EQS Group

Milan, Italy - April 11, 2025 - (SeaPRwire) - Zakeke, a leading Visual Commerce platform, proudly announces the launch of its new 3D Digital Asset Manager. This powerful platform enhances Zakeke's suite by enabling the creation, storage, and management of 3D models and catalogs - without high costs or long wait times. The platform makes 3D more accessible, even for small brands, while Zakeke aims to democratize immersive technologies across various industries, including fashion, furniture, jewellery, and sports equipment.The 3D Digital Asset Manager addresses a critical need in the e-commerce sector by offering a comprehensive suite of tools that simplify the creation, storage, and sharing of 3D models. With its advanced technology, businesses can effortlessly convert 2D images into 3D models without needing a 3D artist, eliminating costly photoshoots and physical samples. This streamlines workflows and reduces waste, making it a more sustainable solution by minimizing the need for excess inventory and physical prototypes. The platform integrates seamlessly with e-commerce platforms, allowing businesses to showcase hundreds of product variants in seconds without requiring extensive IT expertise.CEO Angelo Coletta emphasizes the importance of this launch, stating, "Our 3D Digital Asset Manager will transform how companies approach product visualization and customer interaction. The streamlined creation and management of 3D assets lets businesses focus on what matters most—enhancing customer experience and driving sales. Furthermore, the accessibility of 3D to all empowers small brands to compete effectively with larger enterprises."Improving Operational Efficiency and Customer EngagementThe 3D Digital Asset Manager creates operational efficiency by providing a centralized hub for managing all 3D assets. This eliminates file chaos and allows businesses to collaborate on 3D models more effectively. Teams work together seamlessly, managing permissions and aligning all stakeholders in their marketing efforts. Additionally, the platform offers performance analysis tools, enabling businesses to track 3D model interactions and refine their marketing strategies based on real-time data.The global e-commerce market continued to grow throughout 2024, emphasizing immersive shopping experiences. Consumers now expect interactive and engaging content, which drives the demand for 3D digital assets. Zakeke's solution meets this demand by providing businesses with tools to create dynamic marketing materials, such as automated 360° GIFs and videos, greatly enhancing audience engagement.The platform supports no-code 3D model sharing, allowing businesses to share their assets instantly via links or QR codes. This feature enables companies to spread their 3D content across various digital platforms, further amplifying their brand presence and customer interaction.Real-World Applications and Future ProspectsIn real-world applications, Zakeke's 3D Digital Asset Manager demonstrates substantial potential across various sectors. Fashion brands now showcase hundreds of styles in 3D, reducing the need for physical samples and photoshoots. Meanwhile, furniture companies manage numerous 3D models with ease, optimizing their operational efficiency. Sports brands utilize the platform to create engaging marketing materials for limited-edition gear, enhancing their merchandising strategies.Businesses can integrate Zakeke's 3D Digital Asset Manager into their e-commerce infrastructure with minimal setup required. Subsequently, this seamless integration ensures that companies quickly start creating, managing, and sharing 3D models without extensive technical expertise.Angelo Coletta concludes, "Looking toward the future, we believe that our 3D Digital Asset Manager will play a pivotal role in shaping the e-commerce landscape. Empowering businesses of all sizes to harness the power of 3D enhances product visualization while opening new avenues for customer engagement and brand storytelling."Visit Zakeke's Website to learn more about the 3D Digital Asset Manager and how it can transform your business operations.About ZakekeZakeke pioneers visual commerce solutions, offering a comprehensive suite of tools designed to enhance the online shopping experience. With a focus on advancement and user-friendly technology, Zakeke serves thousands of businesses across various industries, helping them stay at the forefront of e-commerce trends. The company positions itself as a leader in the field through its dedication to advancing visual commerce technology, continuously pushing the boundaries of what's possible in online retail.Contact InformationContact: Alessia DozzoBrand: ZakekeWebsite: https://www.zakeke.comEmail: a.dozzo@zakeke.com11/04/2025 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

Huitongda Network (9878.HK) Launches new AI+ Products and Strategy, Drives Domestic Consumption DemandOn April 10, 2025, Huitongda Network (9878.HK) held an "AI+ Strategy and Product Launch Event,” while introducing its new program for nurturing young business owners.At the event, Huitongda Network unveiled a series of latest AI+ products and solutions, covering the needs of its member stores across different operation scenarios, with more than 50 agents supporting member stores to double their efficiency. Meanwhile, considering the growing importance of rural markets in stabilizing and driving economic and innovation development, Huitongda Network also announced its “AI+ strategy”, introducing its “1 cloud + 3 infrastructure” integrated AI system that consolidates cloud, edge, and terminal into one, which would be critical in facilitating the goods flow and intelligent trade development between urban and rural areas. “1 Cloud + 3 Infrastructure”: 50+AI Solutions to Double Store and Value Chain Efficiency “We have reached the era of result-oriented AI agents.” Sun Chao, Vice President of Huitongda Network and CEO of Huitong Datatech Smart Technology, explained the Company's latest "AI+ strategy”.“Huitongda Network is moving on from SaaS+ to AI+, using AI agents and smart terminals as its core in developing its Qiancheng Cloud AI System. The bundle is expected to provide rural family-owned businesses and upstream manufacturers with 50+ AI solutions, capable of boosting the efficiency of goods circulation between urban and rural areas.”Sun Chao gives further color on the implementation of AI+ strategy: “1 Cloud” refers to the upcoming launch of industry vertical large model “Qiancheng Cloud AI”; the “3 Infrastructure” refers to “AI+ industrial platform services” that connects upstream branded manufacturers with its member stores, which would allow its members to enjoy a competitive, intelligent supply chain, capable of facilitating the transaction of long-tail and personalized products; “AI+SaaS services” with products such as “AI+ supply chain” and “AI store”, which will be able to improve the procurement efficiency and boost transaction volume of its member stores; and “AI+ smart terminal services”, in which Huitongda Network established deep cooperation with AI hardware manufacturers to satisfy the proactive, localized and personalized AI needs of small businesses.“Taking our ‘AI+SaaS services’ as an example, our new ‘Qiancheng AI Super Store Manager’ APP has introduced 15 all-rounded AI agent solutions, focusing on 8 different aspects of operations, including procurement, marketing, activities, innovation, operation, sales, customer services, and community engagement. The solutions are expected to help retailers improve their daily operational and management efficiency, particularly in intelligent product management, marketing content production, multi-media content creation, and operational support.“For ‘AI+ smart terminal services’, we officially announced the launch of 2 different series of edge computing machines, ‘Xuanwu’ and ‘Zhongshan’, able to provide convenient one-stop AI solutions for our upstream and downstream clients.Sun Chao said Huitongda Network will focus on the implementation of “1 Cloud + 3 Infrastructure” strategy, in order to create more versatile agent application solutions, edge computing machines, and AI robots etc., providing further push to member stores’ operational efficiency. Cooperation between Government and Enterprise, Integration of Software and Hardware, the Launch of “Jiangsu Youth Store” project and “Qiancheng AI Ecosystem”During the event, Huitongda Network and its partners, including the Youth League of Jiangsu Provincial Committee, Sunmi Technology, ThinkForce Chip, Hikvision, and EZVIZ Network, announced the launch of 2 separate initiatives to support the implementation of the “1 Cloud + 3 Infrastructure” strategy.As a strategic partner of the "Jiangsu Youth Store" nurturing plan of the Youth League of Jiangsu Provincial Committee, Huitongda Network also announced the 2025 plan at the event. Both parties are going to provide comprehensive AI+ empowerment to more than 10,000 youth stores in 2025, helping young store managers to achieve sustainable development in AI applications, intelligent supply chain, digital marketing, and other aspects.At the same time, Huitongda Network also reached a strategic cooperation agreement with chip and hardware manufacturers, including ThinkForce Chip, Hikvision, EZVIZ Network, Sunmi Technology, etc to build a software and hardware integrated AI-service alliance. It has also kick-started its “Qiancheng AI Ecosystem Partnership Program”, providing member stores and industrial customers with diversified, personalized, integrated, and modularized AI solutions.From Digitalization to Intelligent Development, Huitongda Network “AI+Industry” to Boost Domestic Consumption DemandAs an industrial internet company that has been focusing on China’s rural markets, Huitongda Network has been pushing the transformation and upgrades of rural family-owned businesses with its digital technology and intelligent supply chain capability. Xu Xiuxian, Chief Executive Officer of Huitongda Network, highlights the Company’s cloud-based services and offline touchpoints, with its 250,000 member store network across the country, covering 21 provinces, 25,000 towns and villages.“The rural market has become a stabilizer and innovator in the country’s economic development. In the past 15 years, Huitongda Network has built a unique business ecosystem, proving itself against market cycles. On the backdrop of a growing emphasis on domestic consumption and technological development, Huidongda Network’s pursuit of AI will not only make us as an effective conductor, but also a platform that would drive the efficiency of rural market’s value chain.”Xu Xiuxian added, “Through the 3 major infrastructure (AI+SaaS services, AI+ smart terminal services, AI+ industrial platform services) from our ‘AI+ Strategy’, we expect to create notable synergies with our 3 major supply chain initiatives (brand express project, self-owned brand portfolio expansion, and open-ended intelligent supply chain). In the AI era, Huitongda Network will aim at promoting steady and high-quality development of enterprises through intelligent technology and intelligent supply chain, while also fulfilling its corporate mission of stimulating domestic demand, increasing local consumption, and energizing the development of rural economies in China.”File: Huitongda Network (9878.HK) Launches new AI+ Products and Strategy, Drives Domestic Consumption Demand11/04/2025 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

