HIGHLIGHTS:- The Group’s gross billings amounted to approximately RMB1,705.4 million, representing an increase of approximately 83.3% from approximately RMB930.5 million for the Corresponding Period.- The Group’s total revenue was approximately RMB2,099.7 million, representing an increase of approximately 133.8% from approximately RMB898.1 million for the Corresponding Period.- The profit attributable to Shareholders of the Group was approximately RMB865.4 million, as compared to the net loss attributable to Shareholders of approximately RMB174.2 million for the Corresponding Period.- Taking into account the financial and cash flow positions of the Group, the Board recommends the payment of an interim dividend of approximately HKD238.9 million for the six months ended June 30, 2025, representing HKD0.51 per share (in cash).HONG KONG, Aug 29, 2025 - (ACN Newswire via SeaPRwire.com) - JF SmartInvest Holdings Ltd (the “Company” ; together with its subsidiaries, the "Group" or “we”) is pleased to announce its unaudited consolidated interim results for the six months ended June 30, 2025 (the “Reporting Period”). During the Reporting Period, the Company sustained robust operations and realized a revenue of approximately RMB2,099.7 million, representing a YOY growth of approximately 133.8%. Profit attributable to Shareholders amounted to approximately RMB865.4 million, representing a YOY turnaround to profit from the net loss attributable to Shareholders of approximately RMB174.2 million in the Corresponding Period, and an increase of approximately RMB1,039.6 million in the Reporting Period. These fully demonstrate the effective strategy execution and high market adaptability of the Company.The Company places great emphasis on Shareholders returns. Taking into account the financial and cash flow positions of the Group, the Board recommends the payment of an interim dividend of approximately HKD238.9 million for the six months ended June 30, 2025, representing HKD0.51 per share (in cash). Maintaining a prudent dividend policy not only reflects the strong profitability of our core business and our ample cash flows, but also highlights our strong sense of responsibility and commitment to Shareholders returns. Since the listing of the Company in 2023, the Company has made cash dividend payments for consecutive years with increasing dividend payout ratio. Notably, the dividend payout ratio reached 50.3% for 2024.Developing a dimensional product matrix for revenue diversificationLeveraging on the synergy and conversion of the products under our existing four main product lines, we further strengthened our core advantages in “intelligent algorithms + professional investment research + ecosystem services”, drove the transformation of our next-generation stock investing assistants from “feature-focused” to “experience-orientated”, and continued to improve our digital financial infrastructure, thereby facilitating the development of personalized and inclusive financial services.We consolidated the foundation of our large-amount software products and delivered our expertise in investment advisory services to ensure robust and strong performance of the core business. Empowered by AI technology, we fully delivered our expertise in investment advisory by newly launching 8 stock monitoring indicators and the “FinSphere SmartInvest” quantitative product that further strengthened our AI service capabilities. At the same time, we advanced the framework construction of our Stock Learning Machine through forming the three main matrices of “content, tool and trading” with focus on six core modules such as courses, live streaming and tools, to create a comprehensive learning platform. During the Reporting Period, It underwent 5 major version iterations and over 200 feature optimizations.In addition, we refined our small-amount series products to enhance our product strengths and operational capabilities and accelerate the platform development of our App. We built a Chief IP ecosystem integrating K-line chart analysis and expert insights,that enabled us to precisely distribute contents through a user tagging system. We upgraded our market information by enriching data such as capital flow trends, Hong Kong and US stocks, and launched new features of stock monitoring and portfolio watchlist. We optimized our information page with an infinite content feed, personalized recommendations, and improved visual hierarchy. Meanwhile, we also expanded multiple distribution channels including app stores, and refined our marketing strategies through data analysis. By sorting out the bottlenecks in registered users’ activation, we implemented tiered strategies to enhance utilization rates. Our homepage was dynamically optimized to enhance the attractiveness of its first screen. These measures accelerated the development of our App platform, broadened our user coverage and product exposure, increased the trustworthiness and stickiness of our App and created a closed loop of “content nurtures users and trust drives conversion”.Adhering to Artificial Intelligence + Investment Advisory strategy and refining our “1+N” investment research systemWith focus on the “buyer-side investment advisory” service, we vigorously developed “AI+” and further strengthened our “1+N” investment research system to fully penetrate our investment research into businesses and processes, so as to professionally support our customers in creating long-term value. We continued to make significant investment and effort in research and development. During the Reporting Period, we invested approximately RMB147 million in R&D activities. Meanwhile, as of the end of the Reporting Period, we had 139 software copyrights and patents on product features, big data, and AI, that represented an increase of 21 YOY.We actively explored the all-round empowerment of AI in the securities sector. We practiced “AI + Investment Advisory” providing a one-stop intelligent investment research platform which consolidates the core strengths of comprehensive stock analysis, multi-dimensional stock profiling, and diverse quantitative stock selection, and delivers professional investment research capabilities in an accessible, personalized, and empathetic manner that suits different types of investors. Meanwhile, considering compliance as our lifeline, we built an intelligent compliance and risk control platform covering the entire business process that creates a closed compliance loop of complete activity logging, data traceability, risk blocking, intelligent quality inspection and human-machine collaboration. During the Reporting Period, the cumulative number of behavioral monitoring tasks conducted by our “AI Monitoring Officer” increased by over approximately 77% as compared with 940 million in the Corresponding Period, and our “AI Inspection Officer” for content quality inspection assisted in nearly 2.2 million review tasks, reflecting that full coverage has been basically achieved.Based on our “1 research institute and N business lines” investment research system with our JF Financial Research Institute at the core, we continued to refine our underlying business competitiveness in securities investment advisory. Guided by the principle of “conducting higher-dimensional research and providing lower-dimensional services”, the institute is committed to developing a domestically leading and characteristically distinctive investment research service platform in China to provide long-term and steady, systematic, trustworthy and professional research services for investors. As of the end of the Reporting Period, the institute established a pyramid team structure consisting of 4 experts, 9 super-IPs and 128 professionals. It studied over 4,000 companies in over 20 industries.Refining traffic operation on MCNs with AI empowerment to build a high-quality traffic systemBy capitalizing on our refined traffic operations and realizing traffic reuse, we effectively expanded our business scale and improved our profit margins through optimization of operational efficiency. During the Reporting Period, using AIGC to optimize content production, we enhanced the production efficiency of premium contents. Moreover, using Douyin as our primary channel, we established a multi-platform layout with focus on Kuaishou, Xiaohongshu and Bilibili, to extend the boundaries of traffic operation scenarios. As of the end of the Reporting Period, the Company operated 994 MCN accounts on different internet platforms. These accounts attracted approximately 63.06 million followers, representing an increase of 17.47 million as compared with the Corresponding Period.At the same period, we actively practiced investor education for greater brand influence. We joined the Investor Education Alliance of China Fund and opened a Yinghua account to provide inclusive, systematic and differentiated investor education content for investors, contributing to the long-term development of stock investing theory. We exclusively sponsored Chinese Business Network’s live broadcast of the Berkshire Hathaway Annual Shareholders Meeting for the sixth consecutive year. Through “Buffett and Seven Lunches”, we helped investors build cognitive understanding of investing, and we specially organized a US study tour, bringing nearly a hundred investors to attend the meeting in person so that they could directly ask the stock god questions about value investing. This created a dialogue between the general investors and the iconic investor, aiming to provide them with more diverse and down-to-earth investment advice and forward-looking insights. We also attended “Financial Powerhouse”, a featured program of China Central Television, to provide deep explanation and analysis of the paradigm shift of the Company’s “AI + Investment Advisory” services empowered by fintech.Business outlookThe chairman of the Board and chief executive officer of JF SmartInvest Holdings Ltd, Mr. Chen Wenbin said: "Consistently adhering to the concepts of rational investing, value investing and long-term investing, we insisted on adopting a customer-centric approach to develop a dimensional product system and continuously improve our services. Looking forward to future, we, as a next-generation stock investing assistant, will continue to strengthen our competitiveness, solidify our market leadership and strive to make investing and wealth management easier yet more professional, and enhance the happiness of investment and wealth management. "About JF SmartInvest Holdings Ltd (Stock Code: 9636)JF SmartInvest Holdings Ltd is a new generation stock investment assistant. The Company is engaged in the provision of equity investment instruments, securities investment advisory, investor education and other services to individual investors. The products include stock quote software, stock learning machine, Stock Navigator, Super Investor and Jiuyao Stocks. The Company adopts the technology + investment research model, develops JF Robo-Advisor, FinSphere Agent, FinSphere Report and other products based on artificial intelligence (AI) and big data technology, which are applied to the industry in terms of innovative practice and scenario application.For enquiries, please contact:Financial PR (HK) LimitedEmail: ir@financialpr.hkTel: 852 2610 0846Fax: 852 2610 0842 Copyright 2025 ACN Newswire via SeaPRwire.com.
