Dubai AI Festival previous edition. Image Courtesy: Dubai AI CampusThe second edition of Dubai AI Festival to take place on 23 and 24 April 2025 at Madinat Jumeirah, Dubai- As a significant part of Dubai AI Week, the event will reinforce Dubai’s commitment to AI-driven innovation and economic growth- The Festival is expected to attract 8,000+ industry experts, 500+ investors, 100+ speakers, 100+ exhibitors from over 100 countries, and featuring 30+ roundtables and workshopsDUBAI, Mar 26, 2025 - (ACN Newswire via SeaPRwire.com) - Building on the success of the inaugural edition, the Dubai AI Festival returns in 2025 to further demonstrate Dubai’s standing as a global leader in artificial intelligence and emerging technologies.Held under the directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, UAE, the event will take place on 23 and 24 April 2025 at Madinat Jumeirah, Dubai. The Festival is organised by Dubai AI Campus, in partnership with DIFC, Minister of State for Artificial Intelligence, and Digital Economy & Remote Work Applications Office to explore AI’s transformative impact across industries.As a significant event in Dubai AI Week, which was launched under the vision of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Festival will bring together global AI leaders, innovators, and policymakers to explore advancements, investment opportunities, and regulatory frameworks shaping the future of AI.AI is set to transform the global economy, with recent reports projecting a USD 15.7trn contribution by 2030, including USD 320bn in the Middle East. By 2033, the UAE's AI market is projected to reach USD 46.33bn, while the machine learning market is expected to grow to USD 2.41bn. Experts predict over 80 per cent of enterprises will integrate AI-driven decision-making by 2026. Moreover, Dubai AI Campus is projected to grow beyond 100,000 square feet, host over 500 companies, create more than 3,000 jobs, and attract USD300 million in investments by 2028.This year, key themes of the Dubai AI Festival include responsible AI deployment, transparency, and the future of work. Attendees will gain insights into AI’s impact while tackling the ethical challenges of its rapid integration.His Excellency Arif Amiri, Chief Executive Officer of DIFC Authority, said: “DIFC is delighted to be presenting one of the most significant events as part of Dubai AI Week and reflects our commitment to cement the city’s position as a global leader for technology, as well as enable future focused industries to harness the transformative power of AI. As adoption accelerates, the Dubai AI Festival will serve as the key platform for accelerating responsible and effective AI implementation across business, government, and society.”Aligned with Dubai’s vision for innovation and economic growth, Dubai AI Festival will bring together 8,000+ industry leaders, policymakers, and innovators from 100+ countries to drive collaboration and investment in AI and emerging technologies.The event will also include a dynamic exhibition, featuring cutting-edge AI innovations, alongside a start-up showcase where emerging companies will pitch their solutions to investors. The FutureTech World Cup, will showcase top AI start-ups, connecting innovators with investors seeking the next big breakthrough. Additionally, the Global FutureTech Innovation Programme will discover the brightest young minds from around the world harnessing AI to tackle real-world challenges. This combination of exhibitions, discussions, and competitions will drive collaboration and investment in the next wave of AI innovation.Registrations for Dubai AI Festival are now open. For more details, visit: https://dubaiaifestival.com/. Key speakersH.E. Essa Kazim, Governor, DIFCH.E. Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy & Remote Work Applications, Director General of the Prime Minister's Office, United Arab Emirates.Werner Vogels, Global VP & CTO, Amazon.Parminder Bhatia, Chief AI Officer, GE HealthCare.Bhavish Aggarwal, Founder & CEO, Ola.Ronnie Sheth, CEO, SENEN GROUP.Scott Harden, Global Chief Technology Officer, Global Innovation, Schneider Electric Innovation.Thomas Pramotedham, CEO, Presight AI.Hasan Fardan Al Fardan, Chief Executive Officer, Al Fardan Exchange.Dr. Anirudh Devgan, President and Chief Executive Officer, Cadence Design Systems.Dr. Amr Awadallah, Chief Executive Officer, Vectara.Nigel Toon, CEO, Chairman and Co-Founder, Graphcore.H.E. Salem Humaid Al Marri, Director General, Mohammed Bin Rashid Space Centre, Dubai, UAE.Daniel Hulme, Chief AI Officer, WPP.Dubai AI Festival ThemesAI for All: Everyday, EverywhereGlobal AI GovernanceImmersive ExperienceInnovation & EthicsFuture of WorkAI CornerstoneAI LiteracyInfrastructure & InvestmentSponsors and partners:Dubai Future Foundation and DAMAC as Co-HostsAl Fardan Exchange as Founding PartnerPresight as the Industry LeaderSENEN as ‘Powered by’ SponsorWillbanah as Diamond SponsorThe Sino-International Entrepreneurs Federation (SIEF) - Strategic China Partner  AtkinsRealis as Silver Sponsor.Decoding Data Science as Association PartnerAMCHAM Dubai as Association PartnerAbout Dubai AI WeekDubai AI Week, an initiative organised by the Dubai Centre for Artificial Intelligence, and overseen by the Dubai Future Foundation, connects AI research with real-world applications – bringing together experts, entrepreneurs, investors, and the public and private sectors to explore AI’s vast opportunitiesAbout Dubai AI FestivalDubai AI Festival, part of Dubai AI Week, is held under the directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, UAE. Organised by Dubai AI Campus, in strategic partnership with DIFC and the Minister of State for Artificial Intelligence, Digital Economy & Remote Work Applications Office, the Festival is a leading event reinforcing Dubai’s position as a global hub for artificial intelligence innovation.This influential platform brings together industry leaders, experts, and visionaries to explore the transformative potential of AI across sectors such as finance, healthcare, and sustainability. Attendees will engage with pioneering AI applications and cutting-edge advancements shaping the future of business and technology.About Dubai International Financial CentreDubai International Financial Centre (DIFC) is one of the world’s most advanced financial centres, and the leading financial hub for the Middle East, Africa, and South Asia (MEASA), which comprises 77 countries with an approximate population of 3.7bn and an estimated GDP of USD 10.5trn.With a 20-year track record of facilitating trade and investment flows across the MEASA region, the Centre connects these fast-growing markets with the economies of Asia, Europe, and the Americas through Dubai. DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region’s largest financial ecosystem of 46,000 professionals working across over 6,900 active registered companies – making up the largest and most diverse pool of industry talent in the region. The Centre’s vision is to drive the future of finance through cutting-edge technology, innovation, and partnerships. Today, it is the global future of finance and innovation hub offering one of the region’s most comprehensive FinTech and venture capital environments, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programmes, and funding for growth-stage start-ups.  Comprising a variety of world-renowned retail and dining venues, a dynamic art and culture scene, residential apartments, hotels, and public spaces, DIFC continues to be one of Dubai’s most sought-after business and lifestyle destinations. For further information, please visit our website: difc.ae, or follow us on LinkedIn and X @DIFC.For media enquiries, please contact: Nivine William | Nisha CelinaBurson | bursonglobal.comnivine.william@bursonglobal.com | nisha.celina@bursonglobal.comRasha Mezher | Dubai International Financial Centre Authority  Manager, Marketing & Corporate Communicationsrasha.mezher@difc.aec Shadi Dawi Sr. Director – PR, Comms., & Mediashadi@tresconglobal.com   Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Mar 31, 2025 - Huatai Securities Co., Ltd. (the "Company"; stock codes: 601688.SH, 6886.HK, HTSC.L), a leading technology-driven comprehensive securities company in China, released its consolidated financial results for the year ended December 31, 2024, reporting record revenue and profit, alongside substantial progress in its internationalization strategy.Annual Highlights:- In 2024, the Company continued to execute on strategic priorities, contributing to net revenues of RMB 54.29 billion, net earnings of RMB 15.35 billion, and diluted EPS of RMB 1.62, achieving the highest results for each.- The Company announced a final payout of RMB 5.2 per 10 shares (including tax), reinforcing its commitment to shareholder value.- The investment banking business led the Mainland market, ranking first in STAR Market and ChiNext IPOs, and first in M&A activities.- The Company expanded its presence in Singapore, Japan, Vietnam, leveraging operations across Mainland China, Hong Kong, the US, the UK, and Singapore.- The Company drove growth across its comprehensive financial services, including investment banking, wealth management, and institutional services, through technology-driven initiatives.The Company made significant progress in the following areas: Investment Banking ExcellenceThe preeminent global investment banking business leveraged industry insights and deep expertise to help clients seize new opportunities, unlocking growth and driving transformation. Ranked first in IPO underwriting on the STAR Market and ChiNext, Huatai Securities achieved a total IPO underwriting volume of RMB 8.5 billion, ranking second in the A-share market. The Company maintained a leading position in M&A advisory, particularly in restructuring project reviews. Additionally, it secured second place in equity underwriting with RMB 54.9 billion and achieved third place in bond underwriting, with a total volume of RMB 1,296 billion. In 2024, the Company ranked third in the total number of Hong Kong IPOs across the market and third among Chinese securities firms in terms of funds raised.Huatai Securities solidified its leading position in China's capital markets by supporting innovation-driven enterprises. Since 2012, the Company has been a critical catalyst for technological innovation, backing over 270 technology companies with a collectively market capitalization of RMB 9.47 trillion. In 2024, this commitment continued with support for over 10 "Little Giants" and specialized medium-sized enterprises endorsed by China's Ministry of Industry and Information Technology.Global Reach AcceleratesHuatai Securities expanded its international footprint in 2024, demonstrating resilience in navigating volatile overseas markets. Huatai Financial Holdings (Hong Kong) became a lead underwriter in Tokyo's PRO-BOND market, while Huatai Securities (USA) gained Nasdaq underwriting membership. Additionally, a subsidiary of Huatai International, operating as a Chinese securities firm, successfully obtained a securities trading license in Vietnam.The Company's Global Trading Platform (GTP) now connects Hong Kong, the U.S., the U.K., and Singapore 24/7, enhancing cross-border capabilities. Research output surged, with 587 overseas reports (up 96% year-on-year) covering U.S., European, Japanese, and Southeast Asian markets, and stock coverage increased by 65%.Advancing Through TechnologyTo meet the evolving demands of institutional clients, Huatai Securities continued upgrading core trading infrastructure such as FICC HEAD platform and CAMS (Credit Analysis Management System). The tech-powered transformation enabled the Company to lead in market-making in the STAR Market with 126 stocks and fund liquidity services with 589 funds, while dual-counter RMB-HKD trading achieved full coverage and increased market share. The Company was awarded "2024 Top Market Maker – RMB Counter" by HKEX.On the retail front, "ZhangLe Fortune Path" app, the Company's mobile wealth management platform, is deepening AI integration to enhance client services, delivering sophisticated ETF tools for product selection and trading strategies, thereby boosting client and asset growth. Huatai Securities' fund distribution ranked second among securities firms, with AUM of equity fund reaching RMB 120.2 billion. The Huatai-PineBridge CSI 300 ETF approached RMB 360 billion, leading non-money-market ETFs in Shanghai and Shenzhen.Sustainability and GovernanceHuatai Securities' MSCI ESG rating rose to AAA in 2024, the highest among global investment banks, up from AA, marking two years of steady progress. Through its Huatai Foundation, rated 5A in Jiangsu's social organization assessment, the Company advanced rural revitalization, education, and eco-initiatives such as "One Yangtze River", promoting Other Effective Area-Based Conservation Measures (OECM) in China, which were presented at COP16.Looking AheadHuatai Securities will continue its strategic focus on leveraging technology to enhance its wealth management and institutional services. By integrating resources across the business chain, the Company will further deepen its internationalization strategy, aiming to become one of the leading global investment banks providing top-tier professional financial services.About Huatai SecuritiesIncorporated in April 1991, Huatai Securities is a leading technology-driven securities group in China, with a highly collaborative business model, a cutting-edge digital platform and an extensive and engaging customer base. It provides comprehensive financial services to individual and institutional clients, including wealth management, investment banking, sales and trading, investment management, among others, with a substantial international presence.For enquiries, please contact:CDRBenny Liu                         Linda PuiTel: +86 10 6567 5056             Tel: +852 3103 0118Email: HTSC@cdrconsultancy.com Copyright 2025 ACN Newswire via SeaPRwire.com.

SINGAPORE, Mar 31, 2025 - (ACN Newswire via SeaPRwire.com) - Avantor Inc., a leading global provider of mission-critical products and services to customers in the life sciences and advanced technologies industries, was recognized  with two prestigious awards at the recent Asia-Pacific Biopharma Excellence Awards (ABEA) 2025. The recognition underscores Avantor’s commitment to providing high-quality biopharma manufacturing solutions, addressing logistics challenges and optimizing supply chain.Specifically, Avantor was recognized for the ABEA:Best Bioprocessing Supplier Award: Single Use SystemsBest Bioprocessing Supplier Award: ChromatographySingle-use solutions enhance flexibility and speed in biopharma manufacturing. As the only open-architecture provider, Avantor offers end-to-end design, manufacturing, and logistics support worldwide. With a diverse portfolio of chromatography resins and advanced production technologies, these solutions enable the rapid and scalable delivery of high-quality therapies.Narayana Rao Rapolu, VP & GM, BPS AMEA, Avantor said, “We are honored by these two awards recognizing Avantor and our team’s contributions to advancing biomanufacturing. As biologics grow more complex, Avantor remains dedicated to providing innovative chromatography and single-use solutions that enhance flexibility, efficiency, and cost-effectiveness globally. Additionally, by leveraging our wide range of chromatography resins, process chemicals, and reagents, our application scientists, and customer support centers are able to provide total solutions that improve process efficiency."Rajesh Bhagwat, Director, Strategy & Marketing, BPS AMEA, Avantor said, “Avantor’s expertise in delivering customized, scalable solutions drives innovation in biopharmaceutical manufacturing. Our advanced chromatography resins, including PROchievA and J.T.Baker® Bakerbond®, provide unique selectivity for next-generation therapies across the Asia-Pacific region. This award reinforces our commitment to supporting customers at every stage, from small-scale development to large-scale production.”Rajesh Bhagwat, Director, Strategy & Marketing, BPS AMEA, Avantor, receiving the Best Bioprocessing Supplier Award - Chromatography at ABEA 2025Stephanie Chan, Head of Biopharma, SEA, Avantor, receiving the Best Bioprocessing Supplier Award - Single Use Systems at ABEA 2025The Asia-Pacific Biopharma Excellence Awards (ABEA) recognizes exceptional Asian bioprocessing, biologistic, clinical trials and aseptic fill and finish experts, organizations and technologies. It celebrates outstanding achievements and innovations in the bioprocessing industry across the Asia Pacific region. The awards are judged by a panel of industry experts, and winners are selected based on their contributions to the advancement of the bioprocessing industry.About AvantorAvantor® is a leading life science tools company and global provider of mission-critical products and services to the life sciences and advanced technology industries. We work side-by-side with customers at every step of the scientific journey to enable breakthroughs in medicine, healthcare, and technology. Our portfolio is used in virtually every stage of the most important research, development and production activities at more than 300,000 customer locations in 180 countries. For more information, visit avantorsciences.com and find us on LinkedIn, X (Twitter) and Facebook.Regional Media Contact:Swati ChhabraManager - Corporate Communications, AMEAAvantor91-9958-404-334swati.chhabra@avantorsciences.comGlobal Media Contact:Eric Van ZantenHead - External CommunicationsAvantor1-610-529-6219eric.vanzanten@avantorsciences.com Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Mar 28, 2025 - (ACN Newswire via SeaPRwire.com) - Analogue Holdings Limited (“Analogue” or the “Company”, together with its subsidiaries, the “Group”) (stock code: 1977), a leading provider of electrical and mechanical (“E&M”) engineering solutions, and information and communications technology services for smart cities, today announced its annual results for the year ended 31 December 2024 (the “Year” or “FY2024”).Financial Highlights- Contracts-in-hand remained at a high level of HK$11,052.7 million- Revenue rose to HK$6,450.1 million, up 5.2% year-on-year- Adjusted profit attributable to owners of the company recorded HK$206.0 million 1 with a growth of 10.2% 2 year-on-year, excluding a one-off expense and provision- Total dividend for the year amounted to HK4.38 cents per shareChairman Dr Mak Kin Wah said, “Capturing opportunities from shifting market priorities towards intelligent and digital solutions, data centres, environmental engineering and climate solutions, hospitals, infrastructure, and housing, we maintained a high level of contracts-in-hand across the Group’s diverse scope of business, providing a strong underlying foundation for the business over the next two years and beyond; this was notwithstanding the challenges around the world and in Hong Kong during the year.ATAL Tower, our new headquarters, is a significant investment that demonstrates our confidence in the future and our commitment to Hong Kong. We will continue to leverage our expertise and strong financial position to take up additional opportunities in the Hong Kong market, and explore further business development in overseas markets. Our investment in research and development, and innovation will enhance our core strengths and competitiveness. We will tirelessly live up to our motto of ‘We Commit. We Perform. We Deliver.’, ultimately driving our sustainable growth, optimising value for shareholders and other stakeholders, and contributing to the wider community.”Business Review: Building Services- This segment is the largest revenue contributor, with revenue up 5.3% to HK$3,933 million.- The recurring maintenance revenue increased by 40.2% to HK$422 million.- Leadership in the innovative construction technology of Multi-trade Integrated Mechanical, Electrical and Plumbing (“MiMEP”) received a major boost during the year, not only with the award of significant contract for a Grade A office building in Causeway Bay with the highest level of MiMEP application at 85% for a commercial building, but also with the development of our own systematic MiMEP methodologies and solutions.- The “MiMEP Design and Manufacturing Centre” and “MiMEP High Productivity Research Centre” in Zhuhai, as well as other MiMEP manufacturing facilities in Hong Kong, were established to integrate our capabilities in the Greater Bay Area with cutting-edge technology from Hong Kong.Environmental Engineering- The order intake significantly increased by 107.4% to HK$1,514 million, with contracts won for environmental infrastructure needed to enhance climate resilience, environmental protection, sustainability of water supply and waste treatment, and support for public housing and utilities.- The segment actively extended its expert services around the world, including Teresa in the Philippines, Dubai and other parts of the world.Information, Communications and Building Technologies (“ICBT”)- The order intake increased 22.5% to HK$757 million, with contracts-in-hand up 13.8% to HK$959 million.- The segment actively collaborated with leading manufacturers worldwide and in Mainland China to expand its technology reach and deliver cutting-edge solutions in diverse sectors.Lifts and Escalators- There was a significant growth in order intake and revenue, up 48.5% to HK$548 million and up 39.9% to HK$529 million respectively.- The two recently acquired lift companies in the United Kingdom (“UK”) contributed to revenue growth and made progress in the UK business.- The associate in the United States turned from a loss to a profit in FY2024 and made progress in expanding its business into additional cities in the South.For further details of the 2024 Annual Results, please refer to the announcement filed with The Stock Exchange of Hong Kong Limited.Remark:1. Profit attributable to the owners of the Company was HK$135.3 million, including a one-off expense of approximately HK$23.1 million before tax for relocation to the new consolidated headquarters to realise enhanced efficiency and synergy across business units, and a provision for expected credit loss of HK$88.0 million before tax to reflect risks with the recoverability of certain receivables and contract assets held by the Group in relation to certain construction companies.2. When compared with the adjusted profit attributable to owners of the company of HK$186.9 million in FY2023, which excludes a one-off dilution gain before tax upon completion of a private placement by an associate in Mainland China, a gain on disposal of interest before tax in an associate, and a provision before tax in respect of certain contracts in the healthcare sector.About Analogue Holdings LimitedEstablished in 1977, Analogue Holdings Limited is a leading provider of electrical and mechanical (“E&M”) engineering solutions and information and communications technology (“ICT”) services for smart cities, with headquarters in Hong Kong and operations in Macau, Mainland China, the United States and the United Kingdom. Serving a wide spectrum of customers from public and private sectors, the Group provides multi-disciplinary and comprehensive E&M engineering and technology services in four major segments, including Building Services, Environmental Engineering, Information, Communications and Building Technologies (“ICBT”) and Lifts & Escalators.The Group also manufactures and sells Anlev lifts and escalators internationally and has entered into an alliance with Transel Elevator & Electric Inc. (“TEI”), one of the largest independent lifts and escalators companies in New York, the United States. The Group’s associate partner, Nanjing Canatal Data-Centre Environmental Tech Co., Ltd (603912.SS), specialises in manufacturing of precision air conditioners. Copyright 2025 ACN Newswire via SeaPRwire.com.

