HONG KONG, Mar 26, 2025 - (ACN Newswire via SeaPRwire.com) - The findings of the 1Q25 HKTDC Export Confidence Index showed confidence among Hong Kong exporters has risen moderately, despite the sizable tariff hikes imposed by the US on its trading partners around the world.In specific terms, the Current Performance Index (a measure of actual performance for the quarter in question) rose by 1.8 points to 52.1. Equally reassuringly, the Expectation Index (a measure of confidence in likely performance in the coming quarter) was up by 1.0 points to 51.0. Both readings were above the watermark level of 50, which can be taken as confirming general optimism with regard to future export prospects.Given the likely impact of the series of higher tariffs imposed by the US in the last two months, the HKTDC has slightly adjusted its 2025 Hong Kong export growth forecast from 4% to 3%. There remains a downside risk to the forecast given the uncertainty over any future escalation in global trade tension.Commenting on the revised forecast and the 1Q25 findings, Irina Fan, Director of HKTDC Research, said: “It’s a testament to the resilience of Hong Kong’s export sector that growth is still indicated. While export business may be growing at a moderately slower rate than had been initially anticipated, there are still many reasons to be optimistic.”“This is partly down to the agility and flexibility many Hong Kong exporters have demonstrated in terms of strategies for future-proofing their business activities.”From the findings of the 1Q25 survey, it is clear a range of strategies, including diversifying sourcing, expanding into new markets and the relocation of production lines, have been very much front-of-mind for many of Hong Kong’s export-oriented businesses. These moves, it is believed, will help enterprises mitigate the adverse effects of any current or future protectionist measures.Overall, despite a more challenging global trade backdrop, it was encouraging to note the majority of survey respondents (75.4%) remained confident their 2025 net profit margins would either rise or remain stable. This was notably higher than the 72.1% of respondents expressing the same sentiment in 4Q24, while also being the highest such figure for 12 months.In terms of market prospects, uncertainties over its trading stance have inevitably clouded the general views of the US. Tellingly, the Current Performance figure for the country was 47.8, with its 3.1 point quarter-on-quarter decline taking it below the watermark level of 50 for the first time in 12 months.Exporter sentiment, however, remained largely positive when looking beyond the US market, particularly with reference to Mainland China, the EU and the ASEAN bloc. In all, the Current Performance Index reading for Mainland China was up 6.7 points to 59.0 (compared to 4Q24) while the comparable finding for the EU was up 3.8 points to 50.1. The reading for the ASEAN bloc (56.4), meanwhile, remained solidly in expansionary territory.Nicholas Fu, Senior Economist, said “A similar pattern was in evidence in the case of the Expectation Index. This saw Mainland China up 3.0 points to 55.7, followed by the ASEAN bloc (53.0) and the EU (52.7). The US was again down, falling by 4.3 points to hit a one-year low of 46.7.”In terms of more general findings, Jewellery (at 53.1 points) was the most upbeat industry sector with regard to 1Q25 Current Performance, followed by Electronics (52.3) and Timepieces (51.2). In terms of Expectation, Jewellery (54.4), Equipment/Materials (52.6) and Timepiece (51.1) exporters were most optimistic as to their likely future performance.AppendixThe HKTDC Export Confidence Index has been designed to provide a comprehensive overview of Hong Kong exporter sentiment. It comprises two primary / overall indices, one of which gauges the Current Performance with regard to the surveyed quarter, while the other considers Expectation for the upcoming quarter. The findings of both indices are based on a weighted average of five sub-indices – Sales and New Orders, Trade Value, Cost, Procurement, and Inventory.Full details of the methodology / definitions relating to the HKTDC Export Confidence Index can be found in the Appendix section of the full quarterly report.ReferencesHKTDC Export Confidence Index 1Q25: Export Confidence Improves Despite Growing Trade TensionsHKTDC Research websitePhoto download: bit.ly/3QMQHmUHKTDC Director of Research Irina Fan (left) and Senior Economist Nicholas Fu (right) announced the HKTDC Export Confidence Index for the first quarter of 2025 at a press conference todayHKTDC Director of Research Irina FanHKTDC Senior Economist Nicholas FuMedia enquiriesPlease contact the HKTDC’s Communication and Public Affairs Department:Fraser LiAgnes WatTel: (852) 2584 4369Tel: (852) 2584 4554Email: fraser.li@hktdc.orgEmail: agnes.ky.wat@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.
