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Alibaba (9988.HK), Huitongda Network (9878.HK), and Wanchen Group (300972.SZ) are all jumping on this “new trend” with accelerating development
During Alibaba's (9988.HK) earnings call on August 29th, CEO Eddie Wu explicitly identified two strategic opportunities for Alibaba: a technology platform centered on "AI + Cloud", and a large-scale consumer platform integrating shopping and lifestyle services. Wu emphasized, "Alibaba's approach to instant retail isn't focused on competing in a single consumer category, but rather on meeting the one-stop needs of billions of consumers, shaping the business model of a large-scale consumer platform in the AI era."Coincidentally, Huitongda Network (9878.HK), a strategic investment by Alibaba, released its interim results on August 28, also emphasizing the implementation of its "AI+" strategy, as well as expressing its intention to tap into new consumer subsegments such as "hard discounts" and "instant retail". Wanchen Group (300972.SZ), another company specializing in retail bulk sales, staged a strong limit-up last Friday.The convergence of technology and new consumption, integrating elements such as hard discount and instant retail, heralds the emergence of a “new trend”.Alibaba made a strategic investment in Huitongda in 2018, and remains a key strategic shareholder and the company's largest institutional shareholder. In August of this year, Alibaba Cloud and Huitongda signed a comprehensive full-stack AI collaboration, focusing on "AI + Industry" development in lower-tier markets. Targeting 300 million households and 4.7 million township mom-and-pop stores, the two companies will jointly develop and deploy multiple AI agents to expand their customer base and transaction volume, simultaneously improving urban and rural circulation efficiency and monetizing the industrial and retail data from lower-tier markets.On "instant retail", Alibaba and others have set off a trend of "flash sales" and "instant delivery" in the higher-tier markets; and Huitongda, being one of its investments, is leveraging its deep understanding of the lower-tier markets, combining digitalization and supply chain capabilities to transform some traditional rural businesses into new retail terminals with online ordering and door-to-door delivery.It is conceivable that in the future, after the full cooperation on AI, Alibaba and Huitongda will replicate the "instant retail" model in the lower-tier markets.On the other hand, "hard discount" has also become a buzzword for many platforms in the large consumer sector.“Haoxianglai”, a brand under Wanchen Group, has rapidly expanded its snack sales business, with over 10,000 stores and surging performance across its revenue and net profit. Its stocks hit the daily limit after opening on August 29. Huitongda, which owns 250,000 member stores, also mentioned in its financial report for the same period that it will focus on expanding the "hard discount" category to meet the needs of a wider customer base.Analysis indicates that with the thrust of AI, the consumer market is accelerating its evolution toward high-frequency, full-scenario, and diversified experiences.01/09/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Sep 1, 2025

Huitongda Network (9878.HK) reported satisfactory 2025 interim results, with three key profit metrics reaching record highs; AI-related revenue brings accelerating growth
On the evening of August 28, Huitongda Network (9878.HK) released its 2025 interim results.During the reporting period, Huitongda Network achieved an operating profit of RMB356 million, representing a year-on-year (“YoY”) increase of 15.9%; profit attributable to equity shareholders of the company reached RMB139 million, representing a YoY increase of 10.8%; gross profit margin increased significantly by 1.1 percentage points YoY to 4.6%, a substantial YoY increase of 31.4%; and net cash generated from operating activities also reporting a significant increase of 65.7% YoY. The company's three key financial metrics, including gross profit margin, net profit margin, and net profit margin attributable to equity shareholders of the company, have all reached record highs.Since the second half of 2024, Huitongda has initiated its strategic upgrade, focusing on "quality and efficiency enhancement” and “innovative development". By proactively streamlining its low-margin and low-efficiency businesses, the company has further refined its revenue mix, with sales from self-owned brands exceeding RMB80 million, representing a YoY growth of over 490%; AI-related revenue contribution climbed to over 20% of total service revenue, or roughly RMB60 million or above, showcasing the effectiveness of its strategic upgrade.In the first half of 2025, Huitongda Network has seen rapid development of its “Self-owned brands”, “Integrated Production and Sales”, and “AI+” initiatives. Looking into the second half, the company plans to actively expand into areas such as “hard discounts”, “instant retail”, and “cross-border e-commerce”. It recently entered into a comprehensive full-stack AI collaboration with Alibaba Cloud, through which both parties will jointly advance the "AI + Industry" model to penetrate deeper into lower-tier markets, paving the way for sustained and rapid growth in AI related revenue.01/09/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Sep 1, 2025

Harbin Cultural, Tourism and Sports Industry Expo & 2025 Harbin Marathon Expo Opens
On the morning of August 28, the Harbin Cultural, Tourism and Sports Industry Expo, together with the Harbin Bank 2025 Harbin Marathon Expo, officially kicked off at Harbin Ice-Snow World. As a major supporting event before the 2025 Harbin Marathon, the three-day expo embraces the themes of “serving the event, showcasing the city, and benefiting the public,” aiming to serve as a key platform for the deep integration of “culture, sports, and tourism” in Harbin.Since its launch in 2016, the Harbin Marathon has grown steadily, evolving from a city-level event into a Chinese Athletics Association A1-certified race and a World Athletics Gold Label Race. Beyond being a window for the world to discover Harbin, it has become a powerful engine driving the city’s integration of “culture, sports, and tourism.” This expo, upgraded from the former Harbin Marathon Expo, positions sports as the engine and the marathon as the platform to promote the integrated development of “culture, sports, tourism, commerce, and exhibitions,” while further improving the model of “marathon race + marathon expo + marathon night + marathon investment promotion.”This expo has been integrated with the packet pick-up part, providing runners with services such as kit collection and professional gear consultation. Covering 8,200 square meters, the pickup area streamlines the process by “time-slot guidance and precise verification,” ensuring a smooth, hassle-free experience and establishing itself as a true “pre-race service station” for the Harbin Marathon. Meanwhile, this expo also serves as a shared platform for everyone to experience culture, sports, and tourism. Runners can share their race experiences and inspiring stories, local residents can experience the joy of sports and learn about professional health services up close, and participating companies have the opportunity to showcase cutting-edge industry achievements. Notably, this expo breaks away from the traditional sponsor-focused model for the first time. It brings together the three core areas of “culture, tourism, and sports,” gathering numerous companies across more than 11,400 square meters of exhibition space to showcase Harbin’s local cultural and tourism resources, cutting-edge sports equipment, and distinctive cultural products, creating a comprehensive platform that spans the entire industry chain.As a key platform showcasing Harbin’s charm as the “City of Olympic Champions,” the “City Hosting the Asian Winter Games Twice,” and the “Ice City and Summer Capital,” this expo will effectively extend the influence of the Harbin Marathon, fully highlight the city’s vitality, and further promote the deep integration of sports, culture, and urban development, becoming an important bridge connecting the event, the city, and its residents.Contact:Company: Harbin Daily CultureContact Person: Zhang YiEmail: Zhang.Yi@my399.com01/09/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Sep 1, 2025

ChatBlu Raises $500K to Launch First Autonomous AI Inventory Agent for E-Commerce
London, UK - August 29, 2025 - (SeaPRwire) - ChatBlu, an artificial intelligence company founded by two of Europe’s youngest funded entrepreneurs, has secured $500,000 in pre-seed funding to build and launch the world’s first autonomous inventory management agent for e-commerce. The round was led by Matador Ventures Capital, known for investing in Y Combinator-backed startups, with support from angel investors affiliated with Google and Amazon Web Services.Founded in April 2025 by Kristian Lukauskis and Alexander Dillon, both aged 20, ChatBlu aims to eliminate one of online retail’s most persistent operational problems: real-time, multi-platform inventory management. Online sellers typically struggle to sync stock levels, apply price updates, and manage listings across platforms like Shopify, Amazon, and Etsy. ChatBlu’s AI agent automates these tasks in the background, allowing users to issue plain-language commands while the system handles execution across all connected storefronts.According to industry data, inventory inefficiencies cost retailers $1.8 trillion each year. By automating these backend tasks, ChatBlu aims to help store owners boost conversion rates by up to 20 percent while significantly reducing time and labor costs.The company is a graduate of the 2024–2025 cohort of the Genoa Entrepreneurship School, a European accelerator with a 75 % funding success rate. Backed by industry leaders like Douglas Leone, Partner at Sequoia Capital, who serve as mentors to students, Genoa helps founders secure capital without stepping away from their education. CTO Sairam Vangapally, a former Amazon and Shutterfly data engineer, leads the company’s technical build. The broader team includes professionals with experience at Apple, Meta, Adidas, and Xbox.ChatBlu is preparing for a product launch in September 2025, beginning with Anglo-Saxon markets and targeting expansion to Hispanic regions within the following year.To explore the technology behind ChatBlu and its upcoming rollout, visithttps://chatblu-ai.com.About ChatBluChatBlu is an artificial intelligence company building the first autonomous AI agent for multi-platform inventory management. Founded by Kristian Lukauskis, Alexander Dillon, and Sairam Vangapally, ChatBlu has received $500,000 in funding to automate backend retail operations for digital merchants.The startup is backed by Genoa Entrepreneurship School and Matador Ventures Capital, which has several Y-Combinator startups in its portfolio. Its founding team brings experience from companies including Amazon, Apple, Meta, and Adidas. The company's vision is to eliminate manual inventory processes through intelligent automation.Media ContactCompany: ChatBluContact: Kristian Lukauskis, CEOEmail: k.lukauskis@chatblu-ai.comWebsite: https://chatblu-ai.com/29/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Aug 29, 2025

DPC Dash Ltd 2025 Interim Financial Results
DPC Dash Ltd announces 2025 Interim Financial Results.29/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Aug 29, 2025

