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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.

Shealth.AI Secures Investment from XVC Tech, Transforming Healthcare Diagnostics with a Focus on Data Privacy

Dubai, UAE - November 11, 2024 - (SeaPRwire) - Shealth.AI (http://shealth.ai) is proud to announce they have secured investment from XVC Tech. Shealth.AI harnesses advanced Artificial Intelligence (AI) to revolutionize diagnostics, gaining early traction among hospitals and diagnostic center. This milestone marks XVC Tech's first foray into AI-driven healthcare, a natural extension following their success with AI tools like CodeRun.AI, which provides XDC Network developers with comprehensive technical and code generation support. CodeRun.AI has gained popularity among XDC Network developers, helping them build, deploy, and optimize smart contracts and dApps efficiently.XVC Tech, a leading venture capital firm founded by Atul Khekade and Ritesh Kakkad of XDC Network, a $1 billion decentralized computing layer used in applications such as banking, payments, trade finance, and more has made a strategic entry into the healthcare technology sector with its investment in Shealth.AI.While the valuation details of this investment remain undisclosed, Shealth.AI's MVP is recognized as a game-changer, utilizing AI for rapid and precise diagnostics with nearly 99% accuracy in imaging-based assessments. Hospitals and labs benefit from Shealth.AI's advanced, privacy-focused AI solutions, which are positioned to enhance clinical efficiency and improve patient care outcomes.A significant driver behind XVC Tech's investment is Shealth.AI's commitment to user data privacy, a crucial factor amid heightened regulations such as the General Data Protection Regulation (GDPR) and other international data protection laws. Unlike many AI healthcare solutions that rely on public or external data storage, Shealth.AI ensures data protection by storing user information securely within the organization's on-premises cloud infrastructure. This approach not only enhances privacy compliance but also provides organizations with full control over their data, aligning perfectly with evolving legal standards in healthcare data protection."XVC Tech is thrilled to support Shealth.AI's mission to make healthcare more precise, efficient, and accessible while prioritizing data privacy," said Aneri Merchant, Investment Manager from XVC Tech. She added "Our initial funding and technical guidance have helped Shealth.AI leverage AI to impact the healthcare industry meaningfully. With Shealth.AI's GDPR-compliant infrastructure, hospitals and diagnostics companies can confidently integrate AI into their operations without compromising patient data security."Ms. Sheetal Chand, Founder and Chief Scientist of Shealth.AI, added, "The support from XVC Tech has been invaluable. Our MVP is already making strides in diagnostic accuracy, and we're just beginning. Together, we aim to revolutionize healthcare diagnostics, enhance patient experiences, and set a new standard for data privacy in healthcare through our advanced AI-driven solutions."This partnership highlights XVC Tech's dedication to advancing Artificial Intelligence across industries, from XDC Network's developer support tool in blockchain to groundbreaking healthcare innovations, reinforcing their commitment to the future of AI-driven solutions that prioritize data privacy and compliance. Furthermore, XVC Tech is actively seeking strategic partners and co-investors to expand Shealth.AI's groundbreaking technology on a global scale, ensuring the product's transformative potential reaches healthcare systems worldwide. Shealth.AI is actively open for partnerships with healthcare institutions and hospitals, as well as strategic investment opportunities, to accelerate the integration of its AI-driven diagnostic solutions across the healthcare landscape. This aligns with our vision of collaborative growth, leveraging strategic partnerships to bring Shealth.AI's transformative technology to healthcare providers worldwide.Contact DetailsSarah JohnsonDirector of Communications at Shealth.AIsarah.johnson@shealth.aiWebsite: https://shealth.ai11/11/2024 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
Nov 11, 2024

Newborn Town (SEHK:9911) Invited by MISA to Join Cultural Dinner at the 8th Future Investment Initiative, exploring new investment opportunities

[11 Nov 2024 – Hong Kong] Newborn Town Inc., a leading global social entertainment company (Newborn Town or the Company, stock code: SEHK 9911), was invited by the Ministry of Investment of Saudi Arabia (MISA), one of the organizers of the 8th Future Investment Initiative (FII) conference, to attend the cultural gala dinner held in the historic city, Diriyah.The FII conference, held this year from October 29 to 31, drew an impressive assembly of political and business leaders from around the globe, highlighting Saudi Arabia’s growing role in fostering international investment partnerships.The gala dinner took place at Al-Turaif, a UNESCO World Heritage Site in Diriyah, home to the first capital of the Kingdom of Saudi Arabia. The dinner commenced with an impressive light show that beautifully portrayed the Kingdom's profound history and vibrant cultural heritage. This was followed by welcome speeches delivered by prominent political and business leaders.As one of the companies engaged in Saudi Arabia's Regional Headquarters Program (RHQ), Newborn Town was honored to attend this cultural gathering and involved in profound discussions with esteemed leaders from the political and business sectors. Together, they reflected on the Kingdom's illustrious past while exploring the dynamic investment opportunities that Saudi Arabia presents today.Launched in February 2021, the Regional Headquarters (RHQ) Program is a collaborative initiative between the Ministry of Investment of Saudi Arabia (MISA) and the Royal Commission for Riyadh City (RCRC). Its objective is to invite multinational companies to set up their regional headquarters in the Kingdom of Saudi Arabia, underscoring the Kingdom's commitment to economic diversification and its support for the ambitious "Vision 2030" goals.Reports indicate that MISA has issued over 540 regional headquarters permits to foreign companies, already exceeding its 2030 target of 500 permits. In September, Newborn Town and MISA held an inauguration ceremony in Riyadh under the theme "To Connect, Explore, and Thrive Together," celebrating Newborn Town as the first global social entertainment company to establish a regional headquarters in Saudi Arabia while looking forward to a promising future for the local online social entertainment industry.Since 2017, Newborn Town has steadily expanded its footprint in the Middle East and North Africa (MENA) market, closely attuning to the social entertainment needs of local users. Through refined localization strategies, the company has built a robust ecosystem in MENA, offering a diverse social entertainment portfolio that includes products such as MICO, YoHo, TopTop, and SUGO.In late August, Newborn Town hosted the Interim Results presentationthemed "The Arabian Nights"in Hong Kong, which embraced a Middle Eastern flair. The event focused on sharing the company's strategies and achievements in the MENA region. CEO Li Ping said Newborn Town's sustained investments in MENA over recent years have established substantial market barriers through localized operations. In the first half of 2024, the MENA region accounted for over 50% of Newborn Town's social networking revenue.With Vision 2030, Saudi Arabia is embracing vibrant economic growth and abundant investment opportunities. Newborn Town is committed to deepening its presence in Saudi Arabia and other MENA markets, growing alongside these key regions to unlock exceptional business opportunities and foster a prosperous future together.Beyond commercial success, Newborn Town is dedicated to creating lasting social impact in Saudi Arabia and the MENA region. The company actively upholds its corporate social responsibilities by promoting local employment, supporting vulnerable groups—including children with cancer—and aiding disaster-affected areas. Through these efforts, Newborn Town stands with the community, contributing meaningfully toward realizing Saudi Arabia’s Vision 2030.About Newborn TownNewborn Town has grown into a leading technology company which was listed on the Main Board of the Hong Kong Stock Exchange (HKEX) in 2019 under the stock code 9911.Committed to creating positive emotional values worldwide, Newborn Town has developed a diverse portfolio of applications in the social networking and entertainment sectors. Its social apps include MICO, YoHo, TopTop, SUGO and HeeSay, together with gaming products like Alice's Dream: Merge Games. These applications have achieved widespread acclaim, reaching over one billion users in over one hundred countries and regions.Newborn Town considers the Middle East and North Africa (MENA) region a key market and has also extended its influence in Southeast Asia, Europe, the United States, Japan, and South Korea. The company aims to become the world's largest social entertainment company.For enquiries, please contactDLK Advisory pr@dlkadvisory.com11/11/2024 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
Nov 11, 2024

Sun Hung Kai & Co. Launches Mortgage Servicing Business to Manage a US$100M Institutionally Owned Residential Mortgage Portfolio

Sun Hung Kai & Co. Limited (SEHK: 86, "SHK & Co.") is pleased to announce the launch of its new mortgage portfolio services. This initiative focuses on managing a residential mortgage portfolio recently acquired by institutional investors. Sun Hung Kai Credit Limited (“SHK Credit”), a subsidiary of SHK & Co. and a leading non-bank property mortgage provider in Hong Kong, will offer comprehensive administrative services and institutional-grade portfolio performance monitoring to these investors.As the Hong Kong property market begins to stabilise, developers are increasingly focusing on the sale of residential units and optimising their balance sheets. This has led to more developers divesting their residential mortgage portfolios and outsourcing their mortgage administration and servicing to third party service providers.Gigi Wong, Head of Business Development, Real Estate and Private Credit at SHK & Co., shared her views, “As the cost of capital for mortgage portfolios is likely to rise, we anticipate an increase in mortgage portfolio disposals. Residential mortgage portfolio investments present a compelling opportunity to integrate our retail mortgage platform with our institutionalised private credit platform. This approach facilitates effective portfolio management and when leveraging our own capital, it would align our interests with those of our investors. SHK & Co. has been active in alternative investments, particularly private credit, for many years. With Hong Kong being one of our core markets, we are excited about this new initiative. We look forward to collaborating with prospective mortgage portfolio investors and developers going forward.”- End -About Sun Hung Kai & Co.Sun Hung Kai & Co. Limited (SEHK: 86) (“SHK & Co.” / the “Company”, together with its subsidiaries, the “Group”) is a leading Hong Kong-based financial institution recognised for its expertise in alternative investments and wealth management. Since 1969, the Company has built a diversified investment portfolio across public markets, credit and alternatives strategies including real estate and private equity, delivering long-term risk-adjusted returns.Leveraging on its deep-rooted Asian heritage, SHK & Co. supports and nurtures specialist emerging asset managers in the region, empowering them to excel. SHK & Co. also utilises its long-standing investment expertise and resources in providing tailored investment solutions to like-minded partners and ultra-high-net-worth investors through its Family Office Solutions. As at 30 June 2024, the Group held about HK$39.5 billion in total assets.For more information about SHK & Co., please visit www.shkco.com / follow the Company on LinkedIn.For media enquiries, please contact:Hill and KnowltonJoanne Lam +852 9839 6552Sidney Leng +852 5443 4320Lynn Zhang +852 9794 5751Email: SHKCo@hkstrategies.com11/11/2024 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
Nov 11, 2024

Solidcore Resources plc: Group’s CEO discussed the Company’s projects with the President of the Republic of Kazakhstan, Kassym-Jomart Tokayev

