Category: ACN Newswire

HONG KONG, Jun 18, 2025 - (ACN Newswire via SeaPRwire.com) - Hong Kong is still on course for export growth of 3% this year, the Hong Kong Trade Development Council (HKTDC) confirmed today. This timely assessment came as the HKTDC announced the findings of two of its key metrics namely the 2025 Mid-Year Export Review and Outlook and the HKTDC Export Confidence Index 2Q25.Strong frontloading amid tariff uncertaintiesThe city’s 2025 export performance is navigating a period of almost unprecedented turbulence in the global trade arena. Much of this uncertainty has stemmed from the radical shift in US trade policy – particularly the heavy reliance on substantial import tariffs – adopted by President Trump’s administration.In anticipation of a hefty tariff regime, many of Hong Kong’s exporters opted to “frontload” their orders in the early months of 2025 before the new tariffs were implemented. This helped bolster the city’s export figures in the early months of the year and resulted in a number of other positive factors.Low exposure to US marketFirst, Hong Kong has low exposure to the US market when compared with other economies. For instance, US-bound exports in 2024 accounted for just 6.5% of Hong Kong’s total exports.By learning the lessons of previous tariff regimes, notably during the first term of President Trump (2017 to 2021), Hong Kong successfully reconfigured its trading base to reduce its exposure to uncertainties in the US market. Since 2017, Hong Kong has bolstered its trade ties with other economies, with exports to the ASEAN bloc up 38.5% and to the Middle East increasing by 58.1%. The upshot of this is that, despite a 10.5% drop in Hong Kong’s exports to the US over the last eight years, Hong Kong’s total exports for the period recorded a 17.2% increase.This vulnerability has been further reduced by many Hong Kong exporters prioritizing the diversification of their sourcing locations in line with China+1 or China+N strategies. As a consequence, many of Hong Kong’s US-bound exports are now sourced from different locations than they were in 2017. In fact, in 2024, nearly half of Hong Kong’s US-bound exports originated from a variety of international sources, notably up from the comparable figure of 15% eight years ago.Taken together, should a high level of US tariffs be reinstated, only about 3.4% of Hong Kong’s total exports would be affected. Any impact would then be further diminished once the products eligible for tariff exemptions were also taken into account. Collectively, these factors underpin HKTDC Research’s expectation that, even in such adverse trading conditions, Hong Kong’s exports will still expand by 3% as predicted earlier in the year.Commenting on the HKTDC’s decision to confirm its earlier forecast, Director of Research, Irina Fan, said: “Whatever the outcome of the ongoing trade negotiations, our low exposure to the US market, robust trade ties with other markets and diversified sourcing networks are the key underlying factors that should allow Hong Kong exporters to weather the US tariffs relatively unscathed.”Weaker export performance expected in 2HIn line with the overall expectation that export performance would weaken as 2025 progresses, the overall reading for the HKTDC Export Confidence Index in the second quarter fell below 50 for the first time in a year. This moderate decline in Hong Kong exporter confidence can be taken as aligning with the escalation in global trade uncertainty.With the survey conducted at the height of the China-US tariff trade war (28 April-15 May), this downbeat outcome was widely anticipated. In specific terms, this saw the Current Performance Index fall to 49.6 (down from 52.1), while the Expectation Index stood at 49.0 (down from 51.0). Subsequent to the completion of the survey, new trade negotiations have emerged between Mainland China (including Hong Kong) and the US; an outcome expected to be reflected in the findings of the 3Q25 Index.In other findings, Hong Kong exporter confidence remained high regarding prospects in both the ASEAN bloc (59.9) and Mainland China (52.6), while the corresponding reading for the US plummeted to 31.6 (down from 46.7)The Current Performance of three of the six key Hong Kong industry sectors tracked by the Index remained positive with Jewellery at 51.6, Timepieces at 52.1 and Equipment/Materials at 50.4. In the case of the other three sectors, Electronics and Clothing (both 48.9) were marginally below the watershed level while Toys (43.1) continued its recent decline.Putting the findings into context, Kenneth Lee, Special Project and Business Advisory Section Head, HKTDC Research, said: “Overall, the findings for the second quarter align with earlier expectations of weaker exporter confidence amid US tariff uncertainties. It is, however, heartening to see Hong Kong exporters maintain a largely positive outlook with regard to all of the city’s major markets, except for the US.”To view press releases in Chinese, please visit http://mediaroom.hktdc.com/tcReferences- HKTDC Research website: https://research.hktdc.com/en/- HKTDC Export Confidence Index 2Q25: Exporter Confidence Weakens Amid US Tariff Uncertainties https://research.hktdc.com/en/article/MjAyNjM4NzY1Mg- 2025 Mid-Year Trade Review and Outlook: Global Trade Talk Progress Sees HKTDC Adhere to 3% Export Growth Forecast https://research.hktdc.com/en/article/MjAzNDc4NjgwMwPhoto download: https://bit.ly/4n24Ds1 HKTDC Director of Research Irina Fan (left) and HKTDC Research’s Special Project and Business Advisory Section Head Kenneth Lee (right) announced the 2025 Mid-Year Trade Review and Outlook and the HKTDC Export Confidence Index for 2025’s second quarter at a press conference todayHKTDC Director of Research Irina FanHKTDC Research’s Special Project and Business Advisory Section Head Kenneth LeeMedia enquiriesPlease contact the HKTDC’s Communication and Public Affairs Department:Jane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Jun 18, 2025 - (ACN Newswire via SeaPRwire.com) - On June 15, the outdoor reality-variety show J-Style Trip Season 3, co-produced by Star Plus Legend and Zhejiang Satellite TV and exclusively sponsored by MODONG MAGIC, successfully concluded its season. Praised for its unscripted format, absence of fixed personas, and rule-free structure, the show has maintained high popularity across all three seasons. This season, J-Style Trip Season 3 topped the ratings for 12 consecutive episodes, ranking No.1 among variety shows in its time slot across 71 major cities according to CSM data. Across the entire season, the show garnered 375 trending topics on major platforms and generated over 4.1 billion views related to its content. On Weibo, the main hashtag #J-Style Trip# surpassed 2.2 billion views, with the total cumulative views of the main topic across all three seasons reaching 3.77 billion. A total of 56 individual trending topics remained on the charts for over 10 hours each, contributing to a long-tail effect with the season’s hot search duration exceeding 1,220 hours. On Youku, the show consistently ranked No.1 on multiple charts, including the Free Variety Show Popularity List and the Travel Variety Show List. J-Style Trip Season 3 set new benchmarks across all three seasons in terms of social media buzz and audience engagement. On Weibo alone, topic views for this season exceeded the combined total of the first two seasons — highlighting the show's enhanced storytelling power and growing cultural impact.This season, J-Style Trip Season 3 was led by Jay Chou, the creator of the “J-style journey,” who was joined by a vibrant group of travel companions including Will Liu, Ken Lin, Funky Tu, Will Tsai, Chien-Te Fang, Kuan-Ting Chen and Guanlin Chen. Together, they visited breathtaking destinations and uncovered touching personal stories—building an emotional connection unique to the “J-style” travel experience and contributing countless standout moments throughout the show. The addition of Will Liu brought fresh energy to the series. His seamless chemistry with Jay Chou created numerous memorable highlights—from leading foreign tourists in a ‘Chinese Herbal Manual’ fitness dance on the streets of Greece, to exploring traditional Chinese culture through Wing Chun and lion dancing in Guangdong. These moments added new layers of fun, spontaneity, and cultural richness to the journey.J-Style Trip Season 3 centers around the theme of “looking for outstanding Chinese individuals around the world,” highlighting overseas Chinese who have made remarkable contributions across various fields—including professionals, artists, and cultural inheritors. This season’s journey spans countries such as Italy, Greece, and Saudi Arabia, where the cast meets figures like tennis star Zhang Zhizhen, rising opera talent Wang Kang, and world latte art champion Hu Zhonghua, among many others who are preserving and innovating intangible cultural heritage. Through these inspiring personal stories, the show vividly conveys the spirit of “passion knows no borders” and sheds light on the diversity and strength of Chinese identity in a globalized world. No longer just a casual trip among celebrity friends, this season has transformed into a warm, meaningful, and resonant exploration of culture.This season, J-Style Trip 3 further elevated its signature relaxed travel aesthetic, while staying true to its unscripted, unfiltered, and freeform filming style. With a faster storytelling rhythm and more dynamic transitions, the show guided viewers through local markets, street food scenes, and everyday urban life—offering both in-depth cultural exploration and practical travel tips. In the season finale, the J-Style Trip group took part in a cultural exchange with young Chinese dancer Liang Daiqing and the “Shaoli Ensemble”, a traditional folk music group from the Zhuang ethnic minority in Guangxi. This “folk song × pop” crossover showcased the unique charm of the minority culture.As the show’s popularity continues to rise, attention has also turned to its sponsors. MODONG MAGIC is the exclusive title sponsor, with Alipay as strategic partner. Special sponsors include ADATA, Enya Cyber-G, Bonggie, and VIVICYCLE, while the tourism boards of Saudi Arabia and Australia provide special support. This diverse brand backing fully unlocks the commercial potential of the content IP. Historically, star-led reality shows often “win critical acclaim but fail to reach mass appeal.” Even with top-tier celebrities and loyal fans, they rarely break out of niche circles. Star Plus Legend, the company behind J-Style Trip Season 3, has now set a new benchmark in star IP commercialization.Unlike traditional talent management firms, Star Plus Legend focuses on creating proprietary brands based on each artist’s traits, adopting a long-term approach to star IP commercialization. In this season, Star Plus Legend upgraded the commercial loop around the show’s boutique content IP. Industry insiders explain that Star Plus Legend attracts brand sponsors and earns licensing revenue through the show, while also empowering its own IP and brands to boost new-retail sales. Leveraging celebrity influence and full-channel promotion, including livestream e-commerce and private-domain social media, Star Plus Legend converts IP traffic into product volume, forming a complete commercial loop that highlights the superiority of its operating model.The success and monetization of J-Style Trip Season 3 mark the maturation of Star Plus Legend’s “IP-empowered new retail” model. In the arena of deep integration between content and consumer, this IP-centric, omnichannel marketing commercial loop not only increases the long-tail value of star IP but also creates a sustainable monetization path for the industry. Copyright 2025 ACN Newswire via SeaPRwire.com.

NEW YORK, June 17, 2025 - (ACN Newswire via SeaPRwire.com) - Hola Prime, a leading proprietary trading firm recognized for its transparent, trader-first approach, has announced its partnership with FX Replay, offering traders access to one of the most advanced backtesting and market simulation tools available today.This new feature allows traders worldwide to replay historical market data in real-time conditions, providing a unique opportunity to refine strategies, improve execution, and build confidence - all without risking real capital.In trading, experience and practice are critical to success, but these often come at a high cost and require significant time. Somesh Kapuria, CEO of Hola Prime, emphasized the transformative potential of FX Replay, stating, "FX Replay is a powerful step forward for our traders. In trading, experience is the greatest teacher, but it's often expensive and slow to gain. FX Replay compresses years of experience into weeks of hands-on practice, allowing traders to sharpen their edge before risking real capital. We are committed to providing every trader with the tools to succeed, and this partnership is a natural extension of that vision."Sumedha Sharma, CFO of Hola Prime, highlighted the key features and practical benefits of FX Replay. She explained that the tool allows traders to slow down or speed up market action, rewind to crucial moments, and repeatedly test trade setups under varying conditions. For example, a trader who wants to master a breakout strategy can replay multiple historical breakout scenarios at different speeds to observe price behavior closely and refine entry and exit timing. Similarly, a scalper can simulate fast-paced market conditions repeatedly to improve reaction times and decision-making accuracy without the pressure of live trading. This hands-on, flexible approach helps traders understand the nuances of risk management, position sizing, and strategy robustness in a risk-free environment.Hola Prime's FX Replay supports a wide range of assets, matching the firm's diverse market offerings. This broad applicability allows traders to experiment with different instruments and timeframes, enhancing their overall market adaptability.To mark this launch, Hola Prime is providing special offers on FX Replay access bundled with challenges, encouraging traders to leverage this powerful learning tool as part of their journey to consistent profitability. Traders buying challenges between $10,000 and $50,000 will receive 50% off on FX Replay access for a month, while those purchasing accounts of $100,000 or more will get FX Replay access completely free for a month.Hola Prime continues to lead the proprietary trading industry by prioritizing speed, transparency, and innovation. The firm's offering of FX Replay further cements its reputation for creating a comprehensive ecosystem designed to enhance trader success through education, technology, and support.For more information about FX Replay and Hola Prime's challenges, visit www.holaprime.com.Social LinksInstagram: https://www.instagram.com/holaprime_global/ YouTube: https://www.youtube.com/channel/UCtVEJa1Ml132Be7tnk-DjeQ LinkedIn: https://www.linkedin.com/company/hola-prime/?viewAsMember=true X: https://x.com/HolaPrimeGlobal Discord: https://discord.gg/TJ7TcHPXBf Quora: https://www.quora.com/profile/HolaPrime/ Reddit: https://www.reddit.com/user/HolaPrime/ Medium: https://medium.com/@social_46267 Media ContactCompany: Hola PrimeContact: Media TeamWebsite: https://holaprime.com/ Copyright 2025 ACN Newswire via SeaPRwire.com.

