Avenix Fzco Introduces Avexbot: Data-Driven Precision for Forex Traders ACN Newswire

Avenix Fzco Introduces Avexbot: Data-Driven Precision for Forex Traders

LIMASSOL, CYPRUS, Apr 2, 2025 - (ACN Newswire via SeaPRwire.com) - Avenix Fzco announces the launch of Avexbot, an advanced algorithmic trading system leveraging high-quality tick data to enhance forex trading accuracy. ​In 2025, the trading world is buzzing about the importance of top-notch data, the quality of your data can make all the difference between success and failure. There's a growing trend towards using top-notch data processing to supercharge trading strategies. Avexbot, developed by Avenix Fzco, is leading the charge by seamlessly integrating high-quality data into its algorithmic framework, giving traders a real edge in the competitive forex market.Why Quality Data Matters More Than EverGood trading is all about timing and accuracy. But in fast-moving markets, relying on outdated or poor-quality data can skew analysis and lead to missed or misjudged trades. That's why dependable, high-resolution tick data is essential. It enables trading systems to track market behavior with more clarity and accuracy, turning raw numbers into real insight.Foundations Built on PrecisionAvexbot has been built and refined using 100% quality tick data from Tick Data Suite (Thinkberry SRL). This long-term, high-resolution dataset gives Avexbot the foundation to interpret market conditions accurately, shape its strategies around reliable inputs, and minimize false signals or missed setups.Practical Features for Informed DecisionsAvexbot's design puts this data to work with a feature set geared toward clear, disciplined trading:- Candlestick-Based Momentum Mapping: Avexbot calculates average candlestick values over specific periods based on its examination of daily chart data. This methodology serves as the foundation for identifying market trends and determining opportune moments to enter trades. ​- Built for GBP/USD on M15: Focused on one of the most traded currency pairs, it balances opportunity and control with a 15-minute timeframe.- Intelligent Risk Management: Includes automatic stop-loss settings and real-time position sizing adjustments, adapting to shifting market conditions to protect capital.What's Next for Algorithmic TradingWith algorithmic trading expected to grow from $19.95 billion in 2024 to over $22 billion in 2025, quality data and adaptable infrastructure are fast becoming the new standard. Traders using systems built on strong data foundations will be better equipped to handle volatility and evolve with the market.Avexbot reflects this movement, where clean data meets careful execution. It's not about chasing trends, but about building a trading system that holds up over time.About AvexbotAvexbot is dedicated to providing innovative trading solutions, combining advanced algorithms with expert market insights to enhance forex trading efficiency. Designed for both novice and experienced traders, its expert advisors (EAs) streamline decision-making and maximize profitability. Learn more at https://avexbot.com/.Media contactBrand: AvexbotContact: PR teamEmail: support@avexbot.comWebsite: https://avexbot.com/ Copyright 2025 ACN Newswire via SeaPRwire.com.
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Mengapa Masa Depan Demensia Mungkin Tidak Segelap yang Anda Sangkakan berita

Mengapa Masa Depan Demensia Mungkin Tidak Segelap yang Anda Sangkakan

(SeaPRwire) - Dementia adalah kebimbangan global yang semakin meningkat, tetapi berita baiknya ialah kita sedang mencapai kemajuan yang besar dalam memerangi penyakit ini. Anda tidak akan mengetahuinya daripada paradigma yang berlaku: Di A.S., lebih daripada 6 juta orang dianggarkan hidup dengan dementia, dan jumlah ini diunjurkan akan berganda dalam tempoh 25 tahun akan datang. Walau bagaimanapun, penyelidikan terbaru kami mencabar ramalan semasa dan menyeru penilaian semula cara kita berfikir tentang kesan masa depan dementia. Penyelidikan kami di Duke University telah memperkenalkan semakan kritikal kepada anggaran sebelumnya tentang penguasaan masa depan dementia. Semakan ini mewakili perubahan paradigma utama dalam cara kita memahami trajektori dementia, dan ia mempunyai implikasi penting untuk dasar kesihatan awam dan pengurusan risiko individu. Penyelidikan kami menunjukkan bahawa sejak 40 tahun yang lalu, setiap generasi berturut-turut mempunyai kadar dementia yang lebih rendah daripada generasi ibu bapa mereka. Ini adalah berita baik yang tidak dijangka, kerana ia menunjukkan bahawa kita sedang mencapai kemajuan yang besar dalam memerangi dementia. Pakar telah menjangkakan peningkatan ketara dalam kes dementia yang didorong oleh populasi yang semakin tua: yang dipanggil "tsunami perak." Andaiannya ialah apabila populasi semakin tua, bilangan kes dementia akan meningkat secara berkadaran. Tetapi penyelidikan kami mendedahkan kelemahan utama dalam kajian terdahulu: mereka gagal mengambil kira kesan "kohort kelahiran". Ini merujuk kepada fenomena yang ditemui dalam penyelidikan kami di mana setiap generasi berturut-turut mengalami kadar dementia yang lebih rendah pada setiap umur berbanding dengan generasi ibu bapa mereka. Penemuan kami disokong oleh penemuan dalam beberapa negara lain. Fenomena yang halus, namun penting ini, boleh mengubah cara kita mendekati penjagaan kesihatan, penyelidikan dan dasar berkaitan dementia. Daripada "epidemi dementia" yang membayangi, kita mungkin memasuki era di mana impak dementia, walaupun masih ketara, adalah kurang menggemparkan daripada yang diramalkan sebelum ini. Apakah yang mendorong trend yang tidak dijangka ini? Jawapannya terletak pada perubahan kepada faktor gaya hidup dan kesihatan utama. Sejak beberapa dekad yang lalu, tahap pendidikan telah meningkat, kadar merokok telah menurun, pemakanan kanak-kanak telah bertambah baik, dan rawatan penyakit kardiovaskular dan masalah pendengaran telah bertambah baik. Perubahan positif dalam tingkah laku kesihatan ini mungkin sebahagiannya menjelaskan penurunan kadar dementia. Walau bagaimanapun, kami juga menunjukkan peningkatan kadar obesiti, diabetes, dan gaya hidup yang tidak aktif sebagai risiko yang semakin meningkat yang boleh mengancam untuk memperlahankan atau membatalkan keuntungan ini. Menurunkan ambang diagnostik dan membangunkan ujian baharu untuk mengesan penyakit awal juga akan meningkatkan jumlah. Dementia yang didiagnosis pada usia 70 tahun mungkin bermula sekitar usia 45 tahun. Penyelidikan dari makmal kami dan yang lain menunjukkan bahawa pengumpulan senyap amiloid dan strok mini bermula bertahun-tahun atau bahkan berdekad-dekad sebelum kehilangan ingatan, terutamanya pada mereka yang berisiko genetik. Jadi tidak terlalu awal untuk memulakan gaya hidup sihat otak. Berikut ialah tabiat yang telah didedahkan oleh penyelidikan kami, dan penyelidikan orang lain, sebagai berkesan untuk memastikan otak anda sihat: 1) Pantau berat badan, tekanan darah, kolesterol dan gula darah anda melalui pemeriksaan tahunan, dan cuba kekalkan tahap dalam julat normal. Apa yang baik untuk jantung adalah baik untuk otak. 2) Lakukan senaman fizikal dengan kerap. Berjalan kaki setiap hari mungkin menjauhkan dementia. 3) Ikut rejimen pemakanan sihat otak seperti diet Mediterranean atau diet berasaskan tumbuhan. Diet yang kaya dengan kekacang, sayur-sayuran, bijirin penuh, lemak tak tepu, kacang, buah-buahan dan produk tenusu rendah lemak boleh melambatkan penuaan otak. 4) Kurangkan risiko kecederaan kepala dengan memakai topi keledar semasa bermain skating atau berbasikal. 5) Kekal aktif secara sosial. Kesunyian meningkatkan risiko dementia. 6) Ikuti aktiviti yang merangsang mental dan cabar diri anda secara kognitif melalui permainan papan, teka silang kata dan mempelajari kemahiran baharu. 7) Dapatkan 6-8 jam tidur setiap malam. Kajian yang lebih baharu mencadangkan tidur adalah penting untuk menguatkan ingatan, membersihkan toksin dan meningkatkan sistem imun kita. Walaupun kita mungkin tidak menghadapi epidemi dementia yang dahsyat seperti yang dijangkakan, peningkatan faktor risiko baharu bermakna kita mesti kekal proaktif. Perjuangan menentang dementia belum berakhir—tetapi memahami trajektori masa depannya akan membantu kita menguruskan cabaran yang akan datang dengan lebih baik.Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
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Steve Case: Apa yang Generasi AI Boleh Pelajari daripada Kejatuhan Dotcom berita

Steve Case: Apa yang Generasi AI Boleh Pelajari daripada Kejatuhan Dotcom

(SeaPRwire) - Mac ini menandakan ulang tahun ke-25 , satu momen yang berfungsi sebagai kisah amaran dan sumber semasa kita mengharungi ledakan kecerdasan buatan (AI) pada masa kini. AI, sama seperti internet pada tahun 1990-an, dipuji sebagai , dengan dan penilaian yang melambung tinggi yang memacu keterujaan—dan spekulasi. Tetapi jika sejarah boleh menjadi panduan, ia mungkin mengambil masa yang lebih lama daripada yang dijangkakan untuk AI mencapai potensi sepenuhnya, dan akan ada pemenang dan yang kalah sepanjang perjalanan. Sebagai pengasas bersama AOL, saya mempunyai tempat duduk barisan hadapan dalam revolusi Internet. Dan saya melihat beberapa pengajaran penting dari era itu yang relevan dengan ledakan AI hari ini. Pengajaran daripada Internet dan bagaimana ia boleh memaklumkan revolusi AI mula menjadi jelas. Teknologi transformatif selalunya mengambil masa untuk matang, tetapi apabila keadaan yang betul sejajar, penerimaan boleh memecut pada kadar yang menakjubkan. Pembuat dasar mesti mencapai keseimbangan yang halus antara memupuk inovasi dan memastikan pengawasan yang bertanggungjawab, kerana peraturan yang pramatang atau berlebihan boleh menyekat kemajuan. Sementara itu, dinamik pasaran biasanya memihak kepada penerima awal, tetapi penumpuan industri dalam AI berisiko mengehadkan peluang untuk syarikat permulaan muda. Akhir sekali, kitaran gembar-gembur tidak dapat dielakkan—pelaburan berlebihan membawa kepada pembetulan, tetapi penemuan sebenar kekal. Bersama-sama, pandangan ini mengukuhkan keperluan untuk peraturan yang strategik dan teliti, akses terbuka dan tangan yang mantap dalam membentuk masa depan AI. Pertama, penerimaan teknologi mengambil masa—tetapi apabila ia berkesan, ia bergerak pantas. Walaupun AI mungkin terasa seperti kejayaan semalaman, akarnya bermula lebih daripada 70 tahun. Internet juga, telah dibangunkan selama lebih daripada dua dekad apabila AOL menjadi syarikat Internet pertama yang memasuki pasaran saham, pada tahun 1992. AI boleh dikatakan mengambil masa yang lebih lama untuk berkembang sepenuhnya berbanding internet, tetapi kerana dunia kini lebih saling terhubung, apabila ChatGPT dilancarkan, ia dapat memperoleh 100 juta muat turun dalam masa tiga bulan sahaja. Sebagai perbandingan, ia mengambil masa sembilan tahun untuk AOL mencapai 1 juta pelanggan. Pusingan pembiayaan pertama AOL pada tahun 1985 hanyalah $1 juta; hari ini, beberapa syarikat permulaan AI mengumpul $1 bilion, dengan tidak banyak yang lebih daripada idea yang menarik dan pasukan yang berpengalaman. Kedua, penerimaan pantas AI memaksa pembuat dasar untuk melibatkan diri lebih awal daripada yang mereka lakukan dengan Internet. Ya, kerajaan memainkan peranan penting dalam membolehkan Internet berkembang maju. Keputusan utama—seperti , yang mendorong persaingan dalam telekomunikasi, dan keputusan Kongres untuk membuka akses kepada internet kepada semua orang—membantu melepaskan zaman digital. Tetapi kerana penerimaan pengguna terhadap Internet agak beransur-ansur, kerajaan pada mulanya boleh mengamalkan sikap "tunggu dan lihat", dan "sentuhan ringan" dari segi , sambil mereka memantau bagaimana ia berkembang dan memberi kesan kepada kehidupan kita. Tetapi kini, terdapat tekanan untuk bergerak dengan cepat, terutamanya memandangkan bahawa pakar AI difahamkan bimbang tentangnya. Jadi mencapai persetujuan lebih awal mengenai pagar keselamatan yang sesuai adalah penting. Pada masa yang sama, kita tidak boleh membiarkan kebimbangan tentang apa yang mungkin berlaku menyebabkan peraturan yang menyekat yang boleh menghalang banyak AI, atau membahayakan teknologi yang sangat strategik ini. Ia akan menjadi rumit, tetapi kita perlu mencapai keseimbangan yang betul antara pengawasan yang bertanggungjawab dan memupuk inovasi pesat yang berterusan. Ketiga, semasa ledakan internet, syarikat-syarikat besar bereksperimen dengan teknologi yang baru muncul, tetapi beberapa sahaja yang menganggapnya serius pada mulanya. Kebanyakan syarikat terbesar dan paling bernilai di Amerika pada masa itu—seperti GE dan AT&T—menceburi strategi dalam talian, tetapi tidak pasti ia akan mempunyai daya tarikan yang luas. Keputusan mereka untuk sebahagian besarnya kekal di luar telah mewujudkan peluang yang menakjubkan untuk generasi syarikat baharu muncul, termasuk AOL, Yahoo, dan banyak lagi. Tetapi AI berbeza. Syarikat teknologi terbesar, Microsoft, Google, Meta, Amazon, dan lain-lain—semuanya terlibat, dan kini terdapat perlumbaan senjata untuk menguasai AI. Ini menimbulkan kebimbangan untuk syarikat permulaan. Tidak seperti pada zaman awal Internet, pembangunan platform AI asas sebahagian besarnya tertumpu di tangan beberapa firma dominan. AI sumber terbuka boleh membantu meningkatkan kemungkinan akses dan inovasi yang lebih luas. Tanpa itu, kita berisiko AI membolehkan , dan generasi baharu syarikat permulaan yang mengganggu boleh ketinggalan. Keempat, gembar-gembur dan FOMO pasti akan membawa kepada pembetulan pasaran. Pada akhir 1990-an, kepercayaan bahawa "Internet akan mengubah segala-galanya" mendorong penilaian yang melambung tinggi. Kepercayaan itu tidak salah—Internet memang mengubah segala-galanya. Tetapi tidak dalam sekelip mata, dan bukan untuk setiap syarikat. Apabila gelembung itu pecah, ramai yang menyimpulkan bahawa Internet adalah satu fesyen yang berlalu. Malah dalam AOL Time Warner terdapat golongan yang ragu-ragu. Pada hakikatnya, gegaran itu menyebabkan beratus-ratus syarikat jatuh di tepi jalan, tetapi syarikat yang paling kuat—Google dan Amazon antaranya—benar-benar berkembang maju. AI mengalami kitaran hop dan gembar-gembur yang serupa. Terdapat kegilaan untuk melabur awal, mengingatkan era dotcom, kerana pelabur tidak mahu terlepas apa yang sudah pasti menjadi perkara besar seterusnya. Tetapi seperti Internet, tidak semua syarikat permulaan AI akan berkembang maju; sememangnya, kebanyakan tidak akan bertahan. Namun, mega trend teknologi adalah nyata. Internet membawa kepada perubahan paradigma yang mengubah semua kehidupan kita. AI juga akan begitu. Tetapi ketatkan tali pinggang keledar anda, kerana jika kegagalan dotcom menjadi petunjuk, ia pasti akan menjadi perjalanan roller coaster yang liar.Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
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Selepas Memotong Dana Columbia, Pentadbiran Trump Menyasar Harvard berita

