Gurgaon, Haryana Aug 20, 2025 – Someonepost has officially launched its free guest blogging hub for writers and businesses, recognizing the importance of quality content and online visibility for brand success. The platform is designed to help both startups and established businesses reach a broader audience through compelling content. This launch is poised to introduce a new trend in the marketing industry, offering writers a valuable space to showcase their skills and businesses a means to enhance their online presence through engaging content. Unlike other guest blogging platforms that impose fees, Someonepost's free platform is generating excitement within the industry. It presents industry experts and marketers with an opportunity to build authority, increase traffic, and foster significant digital connections. Breaking away from traditional models that charge contributors and limit opportunities, Someonepost provides a completely free and easy-to-use platform where creators can publish guest posts and acquire high-quality backlinks for their websites. "Our goal is simple: to offer creators and businesses a platform to share their expertise without financial barriers," stated Mark, co-founder of Someonepost. In the competitive digital marketing landscape, Someonepost allows businesses to maintain an edge by sharing their knowledge and connecting with a larger audience affordably. The platform is already attracting startups, freelancers, and marketers seeking cost-effective ways to amplify their voices, with positive feedback from early adopters. Someonepost's launch redefines guest blogging in digital marketing by delivering an accessible platform for professionals to establish themselves as thought leaders. Key features of Someonepost's guest blogging platform include: Wide Range of Categories: Covering diverse areas like business, technology, lifestyle, and marketing. No Restrictions on Niche & Industry: Welcoming guest blogs from all categories without niche or industry limitations. Wide Range of Audience: Providing a platform with broad audience reach, ensuring maximum exposure and engagement for guest bloggers with readers of diverse backgrounds and interests. 100% Free (No Hidden Cost): The platform is entirely free, enabling businesses to submit guest blogs without any financial concerns. "Someonepost has empowered me to share my insights and expertise with a wide audience that values meaningful content, all without restrictions," shared a user regarding their experience. For further details or to begin sharing your voice, visit.Media ContactOnelane Solution Source :onelane solution ```
TANAKA PRECIOUS METAL GROUP and TANAKA MIRAI Lab. Successfully Carries Out Space Protein Crystallization Experiments
TOKYO, Aug 22, 2025 - (JCN Newswire via SeaPRwire.com) - TANAKA MIRAI Lab., part of TANAKA PRECIOUS METAL GROUP Co., Ltd. (head office: Chuo-ku, Tokyo; Group CEO: Koichiro Tanaka), has developed an experimental unit for space molecular crystallization using Au nanostructure formation technology (patent pending). On April 21, 2025 (local time), the experimental unit was installed in the SpaceX CRS-32, an unmanned commercial resupply spacecraft to the International Space Station (ISS) launched from the Kennedy Space Center in the U.S.Protein crystals formed within the experimental unit installed in the space station (magnified using a polarizing microscope)After installation in the ISS's Columbus science laboratory and one month of observation and experimentation, it safely returned to Earth, where it was confirmed that the experiments involving protein crystallization in space were successful.Significance of the ExperimentProtein crystallization experiments conducted in space are valuable for detailed structural analysis of protein molecules, as they can be carried out in a microgravity environment, eliminating the effects of gravity. Such experiments are expected to make significant contributions to understanding biological functions and advancing drug discovery. However, the success rate of producing crystals remains low, and the high costs along with the limited number of experiments that can be performed continue to pose challenges for space-based research. The experimental unit for space molecular crystallization, developed by TANAKA MIRAI Lab. and utilizing Au nanostructure formation technology, is expected to enable more cost-effective space experiments with superior outcomes. By leveraging protein crystallization technology based on the plasmon resonance (*1) of gold (Au), it can significantly improve the crystal generation rate. This advancement is anticipated to contribute to the elucidation of biological functions and to research in drug discovery.Superiority of “Experimental Unit for Space Molecular Crystallization Using Au Nanostructure Formation Technology”Protein molecules are easily absorbed onto the surface of Au nanoparticles, and plasmon resonance occurs between Au nanoparticles at wavelengths in the visible light range, promoting protein crystallization.TANAKA MIRAI Lab. has discovered that the condensation of light energy between Au nanoparticles further promotes the generation of protein crystal nuclei. In addition, in the microgravity environment of space, crystals of higher quality and larger size than those on the ground are expected to be generated because they are not affected by convection and sedimentation due to gravity.In combination with Au nanostructure formation technology, TANAKA MIRAI Lab. has developed a capillary (cylindrical glass device) (Figure 1) with high crystal generation capabilities (patent pending) for use in the counter-diffusion(*2) method.On the inner wall of the capillary with an inner diameter of 0.5 mm and a length of 5 cm, nano-level particles of Au (average diameter: 20 nm) are aligned at nano-level intervals (average distance between surfaces: 40 nm) that facilitate the generation of plasmon resonance near the surface of Au particles.In addition to conducting experiments in space, which is unaffected by gravity, the use of this unit is expected to dramatically improve the rate of obtaining protein crystals, which had been considered challenging. As a result, it is believed that this unit will contribute to the elucidation of biological functions and the development of drug discovery research.Figure 1: a) Photo of capillary b) Schematic diagram of capillary c) Electron microscope image of inner wallOverview of the ExperimentKirara, a space experiment service supplied by Japan Manned Space Systems Corporation (https://www.jamss.co.jp/en/space_utilization/kirara/), a space experiment consulting company, was used to install the experimental unit for space molecular crystallization using Au nanostructure formation technology in the SpaceX CRS-32 unmanned commercial resupply spacecraft.Specifically, capillaries were filled with protein solution and sealed in a tube (bag) which was stored within the Kirara device (a thermostatic chamber). This unit was then placed in the rocket and launched into space.Timeline of experiments involving protein crystallization in space* All times are U.S. local timesApril 7: Specimens sent from Japan to the U.S.April 13: Specimens arrive in Kennedy Space Center in Florida (U.S.)April 19: Specimens are loaded into Kirara device and placed in rocketApril 21: Kirara device is launched into space on a Space-X Falcon 9 rocket (CRS-32)April 22: Kirara device arrives at International Space Station (the ISS)April 23: Kirara device is installed in the ISS Columbus science laboratoryMay 21: Kirara device is removed from the ISS Columbus science laboratoryMay 25: CRS-32 with Kirara device returns to EarthResults of the ExperimentThe experimental unit for space molecular crystallization using Au nanostructure formation technology was used to successfully crystallize proteins in space (Figure 2).Figure 2: Top) Protein crystals formed in capillaries containing crystallization solution with NaCl concentration of 750 mMBottom) Magnified view of protein crystals taken using polarizing microscopeThe graph below (Figure 3) shows the final results of the protein crystallization experiment performed on the ISS(*3). The horizontal axis represents the concentration of the NaCl in the crystallization solution (mM). The vertical axis represents the average number of crystals that formed in the capillary (crystals per capillary).The blue bars (Au(-)) show the results for capillaries without Au nanostructures, while the red bars (Au(+)) show the results for capillaries with Au nanostructures.As the graph shows, the number of crystals that formed was higher for capillaries with Au nanostructures (the red bars on the graph).Experimental conditions● Capillary conditions: Capillaries with an inner diameter of 0.5 mm were used, and a structure of nano-level particles of Au with a diameter of 20 nm was formed on the inner walls of the capillaries (in the same way as for experiments performed on Earth in advance).● Solution conditions: Lysozyme refined for the space experiment was used as a solvent for protein (25 mg/L). For the crystallization solution, three NaCl concentrations were prepared: 650 mM, 700 mM, and 750 mM. These solutions included an acetic acid buffer (pH 4.5) with a concentration of 50 mM and PEG (4K) 20%.● Crystallization experiment: The counter-diffusion method was used, and the units were kept stationary at a temperature of 20°C in a weightless environment for 34 days, during which the crystallization process was observed.Comments from Researchers Responsible for the ExperimentTakayuki IshibashiChief Researcher, TANAKA MIRAI Lab.Ever since TANAKA MIRAI Lab. was first launched, we've envisioned precious metals as being used in extreme environments. Many projects never get beyond their planning phases, so I'm ecstatic that our first success was with an experiment in space, and that we've been able to exhibit the actual articles used in the experiment in our concept room here within the company. Seeing the proteins that crystallized in space here on Earth, with my own eyes, I felt again the potential for future crystal applications as we work toward the year 2085. We were able to achieve this success thanks to the combined efforts of many people, and I'd like to express my gratitude again to all those involved, both inside and outside the company.Masahiro ItoChief Researcher, TANAKA MIRAI Lab.This space project was a tremendously meaningful one for us, as it represented a great step forward. As a company that deals with precious metals, there have long been expectations for our participation in the space industry, but this was our first time really taking on a challenge in this sector. The project started out of a desire not just to think about things at the conceptual level but to test them out in space. I believe it reflects the spirit of TANAKA MIRAI Lab. — harnessing curiosity to drive our pursuit of creating rare and exceptional value for the future.Figure 4: Left) The experimental unit used in the ISS Right) Replica of the Kirara device(On exhibit in the DOCK2085 concept room at the head office)(*1) Plasmon resonance: A phenomenon in which light of a specific wavelength is absorbed on an Au surface that has been nanoparticulated. It is further enhanced when Au nanoparticles are close together at nano-level spacing.(*2) Counter-diffusion method: One of the protein crystallization methods, in which crystals are obtained by bidirectional diffusion of the protein solution inside the capillary and the crystallization solution outside. During this process, a concentration gradient is generated inside the capillary, which makes it possible to simultaneously search for a wide range of crystallization conditions. In addition, since the protein is not concentrated during crystallization, crystal growth proceeds gently.(*3) While more crystals were generated in the unit with the Au nanostructures, the experiments were performed under a limited number of experimental conditions, so this cannot be concluded to represent a significant difference. Furthermore, the overall number of crystals that were generated was low in comparison to prior experiments performed on Earth. This is believed to be due to a large number of days passing between when the capillaries were filled with solution and when the crystallization began.About TANAKA MIRAI Lab.TANAKA has been advancing a transformation of its overall business toward the year 2085, the 200th anniversary of its founding, with the aim of “creating a future that no one has ever seen before.” As part of this initiative, TANAKA launched TANAKA MIRAI Lab., an organization to lead the creation of new paradigms for a better future—from emergence to realization.TANAKA MIRAI Lab.’s mission is to envision an unseen future and realize various possibilities by conducting research derived from “kisho (precious and rare) value.”About TANAKASince its foundation in 1885, TANAKA has built a portfolio of products to support a diversified range of business uses focused on precious metals. TANAKA is a leader in Japan regarding the volume of precious metals it handles. Over many years, TANAKA has manufactured and sold precious metal products for industry and provided precious metals in such forms as jewelry and assets. As precious metals specialists, all Group companies in Japan and worldwide collaborate on manufacturing, sales, and technology development to offer a full range of products and services. With 5,591 employees, the group's consolidated net sales for the fiscal year ended December 2024 were 846.9 billion yen.TANAKA Industrial Precious Metal Materials Portalhttps://tanaka-preciousmetals.comPress inquiriesTANAKA PRECIOUS METAL GROUP Co., Ltd.https://tanaka-preciousmetals.com/en/inquiries-for-media/Press release: https://www.acnnewswire.com/docs/files/2025821.pdf Copyright 2025 JCN Newswire via SeaPRwire.com.
