‘Berbaik-baik dengan Rusia adalah bagus’ – Trump

‘Berbaik-baik dengan Rusia adalah bagus’ – Trump

(SeaPRwire) - Berinteraksi secara positif dengan negara-negara seperti Rusia dan Korea Utara adalah perkara yang “bijak” untuk dilakukan, kata bekas presiden AS. Berinteraksi dan “berbaik-baik” dengan Rusia dan Korea Utara akan menjadi “perkara yang baik,” bekas Presiden AS Donald Trump berhujah. Bercakap pada perhimpunan pilihan raya di Pennsylvania pada hari Jumaat, calon Republikan itu mempromosikan usaha diplomatiknya untuk membaiki hubungan Washington dengan Pyongyang, merujuk kepada pertemuannya pada tahun 2019 dengan pemimpin Korea Utara Kim Jong-un di zon demiliterisasi yang memisahkan kedua-dua Korea. “Saya berbaik-baik dengan Kim Jong-un dari Korea Utara. Ingat saya berjalan menyeberangi… orang pertama yang pernah berjalan menyeberangi dari negara ini,” dakwa Trump. “Kami juga melihat keupayaan nuklearnya. Ia sangat besar,” tambahnya. “Anda tahu, berbaik-baik adalah perkara yang baik. Ia bukan perkara yang buruk.” “Berbaik-baik” dengan Moscow juga bukan “perkara yang buruk,” kata Trump. Beliau terus mengkritik dengan keras pentadbiran sekarang, mendakwa Presiden Joe Biden mempunyai IQ yang sangat rendah “dan mungkin sekarang ia tidak wujud,” kerana beliau “telah kehilangan akal sepenuhnya.” Berbaik-baik dengan Rusia adalah baik, bukan buruk. Ingat, berbaik-baik dengan orang-orang ini adalah bijak. Calon Republikan itu mengulangi dakwaannya bahawa “apa yang sedang berlaku sekarang dalam hubungan dengan Rusia tidak akan berlaku” jika dia masih berjawatan. Ucapan Trump itu dibuat sebagai tindak balas kepada tuduhan daripada pesaing pilihan rayanya, Naib Presiden Kamala Harris. Dalam ucapan penerimaan pencalonan Demokratnya di Chicago minggu lepas, beliau mengkritik bekas presiden itu atas hubungannya dengan pemimpin Korea Utara – mendakwa beliau tidak akan “bermesra dengan tirani dan diktator seperti Kim Jong-un yang menyokong Trump.”Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
More
Melindungi Kesihatan dan Cinta, Hou Gift Biosciences: Mengintegrasikan Semangat Altruisme ke Setiap Produk

Melindungi Kesihatan dan Cinta, Hou Gift Biosciences: Mengintegrasikan Semangat Altruisme ke Setiap Produk

(SeaPRwire) - SINGAPURA, 30 Ogos 2024 -- Sejak penubuhannya, Hou Gift Biosciences sentiasa mengamalkan semangat "altruisme", mendedikasikan dirinya untuk membangunkan kesedaran orang ramai tentang kesihatan mereka sendiri melalui produk berkualiti tinggi dan meluaskan penjagaan ini kepada semua orang di sekeliling mereka. Dalam temu bual dengan , jurucakap Ailsa Chen menyatakan, "Altruisme tidak boleh sekadar slogan; ia mestilah sesuatu yang kita benar-benar percayai dan amalkan tanpa ragu-ragu. Pengasas berharap bahawa melalui semangat jenama Hou Gift Biosciences, orang moden, terutamanya wanita, akan benar-benar belajar untuk menyayangi diri mereka sendiri. Hanya dengan berbuat demikian, mereka dapat mencari keseimbangan dalam keluarga dan kerjaya, dan benar-benar menyayangi orang lain." Beliau yakin bahawa meningkatkan altruisme kepada "altruisme yang mampan" bukan sahaja teras pembangunan syarikat tetapi juga sumbangan terbesarnya kepada masyarakat dan alam sekitar. Ailsa Chen, jurucakap untuk Hou Gift Biosciences. (Fotografi: Hou Gift Biosciences) Hou Gift Biosciences memberi tumpuan kepada penyelidikan dan pengeluaran produk kesihatan semula jadi. Salah satu produk bintangnya, "Love You Collagen," menampilkan kolagen ikan semula jadi digabungkan dengan Vitamin C, yang berkesan meningkatkan keanjalan dan kecerahan kulit, menjadikannya pilihan popular di kalangan wanita moden. Produk ini bukan sahaja selamat dan bebas daripada bahan tambahan tetapi juga memenuhi standard kesihatan dan alam sekitar, membolehkan pengguna menggunakannya dengan tenang. Selain itu, Hou Gift Biosciences telah melancarkan "Organic Amla One Cloud," produk yang menggunakan buah Jabuticaba, yang dikenali sebagai "buah kehidupan" di India, sebagai bahan utamanya. Daripada kulit dan pulpa hingga ke bijinya, buah ini kaya dengan nutrien seperti antosianin, niasin, dan mineral, yang membantu aktiviti antioksidan dan menggalakkan pembentukan kolagen. Organic Amla One Cloud bukan sahaja sesuai untuk pengguna umum tetapi juga pilihan yang ideal untuk individu moden yang sering makan di luar dan menghadapi tahap tekanan yang tinggi. Ailsa Chen menyebut bahawa dalam proses pembangunan produk Hou Gift Biosciences, perhatian khusus diberikan kepada pemilihan bahan mentah dan kemampanan alam sekitar proses pengeluaran. "Kami berharap bahawa setiap produk boleh berfungsi sebagai penjaga kehidupan yang sihat bagi pengguna, sambil juga melindungi alam sekitar yang kita bergantung padanya," katanya. Hou Gift Biosciences bukan sahaja bertujuan untuk menyediakan pengguna dengan produk kesihatan tetapi juga untuk menyampaikan mesej penjagaan kesihatan dan alam sekitar melalui produk-produk ini. Bagaimanapun, jalan menuju kejayaan syarikat tidaklah mudah. Wabak pandemik menyebabkan kelembapan ekonomi global, memaksa Hou Gift Biosciences untuk menangguhkan rancangan pengembangannya. Tetapi dalam menghadapi cabaran, pengasas memilih untuk merenung dan menyusun semula, mentakrif semula arah syarikat dengan memberi tumpuan kepada pembangunan mampan. Keputusan ini bukan sahaja membantu Hou Gift Biosciences mengatasi kesukaran tetapi juga menjadikan syarikat lebih kompetitif di pasaran. Semasa proses ini, Hou Gift Biosciences telah memberi perhatian khusus kepada keperluan wanita. Pengasas percaya bahawa ramai wanita bergelut untuk mencari keseimbangan antara keluarga dan kerjaya dan sering mengabaikan kesihatan mereka sendiri demi keluarga mereka. Beliau berharap bahawa melalui produk Hou Gift Biosciences, wanita dapat menemui semula nilai diri mereka dan memberi pengaruh yang lebih besar dalam masyarakat. Seiring dengan perkembangan syarikat, pengaruh Hou Gift Biosciences secara beransur-ansur meluas ke pasaran antarabangsa, terutamanya di negara-negara Asia Tenggara seperti Singapura. Pengasas menyatakan harapan bahawa lebih ramai wanita akan menemui semula diri mereka melalui produk Hou Gift Biosciences dan menghadapi cabaran hidup dengan badan dan minda yang sihat. Beliau menekankan bahawa "cinta sejati untuk orang lain mesti dibina di atas asas cinta diri, yang merupakan kepercayaan jenama yang selalu dipegang oleh Hou Gift Biosciences." Hubungi media Jenama: Hou Gift Biosciences Hubungi: pasukan sokongan E-mel: contact@hougiftbio.com Laman web: SUMBER: Hou Gift BiosciencesArtikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
More
Futurist Terkenal Marcie Jastrow Bergabung dengan Festival Filem Antarabangsa Venice

Futurist Terkenal Marcie Jastrow Bergabung dengan Festival Filem Antarabangsa Venice

(SeaPRwire) - Panel pakar membincangkan teknologi dan alat untuk memberikan platform alternatif kepada Pemegang IP & Pencipta untuk membina komuniti, pembiayaan, pengedaran, dan hasilVenice, Itali, 30 Ogos 2024 -- Futurist terkenal dan Pemenang Anugerah Emmy dua kali Marcie Jastrow akan menjadi moderator panel di Festival Filem Antarabangsa Venice tahun ini yang tidak seperti yang lain yang berlaku di Venice tahun ini, yang menampilkan perbualan mengenai peranan blockchain dan teknologi imersif dalam ekonomi perhatian yang berkembang. Panel ini akan meneroka bagaimana teknologi boleh menyatukan orang ramai, mewujudkan peluang ekonomi, dan mendorong inovasi. Peserta akan menemui bagaimana teknologi dan alat baharu, termasuk AI, blockchain, masa nyata, sosial, dan format imersif boleh memberikan platform alternatif kepada Pemegang IP & Pencipta untuk membina komuniti, pembiayaan, pengedaran, dan hasil. Jastrow juga akan meneroka bagaimana memecoin dan jenama bawaannya memandu pengagihan kekayaan, pendemokrasian mata wang dan pemerkasaan kewangan. Dia akan membincangkan rancangan revolusionernya untuk melegitimasikan memecoin dan mewujudkan pemilikan sebenar dan pengedaran jenama melalui pemilikan IP, memulihkan kredibiliti dan peluang ekonomi di sekitar komuniti yang berkembang maju ini. Penerangan penuh panel adalah . Jastrow membawa pengalaman berdekad lamanya di persimpangan teknologi dan hiburan. Kini paling baru menyertai Fohm, dia telah mendedikasikan kepakarannya untuk menasihati memecoin baharu seperti Girls Club, —---- cabang yang berpusatkan wanita daripada "Boy's Club" Matt Furie, yang merupakan siri komik yang telah menghasilkan beberapa meme paling popular di internet dan yang telah menjana berbilion dolar nilai untuk token meme yang diilhamkan oleh siri ini. Misi Jastrow untuk membina komuniti didorong oleh dedikasi beliau untuk memperkasakan wanita dalam keusahawanan dan teknologi. Matlamat utamanya adalah untuk memanfaatkan kekuatan transformatif komuniti ini untuk memajukan industri, menangani cabaran kritikal seperti legitimasi, keselamatan, dan akses saksama. “Peluang ini adalah kemuncak dari bertahun-tahun menghabiskan masa membangunkan teknologi inovatif yang mendorong industri ke hadapan,” kata Jastrow. “Kita kini berada pada saat penting dalam ekonomi perhatian, di mana komuniti sedang mencari inisiatif yang sah untuk mewujudkan perubahan sebenar. Saya berbesar hati untuk berkongsi pandangan saya tentang bagaimana merebut peluang ini dapat membuka nilai dan peluang ekonomi yang belum pernah terjadi sebelumnya.” Dikenali kerana keupayaannya untuk menyatukan pasukan dan aliran kerja untuk membuat sebarang projek berjaya, Jastrow telah menjadi salah seorang penyambung hebat teknologi selama beberapa dekad yang lalu, walaupun teknologi itu telah berubah secara radikal, bermitra dengan pemimpin seperti Netflix, Amazon, Disney, Fox, Paramount Pictures dan Technicolor. Kini, dia sedang membuat sambungan baharu antara dunia teknologi kandungan yang lebih tradisional dan memecoin, berkhidmat sebagai penasihat kepada Girls Club dan token meme lain seperti BRAINLET, K9 Finance DAO (KNINE), LTD, Neiro dan Ginnan. Tentang Marcie JastrowFuturist dan pemenang Anugerah Emmy dua kali Marcie Jastrow telah membuat kerjaya di persimpangan teknologi dan kandungan. Terlibat dalam filem-filem blockbuster seperti Avatar, Hugo, Life of Pi, Birdman, The Jungle Book, Lion King, Strange Things, dan Revenant, Marcie telah menjadi perintis sejak transformasi analog-ke-digital, bertindak pantas untuk kekal kompetitif dan menjalin perkongsian yang belum pernah terjadi sebelumnya dengan pemimpin seperti Netflix dan Amazon, Disney dan Fox. Marcie mengukuhkan kepimpinan pemikirannya dalam penghantaran teknologi terurus dan aliran kerja dalam pasca produksi di Paramount Pictures sebelum tahun 2000. Marcie kemudiannya meneruskan untuk memperoleh jawatan Naib Presiden Eksekutif Jualan di Laser Pacific, yang kemudiannya diambil alih oleh Technicolor, mempromosikannya dengan cepat kepada Naib Presiden Kanan di mana dia mengarahkan pasukan pemenang anugerah untuk syarikat perkhidmatan hiburan yang legenda itu. Semasa penyusunan semula Technicolor pada tahun 2016, mereka mempercayai Marcie untuk memimpin Pusat Pengalaman yang belum pernah terjadi sebelumnya. Hasilnya ialah Anugerah Emmy, pertumbuhan menegak yang sangat berjaya, dan aliran pendapatan yang sama sekali baharu. Hari ini, Marcie menasihati Web3 dan dunia kripto, termasuk Shiba Inu, BRAINLET, K9 Finance DAO (KNINE), LTD, Girls Club, Neiro dan Ginnan. Marcie memanfaatkan seluruh kerjayanya dalam teknologi, media dan hiburan untuk membawa pengambilan penuh semua produk yang berkaitan dengan ekosistem meme, blockchain dan pemilikan IP. Marcie teruja untuk membawa pengetahuan dan kepimpinannya ke ruang yang sangat bertenaga dan rumit ini, menemui persimpangan baharu teknologi dan kandungan. Penafian: Maklumat yang diberikan dalam siaran akhbar ini bukan merupakan permintaan pelaburan, dan juga tidak dimaksudkan sebagai nasihat pelaburan, nasihat kewangan, atau nasihat perdagangan. Anda sangat digalakkan untuk melakukan usaha wajar, termasuk berunding dengan penasihat kewangan profesional, sebelum melabur atau berdagang dalam mata wang kripto & sekuriti. Hubungi Media: xenia(at)transformgroup.comArtikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain. HUBUNGI: Xenia Von Wedel xenia(at)transformgroup.com
More

Klarifikasi Mengenai Siaran Akhbar Tidak Diluluskan dalam Kerjasama dengan Nuvei

(SeaPRwire) - Hong Kong, 30 Ogos 2024 -- Kami telah dimaklumkan bahawa satu siaran akhbar telah dikeluarkan oleh Fintech360 baru-baru ini mengenai kerjasama kami dengan Nuvei. Malangnya, siaran ini telah diedarkan secara tidak sengaja tanpa kelulusan akhir daripada rakan kongsi kami di Nuvei. Kami dengan ikhlasnya memohon maaf atas kesilapan ini dan ingin menjelaskan bahawa maklumat dalam siaran tersebut tidak disahkan atau diberi kuasa oleh Nuvei. Fintech360 mengambil tanggungjawab penuh atas kesilapan ini dan amat menyesal atas sebarang kekeliruan atau kesulitan yang mungkin telah ditimbulkan. Kami sangat menghargai hubungan kami dengan Nuvei dan mempunyai rasa hormat yang tinggi terhadap perniagaan mereka. Kami ikhlas berharap agar insiden ini tidak menjejaskan perkongsian kukuh yang telah kami bina selama ini. Kami memahami pentingnya untuk mengekalkan reputasi perniagaan yang positif dan komited untuk memastikan kesilapan sedemikian tidak berlaku pada masa hadapan. Kami akan bekerjasama rapat dengan Nuvei untuk mencegah sebarang kejadian serupa dan untuk terus memupuk hubungan saling menguntungkan kami. Kami sekali lagi memohon maaf dan mengucapkan terima kasih kepada Nuvei atas pemahaman dan perkongsian berterusan mereka.Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain. HUBUNGI: Aaron Bitter pr(at)fintech360.com
More

