Kingsoft Announces the Results for the First Half and the Second Quarter of 2024

FINANCIAL HIGHLIGHTSRMB’000(Unaudited)For the 6 MonthsEnded June 30For the 3 MonthsEnded June 30 2024202320242023Revenue4,610,6414,163,7972,473,7662,193,490- Office Software and Services2,413,0792,172,4971,187,7301,120,845- Online Games and Others2,197,5621,991,3001,286,0361,072,645Gross Profit3,782,6883,457,2392,042,0351,831,846Operating Profit1,395,6151,136,015794,037675,713Profit Attributable to Owners ofthe Parent677,923249,530393,35357,187Basic Earnings per Share (RMB)0.510.180.290.04HONG KONG, Aug 20, 2024 - (ACN Newswire via SeaPRwire.com) - Kingsoft Corporation Limited (“Kingsoft” or the “Company”, Stock Code: 03888.HK), a leading software and internet services company in China, announces its unaudited results for the three and six months ended June 30, 2024.In the first half of 2024, Kingsoft’s total revenue reached RMB 4,611 million, representing a year-on-year increase of 11%. Revenue from office software and services business was RMB 2,413 million, while revenue from online games and other business was RMB 2,198 million, accounting for 52% and 48% of total revenue, respectively. Gross profit for the first half of 2024 was RMB 3,783 million, a 9% increase compared to the same period last year.In the second quarter of 2024, Kingsoft’s total revenue reached RMB 2,474 million, representing a year-on-year increase of 13%. Revenue from office software and services business was RMB 1,188 million, while revenue from online games and others business was RMB 1,286 million, accounting for 48% and 52% of total revenue, respectively. Gross profit was RMB 2,042 million, representing a year-on-year increase of 11%.Mr. Jun LEI, Chairman of Kingsoft, stated: “In the second quarter of 2024, we steadfastly implemented our established strategy, and significant progress has been made in our core businesses. Kingsoft Office Group maintained steady operations and adhered to the strategy of 'Multi-Screen, Cloud, Content, Collaboration, AI'. We actively embraced the opportunities presented by large language models, and continuously invested in collaboration and AI R&D to enhance product competitiveness and promote the practical application of new productive forces in the smart office sector. In the online games business, we focused on a quality-centered strategy, delving deeply into classic JX series while actively expanding into new game genres.”Mr. Tao ZOU, the chief executive officer (“CEO”) of Kingsoft, said, “In the second quarter of 2024, we achieved solid growth in revenue and operating profit. Total revenue for the second quarter was RMB2,474 million, representing a year-on-year increase of 13% and a quarter-on-quarter increase of 16%. Revenue from online games and others business was RMB1,286 million, representing a year-on-year increase of 20% and a significant quarter-on-quarter increase of 41%, while revenue from office software business was RMB1,188 million, representing a year-on-year increase of 6%. The operating profit was RMB794 million, representing a year-on-year increase of 18% and a significant quarter-on-quarter increase of 32%.”Office software and services: Official released of WPS AI 2.0, further enhancing the intelligent office experienceIn the first half of 2024, the revenue of Kingsoft Office Group reached RMB2,413 million, representing a year-on-year increase of 11%. In the second quarter, its revenue reached RMB1,188 billion, representing a year-on-year increase of 6%.Kingsoft Office Group upgraded its AI strategy and released WPS AI 2.0. Focusing on individual users, it has launched four AI assistants in writing, reading, data and design. For enterprise users, we released WPS AI Enterprise Edition, which includes AI Hub, AI Docs, and Copilot Pro. For government users, we released Kingsoft Government Office Model , and WPS AI Government Edition.In the second quarter, the individual office subscription business experienced steady growth. We enhanced the cloud-integrated experience of its products, increasing user reliance on WPS cloud services, which in turn boosted user activity on the cloud. Simultaneously, we continually improved users' awareness and utilization of AI features. In the enterprise office sector, WPS 365 continued to drive business transformation, advancing cloud integration and collaborative work processes for government and corporate clients. We also focused deeply on the value scenarios of key government and enterprise customers, incubating secure and efficient industry-wide solutions. In the field of localization industry, we addressed the actual replacement needs of critical industries, achieving localized migration, adaptation, and application reconstruction of office systems. Meanwhile, the overseas business maintained healthy growth, with the upgraded release of WPS AI's international edition and its membership system.Online Games business: Core IP continues to break through, injecting new vitality into developmentIn the first half of 2024, revenue from the online games and others business grew steadily to RMB2,198 million, a 10% increase year-on-year. Revenue for the second quarter was RMB1,286 million, a 20% increase year-on-year and a significant increase of 41% quarter-on-quarter.Our core games have achieved a milestone breakthrough. The mobile version of JX3 Ultimate was successfully launched in June, with full platform data inheritance and interconnectivity with the flagship PC game JX3 Online. The daily active user count across all platforms reached a record high. Many dormant players returned, while new players kept joining, enhancing the baseline for the long-term operation of the IP and injecting new vitality into it. We will hold the 15th-anniversary celebration of JX3 Online in August and launch a new expansion pack in October to further enhance its long-term vitality. The sci-fi mech game, Mecha BREAK, has completed its first domestic public beta test in August.Mr. Jun LEI concluded, “Looking forward to the second half of the year, Kingsoft Office Group will remain dedicated to focusing on AI and collaboration, continue to invest in R&D, and improve the products related to WPS 365 and WPS AI systems. We will also promote their applications in office scenarios across various industries to provide more efficient and intelligent office solutions. Online games business will keep focusing on users, deepen expanded genres and seek new breakthroughs. We will adhere to the technology-driven business, continuously innovate and deliver products and content, and create prime experiences to generate value for our users and shareholders.”About Kingsoft Corporation LimitedKingsoft (3888.HK) is a leading Chinese software and internet service company listed on the Hong Kong Stock Exchange. It has three main subsidiaries: Kingsoft Office, Seasun Holdings and Kingsoft Shiyou. With the implementation of the “transformation toward mobile internet” strategy, Kingsoft has completed a comprehensive transformation in its overall business and management model. The Company has established a strategic layout with office software and interactive entertainment as its pillars, and cloud services and artificial intelligence as its new starting points. Kingsoft has more than 7,000 employees worldwide and holds a significant market share domestically. For more details, please refer to http://www.kingsoft.com.Kingsoft Investor Relations:Li YinanTel: (86) 10 6292 7777Email: ir@kingsoft.comFor inquiries, please contact Hill+Knowlton Strategies:Li YanjiaoTel: (86) 6150 8598Email: po@wsfg.comLai JunshenTel: (852) 9798 0715Email: po@wsfg.com Copyright 2024 ACN Newswire via SeaPRwire.com.

花园道三号荣获WiredScore楼宇通讯「铂金级」认证

香港, 2024年8月20日 - (亚太商讯 via SeaPRwire.com) – 冠君产业信托(「冠君产业信托」或「信托」;股份代号:2778)旗下世界级地标性物业花园道三号获得WiredScore 楼宇通讯v3.1最高级别「铂金级」认证,这项认证肯定物业专注于通过提供顶级数码基础设施和智能建筑解决方案,藉以提升整体租户体验的坚定承诺。这项殊荣连同2024年初获得的能源与环境设计先锋(LEED)「v4.1 运营与维护:既有建筑」铂金评级、2020年全港首获的WELL健康建筑标准铂金评级及2022年的「绿建环评」铂金评级,花园道三号正式成为香港首幢获得「四铂金」既有建筑认证的甲级写字楼。花园道三号以最先进的数码连接系统满足租户需求,包括优质的互联网服务和无线网络、电讯和电力基础设施:- 无缝流动和互联网体验:多家营运商提供可靠、优质的流动通讯服务,公共区域提供免费无线网络服务以支援健康和社区活动,5G流动网络亦已覆盖公共区域和停车场- 轻松设置:与多家高速网络供应商合作,为租户提供完善的互联网设置,全面满足其需求,享受畅通无阻的数码体验- 富前瞻性的基础设施:物业内备用容量充足,包括立管、接入点和电讯机房,支援新兴技术的应用外,亦为租户提供灵活性及适应性- 具抗御力的系统:稳健的基础设施,包括多个接入点、多元化且安全的立管及电讯机房,有效减缓潜在干扰- 智慧科技系统:结合物联网 (IoT) 感应器及智慧科技系统,以提升租户体验并优化资源管理冠君产业信托行政总裁侯迅女士表示:「花园道三号荣获WiredScore 楼宇通讯铂金级认证,充分肯定我们对智能化及尖端科技的追求。物业落成后,凭借其创新及高标准的建筑设计,成为香港首幢获香港建筑师学会认可的智能建筑物。信托一直追求卓越,致力让科技融入营运管理及推进可持续发展,备受主要金融机构及跨国企业租户的高度赞誉。」WiredScore亚太业务总监Thomasin Crowley表示:「花园道三号获得WiredScore 楼宇通讯铂金级认证是一项卓越的成就,凸显了冠君产业信托致力为楼宇提供先进数码基础设施的坚定承诺。这一认可不但展示了其为旗下物业资产引入创新且具前瞻性的策略,同时致力确保使用者可享用到顶级、可靠和面向未来的数码设施,在现今瞬息万变的环境中脱颖而出。」今年七月,信托首度举办了「ESG周」,汇聚逾 20 家合作伙伴及参与机构,举行了一系列具影响力的多元化活动。迄今为止,信托旗下所有的香港物业均已获得绿色建筑最高铂金级认证,彰显其在推行可持续发展措施上的领导地位。信托于2023年荣获全球房地产可持续性标准(GRESB)的五星最高级别。- 此「四铂金」既有建筑认证是指WiredScore 楼宇通讯v3.1铂金级、能源与环境设计先锋(LEED)「v4.1 运营与维护:既有建筑」铂金级、WELL 健康建筑标准 v2 版核心体铂金级及绿建环评既有建筑(2.0 版)综合评估计划最终铂金级。– 完 –图片说明:花园道三号成为香港首幢获得「四铂金」既有建筑认证的甲级写字楼有关冠君产业信托(股份代号:2778)冠君产业信托拥有及投资提供租金收入的写字楼及零售物业。信托主要投资位于优越地点的甲级商用物业。现时拥有花园道三号及朗豪坊两幢位于香港的地标性物业,并以合资股权形式拥有位于伦敦市中心的 66 Shoe Lane,总楼面面积约300 万平方呎,让投资者可直接投资于优质甲级写字楼及零售物业。信托于2023年荣获全球房地产可持续性标准(GRESB)的最高五星级别。网站:www.championreit.com传媒联络方法:纵横财经公关顾问有限公司李惠儿电话:2864 4834电邮:vicky.lee@sprg.com.hk吴宛蓉电话:2114 4952电邮:cynthia.ng@sprg.com.hk欧阳田宇电话:2864 4848电邮:theresa.ouyang@sprg.com.hk网站:www.sprg.com.hk Copyright 2024 亚太商讯 via SeaPRwire.com.

