
Eisai Presents Clinical Study Results of Novel Orexin Receptor Agonist E2086 for Narcolepsy at World Sleep 2025
TOKYO, September 8, 2025 - (JCN Newswire via SeaPRwire.com) - Eisai Co., Ltd. (Headquarters: Tokyo, CEO: Haruo Naito, “Eisai”) announced today that the results from a Phase Ib clinical trial (NCT06462404) of its in-house developed novel selective orexin 2 receptor agonist E2086 have been presented at the World Sleep 2025 congress, held in Singapore from September 5 to 10. These data demonstrate that once-daily dosing of E2086 has the potential to improve daytime wakefulness in individuals with narcolepsy type 1 (NT1). Clinical Trial DesignThis randomized, double-blind, single-dose, multiple crossover, Phase Ib clinical trial was conducted in the United States and Canada to evaluate the efficacy, safety, and tolerability of E2086 in people meeting criteria for NT1, compared with placebo and an existing treatment (modafinil). There were a total of 21 patients in the clinical trial (21 patients received the study medication, 19 patients completed the trial). Participants received a single dose of one of five treatments (E2086 5 mg, 10 mg, 25 mg, placebo, ormodafinil) shortly after waking, efficacy assessments were conducted for each treatment.Efficacy was assessed using the objective Maintenance of Wakefulness Test (MWT)*1 to evaluate excessive daytime sleepiness (EDS), and subjective sleepiness was measured using the Karolinska Sleepiness Scale(KSS)*2 at the end of each MWT session.Clinical Trial ResultsAs evaluated by MWT, all doses of E2086 demonstrated statistically significant longer sleep latencies*3 – a measure of the ability to stay awake – compared with placebo (P<0.0001 for all doses) and modafinil (E20865 mg: P=0.0009; E2086 10 mg and 25 mg: P<0.0001) (See the figure below). For the KSS, all doses of E2086 showed statistically significant higher alertness compared with placebo(P<0.0001), while E2086 10 mg and 25 mg demonstrated statistically significantly higher alertness compared with modafinil (P<0.0001). These outcomes confirmed the Proof of Mechanism for E2086.Treatment-emergent adverse events (TEAEs), based on the 21 patients who received the study medication in the clinical trial, exhibited a dose-dependent trend. The four most frequently observed TEAEs with E2086 included increased urinary frequency (E2086 5 mg: 14.3%, 10 mg: 23.8%, 25 mg: 52.4%), nausea (14.3%,19.0%, 47.6%), dizziness (4.8%, 23.8%, 38.1%), and urinary urgency (9.5%, 19.0%, 38.1%). No participants discontinued due to TEAEs, and most TEAEs were mild to moderate in severity. No serious TEAEs were reported.Katsutoshi Ido, Ph.D., Chief Scientific Officer at Eisai, commented: “At World Sleep 2025, we presented data supporting the potential of E2086 to improve daytime wakefulness in people diagnosed with narcolepsy type 1. Narcolepsy is a condition with high unmet medical needs, characterized not only by excessive daytime sleepiness but also by symptoms such as cataplexy, hypnagogic/hynopompichallucinations, and sleep paralysis, all of which significantly impair the quality of life of those affected. The efficacy and safety findings from this trial warrant further investigation in the narcolepsy patient population.”Orexin is a neurotransmitter that plays a central role in regulating sleep and wakefulness. Inhibiting orexinergic neurons is believed to promote a natural transition from wakefulness to sleep. Conversely, activating orexinergic neurons is believed to help maintain a more stable state of wakefulness. From the perspective of inhibiting orexinergic neuron activity, Eisai has developed the insomnia treatment DAYVIGO® (generic name: lemborexant) an orexin receptor antagonist that is available in more than 25 countries worldwide. Furthermore, leveraging the orexin platform established through the development of DAYVIGO, Eisai has created E2086, an orexin receptor agonist that activates orexinergic neurons. In addition to DAYVIGO, Eisai aims to contribute to people living with sleep disorders through the development of E2086.*1 Maintenance of Wakefulness Test (MWT): An objective test that evaluates the ability to stay awake in a sleep-conducive environment. The test is conducted in a quiet examination room with the lights turned off, consisting of four 40-minute sessions carried out at two-hour intervals throughout the day, during which the time taken to fall asleep (sleep latency) is measured using electroencephalography.*2 Karolinska Sleepiness Scale (KSS): A simple subjective scale used to assess the current intensity of sleepiness ona 9-point scale, ranging from "1 - Very clearly awake" to "9 - Very sleepy, struggling against sleepiness”.*3 Sleep latency: The amount of time it takes to fall asleep.For more details, please visit: https://www.eisai.com/news/2025/pdf/enews202562pdf.pdfMEDIA CONTACTS:Eisai Co., Ltd.Public Relations Department,TEL: +81-(0)3-3817-5120Eisai Europe, Ltd.EMEA Communications Department+ 44 (0) 797 487 9419Eisai Inc. (U.S.)Libby Holman+ 1-201-753-1945 Copyright 2025 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
Honda to Commercialize UNI-ONE Hands-Free Personal Mobility Device
