New York, New York--(ACN Newswire via SeaPRwire.com - April 7, 2025) - Spiking, a leader in AI-driven financial technology, is thrilled to participate in IBM Z Day: Special Edition, a landmark virtual conference hosted by IBM on Tuesday, April 8, 2025, from 10:00 AM to 5:00 PM Eastern Time (ET). This complimentary one-day event invites technology enthusiasts, industry leaders, and innovators worldwide to witness the next era of enterprise computing and artificial intelligence, spotlighting Spiking's TradeGPT as a transformative force in capital markets.Event HighlightsGroundbreaking Keynote Announcement: At 10:00 AM ET, a live broadcast from New York City will unveil a major advancement in enterprise technology, including a new AI chip that Spiking's TradeGPT will leverage for unparalleled performance.Specialized Technical Tracks: Attendees can explore three cutting-edge tracks:IBM zNext: Discover the latest IBM mainframe, boasting up to 8x on-chip AI processors per core, enabling TradeGPT's unmatched scale, speed, and security.AI & Data: Learn how Spiking integrates advanced AI into mission-critical financial workloads without additional infrastructure.App Dev & IT Ops: See how AI-driven automation boosts productivity and efficiency, a cornerstone of Spiking's development strategy.Curated Experiential Journeys: Customize your experience with three paths:Security: Explore post-quantum encryption, critical for safeguarding TradeGPT's real-time financial insights.New to Z: Gain foundational knowledge about IBM Z, powering Spiking's enterprise ambitions.Developer: Dive into technical sessions tailored for developers enhancing platforms like TradeGPT.Earn Digital Credentials: Participants can earn up to four prestigious IBM digital skills badges, enhancing professional expertise.Dr. Clemen Chiang, CEO of Spiking, stated, "IBM Z Day: Special Edition is a defining moment for enterprise innovation, and we're proud to be at its forefront. Our LLM-based TradeGPT will harness the new AI chip unveiled on April 8, 2025, delivering unmatched speed and intelligence for real-time capital market decisions. This, alongside other surprises, positions Spiking to reshape how businesses leverage AI." Chiang's vision reflects Spiking's leadership in driving AI-powered transformation.Adam LG Ring, Global Head of the IBM Z Startup Community and Spiking's advisor, added, "As Spiking scales to volumes rivaling OpenAI, moving to an enterprise-scale solution with world-class security is both logical and essential. The latest IBM Z offerings, unveiled April 8, 2025, are cost-effective at scale-perfect timing for TradeGPT to lead the capital markets." Ring's endorsement highlights the strategic alignment between Spiking's goals and IBM's technology.Through IBM Z Day: Special Edition, Spiking joins IBM to offer a dynamic platform for connecting with global thought leaders, uncovering industry-defining trends, and showcasing innovations in AI, hybrid cloud, and post-quantum security. Tailored for all skill levels, this event is a must-attend for finance and tech professionals alike.Registration & AgendaRegister Now: Reserve your spot at https://ibm.biz/specialzday1Full Agenda: Explore the complete lineup of sessions and speakers at http://ibm.biz/agendazdayse2025Join Spiking and IBM on April 8, 2025, for a day of innovation, education, and networking as we unveil the future of enterprise computing and AI in capital markets.Media ContactNicole YeeMedia RelationsEmail: info@spiking.comPhone: 1-570-SPIKINGNote: All times are in Eastern Time (ET). Please adjust for your local time zone.About SpikingSpiking is a trailblazer in AI-driven financial technology, empowering businesses and investors with real-time, intelligent solutions for capital markets. Through its flagship product, TradeGPT, Spiking leverages cutting-edge AI to deliver unmatched performance and insights.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247585 Copyright 2025 ACN Newswire via SeaPRwire.com.
SINGAPORE, Apr 7, 2025 - (ACN Newswire via SeaPRwire.com) - TVS Motor Company (TVSM), a leading global manufacturer of two and three-wheelers, is set to strengthen its electric vehicle (EV) presence in Southeast Asia through the integration of ION Mobility’s assets, intellectual property, and talent into its operations. Southeast Asia represents one of the world’s fastest-growing regions for motorbike usage, offering a significant opportunity for expansion.TVSM has been a strategic investor in ION Mobility, a full-stack EV company known for its robust in-house capabilities across industrial and product design, mechanical and electrical engineering, embedded and power electronics, firmware, software, and supply chain solutions. This integration, combined with TVSM’s deep expertise in electric mobility, marks a major step toward unlocking new possibilities in the region.Commenting on the development, Sharad Mohan Mishra, President Group Strategy, TVS Motor Company, said: “We were an early strategic investor in ION Mobility, attracted by their focus on delivering smart, sustainable, and exciting mobility solutions for ASEAN markets. Our ‘Reimagine 2030’ vision strongly aligned with their mission. With the acquisition of ION Mobility’s assets, IP and core team, we are thrilled to bring their entrepreneurial energy, design thinking and engineering strength into TVSM. Combined with our R&D depth, quality systems, and manufacturing scale, this partnership positions us to accelerate market penetration and grow our share across Southeast Asia.”TVS Motor is already a formidable player in the global EV landscape, with nearly 600,000 customers choosing its flagship electric scooter, TVS iQube. The company has developed end-to-end in-house capabilities across EV components - battery systems, battery management, vehicle control units, and connected platforms - and holds more than 650 patents in the EV domain.Earlier this week, TVS Motor Company announced that its wholly owned subsidiary TVS Motor (Singapore) Pte Ltd acquired select assets from ION Mobility and also divested its stake in the company. Following this move, James Chan, Founder and CEO of ION Mobility, has joined TVS Motor Company as Senior Vice President. He will lead TVSM’s business across ASEAN while also spearheading the development and launch of the M1-S electric mobility platform. The M1-S is already generating strong interest in ASEAN markets for its striking design, impressive range, agile acceleration, and suitability for daily commutes.About TVS Motor CompanyTVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.For more information, please visit www.tvsmotor.com or write to corpcom@tvsmotor.com Copyright 2025 ACN Newswire via SeaPRwire.com.