EQS Newswire / 07/11/2024 / 04:00 MSKAt the meeting with the President of Kazakhstan Kassym-Jomart Tokayev, held last week as a part of the 36th plenary session of the Foreign Investors’ Council in Astana, Vitaly Nesis, CEO of Solidcore Resources plc (“Solidcore” or the “Company”), outlined the Company's performance and investment plans, including construction of Ertis hydrometallurgical complex (EPOX) in Pavlodar and development of Syrymbet polymetallic deposit in North-Kazakhstan region.EPOX“EPOX is our flagship development project”, said Vitaly Nesis. “It will process refractory and double-refractory gold concentrates using autoclave oxidation technology. This is a unique technology recognized as the safest and most sustainable in the hydrometallurgical industry.” Mr. Nesis also elaborated on the ongoing pre-project preparation for construction. The plant will be located in the special economic zone “Pavlodar” with design processing capacity of 300 Kt of concentrate per year. It is expected to produce gold dore bars with up to 98% gold purity. Once in operation, the facility will create about 500 new jobs in the region. The planned investments are estimated at approx. US$ 800 million, which will be financed through a combination of the Company’s existing cash resources and funding from development banks and international financial institutions.SYRYMBETVitaly Nesis also informed President Tokayev about the Company's acquisition of a 55% interest in Syrymbet, an undeveloped polymetallic deposit located in North-Kazakhstan region.“Syrymbet is a polymetallic deposit with tin as a major component, which perfectly fits our strategy of enhancing and diversifying Solidcore’s exposure to the green transition. Management believes the project will benefit from the Company’s execution expertise and successful track record in out-of-the box processing strategies”, he said.Solidcore will refine the existing approach to processing to accelerate path to production, optimise capital expenditures and reduce the environmental footprint of the project. The project will bring about social investments in the region and create a significant number of permanent jobs with a focus on the local workforce.LABORATORY“With the growing volume of geological exploration work carried out by the Company, we decided to establish our own geological fire assay laboratory to facilitate analysis and evaluation processes”, said Vitaly Nesis.The laboratory will be located in the special economic zone “Saryarka”. Commissioning is scheduled for the end of the next year. It will have a processing capacity of 200,000 samples annually and will create about 100 jobs for highly qualified specialists.PERSONNEL DEVELOPMENTWith 2025 declared the Year of Working Professions in Kazakhstan, Vitaly Nesis also highlighted the Company’s initiatives in training and development of workforce in the regions of Solidcore’s presence. A notable example is the Company’s collaboration with local authorities to develop Zharma Technological College in Abai region. The College has been equipped with modern educational tools, including excavator and dump truck simulators, as well as machinery and other training equipment.President Kassym-Jomart Tokayev emphasized the importance of the Company’s efforts for Kazakhstan’s mining sector.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.07/11/2024 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
Nov 7, 2024

Solidcore Resources plc: Group’s CEO discussed the Company’s projects with the President of the Republic of Kazakhstan, Kassym-Jomart Tokayev

EQS Newswire / 07/11/2024 / 04:00 MSKAt the meeting with the President of Kazakhstan Kassym-Jomart Tokayev, held last week as a part of the 36th plenary session of the Foreign Investors’ Council in Astana, Vitaly Nesis, CEO of Solidcore Resources plc (“Solidcore” or the “Company”), outlined the Company's performance and investment plans, including construction of Ertis hydrometallurgical complex (EPOX) in Pavlodar and development of Syrymbet polymetallic deposit in North-Kazakhstan region.EPOX“EPOX is our flagship development project”, said Vitaly Nesis. “It will process refractory and double-refractory gold concentrates using autoclave oxidation technology. This is a unique technology recognized as the safest and most sustainable in the hydrometallurgical industry.” Mr. Nesis also elaborated on the ongoing pre-project preparation for construction. The plant will be located in the special economic zone “Pavlodar” with design processing capacity of 300 Kt of concentrate per year. It is expected to produce gold dore bars with up to 98% gold purity. Once in operation, the facility will create about 500 new jobs in the region. The planned investments are estimated at approx. US$ 800 million, which will be financed through a combination of the Company’s existing cash resources and funding from development banks and international financial institutions.SYRYMBETVitaly Nesis also informed President Tokayev about the Company's acquisition of a 55% interest in Syrymbet, an undeveloped polymetallic deposit located in North-Kazakhstan region.“Syrymbet is a polymetallic deposit with tin as a major component, which perfectly fits our strategy of enhancing and diversifying Solidcore’s exposure to the green transition. Management believes the project will benefit from the Company’s execution expertise and successful track record in out-of-the box processing strategies”, he said.Solidcore will refine the existing approach to processing to accelerate path to production, optimise capital expenditures and reduce the environmental footprint of the project. The project will bring about social investments in the region and create a significant number of permanent jobs with a focus on the local workforce.LABORATORY“With the growing volume of geological exploration work carried out by the Company, we decided to establish our own geological fire assay laboratory to facilitate analysis and evaluation processes”, said Vitaly Nesis.The laboratory will be located in the special economic zone “Saryarka”. Commissioning is scheduled for the end of the next year. It will have a processing capacity of 200,000 samples annually and will create about 100 jobs for highly qualified specialists.PERSONNEL DEVELOPMENTWith 2025 declared the Year of Working Professions in Kazakhstan, Vitaly Nesis also highlighted the Company’s initiatives in training and development of workforce in the regions of Solidcore’s presence. A notable example is the Company’s collaboration with local authorities to develop Zharma Technological College in Abai region. The College has been equipped with modern educational tools, including excavator and dump truck simulators, as well as machinery and other training equipment.President Kassym-Jomart Tokayev emphasized the importance of the Company’s efforts for Kazakhstan’s mining sector.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.07/11/2024 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
Nov 7, 2024

Chery Reaches 15 Millionth Vehicle Milestone: TIGGO 8 Proudly Rolls Off the Line at Brazil's Manufacturing Base

Recently, Chery Group reached a monumental moment in its journey. In four countries—Egypt, Brazil, Kazakhstan, and Malaysia—Chery vehicles rolled off production lines simultaneously. At the same time, a celebration was held at the Wuhu manufacturing base in China to commemorate the milestone of the 15 millionth vehicle. This series of remarkable achievements signifies Chery's leap across five continents and weaves together an extraordinary 15-million vehicle roll-off event that transcends borders. At the 15-million vehicle roll-off ceremony, Yin Tongyue, Chairman of Chery Group, remarked: "From 1 to 15 million, it is not just a growth in product quantity or a breakthrough in Chery's speed, but an unyielding innovation to turn the impossible into the possible and to turn the possible into even greater possibilities." Looking ahead to the next 15 million, Chery will focus on the user, build on technology, and take globalization as the direction, striving not only for sales growth but also for advancements in quality, structural optimization, and brand value, bringing global users more delightful, diverse, and differentiated brand options.TIGGO 8 Shines Globally, Adding Brilliance to the 15 Millionth Vehicle Milestone CelebrationDuring the global synchronized roll-off ceremony, the TIGGO 8 rolled off the production line at Chery's Brazil manufacturing base, becoming an integral part of the 15-million milestone achievement. In terms of sales, the TIGGO 8 series has achieved over 1 million global sales, gaining recognition from urban elites worldwide. Additionally, various models of the TIGGO 8 series continue to sell well and gain widespread trust in markets such as Brazil, South Africa, Saudi Arabia, and Ecuador. Since its debut in Brazil in 2020, the TIGGO 8 has received high praise, winning recognition from authoritative institutions and the favor of consumers. It maintains strong sales momentum in Brazil and has become an official reception vehicle for the Brazilian president and a key government procurement vehicle.With globally recognized quality and performance, the TIGGO 8 series has also won multiple awards, including South Africa's "2023 Motor Enthusiasts Choice" award, Mexico's "Top Midsize SUV" and the Philippines' "Best Midsize Crossover in 19th Annual C!" award.Global Sales: From 0 to 15 Million, Chery's Momentum AcceleratesOn December 18th, 1999, Chery's first vehicle rolled off the line. From 0 to 15 million, Chery has maintained its position as China's top passenger car exporter for 21 consecutive years, expanding its business to over 100 countries and regions. From January to September 2024, Chery Group sold 1,752,793 units, representing a 39.9% year-over-year increase, 93% of its total sales for 2023. Of this, exports reached 829,353 units, marking a 24.5% year-over-year increase, making Chery the only automotive company to achieve dual growth in domestic and overseas markets. As of now, Chery has amassed 15 million global users.Chery has adhered to a "dual-track" approach in both domestic and international markets, achieving dual growth, with exports accounting for nearly 50% of total sales, showcasing its competitiveness in the global arena. At the same time, Chery has demonstrated strong growth momentum in ICE and NEV. Fuel vehicle sales saw a year-on-year increase of 24.9%, Meanwhile, new energy models have surged with a staggering year-on-year growth rate of 186%.Global Products: Cars That Meet the Needs of World UsersWith its global presence, high-standard R&D, stringent quality control, and excellent product performance, Chery has become a truly global car manufacturer that meets the diverse needs of users worldwide. Chery has established eight major R&D centers and over 300+ laboratories globally, bringing together more than 25,000 top R&D experts to form a strong "scientific elite team" dedicated to solving the mobility needs of new-era users.From global product planning, design, and development to supply chain management, production, marketing, service, and quality system establishment, Chery adheres to a unified system and quality management standard, ensuring synchronized quality upgrades across global products. Through rigorous testing in extreme conditions worldwide, such as the steep slopes of South America in Brazil, the high humidity and heavy rain of Indonesia, the extreme heat of the Middle East, the autobahns of Germany, and China's vast geographic span, Chery vehicles have demonstrated their exceptional adaptability and reliability.The Chery TIGGO series has been a standout in global markets, with the TIGGO series being named the "2023 Global Sales Champion for Chinese Brand Fuel SUVs." Furthermore, the TIGGO 7 has held the title of the top export champion in the Chinese brand A-segment SUV category for three consecutive years. Many of Chery's celebrated models, tested by global standards, were showcased at the Global Innovation Day event, including the TIGGO 8 Rally champion car. Deepening International Cooperation,Co-create a New Future of High-Quality Global ExpansionWhile rapidly expanding in overseas markets, Chery is also building a high-quality, sustainable "going global" model. Adhering to the international development philosophy of "In somewhere, For somewhere," Chery collaborates openly with overseas partners to share achievements. With a commitment to being a top performer in global ESG construction and embracing the concept of being a good global corporate citizen, Chery has gained wider recognition and support in overseas markets. The 2024 Chery International User Summit exemplifies Chery's international influence. The launch of exciting events like Global Innovation Conference(CGIC), International User Summit, Ecology Exhibition and ESG Global Community allows guests worldwide to deeply appreciate Chery's outstanding achievements and firm determination in technology innovation, environmental construction, and public welfare. These events showcase Chery's latest technological achievements and cutting-edge ecological concepts and highlight its responsibility and leadership as a global corporate citizen.In the face of this magnificent milestone, Chery Group celebrates the rollout of its 15 millionth vehicle and embarks on a new chapter in its globalization development. Behind these impressive numbers lies the crystallization of Chery's 27 years of relentless effort and the testimony of trust and support from 15 million global users. Looking to the future, Chery will continue to deepen international cooperation and produce more global vehicles that meet users' needs worldwide.Company:Chery Automobile Co., Ltd.Contact Person: Chery AutomobileEmail: cherybrand@mychery.comWebsite:https://www.cheryinternational.com/Country: ChinaCity:AnHui06/11/2024 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
Nov 6, 2024

Chery Reaches 15 Millionth Vehicle Milestone: TIGGO 8 Proudly Rolls Off the Line at Brazil's Manufacturing Base

