EQS Newswire / 27/03/2025 / 22:30 UTC+8 Record-Breaking Revenue of HK$553.0M and Net Profit of HK$82.8M First-ever Dividend was HK$0.277 Cents Per Share Strengthening Presence in Osteoporosis, Ophthalmology, and Aesthetic Medical Markets (27 March 2024 – Hong Kong) A fully integrated biopharmaceutical company – Uni-Bio Science Group Limited (“Uni-Bio Science”, together with its subsidiaries referred to as the “Group”, stock code: 0690.HK), is pleased to announce its annual results for the year ended 31 December 2024 (the “Period”). Key Accomplishments in 2024 During the Year, the Group achieved a spectrum of accomplishments, for both of its marketed products and innovative biologics. The key highlights include: The Group recorded a 14.1% year-on-year (“YoY”) increase in revenue, reaching approximately HK$553.0 million. With its approval in January 2024 and subsequent launch in March 2024, Bogutai® achieved sales of HK$62.9 million, exceeding initial expectations. Profit for the Year soared by16.8% YoY to approximately HK$82.8 million, marking a historic high. These results reaffirm the Group’s solid market position and its ability to deliver sustainable, high-quality growth as a leading biopharmaceutical company. The board of directors (“Board”) has declared a dividend payment for 2024 of HK$0.277 cents per share, marking the historic first for the Company. This is particularly encouraging, as it represents an important milestone for a research-oriented biopharmaceutical company. The Board is also pleased to announce the approval and adoption of a dividend payout policy of no less than 20% of its net profit for the current year. In January 2024, the China National Medical Products Administration (“NMPA”) officially approved the launch of Bogutai®, marking a major breakthrough for the Group in osteoporosis and orthopedic disease management. Since its market debut in early 2024, Bogutai® has gained remarkable traction, achieving a patient retention rate exceeding 70%. In December 2024, the Group successful launch its self-developed medical aesthetics product, 肌顏態®. The recombinant collagen dressing, developed in collaboration with Chongqing Minji Medical Device Co., Ltd., received Class II medical device approval, reinforcing the Group’s commitment to innovative skin repair solutions. In January 2024, the NMPA officially accepted the marketing application for Diquafosol Sodium eye drops, marking a key milestone in the Group’s ophthalmology drug pipeline. During the Year, the Group has already submitted additional data to the Center for Drug Evaluation (CDE). Diquafosol Sodium is expected to receive the marketing approval in the first half of 2025. During the Year, the Group completed the pharmaceutical research and pre-Bioequivalence studies of Esaconazole sulfoate capsules. The formal Bioequivalence trials has been initiated in 2025 to accelerate the launch process. In May 2024, the Group cooperated with Great Bay Bio (GBB) and Pebble Accelerator, a subsidiary of Tigermed to joint development of innovative weight reduction drugs, aiming to revolutionize the treatment of obesity. Through this collaboration, we seek to establish a comprehensive ecological industry chain, spanning from target discovery to antibody generation, druggability verification, process development, clinical pipeline, and ultimately, commercialization. Annual Results In 2024, the Group recorded a revenue of approximately HK$553.0 million, representing an increase of 14.1% YoY. The increase in revenue was mainly attributable to the favorable sales performance of the Group’s newly launched product Bogutai®. The Group’s newly launched product Bogutai® achieved sales of HK$62.9 million, exceeding initial expectations. Pinup® recorded a decrease of 2.9% in revenue from approximately HK$247.4 million to approximately HK$240.3 million for the Year. During the Year, the Group was re-selected for the centralized procurement, with a validity period of two years. However, the Group adopted a more selective approach to supplying hospitals in response to certain local policy adjustments. During the Year, revenue generated from GeneTime® was approximately HK$197.9 million, representing an increase of 6.7% YoY. The increase was attributed to the expansion of the Group’s hospital network and additional sales channels beyond hospitals, such as pharmacies and e-commerce platforms. GeneSoft® recorded an increase in revenue from approximately HK$41.3 million to approximately HK$42.5 million, representing an increase of 2.9% YoY. Revenue from Boshutai® declined from approximately HK$10.4 million to approximately HK$9.4 million, representing a decrease of 10.2%. During the Year, Boshutai® was successfully included in the centralized procurement by the Henan Seventeen Provinces Alliance and the procurement validity period is set for two years, which secured the Group with new in-hospital orders. Gross profit was approximately HK$461.1 million, representing an increase of 17.4% as compared with approximately HK$392.8 million in 2023, and gross profit margin increased by 2.4 percentage points YoY to 83.4%. The Group has optimized its supply chain to enhance raw material procurement competitiveness, improve scaling efficiency, and reduce procurement and production costs, achieving greater economies of scale. Thanks to the Group’s diligent internal control, general and administrative expenses accounted for merely 9.2% of revenue in 2024 as compared with 9.8% in 2023. The selling and distribution expenses for the Year also decreased to 47.3% of revenue from 49.8% in 2023, mainly due to the marketing expenses decreased. The R&D expenses increased by47% YoY to approximately HK$52.3 million, aligning with the Group’s multi-pipeline research progress. The Group achieved another year of record-breaking profit of approximately HK$82.8 million for the Year, marking an impressive increase of 16.8% YoY. This remarkable achievement was fueled by the successfully launch of the new product Bogutai®, along with the consistent demand for other marketed drugs, stringent cost management, and ongoing supply chain enhancements. This sustained profitability strengthened the Group’s foundation for long-term success in the years ahead. Prospects Recent advancements in biotechnology, coupled with strong government support, position China's pharmaceutical landscape for substantial growth, with a projected compound annual growth rate (CAGR) of 7.5% from 2024 to 2032, according to the IMARC Group. This expansion is driven by technological innovations and a growing elderly population increasingly susceptible to chronic conditions such as diabetes, which boosts pharmaceutical demand. Concurrently, the aesthetic medical sector is emerging as a significant market force, with forecasts indicating a CAGR of 10% to 15% from 2024 to 2027, primarily fueled by rising beauty standards and increased spending among individuals with moderate to high incomes. With the two industries being the Group’s core R&D focuses going forward, it showcases a great potential for the Group to rapidly grow and capture the market shares. Mr. Kingsley Leung, Chairman of Uni-Bio Science commented, “I am proud to announce that we have reached significant milestones this year, both financially and operationally. As our efforts begin to bear fruit, I am deeply grateful for the unwavering, long-term support of our shareholders. In recognition of this, I am delighted to share two landmark decisions: the declaration of our inaugural dividend and the establishment of a forward-looking dividend payout policy of no less than 20% of its net profit for the current year. These actions reaffirm our steadfast commitment to delivering on our objectives while creating and sustaining value for our shareholders. Looking forward, we remain steadfast in our commitment to innovation and seizing opportunities within both the pharmaceutical and aesthetic medical sectors. Our vision has consistently focused on diversifying our product offerings while leveraging our strengths in endocrinology, ophthalmology, and dermatology. We are delighted to announce the successful launch of Bogutai® Following this milestone, we will continue to develop best-in-class products, including a PTH microneedle formulation that is less invasive and offers higher bioavailability, as well as a novel antibody drug for weight loss. Significant advancements have also been made in our series of EGF products. Preparations for pilot plant testing of the EGF hydrogel are underway, and Diquafosol Sodium Eye Drop slated for launch in the second quarter of 2025. Additionally, The formal Bioequivalence trials for Esaconazole sulfoate capsules has been initiated in 2025 to accelerate the launch process. In the aesthetic medical segment, we are excited about the launch of肌顏態® in late December 2024. Building on this momentum, we will accelerate the introduction of other new product lines in 2025 based on Skbrella™ FN. Additionally, we plan to introduce collagen and beauty peptides as advanced skincare raw materials this year. By leveraging our expertise in GeneTime® and 肌顏態®, we aim to create a comprehensive skincare solution for emergency skin repair and stabilization. To foster our product innovation, we are utilizing two new key technology platforms: advanced synthetic biology platform and hydrogel technology. These platforms are expected to drive our product expansion. To enhance our reach and support product launches, we are expanding our sales channels beyond traditional public and private hospital networks to include pharmacies, online platforms, and aesthetic medical institutions. We are also exploring international markets to bolster our global presence. By adopting a diversified distribution strategy, the Group aims to secure future sales growth while reducing its dependence on regional markets and traditional channels. In support of our company's growth, the infrastructure for our new factory in Dongguan was fully completed in 2024, marking a significant milestone in our expansion plans. A state-of-the-art BFS packaging line has also been featured, which we believe will enable the Group to command a premium in the market. With these strategic focuses and our commitment to rapid advancement, the Group is well-positioned to solidify its leadership in these dynamic industries and achieve lasting success in the years ahead.” About Uni-Bio Science Group Limited Uni-Bio Science Group Limited is principally engaged in the research and development, manufacture and sales of pharmaceutical products. The research and development center is fully equipped with a complete system for the development of genetically-engineered products with a pilot plant test base which is in line with NMPA requirements. The Group also has three GMP manufacturing bases in Beijing, Dongguan and Shenzhen. The Group also has a highly efficient commercialization platform and marketing network. The Group focuses on the development of novel treatments and innovative drugs addressing the therapeutic areas of endocrine such as diabetes and osteoporosis, ophthalmology and dermatology. Uni-Bio Science Group Limited was listed on the Main Board of the Hong Kong Stock Exchange on November 12, 2001. Stock code: 0690. For further information, please contact: ir@uni-bioscience.com 27/03/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Kristof Schöffling at Move Digital Nangunguna sa Global na Pagbabago ng Teknolohiya sa 2025 sa pamamagitan ng mga Pagkatalo sa AI, Blockchain, at Robotics