SINGAPORE, Apr 8, 2025 - (ACN Newswire via SeaPRwire.com) - When it comes to symbolising eternal love, nothing captures the essence better than a diamond. ALUXE, Taiwan’s leading diamond and wedding jewellery brand, now brings its legacy of excellence to Singapore, offering an exquisite collection of certified diamonds at competitive prices.Instant Diamond SelectionFinding the perfect diamond has never been easier with ALUXE’s real-time selection of over 30,000 diamonds. Seamlessly integrated with global suppliers, every diamond is displayed with flawless brilliance details and a 360° high-resolution viewing experience. Customers can choose from a wide range of ready-to-go options or secure pre-orders with guaranteed delivery within two months.Competitive Pricing Without CompromiseALUXE eliminates unnecessary mark-ups by sourcing diamonds directly from the world’s top cutters. As one of Taiwan’s largest diamond importers, ALUXE ensures customers receive the highest quality at the best possible price, making premium diamonds more accessible than ever.Certified Excellence for Complete Peace of MindEvery ALUXE diamond comes with internationally recognised certification. Natural diamonds are graded by GIA, the gold standard in diamond evaluation, while lab-grown diamonds are certified by IGI. Additionally, the exclusive ALUXE Ultimate Diamond Report provides advanced scientific analysis of a diamond’s brilliance, ensuring only the finest stones make it to the collection.Fancy Cuts & Rare Colours for Distinctive EleganceBeyond classic round diamonds, ALUXE offers a stunning selection of fancy-cut and rare coloured diamonds, including pink, yellow, and blue hues, allowing customers to express their unique style.ROSÉ My Love – The Pink Diamond CollectionPink diamonds symbolise passion and rarity. ALUXE’s ROSÉ My Love collection features exquisite lab-grown pink diamonds, making this coveted gem more accessible. Ideal for engagements, anniversaries, or meaningful gifts, these diamonds capture the essence of romance.Lovers Collection – The Blue Diamond Wedding RingsBlue diamonds represent purity and everlasting love. The Lovers Collection showcases these rare gems in elegant wedding bands, complemented by platinum settings and inner sapphire accents, offering a timeless symbol of commitment.With decades of expertise, ALUXE is committed to helping couples find the perfect expression of love through meticulously crafted jewellery. Visit ALUXE in Singapore or explore our collection online to discover diamonds that make every love story shine.Discover more at www.aluxe.com/sg-en/About ALUXEALUXE is the first jewellery brand in Taiwan, embodying the perfect combination of happiness and jewellery. Starting as an online retailer, ALUXE's high-quality products and competitive prices gradually garnered more attention, which led to the opening of its first physical store in 2008 to offer even better products and services to customers around the world. ALUXE is currently present in Taiwan and Hong Kong, with Singapore’s flagship store located at ION Orchard and two other doors at the heartland areas.For more information, visit https://www.aluxe.com/sg-en/ FB: https://www.facebook.com/aluxe.sgIG: https://www.instagram.com/aluxe_sg/ALUXE LOCATIONSION Orchard2 Orchard Turn, ION Orchard #B2-63, Singapore 238801Tel: +65 6015 0798Opening Hours: 10:00 - 21:30JEM50 Jurong Gateway Road, JEM #01-55, Singapore 608549Tel: +65 6992 2589Opening Hours: 11:00 - 21:30Tampines 110 Tampines Central 1, Tampines 1 #01-27 & 28, Singapore 529536Tel: +65 6022 1715Opening Hours: 11:00 - 21:30 Copyright 2025 ACN Newswire via SeaPRwire.com.
ATLANTA, GA, Apr 8, 2025 - (ACN Newswire via SeaPRwire.com) - Today marks a pivotal moment in the evolution of global infrastructure as Trading Nations Global officially releases its highly anticipated white paper: Empowering a Quantum-Resilient Future Through Collaboration. This visionary document lays the foundation for a digitally sovereign, quantum-ready world—one powered by decentralized cooperation, green technology, and AI-enabled infrastructure.In an age defined by uncertainty and fragmentation, Trading Nations Global is catalyzing a new era of digital diplomacy and sustainable innovation. Through a robust network of ambassadors spanning 16 global regions, the organization is coordinating the rollout of Regional Centers of Excellence (RCoEs)—localized, sovereign cloud hubs designed to secure data, enable AI, and operate autonomously through renewable energy.“We are not just imagining the future—we are actively building it,” said Earl Q. Davis, founder of Trading Nations Global.“This white paper is a call to unite governments, enterprises, and innovators around a shared infrastructure built for resilience, sovereignty, and sustainability.” said Michael E. Kempton, CEO, Trading Nations Global.Key Insights from the White Paper:Quantum-Resilient Infrastructure: RCoEs are fortified with post-quantum cryptography and tamper-proof digital lineage tracking to future-proof global data flows.Sovereign Cloud Ecosystem: Powered by the Vogon Cloud and the Distributed Quantum Ledger Database (DQLDB), this infrastructure allows for secure, low-latency, and borderless collaboration.Sustainability by Design: Each center is energy-autonomous, running on solar, wind, and hydrogen captured from ambient air—marking a shift toward truly off-grid operations.Partnership-Driven Deployment: Co-selling with Managed Service Providers (MSPs) ensures scalable, regionally tailored implementation with shared revenue models.Community-Led Governance: Infrastructure decisions are made locally, preserving cultural integrity, compliance, and trustImpactful Goals:In the next 12 months: Deploy RCoEs in all 16 regions and onboard over 500 organizations to the Vogon Cloud.By year two: Launch federated AI systems and establish Quantum Digital Asset governance.In the long term: Build a global mesh of quantum-sovereign nodes that power a post-silicon digital economy.This white paper presents not only a roadmap but a rallying point for global actors ready to transcend outdated paradigms. The Trading Nations framework balances high-tech resilience with ethical and equitable design principles—offering a scalable alternative to centralized digital monopoliesJoin the MovementTrading Nations Global is actively welcoming new coalition members—governments, technologists, businesses, and citizens—ready to co-create a secure and sustainable digital future.Read the full white paper and become part of the future today: www.tradingnations.cloud/docs/trading-nations-global-white-paper.pdfAbout Trading Nations GlobalTrading Nations Global is a pioneering global association committed to deploying quantum-resilient, community-led infrastructure that powers secure, interoperable, and sustainable digital economies. With a global footprint and an unwavering commitment to digital sovereignty, Trading Nations Global is building the backbone of tomorrow’s trade and governance. For more information, visit www.tradingnations.cloud/.Media Contact:AmplifiX / PlatodataBryan FeinbergZephyr@platodata.io Copyright 2025 ACN Newswire via SeaPRwire.com.
New York, NY – CESUR Mining, a cloud mining service provider, reports a growing user base of more than 8.5 million. The company continues to develop its platform with the goal of offering accessible mining solutions to a diverse range of investors.
In 2025, CESUR Mining has strengthened its position in the cloud mining industry by catering to both newcomers and experienced investors. The platform provides a variety of contract options, allowing users to choose plans that align with their mining strategies and financial goals.
Cloud-Based Mining Without Hardware RequirementsCESUR Mining enables individuals to participate in cryptocurrency mining without the need for specialized equipment. The platform offers cloud-based mining services for Bitcoin, Dogecoin, and other digital assets, eliminating the technical barriers associated with traditional mining operations.
Key Features of CESUR Mining:
Diverse Cryptocurrency Options: Supports the mining of multiple cryptocurrencies, including Bitcoin and Litecoin.
Security Measures: Implements security protocols designed to protect user accounts and funds.
Flexible Mining Options: Allows users to adjust computing power based on market conditions and personal preferences.
Affiliate Program: Offers a referral bonus to users who introduce new participants to the platform.
Hands-Free Management: Manages technical aspects of mining, including hardware maintenance and energy costs.
24/7 Customer Support: Provides round-the-clock assistance to users.
Customizable Contracts: Offers various contract terms suited for different investment strategies.
Real-Time Profit Tracking: Enables users to monitor earnings and track performance within the platform.
Investment Plans and Platform AccessibilityCESUR Mining provides various investment plans that allow users to participate in cloud mining according to their financial preferences. The platform also offers a sign-up incentive and the ability to monitor mining activity through a mobile application.
As cryptocurrency adoption continues to evolve, cloud mining services such as CESUR Mining present an alternative for those interested in digital asset mining without direct hardware management. The company states that it remains committed to providing a secure and scalable mining environment for its users.