Lepu Biopharma (2157.HK) announces 2025 interim results
HONG KONG, Aug 21, 2025 - (ACN Newswire via SeaPRwire.com) - Focusing on the field of tumor treatment, innovative biopharmaceutical company Lepu Biopharma Co., Ltd. (Lepu Biopharma or the Company, stock code: 2157.HK) announced its interim results for the first half of 2025. During the reporting period, the Company's business showed strong growth momentum, achieving profitability for the first time. Core product sales and international licensing business progressed in tandem, with multiple ADC pipeline products entering key clinical stages and global commercialization efforts accelerating.Lepu Biopharma is an innovation-driven biopharmaceutical company focusing on oncology therapeutics, in particular, targeted therapy and oncology immunotherapy, with a strong China foundation and global vision. Lepu Biopharma is dedicated to developing innovative ADCs through our comprehensive and advanced ADC technology development platform and we aim to develop optimal and innovative drugs to better serve the unmet medical needs of cancer patients. The Company is committed to continuously developing a market-differentiating pipeline by fully integrating independent innovation capabilities and strategic collaborations. The Company has established and is progressively expanding our internal manufacturing capabilities, driven by the business needs stemming from the upcoming commercialization of our ADC candidates.Currently, Lepu Biopharma has strategically designed our pipeline with a range of oncology products. For clinical-stage candidates, the Company has one clinical/commercialization-stage drug candidate; nine clinical-stage drug candidates, including one co-developed through a joint venture; and three clinical-stage combination therapies of our candidates. One of our drug candidates has obtained marketing approval with respect to two of its targeted indications, with clinical trials for other indications ongoing. Among the nine clinical-stage drug candidates, seven are targeted therapeutics and two are immunotherapeutics, which are an oncolytic virus drug and T cell agonistic antibody.As of the end of the reporting period, Lepu Biopharma has achieved significant milestones in the monetisation of our R&D capabilities through commercialization and BD activities: PUYOUHENG (Pucotenlimab Injection) has completed the full commercialization process and is currently under a rapid sales growth, and four other products, CMG901, MRG007 and two pre-clinical TCE assets have also been licensed out through our BD activities. Notably, CMG901’s global rights have been licensed to AstraZeneca, and MRG007’s rights for regions outside Greater China have been licensed to ArriVent. Two pre-clinical TCE assets have entered into a collaboration with Excalipoint.Revenue scale achieved a 3.5-fold leapfrog growth, with comprehensive improvement in financial indicatorsIn the first half of 2025, the Company made significant progress in advancing its product pipeline and business operations, recording a total revenue of approximately RMB466 million, which was an increase of 350% of the same period in 2024 at RMB133 million. For licensing activities, the Company has recognized approximately RMB309 million in revenue primarily from the out-licensing of MRG007. The Company recorded a revenue of approximately RMB151 million for the sales of PUYOUHENG (Pucotenlimab Injection), marking a significant increase of 58.8% from the sales recorded in the same period in 2024. In addition, the Group recognized approximately RMB6.3 million in revenue for the provision of CDMO services.During the reporting period, the Company achieved profitability for the first time, with a profit of approximately RMB 29.3 million, marking a turnaround from a loss in the same period of 2024. Net cash generated from operating activities was approximately RMB 46.7 million, and cash and cash equivalents increased to approximately RMB 473 million, representing a positive net operating cash flow compared to the same period in 2024. Research and development expenses amounted to approximately RMB 202 million, representing a decrease of 6.6% compared to the same period in 2024. While ensuring the advancement of core pipelines, cost control measures have shown tangible results.The Company actively develops cooperative relationships with various business channel partners. As of June 30, 2025, the Company completed the tendering process on the procurement platform in 28 provinces of the PRC. We have covered approximately 118 cities in the PRC through various sales channels, and we will further expand our sales network.ADC pipeline enters the critical phase with multiple products, potential for combination therapy highlighted, and fruitful international licensing resultsIn the first half of 2025, the Company remained focused on the research and development of its drug candidates, while continuously assessing market demand and competitive landscape relating to the range of oncology therapeutics and the broad spectrum of indications covered by its drug candidates, in order to maximize the competitiveness of its products pipeline. In particular, MRG003 for NPC nears approval and other key drug candidates advance to pivotal clinical stage.MRG003(EGFR-ADCNPC: MRG003 is under NDA review for the treatment of R/M NPC and has also been granted priority review by the CDE of NMPA. The authority is currently proceeding with the clinical and pharmaceutical evaluation of MRG003. The encouraging data of the pivotal Phase IIb clinical study for the treatment of R/M NPC was read out as “late breaking abstract (LBA)” for oral presentation at the ASCO Congress 2025. The Company is also currently conducting the Phase III clinical trial of combination therapy with MRG003 and pucotenlimab on R/M NPC. The encouraging data in phase II clinical trial of combination therapy on R/M NPC will be presented at the ESMO Congress 2025.HNSCC: As of June 30, 2025, the Company is conducting a randomized, open-label, multicenter Phase III clinical study on HNSCC. In terms of combination therapy with MRG003 and pucotenlimab, we are currently conducting the Phase II clinical trial on HNSCC, and the encouraging data in phase II clinical trial will be presented at the ESMO Congress 2025. The European Medicines Agency (EMA) granted Clinical Trial Authorization (CTA) approvals for the Phase II clinical trial targeting LA-SCCHN in June 2025, and the Company will initiate the clinical trial in the second half of 2025.MRG004A (TF-ADC): The Company has completed the Phase I clinical study on solid tumors in China and the encouraging Phase Ib expansion data on PC will be presented at the ESMO Congress 2025. Protocol communication with CDE for the pivotal clinical trial of MRG004A has been completed, and we have entered the Phase III clinical trial stage in August 2025. In addition, MRG004A was granted BTD by the CDE in August 2025, which offers a brand-new treatment option to patients with pancreatic cancer.MRG006A (GPC3-ADC): MRG006A is a GPC3-targeted ADC with FIC potential globally. We received IND clearance from the FDA in January 2025. We are currently advancing Phase I clinical trial in China. In pre-clinical studies, MRG006A resulted in a robust and dose-dependent tumor growth inhibition on multiple CDX models and HCC PDX models. In the meantime, MRG006A also demonstrated good tolerability in the exploratory toxicology study.MRG007 (CDH17-ADC): We received the IND approval from the NMPA in June 2025 and are currently conducting a Phase Ia clinical trial for the treatment of unresectable locally advanced or metastatic solid tumors. MRG007 has shown robust antitumor activity in preclinical models of GI cancers and a favorable therapeutic index based on IND enabling studies. The pre-clinical data of MRG007 was presented at the AACR Annual Meeting in April 2025. In January 2025, the Company entered into an exclusive licensing agreement with ArriVent, pursuant to which the Company has granted ArriVent exclusive rights to develop, manufacture and commercialize MRG007 outside of Greater China. Under the terms of the agreement, the Company is eligible to receive up to US$1.2 billion in total in upfront payment and development, regulatory and sales milestones, together with tiered royalties on net sales. As of June 30, 2025, the upfront payment has been received.CG0070 (Oncolytic virus): CG0070 was granted BTD by the CDE in January 2025. CG0070 is currently in a MRCT Phase III clinical study conducted by the Company’s U.S. partner, CG Oncology. The latest encouraging data observed has been orally presented in the 120th American Urological Association Annual Meeting in April 2025. The Company has completed the Phase I clinical trial in China and are currently engaged in protocol communication with the CDE regarding the domestic bridging pivotal linical trial.Combination therapy layout: As of June 30, 2025, the Company has completed the Phase II trial of combination therapy with MRG002 and pucotenlimab in the treatment of HER2-expressing solid tumors, which has moved to first-line treatment, and protocol communication for phase III clinical trial has been completed. The Company has observed encouraging data on UC. In terms of combination therapy with MRG003 and pucotenlimab, the Company is currently conducting the Phase II clinical trial on HNSCC, which has moved to first-line treatment, and the encouraging data in phase II clinical trial will be presented at the ESMO Congress 2025. The European Medicines Agency (EMA) granted Clinical Trial Authorization (CTA) approvals for the Phase II clinical trial targeting LA-SCCHN in June 2025, and we will initiate the clinical trial in the second half of 2025, which has been moved up to first-line treatment for advanced disease.Preclinical: Laying the groundwork for innovative platforms and innovative targetsThe Company continuously strives to build up and develop novel technology platforms as innovative engines for the Company. The Company has developed multiple innovative linker-payload platforms for ADC drug candidates, including the Hi-TOPi ADC platform and other early-stage platforms. During the reporting period, our innovative ADC platforms have achieved significant progress. Based on these innovation platforms, the Company has generated two ADC candidates, which are MRG006A with global first-in-class potential and MRG007 with global best-in-class potential, all of which have shown encouraging pre-clinical data and received IND approvals in China. Pre-clinical data of MRG007 was presented at the AACR Annual Meeting in April 2025.On August 1, 2025, the Company entered into a licensing transaction for the license-out and/or transfer of certain intellectual property rights relating to two preclinical assets developed by the Company’s proprietary T cell engager-TOPAbody platform with Excalipoint through entering into the Intellectual Property Assignment and License Agreement.The Company shall receive (i) an upfront payment in cash of US$10 million in aggregate, development and commercial milestone payments in cash of up to US$847.5 million in aggregate and sales royalties, holding a 10% interest, marking international recognition of the platform's value.Future Outlook: Accelerating the Commercialization of Core Products and Advancing Global Strategic DevelopmentIn respect of drug R&D, the Company will further focus on advancing strategic research and development priorities in next generation ADC drugs and IO bi/tri specific antibodies, while accelerating the commercialization of late-stage products. For our registrational stage product MRG003, the relevant authority is currently proceeding with the clinical and pharmaceutical evaluation in an orderly manner. The Company will concentrate our resources and endeavour to expedite the approval process. Meanwhile, our other key drug candidates are entering pivotal clinical stages. Protocol communication for the pivotal clinical trial of MRG004A has been completed, and we have entered the Phase III clinical trial stage in August 2025. In addition, we are currently conducting protocol communication with the CDE regarding the domestic pivotal clinical trial of CG0070. The Company will also explore further potential clinical value of our other innovative drug candidates, such as MRG006A and MRG007. Concurrently, the potential efficacy of combination therapies within our pipeline is being continuously explored, with greater clinical benefits striving to be delivered to a broader patient population.In terms of domestic commercialization, the Company will take further actions to enhance the market accessibility of PUYOUHENG (Pucotenlimab Injection), accelerating market penetration at all levels to further increase market share and enhance the Company's brand image and market recognition. At the same time, the Company will commence the preparation process for the commercial launch of MRG003 and continue to expand our marketing and commercialization teams.On the international front, the Company will ramp up our efforts to expand into the global market. We will expand our international network and explore new business development cooperation opportunities. The Company will remain committed to seeking more strategic partners worldwide to develop our ADC products and other innovative candidates through partnerships, licensing agreements, or joint ventures. Copyright 2025 ACN Newswire via SeaPRwire.com.
NEC develops robot control technology using AI to achieve safe, efficient autonomous movement even at sites with many obstacles
TOKYO, August 21, 2025 - (JCN Newswire via SeaPRwire.com) — NEC Corporation (NEC; TSE: 6701) has developed technology that utilizes AI to enable safe, efficient autonomous control of robot movement even in complex environments with many obstacles. NEC’s in-house demonstrations of this technology have confirmed that a robot's travel time can be reduced by up to 50% when compared to conventional methods (*).This new technology utilizes NEC's proprietary AI, which has been trained with the knowledge of multiple AIs, to generate optimal travel paths in real time. NEC aims to commercialize this technology by the end of fiscal 2026.In recent years, automation through the introduction of robots has been progressing in large logistics warehouses and factories due to a decrease in labor forces and the need to improve productivity. However, in existing small- and medium-sized logistics warehouses, where it is difficult to prepare a dedicated environment for robots, and in retail stores, where aisles are narrow and display shelves and products are obstacles, it is difficult to secure paths for robots to move, which has hindered their introduction.Furthermore, in robot control technology, there has been a trade-off between the time required to predict a path and the quality of the estimated path, and it takes time to estimate optimal routes. Therefore, robot control technology has not been practical in complex environments with many obstacles.Features of the robot control technology developed by NEC to address these issues include the following.Proprietary AI that generates optimal routes in real timeTraditionally, autonomous robot navigation in environments with numerous obstacles has relied on a combination of AI technologies and methods that generate paths based on predefined rules and procedures. However, there have been challenges in achieving optimal path generation that balances safety and efficiency. Additionally, while combining multiple AI systems can generate more appropriate paths, increasing the number of AI systems tends to prolong processing time and make real-time control more difficult. NEC has developed a proprietary AI that can learn the paths generated by multiple AI systems and generate multiple paths at once. This enables the generation of safe and efficient optimal paths even in environments with irregularly placed obstacles, thereby realizing real-time robot control.50% reduction in robot travel timeIn simulations on a 50-meter-long test course with randomly placed obstacles, robots using this technology confirmed that the time required to run through the course could be reduced by up to 50% compared to conventional methods. This makes it possible to roughly double the efficiency of robot movement, while ensuring safety and contributing to further improvements in work efficiency on site.(*) Reinforcement Learning-based Dynamic Window Approach (RL-based DWA)About NECThe NEC Group leverages technology to create social value and promote a more sustainable world where everyone has the chance to reach their full potential. NEC Corporation was established in 1899. Today, the NEC Group’s approximately 110,000 employees utilize world-leading AI, security, and communications technologies to solve the most pressing needs of customers and society.For more information, please visit https://www.nec.com, and follow us on Instagram, Facebook, and LinkedIn.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.
