Washington, D.C., Sept 9, 2025 - (ACN Newswire via SeaPRwire.com) - The formula does not rely on neutrinos alone, but on the combined resonance of the entire invisible spectrum of cosmic and terrestrial radiation. Within multilayer graphene-silicon structures, these fluxes awaken micro-vibrations that cascade into electron flows. It is a process mathematically calculable, physically verifiable, and now proven industrially scalable.The equation unites five decisive parameters: radiation flux density, scattering cross-section, momentum transfer, phonon velocity, and conversion efficiency. Together, they provide a rigorous scientific framework that elevates neutrinovoltaics from theoretical vision to practical reality.Acknowledgment of Global Scientific CollaborationThe Neutrino® Energy Group expresses its profound gratitude to the countless scientists and institutions whose work, whether knowingly or unknowingly, has contributed to what we present today: the Master Formula of Neutrinovoltaic Technology.Every experiment, every theoretical model, every material innovation has been a stone laid in the path. Many of those who placed these stones could never have foreseen that their findings would converge into an entirely new form of energy. Yet through this vast web of knowledge, scattered across decades and continents, this moment has become possible.We extend our deepest thanks to leading institutions whose voices have shaped this global symphony: Max Planck Society, Fraunhofer Institutes, Helmholtz Association, CERN, ETH Zurich, École Polytechnique, Imperial College London, Cambridge and Oxford, JUNO in China, Tsinghua and Peking Universities, Kyoto and Osaka Universities, University of Tokyo, IIT network and Tata Institute of India, C-MET Pune, Fermilab, Brookhaven, MIT, Stanford, University of California, NREL, University of São Paulo, Rio de Janeiro, Moscow State University, JINR Dubna, ICTP Italy, African Institute for Mathematical Sciences, and many nanotechnology and materials science laboratories worldwide.To each of them-whether they pursued neutrino physics, material science, electronics, or mathematics-their work has knowingly or unknowingly become part of this collective achievement. To many, it may not have been clear at the time how decisive their findings would become for the birth of a new energy age. Today, we affirm that their contribution is invaluable, and we honor it with the deepest respect and gratitude.The Master FormulaFor the first time, a consolidated equation has been published that describes the conversion of invisible radiation spectra into usable electrical energy: P = ∫ Φ(E,θ) · σ(E) · Δp · v_ph · η_conv dE dθThis equation unites the flux density of invisible radiation spectra, the scattering cross-section, the momentum transfer, the phonon velocity in the lattice, and the conversion efficiency of graphene-silicon structures. It provides a rigorous framework, mathematically calculable, physically verifiable, and industrially scalable.Holger Thorsten Schubart, CEO of Neutrino® Energy Group, stated: "This Formula and the technology it represents are not the work of one company, but the culmination of global human effort. It is both a gift to humanity and a responsibility to ensure that the benefits of clean, decentralized, and baseload-capable energy reach people everywhere."Closing AppealThe global demand for energy will rise to unprecedented levels in the decades to come. Humanity cannot afford to ignore any pathway that leads to affordable, clean, and dependable energy. Neutrinovoltaics is the product of interdisciplinary collaboration-physics, mathematics, material science, and engineering woven together into a universal form of energy no one could have imagined only a few years ago.What began as isolated insights has converged into a vision of energy that transcends borders, disciplines, and generations. It is a reminder that the future will be shaped not by the limits of today, but by the courage to move beyond them."We make energy affordable and sustainable. We are realistic, but demand the impossible. We believe that with enough ingenuity the impossible becomes the inevitable."About Neutrino® Energy GroupThe Neutrino® Energy Group is an internationally operating science and technology enterprise. Based on discoveries in particle physics, the Group develops neutrinovoltaic technology, the conversion of invisible radiation spectra into electrical energy. Its work spans theoretical physics, advanced material research with graphene and silicon, and the development of electronics for energy conversion and storage.The vision: clean, decentralized, and baseload-capable energy for all people, in every place, for generations to come.Contact InformationHolger Thorsten SchubartCEO and member of the Scientific Advisory Boardoffice@neutrino-energy.com+493020924013SOURCE: Neutrino Energy Group Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HONG KONG, Sep 2, 2025 - (ACN Newswire via SeaPRwire.com) - On August 29, Yuzhou Group Holdings Company Limited (01628.HK) announced that its offshore debt management and restructuring efforts, which spanned over three years, have yielded decisive results. The offshore restructuring has officially taken effect, marking a key step in improving the Company’s liquidity and optimizing its financial structure, laying a solid foundation for future robust operations.Optimize Capital Structure, Enhance Financial Stability and Achieve Sustainable DevelopmentAfter multiple rounds of negotiations, the final arrangement encompassed 15 senior notes, one perpetual bond, four secured notes, one syndicated loan, and one bilateral loan. As consideration for the restructuring, Yuzhou Group issued new bonds with an optimized structure, including short-term, medium-term, and long-term bonds. This arrangement significantly reduced financing costs, lowered the Group’s outstanding offshore debt, alleviated financial pressure, optimized its capital structure, and enhanced financial soundness and sustainability.Gain Support from Shareholders and the Market, Consolidate the Interests of all Parties, and Work Together to Move ForwardAs a key component of the plan, certain creditors will receive 5,645 million newly issued shares, representing approximately 37.94% of Yuzhou Group’s issued shares after the restructuring. This further solidified the shared interests of creditors and the Company. In addition, Yuzhou Group raised nearly HK$100 million through a rights issue to cover restructuring-related expenses and replenish working capital. The arrangement not only set a market precedent but also garnered a positive response from minority shareholders, reflecting strong recognition and confidence from shareholders and the market in both the rationale of the plan and the Group’s future development prospects.The core objective of this restructuring plan was to adjust the scale of Yuzhou Group’s offshore debt to a reasonable level, restore the soundness and sustainability of the capital structure, and ensure the continued operation and healthy development of the business. At the same time, the plan aims to ease liquidity pressure, align the new repayment schedule with the operating environment of China’s real estate industry and the Group, and ensure the fair treatment and protection of all stakeholders’ rights, striving to maximize overall value.Respond to Policy Calls, Fulfill Social Responsibilities, and Consolidate Corporate ValueFollowing the completion of the restructuring, Yuzhou Group will continue to respond to policy initiatives, fulfill its commitment to “guaranteeing housing delivery”, strengthen cash flow management, enhance internal revenue generation capabilities, and ensure stable business operations. Structural deleveraging measures are expected to help the Group achieve a long-term sustainable capital structure and reduce overall operational risks. The Company will steadily enhance its operating capacity and remain focused on creating value for all stakeholders.Industry observers note that the completion of the restructuring not only relieves near-term financial pressure but also represents an important step for Yuzhou Group in pursuing long-term stability and growth amid the ongoing adjustment of China’s real estate sector. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HONG KONG, Sep 1, 2025 - (ACN Newswire via SeaPRwire.com) - On August 29, Everest Medicines (1952.HK) announced its interim results for the six months ended June 30, 2025. The Company’s total revenue for the first half of 2025 reached RMB 446 million, representing 48% year-over-year growth, while operating expenses as a percentage of revenue decreased by 40.1 percentage points, reflecting strong operational efficiency. Non-IFRS loss narrowed by 31%, and gross margin excluding non-cash items was 76.4%. As of the end of June, the Company maintained a solid cash balance of RMB 1.6 billion. Additionally, with the successful completion of a share placement on August 1, which generated net proceeds of HK$1.553 billion, Everest’s total cash position increased further, providing a strong foundation for commercialization expansion and R&D investment. Supported by the excellent performance of its core products, Everest remains confident in achieving its full-year revenue guidance of RMB 1.6 to 1.8 billion and expects to turn operating cash flow positive in Q4.BOCOM International released its latest report today, noting that the strong sales performance of Everest Medicines’ Nefecon(R) far exceeded expectations. The institution significantly raised its revenue forecasts for 2026–2027 and lifted its target price to HK$84. The report highlighted a rich pipeline of catalysts from the second half of 2025 through 2026, including the approval, commercialization, and reimbursement negotiations of etrasimod in China, as well as potential BD opportunities for the Company’s proprietary pipeline. BOCOM International believes the current valuation remains attractive and reiterated its “Buy” rating.