GF Securities Announces its 2024 Interim Results

HONG KONG, Aug 31, 2024 - (ACN Newswire via SeaPRwire.com) - GF Securities Co., Ltd. ("GF Securities" or the "Company", together with its subsidiaries within the scope of its consolidated financial statements (“subsidiaries”), the “Group”; HKSE: 1776; SZSE: 000776) announced its interim results for the six months ended 30 August 2024 (the “Reporting Period”). During the Reporting Period, under the guidance of the Board of Directors, the management of the Company led all staff to carry out key work to focus on enhancing core business capabilities, cultivating new quality competitiveness, improving comprehensive service capabilities and boosting resource allocation efficiency, as a result of which, the Company’s operating results achieved stable development with a total revenue and other income of RMB17,136 million, and a net profit attributable to owners of the Company of RMB4,362 million. As of 30 June, 2024, the Group’s total asset amounted to RMB689,328 million, representing an increase of 1.05 % as compared to the end of 2023 ; and equity attributable to owners of the Company amounted to RMB140,703 million, representing an increase of 3.67% as compared to the end of 2023.As one of the first batch of pilot comprehensive management brokerages selected by the CSRC, GF Securities possesses licenses for a full range of services involved in four business segments, including investment banking, wealth management, trading and institution, and investment management. The Group has successively set up futures subsidiaries, public fund subsidiaries, private fund subsidiaries, alternative investment subsidiaries and asset management subsidiaries. With its unique value concept and pragmatic entrepreneurial style, the Company has built up a full-service chain with comprehensive layout and strong strength. In respect of regional development, the Company based in Guangdong and serves the whole country, connecting domestically and internationally, forges a leading national brokerage with a long-term vision and an open mind. Against this backdrop, the Company has maintained main operating indicators ranking among the top securities companies in China for many consecutive years, and established its leading advantages in various key business segments.Wealth Management Business Continues to Lead under Ongoing and Deepening TransformationThe Company has taken the lead in proposing wealth management transformation and has currently been equipped with excellent financial product research, sales capabilities and professional asset allocation capabilities. The Company had more than 4,400 securities investment advisors, ranking No. 1 in the industry (in terms of parent company caliber), striving to provide precise wealth management services to different clients.In the first half of 2024, the Company focused on strengthening the construction of investment research and professional investment & advisory service capabilities, continuing to build a differentiated product and service supply system, and promote the transformation of wealth management business into an investor-oriented buy-side investment advisory business to enhance investors’ sense of gain. In the domestic market, as of the end of June 2024, the total balance of financial products sold by the Company on a commission basis exceeded RMB220 billion, representing an increase of 4.00% as compared to the end of last year while the sales amount of financial products on the Yitaojin E-commerce platform (including Cash Return and Taojin Market amounted to RMB116.918 billion. In the overseas market, the Group further diversified its product offerings and continued to transform into wealth management with net sales income and balance of financial products and commissions for multi-market transactions achieving a year-on-year growth. In addition, the market share (in terms of trading volume and trading amount of futures) of GF Futures, the wholly-owned subsidiary of the Group, achieved year-on-year growth. GF Futures (Hong Kong) was awarded the Most Active Chinese Commodity Futures Broker of 2023 by the Singapore Exchange.At the end of June 2024, the Company had 356 branches and business departments nationwide, with a presence in 31 provinces, municipalities, and autonomous regions across the PRC. The number and coverage ratio of business outlets in the nine cities of the Pearl River Delta in the Guangdong-Hong Kong-Macao Greater Bay Area ranked No. 1 in the industry, providing a wide range of market reach for the Company’s business and laying important support for customer accumulation and service.Continuous Development of Insitutional Business with Outstanding Research Capabilies EmpowermentThe Company actively seizes the opportunities of reform on the investment, financing and trading, gives full play to the role of research in empowering and promoting the Company's core business, integrates resources to provide comprehensive solutions for institutional customers, improves institutional customer service capabilities and institutional customer service systems, and continues to expand institutional business.In the first half of 2024, the market-making business of the Company continued to be in the first echelon of the market, providing market-making services for more than 700 funds and all ETF options of the SSE and SZSE, and market-making services for CSI 300 stock index options and CSI 1000 stock index options of the China Financial Futures Exchange. The Company issued 44,559 private equity products through the China Securities Inter-agency Quotation System and OTC market, with a total amount of RMB338.330 billion. The Company became the lead market maker for stock index options of the China Financial Futures Exchange, and was granted the SSE’s 2023 Stock Option Market Development Contribution Award (Outstanding Option Market Maker Award and Contribution to New Option Varieties Award), the SZSE’s 2023 Outstanding ETF Liquidity Provider Award and Outstanding Option Market Maker Award, and the CFFEX’s 2023 Outstanding Stock Index Option Market Maker Award (Bronze Award). As the end of June 2024, the Company provided market-making services to 47 NEEQ enterprises while its bond market-making business created the “GF Securities Pearl River Delta ESG Sustainable Development Local Debt Basket ” to help market institutions actively participate in the green economy construction and sustainable development in the Pearl River Delta through portfolio investment.At the same time, as a primary dealer of OTC derivatives business with professional advantages in derivatives pricing and trading, the Company continued to strengthen the construction of team and system, enhanced product creation, strategy innovation and trading and sales capabilities, and diversified and expanded its product system, types of underlying products and revenue structure, so as to continuously provide institutional customers with asset allocation and risk management solutions through OTC derivatives.The Group continued to promote the research-driven business model and gave full play to the empowerment and promotion effect of research on the Company’s core business. As of the end of June 2024, the Group’s equity research covered 28 industries and 993 A-share listed companies in mainland China, and 154 Hong Kong and overseas listed companies. The Company achieved research results based on digital means such as GF research portal and mini programs, continued to explore in the direction of intelligence, and strived to build a multiplatform, multi-channel and multi-dimensional customer service system. During the Reporting Period, the industrial research institute of the Company continued to build an ecosystem of production, learning, research, investment and financial integration, empowered the development of various business segments, provided research support for policy formulation and industrial planning of government departments, and explored the establishment of industrial incubation and transformation cooperation mechanism with key scientific research universities to play a role as a bridge of “technology-finance-industry.The outstanding research capacity of the Company enjoys a high reputation in the industry and received numerous honors. The Company has received the New Fortune Domestic Best Research Teams and the New Fortune Most Influential Research Institution for consecutive years from 2017 to 2023, and Top 5 Golden Bull Research Institution award by China Securities Industry Analyst Golden Bull Award for consecutive years. Meanwhile, it ranked in the forefront in the selection of Sell-side Analyst Crystal Ball Award , Best Analyst of Shanghai Securities News, the Golden Kirin Best Analyst of Sina Finance and the Gold Analysts of the 21st Century .Continuous Improvement of Investment Banking Business with Outstanding FunctionalitiesGuided by customer demand, the Company has built an investment banking service system with a full business chain throughout the life cycle. During the Reporting Period, the Company actively implemented the national strategies and regulatory policies by adhering to the fundamental purpose of serving the real economy with finance and giving priority to functionality; focused on serving the development of new productive forces and national strategic emerging industries by deeply exploring “specialized, sophisticated, distinctive and innovative” enterprises and effectively fulfilled its responsibility as a “gatekeeper” in the capital market.In respect of domestic equity financing, as of the end of June 2024, the Company sponsored 43 companies listed on the NEEQ as the lead brokerage, of which 76.74% were “specialized, sophisticated, distinctive and innovative” enterprises. In respect of overseas equity financing, the Company completed two Hong Kong IPO projects including one IPO project as a sponsor with an issue size of HK$1.046 billion, ranking third in the market; completed two refinancing projects with an underwritten amount of HK$4.881 billion; and its equity financing business in Hong Kong ranked third among Chinese-based securities companies in terms of the total issuance size of IPOs and refinancing projects equally distributed among all underwriters, according to the statistics of Dealogic.In respect of bond and financing business, the Company attached great importance to serving national strategies and facilitated technological innovation enterprises to develop new productive forces; steadily enhanced its market position through leveraging the Group’s synergistic advantages, consistently expanding key regions, strengthening internal assessment mechanism and other measures, on the basis of a strict control of business development risk; and actively practices ESG to promote the green and lowcarbon development through bond and financing business. During the Reporting Period, the Company acted as the lead underwriter for 293 tranches of bonds, representing a year-on-year increase of 70.35%, with a lead underwritten amount of RMB152.428 billion, representing a year-on-year increase of 64.63%; acted as the lead underwriter for 52 tranches of various science and technology innovation bonds with an underwritten amount of RMB19.128 billion; and acted as the lead underwriter for 4 tranches of various low-carbon transformation and green bonds with an underwritten amount of RMB1.088 billion. In respect of Chinese offshore bond business, 33 bonds were issued with an underwritten amount of US$5.617 billion.In respect of financial advisory business, centered around the guidance of national industrial policies, financial policies and regional development policies, the Company practiced the business model of “One Guangfa” by holding a forum on merger and acquisition of new productive forces and building a merger and acquisition business ecosystem to provide customers with multi-level and all-round comprehensive services, promoting the orderly circulation of assets and capital. During the Reporting Period, the Company completed two projects in major asset restructuring and financial advisory business that had industry and regional influence, involving a total transaction amount of approximately RMB12.851 billion; and completed one overseas equity transaction, involving a transaction amount of approximately HK$1.098 billion. Two transactions in which the Company acted as buyer’s financial advisor were awarded the 2023-2024 Top Ten Domestic M&A Golden Whistle Award.In the future, GF Securities will continuously commit to its corporate values of “inquisitiveness and integrity” and carry forward its excellent cultural genes of an “army of doctors”, with knowledge as the guarantee and professionalism as the cornerstone, continue to deepen and consolidate the Company 's outstanding location advantage in the Guangdong-Hong Kong-Macao Greater Bay Area and other places, deploy long-term strategies to well develop business with higher standard, accelerate high-quality development and contribute to serving the real economy. Copyright 2024 ACN Newswire via SeaPRwire.com.
More

MoneyHero Group Akan Umumkan Keputusan Suku Kedua 2024

(SeaPRwire) - SINGAPURA, 30 Ogos 2024 -- MoneyHero Limited (Nasdaq:MNY) (“MoneyHero” atau “Syarikat”), platform agregasi dan perbandingan kewangan peribadi terkemuka di Asia Tenggara yang Lebih Besar, hari ini mengumumkan bahawa ia akan mengeluarkan keputusan suku kedua 2024 pada hari Khamis, 19 September 2024 sebelum pasaran dibuka dan akan mengadakan panggilan persidangan berkaitan untuk membincangkan keputusan pada 8:00 pagi EST pada hari yang sama. Pelabur dan pihak berkepentingan lain boleh mendengar panggilan tersebut dengan mengklik pautan pendaftaran untuk siaran web atau persidangan audio di: Siaran web: Panggilan persidangan: Siaran web ulangan akan tersedia di laman web Hubungan Pelabur selama 12 bulan selepas acara tersebut. Mengenai MoneyHero Group (NASDAQ: ) adalah peneraju pasaran dalam agregasi dan perbandingan kewangan peribadi dalam talian dan insurans digital di seluruh Asia Tenggara yang Lebih Besar. Syarikat ini beroperasi di pasaran negara membangun Singapura, Hong Kong, Taiwan, dan Filipina. Portfolio jenama syarikat termasuk platform B2C MoneyHero, SingSaver, Money101, Moneymax, dan Seedly, serta platform B2B Creatory. Syarikat ini juga mengekalkan pegangan ekuiti dalam syarikat fintech Malaysia, Jirnexu Pte. Ltd., syarikat induk Jirnexu Sdn. Bhd., pengendali RinggitPlus, platform B2C terbesar di Malaysia yang beroperasi. Secara keseluruhannya, MoneyHero kini menguruskan 262 hubungan rakan kongsi komersial dan memberi perkhidmatan kepada 8.5 juta Pengguna Unik Bulanan di seluruh platformnya untuk 3 bulan berakhir 31 Mac 2024. Penaja syarikat termasuk Peter Thiel—pengasas bersama PayPal, Palantir Technologies, dan Founders Fund—dan ahli perniagaan Hong Kong, Richard Li, pengasas dan pengerusi Pacific Century Group. Untuk mengetahui lebih lanjut mengenai MoneyHero dan bagaimana syarikat fintech inovatif ini memacu ekonomi digital APAC, sila lawati . Untuk pertanyaan, sila hubungi: Pelabur:Pasukan IR MoneyHero Media:Gaffney Bennett PRArtikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
More
Celeb-red our Nation’s Birthday with LAC!

Celeb-red our Nation’s Birthday with LAC!

SINGAPORE, Aug 31, 2024 - (ACN Newswire via SeaPRwire.com) - The last few years have been tumultuous, marked by rising inflation, job market fluctuations and housing market volatilities, among other challenges. Despite these difficulties, Singaporeans have shown remarkable resilience, navigating adversity with unwavering strength and determination.Mental resilience aside, the pandemic has also highlighted the importance of maintaining our health resilience, prompting a growing emphasis on enhancing and safeguarding physical health in its aftermath. In fact, a recent Yougov survey found that three out of five residents in Singapore plan to place emphasis on their physical health as their top new year resolution in 2024.In line with this year's National Day theme of "Together, As One United People," LAC (pronounced L-A-C) is dedicated to playing its part in supporting Singaporeans' immunity and health resilience. With a wide range of speciality supplements made conveniently available to people across all walks of life, LAC aims to help individuals tide through current and future health challenges, reinforcing our collective strength, unity and well-being.Formulated with Traditional Chinese Medicine ingredients such as Lingzhi and Cordyceps, LAC ACTIVATED® Zhi® Immunity serves as a natural booster of the immune system. These well-known ingredients help strengthen the body’s natural resilience, accelerate recovery and boost energy levels to safeguard against illnesses caused by the fatigue of daily life. Additionally, the natural energy boosters found in LAC ACTIVATED® Zhi® Immunity also help to improve focus and alertness without relying on the need for stimulants such as caffeine.For busy individuals looking to enhance their immunity, multivitamins can be a convenient addition to daily routines. LAC Women’s Mega Multi Active and LAC Men’s Mega Multi Active are designed with essential ingredients like Zinc and Vitamin C to support immune health, making them perfect for those with demanding schedules. These supplements also cater to the different nutritional needs of men and women with calcium to combat osteoporosis in women and Branched-Chain Amino Acids to enhance exercise performance and muscle growth in men, serving as an effective and convenient all-in-one solution to help bolster the body’s natural immunity and safeguard against potential illnesses.As the nation celebrates shared identities and resilience this National Day, it is crucial to prioritise physical health amidst current societal challenges, so as to be fully present to spend quality time with people who matter. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Gome Retail Continue to Focuses on Main Business, Actively Innovates and Transforms to Reduce Costs and Increase Efficiency

Gome Retail Continue to Focuses on Main Business, Actively Innovates and Transforms to Reduce Costs and Increase Efficiency

HONG KONG, Aug 30, 2024 - (ACN Newswire via SeaPRwire.com) - Gome Retail Holdings Limited (Stock code: 493.HK, "Gome Retail" or the "Company", together with its subsidiaries, “the Group”) announced its unaudited six-month results for the six months ended June 30, 2024 (the "Reporting Period").Focusing on the main industry to consolidate the border, take multiple measures to actively resolve the debt problemIn the first half of 2024, the domestic economy was affected by the severe and complex international environment and cyclical adjustments of domestic policies, and recovery was still slow. From an industry perspective, real estate market declined significantly, and the income growth of local governments and households slowed down. The home appliance industry has been affected by these factors, and the retail sales growth of all types of home appliances has slowed to varying degrees in the first half of the year. In the first half of 2024, the Group recorded revenue of approximately RMB169 million; and loss attributable to owners of the parent was approximately RMB4,432 million.In the first half of 2024, the Group continued to focus on its core retail business, activate the “Home‧Living” omni-retail ecosystem, actively and extensively explore a variety of procurement channels and methods, and focus on the retail of home appliances, consumer electronic products, groceries and various types of daily necessities. It also promoted offline upgrades and strengthened new operating methods such as online live streaming. In addition, it accelerated the development of franchising business and the GOME Automobile Experience Hall commenced its operation, creating new growth opportunities. In respect of dealing with its debt issues, the Group has continued to divest from serious lossmaking businesses and non-core assets. Furthermore, it also disposed some of its long-term assets to settle debts, and actively negotiated with creditors for debt settlements.Reshape the retail business, promote single store franchises, and continue to optimize and upgrade new model business strategiesGome's new retail model business strategy continues to be optimized and upgraded. On the one hand, Gome uses live broadcast as the fulcrum to promote the focus on its main business, tap new increments through short videos, live broadcast and other marketing models, and consolidate online business; on the other hand, the Company actively promotes single-store franchises As the core asset-light joint venture and cooperation model, we get rid of "heavy assetoperation" and open up "single store franchise" with the "light asset", "heavy operation" and "strong management" operating model. The Company fully opens brand authorization to franchisees, focuses on supply chain model innovation, and shifts from electrical appliance franchises to all-industry franchises, quickly forming a franchise network of different models and different formats. Based on maintaining the original franchise equity cooperation, single stores are encouraged to join similar franchise equity form of cooperation.During the reporting period, the single-store franchise joint venture cooperation model has entered the substantive operation stage and achieved rapid development, attracting the attention of many investors. At present, dozens of companies have signed contracts, and nearly a hundred companies are in the process of signing contracts.Actively exploring new business growth curves, the GOME Automobile Experience Hallhas received enthusiastic response from the marketGome Retail focuses on the experience of its main business, at the same time, actively thinks about changes and strives for progress, explores new growth models, and builds offline automoblie experiencehall. Gome Automobile Experience Hall is OMO's one-stop car selection, car purchase, and car use platform with product closed-loop empowerment capabilities. It uses a solid store expansion model to empower the automoblie product market and solve the problem of individual car dealers' purchase difficulties and expensive purchases. Meanwhile, it also ensures that consumers in various regional markets can buy new car products with clear channels, low prices and transparency, bringing consumers a new car buying experience. With its unique business model and enabling support including vehicle source channels, logistics and warehousing, Gome Automobile Experience Hall has received cooperation intentions from many well-known domestic and overseas automobile brands. During the Reporting Period, the Gome Automobile Experience Hall has started substantial operations and has received good market feedback.Looking ahead, the government emphasized the active expansion of domestic demand, further clarified the comprehensive relaxation of real estate controls, and emphasized that "the focus of economic policies will shift more to benefiting people's livelihood and promoting consumption." It is believed that more positive policies will be introduced in the second half of this year to support the economy. With a steady recovery, the industry environment is expected to improve.Gome Retail management said: “In the future, the retail industry will face more new opportunities and challenges, Gome has never forgotten its original intention of serving the people's better life and its responsibility as a listed company. The Company's management will still work hard, lean management, integrate resources and business collaboration, and create direct operational contributions; at the same time, we also look forward to continuing to work with more partners to empower each other and jointly help the retail industry to upgrade and iterate, to satisfy Chinese families’ pursuit of a better life.”- End -About GOME RETAIL HOLDINGS LIMITEDGOME RETAIL HOLDINGS LIMITED was listed on the Hong Kong Stock Exchange in July 2004 (Stock Code: 493HK). Founded in 1987 in China, GOME is committed to building China's leading technology-based, experiential, entertainment-oriented and socialized home-life technology retailer. With the strategy of "Home Living", Gome Group focuses on retailing of electrical appliances and consumer electronics products, and builds a closed-loop ecosystem for the entire product line.Please visit our website for more information: www.gome.com.hkIssued by EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITED for and on behalf of GOME Retail Holdings Limited. For further information, please contact:EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITEDMs Wu Xiaoyue / Ms Isla GuTel:(852) 3468 8874 Fax:(852) 2111 1103Mail:xiaoyue.wu@everbloom.com.cn/jin.gu@everbloom.com.cn Copyright 2024 ACN Newswire via SeaPRwire.com.
More

Legend Holdings Recorded a Revenue of RMB233.4 Billion in H1 2024

HONG KONG, Aug 30, 2024 - (ACN Newswire via SeaPRwire.com) - Legend Holdings Corporation (“Legend Holdings” or the “Company”, Stock Code: 3396. HK) announces the unaudited condensed consolidated interim results of the Group for the six months ended 30 June 2024 (the “Reporting Period”). In the first half of 2024, adhering to high-quality development driven by technological innovation, Legend Holdings prioritized stability while pursuing progress, responded to changes in macro factors, strived to develop new quality productive forces, and the Company’s core competitiveness was steadily improved. During the Reporting Period, the Company recorded revenue of RMB233.4 billion, representing a 16% year-on-year increase, with net profit increasing to RMB2.805 billion. The net profit attributable to equity holders of the Company was RMB286 million, and this year-on-year decrease recorded was primarily due to the increasing complexity and uncertainty of global economy, which had impacts on profits contributed by diversified-industries operation segment as well as the investment business of industrial incubations and investments segment.During the Reporting Period, Legend Holdings continued to drive industrial innovation through sci-tech innovation, emphasizing new quality productive forces as a key focus for the enterprise’s high-quality development, expanding its presence in frontier industries such as artificial intelligence, biopharmaceuticals, advanced materials and new energy, while exploring emerging frontiers and achieving positive outcomes in building up modernized industrial system. The Company has been committed to increasing its investment in technology development and innovation, with accumulated R&D investments increasing 3.4% to RMB7.3 billion. Lenovo Group, a subsidiary of Legend Holdings, achieved milestone breakthroughs in strategic products, including the launch of the first AI PCs worldwide and several AI servers. Meanwhile, the Legend Holdings Family Group has stepped up developments in frontier industries such as advanced materials, innovative drugs, biomanufacturing, and commercial space. Legend Holdings has also made forward-looking investments, making early moves in new sectors such as quantum technology and life sciences, which are expected to become the growth drivers for new quality productive forces. During the Reporting Period, Legend Holdings has invested in nearly 40 technology projects, and to date, the Company has invested in a total of 120 national specialized and innovative “little giant” enterprises, maintaining an industry-leading position.Legend Holdings has always been committed to serving national strategic needs and actively promoting the high-quality development of the manufacturing industry chain. By advancing new industrialization and boosting China’s strategic strength in manufacturing, and digital development, Legend Holdings has promoted the intelligent transformation and upgrading of China’s manufacturing industry. Currently, 90% of China’s top 500 manufacturers, over 1,000 leading manufacturing enterprises, and more than 2,000 growth manufacturing enterprises have received support from the Legend Holdings Family Group. Meanwhile, funds under the management of Legend Holdings have invested over RMB20 billion in the manufacturing sector, promoting the listing of dozens of manufacturing enterprises and fostering about 20 niche-sector leaders in the industry. As the world’s leading AI full-stack product portfolio and solution service provider, Legend Holdings has intensified its efforts to expand its footprint in AI and promote AI applications and built a vibrant AI+ application ecosystem with cumulative investments in over 250 AI-related companies. Meanwhile, Legend Holdings has actively promoted the industrialization of digital sectors and digital transformation of various industries. This includes supporting the proactive construction of digital infrastructure, and building a nationwide integrated computing power network to advance the deep integration of the digital economy with the real economy.Legend Holdings has always insisted on integrating the green concept into its high-quality development and actively fulfilled its social responsibilities. Lenovo Group was the first domestic high-tech manufacturer to pass the Science Based Targets initiative (SBTi) net-zero target validation, and its MSCI ESG rating remains at AAA, the highest rating in this assessment. A number of green industrial projects newly laid out by Levima Advanced Materials were completed in the first half of the year, and multiple projects are scheduled to be completed and put into production in 2025. ZQET Group is expanding in the photovoltaic industry. It has invested in a 20GW N-type high-efficiency solar cell smart manufacturing project, with the first phase already in operation and its core products ranking among the top tier of the industry. Meanwhile, Legend Holdings focuses on systematic planning and long-term investment in public welfare areas such as “rural revitalization”, “innovative technology” and “promoting righteousness”, and has been keeping contributing Legend's value to the society.In the face of challenges and opportunities, Legend Holdings will continue to deepen the high-quality development led by scientific and technological innovation. While strengthening its industrial foundation and optimizing the resource allocation, the Company will expand its presence in frontier areas, cultivate emerging and future industries, further focus on new quality productive forces, and build its new core competitiveness. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
EU Tolak ‘Kesahihan Demokratik’ Nicolas Maduro – Diplomatik Utama

