tradingkey.logo
tradingkey.logo
Search

EQS Group

583 Articles

EQS Group is a leading international cloud provider in the areas of investor relations, corporate compliance and ESG. Listed companies benefit from a global newswire, investor targeting and contact management, as well as IR websites, digital reports and webcasts for efficient and secure investor communication on EQS platform. 


EQS Asia Newsroom provides first-hand financial news to our audiences.

Concord New Energy (0182.HK) Released 2024 Annual Results: Revenue Steady Growth in Power Generation Sector, Continuous Increase in Revenue and Power Generation Profit

On February 27, 2025, Concord New Energy Company Limited (0182.HK) reported annual results for the full year ended December 31, 2024. During the reporting year, the Company steadily advanced its diverse business operations and achieved robust development. The Company shows growth in attributable installed capacity, attributable power generation, and revenue from continuing operations, while further dropping of LCOE, financing costs and other operating expenses. In 2024, the Company achieved the continuing operations revenue of RMB2.75 billion, representing a year-on-year increase of 6.3%. Subsidiary-owned power generation attributable net profit reached RMB798 million, increased by 4.7%. Profit attributable to the owners of the Company amounted to RMB805 million, and net assets attributable to equity shareholders of the Company per share was RMB1.1. During the reporting year, the average financing cost for newly withdrawal was 3.43%, while the Company's total comprehensive financing cost fell to 3.98%, both reaching historical low levels. The company implemented multiple measures to achieve cost reducing and efficiency enhancement during the reporting period, resulting in a 15% year-on-year decrease in administrative expenses.The board of directors recommends to declare a final dividend of HK$0.035 per ordinary share in respect of the year ended 31 December 2024 (2023: HK$0.035). The Company's financial position remains healthy with strong operating cash flow. As at 31 December 2024, the Company held cash and cash equivalents approximately RMB2.23 billion.In 2024, the Company focused on international market segments and key provinces in China. The Company secured a total of 1,399MW new wind and solar projects worldwide,and 308MW/616MWh of international energy storage investment projects. Among the numbers, we secured 720MW of new wind and solar projects (listed in provincial annual construction plans) in China, 2,294MW of new wind resources and 160MW of new solar resources. By the year end of 2024, the cumulative wind and solar resource reserves in China exceeded 10.75GW. The addition of new wind power and photovoltaic projects and newly acquired international energy storage investment projects will solidify the foundation for the company's sustained development.In 2024, the Company progressively resolved bottlenecks hindering the commencement of multiple projects, thereby ensuring the orderly progression of project construction. The Company achieved a total construction capacity of 2,562MW. It includes 1,667MW from ongoing projects carried over from the previous year and 566MW that became operational during the reporting year. Additionally, 1,996MW of projects will continue to construct in the next year. As of December 31, 2024, the Company had attributable installed capacity for wind and solar power plants amounted to 4,615MW, increased by 14.0% comparing to the year beginning. Attributable power generation reached 8,645GWh, representing a year-on-year increase of 10.5%. The Company's weighted average utilization hours of wind plant was 2,192 hours, and 1,272 hours for solar PV plants. Nevertheless, these utilization hours remained 3.1% and 5.0% higher than the national average in China, respectively.With the accelerating process of fully integrating new energy electricity prices into market mechanisms, achievements in green power trading and green certificate marketing are further expanding, thereby fully leveraging the environmental value attributes to the green energy industry. In 2024, the Company achieved green electricity transactions totaling 811 million kWh and sold 6.41 million green certificates, both reflecting year-over-year increases. Mr. Liu Shun Xing, Chairman of the Board of Directors of Concord New Energy Company Limited indicates, Driven by technology innovation and energy transition policies, global clean energy investment continued to rise, with the global renewable energy investment reaching US$728 billion in 2024, an 8% increase from the previous year, setting a new record for investment size and demonstrating the dynamism and resilience of the renewable energy sector. Looking ahead to 2025, emerging loads such as artificial intelligence are likely to drive significant growth in power demand, creating development opportunities for the sustainable growth of renewable energy. As technological innovations in wind power, solar modules, advanced energy storage, and next-generation power systems continue to emerge, along with increasingly accommodative financing conditions, these developments will unlock the growth potential of renewable energy power plant investments. The Company will steadfastly execute its established development strategy, keenly observe new industry landscape and market dynamics, leverage our strengths, plan for steady growth, strengthen internal management, and continuing to drive the company's steady growth, we are committed to delivering superior investment returns to our shareholders.28/02/2025 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
Feb 28, 2025

US$ 100 million credit facility from Eurasian Development Bank

EQS Newswire / 27/02/2025 / 09:50 MSKSolidcore Resources plc (“Solidcore” or the “Company”) is pleased to announce that it has entered into a revolving credit facility agreement with the Eurasian Development Bank for up to US$ 100 million.“Securing this facility underscores the confidence of our financial partners in our business and long-term strategy. It enhances our liquidity position and provides the flexibility needed to support our growth initiatives”, said Evgenia Onuschenko, CFO of Solidcore Resources plc. About the Eurasian Development BankThe Eurasian Development Bank (EDB) is a multilateral development bank investing in Eurasia. For more than 18 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. The EDB's charter capital totals US $7 billion. Its portfolio consists principally of projects with an integration effect in transport infrastructure, digital systems, green energy, agriculture, manufacturing and mechanical engineering. The Bank adheres to the UN Sustainable Development Goals and ESG principles in its operations.About SolidcoreSolidcore Resources is a leading gold producer registered in AIFC, Kazakhstan, and listed on Astana International Exchange. Solidcore operates two producing gold mines and a major growth project (Ertis POX) in Kazakhstan.Enquiries Investor Relations Media Kirill Kuznetsov Alina Assanova +7 7172 47 66 55 (Kazakhstan) ir@solidcore-resources.com Yerkin Uderbay +7 7172 47 66 55 (Kazakhstan) media@solidcore-resources.kz FORWARD-LOOKING STATEMENTSThis release may include statements that are, or may be deemed to be, “forward-looking statements”. These forward-looking statements speak only as at the date of this release. These forward-looking statements can be identified by the use of forward-looking terminology, including the words “targets”, “believes”, “expects”, “aims”, “intends”, “will”, “may”, “anticipates”, “would”, “could” or “should” or similar expressions or, in each case their negative or other variations or by discussion of strategies, plans, objectives, goals, future events or intentions. These forward-looking statements all include matters that are not historical facts. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the company’s control that could cause the actual results, performance or achievements of the company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the company’s present and future business strategies and the environment in which the company will operate in the future. Forward-looking statements are not guarantees of future performance. There are many factors that could cause the company’s actual results, performance or achievements to differ materially from those expressed in such forward-looking statements. The company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.27/02/2025 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
Feb 27, 2025

US$ 100 million credit facility from Eurasian Development Bank

EQS Newswire / 27/02/2025 / 09:50 MSKSolidcore Resources plc (“Solidcore” or the “Company”) is pleased to announce that it has entered into a revolving credit facility agreement with the Eurasian Development Bank for up to US$ 100 million.“Securing this facility underscores the confidence of our financial partners in our business and long-term strategy. It enhances our liquidity position and provides the flexibility needed to support our growth initiatives”, said Evgenia Onuschenko, CFO of Solidcore Resources plc. About the Eurasian Development BankThe Eurasian Development Bank (EDB) is a multilateral development bank investing in Eurasia. For more than 18 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. The EDB's charter capital totals US $7 billion. Its portfolio consists principally of projects with an integration effect in transport infrastructure, digital systems, green energy, agriculture, manufacturing and mechanical engineering. The Bank adheres to the UN Sustainable Development Goals and ESG principles in its operations.About SolidcoreSolidcore Resources is a leading gold producer registered in AIFC, Kazakhstan, and listed on Astana International Exchange. Solidcore operates two producing gold mines and a major growth project (Ertis POX) in Kazakhstan.Enquiries Investor Relations Media Kirill Kuznetsov Alina Assanova +7 7172 47 66 55 (Kazakhstan) ir@solidcore-resources.com Yerkin Uderbay +7 7172 47 66 55 (Kazakhstan) media@solidcore-resources.kz FORWARD-LOOKING STATEMENTSThis release may include statements that are, or may be deemed to be, “forward-looking statements”. These forward-looking statements speak only as at the date of this release. These forward-looking statements can be identified by the use of forward-looking terminology, including the words “targets”, “believes”, “expects”, “aims”, “intends”, “will”, “may”, “anticipates”, “would”, “could” or “should” or similar expressions or, in each case their negative or other variations or by discussion of strategies, plans, objectives, goals, future events or intentions. These forward-looking statements all include matters that are not historical facts. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the company’s control that could cause the actual results, performance or achievements of the company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the company’s present and future business strategies and the environment in which the company will operate in the future. Forward-looking statements are not guarantees of future performance. There are many factors that could cause the company’s actual results, performance or achievements to differ materially from those expressed in such forward-looking statements. The company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.27/02/2025 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
Feb 27, 2025

