新加坡, 2026年3月11日 - (亞太商訊 via SeaPRwire.com) - 歡聚集團(NASDAQ: JOYY)發布2025年第四季度及全年財報。2025年第四季度,歡聚營收5.819億美元,環比增長7.7%,同比增長5.9%,營收同比重回正增長軌道。公司直播業務收入環比增長1.5%達3.944億美元,連續三個季度實現環比增長;BIGO Ads收入增速持續提升,同比勁增61.5%至1.281億美元。2025年全年,公司累計營收達21.2億美元。其中,直播業務收入15.3億美元;BIGO Ads收入3.985億美元,同比增長38.5%,推動非直播整體收入占比提升至28%,較2024年提升7.9個百分點。2025年,歡聚集團盈利實現穩步增長。2025年全年,公司non-GAAP[1]經營利潤和non-GAAP[1] EBITDA(息稅折舊攤銷前利潤)分別為1.508億美元和1.898億美元,同比提升10.8%和10.9%。第四季度,歡聚non-GAAP1經營利潤達4080萬美元,經營性現金流達1.16億美元。截至2025年12月31日,集團淨現金達32.6億美元。在股東回饋方面,公司此前宣布,2025年至2027年回購及派息總計約9億美元。歡聚在2025年下半年加速回購,第四季度合計回購金額6740萬美元,全年共計回購金額1.346億美元。2025年全年,全年累計回購與派息金額約3.32億美元。考慮到2025年經營利潤兩位數的提升表現,在現有季度分紅計畫之外,歡聚將於2026年一季度額外派發2000萬美元現金分紅。2025年第四季度財務亮點- 淨收入為5.819億美元,2024年同期為5.494億美元,上季度為5.402億美元,同比增長5.9%,環比增長7.7%。直播收入為3.944億美元,上季度為3.885億美元,環比增長1.5%。廣告收入達1.454億美元,2024年同期為8960萬美元,同比增長62.4%;上季度為1.125億美元,環比增長29.3%。其他收入為4210萬美元,2024年同期為3750萬美元,同比增長12.3%;上季度為3920萬美元,環比增長7.2%。- 經營利潤為1830萬美元。- 非美國通用會計準則下1,經營利潤為4080萬美元。- 截至2025年12月31日,公司淨現金為32.6億美元。- 經營性現金流達1.16億美元,2024年同期為1.105億美元。2025年全年財務亮點- 淨收入為21.242億美元。- 經營利潤為5580萬美元。- 非美國通用會計準則下1,經營利潤為1.508億美元,2024年經營利潤為1.361億美元,同比增長10.8%。- 非美國通用會計準則下1,EBITDA為1.898億美元,2024年EBITDA為1.712億美元,同比增長10.9%。[1]本文涉及部分非美國通用會計準則指標(Non-GAAP)財務指標,以提供額外資訊,幫助投資者更方便評估公司核心業務表現,但不應被視為替代或優於按照美國通用會計準則(GAAP)編制的指標。投資者應同時參考GAAP和非GAAP指標,以獲得對公司財務表現的全面理解。關於美國通用會計準則指標與非美國通用會計準則指標之間的調整,詳細可查閱公司於2026年3月11日發佈的《JOYY 2025年第四季度及全年的財務業績》新聞稿。 Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
分類: ACN Newswire
JOYY Reports 4Q and FY2025 Financial Results: Q4 Revenue Returns to YoY Growth, BIGO Ads Up 61.5% YoY
SINGAPORE, Mar 11, 2026 - (ACN Newswire via SeaPRwire.com) – JOYY Inc. (NASDAQ: JOYY) announced its unaudited financial results for the fourth quarter and full year of 2025.In the fourth quarter of 2025, JOYY’s total revenue was US$581.9 million, up 7.7% quarter over quarter and 5.9% year over year, marking a return to year-over-year revenue growth. Livestreaming revenue was US$394.4 million, up 1.5% quarter over quarter, marking the third consecutive quarter of sequential growth. BIGO Ads delivered accelerating revenue growth, up 61.5% year over year to US$128.1 million. For the full year of 2025, total revenue was US$2.12 billion. Livestreaming contributed US$1.53 billion, while BIGO Ads contributed US$398.5 million, up 38.5% year over year, driving total non-livestreaming revenue, including ad revenue and others, to 28.0% of the Company’s revenue, up 7.9 percentage points from 2024.In 2025, JOYY delivered steady profitability growth. Non-GAAP[1] operating income and non-GAAP[1] EBITDA were US$150.8 million and US$189.8 million, up 10.8% and 10.9% year over year, respectively. In the fourth quarter, non-GAAP1 operating income stood at US$40.8 million, and operating cash flow for the fourth quarter totaled US$116.0 million. As of December 31, 2025, the Company held US$3.26 billion in net cash.JOYY previously announced a shareholder return program of approximately US$900 million through dividends and share repurchases from 2025 through 2027. The Company has been actively executing its share repurchase program, with repurchases totaling US$67.4 million in the fourth quarter. In total, JOYY has distributed approximately US$332.0 million in dividends and share repurchases throughout 2025. In light of the double-digit improvements in operational profit in 2025, the Company will distribute an additional cash dividend of approximately US$20 million in the first quarter of 2026.Fourth Quarter 2025 Financial Highlights- Net revenues increased by 5.9% to US$581.9 million from US$549.4 million in the corresponding period of 2024 and by 7.7% from US$540.2 million in the third quarter of 2025.Livestreaming revenue was US$394.4 million, representing an increase of 1.5% from US$388.5 million in the third quarter of 2025.Advertising revenue increased by 62.4% to US$145.4 million from US$89.6 million in the corresponding period of 2024 and by 29.3% from US$112.5 million in the third quarter of 2025.Other revenues increased by 12.3% to US$42.1 million from US$37.5 million in the corresponding period of 2024 and by 7.2% from US$39.2 million in the third quarter of 2025.- Operating income was US$18.3 million.- Non-GAAP1 operating income was US$40.8 million.- Net Cash as of December 31, 2025 was US$3.26 billion.- Net cash from operating activities was US$116.0 million, compared with US$110.5 million in the corresponding period of 2024.Full Year 2025 Financial Highlights- Net revenues were US$2,124.2 million.- Operating income was US$55.8 million.- Non-GAAP1 operating income was US$150.8 million, up 10.8% from US$136.1 million in 2024.- Non-GAAP1 EBITDA was US$189.8 million, up 10.9% from US$171.2 million in 2024.[1]This press release includes certain non-GAAP financial measures as additional clarifying items to aid investors in further understanding the Company's performance and the impact that these items and events had on the financial results. The non-GAAP financial measures provided above should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP. For details of the non-GAAP measures, including the reconciliations of GAAP measures to non-GAAP measures, please refer to the press release titled “JOYY Reports Fourth Quarter and Full Year 2025 Unaudited Financial Results” issued by the Company on March 11, 2026. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Kincora Consolidates, Commences Geophysics and Forms Partnership at Cowal East
Expansion of tenure, commencement of sole-funded exploration and next-generation "quantum" gravity partnership at wholly owned Cowal East project within the highly prospective Cowal Igneous Complex of the Macquarie ArcHighlights40% expansion of tenure through consolidation of the southern extension of the Jemalong licence with the enlarged landholding now referred to as the Cowal East projectConsolidated licence portfolio was last held by Gold Fields with no fieldwork undertaken for over a decadeCommencement of a "traditional" ground gravity surveyNew partnership with Atomionics Pte Ltd (Atomionics) for follow up deployment of next generation "quantum" ground gravity technology and AI interpretationMELBOURNE, Mar 10, 2026 - (ACN Newswire via SeaPRwire.com) - Gold-copper explorer and hybrid project generator Kincora Copper Limited (ASX: KCC) (TSXV: KCC) (Kincora or the Company) is pleased to announce a series of initiatives advancing its 100%-owned Cowal East project, located within the highly endowed and tightly held Cowal Igneous Complex (CIC) of the Macquarie Arc in Central West NSW.The CIC is a world-class geological terrane hosting an estimated endowment of more than 20Moz gold and 5Mt copper 1, including Evolution Mining's flagship Cowal gold mine, which generated approximately A$3 million a day in cash flow during the December 2025 quarter 2.The expanded Cowal East project now covers approximately 100km2, following the strategic pegging of a southern extension directly from the NSW Government. A comprehensive ground gravity survey has commenced to provide more consistent coverage across the project, including the full Jemalong license, with infill coverage over the main existing known prospect areas.President & CEO Sam Spring, commented: "The Cowal Igneous Complex hosts Evolution Mining's flagship Cowal mine and the large Marsden porphyry system. It is tightly owned and has historically attracted significant exploration investment from major mining companies. "Despite its highly prospective setting and presence of a confirmed intrusive-related gold system, Cowal East has seen relatively limited drilling. "Consistent with our focused strategy for sole funded exploration projects, we are pleased to have expanded our land position by 40%, commenced the first on-ground exploration activities at Cowal East in over a decade and formed an innovative partnership with Atomionics to deploy next-generation gravity technology. "Ground gravity surveys are a proven exploration tool in the Macquarie Arc, extensively used by Kincora and our earn-in partner AngloGold Ashanti, as well as other explorers in the district."We are excited to gain access to Atomionics' proprietary quantum gravity technology and AI-powered modelling platform, initially at Cowal East but with a pathway for other projects. This technology has the potential to significantly enhance subsurface imaging — faster, more cost effectively, and potentially with materially improved resolution — providing the scope for meaningful advantages in undercover exploration." Mikhail Zeldovich, Chief Commercial Officer of Atomionics, stated: "Kincora's large and prospective Cowal East project, with limited drilling confirming an already known Macquarie Arc intrusive system under shallow to moderate post mineral cover, provides an ideal testbed for comparative deployment of our proprietary quantum-based Gravio system survey and a high-quality traditional gravimetry. "We look forward working with the highly experienced Kincora technical team and systematically advancing the Cowal East project. "Our ambition is to partner with Kincora, and other explorers, to save time and drilling budgets in accelerating the targeting, discovery and drill out phases. "In addition to partnering with Kincora, our 2026 roadmap is scheduling several other deployments of our system with several of the world's largest metal miners, as well as explorers in multiple fields, including metals, hydrocarbons, geothermal and geologic hydrogens. Gravio, combined with our proprietary geologic AI system, ORE-O, is on its way to develop the world's first Large Planet Model to enable mapping of critical resources of the Earth's crust for the benefit of humanity's future."COWAL IGNEOUS COMPLEX The Cowal Igneous Complex (CIC) is a world-class geological terrain hosting an estimated greater than 20Moz gold and 5Mt copper metal endowment 1 within a 40 by 15km fault bounded block of the Junee-Narromine Belt of the Macquarie Arc.The CIC is prospective for both low sulfidation epithermal mineralisation, such as the various deposits within the Gold Corridor that make up the Cowal mine, and, calc-alkalic copper gold porphyry systems such as the Marsden deposit.The Cowal mine was acquired by Evolution Mining (Evolution, (ASX: EVN) and A$30 billion market capitalization 3) in 2015 from Barrick hosting a 3.4Moz gold resource with a current endowment of 14Moz. Cowal is Evolution's flagship mine which in the December 2025 quarter generated $3 million a day of cashflow at an average gold price of A$6206/oz (spot A$7285/oz) 2.The Marsden deposit is located ~16km to the southeast of the Endeavour 42 (E42) open pit on the eastern margin the CIC, ~50km southwest of the Northparkes group of porphyry deposits and ~20km northeast of the northern end of the Temora porphyry cluster held by LinQ Minerals. Kincora's technical director, John Holliday, was involved in the discovery ofMarsden, with Evolution estimating its potential endowment pre being dismembered as 5Mt copper and 8-10Moz gold.Tenure of the CIC is highly consolidated, primarily by Evolution with Kincora owning 100% of the Cowal East and Fairholme projects, and noting Newmont is earning into Koonenberry Gold's Fairholme project (immediately adjacent and north to Kincora's Fairholme project) – see Figure 1.COWAL EAST PROJECTThe ground included in the current Cowal East project has been the focus of many major explorers, including Geopeko, CRA Exploration, BHP, Newcrest, most recently Gold Fields (until 2015) and FMG (until 2025). Despite being widely recognized as a very prospective setting for porphyry copper-gold mineralisation and intrusion-associated gold mineralisation, and hosting a known intrusion related gold system, the Cowal East project has had relatively limited prior drilling.The project is located as close as 9km east of the Cowal mine, immediately the other side of Lake Cowal, and as close as 4km north of the Marsden deposit. The terrain is very flat to undulating in isolated parts and is used for extensive cropping and some grazing. The Newell Highway passes through the southern section of the project and access is readily available via numerous unsealed farm roads and tracks.GROUND GRAVITY SURVEYKincora has contracted Daishsat Geodetic Surveyors (Daishsat) to undertake a ground gravity survey to provide more consistent spaced coverage across the Cowal East project, including the full Jemalong license, with infill coverage over the main existing prospect areas, including Jemalong Channel which is host to a confirmed intrusive gold system under shallow to moderate post mineral cover – see Figure 2.This approach follows Kincora's ongoing exploration template in the northern undercover section of the Junee-Narromine Belt, being advanced in partnership with AngloGold Ashanti, where "traditional" ground gravity surveys have been conducted across three licenses in the last 18 months.The survey is anticipated to support improved structural interpretation of the wider project, including definition of basement architecture, intrusive geometries, major structural corridors and potentially the refinement of subtle intrusive system targets for drill testing. Ground gravity is being used by multiple other porphyry explorers in the district.PARNTERSHIP WITH ATOMIONICSThe Company has entered a binding Memorandum Of Understanding (MOU) with Atomionics initially focused on the Cowal East project but with scope