Mahe, Seychelles - March 27, 2025 - (SeaPRwire) - Ang Move Digital Limited, na pinamumunuan ng tech entrepreneur at strategist na si Kristof Schöffling, ay naglunsad ng isang ambisyosong roadmap para sa 2025, pinapalakas ang posisyon nito bilang isang global na lider sa inobasyon sa artipisyal na intelihensiya (AI), blockchain, at robotics. Sa mga operasyon sa Monaco, Thailand, Tokyo, Sydney, at Hong Kong, tinutupad ng Move Digital ang misyon nitong isama ang advanced na teknolohiya sa pang-araw-araw na buhay - bago pa man ito tanggapin ng nakararami. Isang Bisyon para sa 2025 Batay sa Patunay na Pagpapatupad Si Kristof Schöffling, isang serial entrepreneur na may higit sa 15 taon ng karanasan at ilang matagumpay na paglabas sa industriya ng teknolohiya, ay nagtatag ng reputasyon para sa pagkilala sa mga transformational na trend bago pa ito maging isang global na kilusan. Sa ilalim ng kanyang pamumuno, ang Move Digital ay naging isang kilalang kumpanya mula sa pagiging isang blockchain innovator, nag-aalok ng mga AI-powered consumer applications, elite na konsultasyon para sa mga family office, at cutting-edge robotics manufacturing. “Ang artipisyal na intelihensiya ay hindi dapat maging isang konsepto na nakakulong lamang sa mga boardroom o laboratoryo,” sabi ni Schöffling. “Ang misyon namin sa Move Digital ay dalhin ang mga intelligent na solusyon sa pang-araw-araw na buhay, na nagbibigay ng kaginhawaan, kalayaan, at kahusayan para sa lahat ng demograpiko.” AI para sa Real World Ang AI division ng Move Digital ay kasalukuyang naglulunsad ng mga globally distributed na aplikasyon na nagpapasimple sa mga pang-araw-araw na gawain, nagpapataas ng produktibidad, at pinapabuti ang karanasan ng gumagamit sa iba’t ibang demograpiko. Ang mga solusyon na ito ay idinisenyo upang gawing mas maliwanag ang kahalagahan ng AI at gawing konkretong halaga ito para sa mga negosyo, sambahayan, at mga institusyon. Strategic Consulting para sa Family Offices at Global Investors Sa pagtaas ng pangangailangan para sa mga pinagkakatiwalaang tech advisers, pinalawak ni Schöffling ang operasyon ng Move Digital sa strategic consulting para sa mga family offices at high-net-worth individuals. Ang kumpanya ngayon ay nakikipagtulungan sa mga legacy investors sa mga financial capitals tulad ng Monaco, Tokyo, Bangkok, at Hong Kong - tinutulungan silang mag-navigate sa AI strategy, digital transformation, at blockchain innovation. “Ang AI ay hindi na isang lugar lamang para sa mga tech firms. Isa itong pangunahing asset sa ekonomiya,” sabi ni Schöffling. “Kung ikaw man ay nangangasiwa ng global portfolio o nagpapatakbo ng isang legacy business, ang pagsasama ng AI ay ngayon isang usapin ng pagiging competitive.” Robotics: Ang Susunod na Hangganan ng Move Digital Sa 2025, papasok ang Move Digital sa larangan ng robotics na may mga pasilidad ng produksiyon na binubuo sa Vietnam at China. Ang mga pasilidad na ito ay magbibigay ng mga intelligent na robot para sa mga sambahayan na pinapalakas ng modular AI systems at konektadong digital infrastructure. Ayon sa mga forecast, ang global robotics market ay inaasahang lalago mula $46 bilyon sa 2024 hanggang mahigit $169 bilyon sa 2032. Layunin ng Move Digital na manguna sa paglago na ito sa pamamagitan ng mga makabago at inovative na produkto na nagdadala ng automation sa mga pribadong tahanan at nagpapabuti sa kalidad ng pang-araw-araw na buhay. Pagsasangkot sa Sektor ng Publiko at Inobasyon Bilang karagdagan sa kanyang tagumpay sa pribadong sektor, may mahalagang papel si Kristof Schöffling sa pagbibigay ng mga payo sa mga gobyerno tungkol sa pag-aampon ng mga umuusbong na teknolohiya. Bilang Trade Commissioner ng Vanuatu sa Thailand, siya ay nagsusulong ng mga inisyatibo hinggil sa blockchain strategy at CBDC implementation - pinagsasama ang mga layunin ng sektor publiko at pribado para sa isang teknolohiyang pinangunahan na hinaharap. Tungkol kay Kristof Schöffling Si Kristof Schöffling ay isang kilalang lider sa teknolohiya, kilala sa kanyang maagang pag-aampon ng blockchain, AI, at mga decentralized system. Sa kanyang estratehikong presensya sa Monaco, Thailand, at sa buong rehiyon ng Asia-Pacific, si Schöffling ay kinikilala sa buong mundo para sa kanyang kakayahan na gawing mga high-impact na solusyon ang mga emerging technologies. Kung hinanap bilang Kristof Schöffling, Kristof Schoffling, o Kristof Schoeffling, ang kanyang mga gawa ay patuloy na ranggo sa mga pinaka-kaugnay at may pananaw sa hinaharap na inobasyon sa teknolohiya. Tungkol sa Move Digital Limited Ang Move Digital Limited ay isang global na kumpanya sa teknolohiya na nagbibigay ng AI-powered applications, high-end na konsultasyon para sa mga family offices, at paggawa ng robotics na nakatuon sa automation ng mga tahanan. Sa isang bisyon upang gawing accessible ang mga advanced na teknolohiya, patuloy na binabago ng Move Digital ang intersection ng teknolohiya at praktikal na gamit sa tunay na mundo. Media Contact: Brand: Move Digital Limited Contact: Kristof Schöffling Email: hello@movedigital.io Website: https://movedigital.com
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HKTDC Export Confidence Index 1Q25
HONG KONG, Mar 26, 2025 - (ACN Newswire via SeaPRwire.com) - The findings of the 1Q25 HKTDC Export Confidence Index showed confidence among Hong Kong exporters has risen moderately, despite the sizable tariff hikes imposed by the US on its trading partners around the world.In specific terms, the Current Performance Index (a measure of actual performance for the quarter in question) rose by 1.8 points to 52.1. Equally reassuringly, the Expectation Index (a measure of confidence in likely performance in the coming quarter) was up by 1.0 points to 51.0. Both readings were above the watermark level of 50, which can be taken as confirming general optimism with regard to future export prospects.Given the likely impact of the series of higher tariffs imposed by the US in the last two months, the HKTDC has slightly adjusted its 2025 Hong Kong export growth forecast from 4% to 3%. There remains a downside risk to the forecast given the uncertainty over any future escalation in global trade tension.Commenting on the revised forecast and the 1Q25 findings, Irina Fan, Director of HKTDC Research, said: “It’s a testament to the resilience of Hong Kong’s export sector that growth is still indicated. While export business may be growing at a moderately slower rate than had been initially anticipated, there are still many reasons to be optimistic.”“This is partly down to the agility and flexibility many Hong Kong exporters have demonstrated in terms of strategies for future-proofing their business activities.”From the findings of the 1Q25 survey, it is clear a range of strategies, including diversifying sourcing, expanding into new markets and the relocation of production lines, have been very much front-of-mind for many of Hong Kong’s export-oriented businesses. These moves, it is believed, will help enterprises mitigate the adverse effects of any current or future protectionist measures.Overall, despite a more challenging global trade backdrop, it was encouraging to note the majority of survey respondents (75.4%) remained confident their 2025 net profit margins would either rise or remain stable. This was notably higher than the 72.1% of respondents expressing the same sentiment in 4Q24, while also being the highest such figure for 12 months.In terms of market prospects, uncertainties over its trading stance have inevitably clouded the general views of the US. Tellingly, the Current Performance figure for the country was 47.8, with its 3.1 point quarter-on-quarter decline taking it below the watermark level of 50 for the first time in 12 months.Exporter sentiment, however, remained largely positive when looking beyond the US market, particularly with reference to Mainland China, the EU and the ASEAN bloc. In all, the Current Performance Index reading for Mainland China was up 6.7 points to 59.0 (compared to 4Q24) while the comparable finding for the EU was up 3.8 points to 50.1. The reading for the ASEAN bloc (56.4), meanwhile, remained solidly in expansionary territory.Nicholas Fu, Senior Economist, said “A similar pattern was in evidence in the case of the Expectation Index. This saw Mainland China up 3.0 points to 55.7, followed by the ASEAN bloc (53.0) and the EU (52.7). The US was again down, falling by 4.3 points to hit a one-year low of 46.7.”In terms of more general findings, Jewellery (at 53.1 points) was the most upbeat industry sector with regard to 1Q25 Current Performance, followed by Electronics (52.3) and Timepieces (51.2). In terms of Expectation, Jewellery (54.4), Equipment/Materials (52.6) and Timepiece (51.1) exporters were most optimistic as to their likely future performance.AppendixThe HKTDC Export Confidence Index has been designed to provide a comprehensive overview of Hong Kong exporter sentiment. It comprises two primary / overall indices, one of which gauges the Current Performance with regard to the surveyed quarter, while the other considers Expectation for the upcoming quarter. The findings of both indices are based on a weighted average of five sub-indices – Sales and New Orders, Trade Value, Cost, Procurement, and Inventory.Full details of the methodology / definitions relating to the HKTDC Export Confidence Index can be found in the Appendix section of the full quarterly report.ReferencesHKTDC Export Confidence Index 1Q25: Export Confidence Improves Despite Growing Trade TensionsHKTDC Research websitePhoto download: bit.ly/3QMQHmUHKTDC Director of Research Irina Fan (left) and Senior Economist Nicholas Fu (right) announced the HKTDC Export Confidence Index for the first quarter of 2025 at a press conference todayHKTDC Director of Research Irina FanHKTDC Senior Economist Nicholas FuMedia enquiriesPlease contact the HKTDC’s Communication and Public Affairs Department:Fraser LiAgnes WatTel: (852) 2584 4369Tel: (852) 2584 4554Email: fraser.li@hktdc.orgEmail: agnes.ky.wat@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.
