Q2 Metals Extends Mineralized Zone Strike Length to 1.5 Kilometres and Concludes the 2025 Winter Program at the Cisco Lithium Project in Quebec, Canada ACN Newswire

Q2 Metals Extends Mineralized Zone Strike Length to 1.5 Kilometres and Concludes the 2025 Winter Program at the Cisco Lithium Project in Quebec, Canada

Highlights:The 2025 Winter Program concluded with 6,997 metres (m) drilled across 14 holes.Drill hole CS25-028 encountered eight (8) spodumene pegmatite intervals, with the widest interval of 50.9 m of continuous spodumene pegmatite, along with additional noteworthy intercepts of 21.5 m and 19.3 m.Drill hole CS25-036 encountered 13 spodumene pegmatite intervals, with the widest interval of 64.3 m of continuous spodumene pegmatite, along with additional noteworthy intervals of 22.3 m, 18.1 m and 12.7 m. Hole 36 ended in pegmatite at a depth of 308.6 m due to time constraints.Assays are pending on all 14 drill holes completed in the 2025 Winter Program.The northeast-southwest strike of the main zone has increased to 1,500 m (previously 850 m at the end of 2024).Vancouver, BC, Apr 28, 2025 - (ACN Newswire via SeaPRwire.com) - Q2 Metals Corp. (TSX.V:QTWO)(OTCQB:QUEXF)(FSE:458) ("Q2" or the "Company") is pleased to provide an update on the Winter 2025 expansion drill program ("2025 Winter Program") at the Company's Cisco Lithium Project (the "Project" or the "Cisco Project"), located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay, Quebec, Canada.The 2025 Winter Program at the Cisco Project concluded with a total of 14 drill holes for 6,997 m of drilling completed. Of the 14 drill holes completed, 10 intercepted spodumene-bearing pegmatite. Assays are pending on all 14 drill holes, and the Company anticipates the first results to be announced in May."We are very encouraged by the results to date, which continue to validate the scale and potential of the Cisco Project," said Q2 Metals President and CEO Alicia Milne. "With only 37 holes drilled for 14,644 metres to date, we've built a strong foundation for continued advancement. Cisco's strategic position in the southernmost part of the Eeyou Istchee James Bay region, just 150 kilometres from rail access, gives it a distinct development advantage and further enhances the project's long-term value. We remain well-funded, the project remains open in all directions and at depth, and we are eager to resume drilling in June.""The 2025 Winter Program was highly successful," said Q2 Vice President of Exploration Neil McCallum. "During the program we nearly doubled the strike length of the main mineralized zone from 850 m to 1.5 kilometres and started to drill test other areas of interest that will require further work. On our return to the Project in June, we will continue to systematically define the known mineralized zone, starting with Hole 36 which ended due to the start of the traditional goose hunting season at 308.6 m and in spodumene pegmatite. Additional mapping and sampling of the Cisco Project will also be a priority this summer as we've explored less than 10 percent of our total land package, leaving a significant amount of the prospective 30-kilometre-long greenstone belt still to be tested."Summary of Spodumene-Bearing Pegmatite IntervalsThe pegmatite intervals (greater than 2 m) of drill holes CS-25-028 to 37 are reported below in detail (Table 1 & 2):Table 1. Summary of Spodumene-Pegmatite Intervals at the Main Zone, Cisco ProjectTable 2. Summary of Spodumene-Pegmatite Intervals at the CO2 Outcrop Area, Cisco ProjectThe mineralized intervals in all the holes are not necessarily representative of the true width and the modelled pegmatite zones are being refined with every additional hole.Cautionary Statement: The presence of pegmatites does not confirm the presence of lithium (spodumene or other lithium minerals). Pegmatites are fractionated coarse grained igneous rocks commonly associated with lithium mineralization; however, many pegmatites do not contain mineralization. The presence of any mineralization can only be confirmed with assaying.The geological team has completed the core cutting and logging of holes CS25-028 to CS25-037 and the samples have been dispatched to the SGS Canada preparation laboratory located in Val-d'Or, QC for mineral analysis to confirm the presence of lithium.Discussion of Drilling ResultsThree holes (CS25-029, 031 and 033) targeted the southern extension of the main mineralized zone. With the 200-metre spacing, and only a few holes per section line, wide (>100 metre) pegmatite intervals were not intercepted. It is expected that the wide pegmatite intervals are present, however additional testing work is required. It is noted that the pegmatite intervals are somewhat deeper in the drill holes at the south and further work will be carried out during the summer exploration season to test the potential up-dip location of the pegmatite towards the west. In summary, the main zone remains open to the south.Hole CS25-030 targeted the deeper portions of the northern extent of the main mineralized zone and has demonstrated that the zone is open in that direction.Hole CS25-028 tested the eastern portion of the main mineralized zone and provided additional information in that area. Combined with the other holes drilled to the east, the zone remains open in that direction as well.Hole CS25-036 was not completed prior to the start of this year's goose-hunting season and ended before the intended completion depth. Despite this, the objective of the hole was accomplished with several wide pegmatite intervals intercepted that will assist in resolving the geometry of the pegmatite as well as providing guidance on definition-scale drilling. Drilling on this hole will re-commence as soon as possible after the goose-hunting season.Drill holes CS25-032, 034, 035 and 037 were drilled to define the subsurface expression of the prominent mineralized CO2 outcrop. Additional work is needed to follow up this area as several potential orientations have not yet been tested.Figure 1. Map of Drilling Area, Cisco ProjectFigure 2. Cross Section B (Looking Northeast)Figure 3. Long Section of the Main ZoneMetallurgical TestingDuring the 2025 Winter Program, representative samples were assembled and dispatched to SGS Canada for additional preliminary metallurgical test work, including heavy liquid separation (HLS), dense media separation (DMS), magnetic separation, and flotation.The primary objective of the preliminary metallurgical program will be to evaluate the beneficiation of the currently defined mineralized zone at the Cisco Project with a traditional lithium pegmatite flowsheet. The goal of the proposed metallurgical work is to produce a spodumene concentrate of greater than 6% Li2O with low iron content, at a maximum lithium recovery.Initial metallurgical testing on 16 drill core analytical pulp samples of pegmatite collected across seven (7) drill holes at the Cisco Project indicated that spodumene is the primary lithium-bearing mineral within all pegmatite samples (see news release from Q2 on February 12, 2025).Optical Televiewer Survey WorkDuring the 2024 drill program conducted at the Cisco Project, optical televiewer survey work was conducted on 13 of the 17 holes drilled by the Company to confirm the pegmatite contact relationships at depth (see news release from the Company on February 3, 2025).Following the compilation and review of the data points collected, it was determined that the orientation of the pegmatite aligns with the surface measurements, and that the drill azimuth is appropriate for this stage of the Company's drilling campaigns. Additionally, the dip of the pegmatite varies between 25- and 80- degrees (relative to the surface), indicating that the current drill angle of -45 degrees is the most appropriate angle.The Company continued to collect downhole televiewer data during the 2025 Winter Program. Additional drill holes from the 2024 drill program were surveyed as well as several of the holes drilled in the 2025 Winter Program (drilling at hole CS25-036 was in process). Data collected will continue to refine the Company's most appropriate drilling approach.Sampling, Analytical Methods and QA/QC ProtocolsAll drilling was conducted using diamond drill rig with NQ sized core and all drill core samples are shipped to SGS Canada's preparation facility in Val D'Or, Quebec, for standard sample preparation (code PRP92) which includes drying at 105°C, crushing to 90% passing 2 mm, riffle split 500 g, and pulverize 85% passing 75 microns. The pulps are then shipped by air to SGS Canada's laboratory in Burnaby, BC, where the samples are homogenized and subsequently analyzed for multi-element (including Li and Ta) using sodium peroxide fusion with ICP-AES/MS finish (code GE_ICM91A50). The reported Li grade will be multiplied by the standard conversion factor of 2.153 which results in an equivalent Li2O grade. Drill core was saw-cut with half-core sent for geochemical analysis and half-core remaining in the box for reference. The same side of the core was sampled to maintain representativeness.A Quality Assurance / Quality Control (QA/QC) protocol following industry best practices was incorporated into the sampling program. Measures include the systematic insertion of quartz blanks and certified reference materials (CRMs) into sample batches at a rate of approximately 5% each. Additionally, analysis of pulp-split and reject-split duplicates was completed to assess analytical precision. The QP has verified the QA/QC results of the analytical work.Drill Hole Collar InformationThe summary of drill holes completed to date, including basic location and dip/azimuth is detailed below (Table 3):Table 3. Summary of Drill Hole Collar Information, Cisco Project (CS25-028 to CS25-037)Upcoming Events121 Mining Investment ConferenceQ2 Metals will be attending the 121 Mining Investment Conference in London, UK from May 12-13, 2025. For more information, click here.Canaccord Genuity Global Metals & Mining ConferenceThe Company will be attending the Canaccord Genuity Global Metals & Mining Conference in Henderson, NV from May 20-22, 2025. For more information, click here.THE Mining Event of the NorthQ2 will be attending and exhibiting at THE Mining Event of the North in Quebec City, QC from June 3-5, 2025. For more information, click here.About Q2 Metals CorpQ2 Metals is a Canadian mineral exploration company focused on the Cisco Lithium Project located within the greater Nemaska traditional territory of the Eeyou Istchee, James Bay, Quebec, Canada where drilling is currently underway.The Cisco Project is comprised of 767 claims, totaling 39,389 hectares. The main mineralized zone is just 6.5 kilometres ("km") away from the Billy Diamond Highway and transects the Project. The town of Matagami, which features direct rail link to much of James Bay, is approximately 150 km to the south.Cisco has district-scale potential with an already identified mineralized zone and 2024 discovery drill results that include:120.3 metres at 1.72% Li2O (hole CS-24-010);215.6 metres at 1.69% Li2O (hole CS-24-018);347.1 metres at 1.35% Li2O (hole CS-24-021); and188.6 metres at 1.56% Li2O (hole CS-24-023)The Cisco Project is situated along the Frotet Evans Greenstone Belt, comprised of a volcanic package dominated by mafic to felsic metavolcanic rocks, of the southern James Bay Lithium District, the same belt that hosts the Sirmac and Moblan lithium deposits, located 130 km and 180 km away, respectively.FOR FURTHER INFORMATION, PLEASE CONTACT:Alicia MilneJason McBrideChris AckermanPresident & CEOInvestor Relations ManagerCorporate DevelopmentAlicia@Q2metals.comJason@Q2metals.comChris@Q2metals.comTelephone: 1 (800) 482-7560E-mail: info@Q2metals.comwww.Q2Metals.comClick to follow us online:X, LinkedIn, Facebook, and InstagramQualified PersonNeil McCallum, B.Sc., P.Geol, a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by NI 43-101 ("QP"), has reviewed and approved the technical information in this news release. Mr. McCallum is a director and the Vice President Exploration for Q2.Forward-Looking StatementsThis news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company's properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions.Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Forward looking statements in this news release include, but are not limited to, drilling results on the Cisco Project and inferences made therefrom, the potential scale of the Cisco Project, the focus of the Company's current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company's expectations in connection with the projects and exploration programs being met, the Company's objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile at www.sedarplus.ca.Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.SOURCE: Q2 Metals Corp. Copyright 2025 ACN Newswire via SeaPRwire.com.
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HydroFleet Propels Hydrogen Revolution Forward With HTWO Logistics Collaboration in Savannah, GA ACN Newswire

HydroFleet Propels Hydrogen Revolution Forward With HTWO Logistics Collaboration in Savannah, GA

POOLER, GEORGIA, Apr 29, 2025 - (ACN Newswire via SeaPRwire.com) - HydroFleet, Inc. ("HydroFleet") is excited to announce the construction of its new hydrogen production and refueling station at the new HTWO Energy Savannah site in Pooler, Georgia. This state-of-the-art facility represents a significant investment in clean energy and sustainable transportation solutions, aimed at servicing zero-emission FCEV heavy trucks. This investment will significantly enhance the region's clean energy infrastructure, supporting zero-emission heavy-duty trucks and other clean energy vehicles, including port applications and nearby rail, while contributing to a sustainable future.HTWO Energy Savannah Refueling BayHTWO Energy Savannah Station Depictions are Represented for the Planned Pooler, GA, Facility"Pooler is an ideal location for HydroFleet's facility due to the proximity to major interstates, the Port of Savannah, and prospective fleet customers," said Scott Moe, President and CEO, HydroFleet, expressing his enthusiasm for the project. "We know customers want zero-emission fleets but have struggled to source the entire hydrogen ecosystem at a competitive price. Through strategic partnerships and proven, safe technology, HydroFleet solves this challenging industry problem. We look forward to partnering with Pooler to lead the clean energy transition to cost-effective, emission-free heavy truck fleets here in Georgia and across the U.S."HydroFleet's investment in Pooler is expected to bring significant economic benefits to the area, creating jobs and positioning Pooler, and the greater Savannah, GA, area, as a leader in clean energy solutions. The facility will utilize advanced hydrogen production and distribution technology to reduce emissions and noise pollution, contributing to a cleaner, more sustainable future for the community."HTWO Energy Savannah is a breakthrough hydrogen production and refueling station for the heavy-duty trucking industry, allowing zero-emissions trucks to quickly and easily refuel at a single convenient location in the Savannah region," said Jim Park, SVP, commercial vehicle and hydrogen fuel cell business, Hyundai Motor North America. "The HTWO Energy Savannah hydrogen station will also truly fulfill our vision for Hyundai Motor Group Metaplant America ("HMGMA") Clean Logistics, allowing our innovative new electric vehicle plant to transport plant shipments within a clean, zero-emissions ecosystem.""This marks a significant step forward in the decarbonization of emissions-intensive port operations and major logistics corridors," said Jonathan Choi, CEO, HTWO Logistics. "HTWO Energy Savannah provides hydrogen fuel for our Hyundai XCIENT hydrogen-powered class 8 truck fleet, which provides clean logistics for Hyundai's new Hyundai Motor Group Metaplant America."John Porter, CEO of Capital Development Partners, the property owner and project developer, added, "We are thrilled to collaborate with HydroFleet on this groundbreaking project. This hydrogen production station will not only enhance the local economy but also establish Pooler as a leader in clean energy solutions. Our commitment to sustainable development aligns perfectly with HydroFleet's vision for a greener future."Seth Greengrass, Director, Origination of Axpo, the global energy contract provider for the project, commented, "Axpo is proud to support HydroFleet's innovative hydrogen production facility. Our expertise in energy trading and risk management ensures a reliable and efficient supply of feedstock, contributing to the success of this environmentally friendly initiative."HydroFleet also partnered with the Savannah Economic Development Authority ("SEDA") and the Southeast Hydrogen Energy Alliance ("SHEA") in development of the cutting-edge hydrogen facility. The collaboration encompassed comprehensive planning, strategic site selection, meticulous permitting processes, and robust public education initiatives, ensuring the project's success and community engagement.The deal was completed with legal assistance from Jennifer Surprenant and Raffael Fiumara, both shareholders of Greenberg Traurig LLP. HydroFleet was advised by Lazard, Inc.For more details, please contact:Leam NelsonChief Business Officer, HydroFleetEmail: info@hydrofleet.comPhone: (833) 493-7635Follow HydroFleet on Twitter | YouTube | Facebook | Instagram | LinkedIn | TikTokAbout HydroFleet:HydroFleet is at the forefront of the clean energy revolution, spearheading the transition to hydrogen-powered mobility and adoption of green technology. We equip industries and fleets with an evolving range of streamlined solutions that maximize operational efficiency and profitability. HydroFleet's versatile hydrogen solutions fuel an increasing range of hydrogen applications, making the transition to a sustainable fleet effortless. HydroFleet, Power to make a difference®. Visit www.hydrofleet.com.Contact InformationLeam NelsonChief Business Officerinfo@hydrofleet.com(833) 493-7635Related Videohttps://www.youtube.com/watch?v=K0wBimtWfC8SOURCE: HydroFleet, Inc.Related ImagesHTWO Pooler FacilityHTWO Energy Savannah Station Depictions are Represented for the Planned Pooler, GA, Site Copyright 2025 ACN Newswire via SeaPRwire.com.
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Hung Fook Tong Partners with Nutribite to Launch AI-Powered Personalised Healthy Meal Service ACN Newswire

Hung Fook Tong Partners with Nutribite to Launch AI-Powered Personalised Healthy Meal Service

HONG KONG, Apr 28, 2025 - (ACN Newswire via SeaPRwire.com) – Hung Fook Tong is pleased to announce its partnership with data-driven healthy meal brand Nutribite to launch Hong Kong’s first personalised meal service that integrates traditional Chinese wellness wisdom with cutting-edge AI technology. It delivers customised nutritional meal plans for customers, offering a healthy version of “two-dish rice" featuring carefully selected fresh ingredients and nutritionally balanced dish combinations. This service elevates the popular “two-dish rice" into a convenient, science-backed and delicious meal option, redefining healthy eating.Since its establishment in 1986, Hung Fook Tong has remained steadfast to its motto “Naturally Made, Wholeheartedly Good”. Based on traditional Chinese herbal wellness wisdom and embracing both tradition and innovation, the company is committed to offering customers wellness soups, herbal teas, and a diverse range of healthy products. As a pioneer in data-driven healthy meals, Nutribite leverages advanced technology to precisely quantify key nutritional components and calorie data of each food item, providing customers with healthy food options. Now powered by DeepSeek's AI technology, it has realised the transformation from data-driven analytics to intelligent, personalised decision-making.The meal service, launched in partnership between Hung Fook Tong and Nutribite, pioneers the integration of AI technology with nutritional science and traditional Chinese wellness wisdom, offering customers a brand new personalised healthy eating experience. Customers can simply enter their personal information (such as age, height and weight), dietary preferences and health needs on the platform. DeepSeek will then use this data to generate personalised healthy meal plans, including Nutribite meal boxes that are precisely curated to meet individual health needs, and a variety of Hung Fook Tong wellness products that are tailored to the customer's physical condition, saving them the hassle of meal planning. Real-time interactive features also allow customers to adjust their dietary recommendations at any time.Hung Fook Tong offers a fully personalised service, from the design of nutritional meals to their precise delivery, making healthy eating a part of everyday life. Currently, customers can place orders through Hung Fook Tong's "JIKA CLUB" mobile app and pick up their meals at its designated stores in Hong Kong. Boasting a vast retail network of over 100 stores, Hung Fook Tong is the largest herbal retailer in Hong Kong in terms of retail network size, with over 50% of its outlets located at MTR stations. This allows customers to conveniently access its wellness products and Nutribite meal pick-up services. From 28 April to 31 May, 2025, customers will enjoy a 10% discount on meals ordered via this service.Dr. Ricky Szeto, CEO and Executive Director of Hung Fook Tong, stated, “As a modern wellness concept food and beverage enterprise, Hung Fook Tong is committed to integrating traditional Chinese herbal wellness wisdom with innovative technology to offer customers high-quality, diverse products and services that meet their various needs for healthy diets. This strategic partnership with Nutribite leverages advanced AI technology to provide customers with a brand-new healthy eating experience, marking a significant breakthrough in the group's digital transformation. Together, we look forward to creating a new blueprint for healthy eating in the market and injecting new momentum into the group's development.”Mr. Wei Qiang, the founder of Nutribite, also expressed enthusiasm about the partnership, stating, “Nutribite has been dedicated to driving innovation in data-driven healthy meal management and developing customised healthy meal solutions catering to various scenarios. We are pleased to partner with Hung Fook Tong to integrate elements of traditional Chinese wellness wisdom into our healthy meal offerings, marking an important step in deepening our presence in the healthy catering market. We look forward to a close collaboration that will create more innovative value to the market and reshape the future of healthy eating.”Click to download images: https://bit.ly/44yMMSGAccess Meal ordering platform (mobile only) via JIKA CLUB:Apple Store: https://apps.apple.com/hk/app/%E9%B4%BB%E7%A6%8F%E5%A0%82/id509466853?l=en-GBAndroid: https://play.google.com/store/apps/details?id=com.hungfooktong.hft&pcampaignid=web_share Designated stores for self-pickup: https://bit.ly/3Gp0aPfAbout Hung Fook Tong (Stock Code: 1446)Established in 1986 and listed on the Main Board of The Stock Exchange of Hong Kong Limited in July 2014, Hung Fook Tong is a modern wellness concept food and beverage enterprise, offering a wide range of additive-free healthy food products for more than 35 years. Currently, it has over 100 retail shops in Hong Kong, thus it is the top retailer of Chinese herbal products in Hong Kong in terms of the number of retail shops. To capture the growth potential of the huge consumer market in Mainland China, the Group's long shelf-life drinks and fresh drinks are sold to third party retailers and distributors covering a number of cities in Mainland China.Website: www.hungfooktong.comAbout NutribiteNutribite is an innovative Hong Kong healthy catering brand that combines DeepSeek’s core AI algorithm with a digital nutrition database to create its "AI Healthy Meal" smart catering solution. Each meal box is labelled with key nutritional information, including calories, protein, fat, carbohydrates and dietary fibre, giving consumers complete transparency about what and how much they are eating.Nutribite has developed four unique core pillars of quantitative nutritional science, home-style flavours, AI personalisation, and automated service. Leveraging Japanese flash-freezing technology and its comprehensive cold chain logistics network in Hong Kong, Nutribite ensures the daily delivery of fresh and nutritious meals. With over 70 dishes developed by its team of renowned Asian chefs, Nutribite makes healthy meals no longer bland. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Hong Kong International Licensing Show and Asian Licensing Conference Open Today ACN Newswire