Vancouver, BC, June 17, 2025 - (ACN Newswire via SeaPRwire.com) - Transoft Solutions, a global leader in transportation engineering, analysis, and operations software, is pleased to announce that it has acquired CGS Labs, developers of specialized software solutions for transport infrastructure design, weather information systems and environmental monitoring.Transoft Solutions Acquires CGS LabsCGS Labs' Civil Solutions suite of BIM software for engineering design, construction and maintenance is an exciting addition to Transoft's Civil & Transportation portfolio. While Transoft has had a long-standing relationship with CGS that involved several product collaborations, both companies have simultaneously been key competitors in the EMEA region with their respective AutoTURN and Autopath swept path analysis products."We highly anticipate the potential of synergy between CGS's comprehensive design platform and Transoft's existing products", said Daniel Shihundu, CEO at Transoft Solutions. "Customers can expect a more robust and broad offering from Transoft's road design solutions with the combined technologies from both companies and joint expertise of two seasoned teams who have both been major players in the market over the past thirty years. We are also very excited about adding a new dimension to Transoft's current offerings with CGS's rail and waterways design software and predictive road weather applications for environmental impact mitigation."CGS Co-founder, Matjaz Šajn, said "We are delighted to become part of the Transoft Solutions success story. Over the past 35 years, CGS Labs has developed unique software solutions trusted by users worldwide. By joining forces with Transoft, we will be able to create synergies and strengthen our position as one of the leading global software development players in the field of transportation. CGS Labs brings deep expertise in BIM and weather information systems to the combined company. We are also pleased to see that the values and visions of both teams are closely aligned. Looking ahead, we anticipate exciting new opportunities for learning, collaboration, and product innovation for all of us."CGS is headquartered in Ljubljana, Slovenia with three additional offices in Germany, Serbia, and the Czech Republic. With a highly qualified team of around 25 employees and contractors, CGS is a strong cultural fit with Transoft, each similarly being in operation for around three decades.CGS' strong representation in Eastern Europe complements Transoft's distribution in Western Europe. Together, the companies expect to grow sales of each other's products in their respective regions.About Transoft SolutionsTransoft Solutions develops innovative and highly specialized software for aviation, civil infrastructure, and transportation professionals. Since 1991, Transoft has remained focused on safety-oriented solutions that enable transportation professionals to work effectively and confidently. Our portfolio of planning, simulation, modeling, and design solutions are used in over 150 countries serving more than 50,000 customers across local and federal agencies, consulting firms, airport authorities, and ports. We take pride in providing the highest quality of customer support from our headquarters in Canada, and through our offices in Sweden, Slovenia, the United Kingdom, the Netherlands, Australia, Germany, India, Belgium, France, Spain, and China.For more information on Transoft's range of aviation, civil design, planning, and transportation safety and operations solutions, visit us at: transoftsolutions.comContact InformationMedia Relationspublicrelations@transoftsolutions.com+1 604 244 8387 ext 2245SOURCE: Transoft Solutions Inc.Related ImagesTransoft Solutions CEO & CGS Labs Co-Owners Copyright 2025 ACN Newswire via SeaPRwire.com.

FLORENCE, ITALY & WEST PALM BEACH, FL, June 17, 2025 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn., the official brand of the United States Polo Association (USPA), returns to Florence for Pitti Uomo 108 with the launch of its Spring-Summer 2026 Collection which includes classic, sport-inspired apparel, shoes, bags, and accessories, and a once-in-a-lifetime 135th Anniversary Celebration. This summer, U.S. Polo Assn.'s exhibit at Pitti Uomo is taking place from June 17 to 20, at Booth 32 Cavaniglia with very special guests, sporty models, and an immersive presentation of the brand and its collection. The high-energy theme of the show, "PITTI BIKES" will transform the legendary Fortezza da Basso into a buzzing circuit of fashion and lifestyle, creating the perfect stage for U.S. Polo Assn., a brand rooted in sport, authenticity, and timeless American style.U.S. Polo Assn. X Pitti Uomo 108The Exhibit: An Immersive ExperiencePitti Uomo 108 also marks a key moment for U.S. Polo Assn., the celebration of 135 years of sport inspiration and a milestone that pays tribute to tradition, sport, and the unique spirit of polo for those "Born to Play." Throughout the most important menswear trade show in the world, U.S. Polo Assn. will unveil a reimagined exhibition space, designed to offer an immersive experience that narrates the brand's authenticity and heritage through a visual experience created to celebrate 135 years.To celebrate the anniversary, the booth will host a presentation and media moment on Wednesday, June 18, with J. Michael Prince, CEO of U.S. Polo Assn. (USPA Global), and Lorenzo Nencini, CEO of INCOM S.p.A and member of the Pitti Immagine Board. Alongside Prince and Nencini, U.S. Polo Assn. Italian licensees Augusto Bonetto, representing Bonis, Andrea Zini, representing EastLab, and Franco Zuccon, representing EuroTrade, will proudly show their respective products and speak with partners, vendors, and other brand representatives.An Unforgettable Night: "Play for the Moment, Live for the Legacy"On the evening of June 18, U.S. Polo Assn. will host its invitation-only 135th Anniversary Celebration in the stunning Chiostro Grande at the historic Complesso di Santa Maria Novella. Guests from around the world will gather for this exclusive event to toast to the past, present, and future of a brand born from the sport of polo that dates back to 1890.Hosted by renowned Italian actor and author Roberto Ciufoli, the evening begins with an invitation-only dinner, followed by a live performance from Italian music star Clara, concluding with an electric DJ set by the legendary Benny Benassi. Guests will also experience an immersive art performance curated by visionary artists Luca Agnani and Pietro Terzini, making this celebration a multi-sensory tribute to U.S. Polo Assn. that honors the brand's legacy, while looking confidently toward the future.The wines provided for the evening will be Marchesi Frescobaldi, a world-renowned company that embodies the very essence of Tuscany and its extraordinary aptitude for viticulture."I am thrilled to return to Florence, a city synonymous with art, craftsmanship, and timeless style, to represent U.S. Polo Assn. alongside our European partners at Pitti Uomo 108-the most iconic menswear trade show in the world," said J. Michael Prince, President and CEO of USPA Global, the company that manages and markets the multi-billion-dollar global U.S. Polo Assn. brand. "This year, our presence in Florence takes on even greater significance as we celebrate the 135th Anniversary of U.S. Polo Assn. with a dynamic exhibition and an unforgettable party, featuring some of Italy's most exciting names in music and art at such an iconic location.""It's an extraordinary moment for our global brand to honor our sport-inspired heritage while celebrating U.S. Polo Assn.'s future-focused momentum on one of fashion's most influential stages," Prince added.A Full Lifestyle Collection for Spring/Summer 2026Presented by southwestern and central Europe licensee Incom, the U.S. Polo Assn. Spring-Summer 2026 ApparelCollection brings forward a contemporary heritage-inspired lifestyle wardrobe for men and women. Built around core capsules, the apparel collection blends quality materials, modern silhouettes, and vibrant seasonal palettes."To present the Spring-Summer 2026 Collection of U.S. Polo Assn. here in Florence - my city, and the beating heart of fashion - is an emotion beyond words," said Lorenzo Nencini, President of Incom S.p.A. "As a proud member of the Pitti Immagine Board and the exclusive apparel partner for this incredible global brand, I am proud to contribute to the 135th Anniversary of U.S. Polo Assn. and its celebration on such a grand and meaningful stage.""Incom brings not only product, but passion, to the Fortezza da Basso. And we do so with Italian hands and global vision. This moment is a tribute to everything U.S. Polo Assn. has built - and to all that is to come," he added.Apparel CollectionThe new Men's and Women's Apparel Collection for the season is built around distinct capsules that reflect U.S. Polo Assn.'s core values of authenticity, functionality, and timeless style.Heritage: A spirited tribute to the sport of polo, featuring bold stripes, signature prints, crochet accents, beading, and hand-embroidered logos in vibrant summer tones.Premium: Sophisticated staples in linen, Supima cotton, and hemp jersey, finished with natural dyes for a refined summer look.Tailored: Soft silhouettes in cotton-linen blends and elegant neutrals. Modern suiting, lightweight knits, and fresh shirting define a new relaxed elegance.Seasonal Palette: Think classic red, white, and blue washed denim tones, elevated with pops of citrus, coral, sky blue, and lime - bringing Americana into a new era.Handbag CollectionEastlab's Spring-Summer 2026 Bag Collection blends sport-inspired utility with summer-ready charm for both women and men.Women's Line: From sleek, ultra-light nylon styles to 2-in-1 convertible bags and equestrian inspired saddle shapes, the collection offers options for both everyday function and refined occasion wear. Standouts include the satin Ceremonial line and embroidered Beach styles in terry cloth and mesh.Men's Line: Launching the Tennis Backpack, a stylish, water-resistant design with functional pockets for life on the move. Other new entries include elevated business and casual bags, with a focus on versatility and detail.Eco Focus: Special-Edition bags celebrating 135 years are available in red, white, and blue, with eco-conscious details like water bottle pockets.Footwear CollectionBonis redefines sporty chic with a Footwear Collection that fuses classic American heritage with today's most-wanted streetwear looks.For Her: Ibiza and Samoa espadrilles return with updated rhinestones and bold embroidery, while Jada and Milly sandals steal the show with clean lines and modern platforms.For Him: Classic slip-ons are paired with new lace-up versions, and fresh silhouettes like the Swift running shoe and Seneka sneaker bring a vibrant, youthful edge.Trends: From retro runners to urban sandals, the lineup embraces summer versatility without sacrificing comfort or performance.Watch & Jewelry CollectionEuroTrade debuts a refined Watch and Jewelry Collection that captures the essence of summer sophistication with standout style and playful color.Watches: Premium materials like satin and soft leather meet eye-catching details, including colorful dials in the Jayden Line and luxurious straps in the Vivian Collection.Jewelry: A bold and expressive assortment featuring metallic finishes and joyful tones. From the cool blues of Maisie to the vibrant hues of Naomi, each piece is designed to elevate daily style.In-Store Experience: EuroTrade also launches the USPA Watch Collection Case - a secure, anti-theft display now available in U.S. Polo Assn. stores, giving customers a tactile, inviting shopping experience.U.S. Polo Assn.'s presence at Pitti Uomo 108 is more than just a showcase - it's a milestone. With a bold, modern collection and a spectacular celebration in Florence, the brand continues to honor its roots in the sport of polo while riding confidently into the future of fashion.About U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in the United States, founded in 1890 and based at the USPA National Polo Center in Wellington, Florida. This year, U.S. Polo Assn. celebrates 135 years of sports inspiration alongside the USPA. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. Historic deals with ESPN in the United States and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global and digital growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.For more information, visit uspoloassnglobal.com and follow @uspoloassn.About Incom S.p.AIncom S.p.A, founded in Montecatini Terme (PT) in 1951, manages, as a licensee, the apparel for the U.S. Polo Assn. brand in Western Europe, which produces and distributes iconic clothing brands all over the world. In addition, Incom is one of the main suppliers of military and paramilitary clothing in the Italian State both for uniforms and for technical clothing. Since January 2008, it has been producing and distributing men's, women's, and children's clothing in Western Europe under the U.S. Polo Assn. brand, with record sales results and growth. For further information visit www.incomitaly.com.About Bonis S.P.A.Bonis is the exclusive footwear licensee for U.S. Polo Assn. in Western Europe. Founded in 1970, Bonis is a leading company in the footwear business and is a partner selected by some of the most influential international brands. Located in the heart of the Asolo and Montebelluna footwear district, the home of the most important sport system brands. Bonis works with private labels, contracting, and licensing. Visit www.bonis-spa.comAbout Eastlab S.r.l.Eastlab S.r.l. is the exclusive licensee for U.S. Polo Assn. bags and accessories in Europe. Founded in 2015, Eastlab S.r.l. is now one of the leading Italian companies in the production and distribution of bags, accessories, and luggage. Its targeted response to market needs and passion for its work have quickly earned Eastlab strong credibility in the industry and the trust of major international partners. Visit www.eastlab.itAbout EuroTrade s.r.l.EuroTrade is U.S. Polo Assn.'s licensee in Western Europe for watches and accessories. Headquartered in Italy, EuroTrade was founded in 1987 and specializes in the creation and distribution of high-quality watches and accessories characterized by original design and innovative technology. EuroTrade offers the market an original and trendy accessory to wear on any occasion. Visit www.incomitaly.com/en/euro-trade-s-r-l/Contact InformationStacey KovalskyU.S. POLO ASSN. GLOBAL HQskovalsky@uspagl.com+1-954-673-1331 (WhatsApp)Paola VaraniHUB PRESS OFFICE (INCOM in Italy)paolavarani@hubcomm.netLaura VaraniHUB PRESS OFFICE (INCOM in Italy)lauravarani@hubcomm.netLaura ManfrinTWINS PRESS OFFICE (BONIS & EASTLAB in Italy)laura@twins-pr.comMaura BusattoTWINS PRESS OFFICE (BONIS & EASTLAB in Italy)maura@twins-pr.comGaia GrassiHUB PRESS OFFICE (INCOM in Italy)gaiagrassi@hubcomm.netSOURCE: U.S. Polo Assn.Related ImagesU.S. Polo Assn. X Pitti Uomo 108U.S. Polo Assn. X Pitti Uomo 108U.S. Polo Assn. X Pitti Uomo 108 Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Jun 17, 2025 - (ACN Newswire via SeaPRwire.com) - China’s leading ride hailing platform-CaoCao Inc. (“CaoCao” or the “Company”, Stock Code: 02643. HK), today proposes to list on the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”). The Company plans to offer 44,178,600 Shares (subject to the over-allotment option), at the offer price of HK$41.94. Huatai Financial Holdings (Hong Kong) Limited, ABCI Capital Limited, and GF Capital (Hong Kong) Limited are the Joint Sponsors. Details of the Offering Plan- Offer Shares under the Global Offering: 44,178,600 Shares (subject to the Over-allotment Option)- International Offer Shares: 39,760,700 Shares, representing 90% of the initial offer shares (subject to reallocation and the Over-allotment Option)- Hong Kong Offer Shares: 4,417,900 Shares, representing 10% of the initial offer shares (subject to reallocation)- Hong Kong Public Offering Open: 9:00 a.m. on June 17, 2025 (Tuesday)- Hong Kong Public Offering Close: 12:00 noon on June 20, 2025 (Friday)- Estimated Listing Date: June 25, 2025 (Wednesday)- Board Lot Size: 100 shares- Stock Code: 02643.HKA ride hailing leader incubated by Geely, with the largest fleet of purpose-built vehicles of its kind in ChinaCaoCao is a ride hailing platform in China originally incubated by Geely Group. The Company's principal services include mobility services (primarily ride hailing service for passengers and order dispatch service for drivers), vehicle leasing and vehicle sales. The Company provides mobility services in the form of ride hailing under the brand of CaoCao Mobility and Limao Mobility. Meanwhile, it also provides offline taxi hailing services under the brand of Limao Mobility. As of December 31, 2024, CaoCao operated in 136 cities across China, with a gross transaction value (GTV) of RMB17.0 billion in 2024, and a market share of 5.4%, making it the second largest player in the market, according to Frost & Sullivan.CaoCao’s purpose-built vehicles are manufactured by Geely Group. The Company is deeply involved in the design, development, deployment, sales and operation of the vehicles, allows the Company to shape vehicle specifications that precisely meet the needs of passengers and drivers. As of December 31, 2024, CaoCao operated a fleet of over 34,000 purpose-built vehicles across 31 cities in China for the use of its affiliated drivers, the largest of its kind according to Frost & Sullivan. The Company plans to ultimately provide all of its affiliated drivers with purpose-built vehicles and are increasing the sale of purpose-built vehicles to car partners.A frontrunner in the development of robotaxi servicesOn February 28, 2025, the Company launched CaoCao Smart Mobility, its autonomous driving platform, and announced the commencement of robotaxi services in two pilot cities, Suzhou and Hangzhou. The CaoCao Smart Mobility platform is the latest product of CaoCao’s close collaboration with Geely Group, and combines the Company’s strengths as one of the largest ride hailing platforms in China with ample experience managing a large fleet of vehicles, and the strengths of Geely Group as a leading automotive-OEM and a frontrunner in the development of autonomous driving technologies.CaoCao is developing new purpose-built vehicles dedicated to the provision of robotaxi services with Geely Group, including an L4 level robotaxi model fully designed for autonomous driving which is expected to be launched by the end of 2026. In the future, CaoCao will continuously expand its autonomous driving R&D team to strengthen robotaxi operation and technological capabilities. Furthermore, the Company will look for opportunities to gradually expand its robotaxi coverage to more cities nationwide in order to accomplish the early-realization of large-scale robotaxi operation.Strong brand recognition, ranked No. 1 brand in user recognitionCaoCao is dedicated to service quality. The Company’s comprehensive driver management protocols incentivize all of its drivers, including those managed by car partners, to provide excellent and standardized services. CaoCao Mobility was recognized as the No. 1 brand in user recognition for “best service quality” among China’s leading shared mobility platforms in five consecutive quarterly surveys of thousands of shared mobility users nationwide from the fourth quarter of 2023 to the fourth quarter of 2024.CaoCao’s user experience is differentiated by its fleet of purpose-built vehicles and smart in-cabin features. These differentiators not only bolster its brand but also significantly enhance user satisfaction. Its service to users is also underpinned by a strong focus on safety. According to Frost & Sullivan, CaoCao maintained an order accident rate substantially lower than industry average in 2023 and 2024.Forward-looking senior management embracing new mobilityCaoCao’s senior management team, embodying a proactive mindset and a global vision, averages over 13 years of experience across the internet, mobility service, and automotive industries, with an average age of 43. Guided by a board composed of seasoned veterans, including the Company’s board chairman Mr. Yang Jian, who has over 12 years as vice chairman at Geely Holding, and the executive director and chief executive officer, Mr. Gong Xin, who brings a wealth of experience from his tenure at a leading shared mobility platform, the Company’s leadership team is adept at identifying and addressing the critical needs of passengers and drivers, which significantly enhances the functionality and purpose of vehicles. Profitability improves steadilyCaoCao has accomplished growth and improved its profitability at the same time. From 2022 to 2024, its revenue increased from RMB7.6 billion to RMB14.7 billion, and gross profit margin improved from -4.4% to 8.1%. Its mobility service revenue grew significantly from 2022 to 2024, with RMB7.5 billion in 2022, RMB10.3 billion in 2023, and RMB13.6 billion in 2024. The Company expects its mobility service revenue to continue to grow and be a material contributor to total revenue in the foreseeable future as the shared mobility industry continues to expand and as the Company implements its growth strategy.Breakdown of RevenuesMr. Gong Xin, the executive director and chief executive officer of CaoCao Inc., said, “The current shared mobility market is highly concentrated, and CaoCao is using a differentiated strategy to increase market penetration and provide higher quality ride hailing services to our users. With our fleet of purpose-built vehicles and smart in-cabin features, we offer a differentiated experience for our customers and have significantly increased customer satisfaction. In the future, we will expand our business coverage in China by entering new urban markets. We will adhere to our technology-driven, eco-synergistic strategy and continue to reduce operating costs and enhance user experience through purpose-built vehicles and intelligent technologies, creating long-term value for our shareholders.”Use of proceeds:After deducting the underwriting commissions and other estimated expenses paid and payable in connection with the Global Offering and excluding any Shares which may be issued under the Pre-IPO Option Scheme, assuming that (i) the Over-allotment Option is not exercised; and (ii) each of the Preferred Shares is converted into one Share, based on the Offer Price of HK$41.94 per Share, CaoCao estimates that it will receive net proceeds of HK$1,718.4 million from the Global Offering. In accordance with the Company's strategy, CaoCao intends to apply the proceeds of the Global Offering in the amounts set out below for the purposes as follows:- Approximately 19.0% of the net proceeds, or approximately HK$326.5 million, will be used in the next three years to improve auto solutions and improve service quality;- Approximately 18.0% of the net proceeds, or approximately HK$309.3 million, will be used in the next three years to enhance and launch purpose-built vehicles;- Approximately 17.0% of the net proceeds, or approximately HK$292.1 million, will be used in the next three years to enhance technology and invest in autonomous driving;- Approximately 16.0% of the net proceeds, or approximately HK$274.9 million, will be used in the next three years to expand geographical coverage;- Approximately 20.0% of the net proceeds, or approximately HK$343.7 million, will be used for partial repayment of the principals and interests of certain of bank borrowings;- Approximately 10.0% of the net proceeds, or approximately HK$171.8 million, is expected to be used for working capital and other general corporate purposes.For any inquiries, please contact:Porda Havas International Finance Communications Group LimitedKelly Fung +852 3150 6763 kelly.fung@h-advisors.globalMay Yang +86 15021840493 may.yang@h-advisors.global Copyright 2025 ACN Newswire via SeaPRwire.com.