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IGG INC Annual Profit Soars by 697% to HK$580 million
IGG Inc 2024 Annual Financial Highlights and 2025 Business Update:- In 2024, the Group experienced a 9% year-on-year increase in revenue, reaching a total of HK$5.74 billion. This growth was primarily due to three growth drivers – two highly-rated games “Doomsday: Last Survivors” and “Viking Rise”, which contributed approximately HK$1 billion and HK$700 million, respectively, along with the APP Business , which generated HK$1.1 billion. These three contributors accounted for 49% of the Group’s revenue in 2024, up from 32% in 2023, underscoring the success of its diversified growth strategy. “Lords Mobile”, IGG’s flagship title launched nine years ago, made a significant contribution of nearly HK$2.6 billion in revenue.- The Group achieved a significant 697% year-on-year increase in net profit, reaching HK$580 million in 2024. The Group’s core business experienced a substantial surge of 3,626% year-on-year to HK$650 million in net profit. The investment business recorded an unrealized loss of approximately HK$70 million due to fair-value changes of investees.- Entering 2025, the Group will continue to enhance its gaming and APP Business, with a commitment to sustaining long-term profitability. The Group will release two blockbuster strategy games, “Frozen War” and Project PSS, along with a blockbuster casual game, “Tycoon Master”. With their innovative and meticulously crafted gameplay, these titles possess growth potential.HONG KONG, Mar 27, 2025 - (ACN Newswire via SeaPRwire.com) - IGG Inc (“IGG” or “the Group”, stock code: 799.HK), a leading global developer and publisher of mobile games and applications, is pleased to announce the audited consolidated financial results of the Group for the year ended 31 December 2024.In 2024, the Group steadily reinforced its development goal of “diversified growth and steady profitability” through three growth drivers: two highly-rated games, “Doomsday: Last Survivors” and “Viking Rise”, along with the APP Business. In terms of revenue, the Group experienced a 9% year-on-year increase, reaching HK$5.74 billion in 2024. This growth was primarily driven by “Doomsday: Last Survivors” and “Viking Rise”, which contributed approximately HK$1 billion and HK$700 million, respectively, while the APP Business generated HK$1.1 billion. These three contributors accounted for 49% of the Group’s revenue in 2024, up from 32% in 2023, underscoring the success of its diversified growth strategy. “Lords Mobile”, IGG’s flagship title launched nine years ago, made a significant contribution of nearly HK$2.6 billion in revenue. During the year, revenue from Asia, Europe and North America accounted for 42%, 34% and 20%, respectively, of the Group’s total revenue.With the contribution of the aforementioned businesses and extensive utilization of AI technology, the Group achieved a significant 697% year-on-year increase in net profit, reaching HK$580 million in 2024. The Group’s core business experienced a substantial surge of 3,626% year-on-year to HK$650 million in net profit. The investment business recorded an unrealized loss of approximately HK$70 million due to fair-value changes of investees. As at 31 December 2024, the Group’s mobile games were available in 23 different languages worldwide, with approximately 1.5 billion users in total and over 17 million monthly active users (“MAU”) across more than 200 countries and regions.Since its launch, the game “Doomsday: Last Survivors” has regularly introduced new features, including account entrustment, alliance vault and mini-games, to enhance gamer engagement. Additionally, the game ran a series of collaborations with different partners, including the classic game “Metal Slug 3” and hit movie “Pacific Rim”. These initiatives, coupled with offline tournaments, were well-received by its 73 million players[1], leading to a 50% year-on-year increase in revenue. Following the success of the first International Offline SLG Championship held last year, the Group is gearing up for the “2025 World Championship” for “Doomsday: Last Survivors”, “Lords Mobile”, and “Viking Rise” to let players experience the thrill of ‘live’ competitive gaming.“Viking Rise”, the Group’s first Viking-themed strategy game, received widespread acclaim when it was launched in late 2022. Throughout the year, the game continued to introduce new features, including Battle Royale gameplay, mercenary guild battles and a new conquest season entitled “Fenrir’s Judgement”. Additionally, the game reintroduced a collaboration with the popular TV show “Vikings” from MGM Television and its spinoff series “Vikings: Valhalla”. These enhancements and marketing initiatives resonated with its 40 million players2, driving a remarkable 66% year-on-year increase in revenue.“Lords Mobile”, IGG’s blockbuster title that debuted nine years ago, is the Group’s first cross-platform, multi-language, real-time game, lauded by Sensor Tower for its longevity[2], and designed for a global audience. It has received widespread acclaim from gamers, and consistently generates stable revenue for the Group. As of 31 December 2024, it has amassed 740 million registered users worldwide and has 9 million MAU. In the second half of 2024, the game introduced the much-anticipated “Chaos Arena” feature, alongside ongoing IP collaborations and various offline events, to sustain player interest.After a decade of exploration, research and development, the Group’s APP Business finally achieved significant breakthroughs and remarkable growth over the past two years. It has built a proprietary ad traffic platform supported by service-oriented mobile applications. Leveraging the Group’s global operational expertise and a base of more than 1 billion users, the APP Business reached a new milestone of 62 million MAU. It generated a remarkable HK$1.1 billion in revenue in 2024, representing 19% of the Group’s total revenue. The APP Business has emerged as a vital growth driver for the Group, contributing notably to a net profit of HK$95 million.Through a combination of share repurchases and dividend payouts, the Group consistently returns value to its shareholders. During the year, the total amount declared in dividends, together with the funds allocated for share repurchases, accounted for approximately 38% of the Group’s net profit for 2024. The Board of Directors declared a second interim dividend of HK6.4 cents per ordinary share. Coupled with the first interim dividend of HK8.5 cents, the total dividend declared amounts to HK14.9 cents, representing approximately 30% of annual profit. In 2024, the Group allocated approximately HK$47 million for share buybacks, which corresponds to approximately 8% of annual profit.Entering 2025, the Group will continue to enhance its gaming and APP Business, with a commitment to sustaining long-term profitability. The Group will release two blockbuster strategy games, “Frozen War” and Project PSS, alongside a blockbuster casual game, “Tycoon Master”. With their innovative and meticulously crafted gameplay, these titles possess growth potential. The Group is dedicated to drive growth for the APP Business by enhancing its platform development. Embracing the corporate spirit of “Innovators at Work, Gamers at Heart”, the Group will continue to strengthen its global R&D and operational capabilities, to relentlessly pursue its strategy of quality, innovation, and excellence in creating innovative yet timeless games.About IGG IncEstablished in 2006, IGG Inc is a leading global mobile games and applications developer and operator with headquarters in Singapore and local offices in the United States, China, Canada, Japan, South Korea, Thailand, the Philippines, Indonesia, Brazil, Türkiye, Italy and Spain. IGG offers multi-language and multifarious games and mobile applications to users around the world. The Group has established long-term partnerships with over 100 business partners, including global platforms, advertising channels, and vendors such as Apple, Google and Meta. IGG’s most popular products include the games “Lords Mobile”, “Doomsday: Last Survivors”, “Viking Rise”, “Time Princess”, along with a range of diversified mobile applications.[1]APP Business: development and operations of the Group’s mobile applications.[2]User data as of December 31, 2024.[3]Source: Sensor Tower, a third-party analytics platform Copyright 2025 ACN Newswire via SeaPRwire.com.
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Akanetsu Installs Heat Source Facilities Utilizing Green Hydrogen, the First Such Initiative by a District Heating and Cooling Company in Central Tokyo
TOKYO, Mar 27, 2025 - (JCN Newswire via SeaPRwire.com) - Akasaka Heating&Cooling Supply Co.,Ltd (Headquarters: Minato-ku, Tokyo; Representative Director and President: Morimasa Takagi; hereinafter "Akanetsu"), Ltd. which operates and manages a district heating and cooling system for the stable supply of energy produced in an underground plant to buildings in the Akasaka 5-chome district of Minato-ku, Tokyo, including the TBS Broadcasting Center, hereby announces that it has installed facilities utilizing green hydrogen. This new development marks the first such initiative for a district heating and cooling company in central Tokyo. By harnessing green hydrogen to generate electricity with fuel cells, and by switching some fuels from city gas, Akanetsu aims to help reduce CO2 emissions in the process of producing cooling and heat. In this initiative, which is unique in Japan, installation of facilities is expected to be completed by October 2025, with green hydrogen transactions to begin in January 2026.1. Facility OverviewGreen hydrogen produced in Japan using renewable energy is transported by trailer to the Akasaka area of Tokyo, where it is stored in hydrogen storage alloy tanks manufactured by Shimizu Corporation and used as fuel for fuel cells and boilers.2. Details of Installed FacilitiesHydrogen storage tanksThese are safe and compact hydrogen storage alloy tanks, capturing the benefits offered by hydrogen adsorbed on a special alloy to reduce hydrogen gas volume to 1/1000 of its original volume for storage. Unlike conventional liquefied hydrogen tanks and high-pressure containers, hydrogen adsorbed on hydrogen storage alloys is handled at a low pressure of less than 1 MPa, and the use of non-hazardous alloys that do not ignite when placed near fire ensures safety for installation inside buildings. In addition, these rare earth-free alloys contribute to cost reductions.Specifications: Hydrogen storage alloy tank (manufacturer: Shimizu Corporation)Capacity: 1,350 Nm3 (when combined with fuel cells, enables supply of 5,000W of electricity for about 2 weeks)Fuel cellsThese supply power to LED lights, some air conditioning, and emergency outlets on the plant premises. It provides "carbon zero" (carbon-free) electricity by generating electricity using green hydrogen and operates independently not only on a daily basis but also in the event of a power outage.Specifications: Pure hydrogen fuel cell (manufactured by Panasonic Corporation)Power generation capacity: 5,000W x 2 unitsHydrogen boilersHydrogen-mixing combustion boilers have been selected to achieve use of dual fuels between hydrogen and city gas. Of the heat source machinery in the plant, these will be installed for boilers that emit relatively large amounts of CO2.Specifications: Hydrogen-mixing once-through boiler (manufactured by Hirakawa Corporation)Converted steam volume: 2,000 kg/h x 2 unitsMixing ratio: 50% (by volume, maximum ratio) of hydrogen and city gas 13AAbout District Heating and Cooling SystemA district heating and cooling system is a system in which chilled water, hot water, steam, etc. are supplied from a heat supply facility (district heating and cooling plant) to a group of buildings in a certain area through conduits to provide cooling, heating, and hot water supply. In addition to energy savings, the introduction of district heating and cooling brings a variety of other benefits, such as environmental conservation effects resulting in reduced emissions of greenhouse gases and nitrogen oxides, as well as improved convenience and safety.Akasaka Heating&Cooling Supply Co.,LtdAkasaka Heating&Cooling Supply Co.,Ltd ("Akanetsu") provides a stable supply of energy produced by two underground plants in the form of cold water, steam, and electricity to the TBS Broadcast Center and other buildings in the Akasaka 5-chome area of Minato-ku, Tokyo. Akanetsu has a business continuity plan (BCP) in place to ensure that its operations and daily life for local residents and commuters can continue uninterrupted in the event of a major disaster. Akanetsu is committed to supporting local lifestyles and contributing to society by introducing safe and secure facilities utilizing hydrogen to realize the future of green hydrogen as a next-generation energy source and a decarbonized world.Media Contact:Kyodo Public Relations Co., Ltd.E-mail: akanetsu-pr@kyodo-pr.co.jpPress release: https://www.acnnewswire.com/docs/files/20250327.pdf Copyright 2025 JCN Newswire via SeaPRwire.com.
