ALUXE Unveils Enchanting New Winnie the Pooh Wedding Ring Collection ACN Newswire

ALUXE Unveils Enchanting New Winnie the Pooh Wedding Ring Collection

BeeLoved Wedding Ring (RBGDW005) SINGAPORE, Oct 3, 2024 - (ACN Newswire via SeaPRwire.com) - Imagine strolling hand in hand with your partner through the magical Hundred Acre Wood, surrounded by the beauty of nature. ALUXE captures this sense of wonder and romance in its latest release—the 2024 Winnie the Pooh Wedding Ring Collection. As a beloved extension of the ALUXE Disney collection, this collection continues to captivate hearts, spreading love and sweetness like honey.Drawing inspiration from Winnie the Pooh's love for the forest, flowers, and bees, this collection takes you on a charming journey through love. The three exclusive wedding ring sets—'Dream Garden,' 'Bloom with Love,' and 'BeeLoved'—feature a dazzling combination of yellow and white diamonds. These designs reflect Winnie the Pooh's playful nature and gentle sweetness, each piece symbolising everlasting love, making it the perfect companion for couples on their lifelong journey.BeeLovedA Sweet Symbol of DevotionInspired by the honeybee’s dedication, the BeeLoved rings celebrates the enduring strength and sweetness of love. The honeycomb-inspired hexagonal facets symbolise the intricate bond between two hearts, while sparkling white diamonds add a delicate touch of charm.BeeLoved Women’s Wedding Ring (RGDW005)Inspired by the honeycomb, this ring features a hexagonal facet design that symbolizes the enduring strength of love. The white diamonds add a touch of sweetness, making it a perfect piece to celebrate your love.BeeLoved Women’s wedding ring (RGDW005) 18K SGD 2,100BeeLoved Men’s Wedding Ring (RBDW005)With a minimalist aesthetic, the BeeLoved Men’s wedding ring is designed to complement its counterpart. Intricate honeycomb-inspired facets and warm gold tones subtly reflect the sweetness and strength of your bond. BeeLoved Men’s wedding ring (RBDW005) 18K SGD 1,780Dream GardenStep into a Romantic Floral WonderlandThe Dream Garden rings is a celebration of purity and romance, adorned with delicate floral designs and rare yellow diamonds. The rings symbolise a love that flourishes, just like a blooming garden filled with beauty and serenity.Dream Garden Engagement Ring (RSDW203)The band of this exquisite ring blooms like a flower, radiating pure love. The main diamond sparkles like a dewdrop in a forest, capturing attention with its charm. Yellow and white side diamonds accentuate the floral design, adding depth and reflecting the warmth and sincerity shared by every couple.Dream Garden Engagement Ring (RSDW203) 18K SGD 2,690 (Excluding Main Diamond)Dream Garden Women’s Wedding Ring (RGDW003)This delicate ring is adorned with three diamonds, with the central yellow diamond representing a butterfly gently landing, reflecting the forest’s most dazzling light. The elegant gold band, reminiscent of a winding forest path, leads to endless possibilities, symbolising the journey of love.Dream Garden Women’s wedding ring (RGDW003) 18K SGD 1,560Dream Garden Men’s Wedding Ring (RBDW003)The straight band of this ring symbolises a steady and strong connection. Intertwined yellow gold lines, representing two hands held together, add depth and uniqueness to the design. Wear it as a constant reminder of your unwavering love and commitment. Dream Garden Men’s wedding ring (RBDW003) 18K SGD 2,260Bloom With LoveCelebrate Everlasting Love in Full BloomInspired by a floral wreath, the Bloom with Love rings capture the essence of love that never fades. The intertwining yellow diamond flowers evoke the beauty of a radiant bouquet, symbolising the sweet affection shared by two souls.Bloom With Love Engagement Ring (RSDW204)Small diamonds symbolise blooming flowers encircling the central stone. The golden yellow diamond shines like a ray of sunlight, bringing vibrance to the design and symbolising the flourishing of love. The radiant yellow and white diamonds highlight the main diamond, capturing the couple's brilliance and sweetness.Bloom With Love Engagement Ring (RSDW204) 18K SGD 2,210 (Excluding Main Diamond)Bloom With Love Women’s Wedding Ring (RGDW004)A budding flower is elegantly wrapped in petals, beautifully shaped by a V curve, allowing it to stack effortlessly with a diamond ring to enhance its dimensionality. This ring symbolises a love that never fades, encircling the couple's journey to happiness with a unique and delicate charm.Bloom With Love Women’s wedding ring (RGDW004) 18K SGD 2,150Bloom With Love Men’s Wedding Ring (RBDW004)The undulating band is inspired by the sturdy trunk of a tree, symbolising unwavering support and protection. A subtle yet stylish piece, it offers a heartfelt way to keep your love close and cherished. Bloom With Love Men’s wedding ring (RBDW004) 18K SGD 1,610The Winnie the Pooh Collection is more than a set of rings—it represents a love story destined for eternity. From sweet honeycomb motifs to blossoming flowers, each detail embodies the purity, strength, and everlasting nature of love. These rings are a timeless symbol of commitment, honouring shared promises and cherished memories.ALUXE prides itself on precision craftsmanship and quality, offering couples a truly personalised expression of their love. With intricate designs and meaningful elements, each piece reflects the unique emotions shared by every couple. This collection continues the magic and whimsy of the ALUXE Disney collection, making it a perfect choice for couples who want to treasure their love story forever.Launching globally, the Winnie the Pooh Collection is set to be a top pick for 2024. Celebrate your love with ALUXE and let your love story shine in every exquisite detail.From now until 30th November, receive a complimentary jewellery box with every purchase from our Disney collection. Visit any ALUXE store or our official website to book your exclusive experience and explore this enchanting celebration of love.Visit any ALUXE store or the official website to book your exclusive experience and be among the first to explore this enchanting celebration of love.For Media Queries, Please Contact:Chua Sheng Rui: +65 9137 2102 // shengrui@swstrategies.orgAmirul Asyraf: +65 8448 4824 // amirul@swstrategies.orgAbout ALUXEALUXE is the first jewellery brand in Taiwan, embodying the perfect combination of happiness and jewellery. Starting as an online retailer, ALUXE's high-quality products and competitive prices gradually garnered more attention, which led to the opening of its first physical store in 2008 to offer even better products and services to customers around the world. ALUXE is currently present in Taiwan and Hong Kong, with Singapore’s flagship store located at ION Orchard and two other doors at the heartland areas.For more information, visit https://www.aluxe.com/sg-en/FB: https://www.facebook.com/aluxe.sgIG: https://www.instagram.com/aluxe_sg/Whatsapp: +65 8189 7721ALUXE LocationsION Orchard2 Orchard Turn, ION Orchard #B2-63, Singapore 238801Tel: +65 6015 0798Opening Hours: 10:00 - 21:30JEM50 Jurong Gateway Road, JEM #01-55, Singapore 608549Tel: +65 6992 2589Opening Hours: 11:00 - 21:30Tampines 110 Tampines Central 1, Tampines 1 #01-27 & 28, Singapore 529536Tel: +65 6022 1715Opening Hours: 11:00 - 21:30 Copyright 2024 ACN Newswire via SeaPRwire.com.
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CisgenX Awarded Smart Approved WaterMark Certification for Innovative Irrigation Solutions ACN Newswire

CisgenX Awarded Smart Approved WaterMark Certification for Innovative Irrigation Solutions

ADELAIDE, AUS, Oct 3, 2024 - (ACN Newswire via SeaPRwire.com) - Cisgenics, a global leader in intelligent irrigation solutions, has been awarded the prestigious Smart Approved WaterMark certification for its flagship product, CisgenX. This recognition highlights CisgenX's commitment to sustainability, precision, and efficiency in water management.CisgenX is transforming irrigation water requirements with a smart solution to provide the optimal amount of water for plants -- which reduces water and energy costs. By utilising real-time data from Internet of Things sensors, the solution determines what the optimal requirements are to ensure efficient and effective water usage, contributing to healthier plants and sustainable landscapes."CisgenX offers a solution that not only conserves water but also supports businesses in meeting their sustainability goals," said Sam Rebera, Managing Director of Cisgenics. "This certification validates our efforts to revolutionise water management with precision and innovation."Designed for ease of use, CisgenX’s technology is versatile and impactful, serving sectors such as agriculture, landscaping, sports fields, and urban green spaces. It reduces water consumption by 40% to 70% compared to traditional methods, making it a go-to solution for efficient water management.For more information, visit cisgenics.comAbout CisgenicsCisgenics is dedicated to revolutionising the irrigation industry through innovative, AI-powered solutions that optimise water and energy use, promote sustainability, and ensure the health and longevity of green assets worldwide. With more than 45 years of experience, Cisgenics combines deep industry knowledge with the latest technological advancements to offer precision, efficiency, and sustainability in water management. Visit cisgenics.com for more information.For more information, please contact:Illka GobiusManaging DirectorPINPOINT PR Pte. Ltd.Email: illka@pinpointpr.global Copyright 2024 ACN Newswire via SeaPRwire.com.
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ADvance Pilipinas: “The Future of Advertising: Convergence and Divergence” ACN Newswire

ADvance Pilipinas: “The Future of Advertising: Convergence and Divergence”

MANILA, Oct 3, 2024 - (ACN Newswire via SeaPRwire.com) - As one of Philippines' premium conference brands for Advertising and Marketing, ADvance Pilipinas is set to happen on November 15, 2024, Friday, in Manila Philippines. This year’s theme – “The Future of Advertising: Convergence and Divergence” will be emphasizing the dual forces shaping the advertising landscape. It will highlight both the integration and specialization aspects of modern advertising. The event will congregate more than 300 of the brightest and most influential Agencies, Brands, Publishers, Media Communities, and Technology Solutions Providers across the entire country to share their valuable insights into both integrating and specializing strategies, helping attendees navigate and excel in the changing world of advertising.Varies type of arrangements will be presented during the event such as Interactive Panel Discussions, Keynote/Solo Presentations, Booth Making Contests, One-to-one Private Meetings, Networking Sessions, and a lot more!Event Key Topics:1. Integrating Digital and Traditional Advertising Strategies2. Cross-Channel Advertising Measurement3. The Evolution of Consumer Behavior4. Creative Strategies for Mixed Media Campaigns5. Data-Driven Advertising6. Emerging Trends and Technologies7. Budgeting and Resource Allocation8. Building Brand Consistency Across Platforms9. Addressing Privacy and Compliance10. Engaging with Different Audience Segments11. Crisis Management and Adaptation12. Future Outlook: Convergence and DivergenceWhat to Expect?1. Keynote Speeches - Hear from the top industry experts as they share their vision on how convergence and divergence are shaping the future of advertising. These influential speakers will provide insights into emerging trends, innovative strategies, and the broader implications of the industry's evolution.2. Panel Discussions - Engage in dynamic discussions with the leading voices in the advertising about the latest trends, technologies, and challenges. Panels will feature diverse perspectives on how convergence and divergence are influencing advertising tactics, consumer engagement, and market dynamics.3. Networking Opportunities - Connect with peers, thought leaders, and potential collaborators during dedicated networking sessions. These opportunities will allow you to build valuable relationships, exchange ideas, and explore potential partnerships that can enhance advertising strategies.4. Exhibitor Showcases - Explore the latest products, services, and technologies from the leading companies in the advertising industry. Discover innovative solutions and gain insights into tools that can help you stay ahead of the curve.5. Case Studies - Learn from the real - world examples of successful advertising campaigns and initiatives. Case studies will illustrate how companies are navigating the convergence and divergence of advertising trends and achieving impactful results.6. Q&A Sessions - Participate in interactive Q&A sessions where you can pose questions directly to keynote speakers and panelists. This is a chance to gain clarity on complex topics and receive tailored advice from industry leaders.Don't miss the opportunity to be a part of the biggest event in the Philippine Advertising and Marketing! Witness how we gather all of the leading experts in the industry and share their thoughts and insights with very timely topics.About ADvance PilipinasADvance Pilipinas is proudly owned and managed by M.G.M. Technological Events Organizing Services. M.G.M. Technological Events Organizing Services is a full-service event management firm based in the Philippines that was created by pairing together our passion for business and events. We bring a fresh, unique approach to the event management industry. Our team understands that a properly executed event can be leveraged to support an organization’s strategic vision, incorporated into a company’s marketing plan, or used to build networks and client loyalty.Not only do we stay ahead of the curve with our event planning endeavors, we operate on a “Be First, Be Best” mentality, securing our position as trendsetters in the industry. From the planning phases to event execution, our team of experts and enthusiasts work hard to bring your event goals to life — interjecting thoughtful creativity along the way.Visit Us:www.advancepilipinas.comhttps://www.linkedin.com/company/advance-pilipinas/ Media Contact:Ms. Jimby DeeEvent HeadTel No.: +639917241338Email Us: information@advancepilipinas.com Copyright 2024 ACN Newswire via SeaPRwire.com.
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Insightful Discussions on eMobility Await: Join Influential Speakers at London EV Show 2024 ACN Newswire

