DYNASTY’S PROFIT ATTRIBUTABLE TO OWNERS OF THE COMPANY INCREASES BY 73% TO HK$18.5 MILLION IN 1H2024 ACN Newswire

DYNASTY’S PROFIT ATTRIBUTABLE TO OWNERS OF THE COMPANY INCREASES BY 73% TO HK$18.5 MILLION IN 1H2024

August 29, 2024
Financial Highlights (Unaudited)(HKD Thousand)Six months ended 30 June20242023ChangeRevenue135,347128,168+6%Gross Profit48,76747,212+3%Profit Attributable to Owners of the Company18,51010,712+73%Gross Profit Margin36%37%-1 percentage pointBasic Earnings per Share (HK cents)1.300.90+44%HONG KONG, Aug 29, 2024 - (ACN Newswire via SeaPRwire.com) - Dynasty Fine Wines Group Limited (“Dynasty” or the “Group”) (Stock Code: 00828), a premier grape winemaker in China, today announced its unaudited interim results for the six months ended 30 June 2024.In the first half of 2024, benefiting from new consumption scenarios such as banquets and gatherings nationwide, as well as continuous innovation achieved by the Group in product and consumption scenarios, sales volume of the Group’s products (particularly mid-range grape wine products) increased steadily, with revenue improving by 6% year-on-year to approximately HK$135 million. Government grants received by the Group during the period increased by approximately HK$6.50 million. Profit attributable to owners of the Company also increased significantly by 73% year-on-year to HK$18.5 million in the first half of 2024. Basic earnings per share were approximately HK1.3 cents per share. During the period, due to increase in overall material costs, the Group's overall gross profit margin mildly decreased from 37% for the same period last year to 36%.Sales of white wines products of the Group grew well over the period and served as the Group’s primary revenue contributor. Sales revenue of red and white wines products accounted for approximately 45% and 51% of the Group’s overall revenue respectively for the period. During the period, the gross profit margin of red wine products and white wine products were 33% and 41% respectively (in the first half of 2023: 31% and 45% respectively).The Group has continued to strengthen its presence in Ningxia and Xinjiang. This morning, Ningxia Tianxia Winery (Phase I) was completed three months ahead of schedule and officially commenced production. The grand completion cum grape pressing ceremony was held at the Ningxia Tianxia Winery, situated nearby Eastern foothill of Helan mountain, Ningxia, which is one of the key quality grape producing areas in China. The winery will integrate pressing, fermentation, processing, testing and research and development as a whole, with an annual production and processing capacity of 5,000 tonnes. The completion and commissioning of the project will greatly increase Dynasty’s capacity to produce premium wines, become a new driver for the Group’s long-term stable development and create new quality productive forces for the Group’s development. It is therefore an important milestone in Dynasty’s development history.The completion cum grape pressing ceremony of Ningxia Tianxia Winery (Phase I)The Group has been actively pursuing innovation, embracing the “5+4+N” product strategy, with “N” standing for developing various customised products and continuously creating new products. During the period, the Group launched a new high-end product, i.e. Dynasty Chinese Zodiac Commemorative Dry Red Wine for the Jia Chen Year of Dragon, integrating the high quality with the Chinese zodiac culture and the leading rise of Chinese-style fashionable products. In addition, the Group launched a new product, Inherit Series “Passing on the Glory, Continuing the Brilliant Heritage”, at the 110th China Food & Drinks Fair in March this year, as well as other new products launched in the period such as Long Yun Series, Cabernet Reserve etc., to further improve its product matrix and provide consumers with diverse consumption choices. With leading and well-proven technologies it prides, the Group carried out comprehensive upgrade of its production techniques, packaging design, etc. With China chic on the rise, the new upgraded design is set to resonate with Chinese consumers confident of their culture, help strengthen awareness of the Dynasty brand and attract mainstream consumers fancying China-made products and China chic.In addition to enriching the product matrix, the Group is accelerating the innovation of consumption scenarios and enhancing and strengthening the wine cultural experience. In June this year, Dynasty Starry Wine Bar was officially opened in Meijiang, Tianjin, the base of Dynasty. Starry Wine Bar is a pop-up offline bar meticulously designed by Dynasty to innovate the product experience, meet the diversified needs of consumers, and create new consumption scenarios in the country. It is committed to making consumers feel the warmth of the brand and recognise the value of the brand, thereby attracting more consumers through innovation.During the period, the Group continued to develop the “Dynasty Tavern” through online channels, creating a series of product promotion articles on the WeChat official account of Dynasty Wines, and promoting Dynasty’s major mainstream products using new media formats. In addition, it integrated the night market environment to expand various wine drinking scenarios and promote Dynasty’s younger products.Moreover, the Group sold chateau wine imported from France and other foreign branded wines in Chinese market through the Group’s existing distribution network to introduce some classic “old world” and “new world” varietals to cater for part of the market that prefers the taste of foreign premium wines.Regarding online sales, the e-commerce team of the Group comprehensively operated online stores itself on the traditional e-commerce platforms, such as JD.com, Tmall and Pinduoduo for product sales, as well as comprehensive innovation on its brand, product categories, and business systems, procedures and models via interest-based e-commerce platforms, including RED, Kuai and TikTok. Such efforts facilitated the Group’s autonomous brand communications so that it could continue to gain the attention of mainstream consumer groups and demographic segments, and enhance effective market penetration of the Group’s products targeted at young consumers. The e-commerce team also actively cultivate e-commerce live broadcasting talents to further expand its sales channels so as to build up a new customer base. The Group continues investing resources for improvement of the online sales channels and optimisation of online stores interface so as to adapt to the changing customer consumption behaviour in China, and keeps promoting the exclusive products series for e-commerce platforms through channels such as live streaming or broadcasting.Mr. Wan Shoupeng, Chairman of Dynasty, concluded, “Looking ahead to the second half of 2024, the Group will keep strengthening presence in Ningxia and Xinjiang to secure the supply of quality grapes and grape juice. Ningxia Tianxia Winery (Phase I) has completed construction and begun operation, which will become a new long-term and stable economic growth point of the Group and help the regional presence and layout of Dynasty, as well as in line with the overall planning and industry planning for the development of China’s wine industry. The Board currently remains cautious on the business prospects in the second half of 2024 and the Group will continue to proactively develop the new marketing prospects by innovation in products categories and consumption scenarios, carrying out cross-industry co-operations in order to boost sales volume, and be in line with the country’s commitment to stimulating domestic consumption.” – End –About Dynasty Fine Wines Group LimitedDynasty Fine Wines Group Limited was listed on the Main Board of The Stock Exchange of Hong Kong Limited with the stock code 00828 on 26 January 2005. Founded in 1980, Dynasty is the premier grape winemaker in China. It is principally engaged in the production and sale of grape wine products under its reputable “Dynasty” brand. Dynasty is the first Sino-foreign joint venture wine company in China with Tianjin Food Group Limited and the French grape wine giant, Remy Cointreau, as its current major shareholders. The Group produces and sells more than 100 grape wine product series, and introduces imported wine products, providing high-quality and value-for-money grape wines to the full range of consumer groups in China. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Banle Group Expands Global Port Coverage to Over 60 Ports ACN Newswire

Banle Group Expands Global Port Coverage to Over 60 Ports

August 29, 2024
HONG KONG, Aug 29, 2024 - (ACN Newswire via SeaPRwire.com) - CBL International Limited (the “Company” or “CBL”) (NASDAQ: BANL), the listing vehicle of Banle Group (“Banle” or “the Group”), a reputable marine fuel logistic company in the Asia-Pacific region, proudly announces a significant milestone by expanding its global port coverage to over 60 ports across fourteen countries and regions in four continents.This development underscores Banle's commitment to expanding its global presence and entering new markets, demonstrating the company's continued efforts to open new service ports and increase coverage for both existing and new customers. The company now provides bunkering services in Belgium, China, Hong Kong, India, Japan, Korea, Malaysia, Mauritius, Panama, Singapore, Taiwan, Thailand, Turkey, and Vietnam, representing a 70% increase in port coverage since its Nasdaq listing in March 2023, solidifying Banle's position as a major player in the industry.The Group's footprint includes nine out of the top ten container ports globally by throughput volume in 2023, highlighting its dominance in key maritime hubs. The Asia Pacific region, accounting for 70% of global container port throughput, remains a key focus for Banle, while the company continues to expand its presence in Europe and other regions.The company is actively preparing to capitalize on the growing demand for greener marine fuels, driven by international regulations like the FuelEU Maritime initiative and the IMO's strategy for greenhouse gas reduction. Banle has obtained the required ISCC EU and ISCC Plus certifications to comply with these regulations.As a pioneer in providing stable biofuel supply at major ports, Banle has achieved key milestones in biofuel bunkering services, including:— July 14, 2023: Commencement of biofuel supply in Hong Kong.— September 5, 2023: First export to China cargo supply.— March 15, 2024: Introduction of biofuel supply in Guangzhou, China.— April 13, 2024: Launch of biofuel supply in Shenzhen, China (Yantian).— June 28, 2024: Inaugural biofuel supply in Port Klang, Malaysia.According to BIMCO, the container shipping market has exceeded growth expectations, with forecasts predicting a 5 – 6% increase in container volumes for 2024 and a 3 – 4% increase for 2025. Banle is well-positioned to capitalize on this growth, continuing to facilitate essential bunkering services that support the efficient and profitable operations of container liners globally."Since our Nasdaq listing, we have made remarkable strides in expanding our port coverage and enhancing our service offerings to meet the growing demands of our customers, the international shipping companies," said Mr. Teck Lim Chia, Chairman & CEO of Banle Group. "Our expansion into Europe, with establishments in Ireland, underlines our commitment to developing our green marine fuels business, which is critical for our long-term sustainability goals."About the Banle GroupCBL International Limited (Nasdaq: BANL) is the listing vehicle of Banle Group, a reputable marine fuel logistic company based in the Asia Pacific region that was established in 2015. We are committed to providing customers with one stop solution for vessel refuelling. Banle Group’s business activities are primarily focused in over 60 major ports covering Belgium, China, Hong Kong, India, Japan, Korea, Malaysia, Mauritius, Panama, Singapore, Taiwan, Thailand, Turkey and Vietnam as of 28 August 2024. The Group actively promotes the use of alternative fuels and is awarded with the ISCC EU and ISCC Plus certifications.For more information about our company, please visit our website at: https://www.banle-intl.com.Forward-Looking StatementsCertain statements in this announcement are not historical facts but are forward-looking statements. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “could,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “plan,” “should,” “would,” “plan,” “future,” “outlook,” “potential,” “project” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. They involve known and unknown risks and uncertainties and are based on various assumptions, whether or not identified in this press release and on current expectations of BANL’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of BANL. Some important factors that could cause actual results to differ materially from those in any forward-looking statements could include changes in domestic and foreign business, markets, financial, political and legal conditions, geopolitical disruptions and other events that result in material changes in fuel prices. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the SEC.For more information, please contact:CBL International LimitedEmail: investors@banle-intl.comStrategic Financial Relations LimitedShelly Cheng Tel:(852) 2864 4857Iris Au Yeung Tel:(852) 2114 4913Email: sprg_cbl@sprg.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.
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Yunkang Group’s 2024 Interim Revenue Reaches Approximately RMB380 Million ACN Newswire