For more information, visit: https://cesurminings.com/
Media contact
Brand: CESUR Mining
Contact: Media team
Email: info@cesurminings.com
Website: https://cesurminings.com
HONG KONG, Apr 1, 2025 - Gome Retail Holdings Limited (Stock code: 493.HK, "Gome Retail" or the "Company"), together with its subsidiaries, "the Group") announced its audited annual results during the twelve months ended December 31, 2024 (the "reporting period").Focusing on the main industry to consolidate the border, take multiple measures to actively resolve the debt problemIn 2024, domestic economic recovery is weak, with asevere and complex external international environment compounded by domestic economic and policy cycle factors. Domestic demand remained sluggish, directly impacting the industry to which our group belongs, which continued to experience a downturn. In 2024, the Group recorded sales revenue of approximately RMB 474 million; and loss attributable to owners of the parent of approximately RMB11,629 million.In 2024, Gome Retail continued to promote strategic transformation and upgrading and actively explored new businesses. However, in the fourth quarter of 2024, the government introduced several significant stimulus policies, the Group seizes opportunities and rides on the momentum, intensified efforts in model transformation and business innovations, such as franchise and quasi-franchise models and GOME Auto. In addition, recently, an agreement has been reached with JD on the CB debt disposal plan, which will clear all CB debts within two years through asset transfers and issuing shares.Reinventing retail business, accelerate the expansion of franchiseGome Retail accelerates its asset-light model and builds a closed loop of "brand authorization + supply chain empowerment + digital platform". Regarding franchising, comprehensively open brand authorizations, focus on supply chain model innovation, shift from appliance franchising to comprehensive business format investment, quickly build online and offline franchise networks at all levels. In terms of franchising, based on equity cooperation, we will focus on encouraging single-store franchising with an operating model of "light assets, heavy operations, and strong management", and build an "online and offline" pan-home appliance and surrounding franchise network for the entire industry with the city display stores display as the core. In the future, the Group targeted to sign more than 1000 franchise agreements, striving to become a leading comprehensive service provider integrating "offline and online franchise networks + supply chain + capital chain + industry chain + service chain".Actively explore new business growth curves and innovate new forms of automobile distributionDuring the reporting period, the company focused on its core business while seizing the development opportunities of the automobile industry and actively made strategic arrangements in the automobile distribution field. Aiming at the development pain points in the field of automobile distribution, relying on its own national channel network and business experience and other advantages, Gome is committed to creating a new industrial chain ecological benchmark for the automobile distribution industry based on cooperation and win-win results. During the reporting period, the first Gome Smart Car Experience Hall, located in Xibahe, a prime location in Beijing, is ready to go. It will bring together about 30 new energy vehicle brands to create a large-scale, comprehensive automobile consumption scene that integrates display, experience.Looking ahead, the Central Economic Work Conference at the end of 2024 has made it clear that a dual easing policy of fiscal, monetary and fiscal policies will be adopted in 2025, and the introduction of ?extraordinary counter-cyclical adjustments?. This represents the most proactive policy stance in recent years. Furthermore, 2025 marks the final year of the 14th Five-Year Plan, and governments at all levels will need to ensure the completion of key economic targets. Gome Retail management said: ?During the Reporting Period, the Group took solidsteps toward its strategic goals of light-asset expansion and technology-driven upgrades, achievingencouraging results in new business initiatives. Moving forward, the Group will continue to persevere, work hard, strive to turn the situation around and overcome difficulties. Under the positive influence of external policies, 2025 will likely see the largest-scale policy benefits in recent years. With the implementation of intensified domestic demand stimulus policies, the Group is expected to gradually return to the track of stable operation.?About GOME RETAIL HOLDINGS LIMITEDGOME RETAIL HOLDINGS LIMITED was listed on the Hong Kong Stock Exchange in July 2004 (Stock Code: 493HK). Founded in 1987 in China, GOME is committed to building China's leading technology-based, experiential, entertainment-oriented and socialized home-life technology retailer. With the strategy of "Home-Life", Gome Group focuses on retailing of electrical appliances and consumer electronics products, and builds a closed-loop ecosystem for the entire product line.Please visit our website for more information: www.gome.com.hkIssued by EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITED for and on behalf of GOME Retail Holdings Limited. For further information, please contact:EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITEDMr Matthew Li / Ms Isla GuTel:(852) 3468 8874 Fax: (852) 2111 1103Maill: matthew.li@everbloom.com.cn / jin.gu@everbloom.com.cn Copyright 2025 JCN Newswire via SeaPRwire.com.
HONG KONG, Apr 1, 2025 - Cryofocus Medtech (Shanghai) Co., Ltd. (“Cryofocus Medtech” or the “Company”, stock code: 6922.HK), announced its annual results for the year ended 31 December 2024 (the “Reporting Period”). In 2024, Cryofocus Medtech achieved a total revenue of RMB53.5 million, an increase of 30.7% year-over-year (“YoY”), which was mainly driven by the increase in the sales volume of the Group’s AF Cryoablation System, Cryoadhesion System and other respiratory intervention products distributed by the Group serving as the exclusive distributor of BSC International Medical Trading (Shanghai) Co., Ltd. for such products in mainland China. During the Reporting Period, the Company's gross profit achieved an YoY increase of 23.7% to RMB38.4 million while the gross profit margin was 71.8%.In 2024 and 2025Q1, the Company's business has achieved various progress, including but not limited to:- The Company passed the good manufacturing practice examination for its Atrial Fibrillation Cryoablation System (“AF Cryoablation System”) in January 2024;- The Company received marketing approval for the Cryoadhesion System in January 2024, after securing the NMPA approval for the accompanying cryotherapy equipment in December 2023 and the disposable cryoprobe in January 2024;- The Benign Stenosis Cryoablation System entered into the confirmatory clinical trial phase in January 2024;- The Company has submitted the registration application for its Anti-Gastroesophageal Reflux System in May 2024;- The Company entered into a distribution agreement with BSC International Medical Trading (Shanghai) Co., Ltd. in respect of respiratory intervention products in mainland China in July 2024;- In October2024, the Company announced it entered into a scientific research collaboration agreement with the Guangzhou National Laboratory and the First Affiliated Hospital of Guangzhou Medical University. The Company will jointly participate in and complete the research and development of the liquid nitrogen ultra-low temperature cryoablation system and the research on cryoballoon ablation for lung cancer;- The Company received the NMPA approval for its Malignant Stenosis Cryoablation System, System, which is one of the Group’s respiratory intervention products, in March 2025.Continuous increase in value of comprehensive product portfolioIn 2024, Cryofocus Medtech’s revenue has maintained a strong growth trend within the interventional cryotherapy industry. The total revenue of Cryofocus Medtech increased by 30.7% YoY to RMB53.5 million for the year ended December 31, 2024.Cryofocus Medtech is an innovative medical device company in China with a main focus on the field of minimally-invasive interventional cryotherapy. The Company uses liquid nitrogen as the main cryogenic source for cryotherapy systems by leveraging its unique liquid nitrogen cryoablation technology and advanced flexible catheter technology. Since its inception in 2013, Cryofocus Medtech has developed a comprehensive product portfolio mainly focusing on two therapeutic areas: 1) vascular interventional therapy for the treatment of atrial fibrillation, hypertension and other cardiovascular diseases; and 2) natural orifice transluminal endoscopic surgery, or NOTES, for the treatment of urinary, respiratory, and digestive diseases. The Company’s competitive advantage, technologies and product pipeline have helped establishing high entry barriers difficult for its competitors to surpass.Cryofocus Medtech has developed a comprehensive product portfolio including 14 cryotherapy products and product candidates with a main focus on vascular intervention and NOTES, as well as 9 additional non-cryotherapy products and product candidates. The Company has commercialized ten products as of 31 March 2025.Significant progress in business development driven by continued R&D innovationDuring 2024, Cryofocus