TOKYO, Japan, September 8, 2025 - (JCN Newswire via SeaPRwire.com) – Honda Motor Co., Ltd. (Honda) today announced it has decided to introduce the UNI-ONE hands-free personal mobility device to market and will begin sales to corporate customers in Japan on September 24, 2025.Honda positions UNI-ONE as a “mobility device to be used at destinations” after people arrive by car or another means of transportation. This envisions various use cases, including moving customers around designated areas within certain facilities, or to support diverse individuals, including seniors, to enhance performance and increase productivity in offices and other workplaces.The UNI-ONE will reduce the physical burden people experience on their legs and lower back while walking around, which will encourage more people who have been giving up on opportunities for an outing due to a concern about the physical burden. By commercializing UNI-ONE, Honda will strive to contribute to the “joy and freedom of mobility” for more people. UNI-ONEBy leveraging technologies amassed through its research on robotics, including ASIMO, a humanoid robot, Honda created UNI-ONE as a personal mobility device the user can steer simply by shifting body weight while sitting and keeping both hands free to move naturally in all directions as if they were walking. UNI-ONE was designed to be easy to use for people of all ages, from young children to the elderly, without requiring complex operation.Honda has continued to develop personal mobility devices designed to work in harmony with people, such as U3-X (introduced in 2009) and UNI-CUB (introduced in 2012). As a successor model featuring further advanced technologies, UNI-ONE was introduced for the first time at the International Robot Exhibition 2022 (iREX 2022) and has since been well received by visitors of various exhibitions and test-ride events.Since 2023, Honda has been working with some customers to conduct pre-launch paid trials of the UNI-ONE while making progress in initiatives toward mass production and commercialization. Since it obtained type certification as a “small mobility vehicle,*1” which can be used legally on public roads*2, the UNI-ONE has further expanded its scope of applications.*1 A vehicle is identified as a “small mobility vehicle” and considered equivalent to a pedestrian when it fulfills the following requirements:1) Vehicle dimensions must be below the following measurements:a) Length: 120cmb) Width: 70cmc) Height: 120cm2) Vehicle structure must fulfill the following conditions:a) Use an electric motor as the prime mover.b) Maximum speed must not exceed 6km/h.3) The vehicle must not have any sharp protrusions that could pose a risk of causing harm to pedestrians.*2 Certification of the previous version and the all-new version of UNI-ONE was obtained on January 30 and July 10, 2025, respectively.Intended use cases for UNI-ONEHonda is striving to support people to make their daily lives more enjoyable and comfortable by offering UNI-ONE to be used for various purposes: including reducing the physical burden on users while moving them around designated areas within certain facilities; or reducing the workload of people while they are in an office or other workplaces.Moving around inside a facility:Even if there are comfortable means of transportation to the destination, having to walk a long distance/time at the destination can be a burden, causing some people to give up their opportunity for an outing. UNI-ONE can address such issues and encourage more people to enjoy their outings. Reducing workload at a workplace:Leveraging its unique feature — to enable users to move around as if they are walking while keeping both hands free — UNI-ONE can contribute to productivity improvement and/or a reduction of the workload for people working in the field of office/administration. In addition, the utilization of UNI-ONE can support a diverse workforce, including those who may have difficulty walking, to play active roles in their workplaces. Examples of facilities suitable for the intended use of UNI-ONE1) Theme parks, tourist destinations, parks2) Airports, commercial facilities, museums3) Offices, medical facilities4) Smart cities, station areas5) Outlet malls, shopping malls6) Exhibition halls, warehousesUNI-ONE sales strategyHonda will begin sales of the UNI-ONE to corporate customers in Japan in the form of a “service contract” that packages the UNI-ONE body, swappable battery, maintenance and insurance services. All sales will be conducted through the official UNI-ONE website.Official UNI-ONE websiteURL: https://www.honda.co.jp/UNI-ONE/ (Japanese)Product information, case studies of UNI-ONE utilization and information on test-ride events open to the public are also available on this website. Planned sales volumeLimited to 1,000 units (in a 5-year period until 2023)UNI-ONE “service contract” package- 1 UNI-ONE device- 2 swappable batteries- 1 battery charger- Regular inspection- On-site repair service- Call center support- Insurance- UNI-ONE operation management appMonthly fee per unit (including taxes) Number of units under contractLess than 10 unitsMore than 10 unitsContract term3 years120,000 yen100,000 yen6 years90,000 yen80,000 yenFor use at limited-time events and other special occasions, Honda will offer a short-term rental service, available starting from one day. The package includes one unit of UNI-ONE, two swappable batteries, one charger and insurance for the daily fee of 55,000 yen (including taxes) per unit. Example of a facility which will introduce UNI-ONE for customer use After the start of sales, UNI-ONE will be available for customer use at the Sanrio Character Park “Harmonyland” starting