to be expanded to other Kincora projects.For the Cowal East project, Atomionics will analyze the results of the "traditional" Daishsat ground gravity survey. A second phase will see Atomionics, at largely its own cost, complete a subsequent survey utilising its proprietary new generation "quantum" sensors with results of the two surveys', coupled with the existing other geological and geophysical data for the project, integrated within its ORE-O AI-powered modeling platform.Kincora and Atomionic will then look to advance discussions for commercial testing of anticipated high priority drill targets.ABOUT ATOMIONICS PTE LTDAtomionics Pte Ltd (Atomionics) is a Singapore-based startup building quantum sensors for subsurface exploration and universal navigation.Atomionics sensors generate 3D models of the Earth's subsurface to pinpoint critical underground resources or infrastructure and enable GPS-free positioning. Atomionics does this by using cold atom interferometry — cooling atoms to near absolute zero with lasers to measure tiny gravitational changes.It is a hands-on, high-energy team operate at the intersection of quantum physics, electronic and mechanical hardware, and AI. Engineers work across mechanical, electronic, and software systems, with an ultimate goal to create the world's first Large Planet Model, mapping the world's critical buried resources.Atomionics' proprietary Gravio quantum gravity sensors are the world's most advanced portable gravimeter built on cold atom interferometry. Gravio currently acquires high-resolution data from ground-based platforms and is developing its airborne solutions. This seeks to enable faster (potentially 10x) and much higher resolution than traditional surveys of the Earth's subsurface.ORE-O is Atomionics' AI-powered modeling platform. ORE-O seeks to transform data gathered by gravity and other geophysics methods into 3D geological maps with deterministic results — refining not just where deposits might be but also how much resource is likely to be there with greater confidence. Atomionics estimates being able to potentially save up to 80% of exploration drilling costs for the metals exploration industry.Atomionics has undertaken a survey with Rio Tinto and is scheduling one with BHP within Tier-1 copper belts, while in 3Q'2025 Atomionics completed a Pre-Series A round financing to accelerate deployment in Australia and North America. The round was led by Paspalis VC (NT) and included BHP Ventures, IQT, Wavemaker, and Singapore's CapVista among others.To learn more, please visit: www.atomionics.comFor further information, please contact: Mikhail S Zeldovich, Chief Commercial Officer mikhail@atomionics.com +65 8064 2150 or +44 779858 1094 (Whatsapp)Figure 1: Kincora has a strategic portfolio in the world-class and tightly held Cowal Igneous Complex of the Macquarie ArcThe Company has seven major project groups located in Central West NSW, six porphyry and one Cobar style system all with clear exploration and/or corporate strategiesTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2305/287846_kincora%20figure%201.jpg Figure 2: Kincora has increased the size of the portfolio, commencement a sole funded "traditional' ground gravity survey and formed an innovative new technology partnership for a follow up third party funded "quantum" ground gravity surveyRegional geology is masked by 20-120m deep post mineral cover with relatively limited and shallow historic drilling at the Cowal East project and has confirmed a mineralized gold intrusive system at Jemalong Channel following up previous broad gravity and magnetic anomalies/featuresTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2305/287846_kincora%20figure%202.jpgABOUT KINCORA Kincora Copper Limited (ASX: KCC) (TSXV: KCC) is an emerging Australia-focused copper-gold explorer with a hybrid prospect generator strategy. The Company is now successfully proving up the prospectivity of its extensive project portfolio, which includes multiple district-scale landholdings and scalable drill ready targets. These assets are located in Australia's Macquarie Arc and Mongolia's Southern Gobi, two of the globe's leading porphyry belts, and the historical Condobolin mining field within the Cobar Basin in NSW.Kincora is using an asset level partner model to develop and implement exploration strategies for its wholly-owned large-scale exploration stage porphyry projects. The Company has already unlocked over $100 million of potential partner funding for multiple earlier stage and/or non-core porphyry projects 4. These initial deals have supported over 16,000 metres of drilling and over A$7m of partner funded exploration since late 2024 until September 30, 2025, with management fees and exploration ramping up, and, as Kincora increases sole funded exploration across its project portfolio 4.Concurrent with focused value add sole funded exploration activities, partner discussions are ongoing for its remaining 100% owned flagship projects that are all situated within existing porphyry camps containing over 20-million-ounce gold equivalent resource inventory.The Company has assembled an industry leading technical team who have made multiple world-class copper and gold discoveries, who have "skin in the game" equity ownership, and, backed by a consolidated and sophisticated shareholder register.To learn more, please visit: www.kincoracopper.com.References: District, regional and adjacent property information disclosed is provided for general awareness and educational purposes and is not necessarily indicative to the mineralisation on the property that is the subject of the disclosure for the Company.The Jemalong license (EL8502) has recently been proposed for a 100%, 4-year renewal term by NSW Resources, of the NSW State Government. The Jemalong South license (EL9708) was granted on November 11, 2025 with a 5-year term. 1 The estimated greater than 20Moz gold and 5Mt copper original metal endowment of the Cowal Igneous Complex (CIC) includes the following deposits:The Cowal Gold Corridor: endowment of 13.8Moz gold comprising total gold production to 30 June 2025 and gold Mineral Resource as at 31 December 2024 - reported by Evolution Mining on 23 February 2026 "BMO Global Metals & Mining Conference Presentation".The Marsden deposit: Estimation by Evolution Mining of the potential endowment pre being dismembered of 5Mt copper and 8-10Moz gold - The Mines & Wines September 2024 conference "New insights from the Cowal gold deposit" presentation.2 Cowal December 2025 quarter cash flow of $3 million a day at an average gold price of A$6206/oz sourced from Kristie Batten on X (@kristiebatten) January 21, 2026. Spot Australian gold price sourced from ABC Bullion (https://www.abcbullion.com.au) and as at March 9, 2026.3 Evolution Mining market capitalization as at March 9, 2026.4 Over $100 million of potential partner funding for seven earlier stage and/or non-core projects via 5 deals and four partners, with over 16000 metres of drilling and over A$7m of partner funded exploration since late 2024 until Sep 30, 2025 includes:(a) The original up to A$50m earn-in & JV agreement with AngloGold Ashanti for the Nyngan & Nevertire projects and the amended agreement to include the Nyngan South, Nevertire South and Mulla projects including another up to A$50m earn-in & JV: refer May 28, 2024 release "AngloGold Ashanti to earn-in to the NJNB Project" and Apr 14, 2025, "Second Major Earn-in Secured with AngloGold Ashanti" (estimated budget approximately $4.5m, incl. 27 holes for 10,780.6m of drilling, Kincora currently the project manager receiving a 10% fee of expenditure). For more information on AngloGold Ashanti please visit their website at www.anglogoldashanti.com (b) Fleet Space Technologies (which in December 2024 raised $150m in a Series D financing) partnership under R&D Grant for geophysical surveys at Nyngan: refer Jul 25, 2024 release "ANT and Gravity Geophysical Surveys at the Nyngan Project" (estimated budget approximately $500k). For more information on Fleet Space please visit their website at https://www.fleetspace.com(c) Fleet Space partnership for the Wongarbon project: refer Oct 16, 2024 release "Kincora announces Strategic Investment & Expanded Partnership with Fleet Space" (Fleet Space is to conduct ANT & gravity surveys with the right to fund >2000m of drilling for an earn-in/JV. Estimated budget for ANT & gravity surveys $600k, follow up drilling >$0.5m). On October 22, 2025, Kincora was awarded a cooperative funding grant from the NSW Government for up to A$143,483 supporting a first ever drilling campaign to basement at the Wongarbon project. On November 18, 2025 Kincora announced a maiden hole funded with the NSW grant had commenced "Kincora commences drilling at the Wongarbon porphyry project" (results pending).(d) Exploration Alliance partner Earth AI (which in January 2025 raised US$20m in a Series B financing) drilling commenced at the Cundumbul project: refer May 20, 2024 release "Artificial Intelligence Partner Drilling New Copper Targets at the Cundumbul Project" (Earth AI has the right to right to spend up to $4.5m at Cundumbul and earn an NSR upon a "qualifying interval". Estimated budget to date >$850k, incl. 5 completed holes for >2500m with a VTEM geophysical survey recently completed and analysis ongoing). For more information on Earth AI please visit their website at https://earth-ai.com/ See Kincora's September 30, 2025 quarterly accounts released November 13, 2025 for further background and information.This announcement has been authorised for release by the Board of Kincora Copper Limited (ARBN 645 457 763)For further information, please contact: Sam Spring, President and Chief Executive Officer sam.spring@kincoracopper.com or +61431 329 345Laurie Thomas, Strategic Advisorlaurie.thomas@kincoracopper.com or +1306 341 3826 Media contact Julia Maguire, Managing Director, The Capital Networkjulia@thecapitalnetwork.com.au or +61 2 7257 7338 Executive officeSubsidiary office Australia 400 - 837 West Hastings Street Vancouver, BC V6C 3N6, Canada Tel: 1.604.283.1722 C/- JM Corporate ServicesLevel 6, 350 Collins StreetMelbourne, VIC, Australia 3000 Qualified Person The scientific and technical information in this announcement was prepared in accordance with the standards of the Canadian Institute of Mining, Metallurgy and Petroleum and National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") and was reviewed, verified and compiled by Kincora's staff under the supervision of Peter Leaman (M.Sc. Mineral Exploration, FAusIMM), Senior Vice-President of Exploration of Kincora, and John Holliday (BSc Hons, BEc, member of the Australian Institute of Geoscientists), Non-Executive Director and Chairman of Kincora's Technical Committee, who are Qualified Persons for the purpose of NI 43-101JORC Competent Person StatementInformation in this announcement that relates to Exploration Results, Mineral Resources or Ore Reserves are those that have been previously reported (with the original release referred to in this announcement), in the case of Mineral Resources or Ore Reserves the material assumptions and technical parameters underpinning the estimates have not materially changed, and have been reviewed and approved by John Holliday and Peter Leaman, who are Competent Persons under the definition established by JORC and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. John Holliday and Peter Leaman consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. The review and verification process for the information disclosed herein for the Nyngan Projects have included the receipt of all material exploration data, results and sampling procedures of previous operators and review of such information by Kincora's geological staff using standard verification procedures.Forward-Looking StatementsCertain information regarding Kincora contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Kincora believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Kincora cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Kincora currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and is subject to change after that date. Kincora does not assume the obligation to revise or update these forward-looking statements, except as may be required under applicable securities laws.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) or the Australian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287846 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Entertainment Expo Hong Kong shines on the centre stage, Eight signature events unite global film and entertainment forces
