The Stage is Set for Innovation at the World CX Summit and Awards ACN Newswire

The Stage is Set for Innovation at the World CX Summit and Awards

BENGALURU, INDIA, Sep 17, 2024 - (ACN Newswire via SeaPRwire.com) - With three days to go until the World CX Summit and Awards 2024 unfolds, the stage is set for India's top-notch gathering of customer experience leaders and innovators. The event is hosted by Trescon will take place in Bengaluru on 19th September 2024 at the JW Marriott Hotel. This summit will bring together over 200+ C-level experts to explore the latest trends, share insights, and recognize excellence in customer experience.The recent innovations in the AI space bring a whole new dimension to how businesses and CX leaders operate and interact with customers. From generative AI to utilizing advanced data analysis to interpreting customer feedback, these technologies are transforming the way organizations understand and engage with their audience. AI is truly reshaping existing business models and creating new avenues for competitive advantages.The World CX Summit will provide a platform for CX experts and innovators to explore these next-gen solutions and their impact on customer experience. The event's sessions will cover a range of topics, from enabling security-centric customer experiences and integrating data analytics to how brands are manoeuvring the digital revolution.Among the notable speakers at the event are:Vishal Bhatia, Chief Digital officer, Canara BankPinkustar Borah, Director, Head of IT - Customer Experience, South Asia, Hindustan Unilever LimitedKalyani Seshadri, Lead - Customer Experience, TanishqSatish Bettadapur, Vice President & Global Head for Customer Care Centers, HPLakshman Velayutham, CMO, Ujjivan Small Finance BankFasih Abbas M, Senior Director & Head of Customer Success, Cashfree PaymentsTanuj Diwan, Global Head- SurveySensumAnkit Goenka, Senior VP- Customer Experience, Bajaj AllianzKomal Prasad B, Vice President - Occupier Care & Experiences, Prestige GroupRAMANATHAN RV, Co-founder and CEO, HyperfaceRAKHI RANA, COO, DroolsAttendees will also engage in thought-provoking panel discussions and keynote sessions designed to foster collaboration and inspire new approaches to customer experience management. The summit will become an essential forum for driving innovation, sharing best practices, and setting new benchmarks for excellence in customer experience."As Bengaluru hosts the World CX Summit and Awards 2024, it underscores the city's role in shaping the future of customer experience. The summit serves as the premier platform for exploring the latest advancements and strategies in customer experience, setting new standards for excellence and innovation," states Mithun Shetty, Vice-Chairman, Trescon.Sharing the importance of the summit, Tanuj Diwan, Global Head- SurveySensum said, "CX has shifted from a 'nice-to-have' to a critical business priority in India. While AI and analytics are key, getting the basics right-like customer profiling and tech integrations is essential to align CX teams and drive sustainable growth."Ramanathan RV, Co-founder and CEO of Hyperface said, "The intersection of technology and fintech is not only driving financial inclusion but also fundamentally reshaping customer expectations. The World CX Summit brings together the industry's trailblazers, and we are excited to contribute to discussions that will shape embedded finance experiences."The event will also showcase the much-awaited World CX Awards, spotlighting and celebrating the pioneering achievements of the nation's foremost CX professionals. This segment will honour outstanding leadership and exceptional contributions across various sectors, marking a prominent celebration for the "Top CX Leaders Awards" and "Top Marketing Leaders". Register to join those setting new benchmarks in customer experience and marketing innovation. Secure your place today!The 12th edition of the World CX Summit & Awards is brought to you byGold Partner: Tata CommunicationsSilver Partner: Tata Tele Business ServicesLanyard Partner - HyperfaceBronze Partner - SURVEYSENSUMExhibitors - ICCS -Business Process Management Company; LimeChatOfficial Event Tech Partner - KonfHubOfficial Print Media Partner - Business StandardAbout TresconTrescon 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.comFor media inquiries and further information, please contact:Vishal S SMedia and Communications SpecialistTresconEmail: vishals@tresconglobal.comMobile: +91-7358680951 Copyright 2024 ACN Newswire via SeaPRwire.com.
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Ripple Therapeutics Announces Collaboration and Option-to-License Agreement with AbbVie to Develop Next-Generation Therapies for Glaucoma Management ACN Newswire

Ripple Therapeutics Announces Collaboration and Option-to-License Agreement with AbbVie to Develop Next-Generation Therapies for Glaucoma Management

TORONTO, ON, Sep 17, 2024 - (ACN Newswire via SeaPRwire.com) - Ripple Therapeutics today announced a collaboration and option-to-license agreement with AbbVie to develop RTC-620, a next generation, fully biodegradable, sustained release drug delivery intracameral implant with repeat dosing capabilities to reduce intraocular pressure (IOP) in patients with open-angle glaucoma (OAG) or ocular hypertension (OHT). This collaboration leverages AbbVie's expertise in eye care and Ripple's innovative drug delivery platform.Ripple's patented technology platform is based on a discovery that drugs can be engineered into controlled release pharmaceuticals without the use of polymers or excipients. These proprietary prodrugs undergo surface erosion to give zero order release kinetics and are highly customizable to tailor both drug dose and duration. Because there are no polymers or excipients, once the drug is gone, the implant is gone with no pro-inflammatory degradation products, which supports repeat dosing."We're pleased to partner with AbbVie, a worldwide leader in ophthalmic therapeutics," said Tom Reeves, President and Chief Executive Officer, Ripple Therapeutics. "By combining our drug delivery platform with AbbVie's research, clinical, regulatory and commercial capabilities, we hope to deliver a meaningful impact on the lives of people living with glaucoma."Millions of people are living with glaucoma, one of the leading causes of vision loss. New treatment options are needed to help patients challenged with topical drops or who are at risk for vision loss and looking for alternative treatment options."At AbbVie, we strive to find innovative solutions to build our portfolio of vision-preserving therapies," said Michael Robinson, M.D., Vice President and Therapeutic Area Head, Ophthalmology, AbbVie. "We are excited to partner with Ripple to further advance the development of RTC-620."Under terms of the agreement, Ripple will lead preclinical development of RTC-620. Upon exercise of the option, AbbVie will lead the clinical and commercialization activities. Ripple will receive an upfront payment of $21.8 million from AbbVie and is eligible to receive up to $290 million in aggregate option fees and milestones, as well as tiered royalties on net sales.About Ripple TherapeuticsRipple Therapeutics Corporation is a privately held clinical stage company focused on improving ophthalmic therapeutics with controllable sustained delivery implants without the use of polymers or excipients. Our novel therapeutics provide better outcomes for patients, easier management of care for physicians and lower cost for payors. www.rippletherapeutics.comPiper Sandler acted as the exclusive financial advisor to Ripple.For further information:Media: Julie Fotheringham, jfotheringham@rippletherapeutics.com, 416-951-7988SOURCE: Ripple Therapeutics Copyright 2024 ACN Newswire via SeaPRwire.com.
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Discover Exclusive Italian-Made Luxury Products at FIND – Design Fair Asia 2024 ACN Newswire

Discover Exclusive Italian-Made Luxury Products at FIND – Design Fair Asia 2024

SINGAPORE, Sep 17, 2024 - (ACN Newswire via SeaPRwire.com) - DELUXE SYSTEMS is excited to announce its participation in FIND - Design Fair Asia, taking place from October 26th to 28th, 2024, at Marina Bay Sands, Singapore.This prestigious event will offer a unique opportunity to experience, for the first time in Southeast Asia, the finest Made in Italy luxury windows, doors, and glass railings, exclusively designed for high-end residences.Showcasing Exclusive Italian Brands At Stand 1C60, DELUXE SYSTEMS will present a curated selection of products from renowned Italian brands including Ponzio, Faraone, Flessya, Chirenti, and Dimensione Serramenti. Each brand reflects Italian excellence, offering high-quality, innovative solutions for luxury residential projects.Luxury Windows, Doors, and Glass Railings Our exclusive range of Italian-made products includes windows, doors, and glass railings tailored to the needs of luxury residences. With a focus on sophisticated design, superior craftsmanship, and cutting-edge functionality, these products bring unparalleled beauty and performance to any project. From customized colors to advanced energy-saving features, the options are endless, providing architects and designers the freedom to create truly unique spaces.Sustainability FocusEnvironmental responsibility is at the core of our philosophy and products. Choosing aluminum is a green choice in every aspect, from production to improving the energy efficiency of buildings, especially when thermal break technology is used. We are committed to providing solutions that reduce environmental impact while maintaining the highest standards of quality and performance.Endless Customization & Energy Efficiency DELUXE SYSTEMS' offerings stand out for their endless customization options, including an extensive range of colors, finishes, and styles, allowing for complete personalization.Beyond aesthetics, our products are designed with a commitment to energy efficiency, helping luxury residences achieve sustainability goals while maintaining the highest standards of quality.Reserve your detailed presentationWe invite you to explore these exceptional products and discover how our exclusive Italian brands can elevate your next luxury residential project in Southeast Asia.Join us at Stand 1C60 for a detailed presentation and receive exclusive materials and gifts.To schedule an appointment, please complete the form.About DELUXE SYSTEMSDELUXE SYSTEMS is specialized in high-end architectural solutions, providing luxury windows, doors, and glass railings to the Southeast Asian market. Partnering with Italy's most prestigious brands, we deliver the best in design innovation, customization, and sustainability for luxury residences.For more information, visit us at Website or contact us.Social LinksFacebook: https://www.facebook.com/deluxesystemsLinkedIn: https://www.linkedin.com/company/deluxe-systems/Instagram: https://www.instagram.com/deluxesystemsMedia contactBrand: DELUXE SYSTEMSContact: Germano Vitali, DirectorEmail: info@ds.asiaWebsite: https://www.ds.asiaSOURCE: DELUXE SYSTEMS Copyright 2024 ACN Newswire via SeaPRwire.com.
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AI Essentials For Small Businesses to Drive Growth and Save Time ACN Newswire

AI Essentials For Small Businesses to Drive Growth and Save Time

SINGAPORE, Sep 17, 2024 - (ACN Newswire via SeaPRwire.com) - Generative AI (Artificial Intelligence) is not new, however the recent boom in AI tools available to anyone such as image-generation tools and AI-driven applications, while offering new opportunities, can also place small business owners in new and unfamiliar territory.GoDaddy shares some ways in which generative AI can help small business owners and entrepreneurs enhance creativity, streamline operations and support customer engagement.1. Generate creative and unique business names - The biggest barrier to getting started is sometimes a blank screen. Generative AI is great for helping to get creativity started. If thinking of a catchy business name isn't your strong suit, consider using AI to kick-start the process. GoDaddy AI Domain Search can help generate potential business names, giving entrepreneurs a list of unique and creative names that they might not have come up with otherwise.2. Automate content creation - By simplifying the content creation process and enhancing the effectiveness of published materials, such as website content, newsletters or blogs, AI can help save entrepreneurs both time and money.Using advanced natural language processing algorithms and deep learning techniques, AI-powered content-generation tools can analyze existing content within a specific industry or niche. Using that information, AI tools can then generate relevant and engaging content. And then, you can update the output to match the overall vibe of your unique business.To help entrepreneurs be successful in creating prompts to use with AI tools, GoDaddy created a free guide. This guide offers small business owners tips for how to create text and visual prompts.3. Enhance customer service - With AI, business owners can quickly craft personalized responses, such as thank-you emails to customers after they make a purchase or sign-up for a service, reminder emails, and responses to inquiries or complaints. By providing fast and personalized responses to customers, using AI-powered tools can help to enhance the overall customer experience, leading to higher satisfaction rates and a stronger brand reputation, and help to drive further engagement with customers.4. Support for social media management - Engaging on social media channels is an important part of growing a business in today's digital environment, but managing multiple platforms and attempting to brainstorm creative new content can feel daunting. AI can help here as well.Tasks AI can support with include creating a list of key moments and relevant events for a target audience, craft ad copy to grab people's attention, write simple video scripts, create editorial calendars, and provide creative captions for image-based posts. GoDaddy Studio creates professional-looking content for a business or personal brand. Anyone can easily and quickly produce engaging content without needing advanced design skills. This free tool is available for anyone looking to enhance their online presence and take advantage of branded content for their social media channels, website, customer email communications, and more.While AI tools can help save time and money, it is crucial for a human to closely review the output of the AI tool that you choose to use, as AI can return incorrect, false or outdated information or may include content containing third parties' intellectual property."In today's fast-changing digital world, GoDaddy is equipping small business owners with AI tools and guidance to help them boost their content creativity and streamline operations, saving them time to focus on growing their businesses," said Selina Bieber, Vice President of International Markets at GoDaddy.GoDaddy offers a wide array of online resources to help small businesses and entrepreneurs thrive in the digital world, from website building and e-commerce tools to email and digital marketing solutions.For more information on how GoDaddy can help your business, visit GoDaddy.About GoDaddyGoDaddy helps millions of entrepreneurs globally start, grow, and scale their businesses. People come to GoDaddy to name their idea, build a professional website, attract customers, sell their products and services, and accept payments online. GoDaddy's easy-to-use tools help microbusiness owners manage everything in one place and its expert guides are available to provide assistance. To learn more about the company, visit www.GoDaddy.com.Issued on behalf of GoDaddy.For more information, contact:Fekra Communicationsinfo@fekracomms.com Copyright 2024 ACN Newswire via SeaPRwire.com.
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Cordlife Unveils Enhanced Processing and Storage Facility in Singapore; Strengthens Processes as It Resumes Collection of Cord Blood Units in a Controlled Manner ACN Newswire