Deeply Committed to Long-Termism: China Leon Inspection Builds Long-Term Competitive Barriers through Dual Drivers of Globalization and AI Innovation
[Hong Kong-29, August 2025] The reputable international inspection and testing company, China Leon Inspection Holding Limited (“Leon Inspection” or the “Company”, together with its subsidiaries, the "Group")(Stock code: 1586.HK) is pleased to announce that, amidst a complex environment marked by escalating geopolitical conflicts, fluctuating trade policies, and rising uncertainties in the commodity market, the Group has adhered to its “long-termism” development philosophy. By intensifying strategic investments in the expansion of its global service network and the research and application of AI technology, the Group has laid a solid foundation for sustainable mid-to-long-term growth. In the first half of 2025, the Company achieved revenue of approximately HK$602.8 million, with profit attributable to the Company’s owners for the period amounting to approximately HK$40.7 million. Investments in global network expansion, AI-driven technological innovation, and talent development during the first half of the year have impacted short-term performance but have significantly strengthened the Group’s triple moat of “service network + innovative technology + brand credentials.” This positions the Group to seize broader growth opportunities in the Testing, Inspection, and Certification (TIC) industry, enhancing its long-term value creation capabilities.Global Service Network Upgraded Further, Capturing Opportunities in Emerging MarketsThe Group continues to deepen its global presence and diversify its business operations. Its service network, previously covering major trading ports and hub cities in the Asia-Pacific region, has now extended to multiple emerging markets. In the first half of 2025, the Group accelerated its overseas market expansion, adding 200 new overseas employees and focusing on high-potential markets such as Africa and the Middle East, injecting strong momentum into the Group’s performance growth. As of June 30, 2025, the Group’s global network comprises 80 branches and professional laboratories across 19 countries, with a global workforce of 3,574 employees, significantly enhancing its localized service capabilities and customer response efficiency.Focusing on AI-Driven Technological Innovation, Ushering in a New Era for the TIC IndustryIn the first half of 2025, the Group prioritized AI as a key area for technological application, seizing opportunities in the AI industry’s rapid development. The Group made significant strategic investments in the research and application of AI robotics, proactively preparing for industry transformation through forward-looking efforts in talent acquisition and technological upgrades. By leveraging AI and robotics to drive technological innovation, the Group has accelerated AI empowerment across business scenarios, establishing a blueprint for intelligent enterprise development.In the first quarter of this year, the Group announced phased achievements in AI technology applications, achieving breakthroughs in innovative applications and deploying them across three key scenarios. The Group’s Information Technology Center, through its independently developed “Leon AI System,” has pioneered the deep integration of large-scale AI models with core energy inspection operations, marking the official transition of traditional inspection services into an “intelligent-driven” new phase. Additionally, addressing the personalized needs of modern enterprise safety production, the Group has integrated IoT, big data analytics, and multimodal AI technologies to advance the development and implementation of an intelligent safety production platform. This platform, powered by AI, aims to optimize enterprise safety management efficiency by deeply analyzing unique safety risk characteristics and seamlessly integrating with operational systems. In the second half of 2025, the Group plans to further advance the global deployment of its AI system, achieving continuous breakthroughs in establishing cross-border intelligent inspection mutual recognition systems, developing AI-based carbon emission accounting modules, and building quality prediction models for energy commodities.Commodity Business Reaches New Heights, Professional Services and Brand Credibility Recognized by the MarketLeveraging its outstanding technical qualifications and global service experience, the Group has solidified its leadership in the commodity inspection sector. In the first half of 2025, the Group secured qualifications as a designated inspection agency for the Shanghai Futures Exchange’s “aluminum alloy futures” and the Guangzhou Futures Exchange’s “polysilicon futures.” To date, the Group has obtained qualifications from China’s five major exchanges (Shanghai Futures Exchange, Dalian Commodity Exchange, Zhengzhou Commodity Exchange, Guangzhou Futures Exchange, and Shanghai International Energy Exchange) for 13 core futures products, including ferroalloys, lithium carbonate, and industrial silicon. This makes the Group one of the most comprehensive inspection agencies in China, covering new energy metals, ferrous metals, and non-ferrous metals, laying a strong foundation for serving global commodity industry leaders. Moving forward, the Group will accelerate expansion into emerging markets such as the Middle East, Africa, and Southeast Asia, focusing on high-growth new energy sectors, reinforcing professional technical barriers, and fostering differentiated competitive advantages. With impartial, efficient, and professional services, the Group will contribute to the high-quality and sustainable development of the new energy industry, enhancing its global competitiveness.Below is the list of futures inspection qualifications obtained by the Group and its subsidiaries from major exchanges to date:Exchange Futures products Shanghai Futures Exchange Copper, aluminum, zinc, alumina, aluminum alloy Dalian Commodity Exchange Coking coal, coke, iron ore Zhengzhou Commodity Exchange Thermal coal, ferrosilicon, manganese-silicon Guangzhou Futures Exchange Industrial silicon, lithium carbonate, polysilicon Shanghai International Energy Exchange Bonded copper Comprehensive ESG Service Capabilities Highlighted, Green and Low-Carbon Achievements Recognized by AuthoritiesAligned with its core ESG (Environmental, Social, Governance) sustainable development strategy, the Group has adopted a three-dimensional approach—“ESG-Friendly, ESG+, ESG-Focused”—to provide clients with comprehensive green services covering “inspection, consulting, and trading.” In clean energy, the Group has developed full-lifecycle service capabilities for wind and solar power, including manufacturing supervision, unit maintenance testing, and power generation stability optimization. In environmental protection, the Group’s Leak Detection and Repair (LDAR) services help enterprises reduce pipeline accident rates and achieve low-carbon emission reductions. In climate change, the Group’s expertise in carbon asset trading and carbon neutrality solutions has positioned it as a core trader in the Beijing carbon market, earning the “2024 Best Trading Award” from the Beijing Green Exchange, underscoring the industry’s high recognition of the Group’s carbon market service capabilities. As global carbon market regulations become clearer, the Group will further leverage its expertise in carbon market mechanisms and its ability to integrate government and enterprise resources to help more clients align with international carbon reduction frameworks, seizing opportunities in the green and low-carbon transition.Mr Li Xiangli, Chairman and Chief Executive Officer of China Leon Inspection Holding Limitedstated that: “Short-term performance fluctuations are an inevitable part of strategic investments. The Group remains committed to long-term value creation. Moving forward, we will focus on deepening our global presence, advancing AI-driven technological innovation, and strengthening ESG capabilities to build an inimitable competitive moat, continuously creating long-term value for shareholders, clients, and society.”-END-About China Leon Inspection Holding LimitedChina Leon Inspection Holding Limited (stock code: 1586. HK) was listed on the Main Board of the Stock Exchange in 2016. The Company is China’s first international leading inspection and testing company listed in Hong Kong, focusing on integrated solutions for climate change and green and low-carbon sustainable development. The Company provides global industry leaders with a wide range of one-stop services in testing, and inspection, as well as technical and consulting services around the clock, focusing on four key areas, namely commodity services, clean energy, environmental protection and climate change, empowering global industry leaders to achieve ecofriendly and low-carbon transformation. The Company continues to strengthen its global network layout, expanding its presence from major trading ports and hub cities in the Asia Pacific region to emerging markets in South America and Africa serves, and comprises 80 branches and professional laboratories globally. ESG-oriented development is a key priority for the Company’s “3+X” development strategy. Through the three main implementation dimensions of (1) ESG-Friendly+; (2) ESG+; and (3)ESG+-Focused , we have achieved our ESG development strategies, fulfilled our corporate social responsibility, and contributed to the green and low-carbon transition of the industry.29/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Aug 29, 2025

Trio Group (1710.HK) Achieved Revenue of HK$404.7 Million for 1H 2025 with Proposed Interim Dividend of HK0.6 Cent; Advancing the 'Greater Asia New Energy Business Circle' Strategy
Trio Industrial Electronics Group Limited (1710.HK) AchievedRevenue of HK$404.7 Million for 1H 2025 with Proposed Interim Dividend of HK0.6 Cent; Advancing the 'Greater Asia New Energy Business Circle' Strategy[Hong Kong – 28 August 2025] Trio Industrial Electronics Group Limited (“Trio Group” or the Group”, Stock code: 1710), a leading manufacturer and distributor of advanced industrial electronic components and products in Hong Kong, is pleased to announce the consolidated interim results of the Company and its subsidiaries (the “Group”) for the six months ended 30 June 2025 (“the Period”).During the Period, Europe and North America remained the Group's principal markets, contributing 92.1% of total revenue. Multiple challenges including high interest rates, ongoing geopolitical tensions, and the implementation of revised U.S. tariffs policies led to cautious customer behavior, reducing orders to manage inventories more tightly, while others accelerated expansion to capture emerging opportunities. The divergence in customer behaviour resulted in fluctuations in demand, impacting both order visibility and the overall composition of the Group’s product mix. Amid these dynamics, the Group achieved revenue of HK$404.7 million for the Period, increased by 4% comparing with HK$389.2million for the six months ended 30 June 2024. The revenue increase was primarily driven by higher shipments of smart vending systems, partially offset by softer demand for smart chargers, switch-mode power supplies and electro-mechanical products. Additionally, gross profit rose 12.5% year-on-year to HK$76.1 million, with a gross margin of 18.8%, up 1.4 percentage point compared with last year. Loss attributable to owners of the Company decreased by 42.9% to approximately HK$14.8 million for the Period. The Group has maintained a robust financial position, with cash and cash equivalents (including restricted bank deposits) of approximately HK$103.6 million, a positive net cash position (cash and cash equivalents minus borrowings) and a current ratio of approximately 2.2 times, which remained the same as at 30 June 2025 and 31 December 2024.To enhance supply chain resilience and to serve end markets more effectively, the Group optimised its manufacturing network through setting up a new factory in the UK. The new UK factory commenced operations during the Period, further strengthening capacity, shortening lead times for European customers and diversifying production risk alongside the Group’s existing facilities in the PRC, Thailand and Ireland.Regarding the business development, the Group continued its strategic diversification into the new energy sector under the “Deltrix” brand, expanding its portfolio from smart electric vehicle (“EV”) chargers to include smart energy storage and smart digital advertising kiosks to capture high-growth opportunities driven by global decarbonisation and energy-efficiency agendas and the shift towards new energy solutions. In alignment of the PRC’s “Belt and Road” Initiative, the Group advanced its Central Asia platform in Kazakhstan. Three model EV charging stations in Almaty served as demonstration hubs integrating smart Deltrix EV charging infrastructure, smart energy storage, smart car wash facilities and smart digital advertising kiosks – forming a comprehensive EV charging ecosystem.Mr. Cecil Wong, the Chairman of Trio Industrial Electronics Group Limited said, “Despite global economic uncertainties, the Group maintains a stance of cautious optimism due to healthy order backlog in the EMS business and our progressive development in the new energy business. We are advancing its vision of a “Greater Asia New Energy Business Circle” – a strategic network integrating EV charging infrastructure, energy storage, digital advertising and smart service solutions across multiple regions. In Central Asia, we have partnered with Sinooil (China National Petroleum) to deploy EV charging and digital advertising facilities across approximately 140 Sinooil service stations in Kazakhstan. Looking ahead, we will build out a comprehensive ecosystem that combines digital advertising, automated car-wash services and convenience retail to help Chinese enterprises expand their market presence in Central Asia and supports the Group’s objective of becoming a leading outdoor media provider in Kazakhstan. Moreover, we are expanding into Uzbekistan, with plans to build an electric heavy-duty truck manufacturing factory and establish smart charging stations to support the country’s transition to sustainable transportation.”He further mentioned, ‘Beyond Central Asia, the Group is extending its new energy footprint in Southeast Asia, initially focusing on Thailand, the Philippines and Malaysia. Leveraging its expertise in new energy solutions, the Group aims to establish a strong position in these fast-growing markets and plans to manufacture Deltrix-branded electric motorcycles for these markets. This business roadmap aligns with the Group’s long-term commitment to sustainability, technological innovation and value creation for stakeholders. We are well-positioned to capitalise on the opportunities presented by the new energy sector and strengthen our market position for long-term business development."About Trio GroupTrio Industrial Electronics Group is a manufacturer and distributor of advanced industrial electronic components and products in Hong Kong with nearly 40 years of industry experience. It is also the first Hong Kong-based industrial electronic company awarded with the Industry 4.0 maturity certificate - Industry 4.01i level. The Group’s major products include smart chargers, electro-mechanical product and switch-mode power supplies, which are widely used in smart city systems, medical and healthcare sector, as well as renewable energy field. The Group has built up a good reputation and become a trusted supplier to various international well-known brands. The majority of its clients are from Europe and the US while some from Southeast Asia and PRC. In addition, the Group and its partner have developed their own EV charger solution - Deltrix since 2017, which has been launched in the European market in response to the global efforts to develop smart economies.This press release is issued by DLK Advisory Limited on behalf of Trio Industrial Electronics Group Limited.For more details, please contact:Skye Shum - IR Managerskyeshum@triohk.com.hkPR media:DLK Advisorypr@dlkadvisory.comFile: Trio Group 1710.HK Achieved Revenue of HK$404.7 Million for 1H 2025 with Proposed Interim Dividend of HK0.6 Cent Advancing the 'Greater Asia New Energy Business Circle' Strategy29/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Aug 28, 2025