HONG KONG, Mar 9, 2026 - (ACN Newswire via SeaPRwire.com) – Entertainment Expo Hong Kong 2026 will take place from 15 March to 19 April. Over the years, the Expo has served as a vital platform connecting innovators and industry leaders across the global film and entertainment industries, fostering exchanges among local, Asian and international practitioners, and presenting a wide spectrum of outstanding works. This year, it continues to span four major fields—film, television, music and digital entertainment—bringing together eight flagship events. International stars, renowned directors and leading industry figures will gather at the Expo, further strengthening cross-regional exchange in film and entertainment culture. The Expo has invited Leon Lai as Hong Kong Entertainment Ambassador to help promote Hong Kong as a leading hub for film and entertainment in Asia.Entertainment Expo Hong Kong is spearheaded by the Hong Kong Trade Development Council (HKTDC), with sponsorship from the Cultural and Creative Industries Development Agency (CCIDA), the Film Development Fund, and the Culture, Sports and Tourism Bureau of the Government of the Hong Kong Special Administrative Region. This year’s Expo features eight major events: the Hong Kong International Film and TV Market (FILMART); Hong Kong International Film Festival (HKIFF); Hong Kong Film Awards (HKFA); Asian Film Awards; Digital Entertainment Summit; EntertainmentPulse; Hong Kong - Asia Film Financing Forum (HAF); and the Microfilm Production Support Scheme (Music). The Expo’s kick-off ceremony will be held on 17 March at the Hong Kong Convention and Exhibition Centre. The occasion will also mark the 30th edition of the Hong Kong International Film and TV Market and the 50th edition of the Hong Kong International Film Festival, reinforcing the significance of this milestone year.Hong Kong International Film and TV Market (FILMART)Organised by the HKTDC, the 30th edition of FILMART will be held at the Hong Kong Convention and Exhibition Centre (HKCEC) from 17 to 20 March. This year’s event brings together more than 790 exhibitors from over 30 countries and regions, further enhancing its global appeal. More than 30 regional pavilions will represent Chinese Mainland and international markets, including mature film markets such as France, Italy, Korea, the United Kingdom, the United States, and ASEAN members such as Cambodia, Malaysia, Thailand, and Vietnam. FILMART also welcomes first-time exhibitors from various emerging markets. This diverse participation demonstrates FILMART’s role as Asia’s leading entertainment content marketplace and also as a vital catalyst for global cultural exchange and collaboration in the screen industry.This year’s FILMART events will feature comprehensive upgrades. The second edition of Producers Connect, jointly organised by the Culture, Sports and Tourism Bureau, CCIDA, the Hong Kong Film Development Council, and HKTDC, will showcase an impressive lineup. In collaboration with 10 international film institutions, the event will gather over 100 global and Hong Kong producers to introduce regional film production and funding initiatives, fostering cross-regional collaborations and co-productions. Highlights include a keynote forum featuring renowned local director Peter Chan and Golden Globe-winning producer Janet Yang, who will share cutting-edge insights on international co-production strategies.Furthermore, the AI Hub, organised by the HKTDC and co-organised by the Association of Motion Picture Post Production Professionals, will expand its scale, bringing together leading artificial intelligence and technology companies—including Alibaba Cloud, Kling AI, MiniMax, Vidu, and more, alongside local academic institutions such as the University of Hong Kong, the Hong Kong Academy for Performing Arts, and Lingnan University. Additionally, the newly launched AI Academy, funded by CCIDA and the Film Development Fund, will host over 15 thematic workshops. Expert instructors will demonstrate how to leverage AI tools to efficiently produce high quality film and animation content, streamline production workflows, and empower the industry to capitalise on AI-driven opportunities.Hong Kong International Film Festival (HKIFF)Entering its 50th edition, HKIFF will take place from 1 to 12 April, reaffirming its status as one of Asia's most enduring and respected film festivals. This milestone year adopts the theme "50 and Beyond: Framing the Future", celebrating both the festival's rich heritage and its commitment to innovation. To commemorate the anniversary, HKIFF has commissioned local illustrator, comic artist, and lyricist Siu Hak to develop the annual thematic design. His vibrant artwork captures the festival's imaginative spirit and its forward-looking vision. Actors Angela Yuen and Tony Wu will serve as this year's ambassadors, symbolising the bridge between HKIFF's legacy and the creative energy of a new generation. In addition, acclaimed actress Gingle Wang, winner of the Best Lead Actress award at the 22nd Taipei Film Festival, and Thailand's Metawin Opas-iamkajorn, recipient of the Asian Film Awards Academy's Asian Rising Star Award in 2025, have been appointed Asian Visionary Ambassadors. Both will make special appearances during the festival, fostering artistic and cross-cultural exchange. A special exhibition, "50 and Beyond: The Hong Kong International Film Festival Golden Jubilee Exhibition", will be held at Hong Kong City Hall, showcasing HKIFF's half-century contribution to film art and cultural dialogue. To further mark the occasion, HKIFF will collaborate with the Hong Kong Philharmonic Orchestra to present the Asian premiere of "In the Mood for Love in Concert", a unique programme that rekindles the iconic film's nostalgic charm through a live orchestral reinterpretation.Hong Kong Film Awards (HKFA)The 44th Hong Kong Film Awards will be held on 19 April at the Hong Kong Cultural Centre. The Awards has invited Michelle Wai, recipient of the Best Actress at last year’s HKFA, together with Edan Lui, who was previously nominated for Best New Performer at the HKFA, to serve as special guests and announce the nominations across 18 award categories. This year’s entries demonstrate the diverse creative strength of Hong Kong cinema. Sons of the Neon Night leads with 12 nominations, followed closely by Back to the Past with 11 nominations.Asian Film AwardsThe 19th Asian Film Awards proudly presents three masterclasses, Hong Kong premieres of selected Asian titles, and creator-to-creator “In Conversation” sessions—showcasing the boundless possibilities of Asian cinema. Esteemed guests include acclaimed actress Zhang Ziyi, internationally celebrated director Jia Zhangke, Squid Game creator Hwang Dong-hyuk, Oscar-shortlisted director Tsou Shih-Ching, Korean actor Jung Kyung-ho, Jo Woo-jin, and Ky Nam Inn director Leon Le with actress 9m88, among others. Gathering in Hong Kong, they will explore the creative depth and cultural vitality of Asian filmmaking.Digital Entertainment SummitOrganised by the HKTDC with co-organisation from the Hong Kong Digital Entertainment Association and MarketingPulse & eTailingPulse, the 15th Entertainment Summit will take place on 19 March as a FILMART flagship event. Under the theme “Animation Without Borders: Creating, Financing and Expanding Animation IP Worldwide”, the Summit will feature two panel discussions, and take a deep dive into how the animation industry can expand its global footprint through intellectual property (IP) innovation, strategic investment, and cross-border collaboration.Featured speakers include Sai Abishek, Head of Factual Entertainment, Lifestyle & Kids, South Asia, Warner Bros. Discovery, and Aurélien Dirler, Head of the International Cooperation and Partnerships Department at France’s Centre National du Cinéma et de l'image animée (CNC), who will share insights into IP development strategies and monetisation pathways. The Summit will also present a case study of the local animated film “Another World”, inviting Polly Yeung, Producer & Scriptwriter; Drew Lai, Commissioner for Cultural and Creative Industries, CCIDA; and members of the overseas production partners to discuss how cross-regional investment and production collaboration can deliver internationally recognised animation projects.EntertainmentPulseOrganised by the HKTDC, EntertainmentPulse will be held concurrently with FILMART, gathering global film and television industry leaders to provide insights into trending topics including artificial intelligence, video streaming, financing and investment, micro-short dramas, co-productions, and animation, providing attendees the latest market insights. For the financing session, experts such as Bennett Pozil, Head of Corporate Banking at East West Bank, Justin Deimen, Managing Partner of Goldfinch International, and Catherine Ying, President of CMC Pictures and Pearl Studio (China), will analyse banking considerations, private financing strategies, and film project capitalisation approaches from multiple perspectives. Additionally, industry leaders including James Gibbons, President of APAC at Warner Bros. Discovery, and Omar Giri Valliappan, COO of Vision+, will unveil development roadmaps for leading international streaming platforms. Addressing the recent surge in micro-short dramas, Chinese Mainland companies including DataEye, Xiaowu Bros, and Mansen (Shenzhen) Culture Media will share insights on globalisation opportunities and collaborative prospects within the Greater Bay Area's Micro-Short Drama industry ecosystem.Hong Kong - Asia Film Financing Forum (HAF)The 24th Hong Kong - Asia Film Financing Forum will take place from 17 to 19 March. This year’s lineup features 42 shortlisted projects from 22 countries and regions, spanning different stages of development. Notably, 13 projects are animation and genre entries, reflecting a rich spectrum of storytelling, from family-driven narratives and comedies to thrillers, fantasy, action and science fiction, highlighting the dynamism and diversity of Asian filmmaking. All shortlisted projects will be presented alongside FILMART during HAF, enabling project teams to engage directly with industry professionals, exchange views on creative direction and share their latest progress, with a view to advancing both regional and international partnerships. This year’s key visual is created by artist and director Qiu Jiongjiong. Staying true to the distinctive visual language of his paintings and films, the artwork is set against the backdrop of Wan Chai and reimagines Hong Kong’s iconic project landscape, encapsulating the imagery of “Cinema is everywhere.”Microfilm Production Support Scheme (Music)The 13th Microfilm Production Support Scheme (Music) will hold its Awards Ceremony cum Selected Works Screening on March 20 at Theatre 2, HKCEC. The Scheme aims to nurture local advertising and film production talents, providing HK$130,000 to HK$240,000 in production funding for 21 projects under the Tier "Advertising Production Start-ups" and 10 projects in the Tier "Small Advertising Production Enterprises." Supported by professional mentorship, training, and promotional resources, the Scheme assists creative teams in producing original microfilms. This edition also features collaborations with local musicians who will participate in performances, fostering dynamic interplay between music and visual storytelling. The ceremony will announce the award winners and screen their works, highlighting the creativity and talent of Hong Kong's creative community.Entertainment Expo website: https://eexpohk.hktdc.com/en/Photo Download: https://bit.ly/4bfhgesThe Expo has invited Leon Lai as the Hong Kong Entertainment Ambassador to promote Hong Kong as a leading hub for film and entertainment in Asia The AI Hub at the 30th Hong Kong International Film & TV Market (FILMART) makes its grand return, gathering leading artificial intelligence and technology innovators. This year's edition debuts the AI Academy, hosting over 15 specialised workshops led by industry experts to empower professionals in capitalising on AI-driven opportunitiesMedia Enquiries:The 30th HKTDC Hong Kong International Film and TV Market (FILMART) https://hkfilmart.hktdc.com/17 – 20 MarchRaconteur PR:Betsy TseTel: (852) 9742 7338Email: betsytse@raconteur.hkHKTDC’s Communication & Public Affairs Department:Serena CheungTel:(852) 2584 4272Email: serena.hm.cheung@hktdc.orgThe 5th EntertainmentPulsehttps://hkfilmart.hktdc.com/conference/hkfilmart/en/programme?category=EntertainmentPulse17 – 20 MarchRaconteur PR:Betsy TseTel: (852) 9742 7338Email: betsytse@raconteur.hkHKTDC’s Communication & Public Affairs Department:Serena CheungTel:(852) 2584 4272Email: serena.hm.cheung@hktdc.orgThe 50th Hong Kong International Film Festival (HKIFF50)http://www.hkiff.org.hk1 – 12 AprilTel: (852) 2970 3300Email: pr@hkiff.org.hkThe 44th The Hong Kong Film Awards (HKFA) https://www.hkfaa.com19 AprilTel: (852) 2367 7892Email: hkfaa@hkfaa.comThe 19th Asian Film Awardshttps://www.afa-academy.com/15 MarchTel: (852) 3195 0607Email: info@afa-academy.comThe 15th Digital Entertainment Summit https://hkfilmart.hktdc.com/19 MarchTel: (852) 1830 668Email:filmart@hktdc.orgThe 24th Hong Kong – Asia Film Financing Forum (HAF)https://industry.hkiff.org.hk/17 – 19 MarchTel: (852) 2970 3300Email: haf@hkiff.org.hkThe 13th Microfilm Production Support Scheme (Music) https://www.hkmfa.hk/microfilm/20 MarchTel: (852) 3594 6723Email: maychin@nhms.com.hkHKTDC Newsroom: http://mediaroom.hktdc.com/enAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Chinese Mainland, 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 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Fosun Navigates Cyclical Volatility and Clears Risks as Management Reaffirms RMB10 Bn Profit Target for Next 3 to 5 Yrs