Pangaea Connectivity (1473.HK) Join Hands with Mr. Chatchaval Jiaravanon from CP Group Family, Plans to Capture Growing Demand from AI, IoT, and Renewable Energy Technology
EQS Newswire / 21/08/2025 / 09:30 UTC+8 In 2025, the global artificial intelligence (AI) and high-performance computing (HPC) markets continued to see vibrant developments. With AI increasingly integrated into daily lives along with the exponential growth of the digital economy, HPC and ultra-high-speed, low-latency data transmission have become essential to economic development. According to data from the World Economic Forum, the global data center industry is currently valued at US$242.7 billion, and is projected to double to over US$584.0 billion by 2032. Meanwhile, breakthroughs in renewable energy technology not only provide more cost-effective and sustainable power solutions, but also offer strong support to the power needs of data centers and cloud computing. Hence, AI computing, IoT, and renewable energy-related stocks saw a strong rally, with leading companies such as Nvidia (NASDAQ: NVDA), Innolight (300308.SZ), and Constellation Energy (NASDAQ: CEG) all reporting gains towards historical highs. In Hong Kong, the stock market is also home to a number of related stocks, including Pangaea Connectivity (1473.HK). Cutting-edge Technology to Solidify Market Position By integrating cutting-edge technologies and high-performance components, Pangaea Connectivity delivers comprehensive communication solutions across the AI data centers, HPC, green energy, WiFi and IoT, and telecommunication markets. The Company has built a solid market position by leveraging leading technologies such as Linear-drive Pluggable Optics (LPO) and next-generation WiFi and integrating them into practical modules and solutions to deliver ultra-high-speed, energy-efficient, and low-latency data connectivity for applications spanning AI infrastructure, data centers, AIoT, autonomous vehicles, and smart factories etc. On the other hand, the company also developed knowhow in high-power industrial laser processing for solar back-contact (BC) batteries manufacturing. Besides, the high-power laser processing technologies are also revolutionizing printed circuit board (PCB) and semiconductor manufacturing process. Supported by its technological know-how and comprehensive offerings, the company has cemented its position as a driving force in next-generation high performance computing and AI data centers. Looking into its annual report, it is stated that a considerable portion of the company's sales now comes from electronic components used in HPC and data centers. By integrating these components with GPUs into connection modules, customers are able to build AI-optimised HPC servers, satisfying the growing needs of AI solutions. As a result, the company has experienced strong financial growth, with revenue increasing 53.8% year-on-year to record-high HK$2,128.2 million in FY2024/25. The company is also out of the red, reporting a net profit of HK$30.5 million for the financial year. Supported by International Capital and Key Member of the CP Group Family On August 13, the company announced the completion of a placement, placing 199,000,000 shares at HK$0.180 per share and raising approximately HK$35.3 million in net proceeds, which will be mainly used for further business development in AI technology-related areas. A review of the transaction details reveals that one of the notable places, Mile Green Company Limited, will also become one of the major shareholders with 9.3% equity interest. Mile Green is a sustainable energy solution company with dual headquarters in Hong Kong and Thailand. Its ultimate beneficial owners comprise Mr. Chatchaval Jiaravanon (‘‘Mr. Jiaravanon’’), Mr. Maverick Hui and Ms. Gigi Chan. Among the three, Mr. Jiaravanon’s background is particularly noteworthy. He is a core member of the CP family, one of Asia's wealthiest families, as well as the owner of Fortune Media. He is also the founder and chairman of Charoen Energy and Water Asia, a renewable energy company, and Lightnet Group, a cross-border, cross-platform cryptocurrency payment platform. In addition, he has been heavily involved in the investment and development of datacentres and previously served as an Executive Director of True Corporation, one of the largest telecommunications companies in Thailand. Given Mr. Jiaravanon's extensive investments and vast resources across sectors demanding high-frequency data interaction - such as new energy, AI, IoT, and data infrastructure - the collaboration highlights the strategic motivation and potential synergies beyond traditional financial significance, which is expected to have a profound impact on the company’s future development. As the company is also planning to actively expand into Southeast Asia, the addition of Mr. Jiaravanon will also help with its regional expansion plan, while strengthening its grip in the next-generation AI computing and HPC markets. Regarding stock price performance, the company's share price has more than doubled since the announcement of its full-year results and placement on July 23. With the support from international capital, extensive regional network, expansive product offerings, and favorable industry developments, Pangaea Connectivity's long-term performance is nothing but promising. -End- 21/08/2025 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
Sun Hung Kai & Co. Announces 2025 Interim Results
EQS Newswire / 21/08/2025 / 09:00 UTC+8 Attributable Net Profit Surges Over Tenfold to HK$887 million, Driven by Strong Recovery in Investment Management Sun Hung Kai & Co. Limited (Stock Code: 86.HK) (“SHK & Co.” or the “Company”, together with its subsidiaries, the “Group”) announces a significant improvement in its interim results for the six months ended 30 June 2025. Financial Highlights Six months ended Year ended (HK$ Million) Jun 2025 Jun 2024 Change Dec 2024 Total income 2,799.9 1,951.5 43.5% 4,262.3 Pre-tax profit 1,087.4 307.4 253.7% 861.3 Profit attributable to owners of the Company 887.0 75.4 1,076.4% 377.7 Basic earnings per share (HK cents) 45.3 3.9 1,061.5% 19.3 Interim dividend (HK cents) 12.0 12.0 - 14.0* Book value per share (HK$) 11.2 10.7 4.7% 10.8 * Second interim dividend In the first half of 2025, the Group reported a strong performance, driven by positive results across its core business segments of the alternative investment platform. The performance was highlighted by a significant turnaround in its Investment Management business, which saw enhanced returns across its diverse portfolio. The Group's Credit business delivered a resilient performance and remained a solid contributor, successfully navigating a challenging economic environment. Meanwhile, its Funds Management platform continued its strong growth trajectory, marked by a notable expansion in assets under management (“AUM”)^. These collective results underscore the success of the Group's strategic transformation, with its diversified platforms generating increasing synergies and enhancing long-term shareholder value. The Group's pre-tax profit for the period was HK$1,087.4 million (1H2024: HK$307.4 million). Profit attributable to the owners of the Company rose more than tenfold to HK$887.0 million (1H2024: HK$75.4 million). This strong recovery was primarily driven by the Investment Management business, which capitalised on increased exit opportunities and robust valuation gains amid more favourable market sentiment towards China-related assets. Basic earnings per share was HK45.3 cents (1H2024: HK3.9 cents). The Board of Directors (the “Board” or the “Directors”) of the Company declared an interim dividend of HK12 cents per share for the six months ended 30 June 2025, unchanged from the same period last year. During the period, the Company repurchased medium-term notes (“MTN”) totalling US$12.4 million (1H2024: US$27.8 million). Including a decrease in total bank and other borrowings, net gearing ratio was further reduced to 29.6% from 31.2% at the end of 2024. As of 30 June 2025, the Group’s book value per share was HK$11.2, an increase of 3.7% and 4.7% from the end of 2024 (HK$10.8) and 30 June 2024 (HK$10.7) respectively. Segment Performance Pre-tax contribution for the six-months ended Segment assets as at (HK$ million) Jun 2025 Jun 2024 Change Jun 2025 Dec 2024 CREDIT BUSINESS Consumer Finance 374.6 400.3 -6.4% 17,468.8 17,761.5 Mortgage Loans 9.5 25.0 -62.0% 1,734.6 2,155.6 Sub-total 384.1 425.3 -9.7% 19,203.4 19,917.1 INVESTMENT MANAGEMENT# 785.6 (147.5) N/A 16,182.0 14,914.2 FUNDS MANAGEMENT (5.0) 1.3 N/A 22.3 59.6 GMS# (77.3) 28.3 N/A 2,246.2 2,409.2 Total 1,087.4 307.4 253.7% 37,653.9 37,300.1 # Re-represented for the first half of 2024 as we discontinued the cost of capital charging internally by GMS to Investment Management since 1 January 2025, and allocated finance cost between the two segments based on their respective average asset balance. The re-presentation also included the regrouping of gains or losses on foreign exchange hedging instruments to align with the corresponding investment assets’ classification. Investment Management The Investment Management business delivered an investment gain of HK$997.9 million, representing a 6.4% return on average assets for the period. Gains were recorded across nearly all asset classes, led by Private Equity, which contributed HK$582.9 million from valuation appreciation and successful liquidity events. During the period, two of the Group’s direct/co-investments - Jefferson Capital (NASDAQ: JCAP) and Saint Bella (2508.HK) - successfully listed in the US and Hong Kong respectively. The Corporate Holdings portfolio saw a strong rebound, generating gains of HK$303.5 million, driven by strategic positioning in China-related holdings, which benefited from improving investor sentiment. The Hedge Funds maintained its defensive posture amid ongoing market uncertainty and delivered a solid positive return. Special Situations and Structured Credit portfolios gained 4.5% supported by the ongoing recovery of a COVID-era co-investment in the travel sector, alongside robust interest income from debt investments. Funds Management The Funds Management segment delivered strong growth, with total assets under management (“AUM”) ^ reaching a record high of US$2,550 million as of 30 June 2025 (2024: US$2,018 million). This increase was driven by significant net cash inflows of US$434 million and market gains of US$155 million collectively recorded by our Fund Partnerships and FOS & SHKCP Funds. The growth reflects increasing market recognition of the platform, evidenced by the shift in AUM composition, as our balance sheet capital decreased to 15.0% (2024: 20.1%), while external investor capital rising to 85.0% (2024: 79.9%). Notably, one of our Fund Partnerships, ActusRayPartners, which employs an equity market neutral strategy across Europe, Asia and Japan, grew its AUM to over US$1.7 billion. SHK Latitude Alpha Fund, the global Fund of Hedge Funds strategy managed by our in-house team, also recorded solid growth. Both ActusRayPartners and SHK Latitude Alpha Fund were shortlisted and have progressed to the final round of nominations for the HFM APAC Performance Awards 2025, in recognition of their exceptional absolute returns and Sharpe ratios. We also completed a similar growth capital investment into Wentworth Capital, to fund their new debt investment vertical. SHK & Co.’s Family Office Solutions (“FOS”), the multi-family office platform which provides unique access to alternative investments for family offices and ultra-high-net-worth individuals, continued to expand its client base and AUM during the period. FOS enables our clients to diversify their portfolios through institutional-quality investments while pursuing attractive risk-adjusted returns. The platform's growth reflects the growing demand for sophisticated wealth management solutions in the current market environment and the success of our investment teams at picking good opportunities. Strategic Partnerships During the period, SHK & Co. formed a strategic partnership with Mubadala Capital, the asset management arm of Mubadala Investment Company. This partnership combines Mubadala's global private markets expertise with our deep-rooted Greater China presence, creating a powerful platform for client access to premium sovereign wealth fund and co-investment opportunities. Our partnership with GAM Investments is making steady progress alongside their ongoing strategic transformation and enhancement of investment capabilities. We advanced the partnership to provide access to GAM's established European distribution network for our fund products, opening new avenues for growth, including developing synergies with our in-house GPs. Credit Business The Credit business delivered a pre-tax profit of HK$384.1 million. On its consumer finance side, our new credit card business, SIM Credit Card, reached HK$2.4 billion in cumulative transaction volume since its launch, growing over 60% year-on-year during the period. Mortgage Loans business, SHK Credit, adopted a cautious approach to originating new loans amid a declining property market. Since opening our end-to-end mortgage platform to manage institutionally owned portfolios last year, SHK Credit was appointed as the servicer for a US$100 million residential mortgage portfolio in November 2024. In June of this year, SHK Credit was appointed again as the servicer of another US$70 million residential mortgage. The portfolios were acquired by SHK & Co. in partnership with institutional capital, from the developers who intend to divest balance sheet-funded mortgage portfolios and outsource administration and servicing to trusted third-party providers. Mr. Seng Huang LEE, the Group Executive Chairman, said, “Looking ahead to the second half of 2025, we anticipate a challenging environment marked by global uncertainties and geopolitical tensions. These factors will continue to impact asset values and the overall macroeconomic landscape. Despite these headwinds, we remain cautiously optimistic. Our focus remains squarely on capital efficiency, disciplined risk management and operational agility, which are the cornerstones of our resilience. Maintaining a strong balance sheet and ample liquidity remained key priorities, positioning us to invest during any market turbulence and capitalise on opportunities. Having completed the strategic transformation, our diversified and complementary alternative investment platform is increasingly creating synergies, driving recurring revenue growth, and enhancing long-term shareholder value.” For more details of the 2025 interim earnings, please refer to the official announcement. ^ “AUM” refers to the total value of assets managed, advised, distributed or otherwise serviced, including: Assets under management by SHKCP’s Fund Partnerships, which are mainly established with early-stage alternative managers in flexible collaboration models depending on their go-to-market readiness; Assets under management by SHKCP, including funds managed by SHKCP and Family Office Solutions, and assets under advisory and/or dealing arrangement by SHKCP; Ownership-adjusted Assets under management by its strategic alliances, in which SHK & Co. has equity stakes; and Assets under distribution by SHKCP for third party managers. Its methodology for determining AUM reflects its different business lines and is based on its economic interests in the assets and/or the significance of its control. This differs from the methodology for calculating its AUM for regulatory filings. - End - About Sun Hung Kai & Co. Sun Hung Kai & Co. Limited (SEHK: 86) (“SHK & Co.” / the “Company”, together with its subsidiaries, the “Group”) is a leading Hong Kong-based financial institution recognised for its expertise in alternative investments and wealth management. Since 1969, the Company has built a diversified investment portfolio across public markets, credit and alternatives strategies including real estate and private equity, delivering long-term risk-adjusted returns. Leveraging its deep-rooted Asian heritage, SHK & Co. supports and nurtures specialist emerging asset managers in the region, empowering them to excel. SHK & Co. also utilises its long-standing investment expertise and resources in providing tailored investment solutions to like-minded partners and ultra-high-net-worth investors through its Family Office Solutions. As at 30 June 2025, the Group held about HK$37.7 billion in total assets. For more information about SHK & Co., please visit www.shkco.com / follow us on LinkedIn. For media enquiries, please contact: Burson Sidney Leng +852 5443 4320 Caleb Leung +852 9190 1969 Joyce Zhan +852 9142 2528 Email: SHKCo@hkstrategies.com 21/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
[Press Release] Sinopec FY2025 Interim Results