Recently, Chery Group reached a monumental moment in its journey. In four countries—Egypt, Brazil, Kazakhstan, and Malaysia—Chery vehicles rolled off production lines simultaneously. At the same time, a celebration was held at the Wuhu manufacturing base in China to commemorate the milestone of the 15 millionth vehicle. This series of remarkable achievements signifies Chery's leap across five continents and weaves together an extraordinary 15-million vehicle roll-off event that transcends borders. At the 15-million vehicle roll-off ceremony, Yin Tongyue, Chairman of Chery Group, remarked: "From 1 to 15 million, it is not just a growth in product quantity or a breakthrough in Chery's speed, but an unyielding innovation to turn the impossible into the possible and to turn the possible into even greater possibilities." Looking ahead to the next 15 million, Chery will focus on the user, build on technology, and take globalization as the direction, striving not only for sales growth but also for advancements in quality, structural optimization, and brand value, bringing global users more delightful, diverse, and differentiated brand options.TIGGO 8 Shines Globally, Adding Brilliance to the 15 Millionth Vehicle Milestone CelebrationDuring the global synchronized roll-off ceremony, the TIGGO 8 rolled off the production line at Chery's Brazil manufacturing base, becoming an integral part of the 15-million milestone achievement. In terms of sales, the TIGGO 8 series has achieved over 1 million global sales, gaining recognition from urban elites worldwide. Additionally, various models of the TIGGO 8 series continue to sell well and gain widespread trust in markets such as Brazil, South Africa, Saudi Arabia, and Ecuador. Since its debut in Brazil in 2020, the TIGGO 8 has received high praise, winning recognition from authoritative institutions and the favor of consumers. It maintains strong sales momentum in Brazil and has become an official reception vehicle for the Brazilian president and a key government procurement vehicle.With globally recognized quality and performance, the TIGGO 8 series has also won multiple awards, including South Africa's "2023 Motor Enthusiasts Choice" award, Mexico's "Top Midsize SUV" and the Philippines' "Best Midsize Crossover in 19th Annual C!" award.Global Sales: From 0 to 15 Million, Chery's Momentum AcceleratesOn December 18th, 1999, Chery's first vehicle rolled off the line. From 0 to 15 million, Chery has maintained its position as China's top passenger car exporter for 21 consecutive years, expanding its business to over 100 countries and regions. From January to September 2024, Chery Group sold 1,752,793 units, representing a 39.9% year-over-year increase, 93% of its total sales for 2023. Of this, exports reached 829,353 units, marking a 24.5% year-over-year increase, making Chery the only automotive company to achieve dual growth in domestic and overseas markets. As of now, Chery has amassed 15 million global users.Chery has adhered to a "dual-track" approach in both domestic and international markets, achieving dual growth, with exports accounting for nearly 50% of total sales, showcasing its competitiveness in the global arena. At the same time, Chery has demonstrated strong growth momentum in ICE and NEV. Fuel vehicle sales saw a year-on-year increase of 24.9%, Meanwhile, new energy models have surged with a staggering year-on-year growth rate of 186%.Global Products: Cars That Meet the Needs of World UsersWith its global presence, high-standard R&D, stringent quality control, and excellent product performance, Chery has become a truly global car manufacturer that meets the diverse needs of users worldwide. Chery has established eight major R&D centers and over 300+ laboratories globally, bringing together more than 25,000 top R&D experts to form a strong "scientific elite team" dedicated to solving the mobility needs of new-era users.From global product planning, design, and development to supply chain management, production, marketing, service, and quality system establishment, Chery adheres to a unified system and quality management standard, ensuring synchronized quality upgrades across global products. Through rigorous testing in extreme conditions worldwide, such as the steep slopes of South America in Brazil, the high humidity and heavy rain of Indonesia, the extreme heat of the Middle East, the autobahns of Germany, and China's vast geographic span, Chery vehicles have demonstrated their exceptional adaptability and reliability.The Chery TIGGO series has been a standout in global markets, with the TIGGO series being named the "2023 Global Sales Champion for Chinese Brand Fuel SUVs." Furthermore, the TIGGO 7 has held the title of the top export champion in the Chinese brand A-segment SUV category for three consecutive years. Many of Chery's celebrated models, tested by global standards, were showcased at the Global Innovation Day event, including the TIGGO 8 Rally champion car. Deepening International Cooperation,Co-create a New Future of High-Quality Global ExpansionWhile rapidly expanding in overseas markets, Chery is also building a high-quality, sustainable "going global" model. Adhering to the international development philosophy of "In somewhere, For somewhere," Chery collaborates openly with overseas partners to share achievements. With a commitment to being a top performer in global ESG construction and embracing the concept of being a good global corporate citizen, Chery has gained wider recognition and support in overseas markets. The 2024 Chery International User Summit exemplifies Chery's international influence. The launch of exciting events like Global Innovation Conference(CGIC), International User Summit, Ecology Exhibition and ESG Global Community allows guests worldwide to deeply appreciate Chery's outstanding achievements and firm determination in technology innovation, environmental construction, and public welfare. These events showcase Chery's latest technological achievements and cutting-edge ecological concepts and highlight its responsibility and leadership as a global corporate citizen.In the face of this magnificent milestone, Chery Group celebrates the rollout of its 15 millionth vehicle and embarks on a new chapter in its globalization development. Behind these impressive numbers lies the crystallization of Chery's 27 years of relentless effort and the testimony of trust and support from 15 million global users. Looking to the future, Chery will continue to deepen international cooperation and produce more global vehicles that meet users' needs worldwide.Company:Chery Automobile Co., Ltd.Contact Person: Chery AutomobileEmail: cherybrand@mychery.comWebsite:https://www.cheryinternational.com/Country: ChinaCity:AnHui06/11/2024 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
Nov 6, 2024

2024 EXEED Global User Summit Successfully Concludes, Driving Sustainable Development with Innovation

The 2024 EXEED Global User Summit was held from October 17 to October 21 in Wuhu, China, celebrating the high-end automotive brand EXEED’s commitment to user-centered values. Centered around the theme “For Us, For Future,” the event featured a series of interactive activities showcasing EXEED’s advanced technological achievements, user ecosystem, future strategies, and commitment to sustainability. EXEED Hosts User Experience Events with Global Guests to Showcase Quality and Strength At the 2024 EXEED Global User Summit, EXEED invited global users, leading distributors, and industry media to Wuhu to join and experience three signature activities: the “Super Guardian Experience Tour,” the “Ultra-long Endurance Challenge,” and the “Future Mobility Experience Day.” The EXEED RX PHEV, EXEED ELANTIX ES REEV, EXEED ELANTIX ET REEV, and ET BEV models designed for international markets successfully met rigorous tests in range, safety, and intelligence, demonstrating EXEED’s commitment to exceptional product performance.On October 18, EXEED’s parent company, Chery Group, hosted the Global Innovation Conference under the theme “Technology, Intelligent Drive into the Future.” Chery Group Chairman Yin Tongyue emphasized that innovation is the soul of Chery and a necessity for progress. Through continuous innovation in products and services, Chery elevates the brand, achieving its vision of high-quality, sustainable growth. As Chery's premium brand, EXEED also carries forward this innovative philosophy. Leveraging the group's over 20 years of deep expertise and keen insights into customer needs, EXEED actively incorporates user feedback, striving to create high-quality products that precisely align with market demands. During this summit, EXEED held a series of product experience and technology showcase events closely related to users, deepening their perception of the brand. These activities effectively highlighted EXEED’s outstanding quality and pioneering spirit, showcasing its vision and commitment as an industry leader. Through these efforts, EXEED is progressively shaping a global brand image centered on users and driven by innovation.EXEED Shapes a New Luxury Ecosystem, Enhancing Users' LifestylesAt the 2024 EXEED Global User Summit, discussions and showcases around the brand’s ecosystem emerged as a conference highlight, underscoring EXEED’s advanced understanding of luxury and future-forward approach to brand ecosystem development.On October 18, the EXEED Ecosystem Launch event gathered global user representatives, partners, industry leaders, and media to witness EXEED’s latest innovations in new energy, safety, and intelligent technology. During the event, EXEED honored seven participants of the “Ultra-long Endurance Challenge” as “Global Experience Ambassadors,” highlighting the importance of user feedback and users’ central role in brand growth.EXEED CEO Qin Chao noted, “In the past five years, EXEED has not only gained recognition in international markets but also won the trust of over 200,000 users worldwide. This achievement stems from our ongoing investment in our premium brand positioning and our deep attention to user feedback.” The company aims to create a “People + Vehicle + Life” luxury ecosystem, making EXEED part of a high-end lifestyle. Moving forward, EXEED will embrace new energy development, strive to lead the REEV segment, and deliver premium mobility solutions. The company will also deepen cooperation with global KOCs to explore sustainable luxury ecosystem values.EXEED Drives Green Tech and Builds a Sustainable Future with UsersAs Corporate Social Responsibility (CSR) and Environmental, Social, and Governance (ESG) factors gain increasing global attention, EXEED demonstrates its leadership and commitment as a premium automotive brand in these areas. EXEED’s ESG strategy not only underscores its dedication to sustainable development but also reflects its firm resolve to actively fulfill social responsibilities worldwide. Through practical initiatives and collaborative projects, EXEED is striving to lead in environmental protection, social contribution, and sound governance, working together with its global users to build a greener, smarter, and more sustainable future.On October 20,EXEED’s parent company, officially signed an agreement with the International Union for Conservation of Nature (IUCN). With an investment of $3.5 million, the “Cherish Nature” Chery X IUCN Global Cooperation Project was launched. Over 2,000 users, partners, and media representatives from 49 countries gathered in Wuhu to participate in a green public cycling event, showing their support for Chery's environmental initiatives. Chery Group Chairman Yin Tongyue emphasized during the event: “A true global enterprise goes beyond international trade and market expansion. It requires a globalized business philosophy, a sense of responsibility, and value contribution. Chery aims to establish itself as a ‘world-class green and intelligent mobility technology company.’”Ban Ki-moon expressed gratitude to Chery Group for its significant and ongoing contributions to public welfare in environmental protection, education, and more. Dame Jenny Shipley highly praised Chery Group for its commitment as a global corporate citizen. She called for more people to join hands with industry leaders like Chery, sharing in the joy of success and opening a new chapter of mutual benefit and win-win achievements.Zhang Shengshan, Deputy General Manager of Chery Automobile Co., Ltd. International, stated: “Chery’s ESG journey involves all our partners, customers, employees, and especially Chery users; we aim to shape the future together.” Zhang also announced Chery's third initiative—Chery Global ESG Community—following the Green Public Welfare Fund and Water Protection initiatives. This community reflects Chery’s commitment to building a better world with all stakeholders.With the successful conclusion of the 2024 EXEED Global User Summit, EXEED not only showcased its exceptional achievements in user experience, ecological innovation, and corporate responsibility but also strengthened its connection with users, reinforced the brand’s core values, and demonstrated its deep insights and firm commitment to the future of mobility ecosystems. EXEED's journey is far from over. Upholding its philosophy of "New Luxury, New Energy, New Ecosystem," EXEED will continue to partner with global users to explore and shape a sustainable future mobility ecosystem. Amid the wave of smart and new energy technologies, EXEED leads the industry forward with its spirit of innovation and user-centered values, bringing users a greener, smarter, and more luxurious travel experience.Company:Chery Automobile Co., Ltd.Contact Person:lixuetingEmail: lixueting@mychery.comWebsite:https://www.exeedinternational.com/Country:ChinaCity :Wuhu06/11/2024 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
Nov 6, 2024

