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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.

The 16th China (Liuyang) International Fireworks Cultural Festival Ends up a Success

From September 14 to 15, the 16th China (Liuyang) International Fireworks Cultural Festival was successfully hosted in Liuyang. By the brilliantly lit Liuyang River gathered tens of thousands of visitors to admire the visual spectacle of fireworks. This year’s festival launched eight thematic activities. While enhancing industrial linkage through "fireworks +" and delivering an immersive consumer experience to tourists, it also offered a free viewing area for the first time, allowing tourists to adore fireworks, visit the night market and feel the unique charm, so as to inject momentum into the night economy. On the evening of September 14, nearly 100,000 fireworks products and more than 8,500 fireworks shells were launched into the air from 32 points outside the city, turning the city into a world of light and colors. Liuyang Fireworks Conference (LFC) has become the world's top fireworks competition and a key platform for global industry exchanges. This year’s LFC gathered four world-class fireworks displaying teams from the Netherlands, New Zealand, the Philippines and Canada. They showed their skills by the Liuyang River, displaying new display arrangement creativity and performance art of fireworks products. After intense competition, the Canadian team won the championship, the Netherlands team finished second, and the Philippines and New Zealand teams were winners of excellent prize.In recent years, Liuyang has accelerated the transformation and upgrading of fireworks industry. By pushing the "fireworks +" integration, enhancing brand value and influence, and rolling out the "tour the countryside during the day, watch fireworks at night" leisure mode, Liuyang has grown into the world's largest production and trade base of fireworks, seeing the industrial output value exceed RMB 50 billion in 2023. Media Contact:Organization Name: Liuyang Municipal Publicity DepartmentContact Person: JasonEmail: 2719431560@qq.comWebsite: http://www.liuyang.gov.cn/ztzl/dwzt/czj39/lyczyjsgk7/bmyjs9662/zglyswxcb/18/09/2024 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
Sep 18, 2024

Prime Group Announces Game-Changing $60 Billion Investment Fund to Revolutionize Oil, Mining, and Agriculture in Africa

Singapore, Prime Group, under the leadership of CEO Karim Bouhout, proudly unveils its $60 billion investment fund, designed to supercharge oil exploration, mining, and agriculture across the African continent. This unprecedented initiative is not just about capitalizing on Africa’s rich natural resources—it’s about positioning Africa as a global powerhouse, with sustainable growth and strategic political influence at its core.Prime Group’s fund is engineered to unlock Africa's vast potential, bolstering economic independence while forging stronger partnerships with international players. The fund will be a key driver in reshaping Africa’s standing on the global stage, ensuring that the continent’s resource sectors no longer play a secondary role but take center stage in shaping the future of global trade and industry.“This is more than an investment fund—it’s a political and economic catalyst for Africa,” said Karim Bouhout, CEO of Prime Group. “We are committed to transforming Africa into a cornerstone of global energy and agricultural supply chains. This fund is a statement: Africa’s time is now. By empowering local economies and driving innovation in oil, mining, and agriculture, we are building a future where Africa’s resources are developed sustainably, and its people are empowered politically and economically.”A New Era of Global Partnerships and African LeadershipPrime Group’s $60 billion fund is not just an investment—it is a strategic instrument aimed at driving political influence and economic sovereignty for African nations. By prioritizing partnerships with local governments, businesses, and stakeholders, Prime Group is fostering a new model of African growth that aligns with global sustainability goals while ensuring that African countries remain key players in the resource-based global economy.The company has spent more than a decade laying the groundwork for this initiative. Under the leadership of Karim Bouhout, Prime Group has successfully bridged global investment with African markets. Now, with this transformative fund, the group is doubling down on its commitment to African leadership in global resource development.Sustainability as a Political StrategyAt a time when global environmental policies are increasingly shaping economic decisions, Prime Group is aligning its investments with international sustainability frameworks to ensure that African resources are developed responsibly. This fund prioritizes projects that meet the highest environmental standards, while also adopting cutting-edge technologies in resource extraction and modern agricultural practices.By doing so, Prime Group is sending a powerful message: Africa will not only be a global supplier of resources but will do so on its own terms—leading the world in sustainable development. This approach positions African nations as key political allies in the global effort to address climate change, making Africa a pivotal player in future international negotiations on energy, trade, and environmental policy.Africa’s Emergence as a Global Resource LeaderThe geopolitical significance of Africa’s resources cannot be overstated. As global demand for energy and agriculture surges, Africa is uniquely positioned to supply these critical commodities. Prime Group’s investment strategy will enable African nations to seize this moment, becoming central to global supply chains and influencing the political discourse on resource management.This fund aims to reposition Africa as a global resource leader, not just a beneficiary of external aid or foreign investment. By fostering self-sufficiency and economic independence, Prime Group is helping African nations build their own wealth, while establishing strong diplomatic and trade ties with key global powers.About Prime GroupPrime Group is a trailblazing investment firm, specializing in resource development with an unwavering commitment to sustainability and geopolitical impact. The firm operates across diverse sectors, including commodity trading, infrastructure, agriculture, logistics, and hospitality, with a strong focus on driving long-term value for both shareholders and local communities. Prime Group’s mission is to deploy capital strategically in Africa’s most promising industries, ensuring that economic growth is inextricably linked with political empowerment.By consistently delivering returns through its strategic investments, Prime Group has established itself as a leader in aligning profit with political influence, setting a new standard for responsible resource development.For more information about Prime Group and its bold vision for Africa, visit: https://www.primeinvestmentslimited.net.Media ContactFor interviews with CEO Karim Bouhout or more details on this initiative, please contact: Email: business@stankeviciusmgm.com.Stankevicius MGM provides comprehensive media marketing services, including strategic PR and global advertising solutions.18/09/2024 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
Sep 18, 2024

Tottenham Hotspur Partners with Global Online Trading Platform AIMS

Tottenham Hotspur has today announced a new multi-year partnership with AIMS, a leading global trading brokerage, to become the Club’s Official Online Trading Partner.The partnership will see AIMS engage with the Club’s global fanbase through a variety of digital and social media campaigns. The official launch took place at Tottenham Hotspur Stadium in London on 13th September, where representatives from both AIMS and Tottenham Hotspur were present to celebrate the new collaboration.Ryan Norys, Chief Revenue Officer at Tottenham Hotspur, said:“We are delighted to welcome AIMS as our Official Online Trading Partner. Their commitment to innovation and excellence aligns perfectly with our Club values. We look forward to working together to deliver exciting and engaging content that will resonate with our supporters globally.”Aaron Chang, CEO of AIMS Group, said:"We are incredibly excited to partner with Tottenham Hotspur, a club that embodies the same values of ambition, integrity, and excellence that we uphold at AIMS. This partnership is not just about brand alignment; it's about creating meaningful connections with football fans and trading communities around the world. We look forward to a successful collaboration that will drive mutual growth and success." Founded in 2015, AIMS is dedicated to providing innovative financial solutions to clients worldwide. With a strong focus on integrity and customer success, AIMS offers a comprehensive range of trading services tailored to meet the diverse needs of both individual and institutional investors. For more information, visit the official AIMS website or follow AIMS on Facebook, Instagram, and LinkedIn.For media enquiries, please contact:Benson LowGlobal Brand & Marketingmedia@aimsfx.com13/09/2024 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
Sep 13, 2024

Tottenham Hotspur Partners with Global Online Trading Platform AIMS

Tottenham Hotspur has today announced a new multi-year partnership with AIMS, a leading global trading brokerage, to become the Club’s Official Online Trading Partner.The partnership will see AIMS engage with the Club’s global fanbase through a variety of digital and social media campaigns. The official launch took place at Tottenham Hotspur Stadium in London on 13th September, where representatives from both AIMS and Tottenham Hotspur were present to celebrate the new collaboration.Ryan Norys, Chief Revenue Officer at Tottenham Hotspur, said:“We are delighted to welcome AIMS as our Official Online Trading Partner. Their commitment to innovation and excellence aligns perfectly with our Club values. We look forward to working together to deliver exciting and engaging content that will resonate with our supporters globally.”Aaron Chang, CEO of AIMS Group, said:"We are incredibly excited to partner with Tottenham Hotspur, a club that embodies the same values of ambition, integrity, and excellence that we uphold at AIMS. This partnership is not just about brand alignment; it's about creating meaningful connections with football fans and trading communities around the world. We look forward to a successful collaboration that will drive mutual growth and success." Founded in 2015, AIMS is dedicated to providing innovative financial solutions to clients worldwide. With a strong focus on integrity and customer success, AIMS offers a comprehensive range of trading services tailored to meet the diverse needs of both individual and institutional investors. For more information, visit the official AIMS website or follow AIMS on Facebook, Instagram, and LinkedIn.For media enquiries, please contact:Benson LowGlobal Brand & Marketingmedia@aimsfx.com13/09/2024 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
Sep 13, 2024

Chow Tai Fook Jewellery Group Unveils New Concept Store in Central Hong Kong, Advancing Brand Transformation Through Elevated Customer Experience

Chow Tai Fook Jewellery Group Limited (“Chow Tai Fook Jewellery Group”, the “Group” or the “Company”; SEHK stock code: 1929), the leading Chinese jeweller built on nearly a century of trust and innovation, is excited to announce the grand opening of its new concept store in Hong Kong. 
Sep 10, 2024

Will Jinxin Fertility (01951. HK) Preempt the Market Upon Policy Certainty & Performance Elasticity?