“In the first half of 2025, Everest Medicines accelerated its transformation into a leading global biopharmaceutical company by deepening our ‘dual-engine’ strategy. We have built a commercialization platform anchored by two blockbusters covering high-potential markets and powered by the in-house discovery and clinical translation of in vivo CAR-T and mRNA therapeutic cancer vaccine platforms.” said Rogers Yongqing Luo, Chief Executive Officer of Everest Medicines.Core Products Deliver Strong Growth, Driving Commercial Platform MomentumNEFECON(R), the blockbuster product in the renal portfolio, delivered particularly strong performance. As the first and only fully approved etiological treatment for IgA nephropathy (IgAN) in China, the United States, and Europe, NEFECON(R) generated revenue of RMB 303 million in the first half of 2025, representing 81% year-over-year growth. However, our first half revenue was artificially low due to a supply constraint that was rooted in both strong market demand and a delay in regulatory approval of a supplemental application for production scale up designed to ensure supply stability. This has been fully resolved since our supplemental application was approved by the China CDE on Aug 1, 2025. Following the supplemental application was approved by the China CDE in August, supply capacity increased significantly. Cumulative sales from January to August reached RMB 825 million, including RMB 520 million in August alone, reflecting strong market demand. Full-year sales are expected to reach RMB 1.2–1.4 billion, with continued strong growth projected in 2026, potentially reaching RMB 2.4–2.6 billion.Another Core product XERAVA(R), As the world’s first fluorocycline antibiotic recorded RMB 143 million in the first half of 2025, up 6% year-over-year. In-hospital sales increased 37% year-over-year, driven by Everest’s core hospital strategy.Additionally, VELSIPITY(R) (etrasimod), a best-in-disease therapy for moderately to severely active ulcerative colitis (UC), is positioned as Everest’s next growth engine, with its NDA in mainland China expected to be approved in the first half of 2026. The localized production project for VELSIPITY(R) was officially launched at the Jiashan manufacturing site in March 2025, providing strong support for its future commercialization.Global Proprietary Pipeline Value Emerging，Strong Prospects for Blockbuster Potential Everest continues to focus on achieving key breakthroughs in its proprietary pipeline, while accelerating the clinical development and global expansion of innovative assets with global rights. EVER001 (civorebrutinib), the next-generation covalent reversible BTK inhibitor, has delivered encouraging Phase 1b/2a clinical data in primary membranous nephropathy (pMN). With potential applications in IgAN, minimal change disease (MCD), and FSGS, covering a patient population of more than 10 million worldwide, EVER001 represents a significant market opportunity, with projected global peak sales exceeding RMB 10 billion. A global Phase II basket trial is expected to be initiated in the first half of 2026.Leveraging its industry-leading mRNA therapeutic cancer vaccine platform and in vivo CAR-T platform, the Company is building a globally competitive R&D pipeline. EVM18, the in vivo CAR-T program, has completed multiple non-human primate (NHP) trials and achieved preclinical proof-of-concept, with first-in-human data expected by the end of 2025. EVM16, the personalized therapeutic mRNA cancer vaccine, has initiated its first-in-human trial in China, with patient dosing completed. In the investigator-initiated trial (IIT), dose escalation in the low- and mid-dose cohorts has been completed, with encouraging preliminary data observed. EVM14, an off-the-shelf tumor-associated antigen (TAA) vaccine, has received IND approval from the U.S. FDA and acceptance from China’s NMPA. The Phase I trial in the U.S. is currently underway, with first patient enrollment expected by September 2025. EVM15, the immune-modulatory cancer vaccine, has completed preclinical proof-of-concept and identified its clinical candidate.Strategic Repositioning to Bolster Global CompetitivenessDuring the reporting period, the Hong Kong Stock Exchange approved the removal of the “B” marker from Everest’s stock short name, reflecting recognition of the Company’s strong R&D pipeline, commercialization capabilities, and overall business fundamentals. In addition to the successful top-up placement, Everest invested approximately US$30.9 million in I-Mab (Nasdaq: IMAB) in August 2025. Following the transaction, Everest increased its ownership in I-Mab to approximately 16.1%, becoming its single largest shareholder, further strengthening its global presence in next-generation immuno-oncology therapies.Analysts noted that Everest’s “dual-engine” strategy is rapidly delivering results. On the one hand, the Company’s powerful commercial platform—anchored by NEFECON(R) and VELSIPITY(R) and supported by XERAVA(R), Cefepime-taniborbactam, EVER001, and other high-potential assets—is expected to generate synergies with total peak sales exceeding RMB 25 billion globally. On the other hand, Everest’s in vivo CAR-T and mRNA therapeutic cancer vaccine platforms provide significant long-term growth potential through global development and partnership opportunities. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HONG KONG, Sep 8, 2025 - (ACN Newswire via SeaPRwire.com) – Sigenergy updated its prospectus on the Hong Kong Stock Exchange. According to the updated prospectus, Sigenergy has turned profitable in 2024. Annual sales revenue of 2024 surpassed RMB 1.3 billion (approximately USD 182.3 million), marking a 22.8-fold increase from 2023, while adjusted net profit exceeded RMB 150 million (approximately USD 21.0 million). In the first four months of 2025, the company generated RMB 1.21 billion (approximately USD 169.7 million) in revenue, with adjusted net profit achieved more than RMB 400 million (approximately USD 56.1 million).Outstanding Performance, Profitability Achieved in Three YearsThe latest financial results disclosed in the prospectus once again highlight the company’s strong execution. In 2024, it recorded annual revenue of RMB 1.33 billion (approximately USD 186.5 million) and an adjusted net profit of RMB 150 million (approximately USD 21.0 million). From January to April 2025, revenue reached RMB 1.21 billion (approximately USD 169.6 million), while adjusted net profit had already surpassed RMB 400 million (approximately USD 56.1 million). This sustained high growth demonstrates the resilience of the company’s business model and its long-term growth potential.The driving force behind this performance is the company’s flagship product, SigenStor. The data shows that sales of the product surged from 18 MWh in 2023 to 447 MWh in 2024, representing an almost 25-fold increase. Strong market demand directly translated into revenue growth, with revenue in the first four months of 2025 hitting RMB 1.206 billion (approximately USD 169.1 million) - more than 5.6 times the RMB 182 million (approximately USD 25.5 million) recorded in the same period of 2024. SigenStor has secured leading residential market share in countries such as Australia, Ireland, Sweden, the Netherlands, and Belgium, setting a record for the fastest path from zero to No. 1 market share in developed economies for a new brand.This explosive growth not only reflects strong market recognition of SigenStor products and services, but also highlights the company’s strategic positioning in the global new energy industry, which continues to deliver commercial value.Premium Market Positioning, Value-Driven Global GrowthSince its inception, Sigenergy has adopted a premium positioning strategy. Although the energy storage industry is expanding rapidly, many companies in this fiercely competitive market seek to gain share by cutting hardware costs and lowering prices. While such products may boost short-term shipments, they often come at the expense of safety, reliability, and long-term returns.SigenStor is an energy storage product for the premium market. It is the world's first AI-powered flagship “5-in-1” energy storage system (ESS) solution, integrating high functionality with a five-layer battery safety protection system, and pioneering the introduction of AI energy management and dynamic tariff scheduling. Compared to low-price competitors, SigenStor holds a clear advantage in performance, safety, user experience, and the entire product lifecycle.This strategic choice also aligns perfectly with the market structure. According to the prospectus, Europe, APAC (excluding mainland China), and Africa are Sigenergy’s main sources of revenue, with their revenue shares in 2024 being 60%, 19.7%, and 12.9% respectively. As of April 30, 2025, the top three markets accounted for 61.3%, 23.3%, and 11.5%.The European market is a mature and premium energy market. The company has precisely targeted medium-to-high-end users from residential homes and industrial and commercial facilities, providing reliable, safe, and efficient energy management solutions with its technologically advanced SigenStor, winning over a large number of long-term clients and quality projects. In Australia, Sigenergy has achieved rapid growth. According to SunWiz data, in March 2025, Sigenergy first topped the Australian residential energy storage market and has held the leading position for five consecutive months, with its market share rising to 31.4% in May, more than double that of the second-place brand. With the ongoing promotion of the “Cheaper Home Batteries Program” subsidy policy in Australia, Sigenergy is expected to further boost sales. In South Africa, product growth has also been rapid, driven by strong demand for on- and off-grid switching. Customers in these regions not only have strong purchasing power but also place higher demands on the safety, intelligence, and the entire product lifecycle - areas where Sigenergy’s offerings align precisely with their core concerns.This targeted strategy has enabled SigenStor to achieve excellent sales performance and stable profits in each major market, while also avoiding the price competition pressure of the low-end market. By precisely targeting high-value customer groups and combining technologically advanced product performance with intelligent services, Sigenergy has not only strengthened its premium brand image but also established a foundation for sustainable profitability in the global market.AI-Powered, Software-Hardware Synergy Leading the Energy RevolutionSigenergy has always regarded product innovation as its core driving force. SigenStor redefines industry benchmarks with multiple “industry-first” innovations. On the hardware front, SigenStor, seamlessly