2024 EXEED Global User Summit Successfully Concludes, Driving Sustainable Development with Innovation

The 2024 EXEED Global User Summit was held from October 17 to October 21 in Wuhu, China, celebrating the high-end automotive brand EXEED’s commitment to user-centered values. Centered around the theme “For Us, For Future,” the event featured a series of interactive activities showcasing EXEED’s advanced technological achievements, user ecosystem, future strategies, and commitment to sustainability. EXEED Hosts User Experience Events with Global Guests to Showcase Quality and Strength At the 2024 EXEED Global User Summit, EXEED invited global users, leading distributors, and industry media to Wuhu to join and experience three signature activities: the “Super Guardian Experience Tour,” the “Ultra-long Endurance Challenge,” and the “Future Mobility Experience Day.” The EXEED RX PHEV, EXEED ELANTIX ES REEV, EXEED ELANTIX ET REEV, and ET BEV models designed for international markets successfully met rigorous tests in range, safety, and intelligence, demonstrating EXEED’s commitment to exceptional product performance.On October 18, EXEED’s parent company, Chery Group, hosted the Global Innovation Conference under the theme “Technology, Intelligent Drive into the Future.” Chery Group Chairman Yin Tongyue emphasized that innovation is the soul of Chery and a necessity for progress. Through continuous innovation in products and services, Chery elevates the brand, achieving its vision of high-quality, sustainable growth. As Chery's premium brand, EXEED also carries forward this innovative philosophy. Leveraging the group's over 20 years of deep expertise and keen insights into customer needs, EXEED actively incorporates user feedback, striving to create high-quality products that precisely align with market demands. During this summit, EXEED held a series of product experience and technology showcase events closely related to users, deepening their perception of the brand. These activities effectively highlighted EXEED’s outstanding quality and pioneering spirit, showcasing its vision and commitment as an industry leader. Through these efforts, EXEED is progressively shaping a global brand image centered on users and driven by innovation.EXEED Shapes a New Luxury Ecosystem, Enhancing Users' LifestylesAt the 2024 EXEED Global User Summit, discussions and showcases around the brand’s ecosystem emerged as a conference highlight, underscoring EXEED’s advanced understanding of luxury and future-forward approach to brand ecosystem development.On October 18, the EXEED Ecosystem Launch event gathered global user representatives, partners, industry leaders, and media to witness EXEED’s latest innovations in new energy, safety, and intelligent technology. During the event, EXEED honored seven participants of the “Ultra-long Endurance Challenge” as “Global Experience Ambassadors,” highlighting the importance of user feedback and users’ central role in brand growth.EXEED CEO Qin Chao noted, “In the past five years, EXEED has not only gained recognition in international markets but also won the trust of over 200,000 users worldwide. This achievement stems from our ongoing investment in our premium brand positioning and our deep attention to user feedback.” The company aims to create a “People + Vehicle + Life” luxury ecosystem, making EXEED part of a high-end lifestyle. Moving forward, EXEED will embrace new energy development, strive to lead the REEV segment, and deliver premium mobility solutions. The company will also deepen cooperation with global KOCs to explore sustainable luxury ecosystem values.EXEED Drives Green Tech and Builds a Sustainable Future with UsersAs Corporate Social Responsibility (CSR) and Environmental, Social, and Governance (ESG) factors gain increasing global attention, EXEED demonstrates its leadership and commitment as a premium automotive brand in these areas. EXEED’s ESG strategy not only underscores its dedication to sustainable development but also reflects its firm resolve to actively fulfill social responsibilities worldwide. Through practical initiatives and collaborative projects, EXEED is striving to lead in environmental protection, social contribution, and sound governance, working together with its global users to build a greener, smarter, and more sustainable future.On October 20,EXEED’s parent company, officially signed an agreement with the International Union for Conservation of Nature (IUCN). With an investment of $3.5 million, the “Cherish Nature” Chery X IUCN Global Cooperation Project was launched. Over 2,000 users, partners, and media representatives from 49 countries gathered in Wuhu to participate in a green public cycling event, showing their support for Chery's environmental initiatives. Chery Group Chairman Yin Tongyue emphasized during the event: “A true global enterprise goes beyond international trade and market expansion. It requires a globalized business philosophy, a sense of responsibility, and value contribution. Chery aims to establish itself as a ‘world-class green and intelligent mobility technology company.’”Ban Ki-moon expressed gratitude to Chery Group for its significant and ongoing contributions to public welfare in environmental protection, education, and more. Dame Jenny Shipley highly praised Chery Group for its commitment as a global corporate citizen. She called for more people to join hands with industry leaders like Chery, sharing in the joy of success and opening a new chapter of mutual benefit and win-win achievements.Zhang Shengshan, Deputy General Manager of Chery Automobile Co., Ltd. International, stated: “Chery’s ESG journey involves all our partners, customers, employees, and especially Chery users; we aim to shape the future together.” Zhang also announced Chery's third initiative—Chery Global ESG Community—following the Green Public Welfare Fund and Water Protection initiatives. This community reflects Chery’s commitment to building a better world with all stakeholders.With the successful conclusion of the 2024 EXEED Global User Summit, EXEED not only showcased its exceptional achievements in user experience, ecological innovation, and corporate responsibility but also strengthened its connection with users, reinforced the brand’s core values, and demonstrated its deep insights and firm commitment to the future of mobility ecosystems. EXEED's journey is far from over. Upholding its philosophy of "New Luxury, New Energy, New Ecosystem," EXEED will continue to partner with global users to explore and shape a sustainable future mobility ecosystem. Amid the wave of smart and new energy technologies, EXEED leads the industry forward with its spirit of innovation and user-centered values, bringing users a greener, smarter, and more luxurious travel experience.Company:Chery Automobile Co., Ltd.Contact Person:lixuetingEmail: lixueting@mychery.comWebsite:https://www.exeedinternational.com/Country:ChinaCity :Wuhu06/11/2024 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
Nov 6, 2024

HIKMICRO Advances Thermal Imaging with New 1280 Technology

Hangzhou, China - November 04, 2024 - (SeaPRwire) - HIKMICRO announced its new 1280x1024 thermal imaging technology through two key products: the STELLAR 3.0 SX60L thermal scope and HABROK Pro HX60L(N) binocular. The timing aligns perfectly with the growing demand from hunters and wildlife managers for more precise ethical hunting and conservation tools.The STELLAR 3.0 SX60L showcases exceptional performance in challenging conditions, particularly during dawn and dusk. The scope's 60mm F1.0 lens, paired with the new 1280x1024 thermal detector, identifies heat signatures up to two miles away—roughly 24 football fields. What truly distinguishes this scope is its clarity in critical moments when traditional optics fail.With thermal sensitivity capable of detecting temperature differences of less than 18mK, hunters can clearly distinguish between wildlife even in complete darkness, through fog, or in heavy brush. This technology surpasses traditional night vision by penetrating environmental obstacles that typically impair other optical devices.Conservation officers and professional hunters can use these thermal imaging capabilities beyond basic target identification. The technology enables wildlife surveys and habitat management by detecting heat signatures through dense foliage and darkness, allowing for accurate population counts and behavior studies without disturbing natural patterns.HIKMICRO has integrated a laser rangefinder capable of measuring distances up to 1000 meters, adding crucial precision to long-range hunting. Combined with an optimized ballistic calculator, this feature ensures more ethical shots by providing hunters with precise distance and trajectory information, reducing the risk of wounding animals."This technology represents a significant advancement in how we approach both hunting and wildlife management," says Stefan Li, CEO of HIKMICRO. "We're providing tools that enhance both hunting efficiency and conservation efforts while promoting ethical practices in the field."HIKMICRO's manufacturing capability of 1.7 million pieces annually in its 12,000-square-foot facility demonstrates its commitment to making this advanced technology widely accessible, particularly beneficial for regions dealing with wildlife overpopulation or invasive species management.For more information about HIKMICRO's new thermal imaging products, visit https://www.hikmicrotech.com/en/.About HIKMICROHIKMICRO is a global leader in thermal imaging technology, dedicated to providing innovative solutions for outdoor enthusiasts, law enforcement, and industrial applications. Focusing on advanced research and development, HIKMICRO continues to set new standards in the thermal imaging industry.Contact InformationBrand: HIKMICROContact: Lina WangEmail: wanglina21@hikmicrotech.comWebsite: https://www.hikmicrotech.com/en/04/11/2024 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
Nov 4, 2024

HIKMICRO Advances Thermal Imaging with New 1280 Technology

Hangzhou, China - November 04, 2024 - (SeaPRwire) - HIKMICRO announced its new 1280x1024 thermal imaging technology through two key products: the STELLAR 3.0 SX60L thermal scope and HABROK Pro HX60L(N) binocular. The timing aligns perfectly with the growing demand from hunters and wildlife managers for more precise ethical hunting and conservation tools.The STELLAR 3.0 SX60L showcases exceptional performance in challenging conditions, particularly during dawn and dusk. The scope's 60mm F1.0 lens, paired with the new 1280x1024 thermal detector, identifies heat signatures up to two miles away—roughly 24 football fields. What truly distinguishes this scope is its clarity in critical moments when traditional optics fail.With thermal sensitivity capable of detecting temperature differences of less than 18mK, hunters can clearly distinguish between wildlife even in complete darkness, through fog, or in heavy brush. This technology surpasses traditional night vision by penetrating environmental obstacles that typically impair other optical devices.Conservation officers and professional hunters can use these thermal imaging capabilities beyond basic target identification. The technology enables wildlife surveys and habitat management by detecting heat signatures through dense foliage and darkness, allowing for accurate population counts and behavior studies without disturbing natural patterns.HIKMICRO has integrated a laser rangefinder capable of measuring distances up to 1000 meters, adding crucial precision to long-range hunting. Combined with an optimized ballistic calculator, this feature ensures more ethical shots by providing hunters with precise distance and trajectory information, reducing the risk of wounding animals."This technology represents a significant advancement in how we approach both hunting and wildlife management," says Stefan Li, CEO of HIKMICRO. "We're providing tools that enhance both hunting efficiency and conservation efforts while promoting ethical practices in the field."HIKMICRO's manufacturing capability of 1.7 million pieces annually in its 12,000-square-foot facility demonstrates its commitment to making this advanced technology widely accessible, particularly beneficial for regions dealing with wildlife overpopulation or invasive species management.For more information about HIKMICRO's new thermal imaging products, visit https://www.hikmicrotech.com/en/.About HIKMICROHIKMICRO is a global leader in thermal imaging technology, dedicated to providing innovative solutions for outdoor enthusiasts, law enforcement, and industrial applications. Focusing on advanced research and development, HIKMICRO continues to set new standards in the thermal imaging industry.Contact InformationBrand: HIKMICROContact: Lina WangEmail: wanglina21@hikmicrotech.comWebsite: https://www.hikmicrotech.com/en/04/11/2024 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
Nov 4, 2024