HONG KONG, Mar 10, 2026 - (ACN Newswire via SeaPRwire.com) – On March 9, Fosun International announced that it has received notices from its controlling shareholder and senior management stating their intention to increase shareholdings by up to HK$500 million within 12 months following the release of the Company's 2025 annual results.Previously, Fosun International (00656.HK) issued a profit warning announcement stating that the loss attributable to owners of the parent of the Company for the year ended 31 December 2025 is expected to be approximately RMB21.5 billion to RMB23.5 billion. The book loss is primarily attributable to one-off non-cash impairment provisions and value revaluations on certain assets made pursuant to the principle of financial prudence. The Company’s fundamentals remain solid. Fosun will continue to advance its strategies of focusing on core businesses and streamlining operations and strengthening the business, promote business growth through refined operations, and consolidate its long-term value.At the investor conference call held on 8 March, Fosun’s management emphasised that this represents a thorough “risk clearance.” Through a one-off, concentrated recognition of non-cash impairment provisions, the Company expects to further strengthen the foundation of its financial statements and enhance asset quality, thereby facilitating the future release of earnings and ensuring that operating performance is more accurately reflected. The Company’s operating fundamentals remain stable, financing capacity remains solid with diversified and smooth funding channels, and its core businesses continue to demonstrate positive development momentum. Over the next three to five years, Fosun will continue advancing toward its target of achieving RMB10 billion in profit.Fosun has also conveyed confidence to the market through ongoing share repurchases. On 2 March, Fosun International announced that, based on its assessment of the Company’s long-term development prospects, it plans to repurchase shares on the open market, with a total amount not exceeding HK$1 billion. Prior to this, on 27 February, Fosun International had already repurchased 13.027 million shares at an aggregate consideration of HK$48.2354 million.Analysts point out that Fosun has been continuously signalling confidence to the market through a series of recent initiatives. A rational analysis suggests that following the one-off impairment provisions—which amount to a comprehensive “clean-up” of its balance sheet—the market can look forward to a fundamentally renewed Fosun.On 9 March, Fosun International (00656.HK) closed higher, with its share price rising to HK$3.83, up HK$0.24 from the previous trading day, representing an increase of 6.69%.On the same day, Guotai Haitong Securities initiated coverage of Fosun International for the first time, noting that the Company’s operating fundamentals continue to improve, earnings momentum is accelerating, and future earnings flexibility and upside potential are worth anticipating. The firm assigned a “Buy” rating with a target price of HK$7.24 and a net asset value (NAV) of HK$18.1 per share.The report stated that Fosun’s “streamlining and strengthening” strategy has delivered notable results, with the Company focusing on four major segments and showing signs of navigating through cyclical inflection points. On the one hand, Fosun has substantially exited non-strategic and non-core assets to accelerate its focus on strategic core businesses with market leadership. On the other hand, it continues to integrate Chinese capabilities globally, driving accelerated performance release from its core businesses and progressively expanding into global markets.Goldman Sachs also released a research report, maintaining its "Neutral" rating on Fosun International while raising the target price. The report highlighted that Fosun’s future profit growth will be driven by several factors, including robust growth from upcoming innovative drug launches, stable growth from insurance business, stability in the gold and jewellery retail segment, as well as operational improvements and better output in Intelligent Manufacturing segmentWhy is Fosun advancing asset impairment at this point in time' From a market perspective, Fosun’s one-off recognition of a substantial non-cash book loss represents both risk clearance and a transition from legacy growth drivers to new engines of growth. Following the resolution of risks in traditional segments such as real estate, their impact on Fosun is expected to diminish further. Going forward, Fosun’s growth will be increasingly driven by its core businesses in pharmaceuticals and healthcare, insurance and finance, and tourism, supported by innovative R&D and deep global industrial operations.In the innovative drug segment, Fosun’s commercialization of innovative drugs in 2025 opened up substantial global market opportunities. The global exclusive licensing agreement signed with Pfizer carries a potential total value of over US$2 billion, while the strategic cooperation agreement entered into with biotechnology company Clavis Bio may entitle the Company to receive payments of up to US$7.25 billion. At the beginning of 2026, Fosun further entered into an agreement with Eisai Co., Ltd. in relation to HANSIZHUANG, positioning itself in Japan, the world’s fourth-largest pharmaceutical market, with a potential total value of over US$300 million.In the insurance segment, Fidelidade recorded net profit of €170 million for the first three quarters of 2025, representing a year-on-year increase of 11.7%. Peak Reinsurance reported net profit of US$88.8 million for the first half of 2025. Recently, two of Fosun’s domestic insurance companies announced substantial growth in premium income and net profit for 2025. Fosun United Health Insurance recorded business income of RMB7.84 billion, representing a year-on-year increase of 50%, ranking among the fastest-growing specialised health insurers, and achieved net profit of RMB130 million for the year. Pramerica Fosun Life Insurance recorded annual insurance business income of RMB12.598 billion, representing a year-on-year increase of 36.17%, and achieved net profit of RMB647 million, representing a significant year-on-year increase of over 450%, marking a new level in both the scale and quality of profitability.In addition, in the tourism and culture segment, several of Fosun’s business lines delivered a strong start to the year. During the core six-day Spring Festival holiday period, the average occupancy rate of Club Med’s five premium all-inclusive resorts in China reached 90%. Atlantis Sanya recorded total revenue of over RMB124 million during the nine-day Spring Festival holiday period, representing a year-on-year increase of 20% and achieving its best performance on record.At the investor conference call on 8 March, management further stated that over the next three to five years, the Group will strive to achieve RMB10 billion in profit, while steadily advancing debt reduction and financial structure optimisation. The Company aims to reduce total debt to approximately RMB60 billion and seek to improve its overseas credit rating to investment grade. On the basis of gradually releasing profits, Fosun will continue enhancing shareholder returns.For Fosun, this performance fluctuation represents a profound strategic adjustment. Market analysts expect that, with a healthier asset structure and stronger core capabilities following the completion of risk clearance, Fosun is well positioned to navigate business cycles more effectively and inject greater certainty into future performance. Its management also stated that “2026 will mark the beginning of a new era and a new development cycle for Fosun. We remain confident in the future.” Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
直面週期波動 復星出清風險 管理層明確未來三至五年百億利潤目標不變
香港, 2026年3月10日 - (亞太商訊 via SeaPRwire.com) - 3月9日,復星國際(00656.HK)發佈公告稱,於3月6日接到控股股東及高管的通知,其將於2025年度業績發佈後的12個月內增持不超過5億港元股份。此前復星國際(00656.HK)發佈盈利預警公告稱,2025年度歸屬於母公司股東之虧損預計約為人民幣215至235億元。出現賬面虧損,主要是復星根據財務審慎性原則,對部分資產進行了一次性的非現金減值計提和價值重估。公司基本面穩健,將持續推進聚焦核心主業和瘦身健體的戰略,通過精細化運營促進業務增長,夯實長期價值。在3月8日的投資者電話會上,復星管理層強調,這是一次徹底的「風險出清」,通過一次性集中的非現金減值計提,有望夯實報表基礎、提升資產質量,有利於未來利潤釋放和經營表現真實反映。公司經營基本面穩健,融資能力穩定、渠道暢通,核心主業發展向好,未來三至五年將圍繞「百億利潤」目標持續邁進。復星也通過持續股份回購向市場傳遞信心。3月2日,復星國際宣佈,基於對公司長期發展前景的判斷,計劃於公開市場回購股份,回購總金額不超過10億港元。此前,復星國際已於2月27日斥資4,823.54萬港元回購1,302.7萬股。分析人士指出,近期復星通過一系列舉措連續向市場傳遞信心,理性分析可以看到,經過一次性減值計提的「大洗澡」後,市場有望迎來一個全新的復星。3月9日,復星國際(00656.HK)錄得紅盤收漲,股價震盪走高,最終收於3.83港元,較上一交易日上漲0.24港元,漲幅6.69%。當天,國泰海通證券發表研究報告,首次覆蓋復星國際,認為公司經營基本面持續向好,盈利動能加速釋放,未來彈性與業績向上空間值得期待,給予復星國際「增持」評級,目標價7.24港元,NAV價值每股18.1港元。報告指出,復星瘦身健體成效顯著,聚焦四大板塊,穿越週期拐點已現— 一方面大幅退出非戰略、非核心資產,加速聚焦有市場領導力的戰略核心業務;另一方面在全球範圍內嫁接中國能力,推動主業業績加速釋放,逐步打開全球市場。同日,高盛也發佈研究報告,維持復星國際「中性」評級並上調目標價。其在報告中指出,未來創新藥上市的強勁增長、保險業務的穩定增長、黃金珠寶零售業務的穩定,以及智造板塊運營改善和產出提升等因素,將驅動復星國際未來的利潤增長。復星為何在此時點推進資產減計?從市場角度看,復星一次性計提大額的非現金帳面虧損,一方面是風險出清,另一方面也是新舊動能的轉換。地產等傳統業務「風險出清」後,對復星影響會越來越小,復星未來主要依靠醫藥健康、保險金融、文旅等核心主業,通過創新研發和全球產業深耕推動業績增長。在創新藥賽道,2025年復星創新藥商業化打開了巨大的全球市場空間,與輝瑞簽訂的全球獨家許可協議潛在總金額超20億美元,與生物技術公司Clavis Bio達成的戰略合作,可獲得至多72.5億美元付款。2026年開年又與衛材株式會社就H藥漢斯狀達成協議,佈局日本這一全球第四大醫藥市場,潛在總金額超3億美元。在保險賽道,復星葡萄牙保險2025年前三季度淨利潤達1.7億歐元,同比增長11.7%;鼎睿再保險2025年上半年淨利潤8,880萬美元。近期,復星兩家國內保險公司相繼公佈2025年保費和淨利潤錄得可觀增長。其中,復星聯合健康保險業務收入達78.4億元,同比增長50%,增速在專業健康險公司中位居前列,全年實現淨利潤1.3億元;復星保德信人壽全年保險業務收入達125.98億元,較上年增長36.17%,實現淨利潤6.47億元,同比大幅增長超450%,盈利規模與質量邁上全新台階。此外,在文旅賽道,復星多個產品線取得新年開門紅。Club Med國內五家精緻「一價全包」度假村春節核心假期六日平均入住率達90%;三亞·亞特蘭蒂斯春節假期九日總營業額突破1.24億元,同比增長20%,創下歷史最佳表現。復星管理層在3月8日的投資人電話會議上也表示,未來3-5年力爭實現百億利潤,同時穩步推進降債和財務結構優化,力爭將集團負債降至600億左右,並爭取提升海外評級至投資級;在利潤逐步釋放的基礎上,持續提升股東回報。對復星來說,這次業績波動是一次深刻的戰略調整。市場預期復星輕裝上陣後,有望以更健康的資產結構、更強勁的核心能力穿越週期,為未來業績注入更多確定性。復星管理層也表示,「2026年復星將進入一個新的時代,迎來一個新的發展週期,我們對未來充滿信心。」 Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Impro Precision 2025 Profit Attributable to Shareholders Reaches Record High of HK$726.2 Million, Up 12.7% Year-on-Year, Forecast 2026 Sales Growth Rate to Accelerate to Mid-Double Digits
HONG KONG, Mar 10, 2026 - (ACN Newswire via SeaPRwire.com) – Impro Precision Industries Limited ("Impro" or the "Group”) (Stock Code: 1286), a world-leading manufacturer of high-precision, high-complexity, and mission-critical components, today announced its annual results for the year ended 31 December 2025 (the “Year”).In 2025, the revenue of the Group amounted to HK$5,095.5 million, representing a year-on-year increase of 8.7%. Profit attributable to shareholders of the Company amounted to HK$726.2 million, representing a year-on-year increase of 12.7%, while adjusted profit attributable to Shareholders amounted to HK$689.9 million, representing a year-on-year increase of 12.1%. Both set new records. Taking into account the sound cash flow position and business prospects of the Group, the Board resolved to declare a second interim dividend of 8.0 HK cents per share for 2025. Together with the first interim dividend of 8.0 HK cents per share for 2025 already distributed, dividend per share for the Year amounted to 16.0 HK cents. The Group’s robust financial performance, coupled with its forward-looking global footprint and diversified end-markets advantages, successfully attracted capital from Hong Kong, overseas, and the Chinese Mainland to purchase the Group’s shares during the Year. In 2025, the Group’s share price increased significantly by approximately 1.5 times compared to the end of 2024.During the Year, the artificial intelligence boom, significant fluctuations in U.S. tariff policies and ongoing geopolitical conflicts continued to intertwine, profoundly affecting the global market landscape and trends. By virtue of its solid business foundation and its enduringly effective strategies of “Global Footprint”, “Region for Region Manufacturing” and “Dual Source Production”, the Group successfully mitigated market risks and achieved growth in its results. In 2025, the development momentum of artificial intelligence remained strong, driving continued growth in demand for related data centers. As a key component of distributed power generators, the demand for high horsepower engines rose significantly, leading to a substantial year-on-year increase of 43.3% in the Group’s sales in the high horsepower engine end-market. This market became the Group’s largest sub-sector end-market in terms of sales during the Year, accounting for 22.1% of total revenue. Meanwhile, the growth in demand for liquid cooling systems related to artificial intelligence data centers was also very strong, driving a substantial year-on-year increase of 38.4% in revenue from the diversified industrials others end-market. In addition, as new products commenced mass production, revenue from the medical end-market recorded a significant year-on-year increase of 55.2%.Furthermore, as the Group’s Mexico SLP campus is still in the ramp-up stage, with high employee turnover leading to rising scrap rates, it continued to record a relatively large net loss during the Year. Although overall operations still face numerous uncertainties, the strategic value and commercial potential of the Mexico SLP Campus within the Group’s “Global Footprint” will gradually become apparent, with its long-term development potential and contribution worth expecting. In terms of internal management, as more employee dormitories in Mexico are successively put into use, it is expected that the issue of employee turnover will be effectively alleviated. Moreover, to seize the opportunities from the rapid growth of the global investment casting market and to meet strong customer demand, the Group will moderately increase the capital expenditure of the aerospace plant in the Mexico SLP Campus. Subject to prudent assessment, the