Insightful Discussions on eMobility Await: Join Influential Speakers at London EV Show 2024

LONDON, Oct 2, 2024 - (ACN Newswire via SeaPRwire.com) - The London EV Show 2024 has secured an impressive lineup of top experts from across the mobility value chain. This includes influential policymakers, industry associations, EV manufacturers, innovators in charging infrastructure, battery management specialists, and fleet management professionals, providing a vital opportunity for meaningful engagement for anyone seeking to navigate the future of electric transportation.The event's agenda is rich with insights into the latest advancements and breakthroughs within the electric vehicle sector. Key topics of discussion will include, the United Kingdom's EV outlook and transition to net-zero, electrifying mobility and transportation as a journey towards a sustainable future, and navigating the global EV landscape through policies, regulations, and outlook. Additionally, discussions will cover urban mobility and smart cities, powering the future with electrification across air, sea, and land transportation, and the cleantech and decarbonisation of the global transport sector.Other important topics pertain to empowering women in the electric vehicle industry, cybersecurity in EVs, consumer behaviour, and market trends, as well as investing in the global EV revolution. The agenda also addresses battery management systems and charging infrastructure, EV charging systems and payment solutions, and the relationship between charging, battery technology, and the supply chain.Notable speakers who have confirmed their participation at #LEVS24 include: Alex Gilbert, Head of Energy and Electrification, Commercial Development at Transport for London; Stuart Murphy, Head of Fleet Transformation and Integration at Royal Mail; Mete Coban, Deputy Mayor of London for Environment and Energy at Greater London Authority; James Rooney, Head of Road Fleet at Network Rail; Stephen Elderkin, Director of Environmental Sustainability at National Highways; Olly Craughan, Head of Sustainability at DPD UK; Alex Veitch, Director of Policy and Insights at British Chambers of Commerce; Dr. Roger Tyers, Transport Policy Specialist at the House of Commons Library; Sofia Stayte, Head of Future of Flight Policy at the Department for Transport UK; H.E. Rafael Ortiz Fabrega, Ambassador of Costa Rica in the United Kingdom and Northern Ireland at the Embassy of Costa Rica; Oliver Adrian, Head of EV Charging & Energy Strategy at Ford Motor Company; Marc Palmer, Brand Insight Director at Auto Trader UK; Marina Lussich, Principal, Operations Sustainability at Amazon; Dr. David Storer, Director of Research, Innovation and New Mobility at CLEPA - European Association of Automotive Suppliers; Amy Stokes, Head of e-mobility at Volvo; Matthew Eastwood, Head of EV Infrastructure, Consumer Incentives and Fleets at Transport Scotland; Andrew Grant, Head of Intelligent Mobility at Bloomberg NEF; Abby Chicken, Head of Sustainability at Openreach; Baerte De Brey, Vice President at AVERE. Check The Whole List HereThe London EV Show 2024 is a one-stop destination for anyone passionate about electric mobility. It offers a chance to connect with industry leaders and innovators, engage in dynamic discussions, and explore the latest trends and technologies shaping the future of transportation.Don’t miss this opportunity to make a meaningful impact! For further information, please reach out to us at press@valiantandcompany.com Copyright 2024 ACN Newswire via SeaPRwire.com.
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NEFECON Included in 2024 KDIGO Clinical Practice Guidelines

HONG KONG, Oct 2, 2024 - (ACN Newswire via SeaPRwire.com) - Recently, Everest Medicines has announced another positive development. The company’s lead product, NEFECON, as the only in-disease IgA nephropathy (IgAN) treatment, has been included in the “KDIGO 2024 Clinical Practice Guideline for the Management Of Immunoglobulin A Nephropathy (IgAN) and Immunoglobulin A Vasculitis (IgAV) (Public Review Draft)” (hereinafter referred to as the “New Guidelines (Draft)”), recommending treatment with a 9-month course of NEFECON for patients who are at risk of progressive kidney function loss with IgAN (2B). This significant milestone further solidifies Everest Medicines' leadership in the treatment of IgAN and brings new hope to IgAN patients worldwide.NEFECON Ushering in a New Era of Standardized Treatment of IgA NephropathyAccording to the New Guidelines, NEFECON is the only treatment to date proven to reduce levels of pathogenic forms of IgA and IgA immune complexes. The inclusion of NEFECON in the New Guidelines Draft solidifies NEFECON as the first-line cornerstone in the treatment of IgAN, ushering in a new era of standardized treatment. With the imminent release of China’s first-ever IgAN guidelines, NEFECON is expected to be recommended as the first-line treatment for IgAN patients at risk of disease progression, further reinforcing its pivotal role in clinical practice.According to Everest Medicines’ recent financial reports, NEFECON has generated RMB 167.3 million in sales revenue just over a month after its commercial launch and first prescription in mainland China in May 2024, demonstrating strong market demand. NEFECON has been commercially launched in mainland China, Macau, and Singapore, and has also been approved in Hong Kong. The New Drug Application (NDA) of NEFECON has been accepted in South Korea, signaling steady progress in global commercialization.In the second half of 2024, Everest Medicines will continue to promote the sales of NEFECON in mainland China and other regions in the Asia-Pacific, while actively participating in China’s National Reimbursement Drug List (NRDL) negotiations to further enhance the affordability and accessibility. It is expected that 2025 will be a breakout year for NEFECON sales, with promising potential for the future.Core Products Performing Strongly, Differentiated Pipeline Further RefinedAccording to Everest Medicines’ interim results for the first half of 2024, the company’s total revenue reached RMB 301.5 million, marking a significant growth of 158% compared to the second half of 2023, and achieved commercial level profitability. The commercial launch of NEFECON has been a key driver behind this revenue growth. In addition, XERAVA (eravacycline), the world’s first-in-class fluorocycline antibiotic, also performed exceptionally well, generating RMB 134.2 million in sales in the first half of 2024. As the availability of XERAVA expands to reach more patients, its revenue is expected to grow further.Within the autoimmune disease portfolio, the lead product VELSIPITY (etrasimod) has been approved in Macau and Singapore, with plans to submit a New Drug Application (NDA) in mainland China and Hong Kong in the second half of 2024, alongside a commercial launch in Macau. Everest Medicines is expected to have three commercialized products by the end of 2024, further refining its differentiated pipeline development and driving the company into a new phase of growth.In terms of innovative R&D, Everest Medicines owns a proprietary mRNA development platform with full intellectual property and global rights, focusing on developing both preventive and therapeutic self-developed mRNA products. In August 2024, Everest announced the launch of the first-in-human Investigator-Initiated Clinical Trial (IIT) for EVM16, a personalized mRNA cancer vaccine program. Everest Medicines is anticipated to submit investigational new drug applications in the United States and China in 2025 for EVM14, a Tumor-Associated Antigens (TAA) cancer vaccine program.In addition, EVER001, a next-generation covalent reversible BTK inhibitor, with global rights, is under development for the treatment of renal diseases worldwide. The company is expected to announce the topline results of its Phase 1b study in membranous nephropathy in the second half of 2024.With the company’s dual-engine strategy of in-house discovery and global in-licensing, Everest Medicines continues to expand its product pipeline and drive business growth. The company maintains its revenue guidance of RMB 700 million for 2024 and remains confident in achieving cash flow break-even by the end of 2025.With NEFECON being included in multiple authoritative domestic and international treatment guidelines, along with the ongoing R&D and promotion of numerous core products. Everest Medicines has once again demonstrated its leading position in the global biopharmaceutical field. Armed with its robust pipeline and continuous innovative R&D capabilities, the company is steadily advancing towards becoming a top-tier player in the global pharmaceutical industry. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Graid Technology Inc. and KLC Group Forge Groundbreaking Partnership to Redefine High-Speed RAID and Data-at-Rest Security ACN Newswire

Graid Technology Inc. and KLC Group Forge Groundbreaking Partnership to Redefine High-Speed RAID and Data-at-Rest Security

SANTA CLARA, CA, Oct 1, 2024 - (ACN Newswire via SeaPRwire.com) - As data demands surge in today's hyper-competitive landscape, organizations are constantly seeking solutions that balance cutting-edge security with uncompromised performance. A new strategic partnership between Graid Technology, creators of SupremeRAID™, and KLC Group, innovators behind CipherDriveOne Plus, is set to redefine this balance with a first-of-its-kind solution for high-speed storage and NSA CSfC-certified Data-at-Rest (DAR) Security.Graid Technology Inc. and KLC Group Secure Groundbreaking Partnership to Disrupt High-Speed RAID and Data-at-Rest SecurityAt the core of this collaboration is a novel approach to data security. Combining the National Security Agency's (NSA) Commercial Solutions for Classified (CSfC) Data-at-Rest (DAR) Security guidelines, the joint solution integrates encryption, access controls, and authentication to deliver military-grade data protection. This breakthrough is designed to meet the critical needs of government contractors and organizations that require NSA CSfC-certified protection alongside high-performance RAID storage.While CipherDriveOne Plus provides robust hardware-based full-disk encryption, traditional RAID solutions have presented challenges, including drive-locking mechanisms that limit the performance of CSfC-compliant NVMe SSDs or spinning disks. SupremeRAID™ by Graid Technology offers a groundbreaking alternative. As a GPU-accelerated software RAID, SupremeRAID™ eliminates the bottlenecks and limitations of hardware RAID, allowing CSfC-compliant systems like CipherDriveOne Plus to operate without compromising authentication processes or drive performance. This results in superior data protection and seamless NVMe SSD operation.CipherDriveOne Plus, a Hardware Full Disk Encryption - Authorization Acquisition (AA) solution, is designed to meet the U.S. Government's strict Data-at-Rest (DAR) standards. It provides key management, encryption, and authentication over OPAL 2.0 self-encrypting SSDs or HDDs, ensuring immediate data protection that is OS-agnostic and governed by FIPS-140-2 level key encryption with options for single, two-factor, or multi-factor authentication."We are thrilled to embark on this new journey with our esteemed partner, where innovation meets collaboration. Together, we have achieved remarkable milestones and won several government customers in a short time. There is no other solution capable of our joint technology in the market today," said Kurt Lennartsson, CEO of KLC Group."By joining forces with KLC Group, we are redefining the performance and security benchmarks in high-performance computing, AI, and diverse industries reliant on data-intensive operations," stated Leander Yu, President and CEO of Graid Technology. "The collaboration between SupremeRAID™ and CipherDriveOne Plus not only enhances performance but also ensures comprehensive data protection, scalability, and flexibility."To explore the advanced data protection and storage performance offered by this partnership, download the solution brief.For more information:Graid Technology: https://www.graidtech.com/federal-and-public-sector/KLC Group: https://klc-group.com/CipherDriveOne: https://www.cipherdriveone.comAbout KLC Group and CipherDriveOneKLC Group is a leading provider of cybersecurity solutions, dedicated to safeguarding organizations from evolving cyber threats. With a focus on innovation and excellence, KLC Group has consistently delivered cutting-edge security solutions tailored to meet the unique needs of its clients. Learn more: www.klc-group.comAbout Graid Technology and SupremeRAID™Graid Technology is led by a dedicated team of experts with decades of experience in the SDS, ASIC, and storage industries, and continues to push boundaries in data storage innovation by protecting NVMe-based data from the desktop to the cloud. Cutting-edge SupremeRAID™ GPU-based RAID removes the traditional RAID bottleneck to deliver maximum SSD performance without consuming CPU cycles or creating throughput bottlenecks, delivering unmatched flexibility, performance, and value. With headquarters in Silicon Valley supported by a robust R&D center in Taiwan, we are globally committed to spearheading advancements in storage solutions. For detailed product information, visit our website, or connect with us on Twitter (X) or LinkedIn.Contact InformationAndrea EakenDirector of Marketing, Americas & EMEA | Graid Technologyandrea.eaken@graidtech.com949-742-9928John C. MyungPresident, KLC Groupjohn@klc-group.com408-614-1414Related FilesSupremeRAID and CipherDriveOne Solution Brief_2024SOURCE: Graid Technology Inc. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Doubleview Provides Exploration Update at the Hat Polymetallic Mineral Deposit, 2024 Drilling Now Exceeds 7,500 m ACN Newswire