integrates a solar inverter, EV DC charger, Power Conversion System(PCS), battery pack, and Energy Management System (EMS) with a modular, stackable product design, making it the most integrated energy storage product in the industry. Combined with the company’s self-developed energy backup cabinet and optimization algorithms, SigenStor execute rapid on- and off-grid switching. Meanwhile, the company pioneered the bi-directional EV DC charging module for V2X applications, enabling electric vehicles to supply power back to home appliances and the grid, further enhancing energy flexibility.On the software front, Sigenergy empowers the intelligent transformation of the solar and storage industry through AI technology, building a moat that is difficult for peers to replicate. The company’s self-developed mySigen App is one of the most intelligent energy management platforms in the industry, being the first to integrate the GPT-4o model, achieving the commercial application of AI in the energy sector. The system collects and analyzes massive energy data in real time, automatically identifies potential issues and optimizes operating parameters, not only predicting equipment failures but also dynamically adjusting supply and demand to achieve intelligent dispatch. Through AI-driven dynamic electricity price optimization, SigenStor intelligently adjusts charging and discharging strategies based on electricity price fluctuations, charging in power valley periods and discharging in power peak periods, significantly reducing electricity costs. Meanwhile, Sigen Cloud has completed integration with leading VPP systems in Sweden, the Netherlands, Australia, and other countries, automatically obtaining real-time electricity price data from over 60 utility companies across more than 20 countries, further enhancing intelligent dispatch capabilities.From the world’s first 5-in-1 ESS solution, to C&I ESS solution, and to the newly launched residential hybrid inverters and microinverters, Sigenergy continues to expand its distributed energy solution matrix, forming a complete product line covering diverse application scenarios. Since their launch, the new products have received an enthusiastic market response, not only further enhancing the company’s competitiveness in the distributed energy solutions sector but also providing channel partners and end-users with more choices. Simultaneously, Sigenergy has fully empowered all types of hardware products with its self-developed AI capabilities, covering the entire chain of power generation, energy storage, consumption, and dispatch, achieving smarter energy management, higher efficiency, and safer operation. With the significant advantage of “hardware-software integration,” Sigenergy’s product portfolio continues to receive high recognition and widespread acclaim in the global market.While most peers are still exploring the feasibility of combining AI with energy, Sigenergy has already transformed technological innovation into tangible commercial outcomes, demonstrating its leading position in the intelligent solar and storage sector. This innovative model not only enhances energy utilization efficiency, but also elevates the user energy experience. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HONG KONG, Aug 31, 2025 - (ACN Newswire via SeaPRwire.com) - Hong Kong-listed Shoucheng Holdings Limited (0697.HK) released its interim results for 2025. Driven by its dual-engine strategy of “Asset Operations + Asset Finance,” the company delivered a balanced performance combining steady growth with forward-looking strategic initiatives: first-half revenue reached HK$731 million, up 36% year-on-year; net profit attributable to shareholders was HK$339 million, up 30%; and gross profit stood at HK$295 million, up 26%.Meanwhile, the company continued its high-dividend tradition. According to the public roadshow on August 31, Shoucheng is expected to distribute a total dividend of HK$1.159 billion for FY2025, with a dividend yield of nearly 8%, ranking among the highest in the Hong Kong market. In addition, more than 40 million shares have been repurchased. Financially, Shoucheng holds over HK$8 billion in cash, has fully repaid all bank loans to reduce financing costs, and maintains a gearing ratio of just 7.9%. With its robust capital structure, the company has a solid safety cushion and strong capacity to capture new investment opportunities under current market conditions.I. Solid Financials and Strong Shareholder ReturnsIn the first half of 2025, Shoucheng maintained steady growth in both revenue and profit while continuously strengthening its capital structure. Total assets reached HK$14.35 billion, and the company has maintained its AAA credit rating for three consecutive years from China Chengxin International and United Credit Ratings.Kang Yu, General Manager of Shoucheng’s Board Office, noted in an interview:“We aim not only to create long-term growth potential for our shareholders—Shoucheng’s businesses are at their best stage in history, and we are just setting sail—but also to ensure certainty of shareholder returns. This year alone, dividends have already reached nearly HK$1.2 billion, and continuous share buybacks highlight management’s firm confidence in Shoucheng’s long-term prospects.”The company’s high-dividend and buyback policy reflects a long-term win-win commitment to investors.Notably, the company’s asset finance business delivered outstanding performance, with first-half revenue reaching HK$220 million, a surge of 69% year-on-year, making it a key growth engine driving overall results. Through the establishment of a RMB10 billion Infrastructure Real Estate Equity Investment Stabilization Fund in partnership with China Life, Shoucheng Holdings has continued to deepen its presence in the REITs market, growing into one of the largest industrial investors in the country. The company has successively completed strategic allotment investments in Nanfang Range / Wanguo Data Center REIT, Sunlon REIT, and Huadian Clean Energy REIT, covering key areas such as data centers and clean energy. This has enabled Shoucheng to build a systematic layout across all types of infrastructure assets and establish a complete closed-loop capability from fund investment to asset exit.At the same time, Shoucheng Holdings has also achieved remarkable results in equity investments. Through its multiple industrial funds, the company has invested in leading robotics firms including Unitree, Galbot, Galaxea-AI, X Square Robot, Noetix Robotics, Booster Robotics, and Narwhal Robotics. Previously, Shoucheng secured outstanding results from investments in Li Auto, Horizon Robotics, Zhaogang.com, StarVision, and Silan Microelectronics. Its equity funds had already achieved more than three times book returns earlier this year, delivering impressive exit proceeds. These success stories validate Shoucheng’s forward-looking investment vision in industrial research and also set a solid benchmark for expected returns from its future robotics investments.Kang Yu, General Manager of the Board Office, commented: “We believe that as the robotics industry enters the stage of scaled deployment, the leading companies invested by Shoucheng will deliver higher capital returns and strategic value for the Group.”II. Accelerating the Robotics Strategy: Building the Full Industrial Value ChainIf the financial data demonstrates Shoucheng Holdings’ solid fundamentals, then its robotics business represents the company’s most imaginative growth trajectory for the future. As one of the first listed companies in China to systematically invest in the robotics sector, Shoucheng is accelerating its transformation from a pure investor into a full-chain service provider.Through the RMB10 billion Beijing Robotics Industry Development Investment Fund and its affiliated funds, the company has invested in dozens of leading enterprises such as Unitree, Galbot, Noetix Robotics, Galaxea-AI, and Booster Robotics, covering humanoid robots, core components, and other critical fields. This investment matrix has firmly positioned Shoucheng Holdings at the forefront of the embodied intelligence industry.Notably, the company has also strengthened its presence in the upstream of the robotics value chain. Recently, Shoucheng announced the establishment of Shoucheng Robotics Advanced Materials Industrial Co., Ltd. through its wholly owned subsidiary Shouwo Investment, focusing on advanced materials such as electronic skin, tendon cables, and lightweight PEEK composites. This initiative not only fills critical gaps in the value chain but also enhances the technological performance of portfolio companies in tactile sensing, flexible control, and lightweight design, further improving the full-chain ecosystem represented by humanoid robots.On the application side, the company is driving robotics into real production and everyday life scenarios. Its wholly owned subsidiary, Beijing Shoucheng Robotics Technology Industrial Co., Ltd., is deploying robotics across multiple dimensions. By providing sales agency, leasing, and secondary development services, the company is creating a “Didi-style” supply-demand platform for the robotics sector, facilitating efficient collaboration across the industry chain. Kang Yu noted that Shoucheng will further build a robotics application platform, positioning itself as a comprehensive solutions provider. Acting as a “chain leader,” the company will integrate industry resources, centralize procurement of high-quality products from ecosystem partners, and expand from B2B to B2C and C-end markets, fully unlocking the potential of robotics applications while delivering strong returns to shareholders.Shoucheng’s robotics industrialization strategy has already shown early results. Its strategic cooperation with IAT Automobile Technology Co., Ltd. means robots will be deeply integrated into automotive production lines, intelligent testing, and electrification processes, driving “Robotics + Automobiles” cross-sector synergies. In smart mobility, the Chengdu ICD autonomous charging station co-developed with Wanxun Technology has already been put into operation, enabling large-scale robotic applications in new energy vehicle services. In healthcare, Peking University Shougang Hospital has introduced the SurRui surgical robot developed by a partner within Shoucheng’s robotics ecosystem, marking