Group will continue to seek opportunities to expand production capacity and process categories, aiming to share in the dividends of market growth. The Group expects capital expenditure for 2026 to be approximately HK$850 million, of which more than three-quarters will be allocated to the Mexico SLP Campus, with the remainder to be primarily invested in our plants in China.In addition, most of the plants in China have maintained stable operations and continued to achieve stellar financial performance and significant profit growth. With the successful relocation of Foshan Ameriforge (Plant 12) to Nantong and the gradual stabilization of its operations, the plant has demonstrated a steady growth trend in its performance. Plant 8 for surface treatment in Nantong is expected to achieve a turnaround to profitability in 2026.Looking ahead to 2026, in view of the expected continued strong growth of artificial intelligence data centers related products, coupled with a large number of new orders at the Mexico SLP Campus and the recovery of demand in certain end-markets, the Group’s sales revenue growth rate is expected to accelerate over the next two to three years. Based on the Group’s outstanding orders on hand and the progress of future new project development, the Group forecasts that the year-on-year sales growth rate in 2026 will be approximately mid-double digits.The Group expects the diversified industrials sector to continue to demonstrate robust growth momentum. In the high horsepower engine sector, as products are upgraded from castings and rough machining to a higher proportion of deep processing and partial full-finishing, combined with the successive mass production for new projects involving both existing and new customers, and with the large-scale sand casting workshop in Phase II of the Mexico SLP Campus commencing mass production in the middle of this year to provide more capacity, it is expected that high horsepower engine-related components will embark on a new growth curve starting from 2026.The aerospace, energy and medical sector will become one of the Group’s primary growth engines in the future. In the aerospace end-market, the Mexican plants obtained the initial phase of AS9100 quality system certification in January 2026. As aerospace products involve various specialized processes, it is expected that the relevant certifications will be completed successively in the second half of 2026, and mass production will gradually commence. In the medical end-market, the Group will continue to develop surgical robots and related products, which are expected to demonstrate certain growth potential in the coming years.According to industry forecasts, the global investment casting market is set to grow from approximately US$17.5 billion in 2025 to more than US$23.8 billion in 2031, of which approximately US$4 billion will be coming from the aerospace, energy and medical sector. To capture this market opportunity and gain a share of the market growth, the Group is continuously evaluating a potential spin-off and separate listing of the aerospace, energy and medical sector, as well as various other feasible financing options to support the expansion of future production capacity and process categories and make forward-looking preparations for the long-term sustainable development of the aerospace end-sector.To actively explore and lay out the medium-to-long-term growth momentum, the Group has formally established the “Future Business Unit”, which focuses on identifying and evaluating emerging market opportunities that align with the Group’s strategic direction, with the aim of cultivating potential growth projects for the Group and continuing to explore new opportunities amid future industry trends. The “Future Business Unit” will serve as a key innovation engine, assisting the Group’s existing “Aerotek Business Unit”, “Fluidtek Business Unit” and “Mechatek Business Unit” in enhancing market share and global industry status amidst dynamic competition and laying the foundation for the next stage of advancement.Mr. Lu Ruibo, Chairman and Chief Executive Officer of Impro, said, “Looking ahead, the Group will focus on the three core strategies of ‘Global Footprint’, ‘Diversified End-market’ and ‘Twin Growth Engine’, while simultaneously promoting the expansion of the diversified industrials, aerospace, energy, medical and automotive end-markets, and precisely seizing the strategic opportunities brought by the artificial intelligence. Meanwhile, the Group will continue to optimize its global production capacity allocation, give full play to the advantages of its global footprint, and actively promote end-market diversification and regional production synergy. In addition, the Group will continue to seek merger and acquisition opportunities with synergistic effects, strengthen its research and development and technical capabilities, drive continuous improvement of the Group’s results by providing diversified, high-quality products and services, and strive to create stable and growing returns for shareholders.” Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
鷹普精密2025年股東應佔溢利創新高至726.2百萬港元 同比上升12.7% 2026年銷售增長加速 預測增長率約為中雙位數
香港, 2026年3月10日 - (亞太商訊 via SeaPRwire.com) - 全球領先的高精密度、高複雜度及性能關鍵零部件製造商鷹普精密工業有限公司(「鷹普」或「集團」)(股份代號:1286)今天公佈截至2025年12月31日止年度(「年內」)之全年業績。2025年,集團的收入為5,095.5百萬港元,同比上升8.7%;本公司股東應佔溢利726.2百萬港元,同比上升12.7%,經調整股東應佔溢利為689.9百萬港元,同比上升12.1%,同創歷史新高。考慮到集團穩健的現金流狀及業務前景,董事會議決宣派2025年第二次中期股息每股8.0港仙,連同已分派的2025年第一次中期股息每股8.0港仙,全年每股股息達16.0港仙。集團財務表現穩健,加上前瞻性的全球化佈局以及多元化的終端市場佈局優勢,成功吸引了香港、海外及中國內地資金於年內買入集團股票,2025年集團股價同比2024年年底大幅上升約1.5倍。年內,人工智能熱潮、美國關税政策巨烈震蕩與地緣政治衝突持續交織,深刻影響全球市場格局與走向,集團憑藉穩固的業務根基及恆久有效的「全球化佈局」、「區域化製造」及「雙貨源生產」戰略,成功緩解市場風險,實現了業績增長。2025年,人工智能發展勢頭繼續強勁,帶動相關的數據中心需求繼續增長,大馬力發動機作為分佈式發電機關鍵組件,需求大幅上升,令集團大馬力發動機終端市場銷售同比大幅上升43.3%,其年內銷售額已成為集團第一大細分終端市場,佔總收入達22.1%。同時人工智能數據中心相關的液冷系統需求增長亦非常強勁,帶動多元化工業——其他終端市場收入同比大幅上升38.4%。此外,由於新產品開始批量生產,帶動醫療終端市場收入同比大幅上升55.2%。此外,集團墨西哥SLP園區仍在爬坡階段,加上員工高流失率導致廢品率上升,年內仍錄得較大淨虧損。儘管整體營運仍面臨諸多不確定性,但墨西哥SLP園區在集團「全球化佈局」中的戰略價值與商業潛力將逐步顯現,其長期發展潛力與貢獻值得期待。在內部管理方面,隨著墨西哥更多員工宿舍陸續投用,預期將有效緩解員工流失問題。此外,為把握全球熔模鑄件市場高速增長的機遇,同時配合客戶的殷切需求,集團將適度增加墨西哥SLP園區航空工廠的資本開支,並在審慎評估的前提下,持續尋求產能和工藝類別擴充的機會,以分享市場增長紅利。集團預料2026年資本開支金額為約850百萬港元,其中超過四分之三將預留予墨西哥SLP園區,其餘將主要投放於中國工廠。此外,集團中國區大部分工廠保持穩健經營,財務表現持續亮麗,利潤實現顯著增長。隨著佛山美鍛(12號工廠)順利搬遷至南通並逐步穩定營運,該工廠業績已呈現穩健增長態勢。位於南通的八號表面處理工廠,預計在2026年有望實現扭虧為盈。展望2026年,鑒於人工智能數據中心相關產品預期持續勁增長,加上墨西哥SLP園區大量的新訂單以及部分終端市場需求回暖,集團未來兩至三年銷售收入增長率將會加快。參考集團在手未交付訂單和未來新項目開發的進度,集團預測2026年銷售同比增長率約為中雙位數。集團預計多元化工業終端板塊將繼續展現強勁增長勢頭。在大馬力發動機領域,隨著產品由毛坯,粗加工向更高比例的深度加工及部分全精加工升級爬坡,結合現有客戶和新客戶的新項目陸續量產以及墨西哥SLP園區二期的大型砂型鑄件車間將於今年年中正式量產可提供更多產能,預計大馬力發動機相關零部件將於2026年起開啟新一輪增長曲線。航空,能源及醫療終端板塊未來將成為集團主要的增長引擎之一。在航空終端市場方面,墨西哥工廠已於2026年1月取得航空首階段 AS9100質量體系認證,由於航空產品涉及多項特種工藝,預計相關認證將於2026年下半年陸續完成,屆時將逐步開始批量生產。醫療終端市場方面,集團將持續開發手術機械人等相關產品,預計未來數年將展現一定的增長潛力。根據行業預測,全球熔模鑄件市場規模將從2025年的約175億美元增長至2031年的約238億美元以上,其中約40億美元的增量來自航空、能源及醫療終端市場。為捕捉這一市場機遇,從市場增量中獲得一定的份額,集團正持續評估將航空、能源及醫療終端板塊進行獨立分拆上市,以及其他各種可行的融資方案,以支持未來產能與工藝類別的擴充,並為航空終端板塊的長期可持續發展作前瞻部署。為積極探索與佈局中長期成長動能,集團已正式成立「未來事業部」,專注於發掘並評估符合集團戰略方向的新興市場機會,旨在為集團儲備具潛力的增長項目,並持續探索未來產業趨勢中的新機遇。「未來事業部」將扮演關鍵的創新引擎,同時亦會協助集團現有之「航空事業部」、「流體事業部」及「機械事業部」在動態競爭中提升市場佔有率和全球行業地位,為下一階段的躍升奠定基礎。鷹普主席兼行政總裁陸瑞博先生表示:「展望未來,集團將以『全球化佈局』、『多元化終端』與『雙引擎增長』三大戰略為核心,同步推進多元化工業、航空、能源及醫療和汽车終端市場的拓展,並精準把握人工智能帶來的戰略性契機。同時,集團將持續優化全球產能配置,充分發揮全球化佈局優勢,積極推進终端市场多元化及區域產能協同。此外,集團亦會持續關注具協同效應的併購機會,強化研發與技術能力,透過提供多元化,高品質的產品與服務,推動集團持續進步,致力於為股東創造穩定且具成長性的回報。」 Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Natural Beauty’s 2025 Annual Results Show Steady & Robust Growth
HONG KONG, Mar 10, 2026 - (ACN Newswire via SeaPRwire.com) – The well-known dual-listed beauty and skincare group in Asia, Natural Beauty Bio-Technology Limited ("Natural Beauty"), together with its subsidiaries (the "Group"; Hong Kong stock code: 00157), today announced its annual results for the year ended 31 December 2025 ("Review Period"). The Group's revenue increased by 52.4%, exceeding HK$538 million. And profit surged by 110.2% to HK$10.58 million, marking a fundamental turnaround from a net loss of HK$103.6 million in FY2024.Natural Beauty Fengxian Smart FactoryCore Figures Reflects Remarkable Transformation SuccessMainland China remained the Group's key growth engine. In 2025, revenue in the PRC market increased by 74.7% from HK$255 million to HK$446 million, accounting for 82.7% of the Group's total revenue. Specifically, product sales in the PRC market grew by 73.4% to HK$438.3 million, while the self-owned stores income soared by 208.9% to HK$7.5 million, reflecting balanced and high-quality expansion across both segments.High-Quality Expansion of Store NetworkThe Group has achieved high-quality expansion of its store network. As at December 31, 2025, the number of franchisees and points of sale reached 2,070, representing a significant increase from 1,768 in 2024. Among them, 425 new franchisees were opened, and the number of directly operated stores also increased to 23. During the Review Period, the total number of new stores opened by the Group rose by 116 year-on-year, further improving the store network and unlocking the brand's growth potential.Strategic Drivers Deliver Leapfrog GrowthDr. Lei Chien, Chairperson of Natural Beauty, stated: "2025 marks a pivotal founding year for Natural Beauty to achieve structural breakthroughs. The Group has steadily expanded its diversified business portfolio and entered a new phase of high-quality growth. The full implementation of our core strategy of 'Al Beauty Technology, Holistic Health’ strategy has driven the Group's performance to achieve leapfrog growth. Fully embracing large AI model technology, the Group has integrated it across the entire value chain—from production and supply chain forecasting to customer after-sales service. We are committed to building an authoritative AI-driven skin health testing platform, which, through training on millions of samples, provides consumers with precise skincare solutions and offers franchisees more effective operational strategies."Mr. Cheng Chi-chung, Chief Executive Officer of the Group, stated: "Over the past year, centering on the Group's core strategy of ' Al Beauty Technology, Holistic Health', we have continuously promoted the comprehensive upgrade of the enterprise's operational system, transforming Natural Beauty from a traditional beauty brand into a technology-driven beauty ecosystem platform. The AI data system is gradually becoming a crucial support for the Group's operational decision-making. From consumer demand insights and product R&D directions to in-store service design and membership management, we are progressively forming a data-driven operational system."Fengxian Smart Factory New Exhibition CenterClear Future Development BlueprintLooking ahead, the Group will continue to implement the " Al Technology, Beauty Industry, Holistic Health" strategy. Relying on strategic cooperation with Baidu and Fudan University International Finance School, we will deeply explore the core empowering role of AI technology in product R&D, digital store construction, smart marketing, and automated management system upgrades. The Group plans to achieve high-speed revenue growth this year and become a leading enterprise in the beauty and wellness industry across Mainland China and the Taiwan region.About Natural Beauty Bio-Technology Limited (Hong Kong stock code:00157)A China’s leading listed beauty and skincare brand established in 1972, has championed its core philosophy of "Natural Beauty Is True Beauty" for 55 years. Driven by its "AI Technology, Beauty Industry, Holistic Health" integrated strategy, the brand operates a global network of over 2,093 outlets. As a Chinese-origin transnational biotech pioneer, Natural Beauty continues to propel innovation in the cosmetics and skincare sector.Media enquiriesStrategic Financial Relations LimitedMandy GoTel: +852 2864 4812Email: mandy.go@sprg.com.hkMaggie ZhangTel: +852 2114 4903Email: maggie.zhang@sprg.com.hkWebsite:http://www.sprg.com.hk Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
自然美2025年度業績穩健躍升 「AI科美 大健康」戰略驅動轉虧為盈
香港, 2026年3月10日 - (亞太商訊 via SeaPRwire.com) - 亞洲知名美容護膚集團自然美生物科技有限公司(「自然美」)及其附屬公司(以下簡稱「集團」;香港上市股份代號:00157)今天公佈截至 2025 年 12 月 31 日止全年業績(「回顧期」)。集團全年營業額增長近 52.4%,突破 5.38 億港幣。溢利激增 110.2% 達 1,058 萬港幣,對比 2024 年淨虧損103.6 百萬港幣實現根本性扭轉。東森自然美奉賢智慧工廠核心數據彰顯轉型成效中國大陸市場作為集團增長核心引擎,2025 年營業額同比大幅增長 74.7%,從2024年的2.55億港幣躍升至4.46億港幣,佔集團總營業額的 82.7%。其中,大陸市場產品銷售額同比增長73.4%至438.3百萬港幣,直營門店服務收入同比激增208.9%至7.5百萬港幣,雙板塊同步高增長。門店網路高質量擴張集團的門店網絡實現高質量擴張,截至 2025 年 12 月 31 日,加盟店及銷售點達 2,070 家,較 2024 年的 1,768 家大幅增加,其中加盟渠道新開門店 425 家,直營門店也增加至 23 家,回顧期內,集團合共開設店鋪數量同比去年增加 116 家,進一步完善門店網絡釋放品牌增長潛力。戰略驅動跨越式增長自然美生物科技主席雷倩博士表示:「2025 年是自然美實現結構性突破的關鍵元年,集團穩步拓展多業務版圖,邁入高質量增長新階段,『AI 科美、大健康』核心戰略的全面落地,推動集團業績實現跨越式增長。集團全面擁抱 AI 大模型技術,將其融入生產供應鏈預測到客戶售後服務的全鏈路,致力於打造權威的 AI 肌膚大健康檢測平台,通過數百萬級樣本訓練,為消費者提供精準護理方案,也為加盟主提供更有效的經營策略。」集團行政總裁鄭吉崇先生表示:「過去一年,我們圍繞集團『AI 科美、大健康』核心戰略,持續推動企業經營體系的全面升級,使自然美由傳統美業品牌,逐步邁向以科技驅動的美業生態平台。AI 數據系統正逐步成為集團經營決策的重要支撐,從消費者需求洞察、產品研發方向,到門店服務方案設計與會員管理,逐步形成以數據驅動的運營體系。」奉賢智慧工廠新展映中心未來發展藍圖清晰展望未來,集團持續貫徹「AI 科美、大健康」戰略,依託與百度、復旦大學國際金融學院的戰略合作,深挖 AI 技術在產品研發、數字化門店、智慧化行銷以及自動化管理系統升級等方面的核心賦能作用。集團計劃今年仍能實現營業額高速增長,成為中國大陸及台灣地區的頭部美妝大健康產業。關於自然美生物科技有限公司(香港上市股份代號:00157)東森自然美作為中國領先的上市美容護膚品牌,自 1972 年創立以來,始終以「自然就是美」為核心理念,深耕行業 55 年。依托「AI科美、大健康」戰略驅動,品牌在全球佈局2,093 家門店,成為國人自主創立的跨國生物科技標桿,持續引領美妝護膚行業革新。傳媒聯絡方法:縱橫財經公關顧問有限公司吳燕霞電話:2864 4812電郵:mandy.go@sprg.com.hk張銘伊電話: 2114 4903電郵 : maggie.zhang@sprg.com.hk 網站: http://www.sprg.com.hk Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