EQS via SeaPRwire.com / 21/08/2025 / 21:00 UTC+8 Press release (For immediate release) Sinopec Announced 2025 Interim Results Recorded Net Profit of RMB 23.75 Billion for the First Half of the Year The Board Approved a New Round of the Share Repurchase Plan (21 August 2025, Beijing, China) China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX: 386; SSE: 600028) today announced its interim results for the six months ended 30 June 2025. Financial Highlights In accordance with IFRS, the Company’s total revenue for the first half of 2025 reached RMB 1.41 trillion. Profit attributable to shareholders of the Company was RMB 23.752 billion; basic earnings per share were RMB 0.196. In accordance with CASs, the Company’s net profit attributable to shareholders of the Company was RMB 21.483 billion; basic earnings per share were RMB 0.177. Net cash flow from operating activities for the first half of 2025 reached RMB 61.016 billion, up by 44.4% year-on-year The Board of Directors has resolved to distribute an interim cash dividend of RMB 0.088 per share (tax inclusive) in accordance with the upper limited of the interim dividend payout ratio stipulated in the “Articles of Association”. In accordance with CASs, the interim dividend payout ratio amounted to 49.7%. Moreover, the Board of Directors has approved a new round of share repurchase plan with an aim of protecting the enterprise value. The Company’s oil and gas output in the first half reached approximately 263 million barrels of oil equivalent, up by 2.0% year-on-year. Natural gas production reached approximately 736.3 billion cubic feet, up by 5.1% year-on-year; refinery throughput was 120 million tonnes; total sales volume of refined oil products was approximately 112 million tonnes; ethylene production was 7.563 million tonnes, up by 16.4% year-on-year. Business Review In the first half of 2025, China’s economy made steady improvement, with GDP increasing by 5.3% year on year. According to the Company’s statistics, the domestic demand for natural gas saw modest growth, with consumption rising by 2.1% year on year. Mainly affected by alternative energy, the domestic consumption of refined oil products declined by 3.6% year on year, among which, gasoline decreased by 4.6% and diesel decreased by 4.3%, while kerosene increased by 4.2%. The domestic demand for major chemical products grew rapidly, with ethylene equivalent consumption up by 10.1% year on year. During the reporting period, international crude oil prices fluctuated with a downward trend. The average spot price of Platts Brent was USD71.7 per barrel, down by 14.7% year on year. Exploration and Production In the first half of 2025, the Company adhered to high-quality exploration and profit-oriented development, and achieved progress in increasing reserves and boosting production. Domestic oil and gas equivalent output reached a record high for the same period. In exploration, major breakthroughs were made in offshore oil and gas and ultra-deep shale gas in the Sichuan Basin. In crude oil development, we accelerated key production capacity construction in Jiyang, Tahe, and West Junggar, and strengthened the construction of the Shengli Jiyang Shale Oil National Demonstration Zone. In natural gas development, we advanced key projects in offshore fields, the Shunbei Area II, and the Xujiahe reservoir in the Sichuan Basin. We also strengthened integration of production, supply, storage, and sales of natural gas, and profit of natural gas industrial chain hit record-high for the same period. In the first half of 2025, oil and gas production of the Company reached 262.81 million barrels, up by 2.0% year on year, among which domestic crude totalled 126.73 million barrels and natural gas amounted to 736.28 billion cubic feet, up by 5.1%. In the first half of 2025, operating revenue of exploration and production segment was RMB144.7 billion, representing a decrease of 5.9% year on year. This change was mainly due to the decreased prices of crude oil and natural gas products. In the first half of 2025, this segment made efforts to increase reserves, boost production and cut costs, accelerated the construction of key crude oil and natural gas production capacities, and strengthened the integration of the whole natural gas industrial chain, but impacted by decrease of crude oil prices, the segment realised an operating profit of RMB23.6 billion, representing a decrease of RMB5.5 billion or 18.9% year on year. Exploration and Production: Summary of Operations Six-month periods ended 30 June Change (%) 2025 2024 Oil and gas production (mmboe) 262.81 257.66 2.0 Crude oil production (mmbbls) 140.04 140.53 (0.3) China 126.73 126.49 0.2 Overseas 13.31 14.04 (5.2) Natural gas production (bcf) 736.28 700.57 5.1 Refining In the first half of 2025, facing severe challenges brought by fluctuation with a downward trend of international oil prices and declining demand for gasoline and diesel, the Company insisted on integrated production and marketing operations, comprehensively optimized utilization rates, and increased profitable processing volumes. By leveraging global resources allocation advantages, we optimized procurement pace and inventory management to reduce crude oil costs. We flexibly adjusted product mix and refined oil products yields and increased jet fuel production. We promoted low-cost “refined oil products to chemical feedstocks” and high-value “refined oil products to refining specialties” strategy, and boosted output of marketable products like high-end carbon materials and lubricating grease. In the first half of 2025, the Company processed 119.97 million tonnes of crude oil, produced 71.40 million tonnes of refined products and 22.06 million tonnes of light chemical feedstock, rising by 11.5% year on year. In the first half of 2025, operating revenues of refining segment were RMB658.3 billion, representing a decrease of 12.2% year on year. This change was mainly due to the decline in refinery throughput and the decreased prices of refined oil products and others year on year. In the first half of 2025, the segment adhered to synergy and optimization of production and marketing, coordinated the procurement pace of crude oil, increased the profitable processing volume and optimised the yield of refined oil products by closely following the market, produced more high value-added products such as high-end carbon materials and LPG, but impacted by the inventory loss caused by continuous decrease of crude oil prices, the segment realised an operating profit of RMB3.5 billion, decreased by RMB3.6 billion or 50.4% year on year. Refining: Summary of Operations Six-month periods ended 30 June Change (%) 2025 2024 Refinery throughput (million tonnes) 119.97 126.69 (5.3) Gasoline, diesel and kerosene production (million tonnes) 71.40 77.30 (7.6) Gasoline (million tonnes) 30.79 32.34 (4.8) Diesel (million tonnes) 24.27 29.31 (17.2) Kerosene (million tonnes) 16.33 15.65 4.3 Light chemical feedstock production (million tonnes) 22.06 19.79 11.5 Note: Includes 100% of the production of domestic joint ventures. Marketing and Distribution In the first half of 2025, facing fierce market competition, the Company fully leveraged its integrated advantages and network strengths to actively transform into a comprehensive energy service provider of petrol, gas, hydrogen, power and service. We vigorously expanded marketing and sales, with the proportion of high-grade gasoline rising continuously. We accelerated the development of gas refueling and EV charging and battery swapping networks, with significant year-on-year growth in automotive LNG operating volume and charging volume, and maintained top position in domestic LNG retail market share. We also promoted the large-scale utilization of hydrogen, with our first overseas hydrogen refueling station commencing operations. The Easy Joy service ecosystem was further enriched to enhance the operating quality of non-fuel business. In the first half of the year, total sales volume of refined products reached 112.14 million tonnes, of which domestic sales accounting for 87.05 million tonnes. In the first half of 2025, the operating revenues of marketing and distribution segment were RMB752.6 billion, decreased by 12.8% year on year. This change was mainly due to decreased consumption of refined oil products and declined prices of refined oil products resulting from decreased crude oil prices. In the first half of 2025, the segment made great effort to expand market and increase sales volume, proactively developed Easy Joy service, EV charging and battery swapping, automotive natural gas and other businesses, but impacted by the inventory loss caused by the decreased crude oil prices and fast development of alternative energy, the segment realised an operating profit of RMB8.0 billion, representing a decrease of RMB6.7 billion or 45.7% year on year. In the first half of 2025, the profit of non-fuel business of this segment was RMB3.09 billion, representing an increase of RMB0.45 billion or 17.0% year on year, among which, the profit of selling convenience store products and providing related services was RMB2.93 billion, increased by RMB0.35 billion year on year. The service fee of EV charging business was RMB0.5 billion, which grew significantly year on year. Marketing and Distribution: Summary of Operations Six-month periods ended 30 June Change (%) 2025 2024 Total sales volume of refined oil products (million tonnes) 112.14 119.01 (5.8) Total domestic sales volume of refined oil products (million tonnes) 87.05 90.14 (3.4) Retail (million tonnes) 54.53 56.96 (4.3) Direct sales and distribution(million tonnes) 32.52 33.18 (2.0) Note: The total sales volume of refined oil products includes the amount of refined oil marketing and trading sales volume. As of 30 June 2025 As of 31 December 2024 Change from the end of last year (%) Total number of Sinopec-branded service stations 31,015 30,987 0.1 Number of convenience stores 28,689 28,648 0.1 Chemicals In the first half of 2025, faced with the continued release of new domestic production capacities and weak chemical margins, the Company vigorously reduced costs and expenses and increased utilization rate with marginal profits. We continued to promote the lightening and diversification of feedstocks, optimized unit operations, and adjusted product mix. Efforts were increased in developing new and high value-added products. Ethylene production reached 7.563 million tonnes in the first half of the year, up by 16.4% year-on-year. We refined marketing strategies and customized product services, and actively expanded domestic and international markets. In the first half of the year, the total operating volume of chemical products reached 40.08 million tonnes with all products sold. In the first half of 2025, the operating revenues of chemicals segment were RMB241.9 billion, down by 6.0% year on year. This change was mainly because the average prices of chemical products decreased by 9.6% year on year resulting from the declining international crude oil prices. In the first half of 2025, the segment closely followed the market changes, optimised the structure of products and operation of facilities, promoted the lightening and diversification of feedstocks, strengthened the integration of industrial chain and the coordination of production, sales, R&D and application efforts, implemented precision marketing, but impacted by the significant increase of capacities, decreased profits of aromatics and other products, and increased maintenance scale of facilities, the segment realised an operating loss of RMB4.2 billion, representing an increase in loss of RMB1.1 billion year on year. Chemical Major Products: Summary of Operations Six-month periods ended 30 June Change (%) 2025 2024 Ethylene (thousand tonnes) 7,563 6,496 16.4 Synthetic resin (thousand tonnes) 11,041 9,784 12.8 Synthetic fiber monomer and polymer (thousand tonnes) 5,437 4,598 18.2 Synthetic fiber (thousand tonnes) 601 633 (5.1) Synthetic rubber (thousand tonnes) 804 678 18.6 Note: Includes 100% of the production of domestic joint ventures. Safety and Health In the first half of 2025, the Company continuously improved the building and operating of HSE management system, enhancing all employees’ HSE awareness and capabilities. We carried out the 2025 Action for Improvement in Work Safety, persistently advanced risk identification and control in key areas along with potential dangers investigation and rectification, and maintained overall safe and clean production. We strengthened occupational disease prevention at the source and focused on the occupational health, physical health, and mental well-being of domestic and overseas employees. Science and Technology Innovation In the first half of 2025, the Company stepped up efforts to secure breakthroughs in core technologies, established national-level innovation platforms in the energy sector, and achieved fruitful results in innovation-driven development. Breakthroughs were made in the heterogeneous composite displacement technology system which significantly improved the recovery rates, and the self-developed Geodrill intelligent drilling software system was successfully developed. We applied needle coke products in large-diameter graphite electrodes and started up our self-developed POE industrial demonstration unit and the 400,000 tonnes per year acrylonitrile unit. We completed the performance and stability tests for seawater hydrogen production pilot plant. The Great Wall AI Model was officially launched, and the iterative development was completed for OPEN, a process simulation software for the petrochemical industry. Capital Expenditures The Company continued optimizing management of projects. In the first half of 2025, total capital expenditure was RMB43.8 billion. Capital expenditure for the exploration and production segment was RMB27.6 billion, mainly for crude oil capacity building in Jiyang and Tahe, natural gas capacity building in Dingshan-Dongxi, and the construction of oil and gas storage and transportation facilities. Capital expenditure for the refining segment was RMB5.5 billion, mainly for the Maoming Refining upgrading and Guangzhou Petrochemical revamping projects. Capital expenditure for the marketing and distribution segment was RMB2.8 billion, mainly for the development of the petrol, gas, hydrogen, power and service integrated energy network, the revamping of the existing marketing network, non-fuel business and other projects. Capital expenditure for the chemical segment was RMB7.3 billion, mainly for ethylene projects in Maoming and Henan and the aromatics project in Jiujiang, etc. Capital expenditure for corporate and others was RMB0.5 billion, mainly for R&D and digitalization projects, etc. Business Outlook For the second half of 2025, China’s economy continues to maintain a momentum of recovery and improvement. The domestic demand for natural gas and chemical products is expected to increase, and that for refined products will be impacted by alternative energy. Taking into account the changes in global supply and demand, geopolitics and inventory levels, more uncertainties exist in changes of international crude oil prices. The Company will prioritize profit generation, technological innovation, transition and upgrading, reform and management to comprehensively promote high-quality development. We will stress on the following aspects: In E&P, the Company will focus on increasing reserve, boosting production and improving profitability, and forge ahead with high quality exploration and profitable development. We will enhance the overall research and joint exploration within the same basin, and strive to increase high-quality and scaled reserves. We will accelerate the oil and gas capacity building in Tahe, Jiyang and offshore fields, and proceed with the fine development in mature oil and gas fields. We will refine the production, supply, storage and marketing of natural gas, diversify and expand the resources, reduce resources costs, and enhance the profitability of the whole industrial chain. Our plan for the second half is to produce 141 million barrels of crude oil and 714.5 billion cubic feet of natural gas. In refining, the Company will coordinate production and sales, and improve the operation efficiency for the industrial chain. We will coordinate the diversification of crude oil resources, dynamically optimize the procurement scale and pace, and reduce procurement costs. We will promote the optimisation of regional resources, adjust product mix and utilization rates with profit orientation, and ramp up jet fuel production. We will continue with the transition of low-cost “refined oil products to chemical feedstocks” and high-value “refined oil products to refining specialties” strategy, strengthen operational scale and profitability of refining intermediate products, by-products, and refining specialties, and build up an industrial chain for high-end carbon material. In the second half, we plan to process 130 million tonnes of crude oil. In marketing and distribution, the Company will fully leverage the advantages of integration, keep optimizing resources by coordinating volume and price, continuously improve the network layout, and vigorously expand the market and increase sales. We will speed up the gas refueling and EV charging and battery swapping network layout, expand electricity business ecosystems, promote hydrogen mobility business, strengthen development of self-owned brands, build China’s largest integrated driver service platform, and accelerate the transition to a comprehensive energy service provider of petrol, gas, hydrogen, power and service. In the second half, we plan to sell 89.80 million tonnes of refined oil products. In chemicals, the Company will adhere to the ‘basic + high-end’ strategy, and raise our competitiveness in the chemical industrial chain. We will coordinate optimization of the feedstock and cut its costs through multiple means. Market oriented, we will improve the production scheduling, maintain high utilization rate of profitable units, and proceed with differentiated development. We will enhance the development of new materials and high value-added products, so as to tap the potential for profit creation. We will innovate our marketing strategies, and promote the strategic customer servicesand tailor-made product development. In the second half, we plan to produce 7.85 million tonnes of ethylene. FINANCIAL DATA AND INDICATORS PREPARED IN ACCORDANCE WITH IFRS ACCOUNTING STANDARDS Principal accounting data Items Six-month period ended 30 June Change over the same period of the preceding year (%) 2025 (RMB million) 2024 (RMB million) Operating profit 33,423 51,021 (34.5) Profit attributable to shareholders of the Company 23,752 37,079 (35.9) Net cash generated from operating activities 61,016 42,269 44.4 As of 30 June 2025 (RMB million) As of 31 December 2024 (RMB million) Change from the end of last year (%) Total equity attributable to shareholders of the Company 824,565 815,815 1.1 Total assets 2,142,807 2,081,440 2.9 Principal financial indicators Items Six-month period ended 30 June Change over the same period of the preceding year (%) 2025 (RMB) 2024 (RMB) Basic earnings per share 0.196 0.307 (36.2) Diluted earnings per share 0.196 0.307 (36.2) Return on capital employed (%) 2.82 4.30 (1.48) percentage points The following table sets forth the operating revenues, operating expenses and operating profit by each segment before elimination of the inter-segment transactions for the periods indicated, and the percentage change between the first half of 2025 and the first half of 2024. Six-month period ended 30 June Change (%) 2025 2024 (RMB million) Exploration and Production Segment Operating revenues 144,656 153,762 (5.9) Operating expenses 121,018 124,614 (2.9) Operating profit 23,638 29,148 (18.9) Refining Segment Operating revenues 658,324 749,665 (12.2) Operating expenses 654,789 742,540 (11.8) Operating profit 3,535 7,125 (50.4) Marketing and Distribution Segment Operating revenues 752,587 863,497 (12.8) Operating expenses 744,628 848,849 (12.3) Operating profit 7,959 14,648 (45.7) Chemicals Segment Operating revenues 241,938 257,251 (6.0) Operating expenses 246,162 260,415 (5.5) Operating loss (4,224) (3,164) — Corporate and Others Operating revenues 662,975 796,568 (16.8) Operating expenses 661,330 792,264 (16.5) Operating profit 1,645 4,304 (61.8) Elimination 870 (1,040) — About Sinopec Corp. Sinopec Corp. is one of the largest integrated energy and chemical companies in China. Its principal operations include the exploration and production, pipeline transportation and sale of petroleum and natural gas; the production, sale, storage and transportation of refinery products, petrochemical products, coal chemical products, synthetic fiber, and other chemical products; the import and export, including an import and export agency business, of petroleum, natural gas, petroleum products, petrochemical and chemical products, and other commodities and technologies; and research, development and application of technologies and information; hydrogen energy business and related services such as hydrogen production, storage, transportation and sales; battery charging and swapping, solar energy, wind energy and other new energy business and related services. Disclaimer This press release includes "forward-looking statements". All statements, other than statements of historical facts that address activities, events or developments that Sinopec Corp. expects or anticipates will or may occur in the future (including but not limited to projections, targets, reserve volume, other estimates and business plans) are forward-looking statements. Sinopec Corp.'s actual results or developments may differ materially from those indicated by these forward-looking statements as a result of various factors and uncertainties, including but not limited to the price fluctuation, possible changes in actual demand, foreign exchange rate, results of oil exploration, estimates of oil and gas reserves, market shares, competition, environmental risks, possible changes to laws, finance and regulations, conditions of the global economy and financial markets, political risks, possible delay of projects, government approval of projects, cost estimates and other factors beyond Sinopec Corp.'s control. In addition, Sinopec Corp. makes the forward-looking statements referred to herein as of today and undertakes no obligation to update these statements. Investor Inquiries: Media Inquiries: Beijing Hong Kong Tel:(86 10) 5996 0028 Tel:(852) 2522 1838 Fax:(86 10) 5996 0386 Fax:(852) 2521 9955 Email:ir@sinopec.com Email:sinopec@prchina.com.hk File: [Press Release] Sinopec FY2025 Interim Results 21/08/2025 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
