Yuexiu REIT Maintains Operational Resilience, Revenue Exceeds RMB1.8 Billion in 2025 ACN Newswire

Yuexiu REIT Maintains Operational Resilience, Revenue Exceeds RMB1.8 Billion in 2025

HONG KONG, Mar 11, 2026 - (ACN Newswire via SeaPRwire.com) – Yuexiu Real Estate Investment Trust ("Yuexiu REIT", together with Yuexiu REIT Asset Management Limited, collectively known as the “REIT”; stock code: 405) announced its annual results for the year ended 31 December 2025.Yuexiu REIT Management Team: Chairman and Non-Executive Director Mr. JIANG Guoxiong (center), Executive Director and Chief Executive Officer Ms. OU Haijing (left), and Chief Financial Officer Mr. KWAN Chi Fai (right)2025 Annual Results Highlights: - Overall operation remained resilient, with total revenue of RMB1,856 million (2024: RMB2,032 million).- The average financing cost was 3.61%, a three-year low; the average interest payment rate was 3.77%, representing a year-on-year decrease of 76 basis points. Excluding exchange loss, the financing expenses decreased by approximately RMB152 million year-on-year.- As at 31 December 2025, the overall occupancy rate of the properties was 82.1% (2024: 84.5%).- Optimised the asset portfolio by disposing of a 50% interest in Yuexiu Financial Tower in Q4 2025, realising cash proceeds of approximately RMB5.3 billion to enhance financial flexibility. Yuexiu REIT maintained its "investment-grade" rating from both Standard & Poor's and Fitch, with the outlook upgraded to "stable".- The final distribution to the Unitholders for the period will be approximately RMB0.0189, equivalent to HK$0.0214. Distribution per Unit for the year will be approximately RMB0.0522, equivalent to HK$0.0580. Distribution yield is 6.74% per Unit for the year.- To maintain the REIT’s financial flexibility, the distribution ratio for the period from 1 July 2025 to 31 December 2025 has been adjusted to 90%, resulting in an overall full-year distribution ratio of approximately 96%.Guangzhou International Finance Center (GZIFC):- Operating revenue of the GZIFC complex was RMB984 million, accounting for 53.0% of the REIT’s total revenue.- The office building of GZIFC introduced two Fortune Global 500 companies; the occupancy rate was 80.9%.- GZIFC Shopping Mall introduced China Duty Free Group (CDFG), the first and currently the only downtown duty-free store in Guangzhou, achieving a renewal rate of 89% for the year, and an occupancy rate of 95.5% at the end of the period.- Four Seasons Hotel Guangzhou's average room rate increased by 5.8% year-on-year. Ascott Serviced Apartments GZIFC achieved an average occupancy rate of 91.5%, up 1 percentage point year-on-year, with revenue reaching a record high for the period.Proactive Management of Financing Risk and Effective Stabilisation of Financing Cost- With regard to the short-term loan of RMB530 million, the 5-year syndicated loan of HK$2.1 billion, and the remaining HK$2.1 billion of the 3-year syndicated loan of HK$3.8 billion, all due in 2025, the Manager in 2025 renewed the short-term loan of RMB530 million, obtained offshore loan of RMB1.7 billion, issued dim sum bonds of RMB1 billion, and obtained an offshore syndicated loan package equivalent to HK$2.1 billion (a sustainability-linked loan), for the refinancing of the maturing loans so as to ensure effective monitor on the liquidity risk.- A total of approximately RMB4.68 billion in loans were obtained in 2025 to partially refinance offshore HKD floating rate loans, taking advantage of the relatively low-cost of RMB financing to proactively adjust the financing structure. At the end of 2025, the financing interest rate exposure of Yuexiu REIT was approximately 10%, narrowed by 16 percentage points from 26% at the beginning of the year; the average financing cost was 3.61%, a three-year low, representing a decrease of 55 basis points from 4.16% at the beginning of the year; the average interest payment rate for the full year of 2025 was 3.77%, representing a year-on-year decrease of 76 basis points. Excluding the exchange loss, the finance expenses were approximately RMB773 million, representing a year-on-year decrease of approximately RMB152 million.- As at the end of 2025, Yuexiu REIT had RMB financing of approximately RMB15.47 billion, accounting for 76% of total financing (2024: RMB financing of approximately RMB12.33 billion, accounting for 60% of total financing).Mr. JIANG Guoxiong, Chairman and Non-Executive Director of Yuexiu REIT, said, "2025 marked the 20th anniversary of Yuexiu REIT's listing. The Manager consolidated its competitive advantages by taking strategic actions to secure market share, prioritised occupancy rates, strengthened risk control to stabilise lease renewals, enhanced product competitiveness to meet market demand and invested in capital renovation projects to ensure asset value preservation and appreciation. These efforts stabilised the fundamentals of operations in a challenging market, providing solid support for the full-year revenue. Concurrently, we optimised the asset portfolio by appropriately reducing the proportion of office buildings, and proactively captured favourable financing opportunities, successfully issuing the first-ever Panda Bonds by a listed REIT globally as well as the REIT’s inaugural green bond. Financing costs for the year reached a three-year low, effectively underpinning the overall distribution level. The successful execution of a series of pioneering capital operations fully demonstrated the Manager’s strategic commitment to driving the high-quality development of Yuexiu REIT. This underscored its resolute determination in creating sustainable and long-term value for Unitholders.”Guangzhou International Finance Center (GZIFC)During the year, GZIFC recorded a newly contracted area of 15,702 sq.m. The newly launched 7,403 sq.m. of furnished units recorded an absorption cycle of about 36 days, with an absorption rate close to 72%. Quality tenants introduced include two Fortune Global 500 companies, a Fortune China 500 company, a leading global shipping giant, and a renowned Internet-based culture, sports and entertainment company. In addition, the project recorded a renewal area of 34,294 sq.m. and a renewal rate of 86%, retaining quality tenants including six Fortune Global 500 companies and a foreign consulate. GZIFC was selected as one of the Top 30 companies in the “Performance Index - 2025 Commercial Property Operation Performance)” by Guandian.GZIFC Shopping Mall renewed lease with its anchor tenant, Guangzhou Friendship Store, and introduced China Duty Free Group (CDFG) to set up a store, which is the first and currently the only downtown duty-free store in Guangzhou. In addition, GZIFC Shopping Mall launched the light meal and beverage area on the basement floor, coupled with the brand revitalisation of the dining tenants on the fourth and fifth floors by introducing seven “first stores”. Membership operations achieved remarkable results, with the share of member sales doubling to 16%. The project actively created digitalised consumption scenarios and made full use of mainstream platforms to attract customer flow through multiple channels. Specifically, the “Italian Culture Season” themed event was successfully held in collaboration with hotels, theaters, museums and consulates, effectively boosting customer flow and sales. Newly contracted area and renewal area totaled 35,573 sq.m., with a renewal rate of 89%. The occupancy rate was 95.5%.Four Seasons Hotel Guangzhou launched the first batch of renovated rooms during the year. The average room rate was RMB2,260, representing a year-on-year increase of 5.8%. The average occupancy rate was 77.7%. The revenue per available room (RevPAR) was RMB1,756, representing a year-on-year increase of 0.9%. The RevPAR competitive index was 110.0, maintaining a relatively leading market position among luxury hotel competitors. Ascott Serviced Apartments GZIFC recorded an average occupancy rate of 91.5% during the year, representing a year-on-year increase of 1 percentage point. The average room rate was RMB1,137, representing a year-on-year increase of 1.6%. The RevPAR was RMB1,040, representing a year-on-year growth of 2.7%. The RevPAR competitive index reached 146.9, remaining at a high level among high-end apartment competitors. The Apartments achieved a record high in operating revenue for the same period and ranked first in operating revenue among Ascott China properties for ten consecutive years since 2016.Yuexiu Financial TowerThe Manager disposed of 50% interest in Yuexiu Financial Tower in Q4 2025. Following completion of the disposal, Yuexiu Financial Tower became a Qualified Minority-owned Property of the REIT. The occupancy rate was 77.9% at the end of the period.White Horse BuildingWhite Horse Building introduced high-quality customers from core industrial clusters in Guangzhou, Shenzhen and Dongguan and recorded a