and heritage are right here in The Palm Beaches, home to USPA Global, the United States Polo Association, and the USPA National Polo Center, the most prestigious polo destination in the world."The race weekend will include the 5K and 10K at 7:30 a.m. Saturday, December 13, followed by the featured Marathon, Half Marathon, and Marathon Relay on Sunday, December 14 at 6 a.m. Early registration is now open. Cost is $130 for the Marathon and $100 for the Half Marathon. The early registration fee for the 10K is $60, and $45 for the 5K. To register for The U.S. Polo Assn. Palm Beaches Marathon, visit palmbeachmarathon.com.A Health and Fitness Expo will coincide with race packet pickup on Friday, December 12, from 12 p.m. to 6 p.m. and Saturday, December 13, from 10 a.m. to 6 p.m. at the Meyer Amphitheatre, 104 Datura St., West Palm Beach. The Expo will feature the latest in health and fitness products and services, running apparel, and upcoming race information."We are excited to add a renowned global brand like U.S. Polo Assn. as the Title Sponsor of The Palm Beaches Marathon," Kennerly said. "This is a massive deal for the future of our race and its appeal to runners throughout the world. The Palm Beaches are a globally recognized blue-chip destination, and we are looking forward to continuing to grow the race not only in our community, but also on an international level."U.S. Polo Assn. brand products include apparel for men, women, and children, as well as accessories, luggage, watches, shoes, home furnishings, and more, with distribution across 190 countries through independent retail stores, department stores, U.S. Polo Assn. brand stores and e-commerce."Partnering with The Palm Beaches Marathon allows us to celebrate athletic excellence, community spirit, health and wellness, as well as the shared passion for sport that connects us locally and around the world. From the polo fields to the streets of Palm Beach, we are inspired by the athletes who give their all, and we look forward to sharing in the energy, camaraderie, and world-class competition that make The Palm Beaches Marathon truly special," Prince added.The race will support local charities, soon to be announced.WPBF 25, the Hearst-owned ABC Affiliate, will return as the Official Broadcast Station of the race and will provide extensive pre- and post-race coverage on all on-air and digital channels, as well as produce a live broadcast on Marathon race morning."WPBF 25 is thrilled to extend our partnership for a second year in a row as the Official Broadcast Station of the U.S. Polo Assn. Palm Beaches Marathon, reaffirming our commitment to help bring such a unique and exciting event like this to our community," said President and General Manager, Caroline Taplett. "Working together with our incredible partners, Ken Kennerly and the Marathon team, we are dedicated to promoting a more connected community, supporting local businesses, and inspiring participants, locally, nationally, and internationally to join us in beautiful South Florida for this one-of-a-kind experience."About U.S. Polo Assn.U.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.About The U.S. Polo Assn. Palm Beaches MarathonThe U.S. Polo Assn. Palm Beaches Marathon is a premier winter running event held annually in West Palm Beach, which features a range of race distances designed for runners of all abilities, including a full marathon, half marathon, 10K, 5K, and a 4-person marathon relay. Highlighted by a 100% flat, USATF-certified course, the Marathon serves as a Boston Marathon qualifier. The scenic route allows runners to experience West Palm Beach's vibrant downtown as it winds along palm-lined Flagler Drive, past historic neighborhoods, and features sparkling waterfront views. The event also supports community and charity efforts. Visit palmbeachmarathon.com.Contact InformationStacey KovalskyU.S. Polo Assn.skovalsky@uspagl.com(954) 673-1331Gary FermanSpecialty Sports(954) 558-5203SOURCE: U.S. Polo Assn. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Dynasty’s Sales Revenue of Wine Products for the First Half of 2025 Reaches HK$123 Million ACN Newswire

Dynasty’s Sales Revenue of Wine Products for the First Half of 2025 Reaches HK$123 Million

Ogos 29, 2025
Financial Highlights (Unaudited)(HKD Thousand)Six months ended 30 June20252024Revenue122,775135,347Gross Profit47,27748,767Profit Attributable to Owners of the Company8,17218,510Gross Profit Margin39%36%Basic Earnings per Share (HK cents)0.581.31HONG KONG, Aug 28, 2025 - (ACN Newswire via SeaPRwire.com) Dynasty Fine Wines Group Limited (“Dynasty” or the “Group”) (Stock Code: 00828), a premier grape winemaker in China, today announced its unaudited interim results for the six months ended 30 June 2025.In the first half of 2025, as the Group strengthened the effort for dry white market in coastal region and the new launch of white wine and sparkling wine products, the Group’s sales revenue of white wine products maintained a good momentum. But due to the impact of macroeconomy, fluctuations in consumer market in the PRC, as well as increase in marketing and promotion expenses, the Group's revenue for the first half of 2025 decreased by 9% to approximately HKD 123 million compared to the same period in 2024. Profit attributable to owners of the Company declined by 56% to approximately HKD 8.2 million year-on-year. Basic earnings per share were approximately HK0.58 cents per share. The overall gross profit margin increased to 39% from 36% for the corresponding period in 2024, mainly due to optimisation of product mix during the period.Sales of white wines products of the Group served as the Group’s primary revenue contributor during the period. Sales revenue of red and white wines products accounted for approximately 41% and 54% of the Group’s overall revenue respectively for the period. During the period, the gross profit margin of red wine products and white wine products were 38% and 39% respectively.The Group has been actively pursuing innovation, embracing the “5+4+N” product strategy, with “N” standing for developing various customised products and continuously creating new products to meet the diverse needs of different Chinese consumer groups. During the period under review, the Group continued launching new products and carrying out product upgrade, that can better suit different palates, and cater for consumers with different spending power. That was done with an aim to invigorate the brand, as well as consolidating the image of Dynasty representative of domestic grape wine brand. The Group produced a wide range of more than 100 wine products under the “Dynasty” brand to meet the demands and preferences of different consumer groups mainly in the mass-market segments in the PRC wine market. During the period under review, the Group launched a new high-end product, i.e. Dynasty Chinese Zodiac Commemorative Dry Red Wine for the Yi Si Year of Snake, integrating with the Chinese zodiac culture and the leading rise of Chinese style fashionable products, by presenting the zodiac culture in a youthful visual language to attract potential consumers. During this period, the Group continued strengthening cooperation with the Wine Association and carried out activities such as "Dragon University Tours" to further expand the brand's awareness and reputation among young people. Based on its existing high-quality products, the Group continues to introduce new products and promote product upgrades. The Group participated in the 112th China Food & Drinks Fair in March 2025, introducing new products such as Tianyang Tea-flavoured wine series, Dynasty Baifu VSOP brandy, etc., to further improve its product matrix and provide consumers with diverse consumption choices. Breaking through from the constraints of traditional wine, this tea-flavoured wine series, with its core concept of "tea and wine fusion", has captured market attention with its unique craftsmanship. Based on white wine, this Tea-flavoured wine infuses the aromas of jasmine and Pu'er tea, creating a new oriental flavour within the traditional sparkling wine landscape. During the China Food & Drinks Fair, the Group also held wine-tasting events, where the new wines from Dynasty Tianxia Winery won industry praise for their unique flavor and exquisite craftsmanship.Further to our commitment to core wine business in the PRC, the Group will develop new alcoholic beverages segments such as sauce-flavour baijiu, yellow wine and special yellow wine – Chenpi wine, through the newly set up joint venture companies, so as to diversify the sources of revenue. Dynasty sauce-flavour baijiu products, namely ‘Han’, ‘Tang’, ‘Song’ and ‘Ming’ have been newly launched in Tianjin core-market with enthusiastic responses and will be further strategically promoted to other regions in the second half of the year. The sauce-flavour baijiu products satisfy the needs of customer groups with different spending habits and contributing to the Group’s business. In the future, the continuous development and expansion of the sauce-flavour baijiu industry and the improvement of the level of customer groups will inevitably and effectively drive the increase in the sales of Dynasty wine and related products, thereby enhancing our industry influence and brand awareness. For the yellow wine project, after planning, a manufacturing plant with a tank capacity of 3,000 tonnes of yellow wine and special yellow wine – Chenpi wine in Jiangsu will be under construction in the second half of 2025. Upon completion of the construction works, the Group will be able to produce special yellow wine – Dongtai Chenpi Wine which allows the Group to effectively expand product categories, seize development opportunities in the Chinese yellow wine industry, and achieve a major strategic move towards high-quality development of the wine industry.Regarding E-commerce sales, the e-commerce team of the Group comprehensively operated online stores on traditional e-commerce platforms, such as JD.com, Tmall and Pinduoduo for product sales, as well as comprehensive innovation on its brand, product categories, and business systems, procedures and models via interest-based ecommerce platforms, including RED, Kuai and TikTok during the period under review. The Group’s autonomous brand communications could continue to gain the attention of mainstream consumer groups and demographic segments, and enhance effective market penetration of the Group’s products targeted at young consumers. The e-commerce team also actively cultivate e-commerce live broadcasting talents to further expand its sales channels so as to build up a new customer base.In addition, during the period under review, the Group had boasted brilliant results in major wine appraisal competitions. Among the numerous awards, “Dynasty Jin. Y Brandy XO barrel-aged 12 years” has won the Silver Award, at the 2025 International Wine & Spirit Competition (“IWSC”). The competition is considered the international standard for wine and spirits quality. Dynasty Baifu VSOP Brandy, Golden Dynasty Marselan Dry Red Wine, as well as Tianyang Tea-flavoured Wine series are also awarded at the “2024 Qingzhuo Awards” in respective categories by China Alcoholic Beverages Association. “Dynasty Mengyuan White wine” has also won the Grand Gold Medal at the France International Wine Awards (“FIWA”) China region, Spring 2025 for its excellent quality. In addition, “Dynasty Inherit series -Dry Red Wine” has garnered the Gold Award at the same competition. These wines stood out from other entries for their elegant aroma, smooth body and round taste, and won the awards at the competitions, showing the charm and strengths of Dynasty wines to the country and the world.Mr. Wan Shoupeng, Chairman of Dynasty, concluded, “Looking ahead to the second half of 2025, the Group will continue to focus on market and consumer demand and promote product quality through technological innovation. At the same time, the Group will continue to innovate marketing strategies to stimulate brand vitality, further expand the market share of Dynasty’s products, strengthen Dynasty’s brand image representative of domestic wines, and set a benchmark for the Chinese wine industry, with the aim of bringing Dynasty’s superior wines to more consumers in the PRC. The Group will continue to proactively develop new marketing prospects through innovation in product categories and consumption scenarios, and cross-industry co-operations in order to boost sales volume, which is in line with the country’s effort to promote domestic consumption and release the consumption growth potential.”About Dynasty Fine Wines Group LimitedDynasty Fine Wines Group Limited was listed on the Main Board of The Stock Exchange of Hong Kong Limited with the stock code 00828 on 26 January 2005. Founded in 1980, Dynasty is the premier grape winemaker in China. It is principally engaged in the production and sale of grape wine products under its reputable “Dynasty” brand. Dynasty is the first Sino-foreign joint venture wine company in China with Tianjin Food Group Limited and the French grape wine giant, Remy Cointreau, as its current major shareholders. The Group produces and sells more than 100 grape wine product series, and introduces imported wine products, providing high-quality and value-for-money grape wines to the full range of consumer groups in China. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Genetec reinforces foundation for growth, maintains resilient outlook ACN Newswire