HONG KONG, Aug 29, 2025 - (ACN Newswire via SeaPRwire.com) - On 27 August, Fosun International (HKEX: 00656) announced its 2025 interim results, with total revenue reaching RMB87.28 billion, industrial operation profit amounting to RMB3.15 billion, and profit attributable to owners of the parent reaching RMB661.2 million.While these figures may seem uneventful at first glance, the underlying shifts are worth taking a closer look.In the first half of 2025, Fosun’s four core subsidiaries generated a total revenue of RMB63.61 billion, with their contribution to the Group’s total revenue rising from 70% in 2024 to 73%. This clearly reflects that Fosun has made notable progress in its core business-focused strategy and has actively strengthened both its operational capabilities and competitive advantages across key industries in recent years.Regarding Fosun’s investment in technology innovation, the first half of 2025 marked a “DeepSeek moment” for China’s innovative drug industry. Fosun’s consistent pursuit of the technology innovation strategy also delivered breakthroughs, fostering a number of globally competitive innovations. Its Health segment posted profit attributable to owners of the parent of RMB756 million, representing a year-on-year increase of 48.3%. Fosun’s investment in technology innovation reached RMB3.6 billion in the first half of 2025, representing sustained growth compared to the same period last year. After years of intense investment, Fosun has entered a phase of accelerated innovations.In addition, leveraging its long-term commitment to global operations, Fosun’s overseas revenue reached RMB46.67 billion in the first half of 2025, with its proportion of the Group’s total revenue rising from 49.3% in 2024 to 53%.These three sets of figures give us a glimpse into the changes in Fosun International’s fundamentals. After years of advancing its innovation and globalization strategies, these have become the core drivers of Fosun’s business growth, expanding the runway for future performance growth while driving a valuation re-rating of Fosun International.Multi-front breakthroughs in innovation poised to drive “adaptive growth”In the first half of 2025, Fosun entered a harvest phase for its innovation achievements. A total of 5 indications of 4 innovative drugs independently developed and licensed-in by Fosun Pharma were approved for launch both domestically and internationally, 4 innovative drugs had entered the pre-launch approval stage. Among them, the Class I new drug independently developed by Fosun Pharma, FUMAINING (luvometinib tablets), was approved for marketing in Chinese mainland, filling the treatment gap in the field of rare tumors and marking an important milestone in Fosun Pharma’s development in the fields of oncology and rare disease treatment.Fosun Pharma’s R&D investment totaled RMB2.584 billion in the first half of 2025, focusing on core therapeutic areas such as solid tumors, hematological tumors, and immuno-inflammatory diseases to build a high-value pipeline portfolio. Meanwhile, it actively expanded into chronic diseases (cardiovascular, kidney and metabolic diseases) and neurological fields.Leveraging the efficiency, cost advantages, and high quality of China’s R&D system, Henlius, a subsidiary of Fosun is scaling up its R&D capacity and building innovation capabilities comparable to those of leading multinational pharmaceutical companies. In the first half of 2025, Henlius achieved multiple breakthroughs in its core innovative products, including the PD-L1-targeting antibody-drug conjugate (ADC), HLX43 and the novel epitope anti-HER2 monoclonal antibody, HLX22.Among these innovative drugs, HLX43 is a PD-L1-targeting ADC currently in global Phase II clinical trials. It is undergoing clinical studies for solid tumors such as non-small cell lung cancer (NSCLC) and thymic carcinoma in countries including China, the US, Japan, and Australia. HLX43 has demonstrated notable competitiveness in terms of drug safety, efficacy, and R&D progress, and holds strong potential to become a broad-spectrum anti-cancer drug.Driven by its innovation strategy, Henlius achieved impressive growth in revenue, profit and cash flow in the first half of the year. Alongside its performance breakthroughs, Henlius has earned strong recognition from investors. As at 26 August, Henlius’ share price saw an impressive 254% surge year-to-date.Fosun’s innovative drug achievements in the first half of the year mark only a starting point. Nearly 20 clinical trials of Fosun Pharma’s innovative drugs were approved to be conducted by domestic and overseas regulatory institutions in the first half of the year, positioning Fosun for adaptive growth.Meanwhile, several promising molecules in Henlius’ early-stage pipeline are advancing rapidly, spanning ADCs, small molecules, T-cell engagers (TCEs), and more. Gradually stepping onto the global innovation stage, these candidates hold potential to become blockbuster products. For example, HLX43, a key focus, has enrolled more than 300 patients globally. Its global Phase II clinical trials are underway, with patient enrolment progressing smoothly across China, the US, Japan, and other countries and clinical efficacy data indicating strong potential for it to become a major product.Unleashing continued benefits from globalizationQuality innovations need the right platform to shine. Fosun’s success in innovative drug R&D is closely linked to another strategic capabilities, globalization. As one of the earliest Chinese private enterprises to go global, Fosun has spent over 30 years building its presence in more than 40 countries and regions worldwide, demonstrating well-recognized globalization capabilities.Fosun’s globalization capabilities have undoubtedly facilitated the establishment of a global innovation system integrating “independent R&D + investment incubation + ecosystem collaboration”, as well as the global expansion of innovative drugs.In August 2025, the small molecule orally administered DPP-1 inhibitor developed by Fosun Pharma achieved overseas licensing for a potential total of US$645 million, garnering strong investor attention. Currently, no small molecule orally administered inhibitors with the same mechanism of action have been approved for marketing worldwide.In the first half of 2025, Henlius’ globalization strategy was in full swing, with global product revenue exceeding RMB2.5568 billion, representing an increase of 3.1% year-on-year. Overseas products profits surged over 200%. Cash inflows from business development (BD) agreements exceeded RMB1 billion, surging 280% year-on-year. As the overseas sales volume of commercialized products continues to rise, Henlius is expected to see significant growth in overseas revenue and profits for the full year of 2025, with strong momentum likely to continue into 2026.Up to date, Henlius has 6 products launched in China, 4 approved for marketing in overseas markets, reaching about 60 markets in Asia, Europe, Latin America, North America and Oceania.Fosun’s globalization capabilities have also driven significant growth across industries such as consumption, cultural tourism, and intelligent manufacturing.Hainan Mining, a subsidiary of Fosun focusing on energy and bulk commodities, saw its overseas revenue proportion exceed that of Fosun International, reaching 57% in the first half of 2025. Hainan Mining commenced pilot production at Phase 1 of the Bougouni lithium mine in Mali. Coupled with the Roc Oil oilfield project in Malaysia and the recently acquired oilfield project in Oman, Hainan Mining is accelerating the building of a “Minerals + Energy” network spanning West Africa, the Middle East, and Southeast Asia.In recent years, the Yuyuan Lantern Festival, with a long history in Shanghai, has been steadily expanding its presence overseas. Following its overseas debut in Paris, France in late 2023, the themed lantern installation made a stunning appearance in Hanoi, Vietnam in January 2025, commemorating the 75th anniversary of the establishment of diplomatic relations between China and Vietnam. In June, the Lantern Festival lit up at ICONSIAM, a renowned commercial landmark in Bangkok, Thailand, as part of the celebrations marking the 50th anniversary of the establishment of diplomatic relations between China and Thailand.Songhelou, a time-honored Chinese brand under Yuyuan with a 268-year history, opened its first overseas restaurant in London, the UK. Yuyuan Jewelry Fashion Group will embark on its overseas expansion by the end of this year, targeting Hong Kong, Macau and Southeast Asia as key destinations.Fosun’s overseas subsidiaries have been actively expanding their presence globally. In the first half of 2025, Fosun Insurance Portugal’s international operations accounted for 28.2% of total consolidated business and overseas gross written premiums reached EUR924 million.Club Med, a global resort group under Fosun, once again achieved record-high global performance in the first half of 2025. Its business volume amounted to RMB9.25 billion, up 3.8% year-on-year; operating profit reached RMB1.27 billion, up 11.0% year-on-year.Entering a new phase of valuation recoveryPursuing innovation and globalization requires not only financial investment but also a long-term vision and the patience to endure challenging periods. For companies constantly navigating survival and development challenges, maintaining such persistence is no easy task.Since its establishment in 1992, Fosun has maintained high R&D investment in the Health segment and is now reaping the rewards with steadily increasing revenue contribution. Against the backdrop of booming technology innovations, driven by biopharmaceuticals and AI, Fosun holds strong potential to achieve adaptive growth fueled by blockbuster innovations.Globalization has been a strategic “first-mover” advantage for Fosun since the listing of Fosun International in 2007. While many competitors battled domestically, Fosun seized the opportunity presented by the 2008 global financial crisis to deepen its overseas business presence. As domestic competition intensifies, the imperative “go global or go home” is becoming clear for many companies. With over half of its revenue now from overseas markets, Fosun’s over a decade-long global footprint continues to deliver sustained development benefits.According to Fosun’s interim results, Fosun continued to optimize its asset portfolio in the first half of 2025, maintaining a solid financial position with ample cash reserves. As at 30 June 2025, the total debt to total capital ratio stood at 53%, with debt ratio remaining at a healthy level.In May 2025, the international credit rating agency S&P affirmed Fosun’s credit metrics and maintained its rating outlook as “Stable”. Fosun’s Hong Kong-listed companies in the Health segment saw a strong market capitalization performance in the first half of 2025, driving a revaluation of underlying asset values. As the macroeconomic landscape progressively brightens, Fosun International has initiated a new phase of valuation recovery. Copyright 2025 ACN Newswire via SeaPRwire.com.
HONG KONG, Aug 29, 2025 - (ACN Newswire via SeaPRwire.com) - 28 August , New Hope Service Holdings Limited (“New Hope Service”, SEHK stock code: 3658.HK) announces its interim results for the six months ended 30 June 2025(“the Period”). During the Period, New Hope Service recorded revenue of approximately RMB739.8 million, representing an increase of 4.3% compared with 2024. Gross profit was RMB233.7 million with a gross profit margin of 31.6%, while the profit attributable to the equity shareholders of the Company for the Reporting Period was RMB120.9 million, representing an increase of 2.4% compared with 2024, net profit margin attributable to parent company shareholders of 16.3%. The management fee rate decreasing for four consecutive years, down 7.1% year-over-year to 9.1%. The Board recommended to declare an interim dividend of HK$0.110 per Share for the six months ended 30 June 2025, demonstrating New Hope Service’s consistent strategy of actively rewarding shareholders and its confidence in future cash flow. Outstanding Market Expansion Results, Sustained Growth in Third-Party ContributionsIn the first half of 2025, New Hope Service's " keeping driven by high goals" strategy yielded significant results, completed the contracted amount of various third-party projects amounting to RMB560 million, representing a year-over-year increase of 59%, accounting for nearly 93% of the full-year 2024 contract target. Notably, benefiting from New Hope Service’s mature market expansion system and brand influence, successfully won the projects with contracted amount exceeding RMB10 million, including Tianyue Longting in Chengdu, Third City Zixiang Garden in Kunming, and Boyunting in Suzhou, market acceptance continues to grow. Furthermore, its independence was further enhanced, with the aggregate revenue from third parties accounting for 84%.During the period, New Hope Service's deep regional penetration strategy proved highly effective. The number of properties under management reached 254, with the total GFA under management exceeding 38.035 million sq.m. Among these, 96.6% of revenue from property management was from projects under management in first-tier, new first-tier and second-tier cities in China, particularly high-tier cities in Southwest and East China. As New Hope Service’s strategic base, the Southwest China region generated RMB219 million in property management revenue, accounting for 46.8% of total property management revenue and representing a year-on-year growth of 15.3%. The East China region achieved revenue of RMB166 million, accounting for 35.5% of total property management revenue with a year-on-year growth of 11.5%. These two core regions contributed 82.3% of New Hope Service’s total property management revenue, further consolidating regional synergy and scale effects.Enhancing High-Quality Services, Pursuing Both Quality Excellence and In-Depth Value Mining In the property management services segment, New Hope Service’s high-end service capabilities have become a key advantage in competition. By virtue of the D’LIFE high-end service system, New Hope Service successfully obtained the Aoyuan Peninsula ONE project in Chengdu (with a unit property management fee of RMB5/sq.m./month) during the Period. Additionally, Beihaojia obtained services for its first high-end residential project in Chengdu—Beichen S1—and the project in Fengxian, Shanghai. Notably, New Hope Service’s overall unit property management fee was RMB3.14/sq.m./month, representing a year-over-year increase of 3.6%, of which, the unit property management fee was RMB3.63/sq.m./month in Chengdu, reflecting the excellent overall quality of the projects.In the lifestyle services segment, New Hope Service continued to achieve breakthroughs in market-oriented expansion, with the penetration rate of retail business increased to 6.7%. The proportion of external customers increased to 60%, New Hope Service consecutively won the bids for several benchmark projects from Minsheng Bank Credit Card, the Industrial and Commercial Bank of China, and Yunnan Ping An Bank. The development of star products has yielded remarkable results, with the sales of hot-selling milk reaching RMB5.7 million, representing a year-on-year increase of 90%, and the sales volume of customized gift boxes exceeding 130,000 units. The segment’s overall capabilities of revenue generation and market-oriented operation continued to strengthen. The total number of operating projects reached 33, of which 91% were third-party projects. The “property + group meal” model covered 20 projects, Huiquan Community Canteen was launched, creating a model livelihood project of “government + public welfare + new services”.In the commercial operational segment, New Hope Service leverage expand incremental business and explore further opportunities in the existing market, successfully operating the Kunming Xishan Wanda and the Shiboli hotel, covering commerce, office buildings, and long-term rental apartments, significantly increasing the proportion of the revenue from third parties to 18.6%. Meanwhile, among commercial projects under management, Nanning Xinchangxing reported an occupancy rate of 96.07% with a year-on-year increase of 1.5% in rents, and the rent of Chengdu New Hope International representing a year-on-year increase of 11.2%, with an occupancy rate of 91.31%, both occupancy and collection rates were superior to industry averages, demonstrated excellent asset operation capabilities, achieving quality improvement against the trend.Effective Empowerment by Technology, Dual Growth in Operational Efficiency and Customer SatisfactionDuring the Period, New Hope Service achieved significant breakthroughs in digitalization to drive cost reduction and efficiency improvement. The "AI + Robot + Human" model was piloted at Crown Lake No. 1 , resulting in a 19.3% increase in labor efficiency and an annualized cost reduction of RMB6.4 million. Currently, this model is being accelerated for rollout to over 200 projects nationwide, with an expected management cost reduction of over RMB16 million.Furthermore, by having robots take over basic operations and AI empower the service chain, frontline staff can focus on high-value services, thereby driving the continued expansion of the closed loop of "cost reduction → efficiency improvement → satisfaction". This promoting the overall satisfaction rate to exceed 90 points, achieving dual improvements in service quality and customer satisfaction.Looking ahead, New Hope Service will adhered to a strategic orientation of high goals, deepen market expansion and brand building, and further advance the "Property +" strategy. Through the synergy of diversified businesses such as "Property + Commerce + Lifestyle", New Hope Service will explore new revenue growth drivers and effectively enhance the value of customer services. At the same time, digital operation will remain a key strategic investment area. New Hope Service will focus on AI algorithm iteration and robot technology application, through the combination of standardization, economies of scale and intelligence, we will build up long-term cost advantages and achieve the goal of continuous refined management, creating sustainable value returns for shareholders and customers.About New Hope ServiceNew Hope Service (3658.HK) is a local Sichuan integrated property management enterprise engaging in the provision of lifestyle service solutions with a leading position in the Western China region and strategic cultivation in Chengdu. Backed by New Hope Group Co., Ltd.* and its subsidiaries, a member of Fortune Global 500, the Group placed emphasis on adhering to “asset value appreciation and maintenance” and “care-free and wonderful life”, and provided building block services such as property management services, lifestyle services and commercial operational services for middle-to-high-end residences, corporate headquarters, medical institutions, commercial office buildings, government public facilities, financial institutions and various types of properties. As at 30 June 2025, the New Hope Service was honored to be the “TOP 15 Property Management Companies in China in terms of Overall Strength” by EH Consulting (up by 3 from the same period of last year), and the “No. 16 among China’s Top 100 Property Management Companies” by CRIC (up by 3 from the same period of last year), and was selected as the “Benchmark Property Service Company for Characteristic Property Model in China” for its high-end services.For latest news about New Hope Service, please go to the official websitehttps://www.newhopeservice.com.cnFor enquiry, please contact:Financial PR (HK) LimitedTim Yue/Hulk Liu/Lucy LiuTel:(852)2610 0846Fax:(852)2610 084 Copyright 2025 ACN Newswire via SeaPRwire.com.