an accelerated path toward commercialization of domestic surgical robots and breakthroughs in high-end medical equipment.In August this year, at the inaugural World Humanoid Robot Games held in Beijing, multiple companies invested by Shoucheng Holdings made a collective appearance, winning 37 medals (including 12 gold, 14 silver, and 11 bronze). This fully showcased the rapid progress of Chinese robotics companies in motion control and intelligent interaction. At the same time, the company launched the “Shoucheng Robotics Experience Store” outside the “Ice Ribbon” venue, which became one of the most popular exhibition areas during the event. The store not only displayed humanoid and service robots to the public but also provided interactive experiences, helping robots move from professional arenas into everyday life.Looking further ahead, Shoucheng Holdings is exploring the “Robotics 4S Store” model, with plans to create a retail service system that integrates exhibition, sales, maintenance, and customer experience. Kang Yu noted:“At this year’s robot games, our 200-square-meter pop-up store alone generated over RMB 30,000 in daily sales, which strongly reflects public enthusiasm and expectations for robotics applications. Just like new energy vehicles once required 4S channels to popularize, robots will also need service networks to truly enter thousands of households. In the future, we hope individuals, families, and enterprises alike can experience, try on, test, purchase, or lease various robots in-store while enjoying comprehensive after-sales and maintenance services. Through this model, we aim to bridge the ‘last mile’ of the robotics industry and drive robots into daily life.”III. Broad Prospects for Robotics Applications: China’s Soil Nurtures Global LeadersGlobally, the robotics industry is shifting from “running, jumping, and performing” to “understanding, reasoning, and working.” According to GGII (Gaogong Industry Institute), the global humanoid robot market is expected to reach approximately RMB 6.3 billion in 2025, nearly RMB 64 billion by 2030, and potentially exceed RMB 400 billion by 2035. Kang Yu believes that within the next three to five years, robots will see large-scale adoption in industrial manufacturing, healthcare, smart elderly care, and consumer services.She added: “China not only has policy support and capital investment but also possesses unique application scenarios globally, providing the best soil for rapid commercialization of robotics. Shoucheng Holdings’ mission is to combine capital with scenarios to truly bring cutting-edge technologies into scaled application.”Shoucheng Holdings is a dedicated cultivator in this fertile soil. The company has built a complete industry chain layout covering upstream–midstream–downstream:Upstream: Through its wholly owned subsidiary, it established Shoucheng Robotics Advanced Materials Industrial Co., Ltd., focusing on core materials such as electronic skin, tendon cables, and lightweight PEEK, while jointly developing and incubating new technologies to fill gaps in the robotics value chain.Midstream: Through its affiliated industrial funds, Shoucheng has invested in leading companies including Unitree, Galbot, Noetix Robotics, Galaxea-AI, and Booster Robotics, covering humanoid robot systems and critical components.Downstream: Driving scenario applications, Shoucheng has already enabled robotics adoption in real-world environments such as IAT Automobile Technology’s production lines, the Chengdu ICD autonomous charging station with Wanxun, Peking University Shougang Hospital’s surgical robotics, and its Robotics Experience Store. The company is also exploring a “Robotics 4S Store” model.Kang Yu emphasized: “Our mission is to combine capital, materials, technology, and application scenarios to truly scale up frontier technologies.”IV. Outlook: Marching Toward the HK$100 Billion MilestoneAs AI and robotics enter a new stage of application realization, Shoucheng Holdings stands at the forefront of industrial takeoff. With solid asset operations, forward-looking industrial deployment, and consistent shareholder returns, the company is steadily advancing toward its long-term goal of HK$100 billion market capitalization.Kang Yu concluded: “Robotics are the intelligent infrastructure of a new era. Shoucheng Holdings aims not only to be an investor but also a full-chain driver and service provider. We are confident in leveraging the synergy of capital, materials, and application scenarios to lead China’s robotics industry to new heights.”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. All rights reserved. www.acnnewswire.com
HONG KONG, Sep 1, 2025 - (ACN Newswire via SeaPRwire.com) - On August 31, 2025, Shoucheng Holdings Limited (0697.HK, “Shoucheng Holdings”) announced that its wholly owned subsidiary, Shouwo Investment Holdings Co., Ltd., plans to establish Shoucheng Robotics Advanced Materials Industrial Co., Ltd. (“Advanced Materials Company”). The new company will focus on R&D and industrialization of key upstream materials for the robotics industry, marking a solid step in Shoucheng’s full-value-chain robotics strategy.The Advanced Materials Company will primarily target core materials such as electronic skin, tendon cables, and lightweight PEEK composites, while advancing investment, joint R&D, and incubation projects. Through deep collaboration with research institutions and industry partners, the company aims to address critical performance and cost gaps in robotics, drive breakthroughs in materials technology, and accelerate application deployment. This initiative is not only an important extension of Shoucheng’s upstream robotics layout but also a vital step toward completing its full ecosystem led by humanoid robots.According to Shoucheng Holdings’ 2025 interim report, the company is progressively building a comprehensive robotics industry chain that spans upstream materials, midstream systems and key components, and downstream applications:Upstream: With the Advanced Materials Company as its vehicle, Shoucheng will focus on electronic skin, tendon cables, and lightweight PEEK materials, engaging in investment, joint R&D, and industrial incubation. This effort not only addresses performance and cost-control bottlenecks but also provides strong support to upstream and downstream players, enhancing the competitiveness of the entire ecosystem.Midstream: Leveraging its industrial funds, Shoucheng has systematically invested in leading firms including Unitree, Galbot, Noetix Robotics, Galaxea-AI, and Booster Robotics, covering humanoid robot systems, motion control, perception, and intelligent algorithms. With capital empowerment and industrial synergy, these companies are accelerating technological breakthroughs and commercialization.Downstream: The company actively promotes robotics applications in smart mobility, healthcare, and intelligent manufacturing. Examples include the Chengdu ICD autonomous charging station jointly developed with Wisson Technology, and the Shurui surgical robot—deployed at Peking University Shougang Hospital—which has already performed clinical surgeries. Meanwhile, Shoucheng will officially open its first “Robotics 4S Store” at Beijing Rongshi Plaza during the National Day holiday, showcasing and selling robotics products to the public. This retail hub will integrate experience, application, and consumer interaction, bridging the gap from industrialization to consumer adoption.Shoucheng Holdings stated that going forward, it will leverage full-chain synergies across capital, technology, and application scenarios to further enhance its integration capability and influence in the global robotics industry. The company aims to support China’s robotics sector in achieving independent control and accelerated development, contributing to the country’s ambition of becoming a global technology leader.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. All rights reserved. www.acnnewswire.com
HONG KONG, Sep 8, 2025 - (ACN Newswire via SeaPRwire.com) – Organised by the Hong Kong Trade Development Council (HKTDC) and sponsored by the Hong Kong Special Administrative Region Government's Cultural and Creative Industries Development Agency (CCIDA)*, Asia’s annual fashion extravaganza CENTRESTAGE concluded successfully on Saturday, 6 September. The highlight of the closing evening was the grand finale of the Hong Kong Young Fashion Designers’ Contest 2025 (YDC), where 10 up-and-coming local fashion designers presented their highly original collections.Featuring a diverse range of styles, this year’s YDC finalists combined boundary-pushing creativity with refined traditional craftsmanship, perfectly echoing the contest’s theme, “How ‘Bout You'”. Contestants were encouraged to boldly express their personal visions and dreams through fashion, unleashing creativity while courageously pursuing their goals. The evening welcomed a legion of celebrities and artists including Marf@COLLAR, Tiger@MIRROR, Janet Ma, Kayla Wong, Irisa Wong, Lagchun, Bruce Tong, Ka Lai, Madboii, Zelos Wong, Brian Chan, Saito Chong and Ocean On, adding glamour and excitement to the competition as they watched the runway show and cheered on the 10 finalists.After careful deliberation, a panel of professional judges selected four major award winners from the finalists’ collections. Chung Ka-ching, Tiger emerged as Champion, receiving a cash prize of HK$60,000, an overseas study trip sponsored by Fang Brothers Knitting Ltd and a HK$3,000 CASETiFY gift voucher. In addition, Lau Hei-nga received the Excellence Award and Best Art Direction Award, securing a cash prize of HK$40,000, an overseas study trip sponsored by MINI HK and a HK$2,000 CASETiFY gift voucher for the former, and collecting a five-day course at VOGUE College of Fashion in London and an overseas study trip sponsored by VOGUE Hong Kong, with a total value of HK$30,000, plus a HK$1,000 CASETiFY gift voucher, for the latter. The “My Favourite Collection” Award, decided by public voting, went to Yip Wai-lam, Mook, who was awarded a HK$20,000 Lee Gardens Area e-Gift Certificate sponsored by Hysan Development and a HK$1,000 CASETiFY gift voucher.The full list of winners from YDC 2025 is as follows:Champion: Chung Ka-ching, Tiger; Design: “Bior”Excellence Award: Lau Hei-nga; Design: “In Pain”Best Art Direction Award: Lau Hei-nga; Design: “In Pain”My Favourite