Yunkang Group’s 2024 Interim Revenue Reaches Approximately RMB380 Million

August 29, 2024
HONG KONG, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - Yunkang Group Limited ("Yunkang" or the "Group"; Stock Code: 2325), a leading medical operation services provider in China, has announced its interim results for the six months ended 30 June 2024 (the "Reporting Period"). In the first half of 2024, the Group continued to deeply implement its overall business philosophy of “in-depth services and lean operations”. On the one hand, the Group constantly deepened the model of diagnostic testing services for medical institution alliances, rapidly replicated the joint innovation platform for diagnostic testing, created a new model for innovative medical centers, and focused on “Artificial Intelligence (“AI”) + medical care” to achieve remarkable results in product innovation + model innovation and promote high-quality development of the industry. On the other hand, it leveraged on the fast-growing digital technologies, while adhering to reduce costs and increase benefits to continuously build lean operation capabilities.During the Reporting Period, due to the challenges brought by the macro environment, the in-depth changes in the medical service market and the fierce market competition, the Group’s short-term results did not meet expectations, recording a total revenue of RMB379.9 million, of which, revenue from diagnostic testing services for medical institution alliances, diagnostic outsourcing services and diagnostic testing services for non-medical institutions amounted to RMB182.3 million, RMB179.6 million and RMB18.1 million, respectively. If excluding the impact of revenue from phased testing and screening services nationwide at the beginning of 2023, the diagnostic testing services segment provided by the Group for medical institution alliances continued to maintain high-quality growth, contributing approximately 48.0% of the revenue, making it the largest source of revenue for the Group. The Group’s gross profit was RMB128.2 million and loss attributable to owners of the Company was RMB126.1 million.The innovative model of diagnostic testing for medical institution alliances has achieved remarkable results, empowering the development of hospitals through in-depth servicesDriven by the continuous increase in favorable national policies, the market demand for medical institution alliances has been gradually released. Leveraging the overall advantages of the Group’s professional, standardized and digitally intelligent solutions for the construction of regional medical institution alliances, the Group’s innovative business model – the provision of diagnostic testing services to medical institution alliances has maintained high-quality and healthy development for many years. As at the end of the Reporting Period, the Group had successfully provided professional diagnostic services for more than 1,500 medical institutions in collaboration with medical institution alliances under over 430 jointly constructed on-site diagnostic centers for medical institution alliances across the country and had created a number of benchmark joint projects, so as to facilitate the rapid development of medical institution alliances. Apart from developing customers of the joint construction business with medical institution alliances, the Group also attached importance to the deep cultivation of existing clients and lean operations. The Group not only provided “3+1” (i.e. tumor, infection, genetics and reproduction + precision medicine) technical system support but also provided support to the in-depth service system to empower the demand and long-term development of hospitals with in-depth services.Disease- and clinical-oriented to persistently enhance product competitivenessThe Group has always adhered to the “disease and clinical” oriented service concept and built a series of high and new technology platforms including PCR, protein high-throughput sequencing, gene chip, molecular diagnosis, cytogenetic, digital remote pathology and ultramicro pathology. The technology platforms can provide over 3,500 testing items, and the annual testing specimen volume exceeds 10 million. It also has developed diversified and targeted solutions and services for clinical application scenarios in different regions and different kinds of medical institutions. In recent years, the Group has continuously increased its investment in product research and development. In the first half of 2024, the Group has launched more than 500 new testing projects, which are far ahead of its peers. New projects launched during the Reporting Period with clinical needs as the core include 12 key featured products represented by dried blood spot vitamin D, allergy gene V2.0, urinary and fungal tNGS, as well as new projects such as targeted sequencing of 158 respiratory pathogens, targeted sequencing of 265 common pathogens, intestinal flora detection (16srDNA sequencing), congenital adrenal hyperplasia (CAH) gene detection (third generation sequencing), and deafness gene screening (321 sites), which have been widely recognized by the market.The joint innovation platform for diagnostic testing was replicated rapidly, with product innovation + model innovation entering the harvest stageIn recent years, the Group pioneered the creation of “joint innovation platform for diagnostic testing”, which has successfully developed detection products for different infection syndromes in various fields such as respiratory tract infections and central nervous system infections. During the Reporting Period, the Group continued to deepen its cooperation with many top hospitals such as Guangdong Provincial People’s Hospital with which the Group has contracted and continued to develop new products and technologies and promote them to the market, which was widely acclaimed by clinicians. At the same time, the Group attached great importance to the continued development of the joint innovation platform for diagnostic testing, it has so far cooperated with dozens of top domestic medical institutions in this innovative model. By giving full play to the top hospitals’ technological leadership, as well as leveraging on the Group’s platform foundation and innovative integration advantages in cutting-edge biotechnology, AI, cloud computing, big data and other advanced digital technologies, it will jointly explore scientific research and achievement transformation in various clinical specialty areas. During the Reporting Period, the innovative products developed based on the joint innovation platform for diagnostic testing have exceeded the annual level of the previous year in terms of testing volume and testing revenue, which has injected new momentum into the Group’s long-term high-quality growth.Create a new model of innovative medical center, promote the development of medical technology industryIn terms of innovation in the medical technology industry, the Group joins hands with various partners and lays emphasis on policy guidance, clinical development, technological breakthroughs, industrial services and application promotion in a bid to explore a new cooperation model for joint innovation and cooperation with medical schools, local governments and medical institutions. Subsequent to the Reporting Period, the Group has signed strategic cooperation agreements with the People’s Government of Ouhai, Wenzhou City and Wenzhou Medical University. In the future, all parties will focus on the core areas of the biopharmaceutical industry to orderly promote the establishment of several key projects such as joint innovation and transformation platforms, public service platforms, and medical big data research platforms, regional diagnosis sharing centers and innovative talents training base to promote the rapid transformation and industrial application of scientific research results. The Group will fully support Wenzhou Medical University and its affiliated hospitals, promote the transformation of scientific research results into practical applications, and strengthen the development of clinical disciplines and superior specialties, so as to truly improve the regional medical level.Focus on “AI + medical care” to empower high-quality development of the industryThe Group has continuously improved its medical testing technology research and development and digital application, further explored cutting-edge medical fields such as remote pathology, digital pathology and AI, and built a professional service platform “AI + medical care”. Combining with its top ten digital “cloud” operation systems, the Group helps partner hospitals to accomplish remote guidance, consultation, training and other services, and accelerate the interconnection of information within the medical institution alliances. As at the end of the Reporting Period, the remote pathology consultation platform, a digital IT platform independently developed by the Group which owns all intellectual property rights thereon, covers more than 600 medical testing items and has provided standardized and intelligent professional pathology technical services to nearly 300 medical institutions. It is one of the leading remote pathology platforms in China with the most access to hospitals, and it assists medical institutions nationwide to improve examination quality and diagnosis efficiency.In terms of the application of AI-assisted diagnosis, the Group adheres to the strategy of “introducing one project once it is mature” and has successfully introduced projects such as pathological DNA polyploid AI-assisted diagnosis, cervical liquid-based cell AI-assisted diagnosis, and chromosome AI analysis, leading to the great enhancement of diagnostic efficiency. In addition, through the perfect combination of pathological AI-assisted diagnosis and remote pathology diagnosis platform, the Group has also realized the upgrade of the human-machine remote mode of “preliminary screening by AI and review by pathologist”, significantly improving the efficiency of film reading.Lean operations to reduce costs, increase benefits and improve the operation efficiencyDuring the Reporting Period, the Group launched Phase II of the Robust Project, aiming to continue to deepen the results of Phase I of the Project, to consolidate the foundation of the Group’s lean operations and management, and further improve the efficiency of the Group’s use of resources to reduce costs and increase benefits through minimizing operating costs and optimizing operation platform. Through the perseverance and efforts of the entire Group, Phase II of the Robust Project has achieved various outcomes such as improving the establishment of various operating rules and systems, optimizing the core operation and management processes, further standardizing the process supervision mechanism, and improving supervision efficiency; supported by the Group’s “cloud” system, a structured operation data support system established through IT-based means. Through lean management, the Group will comprehensively reduce costs and increase benefits from all aspects of corporate operations such as marketing, laboratories, supply chain, logistics and human resources, the outcomes of which will be seen in the second half of the year.In the future, under the Group’s business philosophy of “in-depth services and lean operations”, the Group will continue to adhere to the principles of innovation and service orientation and actively promote the development of new quality productivity in the medical and health field by leveraging on its strong technology research and development capabilities and profound industry knowledge, thereby empowering the construction of medical institution alliances and the improvement of public healthcare system. Meanwhile, the Group will proactively enhance in-depth customer services, foster lean operation management and digital empowerment, follow national policies directions, and seize the opportunities in the medical testing service market, in order to provide the public with better and more efficient, more accurate and more competitive diagnostic testing products and services, thereby contributing to the realization of the blueprint for Healthy China 2030.– End –Yunkang Group Limited (Stock Code: 2325)Yunkang Group is a leading medical operation service provider in China, which started to provide standardized medical diagnostic services to medical institutions at all levels as early as 2008. Leveraging its own professional diagnostic capabilities and the nationwide service network of integrated healthcare systems, Yunkang has gradually grown to become a medical operation service platform. Meanwhile, Yunkang is a medical operation service provider in China offering a full suite of diagnostic testing services which are diagnostic outsourcing services and diagnostic testing services for medical institution alliances. Yunkang provides diagnostic services through on-site diagnostic centers to collaborative hospitals in the integrated healthcare systems in China and assists them in improving their clinical diagnosis capabilities through co-developing diagnostic centers. As of June 30, 2024, Yunkang has successfully provided professional services to over 430 medical institution alliances and the hospitals it collaborated with were located across 31 provinces and municipalities in China.Media InquiriesYunkang Group LimitedE-mail：ir@yunkanghealth.comWebsite：www.yunkanghealth.com Copyright 2024 ACN Newswire via SeaPRwire.com.
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IGG Inc: Viking Rise and App Business Achieve New Highs in Quarterly Gross Billing ACN Newswire

IGG Inc: Viking Rise and App Business Achieve New Highs in Quarterly Gross Billing

August 29, 2024
2024 Interim Financial Highlights and 2H24 Outlook of IGG Inc:- For the first half of 2024, the Group experienced a 9% year-on-year increase in revenue, reaching a total of HK$2.74 billion. This growth was primarily driven by the steady success of two highly-rated strategy games, “Doomsday: Last Survivors” and “Viking Rise”, as well as the strong performance of the APP Business “Doomsday: Last Survivors” and “Viking Rise” contributed approximately HK$500 million and HK$300 million respectively, while the APP Business generated HK$400 million in revenue for the Group. These contributions highlight the Group’s commitment to diversified growth and underscore the significant role played by these key revenue drivers.- “Lords Mobile”, IGG’s flagship title launched eight years ago, contributed HK$1.34 billion.- Following the Group’s successful turnaround from a loss to an annual net profit of HK$73 million in 2023, the Group experienced a significant increase in net profit, reaching HK$330 million in the first half of 2024. The Group’s core business exceeded HK$350 million in net profit, while the investment business recorded a slight loss of approximately HK$25 million due to fair-value changes of investees.- The Board of Directors declared an interim dividend of HK8.5 cents per ordinary share, representing approximately 30% of the net profit for the first half of 2024. The Group spent nearly HK$33 million on share buybacks in the first half. The dividend declared plus the amount spent to repurchase shares make up about 40% of the Group’s net profit for the first half of 2024.- Entering the second half of 2024, “Viking Rise” and the APP Business are expected to achieve new highs, with monthly gross billing at HK$80 million and HK$120 million respectively for the past two months. With consistent growth of the core game business and APP Business, the Group expects to maintain sustained profitability in the long term.HONG KONG, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - IGG Inc (“IGG” or the “Group”, stock code: 799.HK), a leading global developer and publisher of mobile games and applications, announces its unaudited consolidated interim results for the six months ended 30 June 2024.Having achieved a remarkable turnaround from a loss to a profit in 2023, the Group is now directing its efforts towards “Profit-driven Growth” in 2024. In terms of revenue, the Group experienced a 9% year-on-year increase, reaching HK$2.74 billion in the first half of 2024. This growth was primarily driven by the consistent contributions from the two highly rated strategy games, “Doomsday: Last Survivors” and “Viking Rise”, along with the outstanding performance of the APP Business. “Lords Mobile”, IGG’s flagship title launched eight years ago, contributed HK$1.34 billion in the first half of 2024. During the period, “Doomsday: Last Survivors” and “Viking Rise” generated approximately HK$500 million and HK$300 million, respectively, replacing “Lords Mobile” to become the new growth drivers. Following its restructuring at the beginning of 2024, the APP Business swiftly regained momentum and achieved record-breaking revenue of HK$400 million in the first half of 2024, accounting for 15% of the Group’s total revenue, and establishing itself as a diversified growth catalyst. During the period, revenue from Asia, Europe and North America accounted for 41%, 34% and 21%, respectively, of the Group’s total revenue.With the contribution of the aforementioned businesses, continuous resource optimization, and extensive utilization of AI technology, the Group achieved a net profit of HK$330 million in the first half of 2024. The Group’s core business exceeded HK$350 million in net profit, while the investment business recorded a slight loss of approximately HK$25 million due to fair-value changes of investees. As at 30 June 2024, the Group’s mobile games were available in 23 different languages worldwide, with approximately 1.45 billion gamers in total and 17 million monthly active users (“MAU”) across more than 200 countries and regions.“Viking Rise”, the Group’s first Viking-themed strategy game, received widespread acclaim when it was launched in late 2022. Throughout the first half of 2024, the Group continued to enhance the game’s content, introducing a variety of in-game features including social play, instances, and guild battles. In a marketing campaign, the Group partnered with Hafþor Julius Björnsson, the “World’s Strongest Man” and renowned actor from the classic American TV show, to be the forefront authority for the new Valhalla Drill game mode. Additionally, the collaboration between the game and the popular TV show “Vikings” from MGM Television and its spinoff series “Vikings: Valhalla” was very well received by the game’s 30 million players. With recent marketing initiatives, the game is projected to achieve a new record in August, with monthly gross billing expected to reach HK$80 million.Expanding on the initial version of “Doomsday: Last Survivors”, the group introduced an exciting blend of MOBA (Multiplayer Online Battle Arena) and Battle Royale features to its strategy gameplay. To further enhance the experience, the Group has unveiled “Genesis War”, a thrilling large-scale guild battle that adds a new dimension to the game, propelling the average monthly gross billing to HK$86 million. The Group worked with the renowned fighting game, “THE KING OF FIGHTERS ’97”, and held the first International Offline SLG Championship for “Doomsday: Last Survivors” and “Lords Mobile”. This groundbreaking tournament is a first for the games industry.“Lords Mobile”, IGG’s innovative blockbuster title, is the Group’s first cross-platform, multi-language, real-time game designed for global gamers. Launched in 2016, the game has garnered widespread acclaim from gamers, and is recognized for its longevity[1] and ability to generate stable revenue for the Group. As at 30 June 2024, it has amassed 710 million registered users worldwide and has 9.5 million MAU. The Group unveiled an exciting array of new marketing initiatives, including the much-anticipated “Guild Expedition” feature and collaborations with esteemed partners such as iconic Italian sports car manufacturer “PAGANI”, blockbuster movies like “Shrek” and “Godzilla x Kong: The New Empire”, and the fighting game “THE KING OF FIGHTERS XV”, to offer players a refreshing gaming experience.Following a strategic restructuring in early 2024, the APP Business swiftly regained its stride and achieved remarkable milestones in gross billing and user acquisitions. During the period, the APP Business experienced a surge in monthly gross billing to an impressive HK$100 million, contributing a substantial HK$400 million in revenue for the period, accounting for 15% of the Group’s total revenue. It solidified the APP Business as a pivotal catalyst for diversified growth within the Group. As at 30 June 2024, it has over 41 million MAU. The Group’s commitment to promoting and diversifying its product portfolio, leveraging its platform-based business model, led the APP Business to achieve a monthly gross billing of HK$120 million in July.Through a combination of share repurchases and dividend payouts, the Group consistently returns value to its shareholders. During the period, the Group repurchased close to 10 million shares for a consideration of nearly HK$33 million, representing approximately 10% of interim profit. The Board of Directors declared an interim dividend of HK8.5 cents per ordinary share, representing approximately 30% of interim profit. The dividend declared plus the amount spent to repurchase shares make up about 40% of the Group’s net profit for the first half of 2024.By adhering to its long-term operational strategy, the Group will drive steady growth in both its core game business and the APP Business. Additionally, the Group will continue to adopt Artificial Intelligence Generated Content (“AIGC”) technology to optimize costs and enhance profitability. Increased marketing initiatives for “Viking Rise” and the continued growth of the APP Business are fuelling the Group’s upward trajectory and positioning it for sustained profitability in the long run. Embracing the corporate spirit of “Innovators at Work, Gamers at Heart”, the Group will continue to strengthen its global R&D and operation capabilities, to relentlessly pursue its strategy of quality, innovation, and excellence in creating innovative yet timeless games.[1] APP Business: the Group’s mobile applications[2] Source: Sensor Tower, a third-party analytics platform– END –About IGG IncEstablished in 2006, IGG Inc is a leading global mobile games and applications developer and operator with headquarters in Singapore and local offices in the United States, China, Canada, Japan, South Korea, Thailand, the Philippines, Indonesia, Brazil, Türkiye, Italy and Spain. IGG offers multi-language and multifarious games to users around the world. The Group has established long-term partnerships with over 100 business partners, including global platforms, advertising channels, and vendors such as Apple, Google and Meta. IGG’s most popular games include “Lords Mobile”, “Doomsday: Last Survivors”, “Viking Rise”, “Castle Clash”, and “Time Princess”. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Panduan kepada Sukan Paralimpik: Bila dan Bagaimana untuk Menonton Berita