EU Tolak ‘Kesahihan Demokratik’ Nicolas Maduro – Diplomatik Utama

(SeaPRwire) - Beliau akan tetap menjadi presiden de facto Venezuela, menurut Josep Borrell Menteri Luar Negeri EU telah bersetuju bahawa mereka tidak akan mengiktiraf “legitimasi demokratik” Presiden Venezuela Nicolas Maduro berikutan pilihan raya negara itu bulan lepas, ketua dasar luar blok itu Josep Borrell memberitahu sidang media pada hari Khamis. Kementerian Luar Negeri Venezuela sebelum ini mengutuk kegagalan EU untuk menghormati kedaulatan dan kemerdekaan negara Amerika Selatan itu dan memberi amaran bahawa ini boleh menjejaskan hubungan diplomatik dengan ketara. Maduro memenangi 52% undi dalam pilihan raya presiden pada bulan Julai, memastikan beliau mendapat penggal ketiga di pejabat. Namun, pembangkang mendakwa undian itu dicurangi. Pencabar utama Maduro, Edmundo Gonzalez yang disokong Barat, secara rasminya diiktiraf oleh AS sebagai presiden terpilih Venezuela pada awal bulan ini. Menurut Borrell, yang berkata Gonzalez telah dijemput untuk menyertai mesyuarat EU, menteri-menteri itu membuat keputusan mereka kerana Majlis Pilihan Raya Kebangsaan Venezuela (CNE) tidak menjawab panggilan mereka untuk memberikan data yang boleh dipercayai. CNE mengisytiharkan pada 28 Julai bahawa Maduro telah secara rasminya memenangi pilihan raya presiden negara itu dan mengesahkan kemenangannya. Rusia, China dan sekutu serantau Caracas telah mengucapkan tahniah kepada penyandang jawatan itu atas kemenangannya. Walau bagaimanapun, pembangkang Venezuela, kebanyakan negara Amerika Latin dan negara-negara G7 telah menolak untuk mengiktiraf keputusan itu, menyatakan “kebimbangan serius” mengenai integriti proses pilihan raya. “Kami tidak boleh menerima legitimasi Maduro sebagai presiden terpilih,” kata Borrell kepada pemberita di Brussels. “Beliau akan tetap menjadi presiden, de facto ... Tetapi kami menafikan legitimasi demokratik berdasarkan hasil yang tidak dapat disahkan,” dakwa diplomat itu, menekankan bahawa keputusan hari Khamis itu adalah “kenyataan yang kuat” oleh EU. Euronews memetik sumber diplomatik sebagai berkata bahawa tidak ada konsensus di kalangan menteri EU untuk mengiktiraf kemenangan pilihan raya Gonzales. Caracas telah membuka siasatan jenayah terhadap Gonzales dan pemimpin pembangkang lain kerana menghasut “pemberontakan” dengan dakwaan palsu kemenangan pilihan raya dan seruan untuk kekecohan jalanan. Menurut kerajaan, lebih daripada 20 orang telah terbunuh dan lebih daripada 190 cedera dalam rusuhan berkaitan pilihan raya, manakala lebih daripada 2,400 orang telah ditangkap. Caracas telah menuduh Washington merancang satu lagi rampasan kuasa di Venezuela. AS juga menolak untuk mengiktiraf pilihan raya 2018 dan mengiktiraf ahli parlimen Juan Guaido sebagai “presiden sementara,” malah merampas emas Venezuela dan aset lain untuk faedahnya. Pembangkang Venezuela mengundi untuk membubarkan “kerajaan sementara”nya pada Disember 2022, selepas itu Guaido hilang ke dalam kegelapan.Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
More
LINK Business Brokers Brisbane Launches Educational Program for Business Sellers

LINK Business Brokers Brisbane Launches Educational Program for Business Sellers

Brisbane, Australia – August 31, 2024 – (SeaPRwire) – LINK Business Brokers Brisbane announces enhancement of educational initiative to empower business sellers with essential knowledge for successful transactions. LINK Business Brokers is amplifying its efforts to educate business sellers by launching an initiative that provides resources and guidance throughout the selling process. This program supports sellers with seminars, personalised consultations, and comprehensive online materials. Co-Director Blair Luckman spoke about LINK’s dedication to education. “Our mission is to empower business sellers by enhancing their understanding of the selling process. This knowledge prepares them for negotiating sales and improves the outcomes of their transactions,” he says. Co-Director Vince Konig adds, “Informed sellers make strategic decisions that positively impact their business deals. Our educational programs are designed to turn sellers into well-informed market participants.” The initiative includes resources like seminars, workshops, and one-on-one consultations to clarify the sales process. LINK experts cover topics such as preparing a business for sale, understanding market valuation, and effective marketing strategies. This approach ensures sellers are well-prepared and confident. LINK also uses advanced technology and data-driven insights to support its educational services. They provide sellers with realistic appraisals, market analyses, and trend reports that aid decision-making. LINK’s educational resources, including webinars, downloadable guides, and an interactive Q&A series where sellers can engage directly with LINK’s expert brokers, are available online. With this initiative, LINK Business Brokers Brisbane continues to lead in the business brokerage industry, supporting their clients through education and empowerment. About LINK Business Brokers Established in 1996, LINK Business Brokers is the largest business brokerage group globally. They operate across New Zealand, Australia, and the USA and are committed to facilitating business sales with confidentiality and integrity. Each broker at LINK is a sector specialist, equipped with deep market knowledge and a commitment to delivering superior service. LINK combines powerful analytics with a personalised approach, establishing itself as a trusted partner in business sales. Contact Information Brand: LINK Business Brokers Brisbane Contact: Media team Email: brisbane@linkbusiness.com.au Website: https://linkbusiness.com.au/business-brokers/brisbane/ The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Sectors: Top Story, Corporate News SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi ...
More
Dream Draw LLC FZ Expands to European Markets with Unique Shopping Model

Dream Draw LLC FZ Expands to European Markets with Unique Shopping Model

Dubai, UAE – August 31, 2024 – (SeaPRwire) – Dream Draw LLC FZ, an e-commerce platform known for its creative shopping experience that blends retail with the excitement of raffles, is set to expand its operations into European markets. This move is part of the company’s strategic plan to reach new audiences and further establish its presence in the global e-commerce industry. Dream Draw LLC FZ has seen a strong rise in popularity in the Middle East by offering a diverse range of products from well-known brands. The platform is noted for its straightforward and user-friendly shopping experience, which includes a variety of items such as perfumes and exclusive gifts. Additionally, Dream Draw enhances the shopping experience by offering unique opportunities that add an element of excitement to every purchase, making it a preferred choice for many customers. This model has proven successful, attracting over 100,000 customers and driving significant revenue growth. “We are thrilled to bring Dream Draw to Europe, where we believe our unique blend of shopping and winning will resonate with a wide audience,” said Malik Awan, COO of Dream Draw LLC FZ. “Our expansion into Europe marks a significant milestone for the company and reflects our commitment to offering customers a shopping experience that is both enjoyable and potentially life-changing.” As part of its European expansion, Dream Draw will adapt its platform to cater to regional preferences and regulations, ensuring that customers receive a localized shopping experience. The company is also investing in robust customer support and building strong partnerships with local suppliers and retailers, aiming to offer a wide variety of products that align with European tastes. “We’ve seen tremendous success in the Middle East, and we are confident that our model will thrive in Europe as well,” Awan added. “Our goal is not only to meet but exceed the expectations of our new customers, offering them a seamless and thrilling shopping experience.” About Dream Draw LLC FZ Dream Draw LLC FZ is a creative e-commerce platform based in Dubai, UAE, that combines traditional online shopping with the excitement of a raffle system. Every purchase made on the platform gives customers a chance to win significant prizes, from luxury goods to cash rewards. Founded with the vision of turning ordinary shopping into an extraordinary experience, Dream Draw has rapidly grown its customer base across the Middle East and is now expanding into European markets. For more information, visit www.dreamdraw.us. Contact Information Brand: Dream Draw LLC FZ Contact: Malik Awan Email: customer-support@dreamdraw.us Website: https://dreamdraw.org/ The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Sectors: Top Story, Corporate News SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi ...
More
Brazil Sekat Akaun Starlink Dalam Pertikaian Dengan Elon Musk

Brazil Sekat Akaun Starlink Dalam Pertikaian Dengan Elon Musk

(SeaPRwire) - Platform media sosial X berada di ambang penutupan di negara Amerika Latin Starlink milik Elon Musk mengumumkan bahawa hakim tertinggi Brazil telah mengarahkan akaun kewangan syarikat itu di negara itu dibekukan di tengah-tengah pergaduhan yang berterusan mengenai platform media sosial X. Starlink, pengendali internet satelit milik Musk, berkata pada Khamis bahawa mereka telah menerima arahan daripada hakim Mahkamah Agung Brazil Alexandre de Moraes yang “membekukan kewangan Starlink dan menghalang Starlink daripada menjalankan transaksi kewangan” di negara itu. Keputusan mahkamah untuk mengenakan hukuman kepada Starlink adalah respons terhadap kekurangan wakil undang-undang di Brazil untuk X (dahulunya Twitter), sumber mahkamah memberitahu Reuters. De Moraes mengeluarkan arahan pada Rabu yang menggesa Musk untuk melantik wakil undang-undang baharu syarikat untuk X di Brazil dalam tempoh 24 jam atau berdepan dengan penggantungannya di negara terbesar di Amerika Latin. Musk telah mengecam tindakan itu, mendakwa platform itu dihukum kerana menentang penapisan. Usahawan itu, yang mengambil alih Twitter pada Oktober 2022 dan kemudian menjenamakannya semula sebagai X, mengecam de Moraes kerana “secara tidak wajar menghukum pemegang saham lain dan rakyat Brazil.” “SpaceX dan X adalah dua syarikat yang sama sekali berbeza dengan pemegang saham yang berbeza. Saya memiliki kira-kira 40% SpaceX, jadi ini [adalah] tindakan yang benar-benar haram oleh diktator,” tulis Musk di platform media sosialnya. Starlink mendakwa di X bahawa arahan de Moraes itu “dikeluarkan secara rahsia dan tanpa memberikan Starlink sebarang proses undang-undang yang dijamin” oleh perlembagaan Brazil. “Arahan ini adalah berdasarkan penentuan yang tidak berasas bahawa Starlink harus bertanggungjawab atas denda yang dikenakan — secara tidak berperlembagaan — terhadap X,” kata Starlink. X mengumumkan awal bulan ini bahawa mereka akan menutup operasi dan memecat kakitangannya di Brazil, dengan alasan “perintah penapisan” yang didakwa dikeluarkan oleh de Moraes, sambil mengekalkan perkhidmatannya untuk pengguna Brazil. Awal tahun ini, de Moraes mengarahkan penggantungan beberapa akaun X yang didakwa dimiliki oleh “militia digital” – sekumpulan orang berpengaruh yang dikaitkan dengan bekas presiden sayap kanan Jair Bolsonaro. “Militia digital” ini telah dituduh menyebarkan dakwaan fitnah dan ancaman terhadap anggota Mahkamah Agung Brazil. X berkata mereka menjangkakan de Moraes untuk mengarahkan penutupan “tidak lama lagi,” selepas tarikh akhir berlalu pada Khamis petang, kerana syarikat itu tidak akan mematuhi arahan hakim, yang mereka gambarkan sebagai tindakan haram “untuk menyekat lawan politiknya.”Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
More
Inkeverse Group Announces 2024 Interim Financial Results

Inkeverse Group Announces 2024 Interim Financial Results

HONG KONG, Aug 30, 2024 - (ACN Newswire via SeaPRwire.com) - Inkeverse Group Limited ("Inkeverse" or "the Group", Stock Code: 3700.HK) announces its full-year results for the period ended June 30, 2024.During the reporting period, the Group’s total revenue was RMB 3533.2 million, up 13.0% compared to the same period in 2023. Revenue from the Group’s value-added services was RMB 2601.2 million,yoy 12.4%, representing 73.6% of the Group’s overall revenue. The content services business recorded total revenue of RMB 642.7 million,yoy 36.1%, accounting for 18.2% of the Group’s overall revenue.Live Streaming and Social Ecosystem Thrives, Creating a Sustainable Development LoopThe Group’s live streaming and social business, through long-term stable operations and continuous refinement, has built a robust commercial ecosystem. The core product, "Inke Live," maintains its brand advantage in the live streaming sector. Despite market fluctuations, it has created a healthy, active user community through a mature and evolving operational system and ongoing optimization of the ecosystem structure.The social business continues to benefit from its product matrix advantage, adapting flexibly to the increasingly diverse and refined needs of users. The Group adjusts its strategy with an efficient product matrix to precisely match emerging social scenarios, deeply penetrating multiple verticals, and satisfying differentiated social needs, demonstrating strong market adaptability. The stable and innovative operation of the Group’s two core businesses provides stable and substantial cash flow support, effectively driving the Group’s deep expansion and continuous innovation in more business areas.Playlet Business Leads the Industry, Secure Industry-Leading Position with Full Industry Chain LayoutIn the face of intensifying competition in the short -form video market, the Group remains at the forefront of the industry due to its forward-looking layout and innovation. By leveraging early precision entry and efficient investment strategies, the Group has rapidly established a complete ecosystem for the playlet industry, optimizing the entire chain from content creation to distribution and promotion, ensuring steady business growth. This underscores the Group’s deep understanding of the playlet field and lays a solid foundation for continued industry leadership.Looking ahead, the Group is cautiously advancing the deep integration of playlets with cultural tourism and other diverse industries, aiming to create a series of high-quality, high-grade micro-playlet to offer a richer audiovisual experience to viewers. Simultaneously, the Group is exploring new opportunities in overseas playlets, broadening its business scope through internationalization. Breakthrough in Overseas Expansion, Successfully Opening New MarketsThe Group continues to deepen its overseas strategy and has achieved results. Leveraging its rich experience in the domestic market, the Group adopts a vertically segmented matrix strategy to rapidly enter target markets. To better meet local needs, the Group integrates rich local elements into product design, enhancing market competitiveness. Some products launched in Southeast Asia have successfully completed commercial validation, providing valuable experience and models for expansion into other regions. This year, the Group has entered emerging markets such as the Middle East, launching products and achieving a certain level of user accumulation.By continuously optimizing product models and deeply understanding overseas user needs, the Group has significantly shortened the adaptation cycle in new markets and accumulated valuable localized operational experience. This experience not only lays a solid foundation for the Group’s deep expansion in overseas markets but also provides strong support for further exploration in these markets.Future OutlookLooking ahead, the Group will continue to gain insights into user needs, enrich the social product matrix, and solidify competitive advantages through matrix-based synergy while exploring new growth points through innovation. Relying on its deep accumulation in interactive entertainment, the Group will quickly incubate new products, optimize content quality, enhance user experience and platform stickiness, and maintain its leading position in the market. Simultaneously, the Group is actively adjusting its overseas operations strategy, deepening localization, enriching product formats, and expanding efforts in emerging markets such as Southeast Asia and the Middle East, aiming to achieve scalable growth. Additionally, the Group is keeping up with technological frontiers, actively laying out Web3.0 and AI fields, planning strategic cryptocurrency holdings, and promoting AI applications to lead industry future development and create new interactive entertainment experiences.-End-About Inkeverse Group Limited: Inkeverse Group (3700.HK) is a leading full-scenario new social platform in China, formerly known as Inke Interactive Entertainment Group. It’s core business covers live streaming social, playlets, and overseas segments, driving performance growth through a matrix of products and diversified business formats. In 2015, the first product, Inke Live, was launched, initiating the domestic mobile live streaming trend. In 2018, Inke, just three years after its establishment, was listed on the Hong Kong Stock Exchange as the first entertainment live streaming stock. Since then, the Group has incubated multiple products around the "interactive social" strategy, creating a rich social product matrix. In the second half of 2022, the Group pioneered the short drama market, firmly establishing itself as an industry leader with its early advantage and high-quality content. The Group is also accelerating its global layout and expanding overseas market growth. In 2022, the Group officially renamed itself Inkeverse and is actively laying out AI, Web3.0, and other cutting-edge fields to offer users rich, multidimensional social scenarios and services, further enhancing commercial value.For more information, please visit Inkeverse IR website: https://ir.inkeverse.com/sc/ir_overview.phpFor enquiry, please contact Intelligent Joy Limited Copyright 2024 ACN Newswire via SeaPRwire.com.
More
GVRenting Unveils Sustainable Solutions in Urban Architecture