CHINA BLUECHEM REPORTS REVENUE OF RMB6.007 BILLION

Financial Highlights:  (RMB Million)For the Six Months Ended 30 June1H 2024 1H 2023ChangeRevenue6,0076,176-2.7%Gross Profit1,0031,064-5.7%Net Profit Attributable to Owners of the Company6871,715-59.9%Basic Earnings per Share (RMB)0.150.37-59.4% HONG KONG, Aug 20, 2024 - (ACN Newswire via SeaPRwire.com) - China BlueChemical Ltd. (“China BlueChem” or the “Company”, stock code: 3983), China’s largest chemical fertilizer central enterprise in both production capacity and production volume, has announced its unaudited interim results for the six months ended 30 June 2024. The Company achieved revenue of RMB6.007 billion and net profit attributable to owners of the Company of RMB687 million for the six months ended 30 June 2024. The business performance was basically similar to that in the first half of 2023. However, in 2023, a one-off profit was realized from the disposal of 67% equity interest in a subsidiary for strategic reasons, which significantly drove the Company's profit growth in the first half of 2023.Mr. HOU Xiaofeng, CEO and President of China BlueChem said, “Despite the overhaul of multiple plants, the Company still performed well in achieving its target plans for the first half of 2024. During the period, the Company continued to strengthen safety production management and the overall safety situation remained stable. It actively expanded the market and increased efficiency, and continuously promoted management that strives for excellence which resulted in steadily improved governance efficiency. In addition, the Company has consistently adhered to a philosophy of green and sustainable development. Its methanol plant has been awarded the honorary title of “Energy Efficiency Leader” by the China Petroleum and Chemical Industry Federation for 13 consecutive years, and its synthetic ammonia plant has been awarded the honorary title of “Water Efficiency Leader” by the China Nitrogen Fertiliser Industry Association for 5 consecutive years.”In the production perspective, the Company continuously strengthened production and operation control, constantly improved the rationality and economy of equipment maintenance cycles, and released a 5-year rolling plan for equipment maintenance. Among them, the major overhauls of the Fudao Phase I urea unit, Fudao Phase II urea unit, and Hainan Phase II methanol unit were all completed successfully ahead of schedule, laying a solid foundation for subsequent stable operations. In the first half of the year, the Company produced 973,000 tonnes of urea, 707,000 tonnes of methanol, 445,000 tonnes of phosphate fertilisers and compound fertilisers, and 97,000 tonnes of acrylonitrile series products. Except for urea, the production of other products increased year-on-year.In terms of marketing, facing the complex and ever-changing market situation, the Company has further strengthened market analysis and priced scientifically and precisely. Meanwhile, the Company explored deeply the market competitiveness and price elasticity of products, and promoted the development of the competitive sales business of fertilisers and methanol. Additionally, the Company strengthened direct sales through e-commerce, with e-commerce direct sales volume increasing by 54% year-on-year. In the first half of the year, the Company sold 1.003 million tonnes of urea, 668,000 tonnes of methanol, 401,000 tonnes of phosphate fertilisers and compound fertilisers, and 88,000 tonnes of acrylonitrile series products.Looking ahead to the second half of the year, the increase in overall supply of urea is expected to exceed the increase in demand. Domestic urea prices are expected to be weak in the third quarter, but will improve later with the preparation of fertilisers for winter wheat. Regarding phosphate fertilisers, the overall supply is sufficient, while with the combined effects of international procurement, domestic autumn wheat demand, and the release of demand for winter storage fertiliser, the overall demand is expected to be relatively strong with prices remaining cautiously optimistic. Methanol supply is relatively abundant, while imports are expected to resume growth. Downstream demand for Methanol is expected to grow, and the cost side will provide price support. It is expected that the supply and demand situation of Methanol will change frequently,exhibiting primarily wide fluctuations in the market trend. On the other hand, both supply and demand for acrylonitrile are expected to grow, but the increase in supply will be more prominent. The market may continue to experience an oversupply, and spot prices are expected to remain weak.Mr. HOU Xiaofeng, CEO and President of China BlueChem said, “In the second half of 2024, the Company will strive to ensure the safe and stable operation of production facilities, and enhance risk mitigation capabilities. At the same time, the Company will continuously optimize resource allocation, leverage locational advantages, enhance product competitiveness and further explore the potential for marketing efficiency improvement. In addition, the Company will improve refined management standards and establish a cost control indicator system. Furthermore, it will strengthen brand building, strive to create a benchmark base for green agriculture brands and emphasize digitalization, intelligence, and green and low-carbon initiatives. Moreover, the Company will promote equipment upgrades and conduct research on the development planning of green strategic emerging industries.”- End -About China BlueChemical Ltd.China BlueChemical Ltd. (“China BlueChem”) is a listed company that specialises in the development, production and sales of chemical fertilisers and synthetic chemical products. It is the largest Central enterprise in the field of chemical fertilisers in terms of both production capacity and production volume. The Company is a subsidiary of China National Offshore Oil Corporation which mainly engages in the exploration, development, production and sales of crude oil and natural gas. On 29 September 2006, China BlueChem was listed on the main board of The Stock Exchange of Hong Kong Limited with the stock code 3983. Currently, its production facilities are located in Hainan, Hubei and Heilongjiang, China, with a total designed annual production capacity of 1.84 million tonnes of urea, 1 million tonnes of phosphate and compound fertilisers (mono-ammonium phosphate, di-ammonium phosphate and compound fertiliser), 1.4 million tonnes of methanol, 200,000 tonnes of acrylonitrile and 70,000 tonnes MMA. It has a deep water port with a designed annual throughout capacity of 18.28 million tonnes in Dongfang city, Hainan province. Boasting continued growth of its brand value, the Company’s brand value reached RMB5.404 billion in 2023, up by RMB1.433 billion as compared with 2022. In early 2023, the Company was granted “The Outstanding Listed Enterprise Awards 2022 – Excellent Results Performance” by Capital Media in recognition of its impressive and growing financial results.For more information about the Company, please visit its website: www.chinabluechem.com.cn. Copyright 2024 ACN Newswire via SeaPRwire.com.

中海石油化学2024年中期实现收入人民币60.07亿元 盈利6.87亿元

财务摘要                                                                                   (人民币亿元)截至 6 月 30 日止年度2024年中期2023年中期变动收入60.0761.76-2.7%毛利10.0310.64-5.7%本公司拥有人应占净利润6.8717.15-59.9%每股基本盈利 (人民币元)0.150.37-59.4%香港, 2024年8月20日 - (亚太商讯 via SeaPRwire.com) – 中国化肥产能及产量最大的央企中海石油化学股份有限公司(「中海石油化学」或「公司」,股份编号:3983) 公布截至2024年6月30日止半年度未经审计之业绩。2024年上半年公司实现收入人民币60.07亿元,本公司拥有人应占净利润为6.87亿元,业务表现基本上与2023年上半年大致相若,不过2023年因策略性原因出售一家附属公司的67%股权权益, 收获了一次性盈利,因此拉动了公司2023年上半年盈利大幅增长。中海石油化学首席执行官兼总裁侯晓峰先生表示:「在多套装置大修的前提下,公司业绩仍较好的完成2024年上半年目标计划。期内,公司继续加强安全生产管理,安全形势总体平稳。同时,公司积极开拓市场增加效益,持续推进精益管理,治理效能稳步提升。此外,公司坚持绿色和可持续发展理念,公司甲醇装置连续13年荣获中国石油与化学工业联合会『能效领跑者』荣誉称号,合成氨装置连续5年荣获中国氮肥工业协会『水效领跑者』荣誉称号。」生产管理方面,公司持续加强生产经营管控,不断提升装置检修周期合理性和经济性,发布装置检修5年滚动计划。其中,富岛一期尿素装置、富岛二期尿素装置和海南甲醇二期装置均提前顺利完成大修,为后续稳健运行打下坚实基础。上半年,公司尿素产量97.3万吨,甲醇产量70.7万吨,磷肥及复合肥产量44.5万吨,丙烯腈系列产品产量9.7万吨。除尿素外,其他产品产量均同比上涨。市场营销方面,面对复杂多变的市场形势,公司进一步加强市场研判,科学精准定价。同时,公司深挖产品的市场竞争力和价格弹性,推进化肥、甲醇竞价销售业务的开展。另外,公司强化电商直销,电商直销量同比增长54%。上半年,公司销售尿素100.3万吨、甲醇66.8万吨、磷肥及复合肥40.1万吨、丙烯腈系列产品8.8万吨。展望2024年下半年,尿素整体来看供应增加量高于需求增加量,预计国内尿素价格三季度较弱,后期随着冬天小麦备用肥料而好转。磷肥市场整体供应充足,由于国际采购、国内秋小麦的需求迭加以及冬天储备肥料的需求释放,所以整体需求预计相对旺盛,价格走势保持谨慎乐观。甲醇供应相对宽松,进口有望恢复增长,下游需求预期有一定增长,而成本端仍然会给予价格支撑,预计供需状况转换频繁,市场以宽幅震荡走势为主。丙烯腈供需预期均有增长,但供应增量表现将更突出,市场供大于求局面或将持续,现货价格将维持偏弱走势。公司首席执行官兼总裁侯晓峰先生表示:「2024年下半年,公司将保障生产装置安全稳定运行,增强风险化解能力。同时,公司将持续优化资源配置,发挥区位优势,增强产品竞争力,进一步挖掘营销增效潜能。此外,公司将增进精细化管理水平,构建成本管控指标体系,以及强化品牌建设,打造绿色农业品牌标杆基地,并突出数字化、智能化、绿色低碳,推动设备升级,开展绿色战新产业发展规划研究。」- 完 -有关中海石油化学股份有限公司中海石油化学股份有限公司(「中海石油化学」)是专门从事化肥及相关化工产品开发、生产及销售的上市企业,是化肥产能及产量最大的中央企业,为从事石油和天然气勘探、开发、生产及销售的中国海洋石油集团有限公司之子公司。中海石油化学于2006年9月29日在香港联合交易所主板挂牌上市,股份编号:3983。公司现有生产设施位于中国海南、湖北及黑龙江,总设计年产能达184万吨尿素、100万吨磷复肥(磷酸一铵、磷酸二铵和复合肥)、140万吨甲醇、20万吨丙烯腈及7万吨MMA,公司幷拥有位于海南省东方市的设计年吞吐能力为1,828万吨的深水港口。公司品牌价值持续提升,2023年达54.04亿元,较2022年提升14.33亿元。2023年初,中海石油化学凭着具良好增长性的优秀业绩,荣获资本媒体颁发2022杰出上市企业大奖<业绩表现大奖>。如欲查询更多公司资料,请浏览公司网站 www.chinabluechem.com.cn。 Copyright 2024 亚太商讯 via SeaPRwire.com.

Filipino FSI leaders earned major accolades at WFIS Awards 2024

MANILA, Aug 20, 2024 - (ACN Newswire via SeaPRwire.com) - The greatest awards show dedicated to the financial services industry in the Philippines, WFIS Awards 2024 is poised to grab nationwide headlines post-announcing the best FSI minds from 11 exclusive categories.Part of the larger WFIS event, the awards show took place on 14 August between 4 - 7 PM at Manila Marriott Hoteland was attended by the most senior professionals, dignitaries from the public sector, innovators, fintech experts and many others.Vying for the coveted titles, contenders from myriad domains entered the awards show which overall received more than 100 nominations. The nominations were later screened based on their exemplary body of work and other pre-defined parameters by industry’s most trusted names who also formed the jury for the awards show.The jury included Mel Migrino (Chairman and President, Women in Security Alliance Philippines), Anna Marie Pabellon (Deloitte PH Financial Services Industry and Assurance Leader, Deloitte), Imelda Tiongson (Trustee & Board Director, Fintech Alliance Ph & Various Public Listed Companies), Emmanuel Bonoan (Vice Chairman and COO, Head of Advisory, KPMG in the Philippines, R.G. Manabat & Co.), Charlie Valerio (Vice President, Philippines Chief Information Officer Association (PCIOA) and Balaji Viswanathan (Managing Director & CEO, Expleo Solutions Limited).While the jury had a tough time deciding the winners owing to a fierce competition, the names were finally announced and called upon stage to receive the trophies. Below are the results.IT Maestro of the Year - Mark Anthony Santiago, Head, IT Risk Management, UnionDigital BankGRC Advocate of the Year - Julie Reyes, Group Chief Risk and Compliance Officer, MayaData & Analytics Leader of the Year - Aakriti Raj, Principal Data Scientist/ Senior AVP, Security Bank CorporationRetail Banker of the Year - Daryl Sandoval, Head of Micro and Small Lending Division 1, Bank of Makati, A Savings BankCyber Practitioner of the Year - RB Banez, Deputy Chief Information Security Officer and Head of Cyber Security Governance, CIS BayadCX Innovator of the Year - Ramil De Villa, SVP2 & Consumer Lending Group Head, Rizal Commercial Banking Corporation (RCBC)Woman Influencer in FSI - Diana Lim, VP & Deputy Department Head, PETNET Inc.Wealth Management Expert of the Year - Carlos Garcia, Head - Treasury Compliance, GCashChampioning Enterprise GRC Implementation - Rizal Commercial Banking Corporation (RCBC)Data Transformation Excellence Award - UnionBank of the PhilippinesThe evening had a blistering start as the electrifying performance by IOX Entertainment captivated the audience and got them excited. Every element at the show was oozing glamour from the moment the attendees set foot inside the designated platform. The entire space was decked with red carpets, paparazzi lights and a lot of bling to add to the evening’s charm. If that wasn’t enough, the entrancing champagne ladies further raised the platform’s spirits.All in all, it was an evening that gave Indonesia’s financial services community a chance to unwind, feel appreciated for their hard work, and a moment to rejoice. Organizer and CEO of Tradepass, Sudhir Ranjan Jena expressed his delight over the spectacular awards show, “WFIS Awards has now become the most competitive space under the financial services industry as the idea of getting recognized in front of the entire community is something no industry leader wants to miss. While the award categories at World Financial Innovation Series have become the most coveted titles, the huge number of nominations every year is a sheer testament to the platform’s high demand and standard.”For more information about the event, log on to: https://philippines.worldfis.com/About TradepassProviding access to the global emerging markets, Tradepass brings together people, products and solutions to power events for unparalleled business and networking opportunities. Being the most accredited event company, it helps organizations: enter new markets, grow sales pipeline, close prospects, raise capital and identify the right solution-providers.As a deal facilitator, Tradepass is always determined about exposing the most agile liquid growth markets, to enable all-round scalability and growth.Media contact:Shrinkhal SharadPR & Communication Leadshrinkhals@tradepassglobal.com + (91) 80 6166 4401Tradepass Copyright 2024 ACN Newswire via SeaPRwire.com.

