Jakarta, Indonesia, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) is set to conduct its mega promotion campaign, Think Business, Think Hong Kong (TBTHK), in Jakarta on 8 January.The full-day symposium, set to take place at Shangri-La Jakarta, will bring together business leaders from Hong Kong and Indonesia. More than 20 government representatives and business leaders will speak about the latest developments and opportunities in Asia and across diverse sectors, including finance, smart city, sustainability, transportation, innovation and technology (I&T) and more. Over 1,000 participants, including Indonesian government officials and business leaders from large corporations and SMEs, are expected.TBTHK aims to showcase Hong Kong, a resilient business and investment hub, as an ideal springboard for Indonesian businesses to access new opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), as well as the wider China and Asia markets. Ronald Ho, HKTDC’s Regional Director of Southeast Asia and South Asia, said at a press conference in Jakarta, “Hong Kong's strategic location as an international financial, fundraising and investment hub and as the gateway between Mainland China and the rest of the world presents immense opportunities for Indonesian businesses seeking to expand in the GBA and Mainland China. We look forward to connecting businesses with opportunities at TBTHK in Jakarta on 8 January.” He continued, “the Hong Kong SAR Chief Executive led a delegation organised by the HKTDC last year to ASEAN, including Indonesia, which resulted in the signing of 15 MoUs. The TBTHK promotion will build on that previous success to further promote business cooperation between Indonesia and Hong Kong.”Event HighlightIn addition to the symposium, some 20 Hong Kong service providers and start-ups will feature their flagship products and solutions in the exhibition’s Business Support Zone and InnoVenture Salon to create opportunities for collaboration with Indonesian participants.A delegation of some 100 senior executives, innovators, start-ups and professional service providers from various service sectors – including I&T, infrastructure and transportation – will explore business opportunities in Indonesia through company visits, networking events and business matching meetings.A high-level gala dinner, during which Hong Kong and Indonesia business leaders will have the opportunity to further engage in dialogue and network, concludes the day’s events.Indonesia-Hong Kong strong tiesAs the largest country in Southeast Asia, Indonesia is an important partner for Hong Kong. Economically, Hong Kong and Indonesia have seen their trade and investment ties deepen over the past decades. In 2023, Indonesia was Hong Kong’s 6th largest trading partner among ASEAN member states.Regarding bilateral investment, at the end of 2023, Hong Kong was Indonesia’s 6th largest investor, after Singapore, Japan, the US, the Netherlands and Mainland China, with a total FDI stock of US$17,253 million. In the same year, Hong Kong was Indonesia’s 2nd largest source of FDI, after Singapore, with a FDI flow of US$3,769 million.Presenting Hong Kong as an Ideal Business PartnerHong Kong has consistently ranked high on economic freedom and competitiveness. Its institutional strengths, including its free trade and investment regimes, a simple and low tax system and free flow of capital and goods offer a favourable business and investment environment.As a major business and trading hub in Asia, the city boasts excellent connectivity to the rest of Asia, with half of the world’s population within a five-hour flight. The new three-runway system at Hong Kong International Airport will significantly enhance passenger and cargo capacity, further solidifying its status as an international aviation hub. With Mainland China at its doorstep, Hong Kong serves as a gateway to this vast market, acting as a super connector between China and the world. Home to numerous international logistics firms and experienced supply chain service providers, Hong Kong can address the needs of ASEAN businesses.ASEAN countries can leverage Hong Kong's status as a premier international finance and business centre to raise funds and attract investment for developing smart cities, advancing the manufacturing sector and enhancing sustainability initiatives. As the largest offshore RMB market, the city provides robust infrastructure for efficient clearing and settlement of cross-border transactions. Its supportive regulatory environment fosters innovation and collaboration among ASEAN nations, promoting economic integration and offering diverse options for trade settlement. Through strategic partnerships with central banks, Hong Kong is ideally positioned to facilitate the growth of local currency usage, strengthening trade and investment across the region.With its strategic location as a finance, fundraising, and investment hub, combined with its role as superconnector, Hong Kong presents immense opportunities for Indonesian businesses seeking to expand into the GBA, Mainland China, Belt and Road countries and the wider Asia market.For more information, visit:https://thinkbusinessthinkhk.com/2025-jakarta/symposium/en/index.htmlPhoto download: https://bit.ly/4iyAChiA press conference was held in Jakarta today, during which Ronald Ho, HKTDC’s Regional Director of South East Asia and South Asia, announced details of the Think Business, Think Hong Kong (TBTHK) mega promotion, taking place in Jakarta on 8 January.(from left) Ronald Ho, Regional Director, South East Asia and South Asia, HKTDC; Suwito, Chairman, Hong Kong and Macau Bilateral Committee, Indonesia Chamber of Commerce and Industry (Kadin Indonesia); Didit A. Ratam, Vice Chair, International Relations Division, Indonesia Employers Association (APINDO); Ira Sofwan, Deputy Chairman, DPP Indonesia Women Entrepreneurs Association (IWAPI); and Muhammad Aaron Annar Sampetoding, Chairman of International Relations, Indonesian Young Entrepreneurs Association (HIPMI), attended the Think Business, Think Hong Kong (TBTHK) press conference at the Shangri-La Jakarta today.Media enquiriesAdvo Public RelationsFriska Rani Tel: 081298980400 mail: friska@advo-indonesia.comHKTDC’s Communication & Public Affairs Department:Snowy Chan Tel.: (852) 2584 4525 Email: snowy.sn.chan@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
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SHENZHEN DOBOT CORP LTD Announces Proposed Listing on Main Board of The Stock Exchange of Hong Kong Limited
Investment Highlights- Player at the Frontline of the Booming Cobot Industry- Robust Research and Development Capabilities Guided by a Long-termist Mindset- Proprietary Full-stack Technologies Covering All the Key Aspects in the Cobot Development Cycle- Comprehensive Product Matrix Catering to a Wide Array of Use Cases- Successful Commercialization Underscored by Global Footprint and Clientele- Visionary and Experienced Management TeamHONG KONG, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - SHENZHEN DOBOT CORP LTD (“DOBOT” or the “Company”, together with its subsidiaries, collectively referred as the “Group”) has recently announced the details of the proposed listing of its shares on the Main Board of The Stock Exchange of Hong Kong Limited (“HKEx”) (the “Share Offer”).DOBOT plans to offer a total of 40,000,000 shares, subject to over-allotment option, comprising 2,000,000 Public Offer Shares and 38,000,000 Placing Shares, at an Offer Price range between HK$18.80 and HK$20.80 per Offer Share. The Public Offer opened at 9:00 a.m. on Friday, December 13 and close at 12:00 noon on Wednesday,December 18. The allotment results will be announced on Friday, December 20. Dealings in H shares on HKEx are expected to commence on Monday, December 23, under the stock code 2432.HK.Guotai Junan Capital Limited and ABCI Capital Limited are the Joint Sponsors. Joint Bookrunners are Guotai Junan Securities (Hong Kong) Limited, ABCI Capital Limited, China PA Securities (Hong Kong) Company Limited,Shenwan Hongyuan Securities (H.K.) Limited and TradeGo Markets Limited.Company OverviewDOBOT is one of leading companies that specializes in the development, manufacturing and commercialization of collaborative robots, or commonly known as“cobots.” DOBOT is a top 2 player in the global cobot industry and the No.1 player among all Chinese cobot companies, with a global market share of 13.0% as measured by shipment volume in 2023, according to the CIC Report. The global cobot industry is at a nascent stage of development, whose market size accounted for less than 2% of the global robot industry in terms of revenue in 2023. According to the same source, the Group ranked seventh in the global cobot industry with a global market share of 3.6% in terms of global revenue generated from cobots in 2023.The Group is focusing on industry innovation, particularly in cobot safety measures and AI capabilities, by introducing the flexible e-skin technology, SafeSkin, and launching AI-empowered cobots underpinned by its AI cobot empowering platform, X-Trainer. As of 6 December 2024, the Group offered a total of 27 cobot models in four series, catering to numerous use cases in manufacturing, retail, healthcare, STEAM education, scientific research settings and many more. During the Track Record Period, the Group sold a total of over 53,000 cobots globally.Business Model and Market OutlookCobots are robots with operational robotic arms intended for direct human-robot interaction or collaboration within a shared space or where humans and robots are operating in proximity. DOBOT is primarily engaged in the design,development, manufacturing and commercialization of cobots. Its cobot products are adopted by global customers for various use cases in manufacturing, retail, healthcare, STEAM education, scientific research settings and many more. All of the cobot products are designated Specialist Technology Products. The Group adopted a transaction[1] based model for the sales of the cobot products.The global cobot market size has grown significantly from US$466.6 million in 2019 to US$1,039.5 million in 2023,at a CAGR of 22.2%, and is expected to reach US$4,950.0 million by 2028, at a CAGR of 36.6% from 2023 to 2028.In particular, China is playing an increasingly important role in the global cobot market, with its share in the global cobot market projected to increase from 26.3% in 2023 to 37.2% in 2028, at a CAGR of 46.5% from 2023 to 2028.The proliferation of AI technologies is expected to further accelerate the adoption of cobots in more use cases. The Group believes DOBOT is well positioned to capture the substantial market opportunity.Financial HighlightsThe total revenue of the Group was approximately RMB174.3 million, RMB241.0 million, RMB286.7 million for FY2021, FY2022, FY2023, respectively, at a CAGR of 28.3% and increased by 9.6% from RMB109.9 million in the six months ended June 30, 2023 to RMB120.5 million in the six months ended June 30, 2024. The Group’s export volume of cobots has consistently ranked first in China for six consecutive years, according to the CIC Report.The Group recorded gross profit of RMB88.1 million, RMB98.2 million, RMB124.8 million, and RMB52.8 million in 2021, 2022, 2023 and the six months ended June 30, 2024, respectively. The gross profit margin in 2021, 2022 and 2023 was 50.5%, 40.8%, 43.5% and 43.9%, significantly above the industry average. The outstanding margin profile is largely attributable to the global distribution network and an international clientele. In 2021, 2022, 2023 and the six months ended June 30, 2024, overseas markets contributed 48.1%, 58.1%, 59.1% and 61.4% of the total revenue, respectively. The cost advantages also stem from the proprietary development of key components and in-house design and development of key components as well as economies of scale as demands for the products continue to grow, coupled with the ongoing ramp-up of the production base in Rizhao, Shandong. Being a major port city, Rizhao’s proximity to the port significantly reduces transportation costs, facilitating efficient global export of the products. The favorable margin profile not only improves the financial performance but also affords us more flexibility in marketing strategy tailored to an increasingly competitive landscape.In 2021, 2022 and 2023, the Group had losses for the year of RMB41.8 million, RMB52.5 million and RMB103.3 million, respectively, and in the six months ended June 30, 2023 and 2024, the Group had losses for the period of RMB51.7 million and RMB59.9 million, respectively. This mainly attributes to the fact that the Group is in the stage of expanding the Group’s business and operations in the rapidly growing cobot market and are continuously investing in research and development.Competitive StrengthsAs one of the leading companies in the cobot industry, the Group believes that its success is attributable to the following competitive strengths: Firstly, DOBOT is one of the leading players at the frontline of the booming cobot industry, which has been recognized by world-renowned customers for its outstanding technical capabilities and product strength, and has led to a number of advance technological innovations, especially in cobot safety measures and AI capabilities. At the same time, the Group adheres to the long-termist mindset and guides its product R&D, and the Group's research and development initiatives are geared towards sustainable growth and enduring impact. Leveraging its interdisciplinary research and development capabilities, the Group has become one of few in the global cobot industry, according to the CIC Report, that have developed proprietary full-stack technologies that cover all the key aspects in the cobot development cycle. In addition, the Group has a comprehensive product matrix catering to a wide array of use cases; More importantly, under the leadership of its experienced management team, the Group continues to expand its market share through the successful commercialization of its global business and customers.Growth StrategiesIn future, the Group pursues the following strategies to further grow the business: (1) continue to advance technology development, including further investing in the research and development of proprietary key components of cobots, investing in the research and development of AI technologies, further improving its motion control algorithms, and building a full-perception technology architecture to expand the perception and interaction capabilities of our cobots and continue to enhance the safety measures in human-robot collaboration to meet the requirements in various use cases; (2) continue to expand the Group’s product offering and ecosystem to maintain its competitive edge in comprehensive product offerings by further upgrading existing products and launching new products; (3) enhance production capabilities and capacity to streamline supply chain management by introducing advanced manufacturing technologies and equipment to the production lines; (4) further fortify the Group’s sales network to expand global reach. The Group plans to establish three overseas subsidiaries in Thailand, Mexico and United Arab Emirates to seize the business opportunities; and (5) selectively pursue strategic collaboration, investment and acquisition opportunities to integrate industry resources that may help the Group acquires new technologies, expand sales channels and tap into new industries where most of potential customers have their designated cobot integrators or suppliers.Mr. Liu Peichao, Founder, Controlling Shareholder, Chairman of the Group’s Board, executive Director and general manager of DOBOT concluded, “We are pleased to witness this significant milestone in the Group’s history.Through the Group’s listing on the Main Board of HKEx, we will tap into the international capital markets. This will not only broaden the Group’s capital and shareholder base, but will also provide us with capital to fund the Group’s expansion plan, which will finally strengthen the Group’s position in the industry and further enhance the Group’s competitive advantages, thereby driving the Group’s long-term development.”"Looking ahead, we are committed to further developing and consolidating the Group’s position in the collaborative robotics industry. The growth rate of the global collaborative robot industry will far exceed the growth rate of the traditional industrial robot industry. It is expected that the popularization of AI technology will further accelerate the adoption of cobots in more use cases. With considerable growth and the Group’s own full-stack technology, we look forward to capturing the global cobot market opportunity to maintain our leading position in the industry and create greater value for the shareholders."For further enquiries, please contact Bright Communications International Limited:Ms. Kung Mobile: (852) 46371627Email: ir@brightcommns.com Copyright 2024 ACN Newswire via SeaPRwire.com.