Highlights- While revenue dipped 5.5% in the first half, it remained nearly flat year-on-year, with a notable 4.6% growth in the second half, primarily driven by a strong focus on noodle sales.- Recognition of one-off non-cash impairment-related charges of HK$135.9 million reflects the Company’s proactive approach to managing financial risks. Adjusted EBITDA grew to HK$612.5 million year-on-year.- Completed the acquisition of Gaemi Food in Korea and ABC Pastry in Australia to capitalize on reshaped global supply chains and consumption patterns.- Proposed a final dividend of 9.63 HK cents and a special dividend of 6.19 HK cents per share, totalling 15.82 HK cents per share, subject to shareholder approval.HONG KONG, Mar 26, 2025 - (ACN Newswire via SeaPRwire.com) - Nissin Foods Company Limited (“Nissin Foods” or the “Company”, together with its subsidiaries, the “Group”; Stock code: 1475) has announced its annual results today for the year ended 31 December 2024.The Group recorded revenue at HK$3,811.9 million. Although revenue fell 5.5% in the first half, it remained nearly flat year-on-year, with a 4.6% increase in the second half, largely due to strong noodle sales. Gross profit increased by 0.7% to HK$1,312.1 million, with gross profit margin increased by 0.4 percentage points to 34.4% in 2024 from 34.0% in 2023. The increase in gross profit margin was mainly attributable to the optimisation of fixed costs led by the increase in sales volume of instant noodles.Profit attributable to owners of the Company decreased by 39.1% year-on-year to HK$201.0 million, representing the net profit margin of 5.3% for the year, mainly due to the recognition of non-cash impairment-related charges of HK$135.9 million, primarily consisted (i) impairment loss on property, plant and equipment relating to eight less profitable production facilities under complementary business such as long life noodles, non-fried noodles, and frozen food in Mainland China and Hong Kong, (ii) impairment loss on property, plant and equipment and right-of-use assets of the leasehold property for warehouse use in Hong Kong, and (iii) impairment loss on goodwill and intangible assets of the distribution business in Mainland China. These one-off non-cash expenditures did not impact the Group’s cash flow, operations, or liquidity. This recognition reflected the Company’s proactive approach to managing financial risks and aligning asset values with current market conditions. The Group’s basic earnings per share for the reporting period was 19.26 HK cents. At the Adjusted EBITDA level, the Group increased by 0.8% to HK$612.5 million from HK$607.8 million in 2023, representing the Adjusted EBITDA margin of 16.1% for the year (2023: 15.9%).The Board recommends a final dividend of 9.63 HK cents per share and a special dividend of 6.19 HK cents per share, totalling 15.82 HK cents per share, representing a total dividend payout ratio of 82.1% for the year. The Group’s financial position remained healthy, with net cash of approximately HK$1,402.5 million and HK$820 million in available banking facilities as at 31 December 2024.Review & Prospects of Different Business RegionsDuring the year, revenue from the Hong Kong and other regions operations increased by 1.8% to HK$1,539.9 million, mainly due to growth in sales of instant noodles in Hong Kong and other regions operations, offsetting the drop in frozen food business. Segment results rose by 4.4% to HK$88.9 million due to the consolidation of newly acquired businesses in Korea and Australia. Meanwhile, the Mainland China operations recorded revenue of HK$2,272.0 million for the year, with segment results at HK$328.5 million, mainly attributable to the higher production cost in the second half of the year.In Hong Kong, the Group adhered to its premiumisation strategy and launched new products to drive growth. The Group continued rolling out new SKUs, such as the Demae Iccho’s Spicy Series, and various new flavours under the "Nissin Raoh", "Nissin U.F.O", "Fuku" and "Doll" brands. The Group expanded the sales channels of the “Kagome” business in different regions, along with seasonal product launches. Various new flavours in the low-fat Nissin Yogurt series were added to penetrate the market. Also, a brand-new product Nissin Chocolate Potato Chips was launched, offering a rich, crunchy and savory-sweet taste experience.For overseas markets, the Group has continued to expand its non-noodle business to diversify its portfolio. The Group completed the acquisition of Gaemi Food, a manufacturer of crispy roll snacks, being a top national brand in the domestic crispy roll market in Korea. Its business achieved a satisfactory performance and solid growth. Also, the Group completed the acquisition of ABC Pastry, a leading manufacturer of frozen dumplings which are either company-branded or third-party branded in Australia, enabling the Group to diversify its business portfolio and broaden its income sources. In addition, Nissin Vietnam business achieved an excellent performance during the year. The Company proactively explored and expanded different sales and distribution channels in the domestic market with a focus on the youth segment to bolster its growth. New bag-type noodles products such as Mi tron NISSIN Spaghetti and Mi Cay NISSIN Thai Tom Yum were rolled out.In Mainland China, premium bowl-type noodles Nissin Donbei Kitsune Handmade Style Bowl Udon (Fresh Type) and Nissin Donbei Tempura Handmade Style Bowl Udon (Fresh Type) were launched to cater to the needs of consumers for good value items. To further enhance publicity and brand awareness, the Company made different promotional efforts, including the collaboration with a Japanese anime named "Blue Lock" for a crossover involving Cup Noodles, the promotion on social networking sites such as Red Note and the participation of a food exposition in Shanghai. Also, Nissin Koikeya Potato Chips achieved a good performance during the year as the distribution channels continued to expand. Green juices series successfully attracted the attention of health-conscious customers with vending machines availability further increasing product exposure.Looking ahead, embracing change for prosperity, the Company is strategically expanding its premium product range to cater to consumer preferences while also diversifying its business portfolio and product lines to adapt to increasing health consciousness and broaden its revenue streams. Leveraging its solid foundation and strong presence in Hong Kong and Mainland China, the Company also continued its geographical expansion into Taiwan, Korea and Australia, broadening the income base and generating additional sales.Mr. Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, “In 2024, we witnessed significant changes in the global economy, geopolitics, international trade, the business environment and consumer behaviour. These changes created both opportunities and uncertainties. Under these changing dynamics, the Group managed to record notable growth in the second half of the year, primarily driven by its core noodle business. Moreover, we have remained dedicated to continuous product upgrades and cost optimisation to improve operational efficiency.”“We remain cautiously optimistic about the long-term business development in local and overseas markets. Building on our solid foundation and pursuing a well-diversified product portfolio and the premiumisation strategy, we are well-positioned for ongoing revenue and earnings growth in the coming years, as well as expanding our business with increasing brand recognition across geographical boundaries.”About Nissin Foods Company LimitedNissin Foods Company Limited ("Nissin Foods”, together with its subsidiaries, the “Group”; Stock code: 1475) is a renowned food company in Hong Kong and Mainland China, with a diversified portfolio of well-known and highly popular brands, primarily focusing on the premium instant noodle segment. The Group officially established its presence in Hong Kong in 1984 and is the largest instant noodle company in Hong Kong. The Group primarily manufactures and sells instant noodles, high-quality frozen food products, including frozen dim sum and frozen noodles, and also sells and distributes other food and beverage products, including retort pouches, snacks, mineral water, sauce and vegetable products under its two core corporate brands, namely “NISSIN” and “DOLL” together with a diversified portfolio of iconic household premium brands. The Group’s five flagship product brands, namely “Cup Noodles”, “Demae Iccho”, “Doll Instant Noodle”, “Doll Dim Sum” and “Fuku” are also among the most popular choices in their respective food product categories in Hong Kong. In the Mainland China market, the Group has introduced technology innovation through the “ECO Cup” concept and primarily focuses its sales efforts in first-and second-tier cities. In addition, Nissin Foods operates business in other regions including Vietnam, Taiwan, Korea and Australia markets.Nissin Foods is currently a constituent of five Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Composite SmallCap Index, Hang Seng Composite Industry Index - Consumer Staples, Hang Seng SCHK Consumption Index and Hang Seng SCHK Consumer Staples Index. Nissin Foods is eligible for trading under Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect.For more information, please visit www.nissingroup.com.hk. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Mar 28, 2025 - (ACN Newswire via SeaPRwire.com) - Legend Holdings Corporation (“Legend Holdings” or the “Company”; Stock Code: 3396.HK) announced the audited annual results for the year ended December 31, 2024 (the “Reporting Period”). The Company recorded revenue of RMB512,806 million, representing an 18% year-on-year increase; the net profit was RMB7,683 million; the net profit attributable to equity holders of the Company was RMB133 million. During the Reporting Period, Legend Holdings achieved a turnaround from loss to profit, primarily driven by a significant year-on-year growth in the performance of Lenovo in the diversified-industries operation segment, as well as improved investment business in the industrial incubations and investments segment thanks to the market rebound.Mr. Li Peng, Executive Director and Chief Executive Officer of Legend Holdings, stated that in 2024, despite the challenges and opportunities brought by industrial restructuring and upgrading, China has steadily advanced high-quality development. Legend Holdings remained unwavering in its commitment to advancing new quality productive forces and executing its innovation-driven development strategy as core priorities. By maintaining strategic focus, reinforcing its industrial foundation, and enhancing its ability to manage risks, the Company ensured the robust and stable operation of its overall business through continuous technological innovation and management optimization. Additionally, the company capitalized on the technological boom, with its investments in cutting-edge fields delivering sustained value, resulting in a material year-on-year recovery in performance.Legend Holdings actively transformed various factors into actual development results, further strengthening its industrial foundation. During the Reporting Period, Lenovo seized the opportunity of the rise of hybrid artificial intelligence, continuously enhancing its overall profitability. Benefiting from a new wave of PC replacements in the global market, Lenovo reinforced its market leadership in this industry, with a global market share of 24.3%. Specifically, AI PC accounted for 15% of sales in the Chinese PC market in the fourth quarter. As Lenovo further advanced its diversified and differentiated strategy, the non-PC revenue share reached a record high of 46%, reflecting continuous optimization of its business structure. Levima Advanced Materials remained committed to the innovation-driven development strategy, and continued to optimize its product mix and enhance operational management efficiency. Additionally, it strengthened its innovation ecosystem by further enhancing its R&D capabilities and technological reserves across key areas, including new energy materials, biomaterials, and electronic materials, and successfully launched new projects with strong operational efficiency.Amid intensifying global competition in science and technology, Legend Holdings remains firmly committed to China’s national goal of “self-reliance and strength in science and technology”, focusing on key areas such as AI, integrated circuits, new energy, and advanced materials. By actively supporting China’s emerging pillar industries, the Company accelerates the cultivation of specialized and innovative enterprises while reinforcing domestic and controllable supply chains in critical industrial segments. Till now, Legend Holdings Family Group has nurtured 180 national specialized and innovative “little giants”.Sci-Tech Innovation Leadership, Forward-Looking DeploymentLegend Holdings has consistently implemented the innovation-driven development strategy, achieving breakthroughs in cutting-edge and core technology localization. These efforts have contributed to fostering new quality productive forces and deepening the integration of innovation and industrial chains.Artificial intelligence is becoming the core technology leading the new round of technological revolution and industrial transformation. In the AI segment, Lenovo has established a full-stack intelligent technology framework spanning “Device-Edge-Cloud-Network-Intelligence” and the hybrid AI solutions have formed a complete innovation ecosystem from personal smart devices to enterprise-level applications. Notably, the revolutionary Lenovo AI Now personalized intelligent agent has reached an internationally leading standard. The Company has also launched the world’s first DeepSeek training and inference integrated machine, matching the performance of top-tier international computing power, and the world’s first AI PC with DeepSeek models deployed on the device. These innovations create a rich range of “one personal AI, multiple devices”approach application scenarios. Additionally, Legend Holdings has established an ecological advantage in the AI field. Surrounding the AI “device, technology, model, platform and application”, the company invested in over 270 AI-related companies, making it the investment institution with the most complete system, the largest number of companies, and the longest duration in the AI investment field. Among them, companies like Horizon Robotics  (9660.HK), Black Sesame International Holding Limited , (2533.HK), and Pony.ai (PONY.O), have successfully gone public in 2024, and many other companies are in the listing guidance phase. Meanwhile, the Company continued to invest in technological innovation, particularly in AI, with R&D expenses reaching a record high of RMB15.8 billion.During the Reporting Period, driven by the “AI+” strategy, Legend Holdings Family Group has established a leading and exemplary role in multiple vertical fields: AI+education, AI+healthcare, AI+manufacturing and so on, driving traditional enterprises enhance efficiency while accelerating industrial digitalization and intelligent transformation to inject strong momentum into the high-quality development of the real economy.Emerging and future-oriented industries, characterized by dynamic innovation, technology intensity, and vast growth potential, play a pivotal role in national economic and social development and industrial structure optimization, serving as the primary frontier for cultivating new quality productive forces. During the Reporting Period, Legend Holdings’ investment platforms further strengthened their focus on these industries, initiating more than a hundred new investment projects spanning multiple key areas such as artificial intelligence, quantum computing, biotechnology, new energy, semiconductor chips, robotics, big data and cloud computing, medical and healthcare services, and new materials. These efforts have not only assisted numerous startups in overcoming technological bottlenecks, achieving product innovation, and commercializing their products, but also facilitated technological advancements and upgrades in related industries. Notably, in the high-profile embodied AI sector, Legend Holdings has built a portfolio of nearly 40 invested companies.Commitment as Foundation, Responsibility as CoreCorporate social responsibility (CSR) constitutes an integral component of Legend Holdings’ overarching strategy, with systematic, long-term commitments focused on technological innovation and rural revitalization.Established in 2008, the CEO Training Program of Legend Star is dedicated to advancing the integration of technological and industrial innovation in China by providing free, public-benefit training for leaders in tech entrepreneurship, thereby facilitating more effective technology commercialization. Since its establishment, Legend Holdings has consistently invested tens of millions of RMB annually in the program. To date, it has admitted 1,364 outstanding entrepreneurs, including 855 high-tech enterprises spanning semiconductors, AI, biopharmaceuticals, new energy, and advanced materials. As of the end of 2024, participant companies have raised an aggregate financing amount exceeding RMB 420 billion, with an aggregate market capitalization surpassing RMB1.6 trillion, while generating over 450,000 jobs.The “Legend Enterprising Class”scholarship program, targeting underdeveloped regions to provide academic and living support for high school students from low-income families, has been running for 20 years, enabling over thousands of students to transform their lives through education. Concurrently, Legend Holdings partnered with the China Women's Development Foundation to establish the “Revolving Loans for Mothers project”, a public-benefit initiative that has provided interest-free loans and targeted poverty-alleviation funding to rural women for years. The program spans four provinces, and boosts household incomes for local farmers. The aforementioned initiatives have been consistently contributing to talent development and industrial growth in rural revitalization.Furthermore, Legend Holdings has deeply integrated ESG principles into its corporate development strategy. Lenovo has achieved MSCI AAA rating for three consecutive years, making it the only company in China’s non-green industry. It has also collaborated with China’s Ministry of Ecology and Environment to build an AI-driven application platform, contributing technological solutions to global challenges such as climate change and biodiversity conservation. Meanwhile, Levima Advanced Materials has consistently focused on developing green industries including EVA photovoltaic adhesive film materials, biodegradable materials, and lithium-ion battery separator materials, actively supporting for building a “Beautiful China.”Advance to Stabilize, Innovate with IntegrityLooking ahead, Legend Holdings will adhere to its guiding principle of “pursuing progress while ensuring stability” and “upholding fundamental principles, breaking new ground”. The company will accelerate the development of new quality productive forces, and leverage technological innovation to drive high quality development. Legend Holdings will use artificial intelligence as a strategic lever to further deepen its full-stack AI deployment, facilitate the deep integration of AI with the real economy, and cultivate strategic emerging industries and future-oriented industries. The company also aims to establish a benchmark for the green computing industrial chain, contributing to both digital economy and green transformation progress. Through increasing investment in R&D, and driving the industrialization of scientific achievements, Legend Holdings will empower critical technological breakthroughs to further strengthen industrial chain security.Mr. Ning Min, Chairman and Executive Director of Legend Holdings, stated that reflecting on Legend’s 40-year development journey, with guidance and support from various stakeholders and riding the wave of the reform and opening-up, Legenders have made unremitting efforts for China’s economic growth and high-tech industrialization while achieving notable accomplishments. Going forward, Legend Holdings will continue to steadfastly implement its innovation-driven development strategy, remain committed to its original aspiration of revitalizing the country through its industries, carry forward the entrepreneurial spirit and passion, vigorously promote the development of new quality productive forces, conscientiously practice the people-centered development philosophy, actively fulfill social responsibilities, and, through its own growth, make greater contributions to Chinese modernization. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Mar 28, 2025 - (ACN Newswire via SeaPRwire.com) - Weilong Delicious Global Holdings Ltd (“WL Delicious” or the “Company”) and together with its subsidiaries (the “Group”) (Hong Kong stock code: 9985.HK) announced its audited annual results for the year ended 31 December 2024 (“Reporting Period”).In 2024, facing a complex and challenging domestic and international environment, China’s consumer market continued to experience rapid and dynamic changes. WL Delicious gained deep consumer insights, focused on the multi-category product strategy, and continued to advance its omni-channel strategy and brand development. It remained committed to turning authentic Chinese gourmet into casual snack foods that consumers can enjoy anytime, anywhere, catering to the diverse and personalized needs of both the market and consumers.During the Reporting Period, WL Delicious maintained a strong growth momentum in overall business operations and financial performance. The Group recorded a total revenue of RMB6,266.3 million, representing an increase of 28.6% year-on-year (“YoY”) , primarily driven by the Group’s effective implementation of various business development strategies throughout the Reporting Period, particularly the proactive advancement of omni-channel development and brand building. Both online and offline revenues demonstrated steady growth. Due to an increase in capacity utilization rate in the Reporting Period, the Group’s gross profit increased by 29.9% YoY to RMB3,016.1 million, and the gross profit margin increased 0.4 percentage points from 47.7% from the same period last year to 48.1%. The Group’s net profit significantly increased by 21.3% YoY to RMB1,068.1 million in the Reporting Period due to the increase of the Group’s revenue.Based on the Group’s overall performance during the Reporting Period, the Board proposed to declare a final dividend of RMB0.11 per ordinary share (inclusive of tax). The proposed final dividend and interim dividend representing approximately 59% of the net profit of the Group for the Reporting Period. Besides, the Board proposed to declare a special dividend of RMB0.18 per share (inclusive of tax), representing approximately 40% of the net profit of the Group for the Reporting Period. Combining the interim dividend, final dividend, and special dividend, the Group proposed a high full-year dividend payout ratio of approximately 99%.In terms of products, the Group adhered to the multi-category product strategy, gained deep consumer insights, identified market demands, and continuously enhanced product quality and innovation capabilities. Focusing on continuous upgrades and innovations in flavor, product technology, and packaging across the multi-category product series, including “Mala Mala”, “Konjac Shuang”, “XIAO MO NV” and “Fengchi Kelp”, the Group further enriched its product portfolio to meet consumers' diverse and personalized needs, strengthening its leading position in the spicy snack food market.In terms of distribution channels, the Group capitalized on the trend of channel diversification and continued to advance the implementation of its omni-channel strategy, strengthening connections with consumers. The Group also focused on enhancing the professional capabilities of its sales team, empowering distributors, and improving the execution efficiency of points of sale. By optimizing store management and execution strategies, the Group effectively boosted sales performance in offline channels. At the same time, the Group actively expanded its presence on major e-commerce platforms (such as Tmall, JD.com, and Pinduoduo) and emerging content e-commerce platforms (such as Douyin, Kuaishou, and Xiaohongshu). The Group also enhanced brand interaction and amplified market influence through short videos, live streaming and other formats favored by young consumers.  In terms of brand management, the Group continued to deepen its brand development efforts by strengthening consumer engagement through an integrated online and offline marketing strategy, driving brand rejuvenation and expanding market penetration. During the Reporting Period, the Group focused on its large single product “Konjac Shuang”, and leveraged the “XIAO MO NV” IP as a key driver for brand communication. The Group launched diverse promotional campaigns, including a crossover collaboration with the mobile game “Eggy Party” for the “Kiss Burn” product and a themed pop-up event for “Durian-flavored Latiao”. These initiatives further integrated the brand into next-generation consumption scenarios, enhancing brand buzz and overall vitality.Mr. Liu Weiping, Chairman of WL Delicious, stated: “2024 marked a year of progress, strategic execution, and growth for WL Delicious. Amid the rapidly evolving consumer market, the Group remained committed to placing consumer experience at the core of its strategy while continuously expanding its market presence.In the coming year, the Group will continue to closely monitor industry and consumer trends, boost product upgrades and innovation, further strengthen its youth-oriented branding strategy and its omni-channel expansion strategy. Additionally, the Group will enhance its supply chain, digital capabilities, and organizational development, continuously improving operational efficiency to create greater value for shareholders and customers.”About Weilong Delicious Global Holdings LtdWEILONG Delicious Global Holdings Limited ("WL Delicious") is an all-in-one spicy snack products enterprise, leading in the research and development, production, and sales of spicy snack foods in China. Based on traditional formulas, WL Delicious started the Chinese seasoned flour products (also commonly known as Latiao) industry, created our first Latiao snack in 2001, leading the standards construction of Latiao industry. With our outstanding product development capabilities, the Group has successfully diversified into vegetable products, bean-based products and others, including Konjac Shuang , Fengchi Kelp , 78° Braised Egg  and others. The Group has further launched new products like spicy Latiao, konjac vegetarian tripe “XIAO MO NVmers. WL Delicious is a popular snack food brand among young consumers in China. It has an omni-channel sales and distribution network that effectively reaches young consumers. In 2024, we have won the FBIF WOW Food Award "Best Snack Award" and "Hurun Top 100 National Brands" award . For more information, please visit https://www.weilongshipin.com/.      Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Mar 28, 2025 - (ACN Newswire via SeaPRwire.com) - In 2024, adhering to its vision of “promoting resource-circular and sustainable development to build an efficient energy system”, Tianneng strengthened its strategic confidence with pragmatic determination. It accumulated strength through adversity and pursued breakthroughs through reform and innovation. Amidst transformative tides and complex external challenges, the Company remained committed to high-quality long-term development, continued to create value for society, and demonstrated robust growth momentum. During the track period, the Company achieved a total revenue of approximately RMB76,669 million, with its manufacturing segment generating a revenue of approximately RMB43,559 million. Profit attributable to owners of the Company reached approximately RMB1,142 million, with basic earnings per share of approximately RMB1.01.Facing environmental fluctuations and market challenges, Tianneng steadfastly advanced the upgrading of its core businesses, consolidating its leading position in the sector of motive lead-acid batteries sector. The Company explored diversified application scenarios to accelerate the implementation of energy storage projects, while optimizing its battery recycling and reuse system to foster the healthy development of a circular economy. It strategically invested in cutting-edge technologies such as solid-state batteries to prepare for future technological iterations in power and energy storage markets. Simultaneously, Tianneng continued to expand its global sales network, prioritizing customer needs to enhance service system development in key markets. Leveraging strategic hubs across global markets and supported by its globalized operational framework and collaborative ecosystem, Tianneng has been comprehensively strengthening cross-border cooperation foundations and pioneering new avenues for sustainable development.Synergistic Advancement of Core Businesses Driven by Policy Tailwinds and Steady DevelopmentUnder the global energy transition and market transformation, Tianneng has actively implemented its initiatives of “business, technology, capital”. While continuing to deepen its presence in traditional competitive sectors, the Group has been accelerating its strategic layout in new energy and green development to drive robust growth across all business segments. In 2024, the Group further leveraged its whole-life industrial ecosystem for lead-acid batteries, solidifying its leadership in markets such as light electric vehicles, backup power supplies for communication base stations, energy storage systems, and automotive start-stop batteries. Concurrently, it expanded the application of lithium batteries in commercial and industrial energy storage and electric special industrial vehicles. By integrating diversified technologies, Tianneng accelerated cross-system collaborative innovation while established a closed-loop battery recycling industry and rapidly expanded into overseas markets to build a low-carbon circular development business framework.Lead-acid batteries maintain competitive advantages in cost-effectiveness and stable performance. As the mainstream power source for light electric vehicles, their demand has grown steadily alongside China’s expanding light electric vehicle market, and is now stabilizing. Policy support continues to create favorable conditions. On August 24, 2024, Ministry of Commerce of China and four other authorities issued the “Implementation Plan for Promoting the Replacement of Old Electric Bicycles with New Ones”, offering subsidies for trade-ins and proposing enhanced subsidies for consumers who exchange older lithium-ion battery-powered electric bicycles for new lead-acid battery models. In January 2025, Ministry of Industry and Information Technology of China and four other departments released the revised “Technical Safety Standards for Electric Bicycles ”, raising the maximum weight limit for lead-acid battery models from 55 kg to 63 kg. These policy incentives and industry standards have established a more favorable development environment for lead-acid batteries, reinforcing their role in sustainable energy solutions.As the Company’s largest core business segment, high-end eco-friendly (lead-acid) batteries generated an annual revenue of approximately RMB39,854 million. Among these, motive lead-acid batteries, as one of the Group’s most crucial core products, contributed a revenue of approximately RMB37,181 million. In 2024, the Company proactively responded to evolving market demands by completing comprehensive upgrades to multiple champion-level lead-acid battery products and launching a series of new motive lead-acid battery products. Through deep integration across R&D, production, and recycling processes, we have ensured continuous quality improvement and enhanced market competitiveness. As an industry leader in lead-acid batteries, Tianneng has pioneered whole-life key technologies for lead-acid batteries and established the industry's first smart factory covering the entire industrial chain, demonstrating its commitment to being both a pioneer and practitioner in developing ecological models for the lead-acid battery industry.Meanwhile, Tianneng has been actively expanding diversified markets for battery products across different technological routes. The Company continued to extend the application of lead-carbon battery technology, while optimizing key lithium-ion battery technologies. Through technological innovation, product diversification and integrated scenario-based solutions, it has concurrently developed battery applications in fields such as backup power for communication base stations, special industrial vehicles and energy storage. In addition, the Company accelerated R&D and production of hydrogen fuel cells, sodium-ion batteries and solid-state batteries, achieving significant breakthroughs across multiple domains. In 2024, Tianneng successfully designed and developed two solid-state battery cell products, launching solid-state battery solutions tailored for high-performance electric motorcycles. Through customized solutions and collaborative development models, the Company actively advanced the commercialization of solid-state batteries in emerging fields like drones and robotics, achieving breakthrough orders.As a pioneering enterprise in the circular economy sector, Tianneng is committed to ensuring environmentally-friendly treatment of used batteries through standardized recycling processes and reinforced environmental standards. In 2024, the Company’s recycling industry generated a revenue of approximately RMB2,721 million. Tianneng has significantly expanded its battery recycling capacity, with lead-acid battery disposal capacity increasing to approximately 1.2 million tonnes per year and lithium-ion battery disposal capacity exceeding 70,000 tonnes per year. The Company has further upgraded its battery recycling technologies, which have been widely implemented in new production lines, establishing a robust foundation for sustainable development of both lead-acid and lithium battery industries. Emphasizing its social responsibility in battery recycling, Tianneng will, supported by favorable policies and technological advancements, continue to strengthen its influence in sustainable development and environmental protection.Continuous Innovation Driving Advancement of Industrial Closed-Loop SystemsLooking ahead, Tianneng will continue to uphold the principles of innovation-driven development and sustainability, striving to become a globally leading green energy enterprise. We will concentrate efforts on advancing technological innovation and industrial upgrading, actively explore emerging technology applications, accelerate the construction of a smart energy ecosystem, and refine the whole-life closed-loop industrial system for “lead and lithium” energy solutions, contributing to the global achievement of “dual carbon” goals. In response to new challenges and opportunities, Tianneng will steadfastly advance into a new phase of globalization and high-quality development. By focusing on technological innovation and industrial transformation, we aim to deeply unlock the potential of core businesses, while actively expanding into new scenarios and markets. Committed to robust business growth and strategic implementation, we will work to create sustainable long-term value and ensure steady growth in shareholder returns.About Tianneng Power International LimitedTianneng Power International Limited and its subsidiaries (collectively referred to as “Tianneng” or the “Company”) were founded in 1986. It is a leading enterprise in the new energy battery industry in the People's Republic of China and also a leading enterprise in China's light electric vehicle battery industry. Tianneng was listed on the Main Board of the Stock Exchange of Hong Kong Limited (Stock Code: 00819. HK) in 2007. With nearly 40 years of development, the Company currently focuses on lead-acid batteries as its core business, specifically catering to motive batteries for light electric vehicle market and expanding its application in different fields such as starter and start-stop systems for automobiles and uninterruptible power supply for communication bases. The Company is also committed to conducting research and development, production and sales of lithium-ion batteries, hydrogen fuel cells, sodium-ion batteries and solid-state batteries to encompass the application fields of special industrial vehicles and energy storage systems through a diverse range of battery technology products. Meanwhile, the Company reinforces the circular economy by focusing on its core business. By implementing a dual-track system for lead recycling and lithium recycling, it ensures the efficient reuse of resources, thereby establishing a new energy industry ecological matrix. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Mar 28, 2025 - (ACN Newswire via SeaPRwire.com) - China International Marine Containers (Group) Co., Ltd. (“CIMC Group” or the “Group”, stock code: 000039.SZ/02039.HK) is pleased to announce the audited annual results for the 12 months ended 31 December, 2024 (the “Reporting Period” or the “Year”).Financial HighlightsPerformance Highlights01. Profits of offshore engineering-related industries improved by nearly 900 million: The manufacturing division achieved its first-ever profit turnaround. CIMC Raffles' revenue in 2024 increased by 58% year-on-year to RMB 16.556 billion, with a net profit of approximately RMB 224 million, and the gross profit margin increased by 7.8 percentage points to 12.8% in the second half of the year. During the Reporting Period, new effective orders for the offshore engineering division increased by 93.5% year-on-year to US$3.25 billion, a record high. Net profit of the financial and asset management division improved significantly by approximately RMB 640 million; the rental rate of drilling platform jack-up platforms was up by 100%, and the rental rate of Deepsea Yantai semi-submersible drilling platforms by more than 20%.02. Container manufacturing business achieves record-high performance: In 2024, dry cargo container sales experienced a year-on-year growth of 417.03%. The container manufacturing segment recorded a net profit of RMB 4.088 billion, up 128% year-on-year, with the gross profit margin increasing quarter by quarter.03. Steady performance in core segments of road transportation vehicles and energy, chemical & liquid food equipment business: In 2024, CIMC Vehicles saw a 12.02% year-on-year increase in semi-trailer sales in China, maintaining its no.1 market share in the country for the sixth consecutive year, with revenue growing against market trends. CIMC Enric recorded over RMB 10 billion in new orders for its marine clean energy-related business, setting a new record.04. The structure of interest-bearing debt continued to be optimized: The interest-bearing debt ratio dropped to 22.4%, and, by the end of the year, 1.89 billion floating interest-bearing US dollar bonds had been replaced, optimizing financing costs.The Group’s management said, "In 2024, despite the global operating environment remaining complex and competitive, the Group continued to act pragmatically to deepen its core businesses, optimize order quality, and advance its various business segments in a coordinated manner, solidifying its strong manufacturing advantages and charting a new blueprint for high-quality development in the services sector. Leveraging its continuously strengthened global operational platform, the Group captured customer demand across regions, mitigated risks from single-market fluctuations, and achieved steady, quality growth.In 2024, adhering to the principles of seeking progress while maintaining stability and upholding integrity while innovating, the Group capitalized on its global presence to navigate headwinds and achieve consecutive quarterly performance improvements. For the full year, the Group achieved record-high revenue of RMB 177.664 billion, a 39.01% year-on-year increase. Net profit attributable to shareholders surged 605.60% year-on-year to RMB 2.972 billion. Overseas and domestic revenue accounted for approximately 54% and 46%, respectively, capturing comprehensive growth opportunities across regional markets."Segments Results (RMB million)2024 Business indicatorsRevenueAs % of the total revenueGross profitAs % of the gross profitGross profit marginNet profitContainer manufacturing62,20535.0%9,69943.6%15.6%4,088Logistics services31,38917.7%1,9398.7%6.2%437Road transportation vehicles20,99811.8%3,42715.4%16.3%1,081Energy, chemical, and liquid food equipment25,57914.4%3,53315.9%13.8%732Offshore engineering16,5569.3%1,5086.8%9.1%224Core Business PerformanceThe container manufacturing business achieved outstanding performance once again, with the production and delivery volume of standard containers reaching a historic high. During the Reporting Period, global demand for goods trade picked up, and according to the report issued in February 2025 by CLARKSONS (a global authoritative industry analyst), global container trade volume increased by 5.9% year-on-year to 213 million TEUs in 2024; at the same time, the detour of European routes brought about by the Red Sea Incident and the port congestion caused by the strike of terminal workers resulted in lowered efficiency of container transportation, and increased container demand. Resultantly, during the Reporting Period, the production and sales volume of the Group’s container manufacturing business hit a record high. In particular, the accumulated sales volume of dry containers reached 3,433,600 TEUs (same period in 2023: 664,100 TEUs), representing a year-on-year increase of approximately 417.03%. The accumulated sales volume of reefer containers reached 138,600 TEUs (same period in 2023: 92,500 TEUs), representing a year-on-year increase of approximately 49.84%. In 2024, the container manufacturing business of the Group recorded a revenue of RMB 62.205 billion (same period in 2023: RMB 30.213 billion), representing a year-on-year increase of 105.89%, and a net profit of RMB 4.088 billion (same period in 2023: RMB1.794 billion), representing a year-on-year increase of 127.84%.In the logistics services business, during the Reporting Period, global merchandise trade showed a rebound in growth, driving strong cargo demand in the international container transportation market. Meanwhile, the substantial rebound in the freight rates of container transportation contributed to the growth in demand in the air and land transportation markets. In 2024, the Group's logistics services business continued to strengthen its direct customer acquisition capabilities. The business volume of its key core products saw growth ranging from 2% to 49%, achieving operating revenue of RMB 31.389 billion (same period in 2023: RMB 20.166 billion), representing a year-on-year increase of 55.65%, and a net profit of RMB 437 million (same period in 2023: RMB 187 million), representing a year-on-year increase of 133.27%. The yard business volume reached a new record high, with over 7.5 million TEUs of empty containers in and out of the yards for the whole year. During the Reporting Period, CIMC Wetrans ranked third among Chinese enterprises on the list of the 2024 Top 50 Ocean Freight Forwarders issued by Transport Topic, an authoritative magazine in the global logistics industry.In the road transport vehicle business, CIMC Vehicles deepened its implementation of the "Star-Chained Plan", achieving new-quality leadership. In 2024, despite a sluggish global commercial vehicle logistics market, the “Star-Chained Plan” enabled CIMC Vehicles to consolidate domestic semi-trailer factory resources and leverage superior product competitiveness to overcome challenges. This drove counter-cyclical growth in domestic vehicle sales and solidified its overseas market advantages. CIMC Vehicles increased its semi-trailer sales in the domestic market by 12.02% year-on-year, securing the nation’s top market share for the sixth consecutive year. Revenue grew against market headwinds, supported by strategic adjustments. The Company also aligned with new energy trends by launching its first pure electric tractors and trailers product. For 2024, CIMC Vehicles reported a revenue of RMB 20.998 billion (same period in 2023: RMB 25.087 billion), down 16.30% year-on-year, and net profit of RMB 1.081 billion (same period last year: RMB 2.448 billion), down 55.83% year-on-year. The decline primarily reflects the normalization of North American business from previously elevated levels. Additionally, in 2023, CIMC Vehicles generated a non-recurring gain of approximately RMB 848 million from the disposal of its equity in Shenzhen Special Vehicle.In the Energy FieldIn the offshore engineering business, the Group achieved its first profit turnaround. In 2024, the global shipping and offshore engineering market environment continued to improve, and international oil prices were at a relatively high level, which still had a promoting effect on the oil and gas production platforms. The continuous growth in marine operation activities drove the utilisation ratio and the rental for offshore engineering equipment to be on the rise, while the offshore engineering equipment market continued to recover. During the Reporting Period, CIMC Raffles secured new offshore engineering orders totaling US$ 3.250 billion (same period in 2023: US$ 1.680 billion), including the maintenance and reconstruction of one FLNG, two turnkey projects for FPSO hull construction, three ro-ro ships, and orders for other clean energy projects. As of the end of 2024, the accumulated value of orders on hand increased by 27% to US$ 6.920 billion (same period in 2023: US$ 5.470 billion), of which the proportion of the oil and gas business, wind power installation vessels and ro-ro ships was approximately 3:1:1. The manufacturing of these orders has been booked up to 2027. During the Reporting Period, the offshore engineering business of the Group recorded a revenue of RMB 16.556 billion (same period in 2023: RMB 10.452 billion), representing a year-on-year increase of 58.41%, and a net gain of RMB 224 million (same period in 2023: net loss of RMB 31 million).In the offshore engineering asset operation, the slow recovery of the global macro-economy and the volatility of crude oil prices continued to affect the global offshore drilling market. With intensifying market competition, both utilisation rate and rates of offshore drilling faced pressure market in the second half of the year, while oil companies re-examined new energy transformation, adjusted development strategies, slowed down the pace of transformation, and re-focused on oil and gas production. During the Reporting Period, the offshore engineering asset operation and management business of CIMC continued to leverage on its existing project experience and business capabilities, further consolidated its cooperative relationship with customers at home and abroad, and capitalised on its excellent offshore engineering platform operation and management capabilities to improve asset rental rates, successfully signing new lease contracts for 2 platforms. In 2024, the offshore engineering asset pool platform actively capitalized on asset revitalization opportunities, achieving a year-on-year increase in leasing and operational income and a notable reduction in losses.In the energy, chemical, and liquid food equipment business, the Group has overcome cyclical misalignment and fluctuations, supporting the global demand for energy transition. The revenue growth and orders for clean energy have been remarkable, and the Group has continued to enhance its overseas business presence and upstream capabilities in hydrogen energy. In particular, the global shipping industry is accelerating its green transformation, and the cumulative new orders for CIMC Enric’s marine clean energy business exceeded RMB 10 billion, reaching a new high; the sales revenue of LNG vehicle cylinders reached RMB 1.140 billion, representing a year-on-year increase of 31%, reaching a historical high. In the chemical sector, the Group has maintained the number one global market share in tank containers for several consecutive years. In the liquid food segment, the Group seized growth opportunities in the domestic spirits market, achieving a year-on-year increase in revenue. Overall, this business achieved a revenue of RMB 25.579 billion (same period in 2023: RMB 25.026 billion), representing a year-on-year increase of 2.21%, and net profits of RMB 732 million (same period in 2023: RMB 854 million), representing a year-on-year decrease of 14.31%.Future Development and ProspectsThe Group's management stated, "Looking ahead to 2025, the Group will continue to deepen the implementation of its Five-Year Strategic Plan and the strategic theme of “accelerating the construction of new growth drivers and focusing on promoting high-quality development” and coordinate the reasonable growth of “quantity” and the effective improvement of “quality”, to ‘become a high-quality and respected world-class enterprise’.In terms of driving new growth momentum, CIMC Group will seize significant opportunities in green development and new quality production, actively expanding our strategic emerging business layout in areas such as clean energy and smart logistics. Balancing globalization, we will explore development opportunities in emerging markets such as Southeast Asia and the Middle East, and focus on upgrading core products and achieving breakthroughs in key technologies, advancing toward higher-value segments of the industrial chain. For high-quality development, we will prioritize improving quality and efficiency to achieve stable and sustainable returns on resource investments. Additionally, we will strengthen technological innovation and digitalization to further enhance product competitiveness while fostering strategic partnerships and industrial collaboration to establish high-quality development relationships.The year 2025 marks a critical milestone for CIMC Group in our journey of "reaching higher." We will continue to face challenges boldly and persevere with determination, seeking breakthroughs in adversity and crafting new chapters amid challenges. We aim to reward all shareholders through our steady and solid performance!”About China International Marine Containers (Group) Co., Ltd.The CIMC Group is a world-leading equipment and solution provider in the logistics and energy industries, and its industry cluster mainly covers logistics and energy fields, strengthening its position as a global market leader. In the logistics field, the Group still adheres to taking container manufacturing business as its core business, based on which to develop road transportation vehicles business, airport facilities and logistics equipment/fire safety and rescue equipment business and to a lesser extent, logistics services business and recycled load business providing products and services in professional field of logistics; in the energy field, the Group is principally engaged in energy/chemical/liquid food equipment business and offshore engineering business; meanwhile, the Group also continuously develops emerging industries and has finance and asset management business that serves the Group itself. As a diversified multinational industrial group that shoulders the mission of global serving, CIMC owns a total of 4 listed companies and over 300 member enterprises in Asia, North America, Europe, Australia, and others, and extensive customers and sales networks covering more than 100 countries and regions. During the year, the Group recorded a revenue of RMB 177.664 billion, with gross profit margin remained remaining at 12.52% and net profit of RMB 4.195 billion. The Group was ranked 179th in the Fortune 500 China 2024. For more information, please visit http://www.cimc.com/. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Mar 25, 2025 - (ACN Newswire via SeaPRwire.com) - On March 24, 2025, Tingyi (Cayman Islands) Holding Corp. (0322.HK, the “Company”, together with its subsidiaries, the “Group”) is pleased to announce its 2024 annual results. In 2024, facing numerous challenges brought about by a complex environment, the Group adhered to long-termism, actively promoted high-quality development, continuously optimized its product structure, actively advanced innovation and upgrading, strengthened channel construction, and accurately captured consumption trends, and achieved steady growth in various financial indicators. For the twelve months ended December 31, 2024, the Group’s revenue grew 0.3% year-on-year to RMB80.651 billion. Among these, the revenue from Instant Noodles was RMB28.414 billion, while the revenue from Beverages was RMB51.621 billion. Gross profit margin improved by 2.7 percentage points year-on-year to 33.1%. EBITDA grew 17.3% year-on-year to RMB9.628 billion. The board of directors proposed to distribute a final dividend of RMB33.14 cents per common share and a special dividend of RMB33.14 cents per common share. The dividend payout ratio for the year reached 100%.Financial Summary For the twelve months ended 31 December RMB’00020242023ChangeRevenue80,650,91480,418,075↑ 0.3%Gross margin33.1%30.4%↑ 2.7 ppt.Gross profit of the Group26,695,64324,467,089↑ 9.1%EBITDA9,627,8028,206,526↑ 17.3%Profit for the period4,322,1353,516,667↑ 22.9%Profit attributable to owners of the Company3,734,4293,117,461↑ 19.8%Earnings per share (RMB cents)   Basic66.2855.33↑ 10.95centsDiluted66.2855.31↑ 10.97centsAs at 31 December 2024, cash at bank and on hand (including long-term time deposits) was RMB16,002.668 million, representing an increase of RMB1,264.287 million when compared to 31 December 2023. Gearing ratio was -19.3%.In 2024, China’s economy maintained steady growth. with GDP growing by 5.0% YoY, and the CPI increasing slightly by 0.2%. Against this macro-economic backdrop, consumer behaviour patterns changed, showing a more cautious and rational consumption tendency. Their attention to emotional value, health, green environmental protection, quality and cost effectiveness increased significantly. At the same time, shopping channels kept evolving, with offline hypermarkets declining, warehouse membership stores growing, and proximity-based small-format retail, including grocery stores and small supermarkets showing considerable market growth potential. In the face of consumption changes and channel reforms, enterprises needed to gain precise insights into consumer demands, grasp channel development trends, innovate products tailored to consumer needs, capture market opportunities, and earn consumer trust. This enabled them to achieve steady growth and high-quality development in an intensely competitive market.In 2024, the gross profit of the Instant Noodles business improved steadily. The revenue from Instant Noodles business was RMB28.414 billion, declining by 1.3% year-on-year, accounting for 35.2% of the Group’s total revenue. During the year, due to favourable selling prices and raw material prices, the gross profit margin of Instant Noodles business grew 1.6 percentage points year-on-year to 28.6%, which offset the impact of revenue decline. As a result of the year-on-year increase in gross profit margin, the profit attributable to shareholders of the Company in the Instant Noodles segment grew 1.8% year-on-year to RMB2.045 billion. During the year, in an increasingly differentiated market environment, the Instant Noodle business continued to focus on its core products, driving upgrades and iterations, optimizing marketing strategies, and gradually improving the gross profit structure. Through cooperation with reputable IP/brand ambassadors, the business launched the "brand vehicle" mobile marketing model, engaging directly with young consumer groups in high-traffic areas such as campuses. These efforts significantly enhanced brand awareness and influence. In addition, efforts were made to stay on top of transforming consumer shopping habits and seize the emerging channels opportunities. At the same time, adhering to aerospace quality as the benchmark, the Group introduced advanced aerospace food technology, becoming the first enterprise in the instant noodles industry to obtain the patent for aerospace application. This further consolidated and demonstrated the product quality advantages and technological strength, playing a leading role in driving high-quality industry development.In 2024, The overall revenue from Beverage business was RMB51.621 billion, with a year-on-year growth of 1.3%, accounting for 64.0% of the Group’s total revenue. During the year, benefiting from favourable product pricing strategies, the gross profit margin of Beverage business grew 3.2 percentage points year-on-year to 35.3%. As a result of the increase in gross profit margin, the profit attributable to the shareholders of the Company in the Beverage segment grew 52.3% year-on-year to RMB1.919 billion. During the year, the Beverage business focused on building scale advantages. It continued to consolidate its core categories while strategically expanding into new ones. By carefully introducing sugar-free products, it aimed to meet consumer demand for health and functional benefits while actively broadening its product range. Through a series of measures including optimizing category management, expanding emerging channels, improving distribution service quality, implementing precise cost control, increasing capital turnover efficiency, and enhancing supply chain effectiveness, the Group remained committed to improving operational efficiency and driving steady development and sustainable growth.Mr. Richard Chen, Chief Executive Officer, commented, “In 2025, the core driving force for China's economic growth is expected to rely on domestic demand. The Group will always adhere to the development strategy of “Consolidate, Reform and Develop”, continue to deeply cultivate its main business, deepen its sustainable development, and strive to achieve high-quality development. The Group will continue to increase investment in product innovation, brand building, and channel expansion, accurately capture market trends, establish an innovation mechanism oriented towards consumer needs, and further deepen the emotional connection between the brand and consumers. With precise market insights and well-planned channel strategies, it