EQS Newswire / 29/08/2025 / 13:25 UTC+8
Huitongda Network (9878.HK) 2025 Interim Results
Focusing on Lower-tier Markets, Strategic Transformation Yields Results;
AI Drives High-quality Development;
Profitability, Operating Cash Flow Significantly Improved, Multiple Key Metrics Hit Record Highs
(28 August 2025, Hong Kong) Huitongda Network Co., Ltd (“Huitongda” or “the Group”, stock code: 9878.HK), a leading industrial internet platform in China empowering township-based retail stores with its supply chain capabilities and digital technology, is pleased to announce its interim results for the six months ended 30 June 2025 (the “Period”).
During the Period, the Group continued to implement its dual-drive strategy, of “Enhancing Quality and Efficiency, and Promoting Innovative Development”, as the means to optimize business composition and drive technological advancement. As a result, the Group was able to capture the latest consumption and innovative trends, tapping into new growth areas while delivering significant improvement in profitability. In particular, gross profit margin, net profit margin, and net profit margin attributable to shareholders of the company have all reached historical highs. AI-related revenue contribution has also started from scratch and achieved significant breakthroughs during the Period, highlighting the fact that the Group has entered into a new development stage, shifting from scale-focused to profitability- and sustainability-focused.
Across-the-board Improvement in Profit Quality, With Healthy Growth In Cash Flow
In the first half of 2025, the Group recorded revenue of RMB24.342 billion. Benefited from its strong focus on efficiency enhancement and proactive measures to streamline low-margin and low-efficiency businesses, the Group has seen significant improvement in profitability with remarkable results:
During the Period, the Group reported an operating profit of RMB356 million, a YoY increase of 15.9%, and a net profit attributable to shareholders of the company of RMB139 million, a YoY increase of 10.8%. Gross profit margin also saw notable improvement, rising by 1.1 percentage points YoY to 4.6%, representing a significant YoY growth of 31.4%. Net cash generated from operating activities reached approximately RMB413 million, surging 65.7% compared to the same period last year.
Promoting Intelligent Supply Chain Development: Progress Made on Short-chain Distribution and Reverse Supply Chain
During the Period, the Group further refined its revenue mix, with revenue contributions from member stores increasing to 47%. The Group also improved its intelligent supply chain system through “Reverse Supply Chain + Short Supply chain + Digital Empowerment ”. In February 2025, the Group also launched three major supply chain upgrading projects: “Brand Express Project”, “Self-owned Brand Ecosystem Development Project”, and “Open Smart Supply Chain Project”, in an attempt to further improve the connection and efficiency with upstream and downstream players. Specific measures include:
- Deepened collaboration with leading brands such as Gree, Midea, Haier, and Apple, while also bringing in high-quality manufacturers such as Jiangxi Jinzhi, Wuhu Xinmei, and Guangdong Kangbao to expand the supply of high-margin products;
- On consumer electronics, the Group has strengthened its cooperation with Apple, with the scale of its O2O business increasing by 203% YoY, and the total number of O2O stores reaching 1,804;
- Sales revenue of self-owned brands exceeded RMB80 million, representing a rapid growth of 490.7% YoY. The outstanding performance highlights the breakthrough and substantial benefits of an flexible supply chain model.
In addition, the Group is actively expanding into new product categories, including wellness health, elderly-friendly, and quality lifestyle products, and has entered into strategic cooperations with companies such as Oulin Group and BOIN Hearing to jointly explore the emerging consumption needs in China’s lower-tier markets.
The Group also leveraged its supply chain and industry advantages to expand its online operational capabilities, including e-commerce, social networking, live streaming, content seeding, private domain operations, and cross-border expansion, opening multiple official flagship stores and brand-owned stores on various online platforms.
AI+SaaS Strategy in Full Force, Remarkable Results in Member Store Empowerment
During the Period, the Group's service business revenue reached RMB312 million. Advancing from traditional “SaaS” to “AI+” with key product launches and progress in customer acquisition, AI-related service revenue achieved a breakthrough in 1H2025, accounting for 20% of total service revenue and becoming a new growth engine of the Group.
In April 2025, the Group officially launched its self-developed “Qiancheng AI Super Store Manager” APP, which integrates more than 24 scenario-based AI agents, tackling core business needs including intelligent product selection, marketing and planning, and customer service. The AI agents, officially entered the commercialization stage in May, can help stores automatically complete 60% of daily management work.
Sampling shows that, with the help of the AI tools, member stores have seen an average 30% increase in operating efficiency, and a 15-20% reduction in inventory turnover.
Continue to Strengthen AI Capabilities, AI Agents See Growing Penetration into Different Business Scenarios
Riding on the AI technology revolution, Huitongda actively seized the opportunity to promote the integration of AI and industry applications during the Period, building a full-scenario AI empowerment system covering supply chain, store operations, and terminal services under its “One Cloud + Three Major Projects” strategy framework.
In particular, the Group launched the industry's first vertical large model trained for rural commercial scenarios: "Qiancheng Cloud AI”. Registered with the Cyberspace Administration of China in May 2025, it became one of the few vertical large models in China with the ability to adapt to the needs of lower-tier markets, supporting the value chain with AI computing and algorithm capabilities.
Comprehensive AI Agent Offerings in Place
- Intelligent Supply Chain: connecting with more than 500 factories through demand forecasting algorithms to optimize inventory management and supply chain efficiency;
- Intelligent Store Operations: using the “Qiancheng AI Super Store Manager” APP to cover 8 key business scenarios such as commodity management, marketing promotion, and customer service, automating 60% of daily management work in the process;
- Intelligent Storefront Services: launching AI Cashier terminals, edge computing devices and other hardware and software to provide integrated solutions, driving the digitalized development of member stores.
Deepened Ecosystem Collaboration and Accelerating Technological Advancement
In August 2025, the Group reached a comprehensive full-stack AI partnership with Alibaba Cloud, integrating Qwen’s large model capabilities to jointly develop innovative applications such as the "Large Model Intelligent Agent for Small Stores" and “AI Sales Intelligent Agent.” Supported by its accumulated data assets and multidimensional collaboration with Alibaba Cloud in data analysis, the collaboration is expected to yield growing applications across scenarios, while further strengthening its ability to realize the underlying value of data assets.
Through its systematic and strategic AI approach, Huitongda is transforming its decade-long data assets into intelligent productivity, gradually building an entry barrier for its AI digital retail operations in China’s rural markets. This is expected to lay a solid foundation for improving efficiency and profitability in the future.
Fulfilling Social Responsibilities and Growing Recognition
During the Period, the Group retained its spot on the “Fortune China 500” list and received numerous honors, including “Key Software Enterprise Encouraged by the State” and “High-Tech Enterprise.” The Group also welcomed various site visits, receiving high praise from governments at all levels in Jiangsu Province, showcasing its expanding corporate influence and social recognition.
The group’s “Wind ESG Rating” was upgraded from BBB to AA, and it has been awarded multiple ESG awards.
Future Strategy: Focus on High-quality Growth through Intelligent Development and Global Capital Support
Looking into the second half of 2025, the Group will continue to adhere to its principle of "quality improvement, efficiency enhancement and growing towards new horizons", by focusing on the following strategic initiatives:
- Advance the Development of Intelligent Supply Chain: On the product front, while continuing to deepen the presence in existing industries, expand high-potential emerging consumer categories in line with new consumption trends, such as hard discount, instant retail, smart home appliances, and elderly-friendly healthcare products. In terms of channel network, the Group will also ride on its established rural family-owned businesses presence, further accelerate the development of online, cross-border, government, and enterprise procurement channels, in an attempt to create a comprehensive coverage;
- Promote AI+SaaS Empowerment: on the one hand, deepen its full-stack AI comprehensive cooperation with Alibaba Cloud, accelerate the development and implementation of AI technology and AI agents, and jointly build a “AI+Industry” ecosystem in China’s rural markets. On the other hand, accelerate the development and commercialization of AI agents, and expedite the establishment of a full-scenario intelligent Agent matrix. On this basis, the Group will drive the upgrade of the “SaaS+AI+content” integrated servicing model, and introduce a compound pricing model of "standard products + pay-as-you-go + pay-for-performance”, promoting rapid growth in AI-related revenue and achieve high-quality, sustainable growth in service income.
