Category: ACN Newswire

HONG KONG, Sep 4, 2025 - (ACN Newswire via SeaPRwire.com) - Annual fashion extravaganza CENTRESTAGE kicked off with the spectacular Fashion Hong Kong Runway Show on 3 September. The show featured the creative collections of four Hong Kong brands: ANGUS TSUI, ARTY:ACTIVE, IP AXIS INDUSTRIAL STUDIO, and selfFab.This year celebrates the 10th anniversary of Fashion Hong Kong. To mark the milestone, the runway show adopted the theme “A Decade in Design: What is Seen? What is Felt?”, reflecting on the creative journey of Hong Kong designers. Through their unique works, the four designers have showcased personal stories, cultural heritage and design ingenuity, fusing the “seen” with the “felt” to deliver a fashion experience that resonates both visually and emotionally.The show received enthusiastic acclaim from the multitude of industry professionals, celebrities and fashion enthusiasts in attendance, including luminaries such as Grace Chan, Tony Wu, DeeGor Ho and Isabella Chan.Organised by the Hong Kong Trade Development Council (HKTDC) and sponsored by the Cultural and Creative Industries Development Agency (CCIDA) of the Government of the Hong Kong Special Administrative Region, CENTRESTAGE is now in full swing, running until 6 September at the Hong Kong Convention and Exhibition Centre. This year's fashion showcase has brought together participants from 25 countries and regions and features a record-breaking number of more than 260 local and international brands. The four-day event is open to both trade professionals and the public with free admission for all. Visitors from Hong Kong, Mainland China and overseas are invited to come along and experience the excitement and vibrancy of the fashion world.CENTRESTAGE is held concurrently with the Hong Kong Watch & Clock Fair and Salon de TE, offering visitors a multifaceted fashion journey where apparel and timepieces converge, with visitors able to take part in the CENTRESTAGE x Watch & Clock Lucky Draw.Photo download: http://bit.ly/4604T36Celebrities at the Fashion Hong Kong Runway ShowGrace Chan(wearing ANGUS TSUI)Tony Wu(wearing IP AXIS INDUSTRIAL STUDIO)DeeGor Ho(wearing selfFab.)Isabella Chan(wearing selfFab.)Winnie Chan(wearing ANGUS TSUI)Marco@P1X3L(wearing IP AXIS INDUSTRIAL STUDIO)Adams Ho(wearing ARTY:ACTIVE)Manson Cheung(wearing ANGUS TSUI)Alice Hui(wearing ARTY:ACTIVE)ANGUS TSUI (Designer: Angus Tsui), 10th Anniversary EditionBrand: ANGUS TSUI; Collection: A Decade of Creating Otherworldly Universe in FashionTo celebrate the brand’s 10th anniversary, the collection titled “A Decade of Creating Otherworldly Universe in Fashion” revisits iconic designs from past seasons, reimagining them through bold new approaches. Concluding the “Xeno” narrative on future space colonisation, the collection introduces fresh creations that deliver a visual spectacle of otherworldly aesthetics.ARTY:ACTIVE (Designer: Gary Tsang), Spring/Summer 2026 CollectionBrand: ARTY:ACTIVE; Collection: Pulsy BouncyInspired by the concept of bouncing, the collection “Pulsy Bouncy” translates the essence of resilience, energy and dynamic motion into a visually striking fusion of traditional craftsmanship and technology. Influenced by streetwear, the collection merges futuristic and sporty aesthetics, evoking optimism, fluidity and bold self-expression.IP AXIS INDUSTRIAL STUDIO (Designer: Max Tsang), Chapter 06 Collection Brand: IP AXIS INDUSTRIAL STUDIO; Collection: Relics from a Near FutureInspired by Maya from the movie The Creator, the "Relics from a Near Future" collection explores the journey of a solitary figure navigating ruins and wilderness – observing, sensing, and surviving. Stonewashed and abraded textures evoke the erosion of time, while functional cuts meet the demands of movement, defining a new aesthetic for fractured future fashion.selfFab. (Designer: Menu Tsai), Spring/Summer 2026 Collection Brand: selfFab.; Collection: Hybridized Armour: Cultural Codes ReconstructedDrawing inspiration from military tailoring, football kits and court silhouettes, the collection reinvents cultural codes into bold, oversized forms. Camouflage, jerseys and abandoned emblems are patchworked into modern armour, offering a new means of expression for a generation navigating fragmented identities.CENTRESTAGE details:Date: 3 to 6 September 2025 (Wednesday to Saturday)Venue: Hong Kong Convention and Exhibition CentreDateCENTERSTAGE opening hours3-5 Sept(Wed to Fri)10am-7pmFree admission for trade visitors (aged 18 and over) and public visitors6 Sept (Sat)10am-6pmWebsites- CENTRESTAGE: www.centrestage.com.hk- CENTRESTAGE buyer online registration: https://bit.ly/4m8mv33- Fashion Hong Kong: https://www.fashionhongkong.com/en- Hong Kong Young Fashion Designers' Contest (YDC): www.fashionally.com/enMedia enquiriesBest Crew Public Relations & MarketingDiana Tang Tel: (852) 3594 6443 Email: diana.tang@bestcrewpr.comReni Kwok Tel: (852) 3594 6443 Email: reni.kwok@bestcrewpr.comHKTDC Communications and Public Affairs Department:Sharon HaTel: (852) 2584 4575Email: sharon.mt.ha@hktdc.orgKaty WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgHKTDC Newsroom: http://mediaroom.hktdc.com/enAbout Fashion Hong KongFashion Hong Kong is a series of international promotional events organised by Hong Kong Trade Development Council (HKTDC) to promote Hong Kong fashion designers and labels in the global fashion arena.Since 2015, Fashion Hong Kong has actively participated in international fashion weeks and renowned events to showcase Hong Kong’s unique and diversified designers, with footprints in New York, London, Paris, Milan, Copenhagen, Shanghai, Shenzhen, Tokyo and Seoul.About the 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. About Cultural and Creative Industries Development Agency (CCIDA)The Cultural and Creative Industries Development Agency (CCIDA) established in June 2024, formerly known as Create Hong Kong (CreateHK), is a dedicated office set up by the Government of the Hong Kong Special Administrative Region (HKSAR Government) under the Culture, Sports and Tourism Bureau to provide one-stop services and support to the cultural and creative industries with a mission to foster a conducive environment in Hong Kong to facilitate the development of arts, culture and creative sectors as industries. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and cross-genre collaboration, promoting the development of arts, culture and creative sectors as industries under the industry-oriented principle, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community to implement Hong Kong’s positioning as the East-meets-West centre for international cultural exchange under the National 14th Five-Year Plan. CCIDA’s website: www.ccidahk.gov.hk. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

SINGAPORE, Sept 4, 2025 - (ACN Newswire via SeaPRwire.com) - The Asia Unicorn Forum (AUF), a future-shaping organisation dedicated to advancing technological innovation and sustainable growth among Asia’s unicorn companies, had published its 2024 Asia Unicorn Development Report in May 2025.The report identifies China, India, and Israel as Asia’s top three nations by unicorn count, with China holding a commanding lead.“While unicorns have long been a focus in investment circles, we now recognise them as a distinct economic phenomenon," said Mr Liu Yanlong (刘彦龙), Executive Chairman of AUF, emphasising the report’s groundbreaking approach and methodology."For the first time, we define unicorns as part of a standalone unicorn economy. Unlike other reports, we analysed 59 metrics across six categories—entrepreneurship, business model innovation, technological edge, capital strength, and more—to uncover the unique drivers of Asian unicorns."We’ve identified a replicable strategic pattern: the Creating Neo-Market Strategy (CNM). Unicorns aren’t just great companies; they pioneer entirely new market categories and become transformative forces."Key Findings1. Landscape for Unicorns- Asia is home to 646 unicorns (startups valued at more than US$1.0 billion) with a combined valuation of US$2.4 trillion (average US$37.0 billion per company), spanning 16 countries and 11 industries.- China dominates with 454 unicorns (70% of Asia’s total), followed by India (12%) and Israel. Only five countries — China, India, Israel, Singapore, and South Korea — have over 10 unicorns each (see Chart 1).2. 2024 Asia Top 100 Unicorns- China claims 75 spots, India 11, and Israel 6, collectively representing 92% of the list.3. Valuation Insights- Total Valuation: China’s unicorns account for US$1.74 trillion (73% of Asia’s total), while India’s total is US$281.8 billion (12%).- Average Valuation: China, Singapore, the UAE, and Vietnam exceed Asia’s average of US$37 billion (see Chart 2).4. Industry Breakdown:- China’s unicorns lead in software, transportation, key and core technology, consumer, fintech, and media/entertainment, each surpassing US$100 billion in total valuation. India’s software sector is its sole industry crossing this threshold.- Israel (software) and Singapore (consumer) show notable valuations (see Chart 3).5. Emerging Unicorns:- 73 new unicorns emerged in 2024, including 10 companies that achieved unicorn status within one year—far outpacing the traditional 10-year trajectory. Eight of these are Chinese companies.6. Business Models:- Platform-based (43%) and technology-driven (42%) models dominate Asia’s unicorn ecosystem.Future Trends - Tech Convergence: IT and biotech will increasingly merge, with growth extending into new energy and advanced materials.- Regionalisation: Amid global fragmentation, Asian unicorns will face intensified regional competition and collaboration.- AI & Energy: Unicorns in these sectors are poised to surge, reshaping Asia’s energy landscape.Report AvailabilityThe 300-page 2024 Asia Unicorn Development Report offers in-depth analysis of success patterns and regional drivers. For details, visit AUF’s official WeChat channel (Asia Unicorn AUF) or email auf@auforum.org.Charts Referenced1. Chart 1: Geographic Distribution of Unicorns in Asia (by Country Count)2. Chart 2: Total and Average Valuation of Asian Unicorns by Country3. Chart 3: Bubble Chart of Total Valuation Distribution by Country and IndustryFor media and any queries, please contact:AUF SecretariatEmail: auf@auforum.org Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Sep 4, 2025 - (ACN Newswire via SeaPRwire.com) - September 3, Galaxy Payroll Group Limited (Nasdaq: GLXG) ("Galaxy" or the "Company"), a leading global payroll provider, today announced that its Board of Directors has unanimously approved a consolidation of all issued and unissued ordinary shares at a ratio of ten (10) shares to one (1) share of the same class (the “Share Consolidation”). The Share Consolidation was approved pursuant to the British Virgin Islands Business Companies Act and the Company's amended and restated memorandum and articles of association.The Share Consolidaton will be effective at 12:01 a.m. (ET) on September 8, 2025 (the “Record Date”) and the Company’s ordinary shares will begin trading on the Nasdaq Capital Market (“Nasdaq”) on a consolidation-adjusted basis at the opening of market on September 8, 2025. The Company’s ordinary shares will continue to trade on the Nasdaq Capital Market under the trading symbol “GLXY” but will trade under the following new CUSIP number: G37692 111.The Share Consolidation will apply to both Class A and Class B ordinary shares, with the par value per share increasing from US$0.000625 to US$0.00625 following the consolidation. The Share Consolidation will reduce the number of outstanding ordinary shares of the Company from 21,615,000 to approximately 2,161,500. No fractional shares will be issued in connection with the Share Consolidation. Instead, the Company will issue one full post-Share Consolidation ordinary share to any shareholder at a participant level who would have been entitled to receive a fractional share as a result of the process. The Company's memorandum and articles of association will be amended to reflect these changes."The share consolidation represents an important step in optimizing our capital structure as we position the Company for future growth opportunities," said Mr. Wai Hong Lao, Chairman and Chief Executive Officer of Galaxy Payroll Group. "This action will streamline our share structure while maintaining the proportional rights and economic interests of all shareholders."About Galaxy Payroll Group Limited Galaxy Payroll Group Limited is a leading payroll outsourcing service provider based in Hong Kong. The company specializes in delivering HR and payroll solutions to multinational companies across various industries. With a focus on innovation and client satisfaction, GLXG operates in Hong Kong, Taiwan, Macau, and the PRC, offering payroll outsourcing, employment services, and consultancy to businesses of all sizes.For more information, please visit Galaxy Payroll Group's website: www.galaxyapac.com. Forward-Looking Statements Matters discussed in this press release may constitute forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The words "believe," "anticipate," "intends," "estimate," "potential," "may," "should," "expect" "pending" and similar expressions identify forward-looking statements. The forward-looking statements in this press release are based upon various assumptions. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations.For enquiry, please contact Intelligent Joy Limited:Karen DengPhone: (852) 3594 6407Email: pr-team@intelligentjoy.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