Doubleview Provides Exploration Update at the Hat Polymetallic Mineral Deposit, 2024 Drilling Now Exceeds 7,500 m

Vancouver, British Columbia--(Newsfile Corp. - October 1, 2024) - Doubleview (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) ("Doubleview" or the "Company") is pleased to announce that the 2024 drilling program at the Hat polymetallic mineral deposit, located in Northern British Columbia, has now surpassed 7,500 meters and is continuing. The company anticipates receiving the first assay results of the 2024 drilling season in the very near future. The drilling program will expand the mineral resource, infill areas with limited drill data, and extend the lateral and depth boundaries of the existing resource envelope, which remains open in all directions and at depth.The 2024 drill targets recognize the mineral resource block model from the recently completed Mineral Resource Estimate (MRE) and will increase the mineral resource and upgrade the confidence level of the resource categories. The drilling has met expectations, with visual results aligning with and confirming the block model's projections. The Hat deposit hosts several critical minerals as defined in the Canadian Critical Minerals Strategy, including copper, cobalt and, potentially, scandium, and possibly others.Farshad Shirvani, president & CEO of Doubleview, commented, "Year by year, the size of the Hat deposit has been increased by very targeted drilling, bringing it to a footprint of about 1.5km x 1.38km. Our technical and management team has excelled in this endeavor. Furthermore, we've discovered numerous additional elements within the Hat deposit that may become significant and enhance the resource: the Hat deposit may be unique among British Columbia's many. Recent moves by the governments of Canada and British Columbia in recognize the importance of critical minerals and announce targeted infrastructure investments in support of our industry and the many communities and businesses that directly benefit."Selected Drill Results Prior to 2024 Exploration:Every year Doubleview releases details of the year's drilling and activities. The Company website maintains all relevant information. Visual estimates indicate that 2024 drilling has exceeded expectations and will further validate the resource model and increase the dimensions of the mineral resource envelope. Table 1 provides previously announced key intersections, including copper equivalents and selected significant intercepts. These results, combined with the ongoing drilling program, are expected to further validate the Hat deposit's resource model and increase the dimensions of the Hat mineral resource envelope.Table 1: Selected drill results based on current commodity values applied in the resource estimate for the Hat deposit. For further details, refer to the full disclosure available on SEDAR+. https://www.newsfilecorp.com/release/225206Notes:- Metal equivalents should not be relied upon for future evaluations.- Drill hole intercepts included in this news release are core lengths that may or may not be true widths of mineralization. It is not possible to determine true widths.- Parameters used to calculate Copper Equivalent:Au price (US$/oz): 1900; Ag price (US$/oz): 24; Cu price (US$/lb): 4; Co price (US$/lb): 22.Au recovery: 89.0%; Ag recovery: 68.0%; Cu recovery: 84.0%; Co recovery: 78.0%.* Copper Equivalent CalculationCuEq in % = ([Ag grade in ppm] *24*0.68/31.1035 + [Au grade in ppm] *1900*.89/31.1035 + 0.0001* [Co grade in ppm] *22*0.78*22.0462 + 0.0001* [Cu grade in ppm] *4*0.84*22.0462)/(4*22.0462*0.84). Scandium is not part of the copper equivalent calculation.Core Samples Drill cores are processed at the Hat camp by an initial of examination by a senior geologist followed by detailed measurement and half-core sampling. One core half is retained at site for possible future re-examination and/or re-sampling for confirmation purposes, the other half is given a unique identification number, bagged and securely forwarded to an independent ISO-certified analytical laboratory for assaying. All standard QA/QC protocols are observed. Significant drill hole data and assay results will be released when received from the laboratory.Doubleview maintains a website at www.doubleview.ca. where previous assay results can be viewed.Qualified Persons:Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.About DoubleviewA mineral resource exploration and development company is headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX-Venture Exchange [TSX-V: DBG], [OTCQB: DBLVF], [GER: A1W038], and [Frankfurt: 1D4]. Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects-collectively critical minerals-utilizing cutting-edge exploration techniques.Doubleview's success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company's strategic initiatives. Doubleview looks forward to further collaborative growth and development, and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.About the Hat Polymetallic DepositThe Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region's significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company's July 25, 2024 news release, is summarized below: Average GradeMetal ContentOpen Pit Model HatResource CategoryTonnageCuEqCuCoAuAgCuEqCuCoAuAgMt%%%g/tg/tmillion lbmillion lbmillion lbthousand ozthousand ozIn PitIndicated1500.4080.2210.0080.190.421,353733289292,045Inferred4770.3440.1850.0090.150.493,6191,945912,3287,575 Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3.For further details, please refer to the Company's July 25, 2024 news release.On behalf of the Board of Directors,Farshad Shirvani, President & Chief Executive OfficerFor further information please contact:DoubleviewVancouver, BC Farshad ShirvaniPresident & CEOInstitutional Investor Line: (604) 607-5470T: (604) 678-9587E: corporate@doubleview.caNEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the Mineral Resource Estimate and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225206 Copyright 2024 ACN Newswire via SeaPRwire.com.
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Kincora Copper Announces Mongolian Earn-In Finalised with Drilling to Commence ACN Newswire

Kincora Copper Announces Mongolian Earn-In Finalised with Drilling to Commence

Final documents executed and shareholder approvals gained for an earn-in and joint venture agreement for Kincora's Mongolian assets with Woomera Mining Limited (ASX: WML) (Woomera) Woomera to now commence an aggressive initial drilling program at the Bronze Fox copper-gold project including testing the potential for a shallower higher-grade structural zone and resource expansion drilling coupled with a second mining license conversionWoomera has the right to spend up to US$4 million to earn an 80% interestKincora has received $100,000 in cash payments and will shortly be allotted 180m shares and 180 attaching options in Woomera, becoming Woomera's largest shareholderAgreement allows Kincora to focus on the flagship NSW copper-gold projects located in highly prolific Macquarie Arc and follows the strategy of doing deals with funding and technical partners to unlock the value of the existing project pipelineMelbourne, Australia--(ACN Newswire via SeaPRwire.com - September 30, 2024) - Kincora Copper Limited (ASX: KCC) (TSXV: KCC) (Kincora or the Company) is pleased have executed final agreements that provide Woomera, an arms length and unrelated party, the right to earn into the Company's wholly owned Mongolian subsidiaries and thereby obtain exposure to the Company's Bronze Fox copper-gold project, located in the world-class and rapidly emerging Southern Gobi copper belt.All requisite approvals and conditions precedent have now been met and include:The finalisation of the second tranche of Woomera's $1.7m capital raising via shareholder approval on September 25th, 2024 (with a further Share Purchase Plan taking place);Both parties entering into a final Earn-in Implementation Agreement ("EIA", executed September 29th, 2024) to reflect the terms of Woomera's operations of the Bronze Fox project with all shareholder and regulatory approvals now met;Drilling to now shortly commence for an initial 2250-3250m diamond core program planned before year end, targeting a shallower higher-grade structural zone, to also increase the existing resource base and supporting an application for a second mining license for the full Bronze Fox project; and,The issue of 180m shares reflecting $450,000 in scrip consideration and 180m options exercisable at $0.005 expirying July 31st, 2026 to Kincora (the same terms as the recent Woomera capital raising), with Kincora becoming the largest shareholder in Woomera.Sam Spring, President and CEO of Kincora, stated,"As Woomera's largest shareholder and retaining a very attractive asset level exposure we are very excited to be entering what we expect to be a transformational period with a high impact drilling program to commence in early October. This program is expected to achieve a number of very significant value catalysts and highlight Bronze Fox's strategic value as the fourth major porphyry district in the world-class Southern Gobi copper belt."About Woomera Woomera Mining Limited (ASX: WML) (Woomera) is an Australian public exploration company with a mandate for large scale new discovery opportunities backed by a team and shareholder register with very considerable prior successes.In Australia, Woomera has a portfolio of assets prospective for battery metals (lithium nickel, copper + PGEs) and gold in the Ravensthorpe Yilgarn and Ashburton areas of Western Australia plus the Musgrave Province in South Australia, along with copper-gold mineralisation in the Gawler Craton of South Australia.For more information, please visit Woomera's website at https://www.woomeramining.com.au.About Kincora Kincora Copper is dual listed on the ASX and TSX-V (ticker "KCC") and is an active explorer and project generator focused on world-class copper-gold discoveries that has recently executed four agreements that unlock up to A$60 million in multiple year partner funding. Further deals and new projects that offer a clear value path and targeted partnerships are proposed.Kincora's portfolio includes district scale landholdings and scale-able drill ready targets in both Australia and Mongolia's leading porphyry belts, the Macquarie Arc and Southern Gobi, respectively, and, the Company is targeting exposure to initially 10,000 and then 30,000m+ pa of drilling.For more information please visit Kincora's website at www.kincoracopper.com.This announcement has been authorised for release by the Board of Kincora Copper Limited (ARBN 645 457 763)For further information please contactKincora Copper LimitedSam Spring, President and Chief Executive Officer +61431 329 345Cerberus AdvisoryDuncan Gordon, Executive Director+61404006444 Kincora Copper LimitedExecutive office 400 - 837 West Hastings Street Vancouver, BC V6C 3N6, Canada Tel: 1.604.283.1722, Fax: 1.888.241.5996Subsidiary office Australia Vista AustraliaLevel 4, 100 Albert RoadSouth Melbourne, Victoria 3205 Disclaimer and Previously Reported InformationThe scientific and technical information this announcement is extracted from reports lodged as market announcements referred to above, quarterly reports, project summaries and are available on the Company's website www.kincoracopper.com .The Company confirms that it is not aware of any new information that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed.Forward-Looking StatementsCertain information regarding Kincora contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Kincora believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Kincora cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Kincora currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and is subject to change after that date. Kincora does not assume the obligation to revise or update these forward-looking statements, except as may be required under applicable securities laws.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) or the Australian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/225009 Copyright 2024 ACN Newswire via SeaPRwire.com.
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Q2 Metals Drills 215.6m at 1.69% Li2O including 64.6m at 2.29% Li2O at the Cisco Lithium Property, James Bay, Quebec, Canada ACN Newswire