Cordlife Unveils Enhanced Processing and Storage Facility in Singapore; Strengthens Processes as It Resumes Collection of Cord Blood Units in a Controlled Manner

SINGAPORE, Sept 17, 2024 - (ACN Newswire via SeaPRwire.com) - Cordlife Group Limited (“Cordlife” or the “Company” and together with its subsidiaries, the “Group”), which has been approved to resume cord blood banking activities in Singapore in a controlled manner, today unveiled its enhanced processing and storage facility, featuring strengthened operational protocols and an advanced laboratory monitoring system, among other improvements.Group Executive Director Ms Chen Xiaoling and Group Chief Executive Officer Mr Ivan Yiu said the intense rectification efforts leading up to the resumption of its services highlight Cordlife's commitment to rebuilding trust with clients in Singapore and laying a stronger foundation for future growth."We sincerely apologise for the distress the incident has caused. We are deeply grateful for the patience shown by our clients and the authorities. We drew support from external industry experts as part of our in-depth review,” said Ms Chen."After vigorous evaluation, the Board, which was reconstituted on 14 May, continues to identify safeguards to prevent such incidents from recurring. We are fully committed to making Cordlife safer, stronger, and more secure for the families who trust us with their children's future health," Ms Chen added.Enhanced Lab Monitoring and Operational ResilienceA significant highlight of the enhanced 5,400 square feet (502 sqm) facility is its new laboratory monitoring system. This system tracks the temperature of 27 cryogenic storage tanks and other critical equipment, ensuring 24/7 real-time surveillance both on-site and remotely. It provides detailed alerts to technicians, supervisors, and management through multiple communication channels, with procedures in place to escalate issues to senior leadership if necessary.To further safeguard operations and power supply, the monitoring system is equipped with its own power source, while other equipment in the facility is supported by multiple uninterruptible power supplies and a backup generator. Additionally, the Company has strengthened its core processes and implemented additional failsafe measures, such as assigning more technicians to be on duty after office hours, ensuring continuous operations under any circumstances.Validated Cord Blood Processing CapabilitiesThe facility’s cord blood processing laboratory is equipped with four units of AXP® II system, a U.S. FDA-approved automated platform for processing cord blood. The Company has successfully completed validation of this system under the supervision of the Ministry of Health's (MOH) expert panel. The system’s advanced sensors ensure precise control during processing, allowing for a higher yield of viable stem cells, which is crucial for successful cord blood transplants. The Company has also refurbished its facility and plans to reorganise its key laboratory equipment to streamline operations and improve efficiency. Staffing and Governance EnhancementsOn human resources, Mr Yiu said, “To enhance operational capabilities and improve service quality further, we have increased our laboratory and technical personnel by 18% since I was appointed. We will continue to recruit more experts and professionals to elevate standards further and prepare for future growth.” To ensure robust oversight, Cordlife has established a dedicated oversight committee comprised of certain Board members and management, as well as a Medical and Technical Advisory Board.Strategic Partnerships and Controlled Resumption of Cord Blood CollectionCordlife has also engaged Shandong Qilu Stemcell Engineering Co., Ltd. (“Shandong Qilu”), a leading cord blood bank in China, to further strengthen its operational capabilities. Shandong Qilu’s expertise, gained from managing about 1 million cord blood units and facilitating over 10,000 cord blood transplants in China, brings invaluable expertise to the Singapore team.From 15 September 2024 to 13 January 2025 (unless approved sooner by MOH), Cordlife will be permitted to resume its cord blood banking services operations in a controlled manner, provided that the Company shall not collect, test, process, and/or store more than 30 new cord blood units per month from infant donors (including through any person appointed to provide the aforementioned services on behalf of the Company). This follows MOH’s confirmation that Cordlife’s facility in Singapore has “met the essential criteria necessary for the resumption of its cord blood banking services operations.”Ms Chen said, “Over the last nine months, our staff has worked closely with various industry experts and, most importantly, MOH. We thank MOH for its guidance, which has helped Cordlife emerge with a much stronger foundation. We intend to progress from controlled resumption to full resumption. We will work hard to regain the full trust of MOH and our clients in Singapore.”Mr Yiu said, “Cordlife has emerged from a major challenge, which has made us a more robust cord blood bank in Singapore. Our facilities outside of Singapore are not affected. We will grow our Group’s operations to provide more reliable and innovative services, establish strategic partnerships, and grow our market share in the region.”Commitment to Clients and TransparencyCordlife has been engaging with active clients affected by temperature excursions in two cryogenic storage tanks and a dry shipper to offer a refund of annual fees received from the start of the temperature excursion and a waiver of subsequent fees until the maturity of service agreements when the child turns 21. The Company will store these units at no cost until the maturity of their service agreements when the child turns 21. Cordlife will not unilaterally dispose of any cord blood units for clients whose service agreements are nearing or have already passed maturity until a resolution is reached. If a transplant physician deems the cord blood unit unsuitable for an approved cord blood transplant solely due to its failure to meet the viability criteria, Cordlife will make all reasonable efforts to find a suitable replacement.Additionally, donated cord blood units stored in five other cryogenic storage tanks, deemed at low risk of being adversely affected by temperature excursions, are undergoing further testing following the results of the preliminary impact assessment conducted earlier this year. Billings for clients with cord blood in these tanks have been paused pending the test results. Ms Chen concluded, “Cordlife appreciates the support of all clients over the years. We also thank all clients who have accepted our resolutions in recent months. We are encouraged by this and will continue to engage the remaining clients to reach an amicable resolution.”ABOUT CORDLIFE GROUP LIMITEDCordlife Group Limited (“Cordlife”, together with its subsidiaries, the “Group”), founded in 2001, owns and operates Asia’s largest network of private cord blood banks. The Group is committed to ensuring the health and well-being of both mother and child, amongst others. Listed on the Mainboard of the Singapore Exchange since 2012, the Group is a pioneer in private cord blood banking in Asia with extensive transplant experience, having processed and stored more than 400,000 cord blood, cord lining, cord tissue, and placenta stem cell samples. Cordlife is an industry leader in Hong Kong, Indonesia, and the Philippines and one of the top three market leaders in India and Malaysia. Through its majority-owned subsidiary in Malaysia, Stemlife Berhad, Cordlife has an indirect stake in Thailand’s largest private cord blood bank, Thai Stemlife. In addition to cord blood, cord lining, cord tissue, and placenta banking, Cordlife offers families a comprehensive suite of clinical diagnostics, including non-invasive prenatal testing, paediatric vision screening, and newborn metabolic screening. Cordlife strives to ensure reliable quality and is committed to a customer-centric approach. For more information, visit http://cordlife.listedcompany.com. ISSUED ON BEHALF OF: Cordlife Group LimitedBY: WeR1 Consultants Pte Ltd1 Raffles Place #02-01One Raffles Place Mall Suite 332Singapore 048616CONTACT: Mr Isaac TangOFFICE: +65 9748 0688EMAIL: cordlife@wer1.net Copyright 2024 ACN Newswire via SeaPRwire.com.
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Aryn Hala Announces Launch of Sustainable Cooking Cookbook, Available October 1st ACN Newswire

Aryn Hala Announces Launch of Sustainable Cooking Cookbook, Available October 1st

GOLD COAST, AUSTRALIA, Sept 17, 2024 - (ACN Newswire via SeaPRwire.com) - Celebrated Gold Coast chef, Aryn Hala, is thrilled to announce the upcoming release of her highly anticipated cookbook, which focuses on sustainable cooking practices. The book, available on October 1st, will be offered at all major retailers and as a special edition hardcover coffee table book at select retail bookstores.Known for her innovative approach to cooking and commitment to eco-friendly practices, Aryn's cookbook is set to inspire home cooks to create delicious meals while making environmentally conscious choices. The book blends her passion for food with practical tips on reducing food waste, sourcing local ingredients, and cooking mindfully.Born and raised in Queensland, Aryn's love for cooking was nurtured in her grandmother's kitchen, where she learned the importance of using fresh, local ingredients. This early experience laid the foundation for her culinary career, leading her to earn a diploma from the Culinary Institute of Australia and co-found the Sustainable Cooking Club. Now, with her cookbook, Aryn hopes to inspire a new generation of home cooks to embrace sustainability."I'm so excited to release this cookbook," said Aryn. "It's been a dream of mine to share my approach to cooking with others in a way that's both creative and sustainable. Small changes in the kitchen can have a big impact, and I want to show people how they can cook amazing food while caring for the planet."The cookbook is designed to be approachable for all skill levels, from beginners to seasoned cooks. In addition to recipes, the book features personal stories from Aryn's career and life in Gold Coast, making it a unique blend of culinary instruction and personal inspiration.Available in a hardcover edition and a special coffee table version, Aryn's cookbook is the perfect gift for food lovers and sustainability enthusiasts alike.For media inquiries, interviews, or more information about the cookbook, please contact Aryn Hala at her website https://www.arynhalacooking.com/.About Aryn HalaAryn Hala is a renowned chef based in Gold Coast, Queensland, known for her innovative, sustainable approach to cooking. As the head chef at Patio Season, Aryn focuses on creating seasonal menus that showcase locally sourced ingredients. Her upcoming cookbook, launching on October 1st, aims to inspire a new generation of mindful cooks to make more sustainable choices in the kitchen.Media ContactAryn Halacontact@arynhalacooking.comhttps://www.arynhala.com/https://www.linkedin.com/in/aryn-hala-37b209304/https://medium.com/@arynhalaSOURCE: Aryn Hala Copyright 2024 ACN Newswire via SeaPRwire.com.
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Midea Group Heads For Global Expansion with its ToB Business