- The 10th edition of CENTRESTAGE runs from 3 to 6 September at the HKCEC, with free admission on all four days for both industry professionals and the public- Over 260 brands from 25 countries and regions are participating, making this the biggest and most international edition to date. Six themed zones cover accessories, athleisure, circular fashion, craftsmanship, contemporary design and urban street style- The United Kingdom joins for the first time as Partner Country, presenting 16 British brands and bringing fresh perspectives to the fair- Internationally acclaimed couturier Guo Pei and legendary fashion figure Professor Jimmy Choo OBE will both host sharing sessions- Around 30 runway shows will be staged, including the Fashion Hong Kong Runway Show that features creative collections from four local brands- The Hong Kong Young Fashion Designers’ Contest (YDC) closes the fair on 6 September, with Charles Jeffrey, designer of London label Charles Jeffrey LOVERBOY, serving as guest judgeHONG KONG, Sep 3, 2025 - (ACN Newswire via SeaPRwire.com) - Organised by the Hong Kong Trade Development Council (HKTDC) and sponsored by the Culture and Creative Industries Development Agency (CCIDA) of the Government of the Hong Kong Special Administrative Region (HKSAR), CENTRESTAGE, Asia’s annual fashion extravaganza, opened today at the Hong Kong Convention and Exhibition Centre (HKCEC) in Wan Chai. The fair runs until 6 September, with free admission on all four days for both industry professionals and members of the public. This year marks a major milestone for CENTRESTAGE as the event celebrates its 10th edition. Over 260 brands from 25 countries and regions are taking part – a record high for CENTRESTAGE – with more diverse international participation helping to cement Hong Kong’s role as Asia’s fashion hub.Sophia Chong, Deputy Executive Director of the HKTDC, said: “For the past decade, CENTRESTAGE has been committed to providing a platform where designers from Hong Kong and Asia can showcase their work and exchange ideas. As it celebrates its 10th edition, the scale of the fair has reached another new high, and for the first time we are delighted to welcome the United Kingdom as Partner Country. At CENTRESTAGE ELITES, held on 1 September, we were greatly honoured to have internationally acclaimed couturier Guo Pei present her new couture collection ‘Gilternity: An Everlasting Radiance’. This was her very first solo couture show in Hong Kong and it provided a dazzling highlight to the fair. During the exhibition period, more than 40 exciting events will take place, including a record number of around 30 fashion shows. These events will create more opportunities for designers, brands and the industry, while allowing the public to experience world-class fashion at close quarters.”International pavilions gather while design masters host sharing sessionsThis year’s CENTRESTAGE has attracted brands from around the globe. The United Kingdom is participating for the first time as Partner Country, presenting 16 brands, including the works of sustainable designer Patrick McDowell, to showcase the diversity of British design. Thailand has brought more than 40 brands for its largest pavilion ever, including KANZ BY THAITOR and SUNTREE ATELIER, highlighting the vibrancy of Southeast Asian fashion. Czechia is participating with brand LINDA PRO incorporating traditional glass craftsmanship into its unique handbag designs. The Canada pavilion highlights cultural diversity, presenting brands led by female, indigenous and multicultural designers, while Japan presents a number of emerging labels such as HOUGA and THE NERDYS. The Australia pavilion features brands such as BONDI BORN and bond-eye. Pavilions from Korea, Macao and the Philippines are also showcasing their latest designs. The fair has also attracted design forces from Mainland China, Hong Kong, Cambodia, Denmark, Finland, France, Germany, India, Indonesia, Peru, Singapore, Taiwan, the Netherlands, the United States, Ukraine and Vietnam – a total of 25 countries and regions, with nine of them exhibiting for the first time – further consolidating CENTRESTAGE’s role as an international exchange platform and Hong Kong’s status as Asia’s fashion hub.CENTRESTAGE is not only a showcase for fashion brands but also a platform for industry exchange and discussions on the future development of fashion. This year sees several internationally renowned fashion gurus and industry leaders taking part in seminars and designer sharing sessions. On 1 September, Guo Pei presented more than 30 meticulously crafted works under the theme "Gilternity: An Everlasting Radiance" at CENTRESTAGE ELITES. Some of these pieces are on display during the fair, and on 4 September Guo Pei will attend in person a master sharing session to share her design philosophy and journey with the audience. Earlier today, international fashion legend Professor Jimmy Choo OBE hosted the “Meet the Fashion Legend” session, introducing the JCA – London Fashion Academy and showcasing works by its emerging designers. And on 5 September, Charles Jeffrey, designer of the London label Charles Jeffrey LOVERBOY, will discuss his avant-garde creations and fashion vision at another sharing session. The fair also features forums on topics such as the fashion design, circular fashion and sustainability, further promoting industry dialogue and collaboration.Fashion Hong Kong’s 10th anniversary showcases local brand powerMore than 40 events will take place over the four days of CENTRESTAGE, including around 30 fashion shows – the highest number in a decade – to offer audiences a dazzling fashion feast. The Fashion Hong Kong Runway Show, organised by the HKTDC, was staged earlier today, showcasing the creative collections of four local brands: ANGUS TSUI, ARTY:ACTIVE, IP AXIS INDUSTRIAL STUDIO and selfFab. This year’s show also marks the 10th anniversary of the Fashion Hong Kong overseas promotion campaign series, presented under the theme “A Decade in Design: What is Seen' What is Felt'”, which explores the creative journeys of Hong Kong designers.The fair also features fashion shows from both local and overseas brands, presenting a wealth of cultures and styles. Highlights include new works by Hong Kong labels 112 mountainyam, DorisKath and KOWLOON CITY BOY; collections by Cambodian brand NATACHA VAN and Japanese brand Snidel; and a finale by CAMMIE CHAN CHEONGSAM, showing how cheongsam design can be extended to adult, children’s and even pet wear, promoting the concept of inclusivity.Multiple cross-regional and cross-sector collaborations are also featured, such as the “GBA Fashion Fusion 2025” organised by the Fashion Farm Foundation, the “Macau Fashion Parade” presented by the Macau Productivity and Technology Transfer Center, and a Thai designers’ showcase. All these events further highlight CENTRESTAGE’s role as a platform for international exchange within the industry. In addition, a series of fashion design competitions will be held during the event, including the “Young Knitwear Designers’ Contest” organised by the Knitwear Innovation and Design Society, and the “THREAD OF CREATIVITY – Fashion Design Competition" organised by Asian New Generation Creativity Design Association, providing a platform for young designers to showcase their talent. Redress, a non-profit organisation dedicated to promoting sustainability, will host the Redress Design Award Grand Final, marking its 15th cycle, further encouraging the industry to embrace eco-conscious design.An important platform for nurturing new talent, the grand final of the Hong Kong Young Fashion Designers’ Contest (YDC) will take place on 6 September. This year, the guest judge is British designer Charles Jeffrey, renowned for his label Charles Jeffrey LOVERBOY that is celebrated for its bold use of colour and combination of performance art with fashion design. His work is highly respected in the London fashion scene and beloved by international stars including Harry Styles, Rita Ora and Tilda Swinton. A panel of professional judges, including Mr Jeffrey, will select winners in four categories: Champion, Excellence Award, Best Visual Presentation, and the My Favourite Collection award. Members of the public can vote online for their favourite collection in the latter category with the chance to win one of five HK$2,000 Lee Gardens e-shopping vouchers sponsored by Hysan Development. (Voting link: https://bit.ly/YDC2025_IG_Vote_Now)This year’s fair features six major themed zones that cover multiple facets of the fashion industry. The newly added Accessories zone focuses on jewellery, footwear, handbags and lifestyle items, responding to strong market demand for fashion accessories. The Athleisure zone showcases sportswear that combines design and functionality, while the Craftsmanship zone highlights exquisite artisan techniques. The Contemporary zone presents avant-garde design, and the Urban zone focuses on youth-oriented street products, including Petrolhead, the design brand run by actor Louis Cheung. The Circular Fashion zone, meanwhile, showcases circular and sustainable design. Some exhibitors are offering retail products on site, allowing visitors to purchase directly from brands such as Bethel, Glocal Mahjong, IP AXIS INDUSTRIAL STUDIO, Petrolhead and YUE HWA.In addition to exhibitions and runway shows, the fair features interactive AI experiences and workshops where visitors can design and create their own fashion accessories, unleashing their creativity and experiencing the joy of fashion design. Local fragrance brand CitiScent has developed a bespoke scent specially for CENTRESTAGE, blending vitality and elegance. Visitors can redeem a 2ml sample with any onsite purchase, available while stocks last.The HKTDC continues to invite buyers from around the world to source at CENTRESTAGE, including major retailers such as Canada’s WDLT 117 Apparel Inc, Indonesia’s Zalora, Italy’s Sugar Srl and Japan’s Hankyu Hanshin Department Stores.CENTRESTAGE is held concurrently with the Hong Kong Watch & Clock Fair and Salon de TE, offering visitors a multifaceted fashion journey where apparel and timepieces converge, with visitors able to take part in the CENTRESTAGE x Watch & Clock Lucky Draw.Photo download: https://bit.ly/3JJX5evCENTRESTAGE opened today at the Hong Kong Convention and Exhibition Centre. Over four days, brands from around the world are unveiling their latest collections, including internationally acclaimed labelsJoining the glittering spectacle at CENTRESTAGE ELITES were Rosanna Law, Secretary for Culture, Sports and Tourism of the HKSAR Government (seventh left); Prof Frederick Ma, Chairman of the HKTDC (seventh right); acclaimed fashion designer Guo Pei (sixth left); Andrew Leung, President of the Legislative Council (sixth right); Margaret Fong, Executive Director of the HKTDC (fifth left); Katherine Fang, Chairman of the HKTDC Garment Advisory Committee (fifth right); Vivian Sum, Permanent Secretary for Culture, Sports and Tourism of the HKSAR Government (fourth left); Dr Peter K N Lam, Council Member of the HKTDC (fourth right); Dr Lo Kam Wing, Council Member of the HKTDC (third left); Lowell Cho, Acting Commissioner for Cultural and Creative Industries of the HKSAR Government (second left); Sophia Chong, Deputy Executive Director of the HKTDC (second right); Shirley Chan, Council Member of the HKTDC and other guestsThe four-day CENTRESTAGE fair is fully open to industry buyers and the public free of charge. Selected brands are also offering retail on site, enabling visitors to purchase fashion pieces from around the worldInternationally renowned couturier Guo Pei unveiled her new collection “Gilternity: An Everlasting Radiance” at CENTRESTAGE ELITES on 1 September. Selected works from the collection are on display at the fairThe fair’s opening runway show, FASHIONALLY Collection, featured four local designer labels: MARCCH, Oplus2, OUS and phenotypsetterInternational fashion legend Professor Jimmy Choo OBE joined a sharing session today, introducing his JCA – London Fashion Academy and presenting creations from some of its emerging designers.This year’s CENTRESTAGE has attracted brands from across the globe. The United Kingdom is participating for the first time as Partner Country, bringing 16 British brands to the fairThe Czechia pavilion is making its debut, with brand LINDA PRO incorporating traditional glassmaking techniques into handbag designs, offering strikingly original creationsWebsites- CENTRESTAGE: www.centrestage.com.hk- CENTRESTAGE pre-registration link for buyer admission: https://bit.ly/4m8mv33- CENTRESTAGE Instagram: https://www.instagram.com/centrestage_hktdc - Fashion Hong Kong: https://www.fashionhongkong.com/en- Hong Kong Young Fashion Designers' Contest (YDC): www.fashionally.com/enMedia enquiriesBest Crew Public Relations & MarketingDiana Tang Tel: (852) 3594 6443 Email: diana.tang@bestcrewpr.comReni Kwok Tel: (852) 3594 6443 Email: reni.kwok@bestcrewpr.comHKTDC Communication and Public Affairs Department:Sharon Ha Tel: (852) 2584 4575 Email: sharon.mt.ha@hktdc.orgKaty Wong Tel: (852) 2584 4524 Email: katy.ky.wong@hktdc.orgHKTDC Newsroom: http://mediaroom.hktdc.com/enAbout the 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. About Cultural and Creative Industries Development Agency (CCIDA)The Cultural and Creative Industries Development Agency (CCIDA) established in June 2024, formerly known as Create Hong Kong (CreateHK), is a dedicated office set up by the Government of the Hong Kong Special Administrative Region (HKSAR Government) under the Culture, Sports and Tourism Bureau to provide one-stop services and support to the cultural and creative industries with a mission to foster a conducive environment in Hong Kong to facilitate the development of arts, culture and creative sectors as industries. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and cross-genre collaboration, promoting the development of arts, culture and creative sectors as industries under the industry-oriented principle, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community to implement Hong Kong’s positioning as the East-meets-West centre for international cultural exchange under the National 14th Five-Year Plan. CCIDA’s website: www.ccidahk.gov.hk. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Sep 3, 2025 - (ACN Newswire via SeaPRwire.com) - On August 29, SERES announced its 2025 mid-year results, reporting strong growth across all key metrics. In the first half of the year, SERES achieved operating revenue of CNY 62.4 billion and net profit attributable to shareholders of CNY 2.94 billion—an 81% year-on-year increase. R&D investment reached CNY 5.12 billion, up nearly 155% from the prior year, while NEV sales totaled 172,108 units.This impressive performance was fueled by robust demand for premium smart electric vehicles under the AITO brand, supported by exceptional product quality and delivery capabilities. Contributing factors include the versatile MF Platform for efficient model development, the Super Factory for rapid production scaling, advanced digital-intelligent quality assurance systems, and a modern luxury experience that continues to strengthen AITO’s market reputation.AITO’s latest models continue to raise the bar, with the AITO 9 and AITO 8 maintaining their positions as sales leaders.In the first half of this year, the AITO series continued to evolve with several new launches, including the AITO 5 Ultra, the 2025 Edition AITO 9, and the AITO 8—all of which received strong market and consumer response.Thanks to improvements across its entire value chain, AITO has set new standards for delivery among China’s luxury new energy vehicle brands. As of August 2025, total deliveries of all AITO models have surpassed 750,000 units. Notably, cumulative deliveries of the AITO 9 have exceeded 220,000 units, making it the top-selling vehicle in the CNY 500,000 luxury car segment. The AITO 8 quickly became a bestseller after its debut, with over 70,000 units delivered and holding the top spot in the CNY 400,000 price segment for four consecutive months.Additionally, according to LandRoads’ Brand Health Tracking Study for New Energy Vehicles in the first half of 2025, the AITO brand ranked No. 1 in the Brand Development Confidence Index. The AITO 9 also led the overall new energy vehicle Net Promoter Score (NPS) rankings, with a score of 85.2.Notably, AITO launched an all-electric version of its family-focused flagship SUV, the AITO 8, on August 25. The all-new AITO 7 is also set to make its official debut in September. With the ongoing introduction of new models, AITO continues to expand its product lineup to meet the diverse needs of consumers and strengthen its leadership in the luxury new energy vehicle market.A Commitment to Technological Innovation and Robust R&D InvestmentTechnological innovation is central to SERES’ long-term growth. The company has consistently invested in research and development, driving new advancements and achieving remarkable results in technology. In the first half of 2025, SERES invested CNY 5.20 billion in R&D—nearly a 155% increase year-over-year. The number of R&D personnel reached 6,984, up approximately 27% from last year and now comprising 36% of the company’s total workforce.At this year’s Shanghai Auto Show, SERES unveiled its intelligent safety system, pioneering a scenario-based approach to vehicle safety. The new system establishes an intelligent safety framework across four key areas: life protection, vehicle body protection, health care, and privacy protection. This comprehensive approach ensures user safety throughout the entire vehicle lifecycle and sets a new industry benchmark for intelligent safety.Previously, SERES introduced a series of major technological advancements, including the SERES MF Platform, SERES Super Range-Extender, and the SERES Super Factory. The SERES Super Factory has been an industry pioneer with its “factory-within-a-factory” model, driving product integration, intelligent manufacturing, and industrial clustering to boost collaboration and innovation. The company also set a new industry standard with its Zero-Carbon Smart Logistics Hub.Brand Value Surges Amid Strong Investor ConfidenceAs the world’s fourth new energy vehicle manufacturer to achieve profitability, SERES laid a strong foundation for growth in the first half of the year through strategic product portfolio optimization, technological innovation, and enhanced operational efficiency.SERES also ranked 169th on the 2025 Fortune China 500 list. This was an ascent of 235 spots from the previous year, making it the fastest-climbing company on the list. On the TopBrand 2025 China’s Top 500 Brands list, released in August, SERES ranked 92nd with a brand value of CNY 175.52 billion, breaking into the automotive industry’s top 10 and highlighting its leadership in brand development and market influence. More recently, on August 28, SERES climbed to 59th place—up 174 spots—on the 2025 China Top 500 Private Enterprises list, becoming the top-ranked private enterprise in Chongqing.Meanwhile, the capital markets continue to show strong confidence in SERES’ future growth. In the past six months, nearly 40 securities firms have issued “Buy” ratings for SERES, with expectations that the company will maintain a strong growth trajectory throughout the second half of the year. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Lac Knife Graphite meets and exceeds U.S. DoD standards while delivering ~47wt.% large flake recovery for advanced material markets in recent pilot run conducted by AETCOttawa, Ontario--(ACN Newswire via SeaPRwire.com - September 2, 2025) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company") a Canadian developer of high-grade flake graphite deposits in Quebec, is pleased to announce results from a continuous pilot beneficiation program performed by American Energy Technologies Company ("AETC") on its 100%-owned Lac Knife project. The adjustment from 97.8% total graphite content ("TGC") to 95% TGC resulted in a substantial increase in coarse flake recovery. Large and jumbo flakes increased from approximately 33% to 47%, materially improving economics and diversifying market opportunities in a product portfolio approach planned by Focus.To achieve these results, Focus commissioned AETC to run an upstream beneficiation circuit consisting of 18 processing units connected in series in a continuous locked-cycle campaign. Over 800 kilograms of Lac Knife graphite-bearing rock was processed, producing a concentrate that not only met market specifications but also preserved natural flake size. By producing concentrate in line with real-world demand specifications, Focus maximizes downstream value while enhancing exposure to premium, non-battery markets.In Focus's original pilot plant testing program conducted at SGS Minerals ("SGS") in Lakefield (2013-2014), the objective of achieving a graphite concentrate grade of 97.8% TGC at 90.7% total recovery was successfully met. These results formed the technical foundation of the Lac Knife Feasibility Study (updated 2023), which outlined a process plant designed to produce 50,000 tonnes per year of graphite concentrate, including 47,781 tonnes of high-grade 97.8% TGC salable concentrate from a feed grade of 14.8% TGC. The process flow sheet developed through this work includes crushing, grinding, polishing, flotation, concentrate dewatering and drying, concentrate screening and bagging, and tailings filtration and loadout. While the Feasibility Study demonstrated Lac Knife's ability to deliver ultra-high-purity graphite, subsequent market feedback confirmed that such high purities are not required - and do not command a price premium - in most anode or industrial applications.As a benchmark, the U.S. Defense Logistics Agency ("DLA") Strategic Materials program has defined procurement specifications for natural graphite as -100 mesh concentrate. Lac Knife material comfortably exceeds U.S. defense-grade requirements, while simultaneously aligning with anode makers' specifications for EVs and stationary energy storage.Specification DLA RequirementFocus Graphite - AETC PilotFixed Carbon (TGC)≥ 94%95.5%Ash≤ 5%4.5%Volatile Matter≤ 1.2%0.63 wt.% (600 °C)Moisture≤ 0.5%

HONG KONG, Sep 3, 2025 - (ACN Newswire via SeaPRwire.com) - Driven by rapid digital technology development and the mega event economy, digital payments have become the mainstream payment method in Hong Kong and Mainland China. According to the Digital 2025: Hong Kong report1, Hong Kong had 5.78 million digital payment users in 2024, a year-on-year increase of 14.0%. Among them, 37.1% of users made mobile payments each month. Furthermore, 45% of consumer goods e-commerce purchases were made via mobile phones, reflecting strong demand for mobile payments.The Payment Cards Group Limited (“PCG”), a cloud-native payment processor and acquirer rooted in Hong Kong, participated in “The Best of the Best Masterchef Recommendation Restaurant (BOBM) 2025” awards organized by the Asia Art of Cuisine Society (AOC) on September 2, 2025. The event not only honored excellence across Hong Kong, Macau, and Mainland China’s food and beverage (“F&B") industries but also served as a key platform for exploring future development trends in F&B and related sectors.At the event, PCG officially launched “AbbyPay,” a POS-free digital payment solution. Designed to tackle current industry pain points, “AbbyPay” speeds up transaction processing and reduces operational costs for F&B and retail sectors, while helping merchants tap into new opportunities presented by the mega event economy. It also provides flexible, secure, and efficient payment support to Mainland F&B brands, facilitating rapid market entry into Hong Kong.PCG launches “AbbyPay,” a POS-free digital payment solution, at “The Best of the Best Masterchef Recommendation Restaurant (BOBM) 2025” awardsPCG team and Johnny Lai, Chairman of the Asia Art of Cuisine Society are pictured together“AbbyPay,” a next-generation POS-free payment solution enabling seamless payments anytime, anywherePowered by PCG, the “AbbyPay” SoftPOS app transforms any NFC-enabled Android smartphone (with iOS version on the roadmap) into a payment device, eliminating the high investment, complex operation, and maintenance costs of traditional POS terminals. Traditional POS terminals require an upfront fee of HK$1,000 to HK$2,000 each in Hong Kong, with some companies charging rental fees. SoftPOS allows existing NFC-enabled smartphones or tablets to process payments, thereby nearly eliminating such costs. This solution provides cost savings for Hong Kong merchants, particularly small and micro businesses like taxis, street market sellers, and delivery services. With no additional hardware required and virtually zero setup fees, merchants simply pay transaction fees, greatly easing their digital transformation journey. With just a smartphone, merchants can accept payments flexibly in various scenarios including restaurants, shops, markets, exhibitions, pop-up stores, transportation, and logistics—enabling low-cost payment experiences anytime, anywhere.Building three competitive advantages and elevating payment experienceBeyond its convenient and ready-to-use features, “AbbyPay” boasts three competitive advantages. First, powered by PCG’s cloud processor, it offers stable, powerful performance meeting the needs of large enterprises and small and medium-sized enterprises (SMEs) alike, providing efficient, flexible payment solutions. In F&B, waiter can collect payments at tables to enhance service efficiency and customer experience; in retail, salesperson can accept payments at the shop floor to reduce queues; at exhibitions or pop-up stores, the instant launch of the app enables rapid transactions; in transportation, drivers can collect fares directly on phones, freeing up POS terminal space; in logistics, delivery staff can collect cash on delivery; even in insurance, agents can use tablets to collect premiums, avoiding entry of sensitive card information. These applications boost business efficiency and create smoother payment experiences for consumers. Additionally, SoftPOS centralizes transaction management and leverages real-time backend data and automated financial reports to save significant labor and administrative costs, helping merchants optimize workforce allocation and reduce administrative expenses.Second, “AbbyPay” supports major payment methods including VISA, Mastercard, FPS, Alipay, WeChat Pay, Apple Pay, and Google Pay. Upon transaction completion, it instantly generates a QR code for customers to scan and download the electronic receipt, fostering a cashless and paperless society and promoting green and sustainable operation.Third, “AbbyPay” holds security certifications such as PCI DSS Level 1 and CPoC standards. It uses end-to-end data encryption, tokenization, and dynamic keys to provide security on par with traditional POS terminals. Moreover, it offers ready-to-use, secure payment solutions for SMEs without requiring dedicated IT resources or additional hardware, safeguarding cardholder information and reducing fraud risks to ensure secure payments for both consumers and merchants.Raymond Yiu, General Manager of PCG, said, “Despite significant operating pressures in Hong Kong industries, especially F&B and retail, challenges bring new opportunities. In particular, the mega event economy has created strong demand for flexible payment solutions. ‘AbbyPay’ delivers a range of benefits such as cost efficiency, environmental friendliness, secure transactions, ease of operation, and data privacy, enabling local F&B and retail businesses to accelerate digital transformation at lower cost while enhancing customer experience. Meanwhile, as more Mainland F&B brands enter Hong Kong, ‘AbbyPay’ offers rapid and secure payment support to facilitate their smooth market integration. We hope this innovative solution will accelerate digital transformation across industries and contribute to sustainable economic and environmental development in Hong Kong.”Exclusive offers to open a new chapter in mobile paymentsIn appreciation of the continued support from Yedpay and BBMSL users, new and existing merchants are invited to call the customer service hotlines (Yedpay: 3905 2568 / BBMSL: 3907 0308) to pre-register for complimentary priority access to “AbbyPay” upon its launch, enjoying POS-free payment acceptance anytime, anywhere. Furthermore, to support Hong Kong’s digital payment development, “AbbyPay” offers all merchants exclusive fee waivers, no annual fees or account setup fees, making it easier for merchants to adopt smart mobile payments.“AbbyPay” offers all merchants exclusive fee waivers, no annual fees or account setup fees, making it easier for merchants to adopt smart mobile paymentsRemark:1.The Digital 2025: Hong Kong report: https://datareportal.com/reports/digital-2025-hong-kongAbout Payment Cards Group (“PCG”)The Payment Cards Group Limited (“PCG”) is an innovative and leading payment technology company with operations in Hong Kong, Singapore, and the Asia-Pacific region. Established in 2016, PCG has become an acquirer with principal memberships in all major card schemes and e-wallet networks. Yedpay, a member of PCG, has firmly established itself as a digital payment acceptance business in Hong Kong. Meanwhile, A3A, another member of PCG, has developed a cloud-native payment processing platform that operates through RESTful APIs, significantly reducing costs and streamlining complex processes while providing users with real-time transaction data and insights. Furthermore, BBMSL, a core member of PCG, is a payment facilitator, dedicated to offering comprehensive digital payment solutions to Hong Kong’s small and medium-sized enterprises. As an acquiring processor, PCG serves as the backbone infrastructure of the entire payment industry by its Asia’s 1st cloud-based processing and settlement platform. Rooted in Hong Kong with a global vison, PCG seeks to empower merchants with cutting-edge payment technology solutions and drive high-quality development in the global payment ecosystem.For media enquiries, please contact:AJA (IR and Communications)Avy YuTel: (852) 9500 4443Email: avy.yu@ajacapital.com.hk / info@ajacapital.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Sep 2, 2025 - (ACN Newswire via SeaPRwire.com) - Organised by the Hong Kong Trade Development Council (HKTDC) and sponsored by the Cultural and Creative Industries Development Agency (CCIDA) of the Government of the Hong Kong Special Administrative Region (HKSAR), CENTRESTAGE – the annual gala event for the Asian fashion industry – takes place from 3 to 6 September 2025 at the Hong Kong Convention and Exhibition Centre. The prestigious opening event, CENTRESTAGE ELITES, took place last night at M+ in the West Kowloon Cultural District, with internationally acclaimed couturier Guo Pei presenting a stunning couture collection.The showcase at CENTRESTAGE ELITES marked the designer’s first solo couture show in Hong Kong. She presented more than 30 one-of-a-kind couture creations under the theme "Gilternity: An Everlasting Radiance” that drew inspiration from the dazzling, fleeting moment of flowing molten gold. Fusing traditional craftsmanship with modern art, the collection epitomises her unparalleled artistry and technical mastery. Guo Pei worked with students and researchers from Hong Kong Polytechnic University to collaborate on the opening piece for the show. It incorporated a unique luminous fabric, representing a breakthrough in the fusion of art and technology and highlighting a spirit of heritage and innovation in fashion design.Among the distinguished guests joining CENTRESTAGE ELITES were government officials, including Rosanna Law, Secretary for Culture, Sports and Tourism of the HKSAR Government. Celebrities, industry icons and fashion aficionados including Myolie Wu, Ayla Sham, Louise Wong, Ali Lee, Kathy Chow, Ashley Lin, Tiffany Lau and Elva Ni added a sprinkle of stardust to the event.Top models Qi Qi and Cissy Wang also made an appearance to show their support, with leading model Ella Yam showcasing Guo Pei's latest designs.Celebrating its 10th anniversary edition, CENTRESTAGE opens tomorrow (3 September) and sees a record participation of over 260 brands from 25 countries and regions. The UK is participating for the first time as Partner Country of the event, showcasing unique creations from various British designers. The four-day fashion spectacle is open to industry professionals and the public free of charge. The programme features more than 40 events, including around 30 fashion shows and parades, welcoming visitors from Hong Kong, Mainland China and overseas to experience the charm and creativity of Asia’s fashion capital. On Thursday, 4 September, Guo Pei will appear in person for a master sharing session, offering rare in-person insights into her creative journey and design philosophy.To ensure the event could be widely enjoyed, CENTRESTAGE ELITES was livestreamed across various official websites and online platforms. Fashion enthusiasts around the world can revisit the spectacular show on the following platforms:- CENTRESTAGE official website: https://www.hktdc.com/event/centrestage/en/livestream- CENTRESTAGE Instagram: https://www.instagram.com/centrestage_hktdc- HKTDC exhibition channel Facebook page: https://www.facebook.com/share/v/1AAMjms6eB/'mibextid=wwXIfr- HKTDC YouTube channel: https://www.youtube.com/live/dsECvOgiYNE'si=0OLm1S_9hXhjLiYIPhoto download: http://bit.ly/3HOnszlGuo Pei’s inaugural solo couture show in Hong Kong showcased a collection under the theme "Gilternity: An Everlasting Radiance".Joining the glittering spectacle at CENTRESTAGE ELITES were Rosanna Law, Secretary for Culture, Sports and Tourism of the HKSAR Government (seventh left); Prof Frederick Ma, Chairman of the HKTDC (seventh right); acclaimed fashion designer Guo Pei (sixth left); Andrew Leung, President of the Legislative Council (sixth right); Margaret Fong, Executive Director of the HKTDC (fifth left); Katherine Fang, Chairman of the HKTDC Garment Advisory Committee (fifth right); Vivian Sum, Permanent Secretary for Culture, Sports and Tourism of the HKSAR Government (fourth left); Dr Peter K N Lam, Council Member of the HKTDC (fourth right); Dr Lo Kam Wing, Council Member of the HKTDC (third left); Lowell Cho, Acting Commissioner for Cultural and Creative Industries of the HKSAR Government (second left); Sophia Chong, Deputy Executive Director of the HKTDC (second right); and Shirley Chan, Council Member of the HKTDC and other guests.Celebrities at CENTRESTAGE ELITESMyolie WuAyla ShamLouise WongAli LeeKathy ChowAshley LinTiffany LauElva NiGuo Pei’s couture collection under the theme "Gilternity: An Everlasting Radiance"Ella Yam- wearing collection under the theme “Gilternity: An Everlasting Radiance”The opening look – a special collaboration between Guo Pei and PolyU students and researchersFinale piece- worn by international supermodel Lauren de GraafWebsites- CENTRESTAGE: www.centrestage.com.hk- CENTRESTAGE buyer online registration: https://bit.ly/4m8mv33- CENTRESTAGE Instagram: https://www.instagram.com/centrestage_hktdc/'hl=en- Fashion Hong Kong: https://www.fashionhongkong.com.hk/en- Hong Kong Young Fashion Designers' Contest (YDC): www.fashionally.comMedia enquiriesBest Crew Public Relations & MarketingDiana Tang Tel: (852) 3594 6443 Email: diana.tang@bestcrewpr.comReni Kwok Tel: (852) 3594 6443 Email: reni.kwok@bestcrewpr.comHKTDC’s Communications and Public Affairs Department:Sharon Ha Tel: (852) 2584 4575 Email: sharon.mt.ha@hktdc.orgKaty Wong Tel: (852) 2584 4524 Email: katy.ky.wong@hktdc.orgHKTDC Newsroom: http://mediaroom.hktdc.com/enAbout the 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. About Cultural and Creative Industries Development Agency (CCIDA)The Cultural and Creative Industries Development Agency (CCIDA) established in June 2024, formerly known as Create Hong Kong (CreateHK), is a dedicated office set up by the Government of the Hong Kong Special Administrative Region (HKSAR Government) under the Culture, Sports and Tourism Bureau to provide one-stop services and support to the cultural and creative industries with a mission to foster a conducive environment in Hong Kong to facilitate the development of arts, culture and creative sectors as industries. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and cross-genre collaboration, promoting the development of arts, culture and creative sectors as industries under the industry-oriented principle, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community to implement Hong Kong’s positioning as the East-meets-West centre for international cultural exchange under the National 14th Five-Year Plan. CCIDA’s website: www.ccidahk.gov.hk. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

- The Hong Kong Watch & Clock Fair and Salon de TIME to be held from 2 to 6 September, attracting over 650 exhibitors from 15 countries and regions- The Watch & Clock Fair features eight major themed zones, covering a wide range of watch and clock products, providing buyers with a one-stop sourcing platform- Exhibitors will launch new products during the fairs, capitalising on market trends, and introducing items featuring Chinese cultural designs, crossover and products incorporating eco-friendly and innovative elements- Salon de TIME is once again open to both industry professionals and the public for free, offering an array of exciting activities, including luxury watch parades, new watch launches, lucky draws, and sessions for watch appreciation and tea art experiences, among othersHONG KONG, Sep 2, 2025 - (ACN Newswire via SeaPRwire.com) - The 44th HKTDC Hong Kong Watch & Clock Fair and the 13th Salon de TIME, jointly organised by the Hong Kong Trade Development Council (HKTDC), Hong Kong Watch Manufacturers Association Limited, and The Federation of Hong Kong Watch Trades & Industries Limited, open under the theme “Our Time Our Moments”.The two fairs have attracted over 650 exhibitors from 15 countries and regions, presenting a wide array of exquisitely crafted and distinctive watch and clock products. This year's exhibition features pavilions from Guangzhou, Taiwan, the Swiss Independent Watchmakers Pavilion (SIWP), and the French pavilion by Francéclat. It also welcomes the return of exhibitors from Germany, Japan, Lebanon and the Netherlands.The physical fairs will take place at the Hong Kong Convention and Exhibition Centre for five consecutive days, from 2 to 6 September. Meanwhile, the Click2Match AI-driven business matching platform is open until 13 September, allowing exhibitors and buyers to continue their negotiations online.Salon de TIME remains open to both industry professionals and the public for free. Some brands also provide on-site retail so the public can purchase directly.A comprehensive range of watch products and servicesAt the Hong Kong Watch & Clock Fair, there are eight specialised zones, providing a one-stop sourcing platform for global buyers. Among them, Pageant of Eternity showcases high-end finished watches produced through Original Equipment Manufacturing (OEM) and Original Design Manufacturing (ODM). Other zones include Complete Watches, Clocks, Machinery & Equipment, OEM Smart Watches, Packaging & Display, Parts, Components & Accessories, and Trade Services, covering a wide range of industry needs.Salon de TIME brings together over 140 global brands, marking a post-pandemic high. It features six themed zones, including this year's addition of the Microbrands, which showcases several unique niche brands offering high-value, creatively designed watches.The World Brand Piazza, now in its 15th year of collaboration with Prince Jewellery & Watch, remains a highlight of the fair especially for watch collectors. This year, it presents limited edition and prestige watches from nine major international brands: Baume & Mercier, Corum, Cvstos, DeWitt, Kerbedanz, Montblanc, Peonia Diamond, Sarcar, and Ulysse Nardin. Other zones include Renaissance Moment, Wearable Tech, Craft Treasure, and Chic & Trendy.This year, exhibitors are launching new products based on a close evaluation of current market trends. Some of the highlighted and innovative watches from the two fairs include:Watches with Chinese cultural elementsIn recent years, some watches have incorporated elements of traditional Chinese culture into their designs, earning recognition from international award bodies. This has drawn increased attention to domestic brands and watchmakers from Mainland China.- Ma Xushu, the first member from mainland China of the Académie Horlogère des Créateurs Indépendants (AHCI), along with fellow member Tan Zehua and independent watchmakers from mainland China, Qian Guobiao and Gong Xun, will showcase multiple watches that blend exquisite craftsmanship with Chinese cultural designs. (Booth: 3F-D03)- Shanghai Watch presents a timepiece that won the Gold Award at the 2025 MUSE Design Awards in the US, drawing inspiration from Shanghai's city flower, the white magnolia. The watch face features the traditional “Suzhou embroidery” technique, depicting upward-blooming magnolias. (Booth: 3F-D01)Introducing collaborative work to create synergySome watch brands are collaborating with popular film and anime IPs to launch joint series and limited-edition models. These collaborations aim to attract specific consumer groups and enhance brand visibility and influence.- During the fair, Zbioland and Harry Potter are unveiling the “Dynamic Snake” collaborative watch for the first time, a limited edition of 200 pieces. The titanium snake on the watch twists around the bezel when wound, and when fully wound, it can move for up to 45 seconds. (Booth: 3F-D03)- Local brand INFANTRY has collaborated with Super Dimension Fortress Macross to launch a watch series. Each watch comes with two sets of accessories, allowing anime enthusiasts to freely switch styles and showcase the fusion of anime spirit and watchmaking craftsmanship. (Booth: 3G-B16)Personalised and chic luxury designs attract young consumersIn recent years, the growing demand for unique designs and the desire to express personal style have led to the increasing popularity of niche watch brands. Some microbrands have captured the young consumer segment with their distinctive designs and affordable prices, such as eOne, Le Tandy, OVD, Sunrex and No Identity, all participating in this year's exhibition.The Swiss Independent Watchmakers Pavilion (SIWP) and the French pavilion Francéclat are also showcasing 19 uniquely designed, collectible European watch brands this year. In addition, the International Luxury Group (ILG) pavilion features 13 fashionable brands with diverse styles, including Cerruti 1881, Ducati Corse, Kenneth Cole, Police, Sandoz, Tsar Bomba and Timberland.- Swiss brand Sandoz has launched a sporty watch that combines mechanical and fashionable styles. The watch features a green skeleton dial that showcases the movement's operation and is equipped with luminous hands and silver hour markers for clear readability. (Booth: 3G-A08)- Point Tec, as one of Germany's largest-selling watch companies, is participating for the first time this year with three brands: Zeppelin, Bauhaus, and Ruhla. (3G-B13A)Recycled or sustainable materials meet environmental protection demandsThe market has increasingly valued environmental, social, and governance (ESG) based products. Some consumers have started to pay attention to the material sources, manufacturing locations, and production processes of watches, prompting some watch brands to switch to recycled or sustainable materials. To make it easier for buyers to purchase products that meet environmental standards, this year's exhibition continues to feature a Green Solutions Suppliers label to identify over 30 selected exhibitors showcasing sustainable watches, including:- German brand Lilienthal Berlin which follows the launch of the world's first watch with a case made from recycled coffee grounds last year, with a watch that features a dial made from recycled tea leaves, giving it a subtle tea fragrance. (Booth: 3F-D07)- Hong Kong brand Memorigin presents the Genesis Series (Ocean Blue) tourbillon watch, featuring a polished metal case paired with an eco-friendly strap jointly created with Austrian strap manufacturer Hirsch. The strap is made from ocean recycled yarn, making it both stylish and environmentally friendly. (Booth: 3F-C03)Smart trends bring new opportunities to the industryThe popularity of wearable smart devices has brought new opportunities to the watch industry. Many brands are actively developing features such as health monitoring, GPS, temperature measurement, and weather forecasting.- German brand Oskron has introduced a smartwatch that offers organ health scoring, health monitoring, personalised wellness guidance, and sub-health warnings. Drawing on data from 300,000 traditional Chinese medicine cases and advanced AI analysis, the watch enables users to gain a comprehensive understanding of their health status. (Booth: 3F-E03)- Exhibitor Longitude Limited (Hong Kong) presents the Fila's smartwatch, which helps wearers track calories burned during physical activities. (Booth: 1C-A02)Exciting activities welcome public participationSalon de TIME will offer a variety of special activities for the public, including a series of luxury watch parades and the launch of new watches. Several celebrities have been invited to the events, including Aka Chio, Michael Tong, and Kaman Kong, as well as Olympic karate medallists Grace Lau and Ariel Torres, and retired Hong Kong wheelchair badminton players Daniel Chan. In addition to bidding on special edition watches at an exclusive starting price through Smart Bidding, the public can participate in a lucky draw to win luxury watches.On the fourth day of the exhibition (5 September), Hong Kong metal engraving artist Carlos Koo will demonstrate the art of watch engraving. “Precision in Time, Peace in Tea” will take place on the fifth day (6 September), featuring watch collector Noel Wong and the President of the Hong Kong Association of Tea Tasting Masters and Sommeliers Limited, Stephen Cheung. They will offer a session that combines luxury watch appreciation and a tea art experience, allowing participants to enjoy the fusion of watchmaking craftsmanship and tea culture.Industry experts analyse development trendsThis year's Hong Kong Watch & Clock Fair has organised over 35 exciting activities, including seminars, forums, and networking events. Among these is the Hong Kong International Watch Forum, held today (2 September), featuring leaders from watch associations in Mainland China, Germany, France, Switzerland, Japan, and South Korea. They will share the latest trade data and industry trends from their regions and discuss global supply chain strategies.On the same day, the seminar Ancient Wisdom Meets Innovative Technology: Smart Wearables for Preventive Healthcare will feature medical experts from around the world. Speakers include Prof Hui Ka-kit, Director of the Center for East-West Medicine at UCLA, and Prof Zhang Qi-ming from the China Academy of Chinese Medical Sciences, among others. They will discuss how smart wearable devices can integrate with Eastern and Western medical concepts to monitor health.The Asian Watch Conference, taking place tomorrow (3 September) with the theme “Redefining Eternity: Trends, Values, and Visions in Watchmaking”, will feature a senior analyst from international market researcher Euromonitor International, who will discuss the latest developments in the watch market. Also speaking will be an independent watchmaker and chief representative from the SIWP, as well as a seasoned independent watch collector, member of the Academy of the Grand Prix d'Horlogerie de Genève (GPHG). They will share insights into the artistic concepts and philosophy behind independent watchmaking and microbrands.The exhibition will also feature renowned Chinese watchmakers and members of the AHCI, Ma Xushu and Tan Zehua. Along with Zhang Shusheng, a watch critic, collector, and the President of Macau Watch Association, they will explore the current state of development for Chinese independent watchmakers and the essence of independent watchmaking.Additionally, the HKTDC, the Federation of Hong Kong Watch Trades & Industries Limited, and the Hong Kong Watch Manufacturers Association Limited are organising the 42nd Hong Kong Watch & Clock Design Competition. It aims to promote exchanges in watch design and nurture local creative talent. The themes for this year are "Memorable" for the open group and "Believe in Yourself" for the student group. The competition continues to feature the Made-to-Sell Award, recognising student entries with significant market potential.Celebrity Bowie Cheung served as a guest judge and will attend the award ceremony. Winning and shortlisted entries will be displayed during the exhibition, with the award ceremony taking place on 6 September at the event stage.Scan2Match extends online connections with exhibitorsThe two fairs will continue to be held in the EXHIBITION+ hybrid model, with the AI-driven “Click2Match” business matching platform opening one week before the physical fairs, from 26 August to 13 September. This enables exhibitors to identify suitable buyers and conduct online meetings at their convenience.HKTDC also provides its Scan2Match offline-to-online service, allowing buyers to scan exhibitor QR codes at the fairs using the HKTDC Marketplace app. Buyers can also use the app to bookmark favourite exhibitors, browse product information and the interactive floor plan, make enquiries and chat online with exhibitors during and after the fair.CENTRESTAGE will be held from 3 to 6 September at the HKCEC bringing together fashion brands and designer collections from around the world. Attendees will have the opportunity to explore the latest products from approximately 400 watch and fashion brands.Photo download: http://bit.ly/4628nlJThe 44th HKTDC Hong Kong Watch & Clock Fair and the 13th Salon de TIME opened today. Guests at the opening ceremony included Maggie Wong (centre), HKSAR Permanent Secretary for Commerce and Economic Development; Margaret Fong (fourth right), HKTDC Executive Director; Ethan Cheung (first right) and Vincent Chan (first left), Co-chairmen of HKTDC Hong Kong Watch & Clock Fair 2025 Organising Committee; Gary Lau (fourth left), Chairmanship of the HKTDC Watches & Clocks Advisory Committee; Kan Lam (second right), Chairman of the Federation of Hong Kong Watch Trades & Industries Limited; Raymond Cheng (third right), Principal Honorary President of the Federation of Hong Kong Watch Trades & Industries Limited; Richard Leung (second left), President of the Hong Kong Watch Manufacturers Association Limited; Lawrence Chan (third left), Chief Honorary President of the Hong Kong Watch Manufacturers Association Limited, and various industry representativesThe Hong Kong Watch & Clock Fair showcases a wide variety of exquisitely crafted timepieces, accessories, and components, offering a one-stop sourcing and trading platform for global buyersSalon de TIME features over 140 international brands and comprises six major themed zones, all of which are open to the publicSponsored for the 15th consecutive year by Prince Jewellery & Watch, the World Brand Piazza showcases nine world-class watch brandsDuring the exhibition, multiple luxury watch launch events and watch parades are held, , providing an impressive visual experience for attendeesThe winning and shortlisted entries of the 42nd Hong Kong Watch and Clock Design Competition are currently on display in the foyer of Hall 1, showcasing local creative talentMedia enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Johnny Tsui Tel: (852) 2584 4395 Email: johnny.cy.tsui@hktdc.orgWebsitesHong Kong Watch & Clock Fair: https://www.hktdc.com/event/hkwatchfair/enSalon de TIME: https://www.hktdc.com/event/te/enHKTDC Media Room: mediaroom.hktdc.comAbout 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. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Sep 2, 2025 - (ACN Newswire via SeaPRwire.com) - On August 29, Yuzhou Group Holdings Company Limited (01628.HK) announced that its offshore debt management and restructuring efforts, which spanned over three years, have yielded decisive results. The offshore restructuring has officially taken effect, marking a key step in improving the Company’s liquidity and optimizing its financial structure, laying a solid foundation for future robust operations.Optimize Capital Structure, Enhance Financial Stability and Achieve Sustainable DevelopmentAfter multiple rounds of negotiations, the final arrangement encompassed 15 senior notes, one perpetual bond, four secured notes, one syndicated loan, and one bilateral loan. As consideration for the restructuring, Yuzhou Group issued new bonds with an optimized structure, including short-term, medium-term, and long-term bonds. This arrangement significantly reduced financing costs, lowered the Group’s outstanding offshore debt, alleviated financial pressure, optimized its capital structure, and enhanced financial soundness and sustainability.Gain Support from Shareholders and the Market, Consolidate the Interests of all Parties, and Work Together to Move ForwardAs a key component of the plan, certain creditors will receive 5,645 million newly issued shares, representing approximately 37.94% of Yuzhou Group’s issued shares after the restructuring. This further solidified the shared interests of creditors and the Company. In addition, Yuzhou Group raised nearly HK$100 million through a rights issue to cover restructuring-related expenses and replenish working capital. The arrangement not only set a market precedent but also garnered a positive response from minority shareholders, reflecting strong recognition and confidence from shareholders and the market in both the rationale of the plan and the Group’s future development prospects.The core objective of this restructuring plan was to adjust the scale of Yuzhou Group’s offshore debt to a reasonable level, restore the soundness and sustainability of the capital structure, and ensure the continued operation and healthy development of the business. At the same time, the plan aims to ease liquidity pressure, align the new repayment schedule with the operating environment of China’s real estate industry and the Group, and ensure the fair treatment and protection of all stakeholders’ rights, striving to maximize overall value.Respond to Policy Calls, Fulfill Social Responsibilities, and Consolidate Corporate ValueFollowing the completion of the restructuring, Yuzhou Group will continue to respond to policy initiatives, fulfill its commitment to “guaranteeing housing delivery”, strengthen cash flow management, enhance internal revenue generation capabilities, and ensure stable business operations. Structural deleveraging measures are expected to help the Group achieve a long-term sustainable capital structure and reduce overall operational risks. The Company will steadily enhance its operating capacity and remain focused on creating value for all stakeholders.Industry observers note that the completion of the restructuring not only relieves near-term financial pressure but also represents an important step for Yuzhou Group in pursuing long-term stability and growth amid the ongoing adjustment of China’s real estate sector. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Aug 25, 2025 - (ACN Newswire via SeaPRwire.com) - The Payment Cards Group Limited (“PCG”), a cloud-native payment processor and acquirer, continues to advance digital transformation and sustainable development in Hong Kong through innovative payment technologies. In July 2025, PCG and its subsidiaries Yedpay and BBMSL demonstrated their industry leadership at both international and local events by sharing insights on strategic partnerships, showcasing its innovative “SoftPOS” payment solution, and launching promotional offers with PayMe. These efforts help merchants enhance competitiveness and operational efficiency while driving industry transformation and supporting the development of a green economy.Pioneering green payment innovation: Yedpay “SoftPOS” empowers NFC-enabled smart devices as secure payment terminalsOn July 9, 2025, PCG’s digital payment acceptance business, Yedpay, introduced its groundbreaking digital payment solution, “SoftPOS,” at the Low Carbon Living Symposium 2025. Powered by PCG’s innovative technology, “SoftPOS” transforms any NFC-enabled smart device into a secure payment terminal, facilitating a cashless society while reducing hardware waste. Featuring bank-level encryption and PCI DSS compliance, “SoftPOS” delivers transaction security equivalent to traditional terminals while offering superior speed and adaptability. During the event, SUNMI collaborated with Yedpay to demonstrate a practical merchant implementation through integration with their Smart Desktop Terminal. In addition to minimizing hardware requirements, the seamless operations of “SoftPOS” enhances the one-tap payment functionality in the retail and F&B sectors and enables merchants to implement cashless payments within minutes. It also supports green lifestyle reward programs such as GreenCorner, further promoting sustainable consumption and commerce.PCG shares strategic partnership insights at MarTech Summit Hong Kong 2025On July 8, 2025, Andy Leung, former Marketing Director of PCG, spoke at the MarTech Summit Hong Kong 2025, a global marketing technology event. During the panel discussion themed “Collaborative Marketing - Unlocking Growth Through Strategic Partnerships,” he shared how PCG drives payment innovation and creates long-term value for businesses through cross-industry strategic collaboration. He highlighted the critical role of partnerships in enhancing brand competitiveness, building lasting customer relationships, and accelerating industry transformation. During the panel discussion, representatives from Shake Shack, Mox, a digital bank backed by Standard Chartered, and Jebsen Group also shared insights on strategic partnerships from their respective industry perspectives.BBMSL collaborates with PayMe to launch promotions, fostering market expansion for merchantsSince BBMSL, a payment solutions provider under PCG, became a payment acquirer for digital wallet, PayMe by HSBC, last year, the two companies have continued to strengthen their partnership. Recently, BBMSL teamed up with PayMe to launch promotions sponsored by PayMe for merchant partners, More Yogurt and Toys“R”Us:1.Chillout with PayMe! PayMe drink voucher* — Spend HK$30 or more with PayMe at any More Yogurt outlet (excluding Tai Po YATA store) and receive a HK$3 discount on your entire transaction. Offer valid until October 31, 2025.2.Toys“R”Us Instant Discount Offer* — Spend HK$500 or more with PayMe at Toys"R"Us and receive a HK$20 discount on your entire transaction. Offer valid until August 31, 2025.BBMSL aims to leverage these promotions to help merchants drive sales and deepen customer engagement in today’s challenging consumer market, thereby enhancing brand value. Beyond its continued focus on payment innovation, PCG and its subsidiaries are committed to fostering digital transformation and sustainable development across industries through strategic partnerships and data-driven marketing, creating shared success for merchants, consumers, and the environment. *Please refer to the PayMe app for promotion details, terms, and conditions,About Payment Cards Group (“PCG”)The Payment Cards Group Limited (“PCG”) is an innovative and leading payment technology company with operations in Singapore, Hong Kong and the Asia-Pacific region. Established in 2016, PCG has become an acquirer with principal memberships in all major card schemes and e-wallet networks. Yedpay, a member of PCG, has firmly established itself as a digital payment acceptance business in Hong Kong. Meanwhile, A3A, another member of PCG, has developed a cloud-native payment processing platform that operates through RESTful APIs, significantly reducing costs and streamlining complex processes while providing users with real-time transaction data and insights. As an acquiring processor, PCG serves as the backbone infrastructure of the entire payment industry by its Asia’s 1st cloud-based processing and settlement platform. Rooted in Hong Kong with a global vison, PCG seeks to empower merchants with cutting-edge payment technology solutions and drive high-quality development in the global payment ecosystem. For more information, please visit PCG’s website: https://www.yedpay.com/en/For media enquiries, please contact:AJA (IR and Communications)Avy YuTel: (852) 9500 4443Email: avy.yu@ajacapital.com.hk / info@ajacapital.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Aug 25, 2025 - (ACN Newswire via SeaPRwire.com) - Dida Inc. (“Dida” or the “Company”, Stock Code: 02559.HK), a leading technology-driven mobility platform, announced the audited consolidated annual results for the six months ended June 30, 2025.Financial Highlights:- Revenue was RMB 286.3 million for the six months ended June 30, 2025, compared to RMB 404.1 million for the six months ended June 30, 2024.- Gross profit was RMB191.8 million for the six months ended June 30, 2025,compared to RMB 296.1 million for the six months ended June 30, 2024.- Net profit was RMB134.3 million for the six months ended June 30, 2025,compared to RMB 947.9 million for the six months ended June 30, 2024.- Adjusted net profit (non-IFRS measure) increased by 4.7% from RMB129.7 million for the six months ended June 30, 2024 to RMB135.8 million for the six months ended June 30, 2025.Operation Highlights:- Gross transaction value amounted to RMB 2,608 million and total number of orders reached 43.2 million for the six months ended June 30, 2025.- Registered users reached over 395 million as of June 30, 2025.- Certified private car owners reached 19.9 million.- During the first half of 2025, the order volume for our station-based carpooling model increased month by month.Business OutlookCarpooling marketplace businessRiders on our carpooling platform can access low-cost mobility options and enjoy quality experience. Private car owners can save money on gas and tolls by sharing traveling expenseswith riders. Carpooling also brings about numerous societal benefits, such as reducing carbon emissions and mitigating traffic congestion.We believe the primary reason riders choose carpooling is its pricing, while the pain point for car owners is the cost of detours. This year, we continue to focus on optimizing our station-based carpooling model to further reduce detour distances for car owners and fares for riders. During the first half of 2025, the order volume for our station-based carpooling model increased month by month. It is also noteworthy that carpooling travel has distinct route specific characteristics. Unlike ride-hailing service, there is a potential semi-acquaintance relationship between drivers and riders. In the first half of this year, we experimented with enhancing these semi-acquaintance interactions between drivers and riders and achieved positive results.We believe that compared to the current door-to-door pickup model, It is more reasonable for private car owners to pick up passengers with no or minimum detour, while accept riders to pay at a discounted fare. Unlike the transactional nature of ride-hailing services, drivers and riders in carpooling lead to a more equal interaction. They may come from similar social,economic, or geographical backgrounds. In the future, we will continue to explore the unique characteristics of our business to provide users with an affordable, efficient and equitable ride-sharing experience.We will continue to enhance the user experience on our platform. In the second half of the year, we plan to work with ride-hailing platforms to address the needs of those carpooling riders who are not able to find matching private car owners and other on-demand travel needs. We believe this will enhance our platform’s ecosystem and service offerings.Additionally, our platform has attracted nearly 20 million private car owners. This year,we intend to collaborate with partners to provide private car owners with more aftermarket service offerings such as repair and maintenance, financing, insurance and used car trading.Taxi businessIn selected cities where we have already entered into strategic cooperation agreements, we continue to engage with all relevant stakeholders, including local authorities, taxi industry associations, taxi companies, and taxi drivers to implement dynamic pricing solutions.For the full announcement of Dida for the six months ended June 30, 2025, please visit:https://manager.wisdomir.com/files/594/2025/0822/20250822203001_23855082_en.pdfAbout Dida Inc.Dida Inc. (“Dida” or the “Company”, Stock Code: 02559.HK) is a leading technology-driven mobility platform in China. The Company creates more transit capacity with less environmental impact by providing carpooling marketplace services to pair up riders with private car owners if they are heading in similar directions at compatible times. It also provides smart taxi services, aiming to improve the efficacy and efficiency of relevant stakeholders in the taxi industry in China. Dida makes the mobility ecosystem greener and more efficient, and each trip experience warm and enjoyable.Forward-Looking StatementsThis press release contains forward-looking statements relating to the business outlook, forecast business plans and growth strategies of the Company. These forward-looking statements are based on information currently available to the Company and are stated herein on the basis of the outlook at the time of this press release. They are based on certain expectations, assumptions and premises, some of which are subjective or beyond the control. These forward-looking statements may prove to be incorrect and may not be realized in future. Underlying the forward-looking statements is a large number of risks and uncertainties. Further information regarding these risks and uncertainties is included in the other public disclosure documents on the corporate website. Copyright 2025 ACN Newswire via SeaPRwire.com.

