HONG KONG, Nov 1, 2024 - (ACN Newswire via SeaPRwire.com) - JBM (Healthcare) Limited (“JBM Healthcare” or the “Company”; Stock Code: 2161, together with its subsidiaries, the “Group”), a leading branded healthcare products marketer and distributor in Hong Kong, has today announced a positive profit alert. Based on a preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 September 2024 and the information currently available to the board of directors of the Company, the Group expects to record an increase in the consolidated profit attributable to shareholders for the six months ended 30 September 2024 (“Consolidated Profit”) by not less than 50% as compared to that for the same period last year.The significant increase in Consolidated Profit was primarily driven by the robust sales momentum of the Group’s key brands, notably Ho Chai Kung in the branded medicines segment and Po Chai Pills in the proprietary Chinese medicines segment. This was further supported by the sustained growth of the Group’s concentrated Chinese medicine granules business . This encouraging performance reflects the Group’s effective execution of sales and marketing strategies across both offline and online channels, capitalising on the growth potential of branded consumer healthcare products in the markets of Hong Kong, Macau and cities within the Greater Bay Area.JBM Healthcare has a diversified portfolio spanning branded medicines, proprietary Chinese medicines, and health and wellness products. The Group continues to make progress on its strategic priorities, including expanding e-commerce platforms locally and cross-border, exploring opportunities in traditional Chinese medicines for Hong Kong and the Greater Bay Area, adapting its product mix to consumer trends, leveraging its brand management strengths, and enhancing commercial execution.For details, please refer to the announcement on HKEX.About JBM (Healthcare) Limited (Stock Code: 2161)JBM Healthcare is a Hong Kong-based company that markets and distributes branded healthcare products across Greater China, Southeast Asia, and other select countries. The Group is a distinctive player in the sector with marketing expertise and heritage in pharmaceuticals that prioritises product efficacy and quality to meet consumers' healthcare needs. As a renowned healthcare brand operator in Hong Kong, the Group carries a wide-ranging portfolio of branded healthcare products comprising branded medicines, proprietary Chinese medicines, and health and wellness products, which include well-recognised household brands such as Po Chai Pills, Ho Chai Kung Tji Thung San, Contractubex, Mederma for Kids, Tong Tai Chung Woodlok Oil, Flying Eagle Woodlok Oil, Saplingtan, Shiling Oil and Konsodona Medicated Oil. JBM Healthcare has been a constituent stock of the MSCI Hong Kong Micro Cap Index since 27 May 2021. For more details about JBM Healthcare, please visit: www.jbmhealthcare.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.
HONG KONG, Nov 4, 2024 - (ACN Newswire via SeaPRwire.com) - RVs have become an important means of modern travel and leisure, and have gained increasing popularity worldwide in recent years. There are numerous world-renowned RV brands, and among the RV companies that have already entered the capital market, there are three listed on the US stock market: Thor Industries (THO.US), Winnebago (WGO.US), and Camping World (CWH.US). Among them, Thor Industries has the highest market value and its stock price has risen by nearly 30% since late June this year.Australasia is the third largest RV market in the world after North America and Europe, and is one of the fastest-growing RV markets. New Gonow Recreational Vehicles, founded by the former "Geely Marshal " Miao Xuezhong, occupies a leading position in the market, with its performance, popularity and brand reputation continuing to improve. It is reported that after submitting its application for main board listing to the Hong Kong Stock Exchange in the first half of the year, the Company received a notice of record-filing from the China Securities Regulatory Commission on 9 September, and its IPO plan is proceeding smoothly.The global RV market is thriving, with a diverse landscapeRVs, with the dual functions of "home" and "vehicle", are movable homes that combine "clothing, food, housing, and transportation" in one, which can fully satisfy people's demand for personalized and free travel. Its history can be traced back to the popularity of camping in the United States in the 1920s, and since then, RVs have rapidly become popular all over the world. With its high degree of freedom and flexibility, RV travel has become the choice of more and more travelers.Overall, the global RV market is characterized