深圳市越疆科技股份有限公司公佈於香港聯交所主板上市的詳情
投資亮點- 處於蓬勃發展的協作機器人行業前沿參與者- 以長期主義思維為指引的強大研發能力- 自有全棧技術,覆蓋協作機器人開發週期所有重要環節- 可滿足廣泛使用場景的全面產品矩陣- 憑藉全球業務及客戶成功商業化- 高瞻遠矚且經驗豐富的管理團隊香港, 2024年12月13日 - (亞太商訊 via SeaPRwire.com) - 深圳市越疆科技股份有限公司(「越疆」或「公司」;與旗下子公司合稱為「集團」)最近公佈其擬於香港聯合交易所有限公司(「香港聯交所」)主板上市的詳情。越疆計劃發售40,000,000股,其中包括2,000,000股香港公開發售股份及38,000,000股國際發售股份,視乎超額配股權行使與否而定。每股發售價介於18.80港元至20.80港元之間。香港公開發售於二零二四年12月13日(星期五)上午九時開始,至二零二四年12月18日(星期三)中午十二時結束。配售結果將於二零二四年12月20日(星期五)公佈。越疆的H股股份擬於二零二四年12月23日(星期一)在香港聯交所主板開始買賣,股份代號為2432.HK。國泰君安融資有限公司和農銀國際融資有限公司擔任是次上市的聯席保薦人。國泰君安證券(香港)有限公司、農銀國際融資有限公司、平證證券(香港)有限公司、申萬宏源證券(香港)有限公司、TradeGo Markets Limited 為聯席賬簿管理人。公司概覽越疆是專門從事協作式機器人(通稱「協作機器人」)開發、製造及商業化的領先企業之一。根據灼識諮詢報告,按 2023 年的出貨量計,集團在全球協作機器人行業中排名前二,並在中國所有協作機器人公司中排名第一,全球市場份額為 13.0%。全球協作機器人行業正處於發展初期,按收入計,其於 2023 年的市場規模佔全球機器人行業不足2%。根據同一資料來源,按 2023 年全球協作機器人收入計,集團在全球協作機器人行業中排名第七,全球市場份額為 3.6%。集團專注於行業創新,尤其是在協作機器人安全措施及 AI 功能方面引入柔性電子皮膚技術 SafeSkin,並推出由 AI協作機器人賦能平台 X-Trainer 支持的 AI 賦能協作機器人。截至 2024 年 12 月 6 日,集團提供 4 個系列共 27 款協作機器人型號,可滿足製造、零售、醫療健康、STEAM 教育、科研等眾多領域的大量使用場景。於往績記錄期間,越疆在全球售出超過 53,000 台協作機器人。業務模式及市場前景協作機器人為具有可操作機械臂的機器人,用於在共享空間或人員與機器人近距離工作時進行直接的人機交互或協零售、醫療健康、STEAM 教育、科研場景等眾多領域的使用場景。集團的所有協作機器人產品均為指定特專科技產品。集團已採用基於交易的模式銷售協作機器人產品。協作機器人行業目前正處於快速增長期。全球協作機器人市場規模由 2019 年的 466.6 百萬美元大幅增加至 2023 年的 1,039.5 百萬美元,複合年增長率為 22.2%,預期到 2028 年達 4,950.0 百萬美元,2023 年至 2028 年的複合年增長率為 36.6%。特別是,中國在全球協作機器人市場中的地位日益重要,其佔全球協作機器人市場的份額預計將由2023 年的 26.3%上升至 2028 年的 37.2%,2023 年至 2028 年的複合年增長率為 46.5%。預期 AI 技術普及將進一步加快於更多使用場景中採用協作機器人。集團認為,越疆已具備有利條件,可把握重大的市場機遇。財務摘要集團於2021 財政年度、2022 財政年度及 2023 財政年度的總收益分別約為人民幣 174.3 百萬、241.0 百萬及人民幣286.7 百萬,複合年增長率為 28.3%,以及由截至 2023 年 6 月 30 日止六個月的人民幣 109.9 百萬元上升 9.6%至截至2024 年 6 月 30 日止六個月的人民幣 120.5 百萬元。根據灼識諮詢報告,集團的協作機器人出口量連續 6 年位列中國榜首。於2021 財政年度、2022 財政年度、2023 財政年度及截止 2024 年 6 月 30 日止六個月,集團的毛利分別為人民幣 88.1百萬元、人民幣 98.2 百萬元、人民幣 124.8 百萬元及人民幣 52.8 百萬元,而毛利率分別為 50.5%、40.8% 、43.5及 43.9%,遠高於行業平均水平。出色的毛利率主要歸因於集團的全球經銷網絡及國際客戶。於 2021 年、2022 年、2023 年及截至 2024 年 6 月 30 日止六個月,海外市場分別佔總收入的 48.1%、58.1%、59.1%及 61.4%。集團的成本優勢亦源於關鍵部件的自主開發、關鍵部件的自研設計及開發、產品需求持續增長帶來的規模經濟及山東省日照市生產基地不斷提升產能。作為主要港口城市,日照市毗鄰港口,極大降低了運輸成本,促進了集團產品的高效全球出口。集團良好的利潤不僅提高集團的財務表現,亦使集團能夠更靈活地制定營銷戰略,以應對日益激烈的競爭格局。集團於 2021 年、2022 年及 2023 年,集團的年內虧損分別為人民幣 41.8 百萬元、人民幣 52.5 百萬元及人民幣 103.3百萬元,而於截至 2024 年 6 月 30 日止六個月,集團的期內虧損為人民幣 59.9 百萬元。主要由於集團在快速增長的協作機器人市場中處於擴展業務及營運的階段,正在持續投資進行研發。競爭優勢作爲全球協作機器人的領先企業之一,集團擁有明顯的競爭優勢,使其在衆多競爭對手中脫穎而出。首先,越疆是蓬勃發展的協作機器人行業的前沿參與者,憑藉出色的技術能力及產品實力,獲得全球知名客戶的認可,並引領多項開創性技術創新,尤其是在協作機器人安全措施及 AI 功能方面;同時,集團堅持以長期主義思維指引研發,集團的研發計劃著眼於可持續增長及長遠影響;憑藉跨學科研發能力,集團已成為全球協作機器人行業中少數開發出自有全棧技術的公司之一,該技術覆蓋協作機器人開發週期所有重要環節;此外,越疆擁有全面的產品矩陣,可廣泛使用於各種場景;更重要的是,在經驗豐富的管理團隊帶領下,集團憑藉全球業務及客戶成功商業化,不斷擴大市場份額。增長策略未來,集團將透過以下策略實現業務的進一步增長:第一,繼續推進技術開發,包括進一步投資協作機器人自有關鍵部件的研發,投資研發 AI 技術,進一步改善運動控制算法,以及構建一個擴展協作機器人感知交互能力的全感知技術架構,繼續加強人機協作安全措施,以滿足各類使用場景的要求。第二,繼續擴大集團的產品組合及生態系統,進一步升級現有產品及推出新產品;第三,提高產能及能力以簡化供應鏈管理,集團擬通過於生產線上引進先進製造技術及設備提高產能;第四,進一步強化銷售網絡,擴大全球業務範圍,集團計劃於泰國、墨西哥及阿拉伯聯合酋長國成立海外附屬公司,以把握龐大商機;第五,選擇性尋求國內外協作機器人行業下游的戰略聯盟、投資及收購機會,助力集團獲得新技術、擴大銷售渠道及進入大部分潛在客戶均有其指定協作機器人集成商或供應商的新行業。越疆創始人、董事長、執行董事兼總經理劉培超先生總結道:「我們很高興能夠見證越疆的發展跨越了一個新里程碑。通過是次在香港聯交所主板上市,集團將踏足國際資本市場。這不僅能提升集團的資本及股東基礎,而且將為公司提供資金支持以進一步擴展業務,從而加強集團在業內的領導地位,强化競爭優勢,推動公司的長遠發展。」「展望未來,集團將致力於進一步發展和鞏固集團在協作機器人行業中的地位。全球協作機器人行業的增長率將遠超傳統工業機器人行業的增長率。預期 AI 技術普及將進一步加快於更多使用場景中採用協作機器人。憑藉可觀的增長及集團自有全棧技術,集團將積極把握全球協作機器人的市場機遇,保持我們於行業的領先地位,繼續擴大市場份額,為股東帶來持續的回報。」傳媒垂詢,請聯絡智升公關有限公司:龔小姐手機: (852) 46371627電郵: ir@brightcommns.com Copyright 2024 亞太商訊 via SeaPRwire.com.
Fosun Bolsters Core Business with Two Key Asset Privatizations
HONG KONG, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - On the evening of 10 December, Fosun Tourism Group (FTG) announced on the Hong Kong Stock Exchange its plan to repurchase shares at a price of HK$7.8 per share. This price represents a 111% premium over the closing price of the day before the last trading day. This privatization will raise FTG’s market value to HK$10.5 billion, and the announcement swiftly captured widespread attention.The market generally perceives this move as part of Fosun’s strategy to focus on its core businesses and consolidate resources to support its core industries with established advantages. In June, Fosun Pharma announced its plan to privatize its biopharmaceutical subsidiary, Shanghai Henlius, through a merger.Within a year, with two key subsidiaries announced for privatization, what strategy is Fosun pursuing? Analysts suggest that “These two subsidiaries are high-quality assets of Fosun, and their privatization reflects Fosun’s commitment to strengthening its focus on core businesses with established advantages. This move also indicates that Fosun has ample cash flow, enabling it to pursue sustainable growth and make flexible adjustments.”Recently, Fosun has been active in its core sectors, such as tourism and pharmaceuticals. The company recently co-organized a biopharmaceutical innovation forum and signed agreements with several high-profile institutions. It also shipped its independently-developed drug, HANQUYOU, to the U.S. and expanded Club Med into the Greater Bay Area. These actions demonstrate Fosun’s intention to focus on its core businesses, building momentum for high-quality growth.Focusing on asset-light operations to create long-term value through a “retreat to advance” strategy in the tourism sectorSince the trading halt of FTG on 27 November, speculation about its privatization has circulated widely in the market. The announcement on 10 December confirmed FTG’s privatization, with investors noting that the privatization is a win-win choice.According to public information, FTG has been a core subsidiary within Fosun’s Happiness business segment since its establishment. In the first half of 2024, it reported a business volume of RMB10.65 billion, with an adjusted EBITDA of RMB2.09 billion and a profit attributable to equity holders of the company of RMB320 million, reflecting a 20% increase compared to the same period in 2023, excluding the one-off gain on disposal of resorts.In recent years, FTG has faced challenges due to global macroeconomic environment, trends in the tourism industry, and the overall performance of the Hong Kong stock market. Since its listing, the company’s share price has not reflected its true value, and trading volumes have been low, limiting its financing capacity. The advantages of being a listed company have not been fully realized, while maintaining its listing status has incurred additional costs. Completing the privatization will not only resolve liquidity issues but also enhance strategic flexibility and focus on long-term sustainable development.As a flagship brand of FTG, Club Med has recently achieved a new breakthrough. On 29 November, Shenzhen, CITIC, and Fosun signed a cooperation framework agreement to launch Club Med at Jinsha Bay in Dapeng New District, a key area for tourism development in Shenzhen. This collaboration is viewed in the tourism industry as a powerful alliance, combining high-quality resources.Club Med Joyview, the product line set to debut in Jinsha Bay, is designed specifically for the Chinese market, focusing on urban short-distance vacations. It has already seen success in locations such as Qiandao Lake in Zhejiang and Heilongtan in Sichuan. Dapeng New District holds high hopes for the project, believing that the establishment of a Club Med resort in Jinsha Bay will “fill a gap in high-end family resorts in Shenzhen and enhance the international profile and tourism appeal of both Shenzhen and Dapeng New District.”Analysts noted that Fosun is increasingly strengthening its asset-light strategy in the tourism sector. By leveraging strong intellectual properties and operational capabilities, Fosun has been accelerating partnerships with local governments and state-owned enterprises to seize promising projects. In addition to launching Club Med in Jinsha Bay, the recent signing of the second phase of the Taicang Alps Resort and the launch of the ULTRAMED Hainan are also prime examples of this asset-light approach.“At first glance, Fosun’s move towards privatization may seem like a ‘retreat’. However, the clear strategic direction and the steady advancement of asset-light projects indicate that the company is actually ‘retreating to advance’. In an uncertain market cycle, this approach maximizes strategic flexibility, allowing a focus on long-term goals and sustainable development.”Strengthening the pharmaceutical sector and embracing integrated innovation with a global perspectiveIn addition to the tourism sector, pharmaceuticals continue to be a key pillar of Fosun’s business profile, with the company making significant strides in this area recently.On 2-3 December, Fosun co-organized the first “Greater Bay Area (GBA) Star” Biopharmaceutical Original Innovation Forum in Shenzhen. Just two weeks prior, it co-organized another forum themed on “Original Innovation” in Shanghai.By co-organizing two high-profile industry forums within a month, Fosun has demonstrated its leadership and influence in the biopharmaceutical field. Fosun also signed strategic cooperation agreements with Fudan University, Shanghai University, the Shanghai Institute of Materia Medica, Chinese Academy of Sciences, and Ruijin Hospital, among others, to jointly promote original innovation.Guo Guangchang, Chairman of Fosun International, said at the forum, “Good innovation must start from demand. In the biopharmaceutical sector, this means putting ‘patients first’. Additionally, innovation should maintain a ‘global perspective’, always embracing an open mindset and adhering to a win-win cooperation.”While driving innovation in the industry, Fosun has also made important breakthroughs in broaden its global market reach. On 29 November, the first batch of HANQUYOU, a trastuzumab biosimilar independently developed and manufactured by Shanghai Henlius, was shipped to the U.S.HANQUYOU is the first China-developed monoclonal antibody biosimilar approved in China, the EU, and the U.S. To date, it has been approved in 50 countries and regions, benefiting over 220,000 HER2-positive breast and gastric cancer patients globally. According to Shanghai Henlius, approximately 6.5 million units of HANQUYOU have been shipped globally since its commercialization in 2020. In 2023 alone, HANQUYOU contributed over RMB2.7 billion in sales revenue.Industry expert believes that successfully entering the U.S. market will significantly enhance the growth trajectory of HANQUYOU and lay a solid foundation for the overseas expansion of Shanghai Henlius’ products. “The reasoning is simple: by breaking into the toughest market, the company gains confidence when approaching other countries and regions.”After more than a decade of development, Shanghai Henlius has built a diversified and robust product pipeline encompassing over 50 molecules, covering areas such as oncology, autoimmune diseases, and ophthalmology. Currently, 6 products have been approved for marketing in China, 3 have been approved for marketing in overseas markets, and 24 indications have received approval, and 4 applications have been accepted by the National Medical Products Administration (NMPA), the U.S. Food and Drug Administration (FDA), and the European Medicines Agency (EMA) in the EU. In addition to HANQUYOU, products such as HANSIZHUANG, HANLIKANG, HANDAYUAN, and HANBEITAI maintain leading positions in their respective markets.Notably, in June, Fosun Pharma announced its plans to privatize its subsidiary, Shanghai Henlius, through a merger. The proposed purchase price is HK$24.6 per share, representing a premium of 36.67% over the closing price on the Hong Kong Stock Exchange on the undisturbed date, and a premium of 52.04% over the average closing price based on the daily closing prices of H Shares as quoted on the Hong Kong Stock Exchange for the 30 trading days immediately prior to and including the undisturbed date. The total cash consideration shall not exceed HK$5.407 billion. Following this announcement, Fosun Pharma’s share price surged significantly.The industry generally views this privatization as a way for Shanghai Henlius to implement its long-term strategy more flexibly, which will help avoid the pressures of market expectations and stock price volatility associated with being publicly listed. This move also allows for a fresh start, enabling the company to explore new development opportunities through asset restructuring and industry adjustments. Once privatized, Shanghai Henlius’ core capabilities and long-term value will be further realized, thereby enhancing Fosun’s competitive edge in the pharmaceutical sector.Strong financial position and ample cash flow recognized by domestic and international institutionsFrom a financial perspective, Fosun’s recent series of strategic moves reflects its solid financial standing and ample cash flow, enabling it to pursue various strategies, including privatization.As of 30 June 2024, the company’s cash, bank balances and term deposits reached RMB109.55 billion, representing an increase of approximately RMB17.1 billion since the end of 2023.Recently, S&P and securities firms such as CITIC, have released reports highly recognizing Fosun’s focus on its core businesses in the household consumption sector, its optimization of asset structure, and its successful U.S. dollar note issuance to broaden its funding channels. Several securities firms have assigned Fosun a “Buy” rating.S&P believes Fosun has adequate liquidity buffer to meet its debt maturities obligation over the next two years and expects Fosun to continue divesting its non-core assets, leading to a steady decline in its debt. Furthermore, as offshore subsidiaries reach maturity, Fosun International’s dividend receipts are expected to enhance significantly. Therefore, S&P maintained a “stable” rating outlook on Fosun International.CITIC Securities noted that since 2020, Fosun has focused on developing strategically core businesses with market leadership while optimizing its asset structure and financial position through the divestment of non-strategy and non-core assets. As the company deepens its global operations, enhances business synergies, and improves its technological innovation capabilities, it is poised to unlock long-term growth potential.Analysts expressed that with strong financial backing, Fosun is continuously enhancing its competitiveness by focusing on its core sectors and exploring new growth opportunities, thereby further releasing its long-term value. Copyright 2024 ACN Newswire via SeaPRwire.com.