Q2 Metals Drills 215.6m at 1.69% Li2O including 64.6m at 2.29% Li2O at the Cisco Lithium Property, James Bay, Quebec, Canada

Highlights:Strong analytical results from the inaugural drilling campaign for Q2 Metals include:CS-24-018: Widest interval of215.6 m at 1.69% Li2O, including 64.6 m at 2.29% Li2O.CS-24-011: Widest interval of 81.8 m at 1.17% Li2O.CS-24-013: Widest interval of 59.5 m at 1.18% Li2O.Core assay results remain to be reported on six (6) additional drill holes completed during the Summer 2024 Drill Campaign.Q2 Metals Corp. (TSXV:QTWO)(OTCQB:QUEXF)(FSE:458) ("Q2" or the "Company") is pleased to report the core assay results on drill holes CS-24-011 to CS-24-016 and CS-24-018 from the Spring 2024 Drill Campaign at the Cisco Lithium Property (the "Property" or the "Cisco Property") located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of Quebec, Canada. All drill holes intersected pegmatite with visual indications of spodumene mineralization identified."These assays continue to validate the potential and scale of the Cisco Property as that of a larger mineralized system," stated Neil McCallum, Vice President Exploration of the Company. "One important observation of these results is the higher-grade nature of the larger mineralized system as we test and track the system progressing to the south.""We are extremely pleased with these assay results, which continue to demonstrate the world-class nature of the Cisco Project," said Alicia Milne, President and Chief Executive Officer of Q2 Metals. "It is difficult to ignore the significance of what we've discovered at Cisco and our team is committed to continuing to unlock Cisco's full potential."A total of 6,359.7 metres ("m") was drilled over 17 holes during the Spring and Summer 2024 Drill Campaigns.The analytical results reported herein represent 2,318.4 m of drilling over seven (7) holes during the drill campaigns with core assay results remaining to be reported on six (6) additional drill holes that were completed.Complete highlighted intervals from holes CS-24-011 to 016 and CA-24-018 are summarized in Table 1 and represented in Figure 1, with two cross sections in Figures 2 and 3.Figure 1. Map of Recent Drill Hole Analytical Results at Cisco PropertyDrills holes CS-24-011 to CS-24-015 targeted the extension of the CO1 outcrop area towards the CO3 outcrop area.Drill hole CS-24-011 was the most significant interval near CO1, which returned results of 81.8 m of 1.17% Li2O. The hole was a 70 m westward step out from previously reported drill holes CS-24-009 and 010 which had similar results of 82.1 m of 1.43% Li2O and 120.3 m of 1.72% Li2O, respectively (Figure 1 and Cross Section A- Figure 2).As seen in the Cross Section B (Figure 3), many of the western drill holes (CS-24-012 to 015) had several narrower intervals between three (3) and 30 m wide (see Table 1). Drill hole CS-24-016 tested directly below the CO1 outcrop to understand the continuity of mineralization in that region, with 15.8 m of 1.33% Li2O.Drill hole CS-24-018 is the first hole with analytical results to confirm the large, mineralized zone to the south with results of 215.6 m at 1.69% Li2O, including 64.6 m at 2.29% Li2O. The wide mineralized zone in drill hole CS-24-018 is at a depth of between 130 and 270 m vertically below the surface, with the first significant mineralized interval at a depth of only 35 m vertically below the surface.Figure 2. Cross Section A (looking northeast)Figure 3. Cross Section B (looking northeast)Table 1. Summary of Analytical Results of Spring Drill Holes at Cisco PropertyAll intervals of greater than 2 m of core-length are included in the table. Internal dilution of non-pegmatite material was limited to intervals of less than 5 m. No specific grade cap or lower cut-offs were used during grade and width calculations. All intervals are reported as core widths and mineralized intervals in all the holes drilled thus far are not representative of the true width as the modelled pegmatite zones are being refined with every additional hole. Drill hole collar information has been previously reported for each drill hole reported herein and is also available at: https://www.q2metals.com/property/cisco-lithium-property/.Due to the Quality Assurance/Quality Control (QA/QC) protocols in place by both the Company and the analytical laboratory (SGS Canada), drill hole CS-24-017 was re-submitted for testing. Results will be reported when received and reviewed by the Company.About the Cisco PropertyThe Cisco Property is comprised of 222 mineral claims and is 11,374 hectares in size. It is located less than 10 kilometres ("km") east of the Billy Diamond Highway, and is approximately 150 km north of Matagami, a small town that contains the closest rail link to much of James Bay. The Property lies within the greater Nemaska Community lands of the Eeyou Istchee Territory, James Bay, Quebec.The Property is situated along the Frotet Evans Greenstone Belt, comprised of a volcanic package dominated by mafic to felsic metavolcanic rocks, of the southern James Bay Lithium District, the same belt that hosts the Sirmac and Moblan lithium deposits, located 130 km and 180 km away, respectively.Sampling, Analytical Methods and QA/QC ProtocolsAll drill core samples were shipped to SGS Canada's preparation facility in Val D'Or, Quebec, for standard sample preparation (code PRP92) which includes drying at 105°C, crushing to 90% passing 2 mm, riffle split 500 g, and pulverize 85% passing 75 microns. The pulps are then shipped by air to SGS Canada's laboratory in Burnaby, BC, where the samples are homogenized and subsequently analyzed for multi-element (including Li and Ta) using sodium peroxide fusion with ICP-AES/MS finish (code GE_ICM91A50). The reported Li grade was reported by SGS Canada as lithium oxide (Li2O). Drill core was saw-cut with half-core sent for geochemical analysis and half-core remaining in the box for reference. The same side of the core was sampled to maintain representativeness.A Quality Assurance / Quality Control (QA/QC) protocol following industry best practices was incorporated into the sampling program. Measures include the systematic insertion of quartz blanks and certified reference materials (CRMs) into sample batches at a rate of approximately 5% each. Additionally, analysis of pulp-split and reject-split duplicates was completed to assess analytical precision. The QP has verified the QA/QC results of the analytical work.Qualified PersonNeil McCallum, B.Sc., P.Geol, is a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by NI 43-101 and has reviewed and approved the technical information in this news release. Mr. McCallum is a director and VP Exploration for Q2.About Q2 Metals CorpQ2 Metals is a Canadian mineral exploration company focused on unlocking its portfolio of lithium projects in the Eeyou Istchee James Bay region of Quebec, Canada, that includes both its 100-per-cent-owned Mia Lithium Property and the Cisco Lithium Property.The Cisco Lithium Property is located approximately 150 km north of Matagami, Que., and comprises 222 mineral claims and is 11,374 ha in size. The property has district-scale potential with an already identified mineralized zone and a discovery drill result that included 120.3 metres at 1.72% Li2O (hole CS-23-010).FOR FURTHER INFORMATION, PLEASE CONTACT:Alicia MilnePresident & CEOAlicia@Q2metals.comJason McBrideCorporate CommunicationsJason@Q2metals.comTelephone: 1 (800) 482-7560E-mail: info@Q2metals.comWWW.Q2Metals.comFollow the Company: Twitter, LinkedIn, Facebook, and InstagramForward-Looking StatementsThis news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company's properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions.Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Forward looking statements in this news release include, but are not limited to, drilling results on the Cisco Property and inferences made therefrom, the potential scale of the Cisco Property, the focus of the Company's current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company's expectations in connection with the projects and exploration programs being met, the Company's objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile at www.sedarplus.ca.Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.SOURCE: Q2 Metals Corp. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Wadaoki Forest at the Mihara Machinery Works Certified as ‘Nationally Certified Sustainably Managed Natural Site’ by Ministry of the Environment ACN Newswire

Wadaoki Forest at the Mihara Machinery Works Certified as ‘Nationally Certified Sustainably Managed Natural Site’ by Ministry of the Environment

TOKYO, Oct 1, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) announces that its "Wadaoki Forest," a forested area cultivated near the site of the company's Wadaoki Plant at the Mihara Machinery Works in Mihara, Hiroshima Prefecture, has been certified as a "Nationally Certified Sustainably Managed Natural Site" by Japan's Ministry of the Environment.A "Nationally Certified Sustainably Managed Natural Site" is a system in which the national government certifies areas where biodiversity is being conserved through private-sector efforts, part of the effort aimed at achieving "30by30," an international target to effectively conserve at least 30% of land and sea areas as healthy ecosystems by 2030. Certified areas will also be registered in international databases as OECMs (Other Effective area-based Conservation Measures)."Wadaoki Forest" is an 8.3-hectare forest cultivated by MHI, started in 1974 when the company began planting trees on land that originally had no vegetation. Over the last 50 years, through proper maintenance and management, MHI has created a landscape that is in harmony with the natural environment around the plant, as well as a healthy ecosystem where about 40 species of birds can be seen throughout the year. "Wadaoki Forest" was recognized for its value as an "area for provision of ecosystem services, where there exists a healthy ecosystem consisting of a variety of plant and animal species, mainly native species." MHI will continue its efforts to conserve biodiversity.The Mihara Machinery Works, as a pilot plant for achieving carbon neutrality, has been at the forefront of MHI Group's environmental initiatives. As a result of measures implemented through FY2023 to install solar panels, along with wide-ranging energy conservation and streamlining, the plant is within sight of a 97.7% reduction in CO2 emissions compared to FY2021 levels, and has acquired practical know-how for achieving carbon neutrality. Currently, MHI is proactively concentrating carbon neutrality solutions at the plant, working to achieve carbon neutrality in stages.In accordance with the MHI Group's Declaration on Biodiversity formulated in April 2023, MHI Group is promoting measures to conserve and restore biodiversity and natural capital in the regions where Group companies operate, both in Japan and overseas. In addition, MHI Group has adopted "MISSION NET ZERO," a program to achieve carbon neutrality by 2040, and is working to realize net zero CO2 emissions from the corporate group and its entire value chain. MHI Group, recognizing the close relationship between biodiversity loss and climate change, will continue to work in an integrated way for nature positive and carbon neutrality measures, and contribute to the realization of a sustainable world.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2024 ACN Newswire via SeaPRwire.com.
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HotelRunner Acquires Bookingate, Expanding its B2B Powerhouse for the Travel Industry ACN Newswire

HotelRunner Acquires Bookingate, Expanding its B2B Powerhouse for the Travel Industry