Newborn Town Inc. (SEHK: 9911) Achieved 40.0% Growth in 2025 H1 Revenue, Profit Attributable to the Owners of the Company Surged by 117.8%
Newborn Town Inc. (SEHK: 9911) Achieved 40.0% Growth in 2025 H1 Revenue, Profit Attributable to the Owners of the Company Surged by 117.8%[Hong Kong – 28 August 2025] Newborn Town Inc. (Newborn Town or the company, together with the subsidiaries as ‘the Group’, stock code: 09911.HK), a leading global social entertainment company, released its interim results for the first half of 2025. Fueled by explosive growth in social networking and innovative businesses, alongside enhanced AI integration, the Group achieved impressive results in the first half, with total revenue increasing by 40.0% year-on-year and profit attributable to the owners of the Company surging by 117.8% year-on-year.Regarding the performance of its business segments, the social networking segment remained the Group’s primary revenue driver. New products such as TopTop and SUGO continued to perform strongly, while flagship products like MICO and YoHo maintained stable profit contributions. The innovative business saw a robust 70.5% year-on-year revenue growth, driven by quality games and social e‑commerce.The MENA region, recognized as one of Newborn Town’s key markets, continued to unlock huge business potential for the first half. Its core social products achieved over 60% YoY growth in business scale during this period.Robust Growth across Financial Metrics boosted by “Social + Innovation” Dual EnginesFor the six months ended 30 June 2025, the Group achieved revenue from contracts with customers of RMB 3,181million, representing a year-on-year increase of 40.0%. Gross profit reached RMB1,775million, up 55.6% year-on-year. Profit attributable to equity shareholders of the company was RMB489million, reflecting an impressive 117.8% year-on-year increase. Adjusted EBITDA totaled RMB 646 million, demonstrating a 44.0% year-on-year growth.The social networking business continued its steady expansion, generating revenue of RMB2,834million, up 37.0% year-on-year. In particular, the companion-based social networking platform SUGO and gaming-oriented social networking platform TopTop delivered exceptional results, with revenue growth exceeding 100% for both. Meanwhile, profits for SUGO and TopTop grew by over 150% and 100% year-on-year, respectively.Notably, TopTop’s monthly recharge amount has surpassed US$10 million for the first half, making it the company’s third product - after MICO and SUGO - to reach this milestone. This achievement not only reflects Newborn Town’s strength in executing its core strategy of replication but also highlights the significant opportunity in cultivating a ‘bush-like’ product portfolio globally.Revenue from the innovative business segment reached RMB347million, representing a year-on-year increase of 70.5%. The flagship games including Alice’s Dream: Merge Games entered a phase of long-term operation, steadily contributing to the company’s profit. Meanwhile, the social e-commerce platform, Heer Health, achieved profit growth of over 100% year-on-year, further consolidating its leading position in the HIV prevention and sexual health services sectors.Rooted in the Middle East while Expanding Globally: MENA Market’s Business Scale Surges Over 60%The MENA region continued to serve as a strategic market for Newborn Town and unlocked strong commercial potential in the first half of 2025. According to the announcement, the business scale from the Group’s core social networking products in the MENA region surged over 60% year-on-year in the first half of 2025, sustaining the strong growth momentum established in 2024.This success underscores the Group’s long-term commitment to the MENA region and the effectiveness of its refined operational strategies, further reinforcing its leadership in local markets. With multiple flagship products leading their respective categories, the Group is steadily advancing toward its strategic goal of complete market penetration in the MENA region. Newborn Town’s global business strategy continues to evolve, with its social networking business primarily focused on the MENA and SEA regions, while its quality games portfolio targets developed markets such as North America, Japan, and South Korea. SUGO, one of the company’s flagship apps, completed its initial launch in several regions across Latin America and Europe, demonstrating strong market adaptability in both its business model and product design. The first half of 2025 has been marked by both opportunities and challenges across global markets. In this context, Newborn Town’s steady growth highlights the foresight and resilience of its "bush-like" strategy, further demonstrating the company’s strong ability to achieve sustainable and organic growth.Deeper AI Integration Fuels Sustainable Business GrowthIn the first half of 2025, Newborn Town further integrated AI into its business operations, accelerating R&D efficiency, enhancing operational precision, and significantly improving the user experience of its social apps while optimizing the overall social ecosystem.For example, SUGO achieved significant operational improvements driven by AI, with key metrics like average time spent per user, payment ratio and ARPU steadily showing growth.AI also played a vital role in strengthening the Group’s risk management system in its platforms, fostering a healthy social environment. This has a positive impact on strengthening user trust and satisfaction, improving new user acquisition, and enhancing overall user retention.In addition to its AI integration efforts, Newborn Town has actively pursued the development of AI-powered products. In the first half of 2025, the company launched Aippy, an AI-driven no-code community that enables users to easily build websites, mini-games and other creative content, as well as interact with one another. Designed for users without programming background, Aippy is currently available on iOS.Over the past years, Newborn Town has continued to upgrade its globalization strategy. Following the establishment of its regional headquarters in Riyadh in 2024, the Group officially opened its global headquarters in Hong Kong in June 2025. Looking forward, by leveraging the pivotal role of its Hong Kong global headquarters, Newborn Town will collaborate closely with its global R&D and operation centers to scale its business and create positive emotional value to users worldwide.About Newborn TownNewborn Town has grown into a leading technology company which was listed on the Main Board of the Hong Kong Stock Exchange (HKEX) in 2019 under the stock code 9911. Committed to creating positive emotional values worldwide, Newborn Town has developed a diverse portfolio of applications in the social networking and entertainment sectors. Its social apps include MICO, YoHo, TopTop, SUGO and HeeSay, together with gaming products like Alice's Dream: Merge Games. These applications have achieved widespread acclaim, reaching over one billion users in over one hundred countries and regions.Newborn Town considers the Middle East and North Africa (MENA) region a key market and has also extended its influence in Southeast Asia, Europe, the United States, Japan, and South Korea. The company aims to become the world's largest social entertainment company.For enquiries, please contactDLK Advisory pr@dlkadvisory.com28/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Aug 28, 2025

Uni-Bio Science Group Announces 2025 Interim Results
EPS Surged to 1.27 HK Cents with a Three-year CAGRof43.1%Robust Revenue Growth Driven by Strong Demand for Bogutai® and Omnichannel Strategy(28 August 2025 – Hong Kong) A fully integrated biopharmaceutical company – Uni-Bio Science Group Limited (“Uni-Bio Science”, together with its subsidiaries referred to as the “Group”, stock code: 0690.HK), is pleased to announce its interim results for the six months ended 30 June 2025 (the “Period”).Key Accomplishments in the First Half of 2025During the Period, the Group achieved a spectrum of accomplishments, for both of its marketed products and innovative biologics. The key highlights include:During the Period, the Group delivered solid financial results, with revenue achieved an increase of 13.4% year-on-year (“YoY”) and net profit reaching a record HK$76.0 million, up 12.7% YoY, while EPS increased from HK$0.62 cents in the first half of 2023 to HK$1.27 cents in the first half of 2025, representing a three-year CAGR of 43.1%. The growth this year was driven by the Group’s omnichannel strategy and increasing demand for Bogutai®, along with in the Group’s existing marketed drugs. Meanwhile, the Group strengthened its financial position, with improvements across all key liquidity ratios and overall financial resilience. Since its official launch in March 2024, Bogutai® has steadily built market recognition and sustained growth momentum. Bogutai® has achieved solid progress in clinical uptake and patient enrollment, with over 8,000 new patients and 6,000 returning patients, and establishing a broad and in-depth market network across first- to fourth-tier markets. During the Period, revenue of Bogutai® increased substantially from approximately HK$18.8 million to approximately HK$65.6 million, representing a significant increase of 248.9%.In May 2025, the Group’s second ophthalmology product, 金因康® (Diquafosol Sodium Eye Drops), received marketing approval from the China National Medical Products Administration (“NMPA”), marking a significant milestone in expanding the Group’s ophthalmic portfolio. In July 2025, the marketing application of Isavuconazonium sulfoate capsules was officially accepted by the NMPA, marking a significant milestone for the Group in the field of antifungal treatment. Isavuconazonium sulfoate capsules is expected to be approved for launch in the second half of 2026.In June 2025, the Group officially launched the high-end series GeneQueens™ of 肌顏態® and the medical device brand 金因敷®, marking a key milestone in its strategic expansion into the integrated "Drug, Medical Device, and Aesthetics" field.During the Period, the Group is refocusing its R&D strategy on regenerative medicine. In particular, the Group is in discussions with leading regenerative medicine research institutions in China to establish industry–academic partnerships in this field, aiming to co-develop innovative therapies leveraging growth factors and regenerative medicine technologies, combining complementary strengths to accelerate research and further strengthen the Group’s leadership in biopharmaceutical innovation.Interim ResultsFor the Period, the Group recorded revenue of approximately HK$310.2 million, representing an increase of 13.4% YoY. Revenue of Bogutai® increased substantially from approximately HK$18.8 million to approximately HK$65.6 million, representing a significant increase of 248.9%. Revenue generated from GeneTime® was approximately HK$107.8 million, representing an increase of 18.1% YoY. GeneSoft® recorded a mild decrease in revenue to approximately HK$18.5 million, representing a decrease of 2.1% YoY. Currently, the Group is preparing for GeneSoft® entry into medical insurance coverage, aiming for inclusion by the end of 2025, and providing a strong catalyst for future growth. Pinup® recorded a decrease of 22.7% in revenue to approximately HK$108.9 million for the Period. The Group was re-selected for the centralized procurement in 2024, with a validity period of two years. However, in response to certain local policy changes, the Group adopted a more selective approach to hospital supply. Hospitals in many provinces began procuring Boshutai® in 2025. Revenue from Boshutai® was approximately HK$6.1 million, representing a significant increase of 84.8%.Gross profit was approximately HK$254.1 million, representing an increase of 10.2% YoY, whereas gross profit margin was 81.9% (first half of 2024:84.3%). The decrease in gross profit margin was primarily due to the recent addition of Bogutai®, which is still in the early stages of commercialization and had a relatively low output volume, resulting in higher product costs. Profit for the Period surged from approximately HK$67.4 million in the first half of 2024 to approximately HK$76.0 million, representing an increase of 12.7%. This result reflects the effectiveness of the Group’s strategic focus on operational efficiency, disciplined cost control, and targeted commercial execution, reinforcing its trajectory toward sustained profit growth and long-term value creation. The earnings per share reached approximately HK$1.27 cents, reflecting a growth of 16.5% YoY.ProspectsChina’s medical device industry is expected to grow at an 8.9% CAGR from 2023 to 2030, fueled by rising chronic diseases and innovation investment. Government policies like “Made in China 2025” and the 2025 “Measures to Support High-Quality Development of Innovative Drugs” promote drug innovation, expanded insurance, faster approvals, and prioritize key therapies, including pediatric, chronic, and infectious diseases. National procurement now favors innovation over price, supporting sustainable healthcare growth. Leveraging advanced synthetic biology, the Group is well-positioned to seize these opportunities and advance regenerative therapies in orthopedics, ophthalmology, dermatology, and medical aesthetics.Looking forward, Mr. Kingsley Leung, Chairman of Uni-Bio Science said, “We are committed to pursuing a diversification strategy to ensure sustainability by driving product innovation and expanding marketing channels and geographical presence. During the Period, we achieved notable breakthroughs in our product portfolio. We received marketing approval of our new ophthalmology product, 金因康®, and antifungal product, isavuconazonium sulfoate capsules. Our medical aesthetic products also experienced a major launch with the introduction of the high-end GeneQueens™ series, along with a new medical device brand, 金因敷®.We have implemented omnichannel strategies to broaden our customer base beyond traditional hospital networks. Our direct sales team works closely with multiple-tier hospitals, while our own flagship stores are established on all major Chinese online sales platforms. We will continue to grow our online presence and expand our distributor network to support offline marketing. Internationally, we are focusing on markets such as the U.S., Middle East, and Southeast Asia. Our FDA application for Bogutai® is progressing, with approval expected as early as 2027, targeting it as our first overseas commercial product.During the Period, we further re-focused our R&D strategy in regenerative medicine. To enhance our core strengths and enter advanced therapies, we established two cutting-edge R&D platforms: the ECO-KSFA® Mini-protein Superfactory, which enables large-scale production of complex-structured polypeptides while significantly reducing costs; and the Biological Hydrogel Technology Platform, designed to incorporate active molecules such as growth factors for enhanced tissue engineering repair. These platforms form the basis of our R&D and will boost our product innovation.”About Uni-Bio Science Group LimitedUni-Bio Science Group Limited is principally engaged in the research and development, manufacture and distribution of pharmaceutical products. The research and development centre is fully equipped with a complete system for the development of genetically-engineered products with a pilot plant test base which is in line with NMPA requirements. The Group also has three GMP manufacturing bases in Beijing, Dongguan and Shenzhen. The Group also has a highly efficient commercialization platform and marketing network. The Group focuses on the development of novel treatments and innovative drugs addressing the therapeutic areas of endocrine such as diabetes and osteoporosis, ophthalmology and dermatology.Uni-Bio Science Group Limited was listed on the Main Board of the Hong Kong Stock Exchange on November 12, 2001. Stock code: 0690.For further information, please contact: ir@uni-bioscience.com 28/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Aug 28, 2025