Champion REIT Announces 2024 Interim Results

HONG KONG, Aug 19, 2024 - (ACN Newswire via SeaPRwire.com) - Champion Real Estate Investment Trust (stock code: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for the six months ended 30 June 2024.  Summary of financial results 1H 20241H 2023ChangeTotal Rental Income (HK$ million)1,1151,168- 4.5%Net Property Income (HK$ million)954995- 4.1%Distributable Income (HK$ million)544617       - 11.9%  Distribution per unit (HK$)0.08090.0927- 12.7%  30 Jun 202431 Dec 2023ChangeGross Value of Portfolio (HK$ million)61,40662,950- 2.5%Net Asset Value per unit (HK$)7.427.72- 3.9%Gearing Ratio23.1% 22.8%+ 0.3ppOverviewThe high interest rate environment continued to affect the results of the Trust in the first half of 2024. While the total number of tourist arrivals recorded solid growth, the strong local currency dampened consumption and prompted an outflow of domestic travellers. While Langham Place Mall continued to outpace the market in retail sales, the Hong Kong office rental market remained under pressure in light of the supply conditions. Following the successful refinancing, we have ample undrawn committed facilities of HK$4.0 billion to support all the refinancing needs in 2024 and 2025. Amid the challenging macroeconomic environment, distributable income of the Trust decreased by 11.9% to HK$544 million and distribution per unit (“DPU”) declined by 12.7% to HK$0.0809.Three Garden RoadThe occupancy of Three Garden Road remained resilient despite the abundant supply in the market.  We observed more enquiries from asset management firms and family offices, and managed to secure some new small-sized tenants during the reporting period. Occupancy stood at 82.3% as at 30 June 2024. Rental income decreased by 9.0% to HK$571 million (2023: HK$627 million) as a result of negative rental reversion in the first half of the year.  Langham Place Office TowerLangham Place Office Tower continues to be a lifestyle and wellness hub with lifestyle tenants occupying 69% of the area as at 30 June 2024. As the recovery of mainland medical beauty tourism after the pandemic was slower than expected, some beauty and medical tenants scaled down their operations. Occupancy was 87.1% as at 30 June 2024. Rental income decreased by 4.5% to HK$166 million (2023: HK$174 million).Langham Place MallLangham Place Mall continued to outperform the overall Hong Kong retail market in the reporting period. While Hong Kong retail sales declined by 6.6% in the first half of the year, tenants’ sales of the mall increased by 2.3%. The beauty segment continued to be the growth driver. Occupancy of the mall returned to full occupancy as at 30 June 2024. Rental income improved to HK$378 million (2023: HK$366 million).DistributionDistributable income of the Trust dropped 11.9% to HK$544 million (2023: HK$617 million) and DPU dropped 12.7% to HK$0.0809 (2023: HK$0.0927). Based on the closing unit price of HK$1.57 recorded as at 28 June 2024, the total DPU represented an annualised distribution yield of 10.3%.Asset ValueThe appraised value of the Trust’s property portfolio was HK$61.4 billion as at 30 June 2024, declining by 2.5% from HK$62.9 billion as at 31 December 2023.Sustainability We continue to advance our commitment to sustainable practices across our properties and value chain. Three Garden Road has become Hong Kong’s first existing building conferred with the prestigious “Quadruple Platinum” after achieving the Platinum certification of Leadership in Energy and Environmental Design (LEED) v4.1 and the Platinum certification of WiredScore v3.1. We also continued to strengthen strategic partnerships with tenants and stakeholders. A key initiative was the ESG Week held in this July which featured a diverse range of impactful activities in collaboration with over 20 partners and organisations.OutlookWhile the market generally expects interest rate cuts to start in the second half of 2024, it remains uncertain about the degree of the adjustment. The global economy outlook is also clouded by geopolitical tensions and policy risks. For the office portfolio, we will stay flexible in our leasing strategy to tailor to the requirements of tenants. We will also continue to refine the tenant mix of Langham Place Mall and recruit first-in-Hong Kong brands to strengthen the appeal to both local consumers and tourists. We will stay agile and flexible in response to the market dynamics.Photo 1 - (Left)Ms. Christina Hau, Chief Executive Officer & (Right) Ms. Amy Luk, Investment and Investor Relations DirectorPhoto 2 - Ms. Christina Hau, Chief Executive OfficerAbout Champion REIT (stock code: 2778)Champion Real Estate Investment Trust is a trust formed to own and invest in income- producing office and retail properties. The Trust focuses on Grade A commercial properties in prime locations. It currently offers investors direct exposure to nearly 3 million sq. ft. of prime office and retail floor area. These include two Hong Kong landmark properties, Three Garden Road and Langham Place, as well as a joint venture stake in 66 Shoe Lane in Central London. The Trust was awarded the top five-star rating by the Global Real Estate Sustainability Standard (GRESB) in 2023.Website: www.championreit.comFor press enquiries:Strategic Financial Relations LimitedVicky LeeTel: 2864 4834Email: vicky.lee@sprg.com.hkCynthia Ng    Tel: 2114 4952Email: cynthia.ng@sprg.com.hkTheresa OuyangTel: 2864 4848Email: theresa.ouyang@sprg.com.hkWebsite: www.sprg.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.

SAP Launches Business AI Experience Center in Hong Kong

HONG KONG, Aug 20, 2024 - (ACN Newswire via SeaPRwire.com) - SAP announces the grand opening of its "Business AI Experience Center" located at its Hong Kong office. The center aims to showcase the cutting-edge capabilities of integrated Business AI in driving innovation, enhancing efficiency, and boosting business growth through live use cases and success stories. It is designed to guide enterprises from understanding AI to practical implementation, enabling them to achieve digital transformation, and therefore fully explore the unlimited possibilities brought by Business AI.SAP announces the grand opening of its "Business AI Experience Center"located at its Hong Kong office.Esmond Tong, Managing Director of SAP Hong Kong and Macau, said, " With the Business AI Experience Center, SAP aims to create a platform for enterprises and partners to exchange ideas and gain valuable insights that will enhance their agility and creativity. Enterprises can harness SAP's cloud platform to unlock AI's potential and achieve business benefits. With over 50 years of extensive expertise, SAP offers cloud solutions tailored to meet the diverse needs of businesses across industries, regardless of size or development stage, helping them accelerate business growth and development."Esmond Tong, Managing Director of SAP Hong Kong and MacauEarlier this year, SAP announced the full integration of business AI into its cloud portfolios and the gradual rollout of the generative AI copilot, Joule, across the company’s solution portfolio. This initiative is expected to enhance business functions and improve enterprise performance, with Joule managing 80% of the most frequently used tasks. This will make 300 million end users of SAP products 20% more productive, while significantly improving work quality. Meanwhile, SAP is deepening its collaboration with global strategic partners such as Microsoft, AWS, Google Cloud, and NVIDIA to advance the enterprise application of generative AI.The Business AI Experience Center features four live demonstration scenarios. These allow customers to explore innovative applications of SAP Business AI technology being seamlessly integrated into sales, talent management, and marketing processes.- Joule in ERP: Automates and manages sales orders and related processes, significantly enhancing the performance of sales operations.- Just Ask: A conversational AI analysis tool that provides deep sales insights, empowering businesses to make data-driven decisions and drive sales performance.- Talent Writing Assistant: A generative AI tool that helps managers with performance review, talent management, and compensation processes, streamlining HR operations and improving manager effectiveness.- Joule in Customer Experience: Enhances customer engagement and satisfaction through social media posting and exploratory questions, boosting marketing efforts and brand visibility.The "Business AI Experience Center" is now available for visits by appointment. For more information or to schedule a visit, please contact the SAP Hong Kong sales team at +852 2150 2799.Image Download: https://bit.ly/4dP4a7m###About SAPAs a global leader in enterprise applications and business AI, SAP stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. In 2023, SAP was honored for the eighth time with the "Best Workplace in Greater China" award by Great Place to Work. For more information, visit https://www.sap.com/hk‚For media enquiries, please contact:Strategic Public Relations Group (SPRG):Andico Tsuiandico.tsui@sprg.com.hk+852 2114 4346 / 6902 3831Vincent Ipvincent.ip@sprg.com.hk+852 2114 4341 / 5498 9705 Copyright 2024 ACN Newswire via SeaPRwire.com.

DreamFolks Expands its Footprint into the Southeast Asian Market

SINGAPORE, Aug 20, 2024 - (ACN Newswire via SeaPRwire.com) - DreamFolks, India's largest airport services aggregator, is proud to announce its strategic expansion into the Southeast Asian market. This milestone marks a significant step in DreamFolks' mission to redefine travel experiences on a global scale.Over the past 12 years, DreamFolks has revolutionized the airport services industry in India by offering a comprehensive suite of premium services through its proprietary technology platform. The company dominates the Indian domestic lounge access market for debit and credit card programs, boasting an impressive 90% market share and partnerships with most major banks and card networks in the country. The Company went public in September’22 with listings on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).DreamFolks' success stems from its cutting-edge in-house technology, which empowers banks and card networks to significantly enhance their card value propositions. This technology helps boost sales, drives loyalty and optimizes cost for these financial institutions. This tech-driven approach has been key to DreamFolks' success in India and will continue to fuel its expansion into other geographies.The company's global footprint now extends to over 3000 touchpoints across more than 100 countries and 500+ cities, serving millions of travellers annually. This extensive network positions DreamFolks uniquely to offer unparalleled service to its clients and their customers in the new markets.Building on its success in the Indian market, DreamFolks is now poised to bring its innovative service aggregation model to the Southeast Asian market with services like airport and railway lounges, e-SIM: travel SIM cards, meet and assist services, airport transfers, golf privileges and more to their customers.As part of this expansion, DreamFolks has established a regional office in Singapore, demonstrating its commitment to the market. The company has also bolstered its leadership team by on-boarding, Adib Kangda, Senior Vice President – International Markets, a seasoned professional with extensive knowledge of the local market dynamics.Liberatha Kallat, Chairperson and Managing Director of DreamFolks, commented on the expansion and said, "Our expansion into Southeast Asia marks a significant milestone in DreamFolks' journey. We're not just entering new markets; we're bringing our vision of seamless, technology-driven travel experiences to one of the world's most dynamic regions. This area represents immense opportunities for growth and innovation in the travel sector. With our proven track record in India, we're confident that our unique service aggregation model will resonate strongly with banks, card networks and enterprises across the region. By entering the Southeast Asian market, we will introduce market-first card innovations, and significantly save costs for our clients. Our focus is on delivering tangible benefits for our clients, ensuring they experience enhanced value and efficiency."This expansion is expected to benefit both clients and travellers in the region. By offering its advanced technology solutions, DreamFolks aims to help banks, card networks and enterprises optimise their offerings, enhance customer loyalty, and streamline operations. For travellers, this means access to a broader range of premium services and a more seamless travel experience. This expansion not only marks a new chapter in DreamFolks' journey but also promises to elevate the standards of travel services across the region.About DreamFolksDreamFolks is a leading travel & lifestyle services aggregator and provides an in-house technology platform that allows its clients such as Banks, Card Networks, Airlines, OTAs, and Enterprises to create custom offerings for their end consumers. DreamFolks today manages the lounge and other benefits for most of the top Banks in India and enjoys a market share of over 90% in the domestic lounge access market for India-issued debit and credit programs. The company went public in Sep ’22 with listings on both BSE and NSE and has a global footprint extending to 3,000+ touchpoints in 100+ countries, across the world.For more information, please visit our website (www.dreamfolks.com) or contact our media relations team.Contact Information: dreamfolks@adfactorspr.comNamrata Sharma – Namrata.sharma@adfactorspr.com  Copyright 2024 ACN Newswire via SeaPRwire.com.