Jinxin Fertility Group Limited has always been highly regarded by market investors as a stock featured scarcity on the Hong Kong Stock Exchange.In recent years, however, Jinxin Fertility's performance has been under pressure in the capital market, but from a fundamental perspective, the Group's overall performance is still commendable. In addition, the assisted reproductive industry is facing policy benefits, especially from provinces that have already included assisted reproductive in medical insurance, greatly increasing the business volume of assisted reproductive services (ARS).So, what are the expected differences in the market behind the lack of resonance between fundamentals and valuation? How should we view the current opportunities in the context of the certainty of favorable industry policies?1. Profitability continues to rise with sustained operating resultsLooking at the mid-term financial report recently submitted by Jinxin Fertility, it can be said that the business situation presented in this semi-annual report is still stable.According to financial report data, Jinxin Fertility achieved a revenue of RMB 1.44 billion in the first half of the year, a year-on-year increase of 8.2%; Adjusted EBITDA of 418 million yuan, a year-on-year increase of 6.1%; Net profit after adjustment of 260 million yuan, a year-on-year increase of 1.8%.While the core performance indicators remained stable, the Group's operating cash flow performance was also quite good, which directly demonstrated its impressive endogenous ability to generate revenue. In the first half of the year, its net cash income from operating activities reached 384 million yuan, a year-on-year increase of 14.0%.In the face of a complex external market environment, the Group continued to maintain a solid financial foundation and optimize its debt structure. Its interest bearing debt ratio decreased to 13.7% for the half year, a year-on-year decrease of 0.6 percentage points.In terms of domestic and international business, the Group created different development strategies based on the geographical characteristics and development stages of its medical institutions to promote the upward development of domestic and international business.From a domestic business aspectFor mature institutions, Jinxin Fertility took its Chengdu operations as a paradigm to build a one-stop integrated business with ARS as core services, to support the entire fertility and health management, to better serve patients. The Group strengthened core departments such as reproductive medicine and obstetrics, while further diversified discipline construction to expand business network for better brand awareness with wider customer bases, thereby reserving patients with longer conversion cycles for core businesses.For incubation institutions, the Group continued to focus on its core ARS business, took stringent measures to improve its quality and safety system, and shifted its operating model to operation-driven from marketing-driven.From an overseas perspectiveAs regards US business, the Group continued to anchor the development trend of the assisted reproductive industry in the United States, and constantly strengthened its 36-year brand history and implemented the “physician as partner” mechanism to grant outstanding physicians with equity ownership as partners. The team expansion of medical professionals has also laid a solid foundation for the HRC expansion.4 new doctors joined the HRC in 2023, and 5 new doctors are expected to join in 2024. The number of reproductive doctors owned by HRC is expected to reach 24 by the end of the year. In the first half of 2024, HRC obtained a year-on-year increase of about 22% in total cycle volume. The integration of new and old doctors not only promoted the increase of HRC business volume, but also provided a reserve of medical talents for HRC's expansion. As of now, HRC Medical holds 4 core clinics and 7 satellite centers in the Los Angeles and San Diego areas of the United States. At the same time, in response to the development trend of egg freezing in the United States, the Group has launched sets of egg freezing medical services to further increase the influence of HRC in the assisted reproductive market in the United States.Furthermore, outside of the United States, Jinxin Fertility also promoted the development of its overseas business in light of actual conditions based on region-specific approach. Among them, Jinrui Medical Center in Laos has created a "small yet beautiful" self-built operating model with high-efficiency, which has achieved profitability in less than a year of operation, providing a feasible reference model for the Group's expansion in other emerging markets in Southeast Asia.Also worth mentioning is that in April of this year, the Group signed a contract with Morula, the largest ARS group in Indonesia, becoming its largest strategic investor. Morula has a wide service network in Indonesia, with 10 IVF clinics. Through this cooperation, the Group was able to inject its advantageous resources in medical technology, doctor training, information technology, and customer relationship management into Morula, further improving its service quality and operational efficiency. The first step taken by the Group through strategic investment in Southeast Asia not only helps to deepen its development in the Indonesian market, but also provides valuable experience and models for future strategic expansion in other Southeast Asian countries.Through innovative operating models, strategic investments, and collaborations, the Group has been gradually building a global ARS network to meet the needs of patients in different regions and promote the sustained growth and international development of the company's business.2. Driven by Policy & Industry Innovation, Features Certainty & Growth PotentialOn the whole, Jinxin Fertility has manifested its high-quality development path to the outside world both in terms of performance and business strategy. In the meantime, the Group is also facing a series of favorable catalysts, which continue to bring new opportunities for development with certainty and high growth.Firstly, policies are continuously forming a positive driving force for the development of the assisted reproductive industry.In respect of the domestic market, favorable policies for the industry are being implemented one after another. These certain policies for medical insurance have brought optimistic expectations for the future business development of the Group.It is worth noting that currently, under the promotion of the National Healthcare Security Administration of China, 19 provinces including Beijing, Guangxi, Inner Mongolia, Gansu, and Xinjiang Production and Construction Corps have included assisted reproductive technology in the scope of medical insurance reimbursement. The subsidiary institutions of the Group located in Sichuan, Guangdong, Hubei, and Yunnan have all issued consultation letters related to the inclusion of assisted reproduction in medical insurance reimbursement or pricing, and are expected to be implemented in the near future.With the implementation of medical insurance policy, the demand for assisted reproduction market is expected to be released, driving a significant increase in the number of infertility patients seeking medical treatment and providing momentum for the sustained growth of the assisted reproduction industry.According to the "Assisted Reproduction Research Report in China 2023" released by YuWa Population Research, 55.7% of infertile patients gave up using assisted reproductive treatment due to its high cost. When the subsidy ratio reached 20%, the willingness of potential patients to receive treatment will increase from 71% to over 80%.Moreover, the policy has greatly stimulated the number of assisted reproductive visits based on the regions that have already been included in healthcare insurance. Previously, a person in charge of the medical security bureau of Guangxi Zhuang autonomous region responded to an interview with China Youth Daily and mentioned that from the implementation of the policy in November 2023, the outpatient volume of assisted reproductive institutions in the entire autonomous region reached 607700 times, a year-on-year increase of 35.6%.And when it comes to the US market, the innovation in the assisted reproductive industry is on the rise, and the continuous innovation in the industry has brought greater imaginative room for the future development of HRC.Sustained driving force has been brought to the development of the industry nowadays no matter what new innovations in products, operating models, or payment methods.Progyny, who sits at the forefront of American infertility insurance, has driven innovation in payment methods. The company is able to provide reproductive welfare solutions such as IVF for employees of corporate employers, by combining technology, insurance, and medical practice to provide personalized treatments and financial support, which has also established a strong market position in the ARS field.Further, KindBody, a bellwether in product and operating innovation, provided reproductive health solutions such as IVF and egg freezing through online, offline, and collaborative models. This not only improves service accessibility but also reduces costs through technological means, making advanced reproductive services affordable for more families.In view of the aforesaid, the active promotion of policies and continuous innovation in the industry have brought tremendous development opportunities for ARS providers such as Jinxin Fertility. The market opportunities in the assisted reproductive industry will still be full of prospects with the release of market demand and the continuous innovation and progress of products, technologies, and service models.3. ConclusionThe pharma sector receives ongoing optimistic views in performance from institutions on the Hong Kong Stock Exchange as the Federal Reserve enters a interest rate cut cycle nowadays.The recent research report by CITIC Securities pointed out that it is recommended to focus on the healthcare industry that benefits from the reduction in borrowing costs based on the industry performance during the rate cut cycle. In fact, companies with stable cash flow are more likely to stand out in past interest rate cut cycles, due to their defensive nature and the potential for sustained expansion brought by their solid cash flow.As a leading ARS provider, Jinxin Fertility has demonstrated in its past financial performance the company's stable cash flow and good business growth capabilities. Through steady expansion both at home and abroad, as well as continuous promotion of innovative businesses, the Group has established a strong brand influence and market competitiveness in the field of ARS.Meanwhile, the Group has shown a positive side in both management's increase in holdings and repurchases, continuously releasing market confidence.Significantly, the Group spent HKD 9.57 million to repurchase 4 million shares in the market on August 30th, and it had also spent HKD 21.84 million to repurchase 9 million shares at the end of July.Through consecutive repurchase actions, it is not difficult to see the Group's confidence in its own value and optimistic expectations for future development prospects.06/09/2024 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
Sep 6, 2024