Wuling Motors (00305) Beats Expectations With a 306% YOY Increase in Net Profit - The Autonomous Vehicle Business Unlocks New Possibilities
On August 26, Wuling Motors (00305) released its half-year results for 2025. The Group implemented the business strategy of “Stabilising Growth, Enhancing Effectiveness and Exploring New Horizons”, and innovatively drove its long established core businesses with competitive edge to move toward to the middle and high end of the industrial and value chains.In the first half of the year, the Group recorded a total revenue of approximately RMB 4.0 billion, up 2.0% year-over-year. Gross profit rose 13.5% to about RMB 480.0 million, with gross profit margin climbing to 12.0% from 10.8% as recorded in the corresponding period of last year. Net profit jumped 306.2% to RMB 85.8 million. The profit growth was primarily driven by higher gross margins and lower expense ratios as a result of effective cost control measures, which significantly enhanced operational results.The Group’s automotive components and other industrial services division were key contributors to first-half growth, generating revenue of roughly RMB 2.8 billion, up 5.2% year-over-year, and operating profit of about RMB 77.9 million, a 2.6% increase. As Gross margins improved and SG&A decreased, R&D investment stepped up to support future growth. The vehicles’ power supply systems division generated approximately RMB 860.0 million in revenue, while the commercial vehicles assembly division contributed approximately RMB 310.0 million.For the past six months, the automotive components and other industrial services division secured a total of 125 designated projects from 46 customers. In addition to the existing major customers such as SGMW, Great Wall Motors, BAIC Foton, and Chery, the Group also successfully developed new markets including the passenger vehicles of SAIC, Zhengzhou Yutong, and Weichai New Energy. In terms of expanding new openings, leveraging the advantages of overseas bases, the Group secured projects for rear axles and battery box covers in markets such as Vietnam (for VINFAST), Indonesia, and Turkey. The newly established manufacturing base in Rizhao, Shandong Province enhances the Group’s industrial influence and market competitiveness in eastern China. Supported by the newly established Shanghai Advanced Technology R&D Centre, the Group deepened the product strategy of “upgrading traditional energy technology + integrated development of new energy components”.Leading automakers such as SAIC-GM-Wuling, Great Wall Motors, Chery, Seres, BYD, Changan Automobile and BAIC Foton, are customers of the automotive components and other industrial services division operated by Wuling Industrial, a subsidiary of the Group. The overall business has continued to grow, and the sales to expanding customers in the first half of the year exceeded RMB 1.0 billion again after 2024.In terms of specific products, the Group’s star product, car axles, has remarkable advantages. The micro-electric car axles have surpassed 2.0 million units in cumulative production and sales. Meanwhile, the coaxial electric drive axle has been applied in the models from Changan, Geely, JAC and other automakers, and became the first to achieve commercialization in China. In terms of thermal inflation molding products, the division has expanded the second production line in 2024, continuing to accept orders for mid-to-high-end models from prominent automakers such as Great Wall Motors and BYD. At present, the Group has an annual production capacity of more than 2.0 million units of automotive components, corporate size and core competitiveness established a sound foundation for its sustainable development.The Group’s power supply system and commercial vehicle assembly business divisions are progressing steadily. In power supply systems business division, the company maintained a product strategy of “traditional power technology upgrade + new energy power integrated development”. For the past six months, approximately 77,000 engines were produced, and revenues from castings reached roughly RMB 260.0 million, representing a 24.5% year-over-year increase.In the commercial vehicles assembly business division, the sales of refitted vehicles and non-road vehicles remain impressive both domestically and internationally. Notably, there was a largest single domestic order of 160 golf carts for Shandong Nanshan International. Moreover, the Wuling sight-seeing vehicles and golf carts recorded overseas sales of 552 units.In 2025, the company initiated the establishment of an independent intelligent driving development and operation company. With its consolidating R&D and innovation resources, it is expected to become a significant growth point for the Group’s emerging business. As early as 2018, the Group had already initiated the development of intelligent driving vehicles. Through years of technological accumulation, the Group has not only independently developed core chassis components such as front and rear axles, EPB and EHB, but also launched products such as intelligent charging robots, driverless patrol vehicles, driverless sight-seeing/shuttle vehicles, smart follow-up golf carts, and driverless teaching vehicles, providing diversified solutions for scenarios such as unmanned charging, unmanned sight-seeing/transfer, and unmanned logistics. By the end of 2024, intelligent charging robots had been deployed in cities such as Nanning, Tianjin, Ningbo, Shanghai and Liuzhou, and had been exported to overseas markets including southeast Asia and Europe, with a total of several hundred units deployed. Continuous development of this division is expected to deliver surprises to the market.Looking ahead, the company will continue to optimize its product structure and accelerate the transformation and upgrading of the components division. The synergy between automotive services and sales will be fostered to enhance brand competitiveness. The power supply system business will be driven for stronger core competitiveness. The Group will continue to seize domestic and international market opportunities and expand the new energy vehicle assembly business. The market can be confident that, through the Group’s diligent efforts, the Group will continue to deliver exceptional performance that impresses investors.27/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Aug 27, 2025

AI Company Skylark Labs Secures $21 Million Kepler™ AI Traffic Platform Deal in Major Asian Market
New York, NY - August 25, 2025 - (SeaPRwire) - Skylark Labs, an artificial intelligence (AI) company founded by Dr. Amarjot Singh, has announced a landmark $21 million, three-year contract to deploy its Kepler™ platform across 6,000 police systems in a leading Asian nation. For Skylark Labs’ founder and CEO, Dr. Amarjot Singh, the contract represents a significant milestone in the company's mission to deliver adaptive, self-learning solutions that continuously improve without requiring costly retraining or system replacements.The deployment of Kepler™ will transform how traffic enforcement operates by introducing AI systems that demonstrate genuine self-awareness and autonomous learning capabilities. Unlike conventional AI systems that degrade over time and require expensive updates, Kepler™ continuously monitors its performance and adapts in real-time to new traffic patterns, vehicle types, and enforcement scenarios without human intervention or internet connectivity."This contract reflects the direction modern enforcement must take, responsive, predictive, and grounded in real-time data," says Dr. Amarjot Singh.The Kepler™ platform addresses a critical global challenge facing traffic enforcement agencies: the expensive cycle of AI system degradation and replacement. Traditional AI systems work effectively initially but gradually lose accuracy as traffic patterns evolve, requiring cities to invest significant capital in retraining or complete system replacements. Skylark Labs' breakthrough approach eliminates this costly cycle through self-aware AI that improves autonomously over time.Dr. Singh mentions, "Our advantage is that the smart technology works right on the device, which cuts millions in ongoing costs per year for cities and better protects privacy. Every police car becomes a mini-computer that handles traffic monitoring locally. After we set it up, cities spend much less on monthly fees than systems that need constant internet connections."Aside from its cost savings, the deployment of Kepler™ also represents an innovative multi-layered AI architecture. According to Dr. Singh, every patrol car equipped with the Kepler™ platform runs multiple AI models simultaneously. The primary model identifies traffic violations such as speeding, wrong turns, and dangerous driving behaviors, while a secondary layer of monitoring models continuously evaluates system performance and identifies potential knowledge gaps. It watches for signs the system might be missing something new, like a vehicle type it's never seen before or an unusual traffic pattern.When the system detects unfamiliar scenarios, such as new vehicle types or unusual traffic patterns, it automatically adjusts its internal parameters and retrains itself locally using onboard computing resources, so no internet or human engineers are needed.Dr. Andrea Soltoggio, Reader in AI at Loughborough University and DARPA L2M Researcher, shares, “Skylark Labs’ AI knows when it’s unsure and learns immediately. That’s a big deal for traffic systems, where things change constantly. Most AIs break down over time, but this one keeps getting better on its own. It’s built on strong research, and cities can count on traffic AI that stays smart, accurate, and safe without needing constant updates.”Kepler™’s edge-computing architecture provides significant operational advantages, particularly in developing markets with unreliable internet infrastructure. By processing data locally on patrol vehicles and traffic cameras, the Kepler™ platform maintains full functionality even during network outages, ensuring sensitive traffic data remains secure through on-device processing. This approach also dramatically reduces ongoing operational costs compared to cloud-dependent systems that require constant connectivity and generate recurring data transmission fees.The $21 million contract positions Skylark Labs as the growing market leader for adaptive AI solutions in public safety and urban mobility. With multiple similar initiatives already in development across Asia, the company is establishing itself as a key player in delivering next-generation AI systems that meet the demands of modern enforcement agencies while providing sustainable, cost-effective operations.Dr. Singh believes that the adaptation of its self-aware AI technology extends beyond traffic enforcement to any application where conditions change over time. This adaptive AI's potential can transform public safety applications beyond traffic enforcement, including automotive, defense, and even infrastructure. The success of Skylark Labs’ Kepler™ in dynamic, real-world environments demonstrates the viability of AI technologies that evolve autonomously without human intervention or extensive retraining requirements.Please visit Skylark Labs’ website to learn more about the Kepler™ platform and adaptive AI solutions.About Skylark LabsFounded in 2021 by Dr. Amarjot Singh, Skylark Labs develops adaptive artificial intelligence (AI) systems designed to learn, evolve, and operate autonomously in real-world environments. Headquartered in New York City, the company delivers next-generation AI solutions for mobility, public safety, and critical infrastructure applications. Skylark Labs specializes in brain-inspired AI that continuously adapts to new challenges without requiring pre-training or constant connectivity. The company aims to pioneer embodied AI that seamlessly integrates into physical devices while evolving toward true general intelligence.Media ContactCompany: Skylark LabsContact: Dr. Amarjot SinghEmail: amarjot@skylarklabs.aiWebsite: https://skylarklabs.ai/SOURCE: Skylark Labs25/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Aug 25, 2025