Hong Kong International Licensing Show and Asian Licensing Conference Open Today

- The Hong Kong International Licensing Show (HKILS) and Asian Licensing Conference (ALC) commence today for three days at the Hong Kong Convention and Exhibition Centre- Some 330 exhibitors from around the world, showcasing more than 600 brands and intellectual properties (IPs) will be attending HKILS- ALC features nearly 20 international licensing industry experts to discuss the latest global licensing trends, sustainable licensing models, immersive art and technology applications, and IP innovations- The event features more than 30 panda-themed IPs, with the Beijing Municipal Cultural Heritage Bureau and two Egyptian museums participating for the first time-“Hong Kong Licensing Force” is a new exhibition zone showcasing design and IP projects from multiple Hong Kong universities.HONG KONG, Apr 28, 2025 - (ACN Newswire via SeaPRwire.com) – The 22nd Hong Kong International Licensing Show (HKILS) and the 14th Asian Licensing Conference (ALC), organised by the Hong Kong Trade Development Council (HKTDC), commence today for three days at the Hong Kong Convention and Exhibition Centre. Over 330 exhibitors from around the world are showcasing more than 600 brands and intellectual properties (IPs) at HKILS. At the concurrent ALC, nearly 20 international licensing industry experts will explore key industry topics. Both these events foster cross-sector and cross-industry collaboration, enhance the commercial value of IP, and expand the IP trading ecosystem, reinforcing Hong Kong’s position as a regional IP and licensing trading hub.Margaret Fong, HKTDC Executive Director, said at the opening ceremony: “These two flagship events reflect the continued growth and vitality of the global licensing sector. Thanks to our world-class experience and talents, robust legal protections, proximity to growth markets and a new generation of consumers, Hong Kong is an established IP and licensing trading hub. HKILS provides a vibrant platform for the city’s emerging creative talents who are developing new IPs.”ALC focuses on trending topics, including how classic character and cultural heritage IPs can preserve their original spirit while staying relevant. Ms Fong added that ALC will include the enduring stories of truly iconic and globally appealing characters such as the Peanuts gang and the Smurfs, and explore the potential of these IPs to further develop their reach and appeal in the ever-changing marketplace. The conference will also take a deep dive into the rich cultural heritage of China and Egypt, two of the world’s most historic civilisations, and how such timeless IP create fresh connections and generate new experiences in today’s world.HKILS and ALC welcomed Raistlin Lau, Hong Kong Special Administrative Region’s Acting Secretary for Culture, Sports and Tourism, as the guest of honour at the opening ceremony. Mr Lau remarked: “Brands and Intellectual Property has been proven as the cornerstone of the creative industry. The annual Hong Kong International Licensing Show is the flagship event in Asia that gathers global license sources and brand representatives in Hong Kong to explore infinite business opportunities with licensees, licensing agents and traders. In the three-day fair, among the 330 exhibitors are 43 Hong Kong emerging design companies which will showcase their licensable designs in Hong Kong Pavillion, which is one of the CreateSmart Initiative projects supported by the Cultural and Creative Industries Development Agency under the Culture, Sports and Tourism Bureau.”Panda-themed IPs and museums and cultural institutions from the mainland at both eventsHong Kong’s pandas have welcomed local and international visitors, giving the local economy a significant boost. HKILS features over 30 panda-themed IPs, including Ocean Park Hong Kong’s panda family IP, featuring “Ying Ying”, “Le Le”, “Elder Sister”, and “Little Brother”. For the first time, HKILS welcomes the Egyptian Museum Cairo and the National Museum of Egyptian Civilisation.The Mainland China Pavilion features over 30 museums and cultural institutions including Prince Kung’s Palace Museum and 14 prominent museums led by Beijing Municipal Cultural Heritage Bureau, including the Capital Museum, China, Confucian Temple and the Imperial College Museum and Natural History Museum of China, showcasing Beijing's rich historical and cultural resources and continuously enhancing the internationalisation of its cultural and creative museums.“Hong Kong Licensing Force” supports young talentThis year’s HKILS introduces the “Hong Kong Licensing Force”, aimed at nurturing original brands and IPs. The zone features 15 IPs from students at The Hang Seng University of Hong Kong, Hong Kong Baptist University and The Hong Kong Polytechnic University, covering areas such as environmental protection, cultural conservation and social development. Through diverse media applications, including AR and VR experiences, these projects present the innovative thoughts of the new generation.Another initiative supporting local creative design is the Design Licensing and Business (DLAB) Support Scheme, sponsored by the HKSAR Government’s Cultural and the Creative Industries Development Agency (CCIDA) which returns to the Licensing Show with more than 40 local designers.Classic IPs Reveal Strategies for Sustained PopularityFor ALC, Maarten Weck, Executive Vice President, Global Partnerships & Licensing of WildBrain and Tim Erickson, Executive Vice President, Peanuts Worldwide & WildBrain Brands, shared the sophisticated strategies that keep Peanuts popular and loved across generations during Snoopy's 75th Anniversary: The Beagle that Captured Our Hearts. WildBrain is Peanuts IP owner.Mr Weck said: “Brands are global, but executions need to be local. Consumers nowadays want to be surprised by diverse and different offerings, including brand collaborations. We need to think outside the box about which brands could benefit from working with you, and vice versa. That is something consumers really focus on.”ALC hosted a China Opportunity sharing session, focusing on the potential and opportunities within the cultural industry on the mainland. In the China Opportunity (1) - Hong Kong’s Unique Position to Take Chinese Cultural IP Global session were Lichao Zhang, Chairman of Beijing National Library Innovative Cultural Relics Protection Technology and General Manager of Beijing National Library Innovative Cultural Service, Pan Wei, Deputy Director of Beijing Ancient Architecture Museum (Xiannongtan) and Gabriel Kwong, Ocean Park Hong Kong’s Panda IP Creator and Co-Founder of Air World Limited. During the session, the speakers analysed how Hong Kong’s unique role as a “super connector” in creating cultural symbols with both Chinese characteristics and international appeal, facilitating cultural exports. The conference also specially invited Wan Pin Chu, an erhuist and film composer for the Chinese animated blockbuster “Ne Zha ” as speaker.ALC continues over the next two days with more exciting content, including a series of activities to deepen the understanding of ancient Egyptian civilisation and the commercial opportunities behind its IPs. Metavision Global Entertainment CEO Ethan Tang will join attendees tomorrow in the Licensing Academy II - The Future of Storytelling: How Technology Transforms Narrative in Immersive Art to experience VR and AR that bring new entertainment experiences and explore the development process of the VR immersive journey, "Horizon of Khufu".Dr. Ali Abdelhalim Ali, General Director of the Egyptian Museum, and Dr. Nashwa Gaber Mohamed, Deputy Executive Director of Archaeological Affairs at the National Museum of Egyptian Civilisation, will participate in tomorrow’s Tapping into the Timeless Allure of Ancient Egypt: Licensing Opportunities with Museums, focusing on artifacts with potential and successful commercialisation cases, sharing how museums can expand from traditional souvenir shop models into new licensing domains.Fabienne Gilles, Chief Commercial Officer of Peyo Company, and Marie Van Buggenhout, Senior Licensing Distribution Manager, will join tomorrow’s session, How to Mix Fun and Sustainability in a Smurfy Way. Representing the Smurfs, created by Belgian cartoonist Peyo (Pierre Culliford), they will share how the core values of the Smurfs can be harnessed to promote environmental awareness and sustainable practices worldwide through the collaborations with the United Nations.The Hong Kong International Licensing Show and Asian Licensing Conference are held concurrently with five other lifestyle exhibitions organised by the HKTDC, including the Hong Kong Gifts & Premium Fair, Home InStyle, Fashion InStyle, Hong Kong International Printing & Packaging Fair, and DeLuxe PrintPack Hong Kong, creating opportunities for cross-industry exchange and collaboration.Photo download: https://bit.ly/4lJ8Z6JMargaret Fong, HKTDC Executive Director (second right), Raistlin Lau, Hong Kong SAR Acting Secretary for Culture, Sports and Tourism (second left), and other guests gathered at the opening of the Hong Kong International Licensing Show and Asian Licensing Conference.This year’s Hong Kong International Licensing Show features over 600 brands and licensing projects, bringing together top global licensors and licensing agents.Maarten Weck, Executive Vice President, Global Partnerships & Licensing of WildBrain and Tim Erickson, Executive Vice President, Peanuts Worldwide & WildBrain Brands, shared the strategies that keep Peanuts popular and loved across generations in Snoopy's 75th Anniversary: The Beagle That Captured Our Hearts.ALC featured a China Opportunity session, focusing on the win-win development between China and the world and sharing the potential and opportunities in the cultural industry.This year’s HKILS introduces the “Hong Kong Licensing Force”, a new showcase from the next generation of local talent and featuring innovative thinking in design and IP, with the aim of nurturing original brands and IPs.WebsitesHong Kong International Licensing Show:https://www.hktdc.com/event/hklicensingshow/enAsian Licensing Conference: https://www.hktdc.com/event/hklicensingshow/en/programme category=all&date=allHKTDC Media Room: http://mediaroom.hktdc.com/enMedia enquiriesFor more information, please contact Raconteur:Molisa LauTel: (852) 6187 7786Email: molisalau@raconteur.hkBetsy TseTel: (852) 9742 7338Email: betsytse@raconteur.hkThe HKTDC's Communications and Public Affairs Department:Katy WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Azurite Medical and Wellness Launches Revolutionary Luxury Surgical Retreat Concept in Global Medical Tourism Market ACN Newswire

Azurite Medical and Wellness Launches Revolutionary Luxury Surgical Retreat Concept in Global Medical Tourism Market

Bangkok, Thailand--(ACN Newswire via SeaPRwire.com - April 28, 2025) - Azurite Medical and Wellness, founded by entrepreneur Trina Eliassen, announces the launch of its innovative medical tourism service that combines affordable cosmetic surgery with exclusive luxury aftercare experiences in Thailand, fundamentally transforming how patients approach overseas surgical procedures.Azurite Medical and Wellness To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10373/249980_b94c71f2c41a5943_001full.jpgThe new venture, led by American-born Eliassen who relocated to Australia in 2005, brings together world-class surgical expertise with comprehensive pre-operative preparation and 5-star recovery accommodations, delivering premium surgical packages at up to 75% less than Western prices."We've created a service that addresses every aspect of the medical tourism journey," explains Trina Eliassen, Founder of Azurite Medical and Wellness. "From nutritional coaching months before surgery to luxury recovery accommodations with 24/7 nursing care, our goal is to eliminate the stress and uncertainty typically associated with overseas procedures."The company has established an exclusive partnership with renowned plastic surgeon Dr. Theerapong, whose expertise in complex reconstructive procedures has attracted patients from across the globe. Azurite's comprehensive packages include private transportation, luxury accommodation, personalized meal plans, and round-the-clock nursing care for 9-28 days depending on procedure complexity.What sets the Azurite approach apart is its focus on bundled surgical packages that deliver more balanced aesthetic results while maximizing value. A comprehensive facelift package including fat transfer, upper and lower blepharoplasty, and an optional surgical lip lift costs approximately AUD 17,500 through Azurite's service, compared to around AUD 75,000 for equivalent procedures in Australia.The announcement comes as global medical tourism continues to grow, with patients increasingly seeking alternatives to high-cost procedures in Western countries. Eliassen plans to expand the Azurite service model to Turkey and Korea in the coming years, leveraging these countries' advanced medical technologies and established beauty industries. The company also has plans to launch a specialized nutrition and supplement line designed specifically for post-surgery healing to reduce scarring and infection risk.About Azurite Medical and Wellness: Azurite Medical and Wellness is pioneering a new approach to medical tourism that combines surgical excellence with luxury recovery experiences. The company provides comprehensive support throughout the entire transformation journey, from pre-operative preparation to post-surgical care.Media Contact:+61 407 330 054info@azurite.com.auazurite.com.au & azuritemedicalandwellness.comTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/249980 Copyright 2025 ACN Newswire via SeaPRwire.com.
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Wintermar Offshore (WINS:JK) Reports 1Q2025 Results ACN Newswire

Wintermar Offshore (WINS:JK) Reports 1Q2025 Results

JAKARTA, Apr 28, 2025 - (ACN Newswire via SeaPRwire.com) - Wintermar recorded a 31.4%YOY increase in Gross Profit to US$6.6 million for 1Q2025, with US$4.1 million Operating Profit (+52.5% YOY), driven by Owned Vessels gross margin expansion.Margin expansion in the Owned Vessel Division continued to boost profitability, despite a slow quarter where Total Revenue fell by 9.2%YOY from US$18.4 million in 1Q2024 to US$16.7 million in 1Q2025. The lower revenue stemmed from a slower than expected start after the monsoon season which primarily affected the Chartering Division.Owned Vessel DivisionThe Owned Vessel Division continued to perform well as the high tier vessels and mid-tier DP vessels saw improved utilization. Gross Profit from Owned Vessel jumped by 55.8%YOY to US$6.1 million for 1Q2025 as compared to 1Q2024, generated from revenues of US$14.8 million (+6.1%YOY). With more PSVs working, Owned Vessel gross margin has continued to increase to 41.2% in 1Q2025 from 28.1% in 1Q2024. Average charter rates for 1Q2025 were 31% higher than 1Q2024, due to a larger number of high yielding vessels in the Company’s fleet.The lower end of the mid-tier segment did not fare as well in 1Q2025, as some mid-tier vessels came off spot contracts. OSV demand was slow during the quarter, with some project delays, even though there were some ongoing tenders. Fleet utilization dropped to 57% in 1Q2025 as compared to 63% in 4Q2024. Two additional HLBs were delivered in February and March 2025 which only commenced operations in April 2025.Chartering Division and Other ServicesA longer than expected hiatus for the monsoon season led to a 70%YOY drop in Chartering Division Revenues to US$0.9 for 1Q2025 compared to 1Q2024. Revenue from Other Services also recorded a decline of 30.5%YOY to US$1.0 million upon the completion of a contract.Direct Expenses and Gross ProfitOwned Vessel Direct Expenses reduced by 13.3%YOY to US$8.7 million from US$10.1 million in 1Q2024. There were savings in maintenance costs (-28.2%YOY), which fell from US$2.4 million in 1Q2024 to US$1.7 million in 1Q2025, due to the absence of some one-off preparation costs in 2024 for international contracts. Owing to the sale of 3 vessels during 2024, Operations cost fell by 31.0%YOY, from US$1.1 million in 1Q2024 to US$0.8 million in 1Q2025 while Crewing expenses also decreased by 7%YOY, from US$2.5 million in 1Q2024 to US$2.4 million. Bunker costs were maintained at US$0.5 million (+1.8%YOY), reflecting a stable oil price and a low number of vessel mobilizations.As a result of a higher concentration in Dynamic Positioning (DP) vessels which has enjoyed a stronger charter rate increase, the Gross Profit margin has risen from 27.1% in 1Q2024 to 39.3% in 1Q2025, demonstrating the underlying resilience of the fleet despite the near-term delays in project commencements.Indirect Expenses and Operating ProfitTotal Indirect Expense rose by 6.5%YOY to US$2.4 million in 1Q2025 as compared to US$2.3 million in 1Q2024. This increase was primarily driven by the increase in marketing expenses and staff salaries.With the growing participation in international tenders, Marketing Expenses in 1Q2025 doubled to US$0.17 million (+125.3%YOY) from US$0.08 million in 1Q2024. Staff Salary contributed US$0.09 million to the increase, rising 5.2%YOY to US$1.8 million in 1Q2025, due to an expansion of permanent employees and higher salaries.Operating Profit for 1Q2025 was US$4.1 million, which increased 52.5% compared to the same period in the previous year. The operating margin rose to 24.7% in 1Q2025 from 14.7% in 1Q2024.Other Income, Expenses and Net Attributable ProfitInterest expenses doubled to US$0.5 million in 1Q2025 as the Company obtained new loans to refinance the PSV and HLBs purchased last year. On the other hand, interest income rose by 32.0%YOY to US$0.1 million in 1Q2025, following strong cash flow generation.Interest expenses doubled to US$0.5 million in 1Q2025 as the Company obtained new loans to refinance the PSV and HLBs purchased last year. On the other hand, interest income rose by 32.0%YOY to US$0.1 million in 1Q2025, following strong cash flow generation.Equity in net earnings of associates recorded a loss of US$0.04 in 1Q2025 compared to a gain of US$0.2 million in 1Q2024, reflecting the lower utilization experienced by our associated companies.The sale of fixed assets contributed a gain of US$0.2 million from the disposal of low tier vessels in 1Q2025, effectively capturing the fleet’s monetary value. The Company recorded a FX loss of US$0.4 million from Rupiah denominated trade receivables, impacted by the strengthening of the USD.Non-controlling interest was significantly higher at US$1.5 million compared to US$0.4 in 1Q2024, reflecting the share of minority interest in earnings from the PSV business, in which Wintermar holds a 51% stake. Net Attributable Profit for 1Q2025 amounted to US$1.6 million, a decrease by 25.6%YOY from US$2.2 million in 1Q2024.The group’s EBITDA jumped by 20.2%YOY for 1Q2025, reaching US$7.6 million.Industry Outlook The long term outlook for offshore support vessels (OSV) is still positive, albeit in the near term, the industry has not escaped the uncertainty affecting global business sentiment that has emerged from policy fluctuations in the US. As a result of the imposition of tariffs, oil demand growth for 2025 has been revised down while geopolitical risks have risen amidst fears of escalating trade wars.In 1Q2025, the global caution added to the seasonal slowdown in Asia which resulted in some delays to project commencements. However, planning is underway for several offshore drilling projects which are expected to ramp up towards the end of the year, which provide support for charter rates. The second-hand market has been active with higher prices being offered for used OSVs in operating condition, indicating that there is still strong demand in the coming years. Business ProspectsThe year has started on a slow footing, which has impacted utilization in 1Q2025 as 60% of the fleet is still exposed to short term spot contracts. Gross margins, which have been climbing, will be maintained due to the better fleet mix, as can be seen in the strong growth in gross profit and operating profit. The Company has taken delivery of 2 units of Heavy Load Barges in 1Q2025 which are expected to commence operations in 2Q2025 and secured additional high tier vessel contracts, thus supporting continued profitability in the latter part of the year. Looking ahead to 2026, we are still positive on the demand for DP vessels which will be needed for several new deepwater drilling projects which are in development this year. Total contracts on hand as at end March 2025 has risen to US$71.9 million.About Wintermar Offshore Marine GroupWintermar Offshore Marine Group (WINS.JK), developed over nearly 50 years with a track record of quality that is both a source of pride and responsibility that we are dedicated to upholding, and sails a fleet of more than 48 Offshore Support Vessels ready for long term as well as spot charters. All vessels are operated by experienced Indonesian crew, tracked by satellite systems and monitored in real-time by shore-based Vessel Teams.Wintermar is the first shipping company in Indonesia to be certified with an Integrated Management System by Lloyd's Register Quality Assurance, and is currently certified with ISO 9001:2015 (Quality), ISO14001:2015 (Environment) and OHSAS 18001:2007 (Occupational Health and Safety). For more information, please visit www.wintermar.com .For further information, please contact:Ms. Pek Swan Layanto, CFAInvestor RelationsPT Wintermar Offshore Marine TbkTel (62-21) 530 5201 Ext 401Email: investor_relations@wintermar.com Copyright 2025 ACN Newswire via SeaPRwire.com.
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HKTDC’s April lifestyle fairs open today ACN Newswire