Collection Award: Yip Wai-lam, Mook; Design: “Modern Animals”Chung Ka-ching, Tiger, winner of the Champion title, presented a collection titled “Bior”, which is a pun on a classic fashion brand. She uses bootleg design techniques to cleverly fuse the rugged elements of grassroots street life with the refined silhouettes of high fashion. This subverts traditional fashion narratives and prompts viewers to reflect on class and aesthetics. Her “Bior” collection is not only a playful take on a luxury brand but also symbolises a challenge to the boundaries of mainstream fashion. Receiving the award, Ms Chung remarked: “I am truly overwhelmed by winning – a mix of surprise and excitement. I believe the YDC is absolutely an important platform for local fashion designers to step onto the international stage. It is the largest stage for emerging talent in Hong Kong and a crucial springboard for designers. Not only does it give the new generation greater exposure, but it also enables us to further develop and amplify our brands and creative visions.”Excellence Award and Best Art Direction winner Lau Hei-nga presented the collection “In Pain”, which reveals the blurred boundaries between agony and ecstasy. This sensory experience is deeply connected to her lifelong battle with eczema – the fleeting pleasure of scratching, followed by blood, wounds and scars, with the physical and emotional tug-of-war forming the core inspiration for her creations. Receiving the award, Ms Lau shared: “I am truly thrilled to receive this award, especially after investing so much time in preparing my collection. At the same time, I have gained immensely from the YDC. With its diverse and far-reaching audience, the contest has allowed many more people to discover my brand and my work.”The “My Favourite Collection” Award, decided by public voting, was won by Yip Wai-lam, Mook for the collection “Modern Animals”, which fuses human and animal characteristics to create a monstrous aesthetic that depicts the workplace as an urban jungle. Upon being presented with the award, Mr Yip said: “My biggest takeaway from participating in the YDC this year has been learning to embrace both success and failure with peace of mind. At the same time, the competition is more than just a platform for recognition – it is a significant stage where fashion designers at different stages in their careers can discover themselves and grow to their full potential. For every new-generation designer, the YDC is a platform that encourages us to shine.”International judge delighted to see Hong Kong nurturing the next generation of designersThis year’s YDC featured a distinguished judging panel comprising seasoned professionals from the fashion industry and media. The panel was chaired by Katherine Fang, Chairlady of the HKTDC Garment Advisory Committee, who served as Chief Judge. The VIP Judge role was taken up by Charles Jeffrey, founder and designer of acclaimed UK fashion label Charles Jeffrey LOVERBOY. Overseas Judge Acielle Tanbetova, founder of international street-style platform STYLE DU MONDE, also joined the panel. Other esteemed judges included Ingrid Chen Mandonnaud, Vice President of Global Brand Marketing and Communications at the Rosewood Hotel Group; Jonathan Lee, Co-founder of brand consultancy The Molecule; Cherry Mui, Style and Fashion Content Director of VOGUE Hong Kong; and Tracey Cheng, Vice President of Merchandise Planning and Business Development at I.T.VIP Judge Mr Jeffrey expressed his appreciation for the young contestants and their inspirations. “I think the YDC is fantastic. It’s amazing how Hong Kong nurtures its young design talents, giving them a major platform to showcase their work to international audiences and industry figures like myself. Personally, I found it inspiring to see how openly they shared their research and inspirations. It was truly inspiring,” he said.Mentoring the YDC contestants this year were Victoria Tang-Owen, Founder & Creative Director of Thirty30 Creative and Victoria Tang Studio, and Artistic & Cultural Director of Shanghai Tang, together with Kit Wan, Founder & Designer of Kit Wan Studio. Drawing on their extensive industry experience, the pair provided valuable guidance to the 10 finalists throughout the competition.Marf@COLLAR ignites the stage with alumni YDC designersFor the ninth consecutive year, MINI Hong Kong has been proud to serve as a major sponsor of the YDC. This year, the brand collaborated with two alumni YDC designers, Jesse Lee (JESSE LEE) and Viki Tsang (GNASTIY.COM), together with singer Marf@COLLAR, to stage a spectacular fashion performance alongside the debut of the all-new 2025 MINI Convertible. The collaboration embodied MINI’s next-generation design aesthetics and its vision for sustainable and environmentally friendly innovation.Photo download: http://bit.ly/3V7Ht6ZJonathan Lee (first left), Co-founder of brand consultancy The Molecule; Acielle Tanbetova (second left), founder of international street-style platform STYLE DU MONDE; Ingrid Chen Mandonnaud (third left), Vice President of Global Brand Marketing and Communications at the Rosewood Hotel Group; Raymond Tan (fourth left), Managing Director of BMW Hong Kong Services Ltd; Sophia Chong (fifth left), HKTDC Deputy Executive Director; Charles Jeffrey (seventh left), founder and designer of acclaimed UK fashion label Charles Jeffrey LOVERBOY; Katherine Fang (eighth left), Chairlady of the HKTDC Garment Advisory Committee; Cherry Mui (second right), Style and Fashion Content Director of VOGUE Hong Kong; and Tracey Cheng (first right), Vice President of Merchandise Planning and Business Development at I.T. were pictured with the three YDC 2025 winners.ChampionDesigner: Chung Ka-ching, TigerDesign: “Bior”The design: “Grassroots labourers are often excluded from the mainstream fashion narrative. By translating their traces into couture’s coded language, it compels audiences to reexamine the relationship between fashion and class hierarchies.”“Bior” uses humour to merge haute couture tailoring with the coarse details of grassroots life –for example, reimagining fan covers as ornate hats, mimicking the texture of plastic bags, or incorporating the clashing colours of neon lights. The designs capture the dynamics and emotional tensions of labourers, while deconstructed tailoring and exaggerated proportions express both the desolation and vitality of street life. Through this satirical yet profound fashion language, Chung reveals how grassroots labourers are excluded from the fashion narrative and seeks to reconstruct traces of their existence through the visual vocabulary of high fashion.Prizes: Cash prize of HK$60,000, an overseas study trip sponsored by Fang Brothers Knitting Ltd and a HK$3,000 CASETiFY gift voucher.Excellence Award and Best Art Direction AwardDesigner: Lau Hei-ngaDesign: “In Pain”The design: “When we experience pain, our brains respond by releasing these happy chemicals, which can evoke feelings of euphoria.”“In Pain” expresses the complexity of pain through textures and colours, using synthetic skin and layered tailoring to mimic wounds and scars. At the same time, sensual and feminine silhouettes – with smooth curves and tight cuts – suggest the allure of pleasure. The designs incorporate aesthetic elements: knots evoking a sense of restraint, sharp metallic embellishments contrasting with soft leather, weaving a visual language that is both conflicting and harmonious. By incorporating her personal experience with eczema into her designs, Lau turns clothing into a vessel for pain and pleasure, challenging perceptions of sensation and beauty.Prizes (Excellence Award): Cash prize of HK$40,000, an overseas study trip sponsored by MINI HK and a HK$2,000 CASETiFY gift voucher.Prizes (Best Art Direction Award): A five-day course at VOGUE College of Fashion in London and an overseas study trip sponsored by VOGUE Hong Kong, with a total value of HK$30,000, and a HK$1,000 CASETiFY gift voucher.My Favourite Collection AwardDesigner: Yip Wai-lam, MookDesign: “Modern Animals”The design: “The workplace feels like a stage in the food chain, where instincts of competition and survival come alive.”The collection of “Modern Animals” features shirts, trousers and suits as its foundation, incorporating various office symbols to create dynamic silhouettes of the workers. Drawing inspiration from the collision between animals’ primal power and the coldness of urban life, the designs feature grotesque cuts and contrasting materials to showcase the diverse faces of workers from the bottom to the top, and their physical and mental exhaustion as they toil like animals in this concrete jungle. Prizes: HK$20,000 Lee Gardens Area e-Gift Certificate sponsored by Hysan Development and a HK$1,000 CASETiFY gift voucher.Marf@COLLAR(wearing GNASTIY.COM)Tiger@MIRROR(wearing MARCCH)Pictured from right to left: Janet Ma, Kayla Wong and Irisa WongLagchun(wearing MOODLABBYLORRAINE)Bruce Tong(wearing NONOBO)Ka Lai(wearing Genau Studio)Madboii(wearing Murfi Lau)Zelos Wong(wearing MOODLABBYLORRAINE)Brian Chan(wearing NEVIDEBLA)Saito Chong(wearing MOODLABBYLORRAINE)Ocean On(wearing MOODLABBYLORRAINE)Shin Wong (left) and Irving Cheung (right) Declan ChanYu Masui MINI x Jesse Lee(JESSE LEE)/Viki Tsang (GNASTIY.COM) collaboration seriesFor the ninth consecutive year, MINI HK was the major sponsor of the YDC. This year, the brand collaborated with two alumni YDC designers, Jesse Lee (JESSE LEE) and Viki Tsang (GNASTIY.COM), to present a fashion collection inspired by its latest 2025 MINI Convertible, showcasing MINI’s next-generation design aesthetics and commitment to sustainable innovation. MINI x Jesse Lee (JESSE LEE)A surreal fusion of Edwardian elegance and rebellious futurism, “Nine Lives Odyssey” reimagines the whimsical, psychedelic cat illustrations of Louis Wain through a lens of sustainable innovation and gender-fluid design. Drawing from Wain’s anthropomorphic feline art and the refined sportswear of the Edwardian era, the collection blends structured tailoring with playful deconstruction.MINI x Viki Tsang (GNASTIY.COM)The Spring/Summer 2026 collection of GNASTIY.COM reflects on authenticity within digital illusion. Inspired by social media filters, the brand translates digital visual codes into real-world garment constructions. Print techniques disrupt surface expectations, blurring the tactile identity of the fabrics. 