Panduan kepada Sukan Paralimpik: Bila dan Bagaimana untuk Menonton

August 28, 2024
(SeaPRwire) - Semangat pertandingan di bandar cinta itu masih berterusan dengan Sukan Paralimpik yang dijadualkan bermula pada hari Rabu. Lebih daripada 4,000 atlet dari 184 negara akan menyertai acara sukan di Paris, yang akan berlangsung selama 11 hari. “Majlis ini di tengah bandar merupakan simbol yang kuat yang menggambarkan aspirasi kami untuk memanfaatkan negara kita menjadi tuan rumah Sukan Paralimpik buat pertama kalinya untuk meletakkan isu inklusif bagi golongan kurang upaya di tengah-tengah masyarakat kita,” kata Tony Estanguet, presiden Jawatankuasa Penganjur Paris 2024 untuk Sukan Olimpik dan Paralimpik. Paralimpik pada asalnya bermula sebagai Sukan Stoke Mandeville di London pada tahun 1948, tetapi menjadi seperti yang kita ketahui hari ini pada tahun 1960, untuk bersaing antara satu sama lain. Tahun ini, Majlis Pembukaan akan berlangsung melalui Champs–Élysées, jalan utama di Paris, ketika atlet-atlet berjalan kaki ke Place de la Concorde untuk disambut oleh orang ramai yang penuh semangat. Berikut ialah perkara yang perlu anda ketahui tentang Paralimpik. Cara menonton Paralimpik Penonton boleh menonton Paralimpik di Peacock, yang akan menyiarkan acara secara langsung. NBC akan mempunyai tiga slot masa untuk menyiarkan sorotan daripada Sukan pada 30 Ogos pada pukul 9 malam waktu timur, 1 September pada pukul 7 malam waktu timur, dan 6 September pada pukul 9 malam waktu timur. Rangkaian USA juga akan menyiarkan beberapa acara, bermula dengan renang Paralimpik, bola keranjang kerusi roda, ragbi kerusi roda, dan sebagainya, pada hari Khamis. Orang ramai juga boleh menonton Sukan di . Bilakah majlis pembukaan dan penutupan? Majlis Pembukaan akan diadakan pada hari Rabu pada pukul 2 petang waktu timur. Majlis Penutupan, yang dijadualkan pada 8 September di Stade de France, akan menampilkan lebih daripada 20 artis elektro terbesar di Perancis. Bermula pada pukul 8.30 malam waktu timur, pesta selama 3 jam itu akan menampilkan perarakan dan penyerahan bendera dari Paris ke Los Angeles, di mana Paralimpik musim panas seterusnya akan diadakan pada tahun 2028. Siapakah atlet-atletnya? Kira-kira 4,400 atlet akan menyertai Sukan Paralimpik pada musim panas ini. Pasukan Amerika Syarikat akan mempunyai 225 atlet yang menyertai, termasuk pasukan bola keranjang kerusi roda wanita, yang memenangi pingat emas di . Jessica Long, yang telah memenangi 29 pingat Paralimpik, dan Tatyana McFadden, yang berpotensi menjadi atlet trek Paralimpik Amerika Syarikat yang paling banyak dihiasi, juga akan menyertai tahun ini. Pasukan bola keranjang kerusi roda lelaki juga akan berusaha untuk mempertahankan gelaran mereka dan memenangi pingat emas ketiga mereka. Acara Paralimpik berbeza daripada Olimpik dalam hal ini untuk setiap acara sukan, atlet yang menyertai mesti mempunyai kecacatan yang sama. Untuk menilai kesan kecacatan mereka, pakar perubatan dan teknikal mesti menilai kesan kecacatan mereka. Sebagai contoh, untuk atlet yang menyertai p, terdapat kategori WH1, yang merupakan untuk atlet yang menggunakan kerusi roda dengan “fungsi kaki dan batang tubuh yang teruk terjejas,” SL3, untuk atlet yang boleh bersaing berdiri tetapi juga mempunyai kecacatan anggota bawah dan masalah keseimbangan semasa berjalan dan berlari, dan banyak lagi. Adakah tiket masih ada? Tiket untuk Paralimpik masih boleh dibeli. Terdapat juga laman web penjualan semula rasmi . Terdapat juga beberapa tawaran yang membolehkan orang ramai seharga €10 jika anda membeli 2 tiket standard. Terdapat juga , yang membolehkan peminat menonton pelbagai sukan Paralimpik dalam satu hari dengan harga €24. Apakah acara sukannya? Atlet akan dapat memenangi pingat dalam salah satu daripada 22 sukan, termasuk perkara seperti kanu Paralimpik, bola keranjang kerusi roda, pagar kerusi roda, memanah Paralimpik, angkat berat Paralimpik, dan banyak lagi. Terdapat dua sukan—boccia dan goalball—yang tidak mempunyai acara yang sama dalam Sukan Olimpik. Dicipta pada tahun 1946, goalball, adalah sukan yang untuk membantu memulihkan veteran perang buta. Ia masih dimainkan secara eksklusif oleh atlet yang mempunyai masalah penglihatan. Boccia, sebaliknya, dimainkan oleh atlet yang mempunyai kecacatan kemahiran motor. Untuk bermain, atlet mesti membaling bola ke arah bola sasaran putih, atau “jack.” Untuk menang, mereka perlu mendapatkan bola sebanyak mungkin berhampiran jack. Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
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Sunshine Insurance Announces 2024 Interim Results

August 28, 2024
2024 Interim Results Highlights:- GWPs increased by 12.8% YoY to RMB76.46 billion;- Insurance revenue increased by 4.4% to RMB31.49 billion;- Net profit attributable to equity owners of the parent increased by 8.6% to RMB3.14 billion;- Embedded value was RMB112.64 billion, up 8.2% from the end of last year on a comparable basis;- The annualised comprehensive investment yield was 7.2% and the annualised total investment yield was 3.6%;- As of the end of June 2024, the number of active customers was approximately 30.784 million.HONG KONG, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - Sunshine Insurance Group Company Limited (“Sunshine Insurance” or the “Company”, and its subsidiaries collectively the “Group”; Stock code: 6963.HK) announces the unaudited interim results of the Company and its subsidiaries (the “Group”) for the six months ended 30 June 2024.In the first half of 2024, China’s national economy operated in overall stability, achieving progress amid stability. New growth drivers accelerated, and high-quality development gained new strides. The insurance industry, as an important part of the economic system, exhibited a positive development trend, with supply and demand driving the continuous growth of market size. As the only listed traditional insurance company among the 205 mainland insurance companies established in this century, the Group seized the opportunities arising from economic improvement and the increasing demand for insurance. The Group promoted steady growth across various businesses, continuously enhanced its value creation capability and maintained a good development momentum. During the Reporting Period, the gross written premiums of the Group were RMB76.46 billion, representing a year-on-year increase of 12.8%, and the insurance revenue reached RMB31.49 billion, representing a year-on-year increase of 4.4%. The net profit attributable to equity owners of the parent was RMB3.14 billion, representing a year-on-year increase of 8.6%. The embedded value of the Group was RMB112.64 billion, up 8.2% from the end of the previous year. The annualised total investment yield of 3.6% and annualised comprehensive investment yield of 7.2%. As of the end of June 2024, the Group’s active customers were 30.784 million.The further consolidation of core business realized the leap in its value creation capabilityIn the first half of 2024, the Group firmly adhered to the path of high-quality development and high-value growth, and continued to promote the “New Sunshine Strategy” with “Technological Sunshine”, “Valuable Sunshine” and “Caring Sunshine” as the core. It created the unique core competitiveness of Sunshine through model innovation. As a result, the operating results achieved steady growth, the value creation capability saw a leap, the core competence of the main business of insurance has been further stabilized and enhanced, and the overall market competitiveness of the Group has been effectively improved.In terms of life insurance business, Sunshine Life kept pursuing value-oriented development, steadily implemented the strategy of “New Sunshine”, thereby continuously consolidating the advantage of diversified channel development and achieving initial efforts in the transformation and development of sales-force. Meanwhile, Sunshine Life strengthened the linkage between assets and liabilities, while it also upgraded and optimized product and service system. The operation showed a positive momentum of “steady improvement” and “improving quality while maintaining stability”. During the Reporting Period, GWPs reached RMB51.76 billion, a year-on-year increase of 12.9%; the value of new business was RMB3.75 billion, a year-on-year increase of 39.9%; the GWPs from the individual insurance channel amounted to RMB13.69 billion, a year-on-year growth of 25.5%, of which, FYRPs amounted to RMB3.58 billion, a year-on-year growth of 18.5%; In terms of worksite marketing, FYRPs increased by 42.7% year-on-year. The synergistic development of multiple channels has resulted in rapid growth in overall value, a steady recovery in effective manpower and a sustained increase in agent productivity.In terms of property and casualty insurance business, Sunshine P&C adhered to the development concept of “seeking progress amidst quality”, and solidly pushed forward the implementation of the “New Sunshine” strategy, and continuously consolidated a solid foundation for high-quality development. During the Reporting Period, Sunshine P&C achieved the stable growth of business, continued to optimized its business structure and maintained a good quality. The original premium income (OPI) was RMB24.65 billion, representing a year-on-year increase of 12.4%; the proportion of non-automobile insurance premiums was 46.1%, representing a year-on-year increase of 4.8 percentage points; the proportion of personal vehicle premiums to the automobile insurance was 62.4%, representing a year-on-year increase of 1.5 percentage points. The underwriting combined ratio was 99.1% and the underwriting profit was RMB0.2 billion.In terms of asset management, the Group upholds the philosophy of long-term value investment, and continuously optimizes the asset-liability management system. By harnessing the full-range investment qualifications and diversified investment capabilities, the Company maintains a clear strategic focus to develop the strategic asset allocation. Furthermore, it keeps enhancing its investment research capacity and carry out tactical asset allocation scientifically and flexibly under the premise of strictly managing investment risks, to create long-term, stable, and sustainable investment performance for insurance funds. During the Reporting Period, the Group’s investment performance remained stable. And achieved total investment income of RMB8.33 billion, reflecting a year-on-year increase of 8.2%, with annualised total investment yield of 3.6% and annualised comprehensive investment yield of 7.2%.The digital transformation continued to be deepened with customer experience and operational efficiency improved consistentlyTechnology is a key force in promoting the development of the financial industry and an important source of power for economic development. During the Reporting Period, in order to improve customer experience, improve operational efficiency and management, the Company made great efforts on “artificial intelligence+”, achieved breakthroughs in AI applications in key areas, and continued to deepen its digital transformation.In terms of sales support, it optimized and upgraded the property and casualty insurance as well as life insurance sales management platform. The property insurance set up a fully online closed-loop process for main non-automobile products from quotes to issuance, improved the digital closed-loop of marketing activities and empowered the per capita productivity improvement and efficiency. The life insurance “Know Your Insurance ” assisted agents in providing customers with coverage planning and product recommendations. In terms of customer service, the Group continuously improved its online customer service platform. The online rate of property insurance value-added service reached 96.3%. The online rate of life insurance preservation services was 96.4%. In terms of management empowerment, the Group built an intelligent risk control system across the Group, improved “non-automobile data mortality table ” system with regard to property and casualty insurance, and improved non-automobile insurance risk pricing capabilities; with regard to the life insurance, the Group created a total of 354 online risk monitoring indicators, which effectively prevented risks.Furthermore, the Group strengthened the availability of AI data and the construction of the Sunshine Zhengyan big model, which has been further applied in customer service, intelligent claims settlement, smart office and other scenarios. Customer service robots provided customers with services such as policy search, automobile insurance claims reporting, and life insurance follow-ups, achieving a customer satisfaction rate of 90.2% on non-human service. The usage rate of the document classification and visual injury identification functions for smart claims in personal injury assessments within property insurance exceeded 80%, with a document classification accuracy rate of 95.6%. The Sunshine Office GPT has been used a total of 1.02 million times, covering 84% of employees.The “Caring Sunshine” strategy further advanced and customer-centric mindset has been effectively implemented“All for customers” is the business value upheld by Sunshine Insurance, and it is also the starting point of creating the “Caring Sunshine” strategy. In order to further promote the “Caring Sunshine” strategy, in the first half of 2024, Sunshine Life continued to promote the “Matrix Plan” with focus on the “three/five/seven ” product system, and to enrich the connotation of the “three/five/seven ” product system, continuously meeting the needs for insurance products in customers’ different life stages. In terms of health protection, the Group launched the exclusive term critical illness insurance for children, the high-end accident medical insurance for children and the maternal and child medical insurance to meet the health protection needs of specific groups of customers’ families and further expand the coverage of customers. In terms of aged care and wealth inheritance, the Group accelerated the layout of participating insurance products to meet customers’ differentiated savings needs. In terms of products supported by national policy, the Group enriched the supply of products such as tax-advantaged health insurance and personal pension, and promoted the policy-oriented commercial insurance to benefit more customers.Furthermore, Sunshine Life continued to strengthen the construction of “Caring Sunshine” service system. The Group improved the service design capability from the customers’ perspective, and met the core service needs of customers. Meanwhile, in terms of service management, the Group continuously improved the efficiency of customer service, for example, promoting the service mechanism of “listening to customers”, expanded and upgraded the “customer experience officer” team, and continuously improved the capability to provide straight-through services to customers.Sunshine P&C continues to deepen the research on customer needs, and is committed to establishing a convenient customer service system and practicing the service motto of “making services the reason for customers to choose Sunshine”. In terms of individual customers, the Group continued to deepen the customer-segmented differentiated business management system and continuously provided customers with a richer differentiated product portfolio and personalized service experience to further enhance customer stickiness. In the first half of 2024, the renewal rate of personal vehicle insurance customers was 64.2%, representing continuous year-on-year increase. The proportion of non-automobile insurance products purchased by individual auto insurance customers reached 55.5%, representing a year-on-year increase of 7.6 percentage points. In terms of group customers, the Group continued to promote the implementation of the “Partnership Action” risk management service. In the first half of 2024, the Group provided technology-based loss mitigation and professional risk consulting services to 8,595 corporate customers and upgraded and created a full-scale risk management service model of “insurance + technology + service” to assist customers in improving their capabilities of risk management.Actively practiced sustainable development and fully supported real economy and green transformationActively pursuing sustainable development and earnestly fulfilling social responsibilities are the core values of an enterprise and the key to its long-term development. In the first half of 2024, the Group took an active part in serving national strategies, continuously enhanced its support for the real economy in quality and efficiency, provided a total of RMB50.4 trillion of risk protection for the real economy, and offered more than RMB420 billion of financial support. Particularly, the Group provided risk protection of nearly RMB220 billion to approximately 18,000 micro and small enterprises; the Group offered agriculture risk protection of RMB35.3 billion, paid out claims of RMB150 million and benefited approximately 44,000 rural households; the Group provided risk protection of RMB60.2 billion for 331 “Belt and Road” projects, involving 67 countries in “Belt and Road” construction; the Group provided risk protection of approximately RMB32.6 billion for 406 sci-tech enterprises.In the meanwhile, the Group was contributing to the green transformation and the realisation of harmonious coexistence, and continued to enrich its green insurance product and service system. In the first half of 2024, the Group provided nearly RMB8 trillion of green insurance protection for 1.22 million enterprises and individuals and offered claims support of approximately RMB2.3 billion. The Group actively responded to climate change to enhance its climate resistance. At the same time, the Group continuously improved its sustainable investment framework and policies. As of the end of June 2024, the balance of sustainable investments nearly reached RMB55 billion, of which green investment exceeded RMB19 billion.In addition, the Group actively fulfilled its social responsibilities and participated in public the welfare. The Group gave full play to the advantages of the main business of insurance and medical resources, and actively organized and participated in various public the welfare activities in the fields of helping the student and helping the elderly. As of the end of June 2024, Sunshine Insurance built 74 “BoAi” schools in 24 provinces across the country and trained a total of 20,397 rural doctors through the “Plan to Promote Competence of 10,000 Rural Doctors”. The Group sincerely cared for employees and their families, with an accumulated amount of RMB540 million parent-supporting subsidies granted to a total of 44,182 employees.With its strong comprehensive strength and positive development momentum, on 16 August, Hang Seng Indexes Company announced its latest quarterly review results, and the Group was successfully included in the HSMSI. This change will be implemented after the market close on 6 September, 2024, and will take effect on 9 September, 2024. According to a research report by CICC, Sunshine Insurance Group is expected to be included in the Hong Kong Stock Connect due to its adherence to high standards and outstanding operating performance.Being included in the HSCI marks a significant milestone. On one hand, it represents market recognition of Sunshine Insurance’s performance and development potential, helping to enhance the Group’s visibility in the capital markets and insurance sector. On the other hand, based on its solid fundamentals, it will attract more investors to increase their allocation to the Group’s stock, thereby improving trading liquidity.In the second half of 2024, China will further deepen the reform through focusing on promoting a Chinese path to modernization and thoroughly explore domestic demand potential. Therefore, the economy is expected to show a sustained recovery and positive trend. In the long run, the general trend of long-term positive development of China’s economy has not changed, and the insurance industry is ushering in historic opportunities for high-quality development and will play an irreplaceable and important role.Looking ahead, the Group will adhere to its founding aspiration of “establishing a respected century-old enterprise” and maintain its focus on core business areas. The Group steadfastly promote the “New Sunshine Strategy”, align with national policy directions and industry development trends, and actively make efforts on the five aspects including scientific and technological finance, green finance, inclusive finance, elderly care finance and digital finance. By precisely serving national strategies, supporting the real economy, and ensuring social the well-being, the Group will efficiently leverage its professional insurance advantages. It will continuously enhance Sunshine’s core competitiveness, advance high-quality development, and achieve high-value growth, injecting wisdom and vitality into the creation of a grand blueprint for a strong financial nation and the high-quality development of the financial industry.— End —About Sunshine Insurance Group Company LimitedSunshine Insurance Group Company Limited is a fast-growing private insurance service group in China. Since its establishment, the Group has prioritized value creation as its core business, dedicated to providing clients with professional risk protection and comprehensive service solutions. The Group carries out life and health insurance business through Sunshine Life, property and casualty insurance business through Sunshine P&C, and manages insurance funds through Sunshine AMC. As of 30 June 2024, the Group has been ranked among the top 500 Chinese enterprises by the China Enterprise Confederation for 13 consecutive years, entitled as one of the “Top 500 Valuable Brands in China” by the World Brand Lab for 13 consecutive years, and is also one of the five insurance companies in China that have been recognized as the well-known trademark in China and selected by Brand Finance as one of “Top 100 Most Valuable Insurance Brands”. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Hitachi High-Tech and Gencurix entered a partnership in cancer molecular diagnostics business JCN Newswire