Food Expo and concurrent events spurs public shopping spree

- Food Expo, Food Expo PRO, Beauty & Wellness Expo, Home Delights Expo and Hong Kong International Tea Fair drew to a successful close today. The five concurrent fairs welcomed some 1,860 exhibitors from 30 countries and regions and attracted over 500,000 visits- Over 90% of local exhibitors accepted electronic payment options for added attendee convenience, and the per capita spending reached HK$1,615; an increase of more than 6% compared to last year- Four new theme days drove local spending, creating a vibrant spending atmosphere- The International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM), ended on a high note with 18 renowned speakers discussing the latest issues, including the development of Chinese medicine products in the Greater Bay AreaHONG KONG, Aug 19, 2024 - (ACN Newswire via SeaPRwire.com) - The HKTDC Food Expo, HKTDC Beauty & Wellness Expo and HKTDC Home Delights Expo, organised by the Hong Kong Trade Development Council (HKTDC), drew to a successful close today, with the total number of visits reaching over 500,000, and an overall spending capita of HK$1,615. The five trade fairs attracted some 1,860 exhibitors from 30 countries and regions and were bustling with visitors amidst a lively spending atmosphere, highlighting the strong appeal and reputation of these annual flagship events.The Food Expo PRO and Hong Kong International Tea Fair also ended on a high note on 17 August. The two trade fairs saw exhibitors and trade buyers from around the world, including some 20,500 buyers from 60 countries and regions. Buyers outside Hong Kong mainly came from Mainland China, Taiwan, Indonesia, Japan, Korea, Malaysia, Philippines, Thailand, and more, reinforcing Hong Kong’s position as a major food and beverage trading hub in the region. The ICMCM, organised by the Modernized Chinese Medicine International Association (MCMIA) together with the HKTDC and ten scientific research institutions, also successfully concluded on 16 August.Sophia Chong, HKTDC Deputy Executive Director, said: “This year, for the first time, four theme days featured across all fairs contributing to their resounding success. Well-designed, exciting and innovative activities drew large crowds, fuelling visitor spending. This year, the introduction of a dedicated Halal food and beverage label, on products from more than 100 exhibitors at the Food Expo PRO and Food Expo was welcomed by buyers and the public visitors. We were pleased to see the Hong Kong International Tea Fair continue to gain strong support from regional pavilions and exhibitors. The five fairs successfully created significant business opportunities for exhibitors, and a vibrant shopping destination for the public.”Over 90% of local exhibitor accepted electronic payment methods with per capita spending reached HK$1,615Over 90% of local exhibitors at the Food Expo, Beauty & Wellness Expo, and Home Delights Expo accepted electronic payment. In a survey conducted on-site by the HKTDC. More than 50% of about 1,500 respondents said they had spent HK$1,000 or more at the exhibition. Nearly 85% of respondents said they paid electronically, emphasising how e-payment boosts spending by offering visitors ease and convenience. The overall per capita spending was estimated at HK$1,615; a year-on-year rise of more than 6%.Strong consumption fuelled by encouraging sales resultsThe city’s premier annual Food Expo is dedicated to showing the world’s finest cuisine and wines.Taiwan exhibitor Grass Lands Food Co., Ltd. exhibited at the fair for the first time and achieved great results with a whole container crispy jerky and chewy jerky sold out by the fourth day of fair. According to Yu-Hung Wang, manager of Grass Lands Food Co. Ltd, said, “Many consumers from Mainland China and Hong Kong showed great interest in our jerky products and the sales were exceptional and far exceeded our expectation. We successfully promoted our brand and products at the fair."The Beauty & Wellness Expo showcased quality products, including popular home-use beauty devices, skincare brands, hair care products, and more. The Korean beauty brand, medicube, returned to the fair with an enlarged booth of 96 square metres. The brand’s senior associate of beauty marketing team, Julie An, saw a lot of potential in Hong Kong for Korean beauty brands and brought two more brands to this year’s fair. Their best seller was the medicube’s AGE-R Booster Pro beauty device with an average daily sales volume of more than 1,000 sets at the special Expo price of HK$1,700 each. Other medicube beauty products were also well-received by Hong Kong consumers with new customers responsible for more than 75% of sales.The Home Delights Expo featured massage chairs, smart home technology, stylish homeware, bedding and furniture. Giormani, a custom-made sofa specialist renowned for its quality and design, made its first appearance at the Home Delights Expo this year. Shop Manager, Kenji Wan, said the booth attracted a lot of attention from new customers. With the special discounts of up to 59% off to stimulate onsite sales, they expected a sales turnover of approximately HK$2 million.Trade fairs opened doors to new business opportunities for Halal productsThe Food Expo PRO brought together leading food and beverage companies, technology enterprises and representative organisations from countries and regions around the world.In line with the growing interest in Halal food, a new label was introduced to help buyers easily identify and source Halal food and beverages. Joseph Leung, senior adviser of business development at Haichang Ocean Park Holdings Ltd, a developer of a marine theme park resort in Saudi Arabia, placed substantial orders with exhibitors from Thailand and Mainland China, securing annual contracts worth up to US$500,000 of Halal-certified rice and tea.The Food Science and Technology zone showcased the latest food products, services and technology to help the industry explore business opportunities. Elevatefoods Technology showcased their patented smart 3D food printing and multi-level cooking technology. Connie Lee, Co-founder and CEO, said: “Food tech is a fast growing trend in the industry and the Food Expo PRO served as a solid platform to launch our innovation and technology with buyers from Japan, Korea, Singapore, Thailand and Vietnam showing interest in our 3D food tech devices.” Food Expo PRO also welcomed 20 pavilions from different countries and regions. Panita Shinawatra, Acting Director General of Thailand’s Small and Medium Enterprises Promotion, said they have lined up 10 food producers from Thailand to promote Thai-style food and beverage products at Food Expo PRO. They received very strong response in particular from buyers from Mainland China and Hong Kong and orders worth more than US$300,000 were secured for snacks, seasoning and other products.Abdul Rahman, CEO of Trans-Atlantic Trading Company Limited from Kenya, exhibited at the Hong Kong International Tea Fair for the first time and established links with 15 buyers from Mainland China, Hong Kong, Egypt, Malaysia, Singapore and Vietnam. The company expects to receive new orders worth US$2 million directly from the fair.Hybrid mode connects local and international business opportunitiesThe Food Expo PRO and the Hong Kong International Tea Fair operated under the hybrid model EXHIBITION+, allowing global food and tea buyers to connect through physical and online platforms. Click2Match, a smart business matching platform, will continue to facilitate online meetings until 24 August.ICMCM fosters collaboration and advances the industry through dynamic exchangesThe ICMCM, organised by the Modernized Chinese Medicine International Association (MCMIA) in partnership with the HKTDC and ten scientific research institutions, drew to a successful conclusion. The conference fostered insightful discussions on timely industry issues, including opportunities and challenges in Chinese medicine research, and cross-regional exchanges and development of Chinese medicine products in the Greater Bay Area.Held alongside the Food Expo, Beauty & Wellness Expo, Home Delights Expo, the Food Expo PRO and the Hong Kong International Tea Fair, the conference contributed to a dynamic, multi-faceted event encompassing food, beauty, health, household goods, and Chinese medicine. This synergy fostered a vibrant platform for cross-industry exchange and collaboration.Photo download:  https://bit.ly/4cMH1S9Organised by the Hong Kong Trade Development Council (HKTDC), the Food Expo, Beauty & Wellness Expo, and Home Delights Expo, and the two trade fairs — Food Expo PRO and Hong Kong International Tea Fair drew to a successful close. The five fairs attracted over 500,000 visitsThe Food Expo PRO welcomed 20 pavilions from different countries and regions, including multiple provinces in Mainland China, the neighbouring Japan and Korea, Thailand, Indonesia, Malaysia and Philippines from the ASEAN region, Poland and Mexico from outside Asia, and moreThe Hong Kong International Tea Fair featured four pavilions: Sri Lanka, Fujian, Hunan, and the first-ever pavilion by the Hong Kong and Kowloon Tea Trade Merchants AssociationOn the fair opening day (15 August), the theme “Delights Across Mainland China” introduced visitors to famous dishes from various regions of Mainland China. The China National Agricultural Pavilion, organised by the Agricultural Trade Promotion Centre, the Ministry of Agriculture and Rural Affairs of Mainland China, showcased over a thousand agricultural and food products from 12 provinces in Mainland China“Happy Friday” on 16 August featured mixology shows by star mixologists and food crafting demonstrations showcasing culinary aesthetics. A wide selection of fine wines was available at promotional prices at the Food Expo's Gourmet ZoneOn 17 August, “Japan & Korea Express” Day immersed visitors in the vibrant culinary and lifestyle trends of both countries, including experiencing the grace of traditional Japanese dance and the skill of judo demonstrations, kimchi-making demonstrations by a Korean chef, seminars on Korean health foods, and taekwondo and dance performancesSpanning over the weekend from 17-18 August, the "Wellness Weekend" offered seminars and workshops, including sessions on healthy tea brewing. The “Youth Hair Salon” organised by the Hong Kong Hair & Beauty Merchants Association, offered on-site haircuts daily during the ExpoThe fairs came alive with popular and engaging events, such as the Star Chef cooking demonstrations, Smart Bidding sessions and lucky drawsThe hybrid International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM) was themed "The Industry-University-Research Collaboration and Clinical Research on Traditional Medicine", and featured 18 keynote speakers from Hong Kong, Mainland China and overseas who discussed development trends, scientific research achievements, successful experiences, regulations, and the outlook of Chinese medicine and health products in connection to the “Belt and Road” initiativeFor more information, please visit:HKTDC Food Expo PROfoodexpopro.hktdc.com/HKTDC Hong Kong International Tea Fairhkteafair.hktdc.com/HKTDC Food Expohkfoodexpo.hktdc.com/HKTDC Beauty & Wellness Expohkbeautyexpo.hktdc.com/HKTDC Home Delights Expohomedelights.hktdc.com/Media EnquiriesOgilvy Public Relations:HKTDC’s Communications and Public Affairs Department:Cynthia Sit (852) 9425 4547 cynthia.sit@ogilvy.comFrankie Leung (852) 2584 4298frankie.cy.leung@hktdc.orgLeanne Pok (852) 9379 9694leanne.pok@ogilvy.comClayton Lauw (852) 2584 4472clayton.y.lauw@hktdc.orgMedia Room: http://mediaroom.hktdc.comAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.  Copyright 2024 ACN Newswire via SeaPRwire.com.