by fierce competition and a large number of players, with the North American and European RV markets being relatively mature, while the Chinese RV market is still in its early stages. Among the well-known RV companies, Thor Industries, Forest River, Winnebago, and others in the United States have gained widespread recognition from consumers for their excellent design and high-quality manufacturing processes, and have dominant positions in the market.Several well-known brands are distinctive, with Thor Industries known for its innovative product design and global market presence, Winnebago Industries for its high-end RVs and innovative technology, especially in its exploration of the electric RV segment, and Forest River for its reliability and diverse product line. Through continuous technological innovation and market expansion strategies, these brands have steadily maintained their positions at the forefront of the industry. Some well-known local manufacturers in the European RV market include Hymer in Germany, Dethleffs in the Netherlands, and Auto-Trail in the UK. In the Australasian market, well-known RV brands include Jayco, Snowy River, and Regent.In terms of category, RVs can be mainly categorized into two types: towable RVs and motorized RVs. Towable RVs can be further categorized into standard caravans, pop-tops, and camper trailers. According to Frost & Sullivan (the same below), in 2023, the standard caravan was the major segment in the Australasian market, capturing a substantial 72.1% share, up from 67.1% in 2019. New Gonow Recreational Vehicles, which owns well-known brands such as Snowy River and Regent, is the top RV company in the Australasian market and ranked second in terms of sales in the Australasian market in 2023.By accurately positioning itself, New Gonow Recreational Vehicles is able to break through and stand out in the marketDriven by a booming tourism industry and a high number of international visitors, road trips through RVs have become a mature travel method in Australasia. Measured by RV household penetration, Australasia had a remarkable ownership rate of 78.8 RVs per thousand households in 2023, significantly surpassing Europe’s rate of 21.7 and ranking second globally. Tourists traveling in RVs also inject vitality into the economy. It is expected that the total RV in use in Australasia will reach 1,175.0 thousand units in 2028, representing a CAGR of 5.7% from 2024, outpacing the growth in North America and Europe.The Australasia RV market exhibits a relatively concentrated structure, with the top five participants holding approximately 55.4% of the market share in 2023. New Gonow Recreational Vehicles, which primarily manufactures and sells standard caravans, has a significant competitive advantage. As a high-end product in the towable RV market, standard caravans have a higher barrier to entry in terms of technology, and companies that excel in this field tend to have strong manufacturing capabilities, allowing them to innovate and produce high-quality, durable RVs equipped with advanced features and technology, and have a greater chance of competing for market pricing power and increasing brand premiums. New Gonow Recreational Vehicles is undoubtedly a top participant in this market.According to A1 prospectus, the development journey of New Gonow Recreational Vehicles began in 2014. The Company's founder and CEO, Miao Xuezhong, previously served as a senior executive at Geely Automobile, with over 25 years of experience in the automotive industry and extensive management experience. In September 2014, he led the Company to acquire Regent, an Australian RV brand with a history of more than 30 years, thus enabling New Gonow Recreational Vehicles to gradually expand its presence in the RV market and continue to broaden its product portfolio and stand out from the competition.Products are the foundation of survival for RV companies, and New Gonow Recreational Vehicles offers a full spectrum of functionalities and an expansive range of auxiliary services through the design, development, manufacturing, and sales of various bespoke towable RVs. As of 31 December 2023, the Company has successfully mass-produced 39 RV models, which are all standard caravans, spanning seven distinct series under three characteristic brands: the mid-range best-selling brand Snowy River, luxury brand Regent, and semi-off-road brand NEWGEN. With a comprehensive product lineup, New Gonow Recreational Vehicles can meet the full range of demands from entry-level to high-end luxury models.Despite the overall growth of the RV market, competition has become increasingly fierce with more and more brands entering the Australasian market. American brand Jayco has the