HONG KONG, Sept 17, 2024 - (ACN Newswire via SeaPRwire.com) - According to the data from Wind, the mass consumption index has been on a continuous downward movement since May this year with the cumulative decline being over 10% during the year, and showed a fluctuating decline trend in the past three years, which is currently in an overall undervalued state, and has a comparative advantage in terms of market valuation. Well, the U.S. Federal Reserve has released the signal of an interest rate cut in September, which is expected to add some leeway in domestic monetary policy. Meanwhile, against the expected backdrop of the policy actively promoting the implementation of reforms and stable growth to boost the fundamentals, the leaders in the mass consumption industry represented by Midea Group have registered stable growth in results and made continuous dividends distribution, with enhanced returns to shareholders and outstanding investment appeal.Being speeding up the process of its global expansion, Midea Group has currently completed its IPO in the H share stock market and become listed on the main board of the Hong Kong Stock Exchange today, achieving the milestone of “A+H” dual listing. Not long ago, Midea Group published its 2024 Interim Report, which not only recorded double-digit growth of 10% and 14% in revenue and profit attributable to parent company to RMB218.1 billion and RMB20.8 billion respectively, both of which hit record highs, but also yielded unusually brilliant results in its ToB business, and strong growth was recorded in its overseas business, which grew by 13% year-on-year and far exceeded that of its domestic business, thus realising a further upgrade of its “global impact”.Going global to accelerate the spillover of its industrial chains and create a sample of Chinese enterprises’ global expansionAt present, the home appliance market of China has entered a mature stage, with the average per household ownership of major categories of products being close to a reasonable level, and the consumption demand being dominated by upgrading of existing products. The competitive landscape is stabilising, and the room for market share expansion is limited. In view of that, global expansion is the general trend in the industry. Midea, which has successfully transformed itself into a globalised technology group in recent years, has significant advantages in terms of scale, R&D, manufacturing, channels and marketing, and there may be a promising future for it to go global.The value of the global home appliance industry chain is distributed in a “smile-shaped” manner, with the demands from European and American markets are mainly upgrade, while in emerging markets, there is significant room for the penetration rate to increase, the export side has therefore relatively large growth potential for Chinese enterprises. Currently, global impact is one of the core strategies for Midea Group, and the Company has taken the route of branding overseas and relocating capacity concurrently to build a second “home court” overseas, and adheres to the OBM (Own Brands) priority strategy to develop exports and shape new growth momentum.By building a global R&D, manufacturing and sales network, Midea Group has been enabling the penetration of its brand in a multi-dimensional and all-round way, unleashing the spillover effect of the industrial chain and strengthening its globalisation development capability. Midea has set up 17 overseas R&D centers in 10 countries abroad, integrating global R&D resources and forming a global technology R&D capability with complementary advantages. The Company has established 22 overseas production bases, realising production and delivery globally, and enjoying growth opportunities in overseas markets, with its products having been exported to more than 200 countries and regions around the world, and the Company has established online and offline sales networks in many markets overseas, with about 5,000 after-sales service outlets. Its overseas OBM business, mainly Toshiba, Midea and Comfee brands, is also growing rapidly and its OBM products have demonstrated strong competitiveness in many overseas markets.The results of the intensive efforts in overseas markets are clearly reflected in the operational data and financial performance. Benefiting from the continuous development of its overseas smart home business and the enhancement of user experience, in the first half of 2024, the smart home apps of Midea had over 1 million newly registered users overseas and 3.1 million registered users, with the average number of monthly active users increasing by nearly 150% year-on-year. At the same time, the Company insisted on digital transformation, using digital tools to empower overseas terminal retail, with more than 1,500 new digital terminal outlets. In addition, the Company also launched e-commerce business overseas to boost the development of its own brand, with e-commerce sales revenue having increased by more than 50% year-on-year in the first half of 2024.Although facing multiple risks and challenges in its development in overseas home appliance market due to multiple factors such as macroeconomic fluctuations, drastic changes in exchange rates and persistently high inflation, Midea Group adhered to the consumer-centric product orientation, strengthened localised operation overseas, and promoted the strong growth of its overseas business against the trend, realising a revenue of RMB91.1 billion in the first half of the year, accounting for 42% of the total revenue of the Company, which made it be the second largest A-share listed company in terms of overseas revenue.For such beautiful results, the outside world has fully saw the ability and confidence behind the global impact of the Midea Group, and in the boom of going global for Chinese enterprises, the Company has successfully created a global expansion sample of high-quality development. With the inventory level of mainstream overseas home appliance consumer markets continuing to decline, sea freight charges have gradually dropped since the second half of 2022, home appliance export sales are expected to continue with a high degree of prosperity, and the benefits of going global are evident. It is just a beginning for Midea Group to benefit from such move.Enhancing Both Quality and Quantity of ToB Business, and Extending Growth Resilience by Diversified LayoutMidea Group’s global impact is not just quantity enhancement for going global, but also a premiumization strategy in a way to seek quantity growth in ToB business (Commercial & Industrial Solutions business). During the ToB business’ transformation, Midea Group actively cultivates new quality productive forces, steps up efforts in four major segments, and continues to promote industrial upgrading with technological innovation, endeavoring to lengthen the second growth curve that drives the Company's continuous results growth, and to enrich the Company's intrinsic value.Regarding the Energy Solutions & Industrial Technology segments, Midea emphasises on growth and creation and continues to expand its business boundaries and achieve accelerated growth. In the first half of 2024, Midea filed more than 680 new patent applications, was granted more than 2,700 patents for inventions, and was awarded one Gold Prize and two Merit Prizes for the Tenth Guangdong Provincial Patent Award, as well as one Silver Prize for the Tenth Anhui Provincial Patent Award. Its R&D achievements have won numerous awards in the industry, and the “High Torque Density and Low Torque Ripple Direct Drive Permanent Magnetic Motor” technology led by Midea, which can provide smaller and quieter motor solutions for air-conditioning products, has been recognised as internationally leading level.Regarding the Intelligent Building Technology segment, Midea has six major product manufacturing bases and seven research and development centers around the world, with a sales network covering the global market, and has formed the largest professional intelligent building product matrix and service network with a complete range of products in China. According to online industrial data, in the first half of 2024, Midea continued to rank first in the industry in terms of sales scale in the domestic central air-conditioning market, and topped the list in the industry in terms of market share for core products such as unit air conditioner and module air conditioner, with a market share of approximately 36% and 13% respectively, and was among the top in the industry in the domestic multi-connected market.Regarding the Robotics & Automation segment, according to MIR statistics, in the first half of 2024, KUKA China's orders in the consumer electronics industry increased significantly, and the domestic market share of KUKA's industrial robots further increased to around 7.8%. As China's manufacturing industry accelerates its overseas expansion, KUKA China has made full use of its overseas channel network and market access advantages to boost its overseas market development with locally developed robotic products in China, and its orders from overseas market in the first half of the year also increased significantly year-on-year, with its mobile robotics business accounting for close to 50% of its overseas revenue.Supported by its technology leadership, the ToB business of Midea Group is making rapid progress, enabling Midea Group's growth resilience to be more explosive. In the first half of 2024, the Company's revenue from Energy Solutions & Industrial Technology amounted to RMB17.1 billion, representing a year-on-year increase of 26%; revenue from Intelligent Building Technology amounted to RMB15.7 billion, representing a year-on-year increase of 6%; and revenue from Robotics & Automation amounted to RMB13.9 billion. On the basis of the solid leading position of its ToC (Smart Home Solutions) business, the balanced development of ToC and ToB will gradually optimise the Company's business structure through cyclical complementarities in multiple industries, and drive the overall profitability of Midea Group to continue to improve.Focusing on comprehensive intelligentization and digitalization, its in-depth layout and effective execution in the international market and ToB business have pushed Midea Group to make achievements in both “going global and diversification”, and with its firm strategies, the Company is striding forward towards becoming a global B-end enterprise. Its listing on the Hong Kong Stock Exchange will also help the Company to further enhance its international image and open up broader space for its expanding in overseas markets and enhancing its overall competitiveness, thus enabling its market scarcity attributes and investment value to be ready to unleash. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Official Registration for GAFA2024 Now Open: Asia’s Largest Network of Glass and Facade ACN Newswire

Official Registration for GAFA2024 Now Open: Asia’s Largest Network of Glass and Facade

HO CHI MINH CITY, VIETNAM, Sept 16, 2024 - (ACN Newswire via SeaPRwire.com) - The much-anticipated Glasstech Asia and Fenestration Asia (GAFA) 2024 is now officially open for registration! Set to take place from December 11-13, 2024, in the vibrant city of Ho Chi Minh, Vietnam, GAFA2024 is poised to be a groundbreaking event, bringing together the most influential players in the glass and facade industries.At GAFA2024, we are dedicated not only to driving innovation within the industry but also to fostering the future of architecture and design. Our commitment to excellence is reflected in our support for emerging talent and the new ideas they bring to the table. This year’s event will shine a spotlight on these visionary perspectives, underscoring our role as a catalyst for both current and future industry leaders.Event Highlights:Business Matching Program: GAFA2024 introduces a robust business matching program, designed to connect attendees with the right partners to foster collaboration, drive business opportunities, and forge long-lasting relationships.Conference Program Curated by VGBC: In collaboration with the Vietnam Green Building Council (VGBC), this year’s conference program will delve into the latest trends, technologies, and sustainable practices shaping the future of glass and fenestration in Asia. Expect insightful sessions led by thought leaders and industry pioneers.Innovation Pitching Forum: Innovation takes center stage at the GAFA2024 Innovation Pitching Forum, where startups and industry disruptors will present their groundbreaking solutions to a panel of experts and potential investors, offering a glimpse into the future of glass and facade technologies.Networking Opportunities: GAFA2024 will provide unparalleled networking opportunities with experts and leaders from government bodies, trade associations, academic institutions, and the industry. This is your chance to connect with the key decision-makers who are shaping the future of the industry.League of Future Glass Design: In a bid to foster new talent and innovation, GAFA2024, in partnership with the University of Architecture Saigon (UAH), will host a Student Design Competition. This competition will see budding architects, engineers and designers compete to showcase their most innovative ideas. The competition will culminate in an exciting final round during the event, where the winner will be crowned, offering a unique opportunity to witness the future of architecture in the making.Powered by BAU and Supported by the Singapore Glass AssociationGAFA2024 is proudly powered by BAU, a leading trade fair for architecture, materials, and systems, and a key part of the BAU Network. This affiliation allows our exhibitors and visitors to tap into BAU’s extensive global network, providing unmatched opportunities to connect with a broader audience, access new markets, and drive innovation in the glass and façade sectors. With the support of the Glass Alliance, this event underscores our commitment to advancing the glass industry in Asia through collaboration and knowledge-sharing.Shaping the Future of Glass and FenestrationGAFA2024 aims to chart the course for the next generation of glass and facade technologies, setting the stage for innovations that will define the industry’s future. With sustainability and cutting-edge design at the forefront, GAFA2024 is where visionaries and industry leaders come together to turn ideas into reality.Join Asia's Largest Network of Glass and FacadeAs Asia’s largest network of glass and facade professionals, GAFA2024 offers a unique platform to engage with the entire value chain, from manufacturers and suppliers to architects and developers. This is more than an event; it’s a movement toward a more sustainable, innovative future.Register NowDon’t miss out on the premier event of the year. Register now at https://ishk.infosalons.com.cn/reg/GAFA24VN/registeren/login and be part of the future of glass and fenestration in Asia.About Glasstech and Fenestration AsiaGlasstech and Fenestration Asia (GAFA) is powered by BAU, a leading trade fair for architecture, materials, and systems, and the Singapore Glass Association. GAFA is the leading trade show in Asia for the glass and facade industry, offering unparalleled networking, business, and learning opportunities. With a focus on innovation, sustainability, and industry collaboration, GAFA is where the future of glass and fenestration comes to life.For media inquiries, please contact:Amanda LimMarketing Executiveamanda.lim@mmiasia.com.sg Copyright 2024 ACN Newswire via SeaPRwire.com.
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United Media Services Participates in Panel Discussion at the International Broadcasting Convention (IBC) in Amsterdam ACN Newswire

United Media Services Participates in Panel Discussion at the International Broadcasting Convention (IBC) in Amsterdam

AMSTERDAM, Sept 16, 2024 - (ACN Newswire via SeaPRwire.com) - United Media Services (UMS) participated in the International Broadcasting Convention (IBC), held in the Dutch capital of Amsterdam, with a panel discussion highlighting its role in advancing and supporting Egyptian and Arab media as one of the largest media conglomerates in the Middle East and North Africa.UMS panel during IBC 2024This year's IBC edition hosted a panel titled "Reconfiguring an Established Media Ecosystem by Embracing Disruptive Technological Innovations", featuring Amr El Feki, CEO and Managing Director of United Media Services, and Nashwa Gad E Haq, Chairwoman and Managing Director of WATCH IT. The panel was moderated by Allan Mclennan, the experienced IBC moderator.El Feki noted that since its founding eight years ago, United Media Services has adopted a sustainable economic model that provides the media sector with the necessary technological capabilities and creates an ideal working environment for thousands of media professionals, technicians, and specialists.He added that UMS, as a media conglomerate, owns 46 companies, employs 9,000 people, and operates 17 television channels, including 3 news channels, 12 newspapers and news websites, and 6 radio stations, in addition to several companies specializing in marketing, drama and film production, as well as IT companies dedicated to the media industry.El Feki emphasized that UMS draws its strength from the rich history of Egyptian media, which spans over a century and a half. This legacy has left behind a vast library that has significantly influenced the Egyptian and Arab public, thanks to professional and robust media institutions.On her part, Nashwa Gad El Haq stated that UMS has heavily invested in incorporating technology across all areas of media and entertainment production since its inception. This has enabled the company to lead the industry in both the Egyptian and Arab markets.She further explained that WATCH IT's success in becoming the leading entertainment platform in Egypt is a result of extensive efforts in leveraging global technological advancements for platform development. This success was also driven by a strategic shift in consumer behavior, moving from a preference for free access to entertainment content to a subscription-based model.The IBC event features fierce competition among major players in media technology, digital broadcasting, and communications development. The convention showcases the latest innovations, advanced programs, and smart solutions in media technology. IBC is considered one of the world's most important events in the field of television broadcasting and related technologies, attracting thousands of media professionals, specialists, and senior media leaders and news agencies globally for over 57 years.Founded in 2016, United Media Services is now one of the largest media entities in the Arab world, owning 46 leading companies across various media sectors, including visual, audio, print, and electronic media, as well as drama production, and direct and indirect advertising. The company also provides distinguished sports rights and marketing expertise, enabling it to offer fully integrated, unique media services across the region.Contact InformationEman Salempress@30n.orgSOURCE: United Media Services Copyright 2024 ACN Newswire via SeaPRwire.com.
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One World International School in Riyadh Signs Agreement With Liverpool FC International Academy Saudi Arabia ACN Newswire

One World International School in Riyadh Signs Agreement With Liverpool FC International Academy Saudi Arabia