Sun Hung Kai & Co. Commits Capital to the Japan Alpha Fund Newly Launched by ActusRayPartners

Sun Hung Kai & Co. Limited (SEHK: 86) (“SHK & Co.”) and its licensed funds management arm, Sun Hung Kai Capital Partners Limited (“SHK Capital Partners”), are pleased to announce their commitment to the ActusRayPartners Japan Alpha Fund, which went live on 26 September 2024. This is in addition to SHK & Co.’s ongoing investments in ActusRayPartners’ Asian and European strategies. Other existing clients of ActusRayPartners have also expressed early interest in the Japan strategy.The equity long/short near market-neutral strategy seeks to generate alpha by identifying and capturing inefficiencies in the Japan equity market. ActusRayPartners employs its Discretionary Probabilistic Investing process, which combines a quantitative base with discretionary adjustments to address quantitative deficiencies.This marks the third alpha strategy launched by ActusRayPartners, following the successful European strategy initiated in 2020 and Asian strategy launched in 2022. The European strategy received the HFM European Performance Award in 2023 and 2024 respectively, and the Asian strategy received the HFM APAC Performance Award in 2024. ActusRayPartners is a Hong Kong-headquartered asset management company equally co-founded by Andrew Alexander, Raymond Chan, and Patrick Cheung in 2019. Several members of the team previously worked together in the Quantitative Hedge Funds division of Macquarie Group. As of today, ActusRayPartners comprises of 27 colleagues based in Hong Kong and Sydney, managing over US$700 million across Asia, Europe, and Japan.Tony Edwards, Deputy CEO of SHK & Co., stated, "Congratulations to ActusRayPartners on the launch of their new fund. Since 2020, SHK & Co. has seeded and supported ActusRayPartners, and this further commitment reinforces our confidence in their capabilities and aligns with our investment objectives."“The launch of the Japan Alpha strategy represents an exciting milestone for us. We would like to express our gratitude to SHK & Co. for their continued support over the years,” said the co-founders of ActusRayPartners. “We are eager to employ our proprietary Discretionary Probabilistic Investing process in the pursuit of alpha for our investors in the Japan equity market.”Goldman Sachs and Morgan Stanley are the prime brokers for the ActusRayPartners Japan Alpha Fund. Morgan Stanley Fund Services and PricewaterhouseCoopers Cayman Islands are the administrator and auditor respectively. Clifford Chance and Walkers are the international and Cayman counsel respectively.– End –About ActusRayPartnersActusRayPartners is a Hong Kong-headquartered asset management company equally co-founded by Andrew Alexander, Raymond Chan, and Patrick Cheung in 2019. Several members of the team previously worked together in the Quantitative Hedge Funds division of Macquarie Group. As of today, ActusRayPartners comprises of 27 colleagues based in Hong Kong and Sydney, managing over US$700 million across Asia, Europe, and Japan.ActusRayPartners employs a Discretionary Probabilistic Investing process which is a synthesis of: (1) a quantitative base, and (2) discretionary adjustments to address quantitative deficiencies. The quantitative base uses fundamental, sentiment, technical and alternative data, and employs advanced statistics, natural language processing and artificial intelligence techniques. The discretionary work focuses on addressing challenges with purely systematic processes and is not fundamental, macro or flow driven.About Sun Hung Kai & Co and Sun Hung Kai Capital PartnersSun Hung Kai & Co. Limited (SEHK: 86) (“SHK & Co” / the “Company”, together with its subsidiaries, the “Group”) is a leading Hong Kong-based financial institution recognised for its expertise in alternative investments and wealth management. Since 1969, the Company has built a diversified investment portfolio across public markets, credit and alternatives strategies including real estate and private equity, delivering long-term risk-adjusted returns. Leveraging on its deep-rooted Asian heritage, SHK & Co supports and nurtures specialist emerging asset managers in the region, empowering them to excel. SHK & Co also utilises its long-standing investment expertise and resources in providing tailored investment solutions to like-minded partners and ultra-high-net-worth investors through its Family Office Solutions. As at 30 June 2024, the Group held about HK$39.5 billion in total assets. For more information about SHK & Co, please visit www.shkco.com / follow the Company on LinkedIn.Founded in 2020, Sun Hung Kai Capital Partners (“SHKCP”) is the Hong Kong SFC regulated subsidiary of SHK & Co, with Type 1, 4 and 9 licenses. For more information, please visit: www.shkcapital.com / follow SHKCP on LinkedIn. For media enquiries, please contact:Hill and KnowltonJoanne Lam +852 9839 6552Lynn Zhang+852 9794 5751Email: SHKCo@hkstrategies.com01/11/2024 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
Nov 1, 2024

Solidcore Resources plc: Strategic partnership with Lancaster Group to develop Syrymbet polymetallic property in Kazakhstan

EQS Newswire / 01/11/2024 / 05:14 MSKSolidcore Resources plc (“Solidcore” or the “Company”) is pleased to announce that it has entered into an agreement with Berkut Mining LLP (“Partner”), a subsidiary of Lancaster Group (multidisciplinary holding company), to acquire 55% interest in Syrymbet, an undeveloped polymetallic deposit located in North-Kazakhstan region.“Syrymbet is a polymetallic deposit with tin as a major component, which perfectly fits our strategy of enhancing and diversifying Solidcore’s exposure to the green transition. Management believes the project will benefit from the Company’s execution expertise and successful track record in out-of-the box processing strategies”, said Vitaly Nesis, Group CEO of Solidcore Resources plc. “Together with the Partner, we are committed to driving the project forward while ensuring sustainable practices. We are aiming for Board approval for construction in 2025”. HIGHLIGHTSThe Syrymbet licence covers the area of over 10 km2 and is located in the Ayirtau district of the North-Kazakhstan region. Under the agreement, Solidcore will acquire a 55% interest in а private company“Tin One Holding” which indirectly holds the subsoil licence for Syrymbet, for the total cash consideration of US$ 82.5 million. The transaction will be financed from the Company’s existing cash resources and is expected to complete in Q4 2024, subject to obtaining of the required regulatory approvals. In 2024, Solidcore completed 3 km of drilling, aimed at validating historical exploration results and conducting metallurgical studies. The deposit is suitable for open-pit mining. Solidcore will refine the existing approach to processing to accelerate path to production, optimise capital expenditures and reduce environmental footprint of the project. The partnership with Lancaster Group is a strategic alignment that allows to apply joint extensive experience to develop such a technologically complex polymetallic deposit as Syrymbet. Solidcore will be working closely with the Partner to accelerate project development, aiming to secure Board approval for construction in 2025. The project will bring about social investments in the region and create a significant number of permanent jobs with a focus on the local workforce.STRATEGIC RATIONALESyrymbet fits well with Solidcore’s strategy in the following ways:Large asset with good exploration upside; Metal portfolio diversification with green transition exposure; Potential for fast development approach based on open-pit mining and conventional processing;Balanced risk-sharing ownership structure, providing Solidcore with the Partner’s valuable expertise and support, while allowing the Company to retain operational control over the project.ABOUT THE PROPERTYThe Syrymbet licence area covers 10.15 km2 and is located in the Ayirtau district of the North-Kazakhstan region. The property is located 280 km from the regional centre, Petropavl (population of approx. 220,000), and 80 km from Kokshetau (population of approx. 180,000), an administrative centre of Aqmola Region. Currently, the property is accessible by unpaved roads and via the Ugolki railway station with loading facility under construction (30 km away). Full-scale operations will have access to a 220 kW power station located 27 km away. Syrymbet was discovered in 1985, with further exploration activities and assessment works conducted between 1986 and 2012. A Mineral Resource estimate in accordance with the JORC Code (2012) was completed in 2015, followed by a pre-feasibility study in 2016. An updated Mineral Resource estimate was issued in 2018 as a part of the Definitive Feasibility Study. Technological studies and metallurgy design were continued between 2018 and 2020. A JORC-compliant Mineral Resource estimate comprised 492.4 Kt of tin at a grade of 0.40% and 91.4 Kt of copper at a grade of 0.07% (5.9 Moz of GE[1]).The deposit is a complex rare-earth-polymetallic deposit (Sn, W, Cu, CaF2) occurring within favorable lithological and structural settings. Four mineralisation zones within Syrymbet ore field are comprised of oxide and sulphide ore. ABOUT TINTin (periodic table symbol Sn) is a silvery-white, malleable metal with a slight blue hue. Although scarce, with only 0.001% found in the earth’s crust, tin is not considered rare. It is primarily found in cassiterite ores, often alongside base and rare earth metals. Tin’s unique properties and recyclability position it as a crucial material in production: the key applications include electronics, where it is essential for soldering, as well as in alloys, tin plating, and emerging technologies such as lithium-ion batteries for electric vehicles and photovoltaic cells for solar panels. 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.[1] Gold equivalent Mineral Resources are estimated based on the Sn, Cu, Au spot prices as at 30.10.2024.01/11/2024 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
Nov 1, 2024

Solidcore Resources plc: Strategic partnership with Lancaster Group to develop Syrymbet polymetallic property in Kazakhstan