Xeleb Joins Miss Charm as Exclusive Web3 Partner to Revolutionize Voting and Judging with Decentralization
Xeleb debuts misscharm.io with Miss Charm 2024 on 21 December in Ho Chi Minh, marking the first-ever use of blockchain in a beauty pageant.Contestant-issued MEME coins allow fans to directly support their favorite beauty queens, with a portion of proceeds benefiting charitable causesXeleb plans a Token Generation Event (TGE) in Q1 2025, with listings already secured on global top 5 crypto exchanges.Miss Charm’s contestantsHO CHI MINH CITY, VIETNAM, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - Xeleb, an online voting and judging platform for global talent contests has launched through an exclusive partnership with Miss Charm, an international beauty pageant. From global beauty pageants to song and model contests, Xeleb leverages decentralization and digital assets to reward fan participation and amplify audience interaction.Xeleb has launched with a mission to increase and monetize fan and viewer engagement for these contests. The global audience for talent contests is enormous, as evidenced by the 243 million total engagements for the 2024 Miss Universe live broadcast on Telemundo(1), and the 163 million viewers of the 2024 Eurovision Song Contest(2). Xeleb taps into this unparalleled engagement potential by creating an ecosystem where fans can vote, judge, and earn rewards through a decentralized platform powered by blockchain technology.This year’s edition of the Miss Charm global finals will be held in Ho Chi Minh City, Vietnam on December 21, featuring contestants from 38 countries.Xeleb has developed misscharm.io as the official digital hub for Miss Charm fans. Fans can access two innovative features:Telegram Game Powered by TON: Fans can cast votes and judge contestants, earning rewards in return.Miss Charm MEME Coins: Fans can purchase unique MEME coins issued by contestants, allowing direct support for their favorite beauty queens. A portion of any gains from these coins will benefit charities chosen by the respective contestants.The Miss Charm advisory team includes key players from global franchises such as Miss World, Miss Universe, Elite Models, and Ford Models. They are joined by experts in regulated global crypto platforms and token listing strategies on major exchanges. CEO Paul Vinciano, former owner of Elite Models Vietnam and Miss Vietnam, and his team also operate one of Vietnam’s leading crypto technology development firms.Paul Vinciano, CEO of Xeleb said “Xeleb is set to revolutionize fan and audience engagement in global talent contests through our blockchain-powered, tokenized voting and judging platform. By integrating decentralization and digital assets, we are creating an ecosystem that not only enhances interactivity but also empowers fans to play an active role in the success of their favorite contestants.”Xeleb’s launch is backed by strategic seed investment from tech investor Calvin Cheng, a former Singapore Parliamentarian, and current Honorary Consul of Serbia in Singapore. Calvin was also Head of Elite Models Asia and owned the franchise for Ford Supermodel of the World Singapore, Malaysia and China. He is also currently Chairman & Founder at Paymonade, one of the largest European digital asset on-off ramps, which counts Binance as a major client. He is also the founder of AEUR, one of the world’s largest listed Euro-backed stable coins.In conjunction with this launch, Xeleb is excited to announce the completion of a major funding round led by HashKey Capital. Other prominent investors include Amber Group, MEXC Ventures, Foresight Ventures, and Mirana Ventures. Notably, MEXC Ventures is the investment arm of MEXC Crypto Exchange, Foresight Ventures represents the investment division of Bitget, and Mirana Ventures serves as the investment arm of Bybit.“The team combines both world-class track records in entertainment as well as digital assets. I am honored to invest in Xeleb alongside crypto investment titans like HashKey, Amber, Mirana, Foresight and MEXC,” said Calvin Cheng.Looking ahead, Xeleb plans a Token Generation Event (TGE) in Q1 2025, with listings already secured on global top 5 crypto exchanges.(1) https://tinyurl.com/y94pk5ht (2) https://tinyurl.com/yrn2u8r2 About XelebXeleb (xeleb.io) is a cutting-edge online voting and judging platform designed to revolutionize global talent contests by leveraging blockchain technology. Launched in partnership with Miss Charm on misscharm.io, Xeleb empowers fans to engage more deeply in their favorite contests while earning rewards.Xeleb is backed by an experienced team of industry experts, including veterans from global beauty franchises and regulated crypto platforms. Strategic investments from industry leaders such as HashKey Capital, Amber Group, and Calvin Cheng have further solidified Xeleb's position as a trailblazer in the intersection of entertainment and blockchain.About Miss CharmMiss Charm 2024 is a global-scale beauty pageant, which aims to search for the most exceptional female representatives from different countries all around the world, to appreciate their beauty as well as their cultures and educational backgrounds. The judging criteria for the pageant will involve beauty, physique, intellect as well as the ability to captivate the audience with the appeal.For media inquiries and interview requests, please contact:Lee Ke Wei (Financial PR)(T) 6438-2990(E) kewei@financialpr.com.sg Copyright 2024 ACN Newswire via SeaPRwire.com.
Asia Video Industry Association Wraps Up 2024 Harnessing the Power of Advertising to Spur the Industry Forward
SINGAPORE, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - Between December 4-6, the Asia Video Industry Association (AVIA) closed off 2024 with three days of high-level meetings and conferences, covering Piracy, Policy, the annual OTT Summit alongside the advertising Upfront Showcases from leading streamers and publishers and the Annual General Meeting. The conferences brought together over 300 international and regional industry executives.Piracy Over The Top hosted by General Manager of the Coalition Against Piracy (CAP), Matthew Cheetham on 4thDecember saw a series of lively discussions with BBC Studios, beIN Sports, Meta, Malaysia’s Ministry of Domestic Trade and Cost of Living (MDTCL), NHK (Japan Broadcasting Corporation), Premier League, and TikTok, revolving around content protection, piracy trends, enforcement solutions and exclusive insights into what to expect in 2025. Key takeaways from these discussions highlighted the urgency of deeper collaboration between government, industry and intermediaries to clamp down on bad actors.The annual AVIA Policy Roundtable held behind closed doors and under Chatham House Rules saw a very high number of regulators from all around the region engaged in conversation with industry about the challenges and opportunities both face.The AVIA OTT Summit on 5th December this year turned to the world of advertising highlighting transformative trends and actionable insights for advertisers and media owners across the region. Kicking off the first session, Dhivya T, Lead Analyst – Head of Content & Platform Insights, Media Partners Asia (MPA), emphasized the growing shift to Connected TV (CTV) as traditional TV viewership declines, driven by its personalized, measurable appeal. CTV penetration is surging across APAC, with Japan and Korea expected to reach 80-85% active household penetration, and emerging markets like Thailand and Indonesia exceeding 50%. While user-generated content (UGC) dominates mobile platforms like YouTube and TikTok in Southeast Asia, premium streaming options like SVOD and Freemium retain significant scale. The Premium AVOD market in APAC (excluding China) is forecasted to grow at a 25% CAGR to over USD 8 billion over the next five years, with BVOD and SVOD as key drivers. Dhivya concluded by highlighting the growing opportunities in the Premium AVOD category and the undeniable dominance of YouTube and TikTok in mobile engagement.Raj Parekh, VP & Head of Digital Sales, Mediacorp, emphasized the role of innovative and engaging ad formats in driving user engagement, a sentiment echoed by Kanika Manglik, Vice President-Investment Strategy at GroupM. Speaking on the trends to expect, Jason Barnes, Chief Revenue Officer APAC, PubMatic, highlighted ongoing market consolidation and the evolution of Connected TV (CTV) into a full-funnel solution. Kanika further noted the growing consumer preference for watching content on larger screens, underscoring the shift toward more immersive viewing experiences. Both, Anannya Paliwal, Regional Director - Digital Solutions, Omnicom Media Group Asia Pacific, and Sunil Naryani, President Partnerships & Product Solutions, dentsu APAC noted that the difference in production techniques between UGC and professional content may be narrowing, but the category and nature of content is likely to remain very distinct.AI remains as one of the key trends to expect in 2025 for Jonathan Smith, SVP Product Data & Tech, GroupM and Anson Tan, Country Head – Singapore, Viu. Jonathan emphasized how generative AI is lowering barriers for smaller companies to create impactful advertisements while Anson highlighted the importance of collaboration between brands and agencies. Both Anson and Jonathan encourage advertisers to embrace experimentation and collaboration with media partners. In the other panel, Megan Reichelt, Country Manager, South East Asia, Hong Kong & Taiwan, Integral Ad Science, also foresaw a lot of close collaboration between tech parties and publishers to give confidence to advertisers while Christine Lau, Director of Yield Management, Viu, was confident that shoppable ads and deeper e-commerce integrations is expected to gain traction.James Wildbore, SVP & GM Global Ad Sales, BBC Studios, underscored the importance of maintaining the trust of audiences through BBC Verify. As the industry is evolving with more consumers using smart TV, Jolene Sng, Head of Agency Development, Samsung Ads shared that around half of all smart TV shipments will be within APAC by 2027 and advertisers should understand their consumers to ensure effective ads on various platforms. The preference for large screen viewing experiences and the benefit of getting traditional TV advertising with a modern and cost-effective approach was once again mentioned by James Ross, CEO, Lightning International, and Bhuvnesh Kanwar, Vice President, Revenue and Head of FAST, KC Global Media. The push for standardized audience measurement metrics remains critical in the discussions around addressing the challenges in programmatic and measurements for Erin Williams, Sales Director, APAC, CNN and Yann Courqueux, VP Entertainment, StarHub Ltd.In the closing discussion with AVIA’s CEO, Louis Boswell, on expanding content overseas, Ed Love, Head of Samsung TV Plus ANZ & South East Asia, Samsung Ads, highlighted how FAST (Free Ad-Supported Streaming TV) removes cost barriers, enabling efficient cross-market distribution. Having launched with 20 channels in the Philippines, Singapore and Thailand they are looking to aggressively grow this number and partnerships are key to this. Sharing insights into their plans over the next 12 months, Ed stressed that the focus will be on "local, local, and local", leveraging FAST’s lower market entry barriers to create a compelling linear offering.Running parallel to the OTT Summit, the Upfront Showcase spotlighted cutting-edge content and advertising opportunities from leading streaming and broadcasting publishers BBC Studios, iQIYI, Samsung Ads, StarHub and Viu. Attendees were treated to an exciting half day of insight and innovation.At the Annual General Meeting AVIA were pleased to announce the appointment of two newly elected Board members: Debra Richards, Director – APAC Content, Studio & Production Affairs – ANZ Public Policy, Netflix and Tim Harris, Vice President Transactional Sales and Emerging Media Asia Pacific, Sony Pictures Entertainment. AVIA also wishes to express its thanks to Yoly Crisanto, Chief Sustainability and Corporate Communications Officer, Globe, and Nick O’Donnell, former APAC Head of Public Policy of Netflix, for their contributions during their tenure.Also at the AGM, AVIA paid tribute to Matt McDonald, Senior VP and GM at Sony Pictures Television. He was presented with an award for distinguished service to the Asian video industry after many years of leading initiatives from ensuring channel frequencies were not affected when 5G services were rolled out to helping manage continuity of services throughout the pandemic, and especially in the first wave of lockdowns.Thanks to NBCUniversal and Netflix for their support for the Policy Roundtable. The OTT Summit was proudly sponsored by Gold Sponsors Irdeto, Publica and TV5MONDE; and Silver Sponsors INVIDI, Magnite, PubMatic and ShemarooVisit our media gallery for photos from event.About the Asia Video Industry AssociationThe Asia Video Industry Association (AVIA) is the trade association for the video industry and ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. AVIA is the interlocutor for the industry with governments across the region, leads the fight against video piracy through its Coalition Against Piracy (CAP) and provides insight into the video industry through reports and conferences aimed to support a vibrant video industry.For media enquiries and additional background information, please contact:Charmaine Kwan | Tan Teck Weecharmaine@avia.org | teckwee@avia.org www.avia.org | www.linkedin.com/company/asiavideoia|X: @AsiaVideoIA Copyright 2024 ACN Newswire via SeaPRwire.com.