Medtech has made significant progress in the development of product candidates. The Company received marketing approval for the Cryoadhesion System in January 2024, after securing the NMPA approval for the accompanying cryotherapy equipment in December 2023 and the disposable cryoprobe in January 2024. On the same month, the Benign Stenosis Cryoablation System entered into the confirmatory clinical trial phase while the Company passed the good manufacturing practice (GMP) examination for its AF Cryoablation System, which has also been commercialized in China in September 2024. Moreover, the Company has submitted the registration application for its Anti-Gastroesophageal Reflux System in May 2024, and is expected to receive NMPA approval in 1H2025.In 2024, the Company's total R&D expenditure was approximately RMB 73.46 million, basically remained the same as compared to the same period in 2023, and will continue to promote the commercialization of the Company's products under development.According to the planning and expected progress of clinical trials of its product candidates, between 2025 and 2027, the Company will submit the product registration submission to the NMPA for 10 product candidates developed in different stages of clinical trials, including Cryo-RDN System, Asthma Cryoablation, COPD Cryospray system, Benign Stenosis Cryoablation System, Peri-Pulmonary Nodule Cryoablation System, Cough Cryospray System, Tuberculosis Cryospray System, Gastric Cryoablation System, Esophageal Cryospray System and Atrial Fibrillation Pulsed Field Ablation System. All of the abovementioned product candidates is expected to obtain commercialization approval from the NMPA in 2026 and 2027, respectively. Against this backdrop, it clearly showed that many of the Company's key product candidates under development will be expected to be commercialized in the next two to three years, continuously expanding Cryofocus Medtech’s revenue streams and providing strong support for its early realization of profitability.Cryofocus Medtech has established a dedicated product development team led by industry experts with extensive experience in the medical device industry or in the field of engineering research and development. As of December 31, 2024, the Company’s product development team consisted of an in-house research and development team of 70 employees and a clinical operation team of 24 employees. Cryofocus Medtech has also developed relationships with industry leaders, including scientists, physicians and industry practitioners, giving the Company a thorough understanding of the clinical needs and demands of patients and physicians. The Company has built a comprehensive intellectual property portfolio in China and overseas to protect its technologies, including its core liquid nitrogen cryoablation technology, flexible catheter technology and other key technologies. As of December 31, 2024, Cryofocus Medtech owned 159 patents and 70 patent applications in China and overseas, representing an YoY increase of 39 patients and 28 patent applications.In 2024, the Company manufactured, assembled and tested its products at the production facilities located in two regions, Ningbo, Zhejiang Province and Shanghai, with a total gross floor area of over 17,400 square meters. The Company produces commercial products, mainly including its Core Products as well as other commercialized products, including its Pulmonary Nodule Localization Needle, Laparoscopic Single Port Multi-Channel Access Platform, and also produces, assembles and tests sample products related to NOTES at its production facilities in Ningbo. The Company produces, assembles and tests sample products related to vascular intervention for product development at its facility in Shanghai.Finally, it is worth noting that in July 2024, the Company entered into a distribution agreement with BSC International Medical Trading (Shanghai) Co., Ltd. (“BSC International “) in respect of respiratory intervention products in mainland China. BSC International is a subsidiary of Boston Scientific Corporation (NYSE stock symbol: BSX) in China. Boston Scientific is a global leader in medical technology, advancing life sciences by providing a broad range of high-performance solutions that address patient needs and reduce the cost of healthcare. Boston Scientific’s portfolio of devices and therapies helps physicians diagnose and treat complex cardiovascular, respiratory, digestive, oncological, neurological and urological diseases and conditions. Pursuant to the Distribution Agreement, Cryofocus Medtech will market, promote and serve as the exclusive distributor of BSC International for products in the respiratory intervention field in mainland China, combining the resources and support of BSC International and Cryofocus Medtech to promote the commercialization of such designated products in mainland China.Future and OutlookThe mission of Cryofocus Medtech is to become a global medical device platform in the field of minimally-invasive interventional cryotherapy, bringing benefits to patients and physicians worldwide with its cryotherapy technology.In 2025, in order to achieve this goal, the Company plans to rapidly advance the clinical development and commercialization of its product candidates; further expand the product portfolio leveraging technology platforms and continue to focus on minimally-invasive interventional cryotherapy; continue to research and develop various underlying and supporting technologies; and selectively expand its worldwide footprint.About Cryofocus Medtech (Shanghai) Co., Ltd. (6922.HK)Cryofocus Medtech is an innovative medical device company in China with a main focus on the field of minimally-invasive interventional cryotherapy. Since its inception in 2013, the Company has developed a comprehensive product portfolio mainly focusing on two therapeutic areas: vascular interventional therapy and natural orifice transluminal endoscopic surgery, or NOTES. The product pipeline of Cryofocus Medtech includes a variety of cryotherapy systems and surgical consumables, four of which were recognized as "innovative medical devices" by the NMPA or its provincial counterparts, according to Frost & Sullivan. Copyright 2025 JCN Newswire via SeaPRwire.com.
TOKYO, Apr 7, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced that the new hybrid electric vehicle (HEV) model of the Xforce compact SUV has earned a maximum five-star rating in the 2024 ASEAN NCAP(1) — a comprehensive safety performance assessment for new vehicles in the ASEAN region — following the same top rating received by the gasoline model earlier in 2024.Mitsubishi Motors remains committed to its safety-oriented philosophy of achieving a mobility society with zero traffic accidents through continued efforts to develop and popularize safety technologies, and to spread knowledge about traffic safety.The Xforce HEV model is equipped with Mitsubishi Motors' advanced driver assistance system, Mitsubishi Motors Safety Sensing. It features six advanced safety functions, including Adaptive Cruise Control (ACC), Forward Collision Mitigation system (FCM), Blind Spot Warning with Lane Change Assist (BSW / LCA), Rear Cross Traffic Alert (RCTA), Automatic High Beam (AHB), and Lead Car Departure Notification (LCDN), providing a high level of preventive safety performance.In addition, the Xforce HEV ensures collision safety performance with the high-rigidity RISE(2) body, which absorbs impact energy and minimizes cabin deformation in the event of a crash, along with six SRS airbags.The Xforce HEV model, premiered in Thailand in March 2025, is based on the Xforce3 originally launched in Indonesia in 2023 and is now equipped with an HEV system. This compact five-seat SUV was developed around the concept of being the "best-suited buddy for an exciting life," and is equipped with an HEV system derived from the brand’s renowned plug-in hybrid EV (PHEV) technology. It features higher fuel economy, eco-friendliness, and powerful acceleration. Additionally, Active Yaw Control (AYC), seven drive modes, and other all-wheel control technologies complement the front-wheel drivetrain to enable safe and secure driving in various situations.(1) New Car Assessment Program for Southeast Asian Countries(2) Reinforced Impact Safety Evolution3.Sold as the Outlander Sport In some marketsAbout Mitsubishi MotorsMitsubishi Motors Corporation (TSE:7211) — a member of the Alliance with Renault and Nissan — is a global automobile company based in Tokyo, Japan, which has about 28,000 employees and a global footprint with production facilities in Japan and the ASEAN region. Mitsubishi Motors has a competitive edge in SUVs, pickup trucks and plug-in hybrid electric vehicles, and appeals to ambitious drivers willing to challenge convention and embrace innovation. Since the production of our first vehicle more than a century ago, Mitsubishi Motors has been a leader in electrification — launched the i-MiEV, the world’s first mass-produced electric vehicle in 2009, followed by the Outlander PHEV, the world’s first plug-in hybrid electric SUV in 2013. With a target of increasing the sales ratio of electrified vehicles to 100% by 2035, Mitsubishi Motors will deliver models that embody Mitsubishi Motors-ness and contribute to the realization of a carbon-neutral society.For more information on Mitsubishi Motors, please visit the company's website athttps://www.mitsubishi-motors.com/en/ Copyright 2025 JCN Newswire via SeaPRwire.com.