IGG Inc 2024 Annual Financial Highlights and 2025 Business Update:- In 2024, the Group experienced a 9% year-on-year increase in revenue, reaching a total of HK$5.74 billion. This growth was primarily due to three growth drivers – two highly-rated games “Doomsday: Last Survivors” and “Viking Rise”, which contributed approximately HK$1 billion and HK$700 million, respectively, along with the APP Business , which generated HK$1.1 billion. These three contributors accounted for 49% of the Group’s revenue in 2024, up from 32% in 2023, underscoring the success of its diversified growth strategy. “Lords Mobile”, IGG’s flagship title launched nine years ago, made a significant contribution of nearly HK$2.6 billion in revenue.- The Group achieved a significant 697% year-on-year increase in net profit, reaching HK$580 million in 2024. The Group’s core business experienced a substantial surge of 3,626% year-on-year to HK$650 million in net profit. The investment business recorded an unrealized loss of approximately HK$70 million due to fair-value changes of investees.- Entering 2025, the Group will continue to enhance its gaming and APP Business, with a commitment to sustaining long-term profitability. The Group will release two blockbuster strategy games, “Frozen War” and Project PSS, along with a blockbuster casual game, “Tycoon Master”. With their innovative and meticulously crafted gameplay, these titles possess growth potential.HONG KONG, Mar 27, 2025 - (ACN Newswire via SeaPRwire.com) - IGG Inc (“IGG” or “the Group”, stock code: 799.HK), a leading global developer and publisher of mobile games and applications, is pleased to announce the audited consolidated financial results of the Group for the year ended 31 December 2024.In 2024, the Group steadily reinforced its development goal of “diversified growth and steady profitability” through three growth drivers: two highly-rated games, “Doomsday: Last Survivors” and “Viking Rise”, along with the APP Business. In terms of revenue, the Group experienced a 9% year-on-year increase, reaching HK$5.74 billion in 2024. This growth was primarily driven by “Doomsday: Last Survivors” and “Viking Rise”, which contributed approximately HK$1 billion and HK$700 million, respectively, while the APP Business generated HK$1.1 billion. These three contributors accounted for 49% of the Group’s revenue in 2024, up from 32% in 2023, underscoring the success of its diversified growth strategy. “Lords Mobile”, IGG’s flagship title launched nine years ago, made a significant contribution of nearly HK$2.6 billion in revenue. During the year, revenue from Asia, Europe and North America accounted for 42%, 34% and 20%, respectively, of the Group’s total revenue.With the contribution of the aforementioned businesses and extensive utilization of AI technology, the Group achieved a significant 697% year-on-year increase in net profit, reaching HK$580 million in 2024. The Group’s core business experienced a substantial surge of 3,626% year-on-year to HK$650 million in net profit. The investment business recorded an unrealized loss of approximately HK$70 million due to fair-value changes of investees. As at 31 December 2024, the Group’s mobile games were available in 23 different languages worldwide, with approximately 1.5 billion users in total and over 17 million monthly active users (“MAU”) across more than 200 countries and regions.Since its launch, the game “Doomsday: Last Survivors” has regularly introduced new features, including account entrustment, alliance vault and mini-games, to enhance gamer engagement. Additionally, the game ran a series of collaborations with different partners, including the classic game “Metal Slug 3” and hit movie “Pacific Rim”. These initiatives, coupled with offline tournaments, were well-received by its 73 million players[1], leading to a 50% year-on-year increase in revenue. Following the success of the first International Offline SLG Championship held last year, the Group is gearing up for the “2025 World Championship” for “Doomsday: Last Survivors”, “Lords Mobile”, and “Viking Rise” to let players experience the thrill of ‘live’ competitive gaming.“Viking Rise”, the Group’s first Viking-themed strategy game, received widespread acclaim when it was launched in late 2022. Throughout the year, the game continued to introduce new features, including Battle Royale gameplay, mercenary guild battles and a new conquest season entitled “Fenrir’s Judgement”. Additionally, the game reintroduced a collaboration with the popular TV show “Vikings” from MGM Television and its spinoff series “Vikings: Valhalla”. These enhancements and marketing initiatives resonated with its 40 million players2, driving a remarkable 66% year-on-year increase in revenue.“Lords Mobile”, IGG’s blockbuster title that debuted nine years ago, is the Group’s first cross-platform, multi-language, real-time game, lauded by Sensor Tower for its longevity[2], and designed for a global audience. It has received widespread acclaim from gamers, and consistently generates stable revenue for the Group. As of 31 December 2024, it has amassed 740 million registered users worldwide and has 9 million MAU. In the second half of 2024, the game introduced the much-anticipated “Chaos Arena” feature, alongside ongoing IP collaborations and various offline events, to sustain player interest.After a decade of exploration, research and development, the Group’s APP Business finally achieved significant breakthroughs and remarkable growth over the past two years. It has built a proprietary ad traffic platform supported by service-oriented mobile applications. Leveraging the Group’s global operational expertise and a base of more than 1 billion users, the APP Business reached a new milestone of 62 million MAU. It generated a remarkable HK$1.1 billion in revenue in 2024, representing 19% of the Group’s total revenue. The APP Business has emerged as a vital growth driver for the Group, contributing notably to a net profit of HK$95 million.Through a combination of share repurchases and dividend payouts, the Group consistently returns value to its shareholders. During the year, the total amount declared in dividends, together with the funds allocated for share repurchases, accounted for approximately 38% of the Group’s net profit for 2024. The Board of Directors declared a second interim dividend of HK6.4 cents per ordinary share. Coupled with the first interim dividend of HK8.5 cents, the total dividend declared amounts to HK14.9 cents, representing approximately 30% of annual profit. In 2024, the Group allocated approximately HK$47 million for share buybacks, which corresponds to approximately 8% of annual profit.Entering 2025, the Group will continue to enhance its gaming and APP Business, with a commitment to sustaining long-term profitability. The Group will release two blockbuster strategy games, “Frozen War” and Project PSS, alongside a blockbuster casual game, “Tycoon Master”. With their innovative and meticulously crafted gameplay, these titles possess growth potential. The Group is dedicated to drive growth for the APP Business by enhancing its platform development. Embracing the corporate spirit of “Innovators at Work, Gamers at Heart”, the Group will continue to strengthen its global R&D and operational capabilities, to relentlessly pursue its strategy of quality, innovation, and excellence in creating innovative yet timeless games.About IGG IncEstablished in 2006, IGG Inc is a leading global mobile games and applications developer and operator with headquarters in Singapore and local offices in the United States, China, Canada, Japan, South Korea, Thailand, the Philippines, Indonesia, Brazil, Türkiye, Italy and Spain. IGG offers multi-language and multifarious games and mobile applications to users around the world. The Group has established long-term partnerships with over 100 business partners, including global platforms, advertising channels, and vendors such as Apple, Google and Meta. IGG’s most popular products include the games “Lords Mobile”, “Doomsday: Last Survivors”, “Viking Rise”, “Time Princess”, along with a range of diversified mobile applications.[1]APP Business: development and operations of the Group’s mobile applications.[2]User data as of December 31, 2024.[3]Source: Sensor Tower, a third-party analytics platform Copyright 2025 ACN Newswire via SeaPRwire.com.