Selepas Memotong Dana Columbia, Pentadbiran Trump Menyasar Harvard

(SeaPRwire) - WASHINGTON — Harvard University telah menjadi sasaran terbaru dalam pendekatan Trump Administration untuk memerangi antisemitism kampus, dengan pengumuman "kajian komprehensif" baharu yang boleh menjejaskan berbilion dolar untuk kolej Ivy League itu. Pasukan petugas persekutuan mengenai antisemitism sedang menyemak lebih daripada $255 juta dalam kontrak antara Harvard dan kerajaan persekutuan untuk memastikan sekolah itu mematuhi undang-undang hak sivil, yang diumumkan oleh pihak Pentadbiran pada hari Isnin. Kerajaan juga akan meneliti $8.7 bilion dalam komitmen geran kepada Harvard dan ahli gabungannya. Pasukan petugas yang sama memotong $400 juta daripada Columbia University dan mengancam untuk memotong berbilion lagi jika ia menolak senarai tuntutan daripada President Donald Trump’s Administration. Columbia bersetuju dengan banyak perubahan ini bulan ini, mendapat pujian daripada beberapa kumpulan Yahudi dan kecaman daripada kumpulan kebebasan bersuara, yang melihatnya sebagai pencerobohan yang mengejutkan oleh kerajaan persekutuan. Berpuluh-puluh universiti lain telah diberi notis oleh Trump Administration bahawa mereka boleh menghadapi layanan yang sama berhubung dakwaan antisemitism. Kerajaan persekutuan merupakan penyedia utama hasil untuk universiti-universiti Amerika melalui geran untuk penyelidikan saintifik. Setiausaha Pendidikan Linda McMahon berkata Harvard melambangkan Impian Amerika, tetapi telah menjejaskan reputasinya dengan "mempromosikan ideologi yang memecahbelahkan berbanding pertanyaan bebas" dan gagal melindungi pelajar daripada antisemitism. "Harvard boleh membetulkan kesilapan ini dan memulihkan dirinya kepada kampus yang didedikasikan untuk kecemerlangan akademik dan pencarian kebenaran, di mana semua pelajar berasa selamat di kampusnya," kata McMahon dalam satu kenyataan. Presiden Harvard Alan Garber mengakui bahawa antisemitism wujud walaupun di kampusnya di Cambridge, Massachusetts, tetapi beliau berkata Harvard telah melakukan banyak perkara untuk melawannya. "Sejak lima belas bulan yang lalu, kami telah menumpukan usaha yang besar untuk menangani antisemitism," kata Garber dalam satu kenyataan. "Kami telah memperkukuh peraturan kami dan pendekatan kami untuk mendisiplinkan mereka yang melanggarnya." Harvard akan memastikan kerajaan mempunyai akaun penuh tentang kerja universiti itu, kata Garber. Jika pembiayaan persekutuan ditarik balik, tambahnya, ia akan "menghentikan penyelidikan yang menyelamatkan nyawa dan membahayakan penyelidikan dan inovasi saintifik yang penting." Universiti elit itu adalah antara lebih daripada 100 kolej dan sistem sekolah yang menghadapi siasatan untuk antisemitism atau Islamofobia berikutan serangan Hamas pada 7 Oktober 2023 terhadap Israel. Trump Administration telah menjanjikan tindakan yang lebih tegas daripada pendahulunya, dengan menamakan antisemitism sebagai keutamaan utama untuk siasatan hak sivil. Pengumuman hari Isnin tidak menyatakan sama ada kerajaan telah membuat sebarang tuntutan khusus terhadap Harvard. The Education Department, the Health and Human Services Department dan the U.S. General Services Administration sedang mengetuai kajian semula kontrak dan gerannya. Agensi-agensi tersebut akan menentukan sama ada perintah untuk menghentikan kerja harus dikeluarkan untuk kontrak tertentu antara Harvard dan kerajaan persekutuan, kata kerajaan. Pasukan petugas itu juga mengarahkan Harvard untuk mengemukakan senarai semua kontrak dengan kerajaan persekutuan, sama ada secara langsung dengan sekolah atau melalui mana-mana ahli gabungannya. "The Task Force akan meneruskan usahanya untuk membasmi anti-Semitism dan untuk memfokuskan semula institusi pengajian tinggi kita kepada nilai-nilai teras yang menyokong pendidikan liberal," kata Sean Keveney, pemangku peguam besar untuk Health and Human Services. "Kami gembira Harvard bersedia untuk bekerjasama dengan kami dalam matlamat ini." Beberapa kolej paling berprestij di negara ini telah menghadapi penelitian yang luar biasa daripada Republikan di Kongres berikutan gelombang protes pro-Palestin yang bermula di Columbia dan merebak ke seluruh negara tahun lepas. Presiden beberapa sekolah Ivy League telah dipanggil ke Kongres berhubung dakwaan bahawa mereka membenarkan antisemitism berleluasa. Dengar pendapat di Capitol Hill menyumbang kepada peletakan jawatan presiden di Harvard, Columbia dan Penn. Presiden interim yang mengambil alih di Columbia, Katrina Armstrong, meletak jawatan minggu lepas selepas sekolah itu bersetuju dengan tuntutan kerajaan. Trump dan pegawai lain telah menuduh penunjuk perasaan sebagai "pro-Hamas." Aktivis pelajar mengatakan mereka menentang aktiviti ketenteraan Israel di Gaza. Daripada melalui proses yang panjang yang membolehkan the Education Department memotong pembiayaan daripada sekolah yang melanggar undang-undang hak sivil, Trump Administration telah menemui pengaruh pantas dengan menarik balik kontrak dan geran. Taktik ini sedang dicabar dalam saman persekutuan yang dibawa oleh the American Association of University Professors dan the American Federation of Teachers. —Holly Ramer menyumbang laporan dari Concord, New Hampshire.Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
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Apa Yang Dipertaruhkan dalam Perlumbaan Mahkamah Agung Wisconsin dan Mengapa Elon Musk Terlibat berita

Apa Yang Dipertaruhkan dalam Perlumbaan Mahkamah Agung Wisconsin dan Mengapa Elon Musk Terlibat

(SeaPRwire) - Kemenangan besar untuk parti Republikan semasa pilihan raya tahun lepas akan diuji pada hari Selasa semasa pilihan raya khas untuk Mahkamah Agung Wisconsin. Perlumbaan ini telah menjadi yang termahal dalam sejarah A.S., dengan pelaburan menghampiri $100 juta ketika calon, Brad Schimel yang disokong Donald Trump dan Hakim Daerah Dane yang disokong liberal Susan Crawford, bersemuka. Pemenang akan menentukan supermajoriti mahkamah, yang kini liberal. Impak perlumbaan Wisconsin boleh dirasai di peringkat nasional, kerana Mahkamah Agung negeri itu akan membuat keputusan mengenai isu-isu daripada hak pengguguran kepada persempadanan semula kongres, yang terakhir akan memberi impak kepada susunan Dewan Perwakilan A.S. khususnya. Parti Republikan memegang majoriti tipis 218 berbanding 213, dengan sedang dipertaruhkan. Satu lagi pilihan raya khas di Florida—untuk kerusi Penasihat Keselamatan Negara Michael Waltz, lelaki di sebalik kepada Ketua Pengarang The Atlantic Jeffrey Goldberg, dan bekas Rep. Matt Gaetz, yang meletak jawatan dalam usahanya yang gagal untuk jawatan peguam negara—telah meletakkan kawalan Republikan pada risiko. Elon Musk, ketua Jabatan Kecekapan Kerajaan (DOGE) dan CEO X, bersama-sama kumpulan yang menyokongnya, telah menyumbang kira-kira $20 juta untuk menyokong Schimel, dengan Musk juga memberikan cek sebanyak $1 juta kepada dua pengundi Wisconsin pada hari Ahad. “Jika mahkamah agung [Wisconsin] dapat melukis semula daerah, mereka akan melakukan gerrymander daerah itu dan menghilangkan dua kerusi Wisconsin di pihak Republikan,” kata Musk pada hari Ahad. “Kemudian mereka akan cuba menghentikan semua pembaharuan kerajaan yang kita lakukan untuk anda, rakyat Amerika.” Hari pilihan raya di Wisconsin ialah 1 April. Inilah yang perlu diketahui. Siapakah calon-calonnya? Pilihan raya Wisconsin akan menentukan susunan ideologi mahkamah di negeri swing yang memilih Trump sebagai Presiden pada 2024, tetapi mengundi bekas Presiden Joe Biden pada 2020. Musk menyokong Schimel, bekas Peguam Negara untuk Wisconsin dan seorang yang menggelar dirinya sebagai "polis teratas". Dia berjanji untuk "tegas terhadap jenayah," mengikut slogan kempennya, dan meletakkan dirinya sebagai pembangkang kepada "hakim-hakim nakal di seluruh negara yang meletakkan agenda radikal mereka di atas undang-undang." Dia juga disokong oleh Trump. Lawan Schimel, Crawford, ialah Hakim Mahkamah Litar yang berkata dia bertanding untuk "melindungi hak dan kebebasan asas rakyat Wisconsin di bawah perlembagaan kita." Bekas pendakwa raya dan peguam amalan persendirian yang sebelum ini mewakili Planned Parenthood of Wisconsin, Crawford berkata dia mahu berjuang untuk melindungi hak asas yang terancam oleh agenda sayap kanan. Dia disokong oleh empat Hakim Mahkamah Agung Wisconsin semasa, Senator A.S. Tammy Baldwin, dan organisasi seperti Wisconsin Education Association Council dan Emily’s List. Mengapakah Elon Musk begitu mengambil berat tentang perlumbaan ini? Musk, yang menyifatkan perlumbaan itu kritikal untuk "masa depan peradaban" pada pada hari Ahad, telah menjadi penyumbang utama kepada perlumbaan itu. Sumbangan kempen individu hanya boleh berjumlah $20,000, tetapi setakat ini, Musk telah menyumbang sekurang-kurangnya $3 juta kepada Parti Republikan Wisconsin. Kumpulan lain yang didorong oleh dolar Musk telah menyumbang lebih daripada $20 juta dalam perlumbaan itu. Crawford telah secara terang-terangan mengkritik tindakan jutawan itu. “Elon Musk benar-benar ingin membeli sendiri kerusi di Mahkamah Agung Wisconsin,” katanya. "Dia mahu meletakkan seseorang di sana yang dia fikir dia boleh mempunyai pengaruh dan akses kepada." Tesla kini terbabit dalam saman mengenai lesen pengedar selepas lesen pengedar syarikat itu dinafikan pada 2024 kerana undang-undang negeri yang menghalang pengeluar daripada memiliki pengedar, . Kes itu berpotensi mencapai Mahkamah Agung negeri. Adakah Musk benar-benar memberikan cek $1 juta kepada pengundi? Pada hari Ahad, Musk memberikan cek berjumlah sejuta dolar kepada dua pengundi berdaftar di negeri itu. Musk pertama kali menggunakan taktik ini semasa pilihan raya umum, di mana dia juga memberi pengundi a jika mereka mendaftar untuk mengundi di negeri-negeri swing. Pakar undang-undang pilihan raya mencadangkan ketika itu bahawa tindakan itu menyalahi undang-undang kerana undang-undang persekutuan melarang orang ramai daripada membayar atau menerima bayaran untuk mendaftar untuk mengundi. Peguam Negara Wisconsin Josh Kaul pada hari Jumaat untuk menghalang Musk daripada memberikan bayaran yang keterlaluan kepada pengundi, walaupun mahkamah rayuan menolak permintaannya. Adakah George Soros terlibat dalam perlumbaan ini? Dermawan George Soros, seorang penderma liberal terkenal yang sering menjadi subjek teori konspirasi sayap kanan, telah memberikan $2 juta kepada parti Demokrat negeri itu. Musk menyalahkan Soros pada hari Ahad apabila dia diganggu semasa berucap di Wisconsin, mengatakan bahawa "tidak dapat dielakkan sekurang-kurangnya beberapa operator Soros akan berada di khalayak."Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
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Implikasi Tarikh Akhir Larangan TikTok terhadap Masa Depan Apl berita

Implikasi Tarikh Akhir Larangan TikTok terhadap Masa Depan Apl

(SeaPRwire) - Walaupun Presiden Donald Trump membuat penyelamatan pada saat-saat akhir pada bulan Januari, masa depan TikTok kekal tidak jelas apabila tarikh akhir untuk menyelamatkan aplikasi itu semakin hampir. TikTok, yang mempunyai lebih daripada 170 juta pengguna, telah dikritik oleh penggubal undang-undang A.S. berhubung kebimbangan tentang privasi data dan keselamatan negara. Untuk menyelamatkan aplikasi itu, Trump memberi laman media sosial itu sehingga 5 April untuk melupuskan dan mencari pemilik yang berpangkalan di A.S. Di bawah , Trump adalah kuasa yang bertindak untuk mengharamkan TikTok di A.S. Tetapi Presiden towards aplikasi itu berikutan kemenangan pilihan rayanya, dengan menyatakan ia sebagai sebahagian daripada sebab mengapa beliau mendapat sokongan daripada pengundi muda. “Kami mempunyai banyak pembeli berpotensi,” kata Trump di Air Force One pada hari Ahad. "Saya ingin melihat Tiktok terus hidup." Trump memberi isyarat bahawa beliau akan melanjutkan tarikh akhir jika perjanjian tidak dimuktamadkan. China telah memberi isyarat bahawa ia tidak akan menyokong penjualan paksa TikTok. Pertengkaran terbaru ini hanyalah perkembangan terkini dalam pertempuran undang-undang yang panjang untuk memastikan TikTok tersedia di A.S. Usaha untuk mengharamkan TikTok di Montana telah oleh hakim persekutuan pada tahun 2023 selepas pencipta memfailkan saman terhadap negeri itu. TikTok tidak segera menjawab permintaan TIME untuk mendapatkan komen. Berikut adalah perkara yang perlu diketahui. Siapa pemilik TikTok sekarang? TikTok dimiliki oleh syarikat induknya yang berpangkalan di Beijing, ByteDance. Enam puluh peratus daripada syarikat itu dimiliki oleh pelabur termasuk Carlyle Group, General Atlantic, dan Susquehanna International Group, . Baki 40% dibahagikan antara pekerja ByteDance dan pengasas ByteDance. TikTok tidak tersedia di tanah besar China dan mempunyai ibu pejabat di Los Angeles dan Singapura. Tetapi syarikat induknya perlu mematuhi undang-undang China kerana ia mengendalikan platform pertama video lain seperti, versi TikTok yang bersamaan dengan China. Oleh itu, kerajaan China mempunyai "saham emas" salah satu anak syarikatnya, Douyin, yang memiliki kira-kira 1% daripada aplikasi itu. Mengapa A.S. mengharamkan TikTok? Kongres meluluskan pengharaman TikTok sebagai sebahagian daripada pakej tambahan bantuan asing, dengan alasan kebimbangan keselamatan negara. Penggubal undang-undang amat bimbang bahawa syarikat itu boleh berkongsi data dengan kerajaan China atau mengganggu algoritma pengguna dengan cara yang akan memberi manfaat kepada kerajaan asing. Undang-undang keselamatan negara China memerlukan mana-mana syarikat atau organisasi untuk bekerjasama dengan usaha perisikan negara negara itu. “Kongres tidak bertindak untuk menghukum ByteDance, TikTok atau mana-mana syarikat individu lain,” kata Pengerusi Jawatankuasa Perdagangan Senat Maria Cantwell dalam . “Kongres bertindak untuk menghalang musuh asing daripada menjalankan pengintipan, pengawasan, operasi yang berniat jahat, membahayakan rakyat Amerika yang terdedah, anggota perkhidmatan kita dan wanita, dan kakitangan kerajaan A.S. kita.” Sudah pun, aplikasi itu tidak dibenarkan pada mana-mana peranti milik kerajaan di A.S. Negara-negara lain, termasuk India telah mengharamkan TikTok untuk semua pengguna sejak 2020, manakala Australia dan Kanada juga melarang TikTok daripada beroperasi pada mana-mana peranti yang dikeluarkan oleh kerajaan persekutuan. Apa yang boleh Trump lakukan untuk melanjutkan tarikh akhir? Tarikh akhir 5 April semasa dikeluarkan melalui Perintah Eksekutif. Trump mungkin boleh mengeluarkan perintah sedemikian untuk melanjutkan tarikh akhir. Bolehkah anda masih menggunakan TikTok jika ia diharamkan? Kali terakhir aplikasi itu diharamkan, pengguna yang berpangkalan di A.S. tidak dapat mengulas, berkongsi atau melihat sebarang video. "Undang-undang yang mengharamkan TikTok telah diluluskan di A.S. Malangnya, itu bermakna anda tidak boleh menggunakan TikTok buat masa ini," mesej pada latar belakang kelabu dibaca semasa . Walaupun aplikasi itu dipulihkan, TikTok tidak tersedia untuk dimuat turun di gedung Apple dan Google Play sehingga pertengahan Februari. Tidak jelas sama ada pengharaman berpotensi lain akan berfungsi sama dengan yang sebelumnya.Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
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Implan Otak Boleh Menukar Fikiran kepada Pertuturan