Qarmet’s Casting and Rolling Complex: A New Chapter in Global Metallurgy
EQS via SeaPRwire.com / 21/08/2025 / 19:23 UTC+8 Temirtau will soon host the construction of a new casting and rolling complex (CRC) — one of Qarmet’s largest investment projects, worth $700 million. The initiative marks a critical stage in Kazakhstan’s industrial development. For the first time not only in the history of the plant, but across Central Asian metallurgy as a whole, the facility will manufacture premium-grade steels for use in the oil, nuclear, and engineering industries. Annual output is projected at four million tonnes of high-quality flat rolled steel. The complex will be built entirely from scratch and equipped with the latest generation of technology.Leadership VisionJens Barth, Qarmet Corporation’s Director of Development, is overseeing the project. Before joining Qarmet, he held senior leadership roles for 25 years at leading international metallurgical and mining companies — including as a board member of Germany’s SMS Group and as Chief Executive of Research & Consulting, also in Germany.Mr Barth, what motivated your move to Kazakhstan and your decision to join the Qarmet team in Temirtau?I was drawn by the scale and ambition of Qarmet’s agenda: not simply to modernise production, but to redefine Kazakhstan’s position on the global metallurgical map. Relocating to Temirtau was a chance not only to witness change but to be part of driving it. Here I see an experienced, dynamic team, strong industrial partners, and a clear mandate for development. Opportunities to make such a lasting contribution to a nation’s industrial history are rare — that is why I am here, ready to apply my knowledge.Strategic RationaleYou are leading the CRC project. Why is this investment essential, and will it truly be a breakthrough for Kazakhstan’s metallurgy?After reviewing the current state of the plant, it became clear that radical change could not be delayed. Operating with technologies from the last century is not an option in today’s competitive landscape. Our drive to position Qarmet at the global forefront is fully aligned with the country’s leadership. President Kassym-Jomart Tokayev has consistently stressed the need to enhance the competitiveness of Kazakhstan’s metallurgy.To achieve this, Qarmet is pursuing a portfolio of ambitious projects: In September 2025, Temirtau’s plant will gain access to natural gas for the first time in its history — the region’s most significant ecological initiative. The switch will expand blast furnace capacity, cut pig iron costs, and raise liquid steel output to six million tonnes. In 2026, a new one-million-tonne rolling mill will come online. By 2027, new coke oven batteries (Nos. 8 and 9), with 1.5 million tonnes annual dry coke capacity, will be launched, alongside a mining and beneficiation complex in Karazhal. Entry into the large-diameter pipe segment is also under review. These steps will allow Kazakhstan to fully cover domestic demand. The CRC project, however, is central to our modernisation strategy. This will be a turning point for Kazakhstan’s metallurgy. Across the Eurasian Economic Union and the CIS, no comparable facilities exist. Most plants still operate on equipment built decades ago. The CRC is next-generation technology — capable of producing premium steels for multiple industries. We are creating a high-tech, environmentally responsible operation able to compete with the best in the world.Technological EdgeWhat distinguishes the CRC from existing rolling mills?Our current rolling lines date back to the mid-20th century. They run on equipment that has long exhausted its lifecycle, requiring constant maintenance. They also remain limited to conventional low-carbon grades of steel, mainly for construction and general use. This restricts both thickness and width — a competitive disadvantage. The CRC resolves these constraints. We aim to roll steel as thin as 0.6 mm in hot rolling, substituting certain cold-rolled products and gaining cost advantages. Similar facilities in Europe and China have already proven this path. We are the first to bring it to Central Asia.How does CRC technology differ from traditional processes?Conventional mills operate with a separated process: slabs are cast at 200 mm thickness, cooled, reheated to 1,200°C in furnaces, then rolled. The CRC casts steel directly into thin slabs at 1,100°C, maintaining temperature via gas or induction furnaces, and sends them straight to rolling. This dramatically cuts energy use, reduces heat loss, and enhances quality. The shorter, continuous cycle delivers more stable metallurgical structures, improved surface finish, and precise geometry.Applications of Premium SteelPremium steels are indispensable where strength, durability, corrosion resistance, and resilience to extreme conditions are critical: Construction: bridges, stadiums, skyscrapers, and Arctic infrastructure. Engineering and transport: truck frames, railcars, vehicle bodies. Toolmaking: cutting tools, dies, and moulds requiring maximum hardness. Oil, gas, and chemicals: pipelines, heat exchangers, and tanks exposed to pressure and corrosive environments. Nuclear energy: reactor vessels, heat-transfer systems, and pipelines made from high-temperature, corrosion-resistant grades. Project TimelineWe have evaluated several design configurations and are working with leading engineering firms — Austria’s Primetals Technologies, Germany’s SMS Group, and Italy’s Danieli. By year-end, we expect to finalise entry into the project, with production to begin in 2027. Commissioning the CRC will mark a milestone in Qarmet’s growth strategy and reinforce our commitment to competing for technological leadership in global metallurgy. 21/08/2025 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
Rust Mobile’s 1st Closed Beta Set for November
SHENZHEN, Aug 20, 2025 - (ACN Newswire via SeaPRwire.com) - Following its highly anticipated global reveal earlier this month, Level Infinite will launch the game's 1st Closed Beta in early November. Players can be the first to get a hands-on with the game this week at gamescom 2025 in Cologne from 20th to 24th August. Rust Mobile delivers a full-scale open-world survival gameplay that millions of fans know and love, optimized for mobile devices.Officially licensed by Facepunch Studios, Rust Mobile stays true to the spirit of the original while introducing a fresh way to survive on the go. From gathering resources and building fortified bases to ruthless PvP combat and the tension of trust and betrayal, the mobile version captures the essence of Rust. Players will have the opportunity to experience all the excitement the game offers firsthand at both gamescom and through the upcoming Closed Beta Test.Rust Mobile at Gamescom 2025Attendees can find the Rust Mobile booth in Hall 06.1 - C-051G, where they'll get hands-on time with the game and take part in activities designed to bring the world of Rust to life. Activities include interacting with themed props, immersing themselves in the booth environment.Every participant will also earn a spin on the Loot Wheel, with the chance to win exclusive Gamescom 2025 memorabilia, including limited-edition posters and tote bags.1st Closed Beta Coming This NovemberRust Mobile's 1st Closed Beta will launch in early November 2025, inviting 30,000 players from North America, Western Europe, and select regions in Asia.The beta will feature four language options English, Japanese, Traditional Chinese, and Thai and will support iOS, Android, and tablet devices, ensuring players can experience the game on their platform of choice.Registration for the Closed Beta Test is now open at www.rustmobile.comFor more information about Rust Mobile or to pre-register, head to rustmobile.com, or follow the game on X, and YouTube. For gamescom opening times visit www.gamescom.global.About Level InfiniteLevel Infinite is Tencent's global games brand, dedicated to delivering engaging and original gaming experiences to a worldwide audience, whenever and wherever they choose to play. The brand also provides a wide range of services and resources to a network of developers and partner studios around the world to help them unlock the potential of their games. Level Infinite is both publisher of breakout hit games like PUBG MOBILE, Honor of Kings and Goddess of Victory: NIKKE and a collaborative partner in games such as Dune: Awakening from Funcom, Warhammer 40K: Darktide and many more. To learn more about Level Infinite, visit www.levelinfinite.comContact InformationKirsty EndfieldSwipe Right PRtencent@swiperight.ggSOURCE: Level Infinite Copyright 2025 ACN Newswire via SeaPRwire.com.
Kingsoft Announces 2025 Interim and Second Quarter Results
FINANCIAL HIGHLIGHTS RMB’000 (Unaudited)Six Months Ended June 30Three Months Ended June 302025202420252024 Revenue4,645,407 4,610,641 2,307,412 2,473,766 - Office software and services2,657,122 2,413,079 1,355,653 1,187,730 - Online games and others1,988,285 2,197,562 951,759 1,286,036 Gross Profit3,772,214 3,782,688 1,853,628 2,042,035 Operating Profit984,111 1,395,615 382,658 794,037 Profit Attributable to Owners of the Parent816,314 677,923 532,440 393,353 Basic Earnings Per Share (RMB)0.60 0.51 0.39 0.29 HONG KONG, Aug 20, 2025 - (ACN Newswire via SeaPRwire.com) - Kingsoft Corporation Limited (“Kingsoft” or the “Company”; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited 2025 interim results and its second quarter results for the period ended 30 June 2025.For the first half of 2025, the revenue of Kingsoft increased by 1% year-on-year to RMB 4,645.4 million. Revenue from the office software and services represented 57% and online games and others represented 43% of total revenue. Gross profit reached RMB 3,772.2 million.For the second quarter of 2025, the Company’s revenue reached RMB 2,307.4 million. Revenue from office software and services and online games and others represented 59% and 41%, respectively, of total revenue for the second quarter of 2025. Gross profit for the second quarter of 2025 was RMB 1,853.6 million.Mr. Jun LEI, Chairman of the Company, commented: “In the second quarter, we advanced core businesses steadily in line with established strategy and firmly positioned for the future. Kingsoft Office focused on ‘AI, collaboration, and internationalization’, continued to strengthen the allocation of R&D resources in related fields, and developed solutions deeply aligned with user scenario needs to sustain competitiveness in the field of intelligent office. The online games business continued advancing content innovation and global expansion, achieving the development of flagship IPs and new game genres.”Mr. Tao ZOU, Chief Executive Officer of the Company, added: “The total revenue for the second quarter amounted to RMB 2,307.4 million, representing a year-on-year decrease of 7%, among which the revenue from the office software and services business was RMB 1,355.7 million, representing a year-on-year increase of 14%. Revenue from the online games and others business was RMB 951.8 million, representing a year-on-year decrease of 26%, primarily due to the high base in the same period last year.”BUSINESS REVIEWOffice Software and ServicesFor the first half of 2025, revenue from the office software and services business increased by 10% year-on-year to RMB 2,657.1 million. The increase was mainly attributable to the growth of WPS individual and WPS 365 businesses of Kingsoft Office. Revenue in the second quarter increased by14% year-on-year to RMB 1,355.7 million.In the second quarter, the office software and services business continued its healthy development. For WPS AI, Kingsoft Office released WPS AI 3.0 and launched the native Office intelligent agent ‘WPS Lingxi’ — the core capability module of WPS AI 3.0. WPS AI 3.0 drove deep integration between AI and office software through bidirectional transformation, achieving native embedding of AI capabilities and deep involvement in office workflows. WPS Lingxi integrated multiple AI functions, marking the transition from tool-based AI applications to collaborative intelligent agents. We also implemented intelligent upgrades to WPS 365 components, and launched messaging, meeting, and email assistants to boost office efficiency.For WPS individual business, Kingsoft Office expanded AI benefits and rolled out new AI products. In overseas markets, we initiated the development of the new WPS International Edition to gradually migrate domestic high-value features. For WPS 365 business, we continuously deepened penetration into industries and scenarios, actively promoted the implementation of AI projects, and engaged in co-creation with key clients to replicate and scale up typical solutions. For WPS software business, we actively participated in the bidding for domestic office software of central and local governments and enterprises. Our products maintained a leading share in both flow layout and fixed layout document software market.Online Games and othersFor the first half of 2025, revenue from online games and others business reached RMB 1,988.3 million, and revenue for the second quarter of 2025 was RMB 951.8 million. In the second quarter, the online games business continued to enrich the brand value of classic JX series and expand into new game genres.During the second quarter, JX3 Online, the flagship IP, maintained engaged player base through consistent content updates and technical optimization. The Fate of Sword: Zero was launched, building upon the core gameplay of the classic JX series IP while introducing innovative explorations. The anime shooter game Snowbreak: Containment Zone sustained its long-term operation, keeping stable user base. The self-developed sci-fi mech game Mecha BREAK commenced its global public beta in July. On its launch day, it topped Steam’s lists for both “Most Played” and “Trending Games,” and earned high scores from several international authoritative gaming outlets like IGN.Additionally, we actively strengthened our collaboration with high-quality overseas IPs, deepening the localized operational capabilities in domestic market. The social deduction game Goose Goose Duck obtained the license approval in June and was expected to launch in the second half of the year. The number of pre-registrations exceeded 5 million, demonstrating its popularity. Cats & Soup: Magic Recipe, the sequel to Cats & Soup, secured its license in May. For the latter half of the year, we will focus on refining the operations of our core titles and continuously optimizing the gaming experience based on players’ feedback.Mr. Jun LEI concluded, “In the coming quarters, Kingsoft Office will continue to increase its R&D investments in AI and collaboration, and promote the implementation of its products and services across a wider range of office scenarios in various industries. The online games business will remain focused on premium games, continue to cultivate its IP franchise, steadily advance its global expansion and achieve long-term operations. We believe that these efforts will strengthen the Group’s core competitiveness and lay a solid foundation to achieve long-term high-quality growth.”About Kingsoft Corporation LimitedKingsoft (3888.HK) is a leading Chinese software and internet service company listed on the Hong Kong Stock Exchange. It has three main subsidiaries: Kingsoft Office, Seasun Holdings and Kingsoft Shiyou. With the implementation of the “transformation toward mobile internet” strategy, Kingsoft has completed a comprehensive transformation in its overall business and management model. The Company has established a strategic layout with office software and interactive entertainment as its pillars, and cloud services and artificial intelligence as its new starting points. Kingsoft has more than 8,000 employees worldwide and holds a significant market share domestically. For more details, please refer to http://www.kingsoft.com.Kingsoft Investor Relations:Li Yinan Tel: (86) 10 6292 7777Email: ir@kingsoft.comFor further queries, please contact Hill and Knowlton:Ovina Zhu Tel: (852) 2894 6315Email: kingsofthk@hkstrategies.com Copyright 2025 ACN Newswire via SeaPRwire.com.