Genetec reinforces foundation for growth, maintains resilient outlook

Ogos 29, 2025
Healthy pipeline, diversification and cost discipline position the Company for long-term growthKey Financial Performance Highlights for the Financial Year (FY2025):- Group’s total revenue for the financial year is RM222.7 million, mainly driven by the e-mobility and energy storage segment, supplemented by the electronics segment.- Recorded LAT of RM40.9 million for Q4FY2025 and LAT of RM27.2 million for the financial year.BANGI, Malaysia, Aug 28, 2025 - (ACN Newswire via SeaPRwire.com) - Technology leader in providing turnkey, intelligent manufacturing automation solutions, Genetec Technology Berhad (“Genetec” or the “Company”), today announced its financial results for the year ended 30 June 2025 (“FY2025”). The Company reported a gross profit of RM12.7 million for FY2025, supported by continued deliveries in the e-mobility and energy storage segments. The Company recorded a loss after tax (LAT), mainly reflecting higher logistics costs and non-operational, one-off expenses, while underlying fundamentals remain intact.Performance was affected by logistics constrains and one-off costs. Despite this, the Company continued to invest in strengthening its capabilities and supporting future project scopes. Profitability is expected to normalise in FY2026 as markets stabilise and as projects are executed effectively. Genetec is also reinforcing its organisation by bringing in experienced professionals into strategic roles, aimed at broadening capabilities and supporting its long-term diversification strategy.Healthy Orderbook through Diversified MarketsThe Company’s order and tender books remain intact and healthy, underpinned by recurring orders from existing clients as well as new opportunities from a more diversified client base across multiple industries and regions.Deepening Engagement with Existing ClientsAlongside diversification, Genetec continues to strengthen partnerships with its existing clients. Recurring orders and new programme awards reflect the trust and confidence these clients place in Genetec’s execution capabilities and proven track record.Global Manufacturing Trends Creating TailwindsGlobal geopolitical shifts are leading manufacturers across industries to re-evaluate their production footprints and enhance operational resilience. This trend is fuelling greater demand for automation solutions that are flexible, cost-competitive, and consistently high in quality. With its Malaysia-based production model, strong international track record, deep technical know-how, and agile manufacturing capabilities, Genetec is well-positioned to support clients as they navigate and adapt to these evolving requirements.Positive Outlook for BESS PipelinesThe Battery Energy Storage System (BESS) segment continues to gain momentum, with Genetec executing projects across domestic and international markets, and seeing growing local interest in BESS solutions for peak shaving following the recent tariff revision.Chief Executive Officer and Co-founder of Genetec, Chin Kem Weng commented, “FY2025 was a year of investment and transition. We made deliberate strategic choices to strengthen our foundation, safeguard delivery timelines, and support new project scopes. While these factors impacted margins in the short term, they reinforce our capabilities and credibility as a trusted partner. We expect profitability to normalise as market stabilise and as we build on execution experience.”“At the same time, our pipelines remain healthy, supported by recurring orders from existing clients and new opportunities across diversified industries and regions. Our inclusion in both the conventional and Shariah FTSE4Good Bursa Malaysia indices reflects the strength of our governance and sustainability practices. As Genetec approaches our 30th year in business, we remain committed to creating long-term value for clients, shareholders, and stakeholders.”About Genetec Technology BerhadGenetec Technology Berhad is a public listed company on the Main Market of Bursa Malaysia Securities Berhad (Stock code: 0104) and a global leader in providing customised, turnkey smart factory automation solutions. With a strong international footprint, it serves a diverse range of industries including electric vehicle (EV), e-mobility and energy storage, automotive, hard disk drives (HDD), consumer electronics, appliances, and pharmaceuticals.For more information please visit: https://genetec.net/.Issued on behalf of Genetec Technology Berhad by Narro CommunicationsFor media enquiries on Genetec Technology Berhad, please contact:Farah Shahrul Narro Communications E: farah@narrocomms.com Joyce ShaminiNarro CommunicationsE: joyce@narrocomms.com Copyright 2025 ACN Newswire via SeaPRwire.com.
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Hua Medicine Announces 2025 Interim Results ACN Newswire

