CALB (3931.HK) Included in the Hang Seng Composite Index ACN Newswire

CALB (3931.HK) Included in the Hang Seng Composite Index

HONG KONG, Feb 23, 2025 - (ACN Newswire via SeaPRwire.com) - CALB Group Co., Ltd.("CALB" or "the Company," stock code: 3931.HK) announced that it has been included in the Hang Seng Composite Index as of February 21, 2025, with effect from March 10, 2025.The Hang Seng Composite Index is a benchmark index for the Hong Kong stock market, representing the largest and most liquid companies in the market. CALB's inclusion in the index means the Company has met the criteria for inclusion in the Hong Kong Stock Connect trading program. This cross-border trading mechanism between mainland China and Hong Kong promotes the opening and cooperation of the two capital markets, offering global investors more opportunities. As a frontrunner in the battery industry, CALB's inclusion will attract more investors from both mainland China and overseas, enhancing stock liquidity and potentially diversifying its shareholder base.As a leading international new energy technology enterprise, CALB is committed to driving energy transformation and technological innovation, with the mission of "achieving greatness through win-win cooperation, and benefiting mankind for a better world." Leveraging its strong technological R&D capabilities and innovative potential, the Company focuses on multiple applications related to E-transformation, including electric vehicles (EVs) and energy storage systems (ESS). In 2024, CALB's installed capacity of EV batteries firmly ranked the second place among the third-party EV battery enterprises in China and third globally. In the energy storage market, the Company, in collaboration with Sungrow, secured the world’s largest energy storage battery order in 2024, earning high recognition from strategic customers for its products and delivery capabilities. In the marine market, the Company partnered with several well-known enterprises to promote the operation of the world's first-of-its-kind 10,000-ton pure electric container ship. CALB continues to innovate, supporting the "carbon peaking and carbon neutrality" goals, and actively explores battery recycling and reuse to foster the development of the circular economy. The Company strives to establish a battery full life cycle management system in the new energy industry, meeting the growing market demand for sustainable and environmentally friendly solutions.CALB stated that inclusion in the Hang Seng Composite Index will open more capital market opportunities, facilitate its inclusion in the Hong Kong Stock Connect program, accelerate its internationalization, expand global influence, and enhance long-term shareholder value. This milestone not only supports the Company's growth but also provides additional capital to drive breakthroughs in the global new energy market.About CALBCALB is a new energy enterprise specializing in the research, production, sales, and market application development of lithium batteries, battery management systems, and related integrated products and lithium battery materials. As Battery Expert, we aim to build a comprehensive energy operation system, to provide complete product solutions and full life-cycle management for the new energy application market, represented by power and energy storage.Currently, CALB has completed an all-round layout in domestic by setting up industrial bases in Changzhou, Xiamen, Wuhan, Chengdu, Hefei, Jiangmen and Meishan. Meanwhile, CALB has set up bases in Europe and ASEAN, vigorously expanding the layout all over the world to become a global leading enterprise with large-scale intelligent manufacturing capabilities. Copyright 2025 ACN Newswire via SeaPRwire.com.
More
Yashaa Global Capital Secures Financial Services Permission to Establish a Global Sports VC Fund ACN Newswire

Yashaa Global Capital Secures Financial Services Permission to Establish a Global Sports VC Fund

ABU DHABI, UAE, Feb 21, 2025 - (ACN Newswire via SeaPRwire.com) - Yashaa Global Capital, a venture capital fund dedicated to Sports, has received the Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of ADGM, Abu Dhabi’s leading international financial centre. This significant milestone marks the fund’s official establishment in ADGM, positioning Yashaa Global Capital as a catalyst for driving global investments in the rapidly evolving sports sector.The fund, a unique initiative, helmed by General Partners Shikhar Dhawan, Mohammed Sirajuddin, Arif Padaria and Dr. Victor Tay, combines a pedigreed investment team with elite athletes. This collaboration leverages their expertise and extensive networks in the sports ecosystem, aiming to provide unparalleled value to portfolio companies through mentorship, strategic partnerships, and growth opportunities. Previously known as Da One Global Ventures, the fund has been rebranded to reflect its global ambitions and sharpened focus on innovation and wealth generation.Headquartered in Abu Dhabi, Yashaa Global Capital has a targeted $75M corpus (including a $25M greenshoe option), and is set to deploy capital globally across SportsTech, Fitness & Wellness, Esports & Gaming, MediaTech, Leagues & Teams. Leveraging ADGM’s status as a premier financial hub, the athlete-backed fund bridges global investors, startups, and sports entrepreneurs, fostering innovation and scalability. Its unique network ensures that its portfolio companies gain strategic insights and connections, delivering exceptional value to all stakeholders.Shikhar Dhawan, General Partner at Yashaa Global Capital, commented, "ADGM’s stable regulatory environment and strategic location at Capital of Capital Abu Dhabi, make it the perfect base for our fund. This is an exciting opportunity to create a global impact and contribute to the evolving landscape of sports entrepreneurship. With ADGM’s support, we are confident in creating a platform that not only nurtures groundbreaking startups but also delivers meaningful value to our investors globally."Mohammed Sirajuddin, General Partner at Yashaa Global Capital, expressed his vision for the fund, "Business of Sports is at a transformative stage, becoming increasingly globalized, institutionalized, and technology-driven. With a unique team blending deep industry expertise, strong networks, and proven investment experience, we aim to bridge the gap in the Asian market, where sports-focused funds are limited. As a global fund with a strong Asia focus, we are dedicated to empowering visionary businesses shaping the future of sports and delivering exceptional value to founders, investors, and the broader ecosystem."“I am proud to be associated with this visionary global fund. As a sports ecosystem VC originating from the GCC region, it has the potential to reshape the business of sports, esports, and gaming investments worldwide. I look forward to supporting entrepreneurs on and off the field”, said AB de Villiers.ADGM, recognized worldwide as a stable financial hub, provides a robust platform for venture funds like Yashaa Global Capital to thrive. Its dedication to fostering financial innovation and entrepreneurship underpins Yashaa’s strategic vision.Arvind Ramamurthy, Chief of Market Development at ADGM, commented: “We are proud to support Yashaa Global Capital as they establish their presence in ADGM and launch a groundbreaking venture capital fund focused on the rapidly evolving sports sector. This milestone reflects ADGM’s commitment to fostering innovative and transformative industries while providing a robust and progressive regulatory environment.”About Yashaa Global CapitalYashaa Global Capital is a global multi-stage venture capital fund investing in transformative startups across the Business of Sports, New Age Media, and the Future of Sports & Human Performance. With its establishment in ADGM, and backing from leading athletes like Shikhar Dhawan, the fund is positioned to pioneer innovation in sports and gaming, fostering growth for startups and delivering robust returns for investors worldwide. This announcement marks the beginning of Yashaa Global Capital’s journey to redefine the sports and esports investing landscape, with a commitment to building a sustainable ecosystem for global entrepreneurs and stakeholders. Learn more at https://yashaa.vc/.For any communication and media engagements please contact:contact@yashaa.vc Copyright 2025 ACN Newswire via SeaPRwire.com.
More
AsiaMedic and Sunway launch new Medical Diagnostic Imaging Centre in Novena ACN Newswire

AsiaMedic and Sunway launch new Medical Diagnostic Imaging Centre in Novena

SINGAPORE, Feb 22, 2025 - (ACN Newswire via SeaPRwire.com) - SGX Catalist-listed AsiaMedic Limited (the “Company” and together with its subsidiaries, the “Group”) and Sunway Equity Holdings Pte. Ltd. (“SEH”), a wholly- owned subsidiary of Malaysian conglomerate Sunway Group, have officially launched AsiaMedic Sunway Imaging, a new medical diagnostics imaging centre at Royal Square in Novena, marking a significant expansion in the Group’s medical diagnostic imaging capacity.(L-R) Mr Arifin Kwek, Chief Executive Officer, AsiaMedic Limited, Datin Paduka Sarena Cheah, Deputy Executive Chairman, Sunway Group, Ms Joyce Tan, Chief Financial Officer, Sunway Group, and Mr Charles Wang, Non-Executive Chairman, AsiaMedic Limited, at the Grand Opening of AsiaMedic Sunway Imaging Centre on 21 February 2025Spanning close to 6,000 sqft and equipped with advanced medical imaging equipment, the centre offers a comprehensive range of diagnostic imaging services, including computed tomography (CT) and magnetic resonance imaging (MRI), with a special focus on sub-specialised fields of radiology supported by a team of experienced radiologists.These advanced diagnostic imaging technologies and equipment incorporated at the new centre mirror the high standards set at AsiaMedic’s flagship Orchard Road Centre and aim to provide the best care for its patients. They include:3T MRI – The SIGNA™ Hero is an advanced MRI scanner with twice the field strength (3.0 Tesla) of most conventional MRI scanners (1.5 Tesla). It allows for fast scans, more detail, clearer images and more accurate diagnoses. It also features a wide bore and blanket-like coils for improved patient comfort.CT Scanner – The Revolution™ Apex Elite features the latest in CT technology, delivering high- resolution images of coronary vessels while utilising low-dose radiation. Its unique motion correction technology ensures clear results, even in complex patients or patients with high heart rates.General Imaging – A full suite of general imaging services, including mammography, ultrasound and X-ray, which provide precise diagnostics for comprehensive patient care.Strategically located in the heart of Singapore’s premier medical hub at Novena, the new centre also provides great accessibility and an enhanced patient experience to address growing demands from clinics, hospitals and other healthcare providers.Strategic PartnershipThe launch of AsiaMedic Sunway Imaging represents a milestone collaboration between AMC Healthcare Pte. Ltd., the Group’s wholly-owned subsidiary, and SEH, a wholly-owned subsidiary of Sunway Group – one of Southeast Asia’s leading conglomerates that also encompasses Malaysia’s largest integrated private healthcare group.Mr Arifin Kwek, Chief Executive Officer of AsiaMedic Limited, said, “The launch of AsiaMedic Sunway Imaging reflects our mission to detect early illnesses to achieve positive experiences and clinical outcomes for our patients through advanced diagnostic imaging. The centre will greatly complement the Group’s existing integrated medical centre at Orchard Road and enable us to serve more patients while providing our valued doctor partners with streamlined access to diagnostic services and radiological consultation.”Ms Sarena Cheah, Deputy Executive Chairman of Sunway Group, said, “At Sunway, we focus on shaping the future of healthcare and continue to set new benchmarks for holistic and comprehensive medical care. The AsiaMedic Sunway Imaging centre represents a key step in bringing Sunway’s integrated healthcare expertise to regional and international markets. Together with AsiaMedic, we look forward to providing top-notch diagnostic imaging services and enhancing the patient experience.”Commitment to InnovationAsiaMedic will continue to invest in the latest technology to enhance the patient experience and maintain its position as a preferred provider of diagnostic imaging radiology services. The launch of AsiaMedic Sunway Imaging nearly doubles the Group’s diagnostic imaging capacity and represents another milestone in the Group’s growth strategy. With the expanded capacity and enhanced capabilities, the Group is well-positioned to capture growing opportunities in Singapore’s specialist healthcare services sector while delivering value to shareholders.In the same vein, Sunway will continue to deliver top-tier healthcare, advancing innovation and continuing to expand its services in the healthcare industry. Its flagship 810-bedded quaternary hospital Sunway Medical Centre in Kuala Lumpur, which is ranked among the top 250 hospitals in the world by Newsweek in 2024 and triple accredited by Joint Commission International (JCI), the Australian Council on Healthcare Standards (ACHS), and the Malaysian Society for Quality in Health (MSQH), also remains committed to using cutting-edge technology to enhance patient care. Besides Sunway Medical Centre, Sunway also owns and manages three more tertiary hospitals with a combined capacity of about 1500 licensed beds.About AsiaMedic LimitedAsiaMedic Limited together with its subsidiaries (“AsiaMedic” or the “Group”) is a leading healthcare provider in Singapore which provides holistic solutions through integrated application of the latest medical technologies to detect early illnesses to achieve positive experiences and clinical outcomes for patients.The Group is committed to helping clients through practical and personalised solutions delivered with the highest professional standards of service and expertise in a timely, safe and consistent manner.With convenient locations at Orchard and Novena, AsiaMedic is a preferred one-stop centre for:Diagnostic imaging and radiology servicesMedical wellness and health screening servicesPrimary healthcare servicesMedical aesthetic services and productsFor more information, please visit www.asiamedic.com.sgAbout Sunway GroupEstablished in 1974, Sunway Group is one of Southeast Asia’s leading conglomerates with 13 business divisions across more than 50 locations primarily in Asia. Its 16,000-strong team is committed to sustainable development and socio-economic progress through diverse businesses including core interests in real estate, construction, education, healthcare, retail, leisure, and hospitality.Sunway is committed to advancing the United Nations Sustainable Development Goals and continues to align them with our Environmental, Social, and Governance (ESG) targets as part of its corporate strategy and social responsibility toward driving the group's long-term success and deepening our commitment to nation-building.For more information, please visit www.sunway.com.myFor media and analysts’ queries, please contact:Waterbrooks ConsultantsWayne KooT: (65) 9338 8166E: wayne.koo@waterbrooks.com.sgSunway SingaporeLyna HanisT: (65) 9139 0572E: lynahmz@sunway.com.my Copyright 2025 ACN Newswire via SeaPRwire.com.
More
Four HK designer labels shine at London Fashion Week ACN Newswire