HKTDC Chairman promotes Hong Kong’s business advantages in Thailand
HONG KONG, Aug 20, 2025 - (ACN Newswire via SeaPRwire.com) - To promote Hong Kong’s business advantages and enhance trade and economic cooperation between Hong Kong and Thailand and the wider ASEAN region, Prof Frederick Ma, Chairman of the Hong Kong Trade Development Council (HKTDC), visited Bangkok and met with senior government and business leaders.Prof Ma spoke on a panel at the Singapore Regional Business Forum organised by the Singapore Business Federation. He said, “Businesses are diversifying amid the changing landscape. Asia remains a major engine for economic growth, underpinned by the rise of emerging markets, like ASEAN and the Middle East. China, with its industrial base and vast population, is a stabilising force in an ever-changing world. And Hong Kong, given its superconnector and super value-adder roles, is a dynamic platform linking Mainland China with the world.”Aside from the event, Prof Ma met with Chantawit Tantasith, Deputy Minister of Commerce of Thailand, and Dhanin Chearavanont, Senior Chairman of Charoen Pokphand Group, to exchange views on deepening Hong Kong-Thailand trade and economic cooperation.Prof Ma noted: “Thailand is an important trade and investment partner for Hong Kong. I am delighted that I had the opportunity to exchange insights with the Ministry of Commerce and leading enterprises in Thailand as well as political and business leaders from Singapore to further strengthen the economic ties between Hong Kong and Thailand and the wider ASEAN region.”As a statutory body, the HKTDC promotes, assists and develops Hong Kong’s external trade, while supporting Hong Kong businesses to tap into the opportunities in ASEAN. The HKTDC’s flagship events, such as the Asian Financial Forum and the Belt and Road Summit, serve as ideal platforms to highlight the latest developments and opportunities in Hong Kong as well as the city’s advantages in professional services, while facilitating cross-regional collaboration. Photo Download: http://bit.ly/4lBDJFAHKTDC Chairman Prof Frederick Ma meets with Chantawit Tantasith, Deputy Minister of Commerce of ThailandHKTDC Chairman Prof Frederick Ma meets with Dhanin Chearavanont, Senior Chairman of Charoen Pokphand GroupProf Frederick Ma, Chairman of HKTDC, discusses business resilience in Asia and promotes Hong Kong business advantages at the Singapore Regional Business Forum in BangkokPlease contact the HKTDC’s Communication & Public Affairs Department:Sam HoTel: (852) 2584 4569Email: sam.sy.ho@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 over 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.
Innovative Vaccine Engine Continues to Drive Growth: CanSinoBIO Enters a New Growth Cycle
HONG KONG, Aug 20, 2025 - (ACN Newswire via SeaPRwire.com) - In the first half of 2025, the structural transformation of the pharmaceutical industry continued to deepen. Driven by favorable policies, product upgrades, and technological innovation, the vaccine industry maintained a stable and positive growth momentum. As a leading enterprise in China’s innovative vaccine sector, CanSino Biologics Inc.(688185.SH, 6185.HK; CanSinoBIO) once again delivered a solid performance.According to its 2025 interim report, CanSinoBIO achieved revenue of RMB 382 million in the first half, up 26% from a year earlier, extending its growth streak. Although the company has yet to turn profitable, losses have narrowed significantly, with the reduction exceeding 94% compared to the same period last year. This reflects improved operational quality and lays a solid foundation for steady full-year growth. With core products selling strongly and multiple pipeline programs advancing, CanSinoBIO’s long-term growth story is steadily taking shape.Meningococcal Vaccine Portfolio Continues to Scale, Unlocking Growth DriversCanSinoBIO’s two currently marketed meningococcal conjugate vaccines—the quadrivalent meningococcal conjugate vaccine (MCV4, Menhycia) and the bivalent meningococcal conjugate vaccine (MCV2, Menphecia)—remain the company’s key revenue drivers. In particular, the sustained scaling-up of MCV4 demonstrates strong market competitiveness and is central to CanSinoBIO’s growth narrative.In 2024, Menhycia and Menphecia together generated nearly RMB 800 million in sales revenue, representing year-on-year growth of over 40%. In the first half of 2025, driven by deeper channel penetration and higher terminal market coverage, the sales of both vaccines continued to grow steadily. During the same period, the company’s meningococcal vaccine portfolio generated sales of over RMB 364 million, representing more than 38% year-on-year growth and providing a solid foundation for earnings.As the only MCV4 in China, Menhycia effectively covers four meningococcal serogroups, 'ACYW135', and leverages the high-safety CRM197 carrier protein technology. With outstanding clinical immunogenicity and safety, it has become the preferred choice for many parents seeking meningococcal vaccination for their children.Furthermore, Menhycia’s market potential is still being unlocked. The vaccine has been submitted to the National Medical Products Administration (NMPA) for an expanded age indication—from the current “children aged 3 months to 3 years (47 months)” to “children aged 3 months to 6 years (83 months).” If approved, this will directly broaden its coverage, strengthen penetration in the non-national immunization program market, and inject greater certainty into CanSinoBIO’s growth over the next two to three years, further consolidating the company’s leadership in the meningococcal vaccine field.iPneucia Officially Launched, a New Benchmark for Differentiated Pneumococcal VaccineIn June, CanSinoBIO’s self-developed product — the 13-valent pneumococcal conjugate vaccine (PCV13, iPneucia) — was officially approved for market launch, marking the company’s entry into the RMB 10 billion-plus pneumococcal vaccine market and the beginning of a new growth cycle.Pneumococcal diseases remain a serious global public health concern, with particularly high morbidity and mortality rates among children under five years old. Addressing the remaining immunization gaps in China, the launch of iPneucia fills the domestic technological void in high-end 13-valent pneumococcal conjugate vaccines, demonstrating CanSinoBIO’s leadership in differentiated innovation.Compared with existing competing products in the market, iPneucia achieves breakthroughs in three major dimensions. First, it offers more targeted protection, focusing on four high-risk serotypes—19F, 19A, 7F, and 3 - that together account for over 60% of pneumococcal disease cases among Chinese children. Clinical trial data show that its Geometric Mean Concentration (GMC) of antibodies is significantly higher than that of competing products. Second, in carrier protein technology, it adopts the globally pioneering CRM197+TT dual-carrier technology, overcoming the immune interference limitations of single-carrier vaccines. This both reduces the risk of immune suppression when co-administered with other vaccines and significantly enhances immunogenicity. Finally, in manufacturing safety, iPneucia uses an animal component - free fermentation process, reducing risks associated with animal-derived biological factors. It also employs no formaldehyde detoxification and adds no phenol during production, significantly improving vaccine safety.With these three advantages, iPneucia could potentially become another “ace” for CanSinoBIO in the infant bacterial vaccine market, following Menhycia. Notably, iPneucia shares a highly overlapping target population with Menhycia, creating strong channel synergies that will accelerate commercialization and enable the company to quickly capture market share in the RMB 10 billion-plus pneumococcal vaccine segment.Combination Vaccine Strategy Progresses SteadilyBeyond this, CanSinoBIO’s long-term potential lies in its continued build-out of a “Combination Vaccine” portfolio. Compared with traditional monovalent vaccines, multi-conjugate vaccine and polyvalent vaccine can prevent multiple diseases with a single injection, significantly improving vaccination efficiency and willingness - representing a key global direction in vaccine technology development.Following the quadrivalent vaccine Menhycia and multi-valent vaccine iPneucia, CanSinoBIO’s DTcP-Hib-MCV4 pentavalent vaccine—a representative combination vaccine—has attracted strong market attention. In February this year, it received clinical trial approval, marking a “zero-to-one” breakthrough for the company in the high-end combination vaccine sector.The DTcP-Hib-MCV4 pentavalent vaccine can simultaneously prevent pertussis, diphtheria, tetanus, Haemophilus influenzae type b (Hib) disease, and infection by the four meningococcal serogroups (ACYW135), achieving “protection against five diseases with a single shot”. This significantly reduces the number of injections and improves compliance among infants. More importantly, its core component Menhycia has already undergone commercial validation in China and enjoys a strong reputation, providing robust support for the combination vaccine’s development. This “point-to-surface” product upgrade logic enables CanSinoBIO to advance in the combination vaccine market with greater efficiency and confidence. With the government placing high importance on combination vaccine R&D and offering policy support, CanSinoBIO is well-positioned to capture this high-value market.R&D-Driven Growth with a Clear Product Pipeline and Strong ReservesWhile consolidating its existing market advantages, CanSinoBIO continues to strengthen its mid-to-long-term growth momentum through robust R&D capabilities and differentiated pipeline planning.Its DTcP for infants and young children has entered priority review and is expected to fill a domestic market gap. The Tdcp for people aged 6 years old and above has completed Phase III subject enrollment, enabling full life-cycle immunization coverage. The tetanus vaccine’s registration application has been accepted, and it is expected to offer superior safety and immunogenicity data compared with existing products. The Recombinant Poliomyelitis Vaccine, funded by Gates Foundation, has initiated clinical trials in Indonesia and has also received domestic clinical trial approval. Globally innovative Protein Based Pneumococcal Vaccine (PBPV) and inhaled tuberculosis vaccines have entered clinical research and proof-of-concept validation.The company has now built a rich pipeline covering multiple technology platforms and full life-cycle segments, including meningococcal vaccines, pneumococcal vaccines, diphtheria tetanus pertussis vaccine, polio vaccines, tuberculosis vaccines, and zoster vaccine. Several major products are entering critical stages of registration review or clinical trials. Meanwhile, CanSinoBIO’s continuous breakthroughs in key technology platforms support a strategic shift from reliance on single products to sustained pipeline output.Overall, in the first half of 2025, CanSinoBIO maintained the strong growth momentum seen since 2024, proving that its closed-loop capabilities from product R&D to commercialization have become increasingly mature. Against the backdrop of ongoing national policy support for innovative vaccines and domestic high-end vaccine substitution, CanSinoBIO — leveraging its solid R&D foundation, differentiated pipeline layout, and efficient commercialization execution—is accelerating the realization of its long-term growth potential and moving steadily toward becoming a global leader in innovative vaccines.CanSinoBIO, https://www.cansinotech.com [SSE:688185, HKG:6185, OTC:CASBF] Copyright 2025 ACN Newswire via SeaPRwire.com.
Graphene Manufacturing Group Ltd. Announces Bought Public Offering of Units for Gross Proceeds of C$5 Million
Brisbane, Queensland, Australia--(ACN Newswire via SeaPRwire.com - August 20, 2025) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. ("Red Cloud"), as sole underwriter and bookrunner, pursuant to which Red Cloud has agreed to purchase for resale 5,555,556 units of the Company (each, a "Unit") at a price of C$0.90 per Unit (the "Offering Price") on a "bought deal" basis in a public offering for gross proceeds of approximately C$5,000,000 (the "Underwritten Offering").Each Unit will consist of one common share of the Company (each, a "Unit Share") and one common share purchase warrant (each, a "Warrant"). Each Warrant shall entitle the holder to purchase one common share of the Company (each, a "Warrant Share") at a price of C$1.35 at any time on or before that date which is 36 months after the Closing Date (as herein defined).The Company has granted to the Underwriter an option (the "Over-Allotment Option", and together with the Underwritten Offering, the "Offering"), exercisable, in whole or in part, at any time for a period of up to 30 days after and including the Closing Date, to purchase for resale the number of additional Units equal to up to 15% of the number of Units sold pursuant to the Underwritten Offering at the Offering Price to cover over allotments, if any, and for market stabilization purposes.The net proceeds from the Offering will be used by the Company to fund ongoing operations including, but not limited to, commercial development, product development and working capital.In connection with the Offering, the Company intends to file a prospectus supplement (the "Supplement") to the Company's final short form base shelf prospectus dated March 7, 2025 (the "Shelf Prospectus"), with the securities regulatory authorities in each of the provinces and territories of Canada, except Quebec. The Units may also be sold in the United States on a private placement basis pursuant to one or more exemptions from the registration requirements of the United States Securities Act of 1933, as amended (the "U.S. Securities Act") and in such other jurisdictions outside of Canada and the United States, in each case in accordance with all applicable laws provided that no prospectus, registration statement or similar document is required to be filed in such jurisdiction, and provided the issuance of the Units (including the underlying securities) is permitted under laws applicable to the Company (including the Australian Corporations Act 2001 (Cth).Copies of the Shelf Prospectus and the Supplement to be filed in connection with the Offering can be found on SEDAR+ at www.sedarplus.ca. The Shelf Prospectus contains, and the Supplement will contain, important detailed information about the Company and the Offering. Prospective investors should read the Supplement, the Shelf Prospectus and the other documents the Company has filed on SEDAR+ at www.sedarplus.ca before making an investment decision.The Offering is expected to close on or about September 3rd, 2025 (the "Closing Date"), or on such date as agreed upon between the Company and Red Cloud. The closing of the Offering is subject to the Company receiving all necessary regulatory approvals, including the approval of the TSX Venture Exchange to list, on the Closing Date, the common shares of the Company issuable from the sale of Units as well as upon the exercise of the Warrants.This press release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the U.S. Securities Act, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws.About GMGGMG is an Australian-based clean-technology company, which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in-house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low-cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy saving coating), which is now being marketed into other applications, including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium ion batteries.GMG's 4 critical business objectives are:Produce Graphene and Improve/Scale Cell Production ProcessesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking StatementsThis news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the expected size and terms of the Offering, the anticipated timing of closing the Offering, the ability of the Company to satisfy all conditions to closing the Offering, and the expected use of proceeds from the Offering.Such forward-looking statements are based on a number of assumptions of management, including, without limitation, expectations and assumptions concerning the business objectives of the Company; the Company's ability to carry out current planned capital projects, research and development, manufacturing, production, sales and marketing programs for its graphene and graphene-enhanced products and solutions; that the Company will receive the necessary regulatory approvals for the Offering; use the proceeds from the Offering as anticipated; the Company's performance and general business and economic conditions.Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: the risk that the Company is not able to use the proceeds from the Offering as anticipated by management; the risk that the Company does not receive the requisite regulatory approvals for the Offering; overall economic conditions; technical de-risking and market acceptance for the Company's products and solutions; the introduction of competing technologies or products; stock market volatility; environmental and regulatory requirements; competitive pressures; change in market conditions and other factors that may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied in these forward looking statements; the volatility of global capital markets; political instability; the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel; unexpected development and production challenges; unanticipated costs and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated October 3, 2024 available for review on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws.NOT FOR DISTRIBUTION TO THE U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATESTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/263207 Copyright 2025 ACN Newswire via SeaPRwire.com.