Hitachi High-Tech and Gencurix entered a partnership in cancer molecular diagnostics business

August 28, 2024
Hitachi High-Tech Corporation ("Hitachi High-Tech") and Gencurix, Inc. ("Gencurix") have entered a strategic partnership (the Partnership) in the field of cancer molecular diagnostics(1). The Partnership aims to develop a testing service for the cancer molecular diagnostics by combining Hitachi High-Tech's core expertise in R&D and manufacturing of in vitro diagnostic products and digital technology, and Gencurix's technology and experience in biomarker(2) discovery for cancer diagnosis and development of molecular testing service. As a part of the Partnership, both companies concluded a Feasibility Study (FS) agreement to examine the feasibility of the business and completed the checkpoints defined in this FS agreement in June 2024. As the next step, Hitachi High-Tech and Gencurix are planning commercialization of testing services in Japan.In recent years, cancer treatments have begun to offer "personalized medicine," in which genes and proteins are examined in detail for precise diagnosis and treatment selection, and the treatment is tailored to the individual patient. As treatment modalities evolve, doctors and patients are facing with increasing opportunities to choose treatment, and clinical testing is becoming more important in supporting that choice. In the field of cancer diagnosis, where new drugs and treatments are rapidly being developed, there is a need to discover appropriate biomarkers, establish testing methods, and use digital technology to provide reports promptly with high medical value.Under these circumstances, Hitachi High-Tech, strengthening its molecular diagnostics business, and Gencurix, being specialized in biomarker discovery technology, will join forces to develop highly reliable testing services for cancer diagnosis.In April 2024, Hitachi, Ltd.("Hitachi") and Hitachi High-Tech consolidated Hitachi's Healthcare Business Division (radiation therapy, digital healthcare, etc.) to Hitachi High-Tech to promote the healthcare business based on "Diagnosis x Therapy x Digital" and create healthcare innovation. Especially in area of in vitro diagnostics area, we have contributed to improve quality and efficiency of testing with a product lineup that includes in vitro diagnostic equipment that analyzes blood and other specimens to support the diagnosis of diseases, and DNA sequencers. This Partnership is part of Hitachi High Tech's growth strategy of strengthening this molecular diagnostics business. Towards creating "a society without fear of cancer," Hitachi High-Tech aims to contribute to the improvement of people's QoL (Quality of Life) through "personalized medicine" and "sophisticated diagnosis of intractable diseases."Gencurix is a leading life science company established in 2011 in Seoul, Korea, engaged in the discovery of biomarkers for cancer diagnosis, the provision of testing services, and the sale of testing kits. Gencurix provides molecular diagnostic solutions across the cancer care process, from early detection to prognosis, companion diagnostics(3) and recurrence monitoring. Gencurix operates in Korea, Europe, and other countries around the world, and promotes joint development with pharmaceutical companies.Hitachi High-Tech and Gencurix will jointly develop cancer diagnostic tests required in clinical practice to promote personalized medicine in the oncology field and aim to provide highly reliable testing service solutions using digital technology. We will first jointly launch a testing service business in Japan and then in other countries.(1) Molecular diagnostics: Molecular diagnostic involves measuring biomolecules such as DNA, RNA, and protein contained in tissues and blood (body fluids) and provides information necessary for diagnosis or selection of therapeutic drugs to healthcare professionals.(2) Biomarker: A biomarker is a test item or biological substance that is an indicator of the presence or absence of a certain disease, a change in a disease status, or a therapeutic efficacy. Biomarkers are becoming increasingly important and enabling personalized medicine in specific disease areas such as cancer. In addition to being used as indicators to measure therapeutic efficacy, biomarkers are also expected to be used as indicators for disease prevention in the future.(3) Companion diagnostics: In vitro diagnostics to test the indication of a specific drug to improve the efficacy or safety of the drug.About GencurixGencurix is a molecular diagnostics company for cancer that provides digital PCR-based products and testing services based on a liquid biopsy, biomarker discovery and commercialization platform. Under the motto "Best in Class," Gencurix strives to solve clinical unmet needs with new technologies and testing products.Key products include GenesWell BCT, a breast cancer prognostic test, and Droplex's line of companion diagnostics for a wide range of cancers, including lung, colorectal and endometrial cancers. Gencurix has developed early diagnostic tests for major cancers, including liver and colorectal cancer, and is promoting clinical research. As written, Gencurix provides molecular diagnostic solutions across the cancer care process, from early detection to prognosis, companion diagnostics and recurrence monitoring.For further information, visit https://www.gencurix.com/About Hitachi High-TechHitachi High-Tech, headquartered in Tokyo, Japan, is engaged in activities in a broad range of fields, including manufacture and sales of clinical analyzers, biotechnology products, radiation therapy systems, semiconductor manufacturing equipment, analytical instruments, and analysis equipment. Also, we provide high value-added solutions in industrial fields such as mobility, connected, environment and energy, etc. Through business based on our core Observation, Measurement and Analysis technologies, we will contribute to the realization of a sustainable society by solving social issues.The company's consolidated revenues for FY2023 were approx. JPY 670.4 billion. For further information, visit https://www.hitachi-hightech.com/global/en/Contact:Business Development Dept., Diagnostic System Business Strategy Planning Div.,Diagnostic System Business, Healthcare Business Group,Hitachi High-Tech Corporationwww.hitachi-hightech.com/global/en/contactus/#sec-2 Copyright 2024 JCN Newswire via SeaPRwire.com.
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SmartHK Nanjing concludes ACN Newswire

SmartHK Nanjing concludes

August 28, 2024
- Some 40 leaders of business and academia explored Hong Kong-Jiangsu collaboration in finance, I&T, sustainable development, culture and creativity- Exhibition showcased Hong Kong’s professional services, creative designs and I&T projects. Some 400 business matching meetings were facilitated- Some 30 Hong Kong pitched to Jiangsu investors, while 60+ Hong Kong exhibitors highlighted their diversified services and advanced scientific researchHONG KONG, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - organised by the Hong Kong Trade Development Council (HKTDC) and co-organised by the Department of Commerce of Jiangsu Province as well as Hong Kong and Macao Affairs Office of Jiangsu Provincial People’s Government, concluded in Nanjing today.Centred around innovative collaboration for high-quality development, some 40 leaders of business and academia explored Hong Kong-Jiangsu collaboration in the areas of financial services, innovation and technology (I&T), sustainable development, culture and creativity.The opening ceremony was officiated by Hong Kong Special Administrative Region (HKSAR) Government Financial Secretary Paul Chan, Jiangsu Provincial People’s Government Vice Governor Fang Wei and HKTDC Chairman Dr Peter K N Lam.In his welcome remarks, Dr Lam said Jiangsu’s development positioning of one centre, one base, one hub and Hong Kong’s eight centres lay the foundation for the two places’ complementary growth. Jiangsu enterprises are encouraged to leverage Hong Kong’s professional services for business transformation and international expansion.“The HKTDC has proactively facilitated business and trade collaboration between Jiangsu and Hong Kong, in particular through the Jiangsu-Hong Kong Cooperation Joint Meeting. We have strengthened trade-related cooperation in the areas of manufacturing and supply chains, modern service industries and two-way investment. Our collaboration has now been extended to the areas of I&T, green development, culture and talent exchange. At this year’s SmartHK, we discussed finance, I&T, sustainable development, culture and creativity to showcase Hong Kong’s strengths. By focusing on I&T project matching, we’ve explored new modes of bilateral collaboration.”Mr Paul Chan said in his opening remarks: “Jiangsu and Hong Kong have a long history of cooperation, given strong bilateral economic and trade ties and frequent cultural exchanges. Many Hong Kong entrepreneurs invest and start businesses in Jiangsu. As of last year, they have invested in more than 35,000 projects. Nearly 2,300 Jiangsu businesses have set up in Hong Kong, while more than 100 Jiangsu companies are listed in our city, with a market value of more than HK$660 billion. The trade volume between Jiangsu and Hong Kong exceeded CNY85 billion in 2023, a nearly 35% increase year-on-year. Over the years, cooperation between Jiangsu and Hong Kong in finance, innovation and technology, education, culture and youth exchange, among others, has continued to deepen.”Mr Fang Wei said: “Technological innovation is key to driving high-quality development. Jiangsu’s market and industrial advantages and Hong Kong’s scientific research and financial advantages can accelerate the pace of innovation across industries and enable China to be self-reliant in the area of science and technology. As super connector, Hong Kong can link Jiangsu with global markets. Leveraging our respective strengths, we look forward to deepening our cooperation in trade and investment, work together to explore Belt and Road markets, among others, and accelerate national development.”Henry Tang, Chairman of The West Kowloon Cultural District Authority Board; Nancy Ip, President of The Hong Kong University of Science and Technology (HKUST); Gilbert Lee, Head of Strategy & Planning and Chief of Staff to the Chief Executive of Hang Seng Bank Limited, Non-executive Director of Hang Seng Bank (China) Limited, and Chairman of Hang Seng Indexes Company Limited; Roger Chen, Managing Director of China of CLP Holdings Limited; and Chen Shu, President of Jiangsu Soho Holdings Group, discussed the roadmap for Hong Kong-Jiangsu development. They shared their insights about the cultural industry, I&T, cross-border green finance, sustainable energy and success stories from previous collaborations between Hong Kong and Jiangsu.The HKTDC joined hands with InvestHK, HKSAR Innovation and Technology Commission, the Federation of Jiangsu Community Organisations, Jiangsu Development and Reform Commission, Jiangsu Provincial Department of Science and Technology, Industry and Information Technology Department of Jiangsu, Department of Ecology and Environment of Jiangsu Province, Jiangsu Provincial Department of Culture and Tourism, Jiangsu Provincial Financial Regulatory Administration, Jiangsu Federation of Industry and Commerce, Jiangsu Youth Federation as well as Jiangsu Sub-council of China Council for the Promotion of International Trade to host four thematic sessions. Industry experts discussed business opportunities in financial services, I&T, sustainable development, culture and creativity.Green development was a key topic for this year’s SmartHK. The “Green and Sustainable Development” thematic session, exclusively sponsored by Hang Seng Bank Limited, SmartHK’s Diamond Sponsor and Cross-Boundary Green Finance Partner, focused on exploring the green and sustainability development needs and cooperation opportunities between Hong Kong and Jiangsu.Ryan Song, Vice-Chairman and Chief Executive of Hang Seng Bank (China) Limited, delivered opening remarks for the session. Dr. Shelley Zhou, Head of Corporate Sustainability of Hang Seng Bank Limited, delivered a keynote speech titled on market trends and international standards of green finance and sustainable development”.Chan Pui-cheong, CEO of the Hong Kong Quality Assurance Agency; Arthur Lam, Co-Founder and CEO of Negawatt Utility Limited; Angus Wong, Managing Director for Wholesale Client Coverage of Hang Seng Bank Limited; Christopher Lau, Executive Director of Gold Peak Technology Group Limited; and Liu Changliang, Director of Sustainability of the Nanjing Iron and Steel Company Limited, discussed other topics including “Green and Development Certification Services and the Importance of ESG Information Disclosure in the International Market”; “Achieving Carbon Neutrality with the Help of Green Technologies”; “Business Expansion with the Help of Sustainable Financing”; “Green Transformation of Hong Kong Manufacturing Industry” and “Jiangsu Enterprises’ Green Finance and Green Businesses’ Needs”. The panel speakers also explored Hong Kong-Jiangsu cooperation opportunities in green finance and sustainable development.Some 30 start-ups from HKUST, The Hong Kong Polytechnic University, The Chinese University of Hong Kong and InnoClub, co-created by the HKTDC and Hang Seng Bank Limited, took part in a Smart+ pitching session to present their latest innovative solutions to Jiangsu investors and partners.To foster collaboration opportunities, a hallmark of HKTDC events, some 400 business matching meetings were facilitated to connect Jiangsu and Hong Kong companies.An exhibition of over 60 enterprises and start-ups showcased Hong Kong’s latest I&T products and services.WebsitesSmartHK: https://smarthk.hktdc.com/Photo download: https://bit.ly/3AER6D5SmartHK was held in Nanjing on 28 August.Jiangsu Provincial People’s Government Vice Governor Fang Wei (front, fourth from the right) and HKTDC Executive Director Margaret Fong (front, fourth from the left) attended the 12th Jiangsu-Hong Kong Cooperation Joint Meeting.Hong Kong SAR Government Financial Secretary Paul Chan (front, sixth from the left), Jiangsu Provincial People’s Government Vice Governor Fang Wei (front, seventh from the left), HKTDC Chairman Dr Peter K N Lam (front, fifth from the left), and HKTDC Executive Director Margaret Fong (front, fourth from the left) attended SmartHK.Hong Kong SAR Government Financial Secretary Paul ChanHKTDC Chairman Dr Peter K N LamJiangsu Provincial People’s Government Vice Governor Fang WeiChairman of The West Kowloon Cultural District Authority Board Henry Tang discussed cooperation opportunities between Jiangsu and Hong Kong in the areas of culture and creativity.(Starting second from left) Nancy Ip, President of The Hong Kong University of Science and Technology; Gilbert Lee, Head of Strategy & Planning and Chief of Staff to the Chief Executive of Hang Seng Bank Limited, Non-executive Director of Hang Seng Bank (China) Limited, and Chairman of Hang Seng Indexes Company Limited; Roger Chen, Managing Director of China of CLP Holdings Limited; and Chen Shu, President of Jiangsu Soho Holdings Group, discussed the roadmap for Hong Kong-Jiangsu development.The Green and Sustainable Development thematic session was exclusively sponsored by Hang Seng Bank Limited, SmartHK’s Diamond Sponsor and Cross-boundary Green Finance Partner, focusing on green and sustainable development needs of and cooperation opportunities between Hong Kong and Jiangsu.Some 30 start-ups from The Hong Kong University of Science and Technology, The Hong Kong Polytechnic University, The Chinese University of Hong Kong and InnoClub, co-created by the HKTDC and Hang Seng Bank Limited, took part in a pitching session to present their latest innovative solutions to Jiangsu investors.Media enquiriesPlease contact:Xinhua Daily (PR agency)Li JiaweiTel: (86) 15995295632Email: 1360342750@qq.comYu YanTel: (86) 13584019845Email: 422791094@qq.comThe HKTDC’s Communications & Public Affairs Department (Headquarters, Hong Kong):Jane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgSam HoTel: (852) 2584 4537Email: sam.sy.ho@hktdc.orgThe HKTDC’s Communications & Public Affairs Department (Shanghai):Sun PingTel: (86) 21-63528488 Email: p.sun@hktdc.orgMedia Room: http://mediaroom.hktdc.comAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
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The 9th Belt and Road Summit returns next month ACN Newswire

