WEGE & DEX Launch Netro: Indonesia’s Groundbreaking Net-Zero Smart Modular Home Concept ACN Newswire

WEGE & DEX Launch Netro: Indonesia’s Groundbreaking Net-Zero Smart Modular Home Concept

JAKARTA, Mar 13, 2025 - (ACN Newswire via SeaPRwire.com) - PT Wijaya Karya Bangunan Gedung Tbk (WEGE) a subsidiary of PT Wijaya Karya (Persero) Tbk (WIKA), in collaboration with PT Dex Solusi Transit (DEX) presents Netro, Indonesia’s first innovative smart modular home with Smart Net-Zero and Growing-modular concept. The Netro launch was part of WIKA’s 65th anniversary ceremony. The launch ceremony was held on the 17th floor of WIKA Tower 2, marked by screening of Netro’s video profile on Tuesday (11/03).Prototypes of Netro version 1.0 model homes are displayed on WIKA Realty’s plot located in Pulo Mas Jaya. The model homes are featured in various floor sizes: the smallest at 33m2, followed by type 49m2, 93m2, and the largest at 129m2. These prototypes demonstrate WEGE and DEX’s commitment to provide a smart, industrial-based green housing model.Netro is designed to meet demand for sustainable housing that operates efficiently, conserves energy, and reduces carbon emissions using its intelligent smart system. It meets the Greenship Net-Zero rating requirements set by the Green Building Council Indonesia (GBCI).Netro is a modular home system that allows systematic expansion, which allows wider market reach and enhances affordability. It also provides homeowners with flexible housing options that align with improvements in living standards, enabling them to expand their living space as needed. With its qualities, Netro raises awareness on the importance of sustainable development by introducing smart modular homes.WIKA’s President Director Agung BW stated during the launch event that “Netro was created based on awareness of climate change and is aligned with WEGE’s commitment to developing modular homes as a building construction method since 2018. In spite of that, DEX introduces a smart “breathing home” concept by maximizing natural air circulation demanded by Net-Zero principles. The smart home also features IoT (Internet of Things) that automates cost-effective data collection for certification processes. This collaboration produces smart homes that are not only sustainable, but also educates their occupants on energy efficiency through integrated technology.”The primary features of Netro include passive cooling, natural ventilation, solar panels, water recycling and energy monitoring systems, thermal comfort, and minimum air quality standards – all of which are integrated in the GBCI Greenship Net-zero app. The system allows occupants and GBCI to digitally monitor energy consumption and renewable energy production, which significantly reduces emissions and meets the requirements for Greenship Net-Zero certification.In line with Agung BW, President Director of WEGE Hadian Pramudita said, “This launch offers a solution in response to demand for housing, not only in urban areas but also in coastal and rural regions. With the support of WEGE and DEX’s construction technology, along with WIKA Realty as the first developer to build Netro in its real estate projects, we are confident that we can meet market needs with the highest quality. This will help promote massive energy efficiency and raise awareness of a sustainable Net-Zero lifestyle.”As a pioneer in sustainable development, WEGE is committed to providing innovative homes that focus on energy efficiency and improve people’s quality of life. Netro serves to meet the needs of society across all segments, including developers and real estate companies (B2B), by providing homes that are quick and easy to build, structurally robust, cost-effective in operational expenses, and in line with sustainable principles.“The fulfilment of Greenship Net-Zero criteria in Netro Products provides a solid and objective basis to meet Green Finance requirements set by banks. We anticipate a major shift in the banking industry towards Green Finance, including KPR Hijau, Green Loan, and similar financial products,” said Iwan Prajitno, President Director of DEX.Products such as Netro are a compelling solution to smart, high-quality, and sustainable homes to help with Indonesia’s housing backlog. We believe that every citizen is entitled to at least one modest, high-quality home.Netro’s Outstanding Features as an Eco-Friendly HomeNetro is an eco-friendly home, equipped with exceptional features designed to reduce energy consumption and achieve Net-Zero. It achieves natural thermal comfort, and its modular system allows faster construction times. The key benefits in favour of Netro House as an ideal choice for future housing are as follows:1. Growth Enable Modular System – Expandable Modular HomesNetro is an industrial-based housing system. This ensures that the product and its components are tried, tested, and meets all required standards. As most of the production processes are done in factories, procurement and construction on-site is significantly faster than conventional construction methods. Netro’s on-site installation process is quick and generates minimum waste, significantly reducing its environmental footprint. Netro is designed to enable expansion without major interruption to its occupants’ daily activities – thanks to systematic design and clear identification of additional required components.2. High Albedo Roof – Reflective Roofing for Thermal ComfortNetro’s high albedo roof reflects sunlight and minimises heat absorption. This helps maintain a cooler home temperature without excessive reliance on air conditioning.3. Louvre Window & Operable Window – Maximising Air CirculationNetro incorporates louvre windows and operable windows, designed to optimise natural airflow inside the house. These features enable cross-ventilation, creating a naturally cooler indoor environment, which minimizes the need for air conditioning and improves indoor air quality.4. Inner Court – A Green Oasis Within the HomeThe inner court is a multifunctional green area that provides a natural living experience indoors. More than just an aesthetic feature, this space serves as a central airflow hub, allowing fresh air to circulate throughout the house, creating a cooler and more refreshing environment, and providing comfort for its occupants.5. Permeable Wall – Better Air CirculationPermeable wall is incorporated to allow free airflow, enabling smoother air ventilation and helping to remove heat from inside the house.6. Drywall with Insulation – Fast and Efficient ConstructionWalls are sandwiched with thermal insulators to enable faster construction time. In addition, drywall helps to reduce heat absorption from sunlight and maintain stable indoor temperature.7. Photovoltaic (PV) – Self-Sufficient Energy and Net-Zero EmissionsNetro can be equipped with a photovoltaic (PV) cell so the house can generate its own electricity. Using this technology, houses achieve net-zero energy, reduce its dependence on conventional electricity, and contribute to environmental sustainability.8. Smart Wall – Smart Energy MonitoringNetro features the Smart Wall, a central control system showing real-time data on household electricity consumption, energy generated from solar PV, and indoor air quality. With this feature, occupants can control their energy consumption effectively. Additionally, the post-occupancy evaluation and Net-Zero certification process can be conducted online automatically.With a combination of innovative technology and sustainable design, Netro provides an energy-efficient, cosy, and environmentally friendly home, an ideal solution for those seeking modern living that fulfils their goals of improved well-being and minimal environmental effect.PT Wijaya Karya Bangunan Gedung Tbk [IDX: WEGE]Contact:Purba Yudha TamaCorporate SecretaryPT Wijaya Karya Bangunan Gedung Tbk.Hp. 081317925577Tel: +6221 8 85908862 / 85909003Fax: +6221 86904146Email: corsec@wikagedung.co.id Copyright 2025 ACN Newswire via SeaPRwire.com.
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MarketingPulse and eTailingPulse return on 19 March ACN Newswire

MarketingPulse and eTailingPulse return on 19 March

- This year’s MarketingPulse and eTailingPulse conferences will be held on 19 March under the theme Inspiring Possibilities, bringing together global marketing and e-commerce experts to share forward-looking insights and practical experiences and offer inspiration and actionable strategies to attendees- The conferences will explore cutting-edge trends and innovative strategies in marketing, including the application of data and AI, the integration of art, music and culture in marketing strategies, and the rising importance of inclusive marketing with a focus on neurodiversity- Another highlight will be an in-depth discussion on the development potential of the ASEAN and halal markets, and the untapped potential of pet KOLs in shaping effective branding and merchandising and creating strong emotional connections with audiences- An impressive roster of cross-disciplinary marketing leaders and industry pioneers will share their expertise at the conferences, including: - Nikkia Reveillac, Director (Global), Consumer Insights at Netflix (2021-2024) - Prof Darren Thayre, Head of Innovation, Global Strategic Initiatives at Google - Prof Dr Thomas Girst, Global Head of Cultural Engagement, BMW Group - Fabien Vallérian, International Director of Arts & Culture at LVMH’s Maison Ruinart - Tony Chen, Director of Public Affairs at Taobao & Tmall Group - Tina Zhao, Marketing Director, Global Business Solutions, Xiaohongshu - Edward Bell, General Manager, Brand, Insights and Marketing Communications, Cathay Pacific Airways - Yi-Fang Chen, Head of Leisure and Beauty Business Department, Meituan - Jordan Cheung, Chief Marketing Officer, Hang Seng Bank - Matthew Li, Head of Brand and Marketing at Decathlon Hong KongHONG KONG, Mar 12, 2025 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) will host the 2025 MarketingPulse and eTailingPulse conferences at the Hong Kong Convention and Exhibition Centre (HKCEC) on 19 March. A premier event on the Asia-Pacific marketing and e-commerce landscape for many years, this year’s conferences are bringing together close to 80 global elites from diverse industry sectors, including influential marketing experts, economists, retail giants, brand strategists, advertising and PR professionals and e-commerce leaders. Attendees will have the opportunity to explore forward-thinking market dynamics, emerging trends, innovative marketing strategies and compelling success stories.Themed Inspiring Possibilities, the conferences aim to turn visionary ideas into actionable strategies and spark cross-disciplinary collaboration. This year’s event will cover a variety of marketing hot topics including leveraging data and artificial intelligence (AI) to drive innovative marketing strategies; integrating art, music and culture into brand marketing to explore new frontiers; embracing neurodiversity to foster more inclusive marketing perspectives; capturing opportunities in the ASEAN and halal markets; empowering the “she economy” in Mainland China; and using innovative AI solutions to enhance competitiveness in this new market segment.Experts explore data-driven innovation in marketingThe conferences will feature heavyweight speaker Nikkia Reveillac, Director (Global) of Consumer Insights at Netflix (2021-2024), in a session titled "From Insights to Breakthroughs: Unleashing Innovation through Customer Insights". Ms Reveillac will draw on her experience at Netflix, Twitter and Colgate-Palmolive to share how data-driven insights can ignite innovation.Analysing e-commerce opportunities in the ASEAN marketAs one of the world's fastest-growing regions, ASEAN offers huge economic potential. The diverse economic landscape is leading to the rapid mainstream adoption of e-commerce across the region. Galvin Chia, HKTDC Principal Economist (Asian and Emerging Markets), will present key insights from a research report that explores consumer behavior and market trends across ASEAN countries, including Singapore, Thailand, Malaysia, Vietnam, the Philippines and Indonesia. This session will also provide participants with valuable insights into ASEAN consumers' perceptions of Hong Kong brands, as well as practical strategies to successfully navigate this dynamic market and harness the opportunities of its thriving e-commerce sector. Representatives from local consumer brands, leading e-commerce platforms and cross-border e-commerce payment services – all of which have already achieved notable success in the ASEAN market – will share their experiences and proven strategies for businesses looking to expand into ASEAN and capitalise on the region’s growing opportunities.AI-driven digital transformation and boosting the "she economy"As AI technology continues to advance, its applications in marketing and brand promotion are driving significant innovation and breakthroughs. Prof Darren Thayre, Head of Innovation and Global Strategic Initiatives at Google, will join Brian Hui, Managing Director and Head of Customer Propositions and Marketing for Wealth and Personal Banking (WPB) at HSBC Hong Kong, to present a session titled "Journey to the AI Era: Unleashing Digital Transformation Potentials". The speakers will provide a strategic overview of the current state of AI, offering insights into its impact on brand and marketing strategies and exploring how to leverage AI to drive transformation, address challenges, create innovative strategies and reshape industry standards.In addition, Tony Chen, Director of Public Affairs at Taobao & Tmall Group, will share insights into the "she economy" – the increasingly powerful impact of female shoppers and women entrepreneurs, and illustrate how AI technology is helping to offer personalised shopping experiences and elevating customer service standards in his session "Empowering the She Economy: Leveraging AI Innovations for Enhanced E-commerce Marketing on Taobao & Tmall".Integrating art, culture and music into brand promotionThe intersection of art, culture, music and business is unlocking new opportunities for brand marketing. Prof Dr Thomas Girst, Global Head of Cultural Engagement at the BMW Group, has led the company’s cultural initiatives since 2003, including BMW's collaborations with various artists to create multiple BMW Art Cars, while UOB Hong Kong has run the annual UOB Art in Ink Awards since 2017 to discover local artistic talents, encourage artistic innovations and rejuvenate time-honoured Chinese artistic traditions. In a session titled "Art & Culture for Global Brand Marketing: Forget the Cliché Gallery Sponsorship", Prof Dr Girst and Marietta Li, Head of Strategic Communications, Brand and Customer Insights, Hong Kong and Taiwan, UOB and Director of the UOB Art Academy, will join marketing and branding experts from renowned international brands Maison Ruinart and Ovolo Hotels to explore innovative ways to redefine the role of art and culture in global brand marketing, challenge traditional marketing paradigms, and share effective strategies for communicating brand values and stories through artistic development and cultural engagement.In a session titled “The Soundtrack of Success: Decoding the ROI of ‘Music Economy for Harnessing Brand Power’”, ChillGOOD TV founder Leo Ku will join forces with Jordan Cheung, Chief Marketing Officer at Hang Seng Bank, and Kenny Sham, General Manager (Hong Kong & Macau) at Klook, to share insights on music marketing, examine the evolvement and commercialisation of Ku’s music platform, and explore how brands can leverage on music to engage with customers and optimise their marketing return on investment.How neurodiversity marketing sparks emotional resonanceIn today’s evolving marketing landscape, Joseph Chen, Director of Culture at Eaton HK, is committed to advancing social inclusion and fostering diverse development. Mr Chen will be joined by Jake Posner, Founder and Creative Director of the fashion brand No One True Anything – widely recognised for turning dyslexia into a source of creative strength – and Kevin Chesters, a neurodiversity advocate and marketing practitioner, for a discussion titled "Brains in Bloom – Cultivating Neurodiverse Marketing Landscapes. They will explore how brands can craft their narratives through innovative marketing strategies that embrace a neurodiversity perspective. Participants will discover how different approaches can foster deep emotional connections with neurodiverse audiences while championing the value of diversity in society.Connecting with Gen Z consumersJoin representatives from Beijing Tong Ren Tang, POIZON, Taobao Papahome and Meituan to discover how traditional brands can revitalise their image through innovative concepts and appealing to youthful trendsetters in Mainland China.Supporting start-ups and fostering a new generation of entrepreneurs is a key priority for the HKTDC. In the “Meet the Leaders’ Dialogue Series”, Matthew Li, Head of Brand and Marketing at Decathlon Hong Kong, will share valuable insights into how the brand has been successful in earning the loyalty of Hong Kong consumers. Joining him, Frankie Chow, Founder of CLS Holiday, will discuss the creation and commercial success of Asia's first "mystery box travel tour", while Jacopo Contiero, Founder of Jacomax & Jacopo Only Friends, will showcase his innovative cross-industry promotional strategies. This session will provide the audience with fresh perspectives on incorporating surprise and creativity into branding, offering practical inspiration for businesses aiming to stand out in a competitive market.In addition, local celebrity Natalie Tong will share her experience as she transitions from television actress to successful entrepreneur and her journey in personal brand building, while Grace Chan will share on her journey from being a successful actress to becoming a prominent KOL.The conferences will feature an exhibition area showcasing more than 40 exhibitors from Hong Kong and across the Asia-Pacific region, including Datawords Hong Kong and Kantar Hong Kong, offering the latest market intelligence, marketing and e-tailing solutions. Practical workshops on digital strategies will feature industry experts sharing actionable skills and insights that can help to boost market competitiveness. Participants can also engage in networking sessions and the one-to-one business matching service offered by the HKTDC. This unique service is designed to create new collaborations and unlock untapped opportunities tailored for attendees’ growth and success.For more details, including the latest programme and speaker list, please visit:https://marketingpulse.hktdc.com/conference/mp/en.For interviews with speakers, please email katy.ky.wong@hktdc.org and jane.mh.cheung@hktdc.org who will be in touch to follow up.Photo download: https://bit.ly/4ifzP3SNikkia Reveillac, Director (Global), Consumer Insights at Netflix (2021-2024)Prof Dr Thomas Girst, Global Head of Cultural Engagement at the BMW GroupJoseph Chen, Director of Culture at Eaton HKMarketingPulse and eTailingPulse return on 19 March at the Hong Kong Convention and Exhibition Centre. The image is taken from last year’s event.WebsitesMarketingPulseConference website: https://marketingpulse.hktdc.com/conference/mp/enConference programme: https://marketingpulse.hktdc.com/conference/mp/en/programmeSpeaker list: https://marketingpulse.hktdc.com/conference/mp/en/speakereTailingPulse: https://etailingpulse.hktdc.com/conference/etp/enEntertainmentPulse: https://hkfilmart.hktdc.com/conference/hkfilmart/enMedia enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Katy WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgJane CheungTel: (852) 2584 4395Email: jane.mh.cheung@hktdc.orgHKTDC Media 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.
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Energy Savings Projects with Singapore Bank to Scale ACN Newswire