EQS Newswire / 01/11/2024 / 05:14 MSKSolidcore Resources plc (“Solidcore” or the “Company”) is pleased to announce that it has entered into an agreement with Berkut Mining LLP (“Partner”), a subsidiary of Lancaster Group (multidisciplinary holding company), to acquire 55% interest in Syrymbet, an undeveloped polymetallic deposit located in North-Kazakhstan region.“Syrymbet is a polymetallic deposit with tin as a major component, which perfectly fits our strategy of enhancing and diversifying Solidcore’s exposure to the green transition. Management believes the project will benefit from the Company’s execution expertise and successful track record in out-of-the box processing strategies”, said Vitaly Nesis, Group CEO of Solidcore Resources plc. “Together with the Partner, we are committed to driving the project forward while ensuring sustainable practices. We are aiming for Board approval for construction in 2025”. HIGHLIGHTSThe Syrymbet licence covers the area of over 10 km2 and is located in the Ayirtau district of the North-Kazakhstan region. Under the agreement, Solidcore will acquire a 55% interest in а private company“Tin One Holding” which indirectly holds the subsoil licence for Syrymbet, for the total cash consideration of US$ 82.5 million. The transaction will be financed from the Company’s existing cash resources and is expected to complete in Q4 2024, subject to obtaining of the required regulatory approvals. In 2024, Solidcore completed 3 km of drilling, aimed at validating historical exploration results and conducting metallurgical studies. The deposit is suitable for open-pit mining. Solidcore will refine the existing approach to processing to accelerate path to production, optimise capital expenditures and reduce environmental footprint of the project. The partnership with Lancaster Group is a strategic alignment that allows to apply joint extensive experience to develop such a technologically complex polymetallic deposit as Syrymbet. Solidcore will be working closely with the Partner to accelerate project development, aiming to secure Board approval for construction in 2025. The project will bring about social investments in the region and create a significant number of permanent jobs with a focus on the local workforce.STRATEGIC RATIONALESyrymbet fits well with Solidcore’s strategy in the following ways:Large asset with good exploration upside; Metal portfolio diversification with green transition exposure; Potential for fast development approach based on open-pit mining and conventional processing;Balanced risk-sharing ownership structure, providing Solidcore with the Partner’s valuable expertise and support, while allowing the Company to retain operational control over the project.ABOUT THE PROPERTYThe Syrymbet licence area covers 10.15 km2 and is located in the Ayirtau district of the North-Kazakhstan region. The property is located 280 km from the regional centre, Petropavl (population of approx. 220,000), and 80 km from Kokshetau (population of approx. 180,000), an administrative centre of Aqmola Region. Currently, the property is accessible by unpaved roads and via the Ugolki railway station with loading facility under construction (30 km away). Full-scale operations will have access to a 220 kW power station located 27 km away. Syrymbet was discovered in 1985, with further exploration activities and assessment works conducted between 1986 and 2012. A Mineral Resource estimate in accordance with the JORC Code (2012) was completed in 2015, followed by a pre-feasibility study in 2016. An updated Mineral Resource estimate was issued in 2018 as a part of the Definitive Feasibility Study. Technological studies and metallurgy design were continued between 2018 and 2020. A JORC-compliant Mineral Resource estimate comprised 492.4 Kt of tin at a grade of 0.40% and 91.4 Kt of copper at a grade of 0.07% (5.9 Moz of GE[1]).The deposit is a complex rare-earth-polymetallic deposit (Sn, W, Cu, CaF2) occurring within favorable lithological and structural settings. Four mineralisation zones within Syrymbet ore field are comprised of oxide and sulphide ore. ABOUT TINTin (periodic table symbol Sn) is a silvery-white, malleable metal with a slight blue hue. Although scarce, with only 0.001% found in the earth’s crust, tin is not considered rare. It is primarily found in cassiterite ores, often alongside base and rare earth metals. Tin’s unique properties and recyclability position it as a crucial material in production: the key applications include electronics, where it is essential for soldering, as well as in alloys, tin plating, and emerging technologies such as lithium-ion batteries for electric vehicles and photovoltaic cells for solar panels. 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.[1] Gold equivalent Mineral Resources are estimated based on the Sn, Cu, Au spot prices as at 30.10.2024.01/11/2024 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
Nov 1, 2024

Deltrix, a Subsidiary of Trio Group, Builds an In-depth Strategic Partnership with Haylion Technologies to Jointly Expand the New Energy Market

Deltrix, a Subsidiary of Trio Group, Builds an In-depth Strategic Partnership with Haylion Technologies to Jointly Expand the New Energy Market[Hong Kong – 31 October 2024] EV Charger Solution Brand Deltrix by Trio Industrial Electronics Group Limited (“Trio Group”, Stock code: 1710.HK) announces Deltrix Limited, a subsidiary of Trio Group, and Haylion Technologies officially signed a strategic cooperation agreement at Trio's manufacturing headquarter which was located in Nansha, Canton. This collaboration draws widespread attention in the new energy sector and is deemed as a significant strategic milestone within the industry.According to the cooperation agreement, both parties will collaborate in the development of PEDF super charging stations and integrated solutions in fields including new energy, new energy vehicle products, and innovative applications. The partnership aims to jointly promote the development of global new energy industrial businesses and conduct comprehensive cooperation in markets including but not limited to Mainland, Hong Kong, Central Asia, Singapore, Indonesia, Malaysia, and Middle East. The two parties will primarily concentrate on the R&D, promotion and application of PEDF super charging station products and integrated solutions. At the initial phase of the collaboration, key projects cover sectors including the construction and operation of PEDF charging stations in Central Asia, the construction and operation of electric taxi charging stations in Hong Kong, and the construction of domestic photovoltaic storage charging demonstration projects. In terms of cooperation models, both parties will allocate and invest corresponding resources and capabilities according to the specific requirements of various projects, which helps to jointly create dual-brand projects with market influence.In terms of technological R&D, both parties have displayed firm determination to the exploration of cutting-edge technologies. Deltrix has been committed to the investment and innovation in new energy technological R&D. Its R&D team has achieved a series of results in technologies including energy storage and intelligent charging. Haylion Technologies has conducted in-depth research in PEDF technology and the energy storage new materials which are developed by Haylion might further enhance the performance of energy storage systems. Through technological collaboration of both parties, a series of highly competitive PEDF super charging station products and integrated solutions is expected to be launched in the near future and they might meet the market's continuous upgrading demands for new energy infrastructure.Regarding the market expansion, both parties have created detailed market expansion plans which are based on their market advantages in different regions or countries as well as the strong support of the Belt and Road Initiative. Deltrix has established an extensive business network across many regions globally, which will provide strong support for the market expansion of the cooperation projects. It is expected that within the next 3 years, the PEDF super charging station products and integrated solutions, which are developed under this collaboration, will achieve large-scale application and promotion in Greater Asian market. Specifically, Hong Kong, where the collaboration kicks off, plays a significant role in market growth at the beginning of this cooperation. Additionally, Central Asia, where Deltrix has achieved considerable market expansion results, is also a main battlefield for future cooperation. Both parties will initially create demonstration projects in Central Asian market and then gradually duplicate to other regions across the world. This cooperation will not only bring considerable economic benefits to both parties but also significantly enhance their brand visibility and international influence.With respect to industrial collaboration, the cooperation between the two parties will have a profound influence on the new energy industrial chain. Deltrix, which has scale advantage in the production of charging piles, owns abundant resources and integration capabilities in the whole industrial chain. Haylion Technologies has a technological advantage in PEDF system integration. The strategic cooperation between the two parties helps to achieve optimal allocation of resources, reduce production costs, improve production efficiency, achieve synergy in component procurement, reduce intermediate links, and improve supply chain efficiency. At the meanwhile, it will also help to promote the unification and standardization of new energy industry technical norms. This cooperation pushes the entire new energy industry towards a more orderly and efficient direction and contributes significantly to the upgrade and development of the global new energy industry.The collaboration between Deltrix and Haylion Technologies is a significant strategic layout in the new energy sector. The two parties will work together in order to catch the historical opportunities for the development of new energy industry. Furthermore, it is going to inject new vitality into the development of the global new energy industry and jointly create a greener and more sustainable future.Mr. Cecil Wong, Chairman of Trio Group, said, "On the occasion of signing ceremony between Trio and Haylion, I am fully confident of the collaboration between the two parties. This cooperation could be deemed as an alliance between giants, which helps to achieve mutual benefits through new energy business. Trio owns abundant resources and strong capabilities in production as well as factory technology. Furthermore, it has various resources and marketing capabilities in oversea markets. Haylion Technologies has performed excellently in technological R&D field as well as system design field and it is uniquely specialized in photovoltaic and energy storage sectors. The corporate culture of both parties is close and similar, which turns us into ideal and excellent business partners. In terms of new energy and EMS business, I am confirmed that there would be enormous cooperation potentials between both parties. We would stick together so as to further promote the business level of both parties, creating a win-win situation jointly and injecting new viability into industrial development."Dr. Jianping Hu, Chairman of Haylion Technologies, said, "At this exciting moment when Haylion Technologies signs agreement with Trio, I am deeply delighted. Trio, which is listed on HKEX, has accumulated experience in industrial manufacture sector for more than 40 years and it is admirable for its profound foundation. It is one of the leading enterprises in new energy manufacture industry, which provides solid foundation for our cooperation. Haylion Technologies, which has unique advantages in application scenarios, has more than 30 years of experience in transportation, mobility and urban electrification solutions. Trio and Haylion Technologies are highly complementary in business. Trio primarily provides manufacture, products and solutions, while we focus mainly on application scenario. We extremely value the capability and platform of Trio. Both parties join forces to explore oversea market, with the help of Trio’s platform as well as the resource advantage of Germany Volkswagen Group, one of the shareholders of Haylion Technologies. We are going to integrate industrial chain and superior software or hardware resource, including photovoltaic, energy storage, charging, and intelligent micro-grid. In this manner, we are going to truly introduce Chinese new energy experience to overseas market and contribute to the development of global new energy industry."About Trio GroupTrio Industrial Electronics Group Limited is a manufacturer and distributor of advanced industrial electronic components and products in Hong Kong with 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 charger, electro-mechanical product and switch-mode power supplies, which are widely used in smart city system, medical and healthcare sector, as well as renewable energy field. The Group has built up good reputation and become a trusted supplier to various international well-known brands. Majority of its clients comes from Europe and US while some from Southeast Asia and PRC. In addition, the Group and its partner has developed its 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.For more details, please contact:Skye ShumInvestor Relations Manager PR media:DLK Advisorypr@dlkadvisory.comFile: Deltrix, a Subsidiary of Trio Group, Builds an In-depth Strategic Partnership with Haylion Technologies to Jointly Expand the New Energy Market31/10/2024 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
Oct 31, 2024

Deltrix, a Subsidiary of Trio Group, Builds an In-depth Strategic Partnership with Haylion Technologies to Jointly Expand the New Energy Market