Hong Kong E-Commerce Logistics Association (HKELA) Joins Forces with OPENeX 2024 and WMX Asia Conference to Promote Cross-Border International E-Commerce

Hong Kong E-Commerce Logistics Association (HKELA) is proud to announce its strategic partnership with the upcoming OPENeX 2024 and the World Mail & Express Asia Conference (WMX Asia). This collaboration aims to enhance cross-border international trade within the e-commerce and logistics sectors.
Sep 5, 2024

Hong Kong E-Commerce Logistics Association (HKELA) Joins Forces with OPENeX 2024 and WMX Asia Conference to Promote Cross-Border International E-Commerce

Hong Kong, September 5, 2024 — Hong Kong E-Commerce Logistics Association (HKELA) is proud to announce its strategic partnership with the upcoming OPENeX 2024 and the World Mail & Express Asia Conference (WMX Asia). This collaboration aims to enhance cross-border international trade within the e-commerce and logistics sectors.With the theme "Where Tech Meets Cross Border eCommerce Logistics," OPENeX 2024 will take place from September 16 to 18, 2024, in Hong Kong. The conference will feature a dynamic agenda filled with keynote speeches, panel discussions, and networking opportunities, attracting industry leaders from around the globe.Additionally, the WMX Asia Conference, scheduled for September 18 to 20, 2024, at the Cordis Hotel, Hong Kong, will bring together senior post and parcel professionals for insightful discussions on the latest trends and innovations in the logistics industry.HKELA President, Suki Cheung, will represent Asia as a key speaker at both conferences, sharing insights on the evolving landscape of e-commerce logistics and the critical role of collaboration in driving growth. "This partnership is a significant step towards strengthening Hong Kong's position as a global hub for e-commerce and logistics," said Cheung. "By joining forces with OPENeX and WMX Asia, we aim to foster dialogue and innovation that will benefit stakeholders across the region."The collaboration will provide HKELA members with exclusive access to international insights, networking opportunities, and innovative solutions that can streamline operations and enhance service delivery in the competitive landscape of cross-border trade.For more information about the conferences and to register, please visit OPENeX 2024 https://nex-network.com/openex/hkg/ and WMX Asia at https://www.wmxasia.com.For media inquiries or further information, please contact:Shirley ChuVice President - Partnershipsshirleychu@hkela.org###About Hong Kong E-Commerce Logistics Association (HKELA)Hong Kong E-Commerce Logistics Association (HKELA) is the first logistics association established for professionals in the online sales and e-commerce logistics industry in Hong Kong. Its members consist of professionals from various industries, including cross-border logistics, e-commerce logistics, supply chain management, logistics consulting, transportation, and warehousing. The association is dedicated to promoting and enhancing the development of the e-commerce logistics industry by connecting logistics experts, practitioners, and students.The association advocates for business growth and development among its members through collaboration. It provides a platform for members to connect and interact, with members from different specialties sharing knowledge and industry insights and exchanging market analysis and trends to maximize cooperation opportunities among members. The main goal is to unite stakeholders in the industry, actively connect with different local and overseas units and organizations, promote exchanges, and expand strategic cooperation. Through technological innovation, it aims to develop and create opportunities together, strengthen Hong Kong's position as a hub for e-commerce logistics in the Asia-Pacific region, and enhance the prospects of the Hong Kong e-commerce logistics industry.https://www.hkela.org/###05/09/2024 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
Sep 5, 2024

Ficus Technology Entered into Strategic Cooperation Agreement with Subsidiary of Shanghai Hero (Group)

Ficus Technology Holdings Limited(Incorporated in the Cayman Islands with limited liability)(Stock Code: 8107)Strategic Cooperation Agreement with Subsidiary of Shanghai Hero (Group) to Expand Market Presence and Product Line of E-commerce Platform Generating Leads for its Innovative SCM Solutions(Hong Kong – 4 September 2024) Innovative supply chain management service provider –Ficus Technology Holdings Limited (“Ficus Technology” or the “Company”, together with its subsidiaries, the “Group”) is pleased to announce that on 4 September 2024, it has reached a strategic cooperation agreement with Shanghai Hero (Group) Cultural Products Sales Co., Ltd. (“Shanghai Hero”), a subsidiary of a well-known state-owned enterprise, Shanghai Hero (Group) Co., Ltd. (上海英雄(集團)有限公司, the ‘‘Shanghai Hero (Group)’’) in China, for a period of three years. Pursuant to the agreement, the Group will provide innovative supply chain management solutions (“Innovative SCM Solutions”) to Shanghai Hero. The Group intends to create mutual benefits, bolstering revenue for both parties by diversifying the product mix of the e-commerce, Ficus Discovery (www.ficusdsc.com) (“Ficus Discovery Platform”), by introducing premium products from Shanghai Hero. Moreover, Shanghai Hero allows the Group to utilize its distuibution channels in increasing the Group’s brand recognization, achieving a win-win situation. About Shanghai Hero Established in 2011, Shanghai Hero is a state-owned enterprise in China with expertise in stationery, computers, as well as hardware components. Shanghai Hero operates as a subsidiary of Shanghai Hero (Group) which is a distinguished manufacturer renowed for its fountain pen, with its ‘‘Hero’’ brand well recognized in China.About Ficus Discovery Platform Ficus Discovery Platform is an e-commerce platform operated by the Group together with its strategic partner, utilizing a disintermediation model to establish connections between manufacturers and consumers (“M2LC”), thereby facilitating transactions and cultivating a long-term loyal customer base. Leveraging the Group’s extensive supply chain resources, innovative supply chain management solutions, digital marketing capabilities, authentication and traceability technologies, the Ficus Discovery Platform is well-positioned to be a trustworthy gateway for brands and manufacturers to access target customers. Mr. Chan Ting, Chairman and Executive Director of Ficus Technology Holdings Limited commented: “After our recent collaboration with Beijing Ruida, a subsidiary of China Supply and Trade Group Co., Ltd. (中國供銷商貿流通集團有限公司), we are delighted to reach another strategic agreement with Shanghai Hero, an established state-owned enterprise. Their adoption of our Innovative SCM Solutions clearly highlights our capability as well as market potentials. The addition of their products to e-commerce platform operated by us, Ficus Discovery, is also expected to further diversify our product offerings and strengthen our fulfillment capability. We are also looking for additional opportunities and collaborations to further expand our reach and market penetration. We will continue to work hard, and remain optimistic in delivering improving financial results and returns for our shareholders.”- END -About Ficus Technology Holdings Limited(8107.HK)Ficus Technology Holdings Limited (formerly known as Vision International Holdings Limited) is an innovative supply chain management service provider, mainly focusing on the sales of apparel products along with the provision of relevant supply chain management services. The Group’s advanced supply chain management services include anti-counterfeit, traceability, and marketing functions, capable of protecting brand equity for both apparel andotherproducts. File: 8107_SHHero Collaboration Press Release_EN_20240904_FINAL04/09/2024 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
Sep 4, 2024

Ficus Technology Entered into Strategic Cooperation Agreement with Subsidiary of Shanghai Hero (Group)

Ficus Technology Holdings Limited(Incorporated in the Cayman Islands with limited liability)(Stock Code: 8107)Strategic Cooperation Agreement with Subsidiary of Shanghai Hero (Group) to Expand Market Presence and Product Line of E-commerce Platform Generating Leads for its Innovative SCM Solutions(Hong Kong – 4 September 2024) Innovative supply chain management service provider –Ficus Technology Holdings Limited (“Ficus Technology” or the “Company”, together with its subsidiaries, the “Group”) is pleased to announce that on 4 September 2024, it has reached a strategic cooperation agreement with Shanghai Hero (Group) Cultural Products Sales Co., Ltd. (“Shanghai Hero”), a subsidiary of a well-known state-owned enterprise, Shanghai Hero (Group) Co., Ltd. (上海英雄(集團)有限公司, the ‘‘Shanghai Hero (Group)’’) in China, for a period of three years. Pursuant to the agreement, the Group will provide innovative supply chain management solutions (“Innovative SCM Solutions”) to Shanghai Hero. The Group intends to create mutual benefits, bolstering revenue for both parties by diversifying the product mix of the e-commerce, Ficus Discovery (www.ficusdsc.com) (“Ficus Discovery Platform”), by introducing premium products from Shanghai Hero. Moreover, Shanghai Hero allows the Group to utilize its distuibution channels in increasing the Group’s brand recognization, achieving a win-win situation. About Shanghai Hero Established in 2011, Shanghai Hero is a state-owned enterprise in China with expertise in stationery, computers, as well as hardware components. Shanghai Hero operates as a subsidiary of Shanghai Hero (Group) which is a distinguished manufacturer renowed for its fountain pen, with its ‘‘Hero’’ brand well recognized in China.About Ficus Discovery Platform Ficus Discovery Platform is an e-commerce platform operated by the Group together with its strategic partner, utilizing a disintermediation model to establish connections between manufacturers and consumers (“M2LC”), thereby facilitating transactions and cultivating a long-term loyal customer base. Leveraging the Group’s extensive supply chain resources, innovative supply chain management solutions, digital marketing capabilities, authentication and traceability technologies, the Ficus Discovery Platform is well-positioned to be a trustworthy gateway for brands and manufacturers to access target customers. Mr. Chan Ting, Chairman and Executive Director of Ficus Technology Holdings Limited commented: “After our recent collaboration with Beijing Ruida, a subsidiary of China Supply and Trade Group Co., Ltd. (中國供銷商貿流通集團有限公司), we are delighted to reach another strategic agreement with Shanghai Hero, an established state-owned enterprise. Their adoption of our Innovative SCM Solutions clearly highlights our capability as well as market potentials. The addition of their products to e-commerce platform operated by us, Ficus Discovery, is also expected to further diversify our product offerings and strengthen our fulfillment capability. We are also looking for additional opportunities and collaborations to further expand our reach and market penetration. We will continue to work hard, and remain optimistic in delivering improving financial results and returns for our shareholders.”- END -About Ficus Technology Holdings Limited(8107.HK)Ficus Technology Holdings Limited (formerly known as Vision International Holdings Limited) is an innovative supply chain management service provider, mainly focusing on the sales of apparel products along with the provision of relevant supply chain management services. The Group’s advanced supply chain management services include anti-counterfeit, traceability, and marketing functions, capable of protecting brand equity for both apparel andotherproducts. File: 8107_SHHero Collaboration Press Release_EN_20240904_FINAL04/09/2024 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
Sep 4, 2024