Energy Savings Projects with Singapore Bank to Scale

Brisbane, Queensland, Australia--(ACN Newswire via SeaPRwire.com - March 12, 2025) - Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to announce that GMG, C&W Services Singapore and ACMES, GMG's Singapore Thermal-XR distributor, have successfully completed energy savings case studies with a Singapore bank. The energy savings was seen on average between 10% to 20%. Following the successful case study, the bank is now exploring the potential to scale the application of Thermal-XR Enhance across more branches.Figure 1 shows ~33% energy saving by comparing post coating average daily energy consumption to before washing.Figure 1: Daily Energy Consumption Reduction due to Thermal XR Coating (after washing) on Bank Air ConditionerTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/244317_0264293a642e5ab7_002full.jpgGMG's Managing Director and CEO, Craig Nicol, commented: "Our partnership with C&W Services and ACMES has been very successful thus far and we look forward to implementing more energy savings projects with THERMAL-XR® Powered by GMG Graphene with various other companies in Singapore and around the world."About GMG:GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking Statements This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the bank chain applying Thermal-XR Enhance to all of its remaining branches, GMG's continued partnership with C&W and the potential application of Thermal-XR Enhance to other companies around the world.Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that the bank chain will apply Thermal-XR Enhance to all of its remaining branches and that GMG and C&W will implement energy savings case studies with other companies in Singapore and worldwide. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation, that the bank chain will not apply Thermal-XR Enhance to all of its remaining branches and that GMG and C&W will not be able to implement energy savings case studies with other companies in Singapore and worldwide.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244317 Copyright 2025 ACN Newswire via SeaPRwire.com.
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Formerra Introduces Formerra+ Upgraded Ecommerce Site to Optimize Customer Experience ACN Newswire

Formerra Introduces Formerra+ Upgraded Ecommerce Site to Optimize Customer Experience

ROMEOVILLE, IL, Mar 11, 2025 - (ACN Newswire via SeaPRwire.com) - Formerra, a leader in performance materials distribution, today launched the Formerra+ ecommerce website, now upgraded to deliver a faster, more intuitive, and personalized experience for customers across multiple industries. The enhanced site provides purchasing, engineering, and quality control customers with easy access to ordering and technical information so that they can get the materials they need faster."Our customers are looking for efficiency, accuracy, and convenience when managing orders and purchasing materials," said Cathy Dodd, Chief Executive Officer at Formerra. "The upgraded Formerra+ online and mobile experience reflects our commitment to delivering the best digital tools and 24/7 ordering experience to customers worldwide."Formerra+ offers simplified navigation and a modern user interface along with improved search and filtering capabilities, new payment options, and a streamlined checkout process. Together, these improvements make ordering, reordering, documentation downloads, and answers to material availability and pricing quicker and easier. In addition, the site will be rolling out additional features aimed at personalizing individual customer experiences."We continue to advance our digital capabilities to simplify our customers' access and material selection process," Dodd added. "Our goal is to create an online experience that not only meets industry standards but sets a new benchmark for convenience and accessibility. This development also supports our supplier partners by providing more visibility into material demand, helping to streamline planning and collaboration."Formerra+ reflects the company's ongoing investment in digital innovation to support customers with dependable supply chain solutions, collaborative technical guidance, and proactive sustainability strategies.To access the enhanced site, customers can visit formerra.com and click on Formerra+ in the top menu.About FormerraFormerra is a preeminent distributor of engineered materials, connecting the world's leading polymer producers with thousands of OEMs and brand owners across healthcare, consumer, industrial, and mobility markets. Powered by technical and commercial expertise, it brings a distinctive combination of portfolio depth, supply chain strength, industry knowledge, service, leading e-commerce capabilities, and ingenuity. The experienced Formerra team helps customers across multiple industries to design, select, process, and develop products in new and better ways - driving improved performance, productivity, reliability, and sustainability. To learn more, visit www.formerra.com.Media ContactJuan GuerreroMarketing Communications, Formerrajuan.guerrero@formerra.com+1 630-972-3145SOURCE: Formerra Copyright 2025 ACN Newswire via SeaPRwire.com.
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135 Years of Sport Inspiration: U.S. Polo Assn. Hosts Celebration Cup Exhibition and Spring-Summer 2025 Fashion Showcase in Delhi ACN Newswire

135 Years of Sport Inspiration: U.S. Polo Assn. Hosts Celebration Cup Exhibition and Spring-Summer 2025 Fashion Showcase in Delhi

WEST PALM BEACH, FL AND NEW DELHI, INDIA, Mar 11, 2025 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn. celebrates 135 years of sport inspiration as the official brand of the United States Polo Association (USPA) with a spectacular exhibition game and fashion show in the heart of India's polo capital, Delhi. More than 300 VIP guests attended this milestone event honoring the sport's enduring legacy with a thrilling exhibition match at the iconic Jaipur Polo Grounds, followed by an exclusive U.S. Polo Assn. Spring-Summer 2025 fashion showcase at the luxurious D'Monde Members Club.U.S. Polo Assn.As part of U.S. Polo Assn.'s global moment, this grand event united polo enthusiasts, fashion aficionados, and cultural tastemakers in an event that paid tribute to the sport's rich heritage and longstanding influence. The highlight of the evening was an intense and action-packed exhibition match, where the USPA India Team, led by HH Maharaja Sawai Padmanabh Singh of Jaipur, took on the USPA Global Team with players from around the world in a gripping championship. The final period saw fierce competition, with both teams battling goal for goal, but USPA India ultimately secured victory with a final score of 8-7, edging ahead by one goal.The Most Valuable Player of the match was HH Maharaja Sawai Padmanabh Singh of Jaipur, whose exceptional performance on USPA India Team captivated the audience, while the Best Playing Pony title was awarded to a horse proudly owned by Bk. Jaisal Singh, who played for the USPA Global Team.Kulin Lalbhai, Vice Chairman, Executive Director of Arvind Fashions Ltd., graced the occasion and threw the opening game ball at the beginning of the first period. Adding to the authenticity of the experience, renowned U.K.-based polo commentator Karl Ude-Martinez brought the match to life with his expert insights and dynamic storytelling, making it an unforgettable experience for attendees.Following the high-octane game, guests were invited to an exclusive fashion showcase at D'Monde Members Club, where U.S. Polo Assn. unveiled its much-anticipated Spring-Summer 2025 Collection. Staying true to the brand's sport-inspired heritage, the Collection masterfully combined classic polo-inspired silhouettes with contemporary styling, embodying the spirit of both effortless elegance and timeless fashion. From signature polo shirts and tailored separates to breathable linens and elevated casuals, the Collection captured the essence of the sport of polo while catering to the evolving preferences of modern consumers.The event witnessed an eclectic mix of sports personalities, fashion insiders, and cultural tastemakers, like Maharaja Narendra Singh of Jaipur and cricketer Nitish Rana, Bollywood glitterati Harshvardhan Kapoor, U.S. Polo Assn. Global Brand Ambassador Palak Tiwari, Rannvijay Singh, Varun Sood, Lakshya, and Babil Khan. Adding to the glamour were Kalyani Chawla, luxury entrepreneur & tastemaker; Samarth & Sameer Kasliwal of the Gem Palace; and Priya Paul & Sethu Vaidyanathan of The Park Hotels."This 135th Anniversary celebration is a testament to the USPA's legacy in fostering the sport of polo while embracing the future," said J. Michael Prince, President and CEO of USPA Global, the company that manages and oversees the multi-billion-dollar U.S. Polo Assn. brand across 190 countries. "Bringing together the thrill of the game with a U.S. Polo Assn. global fashion show in a city as vibrant as Delhi underscores our mission to celebrate the authenticity of our global sports brand and the accessibility of the sport of polo as well as the brand, both on and off field."Today, India is the fastest-growing market for U.S. Polo Assn. globally, and the brand continues to see very strong momentum. These very special events reflect our ongoing commitment to further building our strong presence here," Prince added.Speaking on the significance of the event, Shailesh Chaturvedi, Managing Director and CEO of Arvind Fashions Ltd., said, "The sport of polo is deeply rooted in India's history, and continues to inspire our consumers. The U.S. Polo Assn. brand seamlessly blends tradition with modern style, and the launch of the Spring-Summer 2025 Collection in this historic setting is a tribute to the sport's timeless appeal. We are thrilled to be part of this grand global anniversary celebration.""Celebrating 135 years of sports inspiration is not just about marking a milestone - it's about honoring a legacy that blends the heritage of the sport of polo with a contemporary fashion sensibility," said Amitabh Suri, CEO, U.S. Polo Assn. India. "With this celebration, we are inviting consumers and sports fans across India to become a part of this rich legacy of the sport of polo and celebrate the greatest story of sport and fashion."With Delhi as a key market, this event is a pivotal moment in U.S. Polo Assn.'s year-long global celebrations, which include activations across North America, Europe, the Middle East, Latin America, and Asia. Fans of the sport and brand enthusiasts will continue to be engaged with the 135th Anniversary Limited Edition Collection through in-store experiences and digital activations.Stay connected and follow the journey at uspoloassn.in and on social media @USPoloAssnIndia for more updates on the 135th Anniversary celebrations.About U.S. Polo Assn.U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in North America, founded in 1890. 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.Visit uspoloassn.in or uspoloassnglobal.com and follow @uspoloassn and @uspoloassnindia.About Arvind Fashions LimitedArvind Fashions Ltd. is India's number one casual and denim retailer, a lifestyle powerhouse with a strong portfolio of fashion brands catering to consumers across sub-categories and price points. Arvind Fashions houses a number of renowned brands, both international and indigenous, like U.S. Polo Assn., Arrow, Tommy Hilfiger, Calvin Klein, and Flying Machine.Additional images available upon request.Contact InformationStacey KovalskyVP, Global PR and Communications, USPA Global HQskovalsky@uspagl.com+001.561.790.8036Sneha MahantHead-Marketing, U.S. Polo Assn. Indiasneha.mahant@arvindfashions.comMouneeta DewanPR Punditmouneeta.dewan@prpundithavasred.comSOURCE: U.S. Polo Assn. Copyright 2025 ACN Newswire via SeaPRwire.com.
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2024 Results of Qunabox Group Released: Leading AI Interactive Marketing with Strong Revenue and Profit Growth