Maiyue Technology (2501.HK) Establishes Strategic Win-Win Partnership with a Vietnamese Enterprise

Technological innovation and artificial intelligence (AI) are reshaping the corporate landscape, driving efficiency improvements and business model innovations, and becoming the key engines for companies to stand out in fierce competition. Maiyue Technology Limited (“Maiyue Technology” or “the Company”), stock code: 2501.HK) has been actively investing in research and development for the application of AI in China's government services, education, public transportation, and commercial sectors. Recently, Maiyue Technology has signed a strategic cooperation agreement with a Vietnamese innovative design and development company. Leveraging their respective professional strengths and resource advantages, they have achieved a "Win-Win situation," laying a solid foundation for expanding into the ASEAN market.Maiyue Technology Signs "Strategic Cooperation Agreement" to Expand into the Vietnamese MarketOn the occasion of the 75th anniversary of the establishment of diplomatic relations between China and Vietnam and the Year of China-Vietnam Cultural Exchange, from 18 February 2025 to 21 February 2025, Chen Gang, Secretary of the Guangxi Zhuang Autonomous Region Party Committee and Director of the Autonomous Region People's Congress Standing Committee, led a Guangxi delegation to visit Vietnam and meet with Vietnamese leaders. Both sides reached a consensus on strengthening technological innovation, digital transformation, and promoting cooperation in the field of AI. They will jointly establish the China-ASEAN AI Innovation Cooperation Center in Nanning, the capital of Guangxi Zhuang Autonomous Region, to deepen cooperation in industrial ecology and application scenarios.There are over ten leading domestic companies in the field of artificial intelligence participated in the event. As a prominent enterprise in the AI sector in Guangxi, Maiyue Technology joined the delegation in this significant diplomatic activity. Li Changqing, the Chairman of Maiyue Technology, and Zhang Guangbo, the Executive Director of Maiyue Technology, represented the Company. During the "Vietnam-China Enterprise Cooperation Signing and Exchange Ceremony," witnessed by Secretary Chen Gang and Nguyen Manh Hung, Minister of Information and Communications of Vietnam, of Maiyue Technology signed a cooperation agreement with Vietnam Made Trading Technology Limited ("Vietnam Made" or "Strategic Partner").Vietnam Made is an innovative design and development company in Vietnam, which focuses on the fields of smart hardware, industrial equipment, consumer electronics and the Internet of Things. This collaboration aims to establish a long-term strategic partnership with partners in the AI industry, jointly promoting the implementation of AI-related projects in Vietnam. Both parties are committed to deepening cooperation in the fields of e-sports and internet access services through a long-term strategic partnership in AI cloud computing.In particular, the Company will assist the Strategic Partner in realizing comprehensive empowerment of business, billing, operation, security and cloud computing in e-sports hotels, Internet cafes and other application scenarios in Vietnam through a full range of products and solutions, and solve common problems faced by operators in Internet access services, e-sports hardware, network and e-sports environment, so that the operators can focus on improving service quality, enriching value-added experience and optimizing customer operations.This strategic cooperation marks a significant milestone in the development of Maiyue Technology's AI business and lays a solid foundation for the company's expansion into the ASEAN market. By leveraging the respective professional strengths and resource advantages of the Company and the Strategic Partner, including but not limited to their deep connection and customer base in Vietnam, the cooperation will allow the Company to expand its geographical coverage and have easier penetration to countries in the ASEAN, broaden the revenue stream of the Company and create greater value for shareholdersMultiple Products Integrated with DeepSeek to Enhance Efficiency and ApplicabilityIn recent years, Maiyue Technology has actively responded to the national AI development strategy, constructing a diversified AI solution system that covers multi-scenario applications, deeply empowering the digital and intelligent transformation of various industries.Maiyue Technology has established an AI-enabled system that spans the entire spectrum of educational scenarios. The company's self-developed AI intelligent application platform has been integrated into the teaching practices of numerous schools, providing fundamental capabilities such as intelligent retrieval, data mining, and multimodal resource generation. Following the integration of the DeepSeek-R1 model, the platform has further expanded to include innovative modules such as Campus Information Hub, Intelligent Writing Assistant, and AI Teaching and Research Assistant, offering comprehensive support for school education, teaching, management decision-making, and scientific research innovation.On the other hand, the AI contract management platform has been successfully implemented in several large enterprises, including Guangxi Beibu Gulf International Port Group Co., Ltd. and Beibu Gulf Port Co., Ltd. Through functions such as intelligent clause review and performance risk warning, the platform enables digital management of the entire contract lifecycle, significantly enhancing enterprise operational efficiency. After integrating the DeepSeek-R1 model, the platform has improved the depth of legal semantic understanding and the accuracy of risk prediction, supporting multimodal processing capabilities and achieving cross-modal integration of voice and text.In the realm of Smart Governance, Maiyue Technology has leveraged its self-developed high-performance computing services and AI intelligent application platform to create an efficient and precise civil affairs management system for the Nanning Civil Affairs Bureau. By integrating multidimensional data such as social assistance, elderly care services, and community governance, the system has achieved intelligent analysis and precise services for civil affairs. In the field of Intelligent Transportation, Maiyue Technology has collaborated with Litong Technology, a subsidiary of Guangdong Transportation Group, to jointly promote the digital upgrade of transportation infrastructure. The two parties have successfully completed the adaptation testing of domestically produced GPUs and replaced video cloud gateways on the Guanghui Expressway. On the international front, Maiyue Technology has established a computing power center project in the Malaysia-China Kuantan Industrial Park, providing efficient and stable computing services to the local area and empowering the digital transformation of the ASEAN region.In the future, Maiyue Technology will work closely with its partners to fully promote the implementation and execution of AI projects. Building on this foundation, the company will steadfastly continue to increase its investment in technological research and development, continuously refining and optimizing its products and services to further enhance its R&D capabilities and market competitiveness. At the same time, Maiyue Technology will actively explore new AI business models and cutting-edge technology applications, expanding its business footprint to more regions within the country and across Southeast Asia. Driven by the dual engines of "Artificial Intelligence + computing power," the company will propel the global digital transformation process, infusing powerful developmental momentum into a multitude of industries.About Maiyue Technology Limited (2501.HK)Maiyue Technology is an industry-leading IT solution provider and service provider, and also the first Guangxi-based innovation-driven high-tech enterprise listed on the Hong Kong Stock Exchange. The Company was established in 2003 and listed in October 2023 on the Hong Kong Main Board. The Company focuses on empowering its customers in such industries as governance, business and education in their journey towards digitalization and intelligence with its technologies such as Internet of Things, big data and AI.For more information of Maiyue Technology Limited, please visit the company website:http://www.maiyuesoft.com/For inquiries, please contact:Maiyue Technology Limited (2501.HK) Email: cosec@maiyuesoft.com27/02/2025 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
Feb 27, 2025

Huitongda Network (9878.HK) Proposed Change in the Use of Proceeds from H Shares IPO, Focus on Pursuing Strategic Alliances, Investments, or Acquisitions

Huitongda Network (9878.HK) Proposed Change in the Use of Proceeds from H Shares IPO, Focus on Pursuing Strategic Alliances, Investments, or AcquisitionsHuitongda Network Co., Ltd (9878.HK) announced a change in the use of proceeds from its initial public offering of H shares, to further improve the efficiency of the use of raised funds and accelerate the integration of various business resources. The current adjustment is mainly to increase the available amount for “selectively pursuing strategic alliances, investments, or acquisitions” by an additional RMB506.1 million to RMB534.6 million. With supply chain consolidation, house brand development, and network expansion being its key focus in 2025, the increase in relevant funding is expected to improve flexibility and fast-track the progress of any potential joint ventures, investments, and mergers and acquisitions. That should also in turn, strengthen Huitongda’s core competitiveness and bring new growth impetus to its business. In particular, the change in the use of proceeds would allow Huitongda to explore opportunities among product manufacturers, which would be the building blocks of its house brand development that would give the Company more pricing power and better margins. The proceeds change would also dedicate more resources towards third-party operators within the value chain, allowing Huitongda to generate higher efficiency and better margins through consolidation. The proposed change in the use of proceeds shall be subject to the consideration and approval by the Shareholders at the general meeting by way of an ordinary resolution. File: 9878_Change of UOP_EQS Note_ENG_2025022425/02/2025 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
Feb 25, 2025

Huitongda Network (9878.HK) Proposed Change in the Use of Proceeds from H Shares IPO, Focus on Pursuing Strategic Alliances, Investments, or Acquisitions