HKTDC’s April lifestyle fairs open today

- Five HKTDC trade fairs kick off today, including the Hong Kong Gifts & Premium Fair, Home InStyle, Fashion InStyle, Hong Kong International Printing & Packaging Fair, and DeLuxe PrintPack Hong Kong, while two major licensing events, the Hong Kong International Licensing Show and Asian Licensing Conference, will begin tomorrow- Celebrating its 40th edition, the Gifts & Premium Fair showcases creative and functional products, with award-winning entries from the Hong Kong Smart Design Awards highlighting local design talent- Home InStyle introduces the Gerontech Living Pavilion and expands its upgraded Cultural and Creative Avenue, welcoming first-time exhibitors from the Czech Republic- Fashion InStyle’s new highlighted zone, NEXT@Fashion InStyle, features advanced fashion materials from over 60 global suppliers, with renowned international fashion designer and Self-Portrait brand founder Han Chong joining as ambassador- The two packaging fairs present printing and packaging solutions that balance sustainability and smart design, aligning with market trendsHONG KONG, Apr 27, 2025 - (ACN Newswire via SeaPRwire.com) – The Hong Kong Trade Development Council (HKTDC) launches its diverse lineup of lifestyle exhibitions today, with the Hong Kong Gifts & Premium Fair, Home InStyle, and Fashion InStyle opening at the Hong Kong Convention and Exhibition Centre (HKCEC) and the Hong Kong International Printing & Packaging Fair and DeLuxe PrintPack Hong Kong beginning at AsiaWorld-Expo.HKTDC Deputy Executive Director Sophia Chong said: “Hong Kong’s exports of gifts, home products, fashion items and packaging solutions are increasingly targeting the mid-to-high-end market, transitioning from original equipment manufacturing to original design. The HKTDC remains committed to supporting exhibitors’ needs to help them upgrade and transform their businesses, while enhancing the overall quality of our exhibitions to provide a premier platform for cultural and creative design that can reinforce Hong Kong’s position as a leading regional creative hub. This year’s lifestyle fairs are being held together in late April to offer buyers a one-stop, diverse sourcing experience, helping industry players explore cross-sector and cross-disciplinary business opportunities and creating synergies.”The 2025 lifestyle fairs and conferences have attracted some 6,000 exhibitors from over 30 countries and regions, including Mainland China and Hong Kong, as well as Australia, Japan, Korea, Malaysia and Thailand from the Asia-Pacific region, and Italy, Spain, Switzerland and the United States from the European and North American regions. Fashion InStyle will welcome first-time exhibitors from Austria and the UK, while the Printing & Packaging Fair will feature a new participant from Cambodia, reflecting the global business community’s confidence in Hong Kong’s exhibition platform.Creative designs unlock business opportunities, Gifts Fair embraces blind box trendThe Hong Kong Gifts & Premium Fair marks its 40th edition in 2025 with the theme “Celebrating Four Decades of Wonder”, showcasing products that blend functionality with creative design. This year, some exhibitors are tapping into the popular blind box trend. The Jiangxi Province Jingdezhen Pavilion introduces ceramic works that use the blind box model to nurture the next generation of designers and artisans. Hong Kong exhibitor Soap Studio Company Limited showcases blind boxes featuring the popular Japanese character SHO-CHAN and Disney’s Toy Story character Aliens (Booth: HKCEC 1C-E03). Another Hong Kong exhibitor, Star Industrial Co Ltd, presents blind boxes from its Red A brand (Booth: HKCEC 1C-G03).To showcase Hong Kong’s original design talent to the world, 65 award-winning works from the Hong Kong Smart Design Awards 2025, organised by the Hong Kong Exporters’ Association, are on display at the Gifts & Premium Fair (Booth: HKCEC 5C-C02). In addition, Wei Yit Vacuum Flask Manufactory Ltd, a Hong Kong-based company with 85 years of heritage, is leveraging the fair to expand its flagship Camel-brand glass flasks into overseas markets (Booth: HKCEC 1C-E02).The Cultural and Creative Avenue at Home InStyle has been upgraded and expanded this year, featuring more than 100 exhibitors from nine countries and regions including Mainland China, Hong Kong, Taiwan, Indonesia, Japan and the UK. First-time exhibitors from the Czech Republic are showcasing Bohemian crystal glassware, home fragrances and incense (Booth: HKCEC 5E-M07, M09), while Hong Kong exhibitor Canalside Studio presents its innovative “Ball Bearing Bench” that combines a doughnut-inspired design with a roller structure, allowing users to rotate while seated and enjoy a more interactive experience.New Gerontech Living Pavilion targets the silver economyTo support the growing silver economy in Hong Kong, Home InStyle, with funding from the Innovation and Technology Commission, is launching the Gerontech Living Pavilion (Booth: HKCEC 5E-A08) at this year’s fair. The pavilion is divided into four areas – bedroom, living room, bathroom and games room – to showcase innovative gerontechnology products from over 10 local companies, including social robots, smart mobile toilets and smart walking sticks. The Hong Kong Housing Society Elderly Resources Centre is staging the Age-Friendly Home Living Lab and organising the Experiential Empathy Workshop that allows visitors to better understand the needs of the elderly (Booth: HKCEC 5E-A02). In addition, the Hong Kong Productivity Council introduces mixed-reality (MR) games that integrate hand-eye coordination with floral arrangements to stimulate muscular and brain functions (Booth: HKCEC 5E-A08).Home InStyle and the Hong Kong Gifts & Premium Fair will together host a seminar featuring a representative from Venture Global Limited, a developer of wireless elderly home care products, alongside a scholar from Lingnan University to discuss emerging trends in healthcare and the silver economy. The seminar will focus on the development of smart wearable technologies and innovative gerontechnology products, assessing strategies that can effectively meet the needs of the silver demographic.NEXT@Fashion InStyle becomes the new focusThe 2025 edition of Fashion InStyle sees the launch of NEXT@ Fashion InStyle (NEXT), a new highlighted zone organised by the HKTDC and sponsored by the Cultural and Creative Industries Development Agency (CCIDA) of the HKSAR Government. Thailand is the Strategic Partner of NEXT@Fashion InStyle, powered by the Thailand Creative Culture Agency (THACCA) and The National Soft Power Development Committee who have brought some 30 Thai exhibitors to showcase fashion materials that blend Thai culture with sustainability and innovative technologies. In addition to Thai exhibitors, the NEXT zone has brought together more than 60 exhibitors from Mainland China, Europe, the Americas, Australia, Indonesia, Singapore and Vietnam, among others, presenting cutting-edge materials to create an international platform for shaping future fashion trends. Notably, the Hangzhou New Concept Fabric Creative Centre Textile Library has established an innovation hub within NEXT, featuring products that integrate traditional Chinese crafts such as Badu Linen Embroidery, beam printing and tie-dye techniques with advanced materials. (Booth: HKCEC 3F-G11)The NEXT zone has facilitated collaborations between leading advanced material brands and five local designers, with Han Chong, founder of internationally acclaimed fashion brand Self-Portrait, joining as ambassador to share insights and mentor the designers. Participants include designer Jason Ying, a former intern at the Self-Portrait studio, who draws inspiration from vintage military uniforms to reimagine classics using innovative materials (Booth: HKCEC 3F-H16). Another designer, Kinyan Lam, employs Gambiered Canton Silk, a national intangible cultural heritage textile from Guangdong that goes back more than 1,000 years, leveraging its lightweight and soft texture to create streamlined silhouettes and flowing hemlines, blending cultural heritage with contemporary design (Booth: HKCEC 3F-H12).Two packaging fairs highlight sustainability and luxury designJointly organised by the HKTDC and CIEC Exhibition Company (HK) Limited, the 20th edition of the Hong Kong International Printing & Packaging Fair and the concurrent DeLuxe PrintPack Hong Kong bring together a diverse range of printing and packaging solutions. The Green Printing & Packaging Solutions Zone at the Printing & Packaging Fair features innovative offerings, including gift bags from Vietnam’s Intbox Intelligent Packaging Corporation made from 100% recycled paper and biodegradable materials (Booth: AWE 3-G01), and Hong Kong’s Complacent Industrial (H.K.) Limited’s recycled yarn woven ribbons crafted from repurposed plastic bottles and other recycled plastics (Booth: AWE 3-E06). In the Packaging Services and Solutions Zone, Shanghai Forests Packaging Group Co., Ltd. exhibits eco-friendly paper bags and boxes made from recycled kraft paper and biodegradable coatings (Booth: AWE 6-C17).DeLuxe PrintPack Hong Kong, which focuses on premium packaging for fine wines, cosmetics and jewellery, also presents an array of sustainable packaging solutions. Hong Kong exhibitor Man Sang Envelope Manufacturing Factory Co Ltd features FSC-certified paper and meticulous craftsmanship in its advent calendar packaging boxes, seamlessly blending environmental sustainability with luxurious design (Booth: AWE 3-A06).Industry seminars unlock new market opportunitiesThe April lifestyle events are featuring approximately 60 thematic seminars, buyer forums, product promotion and launch events and fashion parades, covering market analysis, cultural creative design, smart industry developments, the silver economy, health and wellness, and sustainability. At Home InStyle and the Gifts & Premium Fair, distinguished speakers will share insights on sustainable consumption trends in the gift and houseware markets and address issues such as how SMEs can navigate the European Union’s latest Packaging and Packaging Waste Regulation (PPWR). The speakers include Steven Baumgaertner, Chairman of the European Associations Cooperation, Steven Choi, Chief Operating Officer of the Green Council, and representatives from the Gold Award winner of the 4th Asia Exhibition of Innovations and Inventions (AEII), the Hong Kong Accreditation Service of the Innovation and Technology Commission, and TÜV Rheinland. Meanwhile, the Printing & Packaging Fair, in collaboration with the Hong Kong Digital Printing Association, will host a seminar featuring industry leaders such as William Ho, the Association’s Honorary Chairman, and representatives from Kanghong Digital Image (hk) Ltd. and eprint Group Limited, to explore how the printing industry can address the dual challenges of competitiveness and innovation.Running concurrently with the five April trade fairs will be the Hong Kong International Licensing Show and Asian Licensing Conference, which start tomorrow and run for three days at the HKCEC.EXHIBITION+ model extends business opportunities for participantsThe HKTDC continues to employ its EXHIBITION+ online-offline integrated model for the fairs, allowing exhibitors to leverage the AI-powered Click2Match business matching platform, hktdc.com Sourcing platform and the Intelligence Hub to extend physical exhibition interactions onto online platforms. Buyers can use the Scan2Match function in the HKTDC Marketplace App to scan exhibitor and product showcase QR codes, record favourite exhibitors, browse product information and make enquiries, allowing discussions to continue online during and after the exhibition. Starting this month, the online promotion period for exhibitors will be extended to one year. For convenience, buyers can register on the HKTDC Marketplace App and download free eBadges for direct venue entry.Photo download: https://bit.ly/4jJYmieThe Hong Kong Trade Development Council’s series of April lifestyle exhibitions opens today, welcoming exhibitors from around the world and showcasing Hong Kong’s pivotal role as a global trade hub.In celebration of its 40th edition, the Hong Kong Gifts & Premium Fair launches a photo booth for visitors to capture memorable moments.The Jingdezhen Pavilion at the Hong Kong Gifts & Premium Fair features ceramic works sold through a blind box model, with proceeds dedicated to nurturing the next generation of ceramic designers and artisans.Hong Kong Gifts & Premium Fair exhibitor Wei Yit Vacuum Flask Manufactory Ltd (Camel) celebrates its 85th anniversary in 2025, aiming to leverage the event to expand its glass-lined thermos flasks and other products into overseas markets.The Cultural and Creative Avenue at Home InStyle has been upgraded and expanded, showcasing a diverse range of innovative cultural and creative design products.Home InStyle introduces the new Gerontech Living Pavilion, featuring the Age-Friendly Home Living Lab from the Hong Kong Housing Society Elderly Resources Centre that allows visitors to better understand the needs of the elderly.Fashion InStyle has launched the new highlighted zone NEXT@Fashion InStyle this year, with internationally acclaimed designer Han Chong serving as project consultant, engaging with designers and sharing insights.The new NEXT@Fashion InStyle highlighted zone at Fashion InStyle showcases garments designed by five designers using advanced materials. Also, Thailand is the Strategic Partner of NEXT@Fashion InStyle, powered by the Thailand Creative Culture Agency (THACCA) and The National Soft Power Development Committee.The Hong Kong International Printing & Packaging Fair showcases a variety of eco-friendly products and solutions, with Hong Kong exhibitor Complacent Industrial (H.K.) Limited presenting recycled yarn woven ribbon made from post-consumer plastic bottles and other recycled plastics.Event details:EventEvent dateOpening hoursVenueHong Kong Gifts & Premium Fair27-29 Apr (Sun-Tue)30 Apr (Wed)9:30am-6:30pm9:30am-5pmHKCECHome InStyleFashion InStyleHong Kong International Printing & Packaging Fair27 Apr (Sun)28-29 Apr (Mon-Tue)30 Apr (Wed)10:30am-5:30pm9:30am-5:30pm9:30am-3:30pmAsiaWorld-ExpoDeLuxe PrintPack Hong KongHong Kong International Licensing Show28-29 Apr (Mon-Tue)30 Apr (Wed)9:30am-6:30pm9:30am-5pmHKCECAsian Licensing ConferenceWebsitesHKTDC Media Room: https://mediaroom.hktdc.com/enHong Kong Gifts & Premium Fair: https://www.hktdc.com/event/hkgiftspremiumfair/enHome InStyle: https://www.hktdc.com/event/homeinstyle/enFashion InStyle: https://www.hktdc.com/event/fashioninstyle/enHong Kong International Printing & Packaging Fair: https://www.hktdc.com/event/hkprintpackfair/enDeLuxe PrintPack Hong Kong: https://www.hktdc.com/event/deluxeprintpackhk/enHong Kong International Licensing Show and Asian Licensing Conference: https://www.hktdc.com/event/hklicensingshow/enMedia enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Home InStyleFraser LiTel: (852) 2584 4369Email: fraser.li@hktdc.orgFashion InStyleSerena CheungTel: (852) 2584 4272Email: serena.hm.cheung@hktdc.orgHK Gifts & Premium Fair, HK International Printing & Packaging Fair and DeLuxe PrintPack Hong KongWinnie KanTel: (852) 2584 4055Email: winnie.wy.kan@hktdc.orgHK International Licensing Show and Asian Licensing ConferenceKaty WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Philippines Job Market Records 11% Annual Growth Despite Recent Hiring Slowdown ACN Newswire

Philippines Job Market Records 11% Annual Growth Despite Recent Hiring Slowdown

Key Highlights:Overall hiring activity in the Philippines grows by 11% year-on-year as of March 2025.Month-on-month hiring activity experiences an 8% decline.Hospitality & Travel sector leads annual hiring growth with a 37% increase.Education and IT & Telecom sectors see year-on-year hiring slowdown of 13% and 8% respectively.MANILA, Apr 28, 2025 - (ACN Newswire via SeaPRwire.com) - Jobs platform, foundit (formerly Monster APAC & ME), today released the foundit Insights Tracker (fit) for the Philippines, highlighting a significant 11% annual growth in hiring activities, despite an 8% month-on-month decline in March 2025The monthly hiring trends reflect seasonal hiring slowdowns post-year-end recruitment drives, budgetary realignments, and cautious hiring sentiment amid evolving economic conditions.Commenting on the Philippines’ job market trends, V Suresh, CEO of foundit, stated, “The continued growth in hiring activity reflects the resilience of the Philippine job market and its steady economic recovery. Key sectors such as Hospitality & Travel, Logistics, and BFSI are driving this momentum. Despite short-term fluctuations, the overall outlook remains positive, with companies strategically focusing on roles that strengthen operational efficiency and enable long-term expansion.”Hospitality & Travel Sector Drives Industry Hiring Growth; Education Sector Faces ChallengesThe Hospitality & Travel sector emerged as the top-performing industry, reporting a 37% year-on-year hiring increase, driven by rising tourist arrivals, infrastructure investments, and supportive governmental policies aimed at bolstering tourism.Logistics, Courier/Freight/Transportation, and Shipping sectors closely followed with 31% annual hiring growth, supported by investments in distribution centres and fleet management.Conversely, the Education sector experienced a 13% year-on-year decline in hiring demand. Similarly, the IT and Telecom sectors recorded an 8% decrease, reflecting cautious employer sentiment amid global economic uncertainties and tech investment realignments.Other sectors demonstrating strong hiring demand annually include BFSI (+13%), Healthcare (+12%), Advertising, Market Research, Public Relations, Media, and Entertainment (+10%), and Engineering, Construction, and Real Estate (+7%). More modest growth was seen in BPO/ITES (+4%), Production/Manufacturing (+3%), Consumer Goods/FMCG (+2%), and Retail (+2%).Purchase and Logistics Professionals in Highest DemandFrom a functional perspective, Purchase/Logistics/Supply Chain roles lead the pack with 36% annual hiring surge, fuelled by expanding operations, supply chain efficiency demands, and significant investments in logistics infrastructure.Sales & Business Development professionals saw 28% growth in demand, alongside Engineering/Production/Real Estate roles at 10%, driven by infrastructure projects and growing market opportunities.However, Software, Hardware, and Telecom professionals experienced a 14% decline in recruitment demand year-on-year, indicative of cautious hiring amid shifting technological priorities and global economic concerns.Moderate increases in hiring were observed for Medical Roles (+10%), Marketing & Communications (+9%), Hospitality Roles (+8%), HR & Admin (+7%), and Finance & Accounts (+6%). Customer Service roles remained stable with no significant annual change (0%).The foundit Insights Tracker is a comprehensive monthly analysis of online job posting activity conducted by jobs platform, foundit. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, the foundit Insights Tracker (FIT) presents a snapshot of employer online recruitment activity nationwide.Timeframe for the ReportThe timeframe for the fit data is March 2024 to March 2025.About foundit - APAC & Middle Eastfoundit, formerly Monster (APAC & ME), is Asia’s leading jobs and talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. In addition to its innovative AI-powered job search, foundit offers e-learning, assessments, and services related to resume creation and interview preparation. foundit has connected over 120 million job seekers across 18 countries with the right job roles and upskilling opportunities. Over the last two decades, the company has been a leader in the world of recruitment solutions and has launched cutting-edge tools to give recruiters access to passive candidates in addition to active ones. With its advanced technology, foundit is efficiently bridging the talent gap across industry verticals, experience levels, and geographies.Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalised job searches and offer precision hiring.To learn more about, foundit in APAC & Gulf, visit: www.foundit.com.ph | www.foundit.sg | www.foundit.my |www.foundit.in | www.founditgulf.com | http://www.foundit.hk| www.foundit.id For media inquiries or further information, please contact:Namrata Sharma Namrata.sharma@adfactorspr.comContact number - +65 81383034 Copyright 2025 ACN Newswire via SeaPRwire.com.
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Strengthening Hong Kong-Zhejiang Ties: The Hong Kong Investment Promotion – Zhejiang Ningbo Forum ACN Newswire

Strengthening Hong Kong-Zhejiang Ties: The Hong Kong Investment Promotion – Zhejiang Ningbo Forum

HONG KONG, Apr 26, 2025 - (ACN Newswire via SeaPRwire.com) – The Hong Kong Investment Promotion Conference – Zhejiang Ningbo Forum cum Ningbo-Hong Kong Economic Co-operation Forum, co-organised by the Hong Kong Trade Development Council (HKTDC), the Hong Kong SAR (HKSAR) Government and Ningbo Municipal People’s Government, was held Friday, Apr. 25, at the Shangri-La Hotel, Ningbo. The event attracted over 600 government and business leaders who discussed collaboration opportunities among Zhejiang, Ningbo and Hong Kong.The event was held on the 20th anniversary of the Ningbo-Hong Kong Economic Co-operation Forum. Hong Kong’s business advantages were highlighted to Zhejiang government officials as well as business leaders from the finance, supply chain, innovation and technology and professional services sectors. In addition to fostering Zhejiang-Hong Kong and Ningbo-Hong Kong collaboration, Zhejiang enterprises were encouraged to leverage Hong Kong’s platform to explore opportunities.The Forum’s opening ceremony was hosted by Mayor of Ningbo and Deputy Secretary of the CPC Ningbo Municipal Government Tang Feifan this morning, with speeches delivered by the HKSAR Chief Executive John Lee, Executive Vice Director of the Hong Kong and Macao Work Office of the CPC Central Committee and the Hong Kong and Macao Affairs Office of the State Council Zhou Ji, Chief Engineer of the Ministry of Industry and Information Technology Xie Shaofeng, Chief Risk Officer and Director General of the Department of Public Offering Supervision of the China Securities Regulatory Commission Yan Bojin, Vice Governor of Zhejiang Provincial Government Lu Shan, Standing Member of the CPC Zhejiang Provincial Committee and Secretary of the CPC Ningbo Municipal Committee Peng Jiaxue and HKTDC Chairman Dr Peter K N Lam.In his speech, Mr Lee said: "The Hong Kong SAR Government and the HKTDC established a high value-added supply chain service mechanism at the end of last year to help mainland enterprises set up international or regional headquarters in Hong Kong to manage offshore trade and supply chains. Hong Kong has robust international trade networks and rich expertise, diverse talent and world-class professional services. We are well positioned to offer mainland enterprises new supply chain services and lead these businesses in exploring emerging markets, breaking through the US blockade."Mr Zhou stated that the historical ties between Zhejiang and Hong Kong are long-standing, with the two regions sharing close personal relations, cultural connections and commercial linkages. Hong Kong is Zhejiang's largest source of foreign investment, the largest partner in trade in services and second-largest destination for Zhejiang's overseas investments. By the end of 2024, Hong Kong has established over 30,000 enterprises in Zhejiang, while Zhejiang had invested in over 3,000 enterprises in Hong Kong. The mutually beneficial collaboration between Zhejiang and Hong Kong is an exemplary model of regional cooperation between the mainland and Hong Kong.Mr Xie stated that Zhejiang's digital economy is vibrant, with outstanding advantages in industry agglomeration and strong momentum in developing industry and information technology. Ningbo and Hong Kong are both international port cities, sharing a close bond, human connection and commercial ties, with a long-standing history of interaction between the two places. Looking towards the future, the Ministry of Industry and Information Technology will continue to support Ningbo and Hong Kong in strengthening exchange and cooperation, promoting complementary advantages to make new and greater contributions to ensure the prosperity of Hong Kong's economy and the nation's modernisation.Mr Yan said that the China Securities Regulatory Commission fully supports mainland enterprises listing in Hong Kong. In March 2023, the China Securities Regulatory Commission implemented new regulations for overseas listings and established a regulatory coordination mechanism with various ministries. Since implementing the new rules, 141 mainland enterprises have completed the filing process for listing in Hong Kong, including 19 enterprises from Zhejiang. Among these, 13 Zhejiang enterprises and one Ningbo enterprise have completed their listing. These companies are involved in key sectors, such as information technology, biomedicine and consumer goods, contributing to the Hong Kong Stock Exchange ranking fourth globally in IPOs in 2024.He pointed out that the next step for the China Securities Regulatory Commission is to continue improving the institutional mechanism to provide a more transparent, efficient and predictable regulatory environment for overseas listings by enterprises.Mr Lu remarked that Hong Kong would become a "super navigator" for Zhejiang's globalisation efforts, while Zhejiang would become Hong Kong's best partner.He said: "In terms of deepening economic cooperation, Zhejiang enterprises can leverage Hong Kong's international platform to further expand into global markets and enhance their brand visibility. Hong Kong enterprises can also increase their investments in Zhejiang and Ningbo to share the benefits of Mainland China's economic development. In the technology field, we see joint efforts by research institutions and enterprises from both sides, and we believe that more technological innovation and industrialisation will be achieved in both regions."Mr Peng stated that for many years, members of Hong Kong’s Ningbo community have been contributing to the development of Hong Kong and the nation, creating many inspiring stories of patriotism showing love for their hometown and showcasing entrepreneurial innovation.He noted: "In recent years, cooperation between Ningbo and Hong Kong has been greatly advanced and continuously deepened, yielding fruitful results. For the people of Ningbo, Hong Kong is not only the world-renowned 'Pearl of the Orient', but also a vital force driving Ningbo's reform, opening up, and modernisation. It is a place of deep emotional connections and an opportunity-rich city linking us to the wider world. Ningbo will strive to elevate Ningbo-Hong Kong cooperation to new heights."Dr Lam said: “This event showcased Hong Kong’s unique advantages as an international business hub and explored how Zhejiang enterprises, particularly those from Ningbo, can leverage our business platform and partner with our expert professional services to optimise their operations and accelerate their global expansion.”Following the opening ceremony, Deputy Financial Secretary of the HKSAR Government Michael Wong introduced Hong Kong’s advantages, encouraging Zhejiang enterprises to utilise Hong Kong's platform to connect with international markets. He noted that since 2022, over 80 key enterprises have established themselves or expanded their operations in Hong Kong, with 80% coming from Mainland China, including many leading companies across fields, such as AI and robotics, data science, advanced manufacturing, clean energy, life and health technology and fintech.Mr Wong said: "In this era, in which the global economy and international trade face significant challenges, we need to unite and work together more than ever. In Hong Kong, we will leverage our strengths to meet the nation's needs and actively integrate into the country's overall development. We hope to join hands with mainland enterprises to create a better tomorrow."In her keynote speech, Casa Bauhinia Co-Founder Prof Anna Pao Sohmen shared insights on future Zhejiang (Ningbo) - Hong Kong collaboration. She stated that Hong Kong enjoys a long-standing legal system, an open free market and an excellent strategic location, and with the enterprising spirit of Ningbo enterprises, they can surely create golden opportunities. She said: "The pragmatic and open approach of Ningbo, combined with Hong Kong's 'Lion Rock spirit' and can-do approach, will certainly lead to breakthroughs."During the event, Invest Hong Kong signed MOUs with 12 Zhejiang (including Ningbo) enterprise representatives, advancing key Zhejiang-Hong Kong and Ningbo-Hong Kong collaboration projects.On Thursday, HKSAR Chief Executive John Lee and Secretary of the Zhejiang Provincial Committee Wang Hao attended the First Plenary Session of the Hong Kong/Zhejiang Co-operation Conference. The Zhejiang/Hong Kong co-operation mechanism was established during the conference, marking a new chapter for comprehensive exchange and collaboration between the two regions. At the meeting, the two governments signed MoUs on 13 key areas, covering 51 projects. One MoU signed between HKTDC and the Department of Commerce of Zhejiang Province outlined aims for the HKTDC to proactively encourage Hong Kong businesses to invest and expand in Zhejiang, and to also organise trade delegations from various sectors to visit Zhejiang. The two counterparts will continue to explore new areas of trade collaboration to promote high-quality development.During the panel discussion on Friday, distinguished guests – including Chairman of the Hong Kong Science and Technology Parks Corporation Dr Sunny Chai, Chief Executive of Hong Kong Exchanges and Clearing Limited Bonnie Chan; and Chief Executive Officer of the Airport Authority Hong Kong Vivian Cheung – exchanged thoughts on collaboration opportunities in finance, I&T and supply chain. Executive Director and Co-President of Tigermed Hao Wu also shared his company’s success in achieving international growth by leveraging Hong Kong’s platform.The three thematic roundtable sessions held in the afternoon attracted numerous enterprises. Focusing on topics such as listing in Hong Kong, opportunities for innovation and technology companies, and cross-border supply chain management, the sessions brought together institutions and businesses from Hong Kong and Zhejiang for in-depth and targeted discussions on future collaborations.During the event, HKTDC, Invest Hong Kong and the Immigration Department of the HKSAR Government set up consultation booths to provide professional advisory services to attendees.The forum has become an important platform for deepening Zhejiang-Hong Kong collaboration, enabling more mainland enterprises to leverage Hong Kong’s business advantages and partner with its professional services sector to expand globally.Photo download: https://bit.ly/3GonfSlHKSAR Chief Executive John Lee (seventh left), Executive Vice Director of the Hong Kong and Macao Work Office of the CPC Central Committee and the Hong Kong and Macao Affairs Office of the State Council Zhou Ji (sixth left), Chief Engineer of the Ministry of Industry and Information Technology Xie Shaofeng (fifth right), Chief Risk Officer and Director General of the Department of Public Offering Supervision of the China Securities Regulatory Commission Yan Bojin (fourth left), Vice Governor of Zhejiang Provincial Government Lu Shan (fifth left), Standing Member of the CPC Zhejiang Provincial Committee and Secretary of the CPC Ningbo Municipal Committee Peng Jiaxue (sixth right), Mayor of Ningbo and Deputy Secretary of the CPC Ningbo Municipal Government Tang Feifan (second left), HKTDC Chairman Dr Peter K N Lam (third right) and HKTDC Executive Director Margaret Fong (first right) attended Hong Kong Investment Promotion Conference – Zhejiang Ningbo Forum cum Ningbo-Hong Kong Economic Co-operation Forum todayHKSAR Chief Executive John LeeExecutive Vice Director of the Hong Kong and Macao Work Office of the CPC Central Committee and the Hong Kong and Macao Affairs Office of the State Council Zhou JiChief Engineer of the Ministry of Industry and Information Technology Xie ShaofengChief Risk Officer and Director General of the Department of Public Offering Supervision of the China Securities Regulatory Commission Yan BojinVice Governor of Zhejiang Provincial Government Lu ShanStanding Member of the CPC Zhejiang Provincial Committee and Secretary of the CPC Ningbo Municipal Committee Peng JiaxueHKTDC Chairman Dr Peter K N LamDeputy Financial Secretary of the HKSAR Government Michael WongCo-founder of Casa Bauhinia Prof Anna Pao SohmenDuring the panel discussion, distinguished guests, including Chairman of the Hong Kong Science and Technology Parks Corporation Dr Sunny Chai (2nd left), Chief Executive of Hong Kong Exchanges and Clearing Limited Bonnie Chan (2nd right); and Chief Executive Officer of the Airport Authority Hong Kong Vivian Cheung (1st right), exchanged thoughts on collaboration opportunities in finance, I&T and supply chainDuring the event, Invest Hong Kong signed MOUs with 12 Zhejiang enterprise representatives, advancing key Zhejiang-Hong Kong and Ningbo-Hong Kong collaboration projects. HKTDC, Invest Hong Kong and the Immigration Department of the HKSAR Government set up consultation booths to provide professional advisory services to attendeesMedia enquiriesCity Express (PR agency):Lou JinjingTel: (86) 15005897910Email: loujinjing@hbjt.com.cnLiu YingTel: (86) 15706780806Email: 894353323@qq.comHKTDC’s Shanghai Office:Sun PingTel: (86) 21-63528488Email: p.sun@hktdc.orgHKTDC’s Communications & Public Affairs Department:Jane CheungTel: (852) 2584 4137Email: jane.mh.cheung@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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Strengthening Hong Kong-Zhejiang ties ACN Newswire