will continuously optimize channel efficiency and service quality. At the same time, it will actively promote lean procurement management and significantly improve intelligent management levels through the comprehensive application of digitalization and AI technologies. We will adhere to the concept of sustainable development, actively fulfil social responsibilities, strive to provide high-quality services to customers, create long-term value for consumers, achieve sustainable and substantial returns for shareholders, and build Tingyi into a National Brand that is trusted by the government, creates win-win partnerships, and is widely recognized and favoured by consumers.”About Tingyi (Cayman Islands) Holding Corp. (0322.HK)Tingyi (Cayman Islands) Holding Corp. (the “Company”), and its subsidiaries (the “Group”) specialise in the production and distribution of instant noodles and beverages in the People’s Republic of China (the “PRC”). The Group started its instant noodle business in 1992, and expanded into instant food business and beverage business in 1996. In March 2012, the Group further expanded its beverage business by forming a strategic alliance with PepsiCo for the beverage business in the PRC. The Company exclusively manufactures, bottles, packages, distributes and sells PepsiCo soft drinks in the PRC. After years of hard work and accumulation, “Master Kong” has become one of the best-known brands among consumers in the PRC.Investor Enquiries:Investor Relations Team, Tingyi (Cayman Islands) Holding Corp.E-mail: ir@tingyi.comChristensen China LimitedE-mail: stephanie.chen@christensencomms.comTel: +852 2117 0861 Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Mar 29, 2025 - (ACN Newswire via SeaPRwire.com) -  Mobvoi (02438.HK) (hereinafter referred to as “the Group”) released its 2024 annual results report. The Group's pure software product, AIGC, generated a revenue of over RMB220 million (unit: RMB, the same below), representing a year-on-year growth of 88.5% compared with 2023, and has truly achieved pure software, high gross profit and internationalization.In terms of total revenue, for the year ended December 31, 2024, the Group's revenue amounted to RMB390.3 million, representing an increase of 6% as compared to the corresponding period in 2023 (after deducting the revenue from the IP arrangement of Automobile Subsidiary A). Of which, revenue from AIGC solutions amounted to RMB221.7 million, revenue from AI solutions amounted to RMB16.4 million and revenue from smart devices and other accessories amounted to RMB152.2 million.Pure Software Product AIGC Revenue Exceeds RMB220 Million, Realizing Sustainable Growth of AIGC Business ModelAs the Group's core business, the AIGC business has maintained strong growth in recent years. This is attributable to the Group's proactive adjustment of its business and revenue strategy away from increasing traditional AI project-based revenue (such as the business of Automobile Subsidiary A) and fully engaging in the sustainable growth of pure software AIGC productization business. For the years ending December 31, 2021, 2022, 2023 and 2024, AIGC revenue amounted to RMB6.8 million, RMB39.9 million, RMB117.6 million and RMB221.7 million respectively, accounting for 1.7%, 8.0%, 23.3% and 56.8% of the Group's total revenue respectively. It is worth mentioning that the Group's AIGC business grew by 88.5% year-on-year compared to 2023, truly achieving pure software, high margins and internationalization, and the Group has become the “No. 1 AIGC Company”.The growth of the AIGC business is attributable to the Group's pioneering technologies and the increasingly rich application of AIGC products. 2024 saw the Group's continuous efforts in the areas of AI intelligences, big models and digital people, and the formation of a complete matrix of AIGC products: AI dubbing assistant “Moyin Workshop” (the overseas version of “DupDub”), AI digital human doppelganger “Weta365” (the overseas version of “LivGen”), an enterprise AI interactive digital employee generation platform “AI Ask365”, and an AI video creation platform “Yuan365”, etc.Meanwhile, with business refinement, operational capability and brand influence further enhanced. As of December 31, 2024, the Group's AIGC will have more than 10 million registered users and more than 1 million paid users, and will continue to provide services to users from China, North America, Europe, Southeast Asia and other parts of the world.Adhering to the strategy of “product and model integration”, constantly breaking through the boundary of innovation“Product and model integration” has enabled AI application companies to increase their modeling capabilities. The Group is one of those companies that have taken “product and model integration” as a strategic guideline to build data and product barriers on the basis of advanced models (such as “Sequence Monkey” and DeepSeek).On the one hand, “product and model integration” can greatly improve efficiency, self-developed models can quickly respond to their own product needs, cost savings, private customization; on the other hand, the “data flywheel” effect can be formed, through the data to promote the product and the model of the dual self-iterative.From the model level, the Group insisted on model capability iterations in 2024, leading industry breakthroughs in AI intelligences, voice, digital people, video and images.For example, the Group has continuously upgraded the technology of its voice model engine, which has now been iterated to the seventh generation (TicVoice 7.0), and after applying it to “Moyin Workshop” and “DupDub”, not only does the product have supernatural voice cloning and cross-language generation capabilities, but also can be customized to meet the needs of users with boutique-exclusive voices.In the field of digital human, the Group released WetaAvatar 4.0, AI video dubbing and WetaAvatar 4.0 Talking Photo in 2024, which further upgraded Weta365's capabilities. “The case video of Weta365's cooperation with Yiwu Small Commodities once dominated New York's Times Square. In the future, both parties will bring better technical services to over 65,000 small merchants, truly enabling business without boundaries.In the area of AI intelligent bodies, the Group has continued to make in-depth efforts in the area of AI Agent and has landed a product that integrates big model, embodied intelligence and AI Agent, “Xiaoqian Mobile Digital Man”. It has a flexible and mobile body that can realize intelligent following, self-defined route cruising and intelligent obstacle avoidance. At the same time, it is equipped with leading models such as ““Sequence Monkey”” and “DeepSeek” to realize intelligent Q&A.In the future, the Group will continue to adhere to the core strategic anchor of “product and model integration” and promote the deep integration of technology and scenarios, so as to become a global benchmark practitioner of synergistic innovation between products and models.Continuing to build overseas products and focusing on globalized ecological layoutThe Group has a strong overseas gene and has accumulated valuable global business development experience, sales team and media resources during the early years of its hardware overseas products.In 2024, on the one hand, the Group upgraded its overseas AI dubbing product “DupDub”, which was highly recognized by creators from around the world. On the other hand, the Group launched “LivGen”, a one-stop digital human generation platform, which not only brings the ultimate creative experience to creators, but also helps enterprises build “24-hour AI staff without borders” with its rich digital human images and multilingual advantages, thereby realizing cost reduction and efficiency enhancement.In addition to building global products, the Group also focuses on global ecological deployment, and has become partners with international companies such as NVIDIA, Google, Qualcomm, DingTalk, Hicloud and Tencent Cloud to help the industry's ecological development.Fully embrace the AIization of organizations and be the forerunner of the smart business eraThe Group believes that “Organizational AI” will become the core path of enterprise evolution. In this regard, the Group will continue to promote the dual leap of organizational and product AI.Relying on its own technology, the Group will allow AI to penetrate into the operation and management of the organization through data infrastructure, the establishment of Agent workflow, and organizational transformation, so as to enhance the collaboration between AI and human beings, and allow AI to promote the innovation of production relationship and exponentially increase productivity.Looking ahead, the Group will build an AGI-driven future with its “product and model integration” strategy, a healthy and sustainable business model, and an open global ecosystem that anchors long-term value. Copyright 2025 ACN Newswire via SeaPRwire.com.

Financial Highlights (Audited)(HKD Thousand)Year ended 31 December20242023ChangeRevenue271,372262,801+3%Gross Profit104,72090,666+16%Profit Attributable to Owners of the Company33,44021,338+57%Gross Profit Margin39%34%+5 p.p.Basic Earnings per Share (HK cents)2.371.62+0.75HK centsHONG KONG, Mar 29, 2025 - (ACN Newswire via SeaPRwire.com) -  Dynasty Fine Wines Group Limited (“Dynasty” or “the Group”) (Stock Code: 00828), a premier grape winemaker in China, today announced its audited annual results for the year ended 31 December 2024 (“the Year”).In 2024, due to the improvement of sales benefited from the gradual economic recovery and continuous innovation in product and consumption scenarios of the Group, the revenue of the Group increased by 3% year-on-year to HK$271 million. And due to other gains arising from emoluments of certain former directors waived of approximately HK$12.2 million, the Group’s profit attributable to owners of the Company increased by 57% year-on-year to HK$33.4 million. Earnings per share of the Company (the “Share”) was HK2.37 cents per Share. The Board recommends resumption of dividend distribution and a final dividend of HK 0.35 cents per share for the year 2024.Sales of white wine products grew well over the year and served as the Group’s primary revenue contributor. Sales of red and white wines products accounted for approximately 41% and 56% for the year (2023: red and white wines: approximately 52% and 44%). The gross margin of red wine products and white wine products in 2024 were 37% and 41% respectively (2023: 32% and 38% respectively). The overall gross profit margin increased to 39% in 2024 (2023: 34%), mainly due to control in production costs and reduction in certain reimbursement of market expenses under sales arrangement during the year.The Group completed the development of the first phase of Tianxia Winery and its ancillary premises, located in the Pigeon Hill Wine Cultural Tourism Town in Qingtongxia City, Ningxia, in the third quarter of the year. The winery is situated nearby Eastern foothill of Helan mountain, Ningxia, which is one of the key quality grape producing regions in the PRC. It integrates pressing, fermentation, processing, testing and research and development as a whole, with an annual production and processing capacity of 5,000 tonnes. Pressing, fermentation, processing facilities had a pre-run in the third quarter of the year. The winery will become a new long-term and stable economic growth point of the Group and help the regional presence and layout of Dynasty wines, as well as aligning with the overall planning and industry planning for the development of China’s wine industry.During the year, the Group approved the set up of two joint venture companies, which have been established in February 2025, for the manufacturing and sales of yellow wine and Chenpi wine in Dongtai City, Jiangsu Province, the PRC and trading of sauce-flavour baijiu products nationwide respectively. For the yellow wine project, construction of a manufacturing plant with a tank capacity of 3,000 tonnes of yellow wine and special yellow wine – Chenpi wine in Jiangsu will be kick-started by the joint venture company in the first half of 2025. The plan starts with special yellow wine – Dongtai Chenpi Wine with a goal to effectively expand product categories, seize development opportunities in the Chinese yellow wine industry, and achieve a major strategic move towards high-quality development of the wine industry. For the sauce-flavour baijiu segment, Dynasty Group’s strategic involvement in this field is an attempt to break through the current wine category innovation. By integrating upstream and downstream related parties to jointly establish a new company, we construct a business model of benefit sharing, risk sharing, continuous cooperation and innovation mechanism. Dynasty sauce-flavour baijiu products, namely ‘Han’, ‘Tang ’, ’Song ’ and ‘Ming ’ are newly launched to the market, satisfying the needs of customer groups with different spending habits and contributing to the Group’s business. In the future, the continuous development and expansion of the sauce-flavour baijiu industry and the enduring improvement of the level of customer groups will inevitably and effectively drive the increase in the sales scale of Dynasty wine and related products, thereby enhancing our industry influence and brand awareness.The Group has been actively pursuing innovation, embracing the “5+4+N” product strategy, with “N” standing for developing various customised products and continuously creating new products to meet the diverse needs of different Chinese consumer groups. During the year, the Group launched a new high-end product, i.e.Dynasty Chinese Zodiac Commemorative Dry Red Wine for the Jia Chen Year of Dragon, integrating the high quality wine with the Chinese zodiac culture and the leading rise of Chinese-style fashionable products. In addition, based on its existing high-quality products, the Group continues to introduce new products and promote product upgrades. It launched a new product, Inherit Series “Passing on the Glory, Continuing the Brilliant Heritage”, at the 110th China Food & Drinks Fair in March 2024, as well as other new products launched in the year such as Long Yun Series, Cabernet Reserve, etc., to further improve its product matrix and provide consumers with diverse consumption choices. With leading and well-proven technologies it prides, the Group carried out comprehensive upgrade of its production techniques, packaging design, etc. With China chic on the rise, the new upgraded design is set to resonate with Chinese consumers who are proud of their culture, help strengthen awareness of the Dynasty brand and attract mainstream consumers fancying China-made products and China chic.In addition to enriching the product matrix, the Group has been accelerating the innovation of consumption scenarios and enhancing and strengthening the wine cultural experience. In June and July 2024, Dynasty Starry Wine Bars were officially opened in Tianjin, the base of Dynasty. Starry Wine Bar is a pop-up offline bar meticulously designed by Dynasty to innovate the product experience, meet the diversified needs of consumers, and create new consumption scenarios in the country. It is committed to making consumers feel the warmth of the brand and recognise the value of the brand, thereby attracting more consumers through innovation. During the year, the Group continued to develop the “Dynasty Tavern” through online channels, creating a series of product promotion articles on the WeChat official account of Dynasty Wines, and promoting Dynasty’s major mainstream products using new media formats. In addition, it integrated the night market environment to expand various wine drinking scenarios and promote Dynasty’s younger products.Regarding online sales, the e-commerce team of the Group comprehensively operates online stores itself on the traditional ecommerce platforms, such as JD.com , Tmall and Pinduoduo for product sales, as well as comprehensive innovation on its brand, product categories, and business systems, procedures and models via interest-based e-commerce platforms, including Rednote , Kuai and TikTok during the year. The Group continues investing resources in a timely manner for improvement of the online sales channels and optimisation of online stores interface so as to capture the change of customer consumption behaviour in the PRC. During the year, the Group kept promoting the exclusive products series for e-commerce platforms through channels such as live streaming or broadcasting, in addition to mere presence on mainstream traditional e-commerce platforms which kept growing. Efforts have been made by the Group to consolidate the existing channels and improve their effectiveness as well as the profitability on its interest-based e-commerce coverage. Thus, the e-commerce sales consolidated with a certain decrease during the year, but a prominent improvement has been made with an overall profit achieved when compared with last year. The Group believes that the online platforms not only serve as business-to-customer trading platforms between the Group and the consumers, but also additional marketing and promotion channels for the brand, which can enhance the overall business potential of the Group.Mr. Wan Shoupeng, Chairman of Dynasty, concluded, “Looking ahead to 2025, the Group will continue to focus on market and consumer demand, reinvent consumption scenarios and promote product quality. At the same time, the Group will continue to innovate marketing strategies to stimulate brand vitality, further expand the market share of Dynasty’s products, strengthen Dynasty’s brand image as a representative of domestic wines. The Group will further strengthen presence in Ningxia and Xinjiang to secure the supply of quality grapes and grape juice. Following the completion of Tianxia Winery (Phase I) in Ningxia, related new quality wines brewed from locally sourced premier grapes and grape juice will be launched, heeding different market and consumer demands. In addition to our commitment to core wine business in the PRC, the Group will further develop new alcoholic beverages segments such as sauce-flavour baijiu, yellow wine and special yellow wine - Chenpi wine, through the newly set up joint venture companies in 2025, so as to diversify the sources of revenue. In view of the continual resumption of economic growth and consumption in the PRC, the Board currently remains cautiously optimistic on the business in 2025. The Group will continue to proactively develop new marketing prospects through innovation in products categories and consumption scenarios, and cross-industry co-operations in order to boost sales volume, which is in line with the country’s effort to promote domestic consumption and release the consumption growth potential.”About Dynasty Fine Wines Group LimitedDynasty Fine Wines Group Limited was listed on the Main Board of The Stock Exchange of Hong Kong Limited with the stock code 00828 on 26 January 2005. Founded in 1980, Dynasty is the premier grape winemaker in China. It is principally engaged in the production and sale of grape wine products under its reputable “Dynasty” brand. Dynasty is the first Sino-foreign joint venture wine company in China with Tianjin Food Group Limited and the French grape wine giant, Remy Cointreau, as its current major shareholders. The Group produces and sells more than 100 grape wine product series, and introduces imported wine products, providing high-quality and value-for-money grape wines to the full range of consumer groups in China. Copyright 2025 ACN Newswire via SeaPRwire.com.