BANGKOK, June 17, 2025 - (ACN Newswire via SeaPRwire.com) - Talon Academy delivered an outstanding performance to claim the winner of RoV, emerging victorious in a historic match at the depa ESPORTS TOURNAMENT (Grand Final Tournament). The event was filled with excitement and enthusiasm from gamers and esports fans from across the country at BEAT Active BITEC BURI.Asst. Prof. Dr. Nuttapon Nimmanphatcharin, President/CEO of Digital Economy Promotion Agency (depa), stated that the depa ESPORTS TOURNAMENT, one of the key initiatives under the depa ESPORTS Project, has now reached its Grand Final. Throughout the project, more than 6,500 young participants joined various competitions, including sub-events such as depa ESPORTS IN SCHOOL and depa ESPORTS TOURNAMENT which included the Daily Tournament, Influencer Tournament, and Regional Tournament -well surpassing the initial goal of 5,000 participants. depa recognizes the dedication, talent, and potential of all competitors, including their gaming skills, creativity, strategic thinking, teamwork, and sportsmanship. These qualities demonstrate that esports is more than just playing games. It’s a valuable opportunity for learning, development, and growth, both on an individual level and as part of a team.Asst. Prof. Dr. Nuttapon further stated that the depa ESPORTS TOURNAMENT is not merely a stage to crown esports champions, but also a crucial opportunity for Thai youth to showcase their potential, determination, and ambition to pursue careers as professional esports athletes or in other roles within the industry. At the same time, the tournament serves as a source of inspiration for young people with dreams of entering the esports world. It also plays a key role in driving the sustainable growth of Thailand’s esports ecosystem and acts as a small yet significant gear in advancing the country’s digital economy toward true international competitiveness.The highlight of the depa ESPORTS TOURNAMENT (Grand Final Tournament) was the intense competition in the popular game Arena of Valor (RoV), featuring 16 up-and-coming esports teams representing eight regions across the country, selected from the depa ESPORTS TOURNAMENT (Regional Tournament) stage. For the Grand Final, depa and its network of partners transformed the venue into a spectacular esports arena, allowing everyone to experience the thrill and excitement of a competitive atmosphere that closely mirrors international standards. The excitement peaked during the final match, which was broadcasted with live commentary by two of Thailand’s top shoutcasters, BrightO and SunWaltz.Throughout the competition, each team showcased their capabilities in precise game control, strategic planning, quick decision-making, and effective teamwork under pressure. The team that demonstrated outstanding technical skills and professionalism, rising above the rest, was awarded the championship title of the 2025 depa ESPORTS TOURNAMENT. depa sincerely hopes that today’s tournament will serve as a powerful source of inspiration, igniting the dreams of a new generation of youth who are passionate about esports.The winners of the RoV competition at the depa ESPORTS TOURNAMENT (Grand Final Tournament) are as follows:The Winner: Talon Academy – awarded 300,000 THB, a championship trophy, and special prizes from Intel1st Runner-up: Dream – awarded 150,000 THB, a trophy of honor, and special prizes from COM72nd Runner-up: Hater x Doo White – awarded 50,000 THB, a trophy of honor, and special prizes from COM73rd Runner-up: Introvert – awarded 20,000 THB and special prizes from COM75th –8th Place: each team received 10,000 THB9th –15th Place: each team received 5,000 THB“The concept behind organizing the depa ESPORTS TOURNAMENT began in 2018, driven by depa’s commitment to challenging negative perceptions surrounding gaming and esports. We firmly believe that ‘kids who play games are not bad kids. With the right support and guidance, they can become world-class athletes or pursue other professional paths in the esports industry, building careers, generating income, and gaining societal recognition. Therefore, the depa ESPORTS TOURNAMENT is not just a platform to showcase the potential of youth, but a key mechanism for developing the industry, creating opportunities, and reshaping society’s views on esports. It also aims to raise awareness and promote positive attitudes toward esports-related careers, while enhancing the capabilities of Thailand’s esports industry to reach international standards,” said the President and CEO of depa.The implementation of the depa ESPORTS project has been made possible through strong collaboration with Garena Online (Thailand) Co., Ltd., along with various partner organizations that have helped drive the project’s activities toward success. Those interested can view the list of winning teams from the depa ESPORTS TOURNAMENT (Grand Final Tournament) and stay updated on news and upcoming activities from the depa ESPORTS project by visiting www.depa.or.th , LINE OA: depaThailand, and the Facebook Page: depa Thailand. Copyright 2025 ACN Newswire via SeaPRwire.com.

KUALA LUMPUR, June 17, 2025 - (ACN Newswire via SeaPRwire.com) - The Institute of Corporate Directors Malaysia ("ICDM" or "the Institute") recently convened its 8th Annual General Meeting with key advancements signalling a decisive move forward in its mission to elevate corporate governance. In a bold continuation of its 2024 call for boards and directors to 'step up or step out' amidst a time of tremendous change and uncertainty, ICDM is embracing an ethos of 'Being More' by championing significant new initiatives. Among the pivotal developments highlighted at the AGM, ICDM is putting a strong emphasis on the upcoming launch of a national Professional Directors Certification Framework ("PDCF") and the execution of the leadership transition.These key steps forward underscore the Institute's unwavering commitment to tangible and measurable stewardship, especially in applying the principles of good governance across their organisations. In their 2024 reflection, ICDM encouraged corporate directors to unlearn outdated mindsets, relearn what the future demands, and embrace innovation with courage and a relentless commitment to board excellence and their continuous development. To this end, ICDM's efforts to professionalise directors and boards will be formalised via a framework that outlines clear standards and qualifications for directors and boards in the later part of 2025.Michele Kythe Lim, President & Chief Executive Officer (CEO) said, "The very future of an organisation depends on the precise and integral leadership of boards and directors. Therefore, they must champion governance, accountability, and performance standards with the same rigour they demand from the companies they oversee. As the national IoD, we are committed to these standards, a commitment proven by an independent Board and Director Effectiveness Evaluation (BDEE) of our own board, which reaffirmed our strengths. Our early structured succession plan further underscores our dedication to organisational growth and mission fulfilment and the Institute has put in place initiatives and achieved many milestones that have brought us to this point. I couldn't be prouder of the team and am confident that in ICDM, soon to be under Jackie's capable leadership and with the unwavering support of the board, we will continue to set the bar high.These milestones and initiatives, highlighting ICDM's robust growth, include:Community Expansion: Grew to over 1,500 individual members and 127 corporate members, 64% of which represent public-listed companies (PLCs) with the remaining 36% from the private and public sectors.Programme Delivery & Training: Delivered over 500 programmes and trained more than 30,000 directors, with increasing participation in development programmes like Aspiring Directors Immersion Programme (ADIP) and Leading for Impact (LIP).Revenue Growth (2024 vs. 2023):Overall Revenue: Increased by 53%.Leading for Impact (LIP) Programme Revenue: Increased by 172%.Membership and Director Sourcing Revenue: Increased by 52%.Board Remuneration Reviews Revenue: Increased by 56%.Bespoke Programmes Revenue: Increased by 24%.Aspiring Directors Immersion Programme (ADIP) Revenue: Increased by 211%.Directors Registry: Features 1,264 pre-screened, board-ready candidates.Female Representation in Registry: Rose to 38% in 2024, a significant increase from 33% in 2023.ICDM will launch the PDCF later this year - a structured, competency-based pathway for directors and for the industry and companies, globally aligned and with a benchmarked baseline qualification. This is in line with the roadmap set out by the Securities Commission Malaysia towards achieving a resilient and high-performing capital market. This national set of standards aims to significantly accelerate the growth of a diverse and qualified talent pool of directors across both public and private sectors and government-linked boards to help companies achieve optimal board composition from the start.Jackie Mah, the current Executive Vice President and succeeding President and CEO of ICDM, said, "Now more than ever, companies, boards and directors are pressing for qualified leaders and peers who uphold uncompromising standards of professionalism and ethical conduct. Just as we hold employees of organisations to certain standards and evaluate them with clear key performance indicators, Boards and Directors should also have mechanisms in place to evaluate their performance and development. The PDCF is not just a certification-it is a commitment to ensuring exemplary standards and quality of leadership among directors across the public and private sectors to meet rigorous, clearly defined benchmarks. More importantly, it will strengthen board effectiveness at scale and safeguard the future success of businesses and organisations."Since its inception in 2018, ICDM has championed diversity, inclusion, and sustainability in boardrooms. They have expanded their services to include independent board and director effectiveness evaluations (BDEE), board skills matrix, and director sourcing, achieving a 69% success rate in director placements, including women and first-time directors. To further impact governance, ICDM has led regional initiatives like the ASEAN Board Trends Report and ASEAN Directors Registry, and formed strategic partnerships with IOD UK and other regional IoDs, the 30% Club Malaysia, and Climate Governance Malaysia, aiming to elevate board leadership across borders. Additionally, ICDM provides the Mandatory Accreditation Programme (MAP) and Leading for Impact (LIP) for professional development, empowering boards with essential competencies. They also offer comprehensive board advisory and consultancy services, including coaching and mentoring. ICDM engages in advocacy through its network and external stakeholders, expanding its training and advisory services to include sustainability and ESG.About the Institute of Corporate Directors Malaysia (ICDM):The Institute of Corporate Directors Malaysia (ICDM) is a membership-based organisation whose mandate is to professionalise directorship in Malaysia. As the national institute of directors (IoD), ICDM is committed to providing continuous professional development - empowering boards and directors with forward-thinking mindsets, practical knowledge and essential competencies. Established by the Securities Commission Malaysia (SC) and supported by Bank Negara Malaysia, Bursa Malaysia and the Capital Market Development Fund (CMDF), ICDM's goal is to be the leading influence of excellence in governance and to build a robust corporate governance culture in Malaysia. For more information on ICDM, please visit our website at www.icdm.com.myFor any media enquiries, please contact: Imelia Kyra, Narro CommunicationsE: imelia@narrocomms.com Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Jun 17, 2025 - (ACN Newswire via SeaPRwire.com) - CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883) is pleased to announce that its innovative solution, “AI Databank”, has won a Silver Medal at The 50th International Exhibition of Inventions Geneva[i]. This international accolade reaffirms the company's outstanding performance in AI business applications and its top-notch research and innovation capabilities.The globally prestigious International Exhibition of Inventions Geneva is an annual highlight in the innovation and technology sector, gathering leading researchers to unveil their latest cutting-edge research and inventions. This year’s event was held in Switzerland from April 9 to 13, bringing together global innovative ideas. It featured over 1,000 inventions from 35 countries and regions, with close to 300 entries from Hong Kong. All the award-winning entries were evaluated by an international jury of 135 specialists. CITIC Telecom CPC’s AI Databank earned international recognition for its groundbreaking AI data governance technology, demonstrating significant practical value and market potential. This accolade underscores the company’s core strengths in research and innovation.Mr. Brook Wong, Chief Executive Officer of CITIC Telecom CPC, said, "It is a great honor to receive this international accolade. The international recognition of our AI Databank underscores CITIC Telecom CPC’s innovative prowess and forward-looking deployment in AI. This achievement reflects our team’s technical excellence and reinforces our dedication to 'Innovation Never Stops.' Moving forward, we will remain on deepening our commitment to AI and technological innovation, allowing us to deliver more solutions that drive digital transformation in the global market, while offering world-class services and fostering high-quality international business growth. Heartfelt congratulations to our award-winning team, I look forward to their continued success in setting global standards of excellence."Cutting-edge Patented Technology: A Unified Platform to Overcome Data SilosCITIC Telecom CPC's AI Databank is an advanced intelligent data platform that utilizes smart algorithms and big data analysis to accelerate enterprises in achieving secure and efficient data governance, realizing cross-system integration, and generating insightful analytical reports. It also facilitates the collection, monitoring, and compliance reporting of ESG (Environmental, Social and Governance) data. The platform seamlessly integrates big data, AI, large language models (LLM) and generative AI to create a unified data platform. Not only can it eliminate data silos, but it can also seamlessly enable cross-system integration and extract valuable business insights by synthesizing structured and unstructured data. With the certified “A Big Data Business Intelligence Reporting System Based on AI Q&A" as its core patented technology, AI Databank is designed for multi-industry enterprises, business teams, and data analysts. This innovative and AI-driven business intelligence reporting system is centered on user-friendliness and its unified analytical capability. To illustrate, the integration of big data storage architecture and large language model assistant empowers users without technical expertise to conduct cross-database queries, process data, and visualize analysis through natural language query (NLQ), making insight generation effortless.Empowering Multinational Companies with Data Governance for a Sustainable Future AI Databank redefines enterprise-level data governance framework through its unified data platform and innovative technologies. Backed by CITIC Telecom CPC’s teams of experts, it resolves the challenges of data silos and compliance management faced by multinational companies. Moreover, the platform enables seamless data integration across regions and systems, intelligently managing multilingual translations and local compliance requirements. This ensures that headquarters can uphold core data standards while subsidiaries or regional branches retain the flexibility of localizing operation. By incorporating cutting-edge AI technologies, the platform is able to quickly generate accurate multinational business reports, provide in-depth analysis of regional market trends and deliver essential insights into product competitiveness and revenue performance, thereby greatly improving decision-making efficiency and operational coherence. AI Databank is a versatile solution and has been successfully deployed in financial firms. Aside from supporting cross-database queries and analysis visualization, it integrates ESG data related to energy consumption and carbon emissions, empowering clients to facilitate sustainable development and implement data-driven business improvements.About CITIC Telecom CPCWe are CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), serving multinational enterprises the world over by addressing their specific ICT requirements with highly scalable tailored solutions built upon our flagship technology suites, comprising TrueCONNECT™ private network solutions, TrustCSI™ information security solutions, DataHOUSE™ cloud data center solutions, and SmartCLOUD™ cloud computing solutions.With the motto “Innovation Never Stops,” we leverage innovative technologies to boost technology empowerment (+AI). Embracing AI, AR, Big Data, IoT, and other cutting-edge emerging technologies we aim to unlock technical potential. By integrating deep learning and intelligent data analysis technologies, we transform these technologies into data empowerment (AI+) generative applications, reshaping the Intelligence Operation Journey of enterprises.With our Global-Local capabilities, we are committed to providing our customers with one-stop-shop ICT solutions with superior quality. Having a worldwide footprint across nearly 160 countries and regions, including Asia, Europe and America, Africa, the Middle East, and Central Asia, our global network resources connect nearly 170 points of presence (POPs), 60+ SDWAN gateways, 20 Cloud service centers, 30+ data centers, and three dedicated 24x7 Security Operations Centers (SOCs). We are certified with a series of international certifications, including SD-WAN Ready, ISO 9001, 14001, 20000, 27001, and 27017, to ensure our services compliance with international standards and resources for enterprises. We offer local professional services, superior delivery capabilities as well as exceptional customer experience and best practices through our global presence and extensive industry know-how, becoming a leading integrated intelligent ICT service provider to enterprise customers.For more information, please visit www.citictel-cpc.com.Media Contacts:Catherine YuenCITIC Telecom CPC(852) 2170 7536 Email: catherine.yuen@citictel-cpc.com[i] International Exhibition of Inventions Geneva - https://www.inventions-geneva.ch/en/home-en/ Copyright 2025 ACN Newswire via SeaPRwire.com.