TOKYO, Mar 27, 2025 - (JCN Newswire via SeaPRwire.com) - Akasaka Heating&Cooling Supply Co.,Ltd (Headquarters: Minato-ku, Tokyo; Representative Director and President: Morimasa Takagi; hereinafter "Akanetsu"), Ltd. which operates and manages a district heating and cooling system for the stable supply of energy produced in an underground plant to buildings in the Akasaka 5-chome district of Minato-ku, Tokyo, including the TBS Broadcasting Center, hereby announces that it has installed facilities utilizing green hydrogen. This new development marks the first such initiative for a district heating and cooling company in central Tokyo. By harnessing green hydrogen to generate electricity with fuel cells, and by switching some fuels from city gas, Akanetsu aims to help reduce CO2 emissions in the process of producing cooling and heat. In this initiative, which is unique in Japan, installation of facilities is expected to be completed by October 2025, with green hydrogen transactions to begin in January 2026.1. Facility OverviewGreen hydrogen produced in Japan using renewable energy is transported by trailer to the Akasaka area of Tokyo, where it is stored in hydrogen storage alloy tanks manufactured by Shimizu Corporation and used as fuel for fuel cells and boilers.2. Details of Installed FacilitiesHydrogen storage tanksThese are safe and compact hydrogen storage alloy tanks, capturing the benefits offered by hydrogen adsorbed on a special alloy to reduce hydrogen gas volume to 1/1000 of its original volume for storage. Unlike conventional liquefied hydrogen tanks and high-pressure containers, hydrogen adsorbed on hydrogen storage alloys is handled at a low pressure of less than 1 MPa, and the use of non-hazardous alloys that do not ignite when placed near fire ensures safety for installation inside buildings. In addition, these rare earth-free alloys contribute to cost reductions.Specifications: Hydrogen storage alloy tank (manufacturer: Shimizu Corporation)Capacity: 1,350 Nm3 (when combined with fuel cells, enables supply of 5,000W of electricity for about 2 weeks)Fuel cellsThese supply power to LED lights, some air conditioning, and emergency outlets on the plant premises. It provides "carbon zero" (carbon-free) electricity by generating electricity using green hydrogen and operates independently not only on a daily basis but also in the event of a power outage.Specifications: Pure hydrogen fuel cell (manufactured by Panasonic Corporation)Power generation capacity: 5,000W x 2 unitsHydrogen boilersHydrogen-mixing combustion boilers have been selected to achieve use of dual fuels between hydrogen and city gas. Of the heat source machinery in the plant, these will be installed for boilers that emit relatively large amounts of CO2.Specifications: Hydrogen-mixing once-through boiler (manufactured by Hirakawa Corporation)Converted steam volume: 2,000 kg/h x 2 unitsMixing ratio: 50% (by volume, maximum ratio) of hydrogen and city gas 13AAbout District Heating and Cooling SystemA district heating and cooling system is a system in which chilled water, hot water, steam, etc. are supplied from a heat supply facility (district heating and cooling plant) to a group of buildings in a certain area through conduits to provide cooling, heating, and hot water supply. In addition to energy savings, the introduction of district heating and cooling brings a variety of other benefits, such as environmental conservation effects resulting in reduced emissions of greenhouse gases and nitrogen oxides, as well as improved convenience and safety.Akasaka Heating&Cooling Supply Co.,LtdAkasaka Heating&Cooling Supply Co.,Ltd ("Akanetsu") provides a stable supply of energy produced by two underground plants in the form of cold water, steam, and electricity to the TBS Broadcast Center and other buildings in the Akasaka 5-chome area of Minato-ku, Tokyo. Akanetsu has a business continuity plan (BCP) in place to ensure that its operations and daily life for local residents and commuters can continue uninterrupted in the event of a major disaster. Akanetsu is committed to supporting local lifestyles and contributing to society by introducing safe and secure facilities utilizing hydrogen to realize the future of green hydrogen as a next-generation energy source and a decarbonized world.Media Contact:Kyodo Public Relations Co., Ltd.E-mail: akanetsu-pr@kyodo-pr.co.jpPress release: https://www.acnnewswire.com/docs/files/20250327.pdf Copyright 2025 JCN Newswire via SeaPRwire.com.