Huitongda Network (9878.HK) Launches new AI+ Products and Strategy, Drives Domestic Consumption DemandOn April 10, 2025, Huitongda Network (9878.HK) held an "AI+ Strategy and Product Launch Event,” while introducing its new program for nurturing young business owners.At the event, Huitongda Network unveiled a series of latest AI+ products and solutions, covering the needs of its member stores across different operation scenarios, with more than 50 agents supporting member stores to double their efficiency. Meanwhile, considering the growing importance of rural markets in stabilizing and driving economic and innovation development, Huitongda Network also announced its “AI+ strategy”, introducing its “1 cloud + 3 infrastructure” integrated AI system that consolidates cloud, edge, and terminal into one, which would be critical in facilitating the goods flow and intelligent trade development between urban and rural areas. “1 Cloud + 3 Infrastructure”: 50+AI Solutions to Double Store and Value Chain Efficiency “We have reached the era of result-oriented AI agents.” Sun Chao, Vice President of Huitongda Network and CEO of Huitong Datatech Smart Technology, explained the Company's latest "AI+ strategy”.“Huitongda Network is moving on from SaaS+ to AI+, using AI agents and smart terminals as its core in developing its Qiancheng Cloud AI System. The bundle is expected to provide rural family-owned businesses and upstream manufacturers with 50+ AI solutions, capable of boosting the efficiency of goods circulation between urban and rural areas.”Sun Chao gives further color on the implementation of AI+ strategy: “1 Cloud” refers to the upcoming launch of industry vertical large model “Qiancheng Cloud AI”; the “3 Infrastructure” refers to “AI+ industrial platform services” that connects upstream branded manufacturers with its member stores, which would allow its members to enjoy a competitive, intelligent supply chain, capable of facilitating the transaction of long-tail and personalized products; “AI+SaaS services” with products such as “AI+ supply chain” and “AI store”, which will be able to improve the procurement efficiency and boost transaction volume of its member stores; and “AI+ smart terminal services”, in which Huitongda Network established deep cooperation with AI hardware manufacturers to satisfy the proactive, localized and personalized AI needs of small businesses.“Taking our ‘AI+SaaS services’ as an example, our new ‘Qiancheng AI Super Store Manager’ APP has introduced 15 all-rounded AI agent solutions, focusing on 8 different aspects of operations, including procurement, marketing, activities, innovation, operation, sales, customer services, and community engagement. The solutions are expected to help retailers improve their daily operational and management efficiency, particularly in intelligent product management, marketing content production, multi-media content creation, and operational support.“For ‘AI+ smart terminal services’, we officially announced the launch of 2 different series of edge computing machines, ‘Xuanwu’ and ‘Zhongshan’, able to provide convenient one-stop AI solutions for our upstream and downstream clients.Sun Chao said Huitongda Network will focus on the implementation of “1 Cloud + 3 Infrastructure” strategy, in order to create more versatile agent application solutions, edge computing machines, and AI robots etc., providing further push to member stores’ operational efficiency. Cooperation between Government and Enterprise, Integration of Software and Hardware, the Launch of “Jiangsu Youth Store” project and “Qiancheng AI Ecosystem”During the event, Huitongda Network and its partners, including the Youth League of Jiangsu Provincial Committee, Sunmi Technology, ThinkForce Chip, Hikvision, and EZVIZ Network, announced the launch of 2 separate initiatives to support the implementation of the “1 Cloud + 3 Infrastructure” strategy.As a strategic partner of the "Jiangsu Youth Store" nurturing plan of the Youth League of Jiangsu Provincial Committee, Huitongda Network also announced the 2025 plan at the event. Both parties are going to provide comprehensive AI+ empowerment to more than 10,000 youth stores in 2025, helping young store managers to achieve sustainable development in AI applications, intelligent supply chain, digital marketing, and other aspects.At the same time, Huitongda Network also reached a strategic cooperation agreement with chip and hardware manufacturers, including ThinkForce Chip, Hikvision, EZVIZ Network, Sunmi Technology, etc to build a software and hardware integrated AI-service alliance. It has also kick-started its “Qiancheng AI Ecosystem Partnership Program”, providing member stores and industrial customers with diversified, personalized, integrated, and modularized AI solutions.From Digitalization to Intelligent Development, Huitongda Network “AI+Industry” to Boost Domestic Consumption DemandAs an industrial internet company that has been focusing on China’s rural markets, Huitongda Network has been pushing the transformation and upgrades of rural family-owned businesses with its digital technology and intelligent supply chain capability. Xu Xiuxian, Chief Executive Officer of Huitongda Network, highlights the Company’s cloud-based services and offline touchpoints, with its 250,000 member store network across the country, covering 21 provinces, 25,000 towns and villages.“The rural market has become a stabilizer and innovator in the country’s economic development. In the past 15 years, Huitongda Network has built a unique business ecosystem, proving itself against market cycles. On the backdrop of a growing emphasis on domestic consumption and technological development, Huidongda Network’s pursuit of AI will not only make us as an effective conductor, but also a platform that would drive the efficiency of rural market’s value chain.”Xu Xiuxian added, “Through the 3 major infrastructure (AI+SaaS services, AI+ smart terminal services, AI+ industrial platform services) from our ‘AI+ Strategy’, we expect to create notable synergies with our 3 major supply chain initiatives (brand express project, self-owned brand portfolio expansion, and open-ended intelligent supply chain). In the AI era, Huitongda Network will aim at promoting steady and high-quality development of enterprises through intelligent technology and intelligent supply chain, while also fulfilling its corporate mission of stimulating domestic demand, increasing local consumption, and energizing the development of rural economies in China.”File: Huitongda Network (9878.HK) Launches new AI+ Products and Strategy, Drives Domestic Consumption Demand11/04/2025 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

Chow Tai Fook Jewellery Group Celebrates First Anniversary of Brand Transformation Driving Growth Through Quality Expansion, Product Innovations and Exciting CollaborationsHong Kong, China, 10 April 2025 – Chow Tai Fook Jewellery Group Limited ("Chow Tai Fook Jewellery Group", the "Group" or the "Company"; SEHK stock code: 1929), the leading Chinese jeweller celebrates the first anniversary of its brand transformation journey. Over the past year, the transformation focuses on elevating customer experiences through new image stores that showcase the Brand’s revitalised image, introducing uniquely differentiated designs to its product portfolio, as well as engaging in strategic brand collaborations tailored to resonate with today's discerning consumers. These milestones underscore the continued success of brand transformation and reinforce the Group’s commitment to refining its legacy for global audiences. This is only the beginning. The Group will continue to introduce exciting developments to further this transformation, paving the way for growth as it approaches its centennial celebration in 2029.KEY HIGHLIGHTS OF BRAND TRANSFORMATION: Effective product optimisation strategy: The Group is making waves in its product optimisation strategy. The CTF Rouge Collection, launched in April 2024 to commemorate the Brand’s 95th anniversary, has generated over HK$2.4 billion in retail sales value (RSV) as of the third quarter of Financial Year 2025 (3QFY2025). Building on the success of CTF Rouge Collection and its iconic "福" motif symbolising fortune, the Group proudly presents a new signature Collection, the CTF Joie Collection today. The Collection continues the storytelling introduced by CTF Rouge Collection, both deeply influenced by symbols of significance in Chinese culture. Joie, meaning happiness, embodies the tenacious spirit of Chow Tai Fook Jewellery in preserving and taking pride in Chinese traditions – transforming ancient wisdom into wearable art pieces for modern times. The new Collection brings the concept of “喜” to life while taking inspiration from ancient and contemporary locks, an emblem of peace and protection. Pioneering retail experiences: Chow Tai Fook Jewellery Group is setting a new standard for jewellery shopping experiences with the launch of new image stores. Recent openings in Hong Kong, Shenzhen, Wuhan, Xi’an and Shanghai offer customers an immersive and personalised experience, featuring interactive displays, bespoke customer service, and stunning in-store environments. This strategic move underscores the Group's dedication to meeting the evolving desires of its clientele. Since their introductions, these new image stores have recorded impressive foot traffic and store productivity, driven by the enhanced shopping environment. For example, the new image store in MixC at Shenzhen has delivered remarkable performance, resulting in an increased market share in the mall as a whole.Expanding horizons with product diversification: Demonstrating its commitment to diversification and capturing emerging consumer trends, the Group has unveiled the exclusive CTF PET Jewellery in March, the first of its kind from a Chinese jeweller. The unique jewelleries tap into the booming pet economy, which has experienced significant growth in recent years. According to an industry report, China’s pet (dog and cat) consumer market reached over HK$325 billion in 2024, a 7.5% increase compared to 2023[1].Designed to celebrate the special bond between owners and their pets, the Pet Jewellery features meaningful and innovative products that caters to a wider customer base while resonating with this fast-growing consumer trend. Strategic brand collaborations: The Group has forged innovative partnerships with esteemed artisans, gemologists, and designers who share its dedication to exceptional quality and craftsmanship. These partnerships have garnered significant acclaim, most notably the Chow Tai Fook Palace Museum Collection. Launched in August 2024, this Collection generated HK$1.6 billion in RSV by 3QFY2025. It exemplifies the Group's ability to seamlessly fuse cultural heritage with contemporary design, transforming historical narratives into wearable art. Chow Tai Fook Jewellery Group has also bolstered its portfolio through high-profile collaborations with brands such as Black Myth: Wukong, Demon Slayer: Kimetsu no Yaiba, and Chiikawa. The Black Myth: Wukong collection has proven particularly effective in engaging male customers, driving purchases for personal use rather than gifting, thereby penetrating a previously untapped market segment. These strategic collaborations not only broaden market reach but are also instrumental in attracting young consumers and fulfilling their emotional values. By integrating traditional elements with modern aesthetics, the Group solidifies its position as a leader in innovative and culturally relevant jewellery design.Despite a challenging market environment, the Group remains dedicated to quality expansion through its brand transformation strategy, aiming to sharpen its market position and bolster long-term growth prospects. With substantial milestones already achieved, the Group is solidly on track to realise its vision: “To be the leading global jewellery brand that is a trusted lifetime partner for every generation”.Sonia Cheng, Vice-chairman of Chow Tai Fook Jewellery Group said, “Our brand transformation journey is a testament to Chow Tai Fook Jewellery Group’s unwavering commitment to innovation, quality, and customer-centricity. By pioneering new image stores, enhancing our product offerings and forging strategic collaborations with globally recognised partners, we are redefining our customer journey. These initiatives not only reinforce our position as a trusted lifetime partner but also lay a robust foundation for sustainable growth as we engage with new generations of consumers, ensuring our legacy endures well into the future. As we approach our centennial celebration in 2029, we remain committed to evolving our legacy into a modern symbol of jewellery that honours our heritage and resonates with diverse tastes of contemporary customers.”###Photo Captions Chow Tai Fook Jewellery presents the CTF Joie Collection today. The new Collection brings the concept of “喜”to life while taking inspiration from ancient and contemporary locks, an emblem of peace and protection. Chow Tai Fook Jewellery Group is setting a new standard for jewellery shopping experiences with the launch of new image stores. The new image store in MixC at Shenzhen has delivered remarkable performance, resulting in an increased market share in the mall as a whole. Chow Tai Fook Jewellery Group Limited Chow Tai Fook Jewellery Group Limited (the “Group”; SEHK stock code: 1929) was listed on the Main Board of The Stock Exchange of Hong Kong in December 2011. The Group firmly upholds the vision: “To be the leading global jewellery brand that is a trusted lifetime partner for every generation”, drawing on nearly a century of legacy and success.Founded in 1929, the Group’s iconic brand “CHOW TAI FOOK” has become an emblem of tradition, celebrated for its bold designs and an unwavering attention to detail. Building upon a rich heritage and a foundation of trust, the Group is not only widely recognised for honouring traditions but also for fostering deep, meaningful connections with a diverse customer base through its exquisite jewellery. The Group’s long-standing commitment to innovation and craftsmanship has been integral to its success over time and has become synonymous with excellence, value and authenticity. As a leading Chinese jeweller, the Group believes in blending contemporary cutting-edge designs with traditional techniques to create jewellery that can be passed down from generation to generation. Every collection is thoughtfully conceived and crafted to reflect the stories of our customers, celebrating the special moments in their lives. Committed to growing alongside our customers, the Group embraces a spirit that aspires to inspire and captivate generations to come, weaving the story of CHOW TAI FOOK into the fabric of their lives.Offering a wide variety of products, services and channels, the Group’s brand portfolio comprises the CHOW TAI FOOK flagship brand with curated retail experiences, and other individual brands including HEARTS ON FIRE, SOINLOVE, ENZO and MONOLOGUE. The Group is committed to delivering sustainable long-term value creation for its stakeholders by enhancing the quality of earnings and driving higher value growth. With an extensive retail network across China and multiple locations globally, along with a growing e-commerce business, the Group is implementing targeted online-to-offline (“O2O”) strategies to strengthen its competitiveness in today’s omni-channel retail environment.Media Enquiries:Chow Tai Fook Jewellery Group LimitedHaide NgAssociate Director, Investor Relations and Corporate CommunicationsTel: (852) 3115 4402Email: haideng@chowtaifook.comAcky ChanSenior Manager, Investor Relations and Corporate CommunicationsTel: (852) 3115 4403Email: ackychan@chowtaifook.com10/04/2025 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