冠君产业信托公布2024年度中期业绩

香港, 2024年8月19日 - (亚太商讯 via SeaPRwire.com) – 持有花园道三号及朗豪坊物业的冠君产业信托(股份代号:2778)公布截至 2024 年 6 月 30 日止的中期业绩。业绩摘要 2024上半年2023上半年变动租金收益总额 (百万港元)1,1151,168- 4.5%物业收益净额(百万港元)954995- 4.1%可分派收入(百万港元)544617- 11.9%每基金单位分派(港元)0.08090.0927- 12.7%  于2024年6月30日于2023年12月31日变动物业组合总值(百万港元)61,40662,950- 2.5%每基金单位资产净值(港元)7.427.72  - 3.9%资产负债比率23.1%22.8%+ 0.3 pp概览本信托2024年上半年业绩继续受到高息环境所影响。虽然整体旅客人数稳健增长,但港元偏强遏抑消费,促使本地人外游。朗豪坊商场的零售销售继续优于市场表现,而香港写字楼租赁市道因供应情况而受压。随着成功完成再融资,本信托共有40亿港元的已承诺备用信贷额度,足以应付2024和2025年所有再融资需求。面对充满挑战的宏观经济环境,本信托的可分派收入下跌11.9%至5.44亿港元,而每基金单位分派(「每基金单位分派」)则减少12.7%至0.0809港元。花园道三号尽管市场供应充裕,花园道三号的出租率仍然展现韧性。我们留意到有更多来自资产管理公司和家族办公室的租赁查询,并于报告期内引入一批新的小型租户。于2024年6月30日,写字楼出租率为82.3%。由于续租租金于上半年持续下跌,该物业的租金收益减少9.0%至5.71亿港元(2023年:6.27亿港元)。朗豪坊办公楼朗豪坊办公楼仍然是生活时尚及大健康总汇,于2024年6月30日,生活时尚行业租户所占面积达69%。由于疫后内地医疗美容旅游的复苏速度比预期慢,一些美容和医疗租户缩减了他们的业务规模。朗豪坊办公楼的出租率于2024年6月30日为87.1%。租金收益则下跌4.5%至1.66亿港元(2023年:1.74亿港元)。朗豪坊商场朗豪坊商场于报告期内的表现继续优于香港整体零售市道。尽管上半年香港零售销售下跌6.6%,商场租户的销售额却录得2.3%的升幅,而美妆美容类别继续成为增长动力。于2024年6月30日,商场再度回复悉数租出的状态,租金收益亦升至3.78亿港元(2023年:3.66亿港元)。分派本信托期内可分派收入下跌11.9% 至5.44亿港元(2023年:6.17亿港元),而每基金单位分派则减少12.7%至0.0809港元(2023年:0.0927港元)。按2024年6月28日的基金单位收市价1.57港元计算,相当于年度分派率10.3%。资产值于2024年6月30 日,本信托旗下物业组合的估值为614亿港元,较2023年12月31日的629亿港元减少2.5%。可持续发展我们继续在旗下物业及整个价值链中推动可持续发展。花园道三号在取得能源与环境设计先锋(LEED) v4.1铂金评级认证,以及WiredScore楼宇通讯v3.1的铂金级认证后,成为香港首个荣获「四铂金」认证的既有建筑。我们持续加强与租户和持份者的策略伙伴关系,其中一个重要举措是今年七月举办的「ESG周」,汇聚逾20家合作伙伴及参与机构,举办了一系列具影响力的多元化活动。展望虽然市场普遍预期利率将于2024年下半年开始下跌,但减息幅度仍存在不确定性。全球经济前景亦因地缘政治紧张和政策风险而蒙上阴影。写字楼组合方面,我们会在租赁策略上保持灵活,以满足租户的要求。我们亦会持续优化朗豪坊商场的租户组合,积极引进首次进驻香港的品牌,以增加商场对本地消费者和游客的吸引力。我们将因时制宜,灵活变通,以适时应对各种市场变化。图一、行政总裁侯迅女士 (左) 及投资及投资者关系总监陆嘉萍女士 (右)图二、行政总裁侯迅女士有关冠君产业信托(股份代号:2778)冠君产业信托拥有及投资提供租金收入的写字楼及零售物业。信托主要投资位于优越地点的甲级商用物业。现时拥有花园道三号及朗豪坊两幢位于香港的地标性物业,并以合资股权形式拥有位于伦敦市中心的 66 Shoe Lane,总楼面面积约300万平方呎,让投资者可直接投资于优质甲级写字楼及零售物业。信托于 2023 年荣获全球房地产可持续性标准(GRESB)的最高五星级别。网站: www.championreit.com传媒联络方法:纵横财经公关顾问有限公司李惠儿电话:2864 4834电邮:vicky.lee@sprg.com.hk吴宛蓉   电话:2114 4952电邮:cynthia.ng@sprg.com.hk欧阳田宇电话:2864 4848电邮:theresa.ouyang@sprg.com.hk网站: www.sprg.com.hk  Copyright 2024 亚太商讯 via SeaPRwire.com.

Data Center Xpo Saudi Arabia 2024: Where Data Drives Innovation

RIYADH, Aug 19, 2024 - (ACN Newswire via SeaPRwire.com) - Saudi Arabia has navigated significant challenges in developing its data center infrastructure and 5G networks. Initially, the country faced hurdles such as high costs, regulatory barriers, and the need for substantial technological upgrades. However, through strategic investments and partnerships with global technology leaders, Saudi Arabia has steadily advanced its digital landscape.Initiatives like Vision 2030 have been pivotal, promoting digital transformation as a national priority. The government has implemented policies to foster innovation, streamline regulations, and attract foreign investments. Moreover, substantial funding in research and development, alongside the establishment of tech hubs and smart cities has accelerated progress. This resilience and forward-thinking approach have enabled Saudi Arabia to overcome early obstacles, positioning it as a burgeoning digital hub with a robust 5G and data center ecosystem, ready to support the nation's ambitious economic and technological goals.5G can transform Saudi Arabia into a Gigabit society, offering speeds up to 100 times faster than 4G and latency as low as 1ms. This technology enables telecom operators to ease network congestion in high-density areas, significantly enhancing the consumer experience while reducing the cost per bit. The result is a more efficient, reliable, and high-speed connectivity that supports the country's digital transformation and technological advancements.Overview of the event: The Data Center Xpo: where innovation meets strategy in the digital era. As data grows in importance, this summit is a beacon for professionals. Join visionaries and experts to explore trends, exchange viewpoints, and unveil transformative solutions. Beyond limits, it's a hub for networking, learning, and collaboration with insightful sessions, workshops, and discussions on data analytics, AI, and emerging tech.From demystifying the intricacies of data to deciphering the forthcoming wave of technological progress, the Data Centre Xpo seamlessly transforms knowledge into actionable insights. This conference is positioned to foster connections, forge partnerships, and unleash the limitless potential of excellence driven by the strategic application of data-driven solutions.Who will attend?Sultan Moraishedi, Group Chief Cybersecurity, Data And Business Excellence Officer,Red Sea Global.Abdullatif AlBlowi, Director Of Innovation And Technology Communications, Space & Technology Commission - CST.Anas Mosa,IT Director ,PIF Projects.Fahad Mahmoud Bedaiwi, Executive Vice President,Head Of Facilities, Management And Engineering,The Saudi National Bank.Mohammed Shah,IT & Smart City, Director Knowledge Economic City.Ahmed AlThuhaibi, Chief Of IT, Saudi Pro League.Kamal Farag, Digital Services Director,Human Resources Development Fund - HRDF - KSA.Mushtaq Ahmed, Enterprise Architecture And Digital Strategy Director, Saudi Post-SPL.Abdullah Abdulwasa, Chief Digital Officer, Al- Faisaliah Group.Sulafah Jabarti, Chair of the Digital Economy Committee, International Chamber of Commerce - Saudi Arabia.The event will cover topics like:Synergy Unveiled 5G Networks and Data centres Shaping Tomorrow's Digital Eco System.Unleashing the Potential of Al in Data Center Management.Efficient Remote Management Strategies for Modern Data Center.Unleashing the Power of Hyper Scalability Transforming the Data Center for Ultra Responsive Performance.Navigating the Hybrid Cloud Landscape.Towards Sustainable Computing Implementing Green Data Center Strategies.For more information and to register for Data Center Xpo click the link: https://exito-e.com/datacenterxpo/saudi/About ExitoExito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.For Media Enquiries, contact:Kasturi Nayak (Sr. Marketing Executive)Kasturi.nayak@exito-e.comEnquiry@exito-e.comExito Media Concepts Copyright 2024 ACN Newswire via SeaPRwire.com.

BankPozitif’s Chairman Dr. Erkan Kork: Turkiye Will Continue to Attract Qualified Investments

ISTANBUL, August 19, 2024 (ACN Newswire via SeaPRwire.com) - Türkiye received $4.7 billion in international direct investment in the first six months of this year. The Netherlands, the USA, Germany, Ireland, Norway, and the United Kingdom were the countries from which Türkiye received the most investment capital.BankPozitif's Chairman, Dr. Erkan KorkCommenting on the issue, BankPozitif Chairman Dr. Erkan Kork stated that despite the global decline in international direct investments, Türkiye has performed better, saying, "Our country is attracting significant investments from global actors with its entrepreneurial business culture, young population, and competitive products and services. Over the last 20 years, Türkiye has become a country that attracts 1% of the world's investments annually. The goal is to increase this rate to 1.5% by working even harder. Türkiye is not far from this target with the political stability provided by our President Recep Tayyip Erdogan, the reforms implemented, infrastructure investments, and investor-friendly policies. Under the vision and determined stance of our Minister of Treasury and Finance, Mr. Mehmet Simsek, our country is on the path to becoming a center for international investments.""It would be no surprise to hear news of new investments"Noting that Türkiye would achieve a much different picture with price stability, Kork said, "Türkiye Cumhuriyet Merkez Bankası Governor Fatih Karahan and his team are, so to speak, working tirelessly day and night. The improvement in the current account balance is evident. Recently, with the increase in our reserves and the correct steps taken, the Turkish Lira has reached an attractive position. Achieving price stability opens the door to the process leading to financial stability. In a country where there is financial stability, the appetite for investment is high," he said."Large-scale investments will come in the fintech sector"Dr. Erkan Kork stated that Türkiye would continue to attract qualified investments, especially those focused on the export of goods and services, saying, "The total value of international direct investment inflows to our country since 2002 has exceeded $268 billion. The investments received in the first six months of 2024 accounted for 28% of the current account deficit. This rate will increase further. Türkiye, which is a production, logistics, and management center for international investors, will continue to attract technology investments, particularly in fintech and e-commerce. I believe that capital inflows will continue not only from Europe and the USA but also from the Gulf countries," Dr. Kork said.About BankPozitifOperating in the field of digital banking, BankPozitif is a Turkey-based financial institution that enables individuals and businesses to carry out their financial transactions quickly and efficiently through a single digital platform. The bank offers digital investment banking with personalized financial solutions and innovative technologies for its customers. Source: BankPozitif [https://www.bankpozitif.com.tr]This press release is issued through EuropeNewswire.Net (www.europenewswire.net) and distributed by EmailWire (www.emailwire.com) – the gloabal newswire that provides Press Release Distribution with Guaranteed Results™. Copyright 2024 ACN Newswire via SeaPRwire.com.

Q2 Metals Drills 120.3 M at 1.72% Li2O including 19.0 M at 2.06% in First Assays Reported from its Spring 2024 Drill Campaign at the Cisco Lithium Property, James Bay, Quebec, Canada