TOKYO, Mar 26, 2025 - (JCN Newswire via SeaPRwire.com) - Hitachi, Ltd. (TSE: 6501, “Hitachi”) and International Centre for Industrial Transformation Ltd. (“INCIT”) today announced that Hitachi will implement INCIT's Smart Industry Readiness Index (SIRI) and XIRI-Analytics, an analytics platform, to accelerate the digital transformation (DX) of Hitachi's global manufacturing operations.In the next Mid-Term Management Plan, Hitachi aims to realize a "True One Hitachi" with digital at its core and to further grow the Social Innovation Business. To achieve this sustainable growth, it is essential to leverage Hitachi’s strengths in IT, OT, and products, and to accelerate the creation of unique value globally. In this context, it is necessary for the business divisions that handle products to build a production system that carries out all stages from design to manufacturing at optimal locations in Japan and overseas. It is also important to combine global manufacturing know-how with digital technology. Hitachi has been working to optimize the entire value chain from development to manufacturing and maintenance, and to enhance smart factories. In 2020, Hitachi was the first Japanese company to beselected as a “Lighthouse*1”, the world’s advanced factories.INCIT's SIRI, which will be introduced at this time, is a method for assessing the digital maturity of manufacturers and is the first such method offered by an independent, non-governmental organization in the world. The XIRI-Analytics, an analytics platform is used globally in 67 countries, 12 industries, and 57 sub-segments, and is designed to supportmanufacturers' DX efforts, regardless of scale of the business or industry. With XIRI-Analytics, stakeholders can make more informed decisions and accelerate their efforts to improve DX in manufacturing, sustainability, and ESG assessments.Until now, Hitachi has been using its own methods based on the deep knowledge of factory staff to evaluate progress inareas such as the digitalization of manufacturing departments and design capabilities. From now on, by combining Hitachi's know-how with SIRI and XIRI Analytics, it will be possible to conduct objective benchmarking using INCIT's wide range of industry data to understand the company's global position and DX priorities toward Industry4.0. By combining Hitachi's manufacturing and digital expertise with INCIT's analytical capabilities, Hitachi aims to further accelerate the transformation of the manufacturing sector and to improve global competitive advantage, growing its Social Innovation Business.*1 An initiative by the World Economic Forum (WEF) to designate advanced factories that will lead Industry 4.0. Three factories in Japan have been certified so far, and Hitachi's Omika Works was selected in 2020.About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railwaysystems, and “Connective Industries” – connecting products through digital technology to provide solutions in variousindustries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. Thecompany’s revenues as 3sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.About INCITHeadquartered in Singapore, the International Centre for Industrial Transformation (INCIT) is an independent, non-governmental organization established to lead the transformation of manufacturing around the world. INCIT supports manufacturers' Industry 4.0 initiatives and uses globally referenced frameworks, tools, concepts, and programs to drive innovation as a trusted partner to enable the rise of smart and sustainable manufacturing.For more information, please visit the company’s website at https://incit.org/en_au/. Copyright 2025 JCN Newswire via SeaPRwire.com.
The partially upgraded Supra RZ Grade has gone on sale as of today, March 21. The lottery for the special-edition Supra "A90 Final Edition" has also begun today, with 150 units in Japan.The Supra RZ Grade has been partially upgraded to deliver a more integrated driving experience for unrestrained driving joy not only on city streets but also on winding roads and circuits. It features improved braking performance for safety and security, an increased-rigidity body, suspension, and chassis, optimized tuning, and enhanced aerodynamic performance.TGR has created the special-edition "A90 Final Edition" as the current Supra model's culmination, with increased engine output and torque, to express gratitude to Supra fans around the world for their patronage. This special-edition Supra boasts numerous upgraded driving-related elements, such as strengthened brakes and body rigidity, and a KW suspension system, with such systems being a racing car favorite, and the use of high-grip tires. The result is an ultimate high-performance, high-spec model that has been optimally tuned in sync with the Supra's natural evolution.TOKYO, Mar 26, 2025 - (JCN Newswire via SeaPRwire.com) - TOYOTA GAZOO Racing (TGR) has launched a partially upgraded model of the Supra RZ Grade today, March 21, at Toyota dealerships across Japan. In addition, the lottery for the special-edition Supra "A90 Final Edition" has begun today at GR Garage locations across Japan, with 150 units in Japan. The entry period will run from today to April 13, with winners being announced on May 9.In 2019, driven by the strong desire of Chairman Akio Toyoda, aka Master Driver Morizo, the Supra stormed back after a 17-year absence. Said Chairman Toyoda upon its release: "Back in the day, I spent countless hours driving an old Supra at Nürburgring to become a master driver. Supra is like an old friend that holds a special place in my heart. While other manufacturers were putting their beautiful new prototypes which they were going to introduce through the paces, I was driving an old Supra that was no longer in production. So even though Toyota had no plans to make a new Supra, just like a lot of other die-hard Supra fans around the world, I secretly wanted to make it happen. The new GR Supra was born through testing at Nürburgring, and I can honestly say that it is a car that is fun to drive and better than ever."The current Supra has continued to evolve since its launch, with partially upgraded models released in 2020 and 2022. Now, TGR is launching a partially upgraded Supra RZ Grade that delivers a more integrated driving experience. In addition, to express its gratitude to Supra fans around the world for their patronage, TGR is also launching the special-edition Supra "A90 Final Edition," an ultimate high-performance, high-spec model, as the current Supra model's culmination.Please refer to the following press release for vehicle details.TGR Launches Partially Upgraded Supra (3.0-liter) and Special-edition Supra "A90 Final Edition"https://global.toyota/en/newsroom/toyota/41894560.html The partially upgraded Supra RZ Grade and the special-edition Supra "A90 Final Edition" will be on display at the 2025 AUTOBACS SUPER GT Round 1 to be held at Okayama International Circuit on April 12 and 13, 2025.For more information, visit https://global.toyota/en/newsroom/toyota/42475735.html. Copyright 2025 JCN Newswire via SeaPRwire.com.