3D printing, a GNASTIY.COM signature, appears in sculptural detail work, merging seamlessly with a hybrid of materials to articulate a distinctly futuristic and digitally charged fashion vocabulary.FASHIONALLY COLLECTIONSAs a platform dedicated to nurturing local fashion talents, FASHIONALLY.COM staged four shows during CENTRESTAGE including FASHIONALLY COLLECTION #25, FASHIONALLY Presentation: LAPEEWEE, FASHIONALLY Presentation: MOODLABBYLORRAINE, and FASHIONALLY Presentation: KOWLOON CITY BOY. The three “Presentation” shows featured immersive stage installations that allowed audiences to step inside the creative worlds of the brands. In addition, previous contestants from the Hong Kong Young Fashion Designers’ Contest (YDC) took part in exhibitions and other runway shows during the fair, including Derek Chan (DEMO) and Max Tsang (IP AXIS INDUSTRIAL STUDIO). FASHIONALLY COLLECTION #25 phenotypsetter / Theme: “Curated Fluidity”MARCCH / Theme: “Transition”Oplus2 / Theme: “Shape Me Up”OUS / Theme: “Exoskeleton”FASHIONALLY Presentation: LAPEEWEETheme: Baroque Dream LAPEEWEE’s Spring/Summer 2026 collection, “Baroque Dream”, draws inspiration from the opulence of Baroque aesthetics, reinterpreted through the lens of modern casualwear. This womenswear collection features a harmonious blend of plaid, denim and lace, creating a balance between elegance and comfort.Dynamic details such as knots and drawstrings inject movement and energy into the designs. The use of corset-inspired silhouettes accentuates the female form, while Dutch-style oversized collars trimmed with lace add a touch of romantic refinement.“Baroque Dream” not only preserves the luxurious essence of the Baroque era but also celebrates the confidence and individuality of modern women, offering a wardrobe that is both stylish and expressive.FASHIONALLY Presentation: MOODLABBYLORRAINETheme: LIBRA ANIMA VESTRAMOODLABBYLORRAINE’s Spring/Summer 2026 collection, “LIBRA ANIMA VESTRA”, translates from Latin as “Free Your Soul”. This collection tells the story of a liberating summer road trip along Route 66 in America, where the highlight is hopping between music festivals –a celebration of self-expression through rhythm and movement.Deeply inspired by bohemian and cowboy culture, the collection merges free-spirited artistry with rugged Western elements, creating a vibrant and expressive aesthetic. Through its designs, the collection encourages wearers to reconnect with themselves – through speed, music, and cultural exploration – and to embrace fashion as a medium of personal liberation.FASHIONALLY Presentation: KOWLOON CITY BOYTheme: CLUB HEART BROKENKOWLOON CITY BOY’s Spring/Summer 2026 collection, “CLUB HEART BROKEN”, set in a retro locker room after the party ends, “explores the aftermath of love and longing”. The collection introduces a cast of characters: wild beasts in fur and leather, fragile “baby bears” in checks, and hopeless romantics with embroidered love letters and shattered hearts. Opposing them are sports boys in deconstructed jerseys and distressed gear – love as a contact sport.Through bold contrasts – fur with plaid, leather with embroidery, sportswear with shredded fabrics – KOWLOON CITY BOY turns heartbreak into a uniform and loneliness into a badge of survival.Websites- CENTRESTAGE: www.centrestage.com.hk- Hong Kong Young Fashion Designers’ Contest (YDC): www.fashionally.com/en/YDC- Background information, collection details and photos of the 10 YDC finalists are available for download at this link: YDC 2025Media enquiriesBest Crew Public Relations & MarketingDiana Tang Tel: (852) 3594 6443 Email: diana.tang@bestcrewpr.comReni Kwok Tel: (852) 3594 6443 Email: reni.kwok@bestcrewpr.comHKTDC’s Communications & Public Affairs Department:Sharon Ha Tel: (852) 2584 4575 Email: sharon.mt.ha@hktdc.orgKaty Wong Tel: (852) 2584 4524 Email: katy.ky.wong@hktdc.orgHKTDC Media Room: https://mediaroom.hktdc.com/enAbout YDCThe YDC aims to promote a new generation of local design talent, while creating opportunities to showcase their collections in front of global and local industry professionals at CENTRESTAGE. Organised by the HKTDC, the contest is considered one of the most prestigious events of its kind in the region, with a successful track record of past contestants becoming leading designers for fashion enterprises or establishing their own labels. To further promote the international visibility of local Hong Kong designers, in 2012 the HKTDC launched FASHIONALLY.com, an online platform that showcases the work of local labels and talents and links them with glob8al industry insiders and opportunities.About the HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. About Cultural and Creative Industries Development Agency (CCIDA)The Cultural and Creative Industries Development Agency (CCIDA) established in June 2024, formerly known as Create Hong Kong (CreateHK), is a dedicated office set up by the Government of the Hong Kong Special Administrative Region (HKSAR Government) under the Culture, Sports and Tourism Bureau to provide one-stop services and support to the cultural and creative industries with a mission to foster a conducive environment in Hong Kong to facilitate the development of arts, culture and creative sectors as industries. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and cross-genre collaboration, promoting the development of arts, culture and creative sectors as industries under the industry-oriented principle, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community to implement Hong Kong’s positioning as the East-meets-West centre for international cultural exchange under the National 14th Five-Year Plan. CCIDA’s website: www.ccidahk.gov.hk. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Rouyn-Noranda, Quebec--(ACN Newswire via SeaPRwire.com - September 8, 2025) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQB: RMRDF) ("Radisson" or the "Company") is pleased to announce assay results from fifteen new drill holes completed at its 100%-owned O'Brien Gold Project ("O'Brien" or the "Project") located in the Abitibi region of Québec. The fifteen holes represent step-outs below the existing geological model, east of the historic O'Brien Gold Mine (Figure 1) and are outside the scope of the recently completed Preliminary Economic Assessment ("PEA", see Radisson news release dated July 9, 2025). All holes intersected gold mineralization in characteristic quartz-sulphide-gold veins, and thirteen of the holes returned intercepts with grades and thicknesses consistent with the Project's existing mineral resources. These results continue to expand the scope of the Project's known gold mineralization. Highlights include:OB-24-363 intersected 8.41 grams per tonne ("g/t") gold ("Au") over 2.2 metres, including 14.40 g/t Au over 1.2 metres and 9.07 g/t Au over 1.8 metres, including 12.10 g/t Au over 0.9 metres;OB-24-354 intersected 7.95 g/t Au over 2.30 metres, including 14.85 g/t Au over 1.0 metre;OB-24-364 intersected 12.75 g/t Au over 1.4 metres and 11.15 g/t Au over 1.50 metres;OB-24-361 intersected 3.50 g/t Au over 5.0 metres, including 8.96 g/t Au over 1.28 metres, and 15.10 g/t Au over 1.0 metre; andOB-25-371W1 intersected 5.66 g/t Au over 3.0 metres, including 9.97 g/t Au over 1.5 metres.Matt Manson, President & CEO, commented: "Our ongoing drilling at the O'Brien Project is focussed on "proof-of-concept" step-outs designed to test the full scope of the Project beyond previous drilling. We recently released the latest results from drilling beneath the historic O'Brien gold mine where we have been delineating multiple high-grade gold-bearing veins over a large area up to 500 metres below the base of the historic workings. Today's news release shows results from drill holes located to the east of the historic mine, and below the existing mineral resources. Of note, several of the holes represent deep step-outs below our "Trend #2", pushing the scope of known mineralization downwards by up to 300 metres in this important area. Our Exploration Target at O'Brien is between 3 and 4 million ounces of gold in 15 to 20 million tonnes at between 4.5 and 8.0 g/t Au. This is based on the proposition that O'Brien's mesothermal gold mineralization continues to an exploration horizon of 2 kilometres depth. Today's results continue to support this thesis. With the recent completion of our high-value, but "snap-shot", PEA, our focus is on aggressive exploration and resource growth. Four rigs are currently active at the Project and drilling continues."The reader is cautioned that the potential quantity and grade of an Exploration Target is conceptual in nature, there has been insufficient exploration to define a mineral resource and that it is uncertain if further exploration will result in the target being delineated as a mineral resource.Figure 1: Long Section and Plan View of Gold Vein Mineralization and Mineral Resources at the O'Brien Gold Project, with Today's Drill Holes IllustratedTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/265432_bb2e887f64ce98f8_001full.jpgTable 1: Assay Results from Drill Holes OB-24-352 to OB-25-375DDHZone From (m) To (m) Core Length (m) Au g/t - Uncut Host LithologyOB-24-352Trend #2 521.0522.01.0013.10PON-S3 703.0704.51.503.73S1POB-24-353Trend #1 70.071.51.503.51PON-S3 160.9162.01.143.24S1P 191.0194.33.303.70TXIncluding192.0193.01.006.28TXOB-24-354Trend #0 232.0 234.3 2.3 7.9 S1P Including 232.0 233.0 1.0 14.9 S1P 302.7304.01.36.4V3-NOB-24-355Trend #3 432.4433.71.303.91S1P 466.8468.92.103.49V3-NOB-24-359W1Trend #3 429.3430.81.503.88V3-S 495.0496.01.0011.20S3POB-24-361Trend #3 195.5196.51.004.46PON-S3 572.4 573.4 1.00 15.10 V3-S 633.0 638.0 5.00 3.50 V3-S Including 633.0 634.3 1.28 8.96 S1P/POR-N OB-24-363Trend #2 194.5195.91.406.04PON-S3 910.0911.01.007.65PON-S3 1,199.7 1,201.9 2.20 8.41 V3-S Including 1,200.7 1,201.9 1.20 14.40 V3-S 1,231.3 1,233.1 1.80 9.07 POR-S Including 1,232.2 1,233.1 0.90 12.10 POR-S OB-25-363W1Trend #2 1,037.01,038.41.404.16V3-S 1,056.51,058.01.504.04V3-SOB-24-364Trend #1 388.0 389.4 1.40 12.75 V3-CEN 402.5404.01.506.26S1P 413.2 414.7 1.50 11.15 POR-N OB-25-366Trend #2 619.0620.01.003.71PON-S3OB-25-371Trend #2 1,402.01,404.52.503.99POR-SIncluding1,402.01,403.01.005.54POR-N/V3-NOB-25-371W1Trend #2 1,058.5 1,061.5 3.00 5.66 PON-S3 Including 1,058.5 1,060.0 1.50 9.97 PON-S3 1,210.91,214.03.103.21V3-SOB-25-375Trend #3 538.0539.51.507.38S3pNotes on Calculation of Drill Intercepts:The O'Brien Gold Project Mineral Resource Estimate effective May 6, 2025 ("MRE") utilizes a 2.20 g/t Au bottom cutoff, a US$2,000 gold price, a minimum mining width of 1.2 metres, and a 40 g/t Au upper cap on composites. Intercepts presented in Table 1 are calculated with a 3.00 g/t Au bottom cut-off. True widths, based on depth of intercept and drill hole inclination, are estimated to be 30-80% of core length. Table 2 presents additional drill intercepts calculated with a 1.00 g/t bottom cut-off over a minimum 1.0 metre core length so as to illustrate the frequency and continuity of mineralized intervals within which high-grade gold veins at O'Brien are developed. Lithology Codes: PON-S3: Pontiac Sediments; V3-S, V3-N, V3-CEN: Basalt-South, North, Central; S1P, S3P: Conglomerate; POR-S, POR-N: Porphyry South, North; TX: Crystal Tuff; ZFLLC: Larder Lake-Cadillac Fault Zone. O'Brien Mineral Resource EstimatesThe Mineral Resource Estimate ("MRE") utilized in the recent O'Brien PEA comprises Indicated Mineral Resources of 0.58 million ounces (2.20 million tonnes at 8.2 g/t Au) and Inferred Mineral Resources of 0.93 million ounces (6.67 million tonnes at 4.4 g/t Au)1. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. This MRE, effective as of May 6, 2025, is based on the Project's March 2023 estimate re-blocked with an updated cut-off yielding more ounces and more tonnes at a lower average grade. As such, it is based on drilling completed only to the end of 2022. By the end of the current fully funded 50-60,000 drill program, an additional 90-100,000 metres of drilling will be available for an updated estimate, including a significant meterage of drilling outside the scope of the current MRE and the recent PEA mine design.Gold Mineralization at O'BrienGold mineralizing quartz-sulphide veins at O'Brien occur within a thin band of interlayered mafic volcanic rocks, conglomerates, and porphyritic andesitic sills of the Piché Group occurring in contact with the east-west oriented Larder Lake-Cadillac Break ("LLCB"). Gold, along with pyrite and arsenopyrite, is typically associated with shearing and a pervasive biotite alteration, and developed within multiple Piché Group lithologies and, occasionally, the hanging-wall Pontiac and footwall Cadillac meta-sedimentary rocks.As mapped at the historic O'Brien mine, and now replicated in the modern drilling, individual veins are generally narrow, ranging from several centimetres up to several metres in thickness. Multiple veins occur sub-parallel to each other, as well as sub-parallel to the Piché lithologies and the LLCB. Individual veins have well-established lateral continuity, with near-vertical, high-grade shoots developed over significant lengths. Based on the historic data available, it is clear that the former mine was "high-graded", with mining focussed on a main central stope and parallel veins identified but left undeveloped.The historic O'Brien mine produced over half a million ounces of gold from such veins and shoots at an average grade exceeding 15 g/t Au and over a vertical extent of at least 1,000 metres. Modern exploration has focussed on delineating well developed vein mineralization to the east of the historic mine, with additional high-grade shoots becoming evident in the exploration data over what has been described as a series of repeating trends ("Trend #s 0 to 5").Step-Out Drilling at O'BrienSince the end of 2024, Radisson has been pursuing a program of broad step-outs beneath the historic O'Brien Gold mine and the existing mineral resources designed to test the scope of mineralization at the Project. This drilling is accomplished with pilot holes followed by wedges and directional drilling to maximize drill efficiency. A particular focus has been the delineation of multiple high-grade veins beneath the historic mine workings of the O'Brien mine with a series of wedge-extensions drilled from the pilot hole OB-24-337, which intersected 242.0 g/t Au over 1.0 metre within a mineralized interval that averaged 31.24 g/t Au over 8.0 metres at approximately 1,500 metres vertical depth. Assay results from a total of 7 wedges from OB-24-337 have now been reported and up to six gold-bearing veins have been delineated over an area of approximately 250 metres (east-west) by 250 metres (vertical). These veins appear to correspond to veins mapped at the base of the historic mine at 1,000 metres deep, approximately 300 to 500 metres above the new intercepts (see Radisson news release dated July 16, 2025). Current drilling in this area is focussed on infilling with pilot holes and wedge extensions both above and below the OB-24-337 pattern of branches to test the full continuity of mineralisation from the historic mine down to 2 kilometres depth.Step-out drilling with wedge extensions has also confirmed high-grade mineralization 170 metres below the base of the existing mineral resources at Trend #1, including pilot hole OB-24-324 which intersected 27.61 g/t Au over 6.0 metres (see Radisson news release dated October 30, 2024).Today's results include pilot holes and wedges with high-grade mineralization located up to 300 metres below previous drill intercepts at Trend #2 and showing good continuity with the mineral resource model above (Figure 2). These drill holes include OB-24-363 which intersected 8.41 g/t Au over 2.20 metres including 14.40 g/t Au over 1.20 metres and 9.07 g/t Au over 1.80 metres including 12.10 g/t Au over 0.90 metres. Three separate drill-holes were located at or close to the base of the existing mineral resources at Trend #3, including OB-24-361 which intersected 15.10 g/t Au over 1 metre and 3.50 g/t Au over 5.0 metres including 8.96 g/t Au over 1.28 metres. These new drill intercepts extend the scope of known gold mineralization at O'Brien, which remains open to depth along the full 5 kilometre length of the property.QA/QCAll drill cores in this campaign are NQ in size. Assays were completed on sawn half-cores, with the second half kept for future reference. The samples were analyzed using standard fire assay procedures with Atomic Absorption (AA) finish at ALS Laboratory Ltd, in Val-d'Or, Quebec. Samples yielding a grade higher than 10 g/t Au were analyzed a second time by fire assay with gravimetric finish at the same laboratory. Mineralized zones containing visible gold were analyzed with metallic sieve procedure. Standard reference materials, blank samples and duplicates were inserted prior to shipment for quality assurance and quality control (QA/QC) program.Qualified Persons Disclosure of a scientific or technical nature in this news release was prepared under the supervision of Mr. Richard Nieminen, P.Geo, (QC), a geological consultant for Radisson and a Qualified Person for purposes of NI 43-101. Mr. Luke Evans, M.Sc., P.Eng., ing, of SLR Consulting (Canada) Ltd., is the Qualified Person responsible for the preparation of the MRE at O'Brien. Each of Mr. Nieminen and Mr. Evans is independent of Radisson and the O'Brien Gold Project.About Radisson MiningRadisson is a gold exploration company focused on its 100% owned O'Brien Gold Project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. A July 2025 Preliminary Economic Assessment described a low cost and high value project with an 11-year mine life and significant upside potential based on the use of existing regional infrastructure. Indicated Mineral Resources are estimated at 0.58 million ounces (2.20 million tonnes at 8.2 g/t Au), with additional Inferred Mineral Resources estimated at 0.93 million ounces (6.67 million tonnes at 4.4 g/t Au). Please see the NI 43-101 "O'Brien Gold Project Technical Report and Preliminary Economic Assessment, Québec, Canada" effective June 27, 2025, and other filings made with Canadian securities regulatory authorities available at www.sedarplus.ca for further details and assumptions relating to the O'Brien Gold Project.Figure 2: Cross Section through "Trend #2" with Drill Holes OB-24-352,363, OB-25-363W1,371 and 371W1To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/265432_bb2e887f64ce98f8_002full.jpgTable 2: Detailed Assay Results (see "Notes on Calculation of Drill Intercepts")DDHZone From (m) To (m) CorG LGngth (m) Au g/t - Uncut Host LithologyOB-24-352Trend #2 248.0249.01.001.17PON-S3 521.0 522.0 1.00 13.10 PON-S3 648.0649.51.501.46V3-S 694.7697.52.801.79V3-CEN 703.0 704.5 1.50 3.73 S1P 724.1725.51.401.32POR-SOB-24-353Trend #1 26.528.01.502.24PON-S3 58.761.02.302.05PON-S3 70.0 71.5 1.50 3.51 PON-S3 134.5135.91.401.90V3-S 153.1156.02.901.09POR-S 160.9 162.0 1.14 3.24 S1P 165.5166.51.001.13S1P 180.9181.91.041.98S1P 184.4185.71.291.15POR-N 191.0 194.3 3.30 3.70 TXIncluding 192.0 193.0 1.00 6.28 TX 197.0198.01.002.11V3-N 203.7204.50.822.30V3-NOB-24-354Trend #0 203.0203.90.901.51POR-S 232.0 234.3 2.30 7.95 S1P Including 232.0 233.0 1.00 14.85 S1P 244.0245.31.301.61S1P 250.0251.01.001.14S1P 264.5265.61.131.21S1P 279.7282.02.301.68TX 302.7 304.0 1.30 6.39 V3-N OB-24-355Trend #3 308.6309.71.101.04PON-S3 401.5403.01.501.09V3-S 432.4437.71.591.59S1PIncluding 432.4 433.7 1.30 3.91 S1P 440.9442.01.101.87V3-N 466.8 468.9 2.10 3.49 V3-N 473.2474.21.001.18V3-NOB-24-359W1Trend #3 429.3 430.8 1.50 3.88 V3-S 465.3466.31.001.69S1P 495.0 496.0 1.00 11.20 S3POB-24-361Trend #3 195.5 196.5 1.00 4.46 PON-S3 215.5216.51.002.01PON-S4 413.0414.11.101.34PON-S5 481.5483.01.501.05PON-S6 514.0515.51.501.09V3-S 572.4 573.4 1.00 15.10 V3-S 633.0 638.0 5.00 3.50 V3-SIncluding 633.0 634.3 1.28 8.96 S1P/POR-N 639.0642.33.301.43S1POB-24-362Trend #1 432.2433.51.252.16POR-N 444.5446.01.501.70TXOB-24-363Trend #2 194.5 195.9 1.40 6.04 PON-S3 907.7909.01.301.03PON-S3 910.0 911.0 1.00 7.65 PON-S3 1,199.7 1,201.9 2.20 8.41 V3-SIncluding 1,200.7 1,201.9 1.20 14.40 V3-S 1,215.21,216.41.201.42V3-S 1,231.3 1,233.1 1.80 9.07 POR-SIncluding 1,232.2 1,233.1 0.90 12.10 POR-S 1,286.51,287.51.002.91V3-NOB-25-363W1Trend #2 877.0878.31.301.43TX 910.6912.11.501.59PON-S3 1,034.01,035.01.001.02PON-S3 1,037.0 1,038.4 1.40 4.16 V3-S 1,042.61,044.01.401.93V3-S 1,045.71,046.71.002.17V3-S 1,052.61,059.36.701.78V3-SIncluding 1,056.5 1,058.0 1.50 4.04 V3-S 1,186.01,187.51.502.10V3-SOB-24-364Trend #1 164.0165.51.501.41PON-S3 371.0376.55.501.01POR-S 388.0 389.4 1.40 12.75 V3-CEN 402.5 404.0 1.50 6.26 S1P 408.5409.91.401.40S1P 413.2 414.7 1.50 11.15 POR-N 440.7442.01.302.32V3-NOB-25-365Trend #1 379.0380.51.501.40V3-S 