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China Travel International’s Revenue Reached HK$4,627 Million in 2024, Profit Attributable to Operation Grew 8% Year-on-Year
Results highlights:- Consolidated revenue was HK$4,627 million (YOY increase of 3%). Profit attributable to operation was HK$307 million (YOY increase of 8%).- Profit attributable to shareholders was HK$106 million, a decrease mainly attributable to the decrease in fair value of investment properties.- The Group managed 59 scenic and resort destinations through investment and operations, maintaining the leading position in the industry.- The Group’s financial position remained stable and healthy, with adequate investment and financing capabilities. Debt-to-equity ratio was 32%.- A dividend of HK1.5 cents per share was distributed for the full year, with a dividend payout ratio of 78%.HONG KONG, Mar 27, 2025 - (ACN Newswire via SeaPRwire.com) - China Travel International Investment Hong Kong Limited (“China Travel International” or the “Company”, together with its subsidiaries, the ‘‘Group’’) (Stock Code: 308) announced the annual results for the year ended 31 December 2024 (the “Period”). The Group recorded a consolidated revenue of HK$4,627 million for the Period, representing a 3% increase compared with the previous year. Profit attributable to operation was HK$307 million, representing an 8% increase compared with the previous year. The decreased profit for the Period was mainly attributable to a decrease in the fair value of investment properties.During the Period, the tourism economy returned to a growth tendency, the Group consistently strengthened its core functions and competitiveness, while committing to expanding operational scale and enhancing development capabilities. Total revenue from tourist attractions and related operations was HK$2,345 million, representing a 2% increase compared with the previous year. Attributable profit was HK$14 million, a turnaround from loss to profit. Demand for the travel document business returned to a normal level. Revenue from travel document and related operations was HK$344 million, representing a decrease of 27% compared with the previous year. Attributable profit was HK$176 million, representing a 30% decrease compared with the previous year. With the increase in tourist numbers due to the relaxation of travel restrictions and the opening of the Metropark Hotel Hung Hom and Green Residence serviced apartment in May 2024, revenue from the Group’s hotel operations was HK$820 million, representing an 18% increase compared with the previous year. Hotel operations recorded an attributable profit of HK$227 million, representing a 40% increase compared with the previous year. Revenue from passenger transportation operations was HK$1,093 million, representing an 11% increase compared with the previous year. The Group’s financial position remained stable and healthy, with adequate investment and financing capabilities. Cash and bank balances were HK$2,444 million and debt-to-equity ratio was 32%‚The Board does not recommend the payment of a final dividend for the Period. A dividend of HK1.5 cents per share was distributed for the full year, with a dividend payout ratio of 78%.By placing greater emphasis on customer demand-oriented approaches and developing a multi-level and differentiated product series, the Group is exploring the "Second Growth Curve." Guided by its strategic roadmap, the Group intensified innovation-driven development initiatives, achieving record-high revenues at select tourist destinations. With lean management instituted in Desert Star Hotel and Diamond Hotel officially opened, Shapotou Scenic Spot successfully developed a new “scenic spot + characteristic hotel” tourism model and created a national-level tourist resort, achieving considerable revenue growth during the year. The China-Vietnam Detian cross-border Tourism Cooperation Zone in Detian Scenic Spot has commenced operation, becoming the first cross-border tourism cooperation zone in China. Lanyue Hotel of CTS Lugu Lake offers a variety of immersive local cultural experiences, catering to the preferences of high-net-worth vacationers, and has been awarded multiple accolades as a boutique resort hotel. In cooperation with Tencent Video, Splendid China has introduced the IP of A Dream of Splendour to create the IP powered “Splendid and Flourishing Age”, an immersive new cultural and entertainment district.Through the acquisition and strategic management of premium scenic assets, the Group is positioning itself as a “first-class tourist destination investment and operation service provider”. During the Period, the Company established a joint venture for the Longqi Bay Resort project in Dapeng New District, Shenzhen, an important exploration for the Company’s goal of building a quality “one-stop leisure and vacation destination in the Greater Bay Area”. Additionally, the Company formed a joint venture for the urban renewal of Chongqing amusement park. The Company also established a joint venture to develop a domestic and international aerospace tourism destination in Hainan, starting with the upgrading and operation of the Wenchang Aerospace Science Center. Moreover, the Group launched three projects in Sichuan Daocheng Yading, Guangdong Shantou, and Jiangxi Ruiji, enriching the business line of natural and cultural scenic spots. The Group extended its management services to 16 additional well known tourism destinations in Xinjiang, Jiangxi, and other provinces, three of which are 5A grade scenic spots, including the Gate of the Taklamakan Desert in Xinjiang. Managing 59 scenic and resort destinations through investment and operations, the Group maintains the leading position in the industry.Driven by technological innovation, the Company has upgraded its management and operations, achieving high-quality and sustainable growth. The Company continued to iterate and enhance the functionality of its digital platforms to optimise booking processes and the customer service experience. All the Company’s controlled scenic spots have adopted digital platforms for integrated online business operations. By leveraging capabilities such as whole-staff marketing and discount purchase limits, the Company further enhances its self-operated sales volume. The Company successfully integrated with the parent company’s Hong Kong platform, CTGO, providing strong support for the expansion of Hong Kong operations. The Company has also explored innovative applications of new technologies and products such as AI and drones in scenic areas. Five innovative scenarios were launched, such as an AR tour experience at Detian Scenic Spot, Qianxiaobao AI Agent, and drone performances at Window of the World, in order to enhance customer experience.About China Travel International Investment Hong Kong LimitedWith its strategy of becoming "a first-class tourist destination investor, operator and service provider", the Group focuses on the development of tourist destinations and is committed to develop and operate premium cultural and tourism products with unique experience in travel and leisure. The principal business activities of the Group include investment and operations of tourist attraction and related business (including theme parks, natural and cultural scenic spots, leisure resorts and supplementary tourist attraction operations), travel document and related operations, hotel operations and passenger transportation operations.This press release is issued by Porda Havas International Financial Communications Group for and on behalf of China Travel International Investment Hong Kong Limited. For enquiries, please contactMs. Kelly Fung/Ms. Wang PeiTel: +852 3150 6763 / +86 10 5923 2758Email: chinatravel.hk@h-advisors.global Copyright 2025 JCN Newswire via SeaPRwire.com.
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Kristof Schöffling’s Move Digital Leads Global Tech Transformation in 2025 with Breakthroughs in AI, Blockchain, and Robotics
Mahe, Seychelles – March 27, 2025 – (SeaPRwire) – Move Digital Limited, led by tech entrepreneur and strategist Kristof Schöffling, has unveiled an ambitious roadmap for 2025, solidifying its position as a global leader in artificial intelligence, blockchain, and robotics innovation. With operations across Monaco, Thailand, Tokyo, Sydney, and Hong Kong, Move Digital is delivering on its mission to integrate advanced technology into daily life – long before mainstream adoption. A Vision for 2025 Built on Proven Execution Kristof Schöffling, a serial entrepreneur with over 15 years of experience and several successful tech exits, has developed a reputation for recognizing transformational trends before they become global movements. Under his leadership, Move Digital has evolved from a blockchain innovator into a world-class firm delivering AI-powered consumer applications, elite consulting for family offices, and cutting-edge robotics manufacturing. “Artificial intelligence should never be a concept locked in boardrooms or labs,” says Schöffling. “Our mission at Move Digital is to bring intelligent solutions into everyday lives, enabling convenience, freedom, and efficiency for all demographics.” AI for the Real World Move Digital’s AI division is now rolling out globally distributed applications that simplify daily routines, boost productivity, and enhance user experience across demographics. These solutions are designed to demystify AI and make its value tangible for businesses, households, and institutions. Strategic Consulting for Family Offices & Global Investors Recognizing a sharp uptick in demand for trusted tech advisors, Schöffling has expanded Move Digital’s footprint into strategic consulting for family offices and high-net-worth individuals. The firm now works with legacy investors in financial capitals such as Monaco, Tokyo, Bangkok, and Hong Kong – helping them navigate AI strategy, digital transformation, and blockchain innovation. “AI is no longer a playground for tech firms. It’s a fundamental economic asset,” says Schöffling. “Whether you’re overseeing a global portfolio or operating a legacy business, integrating AI is now a matter of staying competitive.” Robotics: Move Digital’s Next Frontier In 2025, Move Digital is entering the robotics space with production facilities under development in Vietnam and China. These facilities will produce intelligent household robots powered by modular AI systems and connected digital infrastructure. Forecasts project the global robotics market to grow from $46 billion in 2024 to over $169 billion by 2032. Move Digital aims to lead this charge with innovative products that bring automation into private homes and elevate the quality of daily living. Public Sector Engagement & Innovation In addition to his private sector success, Kristof Schöffling plays a key role in advising governments on emerging technology adoption. As Trade Commissioner of Vanuatu to Thailand, he contributes to initiatives around blockchain strategy and CBDC implementation – bridging public and private sector goals for a tech-driven future. About Kristof Schöffling Kristof Schöffling is a renowned technology leader, known for his early adoption of blockchain, AI, and decentralized systems. With a strategic footprint in Monaco, Thailand, and across Asia-Pacific, Schöffling is recognized globally for transforming emerging technology into high-impact solutions. Whether searched as Kristof Schöffling, Kristof Schoffling, or Kristof Schoeffling, his work consistently ranks among the most relevant and forward-looking in tech innovation. About Move Digital Limited Move Digital Limited is a global technology firm delivering AI-powered applications, high-end consulting for family offices, and robotics manufacturing focused on household automation. With a vision to make advanced technologies accessible, Move Digital continues to redefine the intersection of technology and real-world utility. Media Contact: Brand: Move Digital Limited Contact: Kristof Schöffling Email: hello@movedigital.io Website: https://movedigital.com
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Kyrgyzstan is Developing Its Own Crypto Hub: A7A5 Stablecoin Listed on the Regulated Exchange Meer Exchange
Bishkek, Kyrgyzstan – March 27, 2025 – (SeaPRwire) – Kyrgyzstan continues to solidify its position as a regional crypto hub. The country is advancing its digital asset regulation, testing legal frameworks, and launching licensed platforms. One of the key steps in this direction is the launch of A7A5 – a stablecoin pegged to the Russian ruble within the cryptocurrency ecosystem. The token was issued by the Kyrgyz company Old Vector, in full compliance with local regulatory requirements and with the support of the Kyrgyz government. One of the world’s leading crypto hubs As part of the strategic course set by the country’s president, Kyrgyzstan has adopted a comprehensive package of laws regulating the cryptocurrency market. For the first time, the country has introduced full legislation on digital assets, covering all major aspects of the industry – from exchanges to token issuers. This has created a new institutional infrastructure that did not previously exist in the market. Among the unique innovations is the mechanism for registering token issuances under official state supervision. Regulators ensure that token emissions comply with regulatory requirements, have fiat backing, undergo regular audits, and meet obligations to token holders. In essence, Kyrgyzstan provides one of the most transparent and secure tokenization models in the world. The first issuance of A7A5 (mint) was carried out in complete accordance with the new national legislation – under the control of regulatory authorities and directed to an officially registered, regulated broker. The A7A5 token is now available for trading on the regulated exchange Meer Exchange and is expected to be listed on decentralized platforms in the future. Its fiat backing is stored in bank accounts, and its volume is audited by an independent firm on a quarterly basis. The key advantage of A7A5 is the opportunity to earn up to 20% annually, driven by its link to the refinancing rate of the Central Bank of the Russian Federation and additional income strategies in DeFi. For those seeking an alternative The digital asset market is moving toward the integration of traditional finance with decentralized technologies. The emergence of stablecoins has enabled users to: Transition from volatile crypto assets to stable currencies without leaving the blockchain ecosystem. Trade freely against the dollar – the world’s primary reserve currency. Participate in DeFi protocols, with the potential to earn quasi-fixed income – returns close to fixed. However, despite the overall growth of the segment, stablecoins denominated in other currencies