Strengthening Hong Kong-Zhejiang ties

- Hong Kong Investment Promotion Conference – Zhejiang Ningbo Forum cum Ningbo-Hong Kong Economic Co-operation Forum was successfully held in Ningbo, attracting over 600 government and business leaders- Promoted Hong Kong’s role as superconnector and super value-adder to Zhejiang’s business community, focusing on competitive advantages in finance, supply chain, innovation and technology and professional services- Three roundtable sessions facilitated comprehensive business networking between Zhejiang, Ningbo and Hong KongHONG KONG, Apr 25, 2025 - (ACN Newswire via SeaPRwire.com) – The Hong Kong Investment Promotion Conference – Zhejiang Ningbo Forum cum Ningbo-Hong Kong Economic Co-operation Forum, co-organised by the Hong Kong Trade Development Council (HKTDC), the Hong Kong SAR (HKSAR) Government and Ningbo Municipal People’s Government, was held today at the Shangri-La Hotel, Ningbo. The event attracted over 600 government and business leaders who discussed collaboration opportunities among Zhejiang, Ningbo and Hong Kong.The event was held on the 20th anniversary of the Ningbo-Hong Kong Economic Co-operation Forum. Hong Kong’s business advantages were highlighted to Zhejiang government officials as well as business leaders from the finance, supply chain, innovation and technology and professional services sectors. In addition to fostering Zhejiang-Hong Kong and Ningbo-Hong Kong collaboration, Zhejiang enterprises were encouraged to leverage Hong Kong’s platform to explore opportunities.The Forum’s opening ceremony was hosted by Mayor of Ningbo and Deputy Secretary of the CPC Ningbo Municipal Government Tang Feifan this morning, with speeches delivered by the HKSAR Chief Executive John Lee, Executive Vice Director of the Hong Kong and Macao Work Office of the CPC Central Committee and the Hong Kong and Macao Affairs Office of the State Council Zhou Ji, Chief Engineer of the Ministry of Industry and Information Technology Xie Shaofeng, Chief Risk Officer and Director General of the Department of Public Offering Supervision of the China Securities Regulatory Commission Yan Bojin, Vice Governor of Zhejiang Provincial Government Lu Shan, Standing Member of the CPC Zhejiang Provincial Committee and Secretary of the CPC Ningbo Municipal Committee Peng Jiaxue and HKTDC Chairman Dr Peter K N Lam.In his speech, Mr Lee said: "The Hong Kong SAR Government and the HKTDC established a high value-added supply chain service mechanism at the end of last year to help mainland enterprises set up international or regional headquarters in Hong Kong to manage offshore trade and supply chains. Hong Kong has robust international trade networks and rich expertise, diverse talent and world-class professional services. We are well positioned to offer mainland enterprises new supply chain services and lead these businesses in exploring emerging markets, breaking through the US blockade."Mr Zhou stated that the historical ties between Zhejiang and Hong Kong are long-standing, with the two regions sharing close personal relations, cultural connections and commercial linkages. Hong Kong is Zhejiang's largest source of foreign investment, the largest partner in trade in services and second-largest destination for Zhejiang's overseas investments. By the end of 2024, Hong Kong has established over 30,000 enterprises in Zhejiang, while Zhejiang had invested in over 3,000 enterprises in Hong Kong. The mutually beneficial collaboration between Zhejiang and Hong Kong is an exemplary model of regional cooperation between the mainland and Hong Kong.Mr Xie stated that Zhejiang's digital economy is vibrant, with outstanding advantages in industry agglomeration and strong momentum in developing industry and information technology. Ningbo and Hong Kong are both international port cities, sharing a close bond, human connection and commercial ties, with a long-standing history of interaction between the two places. Looking towards the future, the Ministry of Industry and Information Technology will continue to support Ningbo and Hong Kong in strengthening exchange and cooperation, promoting complementary advantages to make new and greater contributions to ensure the prosperity of Hong Kong's economy and the nation's modernisation.Mr Yan said that the China Securities Regulatory Commission fully supports mainland enterprises listing in Hong Kong. In March 2023, the China Securities Regulatory Commission implemented new regulations for overseas listings and established a regulatory coordination mechanism with various ministries. Since implementing the new rules, 141 mainland enterprises have completed the filing process for listing in Hong Kong, including 19 enterprises from Zhejiang. Among these, 13 Zhejiang enterprises and one Ningbo enterprise have completed their listing. These companies are involved in key sectors, such as information technology, biomedicine and consumer goods, contributing to the Hong Kong Stock Exchange ranking fourth globally in IPOs in 2024.He pointed out that the next step for the China Securities Regulatory Commission is to continue improving the institutional mechanism to provide a more transparent, efficient and predictable regulatory environment for overseas listings by enterprises.Mr Lu remarked that Hong Kong would become a "super navigator" for Zhejiang's globalisation efforts, while Zhejiang would become Hong Kong's best partner.He said: "In terms of deepening economic cooperation, Zhejiang enterprises can leverage Hong Kong's international platform to further expand into global markets and enhance their brand visibility. Hong Kong enterprises can also increase their investments in Zhejiang and Ningbo to share the benefits of Mainland China's economic development. In the technology field, we see joint efforts by research institutions and enterprises from both sides, and we believe that more technological innovation and industrialisation will be achieved in both regions."Mr Peng stated that for many years, members of Hong Kong’s Ningbo community have been contributing to the development of Hong Kong and the nation, creating many inspiring stories of patriotism showing love for their hometown and showcasing entrepreneurial innovation.He noted: "In recent years, cooperation between Ningbo and Hong Kong has been greatly advanced and continuously deepened, yielding fruitful results. For the people of Ningbo, Hong Kong is not only the world-renowned 'Pearl of the Orient', but also a vital force driving Ningbo's reform, opening up, and modernisation. It is a place of deep emotional connections and an opportunity-rich city linking us to the wider world. Ningbo will strive to elevate Ningbo-Hong Kong cooperation to new heights."Dr Lam said: “This event showcased Hong Kong’s unique advantages as an international business hub and explored how Zhejiang enterprises, particularly those from Ningbo, can leverage our business platform and partner with our expert professional services to optimise their operations and accelerate their global expansion.”Following the opening ceremony, Deputy Financial Secretary of the HKSAR Government Michael Wong introduced Hong Kong’s advantages, encouraging Zhejiang enterprises to utilise Hong Kong's platform to connect with international markets. He noted that since 2022, over 80 key enterprises have established themselves or expanded their operations in Hong Kong, with 80% coming from Mainland China, including many leading companies across fields, such as AI and robotics, data science, advanced manufacturing, clean energy, life and health technology and fintech.Mr Wong said: "In this era, in which the global economy and international trade face significant challenges, we need to unite and work together more than ever. In Hong Kong, we will leverage our strengths to meet the nation's needs and actively integrate into the country's overall development. We hope to join hands with mainland enterprises to create a better tomorrow."In her keynote speech, Casa Bauhinia Co-Founder Prof Anna Pao Sohmen shared insights on future Zhejiang (Ningbo) - Hong Kong collaboration. She stated that Hong Kong enjoys a long-standing legal system, an open free market and an excellent strategic location, and with the enterprising spirit of Ningbo enterprises, they can surely create golden opportunities.She said: "The pragmatic and open approach of Ningbo, combined with Hong Kong's 'Lion Rock spirit' and can-do approach, will certainly lead to breakthroughs."During the event, Invest Hong Kong signed MOUs with 12 Zhejiang (including Ningbo) enterprise representatives, advancing key Zhejiang-Hong Kong and Ningbo-Hong Kong collaboration projects.Yesterday, HKSAR Chief Executive John Lee and Secretary of the Zhejiang Provincial Committee Wang Hao attended the First Plenary Session of the Hong Kong/Zhejiang Co-operation Conference. The Zhejiang/Hong Kong co-operation mechanism was established during the conference, marking a new chapter for comprehensive exchange and collaboration between the two regions. At the meeting, the two governments signed MoUs on 13 key areas, covering 51 projects. One MoU signed between HKTDC and the Department of Commerce of Zhejiang Province outlined aims for the HKTDC to proactively encourage Hong Kong businesses to invest and expand in Zhejiang, and to also organise trade delegations from various sectors to visit Zhejiang. The two counterparts will continue to explore new areas of trade collaboration to promote high-quality development.During the panel discussion today, distinguished guests – including Chairman of the Hong Kong Science and Technology Parks Corporation Dr Sunny Chai, Chief Executive of Hong Kong Exchanges and Clearing Limited Bonnie Chan; and Chief Executive Officer of the Airport Authority Hong Kong Vivian Cheung – exchanged thoughts on collaboration opportunities in finance, I&T and supply chain. Executive Director and Co-President of Tigermed Hao Wu also shared his company’s success in achieving international growth by leveraging Hong Kong’s platform.The three thematic roundtable sessions held in the afternoon attracted numerous enterprises. Focusing on topics such as listing in Hong Kong, opportunities for innovation and technology companies, and cross-border supply chain management, the sessions brought together institutions and businesses from Hong Kong and Zhejiang for in-depth and targeted discussions on future collaborations.During the event, HKTDC, Invest Hong Kong and the Immigration Department of the HKSAR Government set up consultation booths to provide professional advisory services to attendees.The forum has become an important platform for deepening Zhejiang-Hong Kong collaboration, enabling more mainland enterprises to leverage Hong Kong’s business advantages and partner with its professional services sector to expand globally.Photo download: https://bit.ly/3GonfSlHKSAR Chief Executive John Lee (seventh left), Executive Vice Director of the Hong Kong and Macao Work Office of the CPC Central Committee and the Hong Kong and Macao Affairs Office of the State Council Zhou Ji (sixth left), Chief Engineer of the Ministry of Industry and Information Technology Xie Shaofeng (fifth right), Chief Risk Officer and Director General of the Department of Public Offering Supervision of the China Securities Regulatory Commission Yan Bojin (fourth left), Vice Governor of Zhejiang Provincial Government Lu Shan (fifth left), Standing Member of the CPC Zhejiang Provincial Committee and Secretary of the CPC Ningbo Municipal Committee Peng Jiaxue (sixth right), Mayor of Ningbo and Deputy Secretary of the CPC Ningbo Municipal Government Tang Feifan (second left), HKTDC Chairman Dr Peter K N Lam (third right) and HKTDC Executive Director Margaret Fong (first right) attended Hong Kong Investment Promotion Conference – Zhejiang Ningbo Forum cum Ningbo-Hong Kong Economic Co-operation Forum todayHKSAR Chief Executive John LeeExecutive Vice Director of the Hong Kong and Macao Work Office of the CPC Central Committee and the Hong Kong and Macao Affairs Office of the State Council Zhou JiChief Engineer of the Ministry of Industry and Information Technology Xie ShaofengChief Risk Officer and Director General of the Department of Public Offering Supervision of the China Securities Regulatory Commission Yan BojinVice Governor of Zhejiang Provincial Government Lu ShanStanding Member of the CPC Zhejiang Provincial Committee and Secretary of the CPC Ningbo Municipal Committee Peng JiaxueHKTDC Chairman Dr Peter K N LamDeputy Financial Secretary of the HKSAR Government Michael WongCo-founder of Casa Bauhinia Prof Anna Pao SohmenDuring the panel discussion, distinguished guests, including Chairman of the Hong Kong Science and Technology Parks Corporation Dr Sunny Chai (second left), Chief Executive of Hong Kong Exchanges and Clearing Limited Bonnie Chan (second right); and Chief Executive Officer of the Airport Authority Hong Kong Vivian Cheung (first right), exchanged thoughts on collaboration opportunities in finance, I&T and supply chainDuring the event, Invest Hong Kong signed MOUs with 12 Zhejiang enterprise representatives, advancing key Zhejiang-Hong Kong and Ningbo-Hong Kong collaboration projects. HKTDC, Invest Hong Kong and the Immigration Department of the HKSAR Government set up consultation booths to provide professional advisory services to attendeesMedia enquiriesCity Express (PR agency):Lou JinjingTel: (86) 15005897910Email: loujinjing@hbjt.com.cnLiu YingTel: (86) 15706780806Email: 894353323@qq.comHKTDC’s Shanghai Office:Sun PingTel: (86) 21-63528488Email: p.sun@hktdc.orgHKTDC’s Communications & Public Affairs Department:Jane CheungTel: (852) 2584 4137Email: jane.mh.cheung@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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Graphene Manufacturing Group Provides Quarterly ATM Sales Update ACN Newswire

Graphene Manufacturing Group Provides Quarterly ATM Sales Update

Brisbane, Queensland, Australia--(ACN Newswire via SeaPRwire.com - April 25, 2025) - Graphene Manufacturing Group Limited (TSXV: GMG) ("GMG" or the "Company") provides a quarterly update with respect to the Company's previously announced "at-the-market" equity program (the "ATM Program") launched on June 13, 2024. The ATM Program allows the Company to issue and sell, from time to time, up to C$20,000,000 of its ordinary shares ("Ordinary Shares") from treasury to the public, at the Company's discretion, pursuant to an equity distribution agreement between the Company and Cantor Fitzgerald Canada Corporation (the "Agent").During the quarterly period ended March 31, 2025, the Company issued a total of 866,500 Ordinary Shares on the TSX Venture Exchange (the "TSXV") at an average price of C$0.7965 per share under the ATM Program, providing gross proceeds of C$690,196.80. Commissions of C$20,705.90 were paid to the Agent in relation to these distributions, resulting in net proceeds to the Company of C$669,490.90.For further details on the ATM Program, see the Company's news release dated June 14, 2024.About GMG www.graphenemg.comGMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of G+AI Batteries.For further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/249768 Copyright 2025 ACN Newswire via SeaPRwire.com.
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Edvantage Group Announces FY2025 Interim Results ACN Newswire

Edvantage Group Announces FY2025 Interim Results

Highlights (Unaudited relevant data for the six months ended 28 February 2025)- Revenue increased by 7.5% YoY to approximately RMB1,247.5 million;- Number of student enrolled up by 4.4%, against last corresponding period, to approximately 100,300;- Cash and cash equivalents amounted to RMB2,070.8 million, ample liquidity;- Interim dividend 6.6 HK cents per share, dividend payout ratio 30%.HONG KONG, Apr 25, 2025 - (ACN Newswire via SeaPRwire.com) – Edvantage Group Holdings Limited (“Edvantage Group” or the “Group”, stock code: 0382.HK) has announced its unaudited FY2025 Interim Results for the six months ended 28 February 2025 (the “Reporting Period”). With the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) giving it advantage in school operation, the Group continued to increase investment in artificial intelligence (AI), industry-education integration, internationalization, innovation and entrepreneurship, teaching team, and campus facilities, as such, strengthened its high-quality education brand.During the Reporting Period, the Group made revenue of approximately RMB1,247.5 million, a 7.5% increase against the last corresponding period. The increase was mainly attributable to the increase in student enrollment at the Group’s Huashang Vocational College and Urban Vocational College, as well as the rise in the average tuition fees at its schools in China. The Group’s cash and cash equivalents amounted to RMB2,070.8 million, indicating of its ample liquidity. The number of students enrolled in the Group’s schools continued to climb year by year, reaching approximately 100,300, up by approximately 4.4% year-on-year. The Board of Directors recommended payment of an interim dividend of HK6.6 cents per share for the six months ended 28 February 2025, representing a dividend payout ratio of 30%, which is also marked as the Group’s 12th consecutive dividend payout since listing.From left to right: Ms. Liu Wenqi, Chief Operating Officer; Ms. Liu Yi Man, Executive Director and Chief Executive Officer; Mr. Liu Yuk Tung, Chief Financial Officer.Increasing investment in high-quality education to build a world-renowned education brandThe Group has held fast to the educational philosophy of “building a century-old prestigious school and nurturing outstanding talents for China”, believing that strategic investment and visionary planning are crucial to developing a high-quality education brand. During the Reporting Period, the Group acquired the land use rights of three plots on the Jiangmen campus, giving it a solid foundation to continue to expand school capacity and accommodate future student growth. The Group also actively brought in industry experts and academic leaders and vigorously expanded its dual-qualified teaching team. Moreover, via overseas inclusive courses, expanding its international institutional cooperation network, and broadening teachers’ and students’ international horizon the Group has been facilitating overseas expansion of China’s vocational education.Closely following national policies and actively embracing educational reforms and vigorously developing “AI + talent training” and industry-education integrationIn the new era of AI deeply empowering education, the Group has adopted "AI + talent cultivation" as core strategy, comprehensively upgrading the education system by building intelligent education platform, introducing AI teaching assistants, AI general education courses, etc. The Group is also continuously strengthening the integration of industry and education, focusing on emerging fields such as AI, smart manufacturing, and the digital economy. Through collaborations with leading enterprises including Huawei, Baidu, and JD.com, the Group has established industry-specific colleges, workshops, and real-world corporate projects to ensure precise alignment with industry needs, as well as continuing to nurture highly-skilled talent for national strategic industries.Future ProspectsLooking ahead, open to opportunities of the industrial upgrade of the GBA and development of national strategic emerging industries, the Group will closely follow national policies and seize the “Golden 15-year window” for high-quality development in higher vocational education. It will actively align with talent demands of the GBA, flexibly optimize its academic program offerings, and continue to enhance education quality and strengthen its educational distinctiveness, striving to build a globally renowned education brand, while delivering long-term sustainable value to shareholders.About Edvantage Group Holdings LimitedEdvantage Group Holdings Limited (“Edvantage Group” or the “Group”, stock code: 0382.HK) is the largest private business higher education and vocational education group in the Greater Bay Area, and an early mover in education sector in pursuing international expansion, listed in Hong Kong Main Board on 16 July 2019. The total number of full-time student enrolments of the Group was approximately 100,300 as of 28 February 2025. Operated 9 private education institutions, namely, Guangzhou Huashang College (Applied Undergraduate), Guangzhou Huashang Vocational College (Higher Vocational Education) and Guangdong Huashang Technical School (Secondary Vocational Education) located in Guangdong Province, the PRC; Urban Vocational College of Sichuan (Higher Vocational Education) and Urban Technician College of Sichuan (Secondary Vocational Education) in Sichuan Province, the PRC; GBA Business School (GBABS) in Hong Kong, the PRC; Global Business College of Australia (GBCA) and Edvantage Institute Australia (EIA) in Australia; as well as Edvantage Institute (Singapore) (EIS) in the downtown of Singapore.While focusing on school operations, the Group also actively fulfil corporate social responsibility, extensively contributing to social welfare programmes including charity, poverty alleviation, education and revitalisation, in order to take the initiative in repaying society through action. Since its listing, the Group has made outstanding contributions in the field of ESG and has won the “Best ESG Innovation Award” from Zhitong Finance and the “Outstanding Enterprise for ESG Innovative Practice” from Gelonghui in 2024. Copyright 2025 ACN Newswire via SeaPRwire.com.
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TIME Interconnect Technology Limited Announces Final Results For The Year Ended 31 December 2024 ACN Newswire

TIME Interconnect Technology Limited Announces Final Results For The Year Ended 31 December 2024

