Author: Durian

Chigasaki, Japan, Mar 21, 2025 - (JCN Newswire via SeaPRwire.com) - ULVAC, Inc. and ULVAC CRYOGENICS INC. announced that they are developing a next-generation dilution refrigerator for quantum computers with imput from IBM. This product will provide a cryogenic environment essential for the stable operation of quantum computers, and it also promotes technological development and collaboration with research institutions and enterprises. While cooling systems from overseas manufacturers currently dominate Japan’s market, ULVAC is establishing a domestic production framework to support the advancement of research and development in the country.Cryogenic Technology Supporting the Advancement of Quantum ComputingSuperconducting qubits in quantum computers require operation at temperatures near absolute zero, making advanced cooling technology essential. In response to this challenge, ULVAC is developing a new dilution refrigerator.Key FeaturesIn-House Manufacturing of Core Components: ULVAC independently develops and manufactures dilution refrigerators, pulse-tube cryocoolers, and vacuum components, ensuring a stable supply and long-term support.High Cooling Performance: Capable of maintaining cryogenic temperatures at the 10mK level, supporting the stable operation of qubits.Scalable Modular Design: Designed to accommodate future large-scale quantum computing environments.Market Background and ULVAC’s CommitmentIn the Japanese quantum computing research and industrial market, dilution refrigerators from overseas manufacturers are widely used. However, challenges such as prolonged delivery lead times and delays in maintenance support have become increasingly evident. To address this situation, ULVAC has established an independent domestic production system, ensuring a stable supply and rapid technical support to facilitate the continuous advancement of research institutions and enterprises.Engagement With IBM and Industry OutlookULVAC, with input from IBM, has been developing the next generation of dilution refrigeration systems that meet IBM’s specifications for their superconducting qubit-based quantum computers. The new cryogenics platform resulting from this development has the potential to advance the quantum computing industry, while also enhancing the global supply chain for cryogenic equipment.IBM is expanding its quantum hardware ecosystem to advance the commercialization of superconducting quantum computers, with cooling technology playing a critical role in this effort.“Our goal is to build increasingly complex quantum machines, which means we need partners, like ULVAC, to help develop important components that will allow us to scale both systems and the industry. We have a long history of partnering with ULVAC to build the complex tools necessary for our semiconductor business, and now we look forward to ULVAC becoming an important part of the quantum industry.”— Dr. Jay Gambetta, Vice President of Quantum, IBM Fellow.“ULVAC is committed to leveraging its expertise in vacuum and cryogenic technologies to deliver high-performance, reliable dilution refrigerators for the global quantum computing market. Moving forward, we will continue our collaboration with IBM to develop solutions that drive the advancement of quantum technology.”— Setsuo Iwashita, President and CEO, ULVAC, Inc.Future ProspectsThe quantum computing industry is expected to experience significant growth over the next decade. Leveraging its expertise in vacuum and cryogenic technologies, ULVAC aims to provide advanced cooling solutions that are accessible to more research institutions and enterprises. Currently, ULVAC is conducting evaluation tests in collaboration with IBM, including testing at IBM’s quantum data center in Poughkeepsie, New York this year, with industry deployment scheduled for early 2026.ULVAC remains committed to advancing cryogenic technologies to further the quantum industry with IBM and other industry partners.About ULVAC, Inc.Since its founding in 1952, ULVAC, Inc. has been a comprehensive vacuum equipment manufacturer, providing manufacturing equipment, components, analytical instruments, materials, and services based on its core technology—vacuum technology. Working with customers across a wide range of industries, including semiconductors, electronic components, displays, automotive, and pharmaceuticals, ULVAC is committed to driving cutting-edge innovation and creating new value. https://www.ulvac.co.jp/en/About ULVAC Cryogenics Inc.Since its founding in 1981, ULVAC Cryogenics Inc. has been engaged in the development, manufacturing, and sales of cryopumps and cryogenic equipment utilizing cryogenic and control technologies. The company was founded through the integration of the vacuum technology of Japan Vacuum Engineering Co., Ltd. (now ULVAC, Inc.) and the refrigeration technology of the U.S.-based Helix Technology Corporation (now Edwards Vacuum LLC). In Japan, ULVAC Cryogenics holds a 40% market share in cryopump sales. https://www.ulvac-cryo.com/?lang=enFor more information:ULVAC CRYOGENICS INC. Sales Planning DepartmentTEL +81-467-85-8884 / Mail cryokikaku@ml.ulvac.com Copyright 2025 JCN Newswire via SeaPRwire.com.