- Pursue Dual-engine Growth: promote the growing synergy between "industrial development” and “capital operations”, with mergers and acquisitions(M&As) as one of the key drivers, and focus on M&A opportunities high-quality companies in supply chains, channel networks, and AI technologies.
The Group is confident that it will achieve steady growth in gross profit margin and net profit margin in 2025, laying the foundation for eventual dividend distribution, and creating stable and long-term value to its shareholders.
29/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.
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EQS Newswire / 29/08/2025 / 11:12 UTC+8
DPC Dash Ltd announces 2025 Interim Financial Results.
29/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.
The issuer is solely responsible for the content of this announcement.
Media archive at www.todayir.com
HONG KONG, Aug 29, 2025 - (ACN Newswire via SeaPRwire.com) - Yunkang Group Limited ("Yunkang" or the "Group"; Stock Code: 2325), a leading medical operation services provider in China, has announced its interim results for the six months ended 30 June 2025 (the "Reporting Period"). The Group adopted “one horizontal, one vertical” as its core business strategy: horizontally, it extended a lean management system to advance multi-mode collaboration among medical institution alliances; vertically, it focused on specialty-specific innovation in medical diagnostics to fast-track the translation and implementation of new technologies and products. Meanwhile, the Group leveraged AI to enhance the comprehensive solutions for medical institution alliances, promoted the practical application of AI in healthcare scenarios, and continuously strengthened the value of empowering clinical practices, demonstrating strong operational resilience.In the first half of 2025, due to multiple factors, including the centralized drug-procurement program, cost controls of medical insurance, and fierce market competition, the Group’s short-term results did not meet expectations. However, the Group remained committed to product and business model innovation, and further refined the mechanisms and processes of its operational management. By adhering to lean operations, the overall performance has achieved significant improvements. During the Reporting Period, the Group’s gross profit margin reached approximately 34.0%, representing an improvement of approximately 4.4% over the overall gross profit margin for 2024. The net loss amounted to RMB55.4 million, a significant decrease of 56.1% compared to the same period last year. The joint construction business remained the Group’s largest business segment, which recorded the revenue of RMB180.3 million, accounting for 57.6% of the total revenue, increased by approximately 9.6% as compared with the same period last year, achieving significant outcomes in empowering medical alliance clients through in-depth services, paving the way for the Group’s long-term high-quality growth. During the Reporting Period, the Group’s diagnostic testing services recorded revenue of RMB313.2 millionSteadily implementing “one horizontal, one vertical” strategy, with notable achievements in hospital-enterprise partnerships“One horizontal” ——Extending lean management system to deepen diverse forms of collaboration within medical institution alliancesYunkang has been committed to developing an innovative service mode for the joint construction of medical institution alliances featuring “professionalism as the foundation, standardization as the core, digital intelligence as the means, synergization as the goal”. During the Reporting Period, the Group provided nearly 450 alliance clients with multi-scenario solutions tailored to different clinical needs, including AI+ digital intelligence solutions for medical institution alliances, comprehensive collaborations with medical laboratories, solutions for regional/pathology centers and precision medicine center, and specialty-based solutions for alliance development, among other multi-model collaboration services. By leveraging Yunkang’s strengths, the Group assisted healthcare institutions at all levels in enhancing service capabilities and expanding service coverage, established a hierarchical and coordinated healthcare service system, and promoted the development of regional hierarchical diagnosis and treatment services.During the Reporting Period, despite increasingly fierce market competition, the Group maintained solid growth in the joint construction business through continuous deep collaboration with leading hospitals and municipal and county-level hospitals, further consolidating its competitive advantage.“One vertical” ——Joint innovation platform for diagnostic testing serves as strong driver for R&DThe Group has always focused on “clinical needs”, continuously strengthening hospital-enterprise collaboration and pioneering the establishment of a joint innovation platform for diagnostic testing, driving business expansion and product competitiveness. During the Reporting Period, the Group forged joint diagnostic innovation partnerships with dozens of top-tier medical institutions nationwide, delivering a portfolio of testing products addressing multiple infectious syndromes, including respiratory tract infections, central nervous system infections, urinary tract infections, gynecological infections, and tuberculosis, as well as genetic testing products for personalized medication. Collectively, these innovative products have served nearly 300 clients across the country, and achieved sustained growth in testing revenue.During the Reporting Period, Yunkang and Guangdong Provincial People’s Hospital successively launched a series of new panel products covering respiratory tract infections, central nervous system infections, and invasive fungal infections, successfully creating a standardized incubation model for domestic hospital-enterprise research innovation and translation, as well as a “1+N” medical inspection collaboration network. Moreover, throughout the process of scientific and technological innovation, both parties have gained rich clinical experience. With the active involvement and sustained efforts of dozens of domestic diagnostic experts and scholars, they formulated the Expert Consensus on the Application of tNGS for Clinical Standardization, which was published during the Reporting Period in Chinese Journal of Laboratory Medicine, a leading journal in China’s diagnostic field. During the Reporting Period, Yunkang also maintained close collaboration with the First Affiliated Hospital of Guangzhou Medical University, one of China’s top-tier hospitals, and successfully developed a urinary tNGS product, advancing the clinical practice of precision diagnosis and treatment for urinary tract infections. Simultaneously, Yunkang partnered with the First Affiliated Hospital of Jinan University to establish a “university-hospital-enterprise joint innovation platform” and incubated and operated the “innovation project of psychiatric drug genetic testing”, which has successfully yielded genetic testing products for antidepressants, anti-anxiety drugs, and sedative-hypnotics.AI empowers multi-modal solutions for medical institution alliances, improving quality and efficiency to deepen client services During the Reporting Period, Yunkang fully employed DeepSeek and achieved digital deployment across its platforms. Centered on the core concepts of “AI+” and “precision diagnostics”, Yunkang extensively applied artificial intelligence technology across the multi-technology platforms of its medical laboratories. Taking the in-depth integration of AI technology with Yunkang pathology diagnosis platform as an example, the per-slide efficiency of AI-empowered diagnostic was continuously optimized, achieving simultaneous improvements in intelligence, efficiency, and quality. Moreover, through the deployment of intelligent applications, Yunkang realized smart online customer services and the efficient review of results and reports, which fully streamlined diagnostic service processes and improved experience and satisfaction of its client services. In the process of jointly developing new technologies and products through hospital-enterprise R&D, Yunkang’s AI technology empowered product innovation and R&D across multiple aspects, including bioinformatics analysis, report interpretation, disease risk assessment, and development and translation of novel products, by leveraging the powerful data analysis, modeling, and predictive capabilities of large-scale AI models. This has accelerated the clinical implementation.Notably, Yunkang unveiled its medical AI model “ZhiYun” developed in collaboration with Runda Medical and Huawei, spanning the entire clinical workflow from pre-diagnosis to diagnosis and post-diagnosis. It will provide more efficient and convenient support and experience across all stages of clinical medical services. Meanwhile, Yunkang signed a strategic cooperation agreement with Runda Medical to strengthen in-depth collaboration across the industrial ecosystems in “AI + IVD + healthcare services”, jointly promoting the development and application of large-scale AI models in the medical field, and providing clients with digital-intelligence healthcare solutions. In the future, “ZhiYun”, the medical AI model, will be piloted in Yunkang’s healthcare partners and gradually rolled out nationwide, to improve quality and efficiency of medical institution alliance operations.Future prospects2025 marks the final lap for implementing the 14th Five-Year Plan. China has accelerated the capacity expansion of premium healthcare resources and their extension to lower-tier markets, resulting in a more balanced regional distribution. The country has also expedited the development of medical institution alliances and driven their upgrade from “framework building” to “high-quality operation”. Clinical treatment is also shifting from “broad-spectrum therapies” to “precision medicine”, with the growth potential of the industry continuing to be realized. At the same time, AI technology has continued to empower hierarchical diagnosis and treatment services, and the industry is embracing new growth opportunities. Looking ahead, Yunkang will continue to keep pace with industry development trends and align with national policies, further strengthening the value of empowering clinical practices, and persistently exploring the “product innovation + business innovation” dual-pronged model to accelerate business development, deeply empower medical testing services, and benefit more residents.Yunkang Group Limited (Stock Code: 2325)Yunkang Group is a leading medical operation service provider in China, which started to provide standardized medical diagnostic services to medical institutions at all levels as early as 2008. Leveraging its own professional diagnostic capabilities and the nationwide service network of integrated healthcare systems, Yunkang has gradually grown to become a medical operation service platform. Meanwhile, Yunkang is a medical operation service provider in China offering a full suite of diagnostic testing services which are diagnostic outsourcing services and diagnostic testing services for medical institution alliances. Yunkang provides diagnostic services through on-site diagnostic centers to collaborative hospitals in the integrated healthcare systems in China and assists them in improving their clinical diagnosis capabilities through co-developing diagnostic centers. As of today, Yunkang has successfully provided professional services to nearly 450 on-site diagnostic centers. As of June 30, 2025, the hospitals we collaborated with were located across 31 provinces and municipalities in China. Copyright 2025 ACN Newswire via SeaPRwire.com.
Toronto, ON, August 28, 2025 - (ACN Newswire via SeaPRwire.com) - Digital Shovel, a leading innovator in crypto mining infrastructure solutions, is thrilled to announce the successful completion of its partnership with IREN (formerly Iris Energy Limited), marked by the delivery of the final batch totaling 493 MW of busway sets, including active units and spares. This milestone, achieved well ahead of schedule, underscores Digital Shovel’s commitment to excellence and reliability in supporting next-generation data center operations.The partnership, formalized in February 2024, saw Digital Shovel supply IREN with almost 500 MW of busways, critical to powering IREN’s expanding data centers, which are optimized for Bitcoin mining and AI cloud services using 100% renewable energy. The project was completed without delays, with deliveries consistently surpassing expectations, enabling IREN to advance its operational timeline.“We are incredibly proud of the seamless execution of this partnership with IREN,” said Scot Johnson, CEO of Digital Shovel. “Delivering all 493 MW of busway sets ahead of schedule is a testament to our team’s dedication and the strength of our innovative solutions. IREN’s vision for sustainable, high-performance data centers aligns perfectly with our mission, and we’re excited about the impact this project will have on their growth.”The early completion of this contract also positions both companies for future collaboration. “This project has been a fantastic opportunity to showcase what we can achieve together,” Johnson added. “We’re eager to explore new ventures with IREN as they continue to lead in renewable energy-powered data centers for Bitcoin mining and AI applications.”The success of this deployment lays the foundation for expanded collaboration as demand for infrastructure solutions continues to surge. With proven capacity to deliver at scale and speed, Digital Shovel is positioned to help power the next generation of energy-efficient data centers across North America.For more information about Digital Shovel and its solutions, please visit www.digitalshovel.com.About Digital ShovelDigital Shovel is a leading vertically integrated HPC, AI and Bitcoin Mining systems manufacturer, building critical elements for datacenter construction. This includes turnkey modular datacenters, as well as infrastructure including switchgear, Smart PDUs, busway systems and more. For more info, visit www.DigitalShovel.com About IRENIREN (NASDAQ: IREN), formerly Iris Energy Limited, is an Australia-based company operating next-generation data centers powered by 100% renewable energy. With facilities optimized for Bitcoin mining, AI cloud services, and other power-dense computing applications, IREN is a global leader in sustainable, high-performance data center solutions. For more information, visit www.iren.com.Media Contact:Press@DigitalShovel.comhttps://www.digitalshovel.com Copyright 2025 ACN Newswire via SeaPRwire.com.