newly contracted area of 5,808 sq.m. for the year, with full occupancy on the 1st floor for the first time in the past five years and a six-year record high set by the 2nd floor’s occupancy rate. During the year, it organised 22 original brands to showcase their products at professional exhibitions such as the Fashion World Tokyo, and the China International Fashion Fair; held the “White Horse Fashion Journey: Border Trade Supply Chain Matching Conference”, and established the “Guangdong-Xinjiang Fashion Industry Chain Supply and Procurement Cooperation Alliance” with ten wholesale markets in Urumqi, Xinjiang. During the year, it welcomed a total of 517 procurement delegations, along with nearly 13,000 purchaser visits, including 19 foreign delegations from France, Vietnam and other countries, and facilitated procurement deals worth RMB320 million. The occupancy rate was 96.0% at the end of the period.Fortune PlazaDuring the year, the project recorded a newly contracted area of 6,334 sq.m., and introduced certain quality tenants including several subsidiaries of a Fortune Global 500 integrated financial group, two Fortune Global 500 companies and the Guangzhou branch of two global leading companies. The project recorded a renewal area of 8,662 sq.m. and a renewal rate of 84.0%, retained quality tenants including three Fortune Global 500 companies and the Guangzhou branch of a national commercial bank. Upgraded product standards accelerated the absorption of vacant units, with an absorption rate of 93% for furnished units. The occupancy rate was 93.4% at the end of the period, representing a year-on-year increase of 1 percentage point, and a strong rebound of 5.4 percentage points from the interim period.City Development PlazaDuring the Reporting Year, the project recorded a newly contracted area of 9,279 sq.m. and introduced a beauty technology company and a pharmaceutical supply chain service company to enhance the ambience of healthcare business in the building. The project recorded a renewal area of 5,011 sq.m. and a renewal rate of 77%, retained tenants including a Fortune Global 500 company and a globally-renowned Contract Research Organisation (CRO). The occupancy rate was 90.6% at the end of the period.Victory PlazaVictory Plazq’s anchor tenant, Uniqlo, continued to play a flagship role, recording a 7.0% year-on-year sales growth for the year and maintaining its position as the top-selling store nationwide. The project successfully introduced the sports brand “Super Anta” to set up the largest store in the Guangzhou-Foshan region and “Crab Mang Mang”, the first store nationwide of Guizhou spicy crab business, achieved the diversification of its food and beverage brand portfolio. By connecting internal and external resources to hold fifteen major events, the mall achieved a year-on-year increase of 2.0% in its annual sales. During the year, newly contracted area and renewal area totaled 5,579 sq.m., with a renewal rate of 84%. The occupancy rate was 94.0% at the end of the period.Shanghai Yue Xiu TowerDuring the year, Shanghai Yue Xiu Tower recorded a renewal area of 6,430 sq.m., with a renewal rate of 43%, while securing a newly contracted area of 8,070 sq.m., efficiently making up for the prematurely vacated units. During the year, the project continued to increase the supply of small-area furnished units to meet market demand, formulated differentiated pricing strategies, and successfully held a channel recruitment conference, which attracted more than one hundred real estate agencies. By investing in various capital nature renovations, the project enhanced both energy efficiency and service standards. The occupancy rate was 83.1% at the end of the period.Wuhan PropertiesDuring the year, Wuhan Yuexiu Fortune Centre recorded a newly contracted area of 26,837 sq.m., and introduced quality tenants including two Fortune Global 500 state-owned enterprises, and two Fortune Global 500 foreign enterprises. In addition, it recorded a renewal area of 20,617 sq.m. and a renewal rate of 76.0%, hitting a new high in the past three years, and retained quality tenants, including seven Fortune Global 500 enterprises and a Fortune China 500 company. Approximately 21,000 sq. m. of renovated units were supplied throughout the year, with an absorption rate approaching 98%. The occupancy rate was 62.1% at the end of the period, representing a year-on-year increase of 1 percentage point.Wuhan Starry Victoria Shopping Centre revitalised several popular dining and fitness brands, aiming to attract more family and young customer groups. The project deeply tapped into the consumption potentials of “night economy” and “scene experience” by leveraging the unique venue feature of “Joy Garden”, launching themed activities such as “Riverside Starry Night ”, thus achieving customer flow substantially in line with last year, while the shopping mall recorded a year-on-year increase of 0.5% in annual sales. During the year, newly contracted area and renewal area totaled 9,827 sq.m., with a renewal rate of 48.0%. The occupancy rate was 87.4% at the end of the period, representing a rebound of 5.0 percentage points from the interim period.Hangzhou VictoryDuring the year, the project recorded a newly contracted area of 7,890 sq.m. and introduced a tenant to take up an entire floor. In addition, it recorded a renewal area of 8,836 sq.m. and a renewal rate of 54%, retained quality tenants including two Fortune Global 500 companies and the Zhejiang branch of a state-owned enterprise in Shanxi Province. The occupancy rate was 84.5% at the end of the period.Integrating ESG into Business and Promoting Sustainable DevelopmentAdhering to a long-term perspective, the Manager systematically advanced ESG initiatives. On the occasion of publicly disclosing Yuexiu REIT’s sustainability practices for the tenth consecutive year, the Manager officially renamed the “Environmental, Social and Governance Report” to the “Sustainability Report”, further promoting the deep integration of Yuexiu REIT’s strategy into sustainable development and reinforcing their synchronized progress. During the year, Yuexiu REIT received the highest Green Five Star rating and the title of “Global Sector Leader” for the first time from the Global Real Estate Sustainability Benchmark (GRESB) and once again secured A-rating (highest level) for public disclosure, highlighting its outstanding capabilities in the field of sustainable development.ProspectsIn the coming year, the Manager will maintain a prudent and optimistic attitude, adapt proactively to changes and strengthen risk managemen to generate stable return for the Unitholders. In terms of asset management, the Manager will dynamically implement proactive, prudent and flexible leasing and operating strategies in response to economic development trends and competitive dynamics, diligently explore new growth drivers, and keenly seize potential opportunities to enhance the market competitiveness of asset portfolio. In terms of financing management, the Manager will continue to review and make reasonable adjustments to its financing structure, and introduce low-cost RMB financing through various financing channels to offset interest rate risks. In respect of renovation projects, the Manager will carry out the phased renovations of Four Seasons Hotel Guangzhou in an orderly manner to support the long-term preservation and appreciation of property value.About Yuexiu Real Estate Investment TrustYuexiu Real Estate Investment Trust ("Yuexiu REIT") was listed on the Hong Kong Stock Exchange of Hong Kong Limited on 21 December 2005 and is the first listed real estate investment trust only investing in properties in the People's Republic of China (the "PRC") in the world. As of 31 December 2025, Yuexiu REIT’s portfolio of properties consisted of ten properties (including one Qualified Minority-owned Property), namely, White Horse Building, Fortune Plaza, City Development Plaza, Victory Plaza, Guangzhou International Finance Centre (“GZIFC”), Yuexiu Financial Tower (a Qualified Minority-owned Property with a 49.495% beneficial interest) located in Guangzhou; Yue Xiu Tower located in Shanghai; Wuhan Yuexiu Fortune Centre, and Starry Victoria Shopping Centre located in Wuhan; Victory Business Centre located in Hangzhou; and Yue Xiu Building located in Hong Kong. The total gross floor area of the properties (excluding Yuexiu Financial Tower) was approximately 974,000 sq.m. All properties are located in the central business district of Guangzhou, Shanghai, Wuhan, Hangzhou and Hong Kong respectively. The categories of the properties include Grade-A offices, commercial complexes, retail business, hotel, serviced apartments and professional clothing market etc. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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MarketingPulse and eTailingPulse open next Thursday ACN Newswire