Four HK designer labels shine at London Fashion Week

HONG KONG, Feb 21, 2025 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) proudly led four Hong Kong fashion labels to showcase their Autumn/Winter 2025 collections at the Fashion Hong Kong Runway Show during London Fashion Week. Supported by the Hong Kong Economic and Trade Office in London, the runway show was held in Shoreditch, a vibrant cultural and arts hub in East London, last night (20 February). The event attracted more than 380 UK and international buyers, media and fashion enthusiasts, giving Hong Kong’s dynamic fashion industry a further boost on the global stage.A strong line-up of local fashion designers captivated the audience at this year's highly anticipated Hong Kong fashion showcase. The event featured the creative talents of Angus Tsui (brand name: ANGUS TSUI), Bettie Jiang (brand name: Bettie Haute Couture), Rickyy Wong (brand name: RICKYYWONG) and Nathan Moy (brand name: Z I D I). The designers' collections celebrated the unique diversity and creativity of Hong Kong’s fashion scene with a harmonious blend of sustainability, futurism, modern urban flair and cultural richness.The Fashion Hong Kong show received overwhelming support from the local fashion industry, with Eyal Booker, a well-known model, Jonathan Vine, a highly regarded stylist and creative consultant, emerging model Yasmin Sweegers and buyers from Selfridges among those in attendance. The importance of the event was underscored by the presence of major fashion media outlets, with Wallpaper, Dazed Korea, Marie Claire, ELLE, Forbes and Numero all sending representatives to cover the occasion. The show facilitated a successful exchange between the Hong Kong and British fashion industries and helped to enhance global awareness of Hong Kong fashion brands.Showroom creates business opportunities for Hong Kong fashion brandsFor this year’s show, Fashion Hong Kong also launched creative crossover activities aimed at promoting the city’s fashion scene from multiple perspectives. Renowned Hong Kong neon artist Jive Lau (brand name: KowloNeon) crafted custom neon light installations that captured the essence of Hong Kong’s street culture at the showcase venue, offering international audiences a glimpse of the city's unique intangible cultural heritage. The event also collaborated with Noiseless, a Hong Kong design team that has won multiple international design awards, to design a mobile guide for the show that promoted the city’s designer brands.To further promote Hong Kong's vibrant fashion scene and foster international business partnerships, the HKTDC has set up a showroom at The Pop Group in Shoreditch, London, that opens today and runs until 21 March. The showroom will provide a platform for Hong Kong fashion brands to engage with fashion media, professional buyers and stylists through arranged matchmaking meetings, creating opportunities for collaboration and partnership expansion.Fashion Hong Kong Pop-up Salon debuts in Milan this MarchFashion Hong Kong has been actively promoting Hong Kong’s diverse designer brands on the global stage since 2015 with a footprint that includes fashion hubs such as New York, London, Paris, Copenhagen, Tokyo, Seoul and Shanghai. In 2024, Fashion Hong Kong made significant strides by hosting a pop-up store in Paris and conducting promotional activities covering the markets of Japan, Thailand and Mainland China, supporting the continuing expansion of Hong Kong’s fashion industry into mainland and overseas markets.Following the showcase at London Fashion Week, the HKTDC will debut in Milan with the "Fashion Hong Kong Pop-up Salon" this March. The installation will feature an eye-catching selection of creations from 15 Hong Kong designer brands, covering fashion, accessories, footwear and lifestyle products. The pop-up will also feature the latest collections from the four Hong Kong fashion designer labels that stood out on the London Fashion Week stage. The Milan initiative aims to help designers enhance their brand recognition and seize new business opportunities in the important European market.Photo download: https://bit.ly/3EGSDdLThe Fashion Hong Kong runway show took place in the cultural and arts hub of Shoreditch in East London on 20 February, attracting more than 380 UK and international buyers, media and fashion enthusiasts.The event featured the creative talents of Angus Tsui (third from left)(brand name: ANGUS TSUI), Nathan Moy (fifth from left)(brand name: Z I D I), Bettie Jiang (fifth from right)(brand name: Bettie Haute Couture) and Rickyy Wong (third from right)(brand name: RICKYYWONG).Renowned Hong Kong neon artist Jive Lau (brand name: KowloNeon) crafted custom neon light installations capturing the essence of Hong Kong street culture for the showcase venue. The collaboration offered international audiences a glimpse of the city's unique intangible cultural heritage.Fashion Hong Kong designer labels at London Fashion Week AW25Photo download: https://bit.ly/413BNgYAngus TsuiBrand: ANGUS TSUIDesigner and brand profileEstablished in 2014, Angus Tsui’s eponymous label combines experimental aesthetics with sustainable practices, pushing the boundaries of design innovation. From collaborating with global brands such as H&M to creating educational initiatives, Tsui continues to lead the charge for a more ethical and imaginative future in fashion. Autumn/Winter 2025 Collection: GIGER Vol.2The AW25 experimental collection continues paying tribute to the brand’s biggest influence, Swiss artist HR Giger, with iconic biomechanical design elements. The collection explores themes of futurism and sustainability through complex pattern cutting, pleating techniques and experimental fabrications. It demonstrates the designer’s vision of future reality through the combination of organic exoskeleton constructions, otherworldly colour combinations and unique textile designs, creating a morphing and experimental collection that is a tribute to Giger's legacy and a celebration of limitless creativity and sustainable innovation. Bettie JiangBrand: Bettie Haute CoutureDesigner and brand profileBettie Jiang studied fashion design and surface textiles at the London College of Fashion in the University of the Arts London. She has comprehensive knowledge of fabrics and concept-interpretation skills that she always honours in the salient details of fabric in her collections. Founded in 2017, her brand Bettie Haute Couture is dedicated to creating innovative, sustainable and elegant fashion that blends traditional craftsmanship with contemporary design. Known for her commitment to zero-waste practices and unique tailoring, Bettie continues to redefine modern sophistication.Autumn/Winter 2025 Collection: Bauhaus Reverie: Contemporary EleganceInspired by the iconic Bauhaus movement, Bettie’s AW25 collection captures the essence of simplicity, functionality and artistic ingenuity. By integrating geometric patterns, earthy tones and sustainable materials, the collection reimagines timeless design principles for the contemporary wardrobe. Rickyy WongBrand: RICKYYWONGDesigner and brand profile:Founded by Rickyy Wong, the studio blends cultural heritage with contemporary design. Rooted in sustainable practices, Rickyy Wong Studio is celebrated for its unique aesthetic that unites eastern and western influences, pushing the boundaries of urban fashion.Autumn/Winter 2025 Collection: ODYSSEYODYSSEY is a personal exploration of cultural diversity and urban energy. The collection consists of innovative textiles such as waxed cotton for durability and luxurious alpaca wool for warmth; signature urban aesthetics such as structured bomber jackets and modern blazers; and sustainability at the core. Nathan MoyBrand: Z I D IDesigner and brand profile:Founded by Nathan Moy, a former designer for Maison Margiela and Louis Vuitton, Z I D I is a forward-thinking brand that blends avant-garde aesthetics with sustainable practices. Known for its asymmetric silhouettes and innovative use of materials, Z I D I challenges traditional fashion norms while fostering inclusivity and environmental consciousness. Autumn/Winter 2025 Collection: Flux“Flux” refers to a state of continuous change or movement, conveying the idea of fluidity and instability. “Flux” captures the essence of living in a multi-dimensional reality where optical illusions and digital glitches reveal hidden truths, and artificial intelligence guides creative expression. Silhouettes that incorporate flowing, fluid lines and layers suggest movement through time and space. Asymmetrical cuts and elongated forms reflect the idea of time dilation, while high-contrast, bold colours such as electric blues, chartreuse and deep purples, alongside stark black and white, create a sense of instability and immediacy.Main event:Fashion Hong Kong Professional ShowroomDate: 21 February (Friday) to 21 March 2025 (Friday)Time: 10am-6pm (reservation required)Venue: The POP Group, 63 Hanbury Street, Shoreditch, LondonWebsitesFashion Hong Kong: www.fashionhongkong.com.hkFashion Hong Kong Instagram: @hktdcfashionhkMedia enquiriesPlease contact the HKTDC's Communications and Public Affairs Department:Stanley SoTel: (852) 2584 4049Email: stanley.hp.so@hktdc.orgSnowy ChanTel: (852) 2584 4525Email: snowy.sn.chan@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.
More
Dollamur Announces United World Wrestling Approval Through 2028 ACN Newswire

Dollamur Announces United World Wrestling Approval Through 2028

FORT WORTH, TX, Feb 21, 2025 - (ACN Newswire via SeaPRwire.com) - Dollamur, the world's leading manufacturer and distributor of high-performance sport surfaces, announced today that it has received United World Wrestling (UWW) mat licensing approval through the next Olympic cycle, ending in December 2028.Dollamur UWW-Approved Wrestling Mats"We're thrilled to once again be named an Officially Licensed Mat Provider for UWW. Our team is proud to provide mats for all official UWW events, including the Olympic Games," said Don Ochsenreiter, CEO of Dollamur. "To be recognized by the global governing body of wrestling is an honor, which reinforces our commitment to the global wrestling community and its fans."Dollamur's UWW-Approved Competition Mats have been used at some of the most prestigious events in the world, including but not limited to:USA Olympic TrialsEuropean GamesCanadian GamesWorld ChampionshipsFrance Wrestling Grand PrixGerman Wrestling Grand PrixAfrican Continental ChampionshipsKazakhstan Asia ChampionshipsPan Am GamesIndian GamesIn addition to being a global leader in the manufacture and distribution of high-performance wrestling mats and sport surfaces, Dollamur has a rich history of innovation. In 1999, Dollamur disrupted the wrestling world by introducing FLEXI-Roll® mats. Engineered with high-performance, closed-cell foam that provides maximum shock absorption, a tough vinyl surface that is extremely durable and never requires reconditioning, and precision cuts on the underside of the foam, FLEXI-Roll® set the standard for lightweight, portable wrestling mats.Then in 2010, Dollamur launched another innovative, patented product: FLEXI-Connect®. FLEXI-Connect® utilizes a heavy-duty hook and loop connection system that holds mats in place and provides a smooth, virtually seamless vinyl surface - reducing setup time and saving customers hundreds of dollars annually by eliminating the need for mat tape.About DollamurBased in Fort Worth, Texas and established in 1996, Dollamur is the leading global manufacturer and distributor of high-performance competitive sports flooring for wrestling, martial arts, MMA, gymnastics, cheerleading, fitness, and other sport activities. Innovative, proprietary products and a commitment to technological advancements in production have enabled Dollamur to set new industry standards for the sport mat industry. Dollamur mats are the preferred choice in hundreds of top-level sports competitions, including many national championships and Olympic-qualifying tournaments each year throughout the United States, Canada, Europe, Africa, South America, Asia, and the Middle East. Dollamur is the official mat of USA Wrestling, FloSports, USA Judo, USATKD and is an official provider for United World Wrestling (UWW). Learn more at www.dollamur.com.Related Links:https://uww.org/governance/licensed-matshttps://dollamur.com/wrestling-uww-matsContact InformationJean-Francois CourtInternational Salesjfcwrestling@hotmail.com+1 (954) 643-0850SOURCE: DollamurRelated Documents:Dollamur_Wrestling-INTL_2025_eCatalog.pdf Copyright 2025 ACN Newswire via SeaPRwire.com.
More
Carl Zeiss Honors EuroEyes International for Exceptional Milestone in AT LISA(R) Trifocal Lens Implantations ACN Newswire

Carl Zeiss Honors EuroEyes International for Exceptional Milestone in AT LISA(R) Trifocal Lens Implantations