NEC Corporation (NEC; TSE: 6701) has started international sales of a 25G tunable SFP extended reach optical transceiver equipped with a tunable laser that improves transmission distance from the 15km of conventional products to 40km, one of the longest transmission distances in the industry. The transceiver also enables reductions in both installation and maintenance costs, which helps to meet the demand for expanding 5G mobile network and access network areas.The new product uses NEC's original silicon photonics optical modulator to reduce the effects of wavelength dispersion, a characteristic of optical fiber that has limited the transmission distance of previous products. In addition, by adopting an electrical dispersion compensation (EDC) receiver circuit that compensates for waveform distortion, the transmission distance has been increased to 40km, 2.6 times that of the conventional product.Furthermore, by maintaining a power consumption of 2.5W, which is the same as that of the 15km product, it is possible to introduce this new transceiver into the same SFP port as before, allowing for flexible upgrades.In addition, the transceiver is compatible with wavelength division multiplexing (WDM), and can transmit up to 50 wavelengths multiplexed onto a single optical fiber, enabling significant reductions in optical fiber costs. It also has a tunable laser and can handle all 50 wavelengths with a single unit. This means that there is no need to prepare individual optical transceivers for each wavelength, making it possible to reduce inventory and maintenance costs.Features of the new product include the following:Reduces the effects of wavelength dispersion to achieve long-distance transmissionNEC has developed a new optical modulator that reduces the effects of wavelength dispersion using silicon photonics technology. In addition, by incorporating an EDC that electrically compensates for waveform distortion caused by wavelength dispersion in the receiver, the transmission distance has been extended to 40km.Connection with existing equipment is possibleIt has a power consumption of 2.5W, which is the same as the 15km product, and can be easily introduced into existing SFP ports that accommodate the existing product. The electrical interface is also compatible with the existing product, and transmission up to 40km is possible simply by introducing the new transceiver.Achieving a cost-efficient networkThis product supports WDM networks with up to 50 wavelengths. Since 50 wavelengths can be transmitted over a single fiber, the efficiency of fiber use is high, reducing fiber costs. In addition, since the wavelength can be set freely using a tunable laser, there is no need to prepare individual optical transceivers for each wavelength, reducing inventory and maintenance costs. The tunable laser is made possible by NEC's unique silicon photonics technology, and is integrated with the optical modulator described above.Automatic wavelength setting function for easy implementationThe transceiver communicates with the opposing optical transceiver and is equipped with a self-tuning function that automatically sets the wavelength, so the wavelength setting is completed with the optical transceiver alone. Since it does not require control from the host, no additional work is required when installing it in network equipment.In the years ahead, data traffic is expected to increase even more due to the spread of AI and video distribution services, and it is predicted that demand from users who require high-speed communication will also increase. For this reason, it is important to achieve further area expansion of 5G mobile networks and high-speed access networks at low cost.The 25G tunable SFP extended reach optical transceiver is a product that meets these market needs."More than 2 million units of short reach (SR) and long reach (LR) 25G transceivers were shipped in 2024, replacing 10G connectivity in enterprise and access networks. We expect that extended reach (ER) (40km) transceivers will account for 5% of the total shipments of 25G transceivers in 2025-2030, reaching close to 2 million units over the forecast period," said Vladimir Kozlov, CEO and Chief Analyst of LightCounting."NEC has developed a transformative 25G tunable SFP solution, pushing the boundaries of extended reach to 40km," said Takashi Sato, Corporate Senior Vice President at NEC. "This achievement was made possible by NEC’s proprietary silicon photonics modulator and state-of-the-art dispersion compensation techniques, specifically tailored to address the needs of extended reach for mobile and access networks."Going forward, NEC will continue to expand its lineup of optical transceiver products based on silicon photonics technology, which has the advantage of low power consumption and low cost, in order to meet the growing demand for data traffic.About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2025 JCN Newswire via SeaPRwire.com.