` tags. Here's the translated content: (SeaPRwire) - Para saintis telah membangunkan peranti yang boleh menterjemahkan pemikiran tentang pertuturan kepada perkataan yang dituturkan dalam masa nyata. Walaupun masih dalam peringkat eksperimen, mereka berharap antara muka otak-komputer ini suatu hari nanti dapat membantu memberikan suara kepada mereka yang tidak dapat bercakap. Sebuah kajian baru menerangkan ujian peranti itu pada seorang wanita berusia 47 tahun dengan quadriplegia yang tidak dapat bercakap selama 18 tahun. Doktor menanamnya di dalam otaknya semasa pembedahan sebagai sebahagian daripada percubaan klinikal. Ia "menukarkan niatnya untuk bercakap menjadi ayat yang lancar," kata Gopala Anumanchipalli, seorang penulis bersama kajian yang diterbitkan pada hari Isnin dalam jurnal Nature Neuroscience. Antara muka otak-komputer yang lain, atau BCI, untuk pertuturan biasanya mempunyai sedikit kelewatan antara pemikiran ayat dan verbalisasi berkomputer. Kelewatan sedemikian boleh mengganggu aliran perbualan semula jadi, yang berpotensi menyebabkan salah faham dan kekecewaan, kata para penyelidik. Ini adalah "kemajuan yang cukup besar dalam bidang kita," kata Jonathan Brumberg dari Speech and Applied Neuroscience Lab at the University of Kansas, yang bukan sebahagian daripada kajian itu. Pasukan di California merekodkan aktiviti otak wanita itu menggunakan elektrod semasa dia menyebut ayat secara senyap dalam otaknya. Para saintis menggunakan pensintesis yang mereka bina menggunakan suaranya sebelum kecederaannya untuk mencipta bunyi pertuturan yang akan dia sebutkan. Mereka melatih model AI yang menterjemahkan aktiviti saraf kepada unit bunyi. Ia berfungsi sama dengan sistem sedia ada yang digunakan untuk menyalin mesyuarat atau panggilan telefon dalam masa nyata, kata Anumanchipalli, dari University of California, Berkeley. Implan itu sendiri terletak di pusat pertuturan otak supaya ia mendengar, dan isyarat tersebut diterjemahkan kepada cebisan pertuturan yang membentuk ayat. Ia adalah "pendekatan penstriman," kata Anumanchipalli, dengan setiap cebisan pertuturan 80 milisaat—kira-kira separuh suku kata—dihantar ke perakam. "Ia tidak menunggu ayat itu selesai," kata Anumanchipalli. "Ia memprosesnya dengan serta-merta." Menyahkod pertuturan dengan cepat berpotensi untuk bersaing dengan kadar pertuturan semula jadi yang pantas, kata Brumberg. Penggunaan sampel suara, tambahnya, "akan menjadi kemajuan yang signifikan dalam kelancaran pertuturan." Walaupun kerja itu sebahagiannya dibiayai oleh the National Institutes of Health, Anumanchipalli berkata ia tidak terjejas oleh baru-baru ini . Lebih banyak penyelidikan diperlukan sebelum teknologi itu sedia untuk kegunaan meluas, tetapi dengan "pelaburan yang berterusan," ia boleh didapati oleh pesakit dalam tempoh sedekad, katanya.Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
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Kita Mesti Berhenti Menyalahkan Firma Guaman yang Diserang oleh Presiden Donald Trump berita

Kita Mesti Berhenti Menyalahkan Firma Guaman yang Diserang oleh Presiden Donald Trump

(SeaPRwire) - Bulan lalu, Presiden Donald Trump mengeluarkan perintah eksekutif yang menyasarkan perniagaan beberapa firma guaman besar dan melancarkan siasatan ke atas amalan sumber manusia banyak lagi firma. Ada yang tergesa-gesa untuk mengutuk firma guaman yang menjadi mangsa ancaman Presiden baru-baru ini kerana tunduk kepada tuntutannya. Walau bagaimanapun, tidak cukup tumpuan diberikan kepada pelaku sebenar di sebalik tindakan dendam ini: Trump. Tiga daripada firma yang disasarkan—Jenner & Block, WilmerHale, dan Perkins Coie—mencabar Presiden di mahkamah dan mendapatkan perintah sekatan terhadap perintah eksekutif masing-masing. Firma lain, Covington & Burling, tidak mengambil sebarang tindakan sebagai tindak balas kepada perintah eksekutif yang lebih terhad, manakala dua yang lain, Paul, Weiss dan Skadden Arps, mencapai penyelesaian kosmetik dengan Presiden, membolehkan Trump berundur daripada ancamannya. Seperti yang dinyatakan oleh pengerusi Paul Weiss kepada rakan-rakannya, firma itu menyelesaikan ancaman eksistensial kepada firma tanpa menjejaskan polisi atau prinsip budayanya. Surat ini juga mendedahkan bahawa Paul Weiss menjadi sasaran selepas Brad Karp cuba mengumpulkan firma-firma utama lain untuk menyokong firma rakan sebaya yang disasarkan awal. Malah, beberapa firma pesaing bertindak balas dengan cara yang bertentangan cuba Paul Weiss peguam dan pelanggan yang merasakan kelemahan. ’ dan ’ perjanjian dengan Presiden termasuk tawaran kerja undang-undang pro bono yang besar mengenai tujuan seperti hak veteran, anti-Semitisme, dan mempromosikan keadilan dalam sistem perundangan. Ini adalah tujuan yang telah lama disokong oleh firma-firma dan dalam jumlah dolar yang merupakan sebahagian kecil daripada apa yang telah diperuntukkan oleh firma-firma untuk kerja pro bono. Tambahan pula, Karp menegaskan bahawa penyelesaian Paul Weiss tidak termasuk kutukan penglibatan firma sebelumnya atau amalan HR, dan ia juga tidak mengenakan sebarang batasan formal ke atas representasi masa depan, termasuk representasi terhadap Pentadbiran Trump. Perjanjian sedemikian nampaknya merupakan cara terbaik untuk menenangkan pelanggan utama yang cemas dan berpotensi untuk mencuri peguam terkemuka. Dalam sistem perundangan kita, penyelesaian konflik mengimbangi litigasi yang berlarutan dan mahal berbanding penyelesaian rundingan yang lebih pantas. Pilihan bergantung pada kedudukan strategik setiap pihak. Presiden tidak mungkin menang dalam litigasi yang mencabar perintah eksekutifnya. Oleh itu, dia bermotivasi untuk menyelesaikan dengan cara yang menyelamatkan muka untuk berundur, yang disedari oleh Paul, Weiss dan Skadden Arps. Tambahan pula, seperti yang ditulis oleh rakan sekerja Yale saya dalam Wall Street Journal, firma-firma yang cepat menyelesaikan mempunyai amalan transaksi korporat yang lebih besar, dengan kecenderungan risiko penerbangan yang lebih tinggi, berbanding firma-firma yang mempunyai amalan litigasi yang lebih besar. Adalah difahami bahawa firma guaman dengan model perniagaan yang berbeza akan mendekati krisis yang sama ini secara berbeza. Dengan kualiti aset firma guaman yang mudah rosak dan kewajipan fidusiari firma kepada pelanggan dan pekerja mereka, firma boleh membuat pilihan perniagaan yang berbeza sambil tetap menjamin masa depan mereka dengan terhormat. Keadaan kompleks yang berterusan di Wilmer Hale menunjukkan lebih lanjut mengapa penyelesaian Paul Weiss dan Skadden Arps menarik. Wilmer Hale telah diberikan , tetapi hakim secara jelas menafikan kelegaan apabila melihat sekatan pelepasan keselamatan melihat budi bicara bidang kuasa pihak berkuasa eksekutif Presiden Trump yang memerlukan litigasi berterusan. Pelanggan yang memerlukan peguam mereka mempunyai pelepasan keselamatan mungkin tidak selesa jika terdapat beberapa keperluan mendesak dalam representasi. Serangan terhadap tindakan Paul Weiss dan Skadden Arps telah terlepas cerita sebenar. Niat Presiden adalah untuk menyerang hampir setiap firma guaman terkemuka yang telah mewakili atau mengupah mereka yang mencabar tindakan Presiden di mahkamah. Perlu diberi perhatian bahawa antara firma yang tidak diserangnya ialah firma mesra Trump seperti Jones Day, Quinn Emanuel, dan Sullivan & Cromwell. Malah, salah satu aspek yang paling membimbangkan dalam kisah ini ialah Presiden mendapatkan nasihat daripada pengerusi bersama pesaing Paul Weiss, Sullivan & Cromwell, peguam peribadi Trump dalam rayuannya atas sabitan 34 pertuduhan memalsukan rekod perniagaan, semasa dia berunding dengan Karp. Adalah luar biasa bahawa penglibatan ini belum menjadi subjek penelitian dan kritikan yang lebih besar. Para pemimpin dalam profesion undang-undang boleh mengambil iktibar daripada rakan-rakan mereka dalam bidang lain. Selepas firma kewangan musnah akibat kehilangan rakan sekerja mereka dalam serangan 11 September 2001, pesaing mereka bergegas menawarkan bantuan. Pelanggan tidak dicuri dan bakat tidak dicuri dari firma yang paling terjejas akibat serangan itu. Begitu juga, semasa keruntuhan kewangan 2008, pemimpin firma kewangan terkemuka bekerjasama untuk membangunkan sokongan untuk program , walaupun firma-firma tersebut berada dalam kedudukan yang kompetitif yang sihat untuk memanfaatkan pesaing mereka yang jatuh. Pesaing seperti UPS atau FedEx secara rutin tidak cuba untuk mendapat manfaat daripada kemalangan masing-masing tetapi sebaliknya menawarkan bantuan antara satu sama lain dalam menghadapi kegagalan operasi, perselisihan buruh, dan gangguan lain. Apabila pada tahun 2021, Delta Airlines menyuarakan kebimbangan terhadap undang-undang pengundian baharu yang ketat, Presiden menyeru boikot terhadap Delta. Saya menghubungi ketua eksekutif American dan United, yang serta-merta menyatakan sokongan awam untuk Delta dan menyertai satu yang tergesa-gesa dipanggil untuk tujuan itu. oleh ketua eksekutif dalam dunia perniagaan telah memberi impak yang besar dalam menumpulkan hakisan autoritarian yang tidak dicabar terhadap institusi demokrasi Amerika. Industri undang-undang berdiri terpisah—dan perhatian yang terhasil tidak menyanjung. Hentakan dada hipokrit peguam yang mengutuk firma guaman yang menyelesaikan adalah ketara, kerana ramai daripada peguam yang sama sebelum ini gagal menyertai usaha untuk menyokong firma-firma tersebut daripada serangan Presiden. Sebaliknya, mereka menyalahkan mangsa di sini. Semoga, para pemimpin dalam dunia undang-undang boleh belajar daripada pemimpin yang lebih berani dalam bidang lain. Sudah pun dekan sekolah undang-undang telah bersuara serentak dalam mengecam serangan Presiden terhadap firma guaman, manakala firma yang lebih kecil seperti dan telah bersuara dalam mempertahankan pesaing mereka yang lebih besar, mencadangkan “sahabat ringkas mahkamah”. Isnin, menyertai kecaman terhadap perintah eksekutif partisan paksaan Presiden Trump yang menyerang firma guaman ini, manakala telah mengecam serangan ini terhadap kedaulatan undang-undang. Mungkin firma-firma besar boleh bergabung dengan firma-firma kecil yang bersemangat daripada kepentingan diri yang tercerahkan. Tidak akan menyakitkan untuk mendengar daripada pelanggan mereka sekarang, juga. Belum terlambat untuk industri undang-undang menebus dirinya dalam saat yang berbahaya ini.Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
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Euro Manganese Announces Upsize to Previously Announced Financing of up to C$11.2m (A$12.3m) including a Private Placement with Eric Sprott ACN Newswire

Euro Manganese Announces Upsize to Previously Announced Financing of up to C$11.2m (A$12.3m) including a Private Placement with Eric Sprott