West Palm Beach, FL, Aug 28, 2025 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn., the official sports brand of the United States Polo Association (USPA), has agreed to a multi-year partnership as the new title sponsor of The Palm Beaches Marathon. The U.S. Polo Assn. Palm Beaches Marathon, a race owned and managed by Ken Kennerly's K2 Sports Ventures, will be held in Downtown West Palm Beach, Florida, on December 13-14, 2025.USPA MarathonThis renowned marathon event is recognized for its beautiful views of the waterfront and palm-tree-lined streets and welcomes runners from across the country and around the world to the warmth of Florida during the cold winter months. It is also a qualifier for the legendary Boston Marathon."U.S. Polo Assn. is honored to be the Title Sponsor of The Palm Beaches Marathon, an iconic event that, like our brand, is deeply rooted in this vibrant community of Palm Beach County," said J. Michael Prince, President and CEO of USPA Global, the company that oversees the global, multi-billion-dollar U.S. Polo Assn. brand. "While our sport-inspired brand has a worldwide footprint in more than 190 countries, our heart and heritage are right here in The Palm Beaches, home to USPA Global, the United States Polo Association, and the USPA National Polo Center, the most prestigious polo destination in the world."The race weekend will include the 5K and 10K at 7:30 a.m. Saturday, December 13, followed by the featured Marathon, Half Marathon, and Marathon Relay on Sunday, December 14 at 6 a.m. Early registration is now open. Cost is $130 for the Marathon and $100 for the Half Marathon. The early registration fee for the 10K is $60, and $45 for the 5K. To register for The U.S. Polo Assn. Palm Beaches Marathon, visit palmbeachmarathon.com.A Health and Fitness Expo will coincide with race packet pickup on Friday, December 12, from 12 p.m. to 6 p.m. and Saturday, December 13, from 10 a.m. to 6 p.m. at the Meyer Amphitheatre, 104 Datura St., West Palm Beach. The Expo will feature the latest in health and fitness products and services, running apparel, and upcoming race information."We are excited to add a renowned global brand like U.S. Polo Assn. as the Title Sponsor of The Palm Beaches Marathon," Kennerly said. "This is a massive deal for the future of our race and its appeal to runners throughout the world. The Palm Beaches are a globally recognized blue-chip destination, and we are looking forward to continuing to grow the race not only in our community, but also on an international level."U.S. Polo Assn. brand products include apparel for men, women, and children, as well as accessories, luggage, watches, shoes, home furnishings, and more, with distribution across 190 countries through independent retail stores, department stores, U.S. Polo Assn. brand stores and e-commerce."Partnering with The Palm Beaches Marathon allows us to celebrate athletic excellence, community spirit, health and wellness, as well as the shared passion for sport that connects us locally and around the world. From the polo fields to the streets of Palm Beach, we are inspired by the athletes who give their all, and we look forward to sharing in the energy, camaraderie, and world-class competition that make The Palm Beaches Marathon truly special," Prince added.The race will support local charities, soon to be announced.WPBF 25, the Hearst-owned ABC Affiliate, will return as the Official Broadcast Station of the race and will provide extensive pre- and post-race coverage on all on-air and digital channels, as well as produce a live broadcast on Marathon race morning."WPBF 25 is thrilled to extend our partnership for a second year in a row as the Official Broadcast Station of the U.S. Polo Assn. Palm Beaches Marathon, reaffirming our commitment to help bring such a unique and exciting event like this to our community," said President and General Manager, Caroline Taplett. "Working together with our incredible partners, Ken Kennerly and the Marathon team, we are dedicated to promoting a more connected community, supporting local businesses, and inspiring participants, locally, nationally, and internationally to join us in beautiful South Florida for this one-of-a-kind experience."About U.S. Polo Assn.U.S. Polo Assn. is the official sports brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in the United States, founded in 1890 and based at the USPA National Polo Center (NPC) in Wellington, Florida. This year, U.S. Polo Assn. celebrates 135 years of sports inspiration alongside the USPA. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. The brand sponsors major polo events around the world, including the U.S. Open Polo Championship®, held annually at NPC in The Palm Beaches, the premier polo tournament in the United States. Historic deals with ESPN in the United States, TNT and Eurosport in Europe, and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, PGA Tour, and Formula 1, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world. For more information, visit uspoloassnglobal.com and follow @uspoloassn.About The U.S. Polo Assn. Palm Beaches MarathonThe U.S. Polo Assn. Palm Beaches Marathon is a premier winter running event held annually in West Palm Beach, which features a range of race distances designed for runners of all abilities, including a full marathon, half marathon, 10K, 5K, and a 4-person marathon relay. Highlighted by a 100% flat, USATF-certified course, the Marathon serves as a Boston Marathon qualifier. The scenic route allows runners to experience West Palm Beach's vibrant downtown as it winds along palm-lined Flagler Drive, past historic neighborhoods, and features sparkling waterfront views. The event also supports community and charity efforts. Visit palmbeachmarathon.com.Contact InformationStacey KovalskyU.S. Polo Assn.skovalsky@uspagl.com(954) 673-1331Gary FermanSpecialty Sports(954) 558-5203SOURCE: U.S. Polo Assn. Copyright 2025 ACN Newswire via SeaPRwire.com.
HONG KONG, Aug 28, 2025 - (ACN Newswire via SeaPRwire.com) - Shoucheng Holdings Limited (0697.HK, hereinafter referred to as “Shoucheng Holdings”), Beijing Shoucheng Robotics Technology Industry Co., Ltd. (hereinafter referred to as “Shoucheng Robotics”), IAT Automobile Technology Co., Ltd. (300825.SZ, hereinafter referred to as “IAT”), and Beijing IATROBOT Technology Co., Ltd. (hereinafter referred to as “IATROBOT”) officially signed a strategic cooperation framework agreement.The four parties will leverage their respective strengths to carry out comprehensive cooperation in technological innovation, application deployment, industry chain collaboration, and talent cultivation within the robotics sector, jointly accelerating the development of new business models in the “Robotics + Automobiles” field.I. Industry Background: Robotics Entering the Acceleration Phase of Application DeploymentAt present, the global robotics industry is in a stage of rapid development, with national strategies and policies being introduced intensively. On August 26, the State Council officially released the Opinions of the State Council on Deeply Implementing the “AI+” Initiative (Guo Fa [2025] No. 11), which explicitly calls for promoting the extensive and in-depth integration of artificial intelligence with various industries and fields across the economy and society, and accelerating the formation of new models of intelligent economy and intelligent society characterized by human-machine collaboration, cross-industry integration, and co-creation.Under this national strategy, the robotics industry is shifting from “technological breakthroughs” to “application deployment.” Automobiles and robotics, as two highly complementary industries, are increasingly showing a trend of cross-sector integration. The cooperation between Shoucheng Holdings and IAT Group, under the dual drivers of favorable policy and strong market demand, will inject new momentum into robotics applications across key segments such as R&D, manufacturing, transportation, and mobility services.IAT is a leading enterprise in China’s automotive design field and the only independent automotive design company listed on the A-share market. The company provides full-process services ranging from complete vehicle R&D and design to core component manufacturing, while pursuing a globalization strategy of “technology + supply chain.” According to public information, IAT has served more than 80 clients and participated in the development of nearly 500 vehicle models. Its clients include major OEMs such as FAW, Dongfeng, BAIC, Geely, emerging EV brands, as well as joint-venture automakers. This highlights IAT’s strong OEM resources and delivery capabilities across the automotive value chain.At the same time, through its subsidiary — Beijing IATROBOT Technology Co., Ltd. — IAT has officially entered the robotics sector. IATROBOT is dedicated to building an integrated R&D, design, and simulation training platform, capable of supporting multi-scenario robotics development from simulation and testing to optimization. The company has already launched multiple R&D projects, including wheeled robots, underwater robots, drilling robots, and pet-care robots, demonstrating its potential in cross-scenario development and industry collaboration. The involvement of IATROBOT expands the scope of this cooperation beyond traditional automotive design, providing important support for the integration of robotics R&D, simulation, and automotive industrialization.By partnering with IAT and IATROBOT, Shoucheng will be able to embed robotics technologies deeply into the core stages of the automotive value chain, such as vehicle manufacturing, intelligent assembly, and production line testing. This will enable robots to truly enter the production line and accelerate industrial adoption. This strategic cooperation is not merely a technological connection — it leverages IAT’s extensive OEM client network to move robotics scenarios from “next-door demonstrations” directly into the “factory workshop,” bridging the crucial pathway between R&D validation and scaled industrial delivery.II. Key Areas of Cooperation: Balancing R&D Breakthroughs and Application DeploymentGuided by the State Council’s “AI+” Initiative, the four parties will anchor their collaboration on the full chain of “technology R&D — industrial application — ecosystem co-construction,” working together to drive industrial innovation. The cooperation will focus on the following areas to promote the deep integration of robotics and automobiles:(1) Technological Innovation and Joint R&DThe four parties will jointly build an integrated robotics R&D and simulation platform, drawing on the comprehensive R&D system of the automotive industry. The focus will be on achieving breakthroughs in key areas such as motion control, structural optimization, automotive-grade components, and large-scale manufacturing. Leveraging NVIDIA Isaac/Omniverse technology, the parties will co-develop an integrated simulation training platform that not only supports simulation of robotics applications in automotive R&D, manufacturing, and testing, but also enables cross-scenario simulations such as collaborative operations between autonomous driving vehicles and logistics robots.In addition, a mechanism for data and outcome sharing will be established: Shoucheng Holdings will provide operational data resources from transportation and mobility scenarios, while IAT will contribute expertise in automotive engineering and robotics R&D, together forming a complete closed loop spanning simulation — R&D — validation — production line application.(2) Priority Procurement and Synergy MechanismAcross R&D design, simulation training, complete machine and component supply, the four parties will adopt a priority procurement mechanism, under which signatories will be given preference as partners under equivalent conditions. Shoucheng Holdings and Shoucheng Robotics will focus on product promotion, distribution, and supporting services, while IAT and IATROBOT will concentrate on technology R&D, engineering validation, and customized whole-machine development.The parties will also work together to advance secondary development of robotic systems, ensuring optimal adaptation of robotics products to scenarios such as automotive production lines, intelligent assembly, and line testing. Through division of labor and collaborative mechanisms, a complementary cycle of product supply — technological innovation — application feedback will be established, accelerating the conversion of results and enhancing commercialization efficiency.(3) Talent DevelopmentLeveraging the research and industrial platforms of Shoucheng, IAT, and their partners, the four parties will jointly carry out technological problem-solving, simulation training, and application pilots, providing researchers and engineers with cross-industry, cross-scenario practical environments. Regular technical seminars and industry forums will be held, inviting experts and upstream and downstream enterprises to participate, thereby establishing a joint talent development mechanism. This initiative aims to cultivate a new generation of young researchers with both automotive engineering backgrounds and practical experience in robotics industrialization, laying a solid talent foundation for long-term growth.(4) Expanding Development HorizonsThe four parties will closely align with national strategies for “AI+” and robotics industry development, with a focus on scaling up “Robotics + Automobiles” applications in R&D, manufacturing, testing, and mobility services. Building on this foundation, the cooperation will gradually extend into broader fields such as smart transportation, intelligent manufacturing, healthcare, education, and public services, covering the design, R&D, production, testing, and commercialization of robots and core components. At the same time, by integrating capital and industry, the parties will drive coordinated upgrades across the value chain, ultimately forming a full-cycle closed loop from R&D validation to large-scale application. This will create a demonstrative “Robotics + Automobiles” application matrix, achieving mutual benefits and long-term value creation.III. Strategic Significance: Establishing a New Benchmark for Robotics ApplicationsThe greatest value of the robotics industry lies in real-world applications, and “Robotics + Automobiles” stands out as one of the most promising and high-potential application directions. From complete vehicle R&D to intelligent manufacturing, from traffic scheduling to smart mobility, robots will create tremendous value across the entire automotive value chain.Shoucheng Holdings, leveraging its capital platform, ecosystem resources, and industrial fund advantages, has invested in leading domestic enterprises such as Unitree Robotics, Galbot, Noetix Robotics, Galaxea-AI, and Booster Robotics, equipping it with the capability to integrate frontier technologies. Shoucheng Robotics has established collaborations with hundreds of high-quality upstream and downstream enterprises, making it one of the most comprehensive resource-linking platforms in China. IAT and IATROBOT, in turn, bring mature automotive engineering systems into robotics R&D and industrialization. Together, the combined strengths of both sides will form a complete pathway of “R&D — iteration — application — scale-up.”By joining forces with IAT, Shoucheng will further integrate its scenario resources and industrial ecosystem with IAT’s expertise in vehicle R&D, engineering capabilities, and industrialization experience. Over the next one to two years, the cooperation will focus on the deep integration of “Robotics + Automobiles,” taking the lead in demonstrating large-scale applications across vehicle R&D, production and manufacturing, smart transportation, and mobility services. This will accelerate the transition of robotics from laboratories to industrialization and large-scale deployment, creating a demonstrative “Robotics + Automobiles” application matrix. At the same time, the cooperation will also look to the international market, bringing Chinese solutions to the global stage, fostering new quality productivity, and generating long-term value for shareholders.Posted by All Way Success Company Limited for Shoucheng Holdings www.shouchengholdings.com [HKSE:0697, FRA:SHVA, OTCPK:SHNHF] Copyright 2025 ACN Newswire via SeaPRwire.com.