Nanjing Great Bao'en Temple Ruins Museum: How Its Global 'DIGITAL HERITAGE' Contest Showcases Immersive Technologies Reshaping Cultural Heritage
Immersive technologies are entering the field of cultural heritage at an unprecedented pace. From exhibition spaces to cultural tourism experiences, AR, VR, and interactive installations are reshaping the industry’s value chain. The traditional model that relied on artifacts and static displays is gradually being replaced by digital experiences that are interactive, participatory, and experiential. Against this backdrop, 2025 “DIGITAL HERITAGE” Global Innovator Contest , hosted by the Nanjing Great Bao’en Temple Ruins Museum, offers a compelling case study: it brings together young creatives from around the world with immersive technologies and is emerging as a new driving force in the cultural and creative industries.This year’s competition received around 700 applications from 19 countries, with 31 finalists selected for the grand finale, representing China, the United Kingdom, Germany, Greece, India, Azerbaijan, and more. The participants leveraged immersive technologies to explore new possibilities for heritage expression, presenting diverse proposals ranging from interactive exhibitions to virtual reconstructions.The competition’s international participation is particularly noteworthy. Supported by UNESCO, the event brought together a panel of mentors and judges that included senior museum consultant from the United Kingdom, as well as lecturers from University College London, Goldsmiths, University of London, the University of Bristol, and the Royal College of Art. They not only provided academic and technical guidance but also offered young participants deep insights into cross-cultural pathways for innovation.The inception of this competition is closely tied to one of the lost wonders of the world. The Nanjing Porcelain Tower of the Great Bao'en Temple, once an imperial temple of the Ming Dynasty, was introduced to Europe in the 17th century through the engravings of Dutch traveler Johan Nieuhof, becoming the iconic image of the "Porcelain Tower of Nanking." It even inspired the design of the Pagoda at Kew Gardens in London. This landmark also frequently appears in modern pop culture symbols—from Chinese takeout boxes in the US to the Wonder building in the game Civilization V. Today, through digital reconstruction, this heritage has once again become a cultural medium connecting the world.Among the entries, the Echo Silk team won the top prize with their project “Garden of Living Bells”. Centered on AR technology, the work connects the bell of the Great Bao’en Pagoda with the history of the Maritime Silk Road: dynamic scenes of merchant ships and bustling ports appear in the air, and when viewers tap on the virtual ships, they hear the crisp sound of the bell while literary works from Nanjing are displayed before their eyes. Another finalist, “Canopy of Echoes”, uses VR technology to let audiences experience the history of the Ming City Wall bricks in a virtual space, creating a tangible, immersive experience. These explorations demonstrate that immersive technologies not only enhance viewers’ sensory engagement but are also driving the ways cultural heritage is presented toward education, tourism, and urban branding.Regarding the contest, Shahbaz Khan, Director of UNESCO’s East Asia Regional Office, commented: “It sets a new standard for international collaboration and contributes to the renewal of Nanjing’s city brand as a centre of global cultural dialogue.” Senior museum consultant Lizzy Moriarty added: “This is a prime example of the convergence of creativity, technology, history, and public engagement.”Amid the wave of digitalization, such cross-border collaboration among young innovators is gradually showing its industrial significance. It is not only an experiment in cultural heritage preservation but also has the potential to become a growth driver for the cultural and creative industries. Digital heritage is opening up new markets; from virtual exhibitions to urban branding, the commercial potential of immersive technologies is increasingly evident. Nanjing’s practice may be just a microcosm, but it reveals a broader trend: cultural heritage is becoming a “new laboratory” in the digital era, with young people serving as the engine of innovation.22/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Aug 22, 2025

Qarmet’s Casting and Rolling Complex: A New Chapter in Global Metallurgy
Temirtau will soon host the construction of a new casting and rolling complex (CRC) — one of Qarmet’s largest investment projects, worth $700 million. The initiative marks a critical stage in Kazakhstan’s industrial development. For the first time not only in the history of the plant, but across Central Asian metallurgy as a whole, the facility will manufacture premium-grade steels for use in the oil, nuclear, and engineering industries. Annual output is projected at four million tonnes of high-quality flat rolled steel. The complex will be built entirely from scratch and equipped with the latest generation of technology.Leadership VisionJens Barth, Qarmet Corporation’s Director of Development, is overseeing the project. Before joining Qarmet, he held senior leadership roles for 25 years at leading international metallurgical and mining companies — including as a board member of Germany’s SMS Group and as Chief Executive of Research & Consulting, also in Germany.Mr Barth, what motivated your move to Kazakhstan and your decision to join the Qarmet team in Temirtau?I was drawn by the scale and ambition of Qarmet’s agenda: not simply to modernise production, but to redefine Kazakhstan’s position on the global metallurgical map. Relocating to Temirtau was a chance not only to witness change but to be part of driving it. Here I see an experienced, dynamic team, strong industrial partners, and a clear mandate for development. Opportunities to make such a lasting contribution to a nation’s industrial history are rare — that is why I am here, ready to apply my knowledge.Strategic RationaleYou are leading the CRC project. Why is this investment essential, and will it truly be a breakthrough for Kazakhstan’s metallurgy?After reviewing the current state of the plant, it became clear that radical change could not be delayed. Operating with technologies from the last century is not an option in today’s competitive landscape. Our drive to position Qarmet at the global forefront is fully aligned with the country’s leadership. President Kassym-Jomart Tokayev has consistently stressed the need to enhance the competitiveness of Kazakhstan’s metallurgy.To achieve this, Qarmet is pursuing a portfolio of ambitious projects:InSeptember 2025, Temirtau’s plant will gain access to natural gas for the first time in its history — the region’s most significant ecological initiative. The switch will expand blast furnace capacity, cut pig iron costs, and raise liquid steel output to six million tonnes. In2026, a new one-million-tonne rolling mill will come online. By2027, new coke oven batteries (Nos. 8 and 9), with 1.5 million tonnes annual dry coke capacity, will be launched, alongside a mining and beneficiation complex in Karazhal. Entry into the large-diameter pipe segment is also under review. These steps will allow Kazakhstan to fully cover domestic demand.The CRC project, however, is central to our modernisation strategy. This will be a turning point for Kazakhstan’s metallurgy. Across the Eurasian Economic Union and the CIS, no comparable facilities exist. Most plants still operate on equipment built decades ago. The CRC is next-generation technology — capable of producing premium steels for multiple industries. We are creating a high-tech, environmentally responsible operation able to compete with the best in the world.Technological EdgeWhat distinguishes the CRC from existing rolling mills?Our current rolling lines date back to the mid-20th century. They run on equipment that has long exhausted its lifecycle, requiring constant maintenance. They also remain limited to conventional low-carbon grades of steel, mainly for construction and general use. This restricts both thickness and width — a competitive disadvantage. The CRC resolves these constraints. We aim to roll steel as thin as 0.6 mm in hot rolling, substituting certain cold-rolled products and gaining cost advantages. Similar facilities in Europe and China have already proven this path. We are the first to bring it to Central Asia.How does CRC technology differ from traditional processes?Conventional mills operate with a separated process: slabs are cast at 200 mm thickness, cooled, reheated to 1,200°C in furnaces, then rolled. The CRC casts steel directly into thin slabs at 1,100°C, maintaining temperature via gas or induction furnaces, and sends them straight to rolling. This dramatically cuts energy use, reduces heat loss, and enhances quality. The shorter, continuous cycle delivers more stable metallurgical structures, improved surface finish, and precise geometry.Applications of Premium SteelPremium steels are indispensable where strength, durability, corrosion resistance, and resilience to extreme conditions are critical:Construction:bridges, stadiums, skyscrapers, and Arctic infrastructure. Engineering and transport:truck frames, railcars, vehicle bodies. Toolmaking:cutting tools, dies, and moulds requiring maximum hardness. Oil, gas, and chemicals:pipelines, heat exchangers, and tanks exposed to pressure and corrosive environments. Nuclear energy:reactor vessels, heat-transfer systems, and pipelines made from high-temperature, corrosion-resistant grades.Project TimelineWe have evaluated several design configurations and are working with leading engineering firms — Austria’s Primetals Technologies, Germany’s SMS Group, and Italy’s Danieli. By year-end, we expect to finalise entry into the project, with production to begin in 2027. Commissioning the CRC will mark a milestone in Qarmet’s growth strategy and reinforce our commitment to competing for technological leadership in global metallurgy.21/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Aug 21, 2025