Highlights:Strong analytical results from the inaugural drilling campaign for Q2 Metals including:CS-24-010: Cumulatively 181.1 metres ("m") at 1.67% Li2OWidest interval of 120.3 m at 1.72% Li2O including 19.0 m at 2.06% Li2OCS-24-007: Cumulatively 94.6 m at 1.52% Li2OWidest interval of 27.1 m at 1.96% Li2O including 11.1 m at 2.49% Li2OCS-24-008: Cumulatively 27.0 m at 1.63% Li2OWidest interval of 19.3m at 1.75% Li2O including 6.2 m at 2.23% Li2OCS-24-009: Cumulatively 115.9 m at 1.48% Li2OWidest interval of 82.1m at 1.43% Li2O including 15.7 ma t 1.88% Li2OVancouver, BC, Aug 19, 2024 - (ACN Newswire via SeaPRwire.com) - Q2 Metals Corp. (TSX.V:QTWO)(OTCQB:QUEXF)(FSE:458) ("Q2" or the "Company") is pleased to report on the first core assay results from drill holes CS-24-007 to CS-24-010 from the Spring 2024 Drill Campaign at the Cisco Lithium Property (the "Property" or the "Cisco Property") located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of Quebec, Canada."These first four holes of our inaugural drill program at Cisco have exceeded our expectations with higher grades within some of the wider intervals such as Hole 10," said Q2 Metals VP of Exploration, Neil McCallum. "We look forward to releasing more analytical results in the coming weeks as they become available.""Between closing our financing earlier this month and the work we've done in the field, 2024 has been an exceptional year for Q2 Metals so far," said Q2 Metals President and CEO, Alicia Milne. "We have just begun our work at the Cisco Property, and having only completed 12 drill holes, these initial results are exceptionally promising."The analytical results reported herein represent the first 1,017 m of drilling over four (4) holes of the 3,753 m that were drilled over 12 holes at the Cisco Property. Initial visual results of those four holes were reported by the Company on June 17, 2024.The Spring 2024 Drill Campaign was designed to expand upon the 2023 drilling by the Property vendors. Hole CS-23-05 ("Hole 5") drilled by the Property vendor ended in pegmatite and assays results confirmed a total of 115.4 m at 1.40% Li2O, cumulatively within five (5) separate pegmatite intervals. Holes CS-24-009 and 010 ("Hole 10") were designed as 50 m westward step-outs from Hole 5. Assay results from these two holes confirmed wide intervals of spodumene pegmatite, with the widest interval reaching 120.3 m at 1.72% Li2O, including 19.0 m at 2.06% Li2O in Hole 10.Complete highlighted intervals from holes CS-24-007 to 010 are summarized in Table 1 and represented in Figure 1. All intervals of greater than two (2) metres of core-length are included in the table. Internal dilution of non-pegmatite material was limited to intervals of less than five (5) metres. No specific grade cap or lower cut-offs were used during grade and width calculations. All intervals are reported as core widths and mineralized intervals in all the holes drilled thus far are not representative of the true width as the modelled pegmatite zones are being refined with every additional hole.Figure 1. Map of Inaugural Drill Hole Analytical Results at Cisco PropertyTable 1. Summary of Analytical Results of Spring Drill Holes at Cisco PropertyResults from approximately 2,700 m of drilling eight (8) holes (CS-24-011 to CS-24-018) remain to be reported from the Spring 2024 Drill Campaign and will be released as soon as results are available. Drilling at the Cisco Property is ongoing and will continue into the fall of 2024.About the Cisco PropertyThe Cisco Property is comprised of 222 mineral claims and is 11,374 hectares in size. It is located less than 10 kilometres ("km") east of the Billy Diamond Highway, and is approximately 150 km north of Matagami, a small town that contains the closest rail link to much of James Bay. The Property lies within the greater Nemaska Community lands of the Eeyou Istchee Territory, James Bay, Quebec.The Property is situated along the Frotet Evans Greenstone Belt, comprised of a volcanic package dominated by mafic to felsic metavolcanic rocks, of the southern James Bay Lithium District, the same belt that hosts the Sirmac and Moblan lithium deposits, located 130 km and 180 km away, respectively.Sampling, Analytical Methods and QA/QC ProtocolsAll drill core samples were shipped to SGS Canada's preparation facility in Val D'Or, Quebec, for standard sample preparation (code PRP92) which includes drying at 105°C, crushing to 90% passing 2 mm, riffle split 500 g, and pulverize 85% passing 75 microns. The pulps are then shipped by air to SGS Canada's laboratory in Burnaby, BC, where the samples are homogenized and subsequently analyzed for multi-element (including Li and Ta) using sodium peroxide fusion with ICP-AES/MS finish (code GE_ICM91A50).A Quality Assurance / Quality Control protocol following industry best practices was incorporated into the sampling program.Qualified PersonNeil McCallum, B.Sc., P.Geol, is a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects, and has reviewed and approved the technical information in this news release. Mr. McCallum is a director and VP Exploration for Q2.About Q2 Metals CorpQ2 Metals is a Canadian mineral exploration company focused on unlocking its portfolio of lithium projects in the Eeyou Istchee James Bay region of Quebec, Canada, that includes both its 100-per-cent-owned Mia Lithium Property and the Cisco Lithium Property.The Cisco lithium property is located approximately 150 km north of Matagami, Que., and comprises 222 mineral claims and is 11,374 ha in size. The property has district-scale potential with an already identified mineralized zone and a discovery drill result of 115.4 metres at 1.40 percent lithium oxide (hole CS-23-05), cumulatively in five separate pegmatites.FOR FURTHER INFORMATION, PLEASE CONTACT:Alicia MilnePresident & CEOAlicia@Q2metals.comJason McBrideCorporate CommunicationsJason@Q2metals.comTelephone: 1 (800) 482-7560E-mail: info@Q2metals.comWWW.Q2Metals.comFollow the Company: Twitter, LinkedIn, Facebook, and InstagramForward-Looking StatementsThis news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company's properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions.Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Forward looking statements in this news release include, but are not limited to, drilling results on the Cisco Property and inferences made therefrom, the potential scale of the Cisco Property, the focus of the Company's current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company's expectations in connection with the projects and exploration programs being met, the Company's objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile at www.sedarplus.ca.Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.SOURCE: Q2 Metals Corp. Copyright 2024 ACN Newswire via SeaPRwire.com.

降本增益成果显著 百利达集团2024年中期毛利率上升至22.1%

香港, 2024年8月16日 - (亚太商讯 via SeaPRwire.com) - 百利达集团控股有限公司(「百利达集团」或「集团」,股票编号:8179.HK)欣然公布,截至二零二四年六月三十日止未经审核中期业绩,业绩表现良好,期内降本增益成果显著,业务规模及盈利能力持续上升,中期纯利升5.05%,毛利率升至约22.1%。业绩亮点:葡萄酒贸易续为主营业务 推动集团毛利率上升集团的葡萄酒主要来自多个著名澳洲葡萄园及酿酒厂,着重以优质葡萄酒为主要产品。 2024年中期,葡萄酒贸易继续为集团最大收益分部,期内收益约218.8百万港元,同比略微减少30.3百万港元;分部溢利45.2百万港元,同比微降0.4%。 主要受国内前景不明朗及消费者购买力下降所影响,然而得益于供应商提供更多折扣及产品销售套餐,使得销售成本减少15.81%,从而带动集团毛利率提升3.4个百分点至22.1%。 集团日前正积极拓展本地市场,包括参加各类展览会、在不同地区发展销售网络及代理,并透过新零售模式建立多种销售渠道。展望未来,集团葡萄酒产能稳步提升。 2024年在收获葡萄的同时,集团正在生产约55,000升葡萄酒。 产能的增加将使集团能够推出新品牌、开发罐装红葡萄酒以及进行产品升级。 相信该等措施将更能满足不同消费者群体不断变化的需求及偏好。 未来集团亦不排除将与有影响力的合作伙伴合作,从而持续建立品牌认知度,提升品牌价值。 相信随着「百利达」品牌价值的不断提升,能对集团销售额及市场份额带来正面拉动,从而增加收入和利润,进而带来更大的股东价值。食品业务审慎经营 新产品饮用水拓无限商机集团食品业务主要包括澳洲百鹤年橄榄油等,于2024年中期,食品业务收益约为43,000港元。 集团计划于今年下半年开始推出源自慕士塔格峰的优质饮用水产品。饮用水产品较其他软性饮料需求更为刚性,是外出场景解渴、室内场景饮水的首选。 且随着居民健康意识提升,瓶装水对其他含糖饮料的替代也有望为产业发展贡献增加。 瓶装水为中国软饮行业界第一大赛道,数据显示,2023年,中国瓶装水产业市场规模达2,266亿元人民币,同比增长2.8%,销售量则为528.8亿公升,同比增长1.1%; 预计2026年中国瓶装水市场规模将成长至2,485.9亿元人民币,未来三年CAGR为3.1%,销量将成长至545.2亿升。 相信集团优质饮用水新产品将继续受益于瓶装水好赛道带来的无限商机。 集团亦会持续关注市场情况,积极寻求潜在的增长及扩张机会。百利达集团主席兼执行董事黄巍女士表示:「百利达集团正积拓展市场,不断提升品牌价值,从而吸引更多本地市场及亚太地区的潜在客户。 展望未来,集团将维持审慎的经营策略,集中资源开发最具增长潜力及盈利能力的商机 ,以维持盈利能力及稳定的业务经营,以最大程度提升股东回报。」- 完 -关于百利达集团控股有限公司百利达集团控股有限公司于1998在香港成立, 2011年在香港联合交易所有限公司创业板上市。 集团目前的主要业务为葡萄酒贸易业务、及于香港生产及销售食品。百利达集团的葡萄酒贸易业务旨在利用香港葡萄酒业的稳定增长,是发展集团分销和批发渠道的良机,并有助于使集团业务多元化。 集团主要品牌「百利达」的葡萄酒主要来自多个著名澳洲葡萄园,着重以优质红酒为主要产品。 集团的葡萄酒现已销往超过12个国家和中国28个地区,并在韩国新罗免税店及韩国现代百货免税店上架,广受五星级酒店、航空公司以及各类中式、日式、西式餐厅等欢迎。 同时,集团自2006年开始生产、销售及分销食品,食品业务分部透过自营零售店为香港客户生产及供应烧腊及台式卤味等食品,及供应至香港的本地大型连锁超市等。传媒查询:意博資本文化有限公司 电话: 3476 2915     电邮: ir_palinda@vsfg.com Copyright 2024 亚太商讯 via SeaPRwire.com.

The Perse School (Singapore) to Launch New Campus in 2025

SINGAPORE, Aug 19, 2024 - (ACN Newswire via SeaPRwire.com) - The Perse School (Singapore) (TPSS) has won the tender conducted by the Economic Development Board (EDB) and Singapore Land Authority (SLA) in the first half of 2024 to provide foreign system education on the site at 58 Chestnut Drive.Under new leadership, led by CEO Johan Stromsater and school principal, Daniel Cross, TPSS targets a launch on the new campus in January 2025 with a future-focused Cambridge curriculum to equip students with academic, critical thinking, problem-solving, and leadership skills. TPSS is working towards ERF registration, and subject to regulatory approval, will open to students from 3-11 years of age from January 2025 and extend to include 12-18 years of age from 2026. This development marks the beginning of an exciting phase for TPSS as the new management seeks to offer a blend of British academic excellence, co-curricular opportunities, and pastoral care for students with fees starting at $22,750 per year."We are excited to bring The Perse's long-standing tradition of excellence to the International School sector in Singapore at a fee level that will make a top tier British education attainable," says Johan Stromsater, CEO of TPSS. “Our mission is to nurture happiness and success among our students, and we are committed to developing a diverse student community and an inspiring educational environment where every student can thrive."“Singapore’s diverse and high-quality selection of Foreign System Schools enhances our competitiveness as an attractive location for international companies and global talent. The Perse School (Singapore) will add to the landscape and serve the varied education needs of expatriate families here,” said Ms Ho Weng Si, Senior Vice President, Industry Manpower Development, EDB.The leadership team comprises:Johan Stromsater: CEO of Futuris Education and now CEO of TPSS, previously served as CEO of the Canadian International School in Singapore.Daniel Cross: Founding Principal of TPSS, is relocating to Singapore from Cambridge after 24 years at The Perse School Cambridge, most recently as Senior Deputy Head. "I am thrilled to bring the rich traditions and academic excellence of The Perse School to Singapore. We aim to provide a world-class education that blends academic rigour with a modern, future-focused skills curriculum."Kephren Sherry will be the Head of Pelicans (Early years) and Junior School, with 28 years in education and 12 years in the international school system. "Joining The Perse School Singapore is an incredible opportunity to shape the future of education for thousands of children."Innovative CurriculumTPSS will offer a comprehensive education from early years (3 years) to senior school (18 years). The school's curriculum will prepare students holistically for the challenges and opportunities of the future, equipping students with academic rigour, critical thinking, problem-solving, and leadership skills. The Pelican Junior and Senior programs will follow the International Cambridge curriculum until iGCSE, with Years 12 and 13 adopting the International Baccalaureate (IB). The curriculum will have a strong emphasis on STEM subjects and bilingual programs, and will also integrate skills such as robotics, coding, and entrepreneurship into the core timetable.State-of-the-Art FacilitiesThe new campus will be located at 58 Chestnut Drive, the former site of Chestnut Drive Secondary School. The campus is undergoing significant renovations to create a state-of-the-art learning environment, with facilities that will include modern classrooms, a multi-purpose sports field, and specialised arts, music, and drama learning spaces. The first phase of the development is expected to be completed in time for the school opening in January 2025, with further development phases planned outside of school term time throughout 2025.Mission and Values of The Perse School SingaporeTPSS is under licence from The Perse School Cambridge International who will closely support the schools design and setup. With over 400 years of British academic excellence and heritage, the setup will be guided by a commitment towards academic excellence, extracurricular activity, and pastoral care to nurture well-rounded students. This is underpinned by The Perse core values of Endeavour, Intellectual Curiosity, Breadth and Balance, and Care for One Another and the Environment.Ed Elliott, Head of The Perse School Cambridge, remarks: "The close collaboration between our campuses will ensure the consistent delivery of The Perse's high standards and values. In a typical year, 40-50 Perse Cambridge pupils will receive offers from Oxford or Cambridge Universities. Perse Cambridge students received a combined 718 university offers this year, including 589 from the UK's prestigious Russell Group universities. Our success in university placements stems from an excellent academic education, complemented by our commitment to individual personal development through extracurricular programs like our Perse Exploration Society. These initiatives prepare students for further education, employment and adult life. Offering pathways to higher education and careers has been a hallmark of The Perse for centuries, and we aspire to extend these opportunities to our students in Singapore."A bank of imagery available for media use, including the leadership team, can be found on this drive link.About The Perse School (Singapore)The Perse School (Singapore), owned and operated by Future Education PTE LTD, offers an outstanding education affiliated with The Perse School Cambridge International. Perse Singapore's focus is on academic excellence, extracurricular activity, and pastoral care to nurture rounded students. Our core values—Endeavour, Intellectual Curiosity, Breadth and Balance, and One Another and the Environment—guide and shape the school's culture.About The Perse School CambridgeThe Perse School offers an excellent academic education complemented by extracurricular programs like the Perse Exploration Society. For more details, visit www.perse.co.uk.Contact: knsawtell@perse.co.uk  or sdarmitage@perse.co.ukContact Information:For media enquiries or more information, please email Contact@perse.com.sg. Social Media Links:Facebook Instagram: @Theperseschoolsingapore LinkedIn http://www.Perse.com.sgFor more information, please visit www.perse.com.sg Copyright 2024 ACN Newswire via SeaPRwire.com.