Unity Group's Subsidiary (Synergy ESCO) Receives HKD90 million (RM50 million) from Maybank's ESG Funding for Energy Efficiency Projects in Malaysia

"We are thrilled about the prospects that this collaboration with Maybank, the largest bank in Malaysia, presents," said Mr. Mansfield Wong, Chairman and Chief Executive Officer of Unity Group. "
Sep 3, 2024

Spectral Capital Corporation (FCCN) Led by Sean Michael Brehm Finalizes Acquisition of Node Nexus Co. LLC

EQS Newswire / 02/09/2024 / 01:57 PST/PDTSpectral Capital Corporation (OTCQB:FCCN) is pleased to announce the successful acquisition of Node Nexus Co. LLC, a pioneering leader in decentralized edge and hybrid computing technologies, now enhanced with cutting-edge quantum computing capabilities.Photo: Sean Michael BrehmStrategic Significance of the AcquisitionThe acquisition of Node Nexus represents a strategic milestone for Spectral Capital, reinforcing its position at the forefront of the rapidly advancing quantum computing sector. Quantum technology is poised to address critical global challenges, including cybersecurity, climate change, and the evolution of enterprise AI applications. With the integration of Node Nexus, Spectral Capital is now equipped to offer a comprehensive suite of quantum computing solutions to enterprises and governments worldwide. Key offerings include:- Vogon Cloud: The rebranded Node Nexus Network, now known as Vogon Cloud, delivers decentralized edge and hybrid cloud solutions across 16 global regions. Vogon Cloud integrates distributed quantum ledger technology, providing enhanced data security and sustainability that surpass traditional cloud services. - QuantumVM: This groundbreaking platform seamlessly bridges legacy data management with advanced containerization technology, enabling decentralized data operations on state-of-the-art ledger and database systems.- Expanded IP Portfolio: Spectral now possesses an extensive intellectual property portfolio, featuring over 100 pending patents and applications, further establishing its leadership in the quantum computing industry.- Expert Team: The acquisition includes a team of 20 quantum computing specialists whose expertise will be instrumental in advancing Spectral’s initiatives.-Innovative Technologies: Node Nexus’s advanced IBA Technology ensures secure transactions, while its TVF Technology is poised to revolutionize the sustainability of data centers.- Government Partnerships: Spectral has secured over 10 Memoranda of Understanding (MOUs) with various governments for deploying TVF data centers dedicated to quantum computing.Financial and Operational OverviewAs part of the acquisition, Spectral Capital issued 40,000,000 shares of its common stock in exchange for 100% ownership of Node Nexus. This acquisition is expected to be accretive to earnings in the near term, driving significant cost synergies and operational efficiencies. Node Nexus will now operate under the Vogon Cloud brand, aligning with Spectral’s broader service offerings.CEO’s Vision"With the acquisition of Node Nexus, Spectral is not just expanding its quantum computing capabilities but establishing itself as a leader in the quantum revolution," stated Jenifer Osterwalder, CEO of Spectral Capital. "The early success of Vogon Cloud technologies highlights the transformative potential of our quantum solutions, and we are excited about the future."Investor InformationFor detailed financial information and risk factors associated with this acquisition, please refer to our most recent filings with the Securities and Exchange Commission at www.sec.gov. Investors are encouraged to consult with their financial advisors to fully understand the implications of this acquisition.About Spectral Capital CorporationFounded in 2000 and headquartered in Seattle, Washington, Spectral Capital Corporation (OTCQB:FCCN) is a technology startup accelerator and quantum incubator. Specializing in Quantum as a Service (QaaS), Spectral leverages its proprietary Distributed Quantum Ledger Database (DQ-LDB) to deliver secure, advanced storage and computing solutions.Forward-Looking StatementsThis press release contains forward-looking statements concerning future events and FCCN's business strategy. While FCCN believes the expectations reflected in these statements are reasonable, they are subject to risks and uncertainties, many of which are beyond the company’s control. Actual results may differ materially from these expectations. FCCN disclaims any obligation to publicly update any forward-looking statements, except as required by law.For more information, please visit www.spectralcapital.com.Photo: Anna Stukkert and Sean Michael BrehmSpectral Capital Corporation media relations arranged by Stukkert’s CompanyAnna Stukkert is an investment and technology expert. She is the esteemed President of the International Investment Congress and CEO of Stukkert&Co, and is known for her insightful discussions with prominent figures in global business and politics.PR ContactAnna Stukkert Phone: +49 162 232833302/09/2024 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
Sep 2, 2024

Spectral Capital Corporation (FCCN) Led by Sean Michael Brehm Finalizes Acquisition of Node Nexus Co. LLC

EQS Newswire / 02/09/2024 / 01:57 PST/PDTSpectral Capital Corporation (OTCQB:FCCN) is pleased to announce the successful acquisition of Node Nexus Co. LLC, a pioneering leader in decentralized edge and hybrid computing technologies, now enhanced with cutting-edge quantum computing capabilities.Photo: Sean Michael BrehmStrategic Significance of the AcquisitionThe acquisition of Node Nexus represents a strategic milestone for Spectral Capital, reinforcing its position at the forefront of the rapidly advancing quantum computing sector. Quantum technology is poised to address critical global challenges, including cybersecurity, climate change, and the evolution of enterprise AI applications. With the integration of Node Nexus, Spectral Capital is now equipped to offer a comprehensive suite of quantum computing solutions to enterprises and governments worldwide. Key offerings include:- Vogon Cloud: The rebranded Node Nexus Network, now known as Vogon Cloud, delivers decentralized edge and hybrid cloud solutions across 16 global regions. Vogon Cloud integrates distributed quantum ledger technology, providing enhanced data security and sustainability that surpass traditional cloud services. - QuantumVM: This groundbreaking platform seamlessly bridges legacy data management with advanced containerization technology, enabling decentralized data operations on state-of-the-art ledger and database systems.- Expanded IP Portfolio: Spectral now possesses an extensive intellectual property portfolio, featuring over 100 pending patents and applications, further establishing its leadership in the quantum computing industry.- Expert Team: The acquisition includes a team of 20 quantum computing specialists whose expertise will be instrumental in advancing Spectral’s initiatives.-Innovative Technologies: Node Nexus’s advanced IBA Technology ensures secure transactions, while its TVF Technology is poised to revolutionize the sustainability of data centers.- Government Partnerships: Spectral has secured over 10 Memoranda of Understanding (MOUs) with various governments for deploying TVF data centers dedicated to quantum computing.Financial and Operational OverviewAs part of the acquisition, Spectral Capital issued 40,000,000 shares of its common stock in exchange for 100% ownership of Node Nexus. This acquisition is expected to be accretive to earnings in the near term, driving significant cost synergies and operational efficiencies. Node Nexus will now operate under the Vogon Cloud brand, aligning with Spectral’s broader service offerings.CEO’s Vision"With the acquisition of Node Nexus, Spectral is not just expanding its quantum computing capabilities but establishing itself as a leader in the quantum revolution," stated Jenifer Osterwalder, CEO of Spectral Capital. "The early success of Vogon Cloud technologies highlights the transformative potential of our quantum solutions, and we are excited about the future."Investor InformationFor detailed financial information and risk factors associated with this acquisition, please refer to our most recent filings with the Securities and Exchange Commission at www.sec.gov. Investors are encouraged to consult with their financial advisors to fully understand the implications of this acquisition.About Spectral Capital CorporationFounded in 2000 and headquartered in Seattle, Washington, Spectral Capital Corporation (OTCQB:FCCN) is a technology startup accelerator and quantum incubator. Specializing in Quantum as a Service (QaaS), Spectral leverages its proprietary Distributed Quantum Ledger Database (DQ-LDB) to deliver secure, advanced storage and computing solutions.Forward-Looking StatementsThis press release contains forward-looking statements concerning future events and FCCN's business strategy. While FCCN believes the expectations reflected in these statements are reasonable, they are subject to risks and uncertainties, many of which are beyond the company’s control. Actual results may differ materially from these expectations. FCCN disclaims any obligation to publicly update any forward-looking statements, except as required by law.For more information, please visit www.spectralcapital.com.Photo: Anna Stukkert and Sean Michael BrehmSpectral Capital Corporation media relations arranged by Stukkert’s CompanyAnna Stukkert is an investment and technology expert. She is the esteemed President of the International Investment Congress and CEO of Stukkert&Co, and is known for her insightful discussions with prominent figures in global business and politics.PR ContactAnna Stukkert Phone: +49 162 232833302/09/2024 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
Sep 2, 2024