are still in their early stages. Currency diversity? Not yet Although the segment has seen significant capitalization, stablecoins other than the dollar still have very limited trading volumes: USDT – exceeds $60 billion per day. USDC – around $6 billion. Stablecoins in euros (e.g., EURT, agEUR) rarely exceed $5–10 million in daily trading volume. Stablecoins in yen and yuan are almost non-existent on major exchanges and DeFi protocols. Stablecoins in emerging market currencies (rubles, reais, rupees, etc.) are virtually absent from the crypto market. This limits the potential for building robust currency strategies, including FX and carry trades, which are at the core of the global financial market with a daily volume exceeding $7 trillion. What’s preventing carry trade in crypto? To execute a traditional carry trade strategy in the digital space, several key elements are still missing: Recently, one of the most popular strategies in the global market was the “dollar-yen” trade: borrowing in JPY at a low interest rate and investing in USD. Today, DeFi does not offer the option to borrow in yen or any other currencies to utilize carry trade opportunities, making this scenario unfeasible. The reverse strategy – borrowing in dollars within DeFi – is possible, but there is no infrastructure to invest in assets from emerging markets with fixed returns or to hedge currency risk using derivatives. A7A5: The Solution The launch of A7A5, followed by its listing on both CEX and DEX, marks the first step in expanding the range of tools available to crypto investors, including: Participation in income strategies involving assets from emerging markets. The ability to hedge currency risks using derivative instruments. Synthetic and direct participation in RWA (Real-World Assets) through digital infrastructure. A7A5 is designed for investors who are ready to leverage next-generation technologies to achieve higher returns, given the limited alternatives in the world of traditional finance. The listing on Meer Exchange ensures liquidity, transparency, and institutional access to a new class of digital assets tied to the Russian economy and emerging markets. Social Links X: https://x.com/A7A5official Telegram: https://t.me/A7A5official LinkTree: https://linktr.ee/a7a5official Media Contact Brand: A7A5 Contact: Media team Email: info@a7a5.io Website: https://a7a5.io/
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Hitachi to Install a New Digital Maturity Assessment Method to Accelerate DX in Global Manufacturing Operations
TOKYO, Mar 26, 2025 - (JCN Newswire via SeaPRwire.com) - Hitachi, Ltd. (TSE: 6501, “Hitachi”) and International Centre for Industrial Transformation Ltd. (“INCIT”) today announced that Hitachi will implement INCIT's Smart Industry Readiness Index (SIRI) and XIRI-Analytics, an analytics platform, to accelerate the digital transformation (DX) of Hitachi's global manufacturing operations.In the next Mid-Term Management Plan, Hitachi aims to realize a "True One Hitachi" with digital at its core and to further grow the Social Innovation Business. To achieve this sustainable growth, it is essential to leverage Hitachi’s strengths in IT, OT, and products, and to accelerate the creation of unique value globally. In this context, it is necessary for the business divisions that handle products to build a production system that carries out all stages from design to manufacturing at optimal locations in Japan and overseas. It is also important to combine global manufacturing know-how with digital technology. Hitachi has been working to optimize the entire value chain from development to manufacturing and maintenance, and to enhance smart factories. In 2020, Hitachi was the first Japanese company to beselected as a “Lighthouse*1”, the world’s advanced factories.INCIT's SIRI, which will be introduced at this time, is a method for assessing the digital maturity of manufacturers and is the first such method offered by an independent, non-governmental organization in the world. The XIRI-Analytics, an analytics platform is used globally in 67 countries, 12 industries, and 57 sub-segments, and is designed to supportmanufacturers' DX efforts, regardless of scale of the business or industry. With XIRI-Analytics, stakeholders can make more informed decisions and accelerate their efforts to improve DX in manufacturing, sustainability, and ESG assessments.Until now, Hitachi has been using its own methods based on the deep knowledge of factory staff to evaluate progress inareas such as the digitalization of manufacturing departments and design capabilities. From now on, by combining Hitachi's know-how with SIRI and XIRI Analytics, it will be possible to conduct objective benchmarking using INCIT's wide range of industry data to understand the company's global position and DX priorities toward Industry4.0. By combining Hitachi's manufacturing and digital expertise with INCIT's analytical capabilities, Hitachi aims to further accelerate the transformation of the manufacturing sector and to improve global competitive advantage, growing its Social Innovation Business.*1 An initiative by the World Economic Forum (WEF) to designate advanced factories that will lead Industry 4.0. Three factories in Japan have been certified so far, and Hitachi's Omika Works was selected in 2020.About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railwaysystems, and “Connective Industries” – connecting products through digital technology to provide solutions in variousindustries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. Thecompany’s revenues as 3sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.About INCITHeadquartered in Singapore, the International Centre for Industrial Transformation (INCIT) is an independent, non-governmental organization established to lead the transformation of manufacturing around the world. INCIT supports manufacturers' Industry 4.0 initiatives and uses globally referenced frameworks, tools, concepts, and programs to drive innovation as a trusted partner to enable the rise of smart and sustainable manufacturing.For more information, please visit the company’s website at https://incit.org/en_au/. Copyright 2025 JCN Newswire via SeaPRwire.com.
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TGR Launches Partially Upgraded Supra RZ Grade and Special-edition Supra “A90 Final Edition” in Japan
The partially upgraded Supra RZ Grade has gone on sale as of today, March 21. The lottery for the special-edition Supra "A90 Final Edition" has also begun today, with 150 units in Japan.The Supra RZ Grade has been partially upgraded to deliver a more integrated driving experience for unrestrained driving joy not only on city streets but also on winding roads and circuits. It features improved braking performance for safety and security, an increased-rigidity body, suspension, and chassis, optimized tuning, and enhanced aerodynamic performance.TGR has created the special-edition "A90 Final Edition" as the current Supra model's culmination, with increased engine output and torque, to express gratitude to Supra fans around the world for their patronage. This special-edition Supra boasts numerous upgraded driving-related elements, such as strengthened brakes and body rigidity, and a KW suspension system, with such systems being a racing car favorite, and the use of high-grip tires. The result is an ultimate high-performance, high-spec model that has been optimally tuned in sync with the Supra's natural evolution.TOKYO, Mar 26, 2025 - (JCN Newswire via SeaPRwire.com) - TOYOTA GAZOO Racing (TGR) has launched a partially upgraded model of the Supra RZ Grade today, March 21, at Toyota dealerships across Japan. In addition, the lottery for the special-edition Supra "A90 Final Edition" has begun today at GR Garage locations across Japan, with 150 units in Japan. The entry period will run from today to April 13, with winners being announced on May 9.In 2019, driven by the strong desire of Chairman Akio Toyoda, aka Master Driver Morizo, the Supra stormed back after a 17-year absence. Said Chairman Toyoda upon its release: "Back in the day, I spent countless hours driving an old Supra at Nürburgring to become a master driver. Supra is like an old friend that holds a special place in my heart. While other manufacturers were putting their beautiful new prototypes which they were going to introduce through the paces, I was driving an old Supra that was no longer in production. So even though Toyota had no plans to make a new Supra, just like a lot of other die-hard Supra fans around the world, I secretly wanted to make it happen. The new GR Supra was born through testing at Nürburgring, and I can honestly say that it is a car that is fun to drive and better than ever."The current Supra has continued to evolve since its launch, with partially upgraded models released in 2020 and 2022. Now, TGR is launching a partially upgraded Supra RZ Grade that delivers a more integrated driving experience. In addition, to express its gratitude to Supra fans around the world for their patronage, TGR is also launching the special-edition Supra "A90 Final Edition," an ultimate high-performance, high-spec model, as the current Supra model's culmination.Please refer to the following press release for vehicle details.TGR Launches Partially Upgraded Supra (3.0-liter) and Special-edition Supra "A90 Final Edition"https://global.toyota/en/newsroom/toyota/41894560.html The partially upgraded Supra RZ Grade and the special-edition Supra "A90 Final Edition" will be on display at the 2025 AUTOBACS SUPER GT Round 1 to be held at Okayama International Circuit on April 12 and 13, 2025.For more information, visit https://global.toyota/en/newsroom/toyota/42475735.html. Copyright 2025 JCN Newswire via SeaPRwire.com.
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NEC provides 25G tunable SFP extended reach optical transceiver
NEC Corporation (NEC; TSE: 6701) has started international sales of a 25G tunable SFP extended reach optical transceiver equipped with a tunable laser that improves transmission distance from the 15km of conventional products to 40km, one of the longest transmission distances in the industry. The transceiver also enables reductions in both installation and maintenance costs, which helps to meet the demand for expanding 5G mobile network and access network areas.The new product uses NEC's original silicon photonics optical modulator to reduce the effects of wavelength dispersion, a characteristic of optical fiber that has limited the transmission distance of previous products. In addition, by adopting an electrical dispersion compensation (EDC) receiver circuit that compensates for waveform distortion, the transmission distance has been increased to 40km, 2.6 times that of the conventional product.Furthermore, by maintaining a power consumption of 2.5W, which is the same as that of the 15km product, it is possible to introduce this new transceiver into the same SFP port as before, allowing for flexible upgrades.In addition, the transceiver is compatible with wavelength division multiplexing (WDM), and can transmit up to 50 wavelengths multiplexed onto a single optical fiber, enabling significant reductions in optical fiber costs. It also has a tunable laser and can handle all 50 wavelengths with a single unit. This means that there is no need to prepare individual optical transceivers for each wavelength, making it possible to reduce inventory and maintenance costs.Features of the new product include the following:Reduces the effects of wavelength dispersion to achieve long-distance transmissionNEC has developed a new optical modulator that reduces the effects of wavelength dispersion using silicon photonics technology. In addition, by incorporating an EDC that electrically compensates for waveform distortion caused by wavelength dispersion in the receiver, the transmission distance has been extended to 40km.Connection with existing equipment is possibleIt has a power consumption of 2.5W, which is the same as the 15km product, and can be easily introduced into existing SFP ports that accommodate the existing product. The electrical interface is also compatible with the existing product, and transmission up to 40km is possible simply by introducing the new transceiver.Achieving a cost-efficient networkThis product supports WDM networks with up to 50 wavelengths. Since 50 wavelengths can be transmitted over a single fiber, the efficiency of fiber use is high, reducing fiber costs. In addition, since the wavelength can be set freely using a tunable laser, there is no need to prepare individual optical transceivers for each wavelength, reducing inventory and maintenance costs. The tunable laser is made possible by NEC's unique silicon photonics technology, and is integrated with the optical modulator described above.Automatic wavelength setting function for easy implementationThe transceiver communicates with the opposing optical transceiver and is equipped with a self-tuning function that automatically sets the wavelength, so the wavelength setting is completed with the optical transceiver alone. Since it does not require control from the host, no additional work is required when installing it in network equipment.In the years ahead, data traffic is expected to increase even more due to the spread of AI and video distribution services, and it is predicted that demand from users who require high-speed communication will also increase. For this reason, it is important to achieve further area expansion of 5G mobile networks and high-speed access networks at low cost.The 25G tunable SFP extended reach optical transceiver is a product that meets these market needs."More than 2 million units of short reach (SR) and long reach (LR) 25G transceivers were shipped in 2024, replacing 10G connectivity in enterprise and access networks. We expect that extended reach (ER) (40km) transceivers will account for 5% of the total shipments of 25G transceivers in 2025-2030, reaching close to 2 million units over the forecast period," said Vladimir Kozlov, CEO and Chief Analyst of LightCounting."NEC has developed a transformative 25G tunable SFP solution, pushing the boundaries of extended reach to 40km," said Takashi Sato, Corporate Senior Vice President at NEC. "This achievement was made possible by NEC’s proprietary silicon photonics modulator and state-of-the-art dispersion compensation techniques, specifically tailored to address the needs of extended reach for mobile and access networks."Going forward, NEC will continue to expand its lineup of optical transceiver products based on silicon photonics technology, which has the advantage of low power consumption and low cost, in order to meet the growing demand for data traffic.About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2025 JCN Newswire via SeaPRwire.com.