HONG KONG, Feb 21, 2025 - (ACN Newswire via SeaPRwire.com) - Carl Zeiss Meditec AG (“Carl Zeiss”) is proud to honor EuroEyes International Eye Clinic Limited (“EuroEyes International” or the “Company”) for achieving the prestigious title of the most AT LISA® trifocal lens Implantations worldwide for nine consecutive years. This recognition underscores EuroEyes International's significant contributions to the field of ophthalmology and highlights its leadership in innovative eye care solutions.At a ceremony held in Hong Kong today, Carl Zeiss acknowledged EuroEyes International's remarkable milestone of successfully completed more than a million procedures in the past 32 years, the most of its kind in the world. The milestone achievement not only stands as proof of EuroEyes International's commitment to excellence in innovative and patient-centered eye care, but also highlights its crucial role in advancing vision correction through implantation of trifocal lenses and setting new standards in ophthalmic practices.“We are proud to receive this recognition, which speaks clearly to our determination to achieve excellence in ophthalmology. Our dedicated team has worked diligently to help patients restore their vision with state-on-the-art technologies and in turn enhance their quality of life,” said Dr. Jørn S. Jørgensen, CEO of EuroEyes International.“Congratulations to EuroEyes International for making such an extraordinary achievement nine years in a row, which is an inspiration for all of us in the field worldwide to push for advancements in eye care technology and practices. Together with EuroEyes International, we look forward to reaching new heights and making yet greater success in the near future,” said Mr. Magnus Reibenspiess, Head of Strategic Business Unit Ophthalmology, President ZEISS Ophthalmology.Dr. Jørn S. Jørgensen added, “We have seen a rising trend of presbyopia in mainland China, Hong Kong, and globally. The company believes its trifocal lens implantation is currently one of the best solutions for correcting this condition in patients and effectively addressing relevant growing market demand.”According to its 2024 interim results, EuroEyes International recorded record high revenue of HK$198.8 million, up 12.0% year-on-year, from performing mostly trifocal lens implantation surgeries in the Period, and revenue from this category had been growing at a compound annual growth rate (CAGR) of around 21% between 2020 and 2024, driven by the aging population in various countries where the Group operates.Trifocal Lens implantation: An Opportunity-Rich Market to SeizeThe “2023 National Aging Development Bulletin” released by the Ministry of Civil Affairs and the National Aging Office in China, reveals that as of 2023, China's elderly population aged 60 and above has surged to 296.97 million, accounting for 21.1% of the total populace — an increase from 14.9% in 2013. Similarly, Hong Kong boasts the highest life expectancy in the world, pointing to a rapidly aging population in the city. According to the 2021 Population Census conducted by the Census and Statistics Department (C&SD), the proportion of elderly individuals aged 65 and above had increased from 13% of the total population in 2011 to 20% in 2021, and was projected to reach 22.8% by mid-2024. Additionally, the median age of the population had increased from 41.7 in 2011 to 46.3 in 2021, also reflective of the continuing aging trend.Alongside the aging global population is the climbing cases of presbyopia, a natural aging process that affects nearly every individual over 40, and correspondingly the demand for effective correction solutions. As trifocal lens, an artificial lens designed to provide sharp vision at all distances while retaining its refractive properties over time, can ensure consistent vision as patients age, trifocal lens implantation surgery has emerged as one of the best solutions for managing presbyopia and other vision-related issues.EuroEyes International, renowned for its market leadership in trifocal lens implantation surgery, is well-positioned to capture this global trend, and so is Carl Zeiss, a leading optical company committed to manufacturing trifocal lenses in growing demand. The company believes the trifocal lens implantation market has vast potential waiting to be tapped, set to power the company’s future growth. About EuroEyes International Eye Clinic Limited (1846.HK)EuroEyes International was established in 1993 and is one of the leading brands in the vision correction industry that combines German ophthalmology excellence and over 30 years of experience with individualised customer care. EuroEyes International is one of the few eye clinic groups with a far-reaching geographical coverage, with operations in Germany, Denmark, the PRC and the United Kingdom. The Group's vision correction services include (i) refractive laser surgery (which includes SMILE pro and Femto LASIK and Presbyond®); (ii) phakic lens (ICL) surgery; (iii) lens exchange surgery (which includes the monofocal and trifocal lens exchange surgery) and (iv) others (which include PRK/LASEK and ICRS implantation). For more information, please visit ir.euroeyes.hk.About Carl Zeiss Meditec AGCarl Zeiss Meditec AG (ISIN: DE0005313704), which is listed on the MDAX and TecDAX of the German stock exchange, is one of the world's leading medical technology companies. The Company supplies innovative technologies and application-oriented solutions designed to help doctors improve the quality of life of their patients. The Company offers complete solutions, including implants and consumables, to diagnose and treat eye diseases. The Company creates innovative visualization solutions in the field of microsurgery. With 5,730 employees worldwide, the Group generated revenue of €2,066.1m in fiscal year 2023/24 (to 30 September).The Group’s head office is located in Jena, Germany, and it has subsidiaries in Germany and abroad; more than 50 percent of its employees are based in the USA, Japan, Spain and France. The Center for Application and Research (CARIn) in Bangalore, India and the Carl Zeiss Innovations Center for Research and Development in Shanghai, China, strengthen the Company's presence in these rapidly developing economies. Around 39 percent of Carl Zeiss Meditec AG’s shares are in free float. Approx. 59 percent are held by Carl Zeiss AG, one of the world’s leading groups in the optical and optoelectronic industries.For more information visit our website at www.zeiss.com/med Copyright 2025 ACN Newswire via SeaPRwire.com.
More
Igloo kicks off 2025 with Multi-market Partnership Wins and Chief Distribution Officer Appointment ACN Newswire

Igloo kicks off 2025 with Multi-market Partnership Wins and Chief Distribution Officer Appointment

Leading regional insurtech Igloo expands reach through new partnerships and products with notable consumer finance brands, e-commerce platforms, and digital wallets in Southeast Asia including Salmon, Skyro, and Shopee in the Philippines; Kredivo, DANA, and Akulaku in Indonesia, and True Money and Lazada in ThailandInsurance industry vet Sasitharan Krishnan joins as Chief Distribution Officer to lead Igloo’s multi-modal distribution across digital and traditional channels SINGAPORE, Feb 21, 2025 - (ACN Newswire via SeaPRwire.com) - Leading regional insurtech Igloo enters 2025 with a strong push, launching new partnerships, introducing new products with existing partners across the region, and appointing a Chief Distribution Officer to grow its embedded insurance and sales intermediaries business lines.Sasitharan Krishnan, Chief Distribution Officer, IglooNew and enhanced partnerships with leading brandsBuilding on their collaboration in 2024, Igloo and Salmon are strengthening their partnership in 2025 with the launch of Gadget Protection in the Philippines. This new offering will cover device repairs and replacements for gadgets purchased through Salmon’s platform, complementing their existing loan protection coverage, which safeguards repayments in case of unforeseen incidents.Similarly, Igloo’s partnership with Skyro, which introduced Gadget Protection and Loan Protection last year, is expanding in 2025 with the introduction of Goods Protection. Through this new product, home furniture, clothing, auto accessories, and even toys can now be protected from the same everyday risks.As access to credit remains a challenge in the Philippines, consumer finance platforms like Salmon and Skyro provide financial and insurance access to underbanked and unbanked segments. These platforms currently serve an estimated 300,000 Filipinos.Igloo continues to strengthen its ties with Shopee in the Philippines, launching its fifth product, Goods Protection to its existing suite. Since 2022, the partnership has facilitated over 16.9 million protection plans across product lines with Shopee’s 56 million monthly visitors.Underwritten by SeaInsure, Goods Protection covers eligible items purchased on the platform — such as electronics accessories, vehicle spare parts, baby gear, and office supplies — that suffer total loss or damage due to accidents like fire, collision, falls, liquid damage, or being run over.In Indonesia, Igloo has two new partnerships under its belt — with leading fintech company Akulaku, and consumer finance platform Kredivo. With the former, gadget protection service underwritten by Victoria Insurance, covers repairs and replacements for gadgets purchased on the platform with a one-year coverage period. With smartphone users expected to reach 249.95 million by 2029, this service meets the growing demand for reliable device protection in the country’s increasingly digital market.Igloo also continues to innovate with new offerings like Xtra Protection — its fifth product with Indonesian e-wallet platform DANA, which currently serves 200 million users. As more Indonesians move to digital payments with transactions expected to grow to US$371.6 billion in 2025, the product is timely, protecting users from lost wallet balances due to fraud.Igloo’s collaboration with consumer finance platform Kredivo — which serves more than 10 million users, introduces Travel Domestic, covering trip cancellations, lost baggage, and more.In Thailand, Igloo has expanded its partnership with e-payment and financial services provider True Money to include coverage for cars and motorcycles, building on the success of its health and accident insurance offering from the previous year, this new product extends protection to approximately 20.7 million registered vehicles across the country. Meanwhile, the successful collaboration with Lazada Thailand, which serves millions of customers in the country, also sees the addition of a fifth product — Flight Insurance for domestic and international trips.“These partnerships underscore Igloo’s efforts to make insurance more seamless and integrated into everyday online transactions, and as we enter 2025, we are building on this momentum by deepening our commitment to making insurance more accessible, affordable, and seamlessly integrated into digital experiences. The slew of new partnerships — and the expansion of existing ones — within the first months in 2025 heralds our positive trajectory and highlights the continued value we provide in embedding insurance across diverse industries in Southeast Asia,” Mehta added.Key regional hire to accelerate growth in Southeast AsiaIn addition, Igloo has added to its leadership fold Chief Distribution Officer (CDO) Sasitharan Krishnan who brings over 30 years of expertise from the insurance distribution sector serving as Senior Vice President for Asia Affinity at insurance giant Sompo and Chief Officer of Digital Sales at Allianz Ayudhya Assurance.In his role, Sasi will drive Igloo’s distribution strategy with a key focus on brokering regional deals, and increased value for Igloo and its partners through relationships with regional and local insurers. He will also bring mentorship and rigor to Igloo’s commercial organisation.“With Sasitharan’s addition, we will make significant strides in accelerating growth,” Mehta explained. “His extensive experience in insurance distribution and digital sales will be instrumental in building new partnerships, driving value for Igloo and our partners and ensuring our products are consumer-centric, accessible, and effectively delivered across business lines.”Learn more about Igloo, its partnerships, and technology by visiting iglooinsure.com.About IglooIgloo is a regional full-stack insurtech firm headquartered in Singapore. It has offices in Singapore, Indonesia, Thailand, the Philippines, Vietnam and Malaysia and tech centres in China and India. With a mission of making insurance accessible for all, the firm leverages big data, real-time risk assessment, and end-to-end automated claims management to create B2B2C insurance solutions for platform companies and insurance companies. Igloo’s insurance solutions enable companies to eliminate their exposure to operational risk, create new revenue streams, and optimise and enhance existing products and services. It has partnered with over 75 well-known brand names across the markets in various verticals, including insurance, telecommunications, e-commerce, hospitality, health tech and financial services. Recognized by the industry for its innovations and expertise, Igloo was named ‘Insurtech of the Year’ in the 2023 and 2024 Asia Fintech Awards.For more information, please visit https://iglooinsure.com/.For Media Queries: PRecious Communications for IglooEmail: Igloo@preciouscomms.com Copyright 2025 ACN Newswire via SeaPRwire.com.
More
HKTDC strengthens local competitiveness and global connections ACN Newswire