Hua Medicine Announces 2025 Interim Results

Ogos 29, 2025
SHANGHAI, Aug 28, 2025 - (ACN Newswire via SeaPRwire.com) - Hua Medicine (the “Company”, HKEx: 2552) announced the unaudited consolidated results of the Company and its subsidiaries for the six months ended June 30, 2025 (the “Reporting Period”), as well as the Company's business progress during the first half of the year and future outlook. During the Reporting Period, the commercialization of the Company's core product, HuaTangNing (dorzagliatin tablets), accelerated. The Company’s independent operational capabilities improved significantly. R&D progress advanced smoothly and the Company’s financial performance achieved breakthrough growth, laying a solid foundation for long-term sustainable development.Sales of HuaTangNing increased by 108% year-on-year, with net sales increasing by 112% year-on-year. Reimbursement coverage continued to expand, with a significant increase in prescription volumes across Tier 2 and Tier 3 hospitals, as our comprehensive commercialization strategy achieved significant results.Following the termination of the exclusive promotion service agreement with Bayer, the Company recognized a one-time release of previously deferred income of RMB 1,243.5 million, achieving a profit of RMB 1,183.9 million for the first half of the year. This is the Company's first profit during the performance period.A real-world study (BLOOM) involving 80 centers and 2,000 patients with Type 2 diabetes conducted in China further demonstrated the broad applicability and safety of dorzagliatin.A registration application has been submitted in Hong Kong for Dorzagliatin 75mg (brand name: MYHOMSIS®), aiming to extend its presence across Greater China and Southeast Asia.Gross profit margin improved significantly, as production scale and operational efficiency continued to be optimized.“The first half of 2025 was a critical stage in Hua Medicine’s transformation and development. Following the full takeover of the commercialization of HuaTangNing, the Company achieved double-digit growth in sales and revenue through its independently established sales team, thereby validating the effectiveness of the new business model. We have also submitted a new drug application in Hong Kong, China, laying the foundation for dorzagliatin to expand from China to Southeast Asia and the global market,” said Dr. Li Chen, founder and CEO of Hua Medicin “Dorzagliatin has continued to demonstrate broad therapeutic potential in real-world studies, and new evidence has been found in basic research regarding diabetes remission, cognitive improvement, lipid improvement, and muscle gain, further consolidating Hua Medicine’s global leadership in GKA research and development and treatment. In the future, Hua Medicine will continue to focus on diabetes and the entire field of metabolic diseases, driving innovation through research and development and market expansion to bring the benefits of China's original innovative drugs to more patients worldwide.” Business Highlights and Operational ProgressCommercialization transformation achieved remarkable results, with doubling of sales and profits.Effective from January 1, 2025, the Company terminated its exclusive promotion service agreement with Bayer and fully took over the commercialization of HuaTangNing (å''å ‚å®'®) in China. During the Reporting Period, with unit prices remaining consistent with the same period in 2024, sales of HuaTangNing reached 1,764,000 packs, a year-on-year increase of 108%. Net sales reached RMB217.4 million, a year-on-year increase of 112%. Leveraging strong commercial execution and continuously improving operational efficiency, the Company is moving toward profitability. Hua Medicine has successfully transitioned to a fully independent commercialization phase, confirming growing market demand and the efficient execution capabilities of its independent sales team.Sales of HuaTangNing continued to benefit from its inclusion in China’s National Reimbursement Drug List (NRDL), which took effect in January 2024. Reimbursement coverage under the NRDL has significantly increased accessibility, especially in Tier 2 and Tier 3 hospitals, and played a critical role in accelerating patient adoption.Due to expanded production scale and improved cost efficiency, the Company's gross profit margin increased to 54.2%, higher than 46.5% in the same period last year.With sales revenue growing 112% year-on-year, the Company's sales expenses during the Reporting Period were RMB64.2 million for the six months ended June 30, 2025, growing only 5% compared to the same period last year. The composition of our selling expenses for the six months ended June 30, 2025 changed significantly from the same period in 2024 due to the Company incurring selling expenses directly as a result of assuming sole commercialization responsibilities for HuaTangNing in China, while no longer owing promotion expenses to the former commercialization partner. These figures also reflect a significant positive trend towards profitability and demonstrate our business strategy of optimizing profitability by controlling commercialization sales expenses of HuaTangNing and maximizing production efficiency, where our selling expenses in the first half of 2025 represent approximately 29.5% of total revenue whereas in the first half of 2024, our selling expenses represented approximately 59.5% of total revenue. After terminating the exclusive promotion service agreement with Bayer, the Company recognized a one-time release of previously deferred income of RMB1,243.5 million and transitioned to self-driven growth. Hua Medicine achieved a pre-tax profit of RMB 1,183.9 million for the first half of the year, marking a key milestone of Hua Medicine towards sustainable profitability.As of June 30, 2025, the cash balance was RMB1,022.8 million, laying a solid foundation for the Company's future R&D and commercialization initiatives.Clinical research continues to deepen, with new evidence supporting treatment potentialHua Medicine is conducting multiple post-marketing studies to evaluate the long-term safety and effectiveness of dorzagliatin across diverse patient populations, both in monotherapy as well as in combination with other popular approved anti-diabetic drugs, such as GLP-1 receptor agonists, insulin, DPP-IV inhibitors and SGLT-2 inhibitors. These studies are generating new clinical insights into glucose control, cognitive outcomes, and potential for diabetes remission.A real-world study (BLOOM) is being conducted in 2,000 patients with Type 2 diabetes across 80 centers in China. BLOOM has already completed one-year follow-up in over 1,000 participants. In the real-world setting, BLOOM further demonstrates the broad applicability and safety of dorzagliatin. Patients receiving dorzagliatin in routine clinical practice present with a heterogeneous mix of comorbidities, including various cardiovascular and renal disorders and are managed with multiple concomitant medications. In addition to metformin, more than 60% of patients concurrently used SGLT-2 inhibitors, insulin, GLP-1 receptor agonists, or DPP-IV inhibitors and other anti-diabetic drugs with dorzagliatin. In monotherapy or in combination with the popular above-mentioned anti-diabetic drugs, dorzagliatin was generally well tolerated, and its safety profile remained consistent with previously established data.Hua Medicine presented new data at the 2025 American Diabetes Association (ADA) conference, reinforcing dorzagliatin’s potential as a disease-modifying therapy. Insights into the novel mechanism of action (MOA) of dorzagliatin as a therapeutic GKA were published in Diabetes.Research and Development Pipeline and Future OutlookThe company filed its application for registration of dorzagliatin 75mg in Hong Kong as MYHOMSIS®, aiming to extend its presence across Greater China and southeast Asia.We are continuing expansion on our product pipeline through development of fixed dose combination of metformin and dorzagliatin for patients who have failed to control blood glucose levels while using high dose metformin (daily dose>1500 mg). In the loose dose combination study-DAWN Trial, dorzagliatin add-on to metformin provided HbA1c reduction of greater than 1% and post meal glucose reduction of greater than 5 mmol/L. These desirable glycemic control levels coupled with a very safe 0.8% hypoglycemic rate would suggest strong potential demand for a branded oral anti-diabetic medication using a convenient fixed dose combination of dorzagliatin and metformin. The Pre-IND submission has been achieved in August 2025, and we are expected to initiate the bioequivalence study in early 2026.We are also advancing the combination of dorzagliatin with GLP-1RA, SGLT-2 inhibitors, insulin and DPP-IV inhibitors through combined effects in collecting real world evidence and proof of concept studies in animal models. The synergy between dorzagliatin with these agents has the potential to expand our indications into other diseases in metabolic disorders, such as obesity and MASH.We continue to enhance our collaborations with leading international research institutions. A Phase I investigator-initiated trial supported by the Group and conducted at the University of Pennsylvania – designed to evaluate the efficacy and safety of dorzagliatin in patients with cystic fibrosis-related diabetes (CFRD) – has received clearance from the U.S. FDA.We will continue our engagement in diabetes prevention, opportunities in metabolic disorder related neurodegeneration disease and eventually find a new way to increase healthy life span and longevity in humans.We continue to invest in digital technology platforms to create synergies across functions and enhance branding opportunities using AI technology.As illustrated in our product pipeline chart, we will continue to advance our R&D efforts for both dorzagliatin and our 2nd generation GKA on our own as well as in collaboration with academic and strategic partners. We are working on the registration of dorzagliatin in Hong Kong and continue to seek partnerships in Southeast Asia and Belt and Road nations. In addition, we will continue our business development efforts on our 2nd generation GKA for the global markets based on the initial success of the Phase 1 single-ascending dose study in the United States and the initiation of our Phase 1 multiple ascending dose study planned for late 2025 or early 2026.Financial SummaryAs of June 30, 2025- Bank balances and cash amounted to approximately RMB 1,022.8 million.- Total revenue was approximately RMB217.4 million, representing a year-on-year increase of 112%. Sales of HuaTangNing (å''å ‚å®'®) reached 1,764,000 packs, representing a year-on-year increase of 108%.- Total gross profit was approximately RMB117.8 million, representing a year-on-year increase of 147%. Gross margin was approximately 54.2%, increased by approximately 7.7 percentage points, as compared with the six months ended June 30, 2024.- Total other income amounted to approximately RMB1,254.6 million , of which Bayer's one-time release of previously deferred income was RMB1,243,5 million.- Total expenditures were approximately RMB187.1 million, of which research and development expenditure was approximately RMB65.8 million.- Profit before tax was approximately RMB1,183.9 million, representing approximately 932% for the six months ended June 30, 2025Forward-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.comInvestors E-mail: ir@huamedicine.comMedia E-mail: pr@huamedicine.comPress DisclaimerFor accuracy and completeness in context, information related to products marketed in China in this material, especially those identified or required, should comply with documents approved by Chinese regulatory authorities.Additionally, such information should not be interpreted as a recommendation or promotion of any drug or treatment, nor should it replace medical advice from healthcare professionals. For medical-related matters, please consult a healthcare professional. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Shoucheng and IAT Join Forces to Drive ‘Robotics + Automobiles’ ACN Newswire

Shoucheng and IAT Join Forces to Drive ‘Robotics + Automobiles’