Pangaea Connectivity (1473.HK) Join Hands with Mr. Chatchaval Jiaravanon from CP Group Family, Plans to Capture Growing Demand from AI, IoT, and Renewable Energy Technology
In 2025, the global artificial intelligence (AI) and high-performance computing (HPC) markets continued to see vibrant developments. With AI increasingly integrated into daily lives along with the exponential growth of the digital economy, HPC and ultra-high-speed, low-latency data transmission have become essential to economic development. According to data from the World Economic Forum, the global data center industry is currently valued at US$242.7 billion, and is projected to double to over US$584.0 billion by 2032. Meanwhile, breakthroughs in renewable energy technology not only provide more cost-effective and sustainable power solutions, but also offer strong support to the power needs of data centers and cloud computing. Hence, AI computing, IoT, and renewable energy-related stocks saw a strong rally, with leading companies such as Nvidia (NASDAQ: NVDA), Innolight (300308.SZ), and Constellation Energy (NASDAQ: CEG) all reporting gains towards historical highs. In Hong Kong, the stock market is also home to a number of related stocks, including Pangaea Connectivity (1473.HK).Cutting-edge Technology to Solidify Market PositionBy integrating cutting-edge technologies and high-performance components, Pangaea Connectivity delivers comprehensive communication solutions across the AI data centers, HPC, green energy, WiFi and IoT, and telecommunication markets. The Company has built a solid market position by leveraging leading technologies such as Linear-drive Pluggable Optics (LPO) and next-generation WiFi and integrating them into practical modules and solutions to deliver ultra-high-speed, energy-efficient, and low-latency data connectivity for applications spanning AI infrastructure, data centers, AIoT, autonomous vehicles, and smart factories etc. On the other hand, the company also developed knowhow in high-power industrial laser processing for solar back-contact (BC) batteries manufacturing. Besides, the high-power laser processing technologies are also revolutionizing printed circuit board (PCB) and semiconductor manufacturing process. Supported by its technological know-how and comprehensive offerings, the company has cemented its position as a driving force in next-generation high performance computing and AI data centers. Looking into its annual report, it is stated that a considerable portion of the company's sales now comes from electronic components used in HPC and data centers. By integrating these components with GPUs into connection modules, customers are able to build AI-optimised HPC servers, satisfying the growing needs of AI solutions. As a result, the company has experienced strong financial growth, with revenue increasing 53.8% year-on-year to record-high HK$2,128.2 million in FY2024/25. The company is also out of the red, reporting a net profit of HK$30.5 million for the financial year. Supported by International Capital and Key Member of the CP Group FamilyOn August 13, the company announced the completion of a placement, placing 199,000,000 shares at HK$0.180 per share and raising approximately HK$35.3 million in net proceeds, which will be mainly used for further business development in AI technology-related areas. A review of the transaction details reveals that one of the notable places, Mile Green Company Limited, will also become one of the major shareholders with 9.3% equity interest. Mile Green is a sustainable energy solution company with dual headquarters in Hong Kong and Thailand. Its ultimate beneficial owners comprise Mr. Chatchaval Jiaravanon (‘‘Mr. Jiaravanon’’), Mr. Maverick Hui and Ms. Gigi Chan. Among the three, Mr. Jiaravanon’s background is particularly noteworthy. He is a core member of the CP family, one of Asia's wealthiest families, as well as the owner of Fortune Media. He is also the founder and chairman of Charoen Energy and Water Asia, a renewable energy company, and Lightnet Group, a cross-border, cross-platform cryptocurrency payment platform. In addition, he has been heavily involved in the investment and development of datacentres and previously served as an Executive Director of True Corporation, one of the largest telecommunications companies in Thailand.Given Mr. Jiaravanon's extensive investments and vast resources across sectors demanding high-frequency data interaction - such as new energy, AI, IoT, and data infrastructure - the collaboration highlights the strategic motivation and potential synergies beyond traditional financial significance, which is expected to have a profound impact on the company’s future development. As the company is also planning to actively expand into Southeast Asia, the addition of Mr. Jiaravanon will also help with its regional expansion plan, while strengthening its grip in the next-generation AI computing and HPC markets.Regarding stock price performance, the company's share price has more than doubled since the announcement of its full-year results and placement on July 23. With the support from international capital, extensive regional network, expansive product offerings, and favorable industry developments, Pangaea Connectivity's long-term performance is nothing but promising.-End-21/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Aug 21, 2025

Hong Kong Ferry announces FY2025 interim results Revenue decreases by 5%
Highlights of financial resultsThe Group’s revenue for the 6 months ended 30 June 2025 amounted to HK$199 million, down by 5% as compared with the same period last year. Profit attributable to shareholders amounted to HK$122 million, up by 36% as compared with the same period last year. Earnings per share amounted to HK$0.34. An interim dividend of HK10 cents per share was declared for FY2025.(21 August 2025, Hong Kong) – Hong Kong Ferry (Holdings) Company Limited (the “Company”, which together with its subsidiaries, is referred to as the “Group”; SEHK stock code: 0050) announced interim results today for the six months ended 30 June 2025.Period Under ReviewDuring the period under review, the Group’s underlying profit for the six months ended 30 June 2025 was HK$69 million, representing a decrease of approximately 19% from the same period last year. Taking into account the fair value change of the investment properties, the Group’s profit attributable to shareholders for the six months ended 30 June 2025 was HK$122 million, representing an increase of approximately 36% from the same period last year. Earnings per share was HK$0.34 as compared with HK$0.25 over the corresponding period of last year.The Board of Directors (the ‘‘Board’’) has declared an interim dividend of HK10 cents per share (2024: interim dividend of HK10 cents per share) for the six months ended 30 June 2025. The interim dividend will be paid on Friday, 26 September 2025 to shareholders whose names appear on the Register of Members of the Company at the close of business on Friday, 12 September 2025.Property Development and Investment OperationsThe gross rental income arising from the shops and commercial arcades of the Group during the period under review amounted to HK$60 million, a decrease of 5% as compared with the same period last year. At the end of the reporting period, the commercial arcades of Metro6 were fully let. The occupancy rates of the commercial arcades of Shining Heights and The Spectacle were 95% and 91% respectively, and the occupancy rates of the commercial arcades of Green Code Plaza and Metro Harbour Plaza were 87% and 80% respectively. The decreases in gross rental income and occupancy rates were mainly attributed to certain tenants’ inability to cope with market downturn and operationaldifficulties. The Group will refine its leasing strategy by introducing new brands and operators to sustain gross rental income and occupancy rates.The Royale (8 Castle Peak Road - Castle Peak Bay, Tuen Mun) Joint Venture Development Project The Group has already delivered to buyers the 1,748 residential units sold. Some of the residential units are arranged for lease to increase the Group’s recurrent revenue.The Symphonie (280 Tung Chau Street, Cheung Sha Wan) Redevelopment ProjectDue to the improvement in private residential rental market in Hong Kong, rental yields have increased. The Group has been approved by the Urban Renewal Authority to convert the residential portion of ‘‘The Symphonie’’ for use as a youth hostel. This two-tower youth hostel will be operated by Tung Wah Group of Hospitals and named as ‘‘TN Residence’’, which is the sixth project approved by the Home and Youth Affairs Bureau under the Subsidy Scheme for Using Hostels and Guesthouses as Youth Hostels. The Group began receiving rental income at the agreed market level starting from the end of June this year.Acquisition of Shops at Portion A of Ground Floor of Tai Hung Fai (Tsuen Wan) Centre (No. 55 Chung On Street, Tsuen Wan)On 19 August 2025, the Group (through a wholly-owned subsidiary) entered into a provisional agreement with an independent third party vendor to acquire the property comprising various shops at Portion A of Ground Floor (with a gross floor area of approximately 12,720 square feet) and Signage Areas of ‘‘Tai Hung Fai (Tsuen Wan) Centre’’ at No. 55 Chung On Street, Tsuen Wan, New Territories, Hong Kong, which is a commercial development, at the consideration of HK$260,000,000 (the ‘‘Acquisition’’). The property is sold subject to various existing tenancies and licenses. The monthly rental and license fee income in August 2025 is approximately HK$1.22 million, representing an annualised gross rental yield of approximately 5.6% based on the purchase price of HK$260,000,000. The Group currently intends to hold the property for investment purpose.The Acquisition constitutes a discloseable transaction of the Company and is subject to the reporting and announcement requirements under Chapter 14 of the Listing Rules. Completion of the Acquisition is scheduled to take place on or before 30 September 2025. Further details of the Acquisition are set out in another announcement of the Company dated 19 August 2025.Ferry, Shipyard and Related OperationsDuring the period under review, the Ferry, Shipyard and Related Operations recorded a deficit of HK$12.5 million, an increase of HK$9.5 million as compared to the deficit in the same period last year. The main reason for the increase in deficit is the decline in revenue from Harbour Cruise - Bauhinia business caused by the replacement of a damaged engine in one vessel during the first half of the year. The Group has successfully obtained approval from the Transport Department for a fare increase on the ‘‘North Point - Kwun Tong’’ dangerous goods vehicular ferry service. The new fares took effect on 12 April 2025, and the deficit is expected to be reduced in the second half of the year.Medical, Healthcare and Beauty ServicesThe Group is currently providing specialised services in cardiology, surgery, orthopedics, plastic surgery and urology at H Zentre in Tsim Sha Tsui. The performance has been steadily on the rise and net profits have continued to be recorded during the period under review.The Group’s spine and pain centres established under the brand ‘‘Total HealthCare’’ at Mira Place, Tsim Sha Tsui and Metro Harbour Plaza, Tai Kok Tsui respectively are gradually getting on track. The Hong Kong Government is actively promoting public health, and its reform measures for the medical system are increasingly focused on disease prevention. In view of this, the Group has introduced advanced medical equipment in conjunction with professional registered chiropractors and sports trainers, to provide personalised treatment plans for pain-suffering patients, which helps improve the health of patients. To extend its services and better address the rehabilitation needs of various patients in orthopedics, post-surgery and various types of injuries, the Group has also partnered with a professional fitness centre with over 20 years of experience in Hong Kong to establish a physiotherapy center at H Zentre. The center will provide customised training and rehabilitation programs tailored to individual patients, and is expected to commence operations in the third quarter this year.The number of customers of the ‘‘AMOUR’’ medical aesthetic centre located at Mira Place, Tsim Sha Tsui, with a floor area of about 12,000 square feet, has increased continuously since its opening. The turnover for the six months ended 30 June 2025 was HK$22 million, an increase of 26% compared with the same period last year. As at 30 June 2025, HK$15 million was recorded as payments received for prepaid packages, which in accordance with standard accounting practices had not been included in the income statement of the period under review. As the ‘‘AMOUR’’ medical aesthetic centre approaches its third anniversary, it has expanded its leased space at Mira Place to leverage existing infrastructure and create operational synergies. This enhancement allows the centre to deliver an elevated experience for its esteemed clientele, enabling the Group to offer a broader range of services and accommodate growing customer demand.During the period under review, although the Group’s healthcare and beauty businesses did not record a net profit, it achieved overall positive earnings before interest, taxes, depreciation and amortisation. The Group will continue discussing with specialist doctors, specialist centres, and medical equipment and product suppliers for co-operation from time to time to seek expansion in the medical, healthcare and beauty businesses.ProspectsLooking ahead to the second half of the year, the Group expects its major sources of revenue to be property rentals and bank interest income. The Group has stable cash flows and will adjust leasing strategies tailored to market demand, optimise tenant mix consistently and keep a close watch on property market conditions to identify suitable investment opportunities.Mr. Gabriel Lee, General Manager of Hong Kong Ferry, said, “Over the past decades, the Group has successfully transformed itself from a ferry and shipyard focused business into an integrated conglomerate. Moving forward, the Group will remain committed to supporting our communities by always “Putting people first” across our diversified development, seizing each opportunity to guard the health and wellbeing, and strive to fulfill its responsibilities and commitments for social development.”For more details, please refer to the 2025 interim results announcement on the Company website at www.hkf.com and the HKEX News website at www.hkexnews.hk.-End-About Hong Kong Ferry (Holdings) Company LimitedEstablished in 1923, Hong Kong Ferry (Holdings) Company Limited is principally engaged in property development and investment, Ferry and shipyard operations, medical, healthcare and beauty services.For further information, please contact:Karen ChuiTel: (852) 2159 7719Fax: (852) 3568 8941Email: ir@hkf.com20/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Aug 20, 2025