RIYADH, Sept 15, 2024 - (ACN Newswire via SeaPRwire.com) - One World International School (OWIS) in Riyadh, a distinguished member of the Singapore-headquartered Global Schools Group (GSG), has teamed up with Liverpool FC International Academy Saudi Arabia to host their football training sessions which aims to give best opportunities to young football enthusiasts in Riyadh.Liverpool Academy at OWISOWIS team joining hands with Liverpool team (left) to host football sessionsAn agreement to collaborate on the hosting was exchanged between GSG Associate Director of Operations for OWIS Riyadh, Mr Parshvadeep Singh Rao, school Principal Ms. Shannon Pipes, Liverpool FC International Academy Saudi Arabia Manager & Riyadh Head Coach Mr Colin Wilson, and Business Development Manager Mr Shahrayar Khan.Under the collaboration, OWIS Riyadh will be one of the host venues for top-notch training camps for students of the academy. The collaboration allows GSG to carry forward its vision of providing a holistic learning environment to students. GSG has 64 campuses in 11 countries."It is a momentous occasion for OWIS Riyadh to join hands with Liverpool FC International Academy Saudi Arabia," said the GSG Deputy Chief Operating Officer for the Middle East region Mr Amol Vaidya. "With this academy, we hope to offer a promising opportunity for Riyadh's talented football community. This collaboration reflects our shared commitment to nurturing young talents, helping them follow their passion and excel in life."Dr. Peter Coles, Executive Director of Liverpool FC International Academy Saudi Arabia stated: "We are very excited about our new partnership with the renowned One World International School (OWIS) in Riyadh. This collaboration offers young football enthusiasts in Riyadh the chance to develop their skills under top-tier coaching, aligning with OWIS's commitment to nurturing well-rounded students who excel both academically and in their passions."The Liverpool FC International Academy at OWIS Riyadh will be open to children aged Under 6 - Under 10 Age groups, providing them with the platform to develop their skills and gain an edge in the highly competitive sport of football.About One World International SchoolOWIS is part of the prestigious Singapore-based Global Schools Group (GSG), which educates students of over 70 nationalities. OWIS boasts a multicultural environment where students and teachers come from diverse cultural backgrounds. The school embraces a one-world philosophy that teaches the value of tolerance, acceptance, compassion, kindness and unity. OWIS has campuses in Singapore, Japan and India.Contact InformationRupali KarekarDivisional Managerrupali.karekar@globalschools.com+6598734320SOURCE: Global Schools Group Copyright 2024 ACN Newswire via SeaPRwire.com.
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JibX Launches Perpetual DEX on INTMAX’s Plasma Free Layer 2 Solution ACN Newswire

JibX Launches Perpetual DEX on INTMAX’s Plasma Free Layer 2 Solution

TOKYO, Sept 15, 2024 - (ACN Newswire via SeaPRwire.com) - JibX is excited to announce the launch of its perpetual decentralized exchange (DEX) built on INTMAX's Plasma Free, an advanced Layer 2 scaling solution for Ethereum. JibX aims to revolutionize decentralized finance (DeFi) by offering zero transaction fees, leverage up to 250X, and privacy-focused off-chain settlement.Plasma Free, developed by INTMAX, enables JibX to deliver near-zero fees, high transaction speeds and secure trading while maintaining Ethereum's reliability. Using zero-knowledge proofs and decentralized architecture, Plasma Free resolves key challenges in scalability and cost, making it the perfect platform for JibX's advanced trading model.Quote from JibX Core Team:"Launching JibX on Plasma Free allows us to provide a next-generation trading experience. Zero gas fees, high leverage, and unmatched scalability make JibX a game-changer in the DeFi space. We're proud to bring this innovation to market."Partnership with IdeaSoft and INTMAX:JibX was developed in collaboration with IdeaSoft, a leading blockchain application developer and member of Sigma Software Group, and INTMAX, the company behind Plasma Free. IdeaSoft's experience in building blockchain applications, combined with INTMAX's advanced scaling technology, has enabled JibX to create a scalable, secure, and efficient DEX platform poised to transform the DeFi landscape.Key Features of JibX's DEXZero Transaction Fees: Plasma Free reduces fees to nearly zero, making trading more accessible.Perpetual Swaps with High Leverage: JibX is supported by cutting-edge algorithms and an insurance fund to effectively handle activities with a high degree of risk.Re-staking and Collateral Rewards: We generate an interesting multiplier effect by using LST-based assets and stablecoins. This makes it possible for us to split fees with active traders and to distribute points for re-staking.Privacy and Security: Off-chain private settlement ensures privacy and minimal trading costs.About JibX:JibX is a decentralized exchange (DEX) platform that aims to revolutionize DeFi by drastically reducing transaction fees to near zero, all while maintaining high speed and privacy. Additionally, by leveraging the scalability of INTMAX's Plasma Free, JibX opens up new opportunities for developers to build projects with unprecedented efficiency and scale. The future of decentralized finance is huge, and JibX is at the forefront of this exciting journey.About IdeaSoft:IdeaSoft is a leading fintech blockchain development company that helps startups and enterprises to build cutting-edge solutions.Contact InformationNataliia KomarnytskaPR managernataliia.komarnytska@ideasoft.ioSOURCE: IdeaSoft Copyright 2024 ACN Newswire via SeaPRwire.com.
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UVify to Showcase AG1-Equipped OMEGA Drone at MINExpo 2024 ACN Newswire

UVify to Showcase AG1-Equipped OMEGA Drone at MINExpo 2024

SEATTLE, WA, Sept 13, 2024 - (ACN Newswire via SeaPRwire.com) - UVify is excited to announce its participation at MINExpo 2024, taking place from September 24 to 26 at the Las Vegas Convention Center. UVify will be featured at partner Rajant Corporation's booth (#10741), alongside Boston Dynamics, to demonstrate the power and versatility of its Rajant-Cardinal equipped OMEGA platform (Open Modular Environment for General Autonomy).UVify OMEGA automous drone with Rajant AG1 Cardinal BreadcrumbUVify OMEGA at a mining siteUVify's OMEGA is designed to deliver cutting-edge autonomous solutions that enhance operational efficiency and reduce costs for the mining industry. Equipped with Rajant's Kinetic Mesh® wireless technology and Cardinal modules, the OMEGA platform enables real-time, mission-critical data transfer and seamless communication across complex mining environments. This capability provides mining operations with a robust, scalable solution for maximizing automation potential and driving both productivity and safety."UVify's OMEGA is poised to revolutionize the mining sector," said Robert Cheek, COO of UVify. "By integrating Rajant's advanced communication technology, we are able to provide mining companies with an intelligent, adaptable system that enhances automation capabilities and optimizes costs."MINExpo attendees will have the opportunity to witness live demonstrations of OMEGA's autonomous features, showcasing its potential in streamlining workflows, reducing overheads, and improving overall site management. From autonomous equipment handling to fleet coordination, OMEGA offers mining operators new levels of precision and control.About UVifyUVify is a world leader in high-performance autonomous systems and drone technologies. UVify develops cutting-edge platforms that are known for their reliability, speed, and modularity, serving industries ranging from entertainment and aerospace to mining and defense.About Rajant CorporationRajant Corporation is the exclusive provider of Kinetic Mesh® wireless networks. With its industry-leading mesh networking technology, Rajant enables real-time connectivity for people, assets, and applications operating in dynamic environments.For more information, visit www.uvify.com or join us at booth #10741 during MINExpo 2024 to see how OMEGA and Rajant-Cardinal can revolutionize your mining operations.Press ContactGeoff ArcherMedia RelationsUVifymedia@uvify.com628-222-4032https://www.uvify.comContact InformationRobert CheekChief Operating Officerrobert.cheek@uvify.comHyon LimCEOlim@uvify.comRelated Files2023 IROS OMEGA BrochureSOURCE: UVify Copyright 2024 ACN Newswire via SeaPRwire.com.
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Taiwan Excellence Pavilion concludes Medical Fair Asia 2024 with Showcase of Cutting-Edge MedTech Innovations ACN Newswire

Taiwan Excellence Pavilion concludes Medical Fair Asia 2024 with Showcase of Cutting-Edge MedTech Innovations

SINGAPORE, Sept 13, 2024 - (ACN Newswire via SeaPRwire.com) - Over three days from 11 to 13 September 2024, Taiwan Excellence Pavilion showcased Taiwan’s leading medical innovation and cutting-edge solutions, exemplifying the country’s commitment to advanced medical care at Medical Fair Asia 2024. Held at Marina Bay Sands Expo and Convention Centre, Taiwan’s representation was strong with a contingent of about 90 companies in three separate Taiwan pavilions - Taiwan Excellence Pavilion, Taiwan Pavilion and TMBIA Pavilion.From left to right: Mr. John Cheng, Head of Primary Care at Healthway Medical Group; Mr. Wen-Chung Wu, Director of Economic Division of Taipei Representative Office in the Republic of Singapore; Ms. Anna Wu, Director of Taiwan Trade Center Singapore (TAITRA); Mr. Chen-yuan Tung, Representative of the Taipei Representative Office in the Republic of Singapore; Mr. Daniel Lee, Chairman of Taiwan Medical and Biotech Industry Association; Ms. Chian-Huey Lin, Secretary General of Bureau of Industrial Parks, Ministry of Economic Affairs, and Ms. May Ng, Director, ARQon-Asia Regulatory and Quality Consultancy for Medical Device and Drugs, at the Taiwan Excellence Medical Industry Talk on 11 September 2024.Themed “Shaping the Future with Taiwan's MedTech Innovation” the Taiwan Excellence Pavilion covered three aspects of Taiwan’s medtech innovations - Diagnostic Innovations, Treatment Innovations, and Innovations in Telemedicine and Digital Health Platforms. Taiwan Excellence Pavilion provided 16 leading Taiwanese companies a platform to reach out not only their trading and medical technology partners in the region but also to fulfil their goal of assisting more people to lead longer, more meaningful and healthier lives with innovative technology.Taiwan Excellence Pavilion kicked off the three-day event with the Taiwan Excellence Medical Industry Talk on 11 September 2024. Among the leading Taiwanese companies, Acer Medical Inc., V5med Inc., Shennona Co. Ltd, Brain Navi Biotechnology Co., Ltd, and A Plus Biotechnology Co. Ltd., introduced their products and services and discussed the MedTech trends in Taiwan.Ms. Anna Wu, Director of Taiwan Trade Center Singapore (TAITRA) said, “Taiwan is a frontrunner in medical device innovation, spearheading breakthroughs that improve patient care and transform the healthcare landscape. Building on its expertise in the semiconductor industry, Taiwan has successfully applied advanced technologies and fostered a strong culture of innovation in the biomedical field. Being a part of Medical Fair Asia 2024 helps Taiwanese MedTech companies showcase Taiwan’s leadership in the area.”Mr. Daniel Lee, Chairman, Taiwan Medical and Biotech Industry Association provided an overview of the development of the Taiwan MedTech industry, “Singapore has always been a key partner for Taiwan in the region, with flourishing bilateral trade and technological cooperation. This presents vast opportunities for Taiwan and Singapore to collaborate in the field of smart healthcare, beyond trade, to include technology transfer, research and development, and joint promotion of medical innovations. Through this partnership, we can make transformative contributions to the global medical industry.”Through its participation in Medical Fair Asia, Taiwan Excellence aims to strengthen the enduring ties between Singapore and Taiwan, especially in the medical industry. In 2023, two-way trade between Singapore and Taiwan was worth US$39.2 billion, with Taiwan’s exports to Singapore reaching US$29.7 billion, making Singapore Taiwan’s fifth largest export market.“A key factor in Taiwan’s success in medical innovation is its collaborative ecosystem, where interdisciplinary partnerships between academia, industry, and medical institutions drive research and development. These alliances are central to the nation’s impressive strides in medical device innovation. Through this medical fair, our goal is to ensure that all our exhibitors form a deeper connection with the APAC market and we are looking forward to introducing more of the best of Taiwan’s MedTech to the larger industry and expanding to the other regions as well.” Ms. Wu added.Mr. Allen Lien, Chairman and CEO of Acer Medical Inc. and one of the exhibitors at Taiwan Excellence Pavilion, said, “We are thankful to Taiwan Excellence for giving us this platform to showcase our smart healthcare-related products at the region’s leading healthcare event. Over the three days, our products have garnered the interest of potential customers, and we had the opportunity to connect with our target customers and expand into new regions. We look forward to bringing more MedTech innovations to the next Medical Fair Asia.”Medical Fair Asia 2024 saw approximately 1,000 exhibitors from 45 countries and regions, 19 country pavilions, and 14,000 registered visitors over the three-day event.According to the Singapore Economic Development Board, it is foreseeable that the Asian MedTech market will overtake the EU as the second largest market globally. With Singapore strategically placed, MedTech companies are able to tap into regional resources with the country’s high-value MedTech manufacturing base, innovative R&D ecosystem and hub for new business model innovation, providing a platform for Taiwanese innovators to propel into the international MedTech market.About Taiwan Excellence:The Taiwan Excellence Award was established in 1993 by Taiwan’s Ministry of Economic Affairs (MOEA) with the aim of recognising outstanding products from Taiwan. Products shortlisted for the annual award are proudly made in Taiwan and are judged on their R&D, Design, Quality and Marketing with a key emphasis on Innovative Value. The products that passed the stringent selection process proudly wears the mark and are promoted in the domestic and international markets to strengthens Taiwan’s reputation as the hub of innovation.Media Contact:PRecious Communications for Taiwan ExcellenceTel: +65 6303 0567Email: taitra@preciouscomms.comOrganized by:International Trade Administration (TITA), MOEAThe International Trade Administration (TITA) is responsible for implementing policies and regulations governing foreign trade and economic cooperation. Its primary duties currently include participating in the activities of international economic and trade organizations and enhancing bilateral trade relations.Taiwan External Trade Development Council (TAITRA)Founded in 1970 to help promote foreign trade, the Taiwan External Trade Development Council (TAITRA) is the foremost non-profit, semi-governmental trade promotion organization in Taiwan. Jointly sponsored by the government, industry associations, and several commercial organizations, TAITRA assists Taiwanese businesses and manufacturers with reinforcing their international competitiveness and in coping with the challenges they face in foreign markets. TAITRA boasts a well-coordinated trade promotion and information network of over 1,300 international marketing specialists stationed throughout its Taipei headquarters and 62 overseas offices worldwide. Copyright 2024 ACN Newswire via SeaPRwire.com.
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41st Watch & Clock Design Competition winners recognised at awards ceremony ACN Newswire