HONG KONG, Mar 11, 2025 - (ACN Newswire via SeaPRwire.com) - Since the beginning of the year, driven by the explosive popularity of the domestic large model, DeepSeek, Hong Kong technology stocks have continued to strengthen, making AI-related concept stocks a focal point for investors. Among them, Qunabox Group (00917.HK), China’s leading AI interactive marketing service provider, has seen its stock price repeatedly hit new highs. As of the close on March 10, its stock price was reported at HK$ 84.5, with a cumulative increase of 28.0%. In fact, since its listing at the end of May last year, Qunabox Group’s stock price has continued to rise, nearly 2.4 times in just over nine months. It has been selected as a constituent of the Hang Seng Composite Index, entered the Hong Kong Stock Connect, and has become one of the star stocks in the Hong Kong stock AI industry chain.The strong stock performance is inseparable from Qunabox Group’s robust fundamentals. On March 10, 2025, Qunabox Group released its 2024 annual report. Over the past year, the Company has continued to achieve rapid growth by diversifying its service industry, increasing the development and conversion of high-margin products such as AI interactive marketing, expanding cooperation with brand customers, and refining its operations. The Group recorded revenue of RMB1,339.5 million during the Reporting Period, representing a year-on-year increase of 33.1%; the gross profit increased to RMB749.8 million, representing a year-on-year growth of 40.1%.Leveraging AI to Drive New-Quality Productive Forces in Marketing, Boosting Strong Profitability Through Innovative ProductsWith the rapid development and widespread adoption of domestic AI large models, represented by DeepSeek, AI’s empowerment of the marketing industry has evolved from marketing content creation and efficiency enhancement of placement and operations to revolutionizing marketing interaction modes and advancing the intelligence of offline marketing carrier. AI technology has become a crucial engine driving the development of new-quality productive forces in the marketing sector. On the demand side, brand owners are demonstrating a growing acceptance and recognition of AI + marketing, the application scenarios are increasingly expanding, and the market demand is currently showing a trend of rapid growth.In 2024, Qunabox Group, as China’s leader in AI interactive marketing services, continued to heavily invest in the field of AI interaction. The Company launched several innovative AI interactive marketing products, including digital human shopping guide based on AI large language models, AI tactile interaction, and AI emotion recognition. These products have successfully achieved commercial implementation. Meanwhile, it expands the application scenarios and range of multi-sensory AI interactions, such as olfactory interaction, scent diffusion, movement recognition, and voice interaction, effectively driving innovation in the marketing industry. For example, digital human shopping guide based on AI large language models can deliver highly personalized product recommendations tailored to specific scenarios, user needs, and profiles. This not only further enriches marketing models and enhances conversion efficiency but also provides users with a more novel and personalized marketing experience. Without a doubt, Qunabox Group’s AI interactive marketing terminals have become a successful model for the implementation of AI hardware in the marketing industry.Thanks to these initiatives, revenue from Qunabox Group’s value-added marketing services represented a year-on-year increase of 53.5% in 2024, with a gross profit margin of 90.1%, significantly strengthening the Company’s profitability. Meanwhile, Qunabox Group deepened its cooperation with key clients, with the average revenue per major customer rising to RMB18.0 million, representing a year-on-year increase of 30.1%.Supporting the “Debut Economy” Initiative and Providing Comprehensive Solutions for New Product IncubationIn recent years, the government has introduced a series of policies to encourage the development of the “Debut Economy”. In June 2024, the National Development and Reform Commission issued the Notice on Measures to Create New Consumption Scenarios and Foster New Consumption Growth Drivers, explicitly stating the need to cultivate new shopping consumption scenarios and leverage new technologies to enhance the shopping experience. In December 2024, the Central Economic Work Conference emphasized the importance of actively promoting the Debut Economy in 2025. The deep integration of the Debut Economy with cutting-edge technologies is injecting new vitality into the consumer market.Qunabox Group actively responds to the national call for developing the Debut Economy by leveraging its technological and service advantages in AI marketing. It provides brand clients with comprehensive new product incubation solutions that cover all stages from product development, marketing, to sales and user feedback collection, driving holistic growth for new products through AI and big data technologies. In 2024, through the integration and analysis of user feedback and sales data accumulated on the platform over the years, the Group has further enriched the industry database and launched a new flavor database and pre-scoring service of new products for beverages and snack food, aiming to help beverage and snack food brands quickly screen new flavors during their development phase, accelerate their R&D process, and increase the success rate.During the marketing and promotion phase, Qunabox Group utilizes AI interactive marketing terminals and online platforms to create unique marketing and sales experiences for new products, capturing consumer attention and engagement while accelerating sales conversion. In 2024, based on the original visual, auditory, olfactory and motor capabilities, the Group further expanded the multi-sensory interaction capabilities of the AI interactive marketing terminals to the sense of touch, driving their evolution towards full-sensory interaction. This evolution delivers more immersive and comprehensive marketing experiences to users, while offering brands a broader range of innovative marketing options to expedite market entry and enhance brand elevation.Advancing globalization and diversification strategies to expand new avenues for growthWhile maintaining its leadership in the domestic market, Qunabox Group is actively driving forward with international expansion and diversification strategies, creating new opportunities for promoting the expansion of its business scale.Qunabox Group plans to expand beyond its presence in the Middle East market by entering the Singapore market. Additionally, the Company will initiate strategic business acquisitions based on its ecosystem to further integrate resources and enhance synergies across business sectors. This approach aims to achieve high-quality diversified development and build a comprehensive brand service ecosystem. These efforts will further strengthen its overall competitiveness and provide sustained momentum for performance growth.Conclusion:As China’s leading AI interactive marketing service provider, Qunabox Group is pioneering the integration of cutting-edge AI technology into the marketing industry, aligning with the national Debut Economy initiative. It has successfully commercialized AI+ marketing solutions, significantly enhancing advertising effectiveness and consumer engagement, driving robust business growth.Building on its proven domestic success, Qunabox Group is accelerating strategic international expansion, leveraging its AI+ marketing ecosystem to capture new growth opportunities in global markets. Qunabox Group is well-positioned to sustain its rapid growth momentum. Looking ahead, Qunabox Group is poised to solidify its leadership, drive long-term value creation, and redefine the future of AI+ marketing.” Copyright 2025 ACN Newswire via SeaPRwire.com.
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Bear Robotics’ Carti 100 Wins iF DESIGN AWARD 2025, Setting New Standards in Logistics Automation ACN Newswire

Bear Robotics’ Carti 100 Wins iF DESIGN AWARD 2025, Setting New Standards in Logistics Automation

REDWOOD CITY, CA, Mar 11, 2025 - (ACN Newswire via SeaPRwire.com) - Bear Robotics is thrilled to announce that its Carti 100 autonomous mobile robot has been awarded the prestigious iF DESIGN AWARD 2025 in the Product category, Robotics discipline. This achievement reinforces Bear Robotics' position as a leader in innovative robotic design for logistics, building upon the success of the Servi Plus award earlier last year.Carti 100 stood out among nearly 11,000 entries from 66 countries, impressing a panel of 131 international design experts. The iF DESIGN AWARD, recognized globally as a symbol of design excellence, underscores Bear Robotics' commitment to merging cutting-edge technology with user-centric design.Designed by Bear Robotics' in-house design and engineering teams in Silicon Valley, Carti 100 is engineered to revolutionize indoor logistics. Capable of carrying loads up to 220 lbs, and offering extensive customization options, Carti 100 integrates seamlessly into diverse operational environments. This award highlights its innovative design and advanced operational capabilities."Building on the recognition of Servi Plus, the Carti 100 further demonstrates our dedication to creating robots that are both technologically advanced and intuitively designed for real-world applications," said John Ha, CEO of Bear Robotics. "Carti 100 is designed to increase efficiency in warehouse and factory settings, and we are very proud of this award."Carti 100's compact design allows for agile navigation in confined spaces, making it ideal for various indoor settings. Its multi-robot synchronization capabilities enable efficient, coordinated workflows. For example, in warehouse trials, synchronized Carti 100 units have reduced inventory transfer times by an average of 25%. Equipped with advanced navigation and automated charging, Carti 100 ensures continuous operation, with up to 10 hours of runtime on a single charge, maximizing cost-effectiveness and transforming material handling processes."We have seen that in testing, the Carti 100 has been able to dramatically increase the throughput of goods moved in warehouse settings. The ability for the robots to work together has been a game changer," said a warehouse test participant.About Bear RoboticsFounded in 2017, Bear Robotics develops AI-powered autonomous robots designed to improve daily tasks. Our flagship Servi robots are deployed in hospitality, healthcare, and retail sectors across North America, Europe, and Asia. For more information, please visit www.bearrobotics.ai.About the iF DESIGN AWARDSince 1954, the iF DESIGN AWARD has been recognized as a globally prestigious symbol of design excellence. Award-winning entries are showcased on ifdesign.com.Media ContactGennaro GalloHead of Marketinggennaro@bearrobotics.aiSOURCE: Bear Robotics, Inc Copyright 2025 ACN Newswire via SeaPRwire.com.
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Salary Reality Gap: 52% of Malaysian Employees See Scope for Salary Growth, foundit Survey Reveals ACN Newswire

Salary Reality Gap: 52% of Malaysian Employees See Scope for Salary Growth, foundit Survey Reveals

Key findings from the survey: A majority of professionals (45%) expect a 0-10% growth in their next appraisal 52% of respondents believe their salary is below average compared to industry peers Only 32% of respondents are satisfied with their salary growth opportunities 36% of employees reported no major change in their salary over the past three years Skills in demand (31%) and economic trends (30%) are the primary drivers of current salary trends KUALA LUMPUR, Mar 11, 2025 - (ACN Newswire via SeaPRwire.com) - Malaysian employees and employers appear to be on different pages when it comes to compensation, according to new research. A comprehensive salary survey by foundit, a leading jobs platform, reveals that while many professionals see room for salary growth, organisations are focusing on strategic compensation planning to retain talent in a competitive job market. The research highlights evolving compensation trends in Malaysia, with a growing awareness among professionals about market benchmarks. More than half of the surveyed employees recognise the need for salary adjustments to align with industry standards, while nearly half anticipate modest single-digit salary growth in their upcoming reviews. These insights present valuable opportunities for organisations to enhance their talent strategies, ensuring competitive compensation structures that attract and retain top talent. With compensation playing a central role in both recruitment success and employee loyalty, these insights into workforce sentiment provide valuable intelligence for business planning. V Suresh, CEO of foundit, commented on the findings: "This research offers fascinating insights into Malaysia's compensation landscape, revealing both challenges and opportunities. The perception gap we've identified – where many employees believe their pay falls below industry standards – represents a critical area for employers to address. Malaysian businesses have a compelling opportunity to strengthen their position in the talent market through enhanced salary transparency and more effective communication about compensation. By helping professionals understand how their pay compares to true market rates and developing transparent frameworks for advancement, organisations can better align expectations with reality. This strategic approach benefits not just individual employees but strengthens organisational resilience and competitiveness. For Malaysia to continue its trajectory as a business hub in Southeast Asia, addressing these compensation perception gaps will be instrumental in attracting and retaining the best talent." Key findings from the survey include: Salary Perception Across Experience Levels More than half (52%) of employees believe they are underpaid compared to industry peers. 38% feel their salary is above average, while 10% are unsure how their pay compares to market rates. Executive-level professionals (15+ years of experience) have the highest salary awareness, with only 4.48% unaware of market benchmarks, compared to mid-career professionals who display greater uncertainty. Satisfaction with Salary Growth 30% of respondents are dissatisfied with their salary growth opportunities with majority in Engineering and Logistics sector. 38% remain neutral, indicating mixed perceptions about compensation structures. 32% express satisfaction, but satisfaction levels decline as professionals advance in their careers. IT (35.38%) leads in salary growth satisfaction. Expected Salary Growth from Appraisal 45% of professionals expect only a 0-10% salary hike in their next review. 28.7% anticipate a 6-10% increment, while 16.7% foresee just 0-5% growth. 19.5% of professionals aim for substantial increases exceeding 30%. Professionals with 4-6 years of experience are the most optimistic, with nearly 39% expecting 6-10% raises, while senior executives anticipate more conservative increases (0-5%). Salary Changes Over the Past Three Years 36% of professionals saw no salary growth, indicating wage stagnation. 30% experienced salary reductions (19% minor, 11% significant). 34% received salary hikes (18% modest, 16% substantial), highlighting industry-specific trends. Future Salary Expectations: Industry Outlook Employees in the Engineering & Construction sector expect predictable salary growth (36.36% anticipate 6-10% raises). BFSI professionals have the highest expectations, with more than 50% anticipating 30% above increments. Entry-level professionals remain the most optimistic, with 79% expecting salary growth, while expectations decline at senior levels (67% among executives). Key Drivers of Salary Trends Skills in Demand: 31.2% of professionals believe in-demand skills significantly impact salaries. Economic Trends: 30.5% see macroeconomic factors shaping pay scales. Sector-Specific Challenges: 18% cite industry constraints as key influencers. Technological Advancements: 12% recognise tech-driven disruptions affecting wages. For organisations navigating the complexities of talent acquisition and retention in today's competitive landscape, this research provides a valuable measuring stick for assessing current approaches and identifying areas for strategic improvement. By leveraging these insights to enhance both compensation structures and communication around pay, companies can create more appealing work environments that attract and retain top talent. About foundit - APAC & Middle East foundit, formerly Monster (APAC & ME), is Asia’s leading jobs and talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. In addition to its innovative AI-powered job search, foundit offers e-learning, assessments, and services related to resume creation and interview preparation. foundit has connected over 120 million job seekers across 18 countries with the right job roles and upskilling opportunities. Over the last two decades, the company has been a leader in the world of recruitment solutions and has launched cutting-edge tools to give recruiters access to passive candidates in addition to active ones. With its advanced technology, foundit is efficiently bridging the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalised job searches and offer precision hiring. Additionally, foundit has been recognised as a Great Place to Work, reflecting its dedication to fostering a supportive and dynamic work culture. To learn more about, foundit in APAC & Gulf, visit: www.foundit.my | www.foundit.sg |www.foundit.com.ph | www.foundit.in | www.founditgulf.com |http://www.foundit.hk | www.foundit.id Contact: For media inquiries or further information, please contact:Namrata Sharma – Namrata.sharma@adfactorspr.com Contact number - +65 81383034 Copyright 2025 ACN Newswire via SeaPRwire.com.
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APEL Products Shine on the World Stage:Redefining Health and Sustainability – A Roadmap to Transformative Impact ACN Newswire

APEL Products Shine on the World Stage:Redefining Health and Sustainability – A Roadmap to Transformative Impact