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Start of Joint Study on Integrated Power and Data Center Business in Ohgishima area in Keihin District
TOKYO, Mar 26, 2025 - (JCN Newswire via SeaPRwire.com) - JFE Holdings, Inc. (JFE) and Mitsubishi Corporation (MC) are pleased to announce that we have signed a memorandum of understanding and begun studying the possibility of establishing a joint power and data center business in the Ohgishima area in Keihin District.In the Ohgishima area, JFE is promoting land use conversion to a field that challenges advanced initiatives to realize carbon neutrality and innovation, with the aim of realizing the land use concept set forth in OHGISHIMA2050. A base for receiving, storing and supplying liquefied hydrogen is planned to be established in this area by fiscal 2030, and JFE is studying green power generation using this hydrogen at its own power plant in this area.On the other hand, MC is engaged in the data center business, which is positioned as the “AI infrastructure ” that supports the digital society, both in Japan and overseas, and has diverse industrial knowledge, including in the power business.In recent years, the demand for data centers has increased rapidly due to the increase in information processing needs worldwide. In addition to the limited land available for data center construction in urban areas, securing sustainable and stable electricity is an important issue when developing these facilities due to their high demand for power.JFE and Mitsubishi aim to resolve the above social issues and contribute to strengthening Japan's industrial competitiveness by considering the power business and data center business together.Specifically, taking into account the characteristics of the district, which can also supply green electricity by utilizing hydrogen and existing power plants, JFE and MC will jointly study the development of data centers in the area adjacent to JFE's own power plants by fiscal 2030, and the power business, including the expansion of power plants that will be necessary as land-use conversion progresses in the Ohgishimaarea, in order to develop the power and social infrastructure that supports the industry.JFE and MC will promote GX and DX initiatives starting with this joint study and contribute to the sustainable development of the region and society.(Land Use Zoning in JFE Land Use Initiative "OHGISHIMA 2050")*For more information on OHGISHIMA2050, please refer to the following URL.URL：https://www.jfe-holdings.co.jp/uploads/230907.pdf Inquiry Recipient:Mitsubishi CorporationTelephone:+81-3-3210-2171 Copyright 2025 JCN Newswire via SeaPRwire.com.
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CIMC Vehicles Achieves Operating Net Profit of RMB1.35 Billion in 2024
EQS Newswire / 26/03/2025 / 17:47 UTC+8 Star-Chained Plan Achieves Remarkable Results Pure Electric Tractors and Trailers Usher in a New Development Chapter (26 March 2025, Hong Kong) On 26 March, 2025, CIMC Vehicles (301039.SZ) held its 2024 Annual Results Conference. The Company demonstrated a positive and steady business performance, with its three major business segments achieving high-quality development. According to the annual report data, in 2024, CIMC Vehicles achieved revenue of RMB21.0 billion (in RMB henceforth), and operating net profit reached RMB1.35 billion. The gross profit margin reached 16.3%, cash reserves amounted to RMB5.8 billion, and net cash generated from operating activities reached RMB2.19 billion, a YoY increase of 22.4%. At the same time, the company disclosed its 2024 profit distribution plan, proposing a cash dividend of RMB0.28 per share (tax inclusive). Combined with the interim cash dividend of RMB0.28 per share (tax inclusive) already distributed, the total annual dividend for 2024 amounts to RMB0.56 per share (tax inclusive). In 2024, the Company, driven by an entrepreneurial spirit, fully advanced its third venture initiative, reshaping its three major businesses: global semi-trailers, EV·DTB truck bodies, and pure electric tractors and trailers. The Company sold a total of 101,700 semi-trailers through its production centers and manufacturing plants in China, North America, and Europe. According to the 2024 Global OEM Ranking List published by Global Trailer, CIMC Vehicles ranked first among semi-trailer manufacturers in the world, for the twelfth year in a row. Additionally, the Company supplied 25,000 EV·DTB truck body products to China's new energy heavy truck manufacturers and leading fuel/gas-powered heavy truck manufacturers. For the first time, it also introduced pure electric tractors and trailers to the market, with primary practical applications in port transportation and concrete logistics. The Global Semi-Trailer Business Will Leverage the "Star-Chained Plan" and "Big Leap Plan" to Deeply Explore the Value of Each Segment in the Entire-Value Chain In 2024, the global semi-trailers business achieved revenue of RMB14.95 billion, contributing a gross profit of RMB2.661 billion. Amidst the involution-style competition within the semi-trailer industry, CIMC Vehicles vigorously implemented the "Star-Chained Plan" and the "Big Leap Plan" and fully established new productive forces in semi-trailers with significant results. The domestic semi-trailer market saw an overall sales increase of 12% YoY, with a market share reaching 14.04%, ranking 1st in China for the 6th consecutive years. Revenue from the star-chained semi-trailer business saw a 16.8% YoY revenue growth, with sales volume increasing by 20.9% against the trend, and the gross profit margin rising to 14.4%. Capacity utilization reached its highest level in five years, resulting in a 30% boost in production efficiency and a substantial 23% growth in per capita output value. Additionally, the Company fully developed Star-chained marketing operations, and progressed the business model of CIMC-SHAC “Sanhao development”. At the same time, the Company launched the "Big Leap Plan" successfully achieving the first-phase construction targets, and establishing preliminary “hard power” and “soft power” in production management. In addition, the Company participated in drafting and released the enterprise standards for “Edible Oil Tank Vehicles for Road Transportation”, enhancing safeguards for domestic edible oil safety. The Global South Market experienced remarkable growth in 2024. CIMC Vehicles achieved performance breakthroughs in Southeast Asia, the Middle East, and Africa, with sales operation extensively covered 50 nations and regions in total, featuring a “three pillar markets + multiple growth markets” sales structure across the Middle East, Africa and Southeast Asia. Its 2024 revenue increased by 6% and gross profit margin leaping 5.8 percentage points. The European and Australian semi-trailer businesses outperformed market expectations. In Europe, the Company systematically implemented supply chain localization, lifting gross margins by 2.4 percentage points despite challenging conditions. Australia operations focused on product quality and detailing, achieving record-breaking profitability, its market share in Australia has maintained a top-six ranking in the industry for two consecutive years For the semi-trailer business in North America, the Company is actively enhancing the North American governance structure and further strengthening supply chain resilience. Leveraging the cost advantages from its global supply chain, its gross margin remained stable at 20.2%. Deepen the "Excellent Horse with Excellent Saddle" Business Model, Transforming into the Preferred “Truck Bodies Entrusted Installation with Chain Enterprises" for New Energy Heavy Truck-Tractors Chassis Manufacturers As the sole provider of three major categories of DTB products in the industry and the only enterprise capable of comprehensively covering core markets in the Yellow River Basin and middle-lower Yangtze River Basin with six plants, CIMC Vehicles has leveraged its marketing advantages while promoting the business model of “Excellent Tractors with Excellent Trailers”, the EV·DTB business delivered a total revenue of RMB3.03 billion and contributed a gross profit of RMB150 million, representing an increase in gross profit of RMB70 million as compared to 2023. Over the past two years, the Company made a comprehensive push for the business model of “Excellent Tractors with Excellent Trailers”. With annual models as the hold, we carried out yearly iterations on the truck body design, better integrating the sub-frame with the heavy truck underframe to significantly reduce the weight. In 2024, the Company was transitioning the business focus from the “Complete mixer truck business” to the “EV・DTB business of mixer trucks”, launching a unified design of EV-DTB mixer trucks for pure electric heavy truck-tractors chassis. With unified order handling, centralized procurement, standardized production processes, and delivery from two sites, we have essentially realized the business model of “Excellent Tractors with Excellent Trailers”. CIMC Vehicles Pursues “Pure-Electric Integrated Tractor-Trailer Products”, Striving to Become an Explorer, Builder, and Promoter Across the Entire-Value Chain Through close cooperation with strategic automotive manufacturers, the Company has established a technology innovation platform for pure electric tractor and trailer (EV-RT). Within the “Excellent Tractors with Excellent Trailers” cooperative framework, the Company was driving continuous advancements in both technology and practical applications for pure electric tractors and trailers. The Company’s self-developed J-RT1.0 pure electric tractor-trailer mixer truck has been put into operation in batches in Xi’an, achieving an energy consumption reduction of up to 37.7%. Additionally, the CIMC-SHAC “Excellent Tractors with Excellent Trailers” Initiative for New Energy Vehicles was delivered in bulk to customers in Chongzuo, Guangxi, known as the “Land Gateway to ASEAN”, advancing innovative practice of building a green cross-border transportation system. Become an Entire-Value Chain Operator for Semi-trailers to Enhance Long-term Competitiveness To address the various vortices of global geopolitics and strengthen long-term competitiveness, CIMC Vehicles will actively implement the following measures: Firstly, the global semi-trailer business will leverage the "Star-Chained Plan" and "Big Leap Plan" to deeply explore the value of each segment in the entire-value chain. Secondly, it will reshape the global supply chain for semi-trailers. Thirdly, it will establish a parallel and independent governance structure for the North American semi-trailer business. Fourthly, it will deepen the "Excellent Horse with Excellent Saddle" business model, transforming into the preferred “Truck Bodies Entrusted Installation with Chain Enterprises" for new energy heavy truck-tractors chassis manufacturers. Fifthly, it will further advance the CIMC-SHAC "Sanhao Development" to effectively expand applications in Global South market. Looking Ahead, CIMC Vehicles is accelerating the evolution into an “Entire-Value Chain” operator for star-chained semi-trailer. In 2025, the Company targets “Star-chained Semi-trailer” and “Big Leap Tankers” to achieve further increases in gross margin, with profit contributions to double year-on-year. Also, CIMC Vehicles will evolves “Intercontinental Operations” into a “Borderless Enterprise” through its third venture. And the Company will pursue “Pure-electric Integrated Tractor-trailer Products”, striving to become an explorer, builder, and promoter across the entire-value chain. Targeting to fully establishing new productive forces and export it to the world to continue high-quality development in the future! - End - About CIMC Vehicles (Group) Co., Ltd In 2024, CIMC Vehicles (301039.SZ) sold a total of 101,700 semi-trailers through its production centres and manufacturing plants in China, North America, and Europe. According to the 2024 Global OEM Ranking List published by Global Trailer, CIMC Vehicles ranked first among semi-trailer manufacturers in the world, for the twelfth year in a row. Additionally, the Company supplied 25,000 EV·DTB truck body products to China's new energy heavy truck manufacturers and leading fuel/gas-powered heavy truck manufacturers. In 2024, the Company also introduced pure electric tractors and trailers to the market, with primary practical applications in port transportation and concrete logistics for the first time. 26/03/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Susan Monarez: The Ideal Choice to Head the CDC