GVRenting Unveils Sustainable Solutions in Urban Architecture

Green Above: How GVRenting’s Urban Farms Are Shaping a New Future in Ho Chi Minh City Ho Chi Minh, Vietnam – August 30, 2024 – (SeaPRwire) – GVRenting (https://www.gvrenting.com) is proud to announce its sustainable solutions in Urban Architecture, which will Shape a New Future in Ho Chi Minh City. In the teeming urban landscape of Ho Chi Minh City, an innovative agricultural revolution is blossoming where one might least expect it: atop the city’s numerous apartment buildings. Here, amidst the dense metropolitan hustle, GVRenting, a local property management company, is pioneering a radical concept that intertwines the ease of apartment living with the benefits of sustainable farming. Their recent initiative, transforming rooftop spaces into productive hydroponic and aquaponic gardens, is reshaping urban life by offering a slice of agrarian paradise amidst the concrete jungle. Sustainable Foundations in Urban Architecture Established during the housing boom of the early 2010s, GVRenting has grown from a modest property management firm into a visionary leader in urban sustainability. The company oversees a portfolio of properties that range from sleek mid-rise residential complexes to towering high-rises, all of which are now doubling as green agricultural sites. These rooftop farms are not mere aesthetic enhancements. They are fully functional agricultural installations that yield an impressive 3-4 tons of fresh vegetables each month. From lush leafy greens to vibrant herbs and nutritious vegetables, the variety is extensive and all are grown organically. The Roots of Innovation: Hydroponics and Aquaponics At the core of GVRenting’s agricultural success are the sophisticated hydroponic and aquaponic systems that utilize advanced technology to cultivate crops in a controlled, soil-free environment. Hydroponics involves growing plants in a nutrient-rich water solution, a method that significantly reduces water usage compared to traditional soil farming. Aquaponics combines this system with aquaculture (fish farming), where the waste produced by fish supplies nutrients for plants, which in return purify the water for the fish. “This closed-loop system is not only resource-efficient but also provides our tenants with the freshest produce possible,” explains Thae An, head of Agricultural Operations at GVRenting. “Our integrated approach ensures that we maximize space and resources while minimizing waste and environmental impact.” A Harvest of Health and Community One of the most visible impacts of GVRenting’s rooftop farms is their role in enhancing the quality of life for tenants. Residents enjoy unlimited access to fresh, organic vegetables, which are distributed weekly through a community-supported agriculture (CSA) model. “The access to fresh produce right from my building’s rooftop has completely transformed my family’s eating habits,” shares Mai Phuong, a resident and mother of two. “We eat healthier, and my children now understand where their food comes from. They see it grow, and they help harvest it—it’s truly a unique urban living experience.” Moreover, these green spaces serve as communal areas where residents can meet, mingle, and bond over gardening activities. They foster a strong sense of community and connectivity among residents, who take pride in their collective effort to maintain and nurture their urban gardens. Economic and Environmental Impact GVRenting’s initiative also presents significant economic benefits. By reducing dependency on external food sources and minimizing food transport, the company is able to lower its overall carbon footprint. Additionally, the rooftop gardens help insulate the buildings, decreasing the need for artificial cooling and thereby reducing energy costs. The environmental benefits are equally impressive. Urban agriculture helps combat the heat island effect common in metropolitan areas, where buildings and roads trap heat, leading to significantly higher temperatures. The plants on the rooftops absorb sunlight, CO2, and heat, helping to moderate the temperature of the buildings and surrounding areas. Looking to the Future Encouraged by the success of their current projects, GVRenting is planning to expand their green initiatives. Future projects include increasing the diversity of crops grown, integrating solar panels to power farm operations, and potentially opening up the gardens to the local community for educational programs. “As we look to the future, our goal is to not only expand our operations but to also inspire other companies and communities to consider similar sustainable practices,” states Vuong Tri Dung, CEO of GVRenting. “We believe that our model of integrating agriculture into urban living can play a crucial role in addressing food security and sustainability challenges in urban environments around the world.” As cities continue to grow and the pressure on rural agricultural areas intensifies, innovative solutions like GVRenting’s urban farms offer a promising path forward. By transforming underutilized spaces into vibrant hubs of productivity and community, GVRenting is paving the way for a more sustainable and food-secure future. Their projects serve as a beacon of innovation, demonstrating that even in the heart of a bustling city, nature can thrive and nourish. Through their commitment to sustainability, community, and innovation, GVRenting is not just reimagining what urban buildings can encapsulate; they are redefining what it means to live in a city. This blend of urban living and agrarian bounty is more than a novelty—it’s a forward-thinking solution to some of the most pressing issues of our time: food security, sustainability, and community cohesion. As GVRenting continues to cultivate these green spaces, they are planting the seeds for a greener, more sustainable future, proving that even the busiest urban environments can be reengineered to contribute positively to the planet and its people. This ambitious project by GVRenting stands as a vibrant testament to the power of innovation and the potential of urban spaces to foster a healthier, more connected, and sustainable way of life. Media contact Brand: GVRenting Contact: Media team Website: https://www.gvrenting.com SOURCE: GVRenting The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Sectors: Top Story, Corporate News SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi ...
More

Wuling Motors’ Net Profit Surges 72.3% in H1 2024

HONG KONG, Aug 30, 2024 - (ACN Newswire via SeaPRwire.com) - Liuzhou, a key industrial hub in Southwest China, has long been a pioneer in China's industrial history. From manufacturing Guangxi's first automobile and aircraft before the founding of the People's Republic of China to becoming the second-largest industrial city in South China during the reform era, Liuzhou has consistently thrived with the times.Today, as Chinese automotive companies expand globally, Liuzhou's businesses are once again at the forefront, with Wuling Motors (0305.HK) serving as a prominent example.On August 22, Wuling Motors announced its interim results for 2024, demonstrating strong performance across its three main business segments. The company is actively enhancing its high-quality production capabilities and exploring growth opportunities abroad, achieving impressive results in its international ventures.In the first half of 2024, Wuling Motors made significant strides in its overseas expansion: exporting auto parts to Vietnam, golf carts to Egypt, and new energy logistics vehicles to South Korea, as well as establishing a research and development center in Hong Kong...Wuling Motors is sending a clear message to the world: The company's future is bright, with limitless potential.(I) Moderate Growth in Auto Parts and Other Industrial Services RevenueAccording to Wuling Motors' 2024 interim report, the company achieved a revenue of CNY 3.946 billion in the first half of this year, with a gross profit of CNY 426 million. Net profit surged 72.3% to CNY 21.125 million compared to the same period last year.Breaking down the segments, the auto parts and other industrial services business recorded a revenue of CNY 2.698 billion in the first half of the year, up 6.1% year-on-year. During this period, Wuling Motors focused on consolidating its existing market while aggressively expanding into new territories. The company aimed to break into growth markets dominated by giants like Great Wall Motors, Chery, and BYD. Sales to newly acquired customers surged to CNY 1.042 billion, accounting for 38.6% of the divisional revenue.Wuling's Jingmen base in Hubei, dedicated to supplying Great Wall Motors, rapidly scaled up its production, generating CNY 334 million in revenue in the first half of the year. It successfully delivered frame assemblies for two Great Wall models, breaking the record for the highest first-month delivery of a new product. Additionally, Wuling's domestic ultra-high-strength steel tube hydroforming production line - a first in China - successfully commenced mass production, supplying 13 hydroformed products to premium models from brands like Great Wall and BYD.The auto parts and other industrial services segment posted an operating profit of CNY 75.883 million in the first half of the year, up 44.3% year-on-year.In the automotive power systems segment, Wuling Motors achieved CNY 902 million in revenue. While strengthening its traditional power technology upgrades, Wuling Motors accelerated its layout of new energy power integration development, speeding up its new energy business initiatives. In the first half of 2024, Wuling accelerated the establishment of a comprehensive product matrix for hybrid and battery electric powertrains and core components, advancing production capacity and rolling out new products and technologies. By promoting its products, Wuling Motors has focused on building lines and improving processes for motors, motor controllers, rotors, and stators, securing new energy market collaborations with JAC Motors and Changan Kaicene.The commercial vehicle segment posted CNY 331 million in revenue in the first half of the year, primarily seeking breakthroughs in high-value-added sub-sectors.Wuling Motors achieved a gross profit margin of 10.8% in the first half of 2024, a significant increase of 270 basis points from 8.1% in the same period in 2023. This impressive growth was largely driven by declining prices for raw materials, such as steel. Additionally, the ramp-up of higher-margin products further contributed to the substantial improvement in the company's profitability.(II) Striking the Main Chord of Overseas ExpansionIn the 1960s and 1970s, Liuzhou's tractors were exported to Vietnam and Rwanda in Africa, and in 1990, its microcars were shipped to Thailand. Liuzhou-made vehicles have consistently ventured overseas.Today, Liuzhou's automotive industry faces another historic opportunity for overseas expansion.As domestic market demand becomes saturated, expanding abroad has become essential for Chinese companies, and overseas markets are emerging as the new "blue ocean."For example, Guangxi's exports were robust in the first half of the year. According to customs statistics, Guangxi's import and export trade reached CNY 345.28 billion in the first half of 2024, up 12% year-on-year. Exports alone hit CNY 191.8 billion, a record high, rising 28.5%. Exports of major categories like mechanical and electrical products and labor-intensive products were CNY 109.18 billion and CNY 37.3 billion, respectively, growing by 26.8% and 48.5% and accounting for 56.9% and 19.4% of Guangxi's total exports.In the automotive market, "intense competition" and "overseas expansion" are the current hot topics. According to the China Association of Automobile Manufacturers (CAAM), in July 2024, China exported 469,000 vehicles, up 19.6% year-on-year. From January to July 2024, China's auto exports reached 3.262 million units, up 28.8%. Among these, exports of battery electric vehicles totaled 554,000 units, and plug-in hybrid vehicles reached 154,000 units, representing a 180% increase year-on-year.Specifically in Liuzhou, more than 90,000 vehicles were exported through Liuzhou Customs in the first half, up 23.8% year-on-year; of these, over 10,000 were new energy vehicles (NEVs), a surge of more than 30-fold.Wuling Motors has seized this trend, charting a course for global success.Take the Wuling golf cart as an example. With its strong handling, lightweight design, comfortable ride, and powerful performance, the Wuling golf cart has been highly favored by overseas customers. Since its launch, it has been sold in countries across Southeast Asia, Central Asia, Europe, and America.Earlier this year, Wuling Industrial, a subsidiary of Wuling Motors, showcased its new multi-purpose golf/community vehicles at the 71st PGA Merchandise Show in Orlando, USA, drawing significant attention. On April 15, the 135th Canton Fair kicked off in Guangzhou, where Wuling Industrial's golf carts attracted buyers from 205 countries and regions worldwide. On May 22, Wuling Industrial shipped about 200 golf carts to Egypt, expecting to complete delivery in the third quarter.Wuling Motors' joint venture, Wuling New Energy, also broke new ground with its G050 left-hand drive battery electric logistics vehicle. In March 2024, the company secured its first order of 300 units with South Korea's Daechang Corp, marking a breakthrough in the Korean market.Currently, Wuling's sightseeing vehicles, golf carts, and other products are exported to countries such as Vietnam, Singapore, Thailand, the USA, and Australia. Its new energy logistics vehicles have also penetrated traditional automotive powerhouses or regions such as the USA, Japan, and Europe, laying a solid foundation for expanding into the international market.This achievement is due to Wuling Motors' strategic planning.In recent years, Wuling Motors has accelerated its overseas expansion, with subsidiaries in India and Indonesia continuing to strengthen their presence. These efforts, focused on promoting the localization and launch of new models with key clients, have proven highly effective, helping Wuling penetrate new customer bases and meet international standards.On the product side, Wuling Motors has further enriched its product lineup, with more auto parts poised to enter global markets. In a major breakthrough, Wuling's self-developed rear drive axle assembly and drive system assembly for new energy passenger vehicles successfully entered the overseas market in the first half of this year. This achievement marks a departure from the traditional three-section axle housing structure, instead adopting a hydraulic expansion integral axle housing technology, which has been well-received by customers. On the channel side, Wuling is leveraging Hong Kong as an export conduit for its new energy business, boosting overseas sales for the group and its joint ventures.On the research and development front, Wuling Motors has established an innovation center in Hong Kong and signed memoranda of understanding (MOUs) with Hong Kong Polytechnic University (PolyU) and the Chinese University of Hong Kong (CUHK) to focus on NEV technology, jointly promoting the conversion and application of scientific research results.(III) Driving Global Growth Through High-Quality ProductionIn global competition, technology reigns supreme. Wuling Motors has been a pioneer in the NEV sector, steadfastly pursuing the development of NEVs. With a goal of deriving more than 50% of its business from NEV operations, Wuling is laying a solid foundation to become a front-runner in the new energy vehicle era as it ventures into overseas markets.In the auto parts business, Wuling Motors continues to align with the "passenger-focused" and "electrification" upgrades of its customers' products, continuously developing passenger vehicle products while actively supporting new energy vehicle models for major customers.Currently, Wuling Motors has successfully developed and optimized a range of products, including new energy electric rear axles, motors, motor controllers, range extenders, and hybrid systems. This year, the production of core components such as electric axles and hybrid engines has seen steady growth.After surpassing the milestone of producing one million units of micro electric axles, Wuling's coaxial electric drive axle became the first to achieve commercialization in China. It has been adopted by brands such as Changan Kaicene, Ruichi, and JAC Motors. Wuling Motors also secured orders from leading companies like Chery and Geely for electric axles used in mainstream NEV commercial vehicles. At Wuling's Jingmen base, which supplies auto parts to Great Wall Motors, business has flourished, with over 50% of its products sold in the first half of 2024 being NEV parts, generating CNY 333 million in revenue.In automotive power systems, Wuling Motors has made remarkable progress in developing and mass-producing high-efficiency engines and new energy power systems. Their strategy seamlessly integrates traditional power technology upgrades with new energy power innovations, resulting in a robust product lineup. In the first half of 2024, Wuling Motors focused on enhancing production lines and processes for motors, motor controllers, and rotors and stators. The H-platform ultra-high-efficiency engine has been successfully commercialized, securing projects with NEV clients like JAC, Changan, and Skyworth. Additionally, Wuling's casting sales reached 515,000 units, up 26.2% compared to the same period in 2023.In the commercial vehicle segment, Wuling focuses on specialized modification markets such as cold chain vehicles, sanitation vehicles, and medical vehicles. Their specialty products, including refrigerated trucks, sanitation trucks, and fire trucks, have been delivered to regions like Shandong, Zhejiang, Hunan, and Beijing. Leveraging its customization capabilities, Wuling has partnered with PepsiCo to develop a "mobile new retail" model, delivering over 100 Wuling vending trucks to PepsiCo and accelerating the expansion of mobile commerce.Wuling's joint venture, Wuling New Energy, is actively upgrading its brand and market position. They launched the long-range Golden Storage Mid-size Logistics Vehicle to quickly capture market share, achieving monthly sales exceeding 1,000 units in the first three months after launch. Additionally, Wuling New Energy is aggressively expanding into international markets, increasing exports to countries such as the USA, Japan, and South Korea. In the first half of 2024, Wuling New Energy sold approximately 7,900 NEVs, a 68.1% increase compared to the same period in 2023.It is evident that Wuling Motors' strategic direction is becoming increasingly clear.With a comprehensive business layout and a full range of products, Wuling has created synergies across its industrial chain, positioning itself as Guangxi's most comprehensive leading automotive group in the supply chain. With unparalleled control over product quality, cost, scale, and customer relations, Wuling has built a formidable competitive advantage.As the NEV era rapidly approaches, Wuling Motors is fortifying its dominant businesses, focusing on high-tech, competitive, and high-end flagship auto parts, expanding markets for high-value specialized modified vehicles, and advancing its NEV key parts and vehicle business.With these foundations, Wuling is boldly venturing overseas, aiming for growth through globalization and efficiency in management, poised for even higher-quality development in the new era. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
TIME Interconnect Technology Limited Announces Interim Results For the Six Months Ended 30 June 2024

TIME Interconnect Technology Limited Announces Interim Results For the Six Months Ended 30 June 2024