- HuaTangNing completed its first full year for reimbursement under the National Reimbursement Drug List (NRDL), with continued expansion in hospital coverage. Compared with the 2023 year, sales volume increased by approximately 740%.- Sales revenue increased by 234% compared with the 2023 year, with cash reserves exceeding RMB 1 billion to fully support future R&D and commercialization activities.- A Phase I clinical study of our second-generation GKA, a once daily oral therapy, successfully completed in the United States. Our dorzagliatin-metformin fixed-dose combination formulation progressed smoothly and our product pipeline continued to advance and expand.- The Mendelian Randomization studies of human genetic data provided scientific evidence to support the exploration of glucokinase activation in diabetic complications and new clinical indications.- Manufacturing capacity of dorzagliatin continued to expand to meet growing market demand.- The establishment of Hua Medicine’s pharmaceutical sales and marketing team resulted in significant sales growth in the first two months of 2025, opening a new model of innovative drug commercialization.SHANGHAI, Mar 28, 2025 - (ACN Newswire via SeaPRwire.com) - Hua Medicine (“the Company”, Hong Kong Stock Exchange Stock Code: 2552) announced the audited full-year results of the Company and its subsidiaries for the year ended December 31, 2024 (the “Reporting Period”), along with the Company’s business progress in 2024 and future business outlook. Hua Medicine has made significant strides in the commercialization of its core product, the glucokinase activator (GKA) dorzagliatin (trade name: HuaTangNing,  as well as in R&D innovation and manufacturing capacity optimization, laying a solid foundation for the Company’s long-term sustainable development.Dr. Li Chen, Founder and the Chief Executive Officer of Hua Medicine, stated: “In 2024, HuaTangNing’s market performance was very encouraging. Its inclusion in the NRDL greatly enhanced the accessibility and affordability of this innovative drug, enabling more diabetes patients to benefit. In 2025, Hua Medicine established a pharmaceutical sales and marketing team, and HuaTangNing demonstrated strong growth momentum at the start of the year. With further market expansion and increasing patient awareness, we are confident in HuaTangNing’s market growth.”“Looking ahead, the Company will continue to explore HuaTangNing’s potential in personalized diabetes treatment and diabetes complications globally. By integrating big data and artificial intelligence technologies, we aim to expand our disease areas into immune homeostasis and neural homeostasis. We are confident with the close collaboration of Hua Medicine and its partners across the pharmaceutical R&D, production, and distribution chain, we can enable more patients to access and benefit from Chinese medicines, accelerating progress in realizing our vision ‘China leading pharmaceutical innovation to advance human health.’”Summary of Clinical Research and Operational Progress- Significant Revenue Growth, Strong Market Performance of HuaTangNing, and Positive Patient Feedback- 2024 marked the first full year for which our HuaTangNing was reimbursed under the National Reimbursement Drug List (“NRDL”) in China. Sales revenue increased by 234% to RMB255.9 million for the fiscal year 2024 compared with the same period in 2023.  During the fiscal year 2024, HuaTangNing was sold in approximately 2,700 hospitals across China. As of December 31, 2024, Hua Medicine maintained a strong balance sheet with a cash balance of RMB1,139.8 million to support its full-scale commercialization, business development and R&D functions.- Since the launch of HuaTangNing in the fourth quarter of 2022, our pharmacovigilance team has been diligently monitoring the safety of dorzagliatin in the China market, and was recently recognized by the National Adverse Drug Reaction Monitoring Center as a national example for the pharmaceutical industry. As of December 31, 2024, Hua Medicine had monitored approximately 150,000 patients who have been prescribed HuaTangNing, and dorzagliatin has been observed to be safe and well tolerated by patients.- Effective January 1, 2025, Hua Medicine assumed full responsibility for the commercialization of HuaTangNing in China from its former sales and marketing partner, Bayer Healthcare Company Limited (“Bayer”). We recruited Mr. Lu Yu, a seasoned pharmaceutical sales executive with over 20 years of diabetes commercialization experience in China, to lead our sales and marketing efforts.- For the two months ended February 28, 2025, Hua Medicine sold approximately 592,000 packs of HuaTangNing, representing approximately RMB73.2 million in net sales. During the same period in 2024, approximately 202,000 packs of HuaTangNing were sold, representing approximately RMB24.5 million in net sales, The difference represents a significant increase in sales over a period during which the price per pack remained the same. This demonstrates a smooth transition of HuaTangNing’s commercialization in China from Bayer to Hua Medicine, with reinvigorated growth momentum.- Upon the termination of the Exclusive Promotion Service Agreement, the unamortized contact liabilities amounting to RMB1,243,499,000 were released to profit or loss, and will be recognized as a gain in 2025 by the Group. Both parties have confirmed in a signed letter that there are no outstanding matters arising from such termination, nor does either party owe the other party any obligation or liabilities from such separation.- Steady Progress in R&D Innovation, Continuously Enriching Product Pipeline- Hua Medicine made significant headway in preparing the future expansion of our glucokinase-targeted, glucose homeostasis-centered therapy into the international markets, specifically the United States. We successfully completed and announced the results of its single-ascending dose (“SAD”) study in the United States of our second generation GKA (HM-002-1005), in which we validated the feasibility of dorzagliatin as a once daily oral therapy for Type 2 diabetes (“T2D”) patients. We are currently developing the clinical dosage form for advancement of HM-002-1005 in a clinical proof-of-mechanism study.- Hua Medicine also made significant progress in developing fixed-dose combination formulations. The Company has been advancing its dorzagliatin-metformin fixed-dose combination product candidate into commercial dosage development, with process validation expected to be completed in 2025.- Based on human genetic data collected from studies of patients administered with dorzagliatin, the Mendelian Randomization methodology has been applied to predict the beneficial effects of dorzagliatin on related and significant diabetes complications, such as reduction in heart failure, coronary artery disease, memory loss and dyslipidemia. In addition, a separate Mendelian Randomization study provided genetic evidence supporting the causal effects of glucokinase activation on lowering the risk of frailty. These findings suggest that glucokinase activators may aid in the management of frailty and sarcopaenia in people with diabetes. We will continue our research and development efforts to explore new indications.- Through our SENSITIZE 3 clinical study in Hong Kong, Hua Medicine is advancing the potential of dorzagliatin in prediabetes, early treatment and prevention of Type 2 diabetes. In contrast with the approved 75mg dosage form of HuaTangNing, the Company is testing new 25mg and 50mg dosage formulations to explore these potential new indications. The Company is also supporting an investigator-sponsored trial in testing dorzagliatin’s efficacy in treating MODY-2 patients who suffered from genetic mutations that de-activated glucokinase. Early studies in humans by renowned diabetes experts Dr. Juliana Chan and Dr. Linong Ji have indicated the benefit of dorzagliatin in MODY-2 patients by improving their β-cell functions and glycemic control.- Hua Medicine is also advancing the combination of dorzagliatin with GLP-1RA, DPP-IV inhibitors and SGLT-2 inhibitor through combined effects in collecting real-world evidence and proof-of-concept studies in animal models. The synergy between dorzagliatin with these agents has the potential to expand our indication into other diseases in metabolic disorders, such as obesity and MASH. - Hua Medicine will continue our engagement in diabetes prevention, opportunities in longevity and prevention of memory loss and eventually find a new way to increase healthy life span and longevity in humans.- Continued Expansion of Manufacturing Capacity, Plans to Launch Dorzagliatin in New Markets- Hua Medicine continues to invest in expanding its manufacturing capacity to meet anticipated market needs in 2026 and 2027.- Hua Medicine is also finalizing and preparing to submit registration applications for dorzagliatin to launch commercialization in the Macau and Hong Kong markets. We plan to submit both applications in 2025.- Hua Medicine continues to strengthen its intellectual property protection globally. As of December 31, 2024, the Company owned more than 200 granted patents covering its proprietary technology worldwide.Business outlook- There is a great opportunity for dorzagliatin and our 2nd generation GKA in China and the global oral anti-diabetes market. - We will strengthen our own commercialization efforts through hub and spoke development with focus on building up a strong internal sales and medical marketing organization to drive business growth in 2025. This will allow us to rebuild our strong connections directly to the medical community and better promote HuaTangNing in China and surrounding areas.- We continue to invest into digital technology platforms to create synergies across functions and enhance branding opportunities using AI technology.- We are working on the registration of dorzagliatin in HK and Macau region and engage partnerships in Southeastern Asia and Belt and Road nations. In addition, business development work on our 2nd generation GKA in regions with high incidences of obesity will be continued based on the initial success of the SAD study in the United States.Financial SummaryFor the year ended December 31, 2024:- Bank balances and cash position was approximately RMB1,139.8 million.- Total revenue was approximately RMB255.9 million, an increase of approximately 234% compared to the full year of 2023; approximately 2,105,000 packs of HuaTangNing were sold, an increase of approximately 740% compared to the full year of 2023.- Total other income was approximately RMB116.8 million, including approximately RMB95.7 million from the amortization of Bayer milestone income.- Total expenditures for the year was approximately RMB493.6 million, of which R&D expenses accounted for approximately RMB215.1 million.- Loss before tax was approximately RMB250.1 million, which was mainly attributable to the increase of selling expense and research and development expense.Forward-Looking StatementsThis document contains statements regarding Hua Medicine’s future expectations, plans, and prospects for the Company and its products. These forward-looking statements pertain only to events or information as of the date they are made and may change due to future developments. Unless required by law, we are not obligated to update or publicly revise any forward-looking statements or unexpected events after the date of such statements, regardless of new information, future events, or other circumstances. Please read this document carefully and understand that our actual future performance or results may differ materially from expectations due to various risks, uncertainties, or other legal requirements.About Hua MedicineHua Medicine (The “Company”) is an innovative drug development and commercialization company based in Shanghai, China, with companies in the United States and Hong Kong. Hua Medicine focuses on developing novel therapies for patients with unmet medical needs worldwide. Based on global resources, Hua Medicine teams up with global high-calibre people to develop breakthrough technologies and products, which contribute to innovation in diabetes care. Hua Medicine's cornerstone product HuaTangNing(dorzagliatin tablets), targets the glucose sensor glucokinase, restores glucose sensitivity in T2D patients, and stabilizes imbalances in blood glucose levels in patients. HuaTangNing was approved by the National Medical Products Administration (NMPA) of China on September 30th, 2022. It can be used alone or in combination with metformin for adult T2D patients. For patients with chronic kidney disease (CKD), no dose adjustment is required. It is an oral hypoglycemic drug that can be used for patients with Type 2 diabetes with renal function impairment.For more information Hua MedicineWebsite:www.huamedicine.comInvestorsEmail:ir@huamedicine.comMediaEmail:pr@huamedicine.comPress DisclaimerFor accuracy and completeness in context, information related to products marketed in China in this material, especially those identified or required, should comply with documents approved by Chinese regulatory authorities.Additionally, such information should not be interpreted as a recommendation or promotion of any drug or treatment, nor should it replace medical advice from healthcare professionals. For medical-related matters, please consult a healthcare professional. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Mar 28, 2025 - (ACN Newswire via SeaPRwire.com) - Baguio Green Group Limited ('Baguio' or the 'Group', Stock Code: 01397.HK) is pleased to announce its annual results for the year ended 31 December 2024 (the 'Year').Revenue for the Year amounted to approximately HK$2.60 billion, representing an increase of approximately 11.8% as compared to the same period last year. Profit for the Year amounted to approximately HK$56.5 million, representing an increase of approximately 17.3% as compared to the same period last year. The Board recommends the payment of a final dividend for the Year at HK$3.8 cents per share.Business Overview and ProspectsThe Group’s core business, cleaning services, recorded growth in the Year. Revenue from cleaning services increased by 14.2% to approximately HK$2,086.8 million, accounting for approximately 80.1% of the Group’s total revenue. 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. During the Year, the Group’s mechanical street sweeping services covered various districts in Hong Kong. In addition, the Group provides cleaning services for Government markets, facilities, and leisure venues across various districts in Hong Kong. The Group’s other cleaning sites cover 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 Year which increased by approximately 2.5% to approximately HK$285.8 million, accounting for approximately 11.0% of the Group’s total revenue. Gross profit of the waste management and recycling business increased significantly by approximately 58.2% to approximately HK$33.5 million, mainly due to the Government’s proactive promotion of recycling and the substantial expansion of the network of recycling spots, including those for food waste, which facilitated public participation and effectively stimulated collection. The Group continued to provide Government-related waste collection services to five districts, serving a population of approximately 1.6 million. In terms of recycling, the Group is contracted by the Environmental Protection Department (“EPD”) to provide collection services for thousands of recycling spots (including plastic, glass bottles, metals, waste paper and food waste) across Hong Kong, and is one of the market leaders. During the Year, the Group provided collection services for recycling bins in public places and schools. Baguio continued to provide plastic collection services for several districts under the EPD Plastic Recycling Pilot Scheme contract. Baguio also provides collection services for Recycling Stations of“GREEN@COMMUNITY”, introduced by the EPD, recycling convenience spots 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, and is one of the market leaders.Regarding green technology business, the Group has proactively developed its green technology business and successfully launched a one-stop smart recycling system by integrating smart digital technologies, big data analysis and Internet of Things technologies. Users can accurately understand the amount of recycling through real-time data, which helps to schedule timely transportation and reduce logistics costs and carbon emissions. During the Year, the Group won two smart contracts from the EPD (in relation to provision of smart food waste recycling machines and smart balances, respectively), demonstrating the Group’s outstanding capabilities in product innovation, research and development, and leading market position in the green technology sector as well as its alignment with Hong Kong’s goal of becoming a smart city. The Group’s existing green technology products including smart recycling machines, smart food waste recycling machines, and smart balances contributed to the Group’s revenue during the Year, and are widely used in Government organizations, public housing and private residential estates, shopping malls, universities, hospitals, large-scale exhibition centers, etc. It not only provides convenient recycling experience to the public but also improve the recycling efficiency, thus supporting the sustainable development of Hong Kong.In partnership with Jardine Engineering Corporation Limited, the Pilot Biochar Production Plant at the EcoPark in Tuen Mun was commenced trial operation during the Year. By converting yard waste into high-quality biochar with pyrolysis technology for various applications, the production plant effectively “turns waste into useful resources”.The Group provides landscaping services for a wide range of clients, including large private residences, Government premises, schools, shopping malls, hotels, airports, Hong Kong Housing Authority, Hong Kong Jockey Club, Hong Kong Science Park, the University of Hong Kong, Hong Kong University of Science and Technology and Lingnan University, etc. The newly awarded contracts won by the Group during the Year coversHong Kong-Shenzhen Innovation and Technology Park, microparks in Yau Ma Tei and Mong Kok, and the Tung Chung New Town Extension (West).For pest management business, the Group continued to provide pest management services in Wong Tai Sin and Tai Po districts during the Year. 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.As of 31 December 2024, the Group’s contracts on hand amounted to approximately HK$3.89 billion, providing considerable revenue for subsequent years.With the orderly implementation of the “market-led” approach in Producer Responsibility Scheme on Plastic Beverage Containers and Beverage Cartons, the Group considers that the measure provides economic incentives to encourage citizens to proactively participate in recycling, which is expected to stimulate the recycling rate of plastic beverage containers and cartons, promote the healthy development of the recycling industry, and help build a circular economy and green industry in Hong Kong.In addition, the Group was awarded a service contract from the Food and Environmental Hygiene Department (“FEHD”) to supply solar-powered smart collection bins after the Year. According to the Government’s information, the FEHD plans to install a variety of waste collection facilities at around 300 locations by the end of 2026, including the solar-powered compacting refuse bins with an aim to further optimize waste collection in rural areas and improve environmental hygiene. The Group’s product is designed with a focus on sustainability and smart technology, tailored to meet the needs of different scenarios in Hong Kong, with the goal of enhancing waste collection quality, supporting smart city development, and creating a livable environment.As The Stock Exchange of Hong Kong Limited requires listed companies to enhance climate-related disclosure, it is believed that to drive an increasing demand for the Group’s ESG-related business.Looking forward, the Group will consolidate the market share of its core businesses and actively engage in expansions in Hong Kong and international markets and explore mergers and acquisitions, joint ventures and new business opportunities to drive business growth and create long-term value for the shareholders.For details of the Group's 2024 annual results announcement, please visit the following website:https://www.baguio.com.hk/en/investor/notices/About Baguio Green GroupEstablished in 1980, Baguio Green Group (Stock code: 01397.HK) is one of Hong Kong’s largest integrated environmental management solution providers. It provides a full spectrum of professional services including professional cleaning, waste collection & recycling, waste management, green technology, green products, horticulture & landscaping, and pest control. The Group delivers innovative environmental solutions using the latest technologies to serve 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 for a greener tomorrow.For further information, please contact:Baguio Green Group LimitedInvestor Relations DepartmentTel: (852) 2541 3388Email: ir@baguio.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.