51WORLD旗下51Sim以53.5%市佔率穩居中國高階智能駕駛仿真市場第一
香港, 2026年3月10日 - (亞太商訊 via SeaPRwire.com) - 3月9日,北京五一視界數字孿生科技股份有限公司(股票代碼:06651,以下簡稱「51WORLD」或「公司」)欣然宣佈,根據全球增長諮詢公司弗若斯特沙利文近日發佈的《中國物理AI仿真及數據平台研究報告》,公司三大核心業務之一51Sim以53.5%的市場份額位居中國端到端高階智能駕駛仿真及數據平台市場第一。頭部車企合作倍增,產業生態深度覆蓋得益於51Sim在2025年產品研發與市場拓展方面的突出表現,公司與中國前10名汽車企業的合作數量實現跨越式增長——從2024年的4家增至2025年的8家,覆蓋率達到80%。除頭部汽車企業外,51Sim更在2025年實現了對高階智駕仿真上下游產業鏈的深度滲透,與一級供應商、國家級核心檢測機構及重點高校形成了高度協同的產業生態網絡。截至目前,公司已與六大國家級權威檢測機構達成全面合作,覆蓋率達100%。政策東風疊加千億市場,增長空間可期基於51Sim在高階智能駕駛仿真產業鏈的深度佈局,公司充分受益於行業政策紅利。2026年新版《道路機動車輛生產企業准入審查要求》明確規定,智能駕駛車輛上路前必須完成仿真測試,這一剛性需求將為51Sim帶來持續的市場增量。弗若斯特沙利文預測,中國物理AI仿真及數據平台市場規模將在2030年達到人民幣1,806.1億元。51WORLD預期,51Sim將迎來更為廣闊的市場空間與收入增長機遇。關於北京五一視界數字孿生科技股份有限公司51WORLD(股票代碼:06651)是一家專注於數字孿生技術的創新型企業,致力於通過物理AI仿真及數據平台為智能駕駛、智慧城市等領域提供核心技術支撐。公司三大核心業務之一的51Sim已成為中國高階智能駕駛仿真領域的領軍品牌。本新聞稿僅供參考,不構成任何投資建議。 Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Xiamen C&D Inc.’s New Five-Year Strategic Plan Released, Aiming to Accelerate Globalization
Xiamen,China, Mar 10, 2026 - (ACN Newswire via SeaPRwire.com) - IIn January 2026, Xiamen C&D Inc. (stock code: 600153.SH) officially released its 2026–2030 strategic plan for its supply chain operations. Over the next five years, the company will focus on three strategic goals: improving economic efficiency, strengthening market position, and expanding overseas scale. It will also enhance five core competencies: specialization, internationalization, digitalization, foresight, and resource capabilities. Through these efforts, Xiamen C&D Inc. aims to shift from a scale-driven model toward a dual-engine growth model powered by efficiency and innovation.According to the plan, Xiamen C&D Inc. will focus its efforts on the following five areas. :(1) Stick to specialized operations and promote differentiated management;(2) Accelerate its international footprint while deepening localized operations;(3) Strengthen digital and intelligent capabilities to empower the supply chain ecosystem;(4) Enhance endogenous foresight and optimize overall resource capabilities;(5) Reinforce innovation-driven development and cultivate a second growth curve to inject new momentum for the company’s long-term growth.Over the next five years, Xiamen C&D Inc. will consolidate its operations through specialization, expand growth potential through internationalization, improve efficiency through digitalization, address cyclical challenges with internal foresight, and reinforce competitiveness through resource capabilities. By doing so, the company will strive to move from "domestically excellent" to "internationally leading" and achieve high-quality development.Media contactCompany Name: Xiamen C&D Inc.City, State, Country: Xiamen, ChinaContact Person: Marketing TeamWebsite: https://www.chinacnd.com/ Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Agent first不是口號:LeapCat.ai如何讓AI”嵌入”而非”附著”于金融業務
香港, 2026年3月10日 - (亞太商訊 via SeaPRwire.com) - 大多數 AI 是副駕駛,LeapCat AI 是自動駕駛--你只需要告訴它目的地。一、傳統模式的致命缺陷傳統投資流程:用戶盯盤 - 發現機會 - 打開 App - 下單。這個鏈條充滿結構性問題。信息延遲:熱門 IPO 額度在開放申購后幾分鐘內被搶光,美股突發新聞后的第一波行情由量化基金收割,散戶看到的"機會"大多是別人吃剩的殘羹。執行損耗:打開 App、輸入代碼、選擇賬戶、計算倉位、確認下單,每一步都在消耗時間。情緒干擾:盯盤本身是情緒勞動,貪婪與恐懼在最需要理性時最容易滋生。金融交易正在經歷從"算法交易"(規則驅動,機械執行)到"智能體交易"(推理、規劃、記憶、協作)的范式躍遷。LeapCat 的 Agent first 哲學,正是對這一躍遷的實踐。二、LeapCat:讓 AI 成為"自動駕駛"Agent first 不是"App + 一個 AI 助手",而是"AI 作為交易的第一執行者"。LeapCat 將投資流程重構為四個閉環階段:感知(7×24小時監控全球市場,融合多源信息提取關鍵信號)→ 推理(多智能體協作框架并行啟動,決策速度提升千倍)→ 執行(自動調撥資金、計算動態杠桿、提交訂單、設置止盈止損,毫秒級完成)→ 進化(決策全過程存入分層記憶系統,越用越懂你)。LeapCat 從第一行代碼開始,就假設"執行者不是人,是 AI"。所有功能以 API 形式存在,杠桿交易、跨市場接入、USDT 結算每一個模塊都是"可被 Agent 調用的服務",而非"需要人類點擊的按鈕"。三、"無縫嵌入"的含金量多數金融平臺的"AI"止步于智能客服--這是附著,不是嵌入。LeapCat 的 Agent first 走得更遠:直接調用系統資源(調撥資金、提交訂單)、覆蓋全鏈路交易(從信息獲取到決策執行一氣呵成)、介入核心業務(杠桿計算、風險控制每個環節都有 Agent 身影)、可審計可干預(用戶可隨時暫停、審查、調整)。附著是"問它答它",嵌入是"讓它做它"。 LeapCat 選擇后者。金融的底線是信任,而傳統 AI 像個黑箱。LeapCat 的"嵌入"是可驗證、可追溯、可控制的:Agent 的每一個判斷清晰可查,每一筆資金流動鏈上存證不可篡改,授權隨時可撤銷。這不是信任某個機構,而是信任一套可驗證的系統。同時LeapCat 嚴格遵循全球多地區金融監管要求,接入的資產、渠道與服務均完成合規準入。所有合作方均經過嚴格資質審核,確保生態透明、穩定、可信。四、愿景:從工具到合伙人今天的 AI Agent 需要你下令:"監控港股 IPO""止盈設 20%"。明天的 AI Agent,會在你想到之前已經替你做好。這不是魔法,而是分層記憶與性格設計--智能體不僅記住你買過什么,更讀懂你的投資性格:激進還是保守?長線還是短線?從"你告訴它做什么"到"它知道你想要什么",這是 AI 從工具到合伙人的躍遷。Agent first 的真正目的,不是用 AI 替代人,而是讓人和 AI 各自歸位:人擅長設定目標、判斷價值;AI擅長7×24小時監控、毫秒級執行、零情緒干擾。未來,你的 Agent 不僅懂你,還會與券商、基金、監管的 Agent 自主對話,協商費率、完成合規披露,成為數字世界的"金融公民"。"當每個人都有了一個永不休息、持續進化的數字交易員,你打算用它做什么?"關于 LeapCat AI: 全球首家 Agent first 設計的平臺。致力于通過智能分身和先進金融科技,為全球市場提供高效便捷的資產流動性解決方案。核心功能:- 全球資產接入(港股、美股、A 股,支持杠桿交易)- 分層記憶系統(構建可進化的用戶畫像)- USDT 快速入金(簡化 KYC,資金流轉更高效)Brand: LeapcatContact Person Name: JakeAddress (with Postcode): Manulife Place, Kowloon, Hong KongOfficial Website: https://leapcat.ai Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Fosun International: One-Off Non-Cash Impairment Provisions for Certain Non-Core Businesses, Core Industries Maintain Sound Development Momentum
HONG KONG, Mar 9, 2026 - (ACN Newswire via SeaPRwire.com) – On 6 March, Fosun International (00656.HK) issued a profit warning announcement stating that, based on the information available to the Company and the latest unaudited consolidated management accounts, the loss attributable to owners of the parent of the Company for the year ended 31 December 2025 is expected to be approximately RMB21.5 billion to RMB23.5 billion. The substantial loss is primarily attributable to one-off non-cash impairment provisions and value revaluations on certain real estate projects and goodwill of certain non-core business segments.In the announcement, Fosun International set out the primary reasons for the substantial book loss for the year. First, during the 2025 Financial Year, the real estate industry continued in a downward cycle with overall weak market demand, exerting pressure on the Group’s real estate business segment. Second, due to changes in market conditions, the Company has made impairment provisions on goodwill and intangible assets of certain non-core business segments to objectively reflect their value. The Company emphasised that the above-mentioned substantial non-cash impairments and provisions will not affect the overall operations and cash flows of the Company. The Company’s fundamentals remain stable.Market analysts noted that the impairment recognised by Fosun represents a prudent financial measure aimed at “removing historical burdens.” It does not affect the Company’s operating cash flows, nor does it undermine its long-term investment value, with its asset base remaining solid. From another perspective, following the recognition of these substantial impairment provisions, the Company’s net assets — still at a scale of nearly RMB100 billion level — remain robust, and its net asset value (NAV) may even record growth, meriting close attention from investors.According to Fosun International’s 2024 annual report, as at 31 December 2024, net assets attributable to owners of the parent amounted to RMB118.103 billion. Based on the mid-point of the expected loss disclosed in the profit warning (RMB22.5 billion), and assuming the impairment is fully reflected, net assets attributable to owners of the parent would be approximately RMB95.603 billion after deduction, still maintaining a scale close to RMB100 billion. Even if calculated based on the upper end of RMB23.5 billion, net assets would remain at approximately RMB94.603 billion. Overall, the Group’s asset structure remains sound and resilient.It is worth noting that the impairment provisions are primarily concentrated in the real estate segment and the goodwill of certain non-core businesses. These adjustments not only reflect prudent measures taken in response to the continued downturn cycle in the real estate industry, but also represent the continued implementation of Fosun’s strategy of “streamlining and strengthening” and “focusing on its core businesses.” In fact, since 2025, the appreciation and value realisation of Fosun’s core assets have not only been capable of offsetting the impact of these impairments, but may also contribute incremental growth to net assets.According to publicly available information, in 2025 Fosun’s core business segments, including pharmaceuticals and healthcare as well as insurance and finance, delivered strong performance and have maintained robust momentum entering 2026.In the innovative drug segment, Fosun’s innovative drug commercialisation in 2025 opened up significant global market opportunities. The global exclusive licensing agreement signed with Pfizer carries a potential total value of over US$2 billion, while the strategic cooperation agreement entered into with biotechnology company Clavis Bio may entitle the Company to receive payments of up to US$7.25 billion.At the beginning of 2026, Fosun further entered into an agreement with Eisai Co., Ltd. in relation to HANSIZHUANG, positioning itself in Japan, the world’s fourth-largest pharmaceutical market, with a potential total value of over US$300 million.In the insurance segment, Fidelidade recorded net profit of €170 million for the first three quarters of 2025, representing a year-on-year increase of 11.7%. Peak Reinsurance reported net profit of US$88.8 million for the first half of 2025.Recently, two of Fosun’s domestic insurance companies successively announced substantial growth in premium income and net profit for 2025. Fosun United Health Insurance recorded business income of RMB7.84 billion, representing a year-on-year increase of 50%, ranking among the fastest-growing specialised health insurers, and achieved net profit of RMB130 million for the year. Pramerica Fosun Life Insurance recorded annual insurance business income of RMB12.598 billion, representing a year-on-year increase of 36.17%, and achieved net profit of RMB647 million, representing a significant year-on-year increase of over 450%, marking a new level in both the scale and quality of profitability.In addition, in the tourism and culture segment, several of Fosun’s business lines achieved a strong start to the new year. During the core six-day Spring Festival holiday period, the average occupancy rate of Club Med’s five premium all-inclusive resorts in China reached 90%. Atlantis Sanya recorded total revenue of over RMB124 million during the nine-day Spring Festival holiday period, representing a year-on-year increase of 20% and achieving its best performance on record.“The decision by Fosun to recognise a substantial one-off non-cash book loss in the current annual financial statements represents a proactive step to clear risks and to further advance its strategy of ‘streamlining and strengthening’ and ‘focusing on its core businesses’,” the above-mentioned analysts stated. Following the removal of these historical burdens, Fosun’s future growth trajectory will become clearer. In particular, its core businesses, including pharmaceuticals and healthcare, insurance and finance, and tourism, will receive greater resource allocation and serve as key value anchors.Fosun has also recently conveyed confidence to the market by increasing its share repurchase efforts. On 2 March, Fosun International announced that, based on its assessment of the Company’s long-term development prospects, it plans to repurchase shares on the open market in the period from the publication of the 2025 annual results announcement up to the date of the 2026 annual general meeting, with a total repurchase amount not exceeding HK$1 billion. Prior to this, on 27 February, Fosun International had already repurchased 13.027 million shares on the open market at an aggregate consideration of HK$48.2354 million. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
「新增長機遇-新資產敘事」廣發証券2026年春季資本論壇成功舉辦
深圳, 2026年3月9日 -(亞太商訊 via SeaPRwire.com) - 3月5日至6日,由廣發証券主辦的以「新增長機遇•新資產敘事」為主題的2026年春季資本論壇在深圳成功舉辦。本次論壇精心策劃了一場主論壇及七場分論壇,議題廣泛覆蓋AI、商業航天、能源周期、大類資產、地產、固收、量化等多個熱門話題,為參會者奉上了一場專業的思想盛宴。論壇吸引了近700家上市公司與投資者進行深入互動交流,40餘位產業界資深代表發表了精彩演講,現場參會投資者超過4000人。廣發証券總經理秦力出席本次論壇活動。 主論壇上,廣發証券副總經理張威代表公司致辭。他指出,2026年作為「十五五」規劃的開局之年,中國經濟將在消費與投資雙引擎的驅動下,通過新舊動能的深度融合及國內國際雙循環相互促進,釋放前所未有的新增長機遇。特別是以AI為代表的新技術與場景化應用加速落地,為優質中國資產的價值重估提供了戰略窗口。張威還回顧了廣發証券成立35年來穩居國內頭部券商前列的發展歷程,強調公司將繼續聚焦專業能力建設、客需驅動發展及數智化轉型方向,持續革新研究體系,刷新核心能力,穩步向具有全球競爭力的一流投資銀行邁進,為金融強國建設貢獻力量。中國社會科學院大學教授、中國工業經濟學會名譽會長江小涓,中國人民大學區域國別研究院院長、國際關係學院副院長翟東升,中微公司資深副總裁、全球業務管理及刻蝕產品事業總部、EPI及D-RID PECVD產品部總經理叢海等重量級嘉賓,分別圍繞各自的研究和行業領域發表了主題演講。 江小涓圍繞「當前經濟形勢和十五五規劃的幾個關鍵問題」進行分享,對當下面臨的核心問題與挑戰做了精準定位,並結合發展目標,從創新、改革和開放三個維度分析了未來的政策脈絡。 翟東升圍繞2026世界政治與地緣衝突,分享了當下全球政治格局新特徵、美國的戰略傾向,並展望了未來中美博弈的階段特點、關鍵節點和核心競爭領域。 叢海則從中微公司的業務發展實際出發,闡述了微觀製造產業的戰略重要性,並分享了科創企業實現高速、穩定、健康和安全發展的「五個十大」寶貴經驗。廣發証券首席經濟學家郭磊博士與策略首席分析師劉晨明也分別圍繞「觀往知來:四個維度看本輪新技術周期的影響」「非美資產表現與後市觀點」發表了主題演講。他們憑藉深厚的專業功底和敏銳的市場洞察力,為參會者提供了獨到的經濟分析與投資策略建議。郭磊博士認為,「2028全球智能危機」的觀點是不正確的,技術衝擊就業的觀點幾乎在每輪技術革命時都會出現。歷史規律顯示,技術進步整體是就業中性的;只是在導入期、展開期兩個階段,會呈現不同的宏觀效應。中國經濟在展開期階段具備顯著的內生優勢,且政策重視技術場景化,未來會有廣闊的發展空間。在技術進步不同階段,資產選擇有不同特徵。2026年資產市場將呈現新舊資產分化收斂的形態,其中科技類資產中期潛力突出但短期賠率約束,消費類資產中期勝率高但短期賠率高,周期類資產短期勝率與賠率雙高,建議均衡配置。劉晨明指出,伊朗局勢惡化之前,全球非美市場持續創出歷史新高,體現非美流動性非常充裕,當然更重要的還是大多數經濟體的經濟領先指標都在持續回升。A股亦是如此,2026年大概率是時隔5年ROE再次回升。短期來看,伊朗問題難以準確研判,配置上核心是圍繞一季報(成長和周期),進可攻退可守。中期維度,情況可能更加清晰,中期選舉年,特朗普很難接受油價中樞持續上漲帶來的美股戴維斯雙殺。因此,全面來看,非美資產繼續維持牛市環境的概率較大。論壇現場同步發布了「廣發研究」品牌煥新升級宣傳片,凸顯了廣發証券研究品牌的「專業化、國際化、數字化」核心特質,全面展示了廣發証券在研究領域的深厚底蘊與創新活力。此次品牌升級不僅是視覺形象的升級,更是戰略內核的昇華,標誌著廣發証券將以更加深度、開放的姿態擁抱全球市場,以更加智能的服務賦能客戶,持續為投資者創造價值。本次春季資本論壇由廣發証券研究、投行、財富資管、期貨等多個業務條線共同策劃,成功搭建了上市公司與投資者之間高效溝通的橋樑,充分彰顯了公司在優勢產業賽道上的專業實力與市場影響力。站在公司成立35周年的新起點上,廣發証券將繼續積極把握產業變革和全球市場機遇,以自身的積極作為推動資本市場高質量發展,為科技創新與產業創新深度融合貢獻力量。 Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
今天,五一視界納入港股通正式生效!