HONG KONG, Apr 25, 2025 - (ACN Newswire via SeaPRwire.com) – TIME Interconnect Technology Limited (“TIME Interconnect”, Stock Code: 1729.HK, with its subsidiaries collectively referred to as the “Group”) , a leading manufacturer of cable assembly, digital cable, and server products, has recently announced its final results for the year ended 31 December 2024 is pleased to announce its final results for the year ended 31 December 2024 (the “Current Year” or “FY2024”). The Group achieved record-breaking growth, driven by strategic expansions in high-margin sectors and excellent execution. During the FY2024, global economic growth experienced a notable slowdown, primarily due to persistently high borrowing costs, the gradual withdrawal of fiscal support, and heightened geo-economic fragmentation. These factors collectively exerted downward pressure on overall market demand. Moreover, cyclical imbalances among major economies began to stabilise, with economic activities gradually returning to potential levels. Amid this challenging macroeconomic landscape, the Group demonstrated agility and resilience by accelerating its business transformation and product upgrades. Notably, it capitalised on the surging demand for server and data centre infrastructure driven by the rapid emergence of artificial intelligence (AI), which remained a key growth engine and contributed to strong revenue performance in the data centre and specialty cable segments. For the Current Year, the Group recorded revenue amounting to HK$7,388.8 million, represented an increase of HK$2562.5 million or 53.1% as compared with HK$4,826.3 million for the Previous Year. Operating profit for the Current Year was HK$623.6 million, represented an increase of HK$190.2 million or 43.9%, as compared with HK$433.4 million for the Previous Year. The operating profit margin dropped slightly from 9.0% to 8.4% for the Current Year, primarily attributable to an increase in research and development expenditure. Net profit of the Current Year was HK$450.5 million, represented an increase of HK$172.9 million or 62.3%, as compared with HK$277.6 million for the Previous Year, with the net profit margin raised from 5.8% to 6.1% for the Current Year*. Basic earnings per share for the Current Year was HK23.2 cents as compared to the basic earnings per share of HK14.2 cents in the Previous Year. Business Review The Group’s turnover by market sector is as follows: Market SectorTurnover (HK$ million) Share of Turnover Year ended 31 December 2024Nine months ended 31 December 2023ChangesYear ended 31 December 2024Nine months ended 31 December 2023Cable assembly Data centre1,213.5 791.0 53.4% 16.4% 16.4% Telecommunication566.8 555.4 2.1% 7.7% 11.5% Medical equipment 816.6 258.0 216.5% 11.1% 5.3% Industrial equipment 29.2 24.4 19.7% 0.4% 0.5% Automotive 157.7 100.4 57.1% 2.1% 2.1% Digital cable Networking cable 1,179.9 788.7 49.6% 16.0% 16.4% Specialty cable 237.0 77.0 207.8% 3.2% 1.6% Server 3,188.1 2,231.4 42.9% 43.1% 46.2% Total 7,388.8 4,826.3 53.1% 100% 100% Data centre sectorThe revenue of the data centre segment increased by HK$422.5 million to HK$1,213.5 million for the Current Year as compared to HK$791.0 million for the Previous Year. Benefiting from the surge in artificial intelligence and server upgrades, shipment levels remained strong during the FY2024, and the sector remained to be the highest revenue contributor in the cable assembly business. Telecommunication sectorRevenue from the telecommunication sector rose by HK$11.4 million to HK$566.8 million for the Current Year, compared to HK$555.4 million in the Previous Year. Although part of the production capacity has been shifted to data centre sector due to its order volume increased. But better margin orders of telecommunication sector have been retained to improve the product portfolio of overall cable assembly business. Medical equipment sectorDuring the Current Year, the Group paid more attention and efforts in the medical equipment cables business and continued to enhance its medical equipment customers base, as well as to strengthen its R&D capabilities. Benefited from the setup of two new plants last year, Time Kunshan and Time Jiangxi, and expanded production capacity and R&D capabilities for medical equipment cables products, the revenue of the medical equipment sector for the Current Year significantly increased to HK$816.6 million, representing a substantial rise of HK$558.6 million compared to HK$258.0 million for the Previous Year. The Group continued to increase investment in this sector, enhancing both production capacity and R&D capabilities. The Group expects that, with growing health awareness, demand for medical equipment will continue to rise. Industrial equipment sectorDespite the underperforming global economic recovery, and the pressures from high inflation and interest rates on economic activities, the revenue of the industrial equipment sector increased. The revenue rose from HK$24.4 million in the Previous Year to HK$29.2 million for the FY2024, representing an increase of 19.7%. Automotive sectorDespite the ongoing impact of geopolitics and the trade war, sales orders for automotive wire harness products remained at a relatively low level. However, the revenue of the automotive sector increased to HK$157.7 million for the Current Year, up by HK$57.3 million from HK$100.4 million in the Previous Year. The Group still believes that the automotive wiring products can help the Group to provide its customers with a broader product portfolio, and to step into a new business sector by enriching the Group’s business portfolio and broadening its unique customer base, which can capture opportunities brought by the booming electric vehicle market. Additionally, the Group established a wholly-owned subsidiary, Linkz Cables Mexico S. de R.L. de C.V. ("Linkz Mexico"), in Mexico, aiming to increase its market share outside China and Asia. Networking cable sectorEven a lot of negative factors, such as the divergences between countries, war, high interest rates, strong US dollar and high inflation, were remained exist, during the FY2024, overseas orders for the networking cable sector continued to improve, with revenue rising to HK$1,179.9 million, an increase of HK$391.2 million from HK$788.7 million in the Previous Year. The increase in copper prices reflects ongoing growth in market demand. Furthermore, the establishment of Linkz Mexico has helped enhance the Group's market share in the United States and Mexico. Specialty cable sectorDriven by the surge in demand for high-speed cables fuelled by artificial intelligence applications, the specialty cable sector experienced robust growth. Revenue for the sector increased significantly to HK$237.0 million for the FY2024, up by HK$160.0 million or 207.8% compared to HK$77.0 million in the Previous Year. The growth in high-speed cables also contributed to improved profit margins, further enhancing the Group's overall profitability. Server sectorDuring the Current Year, the revenue of the server sector grew significantly to HK$3,188.1 million, an increase of HK$956.7 million compared to HK$2,231.4 million in the Previous Year. Despite challenges in the first half of the year due to shortages in key component supplies, the Group worked very hard to find all the business solutions to cope with this situation. Finally, the supply of these key components has been resolved and the production has been resumed immediately, leading to a strong recovery in the second half. Continued strong demand for servers further drove business growth. ProspectDespite challenges in the macroeconomic environment, including global growth uncertainties and geopolitical tensions, the Group’s management remains confident in its future business development. Looking ahead, the Group will continue to embrace flexibility and continuous innovation, focusing on strengthening supply chain resilience, expanding international presence, and driving diversified business growth to ensure long-term development. In the FY2024, the Group has proactively expanded its overseas business with the establishment of Linkz Mexico, a wholly-owned subsidiary. The new factory is expected to commence full production within the year, primarily manufacturing digital cables and automotive wire harness products. This aligns with the "China-Plus-One" strategy, mitigating geopolitical risks and ensuring export stability. With the rapid growth in demand for electric vehicles, automotive wire harness products have become a key driver for the Group’s next phase of growth. Meanwhile, the acceleration of global 5G deployment, along with the normalisation of remote work and cloud applications, will continue to propel the Group’s growth in telecommunications cables and server solutions. In the server segment, the Group has successfully expanded its data centre product line through its JDM/ODM business model, continuously customising solutions to meet the needs of brand clients. Riding on the PRC government’s “channelling computing resources from the eastern areas to the western regions” initiative and leveraging Luxshare Group’s technological platform and market resources, the Group will further scale its data centre business and seize the significant market opportunities arising from the rapid advancement of artificial intelligence, big data, and cloud computing. In the medical technology sector, Dr. Cua Tin Yin Simon, the Group’s CEO, remains optimistic about the prospects, “In 2024, the Group further increased its investments, including a stake in a Japanese medical and healthcare company with a proven operational history of over 30 years. In addition, the Group invested in a UK-based startup with seven years of professional experience in haptics and virtual reality. This company has developed innovative wearable haptic technology capable of simulating weight, resistance, and assistive forces in virtual environments. With initial applications in digital health and fitness within the spatial computing space, the technology merges wellness, fitness, and gaming to optimise human performance—targeting the vast markets of gaming and neuromuscular rehabilitation. The Group believes that these strategic investments will allow it to leverage the companies’ technological expertise and create synergy in developing medical-related products, particularly in R&D, manufacturing, and global market expansion. In line with our expansion strategy, two new liaison offices—Time US and Time UK—have also been established to deepen our global business presence.” Additionally, in 2024, Dr. Cua facilitated the establishment of the Medical Engineering and Innovation Council under the Federation of Hong Kong Industries (FHKI), where he serves as Co-Chair alongside Chuang Tzu Hsiung, Chairman of both FHKI and the Hong Kong New Industrialisation Development Alliance. The council is dedicated to establish a medical engineering frontier tracking mechanism to deeply explore technology transformation and commercialization potential. Secondly, it constructs an integrated "Government-Industry-University-Research-Investment" collaborative platform, consolidating government policies, university R&D, clinical resources, and industrial capital. By establishing joint laboratories and rapid conversion channels, it accelerates the commercialization of scientific research outcomes. Simultaneously, the council strengthens cross-border cooperation by connecting global innovation networks, introducing international certification bodies and technology transfer platforms, assisting Hong Kong enterprises in overcoming overseas market access barriers, and establishing cross-border industry-university-research bases to reinforce the region's innovation hub status. Finally, it implements a full-cycle industry cultivation program, providing comprehensive support for start-ups from prototype development, regulatory certification, clinical trials to mass production. While promoting traditional industry transformation and global market expansion, it facilitates the formation of a complete ecosystem for Hong Kong's medical technology industry - "Research & Development - Conversion - Industrialization" - to address global health challenges and enhance international competitiveness. The Group believes that, while pursuing business growth, it is also essential to fulfill its corporate social responsibility by actively addressing social issues such as health, innovation, and industry upgrading. Moving forward, the Group will focus on high-potential areas, leveraging innovation, collaboration, and sustainability to strengthen its core competitiveness and position itself as a leading provider of network solutions and medical technology infrastructure, creating greater value for shareholders and society. Key Milestone - Establishment of the Medical Engineering and Innovation Council About TIME Interconnect Technology Limited TIME Interconnect Technology Limited is a well-established supplier of customised interconnect solutions with over 30 years’ experience in the industry. The Group is headquartered in Hong Kong, and has manufacturing facilities in Shanghai, Suzhou, Jiangxi and Huizhou, the People’s Republic of China (“PRC”), Japan and Mexico. The Group currently manufactures and supplies a wide variety of copper & optical fiber cable assemblies, digital cable products and servers which are produced to the specifications and designs of its individual customer partners. Its products are used by a number of established PRC and international customers in a variety of market sectors, including telecommunication, data centre, industrial equipment, medical equipment, automotive wire harness, digital cable and server. This press release is disseminated by Bright Communications International Limited on behalf of TIME Interconnect Technology Limited. For further enquiries, please contact Bright Communications International Limited: Ms. Ashley KungTel: (852) 46371627Mob: (852) 6608 9927Email:ashley.kung@brightcommns.com*Note: The financial year end date of the Company has been changed from 31 March to 31 December in July 2023. For details, please refer to the Company’s announcement dated 24 July 2023. In view of this change, the consolidated financial statements of the Group cover the twelve-month period from 1 January 2024 to 31 December 2024 and the comparative figures cover the nine-month period from 1 April 2023 to 31 December 2023. It should be noted that the financial data presented herein are being compared with that for the nine-month period ended 31 December 2023. The difference in duration of the two financial periods should be considered when making year-on-year comparisons. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Mooreast Holdings Announces Business Update ACN Newswire

Mooreast Holdings Announces Business Update

SINGAPORE, Apr 25, 2025 - (ACN Newswire via SeaPRwire.com) - The Board of Directors (“Board”) of Mooreast Holdings Ltd. (“Mooreast” or the “Company”), and together with its subsidiaries, the “Group”) wishes to provide an update on several recent developments: Completion of Multi-Buoy Mooring Upgrade Project at Gulf of ThailandFurther to the Company’s announcement dated 12 November 2024, Mooreast wishes to update that the project to upgrade a multi-buoy mooring (“MBM”) system off the eastern shore of the Gulf of Thailand was completed recently. The Group expects to recognise approximately S$8.8 million for this project in the first half of the financial year ending 31 December 2025 (“1H2025”).The successful completion underscores the Group’s capabilities to handle sizeable mooring projects within the oil and gas (“O&G”) industry. Orders related to the O&G sector had been building up in 2H2024, and have continued to gain momentum in the first four months of FY2025. Even with the delivery of the MBM project, current orders at hand are at least equal to those at the end of FY2024. Accordingly, the Group expects revenue in 1H2025 to exceed the S$13.7 million recorded in 1H2024. Additionally, the Group does not expect that the administrative and other operating expenses to increase significantly in FY2025 given that the current staffing is sufficient to support operations and business development in the near term and the absence of fees for professional services rendered to support the Group’s business repositioning efforts in FY2024. Management is actively reviewing and implementing cost control measures to improve overall cost efficiency and profitability moving forward.Update on Floating Wind Energy Projects in Europe and North AsiaOn 1 January 2025, Mr. Eirik Ellingsen (“Mr. Ellingsen”), a Norwegian with deep experience in the offshore and marine sector, was appointed Chief Executive Officer (“CEO”). In the last four months, he has been working closely with Mr. Sim Koon Lam (“Mr Sim”), the founder, Executive Director and Deputy Chairman, on business development strategies amid an increase in commercialisation of floating wind energy projects worldwide.Mr. Ellingsen has been actively engaging players involved in floating wind energy projects in Europe and North Asia, and participated in the WindEurope conference in Copenhagen, Denmark, earlier this month. While the ‘first wave’ of implementation – involving largely demonstration and precommercial projects – had been delayed by the supply chain disruptions caused by the COVID-19 pandemic, the industry has clearly advanced to the ‘second wave’ – commercialisation at scale. With the progress toward commercialisation, the Environmental Resources Management’s “Q3 2024 Global Offshore Wind Market Update" reported over 390 GW of floating wind projects in various planning and development stages. Compared to 50-100 megawatts (“MW”) typical at pre-commercialisation, the latter involves projects of at least 500 MW each. Many of these projects are reaching the final investment decision (“FID”) phase in 2026 and 2027. These include multigigawatt (“GW”) scale projects which can contribute substantially to the growth of offshore wind capacity globally. Typically, mooring and rigging solutions, including anchors, chains, and ropes, account for between 5% to 10% of the total value of each floating wind energy project. Approximately 5.5 GW of floating wind capacity is expected to reach FID in the next 24-36 months. Of this, about two-thirds involve projects in Europe, including those in the North Sea, while a third will come from North Asia. These projects may be deemed as the addressable market of Mooreast. As the Group is currently not targeting U.S. floating wind energy projects, it is not subject to U.S. Government tariffs for its products. Already, Mooreast is working closely with these projects and has indicated its component costings. As these progress to full implementation, developers and partners are looking for a reliable manufacturer capable of handling the large volumes of anchors and mooring components required for these large-scale projects. The Group believes it is uniquely positioned, given its status as Asia’s only ultra-high power anchor designer and manufacturer and its global footprint. Mooreast recently opened new offices in Taiwan and Malaysia in June and July 2024, respectively, expanding its presence in the Asian region.The Group continues to assess the ability of its present facility at 51 Shipyard Road in Singapore to handle production of anchors and components as these projects advance to formal tender, noting that developers have indicated suppliers would need to demonstrate beforehand sufficient capacity to handle the indicative volume. Should such orders escalate beyond the current capacity of the existing yard, Mooreast would need to explore access to additional capacity. Meanwhile, the Company continues to develop its supply chain to better serve its customers globally. The Company will provide updates to shareholders as and when there are material developments regarding floating renewable energy projects. BY ORDER OF THE BOARD MOOREAST HOLDINGS LTD.Mr Eirik Ellingsen Chief Executive Officer23 April 2025This announcement has been reviewed by the Company’s sponsor, UOB Kay Hian Private Limited (the “Sponsor”). This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (“SGX-ST”) and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement. The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, 8 Anthony Road, #01-01, Singapore 229957, telephone (65) 6590 6881. Copyright 2025 ACN Newswire via SeaPRwire.com.
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TransNusa Increases Scheduled Flight Frequency to Singapore ACN Newswire

TransNusa Increases Scheduled Flight Frequency to Singapore

JAKARTA, Apr 24, 2025 - (ACN Newswire via SeaPRwire.com) - South East Asia’s first premium service airline, PT TransNusa Aviation Mandiri, is further strengthening its presence in Singapore by increasing the frequency of its scheduled flights for the Jakarta – Singapore route to two times daily from today.This announcement comes barely a month after TransNusa successfully launch scheduled flights to Perth from its base in Bali.TransNusa Group Chief Executive Officer, Datuk Bernard Francis said that TransNusa has plans to further strengthen its network connectivity this year.In line with this, TransNusa launched its second daily flight to Singapore today. The additional flight, 8B 153, departed at 12.10pm from the Terminal 3 Soekarno – Hatta International Airport and arrived Singapore Changi Airport at 14.40pm today. While its additional flight, 8B 154, departed Changi Airport at 15.30pm and arrived at the Soekarno – Hatta International Airport at 16.20pm.“TransNusa will continue to operate the current scheduled flight, 8B 151, which depart Soekarno – Hatta International Airport at 07.55am and arrive at 10.45am at the Changi Airport,” Datuk Bernard said, adding that the current flight, 8B 152, depart Changi Airport at 11.45am and arrive in Jakarta at 12.30pm.TransNusa has been consistently achieving milestones since the introduction of a new top management led by aviation veteran, Datuk Bernard Francis. The airline, which introduced its first international flight on April 14, 2023, has expanding its wings from South East Asia to the Asia Pacific region within a short span of 2 years.Datuk Bernard attributes the airline’s successes and accelerated growth within the last 24 months to their customised business model and the vastly experienced management team.Datuk Bernard stressed that for its international flights, TransNusa not only provide premium services with competitive ticket prices, but the airline also has attractive product bundles called SEAT, SEAT-PLUS and FLEXI-PRO."Our passengers will enjoy check-in baggage of between 20kgs to 30 kgs, depending on the product purchased,” Datuk Bernard said, explaining that the baggage offering was over and above the 7kgs limit offered as a passenger’s hand carry.“For the highest package, FLEXI-PRO, we provide more complete services such as free baggage 30kgs, free to choose seats, free food, and drinks, priority at check-in and boarding. In addition, TransNusa also provides its FLEXI-PRO passengers with the ability to be able to change their flight schedule without restrictions and obtain refund when needed.”TransNusa, which aims to ensure its passengers travel with ease and comfort, has also configured their A320s with a 174-seat configuration, which allows for passengers to enjoy about 30 inches of legroom, comparable to the experience passengers would get in a full-service airline."We are committed to providing affordable and competitive ticket prices, while still providing premium services to our customers.” said Datuk Bernard, adding that the ticket price for the Jakarta – Singapore route starts from as low as SGD52 (USD40).DATUK BERNARD FRANCIS… TransNusa to focus on strengthening network connectivityTransNusa, A Short HistoryTransNusa, which had to close it business operation in September 2020 due to impact of the Covid-19 pandemic on the aviation industry, started operations again after injection of new shareholders and a new management team led by aviation expert, Datuk Bernard, in October 2022.Within 6 months, the airline introduced its first international route between Jakarta and Kuala Lumpur and celebrated its first-year anniversary for this route on April 14, 2024.“When we re-launched TransNusa in October 2022, we started from the bottom again. Everything was new because the pandemic had disrupted the aviation business operations boundaries. As such we re-created and customised our business operations and strategy model of being the first Premium Service Carrier based on the post-pandemic scenario,” Datuk Bernard explained.TransNusa launched its first international route between Jakarta and Kuala Lumpur in April, 2023, followed by the Jakarta – Singapore route on November 20, 2023. After which, the airline successfully launched three more new international routes by the end of 2023. TransNusa’s aggressive international growth strategy combined with its domestic business operations approach has enabled the airline to experience strategic growth in the last two years.Since the takeover of new shareholders and the injection of a new management team, TransNusa has been making headlines in Malaysia, Singapore, China and Australia with news of being the first airline in Indonesia and the world to develop and introduce a new domestic route connecting Bali and Manado. TransNusa also became the second Indonesian airline to receive approval to fly to China.About TransNusaEstablished in 2005, TransNusa started its operation by providing chartered flights. It began its commercial flights in 2011. After ceasing operations due to the Covid-19 pandemic, TransNusa relaunched itself in 2021 as a low-cost airline in its domestic market. In 2023, TransNusa introduced a new business model making it the first Premium Service Airline in the region. The new business model will apply only to its international routes. TransNusa introduced its first international route in April this year. The airline introduced its Jakarta – Kuala Lumpur round trip route and had its maiden flight on April 14. The airline is currently based in Jakarta Soekarno-Hatta International Airport.Passengers can book their flights on the TransNusa website (www.transnusa.co.id), through authorized travel agents in Singapore and Indonesia, or by contacting the airline's customer service centre at, +62216310888. For the Singaporean market, passengers can contact TransNusa’s General Sales Agent, Chariot Travels Pte Ltd, at +65 86602719.Media ContactTrina Thomas Rajtrina@myqaseh.org+60124992672 (watsapp) Copyright 2025 ACN Newswire via SeaPRwire.com.
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Coya Therapeutics Announces Positive Interim Results of an Investigator-Initiated Open Label Study with Low-Dose IL-2 and CTLA4-Ig Combination Treatment in Five Patients with Mild to Moderate Frontotemporal Dementia ACN Newswire

Coya Therapeutics Announces Positive Interim Results of an Investigator-Initiated Open Label Study with Low-Dose IL-2 and CTLA4-Ig Combination Treatment in Five Patients with Mild to Moderate Frontotemporal Dementia

- Results from the first patient cohort (N=5) of an open-label proof of concept academic study with low-dose IL-2 and CTLA4-Ig demonstrated a rapid and durable statistically significant increase in the number and suppressive function of Tregs compared to baseline values. - Clinically, patients with Frontotemporal Dementia (FTD) demonstrated minimal to no cognitive decline throughout the study period. Treatment was well tolerated, no serious adverse events were reported, and all 5 patients completed the study.Houston, TX, Apr 24, 2025 - (ACN Newswire via SeaPRwire.com) - Coya Therapeutics, Inc. (NASDAQ: COYA) (“Coya” or the “Company”), a clinical-stage biotechnology company developing biologics intended to enhance regulatory T cell (Treg) function announced positive interim results of an investigator-initiated proof of concept open-label study with low-dose IL-2 and CTLA4-Ig combination treatment in patients with Frontotemporal Dementia (FTD). The study is led by Dr. Alireza Faridar and Dr. Stanley Appel at the Houston Methodist Neurological Institute (Houston, TX) with funding from The Peggy and Gary Edwards Endowment Fund. Study patients received subcutaneously administered CTLA4-Ig, followed by a 5-day course of low-dose IL-2 every four weeks, for a total of 22 weeks of dosing and follow-up. The study aims to enroll up to 10 patients, and these interim results include data from the first 5 patients with mild to moderate FTD who have completed the full course of treatment.Dr. Arun Swaminathan, Coya’s Chief Executive Officer followed: “The results thus far are consistent with previously published encouraging data from an open-label investigator-initiated study of patients with ALS treated with low-dose IL-2/CTLA4-Ig. This interim data in FTD provides us further confidence of our approach to target and enhance Treg biology to address devastating neurodegenerative diseases including ALS and FTD”.Previous biomarker data presented by the Company demonstrated that FTD patients exhibit a compromised immunosuppressive function of regulatory T cells (Tregs), along with increased peripheral levels of inflammatory cytokines and chemokines, dysregulation of monocytes, and systemic activation of the inflammatory cascade, supporting the critical role of the immune system in the pathophysiology of FTD.One previous study showed that a cohort of 68 patients with FTD worsened by an average of 3.57 points over a 12-month period per the Clinical Dementia Rating - Frontotemporal Lobar Degeneration (CDR‐FTLD) scale (Knopman et al. Brain 2008; 131(11): 2957-2968). In addition, patients with FTD typically have shorter survival times and more rapid rates of cognitive and functional decline compared to patients with Alzheimer’s disease (Rascovsky et al. Neurology 2005; 65(3): 397-403).Dr. Fred Grossman, Coya’s Chief Medical Officer stated: “We are excited with the results observed in this initial group of patients with this proof-of-concept study. We believe that the increase in Treg numbers and suppressive function, with subsequent anti-inflammatory biological activity still to be evaluated, underscores the potential for this low-dose IL-2/CTLA4-Ig combination to be further studied as a therapy for FTD, for which there are no currently approved treatments.”Summary of Interim Study Results Overall, treatment with low-dose IL-2 and CTLA4-Ig was well tolerated. All 5 patients enrolled in the first cohort completed the study and received the investigational treatment as planned. The most common adverse events were mild injection site reactions. No serious adverse events were reported.Treg numbers and suppressive function increased after the first treatment cycle (p < 0.01 and p < 0.05, respectively, and remained at higher significant levels throughout the treatment period.Clinical functional assessments were performed in all patients at pre-specified timepoints over the course of the study using validated tools, including the Clinical Dementia Rating - Frontotemporal Lobar Degeneration (CDR‐FTLD) scale, the Montreal Cognitive Assessment (MoCA) scale, and the Progressive Aphasia Severity Scale (PASS). Results of the functional tests show that, on average, these five FTD patients treated with low-dose IL-2 and CTLA4-Ig combination exhibited minimal to no cognitive decline over the course of the study, compared to pre-treatment values.The Company intends to publish and/or present more comprehensive data in a future peer-reviewed meeting and/or publication.About Frontotemporal DementiaFrontotemporal dementia (FTD) refers to a group of neurodegenerative disorders characterized by altered behavior and language, with a progressive decline in executive function.1 FTD affects an estimated 30,000 Americans.2 FTD is categorized clinically into various subtypes; the main three include behavioral-variant frontotemporal dementia and two language variants, semantic dementia (also known as semantic variant primary progressive aphasia) and progressive non-fluent aphasia (also known as non-fluent variant primary progressive aphasia). It's a presenile dementia, meaning it can occur in younger individuals, often between the ages of 45 and 64. The average age of onset is 58, with an average survival time of 7.5 years.1,2References1. Knopman et al. Development of methodology for conducting clinical trials in frontotemporal lobar degeneration. Brain 2008; 131(11): 2957-29682. Rascovsky et al. Rate of progression differs in frontotemporal dementia and Alzheimer disease. Neurology 2005; 65(3): 397-403About Coya Therapeutics, Inc.Headquartered in Houston, TX, Coya Therapeutics, Inc. (Nasdaq: COYA) is a clinical-stage biotechnology company developing proprietary treatments focused on the biology and potential therapeutic advantages of regulatory T cells (“Tregs”) to target systemic inflammation and neuroinflammation. Dysfunctional Tregs underlie numerous conditions, including neurodegenerative, metabolic, and autoimmune diseases, and this cellular dysfunction may lead to sustained inflammation and oxidative stress resulting in lack of homeostasis of the immune system.Coya’s investigational product candidate pipeline leverages multiple therapeutic modalities aimed at restoring the anti-inflammatory and immunomodulatory functions of Tregs. Coya’s therapeutic platforms include Treg-enhancing biologics, Treg-derived exosomes, and autologous Treg cell therapy.COYA 302 is a combination treatment comprised of low-dose IL-2 and CTLA4-Ig is an investigational therapy with a dual immunomodulatory mechanism of action intended to enhance the anti-inflammatory function of Tregs and suppress the inflammation produced by activated monocytes and macrophages. Coya is developing COYA 302 for the treatment of fatal neurogenerative diseases characterized by chronic inflammation and Treg dysfunction.For more information about Coya, please visit www.coyatherapeutics.com Forward-Looking StatementsThis press release contains “forward-looking” statements that are based on our management’s beliefs and assumptions and on information currently available to management. Forward-looking statements include all statements other than statements of historical fact contained in this presentation, including information concerning our current and future financial performance, business plans and objectives, current and future clinical and preclinical development activities, timing and success of our ongoing and planned clinical trials and related data, the timing of announcements, updates and results of our clinical trials and related data, our ability to obtain and maintain regulatory approval, the potential therapeutic benefits and economic value of our product candidates, competitive position, industry environment and potential market opportunities. The words “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” and similar expressions are intended to identify forward-looking statements.Forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other factors including, but not limited to, those related to risks associated with the success, cost and timing of our product candidate development activities and ongoing and planned clinical trials; our plans to develop and commercialize targeted therapeutics; the progress of patient enrollment and dosing in our preclinical or clinical trials; the ability of our product candidates to achieve applicable endpoints in the clinical trials; the safety profile of our product candidates; the potential for data from our clinical trials to support a marketing application, as well as the timing of these events; our ability to obtain funding for our operations; development and commercialization of our product candidates; the timing of and our ability to obtain and maintain regulatory approvals; the rate and degree of market acceptance and clinical utility of our product candidates; the size and growth potential of the markets for our product candidates, and our ability to serve those markets; our commercialization, marketing and manufacturing capabilities and strategy; future agreements with third parties in connection with the commercialization of our product candidates; our expectations regarding our ability to obtain and maintain intellectual property protection; our dependence on third party manufacturers; the success of competing therapies or products that are or may become available; our ability to attract and retain key scientific or management personnel; our ability to identify additional product candidates with significant commercial potential consistent with our commercial objectives; ; and our estimates regarding expenses, future revenue, capital requirements and needs for additional financing.We have based these forward-looking statements largely on our current expectations and projections about future events and trends that we believe may affect our financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. Moreover, we operate in a very competitive and rapidly changing environment, and new risks may emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed herein may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Although our management believes that the expectations reflected in our forward-looking statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or events and circumstances described in the forward-looking statements will be achieved or occur. We undertake no obligation to publicly update any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.Investor Contact:David Snyder, CFOdavid@coyatherapeutics.com CORE IRBret Shapirobrets@coreir.com 561-479-8566Media ContactsFor Coya Therapeutics:Kati Waldenburgmedia@coyatherapeutics.com212-655-0924 Copyright 2025 ACN Newswire via SeaPRwire.com.
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HighTide Therapeutics to Showcase New Analyses of Phase 2 MASH/T2DM Studies of Berberine Ursodeoxycholate (HTD1801) and Pre-Clinical Results of Rimtoregtide (HTD4010) in Presentations at EASL Congress 2025 ACN Newswire