LONDON, Oct 1, 2024 - (ACN Newswire via SeaPRwire.com) - With the inclusion of Bookingate, a platform that enables travel service providers to access and distribute hotel inventory and third-party services, HotelRunner becomes the all-in-one solution for the entire travel industry. This unique proposition positions HotelRunner as a comprehensive platform that solves distribution, direct, and offline sales challenges for travel agencies, DMCs, and tour operators, connecting them seamlessly with various suppliers.Advancing the Travel Industry with HotelRunner ConnectBy bringing Bookingate under its umbrella, HotelRunner amplifies the scope and functionality of HotelRunner Connect, its long-established platform serving global travel companies, including travel agencies, metasearch platforms, and payment systems. This move enhances the current service offering while broadening the role of HotelRunner Connect as an end-to-end solution for the entire travel ecosystem.Arden Agopyan, Founder and Managing Partner of HotelRunner, remarked, "Bookingate is a game-changing addition that aligns perfectly with our vision of creating a bigger travel economy. With this acquisition, we are enhancing our platform's capabilities to deliver the industry's most advanced travel management solution, unlocking unprecedented growth opportunities for our large network of travel industry members."Ali Beklen, Founder and Managing Partner of HotelRunner, added, "We are thrilled to welcome Bookingate into the HotelRunner platform, becoming an all-encompassing travel platform for travel agencies, hotels, buyers, and suppliers. With the acquisition of this promising startup and its innovative technology, we are expanding our platform and creating a new ecosystem by uniting fragmented B2B players in the global travel market."Unleashing Multi-Faceted CapabilitiesThe acquisition of Bookingate strengthens HotelRunner's position as the top player in travel tech, expanding its solution stack for all players in the travel value chain, and unlocking capabilities that empower travel companies in a competitive market:Advanced Hotel Contracting: Travel agencies and 3rd party service providers will directly access and distribute real-time inventory. HotelRunner streamlines the entire distribution process and empowers travel providers to expand their reach.A Robust Connectivity Bridge: Acting as a bridge between hotels, travel agencies, tour operators, airlines, transfer, and car rental services, the enhanced platform enables dynamic packaging, offering a more complete solution for sourcing and distribution.Transforming Static Agencies: Just as HotelRunner set out more than a decade ago with the vision of moving hotels from offline to online, it is now preparing to transform offline travel agencies into online, dynamic, and digital powerhouses.Building an Ecosystem of InnovationMarking its fourth acquisition, HotelRunner remains at the forefront of industry innovation by strategically scouting innovative early-stage companies like Bookingate. HotelRunner's commitment to finding or building forward-thinking products ensures that it remains a trusted partner for travel agencies, hotels, buyers, and suppliers worldwide.Contact Information:Suheyla van TaarlingDirector of Marketing & Growthsuheyla@hotelrunner.com00905314010303SOURCE: HotelRunner Copyright 2024 ACN Newswire via SeaPRwire.com.
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LaTerra Appoints Ben Grosberg To Spearhead Capital Markets and Investor Relations, Reinforces Strategy To Buy Existing Multifamily, Self-Storage Assets ACN Newswire

LaTerra Appoints Ben Grosberg To Spearhead Capital Markets and Investor Relations, Reinforces Strategy To Buy Existing Multifamily, Self-Storage Assets

LOS ANGELES, CA, Oct 1, 2024 - (ACN Newswire via SeaPRwire.com) - LaTerra Development, a leading real estate investment and development company, has named Ben Grosberg to spearhead capital raising and investor relations to support its new strategy to buy existing multi-family and self-storage assets as well as ground-up development.A seasoned real estate investment executive, Mr Grosberg will focus on Registered Investment Advisors and Family Office investors.He has worked with RIAs, high net worth individuals, and private family office investors in Australia and the US for the past 15 years. He recently served as Director of Capital Markets at leading Los Angeles real estate investment bank, Dekel Capital, where he helped establish the JV-Equity platform and raise private capital for both Dekels JV and advisory businesses."Bringing a well-known and respected executive onboard to lead our new capital markets initiatives is a major step in LaTerra's expansion strategy," said Charles Tourtellotte, CEO of LaTerra, "Ben's experience and contacts will be invaluable in expanding our investor base."Prior to joining Dekel, Mr Grosberg worked at the Spotlight Group, one of Australia's largest private HNW family offices, where he managed the diverse investment holdings of the group.The addition of Mr. Grosberg to the team comes at a time as the company expands beyond its successful development business into acquisitions of core+ multifamily and self-storage properties. Mr. Grosberg's leadership in capital markets and investor relations will play a key role in supporting this broader investment strategy, which aims to diversify LaTerra's portfolio and capitalize on current market opportunities ."Private investors are acutely aware of the current market opportunity of buying institutional quality assets below replacement cost," Mr Grosberg says. "Investing with a proven operator like LaTerra gives investors direct access to these deals so they can build portfolios of steady, cash-flowing assets."LaTerra Managing Director Chris Tourtellotte added, "With values bottoming out and interest rate cuts commencing, this is an excellent entry point for acquisitions. We believe we have a window of opportunity to buy multifamily and storage assets today at a deep discount and benefit from a recovering market."LaTerra is a leading self-storage and multifamily investment and development company with a focus on U.S. Sun Belt markets. It currently has approximately 1,000,000 square feet of self-storage in development. Its multifamily housing business serves the outsized demand for best-in-class value rentals, with more than 3,000 residential units in its portfolio. LaTerra has global institutional investors including those from the US, Canada, and Australia.Contact:Barbara Casey310.990-0750bcasey@caseysayre.comSOURCE: LaTerra Development, LLC Copyright 2024 ACN Newswire via SeaPRwire.com.
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Innovation Beverage Group Appoints Industry Leader Genevieve Jodhan, Former CEO of Angostura Holdings Limited, as Chief Sales Officer ACN Newswire

Innovation Beverage Group Appoints Industry Leader Genevieve Jodhan, Former CEO of Angostura Holdings Limited, as Chief Sales Officer

Genevieve served in many executive leadership roles, including as CEO at Angostura Holdings Ltd, the world's largest cocktail bitters producer and one of the Caribbean's largest leading rum producers.Genevieve has the experience and track record of delivering results and has proven leadership in international business development, revenue growth, and global distribution.The new CSO appointment comes as Innovative Beverage Group is set to pursue robust growth following its IPO and Nasdaq listing.SEVEN HILLS, AUSTRALIA, Sept 30, 2024 - (ACN Newswire via SeaPRwire.com) - Innovation Beverage Group Ltd, ("IBG" or the "Company") (Nasdaq:IBG), an innovative developer, manufacturer, and marketer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands, announced today the appointment of Genevieve Jodhan as Chief Sales Officer.Genevieve is well known in the beverage industry as a senior executive with proven experience in brand building. Genevieve joined Angostura Holdings Limited, the brand owner of the global iconic cocktail bitters brand, Angostura Bitters, in 2007. During her 11+ years at Angostura, she moved through five executive appointments, from Supply Chain Operations to Export Business Development, International Sales, and Marketing and, in 2017, she became the company's first female Chief Executive Officer. She directed the commercial team that re-engineered the distribution model for Europe, the Middle East, Africa, Asia and Australia and the marketing of Angostura's international brands including Angostura Aromatic Bitters. In addition to her role as CEO, Genevieve continued to lead the brand building team and developed strategic brand re-positioning tools that enabled international growth in the beverage alcohol industry. Genevieve is a graduate of the University of the West Indies with a BSc in Economics, and an MSc in Logistics and Supply Chain Management from Cranfield School of Management in the U.K. Genevieve completed the Advanced Management Program at Harvard Business School, and since 2021, she has been a guest lecturer on Supply Chain Resilience for the Supply Chain Leadership development program at the University of Warwick, U.K."With Genevieve on our team, IBG is ready to capture greater market share and continue our momentum as a disruptive innovator in the beverage market. Specific to bitters, as well as the broader alcoholic beverage market, she brings a strong industry network and a wealth of know-how as the former CEO of Angostura, reported to be the world's most widely distributed beverage alcohol brand. Genevieve coming on board with IBG is a testament to the strength of our brand's portfolio," stated IBG's CEO, Dean Huge."IBG brings creativity and innovation to the market with its new products, branding, and market positioning. I've been very impressed with its portfolio of cocktail bitters under the Australian Bitters and Bitter Tales brands and non-alcoholic drinks under the Drummerboy brand. In a short time, Australian Bitters has built brand awareness and favorability with bartenders who are seeking to create spicier more flavorful cocktails. I'm pleased to join this progressive team and look forward to leading the growth of an expanding portfolio of new beverages," commented IBG's new Chief Sales Officer, Genevieve Jodhan.About Innovation Beverage GroupInnovation Beverage Group is a developer, manufacturer, marketer, exporter, and retailer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands for which it owns exclusive manufacturing rights. Focused on premium and super premium brands and market categories where it can disrupt age old brands, IBG's brands include Australian Bitters, Bitter Tales, Drummerboy Spirits, Twisted Shaker, and more. IBG's most successful brand to date is Australian Bitters, which disrupted a 200-year-old market leader, giving the Company a market dominating position in several territories, including a partnership in Australia with Coca-Cola Europacific Partners. Established in 2018, IBG's headquarters, distillery, innovation, and manufacturing facility are located in Sydney, Australia, with a U.S. sales office located in New Jersey. For more information visit www.innovationbev.com.Forward Looking StatementThis press release contains "forward-looking statements" and "forward-looking information." This information and these statements, which can be identified by the fact that they do not relate strictly to historical or current facts, are made as of the date of this press release or as of the date of the effective date of information described in this press release, as applicable.The forward-looking statements herein relate to predictions, expectations, beliefs, plans, projections, objectives, assumptions, or future events or performance (often, but not always, using words or phrases such as "expects," "anticipates," "plans," "projects," "estimates," "envisages," "assumes," "intends," "strategy," "goals," "objectives" or variations thereof or stating that certain action events or results "may," "can," "could," "would," "might," or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) and include, without limitation, statements with respect to projected financial targets that the company is looking to achieve.All forward-looking statements are based on current beliefs as well as various assumptions made by and information currently available to the company's management team. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections, and other forward-looking statements will not be achieved or that assumptions do not reflect future experience. We caution any person reviewing this press release not to place undue reliance on these forward-looking statements as several important factors could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates, assumptions, and intentions expressed in such forward-looking statements. These risk factors may be generally stated as the risk that the assumptions and estimates expressed above do not occur.The Company does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by Company or on behalf of the Company except as may be required by law.Investor Relations Contact:TraDigital IRJohn McNamara917-658-2602John@tradigitalir.comSOURCE: Innovation Beverage Group Copyright 2024 ACN Newswire via SeaPRwire.com.
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World CX Summit and Awards showcases major insights into the Future of CX ACN Newswire

World CX Summit and Awards showcases major insights into the Future of CX

BENGALURU, INDIA, Sept 30, 2024 - (ACN Newswire via SeaPRwire.com) - The 12th Global Edition of the World CX Summit and Awards, an event by Trescon, drew to a close at JW Marriott Hotel, Bengaluru on 19th September 2024. The event saw participation from over 250 customer experience (CX) professionals and technology leaders who gathered to explore the latest trends and innovations in customer service and engagement.At the summit, attendees explored a diverse range of sessions highlighting the most impactful technologies transforming customer experience. The discussions covered key topics such as the strategic implementation of generative AI, advancements in data analytics, and the evolving landscape of sentiment analysis. These sessions offered a comprehensive view of how these innovations are shaping and enhancing customer interactions.The day featured an engaging panel discussion on transforming customer experience, led by Fasih Abbas M, Senior Director & Head of Customer Success, Cashfree Payments. The deliberations focused on the importance of human interaction in the digital experience. The panelists Lakshman Velayutham, CMO, Ujjivan Small Finance Bank; Gurpreet Jolly, Head - Customer Experience Operations & Service Delivery, Ajio.com (Reliance Retail); Shruthi Bopaiah, Executive Vice President & Head - Customer Obsession, Axis Bank; Pinkustar Borah, Director - Head of IT - Customer Experience, South Asia, Unilever; and Ramanathan Rv, Co-founder and CEO, Hyperface Technologies explored the impact of subscription-based models on consumer behavior and expectations.Another noteworthy session focused on integrating marketing and technology to create customer-centric journeys. Led by Priya Chakravarthy, Vice President of Experience at BluSmart, the panel explored how AI/ML is providing predictive insights and automating marketing approaches to enhance customer experience. Panelists Kedar Ravangave, Head of Marketing at Kotak Mahindra Bank; Rahul Poddar, Country Head - MarTech at Narayana Health; Rakhi Rana, COO at Drools Pet Food; and Ambit Mishra, Head of Marketing Communication at UMPESL - A Tata Voltas Enterprise, discussed the role of Martech tools in understanding market dynamics, elevating search strategies, and boosting customer engagement.During the session while talking about hyperpersonalisation, Rahul Poddar, Country Head – MarTech at Narayna Health noted, “We are entering an era of hyper-personalization where consumers expect more than just satisfaction from products; they seek brands that become part of their lifestyle. AI and MarTech tools enable us to deeply understand consumer behavior, preferences, and even ensure empathy in every interaction, particularly in sectors like healthcare. As we shift from traditional communication methods to platforms like WhatsApp, we must adapt our messaging to be concise and relevant, embracing these changes to better engage our customers.”The Top 100 CX Leaders and Top 50 Marketing Leader awards ceremony honored the innovators and leaders who have made significant contributions to enhancing customer experience and setting new standards of excellence. On the conclusion of the event, Mithun Shetty, Co-Founder, Trescon said, “The 12th Global Edition of the World CX Summit and Awards showcased how AI, hyper-personalization, and phygital solutions are transforming customer experience. We explored how innovation is driving seamless, customer-centric journeys and helping businesses meet the growing demand for personalized, tech-driven interactions.”The World CX Summit and Awards wrapped up by inspiring attendees with forward-thinking strategies to elevate customer experience. The event highlighted the importance of aligning technology with a human-centered approach to meet evolving customer expectations. As businesses adapt to the rapidly changing landscape, the insights gained and connections forged at the summit will play a pivotal role in shaping more personalized and impactful customer journeys, reinforcing the value of CX as a key driver of long-term success and brand loyalty.About Trescon Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership. With a deep understanding of the realities and requirements of the growth markets we operate in – we strive to deliver innovative and high-quality business platforms for our clients. For more information about Trescon, visit: www.tresconglobal.com For media inquiries and further information, please contact: Vishal S SMedia, PR and Corporate Communications SpecialistTresconEmail: vishals@tresconglobal.com Mobile: +91-7358680951 Copyright 2024 ACN Newswire via SeaPRwire.com.
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Pro Visionary’s Commitment to ESG Gains Momentum Amid Evolving Australian Market ACN Newswire