HKTDC strengthens local competitiveness and global connections

HONG KONG, Feb 20, 2025 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) today announced its work focus for the 2025/26 fiscal year, which aims to strengthen Hong Kong’s competitive advantages and intensify efforts to promote Hong Kong as a resilient international business hub. Embracing opportunities arising from global development trends, the HKTDC continues to create new opportunities for Hong Kong businesses.HKTDC Chairman Dr Peter K N Lam said: “Just two months into 2025, the HKTDC has already held a number of major events, such as the Asian Financial Forum (AFF) in January and three trade fairs, which attracted strong participation from attendees, buyers and exhibitors from around the world, a herald of a year of vibrant business activity.”“Looking ahead, the HKTDC will strengthen Hong Kong’s role as a resilient and connected international business hub, intensify efforts to promote our city’s advantages to the global business community and promote further integration of Hong Kong into the national development framework, which highlighting Hong Kong’s unique role in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). Furthermore, we will drive innovation and sustainable development to enhance Hong Kong’s competitiveness, and nurture a new generation of SMEs and start-ups.”In 2024, the HKTDC hosted over 40 large-scale exhibitions and conferences in Hong Kong, attracting buyers, exhibitors and attendees from over 190 countries and regions, further solidifying Hong Kong’s position as the premier hub for exhibitions and conferences in Asia. Particularly noteworthy was the increased participation from Mainland China and emerging markets, such as ASEAN and the Middle East, as well as the traditional markets of Europe and North America, with all showing robust growth compared to 2023.In the 2025/26 fiscal year, the HKTDC will intensify efforts to actively promote Hong Kong’s advantages and opportunities to Mainland China and the global business community, further solidifying Hong Kong’s crucial role as a key global hub for two-way investment and trade.HKTDC’s 2025/2026 major work focuses are:1. Reinforce Hong Kong’s unique role as a resilient and connected business hub globally, and strengthen its integration into national development and role as superconnector and super value-adderStrengthen Hong Kong’s integration into national development- Stage targeted fundraising salons in Mainland China to entice mainland enterprises to list in Hong Kong;- Organise the second edition of the Hong Kong Shopping Festival in August and launch the E-Commerce Express to help SMEs deepen their understanding of mainland e-commerce and online platforms through a series of specialised training seminars and one-on-one advisory services;- Active participation in mainland fairs, including setting up Hong Kong Image Pavilions at key mainland expos to promote Hong Kong’s advantages; organising a Hong Kong Day networking event at the China International Import Expo targeting key buyers and enriching the Style Hong Kong Pavilion offerings at the China International Consumer Products Expo to create more collaboration opportunities.- Organise sectoral outbound missions:1) A GoGBA mission to Dongguan will be organised to help SMEs in the food processing and medical devices sectors to stay competitive amid an evolving manufacturing landscape with innovative technologies;2) An e-tailing mission to e-commerce hotspot Zhejiang to help SMEs understand the latest developments; and3) A Fashion Go Places mission to Guangzhou and Dongguan to connect Hong Kong fashion industry players with partners in fashion tech and beyond.Reinforce Hong Kong’s role as superconnector and super value-adder- Build partnerships with Regional Comprehensive Economic Partnership (RCEP) government agencies and industry multipliers to attract more RCEP businesses to leverage HKTDC trade fairs to connect with international buyers;- Launch the Hong Kong Risk Management Squad to help mainland and ASEAN companies with plans for global expansion to mitigate business risks;- Introduce the ASEAN Lifestyle Pioneer Series to increase SMEs’ market exposure in the region and facilitate opportunities;- Stage Think Business, Think Hong Kong campaign in Italy to spotlight Hong Kong’s strengths and advantages, including its service offerings; and- Organise missions, including to:1) ASEAN to explore opportunities in the food and health supplement industry; and2) Saudi Arabia and the United Arab Emirates with an Infrastructure Development and Real Estate-related Services (IRES) delegation to capture opportunities arising from infrastructure expansion in the Middle East.2. Fortify Hong Kong’s competitiveness by embracing innovation and sustainable development, to support the national new quality productive forces strategy, and seize opportunities arising from global trendsSupport the national new quality productive forces strategy- Strengthen the content of and recruitment for exhibitions and conferences:1) Establish InnoEX as an international I&T exchange platform for Asia;2) Recruit more agritech and foodtech firms sought after by investors, to join AFF Deal-making;3) Explore collaboration with local research centres to coorganise thematic sessions at the Asia Summit on Global Health (ASGH) to facilitate industry collaboration;4) Collaborate with Hong Kong Baptist University’s Chinese Medicine Hospital and Belt & Road Alliance for Traditional Chinese Medicine at ASGH to examine Hong Kong’s role in Traditional Chinese Medicine’s globalisation;5) Explore opportunities in the low-altitude economy at the Asian Logistics, Maritime and Aviation Conference (ALMAC) and InnoEX;6) Launch the SmartHK Tech Series to showcase Hong Kong’s I&T strengths across the GBA and at mainland I&T fairs; and7) Focus on PropTech for Building for the Future campaign, especially in the mainland, to highlight Hong Kong’s strengths in PropTech and smart city development.- Strengthen connections and collaboration with InnoHK, the Innovation and Technology Commission cluster:1) Strengthen ties with the Health@InnoHK cluster to better understand their business matching needs and facilitate connections with relevant business partners and investors;2) Partner with InnoHK research centres, local universities and incubators for the International Trade Fastpass SmartBiz Series to highlight the benefits of adopting innovative tech solutions.Seize opportunities arising from global trends- Sustainable development:1) Launch the Hong Kong Green Team to highlight Hong Kong’s green strengths and capabilities in Hong Kong and ASEAN;2) Invite sustainable fashion brands to promote circular fashion and a greener industry at CENTRESTAGE; and3) Work with ESG-related multipliers to provide sustainability workshops and ESG certification courses for Transformation Sandbox (T-box) members.Medical health and the silver economy:1) Organise biotech missions to Europe and the US in partnership with industry multipliers to help start-ups grow and transform;2) Invite partners and investors with expertise in geriatric medicine and elderly care to introduce ageing-related innovations at ASGH to facilitate collaboration and tech commercialisation;3) Enhance the product line-up at Food Expo to showcase healthy food and supplements targeting the silver market; and4) Create a thematic cluster on hktdc.com Sourcing to further highlight Optical Fair exhibitors targeting the silver market.- Islamic business opportunities:1) Collaborate with the Incorporated Trustees of the Islamic Community Fund of Hong Kong to feature local halal food manufacturers at Food Expo PRO;2) Strengthen participation of pavilions of countries with a large halal market to enrich the variety of halal products at Food Expo PRO.3. Build the next generation of connected and future-ready SMEs and start-ups, and fast-track SMEs’ digital transformationBuild the next generation of connected and future-ready SMEs and start-ups- Talent matching: Leverage events, such as InnoEX and Entrepreneur Day (E-Day), to offer talent matching sessions for start-ups and I&T companies.- Strengthen collaboration with institutions:1) Partner with the Hong Kong Productivity Council to inform Global Tech Summit participants about the latest tech in Industry 4.0 and showcase related solutions at E-Day to help SMEs, start-ups become future-ready;2) Partner with academic institutions and youth and community organisations to engage young individuals at our fairs to equip them with the knowledge and skills in digital transformation and sustainability;3) Launch the CV Clinic at the Education & Careers Expo by partnering with recruitment agencies to help the younger generation with their job search; and4) Collaborate with local universities to leverage ASGH for their entrepreneurship events and as a showcase for their biomed projects.Fast-track SMEs’ digital transformation- Debut an AI productivity workshop series at InnoEX to help SMEs harness the power of AI tools to boost productivity;- Host dedicated sessions at MarketingPulse and eTailingPulse to educate brands on short video features on the mainland’s social media platforms;- Collaborate with leading AI service providers to provide T-box members with practical AI applications.Media enquiriesHKTDC’s Communications & Public Affairs Department:Agnes Wat Tel: (852) 2584 4554 Email: agnes.ky.wat@hktdc.orgSam Ho Tel: (852) 2584 4569 Email: sam.sy.ho@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.
More
Explore Cutting-Edge Cybersecurity Solutions at Exito’s 25th Cyber Security Summit ACN Newswire

Explore Cutting-Edge Cybersecurity Solutions at Exito’s 25th Cyber Security Summit

Johannesburg, South Africa, Feb 20, 2025 - (ACN Newswire via SeaPRwire.com) - South Africa has taken a big step to boost its national cybersecurity. It has adopted the National Cybersecurity Policy Framework (NCPF), which came out in December 2015. This framework gives a full plan for cybersecurity. It focuses on protecting Critical Information Infrastructure (NCII) that supports key areas like energy, banking, and telecommunications.The NCPF aims to tackle cybersecurity issues and make the nation stronger against cyber threats. It does this by getting the government, private companies, and regular people to work together. The framework also has plans to fight cybercrime, help law enforcement do a better job, and teach people about cybersecurity through education programs. South Africa sees international teamwork as a crucial part of its online safety plan. It takes part in worldwide talks about cyber protection rules.The NCPF aims to bring together the whole country to shield vital computer systems, lower the chance of online crimes, and give people and groups the know-how to protect their digital lives. With this plan, South Africa wants to be a top player in cyber safety in Africa. It hopes to create a safer online world for its people and companies.Over View of the event:The Cybersecurity Summit is a leading event that brings together top industry experts and decision-makers to tackle the evolving challenges of digital security. Taking place on 13th March 2025 at the Qurtuba Convention Centre, this summit focuses on the latest threats and cutting-edge defense strategies. It offers an in-depth exploration of how to strengthen organizational defenses and leverage emerging technologies like AI, blockchain, IoT, and cloud security. Over 200 C-level executives, directors, and heads of security will gather to share insights, discuss innovative solutions, and explore the future of cybersecurity. This event, running from 09:00 AM to 05:00 PM, provides the knowledge and tools necessary to protect against tomorrow’s risks and safeguard valuable digital assets.Who will Speak:Simon Nare, CISO, AECI.Sihle Mthiyane, CIO, NTP Radioisotopes SOC Ltd.Kuseni Dlamini, Chairman, Aspen Pharmacare Holdings.Kenneth Palliam, President, ISACA South Africa.Galeboe Mogotsi, Chief Information Security Officer, University of Witwatersrand.The event will cover topics like:Setting the Stage for Cybersecurity in Africa.The Cutting Edge: Integrating AI in Cybersecurity with Risk Awareness.Building Resilience: Safeguarding the Backbone of National Infrastructure.Zero Trust in Action: Transforming South Africa's Cybersecurity Landscape.Implementing AI Trust, Risk, and Security Management (TRiSM) in South Africa: Safeguarding the Future.For more information on the 25th Edition Cyber Security Summit: LinkAbout ExitoExito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.For Media Enquiries, contact:Kasturi Nayak (Sr.) Marketing Executive)Kasturi.nayak@exito-e.comEnquiry@exito-e.com Copyright 2025 ACN Newswire via SeaPRwire.com.
More
Prioritise Self-Love and Self-Care This Year For A Better You ACN Newswire

Prioritise Self-Love and Self-Care This Year For A Better You

SINGAPORE, Feb 20, 2025 - (ACN Newswire via SeaPRwire.com) - Self-care has traditionally taken a backseat in our fast-paced world, yet its importance cannot be overstated. Rather than viewing external relationships as the ultimate source of fulfilment, many are prioritising personal well-being and self-care. This shift has redefined how individuals approach health, empowerment, and overall quality of life.Despite its proven benefits—reducing stress, boosting self-esteem, and strengthening our connections with others—self-care is often neglected. A recent study found that only a third of people practice self-care daily, highlighting the need to prioritise habits that nourish the mind and body.LAC emphasises the importance of self-care, encouraging individuals from all walks of life to nurture their well-being and invest in their health.To support this journey of self-care, LAC (pronounced L-A-C) has thoughtfully curated a selection of wellness essentials designed to help individuals juggling packed schedules feel their best, inside and out.LAC Hair Protect™ - Hair Growth Formula FullCal® - Highly Assimilable Calcium Citrate Formula, and Joint Protec® Flex - UC-II® Collagen + CurQlife Plus® TurmericFrom maintaining strong bones and joints to nourishing hair health, these supplements help individuals to maintain vitality and mobility, ensuring you stay vibrant, full of life, and ready to embrace self-love this season.Hair health is closely tied to overall well-being, and factors like stress, poor circulation, and nutrient deficiencies can contribute to hair thinning and loss. Rooted in Traditional Chinese Medicine (TCM), LAC Activated® Hair Protect™ combines nine natural herbs, including He Shou Wu, to support scalp health, strengthen hair follicles, and promote natural growth.By nourishing the liver and kidneys—key organs in TCM for maintaining healthy blood circulation—this vegetarian and halal-certified formula helps improve hair strength, thickness, and shine while reducing hair loss. Ideal for those experiencing stress, frequent hair treatments, or premature greying, LAC Activated® Hair Protect™ supports a fuller, healthier head of hair.As simple as it sounds, prolonged day-to-day activities, alongside growing age, often brings joint issues such as the synovial fluid and calcium depletion within the bones and joints. The combination of both LAC FullCal® - Highly Assimilable Calcium Citrate and Formula Joint Protec® Flex - UC-II® Collagen + CurQlife Plus® Turmeric provides the necessary nutrients for stronger bones and joint health.Formulated with LAC’s proprietary blend, individuals will no longer need to consume separate combinations of supplements to achieve similar results, bringing much convenience and cost-effectiveness at the same time.By prioritising self-care, individuals can cultivate health, confidence, and overall well-being, making them better equipped to navigate life’s demands. LAC encourages everyone to take a step back, recharge, and invest in their health, because true well-being starts from within. Copyright 2025 ACN Newswire via SeaPRwire.com.
More
Giftify, Inc. Announces Smart Savings Solution for Popular GLP-1 Diabetes and Weight Loss Medications ACN Newswire

Giftify, Inc. Announces Smart Savings Solution for Popular GLP-1 Diabetes and Weight Loss Medications

Schaumburg, Illinois, Feb 21, 2025 - (ACN Newswire via SeaPRwire.com) - Giftify, Inc. (NASDAQ:GIFT) (the "Company"), the owner and operator of CardCash.com and Restaurant.com, and a leader in the incentives and rewards industry, today announced that CardCash.com is offering consumers smart saving solutions for high-cost GLP-1 weight loss prescription medications like Ozempic (semaglutide) from Novo Nordisk and Zepbound (tirzepatide) from Eli Lilly.CardCash.com, Giftify's secondary gift card exchange platform, provides consumers with an innovative approach to reduce rising out-of-pocket expenses for increasingly popular GLP-1 medications. The strategy leverages discounted pharmacy gift cards from major retailers including CVS and Walgreens.This program aligns with current national efforts to address healthcare affordability challenges. By providing practical tools to reduce prescription costs, CardCash.com is contributing to the ongoing public dialogue around making essential medications more accessible for all Americans, particularly as policymakers continue to explore comprehensive solutions to rising healthcare expenses.Consumer feedback validates the financial impact of this approach. “As one Trustpilot reviewer, Corey Polk, shared, ‘I had significant savings on my Walgreens cards. I used it to buy Ozempic, and now I save about $30 a month.’ This is exactly what we aim for at CardCash — helping consumers find financial relief where they need it most,” said Carol Rosenblum, Marketing Manager at CardCash.com.The platform's strategy creates a multi-layered savings opportunity for medication purchasers. Users can combine CardCash's discounted gift cards with manufacturer savings programs and prescription discount services like GoodRx and SingleCare. Additional cost reductions can be achieved through price comparisons between major pharmacy retailers including CVS, Walgreens, and Walmart.This healthcare cost reduction initiative addresses growing market demand for GLP-1 medications such as Ozempic, Mounjaro, and Wegovy. By providing access to discounted gift cards that can be applied toward pharmaceutical purchases, CardCash extends Giftify's value proposition into the healthcare sector."As prescription medication costs continue to rise, we're leveraging our established gift card marketplace to create meaningful savings opportunities in healthcare," said Ketan Thakker, CEO of Giftify, Inc. "This initiative aligns perfectly with our strategic focus on expanding our digital savings platforms into high-growth consumer markets. The increasing adoption of GLP-1 medications represents a significant opportunity to demonstrate the versatility and value of our business model."About Giftify, Inc.Giftify, Inc. is a pioneer in the incentive and rewards industry with a focus on retail, dining & entertainment experiences, as the owner and operator of leading digital platforms, CardCash.com and Restaurant.com. CardCash.com is a leading secondary gift card exchange platform, allowing consumers and retailers to realize value by buying and selling gift cards at various scales. Its Restaurant.com is the nation’s largest restaurant-focused digital deals brand. Restaurant.com and our Corporate Incentives division connect digital consumers, businesses and communities offering thousands of dining, retail and entertainment deals options nationwide at over 184,000 restaurants and retailers. Restaurant.com prides itself on offering the best deal, every meal. Our gift cards and restaurant certificates allow customers to save at thousands of restaurants across the country with just a few clicks.For more information, visit: www.giftifyinc.com and www.cardcash.com and https://www.restaurant.com.Forward-Looking StatementsPress Releases may include forward-looking statements. In particular, the words “believe,” “may,” “could,” “should,” “expect,” “anticipate,” “estimate,” “project," "propose," "plan," "intend," and similar conditional words and expressions are intended to identify forward-looking statements. Any statements made in this news release about an action, event or development, are forward-looking statements. Such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company. Accordingly, you should not place undue reliance on these forward-looking statements. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The company takes no obligation to update or correct its own forward-looking statements, except as required by law or those prepared by third parties that are not paid by the company. Statements in this press release that are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although Giftify, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, Giftify, Inc. is unable to give any assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include the company’s ability identify a suitable business model for the corporation.Investors Contacts:IR@giftifyinc.com Copyright 2025 ACN Newswire via SeaPRwire.com.
More
Reach Secures Major Investment to Accelerate Its Global Expansion and Fuel Enterprise Merchant Growth ACN Newswire