Huitongda Network (9878.HK) Proposed Change in the Use of Proceeds from H Shares IPO, Focus on Pursuing Strategic Alliances, Investments, or AcquisitionsHuitongda Network Co., Ltd (9878.HK) announced a change in the use of proceeds from its initial public offering of H shares, to further improve the efficiency of the use of raised funds and accelerate the integration of various business resources. The current adjustment is mainly to increase the available amount for “selectively pursuing strategic alliances, investments, or acquisitions” by an additional RMB506.1 million to RMB534.6 million. With supply chain consolidation, house brand development, and network expansion being its key focus in 2025, the increase in relevant funding is expected to improve flexibility and fast-track the progress of any potential joint ventures, investments, and mergers and acquisitions. That should also in turn, strengthen Huitongda’s core competitiveness and bring new growth impetus to its business. In particular, the change in the use of proceeds would allow Huitongda to explore opportunities among product manufacturers, which would be the building blocks of its house brand development that would give the Company more pricing power and better margins. The proceeds change would also dedicate more resources towards third-party operators within the value chain, allowing Huitongda to generate higher efficiency and better margins through consolidation. The proposed change in the use of proceeds shall be subject to the consideration and approval by the Shareholders at the general meeting by way of an ordinary resolution. File: 9878_Change of UOP_EQS Note_ENG_2025022425/02/2025 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
Feb 25, 2025

Why Alpha Technology Group Limited (ATGL) Has Doubled: The DeepSeek Phenomenon

ATGL’s Meteoric RiseAlpha Technology Group Limited (NASDAQ: ATGL), a prominent Hong Kong-based Artificial Intelligence, IT solutions and cloud service provider, has captured significant investor attention with a staggering surge of 163.26% over 10 trading days (February 5-20, 2025). This outperforms peers like NVIDIA (NVDA) at 14.35%, Palantir (PLTR) at 10.10%, Kingsoft Cloud (KC) at 25.93%, and even outshines C3.ai (AI), which dropped -8.94% in the same period. With a shorter-term gain of over 57.91% in just 10 days, ATGL stock is highly active, prompting some investors on platforms like X to speculate it could soon hit $100.The DeepSeek CatalystThe driving force behind this rally ties to the emergence of DeepSeek, a Chinese AI model that has stunned the global tech landscape. Competing directly with OpenAI’s ChatGPT in cost and functionality, DeepSeek has defied expectations, showcasing China’s growing AI prowess. This unexpected disruption has shifted market dynamics, forcing strategic pivots (e.g., ChatGPT’s response) and igniting a frenzy among investors seeking the next “gold mine.” The ripple effect has boosted concept stocks tied to DeepSeek across global markets— A-shares, U.S. stocks, and Hong Kong stocks—spanning computing power infrastructure, cloud services, and AI smart hardware.AI Sector MomentumATGL’s surge aligns with broader market trends in early 2025, where the Nasdaq and S&P 500 have skyrocketed, fueled by fierce AI technology competition. Tech stocks, particularly those in the AI space, have been volatile yet predominantly upward-trending. Companies like Kingsoft Cloud and ATGL, with their cloud and AI-driven offerings, are riding this wave, attracting significant capital from AI-focused funds. ATGL’s involvement in cloud services and AI-powered solutions (e.g., OCR) positions it as a direct beneficiary of this sector-wide enthusiasm.Why ATGL Stands OutAs many DeepSeek concept stocks have already been bid up, savvy investors are now hunting for the next doubling opportunity. ATGL has naturally emerged as a top contender. Its impressive 163.26% gain in 10 trading days—far exceeding peers—signals strong momentum and market confidence. Like Kingsoft Cloud, ATGL is becoming a magnet for AI investment funds, capitalizing on its role in the cloud and IT solutions space. With the stock market rewarding AI innovation, ATGL’s combination of rapid growth and strategic alignment with DeepSeek’s influence makes it a standout choice for those betting on the next big winner.20/02/2025 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
Feb 20, 2025

Why Alpha Technology Group Limited (ATGL) Has Doubled: The DeepSeek Phenomenon

ATGL’s Meteoric RiseAlpha Technology Group Limited (NASDAQ: ATGL), a prominent Hong Kong-based Artificial Intelligence, IT solutions and cloud service provider, has captured significant investor attention with a staggering surge of 163.26% over 10 trading days (February 5-20, 2025). This outperforms peers like NVIDIA (NVDA) at 14.35%, Palantir (PLTR) at 10.10%, Kingsoft Cloud (KC) at 25.93%, and even outshines C3.ai (AI), which dropped -8.94% in the same period. With a shorter-term gain of over 57.91% in just 10 days, ATGL stock is highly active, prompting some investors on platforms like X to speculate it could soon hit $100.The DeepSeek CatalystThe driving force behind this rally ties to the emergence of DeepSeek, a Chinese AI model that has stunned the global tech landscape. Competing directly with OpenAI’s ChatGPT in cost and functionality, DeepSeek has defied expectations, showcasing China’s growing AI prowess. This unexpected disruption has shifted market dynamics, forcing strategic pivots (e.g., ChatGPT’s response) and igniting a frenzy among investors seeking the next “gold mine.” The ripple effect has boosted concept stocks tied to DeepSeek across global markets— A-shares, U.S. stocks, and Hong Kong stocks—spanning computing power infrastructure, cloud services, and AI smart hardware.AI Sector MomentumATGL’s surge aligns with broader market trends in early 2025, where the Nasdaq and S&P 500 have skyrocketed, fueled by fierce AI technology competition. Tech stocks, particularly those in the AI space, have been volatile yet predominantly upward-trending. Companies like Kingsoft Cloud and ATGL, with their cloud and AI-driven offerings, are riding this wave, attracting significant capital from AI-focused funds. ATGL’s involvement in cloud services and AI-powered solutions (e.g., OCR) positions it as a direct beneficiary of this sector-wide enthusiasm.Why ATGL Stands OutAs many DeepSeek concept stocks have already been bid up, savvy investors are now hunting for the next doubling opportunity. ATGL has naturally emerged as a top contender. Its impressive 163.26% gain in 10 trading days—far exceeding peers—signals strong momentum and market confidence. Like Kingsoft Cloud, ATGL is becoming a magnet for AI investment funds, capitalizing on its role in the cloud and IT solutions space. With the stock market rewarding AI innovation, ATGL’s combination of rapid growth and strategic alignment with DeepSeek’s influence makes it a standout choice for those betting on the next big winner.20/02/2025 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
Feb 20, 2025

Company secures a US$ 60 million investment loan from BCC for green projects

EQS Newswire / 19/02/2025 / 09:32 MSKSolidcore Resources plc (“Solidcore” or the “Company”) and Kazakhstani Bank CenterCredit (“BCC”) have entered into an agreement for a 7-year loan facility of up to US$ 60 million to finance the construction of solar and gas piston power plants at the Company’s operations.“We are pleased to partner with Bank CenterCredit, which shares our commitment to sustainable development and supports our key green energy initiatives. The loan facility marks Solidcore’s first transaction in the debt financing market following the rebranding of the Company and the refreshed strategy launched earlier this year. We are looking forward to a productive partnership with BCC and other financial institutions as we work to implement the Company’s ambitious strategic projects”, said Evgenia Onuschenko, CFO of Solidcore Resources plc. Green energy development projects are a key element of Solidcore’s strategy to reduce the carbon footprint of the Company and contribute to Kazakhstan’s decarbonisation goals. The funds received from BCC will be used to finance the construction of a 23 MW solar power plant and a 40 MW gas piston power plant at Varvara, as well as the construction of a 17 MW solar power plant at Kyzyl (the latter will be considered by the Board this year). The power plants are expected to be launched in 2026. Once operational, they will replace purchased electricity generated primarily by coal power plants, and thereby reduce the Company’s emissions by 27% compared to 2023, minimise reliance on external energy sources, and help mitigate the risk of rising electricity tariffs.About Bank CenterCreditBank CenterCredit JSC is one of the largest banks in Kazakhstan, established in 1998. The bank serves more than three million individuals and business clients. BCC operates in accordance with environmental standards, invests in socially responsible projects and follows high standards of corporate governance. The bank received the highest ESG score in the S&P Global CSA among Kazakhstan-based financial institutions in 2024.About SolidcoreSolidcore Resources is a leading gold producer registered in AIFC, Kazakhstan, and listed on Astana International Exchange. Solidcore operates two producing gold mines and a major growth project (Ertis POX) in Kazakhstan.Enquiries Investor Relations Media Kirill Kuznetsov Alina Assanova +7 7172 47 66 55 (Kazakhstan) ir@solidcore-resources.com Yerkin Uderbay +7 7172 47 66 55 (Kazakhstan) media@solidcore-resources.kz FORWARD-LOOKING STATEMENTSThis release may include statements that are, or may be deemed to be, “forward-looking statements”. These forward-looking statements speak only as at the date of this release. These forward-looking statements can be identified by the use of forward-looking terminology, including the words “targets”, “believes”, “expects”, “aims”, “intends”, “will”, “may”, “anticipates”, “would”, “could” or “should” or similar expressions or, in each case their negative or other variations or by discussion of strategies, plans, objectives, goals, future events or intentions. These forward-looking statements all include matters that are not historical facts. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the company’s control that could cause the actual results, performance or achievements of the company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the company’s present and future business strategies and the environment in which the company will operate in the future. Forward-looking statements are not guarantees of future performance. There are many factors that could cause the company’s actual results, performance or achievements to differ materially from those expressed in such forward-looking statements. The company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.19/02/2025 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
Feb 19, 2025