highest market share, reaching 31.5% in 2023 and holding a leading position. The world's largest RV manufacturers such as Thor Industries and Forest River are also continuously competing for market share. To stay ahead of the competition and achieve further development, it is essential for New Gonow Recreational Vehicles to continuously introduce new products, technologies, and services to improve its competitiveness and market share.Overall, New Gonow Recreational Vehicles' competitive advantages lie in its highly customizable and continuously upgraded range of RV products, strong product development capabilities, excellent manufacturing capabilities, diverse distribution channels, and high brand awareness. After about a decade of development, the Company has launched nine new models under Regent and four new models under Snowy River, as well as upgraded 13 models under Snowy River. At the same time, the Company is gradually improving its dealership network consisting of third-party dealer stores, self-owned stores, official online websites and JV stores.Through its continuous efforts in the value chain of the RV industry, New Gonow Recreational Vehicles has been expanding its customer base in the Australasian market. In 2021, 2022 and 2023, the Company delivered a total of 1,330, 2,127, and 2,694 RVs to customers respectively, with a year-on-year increase of 59.9% and 26.7% in 2022 and 2023 respectively. In early October, at the Melbourne Leisurefest, the largest exhibition in the second half of 2024 in Melbourne, the Company launched its latest Snowy River model, PopTop and concept RV, Vancave, and received a large number of orders.It is also worth mentioning that the Company has also followed the trend of electrification and digitalization development and actively built a sustainable and environmentally friendly path for RV electrification, becoming one of the first RV enterprises to commercialize electric RV solutions and taking the lead in the intelligent transformation of the industry. Currently, the Company is developing a trailblazing model of towable ERV equipped with intelligent technology and autonomous driving system, which is expected to be delivered in Australia by the first quarter of 2025.In terms of financial performance, New Gonow Recreational Vehicles achieved revenues of approximately RMB300 million, RMB499 million and RMB720 million in 2021, 2022, and 2023, respectively, representing a CAGR of 55.0%, with revenues in 2023 being 2.4 times higher than those in 2021. During the same period, the CAGRs of gross profit, net profit and net cash generated from operating activities were approximately 90.1%, 77.2%, and 148.4%, respectively. The impressive profit performance and rapid improvement in liquidity not only demonstrate the Company's successful business model, but also highlight its high-growth performance.New Gonow Recreational Vehicles has already secured a place in the emerging Australasian RV market, which is still relatively small, but its potential is being fully demonstrated. With the huge market opportunity and its attempt to become the "first stock of Chinese RVs", the Company is expected to become a new star in the capital market, attracting more attention from investors. Copyright 2024 ACN Newswire via SeaPRwire.com.
TOKYO, Nov 4, 2024 - (JCN Newswire via SeaPRwire.com) - Asahi Kasei Corporation (Asahi Kasei) and Honda Motor Co., Ltd. (Honda) announced today that the two companies have signed a shareholders’ agreement to convert an existing Asahi Kasei subsidiary in Canada into a joint venture company. This agreement was reached as a result of continued discussions on collaboration for the production of lithium-ion battery separators in Canada based on the basic agreement the two companies announced on April 25, 2024.Configuration for separator production in North AmericaThe two companies plan to convert E-Materials Canada Corporation (E-Materials), a wholly owned subsidiary of an Asahi Kasei subsidiary in Canada, into a joint venture between Asahi Kasei and Honda to be renamed Asahi Kasei Honda Battery Separator Corporation (tentative name). This will be based on Honda Canada Inc., a Honda subsidiary in Canada, acquiring a 25% stake by subscribing to new shares to be issued by E-Materials through a third-party allotment. Honda will invest a total of approximately C$417 million (approximately US$300 million) combining the subscription of new shares and other investment in this joint venture. The two companies will combine each other’s strengths, such as high value-added material technologies and electrification technologies, to produce high-quality separators to be utilized for lithium-ion batteries that will accelerate the realization of high-performance electrified vehicles.The two companies plan to establish and start the operation of the joint venture company in early 2025, subject to obtaining permits and approvals from relevant authorities.Comments by Ryu Taniguchi, President & Representative Director, Asahi Kasei Battery Separator Corp.