MarketingPulse and eTailingPulse open next Thursday

HONG KONG, Mar 11, 2026 - (ACN Newswire via SeaPRwire.com) – Organised by the Hong Kong Trade Development Council (HKTDC), MarketingPulse and eTailingPulse – Asia’s premier annual e-commerce and marketing events – will be held concurrently on 19 March at the Hong Kong Convention and Exhibition Centre (HKCEC). Under the theme "Generate New Growth", this year's conferences focus on how brands can rethink their growth strategies amid global market uncertainty, helping to turn challenges into forward momentum. From strategic insights to practical implementation, the events will comprehensively reveal new directions for growth, bringing together about 70 global e-commerce experts, marketing executives, brand representatives and advertising elites to share valuable insights and success stories relating to global marketing and e-commerce trends. Featuring 30 thematic sessions, seminars and demonstration sessions, the events will help to foster cross-sector exchange and boost collaboration within the industry.The rise of e-commerce has injected new momentum into global economic growth, while the government is actively encouraging small and medium-size enterprises (SMEs) to develop e-commerce capabilities that can enhance their market competitiveness. This year’s conferences will focus on the latest developments in e-commerce, helping participants seize growth opportunities in the current market environment through a dual-track approach that advances both e-commerce development and brand marketing. A lineup of experts will speak on topics such as agentic AI, lifestyle e-commerce, quick commerce and global brand expansion. They will examine innovation in e-commerce along with global marketing trends and emerging consumer opportunities, while exploring how the industry can generate new growth amid a rapidly evolving marketing landscape.Tech marketing expert shares insights on data-driven growthJinhee Lee, Chief Operating Officer of Olive Young, South Korea’s leading health and beauty brand, will present on the theme “Beyond Retail, Building an Ecosystem: Driving Collaborative Growth of Olive Young and K-Beauty”. Drawing on perspectives from both marketing and e-commerce, he will explain how seamless omnichannel operations and data-driven marketing strategies are being leveraged to build a high-growth ecosystem for Korean beauty brands, while continuously expanding their global footprint. Well-known for harnessing data to drive innovation, Mr Lee has spearheaded a series of digital transformation initiatives and integrated retail strategies, using technology to enable Olive Young to stay ahead of trends and become a leader in the global beauty market.Breaking new ground in marketing through the China experience and new retailAtour Group is a leading player in Chinese Mainland’s mid- to high-end hotel chain market. Its Founder, CEO & Chief Experience Officer, Haijun Wang, will focus on two key themes during his presentation: 1) Experience Differentiation Strategy — placing differentiated experiences at the core to build distinctive product and service offerings across both the hotel and retail businesses; and 2) Customer Segment Operations Strategy — using a core customer base that pursues a quality lifestyle as the connective thread to deeply integrate the hotel and retail businesses, thereby shaping a unique brand group model.Enhancing brand value through aesthetic intelligence in e-commercePauline Brown, former Chairman of LVMH North America, will share how to leverage "aesthetic intelligence" to elevate brand value, shape consumer perception and strengthen overall online-to-offline experiences and marketing strategies. She will also discuss how brands can continuously cultivate "taste" and aesthetic acumen and explain how aesthetics and elevated storytelling can be utilised to build truly compelling brands in a rapidly changing e-commerce and technological landscape.Exploring the latest trends in agentic AI and quick commerceQuick commerce and agentic AI are bringing unprecedented changes to the e-commerce market in the Chinese Mainland, continuously reshaping consumers' shopping patterns, habits and demands. Yatong Qiu, Vice President of Taobao&Tmall Group, Alibaba, will share on how brands and merchants can tackle demand through flexible merchandising strategies, real-time marketing and speed-oriented innovations to maintain competitiveness and seize time-sensitive opportunities. Meanwhile, Terry Li, Vertical General Manager of Smart Retail, Tencent, will take a deeper dive into agentic AI-driven e-commerce strategies. Looking from the perspectives of service providers and e-commerce ecosystems, he will share practical approaches and future innovation directions for agentic AI solutions, helping brands and businesses seize the initiative in the new era of e-commerce.Decoding cross-border growth and market entry strategies for ASEANAs ASEAN continues to rise as one of the world's most dynamic economic regions, enterprises from the Chinese Mainland and Hong Kong are actively setting their sights on Southeast Asia, particularly seeking growth opportunities through e-commerce channels. The conferences will feature a session titled “Decoding the Gateway to ASEAN: Cross Border Growth and Market Entry Strategies”, exploring strategies for entering the ASEAN market. Speakers including Luca Barni, SVP, Commercial, Lazada Group, will share their practical experiences in expanding within ASEAN. Attendees will get a comprehensive understanding of the growth opportunities and common pitfalls in this growing market, addressing e-commerce legal and regulatory challenges, as well as brand and product localisation strategies.Cracking the Threads audience engagement plus celebrity insightsThe recent rise of social platform Threads is further driving the evolution of brand marketing models. In the "Threads for Consumer and Audience Engagement" session, Kenie Kwok, Creative Strategy Lead at Meta, will share the latest trends in brand account management and user preferences from the platform's perspective. Actor and "Threads Admin" Ng Siu-hin will share his insights on how to stand out as a content creator, offering practical tips on building engagement with netizens from a creator's viewpoint. In addition, IN.DECIDE, renowned for managing social media platforms for multiple brands as an "admin", will analyse its promotional campaign for the film Peg O' My Heart, detailing how the virtual character "Choi San-keung" successfully broke the fourth wall with the audience.This year's "Meet the Celebrity” dialogue series has invited actor and singer-songwriter Louis Cheung to speak on the topic "Chasing the Golden Boy Within". He will share his career journey in personal brand management and talk about his multifaceted development across the acting, music and creative fields. Meanwhile, content creator and MUSE TV Founder Mayao will discuss how he strategically leverages innovative promotional approaches to market music works, generating broad and lasting public impact and driving sustainable market growth.Exploring the “healing economy" and IP marketingWhen engaging with younger generations, who place strong emphasis on emotional connection, brands must understand “oshikatsu culture”, where young people identify strongly as a fan of an idol, along with the healing trend and intellectual property (IP)-driven consumer behaviour. The session "Healing Economy and IP Marketing" will feature speakers including Yiying Wang, Founder and Designer of Noodoll Limited, who will explore how brands can keep abreast of the latest trends, such as designing sustainably interactive experiences and campaigns with an "oshikatsu mindset", incorporating healing elements into products or marketing to enhance resonance, and collaborating with popular IPs to boost reach and engagement, thereby deepening connections and relationships with younger demographics.The conferences will introduce a new feature, "e-Commerce Connect", showcasing the latest one-stop e-commerce solutions, with close to 30 local and international exhibitors. Additionally, a series of digital marketing and e-commerce workshops will enable participating brands to gain hands-on practical experience. Multiple networking activities will be organised, and participants can take advantage of one-to-one business matching services to facilitate cross-sector exchange and collaboration. The event will also feature live music performances, including a set from popular local singer James Ng.For more information on speakers and the detailed programme for the conferences, please visit: https://marketingpulse.hktdc.com/conference/mp/en. To request interviews with guest speakers, please email betsytse@raconteur.hk or molisalau@raconteur.hk.Photo download: https://bit.ly/3OU0UArPauline Brown, Former Chairman of LVMH North AmericaHaijun Wang, Founder and CEO of Atour Lifestyle HoldingsJinHee Lee, Chief Operating Officer of Olive YoungLouis Cheung, Actor and singer-songwriterNg Siu-hin, Artist and "Threads Admin"MarketingPulse and eTailingPulse will be held on 19 March at the Hong Kong Convention and Exhibition Centre. Pictured are the MarketingPulse and eTailingPulse events held in 2025Websites· MarketingPulse: https://marketingpulse.hktdc.com/conference/mp/en· Event schedule: https://marketingpulse.hktdc.com/conference/mp/en/programme· Speaker list: https://marketingpulse.hktdc.com/conference/mp/en/speaker· eTailingPulse: https://etailingpulse.hktdc.com/conference/etp/en· EntertainmentPulse: https://hkfilmart.hktdc.com/conference/hkfilmart/en Media enquiriesFor enquiries, please contact:Raconteur PR Agency:Betsy TseTel: (852) 9742 7338Email: betsytse@raconteur.hkMolisa LauTel: (852) 6187 7786Email: molisalau@raconteur.hkHKTDC Communication and Public Affairs Department:Clayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 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
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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
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Kincora Consolidates, Commences Geophysics and Forms Partnership at Cowal East ACN Newswire

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
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Entertainment Expo Hong Kong shines on the centre stage, Eight signature events unite global film and entertainment forces ACN Newswire

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
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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
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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 ACN Newswire

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
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Natural Beauty’s 2025 Annual Results Show Steady & Robust Growth ACN Newswire

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
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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
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Raya Blooms in the Heart of Nature at Spritzer EcoPark ACN Newswire

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
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Huatai Securities Convenes 2026 Spring Investment Summit in Shanghai ACN Newswire

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
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World’s largest one stop jewellery marketplace attracts some 80,000 buyers, with growth in buyers from ASEAN, Korea and beyond ACN Newswire

World’s largest one stop jewellery marketplace attracts some 80,000 buyers, with growth in buyers from ASEAN, Korea and beyond