The 9th Belt and Road Summit returns next month

August 28, 2024
- The 9th Belt and Road Summit, co-organised by the HKSAR Government and the HKTDC, will return on 11 and 12 September (Wednesday to Thursday)- This year marks the 75th anniversary of the founding of the People’s Republic of China. As part of celebration activities, the Summit is themed Building a Connected, Innovative and Green Belt and Road. It will gather over 80 key officials and business leaders from Belt and Road countries and regions to explore cooperation opportunities- A brand-new Green Chapter is added this year, aligning with the Summit theme to feature a variety of thematic sessions on green development and innovationHONG KONG, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - The Belt and Road Summit, co-organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and Hong Kong Trade Development Council (HKTDC), will take place on 11 and 12 September.Themed Building a Connected, Innovative and Green Belt and Road, the Summit will bring together over 80 key officials and business leaders from Belt and Road countries and regions, they will be engaged in discussions on leveraging Hong Kong's unique advantages to jointly explore Belt and Road markets and uncover cooperation opportunities.The Summit is a key platform for Hong Kong to promote the Belt and Road Initiative (BRI), closely aligned with the eight major steps announced by President Xi Jinping last year to support high-quality Belt and Road cooperation.The Opening Session will feature welcome remarks by Dr Peter K N Lam, Chairman of the HKTDC and opening remarks by John Lee, Chief Executive of the HKSAR. Nurlan Baibazarov, Deputy Prime Minister and Minister of National Economy of Kazakhstan, will give a keynote address.Algernon Yau, Secretary for Commerce and Economic Development of the HKSAR Government, said: "As our country's Belt and Road Initiative enters its next golden decade and the Third Plenary Session of the 20th Central Committee of the Communist Party of China has proposed improving the mechanism for high-quality Belt and Road cooperation, Hong Kong, with the solid support of the nation, will continue to capitalise on our unique advantages under one country, two systems to play a more active role by leveraging its strengths as a two-way global investment and trade hub, a hub for technological innovation and green development and an international cultural exchange centre. The Belt and Road Summit will deepen international business cooperation and consolidate Hong Kong's position as the preferred business platform for the Belt and Road Initiative, fully demonstrating Hong Kong's important functions and positioning in global finance, business cooperation, people-to-people exchanges, innovation and technology development, guiding enterprises to explore new business opportunities."Dr Peter K N Lam, Chairman of the HKTDC, said: "With the support of its global network of 50 offices, the HKTDC organises business delegations and outreach activities to Belt and Road countries and regions, promoting tripartite cooperation among Mainland Chinese and Hong Kong professional service providers, investors and Belt and Road project owners. The HKTDC also enables businesses to leverage their own strengths to help Hong Kong play the role of superconnector, linking China with the world. We will continue to seize the opportunities at this year's Belt and Road Summit to strengthen connections with ASEAN and Belt and Road countries. We will also set up new consultant offices in Dhaka of Bangladesh and Phnom Penh of Cambodia, further expanding our network along the Belt and Road."Seizing opportunities and deepening networks in emerging marketsThe ASEAN region is Hong Kong's second-largest trading partner and the world's fifth-largest economy. Last year, the bilateral trade value reached US$144.6 billion, accounting for nearly 13% of Hong Kong's total foreign trade. The development potential is enormous. Last month, John Lee, Chief Executive of the HKSAR, led a HKTDC delegation to Laos, Cambodia, and Vietnam, the three ASEAN countries. The visit was highly fruitful, with 55 cooperation MoUs signed, further expanding Hong Kong's network in the region. Seven of these MoUs were signed between the HKTDC and relevant chambers of commerce, governments, and organisations in the three countries, further strengthening Hong Kong's ties with the regions for future Belt and Road development.Following the recent fruitful ASEAN mission to Laos, Cambodia and Vietnam led by Mr Lee, the Summit will focus on ASEAN and emerging markets in the Policy Dialogue and Business Plenary on day one, with the participation of ministerial-level officials and business heavyweights. The second day's Business Plenary will cover the Middle East and adjacent regions.In May this year, a Mainland-Hong Kong business delegation led by the Department of Taiwan, Hong Kong and Macao Affairs of the Ministry of Commerce of the People's Republic of China and the Belt and Road Office of the Commerce and Economic Development Bureau of the HKSAR Government, co-organised by the HKTDC and the China International Contractors Association, visited Hungary and Kazakhstan to explore Belt and Road business opportunities. Senior officials and business leaders from these two countries will attend the Summit, to strengthen their ties with Hong Kong. Among the speakers, Nurlan Baibazarov, Deputy Prime Minister and Minister of National Economy of Kazakhstan, will deliver a keynote address, while Peter Fekete, Group CEO of 4iG, will participate in the second day's Business Plenary.Debut Green Chapter to showcase Hong Kong advantages in greentech and financeHong Kong's green finance development has been thriving, with the scale of green financing continuing to expand. In 2023, the total amount of green and sustainable debt issued in Hong Kong surpassed US$50 billion. Among this, the total amount of green and sustainable bonds arranged for issuance in Hong Kong ranked first in the Asian market, accounting for 37% of the total. This has attracted a wealth of green capital and financial products, giving Hong Kong a significant advantage in developing into an international green technology and finance centre. Additionally, the Clean Air Plan for Hong Kong 2035 covered six major areas – green transport, liveable environment, comprehensive emissions reduction, clean energy, scientific management, and regional collaboration – reflecting Hong Kong's determination to proactively address the challenges of climate change.In view of the growing global focus on green development and the tremendous strides Hong Kong continues to make in that regard, the Summit will debut the Green Chapter, featuring thematic sessions on green construction, innovation, finance and more, enabling participants to explore how to leverage the Hong Kong platform to make their business greener. The co-organising institutions include the China International Contractors Association, HSBC and HKMA Infrastructure Financing Facilitation Office.As the BRI continues to drive regional development, the Business Plenary on the first day of the Summit, themed Capturing Belt and Road Business Opportunities, will explore promising prospects from rapidly rising ASEAN, building on concrete achievements in the past years. The focus will be on Hong Kong’s role in facilitating multilateral business cooperation as well as the strategies global enterprises are adopting under the latest global landscape.The session will be moderated by K C Chan, Chairman of WeLab Bank. Speakers will include Clara Chan, CEO of Lee Kee Group; Dato’ Seri Cheah Cheng Hye, Co-Chairman and Co-Chief Investment Officer of Value Partners Group; Ding Yanzhang, Chairman of Power Construction Corporation of China; and Shinta Widjaja Kamdani, CEO of Sintesa Group.The Business Plenary on the second day will be themed Tapping the Markets of New Opportunities. The session will be moderated by Ronnie C. Chan, Honorary Chair of Hang Lung Properties Limited. H.E. Mohamed Abduljabbar Alkoheji, Second Vice Chairman of the Bahrain Chamber of Commerce & Industry; Bonnie Y Chan, CEO of Hong Kong Exchanges and Clearing Limited; Peter Fekete, Group CEO of 4iG; Eric Ip, Group Managing Director of Hutchison Port Holdings Limited; and Iqbal Khan, CEO of Fajr Capital, will explore arising opportunities in the Middle East and other markets along the Belt and Road.This year, the Summit will feature two new thematic sessions: Multi-dimensional Connectivity under the Belt and Road Initiative and People-to-People Exchanges through Business and Cultural Collaboration. In the former session, experts from industries such as shipping, ports, airports, logistics and trade will jointly discuss and delve into the progress and development potential of connectivity among transportation networks. The latter session, co-organised by Standard Chartered Bank (Hong Kong) Limited, aims to explore ways to enhance interconnectivity, mutual understanding and friendly relations among countries within the Belt and Road Initiative through economic and trade cooperation, as well as cultural exchanges.Other thematic breakout sessions include Mainland-Hong Kong Trade In Services Symposium co-organised with the Ministry of Commerce of the People's Republic of China as well as a session on legal cooperation co-organised with the Department of Justice of the HKSAR Government.As part of the Finance Chapter, co-organised with the Insurance Authority, Financial Services Development Council, Bank of China (Hong Kong), HKMA Infrastructure Financing Facilitation Office and Hong Kong Cyberport Management Company Limited, four sessions will analyse opportunities of leveraging Hong Kong's financial services. For the Youth Chapter, young business leaders will share how they seize opportunities under the BRI.Connecting global enterprises to facilitate business matchingThis year’s Summit will continue to offer investment and business matching. Business matching meetings will provide a full range of services in both physical - 11 and 12 September - and online - 16 and 17 September - forms.More than 280 investment projects are expected to me matched, with more than 800 one-to-one project matching meetings taking place. The deal-making service includes one-to-one business matching meetings and project investment sessions. Business matching meetings connect participants based on investment preferences and business expertise to facilitate collaboration opportunities.Project investment sessions enable project owners from different countries to present projects, giving investors and service intermediaries a comprehensive understanding of the investment opportunities in different sectors. Project investment sessions will focus on four main areas: energy, natural resources and public utilities; innovation and technology; urban development; and transport and logistics infrastructure.The Summit’s exhibition area will gather over 100 exhibitors across the Hong Kong Zone, Global Investment Zone and InnoTech Zone. The Hong Kong Zone will showcase the services and business advantages of Hong Kong service providers, while the Global Investment Zone will present large-scale investment projects, cultural and technological developments as well as global investment opportunities. The InnoTech Zone will feature cutting-edge innovations, AI, technologies and solutions from exhibitors around the globe.The 9th Belt and Road SummitDate11 to 12 September 2024VenueHall 5B-E, Hong Kong Convention and Exhibition CentreRemarksVideo and audio recordings at the Forum should be used only in the context of media reportingMedia RegistrationPlease contact awong@yuantung.com.hk or lsong@yuantung.com.hk for media registrationWebsitesBelt and Road Summit: https://www.beltandroadSummit.hk/conference/bnr/enProgramme:https://www.beltandroadsummit.com/conference/bnr/en/programmeSpeaker list: https://www.beltandroadsummit.com/conference/bnr/en/speakerMedia representatives who would like to conduct interviews with the speakers, please submit interview requests to awong@yuantung.com.hk or lsong@yuantung.com.hk by 6 September.Photo download: https://bit.ly/4g2t70HThe 9th Belt and Road Summit will be held on 11-12 September at the Hong Kong Convention and Exhibition Centre. The Summit will bring together over 80 government officials and business leaders from around the world to share their insights and expertiseMedia enquiriesYuan Tung Financial Relations:Anson WongTel: (852) 3428 3413Email: awong@yuantung.com.hkLouise SongTel: (852) 3428 5691Email: lsong@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Clayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgAgnes WatTel: (852) 2584 4554Email: agnes.ky.wat@hktdc.orgHKTDC Media Room: http://mediaroom.hktdc.comAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Transforming CX: Discover What’s Next at the World CX Summit and Awards ACN Newswire

Transforming CX: Discover What’s Next at the World CX Summit and Awards

August 28, 2024
BENGALURU, INDIA, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - As India rises as a leading hub for technological innovation, the 12th Global Edition of the World CX Summit and Awards, hosted by Trescon, will examine the evolving customer experience (CX) landscape. Scheduled for 19 September at JW Marriott Hotel, UB city, Bengaluru, this summit will gather over 200+ top-notch CX Leaders & Marketing enthusiasts will be sharing actionable insights and discuss successful use cases that are shaping the future of CX.In light of the recent technological disruptions, including a significant outage that impacted millions of users, and the challenges faced across different industrial verticals, the importance of resilience, effective crisis management, and clear customer communication has become increasingly evident. The summit will address these issues by offering valuable insights into managing crisis effectively and enhancing customer trust through strategic innovations and best practices.Attendees will participate in high-impact sessions, including keynotes, panel discussions and conference, all aimed at advancing the CX landscape through a blend of emerging customer experience solutions and best practices designed to address current challenges and foster future progress.#WorldCXSummit features a dynamic agenda covering essential topics, from implementing strategic generative AI to integrating data analysis, enhancing human-like interactions through Conversational AI, interpreting customer feedback, and more.Among the notable speakers at the event are:Gurpreet Jolly, Head - Customer Experience and Service Delivery, AJIO (Reliance Retail Ltd.)Shruthi Bopaiah, Executive Vice President & Head - Customer Obsession, Axis BankSatish Patil, Director CX, Samsung ElectronicsVishal Bhatia, Chief Digital Officer, Canara BankDeepak Maloo, AVP, Food Strategy, Customer Experience & Restaurant Experience, SwiggyAvijit Mohapatra, Head of Flipkart Customer Experience Transformation, FlipkartVindhya Shanmugam, Senior Director - CX Growth, MyntraPriya Chakravarthy, Vice President - Experience, BluSmartNikhil Godbole, Group Head of Customer Service, JupiterRahul Poddar, Country Head Martech, Narayana HealthRahul Garg, Head – CX, Games 24x7Deepak Nayak, Sr Vice President – Customer Experience, Gameskraft“Customer experience is no longer just a touchpoint but a strategic pillar that drives competitive advantage. The World CX Summit offers a platform where thought leaders and innovators will gather to discuss and demonstrate how superior customer service can be achieved and sustained,” stated Mithun Shetty, Vice Chairman, Trescon. He further added, “By examining real-world use cases and emerging technologies, we will collectively advance our understanding of how to create memorable and impactful customer experiences that foster long-term loyalty,”Sharing the importance of the summit, Aalok R Pradhan, Head - Customer Delight, CX, COE - Digital & AI at TVS said, “World CX Summit in my opinion is a platform which can be leveraged by major CX professionals. This summit aims at new edge CX practices as well as the best-in-class products for CX professional to assess and up their game.”The event will also showcase the much awaited World CX Awards, spotlighting and celebrating the pioneering achievements of the nation’s foremost CX professionals. This segment will honour outstanding leadership and exceptional contributions across various sectors, marking a prominent celebration for the ‘Top 100 CX Leaders Awards’ and ‘Top Marketing Leaders’. Register to attend and to submit your nominations to celebrate with those setting new benchmarks in customer experience and marketing innovation. Secure your place and contribute to the advancement of CX today!About TresconTrescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership. With a deep understanding of the realities and requirements of the growth markets we operate in – we strive to deliver innovative and high-quality business platforms for our clients. For more information about Trescon, visit: www.tresconglobal.comFor media inquiries and further information, please contact:Vishal S STeam Leader – Media and CommunicationsTresconEmail: vishals@tresconglobal.comMobile: +91-7358680951 Copyright 2024 ACN Newswire via SeaPRwire.com.
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Nissin Foods Announces 2024 Interim Results ACN Newswire