APEL's interactive exhibition at Osaka's Knowledge Capital is running now until the end of December 2025.HONG KONG, Mar 10, 2025 - (ACN Newswire via SeaPRwire.com) - As the Expo 2025 Osaka, Kansai, Japan (hereinafter referred to as the "Expo") unfolds, Absolute Pure EnviroSci Limited (hereinafter referred to as "APEL" or the "Company"), an indirect non-wholly owned subsidiary of Yee Hop Holdings Limited (stock code: 1662.HK), proudly launches its ambitious plans aimed at redefining health and sustainability in Japan. In alignment with the Osaka Expo's theme, "Designing Future Society for Our Lives," APEL's initiatives demonstrate its strong commitment to addressing urgent global challenges related to human and ecological well-being.APEL's Vision: Revolutionizing Healthcare, Environmental, and Pet Wellness Sectors with Science and SustainabilityAt the heart of APEL's mission lies a commitment to tackle global challenges through innovation. The Company's mission serves as a strategic roadmap to deploy solutions across healthcare, environmental, and pet wellness sectors. APEL's interactive exhibition at Osaka's Knowledge Capital, running from now until the end of December 2025, along with the Expo, will serve as a dynamic platform to attract visitors from around the world, showcasing its pioneering technologies, engaging stakeholders, and forging alliances that accelerate positive impact.Mr. Jackin Jim (third from the right), Chairman of Yee Hop HoldingsLimited (Stock code: 1662.HK), Dr. Pat Yeung (second from the right),Director of APEL, and Dr. David Chung (first from the right),Chairman of APEL, are pictured with seminar guests.APEL's Expert Seminar: Biomedical Technology Innovation in Osaka.Ambition in Action: APEL's Revolutionary Product LineupAPEL's trio of flagship innovations-WisepuraTM, GERMAGICTM, and GERMAGICTM PET-are engineered to address Japan's pressing needs with precision and scalability:1.WisepuraTM: Redefining Public Health StandardsDeveloped with the Hong Kong University of Science and Technology (HKUST), WisepuraTM combats antimicrobial resistance and environmental hazards:- WisepuraTM Aquapura: A long-lasting antimicrobial material targeting odor elimination and water safety. - Target to deploy in 100+ public facilities by October 2025, reducing waterborne pathogens up to 99%.- WisepuraTM Airpura: An antimicrobial coating for air purification. - Target to partner with 15+ Japanese smart cities to cut airborne infections in transit systems.2. GERMAGICTM: Enhancing Hygiene for Every EnvironmentPowered by Multilevel Antimicrobial Polymer (MAP-1)-certified by 20+ global institutions GERMAGICTM is set to disrupt Japan's JPY 500 billion hygiene market:- Aircraft Air Purification: Partnering with a leading Japanese airline to equip 200+ planes with MAP-1 by Q4 2025, slashing in-flight germ transmission up to 60%.- Smart Building Integration: Collaborating with Techno Frontier Co., Ltd. to integrate MAP-1 into eco-friendly construction materials, targeting 30% energy savings in HVAC systems.3.GERMAGICTM PET: Elevating Human-Animal SymbiosisAPEL's tech-driven pet care brand merges diagnostics with antimicrobial solutions: - Target to capture 10% of Japan's JPY 1.2 trillion pet market by 2026, reducing pet-related allergies up to 50% in urban households. - Innovation: Launching pet wellness hubs in Tokyo and Osaka, offering real-time health monitoring for 50,000+ pets.APEL's flagship innovations-WisepuraTM, GERMAGICTM, and GERMAGICTM PET.Unwavering Confidence: Japan's Leaders Rally Behind APELOn 6 March 2025, APEL hosted the Expert Seminar, marking a watershed moment for the company and bringing together Japan's corporate, academic, and governmental elites such as Mr. Takuya Nomura, General Producer of Knowledge Capital, Mr. Ricky Fong, Director of Hong Kong Trade Development Council (HKTDC) Osaka Office, Mr. Ryoji Furukawa, Executive Secretary of Keizai Doyukai (Japan Association of Corporate Executives), Professor Shinji Maegawa from Kyoto University, Dr. Christine Yuan Huang, CEO & Founder of Quantum Life Limited, Mr. Kawahara Toshikazu, President of Techno Frontier Co. Ltd., Mr. German Cheung, Founder of Market Trend Interactive Solution Limited, and Mr. Neo Zhong, General Manager of Shanghai GermagicTM.A Roadmap to Transformative ImpactDr. David Chung, Chairman of APEL, stated, "In our relentless pursuit to tackle global challenges, we are committed to transforming scientific research into impactful applications that enhance the quality of life and living environments. It is a tremendous honor to receive strong endorsements from various sectors in Japan at this Seminar, signaling an exciting new chapter for APEL as we expand our health and environmental innovations globally. As we enter the Japanese market, we look forward to collaborating with local researchers, institutions, and businesses to develop cutting-edge solutions that address pressing global issues, paving the way for a brighter future for all."With the grand exhibition and expert seminar, APEL is confident that its innovations will deliver significant benefits, enhancing health and well-being while fostering a sustainable future. The anticipation surrounding these developments reflects APEL's commitment to excellence and its vision for a healthier world.About APELAbsolute Pure EnviroSci Limited (APEL), 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, is principally engaged in the research and development and commercialization of health and environment 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 media enquiries, please contact:Avy YuEudice LawTel: +852 9500 4443Tel: +852 9326 1113Email: avy.yu@ajacapital.com.hkEmail: eudice.law@ajacapital.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.
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Entertainment Expo makes grand return ACN Newswire

Entertainment Expo makes grand return

HONG KONG, Mar 10, 2025 - (ACN Newswire via SeaPRwire.com) - This year’s Entertainment Expo Hong Kong 2025 makes a grand return and is set to be the biggest yet injecting fresh vitality into Hong Kong’s entertainment sector and heralding in a new vision. Taking place from 16 March to 27 April, this year's Expo encompasses nine signature events, fostering cross-regional collaboration and digital transformation opportunities, further cementing Hong Kong's position as Asia's entertainment hub.Entertainment Expo 2025 is organised by the Hong Kong Trade Development Council (HKTDC) with sponsorship from the HKSAR’s Cultural and Creative Industries Development Agency (CCIDA), Film Development Fund, and the Culture, Sports and Tourism Bureau and is part of Arts March Hong Kong. The launch ceremony will take place on 17 March at the Hong Kong Convention and Exhibition Centre (HKCEC), with Leon Lai continuing in his role as Hong Kong Entertainment Ambassador and carrying forward his mission of promoting Hong Kong's film and entertainment culture.A new addition to this year's line-up, the Hong Kong Film Music Fiesta joins forces with established events including the Hong Kong International Film and TV Market, EntertainmentPulse, Hong Kong International Film Festival, Hong Kong Film Awards, Asian Film Awards, Digital Entertainment Summit, Hong Kong - Asia Film Financing Forum, and the Microfilm Production Support Scheme (Music), presenting captivating entertainment contentHong Kong International Film and TV Market (FILMART)The 29th FILMART, Asia's leading entertainment content marketplace organised by the HKTDC, will run from 17 to 20 March at the HKCEC and brings together more than 750 exhibitors from over 30 countries and regions, and features more than 30 regional pavilions. This year, Australia, Cambodia, France, India, Malaysia, Saudi Arabia and Vietnam will host new pavilions while emerging markets including Czech Republic and Kazakhstan, join for the first time, further enhancing the event's cultural diversity.FILMART introduces several groundbreaking initiatives this year, headlined by Producers Connect - a collaborative effort between the Culture, Sports and Tourism Bureau, CCIDA, Hong Kong Film Development Council, and the HKTDC, funded by Film Development Fund. This focused programme features a series of events including a panel discussion, fireside chats, workshops and business matching activities, forging valuable networks for emerging and renowned producers from Hong Kong and around the world, to steer more co-productions, while supporting up-and-coming talents. In response to the global digital transformation sweeping across the film and TV production world, the HKTDC will launch the AI Hub pilot programme in collaboration with the Association of Motion Picture Post Production Professionals and the Movie Producers and Distributors Association of Hong Kong. Comprising an exhibition zone, conference panel and forums, AI Hub promotes AI usage across the filmmaking process, with the exhibition zone spotlighting AI solutions from the Hong Kong Academy for Performing Arts (HKAPA) School of Film and Television, Lenovo and Sony, and more. Distinguished industry leaders and AI pioneers will also gather at the conference and forums to share their knowledge and expertise in harnessing AI's game-changing potential.While the physical exhibition spans four days, the FILMART Online IP Catalogue will operate from now until 27 April, helping exhibitors and buyers to continue their discussion for project collaborations before and after the fair.EntertainmentPulseThe four-day conference, EntertainmentPulse assembles global entertainment industry leaders to discuss the outlook and development of the Asian markets. Key topics include Asian animations, ASEAN market and video streaming. While the world recognized producers will take a deep dive into risk management in cross-border co-productions on the second day, the panel of “Gearing Up for the AI Opportunities” is the highlight for day two, featuring Yu Zhixin, producer of Ne Zha 2 from Hong Li Animation Studios, who will share insights on leveraging AI to achieve international acclaim.Hong Kong International Film Festival (HKIFF)From 10 to 21 April, the 49th HKIFF presents the theme “Dialogue - Conversation of Film” with acclaimed actress Angela Yuen serving as festival ambassador. Celebrated screen icon Louis Koo takes centre stage as Filmmaker in Focus, with a curated retrospective of ten seminal works highlighting his enduring impact on Hong Kong cinema.A distinguished highlight features Catalonian virtuoso Albert Serra's masterclass, where the contemporary auteur will present his latest documentary Afternoons of Solitude and share insights into his signature long-take aesthetic. The highly acclaimed Finnish director Juho Kuosmanen will also be featured, presenting his latest film, Silent Trilogy, while sharing his film philosophy and artistic vision with the audience in Hong Kong. Additionally, more highlighted filmmakers from France, Switzerland, Japan, Korea, Vietnam, and Taiwan are set to come, offering a variety of exciting programs.Hong Kong Film Awards (HKFA)The 43rd Hong Kong Film Awards ceremony will take place at the Hong Kong Cultural Centre on 27 April. This year's awards demonstrate unprecedented industry solidarity, with first-round voting participation reaching a three-year high of 64.84%. Reflecting the industry's continuing professional development, the HKFA Association has grown from 14 to 17 member organisations, including the Hong Kong Film Assistant Directors’ Association, Hong Kong Association for Pictures and Sound Production, and Hong Kong Visual Effects Association.This year's nominations showcase Hong Kong cinema's diverse creative prowess The Last Dance, Hong Kong's highest-grossing Chinese-language film to date, leads with 18 nominations, followed closely by Twilight of the Warriors: Walled In with 14 nominations.Asian Film Awards (AFA)The 18th Asian Film Awards will take place at the Xiqu Centre on 16 March and feature 30 outstanding films from 25 countries and regions competing across 16 categories and legendary international action star and director Sammo Hung chairs this year's jury. Korean film Exhuma dominates with 11 nominations, including Best Film and Best Director followed by Hong Kong's action epic Twilight of the Warriors: Walled In follows with nine nominations. Japanese director Daihachi Yoshida's black-and-white film Teki Cometh and Indian director Payal Kapadia's All We Imagine as Light each received six nominations. Hong Kong films Papa and The Last Dance garnered three nominations each, with Sean Lau and Michael Hui competing for Best Actor, Maggie Li Lin Lin received her first Best Supporting Actress nomination for All Shall Be Well.In February, Japanese all-round artist Koki, was as the recipient of this year’s special Rising Star Award and will personally accept the honour in Hong Kong.Digital Entertainment SummitThe 14th Digital Entertainment Summit, themed “Unlock Opportunities of the Dynamic Animation Market and Productions in Asia”, organised by Hong Kong Trade Development Council, co-organised by Hong Kong Digital Entertainment Association and Hong Kong International Film Festival Society, will convene at the FILMART on 19 March and brings together Asia's foremost animation visionaries and industry leaders. In an era where AI and breakthrough technologies are revolutionising creative expression, distinguished industry pioneers from across the region will explore the integration of advanced technologies to elevate production capabilities and examine Asian animation's strategic positioning in the global marketplace.Hong Kong - Asia Film Financing Forum (HAF)Since becoming an integral part of the HKIFF Industry Project Market last year, HAF has expanded significantly. This year's edition received nearly 400 submissions from 45 countries and regions, including Hong Kong, Kazakhstan, Korea, Thailand, and Turkey, with 48 projects selected. The prestigious lineup includes projects produced by Hirokazu Kore-eda, Stanley Kwan, Lee Sinje, with a cast of veteran actors and rising stars from Lee Kang-Sheng to Kadowaki Mugi, Fan Bingbing, Jennifer Yu, Jack Tan, and Qu Chuxiao and spans action, sci-fi, fantasy, suspense, horror, and disaster genres. A new independent section dedicated to animated feature films at various production stages is a new addition and is designed to foster animation development across Asia. The three-day forum will run concurrently with FILMART from 17-19 March at the HKCEC, will facilitate business matching and networking opportunities to drive Asian film industry development.Hong Kong Film Music FiestaThe annual Hong Kong Film Music Fiesta organised by the Hong Kong Film Composers’ Association, promoting Hong Kong’s film music to the global industry and public appreciation through the live performance. Themed “Echoes of Order and Chaos” and staged at the HKCEC on 18 March, the concert will be led by music directors Tomy Wai and Julian Chan, reinterpreting the dynamics of Hong Kong’s crime films, paying tribute to distinguished filmmakers and composers including Benny Chan, Teddy Robin, and Kawai Kenji, and showcasing the unique charm of Hong Kong film music.Microfilm Production Support Scheme (Music)The 12th Microfilm Production Support Scheme (Music) Awards Ceremony will take place on 20 March at Theatre 2, HKCEC. The initiative empowers 22 emerging teams and 10 established production houses with grants ranging from HK$130,000 to HK$240,000. Participating filmmakers benefit from comprehensive mentorship in screenwriting, directing, and other facets of production. The scheme recognises excellence through accolades including the prestigious "Best Microfilm Production" award, with distinguished works gaining potential nominations for international festivals, further elevating Hong Kong's creative talents on the global stage.Entertainment Expo website: http://www.eexpohk.comPhoto Download: https://bit.ly/41QFgAOEntertainment Expo Hong Kong Ambassador Leon Lai continues to champion the city's dynamic entertainment industry.The 29th FILMART introduces its pioneering AI Hub, showcasing advanced AI applications across the film and television production pipeline.Hong Kong Film Music Fiesta, a new addition to Entertainment Expo 2025. Themed “Echoes of Order and Chaos” and staged at the HKCEC on 18 March.Media Enquiries:The 29th HKTDC Hong Kong International Film and TV Market (FILMART)http://www.hktdc.com/hkfilmart17 March to 20 MarchRaconteur PR:Betsy TseTel: (852) 9742 7338Email: betsytse@raconteur.hkHKTDC's Communication and Public Affairs Department:Snowy ChanTel: (852) 2584 4525Email: snowy.sn.chan@hktdc.orgThe 4th EntertainmentPulsehttps://www.hkiff.org.hk/17 March to 20 MarchRaconteur PR:Betsy TseTel: (852) 9742 7338Email: betsytse@raconteur.hkHKTDC's Communication and Public Affairs Department:Snowy ChanTel: (852) 2584 4525Email: snowy.sn.chan@hktdc.orgThe 49th Hong Kong International Film Festivalhttp://www.hkiff.org.hk10 April to 21 AprilTel: (852) 2970 3300Email: info@hkiff.org.hkThe 43nd The Hong Kong Film Awards (HKFA)https://www.hkfaa.com27 AprilTel: (852) 2367 7892Email: hkfaa@hkfaa.comThe 18th Asian Film Awardshttps://www.afa-academy.com/16 MarchTel: (852) 3195 0607Email: info@afa-academy.comThe 23nd Hong Kong – Asia Film Financing Forum (HAF)https://industry.hkiff.org.hk/17 March to 19 MarchTel: (852) 2970 3300Email: haf@hkiff.org.hkThe 14th Digital Entertainment Summithttps://www.hktdc.com/hkfilmart19 MarchTel: (852) 1830 668Email: filmart@hktdc.orgHong Kong Film Music Fiesta (new event included under Entertainment Expo 2025)https://hkfmf.com.hk/18 MarchEmail: maya.hkfca@gmail.comThe 12th Microfilm Production Support Scheme (Music)https://www.microfilm-music.hk/1st_microfilm/20 MarchTel: (852) 3594 6723Email: maychin@nhms.com.hkHKTDC Media Room: https://mediaroom.hktdc.com/enAbout 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.
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Hong Kong products highly rated by ASEAN e-shoppers ACN Newswire