Deltrix, a Subsidiary of Trio Group, Builds an In-depth Strategic Partnership with Haylion Technologies to Jointly Expand the New Energy Market[Hong Kong – 31 October 2024] EV Charger Solution Brand Deltrix by Trio Industrial Electronics Group Limited (“Trio Group”, Stock code: 1710.HK) announces Deltrix Limited, a subsidiary of Trio Group, and Haylion Technologies officially signed a strategic cooperation agreement at Trio's manufacturing headquarter which was located in Nansha, Canton. This collaboration draws widespread attention in the new energy sector and is deemed as a significant strategic milestone within the industry.According to the cooperation agreement, both parties will collaborate in the development of PEDF super charging stations and integrated solutions in fields including new energy, new energy vehicle products, and innovative applications. The partnership aims to jointly promote the development of global new energy industrial businesses and conduct comprehensive cooperation in markets including but not limited to Mainland, Hong Kong, Central Asia, Singapore, Indonesia, Malaysia, and Middle East. The two parties will primarily concentrate on the R&D, promotion and application of PEDF super charging station products and integrated solutions. At the initial phase of the collaboration, key projects cover sectors including the construction and operation of PEDF charging stations in Central Asia, the construction and operation of electric taxi charging stations in Hong Kong, and the construction of domestic photovoltaic storage charging demonstration projects. In terms of cooperation models, both parties will allocate and invest corresponding resources and capabilities according to the specific requirements of various projects, which helps to jointly create dual-brand projects with market influence.In terms of technological R&D, both parties have displayed firm determination to the exploration of cutting-edge technologies. Deltrix has been committed to the investment and innovation in new energy technological R&D. Its R&D team has achieved a series of results in technologies including energy storage and intelligent charging. Haylion Technologies has conducted in-depth research in PEDF technology and the energy storage new materials which are developed by Haylion might further enhance the performance of energy storage systems. Through technological collaboration of both parties, a series of highly competitive PEDF super charging station products and integrated solutions is expected to be launched in the near future and they might meet the market's continuous upgrading demands for new energy infrastructure.Regarding the market expansion, both parties have created detailed market expansion plans which are based on their market advantages in different regions or countries as well as the strong support of the Belt and Road Initiative. Deltrix has established an extensive business network across many regions globally, which will provide strong support for the market expansion of the cooperation projects. It is expected that within the next 3 years, the PEDF super charging station products and integrated solutions, which are developed under this collaboration, will achieve large-scale application and promotion in Greater Asian market. Specifically, Hong Kong, where the collaboration kicks off, plays a significant role in market growth at the beginning of this cooperation. Additionally, Central Asia, where Deltrix has achieved considerable market expansion results, is also a main battlefield for future cooperation. Both parties will initially create demonstration projects in Central Asian market and then gradually duplicate to other regions across the world. This cooperation will not only bring considerable economic benefits to both parties but also significantly enhance their brand visibility and international influence.With respect to industrial collaboration, the cooperation between the two parties will have a profound influence on the new energy industrial chain. Deltrix, which has scale advantage in the production of charging piles, owns abundant resources and integration capabilities in the whole industrial chain. Haylion Technologies has a technological advantage in PEDF system integration. The strategic cooperation between the two parties helps to achieve optimal allocation of resources, reduce production costs, improve production efficiency, achieve synergy in component procurement, reduce intermediate links, and improve supply chain efficiency. At the meanwhile, it will also help to promote the unification and standardization of new energy industry technical norms. This cooperation pushes the entire new energy industry towards a more orderly and efficient direction and contributes significantly to the upgrade and development of the global new energy industry.The collaboration between Deltrix and Haylion Technologies is a significant strategic layout in the new energy sector. The two parties will work together in order to catch the historical opportunities for the development of new energy industry. Furthermore, it is going to inject new vitality into the development of the global new energy industry and jointly create a greener and more sustainable future.Mr. Cecil Wong, Chairman of Trio Group, said, "On the occasion of signing ceremony between Trio and Haylion, I am fully confident of the collaboration between the two parties. This cooperation could be deemed as an alliance between giants, which helps to achieve mutual benefits through new energy business. Trio owns abundant resources and strong capabilities in production as well as factory technology. Furthermore, it has various resources and marketing capabilities in oversea markets. Haylion Technologies has performed excellently in technological R&D field as well as system design field and it is uniquely specialized in photovoltaic and energy storage sectors. The corporate culture of both parties is close and similar, which turns us into ideal and excellent business partners. In terms of new energy and EMS business, I am confirmed that there would be enormous cooperation potentials between both parties. We would stick together so as to further promote the business level of both parties, creating a win-win situation jointly and injecting new viability into industrial development."Dr. Jianping Hu, Chairman of Haylion Technologies, said, "At this exciting moment when Haylion Technologies signs agreement with Trio, I am deeply delighted. Trio, which is listed on HKEX, has accumulated experience in industrial manufacture sector for more than 40 years and it is admirable for its profound foundation. It is one of the leading enterprises in new energy manufacture industry, which provides solid foundation for our cooperation. Haylion Technologies, which has unique advantages in application scenarios, has more than 30 years of experience in transportation, mobility and urban electrification solutions. Trio and Haylion Technologies are highly complementary in business. Trio primarily provides manufacture, products and solutions, while we focus mainly on application scenario. We extremely value the capability and platform of Trio. Both parties join forces to explore oversea market, with the help of Trio’s platform as well as the resource advantage of Germany Volkswagen Group, one of the shareholders of Haylion Technologies. We are going to integrate industrial chain and superior software or hardware resource, including photovoltaic, energy storage, charging, and intelligent micro-grid. In this manner, we are going to truly introduce Chinese new energy experience to overseas market and contribute to the development of global new energy industry."About Trio GroupTrio Industrial Electronics Group Limited is a manufacturer and distributor of advanced industrial electronic components and products in Hong Kong with 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 charger, electro-mechanical product and switch-mode power supplies, which are widely used in smart city system, medical and healthcare sector, as well as renewable energy field. The Group has built up good reputation and become a trusted supplier to various international well-known brands. Majority of its clients comes from Europe and US while some from Southeast Asia and PRC. In addition, the Group and its partner has developed its 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.For more details, please contact:Skye ShumInvestor Relations Manager PR media:DLK Advisorypr@dlkadvisory.comFile: Deltrix, a Subsidiary of Trio Group, Builds an In-depth Strategic Partnership with Haylion Technologies to Jointly Expand the New Energy Market31/10/2024 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
Oct 31, 2024

【Press Release】China XLX Announces 2024 First Three Quarters Results

Press Release(For immediate release)China XLX’s Profit for 9M 2024 Surged by 80% YoYEfforts in Efficiency Enhancement, Cost Reduction and Resources Optimization Produced Remarkable ResultsResults highlights for first three quarters in 2024:Net profit climbed 75.8% YoY to RMB 2.031 billion. Net profit attributable to owners of the parent company surged 80.7% YoY to RMB 1.534 billion. Basic earnings per share grew 85.3% YoY to RMB 1.26. Financial position continued to improve with the gearing ratio dropped to 59.4%.(31 October 2024, 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 nine months ended 30 September 2024 (the “Period”) amounted to approximately RMB 17.42 billion. Net profit increased by 75.8% YoY to approximately RMB 2.031 billion. Net profit attributable to owners of the parent company surged by 80.7% YoY to RMB 1.534 billion.In the first three quarters of 2024, benefiting from the decline in feedstock costs and the stable operation of production, the Group’s gross profit grew by 5% YoY. Through effective cost management, its administrative expenses and financial expenses decreased by 2% and 13% respectively. In addition, the disposal of Tianxin Coal generated an investment gain of approximately RMB 790 million. The above factors led to a significant increase in the Group’s net profit. In this regard, the Group completed the capital increase in its non-wholly owned subsidiaries and enlarged its shareholding to 80.18%, leading to a significant increase in the net profit attributable to the parent company.As the global economy gradually picked up, the market demand for the Group's main products remained stable. Although fluctuations in raw material prices weighed on the product prices, the Group achieved stable improvement in its operating results by expanding production capacity and sales channels. The sales revenue of fertiliser segment, chemical segment, gas segment and medical intermediate accounted for 60%, 36%, 2% and 2% respectively of the total revenue.During the Period, the sales volume of urea products increased by 33% YoY to 2.768 million tons mainly due to the expansion of production capacity and resumed operation of some production facilities. Meanwhile, with stepped-up efforts to promote high-efficiency compound fertilisers and differentiated fertilisers, the overall gross profit margin of compound fertilizers increased by 5% YoY. Underpinned by the economic recovery, the demand for methanol recovered and its sales volume for the period increased by 17% YoY, and the gross profit margin increased by 8% YoY.The Group flexibly adjusted its production capacity and bolstered production efficiency to further meet the needs of downstream manufacturing industries. Although the price of melamine decreased by 8% YoY due to the weakness of real estate market, its sales volume increased by 9% YoY as the Group explored the international market, leading to an increase in the export volume (especially Turkey).In the first three quarters of 2024, with the support of technological improvement and stable equipment operation, the sales volume of DMF increased by 33% YoY. In terms of the pharmaceutical intermediate segment, the Group optimized the product structure and increased the proportion of sales of high value-added products, with its average selling price increasing by 18% YoY.Looking ahead into the future, Mr. Liu Xingxu, Chairman of China XLX, said: The fourth quarter will see the peak demand season for winter. With the support of macroeconomic policies, the price of coal feedstock is expected to stabilize and rebound, forming effective support for fertiliser prices. Meanwhile, with the implementation of environmental protection and production capacity control policies, the supply of nitrogen fertilisers will reduce in stages. Driven by the demand arising from winter fertiliser reserves and off-season procurement, fertiliser prices are expected to gradually stabilize. The Group will continue to promote green and low-carbon transformation through technological innovation and industrial chain extension, thereby enhancing product value and promoting high-quality development.Mr. Liu Xingxu pointed out that China XLX will leverage its competitive edges in R&D to promote the development of new chemical materials and fine chemicals to meet the market demand for high-performance and high value-added products and ensure the Group’s sustainable growth in the long run. Through optimizing the product structure and improving resource utilization efficiency, the Group will sharpen its competence and achieve it sustainable development goals.~ END ~About China XLX Fertiliser Ltd.China XLX Fertiliser Ltd. is one of the largest and most cost-efficient coal-based urea producers in China. It is principally engaged in developing, manufacturing and selling of urea, compound fertiliser, methanol, dimethyl ether, melamine, furfuryl alcohol, furfural, 2-methylfuran, pharmaceutical intermediates and related differentiated products. The Group adheres to the development strategy of “maintaining overall cost leadership and creating competitive differentiation" while strengthening the core fertiliser operations. With support of the resources in Xinxiang, Xinjiang and Jiangxi, it extends the value chain to upstream new energy and new materials and diversifies into coal chemical related products. The Company’s shares (stock code: 01866.HK) are traded on the main board of the Hong Kong Stock Exchange.Investor and Media Enquiries China XLX Fertiliser Ltd. Gui Lin Tel: 86-135-6942-3415 Email: gui.lin@chinaxlx.com.hk PRChina Limited Rachel Chen Tel: 852-2522 1368 / 852-2522 1838 Email: rchen@prchina.com.hk File: 【Press Release】China XLX Announces 2024 First Three Quarters Results31/10/2024 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
Oct 31, 2024

J5 Beyond Boundaries: Unleash the Best New Human-Pet Friendly Experience in the Same Class