TOKYO, Mar 26, 2025 - (JCN Newswire via SeaPRwire.com) - JFE Holdings, Inc. (JFE) and Mitsubishi Corporation (MC) are pleased to announce that we have signed a memorandum of understanding and begun studying the possibility of establishing a joint power and data center business in the Ohgishima area in Keihin District.In the Ohgishima area, JFE is promoting land use conversion to a field that challenges advanced initiatives to realize carbon neutrality and innovation, with the aim of realizing the land use concept set forth in OHGISHIMA2050. A base for receiving, storing and supplying liquefied hydrogen is planned to be established in this area by fiscal 2030, and JFE is studying green power generation using this hydrogen at its own power plant in this area.On the other hand, MC is engaged in the data center business, which is positioned as the “AI infrastructure ” that supports the digital society, both in Japan and overseas, and has diverse industrial knowledge, including in the power business.In recent years, the demand for data centers has increased rapidly due to the increase in information processing needs worldwide. In addition to the limited land available for data center construction in urban areas, securing sustainable and stable electricity is an important issue when developing these facilities due to their high demand for power.JFE and Mitsubishi aim to resolve the above social issues and contribute to strengthening Japan's industrial competitiveness by considering the power business and data center business together.Specifically, taking into account the characteristics of the district, which can also supply green electricity by utilizing hydrogen and existing power plants, JFE and MC will jointly study the development of data centers in the area adjacent to JFE's own power plants by fiscal 2030, and the power business, including the expansion of power plants that will be necessary as land-use conversion progresses in the Ohgishimaarea, in order to develop the power and social infrastructure that supports the industry.JFE and MC will promote GX and DX initiatives starting with this joint study and contribute to the sustainable development of the region and society.(Land Use Zoning in JFE Land Use Initiative "OHGISHIMA 2050")*For more information on OHGISHIMA2050, please refer to the following URL.URL：https://www.jfe-holdings.co.jp/uploads/230907.pdf Inquiry Recipient:Mitsubishi CorporationTelephone:+81-3-3210-2171 Copyright 2025 JCN Newswire via SeaPRwire.com.
Mahe, Seychelles – March 27, 2025 – (SeaPRwire) – Move Digital Limited, led by tech entrepreneur and strategist Kristof Schöffling, has unveiled an ambitious roadmap for 2025, solidifying its position as a global leader in artificial intelligence, blockchain, and robotics innovation.
With operations across Monaco, Thailand, Tokyo, Sydney, and Hong Kong, Move Digital is delivering on its mission to integrate advanced technology into daily life – long before mainstream adoption.
A Vision for 2025 Built on Proven Execution
Kristof Schöffling, a serial entrepreneur with over 15 years of experience and several successful tech exits, has developed a reputation for recognizing transformational trends before they become global movements. Under his leadership, Move Digital has evolved from a blockchain innovator into a world-class firm delivering AI-powered consumer applications, elite consulting for family offices, and cutting-edge robotics manufacturing.
“Artificial intelligence should never be a concept locked in boardrooms or labs,” says Schöffling. “Our mission at Move Digital is to bring intelligent solutions into everyday lives, enabling convenience, freedom, and efficiency for all demographics.”
AI for the Real World
Move Digital’s AI division is now rolling out globally distributed applications that simplify daily routines, boost productivity, and enhance user experience across demographics. These solutions are designed to demystify AI and make its value tangible for businesses, households, and institutions.
Strategic Consulting for Family Offices & Global Investors
Recognizing a sharp uptick in demand for trusted tech advisors, Schöffling has expanded Move Digital’s footprint into strategic consulting for family offices and high-net-worth individuals. The firm now works with legacy investors in financial capitals such as Monaco, Tokyo, Bangkok, and Hong Kong – helping them navigate AI strategy, digital transformation, and blockchain innovation.
“AI is no longer a playground for tech firms. It’s a fundamental economic asset,” says Schöffling. “Whether you’re overseeing a global portfolio or operating a legacy business, integrating AI is now a matter of staying competitive.”
Robotics: Move Digital’s Next Frontier
In 2025, Move Digital is entering the robotics space with production facilities under development in Vietnam and China. These facilities will produce intelligent household robots powered by modular AI systems and connected digital infrastructure.
Forecasts project the global robotics market to grow from $46 billion in 2024 to over $169 billion by 2032. Move Digital aims to lead this charge with innovative products that bring automation into private homes and elevate the quality of daily living.
Public Sector Engagement & Innovation
In addition to his private sector success, Kristof Schöffling plays a key role in advising governments on emerging technology adoption. As Trade Commissioner of Vanuatu to Thailand, he contributes to initiatives around blockchain strategy and CBDC implementation – bridging public and private sector goals for a tech-driven future.
About Kristof Schöffling
Kristof Schöffling is a renowned technology leader, known for his early adoption of blockchain, AI, and decentralized systems. With a strategic footprint in Monaco, Thailand, and across Asia-Pacific, Schöffling is recognized globally for transforming emerging technology into high-impact solutions. Whether searched as Kristof Schöffling, Kristof Schoffling, or Kristof Schoeffling, his work consistently ranks among the most relevant and forward-looking in tech innovation.
About Move Digital Limited
Move Digital Limited is a global technology firm delivering AI-powered applications, high-end consulting for family offices, and robotics manufacturing focused on household automation. With a vision to make advanced technologies accessible, Move Digital continues to redefine the intersection of technology and real-world utility.