HighlightsDue to strong demand Euro Manganese has upsized the previously announced C$5.9m (A$6.5m) placement to C$9.8m (A$10.8m) and the condition to raise C$8m has been metEric Sprott, through 2176423 Ontario Ltd., confirms participation for C$3.0m (A$3.3m)European Bank for Reconstruction and Development subscription increased to approximately C$3.9m (A$4.2m)Share Purchase Plan ("SPP") for certain eligible ASX shareholders revised to up to A$1.5m (C$1.4m). Orion Resource Partners ("Orion") to fund any shortfall under the SPP for up to A$1.5mAnnual and special meeting of shareholders rescheduled to May 15, 2025Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - April 1, 2025) - Euro Manganese Inc. (TSXV: EMN) (ASX: EMN) (FSE: E06) (the "Company") today announced that, due to strong investor demand, the previously announced financing on March 6, 2025, including a placement in the Company (the "Placement") of common shares ("New Shares") and CHESS Depositary Interests ("New CDIs") (together, "New Securities"), has been upsized to up to C$9.8m (approximately A$10.8m)1 and the condition to raise C$8m has been met. Proceeds will be used to support ongoing development of the Chvaletice Manganese Project and customer engagements to secure additional offtake term sheets and strategic investments.All defined terms in this press release have the same meaning as set out in the March 6, 2025, press release, unless such terms are otherwise defined herein.Euro Manganese is pleased to report that Mr. Eric Sprott, through 2176423 Ontario Ltd., a corporation which is beneficially owned by him, has agreed to subscribe for 16,666,666 (PC - 83,333,330) New Securities for an investment of C$3.0m (approximately A$3.3m). The European Bank for Reconstruction and Development ("EBRD") has increased its investment to approximately C$3.9m (approximately A$4.2m). Additionally, the Company is reducing the previously announced Share Purchase Plan ("SPP") amount to up to A$1.5m (approximately C$1.4 m), subject to receiving regulatory approval from the TSX Venture Exchange ("TSXV") for the amount of units that form part of the SPP under the Equity Raising (defined below).As previously announced on March 6, 2025 and March 31, 2025, the Company undertook a consolidation of its existing securities, including all shares represented by CDIs on the Australian Securities Exchange ("ASX"), at a ratio of five (5) pre-consolidation shares to one (1) post-consolidation share (the "Consolidation"). Subscriptions for all New Securities in the Equity Raising will be completed on a post-Consolidation basis. For the avoidance of doubt, all references to New Securities, Warrants, Broker Warrants, Additional Warrants and all per Share or per CDI dollar figures in this news release are on a post-Consolidation basis. Pre consolidation figures ("PC") are shown in brackets.Martina Blahova, Interim CEO of Euro Manganese, commented:"We are extremely pleased with the robust support demonstrated by both our existing shareholders and new investors, including the notable participation of Mr. Eric Sprott. This strong response, alongside the continued support from EBRD and Orion, underscores the strategic significance of the Chvaletice Manganese Project to Europe's critical minerals independence and supply chain security, a conviction further reinforced by the recent designation of the Chvaletice Manganese Deposit as a Strategic Deposit by the government of the Czech Republic and the Project's recognition as a Strategic Project under the EU's Critical Raw Materials Act."Details of the Placement and the SPPThe Company has rescheduled the date of its Annual and Special General Meeting ("ASGM") from April 22, 2025, to May 15, 2025, where shareholders will be asked to approve the issuance of New Securities and Warrants to be issued under the Placement and the SPP (collectively referred to as the "Equity Raising"). The Company will file a management information circular in connection with the ASGM in due course in accordance with applicable securities laws. The Equity Raising, and all terms related thereto, remain subject to the approval of the TSX-V.Details of the PlacementThe Placement consists of an aggregate of 54,578,350 (PC -272,891,772) New Securities (comprised of 39,671,662 (PC -198,358,310) New Shares and 14,906,688 (PC - 74,533,462 New CDIs)) and 54,578,350 (PC - 272,891,772) Warrants for aggregate gross proceeds of C$9.8m (approximately A$10.8m)1 which will be subject to shareholder approval as required by Listing Rules 7.1, 10.11.1 and 10.11.4 of the ASX to be sought at the ASGM. Warrants issued in connection with the Placement will be exercisable any time prior to the date that is 18 months from the closing of the Placement and have an exercise price of C$0.225 (PC - C$0.045) per New Security.Included in the Placement are:(i) subscriptions are to be issued in excess of the number permitted under ASX Listing Rule 7.1, which includes:14,650,278 (PC - 73,251,410) New CDIs and 14,650,278 (PC - 73,251,410) Warrants subscribed for under the Placement led by the Joint Lead Managers (as defined below) for aggregate gross proceeds of A$2.9m (approximately C$2.6m);21,400,000 (PC - 107,000,000) New Shares and 21,400,000 (PC - 107,000,000) Warrants subscribed for by EBRD for gross proceeds of C$3.9m (approximately A$4.2m) (the "EBRD Subscription");18,063,331 (PC - 90,316,655) New Shares and 18,063,331 (PC - 90,316,655) Warrants subscribed for directly with the Company for gross proceeds of C$3.3m (approximately A$3.6m), which include 16,666,666 (PC - 83,333,330) New Shares and 16,666,666 (PC - 83,333,330) Warrants subscribed for by Mr. Eric Sprott, through 2176423 Ontario Ltd. a corporation which is beneficially owned by him, for gross proceeds of C$3.0m (approximately A$3.3m) (the "Sprott Subscription"); and(ii) subscriptions by related parties of the Company (consisting of directors of the Company and companies controlled by directors of the Company) for 464,741 (PC - 2,323,707) New Securities (comprised of 208,331 (PC - 1,041,655) New Shares and 256,410 (PC - 1,282,052) New CDIs) and 464,741 (PC- 2,323,707) Warrants for gross proceeds of C$83,000 (approximately A$91,200) ("Related Party Subscription"), which are subject to approval by the Company's shareholders as required by ASX Listing Rule 10.11.1 and 10.11.4.Since certain directors and management of the Company are expected to participate in the Related Party Subscription, the Conditional Placement is expected to be a related party transaction subject to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company intends to rely on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that participation in the Conditional Placement by such directors and management is not expected to exceed 25% of the fair market value of the Company's market capitalization, as calculated in accordance with MI 61-101.Updated Details of the Share Purchase PlanDetails of the SPP were announced on March 6, 2025. The SPP will be reduced to up to A$1.5m (approximately C$1.4m) (the "SPP Subscription"), subject to receiving regulatory approval from the TSXV for the units that comprise the SPP under the Equity Raising. The SPP will include 7,692,307 (PC - 38,461,535) New CDIs and 7,692,307 (PC - 38,461,535) Warrants exercisable any time prior to the date that is 18 months from the date of issue of the Warrants, with an exercise price of C$0.225 (PC - C$0.045) per New Security. Orion has agreed to fill any shortfall under the SPP (at the Equity Raising Price) up to a maximum of A$1.5 million. The New CDIs and Warrants issued under the SPP will also be subject to shareholder approval at the ASGM under ASX Listing Rule 7.1. The record date for the SPP remains the same as disclosed on March 6, 2025, and the rest of the indicative timetable has changed as set out below.The Company retains the right to accept applications for the SPP (in whole or part) at its absolute discretion (subject to applicable law including compliance with the ASX Listing Rules). The Company may also cancel the SPP if the Company's Board of Directors determines it is in the best interest of the Company, after considering the final amount of units approved by the TSXV for the Equity Raising.European Bank for Reconstruction and DevelopmentWith the Sprott Subscription, the Company has now successfully secured additional funding that will satisfy the EBRD condition that the Company raise at least C$8 million (A$8.8m), assuming the Company receives shareholder approval at the ASGM. EBRD has increased its subscription to C$3,852,000 (approximately A$4.2m) given the upsizing of the Equity Raising. Prior to the completion of the EBRD Subscription, EBRD owns 3,560,000 common shares, representing an ownership interest of 4.42% of the issued and outstanding common shares. On completion of the EBRD Subscription, EBRD's ownership interest will be, in aggregate (including the common shares it currently owns) 24,960,000 common shares, representing an ownership interest of 17.48% of the issued and outstanding common shares and an increase of 13.06%. Assuming the exercise by EBRD of all its Warrants, and assuming the exercise of (i) all Warrants issued under the Equity Raising, (ii) all Warrants issued under the SPP Subscription, and (iii) all Additional Warrants, EBRD's ownership interest will be in aggregate 46,360,000 common shares, representing an aggregate beneficial ownership interest of 19.96% of the issued and outstanding shares and an increase of 15.54%. EBRD has agreed, pursuant to the terms of the Warrants issued to EBRD, that for so long as the Company is listed on the TSXV, unless approval from the TSXV and disinterested shareholders of the Company have been obtained pursuant to the policies of the TSXV (provided that such approval is required at the relevant time), EBRD will not be permitted to exercise such number of warrants that would result in it beneficially owning more than 19.99% of the outstanding common shares of the Company.Broker Fees and Additional WarrantsCanaccord Genuity (Australia) Limited ("Canaccord Genuity") and Foster Stockbroking Pty Ltd ("FSB") are acting as Joint Lead Managers and Bookrunners for the Equity Raising (together the "Joint Lead Managers"). Aggregate fees payable in cash by the Company to Canaccord Genuity and FSB in connection with the Placement and the SPP will be 6% of the aggregate gross proceeds from the Placement and SPP to a cap of C$8 million (A8.8m).Additionally, Canaccord Genuity and FSB will be issued 4,904,478 (PC - 24,522,396) broker warrants ("Broker Warrants"), representing 12% of the aggregate number of New Securities issued under the Placement and the SPP, excluding those issued pursuant to the EBRD Subscription, exercisable any time prior to the date that is 24 months from the date of issue of the Broker Warrants, with an exercise price of C$0.225 (PC - C$0.045) per New Security. As the number of Broker Warrants, together with the New Securities and Warrants to be issued under the Placement, exceeds the maximum number of securities that can be issued by the Company under ASX Listing Rule 7.1, this issuance will also be subject to approval by the Company's shareholders at the ASGM.Additionally, as announced previously on December 3, 2024, the Company agreed, subject to receipt of TSX-V approval, to issue to Orion 22,263,733 (PC - 111,318,665) warrants to purchase Shares (the "Additional Warrants"), exercisable any time prior to the date that is 18 months from the closing of the Placement, with an exercise price of C$0.225 (PC - C$0.045) per New Security. As the number of the Additional Warrants exceeds the maximum number of securities that can be issued by the Company under ASX Listing Rule 7.1, this issuance will also be subject to approval by the Company's shareholders at the ASGM.The securities to be issued or made issuable under the Equity Raising, as well as the Additional Warrants, have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States or to U.S. Persons absent registration or an applicable exemption from registration. This press release is not an offer or a solicitation of an offer of securities for sale in the United States, nor will there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.Applicable Hold PeriodsNew Shares issued or made issuable will not be permitted to be traded in or into Canada or through TSXV for 4 months and 1 day following completion and will be subject to legending requirements under Canadian securities laws. New Shares will be listed on the TSXV, and New CDIs listed on the ASX. Warrants will not be listed. New CDIs will not be permitted to be exchanged for common shares and traded on TSXV for 4 months and 1 day from their date of issue.Common shares issued upon exercise of the Warrants, Broker Warrants or Additional Warrants during the four-month period and 1 day after their respective date of issue are subject to the same restrictions noted above.The Warrants, Broker Warrants or Additional Warrants may not be traded in or into Canada for 4 months and 1 day following completion and will be subject to legending requirements under Canadian securities laws.Updated Indicative Equity Raising Timetable The following indicative timetable assumes A$1.5m SPP and is subject to the Company receiving TSXV approval for the amount of units that form part of the SPP under the Equity Raising. VancouverAustraliaSPP Record Daten/aWednesday, March 5, 2025Share Purchase Plan Opensn/aWednesday, April 16, 2025Share Purchase Plan Closesn/aWednesday, April 30, 2025Meeting to approve the Equity Raising and related mattersThursday, May 15, 2025Friday, May 16, 2025Settlement of New Securities Issued under the Equity RaisingWednesday, May 21, 2025Thursday, May 22, 2025Allotment of New Securities issued under the Equity RaisingThursday, May 22, 2025Friday, May 23, 2025 About Euro ManganeseEuro Manganese is a battery materials company focused on becoming a leading producer of high-purity manganese for the electric vehicle industry. The Company is advancing development of the Chvaletice Manganese Project in the Czech Republic and exploring an early-stage opportunity to produce battery-grade manganese products in Bécancour, Québec.The Chvaletice Project is a unique waste-to-value recycling and remediation opportunity involving reprocessing old tailings from a decommissioned mine. It is also the only sizable resource of manganese in the European Union, strategically positioning the Company to provide battery supply chains with critical raw materials to support the global shift to a circular, low-carbon economy.Euro Manganese is dual listed on the TSX-V and the ASX.www.mn25.caAuthorized for release by the Interim CEO of Euro Manganese Inc.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) or the ASX accepts responsibility for the adequacy or accuracy of this release.EnquiriesMartina BlahovaInterim Chief Executive Officer+1 (604) 681-1010martina@mn25.caLodeRock AdvisorsNeil WeberInvestor and Media Relations - North America+1 (647) 222-0574neil.weber@loderockadvisors.comJane Morgan ManagementJane MorganInvestor and Media Relations - Australia+61 (0) 405 555 618 jm@janemorganmanagement.com.au Company Address: #709 -700 West Pender St., Vancouver, British Columbia, Canada, V6C 1G8Website: www.mn25.caForward-Looking StatementsCertain statements in this news release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company, its Chvaletice Project, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.Readers are cautioned not to place undue reliance on forward-looking information or statements. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company.Such forward-looking information or statements also include, but are not limited to, statements regarding the Company's intentions regarding the development of the Chvaletice Project, statements regarding the terms of the Placement, including completion thereof, the anticipated closing dates of the Placement, receipt of necessary regulatory approvals, the holding of the shareholder meeting, the use of proceeds of the Placement and the SPP, the issuance of the Additional Warrants, the terms of the SPP, including completion thereof, and any participation by Orion, statements regarding the Consolidation, including completion thereof.All forward-looking statements are made based on the Company's current beliefs including various assumptions made by the Company including that the Chvaletice Project will be developed and operate in accordance with current plans, that the Company will be able to raise the financing that it requires, and that it will meet conditions of its secured credit facility. Factors that could cause actual results or events to differ materially from current expectations include, among other things: risks and uncertainties related to maintaining necessary licenses or permits; risks related to acquisition of surface rights; securing sufficient offtake agreements; the availability of acceptable financing, and risks related to granting security; developments in EV (Electric Vehicles) battery markets and chemistries; and risks related to fluctuations in currency exchange rates, changes in laws or regulations; and regulation by various governmental agencies. For a further discussion of risks relevant to the Company, see "Risk Factors" in the Company's annual information form for the year ended September 30, 2024, available on the Company's SEDAR+ profile at www.sedarplus.ca.Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/246916 Copyright 2025 ACN Newswire via SeaPRwire.com.
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CIMC Group Announces 2024 Annual Results ACN Newswire