TOKYO, Mar 20, 2025 - (JCN Newswire via SeaPRwire.com) - Hitachi, Ltd. (TSE:6501, "Hitachi"), today unveiled a bold new brand design that reflects the company's transformationto what it calls "True One Hitachi", with digital at its core. Officially launching on 1st April 2025, the new brand builds on the company’s legacy of engineering excellence and updates it to more clearly reflect Hitachi’s pioneering spirit andforward-looking focus, creating value as one Hitachi by further strengthening collaboration between its businesses.Ahead of the next Mid-term Management Plan, the brand refresh reflects Hitachi’s transformation over the years, bymodernizing the company’s visual identity for the first time in 25 years, with six key design assets, including an evolved logo so all Group companies adopt the same ‘Hitachi’ logo; refreshed colours; bespoke typeface; dynamic layouts; imagery; and graphic textures.Hitachi Sans, a new bespoke typeface created for Hitachi, ensures the new font acts as a unique signature ofHitachi’s brand identity. Hitachi has also added a new range of 3D tonal textures inspired by the brand’s origins and precision engineering expertise. They come in two styles - Red and Neutral - and will be used as a wide range of backdrops, both static and moving.The new brand design follows the announcement of incoming President and CEO, Toshiaki Tokunaga, and a new business structure that will accelerate the creation of Hitachi's unique value globally through leveraging strengths in IT, OT, and products.Toshiaki Tokunaga, who will become President and CEO of Hitachi, Ltd. from April 1, 2025, said: “This newbrand design demonstrates Hitachi Group's determination to unite and challenge itself for a new stage of growth, by leveraging the transformation it has already undergone.“To achieve sustainable growth and enhance corporate value for Hitachi, we believe it is essential to continuously transform our mindset and work practices by swiftly identifying and adapting to changes in the economy andsociety. The Hitachi Group, spread across the globe, will come together under a single brand design that symbolizes this transformation, to create unique value that only Hitachi can offer, while advancing social innovation initiatives.”About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” - supporting our customers’ digital transformation; “Green Energy & Mobility” - contributing to a decarbonized society through energy and railway systems, and “Connective Industries” - connecting products through digital technology to providesolutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers.The company’s revenues as 3 sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiariesand approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com. Copyright 2025 JCN Newswire via SeaPRwire.com.

FINANCIAL HIGHLIGHTSRMB’000For the yearended 31 DecemberFor the 3 monthsended 31 December 2024 2023 20242023Revenue10,317,9048,533,6112,792,4782,310,135- Office software and services5,121,0754,556,5131,501,1811,285,691- Online games and others5,196,8293,977,0981,291,2971,024,444Gross Profit8,580,4767,030,3432,343,3441,896,250Operating Profit3,646,6232,226,8821,106,890714,794Profit Attributable to Owners of the Parent1,551,613483,457460,241205,435Basic Earnings Per share (RMB)1.160.360.350.15HONG KONG, Mar 19, 2025 - (ACN Newswire via SeaPRwire.com) - Kingsoft Corporation Limited (“Kingsoft” or the “Company”; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its 2024 annual results and fourth quarter results for the period ended 31 December 2024.For the year of 2024, the revenue of Kingsoft increased 21% year-on-year to RMB10,317.9 million. Revenue from the office software and services, and online games and others represented 50% and 50% of the Group’s total revenue for the year of 2024, respectively. Gross profit increased 22% year-on-year to RMB8,580.5 million. In 2024, the Group’s operating profit reached 3,646.6 million, a strong year-on-year increase of 64%.For the fourth quarter of 2024, the Company’s revenue increased 21% year-on-year to RMB2,792.5 million. Revenue from the office software and services, and online games and others represented 54% and 46% of the Group’s total revenue for the fourth quarter of 2024, respectively. Gross profit for the fourth quarter of 2024 increased 24% year-on-year to RMB2,343.3 million. The Group’s gross profit margin increased by two percentage points year-on-year and kept flat quarter-on-quarter to 84%.Mr. Jun LEI, Chairman of the Company, commented: “Throughout 2024, we remained dedicated to technology empowerment, focused on strengthening our core capabilities, and achieved the milestone of surpassing 10 billion in revenue for the first time. Kingsoft Office Group focuses on the core strategic directions of ‘multiscreen, cloud, content, collaboration, AI’ and continues to increase investment in R&D in the fields of collaboration and AI. This drives product iteration and upgrades through innovation, creating a product system that better meets user needs, effectively enhancing its market competitiveness and industry influence in the intelligent office business. For the online games business, we deeply engage in classic wuxia IP, actively exploring new genres to provide users with diverse gaming experience.”Mr. Tao ZOU, Chief Executive Officer of the Company, added, “The Group’s overall performance in 2024 was strong, achieving record highs in revenue, profitability, and core operating metrics. In 2024, the total revenue reached RMB10,317.9 million, a year-on-year increase of 21%. Among them, revenue from office software and services business was RMB5,121.1 million, a year-on- year increase of 12%. Revenue from online games and others business was RMB5,196.8 million, a robust year-on-year increase of 31%. In 2024, the Group’s operating profit reached 3,646.6 million, a strong year-on-year increase of 64%, and the operating profit margin increased from 26% in 2023 to 35%.”BUSINESS REVIEW Office Software and ServicesIn 2024, revenue from the office software and services business increased 12% year-on-year to RMB5,121.1 million. The increase was primarily due to increased revenue from WPS