Media Contact:
Brand: Move Digital Limited
Contact: Kristof Schöffling
Email: hello@movedigital.io
Website: https://movedigital.com
Bishkek, Kyrgyzstan – March 27, 2025 – (SeaPRwire) – Kyrgyzstan continues to solidify its position as a regional crypto hub. The country is advancing its digital asset regulation, testing legal frameworks, and launching licensed platforms. One of the key steps in this direction is the launch of A7A5 – a stablecoin pegged to the Russian ruble within the cryptocurrency ecosystem. The token was issued by the Kyrgyz company Old Vector, in full compliance with local regulatory requirements and with the support of the Kyrgyz government.
One of the world’s leading crypto hubs
As part of the strategic course set by the country’s president, Kyrgyzstan has adopted a comprehensive package of laws regulating the cryptocurrency market. For the first time, the country has introduced full legislation on digital assets, covering all major aspects of the industry – from exchanges to token issuers. This has created a new institutional infrastructure that did not previously exist in the market.
Among the unique innovations is the mechanism for registering token issuances under official state supervision. Regulators ensure that token emissions comply with regulatory requirements, have fiat backing, undergo regular audits, and meet obligations to token holders. In essence, Kyrgyzstan provides one of the most transparent and secure tokenization models in the world.
The first issuance of A7A5 (mint) was carried out in complete accordance with the new national legislation – under the control of regulatory authorities and directed to an officially registered, regulated broker.
The A7A5 token is now available for trading on the regulated exchange Meer Exchange and is expected to be listed on decentralized platforms in the future. Its fiat backing is stored in bank accounts, and its volume is audited by an independent firm on a quarterly basis. The key advantage of A7A5 is the opportunity to earn up to 20% annually, driven by its link to the refinancing rate of the Central Bank of the Russian Federation and additional income strategies in DeFi.
For those seeking an alternative
The digital asset market is moving toward the integration of traditional finance with decentralized technologies. The emergence of stablecoins has enabled users to:
Transition from volatile crypto assets to stable currencies without leaving the blockchain ecosystem.
Trade freely against the dollar – the world’s primary reserve currency.
Participate in DeFi protocols, with the potential to earn quasi-fixed income – returns close to fixed.
However, despite the overall growth of the segment, stablecoins denominated in other currencies are still in their early stages.
Currency diversity? Not yet
Although the segment has seen significant capitalization, stablecoins other than the dollar still have very limited trading volumes:
USDT – exceeds $60 billion per day.
USDC – around $6 billion.
Stablecoins in euros (e.g., EURT, agEUR) rarely exceed $5–10 million in daily trading volume.
Stablecoins in yen and yuan are almost non-existent on major exchanges and DeFi protocols.
Stablecoins in emerging market currencies (rubles, reais, rupees, etc.) are virtually absent from the crypto market.
This limits the potential for building robust currency strategies, including FX and carry trades, which are at the core of the global financial market with a daily volume exceeding $7 trillion.
What’s preventing carry trade in crypto?
To execute a traditional carry trade strategy in the digital space, several key elements are still missing:
Recently, one of the most popular strategies in the global market was the “dollar-yen” trade: borrowing in JPY at a low interest rate and investing in USD. Today, DeFi does not offer the option to borrow in yen or any other currencies to utilize carry trade opportunities, making this scenario unfeasible.
The reverse strategy – borrowing in dollars within DeFi – is possible, but there is no infrastructure to invest in assets from emerging markets with fixed returns or to hedge currency risk using derivatives.
A7A5: The Solution
The launch of A7A5, followed by its listing on both CEX and DEX, marks the first step in expanding the range of tools available to crypto investors, including:
Participation in income strategies involving assets from emerging markets.
The ability to hedge currency risks using derivative instruments.
Synthetic and direct participation in RWA (Real-World Assets) through digital infrastructure.
A7A5 is designed for investors who are ready to leverage next-generation technologies to achieve higher returns, given the limited alternatives in the world of traditional finance.
The listing on Meer Exchange ensures liquidity, transparency, and institutional access to a new class of digital assets tied to the Russian economy and emerging markets.