HONG KONG, March 8, 2026 - (ACN Newswire via SeaPRwire.com) – The 42nd Hong Kong International Jewellery Show and the 12th Hong Kong International Diamond, Gem & Pearl Show wrapped up successfully today. Organised by the Hong Kong Trade Development Council (HKTDC) under the “Two Shows, Two Venues” format, the twin shows together drew some 80,000 buyers from 150 countries and regions, with the Diamond, Gem & Pearl Show welcoming over 28,000 buyers from 125 countries and regions and the Jewellery Show attracting over 51,000 buyers from 140 countries and regions.Jenny Koo, Deputy Executive Director of the HKTDC, said: “The twin jewellery shows hosted about 4,000 exhibitors from more than 40 countries and regions. Buyer attendance from the Philippines, Korea, Australia and Switzerland all recorded significant growth, a testament to the strong international standing of the twin shows. Over 30 industry seminars and events were held during the shows, keeping industry professionals informed of the latest market and industry trends. We were pleased to welcome three pavilions making their debut at the show, namely the Hard Pure Gold Pavilion, the Zhushan Turquoise Pavilion and the Hong Kong Watch Manufacturers Association Pavilion, each showcasing their jewellery craftsmanship to international buyers.”Industry optimistic about Korea and ASEAN marketsTo gain deeper insights into jewellery industry trends, the HKTDC conducted an on-site survey of 1,509 exhibitors and buyers. Results indicate that both buyers and exhibitors are cautiously optimistic about the economic outlook. Key findings are:Market and industry outlook44.3% of respondents expect overall sales to increase in the next one to two years; 49% expect sales to remain stable.Respondents view the following markets as having good or very good growth potential for jewellery products over the next two years: Korea (73.2%), ASEAN (71.8%), Chinese Mainland (68.5%), Taiwan (65.3%), Australia (64.1%).For those markets with the greatest development potential, most respondents plan to explore: Europe (20.8%), ASEAN (16.8%), Chinese Mainland (15.3%), Japan (15.3%), Taiwan (10.8%).In the next three years, technological advancements in artificial intelligence (66.1%), social media (43.7%), and big data (41.5%) are expected to have the greatest impact on the jewellery industry.Product trendsProducts with the strongest growth potential this year include trendy fashion jewellery (57.3%), precious jewellery (35.1%), and designer jewellery (21.1%).The most popular precious metal products in 2026 are karat yellow gold (40.1%), karat white gold (31.7%) and pure gold (28%).The most popular gemstones this year are diamonds (28.8%), followed by rubies (24.7%) and pearls (19.7%).Riding the gold wave: Chinese Mainland hard pure gold makers go globalThe government’s latest Budget Speech highlighted plans to strengthen Hong Kong’s status as an international gold trading market which is expected to bring new momentum to gold demand in the jewellery market. Adding to the excitement, the World Gold Council led 10 exhibitors from the Chinese Mainland for the first time to launch the Hard Pure Gold Pavilion at this year’s show, which proved to be one of the show's major highlights.Regional CEO Roland Wang said: “The Hong Kong International Jewellery Show has been instrumental in helping Chinese gold manufacturers connect with international buyers and expand their market reach. We have already received a considerable number of orders in just the first three days. Our current focus is on developing markets in Southeast Asia, the Middle East and India, where interest in hard pure gold products is steadily growing. More affordable, lighter-weight hard pure gold pieces are proving particularly attractive to younger middle-class consumers.”Sharon Weng, Deputy General Manager of YueHao Jewellery, a Shenzhen-based exhibitor at the Hard Pure Gold Pavilion, said: “Expanding our overseas client base is a key business priority for us this year, and the show has provided the ideal platform to pursue that goal. We have also established connections with Southeast Asian markets, including Malaysia, Singapore and Thailand." Another Chinese Mainland exhibitor specialising in hard pure gold jewellery expressed plans to set up an office in Hong Kong in the near future, to better leverage the city as a springboard for global expansion.Sales surpass expectations as diamonds captivate buyersSales at the shows this year exceeded expectations for many exhibitors. Youngeun Kim, founder of Soyou, a Korean exhibitor, said: "Through the world's largest jewellery trade platform, we have successfully connected with potential buyers from the Chinese Mainland, Africa and the United Kingdom, and expect our sales to grow by 30% compared with last year."Hong Kong exhibitor SimStar Asia Limited, which specialises in high-value, investment-grade diamonds, secured several orders from buyers in Europe and the United States during the show, with total transactions running into the millions of US dollars. The company also projected a 10% increase in annual sales and noted that demand for high-clarity, top-colour white diamonds in the 5 to 10-carat range remains robust, while rare red and blue diamonds are also drawing keen interest from buyers.This year, the Hall of Fame grew by more than 40%. Emre Can, Export Sales Manager of Zen Diamond, a Turkish exhibitor, shared that while the company initially came with the aim of expanding into Asian markets, buyers from the United Kingdom and the United States had already expressed interest on Day One. Existing clients from Europe and South America also travelled to meet face to face, which is a testament to the global appeal of branded jewellery.Designer jewellery on the rise as new generation embraces personalisationThe shows welcomed over 50 designer exhibitors, including 10 Korean designers making their debut at the fair. They were pleased with their results and are already considering expanding their presence at next year's edition. A Korean designer exhibitor also shared that new enquiries from potential buyers had been received, particularly from Europe, and was pleasantly surprised to receive one from Poland. A seminar featuring Paola De Luca, Founder and Creative Director of Trendvision Jewellery + Forecasting, gave attendees an in-depth look at emerging jewellery design trends, exploring how personalisation can respond to the younger consumer market.The shows also hosted three design competitions: the 27th Hong Kong Jewellery Design Competition, the Hong Kong International Fashion Chuk Kam Jewellery Design Competition, and the inaugural International Fei Cui Jewellery Design Competition. Award ceremonies were held on-site, with winning pieces on display across the venue, offering buyers a first look at the latest creative works while fostering closer ties between designers and jewellery manufacturers.Global exhibitors tap into new opportunitiesThe twin shows brought together exhibitors from around the world, with Uzbekistan making its debut appearance. Fonon Jewelry House, an Uzbek exhibitor, showcased gold pieces with distinctive Central Asian cultural influences, drawing strong interest from international buyers. Alisher Romanov, the Head of Foreign Economic Affairs of this exhibitor, said: "We are looking to use Hong Kong as a springboard for expansion into other Asian markets. We have already connected with potential buyers from the Chinese Mainland, Malaysia and the Philippines, and expect sales to reach approximately USD 50 million." Another Uzbek exhibitor also shared that it had received a jewellery order worth as much as USD 35 million from a Hong Kong buyer. The Uzbekistan delegation also seized the occasion to formally sign a Memorandum of Understanding (MOU) with the HKTDC and the Hong Kong Jewellery Manufacturers' Association, with the aim of further promoting Uzbekistan's jewellery to global markets through Hong Kong's platform and strengthening bilateral trade ties.Buyers seek diverse offeringsTurkish buyer, Kasapoglu Jewellery came to the show with the specific goal of sourcing new loose diamond suppliers, setting aside a procurement budget of over USD 900,000. US-based diamond wholesaler David Abraham & Co found the show to be a true one-stop destination, discovering services ranging from certification to repolishing, as well as sourcing gemological equipment and tools. The company met with 35 exhibitors from Hong Kong, India, Israel, the Middle East, Europe and the United States in a single day. China National Gold Group Gold Jewellery Co., Ltd. from Beijing made the most of both shows, sourcing turquoise samples at the Diamond, Gem & Pearl Show and explored fine jewellery offerings at the Jewellery Show. The company noted that demand for both high-end gemstones and mass-market jewellery is growing in tandem, with younger consumers increasingly drawn to delicate and refined designs. Its total procurement budget across both shows is USD 200,000.Golden Silver Z.L S.A., a major 925 sterling silver jewellery supplier in Latin America and a loyal visitor to the shows for over 20 years, returned again this year and confirmed silver jewellery orders with three exhibitors, with combined transactions exceeding USD 1.9 million.Online-offline integration expands horizonsDue to the impact of geopolitical situation, some buyers from certain regions were unable to attend in person. The HKTDC responded promptly with a range of support measures. These included on-site support for exhibitors with promotional material placement, as well as helping affected buyers rearrange flights and accommodation to defer their arrivals by one to two days.Meanwhile, the shows continue to adopt the EXHIBITION+ online and offline hybrid format, enabling enterprises to extend their physical exhibition negotiations to online matching platforms. Exhibitors and buyers can engage in AI-powered business matching through the HKTDC Marketplace App's "Click2Match" and hktdc.com Sourcing, while buyers can also use Scan2Match to scan exhibitors’ QR codes and continue discussions with exhibitors online after the show.For buyers from affected regions who were unable to travel to Hong Kong for sourcing, the show facilitated over 100 online business matching sessions, helping the industry sustain momentum and seize opportunities during a challenging period.The HKTDC continues to help exhibitors tap into the Chinese Mainland market through e-commerce channels. This year, two major platforms, Taobao Tmall and, for the first time, Douyin partnered with the shows, involving 10 exhibitors and more than 30 influencers and KOLs. The campaign generated over 35 million online impressions and achieved sales exceeding USD 20 million. The shows also invited Korean influencer to attend, who successfully sourced from a number of exhibitors, with combined purchases totalling close to USD 700,000.Photo download: https://bit.ly/4aXXZ24Organised by the HKTDC, the 42nd Hong Kong International Jewellery Show and 12th Hong Kong International Diamond, Gem & Pearl Show have concluded successfullyThe world’s one-stop jewellery marketplace is highly regarded by industry professionals worldwide, with buyers demonstrating strong purchasing intentThe Uzbekistan delegation made its debut at the Hong Kong International Jewellery Show this year. It also signed an MOU with the HKTDC and the Hong Kong Jewellery Manufacturers' Association to further promote Uzbekistan's jewellery to global markets through Hong Kong's platformDouyin participated in the Hong Kong International Jewellery Show for the first time, enabling exhibitors to tap into the Chinese Mainland marketThe twin jewellery shows covered the entire industry supply chain, from raw materials and design to finished pieces, setting, packaging and gemological instruments — all under one roof.The jewellery parades highlighted the latest creative designs, fostering connections across the industryThe 27th Hong Kong Jewellery Design Competition, themed "Pure Elegance – Natural Beauty", showcased the talents of local professional jewellery designers and students, with multiple designers receiving awards for their exceptional entries.At the award ceremony of the International Fei Cui Jewellery Design Competition, themed "A New Legacy of Jade, Design Without Boundaries", outstanding designers who blend jadeite craftsmanship with international culture were honoured.Over 30 industry seminars and networking events were held during the twin jewellery showsWebsites Hong Kong International Diamond, Gem & Pearl ShowHong Kong International Jewellery ShowExhibition websitehttps://www.hktdc.com/event/hkdgp/enhttps://www.hktdc.com/event/hkjewellery/enHighlighted productshttps://tinyurl.com/2vtknn2r HKTDC Media Room: https://mediaroom.hktdc.com/enMedia enquiriesPlease contact HKTDC’s Communication & Public Affairs Department:Winnie KanTel: (852) 2584 4055Email: winnie.wy.kan@hktdc.orgKaty WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgJane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 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
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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
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AI Labs Introduces AI-Assisted Crypto Trading Platform Focused on Data Analysis and Automated Execution ACN Newswire