(8 April 2025, Hong Kong) Novautek Technologies Group Limited (“Novautek”, stock code: 519.HK) proudly announces the official unveiling of its AI robot, S2 (“Novautek AI Robot”), at a ceremony held on a Hong Kong campus on 3 April 2025. This event marks a significant advancement in Novautek's application of intelligent education scenarios.The unveiling ceremony was presided over by the Under Secretary for Education, with over a hundred representatives from the education sector in attendance. Throughout the event, the Novautek AI Robot utilized its diverse AI interaction system featuring core functions such as intelligent Q&A and precise navigation, served as the receptionist throughout the ceremony and engaged in various interactions with guests.The Novautek AI Robot leads the Under Secretary for Education and the guests into the ceremony.The Government of the Hong Kong Special Administrative Region places a high priority on the development of intelligent education and has included artificial intelligence education as a key initiative in the "Hong Kong Innovation and Technology Development Blueprint". According to the 2025-26 Budget announcement, the government will allocate an additional HKD 800 million over the next three years (2025-2028) to promote the procurement of intelligent teaching equipment, teacher training, and data infrastructure upgrades.With the continuous support of government policies and an increase in resource investment, alongside the innovative capabilities of local technology companies, Hong Kong is poised to emerge as a hub for intelligent education in the Asia-Pacific region within the next five years, further solidifying its position as an International Innovation and Technology Centre. The Novautek AI Robot also aspires to advance the development of intelligent education in Hong Kong through collaboration with the government in the educational sector.- END -About Novautek Technologies Group LimitedThe principal businesses of Novautek Technologies Group Limited include autonomous driving, property development, property investment, and investment holding. The Group successfully established Novautek Autonomous Driving Limited in 2023 and set up an autonomous driving business in 2024, focusing on developing products and services related to autonomous driving technology for specific scenarios such as cleaning, security, warehousing, logistics and transportation. Based in Hong Kong, the Group not only serves the local market but also promotes its high-tech products to the world. This press release is issued by DLK Advisory Limited on behalf of Novautek Technologies Group Limited.DLK Advisory 金通策略pr@dlkadvisory.comTel: +852 2857 7101Fax: +852 2857 710308/04/2025 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

[Hong Kong/Thailand, April 1, 2025] – Mile Green, the pioneering electric vehicle (EV) brand, ignited a new chapter today by introducing its powerhouse Board of Directors. This milestone event solidifies Mile Green as a driving force in the global transition to sustainable mobility.Now, with a strategic focus on Southeast Asia—primarily Thailand—Mile Green is fully committed to a holistic solution for EV adoption worldwide, offering quality products, providing comprehensive financing solutions, and building infrastructure to support green mobility transformation and ESG initiatives for corporates.CMAG Funds Invests US$50M into Mile GreenAdding momentum to this ambitious vision, CMAG Funds will be investing in Mile Green’s global business, with an initial commitment of US$50 million. This strategic funding will accelerate expansion, support financial solutions for EV adoption, and enhance charging and battery-swapping infrastructure in Thailand and beyond.A significant portion of this investment will be dedicated to the development of two-wheeler EVs, particularly focusing on fast-charging technology and battery cabinet infrastructure. Additionally, Mile Green will utilize part of the funding to support and empower its ESG partners, fostering sustainable business growth and innovation within the green mobility ecosystem."This investment is a testament to the confidence in Mile Green’s vision for a sustainable, carbon-to-free future," said Ms. Gigi Chan.With this strategic backing, Mile Green is set to launch its B2C market in the second half of 2025, making EVs more accessible and driving mass adoption across Southeast Asia.A Boardroom Built for the Future: Uniting Global TitansMile Green isn’t just electrifying roads—it’s electrifying leadership. Its newly unveiled Board of Directors brings together an exceptional mix of automotive pioneers, financial powerhouses, investment strategists, and technology visionaries.This dynamic team positions Mile Green as a uniquely agile and forward-thinking company, ready to capitalize on the explosive growth of the EV industry."Our Board reflects our vision—strategic, diverse, and future-focused," said Mr. Maverick Hui, Founder & Chairman of Mile Green. "With industry leaders across automotive, finance, and technology, we are building an EV ecosystem that redefines sustainable mobility."Global Expansion: Electrifying Southeast Asia & AfricaMile Green’s ambitions extend far beyond Hong Kong and Thailand. The company is gearing up to expand into Southeast Asia and Africa, leveraging the Belt & Road Initiative to bring its innovative EV solutions to emerging markets.As part of its commitment, Mile Green will actively:Support EV development through cutting-edge technology and infrastructure investment Drive ESG initiatives by promoting green energy adoption and carbon reduction Provide financing solutions to facilitate EV ownership and accessibility Expand charging and battery-swapping infrastructure to accelerate EV adoption“With a powerful leadership team, a deep commitment to ESG principles, and groundbreaking technological advancements, Mile Green is poised to redefine the future of mobility on a global scale.” Said Mr. Chatchaval JiaravanonAbout Mile GreenMile Green is a cutting-edge electric vehicle (EV) brand dual-headquartered in Hong Kong and Thailand. Dedicated to sustainability, the company is pioneering an EV ecosystem that integrates green battery technology, battery-swapping systems, Web3 infrastructure, and fintech solutions to accelerate the global transition to eco-friendly transportation.With a strong commitment to ESG principles and sustainable mobility, Mile Green is rapidly expanding its presence in Southeast Asia and Africa, building the future of transportation one charge at a time.www.milegreen.bizAbout Wonder Capital Group & CMAG FundsWonder Capital Group Limited (Wonder Capital Group) is an independent investment management firm based in Hong Kong. The firm holds Type 1 Dealing in Securities, Type 4 Advising on Securities and Type 9 Asset Management licenses granted by the Securities of Futures Commission of Hong Kong (HKSFC) (CE number BGT920). Wonder Capital Group specializes in providing advice and solutions to professional investors including institutions, family offices and high-net-worth individuals worldwide.CMAG Funds is a series of Cayman funds managed by Wonder Capital Group with Mr. Chatchaval Jiaravanon as a strategic partner and investor. The investment strategy of CMAG Funds focuses on the real estate, sustainable energy and private credit sectors. Mr. Chatchaval Jiaravanon is a prominent member of CP Group family, Chairman and Founder of Charoen Energy and Water Asia and Lightnet Group, and the owner of Fortune Media.www.wonder-capital.com Stay tuned as Mile Green powers the future of EV mobility!02/04/2025 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