Reach Secures Major Investment to Accelerate Its Global Expansion and Fuel Enterprise Merchant Growth

Calgary, Canada, Feb 20, 2025 - (ACN Newswire via SeaPRwire.com) - Reach, a leading global Merchant of Record (MoR) solution, is proud to announce a strategic investment from Primus Capital that will help the company scale its operations, accelerate its aggressive product roadmap, and augment its existing world-leading payments, tax compliance, and fraud protection solutions for retail and SaaS businesses worldwide.Reach Official LogoAnnual Gross Merchandise Volume (GMV) for Reach grew 95% year-over-year in Q4 2024 and the organization is primed to extend its leadership in the enterprise MoR market. The investment by Primus Capital will primarily be used to enhance support for enterprise businesses, further develop its ecommerce product mix, and expand its existing global entity network into additional in-demand markets."We're thrilled to have Primus as a strategic partner as we continue to scale our solution for global merchants," said Sam Ranieri, CEO of Reach. "This investment will allow us to strengthen our infrastructure, expand our international coverage, and empower our clients to unlock new markets and optimize cross-border operations with ease."According to Ron Hess, Managing Director at Primus Capital, investing in Reach came down to a strong belief in the company's value. "We've built a relationship with Sam and his team over the past few years and have witnessed the return on investment realized by Reach's customers. The company's impressive growth is driven by its innovative approach to solving the pain points of global expansion for retail and digital businesses. This investment will help fuel the company's efforts to continue delivering unparalleled value to enterprise customers in the face of the challenges of a globalized marketplace," Hess said.As a byproduct of this partnership, Reach is investing in new technology infrastructure and augmenting its team to support its evolving and rapidly growing customer base while concurrently developing its ecommerce product suite. The company's expansion will further simplify cross-border transactions for its clients, which empowers businesses to focus on innovation while Reach handles the complexities of payments, tax, and fraud mitigation at scale.Leveraging a Merchant of Record is essential for mid-market and enterprise businesses already active in cross-border ecommerce who need to unlock new levels of efficiency, revenue, and international performance. As businesses scale globally, managing local tax regulations and staying compliant with fluctuating tariffs and legal requirements becomes increasingly complex. An MoR simplifies this process by automating tax calculations and ensuring compliance across multiple markets, with much faster time to market than going alone."Given the current uncertainty surrounding international trade and cross-border sales, it's critical for us to provide the most simple, robust, and complete global solution for our clients," Ranieri said. "The investment from Primus will help us strengthen our position as a world leader in ecommerce while continuing to find innovative ways for our clients to navigate the complex financial and regulatory borders standing between them and their customers."RBC Capital Markets acted as the exclusive financial advisor to Reach on the transaction, and Osler, Hoskin & Harcourt LLP and Taft Law acted as legal advisors. Goodwin Procter LLP acted as legal adviser to PrimusFor more information about Reach's solutions and upcoming initiatives, please visit www.withreach.com.ABOUT REACHReach is the leading Merchant of Record (MoR) solution designed for mid-market and enterprise ecommerce retailers and SaaS businesses. Reach allows businesses to effortlessly activate global capabilities within the platforms they already use, optimizing payments, fraud prevention, tax compliance, and localized customer experiences - all with no new systems or complex integrations. Businesses can easily activate powerful global features, streamlining cross-border operations and reducing costs. Trusted by global brands, Reach helps improve transaction approval rates and unlock the full potential of existing systems, enabling businesses to scale internationally with ease.Contact InformationAndrew CunninghamHead of Marketing & Mediamarketing@withreach.com15875745011SOURCE: Reach Copyright 2025 ACN Newswire via SeaPRwire.com.
More
GA-ASI and CAE Sign Long-Term Agreement to Develop the Next Generation MQ-9B SkyGuardian(R) Mission Trainer ACN Newswire

GA-ASI and CAE Sign Long-Term Agreement to Develop the Next Generation MQ-9B SkyGuardian(R) Mission Trainer

SAN DIEGO, CA, Feb 19, 2025 - (ACN Newswire via SeaPRwire.com) - General Atomics Aeronautical Systems, Inc. and CAE are pleased to announce a long-term agreement for the development and production of the next-generation mission trainer for GA-ASI's MQ-9B SkyGuardian® remotely piloted aircraft system (RPAS). The contract with GA-ASI includes a firm order for 11 mission trainers, with the opportunity to deliver up to 50 devices over the next five years. The agreement brings together two industry leaders to enhance the training capabilities for operators of MQ-9B and builds on the long-standing business relationship between GA-ASI and CAE.Recognized globally as the reference in synthetic training for RPAS, CAE leverages the latest visualization technology in the development of the next-generation MQ-9B SkyGuardian Mission Trainers. The trainers will employ the CAE Prodigy Image Generator to provide a highly realistic training environment to replicate flight operations. Powered by a state-of-the-art gaming engine, CAE Prodigy elevates training standards through an enhanced immersive training environment, high-fidelity graphics, and physics-based simulation. This cutting-edge technology enhances the realism and effectiveness of the training, ensuring that operators are well-prepared for their missions.MQ-9B is the world's most advanced RPAS delivering exceptionally long endurance and range, with auto takeoff and landing under pole-to-pole SATCOM-only control and will be able to operate in unsegregated airspace using the GA-ASI-developed Detect and Avoid system. MQ-9B includes the SkyGuardian and SeaGuardian® models, as well as the new Protector RG Mk1 that is currently being delivered to the United Kingdom's Royal Air Force. The platform is building a global operator list, with procurement contracts signed with Belgium, Canada, Poland, the Japan Coast Guard, the Japan Maritime Self-Defense Force, Taiwan, India, and the U.S. Air Force in support of Special Operations Command. MQ-9B has also supported various U.S. Navy exercises."GA-ASI and CAE have worked together to deliver leading-edge training to our customers for more than two decades," said Jaime Walters, vice president of International Strategic Development at GA-ASI. "Through this partnership, we will continue to enhance operational readiness and effectiveness for MQ-9B operators worldwide, and in particular, we see the new SkyGuardian Mission Trainers supporting our new Canadian customer. CAE's comprehensive training solutions ensure that personnel are well-prepared to operate these advanced RPAS efficiently and safely."GA-ASI's partnership with CAE is part of its Team SkyGuardian Canada initiative, which is focused on GA-ASI's collaboration and investment with Canadian businesses following the Government of Canada's selection of the MQ-9B SkyGuardian."This agreement underscores our commitment to advancing the capabilities of RPAS training and ensuring that MQ-9B SkyGuardian operators worldwide have access to the best training tools available," said Marc-Olivier Sabourin, Division President, CAE Defense & Security, International. "Our knowhow, expertise, and experience put our customers on the cutting edge of training and readiness. Through our long-term relationship with General Atomics, we are proud to be the key partner of choice for training solutions involving remotely piloted aircraft systems."CAE is a leading provider of flight training and services and works in partnership with the world's most advanced OEMs and defense forces to deliver integrated training solutions that ensure operational excellence and mission readiness.About GA-ASIGeneral Atomics Aeronautical Systems, Inc. (GA-ASI), an affiliate of General Atomics, is a leading designer and manufacturer of proven, reliable RPA systems, radars, and electro-optic and related mission systems, including the Predator® RPA series and the Lynx® Multi-mode Radar. With more than eight million flight hours, GA-ASI provides long-endurance, mission-capable aircraft with integrated sensor and data link systems required to deliver persistent situational awareness. The company also produces a variety of sensor control/image analysis software, offers pilot training and support services, and develops meta-material antennas.For more information, visit www.ga-asi.com.Avenger, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.About CAEAt CAE, we equip people in critical roles with the expertise and solutions to create a safer world. As a technology company, we digitalize the physical world, deploying software-based simulation training and critical operations support solutions. Above all else, we empower pilots, cabin crew, maintenance technicians, airlines, business aviation operators, and defence and security forces to perform at their best every day and when the stakes are the highest. Around the globe, we're everywhere customers need us to be with approximately 13,000 employees in more than 240 sites and training locations in over 40 countries. CAE represents more than 75 years of industry firsts-the highest-fidelity flight and mission simulators as well as training programs powered by digital technologies. We embed sustainability in everything we do. Today and tomorrow, we'll make sure our customers are ready for the moments that matter.Follow us on Twitter: @CAE_IncFacebook: www.facebook.com/cae.incLinkedIn: www.linkedin.com/company/caeContact InformationGA-ASI Media Relationsasi-mediarelations@ga-asi.comSOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com.
More

Goldman Sachs Raises Everest Medicines’ Target Price to HK$48.32 on Stronger Commercial and R&D Outlook

HONG KONG, Feb 19, 2025 - (ACN Newswire via SeaPRwire.com) - Goldman Sachs’ latest report on China’s biotechnology sector highlights Everest Medicines (1952.HK) as a company on track to achieve EBITDA break-even by the end of 2025. This outlook is driven by the accelerated commercialization of Nefecon®, which was recently included in China’s National Reimbursement Drug List (NRDL). The report underscores that expanded reimbursement coverage is expected to significantly boost market potential in treating IgA Nephropathy (IgAN) and address a substantial unmet medical need. Goldman Sachs notes, “Everest targeted EBITDA break-even by YE25, expecting the NRDL coverage to unleash the significant patient need in IgAN.”Beyond Nefecon®, Everest’s BTK inhibitor EVER001 is emerging as a promising pipeline asset, with encouraging early clinical data in primary membranous nephropathy (pMN). According to Everest’s Phase 1b/2a trial results, EVER001 demonstrated quick disease remission in pMN patients, with 82% of low-dose and 86% of high-dose patients achieving clinical remission based on 24-hour proteinuria reduction, and 91% and 100% achieving immunological complete remission, respectively, based on anti-PLA2R autoantibody decrease. The data also showed clear dose-dependency across key biomarkers, reinforcing the drug’s mechanism of action. With no major safety concerns reported, EVER001 has the potential to be a best-in-class therapy for pMN.Goldman Sachs also highlights EVER001’s global development potential, as Everest prepares for multinational clinical trials to evaluate its benefits across different ethnic populations. The report notes that while pMN is a smaller market than IgAN, it shares strong synergies in disease mechanism and treatment approaches, making it a strategically valuable addition to Everest’s renal disease franchise.The report further emphasizes China’s evolving biotech landscape, where global licensing and partnerships are becoming key drivers of growth. Everest’s consistent execution of its renal and mRNA-focused strategy, combined with its emphasis on global expansion, positions the company well for sustained success.Reflecting these positive developments, Goldman Sachs has raised its 12-month target price for Everest Medicines to HK$48.32, nearly doubling from the previous HK$24.50. The upgrade factors in stronger commercial visibility, EVER001’s potential in pMN, and an improved financial outlook as Everest advances toward profitability. Copyright 2025 ACN Newswire via SeaPRwire.com.
More
Nissin Foods (Hong Kong) Charity Fund Supports Elite Athletes from The Education University of Hong Kong for the Third Consecutive Year ACN Newswire

Nissin Foods (Hong Kong) Charity Fund Supports Elite Athletes from The Education University of Hong Kong for the Third Consecutive Year