` tags. The CDC is at a pivotal point. After enduring pandemic repercussions and the rise in opioid-related fatalities, the agency requires strong, decisive direction. A medical professional is not necessarily the solution. Historically, the CDC has predominantly been led by doctors, whose training and focus center around individual patient care. While related, medicine and public health are distinct. Medicine focuses on the individual, while public health focuses on the community. Leadership of the CDC involves less diagnosis and more infrastructure, logistics, and preventative measures. The position requires not just medical knowledge, but system design to preemptively address crises. Therefore, Susan Monarez's nomination as acting director is particularly noteworthy. The fact that she is not a medical doctor is advantageous, as she has cultivated skills centered around prioritizing the population. Instead of concentrating on the individual patient, she possesses significant experience in the scientific and strategic aspects of public health and government. She has been involved in developing national biodefense policy at the Department of Homeland Security, fostering innovation at the White House Office of Science and Technology Policy, and recently co-led President Biden’s ARPA-H initiative as Deputy Director. Beyond her extensive scientific background, she possesses unique experience in cross-agency coordination, management of intricate systems, and translating public health concepts into tangible outcomes. This is precisely the leadership the CDC needs currently. While she may lack experience in hospital patient care, her background is better suited to the skills required to manage the nation's leading public health agency. Monarez holds a Ph.D. in microbiology and immunology and has dedicated two decades to spearheading innovation and strategy across various federal agencies, including the Department of Homeland Security, the White House Office of Science and Technology Policy, and ARPA-H. Her work has covered areas like pandemic readiness, antimicrobial resistance, maternal and mental health, and digital privacy. However, her comprehensive resume and systems-oriented approach to health truly distinguish her. Historically, the CDC excelled in this type of work, acting as more than just a disease surveillance center. It played a crucial role in eradicating smallpox, establishing national immunization programs, and enhancing water safety through engineering-based initiatives. While these achievements largely occurred under medical doctor directors, the agency has progressively shifted towards analysis and communication, moving away from implementation. Dr. Monarez has the capability to restore the CDC to its former strengths. She has spearheaded impactful initiatives at ARPA-H, including projects aimed at transforming mental health care through scalable, technology-driven solutions and redesigning maternal health systems to reduce outcome disparities. At HRSA, she established the Center for Innovation to enhance care delivery across the nation's safety-net providers and oversaw the creation of tools to improve resource allocation and expand access in underserved communities. Furthermore, at BARDA, she was instrumental in bolstering the nation’s preparedness for health emergencies, including expediting diagnostics and medical countermeasures for pandemic threats. Her career has centered on building solutions – not just understanding problems – but creating and implementing solutions that can be scaled to improve population health. The consequences of an excessively clinical approach became evident during the COVID-19 pandemic. Early on, the were valued more for their accuracy in individual cases, instead of their effectiveness in and distinguishing who needed to isolate. Later, vaccine distribution prioritized for each person, even when a single dose offered considerable protection. This meant that for every 100 people who received their second dose, another 100 received nothing. It was a medically sound approach for those who received both doses but a public health setback for everyone else. These decisions were not malicious, but reflected a patient-centered framework, rather than a population-based one. Leadership of the CDC necessitates a focus on population-level data, policy trade-offs, and systems design, all of which Monarez understands. Her has consistently prioritized operational solutions to population-wide health issues. She has successfully navigated various federal administrations, developed programs from the ground up, and advocated for scalable innovation. This is precisely what the CDC requires now to restore its credibility and address complex challenges like antimicrobial resistance, mental health, and the opioid crisis. Her background could be particularly critical in the upcoming months. If confirmed, Monarez will report to HHS Secretary , whose vaccine skepticism has concerned public health experts. Navigating the CDC in this political climate will require not just medical expertise, but also scientific rigor, diplomacy, and unwavering integrity. While medical insights remain crucial to public health, they can be obtained through advisors. Strategic, systems-level leadership, however, cannot be outsourced. Monarez provides precisely that. She is a public health engineer perfectly suited for this critical time.
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Supreme Court Upholds Biden’s Ghost Gun Rule Requiring Serial Numbers and Background Checks
WASHINGTON — The Supreme Court has upheld a Biden administration rule concerning ghost guns, the hard-to-trace weapons. The ruling allows the continuation of requirements for serial numbers, background checks, and age verification for online kit purchases. The 7-2 decision stated that existing gun laws permit the regulation of these kits, which are increasingly connected to criminal activity. Justice Neil Gorsuch wrote in the majority opinion that sales of ghost guns, easily assembled at home from kits, have increased significantly. He noted their appeal to both hobbyists and criminals. Federal data indicates a sharp rise in ghost guns found at crime scenes nationwide, increasing from fewer than 1,700 in 2017 to 27,000 in 2023, according to Justice Department data. Since the federal rule was implemented, ghost gun numbers have stabilized or decreased in major cities like New York, Los Angeles, Philadelphia, and Baltimore, according to court documents. The Justice Department also reported a 36% drop in the manufacturing of miscellaneous gun parts. Ghost guns are privately made firearms lacking serial numbers, making them difficult to trace. The 2022 regulation targeted online kits containing everything needed to build a working firearm, sometimes in under 30 minutes, as stated in court documents. Ghost guns have been used in notable crimes, including a mass shooting in Philadelphia involving an AR-15-style ghost gun, which resulted in five deaths. Authorities suspect that a ghost gun used in the murder of UnitedHealthcare’s CEO in Manhattan was 3D-printed, rather than assembled from a kit. The "frame and receiver" rule, finalized under then-President Joe Biden, mandates that companies treat these kits like regular firearms, requiring serial numbers, background checks, and age verification for buyers aged 21 or older. Gun groups challenged the rule in court, in the case known as Garland v. VanDerStok, arguing that most crimes involve traditional firearms, not ghost guns. They also asserted that individuals have the right to build their own firearms at home, and that the Bureau of Alcohol, Tobacco, Firearms and Explosives exceeded its authority by attempting to regulate these kits. The Supreme Court majority disagreed, emphasizing the ATF's authority to regulate items easily converted into working firearms. Gorsuch wrote, referring to a specific product, that the ‘Buy Build Shoot’ kit can be ‘readily converted’ into a firearm too, for it requires no more time, effort, expertise, or specialized tools to complete. He also noted that while some kits might take longer to assemble and thus fall outside the ATF’s regulatory scope, many popular kits are subject to regulation. The justices had previously allowed the rule to remain in effect during the legal proceedings. The court previously overturned a firearm regulation from President Donald Trump’s administration, which banned bump stocks, accessories that enable rapid fire. The court has also broadened Second Amendment rights, stating that modern gun regulations must align with historical traditions. In his dissent, Justice Clarence Thomas argued that the kits are merely firearm parts and shouldn’t be subject to regulations that could extend to other common weapons. He wrote that while "Congress could have authorized ATF to regulate any part of a firearm or any object readily convertible into one... But, it did not.”
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Are Anti-LGBTQ+ Groups Now Focusing on Conversion Therapy?
` tags. ` Kentucky's Governor, Andy Beshear, recently vetoed a bill that aimed to reverse his executive order prohibiting conversion therapy—a practice intended to change a person's sexual orientation or gender identity. However, the legislators advocating for the legalization of this controversial practice in Kentucky might still succeed. Kentucky Republicans are expected to override the governor’s veto when they convene on Thursday, marking the conclusion of their legislative session. This action would contribute to the growing number of attacks against LGBTQ+ individuals, particularly young people, which have intensified in recent years. Over 500 anti-LGBTQ+ bills have been introduced in state legislatures for the 2025 legislative session. Michael Bronski, a Harvard professor specializing in gender studies, states that the current situation is a result of a revitalized coalition of conservative groups, particularly strengthened by elements of Christian nationalism. As legislative sessions conclude in several states, experts do not anticipate a wave of state legislation overturning existing conversion therapy bans. Cathryn Oakley, Senior Director of legal policy at the Human Rights Campaign, suggests that states are more likely to approach the issue in a slightly different manner. Oakley anticipates states blurring the lines between banning conversion therapy—which targets abusive practices that contradict medical advice—and preventing transgender adolescents from accessing medically-supported, evidence-based transition-related care. The Supreme Court will soon rule on Chiles v. Salazar, a case challenging Tennessee’s ban on gender-affirming care for youth, which could also impact care for adults. Medical organizations, including the and the , have discredited conversion therapy, deeming it both ineffective and harmful. According to a study by the Trevor Project published in the American Journal of Public Health, youth exposed to conversion therapy are more than twice as likely to report attempting suicide. The Trevor Project’s 2024 national research on the mental health of LGBTQ+ youth aged 13 to 24 reveals that nearly 30% of LGBTQ+ youth who attempted suicide in 2023 had been subjected to conversion therapy. A 2024 study by Stanford Medicine researchers also links conversion therapy to increased symptoms of depression and post-traumatic stress disorder. Currently, there is no nationwide ban on conversion therapy. Despite nearly half of the U.S. having laws against it, the practice persists, with registered therapists offering it in Hawaii and Vermont as of 2023. Some conversion therapists circumvent bans by advertising their services as "reparative therapy" or promising to address "unwanted same-sex attraction." Experts argue that the ideology behind conversion therapy fuels anti-trans legislation. Casey Pick, Director of Law and Policy at the Trevor Project, emphasizes that restricting transgender children's access to healthcare relies on the belief that their gender identity can be changed. This belief, central to conversion therapy, implicitly underpins anti-trans legislation. Earlier this March, the Supreme Court announced it would hear Chiles v. Salazar, a case challenging Colorado’s ban on conversion therapy. The Alliance Defending Freedom, identified as an anti-LGBTQ hate group by , represents the plaintiff, Kathy Chiles, a licensed counselor who claims the ban violates her free speech rights. The U.S. Court of Appeals for the 10th Circuit upheld the ban, citing the harms of conversion therapy and asserting that the law regulates therapists’ conduct. However, the 11th Circuit Court of Appeals has disagreed. In 2020, the court ruled that a ban on conversion therapy infringed upon the free speech rights of therapists, thus halting bans in Alabama, Georgia, and Florida. The Alliance Defending Freedom did not respond to TIME’s request for an interview. Some experts are optimistic about the upcoming Supreme Court case, with a ruling expected in June 2026, viewing it as an opportunity for the court to oppose conversion therapy bans, particularly given the circuit split. Pick notes that disagreements exist among courts that have upheld the bans regarding the legal rationale. She suggests the court may find that prohibiting these dangerous practices aligns with historical regulations of medical conduct. She also points out that conversion therapy bans have received bipartisan support, passing in states with Republican governors. The Trump Administration, however, acted swiftly against the transgender community, passing executive orders limiting their ability to change and access gender-affirming care. Democrats reintroduced a federal conversion therapy ban in 2023, but it did not advance after Republicans gained control of both chambers of Congress. Bronski argues that the goal of both the Administration and Republicans is clear: the attack on transgender people is the beginning of a broader assault on other groups. The "larger project," exemplified by practices like conversion therapy, aims to eradicate queer visibility by forcing individuals to conform to cisgender or straight identities. If you or someone you know may be experiencing a mental-health crisis or contemplating suicide, call or text 988. In emergencies, call 911, or seek care from a local hospital or mental health provider.