[Hong Kong/Thailand, April 1, 2025] – Mile Green, the pioneering electric vehicle (EV) brand, ignited a new chapter today by introducing its powerhouse Board of Directors. This milestone event solidifies Mile Green as a driving force in the global transition to sustainable mobility.Now, with a strategic focus on Southeast Asia—primarily Thailand—Mile Green is fully committed to a holistic solution for EV adoption worldwide, offering quality products, providing comprehensive financing solutions, and building infrastructure to support green mobility transformation and ESG initiatives for corporates.CMAG Funds Invests US$50M into Mile GreenAdding momentum to this ambitious vision, CMAG Funds will be investing in Mile Green’s global business, with an initial commitment of US$50 million. This strategic funding will accelerate expansion, support financial solutions for EV adoption, and enhance charging and battery-swapping infrastructure in Thailand and beyond.A significant portion of this investment will be dedicated to the development of two-wheeler EVs, particularly focusing on fast-charging technology and battery cabinet infrastructure. Additionally, Mile Green will utilize part of the funding to support and empower its ESG partners, fostering sustainable business growth and innovation within the green mobility ecosystem."This investment is a testament to the confidence in Mile Green’s vision for a sustainable, carbon-to-free future," said Ms. Gigi Chan.With this strategic backing, Mile Green is set to launch its B2C market in the second half of 2025, making EVs more accessible and driving mass adoption across Southeast Asia.A Boardroom Built for the Future: Uniting Global TitansMile Green isn’t just electrifying roads—it’s electrifying leadership. Its newly unveiled Board of Directors brings together an exceptional mix of automotive pioneers, financial powerhouses, investment strategists, and technology visionaries.This dynamic team positions Mile Green as a uniquely agile and forward-thinking company, ready to capitalize on the explosive growth of the EV industry."Our Board reflects our vision—strategic, diverse, and future-focused," said Mr. Maverick Hui, Founder & Chairman of Mile Green. "With industry leaders across automotive, finance, and technology, we are building an EV ecosystem that redefines sustainable mobility."Global Expansion: Electrifying Southeast Asia & AfricaMile Green’s ambitions extend far beyond Hong Kong and Thailand. The company is gearing up to expand into Southeast Asia and Africa, leveraging the Belt & Road Initiative to bring its innovative EV solutions to emerging markets.As part of its commitment, Mile Green will actively:Support EV development through cutting-edge technology and infrastructure investment Drive ESG initiatives by promoting green energy adoption and carbon reduction Provide financing solutions to facilitate EV ownership and accessibility Expand charging and battery-swapping infrastructure to accelerate EV adoption“With a powerful leadership team, a deep commitment to ESG principles, and groundbreaking technological advancements, Mile Green is poised to redefine the future of mobility on a global scale.” Said Mr. Chatchaval JiaravanonAbout Mile GreenMile Green is a cutting-edge electric vehicle (EV) brand dual-headquartered in Hong Kong and Thailand. Dedicated to sustainability, the company is pioneering an EV ecosystem that integrates green battery technology, battery-swapping systems, Web3 infrastructure, and fintech solutions to accelerate the global transition to eco-friendly transportation.With a strong commitment to ESG principles and sustainable mobility, Mile Green is rapidly expanding its presence in Southeast Asia and Africa, building the future of transportation one charge at a time.www.milegreen.bizAbout Wonder Capital Group & CMAG FundsWonder Capital Group Limited (Wonder Capital Group) is an independent investment management firm based in Hong Kong. The firm holds Type 1 Dealing in Securities, Type 4 Advising on Securities and Type 9 Asset Management licenses granted by the Securities of Futures Commission of Hong Kong (HKSFC) (CE number BGT920). Wonder Capital Group specializes in providing advice and solutions to professional investors including institutions, family offices and high-net-worth individuals worldwide.CMAG Funds is a series of Cayman funds managed by Wonder Capital Group with Mr. Chatchaval Jiaravanon as a strategic partner and investor. The investment strategy of CMAG Funds focuses on the real estate, sustainable energy and private credit sectors. Mr. Chatchaval Jiaravanon is a prominent member of CP Group family, Chairman and Founder of Charoen Energy and Water Asia and Lightnet Group, and the owner of Fortune Media.www.wonder-capital.com Stay tuned as Mile Green powers the future of EV mobility!02/04/2025 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

(Macao – April 2, 2025) – The integration of the Greater Bay Area (GBA) continues to accelerate, driven by advancements in infrastructure, deep tech collaboration, enhanced convenience for residents, and streamlined regulatory frameworks. On April 2, 2025, Guangzhou Metro, Ant Group, and MACAU Pass announced a partnership, enabling Macao residents to seamlessly use MPay for travel across Guangzhou’s entire public transportation network—including metro, buses, and ferries—as well as the Foshan Metro. Powered by Alipay+, Ant International’s cross-border mobile payment and digitalization solution, this initiative makes commuting within the GBA’s "Smart Living Circle" more convenient than ever. MPay users can activate the service by navigating to the "Cross-Border Zone" within the app and selecting "Guangzhou Metro" to generate a ride QR code. Payments are processed in MOP, with exclusive fare discounts under Guangzhou's public transport policy: a 20% reduction after spending RMB 80 in a month, increasing to 50% upon reaching RMB 200.As digital innovation continues to reshape daily life, the GBA is witnessing an accelerated integration of smart services. Since the launch of MPay’s Cross-Border Zone in August 2024, Macao residents have been able to use their familiar e-wallet for seamless transactions across the Chinese mainland. With access to over 70 cross-border mini-programs, users can enjoy personalized services and exclusive discounts across various sectors, including transportation, dining, and shared rentals.Sun Ho, Chairman and CEO of MACAU Pass, emphasized: "As a one-stop super app, MPay now supports a wide range of cross-border scenarios, spanning payments, transportation, and lifestyle services. Our integration with Guangzhou Metro marks a significant milestone for cross-border commuting, further advancing the GBA’s ‘1-Hour Living Circle.’ We're pioneering digital solutions in the Greater Bay Area using advanced technologies, creating replicable models for mainland expansion and enhanced regional connectivity."In recent years, policy reforms have streamlined entry for foreign nationals and Hong Kong/Macao residents. A spokesperson from Guangzhou Metro Group remarked: "Guangzhou and Macao are at the heart of the GBA, with strong intercity ties and metro systems as the backbone of daily commutes. Our partnership with Alipay+ and MPay enhances travel convenience for Macao residents while deepening regional cooperation. Looking ahead, we aim to unify transit systems with a nationwide QR code for urban rail, advancing a seamless ‘One Ticket, One Network’ strategy across the GBA."Venetia Lee, Greater China General Manager of Ant International, said: "Alipay+ is playing a key role in deepening GBA integration. Beyond improving cross-border connectivity, this initiative upgrades residents' consumption pattern from traditional spending to ‘experience-driven economy.’ More importantly, it enhances digital connectivity with warmth, making cross-border services resonate in daily life."02/04/2025 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

Hong Kong - April 01, 2025 - SeaPRwire, a leading Public Relations Communication Platform in Asia, has announced the introduction of an AI-supported multilingual news translation tool. This innovative tool, developed in collaboration with Asia Presswire (https://www.asiapresswire.com), aims to expand the reach of press releases by enabling instant translation into multiple languages, allowing companies to effectively connect with a broader global audience.The new multilingual news translation tool leverages advanced machine translation technology to quickly and accurately translate news content into a variety of languages. This feature ensures that press releases can be easily distributed across different linguistic regions, enhancing global communication efforts and improving brand visibility."With the growing demand for effective communication across borders, our new AI-powered translation tool allows our clients to seamlessly reach audiences in multiple languages," said Grace Martin, Media Director at SeaPRwire. "This solution is designed to simplify the process of multilingual press release distribution, ensuring that companies can communicate their messages clearly and efficiently to a wider, international audience."The integration of this translation tool is expected to significantly benefit businesses looking to expand their presence beyond regional markets. By providing fast and accurate translations, SeaPRwire's new tool eliminates the barriers that often hinder global communications, such as language differences and delays in manual translation processes. With the increasing globalization of media and the rapid pace at which information spreads, having a multilingual press release distribution capability has become crucial for companies aiming to maintain a strong, consistent global presence. The new tool allows press releases to be translated into multiple languages, including but not limited to English, Chinese, French, Spanish, and German, ensuring that brands can effectively target media outlets and audiences worldwide.SeaPRwire's multilingual news translation tool also supports real-time updates, ensuring that the latest news content is translated and distributed as soon as it is released. This feature further enhances the platform's ability to provide up-to-date information to a diverse range of media outlets and audiences.The collaboration with Asia Presswire strengthens SeaPRwire's service offering, bringing cutting-edge AI and machine translation technology to the forefront of global communications. This partnership solidifies SeaPRwire's position as a leader in earned media communications management across the Asia-Pacific region and beyond."As we continue to innovate and refine our services, we are committed to providing our clients with the most advanced tools available for managing their communications efforts," Martin added. "This new translation tool is just one example of how we are using technology to help our clients amplify their message and reach audiences worldwide with ease."SeaPRwire's new multilingual news translation tool is now available to clients across Asia, providing them with an enhanced ability to reach diverse audiences in various regions and languages. This AI-powered solution is poised to become a game-changer in the global press release distribution landscape, enabling businesses to strengthen their international communications and expand their global footprint.About Asia PresswireAsia Presswire is a press release distribution service that provides tailored solutions for public relations firms, agencies, organizations, and corporations worldwide. They specialize in delivering customized press release distribution, including direct-to-editor email delivery to targeted media editors at newspapers, magazines, and broadcast outlets. Their extensive network spans 172 countries, connecting with over 230,000 media outlets and 3.6 million self-media platforms. Supporting over 46 languages, including English, Chinese, French, German, and Japanese, Asia Presswire ensures effective communication across diverse linguistic regions. Their services are designed to enhance brands' online visibility and reputation, enabling effective connection with target audiences. About SeaPRwireSeaPRwire is a leading earned media communications management platform in Asia, designed to empower PR and communications professionals. Its Branding-Insight Program streamlines communication management by connecting clients with a network of over 80,000 journalists, editors, magazines, and online media outlets, along with 300 million followers of key opinion leaders (KOLs). Leveraging AI-driven technology, SeaPRwire enables users to identify relevant media and KOLs, personalize pitches, and measure the impact of their communications efforts. Operating across regions including Japan, China, Korea, Hong Kong, Singapore, Vietnam, Thailand, Malaysia, Indonesia, and the Philippines, SeaPRwire enhances brand awareness and educates audiences effectively.Media ContactBrand: SeaPRwireContact: Media teamEmail: cs@seaprwire.comWebsite: https://seaprwire.com01/04/2025 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