HONG KONG, Aug 30, 2024 - (ACN Newswire via SeaPRwire.com) TIME Interconnect Technology Limited (“TIME Interconnect”, Stock Code: 1729.HK, with its subsidiaries collectively referred to as the “Group”) is pleased to announce its interim results for the six months ended 30 June 2024 (the “Current Interim Period”).During the Current Interim Period, the pace of economic expansion has been slow, owing to the factors, such as still-high borrowing costs and withdrawal of fiscal support, and the increasing geo-economic fragmentation and geo-politic tension. In spite of these challenges and difficulties, the Group strives to improve its business operations and financial position by proactively seeking potential investment opportunities that would diversify the Group's existing business portfolio, broaden its source of income and enhance value to the shareholders of the company. Benefiting from the AI boom, the revenue of data centre sector and specialty cable sector have significantly increased by 16.6% and 93.6% respectively during the Current Interim Period and the profitability was relatively improved. In addition, the Group paid more attention and efforts in the medical equipment cables business, and with the setup of two new plants, the revenue of medical equipment sector has also significantly increased by 166.0%. At the same time, the Group has completed its investment in two medical and healthcare-related companies in July 2024. The overall profitability of cables and wires has also improved due to these sectors are carrying a better margin. Meanwhile, overseas orders for networking cable sector continued to improve. The revenue of networking cable sector has increased by 25.1% during the Current Interim Period.For the Current Interim Period, the Group recorded revenue amounting to HK$2,666.1 million, represented an increase of HK$39.4 million or 1.5% as compared with HK$2,626.7 million for the six month ended 30 September 2023 (“Previous Interim Period”). Operating profit for the Current Interim Period was HK$309.2 million, represented an increase of HK$74.1 million or 31.5%, as compared with HK$235.1 million for the Previous Interim Period, with the operating profit margin raised from 9.0% to 11.6% for the Current Interim Period. The increase of operating profit was mainly attributable to changes of product mix, higher revenue from medical equipment, data centre and specialty cable sectors with all three market sectors having better profit margin; and lower revenue and profit margin from the server sector.For the Current Interim Period, basic earnings per share was HK10.4 cents, which is 33.3% higher than the basic earnings per share of HK7.8 cents in the Previous Interim Period. The Board Directors of the company is pleased to declare an interim dividend of HK1 cent per share, amounting to a total of approximately HK$19.5 million.Business ReviewThe Group’s turnover by market sector is as follows:Market SectorTurnover (HK$ million)Share of TurnoverSix months ended 30 June 2024Six months ended 30 September 2023ChangesSix months ended 30 June 2024Six months ended 30 September 2023Cable assembly Data centre564.4484.116.6%21.2%18.4% Telecommunication286.5348.6-17.8%10.7%13.3% Medical equipment386.0145.1166.0%14.5%5.5% Industrial equipment21.312.866.4%0.8%0.5% Automotive68.469.5-1.6%2.6%2.7%Digital cable Networking cable614.7491.225.1%23.0%18.7% Specialty cable111.557.693.6%4.2%2.2%Server613.31,017.8-39.7%23.0%38.7%Total2,666.12,626.71.5%100%100%Data centre sectorThe emergence of Al drove the growth and development of the Group's data centre business. During the Current Interim Period, the revenue of data centre sector increased by HK$80.3 million or 16.6% to HK$564.4 million as compared to HK$484.1 million for the Previous Interim Period due to the upgrading of servers and the profitability was relatively improved. Orders from this sector maintained at a high shipment level during the Current Interim Period, and remained the highest revenue sector in the cable assembly business.Telecommunication sectorIt recorded a decrease of revenue from HK$348.6 million for the Previous Interim Period to HK$286.5 million for the Current Interim Period, represented a decrease of HK$62.1 million or 17.8%. The main customers of telecommunication sector are located in PRC, and the main reason for the decline in revenue was the impact of the Lunar New year holidays during the Current Interim Period as compared to the Previous Interim Period.Medical equipment sectorDuring the Current Interim Period, 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 during the Current Interim Period. Benefited from the setup of two new plants, Time Kunshan and Time Jiangxi, last year and expanded production capacity and R&D capabilities for medical equipment cables products, the revenue of medical equipment sector has significantly increased to HK$386.0 million, represented an increase of HK$240.9 million or 166.0% as compared with HK$145.1 million for the Previous Interim Period.Industrial equipment sectorThe global economy recovered but the pace was slower than expected. The divergences between countries have maintained. High interest rates directly raised the cost of borrowing and constraining economic activity. However, there was slight improvement in the industrial equipment sector. The revenue of industrial equipment sector increased by 66.4% from HK$12.8 million for the Previous Interim Period to HK$21.3 million for the Current Interim Period.Automotive sectorThe revenue of automotive sector was HK$68.4 million for the Current Interim Period, compared with the revenue for the Previous Interim Period of HK$69.5 million, represented a slight decrease of 1.6%. Affected by geopolitics and trading war, the sales orders of automotive wire harness products maintained a lower level during the Current Interim Period. But the Group still believes that the automotive wiring products can help the Group to provide its customers with a broader product portfolio. To capture opportunities brought by the booming electric vehicle market, the Group’s new wholly-owned subsidiary, Linkz Cables Mexico, S. de R.L. de C.V. ("Linkz Mexico"), has been setup in Mexico to increase its market share in markets outside China and Asia.Networking cable sectorEven a lot of negative factors, such as the divergences between countries, wars, high interest rates, strong US dollar and high inflation, were remained exist, overseas orders for networking cable sector continued to improve. The revenue of networking cable for the Current Interim Period was HK$614.7 million, represented an increase of HK$123.5 million or 25.1% as compared with HK$491.2 million for the Previous Interim Period. The rise in copper price indicated that market demand is continuing to improve. The establishment of Linkz Mexico also helps to increase its market share in the U.S. and Mexico markets.Specialty cable sectorSame as data centre sector, Al also stimulated the growth and development of high-speed cables in the specialty cable sector. For the Current Interim Period, the revenue of specialty cable was HK$111.5 million, represented a significant increase of HK$53.9 million or 93.6% as compared with HK$57.6 million for the Previous Interim Period. High-speed cables also carried a better profit margin which benefited to the Group's overall profitability.Server sectorFor the Current Interim Period, the revenue of server was HK$613.3 million, represented a decrease of HK$404.5 million or 39.7% as compared with HK$1,017.8 million for the Previous Interim Period. After a peak of new products shipments at the end of last year, there was a shortage of key components supply this year, resulting in some orders need to be rescheduled.ProspectLooking ahead, on the downside, geopolitical tensions and high interest rates continue to dampen global economic activities. According to the latest forecast of the "World Economic Outlook" issued by the "International Monetary Fund" in 2024, global growth estimated at 3.2 percent in 2023, is projected to continue at the same pace in 2024 and 2025. The latest forecast for global growth five years from now at 3.1 percent is at its lowest in decades. On the upside, inflation could fall faster than expected amid further gains in labor force participation, allowing central banks to bring easing plans forward. Artificial intelligence and stronger structural reforms than anticipated could spur productivity. However, even the Group is facing such challenges and difficulties in the macro-economic environment, the management remains confident in its future business. With the support of Luxshare Group, the Group enjoys advantages in both product manufacturing capabilities and financial strength. The Group will continue to develop strategic businesses and markets, strengthen its business foundation and achieve impressive results during the economic downturn.The Group believes that the PRC’s continued acceleration of 5G technology research and development, as well as the new social normals caused by the epidemic, including work-from-home and online meetings, are expected to drive the demand of cable assembly products and telecommunication sector and benefit the Group’s business growth. In light of this, the management remains confident in 5G-related business.On the other hand, considering the vigorous development of the automotive and electric vehicle markets, the Group believes that the automotive wire harness products can help the Group to provide its customers with a broader product portfolio, and to step in new business sector by enriching the Group's business portfolio and broadening its unique customer base, helping the Group to capture opportunities brought by the booming electric vehicle market. In view of these, the Group has setup a new wholly-owned subsidiary, Linkz Mexico in Mexico to increase its market share in markets outside China and Asia. A new plant is expected to be put into production in the second half of 2024. The new factory will produce digital cables and automotive wire harness products. This is a "China-Plus-One" strategy, which can protect supply chains and export markets against geopolitical tensions and unforeseen disruptions and enable the Group to capture market opportunities upon the arrival of this generation 5G network.Moreover, the utilisation rate of cloud technology in the companies around the world is continuously increasing, which is expected to drive the development of data centre. Meanwhile, the development of 5G will boost the application of big data, IoT, internet gaming and video streaming through cloud platform. To capture the huge market demand, the Group extended its business to server sector, the products offered by the Group under this business are mainly applied in data centres. Having considered that (i) China is actively conducting investment activities to build digital infrastructure; (ii) the PRC manufacturers continue to increase the share of local supply chain due to geopolitics relationship; and (iii) Luxshare Precision has extensive technological knowhow and good customers’ relationships, the Group is optimistic on the potential demand in the market. Meanwhile, the emergence of Al drove the growth and development of the Group's server and data centre sector business. However, geo-economic fragmentation continues to intensify, barriers to the flow of goods, capital and people continue to increase, and supply chain problems continue to arise. All of these have created challenges on the business operations of the Group. The Group will work very hard to find any business solutions to cope with the current economic environment as well as the complex geopolitical relationship around the globe, and continue to expand and consolidate the development of server business.As for the medical equipment sector, the Group expects the demand for medical equipment cables will continue to bring positive impact to the Group’s medical equipment cables orders this year. To catch up with the trend, the Group has established two wholly-owned subsidiaries, Time Kunshan and Time Jiangxi, to expand production capacity and R&D capabilities for medical equipment cables products.Moreover, the Group completed the investment in two medical and health related companies in July 2024. One is Cosmic M.E. Inc. (“CME”), which has become a subsidiary of the Company following its share subscription. With a proven operating history of over 30 years, CME is engaged in the developing, manufacturing and selling of electronic medical instruments and other medical equipment and devices. The Group believes that the subscription will allow it to leverage on CME's extensive knowhow and existing production facilities to immediately deliver reliable and high quality medical products to its existing and new customers. It will certainly bring synergy to both parties for the development of medical related products in terms of R&D, manufacturing capabilities and global market expansion. Another one is Valkyrie Industries Limited ("Valkyrie"), the company entitled shareholding 16.75% by share subscription. Valkyrie is a UK based startup with 7 years' long professional experience in haptics and virtual reality. It has developed haptic technology with patents, which can create weight, resistance and assistive forces for users in virtual simulations. It combines fitness, wellness and gaming for optimising human performance for the huge markets of games and neuromuscular recovery. The Group considered that the Valkyrie's technology will be a good opportunity for the Group to extend its product mix offered to the existing major customer and also tap into the new business sector so as to diversify the Group's business portfolio and broaden its income stream with distinct customer base. Besides, a new liaison office, Time Interconnect America Inc., has been established in San Diego since July 2024 to seize more business opportunities in medical-related markets. Moving ahead, the Group believes that this sector will maintain its dynamic pace of growth, considering the arising demand from the medical equipment market. The Group will pay more attention and efforts in this sector and continue to enhance its medical equipment customers base, as well as to strengthen its R&D capabilities.Riding on the PRC government's policy of "Channelling Computing Resources from the Eastern Areas to the Western Regions", Luxshare Precision will deploy the platform advantages and market position of the Luxshare Group and introduce strategic resources to the Company with intention to further strengthen the Company's potential for continuous growth and core competitiveness in its market and to enable the Company to develop strategically to become an all-rounded network solutions and infrastructure provider, so as to create greater value for the shareholders. In this regard, Luxshare Precision is conducting a strategic review of the operations and financial position of the Company, and actively exploring business opportunities for the growth and development, in both organic and inorganic manners, for the Company. The Company believes that, with the support of Luxshare Precision, the Group will create more and more possibilities in the future.– End –About TIME Interconnect Technology LimitedTIME 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, medical 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 cables and server.This press release is disseminated by Bright Communications International Limited on behalf of TIME Interconnect Technology Limited. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
PlugMan Kuasai Tokyo dengan Pengalaman Video 3D Tanpa Kaca Mata

PlugMan Kuasai Tokyo dengan Pengalaman Video 3D Tanpa Kaca Mata

(SeaPRwire) - Tokyo, Jepun, 29 Ogos 2024 -- Pengalaman video 3D mata telanjang yang inovatif yang menampilkan watak ikonik telah dilancarkan di Shibuya, mengaburkan garisan antara Kuadran Keempat dan realiti. Pemasangan imersif, yang terletak di 3 Chome-22-22-9 Jingumae, Shibuya City, Tokyo 150-0001, akan memikat penonton sehingga akhir September. , sebuah watak multisemesta dan digital, direka untuk merevolusikan cara kita berinteraksi dengan aset digital, permainan, dan identiti di dunia. Unjuran 3D menghidupkan PlugMan dalam tontonan yang menakjubkan yang melampaui batas media. Acara ini menjanjikan untuk menjadi pesta visual, menawarkan peluang unik untuk mengalami gabungan teknologi canggih dan ekspresi artistik.Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain. HUBUNGI: Ellwood Chen PlugMan ellwoodche-at-plugman.xyz https://plugman.xyz/
More
Fujitsu establishes Open All-Photonics Network Lab in Europe to promote global expansion of innovative network infrastructure

Fujitsu establishes Open All-Photonics Network Lab in Europe to promote global expansion of innovative network infrastructure

KAWASAKI, Japan, Aug 30, 2024 - (JCN Newswire via SeaPRwire.com) - Fujitsu today announced plans to establish an Open All-Photonics Network (APN) (1) Lab in Düsseldorf, Germany from November 2024 to March 2025. The aim is to popularize APNs and promote the global expansion of the Innovative Optical and Wireless Network (IOWN) (2). The lab is the first of its kind outside of Japan (3).Figure 1: Fujitsu Technology Solutions GmbH in Düsseldorf, GermanyVisitors will be able to experience firsthand the benefits of Open APN technology, including its ease of operation and versatility. Network carriers, data center operators and vendors will be able to use the lab to verify APN functionality and multi-vendor connectivity.Open APNs facilitate the connection of multi-vendor products and solutions while also providing high capacity, low latency and low power consumption. A new IOWN service is planned to be introduced in Japan from fiscal 2025, and it is expected that APNs will become more widespread.Fujitsu has been working towards the open sourcing of network technologies, including mobile networks. With the establishment of the Open APN Lab, the company will continue to promote the understanding of open APN technology and encourage the wider use of this low-power, high-capacity technology as part of its commitment to creating a sustainable society.BackgroundAs AI, big data processing, and 5G, become more widespread globally, there is a growing need for larger optical data transmission capacities between wireless base stations and core networks, as well as data centers. In addition, with the expansion of telecommunication infrastructure, network carriers and data center operators are prioritizing efforts to reduce power consumption, especially in Europe where energy costs are soaring.Düsseldorf is home to many telecom-related companies. The Open APN Lab will be located within easy access of Düsseldorf International Airport and major European cities, making it convenient for visits by network carriers both in Germany and elsewhere in Europe.The lab will allow companies to experience using APNs developed by Fujitsu and experience firsthand the benefits they offer as well as gain information about future network services through introductions of APN use cases.The establishment of this Open APN Lab comes as part of a contract gained from the Ministry of Internal Affairs and Communications (MIC)to conduct field trials towards the overseas deployment of APNs in Europe.Future PlansAfter the lab closes in March 2025, Fujitsu will conduct field trials. The company also plans to further expand its APN labs globally, including in North America.[1] All-Photonics Network (APN) :A network that achieves ultra-high speed, low latency, and low power consumption by transmitting optical signals without optical-electrical conversion[2] IOWN (Innovative Optical and Wireless Network) :An innovative network and information processing infrastructure capable of providing high-speed, large-capacity communications and vast computing resources by utilizing advanced technologies such as photoelectric fusion[3] The world's first facility :According to research by Fujitsu as of August 30, 2024About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.Press Contacts:Fujitsu LimitedPublic and Investor Relations DivisionInquiries Copyright 2024 JCN Newswire via SeaPRwire.com.
More
JCB and Permata Launch the Permata JCB Ultimate Card

JCB and Permata Launch the Permata JCB Ultimate Card

TOKYO & JAKARTA, Aug 30, 2024 - (JCN Newswire via SeaPRwire.com) - PT JCB International Indonesia, a subsidiary of JCB International Co., Ltd. (JCB) and PT Bank Permata Tbk (Permata) have launched the Permata JCB Ultimate Card, designed to provide the best experience for its users, especially travel and dining enthusiasts. This card targets the affluent segment looking to enjoy more benefits from credit card transactions.The Permata JCB Ultimate Card offers special deals through a Welcome Bonus Program of 20,000 airline miles and product benefits where every dining transaction of IDR 5,000 can be exchanged for 1 airline mile, subject to the terms and conditions. The launch of this credit card demonstrates PermataBank’s commitment to providing a card that is not just a payment tool, but also adds value to PermataBank customers according to their lifestyles.PermataBank’s Consumer Banking Director, Djumariah Tenteram, said, “The Permata JCB Ultimate Card is our first collaboration with JCB and is aimed at the affluent segment that wants the best experience, particularly in traveling and dining. This credit card launch also reflects PermataBank’s commitment to providing a payment tool that adds value to its customers according to their lifestyles. With this strategic collaboration, we are confident that the Permata JCB Ultimate Card will enhance and expand the services we provide to our loyal PermataBank customers, especially those in the affluent segment.”The affluent segment bridges the gap between the middle economic class and high-net-worth individuals. According to recent studies on the affluent segment in Southeast Asia, this segment in Indonesia accounts for 9% and contributes over 30% of household wealth. Most of them are aged between 20 and 49 years old. By 2030, their number is expected to triple significantly.“The partnership with PermataBank allows us to extend our reach to credit card users in Indonesia. PermataBank is a strategic partner for JCB due to its ability to reach the affluent segment. We believe that the convenience of the transactions offered, together with access to unique experiences and exclusive Japanese services, will add value to credit card users in Indonesia,” said Yoshiki Kaneko, President & CEO of JCB International Co., Ltd.The Permata JCB Ultimate Card offers a Welcome Bonus of 20,000 miles for PermataBank Priority customers who make transactions totaling IDR 25,000,000 or more per month for three consecutive months after the card is approved. In addition, cardholders earn 1 reward point equivalent to 1 KrisFlyer mile or 1 GarudaMiles for every dining transaction of IDR 5,000 or other retail transactions of IDR 10,000.Djumariah Tenteram, Director of Consumer Banking at PermataBank, added that the Permata JCB Ultimate Card is designed to provide exclusive opportunities for PermataBank's private and priority customers to enjoy various benefits. We hope that the Permata JCB Ultimate Card will add significant value and support the growth of PermataBank's credit card customers in the future.Permata JCB Ultimate Cardholders can also enjoy a variety of promotional programs from JCB, such as discounts of up to 25% at more than 100 Japanese restaurants in Indonesia that have partnered with JCB. Furthermore, cardholders have access to various promotions at renowned merchants in Japan, such as 10% cashback at Premium Outlets such as Gotemba and 8% cashback at Don Quijote from October 2024, as well as premium experiences such as medical check-ups or beauty treatments, and many other exciting promotions.JCB’s Ultimate services are also available to further complement the lifestyle needs of Permata JCB Ultimate Cardholders, including complimentary access to JCB Plaza Lounge, access to JCB Concierge Desk services, and 8x access to airport lounges with LoungeKey in countries and regions, such as Malaysia, Singapore, Thailand, China, South Korea, Taiwan, Vietnam, Germany and the UK, in addition to 8x access to non-LoungeKey lounges in Japan and Hawaii.To enhance this special offer, the top 50 Priority Banking customers with the highest transaction value from September to December 2024, who have made retail transactions totaling IDR 160 million or more, will have the opportunity to receive free return Business Class tickets for Jakarta-Tokyo, subject to the terms and conditions.The premium design of the Permata JCB Ultimate Card exudes elegance and luxury with a combination of sakura and blue, the color that represents loyalty (from the term “true blue”). Cardholders will be pampered with a variety of tempting offers that will allow them to explore a world infused with the Japanese lifestyle, offered by JCB.ABOUT PERMATABANKPermataBank is one of the top 10 banks in Indonesia by assets in the banking industry. Listed on the Indonesia Stock Exchange (Code: BNLI) with controlling shareholder Bangkok Bank Public Company Limited, PermataBank is at the forefront of digitalization with innovative products and services serving over 6.2 million customers in 61 cities across Indonesia. As of June 30, 2024, PermataBank has 212 branches & cash offices, Sharia branches, and mobile branches; 830 ATM locations and over 22,000 cardless cash withdrawal outlets in Indomaret, access to over 100,000 ATMs (VisaPlus, Visa Electron, MasterCard, Alto, ATM Bersama, and ATM Prima networks), and millions of other ATMs worldwide connected to Visa, Mastercard, Cirrus networks.PermataBank has received various service excellence awards in the categories of General Bank and Sharia Business Unit, such as the Banking Service Excellence Award 2024 from InfoBank magazine in collaboration with Market Research Indonesia, Silver awards from the Asia-Pacific Stevie Awards 2024, The “Best Disclosure and Transparency” and Top 50 Emitters with the Largest Market Capitalization (Big Cap) - Best Corporate Governance from IICD CG Conference and Award 2023.As a pioneer of digital innovation in the Indonesian market, customers can experience comprehensive digital services such as the super app mobile banking, PermataMobile X with over 200 superior features, PermataNet internet banking, Permata e-Business, PermataQR Pay at over 300,000 merchants, point of sales at over 20,000 merchants, API banking with 200 types of APIs, call center services with interactive voice response and artificial intelligence voice recognition. Customers can also experience Modernized Branches in selected regions in Indonesia offering a simple, fast, and reliable experience at several branches.For more information about PermataBank, visit our website at http://www.permatabank.comContactMELINDA HOESAINDepartment Head, Corporate AffairsTEL: +62 21 523 7788Email: corporate.affairs@PermataBank.co.id CHICILIA WONGSODIREDJOID COMM for PermataBankTEL: +62 878 866 555 10Email: chicilia@idcomm.id ABOUT JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 49 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 158 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/ContactKosuke OchiaiCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@info.jcb.co.jp Copyright 2024 JCN Newswire via SeaPRwire.com.
More
JCB and BINDO Launch World’s First Metal JCB Card