HONG KONG, Feb 19, 2025 - (ACN Newswire via SeaPRwire.com) - Nissin Foods (Hong Kong) Charity Fund (“Charity Fund”) announced its continued support for elite athletes from The Education University of Hong Kong (EdUHK) for the third consecutive year. The Presentation Ceremony for Nissin Foods Scholarship for Elite Athletes 2024/2025 was held to present scholarships for seven outstanding athletes, who not only excel in their sports but also aspire to become future educators. The scholarship will cover their full tuition fees throughout their study period, so they can focus on their studies without worrying about their financial burden.Established in 2022 by Nissin Foods (Hong Kong) Charity Fund, the scholarship is intended to encourage elite athletes taking the Bachelor of Health Education (Honours) or the Postgraduate Diploma in Education programme at EdUHK to pursue studies and become health educators in the future while continuing to strive for excellence in their athletic performance.The four new awardees for the 2024/2025 academic year are: Mr. CHEN Pak Hong (rowing), Mr. WONG Ching (rowing), Miss LAM Yee Ting (volleyball, retired) and Miss QIAN Jiayu (rugby). In addition to providing support to new awardees, the Charity Fund also made the scholarship renewable to support the elite athletes throughout their study period. The three recipients of the renewed scholarship are: Mr. CHOI Kwan Lok (cycling, retired), Mr. TANG Cheuk Yiu (shuttlecock) and Mr. Joseph LAU (cycling).Mr. Kiyotaka ANDO, Chairman of Nissin Foods (Hong Kong) Charity Fund, said, “Nissin Foods has been present in Hong Kong for over 40 years, and our commitment to the local community has only grown stronger. The scholarship is a key initiative to empower local talent and foster community development. In alignment with our founder Mr. Momofuku Ando's belief that ‘Eating and sports are the two axles of health,’ we provide scholarships to elite athletes at The Education University of Hong Kong as well as a scholarship in food and nutritional sciences at The Chinese University of Hong Kong. Altogether this year, we nurture 20 scholars who will join the Nissin team to promote a healthy lifestyle through food and sports in the future.”Expressing his gratitude to the Charity Fund for its generous support to EdUHK, Professor Chetwyn CHAN, Vice President (Research and Development) of EdUHK, said, “EdUHK is committed to fostering sustainable and dual career development for elite athletes. I am delighted to witness that some of the previous awardees have already embarked on their journeys as teachers, becoming inspirational torchbearers and role models for younger generations. Meanwhile, some have become leaders in the local sports industry. Their achievements live up to the support of the scholarship and the dedicated nurturing of their alma mater.”Accomplished rugby player Miss QIAN Jiayu, recipient of the scholarship from the Postgraduate Diploma in Education, majoring in Physical Education, explained her heartfelt appreciation to the Charity Fund. "The invaluable support provided through this scholarship equips me with the resources to further my studies and enhance my expertise in physical education, whilst also enabling me to contribute to the development of future athletes," she said.PhotoMr. Kiyotaka ANDO, Chairman of Nissin Foods (Hong Kong) Charity Fund (middle right), and Professor Chetwyn CHAN, Vice President (Research and Development) of EdUHK (middle left), attended the Presentation Ceremony for Nissin Foods Scholarship for Elite Athletes 2024/2025 on 18 February 2025. Five scholarship recipients attended the ceremony, including four new awardees for the 2024/2025 academic year, namely: Mr CHEN Pak Hong (first from left), Mr. WONG Ching (second from left), Mr. LAM Yee Ting (third from right) and Miss QIAN Jiayu (second from right), as well as the renewed awardee - Mr. TANG Cheuk Yiu (first from right).Awardees of Nissin Foods Scholarship for Elite Athletes 2024/2025 are excelling in their respective fields. From top left: Mr. CHEN Pak Hong (rowing), Mr. WONG Ching (rowing), Miss LAM Yee Ting (volleyball, retired), Miss QIAN Jiayu (rugby), Mr. CHOI Kwan Lok (cycling, retired), Mr. TANG Cheuk Yiu (shuttlecock) and Mr. Joseph LAU (cycling).About Nissin Foods (Hong Kong) Charity FundThe Nissin Foods (Hong Kong) Charity Fund (“Charity Fund”) was set up in September 2020 by way of a trust deed by Nissin Foods Company Limited (Stock code: 1475). The objectives of the Charity Fund are: a) to advance education, teaching, learning, arts, science and academic research; b) to make provision for people in need; and c) to carry out works of a charitable nature that are beneficial to the Hong Kong community.For media enquiries:Nissin Foods Company LimitedPublic Relations DepartmentBlanche Wong / Wing WuEmail: pr@nissinfoods.com.hkStrategic Financial Relations LimitedVicky Lee Tel: (852) 2864 4834Iris Au Yeung Tel: (852) 2114 4913Email: sprg_nissin@sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.
More
New HKTDC Chairman appointed ACN Newswire

New HKTDC Chairman appointed

HONG KONG, Feb 19, 2025 - (ACN Newswire via SeaPRwire.com) - The Government of the Hong Kong Special Administrative Region (HKSAR) today announced the appointment of a new Chairman for the Hong Kong Trade Development Council (HKTDC).The HKTDC welcomes the HKSAR Government’s appointment of Prof Frederick Ma Si-hang as the new Chairman of the HKTDC. Prof Ma is currently the Non-Executive Chairman of FWD Group and a member of the Chief Executive’s Council of Advisers. As the former Secretary for Commerce and Economic Development and Secretary for Financial Services and the Treasury of Hong Kong, Prof Ma is well acquainted with the Council’s work in promoting Hong Kong’s strengths and advantages. His two-year term as HKTDC Chairman will commence on 1 June 2025 and will run until 31 May 2027. Dr Peter K N Lam, current Chairman of the HKTDC, remarked: “Hong Kong’s post-pandemic economy faces numerous challenges. Over the past six years, I have been honoured to serve as Chairman of the HKTDC. I would like to express my gratitude to the HKTDC team for their continued effort and determination in overcoming challenges and driving Hong Kong’s growth. Trade and tourism are closely connected and are crucial to Hong Kong’s economic development. I will continue to contribute in my new position and work with the HKTDC to promote Hong Kong.” Dr Lam added: “I am pleased that the HKSAR Government has appointed Prof Frederick Ma as the next Chairman. I am confident he will lead the HKTDC to new heights, creating opportunities for Hong Kong’s businesses and driving our city’s high-quality economic development.” Ms Margaret Fong, Executive Director of the HKTDC, said: “Prof Ma is a distinguished leader in the business community with extensive experience in both the public and private sectors, strengthening Hong Kong’s connections with the global business world. Under his and HKTDC Council Members’ leadership and guidance, the HKTDC will reinforce Hong Kong’s eight-centre advantages to help businesses seize national development opportunities and support our city’s continued growth and development.” Ms. Fong also expressed gratitude to Dr Lam: “Under Dr Lam’s outstanding leadership, the HKTDC has introduced many new initiatives, particularly in promoting the healthcare, innovation and technology industries, while assisting the business community in seizing new opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), the Belt and Road Initiative (BRI) and global markets and facilitating the development of Hong Kong’s pillar industries and emerging industries. His wise counsel and guidance over the years have helped the HKTDC reinforce Hong Kong’s role as an international business hub, a two-way investment gateway and a leading convention and exhibition centre.” Media EnquiriesAgnes Wat Tel: (852) 2584 4554 Email: agnes.ky.wat@hktdc.orgSam Ho Tel: (852) 2584 4569 Email: sam.sy.ho@hktdc.orgHKTDC Media Room: http://mediaroom.hktdc.com 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. Follow us on @hktdc and LinkedIn Copyright 2025 ACN Newswire via SeaPRwire.com.
More
Champion REIT Announces 2024 Annual Results ACN Newswire

Champion REIT Announces 2024 Annual Results

HONG KONG, Feb 19, 2025 - (ACN Newswire via SeaPRwire.com) - Champion Real Estate Investment Trust (stock code: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for year ended 31 December 2024.Summary of financial results FY 2024FY 2023ChangeTotal Rental Income (HK$ million)2,1852,312- 5.5%Net Property Income (HK$ million)1,8201,946- 6.5%Distributable Income (HK$ million)9581,122- 14.6%Distribution per unit (HK$)0.14220.1683- 15.5% 31 Dec 202431 Dec 2023ChangeGross Value of Portfolio (HK$ million)60,10462,950- 4.5%Net Asset Value per unit (HK$)7.167.72- 7.3%Gearing Ratio23.7% 22.8%+ 0.9 pp Ms. Christina Hau, Chief Executive Officer (Left) & Ms. Amy Luk, Investment and Investor Relations Director (Right)OverviewAmid the volatile macro environment, the occupancy of the Trust’s properties portfolio demonstrated resilience in 2024. While tenants’ sales of Langham Place Mall continued to outperform the market in 2024, office rental remained under pressure in view of the poor demand and supply situation. As a result, total rental income of the Trust decreased by 5.5% to HK$2,185 million. Net property income dropped 6.5% to HK$1,820 million. The higher-for-longer interest rate environment remained unfavourable for the Trust. The Trust recorded a drop in distributable income by 14.6% to HK$958 million and distribution per unit (“DPU”) decreased by 15.5% to HK$0.1422.Three Garden RoadDespite the sluggish momentum of the overall Central Grade A office leasing in 2024, occupancy of Three Garden Road continued to demonstrate resilience and was 82.6% as at 31 December 2024, similar to end of 2023. Rental income dropped 7.4% to HK$1,132 million (2023: HK$1,222 million) as a result of negative rental reversion.Langham Place Office TowerThe property remains an enviable lifestyle and wellness hub with lifestyle tenants accounting for 67% of the area as at 31 December 2024. Occupancy stood at 87.2% as at 31 December 2024. Rental income declined by 7.3% to HK$324 million (2023: HK$350 million). The “Six Dimensions Wellness Hub” programme was launched to continue promoting it as a one-stop wellness hub and cultivate prospects for medical and wellness tenants.Langham Place MallLangham Place Mall continued to outperform the market. Occupancy of the mall maintained a high level at 99.3% as at 31 December 2024 (31 December 2023: 98.6%). Tenants’ sales of the mall declined by 4.3% in 2024, compared with a 7.3% drop in Hong Kong retail sales. Overall, rental income of the mall dropped slightly by 1.6% to HK$728 million (2023: HK$740 million).DistributionDistributable income of the Trust dropped 14.6% to HK$958 million (2023: HK$1,122 million) and DPU for 2024 amounted to HK$0.1422 (2023: HK$0.1683). Based on the closing unit price of HK$1.73 recorded on 31 December 2024, the total DPU represented a distribution yield of 8.2%.Asset ValueThe appraised value of the Trust’s property portfolio was HK$60.1 billion as at 31 December 2024, compared with HK$62.9 billion as at 31 December 2023.Sustainability We have achieved the prestigious title of “Global Listed Sector Leader” and the highest five-star rating in the 2024 GRESB Real Estate Assessment. Three Garden Road has secured two Platinum certifications in Leadership in Energy and Environmental Design (LEED) and WiredScore, marking it the first “Quadruple Platinum” Grade A existing office building in Hong Kong. During the year, we launched our inaugural “Champion REIT ESG Week”, collaborating with more than 20 partners and organisations from various sectors. Expanding upon the well-received Green Champion Challenge last year, we took a step forward by organising the EcoChampion Pledge. Additionally, in partnership with social enterprise V Cycle and more than 40 beauty tenants, we initiated the Langham Beauty’s Green Vitality Beauty Empties Recycling initiative at Langham Place Mall.OutlookLooking ahead, the macro economy outlook appears to be uncertain amid growing global geopolitical tensions. The unfavourable competitive operating landscape of the office market should continue to impact market rental in 2025. As a retail pioneer, Langham Place Mall will endeavour to provide one-of-a-kind experience for our patrons and will celebrate its 20th anniversary through a series of novel initiatives. We will remain agile while deepening collaboration with our stakeholders under the dynamic market environment. About Champion REIT (stock code: 2778)Champion Real Estate Investment Trust is a trust formed to own and invest in income producing office and retail properties. The Trust focuses on Grade A commercial properties in prime locations. It currently offers investors direct exposure to nearly 3 million sq. ft. of prime office and retail floor area. These include two Hong Kong landmark properties, Three Garden Road and Langham Place, as well as a joint venture stake in 66 Shoe Lane in Central London. The Trust has been awarded the top five-star rating by GRESB for two consecutive years since 2023.Website: www.championreit.com Copyright 2025 ACN Newswire via SeaPRwire.com.
More
TrustCSI 3.0 Navigates the ‘Belt and Road’ and Empowers Global Enterprise’s Digital Journey ACN Newswire

TrustCSI 3.0 Navigates the ‘Belt and Road’ and Empowers Global Enterprise’s Digital Journey