Hong Kong - April 01, 2025 - SeaPRwire, a leading Public Relations Communication Platform in Asia, has announced the introduction of an AI-supported multilingual news translation tool. This innovative tool, developed in collaboration with Asia Presswire (https://www.asiapresswire.com), aims to expand the reach of press releases by enabling instant translation into multiple languages, allowing companies to effectively connect with a broader global audience.The new multilingual news translation tool leverages advanced machine translation technology to quickly and accurately translate news content into a variety of languages. This feature ensures that press releases can be easily distributed across different linguistic regions, enhancing global communication efforts and improving brand visibility."With the growing demand for effective communication across borders, our new AI-powered translation tool allows our clients to seamlessly reach audiences in multiple languages," said Grace Martin, Media Director at SeaPRwire. "This solution is designed to simplify the process of multilingual press release distribution, ensuring that companies can communicate their messages clearly and efficiently to a wider, international audience."The integration of this translation tool is expected to significantly benefit businesses looking to expand their presence beyond regional markets. By providing fast and accurate translations, SeaPRwire's new tool eliminates the barriers that often hinder global communications, such as language differences and delays in manual translation processes. With the increasing globalization of media and the rapid pace at which information spreads, having a multilingual press release distribution capability has become crucial for companies aiming to maintain a strong, consistent global presence. The new tool allows press releases to be translated into multiple languages, including but not limited to English, Chinese, French, Spanish, and German, ensuring that brands can effectively target media outlets and audiences worldwide.SeaPRwire's multilingual news translation tool also supports real-time updates, ensuring that the latest news content is translated and distributed as soon as it is released. This feature further enhances the platform's ability to provide up-to-date information to a diverse range of media outlets and audiences.The collaboration with Asia Presswire strengthens SeaPRwire's service offering, bringing cutting-edge AI and machine translation technology to the forefront of global communications. This partnership solidifies SeaPRwire's position as a leader in earned media communications management across the Asia-Pacific region and beyond."As we continue to innovate and refine our services, we are committed to providing our clients with the most advanced tools available for managing their communications efforts," Martin added. "This new translation tool is just one example of how we are using technology to help our clients amplify their message and reach audiences worldwide with ease."SeaPRwire's new multilingual news translation tool is now available to clients across Asia, providing them with an enhanced ability to reach diverse audiences in various regions and languages. This AI-powered solution is poised to become a game-changer in the global press release distribution landscape, enabling businesses to strengthen their international communications and expand their global footprint.About Asia PresswireAsia Presswire is a press release distribution service that provides tailored solutions for public relations firms, agencies, organizations, and corporations worldwide. They specialize in delivering customized press release distribution, including direct-to-editor email delivery to targeted media editors at newspapers, magazines, and broadcast outlets. Their extensive network spans 172 countries, connecting with over 230,000 media outlets and 3.6 million self-media platforms. Supporting over 46 languages, including English, Chinese, French, German, and Japanese, Asia Presswire ensures effective communication across diverse linguistic regions. Their services are designed to enhance brands' online visibility and reputation, enabling effective connection with target audiences. About SeaPRwireSeaPRwire is a leading earned media communications management platform in Asia, designed to empower PR and communications professionals. Its Branding-Insight Program streamlines communication management by connecting clients with a network of over 80,000 journalists, editors, magazines, and online media outlets, along with 300 million followers of key opinion leaders (KOLs). Leveraging AI-driven technology, SeaPRwire enables users to identify relevant media and KOLs, personalize pitches, and measure the impact of their communications efforts. Operating across regions including Japan, China, Korea, Hong Kong, Singapore, Vietnam, Thailand, Malaysia, Indonesia, and the Philippines, SeaPRwire enhances brand awareness and educates audiences effectively.Media ContactBrand: SeaPRwireContact: Media teamEmail: cs@seaprwire.comWebsite: https://seaprwire.com01/04/2025 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

Recently, Han Wenxiu, Executive Deputy Director of the Office of the Central Commission for Financial and Economic Affairs and Director of the Office of the Central Leading Group for Rural Work, pointed out at the 2025 Annual Summit of China Development that under the backdrop of growing external uncertain and unstable factors, China will unswervingly do its own thing well and respond to the uncertainty of the external environment with the certainty of high-quality development. Han Wenxiu emphasized, "The expansion of domestic demand is our committed long-term strategy. We strive to make consumption the major driver and cornerstone of economic growth." He also pointed out, "We will adhere to technology leadership, innovation-driven, adapt measures to local conditions, develop new quality productive forces, vigorously encourage emerging industries, proactively cultivate future industries, and proactively use digital technology, green technology, and artificial intelligence to transform and upgrade traditional industries."The complexity and uncertainty of the market environment continue to intertwine, which also demand higher requirements for enterprises.As a model enterprise for cultivating new quality productive forces, Huitongda Network (09878) proactively seizes the strategic opportunities brought about by the national policy of expanding domestic demand. Since 2024, the company has proactively adjusted and optimized its business structure, and promoted the company's sustainable and high-quality development in multiple aspects from improving customer mix to enhancing supply chain capability. Reflecting in the data, Huitongda Network's gross profit margin increased significantly during the period, from 3.3% in the same period in 2023 to 3.8% in 2024, of which the gross profit margin in the second half of the year reached 4.3%, a sequential increase of 23%, reaching a new high level for the year. Benefiting from the continuous optimization of the business structure and the effective implementation of cost reduction and efficiency enhancement measures, the company's operating cash flow has remained positive for 6 consecutive years, and its growth energy has been continuously enhanced. It can be seen that through a highly flexible strategy upgrade, the company is accelerating its transformation from a "business optimization period" to a "value release period".According to Zhitong Finance APP, in order to further promote business development, the company has implemented strategy upgrades in the following aspects.Firstly, improvement of customer structure - In order to improve the penetration and stickiness of member stores, Huitongda Network will focus on the existing 21 provinces, 25,000 townships, and over 248,000 member stores, lay out AIaaS in advance, and accelerate the implementation of the AI+ strategy to strengthen the company's organic growth. From the perspective of network coverage in the lower-tier rural market, Huitongda Network has already established economies of scale and competitive barriers. It is expected that in the next three years, under the two guiding principles of enhancing "network penetration" and "customer stickiness", the number of member stores will not only further increase, but the transaction scale of member stores will also continue to grow from 39% in 2023 to 44% in 2024, and ultimately establish a "scale x quality" double-barrier system at the customer level to achieve customer structure optimization and upgrade.Secondly, improvement of supply chain capability - Huitongda Network will fully promote three major projects, improve TOP brand collaboration through the brand direct train project. The company will also build out its self-owned brand portfolio through its integrated brand ecosystem project. Meanwhile, the company will construct an AI-driven POP platform through the open supply chain platform project. At the same time, the company will continue to optimize the supply chain structure, increase TOP procurement, increase its own brands, and increase new product categories. Benefiting from the implementation of such strategy, Huitongda Network's overall gross profit margin shows a steady upward trend. At the beginning of 2025, the company stated at the "Own Brand Cluster Strategy Press Conference" that it will continue to expand the strategic collaboration of 5-10 TOP brands in the year.To open up a new growth cycle with high quality strategy upgrades by dispelling the uncertainty of the market, Huitongda Network has now arrived the starting line of a new round of long development cycle. Prioritizing profit and cash flow, high quality growth through the dual growth engines of "organic and + extension", the company is well positioned to benefit from the lower-tier market with a scale of over RMB 20 trillion, Huitongda Network's advantages of "supply chain + digitization" and "online + offline" are expected to continue to strengthen.Zhitong Finance learned from the industry that based on Huitongda Network's transformation from scale-oriented to profit-oriented, it has released a clear profit visibility: it is expected that in the next three years, Huitongda Network's target revenue compound growth rates will not be less than 10%, and the compound growth rates of net profits attributable to the parent company will not be less than 30%. It is expected that by 2026, the company's profit level will exceed the historical peak. It is worth noting that Huitongda Network's future growth curve shows significant structural optimization characteristics -- the profit growth rate will be higher than the scale growth rate. At the same time, the company plans to start a dividend plan as early as 2025 to increase shareholder returns.Huitongda Network is currently in a critical period of business structure optimization and cultivating new momentum for long-term growth. Zhitong Finance APP believes that in 2025, Huitongda Network will start a new growth cycle. With the continuous advancement of Huitongda Network's strategic upgrade, coupled with multiple favourable policies under the country's "Technology + Consumption" policy direction, the company's performance is bound to gradually match the growth expectations.At present, the company's stock price has adjusted to a relatively low level. Driven by the company's strong growth momentum, the continued popularity of the Hong Kong stock market, policy support and other multiple favorable factors, Huitongda Network may usher in an unprecedented bottom out opportunity. In addition, with the launch of the company's dividend plan, investors will also be able to share the benefits of the company's high quality growth at that time.31/03/2025 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

Trio Industrial Electronics Group LimitedAnnounces 2024 Annual ResultsFY2024 Revenue amounted to HK$1,007.5 millionStrong performance turned the first-half loss into a full-year profitResume distribution of final dividend of HK1.2 cents per shareDriving the establishment of ‘Greater Asia New Energy Business Circle’[Hong Kong – 31 March 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 annual results of the Company and its subsidiaries (the “Group”) for the year ended 31 December 2024 ( “FY2024”).During FY2024, Europe and North America continued to be the Group’s major markets, contributing 87.9% and 6.5% of total revenue respectively. Due to the ongoing economic challenges in the European and American markets, coupled with high interest rates, currency depreciation, and geopolitical uncertainties leading to a slowdown in economic activity, the Group's order volume has also decreased. For the year, revenue of the Group has decreased by 13.2% to approximately HK$1,007.5 million. Gross profit amounted to approximately HK$187.5 million, while gross profit margin was 18.6%. Profit attributable to owners of the Company amounted to approximately HK$8.6 million. The Group has maintained a strong financial position, with cash and cash equivalents (including restricted bank deposits) of approximately HK$156.5 million, and current ratio of 2.2. The Board has recommended a final dividend of HK1.2 cents per ordinary share of the Company for the year ended 31 December 2024 (2023: nil) to the Shareholders.The Group implemented multiple measures to address challenges and enhance efficiency and competitiveness. In business, the Group has strategically expanded to new energy business sector. In alignment with global sustainability initiatives and the PRC’s Belt and Road strategy, the Group has been actively expanding its new energy business in Kazakhstan, and has partnered with Sinooil (China National Petroleum) to set up electric vehicle (“EV”) charging stations and digital advertising facilities across approximately 140 Sinooil gas stations in the country. During the year, three model EV charging stations have already been established in Almaty, integrating Deltrix-branded EV charging infrastructure, energy storage, intelligent car wash facilities, and digital advertising systems, forming a comprehensive EV charging ecosystem. The integrated advertising platform is designed to support Chinese enterprises in expanding their market presence in Central Asia. The Group also involved in production of key electronic components for solar and wind power equipment, as well as the development of the Group’s renowned EV chargers brand, “Deltrix”. The Group is expanding its new energy operations into Uzbekistan, with plans to establish smart charging stations and build electric driverless heavy-duty truck manufacturing facilities to support the country’s transition toward sustainable transportation. This strategic expansion reinforces the Group’s commitment to contributing to the new energy transition in Central Asia. Beyond Central Asia, the Group is expanding its new energy business into Hong Kong and Southeast Asia, with an initial focus on Thailand and Indonesia.For the production capacity, new manufacturing facilities in the PRC and Thailand commenced operation in FY2023 and FY2024, respectively. Additionally, a factory building leased in the UK is set to commence operation in the first half of 2025, further boosting production capacity.Mr. Cecil Wong, the Chairman of Trio Industrial Electronics Group Limited said, “Looking forward, the Group remains cautiously optimistic while navigating global economic uncertainties. We expected huge business opportunities in Hong Kong, Central Asia, and Southeast Asia. Aligned with global sustainability initiatives and the PRC’s Belt and Road strategy, the Group is actively expanding its new energy business in Kazakhstan, establishing it as a key regional hub. In addition, the Group will continue to enhance its charging infrastructure by deploying smart charging stations integrating solar power and energy storage systems.These stations aim to become a comprehensive ecosystem, combining digital advertising, intelligent e-commerce, automated car wash services, and convenience retail stores. The integrated advertising platform will support Chinese enterprises in expanding their market presence in Central Asia, reinforcing the Group’s goal of becoming the leading outdoor media provider in Kazakhstan. We are advancing our vision of creating a ‘Greater Asia New Energy Business Circle’, a strategic network that integrates EV charging infrastructure, energy storage, digital advertising, and intelligent service solutions across multiple regions. Trio Group remains dedicated to seizing the opportunities within the new energy sector, fulfilling the Group's enduring commitment to sustainable development, technological innovation, and long-term value creation for stakeholders."- End -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: 1710_2024AR_press release_EN_2025033131/03/2025 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