AI Labs Introduces AI-Assisted Crypto Trading Platform Focused on Data Analysis and Automated Execution

SINGAPORE, Mar 9, 2026 - (ACN Newswire via SeaPRwire.com) - AI Labs, an AI-driven crypto trading technology company backed by Academic Labs, announced the launch of an AI-assisted platform designed to help cryptocurrency traders analyze market data and respond more efficiently to changing market conditions. As automated tools and algorithmic strategies become more common in global digital asset markets, the platform integrates visual analysis, narrative data monitoring, and automated trade execution features intended to support more structured and data-driven trading decisions.The fastest traders in today's crypto markets may not always be humans. As digital asset markets increasingly incorporate automation, many traders now rely on algorithmic systems that can monitor markets continuously and react to signals with minimal delay.A crypto project called AI Labs (ticker: AIX) is building an AI-enabled platform that combines visual reasoning, narrative intelligence, and automated execution to help users interpret market data and respond to signals more efficiently than traditional manual analysis alone."Markets are entering an era where the use of artificial intelligence is becoming more common in trading strategies," said Kingston Kwek, owner of AI Labs. "Our goal is to make analytical tools that are often used by institutional trading teams more accessible to a wider group of crypto traders."At the center of AI Labs' platform is a visual reasoning engine that analyzes charts not simply as static images, but as evolving market structures.Using computer vision and multimodal AI techniques, the system can identify potential liquidity zones, resistance levels, and broader market patterns within short timeframes.Alongside this, AI Labs has developed a narrative intelligence layer that scans information across the crypto ecosystem. This includes movements associated with large crypto wallets, developer updates, and shifts in online sentiment—signals that traders often monitor when assessing possible market trends.Instead of only placing individual buy or sell orders, traders can define broader trading parameters using the AI system. The platform can then execute trades automatically based on predefined conditions, such as capital inflows, volatility changes, or funding-rate shifts.The objective is to help reduce emotional decision-making and allow traders to stay aligned with their strategies while automated systems monitor market activity continuously.AI Labs' platform is currently onboarding new users, with reported monthly trading activity exceeding $1 billion across the platform.Media ContactBrand: AI Labs (Backed by Academic Labs)Contact: Media teamWebsite: https://academic-labs.org Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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OMRON Healthcare releases new Women’s Heart Health Factbook ACN Newswire

OMRON Healthcare releases new Women’s Heart Health Factbook

TOKYO, Mar 9, 2026 - (ACN Newswire via SeaPRwire.com) - As International Women's Day prompts renewed focus on women's health, OMRON Healthcare has released a new Women's Heart Health Factbook spotlighting an often-overlooked issue: the intersection between menopause, hypertension, and long-term cardiovascular risk.An estimated 32% of women aged 30-79 worldwide are living with hypertension. Yet only 59% are diagnosed, and just 23% achieve effective blood pressure control. That equates to less than a quarter of hypertensive women managing to stabilise their blood pressure.Cardiovascular disease remains the leading cause of death in women globally, with ischemic heart disease and stroke accounting for the majority of cases. Risk often accelerates during and after menopause, as declining estrogen levels affect vascular health and blood pressure regulation.Women also face additional life-stage factors that may influence cardiovascular outcomes, including pregnancy-related hypertension and hormonal contraceptive use, underscoring the importance of consistent monitoring across the lifespan.Expert perspective"Despite being the leading cause of death for women globally, cardiovascular disease is frequently underdiagnosed and undertreated in women due to longstanding biases in research, clinical guidelines and symptom recognition," said Prof. Alta Schutte, Principal Theme Lead of Cardiac, Vascular and Metabolic Medicine in the Faculty of Medicine and Health at UNSW Sydney, Australia."Menopause is not only a major life transition - it is also a cardiovascular turning point," added Karel Herberigs, Managing Director, OMRON Healthcare EMEA. "Greater awareness and routine monitoring can help close a persistent care gap and support earlier intervention."Archanna Mohangoo, Medical Marketing Manager (EMEA), said: "Too often, symptoms such as fatigue, disrupted sleep, or heart palpitations are attributed solely to menopause, when they may in some cases signal underlying conditions such as hypertension or atrial fibrillation (AFib), which can significantly increase stroke and heart disease risk if left undetected. This Factbook aims to encourage women and healthcare providers alike to look more closely at cardiovascular health during this stage of life."Potential coverage angles- The global hypertension care gap in women - Menopause as a cardiovascular risk inflection point - Why blood pressure monitoring should remain a priority beyond reproductive years - The under-recognised burden of heart disease in women - Prevention and early detection strategies across the lifespanThe full Women's Heart Health Factbook is available to download from: https://brandportal.healthcare.omron.com/share/365D593E-78F0-4F35-9C8A589508CB5951/For interviews, expert commentary, or additional data, please contact:omronhealthcare-pr@kyodo-pr.co.jp Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Shareholder-Exclusive Benefit! Shoucheng Holdings Launches Exclusive Entry Slots for Shareholders in the “2026 Beijing Yizhuang Half Marathon” – Robot Marathon Becomes a New Carrier for Shareholder Benefits ACN Newswire

Shareholder-Exclusive Benefit! Shoucheng Holdings Launches Exclusive Entry Slots for Shareholders in the “2026 Beijing Yizhuang Half Marathon” – Robot Marathon Becomes a New Carrier for Shareholder Benefits