“At the beginning of October we launched Asahi Kasei Battery Separator as a new company for the Hipore™ separator business to achieve more nimble management for this essential component of lithium-ion batteries. I am confident that we can continue to leverage the technology and experience gained with Hipore™ as well as our global network and diverse personnel to realize innovations in batteries for the future of energy storage. As Honda strives toward the goal of carbon neutrality by 2050, it is building a comprehensive electric vehicle value chain in Canada, where it has a history of conducting business for more than 50 years. Our partnership will not only establish stable supply of separators in North America, together we will enhance battery performance and durability to advance the energy transition through electric vehicles, making an important contribution to sustainability.”About the joint venture company (tentative)- Company name:Asahi Kasei Honda Battery Separator Corporation (tentative)- Location:Port Colborne, Ontario, Canada- Capital:Approximately C$240 million- Investment ratio:75% Asahi Kasei Battery Separator Canada Corporation25% Honda Canada Inc.Outline of the investment by the joint venture company (tentative)Plant overview:Integrated plant for the base film manufacturing and coating of Hipore™ lithium-ion battery separatorTotal investment amount:180 billion yen(with assumed exchange rate of 1 USD=145 yen)Production capacity:Approximately 700 million m2 per year (as coated film)Start of operationsCommercial start-up scheduled in 2027About HondaSince its foundation, Honda has been committed to "creating a society that is useful to people" by utilizing its technologies and ideas. We also focus on environmental responsiveness and traffic safety, and continue to take on the challenge of realizing a sustainable future. For more information, visit https://global.honda/en/.Head Office Contact Information: 2-1-1, Minami-Aoyama, Minato-ku, Tokyo 107-8556, JapanTel: +81-(0)3-3423-1111 (main) Copyright 2024 JCN Newswire via SeaPRwire.com.
Seoul, Korea – November 04, 2024 – (SeaPRwire) – HEROWORKS, a leading Korean hospitality tech company, announced its initiative to expand the global reach of its hotel revenue management systems, ‘DatAmenity’ and ‘REVIE.’
– Launches Review Management Service ‘REVIE’ Following Hotel Revenue Management System ‘DatAmenity’
– Enhances Services through Localization Strategies, Including Multilingual Systems and Development of Local OTA Crawlers
Focusing on the Korean market, HEROWORKS has provided ‘DatAmenity,’ a hotel pricing management service, and ‘REVIE,’ a review management service. Recently, through global data collection, the development of multilingual systems, and the creation of local OTA (Online Travel Agency) crawlers, the company is accelerating the expansion of its solutions, primarily targeting the Asian market.
HEROWORKS has completed the development of English and Vietnamese versions of the DatAmenity service and has finalized the development of the crawler for integration with major Japanese OTA platforms such as IKYU, RAKUTEN, and JALAN. By adding features optimized for each country’s market, HEROWORKS is significantly enhancing its accessibility in the global market.
‘DatAmenity’ is a hotel revenue management solution that collects and analyzes room data from all accommodations listed on OTAs to help set optimal room sale prices. The name combines ‘Data,’ meaning information, and ‘Amenity,’ which hotels provide, signifying HEROWORKS’ provision of data-driven revenue management services to hotels, akin to how hotels offer amenities to their guests.
Critical features of DatAmenity include ‘Managing the Lowest Room Prices for the Hotel,’ ‘Tracking Room Price Fluctuations,’ ‘Comparing and Analyzing Prices with Competitor Hotels,’ and ‘Accessing Weather and Festival/Event Information.’ DatAmenity comprehensively analyzes the lowest room prices, price fluctuations, and comparisons with surrounding hotels listed on OTAs, supporting users in developing optimized room sale strategies. Additionally, by providing information on festivals and events, users can predict tourism season demand and plan package deals linked to events to maximize revenue.
‘REVIE’ is a hotel review management system developed based on positive feedback and additional feature requests for the review management functionality provided by HEROWORKS’ ‘DatAmenity.’