RaffAello Establishes Ties with Wealthy Communities as Premier Intermediary

After a company is listed on the stock exchange, it is merely a newcomer in the capital markets. Future success depends not only on its own efforts but also on the collaboration of various professional teams leveraging their strengths to shine in the stock market. RaffAello Securities (HK) Limited, known as a designated placing agent for tycoons, has become the intermediary that enterprises most desire to partner with for financing and strategic partnerships. Recently, the name of RaffAello has grown beyond Hong Kong, reaching the affluent circles in mainland China, with Ziyuanyuan Holdings Group Limited (ZYY) (HKSE: 8223) expressed their confidence in RaffAello.Shenzhen Ziyuanyuan Investment Group Co., Ltd. is a comprehensive investment holding group headquartered in Shenzhen, China. The core business of the group is real estate development, with diversified interests in property investment, financial technology, and other sectors. ZYY, a listed company in Hong Kong, operates in the medical equipment and supplies sector, representing just the tip of the iceberg of the group's overall business.Earlier, ZYY announced a proposed rights issue of 5-for-1, aiming to issue up to 86 million rights shares, which would represent approximately 16.67% of the enlarged share capital. The total proceeds are expected to be around HKD 86 million, with a net amount of approximately HKD 79.5 million intended for financing lease services for medical equipment, trading of medical devices and consumables, and general working capital. RaffAello Securities (HK) Ltd. serves as the underwriter for the rights issue.RaffAello works to enhance the visibility of major corporate branches in the secondary market, often attracting the attention of star funds and family offices, facilitating strong partnerships that result in a win-win situation for all parties involved. Numerous examples abound. A recent case is China Wantian Holdings (HKSE: 1854), whose chairman, Hooy Kok Wai, is the vice chairman of Perfect Group in China. Wantian serves as its flagship publicly listed entity in Hong Kong. After RaffAello facilitated the rights issue for China Wantian last year, the stock price surged more than threefold, becoming a notable case despite the prevailing weakness in the Hong Kong stock market. The firm subsequently attracted investments from ChinaAMC, Franklin Templeton Fund, and Lee Ka Kit of Henderson Land, making headlines in the financial community.RaffAello’s ability not only earned the trust of its clients, but it also led to being awarded the Best Small Medium Cap Broker at The Hong Kong Fund Managers Awards 2023. Additionally, RaffAello Investment Management (HK) Ltd. received the accolade for the Best Hong Kong Investment Team. These recognitions reflect the market's appreciation for RaffAello.02/09/2024 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
Sep 2, 2024

RaffAello Establishes Ties with Wealthy Communities as Premier Intermediary

After a company is listed on the stock exchange, it is merely a newcomer in the capital markets. Future success depends not only on its own efforts but also on the collaboration of various professional teams leveraging their strengths to shine in the stock market. RaffAello Securities (HK) Limited, known as a designated placing agent for tycoons, has become the intermediary that enterprises most desire to partner with for financing and strategic partnerships. Recently, the name of RaffAello has grown beyond Hong Kong, reaching the affluent circles in mainland China, with Ziyuanyuan Holdings Group Limited (ZYY) (HKSE: 8223) expressed their confidence in RaffAello.Shenzhen Ziyuanyuan Investment Group Co., Ltd. is a comprehensive investment holding group headquartered in Shenzhen, China. The core business of the group is real estate development, with diversified interests in property investment, financial technology, and other sectors. ZYY, a listed company in Hong Kong, operates in the medical equipment and supplies sector, representing just the tip of the iceberg of the group's overall business.Earlier, ZYY announced a proposed rights issue of 5-for-1, aiming to issue up to 86 million rights shares, which would represent approximately 16.67% of the enlarged share capital. The total proceeds are expected to be around HKD 86 million, with a net amount of approximately HKD 79.5 million intended for financing lease services for medical equipment, trading of medical devices and consumables, and general working capital. RaffAello Securities (HK) Ltd. serves as the underwriter for the rights issue.RaffAello works to enhance the visibility of major corporate branches in the secondary market, often attracting the attention of star funds and family offices, facilitating strong partnerships that result in a win-win situation for all parties involved. Numerous examples abound. A recent case is China Wantian Holdings (HKSE: 1854), whose chairman, Hooy Kok Wai, is the vice chairman of Perfect Group in China. Wantian serves as its flagship publicly listed entity in Hong Kong. After RaffAello facilitated the rights issue for China Wantian last year, the stock price surged more than threefold, becoming a notable case despite the prevailing weakness in the Hong Kong stock market. The firm subsequently attracted investments from ChinaAMC, Franklin Templeton Fund, and Lee Ka Kit of Henderson Land, making headlines in the financial community.RaffAello’s ability not only earned the trust of its clients, but it also led to being awarded the Best Small Medium Cap Broker at The Hong Kong Fund Managers Awards 2023. Additionally, RaffAello Investment Management (HK) Ltd. received the accolade for the Best Hong Kong Investment Team. These recognitions reflect the market's appreciation for RaffAello.02/09/2024 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
Sep 2, 2024

JP Legal Announces Major Milestones and Continued Expansion in the GCC Region

Riyadh, Saudi Arabia - September 02, 2024 - (SeaPRwire) - JP Legal, a leading law firm operating across the Gulf Cooperation Council (GCC), has established itself as a premier legal partner for both regional and international clients. With a deep understanding of the legal and cultural nuances of the GCC, particularly Saudi Arabia, JP Legal is at the forefront of advising multinationals companies on complex transactions, and on expanding their market presence, and executing high-value transactions.Acting for Major Clients Across the RegionJP Legal advised recently BLOMINVEST Saudi Perfume Fund on the acquisition of an 18% minority stake in Dkhoon AlEmiratia, a leading Saudi perfume company. Valued at over SAR 250 million, this transaction not only highlights the firm's expertise in managing complex mergers and acquisitions (M&A) but also underscores the growing importance of investing in Saudi companies as part of the Vision 2030 initiative. The transaction was handled by JP Legal's multidisciplinary team, led by Riyadh based Corporate/M&A Partner, Anas El Jisr.JP Legal has earned the trust of some of the region's most prominent corporations and brands, providing legal counsel to giants such as Al Rajhi Investment, Othaim Group, Elie Saab, and Anghami. The firm's work with Al Rajhi Investment and Othaim Group showcases its ability to handle large-scale, high-stakes transactions and legal matters that are critical to the growth and success of these leading entities in the Saudi market.In addition to advising these major clients, JP Legal has been instrumental in guiding Anghami, the leading music streaming service in the Middle East, on its business operations in Saudi Arabia and it's on securing proper Saudi approvals in parallel with its NASDAQ listing and merger with US Vistas Inc.Furthermore, JP Legal has supported Apotex Inc., a leading pharmaceutical company, in setting up their regional headquarters in Saudi Arabia and the global luxury fashion brands Elie Saab, and Natuzzi's exclusive distributor Furniture Solutions in establishing and expanding its retail footprint in the heart of Riyadh, further solidifying its presence in the Saudi market.Global Expertise with a Diverse Legal TeamJP Legal has diverse and highly qualified legal team, which includes lawyers admitted to practice in multiple jurisdictions. The firm recruits top legal talent from around the world, including UK-qualified solicitors, and attorneys licensed in Saudi Arabia, the UAE, Lebanon, Pakistan, Canada, France, and beyond. This extensive legal expertise allows JP Legal to provide exceptional service and comprehensive legal solutions tailored to the specific needs of its clients, whether they are navigating local regulations or engaging in complex cross-border transactions.Embracing AI to Revolutionize Legal ServicesIn an industry traditionally dominated by manual processes, JP Legal has embraced artificial intelligence (AI) to enhance its market presence and service delivery in the GCC region. The firm has integrated AI across several key areas of its practice, including legal research, due diligence, and document management. By leveraging AI, JP Legal has significantly improved the efficiency and accuracy of its legal work, allowing its attorneys to access comprehensive legal information rapidly and conduct thorough due diligence in a fraction of the time it would take using traditional methods.Despite the significant role of AI in its operations, JP Legal emphasizes that technology is a tool to augment, not replace, human expertise. The firm's lawyers work in tandem with AI systems, using their judgment and experience to interpret and apply AI-generated insights. This symbiotic relationship between humans and AI allows JP Legal to offer a unique blend of technological efficiency and personalized service, ensuring that clients receive faster, more accurate legal work without sacrificing the nuanced understanding and strategic thinking that only human lawyers can provide.Leadership and Vision for the FutureUnder the visionary leadership of Managing Partner Anas El Jisr, JP Legal has grown exponentially, both in terms of its team and its market presence. The firm has recruited senior legal professionals from major regional and international firms, further strengthening its capabilities. This growth has positioned JP Legal as a formidable competitor to both regional and global law firms, particularly in cross-border transactions where JP Legal frequently represents major local Saudi conglomerates and multinational corporations.JP Legal's commitment to innovation and excellence is reflected in its ability to adapt to the rapidly evolving legal landscape. The firm continuously seeks to improve its methodologies and technologies, ensuring that it remains at the cutting edge of legal practice in the GCC region.JP Legal's success is built on a foundation of deep regional expertise, a client-centric approach, and a forward-thinking strategy that embraces the transformative potential of AI. By providing tailored legal solutions that meet the sophisticated needs of both emerging businesses and established corporations, JP Legal has cemented its reputation as a leading law firm in the GCC region. As the firm continues to grow and innovate, it remains dedicated to helping its clients navigate the complexities of the legal landscape, achieve their business objectives, and capitalize on the opportunities presented by Saudi Arabia's Vision 2030 initiative.About JP LegalJP Legal is a consultancy firm with a strong regional presence in the Kingdom of Saudi Arabia and the United Arab Emirates. Specializing in corporate and commercial laws and transactions, the firm serves a diverse clientele that includes small boutique firms and large multinational corporations. Contact informationCompany: JP Legal Contact: Hadi SabraEmail: hadi.s@j-plegal.comWebsite: https://www.j-plegal.com/02/09/2024 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
Sep 2, 2024