HONG KONG, March 9, 2026 - (ACN Newswire via SeaPRwire.com) – Recently, Shoucheng Holdings(697.HK) announced that it will provide direct entry slots for its shareholders to participate in the “2026 Beijing Yizhuang Half Marathon & Humanoid Robot Half Marathon,” drawing attention from the market. As one of the rare events globally that combines humanoid robots with a half marathon, the event is not only a sports race but also an important platform to showcase embodied intelligence technologies and the development of the robotics industry.It is worth noting that Shoucheng Holdings has opened the race entry quota as an exclusive shareholder benefit. Eligible shareholders may apply for direct registration without going through the official lottery process. This initiative is widely regarded as an innovative practice in investor relations management and reflects the company’s philosophy of opening its robotics industry ecosystem to shareholders.Industry observers believe this type of shareholder benefit carries symbolic significance. Traditionally, shareholder benefits of listed companies are mostly limited to dividends, gifts, or shareholder events. In contrast, Shoucheng Holdings integrates industrial resources with investor engagement, allowing shareholders to gain a more intuitive understanding of the robotics ecosystem the company is building through direct participation. In doing so, the company strengthens investor interaction while enhancing shareholders’ sense of participation and identification with the industry’s development.During the event, portfolio companies invested in by Shoucheng Holdings will appear at multiple points along the racecourse, forming a “mobile industrial exhibition.” While running, shareholders can:1. Naturally meet representatives of robotics companies at supply stations and rest areas, creating a relaxed atmosphere for open and candid exchanges.2. Discuss technical topics such as “the grasping logic of dexterous robotic hands under complex road conditions” and “how VLA models optimize robot motion control.”3. Build a concrete understanding of Shoucheng Holdings’ investment portfolio and gain insight into the logic behind its industrial and strategy.Registration DetailsThe “2026 Beijing Yizhuang Half Marathon & Humanoid Robot Half Marathon” is a landmark event that integrates sports competition with cutting-edge technology. As a co-organizer, Shoucheng Holdings (0697.HK) has established exclusive direct-entry slots for shareholders. Through a dedicated application channel, qualified shareholders can register without participating in the official lottery.Event InformationEvent Name: 2026 Beijing Yizhuang Half Marathon & Humanoid Robot Half MarathonRace Date: April 19, 2026 (Sunday)Location: Beijing Economic-Technological Development Area (Yizhuang)Organizing Participants: Jointly organized with Shoucheng Holdings (0697.HK)Application AccessPlease click the link below or scan the QR code to enter the exclusive application channel, fill in the required information, and upload proof of shareholding.Eligibility and Key TimelineTo safeguard shareholder rights and interests, applications must meet the following conditions and strictly follow the timeline arrangements.Application Requirements:1. Must be a shareholder of Shoucheng Holdings (0697.HK).2. Must provide clear proof of shareholding (e.g., a screenshot of holdings from a trading platform showing the shareholder’s name and shareholding information).3. Slots are limited and will be allocated based on the order in which applications are submitted.Runner Qualification Requirements (Unified Regulations by the Organizing Committee):1. Performance Requirement: Between March 1, 2024 and the registration deadline, runners must have completed at least two races of 10 km or longer.2. Proof Materials: Valid proof of race completion must be uploaded during registration (official certificates, screenshots from running apps, etc.).3. Qualification Review: All participants must pass a background check conducted by the public security authorities to ensure event safety and order.Key TimelineDateMilestoneDescriptionMarch 10, 2026Application DeadlineComplete the online application and submit valid proof of shareholding. Late submissions will not be accepted.March 16, 2026Invitation Code Registration DeadlineApproved shareholders must complete official registration with the organizing committee before this date; otherwise the slot will be considered forfeited.April 19, 2026Race DayCompete on the Yizhuang racecourse in Beijing alongside humanoid robots.In recent years, Shoucheng Holdings has continued to increase its investment in the robotics industry. Through industrial funds and platform investments, the company has invested in multiple embodied intelligence enterprises, gradually building an industrial system covering complete robots, core technologies, and application scenarios. This event is also regarded as an important window to showcase the company’s robotics ecosystem. By integrating race participation with industry exhibitions, the company enables shareholders to experience how robotics technologies move from laboratories into real-world applications.All shareholders are welcome to actively register and participate, and jointly witness the important moment when the robotics industry moves from the laboratory into the real world. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Xunce (3317.HK) Released Profit Alert: Revenue Doubles, Surpasses Expectations by a Wide Margin, China’s Palantir Rises!

HONG KONG, March 6, 2026 - (ACN Newswire via SeaPRwire.com) – Hong Kong Shenzhen Xunce Technology Co., Ltd. (“Xunce Technology” or the “Company”, stock code: 3317.HK) announced a profit alert announcement. Against the backdrop where most industry peers are still in the investment stage and burning capital continuously, the Company has withstood the test of market cycles and delivered a remarkable performance that substantially outperformed the market consensus, demonstrating strong growth resilience and improving profitability.According to the Company’s announcement, during the reporting period, the Company recorded revenue of RMB 1,283 million, representing a substantial year-on-year increase of 102.95%, with a qualitative leap in profitability. Excluding non-recurring gains or losses, the Company’s adjusted net loss for 2025 amounted to RMB 55 million, representing a significant narrowing as compared with 2024, reflecting continuous improvement in operating quality.In terms of business performance, both the revenue scale and the extent of loss reduction significantly exceeded market analysts’ expectations (Wind Consensus Estimate: revenue RMB 987 million, net profit – RMB 134 million). Particularly noteworthy is that the Company’s revenue for the second half of 2025 surged by 448% compared with the first half, demonstrating a strong quarterly explosive growth trend. The Company’s performance growth momentum has been fully released, with its development drivers continuously strengthened.A Successful Business Model and Forward-Looking Strategy Driving Explosive Performance GrowthClearly, this is inseparable from the strong support of Xunce Technology’s forward-looking strategic layout and successful business model. At the business model level, Xunce Technology has deeply deployed its core technologies and solutions on clients’ self-managed cloud or local systems. Its services cover the top 10 asset management companies in China by asset management scale, and the Company has successfully expanded its solutions to diversified industries beyond asset management, establishing a solid industry leadership position.It is precisely this solid and highly-engaged customer base that has enabled the Company to seize the opportunities of the new wave of technological innovation. In 2025, global AI large models entered a new stage of large-scale deployment, with AI infrastructure and industry solutions rapidly penetrating diverse application scenarios. Enterprises’ demand for real-time, high-quality, and structured data has grown exponentially. The Company has accurately captured these industry opportunities, continued to increase investment in technology R&D and product iteration, and comprehensively upgraded its real-time data platform and AI Agent capabilities. These efforts efficiently meet the data processing, governance, and application requirements of the large-model era, making a major contribution to the Company’s strong performance growth.Another key driver behind the Company’s explosive performance growth comes from business expansion in emerging sectors. In 2025, the Company continued to make breakthroughs in cutting-edge emerging fields such as commercial aerospace, robotics, and intelligent manufacturing, where the market demand for related data solutions has surged dramatically.As enterprise-level AI applications have officially entered a paid adoption boom cycle, the Company has continuously deepened and upgraded its cooperative relationships with core clients. Clients’ willingness to pay for data infrastructure and intelligent analysis services has increased significantly, driving a leap in ARPU. This has further expanded the Company’s performance growth boundaries and unlocked greater room for revenue expansion.Looking ahead, as the Company progressively upgrades its business model to multiple models, including by-token pricing for API invocations, by-token charges for model training, and performance-based payment and revenue-sharing mechanisms, its profit structure will continue to be optimized. The predictability and sustainability of its revenue will be significantly enhanced, enabling the Company to build a more solid growth trajectory and broader profit potential, thereby driving high-quality and sustainable long-term growth in its operating performance.Operating Efficiency Surges, High-Growth Attributes Clearly EstablishedFrom the perspective of key operating indicators, Xunce Technology, with its AI Data Agent at the core, has continuously strengthened its real-time data processing capabilities and built a full-chain technology system with scenario-based applications, achieving dual breakthroughs in operating efficiency and commercial value:The Company’s revenue per employee has reached RMB 2.9 million, approximately double that of traditional software enterprises, reflecting a significant improvement in workforce productivity and setting a new benchmark for industry efficiency. ARPU has surged to RMB 5.56 million, representing a year-on-year doubling from RMB 2.72 million in 2024. This marks a major breakthrough and demonstrates the continued strengthening of the Company’s product competitiveness and growing recognition of its value among customers.In terms of revenue performance, the Company recorded revenue of RMB 1.283 billion in 2025, surpassing the RMB 1 billion scale threshold and marking its entry into a new stage of high-quality development. This milestone reflects a notable strengthening of both scale effects and commercialization capabilities. The Company’s growth rate significantly outpaced the industry average, demonstrating robust growth momentum.Overall, leveraging its leading business model, continuous product innovation, and efficient operating system, the Company has been advancing steadily along the path of high-quality development. Its profitability, growth potential, and industry competitiveness have become increasingly prominent, clearly establishing its high-growth profile.Benchmarking Against Global Data Giant Palantir, Unlocking Long-Term Growth PotentialIn fact, the comprehensive competitiveness of Xunce Technology extends far beyond the above achievements. At the strategic level, the Company has long established a clear development blueprint with immense long-term potential: benchmarking against the world-leading data giant Palantir, it has built full-chain capabilities spanning data acquisition, governance, analysis, and large-model scenario applications, with a high degree of alignment in technical architecture, business model, and growth path. As the Company continues to consolidate its technological barriers and its performance enters a phase of high-speed explosive growth, the market-recognized “China’s version of Palantir” has officially emerged, with its long-term growth potential fully unlocked.The explosive growth delivered in this round of results has further enabled the market to clearly recognize the Company’s scarce intrinsic strengths and the true depth of its value. As a highly scarce investment target in the AI data infrastructure sector of the Hong Kong stock market, the Company has built hard-to-replicate competitive barriers across multiple dimensions, including its product matrix, core technologies, business model and high-quality customer resources. Positioned as a premium core asset in the data track of the large-model era, it is well poised to become the top AI data stock in the Hong Kong stock market.From an industry perspective, competition in the large-model track has formally entered the second half, with the focus shifting away from the models themselves toward AI data infrastructure. A strong industry consensus has emerged that the upper limit of an enterprise’s AI capability is ultimately determined by the quality of its data. Those that possess real-time, structured and scenario-based data processing and application capabilities will be able to establish irreplaceable core competitiveness in the AI era. These structural industry tailwinds are expected to provide solid and sustainable growth momentum for Xunce Technology’s long-term high-quality development.Overall, against the backdrop of widespread pressure across the industry, where investment often outweighs returns, Xunce Technology has delivered results that significantly exceed market expectations, supported by four core strengths: technological leadership, robust product capabilities, diversified expansion and improved operational efficiency. This performance has fundamentally reshaped the capital market’s perception of the Company’s value. Looking ahead, the Company will continue to deepen its focus on the AI data infrastructure track, leveraging technological innovation and the expansion of application scenarios to continuously unlock its growth potential, with substantial long-term development potential. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Hong Kong Completes First Green Methanol Bunkering, Driving Green Transformation of Its International Shipping Hub ACN Newswire