Hong Kong products highly rated by ASEAN e-shoppers

HONG KONG, Mar 10, 2025 - (ACN Newswire via SeaPRwire.com) - Hong Kong businesses are well placed to make good on the government’s budget commitment to step up e-commerce trade with the ASEAN bloc, according to new research from the Hong Kong Trade Development Council (HKTDC). In particular, the findings show that the extension of the E-Commerce Easy initiative may be of huge benefit to Hong Kong’s small and medium-sized enterprises (SMEs).Titled ASEAN eCommerce opportunities: Insights on Consumer Behaviours and Positioning of Hong Kong Products, the research shows that Hong Kong brands and products are already particularly valued in six key ASEAN markets – Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam – with every indication that this positive perception will lead to significant growth in future trade.Previewed today, the full report will be released on 19 March during a dedicated session at this year’s HKTDC MarketingPulse and eTailingPulse events at the Hong Kong Convention and Exhibition Centre.HK electronic, fashion, cosmetic products popular in ASEANAmong the key findings of the research is the high level of popularity Hong Kong brands and products enjoy among ASEAN-6 e-consumers. In fact, some 70% of online shoppers within the six-nation grouping indicated they had bought at least one Hong Kong-sourced product within the past 12 months.This preference was particularly pronounced among younger consumers, with the 18-29-year-old demographic indicating the highest regard for goods of Hong Kong origin.In terms of the factors behind the appeal of Hong Kong brands and products for ASEAN consumers, the research identified three primary reasons. Firstly – and most compellingly – some 35% of respondents perceived Hong Kong-sourced goods as less costly and better value for money than those from other sources.Secondly, a significant proportion of respondents (33%) stated that they particularly valued Hong Kong-sourced items for the way they seamlessly and successfully blended Asian and Western elements. A further 32% indicated that the stylish nature of the online inventory of Hong Kong-sourced items was the attribute they valued most highly.In terms of Hong Kong e-commerce categories with the highest level of appeal for ASEAN-6 purchasers, consumer electronic items topped the list, winning favour with 70% of respondents. Taking the number-two spot was Hong Kong-sourced fashion items (38%), while coming a close third was the city’s online range of cosmetic/personal care products (34%).Singaporean, Thai and Malaysian e-shoppers spend the mostThe survey also found e-shoppers from Singapore, Thailand and Malaysia spent the most per purchase on Hong Kong goods. Take Hong Kong-sourced consumer electronics as an example, Singapore e-shoppers on average spent US$371 per purchase, followed by those in Thailand (US$276).In terms of individual ASEAN markets, it was Thailand that showed the greatest partiality to Hong Kong e-commerce items, with 81% of the relevant survey respondents having purchased such an item within the past 12 months.In second place was Indonesia, with 73% of respondents having ordered a Hong Kong item online within the last year. Slightly below this, in third place, was the Philippines, with 69% of the country’s respondents having made a related purchase over the past 12 months.In terms of age demographics, respondents aged 30-49 had the highest average spending per purchase.Separately, an average of 76% of those 18-29 year-olds across all ASEAN-6 markets had purchased a Hong Kong-sourced item online within the past 12 months. Among the 30-49 segment, the corresponding figure fell marginally to 72%, before falling further – to 52% – for online shoppers aged 50 or above. Reassuringly, even in this older category, a slender majority still manifested a preference for buying from the city via an online channel.Commenting on the significance of the survey, Irina Fan, Director of HKTDC Research, said: “It’s encouraging that the first study of its kind should show just how willing ASEAN consumers are to purchase Hong Kong brands and products via a variety of online channels. In line with our findings, Hong Kong SMEs should particularly bear in mind the high regard consumers in Thailand and Indonesia have for Hong Kong-sourced products.”Ms Fan added: “In terms of product categories, it’s clearly particularly good news for Hong Kong companies in the consumer electronics sector, an area that has long been one of the city’s key strengths.”Full report revealed at eTailingPulseThe HKTDC is organising the MarketingPulse and eTailingPulse conferences at the Hong Kong Convention and Exhibition Centre next Wednesday, 19 March. The full ASEAN e-Commerce opportunities: Insights on Consumer Behaviours and Positioning of Hong Kong Products report will be unveiled at an eTailingPulse panel discussion, where business leaders will share insights from their successful experiences in the ASEAN e-commerce market.The panel is among nearly 30 sessions at the two Pulse events, which bring together more than 65 global elites from diverse industry sectors, including influential marketing experts, economists, retail giants, brand strategists, advertising and PR professionals and e-commerce leaders.Themed Inspiring Possibilities, the events aim to turn visionary ideas into actionable strategies and spark cross-disciplinary collaboration. This year’s event will spotlight six key marketing topics: leveraging data and artificial intelligence (AI) to drive innovative marketing strategies; integrating art, music and culture into brand marketing to explore new frontiers; embracing neurodiversity to foster more inclusive marketing perspectives; opportunities in the ASEAN and halal markets; addressing the challenges and possibilities of global industry transformation in light of the rising trend of single-person households; and empowering the “she economy” through innovative AI solutions to enhance the market competitiveness of e-commerce platforms.Attendees will have the opportunity to explore forward-thinking market dynamics, emerging trends, innovative marketing strategies and compelling success stories.HKTDC support SMEs tapping into e-commerceThe HKTDC has been supporting SMEs to tap into the tremendous business opportunities brought by the rapidly developing e-commerce market. The HKTDC Design Gallery online store will extend to Singapore and Malaysia in 2025/26, followed by Thailand in a subsequent phase. Hong Kong suppliers will be able to sell their products to the ASEAN region through this online channel in the form of cross-border e-commerce. The range of products to be offered in the initial stage includes gifts, housewares, bags, baby/kids’ products and eco-friendly products.This year, the HKTDC is also launching a year-long programme called E-Commerce Express to address the pain points faced by local SMEs when developing cross-border e-commerce businesses in the mainland. The programme will involve the HKTDC, together with major e-commerce or social media platforms, arranging a series of thematic training seminars and research sharing sessions.Appendix- E-commerce Easy: The E-commerce Easy initiative was set up by the Hong Kong SAR Government in July 2024 to help fund local businesses as they seek to serve potential mainland clients via a range of e-commerce channels. In the 2024 Policy Address, the Government announced it would expand the scheme to cover ASEAN-10 markets within 2025, with Hong Kong companies looking to access the bloc via online sales platforms eligible for subsidies of up to HK$1 million.- Methodology: HKTDC Research conducted an online survey of 1,846 online shoppers in June and July 2024 covering the six ASEAN-6 markets of Indonesia, Thailand, Malaysia, the Philippines, Vietnam and Singapore. There were roughly 300 respondents from each country. Typically, respondents were aged 18 to 60, resided within selected major metropolitan areas, made online purchases at least once a month, and were mid- to high-annual income earners.ReferencesHKTDC Research website: https://research.hktdc.com/en/Photo download: https://bit.ly/41zMoAfHKTDC Director of Research Irina Fan previews key findings of a new report, ASEAN eCommerce opportunities: Insights on Consumer Behaviours and Positioning of Hong Kong ProductsMedia enquiriesPlease contact the HKTDC’s Communication and Public Affairs Department:Jane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgKaty WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.org About 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.
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The New Economics of Power Markets in a Low-Carbon World 2025 ACN Newswire

The New Economics of Power Markets in a Low-Carbon World 2025

SINGAPORE, Mar 6, 2025 - (ACN Newswire via SeaPRwire.com) - Infocus International Group has once again launched the Electricity Economics inChanging Electricity Markets virtual course and it will be commencing live on 14th May 2025.This is an essential course both for those generating and trading electricity and for those responsible for policy within the power industry. It leads you through a clear, accessible and thorough examination of the economics ofpower generation, from power plant cost influences to end-customer prices. It contextualises this analysis with keyconsideration of industry drivers and trends, including increasingly liberalized and competitive markets, evolvingpolicy support and management frameworks, the growth and integration of renewable power sources, and therestructuring of power systems towards more decentralised operations.One of our past participants from Electricity Generation Company Malawi shared that, “The course was veryenjoyable, with lots of demonstrations and case studies. The facilitator was just marvelous, up to the game. It was avalue for money workshop.”“He is a professional trainer with excellent presentation skills. The trainer is able to make simple presentations ofcomplex issues and has a very good knowledge of renewable matters. I highly recommend him as a trainer”, said apast participant from IDETA.We’ll examine these key questions:Which variables drive the economics of electricity generation?How do generation costs combine with other factors to produce end-use electricity prices?How are current technology & system trends impacting electricity costs and prices?What are policymakers doing to keep costs down?Who are the key stakeholders and influencers on electricity economics?What are the value-chain impacts of market liberalization and competition?How are solar and wind power (and other low-carbon options) changing market environments?… and many more!The presenter allows for and encourages plenty of Q&A and discusses the issues from multiple stakeholderperspectives; including power plant owners, investors, policymakers and energy customers. This online course is anessential primer for those seeking to navigate successful business routes through transitioning electricity systems.About Infocus International GroupInfocus International is a global business intelligence provider of strategic information and professional services fordiverse business communities. We recognise clients’ needs and respond with innovative and result orientedprogrammes. All products are founded on high value content in diverse subject areas, and the highest level of qualityis ensured through intensive and in-depth market research from local and international insights. For moreinformation: www.infocusinternational.comWant to learn more?Simply email to calvin@infocusinternational.com or +65 6325 0235 to obtain your FREE COPY of event brochure.For more information, please visit www.infocusinternational.com/electricityeconomics-online Copyright 2025 ACN Newswire via SeaPRwire.com.
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CITIC Telecom CPC Wins Outstanding Award at 2025 Hong Kong Sustainable Development Innovation and Technology Awards ACN Newswire

CITIC Telecom CPC Wins Outstanding Award at 2025 Hong Kong Sustainable Development Innovation and Technology Awards

HONG KONG, Mar 10, 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 it has honored with the outstanding award in the Green Supply Chain Innovation and Technology category at the 2025 Hong Kong Sustainable Development Innovation & Technology Awards. The award recognizes CITIC Telecom CPC’s groundbreaking solution, AI Analytics, for its transformative impact on sustainable supply chain management.CITIC Telecom CPC Wins Outstanding Award at2025 Hong Kong Sustainable Development Innovation and Technology Awards forGreen Supply Chain Innovation and TechnologyThe Hong Kong Sustainable Development Innovation and Technology Awards celebrate organizations and individuals who have demonstrated exceptional innovation and commitment to advancing sustainable development. CITIC Telecom CPC’s AI Analytics stood out for its ability to integrate advanced artificial intelligence (AI) and machine learning into supply chain operations, enabling businesses to achieve greater efficiency, accuracy, and environmental sustainability.Driving Innovation for Environmental, Economic, and Social SynergyAI Analytics Order Demand Forecasting Application is an intelligent solution that embodies the principles of “Big Data, Small Model, Multiple Scenarios, Intelligent Application” within its Model-as-a-Service (MaaS) framework. By integrating large dataset model and self-developed intelligent algorithm through deep learning, the solution builds a comprehensive knowledge base for business applications. Leveraging computing resources deployment and cross-dimensional training cycles, AI Analytics Order Demand Forecasting Application delivers a “ready-to-use” solution that enable enterprises to utilize advanced algorithms development platform right away, without the need for extensive model training. This solution efficiently provides intelligent and visualized key data analysis, enabling enterprises to stay informed about the latest business dynamics and operational scenarios. It drives significant value by enhancing supply chain efficiency, reducing waste, and promoting sustainable practices. Serving as the core engine of supply chain operations, AI Analytics Order Demand Forecasting Application seamlessly connects material procurement and production activities. By leveraging cutting-edge AI technologies, including deep learning and large language models (LLMs), it enables precise demand forecasting, further reducing material waste, optimizing resource use, and minimizing environmental impact. Economically, it lowers operational costs, improves cash flow, and enhances efficiency through real-time data analysis. Socially, it empowers enterprises to respond swiftly to market demands, ensuring timely deliveries and higher customer satisfaction. AI Analytics Order Demand Forecasting Application demonstrates the practicality in real business situations and exemplifies how innovation can drive sustainability, economic growth, and social progress simultaneously.Mr. Ivan Lee, Vice President of Innovative Research & Development and Information Technology of CITIC Telecom CPC, said, “We are deeply honored to receive this prestigious award, which underscores our commitment to driving innovation in sustainable technology. AI Analytics Order Demand Forecasting Application represents a transformative approach to supply chain management, combining advanced AI with practical, scalable solutions that empower businesses to thrive in a rapidly changing world. By reducing waste, enhancing supply chain sustainability, improving customer satisfaction, and driving economic efficiency, we are proud to contribute to a greener, more socially responsible, and economically sustainable future.” CITIC Telecom CPC is advancing sustainability by integrating innovative technology with green practices, driving efficiency across industries. Committed to achieving ESG goals, CITIC Telecom CPC cultivates a robust network of ecosystem partners, delivering AI-driven solutions that empower enterprises to enhance efficiency, reduce costs, and achieve their sustainability visions.About Hong Kong Sustainable Development Innovation and Technology AwardsHong Kong Sustainable Development Innovation and Technology Awards is organized by the World Institute of Sustainable Development Planners, supported by the Innovation and Technology Commission, various government departments and agencies, as well as research, academic and industry sectors. These awards aim to recognize and reward institutions, enterprises, and technology talents across various industries for integrating sustainability principles into their innovative technology, from development, planning, application, to solutions. Allowing all sectors of society to understand Hong Kong’s accomplishments and contributions in sustainable I&T development.For more information, please visit https://wisdp.org/wp/hksdit2025/.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 more than 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 Copyright 2025 ACN Newswire via SeaPRwire.com.
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DX Leaders Philippines 2025: Accelerating IT Innovation in a $40B Digital Economy ACN Newswire

DX Leaders Philippines 2025: Accelerating IT Innovation in a $40B Digital Economy