Company secures a US$ 60 million investment loan from BCC for green projects

EQS Newswire / 19/02/2025 / 09:32 MSKSolidcore Resources plc (“Solidcore” or the “Company”) and Kazakhstani Bank CenterCredit (“BCC”) have entered into an agreement for a 7-year loan facility of up to US$ 60 million to finance the construction of solar and gas piston power plants at the Company’s operations.“We are pleased to partner with Bank CenterCredit, which shares our commitment to sustainable development and supports our key green energy initiatives. The loan facility marks Solidcore’s first transaction in the debt financing market following the rebranding of the Company and the refreshed strategy launched earlier this year. We are looking forward to a productive partnership with BCC and other financial institutions as we work to implement the Company’s ambitious strategic projects”, said Evgenia Onuschenko, CFO of Solidcore Resources plc. Green energy development projects are a key element of Solidcore’s strategy to reduce the carbon footprint of the Company and contribute to Kazakhstan’s decarbonisation goals. The funds received from BCC will be used to finance the construction of a 23 MW solar power plant and a 40 MW gas piston power plant at Varvara, as well as the construction of a 17 MW solar power plant at Kyzyl (the latter will be considered by the Board this year). The power plants are expected to be launched in 2026. Once operational, they will replace purchased electricity generated primarily by coal power plants, and thereby reduce the Company’s emissions by 27% compared to 2023, minimise reliance on external energy sources, and help mitigate the risk of rising electricity tariffs.About Bank CenterCreditBank CenterCredit JSC is one of the largest banks in Kazakhstan, established in 1998. The bank serves more than three million individuals and business clients. BCC operates in accordance with environmental standards, invests in socially responsible projects and follows high standards of corporate governance. The bank received the highest ESG score in the S&P Global CSA among Kazakhstan-based financial institutions in 2024.About SolidcoreSolidcore Resources is a leading gold producer registered in AIFC, Kazakhstan, and listed on Astana International Exchange. Solidcore operates two producing gold mines and a major growth project (Ertis POX) in Kazakhstan.Enquiries Investor Relations Media Kirill Kuznetsov Alina Assanova +7 7172 47 66 55 (Kazakhstan) ir@solidcore-resources.com Yerkin Uderbay +7 7172 47 66 55 (Kazakhstan) media@solidcore-resources.kz FORWARD-LOOKING STATEMENTSThis release may include statements that are, or may be deemed to be, “forward-looking statements”. These forward-looking statements speak only as at the date of this release. These forward-looking statements can be identified by the use of forward-looking terminology, including the words “targets”, “believes”, “expects”, “aims”, “intends”, “will”, “may”, “anticipates”, “would”, “could” or “should” or similar expressions or, in each case their negative or other variations or by discussion of strategies, plans, objectives, goals, future events or intentions. These forward-looking statements all include matters that are not historical facts. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the company’s control that could cause the actual results, performance or achievements of the company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the company’s present and future business strategies and the environment in which the company will operate in the future. Forward-looking statements are not guarantees of future performance. There are many factors that could cause the company’s actual results, performance or achievements to differ materially from those expressed in such forward-looking statements. The company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based.19/02/2025 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
Feb 19, 2025

HUAWEI Mate XT | ULTIMATE DESIGN Debuts Global with HUAWEI Watch Supporting Macao’s Leading E-Wallet, MPay

On February 18, HUAWEI revealed its latest products at a launch event in Malaysia, including the HUAWEI Mate XT | Ultimate Design, while announcing a strategic collaboration with Macau Pass. This partnership integrates MPay—Macao's leading mobile payment platform—making it one of the first three international e-wallets supporting the HUAWEI watch. This not only represents an innovative step in Macao’s digital payment landscape, but also set a new template for wearable technology applications. (MPay becomes one of the first three international e-wallets supporting the HUAWEI watch)MPay ewallet payment is now available on HUAWEI WATCH GT 4 series, HUAWEI WATCH GT5 series, HUAWEI WATCH FIT3, HUAWIE WATCH D2 and HUAWEI WATCH ULTIMATE. The above mentioned HUAWEI watch series also support GCash (Philippines) and Touch 'n Go e-Wallet (Malaysia). Users can link their MPay accounts to the HUAWEI watch, allowing them to pay by tapping wrist without using smartphones to pay. This provides significant convenience, especially during outdoor activities and fitness routines. The system utilizes dynamic encryption technology to prevent QR code fraud, ensuring secure and reliable transactions. Visitors from Chinese mainland and Hong Kong can download and register the MPay app, link it to their HUAWEI watch, and enjoy the seamless "tap your wrist to pay" experience in Macao.Dickson Yang, Director of Huawei Device Business Hong Kong, stated, " Technology exists to serve humanity. In designing and innovating wearables, we focus on incorporating more practical features into users' daily lives. As Macao's leading financial technology company, Macau Pass has established MPay not only as a widely used regional payment platform but also as a way that connects users to diverse services. This collaboration will drive innovation in wearable device payments, with plans to explore further partnerships in various scenarios, aiming to build a comprehensive ecosystem for wearable devices.” Sun Ho, Chairman and CEO of Macau Pass, said, "We're honored to partner with global technology leader HUAWEI as one of the first three international e-wallets supporting HUAWEI watch. The first launch of the wearable payment solution in Macao not only enhances payment convenience for users, but also represents a significant innovation in Macao's financial technology industry and injects fresh energy into Macao’s smart city construction.”At the product launch event, Macau Pass has been honored with HUAWEI Outstanding Ecosystem Award 2025. As strategic partners, HUAWEI and Macau Pass will leverage their respective strengths in technology and finance to explore new collaboration opportunities, engage in extensive and in-depth partnerships, and offer users a more seamless smart living experience. This will also contribute to the construction of Macao as a smart city and further enhance its global influence.About HUAWEI Device Co., Ltd.Huawei’s products and services are available in more than 170 countries, and are used by a third of the world’s population. With 14 R&D centers having been set up in the Germany, Sweden, Russia, India and mainland China, Huawei Consumer Business Group is one of Huawei’s three business units and covers smartphones, personal computers and tablets, wearable gears, and cloud services etc. Building on its solid foundation and expertise in the telecommunications business for over 30 years and on the strength of its self-owned global network, its globalized operational capabilities and its worldwide network of cooperation partners, Huawei Consumer Business Group is dedicated to delivering the latest technological advances to consumers around the world. “Make it Possible to Build a Better Connected World”, Huawei Consumer Business Group is committed to living up to its motto at all times.About Macau Pass S.A.Macau Pass, a leading financial technology and payment services company in Macao, contributes to the popularization of mobile payments and the construction of a smart city in Macao by providing contactless smart cards, e-wallets, and versatile electronic payment systems. In 2007, Macau Pass introduced the first contactless smart card mCard in Macao, which is now one of the largest contactless smart card and electronic payment system in Macao. In 2015, Macau Pass introduced mobile payment to Macao and created the MPay app in 2018. Today, it is not only one of the most widely used payment applications in Macao but has also developed into a super app that covers financial payments, lifestyle services, and leisure and entertainment scenarios, providing comprehensive digital services for local merchants, residents, and tourists in Macao.Rooted in Macao and with a vision for global connectivity, Macau Pass is committed to advancing financial technology and smart city initiatives. The company continues to expand its digital service offerings and enhance payment solutions to meet the evolving demands of users in the Greater Bay Area and beyond. Through these efforts, Macau Pass strives to strengthen Macao's connections with the global community and foster economic and cultural prosperity across the region.18/02/2025 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
Feb 18, 2025

Newborn Town (SEHK:9911) Added to MSCI Global Small Cap Index After Inclusion in FTSE