Industry leaders converge to explore technology-driven strategies for enhancing customer experiencesBENGALURU, INDIA, Mar 26, 2025 - (ACN Newswire via SeaPRwire.com) - In a world where customer experience (CX) is increasingly defining business success, the Bengaluru edition of Team Marksmen Network's CX Transformation Conclave 2025 scheduled for 21st March, 2025 at Taj Vivanta, Bengaluru, proved to be a beacon of insight and innovation. Bringing together an array of industry stalwarts and forward-thinking leaders, the event delved into the transformative power of technology in shaping exceptional customer journeys, offering actionable strategies to future-proof businesses.As India continues to climb the global CX maturity ranks — standing third worldwide and leading the Asia-Pacific region, according to an industry report — the conclave highlighted the immense potential that lies in crafting thoughtful, technology-enabled customer experiences.However, despite 79% of Indian firms acknowledging CX as a revenue driver, only 17% have achieved the elusive goal of providing "exceptional" customer service. The event set out to bridge this gap, serving as a platform for industry experts to exchange ideas and chart a path toward customer-centric innovation.The day featured a series of engaging keynote addresses, panel discussions, and interactive sessions that covered diverse facets of CX transformation. Attendees gained insights into the power of omnichannel strategies, where the seamless integration of digital and physical touchpoints ensures continuity and consistency in every customer interaction. The role of emerging technologies such as artificial intelligence, machine learning, and predictive analytics was also explored, with experts showcasing how these innovations can unlock personalised, real-time experiences that resonate deeply with consumers.One of the key takeaways was the importance of balancing innovation with empathy. While technology offers endless possibilities for personalisation and efficiency, the human element remains crucial. Speakers emphasised that businesses must strive to forge genuine connections with customers, understanding their needs, emotions, and expectations to deliver experiences that are not just satisfying but truly memorable.Throughout the event, the importance of measuring and optimising CX investments was underscored. Experts shared frameworks for tracking the impact of CX initiatives on key metrics such as customer lifetime value, retention rates, and revenue growth, ensuring that businesses can continually refine their approaches for maximum impact.This industry-centric platform was brought to life by its industry partners, namely Presenting Partner NICE, AI Transformation Partner Exotel, and Associate Partner Ubona Technologies.The CX Transformation Conclave also saw a select cross-section of eminent organisations lauded for their trailblazing CX efforts. This included:Ather Energy LimitedBrick and Bolt - home and commercial constructionCashfree PaymentsElectrolux India Private LimitedFirstsourceFlipkartForce PointInfosys FinacleITC InfotechITC LimitedKapiva AyurvedaLTIMindtreePrestige GroupXiaomi Technology India Private LimitedReflecting on the event's impact, Rajesh Khubchandani, Co-Founder and MD, Team Marksmen Network, said, "The insights shared at the CX Transformation Conclave reaffirmed that customer experience is more than just a business strategy — it’s the heart of every successful organisation. Technology is an incredible enabler, but true transformation lies in embracing a customer-first mindset at every level. Our goal with this event was to bring together brilliant minds to explore the future of CX and empower businesses to harness innovation in creating meaningful, lasting connections with their customers."As the curtains closed on yet another successful edition of the CX Transformation Conclave, one thing was clear: the future of customer experience lies in a harmonious blend of technology, empathy, and continuous evolution. The insights shared and connections forged at the event are sure to inspire a new wave of customer-centric innovation, positioning businesses to thrive in the ever-evolving experience economy.About Team MarksmenThrough an array of bespoke industry-centric knowledge platforms, using a variety of formats, such as Roundtables, Summits & Conferences, Workshops, and Recognition Ceremonies, Team Marksmen helps senior industry decision makers navigate through issues of critical importance and informs their world-view for better decision-making.Team Marksmen has successfully executed more than 50 events that have featured 1500+ brands, helping businesses across industries create opportunities to engage audiences through on-ground and virtual experiences.  The organisation empowers industry leaders by providing them with insights, ideas, and opportunities that fits their unique industry and context. Through content shared via its flagship website, Marksmen Daily, and print magazine ‘in Focus’ focused on business, leadership, and lifestyle, they help advance the practice of management. Meanwhile, through strategic initiatives like Marksmen Media, it helps organisations achieve their objectives through a plethora of bespoke digital and content strategies.To know more about this unique initiative, write to us at contact@teammarksmen.com. Copyright 2025 ACN Newswire via SeaPRwire.com.

DUBAI, UAE, Mar 25, 2025 - (ACN Newswire via SeaPRwire.com) - Vibe Marketing Tech Fest – the Middle East’s largest marketing technology summit, will take place on April 23 and 24, 2025, in Dubai, UAE.Digitalisation has revolutionised how customers engage with brands, transforming the traditional linear funnel into an intricate web of touchpoints. Today’s customer journey is dynamic, interconnected, and far from predictable.Marketers must now navigate a landscape where customer expectations are higher, attention spans are shorter, and engagement spans across multiple platforms and moments.The 16th global edition of  Vibe Marketing Tech Fest (VMF) will delve into these challenges, offering insights, strategies, and Martech solutions that empower modern marketers to adapt, innovate, and thrive in this new reality.The theme will focus on the convergence of marketing technologies, ad technologies, and ad journeys and explore how marketers need to adapt, be dynamic, and incorporate customer-centricity into their approach.Marketers must leverage the power of real-time data and technology to comprehend where a customer changes trajectory and what influences their decisions in doing so. “Customers are discerning and any disruption in convenience can hamper the path to conversions. Brands must adapt to fragmented and dynamic paths to purchase, driven by real-time data and emerging AI capabilities. Vibe Marketing Tech Fest puts the spotlight on the consumer, and how brands can navigate the changing technology landscape to deliver this convenience. With this edition, we have added themes like app marketing, ad tech integration, growth, digital marketing and retail media networks,” said Sanjay Swamy, Director at Martechvibe.Top conversations at VMF 2025 will cover:Engagement, Apps & SocialAI, Automation & TechMartech, Adtech & DataBrand Growth & RetentionThe conversations at VMF tackle real-world challenges affecting marketers today, with a look at preparing for possible scenarios in the near future. Rajesh Verma, General Manager, Middle East, Epsilon said, “We need forward-facing platforms like these to help dispel the myths that surround marketing and tech in the Middle East. Take retail media as an example; many believe retail media strategies rely solely on online behaviour and demographics, overlooking the power of transactional data, or that retail media only occurs on a retailer’s website. These gatherings provide an opportunity to educate marketers on the true potential of new media opportunities, and how to avoid the pitfalls. They foster important connections that place attendees in a much better position to navigate the complexities of the evolving landscape.”Richard Shotton, Founder of Astroten, a behavioural science consultancy and author of The Choice Factory and The Illusion of Choice, will deliver the keynote on how human decision-making remains remarkably constant in an evolving technology landscape in his session titled The Enduring Power of Behavioural Science. “It’s increasingly common to see brands and agencies incorporate consumer psychology as part of their process, although it’s not often systematically applied. There’s still an over-reliance on intuition, or when research happens, it’s based on claimed data. For example, creative routes are tested by asking people which ads they think would make them purchase… It’s not that respondents deliberately mislead researchers, just that nobody is aware of all the elements that influence their decisions.  When asked, people don’t — in fact, can’t — tell you what motivates them. So, findings from a lot of market research can never uncover the whole truth. There’s still more headroom to align research with genuine motivation through the application of behavioural science.”Speakers like Scott Brinker, Sir Martin Sorrell, Brian Solis, Neil Patel, Darell Alfonso, Fernando Machado, David Raab, Rob Bloom, and Steve Lok have delivered rich sessions in the previous editions of the summit.This year’s speakers include Alexis Jean Baptiste - Chief Data & Analytics Officer | L'Oréal, James Dutton – Chief Product Officer  | UM MENAT, Mai Cheblak - Vice President Group Media & Social | Emirates NBD, Marwen Ben Messaoud - Head of Growth Middle East, Africa, South Asia |  Spotify, Matthew Horobin - Associate Director Customer Experience | Modon Holdings, Mustafa Bohra - Associate Director - Martech and Analytics | Careem, Nandakumar Vijayan - Global Director, Marketing & Communications | LuLu Group International, Oleg Nesterenko - Chief Marketing Officer | Storytel, Charlotte Davis | Acting Director of Retail Media | Majid Al Futtaim, Sohail Nawaz MBE -  Head of Retail Media | Landmark Group, Sevgi Gur - Chief Marketing Officer | Property Finder, Rishi Gupta - Regional Director: Middle East & Africa | Nothing, and many more.For more information, visit Vibe Marketing Tech Fest 2025.About VMFFounded in 2018, Vibe Marketing Tech Fest (VMF) is one of the world’s largest and most influential marketing tech conferences. It is the premier gathering for marketing, technology, product, CRM, revenue, and CX leaders. Designed to explore the latest trends, strategies, and cutting-edge tools shaping the marketing landscape, VMF serves as the ultimate platform where marketing pioneers connect with technology innovators.Join industry leaders as they network, exchange insights, and redefine the future of marketing through the power of technology.Media contact:Mrunalini Polmrunalini@vibeprojects.com  Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Mar 28, 2025 - (ACN Newswire via SeaPRwire.com) - CTF Life announced that its carbon reduction targets have been officially validated by the Science Based Targets initiative (SBTi). The result shows CTF Life’s commitment to decarbonisation and provides a set of measurements by which the company’s stakeholders can monitor its ongoing efforts.In October last year, CTF Life demonstrated leadership in advancing sustainability through science-based targets aligned with the Paris Agreement and became the first company from the Banks, Diverse Financials and Insurance sector that primarily operates in the Greater Bay Area to submit a carbon reduction commitment letter to the SBTi, a corporate climate action organisation that enables businesses worldwide to play their part in combating the climate crisis.CTF Life targets to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 37.8% by financial year (FY) 2029 (from the FY2023 base year).Additionally, within its Scope 3 emissions, CTF Life commits the following which covers 65% of its total investment and lending by assets:- To reduce the GHG emissions per MWh from the electricity generation sector within its listed equity and corporate bond portfolio by 59% by FY2029 (from the FY2023 base year), and- To have at least 44.8% of the invested value in its listed equity and corporate bond portfolio allocated to companies that set SBTi-validated targets by FY2029.Man Kit Ip, Executive Director and Chief Executive Officer of CTF Life, said: “At CTF Life, we recognise that climate action is both a critical responsibility and a powerful opportunity to inspire and drive meaningful change. CTF Life has been collaborating closely with CTFS to align our overall Net Zero 2050 ambition; the validation of our targets underscores our unwavering commitment to reducing emissions across our operations and investment portfolio. This milestone reaffirms our dedication to building a sustainable future while creating value beyond insurance for our stakeholders.”CTF Life will implement the following strategy and actions to achieve its targets:Decarbonisation levers for Scope 1 and 2 operational emissions:- Electric vehicles (EV) transition: Replace leased/owned fleet with EVs.- Energy efficiency: Explore opportunities to improve energy efficiency in the office buildings.- Purchase of renewable energy certificates: With priority focuses on exploring EV transition and energy efficiency, CTF Life may also explore the sourcing and purchase of renewable energy or renewable energy certificates (REC) from local energy suppliers, or International Renewable Energy Certificate (I-RECs) from Asia or other oversea markets to reduce the residual Scope 2 operational emissions, if no options are available within the same market.Levers for Scope 3 category 15 emissions:- Active ownership and engagement strategy: Implement engagement strategy with a phased approach to facilitate real world reductions.- Climate financing: Explore ESG-related products and climate financing opportunities.- Strategy and governance: Establish robust governance structure to drive climate actions.- Policy and advocacy: Explore opportunities for collaboration and partnership to scale impacts.CTF Life selected these actions because the above-mentioned decarbonisation levers are expected to have the most direct impacts on the company’s climate transition journey.As of June 2024, the company had already reduced its investment portfolio carbon footprint by more than 15% compared to baseline figures from June 2023. Additionally, CTF Life has invested over HKD3.5 billion in ESG-labelled bonds and decarbonisation impact funds, primarily focused on Asia, to support the region’s transition to a greener economy.About CTF LifeChow Tai Fook Life Insurance Company Limited (“CTF Life”) is proud of its rich, 40-year legacy in Hong Kong. CTF Life is a wholly-owned subsidiary of CTF Services Limited (“CTFS”) (Hong Kong Stock Code: 659) and one of the most well-established life insurance companies in Hong Kong. As a member of Chow Tai Fook Enterprises Limited, CTF Life consistently strengthens its collaboration with the diverse conglomerate of the Cheng family (“Chow Tai Fook Group” or “the Group”) to support customers and their loved ones in navigating life’s journey with personalised planning solutions, lifelong protection and diverse lifestyle experiences. By leveraging the Group’s robust financial strength and strategic investments across the globe, CTF Life aspires to become a leading insurance company in Asia while continuously creating value beyond insurance.Media enquiriesCTF Life Branding & Communications Deronie Tan +852 2591 8504deronie.tan@ctflife.com.hk Chow Tai Fook Life Insurance Company Limited (Incorporated in Bermuda with limited liability) Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Mar 28, 2025 - (ACN Newswire via SeaPRwire.com) - On March 26, CALB Group Co., Ltd. ("CALB" or "the Company," stock code: 3931.HK) announced its audited annual results for the year ended 31 December 2024 (the "Reporting Period").In 2024, with increasing economies of scale, the Company achieved solid growth in annual results. During the Reporting Period, the revenue of the Company increased from RMB27,005.89 million for the year ended 31 December 2023 to RMB27,751.53 million for the year ended 31 December 2024, representing an increase of 2.8%; the Company’s profit for the year increased from RMB437.16 million for the year ended 31 December 2023 to RMB843.63 million for the year ended 31 December 2024, representing an increase of 93.0%. The basic earnings per share of the Company increased from RMB0.1661 for the year ended 31 December 2023 to RMB0.3336 for the year ended 31 December 2024, representing an increase of 100.8%.As a leading international new energy company, the Company made comprehensive efforts in all market fields during the Reporting Period and achieved sustained rapid development. According to the latest statistics from SNE Research, the Company’s installed capacity of EV batteries in 2024 ranked fourth globally and third domestically. According to InfoLink, the Company’s energy storage cell shipments ranked fifth globally in 2024.In 2024, the Company deepened collaboration in domestic markets, achieving steady growth in installed capacity. During the Reporting Period, the Company’s solutions were integrated into 25 new vehicle models, cumulatively equipping over 2 million units nationwide, with an accumulated delivery volume exceeding 100GWh. In the field of pure electric vehicle, the Company successfully supported the upgrade, iteration, and mass production of flagship models for customers such as XPeng, Geely, Changan and GAC. Furthermore, the Company realized delivery in batches of new models for multiple joint venture brand, advancing the construction of a multi-dimensional market system; In the hybrid electronic field, the Company has accelerated collaboration on new hybrid projects with Geely and Leapmotor, while successfully supported the mass production of multiple hybrid models for customers such as Chery, Dongfeng, and BAIC, with the Company’s installed capacity continued to experience rapid growth, with a year-on-year increase of nearly 200%; In addition, in the international market, the Company accelerated its global layout and secured nominations from international brands such as Toyota, Honda, Volkswagen, and Audi, while continuously expanding its customer base in Europe and Southeast Asia. During the Reporting Period, the Company’s delivery volume steadily increased, with a growing variety of product types delivered. The Company’s overseas installed capacity grew by 105% year-on-year, hitting another record high. Furthermore, in the commercial vehicle market, the Company’s Annual New Vehicle increased by 150% year-on-year, while its domestic installed capacity grew by 85.2% compared to the same period last year, achieving comprehensive coverage of mainstream products and full-scenario empowerment. The Company has successfully penetrated leading customers such as Chery, Geely, Ruichi, Foton, Dongfeng, Changan, and King Long, providing comprehensive support and delivery for the industry’s mainstream models.In the energy storage market, the Company’s energy storage cell shipments surpassed 5GWh in a single month, and the business results in terms of shipments achieved a sustained substantial growth. The Company’s 314Ah battery cells products are the first in the industry to pass certification and the first to achieve large-scale and stable delivery in batches, earning high customer recognition for both product quality and delivery capabilities. During the Reporting Period, the Company achieved major breakthroughs in the international market, completed the admission process with a number of international top energy storage owners, EPCs, integrators and suppliers, enlisted in the whitelist of these customers, achieved the delivery in batches. As a supplier of high-performance energy storage cells, the Company secured and delivered the entire 7.8GWh order for the world’s largest energy storage project in 2024, and successfully launched its first self-invested power station project. At the same time, the Company's achievements in the ship market are equally significant. the Company secured the first electric vessel project from the world’s largest oil company. Additionally, the Company won its first international order for a megawatt-level marine battery system, achieving a breakthrough in the “offshore engineering vessel” sector. The Company’s electric vessels also gained traction with batch orders at Singapore’s port, while successfully penetrating the high-end yacht market in the United States.Steering rapid development by innovation, the Company adheres unwaveringly to the strategy of consolidating its leadership in products and technologies. Propelled by a future-oriented R&D layout, the Company pushes forward the constant advancement of battery technology from multiple dimensions such as innovations in materials, structures, manufacturing as well as systems, whereby the Company possesses a number of leading technologies and products worldwide, and builds on hard-core product capabilities in all scenarios, thus bringing the development of the industry to a new height. In 2024, the Company has successfully launched new product series: “Top-tier”, “UltraRange”, “UltraLife”, and “Boundless”. These products feature comprehensive innovations and advancements in high energy density, enhanced safety, extended lifespan, ultra-fast charging, and all-weather performance, providing comprehensive and valuable full-scenario product solutions to the market and its customers. Meanwhile, putting together its own technical capabilities and industrialization strength, the Company constantly pursued the high energy density and stable safety performance of EV batteries, launching more competitive new products of ternary series and phosphate series. The Company continued to maintain its product leadership by devoting its efforts in power energy storage (new energy power generation and power grid), industrial and commercial energy storage, household energy storage and other application scenarios.About CALBCALB is a new energy enterprise specializing in the research, production, sales, and market application development of lithium batteries, battery management systems, and related integrated products and lithium battery materials. As Battery Expert, we aim to build a comprehensive energy operation system, to provide complete product solutions and full life-cycle management for the new energy application market, represented by power and energy storage.Currently, CALB has completed an all-round layout in domestic by setting up industrial bases in Changzhou, Xiamen, Wuhan, Chengdu, Hefei, Jiangmen and Meishan. Meanwhile, CALB has set up bases in Europe and ASEAN, vigorously expanding the layout all over the world to become a global leading enterprise with large-scale intelligent manufacturing capabilities. Copyright 2025 ACN Newswire via SeaPRwire.com.