Key features of REVIE include ‘AI-Based Automatic Generation of Review Replies,’ ‘Hotel Review Analysis,’ and ‘Comparison and Market Analysis of Reviews for Selected Hotels.’ The AI-based automatic reply generation supports four languages: Korean, Japanese, English, and Chinese, and can generate replies in two tones: ‘standard’ and ‘friendly.’ Hotel review analysis visualizes frequently mentioned keywords, mention counts, and positivity levels over time in tables or graphs. When a hotel of interest is specified, it allows for comparative analysis with the hotel’s review data.
CEO Lee Chang-ju of HEROWORKS stated, “REVIE was launched in response to requests from field practitioners, and we are proud that it is a service more suitable for hotels’ needs than any other hotel IT solution. Through the REVIE service, we expect to provide qualitative customer feedback and quantitatively analyzed hotel information, which can be utilized in marketing and branding strategies to support effective hotel operations.”
Meanwhile, HEROWORKS is a hospitality tech company that builds automated hotel revenue management systems. By developing and operating phased hotel revenue management solutions, the company aims to enhance the profitability of accommodations and improve customer satisfaction. The company provides solutions that efficiently support necessary tasks across four stages: hotel reservations, lead time, hotel usage, and post-checkout.
Currently, HEROWORKS operates ‘DatAmenity,’ the price management service required in the first stage, and ‘REVIE,’ the review management service needed in the final stage. The company plans to launch AI chatbots and AI marketing services required in the lead time and hotel usage stages, thereby establishing a comprehensive hotel revenue management platform that can enhance hotels’ competitiveness.
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YouTube: https://youtu.be/e1kOthMDeUo?feature=shared
Blog: https://blog.naver.com/datamenity
Media Contact
Brand: HEROWORKS
Contact: Planning & Marketing Team
Email: help@heroworks.co.kr
Website: https://www.heroworks.co.kr
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HONG KONG, Nov 4, 2024 - (ACN Newswire via SeaPRwire.com) - The Guangdong Branch and Shenzhen Branch of the People's Bank of China, the Guangdong Supervision Bureau and the Shenzhen Supervision Bureau of the China Securities Regulatory Commission jointly announced that Guotai Junan Securities has become the first batch of securities companies to participate in the " Cross-boundary Wealth Management Connect" on a pilot basis. At the same time, the Securities & Futures Commission of Hong Kong also announced the list of the first batch of securities companies for the Guangdong-Hong Kong-Macao Greater Bay Area "Cross-boundary Wealth Pilot Scheme" (Cross-boundary Wealth Management Pilot Scheme). Guotai Junan International Holdings Limited (“Guotai Junan International”, “GTJAI”, the “Company” or the “Group”, stock code: 1788.HK) was successfully selected into the first batch of "Cross-border Wealth Management Pilot Scheme" and became the first batch to provide cross-border wealth management services to investors in the Guangdong-Hong Kong-Macao Greater Bay Area as an overseas securities company. In the future, Guotai Junan International will work with its parent company Guotai Junan Securities to provide domestic and foreign investors with full-cycle cross-border financial services such as cross-border wealth management account opening, fund transfer, and product investment.As a bridge between Guotai Junan Securities and high-quality Chinese and global enterprises and capital markets, Guotai Junan International has been based in Hong Kong for nearly 30 years and has been deeply involved in Guangdong, Hong Kong and Macao. It is a pioneer Chinese securities company in wealth management services in Hong Kong. As a leading large-scale comprehensive financial service provider in the industry, Guotai Junan International provides customers with diversified investment products and services, including stock brokerage and consulting, bond and fixed income products, funds and structured products, etc., to meet customers' global asset allocation needs." Cross-boundary Wealth Management Pilot Scheme" is one of the important plans of the capital market interconnection mechanism between the Mainland and Hong Kong and Macau. Qualified investors in the Greater Bay Area will receive more abundant and convenient cross-border investment services. In the future, Guotai Junan International will work closely with its parent company Guotai Junan Securities to further leverage its advantages in wealth management and cross-border finance, commit to promoting the interconnection of financial markets in Guangdong, Hong Kong and Macao, seize new opportunities in the historical development of the Guangdong-Hong Kong-Macao Greater Bay Area, and provide customers with more professional and comprehensive wealth management services. Copyright 2024 ACN Newswire via SeaPRwire.com.