Hengdeli Announces 2025 Interim Results
HONG KONG, Aug 20, 2025 - (ACN Newswire via SeaPRwire.com) - Hengdeli Holdings Limited (“Hengdeli” or the “Company” and, together with its subsidiaries, the “Group”; stock code: 3389) announced its interim results for the six months ended 30 June 2025 ("the period under review"). In the first half of 2025, the global environment remained complex and volatile, with uncertainties such as increasing trade barriers, intensifying trade frictions and continuing geopolitical conflicts weighing on the momentum of global economic growth. Under these pressures, China’s economic growth slowed down but maintained stable amidst multiple domestic and external challenges. Still, the country's economy remained resilient as it carried on with steady and sound development. In the face of a complex and volatile operating environment, the Group has adapted its business to market changes by adhering to the principle of “sound, steady and long-term operations” in order to preserve its market position and pursue new opportunities as well as make every effort to safeguard the interests of its shareholders.During the review period, the Group recorded revenue of RMB314,314,000 (six months ended 30 June 2024: RMB580,361,000), representing a year-on-year decrease of 45.8%; high-end consuming accessories business recorded revenue of RMB248,095,000 (six months ended 30 June 2024: RMB352,339,000), representing a year-on-year decrease of 29.6%; commodity trading revenue amounted to RMB66,219,000 (six months ended 30 June 2024: RMB228,022,000), representing a year-on-year decrease of 71.0%. During the period under review, the Group recorded a profit of RMB26,033,000 (six months ended 30 June 2024: profit of RMB499,000), representing a year-on-year increase of 5,117.0%. Profit attributable to equity shareholders amounted to RMB26,308,000 (six months ended 30 June 2024: loss of RMB2,504,000), representing a year-on-year increase of 1,150.6%. The profit was mainly attributable to foreign exchange gains incurred by the operating units as a result of exchange rate fluctuations.During the period under review, in view of uncertainties in the international market and the slowdown in domestic economic growth, the Group’s high-end consuming accessories business continued to face pressure. The Group has taken various measures to cope with the complicated operating environment, and continued to broaden its business models, acquire new customers and develop new products through innovative approaches. At the same time, the Group has enhanced its technological innovation capabilities, accelerated its mechanization, and standardized and strengthened its information and automation management. All these measures have yielded effective results and improved our ability to cope with risks. During the period under review, the sales performance and profit of the high-end consuming accessories business both recorded year-on-year decreases due to the impact of the operating environment.In terms of international trading, during the period under review, the Group continued to carry out the international commodity trading business in line with its established strategy. The business mainly covers the importation of iron ore, thermal coal and coking coal to Mainland China. Global demand for iron ore grew at a slower pace and prices weakened due to dampening economic prospects as a result of trade frictions. Impacted by fluctuating decline in sales prices of ore sand and weakened customer purchasing intentions, the sales and gross profits of the international commodity trading business decreased as compared to the same period last year but still maintained profitability. The Group planned to establish a bulk cargo transshipment logistics park in Mexico integrating customs clearance, import, transportation and warehousing, and has initiated collaborations with and provided services to multiple large-scale enterprises and listed companies in China. In the second half of the year, the Group will continue to keep abreast of market dynamics, promptly and prudently carry out international commodity trading activities and explore new profit models and future development directions, in order to lay a solid foundation for the Group’s sustainable development.In terms of international shipping, during the period under review, the Group’s international shipping business mainly focused on the global maritime transportation of dry bulk cargo, such as coal, iron ore, manganese ore, bauxite, grain and industrial salt. Our clientele includes internationally renowned mining enterprises and large central state-owned enterprises and listed companies in China. During the period under review, the global dry bulk shipping market was volatile, which affected the freight rates. The Group closely monitored the market conditions, continued to expand its business by developing new customers and signing long voyage transportation contracts with its customers to lock in long-term profits for the Company. In the first half of the year, affected by market fluctuations, both the revenue and profit of the Group’s shipping business recorded a decline.At present, the international political and economic environment is experiencing increased turbulence, with trade barriers and trade frictions worsening. Facing this severe external environment, the economy of Mainland China is also encountering difficulties and challenges, including insufficient demand, sluggish consumption awaiting stimulation, and ongoing structural adjustments. Nevertheless, the economy of Mainland China has a stable foundation, strong resilience and great potential, and the long-term positive development trajectory remains unchanged. With the implementation and refinement of various policies and measures by the Chinese government, we maintain full confidence in the long-term sustainable economic growth of Mainland China.In the second half of the year, the Group will adhere to the principle of “sound, steady, and long-term operations”, and will leverage the stable business environment in Mainland China that “pursues stability while seeking progress” to keep abreast of the market trend and further advance the progress of international trade business prudently and steadily. Additionally, the Group will continuously expand the shipping business, which is closely related to international trade, and strive to become an important participant in the international shipping supply chain, so as to provide support for the breakthroughs in corporate development.The Group will also adapt to changing market demands and continuously enhance its integrated service capabilities in commercial space for both Mainland China and international markets. We will adjust the manufacturing of high-end accessories for renowned watches while promoting a limited number of diversified business activities and expanding high-end consuming accessories manufacturing to other high-end lifestyle products, such as jewellery, eyeglasses, cosmetics, mobile phones and other 3C products. Additionally, we will expand our commercial space beautification services to living space beautification services, thus becoming an indispensable and independent segment in the ecological chain of high-end consuming accessories. Copyright 2025 ACN Newswire via SeaPRwire.com.
Emperor W&J Announces 2025 Interim Results, Revenues from Hong Kong and Mainland China Increase by 9% Respectively
Results Summary- Total revenue increased by 8% to HK$2,800 million, among which the revenue from Hong Kong increased by 9% to HK$1,600 million while the revenue from Mainland China increased by 9% to HK$700 million – both markets recorded growths- Revenue from the jewellery segment increased markedly by 13% to HK$1,100 million, among which gold products accounted for over 75% of the revenue from the jewellery segment- Gross profit rose by 8% to HK$800 million; gross profit margin remained resilient at 30.1%- Adjusted EBITD1 increased to HK$300 million and net profit rose by 5% to HK$200 million- As at 30 June 2025, bank balances and cash on hand amounted to over HK$1,500 million (31 December 2024: HK$950 million), without any bank borrowings and was in a net cash position, hence its net gearing ratio was zero, indicating a very healthy financial position- Successfully partnered with Mr. Chan Sai Cheong, strives to expand the jewellery business in Mainland China under “Emperor Jewellery”, and has already drawn up a preliminary roadmap for store expansions, with an initial target of 600 stores in Mainland China in the next five years; enables the jewellery business to become its future growth driver under the solid foundation of its watch business- Opened a Patek Philippe flagship store at a prime location in Central, Hong Kong, strengthening its market positionHONG KONG, Aug 20, 2025 - (ACN Newswire via SeaPRwire.com) - Emperor Watch & Jewellery Limited (“Group” or “Emperor W&J”) (Stock code: 887), a leading retailer of European-made watches and jewellery products, announced its interim results for the six months ended 30 June 2025 (“Period”).In spite of market uncertainties and challenging business environment, the Group’s total revenue grew by 7.6% to HK$2,794 million (2024: HK$2,597 million) during the Period. Revenue from Hong Kong increased by 8.8% to HK$1,594 million (2024: HK$1,465 million), accounting for 57.1% (2024: 56.4%) of the total revenue, and the revenue from Mainland China increased by 8.7% to HK$723 million (2024: HK$665 million), accounting for 25.9% (2024: 25.6%) of the total revenue. In terms of revenue by product segment, the revenue from the watch segment increased by 4.2% to HK$1,700 million (2024: HK$1,632 million), accounting for 60.8% (2024: 62.8%) of the total revenue, and the revenue from the jewellery segment increased markedly by 13.4% to HK$1,094 million (2024: HK$965 million), accounting for 39.2% (2024: 37.2%) of the total revenue, among which gold products accounted for 75.2% (2024: 77.0%) of the revenue from the jewellery segment.The Group’s gross profit increased by 7.7% to HK$840 million (2024: HK$780 million) with gross profit margin remained resilient at 30.1% (2024: 30.0%). The Group’s net profit increased by 4.9% to HK$194 million (2024: HK$185 million) during the Period. Basic earnings per share was HK2.73 cents (2024: HK2.72 cents). The Board declares an interim dividend of HK0.55 cent (2024: HK0.65 cent) per share.As at 30 June 2025, bank balances and cash on hand of the Group amounted to HK$1,508 million (31 December 2024: HK$950 million), without any bank borrowings (31 December 2024: zero) and was in a net cash position, hence its net gearing ratio was zero (31 December 2024: zero), indicating a healthy financial position.During the Period, the Group successfully partnered with Mr. Chan Sai Cheong (“Mr. Chan”), an influential and highly respected jewellery industry veteran with over 40 years of experience, regarding strategic development of the Group’s jewellery business in Mainland China. The Group has drawn up a preliminary roadmap for store expansions in Mainland China, with an initial target of 600 stores in the next five years, opening in phases. During the first phase, the focus will be on opening stores targeting mid-to-high-end market segments in established first-tier and new first-tier cities; this will be followed by an emphasis on stores in second-tier cities, targeting mid-market segment.As at 30 June 2025, the Group had a total of 73 stores in Hong Kong, Macau, Mainland China, Singapore and Malaysia. During the Period, the Group opened two new jewellery stores, in Hong Kong and Macau. Additionally, a Patek Philippe flagship store and a Tudor watch boutique were opened in Hong Kong and Chongqing in Mainland China, respectively. Subsequent to the Period, the Group opened a jewellery store in Hangzhou, Mainland China.Ms. Cindy Yeung, Chairperson of Emperor W&J, said, “With the ongoing pick-up in foot traffic after the resumption of the multiple-entry Individual Visit Scheme for Shenzhen permanent residents, and the tourism blueprint launched by the Hong Kong government, the Group is confident that the overall retail market will further regain its growth momentum. The Patek Philippe flagship store that was recently opened by the Group in Hong Kong will further enhance the Group’s competitive edge in the luxury watch retail market and strengthens its market leading position.”Ms. Yeung concluded, “The Group expects that gold jewellery, as an alternative form of investment, will continue being well received by Chinese consumers, given the volatile property and stock markets. The Group considers the establishment of the strategic partnership with Mr. Chan is a valuable opportunity for expanding its jewellery business in Mainland China. We will effectively expand its retail network footprint with diversified market segmentation strategies, thereby capturing a substantial share of the enormous opportunities in the Mainland China market.”Financial Highlights For the six months ended 30 JuneChanges2024HK$ million2025HK$ millionTotal revenue2,5972,794+ 7.6%Gross profit780840+ 7.7%Gross profit margin30.0%30.1%+ 0.1ppAdjusted EBITD [1]282297+ 5.3%Net profit185194+ 4.9%Basic earnings per shareHK2.72 centsHK2.73 cents+ 0.4%[1] Adjusted EBITD represents earnings before interest, tax and depreciation charge on the self-owned flagship store, which reflects the Group’s core operating performanceAbout Emperor Watch & Jewellery LimitedWith long establishment history of over 80 years in Hong Kong since 1942, Emperor W&J (887.HK) is a leading retailer principally engages in the sale of European-made internationally renowned watches, and jewellery products under its own brand, “Emperor Jewellery”. Through its comprehensive watch dealership, unique marketing campaigns and extensive retail network at prime locations in Hong Kong, Macau, Mainland China, Singapore and Malaysia, Emperor W&J established a strong brand image amongst its target customers ranging from middle to high income groups worldwide. In recognition of its efforts in investor relations communications, Emperor W&J was granted with “Best IR Company” (Small Cap), “Best IR Team” (Small Cap) and “Best Investor Presentation Material” (Small cap) in HKIRA Investor Relations Awards 2025 by the Hong Kong Investor Relations Association. For more information, please visit its website: www.EmperorWatchJewellery.com.Investor/Media EnquiriesAnna LukGroup Investor Relations DirectorTel: +852 2835 6783Email: annaluk@emperorgroup.comJanice AuGroup Investor Relations ManagerTel: +852 2835 6799Email: janiceau@emperorgroup.com Copyright 2025 ACN Newswire via SeaPRwire.com.