連續私有化兩家核心企業 復星深化主業佈局
香港, 2024年12月13日 - (亞太商訊 via SeaPRwire.com) - 12月10日晚間,復星旅文在港交所發佈公告,宣佈擬以每股7.8港元的價格回購股份。該價格較最後交易日前一天的收盤價溢價111%。本次私有化將復星旅文的整體估值提升至105億港元。消息一出,引發廣泛關注。市場普遍認為,私有化復星旅文是復星聚焦主業、集中資源支持優勢產業發展的又一實質性舉措。此前,今年6月,復星醫藥宣佈,將通過吸收合併方式私有化旗下生物創新藥平台—復宏漢霖。一年內私有化兩家核心子公司,復星在下一盤什麼棋?分析人士表示:「這兩家公司都是復星旗下非常優質的資產,推動私有化反映出復星正加碼主業佈局,更加專注於優勢產業。而私有化本身也從側面印證復星擁有充沛的現金流,能夠支撐主業持續進擊和靈活調整。」事實上,在文旅、醫藥等主業賽道業務落地層面,復星近期也動作頻頻:連續承辦生物醫藥源頭創新論壇簽約多家高水平機構、自研藥漢曲優發貨美國、Club Med地中海俱樂部挺進大灣區……諸多跡象表明,復星正尋求通過錨定主業,蓄力高質量增長。文旅賽道「以退為進」,專注輕資產運營聚焦長期價值自11月27日復星旅文停牌以來,市場上便充斥著其將被私有化的猜測。12月10日靴子落地,復星旅文正式公佈私有化方案。有投資者表示:意料之中,私有化是一個雙贏選擇。公開信息顯示,復星旅文自成立以來,一直是復星「快樂」業務板塊的核心子公司之一。2024年上半年實現營業額人民幣106.5億元,經調整EBITDA為人民幣20.9億元;歸屬於股東之盈利為人民幣3.2億元,剔除一次性處置度假村收益後較2023年同期增長20%。近幾年受全球宏觀經濟、文旅行業及港股整體趨勢等因素影響,復星旅文在港交所上市以來股價水平未能反映其實際價值且交易量較小,融資能力受限,作為上市公司的優勢未能充分體現,而維持上市地位又增加了額外成本。私有化交易完成後,除了解決流動性問題外,還可提升戰略靈活性、聚焦長期可持續發展。作為復星文旅賽道的「明星」產品,Club Med地中海俱樂部近日也實現新的突破。11月29日,深圳、中信、復星簽署合作框架協議,將攜手在大鵬新區旅遊發展的核心區域金沙灣落地Club Med地中海俱樂部項目。這次合作,被文旅界視為「優勢資源濃度頗高」的強強聯合。本次落地金沙灣的地中海·鄰境(Club Med Joyview)產品線,是復星專為中國市場打造的城市短途度假系列。此前,該產品線已在浙江千島湖、四川黑龍灘等地取得成功。大鵬新區對項目寄予厚望,認為金沙灣Club Med「將填補深圳高端親子度假村的空白,進一步提升深圳市、大鵬新區的國際影響力和旅遊吸引力」。分析人士注意到,近年來復星在文旅賽道不斷強化「輕資產」戰略,憑藉強IP、強運營,加強與地方政府、央國企合作,提速搶灘前瞻性項目。除了金沙灣Club Med,今年完成簽約的太倉阿爾卑斯國際度假區二期、以及海南超級地中海項目的發佈也都是輕資產運營的典型代表。「從表面上看,復星在資本層面推出私有化,似乎是在『退』。但實際上,明確的戰略脈絡,以及穩步推進的輕資產項目,表明公司是在『以退為進』,在不確定的週期下,最大程度地增加戰略的靈活性,專注於長期目標,以實現可持續發展。」加碼醫藥賽道,堅持全球化視野下的整合式創新除了文旅賽道之外,醫藥作為復星產業版圖的重要支柱,近期也連續迎來重大進展。12月2日至3日,由復星承辦的首屆「灣區之星」生物醫藥源頭創新大會在深圳舉行。半個月前,另一場「源頭創新」論壇在上海圓滿落幕。短短1個月內接連承辦兩場高規格行業論壇,展現出復星在生物醫藥領域的領導地位和影響力。期間,復星還與復旦大學、上海大學、中科院上海藥物所、瑞金醫院等簽約啟動戰略合作,共同拓展源頭創新「活水」。復星國際董事長郭廣昌在論壇上表示:「好的創新一定要從需求出發,在生物醫藥領域,就是『一切以患者為先』,同時創新要堅持『全球化視野』,始終秉承開放的心態,始終堅持合作共贏。」在積極推動行業創新發展的同時,復星在全球市場拓展方面也取得了重要突破。11月29日,復宏漢霖自主研發和生產的曲妥珠單抗生物類似藥漢曲優首批發貨美國。這次「出海」美國的漢曲優是首個在中國、歐盟、美國三地獲批的「中國籍」單抗生物類似藥,目前已在50個國家和地區獲批上市,惠及全球超過22萬名HER2陽性乳腺癌和胃癌患者。據復宏漢霖官方披露,漢曲優自2020年開啟商業化至今,已完成全球商業化發貨約650萬支,僅2023年即貢獻銷售收入逾人民幣27億元。業內人士分析,此次成功打開美國市場,不僅將極大拉升「大單品」漢曲優的增長曲線,也為復宏漢霖其他產品的國際業務拓展奠定了堅實基礎。「原因很簡單,突破了最難的市場,其他國家和地區在對標引進時,也有了充足的底氣。」經過十餘年積累,復宏漢霖已佈局多元化、高質量的產品管線,涵蓋50多個分子,產品覆蓋腫瘤、自身免疫疾病、眼科疾病等領域,目前有6款產品在中國獲批上市,3款產品在國際獲批上市,24項適應症獲批,4個上市申請分別獲中國藥監局、美國FDA和歐盟EMA受理。除漢曲優實現上述突破外,漢斯狀、漢利康、漢達遠、漢貝泰等產品也在各自的細分領域上保持領先。值得一提的是,今年6月,復星醫藥發佈公告,擬通過吸收合併的方式私有化子公司復宏漢霖,要約收購價為每股港幣24.6元,對復宏漢霖H股不受干擾日收盤價的溢價為36.67%,對不受干擾日前30個交易日的溢價為52.04%。現金對價合計不超過約54.07億港元。消息披露後,復星醫藥股價連續大漲。業界普遍認為,私有化後復宏漢霖可以更加靈活地佈局長期戰略,避免因作為上市公司而承受的市場預期壓力及股價波動風險,也可以就此輕裝上陣,通過資產重組、產業調整等舉措轉型升級,探索新的發展機遇。完成私有化後,復宏漢霖的核心能力和長期價值將得到更大釋放,同時也會進一步增強復星在醫藥賽道的領先優勢。財務穩健現金流充裕,獲境內外機構認可從財務視角觀察,復星近期一系列進擊動作,也印證了其財務狀況保持穩健,擁有充足現金流來實現包括私有化在內的諸多戰略。財報顯示,截至今年上半年,復星現金、銀行結餘及定期存款達到人民幣1,095.5億元,較2023年底增加約人民幣171億元。近期,標普、中信、開源、方正等機構紛紛發佈報告,高度認可復星聚焦家庭消費主業,優化資產結構,並通過成功發行美元債拓寬融資渠道。多家機構給予「買入」評級。標普認為復星對未來兩年內到期債務的兌付留有充足的流動性安全墊,並預期復星將繼續退出非核心資產,債務將穩步下降,同時境外子公司步入成熟期將夯實復星的分紅收入。由此,標普維持復星國際「穩定」展望評級。中信證券表示,自2020年以來,復星聚焦發展有市場領導力的戰略核心業務,並通過退出非戰略非核心資產回籠資金優化資產結構及財務狀況。隨著公司進一步深化全球佈局,強化業務協同,提升科創水平,賦能產業發展,業績具有長期增長空間。分析人士表示,在穩健的財務支撐下,復星通過聚焦主業賽道不斷強化競爭力,挖掘更多新的增長極,長期價值將得到進一步釋放。 Copyright 2024 亞太商訊 via SeaPRwire.com.
Huatai Securities Hosts FinTech Summit in Hong Kong
HONG KONG, Dec 12, 2024 - (ACN Newswire via SeaPRwire.com) - Huatai Securities recently held its first Financial Technology Summit in Hong Kong, themed "Innovation with Technology, Shaping the Future of Finance". The summit brought together experts from government, academia, and industry to discuss AI trends in finance. Key speakers included Zhou Yi, CEO of Huatai Securities, Guo Yike, Provost of Hong Kong University of Science and Technology, and Tan Dai, President and Head of Volcano Engine, Bytedance.In his keynote speech, Zhou Yi stated: "Through technology, Huatai Securities continues to grow, building a strong tech infrastructure while expanding both its financial service offerings and customer base. In the AI era, we're committed to fostering an open ecosystem, supporting FinTech through capital and resources, while bridging global technology partnerships to drive industry transformation through innovation."Discussing generative AI's impact on financial services, Tan Dai highlighted three key trends: "First, broader scope - moving from internal efficiency improvements to enhanced client experience and service assistance. Second, greater depth - progressing from interactive experience innovation to business transformation, with AI enabling new human-machine collaboration models. Third, increased speed – streamlined AI resource management and intelligent agent development platforms now enable business teams to develop innovative applications as easily as building with blocks."At the summit, Huatai launched the Huatai Star CEO Global Accelerator Program, which targets founders of promising early-stage technology companies and aspiring entrepreneurs, pledging to offer comprehensive entrepreneurship training and investment-financing services through Huatai Securities' full-service platform. The company is strategically embracing the generative AI trend, forming ecosystem partnerships that leverage its financial expertise.At the summit, Huatai Securities presented its HUATECH Exhibition, showcasing cutting-edge solutions in cross-border financial services, AI-powered financial innovation, and ecosystem-building, drawing strong interest from attendees who explored and tested the platforms firsthand. On the exhibition, Huatai unveiled its independently developed Global Trading Platform, which offers comprehensive trading services with microsecond-level transaction speeds.During the roundtable sessions, tech startups from various segments shared their experiences and strategies in product innovation and global expansion. Infrastructure technology companies discussed the impact of large language models on enterprise IT architecture, focusing on key factors such as data and computing resources in the AI era.The summit underscored the Company's technological capabilities and global perspective. The company looks forward to participating in international competition with an open and diverse mindset while gathering international perspectives and advanced experiences to jointly build a diverse and innovative FinTech ecosystem.About Huatai SecuritiesIncorporated in April 1991, Huatai Securities is a leading technology-driven securities group in China, with a highly collaborative business model, a cutting-edge digital platform and an extensive and engaging customer base. It provides comprehensive financial services to individual and institutional clients, including wealth management, investment banking, sales and trading, investment management, etc., with a substantial international presence.For enquiries, please contact:Citigate Dewe RogersonBenny Liu Tel: +86 10 6567 5056 Linda Pui Tel: +852 3103 0118Email: HTSC@citigatedewerogerson.com Copyright 2024 ACN Newswire via SeaPRwire.com.