MANILA, Mar 10, 2025 - (ACN Newswire via SeaPRwire.com) - As the Philippines moves toward an estimated $40 billion digital economy by 2025, digital transformation has become a strategic priority for businesses nationwide. DX Leaders Philippines 2025 will bring together 100+ CIOs and IT leaders at Fairmont Makati, providing a collaborative platform to explore next-gen technologies—from AI and cloud computing to cybersecurity and IoT—and how they can drive real business impact in today’s digital-first world.With 60% of global business and IT leaders identifying digital transformation as a key growth driver by 2026(PwC), this forum will explore how enterprises can harness these advancements to enhance efficiency, optimize productivity, and tackle operational challenges.Adding to the momentum, Boomi and Nexus Technologies, Workato as Gold Sponsors, Teleperformance as Plenary Sponsor, Freshworks and Corqspace as Silver Sponsors, and Kissflow as an Associate Partner will play a pivotal role in this year’s event. Meanwhile, Sotnet and RPA Python will spearhead networking initiatives, ensuring high-value conversations and connections among industry leaders.Bridging the Digital Divide: Overcoming Barriers to InnovationWhile the Philippines is rapidly advancing in digital transformation, challenges remain in achieving a fully tech-enabled future. DX Leaders Philippines 2025 is set to tackle these obstacles under the theme: "Staying Digitally Fit with Next-Gen Tech to Accelerate IT Innovation Surge."This forum will equip CIOs and IT decision-makers with cutting-edge strategies, industry best practices, and actionable insights to drive sustainable digital growth. Through expert-led keynotes, dynamic panel discussions, fireside chats, and interactive roundtables, attendees will gain the knowledge needed to future-proof their organizations and maximize the potential of emerging technologies.A Big Comeback: EDX Expands RoadshowX to Conquer the Digital WorldAlecs Andrade, Director of Marketing and Operations at EDX, shares his excitement about this year’s expanded roadshow:“We’re thrilled to bring DX Leaders back to the Philippines as part of our RoadshowX series. This year marks a major comeback, and what makes it even more exciting is that we’re not stopping here—we’re also heading to Malaysia and Indonesia once again. The level of innovation and collaboration we’re seeing in these markets is incredible. Our goal is to deliver a high-impact experience, where IT leaders gain invaluable industry insights and build meaningful partnerships that propel their digital transformation journey forward.”Stay Tuned – EDX’s RoadshowX is Set to Conquer the Digital World!With industry pioneers, innovators, and decision-makers coming together, DX Leaders Philippines 2025 at Fairmont Makati promises to be a game-changing event for enterprises looking to thrive in the digital economy.Stay tuned as EDX’s RoadshowX sets out to conquer the digital world—one transformative event at a time!About EDXAt EDX Pte. Ltd., we are committed to building alliances that support leaders and companies in addressing the pressing challenges of digital transformation, cybersecurity, and customer experience.Whether through our EDXchange sessions, dynamic forums, one-on-one matched meetings, or custom events catered to your needs, we build engaging platforms meant to accelerate executive learning and collaboration. We enable decision-makers to exchange insights and open up new avenues for growth and innovation by fostering these deep connections.Our mission is to establish a cooperative environment where business executives from many sectors can interact, exchange knowledge, and work together to manage the challenges of the modern digital world enabling them to remain competitive in a constantly shifting environment.Website: https://edxevents.com/For more information, please contact:Alecs AndradeEDX Eventsalecs@edxevents.com Copyright 2025 ACN Newswire via SeaPRwire.com.
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The PropertyGuru Asia Awards Malaysia in Partnership with iProperty return with 23 new categories in 2025 ACN Newswire

The PropertyGuru Asia Awards Malaysia in Partnership with iProperty return with 23 new categories in 2025

THE 12TH EDITION OF MALAYSIA’S PREMIER REAL ESTATE AWARDS PROGRAMME EXPANDS WITH ADDITIONAL ACCOLADES FOR ACHIEVEMENTS IN DEVELOPMENT AND DESIGN NATIONWIDEThe independent panel of judges gather in Kuala Lumpur on 26 February for the launch of the 2025 edition of the PropertyGuru Asia Awards Malaysia in partnership with iPropertyKUALA LUMPUR, Mar 10, 2025 - (ACN Newswire via SeaPRwire.com) - The PropertyGuru Asia Awards Malaysia in partnership with iProperty return for their 12th edition in 2025 with more categories than ever before.Part of the PropertyGuru Asia Property Awards series, which marks its historic 20th edition in 2025, the enhanced awards programme will recognise excellence in property development and design throughout Malaysia. Supported by the country’s leading property portals, PropertyGuru.com.my and iProperty.com.my, the awards are expected to set new benchmarks for the property sector nationwide.Key dates for the 2025 edition are as follows:30 May 2025 – Entries Close17-29 June 2025 – People’s Choice Awards Voting Period1-3 July 2025 – Live Judging Days9 October 2025 – Gala Dinner and Awards Ceremony in Kuala Lumpur, Malaysia12 December 2025 – Regional Grand Final Gala Dinner and Awards Presentation in Bangkok, Thailand Expanding award categoriesWith the continued expansion of the real estate market, the PropertyGuru Asia Awards Malaysia in partnership with iProperty are launching a total of 132 categories in 2025. These categories were officially unveiled during launch events in Johor Bahru on 24 February 2025 and in Kuala Lumpur on 26 February 2025, attended by industry stakeholders ranging from company representatives to judges and customers.This year’s edition of the PropertyGuru Asia Awards Malaysia in partnership with iProperty also launched from Johor Bahru on 24 FebruaryThis year’s edition introduces nine new awards recognising outstanding landed and high-rise developments in the Central, Northern, and Southern regions of Malaysia. These are Best Ultra Luxury Landed Development (Central); Best Ultra Luxury Landed Development (Northern); Best Ultra Luxury Landed Development (Southern); Best Mid End Landed Development (Central); Best Mid End Landed Development (Northern); Best Mid End Landed Development (Southern); Best Ultra Luxury High-Rise Development (Central); Best Ultra Luxury High-Rise Development (Northern); and Best Ultra Luxury High-Rise Development (Southern).Seven new categories will honour residential projects across all regions of Malaysia: Best Townhouse Development; Best Completed Mixed Use Development; Best Oceanview High-Rise Development; Best Oceanview Landed Development; Best Serviced Apartment Development; and Best Heritage Development.Two new categories will recognise outstanding commercial projects throughout the country: Best Lifestyle Commercial Development and Best Nature Integrated Development.Finally, six design categories have been introduced to celebrate excellence in architecture and interior aesthetics: Best Townhouse Architectural Design; Best Townhouse Interior Design; Best Sales Gallery Design; Best Retail Interior Design; Best Office Architectural Design; and Best Townhouse Landscape Design.The expansion of categories builds on the success of the ESG Developer Awards introduced at the 2024 awards, reinforcing PropertyGuru’s support for sustainable development. These special awards will return this year and recognise five champions in ESG initiatives.Ongoing, meaningful changeDatuk Ar. Ezumi Harzani Ismail, president of the Malaysian Institute of Architects (PAM) 2020-2022 and chairperson of the judging panel, said: “The quality of last year’s award winners reflected ongoing, meaningful change within Malaysia's property sector and highlights our market’s ability to adapt and elevate standards. Participating in the awards is essential for developers as it not only establishes higher benchmarks in real estate development and design but also promotes healthy competition as well as collaborative innovation. Ultimately, our industry benefits by guiding consumers toward affordable and aspirational built spaces."Led by Datuk Ar. Ezumi Harzani Ismail, a 14-member panel of specialists will assess entries and select winners during the Live Judging Days In July 2025. The panel of judges comprise diverse experts including town planners, ESG consultants, valuers, engineers, property managers, architects, designers, and legal experts.Various developers and customers join the launch of the awards in Kuala LumpurAs the official supervisor of the awards, HLB Ler Lum Chew – HLB Malaysia, part of “2024 Network of the Year” winner HLB International, will oversee this selection process, ensuring the credibility of the judging system.Meanwhile, the People’s Choice Awards will empower the public to vote in June 2025 for their favourite developers based on reputation, track record, timely project delivery, and overall quality. As official balloting partner, HLB Ler Lum Chew – HLB Malaysia will verify the results of this public voting process.All winners will be revealed during a prestigious gala dinner and awards ceremony at the St. Regis Kuala Lumpur in October 2025.Representing Malaysia on the international stageMajor winners of the 12th PropertyGuru Asia Awards Malaysia in partnership with iProperty will represent the country on the international stage at the 20th PropertyGuru Asia Property Awards Grand Final in December 2025. Leading developers from across Asia Pacific, including those from markets such as the Middle East, Mainland China, Hong Kong, Macau, Japan, Australia, India, Sri Lanka, Cambodia, Indonesia, the Philippines, Singapore, Thailand, and Vietnam, will compete against those from Malaysia at the 2025 Grand Final.At last year’s Grand Final, Malaysian projects earned various awards, with winners including Bangsar Heights Pavilion, Berinda Group, City Motors Group, Eupe Corporation Berhad, Gunung Impian Development Sdn Bhd, Iskandar Investment Berhad, JLand Group Sdn Bhd, Malton Berhad, Sime Darby Property Berhad, Tropicana Corporation Berhad, and Triterra Sdn Bhd.Organised by PropertyGuru Group, the 12th Annual PropertyGuru Asia Awards Malaysia in partnership with iProperty are supported by official portal partners PropertyGuru.com.my and iProperty.com.my; official ESG knowledge partners Green Building Index, GreenRE and Malaysia Green Building Council; official magazine Property Report by PropertyGuru; and official supervisor and balloting partner HLB.For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com/en/award/malaysia.ABOUT PROPERTYGURU ASIA PROPERTY AWARDSPropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent. In 2025, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during PropertyGuru Week in December 2025. For more information, please visit AsiaPropertyAwards.com.ABOUT PROPERTYGURU GROUPPropertyGuru is Southeast Asia’s leading(1) PropTech company, and the preferred destination for over 31 million property seekers(2) to connect with over 50,000 agents monthly(3) to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings(4), in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 17 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets. For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.(1) Based on SimilarWeb data between January 2024 and June 2024.(2) Based on Google Analytics data between January 2024 and June 2024.(3) Based on data between April 2024 and June 2024.(4) Based on data between January 2024 and June 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com Media & Partnerships:Piyachanok Raungpaka, Senior Media & Marketing Services ExecutiveM: +66 94 887 5163E: piyachanok@propertyguru.comSales & Nominations:June Fong, Director of Awards and Events (Malaysia)M: +6012-6594394E: june.fong@iproperty.com.my Copyright 2025 ACN Newswire via SeaPRwire.com.
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World’s Most Sleep-Deprived Nation Has a Gender Crisis: Why Singaporean Women Bear the Heaviest Burden ACN Newswire

World’s Most Sleep-Deprived Nation Has a Gender Crisis: Why Singaporean Women Bear the Heaviest Burden

SINGAPORE, Mar 10, 2025 - (ACN Newswire via SeaPRwire.com) - Living in a highly-productive and high-performance society like Singapore does have its benefits - breeding a highly-competitive environment where efficiency is achieved, stability is maintained, and getting full value is often the name of the game. In Singapore, its citizens have accepted this as the status quo.However, Singapore has also been found to be the most exhausted and sleep-deprived nation in the world, scoring 7.2 out of 10 on a fatigue scale, with only 44% of the population getting the recommended seven hours of sleep. As we mark International Women’s Day and World Sleep Day this March, research has shown that this hidden crisis of sleep deprivation disproportionately impacts women. The numbers expose a brutal truth:Women are twice as likely to have insomnia (Michigan Medicine)33% of women wake up every night (Sleep Foundation)37% of women report losing sleep due to hormone-related conditions (Sleep Foundation)Beyond increasing the risk of heart disease, diabetes, and depression, sleep deprivation launches a direct assault on women’s health and appearance. During sleep, the body’s natural repair mechanisms regenerate skin cells, produce collagen, and fight premature aging. When sleep is compromised, the consequences are profound:Accelerated skin agingIncreased inflammationReduced skin cell turnoverDull, tired complexionLAC understands that addressing sleep is more than a wellness strategy - it’s a form of empowerment. Their comprehensive range tackles both internal sleep challenges and external skin restoration, supporting women’s holistic health.LAC addresses this gap with its TriAction Sleep Formula, a supplement designed to support the natural sleep cycle through a unique triple-layer technology. The formula is engineered to release key sleep-supporting nutrients at different stages:Pre-Sleep Phase: While still awake, the first layer works to calm the mind and body using a blend of Valerian Root Extract, Saffron Extract, Magnesium, and Melatonin, signaling that it’s time to unwind and sleep.Transition to Sleep: After settling into bed, the second layer—with ingredients like L-Theanine and GABA—helps ease the transition into sleep, promoting a faster onset and more stable rest.Sustained Rest: Throughout the night, the third layer gradually releases the same actives, reducing interruptions and helping to maintain a consistent sleep cycle. This controlled release is particularly beneficial for adjusting sleep patterns during travel or shifts in routine.This multi-stage approach aims to help individuals manage common sleep disturbances, ultimately improving mood, reducing daytime fatigue, and supporting the body’s natural repair processes. It is also made with all natural ingredients, preventing over reliance or dependency.Complementing the emphasis on quality sleep is the LAC Taut range, which focuses on protecting against premature skin aging through advanced collagen support.LAC TAUT Rejuvenate+ Premium CollagenThis premium collagen drink delivers a potent 13,000mg of Rapid Delivery System (RDS) low molecular weight fish collagen per serving, sourced from deep-sea red snapper. It's formulated to help restore, firm, and hydrate the skin while combatting Advanced Glycation End Products (AGEs), which are associated with premature aging.LAC TAUT Radiance+ Premium Collagen MaskA high-intensity facial mask infused with hydrolysed collagen, squalane, hyaluronic acid, and antioxidants. In just 7-10 minutes, it aims to enhance skin texture and facial contours, leaving the skin feeling smooth, supple, and lifted.LAC TAUT Miracle Intensive Age-Defying SerumAn ultra-lightweight face serum enriched with premium collagen and antioxidants. This serum is designed to hydrate intensively, repair the skin barrier, and reduce the appearance of fine lines and wrinkles, promoting a more youthful complexion.This March, we invite you to reclaim your rest and restore your vitality: Sleep is not a luxury. It's your most powerful form of self-care. By integrating these products into a regular skincare regimen, alongside prioritising sufficient sleep, individuals can support their skin's natural rejuvenation processes. This combined approach addresses both external care and internal health, reflecting LAC's commitment to comprehensive wellness solutions. Copyright 2025 ACN Newswire via SeaPRwire.com.
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uSMART Securities Surges 300% in Hong Kong Local Users ACN Newswire