Newborn Town (SEHK:9911) Added to MSCI Global Small Cap Index After Inclusion in FTSE[Hong Kong – February 12, 2025] Newborn Town Inc. (Newborn Town or the Company, stock code: SEHK 9911, together with its subsidiaries, collectively referred to as the Group), a leading global social entertainment company, is delighted to announce its inclusion in theMSCI Global Small Cap Index, according to the latest quarterly index review by MSCI, a globally recognized index provider.This change will take effect after the market closes on February 28, 2025. It marks another significant milestone for Newborn Town, following the Company’s recognition by leading global stock indices, including its addition to the FTSE Global Small Cap Index (FTSE) and the FTSE All-Cap (LMS) Index in September 2024.MSCI is one of the world’s most influential stock indices, covering high-performing, high-potential companies. Itis widely recognized by international financial markets and referenced by global investment institutions. Every year, MSCIconducts four routine index adjustmentsannually, primarily based on objective quantitative indicators such as market capitalization and liquidity.Strong Financial Performance Achieved in 2024 as AI-Driven Business Strategy Begins to Show ResultsAs a leading AI-driven social entertainment company, Newborn Town has been on a strong growth trajectory in 2024, withcontinuous improvement in its market capitalization. On January 20, the Company released its unaudited operating datafor 2024,withtotal revenue expected to reach RMB 4,960 million to 5,200 million, reflecting a year-on-year increase of approximately 50.0%to 57.2%. The core segment, social networking business, is expected to achieverevenue of approximately RMB4,520 million to 4,720 million, highlighting an increase of approximately 54.3% to 61.1% year-on-year. Thenext day after the announcement, Newborn Town’s stock price surged over 16%.Newborn Town experienced significant revenue growth in 2024 compared to 2023. Its diverse social products, through a "bush-like" growth strategy, demonstrate strong potential, while the positive impact of AI integration has begun to materialize, boosting commercialization efficiency.Newborn Town has continuously expanded its social business in recent years, resulting in a thrivingportfolio of social apps centered around MICO, YoHo, TopTop, SUGO, and HeeSay.The integration of AI technology in business has been gradually deepened,enhancing efficiency and creatingpositive emotional values forusersworldwide.In 2024, Newborn Town demonstrated remarkable growth in its global competitiveness, rising to the 4th place onthelist of non-game Chinese publishers based on overseas revenue in December, released by diandian.com.Capital Market Influence continuously Grows while Shares Buybacks from Company Show Long-term ConfidenceWith robust business growth, Newborn Town’s influence in the capital markets is increasingly prominent. In September 2024, Newborn Town was included in both the FTSE Global Small Cap and FTSE All-Cap indices. Later in 2024, the global asset management giant Vanguard Group also invested in Newborn Town, becoming one of the largest institutional investors.Over the past year, Newborn Town has demonstrated its firm confidence in future growth through concrete actions. From early 2024 to January 19, 2025, the Company repurchased approximately 68 million shares, totaling over HKD 230 million. Looking ahead, Newborn Town will continue to prioritize its growth in the MENA region while maintaining its global expansion strategy so as to create positive emotional values for users worldwide.About Newborn TownNewborn Town has grown into a leading technology company which was listed on the Main Board of the Hong Kong Stock Exchange (HKEX) in 2019 under the stock code 09911.HK.Committed to creating positive emotional values worldwide, Newborn Town has developed a diverse portfolio of applications in the social networking and entertainment sectors. Its social apps include MICO, YoHo, TopTop, SUGO and HeeSay, together with gaming products like Alice's Dream: Merge Games. These applications have achieved widespread acclaim, reaching over one billion users in over one hundred countries and regions.Newborn Town considers the Middle East and North Africa (MENA) region a key market and has also extended its influence in Southeast Asia, Europe, the United States, Japan, and South Korea. The company aims to become the world's largest social entertainment company.For enquiries, please contactDLK Advisory pr@dlkadvisory.comFile: Newborn Town (SEHK:9911) Added to MSCI Global Small Cap Index After Inclusion in FTSE12/02/2025 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
Feb 12, 2025

Adicon Recognizes the Importance of Attracting and Retaining Talent Through its Incentive Plans

HANGZHOU, China (February 11, 2025) – Adicon Holdings Limited (the "Company," together with its subsidiaries, the "Group"), a leading independent clinical laboratory company, is pleased to provide the latest status of the 2019 Incentive Plans adopted by the Company and defined in the Company’s latest financial reports. The Company recognizes the importance of attracting, retaining, and motivating talented individuals who contribute to the Group's success. Our 2019 Incentive Plans were approved and adopted on July 9, 2019, and since inception, it had been administered by a plan administrator, who is a director of the Company, designated by the board from time to time. Since IPO, Trident Trust Company (HK) Limited (“Trident Trust”) acted as trustee under the 2019 Incentive Plans, and from the latest disclosures, Trident Trust transferred 31,884,991 shares to Computershare Hong Kong Investor Services Limited's account at DBS Vickers (Hong Kong) Limited (“Computershare”) on September 28, 2023. As of the date of this press release, the 31,884,991 shares held by Computershare, representing 4.39% of total shares outstanding (excluding treasury shares), together with shares held by Trident Trust, has and continue to be governed and managed under the 2019 Incentive Plans as described in the Company’s IPO prospectus. The Company will continue to monitor the effectiveness of these plans and make adjustments as necessary to ensure they remain aligned with the Group's strategic goals and shareholder interests.About AdiconAdicon is one of the leading independent clinical laboratory (ICL) networks in China. The Company offers comprehensive and best-in-class testing services primarily to hospitals and health check centers as well as central laboratory services to biopharma clients and contract research organizations through an integrated network of 34 self-operated laboratories across China. Currently, 21 of Adicon’s laboratories are accredited by ISO15189, which enabled the Company to provide customers with the quality assurance that comes with this rigorous international standard. The Company’s testing portfolio consists of over 4,000 medical diagnostic tests, including over 1,700 routine tests and over 2,300 esoteric tests. Adicon is committed to serving patients and the general public continuously with high-quality testing services as a leading ICL service provider in China and becoming a trusted and reliable partner for medical professionals and the general public. 11/02/2025 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
Feb 11, 2025

Huitongda (9878.HK) SaaS+ Platform Achieve Full Integration with DeepSeek

【For immediate release】-11 February 2025Huitongda Network Co., Ltd.(Stock Code: 9878.HK)* * *HTD SaaS+ Platform Achieve Full Integration with DeepSeekSupport the Smart Development of Family-run Retail Stores in Suburban and Rural areas in China(11 February 2025, Hong Kong) Huitongda Network Co., Ltd (9878.HK), a leading commerce and service platform dedicated to serving business customers in China’s retail market, recently announced that its cloud-based SaaS+ Platform, “HTD SaaS+”, has achieved full integration with DeepSeek, the open-source, cost-effective generative AI that could greatly facilitate offline family-run retail stores operations in suburban and rural areas in China. Bringing Powerful AI Engine to Family-run Retail Stores in ChinaBy bridging with DeepSeek, the Group’s “HTD SaaS+” empowers its member stores to make smarter business decisions and improve operating efficiency. Notable improvements were seen in its AI shopping guide and AI private domain traffic CRM functions, with precise profiling leading to more frequent consumption, higher customer stickiness, and a 20% increase in recommended product adoption rate, and an improved engagement system leading to low-cost, streamlined operations but with customized experiences, promoting family-run retail stores to effectively retain and acquire customers. The current service upgrade has been extended to aspects including “digital management”, “intelligent services”, “marketing services”, “supply chain optimization”, and “omni-channel expansion”, essentially covering the fundamental AI needs of family-run retail stores from procurement, marketing, to customer service and after-sales. In the future, the Group intends to further expand the use of large-scale modeling technologies, by introducing additional SaaS tools that cater to the specific needs and characteristics of the rural economy in China, and help family-run retail stores to achieve intelligent and automated shop operations.Huitongda to Promote a Demand-Pull Supply ChainIn 2024, Huitongda officially announced its “industrial upgrade” strategy, looking to tap into new product categories, open up new distribution channels, and explore new business models. The introduction of DeepSeek not only provides great convenience to its member shops, but the increasingly accurate customer profiling and predictive models would also significantly enhance supply chain agility, pushing Huitongda closer to its end goal of creating a demand-pull supply chain for family-run retail stores in China. With the help of the operating data from its extensive member store network, the Group expects further efficiency enhancement in product R&D and distribution across niche sectors such as household appliances, consumer electronics, liquor and beverages, and daily necessities. The Group is also looking to collaborate with local governments and leading enterprises in deploying AI technologies to agricultural products and other rural resources, contributing to rural advancement in China, while further establishing Huitongda as the leading commerce service provider for business customers among suburban and rural markets in China.- End -About Huitongda Network Co., Ltd.Huitongda Network (9878.HK) is a leading commerce and service platform dedicated to serving business customers in China’s retail market. Supported by its established e-commerce platform and SaaS solutions, expansive brands and wholesaler network, strong fulfilment and logistics capability, and localized servicing team, the Group is able to provide one-stop product and operation solutions for family-run retail stores in China, creating a unique digital ecosystem and business opportunities in China’s suburban and rural areas. As of June 30, 2024, Huitongda has established a retail ecosystem covering 21 provinces and municipalities, with more than 25,000 villages and towns and 246,000 member stores in China. The Company was listed on the main board of the Stock Exchange of Hong Kong (SEHK) on February 18, 2022.This press release is issued by DLK Advisory Limited on behalf of Huitongda Network Co., Ltd..For enquiries, please contact: DLK Advisory 金通策略Telephone: +852 2857 7101Fax: +852 2857 7103pr@dlkadvisory.comFile: 9878_DeekSeek_Press release_ENG_20250211_FINAL11/02/2025 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
Feb 11, 2025