Taipei, Taiwan – April 08, 2025 – (SeaPRwire) – In a feature recently published by The Icons, Taiwanese artist Grace Tan is recognized for redefining the language of traditional ink art through a contemporary, multi-sensory approach. A master of calligraphy and seal carving, Tan seamlessly blends Eastern aesthetics with Western structures, transforming brush, ink, and rhythm into a vivid cross-cultural dialogue.
Rooted in the rich cultural heritage of Taiwan, Grace Tan views art as a universal language – one that speaks beyond technique and form. “Art is the language of the soul,” she explains. “Its power lies in whether it can create a resonance – a rhythm that connects deeply with others.”
Her artistic practice is deeply influenced by music, particularly her study of the pipa, a traditional Chinese instrument. She describes her brushwork as a visual form of music, where ink density, stroke pressure, and spatial pauses mirror tempo, pitch, and silence in a musical composition. Her compositions are at once lyrical and structured, poetic yet dynamic.
Through innovative techniques such as layering, geometry, and the use of lightboxes, Tan creates an immersive visual-musical experience. Her artworks are not static; they shift in response to lighting and perspective, offering viewers a real-time encounter with rhythm, space, and emotion.
As a Taiwanese artist active on the international stage, Grace Tan has exhibited in France, the United States, Japan, and South Korea. Her works are housed in the permanent collections of the World Bank Headquarters, the American Academy of Asian Culture, the San Francisco Public Library, and the University of Cyprus – testament to her growing global impact.
Grace Tan composes with ink and lets her lines sing, transforming calligraphy, seal carving, and visual art into vessels of musical expression. From the interplay of geometry and colour, to the rhythmic flow of brushstrokes and the carefully composed cadence within her seal designs, her work reflects a profound exploration of “rhythmic writing.” The dryness or fluidity of ink, the tension and release of each line, and the thoughtful use of negative space resemble the dynamics and pauses found in musical composition – all weaving together into her own distinctive artistic tapestry. (Photography: Grace Tan)
Her artistic voice carries particular resonance for European audiences, who appreciate her thoughtful fusion of East and West. By combining the introspective stillness of Eastern philosophy with the expressive freedom of contemporary Western art, she opens a space for cultural reflection and connection.
Grace Tan’s work is not just a celebration of tradition, but a reimagining of it – offering a vision of art that transcends borders and speaks to the shared human experience.
FARMINGDALE, New York – April 08, 2025 – (SeaPRwire) – Innovative Warehouse Solutions (IWS) successfully shipped over 280,000 units in December 2024, a 300% rise from the 96,000 units of the same month the previous year.
This new achievement shows the genuine commitment of IWS to provide excellent fulfillment solutions that help businesses scale better.
Behind the Success
For ecommerce brands, Q4 determines whether the upcoming year is set for growth. A surge in orders presents opportunities for increased revenue and a new wave of customers. Scaling at this speed can prove challenging both for brands that fulfill in-house and brands that utilize 3PL services. The challenges are mainly related to antiquated systems that require extensive training for new personnel.
IWS Solution
IWS enables brands to handle not only their standard volume but also allows brands to quickly 10x their brand while delivering the same accuracy and speed.
● Double-Scan Accuracy Process
● Every item passed through two scan points – during picking and packing.
● Every order is additionally visually checked 2 times for accuracy and product quality before shipping.
● Fast Training and State-of-the-Art System
● IWS’s Warehouse Management System (WMS) provides a visual picture of the items and advanced warehouse routing. Ensuring fast processing times and industry-leading accuracy.
● These visual cues and walking paths allow new hires to be trained in hours, not weeks.
● Improved Customer Support
● IWS introduced a live chat system that connects brands directly with the right department – warehouse teams, receiving, shipping, billing, and customer support.
● This new system reduced bottlenecks, improved response time, and allowed a better flow of information.
Future Plans: What’s Next for the Industry and IWS
Following the success, this E-commerce 3PL company expects continued growth in 2025. The company projects monthly shipments to remain 75-85% higher than last year.
The industry’s growth also supports this trajectory. Ecommerce saw a positive increase of 8-9% in 2024, and with more consumers choosing online shopping over traditional retail, new opportunities opened for small and mid-sized brands. This shift, combined with 3PL services like IWS, allows businesses to enter the market without the heavy costs of retail partnerships.
The CEO said this in awe. “The team at IWS was blown away by the success of our partners in Q4 2024. There were a lot of early mornings, late nights, and weekends for both IWS and our partners. From a bird’s eye view, it was amazing to watch. Brands working at the speed of light to market and create great content to engage and convert new customers. With the IWS team working at the same speed to fulfill and get those products into the hands of the end users.”
He continued, “With a new record year in our rearview, IWS is looking forward to pushing the bar further in 2025. With some exciting new partners already onboarded, we are sure 2025 will be our best year yet.”
See how IWS can support your ecommerce growth. Contact Innovative Warehouse Solutions to speak with a fulfillment expert.
About Innovative Warehouse Solutions
IWS provides secure warehousing, quick fulfillment, and shipping for direct-to-consumer brands. With same-day shipping, predictive tracking, and 99.98% accuracy, IWS helps companies expand with zero downtime.