Ogos 29, 2025
HONG KONG, Aug 28, 2025 - (ACN Newswire via SeaPRwire.com) - Shoucheng Holdings Limited (0697.HK, hereinafter referred to as “Shoucheng Holdings”), Beijing Shoucheng Robotics Technology Industry Co., Ltd. (hereinafter referred to as “Shoucheng Robotics”), IAT Automobile Technology Co., Ltd. (300825.SZ, hereinafter referred to as “IAT”), and Beijing IATROBOT Technology Co., Ltd. (hereinafter referred to as “IATROBOT”) officially signed a strategic cooperation framework agreement.The four parties will leverage their respective strengths to carry out comprehensive cooperation in technological innovation, application deployment, industry chain collaboration, and talent cultivation within the robotics sector, jointly accelerating the development of new business models in the “Robotics + Automobiles” field.I. Industry Background: Robotics Entering the Acceleration Phase of Application DeploymentAt present, the global robotics industry is in a stage of rapid development, with national strategies and policies being introduced intensively. On August 26, the State Council officially released the Opinions of the State Council on Deeply Implementing the “AI+” Initiative (Guo Fa [2025] No. 11), which explicitly calls for promoting the extensive and in-depth integration of artificial intelligence with various industries and fields across the economy and society, and accelerating the formation of new models of intelligent economy and intelligent society characterized by human-machine collaboration, cross-industry integration, and co-creation.Under this national strategy, the robotics industry is shifting from “technological breakthroughs” to “application deployment.” Automobiles and robotics, as two highly complementary industries, are increasingly showing a trend of cross-sector integration. The cooperation between Shoucheng Holdings and IAT Group, under the dual drivers of favorable policy and strong market demand, will inject new momentum into robotics applications across key segments such as R&D, manufacturing, transportation, and mobility services.IAT is a leading enterprise in China’s automotive design field and the only independent automotive design company listed on the A-share market. The company provides full-process services ranging from complete vehicle R&D and design to core component manufacturing, while pursuing a globalization strategy of “technology + supply chain.” According to public information, IAT has served more than 80 clients and participated in the development of nearly 500 vehicle models. Its clients include major OEMs such as FAW, Dongfeng, BAIC, Geely, emerging EV brands, as well as joint-venture automakers. This highlights IAT’s strong OEM resources and delivery capabilities across the automotive value chain.At the same time, through its subsidiary — Beijing IATROBOT Technology Co., Ltd. — IAT has officially entered the robotics sector. IATROBOT is dedicated to building an integrated R&D, design, and simulation training platform, capable of supporting multi-scenario robotics development from simulation and testing to optimization. The company has already launched multiple R&D projects, including wheeled robots, underwater robots, drilling robots, and pet-care robots, demonstrating its potential in cross-scenario development and industry collaboration. The involvement of IATROBOT expands the scope of this cooperation beyond traditional automotive design, providing important support for the integration of robotics R&D, simulation, and automotive industrialization.By partnering with IAT and IATROBOT, Shoucheng will be able to embed robotics technologies deeply into the core stages of the automotive value chain, such as vehicle manufacturing, intelligent assembly, and production line testing. This will enable robots to truly enter the production line and accelerate industrial adoption. This strategic cooperation is not merely a technological connection — it leverages IAT’s extensive OEM client network to move robotics scenarios from “next-door demonstrations” directly into the “factory workshop,” bridging the crucial pathway between R&D validation and scaled industrial delivery.II. Key Areas of Cooperation: Balancing R&D Breakthroughs and Application DeploymentGuided by the State Council’s “AI+” Initiative, the four parties will anchor their collaboration on the full chain of “technology R&D — industrial application — ecosystem co-construction,” working together to drive industrial innovation. The cooperation will focus on the following areas to promote the deep integration of robotics and automobiles:(1) Technological Innovation and Joint R&DThe four parties will jointly build an integrated robotics R&D and simulation platform, drawing on the comprehensive R&D system of the automotive industry. The focus will be on achieving breakthroughs in key areas such as motion control, structural optimization, automotive-grade components, and large-scale manufacturing. Leveraging NVIDIA Isaac/Omniverse technology, the parties will co-develop an integrated simulation training platform that not only supports simulation of robotics applications in automotive R&D, manufacturing, and testing, but also enables cross-scenario simulations such as collaborative operations between autonomous driving vehicles and logistics robots.In addition, a mechanism for data and outcome sharing will be established: Shoucheng Holdings will provide operational data resources from transportation and mobility scenarios, while IAT will contribute expertise in automotive engineering and robotics R&D, together forming a complete closed loop spanning simulation — R&D — validation — production line application.(2) Priority Procurement and Synergy MechanismAcross R&D design, simulation training, complete machine and component supply, the four parties will adopt a priority procurement mechanism, under which signatories will be given preference as partners under equivalent conditions. Shoucheng Holdings and Shoucheng Robotics will focus on product promotion, distribution, and supporting services, while IAT and IATROBOT will concentrate on technology R&D, engineering validation, and customized whole-machine development.The parties will also work together to advance secondary development of robotic systems, ensuring optimal adaptation of robotics products to scenarios such as automotive production lines, intelligent assembly, and line testing. Through division of labor and collaborative mechanisms, a complementary cycle of product supply — technological innovation — application feedback will be established, accelerating the conversion of results and enhancing commercialization efficiency.(3) Talent DevelopmentLeveraging the research and industrial platforms of Shoucheng, IAT, and their partners, the four parties will jointly carry out technological problem-solving, simulation training, and application pilots, providing researchers and engineers with cross-industry, cross-scenario practical environments. Regular technical seminars and industry forums will be held, inviting experts and upstream and downstream enterprises to participate, thereby establishing a joint talent development mechanism. This initiative aims to cultivate a new generation of young researchers with both automotive engineering backgrounds and practical experience in robotics industrialization, laying a solid talent foundation for long-term growth.(4) Expanding Development HorizonsThe four parties will closely align with national strategies for “AI+” and robotics industry development, with a focus on scaling up “Robotics + Automobiles” applications in R&D, manufacturing, testing, and mobility services. Building on this foundation, the cooperation will gradually extend into broader fields such as smart transportation, intelligent manufacturing, healthcare, education, and public services, covering the design, R&D, production, testing, and commercialization of robots and core components. At the same time, by integrating capital and industry, the parties will drive coordinated upgrades across the value chain, ultimately forming a full-cycle closed loop from R&D validation to large-scale application. This will create a demonstrative “Robotics + Automobiles” application matrix, achieving mutual benefits and long-term value creation.III. Strategic Significance: Establishing a New Benchmark for Robotics ApplicationsThe greatest value of the robotics industry lies in real-world applications, and “Robotics + Automobiles” stands out as one of the most promising and high-potential application directions. From complete vehicle R&D to intelligent manufacturing, from traffic scheduling to smart mobility, robots will create tremendous value across the entire automotive value chain.Shoucheng Holdings, leveraging its capital platform, ecosystem resources, and industrial fund advantages, has invested in leading domestic enterprises such as Unitree Robotics, Galbot, Noetix Robotics, Galaxea-AI, and Booster Robotics, equipping it with the capability to integrate frontier technologies. Shoucheng Robotics has established collaborations with hundreds of high-quality upstream and downstream enterprises, making it one of the most comprehensive resource-linking platforms in China. IAT and IATROBOT, in turn, bring mature automotive engineering systems into robotics R&D and industrialization. Together, the combined strengths of both sides will form a complete pathway of “R&D — iteration — application — scale-up.”By joining forces with IAT, Shoucheng will further integrate its scenario resources and industrial ecosystem with IAT’s expertise in vehicle R&D, engineering capabilities, and industrialization experience. Over the next one to two years, the cooperation will focus on the deep integration of “Robotics + Automobiles,” taking the lead in demonstrating large-scale applications across vehicle R&D, production and manufacturing, smart transportation, and mobility services. This will accelerate the transition of robotics from laboratories to industrialization and large-scale deployment, creating a demonstrative “Robotics + Automobiles” application matrix. At the same time, the cooperation will also look to the international market, bringing Chinese solutions to the global stage, fostering new quality productivity, and generating long-term value for shareholders.Posted by All Way Success Company Limited for Shoucheng Holdings www.shouchengholdings.com [HKSE:0697, FRA:SHVA, OTCPK:SHNHF] Copyright 2025 ACN Newswire via SeaPRwire.com.
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DPC Dash-Domino’s Pizza China Delivers Strong 2025 First-Half Performance

Ogos 29, 2025
HONG KONG, Aug 29, 2025 - (ACN Newswire via SeaPRwire.com) - As Western fast food gains increasing acceptance among local consumers, China's Western quick-service restaurant (QSR) market continues its rapid expansion.DPC Dash Ltd - Domino’s Pizza China (1405.HK), Domino's Pizza's exclusive master franchisee in the China Mainland, the Hong Kong Special Administrative Region of China, and the Macau Special Administrative Region of China, recently reported its first-half 2025 results. The company has distinguished itself in China's intensely competitive Western fast-food landscape, setting a new benchmark for strong performance while maintaining operational efficiency and strengthening market competitiveness.Strong Financial Performance Reflects Multiple Competitive AdvantagesAccording to Frost & Sullivan, DPC Dash became China's second-largest pizza brand by 2024 sales revenue. The company has not rested on its laurels, with 2025 first-half results demonstrating exceptional performance across multiple metrics, achieving historical highs while sustaining growth momentum. Revenue has maintained double-digit growth for consecutive years, reaching RMB2.59 billion, up 27.0% year-over-year. After achieving its first full-year positive reported and adjusted net profit in 2024, the company posted dramatic net profit growth of 504.4% in the first half of 2025 to RMB65.92 million, while adjusted net profit surged 79.6% to RMB91.42 million. The simultaneous achievement of revenue growth and profit expansion amid market volatility underscores the company's growth resilience.DPC Dash has rapidly expanded its store network in recent years. Since the current management team began its tenure in the third quarter of 2017, the company has effectively implemented its "go-deeper, go-broader" store expansion strategy, growing from approximately 100 stores to 1,198 stores across 48 mainland Chinese cities. Since entering the Central and Western China market in December 2022, the company has established 100 stores within just two and a half years. DPC Dash’s expansion strategy emphasizes quality over speed. The company has established rigorous site evaluation standards to ensure each new location meets the fundamentals required for long-term profitability, a disciplined approach that has maintained its store closure rate well below industry benchmarks. Store quality is reflected not merely in quantity but in sales performance that leads the global Domino's system. New market entries have been enthusiastically received by local consumers, with long queues frequently observed at newly opened Domino’s Pizza stores. The first store in Shenyang broke the previous annual sales record of over RMB 31 million set by the Xiamen SM Phase III store within just 198 days of operation. In August 2025, the first Handan store shattered global Domino's first-day sales records with over RMB540,000 in sales and more than 6,000 orders. DPC Dash currently occupies 48 of the top 50 positions for first 30-day sales among the Domino's network of over 21,500 stores worldwide. DPC Dash has demonstrated remarkable business resilience. Even under the twin pressures of new store openings and market volatility, the company achieved positive same-store sales growth (SSSG), when adjusting for the impact of high-performing stores entering their SSSG cycles, a testament to its superior operational discipline.The SIAL "2025 Pizza New Innovation White Paper" identifies surging demand for delivery as a primary driver of robust growth in China's pizza market. In 2022, China's online pizza market share surpassed in-store sales for the first time, reaching 58.1%, with online market share expected to continue rising in the coming years. DPC Dash has been providing reliable delivery services for years, offering a "30-minute delivery guarantee with free pizza vouchers for late deliveries” service commitment, achieving 94% overall on-time delivery rates during the first half of 2025, which establishes a foundation for future online market expansion.Multi-Pronged Strengths in Product and Operations Deepen Consumer ExperienceLeveraging Domino's global brand assets and local supply chain management capabilities, DPC Dash has progressively achieved operational efficiency while providing consumers with delicious pizza at value and diverse dining experiences.In the QSR industry, taste represents one of the primary competitive advantages. DPC Dash maintains classic, bestselling Domino’s products on its menu while preserving pricing consistency over the years, ensuring consumers receive familiar tastes and experiences even after an extended period since their last visit, creating strong brand familiarity and consumer trust. Meanwhile, DPC Dash continuously embraces new trends and product innovation, actively exploring flavor and ingredient combinations while introducing crust diversification. In the first half of 2025, the company further enriched its popular durian pizza and volcano crust offerings, introducing Dubai Chocolate Musang King Durian Pizza and Cocoa Volcano Crust, among others, while adding new combinations including Tuscany-Inspired Cheese Salmon Pizza and Stuffed Crust (Cocoa & Cheese). DPC Dash offers industry-leading crust selections, paired with a highly customizable WeChat Mini-Program ordering system that enables over 400 combinations. This not only delivers customers the joy of culinary exploration but also precisely addresses personal taste preferences, demonstrating deep category expertise and nuanced consumer insights.Affordable Western fast-food brands are now accelerating market penetration, reaching more lower-tier market consumption scenarios. The SIAL "2025 Pizza New Innovation White Paper" projects that an estimated 15,000 new stores will be expected to open in China’s lower-tier markets between 2025 and 2027. Building on product diversification, DPC Dash’s pricing strategy maintains competitive advantages. The menu remains streamlined and maintains value, classic, and indulgent categories to serve different customer segments. For sales channels, DPC Dash leverages third-party delivery platforms for limited-time and selective sales offerings to preserve its pricing advantage. The company also builds the membership ecosystem through multiple channels, offering free pizzas and snacks through mini-games and providing substantial value through up to 10% points redemption rates, while incorporating gamification elements like points lotteries and membership rewards to enhance member engagement.To better reach younger consumers, DPC Dash has actively enhanced its promotional approach. Brand marketing has diversified toward cross-industry collaborations and social media platform branding. DPC Dash has cultivated strategic IP collaborations with Tencent's video game Ash Echoes and Hello Kitty last year and NetEase's video game Egg Party and Snoopy this year, covering gaming and cultural IP beloved by young consumers, speaking directly to Gen Z culture and values, strengthening emotional connections and establishing cultural resonance beyond transactions. DPC Dash also launched on Douyin and other short video and live streaming platforms last year, expanding its reach through social media, strengthening and reinforcing its youthful, digital brand image.In the first half of 2025, DPC Dash’s loyalty program accumulated 30.1 million members, representing 55.2% year-over-year growth as one of the most impressive strategic achievements of the half-year performance. Revenue contributed by loyalty members as a percentage of total revenue increased from 63.6% to 66%, with both membership scale and stickiness rising, expanding the user base while deepening engagement and loyalty. The consumer base has become more diverse, bringing delicious pizza to more consumers.Long-term Potential Through Balanced GrowthDPC Dash’s first-half performance demonstrates a rare balance of healthy growth and profitability, with the brand continuing to build sustainable competitive advantages that establish a solid foundation for maintaining growth and capturing market share even amidst an ever-changing consumption environment.Through delicious, high-value offerings, efficient deliveries, and trusted brand strength alongside solid operational foundations, DPC Dash has distinguished itself in the rapidly expanding Western QSR sector.While scaling operations continuously, the company has maintained an unwavering focus on store-level model health and operational efficiency, underpinning steady improvements in overall profitability metrics. This development model, which combines explosive growth with resilience, positions DPC Dash as a compelling long-term growth story in the Western QSR industry, demonstrating substantial potential to weather cycles and create sustained value. Copyright 2025 ACN Newswire via SeaPRwire.com.
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China Everbright Limited Announces 2025 Interim Results ACN Newswire