- With total exports of lighting products on the rise and strong demand for smart lighting products, the two lighting fairs in early April will bring together some 1,000 exhibitors to showcase a wide range of the latest lighting products.- The Smart Lighting Expo returns to showcase innovative smart lighting products, solutions and smart connected lighting technologies- The Greenovation zone debuts this year at the Spring Lighting Fair, showcasing green lighting and smart home products and innovationsHONG KONG, Mar 28, 2025 - (ACN Newswire via SeaPRwire.com) - The 2nd Smart Lighting Expo and 16th Hong Kong International Lighting Fair (Spring Edition), organised by the Hong Kong Trade Development Council (HKTDC), will open from 6 to 9 April at the Hong Kong Convention and Exhibition Centre, showcasing innovative and eco-friendly lighting solutions. The two fairs will bring together some 1,000 exhibitors, providing buyers with a one-stop sourcing platform to meet the ever-changing market needs. The Smart Lighting Expo continues to be an event during Business of Innovation & Technology Week (BIT Week).Sophia Chong, Deputy Executive Director of the HKTDC, said: “This year, the theme of the twin lighting fairs is Go Smart Live Green, presenting products and technologies from the smart lighting supply chain and traditional lighting products to enhance smart living and promote sustainability. Despite the challenges in the global economy and exports, the performance of lighting products remains satisfactory, with Hong Kong's total exports of lighting products increasing by 5 percent in 2024. The major export markets were the Mainland China, the EU and United States, demonstrating the growth potential of these products, especially smart lighting products.”Smart Lighting Products experience ideal growthAccording to Global Market Insights, the international smart lighting market size was valued at US$15.8 billion in 2024 and is estimated to grow at a 19.3% compound annual growth rate from 2025 to 2034. This growth is driven by several factors including smart city initiatives, the rapid expansion of smart home technologies, and ongoing technological innovations in smart lighting solutions.The Smart Lighting Expo returns this year and offers a comprehensive platform for the entire supply chain, showcasing smart lighting technologies, human-centric designs, energy-efficient innovations and much more. In addition to the ‘Smart Lighting Products & Solutions’ and ‘Connected Lighting Technologies’ zones, this year's Expo will also feature exhibitors of Digital Displays & Signage for the first time, focusing on advanced solutions in response to the growing demand for digital displays and signage in the global market.The Shanghai Pudong Intelligent Lighting Association will return and host the Smart Ecosystem and IoT Supply Chain Area, featuring brands such as Bweetech, Creatrol Intelligence, LEDiFUTURE, Shuncom AIoT, TYF and many more. In addition, there will be group pavilions from Guangdong - Hong Kong – Macao Greater Bay Area with two new pavilions from Shenzhen, including a SZSA Smart Lighting Pavilion brought by Shenzhen Semiconductor Association, and the returning Zhongshan Pavilion, presenting a wide array of innovative lighting solutions.Spring Lighting Fair launches Greenovation zoneThe concurrent Spring Lighting Fair will continue to serve as a one-stop trading platform for diverse lighting products. This year sees the brand new Greenovation zone which will showcase green lighting and smart home products in response to the increasing demand for sustainable solutions. At the Hall of Aurora, more than 170 renowned brands will showcase innovative lighting products and technologies while other lighting product zones include commercial, decorative, residential, technical and accessories.Quality design and innovative technology act as great value-addersEach year, the expo showcases breakthrough lighting products with added value and innovative design elements. The do it yourself (DIY) market continues to thrive, with related lighting products gaining more popularity. One standout product is the Leaves DIY camping light, from KTE Electrical Limited (booth 1E-E24), which won an iF Award. It utilises flexible tracks as carriers and a portable battery as the main power supply, enabling a diversified light connection that makes camping activities more exciting. Another notable product is XRibbon, an ultra-thin LED light strip from Huitron Limited (booth: 1E-C24). Crafted from a flexible material and offering customisable light colours, it is ideal for indoor and outdoor decorative applications. This product has also received the Red Dot Design Award.In addition to great designs, many manufacturers incorporate technological elements to their products, such as artificial intelligence (AI) and Internet of Things (IoT) solutions, to enhance product intelligence. Kinglumi Co., Ltd's Caimeta AIoT (booth: 1B-A10) is a secure, digital and Intelligent IoT platform that provides end-to-end connected lighting solutions tailored for the retail, commercial, residential, education, and hospitality sectors. Shanghai Shuncom Aiot Co., Ltd. (Booth: 1A-C13) offers intelligent building internet solutions for systems such as energy consumption, security, environmental monitoring, lighting control and more, facilitating efficient intelligent building management.Lighting products are widely used in large-scale projectsMany products showcased at the two fairs have already been applied to various large-scale projects. Located at the Greenovation zone, Essence Sanitary Ware’s LED mirror (booth: 3E-C01) combines advanced light control technology to offer smart lighting solutions, featuring adjustable brightness and anti-fog technology. It is equipped with a magnifying mirror, Bluetooth speakers, a digital clock, Wi-Fi weather updates, USB ports, a wireless charging shaving socket, and a smart panel to enhance comfort and convenience. This innovative product is adopted in the residential sector and major hotel projects in the United States, including Hilton and Marriott. At the Hall of Aurora, Hong Kong’s ODM Master Limited (Booth 1E-D28), will present its Deco Pixel Bar that is suitable for any building wall or facade, even narrow ones, that has already been installed in many commercial buildings.Experts discuss market trendsIn addition to showcasing products, the twin lighting fairs will feature forums where industry players will share their insights on the latest trends and developments in the lighting industry. These forums provide a valuable platform for knowledge exchange and networking among industry professionals. The Asian Lighting Forum will take place on 6 April to facilitate the lighting industry to adapt to the latest market standards and illustrate the Environmental, Social, and Governance (ESG)development through case studies. The following day, industry experts will present technological advancements in human-centric lighting and comprehensive intelligent customised lighting application across different scenarios in the Smart Lighting Solution Forum.Providing Buyers with a seamless sourcing journeyThe events will adopt the EXHIBITION+ hybrid model, enhanced by the "Click2Match" online smart business matching platform, available from 30 March to 16 April and "Scan2Match" will be also available at the fairs, serving as a feature designed to bridge offline and online interactions. With the HKTDC Marketplace App, buyers can scan dedicated QR codes from exhibitors to bookmark their favourites, access product information, view electronic floor plans, and engage in conversations with exhibitors even after the fair, allowing them to seamlessly continue their sourcing journey.To attract exhibitors and buyers from key markets, the HKTDC is offering special airfare deals and value-for-money hotel accommodation while more than 40 hotels are offering special booking discounts for trade buyers and four airlines are providing discounted airfares for overseas buyers and exhibitors. For more details, please visit the fair websites.Business of Innovation & Technology Week (BIT Week) packed with innovation eventsDriven by the Government of the Hong Kong Special Administrative Region’s Innovation, Technology and Industry Bureau and the HKTDC, the Business of Innovation & Technology Week (BIT Week) in April 2025 brings together a series of tech-related exhibitions, conferences, seminars, roundtables and networking events in Hong Kong, setting the perfect scene for industry exchanges and cross-disciplinary collaborations. A series of exciting events during the week, including the Smart Lighting Expo, InnoEX, Hong Kong Electronics Fair (Spring Edition), Hong Kong Web3 Festival and the Hong Kong World Youth Science Conference, are must-attend technology events for the industry.Photo download: https://bit.ly/445yo42The 2nd Smart Lighting Expo and 16th Hong Kong International Lighting Fair (Spring Edition), will open from 6 to 9 April 2025, bringing together some 1,000 exhibitors. Photo shows the scene at the two fairs last yearSmart Lighting Expo returns to showcase the latest smart lighting products and solutionsIn collaboration with Shanghai Pudong Intelligent Lighting Association, the Smart Ecosystem and IoT Supply Chain Area in Smart Lighting Expo will showcase the latest lighting solutions from renowned brands. Photo shows the scene at the zone last yearThe Greenovation zone will debut at the Spring Lighting Fair, showcasing innovative green lighting and smart home productsSpring Lighting Fair’s Hall of Aurora, will see more than 170 renowned brands and showcasing innovative lighting products and technologies. Photo shows the scene at the zone last yearAsian Lighting Forum and Smart Lighting Solution Forum will take place on 6 April and 7 April respectively, with Industry experts sharing the newest trends and developments in the lighting industry. Photo shows the scene of last year's Asian Lighting ForumFair informationDateOpening hours6-8 April 2024 (Sunday to Tuesday)9:30am – 6:30pm9 April 2024 (Wednesday)9:30am – 5pmVenueHall 1A-E and 3C-E, Hong Kong Convention and Exhibition Centre, 1 Expo Drive, Wan ChaiPress registration counter and media centreFor registration, could members of the press please present their name cards and press passes at the counter located at the concourse of Hall 1CD, Hong Kong Convention and Exhibition Centre, or visit the HKTDC media centre (G/F of Hong Kong Convention and Exhibition Centre near the Expo Drive entrance)Fair websitesSmart Lighting Expo: smartlightingexpo.hktdc.comHong Kong International Lighting Fair (Spring Edition): hklightingfairse.hktdc.comActivity schedule: https://www.hktdc.com/event/smartlightingexpo/en/programmeHKTDC Media Centre: https://mediaroom.hktdc.com/enMedia enquiriesPlease contact HKTDC’s Communication & Public Affairs Department:Stanley SoTel: (852) 2584 4049Email: stanley.hp.so@hktdc.orgSerena CheungTel: (852) 2584 4272Email: serena.hm.cheung@hktdc.orgClayton LauwTel: (852) 2584 4472Email: clayton.y.lawuw@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Mar 28, 2025 - (ACN Newswire via SeaPRwire.com) - China's consumer market has shown strong resilience, driven by policy guidance and demand release. In 2024, domestic consumer market vitality strengthened as consumer enthusiasm grew steadily, and experts predict that consumption will maintain a trend of stable growth in 2025.Against this backdrop of steady growth in the consumer market, DPC Dash – Domino’s Pizza China released its full-year earnings results on March 27, 2025, reaffirming its leading position in the Chinese pizza market with an impressive report card that combines scale and quality. In 2024, DPC Dash, Domino's Pizza's exclusive master franchisee in the China Mainland, the Hong Kong Special Administrative Region of China, and the Macau Special Administrative Region of China, achieved sustainable growth and profitability in the promising Chinese pizza market driven by its 4D strategy: Development, Delicious Pizza at Value, Delivery, and Digital. The company's annual revenues reached RMB4.31 billion, a year-on-year increase of 41.4%, and adjusted net profit surged 1,394.2% year-on-year, with the Company achieving both positive annual as-reported and adjusted net profit for the first time.Strategic Deepening: Full-Chain Competitiveness from Store Network to DigitalizationDPC Dash’s growth momentum stems from its continuous deepening of the 4D strategy. In terms of store network development, the company adopted a "go deeper, go broader" store network strategy, with a net increase of 240 stores throughout the year and nearly 90% of new stores located in cities outside of the top tier, bringing the total number of stores to over 1,008, covering 39 cities in mainland China. The accelerated expansion of the store network reflects DPC Dash's strong confidence in seizing market opportunities. According to Frost & Sullivan data, DPC Dash ranked second in pizza sales nationwide in 2024. As of December 31, 2024, the Chinese mainland market ranked as the third-largest Domino's Pizza international market by store count.At the beginning of 2025, the Company’s entry into six new cities, including Nanchang and Yantai, further expanded the national market layout, demonstrating the company's ongoing commitment to its expansion strategy. DPC Dash announced plans to open approximately 300 new stores in 2025. From early 2025 to March 14, 2025, it has opened an additional 82 stores, with 26 stores under construction, and 62 stores signed, securing 56% of its annual opening target and placing the Company firmly on track to complete the high-quality store expansion plan on schedule.Meanwhile, new stores in new cities are showing strong sales momentum, gradually enhancing the brand's influence. The Shenyang debut store set a new global record with approximately RMB11.1 million in revenue during its first month. The payback periods for the 80 new stores that opened in 18 new cities between December 2023 and December 2024 average 12 months. As of early 2025, DPC Dash holds all 40 top positions in Domino's global system for first 30-day sales, proving the brand's explosive appeal in mainland Chinese cities. Both store-level and company-level profitability indicators have significantly improved, with store-level operating profit and store-level operating profit margin continuing to grow, while adjusted net profit improved nearly tenfold.A robust product portfolio and operational efficiency synergy combine to provide another growth engine for DPC Dash. Through innovative combinations of 30 pizza varieties and approximately 20 crust options, DPC Dash accurately captures local consumer preferences, driving repeat purchases among young customers with various popular crusts. Due to high dine-in and carry-out demand in new markets, the Company suspended delivery services temporarily at some locations to meet consumers’ needs, with plans to gradually resume them at appropriate times, which also provides a potential source of future growth. Relying on central kitchens and a digital delivery system, DPC Dash’s "30-minute delivery" and supply chain efficiency optimization not only ensures user experience but also drives store-level operating profit margin up to 14.5%.A breakthrough in digital capabilities is another highlight. In 2024, the company won several awards, including the Best Digitalization Award (Food and Dining Category) at the 15th Tiger Roar Awards and Top 20 Digitalized Enterprise by CDIE 2024. The digital-driven order system and refined operations of over 24.5 million members continuously improve labor efficiency and store efficiency. Classic promotional activities such as “Crazy Tuesday & Wednesday" and "Mega Week (BOGO)" on its self-operated online ordering channels in select cities, along with multiple limited-time brand collaboration activities with Tencent, NetEase and others, further enhanced consumer goodwill and strengthened consumer-brand interaction in 2024. Additionally, the intelligent transformation of the supply chain infrastructure will gradually reduce costs, providing underlying support for profitability improvement.Industry Resonance: Positioning in the Hundred-Billion Market, Globalization and Localization Progress TogetherDPC Dash’s explosive growth is closely intertwined with the release of industry dividends. According to data from industry research reports, the scale of China's pizza market is expected to reach RMB60.8 billion in 2025 and exceed RMB77.1 billion in 2027, with a compound annual growth rate of 15%. The online market opportunities are opening up incremental space for leading brands. In 2022, the online share of China's pizza industry surpassed offline at 58.1%, and the industry will further accelerate its digital transformation. DPC Dash continues to expand its market share with its first-mover advantage in the digital delivery system.The combination of global resources and localized innovation further strengthens its competitive advantages. Backed by the brand reputation and R&D experience of over 21,300 Domino's Pizza stores worldwide, the company can bring a global experience through signature products while offering localized flavors for Chinese consumers. This “international gene plus local operation" model creates a dual moat in brand recognition and product adaptability.Future Blueprint: Dual Symphony of Scale Expansion and Deepening EfficiencyIn 2024, DPC Dash successfully opened its 1,000th store in Chengdu, Sichuan, marking an important milestone in the company's development history. Standing on the milestone of its first thousand stores, DPC Dash is accelerating towards the next stage.Recognition from the capital market also injects confidence into the Company’s sustainable development . In 2024, it was selected as a constituent stock for the Hong Kong Hang Seng Composite Index, and included in both the Shanghai-Hong Kong Stock Connect Program and the Shenzhen-Hong Kong Stock Connect Program.DPC Dash was also included in New Fortune's "2024 Best Hong Kong Listed Companies" ranking, and received the 2023 Best IPO Award from China Financial Market 2024 and other accolades. Since its IPO in 2023, as of the date of this article, the Company's stock price has risen nearly 120% from the issue price of HK$46, with a market capitalization exceeding HK$13 billion. Its liquidity has also significantly improved. As industry concentration increases and consumption upgrade trends deepen, DPC Dash, with its strategic determination and execution capabilities, is positioned to continue to lead in the hundred-billion market, writing a new chapter of steady growth. Copyright 2025 ACN Newswire via SeaPRwire.com.