Financial Highlights (Unaudited)(HKD Thousand)Six months ended 30 June20252024Revenue122,775135,347Gross Profit47,27748,767Profit Attributable to Owners of the Company8,17218,510Gross Profit Margin39%36%Basic Earnings per Share (HK cents)0.581.31HONG KONG, Aug 28, 2025 - (ACN Newswire via SeaPRwire.com) Dynasty Fine Wines Group Limited (“Dynasty” or the “Group”) (Stock Code: 00828), a premier grape winemaker in China, today announced its unaudited interim results for the six months ended 30 June 2025.In the first half of 2025, as the Group strengthened the effort for dry white market in coastal region and the new launch of white wine and sparkling wine products, the Group’s sales revenue of white wine products maintained a good momentum. But due to the impact of macroeconomy, fluctuations in consumer market in the PRC, as well as increase in marketing and promotion expenses, the Group's revenue for the first half of 2025 decreased by 9% to approximately HKD 123 million compared to the same period in 2024. Profit attributable to owners of the Company declined by 56% to approximately HKD 8.2 million year-on-year. Basic earnings per share were approximately HK0.58 cents per share. The overall gross profit margin increased to 39% from 36% for the corresponding period in 2024, mainly due to optimisation of product mix during the period.Sales of white wines products of the Group served as the Group’s primary revenue contributor during the period. Sales revenue of red and white wines products accounted for approximately 41% and 54% of the Group’s overall revenue respectively for the period. During the period, the gross profit margin of red wine products and white wine products were 38% and 39% respectively.The Group has been actively pursuing innovation, embracing the “5+4+N” product strategy, with “N” standing for developing various customised products and continuously creating new products to meet the diverse needs of different Chinese consumer groups. During the period under review, the Group continued launching new products and carrying out product upgrade, that can better suit different palates, and cater for consumers with different spending power. That was done with an aim to invigorate the brand, as well as consolidating the image of Dynasty representative of domestic grape wine brand. The Group produced a wide range of more than 100 wine products under the “Dynasty” brand to meet the demands and preferences of different consumer groups mainly in the mass-market segments in the PRC wine market. During the period under review, the Group launched a new high-end product, i.e. Dynasty Chinese Zodiac Commemorative Dry Red Wine for the Yi Si Year of Snake, integrating with the Chinese zodiac culture and the leading rise of Chinese style fashionable products, by presenting the zodiac culture in a youthful visual language to attract potential consumers. During this period, the Group continued strengthening cooperation with the Wine Association and carried out activities such as "Dragon University Tours" to further expand the brand's awareness and reputation among young people. Based on its existing high-quality products, the Group continues to introduce new products and promote product upgrades. The Group participated in the 112th China Food & Drinks Fair in March 2025, introducing new products such as Tianyang Tea-flavoured wine series, Dynasty Baifu VSOP brandy, etc., to further improve its product matrix and provide consumers with diverse consumption choices. Breaking through from the constraints of traditional wine, this tea-flavoured wine series, with its core concept of "tea and wine fusion", has captured market attention with its unique craftsmanship. Based on white wine, this Tea-flavoured wine infuses the aromas of jasmine and Pu'er tea, creating a new oriental flavour within the traditional sparkling wine landscape. During the China Food & Drinks Fair, the Group also held wine-tasting events, where the new wines from Dynasty Tianxia Winery won industry praise for their unique flavor and exquisite craftsmanship.Further to our commitment to core wine business in the PRC, the Group will develop new alcoholic beverages segments such as sauce-flavour baijiu, yellow wine and special yellow wine – Chenpi wine, through the newly set up joint venture companies, so as to diversify the sources of revenue. Dynasty sauce-flavour baijiu products, namely ‘Han’, ‘Tang’, ‘Song’ and ‘Ming’ have been newly launched in Tianjin core-market with enthusiastic responses and will be further strategically promoted to other regions in the second half of the year. The sauce-flavour baijiu products satisfy the needs of customer groups with different spending habits and contributing to the Group’s business. In the future, the continuous development and expansion of the sauce-flavour baijiu industry and the improvement of the level of customer groups will inevitably and effectively drive the increase in the sales of Dynasty wine and related products, thereby enhancing our industry influence and brand awareness. For the yellow wine project, after planning, a manufacturing plant with a tank capacity of 3,000 tonnes of yellow wine and special yellow wine – Chenpi wine in Jiangsu will be under construction in the second half of 2025. Upon completion of the construction works, the Group will be able to produce special yellow wine – Dongtai Chenpi Wine which allows the Group to effectively expand product categories, seize development opportunities in the Chinese yellow wine industry, and achieve a major strategic move towards high-quality development of the wine industry.Regarding E-commerce sales, the e-commerce team of the Group comprehensively operated online stores on traditional e-commerce platforms, such as JD.com, Tmall and Pinduoduo for product sales, as well as comprehensive innovation on its brand, product categories, and business systems, procedures and models via interest-based ecommerce platforms, including RED, Kuai and TikTok during the period under review. The Group’s autonomous brand communications could continue to gain the attention of mainstream consumer groups and demographic segments, and enhance effective market penetration of the Group’s products targeted at young consumers. The e-commerce team also actively cultivate e-commerce live broadcasting talents to further expand its sales channels so as to build up a new customer base.In addition, during the period under review, the Group had boasted brilliant results in major wine appraisal competitions. Among the numerous awards, “Dynasty Jin. Y Brandy XO barrel-aged 12 years” has won the Silver Award, at the 2025 International Wine & Spirit Competition (“IWSC”). The competition is considered the international standard for wine and spirits quality. Dynasty Baifu VSOP Brandy, Golden Dynasty Marselan Dry Red Wine, as well as Tianyang Tea-flavoured Wine series are also awarded at the “2024 Qingzhuo Awards” in respective categories by China Alcoholic Beverages Association. “Dynasty Mengyuan White wine” has also won the Grand Gold Medal at the France International Wine Awards (“FIWA”) China region, Spring 2025 for its excellent quality. In addition, “Dynasty Inherit series -Dry Red Wine” has garnered the Gold Award at the same competition. These wines stood out from other entries for their elegant aroma, smooth body and round taste, and won the awards at the competitions, showing the charm and strengths of Dynasty wines to the country and the world.Mr. Wan Shoupeng, Chairman of Dynasty, concluded, “Looking ahead to the second half of 2025, the Group will continue to focus on market and consumer demand and promote product quality through technological innovation. At the same time, the Group will continue to innovate marketing strategies to stimulate brand vitality, further expand the market share of Dynasty’s products, strengthen Dynasty’s brand image representative of domestic wines, and set a benchmark for the Chinese wine industry, with the aim of bringing Dynasty’s superior wines to more consumers in the PRC. The Group will continue to proactively develop new marketing prospects through innovation in product categories and consumption scenarios, and cross-industry co-operations in order to boost sales volume, which is in line with the country’s effort to promote domestic consumption and release the consumption growth potential.”About Dynasty Fine Wines Group LimitedDynasty Fine Wines Group Limited was listed on the Main Board of The Stock Exchange of Hong Kong Limited with the stock code 00828 on 26 January 2005. Founded in 1980, Dynasty is the premier grape winemaker in China. It is principally engaged in the production and sale of grape wine products under its reputable “Dynasty” brand. Dynasty is the first Sino-foreign joint venture wine company in China with Tianjin Food Group Limited and the French grape wine giant, Remy Cointreau, as its current major shareholders. The Group produces and sells more than 100 grape wine product series, and introduces imported wine products, providing high-quality and value-for-money grape wines to the full range of consumer groups in China. Copyright 2025 ACN Newswire via SeaPRwire.com.