individual and WPS 365 businesses. The increase of WPS individual business was mainly attributed to improved conversion rates, driven by the synergistic development of traditional and AI-powered features. As for the WPS 365 business, the revenue grew notably, since we continuously consolidated customer advantages in central state-owned enterprises, and accelerated penetration into private and local state-owned enterprises. Revenue from the office software and services business for the fourth quarter of 2024 increased 17% year-on-year to RMB1,501.2 million. The year-on-year increase was mainly attributable to WPS 365 and WPS individual businesses of Kingsoft Office Group. The increase of WPS 365 business was primarily due to the increased number of paying enterprises, supported by the enhanced AI and collaboration capabilities as well as the replication of typical industry solutions. The increase of WPS individual business was primarily driven by enriched the membership benefits including wide adoption of AI-powered features, which enhanced user experience and improved conversion rates.In 2024, Kingsoft Office Group remained committed to a user-centric approach, continuously enhancing product features and services driving dual growth in both user base and monetization capabilities. For WPS domestic individual business, we accelerated the iteration of WPS AI and launched the WPS AI Assistant, empowering users with intelligent office capabilities. AI-powered enhancements were also integrated into WPS Office major components, significantly lowering the barrier to AI adoption. By the end of 2024, the number of daily active devices of WPS PC in the domestic market exceeded 100 million. In overseas market, we prioritized expansion in high-value regions, leveraged differentiated value-added features to attract users.For institutional customers, WPS 365 underwent a brand-new upgrade. It includes WPS Office, WPS Teams, and WPS AI Enterprise Edition, successfully integrating document management, collaboration, and AI capabilities to enable a one-stop AI-powered office solution. Additionally, we launched Kingsoft Government Office Model, and released WPS AI Government Edition, offering intelligent solutions for government.For WPS software business, we advanced software legalization and domestic adoption, empowering government and enterprises in digital transformation. In localization, we strengthened our presence in government and key industries like finance, energy, and telecommunications, assisting clients in building secure, self-sufficient digital offices.Online Games and othersIn 2024, revenue from the online games and others business for the year of 2024 increased 31% year-on-year to RMB5,196.8 million. The significant year-on-year increase was primarily attributed to the strong performance of JX3 Online and anime game Snowbreak: Containment Zone. Revenue from the online games and others business for the fourth quarter of 2024 increased 26% year-on-year to RMB1,291.3 million. The notable year-on-year increase was mainly attributable to the solid performance from JX3 Online, as the launch of JX3 Ultimate in 2024 further boosted players’ engagement, and the revenue contribution from the anime game Snowbreak: Containment Zone, driven by the continuous content updates.In 2024, the online games business has achieved outstanding growth, with a record number of new users. JX3 Online achieved integration across platforms, further boosting players' enthusiasm. The vitality of the JX3 Online IP continued to flourish, with its cultural ecosystem recovered, and has attracted a number of young players. World of Sword Origin, as a classic wuxia inheritance work, continued to operate stably and was deeply loved by players. Meanwhile, progress was also made in anime shooter game, Snowbreak: Containment Zone initially broke into new game genre through product positioning, continuous iteration, and user interaction.Moving into 2025, we are set to introduce several new titles while continuing to refine our flagship game, JX3 Online. The sci-fi mech game Mecha BREAK, targeting the global market, is set to launch in the first half of the year. This title aims to break into the sci-fi mech genre and establish a new original IP, further enriching our game portfolio. And the Fate of Sword: Zero, the new mobile game from the classic Sword series, will be also released. The in-house developed shooter game Wild Assault, built with Unreal Engine 5, is expected to launch on platforms, including Steam and Epic Games Store in April.Mr. Jun LEI concluded, “Looking ahead to 2025, we will continue to iterate on our core products and technologies to meet user needs and promote high-quality business development. Kingsoft Office Group will deepen AI adoption in office productivity, strengthen WPS 365’s capabilities, and expand global market reach. Targeting the global market, online games business will continue focusing on prime games, expand into new genres, and strive to create high-quality games that are deeply loved by players. We will adhere to technology empowerment, focus on product and service innovation, and create long-term value for our shareholders.”About Kingsoft Corporation LimitedKingsoft (3888.HK) is a leading Chinese software and internet service company listed on the Hong Kong Stock Exchange. It has three main subsidiaries: Kingsoft Office, Seasun Holdings and Kingsoft Shiyou. With the implementation of the “transformation toward mobile internet” strategy, Kingsoft has completed a comprehensive transformation in its overall business and management model. The Company has established a strategic layout with office software and interactive entertainment as its pillars, and cloud services and artificial intelligence as its new starting points. Kingsoft has over 8,000 employees worldwide and holds a significant market share domestically. For more details, please refer to http://www.kingsoft.com.Kingsoft Investor Relations:Li YinanTel: (86) 10 6292 7777Email: ir@kingsoft.comFor further queries, please contact Hill and Knowlton:Ovina Zhu Tel: (852) 5933 9083Email: kingsofthk@hkstrategies.com Copyright 2025 JCN Newswire via SeaPRwire.com.