香港, 2026年3月9日 - (亞太商訊 via SeaPRwire.com) - 近日,根據上海證券交易所及深圳證券交易所發佈的港股通調整通知,五一視界H股已被正式納入港股通標的證券名單,調整自2026年3月9日起生效。自生效日起,符合港股通准入條件的內地投資者可通過滬港通、深港通下的港股通機制,直接交易公司在香港聯交所上市的H股。關於五一視界北京五一視界數字孿生科技股份有限公司(簡稱:五一視界或51WORLD,股票代碼:6651.HK),於2015年2月成立,是中國首家登陸資本市場的"物理AI"核心基礎設施企業。公司以"克隆地球5.1億km²"為願景,致力於構建數字世界與物理世界之間的橋樑。面對人工智慧從大語言模型(LLM)向世界模型(World Model)演進的時代浪潮,五一視界已構建起物理 AI 的三大核心技術要素:世界空間模型、仿真訓練平臺及合成數據燃料。當前,公司已打造三大商業平臺:51Aes(數字孿生平臺)、51Sim(合成數據與仿真平臺)、51Earth(數字地球平臺),業務網路覆蓋全國及海外19個國家與地區,服務全球超千家大中型企業客戶。公司以"科技自立自強"為戰略根基,通過"晶片-系統-生態-應用"的閉環生態,構建了完整國產化體系,加速AI與實體經濟的融合與落地,助力打造智能經濟新形態,並充分借助資本市場的資源與力量,在更廣闊的市場中釋放技術價值與產業影響力。 Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Raya Blooms in the Heart of Nature at Spritzer EcoPark
Escape the hustle and bustle of city-life to enjoy nature at its best amidst the Hari Raya décor and festivitiesPhoto 1: A vibrant nature-inspired Raya backdrop at Spritzer EcoPark welcomes Malaysians to slow down, reconnect and make meaningful festive memories.TAIPING, Malaysia, Mar 9, 2026 - (ACN Newswire via SeaPRwire.com) - This Hari Raya Aidilfitri, amidst the hustle, bustle and heat of life-in-the-city, Spritzer EcoPark invites all Malaysians to slow-down, cool-down and refresh and recharge in the lush, natural surroundings of Malaysia’s rainiest town. Once again, celebration of the Raya season has been brought to life among nature. Nestled within Taiping’s verdant greenery, the EcoPark is once again transformed into a vibrant Raya destination that instantly evokes the joy of balik kampung in a space where tradition meets the tranquillity of the outdoors.In anticipation of the joyous month of Syawal approaches, visitors can immerse themselves in the timeless charm of traditional Malaysian Raya décor beginning 10 March 2026, such as ketupat, glowing pelita oil lamps, crescent moon motifs, decorative arches, and vibrant wau installations. These hallmark festive elements beautifully transform the Spritzer EcoPark, embodying the spirit of togetherness and reunion that make Hari Raya a meaningful time for all.Set against the EcoPark’s natural surroundings, the festive displays offer visitors a refreshing alternative to celebrate the spirit of Raya beyond the bustling city, inviting visitors to enjoy leisurely walks, picturesque moments, and quality time with family and friends. Admission to Spritzer EcoPark remains free for all visitors. Photo 2 and 3: Familiar Raya motifs like the ketupat, glowing pelita lamps, and colourful waus brighten the paths of Spritzer EcoPark, evoking the joy of balik kampung at every corner.“Raya is a time when many people travel back to their hometowns or visit family and friends to celebrate with meaningful moments together. With the increasing urbanisation or distance, not everyone has the option to balik kampung all the time. With the Spritzer EcoPark, we hope to provide an alternative destination by re-creating that feeling of belonging and connection in a space where visitors can slow down, reconnect with loved ones, and enjoy the holiday period in a refreshing natural setting,” said Winnie Chin, Head of Public Relations at Spritzer.From 19 March to 29 March 2026, visitors can also look forward to a range of special activities taking place as Spritzer EcoPark into a hub of light-hearted fun for all ages. They roll up their sleeves at Raya-themed DIY and crafting workshops, where families experience the shared joy of making something by hand and creating festive keepsakes.Nearby, the Paddle Cart rides wind through scenic routes, turning the park’s natural beauty into a mini adventure for families to explore the park grounds. The EcoPark’s popular 18-hole Mini Golf Course, which welcomes visitors all year-round, also provides guests the added highlight of playing the game with a limited-edition LED Golf Ball as a glowing keepsake to light up the Raya season.Before heading home to prepare for their Raya open houses, visitors can stop by the Water Shop to stock up on Spritzer products to ensure guests stay refreshed and hydrated throughout the celebrations. The Souvenir Shop also offers exclusive merchandise and keepsakes that make perfect gifts or mementos of a memorable visit to the park.Beneath the glowing lights and beautiful decorations, Spritzer EcoPark continues its commitment to creating meaningful, nature-inspired experiences that bring communities together while encouraging creativity, sustainability, and appreciation for the environment.Spritzer EcoPark warmly wishes everyone Selamat Hari Raya Aidilfitri, Maaf Zahir dan Batin. May this Syawal bring continued blessings and a year illuminated with peace and gratitude for all. Come and celebrate Hari Raya Aidilfitri at Spritzer EcoPark, bring your loved ones, your camera and your festive spirit for a joyful celebration with us!Follow Spritzer EcoPark on social media for the latest updates:Facebook – https://www.facebook.com/SpritzerEcoparkInstagram – https://www.instagram.com/spritzerecoparkThreads – https://www.threads.com/@spritzerecoparkTikTok – https://www.tiktok.com/@spritzer.ecoparkFor more high-resolution photos, please download them here. About SpritzerEstablished in 1989, Spritzer is a leading Malaysian bottled water brand, sourcing natural mineral water from a protected 430-acre rainforest in Taiping. Naturally filtered through underground rock layers for over 15 years, our water is enriched with essential minerals like Silica, known to support skin, bones, hair, and nails.Combining smart manufacturing with sustainable practices, Spritzer ensures every bottle meets the highest quality and safety standards. Our packaging is 100% recyclable and made from recycled materials, reflecting our commitment to environmental stewardship and a circular economy.Tested annually by SIRIM to be free from microplastics, Spritzer offers consumers trusted, natural hydration. Our diverse product range includes Natural Mineral Water, Original and Flavoured Sparkling Water, Distilled Water, and Fruit-Flavoured Beverages—crafted to suit every lifestyle and occasion.With a clear vision to become a fully circular brand by 2030, Spritzer leads the industry in innovation, quality, and sustainability.Spritzer — where nature, innovation, and sustainability come together in every bottle.For more information, visit www.spritzer.com.myFor media inquiries please contact:Imelia KyraAssociate Consultant, Narro CommunicationsE: imelia@narrocomms.comWinnie ChinHead of Public Relations, Spritzer BhdE: winniecgl@spritzer.com.my Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Huatai Securities Convenes 2026 Spring Investment Summit in Shanghai
Shanghai, Mar 9, 2026 - (ACN Newswire via SeaPRwire.com) – In early March 2026, Huatai Securities held its 2026 Spring Investment Summit in Shanghai. Convened under the banner of seizing opportunity, embracing innovation and planning for the long term, the summit brought together investors, corporates and policy experts to examine market dynamics amid a period of profound structural change and to identify forward-looking investment opportunities.The two-day event featured a flagship plenary session alongside 11 sector-focused forums, addressing a broad range of market-defining topics, including the outlook for US politics, defense technology, policy interpretation following China’s “Two Sessions”, and the macroeconomic and market outlook for 2026.In her opening remarks, Dr. LIANG Hong, Chair of the Institutional Business Committee at Huatai Securities, observed that China is at a critical revival moment and delivering a strong start to the 15th Five-Year Plan will be the policy priority in 2026. A convergence of structural forces is reshaping upstream pricing dynamics and industry fundamentals: with PPI turning positive; building a unified national market; deepening supply-side rationalization reforms; the approaching 2030 carbon-peak milestone; elevated resource-security priorities; and a new direction for AI-capex. She noted that the upward re-rating of Chinese assets began in 2025 will broaden and deepen this year, with continued conviction in investment themes spanning technology, power, chemicals and rare metals amid the interplay of geopolitical realignment and the AI supercycle.Huatai Research’s macro team led in-depth discussions on the current economic backdrop, asset-allocation themes and market strategy.Focusing on key macro variables, Eva YI, Chief Economist at Huatai Securities, elaborated on what she described as a “more commodity-intensive global capex cycle” — one driven by the infrastructure build-out of AI-related capital expenditure, a renewed upcycle in global defense spending, a trough in China’s real estate construction costs, and a recovery in the global manufacturing cycle. A sustained rebound in PPI, in her view, will serve as the leading indicator of this round of asset re-rating in China.Against this backdrop, Huatai’s economics