HONG KONG, Feb 19, 2025 - (ACN Newswire via SeaPRwire.com) - CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883) is pleased to announce that its subsidiary, China Enterprise ICT Solutions Limited (“China Entercom”), and H&H Group (“H&H Group”) has forged a successful partnership, strengthening the “Belt and Road” initiative and embodying the service of “CITIC, your trusted partner for Going Global and Coming to China”, deepening the company's strategy of connecting the world and fostering ecosystem collaboration. This partnership showcases how holistic information security and agile connectivity are achieved through a strengthened digital infrastructure, demonstrating how enterprises can excel in the global market by harnessing digital capabilities and embarking on a successful digital journey.An Unbreakable Bond: From Biostime to a Globally Diversified BrandEstablished as Biostime, H&H Group has overcome challenges and matured through various developmental phases, and more importantly, it has achieved remarkable digital transformation leveraging a suite of innovative technologies. In 2015, the Group strategically acquired Swisse, an Australian supplement brand, and therefore unlocked unprecedented opportunities for its development in the global market.Amidst transformative shifts, China Entercom has excelled as the digital service partner of H&H Group since Biostime’s listing in Hong Kong in 2010, offering a comprehensive “Cloud-network-security” full-stack service that encompasses a mature network architecture and cloud resources. Leveraging international experience and reliable technical capabilities, China Entercom provides H&H Group with crucial ICT infrastructure. Over the years, China Entercom and H&H Group have laid a solid foundation for domestic and international global coverage, including the seamless connection of its digitized platforms, private line service and cloud voice service, enhanced the network architecture to ensure efficient collaboration and service stability of its global team.Joe Liang, IT Operations and Information Security Head, H&H GroupJoe Liang, IT Operations and Information Security Head of H&H Group, stated that the Group faces challenges such as global expansion and ensuring information security in its digital transformation journey. However, leveraging China Entercom’s extensive ICT resources, global service expertise, robust network operation and maintenance, as well as in-depth industry insights, China Entercom successfully established a reliable platform for the Group’s businesses and facilitated its entry into the international market.Joe emphasized that besides being a trusted service provider, China Entercom is also a partner working hand-in-hand with the Group. The partnership marked a new era in digital transformation, transcending technical level and delved into strategic planning, cost reduction, efficiency enhancement and other aspects. This profound partnership infused boundless momentum and dynamism into the globalization and diversification journey of the H&H Group.Taking Cooperation to the Next Level: From Single Private Network to SD-WAN and IP-GuardIn today’s era of globalization, numerous Chinese enterprises have proactively set sail for the overseas market. As a leading company of the industry, H&H Group has also been steadily expanding its market abroad. Despite its successful expansion, challenges such as global management of operating systems, data interaction efficiency, system stability have emerged, prompting the H&H Group team to actively address these issues with determination.Acknowledging the immediate needs of H&H Group, China Entercom customized a comprehensive solution that upgraded the single private network to SD-WAN and IP-Guard together with its parent companies, CITIC Telecom CPC and CITIC Group. This solution delivered exceptional results for the Group that fulfilled its goal of global business expansion with unparalleled security, stability, reliability, flexibility, scalability and highly efficient cross-cultural management capability. China Entercom empowered H&H Group to overcome various challenges during business expansion – from introducing systems and applications across different regions to enhancing data interaction and unified management, ultimately raising the operation efficiency and market competitiveness in the globe. Today, H&H Group has been thoroughly immersed in globalization and firmly rooted in the whole-family nutrition and wellness market.“Zero Trust” Reinforcement: Building Globalized Security FrontierH&H Group and China Entercom have established a nearly 15-year closely bonded partnership from 2010 to 2025. In the next phase, this partnership will mark a new milestone with Zero Trust. According to Joe, Zero Trust can be illustrated in three ways. First of all, ensuring data uniqueness is paramount, any unauthorized endpoint accessing the Group’s network, system or SaaS platform may pose a severe risk of data breach. The second concern is hackers may use illegal terminals to invade the network, which will constitute significant security vulnerabilities and require urgent response and remedial measures from the Group. At last, due to its notable market share and profitability of e-commerce in the world, especially in North America, there is an increasing demand for data security capabilities in the online business of the Group. With Zero Trust being the key technology, the partnership with China Entercom is expected to build a more solid security protection for the Group in terms of operation and maintenance.Sam Guo, Sales General Manager, South China, China EntercomSam Guo, Sales General Manager of South China, China Entercom, further explained the integration of “Zero Trust” into the SASE solution, making it the cornerstone of TrustCSI™ 3.0, as China Entercom pioneers Zero Trust MSP (Managed Service Provider) services. The solution has 2 key features, first of all, by implementing Zero Trust technology, it significantly enhances the efficiency of users’ access to enterprises’ resources; secondly, through continuous monitoring measures, it effectively reduces cybersecurity risks and minimize operational downtime and financial loss resulting from security incidents. As for H&H Group, the day-to-day challenge lies in enhancing access efficiency and strengthening security defenses in its North American and interstate operation. Meanwhile, the pivotal role of security stakeholders in steering corporate growth and operation and development remains prominent.Securing “Going Global” through Digital Intelligence EmpowermentWith the ever-increasing threats of information security around the globe, enterprises going overseas like H&H Group are seeking to cope with the challenges and enhance their security protection level by improving intelligentized capabilities. The potential attack surface broadens as the globalization of enterprises accelerates, it underscores the increasingly symbiotic relationship between security and development.Adan Zhan, Senior Director of Data Science and Innovation of China Entercom, underlined that China Entercom has implemented TrustCSI™ 3.0, a holistic protection solution focusing on defense and attack strategies to address the challenges faced by H&H Group. To enhance its defense capabilities, China Entercom continuously optimizes its intelligent algorithms for precise threat detection, leveraging anomaly detection technology, big data models and AI to combat evolving threats such as zero-day attacks, enabling AI-driven human-machine collaboration that surpasses AI in global security operations. In terms of attack strategy, adhering to the principle of "Know yourself and know your enemy, and you will never be defeated”, China Entercom strategically deploys AI to automate the penetration testing tools, scanning enterprises’ threat and attack surface from various aspects. Conducting precise penetration test for in-depth analysis of existing assets is critical in addressing potential security vulnerabilities. By integrating attack and defense strategies with red-blue cybersecurity practices, China Entercom is committed to providing comprehensive security solutions for enterprises amidst the global digital transformation.Win-Win Alliance: Striving together for New Opportunities in “Belt and Road”In the ever-changing global market environment, it is a must to navigate the business with holistic planning and execution of corporate strategies, while combining digitization and innovation to power the engine. As a healthcare industry pioneer, H&H Group overcomes challenges and thrives.During the journey of business expansion and globalization, H&H Group has been supported by China Entercom’s premium services that have achieved highly efficient network connection, stable operations and reliable protection of information security. Joe pointed out that the partnership between China Entercom and H&H Group is poised to tackle diverse global challenges, as H&H Group is a private enterprise with extensive international experience and global resources. In addition, this partnership is made possible not only by a solid technical foundation, but also on mutual recognition of each other’s brand and global reputation. Lastly, Joe suggested that enterprises interested in joining the “Belt and Road” Initiative should gain a clear insight into their own businesses in terms of the current IT operation and development needs, and partner with a well-established service provider such as China Entercom, achieving a win-win strategy.To facilitate the “Belt and Road” Initiative, Guo proposed the following suggestions: carrying out in-depth research into the legal systems, policies, cultural characteristics and social needs of the targeted markets for a smooth project implementation; strictly complying with international standards and local laws and regulations by strengthening compliance and security management; proactively perform social responsibility in terms of environmental protection and community contribution; forming a network of information technology application innovation industry (ITAI) to collaborate with top-class worldwide partners, and fostering growth and development through resource sharing and complementary strengths. He believed that the best practices of these suggestions are fully manifested in the partnership between China Entercom and H&H Group. In the future, this partnership will continue to accelerate the “Belt and Road” Initiative and sustainable development.About H&H GroupH&H Group is a global health and nutrition company. Dynamic, courageous and ambitious in its mission to make people healthier and happier, the Group strives to inspire wellness while contributing positively to the needs of society and the planet. The Group has three business segments – Baby, Adult and Pet Nutrition and Care – supporting whole-family health and happiness, with premium brands providing nutrition and wellness solutions backed by science.Consumer brands include Biostime, Swisse, Zesty Paws, Solid Gold Pet, Dodie, Good Goût and Aurelia London. For details, please visit www.hh.globalAbout China EntercomChina Enterprise ICT Solutions Limited (“China Entercom” or “CEC”), a subsidiary of the CITIC Group. With solid global knowledge, diversified industrial experience, successful cases and top-notch expertise, as well as incorporating extensive ICT resource coverage, global-local capabilities and world-class solutions, China Entercom stands as the trusted partner for comprehensive solutions, addressing customers’ specific ICT requirements and fostering their development along the “Belt and Road” and around the globe. For more information, please visit https://www.china-entercom.com/En/.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, embracing AI, AR, Big Data, IoT, and other cutting-edge emerging technologies to transform technical potential into business value for our customers. As an enterprise digital transformation partner, we strive to help our customers achieve industry-leading positions, high agility, and cost-efficiency through digitalization.With our Global-Local capabilities, we are committed to providing our customers with one-stop-shop ICT solutions with superior quality. Having a worldwide footprint across nearly 160 countries and regions, including Asia, Europe and America, Africa, the Middle East, and Central Asia, our global network resources connect nearly 170 points of presence (POPs), 60+ SDWAN gateways, 21 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.comMedia Contacts:Catherine YuenCITIC Telecom CPC(852) 2170 7536Email: catherine.yuen@citictel-cpc.com Copyright 2025 ACN Newswire via SeaPRwire.com.
More
Indonesia Economic Summit (IES) 2025 Brings Business Sector Collaboration to Drive High, Inclusive and Sustainable Economic Growth ACN Newswire

Indonesia Economic Summit (IES) 2025 Brings Business Sector Collaboration to Drive High, Inclusive and Sustainable Economic Growth

JAKARTA, Feb 18, 2025 - (ACN Newswire via SeaPRwire.com) - The Indonesia Economic Summit (IES) 2025 officially opened today in Jakarta, attended by more than 1,500 participants from 48 countries. The two-day summit (Feb 18-19), organized by the Indonesian Business Council (IBC), offers a forum for 100 speakers representing policy makers, business leaders, experts, and academics.Chairman of the IBC Supervisory Board Arsjad Rasjid said that IES 2025 focuses on two main topics, growth and prosperity, which are expected to be catalysts for real action in various sectors."We hope that IES 2025 is not just a gathering place but can be a turning point where ideas become concrete steps. We want to ensure that the discussions held at IES 2025 are able to create a significant impact in driving Indonesia's economic growth and realizing people's welfare," said Arsjad.Chairman of the IBC Supervisory Board Arsjad RasjidHe added that high, inclusive, and sustainable economic growth can only be achieved with strong collaboration in various sectors. IES 2025 also builds closer partnerships with the government to encourage policies that are pro-investment and pro-economic growth.IBC Chief Executive Officer Sofyan Djalil said that IES 2025 is expected to build momentum to strengthen the contribution of the private sector to encourage growth. This can be realized with the right public policies that can strengthen competitiveness and facilitate business and economic activities."IES 2025 bridges business leaders, economists, and policy makers to discuss strategic steps and policies to create a public policy climate that will encourage high, inclusive, and sustainable economic growth," said Sofyan.IBC COO William Sabandar explained that IES 2025 accommodates discussions with topics that are relevant to the economic challenges and opportunities faced by Indonesia amidst global geopolitical changes. The topics include: 1. Economic priorities and strategies to achieve economic growth, which requires a strategic vision and targeted policy priorities. 2. Monetary and financial policies to support high and sustainable economic growth, while balancing government spending and macroeconomic stability. 3. Ensuring industrial policies that encourage growth in the manufacturing sector and increase the contribution of the manufacturing industry to GDP as key to achieving sustainable economic growth. 4. Ensuring that Indonesia wins in the developing trade war, through a more active and diverse global trade strategy, including trade diversification, market expansion, and improving export performance.ParagonCorp Co-founder and IBC member Salman Subakat, who is also a speaker at the industry session at IES 2025, expressed his support for IBC's initiative to encourage closer collaboration between business actors and policy makers."We need policies that can encourage the business sector, especially the manufacturing industry, because this sector plays a major role in triggering high, inclusive, and sustainable economic growth," said Salman.IES 2025 has produced concrete commitments from various parties. Several memorandums of understanding (MoUs) were signed between the government, private companies, and international institutions to support strategic projects in the fields of renewable energy, digital infrastructure, and human resource development (HRD).One of the flagship projects announced was the development of a renewable energy center in Eastern Indonesia and a vocational training program to improve the competence of the local workforce. IES 2025 is expected to be a catalyst for the creation of real steps that can accelerate Indonesia's economic growth in a sustainable and inclusive manner.For more information about IES 2025, visit the official website: https://indonesiaeconomicsummit.com/.About the Indonesia Economic Summit (IES)The Indonesia Economic Summit (IES) is an annual initiative of the Indonesia Business Council (IBC). Initiated as a high-level forum for collaboration and innovation, IES seeks to promote competitiveness, inclusive growth, and sustainable prosperity for Indonesia. This forum reflects IBC's commitment to advancing Indonesia's role in the global economic arena.About the Indonesian Business Council (IBC)The Indonesian Business Council (IBC) is an association of CEOs and business/industry leaders of leading companies in Indonesia, established in February 2023. IBC seeks to promote and strengthen Indonesia's competitiveness, encourage collaboration, and enhance the contribution of the Indonesian private sector to economic growth and prosperity, through advocacy. https://business-council.id/.Media Contact:Ayu Dea: ayudea@onus.asiaKartika Susanti: kartika.susanti@business-council.id Copyright 2025 ACN Newswire via SeaPRwire.com.
More
GoDaddy Airo: An AI-Powered Revolutionary Solution for Asian Entrepreneurs and Small Business Owners ACN Newswire

GoDaddy Airo: An AI-Powered Revolutionary Solution for Asian Entrepreneurs and Small Business Owners