Hong Kong’s exports set for 4% growth in 2025
HONG KONG, Dec 12, 2024 - (ACN Newswire via SeaPRwire.com) - Hong Kong’s exports will grow by 4% in 2025, according to new figures released today by Hong Kong Trade Development Council (HKTDC) Research. The forecast, which forms part of the HKTDC’s annual Export Outlook, will see Hong Kong’s export levels continue on the upward trajectory maintained throughout 2024.In the last quarter every year, HKTDC Research announces an export forecast for the upcoming year, based on a basket of factors including global, regional and local economic performance.Strong demand in electronics, ASEAN and MainlandAccording to the Export Outlook 2025, electronics enjoyed a 13.5% year-on-year uptick in the first 10 months of the year. Over the coming 12 months, many of the factors that underpinned the sector’s success in 2024 will remain very much in play. Most notably, demand is expected to stay consistently strong among the global business community for AI-enabled systems.Irina Fan, Director of HKTDC Research, said: “Hong Kong’s rise in export levels in 2025 is likely to be continuously led by the electronics sector. At the same time, consumer sales are expected to be bolstered by the launch of a new generation of AI-integrated smartphones, PCs and other digital devices.”Potential US tariffs loomAlthough the underlying trend remains positive, the 2025 Export Outlook also highlighted a number of potential challenges that may impact Hong Kong’s export activity over the 12 months to come.These concerns stem from the well-publicised commitment on the part of President-Elect Donald Trump to impose massive tariff hikes on goods imported to the US from multiple sources, including Mexico, Canada and Mainland China. If this happens, it is widely expected that global trade flows will be adversely affected, while the process of trade diversion will be inevitably accelerated. In any such scenario, Hong Kong could reasonably expect its own export activity to be impacted.In addition to the general assumption among Hong Kong exporters that any knock-on consequences may only be minimal, however, there are also signs that Mainland China’s overall level of trade has not been unduly constricted by previous tariff arrangements. Indeed, even though two-thirds of Mainland Chinese exports to the US have been subject to tariffs since 2018, Mainland China’s global export share has actually risen from 12.7% six years ago to 14.1% in 2023. There is also some belief that President-Elect Trump’s proposed tariff regime actually represents more of an opening bid in a likely round of negotiations than an absolute certainty.Nevertheless, the threat of tariff rises, coupled with concern over growing geopolitical uncertainties elsewhere in the world, both played a part in the more cautious sentiments expressed by Hong Kong exporters as part of the 4Q24 HKTDC Export Confidence Index.This saw a fall in both the Current Performance Index (from 52.6 in 3Q24 to 50.3 in 4Q24) and the Expectation Index (from 51.4 to 50.0).Nicholas Fu, Senior Economist, said: “Exporters are particularly confident of their future prospects with regard to the ASEAN bloc and Mainland China with the respective Market Expectation Sub-Index readings well above 50 -- ASEAN (55.9) and Mainland China (52.7).”Contrasting fortunes for first and second half in 2025One clear indication from the overall level of caution recorded for 4Q24 is that exporters may try to hedge their bets in 2025 by accelerating their shipping schedules to mitigate the possible consequences of additional tariffs later in the year. The likely upshot of this is that activity will be far more intense in the first half of 2025, before decelerating sharply in the latter half.Irina Fan said: “While 2025 may be a year of two halves, characterised by differing levels of activity, we still see overall export growth as likely to be 4% after factoring in the concerns expressed by traders across a range of global economic uncertainties.”ReferencesHong Kong’s Export Outlook 2025: A Year of Two Halves https://research.hktdc.com/en/article/MTg2OTc1MzE0MAHKTDC Export Index 4Q24: Heightened Uncertainties Trigger Exporter Caution https://research.hktdc.com/en/article/MTg2OTc0OTM0MAHKTDC Research website: https://research.hktdc.com/en/Photo download: https://bit.ly/49ACrGDHKTDC Director of Research Irina Fan (left) and Senior Economist Nicholas Fu (right) announced Hong Kong’s Export Outlook 2025 and the HKTDC Export Confidence Index for the fourth quarter of 2024 at a press conference todayHKTDC Director of Research Irina FanHKTDC Senior Economist Nicholas FuMedia enquiriesPlease contact the HKTDC’s Communication and Public Affairs Department:Jane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
The Payment Cards Group Limited and Black Bear Merchant Services Limited Join Forces to Launch a New Brand ‘AbbyPay’
HONG KONG, Dec 12, 2024 - (ACN Newswire via SeaPRwire.com) - The Payment Cards Group Limited (“PCG”), a cloud-native payment processor and acquirer, and Black Bear Merchant Services Limited (the holding company of BBMSL Limited “BBMSL”) are pleased to announce the signing of a strategic alliance to establish a new brand and group holding company, ABBY Pay&Tech Holdings Limited ("AbbyPay"). Under this new strategic alliance, AbbyPay will leverage PCG's market leading position as an acquirer with principal memberships in all major card schemes including Visa, MasterCard, AMEX, UnionPay, and JCB. The combined group will also leverage strong digital payment technology capabilities from PCG’s A3A, Asia’s first cloud-based payment processing and settlement platform, in servicing BBMSL's strong customer base. This strategic alliance will accelerate PCG’s expansion in market share by covering 50,000 local merchants in Hong Kong and other Asia Pacific regions with multiple brands to meet diverse market demands and empower local merchants through innovative payment technology.From left to right: Mr. Barry Mak, representative of AbbyPay, Mr. Peter Wu, Founder of PCG, Mr. Gerald Yu, Chief Executive Officer of BBMSL, Ms. EsterChow, Chief Financial Officer of BBMSL, and Ms. Beatrice Tai, Co-Founder and Chief Operating Officer of PCG, jointly officiated the signing ceremony.Beatrice Tai, Co-Founder and Chief Operating Officer of PCG, said, "This strategic alliance marks an important milestone for PCG in the field of payment solutions in the Asia-Pacific region. With the technological advantages of our A3A platform, combined with BBMSL's stong market coverage, AbbyPay will provide innovative, seamless payment and settlement solutions for micro merchants, SMEs, and enterprises, rapidly and efficiently tapping into new markets across various industries in the Asia-Pacific region. We look forward to AbbyPay expanding its business footprint and further consolidating the local payment industry, strengthening PCG's leading market position in the payment sector.”Gerald Yu, Chief Executive Officer of BBMSL, said, "This strategic alliance represents PCG's high recognition of BBMSL's years of effort and achievements in the Hong Kong market, reflecting our potential and confidence in working together. Since 2017, BBMSL has held a significant market share in the local SME merchant market and has gained widespread recognition and support in Hong Kong. These advantages will lay a solid foundation for AbbyPay’s development. I look forward to working with AbbyPay to fulfill BBMSL's mission, grow alongside SMEs, and hope this partnership creates even greater achievements."Introducing Asia's first cloud-based payment processing and settlement platform, A3A, in the Asia-Pacific Region to unleash the potential of digital paymentsAbbyPay will offer Asia's first cloud-based payment processing and settlement platform, A3A, across markets in Japan, Singapore, Malaysia, and Thailand. Through a single API, A3A offers direct end-to-end processing with major card schemes (such as Visa, MasterCard, AMEX, JCB, and UnionPay), e-wallet networks, and mobile payment platforms. Comparing to traditional payment processing platforms, A3A boasts competitive advantages such as low integration fee, speedy and easy integration, instant settlement, and real-time transaction data insights.Mr. Barry Mak, representative of AbbyPay, shared AbbyPay's vision.Barry Mak, representative of AbbyPay, said, "We have entered a new era of payment in the Asia Pacific market. AbbyPay is groundbreaking in Hong Kong's payment industry and will disrupt the entire sector, bringing unprecedented opportunities. PCG has strong technological capabilities, while BBMSL has a solid customer base and market recognition in the local market. I firmly believe that AbbyPay has unlimited potential in Hong Kong and the Asia-Pacific region, leading future payment trends while serving and creating value for all types of merchants, from large chain restaurants to SMEs and micro merchants."About Payment Cards Group (“PCG")Payment Cards Group (“PCG”) is an innovative and leading payment technology company with operations in Singapore, Hong Kong and the Asia-Pacific region. Established in 2016, PCG has become an acquirer with principal memberships in all major card schemes and e-wallet networks. Its subsidiary, Yedpay, has firmly established itself as a payment acceptance business in Hong Kong. Meanwhile, A3A, another member of PCG, has developed a cloud-native payment processing platform that operates through RESTful APIs, significantly reducing costs and streamlining complex processes while providing users with real-time transaction data and insights. As an acquiring processor, PCG serves as the backbone infrastructure of the entire payment industry by its Asia’s 1st cloud-based processing and settlement platform. Rooted in Hong Kong with a global vison, PCG seeks to empower merchants with cutting-edge payment technology solutions and drive high-quality development in the global payment ecosystem. For more information, please visit PCG’s website: https://www.yedpay.com/en/For media enquiries, please contact:AJA (IR and Communications)Avy YuEmail: avy.yu@ajacapital.com.hkTel: (852) 9500 4443Eudice LawEmail: eudice.law@ajacapital.com.hkTel: (852) 9326 1113 Copyright 2024 ACN Newswire via SeaPRwire.com.
CIL Announces Breakthrough in Benzene Recovery, Addressing Cost, Environmental, and Supply Challenges for OLED Display Manufacturers
TEWKSBURY, MA, Dec 12, 2024 - (ACN Newswire via SeaPRwire.com) - Cambridge Isotope Laboratories, Inc. (CIL) has successfully developed and implemented a game-changing benzene-d6 recovery program, addressing major pain points for manufacturers of organic light-emitting diode (OLED) displays. This innovative service reduces costs, minimizes environmental impact, and conserves scarce deuterium supplies.OLED display producers rely heavily on deuterated benzene (benzene-d6) as a critical starting material in their synthesis processes. However, this results in significant quantities of depleted benzene-d6, which is no longer usable but still retains considerable deuterium value. The disposal of such depleted material poses environmental challenges and substantial expenses.CIL's benzene-recovery program offers a transformative solution. Customers can now return their depleted benzene-d6 to CIL, where it undergoes a proprietary re-enrichment process to restore it to virgin material quality. This service is available at a significant cost savings compared to new benzene-d6, providing significant economic benefits.Beyond the financial advantages, the program has far-reaching environmental and supply implications. It eliminates the need for costly disposal, reduces the demand on increasingly scarce deuterium (derived from heavy water, D2O) and conserves this vital resource for its growing applications in science, medical diagnostics, pharmaceuticals, and semiconductor production.Recycling offers several sustainable benefits. It reduces pollution by releasing fewer chemicals into the environment. Recycling also saves energy, as reprocessing chemicals like benzene requires less energy than producing them from raw materials. This leads to lower greenhouse gas emissions, helping to combat climate change."This initiative underscores CIL's commitment to collaboration and innovation in addressing our customers' most pressing challenges," said Cliff Caldwell, CEO of CIL. "By recovering and re-enriching depleted benzene-d6, we create a circular economy approach that is both economically and environmentally sustainable. As the world's largest supplier of benzene-d6, we are uniquely positioned to deliver this groundbreaking service."CIL's benzene recovery program is the result of 12 months of dedicated development, expansion, and rigorous testing to ensure reliable capacity and uncompromising quality. CIL invites interested parties to inquire about the program's details and how to participate.About Cambridge Isotope Laboratories, Inc.CIL is the world's largest manufacturer and global supplier of stable isotopes and stable isotope-labeled compounds used in research, environmental, pharmaceutical, medical diagnostic, OLED, and industrial markets. CIL subsidiary ABX, located in Dresden, Germany, is active in the development and commercialization of radio isotopic-labeled compounds for the diagnosis and treatment of cancers. CIL is an operating business owned by Otsuka Pharmaceutical. The CIL business consists of two facilities in the Boston, MA, area; a large isotope-enrichment production plant in Xenia, OH; CIL China; CIL Canada; ABX in Dresden, Germany; and Eurisotop in Saclay, France. For more information on CIL, visit isotope.com.Contact InformationCrissy Kriskocrissyk@isotope.com1.978.269.1930SOURCE: Cambridge Isotope Laboratories, Inc. Copyright 2024 ACN Newswire via SeaPRwire.com.