41st Watch & Clock Design Competition winners recognised at awards ceremony

HONG KONG, Sept 13, 2024 - (ACN Newswire via SeaPRwire.com) - The physical exhibitions of the 43rd HKTDC Hong Kong Watch & Clock Fair and 12th Salon de TIME, organised by the Hong Kong Trade Development Council (HKTDC), Hong Kong Watch Manufacturers Association Ltd and The Federation of Hong Kong Watch Trades & Industries Ltd, successfully concluded on 7 September. The two fairs attracted some 17,000 buyers from 106 countries and regions. The results of the 41st Hong Kong Watch & Clock Design Competition, also facilitated by the three organisers, were announced. All winning and finalist entries were displayed during the Watch & Clock Fair.The annual Hong Kong Watch & Clock Design Competition promotes the development of Hong Kong's watch industry. In addition to encouraging local designers to create more innovative work, the competition also identifies emerging industry talent.The competition has an Open Group and a Student Group, with Go Beyond Innovation and Talent Moment as their respective design themes. The Go Beyond Innovation theme for the Open Group focused on new concepts and technologies. The Talent Moment theme for the Student Group encouraged participants to explore new frontiers for quartz watches inspired by AI.70 entries were submitted. The winner, first and second runner-up and merit award recipients were selected by a judging panel comprising eight industry leaders and celebrity artiste Benjamin Yuen.Open Group creations break with tradition and inspireThis year's Open Group winner was Vertical 6.0, designed by Wong Ting Bong. This car-racing inspired watch allows the wearer to experience the pursuit of speed and thrill of racing. A metal case placed above the surface presents an industrial aesthetic.The first runner-up was The time for flowers, designed by Cheng Pui Ling. The watch's dial is layered with enamel four-leaf clovers and butterflies. As the hand moves, each four-leaf clover near the hour marker unfurls one by one, as if caressed by a spring breeze.The second runner-up was ODYSSEY, designed by Inspo Watches Company Limited. This watch includes an innovative dual-dial world time display. A unique automatic movement drives two hemispheric time zone dials, with only a simple adjustment needed to check the time in different time zones.Student Group creations combine elegance with practicalityThe Student Group, for students from local registered colleges, looked for up-and-coming watch industry talent. This year's winner was Liminality, designed by Lau Cheuk Lai who studies at Creative Secondary School. This creation blurs the boundaries between watches and jewellery, showing transitory forms that combine AI with tradition and decoration with practicality.The first runner-up was Celestial Feathered Symphony, designed by Lee Kwan Ho from The Hong Kong Polytechnic University. This peacock-inspired watch combines ethereal and artistic elements. The pointer movement evokes the imagery of a peacock, dancing amidst a symphony of feathers.The second runner-up was The Watcher, designed by Yu Po Kwan from the Technological and Higher Education Institute of Hong Kong. This creation features an eye, inspired by surveillance cameras, while a rotating mechanism in the watch face signifies the passage of time.Newly introduced this year was The Made-to-Sell Award, recognising a student creation that demonstrates exceptional marketability. The award went to Yip Yu Ching from the Hong Kong Design Institute for her creation Starlight. Inspired by stargazing, the watch design included a location tracking function and a constellation diagram.This watch will be produced under the guidance and support of the Hong Kong Watch Manufacturers Association Ltd and The Federation of Hong Kong Watch Trades & Industries Ltd and will receive its official retail launch at the HKTDC Design Gallery. The winner was selected by another eight industry leaders and the Assistant Executive Director of the HKTDC.The competition's Award Presentation Ceremony was complemented by a Fashion x Watch Parade.Photo download: https://bit.ly/3Xg7EZHVertical 6.0: Open Group champion of the 41st Hong Kong Watch & Clock Design CompetitionThe time for flowers: Open Group first runner-up of the 41st Hong Kong Watch & Clock Design CompetitionODYSSEY: Open Group second runner-up of the 41st Hong Kong Watch & Clock Design CompetitionLiminality: Student Group champion of the 41st Hong Kong Watch & Clock Design CompetitionCelestial Feathered Symphony: Student Group first runner-up of the 41st Hong Kong Watch & Clock Design CompetitionThe Watcher: Student Group second runner-up of the 41st Hong Kong Watch & Clock Design CompetitionStarlight: The Made-to-Sell Award of the 41st Hong Kong Watch & Clock Design CompetitionThe 41st Hong Kong Watch & Clock Design Competition featured Open Group and Student Group category winners. Celebrity guest judge Benjamin Yuen attended the award ceremony.WebsitesHong Kong Watch & Clock Fair: hkwatchfair.hktdc.comSalon de TIME:https://www.hktdc.com/event/te/enMedia enquiriesPlease contact the HKTDC's Communications & Public Affairs Department:Johnny Tsui Tel: (852) 2584 4395 Email: johnny.cy.tsui@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions,conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
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The Sukhothai Spa at The Sukhothai Bangkok Unveils a Tranquil Oasis in the Heart of the City ACN Newswire

The Sukhothai Spa at The Sukhothai Bangkok Unveils a Tranquil Oasis in the Heart of the City

BANGKOK, Sept 13, 2024 - (ACN Newswire via SeaPRwire.com) - Sukhothai (pronounced Su Ko Tai) is renowned as one of Thailand's 76 provinces, nestled in lower northern Thailand. Translating to "dawn of happiness," Sukhothai serves as the muse for our newly unveiled spa, The Sukhothai Spa, where ancient Sukhothai-style culture is artfully infused into our design and ambiance. Here, we invite guests and members on a journey to a tranquil, spiritual, and soothing haven-a serene escape for relaxation and rejuvenation, with nature's embrace as our guiding force.The Sukhothai Spa at The Sukhothai BangkokFacade entrance at The Sukhothai SpaAlexander Schillinger, General Manager of The Sukhothai Bangkok, shares the inspiration behind The Sukhothai Spa's creation. The discovery of over 7,000 square meters of lush gardens adjacent to the hotel sparked the vision to provide guests with a spa experience immersed in the harmonious embrace of nature at the heart of bustling Bangkok. Collaborating with leading design and architecture firms, we transformed this vision into reality. By strategically positioning the main building to capture captivating views of lush greenery and incorporating traditional Thai houses as iconic landmarks, we've elevated the overall guest experience.Landscape Architecture Design Concept:The Sukhothai Bangkok's design team seamlessly blends Thai architecture and landscape design, creating an architectural gem that mirrors the ambiance of a hidden village within a lush garden. Drawing inspiration from Wat Sri Chum, a revered temple, our design integrates elements that capture the temple's grandeur, offering guests a delightful surprise with every exploration of the hotel grounds.Concept of the Treatment Rooms:Hammam: The Hammam welcomes guests with warm-toned materials, including a traditional wooden Thai door adorned with elegant bronze handles. Luxurious green natural stone finishes on hammam beds evoke serenity and harmony with nature. The two-step recessed ceiling pays homage to Wat Sri Chum, creating a captivating focal point. Terracotta mosaic tiles in the wet zone symbolize the texture of a lotus leaf, enhancing the room's symbolism and elegance.Hammam Room: Inspired by Middle Eastern and North African bathing rituals, our Hammam Room offers a bespoke and private experience promoting physical cleansing, relaxation, and well-being.Treatment Room: Located on the second floor, the treatment rooms embrace a simple and direct representation of Thai architecture. Bright and relaxed, with a 'Pra-Kon' wall pattern representing the Thai house, the space exudes contemporary beauty. High ceilings and curved shapes add delicacy and softness, complemented by a jacuzzi tub using terrazzo and light mosaic.Our extensive array of services includes massage therapy, beauty treatments, hammams, yoga, Pilates, meditation classes, personalized nutrition advice, and fitness training. The in-house facilities, such as a salt-water lap pool, hot tubs, saunas, steam rooms, a state-of-the-art technology facial room, and dedicated spaces for yoga, Pilates, and meditation, further enhance the guest experience.The Sukhothai Spa is an urban oasis, a sanctuary dedicated to wellness. Our spa meticulously combines traditional, result-driven, and modern practices from diverse cultures to provide a comprehensive range of treatments. Designed as a retreat from city life, our spa features hand-picked, highly trained professionals committed to delivering personalized attention, setting The Sukhothai Spa apart in the realm of wellness.Treatments:The Royal Remedies: Thai traditional practice and philosophyResult-driven Face & Body Treatments: Utilizing highly concentrated active ingredientsFace, Rituals and Bath: Organic, nature, and holistic approachTurkish Ceremony & MassagePEDI: MANI: CURE STUDIO by Bastien Gonzalez - FranceIV Cocktail, Wellness, Anti-aging, Stem cell Clinic by Miskawaan (open in late Q3)Signature treatments:1. The Sukhothai Signature Massage (60/90/120 minutes)Experience a harmonious blend of soothing and invigorating massage techniques with The Sukhothai Signature Massage. Rooted in the ancient wisdom of Oriental energy meridians, this massage uses a skillful combination of calming kneading and rejuvenating stretching. It's designed to alleviate stress, enhance flexibility, and promote a profound state of relaxation throughout the central nervous system.2. Gua Sha Lifting Facial (90 minutes)This facial rejuvenates the skin through the ancient art of Gua Sha, enhanced with protein-rich caviar for a visibly firmer, contoured, and glowing complexion. Expert massage techniques using specialized jade tools stimulate lymphatic drainage, release toxins, improve circulation, and enhance natural hydration. Botanical essences nourish, replenish, and fortify the skin. This comprehensive treatment releases tension, reduces puffiness, and enhances clarity, leaving the face, neck, and décolleté visibly smoother, tighter, and more radiant.3. Ginger Renewal Ritual (150 minutes)Ginger's healing and warming properties invigorate and nourish the skin. Begin with a detoxifying dry brush, followed by a relaxing full-body massage with warm stones and a body wrap.4. Bastien's DUO (75 minutes)This synchronized four-hands treatment focuses on your feet, legs, hands, and arms, offering the ultimate in manicure and pedicure luxury with complete relaxation.Products:Biologique Recherche - FrancePEDI: MANI: CURE STUDIO by Bastien Gonzalez - FranceMoringa Projects - ThailandKerstin Florian - USACharme d'Orient - FranceMiskawaan Clinic - ThailandFor discerning health and wellness enthusiasts seeking an escape from bustling city life, The Sukhothai Spa is the ultimate solution.Media Contact:Chutima Limpasurat - Director of Marketing CommunicationsThe Sukhothai BangkokTel: +662 344 8888 ext. 8671Email: chutima.l@sukhothai.comWebsite: https://www.sukhothai.com/bangkok/enAbout The Sukhothai Bangkok - The Sukhothai Bangkok, a 210-room gem and a proud member of the Small Luxury Hotels of the World, continues to garner accolades. Offering Thailand's epitome of luxury, our ancillary facilities include a spa, a gym, and a 25-meter outdoor swimming pool. With modern meeting spaces and exceptional culinary encounters, we proudly stand as one of the Kingdom's premier hospitality brands. Explore more at https://www.sukhothai.com/bangkok/enContact InformationChutima LimpasuratDirector of Marketing Communicationschutima.l@sukhothai.com+66 2 344 8888Related FilesTSB Spa Menu-SEP2024-TreatmentThe Sukhothai Spa Fact Sheet ENGSOURCE: The Sukhothai Bangkok Copyright 2024 ACN Newswire via SeaPRwire.com.
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Subsea Communications Leaders Come Together For The Annual Global Coverage Gathering At Submarine Networks World In Singapore ACN Newswire

Subsea Communications Leaders Come Together For The Annual Global Coverage Gathering At Submarine Networks World In Singapore