Pro Visionary’s Commitment to ESG Gains Momentum Amid Evolving Australian Market

SYDNEY, AU, Sept 30, 2024 - (ACN Newswire via SeaPRwire.com) - As ESG (Environmental, Social, and Governance) considerations take centre stage in the financial industry, Pro Visionary, a Sydney-based wealth management company, continues to integrate these principles into its investment strategies. The global shift towards sustainability is not just a trend, but a long-term transition in how businesses operate, and Australia is no exception. Pro Visionary's team has recognised the importance of ESG in shaping the future of investment portfolios, particularly within the fixed-income sector.In the Australian finance market, ESG investments have grown substantially over the past few years. The emphasis on sustainability is no longer limited to equity investments but extends to fixed-income markets as well. Bonds issued by environmentally or socially responsible entities, such as green bonds or social bonds, have been attracting considerable interest. These instruments have gained traction due to their ability to provide stable returns while addressing urgent environmental and social challenges. Recent data from the Responsible Investment Association Australasia (RIAA) indicates a rising demand for such fixed-income products, with investors seeking both financial performance and measurable societal impact.Michael White, Senior Adviser at Pro Visionary, highlighted the role that ESG plays in shaping the investment landscape. "ESG criteria have evolved into key drivers of long-term value. Integrating ESG into fixed-income strategies enhances risk management and fosters sustainable returns. Investors are increasingly recognising that incorporating environmental and social factors is no longer a compromise but a means to strengthen portfolios in the face of emerging risks."White's commentary aligns with broader market trends, where investors have noted that ESG risks, such as climate change or poor corporate governance, can directly impact the creditworthiness of issuers. In Australia, the adoption of ESG measures in fixed-income strategies has been especially relevant due to the country's vulnerability to climate risks, such as extreme weather events and their impact on industries like agriculture and energy.Mark Thompson, also a Senior Adviser at Pro Visionary, expanded on this by discussing the firm's commitment to identifying opportunities that align with sustainable development. "The focus on ESG not only contributes to the greater good but also identifies companies with strong governance and forward-looking strategies. This helps manage risks that traditional models may overlook. Furthermore, fixed-income products like green bonds offer avenues to support infrastructure projects aimed at decarbonising industries, which will be critical in the years ahead."Thompson's perspective is increasingly echoed by many Australian investors who are aware of the need for sustainability within their portfolios. With the Australian government placing stronger emphasis on sustainable finance through various policy frameworks, this creates a conducive environment for further growth in ESG-related investments, including within the bond market.Pro Visionary's approach involves a careful evaluation of ESG factors at every level of the investment process. By doing so, the firm seeks to provide investors with exposure to assets that not only offer solid returns but also contribute positively to societal outcomes. The firm has implemented stringent evaluation criteria for bonds that promote environmental sustainability and social responsibility, aligning with global ESG standards.While ESG-focused investments are still evolving in the fixed-income space, Pro Visionary believes that the momentum is only set to grow. "Incorporating ESG into fixed-income investments doesn't just align portfolios with values-it builds resilience. As regulatory frameworks tighten and consumer expectations shift, investment portfolios that ignore ESG risk lagging behind," commented White.As Australia's financial landscape adapts to this ESG wave, Pro Visionary remains committed to identifying fixed-income opportunities that align with both the financial goals and ethical standards of investors. Through ongoing research and an informed understanding of the global ESG environment, the company aims to support the transition to a more sustainable and responsible future, all while ensuring that risk-adjusted returns remain a priority for their clients.About Pro Visionary Pty LtdPro Visionary is an active investment manager in Australian and Global Equities, Credit and Fixed-Income. We focus on identifying quality investments to deliver consistent outperformances.Media ContactColin Watts - Director of CommunicationsE: media@provisionaryptyltd.comT: +61 2 5502 5020SOURCE: Pro Visionary Pty Ltd Copyright 2024 ACN Newswire via SeaPRwire.com.
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Qiniu Limited (02567.HK) starts offering today with a global offering of 159.75 million shares ACN Newswire

Qiniu Limited (02567.HK) starts offering today with a global offering of 159.75 million shares

Summary of the Global Offering- Number of Offer Shares under the Global Offering: a total of 159,750,000 Shares (subject to the Over-allotment Option); comprising 143,775,000 International Offer Shares (subject to the Over-allotment Option and reallocation) and 15,975,000 Hong Kong Offer Shares (subject to reallocation)- Maximum Offer Price: HK$2.86 per Offer Share (payable in full on application in Hong Kong dollars and subject to refund)- Hong Kong Public Offering commences at 9:00 a.m. on Monday, September 30, 2024 and closes at 12:00 noon on Thursday, October 10, 2024- Dealings in the Shares on the Stock Exchange expected to commence at 9:00 a.m. on Wednesday, October 16, 2024- Stock code: 2567.HK- The Shares of the Company will be traded in board lots of 1,000 Shares each- Shenwan Hongyuan Capital (H.K.) Limited and BOCOM International (Asia) Limited are the Joint Sponsors, Shenwan Hongyuan Securities (H.K.) Limited, BOCOM International Securities Limited and Huatai Financial Holdings (Hong Kong) Limited are the Overall Coordinators, the Joint Global Coordinators, the Joint Bookrunners and the Joint Lead Managers of the Global OfferingHONG KONG, Sept 30, 2024 - (ACN Newswire via SeaPRwire.com) - Qiniu Limited ("Qiniu" or the "Company"; Stock Code: 2567.HK) announces the listing of its shares in a global offering (the"Global Offering") on the Main Board of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange").The number of Offer Shares under the Global Offering totaled 159,750,000 (subject to the Over-allotment Option). This includes 15,975,000 Hong Kong Offer Shares initially available under the Hong Kong Public Offering (subject to reallocation); and 143,775,000 International Offer Shares (subject to the Over-allotment Option and reallocation).The Hong Kong Public Offering will commence at 9:00 a.m. on Monday, September 30, 2024 and end at 12:00 noon on Thursday, October 10, 2024. Dealings in the Shares on the Stock Exchange are expected to commence at 9:00 a.m. on Wednesday, October 16, 2024. The Shares will be traded in board lot sizes of 1,000 Shares. The stock code will be 2567.HK.The Company will receive net proceeds from the Global Offering of approximately HK$374.7 million (assuming that the Over-allotment Option is not exercised), assuming an Offer Price of HK$2.80 per Share, which is the mid-point of the Offer Price range stated in this prospectus and after deduction of the underwriting fees and estimated expenses payable by the Group relating to the Global Offering.The Company intends to use the net proceeds from the Global Offering for the following purposes:- Approximately 38.0% of the net proceeds from the Global Offering, or approximately HK$142.4 million, will be used for penetrating and deepening our presence in the application scenarios of our APaaS business and developing and expanding our customer base;- Approximately 20.0% of the net proceeds from the Global Offering, or approximately HK$74.9 million, will be used for expanding our overseas business over the next 36 to 60 months;- Approximately 12.0% of the net proceeds from the Global Offering, or approximately HK$45.0 million, will be used for enhancing our research and development capabilities and improving our technology infrastructure;- Approximately 20.0% of the net proceeds from the Global Offering, or approximately HK$74.9 million, will be used for selected mergers, acquisitions, and strategic investments, including to continue seeking potential businesses and assets that can supplement or enhance our existing business and are strategically beneficial to our long-term goals in the next 36 to 60 months;- Approximately 10.0% of the net proceeds from the Global Offering, or approximately HK$37.5 million, will be used for working capital and general corporate purposes.Shenwan Hongyuan Capital (H.K.) Limited and BOCOM International (Asia) Limited are the Joint Sponsors, Shenwan Hongyuan Securities (H.K.) Limited, BOCOM International Securities Limited and Huatai Financial Holdings (Hong Kong) Limited are the Overall Coordinators, the Joint Global Coordinators, the Joint Bookrunners and the Joint Lead Managers of the Global Offering.Qiniu LimitedQiniu Limited ("Qiniu" or the "Company"), found in 2011, is the second largest audiovisual APaaS provider and the third largest PaaS provider in China based in Shanghai, the PRC and focuses on the audiovisual cloud service. At present, the Company has become a company which has developed comprehensive and high-performance MPaaS products and possessed technology capabilities that are integrated and cover all aspects of the audiovisual business. As of March 31, 2024, the Company had over 1,500,000 registered users across various industries including, among others, pan-entertainment, social networking, healthcare, e-commerce, education, media, financial services, automotive, telecommunications and intelligent manufacturing. The revenue of the Company accounted for 1.5% of the entire audiovisual cloud service market in 2023, according to iResearch. The Company is the third largest audiovisual PaaS provider in China in terms of revenue in 2023, with a market share of 5.8%, and the second largest audiovisual APaaS provider in China in terms of revenue generated from APaaS in 2023 with a market share of 14.1%.The press release is distributed by Intelligent Joy Limited on behalf of Qiniu Limited.For further information, please contact:Intelligent Joy LimitedGrace Ge / Banjy ChenTel:(852)3594 6407Email: grace.ge@intelligentjoy.com / banjy.chen@intelligentjoy.comImportant Disclaimer:The press release is for information purposes only and does not constitute an offer or an invitation to induce an offer by any person to acquire, purchase or subscribe for any securities of the Company, nor does constitute the recommendation for the securities to be sold or any invitation or offer to acquire, purchase or subscribe for the securities. Potential investors should read the prospectus for detailed information about the Company and the proposed offering before deciding whether or not to purchase the shares of the Company. Any application for subscription of the shares of the Company involved in the press release shall only rely on the prospectus published by the Company on September 30, 2024. Copyright 2024 ACN Newswire via SeaPRwire.com.
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DPC Dash Achieved Profitability with Double-Digit Revenue Growth Despite Industry Challenges ACN Newswire

DPC Dash Achieved Profitability with Double-Digit Revenue Growth Despite Industry Challenges