- Viva Technology 2025 concluded successfully last Saturday with the Hong Kong Tech Pavilion, organised by the Hong Kong Trade Development Council, effectively supporting local start-ups in entering the European market.- A series of events, including seminars, start-up pitching sessions, workshop and networking reception and business matching, provided a robust platform for start-ups to demonstrate Hong Kong’s innovation and technology capabilities.- The participating start-ups achieved successful outcomes, including Point Fit Technology, a Hong Kong healthtech start-up, signing a Memorandum of Understanding with Kinomap, a French indoor training platform.HONG KONG, Jun 16, 2025 - (ACN Newswire via SeaPRwire.com) - Viva Technology (VivaTech) 2025 in Paris, Europe’s biggest start-up and tech event, concluded last Saturday. The Hong Kong Trade Development Council (HKTDC), in collaboration with Strategic Partner, the Hong Kong Economic and Trade Office in Brussels, and Supporting Organisations including Invest Hong Kong, Hong Kong Science and Technology Parks Corporation (HKSTP), and Hong Kong Cyberport, set up the Hong Kong Tech Pavilion. The Pavilion promoted 20 Hong Kong start-ups to investors and buyers, and hosted seminars, start-up pitching sessions, workshop and networking reception, inviting representatives from various enterprises and organisations to analyse trends in Hong Kong’s start-up ecosystem. Business matching meetings were also arranged to help start-ups explore opportunities in the European market.Hong Kong tech ventures were the recipients of VivaTech awards including Ailytics Limited, which developed AI-Powered Video Surveillance Systems (AI-VSS) for operations, was awarded among the Top 30 of VivaTech Innovations of the Year Award and was also selected as one of the Top 5 winners of the Startup Challenge organised by Électricité de France (EDF). Imsight Technology, OKOsix, and Vismed Training were nominated as finalists in the VivaTech Tech for Change Award, recognising their positive impact respectively in cancer diagnostics, biomaterial composition, and medical training and care. Braillic Limited, specialising in Augmented Reality (AR) guided surgical navigation systems, was nominated in the Top 12 AI Tech Trail. AQUMON and Midas Analytics, which developed AI-driven wealth management and data analysis solutions, were nominated as the Top 12 FinTech Trail.The Hong Kong Tech Pavilion also achieved notable success. Point Fit Technology, a healthtech start-up signed a Memorandum of Understanding (MoU) with Kinomap, a French indoor training platform. Point Fit’s sweat sensor continuously monitors muscle fatigue without invasive blood tests, will integrate their sweat biomarker data into Kinomap’s platform. This will enhance indoor training experiences and expand Point Fit’s sales channels through Kinomap’s global partner network. During VivaTech, Point Fit Technology’s research attracted international interest. Kenny Oktavius, Co-founder & CEO of Point Fit Technology Limited, said: “Apart from signing an MoU with Kinomap, we also linked up with a top European football club, and secured key partners that will help us to further penetrate the European market.”Founded in Singapore with an international office in Hong Kong, Ailytics’ AI-VSS products are used to enhance safety and maximise productivity by leveraging existing cameras. The company is in discussion with EDF and will conduct a trial run at EDF’s new power plants in France. Wei Zhuang Tan, CEO, Ailytics said: “We received enormous resources and support in Hong Kong, especially from HKTDC and HKSTP to expand into the international market. Through joining the Hong Kong Tech Pavilion at VivaTech, we have met customers and partners and have a deeper understanding about the requirements of French companies.”Midas Analytics, which introduced its newly launched Asia Market Intelligence platform and AI Agent at VivaTech, drew strong interest from investors, analysts, and strategic partners. Founder Michele De Flippo said: “We have connected with a high-caliber audience that included institutional investors, corporate venture leaders, innovation executives from major banks and consulting firms, and decision-makers from government ecosystems. Through curated business matching sessions organised by the HKTDC and meeting with high-calibre audience, we identified multiple potential partners and expansion opportunities. The interest reinforced both the commercial potential of Midas Analytics and the clear demand in Europe for better visibility into fast-changing Asian markets.”Professor Sun Dong, Secretary for Innovation, Technology and Industry of the HKSAR Government, attended the workshop and networking reception themed under “From Hong Kong to the World: Embarking on the New Journey of Innovation" last Friday. Highlighting that Hong Kong being an ideal gateway for global enterprises to enter the Mainland market, Professor Sun said the HKSAR Government has been actively attracting overseas and the Mainland I&T enterprises to set up or expand their businesses in Hong Kong. Companies choosing HK for the international headquarters exemplify Hong Kong’s important role as a "super connector" and a "super value-adder" between Mainland China and the rest of the world, serving as a two-way springboard for attracting overseas enterprises and helping Mainland enterprises to "go global".The subsequent discussions explored the strengths of Hong Kong’s innovation ecosystem, and how to leverage Hong Kong’s advantages to seize new opportunities. Cindy Chow, Executive Director & CEO of Alibaba Entrepreneurs Fund, together viAct, Sandbox VR, and Orcauboat founders, shared their success stories leveraging Hong Kong as the platform for global expansion. Chapman Lee, Director of Imsight Technology Co., Limited, highlighted the strengths of Hong Kong’s R&D capabilities and access to international investment.According to the Global Startup Ecosystem Report 2025 by Startup Genome, a research institute, during VivaTech 2025, Hong Kong entered the Top 40 ranking for the first time. The ecosystem jumped 20 positions to 27th in the 2025 ranking.The HKTDC continues to lead Hong Kong businesses in participating in major international tech exhibitions, helping local start-ups expand overseas and reinforcing Hong Kong’s position as a global innovation and technology hub. Following the Consumer Electronic Show 2025 in Las Vegas and Mobile World Congress in Barcelona earlier this year, HKTDC once again organised the Hong Kong Tech Pavilion at VivaTech in Paris, providing an effective platform for start-ups to showcase innovations, attract investment, and explore the European market.The 9th edition of VivaTech attracted more than 14,000 start-ups, 180,000 visitors, and 3,600 investors from 171 countries and regions. Industry leaders from around the world shared unique insights, further making the event a key highlight of the global tech ecosystem.List of 20 Start-ups at the Hong Kong Tech Pavilion: CategoryCompany Name1AI & RoboticsAilytics Limited2Anonymous Dots Technology Co., Limited3AutoKeybo Limited4Neufast Limited5Nuvatech Limited6Pantheon Lab Limited7Robocore Technology Limited8Westwell Holdings (Hong Kong) Limited9FinTechAQUMON10Midas Analytics Limited11Health TechBraillic Limited12HairCoSys Limited13Imsight Technology Co., Limited14Laboratory of Data Discovery for Health15Metis Therapeutics HK Limited16Point Fit Technology Limited17Vismed Training Limited18Sustainable & Climate TechD-Shape Limited19Lacess Limited20OKOsix LimitedPhoto download: https://bit.ly/446vDOt 20 Hong Kong start-ups showcased their innovative solutions and products at VivaTech 2025. Healthtech start-up Point Fit Technology signed an MoU with Kinomap, a French indoor training platform. Professor Sun Dong, Secretary for Innovation, Technology and Industry, delivered a keynote speech at the Workshop and Networking Reception “From Hong Kong to the World: Embarking on the New Journey of Innovation”. HKTDC hosted a series of engaging events during VivaTech, inviting representatives from various sectors and arranged business matching to help Hong Kong startups expand into the European market.Websites: https://vivatechnology.com/partners/hong-kong-tech-pavilionMedia enquiriesFor enquiries, please contact HKTDC’s Communications & Public Affairs Department:Katy WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgMedia Room: http://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. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.

SAN DIEGO, CA, June 16, 2025 - (ACN Newswire via SeaPRwire.com) - General Atomics Aeronautical Systems, Inc. (GA-ASI) is partnering with Saab to develop Airborne Early Warning and Control (AEW&C) capability for its line of MQ-9B Remotely Piloted Aircraft, which includes the SkyGuardian® and SeaGuardian® models, the United Kingdom's Protector, and the new MQ-9B STOL (Short Takeoff and Landing) model currently in development. GA-ASI plans to fly AEW on MQ-9B in 2026."High and low-tech air threats both pose major challenges to global air forces," said GA-ASI President David R. Alexander. "We're developing an affordable AEW solution in cooperation with Saab, the leading provider of AEW&C systems, that will transform our customers' operations against both sophisticated cruise missiles and simple but dangerous drone swarms. We're also making AEW capability possible in areas it doesn't exist today, such as from some navy warships at sea."GA-ASI will pair Saab's AEW sensors with the world's longest-range, highest-endurance unmanned aircraft system (UAS), the MQ-9B. At sea or over land, the AEW mission package on MQ-9B will put air dominance within reach at a lower cost than legacy platforms.The MQ-9B AEW solution will offer critical aloft sensing to defend against tactical air, guided missiles, drones, and other threats at a fraction of the cost of manned platforms. Operational availability for medium-altitude long-endurance UAS is the highest of any military aircraft, and as an unmanned platform, its aircrew are not put into harm's way. AEW for MQ-9B will augment existing AEW fleets by extending their effective ranges. It also gives air forces that need AEW, but lack legacy platforms, a powerful and affordable means to counter threats.GA-ASI and Saab's AEW offering will span a wide range of applications, including early detection and warning; long-range detection and tracking; simultaneous target tracking and flexible combat system integration, all over line-of-sight and SATCOM connectivity.MQ-9B is the world's most advanced medium-altitude, long-endurance UAS. GA-ASI has MQ-9B orders from the United Kingdom, Belgium, Canada, Poland, Japan, Taiwan, India, and the U.S. Air Force in support of the Special Operations Command. MQ-9B has also supported various U.S. Navy exercises, including Northern Edge, Integrated Battle Problem, RIMPAC, and Group Sail.About GA-ASIGeneral Atomics Aeronautical Systems, Inc., is the world's foremost builder of Unmanned Aircraft Systems (UAS). Logging more than 8 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle® 25M, MQ-20 Avenger®, and MQ-9B SkyGuardian®/SeaGuardian®. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike.For more information, visit www.ga-asi.com.Avenger, EagleEye, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.Contact InformationGA-ASI Media Relationsasi-mediarelations@ga-asi.com(858) 524-8101SOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com.