Huitongda (9878.HK) SaaS+ Platform Achieve Full Integration with DeepSeek

【For immediate release】-11 February 2025Huitongda Network Co., Ltd.(Stock Code: 9878.HK)* * *HTD SaaS+ Platform Achieve Full Integration with DeepSeekSupport the Smart Development of Family-run Retail Stores in Suburban and Rural areas in China(11 February 2025, Hong Kong) Huitongda Network Co., Ltd (9878.HK), a leading commerce and service platform dedicated to serving business customers in China’s retail market, recently announced that its cloud-based SaaS+ Platform, “HTD SaaS+”, has achieved full integration with DeepSeek, the open-source, cost-effective generative AI that could greatly facilitate offline family-run retail stores operations in suburban and rural areas in China. Bringing Powerful AI Engine to Family-run Retail Stores in ChinaBy bridging with DeepSeek, the Group’s “HTD SaaS+” empowers its member stores to make smarter business decisions and improve operating efficiency. Notable improvements were seen in its AI shopping guide and AI private domain traffic CRM functions, with precise profiling leading to more frequent consumption, higher customer stickiness, and a 20% increase in recommended product adoption rate, and an improved engagement system leading to low-cost, streamlined operations but with customized experiences, promoting family-run retail stores to effectively retain and acquire customers. The current service upgrade has been extended to aspects including “digital management”, “intelligent services”, “marketing services”, “supply chain optimization”, and “omni-channel expansion”, essentially covering the fundamental AI needs of family-run retail stores from procurement, marketing, to customer service and after-sales. In the future, the Group intends to further expand the use of large-scale modeling technologies, by introducing additional SaaS tools that cater to the specific needs and characteristics of the rural economy in China, and help family-run retail stores to achieve intelligent and automated shop operations.Huitongda to Promote a Demand-Pull Supply ChainIn 2024, Huitongda officially announced its “industrial upgrade” strategy, looking to tap into new product categories, open up new distribution channels, and explore new business models. The introduction of DeepSeek not only provides great convenience to its member shops, but the increasingly accurate customer profiling and predictive models would also significantly enhance supply chain agility, pushing Huitongda closer to its end goal of creating a demand-pull supply chain for family-run retail stores in China. With the help of the operating data from its extensive member store network, the Group expects further efficiency enhancement in product R&D and distribution across niche sectors such as household appliances, consumer electronics, liquor and beverages, and daily necessities. The Group is also looking to collaborate with local governments and leading enterprises in deploying AI technologies to agricultural products and other rural resources, contributing to rural advancement in China, while further establishing Huitongda as the leading commerce service provider for business customers among suburban and rural markets in China.- End -About Huitongda Network Co., Ltd.Huitongda Network (9878.HK) is a leading commerce and service platform dedicated to serving business customers in China’s retail market. Supported by its established e-commerce platform and SaaS solutions, expansive brands and wholesaler network, strong fulfilment and logistics capability, and localized servicing team, the Group is able to provide one-stop product and operation solutions for family-run retail stores in China, creating a unique digital ecosystem and business opportunities in China’s suburban and rural areas. As of June 30, 2024, Huitongda has established a retail ecosystem covering 21 provinces and municipalities, with more than 25,000 villages and towns and 246,000 member stores in China. The Company was listed on the main board of the Stock Exchange of Hong Kong (SEHK) on February 18, 2022.This press release is issued by DLK Advisory Limited on behalf of Huitongda Network Co., Ltd..For enquiries, please contact: DLK Advisory 金通策略Telephone: +852 2857 7101Fax: +852 2857 7103pr@dlkadvisory.comFile: 9878_DeekSeek_Press release_ENG_20250211_FINAL11/02/2025 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
Feb 11, 2025

QSEC-CEE 2025 Concludes with Breakthroughs in Quantum Cybersecurity

KOŠICE, SLOVAKIA - February 05, 2025 - (SeaPRwire) - Decent Cybersecurity concluded its highly anticipated conference QSEC-CEE 2025 on post-quantum cybersecurity, bringing together experts and innovators at Bistro HÁJE and online, on Jan 31, 2025. The sold-out hybrid event gathered leading cybersecurity professionals from across Central and Eastern Europe, fostering critical discussions on the future of quantum-resistant security solutions.The conference, organized by Decent Cybersecurity, a founding member of the Critical Infrastructure Association of the Slovak Republic (Asociácia kritickej infraštruktúry Slovenskej republiky, AKI), showcased the region's emerging leadership in quantum security innovation.The day opened with powerful keynotes from industry leaders. Matej Michalko, CEO of Decent Cybersecurity, delivered an inspiring vision of Central Europe's role in quantum security, followed by Michaela Abel, COO, who outlined practical steps for building quantum-ready organizations.The program flowed seamlessly through technical and strategic presentations. Ing. Pavol Krcho, PhD. traced the fascinating evolution from punch cards to post-quantum cryptography, while doc. Ing. Jaroslav Sivák CSc. delivered crucial insights on critical infrastructure security. Marek Procháska brought fresh perspectives on the post-quantum future of DevOps.The afternoon sessions saw Ing. Hana Krchová, Ph.D., MBA tackling the future of R&D project management, followed by Mgr. Jozef Binder's exploration of agile methodologies in the quantum era. Certified cybersecurity auditor and manager Ing. Pavol Adámek rounded out the program with a comprehensive overview of NIS2 implementation in Slovakia."The quantum threat isn't coming – it's here," warned Michaela Abel during her keynote. "And today showed that Central Europe isn't waiting for solutions from Silicon Valley or Tel Aviv. We're building them ourselves."The carefully curated single-track format ensured all attendees, both in-person and virtual, shared the same powerful experience. Live translation services in English, Slovak, and Czech enabled seamless communication across the region."The energy here is different," noted one attendee from Prague. "It's not just another tech conference – there's real work getting done, whether you're here in person or joining remotely."The choice of venue proved inspired. Bistro HÁJE, perched in Košice's Lorinčík district, offered a refreshing break from sterile conference centers. Between sessions, in-person attendees networked over local specialties while taking in panoramic views of the surrounding countryside, while virtual participants engaged through dedicated networking channels.About Decent CybersecurityA founding member of the Critical Infrastructure Association of the Slovak Republic, Decent Cybersecurity leads the charge in European cybersecurity solutions, with a laser focus on post-quantum security and critical infrastructure protection. The company holds ISO 9001 and ISO 27001 certifications from TÜV SÜD, and maintains national, EU, and NATO security clearances at the "Secret" level. As a certified provider of cybersecurity audit by the National Security Authority, Decent Cybersecurity brings the highest level of security expertise to protect critical infrastructure and sensitive data.About Critical Infrastructure Association of the Slovak RepublicThe Critical Infrastructure Association of the Slovak Republic (Asociácia kritickej infraštruktúry Slovenskej republiky, AKI) unites key players in Slovakia's critical infrastructure security sector, driving innovation in national security solutions.About Bistro HÁJETucked away at Pod Hájmi 28, Košice-Lorinčík, Bistro HÁJE has become Košice's go-to venue for high-stakes business gatherings. Its blend of professional facilities and stunning natural surroundings offers a welcome departure from conventional conference spaces.For conference materials and future events: www.decentcybersecurity.eu and www.akisr.skContactDecent Cybersecurity s.r.o.media@decentcybersecurity.eu05/02/2025 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
Feb 5, 2025