Media contact
Brand: Innovative Warehouse Solutions
Contact: Media team
Email: Info@invwhs.com
Website: https://invwhs.com
Financial Highlights:- In 2024, the total revenue amounted to RMB5,261 million, representing a YoY increase of 25.1% - The revenue of the 4Paradigm Sage AI Platform (the “Sage AI Platform”) business grew by 46.7% YoY to RMB3,676 million, accounting for 69.9% of the total revenue - The SHIFT Intelligent Solutions business recorded revenue of RMB1,022 million, accounting for 19.4% of the total revenue - The revenue of the 4Paradigm SageGPT AIGS Services segment amounted to RMB563 million, accounting for 10.7% of the total revenue- Gross profit was RMB2,245 million, with a gross profit margin of 42.7%- The total R&D expenses reached RMB2,170 million, accounting for 41.2% of revenue- The annual loss attributable to the owners of the Company was RMB269 million, with a reduction of RMB640 million compared to the full year of 2023, narrowing by 70.4% YoY. This marks the fourth consecutive fiscal year of sequential loss reduction since 2021Operation Highlights:- In 2024, the number of lighthouse users served by the Company reached 161, a YoY increase of 16%. The average revenue per lighthouse user was RMB19 million, with a Net Dollar Expansion Rate (NDER) of 110% for lighthouse users in 2024- 4ParadigmSage: During the Reporting Period, the Company launched the vertical world model development and management platform, Sage AI Platform 5.0, and completed multiple minor version upgrades, achieving end-to-end capabilities across the computing layer, platform layer, model layer, and application layer- 4Paradigm SHIFT: During the Reporting Period, the Company launched multiple solutions targeting various application scenarios and continued to update and iterate the functionalities and effectiveness of existing solutions to meet enterprise requirements for accuracy, reliability, and real-time performance in different vertical scenarios- 4Paradigm AIGS: During the Reporting Period, the Company continued to upgrade and optimize the functionality and application performance of products, such as the enterprise software reconfiguration assistant AIGS Builder and the enterprise programming assistant AIGS CodeX, creating an enterprise-level “development assistant” that understands customers, businesses, knowledge and R&D, while enabling fast coding capabilitiesHONG KONG, Apr 1, 2025 - (ACN Newswire via SeaPRwire.com) - A leading enterprise AI software company - Beijing Fourth Paradigm Technology Co., Ltd. (“Fourth Paradigm” or the “Company”, Stock Code: 6682.HK) today announced the consolidated annual results for the year ended December 31, 2024 (the “Reporting Period”).In 2024, Fourth Paradigm achieved strong growth in its overall business. The Company’s total revenue reached RMB5,261 million, representing a YoY increase of 25.1%. Gross profit was RMB2,245 million, with a gross profit margin of 42.7%. The Company highly values technological R&D, and has clear profitability goals. During the Reporting Period, the R&D expenses reached RMB2,170 million, accounting for 41.2% of revenue. The annual loss attributable to the owners of the Company was RMB269 million, with a reduction of RMB640 million compared to the full year of 2023, narrowing by 70.4% YoY. This marks the fourth consecutive fiscal year of sequential loss reduction since 2021.In 2024, Fourth Paradigm committed to creating value for customers, continuously enhancing digital transformation experience for existing customers and increasing user stickiness. During the Reporting Period, the number of lighthouse users served by the Company reached 161, a YoY increase of 16%. The average revenue per lighthouse user was RMB19 million, with a Net Dollar Expansion Rate (NDER) of 110% for lighthouse users in 2024.Benefiting from the surge in AI market demand, the Company’s Sage AI Platform business achieved significant growth, driving steady performance improvement of core business. In March 2024, Fourth Paradigm launched Sage AI Platform 5.0, which integrates vertical world model development and management, enterprise AI agent application suites, GPU resource pooling and other end-to-end capabilities, supporting the large-scale production and application of vertical world models and enterprise AI agents, and continuously driving intelligent transformation and high-quality development across industries.Core business revenue increased by 46.7%, with scaled expansion driving rapid businessAs the core of the Fourth Paradigm’s all businesses, the 4Paradigm Sage AI Platform business achieved significant growth during the Reporting Period, with revenue reaching RMB3,676 million, representing a YoY increase of 46.7% and accounting for 69.9% of total revenue. Scale effects are deepening progressively.In 2024, Fourth Paradigm remained committed to technological innovation, comprehensively enhancing the capabilities of Sage AI Platform. On the basis of end-to-end capabilities across the computing layer, platform layer, model layer, and application layer, Sage AI Platform continued to optimize key capabilities such as AI agent and GPU resource pooling. Among these, AI agent further enhanced its ability to solve complex problems and improve execution accuracy, and developed the enterprise AI agent development platform that covers the entire lifecycle of AI agent design, development, debugging, deployment, operational analysis, and iterative optimization. This empowers enterprise developers to efficiently and scalably build business AI agents with cognitive, decision-making, and execution capabilities – all on demand. As a result, development cycles have been reduced by over 95% in most cases. The GPU resource pooling capability enables enterprises to achieve platform-level management of hardware clusters, on-demand allocation of computing resources, and rapid scheduling, helping to address challenges such as low utilization of heterogeneous computing resources and high costs of adapting large models to computing power. According to the latest report from the internationally authoritative research firm IDC, Fourth Paradigm has maintained its position as the leader in China’s machine learning platform market share for six consecutive years.While scaling its core business, Fourth Paradigm has also made steady progress in its two other major businesses – SHIFT Intelligent Solutions business and 4Paradigm AIGS service business, which provide strong support for the core business – Sage AI Platform, driving efficient growth across the overall business.During the Reporting Period, revenue from SHIFT Intelligent Solutions totaled RMB1,022 million, comprising 19.4% of the total revenue. This business is built on the Sage AI Platform, tailored to different industry business scenarios. These solutions enable Fourth Paradigm’s technology and capabilities to penetrate a wider range of industries and scenarios, addressing critical business challenges for traditional enterprises and driving digital and intelligent transformation across industries. Due to the impact of the business expansion strategy, the revenue from this business decreased by 20.3% YoY while the revenue from Sage AI Platform business achieved 46.7% YoY growth.In addition, the revenue from the 4Paradigm SageGPT AIGS Services business during the Reporting Period reached RMB563 million, accounting for 10.7% of the Company’s total revenue. This business provides efficient development tools and services based on generative AI for the Sage AI Platform business, enabling multi-fold increases in enterprise R&D productivity.“AI agent + Vertical World Model” dual-core architecture builds the AGI foundation, enabling continuous expansion of the business ecosystemIn recent years, the continuous advancement of generative AI technologies has accelerated progress toward Artificial General Intelligence (AGI), a consensus widely recognized across the industry. As an enterprise with over a decade of experience in the AI sector, Fourth Paradigm is committed to empowering industries through its core philosophy of “AI agent + Vertical World Model”, which uses AI agents to understand human needs and leveraging corresponding vertical world models to solve problems, while continuously enhancing their respective capabilities – will ultimately drive the realization of AGI.Over the past year, adhering to the philosophy of “AI agent + Vertical World Model”, Fourth Paradigm has collaborated with numerous industry partners and has successfully implemented hundreds of reliable and controllable enterprise-level AI agent applications, covering scenarios such as financial credit risk control, water and electricity equipment maintenance, hydrological data monitoring, chronic disease management, intelligent course learning, automotive manufacturing MES system management, fluid dynamics design, intelligent after-sales customer service and academic administration assistant, comprehensively driving the intelligent transformation for enterprises.At the same time, Fourth Paradigm, in collaboration with partners, has released several out-of-the-box user-level agent solutions, such as intelligent meeting solutions, intelligent mouse solutions, and desktop AI search tools. These solutions cover AI agent capabilities such as simultaneous interpretation, one-click translation, robotic assistants, AI writing, and intelligent cross-platform search, helping enterprise business personnel achieve a leap in daily work efficiency.In addition, since the advent of DeepSeek, the inference and deployment costs of large models have significantly decreased, catalyzing market demand across large model implementation, integrated solutions deployment, and on-device AI applications. Fourth Paradigm has rapidly iterated its technical capabilities and product adaptations to deliver high-value solutions addressing these market needs.In terms of integrated solutions, Fourth Paradigm launched the out-of-the-box SageOne IA large model inference integrated solution, which enables seamless switching between the full-capacity model and multiple distilled models while supporting mainstream large models. This increases GPU utilization by over 30% and improves inference performance by an average of 5-10 times. Furthermore, SageOne IA comes with a rich suite of AI applications, helping developers efficiently create enterprise-level generative AI applications.For on-device AI, Fourth Paradigm launched the ModelHub AIoT on-device inference solution. This solution allows users to easily deploy small-sized distilled models such as DeepSeek R1, Qwen 2.5, and Llama 2/3 series on on-device devices for offline operation. It also balances model compression and inference performance while addressing the complexities of deployment and optimization. In addition, the Company has further expanded these capabilities into the consumer electronics sector, delivering AI Agent solutions that integrate hardware and software. That empowers consumer electronics manufacturers to launch AI-enabled terminal products that resonate with their users.In terms of Strategic Outlooks, Dr. Dai Wenyuan, Chairman of the Board, Executive Director, Chief Executive Officer and General Manager of Beijing Fourth Paradigm Technology Co., Ltd. said, “In recent years, generative AI has gained widespread recognition globally. As an AI technology service provider with over a decade of experience in the enterprise service sector, we have a deeper and more accurate understanding of how to organically integrate these rapidly evolving AI technologies to empower our enterprise clients, create tangible business value, and deliver practical efficiency improvements for both enterprises and individuals. This aligns with our ultimate vision that has always guided our business – AI for Everyone. Looking ahead, we will build on our decade-long expertise in the enterprise service sector, look toward the broader AI market, and leverage our AI capabilities to transform all possible business domains. We believe that the convergence of these diverse capabilities will form the cornerstone for achieving AGI.” Copyright 2025 ACN Newswire via SeaPRwire.com.