CIMC Group Announces 2024 Annual Results

HONG KONG, Mar 28, 2025 - (ACN Newswire via SeaPRwire.com) - China International Marine Containers (Group) Co., Ltd. (“CIMC Group” or the “Group”, stock code: 000039.SZ/02039.HK) is pleased to announce the audited annual results for the 12 months ended 31 December, 2024 (the “Reporting Period” or the “Year”).Financial HighlightsPerformance Highlights01. Profits of offshore engineering-related industries improved by nearly 900 million: The manufacturing division achieved its first-ever profit turnaround. CIMC Raffles' revenue in 2024 increased by 58% year-on-year to RMB 16.556 billion, with a net profit of approximately RMB 224 million, and the gross profit margin increased by 7.8 percentage points to 12.8% in the second half of the year. During the Reporting Period, new effective orders for the offshore engineering division increased by 93.5% year-on-year to US$3.25 billion, a record high. Net profit of the financial and asset management division improved significantly by approximately RMB 640 million; the rental rate of drilling platform jack-up platforms was up by 100%, and the rental rate of Deepsea Yantai semi-submersible drilling platforms by more than 20%.02. Container manufacturing business achieves record-high performance: In 2024, dry cargo container sales experienced a year-on-year growth of 417.03%. The container manufacturing segment recorded a net profit of RMB 4.088 billion, up 128% year-on-year, with the gross profit margin increasing quarter by quarter.03. Steady performance in core segments of road transportation vehicles and energy, chemical & liquid food equipment business: In 2024, CIMC Vehicles saw a 12.02% year-on-year increase in semi-trailer sales in China, maintaining its no.1 market share in the country for the sixth consecutive year, with revenue growing against market trends. CIMC Enric recorded over RMB 10 billion in new orders for its marine clean energy-related business, setting a new record.04. The structure of interest-bearing debt continued to be optimized: The interest-bearing debt ratio dropped to 22.4%, and, by the end of the year, 1.89 billion floating interest-bearing US dollar bonds had been replaced, optimizing financing costs.The Group’s management said, "In 2024, despite the global operating environment remaining complex and competitive, the Group continued to act pragmatically to deepen its core businesses, optimize order quality, and advance its various business segments in a coordinated manner, solidifying its strong manufacturing advantages and charting a new blueprint for high-quality development in the services sector. Leveraging its continuously strengthened global operational platform, the Group captured customer demand across regions, mitigated risks from single-market fluctuations, and achieved steady, quality growth.In 2024, adhering to the principles of seeking progress while maintaining stability and upholding integrity while innovating, the Group capitalized on its global presence to navigate headwinds and achieve consecutive quarterly performance improvements. For the full year, the Group achieved record-high revenue of RMB 177.664 billion, a 39.01% year-on-year increase. Net profit attributable to shareholders surged 605.60% year-on-year to RMB 2.972 billion. Overseas and domestic revenue accounted for approximately 54% and 46%, respectively, capturing comprehensive growth opportunities across regional markets."Segments Results (RMB million)2024 Business indicatorsRevenueAs % of the total revenueGross profitAs % of the gross profitGross profit marginNet profitContainer manufacturing62,20535.0%9,69943.6%15.6%4,088Logistics services31,38917.7%1,9398.7%6.2%437Road transportation vehicles20,99811.8%3,42715.4%16.3%1,081Energy, chemical, and liquid food equipment25,57914.4%3,53315.9%13.8%732Offshore engineering16,5569.3%1,5086.8%9.1%224Core Business PerformanceThe container manufacturing business achieved outstanding performance once again, with the production and delivery volume of standard containers reaching a historic high. During the Reporting Period, global demand for goods trade picked up, and according to the report issued in February 2025 by CLARKSONS (a global authoritative industry analyst), global container trade volume increased by 5.9% year-on-year to 213 million TEUs in 2024; at the same time, the detour of European routes brought about by the Red Sea Incident and the port congestion caused by the strike of terminal workers resulted in lowered efficiency of container transportation, and increased container demand. Resultantly, during the Reporting Period, the production and sales volume of the Group’s container manufacturing business hit a record high. In particular, the accumulated sales volume of dry containers reached 3,433,600 TEUs (same period in 2023: 664,100 TEUs), representing a year-on-year increase of approximately 417.03%. The accumulated sales volume of reefer containers reached 138,600 TEUs (same period in 2023: 92,500 TEUs), representing a year-on-year increase of approximately 49.84%. In 2024, the container manufacturing business of the Group recorded a revenue of RMB 62.205 billion (same period in 2023: RMB 30.213 billion), representing a year-on-year increase of 105.89%, and a net profit of RMB 4.088 billion (same period in 2023: RMB1.794 billion), representing a year-on-year increase of 127.84%.In the logistics services business, during the Reporting Period, global merchandise trade showed a rebound in growth, driving strong cargo demand in the international container transportation market. Meanwhile, the substantial rebound in the freight rates of container transportation contributed to the growth in demand in the air and land transportation markets. In 2024, the Group's logistics services business continued to strengthen its direct customer acquisition capabilities. The business volume of its key core products saw growth ranging from 2% to 49%, achieving operating revenue of RMB 31.389 billion (same period in 2023: RMB 20.166 billion), representing a year-on-year increase of 55.65%, and a net profit of RMB 437 million (same period in 2023: RMB 187 million), representing a year-on-year increase of 133.27%. The yard business volume reached a new record high, with over 7.5 million TEUs of empty containers in and out of the yards for the whole year. During the Reporting Period, CIMC Wetrans ranked third among Chinese enterprises on the list of the 2024 Top 50 Ocean Freight Forwarders issued by Transport Topic, an authoritative magazine in the global logistics industry.In the road transport vehicle business, CIMC Vehicles deepened its implementation of the "Star-Chained Plan", achieving new-quality leadership. In 2024, despite a sluggish global commercial vehicle logistics market, the “Star-Chained Plan” enabled CIMC Vehicles to consolidate domestic semi-trailer factory resources and leverage superior product competitiveness to overcome challenges. This drove counter-cyclical growth in domestic vehicle sales and solidified its overseas market advantages. CIMC Vehicles increased its semi-trailer sales in the domestic market by 12.02% year-on-year, securing the nation’s top market share for the sixth consecutive year. Revenue grew against market headwinds, supported by strategic adjustments. The Company also aligned with new energy trends by launching its first pure electric tractors and trailers product. For 2024, CIMC Vehicles reported a revenue of RMB 20.998 billion (same period in 2023: RMB 25.087 billion), down 16.30% year-on-year, and net profit of RMB 1.081 billion (same period last year: RMB 2.448 billion), down 55.83% year-on-year. The decline primarily reflects the normalization of North American business from previously elevated levels. Additionally, in 2023, CIMC Vehicles generated a non-recurring gain of approximately RMB 848 million from the disposal of its equity in Shenzhen Special Vehicle.In the Energy FieldIn the offshore engineering business, the Group achieved its first profit turnaround. In 2024, the global shipping and offshore engineering market environment continued to improve, and international oil prices were at a relatively high level, which still had a promoting effect on the oil and gas production platforms. The continuous growth in marine operation activities drove the utilisation ratio and the rental for offshore engineering equipment to be on the rise, while the offshore engineering equipment market continued to recover. During the Reporting Period, CIMC Raffles secured new offshore engineering orders totaling US$ 3.250 billion (same period in 2023: US$ 1.680 billion), including the maintenance and reconstruction of one FLNG, two turnkey projects for FPSO hull construction, three ro-ro ships, and orders for other clean energy projects. As of the end of 2024, the accumulated value of orders on hand increased by 27% to US$ 6.920 billion (same period in 2023: US$ 5.470 billion), of which the proportion of the oil and gas business, wind power installation vessels and ro-ro ships was approximately 3:1:1. The manufacturing of these orders has been booked up to 2027. During the Reporting Period, the offshore engineering business of the Group recorded a revenue of RMB 16.556 billion (same period in 2023: RMB 10.452 billion), representing a year-on-year increase of 58.41%, and a net gain of RMB 224 million (same period in 2023: net loss of RMB 31 million).In the offshore engineering asset operation, the slow recovery of the global macro-economy and the volatility of crude oil prices continued to affect the global offshore drilling market. With intensifying market competition, both utilisation rate and rates of offshore drilling faced pressure market in the second half of the year, while oil companies re-examined new energy transformation, adjusted development strategies, slowed down the pace of transformation, and re-focused on oil and gas production. During the Reporting Period, the offshore engineering asset operation and management business of CIMC continued to leverage on its existing project experience and business capabilities, further consolidated its cooperative relationship with customers at home and abroad, and capitalised on its excellent offshore engineering platform operation and management capabilities to improve asset rental rates, successfully signing new lease contracts for 2 platforms. In 2024, the offshore engineering asset pool platform actively capitalized on asset revitalization opportunities, achieving a year-on-year increase in leasing and operational income and a notable reduction in losses.In the energy, chemical, and liquid food equipment business, the Group has overcome cyclical misalignment and fluctuations, supporting the global demand for energy transition. The revenue growth and orders for clean energy have been remarkable, and the Group has continued to enhance its overseas business presence and upstream capabilities in hydrogen energy. In particular, the global shipping industry is accelerating its green transformation, and the cumulative new orders for CIMC Enric’s marine clean energy business exceeded RMB 10 billion, reaching a new high; the sales revenue of LNG vehicle cylinders reached RMB 1.140 billion, representing a year-on-year increase of 31%, reaching a historical high. In the chemical sector, the Group has maintained the number one global market share in tank containers for several consecutive years. In the liquid food segment, the Group seized growth opportunities in the domestic spirits market, achieving a year-on-year increase in revenue. Overall, this business achieved a revenue of RMB 25.579 billion (same period in 2023: RMB 25.026 billion), representing a year-on-year increase of 2.21%, and net profits of RMB 732 million (same period in 2023: RMB 854 million), representing a year-on-year decrease of 14.31%.Future Development and ProspectsThe Group's management stated, "Looking ahead to 2025, the Group will continue to deepen the implementation of its Five-Year Strategic Plan and the strategic theme of “accelerating the construction of new growth drivers and focusing on promoting high-quality development” and coordinate the reasonable growth of “quantity” and the effective improvement of “quality”, to ‘become a high-quality and respected world-class enterprise’.In terms of driving new growth momentum, CIMC Group will seize significant opportunities in green development and new quality production, actively expanding our strategic emerging business layout in areas such as clean energy and smart logistics. Balancing globalization, we will explore development opportunities in emerging markets such as Southeast Asia and the Middle East, and focus on upgrading core products and achieving breakthroughs in key technologies, advancing toward higher-value segments of the industrial chain. For high-quality development, we will prioritize improving quality and efficiency to achieve stable and sustainable returns on resource investments. Additionally, we will strengthen technological innovation and digitalization to further enhance product competitiveness while fostering strategic partnerships and industrial collaboration to establish high-quality development relationships.The year 2025 marks a critical milestone for CIMC Group in our journey of "reaching higher." We will continue to face challenges boldly and persevere with determination, seeking breakthroughs in adversity and crafting new chapters amid challenges. We aim to reward all shareholders through our steady and solid performance!”About China International Marine Containers (Group) Co., Ltd.The CIMC Group is a world-leading equipment and solution provider in the logistics and energy industries, and its industry cluster mainly covers logistics and energy fields, strengthening its position as a global market leader. In the logistics field, the Group still adheres to taking container manufacturing business as its core business, based on which to develop road transportation vehicles business, airport facilities and logistics equipment/fire safety and rescue equipment business and to a lesser extent, logistics services business and recycled load business providing products and services in professional field of logistics; in the energy field, the Group is principally engaged in energy/chemical/liquid food equipment business and offshore engineering business; meanwhile, the Group also continuously develops emerging industries and has finance and asset management business that serves the Group itself. As a diversified multinational industrial group that shoulders the mission of global serving, CIMC owns a total of 4 listed companies and over 300 member enterprises in Asia, North America, Europe, Australia, and others, and extensive customers and sales networks covering more than 100 countries and regions. During the year, the Group recorded a revenue of RMB 177.664 billion, with gross profit margin remained remaining at 12.52% and net profit of RMB 4.195 billion. The Group was ranked 179th in the Fortune 500 China 2024. For more information, please visit http://www.cimc.com/. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Fosun’s Stable Fundamentals Support its Clear Growth Path

HONG KONG, Apr 1, 2025 - (ACN Newswire via SeaPRwire.com) - Fosun International (HKEX: 0656), which is committed to advancing its core business-focused and business streamlining strategy, announced its 2024 annual results on 30 March.According to the results announcement, in 2024, Fosun International’s total revenue reached RMB192.14 billion, representing a slight decrease of 3.1% from 2023. Its four core subsidiaries – Yuyuan, Fosun Pharma, Fosun Insurance Portugal, and Fosun Tourism Group (“FTG”) – generated a total revenue of RMB134.65 billion, accounting for 70.1% of the Group’s total revenue. Due to a one-off book loss related to an individual investment during the reporting period, the Group’s loss attributable to owners of the parent for the year amounted to RMB4.35 billion.“In the past year, we sustained steady growth momentum and demonstrated robust resilience in the face of global economic fluctuations and market challenges. We continuously advanced our core business-focused and business streamlining strategy by divesting non-core assets and heavy assets to focus on core operations, reduce debt, and optimize our capital structure. In the course of asset divestment, the adjustment in the carrying value of an individual investment impacted our 2024 financial performance. Nonetheless, Fosun’s overall operational fundamentals remain stable, the core businesses are under healthy development, and the industrial operation profits and operating cash flows stay healthy and stable,” Guo Guangchang, Chairman of Fosun International, stated in the letter to shareholders.CITIC Securities released a research report based on Fosun International’s 2024 annual results on 30 March, stating that the company’s industrial operations remain stable, while the loss is mainly attributable to the one-off impairment from its investment. In fact, excluding the one-off non-cash impairment loss, Fosun International’s profit attributable to owners of the parent for 2024 amounted to RMB750 million, and the industrial operation profit, which reflects Fosun’s fundamentals and growth potential, reached RMB4.9 billion.Additionally, Fosun’s financial position remained sound. As at the end of 2024, the total debt to total capital ratio was 52%, and cash and bank balance and term deposits amounted to RMB106.34 billion, representing an increase of approximately RMB13.88 billion from the previous year. Healthy debt ratios and strong liquidity buffer not only strengthen the company’s resilience against risks but also enhance its ability to seize development opportunities.“We believe that our clear strategic focus and robust industrial operational capabilities are the key to driving Fosun’s long-term steady growth,” Guo Guangchang said.Pursuing “strategic advancements and exits”, further deepening focus on core industriesSince last year, Guo Guangchang has summarized Fosun’s current strategy as “strategic advancements and exits” on multiple occasions. He noted that in the past few years, Fosun has mainly prioritized “exit” to streamline its business. However, starting in 2024, it has placed greater emphasis on “strategic advancements and exits”. By pursuing “advancements” in core operations, it has leveraged development to address challenges.The results announcement indicated that from 2022 to 2024, Fosun completed the divestment of approximately RMB75.0 billion of non-strategic and non-core assets. In 2024, the signed asset divestment amounted to approximately RMB17.5 billion equivalent at the group level, and approximately RMB30.0 billion equivalent at the consolidated level.Fosun’s steadfast commitment to divesting non-strategic and non-core assets has not only strengthened its liquidity buffer, but also provided robust support for accelerating its focus on core industries, including health, tourism and culture, consumption, and insurance.In 2024, Fosun continuously pursued advancements in core businesses. In the health business, Fosun Pharma increased its stake in Fosun Kairos to 100%, further focusing on the research and development (“R&D”), manufacturing and commercialization of CAR-T cell therapy. In the tourism and culture business, the ULTRAMED Hainan project in Sanya was officially launched. FTG also signed an asset-light operation agreement for the Jinsha Bay project in Shenzhen, marking the launch of the first Club Med in the Greater Bay Area. In addition, the Taicang Alps Resort Phase II project is about to commence, it is developed by Taicang municipal government platform and managed by FTG. In March 2025, FTG successfully completed its privatization, providing the company with greater flexibility and efficiency in accelerating its asset-light transformation.According to the 2024 financial results, the four core subsidiaries, which contributed more than 70% of Fosun’s total revenue, delivered solid performance. Among which, Fosun Pharma achieved operating revenue of RMB41.07 billion and net profit attributable to shareholders of RMB2.77 billion, representing a year-on-year increase of 16.08%; Fosun Insurance Portugal’s total gross written premiums reached EUR6.17 billion and net profit reached EUR173.5 million; FTG achieved sustained profitability, with Club Med’s business turnover reaching a record high of RMB16.15 billion, while Atlantis Sanya’s business turnover remained at a high level; despite the impact of structural adjustments in the domestic consumption patterns, Yuyuan lowered its asset-liability ratio to 67.82% through active adjustment. The company also boasted ample cash on hand of RMB10.69 billion, positioning it for future growth.It is worth noting that after years of accumulation and cultivation, Fosun’s two domestic insurance companies have ushered in a period of rapid development. The total premium income of Pramerica Fosun Life Insurance surged from RMB4,346 million in 2023 to RMB9,251 million in 2024, while Fosun United Health Insurance also experienced steady growth in premium income, and both companies achieved profitability. In 2024, the profit attributable to owners of the parent of the insurance segment was RMB1.716 billion, representing a significant increase of 117% year-on-year.“We have integrated Fosun’s profound industry expertise, extensive investment experience, and high-quality commercial resources with the operations and investments of insurance companies, forming a three-dimensional “insurance + industry + investment” flywheel-driven strategy.” Guo Guangchang believes that the collaborative growth of Fosun’s domestic and international insurance companies and various industries has laid a strong foundation for Fosun’s flywheel-driven strategy.Unlocking value through core capabilities in “globalization + innovation”Thanks to its two core capabilities in globalization and innovation, Fosun has steadily developed its core businesses while pursuing strategic advancements and exits.In 2024, Fosun continued to deepen its business presence in more than 35 countries and region in the world, consolidating its global operational capabilities. Building on a high base from the previous year, its overseas revenue for 2024 grew 6.2% year-on-year to RMB94.78 billion, and the proportion of overseas revenue further rose to 49.3%.It is believed that amid the rising de-globalization trend, Fosun’s globalization capabilities are becoming increasingly scarce, and its high-quality global operations are emerging as a powerful engine for new round of growth.In 2024, Fosun’s innovative biopharmaceutical platform, Henlius, became a key player in the overseas expansion of Chinese innovative drugs. During the reporting period, Henlius’ overseas product sales revenue surged 30.76% compared to the previous year. HANSIZHUANG, the world’s first anti-PD-1 monoclonal antibody for the first-line treatment of small cell lung cancer, independently developed by the company, was approved for marketing in the European Union, extending its reach to more than 30 countries and regions; HANQUYOU was approved for marketing in the U.S. and Canada, embarking on a new journey of commercialization in North America; HANLIKANG, the first biosimilar approved in China, was approved for marketing in several countries in Latin America including Peru; HANBEITAI was approved for marketing in Bolivia. Henlius now has four self-developed and self-manufactured products approved for overseas marketing. Benefiting from the ongoing market expansion of key products, Henlius achieved operating revenue of approximately RMB5.72 billion and net profit of RMB820.5 million in 2024, representing a substantial increase of 50.3% year-on-year.Leveraging Fosun’s global ecosystem, Hainan Mining has accelerated its global resource strategy, successfully acquiring one overseas project each year for the past three years. During the reporting period, Hainan Mining completed the acquisition of oil interests in four oil blocks in the Sultanate of Oman and initiated the acquisition of two producing zirconium-titanium mines in Mozambique, planning to further increase its investment in Africa while entering the promising small metals and rare-earth industries. In addition, as at March 2025, the first phase construction of the project Bougouni lithium mine in Mali Africa had met the conditions for continuous and stable production. In 2024, Hainan Mining’s overseas subsidiaries achieved revenue of RMB1,968 million, accounting for 48% to the total revenue. Driven by the globalization strategy, the company reported a net profit attributable to shareholders of RMB706 million, representing a year-on-year increase of 12.97%, and a net profit excluding non-recurring gains and losses of RMB680 million, representing a significant increase of 23.72% year-on-year.Among overseas member companies, Fosun Insurance Portugal has continued to consolidate its leading position in the local market while fully leveraging Fosun’s “global organization + local operations” capabilities, achieving double-digit growth in international business. In 2024, its overseas revenue reached EUR1.84 billion and the proportion of international business rose to 29.8%.Following the successful overseas debut of Fosun’s iconic cultural IP, the Yuyuan Garden Lantern Festival, in Paris, France from late 2023 to early 2024, it has embarked on another overseas journey in 2025. In January 2025, the Yuyuan Garden Lantern Festival themed lantern installation made a stunning appearance in Hanoi, Vietnam, commemorating the 75th anniversary of the establishment of diplomatic relations between China and Vietnam. This year, it will also be featured in Thailand, continuing to showcase the charm of oriental culture globally.In Guo Guangchang’s view, innovation and globalization are complementary and are the most important pillars of Fosun. In 2024, Fosun’s investment in technology innovation reached approximately RMB6.9 billion. At present, it has established more than 20 global technology innovation centers covering various industries and fields, continuously fostering the launch of new technologies and products.In terms of R&D of innovative drugs, a total of 16 indications of 7 innovative drugs/ biosimilars independently developed and licensed-in by Fosun Pharma were approved for launch. In terms of medical devices and medical diagnosis, the Ion Robotic Bronchoscopy (“Ion System”) of Intuitive Fosun, and F-i6000 Automated Chemiluminescence Immunoassay Analyzer, F-C2000 Fully Automated High-Speed Chemiluminescence Analyzer, and Cytokine Detection Reagent (Chemiluminescence Method), which were independently developed by Fosun Pharma, were all approved for launch in Chinese mainland. During the reporting period, the pharmaceutical manufacturing segment of Fosun Pharma submitted 220 patent applications, including 3 American patent applications, 18 PCT applications, and Fosun Pharma has obtained 66 licensed invention patents authorization.Facing the burgeoning AI trend, Fosun has accelerated its development around its core businesses, deeply integrating AI technology into its diverse scenarios to drive innovation and enhance efficiency. For instance, Fosun Pharma launched the PharmAID decision intelligence platform, which supports accurate and efficient decision-making to accelerate and improve drug R&D; Sisram is exploring the use of AI for precise skin analysis and personalized skin care solutions; the ULTRAMED Hainan project in Sanya is set to create the world’s first AI-themed resort by utilizing AIGC technology for guest room customization and introducing the digital human G.O (Gentle Organizer) service to enhance tourist experience.“Looking ahead, we will further deepen our focus on core industries. By leveraging our globalization and innovation capabilities, we are confident in our ability to maintain steady development, creating long-term, stable value for our shareholders,” Guo Guangchang said. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Wuling Motors (00305.HK) Achieves a Surge of 115.6% in Net Profit Attributable to Shareholders for 2024