Loop Industries Completes Convertible Preferred Financing With Reed Societe Generale Group and Sells First Technology License For An Infinite Loop Manufacturing Facility in Europe
REED SOCIETE GENERALE GROUP INVESTS €10 MILLION IN LOOP VIA A CONVERTIBLE PREFERRED SECURITY AT A $4.75 CONVERSION PRICE.LOOP COMPLETES ITS INAUGURAL SALE OF AN INFINITE LOOP™ TECHNOLOGY LICENSE, GENERATING AN UPFRONT PAYMENT OF €10 MILLION.FORMATION OF A EUROPEAN PARTNERSHIP TO DEPLOY INFINITE LOOP™ MANUFACTURING TECHNOLOGY.PROCEEDS TO SUPPORT CONSTRUCTION OF THE INFINITE LOOP™ FACILITY IN INDIA AND FINANCE LOOP'S OPERATIONAL CASH REQUIREMENTS.LOOP MANAGEMENT TO HOLD UPDATE CALL AT 8:45 AM ET on December 13, 2024MONTREAL, QUEBEC, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - Loop Industries, Inc. (Nasdaq:LOOP) (the "Company," "Loop," "we," "us," or "our"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and textile-to-textile ("T2T") polyester fiber, has secured €10 million through a convertible preferred security financing with Reed Societe Generale Group, a European investment firm majority-owned by the bank Societe Generale. Additionally, as part of the Reed Societe Generale Group transaction, Loop has finalized the sale of its first Infinite Loop™ technology license, generating an initial €10 million payment, with additional milestone-based payments from Reed Societe Generale Group to follow.The Reed Societe Generale Group transaction marks a pivotal step in Loop's commercialization strategy, enabling the deployment of its patented recycling technology across Europe and supporting capital investment in cost-effective manufacturing regions, including its joint venture in India with strategic partner Ester Industries Ltd. Proceeds from the financing and licensing deal will fund the Indian project and Loop's operational cash flow needs.Key terms of the €10 million convertible preferred security include:13% PIK dividend rate5-year termConvertible to Loop common stock at $4.75 per share or redeemable in cashThe technology license will be granted to a European partnership owned 90% by Reed Societe Generale Group and 10% by Loop, which is being formed to develop Infinite Loop™ manufacturing facilities in Europe. Loop retains the right to increase its equity stake in the European manufacturing facility, as well as potential future facilities, to a maximum of 50% for each facility. The license is to build one Infinite Loop™ manufacturing facility in Europe. Future facilities under this partnership will require the purchase of additional technology licenses from Loop.The license sale underscores the commercial readiness of Loop's technology, validated by four years of successful operations at its Terrebonne facility, which supplies bottle-grade PET resin for consumer packaging and T2T polyester fiber to advance circular fashion for apparel brands. Loop is committed to expanding the reach of its proven solution to the plastic waste global issue by partnering with well-financed, reliable customers through technology licenses and engineering services. This strategy allows Loop to address global demand in regions where it does not plan to build facilities, driving further growth and value creation while focusing Loop's internal resources and capital on direct equity investments.With regulatory approval for Societe Generale's acquisition of a 75% stake in Reed Societe Generale Group finalized, it is positioned to deploy capital into this and other projects. The previous condition precedent to closing relating to government funding is no longer applicable, although Loop expects that such additional financing will be available when the Indian project is approved to begin construction. Funding for both the financing and the initial payment for the technology license is expected within seven business days following the incorporation of the European partnership company.Julien Touati, CEO of Reed Societe Generale Group, commented: "Reducing dependency on virgin plastics is a global challenge. We are proud to support the rollout of Loop's technology in Europe by becoming the majority shareholder of this European partnership. This strategic investment allows us to leverage Loop's unique expertise and strong relationships with world-class brands committed to decarbonizing their supply chains. It fits perfectly with our ambition to actively contribute to the industrialization of Europe's circular economy, significantly reduce pollution, and foster sustainable growth.""The sale of our first technology license is a transformative milestone, proving the scalability and market readiness of our Infinite Loop™ technology," said Daniel Solomita, CEO and Founder of Loop Industries. "Our financing agreement and partnership with Reed Societe Generale Group propels us into a new phase of growth - expanding into Europe with strategic precision while advancing our flagship Infinite Loop™ project in India. These strategic steps align with our long-term investment vision and underscore our commitment to innovation, scalability, and delivering exceptional value for our shareholders. I look forward to working closely with Julien and his team at Reed Societe Generale Group in leading the circular economy in plastic packaging and circular fashion in Europe."Corporate Update CallSenior Management of Loop will host a corporate update call, followed by a question-and-answer session, which can be accessed via the dial-in numbers below.Date: Friday, December 13, 2024Time: 8:45 am Eastern TimeParticipant joining details (by Telephone):United States (Local): +1 404 975 4839United States (Toll-Free): +1 833 470 1428Access Code: 625641ORRegistration Link: https://www.netroadshow.com/events/login?show=2e808989&confId=75536- Avoid wait time - Bypass speaking with an operator to join the call- Receive a Calendar Invitation with call access details including your unique PINAbout Loop IndustriesLoop Industries is a technology company whose mission is to accelerate the world's shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and polymerized to create virgin-quality Loop™ branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling our customers to meet their sustainability objectives. Loop™ PET plastic and polyester fiber can be recycled infinitely without degradation of quality, successfully closing the plastic loop. Loop Industries is contributing to the global movement towards a circular economy by reducing plastic waste and recovering waste plastic for a sustainable future.Common shares of the Company are listed on the NASDAQ Global Market under the symbol "LOOP."For more information, please visit www.loopindustries.com. Follow Loop on Twitter: @loopindustries, Instagram: loopindustries, Facebook: Loop Industries and LinkedIn: Loop IndustriesForward-Looking StatementsThis news release contains "forward-looking statements" as defined in the U.S. Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "should," "could," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or "continue," the negative of such terms or similar words. These forward-looking statements include, without limitation, statements about Loop's market opportunity, its growth strategies, plans and timelines for completing the €10 million convertible preferred stock financing and technology license sale, plans for use of expected proceeds, ability to improve and expand its capabilities and seek additional financing, and plans for future growth and future operations including expansion in Europe and advancing the joint venture in India. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond Loop's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with among other things: (i) our ability to commercialize our technology and products, (ii) the status of our relationships with our partners, (iii) development and protection of our intellectual property and products, (iv) industry competition, (v) our need for and ability to obtain additional funding relative to our current and future financial commitments, (vi) our ability to continue as a going concern, (vii) engineering, contracting, and building our manufacturing facilities, (viii) our ability to scale, manufacture, and sell our products in order to generate revenues, (ix) our proposed business model and our ability to execute it, (x) our ability to obtain the necessary approvals or satisfy any closing conditions in respect of any of our proposed partnerships, (xi) our joint venture projects and our ability to recover certain expenditures in connection them, (xii) adverse effects on the Company's business and operations as a result of increased regulatory, media, or financial reporting scrutiny, practices, rumors, or otherwise, (xiii) public health issues, such as disease epidemics, which may lead to reduced access to capital markets, supply chain disruptions, and government-imposed business closures, (xiv) war, regional tensions, and economic or other conflicts that could impact market stability and our business; (xv) the effect of the continuing worldwide macroeconomic uncertainty and its impacts, including inflation, market volatility and fluctuations in foreign currency exchange and interest rates, (xvi) the outcome of any Securities and Exchange Commission ("SEC") investigations or class action litigation filed against us, (xvii) our ability to hire and/or retain qualified employees and consultants, (xviii) other events or circumstances over which we have little or no control, and (xix) other factors discussed in Loop's Annual Report on Form 10-K for the fiscal year ended February 29, 2024 filed with the SEC and in Loop's subsequent filings with the SEC. More detailed information about Loop and the risk factors that may affect the realization of forward-looking statements is set forth in Loop's filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. Loop assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise, unless otherwise required by law.For More Information:Investor Relations:Kevin C. O'Dowd, Investor RelationsLoop Industries, Inc.+1 617-755-4602kodowd@loopindustries.comMedia Inquiries:Andrea Kostiuk, VP Marketing & CommunicationsLoop Industries, Inc.+1 (450) 951-8555akostiuk@loopindustries.comSOURCE: Loop Industries Copyright 2024 ACN Newswire via SeaPRwire.com.
華泰證券在香港舉辦金融科技峰會 構築金融與科技融合新生態
香港, 2024年12月12日 - (亞太商訊 via SeaPRwire.com) - 12月10日,華泰證券(股份代號:6886.HK)在香港舉辦2024年度金融科技峰會。本次峰會以「智創科技,共塑金融新未來」為主題,邀請政府、學界、業界的金融科技專家和生態合作夥伴匯聚一堂,聚焦人工智能浪潮下全球金融科技發展的最新趨勢,共同探討科技與金融的共生融合,構建更加多元、可持續發展的金融科技生態。華泰證券首席執行官周易、香港科技大學首席副校長郭毅可、火山引擎總裁譚待等出席會議並發表演講。周易在主旨演講中表示:「科技已內化為華泰證券變中求進、不斷超越的關鍵力量和底層基礎。在此過程中,我們凝聚了扎實的技術底座、豐富的金融場景和廣泛的客戶基礎。在人工智能帶來的新一輪變革浪潮前,華泰證券將堅持開放生態、合作共贏、共建共享,以資本和資源多維度助力金融科技生態的構建,以自身作為紐帶拓展全球科技生態鏈接,以科技的力量來引領金融行業的變革。」近年來,生成式人工智能正在重塑金融行業服務模式和底層邏輯,並在金融行業不同場景下展現出巨大應用潛力。譚待談到大模型在金融行業的落地時指出,他看到三個明顯趨勢:「第一是更有寬度,由對內降本增效為主逐步嘗試邁向提升對外體驗和服務的助手;第二是更有深度,從交互體驗創新為主逐步邁向業務邏輯創新帶來業績增長,人工智能更加深入業務流程,多智能體協同,人和機器新的協作方式也不斷湧現;第三是更有速度,簡潔的AI資源管理平台和智能體開發平台,讓業務人員可以用類似搭建積木一樣的方式開發創新應用。」華泰證券亦積極擁抱生成式人工智能浪潮,針對實際需求廣泛開展生態合作,充分發揮金融專業優勢,通過實際的使用需求推動建設和發展,,在提升華泰自身的科技能力的同時,助力合作夥伴加速成長。峰會正式發佈為優秀早期科技企業創始人及潛在創業者打造的孵化項目 - 華泰創星全球CEO加速營。該項目將充分調動華泰證券全業務鏈平台資源,為創業者提供全面、持續、一站式的創業培訓和投融資服務。會議現場,華泰證券設置了HUATECH主題展覽,展示公司在跨境一體服務、AI重塑金融、共建創新生態方面的前沿科技應用和解決方案,與會者積極參觀並試用。展覽上首次發佈華泰自主研發,全力打造的新一代交易平台 - 全球交易平台,該平台連接香港、美國、新加坡等國際市場,提供全方位、全品種、全生命周期的金融資產交易服務,提供微秒級別交易時速。如何更好抓住人工智能浪潮下的新機遇並依托技術優勢在全球市場尋找差異化價值?峰會的兩場圓桌環節上,深耕AI產業鏈不同環節及交叉行業的數家優秀創業公司分享了他們在業務出海中遇到的挑戰和思考;專注底層基礎設施的前沿技術公司分享了關於大模型技術棧對企業建設信息技術架構和企業級應用的衝擊,並圍繞數據和算力等AI時代的關鍵變量分享了前沿洞察。這是華泰證券首次在香港舉辦科技主題峰會,旨在向國際機構投資者、科技生態夥伴及全球企業客戶全面系統呈現公司數字化轉型以來沉澱的技術能力及生態共創成果。華泰證券表示,希望通過此次香港峰會,將扎實的底層技術能力、前沿的科技趨勢洞察和開放共贏的合作理念推向更廣闊的國際舞台,以開放、多元的心態參與國際競爭,匯聚國際視野和先進經驗的同時,共同構建更加多元、可持續發展的金融科技生態。 Copyright 2024 亞太商訊 via SeaPRwire.com.
Accurate Background Appoints Mark Thompson Managing Director, Australia and APAC
IRVINE, CA, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - Accurate Background, the world's largest independent provider of compliant background checks and monitoring solutions, announced it has strengthened its global leadership team with the appointment of Mark Thompson, Managing Director, Australia and Asia Pacific region (APAC). In support of Accurate's vision to make every hire the start of a success story, Mark will lead Accurate's growth teams in the region. Mark's experience in building high-performance teams, driving enterprise sales and client retention, and leveraging data-driven strategies aligns with Accurate's goals to rapidly expand in the APAC region. Reporting to Dan Shoemaker, Chief Revenue Officer, Mark will spearhead the development and execution of sales strategies to drive market share, client growth, and regional innovation."I am thrilled to welcome Mark to the Accurate team and am confident he will make an immediate impact on our growth in the region," said Dan Shoemaker. "Mark brings extensive experience not only growing businesses but also delivering a high standard of customer experience that is a hallmark of Accurate throughout the world."Mark joins Accurate with over two decades of strategic sales and marketing leadership in B2B markets. With a proven track record in revenue growth, team leadership, and market expansion, Mark successfully led sales and marketing initiatives across industries including background screening, financial services, and data solutions."I'm honored to join Accurate Background at such an exciting time in the region. Employment screening plays a vital role in building trust and ensuring workplace integrity, and I look forward to collaborating with our talented team to deliver exceptional service and innovative solutions to our clients," said Mark Thompson. "With Accurate's strong global foundation, I believe we are uniquely positioned to expand our impact and support government and businesses across the region in navigating an evolving employment landscape."Accurate's recent launch of Accel, a next-generation platform that is 100% Australia-hosted, marks a significant milestone in our commitment to providing market-leading capabilities for local organizations.About Accurate BackgroundOur vision is to make every hire the start of a success story. As a trusted provider of employment background screening and workforce monitoring services, Accurate Background gives companies of all sizes the confidence to make smarter, unbiased hiring decisions at the speed of demand.Experience a new standard of support with a dedicated team, comprehensive technology and insight, and the most extensive coverage and search options to advance your business while keeping your brand and people safe. To learn more, visit accurate.com.Media ContactMedia@Accurate.comSOURCE: Accurate Background LLC Copyright 2024 ACN Newswire via SeaPRwire.com.