SAN DIEGO, CA, June 16, 2025 - (ACN Newswire via SeaPRwire.com) - General Atomics Aeronautical Systems, Inc. (GA-ASI), the world leader in unmanned aircraft from the iconic Predator® to the YFQ-42A Collaborative Combat Aircraft, has unveiled a new small uncrewed launched effect with widespread multi-mission capabilities for the global aerospace and defense market.Inspired by Pele, the Hawaiian goddess of powerful natural forces in the Pacific, the Precision Exportable Launched Effect - PELE - is a small, attrition-tolerant, propeller-driven unmanned aircraft designed to extend the sensing and other capabilities of a mothership aircraft and its user service. PELE is a semi-autonomous unmanned aircraft system (UAS) with an 11-foot wingspan and 16-horsepower engine that extends user reach within challenging environments with potent effects. PELE also could be launched from the ground.The new PELE is optimized for use on the MQ-9B SkyGuardian®, the world's foremost medium-altitude, long-endurance, multi-mission uncrewed aircraft. MQ-9B is in use or being considered for use by a growing number of nations around the world. PELE can fly with an onboard electro-optical infrared sensor for full-motion video as well as other integral sensors. The aircraft also has internal stowage for its own mission payloads."PELE brings even more versatility to growing MQ-9B fleets around the world," said GA-ASI President David R. Alexander. "On one day, an air force might fly an MQ-9B with no external payloads to maximize its patrol time. Then on the next day, the same aircraft could take off and fly with several PELEs that would stand in against the adversary and take the immediate risks to preserve the larger aircraft."For example, MQ-9B might approach a contested boundary from international waters and release PELE to scout through the disputed zone to assess a hostile force's order of battle or detect and precisely geo-locate anti-air systems. PELE is 9 feet in length, has a maximum gross takeoff weight of 250 pounds, 7 hours of endurance and range of 500 nautical miles.About GA-ASIGeneral Atomics Aeronautical Systems, Inc., is the world's foremost builder of Unmanned Aircraft Systems (UAS). Logging more than 8 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle® 25M, MQ-20 Avenger®, and MQ-9B SkyGuardian®/SeaGuardian®. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike.For more information, visit www.ga-asi.com.Avenger, EagleEye, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.Contact InformationGA-ASI Media Relationsasi-mediarelations@ga-asi.com(858) 524-8101SOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com.

PARIS, FRANCE, June 16, 2025 - (ACN Newswire via SeaPRwire.com) - General Atomics Aeronautical Systems, Inc. (GA-ASI) returns to Paris in 2025 with a variety of new products and concepts highlighting the future of uncrewed airpower at its stand in Hall 3, B-176, beginning June 16. The centerpiece of the exhibit is a full-scale model of GA-ASI's Collaborative Combat Aircraft (CCA), dubbed YFQ-42A by the U.S. Air Force, in its first international showing."We're excited to show off the design of our new YFQ-42A CCA at the largest aviation event of the year," said GA-ASI President David R. Alexander. "We know the world is paying attention to our CCA development. Ground tests are underway, and we look forward to first flight in the coming weeks, as we once again rewrite the rules of airpower."The CCA is one of the many products and capabilities showcased by GA-ASI in Paris. Other products the company will highlight include its growing line of unmanned aircraft systems (UAS), including the MQ-9B SkyGuardian® and SeaGuardian®, and the ability to configure the MQ-9B platform with short takeoff and landing (STOL), as well as the development of an Airborne Early Warning (AEW) capability for MQ-9B.The stand will also feature a demonstration of its new release of TacSit-C2®, GA-ASI's tactical situational awareness software for payload Command and Control (C2) that enables operators to plan and execute missions as part of GA's Quadratix software enterprise.About GA-ASIGeneral Atomics Aeronautical Systems, Inc., is the world's foremost builder of Unmanned Aircraft Systems (UAS). Logging more than 8 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle® 25M, MQ-20 Avenger®, and MQ-9B SkyGuardian®/SeaGuardian®. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike.For more information, visit www.ga-asi.com.Avenger, EagleEye, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.Contact InformationGA-ASI Media Relationsasi-mediarelations@ga-asi.com(858) 524-8101SOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Jun 13, 2025 - (ACN Newswire via SeaPRwire.com) - Tat Hong Equipment Service Co., Ltd. (“Tat Hong” or the “Company”, together with its subsidiaries, the “Group”) (Stock Code: 2153), the first foreign-owned tower crane service provider established in the PRC, has announced its annual results for the year ended 31 March 2025 (“FY2025” or the “Year”).In FY2025, the Group recorded revenue of approximately RMB 634.6 million (2024: RMB682.3 million). Loss attributable to equity holders of the Company for the year ended 31 March 2025 amounted to RMB 120.5 million (2024: RMB95.6 million). The increase in loss was primarily due to (i) slower economic growth and a downturn in the construction industry led to a decline in revenue; and (ii) the adjustment of deferred tax resulted in increased income tax expenses.As at 31 March 2025, the Group is managing a total of 1,180 tower cranes. The Group’s total tonne metres (TM) in use decreased from 3,178,404 for the year ended 31 March 2024 to 3,137,910 for the year ended 31 March 2025. As at 31 March 2025, the Group had 256 projects in progress with a total outstanding contract value of approximately RMB 721.4 million and 38 projects on hand of total expected contract value at approximately RMB 78.7 million.During the financial year, under the effect of insufficient market demand and the decline in the average monthly service price of tower cranes per TM, the supply and demand mismatch had resulted in high market competition in the entire construction machinery industry. To cope with the sluggish market conditions, the Group has developed tailored strategies and continuously adjusted its business mix, progressively reducing the revenue contribution from the real estate sector.In response to the national initiative to vigorously develop clean energy and aligning with market trends and growth potential, the Group has concentrated on thermal power projects and nuclear power projects. Clean energy projects usually entail lengthy construction cycles and large-scale operations, and the Group has obtained significant advantages by leveraging its extensive industry experience, established construction expertise, and strong technical capabilities.In FY2025, the Group accelerated its overseas market presence, thoroughly implemented its operational strategies through its subsidiaries in the Greater Bay Area and in Indonesia, and gradually expanded its fleet of large and medium-sized tower cranes. Up to now, large-tonnage-meter tower cranes have been predominantly deployed in the projects across Hong Kong and Indonesia. In light of the above, clean energy and overseas projects remain the Group’s key priorities for future development.During the year, the Group had continued the investment in the digitalization of the management platform and the research and development of new tower crane technical solutions. As at 31 March 2025, the Group possess 187 registered patents for utility models and inventions relating to tower cranes. The robust technical capabilities will continue to enable the Group to procure projects, and the enhancement in the research and development capabilities for tower crane technical solutions will reinforce the excellent delivery in services.Mr. Sean Yau, CEO of Tat Hong Equipment Service Co., Ltd., said: " In addition to the downturn in the property market and the construction industry, the geopolitical tensions and the depreciation pressure on the RMB further weakened the economy of the PRC. Tackling these economic challenges and the changing business environment., we have promptly adopted adjustments to our development strategies, including the expansion to the clean energy construction segment and the geographical expansion to the Greater Bay Area and Indonesia, and we believe the positive impact will be reflected in the coming years.Mr. Roland Ng, Chairman of Tat Hong Equipment Service Co., Ltd., said: “In the most trying circumstances, we remain steadfast in our original mission. Guided by our core corporate values ‘Virtue , Safety and Excellence , we will continue to excel in our business endeavors. In the coming financial year, we will continue to further strength our position in the above new segments and locations, and seize new opportunities in the market, so as to concentrate on the research and development of new tower crane technologies to equip ourselves with the most robust technical capabilities to deliver excellent services to our clients. Furthermore, we will also continue to achieve resources sharing, cost reduction and efficiency enhancement. With all the above measures, we believe we can fulfil the Group’s goal to become ‘the best construction equipment service provider’ in the industry.”About Tat Hong Equipment Service Co., Ltd. (Stock Code: 2153)Tat Hong Equipment Service Co., Ltd. is the first foreign-owned tower crane service provider established in the PRC. Since 2007, the Group has established as a tower crane service provider for one-stop tower crane solution services from consultation, technical design, commissioning, construction to after-sales services primarily to Chinese Special-tier and Tier-1 EPC contractors. Guided by its core values, “Virtue, Safety and Excellence”, the Group has successfully established its market position and maintained stable, reputable and loyal customer base in the construction industry in the PRC.Media EnquiriesStrategic Financial Relations LimitedHeidi SoTel:(852) 2864 4826Email: heidi.so@sprg.com.hk Mel LaiTel:(852) 2864 4855Email: mel.lai@sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Jun 13, 2025 - (ACN Newswire via SeaPRwire.com) - With the national strategy of “new quality productive forces” driving high-quality development, Yee Hop Holdings Limited (“Yee Hop Holdings”; stock code: 1662.HK) subsidiary Absolute Pure EnviroSci Limited (“APEL” or “the Company”) is actively aligning with national policies. It has recently established a Microfactory in collaboration with the Hong Kong Productivity Council (“HKPC”) to industrialize the patented Wisepura Aquapura porous silica capsule technology in Hong Kong, promoting smart manufacturing and new industrialization. The HKPC’s Life & Health Tech Hall, which opened in March this year, showcases over 20 research achievements and innovative applications developed by the HKPC, InnoHK, local universities, and industry partners, including the patented Wisepura Aquapura porous silica capsule technology.The World’s First Wisepura Aquapura Microfactory Fully OperationalAs a significant achievement of the collaboration, the world’s first Wisepura Aquapura Microfactory, developed in collaboration between APEL and HKPC, was officially launched on 13 June 2025 in Kowloon Bay, Hong Kong. This marks the successful implementation of the first phase of “Industry 4.0” and a significant milestone in the industrialization of APEL’s research achievements. During the inauguration ceremony, attended by numerous guests from the investment and business sectors, Mr. Jackin Jim, Chairman of Yee Hop Holdings, Dr. David Chung, Chairman of APEL, and Dr. Pat Yeung, Director of APEL, jointly unveiled the Microfactory, officially announcing its commencement of operations.Dr. Pat Yeung, Director of APEL (first from the left), Mr. Jackin Jim, Chairman of Yee Hop Holdings (second from the left), Mr. Mohamed Butt, Executive Director of HKPC (second from the right), and Dr. David Chung, Chairman of APEL (first from the right) are pictured together at the Wisepura Aquapura Microfactory Inauguration Ceremony.Dr. David Chung, Chairman of APEL, said, “We are honored to collaborate with HKPC in establishing the Wisepura Aquapura Microfactory, and we would like to extend our heartfelt gratitude to HKPC for their support. This collaboration highlights our strong research and innovation capabilities in the field of life and health technology. The official commencement of production at the APEL Wisepura Aquapura Microfactory enhances our ability to meet the growing market demand and injects new momentum into the company’s development. Looking ahead, we will continue to expand our network of partners and actively pursue international opportunities, endeavoring to bring local research achievements to the global stage and contribute to global health and environmental protection, working together for a sustainable future.”Dr. David Chung, Chairman of APEL, delivers a speech at the inauguration ceremony.Establishes Strategic Partnership with Shanhu Group to Explore New Opportunities in Water Purification and Aquaculture Technology in the Greater Bay AreaGuangdong Shanhu Group Co., Ltd. (“Shanhu Group”), a global leader in indoor air environment solutions, has seen its core product, industrial fans, gain widespread popularity across six continents, serving over 50 million users. Since 2015, Shanhu Mechanical and Engineering Co., Ltd., a subsidiary of Shanhu Group, has taken a forward-looking approach in the research and development (R&D) of intelligent and energy-saving technologies for aquaculture machinery. On 13 June 2025, APEL officially signed a strategic Memorandum of Understanding (MoU) with Shanhu Group to jointly enter the water purification and intelligent aquaculture sectors. The collaboration aims to develop advanced solutions for high-demand applications such as water purification equipment, ecological restoration technologies, and smart monitoring systems. These innovations will target environmental projects including river remediation, black and odorous water treatment, and ecosystem rehabilitation. Additionally, the partnership will address the stable demand for new filtration materials, water treatment processes, and water quality monitoring technologies in municipal wastewater treatment plants and industrial park facilities. The two companies will also establish cooperative relationships with government environmental agencies and municipal engineering firms to participate in wastewater treatment project bids and provide customized solutions.The collaboration encompasses technological R&D, market expansion, and resource sharing. The two parties will jointly develop intelligent water quality monitoring systems, leveraging big data and artificial intelligence (AI) to optimize aquaculture decision-making while promoting high-efficiency purification technologies for environmental engineering and municipal wastewater treatment markets. The project will integrate Shanhu Group's expertise in electromechanical equipment and disinfection technologies with APEL's proprietary Wisepura Aquapura Microfactory water treatment solutions. This one-year agreement, renewable upon expiration, will initially focus on deploying the collaborative achievements in the Guangdong-Hong Kong-Macao