HighTide Therapeutics to Showcase New Analyses of Phase 2 MASH/T2DM Studies of Berberine Ursodeoxycholate (HTD1801) and Pre-Clinical Results of Rimtoregtide (HTD4010) in Presentations at EASL Congress 2025

HONG KONG, Apr 24, 2025 - (ACN Newswire via SeaPRwire.com) – HighTide Therapeutics, Inc. (2511.HK), a clinical stage biopharmaceutical company specializing in the development of multifunctional multi-targeted therapies for chronic liver and metabolic diseases, announced today that it will present at the EASL Congress 2025, taking place from May 7-10, 2025 in Amsterdam. The presentations include post-hoc analyses of two Phase 2 clinical studies of berberine ursodeoxycholate (HTD1801), a gut-liver anti-inflammatory metabolic modulator, being developed for treatment of metabolic dysfunction-associated steatohepatitis (MASH) and type 2 diabetes mellitus (T2DM). A third presentation will present preclinical results for rimtoregtide (HTD4010), a peptide derived from the Reg3a protein, in liver failure in mice.“Effects of Berberine Ursodeoxycholate (HTD1801) in Patients with At-risk MASH and T2DM”(Presentation SAT-440, Poster Presentation, May 10, 8:30 AM CET)About the Abstract: Due to the ongoing unmet medical need, clinical development in MASH focuses on patients who are at a higher risk of disease progression and outcomes due to the presence of moderate to advanced fibrosis (defined as at-risk MASH). The purpose of this analysis was to assess the effects of HTD1801 in patients with at-risk MASH and T2DM as defined by baseline MRI cT1 >875 ms. Eighteen weeks of treatment with HTD1801 resulted in substantial improvements in key hepatic and cardiometabolic parameters in patients with at-risk MASH and compared to placebo, twice as many patients achieved a reduction in liver fat content (MRI-PDFF) or fibroinflammation (cT1) that have been associated with improvements in liver histology. These data are particularly insightful as HTD1801 continues to be evaluated in an ongoing paired biopsy study of patients with at-risk MASH and pre-diabetes or diabetes.“Effects of Berberine Ursodeoxycholate (HTD1801) in Chinese Patients with T2DM and Presumed MASLD”(Presentation SAT-432, Poster Presentation, May 10, 8:30 AM CET)About the Abstract: T2DM typically coexists with other metabolic abnormalities such as hyperlipidemia, obesity, and MASH that can exacerbate T2DM and can lead to a worse prognosis with increased risk for mortality and cardiovascular outcomes. In a Phase 2 study in patients with T2DM, HTD1801 achieved the primary endpoint with a significant decrease in HbA1c. Based on the latest diagnostic criteria, it is likely that a substantial subgroup of the study may have had concurrent metabolic dysfunction-associated steatotic liver disease (MASLD). The purpose of this analysis was to evaluate the benefits of HTD1801 in patients with T2DM and MASLD identified by baseline controlled attenuation parameter values >288 dB/M (correlated to 5% liver fat content). HTD1801 treatment demonstrated both dose-dependent improvements in cardiometabolic and hepatic parameters in patients with T2DM and MASLD. These data suggest HTD1801 can comprehensively address metabolic and cardiovascular risk factors beyond glycemic control.“A Comparison of the Protective Effects of Rimtoregtide (HTD4010) and DUR-928 on Acute Liver Failure in Mice”(Presentation FRI-141, Poster Presentation, May 9, 8:30 AM CET)About the Abstract: The purpose of this study was 1) to test the potential protective effects of HTD4010 in an LPS-induced model mimicking acute liver failure in mice and 2) compare these effects to DUR-928, which is currently in late-stage development for the treatment of alcohol-associated hepatitis. In an LPS-induced mouse model mimicking acute liver failure, HTD4010 resulted in significant improvement in survival rates (greater than 2-fold) compared to the model control. These protective effects of HTD4010 were significantly greater than DUR-928. These findings provide evidence that HTD4010 may have a beneficial effect on acute liver conditions including alcohol-associated hepatitis and other acute-inflammatory-related conditions.About Berberine UrsodeoxycholateBerberine ursodeoxycholate (HTD1801) is an orally delivered, gut-liver anti-inflammatory metabolic modulator being developed for the treatment of metabolic and digestive diseases. HTD1801, an ionic salt of berberine and ursodeoxycholate, is a new molecular entity with a unique dual mechanism of action: AMP kinase activation and NLRP3 inflammasome inhibition. These two key mechanistic pathways have been associated with improvements in insulin resistance, glucose metabolism, lipid metabolism, and hepatic inflammation, potentially providing a comprehensive treatment platform for the multifaceted nature of complex metabolic diseases. HTD1801 is being developed for multiple indications. HTD1801 met the primary endpoint in two Phase 3 clinical trials in patients with type 2 diabetes mellitus (T2DM), demonstrating a clinically meaningful effect on HbA1c. In both trials, key secondary endpoints were achieved, suggesting multiple advantages of HTD1801 including improvement in cardiometabolic risk indicators. In addition to T2DM, HTD1801 efficacy in treating metabolic dysfunction-associated steatohepatitis (MASH) has been demonstrated in a Phase 2a clinical trial, and a global multicenter Phase 2b trial assessing the histologic benefit of HTD1801 is currently ongoing, with topline results expected in 2025.About RimtoregtideRimtoregtide (HTD4010) is a clinical-stage compound in development for acute inflammatory-related indications including alcoholic hepatitis (AH). It is a peptide derived from the Reg3a protein with immunomodulatory, anti-inflammatory, and anti-apoptotic effects. HTD4010 has been evaluated in animal models of acute pancreatitis and acute liver failure, where protective effects were observed. A completed Phase 1 clinical trial of HTD4010 in healthy subjects demonstrated a favorable safety profile. AH is caused by chronic heavy alcohol abuse or a sudden, drastic increase in alcohol consumption. It is characterized by severe inflammation and, ultimately, liver failure and death. There is currently no approved treatment for AH and only a few drug candidates are in clinical development. The current standard of care focuses on symptom management, including abstinence, treating inflammation and providing nutrition.About HighTide TherapeuticsHighTide Therapeutics, Inc. (Stock Code: 2511.HK) is a globally integrated biopharmaceutical company focusing on the discovery and development of first-in-class multifunctional, multi-targeted therapies with poly-indication potential across metabolic diseases with significant unmet medical needs. HighTide is currently developing several clinical assets and associated global intellectual property rights, and advancing multiple mid-to-late-stage clinical trials including therapies for metabolic dysfunction-associated steatohepatitis (MASH), type 2 diabetes mellitus (T2DM), severe hypertriglyceridemia (SHTG) and primary sclerosing cholangitis (PSC). Berberine ursodeoxycholate (HTD1801), HighTide’s lead drug candidate, received Fast Track designation from the United States Food and Drug Administration for both MASH and PSC and Orphan Drug designation for PSC. HTD1801 has been included in the National Major New Drug Innovation Program under the 13th Five-Year Plan for Major Technology Project in China.For more information, please visit www.hightidetx.comContact: pr@hightidetx.com Copyright 2025 ACN Newswire via SeaPRwire.com.
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Batch Bicycles and Hyatt Place Zhuhai jointly organized An Exhalating Cycling Event in Macau ACN Newswire

Batch Bicycles and Hyatt Place Zhuhai jointly organized An Exhalating Cycling Event in Macau

HONG KONG, Apr 23, 2025 - (ACN Newswire via SeaPRwire.com) – On 22 April, Earth Day, an electrifying cycling event was held across Guangdong and Macau. Batch Bicycles and Hyatt Place Zhuhai jointly organised Ride Macao, an event to explore the country on wheels and celebrate Earth's Day with green travel.In today’s fast-paced city life, people are often busy with work and various affairs that they gradually leave nature and sports behind. The Ride Macao event was designed to break this shackle and spread the values of living green, protecting the environment and the cycling lifestyle to everyone.Starting from Hyatt Place Zhuhai and arriving at Hengqin Port, the carefully planned route combined the picturesque natural scenery and unique cityscape along the way with the ease of cruising through customs. Riders enjoyed the magnificent view of the sea and sky during the journey while also experiencing the unique charm of the blend of history and modernity found along the streets and lanes of Macau. This was not only a long-distance ride, but also a deep dialogue with the earth to embrace green living.Ride Macau by Batch Bicycles (a brand of Covation)Batch Bicycles Products DisplayBatch Bicycles is a global brand of Covation Holdings Limited (Covation). Covation is a global holding company headquartered in Hong Kong. Covation's vision of consumer-centric innovation is driven by its diverse portfolio of outdoor brands, including Huffy, Niner Bikes, Batch Bicycles, Royce Union, VAAST and Buzz E-Bikes, which are available to consumers in more than 50 countries and territories around the world through an extensive global distribution network. The company ships more than 5 million bicycles annually. Covation holds a wide-ranging licensing portfolio with world-class partners such as Disney, Marvel, Lucasfilm, National Geographic, Ford, Nickelodeon, Hasbro, and Panama Jack. The vast distribution network includes leading global retailers such as Walmart, Amazon, Target, Swire, Big W, Academy, Argos, Smyths, and many other international outlets.The mission of Batch Bicycles is to 'make cycling easier'. With a wide range of products including mountain bikes for conquering mountains, road bikes for riding the pavement, gravel bikes and cycling equipment specially designed for teenagers. Batch Bicycles are designed to provide cycling enthusiasts around the world with a comfortable and smooth cycling experience through innovative designs and high-quality configurations. The Macao Ride is a vivid manifestation of Batch Bicycles brand philosophy to make cycling easier and encourage people to venture out of the concrete city to explore the world and embrace nature through cycling. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Waterloo Startup Axibo AI Secures $12M to Pioneer ‘Made in Canada’ Humanoids ACN Newswire

Waterloo Startup Axibo AI Secures $12M to Pioneer ‘Made in Canada’ Humanoids

WATERLOO, ONTARIO, Apr 23, 2025 - (ACN Newswire via SeaPRwire.com) - Axibo Inc., a Waterloo-based robotics innovator celebrated for its groundbreaking 4D volumetric capture technologies and serving customers like Netflix and Apple, today announced a $12 million funding round. This investment includes $11 million from prominent external investors and an additional $1 million from Axibo's founders Anoop Gadhrri, Sohaib Al-Emara, and Reiner Schmidt, whose passion for robotics began back in 2019 with their university's first autonomous vehicle. The funding launches Axibo's ambitious new division dedicated to advanced humanoid robotics.Axibo FoundersWith a track record of thousands of cinema robots delivered internationally, Axibo will now be leveraging Waterloo's exceptional AI, robotics, and precision engineering talent to spearhead advancements in humanoid robotics."We see humanoid robots as the next major milestone in productivity since the Industrial Revolution," said Anoop Gadhrri, co-founder and CEO of Axibo. "Canada is exceptionally well-positioned with its talent and resources. Our commitment is to drive this forward, placing Canada prominently on the global robotics stage."Axibo is actively seeking visionary engineers passionate about developing unprecedented technologies and shaping the global future of humanoid robotics. Early team members will not only create groundbreaking prototypes but directly contribute to substantial societal advancements through robots engineered for safe and intelligent integration into healthcare, logistics, industrial automation, and personal assistance. By fostering an innovation-driven culture emphasizing rapid prototyping and autonomy, Axibo empowers its engineers to experiment freely and iterate swiftly."We envision a future where every household benefits from humanoid robotics," Gadhrri emphasized. "Axibo's technology aims to significantly elevate productivity and everyday life across Canada and beyond."The company's immediate milestones include accelerating proprietary manufacturing processes, expanding its engineering and AI teams, and advancing capabilities in robot autonomy and dexterity. The new division's first robot prototype, temporarily code-named "T.E.B.", will debut in early 2026, demonstrating advanced agility and intelligence.If you're ready to build what's next in robotics, Axibo invites you to join the pioneering team positioning Canada at the global forefront of robotics innovation.To learn more or apply, visit axibo.ai.Contact InformationAnoop GadhrriCEOanoop@axibo.com6476675999SOURCE: Axibo Inc.Related Images Copyright 2025 ACN Newswire via SeaPRwire.com.
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EdgePoint Towers advances renewable energy integration in telecommunications with first solar hybrid deployment ACN Newswire

EdgePoint Towers advances renewable energy integration in telecommunications with first solar hybrid deployment

KUALA LUMPUR, Apr 23, 2025 - (ACN Newswire via SeaPRwire.com) - EdgePoint Towers Sdn Bhd (“EdgePoint”) – part of EdgePoint Infrastructure, a leading ASEAN-based independent telecommunications infrastructure company, has successfully launched its first solar hybrid site, marking a key milestone in its renewable energy initiatives. This deployment represents a significant step toward advancing sustainable energy solutions in Malaysia’s telecommunications sector.The new solution provides up to 100% of the energy required to operate telecommunications equipment, reducing dependence on diesel fuel. With a 5.9-kilowatt peak (kWp) capacity, the site operates autonomously using photovoltaic (solar) energy, complemented by battery storage.Muniff Kamaruddin, Chief Executive Officer of EdgePoint Towers, said, “We are proud to contribute to the deployment of renewable energy solutions that meet current and future needs for both sustainability and long-term cost efficiency. These solutions are especially important for remote and difficult-to-reach areas, such as transport corridors like highways, tunnels, bridges, or terminals, where quality coverage is essential for transient users. The opportunities to enhance national connectivity are vast, and EdgePoint is eager to continue working closely with our partners to advance sustainable solutions that improve coverage and reduce carbon emissions across the industry. This deployment is expected to reduce the site's annual carbon emissions by approximately 78%, while also ensuring seamless connectivity for travelers along the highway.”Muniff concluded, “Solar energy has proven to be an ideal solution for Malaysia, given its equatorial climate and high levels of solar insolation. By integrating solar power into telecommunications infrastructure, we are reducing reliance on non-renewable energy sources, lowering operational costs, and significantly decreasing emissions. Solar hybrid solutions are an adjacent focus area for us, it is a key part of our broader strategy of implementing innovative, sustainable solutions, driving an industry-wide transformation toward cleaner, more efficient operations and we are optimistic about future collaborations with both Mobile Network Operators (MNOs) and non-MNO clients to help them meet their green objectives. As we expand our renewable energy initiatives, we aim to set new benchmarks for energy-efficient telecom infrastructure in Malaysia, helping our partners transition to greener operations without compromising connectivity, network quality, and reliability.”By the end of 2025, EdgePoint plans to complete more full solar or solar hybrid sites across the country, further strengthening its commitment to sustainable telecom infrastructure.EdgePoint Infrastructure is the fastest-growing multi-country tower company in ASEAN, with 15,800 sites in its portfolio out of which 1,800 sites are in Malaysia making it the second-largest tower company in Malaysia.****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. For more information on EdgePoint, please visit https://edgepointinfra.com/. Copyright 2025 ACN Newswire via SeaPRwire.com.
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The 3rd International & Indonesia CCS Forum 2025: A Global Collaboration Momentum for CCS Development ACN Newswire

The 3rd International & Indonesia CCS Forum 2025: A Global Collaboration Momentum for CCS Development

JAKARTA, Apr 21, 2025 - (ACN Newswire via SeaPRwire.com) - The Indonesia Carbon Capture and Storage Center (ICCSC) is organizing The 3rd International & Indonesia CCS Forum 2025, an international-scale forum aimed at accelerating the development of Carbon Capture and Storage (CCS) technology as a key pillar toward a green economy and sustainable growth in Indonesia. The event will take place on October 7-8, 2025, at Hotel Mulia, Jakarta, featuring over 100 global speakers from various sectors.Belladonna Troxylon Maulianda, Executive Director of ICCSC, emphasized that this forum is designed as a strategic platform to bring together global stakeholders, including governments, industry players, academics, and investors. "CCS plays a crucial role in reducing carbon emissions and supporting Indonesia's net-zero targets. Through this forum, we aim to strengthen global collaboration to address challenges and leverage opportunities in CCS development," said Belladonna.The forum's theme, "Advancing Indonesia as a CCS Hub Leader in the Asia Pacific: Achieving Net Zero and Economic Growth", reflects a shared commitment to driving sustainable growth through clean energy. "We hope this event will generate innovative solutions and policy recommendations to accelerate CCS development in Indonesia and globally," she continued.Evan Lukas, Chairman of the Organizing Committee for The 3rd IICCS Forum 2025, explained that this event will feature various exciting programs, including high-level panel discussions, exhibitions of the latest technology, and strategic networking sessions. "This forum is not only a platform for sharing knowledge but also a place for the birth of strategic partnerships and innovative solutions to global challenges in CCS development," said Evan."We invite all stakeholders, including the government, industry players, and the community, to actively participate in this forum. Together, we can build a network of regional CCS hub towards a low-carbon future and support energy transition" added Evan.ICCSC hopes this forum can become a catalyst for strengthening Indonesia's position as a global leader for regional CCS hub that decarbonize heavy industries, while continuing to meet energy demand and grow economies.Elen Setiadi, Deputy Minister for Energy and Mineral Resources, Coordinating Ministry for Economic Affairs of The Republic of Indonesia expressed appreciation for the forum's organization. "The government fully supports this event as part of efforts to achieve energy transition and net-zero emission targets. CCS is one of the key solutions in Indonesia's clean energy transition," said Elen.The 3rd International & Indonesia CCS Forum 2025 also offers participants the opportunity to interact directly with industry leaders, experts, and policymakers. In addition to the main programs, the event will showcase the latest CCS technology exhibitions featuring innovations from global companies.The ICCSC invites all stakeholders, including strategic partners, industry associations, government representatives, and media, to join this forum. The event is not only a moment for discussion but also for taking concrete steps toward realizing a sustainable clean energy future.For more information on The 3rd International & Indonesia CCS Forum 2025, visit the official website: www.iiccsforum.com About IICCSThe International & Indonesia Carbon Capture and Storage Center (IICCS) is a platform dedicated to promoting CCS technology and facilitating collaboration between governments and industries in addressing climate change through CCS implementation. About ICCSCThe Indonesia Carbon Capture and Storage Center (ICCSC) is a community of experts from various industry, including engineering, science, policy, and business, united by a shared commitment to finding practical solutions to CO2 emission challenges. Through research, innovation, and advocacy, we strive to accelerate carbon capture and storage development in Indonesia and position the country as a Regional CCS Hub. Visit iccscenter.com.Media Contact:info@iccscenter.com+62 878 8721 3208 Copyright 2025 ACN Newswire via SeaPRwire.com.
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Everest Medicines Announces Approval of ‘B’ Marker Removal from Company’s Stock Code by the Hong Kong Stock Exchange

SHANGHAI, Apr 22, 2025 - (ACN Newswire via SeaPRwire.com) – Everest Medicines (HKEX 1952.HK, “Everest”, or the “Company”), a biopharmaceutical company focused on the discovery, clinical development, manufacturing, and commercialization of innovative therapeutics, today announced that The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) has approved the Company’s application to remove the “B” marker from its stock short name, as the company has satisfied the requirements of the listing rules at the Stock Exchange. “We are very pleased that Everest Medicines has satisfied the market capitalization/revenue test under Rule 8.05(3) of the Listing Rules and successfully removed the 'B' marker - a significant milestone for the Company in the capital markets that could lead to wider investor participation.” said Rogers Yongqing Luo, Chief Executive Officer of Everest Medicines. "Moving forward, we will continue to deepen our 'dual-engine strategy', enhancing our commercial excellence and advance our first-in-class and best-in-class assets with global rights to maximize synergies. With global rights to EVER001, we will actively explore partnership opportunities outside of China to leverage international expertise and optimize commercial value, while further enhancing Everest’s global visibility and presence. Everest will leverage its established efficient commercial platform to solidify our position in key therapeutic areas, advance innovation on our mRNA platform, and strive to become a leading biopharma in the Asia-Pacific region by 2030.The removal of the “B” marker reflects a comprehensive evaluation of Everest Medicines’ robust R&D pipeline, commercialization capabilities, and overall business fundamentals. Listed on the Stock Exchange in October 2020, Everest has adopted a “dual-engine” strategy, focusing on high-value therapeutic areas while striving to develop first-in-class or best-in-class innovative treatments. The company has established a strong and synergistic platform across nephrology, infectious diseases, and autoimmune diseases, with three commercialized products already driving rapid revenue growth.According to the company’s 2024 financial results, total revenue reached RMB706.7 million, representing a 461% year-over-year increase and exceeding our revenue guidance of RMB700 million, and achieved commercial-level profitability for the full year of 2024.NEFECON®, as the only approved IgAN therapy in China, generated RMB353.4 million in revenue for the year, representing a year-over-year increase of 1,581%. NEFECON® was also included in China’s National Reimbursement Drug List (NRDL), effective January 1, 2025. As the first-in-class fluorocycline antibiotic, XERAVA® (eravacycline) maintained robust growth with generated RMB352.8 million in revenue in 2024, representing a 256% year-on-year increase. VELSIPITY® (etrasimod), a best-in-class therapy for autoimmune diseases, has been received regulatory approvals in Macau and Singapore, the product was subsequently commercially launched in December in Guangdong province under the “Hong Kong and Macau Medicine and Equipment Connect” policy. In parallel, New Drug Applications (NDAs) for VELSIPITY® have been officially accepted in both mainland China and Hong Kong in December 2024.EVER001, for which Everest holds global rights, delivered positive results from the preliminary analysis of our Phase 1b/2a trial and is progressing steadily through global development. EVM16, our personalized therapeutic mRNA cancer vaccine, completed first patient dosing in an investigator-initiated clinical trial (IIT) in March 2025. EVM14, our off-the-shelf tumor-associated antigen (TAA) vaccine, received Investigational New Drug (IND) approval from the U.S. FDA, and we plan to submit an IND application to China’s NMPA in the first half of this year. The in vivo CAR-T program is expected to achieve preclinical candidate milestone later this year. These programs are supported by our commercial-scale, GMP-compliant manufacturing facility in Jiashan, Zhejiang, which provides integrated R&D, production, and commercialization capabilities across mRNA and other pipeline platforms. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Earth Day Special: foundit Report Reveals 27% Surge in Green Jobs as Singapore Accelerates Sustainability Push ACN Newswire

Earth Day Special: foundit Report Reveals 27% Surge in Green Jobs as Singapore Accelerates Sustainability Push