BBMSL與Yedpay HK強勢聯手推出全新品牌「AbbyPay」
香港, 2024年12月12日 - (亞太商訊 via SeaPRwire.com) - 金融雲支付處理及收單機構交易寶有限公司The Payment Cards Group Limited(「PCG」)與樋熥商戶服務有限公司Black Bear Merchant Services Limited(為BBMSL Limited「BBMSL」之控股公司)欣然宣佈共同簽署成立全新策略聯盟,建立新品牌及集團控股公司ABBY Pay&Tech Holdings Limited(「AbbyPay」),全資持有BBMSL及Yedpay HK。AbbyPay將借助PCG所持有的Visa、Mastercard、美國運通、銀聯和JCB直接授權的收單行(Acquirer)身份,結合亞洲首個金融雲電子支付處理和結算平台A3A及BBMSL強大客戶基礎,加強為香港及其他地區商戶提供電子支付收款服務。這次策略聯盟除了提升市場佔有率,覆蓋本地商戶達至50,000,以多個品牌服務市場不同要求,同時亦加速以支付科技賦能本地商戶,整合本地支付行業。左至右:AbbyPay代表麥晉傑先生、交易寶有限公司創辦人胡靜波先生、BBMSL行政總裁余孟滔先生、BBMSL財務總裁周愛詩女士、交易寶有限公司聯合創辦人及營運總監戴錦瑜女士共同主持簽約儀式。PCG聯合創辦人及營運總監戴錦瑜Beatrice Tai表示:「這次聯手標誌著PCG在亞太地區支付解決方案領域的重要一步。憑藉我們A3A平台的技術優勢,結合BBMSL的市場影響力,AbbyPay將能為微型商戶、中小企業及大型商戶提供創新、無縫的支付和結算解決方案,並快速高效地開拓新市場,在亞太地區覆蓋多個行業。我們期待著AbbyPay繼續擴展業務版圖,進一步整合本地支付行業,加強PCG在支付行業的市場地位。」BBMSL行政總裁余孟滔Gerald Yu表示:「這次的行動充分代表了PCG對BBMSL多年專注香港本地市場的努力和成就的高度認可,亦反映了對我們共同協力的潛力和信心。自 2017年,BBMSL在香港中小微企商戶市場擁有顯著的市佔率,並獲得香港市場的廣泛認同與支持。這些優勢將為AbbyPay的發展奠定堅實的基礎。我期待未來與AbbyPay攜手履行BBMSL的使命、與中小企共同成長,並祝願此合作能創造更輝煌的成就。」在亞太地區引入亞洲首個金融雲電子支付處理和結算平台A3A,釋放電子支付潛力AbbyPay將在日本、新加坡、馬來西亞及泰國等亞太地區市場提供亞洲首個金融雲電子支付處理和結算平台A3A,通過單一API,為主要發卡機構(如:VISA、MasterCard、美國運通、JCB和銀聯)、電子錢包網絡及流動支付平台提供直接端點處理。相比傳統支付處理平台,A3A具備低整合費用、快速簡單整合、即時結算及實時交易數據洞察等競爭優勢。AbbyPay代表麥晉傑先生分享AbbyPay願景。AbbyPay代表麥晉傑Barry Mak表示:「我們現已進入了一個全新的支付時代,AbbyPay在香港支付行業中具有開創性意義,亦會顛覆整個行業,帶來前所未有的機遇。PCG擁有強大的科技實力,而BBMSL則在本地市場擁有深厚的客戶基礎和市場認可。我深信,AbbyPay在香港及亞太地區擁有無限潛力,將引領未來的支付趨勢,能海納各類商戶、由大型連鎖餐飲連鎖龍頭至中小微企,為各類商戶創造價值、領先同儕。」關於Payment Cards Group (PCG)Payment Cards Group (「PCG」)是一家創新且領先的支付科技公司,業務遍及新加坡、香港及亞太地區。成立於2016年,PCG已發展成為一家收單機構,擁有所有主要發卡機構和電子錢包網絡的主要會員資格。PGG旗下的子公司Yedpay已在香港建立穩固領先的支付業務,而另一成員A3A則通過RESTful API開發了金融雲支付處理系統,這不僅顯著節省成本、減少複雜的流程,還為用戶提供實時交易數據和洞察。作為收單處理商,PCG憑藉其亞洲首個金融雲處理和結算平台,為整個支付行業提供了重要支持。公司將秉持「扎根香港,放眼全球」的策略,以尖端的金融科技賦能商戶,助力全球支付生態實現高質量發展。欲查詢更多資料,請瀏覽PCG網站:https://www.yedpay.com/zh/如有傳媒垂詢,請聯絡:AJA (IR and Communications)庾婉華 (Avy Yu)電郵:avy.yu@ajacapital.com.hk電話:(852) 9500 4443羅思正 (Eudice Law)電郵:eudice.law@ajacapital.com.hk電話:(852) 9326 1113 Copyright 2024 亞太商訊 via SeaPRwire.com.
慶祝安安可可到港 霸王茶姬聯合《HELLO PANDAS 熊貓駕到》戶外嘉年華
香港, 2024年12月12日 - (亞太商訊 via SeaPRwire.com) - 12月11日,為慶祝大熊貓安安與可可到港,霸王茶姬聯合《Hello Pandas 熊貓駕到》戶外嘉年華,1600份限量禮包免費大放送,與港同慶!與此同時,霸王茶姬都致力於參與大熊貓保育,也希望通過這次機會,更加多的參與到香港公益項目當中,為香港社會的發展出一份力。即日起至12月21日,霸王茶姬將參與尖沙咀文化中心【HELLO PANDAS熊貓駕到】戶外嘉年華,於AB市集區設置專屬攤位,為香港市民帶來豐富的優惠禮品及趣味互動,將現代東方茶文化與萌趣熊貓主題完美結合,以更廣闊的緯度宣傳大熊貓文化,共同促進大熊貓保育事業的發展。現場,霸王茶姬將放送1600份「奇遇萌友冰箱貼」優惠券禮品包(價值$118),包括買一送一券、買二送一券、2張$8現金券及香港限定大熊貓冰箱貼。此外,霸王茶姬還計劃邀請120位茶友免費去海洋公園探訪大熊貓。通過霸王茶姬小程序、外賣平台KEETA、Foodpanda或Deliveroo下單,既有機會獲得香港海洋公園門票一張。每個平台各送30張,活動日從12月19日持續至12月21日,每日第1、6、8、9、11、12、17、26、28及66的下單者有機會獲得門票一張。自2017年成立以來,霸王茶姬始終堅持「以東方茶,會世界友」的企業使命,願景是「未來為100個國家茶友每年提供150億杯現代茶」。企業社會責任方面,霸王茶姬做了系列公益舉措,包括開設無聲門店、持續關注鄉村兒童健康成長、在多地設立兒童服務站並提供物資、與美團、壹基金共同支持鄉村兒童操場建設、向湖南省袁隆平農業科技獎勵基金會捐贈獎學金,用於9所高校的農業科研及教育事業等。9月28日霸王茶姬香港首店正式開業,營業前兩天累計銷售杯量近1萬杯,人氣爆棚。霸王茶姬香港相關負責人表示,霸王茶姬在香港有長期業務規劃,未來希望為香港公益貢獻一份力量。 Copyright 2024 亞太商訊 via SeaPRwire.com.
Volatus Aerospace Welcomes UK-Based Air Data Systems to its Ecosystem, Expanding Global Capabilities
TORONTO, ON, Dec 11, 2024 - (ACN Newswire via SeaPRwire.com) - Volatus Aerospace Inc. (TSXV:FLT)(OTCQX:TAKOF)(FSE:ABBA) is pleased to announce the integration of key assets and capabilities from Air Data Systems (ADS), based in the United Kingdom, marking a strategic expansion of its global aerial solutions ecosystem. This collaborative arrangement strengthens Volatus' position as a leader in aerial intelligence and logistics by opening doors to new opportunities and partnerships in critical industries.ADS specializes in streamlining large-scale and complex surveys and data acquisition projects for industrial applications such as asset management, inspection services, oil & gas, utilities, and environmental services.The transaction, structured with a success-fee model tied to future contract outcomes, aligns the interests of both organizations and highlights the significant potential of this collaboration. As part of this agreement, Volatus has acquired the ADS brand, website, and domain, along with a robust £5 million sales opportunity pipeline.To further enhance this partnership, Mark Currass, former Managing Director of ADS, has joined Volatus Aerospace as Executive Consultant, Global Business Development. With decades of expertise in the UAS sector and a proven track record of delivering results, Mark will spearhead growth initiatives and leverage the combined capabilities of Volatus and ADS to unlock new markets and drive innovation."The integration of Air Data Systems into the Volatus ecosystem represents a powerful joining of forces," said Glen Lynch, CEO of Volatus Aerospace. "Mark's leadership and expertise, combined with the opportunities this partnership brings, will enable us to expand our global reach, strengthen our industry-leading capabilities, and deliver unmatched value to our clients in sectors such as oil and gas, power utilities, public safety, and agriculture."This partnership also reinforces Volatus' extensive capabilities, including expertise in beyond visual line of sight (BVLOS) operations, advanced thermography solutions, and geomatics services. With over 10,000 BVLOS flights completed and an industry-leading operations control center, Volatus continues to set benchmarks for innovation and operational excellence.About Volatus AerospaceVolatus Aerospace is a leader in innovative global aerial solutions for intelligence and cargo. With deep technological and subject matter expertise and over 100 years' worth of combined institutional knowledge in aviation, Volatus provides meaningful aerial solutions for end users across various industries using both piloted and remotely piloted aircraft systems (RPAS or drones). We are committed to enhancing operational efficiency, safety, and sustainability through innovative, real-world aerial solutions.About Air Data SystemsAir Data Systems specializes in innovative Unmanned Aerial System (UAS) solutions, providing expert services across multiple industries. ADS brings decades of experience in technology, engineering, and regulatory compliance, now seamlessly integrated into Volatus Aerospace's global ecosystem.Forward-Looking InformationThis news release contains statements that constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding: (i) the anticipated benefits of, and estimated revenue to be generated by, the master service agreement; (ii) the business plans and expectations of the Company; and (iii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs of management as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management's current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company's current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the anticipated benefits and revenues of the master service agreement to the Company; the commercialization of drone flights beyond visual line of sight and potential benefits to the Company; meeting the continued listing requirements of the TSXV; and including, but not limited to, those factors set forth in the Company's Annual Information Form under the section "Risk Factors". Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.TSXV: FLT.VMedia ContactDanielle GagneHead of Marketing and Communicationsdanielle.gagne@volatusaerospace.com+1-579-977-5066SOURCE: Volatus Aerospace Corp. Copyright 2024 ACN Newswire via SeaPRwire.com.
BDO announces winners of the 6th BDO ESG Awards 2024
HONG KONG, Dec 11, 2024 - (ACN Newswire via SeaPRwire.com) - BDO, the world’s fifth largest accountancy and advisory network, has announced the winners of the 6th BDO ESG Awards (the Awards). The winning companies have integrated ESG principles and climate change considerations into their business strategies. They have actively emphasised the importance of ESG and promoted its development by implementing influential and long-term sustainable development measures. This year, the Awards received strong support from listed companies, with more than 110 companies participating at the nomination stage, a six-year high. All finalists were invited to attend the awards ceremony to witness the winners honoured. (Click here or view the full list below*)Once again, “Carbon Neutrality” has been selected to be this year’s theme, emphasising the important role that companies play in mitigating climate change and shaping a green future. The Theme Awards are dedicated to recognising listed companies that have demonstrated best practices in “Carbon Neutrality”, including reducing carbon emissions and planning and adopting relevant measures. The companies competing for this year’s Theme Awards were outstanding and evenly matched. A total of three companies won this award, setting a new record.Mr Andrew Lam, Managing Director, BDO, said, “The BDO ESG Awards first launched in 2018 when listed companies began to explore the implementation of ESG initiatives. Today, we are pleased to see that an increasing number of listed companies are recognising the importance of ESG and pursuing long-term ESG development. The Awards have now gained considerable market recognition, and as an advocate of sustainable development, BDO is delighted to see an increasing number of Hong Kong-listed companies paying attention to ESG. Through the judging process, we have observed that the quality of the ESG initiatives implemented by the participating companies has improved and become more forward-looking. As the importance and influence of ESG continues to grow, we hope to work with all kinds of industries through the Awards to improve Hong Kong's green standards and consolidate the city’s position as a green financial centre.”Mr Johnson Kong, Managing Director, BDO, said, “In light of growing social awareness of sustainability and social responsibility, more and more investors and organisations are incorporating ESG factors into their investment decisions and tend to support companies that meet ESG standards. By implementing ESG policies, companies can build a good reputation that will enhance their competitiveness and attract more investors. As a professional in this field, BDO is committed to supporting Hong Kong-listed companies in various areas, such as assisting them in ESG reporting and risk management, and providing them with recommendations to improve ESG performance. We hope the Awards will raise ESG awareness among all stakeholders in society so that more listed and unlisted companies in Hong Kong will prioritise the importance of ESG practices in the future.”Mr Ricky Cheng, Director and Head of Risk Advisory, BDO, said, “This year’s winners come from a variety of industries, and all of the nominated companies have demonstrated outstanding performance in various areas of competition. BDO is proud of the winning companies dedicated to sustainable development, and we are thrilled to support all those who are making strides toward a more environmentally friendly and responsible business landscape through this award and our expertise.”BDO ESG Awards 2024 Winners (listed in alphabetical order) Best in ESG – Large Market CapitalisationBOC Hong Kong (Holdings) Limited (02388.HK)HKT Trust and HKT Limited (06823.HK)Lenovo Group Limited (00992.HK)Best in ESG – Middle Market CapitalisationAAC Technologies Holdings Inc. (02018.HK)Kerry Properties Limited (00683.HK)Xinyi Solar Holdings Limited (00968.HK)Best in ESG – Small Market CapitalisationConcord New Energy Group Limited (00182.HK)Shun Tak Holdings Limited (00242.HK)Yuexiu Services Group Limited (06626.HK)Best in Reporting – Large Market CapitalisationHKT Trust and HKT Limited (06823.HK)Sino Biopharmaceutical Limited (01177.HK)Techtronic Industries Company Limited (00669.HK)Best in Reporting – Middle Market CapitalisationKerry Properties Limited (00683.HK)PCCW Limited (00008.HK)Xinyi Solar Holdings Limited (00968.HK)Best in Reporting – Small Market CapitalisationNew World Department Store China Limited (00825.HK)Xinyi Energy Holdings Limited (03868.HK)Yuexiu Services Group Limited (06626.HK)ESG Report of the Year – Large Market CapitalisationHKT Trust and HKT Limited (06823.HK)ESG Report of the Year – Middle Market CapitalisationKerry Properties Limited (00683.HK)ESG Report of the Year– Small Market CapitalisationYuexiu Services Group Limited (06626.HK)Outstanding ESG Performance of H-Share CompaniesChina Tower Corporation Limited (00788.HK)Shanghai Electric Group Company Limited (02727.HK)ZTE Corporation (00763.HK)Theme AwardsLenovo Group Limited (00992.HK)Yuexiu Property Company Limited (00123.HK)ZTE Corporation (00763.HK)Photo CaptionsBDO representatives and panel of judges attend the BDO ESG Awards 2024Presentation Ceremony.Representatives of the award winners, BDO, and panel of judges pose for agroup photo at the BDO ESG Awards 2024 Presentation Ceremony. Note to editorsAbout BDO Limited BDO's global organisation extends across 166 countries and territories, with more than 115,600 professionals working in over 1,770 offices - and they're all working towards one goal: to provide our clients with exceptional service. BDO was established in Hong Kong in 1981 and is committed to facilitating the growth of businesses by advising the people behind them. BDO Hong Kong provides an extensive range of professional services including assurance services, risk advisory services, specialist advisory services and tax services. For more details, visit www.bdo.com.hk.ContactsSala LoSenior Marketing Manager and Team HeadBDO Hong KongHeidi LauSenior Marketing ManagerBDO Hong Kong Strategic Financial Relations LimitedVicky LeeYoko LiTel +852 2218 3042Mobile +852 9613 5175salalo@bdo.com.hkTel +852 2218 2325Mobile +852 9285 4151heidilau@bdo.com.hkTel +852 2864 4834sprg_bdo@sprg.com.hkTel +852 2864 4813sprg_bdo@sprg.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.