Greater Bay Area through business and technical exchange forums. The partnership is expected to drive the advancement of environmental protection and aquaculture industries in the region, fostering industrial chain transformation. Looking ahead, the collaboration aims to gradually expand into overseas markets.APEL (left) and Shanhu Group sign a strategic Memorandum of Understanding.Advancing towards a new era of “Industry 4.0” with smart manufacturingIn advancing “Industry 4.0” initiative, the APEL Wisepura Aquapura Microfactory integrates cutting-edge technologies such as physical AI, the Internet of Things, and big data into its manufacturing processes. This enables smart monitoring and automated management, enhancing overall operational efficiency and product quality. To mitigate the impact of rapid temperature increase during mixing on the structural integrity and performance of the smart silica capsules, the factory has installed a customized smart temperature control system powered by physical AI to ensure stable product quality. The factory is also equipped with a human-machine interface (HMI), programmable logic controllers (PLCs), and clean-in-place (CIP) systems to boost production efficiency and flexibility. Additionally, it features an Industrial Internet of Things (IIoT) monitoring system to track change of temperature and volume and electricity usage in real time, optimizing energy management. It also adopts just-in-time (JIT) production management to reduce inventory backlog and resource waste, comprehensively promoting efficient smart manufacturing operations.By implementing lean management and the principles of smart manufacturing, APEL’s world-first Wisepura Aquapura Microfactory successfully integrates customized production technology, mechanical automation, and data visualization within a limited space. This achievement enables flexible small-batch customized production and achievies “Industry 4.0 1i Maturity,” paving the way for physical AI applications.Guests visiting the APEL Wisepura Aquapura Microfactory.Dual Advancement in Health and Environmental Technology InnovationWater is an essential resource for sustaining human life and ecological health. However, urban development has exacerbated water pollution, posing significant threats to public health and ecosystems. To address these challenges, APEL has developed Wisepura Aquapura, featuring the world’s first patented porous silica capsule technology. This innovation has received gold and silver medals at the International Exhibition of Inventions of Geneva in 2022 and 2024, respectively. It intelligently releases active ingredients upon contact with water, effectively eliminating over 95% of harmful microorganisms and antibiotic-resistant bacteria while also meeting diverse application needs. This technology has been widely applied across Hong Kong’s public infrastructure, targeting over 30 types of bacteria, fungi, and viruses in water supply, air conditioning, and sewage systems—including Legionella, hand-foot-and-mouth disease pathogens, influenza virus, and Candida albicans—significantly reducing the risk of waterborne and aerosol-transmitted diseases. Moreover, the silica capsule can be reused multiple times and safely disposed of at the end of its lifecycle, thereby minimizing environmental impact and setting a new standard for water treatment solutions.APEL’s world-first Wisepura Aquapura Microfactory successfully integrates customized production technology, mechanical automation, and data visualization, achieving “Industry 4.0 1i Maturity.”About Wisepura Aquapura MicrofactoryLocated in Kowloon Bay, the APEL Wisepura Aquapura Microfactory scales up laboratory processes to pilot production while effectively adapting to the spatial constraints of traditional multi-story industrial buildings in Hong Kong. It achieves a high production capacity of 6 tons per day. At the heart of the production line is its C-shaped layout, laying a solid foundation for efficient operations. The factory is equipped with mixing, filling, and screw capping systems, along with smart technologies, and a customized pipeline system that connects 5 pharmaceutical-grade mixing tanks, enabling comprehensive lean management. Due to the limited space, the factory is equipped with a 2.5-meter-high automatic capping machine that maximizes vertical space, demonstrating the perfect integration of space efficiency and smart technology.The launch of the Microfactory not only significantly enhances production efficiency but also accelerates APEL’s collaboration with Superpower Pumping Engineering Co., Ltd., facilitating the market expansion of research products. Furthermore, the Microfactory has received official orders from the Drainage Services Department, demonstrating strong recognition of its solutions and generating tangible economic benefits for the Company. To tap into the Japanese market, which places high value on personal health and environmental hygiene, APEL is currently holding an innovative interactive exhibition at The Lab. in Osaka to showcase its three flagship products—Wisepura water and air purification systems, GERMAGIC™ antimicrobial coating, and GERMAGIC™ PET health care solutions for pets—seizing growth opportunities in Asia’s health technology industry.About Yee Hop Holdings LimitedYee Hop Holdings Limited (stock code: 1662.HK) is a company listed on the Main Board of the Stock Exchange of Hong Kong Limited and a long established contractor in Hong Kong, principally engaged in the provision of foundation works and tunneling works. In addition, its associate company, Windmill Street Development, is engaged in the development of premium property projects in Birmingham, the United Kingdom. In 2023, the Group established Absolute Pure EnviroSci Limited (“APEL”), which focuses on health and environmental innovations, including the distribution and research and development of specialty biochemical and biomedical products. APEL has also established laboratories in collaboration with The Hong Kong University of Science and Technology (“HKUST”) and the Hong Kong Science Park successively. The joint laboratory, “HKUST-AP EnviroSci Ltd. Joint Laboratory on Health and Environmental Innovation,” was officially launched on 10 January 2024. Additionally, the “APEL Biomedical Technology Innovation and Translational Commercial Laboratory” located at the Hong Kong Science Park was officially inaugurated on 13 March 2024.For more information about Yee Hop Holdings, please visit: http://www.yee-hop.com.hk/About Absolute Pure EnviroSci LimitedAbsolute Pure EnviroSci Limited (“APEL”), is an indirect non-wholly owned subsidiary of Yee Hop Holdings Limited, a company listed on the Main Board of the Stock Exchange of Hong Kong Limited (stock code: 1662.HK). With a mission to improve the quality of life and living environments, APEL is principally engaged in the research and development and commercialization of health and environmental innovations. Leveraging its Multilevel Antimicrobial Polymer (MAP-1) technology, APEL has developed specialized application formulas in four key areas: air purification in aircraft, water purification, livestock health, and eco-friendly building materials, all designed to address pressing global challenges. APEL looks forward to working with researchers and industry partners worldwide to drive further health and environmental innovations.For more information about APEL, please visit: https://apesl.com/For media inquiries, please contact:AJA (IR & Communications)Avy YuTel: +852 9500 4443Email: avy.yu@ajacapital.com.hk / info@ajacapital.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.

KEY HIGHLIGHTS- Revenue up by 7.4% to HK$1,576.9 million- Profit from continuing operations rose by 43.1% to HK$300.8 million- Net gearing ratio down to 8.3% from 12.2%- Recommended Final Cash Dividend of HK5.50 Cents Per Share and Special Cash Dividend of HK6.00 Cents Per Share- Continued enrichment of pipeline through R&D and strategic in-licensing- Improved operational efficiency by enhancing capacity and optimizing production leverage efficiencyHONG KONG, Jun 13, 2025 - (ACN Newswire via SeaPRwire.com) - Jacobson Pharma Corporation Limited ("Jacobson Pharma" or the "Company"; Stock Code: 2633), a leading company engaged in the research, development, production, marketing, and sale of essential medicines and specialty drugs, today announced the annual results of the Company and its subsidiaries (collectively the "Group") for the year ended 31 March 2025 ("FY2025" or the "Reporting Period").Building on the growth momentum of previous years, Jacobson Pharma continued to make promising progress, achieving total revenue of approximately HK$1,576.9 million during the Reporting Period, a year-on-year growth of 7.4%. Profit for the year from continuing operations increased by 43.1% to HK$300.8 million, reflecting the Group’s steadfast commitment to strategic execution and operational excellence.The Group’s financial position remains strong, providing a solid foundation for fuelling future development and dividend returns to shareholders. Bolstered by a robust business performance and persistent cost management, the Group achieved an adjusted EBITDA of HK$572.8 million. Net gearing ratio improved to 8.3% from 12.2% at the close of FY2025, and cash reserves held steady at HK$509.0 million.The Board recommends the payment of a final cash dividend of HK5.50 cents per share (FY2024: HK3.00 cents per share) and a special cash dividend of HK6.00 cents per share (FY2024: Nil). Including the interim cash dividend of HK3.50 cents per share already paid, the total cash dividend for FY2025 would be HK15.00 cents per share (FY2024: HK5.50 cents per share), up by 172.7% year-on-year.Robust Portfolio Meets Rising Healthcare DemandThe Group’s sales growth in FY2025 was driven by multiple factors. Hong Kong’s extended flu season, compounded by circulating respiratory pathogens, led to a significant surge in demand for cold and flu treatments. Broader healthcare trends further supported this momentum, including an aging population, high rates of chronic conditions like diabetes and hypertension, and growing mental health needs. Additionally, public health initiatives heightened awareness of preventive care, reinforcing demand for medications and medical consultations. Together, these trends contributed to sustained sales momentum across the Group's businesses throughout the Reporting Period.The Group remains well-positioned to meet Hong Kong’s growing healthcare needs with its broad portfolio of essential medicines and specialty drugs. Backed by an efficient supply chain, it ensures reliable access to cost-effective treatment choices while reinforcing its role as a trusted healthcare service provider.Sustained R&D Momentum and Specialty Portfolio ExpansionMomentum in expanding the Group’s R&D pipeline of the Group was sustained throughout the Reporting Period, advancing its strategy to broaden the product portfolio. As of 31 March 2025, the pipeline comprised 219 products at various development stages.To expand its specialty drugs portfolio, the Group concluded various in-licensing agreements with global manufacturers for 20 high-performing products across key therapeutic areas such as immunology, oncology, cardiology, neurology, and rare diseases. Selected for their strong clinical profiles and market potential, these additions support sustained growth and reflect the Group’s commitment to advancing patient care through innovative therapies.Bringing Innovation to Enhance Patient OutcomesThe Group continues to expand market reach for Arsenic Trioxide Oral Solution, co-developed with The University of Hong Kong to treat acute promyelocytic leukaemia (APL). Clinical trials show a 97% survival rate and 100% molecular remission, earning it the Orphan Drug Designation from both the U.S. FDA and EMA. A global Phase III trial will be launched in 2026 with market approval targeted for 2028.Jacobson Pharma also achieved a significant milestone on 20 February 2025, with the launch of supply chain liaison services for Axicabtagene Ciloleucel (Yikaida) – a CAR-T therapy - in partnership with Shanghai Fosun Pharmaceutical (Group) Co., Ltd. and Fosun Kairos Biotechnology Inc.. Supported by an Advanced Therapeutic Product (ATP) logistics license, this breakthrough therapy for diffuse large B-cell lymphoma marks a major advance in next-generation cancer care.Powering Growth with Smart ProductionIn line with the Groups’ strategic goal of enhancing its manufacturing capabilities, Jean Marie Pharmacal Co Limited, a member of the Group, commenced the development of a new pharmaceutical facility at Tai Po InnoPark in February 2025. Supported by the Hong Kong Government’s New Industrialisation Acceleration Scheme, the facility will house 10 smart production lines for sterile eye drops, solid dosage forms, and oral liquids. Leveraging AI, robotics, and real-time analytics, the advanced facility will boost production efficiency and quality standards. Trial production is slated for late 2026, with a focus on developing specialty products to cater to unmet medical needs. This investment strengthens the Group’s industry leadership and supports Hong Kong’s emergence as a hub for advanced pharmaceutical manufacturing.Mr. Derek Sum, Chairman and Chief Executive Officer of Jacobson Pharma, stated, “FY2025 has been another eventful year for Jacobson Pharma, underscoring the strength of our strategy, the dedication of our team, and the trust of our stakeholders. These foundations continue to position us as a leading force in Hong Kong’s generic pharmaceutical sector.Looking to 2026, we remain optimistic about our prospects and growth. Healthcare policy reforms and rising medication demand from an aging population and chronic conditions will fuel the growth of the generic drugs market. With a strong pipeline, expanding partnerships, and digital innovation, we are well-positioned to seize growth opportunities and create sustainable values for the Group’s businesses”About Jacobson Pharma Corporation Limited (Stock Code: 2633)Jacobson Pharma is a leading pharmaceutical company in Hong Kong vertically integrated and engaged in the research, development, production, sale and distribution of essential medicines and specialty drugs. As a major provider of generic drugs in Hong Kong, the Group has one of the most extensive sales and distribution coverage for both the private and public sectors in Hong Kong, with an expanding reach into strategically selected Asian markets. Carrying a broad product portfolio and taking a pre-eminent market position in a number of therapeutic categories, the Group operates a host of 9 PIC/S GMP licensed production facilities for generic drugs in Hong Kong.The Group is committed to strategically enhancing its portfolios by introducing high-value-added specialty products. With its corporate headquarters based in Hong Kong, the Group has also established its operating subsidiaries in China, Macau, Taiwan and Cambodia, forming a regional commercial platform to tap the market potential in the Asia Pacific and Greater China region. Jacobson Pharma has been a constituent stock of MSCI Hong Kong Micro Cap Index since 1 June 2017. For more details about Jacobson Pharma, please visit the Group's website: http://www.jacobsonpharma.com Copyright 2025 ACN Newswire via SeaPRwire.com.