JP Legal Announces Major Milestones and Continued Expansion in the GCC Region

Riyadh, Saudi Arabia - September 02, 2024 - (SeaPRwire) - JP Legal, a leading law firm operating across the Gulf Cooperation Council (GCC), has established itself as a premier legal partner for both regional and international clients. With a deep understanding of the legal and cultural nuances of the GCC, particularly Saudi Arabia, JP Legal is at the forefront of advising multinationals companies on complex transactions, and on expanding their market presence, and executing high-value transactions.Acting for Major Clients Across the RegionJP Legal advised recently BLOMINVEST Saudi Perfume Fund on the acquisition of an 18% minority stake in Dkhoon AlEmiratia, a leading Saudi perfume company. Valued at over SAR 250 million, this transaction not only highlights the firm's expertise in managing complex mergers and acquisitions (M&A) but also underscores the growing importance of investing in Saudi companies as part of the Vision 2030 initiative. The transaction was handled by JP Legal's multidisciplinary team, led by Riyadh based Corporate/M&A Partner, Anas El Jisr.JP Legal has earned the trust of some of the region's most prominent corporations and brands, providing legal counsel to giants such as Al Rajhi Investment, Othaim Group, Elie Saab, and Anghami. The firm's work with Al Rajhi Investment and Othaim Group showcases its ability to handle large-scale, high-stakes transactions and legal matters that are critical to the growth and success of these leading entities in the Saudi market.In addition to advising these major clients, JP Legal has been instrumental in guiding Anghami, the leading music streaming service in the Middle East, on its business operations in Saudi Arabia and it's on securing proper Saudi approvals in parallel with its NASDAQ listing and merger with US Vistas Inc.Furthermore, JP Legal has supported Apotex Inc., a leading pharmaceutical company, in setting up their regional headquarters in Saudi Arabia and the global luxury fashion brands Elie Saab, and Natuzzi's exclusive distributor Furniture Solutions in establishing and expanding its retail footprint in the heart of Riyadh, further solidifying its presence in the Saudi market.Global Expertise with a Diverse Legal TeamJP Legal has diverse and highly qualified legal team, which includes lawyers admitted to practice in multiple jurisdictions. The firm recruits top legal talent from around the world, including UK-qualified solicitors, and attorneys licensed in Saudi Arabia, the UAE, Lebanon, Pakistan, Canada, France, and beyond. This extensive legal expertise allows JP Legal to provide exceptional service and comprehensive legal solutions tailored to the specific needs of its clients, whether they are navigating local regulations or engaging in complex cross-border transactions.Embracing AI to Revolutionize Legal ServicesIn an industry traditionally dominated by manual processes, JP Legal has embraced artificial intelligence (AI) to enhance its market presence and service delivery in the GCC region. The firm has integrated AI across several key areas of its practice, including legal research, due diligence, and document management. By leveraging AI, JP Legal has significantly improved the efficiency and accuracy of its legal work, allowing its attorneys to access comprehensive legal information rapidly and conduct thorough due diligence in a fraction of the time it would take using traditional methods.Despite the significant role of AI in its operations, JP Legal emphasizes that technology is a tool to augment, not replace, human expertise. The firm's lawyers work in tandem with AI systems, using their judgment and experience to interpret and apply AI-generated insights. This symbiotic relationship between humans and AI allows JP Legal to offer a unique blend of technological efficiency and personalized service, ensuring that clients receive faster, more accurate legal work without sacrificing the nuanced understanding and strategic thinking that only human lawyers can provide.Leadership and Vision for the FutureUnder the visionary leadership of Managing Partner Anas El Jisr, JP Legal has grown exponentially, both in terms of its team and its market presence. The firm has recruited senior legal professionals from major regional and international firms, further strengthening its capabilities. This growth has positioned JP Legal as a formidable competitor to both regional and global law firms, particularly in cross-border transactions where JP Legal frequently represents major local Saudi conglomerates and multinational corporations.JP Legal's commitment to innovation and excellence is reflected in its ability to adapt to the rapidly evolving legal landscape. The firm continuously seeks to improve its methodologies and technologies, ensuring that it remains at the cutting edge of legal practice in the GCC region.JP Legal's success is built on a foundation of deep regional expertise, a client-centric approach, and a forward-thinking strategy that embraces the transformative potential of AI. By providing tailored legal solutions that meet the sophisticated needs of both emerging businesses and established corporations, JP Legal has cemented its reputation as a leading law firm in the GCC region. As the firm continues to grow and innovate, it remains dedicated to helping its clients navigate the complexities of the legal landscape, achieve their business objectives, and capitalize on the opportunities presented by Saudi Arabia's Vision 2030 initiative.About JP LegalJP Legal is a consultancy firm with a strong regional presence in the Kingdom of Saudi Arabia and the United Arab Emirates. Specializing in corporate and commercial laws and transactions, the firm serves a diverse clientele that includes small boutique firms and large multinational corporations. Contact informationCompany: JP Legal Contact: Hadi SabraEmail: hadi.s@j-plegal.comWebsite: https://www.j-plegal.com/02/09/2024 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
Sep 2, 2024

High Growth, High Dividends, High Potential: China Hongqiao (01378.HK) Achieves Leapfrog Development in H1 2024