Trio Industrial Electronics Group LimitedAnnounces 2024 Annual ResultsFY2024 Revenue amounted to HK$1,007.5 millionStrong performance turned the first-half loss into a full-year profitResume distribution of final dividend of HK1.2 cents per shareDriving the establishment of ‘Greater Asia New Energy Business Circle’[Hong Kong – 31 March 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 annual results of the Company and its subsidiaries (the “Group”) for the year ended 31 December 2024 ( “FY2024”).During FY2024, Europe and North America continued to be the Group’s major markets, contributing 87.9% and 6.5% of total revenue respectively. Due to the ongoing economic challenges in the European and American markets, coupled with high interest rates, currency depreciation, and geopolitical uncertainties leading to a slowdown in economic activity, the Group's order volume has also decreased. For the year, revenue of the Group has decreased by 13.2% to approximately HK$1,007.5 million. Gross profit amounted to approximately HK$187.5 million, while gross profit margin was 18.6%. Profit attributable to owners of the Company amounted to approximately HK$8.6 million. The Group has maintained a strong financial position, with cash and cash equivalents (including restricted bank deposits) of approximately HK$156.5 million, and current ratio of 2.2. The Board has recommended a final dividend of HK1.2 cents per ordinary share of the Company for the year ended 31 December 2024 (2023: nil) to the Shareholders.The Group implemented multiple measures to address challenges and enhance efficiency and competitiveness. In business, the Group has strategically expanded to new energy business sector. In alignment with global sustainability initiatives and the PRC’s Belt and Road strategy, the Group has been actively expanding its new energy business in Kazakhstan, and has partnered with Sinooil (China National Petroleum) to set up electric vehicle (“EV”) charging stations and digital advertising facilities across approximately 140 Sinooil gas stations in the country. During the year, three model EV charging stations have already been established in Almaty, integrating Deltrix-branded EV charging infrastructure, energy storage, intelligent car wash facilities, and digital advertising systems, forming a comprehensive EV charging ecosystem. The integrated advertising platform is designed to support Chinese enterprises in expanding their market presence in Central Asia. The Group also involved in production of key electronic components for solar and wind power equipment, as well as the development of the Group’s renowned EV chargers brand, “Deltrix”. The Group is expanding its new energy operations into Uzbekistan, with plans to establish smart charging stations and build electric driverless heavy-duty truck manufacturing facilities to support the country’s transition toward sustainable transportation. This strategic expansion reinforces the Group’s commitment to contributing to the new energy transition in Central Asia. Beyond Central Asia, the Group is expanding its new energy business into Hong Kong and Southeast Asia, with an initial focus on Thailand and Indonesia.For the production capacity, new manufacturing facilities in the PRC and Thailand commenced operation in FY2023 and FY2024, respectively. Additionally, a factory building leased in the UK is set to commence operation in the first half of 2025, further boosting production capacity.Mr. Cecil Wong, the Chairman of Trio Industrial Electronics Group Limited said, “Looking forward, the Group remains cautiously optimistic while navigating global economic uncertainties. We expected huge business opportunities in Hong Kong, Central Asia, and Southeast Asia. Aligned with global sustainability initiatives and the PRC’s Belt and Road strategy, the Group is actively expanding its new energy business in Kazakhstan, establishing it as a key regional hub. In addition, the Group will continue to enhance its charging infrastructure by deploying smart charging stations integrating solar power and energy storage systems.These stations aim to become a comprehensive ecosystem, combining digital advertising, intelligent e-commerce, automated car wash services, and convenience retail stores. The integrated advertising platform will support Chinese enterprises in expanding their market presence in Central Asia, reinforcing the Group’s goal of becoming the leading outdoor media provider in Kazakhstan. We are advancing our vision of creating a ‘Greater Asia New Energy Business Circle’, a strategic network that integrates EV charging infrastructure, energy storage, digital advertising, and intelligent service solutions across multiple regions. Trio Group remains dedicated to seizing the opportunities within the new energy sector, fulfilling the Group's enduring commitment to sustainable development, technological innovation, and long-term value creation for stakeholders."- End -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: 1710_2024AR_press release_EN_2025033131/03/2025 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

March 2025 – Global Bio-chem Technology Group Company Limited (“Global Bio-chem” or the “Company”, stock code: 00809, together with its subsidiaries, the “Group”) announced that its audited consolidated revenue for the year ended 31 December 2024 (the “Year”) from continuing operations and gross profit increased by 45.7% and 338.1% to approximately HK$2,001.1 million (2023: HK$1,373.9 million) and approximately HK$191.0 million (2023: HK$43.6 million) respectively, with a gross profit margin of 9.5% (2023: 3.2%), as a result of substantial increase in sales volume and decrease in the average corn purchase price. The Group’s EBITDA (i.e. earnings before interest, taxation, depreciation and amortisation) and profit from continuing operations decreased to approximately HK$1,297.5 million (2023: HK$4,695.0 million) and approximately HK$769.6 million (2023: HK$3,743.1 million) for the Year respectively, mainly attributable to the absence of a one-off gain on derecognition of a subsidiary and gain on debt restructuring, recorded for the corresponding prior year. Despite this, the business operations and the financial position of the Group have improved during the Year. During the Year, the Group maximised the production capacity of amino acids and introduced a variety of high value-added amino acid products, which led to a 55.9% year-on-year growth in sales volume to approximately 382,000 metric tonnes (“MT”) (2023: 245,000 MT), including the sale volume of other corn refined products increased by approximately 70.0% to approximately 102,000 MT (2023: 60,000 MT) with a revenue of approximately HK$264.2 million (2023: HK$217.2 million) and the sales volume of the Group’s amino acids segment recorded a significant increase by approximately 51.4% to approximately 280,000 MT (2023:185,000 MT), with a revenue of approximately HK$1,736.9 million (2023: HK$1,156.7 million) during the Year. As a result of the improvement of utilisation rate of the Group’s production facilities and launching a series of high value-added products during the Year, the Group’s gross profits margin of other corn refined products and lysine products increased to 1.0% (2023: gross loss margin: 6.6%) and 10.8% (2023: 5.0%) respectively.During the Year, the export sales of the Group increased to approximately HK$632.1 million (2023: HK$354.2 million) and accounted for approximately 31.6% (2023: 25.8%) of the Group’s total revenue. On the other hand, the Group transferred Changchun Dacheng Industrial Group Company Limited and its subsidiaries , including the remaining land and buildings situated in Luyuan District, Changchun City, Jilin Province, the PRC and a portion of outstanding repurchased loans owned by Changchun Rudder Investment Group Co., Ltd. in principal amount of approximately RMB113.5 million, together with outstanding interests, to a third party. As such, the total borrowings and net liabilities of the Group had reduced by approximately HK$1,904.7 million to approximately HK$1,693.7 million and approximately HK$2,082.5 million to approximately HK$1,954.4 million respectively as at 31 December 2024. In order to maintain its competitiveness, the Group will strive to consolidate its market position, diversify its product range and enhance its capability in developing high value-added products and new applications through in-house research. In the short run, the Group will maintain the stable production of its lysine products and strengthen its position in the industry through distributor collaboration. Moreover, the Group will redesign the proposal of the refurbishment of the boiler facilities and achieve the lower cost of production of lysine. Additionally, the Group will strive to introduce industry players to facilitate the resumption of production of the Xinglongshan site to improve its operational efficiency.About Global Bio-chemGlobal Bio-chem (stock code: 00809.HK) has been listed on the Main Board of The Stock Exchange of Hong Kong Limited since 2001. The Group is principally engaged in the manufacture and sale, research and development of corn-based biochemical products in the People’s Republic of China (the “PRC”). The Company’s production facilities are based in Jilin province in the PRC. – End –Issued by:Global Bio-chem Technology Group Company LimitedThrough:CorporateLink LimitedMedia Enquiry:CorporateLink Limited Shiu Ka Yue Tel: 2801 6198/ 9029 1865 Email: sky@corporatelink.com.hk Zoe Mak Tel: 2801 6090/ 6539 3300 Email: zoe@corporatelink.com.hk Rainy Zhang Tel: 2801 7393/ 9608 8187 Email: rainy@corporatelink.com.hk Global Bio-chem’s financial highlights For the year ended 31 December 2024 2023 Change % Revenue (HK$ million) 2,001.1 1,373.9 45.7 Gross profit (HK$ million) 191.0 43.6 338.1 Profit for the Year from continuing operations (HK$ million) 769.6 3,743.1 (79.4) Profit for the Year from discontinued operations (HK$ million) - 481.5 n/a Profit for the Year (HK$ million) 769.6 4,224.6 (81.8) Profit attributable to owners of the Company arising from Continuing operations (HK$ million) 769.6 3,743.1 (79.4) Discontinued operations (HK$ million) - 481.5 n/a Basic earnings per share (HK cents) arising from Continuing operations 8.6 42.0 (79.5) Discontinued operations - 5.4 n/a Diluted earnings per share (HK cents) arising from Continuing operations 2.9 25.7 (88.7) Discontinued operations - 3.4 n/a Proposed final dividend per share (HK cents) - - n/a 31/03/2025 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