Key Highlights:- Green jobs in Singapore show 27% year-on-year growth with 12% month-on-month increase in March '25- Engineering, Construction & Infrastructure sector leads sustainability hiring with 29% share of green jobs- Consulting & Strategy sector accounts for 11% of sustainability-focused positions- ESG Analyst emerges as the role with the highest growth in demand 28% year-on-year - Singapore's green job sector projected to grow by 11% in 2025SINGAPORE, Apr 23, 2025 - (ACN Newswire via SeaPRwire.com) - Jobs platform, foundit (formerly Monster APAC & ME), today published the foundit Earth Day Special Singapore Report as part of the foundit Insights Tracker (fit). The report highlights significant growth in sustainability-driven hiring across Singapore's employment landscape.The tracker reveals an overall year-on-year (YoY) growth of 27% in green jobs, with a positive month-on-month (MoM) increase of 12% in March 2025, building on the 17% growth seen in February."Singapore’s green job market is witnessing remarkable growth," said V Suresh, CEO of foundit. "Our Earth Day Special report reveals a 27% year-on-year surge in green job opportunities, underscoring the nation’s steadfast commitment to sustainability and environmental stewardship. Pivotal sectors such as Engineering, Construction, and Sustainable Finance are spearheading this transition, driving substantial and lasting impact. This upward trend not only mirrors the evolving demands of the labour market but also resonates strongly with the objectives of Singapore’s Green Plan 2030, reaffirming sustainability as a cornerstone of the country’s long-term economic vision.”Engineering, Construction and Consulting sectors lead sustainability hiringThe Engineering, Construction & Infrastructure sector has emerged as the frontrunner in sustainability-focused hiring, accounting for 29% of all green job opportunities across monitored industries. This dominance reflects Singapore's commitment to eco-friendly urban development and sustainable infrastructure projects. Representing 11% of green job postings, the Consulting & Strategy sector is gaining momentum, driven by growing demand for sustainability consultants and environmental strategists as organisations integrate ESG frameworks into their operations.Education and Manufacturing & Production sectors each contribute 7% of sustainability-focused positions, highlighting increased focus on workforce reskilling and the transition toward cleaner production practices.Energy and Research & Technology sectors each account for 6% of green job opportunities, supporting innovations in renewables, green hydrogen, and sustainable R&D initiatives across Singapore.ESG and Renewable Energy professionals lead demand among sustainability rolesIn terms of sustainability-focused roles, ESG Analysts witnessed the highest growth with a 28% year-on-year increase, underscoring the rising importance of environmental, social, and governance considerations in business operations.Sustainability Consultants followed closely with 24% year-on-year growth, while Renewable Energy Engineers showed strong demand with 22% year-on-year growth, reflecting Singapore's push toward clean energy alternatives.Other high-growth roles include Green Supply Chain Managers (+19%), Environmental Policy Officers (+16%), Carbon Credit Analysts (+14%), and Climate Risk Specialists (+13%), indicating broad demand across sustainability functions.The report highlights evolving skill requirements, with employers increasingly seeking cross-functional expertise that blends engineering, finance, policy, and digital proficiency to meet regulatory and ESG expectations.Looking ahead, the green job sector in Singapore is projected to grow by 11% in 2025, with renewable energy, electric mobility, and green infrastructure identified as key growth drivers.The foundit Insights Tracker is a comprehensive monthly analysis of online job posting activity conducted by jobs platform, foundit. Based on a real-time review of millions of employer job opportunities culled from a large, representative selection of online career outlets, the foundit Insights Tracker (FIT) presents a snapshot of employer online recruitment activity nationwide.About foundit - APAC & Middle Eastfoundit, formerly Monster (APAC & ME), is Asia’s leading jobs and talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. In addition to its innovative AI-powered job search, foundit offers e-learning, assessments, and services related to resume creation and interview preparation. foundit has connected over 120 million job seekers across 18 countries with the right job roles and upskilling opportunities. Over the last two decades, the company has been a leader in the world of recruitment solutions and has launched cutting-edge tools to give recruiters access to passive candidates in addition to active ones. With its advanced technology, foundit is efficiently bridging the talent gap across industry verticals, experience levels, and geographies.Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalised job searches and offer precision hiring.To learn more about, foundit in APAC & Gulf, visit: www.foundit.sg |www.foundit.com.ph | www.foundit.my | www.foundit.in | www.founditgulf.com | http://www.foundit.hk | www.foundit.id For media inquiries or further information, please contactNamrata SharmaNamrata.sharma@adfactorspr.comContact number - +65 81383034 Copyright 2025 ACN Newswire via SeaPRwire.com.
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CIRC: Attained a New High in Fiscal Year 2024 ACN Newswire

CIRC: Attained a New High in Fiscal Year 2024

HONG KONG, Apr 22, 2025 - (ACN Newswire via SeaPRwire.com) – In recent years, with the launch of top-level design for nuclear medicines and the implementation of supporting policies, the domestic nuclear medicine industry has ushered in a golden period of development. According to the data analysis of BCC Research, there will be a growth in the global nuclear medicine market from $12.6 billion in 2023 to $21 billion by the end of 2029, with a compound annual growth rate (CAGR) of 8.29% during the forecast period from 2024 to 2029. Meanwhile, Medraysintell, a market intelligence agency specializing in radiotherapy and nuclear medicine, predicts that there will be a growth of about $30 billion in the global nuclear medicine market in 2030.As a leading nuclear medicine company in China, CIRC (01763.HK) recently disclosed its annual report for 2024 as of December 31st. In 2024, CIRC achieved a remarkable growth in revenue and net profit, which not only delivered a satisfactory answer on the performance level, but also showed a strong technical transformation capability in nuclear medicine research and development.Year-by-year growth facilitated nuclear medical equipment to become a new engineAccording to the financial data, CIRC achieved revenue of RMB 7.575 billion in 2024, with a year-on-year increase of 14.2%, and the net profit of RMB 880 million, with a year-on-year increase of 13.3%.From the perspective of branch business, all fields have blossomed in an all-round way. As the core pillar of the company, the nuclear medicine business achieved revenue of RMB 4.168 billion, accounting for 55% of the total revenue. Among them, the income of imaging diagnosis and therapeutic radiopharmaceuticals increased by 4.1% year-on-year, and the distribution of medical centers all over the country achieved remarkable results. The income of Technetium-labeled medicines increased by 8.7% year-on-year. The breath test business continued to maintain a stable high market share, achieving revenue of RMB 2.35 billion, by a year-on-year increase of 1.1%.It is worth noting that in 2024, CIRC accelerated the localization of high-end radiotherapy equipment, and nuclear medical equipment and related services became the new engine of growth, with revenue reaching RMB 1.223 billion, a year-on-year increase of 31.0%. The new generation of Precision radiation therapy planning system was successfully approved for medical device registration certificate, and the world’s first spiral tomotherapy system, Tomo C, was delivered to Shandong Cancer Hospital for installation, which was successfully selected intothe 2024 high-end medical equipment promotion and application project of two ministries and commissions (Ministry of Industry and Information Technology/National Health Commission) and Tianjin First (Set) Major Technical Equipment Promotion and Application Guidance Catalog (Version 2024), with sales during the year leading in the domestic market.CIRC recorded RMB 716.1 million in revenue from radioactive source products, representing a year-on-year increase of 22.2%. Gamma knife source and non-destructive testing radioactive source continued to maintain a stable and high market share. CNNC Qinshan Isotope successfully obtained the Class A radiation safety license, and the cobalt-60 radioactive source production line delivered 2 million curies.40-year solid accumulation in nuclear technology laid a solid foundationAs the main body of the nuclear technology application industry of CNNC, CIRC has been accumulated in the industry for over 40 years, forming a “6+N” industrial layout with six major businesses as the core, including nuclides, nuclear medicines, nuclear medical equipment, integrated solution for nuclear medicine, radioactive source and application, and irradiation application. During the Reporting Period, CIRC achieved 224 patent authorizations, with a total of 969 valid patents, and continued to maintain the leading position of the R&D investment intensity in the industry.In the field of nuclear medicine research and development, CIRC has demonstrated a strong technical capability from research results turned into technologies. Sodium fluorine-18 injection obtained the drug registration certificate from the National Medical Products Administration and was approved for marketing, filling the market gap of PET diagnostic imaging agent in the field of bone imaging in China. Iodine-131-MIBG injection is close to the end of Phase III clinical trial. After the drug is launched, it will provide a new diagnostic method for neuroendocrine tumors such as pheochromocytoma and neuroblastoma. It is worth noting that CIRC has proactively laid out integrated diagnosis and treatment drugs, and the research and development of Lutetium-177oxyoctreotide injection is progressing smoothly, marking a strategic upgrade from simple diagnosis to precise diagnosis and treatment.In addition to stabilizing the base of nuclear medicine, CIRC has gradually increased its emphasis on nuclear medical equipment. According to the sales data in recent years, the income of nuclear medical equipment has steadily increased. In 2024, a new generation of Gamma Knife was approved, which integrated CBCT image guidance, six-dimensional bed auto-correction, and other intelligent technologies, and the treatment efficiency was improved by 30%. In the Class A large-scale medical equipment market, CIRC occupies an absolute dominant position through its holding subsidiary, CNNC ACCURAY. In February this year, 19 of the 28 high-end radiotherapy equipment in the second round of Class A large-scale medical equipment licensing list released by the National Health Commission came from CNNC ACCURAY, accounting for 68% of the market. It is worth noting that the breakthroughs in the fields of Cobalt-60-based Stereotactic Therapy System also promote the localization of radiotherapy equipment.Facing the explosive growth of the nuclear medicine market, CIRC Accelerated Pharmaceutical Center continues to expand its nationwide network layout. In 2024, a new positron emission drug production line has been added in Lanzhou, with a total of 23 lines put into operation; Newly added Fuzhou Technetium Drug Production Line, with a total of 27 units put into operation. CIRC has built the first 10,000 Curie level lutetium-177 production line and a thousand level germanium-gallium [68Ge-68Ga] generator production line in the country, achieving a breakthrough in the localization of high-end nuclides.It is worth noting that CIRC has created a hierarchical innovation ecosystem through the "Parent-Subsidiary Collaboration" model. In 2024, its subsidiaries, CNNC HEADWAY (breath test) and CNNC Chengdu Gaotong (nuclide), were awarded the national level specialized, refined, and new "little giants" enterprise, bringing the total number of specialized, refined, and new enterprises under CIRC to 18. Among them, CNNC HEADWAY dominates the breath testing market with its integrated solution of "medicine box+instrument", while CNNC Chengdu Gaotong has become a benchmark in the field of nuclear technology application through its full chain layout of "Nuclide-Drug-Equipment". This innovative system, resembling an "Aircraft carrier battle group", provides sustainable momentum for the company's long-term growth.Expanding Development Space with Globalization LayoutAs the main force of CNNC Group's march towards people's life and health science and technology and the main channel for the transformation of advanced nuclear science and technology achievements, CIRC responds to the Group's "Overall&Coordination" internationalization strategy and the national "the Belt and Road" initiative, vigorously promotes the internationalization strategy and constantly expands overseas markets. By 2024, the export revenue will reach RMB 627 million, and the products will be exported to dozens of countries and regions such as Brazil, Peru, and Nigeria.At the beginning of this year, we successfully signed a contract for the supply of equipment for a million curies design source gamma irradiation station in Bangladesh. This is another equipment supply project for irradiation stations that has landed after winning the bid for the Bangladesh Institute of Nuclear Agriculture's design source gamma irradiation station project in 2024. After its completion and operation, the irradiation station will mainly serve the irradiation sterilization of medical products in Bangladesh, significantly improving the quality level and production processing capacity of local medical products, assisting the development of Bangladesh's medical industry, and benefiting local people's livelihoods.In Nigeria, CIRC successfully signed a contract for the overall supply of nuclear medical equipment, achieving the first successful landing of the Group's nuclear medical equipment overall supply project. In addition, CIRC actively expands into the ASEAN market and successfully exports cold chain drugs to Thailand; We have also signed strategic cooperation agreements with multiple entities in Brazil to support the signing of a memorandum of understanding on strategic cooperation in the field of nuclear technology applications between the National Atomic Energy Agency and Brazil.ConclusionAgainst the backdrop of policy support and sustained market demand, CIRC stated to focus on the "Do as the Demard of the Country" and further deepen the coordinated development of nuclear medicine and high-end equipment around the "Healthy China" strategic framework. According to its 2025 plan, key projects such as Qinshan Isotope Base, Phase I of Jiajiang Radioactive Source Base, and Phase I of North China Pharmaceutical Base will be promoted according to milestones, involving nuclide production, radioactive source manufacturing, and pharmaceutical supply chain layout. At the same time, CIRC will enhance its digital diagnosis and treatment service capabilities through the iteration of smart nuclear medicine projects, and plans to launch no less than 3 intelligent systems within this year.At the international level, CIRC will continue the market expansion strategy along the "the Belt and Road", rely on the existing business models such as radiation station equipment export, nuclear medical equipment overall solution output, focus on the cooperation in South America, Southeast Asia, the Middle East, North Africa and other regional markets, and further improve the global market penetration rate in the future or through localized cooperation.The management of the Company stated that in 2025, CIRC will continue to strengthen technological innovation, improve the modern industrial system, accelerate the cultivation and development of new quality productivity, continuously enhance core functions, improve core competitiveness, and accelerate the establishment of an internationally-renowned supply group of technology, product and service in isotope and radiation. Copyright 2025 ACN Newswire via SeaPRwire.com.
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2025 U.S. Open Polo Championship Final Concludes American High-Goal Season, Supported by U.S. Polo Assn. ACN Newswire

2025 U.S. Open Polo Championship Final Concludes American High-Goal Season, Supported by U.S. Polo Assn.

WELLINGTON, FL, Apr 22, 2025 - (ACN Newswire via SeaPRwire.com) - The 2025 U.S. Open Polo Championship®, played at the USPA National Polo Center (NPC) in Palm Beach County, showcased top-tier polo action from March 26 to April 20 and ended this Sunday with a thrilling Final win by La Dolfina Tamera over La Dolfina Catamount in a score of 12-8 in front of a record crowd.Agustina FondaLa Dolfina Tamera wins the U.S. Open Polo Championship® trophy.Watch the U.S. Open Polo Championship on ESPNHosted by legendary ESPN broadcaster Chris Fowler, the U.S. Open Polo Championship Final was played on the U.S. Polo Assn. Stadium Field, in front of an electric crowd. The game will be broadcast to a large global audience across multiple ESPN platforms, including ESPN2 on Saturday, April 26, at 10:30 AM EDT, as well as Primetime on ESPNews on Sunday, April 27. Check your local listing for air times.U.S. Polo Assn. Supports the Sport and Equine CharitiesAs the sport's most prestigious tournament in North America, the U.S. Open Polo Championship features some of the world's best polo players and equine athletes. Once again, the tournament was supported by U.S. Polo Assn., the official brand of the United States Polo Association (USPA), with U.S. Polo Assn. branded jerseys for teams, NPC staff uniforms, umpire outfitting, player prizes, and monetary donations to several local charities. Throughout the season, the global, sport-inspired brand has donated some $25,000 to polo charities and equine welfare, among others, including Homes for Horses Coalition, Museum of Polo and Hall of Fame, Polo for Life, Polo Players Support Group, Polo Pony Rescue, Polo Training Foundation, Replay Polo, Retired Racehorse Project, Vinceremos Therapeutic Riding Center, and Work to Ride Program."U.S. Polo Assn. is proud to once again support the U.S. Open Polo Championship, broadcast on ESPN platforms as one of the top sporting events of the Spring season alongside the Masters and Kentucky Derby," said J. Michael Prince, President and CEO of USPA Global, the company that manages and markets the multi-billion-dollar U.S. Polo Assn. brand. "It's an honor to have legendary ESPN broadcaster Chris Fowler as the host this year, alongside Kenny Rice and Adam Snow, bringing more access and awareness to the sport of polo as we continue to reach more and more sports fans and consumers around the world."An Electric Game Watched Live by a Record-Breaking CrowdThousands of fans at NPC witnessed the action-packed final game of the Gauntlet of Polo® tournament series, which included the C.V. Whitney Cup®, the USPA Gold Cup®, and the U.S. Open Polo Championship. In a year that delivered record-breaking crowds week in and week out, the thrilling final was filled with great plays from the world's best players on both teams, La Dolfina Tamera featuring 10-goal player Adolfo Cambiaso; Diego Cavanagh; Matt Coppola; and Alejandro Poma, and La Dolfina Catamount featuring 10-goal player Poroto Cambiaso; Jesse Bray; Rufino Merlos and Scott Devon. For the second year in a row, the U.S. Open Polo Championship Final presented an epic showdown between two of the world's top polo players who are also father and son.Adolfo, age 50, who has been defeated in the last two U.S. Open Finals, the last one being to his son, Poroto, age 19, reclaimed victory in this game to take home his 10th U.S. Open title. It was just this week that Adolfo turned 50, thus reclaiming the championship trophy as his perfect birthday present. Adolfo is considered the best polo player in history, having also won more than 17 titles in the Argentine Open Polo Championship, and is considered the "Greatest of All Time (GOAT)" beside other sports icons such as Tiger Woods, Michael Jordan, and Tom Brady.Adolfo Cambiaso, Age 50, Defeats Son Poroto Cambiaso, Age 19, Wins Back TrophyLa Dolfina Catamount came out strong at the beginning of chukker 1, but La Dolfina Tamera soon took the momentum and kept the game close. The score was tied at 6-6 after the 3rd chukker. After some clutch goals by Poma in chukkers 3,4, and 5 and an impressive long goal from Adolfo, Tamera continued to have the lead. Though Poroto scored an incredible 5 goals overall, and Bray scored in the 6th and final chukker, both of Catamount, to bring it to 11-8, there just wasn't enough time for a comeback. Tamera clinched their win with a thrilling goal by Coppola to make the final score 12-8. La Dolfina Tamera's Poma won MVP, scoring a team-high 4 goals, with Adolfo scoring 3 goals."Congratulations to La Dolfina Tamera on a remarkable victory in the U.S. Open Polo Championship," said Stewart Armstrong, Chairman of the USPA. "I would also like to thank and acknowledge all participating teams throughout the 2025 Season at NPC for leaving it all on the field for the sport.""Thank you to all of our patrons, players, sponsors, and sports fans for their passion and support for the sport of polo and the USPA this season," Armstrong added.The USPA National Polo Center, the Winter Equestrian Capital of the WorldGuests at NPC, the world's premier polo facility based in Palm Beach County, watched the action-packed match from many luxurious settings, including the sidelines, stadium boxes, tailgate tents, the grandstands, as well as from the U.S. Polo Assn. MVP Lounge, home to the iconic Sunday Polo Brunch. Sports fans also had exclusive on-site shopping opportunities at the flagship USPA Shop location, where limited-edition sport-luxury pieces in The Polo Club Collection and the U.S. Polo Assn. Global Collection were available for fans wanting to take home a piece of the sport of polo. New this year included a 4ocean branded custom-designed bracelet, an element of the longstanding partnership between the two brands, with 4Ocean being the Official Recycling Partner of the 2025 U.S. Open Polo Championship.Photo Credits: Agustina FondaLa Dolfina Tamera wins the U.S. Open Polo Championship® trophy.La Dolfina Tamera's Adolfo Cambiaso hooks the mallet of his son Poroto Cambiaso of La Dofina Catamount in a defensive play to ultimately win the U.S. Open Polo Championship® in a score of 12-8.The record-breaking crowd at the USPA National Polo Center (NPC) watching the heart-pounding U.S. Open Polo Championship® Final.About U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official 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 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. Historic deals with ESPN in the United States 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, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global and digital growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.For more information, visit uspoloassnglobal.com and follow @uspoloassn.USPA Global is a subsidiary of the USPA and manages the global, multi-billion-dollar U.S. Polo Assn. brand. Through its subsidiary, Global Polo Entertainment (GPE), USPA Global also manages Global Polo TV, which provides sports and lifestyle content. For more sports content, visit globalpolo.com.Contact InformationShannon StilsonVP, Sports Marketing & Mediasstilson@uspagl.com+001.561.227.6994Stacey KovalskyVice President, Global PR and Communicationsskovalsky@uspagl.com+001.561.790.8036SOURCE: U.S. Polo Assn.Related ImagesAgustina FondaLa Dolfina Tamera’s Adolfo Cambiaso hooks the mallet of his son Poroto Cambiaso of La Dofina Catamount in a defensive play to ultimately win the U.S. Open Polo Championship® in a score of 12-8.Agustina FondaThe record-breaking crowd at the USPA National Polo Center (NPC) watching the heart-pounding U.S. Open Polo Championship® Final. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Moolec Science Enters Into Transformational Transaction Expanding Across Multiple Technology Platforms ACN Newswire

Moolec Science Enters Into Transformational Transaction Expanding Across Multiple Technology Platforms