Marrakech, Morocco, Apr 8, 2025 - (ACN Newswire via SeaPRwire.com) - Morocco WEB3FEST GITEX Edition, a global conference series focused on technology and innovation in AI, Blockchain, and sustainability, organized by InactaVentures and co-hosted by The Hashgraph Association, being carried out in Marrakech, Morocco from April 14-16, 2025 is set to bring together the world’s foremost Web3 leaders, innovators, and investors at the intersection of technology, finance, and sustainability. Hosted in Marrakech during GITEX Africa, this premier event serves as a critical bridge linking the vibrant ecosystems of Africa, the Middle East, and Europe.With a strong commitment to advancingdecentralized technologies and sustainable innovation, Morocco WEB3FEST GITEX Edition is poised to drive meaningful dialogue and collaboration among industry pioneers, enterprises, and policymakers.What is the WEB3FEST?WEB3FEST is a global conference series focused on technology and innovation in AI, Blockchain and Sustainability. It serves as a vibrant hub where companies across the value chain – from agile startups to international corporations – converge to share ideas, build networks, and shape the future of the industry.Kamal Youssefi - President of The Hashgraph Association noted, “We are honored to be co- hosting the WEB3FEST in Morocco during GITEX Africa given that one of the aims of THA is to empower entrepreneurs, enterprises and governments with the technologies and knowhow needed to foray into Web3 while keepingsustainability at the heart of their endeavors. This is why Hedera network, considered one of the most sustainable in the world, is at the center of our conversations.”Ralf Glabischnig – Founder of Inacta Ventures, added, "Switzerland has always been a hub for Blockchaininnovation, and our Layer 1 technology is solving real-world challenges in developing countries. With Morocco as the perfect gateway to Africa, we are connecting European expertise with Africa’s immense potential for Blockchain adoption."Event Highlights:The Green Block TalksApril 14, 2025Sofitel Marrakech Palais ImperialA high-impact evening bringing together thought leaders and industry experts to discuss the role of AI and Web3 in driving sustainability. Featuring insightful panels, networking opportunities, and meaningful discussions.Featured Speakers:Ian Putter – Head of Blockchain COE, Standard BankTom Rieder – Director Marketplace, The Green BlockAbdelaziz Benyahya – Chief Transformation Officer, AXA MoroccoKamal Youssefi – President of The Board, The Hashgraph AssociationRalf Glabischnig – Founder, Inacta VenturesWEB3 Investor Dinner (Co-hosted by NEO AI)April 15, 2025Private Villa, MarrakechAn exclusive, invitation-only gathering for venture capitalists, fund managers, and private equity professionals.This intimate setting will facilitate high-level discussions on investment opportunities, portfolio strategies, and the evolving digital asset landscape.About the Organizer Inacta VenturesAt the helm of the WEB3 revolution, Inacta Ventures builds ecosystems, ventures, and smart capital strategies.With operations in the thriving Crypto Valley in Switzerland and the Crypto Oasis in the UAE, Inacta empowers over 100 portfolio companies and enterprises to scale groundbreaking WEB3 solutions.About the Co-Host The Hashgraph AssociationThe Hashgraph Association, a Swiss non-profit, drives global adoption of Hedera-powered solutions by funding innovation, training, and venture programs. It promotes economic inclusion and a digital future with a positive ESG impact. https://www.hashgraph.swiss/aboutRegistrationReserve your spot now and join the world’s brightest minds to shape the future of WEB3: Register HereFor more details, visit: web3fest.chContact:Fabio SchlafHead of Ecosystem Development Inacta Ventures & Crypto Oasis fabio.schlaf@inactaventures.com Copyright 2025 ACN Newswire via SeaPRwire.com.
HONG KONG, Apr 3, 2025 - (ACN Newswire via SeaPRwire.com) - JBM (Healthcare) Limited (“JBM Healthcare”; Stock Code: 2161, together with its subsidiaries, the “Group”), a leading branded healthcare products marketer and distributor in Hong Kong, announced today that it has acquired a 90% stake in Tin Hee Tong Medicine Factory, Limited (“Tin Hee Tong”,), at a total consideration of HK$171.0 million. Tin Hee Tong has now become a non-wholly owned subsidiary of JBM Healthcare.Strengthening the Portfolio with a Trusted Heritage BrandTin Hee Tong’s flagship product, Tin Hee Tong Tin Hee Pills, has a rich legacy and strong brand recognition across Hong Kong and Mainland China, particularly in Guangdong Province. The product is well formulated for regulating the female menstrual cycle, promoting reproductive health, and enhancing blood circulation for a radiant complexion. Tin Hee Tong Tin Hee Pills is a highly trusted brand for gynecological well-being among female consumers. Recognising its distinctive market position and long-term growth potential, the Group sees this acquisition as a valuable strategic fit for its proprietary Chinese medicines portfolio.Unlocking Growth Potential & SynergiesThe acquisition presents a compelling opportunity to expand the Group’s portfolio of proprietary Chinese medicines and accelerate its growth strategy. By integrating this iconic brand into its existing lineup, the Group is well-positioned to capitalise on rising consumer demand for holistic healthcare solutions.To maximise the brand’s potential, the Group plans to launch a comprehensive marketing campaign, leveraging its extensive expertise in brand management and revitalisation to boost consumer awareness and engagement. Additionally, the Group will expand distribution networks to capitalise on new market opportunities and customer segments. By combining the complementary strengths of both businesses, the acquisition is expected to generate significant synergies, reinforcing the Group’s strategy of acquiring assets that align with its long-term vision and create shareholders’ value.Proven Track Record in Brand RevitalisationThe Group has a proven track record of revitalising heritage proprietary medicines brands, effectively transforming legacy products into prominent market players. Its portfolio includes iconic brands such as Po Chai Pills — a market leader in proprietary Chinese gastrointestinal medicines, Ho Chai Kung — a widely recognised household name in the OTC pain killer category, and Flying Eagle Woodlok Oil — a rejuvenated brand in the traditional Chinese medicated oil sector, driven by creative advertising that blends Hong Kong nostalgia with broad consumer appeal.Through strategic brand revitalisation, omni-channel expansion, and digitally driven consumer engagement strategies, the Group has successfully transformed heritage brands into contemporary wellness solutions that resonate with both loyal customers and the younger, generations. With Tin Hee Tong Tin Hee Pills, JBM Healthcare is set to reinvigorate this trusted brand and expand its market presence.Mr. Patrick Wong, Chief Executive Officer of JBM Healthcare said, “The acquisition of Tin Hee Tong represents a pivotal step in strengthening our leadership in the proprietary Chinese medicines sector. With its rich heritage and strong recognition, Tin Hee Tong Tin Hee Pills is a highly complementary addition to our portfolio. Drawing on our proven brand revitalisation expertise, we are confident in unlocking its full growth potential and delivering long-term value to our shareholders.”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 , Tin Hee Tong Tin Hee Pills , Flying Eagle Woodlok Oil , Tong Tai Chung Woodlok Oil , Shiling Oil , Konsodona Medicated Oil , Contractubex and Mederma for Kids . 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 2025 ACN Newswire via SeaPRwire.com.