PIONEERTOWN, CA, June 13, 2025 - (ACN Newswire via SeaPRwire.com) - ESCAPE Records releases two transcendent works from its secretive Mojave Desert hub in Pioneertown CA: the Parallel Universe EP, a genre-defying musical odyssey from touring electronic artists and industry veterans, and Gong Song! (Live from Escape, Pioneertown CA), a 45-minute sound healing masterpiece by Alessandra Montana.Naturally Occurring Emoji - BEEPLEEveryday from BEEPLE. Cover of Parallel Universe EP. Courtesy of Escape Records LLC.Crafted where social media fades to the obscure and creativity thrives, these two new records aim to forge deep audience connections - inspiring a sense of solidarity between the creative and their audience.The Parallel Universe EP blends electronic, Americana, and Latin vibes, born during a songwriting retreat at ESCAPE's legendary studio, some 40 miles from the gates of Coachella in the high desert of California, a mile above sea level under a myriad of stars. Listeners are invited to ponder what their life would be like in a parallel universe; evoking poignant emotions in today's somewhat turbulent world.Tracks are shared by studio founder and producer ROC Gardner, Latin Grammy-nominated Cimafunk (La Vida), Jamie N Commons (Hold Me While You Wait), DJ Tennis (Life and Death), and Grammy-nominated Jan Blomqvist (Remote Control), joined by producers Joseph Ray (Nero), Daniel Cantisani, Nikko Gibler (RicoshÄ“i), and Devlin Thorn alongside artists that include Kim Bullard (Elton John) and Craig McClune (David Gray) who lent their expertise to evolving the tracks.Mixed by Mick Guzauski (Daft Punk, The Weeknd, Michael Jackson) and mastered by Bernie Grundman, tracks include Mezcalita (June 13), Happy Unhappy (June 20), La Sugar (June 27), and Never Know (July 4). BEEPLE's surreal artwork Naturally Occurring Emoji and an AI-driven video by The Dor Brothers amplify the EP's cosmic narrative."The universal sky we spent each night under sparked something raw," says ROC. "It was awesome breaking out of our channels - we got to capture all these ideas, unbound by trends or any other concerns - it was great fun!"Simultaneously, Alessandra Montana's Gong Song! (Live from Escape) captures a live 45-minute sound journey, recorded meticulously with vintage gear and microphones at ESCAPE. Guided by mixing engineer Rob Columbus and mastered by Grundman, Montana's gongs and sacred instruments weave a meditative portal for healing."Escape's magic let me share my practice globally. I can't wait for people to hear this and experience the journey we went on," says Montana.ESCAPE, a 140-acre creative haven hosting Rüfüs Du Sol, Arctic Monkeys, Usher, RAYE - and many others - fosters unfiltered artistry. The studio hopes to deliver magic - and its music - unfettered and unfiltered.Visit www.esca.pe for more.Assets: Press release, artwork, lyrics, .wav files available upon request.Interviews: info@esca.peJan Blomqvist appears courtesy of Armada Music B.V.Tracks:Mezcalita (1st Single): https://audiosalad.ffm.to/commons-roc-mezcalitaParallel Universe EP: https://audiosalad.ffm.to/parallel-universeGong Song! (Live from Escape): https://audiosalad.ffm.to/gong-songContact InformationSteven Bradley9/9 - Digital/Social Mediaescape@9slash9.comEscape RecordsLabel Contactinfo@esca.peSOURCE: Escape Records LLC Copyright 2025 ACN Newswire via SeaPRwire.com.

With the Department of Labour Peninsular Malaysia’s approval, the Ria Payroll Management System, coupled with the Ria Wallet and Prepaid Card Program, in collaboration with Mastercard, aims to promote financial inclusion among unbanked migrant workers throughout Malaysia, offering employers a secure and compliant way to manage their payroll needs.KUALA LUMPUR, June 13, 2025 - (ACN Newswire via SeaPRwire.com) - Ria Money Transfer (“Ria”), a global leader in the cross-border money transfer industry and business segment of Euronet Worldwide, Inc. (NASDAQ: EEFT) has been officially approved by the Department of Labour Peninsular Malaysia (JTKSM) for the disbursement of digital wage payments via the Ria Wallet. By streamlining wage distribution through digital means, the Ria Prepaid Card Program, in collaboration with Mastercard, provides an omni-channel solution to employers who may struggle with conventional banking access for their workforce.The Ria Wallet facilitates various financial activities such as depositing funds, withdrawing cash from ATMs, paying bills, and conducting domestic and international transfers. Customers will also be able to make payments in millions of locations in Malaysia via QR payment linked to DuitNow. In addition, the Ria Wallet streamlines payroll management for Malaysia-based companies throughout industries heavily dependent on migrant workers, including construction, agriculture, and manufacturing.According to the International Organization of Migration (“IOM”), migrants represent an estimated 15.3% of Malaysia’s total workforce, many of whom are unbanked. The Ria Wallet addresses the challenges faced by both workers and employers in the country's cash-centric payment landscape.Ria’s presence in Malaysia since 2001 has positioned Ria as one of the leading players in the money transfer industry. Leveraging its strong physical network of 624,000 locations worldwide and its presence in nearly 200 countries and territories, Ria aims to provide a diverse and seamless service experience to all customers.Espen Kristensen, Ria Money Transfer’s Managing Director Asia Pacific, expressed his excitement for the expansion of Ria's service portfolio in Malaysia. He emphasized, “We understand the challenges employers in Malaysia face when it comes to managing wages for their workers. Through the Ria Wallet, companies will be able to benefit from a digital solution that improves transparency and compliance across their operations”.In collaboration with Mastercard, The Ria Prepaid Card Program underscores the company’s commitment to driving positive social impact through the financial empowerment of different communities worldwide. About Ria Money TransferRia Money Transfer, a business segment of Euronet (NASDAQ: EEFT), delivers innovative financial services including fast, secure, and affordable global money transfers. With the world’s largest cross border real-time money movement network, Ria moves money where it matters. Bridging the gap between digital and physical spaces, Ria’s omnichannel products and services provide unprecedented consumer choice, including real-time payments, mobile wallets, currency exchange, home delivery, and cardless ATM payouts. Ria’s global infrastructure, powered by the Dandelion real-time, cross-border payments network, facilitates financial access to customers, agents and partners alike. By creating new market opportunities and promoting economic growth around the world, Ria opens ways for a better everyday life. Copyright 2025 ACN Newswire via SeaPRwire.com.

SINGAPORE / INDIA, June 13, 2025 - (ACN Newswire via SeaPRwire.com) - Asia Research & Engagement (ARE), a leading sustainability-focused consultancy and capital markets engagement firm, has expanded its India team with two senior appointments: Shishir Soti, Director, Global Operations and Partnerships and Arun Kumar, Strategic Advisor – Power Markets and Technology Innovation.Founded in 2013 and headquartered in Singapore, ARE works across Asia’s key economies – including China, India, and Japan – to drive sustainability outcomes through the alignment of capital markets, corporate strategy, and policy. India’s expanding influence in energy, agriculture, and capital markets makes it not just a domestic focus but a regional anchor for accelerating Asia’s net-zero transition.“India is already making bold strides on its decarbonisation journey,” said Benjamin McCarron, Founder & Managing Director, ARE. “Expanding our footprint here strengthens our ability to connect investor expectations and corporate ambition across the region, from Tokyo to Bangkok to Singapore. India’s scale and innovation are pivotal to designing future-fit systems across all of Asia.”Shishir Soti brings more than 25 years of experience to ARE, having held senior positions in banking and financial services at institutions including Standard Chartered and ICICI Bank, as well as senior roles at environmental groups such as the Shakti Sustainable Energy Foundation and Environmental Defense Fund. At ARE he will help deepen the integration of India into ARE’s regional programmes on financed emissions, sustainable food systems, and transition financing. He will also spearhead stakeholder engagement and fundraising strategy for ARE’s India programmes, advancing efforts to align Indian corporates and banks with net-zero goals.“India’s ambition to reach net-zero by 2070 has implications far beyond its borders,” said Soti. “Its energy and agricultural transitions will shape supply chains, investment flows, and climate ambition throughout Asia. I’m proud to support ARE’s work connecting policy, capital, and corporate action at this critical intersection.”Arun Kumar joins ARE with more than 25 years of experience in power markets, technology, and strategy, having held leadership positions at PTC India, HSBC Securities, KPMG and CRISIL where he was consistently ranked among India’s top energy analysts. He will provide strategic insights into regulatory trends, market innovation, and grid decarbonisation.“ARE’s investor-informed approach has already helped shift conversations in China, Japan, and Southeast Asia,” said Kumar. “India’s power market is on the cusp of transformation, and I look forward to helping shape the trajectory through collaborative engagement and technology foresight.”Soti and Kumar will work closely with Rituj Sahu, Director – Protein Transition (India), who has been leading ARE’s work on food systems, climate finance, and impact stewardship in India since 2022. Their collective expertise positions ARE to deepen its regional impact across three core pillars: Energy transition and financed emissions engagement with corporates and banks; Sustainable food and agriculture systems, with a focus on the protein transition; Capital mobilisation, bridging global finance with local sustainability outcomes.The India expansion complements and strengthens ARE’s ongoing work in Singapore, China, Taiwan, Japan, and Thailand – creating a more connected and coordinated platform for sustainable transformation across Asia.“To solve regional sustainability challenges, we need local intelligence, regional coordination, and global capital alignment,” added McCarron. “India is integral to the systems change ARE is driving across the region.”About Asia Research & Engagement (ARE)Creating change through investor-backed engagement. ARE's pioneering approach fills an engagement gap to bring leading investors into dialogue with Asian-listed companies. ARE currently works with investors representing US$10trillion. ARE covers Asian-listed companies from the financial sector, energy-related industries, and food value chains, seeking to advance a sustainable and compassionate Asia.For media interviews and further enquiries, please contactWani DiwakarAsia Research & Engagement (ARE) wani.diwarkar@asiareengage.com Copyright 2025 ACN Newswire via SeaPRwire.com.