Brisbane, Queensland, Australia--(ACN Newswire via SeaPRwire.com - August 21, 2025) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce that as a result of strong investor demand, the Company has increased the size of its previously announced "bought deal" public offering (the "Underwritten Offering") from gross proceeds of approximately C$5,000,000 to gross proceeds of approximately C$6,000,000. Pursuant to the upsized Underwritten Offering, Red Cloud Securities Inc. ("Red Cloud"), as sole underwriter and bookrunner, has agreed to purchase for resale 6,666,667 units of the Company (each, a "Unit") at a price of C$0.90 per Unit (the "Offering Price").Each Unit will consist of one common share of the Company (each, a "Unit Share") and one common share purchase warrant (each, a "Warrant"). Each Warrant shall entitle the holder to purchase one common share of the Company (each, a "Warrant Share") at a price of C$1.35 at any time on or before that date which is 36 months after the Closing Date (as herein defined).The Company has granted to the Underwriter an option (the "Over-Allotment Option", and together with the Underwritten Offering, the "Offering"), exercisable, in whole or in part, at any time for a period of up to 30 days after and including the Closing Date, to purchase for resale the number of additional Units equal to up to 15% of the number of Units sold pursuant to the Underwritten Offering at the Offering Price to cover over allotments, if any, and for market stabilization purposes.The net proceeds from the Offering will be used by the Company to fund ongoing operations including, but not limited to, commercial development, product development and working capital. In connection with the Offering, the Company intends to file a prospectus supplement (the "Supplement") to the Company's final short form base shelf prospectus dated March 7, 2025 (the "Shelf Prospectus"), with the securities regulatory authorities in each of the provinces and territories of Canada, except Quebec. The Units may also be sold in the United States on a private placement basis pursuant to one or more exemptions from the registration requirements of the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and in such other jurisdictions outside of Canada and the United States, in each case in accordance with all applicable laws provided that no prospectus, registration statement or similar document is required to be filed in such jurisdiction, and provided the issuance of the Units (including the underlying securities) is permitted under laws applicable to the Company (including the Australian Corporations Act 2001 (Cth).Copies of the Shelf Prospectus and the Supplement to be filed in connection with the Offering, can be found on SEDAR+ at www.sedarplus.ca. The Shelf Prospectus contains, and the Supplement will contain, important detailed information about the Company and the Offering. Prospective investors should read the Supplement, the Shelf Prospectus and the other documents the Company has filed on SEDAR+ at www.sedarplus.ca before making an investment decision.The Offering is expected to close on or about September 3, 2025 (the "Closing Date"), or on such date as agreed upon between the Company and Red Cloud. The closing of the Offering is subject to the Company receiving all necessary regulatory approvals, including the approval of the TSX Venture Exchange to list, on the Closing Date, the common shares of the Company issuable from the sale of Units as well as upon the exercise of the Warrants.This press release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the U.S. Securities Act, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws.About GMGGMG is an Australian-based clean-technology company, which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in-house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low-cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy saving coating), which is now being marketed into other applications, including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium ion batteries.GMG's 4 critical business objectives are:Produce Graphene and Improve/Scale Cell Production ProcessesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking StatementsThis news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the expected size and terms of the Offering, the anticipated timing of closing the Offering, the ability of the Company to satisfy all conditions to closing the Offering, and the expected use of proceeds from the Offering.Such forward-looking statements are based on a number of assumptions of management, including, without limitation, expectations and assumptions concerning the business objectives of the Company; the Company's ability to carry out current planned capital projects, research and development, manufacturing, production, sales and marketing programs for its graphene and graphene-enhanced products and solutions; that the Company will receive the necessary regulatory approvals for the Offering; use the proceeds from the Offering as anticipated; the Company's performance and general business and economic conditions.Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: the risk that the Company is not able to use the proceeds from the Offering as anticipated by management; the risk that the Company does not receive the requisite regulatory approvals for the Offering; overall economic conditions; technical de-risking and market acceptance for the Company's products and solutions; the introduction of competing technologies or products; stock market volatility; environmental and regulatory requirements; competitive pressures; change in market conditions and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied in these forward-looking statements; the volatility of global capital markets; political instability; the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel; unexpected development and production challenges; unanticipated costs and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated October 3, 2024 available for review on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws.NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATESTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/263313 Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Aug 21, 2025 - (ACN Newswire via SeaPRwire.com) - Ta Yang Group Holdings Limited (“Ta Yang Group” or the “Group”; Stock Code: 1991), a well-established Hong Kong-listed company with nearly two decades of market presence, plans to further advance comprehensively into the Web 4.0 field and artificial intelligence (AI) industry. The Group will leverage AI Digital Humans as its subsequent growth engine, integrating a Real World Assets (RWA) tokenization operation platform with its inherent global traffic marketing operation system to strategically deploy across three trillion-dollar sectors: education, gaming, and big health.Against the backdrop of AI fueling a new wave of global digitization, AI is evolving from a “technological tool” to the “core of transformation” for many enterprises, driving industries to change work methods, overcome efficiency boundaries, and reshape value paradigms. IDC research indicates that for every dollar invested in generative AI, enterprises can achieve a return on investment of 3.7 times; companies deeply embracing AI have realized an average value return cycle of 13 months. Over 50% of organizations are accelerating customized AI application development, converting short-term gains into long-term competitive advantages. PwC forecasts that by 2030, AI will be a global economic game-changer, contributing up to US$15.7 trillion in growth and adding approximately 26.1% to China’s GDP. It is no surprise that AI Digital Humans, as the core multi-modal interactive carriers across industries, are gradually transitioning from concept to industrial implementation.In 2023, the Group invested in Jusheng Technology Co., Ltd. (“Jusheng Technology”), a professional digital marketing services company. Jusheng Technology plans to launch its independently developed AI Digital Humans, integrating leading technologies such as machine learning, natural language processing (NLP), computer vision (CV), speech synthesis/recognition (TTS/STT), and compatible with the xAI Grok API. This AI Digital Human is at an industry-leading level and will be introduced to three major scenarios: education, gaming, and big health. This includes, but is not limited to: a “Virtual Teacher” AI Digital Human that can adjust speaking speed and learning difficulty in real time based on students’ attention; AI NPCs in games with personalized storylines that evolve based on different player choices; and a “Health Companion” AI Digital Human offering proactive suggestions based on individuals’ 24/7 health data such as heart rate and blood pressure. The Group plans a “phased iterative and gradual open” strategy, expecting to complete the core modules and underlying technology integration within six months, release AI Digital Human prototypes for the three scenarios in the following 6 to 18 months, and integrate these into Jusheng Technology’s marketing matrix. Between 18 and 36 months, the Group aims to open related APIs or SDKs and attract global developers to build an open ecosystem.Additionally, the Group intends to take advantage of this AI and digital transformation opportunity by using blockchain-based RWA to enable off-chain cash flow-generating asset projects to be captured in real time by AI Digital Humans and recorded in smart contracts. The Group will structure and issue layered packages of assets including educational copyrights and gaming IPs tailored to investors’ risk preferences. The target for this type of asset issuance is to pilot 10 high-quality projects in the first year, with plans to expand to 100 projects within three years, involving total asset values of HK$500 million. The Group aims to serve total asset values exceeding HK$5 billion within five years, establishing a multi-domain RWA asset operation platform.It is noteworthy that RWA transactions eliminate the need for traditional brokers or intermediaries, enabling a direct connection between the physical economy and virtual markets. According to Boston Consulting Group estimates, the RWA tokenization market could grow to a valuation of US$16 trillion by 2030, underscoring its vast market potential and promising outlook.Leveraging Jusheng Technology’s 20 years of cross-border marketing experience, Ta Yang will build a traffic system characterized by “comprehensive coverage + intelligent operation + scalable growth.” Jusheng Technology’s platforms cover overseas social media such as TikTok, Instagram, Facebook, as well as domestic channels like Douyin and WeChat Video Accounts, facilitating global user reach for customers. Utilizing AI technology, processes such as account nurturing, content generation, and targeted delivery will be fully automated to reduce operational costs and improve customer acquisition efficiency. Based on this, Ta Yang Group has a clear user growth target: to attract 1 million users in the first year to form an initial traffic pool, reach over 10 million users within three years, and build a native Web 4.0 traffic pool of hundreds of millions of users within five years, creating a “traffic – conversion – repurchase” cycle.Ms. Shi Qi, Chairlady of Ta Yang Group, stated, “Ta Yang is unveiling its AI transformation blueprint and formally entering the digital asset arena, marking a significant milestone for the Group and opening a new chapter for future development. We are grateful for investors’ recognition and confidence in our growth. As a well-established Hong Kong-listed company with nearly two decades of market history, this entry into the AI industry is expected to generate four types of revenue: income from AI Digital Human-driven traffic; revenue from providing AI+RWA one-stop financing consultancy services to SMEs; matchmaking fees related to RWA transactions, as well as digital advisory subscription fees; and multilingual, multicultural AI customer service and marketing outsourcing fees charged on a per-project or annual basis. Benefiting from its business model, Jusheng Technology has maintained positive cash flow in recent years, providing ample resources for this broader AI and digital transformation initiative. As the Group’s vision through Jusheng Technology in AI gradually materializes, we look forward to creating greater value and delivering promising returns for our shareholders.”About Ta Yang Group Holdings Limited (SEHK: 1991.HK)Ta Yang Group Holdings Limited (Stock Code: 1991) was established in 1991 and successfully listed on The Stock Exchange of Hong Kong Limited in 2007. It is a diversified enterprise combining three decades of industry experience with a forward-looking digital vision. Since its founding, the Group initially focused on the field of silicone input devices, specializing in the design and manufacture of core components used in consumer electronic devices, computers, laptops, mobile phones, and automotive peripherals. Leveraging a highly integrated production system, stringent quality control, and technological innovation capabilities, the Group has earned long-term trust from numerous globally renowned brand clients, laying a solid industrial foundation.With the deepening wave of global digital transformation, Ta Yang Group has keenly identified strategic opportunities in the digital economy era and decisively launched a comprehensive strategic transformation toward the Web 4.0 domain. Centered on “embracing technological change and reshaping the value ecosystem,” the Group precisely anchors on three core drivers: artificial intelligence (AI), Real World Assets (RWA) tokenization, and Hong Kong’s policy ecosystem. It is dedicated to bridging the transformation chain of “data — assets — value,” marking its leap from a traditional manufacturing enterprise to a digital economy pioneer.Currently, Ta Yang Group regards its Web 4.0 strategic transformation as a new starting point, focusing on the three trillion-dollar sectors of education, gaming, and big health. It aims to become a leading enterprise in the Asia-Pacific region across the dual arenas of AI and RWA, providing efficient value growth ecosystems for global investors, partners, and individual users. The Group is committed to continuously advancing high-quality development of the global digital economy and writing a new chapter from being an “industry deep cultivator” to a “digital ecosystem builder.” Copyright 2025 ACN Newswire via SeaPRwire.com.