Recently, China Hongqiao (01378.HK), a global market leader in the aluminum industry, released a remarkable interim results announcement, attracting significant market attention.China Hongqiao has demonstrated accelerated development in the first half of 2024, various performance indicators of the company showed a substantial year-on-year growth, with figures increased far exceeding those announced during the positive profit alert released by the Group in June. In particular, the company’s profit has surged by over three times, setting a historic peak.Remarkable Growth in Financial Performance and DividendsIn the first half of the year, China Hongqiao achieved a revenue of RMB 73.592 billion, representing a 12.0% year-on-year increase. The net profit attributable to equity holders was RMB 9.155 billion, representing a significant increase of 272.66% year-on-year. The net profit excluding extraordinary profit and loss was RMB 10.77 billion, representing a substantial year-on-year increase of 352.68%. Basic earnings per share increased by approximately 273.0% year-on-year to RMB 0.966.In addition to the growth in revenue and net profit, China Hongqiao also saw a significant increase in gross profit and gross profit margin. In the first half of the year, the company's gross profit increased by approximately 202.1% year-on-year to RMB 17.802 billion, while the overall gross margin was about 24.2%, showing a significant increase of 15.2 percentage points compared to 9.0% in the same period last year.China Hongqiao’s rapid performance growth is driven by both increased product volume and prices, alongside a reduction in cost of key raw materials. "The average selling prices of the Group's aluminum alloy products and alumina products increased compared to the same period in 2023, at the same time, the increase in sales volume and the reduction in purchase prices of key raw materials such as coal and anode carbon blocks were also the favorable factors, thus the Group's gross profit saw a significant increase compared to the same period in 2023," said Mr. Zhang Bo, Chairman of the Board of China Hongqiao.The rising demand in the aluminum industry also contributed to the improvement in China Hongqiao's performance. As inflation continues to moderate globally, and major central banks contemplating potential rate cuts, better than expected improvements in economic performances for major countries are observed, with key growth indicators exhibiting an upward trend. In the context of a slow economic recovery, there are renewed expectations for increased demand for metals like copper and aluminum, driven by industries such as photovoltaics and electric vehicles. Additionally, the supply capacity for certain types of ore and smelting process is experiencing a periodic weaknesses, leading to a significant overall increase in the prices of non-ferrous metals, including aluminum, in the second quarter of 2024.According to Guosheng Securities, with the completion of China Hongqiao’s relocation on electrolytic aluminum production to Yunnan Province, the production cost of electrolytic aluminum is expected to reduce further. Meanwhile, aluminum prices are expected to remain high due to rigid domestic supply and the post-interest rate hike cycle. The increase in both prices and sales volume is foreseen under the expectation of the US Federal Reserve’s rate cuts and increased use of aluminium in green energy applications. All these positive factors further enhance the company’s performance elasticity.As profits surges, China Hongqiao also highly focused on delivering strong returns to its shareholders, China Hongqiao also places great emphasis on shareholders’ returns and continues to increase its dividend payout ratio. In the first half of the year, the company declared a dividend of HKD 0.59 per share, showing a year-on-year increase of 73.5%, with a dividend yield of approximately 5.72% and a payout ratio of 56%. The company's average dividend payout ratio has consistently ranked among the top tier within the industry, providing a stronger secured margin to its shareholders since it became a listed company in HKEX from 2011.Moreover, China Hongqiao currently has a strong cash flow. As at June 30, 2024, the company held approximately RMB 37.502 billion in cash and cash equivalents, which also helps ensuring the stability and flexibility of its business operations.Integrated Industry Chain Highlights Advantages with Strong Momentum for Performance GrowthThe significant growth in China Hongqiao's performance is not only a result of the overall improvement in industry demand but also the outcome of the company's commitment to building an integrated industry chain and continuously enhancing its internal innovation capabilities.Chairman of the Board Mr. Zhang Bo highlighted that the company is currently at a critical stage of transforming and upgrading from traditional industries, developing and expanding emerging industries, and exploring future industry layouts. During this period, China Hongqiao continued to cement its presence in the aluminum industry, further strengthening its full industry chain from bauxite, alumina, primary aluminum, aluminum deep processing, to recycled aluminum. The company has continuously deepened the conversion of new and old growth drivers, leveraging new technologies to empower sustainable development, and consistently increasing the role of “Green” in business growth.As China Hongqiao continues to enhance its industrial chain, it is also proactively expanding into international markets. The company is currently cooperating with countries and regions such as India, Europe, Malaysia, North America, and other Southeast Asian regions.The key materials for electrolytic aluminum production are alumina, electricity, and prebaked anodes. China Hongqiao has made arrangements for bauxite resources in Guinea and Indonesia while expanding its sources of raw materials from Australian bauxite, this ensures the diversification of raw material supply to reduce exposures to raw material risks.As at March 2024, China Hongqiao's project in Guinea has maintained an annualized production capacity of approximately 50 million tonnes of bauxite, with a total alumina production capacity of 19.5 million tonnes per year (including 17.5 million tonnes per year of domestic alumina production capacity and 2 million tonnes per year of Indonesian alumina production capacity). The company has become fully self-sufficient in alumina, highlighting its advantages through all-round integration.Currently, China Hongqiao's total electrolytic aluminum production capacity has reached 6.46 million tonnes per year, and the company plans to relocate a total of 3.96 million tonbes per year of capacity to Yunnan, which is expected to further reduce the overall electricity costs of the company's total production capacity.While China Hongqiao previously relied primarily on coal-fired power for its energy consumption, in response to national policies and with the support of the Yunnan government, the company has relocated part of its capacity to Yunnan to fully utilize the local hydropower advantages. Additionally, the company is vigorously investing in clean energy projects such as photovoltaics in both Yunnan and Shandong, increasing the proportion of clean energy.China Hongqiao continues to build itself as a global market leader in the integrated aluminum industry chain, with industry chain advantages bringing cost advantages to the company. At the same time, the company's capacity relocation actively adapts to the on-going low-carbon development trends. Along with the company's internal initiatives to enhance both the quality and the efficiency, and external efforts to expand international markets, China Hongqiao is further unleashing its strong development momentum and continuously unlocking its potential for significant performance growth.02/09/2024 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
Sep 2, 2024

Huitongda Network (9878.HK): Further Upgrading in Supply Chain Capacity Opens A New Chapter of Growth

Huitongda Network Co., Ltd. (9878. HK) released its 2024 interim report on August 28th. Data shows that the Group achieved a revenue of 32.86 billion yuan in the first half of the year, a net profit attributable to the parent company of 130 million yuan, and a stable positive inflow of operating cash flow of nearly 249 million yuan. Amidst the slow global economic recovery and domestic macroeconomic fluctuations, the Group has adjusted its development strategy to enhance the quality and depth of the business, manifesting its robust and high-value development strategy.It is not difficult to find far-reaching growth logic and strategic value behind the in-depth analysis of financial report data: the Group is gradually unlocking new growth potential and building a more solid foundation for sustainable development in the future by relying on its profound accumulation and forward-looking layout in continuous innovation of industrial models and deep market cultivation.Building An Independent & Controllable Supply Chain to Lead the New Trend of Industrial UpgradingIn the first half of the year, Huitongda Network made "ensuring stable growth with high quality to innovate for a better future" its core principle on work for the year, and achieved significant results in vigorously promoting the transformation and upgrading of its business. Its supply chain capability has steadily increased, driving the continuous improvement of the company's operating quality with the gross profit margin up by 0.5 percentage points year-on-year, demonstrating the effective enhancement of the company's profitabilitySpecifically, the Group deepened cooperation with top brands in various industries, including Gree, Midea, and AUX in the home appliance industry, new with Siemens and OUTES; Apple in the consumer electronics industry, followed by the upgrading of 1464 O2O stores in towns and villages; BYD, NETA, and SAIC Group in the vehicles and auto parts merchandise industry; VOGELY, Newoasis Wood Floor, etc. in the homebuilding and renovation materials industry; Unilever and others in the cleaning chemicals industry.This not only solidified the company's position in traditional advantageous areas, but also further enriched its product line and service scope. Compared with other competitors in the market, the Group focuses on six major categories: consumer electronics, household appliances, agricultural means of production, vehicles and auto parts merchandise, homebuilding and renovation materials, and liquor and beverages and is one of the few top service providers that covers large durable goods with a wide range of categories. At present, the Group has established cooperation with over a thousand high-quality brand owners and manufacturers. With the further enhancement of supply chain capabilities, the combination of collective purchasing and marketing models with abundant downstream resources is expected to further strengthen its upstream bargaining power and consolidate procurement costs advantages.Moreover, the Group expanded its cooperation with resource-based enterprises, such as Ningxia Lanfeng Fine Chemical Co., Ltd. in the agriculture means of production industry; Hainan Agricultural Reclamation Investment Holding Group Co., Ltd. and Xiayi Jinzhan Wood Industry Co., Ltd. in the homebuilding and renovation materials industry. Meanwhile, the Group further deepened cooperation with regional retail enterprises, such as GOME in Northeast China in the home appliance industry. It also entered into strategic cooperation with provincial-level supply and marketing cooperatives in places such as Chongqing, Jiangsu, and Anhui in the agricultural means of production industry, promoting fertilizer-grain integration to support the positive interplay between domestic circulation and international circulation of agricultural means of production.The Group also actively opened up cooperation with its own brands and resource-based enterprises. In respect of its own brand, the Group has made significant breakthroughs. Its self-designed brand "IDISSA" air conditioner has achieved mass production, with an order volume of over 16000 sets within two weeks of its launch; In the agricultural means of production industry, the Group has established independent and controllable production processes and operational management capabilities by launching the "Acephate" integrated production and marketing project. Through the construction of its own brand and the promotion of integrated production and marketing business, the Group has achieved the implementation of the B2F model of determining the procurement based on demand, the advancement based on demand and production based on demand, greatly improving the efficiency of the entire supply chain in urban and rural areas.Faced with new changes in the low-tier industry, the Group also built on new industries and categories on the basis of deepening its existing businesses. In the cleaning chemicals daily necessities sector, the Group is simultaneously expanding into high gross profit categories such as personal care, home cleaning, and beauty to further enhance the gross profit level and input-output efficiency; In the new energy sector, the Group has laid out the photovoltaic track and jointly built a distributed green energy industry platform with leading enterprises in the industry.With the increasing demand for operational efficiency and precise customer acquisition among merchants in the lower-tier retail market, ToB services are expected to further grow in the future. According to estimates from Frost & Sullivan and LeadLeo Research Institute, its market size is expected to reach 9.4 trillion yuan by 2027. It can be foreseen that the layout of these new industries and categories bears new growth points to the Group, and the potential to further enhance its gross profit level and market competitiveness.Member Service Capability Continues to Strengthen, Digital Construction AcceleratesHuitongda Network has always regarded empowering and serving family-run retail stores in towns and villages as its basic business. The Group continuously improved its the capacity for serving members, and enhanced the stickiness and profitability of member stores. There are about 6.3 million couple stores nationwide, of which 75% are located in lower-tier markets. As a key component of the low-tier market, family-run retail stores demonstrate flexibility, adaptability, and strong vitality due to their small business scale and low cost investment.With rich experience and market insight, operators have established deep community emotional connections and loyal customer groups, which are important supports for store operation and the power of word-of-mouth communication. In a social environment with strong human touch, family-run retail stores not only provide commodity transactions, but also become places for community residents to communicate and express emotions. They have an irreplaceable position in the low-tier market and serve as the terminal for commodity circulation and the link for community cultural preservation and emotional connection.Therefore, for industrial Internet platforms such as Huitongda Network, in-depth understanding and empowering family-run retail stores is the key to expanding the low-tier market, improving the efficiency of the supply chain, building industrial ecology and promoting the integrated development of urban and rural areas. By providing digital tools, supply chain resources, marketing training, and other support, the Group helped family-run retail stores transform and upgrade, improved operational efficiency and profitability, and explored vast opportunities in the low-tier market.Data shows that in the first half of 2024, the Group's service business revenue increased by 12.0% year-on-year, SaaS+ subscription users increased by 5.1% year-on-year, paid SaaS+ users increased by 28.8% year-on-year, and store SaaS+ subscription revenue increased by 13.6% year-on-year. The growth of these data not only reflected a significant improvement in the Group's capacity for serving members, but also highlighted the enormous potential of the retail industry in the lower-tier market.To further improve the operational efficiency of member stores, the Group has developed and upgraded its system tools with a focus on "hot products+AI", and adhered to going deep into the front line to organize high-frequency and effective training and activities. At the same time, the Group continued to promote key customer service, expanded the network and coverage of member stores, providing better products, tools, marketing, training, and data empowerment for member stores.In respect of digital construction, the Group has always been at the forefront of the industry in building an industrial trading platform to help brand manufacturers reach the low-tier market, and deeply applying AI technology to optimize service efficiency.By launching functions such as "digital human livestreaming studio" and "multi-level marketing", the Group gradually opened up platform warehousing and logistics services to merchants, and cooperates with "production and marketing integration" to build an online order collection and production scheduling system. The application of these digital tools improved the operational efficiency of the company, and also brought more convenience and revenue to the member stores.In SummaryAdmist the current market environment where the omnichannel transformation wave of online and offline integration sweeping the retail industry in the low-tier market, Huitongda Network is proactively adapting to this trend and seizing unprecedented development opportunities by virtue of its unique supply chain integration, robust capacity for serving members, and forward-looking layout of digital construction. Through deepening strategic partnerships with leading brands in various industries, the Group has not only consolidated its existing market position, but also boldly explored new industries and categories, and successfully launched its own brand business. This series of measures significantly enhances its market competitiveness and lays a solid foundation for its long-term development.The sustained business innovation capability demonstrated by the Group is the key to its continuous progress in the market environment. This innovation capability is both reflected in the optimization and upgrading of existing businesses, and in the ability to keep a closer eyes on market change and timely capture emerging opportunities for continuous business model innovation to comply with market development.Looking ahead, the Group will stay true to its original aspiration and continue to focus on the three core strategic directions of supply chain optimization, member store empowerment, and digital upgrading, to further deepen industrial upgrading and digital transformation. On the path towards high-quality development, the Group is steadily forging ahead with richer returns for shareholders and better service experiences for customers, and advancing toward a great future.30/08/2024 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
Aug 30, 2024