Hong Kong Completes First Green Methanol Bunkering, Driving Green Transformation of Its International Shipping Hub

HONG KONG, March 6, 2026 - (ACN Newswire via SeaPRwire.com) – 5 March 2026, the world’s first methanol dual-fuel roll-on/roll-off vessel, CM HONG KONG, successfully completed its first green methanol bunkering operation in Hong Kong. This also marks China's first green methanol bunkering operation conducted at anchor.This milestone signifies a major breakthrough in the Hong Kong Special Administrative Region Government’s deepened collaboration with enterprises including China Merchants Group (CMG), China Petroleum & Chemical Corporation (Sinopec Group), and China International Marine Containers Group (CIMC). The achievement responds proactively to the “Dual Carbon” goals and advances implementation of Hong Kong’s Action Blueprint for Green Marine Fuel Bunkering, marking a solid step forward in Hong Kong’s development into an international green marine fuel bunkering centre.The bunkering ceremony, themed “RIDING THE TIDE, GREENING THE FUTURE”, was jointly hosted by China Merchants Energy Shipping (CMES), Sinopec (Hong Kong), and CIMC Enric at the Legislative Council Complex. Officiating guests included the Secretary for Transport and Logistics of the Government of the Hong Kong Special Administrative Region, the Hon Mable CHAN, JP; the Under Secretary for Environment and Ecology, Diane WONG Shuk-han, JP; the Director of Marine, WONG Sai-fat, together with Members of the Legislative Council, the Hon Gary CHAN Hak-kan, SBS, JP; the Hon Judy CHAN Kapui, MH, JP; the Hon Erik YIM Kong, JP; the Hon Aaron BOK Kwok-ming; Dr the Hon Webster NG Kam-wah, JP; Capt the Hon Lothair LAM Ming-fung; and the Hon Tommy CHUNG Ki-fung. Representatives from CMG, Sinopec, and CIMC, along with more than 100 distinguished guests from the shipping, energy, equipment manufacturing, and financial sectors, witnessed the significant moment.During the ceremony, officiating guests jointly launched the bunkering operation. A live screen broadcast the “first injection” of green methanol into CM HONG KONG, while simultaneously displaying the internationally certified green attribute certificate.The vessel completed bunkering via a ship-to-ship (STS) transfer, receiving approximately 500 tonnes of green methanol. According to calculations, this volume is expected to reduce greenhouse gas emissions by approximately 85% compared with conventional marine fuels.The green methanol was produced and supplied by CIMC Enric and has obtained ISCC EU certification. The bunkering operation was carried out through Sinopec (Hong Kong)’s professional bunkering service system, and the fuel was ultimately applied by CMES as the shipowner. The operation fully demonstrated a closed-loop green methanol value chain encompassing “production–storage–shipping–bunkering–application”.Pursuant to the Strategic Cooperation Agreement on Jointly Building the Hong Kong Green Methanol Bunkering Centre signed in November 2025, the three parties leveraged their respective core strengths in ocean shipping, oil and gas and green fuel storage-transport-sales, and energy equipment manufacturing. Technical validation, solution optimisation, and emergency preparedness were completed in advance to ensure smooth implementation.To ensure safe and efficient operations, relevant HKSAR Government departments worked in close coordination with participating enterprises. The Transport and Logistics Bureau, Marine Department, Customs and Excise Department, and Immigration Department provided end-to-end support in policy guidance, streamlined approvals, and safety oversight in accordance with the Action Plan on Green Maritime Fuel Bunkering.This inaugural bunkering is not merely a technical demonstration, but a pivotal practice in establishing Hong Kong’s green marine fuel bunkering ecosystem. It verifies both the technical feasibility and commercial operability of green methanol bunkering in Hong Kong, and showcases a “Hong Kong’s Approach” characterised by government-enterprise collaboration, port-shipping synergy, and full industry-chain coordination. This initiative helps attract more green vessels to call at Hong Kong and encourages Hong Kong-registered vessels to increase their usage of green marine fuels, striving to achieve the target of 7% by 2030.The three organizations that collaborated to complete this bunkering operation stated that they would continue to further deepen cooperation, promote the industrialisation, scaling, and regularisation of green methanol supply in Hong Kong, and accelerate the establishment of a comprehensive ecosystem covering production, storage, shipping, bunkering, trading, and financial services. These efforts will support Hong Kong in building a leading green maritime fuel bunkering and trading centre in the Asia-Pacific region, contributing to the national “Dual Carbon” goals, Hong Kong’s carbon neutrality, and the global low-carbon transformation of the shipping industry.PhotosCaption Photo 1Bunkering process of CM HONG KONG Photo 2Bunkering process of CM HONG KONGPhoto 3 Bunkering of the world's first methanol dual-fuel roll-on/roll-off vessel CM HONG KONG in Hong KongPhoto 4Group Photo of All Guests at the Hong Kong’s First Green Methanol Bunkering CeremonyPhoto 5Group Photo of the Kickoff Ceremony at the Hong Kong’s First Green Methanol Bunkering Ceremony Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Hong Kong Tech Innovators Drive Success at Mobile World Congress and 4YFN Barcelona 2026 ACN Newswire

Hong Kong Tech Innovators Drive Success at Mobile World Congress and 4YFN Barcelona 2026