Press Release(For immediate release)China XLX Announces 2024 Annual Results“Two Majors, One Share, Joint Service” Marketing Model to Bolster Competitive Edges2024 Annual Results Highlights:The Group’s revenue reduced by 1.5% YoY to approximately RMB 23.13billion. Profit attributable to owners of the parent climbed by 23.0% YoY to approximately RMB 1.46 billion. Final dividend for 2024 was RMB 26 cents per share, up by 8.3% year-on-year. The Group enhanced the competitiveness and brand power of its differentiated products through “Two Majors, One Share, Joint Service” marketing model.(31 March 2025, Hong Kong) China XLX Fertiliser Ltd. (“China XLX” or the “Company”, together with its subsidiaries collectively known as the “Group”) (HKSE: 01866.HK) announced that the Group’s revenue for the year ended 31 December 2024 (the “Period”) reduced by 1.5% year-on-year to approximately RMB 23.13 billion. Profit attributable to owners of the parent grew by 23.0% year-on-year to approximately RMB 1.46 billion. The Board of Directors proposed the payment of a final dividend of RMB 26 cents per share for 2024, up by 8.3% from the previous year.During the Period, the coal chemicals industry saw a subdued recovery due to a combination of factors including declined domestic coal prices, a supply glut and tightened export policy, which weighed on the prices of related products and hence the financial performance of market participants. Despite a mild decline in its revenue for the Period, the Group maximized its capability to withstand the pressure on its financial results arising from price fluctuations and the soft market through newly-added high-quality production facilities and greater economies of scale.While integrating its superior resources and focusing on the development of core businesses, the Group disinvested its entire interest in Tianxin Coal Mine and realized a substantial investment gain. As a result, its profit for the Period expanded by 23.0% year-on-year to approximately RMB 2.01 billion. Riding on the development trend of China’s agriculture, the Group implemented innovative marketing model featuring 兩大一分共服務 to strengthen its brand awareness and market share. Meanwhile, the polyformaldehyde project at Xinjiang Base with annual capacity of 60,000 tons and the Guangxi Base Compound Fertiliser Project with annual capacity of 300,000 tons commenced operation at the end of last year, laying a solid foundation for the Group to tap into new markets and new business areas.While prioritising the fertiliser business development, the Group coordinated the development of different business segments based on the core operation. During the Period, the sales revenue of fertiliser segment, chemical segment, medical intermediate segment and others accounted for 58%, 37%, 2% and 4% respectively of the Group’s total revenue.The sales volume of urea for the Period climbed by 29% year-on-year, thanks to a 21% year-on-year growth in urea output on increased production capacity. The sales revenue from urea grew by 6.3% year-on-year to approximately RMB 7.31 billion. Nevertheless, a surge in new production capacity in the market coupled with export controls led to a supply glut and 17% year-on-year decline in the Group’s urea selling price. Therefore, the gross profit margin of urea dropped by 4 percentage points year-on-year to approximately 25%.The sale revenue from compound fertiliser for the Period slightly decreased by 2% year-on-year to approximately RMB 5.99 billion, mainly attributable to delayed procurement from downstream for farming because China’s ample grain reserves and abundant food supply dragged down the food prices. As a result, the sales volume of compound fertiliser dropped by 0.3% year-on-year. At the same time, the selling price of compound fertiliser reduced by 2% year-on-year due to lower feedstock costs. On the other hand, the production costs of compound fertiliser came down on relatively abundant supply of feedstocks, resulting in 4% year-on-year growth in sales volume and 3 percentage points year-on-year increase in the overall gross profit margin of compound fertilisers.Underpinned by domestic economic recovery, downstream demand for basic chemicals gradually picked up, leading to 16% year-on-year growth in the sales volume of methanol for the Period. The sales revenue from methanol advanced by 14.5% year-on-year to approximately RMB 2.68 billion. Benefiting from lower coal costs and the Group’s ever-improving production technology, the production costs of methanol retreated by 10.6% and the gross profit margin of methanol for the Period grew by 9.2 percentage points year-on-year to 8.6%.The Group continued to optimize its debt structure and grasped the opportunities arising from interest rate cuts to replace the high-cost borrowings with the borrowings with lower costs and to lower its finance costs. During the Period, its finance costs came down by approximately 15% from the previous year and its gearing ratio reduced by 2.4 percentage points from a year ago.Looking ahead into the future, Mr. Liu Xingxu, Chairman of China XLX, said, “The supply and demand condition of domestic nitrogenous fertiliser market is expected to turn relatively stable this year as the growth of supply capacity will slow down amid margin squeeze. Besides, obsolete production facilities will partly offset the impacts of new capacity addition. Therefore, the supply glut issue shall be less severe than expected. Agricultural demand for fertilisers is gaining steam with the start of spring farming. With higher utilisation rates of compound fertiliser production facilities, urea prices will stabilize and trend upwards. Meanwhile, driven by economic recovery and tighter environmental regulations, downstream industrial demand for urea will grow further. As for compound fertiliser, tight balance of demand and supply will emerge on increasing fertiliser demand for spring farming coupled with tighter global supply and higher transportation costs, which will push up global fertiliser prices and will lend support to the compound fertiliser prices.”Mr. Liu Xingxu noted: China XLX will take advantage of the opportunities arising from market downcycle to propel the steady expansion of high-quality production facilities and to boost its market shares. Based on the industry trends and its own cash flow situation, the Company will carry out investments reasonably with primary focus on projects with high return on investment as well as good economic benefits and cash-generating capability. Once the market stabilises, they will become the Company’s strong competitive edges. Meanwhile, it will extend services to market side and consumer side through the “Two Majors, One Share, Joint Service” marketing model, thereby delivering differentiated services to end-users (farmers) and enhancing the competitiveness and brand power of the Group’s differentiated products.~ 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: China XLX Announces 2024 Annual Results30/03/2025 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

【Immediate Release】 28 March 2025MECOM Power and Construction Limited （Stock Code：1183.HK）Announces 2024 Annual ResultsRevenue Grew Steadily to MOP 1,506.6 MillionExpanding into the New Construction Materials Industry Chain whilst Extending Business Footprint to Hong Kong and SingaporeFinancial Highlights For the year ended 31 December 2024 MOP Million 2023 MOP Million Change Revenue 1,506.6 1,496.4 +0.7% Gross Profit 118.4 120.9 -2.1% Profit for the Year 4.1 5.6 -26.5% Gross Profit Margin 7.9% 8.1% -0.2p.p. Net Profit Margin 0.3% 0.4% -0.1 p.p. Aggregate Value of Contracts on Hand Yet to Complete - Construction Business 682.1 574.4 +18.7% - Steel Structures Business 618.1 466.8 +32.4% （Hong Kong – 28 March 2025）MECOM Power and Construction Limited (“MECOM” or the “Company”, stock code: 1183.HK, together with its subsidiaries, collectively the “Group”) is pleased to announce its annual results for the year ended 31 December 2024 (“FY2024” or “Year”).During the Year, the Group's revenue was primarily driven by its steel structure and construction businesses, which included construction and fitting out works, high voltage power substation construction and its system installation works, electrical and mechanical engineering services works, and provision of facilities management services. Total revenue for the Year increased by 0.7% YoY to MOP 1,506.6 million, with a gross profit of MOP 118.4 million and a net profit of MOP 4.1 million. The gross profit margin and the net profit margin remained steady. As of 31 December, 2024, the aggregate value of the Group's contracts on hand yet to complete stood at approximately MOP 1.3 billion (FY2023: approximately MOP 1.04 billion). In terms of new projects, the Group secured new construction contracts totaling approximately MOP 329.5 million, along with new material steel structures order contracts for a total of approximately 267,422 tonnes.Business OverviewDuring the Year, the tendering volume for public and private construction projects in Macau did not see significant surge in growth. In response, the Group actively pursued diversified development opportunities, successfully expanding into high-growth sectors such as smart data center construction and the new construction materials industry. Additionally, the Group broadened its business footprint to international markets, including Hong Kong and Singapore.As part of the Group’s expansion into the new construction materials industry chain, its steel structure business achieved steady growth, with revenue increasing by 8.0% YoY to MOP 1,113.2 million, making it the Group’s largest revenue contributor. The steel structures were mainly supplied to Macau and Hong Kong markets, mainly for public and private construction projects, including the design and construction works for Macau LRT East Line, Macau’s New Urban Zone Land Reclamation Project, and the Hong Kong-Shenzhen Innovation and Technology Park. The Group has put its manufacturing facilities into formal production and operation in early 2024. It established strategic partnership with Beijing Institute of Construction Mechanization to focus on research, development and promotion of green energy, new materials, and complete intelligent equipment, in an attempt to further expand market opportunities in Macau, Hong Kong and Singapore.The Group’s clients for its construction business mainly include casino operators, integrated entertainment and resort developers and operators. Throughout the Year, the Group successfully undertook a series of large-scale construction and fitting out projects, E&M engineering projects, and facility management services. Notable projects included i) the provision of repair and maintenance services for the air conditioning, electrical and building facilities of the Macao Cultural Centre Complex; ii) the provision of repair and maintenance services for the mechanical and electrical systems and equipment of the Macau Urban Development and Construction Exhibition Hall; iii) the structural steel corridors works for public housing construction projects; iv) the provision of facade lighting systems maintenance services for one of the major hotels; and v) the provision of repair and maintenance services for the peripheral facilities of the Frontier Post of Macao Port Administration Area of the Hong Kong-Zhuhai- Macau Bridge. These projects fully demonstrated our business capabilities and resilience.ProspectsAs we step into 2025, the market is expected to remain volatile with intense competition. However, new growth opportunities are also emerging, and we are committed to seizing them with determination. Macau government's ongoing economic diversification efforts and the rapid expansion of the integrated tourism and entertainment industry are expected to drive demand for infrastructure development, electromechanical engineering, and facility management services. Additionally, the accelerating wave of AI is fueling industrial upgrades, while the Macau government’s push for digital economic transformation is significantly increasing the demand for smart infrastructure, including data centers.Mr. Kuok Lam Sek, Chairman of the Board and Executive Director of MECOM, said “MECOM is committed to seizing Macau’s growth opportunities by undertaking a broader range of engineering projects and increasing our market share. As Macau deepens its integration into the Greater Bay Area’s one-hour living circle, rising visitor traffic and government-led urban planning initiatives will drive demand for infrastructure, E&M engineering, and facility management services. Looking ahead, we are advancing our intelligent rebar production line, leveraging remote control, robotics, and precision manufacturing to enhance efficiency and competitiveness. We will then be enabled to further expand into China and Southeast Asia, secure more contracts, and strengthen our market presence. By embracing innovation and sustainable development, we are committed to reinforcing our industry leadership and driving long-term business growth."About MECOM Power and Construction LimitedMECOM is a well-known integrated construction contractor in Macau and listed on the Hong Kong Stock Exchange on February 13, 2018. It specializes in the construction and maintenance of difficult and complex construction projects (especially including steel structures), high voltage power substation construction projects, facilities management and maintenance works for large-scale hotel/entertainment venues. MECOM has established a production facility in Jiangmen, Guangdong Province, expanding to research and development of new structural materials, electric vehicle charging and distribution business, as well as undertaking data center construction projects and maintenance.With an extensive portfolio of proprietary equipment and a diverse client base, MECOM maintains a strong cash flow position. Among its most notable projects include a large-scale integrated resort in Cotai, the world’s largest water-based performance venue, and the world’s first luxury hotel skyscraper featuring a free-form exoskeleton structure.Company Website: http://www.mecommacau.com/index.htmlFile: Press Release_MECOM Power and Constructions Limited Announces 2024 Annual Results_EN28/03/2025 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