uSMART Securities Surges 300% in Hong Kong Local Users

HONG KONG, Mar 10, 2025 - (ACN Newswire via SeaPRwire.com) - uSmart Securities Limited (referred to as "uSMART Securities/ the Company"), strategic investments from Chow Tai Fook Holding , is pleased to announce the opening of two new branches at Lok Ma Chau MTR Station and Hong Kong West Kowloon High Speed Rail Station. Driven by the recent surge in Hong Kong stock market, during the past year, the Company’s local registered user in Hong Kong has increased by 300% compared to the same period last year. To provide a more convenient and high-quality customer experience, uSMART Securities has decided to expand its presence in Kowloon and the New Territories, catering to clients across regions and further broadening its customer base.Recently, China's "Top Ten Technology Stocks" have been performing exceptionally well, rivaling the popularity of the U.S. "Magnificent Seven," and their market valuations remain attractive, drawing significant attention from investors. This investment boom has led to a sharp rise in account opening demand at the Company with expectations of sustained momentum amid favorable market conditions. The Company aims to capitalize on this growth opportunity by simultaneously launching two new branches to strengthen its competitive edge.As the first brokerage to establish branches in MTR stations, this move represents not only an innovative breakthrough but also a significant milestone in the brand's development. To better serve customers, we have strategically chosen these two transportation hubs, which are expected to officially open in mid-2025 and operate seven days a week. Clients can access in-person consultations, account opening services, and investment advisory support, as well as investment planning. If you have any questions while using the uSMART APP, please visit the branch for hands-on assistance.West Kowloon High Speed Rail Station Branch Preliminary RenderingsTo celebrate the upcoming launch of the two new branches, uSMART Securities will introduce a special promotion in April offering 0 commissions and 0 platform fees for trading the “ATM Trio” (Tencent, Alibaba, Meituan) for all account holders. Additionally, the Company welcomes clients to suggest their favorite Hong Kong stocks for promotion offer. Based on these suggestions, we will make adjustments in the third quarter, aiming to deliver even more substantial returns for our clients.To express gratitude for the unwavering support of our valued clients, uSMART Securities is pleased to introduce a series of commission-free offerings, including:1)Invest in 100 Hong Kong Stock ETFs with 0 Commission, 0 Platform Fees* ;2)0 Commission, 0 Platform Fees, and 0 Custody Fees for U.S. and Hong Kong Monthly Investment PlanBoth new and existing clients can enjoy the offers without any hidden clauses. We have designed these promotions to cater to short-term, medium-term, and long-term investment strategies, ensuring that all uSMART Securities clients can benefit.Amid heightened global market activity, during the past year, the number of registered users at uSMART Singapore has surged eightfold year-on-year, demonstrating its robust growth momentum. Simultaneously, uSMART Capital, LLC, a wholly-owned subsidiary of uSMART Group, has officially obtained a brokerage license from the U.S. Financial Industry Regulatory Authority (FINRA), marking a significant milestone in the Group's strategic expansion into global financial markets. Looking ahead, uSMART Securities will continue to leverage technology to drive financial innovation, delivering greater value to clients worldwide.About uSmart Securities LimiteduSmart Securities Limited, a leading tech broker in Hong Kong backed by Chow Tai Fook Holdings, was founded in 2018. Over the past seven years, the Company has pioneered the integration of technology and finance, offering securities, asset management, and wealth management services. To serve global investors, uSMART has exclusively developed the financial trading platforms uSMART HK APP and uSMART SG APP, operated by uSMART Hong Kong and uSMART Singapore, respectively. The Group's APPs support diversified investment and trading services, including Hong Kong stocks, U.S. stocks, A-shares (Stock Connect), Singapore stocks, Japan stocks, U.K. stocks, U.S. options, ETFs, funds, bonds, asset management, structured notes, futures, cryptocurrencies, precious metals, gold, and forex. The Group also offers tailored services for ultra-high-net-worth individuals, families, and enterprises, providing comprehensive and integrated asset management solutions to meet diverse wealth management needs.Learn more: www.usmart.hk/enFor any media queries, please contact:Carrie Wong9788 4665carriewong@usmart.hk Copyright 2025 ACN Newswire via SeaPRwire.com.
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Twin jewellery shows attract over 82,000 global buyers ACN Newswire

Twin jewellery shows attract over 82,000 global buyers

- The Hong Kong International Jewellery Show drew to a successful close yesterday while the Hong Kong International Diamond, Gem & Pearl Show ended on Thursday- The twin shows attracted over 82,000 buyers from 141 countries and regions, illustrating Hong Kong’s international influence as a trading platform for the industry- There was an increase in the number of buyers from ASEAN, Middle East, Western Europe and North America.- An on-site survey revealed that buyers and exhibitors considered the Middle East market to hold the greatest potential for growth in the jewellery industry over the next two years- Over 40% of respondents expected overall sales to increase in the next one to two years, with more than 50% anticipating stabilityHONG KONG, Mar 9, 2025 - (ACN Newswire via SeaPRwire.com) - The 41st Hong Kong International Jewellery Show and 11th Hong Kong International Diamond, Gem & Pearl Show, organised by the Hong Kong Trade Development Council (HKTDC), attracted some 4,000 exhibitors from more than 40 countries and regions, running in the successful “two shows, two venues” format. The Jewellery Show concluded at the Hong Kong Convention and Exhibition Centre (HKCEC) yesterday while the Diamond, Gem & Pearl Show closed at AsiaWorld-Expo on Thursday. This year’s International Jewellery Show introduced the Gold Jewellery zone, showcasing unique designs and exquisitely crafted gold jewellery, and the Young Jewellery Designer Arena, highlighting the potential of emerging designers, helping the industry to capture new opportunities.The twin jewellery shows attracted over 82,000 buyers from 141 countries and regions. Among them, some 32,000 buyers from 125 countries and regions participated in the Diamond, Gem & Pearl Show, while about 51,000 buyers from 133 countries and regions attended the International Jewellery Show. There was an increase in the number of buyers from ASEAN, the Middle East, Western Europe and North America, highlighting the international appeal of the shows.Sophia Chong, Deputy Executive Director of the HKTDC, said: “As a leading global trading hub for the jewellery industry, the twin jewellery shows brought together international buyers and organised more than 30 industry seminars and activities to foster innovation and collaboration within the sector. The shows also actively promote local design and nurture the next generation of industry talents through jewellery design competitions, underscoring their impact on the global jewellery landscape and reinforcing Hong Kong's status as a world-class convention and exhibition centre."Exhibitors and buyers are most optimistic about the Middle East marketTo gain deeper insights into current and upcoming trends in the jewellery industry, the HKTDC conducted a survey among 1,434 exhibitors and buyers on-site. The results revealed that buyers and exhibitors are cautiously optimistic on the industry outlook. Key findings from the survey are as follows:Market and industry outlook 44.2% of respondents expected overall sales to increase in the next one to two years, with 50.6% anticipating stability.Respondents considered the growth prospects for jewellery products in the following target sales markets to be optimistic and very optimistic in the next two years: Middle East (76.8%), India (72.6%), Australia and Pacific Islands (67.8%), ASEAN (66.2%) and Korea (66.0%).In terms of market potential, the top markets most respondents wished to enter or develop were Europe (24.9%), ASEAN (15.2%), North America (13.4%), Middle East (11.4%) and Japan (7.9%).Looking ahead for the next three years, technological advancements in artificial intelligence (62.8%), big data (46.9%) and social media (44.6%) were anticipated to have the greatest impact on the jewellery industry.Product trendsRespondents believed that trendy fashion jewellery (61.9%), precious jewellery (39.1%) and demi fine jewellery (24.4%) have the greatest growth potential this year.Karat yellow gold (43.4%), karat white gold (37.8%) and pure gold (28.6%) will be the most popular precious metal products in 2025.Diamond (47.6%) will be the most in-demand gemstone, followed by ruby (26.2%) and emerald (19.1%).Echoing measures in the latest Government Budget, the twin jewellery shows continue exploring ways to facilitate local businesses expanding into the Mainland Chinese market and to seize e-commerce opportunities. This year, mainland e-commerce platforms Taobao and Tmall joined the International Jewellery Show the first time, helping exhibitors to enter the mainland market via live e-commerce. With 10 exhibitors and six KOLs participating, the event achieved a total reach of over 6 million people and generated sales of more than HK$50 million.Exhibitors reported sales exceeded expectationsThe twin jewellery shows are widely respected by the global industry, with happy exhibitors reporting that their sales exceeded expectations in 2025. Bringing together nine designers at the International Jewellery Show, the chairman of the Asia Jewelry Culture Design and Crafts Association in Hong Kong, Gigi Cheng, said: “We hope to connect with buyers from the Middle East through the show and explore new international markets, aiming for sales of US$1 million to $3 million.” Hong Kong exhibitor Hatta Chang, Chairman of Hatta New Company, stated that the company successfully connected to buyers from Russia, Korea and Mainland China with sales tripling compared to last year. At the Hong Kong International Diamond, Gem & Pearl Show, Carl Philip Arnoldi, CEO of German exhibitor HC Arnoldi e.K, said: “One of the show’s biggest advantages is its ability to attract manufacturers and buyers from around the globe. On the first day, we received many buyers from the Middle East and Asia. We anticipate a sales growth of 20% to 50% this year.” Another exhibitor pointed out that the shows not only connected them with major retailers in the United States, but also potential partners in emerging markets such as Indonesia, the Philippines, Vietnam, and more. He also met a lot of return buyers sourcing at the shows.Additionally, buyers from Mainland China, the Middle East, the United States and Malaysia anticipated to invest sums of up to US$1 million in sourcing at the twin jewellery shows. At the International Jewellery Show, Hunan Caidu Jewelry Trading Co., Ltd from Mainland China placed an order of more than US$400,000 for high-quality pearls from Australia. Kanz Jewels LLC from the UAE budgeted to place an order worth US$250,000. Lebanese buyer Michel Zoughaib praised the show as a one-stop platform for sourcing products with different designs, as well as jewellery technology and packaging. He came with a budget of US$1 million but, “If I can find the right supplier, I can spend up to US$15 million,” he said.David Levy, President of David Levy Diamond Inc. in the United States, stated that the shows not only enabled connections with manufacturers but also provided access to different types of businesses within the supply chain. He believed that by attending the Hong Kong twin jewellery shows, he could find everything he needed. “I expect to spend US$200,000 at the Diamond, Gem & Pearl Show and at least US$250,000 at the Jewellery Show,” he said. The sourcing dynamic of buyers from the ASEAN market was noticeably vibrant, with Tomei Gold and Jewelry Manufacturing SDN BHD from Malaysia saying it had allocated a procurement budget of US$100,000 to $200,000.Enhancing support for a Muslim-friendly sourcing experienceThis year, special measures were introduced to encourage more Muslim buyers to visit the shows, including providing prayer rooms in venues, running shuttle buses to and from local mosques, offering a list of Muslim-friendly hotels and restaurants, and cooperating with the Hong Kong Tourism Board to arrange guided tours.As a globally leading one-stop jewellery industry sourcing platform, this year's twin jewellery shows continue to adopt the EXHIBITION+ online and offline hybrid format, enabling enterprises to extend their physical exhibition negotiations to online matching platforms. The HKTDC’s AI-powered Click2Match provided online business matching for exhibitors and buyers, while buyers were able to use Scan2Match to scan exhibitors’ QR codes and continue discussions with exhibitors online during or after the show. Buyers could enhance their efficiency by completing registration and buyer verification in advance through the HKTDC Marketplace App and the official show websites.Photo download: https://bit.ly/3XyhcAcOrganised by the HKTDC, the 41st Hong Kong International Jewellery Show and 11th Hong Kong International Diamond, Gem & Pearl Show have concluded successfullyThe twin jewellery shows are widely respected by the global industry and the sourcing dynamic of buyers was noticeably vibrant this yearSalina Yan, Permanent Secretary for Financial Services and the Treasury (Financial Services) of the Hong Kong SAR Government (fifth right), was Guest of Honour at the jewellery networking reception to welcome representatives and buyers from both local and international sectors with the goal of enhancing collaboration and fostering exchange within the industryThe jewellery parades showcased cutting-edge creative designs and enhanced interaction among industry stakeholdersThe participation of Taobao and Tmall at the International Jewellery Show helped exhibitors to broaden their reach in the Mainland China marketThe International Jewellery Show introduced the Gold Jewellery zone this year, showcasing innovatively designed gold jewelleryThe twin jewellery shows featured 38 pavilions with the Asia Jewellery Culture Design and Crafts Association Limited participating for the first time. In addition, the Young Jewellery Designer Arena was unveiled at this year’s International Jewellery Show, highlighting the creativity and craftsmanship of up-and-coming designersOver 30 industry seminars and networking events were held during the twin jewellery showsWebsites Hong Kong International Jewellery ShowHong Kong International Diamond, Gem & Pearl ShowWebsitehttps://www.hktdc.com/event/hkjewellery/enhttps://www.hktdc.com/event/hkdgp/enSelected productshttps://bit.ly/4hE1ifzHKTDC Media Room: https://mediaroom.hktdc.com/enMedia enquiriesPlease contact HKTDC’s Communication & Public Affairs Department: Sharon HaTel: (852) 2584 4575Email: sharon.mt.ha@hktdc.orgSerena CheungTel: (852) 2584 4272Email: serena.hm.cheung@hktdc.orgClayton LauwTel: (852) 2584 4472Email: clayton.y.lawuw@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. Copyright 2025 ACN Newswire via SeaPRwire.com.
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uSMART Securities Initiates Coverage on NAAS Technology with a ‘Buy’ Rating and a Target Price of US$3.2 per ADS, Citing Industry Leadership and Profitability Outlook

HONG KONG, Mar 7, 2025 - (ACN Newswire via SeaPRwire.com) - uSMART Securities recently initiated coverage on NAAS Technology Inc. (NASDAQ: NAAS) with a “Buy”rating, setting a target price of US$3.20 per ADS, compared to the current trading price of US$1.15 per ADS as of March 7, 2025. The firm’s investment thesis is driven by the following key factors:1. Industry Leadership in the EV Charging PlatformNAAS is a leading electric vehicle (EV) charging platform in China, boasting a strong market presence in both network scale and user base. As of Q3 2024, the company had connected approximately 100,000 charging stations and 1.15 million chargers, accounting for 35% of the total public chargers in China. its platform served approximately 14 million transaction users, covering 50% of the country’s EV owners. In Q3 alone, NaaS facilitated 1.3 billion kWh of charging volume and 50 million transactions. With its robust supply and demand integration, uSMART Securities expects NaaS to further enhance network efficiency and maintain its market leadership.2. Profitability Breakthrough through an Asset-Light Business ModelNAAS’s strategic focus on asset-light, platform-based business model is accelerating the path to profitability. In 2024, the company shifted its focus to platform-based charging interconnectivity services, leading in substantial margin growth. Gross profit margin surged from 19% in 4Q 2023 to 57% in 3Q 2024, while non-IFRS net profit margin improved dramatically from -525% to 46% over the same period. This accelerated NAAS’ path to profitability ahead of schedule. Looking ahead, as economies of scale continue to expand, NAAS is expected to further improve its financial performance, transitioning from a cash-burning startup into a fundamentally driven growth company.3. AI- Driven Data Monetization OpportunitiesNAAS is uniquely positioned to capitalize on data monetization in the AI era. With 35% of public chargers and 50% of EV users in China, the company has developed the NAAS Energy Fintech (NEF) system, leveraging proprietary AI algorithms to explore potential opportunities:- Dynamic Pricing: Adjusts service fees in real-time based on demand and electricity prices, enhancing price elasticity and increasing customer retention.- Intelligent Asset Management: Uses AI-driven site selection and real-time monitoring to improve charging station efficiency and utilization.- Grid Load Balancing: Supports governments and regulators in peak shaving and demand responseWith China's EV adoption accelerating into 2025, NAAS is poised to further explore commercialization opportunities in these areas.4. Attractive Valuation Amid Sustainable ProfitabilityNaaS presents a compelling valuation, particularly as it approaches full-year break-even in 2025. This shift in profitability allows for a transition in valuation methodology from a startup-focused P/S ratio to a broader mix of P/S, PEG, and P/E multiples. Based on projected 2025 revenue of RMB 229 million and a 1.4x P/S ratio aligned with US-listed peer companies, uSMART Securities gives NAAS a “Buy” with a target price of US$3.20 per ADS. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Everest Medicines Hits Three-Year High as AI+mRNA Pipeline Reshapes Valuation