Nissin Foods Announces 2024 Interim Results

August 28, 2024
HONG KONG, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - Nissin Foods Company Limited (“Nissin Foods” or the “Company”, together with its subsidiaries, the “Group”; Stock code: 1475) has announced its interim results today for the year ended 30 June 2024.The Group recorded revenue at HK$1,822.5 million. Gross profit was HK$637.5 million, with gross profit margin increased by 0.9 percentage points to 35.0% in 2024 from 34.1% in 2023. The increase in gross profit margin was mainly attributable to the easing of key raw material costs.Profit attributable to owners of the Company recorded HK$169.5 million, representing the net profit margin from 8.9% to 9.3%. The Group’s basic earnings per share for the reporting period recorded 16.24 HK cents. Adjusted EBITDA increased by 1.5% to HK$300.3 million compared with HK$295.9 million for the corresponding period of 2023, representing an increase of adjusted EBITDA margin to 16.5% from 15.3%. The above increase in adjusted EBITDA indicated an improvement in underlying profitability and operating businesses of the Group.Review & Prospects of Instant Noodles and Non-Noodles BusinessesDuring the reporting period, revenue from the Hong Kong and other Asia operations for the year was HK$705.9 million. The segment results was at HK$36.9 million due to an increase in depreciation expenses for the new automated and labour-saving smart production lines and a decrease in product sales of the non-noodle business. For the Mainland China operations, revenue of HK$1,116.6 million was recorded for the reporting period, and its segment results increased by 8.0% to HK$173.5 million, mainly attributable to the easing of raw material costs and the implementation of cost-efficient marketing activities.The Group adhered to its premiumisation strategy during the reporting period and launched new products to expand its portfolio to drive the growth of its instant noodles business. The Group continued to promote its signature brands “Cup Noodles” and “Demae Iccho” through the provision of exclusive products to certain key accounts and collaboration with Japanese anime such as “BLUE LOCK”. The Group launched various new flavours under the “Nissin Raoh”, “Nissin U.F.O”, “Fuku” and “Doll” brands to further enrich the instant noodle portfolio, and collaborated with a Japanese anime named “Cyberpunk” for a crossover involving Cup Noodles and Nissin U.F.O in Mainland China. In addition, Nissin Vietnam achieved a good performance during the reporting period.The Group has continued to diversify its product portfolio into non-noodle business to enhance the Company’s overall competitiveness. During the reporting period, the Group extended its focus on its premium frozen food products, offering a wider product range of premium products and further expanded its exposure via various sales channels to drive sales volume. The distribution business in Hong Kong continued to record growth as a result of the revival of inbound tourism during the first half of 2024.The Group also continued to expand the sales channels of the “KAGOME” business in different regions. Meanwhile, “Nissin Granola” continued to gain traction with customer’s support due to their advocacy of health and wellness. Also, the Group has enriched the product range by launching new flavours in the low-fat “Nissin Yogurt” series. “Nissin Koikeya Potato Chips” achieved an outstanding performance as the distribution channels continued to expand. “Nissin Crisp Choco”, the baked corn flakes chocolate snack, continued to receive a positive response from the market. The Company’s green juices series successfully attracted the attention of health-conscious customers with vending machines availability further increasing product exposure.Mr. Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, “The global economic landscape improved in the first half of 2024, but persistent challenges remained and reshaped global supply chains and consumer consumption patterns in the regions that we were operating.”“We believe that premiumisation and diversification strategies are the keys to achieving growth amid a turbulent and volatile market. Our premiumisation strategy is driving momentum in the Vietnam market. Meanwhile in mainland China, more flexibility is needed in arranging promotion campaigns for our premium products in order to reach out to more target consumers, given the uncertain economic situation. To stay agile in different markets, we strived to enhance and refine our product quality, food safety and innovation capabilities for delivering greater taste experiences to consumers.”“Looking ahead, we remain cautiously optimistic about the long-term development of our businesses and continue to control costs and improve operational efficiency. We will pursue further diversification on our non-noodles business, enriching our product lines to broaden the income base, while entering new markets such as Vietnam, Taiwan and Korea. We will continue to build on our solid foundation to deliver continuous revenue and earnings growth for our customers and shareholders.”- End -About Nissin Foods Company LimitedNissin Foods Company Limited ("Nissin Foods”, together with its subsidiaries, the “Group”; Stock code: 1475) is a renowned food company in Hong Kong and Mainland China, with a diversified portfolio of well-known and highly popular brands, primarily focusing on the premium instant noodle segment. The Group officially established its presence in Hong Kong in 1984 and is the largest instant noodle company in Hong Kong. The Group primarily manufactures and sells instant noodles, high-quality frozen food products, including frozen dim sum and frozen noodles, and also sells and distributes other food and beverage products, including retort pouches, snacks, mineral water, sauce and vegetable products under its two core corporate brands, namely “NISSIN” and “DOLL” together with a diversified portfolio of iconic household premium brands. The Group’s five flagship product brands, namely “Cup Noodles”, “Demae Iccho”, “Doll Instant Noodle”, “Doll Dim Sum” and “Fuku” are also among the most popular choices in their respective food product categories in Hong Kong. In the Mainland China market, the Group has introduced technology innovation through the “ECO Cup” concept and primarily focuses its sales efforts in first-and second-tier cities. In addition, Nissin Foods operates business in other Asian regions including Vietnam, Taiwan and Korea markets.Nissin Foods is a constituent of five Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Composite SmallCap Index, Hang Seng Composite Industry Index - Consumer Staples, Hang Seng SCHK Consumption Index and Hang Seng SCHK Consumer Staples Index. Nissin Foods is eligible for trading under Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect. For more information, please visit www.nissingroup.com.hk. Copyright 2024 ACN Newswire via SeaPRwire.com.
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NFL Melonggarkan Peraturan Kepemilikan yang Ketat untuk Membolehkan Pelaburan Ekuiti Persendirian Berita

NFL Melonggarkan Peraturan Kepemilikan yang Ketat untuk Membolehkan Pelaburan Ekuiti Persendirian

August 28, 2024
(SeaPRwire) - pemilik mengundi untuk membenarkan firma ekuiti persendirian untuk membeli saham dalam francais mereka, satu langkah yang dijangka akan menarik berbilion-bilion dolar modal baru sambil meningkatkan penilaian pasukan yang telah meningkat dengan pesat. Semasa mesyuarat liga khas sehari di Minneapolis, kumpulan itu melonggarkan beberapa peraturan kepemilikan paling ketat dalam sukan profesional untuk membenarkan ekuiti persendirian memiliki sehingga 10% daripada sebuah pasukan, menurut NFL. Transaksi dijangka berlaku dengan cepat, memandangkan pemilik telah meluluskan firma untuk meneruskan pelaburan. Mereka adalah Arctos Partners, Ares Management dan Sixth Street Partners dan sebuah konsortium yang diketuai oleh bekas bintang NFL Curtis Martin dan terdiri daripada Dynasty Equity, Blackstone, Carlyle dan CVC Capital Partners. Terdapat juga pasukan yang sedang mencari pelabur, termasuk Los Angeles Chargers dan Buffalo Bills, Bloomberg . Pemilik Philadelphia Eagles juga sedang mempertimbangkan untuk menjual sebahagian daripada francaisnya. “Ini pasti akan mengubah permainan,” kata Mark Patricof, pengasas Patricof Co., platform pelaburan dan penasihat atlet. “Individu mana yang mahu mengeluarkan cek $700 juta untuk perniagaan di mana anda tidak mempunyai kawalan dan tiada jalan untuk memiliki? Kepemilikan institusi tidak dapat dielakkan.” Undian itu berpihak kepada 31-1 untuk membenarkan ekuiti persendirian, dengan satu penolakan datang dari Mike Brown, anak kepada pengasas bersama Cincinnati Bengals, Paul Brown, menurut dua sumber yang mengetahui tentang perkara itu. Langkah untuk membenarkan ekuiti persendirian dalam kepemilikan berpotensi untuk mengubah cara pasukan diuruskan. Rakan kongsi kepemilikan terhad secara tradisinya adalah rakan, bekas pemain dan selebriti tempatan. Pelabur ekuiti persendirian akan lebih fokus untuk mendapatkan pulangan ke atas pelaburan mereka dengan mendorong hasil kewangan yang lebih baik. Dana perlu memegang sebarang pelaburan selama enam tahun, dan sekurang-kurangnya 3% saham dalam satu pasukan. Dan untuk mendapatkan sebahagian, dana ekuiti persendirian perlu bersaing untuk mendapatkan saham dalam liga di mana penilaian pasukan berkisar antara $5 bilion hingga $10 bilion, menurut Sportico. Ini bermakna 10% saham dalam pasukan NFL boleh dijual dalam jangka masa dari kira-kira $500 juta hingga $1 bilion. Tidak seperti pemilik yang mengawal, yang hanya boleh melabur dalam satu pasukan pada satu masa, pelabur ekuiti persendirian akan dapat membeli saham dalam sehingga enam pasukan pada satu masa. NBA mempunyai peraturan yang sama. Salah satu matlamat penting ialah "memberi pemilik pilihan yang berbeza untuk sumber modal, tetapi pada masa yang sama mengekalkan cara kita beroperasi," kata pemilik Kansas City Chiefs, Clark Hunt. Liga itu masih akan menjadi "32 pemilik di sekeliling meja, membuat keputusan dan berunding. Itu tidak akan berubah dengan langkah ini hari ini.” Bloomberg pada bulan Mei pemilik sedang mempertimbangkan untuk membenarkan pelabur institusi untuk membeli 10% daripada kelab, manakala sesetengah pemilik ingin menetapkan had pada 5%. NFL telah mengupah PJT Partners, sebuah bank pelaburan, untuk menilai minat daripada dana ekuiti persendirian. Liga sukan lain, termasuk NBA dan MLB, telah pun memperluas peraturan kepemilikan kepada ekuiti persendirian dan pelabur lain. Pemilik utama NFL mesti dapat membayar sekurang-kurangnya 30% daripada sebuah pasukan dan kumpulan kepemilikan tidak boleh melebihi 25 orang. Susunan ini telah menjadikan penjualan pasukan lebih sukar daripada dalam sukan lain, memandangkan jumlah modal yang diperlukan di hadapan. Itu terbukti tahun lepas apabila kumpulan pelabur yang besar, yang diketuai oleh jutawan ekuiti persendirian Josh Harris, menyelesaikan apa yang digambarkan sebagai perjanjian yang rumit untuk membeli Washington Commanders dengan $6 bilion. Proses penjualan juga tidak menarik banyak peminat, menimbulkan kebimbangan bahawa peraturan konservatif liga terlalu mengehadkan dan akan menekan penjualan masa depan. Berikutan perjanjian Commanders, Pesuruhjaya NFL Roger Goodell menubuhkan sebuah jawatankuasa pemilik untuk menimbang perubahan kepada peraturan kepemilikan. NFL juga sedang mempertimbangkan untuk mengeluarkan dasar di mana hanya pemilik yang mengawal dan ahli keluarga mereka yang merupakan rakan kongsi terhad boleh menjual saham, menurut sumber yang mengetahui tentang keadaan itu yang meminta tidak dinamakan membincangkan perbincangan peribadi. Contohnya, Atlanta Falcons telah menambah pada kepemilikan kelab pada bulan Mei, tetapi tiada seorang pun daripada mereka boleh menjual kepada pelabur institusi kerana mereka bukan pemilik yang mengawal atau bukan ahli keluarga pemilik utama Arthur Blank. Hunt, pemilik Chiefs, telah menyokong ekuiti persendirian memasuki liga kerana ia boleh menjadi sumber modal yang berguna, termasuk untuk membiayai pengubahsuaian atau pembinaan stadium, pelaburan yang semakin sukar untuk diperoleh melalui subsidi kerajaan tempatan. Penilaian melonjak untuk pasukan NFL juga telah mewujudkan potensi untuk bil cukai gergasi apabila kepemilikan diserahkan kepada generasi seterusnya. Seorang pemilik boleh mengimbanginya dengan menjual saham kepada ekuiti persendirian.Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
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IBA of San Marino Partners with crwdunit for Advanced Quantum Ledger and Commodity Solutions ACN Newswire

IBA of San Marino Partners with crwdunit for Advanced Quantum Ledger and Commodity Solutions

August 28, 2024
SAN MARINO, ITALY , Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - IBA of San Marino, (https://www.iba.sm) an innovation leader in custodial agency and proof of transit technologies for commodities and a subsidiary of Spectral Capital Corporation (OTCQB:FCCN), today announced a strategic licensing agreement with crwdunit, Inc., a wholly owned subsidiary of CrowdPoint Technologies, Inc. This partnership aims to transform IBA’s approach by creating a quantum bridge from Distributed Ledger Technology (DLT) to traditional commodity custodianship using crwdunit’s cutting-edge quantization technology on a decentralized cloud infrastructure.Revolutionizing Asset Management with Quantum TechnologyIBA will utilize crwdunit’s precise asset valuation technology to enhance its operations, offering unprecedented accuracy and scalability in commodity asset management through the use of Quantum Value Units (QVUs). This integration ensures precise and reliable asset management and valuation during transit.Under this agreement, crwdunit technology will help IBA measure the quantization process when data is placed on a decentralized cloud infrastructure using CrowdPoint’s Distributed and Decentralized Quantum Ledger Database (Vogon Cloud). Vogon Cloud, formerly Node Nexus Network (NNN) which was acquired by Spectral Capital last week, combines quantum computing with a high-performance Zaph virtual machine, offering real-time analytics, secure data storage, and superior scalability.Vladimir Lakin, GM of IBA of San Marino, stated, “Our collaboration with crwdunit marks a significant advancement in our use of decentralized technologies and commodity custodianship services. The real-time quantization capabilities will redefine our asset valuation processes, enhancing transparency and security of traditional DLTs.”Nadab U. Akhtar, Co-Founder, President, and COO of CrowdPoint Technologies, added, “This partnership highlights the impact and versatility of our ecosystem in transforming traditional asset management and DLT with cutting-edge quantum technologies.”About IBA of San MarinoIBA of San Marino, a subsidiary of Spectral Capital Corporation (OTCQB:FCCN), specializes in creating custodianship, immutability, transparency, and a quantum bridge to DLT. Focused on leveraging innovation to deliver high-quality custodianship, IBA helps commodity owners worldwide quantize their contribution to a multi-billion-dollar daily commodity-in-transit market, accelerating its annual growth rate and contributing to positive economic impact in developing nations by creating a new kind of financial alpha.About crwdunit, Inc.A wholly owned subsidiary of CrowdPoint Technologies, Inc., crwdunit develops advanced data architecture and quantization solutions for decentralized systems and asset management, driving growth and operational excellence.About Crowdpoint Technologies inc.CrowdPoint is a pioneer in quantum cloud technology, developing Vogon™, a Distributed and Decentralized Quantum Ledger Database (D2/QLDB™). CrowdPoint’s solutions enhance real-time intelligence, data optimization, and edge-computing, benefiting sectors such as energy management and e-commerce.About Spectral Capital CorporationAbout Spectral Capital Corporation: Founded in 2000 and based in Seattle, Washington, Spectral Capital (OTCQB:FCCN) is a technology startup accelerator and quantum incubator. We specialize in Quantum as a Service (QaaS), leveraging our proprietary Distributed Quantum Ledger Database technology (DQ-LDB) to offer secure, advanced storage and computing solutions.Forward Looking StatementsThis press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and FCCN's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although FCCN believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of FCCN. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in FCCN's business; competitive factors in the market(s) in which FCCN operates; risks associated with operations outside the United States; and other factors listed from time to time in FCCN's filings with the Securities and Exchange Commission. FCCN expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in FCCN's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.SOURCE: Spectral Capital CorporationFor Media Inquiries:Andrew BardRubenstein Public Relationsabard@rubensteinpr.com Copyright 2024 ACN Newswire via SeaPRwire.com.
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Solar District Cooling Group Berhad Aims to Raise RM45.09 Million from ACE Market IPO ACN Newswire

Solar District Cooling Group Berhad Aims to Raise RM45.09 Million from ACE Market IPO