MANILA, Feb 18, 2025 - (ACN Newswire via SeaPRwire.com) - GoDaddy, a global leader in empowering entrepreneurs, unveiled GoDaddy Airo®, an innovative AI-powered experience set to transform small and medium-sized businesses sector. This groundbreaking new AI-powered experience enables entrepreneurs to establish a comprehensive online presence within minutes, bridging the gap between vision and digital reality.Selina Bieber, Vice President for International Markets at GoDaddy, emphasized the new experience’s significance, "GoDaddy Airo® provides accessible AI-powered tools for Asian entrepreneurs and business owners to realize the benefits of using AI technology to help build and grow their digital brands together effortlessly."The AI-driven features include instant brand creation, digital marketing tools, Search Engine Optimization, and a user-friendly interface that allows navigation of advanced features without technical expertise. GoDaddy Airo® generates custom logos, websites, and email addresses in moments, develops targeted social media calendar aligned with local events, and enhances online visibility with built-in email marketing campaigns.Many small business owners feel they face challenges in leveraging new technologies, primarily due to high implementation costs and lack of in-house technical expertise. GoDaddy Airo® eliminates these obstacles by providing cost-effective solutions accessible to businesses of all sizes, an intuitive design requiring no specialized skills, and comprehensive support and resources to confidently embrace AI technology and realize its benefits to their business operations.With the purchase of a domain name, GoDaddy Airo® leverages the power of AI to make it easy to start a business and take it to the next level with a user-friendly online interface that requires no technical expertise. Key features include: Logo Creation – Building a compelling visual identity is essential for any business but can be time-consuming and expensive. With GoDaddy Airo® entrepreneurs can generate unique, professional logos in minutes, providing a solid brand image without needing design expertise. Instant Website Development – One of the platform's standout features is its ability to generate complete websites instantly. Entrepreneurs can publish a functional site with personalized content within minutes, simplifying digital presence creation without technical skills. Automated Search Engine Optimization – GoDaddy helps businesses enhance their search rankings by providing suggestions to optimize their websites with targeted keywords and descriptions. AI analyses and recommends improvements, increasing visibility in search engine results and helping small businesses attract more customers. Professional Email Services – A company domain-based email not only builds customer trust but also promotes the brand with every message sent. Additionally, it is backed by advanced email security through Microsoft 365, with features such as proactive protection, email backup, archiving, and seamless migration. “GoDaddy Airo® can offer business owners new opportunities, while saving valuable time, so they can focus on building their brand, engaging with their customers and growing,” added Bieber.For more information on how GoDaddy Airo® can help your business, visit.About GoDaddyGoDaddy helps millions of entrepreneurs globally start and scale their businesses. People come to GoDaddy to name their idea, build a website and logo, sell their products and services, and accept payments. GoDaddy Airo®, the company’s AI-powered experience, makes growing a small business faster and easier by enabling them to get their idea online in minutes, drive traffic and boost sales. GoDaddy’s expert guides are available 24/7 to provide assistance. To learn more about the company, visit www.GoDaddy.com. Issued on behalf of GoDaddy.For more information, contact:Fekra Communicationsinfo@fekracomms.com Copyright 2025 ACN Newswire via SeaPRwire.com.
More
HKTDC twin jewellery shows set to shine next month ACN Newswire

HKTDC twin jewellery shows set to shine next month

- This year’s twin jewellery shows are bringing together some 4,000 exhibitors from more than 40 countries and regions- Nearly 70% of exhibitors are coming from outside Hong Kong, with an increase in the number of exhibitors from Japan and the UAE- In line with industry trends, the Hong Kong International Jewellery Show has introduced a Gold Jewellery Zone and also gathered affordable luxury jewellery, men's/unisex jewellery and other distinctively designed products- More than 30 seminars, networking activities and parades will be organised to foster industry dialogue and exchange insights on the latest market trendsHONG KONG, Feb 18, 2025 - (ACN Newswire via SeaPRwire.com) - The two world-class jewellery shows organised by the Hong Kong Trade Development Council (HKTDC) will open in early March in the successful "two shows, two venues” format. The 11th Hong Kong International Diamond, Gem and Pearl Show will be held at AsiaWorld-Expo from 2 to 6 March, showcasing a wide range of jewellery raw materials, while the 41st Hong Kong International Jewellery Show will be held at the Hong Kong Convention and Exhibition Centre in Wan Chai from 4 to 8 March, presenting a range of exquisite finished jewellery pieces. The twin shows will help exhibitors and buyers tap into global trade opportunities.Sophia Chong, Deputy Executive Director of the HKTDC, said: “This year's twin jewellery shows are bringing together some 4,000 exhibitors from more than 40 countries and regions, of which nearly 70% are coming from outside Hong Kong. Among them, exhibitors from Japan, Spain, French Polynesia, the United Arab Emirates, Mexico and Lebanon are all expanding their presence at the fairs. The two shows are expected to attract more than 110 buyer missions, demonstrating the HKTDC’s strengths in creating a world-class jewellery trading platform for the industry and reinforcing Hong Kong’s status as an international jewellery sourcing and trading hub."Despite the various challenges facing the global jewellery market, the value of fine jewellery exported from Hong Kong to the United States rose by more than 10% year-on-year in 2024, while exports to the European Union, the Middle East and ASEAN rose by 6.5%, 3.8% and 2.6% respectively.38 pavilions welcome global buyersThe twin jewellery shows have received strong support from industry players around the world for many years. In 2025, the shows feature 38 geographic and industry pavilions from Mainland China, Taiwan, India, Japan, Republic of Korea, Malaysia, Myanmar, Singapore, Sri Lanka, Thailand, Belgium, Germany, Italy, Spain, Türkiye, United Kingdom, Israel, Brazil, Colombia and the United States. In terms of industry pavilions, the Asia Jewelry Culture Design and Crafts Association is joining the show for the first time, while the Tanzanite Foundation, Asia Pacific Creator Association and International Colored Gemstone Association are all returning. In addition, the Hong Kong Jewellery & Jade Manufacturers Association is once again setting up a pavilion together with the Italian Exhibition Group (IEG), featuring jewellery-making machinery and technologies. The twin shows are attracting buyers from across the globe, covering large jewellery retail chains and both luxury and affordable jewellery and designer brands. Exhibitors and buyers alike will enjoy bountiful opportunities for industry exchange and collaboration.The HKTDC is always looking to optimise the sourcing experience for buyers worldwide through various initiatives. This year, special measures have been introduced to encourage more Muslim buyers to visit the shows, including providing 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 for Muslim buyers.Creative designs in focus, Gold Jewellery Zone makes debutTrendy and innovative products can help manufacturers stand out in the market. The theme of this year’s twin jewellery shows is Symphony of Sparkles, likening gemstone carving to the arrangement of musical notes, embodying the beauty of creation. This year's Designer Jewellery Galleria at the Hong Kong International Jewellery Show features exhibitors using filigree inlay technique, an almost-lost craft that is part of China’s intangible cultural heritage, to create fine designs. Among them are 18K gold wheat ears launched by Mainland China company Changzhou Yi'an Jewelry Co., Ltd (Booth: CEC 1CON-029) that won the Best Design Award in the 2019 Tiangong Awards. Many Hong Kong exhibitors are also using the shows to launch creative products, including Austy Lee Company Limited (Booth: CEC 1E-F32), which will introduce a snake-shaped necklace to mark the new lunar year, and Zuri Jewelry Company Limited (Booth: CEC 1E-C18), which is launching its "Panda and Bamboo" jewellery collection with cute designs modelled on An An and Ke Ke, the giant pandas in Hong Kong.The International Jewellery Show is proud to introduce the Gold Jewellery Zone in 2025 as a new showcase for novel designs. Exhibitors include Malaysian jewellery company CHL Innovation Industries Sdn Bhd (Booth: CEC 3E-D15) which is launching a series of affordable luxury gold jewellery sets suitable for daily wear, including a durian pendant that stands out with its unique local characteristics.With the goal of nurturing new design talents in the industry, the HKTDC had organised the International Jewellery Design Excellence (IJDE) Award and the 26th Hong Kong Jewellery Design Competition. The results will be announced at the Hong Kong International Jewellery Show with the winning designs going on display. In addition, the Young Jewellery Designer Arena has been added for this year’s show to spotlight the creativity and craftsmanship of up-and-coming designers.Rare and precious treasures in the spotlightThe two shows will continue to exhibit rare jewellery to attract buyers. At the International Jewellery Show, Hong Kong exhibitor Unique Brilliant Limited (Booth: CEC GH-C13) will showcase a pendant mounted with an extremely rare 40+ carat unheated Tanzanian ruby. At the Hong Kong International Diamond, Gem and Pearl Show, American exhibitor Emco Gem (Booth: AWE 7-H01) will present high-quality Colombian emeralds ranging from 9 to 15 carats while Indian exhibitor Fine Star Jewellery & Diamond (Booth: AWE 5-D23) will display a fancy yellow diamond of over 30 carats. Hong Kong exhibitor HYT International HK Limited (Booth: AWE 9-A23) will exhibit a heart-shaped pink diamond weighing 1.5 carats from Australia.Mens and unisex jewellery and affordable jewellery are all becoming increasingly popular. This year, nearly 200 exhibitors will be showcasing men’s jewellery, including Hong Kong exhibitor Austy Lee Company Limited (Booth: CEC 1E-F32) which will present the Tsuruhime Sen no Odori Brooch made of 18K rose gold with antique materials. In the affordable luxury jewellery category, Hong Kong exhibitors – G S Jewellery (Mfy) Co. Limited (Booth: CEC 1A-E36), IAD Jewellery Limited (Booth: CEC 1C-A12) and Kayra Creation Limited (Booth: CEC 1C-F18) – will all be showcasing their daily wear lines.30+ events explore hot topics such as sustainable development and AIMore than 30 industry-related seminars and networking activities will be held during the twin jewellery shows, covering topics such as sustainable development, jewellery technology, identification technology and other new industry trends. ISO certification expert CK Cheung and Edward Johnson, Corporate Social Responsibility Director from British company GEMFIELDS, will explain the latest developments in ISO and ESG certification and analyse how these certifications set standards for the industry and help propel its sustainable development.In the area of jewellery and identification technology, the shows will feature a series of seminars on design, craftsmanship and innovation. The Gemological Institute of America (GIA) will explain the heat treatment of gemstones and introduce new identification services for emerald fillings. Gübelin Gem Lab will explain how to apply various breakthrough technologies to establish more consistent and reliable standards, including AI-driven "Gemtelligence" technology and the use of blockchain technology and physical tracking markers to enhance market transparency in helping dealers and consumers verify the traceability information of materials.Combining online and offline services to boost sourcing efficiencyThis year’s twin jewellery shows will continue to use the EXHIBITION+ hybrid format. In addition to on-site procurement, the HKTDC AI-powered “Click2Match” will provide online business matching for exhibitors and buyers. Onsite buyers can use "Scan2Match" to scan exhibitors’ QR codes and continue discussions with exhibitors online during or after the show. To ease the buyer admission process, the HKTDC Marketplace App and the official websites of the two shows provide online verification functions. Buyers need only to register through these platforms and upload a photo and valid identification to obtain a verified eBadge for direct entry, greatly reducing queuing times for onsite registration and verification and enhancing sourcing efficiency.To help buyers visit the two shows, free shuttle buses to and from AsiaWorld-Expo and the city (including the Hong Kong Convention and Exhibition Centre in Wan Chai) will be arranged. For details, please refer to the fair website.Photo download: http://bit.ly/4k0NoWB Attending the press conference to introduce the twin jewellery shows today (18 February) were Sophia Chong, HKTDC Deputy Executive Director (centre), Winston Chow, Chairman, HKTDC Jewellery Advisory Committee (right) and Lawrence Ma, Chairman, HKTDC Hong Kong International Jewellery Show and HKTDC Hong Kong International Diamond, Gem and Pearl Show Fair Organising Committee (left)Sophia Chong (seventh left) took a group photo with members of the organising committee of the HKTDC Hong Kong International Jewellery Show and the Hong Kong International Diamond, Gem and Pearl Show, joined by a guest performerSoprano singer and artist Hedy (third right) led a group of models to exhibit exquisite jewellery pieces from the showsSoprano singer and artist Hedy wore a natural Burmese jadeite jewellery set presented by On Tung Company. The emerald-green and transparent jadeite diamond necklace, ring and earrings were elegantly matchedMen’s jewellery is a blue ocean market. Exhibitor Austy Lee Company Limited presented its fashionable and stylish Tsuruhime Sen no Odori Brooch made of 18K rose gold with antique materialsSoprano singer and artist Hedy, wearing a ruby jewellery set from Hatta New World Company Limited, sang the AI-generated theme song for the twin shows as the grand finale of today’s press conferenceWebsites Hong Kong International Jewellery ShowHong Kong International Diamond, Gem & Pearl ShowExhibition websitehttps://www.hktdc.com/event/hkjewellery/enhttps://www.hktdc.com/event/hkdgp/enShuttle bus detailshttps://www.hktdc.com/event/hkjewellery/en/travel-to-fairground-hkcechttps://www.hktdc.com/event/hkdgp/en/travel-to-fairground-aweActivity listhttps://www.hktdc.com/event/hkjewellery/en/intelligence-hubhttps://www.hktdc.com/event/hkdgp/en/intelligence-hubHKTDC 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. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.
More