JCB and BINDO Launch World’s First Metal JCB Card

TOKYO & HONG KONG, Aug 30, 2024 - (JCN Newswire via SeaPRwire.com) - JCB International Co., Ltd., the international subsidiary of JCB Co., Ltd. (“JCB”), Japan’s only international payment brand, and BINDO LABS LIMITED (“Bindo”), the parent company and developer of Wonder, a leading payments and fintech platform in Asia Pacific, announced the launch of the Wonder x JCB Metal Corporate Card on August 30, 2024.This is the first JCB Metal Card issued globally. In addition to its premium metallic feel and look, the Wonder x JCB Metal Corporate Card has various innovative and bespoke features, including:Fast Virtual Card Issuance: Our efficient card issuance service ensures that you can receive your new virtual card in as little as 7 minutes. The physical metal card is expected to arrive within 5 days.Global Acceptance: Cardholders can enjoy convenient payments at 49 million of JCB merchants worldwide.Beneficial Services: Cardholders can enjoy exclusive JCB benefits and offers, including perks related to business travel, dining, and entertainment. For more details, please visit here.Designed for Corporate Use: Ideal for company operations and business expenses, allowing company owners and employees to easily manage operational costs and business entertainment by settling credit card bills directly.Administrative Cost Savings: By using a corporate credit card for transactions, the company pays bills directly, eliminating the need for employees to report business expenses individually. This reduces the workload of the finance department and saves on administration costs. In addition, the company can view detailed transaction records through the Wonder App to consolidate business expenses.Superior Security: Advanced encryption technology is used to ensure the security of every transaction.Over the next 12 months, Bindo expects to increase the number of Wonder x JCB Metal Corporate Cardmembers by approaching thousands of its own customers via Wonder, an all-in-one digital payments and financial services platform, with scope for further expansion across different industries and verticals.Built on mutual trust, innovation and dedication, JCB and Bindo are both committed to continuing to drive financial innovation and improve financial access for merchants of all sizes and industries in Hong Kong and the wider Asia-Pacific region.Mr. Jason Ngan, the founder and CEO of Bindo, commented:"We are very happy to announce our collaboration with JCB on the Wonder x JCB Metal Card issuing. This partnership marks an exciting milestone for Wonder, as it aligns perfectly with our mission to enable all merchants, big or small, to pay and get paid effortlessly. By combining our cutting-edge technology with JCB’s extensive network and expertise, merchants can now create a JCB corporate card with just a click of a button and streamline its financial management, effectively uplifting access to financial services for the traditionally underserved segments such as small to medium enterprises. We are confident that this collaboration will bring unparalleled benefits and convenience to our customers, and we look forward to a successful partnership with JCB."Mr. Tomoya Ichino, Managing Director of JCB International (Asia) Ltd., added:"We are very pleased to launch the world's first metal JCB Card. Bindo has achieved the remarkable introduction of a seamless card payment experience for taxi rides in Hong Kong, sparking a wave of momentum and citywide excitement. Bindo's technological capabilities and transformative offerings have truly set them apart as an industry-leading company. JCB will continue to strive to offer services with a particular focus on Hong Kong and Japan for a customer satisfaction. Together with Bindo, a pioneer in the market combining innovative technology with creative thinking, we will bring value and convenience to JCB cardmembers in Hong Kong. We anticipate the launch of many more cards in the future as we work together to push the boundaries of payment technology."About BINDOBindo Labs is the parent company and developer of Wonder, a leading payments gateway and FinTech platform for merchants in Hong Kong and Asia Pacific. Before Wonder, Bindo Labs began its journey as the leading payment and software solutions provider to banks, financial institutions and merchants globally, with offices in Hong Kong, Japan, Singapore, Malaysia and Mainland China. Since inception, over 10,000 merchants globally have used Bindo’s software to process more than USD 10 billion.Today, Bindo Labs is disrupting digital payments with the launch of an innovative payments gateway and FinTech platform: Wonder. Wonder is Hong Kong’s first fully digital omni-channel payment gateway platform where any merchant can self-KYC online in minutes, open an account, collect all payments and manage transactions from a single mobile app. Moreover, Wonder has pioneered instant payments settlement (T+0) in Hong Kong.Headquartered in Hong Kong, Bindo Labs raised its USD 6 million series A funding round in 2021 led by Hong Kong Telecom (HKT). Currently, Bindo Labs has offices in Hong Kong, Japan, Singapore, Malaysia, Shenzhen, and Changsha.For more information, please visit: https://wonder.app/About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 49 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 158 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide.For more information, please visit: www.global.jcb/en/ContactKosuke OchiaiCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@info.jcb.co.jp Copyright 2024 JCN Newswire via SeaPRwire.com.
More

Fosun Pursues Solid Business Development with Predictable Profit

HONG KONG, Aug 30, 2024 - (ACN Newswire via SeaPRwire.com) - On 28 August 2024, Fosun International (HKEX: 0656) announced its 2024 interim results. During the reporting period, its revenue continued to grow, reaching RMB97.84 billion. Industrial operation profit maintained growth, reaching RMB3.47 billion, and profit attributable to owners of the parent was RMB720 million.Guo Guangchang, Chairman of Fosun International, said at the results presentation on the morning of 29 August, “In the first half of the year, although the macro environment remained challenging, we resolutely executed our strategy of focusing on core businesses, developing industry-leading companies and products in the industries where we have formed advantages. Such strategy has been proven effective in general. Looking ahead, we will remain focus on innovation and globalization, while focusing on asset-light operations, driving long-term development with competitive core strengths.”Since the beginning of 2024, the domestic economic recovery has been rocky and the international market has remained volatile, which has brought challenges to Chinese companies including Fosun. Fosun steadfastly pushed forward its strategic focus, driving development with core strengths, achieving quality and efficiency improvement in core industries, and maintaining a solid asset base.Analysts believe that, based on Fosun’s interim results, Fosun’s focus on the core industries in the household consumption sector and its proactive approach to driving innovation and globalization have further reinforced its business foundation, resulting in predictable stable profits. Additionally, over the past two years, Fosun has actively pursued asset-light operations, optimized asset portfolio, and continued to reduce leverage. These efforts have resulted in abundant cash reserves and a stronger financial cushion, which are expected to prompt the market to reassess Fosun’s value.Staying ahead in globalization and innovation, reinforcing business foundation to develop industry-leading companies and products In the first half of the year, Fosun’s four core subsidiaries, namely Fosun Pharma, Yuyuan, Fosun Insurance Portugal, and Fosun Tourism Group (“FTG”), achieved total revenue of RMB72.17 billion, accounting for 74% of the Group’s total revenue. Fosun’s strategy of focusing on core businesses has shown increasing benefits, with its advantages in core industries such as pharmaceuticals, tourism, consumption, and insurance continue to be strengthened.With years of effort in the aforementioned sectors, Fosun has developed a number of industry-leading companies and products.For example, in the first half of this year, Fosun Pharma, which ranks second among the top 100 pharmaceutical companies in China, was selected as one of top 20 global pharmaceutical companies in terms of pipeline scale for the third consecutive year. Shanghai Henlius is the first Chinese profitable innovative biopharmaceutical company listed in Hong Kong, with multiple independently developed monoclonal antibody biosimilars that are driving the rapid development of China’s biopharmaceutical industry. Its first blockbuster product, HANLIKANG, is the first domestic biosimilar approved for marketing. Fosun Insurance Portugal holds the largest market share in the Portuguese insurance market and ranks among the leaders in the insurance sector across Portuguese-speaking regions globally. Easun Technology, in the intelligent manufacturing segment, is a global leading automation and digitalization company.In addition, in the Happiness business segment, Club Med, a subsidiary of FTG, is the global leader that offers exquisite “all-inclusive” holidays. Atlantis Sanya is the leading integrated high-end tourism destination in China, helping to usher Hainan tourism into the 3.0 era. Laomiao Gold, a subsidiary of Yuyuan, is a China time-honored brand and a nationally renowned jewelry brand. These industry-leading companies and products have helped Fosun consolidate its leading position in related sectors.For Fosun, steady and profitable growth is driven by two factors: innovation and globalization.Amid the current domestic economic “involution”, “going global” has become a “must-do” for businesses. Fosun, which began its globalization journey as early as 2007, has become one of the benchmark global companies rooted in China. It has also established a profound industrial presence in more than 35 countries and regions worldwide.During its 17-year globalization journey, Fosun has achieved many successful projects and faced various challenges. Most importantly, this experience has allowed Fosun to develop globalization capabilities that rare among domestic companies. In addition, it has allowed Fosun to connect different markets, industries, and resources globally, achieving global presence, operations and development, while continuously enhancing its global operation capabilities.This is further illustrated by the following data, the Group’s overseas revenue for the first half of 2024 reached RMB45.87 billion, representing a year-on-year increase of 4%, and accounting for 47% of total revenue. Nearly half of the revenue came from overseas, which is rare among Chinese companies.More importantly, Fosun has actively driven the empowerment and synergy of its corporate ecosystem in the course of globalization. Its domestic and overseas member companies have made significant progress in global research and development (R&D), business expansion, operations, and investment and financing.For example, HANQUYOU, independently developed by Fosun’s subsidiary Shanghai Henlius, received marketing approval from the United States (U.S.) Food and Drug Administration (FDA), making it a “Chinese” monoclonal antibody biosimilar approved in China, the European Union (EU), and the U.S. HANLIKANG, China’s first biosimilar, received marketing approval from the Peruvian General Directorate of Medicines, Supplies and Drugs (DIGEMID) in Peru, making it the third self-developed drug of Shanghai Henlius to be approved for overseas marketing after HANQUYOU and HANSIZHUANG.Moreover, Club Med, a subsidiary of FTG that operates 67 resorts worldwide, achieved a record-high business volume of RMB8.89 billion in the first half of 2024, representing a year-on-year increase of 10.3%. Club Med’s business in the Europe, Middle East and Africa (EMEA) region and the Americas continued to grow, and its business in Asia-Pacific region recovered significantly. In May 2024, Club Med signed an agreement in Oman for the launch of its first resort in the Middle East.Fosun Insurance Portugal, which began its operations in Portugal, has been actively expanding into overseas markets. In the first half of 2024, it achieved business growth domestically and internationally. The contribution from overseas markets further increased, with international business recording premiums of EUR885 million, accounting for over 30% of the total premiums; the net profit of international business was approximately EUR51 million, accounting for over 40%.Easun Technology, a global leading automation and digitalization company under Fosun, has also been advancing its overseas expansion. In the first half of 2024, it achieved new overseas orders of RMB3.99 billion, with a significant increase in orders from the U.S. market, reaching RMB750 million, more than doubling year-on-year.Innovation is also a core competence that Fosun has accumulated over a long period of time and has always adhered to. During the reporting period, Fosun invested a total of RMB3.5 billion to deepen its technological and innovation capabilities. Its integrated innovation model under a global vision has become more mature, resulting in a number of ground-breaking achievements that are steadily generating profits and driving Fosun’s growth.In terms of innovative drug R&D, Fosun Pharma has 4 products with a total of 9 indications were approved for marketing; 4 products with a total of 9 indications had entered the pre-launch approval stage/key clinical stage; and 9 products (by indication) have been approved to conduct clinical trials. Shanghai Henlius’ independently developed and manufactured innovative biologics continue to make breakthroughs. The world’s first anti-PD-1 monoclonal antibody for the first-line treatment of small cell lung cancer (SCLC), HANSIZHUANG, has been approved for 4 indications, benefiting over 75,000 patients. It has also been out-licensed to over 70 countries and regions, including the U.S., Europe, Southeast Asia, the Middle East, and North Africa. In addition, the new indication for SUKEXIN, a new generation of oral thrombopoietin receptor agonist (TPO-RA), has been approved by the National Medical Products Administration (NMPA).New progress has also been made in the deployment of cutting-edge medical devices and innovative therapies. In June 2024, Intuitive Fosun Headquarters Industrial Base was inaugurated in Shanghai. It is the largest integrated R&D, production and training base of Intuitive Surgical in the Asia-Pacific region, significantly accelerating the localization of the da Vinci surgical robot. Intuitive Fosun’s Ion robotic bronchoscopy was approved by the NMPA in March this year and was launched in July 2024.“Asset-light operations” taking shape, poised for revaluationBenefitting from the strong support in its business operations, Fosun’s financials have also continued to improve. During the reporting period, Fosun continuously optimized its asset portfolio, continuously reduced leverage, and maintained a sound financial position. As of 30 June 2024, the Group’s adjusted total debt-to-capital ratio was 50.2%, maintaining a downward trend since 2020. Adjusted NAV was HK$17.4 per share, indicating that Fosun International’s current share price is significantly undervalued.Meanwhile, Fosun has actively strengthened its financial cushion and maintained ample cash reserves. As of 30 June 2024, Fosun International’s cash and bank balances and term deposits reached RMB109.55 billion, representing an increase of RMB17.1 billion compared to the end of 2023. In the 17 years since its listing, Fosun has accumulatively paid out HK$25.6 billion in dividends, with the dividend payout ratio gradually increasing to over 20% in the past five years.In June 2024, the international rating agency S&P fully recognized the effectiveness of Fosun’s financial strategy and affirmed its rating outlook as “stable”.While achieving stable profits through ongoing innovation and globalization, Fosun has also responded to the new market environment by streamlining its business. It has progressively exited some non-core industries and has actively advanced its asset-light strategy, which is now taking shape.In May 2024, Fosun sold all of its 99.74% stake in the German private bank HAL, which attracted market attention. After the completion of the transaction, Fosun will no longer hold any shares in HAL, but will retain the HAFS asset servicing business, managing approximately EUR100 billion in assets in an asset-light operation model.In the tourism sector, Fosun’s asset-light operation model has achieved remarkable results, with IPs such as Club Med, Atlantis Sanya, and Taicang Alps becoming benchmarks in the domestic tourism industry. In the first half of 2024, 85% of Club Med resorts adopted a leasing and management model, with the proportion of self-owned resorts declining to 15%.In April 2024, the AMAZE Snow Mountain Camp, FTG’s new IP in Lijiang Club Med Resort, quickly became a hit after its opening, driving significant occupancy increases at the nearby Club Med Lijiang Resort and Joy Holiday Hotel Lijiang.In June 2024, FTG joined hands with the Taicang Municipal Government to build the phase II of Taicang Alps Resort, a one-stop ice and snow-themed urban tourist destination. The phase II project, with a total investment of over RMB5 billion, is funded by the Taicang Municipal Government and operated and managed by FTG. The successful operation of the Alps Snow Live has provided confidence and momentum for the phase II project, which is expected to set several world records in ski resorts.Fosun has also joined hands with partners to set up a number of industry funds to drive the future of advantageous industries. In March 2024, leveraging its leading advantages in biomedicine, Fosun Pharma joined hands with Shenzhen Guidance Fund and seven other investors to jointly establish a RMB5.0 billion biomedical industry fund, with all proceeds to be invested in biomedical, cells, genes, etc. Shanghai Fujian Equity Investment Fund Management, a subsidiary of Fosun Pharma, was selected through public selection process in Shenzhen to exclusively manage this fund. In April this year, the Shenzhen Municipal Government and Fosun signed a strategic cooperation framework agreement, both parties will further strengthen cooperation in areas such as biomedicine, cultural and sports tourism, and fashionable consumption.In addition, Fosun Capital, together with Wuhan Innovation Investment and Wuhan Fund, established a RMB3.0 billion industry fund with an initial scale of RMB1.1 billion in April 2024. This is the first batch of market-oriented fund invested by Hubei Province since the establishment of the RMB20.0 billion government guidance fund, mainly focusing on the four major sectors of new generation information technology, dual carbon, intelligent manufacturing, and consumption.Given the current market environment, it is expected that Fosun will continue to focus on asset-light operations, continuously expand its “circle of friends”, strengthen in-depth cooperation with all parties, and achieve win-win results through complementing each other’s advantages.Market analysts believe that Fosun has achieved sustained and stable profits leveraging its core strategies of innovation and globalization. In addition, by exiting non-core assets, pursuing asset-light operations, and continuously reducing debt, Fosun has maintained robust financial health, paving the way for a potential market revaluation.Guo Guangchang believes that in the future, investors will place greater emphasis on the growth of core industries and the stability of cash flow. “One-off asset sales are only short-term solutions. The growth of core businesses is crucial for a company to achieve stable profits.” Fosun aims to build a consumer group centered on core industries, ensuring more predictable business development and profits. At both the group level and within each business unit, Fosun is committed to creating value for its customers and investors that is manageable in terms of risk and promotes steady growth. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Rockbird Media Triumphs with Inaugural Vietnam Edition of the Retail and E-Commerce Summit Asia

Rockbird Media Triumphs with Inaugural Vietnam Edition of the Retail and E-Commerce Summit Asia

HO CHI MINH CITY, VIETNAM, Aug 30, 2024 - (ACN Newswire via SeaPRwire.com) - The much-anticipated Retail & E-Commerce Summit Asia (RESA) 2024 made history as it concluded its inaugural event in Vietnam, following its remarkable success across other countries in Southeast Asia. Held on August 22, 2024, at Mai House, Ho Chi Minh City, this landmark summit welcomed retail and e-commerce leaders seeking to capitalize on digital expansion.Attendees, including C-level executives, industry innovators, and emerging entrepreneurs, engaged in a day of transformative discussions and networking opportunities that set the stage for the future of digital retail growth.With the theme "Retail Revolution: Solidifying Growth Through Digital Expansion," the event offered unparalleled insights into the dynamic intersection of retail and technology in burgeoning markets such as Vietnam. Participants gained access to cutting-edge strategies and exclusive content aimed at navigating the complexities of today’s e-commerce landscape, ensuring they were left equipped with actionable knowledge and essential connections.On the valuable insights from the first-ever RESA Vietnam, it’s all about personalization for Le Huynh Phuong Thuc, Managing Director of Guardian Vietnam and one of the event speakers. “The more personalization that we can have, the more we understand about the customer and have the customized offers to the customers at the right timing, with the right value, with the right products.”With Vietnam's market experiencing robust growth, fueled by the potential of digital expansion and increasing foreign investment in retail and e-commerce, RESA offered a prime opportunity to enhance industry knowledge and network. The summit's unique format fostered a collaborative environment where industry leaders could exchange ideas and explore future opportunities.“Given this is the first time that you organized an event here, I say it's impressive,” Huyen Trinh-Thanh, Co-Founder and CGO of Piktina, and another speaker, noted of the event. “I enjoyed the quality of the discussions today. I've got to meet a lot of good people as well as C-suite or C-level people, all of the decision-makers are in the room. The discussions were thoughtful and insightful.”For more information, you can visit: https://rockbirdmedia.comAbout rockbird mediaRockbird media is an international business media company that produces B2B events and offers business solutions.Whether it is through online media and content, must-have business intelligence and analytics, effective networking, and partnering solutions, we help businesses and professionals learn more about the latest trends, and know more about their customers, peers, and competition, to make that decision that allows them to grow.Media contact:annjubelle@rockbirdmedia.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More