Healthy pipeline, diversification and cost discipline position the Company for long-term growthKey Financial Performance Highlights for the Financial Year (FY2025):- Group’s total revenue for the financial year is RM222.7 million, mainly driven by the e-mobility and energy storage segment, supplemented by the electronics segment.- Recorded LAT of RM40.9 million for Q4FY2025 and LAT of RM27.2 million for the financial year.BANGI, Malaysia, Aug 28, 2025 - (ACN Newswire via SeaPRwire.com) - Technology leader in providing turnkey, intelligent manufacturing automation solutions, Genetec Technology Berhad (“Genetec” or the “Company”), today announced its financial results for the year ended 30 June 2025 (“FY2025”). The Company reported a gross profit of RM12.7 million for FY2025, supported by continued deliveries in the e-mobility and energy storage segments. The Company recorded a loss after tax (LAT), mainly reflecting higher logistics costs and non-operational, one-off expenses, while underlying fundamentals remain intact.Performance was affected by logistics constrains and one-off costs. Despite this, the Company continued to invest in strengthening its capabilities and supporting future project scopes. Profitability is expected to normalise in FY2026 as markets stabilise and as projects are executed effectively. Genetec is also reinforcing its organisation by bringing in experienced professionals into strategic roles, aimed at broadening capabilities and supporting its long-term diversification strategy.Healthy Orderbook through Diversified MarketsThe Company’s order and tender books remain intact and healthy, underpinned by recurring orders from existing clients as well as new opportunities from a more diversified client base across multiple industries and regions.Deepening Engagement with Existing ClientsAlongside diversification, Genetec continues to strengthen partnerships with its existing clients. Recurring orders and new programme awards reflect the trust and confidence these clients place in Genetec’s execution capabilities and proven track record.Global Manufacturing Trends Creating TailwindsGlobal geopolitical shifts are leading manufacturers across industries to re-evaluate their production footprints and enhance operational resilience. This trend is fuelling greater demand for automation solutions that are flexible, cost-competitive, and consistently high in quality. With its Malaysia-based production model, strong international track record, deep technical know-how, and agile manufacturing capabilities, Genetec is well-positioned to support clients as they navigate and adapt to these evolving requirements.Positive Outlook for BESS PipelinesThe Battery Energy Storage System (BESS) segment continues to gain momentum, with Genetec executing projects across domestic and international markets, and seeing growing local interest in BESS solutions for peak shaving following the recent tariff revision.Chief Executive Officer and Co-founder of Genetec, Chin Kem Weng commented, “FY2025 was a year of investment and transition. We made deliberate strategic choices to strengthen our foundation, safeguard delivery timelines, and support new project scopes. While these factors impacted margins in the short term, they reinforce our capabilities and credibility as a trusted partner. We expect profitability to normalise as market stabilise and as we build on execution experience.”“At the same time, our pipelines remain healthy, supported by recurring orders from existing clients and new opportunities across diversified industries and regions. Our inclusion in both the conventional and Shariah FTSE4Good Bursa Malaysia indices reflects the strength of our governance and sustainability practices. As Genetec approaches our 30th year in business, we remain committed to creating long-term value for clients, shareholders, and stakeholders.”About Genetec Technology BerhadGenetec Technology Berhad is a public listed company on the Main Market of Bursa Malaysia Securities Berhad (Stock code: 0104) and a global leader in providing customised, turnkey smart factory automation solutions. With a strong international footprint, it serves a diverse range of industries including electric vehicle (EV), e-mobility and energy storage, automotive, hard disk drives (HDD), consumer electronics, appliances, and pharmaceuticals.For more information please visit: https://genetec.net/.Issued on behalf of Genetec Technology Berhad by Narro CommunicationsFor media enquiries on Genetec Technology Berhad, please contact:Farah Shahrul Narro Communications E: farah@narrocomms.com Joyce ShaminiNarro CommunicationsE: joyce@narrocomms.com Copyright 2025 ACN Newswire via SeaPRwire.com.
HONG KONG, Aug 28, 2025 - (ACN Newswire via SeaPRwire.com) - SenseTime Group Inc. (“SenseTime” or the “Company”; Stock Code: 0020) announced its interim results today for the six months ended June 30, 2025 (“1H”).In 1H 2025, SenseTime delivered results that exceeded market expectations, with total revenue increasing by 36% period-over-period to RMB 2.4 billion. Generative AI revenue maintained high growth for the third consecutive year, rising by 73%. The adjusted net loss narrowed significantly both period-over-period and quarter-over-quarter, decreasing by 50% period-over-period. Trade receivable collections reached RMB 3.2 billion, up 96% period-over-period and marking a record high. As of 1H 2025, the Group’s cash reserves amounted to RMB 13.2 billion.In 1H 2025, the Group continued to deepen its “1+X” strategy and achieved substantive results, maintaining robust business momentum and further optimizing its structure. Under this framework, Generative AI and Computer Vision form the “1”, the Group’s core businesses and dual engines, while the “X” represents the X Businesses segment, which adopts innovation ecosystem incubation as its core strategy, focusing on four verticals: Smart Auto, Smart Healthcare, Home Robotics, and Smart Retail.Generative AI further increased its contribution to Group revenue to 77%. The multimodal capabilities of the SenseNova large model have reached the global forefront, with applications centered on two core scenarios, productivity tools and interaction tools, rapidly enhancing penetration and customer loyalty. Among these, the “Raccoon” series represents productivity tools, offering finance, education, and public service versions, and has surpassed 3 million users. In interaction tools, SenseNova V6.5 achieved the integration of text with audio and video, with multimodal real-time interaction hours increasing by 510% within the year. The Computer Vision segment re-ignited its growth curve, leveraging a high-quality customer strategy and leading market share to improve both profitability and cash flow. As of end-June 2025, the Computer Vision segment served more than 660 customers across China and international markets, with a long-term repeat purchase customer ratio of 57%. Overseas pipelines and new orders grew significantly period-over-period in 1H 2025.At the organizational level, SenseTime encouraged firm-wide entrepreneurship around its “1” and “X” businesses through a “Re-CoFound” organizational transition, creating a leadership structure with professionalism and diversity. Autonomous founding teams were appointed for each innovative business, enabling the “X” businesses to unlock operational vitality and capital market appeal following the strategic restructuring.Dr. Xu Li, Chairman of the Board and CEO of SenseTime, said, “Against the backdrop of China’s State Council announcing the “AI Plus” Initiative as a key policy, SenseTime has seized the opportunity for implementation and deepened its presence across industries. With Generative AI and Computer Vision as dual engines, SenseTime will build on its leadership in Computer Vision to capture the unprecedented opportunities brought by Generative AI and to create sustained value for employees, customers, and shareholders.”Key Highlights of the Company’s Business Operations in 1H 2025- The total revenue of the Group increased 36% period-over-period to RMB 2.4 billion, with growth momentum further accelerating compared to previous years. Adjusted EBITDA and adjusted net loss both improved significantly, narrowing by 72.5% and 50.0% period-over-period, respectively.- Trade receivable collections reached a record high of RMB 3.2 billion, up 96% period-over-period, while trade receivable turnover days shortened by 49% period-over-period.- Net cash outflow from operating activities narrowed significantly by 82% period-over-period, reflecting strengthened cash generation capability. The Group’s total cash reserves increased to RMB 13.2 billion, providing ample funding to support the Group’s focus on long-term strategic implementation.About SenseTimeSenseTime is a leading AI software company focused on creating a better AI-empowered future through innovation. We are committed to advancing the state of the art in AI research, developing scalable and affordable AI software platforms that benefit businesses, people and society as a whole, while attracting and nurturing top talents to shape the future together.With our roots in the academic world, we invest in our original and cutting-edge research that allows us to offer and continuously improve industry-leading AI capabilities in universal multimodal and multi-task models, covering key fields across perception intelligence, natural language processing, decision intelligence, AI-enabled content generation, as well as key capabilities in AI chips, sensors and computing infrastructure. Our proprietary AI infrastructure, SenseCore, integrates computing power, algorithms, and platforms, enabling us to build the “SenseNova” foundation model sets and R&D system that unlocks the ability to perform general AI tasks at low cost and with high efficiency.SenseTime has been actively involved in the development of national and international industry standards on data security, privacy protection, ethical and sustainable AI, working closely with multiple domestic and multilateral institutions on ethical and sustainable AI development. SenseTime was the only AI company in Asia to have its Code of Ethics for AI Sustainable Development selected by the United Nations as one of the key publication references in the United Nations Resource Guide on AI Strategies, and was published in June 2021.SenseTime Group Inc. has successfully listed on the Main Board of the Stock Exchange of Hong Kong Limited (HKEX). We have offices in markets including Hong Kong, Shanghai, Beijing, Shenzhen, Chengdu, Hangzhou, Nanping, Qingdao, Xi’an, Macau, Kyoto, Tokyo, Singapore, Riyadh, Abu Dhabi, Dubai, Kuala Lumpur and South Korea, etc., as well as presence in Germany, Thailand, Indonesia and the Philippines. For more information, please visit SenseTime’s official website or LinkedIn, X, Facebook and Youtube pages. SenseTime Group Inc, https://www.sensetime.com [HKSE:00020][OTCPK:SNTMF] Copyright 2025 JCN Newswire via SeaPRwire.com.