Focus Graphite Provides Update on Patent Application for Advanced Anode Materials Containing Silicon
Novelty and inventiveness confirmed as Focus Graphite moves closer to securing patent for next-generation lithium-ion battery anode materialsOttawa, Ontario--(ACN Newswire via SeaPRwire.com - August 20, 2025) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company") is pleased to provide an update on the status of its patent application entitled "Advanced Anode Materials Comprising Spheroidal Additive-Enhanced Graphite Particles and Process for Making Same" (Canadian patent application No. 3,209,696).The Company reports that no further prior art has been cited in the examination process. The remaining requests for clarification from the examiner are minor in nature, primarily relating to formality issues in the description and figures. Focus is pleased with this outcome and has retained MBM Intellectual Property Law ("MBM") of Ottawa, ON, to prepare and submit claim amendments and expects a positive resolution.In support of its application, Focus has also received the International Preliminary Report on Patentability ("IPRP") issued during the Patent Cooperation Treaty ("PCT"). The IPRP confirmed that the Company's amended claims are both novel and inventive, strengthening the intellectual property protection around Focus' proprietary anode material technology.Additionally, the Company submitted amended claims under the Patent Prosecution Highway ("PPH") for the Canadian case. These amendments, which reduced the number of claims to avoid excess fees, form the basis for the Company's ongoing patent strategy.Dean Hanisch, Chief Executive Officer of Focus Graphite, commented, "This positive progress in our patent application process represents another important milestone in advancing Focus Graphite's downstream strategy. The recognition that our claims are both novel and inventive underscore the uniqueness of our technology and its potential to contribute meaningfully to next-generation lithium-ion battery anode materials."The Company will provide further updates as the application advances.About MBM Intellectual Property LawMBM is an independent, Canadian-owned boutique law firm dedicated exclusively to intellectual property law headquartered in Ottawa. For over 30 years, MBM has provided strategic IP advice and protection for clients ranging from start-ups and universities to multinational corporations. With a diverse team of patent and trademark agents, lawyers, and scientists, MBM manages global patent, trademark, and design portfolios and is recognized for delivering practical, cost-effective solutions. Proudly independent, MBM focuses on building long-term client relationships and maximizing the value of innovation.About Focus Graphite Advanced Materials Inc. Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defense, and advanced materials industries.Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining - we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.Our commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals - reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.For more information on Focus Graphite Inc. please visit http://www.focusgraphite.comInvestors Contact: Dean HanischCEO, Focus Graphite Inc.dhanisch@focusgraphite.com+1 (613) 612-6060Jason LatkowcerVP Corporate Developmentjlatkowcer@focusgraphite.comCautionary Note Regarding Forward-Looking StatementsCertain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated," and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events.In particular, this press release contains forward-looking information regarding, among other things, the anticipated outcome of Focus Graphite's patent application process; the Company's ability to address and resolve the examiner's remaining objections; the expectation of securing patent protection for spheroidal additive-enhanced graphite materials; the potential strategic, commercial, and technological benefits of securing such intellectual property; and the advancement of the Company's downstream strategy to supply advanced graphite materials for lithium-ion batteries in North America and globally.Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company's public disclosure documents available under its profile on SEDAR+.The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/263193 Copyright 2025 ACN Newswire via SeaPRwire.com.
Honda Establishes New Subsidiary in India for Retail Financing Services
TOKYO, Japan, August 20, 2025 - (JCN Newswire via SeaPRwire.com) – Honda Motor Co., Ltd. (Honda) today announced the recent establishment of a new company in India, Honda Finance India Private Ltd., (“Honda Finance India”) that will offer customers retail sales financing services including loans and lease sales options for Honda products in India.In India, where further growth of the motorcycle and automobile markets is expected, the number of customers using loans to purchase motorcycles and cars is also expected to increase. Until now, retail sales financing services in the Indian market have mainly been provided by local financial institutions. However, in light of market trends, Honda will further strengthen its business in India by offering its own sales financing services through a local subsidiary in India.Honda Finance India Private Ltd. will apply for a Non-Banking Financial Company (NBFC) license to conduct financial services business in India. After obtaining the license, the company will begin offering retail sales financing services to help customers finance their purchase of motorcycles, automobiles and services provided by Honda.Financial services business has been one of the main business areas of Honda, and the company has established local subsidiaries specializing in retail sales financing services in Japan and various countries in key regions such as North America, and Europe. With the establishment of the new company, India became the ninth country where Honda has a local subsidiary to offer financial services. Honda will work to establish long-term relationships with customers by offering flexible financial services tailored to the specific needs of customers in each region. Moreover, in anticipation of the global expansion of software-defined vehicle (SDV) sales in the future, Honda is looking into opportunities to offer new financial services designed to increase customer satisfaction and the value of the customer experience using various data from Honda SDVs. With such new services, Honda will further strengthen its financial services business not only in India but across the globe. About the new companyName of the company:Honda Finance India Private Ltd.Established:August 1, 2025Location:Gurugram District, Haryana, IndiaCapital:280 million Indian rupee (INR)Capitalization ratio:100% Honda Motor Co., Ltd.Representative:Kei Yamada, President Copyright 2025 JCN Newswire via SeaPRwire.com.
Collaborate with BNI, JCB Launch the 1st JCB Corporate Card in Indonesia
TOKYO & JAKARTA, Aug 20, 2025 - (JCN Newswire via SeaPRwire.com) - PT Bank Negara Indonesia (Persero) Tbk. (BNI) and PT JCB International Indonesia, a subsidiary of JCB International Co. Ltd., (JCB) proudly announce the launch of the BNI JCB Corporate Card in Indonesia. This premium credit card is thoughtfully designed to meet the diverse needs of Japanese corporations operating in Indonesia, supporting both their business operations and collaborations with local partners.Unveiled during BNI wondrX 2025, the card features an exclusive design inspired by the Tokyo cityscape. The launch event was attended by prominent figures including Masaki Yokawa, President & CEO of JCB International Co. Ltd.; Corina Leyla Karnalies, Consumer Banking Director of BNI; Abu Santosa Sudrajat, Treasury & International Banking Director of BNI; Rian Eriana Kaslan, Network & Retail Funding Director of BNI; and other board members.Masaki Yokawa, President & CEO of JCB International Co. Ltd., said: “The launch of our first corporate card product in Indonesia represents a significant milestone for JCB, as we aim to support the diverse business needs of Japanese companies and their local partners in the market. It also underscores our commitment to serving as a bridge between Japanese and Indonesian businesses, fostering stronger partnerships and enabling mutual growth through our financial services”.Corina Leyla Karnalies, Consumer Banking Director of BNI, added: “In line with the spirit of Be With You Every Step of the Way, corporate cardholders can enjoy various rewards that support their active and productive business activities, including complimentary access to executive lounge at five airports in Indonesia, green fee cashback at selected golf clubs, as well as special dining benefits at selected Japanese restaurants. Additional services include flexible credit limit adjustments, transaction notifications, 24/7 customer service, dedicated corporate PIC support, and assistance with corporate business travel needs through BNI TeleTravel.”As part of JCB's commitment to delivering valuable experiences for cardholders, particularly within the premium segment, BNI JCB Corporate cardholders also gain access to international airport lounges in Japan and other countries and territories. Additionally, they may enjoy exclusive benefits such as the Japan Dining Festival program in Indonesia. Looking ahead, JCB plans to introduce further programs and services designed to support the business growth of corporate cardholders.About BNI JCB Corporate CardThe card features a design inspired by the city of Tokyo, with a rising sun in the background symbolizing optimism and hope, reflecting a positive outlook for the future and a spirit of continuous growth.Companies can apply through the nearest BNI branch office, via the application link below, or a Relationship Manager via the Japan Desk.Application link: https://applycreditcard.bni.co.id/jcbcard?link_id=id_bni_jcbcard About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 56 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 169 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: https://www.global.jcb/en/ContactAnna TakedaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@info.jcb.co.jp Copyright 2025 JCN Newswire via SeaPRwire.com.
NEC collaborates with WFP to strengthen cooperative development in Africa
Tokyo, Japan, August 20, 2025 - (JCN Newswire via SeaPRwire.com) — NEC Corporation (NEC; TSE: 6701) today announced a Memorandum of Cooperation (MOC) with the United Nations World Food Programme (WFP) to strengthen collaborative development assistance in Africa, coinciding with the 9th Tokyo International Conference on African Development (TICAD 9). This will contribute to the aims of both parties to achieve the 2030 Agenda for Sustainable Development through innovative and efficient technology-enabled assistance, particularly in the areas of agriculture and global health/nutrition.WFP Executive Director, Cindy McCain (left) and NEC Corporate Senior Executive Vice President and CGAO, Shigehiro Tanaka (right)WFP, established in 1961, is a humanitarian aid agency of the United Nations whose mission is to eradicate world hunger by providing emergency food aid and development assistance in response to natural disasters and conflicts. Its activities are financed by contributions from national governments and donations from private organizations and individuals, and in 2024 it delivered food to approximately 124 million people.In recent years, the number of those in need of assistance has been increasing due to issues that include international conflicts, disasters, and pandemics, which pose serious challenges to achieving the United Nations Sustainable Development Goals (SDGs). WFP is working globally to create a world without hunger, and in order to achieve this goal with limited resources, it is essential to capitalize on technology that enhances the efficiency and effectiveness of assistance.WFP and NEC have launched initiatives for the monitoring of farmland in Ethiopia and Zambia, using the agricultural ICT platform "CropScope" (*1), and also collaborated to improve maternal and child nutrition in Ghana through the use of a digital health checkup mobile application (*2).Now, through the conclusion of this MOC, the organizations will contribute to building a more resilient and inclusive society by strengthening their collaboration mainly in the fields of agriculture and global health/nutrition, enhancing the functionality of CropScope and the digital health checkup mobile application, and utilizing various technologies to ensure sustainable development and to achieve the SDGs in Africa.Moreover, NEC will participate in the 9th Tokyo International Conference on African Development (TICAD 9) (*3) at Pacifico Yokohama in Yokohama, Japan, from August 20 (Wed.) to 22 (Fri.), 2025. During the event, NEC will hold seminars and exhibitions on agriculture and global health at the "TICAD Business Expo and Conference" and at the Japan Fair (*4)."We are pleased to strengthen our collaboration with WFP toward ensuring sustainable development in Africa. We are confident that, through this MOC, we can further create social value by co-creating with WFP and leveraging our expertise in technology."- Takayuki Morita, President and Chief Executive Officer, NEC(*1)Smart farming management | NEC(*2)Ajinomoto, Sysmex, and NEC improve maternal and child health and nutrition in Ghana: Press Releases | NEC(*3)The 9th Tokyo International Conference on African Development (TICAD 9)https://www.mofa.go.jp/region/africa/ticad/ticad9/index.html(*4)NEC to participate in "TICAD Business Expo and Conference" and thematic events for TICAD 9https://www.nec.com/en/press/202508/global_20250805_03.htmlAbout 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.
Israel Mobilizes 60,000 Reservists Amid Tel Aviv Protests Demanding End to Gaza War
The Israeli military announced on Wednesday that 60,000 reservists have been mobilized for active duty. An additional 20,000 reservists will see their tours of duty prolonged as part of what officials refer to as Operation Gideon's Chariots, the codename for Israel’s strategy to broaden its military offensive in the Gaza Strip. The introduction of this new war plan has been met with various international responses, including Germany halting all of its arms sales to Israel. Widespread demonstrations have occurred across Israel, urging a cessation of the Israel-Hamas conflict and an agreement to facilitate the release of hostages held within the territory. The Hostages and Missing Families Forum, organizers of the “Israel on Hold” protests, participated in nationwide demonstrations on Sunday. According to the forum, nearly 500,000 demonstrators convened in Tel Aviv’s Hostage Square. The Israel-Hamas war began following a terror attack by Hamas on Israel on October 7, 2023, which resulted in over 1,200 deaths and approximately 250 individuals taken hostage. Of these estimated 250 hostages, 140 have been freed via negotiations, eight were rescued, and the remains of 57 who perished in captivity or during rescue efforts have been retrieved. An estimated 20 living hostages are believed to remain in the custody of Hamas and other militant groups. More than 62,000 Palestinians have died since the conflict commenced, as reported by the Gaza Ministry of Health. Lacking independent on-the-ground monitoring, the ministry serves as the main provider of casualty figures, which are utilized by humanitarian organizations, journalists, and international entities. Its reported numbers do not distinguish between civilians and combatants and cannot be independently substantiated by TIME. During a military briefing provided to TIME on Wednesday, an official from the IDF (Israel Defense Forces) stated that the recently mobilized reservists are slated for conscription in September, and the subsequent stage of the operation within Gaza City will be submitted to the “political echelon” for endorsement. A military official remarked, “Over the next few weeks, we anticipate the IDF commencing a phased operation in and surrounding Gaza City.” Israel’s security cabinet endorsed new strategies proposed by Prime Minister Benjamin Netanyahu on August 8 to establish full military control in Gaza. The broadening of Operation Gideon’s Chariots, the renewed Israeli offensive in Gaza that commenced in May, could culminate in the occupation of the entire territory. The IDF has already established military positions surrounding Gaza City. IDF spokesperson Avichay Adraee stated, “The civilian population in the combat zone has been advised and asked to relocate southward for their security and to reduce the potential for harm to non-combatants.” Israel’s decision to call up reservists coincides with international organizations expressing apprehension regarding the worsening humanitarian situation and increased displacement within Gaza. The International Committee for the Red Cross (ICRC) has cautioned that an escalation in military activities could jeopardize an “already disastrous” situation. “Given that over 80% of Gaza has already been affected by evacuation directives, it is inconceivable that civilians could be forced to relocate to an even more confined space… Following months of continuous hostilities and successive displacements, the populace in Gaza is completely fatigued,” the ICRC stated on Wednesday. The United Nations asserts that any intentions to broaden operations in Gaza would place immense burdens “on people already exhausted, malnourished, bereaved, displaced, and deprived of essentials required for survival.” The Latin Patriarchate of Jerusalem, which oversees Catholic communities in Gaza, declared it is “diligently observing the swiftly changing circumstances in Gaza City, especially considering recent policy decisions and the ongoing military buildup indicative of an impending invasion.” In a statement provided to TIME, a spokesperson for the patriarchate indicated that members of the Gaza church have conveyed reports that “the noise and effects of bombardments are approaching alarmingly near the parish compound itself.” Concurrently, advocacy organizations have also voiced their disapproval of Israel’s newly approved West Bank settlement plans, which gained final authorization on Wednesday. Promoted by Finance Minister Bezalel Smotrich, the project, which had been deferred for decades due to international apprehensions, would geographically isolate the territory by severing the West Bank from East Jerusalem. Israeli advocacy group Peace Now has stated that the “government’s annexation efforts” are “ensuring numerous additional years of conflict.” Smotrich, along with fellow far-right Israeli minister Itamar Ben-Gvir, was sanctioned by the U.K. and its allies in May. He faced accusations of “inciting extremist violence and severe infringements of Palestinian human rights.”