China Everbright Limited Announces 2025 Interim Results

Ogos 29, 2025
HONG KONG, Aug 29, 2025 - (ACN Newswire via SeaPRwire.com) - China Everbright Limited ("CEL" or "the Company", stock code: 165.HK) announced its Interim results for the six months ended 30 June 2025 ("the reporting period").Highlights of the 2025 Interim Results- Strong Growth: Total income reached HK$2,068 million, representing a significant increase compared with the same period last year;- Turning Around from Loss to Profit: During the reporting period, the Company recorded a profit of HK$650 million, of which the net profit attributable to shareholders of the Company was HK$399 million, successfully turning around from a net loss;- Fundraising Increase: The total assets under management (AUM) of CEL's funds amounted to approximately HK$119.4 billion, with new fundraising amounting to approximately HK$2,741 million;- Successful Exits: The total exits from funds and principal investments amounted to HK$2.018 billionï¼›with a MOIC (multiple on invested capital) of approximately 2.78 times;- Cost Control and Efficiency Enhancement: Enhanced lean management led to a 10% year-on-year decrease in operating costs and a 38% year-on-year reduction in finance costs;- Adequate Liquidity: The Company had cash and cash equivalents of approximately HK$8.1 billion;- Steady Dividend: An interim dividend of HK$0.05 per share for 2025.In the first half of 2025, China's private equity industry entered a more stable stage of development. Leveraging its strengths as patient capital, CEL maintained strategic focus, seized market opportunities with precision, and promptly adjusted its fundraising, investment, management, and exit strategies. By consolidating its core businesses, gradually unlocking value potential, and significantly improving overall operational efficiency, the Company achieved a strong rebound in performance.During the reporting period, CEL realised total income of HK$2,068 million, representing a significant increase of HK$2,182 million from the same period last year. This was mainly due to a significant increase in investment income, which fully demonstrated the Company's sound investment vision and solid foundation in long-term investing. The Company recorded a profit of HK$650 million, of which the net profit attributable to shareholders of the Company amounted to HK$399 million, successfully turning around from a net loss attributable to shareholders of HK$1,282 million in the same period last year, representing a significant improvement in performance.Meanwhile, the Company continued to strengthen its refined management, sustaining healthy and steady business development. During the reporting period, operating costs represented a year-on-year decrease of 10%, with proactive leverage reduction measures implemented. The gearing ratio decreased by 2% compared with the end of 2024, while finance costs fell 38% year-on-year, demonstrating significant results in cost control and efficiency improvement. As at the end of June 2025, the Company had cash and cash equivalents of approximately HK$8.1 billion, representing sufficient liquidity.By concentrating its resources and business focus on high-potential products, the Company further reinforced its core business. During the reporting period, with new fundraising amounting to approximately HK$2,741 million, the total AUM of CEL’s funds amounted to approximately HK$119.4 billion, managing 72 fund products and covering primary market funds, secondary market funds, and fund of funds. During the reporting period, the Company invested in a total of 9 projects and exited, fully or partially, from 46 project.Following the practice of sharing the Company's operating results with shareholders, the Board declared interim dividend of HK$0.05 per share for 2025 (2024 interim dividend: HK$0.05 per share).Business Highlights in the First Half of 2025Firstly, CEL Harnessed the Strengths of Group-Based Operations to Enhance Fundraising SynergyIn the first half of 2025, the Company successfully launched the Huaian Hongze Guangqi Fund and the Xiamen Marine High-Tech Industrial Development Fund, with a total scale of RMB2.5 billion. The Huaian Fund targets growth-stage projects in the areas of new energy, new materials, and intelligent manufacturing, with its first round of capital contribution completed in the first half of the year. The Xiamen Marine Fund is dedicated to incubating and transforming scientific and technological innovations in the marine sector, driving the high-quality development of the marine economy. At the same time, several other funds have been approved and are progressing smoothly, following the established plan.Secondly, CEL Strengthened Core Businesses to Drive Robust Recovery in PerformanceDuring the reporting period, the Company total exits from funds and principal investments amounted to HK$2.018 billion. This include the full exit from Xpeng Motors, DAPU Telecom, and Taboola, alongside partial exit from iSoftStone, Dekon Food and Agriculture, 4Paradigm, and other projects. With a MOIC (multiple on invested capital) of approximately 2.78 times, these exits significantly boosted the DPI of multiple funds, generating substantial returns for LPs. Several listed projects, including Circle, Dekon Food and Agriculture, and NetEase Cloud Music, delivered strong market performance in the first half of the year, making notable contribution to the Company's investment returns. In the first half of the year, secondary market funds expertly capitalised on structural opportunities, achieving impressive investment performance. Notably, the Everbright Convertible Bond Opportunity Fund ranked second among similar funds in Barclays' performance rankings.Thirdly, CEL Anchored Strategy Around Scientific and Technological Innovation, With a Particular Focus on Key Industry SectorsGuided by deep industrial insight and a forward-looking strategic vision, the Company accelerated its investment activity in the first half of the year. It targeted emerging strategic industries such as artificial intelligence, chips and semiconductors, and biomedicine, with a total investment of approximately HK$264 million by funds. We have nurtured and supported a number of technology leaders, including Yangtze Memory and Wuhan Xinxin (both prominent domestic memory chip producers), HengYi Biotech (a company engaged in the research and development of innovative drug for tumors and autoimmune diseases), J-Sensor (astrategic supplier of domestic industrial automation modules and core sensors for new energy vehicles), and Tec-Do (a service provider in the field of big data and BI), among others. These investments reflect our commitment to strengthening China’s science and technology enterprises. Meanwhile, CEL supported excellent sub-funds such as Jinyi Capital and Eastern Bell Capital through its FoF platforms. These FoF investments allow us to fully leverage the advantages of resource amplification, risk diversification, and diversified returns.Fourthly, CEL Optimise Business Management to Unlock Growth MomentumIn the first half of the year, the Company continued to optimise its financing structure and took full advantage of the domestic interest rate cut cycle, issuing RMB3 billion in the first tranche of its 2025 medium-term notes at a coupon rate of 2.09% per annum — the lowest coupon rate in the Company's bond issuance history. During the reporting period, the Company's overall financing cost declined by 133 basis points year-on-year to 3.14%, while its finance costs reduced by 38% year-on-year. Operating costs also recorded year-on-year decrease of 10%, underscoring the solid progress made in reducing costs and increasing efficiency. The Company continued to optimise its risk management framework. CEL advanced the classification of risk assets, reinforced dynamic valuation management, and established a risk monitoring and early warning system, thereby improving the effectiveness of risk prevention and control across the full business cycle.Fifthly, CLE Enhanced Public Services and Upgraded Commercial Consumption.CEL leveraged its industrial strengths to enhance the quality of its products and services, catering to the growing demand for consumer services among citizens. In the commercial consumption arena, EBA successfully launched 18 "IMIX Park" shopping centres across nine cities nationwide,managing approximately 2.6 million square metres in total. These centres created approximately 37,700 jobs, attracted approximately 121 million customer visits, and hosted more than 4,500 tenant merchants in the first half of 2025. During the reporting period, Phase I of the "Zhongguancun ART PARK IMIX Parks", a flagship consumption infrastructure and urban renewal project in Beijing, opened smoothly, significantly upgrading the consumer experience and giving a strong boost to domestic demand.Sixthly, Key Portfolio Companies Maintain Stable Growth with Strong ResilienceThe core business of China Aircraft Leasing Group Holdings Limited (CALC) progressed steadily with remarkable improvements in operating quality and efficiency. The net profit attributable to shareholders recorded a year-on-year increase. As of June 30, 2025, CALC’s fleet reached 181 aircraft, leased to 41 airlines across 22 countries and regions. Everbright Senior Healthcare has been seizing the development opportunities in China's healthcare industry. As of 30 June 2025, Everbright Senior Healthcare has 237 institutions of various types in 49 cities across the country, it managed more than 30,000 beds, with occupancy rates increasing by 1.77%. Meanwhile, Terminus continued to deepen the integration of AI technology across multiple industries, driving intelligent transformation and implementing localised AI applications and digital-intelligent solutions, while receiving multiple authoritative certifications.Seventhly, CEL Strengthened ESG Framework to Promote Sustainable DevelopmentDuring the reporting period, CEL continued to promote the construction of its ESG system. the Company maintained an "A" rating in the MSCI ESG Rating and received the "BEST ESG (S)" award from the Hong Kong Investor Relations Association (HKIRA). The Company earnestly fulfilled its role as a corporate citizen by leveraging its own capabilities, organizing and participating in 46 cultural and social welfare activities in the first half of the year, serving over ten thousand people, and upholding high standards in discharging its social responsibilities.In the first half of 2025, under the strong leadership of the Everbright Group, the guidance of the Board of Directors, and the collective efforts of all employees, the Company achieved significant improvements in operational efficiency and quality, with new drivers of growth continuing to strengthen, resulting in hard-won achievements. As China's economy continues to improve and policy support intensifies, the Chinese private equity industry will embark on a new journey of high-quality development. CEL will seize market opportunities, capitalise on the momentum, and lay a solid foundation for a strong start to the 15th Five-Year Plan. In the second half of the year, CEL will continue to adhere to the overall principle of seeking progress while maintaining stability, continue to focus on revenue growth and cost control, optimise operational management, seize opportunities in key business areas such as fundraising, investment, management, and exit, leverage the cross-border platform and the synergistic advantages of the group, cultivate long-term patient capital, and advance the "five major financial initiatives", through scientific strategic planning, professional investment teams, and rigorous risk management, and continuously create value for shareholders.China Everbright Limited, https://www.everbright.com/en [SHSE:601818][HKEX:00165][OTCPK:CEVIF][OTCPK:CEVIY] Copyright 2025 ACN Newswire via SeaPRwire.com.
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Tianneng Power (00819.HK) Main Business Resilient in the First Half of 2025 ACN Newswire