research team has recently revised up its forecasts for China’s PPI and the RMB exchange rate. Eva noted that pro-cyclical appreciation of the RMB reflects improving returns on investment and declining risk premia, potentially enabling USD-denominated earnings growth of Chinese corporates to outpace that of major developed markets for the first time since 2021 — which could structurally change global asset allocation landscape.On the core asset-allocation themes for the year, ZHANG Jiqiang, Head of Huatai Research and Chief Analyst for Fixed Income, highlighted the search for “pricing power” as a defining market narrative. The evolution of the geopolitical order and the AI revolution remain key perspectives in identifying structural opportunities. While global liquidity conditions may soften this year, RMB appreciation and the safe characteristics of Chinese markets are expected to attract capital inflows, with maturing domestic deposits providing additional liquidity support. While near-term uncertainty surrounding Iran remains a key risk, investors are shifting from pure risk-off trading sentiment to pricing in stagflation concerns, as the duration of the conflict remains the critical factor to consider.Across asset classes, ZHANG expects equities and commodities to outperform bonds. Structurally, upstream resource sectors are favored over downstream consumption, hardware over software, and export-oriented industries are likely to retain competitive momentum.Turning to China’s A-share market, HE Kang, Chief Strategist and Co-Chief for Quantitative Research at Huatai Research, pointed to two pivotal shifts — changes in the AI narrative and expectations for a return to positive PPI — that may validate the annual style call of “rebalancing between the old and new economies”. From late March into April, as macro data and corporate earnings are released, markets are likely to refocus on fundamentals. High-growth segments could cluster in cyclical sectors, manufacturing and TMT, within a backdrop of a structurally differentiated, modest recovery. Overseas expansion will remain a critical variable for earnings improvement. Should first-quarter macro data surprise to the upside, large-cap value stocks that are more sensitive to fundamental recovery could see scope for style rotation.He also highlighted that quantitative models suggest equities and commodities tend to benefit in an environment of ample liquidity and moderately rising inflation. In particular, commodities may see the resonance of short- and medium-term cycles in the second half of the year, offering stronger potential gains — a view consistent with Huatai economics research team’s broader thesis of a global commodity-intensive supercycle.On Hong Kong equities, LI Yujie, Strategist at Huatai Research, argued that the market’s primary driver in 2026 has shifted from valuation and liquidity to earnings. Expectations for profit recovery center on three themes: sectors linked to a marginal stabilization in property, such as building materials; pricing opportunities arising from tight supply-demand balances, including lithium mining, livestock and dairy, and transportation; and technological bottlenecks, with a focus on domestically developed semiconductors in the Hong Kong market.LI underscored that technology remains a clear overarching theme, with debate focused on which segments will ultimately capture value in this wave of innovation. For China’s AI ecosystem, she advised against concentrating exposure solely on upstream chips or downstream applications, advocating instead a bottom-up approach to identifying high-quality companies with competitive potential across the value chain.The plenary session also welcomed a distinguished lineup of external voices. GUO Kai, Executive President of CF40 Institute, offered his assessment of the macroeconomic outlook. ZHAO Hai, Director of the Department of International Politics at the National Institute for Global Strategy under CASS, addressed the shifting global order. XIE Suming, Member of the Strategic Advisory Committee and Chief Analyst at Yuanwang Think Tank, shared perspectives on defense technology innovation. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
中國工業機器人龍頭埃斯頓於香港聯交所主板正式掛牌
香港, 2026年3月9日 - (亞太商訊 via SeaPRwire.com) - 中國工業機器人龍頭 - 南京埃斯頓自動化股份有限公司 (「埃斯頓」或「公司」,股份代號:2715.HK),今日於香港聯合交易所有限公司(「聯交所」)主板正式上市並開始買賣,每手買賣單位為200股。此次IPO全球發行發售規模為9678万股H股,根據配售結果顯示,國際配售獲超額認購3.34倍,香港公開發售超額認購近19.67倍,淨集資額約14.12億港元。華泰金融控股(香港)有限公司為本次發行之獨家保薦人、保薦人兼整體協調人、聯席全球協調人、聯席賬簿管理人及聯席牽頭經辦人。此次發行埃斯頓引入7名基石投資者,包括Harvest Oriental、亨通光電旗下亨通光電國際、Dream'ee HK Fund、至源、海天國際旗下Haitian Huayuan、網譽科技旗下裕祥及前海合眾投資,合共認購約6,691萬美元。埃斯頓作為中國工業機器人領軍企業,主要向從事汽車、工程機械及重工業以及鋰電池等多個製造領域的客戶提供工業機器人及智能製造系統及自動化核心部件及運動控制系統。根據弗若斯特沙利文的資料,在中國工業機器人解決方案市場中,連續多年保持本土企業工業機器人出貨量第一名。於2025年上半年取得歷史性突破,國內市場上工業機器人出貨量超越外資品牌,成為首家登頂中國工業機器人解決方案市場的國產機器人企業。按2024年收入計,公司在全球市場及中國市場的所有製造商中均排名第六,市場份額分別為1.7%及2.0%。行業快速發展 全球及中國市場空間巨大隨著科技快速進步及應用領域的擴展,全球工業機器人解決方案市場近年來出現大幅增長。2020年至2024年,市場規模按收入計由147億美元增加至254億美元,複合年增長率為14.6%,並預期未來將維持強勁的增長率,預計收入將於2029年達到518億美元,2024年至2029年期間的複合年增長率為15.4%。2020年至2024年,中國工業機器人解決方案市場規模由69億美元增長至127億美元,複合年增長率為16.5%。預計這一增長勢頭將持續,至2029年中國工業機器人解決方案市場的市場規模有望達到288億美元,2024年至2029年期間的複合年增長率將達17.8%。構建全球化網絡 持續增強國際競爭力埃斯頓自成立以來,以打造「中國機器人的世界品牌」為核心,深度構建覆蓋研發、生產、交付和服務的全球化網絡,并在產品與品牌、營銷與服務、製造及研發等層面的全球化佈局,持續增強國際競爭力。截至2025年9月30日,公司已在全球範圍內運營七個製造基地,設立75個服務網點,擁有1,090名境外員工,業務覆蓋歐洲、美洲、亞洲等製造業及經濟發達區域。通過全球戰略性收購、自主研發的核心技術及高效的商業化能力,埃斯頓已在工業機器人領域建立起以多品牌組合協同效應、全面應用覆蓋及全球化市場滲透為特徵的競爭優勢。在持續推動Estun品牌走向國際市場,提升境外客戶對產品及品牌的認可度的同時,陸續收購Trio、Cloos及M.A.i.等領先企業,整合其實力,迅速擴大在工業自動化領域的全球產品矩陣。於往績記錄期間,於2022年、2023年、2024年以及2024年及2025年首九個月的收入分別為人民幣3,880.8百萬元、人民幣4,651.9百萬元、人民幣4,008.8百萬元、人民幣3,370.3百萬元及人民幣3,803.6百萬元。其中,境外收入佔總收入的比例分別為33.8%、34.3%、34.2%、33.8%及29.4%,境外業務毛利率在往績記錄期間始終保持在30%以上,展現出穩定的盈利能力和持續的增長潛力。精準錨定技術創新 市場突破表現出色埃斯頓一直堅持「從跟隨到超越」的研發戰略目標,堅持系統級正向的研發戰略。公司以南京為研發中心,整合德國、英國等全球研發資源,組建了一支以國際行業專家和高層次專才為主的研發團隊,並形成自動化創新團隊、高工技術團隊和專家學術團隊三大人才梯隊。結合全球產業趨勢與不同區域市場的需求,精準錨定技術創新方向。2022年、2023年、2024年以及2024年及2025年首九個月,研發支出(包括研發開支及資本化研發投入)分別為人民幣401.6百萬元、人民 幣504.1百萬元、人民幣502.9百萬元、人民幣349.6百萬元及人民幣354.2百萬元。通過中外研發資源的互補,埃斯頓實現了研發效能的顯著提升,持續輸出具有前瞻性與實用性的創新成果,為全球客戶提供更具競爭力的解決方案。公司以機器人智能製造完整解決方案為核心,積極賦能千行百業的轉型升級。在汽車、鋰電池、光伏、金屬加工、電子、工程機械、建材、包裝物流等細分行業,全力推動製造業向數字化、智能化、綠色化方向發展。根據弗若斯特沙利文的資料,以工業機器人出貨量計,公司已連續多年在中國工業機器人解決方案市場的國產企業中蟬聯第一,並於2025年上半年超越外資品牌,成為首家在該市場排名中登頂的國產機器人企業。截至2025年9月30日,過去五年零九個月間,工業機器人累計出貨量已超過105,000台。在光伏、動力電池等新興行業率先佈局,快速實現市場突破。根據同一資料,鈑金折彎工業機器人及光伏領域使用的工業機器人的出貨量於2024年位列全球工業機器人解決方案市場第一,鈑金折彎及光伏的市場份額分別為7.8%及11.0%。最新動態或迎重大利好埃斯頓A股(002747)於3月3日發佈《關於參股公司南京工藝與南京化纖資產重組事項完成交割的公告》,南京化纖股份有限公司(以下簡稱“南京化纖”,600889.SH)擬發行股份購買公司所持南京工藝裝備製造股份有限公司(以下簡稱“南京工藝”)3%的股份。本次交易完成後,公司將持有南京化纖1.89%的股份,自發行結束之日起12個月內不得進行轉讓。以南京化纖2026年3月2日收盤價17.05元/股為基準初步測算,在未考慮限售期流動性折扣的情況下,對應的其他非流動金融資產的公允價值為1.8億元。截至目前公司持有該部分股份帳面價值為4,919萬元,預計公允價值變動損益約為1.3億元,將對公司2026年度第一季度業績產生重大影響。南京埃斯頓自動化股份有限公司 (「埃斯頓」或「公司」,股份代號:2715.HK) 深耕行業三十餘年,是中國工業機器人領軍企業,主要向從事汽車、工程機械及重工業以及鋰電池等多個製造領域的客戶提供工業機器人及智能製造系統及自動化核心部件及運動控制系統。公司已於2015年於深圳證券交易所上市(股票代碼:002747.SZ)。根據資料,在中國工業機器人解決方案市場中,埃斯頓連續多年保持本土企業工業機器人出貨量第一名,於2025年上半年取得歷史性突破,國內市場上工業機器人出貨量超越外資品牌,成為首家登頂中國工業機器人解決方案市場的國產機器人企業。埃斯頓始終秉承“開放、創新、奮鬥、共成長”的發展理念,堅持走自主研發核心技術之路,立足中國,整合全球人才資源,為全球客戶提供高品質的產品和智能化完整解決方案,推動中國智慧製造享譽全球。公司堅持“ALL Made By Estun”全產業鏈戰略,構建了完全自主可控的智能製造生態鏈。 Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
復星國際:對部分非核心業務一次性計提非現金減值 核心產業發展向好
香港, 2026年3月9日 - (亞太商訊 via SeaPRwire.com) - 3月6日,復星國際(00656.HK)發佈盈利預警公告稱,根據現有資料及截至2025年12月31日最新未經審核綜合管理帳目,2025財政年度歸屬於母公司股東之虧損預計約為人民幣215億元至人民幣235億元。虧損主要系地產項目與部分非核心業務商譽的一次性非現金減值計提。復星國際在公告中陳述了年度大額賬面虧損的主要原因。一是2025財政年度內,房地產行業下行週期持續,市場整體需求疲軟,集團地產業務板塊承壓。二是由於市場變化,對部分非核心業務板塊的商譽、無形資產等計提了減值準備,以客觀反映其價值。公告同時強調,以上大額賬面虧損不影響公司整體運營和現金流,公司基本面保持穩健。市場分析人士指出,復星此次減值屬「卸下包袱」的財務審慎行為,既不影響公司經營現金流,也未動搖公司長期投資價值,資產根基牢固。從另一角度看,「巨額」減值計提後,其千億級別的淨資產規模仍然穩固,NAV甚至可能還有所增長,對應當前股價,或形成難得的左側交易機會窗口,值得投資者關注。從淨資產數據來看,據復星國際2024年年報,截至2024年12月31日,歸屬於母公司所有者的淨資產為1181.03億元,以此次盈警預虧中值225億元減值測算,扣除後歸母淨資產約為956.03億元,仍保持近千億規模;即便按上限235億元計算,仍保有946.03億元淨資產規模,整體資產結構依然穩健。值得注意的是,減值主要集中於地產板塊與非核心業務商譽,既是出於對地產行業下行週期下的審慎調整,更是復星「瘦身健體、聚焦主業」戰略的持續落地。事實上,2025年至今,復星核心資產的增值與價值釋放,不僅能夠對沖此次減值的影響,甚至為淨資產貢獻增量。公開信息顯示,2025年復星醫藥健康、保險金融等主業板塊表現亮眼,並在進入2026年後保持強勁勢頭。在創新藥賽道,2025年復星創新藥商業化打開了巨大的全球市場空間,與輝瑞簽訂的全球獨家許可協議潛在總金額超20億美元,與生物技術公司Clavis Bio達成的戰略合作,可獲得至多72.5億美元付款。2026年開年又與衛材株式會社就H藥漢斯狀達成協議,佈局日本這一全球第四大醫藥市場,潛在總金額超3億美元。在保險賽道,復星葡萄牙保險2025年前三季度淨利潤達1.7億歐元,同比增長11.7%;鼎睿再保險2025年上半年淨利潤8880萬美元。近期,復星兩家國內保險公司相繼公佈2025年保費和淨利潤錄得可觀增長。其中,復星聯合健康保險業務收入達78.4億元,同比增長50%,增速在專業健康險公司中位居前列,全年實現淨利潤1.3億元;復星保德信人壽全年保險業務收入達125.98億元,較上年增長36.17%,實現淨利潤6.47億元,同比大幅增長超450%,盈利規模與質量邁上全新臺階。此外,在文旅賽道,復星多個產品線取得新年開門紅。Club Med國內五家精緻「一價全包」度假村春節核心假期六日平均入住率達90%;三亞·亞特蘭蒂斯春節假期九日總營業額突破1.24億元,同比增長20%,創下歷史最佳表現。「復星選擇在本次年度報表中一次性計提大額的非現金帳面虧損,實為主動出清風險,繼續推進其『瘦身健體、聚焦主業』戰略。」上述分析人士表示,拋下包袱之後,復星未來增長邏輯更加清晰,尤其是醫藥、保險、文旅等主業將獲得更多資源傾斜,成為價值錨點。復星近期也通過加大股份回購力度向市場傳遞信心。3月2日,復星國際宣佈,基於對公司長期發展前景的判斷,計劃於2025年度業績公告發佈後至2026年股東周年大會日,於公開市場回購股份,回購總金額不超過10億港元。此前,復星國際已於2月27日斥資4823.54萬港元回購1302.7萬股。 Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com