August 28, 2024
KUALA LUMPUR, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - Solar District Cooling Group Berhad ("SDCG") is pleased to announce the launch of its prospectus for its upcoming initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities"). The IPO represents a significant milestone in the company’s growth trajectory, allowing SDCG to expand its operations and strengthen its market position in building management system (“BMS”) and solar thermal systems and energy saving services.Mr. Chris Lai Ther Wei, Head of Capital Markets, Mercury Securities Sdn. Bhd.Mr. Chew Sing Guan, Managing Director, Mercury Securities Sdn. Bhd.Mr. Edison Kong, Managing Director, Solar District Cooling Group BerhadMdm. Eileen Liuk, Executive Director, Solar District Cooling Group Berhad[L-R]SDCG and its subsidiaries (“Group”) are principally involved in the provision and maintenance of BMS, solar thermal systems and energy saving services. The Group has a proven track record of enhancing energy efficiency across healthcare, hospitality and industrial sectors. SDCG Group is involved in providing energy performance services to the concession companies that are providing hospital support services for public hospitals. The concessionaires engaged SDCG Group as a subcontractor to carry out energy efficiency work related to the installation of hybrid solar thermal hot water systems, and for some contracts, retrofitting of fluorescent lighting of LED lighting.Mr. Wong Kei Fai, Independent Non-Executive Director, Solar District Cooling Group BerhadMs. Wong Poh May, Independent Non-Executive Director, Solar District Cooling Group BerhadMr. Chris Lai Ther Wei, Head of Capital Markets, Mercury Securities Sdn. Bhd.Mr. Chew Sing Guan, Managing Director, Mercury Securities Sdn. Bhd.Mr. Edison Kong, Managing Director, Solar District Cooling Group BerhadMdm. Eileen Liuk, Executive Director, Solar District Cooling Group BerhadIr. Dr. Khairul Azmy Bin Kamaluddin, Independent Non-Executive Chairman, Solar District Cooling Group BerhadYM Raja Nor Azlina Binti Raja Azhar, Independent Non-Executive Director, Solar District Cooling Group BerhadFollowing the IPO exercise, SDCG is expected to raise RM45.09 million via the issuance of 118.67 million shares at the issue price of RM0.38 per share. The proceeds will be allocated in the following manner:RM1.90 million for the expansion of headquarters in Kajang, Selangor; RM5.00 million for tender bonds and/or performance bonds for future projects;RM18.70 million for the purchase of materials for BMS segment, and solar thermal systems and energy-saving services segment;RM12.67 million for general working capital; RM2.52 million for capital expenditure, including new equipment for BMS, installation and maintenance of solar thermal hot water systems, and purchasing ICT software and services; andRM4.30 million for estimated listing expenses.Applications for the IPO will open at 10:00 a.m. today, following the prospectus launch, and will close on 6 September 2024. SDCG is scheduled to list on the ACE Market on 19 September 2024. At the IPO price of RM0.38 per share, the market capitalisation of the company upon listing will be RM161.05 million.Managing Director of SDCG, Mr. Edison Kong commented, "This IPO represents a significant milestone in Solar District Cooling Group Berhad’s journey. Since 2008, we have been driven by a commitment to innovation, efficiency, and sustainability. Our focus on delivering Building Management Systems and solar thermal technologies has helped us enhance energy efficiency and promote environmental stewardship. With this listing, we look forward to embracing new opportunities and setting new standards in our business. I am deeply grateful to our team, clients, and partners for their continued trust and support.”Head of Capital Markets of Mercury Securities Sdn Bhd, Mr. Chris Lai Ther Wei stated, “We would like to congratulate the Board and the entire team of Solar District Cooling Group Berhad on the successful launch of your IPO prospectus. Well done for reaching another milestone in your corporate journey.”Mercury Securities Sdn. Bhd. is the Principal Adviser, Sponsor, Sole Underwriter, and Sole Placement Agent for SDCG. Copyright 2024 ACN Newswire via SeaPRwire.com.
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HKIoD Recommends Board Readiness Training for First-time Directors Before Appointment ACN Newswire

HKIoD Recommends Board Readiness Training for First-time Directors Before Appointment

August 28, 2024
HONG KONG, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Institute of Directors (“HKIoD”) welcomes(1) The Hong Kong Exchanges and Clearing Limited ("the Exchange")'s proposal to mandate directorship training for first-time directors and require all directors to undergo continuing professional development (“CPD”) training. To further uphold corporate governance standards and director professionalism, HKIoD thinks the Exchange can go further.Dr Christopher To, Chairman of HKIoD, said, “HKIoD welcomes the Exchange’s latest regular exercise to review and update the Corporate Governance Code and related Listing Rules. Although we do not agree with every element of the Exchange’s proposals, we certainly support the notion of making continuing professional development mandatory for all directors.”According to HKIoD, to make true the purpose and effect of continuing training, a board should have a suitable professional development policy for its directors. Continuing training is important for directors to keep up, but it must be distinguished from initial training. For those who do not have directorship training nor experience whatsoever, undergoing initial training on effective directorship and corporate governance is prudent. First-time directorship training should be a prerequisite prior to the director coming on board, however. “The Exchange should go further by encouraging individuals to have become ready for a board seat prior to appointment, rather than to start acquainting themselves with the demands of directorship post-appointment.” Dr To commented.Dr Carlye Tsui, CEO of HKIoD, supplemented, “We believe all company directors, when they first assume their posts, should have a firm grounding of the skills, knowledge and qualities required to meet the corporate governance demands of today. HKIoD long advocates the importance of corporate governance training, and we want to emphasise that proper initial training for first-time directors is one key aspect of the total quality of corporate governance training.”The Institute believes that attaining HKIoD Diploma level credential (or higher) should qualify as initial training now proposed for First-time Directors by the Exchange. The Institute also recommends transition course(s) for credentialed/experienced directors from other markets to help them become familiar with the Hong Kong market. HKIoD will gladly work with the Exchange to design and offer such programmes, and an accreditation regime for directorship training in Hong Kong.On proposals around time commitment and tenure of Independent Non-Executive Director (“INED”), Mr Henry Lai, Past Chairman of HKIoD and current Chairman of the Institute’s Corporate Governance Policies Committee, said, “The emphasis should be on whether the INED and the issuers involved have made an honest assessment as to the ability to devote sufficient time, not a broad-brush requirement on the director to limit the number of INED positions one may hold. Particularly, we do not agree with the Exchange’s proposal which only seeks to limit INED positions one may hold among Hong Kong issuers.” As to the question of how long is too long for an INED, Mr Lai added, “the answer ought to be ‘it depends’. It is the independence of mind that matters, not tenure.”The Exchange would also want issuers without an independent board chair to designate a Lead INED. Due to the many constraints and practical realities now exist in the Hong Kong market, HKIoD believes there are alternatives that can be more effective. “We do not tend to have majority INED in our market. The Lead INED will be chosen from a small group anyway. We should rather empower and encourage all INEDs to collectively perform, to bring the results that are sought under the Lead INED concept. Meetings with shareholders and stakeholders can be set up for all INEDs to take part. There can be an INED report section in the annual report,” Mr Lai commented. “Maybe we should encourage more issuers to have an independent board chair. An independent board chair working together with all the other INEDs can be more helpful,” Mr Lai continued.HKIoD has early on advocated the benefit of moving towards a majority INED, which can make INEDs collectively better able to perform their director roles. With INEDs comprising the majority, their active involvement in board matters becomes more necessary and their time commitment more valued. It should also allow much more room for meaningful rotation and refreshment through careful succession planning.Apart from the above, the Institute expressed support for many changes proposed by the Exchange including mandating board performance review, maintaining a board skills matrix, mandating the annual reviews of the effectiveness of the issuer’s risk management and internal control systems, disclosure of the issuer’s policy on payment of dividends and the board’s dividend decisions, and disclosures in respect of issuers’ modified auditors’ opinion. (1)The full response: HKIoD Response to HKEX ConsultationAbout The Hong Kong Institute of Directors (“HKIoD”)The Hong Kong Institute of Directors (“HKIoD”) is Hong Kong’s premier body representing directors working together to advance corporate sustainability in creating long-term value for companies, their owners, stakeholders, humankind and Planet Earth through advocacy and standards-setting in corporate governance and director professionalism. Led by Founder Chairman Dr The Hon Moses Cheng, HKIoD was founded in 1997. Throughout the years, HKIoD is honoured to have the Chief Executive of HKSAR as the Institute’s Patron. Membership of HKIoD comprises of directors from diverse industries and corporate types and includes Executive Directors, Non-Executive Directors and Independent Non-Executive Directors. With multi-culturalism and international perspectives, HKIoD organises activities that cover director training, seminars and forums, collective director voice, guideline establishment, public education, Award Series for Director Excellence, assessment of Corporate Governance Scorecard for listed companies etc. As a member body of the Global Network of Director Institutes (“GNDI”), HKIoD is committed to global collaboration in promoting good corporate governance and director professionalism. HKIoD is the appointed Host of the Hong Kong Chapter of Climate Governance Initiative, a global network that collaborates with the World Economic Forum in actively promoting directors’ address of the risks and opportunities of climate change.For details please visit: http://www.hkiod.com | http://www.gndi.org | https://climate-governance.org/Media Enquiries: Strategic Public Relations GroupBrenda Chan+852 2114 4396 / brenda.chan@sprg.com.hkThe Hong Kong Institute of DirectorsWing Wong+852 2889 1414 / wing.wong@hkiod.com– End – Copyright 2024 ACN Newswire via SeaPRwire.com.
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TRST01 Signs Landmark Memorandum of Understanding Agreement with Rubber Board of India for Centralised Compliance Solution for EUDR ACN Newswire

TRST01 Signs Landmark Memorandum of Understanding Agreement with Rubber Board of India for Centralised Compliance Solution for EUDR

August 28, 2024
SINGAPORE, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - TRST01, a sustainable tech company that helps businesses meet global sustainability rules while making their supply chains more transparent, trustworthy, and ethical, announces a groundbreaking Memorandum of Understanding (MoU) agreement with the Rubber Board of India to develop and implement a centralised compliance solution for the European Union Deforestation Regulation (EUDR). Through this strategic partnership, TRST01 becomes the first private entity in the world to enter into an MoU with a public entity for a one-stop compliance solution, setting a new standard in public-private partnerships.The MoU underscores the trust and confidence that the Rubber Board of India has in TRST01 as a key player in the sustainable technology space. While other entites have entered into contract-based agreements, this MoU represents a deeper, more integrated collaboration that is poised to revolutionise compliance processes for the Indian rubber industry.TRST01 and the Rubber Board of India will collaborate on geo-mapping rubber-growing land plots to ensure deforestation-free sourcing and responsible practices. This partnership will also develop a Centralized Database to enhance traceability, risk assessment, and compliance with European Union Deforestation Regulations (EUDR) in the rubber industry, with TRST01 as the technology partner. Ultimately, the MoU will help strengthen India's regulatory framework and position India as a global leader in sustainable rubber production.Speaking on the strategic agreement with TRST01, Mr. M. Vasanthagesan IRS, CEO and Executive Director of The Rubber Board, said, "This collaboration with TRST01 is a testament to our dedication to supporting the rubber sector. The initiatives outlined in this MoU will facilitate the exporters to comply with EUDR and make Indian rubber growers globally competitive and get wider opportunities for their produce.""This joint venture is a testament to our commitment to driving sustainability and compliance in the rubber industry," remarked Prabir Mishra, CEO and founder of TRST01. "It is a great honour to partner with the Rubber Board of India as this initiative can serve as a model for other industries and regions.For TRST01, the MoU will demonstrate how public-private partnerships can drive innovation in sustainability. The collaboration represents a shared vision for a sustainable future. It will significantly benefit Indian rubber producers, highlighting how TRST01 can help producers achieve global compliance standards in sustainability.About TRST01TRST01 provides cutting-edge technology solutions that ensure supply chain traceability, accurate ESG reporting, digital measurement of sustainability impacts, and the secure management of carbon credits. TRST01 stands out for its simplicity, adaptability, and focus on creating tangible impacts on sustainability, making it accessible and effective for many users, from smallholder farmers to multinational corporations. It is also at the forefront of the regenerative finance movement, creating financial tools that promote practices that restore rather than deplete the earth's resources.TRST01's approach fundamentally transforms how businesses view sustainability by creating a direct and tangible impact on People, Planet, and Profitability. Our innovations are not just about compliance; they make a sustainable ecosystem where every participant benefits. Visit trst01.com to learn more.About Rubber Board IndiaThe Rubber Board of India, headquartered in Kottayam, Kerala, is a statutory body under the Ministry of Commerce and Industry, Government of India. Established in 1947, it plays a pivotal role in the development of the rubber industry in India. The Board's responsibilities encompass research, development, and extension activities related to natural rubber cultivation, production, and processing. It also regulates the marketing of rubber and ensures fair prices for both growers and consumers. Through its various initiatives, the Rubber Board strives to enhance the productivity and sustainability of the rubber industry in India, thereby contributing to the economic growth of the country.Media Contact:Sheree TanSenior AssociatePINPOINT PR Pte. Ltd.sheree@pinpointpr.sg | pinpointpr.sgSG: +65 8313 9472Hakim IshakAssociatePINPOINT PR Pte. Ltd.hakim@pinpointpr.global | pinpointpr.sgSG: +65 8949 3040 Copyright 2024 ACN Newswire via SeaPRwire.com.
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DIY Fame: Menavigasi Industri Hiburan Tanpa Publisis Perniagaan

DIY Fame: Menavigasi Industri Hiburan Tanpa Publisis

August 28, 2024
(SeaPRwire) - Membuka Rahsia Promosi Sendiri dan Kejayaan Industri - Pelan Biru Anda untuk Kejayaan Bebas dalam Dunia HiburanAtlanta, Georgia 27 Ogos 2024 - Ebonie Caldwell Meluncurkan E-Book yang Menakjubkan: DIY Fame: Navigating the Entertainment Industry Without a Publicist Membuka Rahsia Promosi Sendiri dan Kejayaan Industri - Pelan Biru Anda untuk Kejayaan Bebas dalam Dunia Hiburan DIY Fame: Navigating the Entertainment Industry Without a Publicist, e-book yang sangat dinanti-nantikan oleh Ebonie Caldwell, pengasas Publicity Brand PR, kini boleh didapati untuk pembelian. Panduan yang mesti dibaca ini memberi kuasa kepada penghibur yang bercita-cita tinggi untuk mencapai kejayaan dengan syarat mereka sendiri, menawarkan peta jalan langkah demi langkah untuk pemasaran, penjenamaan, dan promosi diri tanpa bergantung pada jurucakap tradisional. Dalam DIY Fame, Caldwell menggunakan pengalaman luasnya sebagai jurucakap dan pakar industri untuk melengkapkan artis bebas dengan alat dan pengetahuan penting yang diperlukan untuk mengatasi persaingan dan membina kerjaya yang stabil dari segi kewangan. Daripada pemuzik kepada pembuat filem kepada pencipta kandungan, e-book ini memberikan pandangan yang boleh diambil tindakan tentang bagaimana untuk mengubah kreativiti kepada perniagaan yang berkembang maju. "Kejayaan dalam industri hiburan memerlukan lebih daripada bakat--ia memerlukan perancangan strategik, ketabahan, dan pemahaman yang mendalam tentang bagaimana untuk memasarkan diri anda dengan berkesan," kata Caldwell. "Dengan DIY Fame, saya ingin mewujudkan sumber yang akan memberi kuasa kepada artis, pemuzik, dan pembuat filem untuk mengambil alih kerjaya mereka dan membina kestabilan kewangan yang mereka perlukan untuk mengekalkan semangat mereka." Pada teras DIY Fame adalah unsur utama penjenamaan, publisiti, dan monetisasi--komponen penting bagi mana-mana kerjaya hiburan yang mampan. Buku ini menawarkan panduan mendalam tentang membentuk imej awam anda, membuat strategi pemasaran yang berkesan, dan membina peminat setia yang menyokong anda secara emosi dan kewangan. Caldwell juga menekankan pentingnya memahami kontrak, menyediakan pembaca dengan pengetahuan undang-undang yang diperlukan untuk melindungi harta intelek mereka dan mendapatkan pampasan yang adil. Dengan nasihat praktikal, contoh dunia sebenar, dan strategi terbukti, DIY Fame memberi kuasa kepada penghibur untuk menavigasi kerumitan industri sambil mengelakkan perangkap biasa. Sama ada anda baru bermula atau ingin meningkatkan kerjaya anda, panduan ini akan membantu anda membina warisan yang kreatif dan memuaskan serta mampan dari segi kewangan. Pesan salinan DIY Fame: Navigating the Entertainment Industry Without a Publicist anda hari ini di . Tentang Pengarang Ebonie Caldwell Ebonie Caldwell ialah pengasas Publicity Brand PR dan jurucakap berpengalaman dengan pengalaman bertahun-tahun membantu artis bebas mencapai kejayaan dalam industri hiburan. Kepakarannya merangkumi penjenamaan, pemasaran, publisiti, dan strategi undang-undang, menjadikannya sumber yang dipercayai untuk kreatif yang ingin membina kerjaya yang mampan. Untuk maklumat lanjut, temu bual, atau salinan semakan, sila hubungi: Ebonie CaldwellPublicity Brand PREmel: Inquiry@PublicityBrandPR.comTelefon:(888) 694-3382Laman web: Hubungi MediaPublicity Brand PR - Ann Caldwell8886943382205 N. Michigan Ave, Suite 810 Sumber :Publicity Brand PR Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
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HIC Global Solutions Memperkenalkan MultiSync Made Easy: Satu Terobosan dalam Integrasi Pelbagai Platform Tanpa Segi Perniagaan