Sunny Optical Technology's Profit Attributable to Shareholders Jumps 52%+ in H1 2025 on High-End Shift Success
(19 August 2025 – Hong Kong) The world's leading integrated optical components and products manufacturer — Sunny Optical Technology (Group) Company Limited (the “Group”) (Stock Code: 2382.HK) today announced its interim results for the period ended 30 June 2025. For the six months ended 30 June 2025, the Group's revenue was approximately RMB19.65 billion, increased by approximately 4.2% YoY. Gross profit was approximately RMB 3.89 billion, grew by approximately 20.0% YoY; the gross profit margin was approximately 19.8%, rose by approximately 2.6 percentage points YoY. Profits attributable to shareholders for the period were approximately RMB 1.65 billion, surged approximately 52.6% YoY. Building on the outstanding performance of the first half of last year, the Group's profits attributable to shareholders continued to grow strongly again in the first half of this year, delivering a high-quality performance that fully demonstrated the profound potential and sustainability of the Group's high-end transformation strategy. Management highlighted that the increased share of revenue and higher profit margins from high-end product offerings, including vehicle related products, high-end handset lens sets and camera modules, serve as the core engine driving sustained high growth in performance.Benefiting from the accelerating adoption of smart driving, the Group's automotive related business—its key growth driver—has seen accelerating expansion. In the first half of 2025, revenue of vehicle related businesses grew by approximately 18.2% YoY, of which vehicle lens sets and vehicle modules businesses maintained rapid growth and accelerated expansion into domestic and overseas markets, further consolidating their leading position in the industry. At the same time, the Group also successfully obtained numerous designated projects in LiDAR, further optimizing highly competitive matrix of vehicle products. Relying on its continued leadership in core technologies and breakthrough progress in its globalization strategy, the Group's vehicle business has established strong competitiveness covering all scenarios, and its growth momentum is expected to be further unleashed in the wave of smart driving.Amid the mature smartphone market, the Group remains committed to enhancing its high-end product portfolio and value extraction, driving a structural improvement in the profitability of its smartphone related businesses. In the first half of 2025, premium offerings—including 6 pieces and above handset lens sets, glass-plastic hybrid lens sets, large-image-size modules and periscopic modules—significantly accelerated their revenue, emerging as the key driver of enhanced profitability. Leveraging deep technological moats and scale advantages, coupled with the industry megatrend toward extreme miniaturization and imaging specialization, the Group is confident that its mobile business will continue providing robust support and growth momentum for the overall development.In XR and pan-IoT, robust demand for smart glasses and handheld imaging devices significantly boosted market confidence in the first half of 2025. During the period, the Group maintained its global No.1 market share in smart glasses imaging modules while achieving substantial revenue growth from handheld imaging devices. Building on deep technological expertise and extensive customer networks established in automotive and smartphones, the Group has strategically positioned itself in these high-potential emerging markets, laying a solid foundation for capturing future growth opportunities.Looking ahead, the Group will seize optical sensing opportunities triggered by AI, unleash new growth through horizontal and vertical technological layout as well as drive full-chain optimization with data closed loops in order to anchor sustainable performance growth.19/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Aug 19, 2025

Huitongda Network (9878.HK) Reached Comprehensive AI Collaboration Agreement with Alibaba Cloud Jointly Develop “AI+Industry” Ecosystem to Drive Rural Markets’ Digital Transformation
(11 August 2025, Hong Kong) Huitongda Network Co., Ltd (9878.HK), a leading industrial internet company in China empowering rural family-owned stores with its digital technology and supply chain capabilities, is pleased to announce a comprehensive AI collaboration agreement with Alibaba Cloud, which was signed on 8 August 2025. Focused on smart retail, member operations, and smart supply chains, the two parties will jointly develop AI+ digital solutions for the rural markets, supporting the intelligent upgrading of rural commerce and related industries.Wang Jianguo, Chairman of Fivestar Holdings and Huitongda Network, and Liu Weiguang, Senior Vice President of Alibaba Cloud Intelligence Group and President of Public Cloud Business, witnessed the signing ceremony. Sun Chao, Vice President of Huitongda Network and CEO of Huitong Datatech Smart Technology, and Li Hao, Head of Alibaba Public Cloud in Jiangsu and Anhui, signed the agreement on behalf of both parties.Extensive Operating Data + AI to Boost Store Operating Efficiency and Consumer WillingnessFor a long time, retail stores in rural markets have faced challenges such as low operational efficiency and low accuracy of product recommendations. Large Language Models (LLM), with their powerful data analysis and decision-support capabilities, offer a key solution to these issues. Under the collaboration, the “Qwen” LLM and its AI capabilities will be integrated into Huitongda's business platform, creating an “Small Shop LLM Agent”. This digital assistant will automate tasks including customer reception and inquiry handling to boost sales and profits. It is also capable of auto-generating and executing marketing and event plans, and providing improved product recommendations and inventory management, which will greatly improve the intelligent servicing capability of its S2b2c supply chain. In addition, the “Sales Forecast AI Agent”, which has integrated Alibaba Cloud's AI capabilities with Huitongda’s industry data, will also provide stores with precise procurement and stocking solutions, further improving supply chain efficiency.Leveraging cloud resources and computing power, the two parties will jointly accelerate the digital development of rural markets. Specifically, Alibaba Cloud will provide Huitongda with cloud computing resources and high-performance computing power to support Huitongda’s needs in AI model training and inferencing, allowing rapid iteration and transformation of industry models. Meanwhile, the two parties will also seek to deepen collaboration on product distribution and user data analysis, exploring methods such as targeted traffic investment to continuously activate rural markets. The two parties will form a professional collaboration team, with Alibaba Cloud providing solution architects and other professionals to Huitongda, developing new applications based on Alibaba Cloud's full-stack AI products.Empowering approximately 250,000 Member Stores, Serving 300+ Million ConsumersAs a leader in urban-rural product circulation and rural digital penetration, Huitongda Network now operates a network of 248,000 member stores across 21 provinces, ranking first in scale in the B2B rural market servicing sector. With a growing focus on “AI+SaaS” development, its Service Business revenue reached RMB 610.5 million in 2024. The company was listed on the Main Board of the Hong Kong Stock Exchange in 2022.Alibaba Cloud, the largest public cloud service provider in China and the Asia-Pacific, has developed the globally leading “Qwen” LLM. In the recent Chatbot Arena rankings, a reputable international large model evaluation platform, Alibaba's new Qwen3 ranked third globally among all closed and-open-source models, setting a record for the highest-scoring global open-source model and domestic model to date.This comprehensive “AI+Industry” collaboration, focused on “expanding the blue ocean market”, will not only increase both parties’ market share and service revenue in sinking markets but also carry profound social significance. In particular, leveraging Huitongda's extensive channel network, the two parties will extend AI capabilities to county-level regions. This not only responds to the national strategies of “Digital China” and “Rural Revitalization” but also narrows the urban-rural digital divide, empowers millions of rural family-owned stores, and enables groups to benefit from technological progress. In will also support “new farmers” and promote the equitable flow of social resources.- End -About Huitongda Network Co., Ltd.Huitongda Network (9878.HK) is a leading industrial internet company dedicated to serving rural family-owned retailers in China’s rural markets. Supported by its digital technology and supply chain capabilities, the Group strives to provide member stores with stable and efficient one-stop supply chain solutions, as well as SaaS+ services and merchant solutions for its member stores, channel partners, brand manufacturers, and other stakeholders along the value chain. The comprehensive solutions allow the Group to create a unique digital ecosystem with niche business opportunities.As of December 31, 2024, Huitongda Network has established a retail ecosystem with its 248,000+ member stores in China, covering 21 provinces and municipalities and more than 25,000 villages and towns. The Company was listed on the main board of the Stock Exchange of Hong Kong (SEHK) on February 18, 2022.This press release is issued by DLK Advisory Limited on behalf of Huitongda Network Co., Ltd..For enquiries, please contact:DLK Advisory 金通策略Telephone: +852 2857 7101Fax: +852 2857 7103pr@dlkadvisory.com11/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Aug 11, 2025

China XLX Announces 2025 Interim Results
Press Release(For immediate release)China XLX Announces 2025 Interim ResultsQ2 Profit Saw Strong QoQ Rebound On Improved Sales Volume and Selling Prices of Products2025 Interim Results Highlights:Q2 revenue grew by 16.7% QoQto approximately RMB 6.82billion. Profit attributable to owners of the parent for Q2 surged by 103.4% QoQto approximately RMB 402million. The Group continuedto optimize the debt structure, with the ratio of long-term borrowings to short-term borrowings improved from 6:4 at the beginning of this yearto 7:3 at the end of June and the finance expenses dropped by 14% YoY in the first half. The debt-to-assetratio stayed at a healthy level of 63.5%.(10 August 2025, Hong Kong) China XLX Fertiliser Ltd. (“China XLX” or the “Company”, together with its subsidiaries collectively referred to as the “Group”), announced that the Group’s revenue for the three months ended 30 June 2025 grew by 16.7% quarter-on-quarter to approximately RMB 6.82 billion. Profit attributable to owners of the parent for the period climbed 103.4% quarter-on-quarter to approximately RMB 402 million.In the first half of this year (the “Review Period”), the Group posted revenue of approximately RMB 12.666 billion, up 5.0% year-on-year. Profit attributable to owners of the parent for the period reduced by 12.8% year-on-year to approximately RMB 599 million.While the Group’s first-quarter results were dragged by lower product prices, its second-quarter results significantly improved from previous quarter. The selling prices of its products, in particular those of urea and melamine, remarkably rebounded in the second quarter on a gradual pickup in downstream demand. Underpinned by enhanced marketing efforts and orderly deployment of new production capacity, the Group’s revenue steadily grew as the sales volumes of different products increased at varying degreesRevenue from urea sales in the first half amounted to approximately RMB 3.225 billion, down by 16% year-on-year mainly due to 19% year-on-year decrease in average selling price. Owing to a combination of factors including market imbalance, export control and reduction in feedstock prices, urea selling prices spiraled downwards early this year and hence dragged down the average selling price of urea for the first half. Nevertheless, urea prices gradually picked up in the second quarter and grew by 10% from previous quarter as the urea export policy became clear and downstream demand was continually unleashed. The Group seized the opportunity arising from eased export control to vigorously expand into overseas markets, resulting in an increased export of 47,000 tons from a year ago and 4% year-on-year growth in the sales volume of urea. Moreover, it continued to strengthen the production technology and took advantage of the favorable environment from declined coal prices to bargain with suppliers for greater reduction in coal costs. As a result, the average production cost came down by 7% year-on-year.Mainly driven by 8% year-on-year growth in sales volume, revenue from the sale of compound fertilisers grew by 5% year-on-year to approximately RMB 3.566 billion in the first half. The successful commissioning of Guangxi Production Base enabled the Group to cover the Guangdong, Guangxi and Hainan markets. The robust agricultural demand in South China, a major cash crop producing area, drove steady growth in the sales volume of compound fertilisers and led to 11% year-over-year increase in the sales volume of high-efficiency fertilisers. Guangxi Production Base allows the Group to better serve the regional markets.Revenue from the sale of methanol reached approximately RMB 1.642 billion in the first half, representing 27% year-over-year growth. As the growth pace of production capacity in the market slowed down and many downstream facilities commenced operation, the methanol market showed signs of improvement. In the context of such market environment, the Group signed strategic long-term agreements with upstream suppliers in advance. With stepped-up efforts to stabilize the selling prices and expand foreign trade, the sales volume of methanol grew 28% year-on-year.During the Review Period, the Group continued to optimize the debt structure and expand the financing channels, with the ratio of long-term borrowings to short-term borrowings improved from 6:4 at the beginning of this year to 7:3 at the end of June. Such loan arrangements not only aligned with the development cycles of the Group’s projects and fully met their funding needs, but also helped mitigate the Group's short-term debt repayment pressure and further strengthened its debt structure.Meanwhile, the Group took advantage of interest rate cuts to refinance high-interest loans, resulting in 0.8 percentage point decrease in average lending rates and 14% year-on-year decrease in finance expenses in the first half. As of the end of June, the Group's debt-to-asset ratio remained at a healthy level of 63.5%. When the Phase II of Jiangxi Project commences operation in the third quarter of this year as planned, it will generate positive cash flow to the Group in the second half, hence reducing the pressure from capital expenditures for the full year and keeping its debt-to-asset ratio within a reasonable range.Looking ahead into the second half, Mr. Liu Xingxu, Chairman of China XLX, said: Urea prices are expected to stabilize amid sufficient supply in domestic nitrogenous fertiliser market, stable demand and orderly adjustment of urea exports. Furthermore, as the modernization of China’s agriculture gathers momentum, the country’s crop cultivation areas will continue to expand. There is robust demand for high-efficiency fertilisers from large-scale farmers.Mr. Liu Xingxu noted that the Group is China’s leading advocate for high-efficiency fertilisers. It is committed to the research and applications of advanced technology such as slow-release and controlled-release fertilisers and fertigation. Through vigorous efforts to promote the economical use of water and fertilisers, the efficient planting to boost yields and the fertiliser applications for modern agriculture, the Group reinforces its competitive edges in the market. Meanwhile, it will stick to the strategy of driving “high-quality development based on fertiliser business”. By establishing a strong foothold on synthetic ammonia production, it will leverage the economies of scale and the production base model to achieve low-cost operation in coal gasification through efficient recycling of resources at production bases.The Phase II of Jiangxi Production Base is slated for production in the third quarter of this year, and the New Chemical Materials Project at Xinxiang Production Base is scheduled to commence operation in the first quarter of 2026. Meanwhile, the development of new production bases in Guangxi and Zhundong is progressing on schedule. When all facilities under construction are fully operational by 2027, the Group’s cash inflow will significantly outstrip its capital expenditures and hence create a virtuous cycle of “investment, output and growth”.~ END ~About China XLX Fertiliser Ltd.China XLX Fertiliser Ltd. is one of the largest and most cost-efficient coal-based urea producers in China. It is principally engaged in developing, manufacturing and selling of urea, compound fertiliser, methanol, dimethyl ether, melamine, furfuryl alcohol, furfural, 2-methylfuran, pharmaceutical intermediates and related differentiated products. The Group adheres to the development strategy of “maintaining overall cost leadership and creating competitive differentiation" while strengthening the core fertiliser operations. With support of the resources in Xinxiang, Xinjiang and Jiangxi, it extends the value chain to upstream new energy and new materials and diversifies into coal chemical related products. The Company’s shares (stock code: 01866.HK) are traded on the main board of the Hong Kong Stock Exchange.Investor and Media Enquiries China XLX Fertiliser Ltd. Gui Lin Tel: 86-135-6942-3415 Email: gui.lin@chinaxlx.com.hk PRChina Limited Rachel Chen Tel: 852-2522 1368 / 852-2522 1838 Email: rchen@prchina.com.hk File: 【Press Release】China XLX Announces 2025 Interim ResultsFile: China XLX Announces 2025 Interim Results10/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Aug 10, 2025