Qunabox Interim Report Announced: Revenue and Profit Continue to Grow

HONG KONG, Aug 19, 2024 - (ACN Newswire via SeaPRwire.com) - Entering mid to late August, the Hong Kong stock market began to enter the peak period of interim report disclosure. Some high-quality enterprises, with their unique business models and outstanding performance in management and operation, achieved significant performance growth and stood out in the Hong Kong stock market, such as Qunabox Group (00917. HK).Revenue and profit continue to grow significantly, set to be included in Hong Kong Stock Connect in SeptemberQunabox Group is the largest AI interactive terminals network company in China and also the pioneer in providing AloT marketing solutions through experiential intelligent terminals. It uses AI interactive terminals to deliver innovative, engaging and immersive product experiences which align with evolving market trends and consumer needs. It effectively connects fast-moving consumer goods (FMCG) brands with their customers and consistently delivers comprehensive marketing solutions that seamlessly integrate both online and offline channels, addressing a variety of scenarios.Qunabox Group was listed on the main board of the Hong Kong Stock Exchange in May 2024. As a newly listed company, in the first half of 2024, the Company delivered an impressive results in its debut after going public with innovative marketing models, precise market positioning, and efficient service execution.On 15 August, Qunabox Group released its 2024 interim results report. Data shows that in the first half of 2024, the Company recorded revenue of RMB515.1 million, representing a year-on-year increase of 41.7%; gross profit of RMB281.4 million, representing a year-on-year increase of 45.0%; and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of RMB121.4 million, representing a year-on-year increase of 35.9%. As at 30 June 2024, cash and cash equivalents and restricted cash amounted to RMB887.6 million. The rapid growth of performance, stable financial condition, and adequate liquidity not only demonstrate the Company's strong market competitiveness and growth potential, but also provide solid financial support for the Company's long-term high-quality development.According to the announcement of Hang Seng Indexes Company on 16th August, Qunabox Group has been successfully selected to be included as a constituent change of the Hang Seng Composite Index, which will become effective on 9th September. After the inclusion in Hong Kong Stock Connect, the Company will receive more attention from investors and its liquidity is expected to be further enhanced.Well recognized by market, AI interaction marketing becomes the main driving force for performance growthPublic information shows that Qunabox Group's business mainly includes marketing services, merchandise sales and other services, among which, marketing services revenue accounts for nearly 80%, being the core business segment of the Group.In terms of marketing services, in the first half of 2024, Qunabox Group accurately grasped market dynamics and industry development trends, continuously improved service capabilities and operational efficiency, and achieved significant growth in both customer base and revenue. During the period, revenue from marketing services segment amounted to RMB411.8 million, representing a year-on-year increase of 41.1%, and gross profit amounted to RMB245.7 million, representing a year-on-year increase of 42.9%, driving significant growth in the overall performance of the Company. In terms of customers, during the period, the Group provided marketing services to a total of 171 brand customers, representing an increase of 41 customers as compared to the same period last year; among them, the number of KA customers served was 30 and the average revenue per KA customer was RMB10.6 million, both of which increased as compared to the same period last year. It demonstrates the brand customers highly recognize the value of Qunabox’s marketing solution which is based on AI interactive terminal.In terms of the merchandise sales, in the first half of 2024, benefiting from the overall recovery of the consumption industry, improved effectiveness of its terminal network and its more cost-effective pricing strategy, Qunabox Group’s AI interactive terminals significantly enhanced their capabilities in merchandise sales, driving continuous growth in the merchandise sales business, with a substantial increase in the number of offline terminals. During the period, revenue from the merchandise sales business segment amounted to RMB78.4 million, representing a year-on-year increase of 48.8%, and gross profit amounted to RMB24.1 million, representing a year-on-year increase of 69.7%. Revenue from merchandise sales per terminal per day amounted to RMB58.9, an increase of 25.2% year-on-year, which further consolidated the Company’s leading position in the market.In addition, leveraging its technological strengths in the AIoT sector, growing demand for related developments, and its solid reputation, customer demand and the number of projects have continued to grow. This has driven revenue generated from other services increasing from RMB19.0 million in the first half of 2023 to RMB24.9 million in the first half of 2024, representing a year-on-year increase of 30.8%. This growth fully demonstrates the Company’s strong capabilities in the technical service sector.Continuously increasing investment in technology and data to enhance brand market competitivenessTechnology and data serve as pivotal sources of innovation for enterprises, constituting their fundamental competitive advantage. As China’s leading AI interaction marketing service provider, in the first half of 2024, Qunabox Group continued to increase its efforts to develop offline marketing activities featuring AI interactions, encouraging its intensified technical experts to deeply engage in the design of marketing activities. This aims to expand the application scenarios and range of multi-sensory AI interactions, such as scent emission, motion detection, and voice interaction, while also extending emotion recognition technology in a bid to further enrich the forms of AI interactions and improve service capabilities. In the domain of data and algorithm, Qunabox Group has consistently driven the exploration of data value and the commercialization of product to enrich its data product offerings. At the same time, it has also improved the performance of AI interactive terminals and the efficiency of internal operation.According to the interim report, the Company’s R&D expenditure increased from RMB27.3 million in the first half of 2023 to RMB37.5 million in the first half of 2024, representing a year-on-year increase of 37.3%. Continuous investment in R&D not only brings the Company the ability to upgrade its services and improve efficiency, but also lays a solid foundation for the Company’s business expansion and steady development in the future.Expanding into overseas markets for a second growth curveQunabox Group has officially announced the launch of its internationalization strategy, with the Middle East market serving as the first stop in its expansion into overseas markets. This further expands the Company’s development space and is expected to drive accelerated growth in its performance.In the medium to long term, as the consumer market will witness further revitalization, the consumer goods marketing industry is anticipated to become even more dynamic. The multi-channel, one-stop, closed-loop marketing solutions provided by Qunabox Group based on the AI interactive terminal network will be accepted and applied by more brands with its advantages of being more innovative, efficient, and precise, and its market value will continue to increase. Copyright 2024 ACN Newswire via SeaPRwire.com.

Retail Revolution in the Age of AI: Rockbird Media Launches 12th Retail and E-Commerce Summit Asia in Singapore

SINGAPORE, Aug 19, 2024 - (ACN Newswire via SeaPRwire.com) - A clear testament to the success of its past editions, Rockbird Media is thrilled to announce the 12th Retail & E-Commerce Summit Asia, set to unfold on September 26, 2024, at the One Farrer Hotel in Singapore. Themed “Retail Revolution: The Limitless Growth in the Age of AI,” this premier event is poised to dive deep into the seismic shifts reshaping the retail and e-commerce landscape.Despite its smaller population compared to regional neighbors, Singapore is on track to achieve a remarkable US$5,901 million in retail and e-commerce revenue by 2024. This impressive growth highlights the city-state's burgeoning role in the global digital economy and underscores the urgent need for businesses to adapt and thrive in this dynamic environment.The summit will offer an unparalleled opportunity for industry professionals to explore the latest trends and technologies driving the retail revolution. Attendees will benefit from keynote presentations, interactive breakout sessions, and panel discussions featuring leading experts. Personalized agendas, 1-on-1 meetings, and vibrant networking sessions will also be integral to the event, ensuring that each participant gains actionable insights and valuable connections.Singapore stands at the forefront of e-commerce innovation, and this summit will provide crucial insights into harnessing AI and technology for limitless growth, bringing together 100+ industry leaders and experts to shape the future of retail.For more information, including registration details, the in-depth agenda, speaker updates, pricing, and more, please visit https://rockbirdmedia.com/all_b2b/resa-singapore-2024/.About rockbird mediaRockbird media is an international business media company that produces B2B events and offers business solutions.Whether it is through online media and content, must-have business intelligence and analytics, effective networking, and partnering solutions, we help businesses and professionals learn more about the latest trends, and know more about their customers, peers, and competition, to make that decision that allows them to grow.Media contact:annjubelle@rockbirdmedia.com Copyright 2024 ACN Newswire via SeaPRwire.com.

Rockbird Media Unveils 16th HR Leaders and HR Tech Strategy Meeting: ‘Advancing into the Nexus of Human and Technology’ in Kuala Lumpur

KUALA LUMPUR, Aug 19, 2024 - (ACN Newswire via SeaPRwire.com) - With rapid HR advancements on the horizon, Rockbird Media is just in time to announce the 16th edition of the HR Leaders & HR Tech Strategy Meeting, taking place on September 24, 2024, at Berjaya Times Square, Kuala Lumpur, Malaysia. The event, themed “Advancing into the Nexus of Human and Technology,” will be a crucial platform for addressing the evolving role of technology in HR.As Malaysia’s HR Technology market is poised for a significant 12% compound annual growth rate (CAGR) over the next five years, this year’s gathering will focus on equipping HR professionals with strategies to integrate cutting-edge tools and bridge the technological skill gap. Attendees will explore methods to enhance operational efficiency, boost employee engagement, and optimize legacy systems with modern technology.One in a series of successful HR Strategy Meetings across Southeast Asia, its 16th edition will emphasize the urgent need for HR leaders to strategically adapt to technological advancements, providing a unique opportunity to engage with industry experts, share best practices, and prepare for the future.The event will feature keynote addresses, interactive breakout sessions, panel discussions, and one-on-one meetings, designed to offer actionable insights and foster networking among over 100+ CHROs and HR leaders from various industries.For more information, including registration details, the in-depth agenda, speaker updates, pricing, and more, please visit: https://rockbirdmedia.com/all_b2b/hrmy2024/About rockbird mediaRockbird media is an international business media company that produces B2B events and offers business solutions.Whether it is through online media and content, must-have business intelligence and analytics, effective networking, and partnering solutions, we help businesses and professionals learn more about the latest trends, and know more about their customers, peers, and competition, to make that decision that allows them to grow.Media contact:annjubelle@rockbirdmedia.com Copyright 2024 ACN Newswire via SeaPRwire.com.