428.5429.71.202.85POR-S 469.0473.54.501.28POR-N 502.5504.01.501.35S3pOB-25-366Trend #3 601.0602.51.501.34PON-S3 619.0 620.0 1.00 3.71 PON-S3 811.9818.16.251.21V3-CEN/S1p/POR-NOB-25-371Trend #2 1,306.01,307.51.501.86V3-N 1,310.51,312.01.501.36S3p 1,326.01,327.01.001.48V3-S 1,335.01,338.03.001.67V3-S 1,370.51,375.24.701.07POR-S 1,402.0 1,404.5 2.50 3.99 POR-SIncluding 1,402.0 1,403.0 1.00 5.54 POR-N/V3-N 1,405.51,406.51.001.14S3pOB-25-371W1Trend #2 1,058.5 1,061.5 3.00 5.66 PON-S3Including 1,058.5 1,060.0 1.50 9.97 PON-S3 1,210.9 1,214.0 3.10 3.21 V3-S 1,216.01,218.52.501.86V3-S 1,265.51,267.01.502.52V3-S 1,272.71,274.21.501.08V3-S 1,287.51,298.010.501.29POR-S 1,323.01,324.51.501.45S1p 1,327.61,328.71.102.41POR-N 1,366.51,368.01.501.14ZFLLCOB-25-375Trend #3 538.0 539.5 1.50 7.38 S3p 675.0676.01.001.56S3p 754.0755.51.501.25PON-S3 876.5878.01.502.41PON-S3 882.5886.03.501.36V3-S Table 3: Drill Hole Collar Information for Holes contained in this News ReleaseTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/265432_a2bf4d99d4dc3aa5_007full.jpgNotes:Hole lengths for wedges represent meterage from point of wedge.For more information on Radisson, visit our website at www.radissonmining.com or contact:Matt MansonPresident and CEO416.618.5885mmanson@radissonmining.comKristina PillonManager, Investor Relations604.908.1695kpillon@radissonmining.comForward-Looking StatementsThis news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Forward-looking statements including, but are not limited to, statements with respect to the ability to execute the Company's plans relating to the O'Brien Gold Project as set out in the Preliminary Economic Assessment; the Company's ability to complete its planned exploration and development programs; the absence of adverse conditions at the O'Brien Gold Project; the absence of unforeseen operational delays; the absence of material delays in obtaining necessary permits; the price of gold remaining at levels that render the O'Brien Gold Project profitable; the Company's ability to continue raising necessary capital to finance its operations; the ability to realize on the mineral resource and mineral reserve estimates; assumptions regarding present and future business strategies, local and global geopolitical and economic conditions and the environment in which the Company operates and will operate in the future;, planned and ongoing drilling, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, and the ability to incorporate new drilling in an updated technical report and resource modelling; the Company's ability to grow the O'Brien Gold Project; the ability to negotiate and execute an arrangement with IAMGOLD related to the Doyon Mill on satisfactory terms or at all; and the ability to convert inferred mineral resources to indicated mineral resources. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements Forward-looking information is based on estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others; the risk that the O'Brien Gold Project will never reach the production stage (including due to a lack of financing); the Company's capital requirements and access to funding; changes in legislation, regulations and accounting standards to which the Company is subject, including environmental, health and safety standards, and the impact of such legislation, regulations and standards on the Company's activities; price volatility and availability of commodities; instability in the global financial system; the effects of high inflation, such as higher commodity prices; the risk of any future litigation against the Company; changes in project parameters and/or economic assessments as plans continue to be refined; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; risks relating to the drill results at O'Brien; the significance of drill results; and the ability of drill results to accurately predict mineralization. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company believes that this forward-looking information is based on reasonable assumptions, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. These statements speak only as of the date of this news release.Please refer to the "Risks and Uncertainties Related to Exploration" and the "Risks Related to Financing and Development" sections of the Company's Management's Discussion and Analysis dated April 29, 2025 for the years ended December 31, 2024, and the Company's Management's Discussion and Analysis dated August 27, 2025 for the three-months ended June 30, 2025, all of which are available electronically on SEDAR+ at www.sedarplus.ca. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.________________________1 NI 43-101 "O'Brien Gold Project Technical Report and Preliminary Economic Assessment, Québec, Canada" effective June 27, 2025.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265432 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
EQS Newswire / 04/09/2025 / 10:54 UTC+8
Cross-Era Intelligent Economy Operator Virtual Mind Holding announces funding agreement with GEM Global Yield.
Virtual Mind Holding (HKG: 1520), an innovative enterprise focused on the intelligent economy sector, which drives cross-era intelligent economic operations and business model innovation through IP + AI + Web3, has secured a Share Subscription Facility (SSF) of up to HKD $225 million with GEM Global Yield LLC SCS. The agreement, announced on Friday, allows VMH to draw down funds in tranches over a three-year period in exchange for issuing new shares to GEM. There is no minimum drawdown obligation.
The SSF provides VMH with working capital at its discretion.
Drawdowns will occur at a price equivalent to 90% of the average closing bid price during the 15-day pricing period, with VMH having the right to set a minimum drawdown price and put a floor price on each drawdown, as long as GEM will not become a connected person or trigger any mandatory general offer obligation under the Hong Kong Takeovers Code.
In consideration for the SSF, VMH will issue warrants to GEM to subscribe shares at HK$1.97 per share, for up to 31 million shares, with an 18 months’ term. VMH Chairman Mei Weiyi stated that this funding will allow VMH to execute its growth strategy and accelerate the commercialisation of its cutting-edge technology solutions as well as its overseas business expansion particularly in the Kingdom of Saudi Arabia.
04/09/2025 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
TOKYO, Japan, September 8, 2025 - (JCN Newswire via SeaPRwire.com) – Repsol Honda HRC rider Toni Bou (Spain, 38 years old) has won the 2025 FIM* Trial World Championship (TrialGP). He has clinched his 19th consecutive title, extending his own record, in Round 7 in Geddington, Great Britain, held on September 6-7.*FIM: Fédération Internationale de MotocyclismeToni BouToni Bou and Montesa COTA 4RTThe Repsol Honda HRC rider signs off for 2025 with his 38th title, while Gabriel Marcelli finishes third overall.The 2025 TrialGP World Championship season concluded in Geddington, England, on Sunday. Toni Bou capped off a great campaign with another victory, his 12th of the year, and Gabriel Marcelli finished the year in third place overall.Bou came into the first race of the day having secured the championship on Saturday. From the opening zones on Sunday, he was solid and consistent, leading from start to finish. Rain that appeared in the final part of the race, making the zones more difficult, did not prevent the Repsol Honda rider from claiming another victory -with 21 penalty points.The second race was no less demanding, as his rivals provided a significant challenge. However, the 38-time world champion maintained his pace and secured another victory that confirmed his absolute dominance in 2025. He was also the fastest in the final Power Section of the season, which earned him an extra point in the overall standings.Toni Bou | Repsol Honda HRC“We had a perfect weekend. Yesterday we clinched the title and today we won both races plus the Power Section, so there's no better way to end the season. We've achieved everything we could, and I don't think we could ask for more. The consistency and all the hard work we've done throughout the season have been noticeable. It's been a very good year, with no injuries, and I've been able to be consistent and competitive from start to finish. It's one of the best seasons I've had. I want to thank the team, Honda, and HRC.”Takahisa Fujinami | Repsol Honda HRC Manager“This was a very good season, full of great moments. Toni, Gabri, and the team gave their all in every race, and I'm very satisfied with all the work done. Overall, the year was very positive, as we took another title with Toni, and Gabri achieved his first victory. Today, they both performed at the same high level, despite making some mistakes, and we finished with both of them on the podium again. I would like to thank Honda, HRC, and our sponsors once again for their dedication throughout the year.”Koji Watanabe, President of Honda Racing Corporation“I would like to express my heartfelt respect for Toni on winning his 19th consecutive title in the Trial World Championship. This unprecedented achievement was made possible by his exceptional riding skills, relentless effort, and the dedicated support of his team. Toni's pursuit of excellence has deeply inspired motorsports fans around the world and will surely serve as a goal for the next generation of riders. Looking forward to even more record-breaking accomplishments, HRC will continue to fully support Toni. I would like to express my gratitude to the many sponsors who support our racing activities and all the trial fans around the world who have always given us their enthusiastic support.”About Toni BouBirth Date:October 17, 1986 (38 years old)Birthplace:SpainCareer Highlights: 2003Trial World Championship debut2007Joins Repsol Montesa HRC, Wins his first Trial World Championship and X-Trial World Championship2008 - 2024Wins every Trial World Championship & X-Trial World Championship(18 each, 36 total)2025April SeptemberWins his 19th consecutive X-Trial World ChampionshipWins his 19th consecutive Trial World Championship(Total 38th consecutive Trial World Championship) Montesa COTA 4RT OverviewEngine: Liquid-cooled 4-stroke OHC single-cylinder engineFrame: Aluminum twin-tubeTires: 21-inch (front) 18-inch (rear) Copyright 2025 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