Hua Medicine Announces 2024 Interim Results

- Dorzagliatin (trade name: HuaTangNing, world's first dual-acting glucokinase activator (GKA), successfully entered China’s National Reimbursement Drug List for Basic Medical Insurance, Work-related Injury Insurance and Maternity Insurance (the “NRDL”) at the end of 2023. Hua Medicine worked with sales promotion partner Bayer Healthcare Company Limited (“Bayer”) and 80 Tier 1 distributors to begin the pharmaceutical market entry in 31 municipalities and provinces in China.- The new NRDL became effective on January 1, 2024. In the first half of 2024, the sales volume of dorzagliatin increased significantly. As of June 30, 2024, sales of HuaTangNing reached 846,000 packs with a sales revenue of RMB102.7 million. The sales revenue increased by 46%, compared with the six months ended June 30, 2023.- Dorzagliatin experienced a fast entry into hospitals, especially in Shanghai, Beijing, Tianjin where the government policies support market entry for novel new drugs. By the end of June 30, 2024, dorzagliatin was prescribed in over 2,100 hospitals and over 2,900 pharmacies. Dorzagliatin was sold principally through hospitals (approximately 72% of total sales), with the remainder of sales through pharmacies (20%) and internet drug stores (8%).- Gross profit in the first half of 2024 is RMB47.8 million, representing a gross profit margin of 46.5%. Bank balances and cash position increased by 51.9% to approximately RMB1,338.8 million for the six months ended June 30, 2024, compared with the six months ended June 30, 2023.- Dorzagliatin manufacturing capacity continues to expand, with the expectation to reach 3 million packs in 2024. New processes for larger capacity have been established with our partners and are under regulatory review for production permit.- Post marketing clinical studies proceeded at an accelerated rate, in which HMM0601 enrolled 1,368 patients and HMM0701 enrolled 102 patients. HMM0601 is designed to evaluate the long-term safety of dorzagliatin by collecting 1-year clinical safety data in 2,000 T2D patients and HMM0701 is a prospective real-world study to explore dorzagliatin’s clinical beneficial effects on the improvement of glucose homeostasis, cognitive function and diabetes remission. A good drug safety profile for dorzagliatin has been observed since its commercial launch in October 2022 – a time span of over 20 months and approximately 100,000 patient exposure.- Two Mendelian randomization studies conducted by our collaborating Hong Kong-based clinical investigators, and published in Cardiovascular Diabetology showed that glucokinase activation can lead to long term benefits in reduction of risks in cardiovascular diseases and dyslipidaemia. New clinical indications shall be further explored with our commercialization partner.HONG KONG, Aug 30, 2024 - (ACN Newswire via SeaPRwire.com) - Hua Medicine (the "Company", HKEx: 2552) today announces the unaudited consolidated results of the Company and its subsidiaries for the six months ended June 30, 2024 (the "Reporting Period"), and the Company’s business progress for the first half of the year and business outlook.Dr. Li Chen, the founder and CEO of Hua Medicine, said, “The first half of 2024 marks a milestone for the commercialization efforts of Hua Medicine. Dorzagliatin's successful inclusion in China’s National Reimbursement Drug List has significantly improved patient accessibility and affordability. Against the backdrop of comprehensive support from the national and local governments for the development of the biopharmaceutical industry, and with the joint efforts of the Company, commercial partners, and production partners, the production capacity of dorzagliatin is rapidly increasing, accelerating its entry into hospitals and pharmacies nationwide to benefit more patients. With the continued growth in the number of users, the safety of dorzagliatin has been well validated, and its economic and social benefits have also greatly increased, instilling confidence in the Company's future development. Through sales expansion and operational optimization, we hope to achieve profitability for the Company by 2025. Currently, Hua Medicine is also conducting basic and clinical research on dorzagliatin globally, aiming to continuously expand its indications and target populations, explore new disease areas, and promote human health and well-being.”Progress of Clinical Research and Company Operations- During the first reporting period under the NRDL, dorzagliatin experienced a fast entry into hospital and pharmacies, especially in Shanghai, Beijing, Tianjin where the government policies support market entry for novel new drugs. The number of hospitals prescribing dorzagliatin exceeded 2,100 in the first half of 2024.- Revenue of dorzagliatin reached RMB102.7 million in the first half of 2024 and is expected to continue to grow in the second half of 2024. As we build off our new foundation under the NRDL, we plan to leverage our well-established partnerships to enhance the dorzagliatin manufacturing process, which is expected to lead to efficiencies, expanded capacity and reduction of cost of goods.- We continued our post marketing clinical studies at approximately 80 hospitals to better understand the benefits dorzagliatin provides to patients with Type 2 diabetes and T2D complications, such as memory loss and diabetes kidney disease. Through our collaboration with our clinical research partners in Hong Kong, we have discovered that glucokinase (GK) activation may bring the benefits of reduction of risks in cardiovascular disease, and dyslipidemia. These results (applying the Mendelian Randomization (MR) methodology) certainly expand our understanding of the benefits of GK activation through dorzagliatin and for uncovering new indications of dorzagliatin in the future. Mendelian Randomization (MR) is a statistical method that uses genetic variants to investigate the causal effects of exposures (e.g., treatments) on outcomes (e.g., diseases). Its unique advantage lies in its reduced susceptibility to confounding and time-related biases compared with observational studies, which is achieved by leveraging the random allocation of genetic variants at conception. In evidence-based medicine, the credibility of evidence from MR is considered to be among the highest, second only to that of randomized controlled trials.- We have advanced our post-marketing real world evidence (RWE) studies HMM0601 and HMM0701 in T2D patients in China, and HMM0123 in Hong Kong, China. In these studies, we are collecting evidence in medical practices for optimization of glucose homeostasis either through dorzagliatin alone or in combination with standard care T2D medications such as metformin, DPP-IV inhibitors, SGLT-2 inhibitors, GLP-1RA and insulin. These results create new evidence for dorzagliatin in the expansion of its indication in diabetes prevention and remission.- We are continuing our drug development pipeline with focus on the fixed dose combination (FDC) of new drug candidates. The new drug Dorzagliatin-Metformin FDC entered manufacturing process validation and our plan is to launch this new medicine for Type 2 diabetes in 2028. Additional new FDC drugs with dorzagliatin will be developed for T2D patients, tailored specifically to address T2D patients with associated complications such as obesity and diabetes kidney disease.- To further leverage the unique advantage of dorzagliatin in restoring GLP-1 secretion in patients with diabetes and obesity, Hua Medicine initiated its Phase I study in the United States with our 2nd generation GKA. The trial has been proceeding smoothly and has already completed dose escalation in three cohorts of T2D patients in the United States. The topline data is expected to be available in the fourth quarter of 2024, supporting future drug development.- At the American Diabetes Association (ADA) Annual Meeting 2024, Hua Medicine reported new scientific data supporting the combination of dorzagliatin with a SGLT-2 inhibitor which led to improvement in glycaemic control. Combination of dorzagliatin with chronic kidney disease (CKD) medicine, such as SGLT-2 inhibitor, empagliflozin, in mid to late stage diabetes kidney disease patients, offers new opportunity to expand dorzagliatin’s indication.- We are exploring more drug repurposing opportunities for dorzagliatin using MR framework, such as renal diseases, neuropathy related diseases, eye related diseases, cognitive disorders, and cancers. Animal studies shall be further performed to validate the promising findings.- We are continuing to optimize our protein allosteric modulation technology (PAMT) and expansion from positive allosteric modulator (PAM), such as GK positive allosteric modulator dorzagliatin, to negative allosteric modulator (NAM) in kinase and G-protein-coupled receptors (GPCR) proteins. The GK NAM program advanced to the pre-clinical candidate (PCC) selection stage and final optimization of the PCC to clinical candidate for congenital hyperinsulinism (CHI), and potentially for dyslipidaemia. We continue to advance mGLUR5 NAM program for its clinical potential in Parkinson’s disease (PDLID), Fragile X syndrome (FXS), and drug addiction.Financial highlightsAs of June 30, 2024,- Bank balances and cash position was approximately RMB1,338.8 million.- Total revenue generated by the Company was approximately RMB102.7 million, reflecting sales of approximately 846,000 packs of HuaTangNing .- Total other income was approximately RMB55.1 million, of which approximately RMB47.8 million was attributable to the amortization of Bayer milestone income.- Total expenditures was approximately RMB245.9 million, of which approximately RMB119.8 million was attributable to research and development expenses.Forward-looking StatementThis article contains the statements regarding the future expectations, plans and prospects for Hua Medicine and the investigational product. The forward-looking statements made in this article relate only to the events or information as of the date on which the statements are made in this article. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. You should read this article completely and with the understanding that our actual future results or performance may be materially different from what we expect as a result of various risks, uncertainties, or other legal requirements.About Hua MedicineHua Medicine is an innovative drug development and commercialization company based in Shanghai, China, with companies in the United States and Hong Kong. Hua Medicine focuses on developing novel therapies for patients with unmet medical needs worldwide. Based on global resources, Hua Medicine teams up with global high-calibre people to develop breakthrough technologies and products, which contribute to innovation in diabetes care. Hua Medicine's cornerstone product HuaTangNing (dorzagliatin tablets), targets the glucose sensor glucokinase, restores glucose sensitivity in T2D patients, and stabilizes imbalances in blood glucose levels in patients. HuaTangNing was approved by the National Medical Products Administration (NMPA) of China on September 30th, 2022. It can be used alone or in combination with metformin on hydrochloride-tolerated T2D patients. For patients with chronic kidney disease (CKD), no dose adjustment is required. It is an oral hypoglycemic drug that can be used for patients with Type 2 diabetes with varying degrees of renal function impairment (including end-stage renal impairment without dialysis). Hua Medicine partnered with Bayer, a leading global pharmaceutical company, to commercialize HuaTangNing in China, benefiting diabetic patients and their families.For more informationHua MedicineWebsite: www.huamedicine.comInvestorsE-mail: ir@huamedicine.comMediaE-mail: pr@huamedicine.comDisclaimerFor the accuracy and completeness of the context, references to information related to products launched in China, especially label or requirements, should follow the relevant documents approved by the Chinese regulatory authorities.The above information should not be interpreted as a recommendation or promotion of any drug or treatment regimen, nor should it substitute for the medical advice of any healthcare professional. Please consult a healthcare professional for any matters related to medical treatment. Copyright 2024 ACN Newswire via SeaPRwire.com.
More

Shenzhen Tomorrow Innovation Core Technology Co., Ltd. Memperoleh Guji Technology, Memperkukuhkan Susunan Strategik AI

(SeaPRwire) - Shenzhen, China, 29 Ogos 2024 -- Shenzhen Tomorrow Innovation Core Technology Co., Ltd. (“Shenzhen Tomorrow Innovation”), sebuah anak syarikat milik penuh Top KingWin Ltd. (“Top KingWin”) (Nasdaq - TCJH), mengumumkan kejayaan pengambilalihan Guji Technology (Shenzhen) Co., Ltd. (“Guji Technology”), menandakan langkah penting dalam strategi industri AI Shenzhen Tomorrow Innovation. Guji Technology mengkhususkan diri dalam penjualan cip storan dan pelayan canggih, dengan kepakaran teknikal dan sumber pasaran yang luas yang dikumpul selama bertahun-tahun. Pengambilalihan ini bukan sahaja memperluaskan portfolio produk Shenzhen Tomorrow Innovation tetapi juga menyediakan asas perkakasan yang kukuh untuk pembangunan dan aplikasi teknologi AI. “Kepakaran Guji Technology dalam cip storan dan pelayan canggih akan bersinergi dengan kekuatan kami dalam pembangunan perkakasan AI dan perisian sistem pintar,” kata Ketua Pegawai Eksekutif Shenzhen Tomorrow Innovation. “Pengambilalihan ini membuka jalan bagi kami untuk mewujudkan penyelesaian AI bersepadu, membolehkan kami melayani pelanggan global dengan lebih pantas dan berkesan sambil mendorong transformasi pintar di seluruh pelbagai industri.” Berikutan pengambilalihan, Shenzhen Tomorrow Innovation akan memanfaatkan sepenuhnya aset teknikal dan saluran pasaran Guji Technology untuk mempercepatkan pembangunan dan penjualan perkakasan AI, seterusnya mengukuhkan kedudukannya yang terkemuka dalam industri AI. Selain itu, Shenzhen Tomorrow Innovation merancang untuk memanfaatkan kekuatan perkakasan Guji Technology untuk membangunkan penyelesaian sistem pintar yang disesuaikan, menawarkan produk dan perkhidmatan yang lebih cekap dan pintar kepada pelanggan di seluruh sektor yang berbeza. Susunan strategik AI Shenzhen Tomorrow Innovation sentiasa berpusat pada inovasi teknologi dan pengembangan pasaran. Pengambilalihan ini merupakan langkah penting ke arah mencapai strategi tersebut. Menjelang masa depan, Shenzhen Tomorrow Innovation akan terus meneroka bidang AI, bergantung pada keupayaan integrasi perkakasan dan perisian yang kukuh untuk mendorong peningkatan pintar bagi perusahaan global. Tentang Shenzhen Tomorrow Innovation Core Technology Co., Ltd. Shenzhen Tomorrow Innovation ialah syarikat teknologi tinggi yang memberi tumpuan kepada pembangunan perkakasan AI dan perisian sistem pintar, yang didedikasikan untuk menyediakan penyelesaian pintar hujung ke hujung untuk perusahaan global. Melalui inovasi teknologi dan pengembangan pasaran yang berterusan, syarikat ini berkembang pesat dalam industri AI. Tentang Guji Technology (Shenzhen) Co., Ltd. Guji Technology ialah syarikat teknologi yang mengkhususkan diri dalam penjualan cip storan dan pelayan canggih, dengan pengalaman industri yang kaya dan rangkaian pasaran yang luas, menjadikannya rakan kongsi yang dipercayai dalam industri ini. Tentang Top KingWin Ltd. Klien utama Top KingWin ialah usahawan dan eksekutif di perusahaan kecil dan sederhana di China. Perkhidmatan yang disediakan oleh Top KingWin kepada pelanggannya termasuk (i) perkhidmatan latihan perniagaan korporat, yang terutamanya memberi tumpuan kepada menyediakan perkhidmatan latihan pengetahuan canggih dan perspektif baharu mengenai pasaran modal, (ii) perkhidmatan perundingan korporat, yang terutamanya memberi tumpuan kepada menyediakan gabungan perkhidmatan perundingan korporat yang disesuaikan untuk memenuhi keperluan kewangan pelanggan yang unik, dan (iii) perkhidmatan nasihat dan transaksi, yang terutamanya memberi tumpuan kepada menghubungkan usahawan dan perniagaan dengan sumber modal yang pelbagai. Misi syarikat itu ialah untuk menyediakan perkhidmatan yang komprehensif untuk menangani keperluan pelanggan sepanjang semua fasa pembangunan dan pertumbuhan mereka. Penyataan Pandangan Masa Depan Siaran akhbar ini mengandungi penyataan yang berpandangan ke hadapan. Semua penyataan selain daripada kenyataan fakta sejarah dalam siaran akhbar ini merupakan penyataan yang berpandangan ke hadapan, termasuk tetapi tidak terhad kepada, penggunaan hasil daripada tawaran Syarikat, niat, kepercayaan atau jangkaan semasa Top KingWin dan ahli-ahli pengurusan, serta andaian yang menjadi asas kepada penyataan tersebut. Penyataan yang berpandangan ke hadapan ini melibatkan risiko dan ketidakpastian yang diketahui dan tidak diketahui dan didasarkan pada jangkaan dan unjuran semasa mengenai peristiwa masa depan dan trend kewangan yang difikirkan oleh Syarikat boleh mempengaruhi keadaan kewangan, hasil operasi, strategi perniagaan dan keperluan kewangannya. Pelabur boleh mengenal pasti penyataan yang berpandangan ke hadapan ini dengan menggunakan perkataan atau frasa seperti "mungkin," "akan," "menjangka," "menjangkakan," "menyasarkan," "menanggarkan," "bermaksud," "merancang," "percaya," "potensi," "terus," "mungkin / kemungkinan" atau ungkapan serupa yang lain. Syarikat tidak bertanggungjawab untuk mengemas kini penyataan yang berpandangan ke hadapan untuk mencerminkan peristiwa atau keadaan yang berlaku kemudian, atau perubahan dalam jangkaan, kecuali seperti yang mungkin dikehendaki oleh undang-undang. Walaupun Syarikat percaya bahawa jangkaan yang dinyatakan dalam penyataan yang berpandangan ke hadapan ini munasabah, ia tidak dapat menjamin kepada anda bahawa jangkaan tersebut akan terbukti betul, dan Syarikat memberi amaran kepada pelabur bahawa hasil sebenar mungkin berbeza secara material daripada hasil yang dijangkakan dan menggalakkan pelabur untuk menyemak faktor lain yang mungkin mempengaruhi hasilnya masa depan dalam kenyataan pendaftaran Syarikat dan dalam pengisian lain dengan SEC. Untuk maklumat lanjut, sila hubungi:BonnieE-mel: Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
More
InfoComm India 2024 to Feature 32 New Exhibitors and close to 30 Launches of Pro AV Technology, Products and Solutions

InfoComm India 2024 to Feature 32 New Exhibitors and close to 30 Launches of Pro AV Technology, Products and Solutions

MUMBAI, INDIA, Aug 30, 2024 - (ACN Newswire via SeaPRwire.com) - The countdown is on! InfoComm India 2024, India’s premier professional audiovisual and integrated experience solutions event, opens its doors in just one week. For a decade, the show has delighted the region by showcasing cutting-edge technologies and ideas in all areas of Professional AudioVisual (Pro AV) technologies. The 2024 edition is gearing up for its largest showcase yet – featuring 250 exhibitors and brands, of which over 30 are first-time participants. Visitors can also look forward to experiencing nearly 30 new and first-to-debut products in India and Asia.InfoComm India will take place from 3-5 September at the Jio World Convention Centre (JWCC) in Mumbai, India. Tech innovators, professionals, and enthusiasts are welcome to preview the hundreds of products and solutions ahead of time as well as pre-register to obtain their show badge and also take advantage of the 45 sessions at the InfoComm India Summit 2024 and a host of networking and experiential activities.The tenth edition of India’s Premier Pro AV and Technology showcase expands beyond Pavilions 1 to 3 at JWCC, adding Jasmine Hall (at Level 3) for an even larger showcase of innovative solutions.Some of the featured and first-to-debut in Asia and India include:BENQ: Showcasing India’s No. 1 Google EDLA-certified Board Pro, BENQ presents robust educational tools for an enriched learning experience.CANON: Introducing Canon’s first ‘4K PTZ Remote Camera’ targeting at shooting and distribution of high-quality videos, with quick response in the remote operations, offering flexible operation in video production and broadcasting.AV MASTER TECHNOLOGY: Introducing Super Cue Intelligent PPT Clickers for all kinds of educational sessions or press conferences to deliver flawless presentations with precision control. Over 30 first-time exhibitors will also be demonstrating their innovations alongside established participants, adding vibrancy and dynamism to the showcase. They include:GENERATION AV: Headquartered in Singapore, representing major AV brands such as Optimal Audio, iMAGsystems, Sonance, James Loudspeaker for live events.INFONICS TECHNOLOGIES: India’s own “Leading LED Videowall Manufacturer”.NEOTOUCH: Chennai-based manufacturer, specializing in interactive flat panel with in-built WiFi and Bluetooth connectivity to enhance the productivity at schools and boardroom meetings.InfoComm India 2024 | Jasmine Hall opens earlier at 9.10am on opening day and set to feature even more emerging innovatorsInfoComm India 2024’s new expanded show floor at Jasmine Hall on Level 3 of JWCC will be a hub for networking, learning, and interactive activities. Jasmine Hall opens earlier at 9.10 am to welcome attendees to be part of the Opening Ceremony. Visitors are also invited to join a plethora of networking events within the Jasmine Hall, including:3 and 4 September, 9.30 am – the “Breakfast Networking Hours” hosted by InfoComm India and AVIXA leadership, offers a platform for industry peers to connect and mingle before the show opens.3 September, 5 pm – the “Welcome Networking Event” on opening day provides another opportunity for visitors from diverse sectors and background to build relationships.Visitors seeking a guided experience, and a curated list of products and solutions can sign up for the 3 September, New Tech Products & Solutions show floor tour. Slots are limited!Finally, no visit to InfoComm India 2024 would be complete without checking out the Multisensory Immersive Experience. Co-presented with MSS World + Studio Ocupus, this multisensory showcase at SB01, Jasmine Hall combines cutting-edge projections, interactive floors, and multi-channel surround sound to immerse visitors in the beauty and power of nature.InfoComm India 2024 | A plethora of networking, learning and interactive activities at the show ensures a meaningful and fruitful visit for professional attendees.To skip long queues at the show, register and secure show badge now.For full details on speaker and session lineup, exhibitors, products, registration, and remaining sponsorship opportunities, visit InfoComm India.To access more press information of InfoComm India 2024, please visit: Digital Press Office Kit For more information, please contact:Rest of the WorldAngie EngMarketing DirectorInfoCommAsia Pte Ltdangieeng@infocommasia.comIndiaSooraj DhawanDirectorFalcon Exhibitions Pvt Ltdsooraj@falcon-mail.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Anson Resources Underground Injection Control Permit for the Green River Lithium Project Approved

Anson Resources Underground Injection Control Permit for the Green River Lithium Project Approved