Newborn Town Inc. (SEHK: 9911) Issues Positive Profit Alert for First-Half 2025: Adjusted Operating Profit Surpasses RMB 600 Million, while the Profit Attributable to the Company's Equity Shareholders
Newborn Town Inc. (SEHK: 9911) Issues Positive Profit Alert for First-Half 2025:Adjusted Operating Profit SurpassesRMB600Million, while the Profit Attributable to the Company's Equity ShareholdersIncreases over 108% YoYOn August 6th, Newborn Town (9911.HK) released a positive profit alert for the first half of 2025. The Group achieved rapid revenue expansion alongside a substantial increase in profit, driven by the dual-engine growth of its social networking and innovative businesses. For the six months ended June 30th, 2025, the Group's total revenue is estimated to reach RMB 3,135 million and RMB 3,215 million, representing a year-on-year increase of approximately 38% to 41.5%. Profit attributable to equity shareholders of the company is expected to range from RMB 470 million to RMB 510 million, reflecting a year-on-year increase of approximately 108.9% to 126.7%. Adjusted EBITDA is projected to range from RMB 630 million to RMB 670 million, showing a year-on-year increase of 40.6% to 49.6%.AI Applications Intensify: Products with "Tens of Millions" Monthly Recharge Set to Expand in Three YearsIn the first half of 2025, the social networking business delivered robust profit growth. According to the announcement, the growth was driven by the continued expansion of diversified social products supported by AI technology, as well as the complete consolidation of NBT Social Networking Inc.’s financials following the acquisition of its non-controlling interests in December 2024.Newborn Town’s global product portfolio continued to scale across markets. While flagship products like MICO and YoHo remained as steady contributors of profit and cash flow, the revenue contribution from newer products such as SUGO and TopTop continued to rise in the first half of 2025.During this period, Newborn Town also made significant strides in key markets like MENA. Through refined operational strategies, Newborn Town has enhanced user experience and monetization efficiency, further unlocking the market’s vast potential. Meanwhile, the company has been deepening its "product replication + country replication" strategy to actively explore new markets. Currently, some products have already successfully entered these new regions.AI continues to empower the Group’s products with deeper applications across operational scenarios. The self-developed multimodal algorithm Boomiix continues to be upgraded, enhancing social matching precision and intelligent operations, particularly effective in user acquisition across new markets and long-tail user engagement. Each key part of the R&D function of the company also applied AI technology to improve efficiency. For example, the self-development internal AIGC tools adopted by the design team have significantly enhanced efficiency in areas like virtual gift remix, animation effects addition and graphic design. With deeper market understanding, stronger localized operations, and broader AI integration, the Group is accelerating the pace of blockbuster product incubation. Over the next three years, two new products under development are expected to reach monthly recharge exceeding USD 10 million, further expanding the scale of the social networking business. The Group’s diverse-audience social networking business (LGBTQ) sustained solid development in global markets. Through iterating social features and deepening content ecosystems, user experience and engagement depth under the business segment further improved. In addition, brand campaigns and social responsibility initiatives have elevated overall brand awareness and influence. At the beginning of 2025, HeeSay GALA events were held in Thailand and the Philippines, encouraging users to co-create vibrant, diverse community ecosystems with HeeSay.Innovative Business Accelerated Growth, withGlobal Expansion Entering a New PhaseIn the first half of 2025, as the moat around the social networking business continues to strengthen, Newborn Town’s second growth curve—powered by quality games and social e‑commerce—has become increasingly mature.Revenue from the innovative business is expected to reach RMB 335 million to RMB 355 million, up approximately 65.0% to 74.9% year-on-year. According to the announcement, the growth was driven by solid traffic monetization and social e‑commerce performance, as well as contributions from quality games, which began monetizing in Q4 2024.Social e-commerce saw a notable performance boost, driven by upgraded user services, diversified business ecosystem, and expanded acquisition channels. In the first half of 2025, Heer Health achieved steady growth, further solidifying its leadership in the sexual health service and HIV prevention and control segments.Following its initial revenue contribution last year, Newborn Town’s quality games segment officially entered a profit-generating phase in 2025. Flagship product, Alice’s Dream: Merge Games moved into long-term operation, delivering steady returns. Leveraging its experience in the merge-game category, the Group has significantly shortened development cycles. Key metrics such as user retention and ARPU have remained strong, while new game development is progressing smoothly.In June 2025, Newborn Town officially established its global headquarters in Hong Kong, marking another milestone in the company’s worldwide expansion and signaling a new chapter in its globalization strategy. Moving forward, the company will leverage Hong Kong as a strategic global hub, working closely with its R&D and operations centers worldwide. Through technological innovation and localized operations, Newborn Town will further expand its global business and create positive emotional value to users worldwide.About Newborn TownNewborn Town has grown into a leading technology company which was listed on the Main Board of the Hong Kong Stock Exchange (HKEX) in 2019 under the stock code 9911.Committed to creating positive emotional values worldwide, Newborn Town has developed a diverse portfolio of applications in the social networking and entertainment sectors. Its social apps include MICO, YoHo, TopTop, SUGO and HeeSay, together with gaming products like Alice's Dream: Merge Games. These applications have achieved widespread acclaim, reaching over one billion users in over one hundred countries and regions.Newborn Town considers the Middle East and North Africa (MENA) region a key market and has also extended its influence in Southeast Asia, Europe, the United States, Japan, and South Korea. The company aims to become the world's largest social entertainment company.For enquiries, please contactDLK Advisory pr@dlkadvisory.com06/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Aug 6, 2025

Private Listings by Harold X Clarke Finalizes Landmark $8.75M Sale in South Kohala
South Kohala, Hawaii - August 06, 2025 - (SeaPRwire) - Private Listings by Harold X Clarke, a leading platform specializing in discreet, high-value real estate transactions, has finalized the sale of a prominent luxury estate in the Kolea Subdivision of Waikoloa Resort for $8,750,000. The transaction closed on May 12, 2025 in an all-cash deal.Located at 69-1069 Kolea Kai Circle, the oceanfront residence—known as "The Blue Wave"—features 4 bedrooms, 4 full and 2 half bathrooms, a home theater, private office, basketball court, and expansive indoor-outdoor living spaces. The 5,131-square-foot home sits on more than 31,000 square feet of land and includes an infinity-edge pool, koi pond, spa, and panoramic views over Anaeho'omalu Bay."This property represents the kind of rare opportunity that our Private Listings platform is designed for," said Harold X Clarke, founder and principal broker of MegaCapital Hawaii Corp. "It's a transaction that required confidentiality, precision, and a highly tailored approach - exactly what we specialize in."The home was publicly listed for $9,850,000, and Clarke represented the buyer in the transaction. Through strategic and aggressive negotiation, Clarke secured the property for $8,750,000, saving the client more than $1 million off the asking price.The sale took place during a period of short-term market uncertainty following the announcement of new tariffs earlier in the quarter. Despite this, Private Listings continued to see consistent engagement from global buyers, underscoring the resilience of Hawaii's top-tier real estate segment."Even with some short-term volatility, our network ensures we keep connecting Hawaii's most exclusive real estate to discerning clients," Clarke added. "Many of our clients are not dependent on economic or political shifts - they act on their goals with a 'life is now, not later' mindset."Following the tariffs announcement, market activity experienced a brief pause. However, interest and transactions have rebounded in recent weeks across key markets on the island, particularly in the ultra-luxury category.The Blue Wave's primary suite features a retractable roof, allowing for open-sky views at night, while its integrated Control4 system delivers modern convenience throughout the home. Additional amenities include a 4-car garage, indoor hot tub, and close proximity to high-end shopping, restaurants, and white sand beaches.Identities of both buyer and seller remain confidential under the platform's non-disclosure protocols.About Private Listings by Harold X ClarkePrivate Listings is a division of MegaCapital Hawaii Corp, led by Harold X Clarke, offering private, invitation-only access to Hawaii's most exclusive real estate opportunities. Designed for ultra-high-net-worth individuals, the platform specializes in off-market transactions with a focus on discretion, strategic negotiation, and unmatched regional intelligence.Contact InformationHarold X ClarkePrincipal Broker, MegaCapital Hawaii CorpEmail: harold@private-listings.comPhone: (808) 282-0689Website:https://private-listings.com06/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Aug 6, 2025