HONG KONG, Mar 7, 2025 - (ACN Newswire via SeaPRwire.com) - Everest Medicines' stock (1952.HK) surged today, opening higher and maintaining strong momentum throughout the trading day. By market close, the stock had risen 20.12% to HK$60.6, bringing the company's total market capitalization to HK$19.791 billion. This marks its highest level in nearly three and a half years since September 28, 2021, while also successfully surpassing its 2020 IPO issue price of HK$55, reflecting strong investor confidence in its AI-based mRNA platform, dual-engine strategy, and future commercialization prospects.According to the latest updates, Everest Medicines announced yesterday that the first patient has been dosed with the Company’s internally developed personalized mRNA cancer vaccine EVM16 at Peking University Cancer Hospital as part of an investigator-initiated clinical trial (IIT). Following this announcement, the company held an Investor Calls, where it provided detailed insights into its AI-based mRNA platform and pipeline advancements, highlighting progress in neoantigen prediction, vaccine development, and future commercialization strategies.Governments worldwide continue to support mRNA-based oncology research, with leading biopharmaceutical companies such as BioNTech and Moderna achieving breakthroughs in personalized cancer vaccines. Over the next one to two years, several key milestones are expected, particularly in melanoma, pancreatic cancer, and other high-mortality cancers, further reinforcing the therapeutic potential of mRNA-driven oncology treatments.Everest Medicines has established a fully integrated and clinically validated mRNA platform, encompassing antigen design, mRNA sequence optimization, LNP delivery system, and GMP production capabilities. The company holds global rights to its platform and pipeline, which is structured around four key areas: personalized cancer vaccines (PCV), tumor-associated antigen (TAA) vaccines, immune-modulatory cancer vaccines, and in vivo CAR-T therapies. With a comprehensive and differentiated portfolio, Everest Medicines is well-positioned in the rapidly evolving mRNA therapeutic landscape.The success of personalized cancer vaccines depends on the ability to identify the most immunogenic tumor mutations among thousands of genetic alterations. Everest Medicine’s proprietary machine learning based neoantigen prediction algorithm (EVER-NEO-1), uses advanced deep learning technology to precisely select highly immunogenic peptide sequences, optimizing them for mRNA vaccine design.Independent validation has shown that EVER-NEO-1’s neoantigen prediction capability meets or exceeds industry-leading standards. In head-to-head comparisons with MSKCC, a globally recognized neoantigen prediction algorithm, Everest’s model demonstrated superior performance in identifying a broader range of highly immunogenic tumor neoantigens.In preclinical studies, EVM16 demonstrated significant tumor growth inhibition in syngeneic mouse model, with repeated dosing showing favorable safety and tolerability. Preclinical data also showed a synergistic anti-tumor effect when EVM16 was combined with a PD-1 antibody, supporting its potential use in combination therapies in clinical settings.Additionally, Everest is advancing EVM14, its off-the-shelf TAA cancer vaccine, which has achieved key regulatory milestones. The company will submit an investigational new drug application for its TAA vaccines in China and the United States in 2025. One of EVM14’s key advantages is its ability to induce long-term immune memory and prevent tumor recurrence. In preclinical studies, 13 out of 15 mice treated with EVM14 experienced complete tumor regression, with no tumor regrowth even after re-exposure to tumor cells. Additionally, EVM14 has shown enhanced anti-tumor efficacy when combined with PD-1 inhibitors, further supporting its clinical potential.Everest’s mRNA platform extends beyond oncology, with the company advancing immune-modulatory cancer vaccines and in vivo CAR-T therapies. The in vivo CAR-T program, leveraging mRNA/tLNP technology, has successfully achieved T cell transfection and CAR expression in non-human primate models. Compared to conventional CAR-T therapies, Everest’s in vivo CAR-T offers significant advantages, including lower production costs, enhanced safety, no need for lymphodepletion, and potential for outpatient treatment administration. Early data also suggests promising applications in refractory systemic lupus erythematosus (SLE), demonstrating its broader therapeutic potential.Speaking at today’ s Investor Calls, Rogers Yongqing Luo, Chief Executive Officer of Everest Medicines, stated: "Everest Medicines has successfully transitioned from a license-in-driven model to a dual-engine strategy. The establishment of our proprietary mRNA platform marks a significant milestone, strengthening our in-house R&D capabilities and serving as a key driver of future growth. At the same time, we are accelerating the commercialization of our core products and remain committed to achieving our strategic goal of exceeding RMB 10 billion by 2030. Everest Medicines is poised to unlock even greater long-term value and advance toward the forefront of global biopharmaceutical innovation."From a capital markets perspective, Everest Medicines’ AI-based mRNA platform integrates cutting-edge antigen selection, mRNA sequence optimization, and industrial-scale production capabilities, positioning it as a strong player in the global mRNA therapeutics space. Everest Medicines is the first biopharmaceutical company in China to advance an AI-based personalized mRNA cancer vaccine into the clinical stage. BOCOM International has recognized Everest Medicines as a key innovator in mRNA cancer therapeutics, highlighting its strong pipeline catalysts, significant revenue potential, and substantial valuation upside. Everest is well-positioned to strengthen its leadership in AI-enabled mRNA innovation and drive new global collaborations in the biopharmaceutical sector. Copyright 2025 ACN Newswire via SeaPRwire.com.
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OrbusNeich Achieves Fourth Consecutive Year of Revenue Growth with Record High Revenue of US$164.1 Million and Net Profit of US$39.7 Million ACN Newswire

OrbusNeich Achieves Fourth Consecutive Year of Revenue Growth with Record High Revenue of US$164.1 Million and Net Profit of US$39.7 Million

Results Highlights:- Revenue hit record high of US$164.1 million, up 6.6% year-on-year.- Sales volume reached 1.7 million units, of which 1.5 million units were proprietary products, showing an increase of 4.8% year-on-year.- Gross profit increased by 7.5% to US$114.5 million, with gross profit margin improving to 69.8%; profit for the year attributable to owners of the Company was US$39.7 million.- The Board proposed a final dividend of HK10 cents per share, representing a dividend payout ratio of 26.7%.- The Group maintained a sound financial position with cash and bank balances of US$248.6 million at year-end to support merger and acquisition initiatives.- Fueled by newly acquired distributors in Indonesia and South Korea, along with organic growth in direct sales, APAC market revenue grew 43.7% year-on-year, while the US and the PRC markets showed signs of recovery in the second half of 2024.- The Group registered products of eucatech AG, a German company acquired in November 2023, in the Czech Republic, Italy, Malaysia, Saudi Arabia, Spain, Switzerland, UAE, and Vietnam.HONG KONG, Mar 7, 2025 - (ACN Newswire via SeaPRwire.com) - OrbusNeich Medical Group Holdings Limited (“OrbusNeich” or the “Group”; stock code: 6929), a major global medical device manufacturer specializing in interventional devices for percutaneous coronary intervention (“PCI”) and percutaneous transluminal angioplasty (“PTA”) procedures, today announced its annual results for the year ended December 31, 2024 (the “Year”), reporting record-high revenue and healthy net profit despite the challenging business landscape.Driven by the recovery of sales in the US and continued growth in the APAC market in the second half of the year, the Group’s revenue reached US$164.1 million, an increase of 6.6% over the previous year. Excluding the impact of foreign exchange, revenue growth would have been 8.7% year-on-year. Gross profit increased by 7.5% to US$114.5 million, and gross profit margin rose slightly to 69.8%. During the Year, the Group laid the groundwork for stronger long-term performance by integrating the businesses of the three companies acquired in late 2023. Although these integration efforts incurred temporary costs, resulting in a profit of US$39.7 million attributable to the owners of the Company (2023: US$45.1 million), they are expected to generate substantial synergies in the future. Excluding the abovementioned additional expenses, the three core operating expenses, namely selling and distribution expenses, general and administrative expenses and research and development expenses, were remained stable year-on-year.As of December 31, 2024, the Group was in a strong financial position with cash and bank balances amounting to US$248.6 million (2023: US$255.8 million). After careful consideration of the Group’s future capital requirements, the Board has proposed a final cash dividend of HK10 cents per share (2023: HK10 cents per share) as a token of appreciation for the continued support from shareholders and investors.Mr. David Chien, Chairman, Executive Director and Chief Executive Officer of OrbusNeich, said, “In 2024, the OrbusNeich team navigated challenges while diligently strengthening R&D, production, supply chain, clinical, regulatory, quality, sales, and marketing capabilities. The immediate contributions of our newly acquired distributors in Indonesia and South Korea bolstered our APAC market performance. Meanwhile, our focus on product registration for eucatech AG, has resulted in approvals in eight countries, with more on the horizon. As we celebrate OrbusNeich’s 25th anniversary in 2025, our relentless innovation, strong global presence and pioneering products will continue to propel us to new heights, as evidenced by our established global reputation and continued revenue growth over the past few years. Looking ahead, we remain committed to improving patient outcomes while striving to create long-term value for shareholders.”Extensive Sales Network Fuels Growth in APAC and EMEAOrbusNeich sold its products through its extensive sales network covering more than 70 countries and regions worldwide, and maintained a balanced revenue distribution across major markets. Driven by external growth from newly acquired distributors in Indonesia and South Korea, as well as robust organic growth from the markets in Malaysia, Singapore, Hong Kong, Vietnam, and India, the APAC market became the Group’s major growth driver during the Year, with revenue increasing by 43.7% to US$52.2 million. In particular, the latest generation of scoring balloon, Scoreflex TRIO, recorded rapid sales growth following its launch in Malaysia in early 2024. EMEA market revenue grew by 7.9% year-on-year to $39.2 million, mainly attributable to increased sales of the Group’s proprietary balloon products in direct sales markets such as Germany and Spain, as well as in distribution markets such as the Czech Republic, Slovakia, and the United Kingdom.Both the PRC and the US markets achieved significant improvement in the second half of 2024. As the Beijing-Tianjin-Hebei “3+N” Alliance Volume-Based Procurement (“VBP”) was gradually rolled out in various provinces, the Group adopted a more proactive marketing strategy, which resulted in Scoreflex’s sales volume gaining momentum, facilitating an improvement in the performance of the PRC market in the second half of the year, reaching a revenue of US$20.7 million. Meanwhile, following active discussions with Abbott, the Group’s US distributor, revenue in the US gradually picked up. In particular, the sales volume of the high selling price product, Scoreflex NC, more than tripled in the second half of the year compared with the first half, driving the revenue of the US market to reach US$17.5 million. The Japan market recorded revenue of US34.4 million.Diversity in Innovation with a Portfolio of Approved Products and Upcoming Clinical TrialsAs of December 31, 2024, OrbusNeich had more than 240 granted patents and published patent applications worldwide in key jurisdictions and an aggregate of more than 50 approved products. During 2024, the Group made significant progress in terms of product registrations and clinical trials, including:- Obtained NMPA approval for Teleport Neuro, FDA approval for Teleport XT, JADE PLUS 14/18/35 OTW, Sapphire Ultra and Sapphire NC Ultra, and CE Marks for Sapphire Ultra, Sapphire NC Ultra, Xtenza and Teleport XT;- Submitted NMPA registration application for its guiding catheter and Jade PTA Line Extension, and PMDA registration application for Scoreflex QUAD and Teleport Glide;- Completed clinical trial patient enrollment for Scoreflex TRIO in the PRC with NMPA application submission in January 2025;- Initiated clinical trial patient enrollment for Sapphire 3 in the US in Q4 2024, with approval application expected to submitted in Q1 2026.The Group has also been actively registering eucaLimus (DES), Support C (coronary DCB), and VITUS (peripheral DCB) in various countries following the acquisition of eucatech AG in late 2023. Registrations for one or more of the above-mentioned products were completed in the Czech Republic, Italy, Malaysia, SaudiArabia, Spain, Switzerland, the UAE, and Vietnam, while applications are pending approval in Hong Kong, Indonesia, and Singapore. Additionally, to renew the CE Mark for its products under the MDR regime, clinical registries have been initiated with renowned key opinion leader clinicians as lead principal investigators.The Group continued to invest in new pipeline products such as the aspiration catheter, dual lumen catheter, peripheral scoring balloon and sheath, and registration of these products is expected to be submitted to various regulatory bodies in 2025. In line with the “leave nothing behind” trend, the Group is also investing in proprietary paclitaxel DCB, with clinical trials expected to commence in the fourth quarter of 2025 in Japan.During the year, the joint venture OrbusNeich P&F made significant efforts to advance the clinical studies of TricValve in two major APAC markets. The clinical trial in the PRC started in April 2024, while the PMDA clinical trial protocol approval in Japan is expected to be completed by the end of 2025.In addition to proprietary products, the Group also entered into a distribution agreement with a Chinese manufacturer to distribute its intravascular ultrasound (IVUS) catheter in Hong Kong and Macau from December 2024, thereby diversifying its product offerings.Exceptional Product Quality Ensured through Stringent Production ProcessesAs of December 2024, OrbusNeich’s annual production capacity reached approximately 2.0 million units of balloons and 60,000 units of stents, with product quality ensured by a strict management system and maintaining ISO 13485 certification. Notably, eucatech AG successfully passed its ISO 13485 re-certification audit in the latter half of 2024, while the Shenzhen site achieved ISO 14001 and ISO 45001 certifications in June 2024, highlighting its commitment to sustainability.In addition, the construction of the Group’s largest R&D and production facility in Hangzhou, PRC, progressed smoothly during the Year. The Group is currently focusing on enhancing its automation levels to reduce labor requirements, improve operational efficiency, and ultimately lower overall operating costs. The facility is expected to be operational in 2027 and will add an annual production capacity of 2.4 million units upon the commencement of production.Mr. Chien concluded, “Entering 2025, we are cautiously optimistic about our prospects given the strong growth momentum in APAC and EMEA, as well as the recovering US and PRC markets. Over the past 25 years, our success has been fueled by continuous innovation, product line expansion and a strengthened sales network. These efforts, together with the synergies from the integration of our acquired businesses, will position us well to capitalize on the opportunities that lie ahead. With robust financial resources, we are able to take advantage of industry consolidation for strategic mergers and acquisitions to enhance our technological reserves and expand our product portfolio. To maintain our steady growth in the medical device market, we will place greater emphasis on sustainable development to adapt to the evolving healthcare landscape while staying true to our mission of improving patient outcomes.”About OrbusNeich Medical Group Holdings LimitedOrbusNeich is a major global medical device manufacturer specializing in interventional devices for percutaneous coronary intervention (PCI) and percutaneous transluminal angioplasty (PTA) procedures. Headquartered in Hong Kong, China, our Group sells its products in more than 70 countries and regions worldwide. It is also actively expanding into neuro vascular intervention and structural heart disease. With an in-house R&D team boasting over 20 years of product development expertise, our Group has developed world-leading proprietary technologies.For more information, please visit the Group’s official website: https://orbusneich.com/. Copyright 2025 ACN Newswire via SeaPRwire.com.
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