HIC Global Solutions Memperkenalkan MultiSync Made Easy: Satu Terobosan dalam Integrasi Pelbagai Platform Tanpa Segi

August 28, 2024
(SeaPRwire) - Richmond Hill, Ontario 27 Ogos 2024 - HIC Global Solutions, sebuah Rakan Crest Salesforce yang dihormati, dengan bangganya memperkenalkan inovasi terbarunya, . Aplikasi canggih ini mentakrifkan semula cara perniagaan menyambungkan Salesforce dengan pelbagai aplikasi, memberikan pengalaman integrasi tanpa kod, mesra pengguna yang selamat dan sangat cekap. Dalam dunia yang saling berhubung hari ini, kemampuan untuk menyelaraskan pelbagai platform adalah penting untuk mengekalkan kelebihan daya saing. MultiSync Made Easy memenuhi keperluan ini dengan menawarkan penyelesaian yang mempermudahkan integrasi dan meningkatkan keselamatan data dan kecekapan operasi, menjadikannya alat yang tidak dapat digantikan untuk perusahaan moden. Ciri-ciri Revolusi MultiSync Made Easy: Integrasi Pelbagai Platform Tanpa Usaha: Membolehkan sambungan lancar antara Salesforce dan pelbagai platform & aplikasi, termasuk gergasi industri seperti SAP, QuickBooks, AWS, Oracle, ZOHO, dan HubSpot. Kemampuan ini membolehkan perniagaan menyatukan pelbagai sistem dan menyelaraskan operasi mereka dengan mudah. Penyediaan Tanpa Kod untuk Semua Pengguna: Memberi kuasa kepada pasukan di seluruh organisasi untuk mengkonfigurasikan integrasi tanpa pengetahuan pengkodan. Ia menghasilkan masa persediaan yang dikurangkan dan menghapuskan halangan kerumitan teknikal, mengubah integrasi, dan menjadikannya boleh diakses oleh pengguna bukan teknikal. Keselamatan Data Tanpa Kompromi: Manfaatkan protokol keselamatan berbilang lapisan yang kukuh yang melindungi maklumat sensitif semasa pertukaran data merentas platform yang bersepadu, memastikan pematuhan dengan peraturan perlindungan data yang ketat. Alur Kerja Merentas Jabatan yang Diperkemas: Pecahkan silo dan optimalkan alur kerja merentas jabatan seperti pemasaran, jualan, kewangan, dan operasi. MultiSync Made Easy membolehkan aliran data lancar, meningkatkan kerjasama dan kecekapan operasi. Integrasi Pantas dan Boleh Dipercayai: Manfaat daripada keupayaan integrasi berkelajuan tinggi yang menguruskan pemindahan data dan operasi yang kompleks tanpa sebarang kesulitan, memastikan perniagaan anda boleh bertindak balas dengan pantas terhadap permintaan pasaran. Piyush Singhal, Ketua Pegawai Eksekutif dan Pengasas Bersama HIC Global Solutions, menyatakan, "Dengan pelancaran MultiSync Made Easy, kami mengambil langkah penting ke hadapan dalam misi kami untuk memperkasakan perniagaan dengan alat yang bukan sahaja berkuasa tetapi juga mudah digunakan. Aplikasi ini direka untuk memenuhi permintaan yang semakin meningkat untuk integrasi yang selamat, cekap dan fleksibel, membolehkan pelanggan kami mencapai lebih banyak dengan usaha yang kurang." Mengapa Memilih MultiSync Made Easy? Sinargi Operasi: Capailah sinergi yang lebih besar di seluruh perniagaan anda dengan mengintegrasikan semua platform kritikal ke dalam sistem yang padu, meningkatkan produktiviti dan kuasa membuat keputusan. Kefleksibelan yang Tidak Tertandingi: Sama ada anda mengintegrasikan aplikasi perniagaan arus perdana atau alat khusus, MultiSync Made Easy menawarkan fleksibiliti untuk menyesuaikan dengan keperluan perniagaan khusus anda. Kecekapan Kos: Dengan menghapuskan keperluan untuk pengkodan kompleks dan penyertaan IT yang meluas, MultiSync Made Easy mengurangkan kos dan masa yang berkaitan dengan kaedah integrasi tradisional. Tentang HIC Global Solutions HIC Global Solutions ialah yang berdedikasi untuk membantu organisasi merealisasikan potensi penuh sistem CRM mereka. Perkhidmatan kami merangkumi segala-galanya dari penyesuaian dan integrasi hingga pelaksanaan, pembangunan, dan peningkatan kakitangan, yang disesuaikan untuk memenuhi keperluan unik pelanggan kami. Dengan pasukan pakar dan pelbagai produk inovatif yang tersedia di Salesforce AppExchange, HIC Global Solutions adalah rakan kongsi pilihan untuk perniagaan yang bertujuan untuk meningkatkan keupayaan Salesforce mereka. Temui bagaimana kami dapat membantu anda memacu kejayaan dengan penyelesaian canggih kami dengan menghubungi kami hari ini.Media ContactHIC GLOBAL SOLUTIONS+1(262) 310-781843 Lafferty Lane, Richmond Hill, L4C 3N8, Canada Source :HIC Global Solutions Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
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Africa Strong Spiritual Healer: Menyatukan Pasangan dengan Kaedah Terbukti Perniagaan

Africa Strong Spiritual Healer: Menyatukan Pasangan dengan Kaedah Terbukti

August 28, 2024
(SeaPRwire) - London, United Kingdom 27 Ogos 2024 - Africa Strong Spiritual Healer dengan bangganya mengumumkan perkhidmatan khusus mereka untuk menyatukan kembali pasangan kekasih. Dengan pemahaman mendalam tentang penyembuhan rohani, mereka telah membantu pasangan mengatasi cabaran dan mencari jalan kembali antara satu sama lain. Africa Strong Spiritual Healer menawarkan pendekatan unik untuk menyatukan kembali pasangan kekasih. Perkhidmatan mereka berdasarkan amalan dan ritual rohani kuno, yang disesuaikan dengan situasi setiap individu. Mereka mempunyai rekod prestasi yang terbukti dalam membantu orang menyembuhkan luka emosi dan memulihkan hubungan yang terputus. Di Africa Strong Spiritual Healer, para profesional menyediakan sesi peribadi untuk menangani keperluan khusus setiap pasangan. Penyembuh meluangkan masa untuk memahami latar belakang dan keadaan hubungan tersebut. Pendekatan peribadi ini memastikan bahawa proses penyembuhan berkesan dan bermakna. Pelanggan boleh mengharapkan persekitaran yang penuh kasih sayang dan menyokong di mana mereka boleh secara terbuka membincangkan kebimbangan mereka. "Tujuan utama kami adalah untuk menyatukan kembali pasangan kekasih yang telah terpisah. Sama ada disebabkan oleh salah faham, pengaruh luaran, atau kesilapan lampau, kaedah mereka direka untuk membawa pasangan kembali bersama," kata seorang sumber. "Penyembuh menggunakan wawasan dan ritual rohani untuk menangani punca utama pemisahan, mewujudkan jalan untuk perdamaian." Africa Strong Spiritual Healer menghormati privasi semua pelanggan. Semua konsultasi dan sesi penyembuhan adalah sulit. Penyembuh mewujudkan ruang selamat di mana pelanggan boleh merasa selesa berkongsi cerita peribadi mereka. Pendekatan yang hormat dan diskret ini telah memperoleh kepercayaan ramai individu dan pasangan. Sebagai salah satu penyembuh rohani terbaik di London, Africa Strong Spiritual Healer telah berjaya menyatukan kembali banyak pasangan. Testimoni daripada pelanggan yang berpuas hati menunjukkan keberkesanan perkhidmatan mereka. Ramai pasangan telah menemui kebahagiaan dan kestabilan selepas mendapatkan bantuan daripada penyembuh. Maklum balas positif dan kisah kejayaan menonjolkan dedikasi penyembuh untuk membantu orang mencari cinta, kedamaian dan menyatukan kembali pasangan kekasih. Untuk menyelesaikan isu anda, hubungi kami hari ini. Lawati laman web kami di atau hubungi kami di 07983 871142. Tentang Africa Strong Spiritual Healer: Africa Strong Spiritual Healer adalah pengamal rohani terkenal dengan pengalaman bertahun-tahun dalam penyembuhan rohani. Pakar dalam menyatukan kembali pasangan kekasih, penyembuh menggunakan amalan dan ritual kuno untuk membantu orang mengatasi halangan emosi dan bersambung semula dengan orang yang mereka cintai. Dengan pendekatan yang penuh kasih sayang dan pemahaman mendalam tentang perkara rohani, Africa Strong Spiritual Healer telah menjadi nama yang dipercayai dalam bidang penyembuhan rohani.Hubungi MediaAfrica Strong Spiritual Healer07983 871142216 Lewisham Road Sumber :Africa Strong Spiritual HealerArtikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
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Fujitsu and Osaka University accelerate progress toward practical quantum computing by significantly increasing computing scale through error impact reduction in quantum computing architecture JCN Newswire

Fujitsu and Osaka University accelerate progress toward practical quantum computing by significantly increasing computing scale through error impact reduction in quantum computing architecture

August 28, 2024
Kawasaki and Osaka, Aug 28, 2024 - (JCN Newswire via SeaPRwire.com) - Fujitsu Limited and the Center for Quantum Information and Quantum Biology at Osaka University (QIQB) today announced the joint development of two new technologies for the space-time efficient analog rotation quantum computing architecture (1) that will accelerate the realization of practical quantum computing.Fujitsu and QIQB have leveraged these new technologies, one that improves phase angle accuracy during phase rotation (2) and one that automatically generates efficient qubit operation procedures, to show that it is theoretically possible for a quantum computer to perform a calculation that would take a classical computer five years, in only ten hours. The two organizations found that the calculation, a material energy estimate, would be possible using only 60,000 qubits, significantly less than the amount typically thought to be required (3) for fault-tolerant quantum computation (FTQC) (4) to surpass the calculation speed of classical computers.These results demonstrate for the first time how quantum advantage, i.e., quantum computers being able to solve problems faster than current classical computers, can be achieved in the early-FTQC era (5), which is expected to arrive around 2030. Quantum computing is expected to accelerate technological innovations in various fields, including enabling a larger-scale analysis of the Hubbard model (6) for developing high temperature superconductors (7), which may improve the efficiency of electrical infrastructure, as well as lead to innovations in material development and drug discovery.The generation of efficient qubit operation procedures was achieved through the development of a quantum circuit generator. This system introduces a streamlined the process for converting logic gates, which are the fundamental operations of quantum computing, into physical gates, which operate the qubits. The system is also equipped with acceleration technology that minimizes computing time by dynamically changing the operational procedures of the qubits.The two organizations initially announced the quantum computing architecture on March 23, 2023 (8), but there were obstacles to practical applications including insufficient accuracy in phase rotation and the lack of an established physical gating procedure, a method of operating qubits suitable for specific calculation problems. These new technologies address these obstacles.Through their continued joint quantum computing initiatives, Fujitsu and QIQB aim to contribute to solving societal issues, addressing decarbonization and reducing the cost of new material development.AcknowledgementsThis research was supported by the following grants: Japan Science and Technology Agency (JST); the Program on Open Innovation Platforms for Industry-academia Co-creation (COI-NEXT), "Quantum Software Research Hub" (JPMJPF2014); JST Moonshot Goal 6 "Realization of a fault-tolerant universal quantum computer that will revolutionize economy, industry, and security by 2050", R&D project "Research and Development of Theory and Software for Fault-tolerant Quantum Computers" (JPMJMS2061); and Japanese Ministry of Education, Culture, Sports, Science and Technology’s Quantum Leap Flagship Program (MEXT Q-LEAP) "Development of quantum software by intelligent quantum system design and its applications" (JPMXS0120319794).[1] Space-time efficient analog rotation quantum computing architecture :A quantum computing architecture that can significantly reduce the number of physical qubits needed for arbitrary phase rotation, An essential step in achieving practical quantum computing.[2] Phase rotation :An operation in which the arbitrary phase angle of a qubit rotates. An essential element in unlocking the true power of quantum computing.[3] One million qubits :The estimated number of qubits required to solve the FeMoco (enzyme active center) energy estimation problem with an error rate of 0.1% (source cited: Reiher, et. al., PNAS, 114 (29) 7555-7560 (2017)).[4] Fault-tolerant quantum computation (FTQC) :Fault-tolerant quantum computation achieved through the correction of quantum errors.[5] Early-FTQC era :An era in which quantum computers work with only a maximum of 100,000 physical qubits and FTQC is considered to be impossible to achieve.[6] Hubbard model :A theoretical model for calculating material properties. It is used to describe strongly correlated electron systems, including in high-temperature superconductivity.[7] High temperature superconductor :A material that exhibits a phenomenon which causes it to have zero electrical resistance when it reaches a temperature above the boiling point of liquid nitrogen.[8] Fujitsu and Osaka University develop new quantum computing architecture, accelerating progress toward practical application of quantum computerAbout the Center for Quantum Information and Quantum Biology at Osaka UniversityThe Center for Quantum Information and Quantum Biology consists of six research groups: Quantum Computing, Transdisciplinary Quantum Science, Quantum Information Devices, Quantum Communication and Security, Quantum Sensing, and Quantum Biology. QIQB promotes transdisciplinary research between each of these research groups and with other academic fields. The Center is an international research hub for quantum innovation by actively promoting international academic exchange and collaboration across borders. QIQB seeks to play a key role in nurturing future quantum leaders and specialists through education and training. For more information: https://qiqb.osaka-u.ac.jp/en/.About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.About Osaka UniversityOsaka University was founded in 1931 as one of Japan’s imperial universities through strong demand from political and business circles in Osaka, as well as the people of Osaka City and Prefecture. The spiritual roots of Osaka University can be found in Kaitokudo and Tekijuku, educational institutions of the Edo period. After its merger with Osaka University of Foreign Studies in 2007, Osaka University became a comprehensive university with its own School of Foreign Studies. Boasting 11 undergraduate schools, 15 graduate schools, and 6 affiliated research institutes excelling in the fields of the humanities and social sciences, medicine, dentistry, pharmacy, science, and engineering, Osaka University is one of Japan’s premier comprehensive research universities.Osaka University will celebrate the 100th anniversary of its founding in 2031. We will contribute to the creation of a society where each member feels worth living through co-creation with diverse stakeholders to solve local and global challenges in accordance with the university's motto of “Live Locally, Grow Globally.”Press ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiriesCenter for Quantum Information and Quantum Biology at Osaka UniversityQuantum Software Research HubE-mail: coi-next@qiqb.osaka-u.ac.jp Copyright 2024 JCN Newswire via SeaPRwire.com.
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