QSEC-CEE 2025 Concludes with Breakthroughs in Quantum Cybersecurity

KOŠICE, SLOVAKIA - February 05, 2025 - (SeaPRwire) - Decent Cybersecurity concluded its highly anticipated conference QSEC-CEE 2025 on post-quantum cybersecurity, bringing together experts and innovators at Bistro HÁJE and online, on Jan 31, 2025. The sold-out hybrid event gathered leading cybersecurity professionals from across Central and Eastern Europe, fostering critical discussions on the future of quantum-resistant security solutions.The conference, organized by Decent Cybersecurity, a founding member of the Critical Infrastructure Association of the Slovak Republic (Asociácia kritickej infraštruktúry Slovenskej republiky, AKI), showcased the region's emerging leadership in quantum security innovation.The day opened with powerful keynotes from industry leaders. Matej Michalko, CEO of Decent Cybersecurity, delivered an inspiring vision of Central Europe's role in quantum security, followed by Michaela Abel, COO, who outlined practical steps for building quantum-ready organizations.The program flowed seamlessly through technical and strategic presentations. Ing. Pavol Krcho, PhD. traced the fascinating evolution from punch cards to post-quantum cryptography, while doc. Ing. Jaroslav Sivák CSc. delivered crucial insights on critical infrastructure security. Marek Procháska brought fresh perspectives on the post-quantum future of DevOps.The afternoon sessions saw Ing. Hana Krchová, Ph.D., MBA tackling the future of R&D project management, followed by Mgr. Jozef Binder's exploration of agile methodologies in the quantum era. Certified cybersecurity auditor and manager Ing. Pavol Adámek rounded out the program with a comprehensive overview of NIS2 implementation in Slovakia."The quantum threat isn't coming – it's here," warned Michaela Abel during her keynote. "And today showed that Central Europe isn't waiting for solutions from Silicon Valley or Tel Aviv. We're building them ourselves."The carefully curated single-track format ensured all attendees, both in-person and virtual, shared the same powerful experience. Live translation services in English, Slovak, and Czech enabled seamless communication across the region."The energy here is different," noted one attendee from Prague. "It's not just another tech conference – there's real work getting done, whether you're here in person or joining remotely."The choice of venue proved inspired. Bistro HÁJE, perched in Košice's Lorinčík district, offered a refreshing break from sterile conference centers. Between sessions, in-person attendees networked over local specialties while taking in panoramic views of the surrounding countryside, while virtual participants engaged through dedicated networking channels.About Decent CybersecurityA founding member of the Critical Infrastructure Association of the Slovak Republic, Decent Cybersecurity leads the charge in European cybersecurity solutions, with a laser focus on post-quantum security and critical infrastructure protection. The company holds ISO 9001 and ISO 27001 certifications from TÜV SÜD, and maintains national, EU, and NATO security clearances at the "Secret" level. As a certified provider of cybersecurity audit by the National Security Authority, Decent Cybersecurity brings the highest level of security expertise to protect critical infrastructure and sensitive data.About Critical Infrastructure Association of the Slovak RepublicThe Critical Infrastructure Association of the Slovak Republic (Asociácia kritickej infraštruktúry Slovenskej republiky, AKI) unites key players in Slovakia's critical infrastructure security sector, driving innovation in national security solutions.About Bistro HÁJETucked away at Pod Hájmi 28, Košice-Lorinčík, Bistro HÁJE has become Košice's go-to venue for high-stakes business gatherings. Its blend of professional facilities and stunning natural surroundings offers a welcome departure from conventional conference spaces.For conference materials and future events: www.decentcybersecurity.eu and www.akisr.skContactDecent Cybersecurity s.r.o.media@decentcybersecurity.eu05/02/2025 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
Feb 5, 2025

Unveiling the 100-Billion Giant China Hongqiao: An Exceptional Value Pick Among Industry Peers

Recently, China Hongqiao (01378.HK) has ignited a new wave of market enthusiasm with its consecutive large-scale share buybacks.From January 15 to January 17, China Hongqiao conducted share buybacks for three consecutive trading days, spending a total of HKD 87.58 million to repurchase 7.59 million shares. This move immediately won enthusiastic responses from the market. China Hongqiao's stock price increased by more than 5 percentage points in two consecutive trading days, with investors casting their votes through turnover which exceeded HKD 1 billion.China Hongqiao, a leading electrolytic aluminum company with a market value exceeding HKD 120 billion, which initiated this new round of share buybacks, has sent a strong signal to the market that the company's value is significantly underestimated by the market.From market feedback, the company's buyback action has become a new engine for its valuation improvement.Buybacks Demonstrate Confidence, Catalyzing New Momentum for Valuation GrowthChina Hongqiao has already clarified in its announcement regarding the reason behind this round of buybacks: The current stock price deviates from the company's value, and further share buybacks may be considered depending on market conditions. According to the share buyback authorization resolution, China Hongqiao can repurchase up to 948 million shares. It can be boldly predicted that the company will continue to conduct share buybacks in the future.Regarding the purpose of the share buybacks, China Hongqiao clearly stated that the action is for cancellation. While listed companies' share buyback purposes include equity incentives, future resale and cancellation, among which cancellation is seen to be the most direct and beneficial method for all shareholders.When a listed company cancels its repurchased shares, the number of floating shares in the market decreases while the value remains the same. This means the value per-share of the listed company will increase significantly.From a market demand and supply perspective, a reduction in a listed company's share count indicates a decrease in market supply. While demand remains constant, conditions for stock price appreciation are created .It can be said that buybacks are not only a valuation enhancement measure taken by listed companies when they believe their stocks are undervalued, but it’s also a means for listed companies to return capital to shareholders and reward them for holding the shares. Therefore, many large listed companies with outstanding performances frequently conduct large-scale share buybacks throughout the year.For example, the champion of the 2024 Hong Kong sharebuybacks - Tencent Holdings (00700.HK). has bought back 307 million shares throughout the year, with a total amount of HKD 112 billion according to the public information from the Hong Kong Stock Exchange, as of December 31,Driven by the continuous buybacks, Tencent's total share capital further decreased to 9.22 billion, reaching its lowest level in ten years, while its earnings per share continued to rise, with growth rates exceeding its revenue and operating profit.Therefore, buybacks are always seen to be beneficial for both the company and the investors. China Hongqiao's recent actions of buybacks and upcoming cancellations, in terms of short-term effects, not only reduce the number of shares circulating in the market which directly pushing up the stock price, but also convey to the market about the company's firm confidence in its future development. This demonstration of confidence, especially against the background of steady growth in company performance, has attracted more investor’s attention, thus adding strong momentum for further improving the company's valuation.Buybacks Support Asset Integration, Opening a New Chapter in Value ReassessmentMore profoundly, China Hongqiao's buyback actions are closely connected to its overall strategic deployment. The company optimizes resource allocation and enhances overall market competitiveness through buybacks coordinated with asset restructuring of its indirect subsidiary companies.Recently, China Hongqiao welcomed a historic positive development for valuation improvement. Hontron Holdings (a company listed on the Shenzhen Stock Exchange,stock code: 002379.SZ), an indirect subsidiary of China Hongqiao, proposed to acquire all equity of another indirect subsidiary, Hongtuo Industrial.Hongtuo Industrial is China Hongqiao's core asset in the aluminum products business, owning all aluminum alloy products, alumina products, and some aluminum alloy processing product production lines of China Hongqiao and its subsidiaries in mainland China.Hontron Holdings is an integrated aluminum plate, strip, and foil processing enterprise, mainly engaged in the development, production, and sales of high-precision aluminum plate, strip, and foil products, with main products including pharmaceutical foil, household foil, and container foil.From an industrial development perspective, Hontron Holdings operates as a downstream enterprise within the same industry as Hongtuo Industrial. After their restructuring, the upstream and downstream industry synergies will be further improved, and they can share their respective technology, production, and customer resources, with comprehensive competitiveness that will surpass other companies in the industry.Therefore, this asset restructuring initiative will not only bring enormous market opportunities to China Hongqiao but is also expected to further enhance the company's profitability and market position through asset integration and synergistic effects. Against this background, the buybacks not only demonstrate the company's determination for future development but also help improve the company's valuation level. Through asset integration, China Hongqiao will further enhance management efficiency and performance, thereby driving sustained valuation improvement in the long term, generating higher market expectations and confidence in China Hongqiao's future.Golden Opportunity in a Valuation Trough, A Leading Enterprise with Growth PotentialChina Hongqiao's combination of capital and industrial "one-two punch" demonstrates its strength as the leading electrolytic aluminum stock. China Hongqiao, as a high-quality target company which is rare in the capital market, is currently undervalued.As an industry leader, China Hongqiao's valuation is below the average level of Hong Kong-listed aluminum companies. Wind data shows that as of January 17's closing, the average P/E ratio of Hong Kong-listed aluminum companies was approximately 6.73 times, while China Hongqiao, even after a recent round of price increases, remains at a low P/E ratio of only about 6.04 times. Compared to its peers in the same tier, such as Chalco with a P/E ratio of 7.42 times, China Hongqiao appears to be underpriced.From this perspective, China Hongqiao demonstrates impressive strength, yet its valuation falls short of what a top-tier industry leader deserves., making it a clearly undervalued industry giant. Many third-party investment institutions have also taken notice, explicitly stating that China Hongqiao's valuation is at a low level within the industry.Recently, Bank of America's Global Research team set a target price of HKD 17.9 per share for China Hongqiao, showing significant upside potential compared to its January 17 closing price of HKD 12.68 per share.Since the second half of 2023, the aluminum industry has entered a cyclical upward trend, with continuous improvement in industry prosperity bringing opportunities for rapid growth in enterprise performance. China Hongqiao has demonstrated a more powerful development momentum compared to industry peers by deepening its upstream and downstream integrated layout.Tebon Securities issued a research report stating that on January 10, the State Council Information Office press conference again emphasized loose and proactive fiscal policy, expecting electrolytic aluminum demand to potentially increase under continued domestic stimulus. Based on the current cost curve, to meet the projected 2025 electrolytic aluminum demand, the aluminum price should reach at least RMB 22,065.5 per ton.On January 7, the price of electrolytic aluminum was RMB 19,660 per ton. Tebon Securities judges that future electrolytic aluminum prices and profits may increase, with profit margins potentially rising by approximately RMB 2,406 per ton, recommending investment in leading industries such as China Hongqiao.Under the catalysis of a series of major positive factors including strong performance, buybacks, and asset restructuring, China Hongqiao, currently in a value low point, is offering a golden opportunity. The market is expected to further recognize its value, paving the way for a return to fair valuation. 03/02/2025 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
Feb 3, 2025