HONG KONG, Aug 28, 2025 - (ACN Newswire via SeaPRwire.com) - The 44th HKTDC Hong Kong Watch & Clock Fair and the 13th Salon de TIME, jointly organised by the Hong Kong Trade Development Council (HKTDC), the Federation of Hong Kong Watch Trades & Industries Limited, and Hong Kong Watch Manufacturers Association Limited, themed “Our Time Our Moments”, are expected to attract over 650 exhibitors from 15 countries and regions, providing a one-stop sourcing platform for global buyers.Under the EXHIBITION+ hybrid model, the physical exhibitions will be held from 2 to 6 September at the Hong Kong Convention and Exhibition Centre. Salon de TIME is fully open for industry professionals and the public to visit and make purchases. Exhibitors and buyers can meet online through the Click2Match smart business matching platform between 26 August to 13 September.Number of participating brands hits post-pandemic highSophia Chong, HKTDC Deputy Executive Director, said: "As a globally renowned watch event, the Hong Kong Watch & Clock Fair and Salon de TIME continue to attract pavilions from France and Switzerland, as well as from Guangzhou and Taiwan. Additionally, exhibitors from Germany, Japan, Lebanon, and the Netherlands return with a range of uniquely designed watch products. The Salon de TIME features over 140 global brands, marking a new post-pandemic high. Aside from an increase in Hong Kong brands, there is also a rise in participating brands from Switzerland, France, and Germany, the three major watch-exporting countries in Europe. This high level of international representation underscores Hong Kong's advantage as an international business platform."According to the latest data, Hong Kong is the world's second-largest hub for watch imports and exports. In the first seven months of this year, the total export value was approximately HK$28.2 billion, with the decline narrowed from 8.2% during the same period last year to 2.7%, representing an improvement of 5.5 percentage points. Some individual markets recorded double-digit increases, including Brazil (+65%), France (+57%), Germany (+15%), and India (+35%). Additionally, the HKTDC Export Confidence Index for Timepieces rose from 51.2 to 52.1 in the second quarter, indicating the industry remains optimistic about the export outlook despite challenges.Distinctive niche brands and “Guochao” elegance at Salon de TIMESalon de TIME, located in the Hall 3FG, features six thematic zones, including the new zone Microbrands. There are 12 unique niche brands offering watches that are both affordable and stylish. Other zones include World Brand Piazza, Renaissance Moment, Wearable Tech, Craft Treasure, and Chic & Trendy. Some of these brands provide on-site retail options, allowing the public to purchase their favourites. Also, this year the fair will welcome 18 brands from Mainland China and several independent watchmakers to present their “Guochao” series watches.World-renowned brands showcased at World Brand PiazzaSponsored by Prince Jewellery & Watch for the 15th consecutive year, World Brand Piazza remains a highlight of the exhibition. This year, the zone will feature 9 renowned international brands, including Baume & Mercier, Corum, CVSTOS, DeWitt, Kerbedanz, Montblanc, Peonia Diamond, Sarcar and Ulysse Nardin.The themed area showcases limited-edition and prestigious timepieces from top brands. For example, Corum is presenting the Golden Bridge Round 43 “Blue Sapphire”. a stunning new addition encased in 43mm of 18K white gold. The bezel is adorned with 96 baguette-cut blue sapphires, creating a vivid, luminous frame. At its heart beats the CO 113 hand-wound caliber—Corum’s signature linear movement—with 18k gold bridges and a 40-hour power reserve, visible through the sapphire crystal case.The Ulysse Nardin Freak One OPS wristwatch is cased in black DLC titanium, complemented by the special sunray-patterned barrel cover and bezel made of Carbonium®ï¸'. Freak ONE OPS’s calibre UN-240 Manufacture flying carousel movement is clearly visible. Power reserve up to 90 hours.Innovative sustainable materials cater to a new generationThe younger generation of customers increasingly values environmental, social, and governance (ESG) based products, prompting some watch brands to switch to recycled or sustainable materials. To make it easier for buyers to purchase products that meet environmental standards, this year's exhibition continues to feature a Green Solutions Suppliers label to identify over 20 selected exhibitors showcasing sustainable watches, including:German brand Lilienthal Berlin which follows the launch of the world's first watch with a case made from recycled coffee grounds last year, with a watch that features a dial made from recycled tea leaves, giving it a subtle tea fragrance.Hong Kong brand Memorigin presents the Genesis Series (Ocean Blue) tourbillon watch, featuring a polished metal case paired with an eco-friendly strap jointly created with Austrian strap manufacturer Hirsch. The strap is made from ocean recycled yarn, making it both stylish and environmentally friendly.Hong Kong brand Sunrex has launched a solar-powered watch inspired by space exploration, equipped with the Epson VS76A solar quartz movement. Once charged, it can run continuously for five months.Growing health consciousness creates opportunities for the watch industryIn recent years, the public's increasing focus on health and engagement in digital fitness has created new opportunities for the watch industry, driving the widespread adoption of smartwatches and sustaining growth within the industry. Featured products at the shows include:German brand Oskron has launched the Watch2Care “Western-Chinese Prevention” smartwatch, equipped with exclusive “Five Organs Digital Pulse Diagnosis” technology. Powered by data from 300,000 traditional Chinese medicine cases and advanced AI analysis, it helps users stay on top of their well-being. On 3 September, the brand has invited Professor Zhang Qiming from the China Academy of Chinese Medical Sciences to the event to consult and share health information with attendees.Saga, in collaboration with HONOR Connect, has launched a smartwatch featuring the market's smallest 35mm delicate smartwatch movement, specifically designed for women. It is equipped with health monitoring, 109 sports modes, 10-day battery life, and IP68 dust and water resistance.The two fairs also feature a variety of styles, as well as collaborations, limited-edition, or debut watches, catering to market demands:Sea-Gull presents the “Three-Legged Golden Sunbird” Minute Repeater with Gold Engraved Automata, featuring a dial inspired by Chinese mythology and crafted by renowned Chinese master engraver Mei Hua. It is equipped with the Sea-Gull independently developed ST9100 minute repeater movement. When it chimes the wings of the three-legged golden bird unfold, showcasing the modern beauty of Eastern aesthetics.FIYTA has launched a watch themed “Chang'e Flying to the Moon”, featuring an engraving of the Moon's South Pole-Aitken Basin on the caseback. The watch has a gradient black dial adorned with an 18k gold relief of the Earth and the Moon, complemented by rocket-shaped hands.Zbioland's collaboration with Harry Potter brings the "Dynamic Snake" watch, which will be unveiled for the first time during the fair, with a limited release of 200 pieces. Local brand UNDONE has launched the “Legends of Rock” series, paying tribute to rock legends, featuring a vinyl record player design on the dial. The caseback of each watch is printed with a unique image from the Rolling Stones’ photo assets, granting the watch owner full ownership of that image asset, making it particularly valuable for collectors.European independent watchmakers showcase exceptional craftsmanshipIn recent years, personalised niche watch brands have been gaining popularity, winning the favour of the younger generation and collectors through limited production and customisation options. This year, the Swiss Independent Watchmakers Pavilion (SIWP) and Francéclat bring together 19 international watchmaking brands, showcasing uniquely designed and expertly crafted watches, including:Swiss brand Aerowatch is celebrating its 115th anniversary by launching a limited edition “Milan” pocket watch, with only 115 pieces available. This watch blends traditional and modern styles, reflecting the brand's enduring legacy with a contemporary twist.Legendary French watchmaker and modernist artist Alain Silberstein has designed a bold, colourful, and uniquely styled watch, featuring a playful twist with Yema's in-house micro-rotor automatic movement.Eight specialised zones offering a one-stop procurement platformAt the Hong Kong Watch & Clock Fair in the ground-floor exhibition hall, there are eight specialised zones. Pageant of Eternity will showcase high-end complete watches produced through Original Equipment Manufacturing (OEM) and Original Design Manufacturing (ODM). Other zones include Complete Watches, Clocks, Machinery & Equipment, OEM Smart Watches, Packaging & Display, Parts, Components & Accessories, and Trade Services.Forums and seminars explore industry trendsDuring the fairs, more than 35 unique events will be held, including forums, seminars, watch parades, and networking activities, to help industry professionals stay informed about market trends.On the first day (2 September), the Hong Kong International Watch Forum will be held, featuring leaders from watch associations in mainland China, Germany, France, Switzerland, Japan, and Korea who will share the latest regional trade data and industry trends and discuss global supply chain strategies.On the second day (3 September), the Asian Watch Conference will focus on the theme “Redefining Eternity: Trends, Values, and Visions in Watchmaking”. A senior analyst from international market researcher Euromonitor International (Hong Kong) will share insights on the latest developments in the watch market. Additionally, an independent watchmaker and chief representative from the SIWP, along with a seasoned independent watch collector, member of the Academy of the Grand Prix d'Horlogerie de Genève (GPHG), will discuss the art and philosophy of independent watchmaking and microbrands.On the second day, there will be two additional events focused on the theme of Chinese trends. One is the Chinese Watchmaking 70th Anniversary: Panel Discussion and Watch Preview, organised by Fosun Watch Group, featuring Sea-Gull and Shanghai Watch. The other is “To the Stars and Beyond: The Chinese Independent Watchmaking”, which will explore the current state of development of Chinese independent watchmakers and the essentials of independent watchmaking.The HKTDC, the Federation of Hong Kong Watch Trades & Industries Limited, and the Hong Kong Watch Manufacturers Association Limited are also jointly organising the 42nd Hong Kong Watch & Clock Design Competition to promote watch design and nurture local creativity. This year, the open group and student group have themes of “Memorable” and “Believe in Yourself” respectively. The competition continues to include the Made-to-Sell Award to recognise student work with significant market potential.Celebrity Bowie Cheung who served as a guest judge will attend the award ceremony. The winning and shortlisted designs will be displayed during the fair, and the award ceremony will be held on 6 September at the event stage.A variety of events, lucky draws and workshop for the publicSalon de TIME will host a variety of special events and watch presentations. On the fourth day (5 September), Hong Kong metal engraving artist Carlos Koo will demonstrate the art of watch engraving.The Smart Bidding event will be held again, and attendees can enjoy exclusive starting prices to bid on their preferred watches, including brands such as Saga, Anne Klein, and Elmer Ingo. Additionally, there will be the Beijing Watch 66th Anniversary Special Edition, the Sea-Gull 1963 Times Edition and the Shanghai Watch Tribute to 1955 Series 70th Anniversary Moon Phase Limited Edition.A lucky draw will be held every day during the five-day exhibition, giving attendees the chance to win luxurious watches, including those from Claudia Koch, Alexus Christy, Shanghai Watch, Sea-Gull, and the Memorigin Genesis Series (Ocean Blue) tourbillon watch, paired with the latest eco-friendly watch straps.Other exciting events include watch showcases and launch events, with appearances by celebrities including Aka Chio, Michael Tong, Kaman Kong, and Olympic karate medallists Grace Lau and Ariel Torres.Additionally, CENTRESTAGE will be held from 3 to 6 September at the HKCEC bringing together fashion brands and designer collections from around the world. Attendees will have the opportunity to explore the latest products from approximately 400 watch and fashion brands.The export performance of watches & clocks industry in Hong Kong: Jan-Jul, 2025Jan-Jul, 2024Total export value-2.7% (YoY)-8.2% (YoY) Photo download: http://bit.ly/45WjTz9The 44th HKTDC Hong Kong Watch & Clock Fair and 13th Salon de TIME take place on 2 to 6 September at the Hong Kong Convention and Exhibition Centre. Introducing fair highlights at a press conference are Sophia Chong, HKTDC Deputy Executive Director (center), Ethan Cheung (right) and Vincent Chan (left), Co-Chairmen, HKTDC Hong Kong Watch & Clock Fair Organising Committee 2025 The watch parade featured some 30 selected luxury watchesGerman brand Lilienthal Berlin is debuting a watch that features a dial made from recycled tea leaves German brand Oskron has launched the Watch2Care “Western-Chinese Prevention” smartwatch, equipped with exclusive “Five Organs Digital Pulse Diagnosis” technology. Powered by data from 300,000 traditional Chinese medicine cases and advanced AI analysis, to help users stay on top of their well-being For the 15th consecutive year, the World Brand Piazza, in collaboration with Prince Jewellery & Watch, continues to be the highlight of the exhibition. This year, Prince Jewellery & Watch is presenting luxurious pieces from 9 internationally renowned watch brands, including the new limited edition Golden Bridge Round 43 "Sapphire" wristwatch by Corum (left), and the Ulysse Nardin Freak One OPS wristwatch (right)Sea-Gull presents the “Three-Legged Golden Sunbird” Minute Repeater with Gold Engraved Automata, featuring a dial inspired by Chinese mythology and crafted by renowned Chinese master engraver Mei HuaZbioland's collaboration with Harry Potter brings the "Dynamic Snake" watch, which will be unveiled for the first time during the fair, with a limited release of 200 pieces Local brand UNDONE has launched the “Legends of Rock” watch series, paying tribute to rock legends, featuring a vinyl record player design on the dialFrench legendary watchmaker and modernist artist Alain Silberstein has designed a bold, colourful, and uniquely styled watch, featuring a playful twist with Yema's in-house micro-rotor automatic movement The 42nd HK Watch & Clock Design Competition has two categories – “Memorable” for the Open Group and “Believe in Yourself” for the Student Group. Award-winning work and finalists will be exhibited during the fairsWebsites:Hong Kong Watch & Clock Fair: https://www.hktdc.com/event/hkwatchfair/enSalon de TIME: https://www.hktdc.com/event/te/enMedia enquiriesPlease contact the HKTDC Communications & Public Affairs Department: Johnny Tsui, Tel: +852 2584 4395, Email: johnny.cy.tsui@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. https://www.hktdc.com Copyright 2025 JCN Newswire via SeaPRwire.com.