HONG KONG, Mar 26, 2025 - (ACN Newswire via SeaPRwire.com) - Wuling Motors (00305.HK), a leading manufacturer of automotive components and commercial vehicles assembly in China, announced its full-year results for 2024 on March 25. Driven by the increased proportion of sales from high-margin products in the automotive components and other industrial services division, Wuling Motors recorded a net profit of approximately 111 million yuan (RMB, same hereinafter) for 2024, representing a 60.2% year-on-year increase. The profit attributable to the owners of the company surged by 115.6% year-on-year to 50.62 million yuan.Core Business Growth Exceeds Expectations with Multiple Notable Breakthroughs in Incremental MarketsIn 2024, Wuling Motors achieved revenue of 7.95 billion yuan, with the automotive components and other industrial services division, the vehicles’ power supply systems division, and the commercial vehicles assembly division accounting for 69%, 22% and 9%, respectively.Specifically, the automotive components and other industrial services division recorded revenue of approximately 5.46 billion yuan. The increase in the proportion of high-margin product sales, coupled with higher government subsidies, led to an operating profit of approximately 154 million yuan, representing a 68.3% year-on-year surge.In 2024, Wuling Motors focused on deepening its existing business with its key customer - SAIC-GM-Wuling, while actively expanding externally. It successfully secured component supply transactions for multiple new vehicle models, serving as the exclusive supporting supplier for products such as electric seat switches and combination switches.Meanwhile, Wuling Motors pursued multiple breakthroughs in external markets, actively expanding its power battery product offerings and securing incremental market opportunities with OEMs such as Dongfeng Mengshi, FAW Jiefang, Chery Automobile, and Geely Automobile.A newly constructed and operational base in Jingmen, Hubei has seized the opportunity presented by Great Wall Motor’s production ramp-up to maintain rapid growth. In 2024, the base achieved revenue of approximately 729 million yuan, representing an exceeded 100% year-on-year increase; In terms of product development, the company completed the expansion of its second ultra-high-strength steel tube thermoforming production line within the year and successfully secured incremental customer orders from Great Wall Motor and BYD.Furthermore, Wuling Motors has successively undertaken the production of SAIC Maxus rear axles, BYD FinDreams Powertrain spiral bevel gears, and Dola Vehicle subframes, among other components, with the cumulative production and sales volume of new energy vehicle rear axles exceeding 1.5 million units. At the same time, Wuling Motors has actively capitalized on emerging opportunities in the new energy supporting market, successfully developing and optimizing products such as the new generation of new energy electric rear axles, integrated three-in-one motors and electric control systems, range extenders, power supply systems, and differential locks. Multiple new energy electric car axles have been successfully supplied for the electric drive axle and range extender projects of Great Wall Motor, JAC, and others. Notably, the first commercially deployed axial electric drive axle for the Changan Kaicene market has entered mass production.For the automobile power supply systems business, the division’s revenue for 2024 was approximately 1.74 billion yuan. Throughout the year, the power supply systems division maintained proactive communication with customers and enhanced its ability to manage planned orders, taking measures to reduce inventory and improve efficiency while ensuring customer demand was met. The casting business broke through adversity, continuing to expand its growth points, and successfully securing new market supply orders from the customer Changyuan Hero City, with the division’s total casting sales reaching 1.18 million units for the year, representing a 25% year-on-year increase.In addition, relying on the project platform management advantages, Wuling Motors’ power supply systems business focused on core projects such as the H15TD+DHT hybrid assembly architecture platform, the integrated three-in-one electric drive system, and high-pressure casting, to promote the construction of new energy projects with customers such as Skyworth, DFLZ, Zoomlion, and Senptec Electronics. It actively developed the new energy customer market with companies such as JAC, YC SIMLAN, Hebei Zhongxing, Geely Farizon, Chery Commercial Vehicles, Xpeng Motors, and Leapmotor. At the same time, it seized opportunities in overseas markets, with a focus on advancing projects such as the LJ481Q6 matching JAC M4 export (to Gulf countries), the overseas CLT flexible fuel hybrid project, and the Wuling Technology MSR project, to lay a solid foundation for overseas development.The commercial vehicles assembly business recorded a revenue of approximately 718 million yuan in 2024. Benefiting from the implementation of cost control measures, the operating profit reached approximately 75.92 million yuan. In line with the company’s strategy, the division continued to seek business breakthroughs in high-value-added niche markets.The development of the new energy vehicles business from the joint venture Wuling New Energy was favorable in 2024, achieving sales of over 14,000 units, a year-on-year increase of over 41%, and generating revenue of 1.02 billion, a year-on-year increase of 29.5%. Within the year, Wuling New Energy launched multiple products, and the Golden Mini Truck, which was launched in November, ranked third in the market for micro-small trucks with single rear wheels, positioning it among the top in the commercial vehicle market. Overseas, more than 800 units were exported to Japan and South Korea, representing a 58% year-on-year increase.Fully Supporting the Group’s Automobile Industry Ecosystem through New Growth Engines Created by Transformation and UpgradingWhile actively developing its core business, Wuling Motors is also undergoing continuous transformation and upgrading to expand into new businesses and foster new growth momentum. In 2024, Wuling Motors increased its investment in R&D to accelerate the development of its new energy business. The company also established an innovation center in Hong Kong and signed cooperation agreements with Hong Kong Polytechnic University, The Chinese University of Hong Kong, and the Hong Kong Applied Science and Technology Research Institute’s XR intelligent project to build an innovation ecosystem.2025 marks the inaugural year of the “LINXYS Project”, formulated by Guangxi Automobile Group Co., Ltd., the parent company of Wuling Motors, for the entire group. Guangxi Automobile Group plans to increase investment between 2025 and 2027 to fully promote the development blueprint centered around the “LINXYS Project” and the “131 Strategy”.The “131 Strategy” refers to 1 complete vehicle brand – the creation of the “Linxys” new energy vehicle brand; 3 national-level manufacturing champions: the national champion in small and medium displacement energy-efficient hybrid power systems, the national champion in lightweight drive axles, and the national champion in automotive frames; 1 automotive industry ecosystem: an automotive ecosystem led and operated by Guangxi Automobile Group.Mr. Yuan Zhijun, Chairman of Wuling Motors’ board of directors, stated, “The company will actively cooperate with Guangxi Automobile Group to accelerate the implementation of the ‘Linxys Project’ plan, speed up the conversion and application of scientific research results, improve the product portfolio, enhance product quality, actively expand domestic and overseas markets, and provide users with more valuable and environmentally friendly products. Under the leadership of the ‘Linxys Project’, the company is confident in achieving stable and positive operating results to allow shareholders to share in the development achievements.” Copyright 2025 ACN Newswire via SeaPRwire.com.
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CALB (3931.HK) Announces 2024 Annual Results ACN Newswire

CALB (3931.HK) Announces 2024 Annual Results

HONG KONG, Mar 28, 2025 - (ACN Newswire via SeaPRwire.com) - On March 26, CALB Group Co., Ltd. ("CALB" or "the Company," stock code: 3931.HK) announced its audited annual results for the year ended 31 December 2024 (the "Reporting Period").In 2024, with increasing economies of scale, the Company achieved solid growth in annual results. During the Reporting Period, the revenue of the Company increased from RMB27,005.89 million for the year ended 31 December 2023 to RMB27,751.53 million for the year ended 31 December 2024, representing an increase of 2.8%; the Company’s profit for the year increased from RMB437.16 million for the year ended 31 December 2023 to RMB843.63 million for the year ended 31 December 2024, representing an increase of 93.0%. The basic earnings per share of the Company increased from RMB0.1661 for the year ended 31 December 2023 to RMB0.3336 for the year ended 31 December 2024, representing an increase of 100.8%.As a leading international new energy company, the Company made comprehensive efforts in all market fields during the Reporting Period and achieved sustained rapid development. According to the latest statistics from SNE Research, the Company’s installed capacity of EV batteries in 2024 ranked fourth globally and third domestically. According to InfoLink, the Company’s energy storage cell shipments ranked fifth globally in 2024.In 2024, the Company deepened collaboration in domestic markets, achieving steady growth in installed capacity. During the Reporting Period, the Company’s solutions were integrated into 25 new vehicle models, cumulatively equipping over 2 million units nationwide, with an accumulated delivery volume exceeding 100GWh. In the field of pure electric vehicle, the Company successfully supported the upgrade, iteration, and mass production of flagship models for customers such as XPeng, Geely, Changan and GAC. Furthermore, the Company realized delivery in batches of new models for multiple joint venture brand, advancing the construction of a multi-dimensional market system; In the hybrid electronic field, the Company has accelerated collaboration on new hybrid projects with Geely and Leapmotor, while successfully supported the mass production of multiple hybrid models for customers such as Chery, Dongfeng, and BAIC, with the Company’s installed capacity continued to experience rapid growth, with a year-on-year increase of nearly 200%; In addition, in the international market, the Company accelerated its global layout and secured nominations from international brands such as Toyota, Honda, Volkswagen, and Audi, while continuously expanding its customer base in Europe and Southeast Asia. During the Reporting Period, the Company’s delivery volume steadily increased, with a growing variety of product types delivered. The Company’s overseas installed capacity grew by 105% year-on-year, hitting another record high. Furthermore, in the commercial vehicle market, the Company’s Annual New Vehicle increased by 150% year-on-year, while its domestic installed capacity grew by 85.2% compared to the same period last year, achieving comprehensive coverage of mainstream products and full-scenario empowerment. The Company has successfully penetrated leading customers such as Chery, Geely, Ruichi, Foton, Dongfeng, Changan, and King Long, providing comprehensive support and delivery for the industry’s mainstream models.In the energy storage market, the Company’s energy storage cell shipments surpassed 5GWh in a single month, and the business results in terms of shipments achieved a sustained substantial growth. The Company’s 314Ah battery cells products are the first in the industry to pass certification and the first to achieve large-scale and stable delivery in batches, earning high customer recognition for both product quality and delivery capabilities. During the Reporting Period, the Company achieved major breakthroughs in the international market, completed the admission process with a number of international top energy storage owners, EPCs, integrators and suppliers, enlisted in the whitelist of these customers, achieved the delivery in batches. As a supplier of high-performance energy storage cells, the Company secured and delivered the entire 7.8GWh order for the world’s largest energy storage project in 2024, and successfully launched its first self-invested power station project. At the same time, the Company's achievements in the ship market are equally significant. the Company secured the first electric vessel project from the world’s largest oil company. Additionally, the Company won its first international order for a megawatt-level marine battery system, achieving a breakthrough in the “offshore engineering vessel” sector. The Company’s electric vessels also gained traction with batch orders at Singapore’s port, while successfully penetrating the high-end yacht market in the United States.Steering rapid development by innovation, the Company adheres unwaveringly to the strategy of consolidating its leadership in products and technologies. Propelled by a future-oriented R&D layout, the Company pushes forward the constant advancement of battery technology from multiple dimensions such as innovations in materials, structures, manufacturing as well as systems, whereby the Company possesses a number of leading technologies and products worldwide, and builds on hard-core product capabilities in all scenarios, thus bringing the development of the industry to a new height. In 2024, the Company has successfully launched new product series: “Top-tier”, “UltraRange”, “UltraLife”, and “Boundless”. These products feature comprehensive innovations and advancements in high energy density, enhanced safety, extended lifespan, ultra-fast charging, and all-weather performance, providing comprehensive and valuable full-scenario product solutions to the market and its customers. Meanwhile, putting together its own technical capabilities and industrialization strength, the Company constantly pursued the high energy density and stable safety performance of EV batteries, launching more competitive new products of ternary series and phosphate series. The Company continued to maintain its product leadership by devoting its efforts in power energy storage (new energy power generation and power grid), industrial and commercial energy storage, household energy storage and other application scenarios.About CALBCALB is a new energy enterprise specializing in the research, production, sales, and market application development of lithium batteries, battery management systems, and related integrated products and lithium battery materials. As Battery Expert, we aim to build a comprehensive energy operation system, to provide complete product solutions and full life-cycle management for the new energy application market, represented by power and energy storage.Currently, CALB has completed an all-round layout in domestic by setting up industrial bases in Changzhou, Xiamen, Wuhan, Chengdu, Hefei, Jiangmen and Meishan. Meanwhile, CALB has set up bases in Europe and ASEAN, vigorously expanding the layout all over the world to become a global leading enterprise with large-scale intelligent manufacturing capabilities. Copyright 2025 ACN Newswire via SeaPRwire.com.
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ENTERPRISE DEVELOPMENT ANNUAL RESULTS FOR THE YEAR 2024