Tianneng Power (00819.HK) Main Business Resilient in the First Half of 2025

Ogos 28, 2025
HONG KONG, Aug 29, 2025 - (ACN Newswire via SeaPRwire.com) - Tianneng Power International Limited (the “Company”, together with its subsidiaries, collectively referred to as the “Group” or “Tianneng”), (Stock Code: 00819.HK) releases its interim report for the six-month period ended 30 June 2025.In the first half of 2025, adhering to the Group’s vision of Strategic Guidance and Reformation Breakthrough, Tianneng coordinated the three-wheeled strategy of Industry, Technology, and Capital. While solidifying the core competency of the lead-acid battery business, the Group also accelerated the expansion of overseas markets, released the Group’s built-up potential in new-energy battery, deepened the vertical construction of the battery recycle system, and drove the diversification of products and sustainability.Within the reporting period, the Group made a strategic pivot to reduce the trade business, achieved RMB 21.168 billion in revenue for the manufacturing business, which was stable compared to the same period in 2024, accounting for approximately 87.5% of the total revenue within the sector. In terms of the trade business, the Group realized an overall revenue of RMB 30.24 billion, which represented an 89.47% decrease from the same period of 2024. Within The manufacturing sector, the high-end eco-friendly battery business remained stable, providing a resilient financial support for the Group. The emerging businesses experienced significant growth, among which the Li-ion battery business achieved a revenue of RMB 0.501 billion, representing a 174.58% growth from the same period of 2024. Within the reporting period, the Group achieved a gross profit of RMB 2.537 billion, which is stable compared to the same period of 2024. In terms of operating cash flow, the Group achieved RMB 0.891 billion of net inflow, compared to a net outflow of RMB 0.162 billion in the same period of last year. Overall, in the first half of 2025, Tianneng demonstrated strong resilience, developmental momentum, and strategic commitment in a complex external environment.Internationalisation Accelerated, Overseas Expansion Bore FruitsInternational expansion is a vital fulcrum of the Group in strengthening global competitiveness and achieving incremental leaps. In the first half of 2025, the overseas business experienced remarkable growth with continuous positive feedback, achieving a revenue of RMB 0.226 billion, representing a 75.39% growth from the same period of 2024.Within the reporting period, guided by local demands, the Group accelerated its overseas expansion with global industrial resources, and set up operational teams in countries such as Thailand, Vietnam, and Turkey while developing a sales network in major areas including the Asia-Pacific, Europe, North America, the Middle-East and Africa. In addition, the Group’s production base in Vietnam is being constructed in an orderly manner while the capacity of the assembly base is robustly released, laying the groundwork for future developments in the region. The Group has developed customised products based on specific local demands and emphasised building localised operational teams, while advancing its “Overseas Service” strategy, and systematically constructed localised standards. With these developments, the Group was able to optimise its global supply chain and release future growth potentials.Core Business Stable and Resilient, with Promising Growth MomentumWithin the reporting period, the Group pursued a path of “Stability and Growth Duality” under a complex external environment and industrial structure re-balancing. The high-end eco-friendly battery business demonstrated resilience, achieving a revenue of RMB 18.292 billion, providing the vital financial stability for the Group. The high-end eco-friendly batteries are sealed, maintenance-less lead-acid batteries built with the Group’s innovation in design and manufacturing, highly adapting to the demands of the light electric vehicle market, with their cost and performance superiority, are also widely utilised in various fields, including backup power supplies, automobile batteries, and special-purpose industrial power batteries.The Group solidified its competencies in the core business, upgraded its intelligent manufacturing capabilities, improved the operational management system, consolidated its sales network, drove product quality and comprehensive market competitiveness growth, and fortified the resilience of lead-acid batteries in a complex market environment. Within the reporting period, the Group was able to effectively upgrade its manufacturing efficiency and supply-chain resilience through utilising intelligent manufacturing systems and equipment technology upgrades, while demonstrating effective results in cost management. Through the evolution of battery technologies and product upgrades, the Group constructed a differentiated product matrix targeting major fields of usage such as light electric vehicles, data centres, automobile start-stop batteries, and industrial power batteries,driving a service system upgrade with user value at its core, and organically merged the traditional sales network with an innovative digital ecosystem.Solidifying the Diversity of Technological Road-maps and Accelerating New Business Growth In the first half of 2025, the Group committed to the development of new-energy businesses, including Li-ion batteries, solid-state batteries, hydrogen fuel cells, and sodium-ion batteries, and systematically drove innovative breakthroughs, intelligent manufacturing upgrades, user-scenario extensions, and fostered new business growth. The Group’s Li-ion batteries business mainly targets power storage and low-speed power. Within the reporting period, the Group’s power storage and low-speed power business achieved major improvements both in terms of quality and quantity. Specific markets, such as industrial batteries and automobile A/C batteries, also saw improvements in market volume. Overall, the capacity utilisation of the Group’s new-energy business was significantly enhanced, with remarkable improvements in operational efficiency and revenue, RMB 0.501 billion, a 174.58% increase from the same period of 2024.The Group’s solid-state battery also achieved intermittent success within the three dimensions of high energy density, cycle longevity, and high-rate performance. The Group also formed strategic collaborations with industry leaders in the two-wheeled vehicle market and carried out solution testing with partners targeting the low-altitude flying vehicle market. The Group continued its investment in hydrogen fuel-cells with a full-chain R&D system and an expert team, with advanced products, began testing in user-scenarios such as two-wheeled vehicles, public transportation, heavy trucks, and special-purpose machinery, and collaborated with upstream and downstream partners in constructing an application ecosystem. The Group also spearheaded the development and application of sodium-ion battery technology, and conducted experiments for key metrics such as low-temperature and cycle longevity testing for scenarios such as power storage and automobile start-stop battery in a steady manner. Through the multi-roadmap approach, and the “technology breakthrough - user scenario verification - solution delivery” process, the Group’s new-energy business growth is gradually and steadily shifting from individual verification to chain-release, firmly supporting the business momentum.Strengthening the Recycling System and Fortifying Industrial CollaborationThe battery industry is at the core of the Group’s business, which systematically constructed a full-life industry chain of manufacturing, recycling, and reusing, forming a two-railed industry system of lead-acid battery and Li-ion battery, achieving efficient recycling. Within the reporting period, the recycling business of the Group achieved a revenue of RMB 1.8 billion, a 15.82% increase compared to the same period of 2024.As a leader in the recycling industry in China, the Group is continuously building an effective recycling network with front-end reach and back-end efficiency, promoting the efficiency of waste battery recycling empowered by the collaborative effort of businesses at scale, and achieving a top-of-industry recycling ratio of crucial materials. Within the reporting period, the Group continued to enhance the granularity and precision of the recycling process from recycling, processing, and reusing, improve the differentiating system for Li-ion battery recycling, and improve the resource synergies at core regions and user scenarios. Through uninterrupted exploration of technological potential and system performance optimisation, the Group was able to gradually achieve scale advantage and economic value of the recycling system, injecting continuous momentum for the industry.Looking forward, Tianneng will drive industrial upgrades through technological innovation, empower efficient operation through digitisation, rebuild the value-chain system through ecological collaboration, and seek growth through internationalisation. The Group will solidify its competencies in the lead-acid market, accelerate the research, application, and market expansion process of new energy batteries such as Li-ion battery and solid-state battery. The Group will strengthen its capabilities in battery recycling, enhance the collaborative efficiency of industry-chain integration while expediting its expansion into overseas markets and optimising localised operation, from product to service, and develop into a new-energy battery company that is competitive with a global vision. Finally, the Group will promote the convergence between its company values and social values with a growth mindset and build a new paradigm of sustainable and high-quality growth.About Tianneng Power International LimitedTianneng Power International Limited and its subsidiaries (collectively referred to as “Tianneng” or the “Company”), founded in 1986 and headquartered in China, has developed into a leading enterprise in the new energy battery and the light electric vehicle battery industry with a comprehensive manufacturing system and technological advantage. Tianneng was listed on the Main Board of The Stock Exchange of Hong Kong Limited (Stock Code: 00819. HK) in 2007. After nearly four decades of development, Tianneng has established lead-acid batteries as its core business, focusing on the market of motive batteries for light electric vehicles, while expanding its product in automotive start-stop systems, backup power for communication base stations and other diversified scenarios. The Company is also advancing the R&D, production and sales of lithium-ion batteries, hydrogen fuel cells, sodium-ion batteries and solid-state batteries, offering multi-technology battery solutions for special industrial vehicles, energy storage systems and other applications. Additionally, Tianneng strengthens its recycling economy initiatives around its core operations. Through a dual-track system for lead and lithium recycling, the Company achieves efficient resource regeneration and reuse, building a comprehensive ecosystem for the new energy industry. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Yunkang Group’s 2025 Interim Net Loss Narrows, Demonstrating Strong Operational Resilience ACN Newswire