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Analyzing the Heartbreaking Conclusion of Weak Hero Class 1
The popular South Korean drama *Weak Hero Class 1* is now available on Netflix prior to the release of its second season. This article will explore the show's heartbreaking conclusion and what viewers can anticipate in the future.
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Atlantic Publishes Signal Messages Detailing Hegseth’s Alleged Plans for Houthi Attacks
WASHINGTON — On Wednesday, The Atlantic published Signal messages exchanged among senior national security officials in the Trump administration, revealing that Defense Secretary Pete Hegseth shared precise details regarding warplane launch times, strike plans, and targets. This information was disseminated before U.S. forces carried out attacks against the Houthis in Yemen earlier this month. This revelation comes after two days of intense scrutiny, during which top Cabinet members from Trump's intelligence and defense agencies struggled to explain how information, deemed classified by current and former U.S. officials, ended up in an unclassified Signal chat that included Atlantic Editor-in-Chief Jeffrey Goldberg. Hegseth has so far declined to comment on whether he shared classified information on Signal, dismissing questions by stating he did not reveal "war plans." He is currently traveling in the Indo-Pacific region. Director of National Intelligence Tulsi Gabbard and CIA Director John Ratcliffe informed the Senate Intelligence Committee on Tuesday that it was Hegseth's responsibility to determine if the information he shared was classified. The revealed details were remarkably specific, including information typically closely guarded to ensure the operational security of military strikes. In the group chat, Hegseth posted: “1215et: F-18s LAUNCH (1st strike package)” “1345: ‘Trigger Based’ F-18 1st Strike Window Starts (Target Terrorist is @ his Known Location so SHOULD BE ON TIME – also, Strike Drones Launch (MQ-9s)” “1410: More F-18s LAUNCH (2nd strike package)” “1415: Strike Drones on Target (THIS IS WHEN THE FIRST BOMBS WILL DEFINITELY DROP, pending earlier ‘Trigger Based’ targets)” “1536 F-18 2nd Strike Starts – also, first sea-based Tomahawks launched.” “MORE TO FOLLOW (per timeline)” “We are currently clean on OPSEC” — that is, operational security. “Godspeed to our Warriors.” Goldberg stated that he contacted the White House to inquire about potential objections to publication. The White House responded that it would prefer he not publish the information. ```
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Drought, Wind, and Hurricane-Felled Trees Fuel Carolinas Wildfires
Wildfires are raging in North and South Carolina, fueled by dry conditions, strong winds, and fallen trees from Hurricane Helene, prompting evacuation orders on Tuesday. According to North Carolina Forest Service spokesperson Bo Dossett, many residents are still recovering from the impact of September's hurricane. Dossett explained that the abundance of downed trees from Hurricane Helene is hindering firefighters' efforts to contain the blazes, adding to the ongoing challenges faced by residents since the fall. He emphasized that this is yet another hardship they are enduring. The National Weather Service issued a red flag warning for parts of the South Carolina Upstate, western North Carolina, and northeast Georgia until Tuesday night, anticipating conditions conducive to rapid wildfire spread due to dry air and winds reaching 10 to 20 mph (16 to 32 kph) with gusts of 25 to 35 mph (40 to 56 kph). Mandatory evacuation orders were issued for 146 properties in rural Polk County, approximately 80 miles (129 kilometers) west of Charlotte, North Carolina, as confirmed by county spokesperson Kellie Cannon. As of Tuesday, three fires in that county and neighboring Henderson County had consumed at least 9.6 square miles (25 square kilometers), with the two largest fires remaining uncontained, according to the forest service. Officials released maps indicating evacuation zones in both counties on Tuesday. The Black Cove Fire is among the largest. While officials have determined that a downed power line ignited that particular fire, the causes of the other two remain under investigation. Henderson County has implemented voluntary evacuation orders and established an emergency shelter. County spokesperson Mike Morgan stated that volunteer fire departments are on standby. Morgan noted that they are prepared to protect homes in areas where the fire may spread, closely monitoring the situation. Two fires are actively burning in the mountains of South Carolina. The fires in Table Rock State Park and nearby Persimmon Ridge have collectively burned 2.3 square miles (5.9 square kilometers), according to the South Carolina Forestry Commission. Officials have attributed both fires to human activity and reported that neither was contained as of Monday night. While no injuries or imminent threats to structures were reported as of Monday night, voluntary evacuations were issued for approximately 100 homes over the weekend. On Tuesday morning, the forestry commission revised an earlier announcement, stating that no evacuations were planned near the Persimmon Ridge Fire. However, residents were strongly encouraged to be prepared to evacuate if advised to do so in the future. The forestry commission emphasized that the weather forecast for the coming days remains a concern, with anticipated low relative humidity and wind speeds that could contribute to further fire spread. North Carolina State University forestry and environmental resources professor Robert Scheller suggests that dry weather combined with the extensive debris of trees toppled by Hurricane Helene last year is contributing to an extended and intense fire season in the Carolinas. Scheller had previously predicted this scenario if dry conditions followed the hurricane. Scheller explained that Hurricane Helene left a substantial amount of combustible material on the ground, and subsequent flash droughts have allowed it to dry out quickly. Despite recent rainfall, much of the Carolinas are currently experiencing abnormally dry conditions or a moderate drought, . ```
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Navigate Conflict: Phrases for a Better Fight With Your Partner
According to Krystal Mazzola Wood, a marriage and family therapist, the key to a loving relationship is knowing how to argue constructively. She advises couples to develop effective communication skills for tense moments. Most people struggle to communicate well when they feel overwhelmed because they go into fight-or-flight mode. Therefore, practicing good communication during conflict is essential for a strong relationship. Having some useful phrases ready can be helpful when disagreements arise. Experts suggest using specific phrases during a fight to help partners reconnect. “You’re right about ___.” Arguments often escalate because couples get caught up in who is right or wrong. People tend to focus on proving their own correctness, which makes the other person feel unheard and defensive. Instead of focusing on proving your point, acknowledge something your partner said that you agree with. This can reduce tension and remind you both that you're a team, says Mazzola Wood. “I’m sorry for ___.” Apologizing for your part in the argument can lead to a quicker resolution. It doesn't mean taking all the blame, but it does show remorse. According to Mazzola Wood, a sincere apology can soften the other person's stance. Be specific and genuine about what you're apologizing for, make eye contact, and speak from the heart. Avoid justifying your actions, downplaying your partner's feelings, or using guilt trips. Also, avoid insincere apologies like "I'm sorry you feel that way" or "I'm sorry, but," as these can be more hurtful than saying nothing. “I hear you saying ___. Did I understand that right?” This technique can shift the conversation from confrontation to connection and understanding, while preventing misunderstandings. Molly Burrets, a couples therapist, explains that it shows your partner you're not just waiting to respond, but are truly interested in understanding their viewpoint. This creates a safe space for vulnerability. When your partner feels listened to, they are less likely to continue arguing, leading to a quicker reconciliation. “What I need is ___.” Being specific about your needs helps move towards a solution instead of dwelling on blame. This could involve stating your expectations, such as your partner taking out the trash on Sundays or helping with the dishes. Mazzola Wood notes that people often expect their partners to read their minds, which leads to resentment. Instead of criticizing or staying silent, providing constructive feedback about what you need can lead to a more favorable outcome. “It’s not me against you—it’s us against this problem.” Psychotherapist Steven Sizemore suggests reframing conflicts as a shared challenge, which encourages collaboration and reduces blame. Using "we" language emphasizes partnership and support. This approach promotes healthy communication and compassionate conflict resolution. “I think we should take a break and come back in 10 minutes.” During heated arguments, clear thinking can be difficult, and the urge to escape might arise. Mazzola Wood cautions against leaving for extended periods without communication or insisting on resolving the issue immediately when neither person is ready. Instead, she recommends taking a short break with an agreed-upon return time. This alleviates anxiety without creating feelings of abandonment. During the break, engage in self-soothing activities like meditation or a warm shower, and avoid dwelling on who is right or wrong. “Thank you for listening.” Acknowledging your partner's effort to listen and understand during a disagreement can help you both feel aligned. Research suggests that happy couples have at least five positive interactions for every negative one during a conflict. This can include gentle nods, open body language, or comments like "thank you for listening," which affirm and positively reinforce your partner. Everyone wants to feel seen, heard, and appreciated by their partner. “Getting back on track with you is my priority.” Many issues will likely recur throughout a relationship. For instance, differing social needs between introverts and extroverts can cause ongoing conflict. Therefore, it's essential to develop skills to navigate these recurring issues. Make it clear that your relationship is the priority, rather than focusing on a specific outcome. Remind your partner that you're a team committed to resolving the issue, which provides reassurance during difficult times, says Mazzola Wood. Wondering what to say in a tricky social situation? Email ```