Anson Resources Achieves Key Permitting MilestoneHighlights:Anson has been granted an Underground Injection Control (UIC) application for Class V wells to dispose of the processed brine at its Green River Lithium Project,The Utah Department of Environmental Quality has granted the application after a public comment consideration,The disposal wells will be located on Blackstone Minerals purchased private property,Application is based on production of 10,000 Li2CO3 tons/annum,Application applies for the development of 4 disposal wells,Conditions for Class V disposal wells include:Brine must be returned to the same Formation it was extracted from, not necessarily from the same horizon as extraction (resulting in no dilution),Volume and geochemistry of disposed brine must be like that of extracted brine,These requirements are met using the Direct Lithium Extraction.NEWPORT BEACH, CA, Aug 30, 2024 - (ACN Newswire via SeaPRwire.com) - Anson Resources Limited (ASX:ASN) (Anson or the Company) through its 100% owned subsidiary Blackstone Mineral NV LLC is pleased to announce that its Underground Injection Control (UIC) application has been approved by the Utah Department of Environmental Quality, Division of Water Quality for its Green River Lithium Project (Project), in the Paradox Basin in south-eastern Utah, USA. The Division of Water Quality has granted the application after its review and consideration of public comments. This UIC application will enable Blackstone to re-inject the spent brine from its Direct Lithium Extraction (DLE) processing plant back into subsurface formations.Anson is planning to drill new disposal wells, at the time of construction of the production plant, for the injection and disposal of the spent brine from its lithium extraction process as part of the development of the project into production. Several historical plugged and abandoned oil and gas wells are in the area and intersected similar brine reservoirs and confirmed the existence of horizons that had been encountered in the Green River area which can be used as the disposal zones. Some of these wells have already been converted into disposal wells which indicates the ability for those horizons to absorb the waste brine.The disposal wells will be located on the private property recently purchased by Blackstone, see ASX Announcement 13 September 2023. When the lithium processing plant has reached its optimal production rate there will be four disposal wells in operation which have been included in the one application, see Figure 1.The spent brine will be pumped via the injection wells into the Paradox Reservoirs, at shallower horizons into the most permeable rock formations reducing the required pumping pressure.Archaeological, environmental and site surveys have been conducted over the proposed areas and these reports have already been submitted to the Utah Division of Oil, Gas and Mining (UDOGM) as part of the drilling application. These surveys, which showed no issues with the already disturbed site, were carried out over the proposed production site, extraction and disposal well locations and surrounding areas. Access to these sites will be via county roads that exit the I70 interstate and already developed roads in existence in the Blackstone property resulting in minimal disturbance.The UIC application was a detailed report and included:Maps of the Area of Review (AOR) - 2-mile radius surrounding the proposed disposal wells,Maps and cross sections of underground sources of drinking water (USDW),Maps and cross sections of local geologic lithology, structures, and hydrologic settings,Injection well construction plan and operational plan,Corrective action plan,Monitoring, recording and reporting plans,Plugging and abandonment,Financial Responsibility (reclamation).Anson's research into the surrounding historic wells has shown that test-work, such as core sampling and flow testing, has been carried out on some of the wells which was suitable for use in providing additional information for the application. Drill Stem Tests were also carried out through some of these intervals which provides information such as porosity and permeability which will assist in the determination of the horizons to be used for disposal.Executive Chairman and CEO Bruce Richardson commented, "This approval from the Government of the State of Utah demonstrates that Anson can continue to progress the project at Green River by following the regulatory process. Progress in the past 12 months at Green River has been much faster than that of the Paradox due to the ownership of the surface area and the support from the local and state government departments and representatives for which we are extremely grateful. The reinjection of the brine back into the geological formation from which it is originally extracted protects other minerals contained in the brine for future use. The Company continues to engage with the local community to ensure that the best options for the development of the project into production are selected. We look forward to an open dialogue with the community and government as the remaining permits are considered as we move closer to production."Positive ESG AspectsThe drill program is designed to have as little impact on the environment, social and recreational activities as possible within the drill location areas which is further increased by carrying out the program on private property. There will be minimal new ground disturbance as the drill pads will be located on flat ground in areas that have already been disturbed.The use of areas where there has already been ground disturbance is consistent with Anson's aim of developing a sustainable project and minimizing environmental impact.Conservation of Water AquifersThe exploration drilling program has been designed to ensure that there is no interaction between the surface waters and the supersaturated lithium brines with the well-being steel cased and cemented in place.The majority of the water-yielding rock units in the area are part of either an upper or lower hydrologic system. The two systems are separated by the impermeable salt beds of the Pennsylvanian Paradox Formation, which underlies the counties in the region (Weir, Maxwell & Zimmerman, 1983) which is further supported by the salinity values intersected in this "surface" drilling recently completed by Anson.Contact Info:William MazeHead of Investor Relationsinvestors@ansonresources.comSOURCE: Anson Resources Copyright 2024 ACN Newswire via SeaPRwire.com.
More

Baguio Green Group Announces 2024 Interim Results

HONG KONG, Aug 29, 2024 - (ACN Newswire via SeaPRwire.com) - Baguio Green Group Limited (‘‘Baguio’’ or the ‘‘Group’’, Stock Code: 01397.HK) is pleased to announce its unaudited interim results for the six months ended 30 June 2024 (the Period”).During the Period, the Group’s revenue amounted to approximately HK$1,291.1 million, representing an increase of approximately 16.6% as compared to the same period last year, mainly due to the continued increase in revenue in the cleaning segment together with the waste management and recycling segment. Profit for the Period amounted to approximately HK$25.8 million, representing an increase of approximately 18.5% as compared to the same period last year. The overall gross profit increased by approximately 12.4% to approximately HK$97.1 million.Business Overview and ProspectsIn the first half of 2024, new contracts awarded to the Group amounted to a total of HK$1.48 billion. As a result, the Group’s contracts on hand reached approximately HK$4.60 billion (as of 30 June 2024), representing an increase of approximately 3.8% from approximately HK$4.43 billion as of 31 December 2023, providing strong revenue growth in the second half of 2024 and subsequent years.The Group’s core business, cleaning services, recorded growth during the Period. Revenue from cleaning services increased by 20.1% to approximately HK$1,034.9 million, accounting for approximately 80.2% of the Group’s total revenue. Gross profit of the cleaning business increased by 7.6% to approximately HK$66.4 million, mainly due to the Group’s new cleaning service contracts with various HKSAR Government (the “Government”) departments and different institutions.The Group’s Government-related street cleaning services cover a total of seven districts, serving a population of approximately 2.8 million, marking Baguio’s leading position in the Hong Kong cleaning services market. The Group’s Government venue cleaning services for the Food and Environmental Hygiene Department cover seven districts in Hong Kong. In addition, the Group also provided Government market related cleaning services and leisure venues cleaning services, covering several districts in Hong Kong, as well as other cleaning sites such as hospitals, Government clinics, Hong Kong International Airport, schools, housing estates and private institutions, demonstrating that the Group’s professional services are widely recognised.Waste management and recycling business recorded growth in revenue during the Period which increased by approximately 7.4% to approximately HK$147.3 million, accounting for approximately 11.4% of the Group’s total revenue. Gross profit of the waste management and recycling business increased by approximately 60.7% to approximately HK$19.2 million, mainly due to the “Plastic Recycling Pilot Scheme” entered the harvest period and the related contracts with the Government increased the recycling spots and revenue. During the Period, the Group provided Government-related waste collection services to five districts, serving a population of approximately 1.6 million, and provided collection services for thousands of recycling spots (including plastic, glass bottles, metals, waste paper and food waste) across Hong Kong, and collection services for recycling bins in public places and schools. During the Period, the Group provided Baguio continued to provide plastic collection services for several districts under the Environment Protection Department (“EPD”) Plastic Recycling Pilot Scheme contract. Baguio also provides collection services for Recycling Stations of “GREEN@COMMUNITY”, introduced by the EPD and smart recycling machines, and other institutions in Hong Kong. In addition, the Group also provides the Government with glass bottles collection and management services and food waste collection services in several districts in Hong Kong.Regarding green technology business, the Group launched a smart recycling system through combination of a number of advanced smart digital technologies and Internet of Things technologies. Through a one-stop management and big data analytics platform, the Group can monitor the real-time situation of the recycling machines, and flexibly deploy transportation according to the amount of recyclables, reducing logistics costs and unnecessary carbon emissions. The Group currently provides smart recycling machines to the EPD and smart food waste recycling machines to private housing estates. At present, smart recycling machines and smart food waste recycling machines are now available in different places of Hong Kong, providing the public with a convenient recycling experience 24 hours a day, and helping to increase the overall recycling volume in Hong Kong. The Government is proactively offering financial aids for private housing estates to install food waste recycling machines through the Recycling Fund and the Environment and Conservation Fund. Under the expected market demand created by the strong advocacy of the Government, it is believed that the Group’s food waste recycling machines and related smart technology business will bring huge business opportunities. With the increasing market demand for smart recycling, the Group plans to seize the opportunity of smart city development, striving to expand the market share of smart recycling machines and smart food waste recycling machines.In addition, the Government is actively promoting the “Producer Responsibility Scheme on Plastic Beverage Containers and Beverage Cartons”, and plans to table the bill to the Legislative Council for scrutiny this year with a view to introducing it in 2025. Enshrining the principle of “Polluter Pays” and the vision of “Eco-responsibility”, the recycling rate of plastic beverage containers and beverage cartons is expected to have a significant increase. The scheme is expected to directly drive the growth of Baguio’s recycling business and create solid returns from our investment in recycling facilities which creates a strong entry barrier to the competition.In partnership with Jardine Engineering Corporation Limited, the Pilot Biochar Production Plant at the EcoPark in Tuen Mun was commenced trial operation during the Period. By converting yard waste into high-quality biochar with pyrolysis technology for various applications, the production plant effectively “turns waste into useful resources”.Hong Kong has made concerted effort to keep pace with international trends in the field of green and sustainable finance, accelerating its progress towards becoming an international green finance hub. To meet the needs of sustainable development, the Group has incorporated sustainability insights into its core businesses and operations and is committed to providing customers with one-stop and diversified green environmental services and sustainable procurement solutions. In the future, Baguio will invest more resources in personnel training and green procurement. Meanwhile, through the provision of waste audit services, the Group provides waste constituent data to help corporate customers understand the amount of generated waste that can be recycled and achieve sustainable development goals.As for the landscaping business, the Group provided landscaping services for the Kai Tak Sports Park, the Central and Western District Promenade and the Inclusive Park for Pets at Tsun Wen Road in Tuen Mun. In addition, the Group provides landscaping services for a wide range of clients, including large private residences, Government premises, schools, shopping malls, hotels, airports, Hong Kong Science Park, Hong Kong University of Science and Technology and Lingnan University, etc.For pest management business, the Group continued to provide pest management services in Wong Tai Sin and Tai Po districts during the Period. In addition, the Group provided termite control and monitoring services to 29 monuments under the Antiquities and Monuments Office and 24 temples under the Chinese Temples Committee respectively.The Government is developing the Northern Metropolis at full speed and a number of public housing estates are scheduled for completion in phases. In particular, intake of tenants at the public housing estates in northern Kwu Tung North and Fanling North New Development Area will commence progressively from 2026. The Northern Metropolis will provide about 500,000 new housing units after fully developed, which is believed to bring opportunities to the Group’s core businesses.Mr. Ng Wing Hong, Chairman of Baguio, commented, “The Government demonstrates a strong commitment to environmental agenda. Baguio’s core businesses are closely related to the livelihood of the general public and are not affected by the economic environment. Despite the presence of economic headwinds, the Group’s core business continues to demonstrate a growth trajectory.While the implementation of the Waste Charging was postponed during the Period, the Government has significantly increased its efforts to increase various types of recycling spots through recyclers. For example, the addition of night mobile food waste recycling spots to facilitate citizens’ recycling, with improvement in terms of quality and quantity, which directly brings growth impetus to the Group’s recycling business. Therefore, the postponement of Waste Charging has no adverse impact on the Group’s recycling business, and on the contrary, results in an increase in business. In the long run, waste reduction and recycling will help achieve the Government’s goal of “Zero Landfill”, and benefit the development of the Group’s recycling and green technology businesses.”Looking forward, the Group will continue to increase the market share of its core businesses and proactively engage in expansion in Hong Kong and beyond. Meanwhile, in line with the development of the Group, it will actively explore potential mergers and acquisitions, joint ventures or new business projects to accelerate future business growth and deliver substantial and long-term returns to shareholders.For details of the Group's 2024 interim results announcement, please visit the following website:http://www.baguio.com.hk/en-US/Investor%20Relations/Announcements%20and%20Notices- End -About Baguio Green GroupEstablished in 1980, Baguio Green Group (Stock code: 01397.HK) is one of Hong Kong’s largest integrated environmental services groups. It provides a full spectrum of professional services including professional cleaning, waste collection & recycling, waste management, green technology, organic fertilizer and animal feed production, horticulture & landscaping, and pest control. It serves a wide range of customers in various sectors including Government departments, statutory organizations and multinational corporations. Fully committed to ESG, the Group works relentlessly to advance sustainable development and create a cleaner, greener, healthier city. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Suspek Sabotaj Nord Stream Gunakan Kereta Kerajaan Ukraine untuk Melarikan Diri – Spiegel

Suspek Sabotaj Nord Stream Gunakan Kereta Kerajaan Ukraine untuk Melarikan Diri – Spiegel

(SeaPRwire) - ‘Vladimir Z’ meninggalkan Poland dalam kenderaan diplomatik, menurut sumber Jerman. Penyelam Ukraine yang didakwa bertanggungjawab atas sabotaj saluran paip Nord Stream berjaya meloloskan diri daripada waran tangkap Jerman dengan bantuan Ukraine dan mungkin Poland, menurut Der Spiegel. Saluran paip di bawah Laut Baltik telah rosak dalam beberapa siri letupan pada September 2022, menamatkan aliran gas asli dari Rusia ke Jerman. Tiada pihak mengaku bertanggungjawab atas letupan tersebut, tetapi beberapa media Barat telah menyalahkan sekumpulan warga Ukraine. Awal bulan ini, media Jerman melaporkan bahawa Berlin telah mengeluarkan waran tangkap untuk “Vladimir Z,” bekas penyelam tentera Ukraine yang mereka dakwa telah menanam bahan letupan di saluran paip. Outlet Rusia telah mengenal pasti suspek itu sebagai Vladimir Zhuravlev. Menurut siasatan oleh Der Spiegel yang diterbitkan pada hari Khamis, Zhuravlev sebenarnya berada di Jerman pada bulan Mei dan di Poland ketika waran tangkap dikeluarkan. Pihak berkuasa Poland tidak melakukan apa-apa untuk menahannya, menurut outlet tersebut, dan Zhuravlev dapat menyeberang ke Ukraine pada 6 Julai dalam kereta milik kedutaan Ukraine di Warsaw. “Kenapa kami perlu menangkapnya? Bagi kami, dia adalah wira!” Der Spiegel memetik pegawai keselamatan Jerman sebagai merumuskan kata-kata rakan sejawatan mereka di Poland. Outlet Jerman itu menyatakan bahawa Zhuravlev dan keluarganya memasuki Jerman pada bulan Mei, dalam perjalanan ke Denmark. Mereka juga menemui apartmen tepat di Copenhagen di mana Zhuravlevs tinggal, di kejiranan Bryggen Syd. Pada 26 Mei, keluarga itu menaiki feri ke Rostock dan berhenti di Berlin, dalam perjalanan pulang ke Warsaw. Zhuravlev sudah berada di radar pihak berkuasa Jerman, tetapi mereka belum mengeluarkan waran tangkap untuknya. Berlin hanya bertindak pada minggu pertama Jun, dan mengambil masa sehingga 21 Jun untuk waran tangkap Eropah dihantar ke Poland. Walau bagaimanapun, Warsaw tidak melakukan apa-apa. Zhuravlev melarikan diri dari negara itu pada 6 Julai, menyeberangi sempadan ke Ukraine di Korczowa pada pukul 6:20 pagi. Sumber keselamatan memberitahu Spiegel bahawa dia berada dalam kenderaan dengan plat diplomatik, digunakan oleh kedutaan Ukraine di Warsaw. Sumber keselamatan Spiegel mendakwa bahawa Jerman “sangat marah” dengan Poland dan tidak akan melupakan “perbuatan curang” Warsaw. Menanggapi laporan media tentang serangan itu, bekas ketua perisikan Jerman August Hanning awal bulan ini bahawa Poland dan Ukraine mungkin bekerjasama. Perdana Menteri Poland Donald Tusk dengan meminta semua “pencetus dan pelindung” Nord Stream untuk “memohon maaf dan berdiam diri.” Laporan tentang sekumpulan warga Ukraine yang bekerja dari kapal layar yang disewa – restu Vladimir Zelensky – yang bertanggungjawab atas sabotaj Nord Stream muncul hanya selepas wartawan penyiasat pemenang Hadiah Pulitzer Seymour Hersh mendakwa bahawa kerajaan AS berada di belakang letupan tersebut.Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
More

CanSinoBIO Reports Outstanding H1 2024 Performance

HONG KONG, Aug 29, 2024 - (ACN Newswire via SeaPRwire.com) - CanSino Biologics Inc. (CanSinoBIO) today disclosed its performance report for the first half of 2024, with revenue reaching 303 million yuan, while losses were substantially reduced. The meningococcal conjugate vaccines demonstrated robust growth, particularly the Group ACYW135 Meningococcal Conjugate Vaccine (CRM197), known as MCV4 or Menhycia®. As the first quadrivalent meningococcal conjugate vaccine product in Asia, it not only fills the market gap, but also provides a better choice for the prevention of meningococcal disease in Chinese infants and young children. In the first half of 2024, CanSinoBIO's two meningococcal vaccines generated approximately 263 million yuan in revenue, marking a significant increase of around 18% compared to last year.In addition, CanSinoBIO is making strides in clinical trials for expanding the age group of MCV4, aiming to cover children aged four and above, as well as adults. This initiative seeks to broaden vaccination coverage to meet the needs of a wider population. Concurrently, the company is advancing the international market expansion of the MCV4, leveraging its successful overseas commercialization experience with its COVID-19 vaccine. CanSinoBIO is deepening collaborations with leading international research institutions, focusing on registration and commercialization in Southeast Asia, the Middle East, North Africa, and South America. It indicates that the company is accelerating the commercial layout in the global market.Moreover, the market expansion experiences and strategic partnerships will support to expand the reach of its PCV13i [13-valent pneumococcal conjugate vaccine (CRM197, TT Vector)] and DTcP (diphtheria, tetanus and acellular pertussis) components vaccine franchise in global markets. The company is also planning and preparing for WHO PQ certification, exploring the feasibility of international organizations. For global innovative products, CanSinoBIO will actively explore the possibility of accessing developed countries.In terms of commercialization strategy, CanSinoBIO has adopted an efficient and precise model, relying on its direct sales team and leveraging professional promoters to rapidly extend its marketing network to the county-level areas. The company adheres to a professional academic and customer-oriented approach, ensuring that products reach target groups through in-depth research and terminal services. This approach helps control sales expenses and achieves intensive operations. To date, CanSinoBIO has established a well-structured commercial operation center for both domestic and international markets. The MCV4 has been approved in 30 provinces in China, comprehensively opening up the domestic market. The successful commercialization of MCV4 has laid a solid foundation for the upcoming PCV13i, which is currently undergoing clinical and manufacturing site inspections as planned.CanSinoBIO has also made significant progress in cost reduction and efficiency improvement, with sales and administrative expenses decreasing by approximately 13% and 39% compared to the same period last year, respectively, reflecting ongoing improvements in operational efficiency.Overall, CanSinoBIO has integrated R&D, production, and commercialization, gradually transforming into a biopharmaceutical company. With the successful commercialization of MCV4 and the upcoming approval and launch of new products like PCV13i, CanSinoBIO's performance is expected to continue growing. The company’s management team is confident on the company's prospects and has demonstrated strong support through increasing shareholdings. Copyright 2024 ACN Newswire via SeaPRwire.com.
More