Luxembourg, Apr 21, 2025 - (ACN Newswire via SeaPRwire.com) - Moolec Science SA (NASDAQ:MLEC) ("The Company" or "Moolec"), a science-based food ingredient company focused on producing animal proteins and nutritional oils in plants, today announced that it has entered into a Business Combination Agreement (the "BCA") with Bioceres Group Limited ("Bioceres Group") and other related entities in an all-stock transaction (the "Business Combination"). Subject to the terms and conditions of the BCA, which was signed on April 17, 2025, several parties will transfer their respective holdings in Bioceres Group, Nutrecon LLC ("Nutrecon"), and Gentle Technologies Corp ("Gentle Tech", and together with Bioceres Group and Nutrecon, the "Contributed Entities"), resulting in an enlarged corporate structure with Moolec as the parent company. In exchange, Moolec will issue a combination of up to 87 million newly issued shares and 5 million warrants to the shareholders of the Contributed Entities, as more fully described below in the Timing and Approvals section.Federico Trucco, Bioceres Group's board member and CEO of Bioceres Crop Solutions Corp commented: "The need to accelerate agricultural innovation to address current and future challenges, such as enhancing on-farm profitability and reducing environmental impact, is increasingly evident. Molecular farming, as exemplified by Moolec Science, offers a compelling solution to the challenge of balancing productivity and sustainability. For instance, what soybean yield technology can rival the direct production of 300kg of animal protein from a 3-ton-per-hectare crop?" He then finished: "Moolec's recent transformational transaction represents the kind of bold action needed to drive radical change in agriculture. Integrating technologies and capabilities, along with a holistic perspective on agricultural evolution, are essential for moving beyond incremental improvements. Scale and visibility, both of which are key aspects of this transaction, are crucial to achieving this goal. Bioceres is enthusiastic to be part of a larger, more ambitious Moolec, one that expands its focus from science in food ingredients to a comprehensive ‘cradle-to-cradle' approach."Juan Sartori, Founder and Chairman of Union Group remarked: "This is not just a strategic alignment of businesses, it's the creation of a new kind of company for the 21st century. By combining science, scale, and sustainability, Moolec is positioned to lead a global transformation in how we produce food, materials, and energy. I'm proud to support this vision and the exceptional teams bringing it to life."Following the closing of the Business Combination, Moolec will become uniquely positioned in the agricultural value-chain, with a powerful and validated technology discovery and development engine that can address in a cost-competitive way multiple upstream and downstream needs. Moolec's new value proposition will be centered around modifying or improving seeds and microbes to positively impact the way we utilize land and water resources, while preserving and/or improving human health.Alejandro Antalich, Chairman of Synbio Powerlabs® added: "This combination marks a defining moment for the bioeconomy. By integrating next-gen ingredients, biological ag solutions, and deep-tech manufacturing capabilities under one roof, we are building a company with unmatched scientific depth and commercial reach. Together, we aim to accelerate the shift toward a more sustainable and resilient food system, one that works in harmony with nature, rather than against it."As stated in their most recent annual reports, the companies and brands, which will be controlled or co-controlled by Moolec at the closing of the Business Combination, manage a portfolio of more than 800 patents (or patent applications) and over 550 product registrations, which translates into more than half a billion dollars of goods and services sold in their last fiscal year, to customers in more than 50 different countries.José López Lecube, CFO and Director of Moolec commented: "This transformative transaction marks a new stage for Moolec, positioning the company for growth within a broader organization that facilitates synergies on multiple levels. Becoming part of a larger organization will enable cost efficiencies and significant revenue increase as well as product portfolio diversification. It will also enlarge our investor base, providing the company with new stakeholders who support Moolec's new and more diversified business."Finally, as reported Mr. Gastón Paladini will step down as Chief Executive Officer (CEO), Director and Chairman of the Board, effective immediately following Moolec's Extraordinary General Meeting ("EGM") to be held on April 22, 2025.Key highlights:Ingredient Innovation: Moolec will continue to develop its flagship molecular farming products such as Piggy Sooy™ and GLASO™, while integrating Mycofood™ under the Eternal® brand from Nutrecon.Biological Ag Expansion: Through Bioceres Group, Moolec will now offer upstream technologies for regenerative agriculture, including biological inputs and climate-resilient seeds like Rizobacter®, ProFarm®, and the HB4® trait.Advanced R&D and Services: Leveraging expanded infrastructure, Moolec will offer R&D, CDMO, and regulatory services under the Agrality® and Synbio Powerlabs® brands, which are controlled or co-controlled by Bioceres Group and Nutrecon, respectively.Emerging Tech & Equipment: The Company will also expand its reach into emerging technologies for grain and biomass transformation, especially in the biomaterials space, as well as new concepts on farm equipment, integrating material science, electric mobility, and autonomy. These emerging opportunities are being pursued by Gentle Tech and Bioceres Group subsidiaries.Operational Synergies: The Business Combination is expected to result in significant cost synergies and an integrated management structure, which will be presented at or prior to closing of the Business Combination.Timing and ApprovalsThe Business Combination was unanimously approved by the Board of Directors of all the entities participating in the deal. It is expected to close during the second quarter of 2025 or thereafter, and it is subject to finalizing Moolec's reverse stock split process and re-domicile to the Cayman Islands among other customary closing conditions and regulatory approvals. This includes the approval by Moolec's shareholders at a special meeting of shareholders of proposals relating to the Business Combination. Given that the transaction was originally proposed by about 70% of Moolec's current shareholders, the Company expects strong shareholder support for the Business Combination approval.The Business Combination will be consummated through an equity exchange. Bioceres Group's shareholders will surrender their share ownership in Bioceres Group and will receive in exchange up to 80,590,280 shares of Moolec. The shareholders of 100% of Nutrecon and 50% of Gentle Tech will surrender their ownership in these two entities and will receive in exchange 6,475,000 shares of Moolec and 5,000,000 warrants of Moolec at a strike price of $2.00 per warrant, subject to adjustment based on the results of the reverse stock split process.The intrinsic value of the exchange ratio and the $2 strike price of warrants represent both a compelling premium to Moolec's current stock price, and a unique opportunity to assemble one of the most formidable public companies in the agricultural industry.Description of Contributed Entities and AssetsThe Contributed Entities consist of Bioceres Group and its subsidiaries, Nutrecon and its subsidiaries and Gentle Tech and its subsidiaries.Bioceres GroupBioceres Crop Solutions Corp. (NASDAQ: BIOX)Fully integrated provider of crop productivity solutions, including patented technologies for seeds and microbial agricultural inputs, as well as next generation crop nutrition and protection solutions. The company developed HB4® technology, which confers tolerance to climate changes in soybeans and wheat by allowing these crops to tolerate drought and soil salinity conditions. It also owns and licenses more than 570 products with approximately 750 patents and patent applications in the United States, Canada, Brazil, Argentina and other countries.Bioceres Tech Services (Agrality® & Inmet)Agrality® is a global agricultural services provider catering to agro-industrial companies worldwide. Their comprehensive service offerings encompass seed manufacturing and R&D, field-testing, and regulatory capabilities, ensuring their clients receive end-to-end solutions. Agrality's key assets include advanced seed production facilities, enabling high-quality seed development and production.Inmet specializes in the bio-transformation of agro-industrial residues, offering sustainable solutions for waste management in the agricultural sector. They utilize innovative technologies to convert agricultural waste into valuable products. Additionally, Inmet is involved in the production and assessment of bioplastics, contributing to the development of eco-friendly alternatives to conventional plastics.Nutrecon (Synbio Powerlabs®)Headquartered in Helsinki, Finland, Synbio Powerlabs® is an innovative early-stage biotechnology company specialized in research, development, and production of sustainable fungi-derived ingredients. With state-of-the-art laboratories and a pilot-to-industrial scale precision fermentation facility, the company operates uniquely as both a Research and Technology Organization ("RTO") and a Contract Development and Manufacturing Organization ("CDMO"). This dual role enables Synbio Powerlabs® to seamlessly bridge the gap between cutting-edge biotechnology research and real-world industrial applications, accelerating the commercialization of novel bio-based products. Its flagship product line, marketed under the Eternal® brand, features a diverse portfolio of high-quality, sustainable ingredients derived from fungi, serving multiple industries and applications.Gentle Tech (G-FAS & Gentle Farming)A frontier tech company developing sustainable, autonomous agricultural equipment. Focused on reducing environmental impact through innovations in materials science, information technologies, and alternative energy to maximize efficiency and minimize the carbon footprint. The business model includes G-FAS (selling ultra-light weight harvesting heads directly to farmers) and Gentle Farming (developing machinery for autonomy and intelligent management).Forward Looking StatementsThis press release contains "forward-looking statements." Forward-looking statements may be identified by the use of words such as "forecast," "intend," "seek," "target," "anticipate," "believe," "expect," "estimate," "plan," "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements with respect to performance, prospects, revenues, and other aspects of the business of Moolec are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Although we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that these statements are based on a combination of facts and factors, about which we cannot be certain. We cannot assure you that the forward-looking statements in this press release will prove accurate. These forward-looking statements are subject to a number of significant risks and uncertainties that could cause actual results to differ materially from expected results, including, among others, changes in applicable laws or regulations, the possibility that Moolec may be adversely affected by economic, business and/or other competitive factors, costs related to the scaling up of Moolec's business and other risks and uncertainties, including those included under the header "Risk Factors" in Moolec's Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission ("SEC"), as well as Moolec's other filings with the SEC. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Accordingly, you should not put undue reliance on these statements.Contact InformationPress & Media: comms@moolecscience.comInvestor Relations: ir@moolecscience.comSOURCE: Moolec Science SARelated Documents:Moolec Science Enters into Transformational Transaction Expanding Across Multiple Technology Platforms.pdf Copyright 2025 ACN Newswire via SeaPRwire.com.
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Thailand’s Brewing Industry Gets a Boost with Life Below Labs’ Local Yeast Hub ACN Newswire

Thailand’s Brewing Industry Gets a Boost with Life Below Labs’ Local Yeast Hub

BANGKOK, Apr 17, 2025 - (ACN Newswire via SeaPRwire.com) - Life Below Labs, an emerging yeast microbiology startup in Southeast Asia, has officially launched its first production facility in Bangkok, Thailand. Doubling as the company’s headquarters and central production hub, the state-of-the-art lab is dedicated to the innovation, preservation, and large-scale cultivation of fresh brewer’s yeast—offering local craft breweries unrivaled access to high-quality, locally produced fermentation cultures.The facility is equipped with cutting-edge yeast cultivation and quality control systems, including deep freeze storage that adheres to the rigorous standards of national microbial culture banks. This robust infrastructure allows Life Below Labs to preserve yeast cultures at a professional-grade level—ensuring a reliable supply of fresh, high-performance yeast customized to meet the evolving needs of Southeast Asia’s craft beer industry.Engineered for the production of commercial-grade fresh yeast, the lab empowers brewers with superior fermentation consistency, enhanced cell viability, and greater precision in shaping the flavor and aroma profiles of their beer—delivering a distinct edge over conventional dry yeast alternatives.Yeast plays a pivotal role in brewing, deeply influencing a beer’s aroma, flavor profile, and mouthfeel. However, access to fresh, high-quality yeast remains limited in Southeast Asia—hampered by import regulations, supply chain constraints, and the high costs of sourcing from overseas markets like the U.S., Europe, and Australia. Life Below Labs is breaking down these barriers by offering regionally produced, premium-grade fresh yeast specifically crafted to meet the needs of Southeast Asia’s growing craft beer industry.“This facility opens the door for brewers to push creative boundaries and redefine what’s possible in craft beer,” said Alan Edwards, Founder of Life Below Labs. “Fresh, high-quality yeast is a game-changer—enhancing flavor complexity, improving fermentation control, and ensuring batch-to-batch consistency. Our mission is to empower breweries across the region with the tools they need to innovate boldly and deliver exceptional, distinctive beers to their customers.”Backed by decades of combined expertise in bioprocess development and scale-up, Life Below Labs brings deep specialization in fresh yeast fermentation to Southeast Asia’s brewing scene. Founder Alan Edwards and business advisor Thanit Apipatana, both graduates of Imperial College London with backgrounds in Bioengineering and Biochemistry, respectively, lead the team.Trained to uphold rigorous quality standards, the Life Below Labs team ensures meticulous process management at every stage. Its professionally curated yeast bank provides breweries with customized, high-performance yeast strains—offering a dependable backbone for crafting a wide variety of alcoholic beverages.Thanit Apipatana, business advisor at Life Below Labs, said, “Brewing is evolving rapidly, and innovation starts with the right foundation. At Life Below Labs, we view yeast as more than just an ingredient; it’s the essential starting point for every exceptional beverage. We are dedicated to refining this foundation now, enabling brewers to experiment, create, and push boundaries later on without compromise.”Life Below Labs is currently focused on innovating new yeast strains for the future.About Life Below LabsLife Below Labs is a Thailand-based company that provides freshly propagated yeast solutions for craft breweries and beverage producers across Southeast Asia. Combining advanced microbiology expertise with innovative bioprocessing techniques, Life Below Labs delivers high-quality yeast tailored for superior flavor, consistency, and production flexibility. The company is led by founder and CEO Alan Edwards, who brings over a decade of microbiology experience to support breweries in creating exceptional beverages. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Saudi CFO Summit 2025: Navigating Digital Change & Business Growth ACN Newswire

Saudi CFO Summit 2025: Navigating Digital Change & Business Growth

Saudi Arabia, Apr 21, 2025 - (ACN Newswire via SeaPRwire.com) - CFOs in the digital era do more than just run the financial operations of the organization: They now also sit atop the organization where they lead the charge toward financial digitization. CFOs have an eminent role to play here in driving process standardization and automation efforts and ensuring that their organizations on board with technologies such as RPA, AI, and machine learning. With the continuous advancement of these technologies, however, the CFO is left wrestling with the issue of assessing critically which of these instruments would add real value and which ones are simply trends. A CFO should confirm that he or she does not show any biases and will also use sound judgment in arriving at decisions with respect to new technologies rather than blindly following the latest fad. Achieving this balance while navigating a dynamic environment is the major challenge of today's CFO: the technocrat should balance the adoption of technology with corporate foresight, with the understanding that innovation should facilitate long-term financial goals and operational efficiency.In the Middle East, there’s a growing misunderstanding about the roles of Certified Public Accountants (CPAs) and Chief Financial Officers (CFOs), which is creating challenges for effective financial leadership and overall business performance. While CPAs are focused on compliance, audits, and ensuring financial accuracy, CFOs are responsible for steering the company’s overall financial health.The 25th Edition CFO Leadership Summit, taking place on April 23rd, 2025, at the Radisson Blu Minhal in Saudi Arabia, will help address this by bringing together over 200 finance leaders to dive into the latest trends and disruptions in the industry. Through engaging presentations, panel discussions, and real-world case studies, the event will offer valuable insights to help finance professionals sharpen their skills and stay ahead in a rapidly changing market. The sessions will cover everything from making strategic decisions and managing investments to effectively communicating with stakeholders and navigating risks around cash flow, capital allocation, and regulatory compliance. Who will Speak?Heni Jallouli, Group Chief Financial Officer, Jahez International Company.Ozgur Oncu, Group Chief Financial Officer, Petromin Corporation.Mohamed Helal, Group Chief Financial Officer, Al Watania For Industries.Amit Kauntia, Group Chief Financial Officer, Abdul Mohsen Al Tamimi Group. Sarfaraz Ahmed,Group Chief Financial Officer,Saudi Cable.Arif Idrees,Group Chief Financial Officer,Tahweel Holding.Hussam Abdullah,BukhariGroup Chief Financial Officer,Takamol Holding.Rami Abuelsamen,Regional Chief Financial Officer,Almana Group of Hospitals. The event will cover topics like:CFO's Playbook: Navigating Strategic Communication.Investing in Tomorrow: CFO Strategies for Sustainable Growth.Future-Proofing Finance: Advanced Scenario Planning for Complex Business Environments.From Numbers to Narratives: Debunking Common Misconceptions.Driving Business Growth: Advancing with AI and Automation.Adaptability in the Face of Change:The Evolving Role of the CFO.For more information on the 25th Edition CFO Leadership Summit : LinkAbout ExitoExito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.For Media Enquiries, contact:Kasturi Nayak (Sr.) Marketing ExecutiveKasturi.nayak@exito-e.comEnquiry@exito-e.com Copyright 2025 ACN Newswire via SeaPRwire.com.
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A Strategic Event for HR Leaders and Experts to Drive Transformation in the Saudi Workforce ACN Newswire

A Strategic Event for HR Leaders and Experts to Drive Transformation in the Saudi Workforce

Saudi Arabia, Apr 21, 2025 - (ACN Newswire via SeaPRwire.com) - Saudi Arabia, as a developing country, has achieved tremendous progress in changing its human resources development (HRD) sector, but it still faces hurdles in aligning its workforce with the needs of rapid economic growth. Despite recent social and economic reforms, Saudi labour markets continue to struggle to fulfil the country's changing economic needs. Human Resource Development is crucial to this change, serving as an indicator of the country's social, cultural, and economic growth. The National Human Resource Development (NHRD) framework empowers HR professionals to go beyond company talent development and address larger national challenges. This framework serves to highlight labour market concerns while also ensuring that HRD policies are adapted to the needs of the future workforce.The Human Capability Development Program (HCDP), started in 2021 as part of Saudi Arabia's Vision 2030, intends to empower citizens while also increasing global competitiveness. The HCDP is intended to produce a competitive national workforce by emphasizing value promotion, future skill development, and knowledge enhancement. To do this, continual analysis of NHRD policies is required to align labour demands and supply, resulting in successful workforce planning for long-term national growth. This strategic strategy is critical for providing the Saudi workforce with the skills needed to face future problems.Overview of the event:The 4th Edition of the HR World Summit, themed "Unlocking the Future of Human Potential," is a premier, invitation-only event that brings together over 200 HR leaders and experts. Set to take place on April 24, 2025, at the Radisson Blu Minhal, this summit offers an exclusive platform for in-depth discussions on the challenges and opportunities in human resources. With a focus on advancing skill development, promoting innovation, and implementing effective strategies to enhance organizational competitiveness, attendees will gain valuable insights and tools to drive transformation. This gathering of CHROs, VPs of HR, talent management leaders, and HR professionals will foster impactful networking and provide actionable solutions to elevate organizational performance in today’s rapidly evolving landscape.Who will Speak?Abdullah Zabin AlOtaibi, Vice President of Upstream HR at Aramco.Ahmed Omar Baaboud, Chief Shared Services Officer at Real Estate Registry.Hessah Fahad Moammar, Vice President of People & Culture at ACWA Power.Ratibah Aljawini, Executive Director of Human Resources for the Human Capability Development Program.The event will cover topics like:Reimagining HR for a Digital Age: Navigating the Saudi Arabian LandscapeAddressing Quiet Quitting: Retaining Top Talent in a Competitive Job MarketAI in HR: A Double-Edged Sword? Balancing Benefits and RisksBreaking Down Barriers: A Conversation on DEI and Workplace TransformationToxic Workplace: Breaking the Cycle and Building a Healthy CultureThe Future of Work: Navigating Uncertainty and Embracing OpportunitiesFor more information on the 4th Edition HR World Summit: LinkAbout ExitoExito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.For Media Enquiries, contact:Kasturi Nayak (Sr.) Marketing Executive)Kasturi.nayak@exito-e.com Enquiry@exito-e.com Copyright 2025 ACN Newswire via SeaPRwire.com.
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inter airport Southeast Asia 2025 sets a new benchmark for attendance, marking its 8th edition in Singapore with record-breaking participation ACN Newswire

inter airport Southeast Asia 2025 sets a new benchmark for attendance, marking its 8th edition in Singapore with record-breaking participation

Trade attendees gathered in anticipation for the opening day of IASEA 2025.SINGAPORE, Apr 21, 2025 - (ACN Newswire via SeaPRwire.com) - The 8th edition of inter airport Southeast Asia (IASEA) was held in Singapore from 25-27 March 2025. Spanning across 6,259 sqm of exhibition space, the airport exhibition and conference brought together 3,621 industry trade professionals from 53 countries and regions, and featured 134 exhibiting companies including pavilions representing Germany, Italy, Japan and Singapore.The event saw a 43% increase in exhibitor size and a 15.6% rise in attendee numbers, underscoring the rising significance of IASEA as a platform for productive discussions. The event's achievement is also attributed to the increasing demands of operators and the rapid development and expansion of airports in Asia.The landmark event in Asia featuring the latest innovations and solutions for airportsIASEA serves as the dedicated event for airports, airlines, aviation authorities, ground handlers and related business executives in Asia to learn about and experience the latest products, services and technologies, for the future development of Asia’s airports.One of the highlights of this year’s edition was the presence of a delegation of leaders from major international airports in Vietnam, including Long Thanh International Airport—one of the world's most expensive greenfield airport projects—Noi Bai Airport, Danang Airport, Cat Bi Airport, Phu Quoc Airport, and Cam Ranh International Terminal.One of Airports Corporation of Vietnam’s (ACV) primary objectives in the coming years is the successful completion and operation of Long Thanh International Airport. Under the direction of the Prime Minister of Vietnam, the presence of ACV’s delegation at IASEA 2025 was to seek high-quality solutions and potential partners for this airport. Mr. Nguyen Cao Cuong, Deputy General Director, Airports Corporation of Vietnam (ACV), shared during his opening remarks, “Vietnam, as one of the fastest-growing aviation markets in the world, is actively developing key airport infrastructure projects to meet the increasing demand for air transport. This event is not only an opportunity to explore the latest advancements in aviation technology but also serves as a platform for collaboration and exchange, fostering stronger partnerships to enhance airport infrastructure across Southeast Asia."Attendees explored innovative airport solutions on the IASEA 2025 exhibition floor.First-time exhibitor Thales participated to expand business opportunities with regional aviation players and introduce solutions such as its latest Fly-to-Gate biometrics solution that enables a touchless, fast, and easy passenger journey from check-in to boarding. Thales commented, “Air traffic has fully recovered since the pandemic years. The increase of major projects and the prioritisation of data (data management, data sharing, data security) from airport decision-makers have grown vastly within the industry. At Thales, we recognise that data will improve efficiency in airport operations – namely terminal operations, aircraft turnaround, passenger flow – beyond what hardware can achieve. However, these advancements also come with challenges, including cybersecurity and leveraging data while keeping airport operations human-centric. Our participation at the conference and exhibition of IASEA 2025 allowed us to connect and engage in discussions with several airport and aviation representatives. We were also able to share Thales’ expertise in airport operations and security, cybersecurity resilience, and biometric solutions, all for a seamless passenger experience.”Smiths Detection, a global leader in threat detection and security screening technologies, introduced the SDX 10060 XDi to the Asia market – a leading-edge X-ray scanner that offers highly accurate material discrimination and substance identification based on an object’s molecular structure. “We are glad to be back at IASEA, a key platform for us to showcase our latest solutions and connect with both customers and prospects because the show attracts aviation leaders from across the region,” said Desmond Lian, Senior Solutions Consultant, Smiths Detection (Asia Pacific) Pte. Ltd. “It was especially meaningful to reconnect with major airports such as Narita International Airport Corporation, as we discuss each other’s long-term plans and areas of collaboration. Such conversations make me hopeful for stronger integration of AI and security systems across the air and land side of the aviation industry. I hope to see the development of an architecture platform where different industry players can share and communicate data, and tackle cybersecurity issues as an ecosystem.”Additionally, Mallaghan, one of the fastest-growing airport Ground Support Equipment (GSE) manufacturers (headquartered in Ireland and with a worldwide presence), returned to the 8th edition of IASEA 2025. Niall Mallaghan, Director at Mallaghan, shared, “IASEA has always been one of our go-to exhibitions for the Asia Pacific region because of the opportunities to meet leading suppliers and our customers such as dnata and SATS. While the industry traditionally relied on diesel-powered GSE, Mallaghan, together other industry leaders, have recognised the impact of electrifying ground handling equipment as an effective route towards greener aviation. At Mallaghan, we strive to enable airports to reach their sustainability goals by working closely with the ground handlers.”Conversations that focused on resilient, data-driven airportsIn line with this year’s theme, “Airport Operations for Tomorrow”, the conference and exhibition floor saw timely conversations on the use of technology – more specifically, data and Artificial Intelligence (AI) – to drive resilient airports of tomorrow. “With the ever-increasing complexities of running an airport, the chances of something going awry also rise significantly. Thus, keeping airport operations resilient is paramount,” said David Jea, GM, Safety, Security & Business Continuity, Airport Authority Hong Kong. “As a conference speaker of this year’s IASEA, I’m thankful for the opportunity to engage with peers on aviation security, and the exposure to the full range of innovations for airport operations, with my greatest harvest being the appreciation of technology for optimised operations. The airports of tomorrow necessitate industry players to use AI and other technologies effectively, ensuring the solutions adopted are advanced and secure, workers are trained with more proficient skill sets, and the industry continues to attract professionals.”Industry experts at one of the IASEA 2025 terminal operations panels ‘Future-Proofing Airport Security: Balancing Safety, Technology & Passenger Experience’As of 2024, Asia Pacific holds over 40% of the global aircraft orders, signifying a strong focus on fleet investment and renewal for the region. Ensuring airports keep up with this projected regional growth, the panel titled ‘Using Data Analytics to Optimise Airport Operations’ dived into the challenges and opportunities of harnessing data analytics to drive innovation and ensure sustainable growth in airport operations. Industry leaders acknowledged that airports typically generate a wealth of live data that can help to enhance the passenger experience. However, a core challenge is in utilising this data – the industry is looking to integrate all data on a single system for real-time processing, while ensuring security measures are in place in the face of cyber threats. Separately, on the ground handling side, the conference panel ‘Boosting Operational Resilience: Preparing for the Unexpected’ gave a comprehensive overview of how ground handling teams can build robust operations that withstand unforeseen challenges of equipment failures, staffing shortages, and extreme weather. Panellists emphasised the role of ground handlers in adapting to unique equipment and processes deployed across individual airports. Disruptions can come in many forms. Hence, it is imperative for the ground handlers to work closely with the airports (with diverse teams across different airports) to analyse big data, address the disruption, and re-instil confidence in passengers.inter airport SEA will return for its 9th edition in 2027, from 23-25 March. For more exhibition and conference highlights, please visit the event website, LinkedIn, or Facebook pages. About inter airport Southeast Asiainter airport Southeast Asia influences and accelerates the transformation of the airport industry in Asia by crafting a unique, 3-day airport trade show for the region.Every odd year, buyers and decision makers from the airports, airlines, ground handlers and the entire Airport community in Asia attend inter airport Southeast Asia to source and experience from the most diverse selection of innovations, technology and equipment for airport terminals and ramp operations.Whatever your strategy or needs - this is the place to be for business, friendship and new trends.23-25 March 2027Marina Bay Sands, Singaporewww.interairport-southeastasia.comAbout RX RX is a global leader in events and exhibitions, leveraging industry expertise, data, and technology to build businesses for individuals, communities, and organisations. With a presence in 25 countries across 42 industry sectors, RX hosts approximately 350 events annually. RX is committed to creating an inclusive work environment for all our people. RX empowers businesses to thrive by leveraging data-driven insights and digital solutions. RX is part of RELX, a global provider of information-based analytics and decision tools for professional and business customers. For more information, visit www.rxglobal.com.About RELXRELX is a global provider of information-based analytics and decision tools for professional and business customers. RELX serves customers in more than 180 countries and has offices in about 40 countries. It employs more than 36,000 people over 40% of whom are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York stock exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.*Note: Current market capitalisation can be found at http://www.relx.com/investorsMedia contacts (on behalf of RX)Carolyn Kok (carolyn.kok@fifthring.com)Chloe Lim (chloe.lim@fifthring.com) Copyright 2025 ACN Newswire via SeaPRwire.com.
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