Susono, JAPAN and Santa Cruz, California, Nov 4, 2024 - (JCN Newswire via SeaPRwire.com) - Toyota Motor Corporation (Toyota) and Joby Aviation (Joby) came together at Toyota's Higashi-Fuji Technical Center (Shizuoka, Japan) to assert their collective passion and ambition for air mobility in a gathering that included executives from both companies, Akio Toyoda, the chairman of the Toyota Group, and Joby CEO and founder, JoeBen Bevirt, along with Joby's air taxi, an electric vertical takeoff and landing aircraft (eVTOL*).Since its founding, Toyota has been working to realize a society in which everyone can move freely. About 100 years ago, in 1925, Sakichi Toyoda, founder of the Toyota Group, offered a prize to encourage the development of a storage battery that could provide enough performance "to fly an airplane across the Pacific Ocean." Since then, Toyota has continued to focus on the challenge of air mobility through the generations. Toyota Motor Corporation founder Kiichiro Toyoda also expressed a strong interest in the aircraft business, making prototypes of helicopters and aircraft components. After World War II, among other developments, Dr. Shoichiro Toyoda was involved in the joint development of the world's first electronically controlled aero piston engine with an American company at Toyota's Higashi Fuji Technical Center, which could be described as the birthplace of Toyota's development of air mobility. Today, Sakichi's dream carries on, with batteries seen as a viable source of power for eVTOL.As Toyota transforms into a mobility company, it has been able to work with other great companies like Joby to find new and exciting opportunities. Joby's CEO, JoeBen Bevirt, is driven by his passion and dreams that "look forward to a world where our environmental footprint is smaller, a world where we're able to spend more time with the people and places that matter most to us, without having to worry about traffic jams." Akio Toyoda, chairman of the Toyota Group, has ambitions to bring the freedom of mobility to all people. The two leaders met and began a journey together. The culmination of the efforts of both companies over the last seven years, in which Joby's dream and passion for air mobility as a startup met Toyota's expertise in production processes and technology development, led to Joby's first air taxi exhibition flight overseas in Japan.JoeBen Bevirt, Founder and CEO of Joby (left), Akio Toyoda, Chairman of Toyota Motor Corporation (right)"This is a moment we have been looking forward to for a long time and marks a significant milestone on our journey towards making clean air travel an everyday reality," said JoeBen Bevirt, Founder and CEO of Joby. "We share Toyota's vision for the future of air travel and are honored to have had the opportunity to present a glimpse of that future through our exhibition flight in Japan."Link to full speech script"Air mobility has the potential to change our `sense of distance and time,' and open a future with the new option of air mobility that will further enrich the lives of many people," said Hiroki Nakajima, member of the board and executive vice president of Toyota Motor Corporation. "Toyota is committed to deepening our collaboration with Joby and we will continue to work together to realize our shared dreams."Link to full speech scriptToyota is committed to building on its mobility businesses to deliver mobility for all, and to bring smiles to people's faces. Together, Toyota and Joby will work to realize a future that offers more freedom and prosperity to all.About electric Vertical Take Off and Landing (eVTOL)An eVTOL is a type of aircraft designed for short-range, high-frequency operations suitable for the on-demand air taxi market, which is expected to be utilized by commuters, business travelers, and tourists in urban areas. Combining elements from helicopters, drones, and small aircraft, eVTOLs aim to excel in reliability, environmental performance (zero operating emissions), quiet operation, operational and maintenance costs, enhanced safety features, and more.*Electric Vertical Take-Off and Landing eVTOLAbout Toyota Toyota strives to be a strong corporate citizen, engaging with and earning the trust of its stakeholders, and to contribute to the creation of a prosperous society through all its business operations.Our corporate principles form the basis of our initiatives, reflect values that enable action, and drive our mindset.For the latest Toyota-related news and information:https://tinyurl.com/ToyotaPressReleasenewsroom@global.toyota Copyright 2024 JCN Newswire via SeaPRwire.com.