HONG KONG, Sept 30, 2024 - (ACN Newswire via SeaPRwire.com) - In the first half of 2024, the restaurant industry faced significant challenges due to shifting consumer preferences, changing spending habits and intensified competition. The increasing cost of goods and fiercely competitive pricing have resulted in an overall decline in industry profitability, with several large-scale restaurants reporting losses. Despite this challenging environment, DPC Dash ("Domino’s Pizza China" or the "Company") (1405.HK) has leveraged these changes as a catalyst for growth, developing a new competitive edge focused on high quality-to-price ratios, allowing the company to flourish against prevailing trends.DPC Dash, Domino's Pizza's exclusive master franchisee in the China Mainland, the Hong Kong Special Administrative Region of China, and the Macau Special Administrative Region of China, has successfully implemented its 4D strategy of Development, Delicious Pizza at Value, Delivery, and Digital. This approach has driven sustainable growth and profitability in the underserved Chinese pizza market in the first half of 2024, as reported in the company’s recently released interim financial report.In the first half of 2024, DPC Dash generated record-high revenue of RMB2.04 billion, representing a year-over-year increase of 48.3%. This steady revenue growth reflects DPC Dash’s sustainable business model and resilient counter-cyclical strategy, which have significantly improved its profitability.The Company’s financial improvement is demonstrated by its positive adjusted net profit and net profit after tax. Adjusted net profit turned positive in the first half of 2024 to reach RMB 50.9 million, compared to an adjusted net loss of RMB17.4 million in the same period of 2023. The company also reported a net profit after tax of RMB10.9 million, a 24.6% year-over-year increase compared to RMB8.8 million of the same period of 2023, positively impacted by the fair value gain of approximately RMB119.3 million on convertible senior ordinary shares.Another testament to the company’s strong profitability is its same-store sales growth (SSSG), which compares the sales generated by same stores during the relevant period year-on-year. In the face of recent market challenges, it is extremely difficult to maintain positive SSSG momentum. DPC Dash has demonstrated its ability to deliver sustainable growth, achieving 28 consecutive quarters of SSSG, while continuing its expansion efforts.As a franchisor of Domino’s Pizza, Inc., one of the world’s largest pizza companies, DPC Dash leverages this global strength to execute its 4D strategy, which continues to drive the company’s success in the underserved China pizza market.DPC Dash has continued to execute its “go-deeper, go-broader” strategy, as DPC Dash added 146 stores and entered 4 cities in the first half of 2024. Total stores reached 914 across 33 cities as of June 30, 2024. This represents more than an eightfold increase in store numbers since the current management took over in 2017. Newly-opened stores have been delivering exceptional performance. In the first half of 2024, revenue generated from new growth markets accounted for 61% of the total revenue, making new growth markets the Company’s main growth driver. Store numbers in the new growth markets exceeded 50% of all stores. At the beginning of May, DPC Dash expanded its presence by entering three new cities: Taizhou, Huizhou, and Jinhua in one week. The first stores in Huizhou and Jinhua both broke the DPC Dash record for daily sales. In June, DPC Dash celebrated the grand opening of its 900th store in Chengdu, Sichuan. As of July 31, 2024, DPC Dash held 28 of the top 30 positions for first 30-day sales among Domino's stores globally. In newly entered markets, DPC Dash continues to expand its presence with more stores opening, while maintaining strong performance in existing stores. Among 42 stores the Company opened in 12 new cities from the late December 2023 through the first half of 2024, 18 stores have already achieved payback. The Company is expecting a shorter payback period on new stores than previously, reflecting the efficiency of its expansion strategy.A McKinsey report identifies several key trends shaping consumer behavior, including a notable rise in engagement among younger consumers, especially in lower-tier cities where confidence remains relatively high. This demographic is more inclined to explore new dining experiences and local cuisines, providing restaurants with opportunities to innovate and attract this growing market segment. The newly-opened stores of DPC Dash in new markets have enjoyed great popularity, with people forming long lines at new locations. In response, DPC Dash actively suspended delivery services for selected new stores to cater to the high demand for in-store dining.Long queue in front of Domino‘s Pizza store in China MainlandDPC Dash has continuously innovated its product offerings and services at value to better serve customers’ evolving tastes and provide satisfying dining experience. Domino’s Pizza has established a global reputation for tasty pizza products and very innovative menus. The company introduces new stock keeping units (SKUs) every six to eight weeks, on average. In the first seven months of 2024, DPC Dash introduced three new pizza varieties and two new crust options, such as barbeque pork stuffed crust and coconut and pumpkin double decker.Now the menu boasts over 30 pizza varieties and approximately 20 crust options, with pizza sales contributing more than 75% of the total sales. DPC Dash recently launched the new Volcano crust, filled with oozing cheddar cheese magma and Oreo crumbs. This unique concept in the pizza industry has already garnered positive feedback and recognition from the customers.Volcano Crust from Domino’s Pizza ChinaAt the same time, DPC Dash has been offering value options on its menu with regular promotions on “Crazy Tuesday & Wednesday” and the “Mega Weeks”. Limited-time promotions partnering with popular brands cross sectors, such as Tencent Games and Hello Kitty, have also proven attractive to customers.Meanwhile, brand marketing activities have become more targeted and cost-effective as the company strengthened its brand through network growth and strong performance in newly-entered markets. The Company has continuously enhanced its offering of personalized rewards, improving both new customer conversion and existing customer retention. As of August 2024, DPC Dash’s loyalty program has surpassed 20 million members, nearly doubling from 10.9 million members in June 2023. The Company continue to drive customer engagement, attracting new customers by dynamically engaging them through multiple online channels.To cater to the surging demand, DPC Dash has set up central kitchens in Sanhe, Shanghai and Dongguan. In the central kitchens, the Company has already introduced automated machines to further boost production efficiency and management capability, as well as to improve delivery efficiency. The success of the 4D strategy execution is reflected in enhanced profitability metrics on both store and group levels. The store-level operating profit margin increased to 14.5% in the first half of 2024, up from 13.5% in the same period last year. The store-level EBITDA margin increased to 19.3% in the first half of 2024, up from 18.7% in the first half of 2023. At the group level, group adjusted EBITDA reached RMB233.4 million, representing an 83.7% year-over-year increase from 127.0 million in the first half of 2023. Accordingly, group adjusted EBITDA margin rose to 11.4%, nearly tripling from 3.9% in year end of 2021.In addition to serving consumers, DPC Dash remains committed to delivering long-term value to its shareholders. Only one year after its successful listing on Hong Kong Stock Exchange, DPC Dash has been officially included in both the Shanghai-Hong Kong Stock Connect Program and Shenzhen-Hong Kong Connect Program, and has been selected to be a constituent stock for the Hong Kong Hang Seng Composite Index, effective in September. Reuters reported on September 27, "China stocks record best week since 2008." The New York Times stated, "The volatile Hang Seng Index in Hong Kong, which includes a range of companies with activities in Hong Kong and in mainland China, was also up 12.8 percent this week." DPC Dash's stock has experienced substantial growth since its IPO, increasing by over 20% in the past ten trading days as of September 27.DPC Dash has announced plans to open approximately 240 new stores in 2024, and will open its 1000th store in the fourth quarter of 2024. As of August 20, 2024, the Company has opened an additional 31 stores, with 29 stores under construction, and 21 stores signed, putting it on track to meet its full-year opening target. The company expects to open approximately 300 to 350 stores in both 2025 and 2026.The early months of 2024 have shown a remarkable 12.5% increase in foodservice sales, indicating a robust recovery in the hospitality sector, according to a report from McKinsey & Company. This surge reflects increased consumer confidence and a return to dining out as pandemic restrictions ease, suggesting that consumers are willing to spend more on experiences such as dining, which is crucial for the restaurant industry.Amid the attractive, growing market with its vast geographical scope and population, companies are striving for profitability and growth that requires more stable and resilient strategies. DPC Dash will continue to execute its 4D strategy in an efficient manner, aiming to deliver delicious pizza at value to customers, and sustainable long-term value for all stakeholders. Copyright 2024 ACN Newswire via SeaPRwire.com.
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New Australian Issuing Certificate Authority Launched with SSLTrust: Verokey, for Australian Businesses, Government and the APAC Region ACN Newswire

New Australian Issuing Certificate Authority Launched with SSLTrust: Verokey, for Australian Businesses, Government and the APAC Region

SYDNEY, AU, Sept 30, 2024 - (ACN Newswire via SeaPRwire.com) - SSLTrust, a leading global provider of digital certificates for public key infrastructure, has identified the APAC region as needing a new local issuing Certificate Authority.Verokey LogoVerokey, the new Australian Issuing Certificate AuthorityCurrently, in the APAC region, SSLTrust has been pushing international Certificate Authority products for Australia to the forefront, which has been welcomed by customers but with limited acceptance, mainly in terms of price. So launching a new Australian-based issuing Certificate Authority, Verokey, using the same infrastructure, has been very well accepted by customers to overcome that hurdle. Verokey has proven instrumental in fundamental security for Australian and Asia Pacific businesses and government entities while providing the best solutions at affordable prices. This success is in addition to SSLTrust's customer-centric approach to PKI solutions and their implementation.Unlike many other Certificate Providers in Australia and the Asia Pacific, we can provide customers with a high level of local support via phone, email, online chat and onsite assistance. We help customer manage all their Certificates through their very own feature-rich account while benefiting from the lower priced Verokey productsSSLTrust's Managing Director, Paul Baka, explains how this lets users have quality products to the likes of other Certificate Authorities but with an added level of quality support and better local pricing - a feature that's not otherwise readily available in Australia.Purchasing Certificates to secure networks, devices, websites, and more has historically been a significant headache for Australian organisations, with the costs constantly rising and exceeding allocated budgets. In the last two years alone, customers of the overseas-based Certificate Authorities have seen price increases upward of 50%. And when organisations weigh these against the benefits, they start to question the requirements of these higher-priced solutions. That is where Verokey helps by providing the same solutions and products (sometimes exceeding current offerings) while still keeping the prices affordable so organisations can maintain their security and meet budget limitations.Paulunderscores the company's unwavering commitment to meeting unique customer requests. This dedication to customer satisfaction is a key differentiator for SSLTrust, setting it apart from other resellers or Certificate Authorities and reassuring customers that SSLTrust is always ready to go the extra mile to meet their requirements, making them feel accommodated and understood.Critical features of SSLTrust's repertoire of products through the new Verokey Issuing Certificate Authority include (but are not limited to):More competitive prices than were previously available in APACRapid service and streamlined issuance processesPKI Certificate Lifecycle Management SolutionsAmple support systems provided by web security expertsAs the importance of digital trust increases, so does the value of high-end SSL/TLS certificates and their ease of management.Keyko Press Release: (+61) 02 8123 0992Contact InformationHollie AcresAccount Managerinfo@keyko.com.au+61 2 8123 0992Related FilesverokeySOURCE: SSLTrust Copyright 2024 ACN Newswire via SeaPRwire.com.
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Innovation Beverage Group Limited Announces Closing of $5.4 Million Initial Public Offering on the Nasdaq Capital Market Under Symbol “IBG” ACN Newswire

Innovation Beverage Group Limited Announces Closing of $5.4 Million Initial Public Offering on the Nasdaq Capital Market Under Symbol “IBG”