Yunkang Group’s 2025 Interim Net Loss Narrows, Demonstrating Strong Operational Resilience

Ogos 28, 2025
HONG KONG, Aug 29, 2025 - (ACN Newswire via SeaPRwire.com) - Yunkang Group Limited ("Yunkang" or the "Group"; Stock Code: 2325), a leading medical operation services provider in China, has announced its interim results for the six months ended 30 June 2025 (the "Reporting Period"). The Group adopted “one horizontal, one vertical” as its core business strategy: horizontally, it extended a lean management system to advance multi-mode collaboration among medical institution alliances; vertically, it focused on specialty-specific innovation in medical diagnostics to fast-track the translation and implementation of new technologies and products. Meanwhile, the Group leveraged AI to enhance the comprehensive solutions for medical institution alliances, promoted the practical application of AI in healthcare scenarios, and continuously strengthened the value of empowering clinical practices, demonstrating strong operational resilience.In the first half of 2025, due to multiple factors, including the centralized drug-procurement program, cost controls of medical insurance, and fierce market competition, the Group’s short-term results did not meet expectations. However, the Group remained committed to product and business model innovation, and further refined the mechanisms and processes of its operational management. By adhering to lean operations, the overall performance has achieved significant improvements. During the Reporting Period, the Group’s gross profit margin reached approximately 34.0%, representing an improvement of approximately 4.4% over the overall gross profit margin for 2024. The net loss amounted to RMB55.4 million, a significant decrease of 56.1% compared to the same period last year. The joint construction business remained the Group’s largest business segment, which recorded the revenue of RMB180.3 million, accounting for 57.6% of the total revenue, increased by approximately 9.6% as compared with the same period last year, achieving significant outcomes in empowering medical alliance clients through in-depth services, paving the way for the Group’s long-term high-quality growth. During the Reporting Period, the Group’s diagnostic testing services recorded revenue of RMB313.2 millionSteadily implementing “one horizontal, one vertical” strategy, with notable achievements in hospital-enterprise partnerships“One horizontal” ——Extending lean management system to deepen diverse forms of collaboration within medical institution alliancesYunkang has been committed to developing an innovative service mode for the joint construction of medical institution alliances featuring “professionalism as the foundation, standardization as the core, digital intelligence as the means, synergization as the goal”. During the Reporting Period, the Group provided nearly 450 alliance clients with multi-scenario solutions tailored to different clinical needs, including AI+ digital intelligence solutions for medical institution alliances, comprehensive collaborations with medical laboratories, solutions for regional/pathology centers and precision medicine center, and specialty-based solutions for alliance development, among other multi-model collaboration services. By leveraging Yunkang’s strengths, the Group assisted healthcare institutions at all levels in enhancing service capabilities and expanding service coverage, established a hierarchical and coordinated healthcare service system, and promoted the development of regional hierarchical diagnosis and treatment services.During the Reporting Period, despite increasingly fierce market competition, the Group maintained solid growth in the joint construction business through continuous deep collaboration with leading hospitals and municipal and county-level hospitals, further consolidating its competitive advantage.“One vertical” ——Joint innovation platform for diagnostic testing serves as strong driver for R&DThe Group has always focused on “clinical needs”, continuously strengthening hospital-enterprise collaboration and pioneering the establishment of a joint innovation platform for diagnostic testing, driving business expansion and product competitiveness. During the Reporting Period, the Group forged joint diagnostic innovation partnerships with dozens of top-tier medical institutions nationwide, delivering a portfolio of testing products addressing multiple infectious syndromes, including respiratory tract infections, central nervous system infections, urinary tract infections, gynecological infections, and tuberculosis, as well as genetic testing products for personalized medication. Collectively, these innovative products have served nearly 300 clients across the country, and achieved sustained growth in testing revenue.During the Reporting Period, Yunkang and Guangdong Provincial People’s Hospital successively launched a series of new panel products covering respiratory tract infections, central nervous system infections, and invasive fungal infections, successfully creating a standardized incubation model for domestic hospital-enterprise research innovation and translation, as well as a “1+N” medical inspection collaboration network. Moreover, throughout the process of scientific and technological innovation, both parties have gained rich clinical experience. With the active involvement and sustained efforts of dozens of domestic diagnostic experts and scholars, they formulated the Expert Consensus on the Application of tNGS for Clinical Standardization, which was published during the Reporting Period in Chinese Journal of Laboratory Medicine, a leading journal in China’s diagnostic field. During the Reporting Period, Yunkang also maintained close collaboration with the First Affiliated Hospital of Guangzhou Medical University, one of China’s top-tier hospitals, and successfully developed a urinary tNGS product, advancing the clinical practice of precision diagnosis and treatment for urinary tract infections. Simultaneously, Yunkang partnered with the First Affiliated Hospital of Jinan University to establish a “university-hospital-enterprise joint innovation platform” and incubated and operated the “innovation project of psychiatric drug genetic testing”, which has successfully yielded genetic testing products for antidepressants, anti-anxiety drugs, and sedative-hypnotics.AI empowers multi-modal solutions for medical institution alliances, improving quality and efficiency to deepen client services During the Reporting Period, Yunkang fully employed DeepSeek and achieved digital deployment across its platforms. Centered on the core concepts of “AI+” and “precision diagnostics”, Yunkang extensively applied artificial intelligence technology across the multi-technology platforms of its medical laboratories. Taking the in-depth integration of AI technology with Yunkang pathology diagnosis platform as an example, the per-slide efficiency of AI-empowered diagnostic was continuously optimized, achieving simultaneous improvements in intelligence, efficiency, and quality. Moreover, through the deployment of intelligent applications, Yunkang realized smart online customer services and the efficient review of results and reports, which fully streamlined diagnostic service processes and improved experience and satisfaction of its client services. In the process of jointly developing new technologies and products through hospital-enterprise R&D, Yunkang’s AI technology empowered product innovation and R&D across multiple aspects, including bioinformatics analysis, report interpretation, disease risk assessment, and development and translation of novel products, by leveraging the powerful data analysis, modeling, and predictive capabilities of large-scale AI models. This has accelerated the clinical implementation.Notably, Yunkang unveiled its medical AI model “ZhiYun” developed in collaboration with Runda Medical and Huawei, spanning the entire clinical workflow from pre-diagnosis to diagnosis and post-diagnosis. It will provide more efficient and convenient support and experience across all stages of clinical medical services. Meanwhile, Yunkang signed a strategic cooperation agreement with Runda Medical to strengthen in-depth collaboration across the industrial ecosystems in “AI + IVD + healthcare services”, jointly promoting the development and application of large-scale AI models in the medical field, and providing clients with digital-intelligence healthcare solutions. In the future, “ZhiYun”, the medical AI model, will be piloted in Yunkang’s healthcare partners and gradually rolled out nationwide, to improve quality and efficiency of medical institution alliance operations.Future prospects2025 marks the final lap for implementing the 14th Five-Year Plan. China has accelerated the capacity expansion of premium healthcare resources and their extension to lower-tier markets, resulting in a more balanced regional distribution. The country has also expedited the development of medical institution alliances and driven their upgrade from “framework building” to “high-quality operation”. Clinical treatment is also shifting from “broad-spectrum therapies” to “precision medicine”, with the growth potential of the industry continuing to be realized. At the same time, AI technology has continued to empower hierarchical diagnosis and treatment services, and the industry is embracing new growth opportunities. Looking ahead, Yunkang will continue to keep pace with industry development trends and align with national policies, further strengthening the value of empowering clinical practices, and persistently exploring the “product innovation + business innovation” dual-pronged model to accelerate business development, deeply empower medical testing services, and benefit more residents.Yunkang Group Limited (Stock Code: 2325)Yunkang Group is a leading medical operation service provider in China, which started to provide standardized medical diagnostic services to medical institutions at all levels as early as 2008. Leveraging its own professional diagnostic capabilities and the nationwide service network of integrated healthcare systems, Yunkang has gradually grown to become a medical operation service platform. Meanwhile, Yunkang is a medical operation service provider in China offering a full suite of diagnostic testing services which are diagnostic outsourcing services and diagnostic testing services for medical institution alliances. Yunkang provides diagnostic services through on-site diagnostic centers to collaborative hospitals in the integrated healthcare systems in China and assists them in improving their clinical diagnosis capabilities through co-developing diagnostic centers. As of today, Yunkang has successfully provided professional services to nearly 450 on-site diagnostic centers. As of June 30, 2025, the hospitals we collaborated with were located across 31 provinces and municipalities in China. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Digital Shovel Announces Partnership with IREN, Culminating in Completion of Infrastructure Support to 26 Sites ACN Newswire