SINGAPORE, Sept 13, 2024 - (ACN Newswire via SeaPRwire.com) - Submarine Networks World, the world’s largest annual gathering for subsea communications leaders, will once again convene in Singapore on September 25 and 26. Now in its 27th edition, Submarine Networks World is established as the flagship annual event for the industry.Over 900 attendees from cable owners, cable operators, consortium members, solution vendors, technology innovators, consultants and service providers will meet at Suntec Convention & Exhibition Centre to reconnect, discover the latest trends and opportunities in the subsea communications landscape and chart the path forward for current and future cables that keep the world connected.“Subsea communications infrastructure is absolutely critical to the way we live and work, so this event really is vital to the future of global connectivity. Once again, we’ve assembled a ‘who’s who’ of leaders to share their insights and the exhibition floor is packed with solutions that can help drive progress. We can’t wait to welcome this community back to Singapore later this month for our biggest ever edition of Submarine Networks World.” says Paul Clark, Managing Director - Asia for Terrapinn.More than 60 sponsors, exhibitors and partners will be showcasing their latest products, solutions and services including Title Sponsor Infinera, Platinum Sponsor Ciena and Gold Sponsors ASN, Digital Realty, Fugro, HMN Tech, Mobily and Telecom Egypt.130 subsea leaders from every inhabited continent will be speaking onstage across five different theatres (Strategy, Cable, Data Centres & CLS,Operations & Maintenance, and Network) alongside blockbuster keynote sessions each morning. Speakers include:Herbert Xiong, Head of Submarine Cables Infrastructure, China Mobile InternationalBevan Slattery, Founder, SUBCOSonia Jorge, Founder & Executive Director, Global Digital Inclusion Partnership (GDIP)Julio Bran, CEO, Trans Americas FiberNigel Bayliff, Senior Director, Global Submarine Network, GoogleAlpheus Mangale, Group CEO, SEACOMUbaid Younus, Network Investment Manager, APAC, MetaJim Fagan, CEO, EXA InfrastructureAileen Chia, Director-General, Telecoms & Post and Deputy Chief Executive, Connectivity Development & Regulation, IMDAMamy Traore, CEO, GUILABFor event information and full conference agenda, visit www.terrapinn.com/SNW2024PRESS.About Submarine Networks World 2024Submarine Networks World 2024 will take place on 25 - 26 September 2024 at Suntec Convention & Exhibition Centre in Singapore. Firmly established as the world’s largest annual gathering of the global subsea communications community, Submarine Networks World is the dedicated platform to exchange knowledge, explore the latest projects, develop strategies and form lucrative new partnerships to drive the industry forward.About TerrapinnTerrapinn has been sparking ideas, innovations and relationships that transform business for over 30 years. Using our global footprint, we bring innovators, disrupters and change agents together, discussing and demonstrating the technology, strategies and personalities that are changing the way the world does business. Whether you’re looking to make new connections, introduce a product or inspire change in your industry, we invite you to join us as agitators of change. Terrapinn – spark something.Media contact:Hairol SalimHairol.salim@terrapinn.com Copyright 2024 ACN Newswire via SeaPRwire.com.
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9th Belt and Road Summit draws to a successful close ACN Newswire

9th Belt and Road Summit draws to a successful close

- The ninth edition of the Belt and Road Summit, co-organised by the HKSAR Government and the HKTDC successfully concluded today after a two-day run- 90+ key government and business leaders from Belt and Road countries and regions explored opportunities as the Belt and Road Initiative (B&RI) enters the next golden decade- 280+ matched investment projects and 800+ one-to-one project matching meetings were arranged, positioning Hong Kong as a key dealmaker in the regionHONG KONG, Sept 13, 2024 - (ACN Newswire via SeaPRwire.com) - The 9th Belt and Road Summit, co-organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), successfully concluded today, attracting over 90 key government and business leaders from Belt and Road countries and regions.Over 6,000 business participants from over 70 countries and regions explored opportunities, as the Belt and Road Initiative (BRI) enters the next golden decade. A total of record-high 25 Memoranda of Understanding (MoUs) were signed, demonstrating Hong Kong's role as super value-adder, successfully connecting people, information and capital.Facilitating global business opportunitiesThe 25 MoUs signed, including 4 G2G and 21 B2B, involving government bodies and companies from Hong Kong, Mainland China, ASEAN - Indonesia, Malaysia, Vietnam - and the Middle East - Bahrain, Kuwait, the United Arab Emirates - Kazakhstan and more.Following the HKSAR Chief Executive John Lee's mission to Laos, Cambodia and Vietnam with a business delegation and the mainland-Hong Kong visit to Hungary and Kazakhstan, these MoUs strengthened ties between Hong Kong and Belt and Road countries and regions.Among the 4 G2G MoUs, one was signed between the HKTDC and the Ministry of Commerce of Cambodia, an extension of the fruitful visit by the Hong Kong delegation to Cambodia in July. The MoU aims to establish a framework to promote bilateral trade and economic cooperation, particularly within the BRI. The areas of cooperation include facilitating trade missions and business matching between Cambodian and Hong Kong companies as well as promoting Hong Kong's advantages to Cambodian businesses.Among B2B MoUs, Farmacy International Pty Ltd from Hong Kong and FutureBright Society Enterprise Pty Ltd from Australia announced a strategic joint venture, Farmacy ANZ, that aims to drive sustainability in agricultural innovation and develop scalable green food networks across Australia and New Zealand.Raymond Mak, Co-Founder of Farmacy, stated: “Our technology is set to be a game-changer, contributing to a sustainable future for communities in Australia and New Zealand. The joint venture will also launch projects that are aligned with Belt and Road green initiatives, focusing on sustainable agriculture and conservation.”Michael Chan, Director of FutureBright, said: “The Belt and Road Summit provides a crucial platform for forging international partnerships that promote sustainable growth and innovation. Through this joint venture, Farmacy and FutureBright can attract investment and support for green technologies, advancing our shared vision of sustainable urban development and contributing to the broader goals of the Belt and Road Initiative.”State-Owned Enterprise of Indonesia - Perumda Varia Niaga Samarinda, LINKTA Technologies Holdings Limited from Indonesia and Rainmaker Ventures Holdings Limited from Hong Kong signed an MoU on strategic cooperation for technology investment to develop smart chicken farms and agriculture in Nusantara, Indonesia’s new capital region.Zoe Zhao, Founder and CEO of Rainmaker Ventures, said: “We as a venture capital firm from Hong Kong with exposure in Mainland China and Southeast Asia are keen to showcase our sustainable technologies portfolios and connect with other potential business partners, project owners and government connections as a process of venture-building. We expect to strengthen ties with our existing connections around the world with this global event in Hong Kong and explore new opportunities for emerging businesses and investments in Southeast Asia, demonstrating the impact brought by Brand Hong Kong sustainable technologies.”Over 280 investment projects matchedThe Summit’s offering of investment and business matching services received an overwhelming response with over 280 investment projects matched and more than 800 project matching meetings taking place, positioning Hong Kong as a key deal-maker in the region. These sessions focused on four main areas: (1) energy, natural resources and public utilities; (2) innovation and technology; (3) urban development; and (4) transport and logistics infrastructure. Following the physical Summit, business matching meetings will be conducted online on 16 and 17 September.The Summit once again featured an exhibition area showcasing more than 110 exhibitors, including a dedicated zone jointly organised by the Ministry of Commerce of the People's Republic of China and the HKTDC. This dedicated zone for mainland trade and services was set up with more than 50 trade and service enterprises from Beijing, Tianjin, Shanxi, Shanghai, Shandong, Hubei, Guangdong and Shaanxi, which highlighted innovative achievements in areas, such as greentech, culture and creativity, cross-border e-commerce, cloud services and big data.Heavyweight speakers delivered keynote addressYesterday’s Keynote Luncheon featured a welcome address by Paul Chan, Financial Secretary of the HKSAR Government, opening remarks by Chen Liang, Chairman of the Board of Directors and Chairman of the Management Committee of China International Capital Corporation Limited, and a keynote speech by Dilma Rousseff, President of New Development Bank.Dilma Rousseff said: “For developing countries, industrialisation is crucial and, to achieve it, they must undergo a process of catching up. In this context, innovation is the key to drive high productivity, which in turn creates better jobs and lays the foundation for inclusive and sustainable growth. Without international cooperation, closing this gap is extremely difficult. The Belt and Road Initiative stands out as a most relevant long-term financing and investment platform for green development, for sharing technologies, building capacities, digitalisation and connectivity.”Opportunities in the Middle East and emerging marketsA highlight of this year’s Summit was the Business Plenary today, themed Tapping the Markets of New Opportunities. The session was moderated by Ronnie C. Chan, Honorary Chair of Hang Lung Properties Limited. H.E. Mohamed Abduljabbar Alkoheji, Second Vice Chairman of the Bahrain Chamber of Commerce & Industry; Bonnie Y Chan, CEO of Hong Kong Exchanges and Clearing Limited; Peter Fekete, Group CEO of 4iG; Eric Ip, Group Managing Director of Hutchison Port Holdings Limited; and Dato Paduka Iqbal Khan, CEO of Fajr Capital, discussed emerging opportunities in the Middle East and other markets along the Belt and Road.Summit aligns with eight major stepsFollowing President Xi Jinping’s eight major steps announced last year in support of high-quality Belt and Road cooperation, the Summit launched two thematic breakout sessions, titled Multi-dimensional Connectivity under the Belt and Road Initiative and People-to-People Exchanges through Business and Cultural Collaboration.The first session featured discussions among scholars and experts from the shipping, port, airport, logistics and trade sectors, focusing on the progress and potential for connectivity within transport networks. The second session explored how economic collaboration and cultural exchanges can enhance mutual understanding and foster friendly relations among countries and regions along the Belt and Road.As part of Belt and Road Week, the Belt and Road Global Forum Annual Roundtable will take place tomorrow, during which Forum members exchange views on the latest BRI developments and seize collaboration opportunities.Photo download: https://bit.ly/4e1gbqBThe 9th Belt and Road Summit, co-organised by the HKSAR Government and the HKTDC successfully concluded today after a two-day run. The event attracted over 90 key government and business leaders from Belt and Road countries and regions; and over 6,000 business participants from over 70 countries and regions explored opportunitiesAmong 25 MoUs signed during the Summit, one of them was signed between the HKTDC and the Ministry of Commerce of Cambodia, an extension of the fruitful ASEAN visit by the Hong Kong delegation in July. In addition, the HKTDC has signed a joint action plan on professional services with the Shanghai Municipal Commission of CommerceToday’s Business Plenary, themed Tapping the Markets of New Opportunities, discussed emerging opportunities in the Middle East and other markets along the Belt and RoadDilma Rousseff, President of New Development Bank, delivered a keynote speech during yesterday’s Keynote LuncheonThe Summit once again featured an exhibition area showcasing more than 110 exhibitors, including a dedicated zone jointly organised by the Ministry of Commerce of the People's Republic of China and the HKTDC. This dedicated zone for mainland trade and services was set up with more than 50 trade and service enterprisesOver 280 investment projects were matched, and more than 800 one-to-one project matching meetings took placeThe debut Green Chapter highlighted Hong Kong’s advantages in green developmentMedia enquiriesYuan Tung Financial Relations:Anson WongTel: (852) 3428 3413Email: awong@yuantung.com.hkLouise SongTel: (852) 3428 5691Email: lsong@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Clayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgAgnes WatTel: (852) 2584 4554Email: agnes.ky.wat@hktdc.orgHKTDC Media Room: http://mediaroom.hktdc.comAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Anson Receives Final Approval for Brine Extraction at its Green River Lithium Project ACN Newswire

Anson Receives Final Approval for Brine Extraction at its Green River Lithium Project

Final approval from State of Utah, Department of Natural Resources, Division of Water Rights,First State of Utah approval related to large scale lithium production at Green River,The approval process confirms the water resources and surrounding areas will not be negatively affected by brine extraction.NEWPORT BEACH, CA, Sept 13, 2024 - (ACN Newswire via SeaPRwire.com) - Anson Resources Limited (ASX:ASN) ("Anson Resources" or "the Company") is pleased to announce that today the State of Utah, Department of Natural Resources, Division of Water Rights (the Division) confirmed approval giving A1 Lithium the right to extract brine at its Green River, Utah lithium project. This is a key step required for A1 Lithium to produce environmentally-friendly clean lithium to supply the United States and is vital to expanding the Country's domestic supply for the transition to electric vehicles and the decarbonization of the US economy. Importantly, the project will have a substantial positive impact on the local economy providing well-paying full-time jobs and contributing millions in taxes.Given the state's vast resource and mining-friendly environment, Utah has potential to become the largest clean lithium producer in the USA. A1 Lithium estimates initial phase 1 annual production of approximately 10,000 tons of lithium carbonate, enough to power 250,000 electric vehicles a year. "Utah likely holds one of the largest economic lithium resources in the USA and can become the Texas of the electric vehicle era. A1 Lithium's project could make Utah the largest producer of clean lithium in the country." Said Greg Knox Senior Geologist for A1 Lithium. Brian Somers, President of the Utah Mining Association said "Utah potentially has the largest economic lithium resource in the US located in the Paradox Basin and is currently one of only two states producing lithium. Utah holds the potential to be the largest producer of lithium in the country and we need projects like A1 Lithium's to achieve that goal."The construction of the project will directly employ up to 500 local jobs and ongoing operations have the opportunity to reintegrate the Green River community. "A1 Lithium's project will directly provide 60 high-paying full-time jobs for people in the Southern Utah community and can potentially create an additional 58 jobs in order to support the local community's economic growth. This project can restore the prosperity of Green River that was lost when the mining industry and military left in the 1960's and 1970's. It will be transformational for our community" said Mayor of Green River Utah, Ren Hatt.The process A1 Lithium employs to extract lithium is an advanced technology called Direct Lithium Extraction (DLE) which is an environmentally responsible and sustainable approach. In fact, its unique aspects will help qualify the project as one of the cleanest and greenest sources of lithium in the world. The process uses dramatically less water than other lithium mining methods, produces significantly less carbon dioxide than hard rock mining and brine evaporation ponds, efficiently utilizes existing structures and land to reduce its footprint, and employs a closed loop process to ensure the efficient use of resources. Michael Swenson, a local consultant who was raised in Emery County noted "Clean domestically sourced lithium for EVs presents the single greatest opportunity to reduce the emissions from vehicles along the Wasatch Front. We should embrace this opportunity to use Utah lithium to improve Utah air, improve rural economies, and provide greater opportunities to live in rural communities like Green River."A1 Lithium's Green River lithium project is key to the US becoming independent of China's dominance in the battery supply chain. "If the U.S. is going to compete in the global minerals race, we must support the responsible use of our vast domestic resources such as those found in the Paradox Basin. With a proposed extraction process that is specifically designed to minimize impacts to the environment and recycles 95 percent of water used, A1 Lithium demonstrates why mined-in-America projects ensures that the U.S. supply chain start with minerals that are produced at the highest standards in accordance with the world's top environmental, labor and safety criteria." Rich Nolan, President and CEO, National Mining AssociationA1 Lithium's President, Bruce Richardson commented, "This approval to extract brine is significant as it is the first granted to a company by the State of Utah for the processing of brine for lithium extraction at Green River and reflects the quality of our project, our partners and our community support. Importantly, the Utah Department of Environmental Quality recently approved a underground injection control well for A1 which demonstrates that there is no connection between the brine that A1 Lithium intends to extract and surface waters including rivers and underground sources of drinking water. The process we have chosen to extract lithium returns the waste brine to the same formation from which it is extracted and is therefore a non-consumptive process, unlike evaporation ponds. This process has less impact upon the environment, which is one of our key objectives."Will MazeHead of Investor RelationsE: investors@ansonresources.comPh: +61 7 3132 7990SOURCE: Anson Resources Copyright 2024 ACN Newswire via SeaPRwire.com.
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CBL International Limited Announces 1H 2024 Interim Financial Results ACN Newswire