2025 Interim Results Highlights- Total revenue increased by 9.40% YoY to approximately NTD585.31 million- Gross profit increased by 28.98% YoY to approximately NTD201.97 million- Overall gross profit margin rose by 5.24 percentage points to approximately 34.51%- Total comprehensive income attributable to owners of the Company for the period increased significantly by118.02% YoY to approximately NTD68.24 million- Revenue from turnkey solutions reached approximately NTD113.69 million- Basic earnings per share increased by 25.84% YoY to approximately NTD4.87 centsHONG KONG, Aug 21, 2025 - (ACN Newswire via SeaPRwire.com) - Genes Tech Group Holdings Co. Ltd (“Genes Tech Group” or “The Group”, Stock Code: 8257.HK) announces its interim results for the six months ended 30 June, 2025 (“During the period”). During the period, the Group’s performance demonstrated steady growth. The total revenue of the Group reached approximately NTD585.31 million, representing a year-on- year (“YoY”) increase of 9.40%. Total comprehensive income attributable to owners of the Company for the period amounted to approximately NTD68.24 million, representing a significant YoY increase of 118.02%. Basic earnings per share were approximately NTD4.87 cents, representing a YoY increase of 25.84%.During the period, revenue from turnkey solutions amounted to approximately NTD113.69 million, accounting for approximately 19.42% of the Group’s total revenue. The revenue from trading of parts and used SME amounted to approximately NTD471.62 million, accounting for approximately 80.58% of the Group’s total revenue. The Group adheres to its core strategy of prudence and stability, striving to strengthen the stability and continuity of cooperation with existing international clients while actively expanding new clientele to diversify risks. During the period, the Group’s revenue from operations in the United States increased significantly by 78.54% from last year, accounting for approximately 38.68% of the total revenue of the Group, while revenue from operations in Taiwan increased by 48.97% from last year, accounting for approximately 49.69% of the total revenue the Group.In the first half of 2025, the global semiconductor market continued its growth momentum. Driven by new technologies such as AI, the penetration rates of new technologies and products in areas such as automotive electronics, new energy, the Internet of Things, big data and artificial intelligence continued to rise. Furthermore, the deepening development of cutting-edge technologies such as “AI+” and “5G+”, along with the rapid growth in demand for AI computing power, have become key drivers of semiconductor demand, creating a favorable development environment for semiconductor companies. According to the latest report from the Semiconductor Industry Association (SIA), global semiconductor sales reached USD59 billion in May 2025, up 19.8% from USD49.2 billion in May 2024, marking 19 consecutive months of year-on-year growth and a 3.5% increase from the previous month. The growth in the global chip market was primarily driven by strong demand from the Americas and Asia- Pacific regions.Mr. Yang Ming-Hsiang, Chairman and Chief Executive Officer concluded: “Driven by the strong momentum of AI technology, the semiconductor industry is entering a period of rapid growth in economic profits. However, amidst the current volatile international landscape, the semiconductor industry faces challenges in supply chain stability. The Group will assess the situation, pursue progress while maintaining stability, and continuously enhance its core value and competitiveness to create sustainable long-term investment returns for shareholders.”About Genes Tech Group Holdings Co. Ltd (Stock Code: 8257.HK)Genes Tech Group Holdings Co. Ltd is a turnkey solution provider and exporter of parts and used SME in Taiwan. Since the commencement of its business in 2009, the Group mainly engaged in providing turnkey solution for parts and used SME for its customers and modifying and/or upgrading the semiconductor equipment of its production systems according to customers needs. In addition, the Group is also engaged in the trading of SEM and parts. The SME and parts supplied by the Group included furnaces, clean tracks and other related items, which were used at the front-end of the semiconductor manufacturing process, wafer fabrication such as deposition, photoresist coating and development, and these were extensively applied in mobile phones, game consoles, DVD players, automotive sensors and other digital electronic products.The press release is distributed by Vitalink Consultants Limited on behalf of Genes Tech Group Holdings Co. Ltd. For enquiry, please contact:Ms. Natural Lau Tel: (852) 2529 7999 Email: Natural.lau@vitalink.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Aug 22, 2025 - (ACN Newswire via SeaPRwire.com) - Everbright Grand China Assets Limited ("Everbright Grand China" or the "Group"; HKEX stock code: 03699.HK), a subsidiary of China Everbright Group, principally engaged in the businesses of property leasing, property management and the sales of properties held for sale, announced its interim results for the six months ended 30 June 2025 ("Reporting Period").During the Reporting Period, revenue of the Group was approximately RMB24.5 million, representing an increase of approximately RMB0.6 million as compared with 2024. Profit attributable to equity shareholders was approximately RMB10.1 million, representing a decrease of approximately RMB1.3 million as compared with 2024, mainly attributable to the increase in the PRC income tax and deferred taxation. Gross profit was approximately RMB18.1 million, representing an increase of approximately RMB0.6 million as compared with 2024. Basic earnings per share of the Group was approximately RMB2.30 cents (2024: RMB2.59 cents). The Board declared an interim dividend of RMB0.73 cents (equivalent to HK0.80 cents) per ordinary share.Considering that the current operating environment remains relatively challenging, the Board declared an interim dividend of RMB0.73 cents (equivalent to HK0.80 cents) per ordinary share, as a token of appreciation to shareholders for their continuous support. In the second half of the year, the Company will decide on dividend distribution taking into account factors such as business development needs, financial performance and capital position, as well as performance growth, in order to bring the best return to the Company's shareholders and investors.In 2025, global economic environment continues to be characterized by uncertainties. Factors such as geopolitical risks, inflationary pressures and monetary policy adjustments in major economies around the world continue to affect market confidence and capital flows. Nevertheless, the overall stability of China’s economy, the gradual rebound of the consumer market and the continued optimization and upgrading of the industrial structure have provided a solid foundation for the development of the property management and leasing industry.For the six months ended 30 June 2025, the Group generated rental income of approximately RMB17.0 million (2024: RMB16.3 million), representing an increase of approximately RMB0.7 million as compared to the same period last year. The Company’s properties maintained an occupancy rate of approximately 81%, with the overall leasing market performing solidly, although newly signed rents declined compared to the previous period. In the face of downward pressure on rents, the Group will enhance its consolidated earning power by adding additional services to new leases to mitigate the impact of lower rents on overall revenue. This not only enriches the service offerings, but also helps to enhance customer stickiness and satisfaction, further consolidating the Group’s market competitiveness.During the period, revenue from the property management services was approximately RMB7.5 million (2024: RMB7.6 million), representing a decrease of approximately RMB0.1 million as compared to the same period last year. In terms of property portfolio strategy, the Group actively promotes tenant diversification to mitigate industry risks and adapt to the accelerated rise and fall of market environment of various industries. The Group’s existing properties are mainly concentrated in two core cities of Chengdu in Sichuan Province and Kunming in Yunnan Province, covering three commercial buildings, namely Everbright Financial Center, Everbright International Mansion and Ming Chang Building, with a total gross floor area of approximately 89,507 square meters. Benefiting from its excellent geographical location and sound property quality, it has attracted a large number of state-owned enterprises and large organizations to move in and has a solid leasing base. In the future, the Group will promote business diversification to enhance its overall risk-resistant capability.In terms of overseas investment, the Group is evaluating investment opportunities in international markets and is cautiously optimistic about overseas markets. Notwithstanding the volatility of the global economy, the Group will adhere to the principle of prudence and flexibility in its investment horizon to ensure the safety and profitability of its capital operations.As at 30 June 2025, The Group maintained cash and bank balances and bank deposits of approximately RMB236.2 million (31 December 2024: RMB231.5 million). The Group’s gearing ratio, being measured by the Group’s total liabilities over its total assets, was 18.6% (31 December 2024: 18.0%). The Group’s liquidity position was well-managed.Looking ahead to the second half of 2025, there are no new property management projects for the time being, despite favourable lease performance in the first half of the year. The Group is actively looking for suitable investment windows for its acquisition and investment plans which were delayed during the epidemic. With the active domestic economy and falling interest rates, the market’s willingness to invest has increased significantly.The Group will continue to deepen its digital transformation and actively utilize technology to promote the construction of intelligent properties and enhance operational efficiency and customer experience. Through technological empowerment, we optimize the allocation of human resources and service processes, enhance the level of intelligence and refinement of property management, and improve overall service quality and customer satisfaction.In addition, the Group will fully utilize the synergies with its parent company, China Everbright Group, and leverage on the popularity of the “Everbright” brand and its resource advantages to actively develop diversified value-added services, enrich its revenue structure and enhance its brand influence. In the face of industry restructuring and upgrading, the Group insists on stable operation, focuses on risk management and internal control, responds flexibly to changes in the macro-economy and policies, and continues to optimize its asset portfolio in order to enhance its risk-resistant capability. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Aug 21, 2025 - (ACN Newswire via SeaPRwire.com) - Focusing on the field of tumor treatment, innovative biopharmaceutical company Lepu Biopharma Co., Ltd. (Lepu Biopharma or the Company, stock code: 2157.HK) announced its interim results for the first half of 2025. During the reporting period, the Company's business showed strong growth momentum, achieving profitability for the first time. Core product sales and international licensing business progressed in tandem, with multiple ADC pipeline products entering key clinical stages and global commercialization efforts accelerating.Lepu Biopharma is an innovation-driven biopharmaceutical company focusing on oncology therapeutics, in particular, targeted therapy and oncology immunotherapy, with a strong China foundation and global vision. Lepu Biopharma is dedicated to developing innovative ADCs through our comprehensive and advanced ADC technology development platform and we aim to develop optimal and innovative drugs to better serve the unmet medical needs of cancer patients. The Company is committed to continuously developing a market-differentiating pipeline by fully integrating independent innovation capabilities and strategic collaborations. The Company has established and is progressively expanding our internal manufacturing capabilities, driven by the business needs stemming from the upcoming commercialization of our ADC candidates.Currently, Lepu Biopharma has strategically designed our pipeline with a range of oncology products. For clinical-stage candidates, the Company has one clinical/commercialization-stage drug candidate; nine clinical-stage drug candidates, including one co-developed through a joint venture; and three clinical-stage combination therapies of our candidates. One of our drug candidates has obtained marketing approval with respect to two of its targeted indications, with clinical trials for other indications ongoing. Among the nine clinical-stage drug candidates, seven are targeted therapeutics and two are immunotherapeutics, which are an oncolytic virus drug and T cell agonistic antibody.As of the end of the reporting period, Lepu Biopharma has achieved significant milestones in the monetisation of our R&D capabilities through commercialization and BD activities: PUYOUHENG (Pucotenlimab Injection) has completed the full commercialization process and is currently under a rapid sales growth, and four other products, CMG901, MRG007 and two pre-clinical TCE assets have also been licensed out through our BD activities. Notably, CMG901’s global rights have been licensed to AstraZeneca, and MRG007’s rights for regions outside Greater China have been licensed to ArriVent. Two pre-clinical TCE assets have entered into a collaboration with Excalipoint.Revenue scale achieved a 3.5-fold leapfrog growth, with comprehensive improvement in financial indicatorsIn the first half of 2025, the Company made significant progress in advancing its product pipeline and business operations, recording a total revenue of approximately RMB466 million, which was an increase of 350% of the same period in 2024 at RMB133 million. For licensing activities, the Company has recognized approximately RMB309 million in revenue primarily from the out-licensing of MRG007. The Company recorded a revenue of approximately RMB151 million for the sales of PUYOUHENG (Pucotenlimab Injection), marking a significant increase of 58.8% from the sales recorded in the same period in 2024. In addition, the Group recognized approximately RMB6.3 million in revenue for the provision of CDMO services.During the reporting period, the Company achieved profitability for the first time, with a profit of approximately RMB 29.3 million, marking a turnaround from a loss in the same period of 2024. Net cash generated from operating activities was approximately RMB 46.7 million, and cash and cash equivalents increased to approximately RMB 473 million, representing a positive net operating cash flow compared to the same period in 2024. Research and development expenses amounted to approximately RMB 202 million, representing a decrease of 6.6% compared to the same period in 2024. While ensuring the advancement of core pipelines, cost control measures have shown tangible results.The Company actively develops cooperative relationships with various business channel partners. As of June 30, 2025, the Company completed the tendering process on the procurement platform in 28 provinces of the PRC. We have covered approximately 118 cities in the PRC through various sales channels, and we will further expand our sales network.ADC pipeline enters the critical phase with multiple products, potential for combination therapy highlighted, and fruitful international licensing resultsIn the first half of 2025, the Company remained focused on the research and development of its drug candidates, while continuously assessing market demand and competitive landscape relating to the range of oncology therapeutics and the broad spectrum of indications covered by its drug candidates, in order to maximize the competitiveness of its products pipeline. In particular, MRG003 for NPC nears approval and other key drug candidates advance to pivotal clinical stage.MRG003（EGFR-ADCNPC: MRG003 is under NDA review for the treatment of R/M NPC and has also been granted priority review by the CDE of NMPA. The authority is currently proceeding with the clinical and pharmaceutical evaluation of MRG003. The encouraging data of the pivotal Phase IIb clinical study for the treatment of R/M NPC was read out as “late breaking abstract (LBA)” for oral presentation at the ASCO Congress 2025. The Company is also currently conducting the Phase III clinical trial of combination therapy with MRG003 and pucotenlimab on R/M NPC. The encouraging data in phase II clinical trial of combination therapy on R/M NPC will be presented at the ESMO Congress 2025.HNSCC: As of June 30, 2025, the Company is conducting a randomized, open-label, multicenter Phase III clinical study on HNSCC. In terms of combination therapy with MRG003 and pucotenlimab, we are currently conducting the Phase II clinical trial on HNSCC, and the encouraging data in phase II clinical trial will be presented at the ESMO Congress 2025. The European Medicines Agency (EMA) granted Clinical Trial Authorization (CTA) approvals for the Phase II clinical trial targeting LA-SCCHN in June 2025, and the Company will initiate the clinical trial in the second half of 2025.MRG004A (TF-ADC): The Company has completed the Phase I clinical study on solid tumors in China and the encouraging Phase Ib expansion data on PC will be presented at the ESMO Congress 2025. Protocol communication with CDE for the pivotal clinical trial of MRG004A has been completed, and we have entered the Phase III clinical trial stage in August 2025. In addition, MRG004A was granted BTD by the CDE in August 2025, which offers a brand-new treatment option to patients with pancreatic cancer.MRG006A (GPC3-ADC): MRG006A is a GPC3-targeted ADC with FIC potential globally. We received IND clearance from the FDA in January 2025. We are currently advancing Phase I clinical trial in China. In pre-clinical studies, MRG006A resulted in a robust and dose-dependent tumor growth inhibition on multiple CDX models and HCC PDX models. In the meantime, MRG006A also demonstrated good tolerability in the exploratory toxicology study.MRG007 (CDH17-ADC): We received the IND approval from the NMPA in June 2025 and are currently conducting a Phase Ia clinical trial for the treatment of unresectable locally advanced or metastatic solid tumors. MRG007 has shown robust antitumor activity in preclinical models of GI cancers and a favorable therapeutic index based on IND enabling studies. The pre-clinical data of MRG007 was presented at the AACR Annual Meeting in April 2025. In January 2025, the Company entered into an exclusive