趣致集团中报出炉:收入利润持续增长 9月即将入通

香港, 2024年8月19日 - (亚太商讯 via SeaPRwire.com) – 步入8月中下旬,港股市场开始进入中报披露高峰期,部分优质企业凭借自身独特的业务模式,以及在管理和运营方面的卓越表现,取得了显著的业绩增长,成为港股市场中的佼佼者,例如趣致集团(00917.HK)。收入利润持续大幅增长  9月即将入通趣致集团是中国最大的AI互动终端网络公司,也是以体验式智能终端提供AloT营销解决方案的首创者。其以AI互动终端为触点,提供适应市场更新迭代和消费者需求的创新、有趣、沉浸式的产品体验,连结快消品品牌与消费者,并持续为品牌客户提供线上线下相结合,适应多场景的全方位的营销解决方案。趣致集团于2024年5月在香港联交所主板挂牌上市。作为一家新晋上市公司,2024年上半年,公司凭借创新的营销模式、精准的市场定位以及高效的服务执行,为其上市后的业绩首秀交出了亮眼的成绩单。8月15日,趣致集团发布2024年中期业绩报告。数据显示,2024年上半年,公司录得收入人民币5.15亿元,同比增长41.7%;录得毛利人民币2.81亿元,同比增长45.0%;经调整EBITDA为人民币1.21亿元,同比增长35.9%。于2024年6月30日,现金及现金等价物以及受限制现金达人民币8.88亿元。高速增长的业绩、稳健的财务状况以及充裕的流动资金,不仅展现出了公司强大的市场竞争力和增长潜力,也为公司的长期高质量发展提供了坚实的财务保障。据恒生指数有限公司8月16日公告,趣致集团已成功获选,被纳入【恒生综合指数】的成分股,其将于9月9日正式生效。入通后,公司将获得更多投资者关注,公司流动性有望进一步提升。AI互动营销受市场认可 成业绩增长的主要推动力公开资料显示,趣致集团的业务主要包括营销服务、商品销售及其他服务板块,其中营销服务收入占比近8成,为集团核心业务板块。营销服务业务方面,2024年上半年,趣致集团精准把握市场动态和行业发展趋势,不断提升服务能力和运营效率,在客户基础和营收方面均实现了显著增长。期内,营销服务业务板块收入达人民币4.12亿元,同比增长41.1%;毛利为人民币2.46亿元,同比增长42.9%,推动公司整体业绩大幅增长。在客户方面,期内公司共为171名品牌客户提供了营销服务,较去年同期增加了41名;其中,服务的大客户数为30名,大客户的每名客户平均收入为人民币1,060万元,两者较去年同期均实现了增长,表现了品牌客户对于其所提供的基于AI互动终端营销解决方案价值的认可。商品销售业务方面,2024年上半年,得益于消费行业的整体复苏,终端网络效能的提升以及更具性价比的定价策略,趣致集团的AI互动终端在商品销售方面的能力得到显著提升,推动商品销售业务持续增长,线下终端数量显著增加。期内,商品销售业务板块收入达人民币7,845万元,同比增长48.8%;毛利为人民币2,410万元,同比增长69.7%。单终端的单日商品销售收入为人民币58.9元,同比上升25.2%,进一步巩固了公司在市场中的领导地位。此外,凭借在AIoT领域的技术领先优势、不断扩展的相关开发需求,以及公司在行业中的良好声誉,客户需求和项目数量持续增长,推动其他服务收入从2023年上半年的人民币1,905万元,显著上升到2024年上半年的人民币2,491万元,同比增长30.8%,充分反映了公司在技术服务领域的雄厚实力。不断加码技术和数据投入  提升品牌的市场竞争力技术和数据是企业创新的源泉,亦是企业的核心竞争力。作为中国AI互动营销服务的领导者,2024年上半年,趣致集团持续提升人工智能交互线下营销活动的开发力度,推动技术专家深入营销活动设计的经营实践,以扩大气味散发、动作识别、语音交互等多感官AI互动的应用场景、适用范围,同时拓展了情绪识别技术以进一步地丰富AI互动的形式,增强服务能力。在数据和算法方面,趣致集团一方面持续推动数据价值的挖掘和产品商业化开发,丰富数据产品;另一方面也不断提升AI互动终端网络的效能和内部运营效率。中报数据显示,公司研发开支由2023年上半年的人民币2,731万元增加至2024年上半年的人民币3,748万元,同比增长37.3%。持续的研发投入,不仅为公司带来了服务升级和提效的能力,还为公司后期的业务扩张和稳健发展打下牢固根基。开辟海外市场  或迎第二增长曲线趣致集团目前已正式宣布启动国际化战略,中东市场将作为其海外市场开阔的第一站,这进一步扩展了企业的发展空间,有望助推业绩的加速发展。中长期而言,随着消费市场将迎来更深层次的复苏,消费品营销市场亦将因此变得更加活跃和繁荣。趣致集团基于AI互动终端网络提供的多渠道、一站式、闭环的营销解决方案,凭借其更创新、高效、精准的优势,将被更多品牌所接受和应用,其市场价值将不断提升。 Copyright 2024 亚太商讯 via SeaPRwire.com.

OrbusNeich Records Net Profit of US$18.8 Million for the First Half of 2024

Results Highlights:- Revenue and net profit reached US$78.9 million and US$18.8 million, respectively.- APAC market revenue grew significantly by 31.0%, driven by both organic growth and contributions from SJ Medicare and PT Revass, the South Korean and Indonesian distributors acquired in Q4 2023.- Total sales volume of proprietary products remained at 717,000 units.- In 1H2024, the Group made extensive efforts to integrate eucatech AG, a German company acquired last year, into its operations and reorganize its production lines, and expects eucatech AG to resume production and shipment in Q3.- The Group has been actively registering products of eucatech AG in various countries and regions, and eucaLimus, a coronary drug eluting stent, has already received registration approval in Malaysia.- For the clinical studies of TricValve, patient enrollment has commenced in 13 hospitals in the PRC. In Japan, the Group is working closely with the Pharmaceuticals and Medical Devices Agency (“PMDA”) and the US Food and Drug Administration (“FDA”) to prepare for the clinical trial and registration process.- In May 2024, the Group engaged the main contractor for its largest R&D and manufacturing facility in Hangzhou, which is expected to begin operation in 2027, adding an annual production capacity of 2.4 million product units upon commencement of production.- The Group’s financial position remained strong, as evidenced by the cash and bank balances of US$246.7 million as of June 30, 2024.- The Group expects to maintain a stable dividend policy, demonstrating its confidence in future prospects.HONG KONG, Aug 16, 2024 - (ACN Newswire via SeaPRwire.com) - OrbusNeich Medical Group Holdings Limited (“OrbusNeich” or the “Group”; stock code: 6929), a major global medical device manufacturer specializing in interventional devices for percutaneous coronary intervention (“PCI”) and percutaneous transluminal angioplasty (“PTA”) procedures, today announced its interim results for the six months ended June 30, 2024 (the “Reporting Period”), with revenue and profit for the period attributable to owners of the Company maintained at US$78.9 million and US$18.8 million respectively despite various market challenges.Mr. David Chien, Chairman, Executive Director and Chief Executive Officer of OrbusNeich, said, “The global economy has been highly volatile in recent years, as a result of factors such as geopolitical tensions and major central banks shifting their monetary policies. Albeit the challenging external environment, we were able to seize the opportunity to implement a series of measures to enhance operational efficiency and integrate the businesses of SJ Medicare, PT Revass and eucatech AG acquired last year into our Group. We believe the investments made in the first half year are crucial to supporting our future sustainable growth.”For the Reporting Period, the Group’s revenue decreased slightly by 3.1% to US$78.9 million, mainly attributable to decline in sales volume in the US due to integration of Cardiovascular Systems, Inc. (“CSI”) into Abbott Laboratories (“Abbott”), and in the PRC market due to on-going impact of anti-corruption campaign, as well as the Group’s termination of distribution of certain third-party products, despite the significant sales growth recorded in APAC, as well as the modest revenue growth in Japan in terms of Japanese Yen. Excluding the impact of the foreign exchange fluctuations, total revenue would have recorded a slight year-on-year increase of 0.6%. Gross profit amounted to US$55.8 million while gross profit margin stood at 70.7%.Despite the decline in revenue and the short-term increase in expenses incurred by the Group’s series of measures to enhance operational efficiency and integrate the businesses acquired in the previous year, the Group maintained a healthy level of net profit for the first half of 2024. It is worth noting that, excluding the operating expenses of the newly acquired businesses, the three core operating expenses, namely selling and distribution expenses, general and administrative expenses and research and development expenses, for the first half of 2024, remained flat against the same period last year. As of June 30, 2024, the Group maintained a strong financial position with cash and bank balances of approximately US$246.7 million, laying a solid foundation to support its growth objective.Robust Balloon Sales in APAC and EMEAThe Group’s proprietary balloon products continued to gain traction worldwide. In the first half of 2024, revenue from the APAC market saw organic growth of a marked 8.6% year-on-year, thanks to strong balloon sales growth in markets such as Malaysia, Hong Kong, India, Vietnam and Singapore. Particularly, the latest generation of scoring balloon, Scoreflex TRIO, recorded a rapid rise in sales since it was launched in Malaysia in early 2024. Together with the additional contribution of US$4.3 million from the SJ Medicare and PT Revass, distributors acquired in South Korea and Indonesia respectively in Q4 2023, the revenue generated from APAC amounted to a total of US$24.0 million, representing a significant increase of 31.0% year-on-year.In addition, mainly attributable to the increase in sales of the Group’s proprietary balloon products in direct sales markets such as Germany, France and Spain, as well as distributor sales markets including Czech Republic and Slovakia, revenue generated from EMEA slightly increased by 1.3% to US$19.2 million, even being partly offset by the termination of distribution agreement with CSI for atherectomy products.During the first half of 2024, Scoreflex TRIO continued to drive revenue generated from Japan, the Group’s largest single-country market, in terms of Japanese Yen, achieving an 8.1% increase year-on-year.Integrating Newly Acquired Business to Drive Future GrowthFollowing the acquisition of eucatech AG in November 2023, extensive efforts were made to integrate eucatech AG into the Group’s operation and reorganize production lines. The Group has been actively registering eucatech AG’s four products, namely eucaLimus, Support C, Resistant, and VITUS, in various countries and regions to avail those products via the Group’s own sales network to physicians and patients in different markets. In the first half of 2024, eucaLimus was granted registration approval in Malaysia, one of the Group’s direct sales markets. Registration applications for eucatech AG’s products have also been submitted to relevant regulatory bodies in Hong Kong, Malaysia, Switzerland, Italy and Saudi Arabia and are pending approval. The Group also promoted eucatech AG’s products at major conferences including EuroPCR, as well as educated distributors about these offerings so that sales could be ramped up smoothly once the products become available.In April 2024, the Group supported eucatech AG’s on-site Medical Device Directive (“MDD”) and Medical Device Regulation (“MDR”) surveillance audit, as such, was able to extend the CE Mark expiration dates for their 4 products under the MDD framework. All these efforts are expected to see eucatech AG resume production and shipment in the third quarter of the year.Relentless Drive to Translate Innovations into Thriving Product LinesAs of June 30, 2024, OrbusNeich had an aggregate of over 50 approved products. The Group has maintained a steadfast commitment to translating its R&D efforts into commercially successful products. To date, the Group achieved major milestones, including:- Obtaining NMPA approval for Teleport Neuro, FDA approval for Teleport XT and JADE PLUS 14/18/35 OTW, CE Mark for Sapphire ULTRA and Sapphire NC ULTRA;- Submission of registration applications to the NMPA for its Guiding Catheter;- Completion of the clinical trial patient enrollment for Scoreflex TRIO in the PRC, with the NMPA application expected to be submitted in Q3 2024;- Preparation for the Sapphire 3 clinical trial in the US, with enrollment scheduled to begin in Q3 2024.Alongside these regulatory and commercialization efforts, the Group continued to invest in new pipeline products, such as the Corepass modular microcatheter, support catheter and the JADE Plus. Registration applications for these innovative offerings are planned for submission to various authorities in 2024.Meanwhile, the joint venture OrbusNeich P&F made significant efforts to advance the clinical studies of TricValve in two major Asia Pacific markets. Patient enrollment has commenced in the PRC for its clinical trial, and the clinical trial and registration process in Japan is being prepared in close collaboration with the PMDA and the FDA.Boosting Production Capacity through Rigorous Quality Processes and Operational ExcellenceThe Group has always prioritized product quality, which is ensured by a robust quality management system. During the Reporting Period, various sites successfully passed audits conducted by various regulatory and notifying bodies. Furthermore, the Group remains committed to enhancing operational efficiency and reducing production costs by continually optimizing manufacturing processes, work-in-progress inventory levels, and employee productivity. To meet future production needs, the Group will construct its largest R&D and manufacturing facility in Hangzhou, the PRC, for which it engaged the main contractor in May 2024 and which is expected to begin operation in 2027, adding an annual production capacity of 2.4 million units of products upon commencement of production.Mr. Chien concluded: “Looking ahead, as new sales strategies are being executed in the PRC and the US markets, we expect these key geographies will regain growth momentum in second half of the year. Meanwhile, OrbusNeich has maintained active efforts to expand our market presence. On the product front, we are leveraging our comprehensive sales network and brand recognition to market innovative endovascular intervention products to enhance the solutions we provide to the physicians. New products from eucatech AG which is expected to resume production soon will also contribute to improved profitability. We are also actively identifying M&A opportunities that align with our strategic priorities and position us for sustainable growth. Despite the first-half headwinds, we remain optimistic about restoring growth momentum soon and expect to maintain a stable dividend policy for shareholders based on our robust financial position.”- End -About OrbusNeich Medical Group Holdings LimitedOrbusNeich is a major global medical device manufacturer specializing in interventional devices for percutaneous coronary intervention (PCI) and percutaneous transluminal angioplasty (PTA) procedures. Headquartered in Hong Kong, China, OrbusNeich sells its products in more than 70 countries and regions worldwide. It is also actively expanding into neuro vascular intervention and structural heart disease. As of June 30, 2024, OrbusNeich has more than 230 granted patents and published patent applications worldwide. Its in-house R&D team has more than two decades of product development experience and has developed world-leading proprietary technologies.For more information, please visit the Group’s official website: https://orbusneich.com/. Copyright 2024 ACN Newswire via SeaPRwire.com.