Zhi Sheng Group Holdings Limited (Stock Code: 8370.HK) Appoints Mr. Lai Ningning as Chief Executive Officer

Zhi Sheng Group Holdings Limited (Stock Code: 8370.HK)Appoints Mr. Lai Ningning as Chief Executive Officer (28 January 2025, Hong Kong) Fast-developing data center construction and management company - Zhi Sheng Group Holdings Limited (the “Company” or “Zhi Sheng Group”, stock code: 8370.HK) is pleased to announce that, it has appointed Mr. Lai Ningning as its Chief Executive Officer with effect from 23 December 2024. Mr. Lai has been appointed for an initial term of one year, which is automatically renewable for a successive term of one year each commencing from the expiry of the then current term of appointment.Mr. Lai is currently an executive Director of Zhi Sheng Group. Entering the data center industry as early as 2000, Mr. Lai. has accumulated over 20 years of industry experience, making him a well-regarded expert in the field. He previously worked for VNET Group, one of China's top data center operators, where he started as a junior engineer. Within six years, he was promoted to senior executive, establishing an industry-leading independent business unit in just another four years. In 2017, Mr. Lai founded Beijing Hao Kuan Network Technology Company Limited, currently the largest internet exchange center service provider in China, serving numerous well-known enterprises. On top of the above achievements, he also founded Beijing Haoyang Cloud & Data Technology Company Limited, overseeing the construction of two large-scale data center campuses along with multiple exchange and incubation projects. One of the most well-known projects under his supervision was the Langfang No. 1 Data Center. The project, built to national Class A standards, boasts a total power capacity exceeding 300MW and computing power of over 200,000P, capable and currently serving several prominent internet players. Benefited from Mr. Lai’s extensive industry experience and exceptional achievements, the Langfang No. 1 Data Center project has also attracted investment from one of the world's largest private equity firms.In recent years, Zhi Sheng Group has been actively expanding its data center business. In 2020, the Company officially launched its data center operations in Shanghai through the acquisition of Polyqueue Limited, initially leasing data center cabinets and subleasing them to third-party customers in return for stable rental income. As the data center market continued to thrive, the Company also strived to expand its upstream resources to reduce costs and increase efficiency, and in turn, establish long-term partnerships with several well-known internet companies through outstanding service capabilities. Recently, the Company has also introduced the buildout management service business, an innovative business model that covers data center construction and management, effectively enhancing customer stickiness and profitability of projects.The Board would like to welcome Mr. Lai on his appointment, and is confident in his capability for fast-tracking its business development. The appointment of Mr. Lai should bring vast industry experience, strong technical know-how, and extensive global resources to the Company's data center business. Given the Company’s data center business is still in its early stages, Mr. Lai’s presence is expected to accelerate the transformation of its data center business, allowing the Company to further expand its customer base, and achieve greater heights in the data center industry.– END –About Zhi Sheng Group Holdings LimitedZhi Sheng Group is principally engaged in the manufacture and sale of furniture products, with its products mainly selling to the domestic PRC market, including Sichuan Province, Chongqing City, the Tibet Autonomous Region and Guizhou Province. Since the acquisition of Polyqueue Limited in January 2020, the Group has also tapped into the data center business in the PRC. By June 2021, the Group started to carry buildout management service business, seizing the market opportunities brought about by the development of AI and cloud computing. This press release is issued by DLK Advisory Limited on behalf of Zhi Sheng Group Holdings Limited.DLK Advisory 金通策略pr@dlkadvisory.comTel: +852 2857 7101Fax: +852 2857 710328/01/2025 Dissemination of a Marketing Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Jan 28, 2025

Zhi Sheng Group Holdings Limited (Stock Code: 8370.HK) Appoints Mr. Lai Ningning as Chief Executive Officer

Zhi Sheng Group Holdings Limited (Stock Code: 8370.HK)Appoints Mr. Lai Ningning as Chief Executive Officer (28 January 2025, Hong Kong) Fast-developing data center construction and management company - Zhi Sheng Group Holdings Limited (the “Company” or “Zhi Sheng Group”, stock code: 8370.HK) is pleased to announce that, it has appointed Mr. Lai Ningning as its Chief Executive Officer with effect from 23 December 2024. Mr. Lai has been appointed for an initial term of one year, which is automatically renewable for a successive term of one year each commencing from the expiry of the then current term of appointment.Mr. Lai is currently an executive Director of Zhi Sheng Group. Entering the data center industry as early as 2000, Mr. Lai. has accumulated over 20 years of industry experience, making him a well-regarded expert in the field. He previously worked for VNET Group, one of China's top data center operators, where he started as a junior engineer. Within six years, he was promoted to senior executive, establishing an industry-leading independent business unit in just another four years. In 2017, Mr. Lai founded Beijing Hao Kuan Network Technology Company Limited, currently the largest internet exchange center service provider in China, serving numerous well-known enterprises. On top of the above achievements, he also founded Beijing Haoyang Cloud & Data Technology Company Limited, overseeing the construction of two large-scale data center campuses along with multiple exchange and incubation projects. One of the most well-known projects under his supervision was the Langfang No. 1 Data Center. The project, built to national Class A standards, boasts a total power capacity exceeding 300MW and computing power of over 200,000P, capable and currently serving several prominent internet players. Benefited from Mr. Lai’s extensive industry experience and exceptional achievements, the Langfang No. 1 Data Center project has also attracted investment from one of the world's largest private equity firms.In recent years, Zhi Sheng Group has been actively expanding its data center business. In 2020, the Company officially launched its data center operations in Shanghai through the acquisition of Polyqueue Limited, initially leasing data center cabinets and subleasing them to third-party customers in return for stable rental income. As the data center market continued to thrive, the Company also strived to expand its upstream resources to reduce costs and increase efficiency, and in turn, establish long-term partnerships with several well-known internet companies through outstanding service capabilities. Recently, the Company has also introduced the buildout management service business, an innovative business model that covers data center construction and management, effectively enhancing customer stickiness and profitability of projects.The Board would like to welcome Mr. Lai on his appointment, and is confident in his capability for fast-tracking its business development. The appointment of Mr. Lai should bring vast industry experience, strong technical know-how, and extensive global resources to the Company's data center business. Given the Company’s data center business is still in its early stages, Mr. Lai’s presence is expected to accelerate the transformation of its data center business, allowing the Company to further expand its customer base, and achieve greater heights in the data center industry.– END –About Zhi Sheng Group Holdings LimitedZhi Sheng Group is principally engaged in the manufacture and sale of furniture products, with its products mainly selling to the domestic PRC market, including Sichuan Province, Chongqing City, the Tibet Autonomous Region and Guizhou Province. Since the acquisition of Polyqueue Limited in January 2020, the Group has also tapped into the data center business in the PRC. By June 2021, the Group started to carry buildout management service business, seizing the market opportunities brought about by the development of AI and cloud computing. This press release is issued by DLK Advisory Limited on behalf of Zhi Sheng Group Holdings Limited.DLK Advisory 金通策略pr@dlkadvisory.comTel: +852 2857 7101Fax: +852 2857 710328/01/2025 Dissemination of a Marketing Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
Jan 28, 2025
tradingkey.logo
Risk Warning: Our Website and Mobile App provides only general information on certain investment products. Finsights does not provide, and the provision of such information must not be construed as Finsights providing, financial advice or recommendation for any investment product.
Investment products are subject to significant investment risks, including the possible loss of the principal amount invested and may not be suitable for everyone. Past performance of investment products is not indicative of their future performance.
Finsights may allow third party advertisers or affiliates to place or deliver advertisements on our Website or Mobile App or any part thereof and may be compensated by them based on your interaction with the advertisements.
© Copyright: FINSIGHTS MEDIA PTE. LTD. All Rights Reserved.