licensing agreement with ArriVent, pursuant to which the Company has granted ArriVent exclusive rights to develop, manufacture and commercialize MRG007 outside of Greater China. Under the terms of the agreement, the Company is eligible to receive up to US$1.2 billion in total in upfront payment and development, regulatory and sales milestones, together with tiered royalties on net sales. As of June 30, 2025, the upfront payment has been received.CG0070 (Oncolytic virus): CG0070 was granted BTD by the CDE in January 2025. CG0070 is currently in a MRCT Phase III clinical study conducted by the Company’s U.S. partner, CG Oncology. The latest encouraging data observed has been orally presented in the 120th American Urological Association Annual Meeting in April 2025. The Company has completed the Phase I clinical trial in China and are currently engaged in protocol communication with the CDE regarding the domestic bridging pivotal linical trial.Combination therapy layout: As of June 30, 2025, the Company has completed the Phase II trial of combination therapy with MRG002 and pucotenlimab in the treatment of HER2-expressing solid tumors, which has moved to first-line treatment, and protocol communication for phase III clinical trial has been completed. The Company has observed encouraging data on UC. In terms of combination therapy with MRG003 and pucotenlimab, the Company is currently conducting the Phase II clinical trial on HNSCC, which has moved to first-line treatment, and the encouraging data in phase II clinical trial will be presented at the ESMO Congress 2025. The European Medicines Agency (EMA) granted Clinical Trial Authorization (CTA) approvals for the Phase II clinical trial targeting LA-SCCHN in June 2025, and we will initiate the clinical trial in the second half of 2025, which has been moved up to first-line treatment for advanced disease.Preclinical: Laying the groundwork for innovative platforms and innovative targetsThe Company continuously strives to build up and develop novel technology platforms as innovative engines for the Company. The Company has developed multiple innovative linker-payload platforms for ADC drug candidates, including the Hi-TOPi ADC platform and other early-stage platforms. During the reporting period, our innovative ADC platforms have achieved significant progress. Based on these innovation platforms, the Company has generated two ADC candidates, which are MRG006A with global first-in-class potential and MRG007 with global best-in-class potential, all of which have shown encouraging pre-clinical data and received IND approvals in China. Pre-clinical data of MRG007 was presented at the AACR Annual Meeting in April 2025.On August 1, 2025, the Company entered into a licensing transaction for the license-out and/or transfer of certain intellectual property rights relating to two preclinical assets developed by the Company’s proprietary T cell engager-TOPAbody platform with Excalipoint through entering into the Intellectual Property Assignment and License Agreement.The Company shall receive (i) an upfront payment in cash of US$10 million in aggregate, development and commercial milestone payments in cash of up to US$847.5 million in aggregate and sales royalties, holding a 10% interest, marking international recognition of the platform's value.Future Outlook: Accelerating the Commercialization of Core Products and Advancing Global Strategic DevelopmentIn respect of drug R&D, the Company will further focus on advancing strategic research and development priorities in next generation ADC drugs and IO bi/tri specific antibodies, while accelerating the commercialization of late-stage products. For our registrational stage product MRG003, the relevant authority is currently proceeding with the clinical and pharmaceutical evaluation in an orderly manner. The Company will concentrate our resources and endeavour to expedite the approval process. Meanwhile, our other key drug candidates are entering pivotal clinical stages. Protocol communication for the pivotal clinical trial of MRG004A has been completed, and we have entered the Phase III clinical trial stage in August 2025. In addition, we are currently conducting protocol communication with the CDE regarding the domestic pivotal clinical trial of CG0070. The Company will also explore further potential clinical value of our other innovative drug candidates, such as MRG006A and MRG007. Concurrently, the potential efficacy of combination therapies within our pipeline is being continuously explored, with greater clinical benefits striving to be delivered to a broader patient population.In terms of domestic commercialization, the Company will take further actions to enhance the market accessibility of PUYOUHENG (Pucotenlimab Injection), accelerating market penetration at all levels to further increase market share and enhance the Company's brand image and market recognition. At the same time, the Company will commence the preparation process for the commercial launch of MRG003 and continue to expand our marketing and commercialization teams.On the international front, the Company will ramp up our efforts to expand into the global market. We will expand our international network and explore new business development cooperation opportunities. The Company will remain committed to seeking more strategic partners worldwide to develop our ADC products and other innovative candidates through partnerships, licensing agreements, or joint ventures. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Aug 22, 2025 - (ACN Newswire via SeaPRwire.com) - China International Development Corporation Limited (“the Company”; SEHK: 0264) is pleased to announce that it has entered into a definitive agreement to acquire a 20% equity interest in NVTHK Ltd. (“NVT”), a Hong Kong-based financial technology innovator and first mover in the Real-World Asset (“RWA”) tokenization market. This strategic acquisition positions the Company at the forefront of a sector expected to reshape global capital markets and deliver exponential growth in the years ahead.NVT — First Mover in a Transformative MarketNVT is the pioneering RWA tokenization infrastructure provider in Hong Kong, uniquely enabling primary issuance from top-tier financial institutions and on chain secondary trading of regulated tokenized assets through its robust OTC market place — the first full-scale ecosystem of its kind in the market.Its fully integrated, closed-loop ecosystem connects asset issuers, investors, and liquidity providers, unlocking unprecedented efficiency and liquidity for the financial industry.NVT’s prestigious institutional-grade clientele spans top financial institutions, asset managers, and Web3 innovators, including Cinda Asset Management, GF Securities, Golden Continent Asset Management, Animoca Brands, and HashKey Group. Its platform currently supports tokenized issuances across multiple financial product categories — including money market funds, structured products, bonds, private equity funds—demonstrating broad applicability and market acceptance.This Acquisition is Breakthrough for China International DevelopmentAccording to a BCG report dated April 2025, the global RWA tokenization market is forecast to grow from US$0.6 trillion in 2025 to US$18.9 trillion by 2033 in the midpoint scenario — a 53% compound annual growth rate. The sector’s rapid expansion reflects rising institutional and retail demand for high yield, transparent, and directly accessible asset classes.By acquiring a 20% stake in NVT, the Company gains:- A turnkey, proprietary institutional-grade tokenization platform — success-proven and fully regulated;- Access to the first RWA ecosystem in Hong Kong with secondary trading via an on chain OTC marketplace;- An established global distribution network with instant connectivity to liquidity providers, asset issuers, and investors globally;- Credibility and market access through alignment with a trusted RWA ecosystem serving blue chip clients.This acquisition accelerates the Company’s entry into the high growth RWA market at scale, without the delays, risks, and capital expenditure associated with building a platform from scratch. The Acquisition is also consistent with the Company’s commitments to exploring innovations and new business opportunities to diversify income streams.Strategic Collaboration AreasFollowing the investment, the Company and NVT will collaborate in two strategic areas:RWA Tokenization in Leather Production & Supply ChainLeveraging NVT’s platform, the Company will be a global first mover in tokenizing tangible and intangible assets within the leather industry—such as cash flows, receivables, inventory, and IP. This will unlock working capital, open new investment channels, automate settlements, and expand liquidity access worldwide.Expansion into New RWA VerticalsTogether, the Company and NVT will develop and scale RWA tokenization solutions for other industries, deploying the Company’s sector expertise and NVT’s proven infrastructure to capture untapped opportunities in multiple asset classes.Zhao Jingfei, CEO of China International Development Corporation Limited said:“This investment in NVT represents a breakthrough for our Company. NVT’s unmatched first mover position, its proven track record with prestigious institutional clients, and its unique on chain secondary trading capabilities place it in a category of its own. We are now positioned to participate meaningfully in a trillion dollar growth opportunity while modernizing our core business and delivering long term shareholder value.”Jay Zhao, the founder and CEO of NVT added:“Our mission is to leverage blockchain technology to redefine capital markets, with a particular focus on Hong Kong — the financial hub of Asia. By partnering with China Development, we are opening access to high quality assets from real-world industries and seamlessly integrating them into the capital market. This partnership not only enhances the strength of our platform but also creates significant opportunities for value creation across our ecosystem of partners, with a clear focus on maximizing long term shareholder returns. What we are building is just the beginning — the potential for new business models, innovative asset classes, and scalable growth ahead is truly limitless.”About NVTNVTHK Limited. (“NVT”) is a Hong Kong based fintech innovator specializing in real world asset (RWA) tokenization infrastructure, virtual asset brokerage systems, and stablecoin technology solutions. NVT is the first in Hong Kong to enable regulated tokenized assets to be traded on chain through its OTC marketplace, offering enterprise grade technology for issuers, investors, and intermediaries.About China International Development Corporation LimitedChina International Development Corporation Limited (“CIDC”) was incorporated in the Cayman Islands and is listed on the Main Board of The Stock Exchange of Hong Kong under stock code 0264. As an established investment holding company, CIDC has built a strong foundation in the manufacturing and distribution of high-quality leather products. CIDC has proactively embarked on a strategy of innovation and transformation, seeking opportunities beyond its traditional core business. The Company is always committed to seeking opportunities for new business and value creation, as well as for timely expansion of the Company’s scope of operation and investments.For press enquiries:NVTHK LimitedOlivia Leung Tel: 2522 3869 Email: Olivia.leung@newvisiongp.comWebsite: www.nvt.cim.hk Copyright 2025 ACN Newswire via SeaPRwire.com.

FINANCIAL HIGHLIGHTS RMB’000 (Unaudited)6 Months Ended June 303 Months Ended June 302025202420252024 Revenue4,645,407 4,610,641 2,307,412 2,473,766 - Office software and services2,657,122 2,413,079 1,355,653 1,187,730 - Online games and others1,988,285 2,197,562 951,759 1,286,036 Gross Profit3,772,214 3,782,688 1,853,628 2,042,035 Operating Profit984,111 1,395,615 382,658 794,037 Profit Attributable to Owners of Parent816,314 677,923 532,440 393,353 Basic Earnings Per Share (RMB)0.60 0.51 0.39 0.29 HONG KONG, Aug 20, 2025 - (ACN Newswire via SeaPRwire.com) - Kingsoft Corporation Limited (“Kingsoft” or the “Company”; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited 2025 interim results and its second quarter results for the period ended 30 June 2025.For the first half of 2025, the revenue of Kingsoft increased by 1% year-on-year to RMB 4,645.4 million. Revenue from the office software and services represented 57% and online games and others represented 43% of total revenue. Gross profit reached RMB 3,772.2 million.For the second quarter of 2025, the Company’s revenue reached RMB 2,307.4 million. Revenue from office software and services and online games and others represented 59% and 41%, respectively, of total revenue for the second quarter of 2025. Gross profit for the second quarter of 2025 was RMB 1,853.6 million.Mr. Jun LEI, Chairman of the Company, commented: “In the second quarter, we advanced core businesses steadily in line with established strategy and firmly positioned for the future. Kingsoft Office focused on ‘AI, collaboration, and internationalization’, continued to strengthen the allocation of R&D resources in related fields, and developed solutions deeply aligned with user scenario needs to sustain competitiveness in the field of intelligent office. The online games business continued advancing content innovation and global expansion, achieving the development of flagship IPs and new game genres.”Mr. Tao ZOU, Chief Executive Officer of the Company, added: “The total revenue for the second quarter amounted to RMB 2,307.4 million, representing a year-on-year decrease of 7%, among which the revenue from the office software and services business was RMB 1,355.7 million, representing a year-on-year increase of 14%. Revenue from the online games and others business was RMB 951.8 million, representing a year-on-year decrease of 26%, primarily due to the high base in the same period last year.”BUSINESS REVIEWOffice Software and ServicesFor the first half of 2025, revenue from the office software and services business increased by 10% year-on-year to RMB 2,657.1 million. The increase was mainly attributable to the growth of WPS individual and WPS 365 businesses of Kingsoft Office. Revenue in the second quarter increased by14% year-on-year to RMB 1,355.7 million.In the second quarter, the office software and services business continued its healthy development. For WPS AI, Kingsoft Office released WPS AI 3.0 and launched the native Office intelligent agent ‘WPS Lingxi’ — the core capability module of WPS AI 3.0. WPS AI 3.0 drove deep integration between AI and office software through bidirectional transformation, achieving native embedding of AI capabilities and deep involvement in office workflows. WPS Lingxi integrated multiple AI functions, marking the transition from tool-based AI applications to collaborative intelligent agents. We also implemented intelligent upgrades to WPS 365 components, and launched messaging, meeting, and email assistants to boost office efficiency.For WPS individual business, Kingsoft Office expanded AI benefits and rolled out new AI products. In overseas markets, we initiated the development of the new WPS International Edition to gradually migrate domestic high-value features. For WPS 365 business, we continuously deepened penetration into industries and scenarios, actively promoted the implementation of AI projects, and engaged in co-creation with key clients to replicate and scale up typical solutions. For WPS software business, we actively participated in the bidding for domestic office software of central and local governments and enterprises. Our products maintained a leading share in both flow layout and fixed layout document software market.Online Games and othersFor the first half of 2025, revenue from online games and others business reached RMB 1,988.3 million, and revenue for the second quarter of 2025 was RMB 951.8 million. In the second quarter, the online games business continued to enrich the brand value of classic JX series and expand into new game genres.During the second quarter, JX3 Online, the flagship IP, maintained engaged player base through consistent content updates and technical optimization. The Fate of Sword: Zero was launched, building upon the core gameplay of the classic JX series IP while introducing innovative explorations. The anime shooter game Snowbreak: Containment Zone sustained its long-term operation, keeping stable user base. The self-developed sci-fi mech game Mecha BREAK commenced its global public beta in July. On its launch day, it topped Steam’s lists for both “Most Played” and “Trending Games,” and earned high scores from several international authoritative gaming outlets like IGN.Additionally, we actively strengthened our collaboration with high-quality overseas IPs, deepening the localized operational capabilities in domestic market. The social deduction game Goose Goose Duck obtained the license approval in June and was expected to launch in the second half of the year. The number of pre-registrations exceeded 5 million, demonstrating its popularity. Cats & Soup: Magic Recipe, the sequel to Cats & Soup, secured its license in May. For the latter half of the year, we will focus on refining the operations of our core titles and continuously optimizing the gaming experience based on players’ feedback.Mr. Jun LEI concluded, “In the coming quarters, Kingsoft Office will continue to increase its R&D investments in AI and collaboration, and promote the implementation of its products and services across a wider range of office scenarios in various industries. The online games business will remain focused on premium games, continue to cultivate its IP franchise, steadily advance its global expansion and achieve long-term operations. We believe that these efforts will strengthen the Group’s core competitiveness and lay a solid foundation to achieve long-term high-quality growth.”About Kingsoft Corporation LimitedKingsoft (3888.HK) is a leading Chinese software and internet service company listed on the Hong Kong Stock Exchange. It has three main subsidiaries: Kingsoft Office, Seasun Holdings and Kingsoft Shiyou. With the implementation of the “transformation toward mobile internet” strategy, Kingsoft has completed a comprehensive transformation in its overall business and management model. The Company has established a strategic layout with office software and interactive entertainment as its pillars, and cloud services and artificial intelligence as its new starting points. Kingsoft has more than 8,000 employees worldwide and holds a significant market share domestically. For more details, please refer to http://www.kingsoft.com.Kingsoft Investor Relations:Li YinanTel: +86 10 6292 7777Email: ir@kingsoft.comFor further queries, please contact Hill and Knowlton:Ovina ZhuTel: +852 2894 6315 Email: kingsofthk@hkstrategies.com Copyright 2025 ACN Newswire via SeaPRwire.com.