Financial Highlights- Revenue was RMB408,585,000, representing an increase of 574% year-on-year;- Gross profit was RMB46,014,000, representing an increase of 77% year-on-year;- Net profit was RMB73,561,000, representing an increase of 1,835% year-on-year;- Closing cash and cash equivalents was approximately RMB160,575,000.HONG KONG, Apr 1, 2025 - (ACN Newswire via SeaPRwire.com) - Enterprise Development Holdings Limited (“Enterprise Development Holdings” or the “Company”, stock code: 1808.HK) announced the consolidated financial results of the Company and its subsidiaries (collectively referred to as the “Group”) for the year ended December 31, 2024 (the “Reporting Period”).In 2024, driven by emerging sectors such as artificial intelligence, digital industry of China maintained stable overall operations, with further enhancements in innovation capabilities. The pace of enterprises going global accelerated, continuously accumulating new momentum and advantages. The Group actively seized industry development opportunities, led with innovation and made steady progress. The Group continued to steadily expand its existing business while fostering new-quality productive forces, with a focus on the digital economy sector. The Group’s business layout and development have begun to bear fruit through phased achievements.During the Reporting Period, benefiting from the continuous development of the Group’s existing business, the Group secured and completed new contracts which involved integrated IT solutions, edge computing, intelligent computing and other data services. The Group recorded the revenue of approximately RMB408,585,000, representing an increase of 574% year-on-year. Driven by the significant rise in revenue and the increase in net gains from the sale of financial assets and fair value adjustments, net profit was approximately RMB73,561,000, representing an increase of 1,835% year-on-year.BUSINESS REVIEWIn 2024, the Group adopted a business-oriented approach to accelerate the construction of the “three chains and one circle” model, continuously reinforcing an innovation-driven, open and win-win digital economy ecosystem. Meanwhile, the Group combined its technological and capital advantages in a dual-chain approach to empower various sections across the industrial ecosystem and create new engines for business growth through means such as industrial incubation and investments.In terms of capital operation, the Group has established an industrial investment fund. Through means such as industrial incubation and investments, it aims to gather more premium resources, build new engines for business growth, and further solidify its leading position in the digital economy sector. In terms of investment, in 2024, Beijing Orient Legend Maker Software Development Co., Ltd. invested 15% equity interests in Beijing Longteng Haida Technology Development Co., Ltd. to expand market penetration in PRC’s enterprise sector, leveraging its expertise in cloud-based platforms and AI-driven tools to enhance operational efficiency for their customers.During the year of 2024, the software business was benefited from the all-round improvement in management to significant growth of in the year. During the Reporting Period, the Group continued to develop its existing business, and entered into and completed new contracts which involved integrated IT solutions, edge computing, intelligent computing and other data services. The overall revenue from its software business reached RMB407,756,000, representing a year-on-year increase of 579%.OUTLOOKAmid the wave of digital transformation, digital technology is integrating into every corner of socio-economic development, becoming a crucial engine driving accelerated urban economic growth and fostering high-quality industrial advancement. In the future, the Group will capitalize on its longstanding customer resources and product and service advantages to strengthen its foundations and consolidate existing businesses. In addition, the Group will proactively position itself for the development of new-quality productive forces catalyzed by a combination of factors such as cutting-edge scientific and technological breakthroughs, innovative allocation of factors of production and industrial transformation and upgrading, particularly in the digital economy sector, promoting the integration of digital and real economy, and driving business innovation and upgrades.To actively embrace the opportunities of the digital transformation era, the Group will continue to optimize and consolidate its first-mover advantages in the fields of data elements, data asset operations, AI computing and edge computing in the future. The Group will fully unleash the agglomeration effect of the industrial chain, dedicating long-term efforts to industrial chain integration and industrial ecosystem development. Leveraging the technological potential of big data, big models and high-performance computing power, the Group is committed to establishing itself as a service provider that concentrates on the digital economy sector, with a focus on data elements, data asset operations, AI computing and edge computing, aiming to provide customers with integrated digital technology solutions and create value for our shareholders.About Enterprise Development Holdings LimitedEnterprise Development Holdings Limited (“Enterprise Development Holdings” or the “Group”, stock code: 1808.HK) is committed to establishing itself as a service provider that concentrates on the digital economy sector, with a focus on data elements, data asset operations, AI computing and edge computing, aiming to provide customers with integrated digital technology solutions.The Group will adopt a business-oriented approach to open up and establish a “three chains and one circle” model: focusing on the overall synergy of the innovation chain, industrial chain and financial chain. The Group will continue to optimize and consolidate its first-mover advantages in the fields of data elements, data asset operations, AI computing and edge computing. The Group will fully unleash the agglomeration effect of the industrial chain, dedicating long-term efforts to industrial chain integration and industrial ecosystem development. Leveraging the technological potential of big data, big models and high-performance computing, the Group will facilitate the integration of digital and real economy, continuously driving business innovation and upgrades. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Analogue FY2024 Revenue Rose to HK$6,450 Million, Adjusted Profit Attributable to Owners of the Company Increased to HK$206 Million ACN Newswire

Analogue FY2024 Revenue Rose to HK$6,450 Million, Adjusted Profit Attributable to Owners of the Company Increased to HK$206 Million

HONG KONG, Mar 28, 2025 - (ACN Newswire via SeaPRwire.com) - Analogue Holdings Limited (“Analogue” or the “Company”, together with its subsidiaries, the “Group”) (stock code: 1977), a leading provider of electrical and mechanical (“E&M”) engineering solutions, and information and communications technology services for smart cities, today announced its annual results for the year ended 31 December 2024 (the “Year” or “FY2024”).Financial Highlights- Contracts-in-hand remained at a high level of HK$11,052.7 million- Revenue rose to HK$6,450.1 million, up 5.2% year-on-year- Adjusted profit attributable to owners of the company recorded HK$206.0 million 1 with a growth of 10.2% 2 year-on-year, excluding a one-off expense and provision- Total dividend for the year amounted to HK4.38 cents per shareChairman Dr Mak Kin Wah said, “Capturing opportunities from shifting market priorities towards intelligent and digital solutions, data centres, environmental engineering and climate solutions, hospitals, infrastructure, and housing, we maintained a high level of contracts-in-hand across the Group’s diverse scope of business, providing a strong underlying foundation for the business over the next two years and beyond; this was notwithstanding the challenges around the world and in Hong Kong during the year.ATAL Tower, our new headquarters, is a significant investment that demonstrates our confidence in the future and our commitment to Hong Kong. We will continue to leverage our expertise and strong financial position to take up additional opportunities in the Hong Kong market, and explore further business development in overseas markets. Our investment in research and development, and innovation will enhance our core strengths and competitiveness. We will tirelessly live up to our motto of ‘We Commit. We Perform. We Deliver.’, ultimately driving our sustainable growth, optimising value for shareholders and other stakeholders, and contributing to the wider community.”Business Review: Building Services- This segment is the largest revenue contributor, with revenue up 5.3% to HK$3,933 million.- The recurring maintenance revenue increased by 40.2% to HK$422 million.- Leadership in the innovative construction technology of Multi-trade Integrated Mechanical, Electrical and Plumbing (“MiMEP”) received a major boost during the year, not only with the award of significant contract for a Grade A office building in Causeway Bay with the highest level of MiMEP application at 85% for a commercial building, but also with the development of our own systematic MiMEP methodologies and solutions.- The “MiMEP Design and Manufacturing Centre” and “MiMEP High Productivity Research Centre” in Zhuhai, as well as other MiMEP manufacturing facilities in Hong Kong, were established to integrate our capabilities in the Greater Bay Area with cutting-edge technology from Hong Kong.Environmental Engineering- The order intake significantly increased by 107.4% to HK$1,514 million, with contracts won for environmental infrastructure needed to enhance climate resilience, environmental protection, sustainability of water supply and waste treatment, and support for public housing and utilities.- The segment actively extended its expert services around the world, including Teresa in the Philippines, Dubai and other parts of the world.Information, Communications and Building Technologies (“ICBT”)- The order intake increased 22.5% to HK$757 million, with contracts-in-hand up 13.8% to HK$959 million.- The segment actively collaborated with leading manufacturers worldwide and in Mainland China to expand its technology reach and deliver cutting-edge solutions in diverse sectors.Lifts and Escalators- There was a significant growth in order intake and revenue, up 48.5% to HK$548 million and up 39.9% to HK$529 million respectively.- The two recently acquired lift companies in the United Kingdom (“UK”) contributed to revenue growth and made progress in the UK business.- The associate in the United States turned from a loss to a profit in FY2024 and made progress in expanding its business into additional cities in the South.For further details of the 2024 Annual Results, please refer to the announcement filed with The Stock Exchange of Hong Kong Limited.Remark:1. Profit attributable to the owners of the Company was HK$135.3 million, including a one-off expense of approximately HK$23.1 million before tax for relocation to the new consolidated headquarters to realise enhanced efficiency and synergy across business units, and a provision for expected credit loss of HK$88.0 million before tax to reflect risks with the recoverability of certain receivables and contract assets held by the Group in relation to certain construction companies.2. When compared with the adjusted profit attributable to owners of the company of HK$186.9 million in FY2023, which excludes a one-off dilution gain before tax upon completion of a private placement by an associate in Mainland China, a gain on disposal of interest before tax in an associate, and a provision before tax in respect of certain contracts in the healthcare sector.About Analogue Holdings LimitedEstablished in 1977, Analogue Holdings Limited is a leading provider of electrical and mechanical (“E&M”) engineering solutions and information and communications technology (“ICT”) services for smart cities, with headquarters in Hong Kong and operations in Macau, Mainland China, the United States and the United Kingdom. Serving a wide spectrum of customers from public and private sectors, the Group provides multi-disciplinary and comprehensive E&M engineering and technology services in four major segments, including Building Services, Environmental Engineering, Information, Communications and Building Technologies (“ICBT”) and Lifts & Escalators.The Group also manufactures and sells Anlev lifts and escalators internationally and has entered into an alliance with Transel Elevator & Electric Inc. (“TEI”), one of the largest independent lifts and escalators companies in New York, the United States. The Group’s associate partner, Nanjing Canatal Data-Centre Environmental Tech Co., Ltd (603912.SS), specialises in manufacturing of precision air conditioners. Copyright 2025 ACN Newswire via SeaPRwire.com.
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CISO Indonesia 2025: Elevating Cybersecurity Strategies for a Resilient Digital Future ACN Newswire

CISO Indonesia 2025: Elevating Cybersecurity Strategies for a Resilient Digital Future

JAKARTA, Apr 1, 2025 - (ACN Newswire via SeaPRwire.com) - Corinium Global Intelligence is excited to announce the return of CISO Indonesia 2025, the premier cybersecurity leadership conference, taking place on 28 May 2025 at the Pullman Thamrin CBD Jakarta. This highly anticipated event will serve as a dynamic platform for senior cybersecurity professionals to explore cutting-edge strategies, discuss pressing security challenges, and foster collaboration in an era of rapid digital transformation.With an agenda designed to address the evolving cyber threat landscape, CISO Indonesia 2025 will feature expert insights on:AI in cyber security – Navigating the double-edged sword of AI in cyber security – understanding the profound influence of AI on the offensive and defensive sides of cyber security.Government framework – Aligning cyber security strategies with government regulations and initiatives to effectively safeguard critical digital assets against emerging threats.Resilience for a digital future – Tackling the cyber security challenges related to emerging technologies, IoT, cloud security, and digital transformation in an increasingly connected world.Cyber security leadership – Addressing the talent shortage in cyber security by exploring initiatives to close the talent gap, including how AI can assist in this critical endeavor.Attendees will gain exclusive access to thought-provoking discussions led by over 20 distinguished speakers, representing some of the most influential voices in cybersecurity. The event will offer valuable networking opportunities, hands-on learning sessions, and actionable takeaways to help organisations stay ahead of emerging threats."As cyber threats continue to evolve, staying ahead requires more than just technology—it demands collaboration, knowledge-sharing, and strategic foresight. CISO Indonesia 2025 provides the ideal environment for security leaders to gain insights and forge connections that will help shape the future of cybersecurity,” said Eleen Meleng, Conference Director at Corinium Global Intelligence.This exclusive event is tailored for senior cybersecurity professionals, including CISOs, CIOs, CTOs, IT Directors, and Heads of Information Security from various industries. Those specialising in risk management, compliance, incident response, cloud security, and governance will find unparalleled value in attending.Registrations are now open! Secure your spot today and enjoy 20% off with the special discount code APAC20. Register now at: https://hubs.ly/Q03f2H8n0 . For additional event details, visit: ciso-id.coriniumintelligence.com.About Corinium IntelligenceCorinium Global Intelligence is a global leader in providing conferences, events, and content to the information and technology industries. With a focus on fostering collaboration and innovation, Corinium Global Intelligence brings together industry leaders to share insights, best practices, and strategies for success.For more information, please contactMoira Ungerleider, Marketing Manager at moira.ungerleider@coriniumgroup.com. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Everbright Grand China Assets Recorded Revenue of RMB 45.9 Million in 2024 JCN Newswire

Everbright Grand China Assets Recorded Revenue of RMB 45.9 Million in 2024

HONG KONG, Mar 28, 2025 - (ACN Newswire via SeaPRwire.com) - Everbright Grand China Assets Limited, a property leasing, property management and sales of properties held for sale company under China Everbright Group ("Everbright Grand China Assets" or the "Group", Hong Kong Stock Exchange stock code: 3699) today announced the annual results for the year ended 31 December 2024 (the "Year under Review").During the Year under Review, the Group's revenue was approximately RMB45.9 million (2023: approximately RMB46.8 million), representing a decrease of approximately 1.9% as compared to last year, mainly due to the decline in rental income. The profit attributable to equity shareholders of the Company amounted to approximately RMB25.3 million (2023: approximately RMB19.3 million), representing an increase of approximately 31.1% as compared to last year. The increase in profit was mainly due to foreign exchange (primarily including bank deposits denominated in currencies other than RMB) gains during the year. The basic earnings per share was approximately RMB0.06 (2023: RMB0.04). The Board has proposed to pay a final dividend of RMB1.05 cents per share (equivalent to HK1.14 cents) (2023:RMB0.60 cents) for the year ended 31 December 2024 and a special dividend of RMB0.34 cents per share (equivalent to HK0.37 cents) (2023: Nil). Together with the interim dividend of RMB0.78 cents per share, the full year dividend amounts to RMB2.17 cents per share (2023: RMB1.66 cents per share).As at 31 December 2024, the Group had current assets of approximately RMB239.9 million (2023: approximately RMB231.4 million). The increase in current assets was mainly due to the rise in cash and bank balances during the year. The Group had current liabilities of RMB19.9 million (2023: approximately RMB25.8 million). The decrease in current liabilities was mainly due to the reduction in rental income received in advance during the year.Property LeasingThe rental income from the Group?s property leasing business was approximately RMB30.5 million for the year ended 31 December 2024 (2023: RMB33.2 million). Due to the decline in the average rent per square meter (?sq.m.?) and the provision of rental subsidies to tenants, the total rental income decreased. The Group?s leasing properties are located in Chengdu, Sichuan Province and Kunming, Yunnan Province in the PRC. As at 31 December 2024, the Group?s property portfolio comprises three commercial buildings, namely Everbright Financial Center, part of Everbright International Mansion and Ming Chang Building, with a total gross floor area (?GFA?) of approximately 89,507 square meters.Property Management ServiceThe Group provides property management services for its properties, namely Everbright Financial Center and Everbright International Mansion. Revenue from the Group?s property management services was approximately RMB15.4 million for the year ended 31 December 2024 (2023: RMB13.5 million). During the year, the increase in revenue from property management services was due to the increase in restaurant income. As at 31 December 2024, the total GFA under the Group?s management was 72,534 sq.m.Investment PropertiesThe Group's investment properties primarily consist of land and/or buildings which are owned or held under a leasehold interest to earn rental income and/or for capital appreciation. As at 31 December 2024, the fair value of the investment properties was RMB967.1 million (2023: RMB959.5 million), representing an increase of approximately 0.8%. For the year ended 31 December 2024, the valuation gain on investment properties amounted to approximately RMB6.6 million (2023: approximately RMB5.3 million).PROSPECTSLooking back at 2024, the global economy is on its way to resuming normalcy after experiencing two consecutive years of slowdown. However, the growth rate remains relatively weak, and the growth momentum is cooling down. Nevertheless, in the first half of 2024, the Chinese economy started off on a positive note. Despite the weakened growth momentum, the relatively steady Chinese economy has been supported by a continuous improvement in economic conditions.With the slowdown in real estate market investment, the area of new housing starts, the area of housing completions and the sales area of newly built commodity houses have continued to slow down, thereby affecting the growth rate of the property management industry. The development strategy of property management enterprises has undergone significant changes, with future growth in management scale no longer being the core focus, and the emphasis gradually shifting towards service quality and value-added business.The Group's commercial properties have been relatively less affected by the fluctuations in the real estate market over the past year, with tenants and lease agreements, as well as rental rates, maintaining a relatively stable trend, enabling the Group to sustain a relatively stable performance in the market.Looking ahead, in the face of the current operating environment, the Group will continue to rise to the challenge, fully leveraging the synergy with its parent company, China Everbright Group, and capitalizing on the recognition of the "Everbright" brand to develop diversified value-added services. On the one hand, the Group will strive to increase revenue sources; on the other hand, it will actively enhance brand influence, seize opportunities during the industry adjustment period, further strengthen its capabilities, consolidate competitiveness and risk resistance, and aim to become a robust enterprise with long-term sustainable development. Despite the numerous challenges faced by the real estate and property management industry in 2024, the Group remains confident about the future due to policy support and the gradual recovery of the market. The Group will actively explore new development opportunities on the basis of stable operations to create greater value for the Company's shareholders. Copyright 2025 JCN Newswire via SeaPRwire.com.
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MHIEC Receives Order for Full Refurbishment of Waste Incineration Plant in Itoman City, Okinawa Prefecture JCN Newswire