Digital Shovel Announces Partnership with IREN, Culminating in Completion of Infrastructure Support to 26 Sites

Ogos 28, 2025
Toronto, ON, August 28, 2025 - (ACN Newswire via SeaPRwire.com) - Digital Shovel, a leading innovator in crypto mining infrastructure solutions, is thrilled to announce the successful completion of its partnership with IREN (formerly Iris Energy Limited), marked by the delivery of the final batch totaling 493 MW of busway sets, including active units and spares. This milestone, achieved well ahead of schedule, underscores Digital Shovel’s commitment to excellence and reliability in supporting next-generation data center operations.The partnership, formalized in February 2024, saw Digital Shovel supply IREN with almost 500 MW of busways, critical to powering IREN’s expanding data centers, which are optimized for Bitcoin mining and AI cloud services using 100% renewable energy. The project was completed without delays, with deliveries consistently surpassing expectations, enabling IREN to advance its operational timeline.“We are incredibly proud of the seamless execution of this partnership with IREN,” said Scot Johnson, CEO of Digital Shovel. “Delivering all 493 MW of busway sets ahead of schedule is a testament to our team’s dedication and the strength of our innovative solutions. IREN’s vision for sustainable, high-performance data centers aligns perfectly with our mission, and we’re excited about the impact this project will have on their growth.”The early completion of this contract also positions both companies for future collaboration. “This project has been a fantastic opportunity to showcase what we can achieve together,” Johnson added. “We’re eager to explore new ventures with IREN as they continue to lead in renewable energy-powered data centers for Bitcoin mining and AI applications.”The success of this deployment lays the foundation for expanded collaboration as demand for infrastructure solutions continues to surge. With proven capacity to deliver at scale and speed, Digital Shovel is positioned to help power the next generation of energy-efficient data centers across North America.For more information about Digital Shovel and its solutions, please visit www.digitalshovel.com.About Digital ShovelDigital Shovel is a leading vertically integrated HPC, AI and Bitcoin Mining systems manufacturer, building critical elements for datacenter construction. This includes turnkey modular datacenters, as well as infrastructure including switchgear, Smart PDUs, busway systems and more. For more info, visit www.DigitalShovel.com About IRENIREN (NASDAQ: IREN), formerly Iris Energy Limited, is an Australia-based company operating next-generation data centers powered by 100% renewable energy. With facilities optimized for Bitcoin mining, AI cloud services, and other power-dense computing applications, IREN is a global leader in sustainable, high-performance data center solutions. For more information, visit www.iren.com.Media Contact:Press@DigitalShovel.comhttps://www.digitalshovel.com Copyright 2025 ACN Newswire via SeaPRwire.com.
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TechInnovation 2025 Returns with 3 Days of Game-Changing Innovation ACN Newswire

TechInnovation 2025 Returns with 3 Days of Game-Changing Innovation

Ogos 28, 2025
SINGAPORE, Aug 27, 2025 - (ACN Newswire via SeaPRwire.com) - TechInnovation® 2025, Singapore’s preeminent platform for innovation and business transformation, returns for its 13th edition from 29–31 October 2025 at Sands Expo & Convention Centre, Level 3 Heliconia and Hibiscus Ballroom, Singapore. Organised by IPI Singapore, the three-day event will bring together over 40 expert speakers, more than 100 breakthrough technologies and curated programmes designed to accelerate real-world innovation and cross-border collaboration.Building on last year’s momentum, which brought together more than 100 exhibitors from 8 countries, attracted attendees from 42 markets, and resulted in over 30 projects supported by IPI Singapore after the event, TechInnovation 2025 will once again convene innovators, startups, corporates, and government agencies across Asia to showcase emerging technology solutions and forge strategic partnerships. In 2024, notably, 46 percent of visitors were senior management decision-makers, underscoring the event’s position as a high-value marketplace for business and technology leaders.The event focuses on sectors including smart buildings, urban solutions, engineering, digital health, sustainability, advanced manufacturing and AI, ensuring businesses can find solutions tailored to their growth ambitions while engaging directly with innovation leaders, potential collaborators and funding partners. Anchored on the theme Discover, Connect and Collaborate, TechInnovation 2025 offers exhibitors and visitors a platform to showcase ready-to-market technologies, connect with potential partners across borders, and co-create solutions to address real-world challenges faced by businesses.Innovation in Action: Interactive BoothsDebuting this year, TechInnovation 2025 will feature experiential technology showcases, giving select exhibitors the chance to showcase their ready-to-market technologies in a hands-on, interactive format. These interactive spaces are designed to spark conversations, encourage engagements and foster meaningful connections across the show floor. For SMEs, the booths offer a unique opportunity to showcase innovations, build credibility and connect directly with potential partners and customers. The launch responds to strong demand for immersive, real-world demonstrations that make technology tangible and memorable.Call for ExhibitorsTechInnovation 2025 invites technology providers, research institutions, startups and solution developers to participate as exhibitors. Exhibitors will benefit from exposure to thousands of decision-makers and industry leaders, targeted business matching opportunities and media visibility through IPI Singapore’s pre-event publicity and digital campaigns.“TechInnovation brings together enterprises and partners to explore new ideas,” said Michael Goh, Chief Operating Officer of IPI Singapore. “We look forward to welcoming exhibitors whose innovations can support practical business applications and contribute to a more sustainable and competitive future.”About TechInnovation 2025Returning for its 13th edition, TechInnovation 2025 is the flagship event of IPI Singapore, connecting technology seekers and providers across Asia. The event serves as a dynamic marketplace for co-innovation and tech adoption, drawing participation from startups, SMEs, corporates, universities and government agencies.This year’s theme, “Discover, Connect, Collaborate” underscores TechInnovation’s mission to drive growth through discovery, global connection and collaboration. The event will feature over 40 speakers, more than 100 technologies and 3 days of programming designed to scale real-world business innovation. TechInnovation is organised by IPI Singapore, a subsidiary of Enterprise Singapore and catalyst of Singapore’s open innovation ecosystem.TechInnovation® is a registered trademark of IPI Singapore.Learn more at www.techinnovation.com.sg.About IPI SingaporeIPI Singapore is an innovation catalyst that creates opportunities for enterprises to grow beyond boundaries. As a subsidiary of Enterprise Singapore, IPI Singapore accelerates the innovation process of enterprises through access to its global innovation ecosystem and advisory services.With a strong belief that innovation is key to enterprise growth, IPI Singapore provides enterprises with access to innovative ideas and technologies. IPI Singapore also facilitates and supports enterprises' innovation processes, including commercialisation and go-to-market strategies.Learn more at https://www.ipi-singapore.org/Media Contact:Sheree TanManager, Marketing & Communications, PartnershipsIPI Singapore ipi_comms@ipi-singapore.orgTheodore WoonDirectorPINPOINT PR Pte. Ltd.theodore@pinpointpr.global Copyright 2025 ACN Newswire via SeaPRwire.com.
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