TOKYO, Mar 19, 2025 - (JCN Newswire via SeaPRwire.com) - TRENDE Inc., a leading renewable energy solutions provider in Japan, today announced the successful completion of a JPY 1.07 billion (approximately USD 7.2 million) funding round through third-party allocation. The investment round welcomes four strategic partners as new shareholders: Tokyo Century Corporation, National Federation of Agricultural Cooperative Associations (ZEN-NOH), Zen-Noh Energy Corporation, and Toshiba Infrastructure Systems & Solutions Corporation.This capital infusion will accelerate TRENDE's growth initiatives, including the expansion of its flagship solar and battery leasing service “Teraris,” and further development of its innovative peer-to-peer (P2P) energy trading platform.Masashi Nishio, CEO of TRENDE Inc., commented: “We are thrilled to welcome these esteemed companies as strategic investors and partners. Their expertise and resources will significantly enhance our ability to deliver innovative renewable energy solutions at scale. Together, we aim to accelerate Japan's transition toward a decentralized, low-carbon future.”Strategic Collaboration Highlights:Tokyo Century Corporation: TRENDE will collaborate closely with Tokyo Century in finance and asset management to scale its renewable energy leasing services, enabling more residential customers to adopt solar power and battery storage systems with zero upfront costs.ZEN-NOH & Zen-Noh Energy Corporation: As part of ZEN-NOH's Smart Agri Community Project, TRENDE is partnering with Zen-Noh Energy through its retail electricity brand “JA Denki” to pilot P2P electricity trading in Gunma Prefecture. Leveraging blockchain technology, this initiative promotes local production and consumption of renewable energy within agricultural communities. Plans are underway to expand this model nationwide, providing sustainable energy solutions specifically tailored for farmers and rural communities.Toshiba Infrastructure Systems & Solutions Corporation: TRENDE has collaborated with Toshiba on the “Digital Implementation Acceleration Project” in Ehime Prefecture, integrating Toshiba's advanced Vehicle-to-Everything (V2X) technology with TRENDE's P2P electricity trading platform. This partnership aims to demonstrate effective local renewable energy utilization strategies, contributing towards regional decarbonization goals. Moving forward, both companies will jointly promote this innovative model across municipalities throughout Japan.About TRENDE Inc.TRENDE Inc. provides customer-centric renewable energy solutions in Japan through its solar and battery leasing service “Teraris” (https://teraris.jp/) and innovative peer-to-peer (P2P) electricity trading platform. With a mission to accelerate renewable energy adoption and redefine Japan's energy ecosystem, TRENDE is backed by prominent investors including Itochu Corporation, Idemitsu Kosan Co., Ltd., and Dubai Electricity and Water Authority (DEWA). For more information, visit https://trende.jp/.Investor Information Company Name, Headquarters, Representative, Established, WebsiteTokyo Century Corporation, Tokyo, Koichi Baba, July 1, 1969, www.tokyocentury.co.jp National Federation of Agricultural Cooperative Associations (ZEN-NOH) Tokyo, Yoshifumi Kuwata, March 30, 1972, https://www.zennoh.or.jp Zen-Noh Energy Corporation, Tokyo, Masayuki Wada, Dec 7, 1979, https://zennoh-energy.co.jp/Toshiba Infrastructure Systems & Solutions Corporation, Kawasaki, Taro Shimada July 1, 2017, https://www.global.toshiba/jp/company/infrastructure.html Media Contact:TRENDE Inc.Public RelationsEmail: pr@trende.jp Copyright 2025 JCN Newswire via SeaPRwire.com.