HONG KONG, March 6, 2026 - (ACN Newswire via SeaPRwire.com) – Hong Kong Trade Development Council (HKTDC), in collaboration with Hong Kong Science and Technology Parks Corporation (HKSTP), led a delegation of 20 local innovation and technology (I&T) companies and institutions to Barcelona, Spain, concluding a highly successful participation at the world’s premier connectivity event—Mobile World Congress (MWC), and debuted at the startup-centric stage—4 Years From Now (4YFN) 2026. This participation has enabled local tech firms to access markets overseas, showcasing their strengths in research and development (R&D), and demonstrating the city’s role as a leading international I&T hub.The delegation effectively spotlighted Hong Kong’s cutting-edge innovative solutions in Connectivity, Devices and Systems, Digital Transformation, and support from Ecosystem Partners, successfully engaged global industry leaders and investors to generate business collaboration, technology co-development and investment opportunities.Iris Wong, Director, Merchandise Trade and Innovation / Director, External Relations, HKTDC, said, “Hong Kong is committed to developing into an international I&T centre, actively promoting cross-industry integration and driving high-quality development of the industries through technological innovation. We possess a robust mobile communications infrastructure, and the industry is highly competitive in research and development as well as technology related to 5G/6G applications and AI integration. This year, the Hong Kong Tech Pavilion adopts a dual-pavilion layout to showcase the city's I&T capabilities on two international platforms – MWC and 4YFN – helping the industry expand into European and broader global business opportunities.”Derek Chim, Head of Startup Ecosystem and Development, HKSTP said, “MWC and 4YFN bring together the world’s most influential stakeholders across connectivity and innovation ecosystems. Our dual-zone presence gave our innovators the global stage to validate solutions, gain visibility and drive business traction. HKSTP will continue to strengthen the I&T ecosystem and bring Hong Kong's research excellence to Europe and beyond.”A series of dialogues and exchanges—spanning networking reception and themed talks to pitching sessions—were held at the Pavilions and attracted an enthusiastic response. The events highlighted the dynamism of Hong Kong’s I&T ecosystem to European audiences, while enabling participants to more deeply understand the city’s unique advantages as a “super-connector” and “super value-adder”. This positions the city as a strategic springboard for international companies entering Asian markets, while enabling local and Chinese Mainland firms to leverage this edge to expand globally.Following his visit to the Hong Kong Tech Pavilion, Alejandro Gallego, International Business Director of AMEC, said: “The Hong Kong Pavilions are highly inspirational, and the exhibiting companies we visited showcased exceptionally innovative technological solutions. We have started conversations with Hong Kong companies to explore concrete opportunities for collaboration.”Jacobo Pérez-Soba, Manager of the Internationalisation Department, Madrid Chamber of Commerce & Industry, said: “The solutions and services provided by Hong Kong companies are highly forward-looking and demonstrate outstanding technological advancement. I also learned about upcoming tech events in Hong Kong, which are expected to be of significant interest to Spanish companies and startups.”As 2026 marks the opening year of China’s 15th Five-Year Plan, with technological innovation as one of the national priorities, HKTDC shall continue to join hands with HKSTP to support local tech firms in "going global" through jointly organising the Hong Kong Tech Pavilion, accelerating Hong Kong’s I&T by building a vibrant, internationally competitive ecosystem and fostering the development of new quality productive forces.Photo download: https://bit.ly/3Nm5qHlHong Kong Tech Pavilion debuted a dual presence at MWC and 4YFN 2026, featuring 20 Hong Kong I&T companies and institutions in Barcelona to showcase the city’s innovative technology solutions. Throughout the four-day event, the Hong Kong Tech Pavilion at MWC saw a constant stream of visitors, attracting a significant number of international telecom operators, corporate decision-makers, and investors. The Hong Kong Tech Pavilion debuted at the startup-centric 4YFN, served as a vibrant stage for Hong Kong’s up-and-coming innovation power. A series of dialogues and exchanges—spanning networking reception and themed talks to pitching sessions—were held at the MWC Pavilion and attracted an enthusiastic response. The seminar “Ready for Asia' Take the Fast Track Through Hong Kong” was held at the Pavilion to share strategies for international companies to enter Asian markets, speakers included (starts from the second left in Photo 6) Chris Lo, Regional Director, Europe, Central Asia & Israel of HKTDC; Paula Kant, Head, Investment Promotion of InvestHK; Jennifer Chan, Board Member of HKSTP; Prof Christopher Chao, Senior Vice President (Research and Innovation) of The Hong Kong Polytechnic University and Daniel Garcia, Founder of a Spain startup VirtuaBroker. Another seminar, the "Hong Kong Tech Disrupt" featured insights from Jennifer Chan, Board Member of HKSTP (first from left); Derek Chim, Head of Startup Ecosystem and Development of HKSTP (middle); alongside were representatives from park companies, including Kinson Chan, CEO of eSIX Limited (second from right) and Edward Mak, CEO & Founder of Vista InnoTech (second from left). The seminar drew attention from numerous professionals in the European technology sector.Full list of 20 tech entities showcasing at Hong Kong Tech Pavilion during MWC and 4YFN 2026:MWC 2026 – Booth 6E44 at Hall 61Entoptica LimitedDevices & Systems2eSIXConnectivity3Faraconix Technologies Co., Ltd.Connectivity4FreightAmigo Services LimitedDigital Transformation5Glassdio Scientific Company LimitedConnectivity6Harvest Elite International LimitedDigital Transformation7HongKong Umedia LimitedDevices & Systems8iASPEC Services LimitedDigital Transformation9InvestHKEcosystem Partners10Robocore Technology LimitedDevices & Systems11Shannon & Turing Technology LimitedConnectivity12The Hong Kong Polytechnic UniversityEcosystem Partners13Xeroptix TechnologyDevices & Systems4YFN 2026 – Booth 8.1B31 at Hall 8.114AIGM LimitedDigital Transformation15BWSea Technology (HK) Co., LimitedDigital Transformation16Cresento LimitedDevices & Systems17GoGoChart Technology LimitedDigital Transformation18HairCoSys LimitedDevices & Systems19KNQ Technology LimitedDigital Transformation20Vista Innotech LimitedDevices & SystemsAbout 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.About Hong Kong Science and Technology Parks CorporationHong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 12 unicorns, more than 16,000 research professionals and over 2,400 technology companies from 24 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc.Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined.Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more.Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues to contribute in establishing I&T as a pillar of growth for Hong Kong. More information about HKSTP is available at www.hkstp.org.Media Contact:Hong Kong Science and Technology Parks CorporationAngela Lau, +852 6535 7611, angela.lau@hkstp.orgHong Kong Trade Development CouncilWinnie Kan, +852 2584 4055, winnie.wy.kan@hktdc.org Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Anime Tokyo Station: “That Time I Got Reincarnated as a Slime” Special Exhibition, February 21 to May 24, 2026 ACN Newswire

Anime Tokyo Station: “That Time I Got Reincarnated as a Slime” Special Exhibition, February 21 to May 24, 2026

TOKYO, Mar 6, 2026 - (JCN Newswire via SeaPRwire.com) - Anime Tokyo Station is an anime exhibition site focused on Japanese anime content, which has developed a devout fan base around the world. From February 21 (Sat.) to May 24 (Sun.), 2026, it will be holding the “That Time I Got Reincarnated as a Slime” Special Exhibition. A preview was held for the press on February 20 (Fri.), the day before the exhibition opened.©Taiki Kawakami, Fuse, KODANSHA/ “Ten-Sura” ProjectThis special exhibition looks back on the story through the third season of the TV anime, highlighting iconic scenes and memorable lines. Visitors can enjoy exhibits unique to Anime Tokyo Station, including interactive digital content and a photo spot where they can take commemorative photos with Rimuru. With displays that unfold alongside character introductions and other features, even those who have not yet seen the anime can enjoy the exhibition as preparation for the film set for release in late February and the fourth season of the TV anime starting in April.Come to Anime Tokyo Station and experience the appeal of “That Time I Got Reincarnated as a Slime.”Exhibits©Taiki Kawakami, Fuse, KODANSHA/ “Ten-Sura” ProjectAbout the SeriesWhat is “That Time I Got Reincarnated as a Slime”?“That Time I Got Reincarnated as a Slime” is an isekai anime series following a protagonist who is reincarnated as a slime in another world, using the skills he acquires along with his wits and courage to gather allies. The first season of the TV anime aired on TOKYO MX and other channels from October 2018 to March 2019.In 2021, TV anime Season 2 Part 1 aired from January to March, followed by the spin-off comic adaptation “Slime Diaries: That Time I Got Reincarnated as a Slime” from April to June, and TV anime Season 2 Part 2 from July to September, making for nine consecutive months of broadcasts. Then, on November 25, 2022, “That Time I Got Reincarnated as a Slime: The Movie – Scarlet Bond” was released nationwide, becoming a major hit with over one million admissions and box office revenue of 1.4 billion yen in Japan.To commemorate the 10th anniversary of the web novel “That Time I Got Reincarnated as a Slime,” the Tensura 10th Project launched on February 20, 2023. As part of this project, the all-new three-episode animation “That Time I Got Reincarnated as a Slime: Visions of Coleus” began streaming on November 1, 2023. On December 16, 2023, the series’ first large-scale event, That Time I Got Reincarnated as a Slime: Tensura 10th Live, was held at Mori no Hall 21 in Matsudo. Furthermore, the third season of the TV anime aired from April to September 2024. Following the final episode of Season 3, production of a second theatrical film and Season 4 of the TV anime was announced. “That Time I Got Reincarnated as a Slime: The Movie – Tears of the Azure Sea” is set to release on February 27, 2026.The original manga “That Time I Got Reincarnated as a Slime” (serialized in Kodansha’s Monthly Shonen Sirius / Manga: Taiki Kawakami, Original story: Fuse, Character design: Mitz Vah) is a comic adaptation of the popular web novel of the same name by Fuse, which surpassed 1 billion page views on the user-generated novel publishing website “Shosetsuka ni Naro.” The combined worldwide circulation of the manga, novels, and spin-off works has exceeded 56 million copies (as of June 2025).* “Shosetsuka ni Naro” is a registered trademark of HinaProject Inc.Tensura Portal Site: ten-sura.comOfficial X: @ten_sura_anime / Official Instagram: tensura_official / Official TikTok: @ten_sura_animeEvent OverviewTitle:“That Time I Got Reincarnated as a Slime” Special ExhibitionDates:February 21, 2026 to May 24, 2026Name:Anime Tokyo Station (also known as "Anime Tokyo")Location:Floors B1 to 2F of Tokyu East 5 (2-25-5 Minami-Ikebukuro, Toshima-ku, Tokyo) * 4 minutes on foot from Ikebukuro StationHours:11:00 a.m. to 7:00 p.m. (last admission: 6:45 p.m. / Special exhibitions close: 6:30 p.m.)Closed:Mondays* If Monday falls on a holiday, the venue will be open on Monday and closed on the following dayNew Year's holiday periodMay be closed on other daysPlease check the venue website before coming.Admission fee:FreeWebsite:https://animetokyo.jp/en/SNS:X|https://x.com/animetokyo_info (@animetokyo_info)Instagram|https://www.instagram.com/animetokyostation/(@animetokyostation)YouTube|https://www.youtube.com/channel/UCSJOjGJE5Yiqw3PZ97AVdJwInquiries regarding this press releasePublic Relations Office of "Anime Tokyo Station" (Kyodo PR)Contact person: Miri YasudaE-mail: animetokyo-pr@kyodo-pr.co.jp Press release: https://www.acnnewswire.com/docs/files/20260306.pdf Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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