CBL International Limited Announces 1H 2024 Interim Financial Results

Kuala Lumpur, Sept 12, 2024 - (ACN Newswire via SeaPRwire.com) — CBL International Limited (NASDAQ: BANL) (the “Company” or “CBL”), the listing vehicle of Banle Group (“Banle” or “the Group”), a leading marine fuel logistic company in the Asia-Pacific region, today announced its unaudited financial results for the six months ended June 30, 2024.Financial Highlights:- Revenue: Consolidated revenue for 1H 2024 increased by 44.4% to approximately $277.23 million, compared to $191.96 million in the same period in 2023. This significant growth was driven by a 39.4% year-over-year increase in sales volume, attributed to the expansion of the Company's global supply network and higher marine fuel demand due to geopolitical factors.- Gross Profit: Gross profit for the period was approximately $2.72 million, a decrease of 32.2% compared to $4.01 million for 1H 2023. This decline was primarily driven by the reduction in premium sold to customers and led to lower gross profit per ton, which was partially offset by an increase in volume sold.- Operating Expenses: Operating expenses rose by 64.0% to approximately $4.12 million, up from $2.51 million in 1H 2023. This increase was attributed to higher selling and distribution expenses related to our sales growth, strategic expansion in the Company's supply network to new geographic areas, and the development of our biofuel operations.- Net Income: The company reported a net loss of approximately $1.62 million, compared to a net income of $1.15 million in 1H 2023. The loss was driven by lower gross margin and higher operating costs.- Cash Flow: Net cash provided by operating activities was approximately $2.30 million, a significant improvement from a cash outflow of $7.24 million in 1H 2023, reflecting better management of working capital.- Cash position: As of June 30, 2024, Banle's consolidated cash balance increased by approximately $2.29 million, or 30.9%, to $9.69 million, compared to $7.40 million as of December 31, 2023. This increase was primarily driven by improved working capital management. The Company also reported a significant increase in accounts receivable and accounts payable balances, reflecting the growth in its sales activities.Operational Highlights:- Global Network Expansion: As of June 30, 2024, Banle expanded its global service network from 36 ports at our IPO in March 2023 to over 60 ports across Asia, Europe and Africa. This strategic expansion has enabled the Company to secure new bunkering business opportunities, particularly in European markets where environmental regulations are increasingly stringent. The opening of the Company's new office in Ireland in late 2023 has bolstered our market coverage and enhanced local sourcing capabilities. Notably, the Company completed inaugural bunkering services through a local physical supplier in Mauritius in May 2024, further strengthening our market presence.- Biofuel Initiatives: Banle continued its commitment to sustainability by expanding its B24 biofuel operations, obtaining ISCC EU and ISCC Plus certifications in 2023. The Company successfully commenced biofuel bunkering services through local physical suppliers in Hong Kong, China, and Malaysia, positioning itself as a pioneer in sustainable fuel solutions. The B24 biofuel blend, which includes 24% UCOME (used cooking oil methyl ester), offers a 20% reduction in greenhouse gas emissions compared to conventional marine fuels, aligning with global decarbonization efforts.- Response to Macroeconomic Environment: The global economy has shown signs of moderate growth in 2024, with emerging markets, particularly in Asia, driving this recovery. However, the shipping industry continues to face challenges such as fluctuating freight rates, port congestion, and disruptions in major trade routes due to the ongoing Red Sea Crisis. Banle has proactively adapted to these conditions, coordinating increased fuel supplies in Asian ports to meet heightened demand, ensuring that our customers' needs are met despite logistical challenges​​.Management Commentary:“We are pleased with the robust growth in our revenue and sales volume during the first half of 2024, despite the challenging market conditions. Our strategic initiatives, including the expansion of our service network and our focus on sustainable fuel solutions, have positioned us well to navigate these challenges and capitalize on emerging opportunities,” said Teck Lim Chia, Chairman & CEO of Banle Group. “While the current market environment has pressured our margins, we remain confident in our long-term strategy and our ability to deliver value to our shareholders.”Outlook:Looking ahead, Banle remains focused on expanding its market presence, particularly in the biofuel sector, and continuing to enhance its global supply network. The Company is committed to driving operational efficiency and delivering sustainable growth in the face of ongoing macroeconomic challenges.Webcast DetailsCBL International Limited (Nasdaq: BANL) cordially invites you to participate in a webcast to discuss its financial results for the six months ended June 30, 2024.Event:2024 Interim Results WebcastDate and Time:10:00 am – 11:00 am HKT on 13 September 2024 (Friday) 10:00 pm – 11:00 pm EST on 12 September 2024 (Thursday)Access:The webinar can be accessed live through the website or by scanning the QR code provided below.Webcast Link:https://webcast.roadshowchina.cn/SHMrSGhud1hrRTZTNmRkZ0dMb09Hdz09QR Code: About the Banle GroupCBL International Limited (Nasdaq: BANL) is the listing vehicle of Banle Group, a reputable marine fuel logistic company based in the Asia Pacific region that was established in 2015. We are committed to providing customers with one-stop solution for vessel refueling, which is referred to as bunkering facilitator in the bunkering industry. We facilitate vessel refueling mainly through local physical suppliers in over 60 major ports covering Belgium, China, Hong Kong, India, Japan, Korea, Malaysia, Mauritius, Panama, the Philippines, Singapore, Taiwan, Thailand, Turkey and Vietnam, as of August 28, 2024. The Group actively promotes the use of sustainable fuels and is awarded with the ISCC EU and ISCC Plus certifications.For more information about our company, please visit our website at: https://www.banle-intl.com.Forward-Looking StatementsCertain statements in this announcement are not historical facts but are forward-looking statements. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “could,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “plan,” “should,” “would,” “plan,” “future,” “outlook,” “potential,” “project” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. They involve known and unknown risks and uncertainties and are based on various assumptions, whether or not identified in this press release and on current expectations of BANL’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of BANL. Some important factors that could cause actual results to differ materially from those in any forward-looking statements could include changes in domestic and foreign business, markets, financial, political and legal conditions, geopolitical disruptions and other events that result in material changes in fuel prices. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.For more information, please contact:CBL International Limited Email: investors@banle-intl.comStrategic Financial Relations LimitedShelly Cheng Tel: (852) 2864 4857Iris Au Yeung Tel: (852) 2114 4913Email: sprg_cbl@sprg.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.
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2024 Summit of young entrepreneurs from Macao, Guangdong, Hong Kong and Taiwan Held in Hong Kong ACN Newswire