【Immediate Release】 28 March 2025MECOM Power and Construction Limited （Stock Code：1183.HK）Announces 2024 Annual ResultsRevenue Grew Steadily to MOP 1,506.6 MillionExpanding into the New Construction Materials Industry Chain whilst Extending Business Footprint to Hong Kong and SingaporeFinancial Highlights For the year ended 31 December 2024 MOP Million 2023 MOP Million Change Revenue 1,506.6 1,496.4 +0.7% Gross Profit 118.4 120.9 -2.1% Profit for the Year 4.1 5.6 -26.5% Gross Profit Margin 7.9% 8.1% -0.2p.p. Net Profit Margin 0.3% 0.4% -0.1 p.p. Aggregate Value of Contracts on Hand Yet to Complete - Construction Business 682.1 574.4 +18.7% - Steel Structures Business 618.1 466.8 +32.4% （Hong Kong – 28 March 2025）MECOM Power and Construction Limited (“MECOM” or the “Company”, stock code: 1183.HK, together with its subsidiaries, collectively the “Group”) is pleased to announce its annual results for the year ended 31 December 2024 (“FY2024” or “Year”).During the Year, the Group's revenue was primarily driven by its steel structure and construction businesses, which included construction and fitting out works, high voltage power substation construction and its system installation works, electrical and mechanical engineering services works, and provision of facilities management services. Total revenue for the Year increased by 0.7% YoY to MOP 1,506.6 million, with a gross profit of MOP 118.4 million and a net profit of MOP 4.1 million. The gross profit margin and the net profit margin remained steady. As of 31 December, 2024, the aggregate value of the Group's contracts on hand yet to complete stood at approximately MOP 1.3 billion (FY2023: approximately MOP 1.04 billion). In terms of new projects, the Group secured new construction contracts totaling approximately MOP 329.5 million, along with new material steel structures order contracts for a total of approximately 267,422 tonnes.Business OverviewDuring the Year, the tendering volume for public and private construction projects in Macau did not see significant surge in growth. In response, the Group actively pursued diversified development opportunities, successfully expanding into high-growth sectors such as smart data center construction and the new construction materials industry. Additionally, the Group broadened its business footprint to international markets, including Hong Kong and Singapore.As part of the Group’s expansion into the new construction materials industry chain, its steel structure business achieved steady growth, with revenue increasing by 8.0% YoY to MOP 1,113.2 million, making it the Group’s largest revenue contributor. The steel structures were mainly supplied to Macau and Hong Kong markets, mainly for public and private construction projects, including the design and construction works for Macau LRT East Line, Macau’s New Urban Zone Land Reclamation Project, and the Hong Kong-Shenzhen Innovation and Technology Park. The Group has put its manufacturing facilities into formal production and operation in early 2024. It established strategic partnership with Beijing Institute of Construction Mechanization to focus on research, development and promotion of green energy, new materials, and complete intelligent equipment, in an attempt to further expand market opportunities in Macau, Hong Kong and Singapore.The Group’s clients for its construction business mainly include casino operators, integrated entertainment and resort developers and operators. Throughout the Year, the Group successfully undertook a series of large-scale construction and fitting out projects, E&M engineering projects, and facility management services. Notable projects included i) the provision of repair and maintenance services for the air conditioning, electrical and building facilities of the Macao Cultural Centre Complex; ii) the provision of repair and maintenance services for the mechanical and electrical systems and equipment of the Macau Urban Development and Construction Exhibition Hall; iii) the structural steel corridors works for public housing construction projects; iv) the provision of facade lighting systems maintenance services for one of the major hotels; and v) the provision of repair and maintenance services for the peripheral facilities of the Frontier Post of Macao Port Administration Area of the Hong Kong-Zhuhai- Macau Bridge. These projects fully demonstrated our business capabilities and resilience.ProspectsAs we step into 2025, the market is expected to remain volatile with intense competition. However, new growth opportunities are also emerging, and we are committed to seizing them with determination. Macau government's ongoing economic diversification efforts and the rapid expansion of the integrated tourism and entertainment industry are expected to drive demand for infrastructure development, electromechanical engineering, and facility management services. Additionally, the accelerating wave of AI is fueling industrial upgrades, while the Macau government’s push for digital economic transformation is significantly increasing the demand for smart infrastructure, including data centers.Mr. Kuok Lam Sek, Chairman of the Board and Executive Director of MECOM, said “MECOM is committed to seizing Macau’s growth opportunities by undertaking a broader range of engineering projects and increasing our market share. As Macau deepens its integration into the Greater Bay Area’s one-hour living circle, rising visitor traffic and government-led urban planning initiatives will drive demand for infrastructure, E&M engineering, and facility management services. Looking ahead, we are advancing our intelligent rebar production line, leveraging remote control, robotics, and precision manufacturing to enhance efficiency and competitiveness. We will then be enabled to further expand into China and Southeast Asia, secure more contracts, and strengthen our market presence. By embracing innovation and sustainable development, we are committed to reinforcing our industry leadership and driving long-term business growth."About MECOM Power and Construction LimitedMECOM is a well-known integrated construction contractor in Macau and listed on the Hong Kong Stock Exchange on February 13, 2018. It specializes in the construction and maintenance of difficult and complex construction projects (especially including steel structures), high voltage power substation construction projects, facilities management and maintenance works for large-scale hotel/entertainment venues. MECOM has established a production facility in Jiangmen, Guangdong Province, expanding to research and development of new structural materials, electric vehicle charging and distribution business, as well as undertaking data center construction projects and maintenance.With an extensive portfolio of proprietary equipment and a diverse client base, MECOM maintains a strong cash flow position. Among its most notable projects include a large-scale integrated resort in Cotai, the world’s largest water-based performance venue, and the world’s first luxury hotel skyscraper featuring a free-form exoskeleton structure.Company Website: http://www.mecommacau.com/index.htmlFile: Press Release_MECOM Power and Constructions Limited Announces 2024 Annual Results_EN28/03/2025 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

Huitongda Network (9878.HK) Announces 2024 Annual Results; Member Stores Increased to 248,000; Net Profit Reaching RMB462 millionOn 27 March 2025, Huitongda Network (9878.HK) announced its 2024 annual results, reporting a gross profit margin increase of 0.5 percentage points to 3.8%, and a net profit of RMB 462 million for the Year. It is also the sixth consecutive year that it has reported a positive operating cash inflow. Operationally, there was an increase in member stores’ penetration and stickiness, with registered member retail stores increasing by 5% to 248,000, and active member retail stores reaching 95,000. Building its work around “upgrades and innovation, quality and efficiency” during the Year, Huitongda Network specifically implemented its strategic upgrades across 5 areas, achieving satisfactory results.After prioritizing net profit and cash flow instead of operating scale, the change in operational strategy has allowed Huitongda Network to significantly improve its gross profit margin, reporting a 15% YoY increase during the Year. As a result, operating expenses as a percentage of gross profit also decreased by 2%, and the operating capital conversion cycle also improved by 5 days. In terms of its omnichannel network, the Company was able to build on its foundation of 248,000 member stores across 21 provinces and 25,000 villages and towns, further expanding its reach online, on social media, and on overseas channels. In 2024, Huitongda Network recorded sales of RMB3.6 billion through such new channels.Regarding its intelligent upgrades, there was also accelerated AI+SaaS development, with the Company seeing notable results on member store acquisition, value chain collaborations, and management efficiency. Currently, its Qiancheng Cloud SaaS+ platform has already fully integrated with mainstream large models such as DeepSeek. Along with the introduction of new applications such as “AI employees”, it is expected that such services will boost the trade flows between urban and rural areas.Based on the Company’s disclosure, in 2025, Huitongda Network is planning to maintain its focus on profit and cash flow, and will strive to expand its member store network and increase store stickiness, in order to boost platform GMV. By increasing the volume of direct procurement from leading brands while driving self-owned brands and new product categories development, the Company is also looking to further improve its gross profit margin, fast-tracking its business development and resuming business growth.28/03/2025 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

Huitongda Network (9878.HK) Announces 2024 Annual Results; Member Stores Increased to 248,000; Net Profit Reaching RMB462 millionOn 27 March 2025, Huitongda Network (9878.HK) announced its 2024 annual results, reporting a gross profit margin increase of 0.5 percentage points to 3.8%, and a net profit of RMB 462 million for the Year. It is also the sixth consecutive year that it has reported a positive operating cash inflow. Operationally, there was an increase in member stores’ penetration and stickiness, with registered member retail stores increasing by 5% to 248,000, and active member retail stores reaching 95,000. Building its work around “upgrades and innovation, quality and efficiency” during the Year, Huitongda Network specifically implemented its strategic upgrades across 5 areas, achieving satisfactory results.After prioritizing net profit and cash flow instead of operating scale, the change in operational strategy has allowed Huitongda Network to significantly improve its gross profit margin, reporting a 15% YoY increase during the Year. As a result, operating expenses as a percentage of gross profit also decreased by 2%, and the operating capital conversion cycle also improved by 5 days. In terms of its omnichannel network, the Company was able to build on its foundation of 248,000 member stores across 21 provinces and 25,000 villages and towns, further expanding its reach online, on social media, and on overseas channels. In 2024, Huitongda Network recorded sales of RMB3.6 billion through such new channels.Regarding its intelligent upgrades, there was also accelerated AI+SaaS development, with the Company seeing notable results on member store acquisition, value chain collaborations, and management efficiency. Currently, its Qiancheng Cloud SaaS+ platform has already fully integrated with mainstream large models such as DeepSeek. Along with the introduction of new applications such as “AI employees”, it is expected that such services will boost the trade flows between urban and rural areas.Based on the Company’s disclosure, in 2025, Huitongda Network is planning to maintain its focus on profit and cash flow, and will strive to expand its member store network and increase store stickiness, in order to boost platform GMV. By increasing the volume of direct procurement from leading brands while driving self-owned brands and new product categories development, the Company is also looking to further improve its gross profit margin, fast-tracking its business development and resuming business growth.28/03/2025 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