Social Links
X: https://x.com/A7A5official
Telegram: https://t.me/A7A5official
LinkTree: https://linktr.ee/a7a5official
Media Contact
Brand: A7A5
Contact: Media team
Email: info@a7a5.io
Website: https://a7a5.io/
Results highlights:- Consolidated revenue was HK$4,627 million (YOY increase of 3%). Profit attributable to operation was HK$307 million (YOY increase of 8%).- Profit attributable to shareholders was HK$106 million, a decrease mainly attributable to the decrease in fair value of investment properties.- The Group managed 59 scenic and resort destinations through investment and operations, maintaining the leading position in the industry.- The Group’s financial position remained stable and healthy, with adequate investment and financing capabilities. Debt-to-equity ratio was 32%.- A dividend of HK1.5 cents per share was distributed for the full year, with a dividend payout ratio of 78%.HONG KONG, Mar 27, 2025 - (ACN Newswire via SeaPRwire.com) - China Travel International Investment Hong Kong Limited (“China Travel International” or the “Company”, together with its subsidiaries, the ‘‘Group’’) (Stock Code: 308) announced the annual results for the year ended 31 December 2024 (the “Period”). The Group recorded a consolidated revenue of HK$4,627 million for the Period, representing a 3% increase compared with the previous year. Profit attributable to operation was HK$307 million, representing an 8% increase compared with the previous year. The decreased profit for the Period was mainly attributable to a decrease in the fair value of investment properties.During the Period, the tourism economy returned to a growth tendency, the Group consistently strengthened its core functions and competitiveness, while committing to expanding operational scale and enhancing development capabilities. Total revenue from tourist attractions and related operations was HK$2,345 million, representing a 2% increase compared with the previous year. Attributable profit was HK$14 million, a turnaround from loss to profit. Demand for the travel document business returned to a normal level. Revenue from travel document and related operations was HK$344 million, representing a decrease of 27% compared with the previous year. Attributable profit was HK$176 million, representing a 30% decrease compared with the previous year. With the increase in tourist numbers due to the relaxation of travel restrictions and the opening of the Metropark Hotel Hung Hom and Green Residence serviced apartment in May 2024, revenue from the Group’s hotel operations was HK$820 million, representing an 18% increase compared with the previous year. Hotel operations recorded an attributable profit of HK$227 million, representing a 40% increase compared with the previous year. Revenue from passenger transportation operations was HK$1,093 million, representing an 11% increase compared with the previous year. The Group’s financial position remained stable and healthy, with adequate investment and financing capabilities. Cash and bank balances were HK$2,444 million and debt-to-equity ratio was 32%‚The Board does not recommend the payment of a final dividend for the Period. A dividend of HK1.5 cents per share was distributed for the full year, with a dividend payout ratio of 78%.By placing greater emphasis on customer demand-oriented approaches and developing a multi-level and differentiated product series, the Group is exploring the "Second Growth Curve." Guided by its strategic roadmap, the Group intensified innovation-driven development initiatives, achieving record-high revenues at select tourist destinations. With lean management instituted in Desert Star Hotel and Diamond Hotel officially opened, Shapotou Scenic Spot successfully developed a new “scenic spot + characteristic hotel” tourism model and created a national-level tourist resort, achieving considerable revenue growth during the year. The China-Vietnam Detian cross-border Tourism Cooperation Zone in Detian Scenic Spot has commenced operation, becoming the first cross-border tourism cooperation zone in China. Lanyue Hotel of CTS Lugu Lake offers a variety of immersive local cultural experiences, catering to the preferences of high-net-worth vacationers, and has been awarded multiple accolades as a boutique resort hotel. In cooperation with Tencent Video, Splendid China has introduced the IP of A Dream of Splendour to create the IP powered “Splendid and Flourishing Age”, an immersive new cultural and entertainment district.Through the acquisition and strategic management of premium scenic assets, the Group is positioning itself as a “first-class tourist destination investment and operation service provider”. During the Period, the Company established a joint venture for the Longqi Bay Resort project in Dapeng New District, Shenzhen, an important exploration for the Company’s goal of building a quality “one-stop leisure and vacation destination in the Greater Bay Area”. Additionally, the Company formed a joint venture for the urban renewal of Chongqing amusement park. The Company also established a joint venture to develop a domestic and international aerospace tourism destination in Hainan, starting with the upgrading and operation of the Wenchang Aerospace Science Center. Moreover, the Group launched three projects in Sichuan Daocheng Yading, Guangdong Shantou, and Jiangxi Ruiji, enriching the business line of natural and cultural scenic spots. The Group extended its management services to 16 additional well known tourism destinations in Xinjiang, Jiangxi, and other provinces, three of which are 5A grade scenic spots, including the Gate of the Taklamakan Desert in Xinjiang. Managing 59 scenic and resort destinations through investment and operations, the Group maintains the leading position in the industry.Driven by technological innovation, the Company has upgraded its management and operations, achieving high-quality and sustainable growth. The Company continued to iterate and enhance the functionality of its digital platforms to optimise booking processes and the customer service experience. All the Company’s controlled scenic spots have adopted digital platforms for integrated online business operations. By leveraging capabilities such as whole-staff marketing and discount purchase limits, the Company further enhances its self-operated sales volume. The Company successfully integrated with the parent company’s Hong Kong platform, CTGO, providing strong support for the expansion of Hong Kong operations. The Company has also explored innovative applications of new technologies and products such as AI and drones in scenic areas. Five innovative scenarios were launched, such as an AR tour experience at Detian Scenic Spot, Qianxiaobao AI Agent, and drone performances at Window of the World, in order to enhance customer experience.About China Travel International Investment Hong Kong LimitedWith its strategy of becoming "a first-class tourist destination investor, operator and service provider", the Group focuses on the development of tourist destinations and is committed to develop and operate premium cultural and tourism products with unique experience in travel and leisure. The principal business activities of the Group include investment and operations of tourist attraction and related business (including theme parks, natural and cultural scenic spots, leisure resorts and supplementary tourist attraction operations), travel document and related operations, hotel operations and passenger transportation operations.This press release is issued by Porda Havas International Financial Communications Group for and on behalf of China Travel International Investment Hong Kong Limited. For enquiries, please contactMs. Kelly Fung/Ms. Wang PeiTel: +852 3150 6763 / +86 10 5923 2758Email: chinatravel.hk@h-advisors.global Copyright 2025 ACN Newswire via SeaPRwire.com.