Airdoc Technology 2024 Interim Results: Solid Growth in Revenue and Gross Profit

On August 28, Airdoc Technology (2251.HK) announced its 2024 interim results, demonstrating continued solid growth.In the first half of 2024, Airdoc Technology achieved revenue of RMB93.71 million, a year-on-year increase of 13.6%. Gross profit reached RMB53.76 million, with a gross profit margin of 57.4%. The Company achieved steady growth in both revenue and gross profit, further consolidating its leading position in the industry.As a global leader and pioneer in the field of retinal imaging AI technology, the Company has further enhanced the coverage and effectiveness of its health management services by continuously promoting the in-depth application of AI technology during the reporting period.Diversified strategies yield results, business growth accelerates steadilyThe Company has focused on its core business to achieve sustainable growth while promoting its diversified strategies. During the reporting period,the company's business covered three major segments: Airdoc Medical, Airdoc Health, and Airdoc Eye Health. Airdoc Medical and Airdoc Eye Health achieved revenue growth of 22.1% and 22.7% respectively.The significant increase in the number of customers and service sites has driven the expansion of the overall business. In the first half of the year, the number of customers increased to 418 and the number of active service sites increased to 5,950, representing a 78.63% increase year-on-year. The Company served 2.96 million people through its SaMD and health risk assessment solutions, identifying 15,842 significant positive cases, with a cumulative total of more than 70,000 significant positive cases identified, making a significant contribution to the early detection and treatment of major diseases.The Company has further enhanced the accessibility of healthcare services through the widespread application of Airdoc-AIFUNDUS (1.0). The number of active service sites covered in hospitals reached 244, reflecting a year-on-year increase of 70.6%, while the number of active service sites covered in primary care organizations reached 1,533, a year-on-year increase of 192.0%. The number of tests has grew significantly in both hospitals and primary care organizations. In addition, the Company deployed AI solutions in more than 296 medical check-up centers nationwide, and the reorder rate of software products in some medical check-up centers exceeded 50%.Global market expansion is also accelerating at the same time. After obtaining market access in the CE27 countries of the European Union, the company’s products have entered markets such as Malaysia, Singapore, Thailand, the United Arab Emirates and South Africa, and the revenue of international business has increased by 17% year-on-year.AI technology breakthroughs, intelligent upgrade of visual trainingDriving the company’s growth are the continuous iteration and upgrading of products, along with investment in research, which act as dual engines. Ensuring long-term competitiveness and meeting the increasingly complex and diversified needs of our customers are the necessary safeguards for success. These include, but are not limited to, the postoperative refractive error prediction method developed by the Company in collaboration with the Eye, Ear, Nose and Throat Hospital of Fudan University, which has been published in the Journal of Cataract and Refractive Surgery (JCRS), providing ophthalmologists with a more reliable clinical reference.A semi-supervised deep learning model developed in collaboration with Xinhua Hospital, Shanghai Jiao Tong University School of Medicine, has also achieved remarkable results and was published in iScience, a sub-journal of Cell. The model significantly reduces the cost of data labeling while maintaining excellent classification results, providing a new solution for clinical applications.During the reporting period, the Company also successfully developed AI eye movement technology based on ordinary RGB cameras and integrated it into its vision training AI products, forming a unique AI vision training digital therapy. The upgraded version of the vision training AI products added AI eye movement and AI training guidance functions, and launched the AI VisionBox for the optometry market.In addition, the AIFUNDUS-M multimodal fundus camera has completed its development and registration, and its hardware, software, algorithms and solutions have been fully upgraded. Meanwhile, the Company is actively advancing the research and development of non-invasive phototherapy device to continuously expand its product line.Firm commitment to advancing technology and integrated diagnostics for public benefitAirdoc Technology understands that corporate excellence also stems from the deep practice and relentless pursuit of social responsibility. Therefore, the company actively participates in public welfare programs, such as the large-scale chronic disease screening program in Yangchun City, Guangdong Province, which provides free chronic disease screening services for 10,000 citizens. Additionally, the company assists the laboratory sponsored by BGI in conducting risk monitoring for high-altitude sickness. During the reporting period, Airdoc's public welfare covered about 100,000 people.Looking ahead, Airdoc Medical Technology will continue to deepen the application of AI technology in the field of medical and healthcare, and promote the wide application of General Artificial Intelligence (AGI) in assisted diagnosis, disease detection and personalized medical advice, further optimize its product portfolio, continue to expand its market channels, and enhance its global market coverage by strengthening its technological research and development and production capabilities. With the improvement of the laboratory in Changsha manufacturing base, the Company will maintain its competitive advantages in the areas of AI-based myopia prevention and control products for fundus retina, myopia prevention and control products and vision training AI products.Airdoc Technology is firmly promoting the strategy of integrated diagnosis and treatment from detection to diagnosis, driving the comprehensive upgrade of the AI health industry, creating greater value and possibilities for society, and committed to the mission of making healthcare accessible and affordable for everyone.30/08/2024 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
Aug 30, 2024
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