Recently,OMODA&JAECOO officially launched a new off-road vehicle model—J5—specially designed for new urban youths. Since its release, J5 has aroused strong market responses with its best-in-class excellent performance and high-end configurations. It perfectly meets the dual needs of urban new youths for urban travel and exploring nature and becomes an ideal companion for urban new youths' travel. Unparalleled in Human-Pet Friendly Travel in the Same Class. Share Journeys Freely and Worry-Free. At this launch event, the most captivating feature of the J5 was undoubtedly its profound interpretation of the "Human-Pet Friendly travel" concept, offering users the best pet travel experience in its class. To create an exceptionally comfortable and healthy environment for pets, the J5 has thoughtfully designed extended seats specifically for pets, significantly enhancing their comfort and safety during travel. The vehicle's air conditioning filter, with its powerful filtration capabilities, effectively blocks pet hair, ensuring that the air inside the car remains fresh and clean at all times. Even more considerate, the J5 is equipped with an intelligent temperature control system that automatically adjusts the cabin temperature based on real-time needs, allowing pets to enjoy a comfortable experience regardless of seasonal changes. Additionally, the car includes an antibacterial health device that effectively inhibits the growth of bacteria, providing comprehensive protection for the health of pets.Moreover, convenient pet-feeding devices and eco-friendly products such as specially designed boarding steps for small pets showcase the brand's meticulous attention to human-pet friendly travel. These carefully designed pet features allow pets to stay close to their owners even during long journeys, sharing every relaxed and enjoyable travel moment.Best in Outdoor Living in the Same Class. Enjoy Urban Travel Freely. Not only is it the best in Human-Pet Friendly travel in the same class, but J5 also has the best outdoor living ecology in the same class, unlocking a new living experience for outdoor enthusiasts. It's equipped with a 1250KG towing qualification and a 75KG roof rack, bringing unprecedented travel freedom for users. Whether carrying outdoor equipment or towing a caravan, they can do as they wish and enjoy the fun of the outdoors. At the same time, the J5 is also equipped with practical components such as contact charging ports, original factory hooks in the trunk, and multi-purpose camping lights. This allows J5 to turn into a mobile castle when going outdoors instantly. Whether it is short-term camping or long-distance exploration, it can be easily handled. Leading in Performance Configuration in the Same Class. Upgrade Driving Enjoyment. Moreover, J5 also shows leading advantages in performance configuration that is the best in the same class. The standard independent suspension in the whole series ensures that users can enjoy a smooth and comfortable journey whether shuttling in the city or exploring in the suburbs. The largest 1.45㎡ panoramic sunroof in the same class allows you to take in the blue sky and white clouds and the bright starry sky, making every trip seem to be in the embrace of nature and bringing unprecedented visual enjoyment to drivers and passengers. Coupled with the best 13.2-inch integrated inclined large screen in the same class, which integrates intelligent navigation systems, entertainment applications, etc., J5 not only has extraordinary driving performance but also is more intuitive and convenient to operate. The emergence of J5 not only enriches market choices but also provides new possibilities for urban youths who pursue high-quality and personalized travel experiences. It once again proves OMODA&JAECOO's insight and innovation ability in modern travel methods. In the future, OMODA&JAECOO will continue to increase research and development and innovation efforts and launch more high-quality models around users' diversified and personalized travel needs, bringing more convenient, efficient, and economical travel experiences.Company:Chery Automobile Co., LtdContact Person: Lulu TaoEmail: Taolulu2@mychery.comWebsite: http://www.omodajaecoo.com/City:Wuhu,China 31/10/2024 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
Oct 31, 2024

J5 Beyond Boundaries: Unleash the Best New Human-Pet Friendly Experience in the Same Class

Recently,OMODA&JAECOO officially launched a new off-road vehicle model—J5—specially designed for new urban youths. Since its release, J5 has aroused strong market responses with its best-in-class excellent performance and high-end configurations. It perfectly meets the dual needs of urban new youths for urban travel and exploring nature and becomes an ideal companion for urban new youths' travel. Unparalleled in Human-Pet Friendly Travel in the Same Class. Share Journeys Freely and Worry-Free. At this launch event, the most captivating feature of the J5 was undoubtedly its profound interpretation of the "Human-Pet Friendly travel" concept, offering users the best pet travel experience in its class. To create an exceptionally comfortable and healthy environment for pets, the J5 has thoughtfully designed extended seats specifically for pets, significantly enhancing their comfort and safety during travel. The vehicle's air conditioning filter, with its powerful filtration capabilities, effectively blocks pet hair, ensuring that the air inside the car remains fresh and clean at all times. Even more considerate, the J5 is equipped with an intelligent temperature control system that automatically adjusts the cabin temperature based on real-time needs, allowing pets to enjoy a comfortable experience regardless of seasonal changes. Additionally, the car includes an antibacterial health device that effectively inhibits the growth of bacteria, providing comprehensive protection for the health of pets.Moreover, convenient pet-feeding devices and eco-friendly products such as specially designed boarding steps for small pets showcase the brand's meticulous attention to human-pet friendly travel. These carefully designed pet features allow pets to stay close to their owners even during long journeys, sharing every relaxed and enjoyable travel moment.Best in Outdoor Living in the Same Class. Enjoy Urban Travel Freely. Not only is it the best in Human-Pet Friendly travel in the same class, but J5 also has the best outdoor living ecology in the same class, unlocking a new living experience for outdoor enthusiasts. It's equipped with a 1250KG towing qualification and a 75KG roof rack, bringing unprecedented travel freedom for users. Whether carrying outdoor equipment or towing a caravan, they can do as they wish and enjoy the fun of the outdoors. At the same time, the J5 is also equipped with practical components such as contact charging ports, original factory hooks in the trunk, and multi-purpose camping lights. This allows J5 to turn into a mobile castle when going outdoors instantly. Whether it is short-term camping or long-distance exploration, it can be easily handled. Leading in Performance Configuration in the Same Class. Upgrade Driving Enjoyment. Moreover, J5 also shows leading advantages in performance configuration that is the best in the same class. The standard independent suspension in the whole series ensures that users can enjoy a smooth and comfortable journey whether shuttling in the city or exploring in the suburbs. The largest 1.45㎡ panoramic sunroof in the same class allows you to take in the blue sky and white clouds and the bright starry sky, making every trip seem to be in the embrace of nature and bringing unprecedented visual enjoyment to drivers and passengers. Coupled with the best 13.2-inch integrated inclined large screen in the same class, which integrates intelligent navigation systems, entertainment applications, etc., J5 not only has extraordinary driving performance but also is more intuitive and convenient to operate. The emergence of J5 not only enriches market choices but also provides new possibilities for urban youths who pursue high-quality and personalized travel experiences. It once again proves OMODA&JAECOO's insight and innovation ability in modern travel methods. In the future, OMODA&JAECOO will continue to increase research and development and innovation efforts and launch more high-quality models around users' diversified and personalized travel needs, bringing more convenient, efficient, and economical travel experiences.Company:Chery Automobile Co., LtdContact Person: Lulu TaoEmail: Taolulu2@mychery.comWebsite: http://www.omodajaecoo.com/City:Wuhu,China 31/10/2024 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
Oct 31, 2024

PetroChina Posted Another Record Operating Results for First Nine Months in 2024

PetroChina Posted Another Record Operating Results for First Nine Months in 2024(29 October 2024) – PetroChina Company Limited [“PetroChina” or the “Company”, (SSE: 601857; HKSE: 00857)] announced its operating results for the first three quarters of 2024. The Company deepened its analysis of the macro-environment and proactively responded to market changes. It made coordinated efforts to enhance production, operation, operational quality and profitability, drove reform and innovation, green transition, and safety and environmental protection. While operation of the core oil and gas businesses remained safe, steady and profitable, emerging businesses such as new energies and new materials expanded rapidly. The Company’s operating results for the first three quarters sustained growth momentum and hit another record high. In accordance with IFRS, the Company recorded revenue of RMB 2.26 trillion in the first three quarters of 2024. Net profit attributable to owners of the Company grew by 0.7% year-on-year to RMB 132.52 billion. For the third quarter, net profit attributable to owners of the Company reached RMB 43.91 billion, up by 2.3% quarter-on-quarter. Meanwhile, the Company retained a sound financial position, with its asset-liability structure further optimized. The debt-to-asset ratio dropped by 1.3 percentage points to 39.5% from the beginning of this year, falling to a nearly 14-year low for the same period. Results ReviewSteady growth in oil and gas output along with rapid expansion of new energies business. The Company remained committed to efficient exploration and development, vigorously promoted oil and gas exploration and development, and boosted oil and gas reserves and output. For overseas business, the Company stepped up efforts in acquiring new projects and successfully signed the production sharing contracts for Suriname shallow-water Blocks 14 and 15. The Company accelerated the integrated development of oil, gas and new energies, pushed for the construction of large-scale new energies bases, and advanced the development of wind, solar, geothermal and hydrogen energy and CCUS operations. In the first three quarters of 2024, the Company’s oil and gas equivalent output grew by 2.0% year-on-year to 1.342 billion barrels; of which the crude oil output increased by 0.3% year-on-year to 708 million barrels and the marketable natural gas output advanced by 4.0% year-on-year to 3.80 trillion cubic feet. Domestic oil and gas equivalent output grew by 2.3% year-on-year to 1.197 billion barrels; of which crude oil output edged up 0.3% year-on-year to 585 million barrels and the marketable natural gas output expanded by 4.4% year-on-year to 3.67 trillion cubic feet. The oil, gas and new energies business achieved an operating profit of RMB 144.26 billion, up by 8.7% year-on-year.Continuous efforts in driving transformation and upgrading of refining and chemical business, with steady progress in key projects development. Adhering to market-oriented approach, the Company continued to drive the transformation and upgrading of refining and chemical business, further optimized the product mix and dynamically adjusted diesel-to-gasoline ratio. It maintained high utilization rates and efficient operation of aromatics and other chemicals facilities, strengthened new product development, and increased production and sales of high-profitability chemical products and new materials. In the first three quarters of 2024, the Company processed a total of 1.036 billion barrels of crude oil. The output of refined products reached 89.909 million tons. The production of chemical commodity products expanded by 9.7% year-on-year to 28.643 million tons. The production of new materials surged by 62.6% year-on-year to 1.618 million tons. The refining, chemicals and new materials business generated an operating profit of RMB 15.28 billion.Proactive market analysis to ensure stable operation of the industrial chain. The Company proactively responded to changes in refined oil market demand, strengthened its logistics coordination and optimized the production and marketing integration. With flexible and precise marketing strategies, the Company maintained stable operation of the entire industrial chain through measures to improve the quality of customer service, vigorously promote refueling gun business, endeavor to expand sales while reducing inventories, enhance its market share, better coordinate the development of domestic and international markets and actively develop overseas high-end markets. The Company also organized non-fuel product marketing campaigns, advanced its private-label product development, and continuously improved the profitability of non-fuel businesses. In the first three quarters of 2024, the Company sold a total of 119.886 million tons of gasoline, kerosene and diesel, with a total of 89.596 million tons of refined oil products sold domestically. The marketing business realized an operating profit of RMB 12.90 billion.Persistent optimization in resource pool structure and enhanced natural gas marketing capacity. The Company continuously optimized its resource pools structure and effectively reduced the overall procurement costs. Through strengthened marketing efforts and marketing strategies, the Company made relentless efforts to promote online sales and cost pass-through pricing mechanisms to expand end-user markets, optimized market layout, customer structure and sales channels so as to increase the sales volume and profitability of natural gas sales business. In the first three quarters of 2024, the Company’s natural gas sales reached 209.82 billion cubic meters, up 8.6% year-on-year; of which domestic natural gas sales reached 162.96 billion cubic meters, up by 4.9% year-on-year. The natural gas sales business recorded an operating profit of RMB 25.27 billion, up by 29.7% year-on-year.OutlookIn the fourth quarter of 2024, the Company will continue to leverage the strengths of its integrated industrial chain, make persistent efforts to enhance business quality and profitability, promote reform and innovation, so as to ensure the fulfillment of its annual production and operational targets, striving to create greater value for all shareholders and society.###Additional information on PetroChina is available at the Company’s website: http://www.petrochina.com.cnIssued by PetroChina Company LimitedFor further information, please contact:PetroChina Company LimitedPR Agency (Overseas media): PRChina LimitedJoanne Liu Fax: (852) 2522 9955Tel: (852) 2522 1838Email: petrochina@prchina.com.hk PR Agency (Domestic media): EverBloom Investment Consulting Co., Ltd.Di Shen Fax: (8610) 8562 3181Tel: (8610) 5166 3828Email: zhongshiyou.list@everbloom.com.cn File: PetroChina Posted Another Record Operating Results for First Nine Months in 202429/10/2024 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
Oct 29, 2024
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