SYDNEY, AU, Sept 28, 2024 - (ACN Newswire via SeaPRwire.com) - Innovation Beverage Group Limited ("IBG" or the "Company"), a developer, manufacturer, marketer, exporter and retailer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands with a focus on premium and super premium brands, today announced the closing of its initial public offering (the "Offering") of 1,350,000 ordinary shares, at a public offering price of $4.00 per share for total gross proceeds to the Company of $5.4 million, before deducting underwriting discounts and offering expenses. In addition, the Company has granted a 30-day option to the underwriters to purchase up to an additional 202,500 ordinary shares solely to cover over-allotments, if any.The ordinary shares began trading on The Nasdaq Capital Market, under the symbols "IBG", on September 26, 2024. The Offering closed on September 27, 2024.The Benchmark Company, LLC acted as the sole book-running manager for the Offering. Sichenzia Ross Ference Carmel LLP served as legal counsel to the Company.A registration statement on Form F-1 (No. 333-266965) relating to the securities being sold in this offering was declared effective by the Securities and Exchange Commission (the "SEC") on September 25, 2024. The Offering was made only by means of a prospectus. Copies of the final prospectus may be obtained, when available, on the SEC's website, www.sec.gov, or by contacting The Benchmark Company, LLC, 150 East 58th Street, #17, New York, New York 10155, at (212) 312-6700.This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.About Innovation Beverage Group LimitedInnovation Beverage Group Limited is a developer, manufacturer, marketer, exporter and retailer of a growing beverage portfolio of 60 formulations across 13 alcoholic and non-alcoholic brands with a focus on premium and super premium brands. The Company owns exclusive manufacturing rights in its beverage portfolio. The Company's products are sold in both the United States and Australian markets. To learn more, go to https://www.innovationbev.com/ .Safe Harbor Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as "may", "could", "expects", "projects," "intends", "plans", "believes", "predicts", "anticipates", "hopes", "estimates" and variations of such words and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks and are based upon several assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which are beyond the Company's control. Actual results (including the anticipated benefits of the offering described herein) may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the risk factors described in the Company's filings with the Securities and Exchange Commission. The forward-looking statements are applicable only as of the date on which they are made, and the Company does not assume any obligation to update any forward-looking statements.Investor Relations Contact:TraDigital IRJohn McNamara917-658-2602John@tradigitalir.comSOURCE: Innovation Beverage Group Copyright 2024 ACN Newswire via SeaPRwire.com.
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Nissin Foods Acquires Australia Frozen Food Manufacturer ABC Pastry ACN Newswire

Nissin Foods Acquires Australia Frozen Food Manufacturer ABC Pastry

HONG KONG, Sept 27, 2024 - (ACN Newswire via SeaPRwire.com) - Nissin Foods Company Limited ('Nissin Foods', together with its subsidiaries, the 'Group'; Stock code: 1475) is pleased to announce that the Group, as the purchaser, entered into the Share Sale and Purchase Agreement with the Sellers and the Sellers' Guarantors (the 'Acquisition'). This agreement relates to the Acquisition of 100% of the issued share capital in ABC Pastry, a leading manufacturer of frozen dumplings which are either company branded (i.e. ABC Pastry) or third party branded in Australia.The consideration for the Acquisition is AU$33.7million (equivalent to approximately HK$178.6 million). Upon completion of the Acquisition, ABC Pastry will become a wholly-owned subsidiary of the Group engaged in the frozen food business in Australia market, catering to nationwide retailers.ABC Pastry is a well-known Australian brand based in Sydney, nationally recognised for its premium quality dumplings. It is an experienced manufacturer of frozen dumplings with a reputable brand known to the local Asian communities in New South Wales and Victoria, Australia. The Group believes that Nissin Foods being a listed company could provide valuable expertise and experience in the operational and financial management of ABC Pastry. The Acquisition would contribute to ABC Pastry's long-term development and enable the Group to diversify its business portfolio. Such diversification will broaden the Group's income sources, benefitting the Group and its shareholders.The Acquisition will present the Group with a premium opportunity to tap into Australian frozen food market. The Australian frozen food market size is expected to experience robust growth as the frozen dumplings, in particular, have been benefitting from the rising Asian migration to Australia. Additionally, there is a growing demand for convenient, high-quality frozen foods, driven by busy lifestyles and a desire for international cuisine such as Asian. The Group anticipates that the trend will continue, and there will be ample opportunities for expansion of the premium frozen food market in Australia.Mr. Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, 'The acquisition of ABC Pastry marks another milestone in our overseas market plan, soon after the joining of the Korean snack manufacturer Gaemi Food to the Nissin family in June. This latest acquisition will allow us to diversify our product offerings and distribution channels and aligns with our long-term corporate vision and strategy of strengthening our market presence in key overseas markets. By leveraging ABC Pastry's extensive local network and premium frozen products, Nissin Foods is well-positioned to enhance our connection with the local community and Australian consumers. We believe that the acquisition will reap significant operational and financial synergies through the integration of its business with ours, ultimately delivering increased value to shareholders.'For more information, please refer to the Announcement on the Hong Kong Stock Exchange website at:https://www1.hkexnews.hk/listedco/listconews/sehk/2024/0927/2024092701479.pdfNissin Foods Company Limited acquires Australian frozen food manufacturerABC Pastry Holdings Pty Ltd. (second left) Mr. Kiyotaka ANDO, ExecutiveDirector, Chairman and Chief Executive Officer of Nissin Foods; (on the left)Mr. Shinji TATSUTANI, Executive Director and Chief Financial Officer, signthe Share Sale and Purchase Agreement with (second right) Mr. Peter GAO,Director and General Manager, ABC Pastry Holdings Pty Ltd; and (on the right)Mrs. Tong WU, Director, Min Investments Pty Ltd.Nissin Foods Company Limited acquires Australia frozen food manufacturer ABCPastry Holdings Pty Ltd. (From left to right) Mr. Shinji TATSUTANI, Executive Director and Chief Financial Officer of Nissin Foods; Mr. KiyotakaANDO, Executive Director, Chairman and Chief Executive Officer of NissinFoods; Mr. Peter GAO, Director and General Manager, ABC Pastry Holdings PtyLtd; and Mrs. Tong WU, Director, Min Investments Pty Ltd, attend the signingceremony of the Share Sale and Purchase Agreement.ABC Pastry is a nationally recognised brand renowned for premiumquality dumplings that includes dumplings and juicy buns (also known assoup dumplings) in Australia.About Nissin Foods Company LimitedNissin Foods Company Limited ('Nissin Foods', together with its subsidiaries, the 'Group'; Stock code: 1475) is a renowned food company in Hong Kong and Mainland China, with a diversified portfolio of well-known and highly popular brands, primarily focusing on the premium instant noodle segment. The Group officially established its presence in Hong Kong in 1984 and is the largest instant noodle company in Hong Kong. The Group primarily manufactures and sells instant noodles, high-quality frozen food products, including frozen dim sum and frozen noodles, and also sells and distributes other food and beverage products, including retort pouches, snacks, mineral water, sauce and vegetable products under its two core corporate brands, namely 'NISSIN' and 'DOLL' together with a diversified portfolio of iconic household premium brands. The Group's five flagship product brands, namely 'Cup Noodles', 'Demae Iccho', 'Doll Instant Noodle', 'Doll Dim Sum' and 'Fuku' are also among the most popular choices in their respective food product categories in Hong Kong. In the Mainland China market, the Group has introduced technology innovation through the 'ECO Cup' concept and primarily focuses its sales efforts in first-and second-tier cities. In addition, Nissin Foods operates business in other Asian regions including Vietnam, Taiwan and Korea markets.Nissin Foods is currently a constituent of five Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Composite SmallCap Index, Hang Seng Composite Industry Index - Consumer Staples, Hang Seng SCHK Consumption Index and Hang Seng SCHK Consumer Staples Index. Nissin Foods is eligible for trading under Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect. For more information, please visit www.nissingroup.com.hk. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Revenue Up 9.9% to HK$860.3 million in 1HFY2024/25 ACN Newswire

Revenue Up 9.9% to HK$860.3 million in 1HFY2024/25

Mr. Wei Aiguo, Managing Director (Right),Mr. Derek Lai, Deputy Managing Director (Left)HONG KONG, Sept 26, 2024 - (ACN Newswire via SeaPRwire.com) – AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) today announced its interim results for the six months ended 31st August 2024 (“1HFY2024/25” or the “Reporting Period”).During the Reporting Period, the Group’s revenue increased by 9.9% year-on-year to HK$860.3 million. The increase was attributable to the growth in interest income, driven by various marketing programs implemented in 1HFY2024/25 that successfully sustained sales growth despite the slow economic recovery. With the cost-to-income ratio decreasing to 47.0% from 48.0% in 1HFY2023/24 due to enhanced operational efficiency, the Group recorded an operating profit before impairment losses and impairment allowances of HK$426.0 million for the Reporting Period, representing an increase of 11.7% from 1HFY2023/24. Profit after tax was HK$170.4 million (1HFY2023/24: HK$191.4 million). The decrease in profit after tax was due to the increase in impairment losses and impairment allowances as a result of the rise in credit defaults and weakened economic indicators.The Board has resolved to declare an interim dividend of 24.0HK cents per share (1HFY2023/24: 24.0 HK cents per share), representing a dividend payout ratio of 59.0%.To cope with the slower than expected economic recovery and other headwinds, the Group took timely measures during the Reporting Period to sustain the increase in both sales and receivables, while making significant efforts to enhance its risk-based pricing mechanism to maximize the return from its credit card and personal loan portfolios, and utilized an effective credit risk management mechanism to reduce the likelihood of credit impairment.The Group achieved an overall increase in sales of 10.6% in 1HFY2024/25 compared with the first half of the previous year, and the gross advances and receivables balance continued to record an increase of 3.8% from the end of February 2024.With regard to marketing, the Group utilized targeted marketing and attractive promotions to better promote the competitive edge of its carefully devised products and services to the intended customers. Meanwhile, in order to diversify its branch network and meet customers’ growing demand for face-to-face advisory services, the Group continued to revamp and expand its branch network, including the opening of the new Shatin branch in June 2024 with a dedicated insurance consultation counter.To further strengthen its technological foundation, the Group has successfully relocated its core data center to Tseung Kwan O, with its infrastructure ranked top tier in terms of uptime guarantee, fault tolerance and competitive service cost. The new data center is located in a building purposely designed to meet internationally recognized green building certification standards, demonstrating the Group’s commitment to integrating sustainability into its business operations.Looking ahead, the Group will seek receivable growth at reasonable yields while managing funding expenses to increase net interest income. Flexible marketing strategies will also be adopted to broaden the customer base and service channels, leveraging on systems to boost service quality and operational efficiency. In addition, the Group will endeavour to diversify revenue streams by cultivating fee-generating transactions and insurance intermediary businesses.As credit conditions are expected to remain challenging, the Group will closely monitor the effectiveness of credit assessment and credit management improvement, as well as achieve better maturity matching, to minimize credit and liquidity risks.Regarding digitalization of operations, the Group will continue to enhance its call center platform and provide responsive customer interaction. Data analytics tools will also be further developed to heighten the effectiveness of marketing, credit assessment and credit management activities.To enhance credit card services, the upcoming introduction of the virtual credit card functionality within the “AEON HK” mobile application will provide customers with immediate purchasing capabilities right after card-approval and activation without the need for branch visits.Besides, in response to evolving consumer preferences and payment technologies, a new credit card design will be launched on 30 September 2024 to offer customers a more convenient and premium payment experience. The redesign addresses growing demand for contactless payment and uses recycled plastics, embodying the Group’s commitment to innovation and sustainability.Mr. Wei Aiguo, Managing Director of AEON Credit, said, “Despite the uncertainties in the macroeconomic environment, we will continue to devote resources to provide exceptional consumer finance services to meet evolving customers’ needs and to expand our customer base with innovative customized products. With our strong liquidity and balance sheet, as well as proven management expertise and capabilities, we are well positioned to take advantage of the opportunities in the consumer finance market to achieve better performance in the remainder of the year.”About AEON Credit Service (Asia) Company Limited (Stock Code: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987 and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the consumer finance business, which includes the issuance of credit cards and the provision of personal loan financing, card payment processing services, insurance agency and brokerage business in Hong Kong and microfinance business in Mainland China.For more information, please visit the company’s website at www.aeon.com.hk. Copyright 2024 ACN Newswire via SeaPRwire.com.
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