2024 Summit of young entrepreneurs from Macao, Guangdong, Hong Kong and Taiwan Held in Hong Kong

HONG KONG, Sept 12, 2024 - (ACN Newswire via SeaPRwire.com) - Themed "Collaborative Innovation: Chasing Dreams in the Greater Bay Area", the "Union of Chinese Contemporaries" 2024 Summit of young entrepreneurs from Macao, Guangdong, Hong Kong and Taiwan (the "Summit") opened in Hong Kong yesterday. Vice Chairman of the Chinese People's Political Consultative Conference Leung Chun-ying, Chief Executive of the Hong Kong Special Administrative Region John Lee Ka-chiu, Chairman of the Guangdong Provincial Committee of the Chinese People's Political Consultative Conference and Party Secretary of Guangzhou Lin Keqing, Deputy Director of the CPPCC Hong Kong, Macao and Taiwan Overseas Chinese Committee Wang Rong, Vice director of the Taiwan Work Office of the Communist Party of China Central Committee and the Taiwan Affairs Office of the State Council Pan Xianzhang, Vice Chairman of the Kuomintang Lien Sheng-wen, Director of the Sun Yat-sen Foundation Tang Bingquan, President of the Hong Kong Guangdong Chamber of Foreign Investors Stephen Tai Tak-fung attended and spoke at the opening ceremony.Other officiating guests included Director of the Liaison Office of the Central People’s Government in the HKSAR Zheng Yanxiong, Commissioner of the Ministry of Foreign Affairs in the HKSAR Cui Jianchun, Vice Governor of Guangdong Province Deng Haiguang, Secretary for Constitutional and Mainland Affairs of HKSAR Erick Tsang Kwok-wai, Secretary for Home and Youth Affairs of the HKSAR Alice Mak,Secretary of the Guangdong Provincial Committee Chen Wenming, Vice chairman of Straits Economic and Cultural Interchange Association Chu Ping-yu, President of Macau Youth Entrepreneur Association Li Juren, Honorary Chairman of Association of Taiwan Investment Enterprises on the Mainland Kuo Shan Huei KUO, Chief President of The Association of the Hong Kong Members of Guangdong's CPPCC Committees Eric Fok Kai-shan, Founder and executive vice chairman of Hong Kong Guangdong Youth Association Adam Kwok Kai-fai, Executive Vice President of the Hong Kong Guangdong Chamber of Foreign Investors, Vice President of The Association of the Hong Kong Members of Guangdong's CPPCC Committees Liu Yi Man.In his speech, Leung Chun-ying, Vice Chairman of the Chinese People's Political Consultative Conference, discussed the recent close collaboration between Hong Kong and the Mainland, and highlighted the advantages of Hong Kong in aiding the high-quality development of the Guangdong-Hong Kong-Macao Greater Bay Area (“Greater Bay Area”), emphasizing the importance of leveraging the city's role as an international hub for finance, shipping and trade, and using her strengths in talent, language, legal frameworks, institutional systems, taxation, finance, and international market promotion. He said Hong Kong will play a significant role in the development of the Greater Bay Area. He also hoped for future opportunities to engage with young entrepreneurs from the mainland and other regions, and to encourage young people to seize the great opportunities for national rejuvenation and work together to create a brighter tomorrow.John Lee Ka-chiu, Chief Executive of the Hong Kong Special Administrative Region, said in his speech, "The Summit today presents an important platform for cooperation and exchanges among outstanding young entrepreneurs from both sides of the Taiwan Strait, as well as from Hong Kong and Macao, facilitating and promoting mutual learning and understanding, which is of great significance. The Hong Kong SAR Government has been actively encouraging youth innovation and entrepreneurship, motivating young entrepreneurs to pursue their dreams and realize their ambitions in the Greater Bay Area. The Pearl River Delta region has been a key area for Taiwanese enterprises to expand their business in the Mainland, and many Taiwanese businesses have already integrated into the local industrial chains. I hope young entrepreneurs on both sides of the Taiwan Straits will seize the opportunity for achieving high-quality development through collaboration in the Greater Bay Area, work diligently, innovate boldly, and make new milestones in their careers."Lin Keqing, chairman of the Guangdong Provincial Committee of the Chinese People's Political Consultative Conference and Party secretary of Guangzhou, commended the success of the exchange meeting. He said this year marks the fifth anniversary of the implementation of the "Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area" and that in the past five years, under the strong leadership of the central government, Guangdong, Hong Kong, and Macao have pursued synergistic innovation, complementing each other's strengths. The Greater Bay Area has witnessed a surge of creativity, showing the vast potential of growing into a world-class bay area. The Third Plenary Session of the 20th Central Committee of the Communist Party of China has established systematic arrangements to comprehensively deepen reforms and such developments are bringing new and significant opportunities for Hong Kong and Macao to better integrate into overall national development, injecting fresh momentum into expanding cross-strait cooperation and exchanges, helping deepen cross-strait integration and development. Currently, Guangdong is studying and implementing the spirit of the Third Plenary Session of the 20th Central Committee of the Communist Party of China, as well as the instructions in the important speeches of General Secretary Xi Jinping during his inspection of Guangdong. Construction of the Greater Bay Area presents the country with a significant opportunity for deepening reform and opening up, serving as a source of her high-quality development. Lin expressed hope that young entrepreneurs from Hong Kong, Guangdong, Macao, and Taiwan will actively seize the new major opportunities arising from the development of the country, better integrate into her new round of reform and opening up, and collaborate to create a vibrant chapter of pursuing dreams in the Greater Bay Area, achieve their aspirations and contribute to the bright future of national reunification and the great glory of national rejuvenation.In his speech, Wang Rong, Deputy Director of the CPPCC Hong Kong, Macao and Taiwan Overseas Chinese Committee, emphasized that in recent years, collaborative innovation between Guangdong, Hong Kong, and Macao has deepened significantly, and that technological innovation has driven industrial advancement, leading to the emergence of new industries, new models, and new momentum, which in turn has fostered new forms of productivity. The Greater Bay Area has become a rising global hub for innovation and growth, and the innovative development of the Greater Bay Area has attracted active participation of many Taiwanese entrepreneurs. In doing so, they are integrating into the new wave of national reform and opening up, as well as the process of Chinese-style modernization, helping create new opportunities for integrated development across the Taiwan Strait.In his speech, Lien Sheng-wen, Vice Chairman of the Kuomintang emphasized the infinite potential and charm of the Greater Bay Area. He believes the accumulation of talent pool in the Greater Bay Area is not limited to those from such fields as finance, trade, tourism, technology or industry, but also includes many other talent in the three places. More importantly, many young entrepreneurs dream about starting from scratch in the Greater Bay Area, investing in innovation and entrepreneurship, and ultimately creating outstanding enterprises.In his speech, Tang Bingquan, Director of the Sun Yat-sen Foundation, said, "The Greater Bay Area currently embodies boundless business opportunities and vast prospects. I hope through this year’s Summit, the young entrepreneurs from Guangdong, Hong Kong, Macau and Taiwan will see the new dynamics, new opportunities and information networks in the developing Greater Bay Area, and gain confidence in working together to foster innovative growth of the Area. I also hope to encourage more innovative enterprises and entrepreneurs to integrate and invest in the Greater Bay Area, and jointly build a world-class international bay area."Stephen Tai Tak-fung, President of the Hong Kong Guangdong Chamber of Foreign Investors, Founding Chief President of The Association of the Hong Kong Members of Guangdong's CPPCC Committees, pointed out that the theme of this year's Summit, which is "Collaborative Innovation: Chasing Dreams in the Greater Bay Area", is in line with the spirit of the Third Plenary Session and of essence to the construction of the Greater Bay Area. He said the Greater Bay Area is a major national strategy personally planned, deployed, and promoted by General Secretary Xi Jinping, and has an important strategic position in the new development pattern of the country. He thus hopes young entrepreneurs can make the best of the platform the exchange meeting provides to deepen mutual cooperation, give full play to their advantages and make greater contributions to the high-quality development of the country.Li Juren, President of Macau Youth Entrepreneur Association, said for young entrepreneurs from the four regions, it is a responsibility to anchor in the Greater Bay Area, which gives them a rare opportunity to integrate their strengths with those of the country to help her rejuvenate. He expects young entrepreneurs from various regions to learn from and inspire each other, drawing on and complementing each other's strengths. Through innovative cooperation, he aims to promote in-depth integration of urban agglomerations in the Greater Bay Area and together with all parties involved map out a grand blueprint for regional development.Deng Daixian, Secretary General of Taiwan Straits Economic and Cultural Interchange Association, believes economic, trade and cultural ties are crucial to connecting the two sides of the Taiwan Strait. Division of labor and cooperation along industrial chains and comprehensive economic integration and development are in the common interest of enterprises and people from the four regions cross-strait. He hopes young entrepreneurs from Guangdong, Hong Kong, Macao and Taiwan can collaborate to complement each other's strengths, establish a comprehensive exchange and cooperation platform, and open a broader and brighter future for themselves by tapping the development momentum of the Greater China Economic Area.This year's Summit gathered more than 400 young entrepreneurs from the two sides of the Taiwan Strait and the Hong Kong and Macau regions in Hong Kong to discuss cooperative development. It was an opportunity to establish an exchange and cooperation platform for promoting complementary advantages among the four regions, strengthening regional cooperation, and driving economic development in the Greater Bay Area. Representatives of young entrepreneurs from Guangdong, Hong Kong, Macau, and Taiwan took part in the afternoon enterprise forums and roundtable dialogues, engaging in enthralled discussions and exchanges on popular topics such as digital intelligence and modern finance, sharing their work experiences and unique insights about their industries.The Summit also arranged visits the following day for the participating young entrepreneurs to Hong Kong's landmarks in finance, innovation and technology, culture and art, including the HKMA Information Centre, the Stock Exchange of Hong Kong, Cyberport, West Kowloon Art Park, and the Palace Museum, allowing them to gain a deeper understanding of Hong Kong from multiple perspectives and further enhance exchanges and cooperation.The Summit was jointly organized by the Hong Kong Guangdong Foreign Businessmen Association, the Political Consultative Conference Members Friendship Associations in Hong Kong and Guangdong, the Sun Yat-sen Foundation, the Guangdong Youth Federation, the Macau Young Entrepreneurs Association, the Macau Youth Federation, the Taiwan Straits Economic and Cultural Interchange Association, and the Taiwan Elite Association.It was first held in 2016 and six sessions have taken place so far in Taiwan, Hong Kong, Macau, and Guangzhou, participated by more than 40 youth organizations and more than 2,600 outstanding young entrepreneurs, playing the significant role of promoting exchanges and cooperation among young entrepreneurs from the four regions. The Summit has helped spread the notion that "both sides of the Taiwan Strait are one family/people on both sides of the Taiwan Strait are all of the same family" and allowed sharing of successful "one country, two systems" experiences, while also fostering the peaceful development of cross-strait relations and contributing to the prosperity and stability of Hong Kong and Macau.The "Union of Chinese Contemporaries" 2024 Summit of young entrepreneursfrom Macao, Guangdong, Hong Kong and Taiwan opens in Hong Kong.Group photo of officiating guests and representatives of organizersOfficiating guests from both sides of the Taiwan Strait and Macao,Guangdong, Hong Kong and Taiwan attend the SummitVice Chairman of the Chinese People's Political Consultative ConferenceLeung Chun-yingJohn Lee Ka-chiu, Chief Executive of the Hong Kong Special AdministrativeRegionLin Keqing, chairman of the Guangdong Provincial Committee of the ChinesePeople's Political Consultative Conference and Party secretary of GuangzhouWang Rong, Deputy Director of the CPPCC Hong Kong, Macao and TaiwanOverseas Chinese CommitteeLien Sheng-wen, Vice Chairman of the KuomintangTang Bingquan, Director of the Sun Yat-sen FoundationStephen Tai Tak-fung, President of the Hong Kong Guangdong Chamber ofForeign Investors, Chief President of The Association of the Hong KongMembers of Guangdong's CPPCC CommitteesLi Juren, President of Macau Youth Entrepreneur AssociationDeng Daixian, Secretary General of Taiwan Straits Economic and CulturalInterchange AssociationAbout "Union of Chinese Contemporaries" — Summit of young entrepreneurs from Macao, Guangdong, Hong Kong and TaiwanThe aims of the "Union of Chinese Contemporaries" — Summit of young entrepreneurs from Macao, Guangdong, Hong Kong and Taiwan” are to implement General Secretary Xi Jinping’s important thoughts on Hong Kong, Macau, and Taiwan affairs, promote the great spirit of Mr. Sun Yat-sen’s "Rejuvenation of the Chinese Nation" and "the world is for the public," strengthen exchanges and cooperation among young entrepreneurs from both sides of the Taiwan Strait and the Hong Kong and Macau regions, foster the peaceful development of cross-strait relations, and ensure prosperity and stability in Hong Kong and Macau, and contribute to national strength and rejuvenation. It is jointly organized by the Sun Yat-sen Foundation, Guangdong Youth Federation, Friends of Hong Kong Association, Political Consultative Conference Members Friendship Associations in Hong Kong and Guangdong, Taiwan Straits Economic and Cultural Interchange Association, and Taiwan Elite Association, among others. Since its inaugural session in Taiwan in 2016, six sessions have taken place in Hong Kong, Macau, and Guangdong. More than 40 youth organizations and more than 2,600 young entrepreneurs from both sides of the Taiwan Strait and the Hong Kong and Macau regions have participated to date in the exchanges, establishing a platform for cooperation among young entrepreneurs. This year, the Mainland Affairs Council of Taiwan has again designated the event as a key project for national interchanges with Taiwan. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Midea Group Accelerates Global Expansion

HONG KONG, Sept 12, 2024 - (ACN Newswire via SeaPRwire.com) - On August 19, Midea Group, a leading global enterprise in home appliances and smart manufacturing, released its interim results report for 2024. The report indicates that the Company achieved a total revenue of RMB218.1 billion, representing a year-on-year increase of 10%. Net profit attributable to shareholders of the listed company reached RMB20.8 billion, representing a year-on-year increase of 14%. Both revenue and net profit saw double-digit growth, further solidifying the Company’s leading role in the industry.Highly Emphasizing ESG and Establishing a Strong Global Business ProfileIn the first half of 2024, Midea Group has centered its core values around advanced ESG principles, continually making deep efforts in areas of environment, society and corporate governance, setting a benchmark for the sustainable development in the industry. The data reveals that the Company has planned and implemented 1,415 energy-saving and carbon-reduction projects in the first half of the year, with anticipated annual profits reaching RMB170 million, demonstrating the Company’s firm commitment to green transformation and outstanding achievements.In terms of social responsibility, Midea Group has made generous contributions, including RMB1 million to No. 2 Middle School in Dongfeng Town, Zhongshan City, to support educational infrastructure, and RMB400,000 to Dandelion School-Beijing, to support the development of education and improve the lives of teachers and students, demonstrating the Company’s deep commitment to social welfare and promoting educational equity.With its outstanding contributions in the ESG field, Midea Group was listed on the “Fortune 2023 China ESG Impact List” and honored with the “Forbes China’s ESG Inspirational Case for 2023” award, which further consolidates its leadership in the ESG and establishes its image as a responsible and committed enterprise in the global market.Strengthening Investment in Science and Technology to Significant Improve the Overall CompetitivenessWhile implementing the ESG concept, Midea Group takes innovation as its core strategy and continues to increase its investment in research and development (R&D), leading the new trend of technological advancement and product innovation. In the first half of 2024, the Company’s investment in R&D amounted to RMB7.66 billion, representing a year-on-year increase of 15.91%. More than 5,000 new patents have been licensed and the number of patents held is the eighth largest in the world. These dazzling achievements are not only the crystallization of the Company’s technological innovation, but also a powerful demonstration of the commitment to technological leadership and the pursuit of excellence. Through in-depth R&D, the Company is accelerating the iteration and innovation in the field of smart home, bringing consumers a more intelligent, convenient and comfortable living experience, and is expected to make a huge difference in the field of smart home in the future.Accelerating Overseas Business Development and Continuing to Deepen Globalization StrategyMidea Group continues to deepen and expand its global business layout, accelerating the breakthrough of its global operations. Data shows that in the first half of 2024, Midea’s overseas OBM business revenue accounted for nearly half of the revenue from its overseas Smart Home Solutions, with over 40% market share highlighting its strong brand influence and market competitiveness.It is particularly noteworthy that Midea Group’s overseas e-commerce business under its own brand has experienced explosive growth. In the first half of 2024, e-commerce sales revenue increased by over 50% year-on-year. Many star products topped Amazon’s best-seller lists, successfully winning the hearts of consumers in multiple countries.On its path to globalization, Midea Group is well aware of the importance of “R&D first” and has accelerated the construction and scale expansion of overseas R&D centers , with 17 R&D centers established in 10 countries around the world, building a global network with complementary advantages.At the same time, the Company places great emphasis on talent development, actively promoting a “Diversity, Equity and Inclusion” (DEI) corporate culture. It is intensifying efforts to attract and cultivate local talent teams in its overseas markets. By integrating the strengths of local and international talents, the Company continually optimizes its talent structure, providing solid support for the sustainable and healthy development of its overseas business.In terms of manufacturing presence, Midea Group has also demonstrated strong foresight and execution capabilities. Currently, the Group’s manufacturing is primarily carried out in 43 major manufacturing bases worldwide, including 22 overseas bases, enabling it to produce and deliver globally in a seamless manner. Also, the Company also actively promoted the smooth production of four national manufacturing bases and the construction of new factories at four production bases, further enhancing the global supply chain system, boosting brand influence and increasing market competitiveness to achieve long-term global strategic goals.Overall, in the first half of 2024, through continuous investment in innovation, global market expansion, effective brand building and active ESG practices, Midea Group has achieved a series of impressive results, winning the trust and favor of consumers worldwide. In the future, the Company will continue to drive innovation, deepen digital transformation, improve operational efficiency, and collaborate with global partners, focusing on users and constantly exploring smart home and smart manufacturing to create a better living experience for consumers around the world. Copyright 2024 ACN Newswire via SeaPRwire.com.
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