MHIEC Receives Order for Full Refurbishment of Waste Incineration Plant in Itoman City, Okinawa Prefecture

Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd (MHIEC), a part of Mitsubishi Heavy Industries (MHI) Group, has received an order from the Nanbu Wide-area Administration in Okinawa Prefecture for a full refurbishment of its Itotoyo Environmental Improvement Center (Tsukazato, Itoman City). The order calls for renovation of the facility's stoker type incinerator, capable of processing 200 tonnes per day (tpd) (Note1), to extend the plant's service life, enhance its energy efficiency, and reduce CO2 emissions. The contract is valued at 1.506 billion yen (tax excluded), with completion scheduled for March 2026.The Itotoyo Environmental Improvement Center was originally designed and constructed by MHI. On completion in March 1998, the facility incorporated two stoker type incinerators, each providing a processing capacity of 100 tpd, plus related equipment.The purpose of this project is to upgrade the main equipment of the aging water supply equipment, electrical instruments, and exhaust gas treatment equipment and enhance energy efficiency through the adoption of high-efficiency motors and transformers. A new steam turbine with a generating capacity of 295kW will be installed and effective use will be made of excess steam from the boiler to reduce electricity purchasing. The project aims to reduce annual CO2 emissions by 3% or more from the previous year. The durability of the exhaust gas treatment facilities will be improved and chemical usage will be reduced through the adoption of a proprietary Hybrid Bag Filter® (HBF) made of Polytetrafluoroethylene (PTFE) from MHIEC(Note2), which utilizes filter cloth used in dust collection filters, achieving world-leading removal of dioxins. This will also contribute to reduction of life-cycle costs (LCC).In recent years, there has been an increase in refurbishment work to extend the service life of waste-to-energy facilities and address climate change. To facilitate further work of this nature, the Ministry of the Environment has established subsidies for waste-to-energy facilities(Note3) for purposes such as assisting waste-to-energy facilities in the adoption of advanced equipment.MHIEC succeeded MHI's environmental protection business in 2008, taking over its accumulated technological development capabilities in environmental protection systems and abundant expertise in the construction, operation, and maintenance of waste management facilities both in Japan and overseas. Based on this robust track record, the company is well positioned to propose comprehensive solutions encompassing all aspects from plant construction to operation and maintenance. Based on this project and its past record, MHIEC will continue to seek order expansion through proactive offering of proposals for enhancing the efficiency of existing facilities, maintaining and improving the stability of operations, and lowering LCC.1A stoker furnace is the main type of waste-to-energy plant. Air is supplied from below a fire grate made of heat-resistant castings to propel the materials to be burned (waste, etc.).2Bag filter fibers are coated with a catalytic agent to maintain their standard function of removing toxic materials while improving their functionality through the additional ability to break down dioxin gases and NOx (nitrogen oxides).3Municipal governments seeking to extend the service life of their waste-to-energy facilities and implement climate change countermeasures are eligible for subsidies on projects that will reduce CO2 emissions (promoting the introduction of leading-edge facilities), or grants for establishing a sound material-cycle society, equivalent to one-half or one-third of project costs.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2025 JCN Newswire via SeaPRwire.com.
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MHI Concludes “Mizuho Eco Finance” Commitment Line Agreement JCN Newswire

MHI Concludes “Mizuho Eco Finance” Commitment Line Agreement

TOKYO, Apr 1, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has concluded a Mizuho Eco Finance(1) commitment line agreement(2) with Mizuho Bank, Ltd. (Mizuho Bank).Mizuho Eco Finance is a program from Mizuho Bank that uses an environmental assessment model developed by Mizuho Research & Technologies Co., Ltd., which incorporates globally trusted environmental certifications and evaluations to score the initiatives and indices of customers, and provide financing to those customers who meet a certain score or higher.For this agreement, MHI Group was assessed as meeting a high standard for the indicators used in the evaluation model, including its endorsement of the Task Force on Climate-related Financial Disclosures (TCFD)(3) in March 2019, the MISSION NET ZERO declaration aimed at achieving carbon neutrality by 2040, and appropriate disclosure of greenhouse gas emissions throughout the supply chain.The MHI Group aims to contribute to the sustainable enhancement of corporate value and the realization of a sustainable society by leveraging the Group's comprehensive capabilities and strengths to enrich people's lives.(1) Mizuho Eco Finance www.mizuhogroup.com/sustainability/environment/business/financing(2) Commitment line agreementA contract in which the lender promises to execute a loan at the borrower's request within the conditions of the contracted term and credit line.(3) TCFD Disclosure www.mhi.com/sustainability/environment/climate_tcfd.htmlAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2025 JCN Newswire via SeaPRwire.com.
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SeaPRwire Launches AI-Powered Multilingual News Translation Tool SeaPRwire

SeaPRwire Launches AI-Powered Multilingual News Translation Tool

Hong Kong – April 01, 2025 – SeaPRwire, a leading Public Relations Communication Platform in Asia, has announced the introduction of an AI-supported multilingual news translation tool. This innovative tool, developed in collaboration with Asia Presswire (https://www.asiapresswire.com), aims to expand the reach of press releases by enabling instant translation into multiple languages, allowing companies to effectively connect with a broader global audience. The new multilingual news translation tool leverages advanced machine translation technology to quickly and accurately translate news content into a variety of languages. This feature ensures that press releases can be easily distributed across different linguistic regions, enhancing global communication efforts and improving brand visibility. “With the growing demand for effective communication across borders, our new AI-powered translation tool allows our clients to seamlessly reach audiences in multiple languages,” said Grace Martin, Media Director at SeaPRwire. “This solution is designed to simplify the process of multilingual press release distribution, ensuring that companies can communicate their messages clearly and efficiently to a wider, international audience.” The integration of this translation tool is expected to significantly benefit businesses looking to expand their presence beyond regional markets. By providing fast and accurate translations, SeaPRwire’s new tool eliminates the barriers that often hinder global communications, such as language differences and delays in manual translation processes. With the increasing globalization of media and the rapid pace at which information spreads, having a multilingual press release distribution capability has become crucial for companies aiming to maintain a strong, consistent global presence. The new tool allows press releases to be translated into multiple languages, including but not limited to English, Chinese, French, Spanish, and German, ensuring that brands can effectively target media outlets and audiences worldwide. SeaPRwire’s multilingual news translation tool also supports real-time updates, ensuring that the latest news content is translated and distributed as soon as it is released. This feature further enhances the platform’s ability to provide up-to-date information to a diverse range of media outlets and audiences. The collaboration with Asia Presswire strengthens SeaPRwire’s service offering, bringing cutting-edge AI and machine translation technology to the forefront of global communications. This partnership solidifies SeaPRwire’s position as a leader in earned media communications management across the Asia-Pacific region and beyond. “As we continue to innovate and refine our services, we are committed to providing our clients with the most advanced tools available for managing their communications efforts,” Martin added. “This new translation tool is just one example of how we are using technology to help our clients amplify their message and reach audiences worldwide with ease.” SeaPRwire’s new multilingual news translation tool is now available to clients across Asia, providing them with an enhanced ability to reach diverse audiences in various regions and languages. This AI-powered solution is poised to become a game-changer in the global press release distribution landscape, enabling businesses to strengthen their international communications and expand their global footprint. About Asia Presswire Asia Presswire is a press release distribution service that provides tailored solutions for public relations firms, agencies, organizations, and corporations worldwide. They specialize in delivering customized press release distribution, including direct-to-editor email delivery to targeted media editors at newspapers, magazines, and broadcast outlets. Their extensive network spans 172 countries, connecting with over 230,000 media outlets and 3.6 million self-media platforms. Supporting over 46 languages, including English, Chinese, French, German, and Japanese, Asia Presswire ensures effective communication across diverse linguistic regions. Their services are designed to enhance brands’ online visibility and reputation, enabling effective connection with target audiences. About SeaPRwire SeaPRwire is a leading earned media communications management platform in Asia, designed to empower PR and communications professionals. Its Branding-Insight Program streamlines communication management by connecting clients with a network of over 80,000 journalists, editors, magazines, and online media outlets, along with 300 million followers of key opinion leaders (KOLs). Leveraging AI-driven technology, SeaPRwire enables users to identify relevant media and KOLs, personalize pitches, and measure the impact of their communications efforts. Operating across regions including Japan, China, Korea, Hong Kong, Singapore, Vietnam, Thailand, Malaysia, Indonesia, and the Philippines, SeaPRwire enhances brand awareness and educates audiences effectively. Media Contact Brand: SeaPRwire Contact: Media team Email: cs@seaprwire.com Website: https://seaprwire.com
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Huatai Securities Announces Dividend of RMB 3.7 per 10 Shares Following Record 2024 Performance ACN Newswire

Huatai Securities Announces Dividend of RMB 3.7 per 10 Shares Following Record 2024 Performance

HONG KONG, Mar 31, 2025 - Huatai Securities Co., Ltd. (the "Company"; stock codes: 601688.SH, 6886.HK, HTSC.L), a leading technology-driven comprehensive securities company in China, released its consolidated financial results for the year ended December 31, 2024, reporting record revenue and profit, alongside substantial progress in its internationalization strategy.Annual Highlights:- In 2024, the Company continued to execute on strategic priorities, contributing to net revenues of RMB 54.29 billion, net earnings of RMB 15.35 billion, and diluted EPS of RMB 1.62, achieving the highest results for each.- The Company announced a final payout of RMB 5.2 per 10 shares (including tax), reinforcing its commitment to shareholder value.- The investment banking business led the Mainland market, ranking first in STAR Market and ChiNext IPOs, and first in M&A activities.- The Company expanded its presence in Singapore, Japan, Vietnam, leveraging operations across Mainland China, Hong Kong, the US, the UK, and Singapore.- The Company drove growth across its comprehensive financial services, including investment banking, wealth management, and institutional services, through technology-driven initiatives.The Company made significant progress in the following areas: Investment Banking ExcellenceThe preeminent global investment banking business leveraged industry insights and deep expertise to help clients seize new opportunities, unlocking growth and driving transformation. Ranked first in IPO underwriting on the STAR Market and ChiNext, Huatai Securities achieved a total IPO underwriting volume of RMB 8.5 billion, ranking second in the A-share market. The Company maintained a leading position in M&A advisory, particularly in restructuring project reviews. Additionally, it secured second place in equity underwriting with RMB 54.9 billion and achieved third place in bond underwriting, with a total volume of RMB 1,296 billion. In 2024, the Company ranked third in the total number of Hong Kong IPOs across the market and third among Chinese securities firms in terms of funds raised.Huatai Securities solidified its leading position in China's capital markets by supporting innovation-driven enterprises. Since 2012, the Company has been a critical catalyst for technological innovation, backing over 270 technology companies with a collectively market capitalization of RMB 9.47 trillion. In 2024, this commitment continued with support for over 10 "Little Giants" and specialized medium-sized enterprises endorsed by China's Ministry of Industry and Information Technology.Global Reach AcceleratesHuatai Securities expanded its international footprint in 2024, demonstrating resilience in navigating volatile overseas markets. Huatai Financial Holdings (Hong Kong) became a lead underwriter in Tokyo's PRO-BOND market, while Huatai Securities (USA) gained Nasdaq underwriting membership. Additionally, a subsidiary of Huatai International, operating as a Chinese securities firm, successfully obtained a securities trading license in Vietnam.The Company's Global Trading Platform (GTP) now connects Hong Kong, the U.S., the U.K., and Singapore 24/7, enhancing cross-border capabilities. Research output surged, with 587 overseas reports (up 96% year-on-year) covering U.S., European, Japanese, and Southeast Asian markets, and stock coverage increased by 65%.Advancing Through TechnologyTo meet the evolving demands of institutional clients, Huatai Securities continued upgrading core trading infrastructure such as FICC HEAD platform and CAMS (Credit Analysis Management System). The tech-powered transformation enabled the Company to lead in market-making in the STAR Market with 126 stocks and fund liquidity services with 589 funds, while dual-counter RMB-HKD trading achieved full coverage and increased market share. The Company was awarded "2024 Top Market Maker – RMB Counter" by HKEX.On the retail front, "ZhangLe Fortune Path" app, the Company's mobile wealth management platform, is deepening AI integration to enhance client services, delivering sophisticated ETF tools for product selection and trading strategies, thereby boosting client and asset growth. Huatai Securities' fund distribution ranked second among securities firms, with AUM of equity fund reaching RMB 120.2 billion. The Huatai-PineBridge CSI 300 ETF approached RMB 360 billion, leading non-money-market ETFs in Shanghai and Shenzhen.Sustainability and GovernanceHuatai Securities' MSCI ESG rating rose to AAA in 2024, the highest among global investment banks, up from AA, marking two years of steady progress. Through its Huatai Foundation, rated 5A in Jiangsu's social organization assessment, the Company advanced rural revitalization, education, and eco-initiatives such as "One Yangtze River", promoting Other Effective Area-Based Conservation Measures (OECM) in China, which were presented at COP16.Looking AheadHuatai Securities will continue its strategic focus on leveraging technology to enhance its wealth management and institutional services. By integrating resources across the business chain, the Company will further deepen its internationalization strategy, aiming to become one of the leading global investment banks providing top-tier professional financial services.About Huatai SecuritiesIncorporated in April 1991, Huatai Securities is a leading technology-driven securities group in China, with a highly collaborative business model, a cutting-edge digital platform and an extensive and engaging customer base. It provides comprehensive financial services to individual and institutional clients, including wealth management, investment banking, sales and trading, investment management, among others, with a substantial international presence.For enquiries, please contact:CDRBenny Liu Linda PuiTel: +86 10 6567 5056 Tel: +852 3103 0118Email: HTSC@cdrconsultancy.com Copyright 2025 ACN Newswire via SeaPRwire.com.
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