Everest Medicines Announces the First Prescription of VELSIPITY(R) Issued in Macau
SHANGHAI, Dec 12, 2024 - (ACN Newswire via SeaPRwire.com) - Everest Medicines (HKEX 1952.HK, "Everest", or the "Company"), a biopharmaceutical company focused on the discovery, clinical development, manufacturing and commercialization of innovative therapeutics, today announced that the first prescription of VELSIPITY(R) (etrasimod) has been issued on December 11th at Kiang Wu Hospital in Macau. It is also the first prescription issued for VELSIPITY(R) within Everest Medicines' licensed territories in Asia following its approval, marks the official beginning of this new therapy benefiting patients across Asia.VELSIPITY(R) is an innovative advanced therapy that was officially approved by the Pharmaceutical Administration Bureau of Macau in April 2024. It is an oral treatment taken once daily for the treatment of patients aged 16 and above with moderately to severely active ulcerative colitis (UC). UC is a chronic, relapsing, idiopathic inflammatory disease, and with prolonged disease duration, the risk of disability and colorectal cancer incidence continues to rise."As a next-generation S1P receptor modulator, VELSIPITY(R) can provide patients with a chance for corticosteroid-free remission, mucosal healing, and rapid symptom relief." said Prof. Wu Kaichun with the First Affiliated Hospital of AFMU, the principal investigator for etrasimod's Asia clinical trial." The recently announced results of the Asian multicenter Phase III clinical study for induction and maintenance periods further confirm the clinical advantages of VELSIPITY(R). We look forward to VELSIPITY(R) being approved in other regions of Asia soon to benefit more patients.""The first prescription of VELSIPITY(R) in Macau marks another milestone in the commercialization process of Everest Medicines." said Rogers Yongqing Luo, Chief Executive Officer of Everest Medicines." By 2030, the number of patients with UC in China is expected to more than double compared to 2019, reaching approximately 1 million, with a significant unmet need for innovative therapies. Following its approval in Macau this April, VELSIPITY(R), the third commercialized product of Everest Medicines, will bring new treatment options to more patients with moderate to severely active UC. We plan to have VELSIPITY(R) submitted for new drug application in mainland China by the end of this year, further enhancing its accessibility and benefiting more patients."In the results of the multi-center Phase 3 clinical trial of etrasimod in Asia for the treatment of subjects with moderately to severely active UC, which were announced in July this year, etrasimod achieved positive results in both the induction and maintenance phases of treatment, with good safety, and the convenience of once-daily oral administration, further providing a solid scientific basis and support for the broad application of the drug in clinical practice. In October, the complete induction phase data of the study were presented at the 32nd United European Gastroenterology Week (UEGW 2024), showing that all primary and key secondary efficacy endpoints in the etrasimod treatment group achieved statistically significant and clinically meaningful improvements compared to the placebo group at week 12: the treatment differences between the etrasimod group and the placebo group in clinical remission rate, endoscopic improvement rate, and clinical response rate reached 20.4%, 28.6%, and 32.0%, respectively.VELSIPITY(R) was approved in the United States and the European Union in October last year and February this year, respectively. As a core product for Everest Medicines, VELSIPITY(R) was successively approved in Macau and Singapore in the first half of this year. Everest Medicines has also submitted a new drug application for VELSIPITY(R) in Hong Kong, China which has been officially accepted.In October of this year, through the "Hong Kong and Macau Medicine and Equipment Connect" policy, VELSIPITY(R) has officially been approved for patients with moderately to severely active ulcerative colitis (UC) by the Guangdong Provincial Medical Products Administration and can first be used in the First Affiliated Hospital of Sun Yat-sen University, Foshan Fosun Chancheng Hospital, Shenzhen Hospital of Southern Medical University and Guangzhou United Family Healthcare, four of the medical institutions designated by the Connect Policy in the Greater Bay Area. Subsequently, VELSIPITY(R) will be introduced in other qualified hospitals under the connect policy.About VELSIPITY(R) (etrasimod)VELSIPITY(R) is a once-daily, oral, sphingosine 1-phosphate (S1P) receptor modulator that selectively binds with S1P receptor subtypes 1, 4, and 5. Regulatory approvals have been granted in US, EU, Canada, Australia, Singapore, UK, Switzerland, Israel and Macau for VELSIPITY(R) in ulcerative colitis.About Everest MedicinesEverest Medicines is a biopharmaceutical company focused on discovering, developing, manufacturing and commercializing transformative pharmaceutical products and vaccines that address critical unmet medical needs for patients in Asian markets. The management team of Everest Medicines has deep expertise and an extensive track record from both leading global pharmaceutical companies and local Chinese pharmaceutical companies in high-quality discovery, clinical development, regulatory affairs, CMC, business development and operations. Everest Medicines has built a portfolio of potentially global first-in-class or best-in-class molecules in the company's core therapeutic areas of renal diseases, infectious diseases and autoimmune disorders. For more information, please visit its website at www.everestmedicines.com.Forward-Looking Statements:This news release may make statements that constitute forward-looking statements, including descriptions regarding the intent, belief or current expectations of the Company or its officers with respect to the business operations and financial condition of the Company, which can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, or other factors, some of which are beyond the control of the Company and are unforeseeable. Therefore, the actual results may differ from those in the forward-looking statements as a result of various factors and assumptions, such as future changes and developments in our business, competitive environment, political, economic, legal and social conditions. The Company or any of its affiliates, directors, officers, advisors or representatives has no obligation and does not undertake to revise forward-looking statements to reflect new information, future events or circumstances after the date of this news release, except as required by law. Copyright 2024 ACN Newswire via SeaPRwire.com.
ASEAN Ceramics & ASEAN Stone Exhibition 2024 Officially Opens in Ho Chi Minh City
Ho Chi Minh City, Vietnam – December 12, 2024 - (ACN Newswire via SeaPRwire.com) - The much-anticipated ASEAN Ceramics & ASEAN Stone Exhibition 2024 officially has opened its doors yesterday, marking the start of a three-day showcase of the latest innovations, technologies, and trends in the ceramics and stone industries. Hosted at the Saigon Exhibition and Convention Center (SECC), this event has brought together exhibitors, professionals, and thought leaders from across the ASEAN region and beyond.This year’s exhibition marks a significant milestone with the debut edition of the ASEAN Stone Exhibition, which seamlessly integrates with the well-established ASEAN Ceramics platform. Together, the two exhibitions provide a comprehensive look at the synergy of the ceramics and stone industries, fostering collaboration and innovation across the entire value chain.The opening ceremony, held yesterday morning, was a grand celebration featuring distinguished speakers, international delegations, and honoured guests. The ceremony began with the welcoming and registration of VIP guests and press, setting a tone of excitement for the day ahead. Following this, a warm welcome address was delivered by the organizers, including Mr. Michael Wilton, Chief Executive Officer and Managing Director of MMI Asia Pte Ltd, and Mr. Dinh Quang Huy, Chairman of the Vietnam Building Ceramic Association (VIBCA).The event continued with opening remarks by Mr. Nguyen Van Sinh, Deputy Minister of Construction, Ministry of Construction of Vietnam, highlighting the importance of the ceramics and stone industries to the country’s and region's development. Several esteemed representatives from the ASEAN region then shared their perspectives. Mr. Pham Tuan Khanh, Vice Chairman of the Saigon Construction & Building Material Association (SACA), and Dr. Sirithan Jiemsirilers, President of the Thai Ceramics Society (TCS), extended their welcome addresses, reflecting on regional collaboration. Additionally, a special welcome video presentation from ASAKI Indonesia, a member of the Ceramics Industry Club of ASEAN (CICA), emphasized the unity of the ASEAN ceramics community.The ASEAN Ceramics & ASEAN Stone Appreciation Awards was a highlight of the ceremony, with trophies awarded to honour the contribution of key associations, sponsors, and major exhibitors. The recipients included exhibitors such as Minnovation Group, Puresil India, Gilfair Hong Kong Company Limited, MMA Bentonite, TQT, VITIS, Shandong Victor, Monte-Bianco, and Tianjin Trend. Additionally, associations such as VIBCA, VABM, VIBM, CCPIT, ACIMAC, Confindustria Marmomacchine, TCS, Cambodia Stone Quarries Association and SACA were recognized for their consistent support and contributions. Finally, the ceremony closes with a symbolic ribbon-cutting, followed by a group photo and guided VIP tours of the exhibition halls, officially inaugurating this landmark event.Speaking at the event, Mr. Michael Wilton expressed his excitement for the exhibition, stating, “The debut of ASEAN Stone is a testament to the increasing demand for solutions in the stone industry. This new platform complements ASEAN Ceramics by highlighting the shared technologies, overlapping supply chains, and synergies that unite these two sectors.”With over 300 companies and brands and over 5000 trade visitors expected, ASEAN Ceramics & ASEAN Stone 2024 showcases products of the finest quality, sustainable practices, and state-of-the-art machinery. The event promises to offer unparalleled opportunities for networking, knowledge sharing, and business growth amongst the international ceramics and stone markets.The organizers warmly invite the public to explore the exhibition and participate in various workshops, panel discussions, and live demonstrations happening throughout the event. This is a unique chance to experience the best of what the ceramics and stone industries have to offer, all under one roof.The exhibition is open from December 11 to 13, 2024, at the Saigon Exhibition and Convention Center (SECC). Admission is free for registered attendees.For more information, visit the official website of ASEAN Ceramics & ASEAN Stone Exhibition 2024 at aseanceramics.comAbout Messe Muenchen GmbHMesse Muenchen GmbH is one of the world's leading trade fair organizers with more than 50 trade fairs for capital goods, consumer goods, and new technologies. Every year, Messe Muenchen organizes more than 200 events in Munich, Germany, and abroad, attracting over 30,000 exhibitors and 2 million visitors. The company's mission is to create innovative, sustainable, and profitable platforms for its customers to do business and connect with their target markets.About MMI Asia Pte LtdMMI Asia is a full subsidiary of Messe München GMBH (MMG) established in 1992 and one of the world largest and leading exhibition organizers. MMI Asia was set up as the regional headquarter and a wholly-owned subsidiary of MMG to promote global trade expansion by facilitating participation of Asian exhibitors in Messe München fairs worldwide. MMI Asia also provides consultancy in professional trade fair and conference management to government bodies, international trade and promotion organizations, and trade associations.About Vietnam Building Ceramic Association (VIBCA)Vietnam Building Ceramic Association is a professional organization, non-governmental, voluntary, established under Decision No. 41/1999 / QD - BTCCBCP dated 04-10-1999 of the Minister, Head of the Organizing Committee Government personnel. Currently VIBCA includes around 100 members are enterprises of different economic sectors, operating mainly in the field of building ceramics, including the associate members are research institutions, investment consulting, manufacturing and mechanical engineering. VIBCA is a member of the Association of Asean Ceramics Industry CICA and intimate relationship with the Association Ceramics of countries in Asean and in the world.Contact:MMI Asia Pte. Ltd.Valerie Fang – 65 9498 5538Marketing Executivevalerie.fang@mmiasia.com.sgVietnam Building Ceramic AssociationMs Vu Thi Kim Dung - 84 915114000Chief of Foreign Affairsvibcaoffice@gmail.com Copyright 2024 ACN Newswire via SeaPRwire.com.