HONG KONG, Apr 1, 2025 - (ACN Newswire via SeaPRwire.com) - Amid a rapidly shifting global economic landscape, Chinese technology companies are emerging as dazzling stars on the international stage, driven by their innovative prowess and vast market potential. Quamnet has curated the “Quam Greater China Magnificent 7,” a selection aimed at identifying the most promising tech leaders in the Greater China region, unlocking new avenues for long-term wealth creation. These seven meticulously chosen tech giants not only dominate their respective fields but are also riding a powerful wave of technological breakthroughs, market expansion, and favorable policy support, signaling robust upward momentum. The rise of the “Quam Greater China Magnificent 7” is poised to inject a shot of confidence into the market, heralding the dawn of a new era for Chinese tech investments. “Quam Greater China Magnificent 7” Unveiled: A Powerhouse Lineup The “Quam Greater China Magnificent 7” comprises Alibaba (9988), Tencent Holdings (0700), Meituan (3690), Xiaomi Group (1810), BYD Company (1211), Pinduoduo (PDD.US), and TSMC (TSM.US). These seven titans, with their commanding positions in key industries and relentless pursuit of cutting-edge technology, stand as top-tier representatives of the Greater China and broader Asian tech landscape, while also wielding significant influence on the global stage. Outshining the U.S. Magnificent 7: Unique Strengths Take the Lead Compared to the globally renowned U.S. Magnificent 7, the “Quam Greater China Magnificent 7” showcases an undeniable and distinctive appeal. First, attractive valuations are a core highlight. In contrast to their American counterparts, Chinese tech stocks often trade at lower price-to-earnings ratios, offering investors a rare opportunity to enter at a discount. Second, these companies are deeply rooted in China—the world’s most dynamic developing economy—reaping the dual benefits of rapid economic growth and rising consumer spending, with growth potential far exceeding that of their peers in mature U.S. markets. Moreover, the “Quam Greater China Magnificent 7” taps directly into the immense opportunities of China’s domestic market, fueled by rapid urbanization, an expanding middle class, and strong government backing for strategic sectors like electric vehicles (EVs) and semiconductors. Investing in this group not only reduces over-reliance on U.S. markets, enhancing portfolio diversification, but also positions investors to capitalize on stabilizing regulatory conditions in China and a resurgence in global confidence, potentially reaping outsized returns as valuations soar. The “Quam Greater China Magnificent 7” brings together seven tech behemoths, each demonstrating unmatched market leadership and innovation in their domains, shining as guiding lights for the future. Alibaba, bolstered by the formidable support of Ant Group, reigns supreme in e-commerce, cloud computing, and digital payments, its influence unrivaled. The recent launch of its latest AI model, “Qwen 2.5,” underscores its technological ambition, signaling a bold push into artificial intelligence that promises to drive future growth. Tencent Holdings, anchored by the social media giant WeChat, its dominance in gaming, and deep expertise in fintech, sits firmly atop the industry throne. Its newly unveiled Hunyuan T1 model, with its high-efficiency, low-cost edge, stakes a claim in the AI race, showcasing Tencent’s formidable competitive strength. Meituan, the king of local services, holds an unassailable lead in food delivery and online travel, its user-centric service model setting the industry standard. Even more striking are its breakthroughs in drone technology and the “Wow AI” application, opening up entirely new growth frontiers. Xiaomi Group, advancing on dual fronts in consumer electronics and EVs, leverages its HyperOS system and autonomous driving technology to pioneer the smart era, its cross-sector innovation turning heads. BYD Company, a global leader in EVs and batteries, has long set the benchmark in the renewable energy space. Its DiPilot intelligent driving system seamlessly blends electrification with smart technology, ushering in a new chapter for the auto industry. Pinduoduo, a rising star in social e-commerce, has surged ahead with AI-driven supply chain optimization and personalized recommendations, redefining cost-effective consumption and rewriting the e-commerce playbook with its unique business model. Meanwhile, TSMC, the titan of semiconductor foundry services, posted revenues exceeding $90 billion in 2024, capitalizing on surging demand for AI chips to push its market dominance to new heights, cementing its role as an indispensable force in the global tech ecosystem. These seven giants not only stand tall in competitive markets but also lead industry trends with relentless innovation, unlocking boundless potential for the “Quam Greater China Magnificent 7” investment thesis. Growth Engines in Full Throttle: Limitless Potential Unleashed From steady core business expansion to ambitious multinational forays into emerging markets, these seven companies exhibit multidimensional growth prospects. Alibaba and Tencent are accelerating their cloud computing ambitions, Meituan is advancing drone delivery, while Xiaomi and BYD flex their muscles in the EV arena. At the same time, their leadership in AI and semiconductor technologies further solidifies their global competitiveness. On the policy front, China’s sustained support for EVs and semiconductors provides a robust tailwind for the group. With the mainland economy rebounding, consumer spending recovering, regulatory clarity improving, and geopolitical tensions easing, these seven stocks are primed for a valuation re-rating, promising substantial returns for investors. A Visionary Bet on China’s Economic Rise As torchbearers of technological progress in Greater China, the “Quam Greater China Magnificent 7” offers investors a prime platform to share in the region’s economic ascent. Whether in market leadership, technological innovation, or growth potential, these seven stand as industry paragons. Quamnet believes that as global attention refocuses on China, the “Quam Greater China Magnificent 7” is set to become the next big investment wave, ushering in a new era of wealth creation for forward-thinking investors.About Quam.net Financial Media LimitedEstablished in 1998, Quamnet is a comprehensive professional financial website that brings together financial information, proprietary research and analytical tools. With a broad range of financial services and providing of comprehensive Hong Kong market news, investment ideas, Hong Kong Investment company news and global market news.For further information, please contact:Venus Kuk, Tel: (852) 2217-2727, Email: Venus.kuk@quamgroup.comCarlos Tam, Tel: (852) 2217-2703, Email: Carlos.tam@quamgroup.com Copyright 2025 ACN Newswire via SeaPRwire.com.