on Sunday, October 19, 2025.Harmonyland is an outdoor theme park set in the natural landscape of Hiji-machi, Hayami-gun, Oita Prefecture, Japan. The park welcomes visitors of all ages with the wish that all visitors, including those who are concerned about walking a long time within the park — such as multi-generation families with small children, the elderly, and people with disabilities — will enjoy the park with their friends and families without facing the burden of walking. The utilization of UNI-ONE will contribute to the realization of this wish and become a step toward addressing the challenge that people with disabilities often face related to their mobility and recreational activities. For this reason, Harmonyland and Honda came to an agreement to introduce UNI-ONE.About the Sanrio Character Park “Harmonyland”Official website: https://www.harmonyland.jp/Operating company: Sanrio Entertainment Co., Ltd.Location address: 5933 Fujiwara, Hiji-machi, Hayami-gun, Oita Prefecture, Japan Copyright 2025 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
European Dairy Exports from Ireland to Asia Top EUR440 Million in 2024 as Ireland Launches EUR3.2 Million EU Campaign to Strengthen Partnerships
Grass-fed provenance and advanced R&D connect European dairy from Ireland with Singapore’s food innovation ecosystem and regional HQsSINGAPORE, Sept 8, 2025 - (ACN Newswire via SeaPRwire.com) - Building on the success of the European dairy exports from Ireland to Asia, which exceeded €440 million in 2024, the European Union and Ireland today launched the “European Dairy – Ireland, Where Nature Meets Science” campaign. This €3.2 million co-funded investment aims to strengthen Asia’s nutrition pipeline and foster long-term trade partnerships. Positioning Singapore as the regional hub, the three-year project running until 2028 will focus on building supply resilience, and driving new partnerships across Singapore, China, and Vietnam. Singapore stands at the heart of Asia’s food innovation and trade ecosystem. Its world-class safety standards, research infrastructure, and regional influence empower European dairy to meet Asia’s demand for sustainable, traceable, and science-driven ingredients in a volatile global market. Her Excellency Sarah McGrath, Ambassador of Ireland to Singapore, said,“This campaign is a symbol of Ireland’s commitment to strengthening the bridges between Europe and Asia. By launching in Singapore, we are reinforcing not only a vital trade relationship but also our shared pursuit of innovation, research, and sustainable development in food. Ireland’s expertise in science-driven agriculture, combined with Asia’s leadership in food innovation, creates an opportunity to deepen trust and collaboration across sectors. This initiative reflects the spirit of partnership that will define the future of our cultural and economic ties.”Driving this mission is Bord Bia - the Irish Food Board, which champions the national and international growth of Ireland’s food, drink, and horticulture sectors. With a strategic network of offices across Europe, the Middle East, Africa, the United States, and Asia (Singapore, Shanghai, Tokyo), Bord Bia connects European producers from Ireland with priority partners in these key markets, strengthening trade links and fostering long-term collaboration.Lisa Phelan, Director for Southeast Asia and Australia and New Zealand at Bord Bia, explained, "Ireland’s grass-fed, sustainably produced dairy, supported by Origin Green, our pioneering national food and drink sustainability programme, brings provenance, quality, and science-driven innovation - but we cannot achieve impact alone. By collaborating with Singapore, which combines technological expertise, research capabilities, and regional market knowledge, we can secure Asia’s nutrition future with dairy that is trusted, traceable, and future-ready. This campaign exemplifies how Europe’s strengths and Asia’s innovation ecosystem can come together to drive sustainable, long-term food solutions."Europe’s Flagship for Sustainable Dairy - IrelandIn Europe, Ireland leads in sustainable dairy production, combining grass-fed farming at scale with advanced science and research and development. Key credentials include:90% of herds are grass-fed, unique globally at this scale.95% of processors are enrolled in Origin Green, the independently verified sustainability programme.Ranked second globally in the Food Security Index, underscoring safety and reliability.Home to the Dairy Processing Technology Centre, developing functional ingredients for infant formula, medical nutrition, and food innovation.The campaign aims to: Reaffirm European Dairy’s reputation as high-quality dairy suppliers 2. Provide traceable, science-driven ingredients 3. Connect Singaporean firms with European Union innovation pipelinesFor more information, visit https://european-dairy.eu. Media Contact:Wani DiwarkarE: wani@prbespoke.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Mitsubishi Power Signs Contract to Supply Two M701JAC Gas Turbines to O Mon 4 Power Plant
Perspective of O Mon 4 Thermal Power Plant project (Photo: Petrovietnam)Singapore, September 8, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), today announced that it has been awarded a contract in cooperation with Doosan Enerbility Co, to supply two advanced M701JAC gas turbines and auxiliary equipment for the O Mon 4 Gas Turbine Combined Cycle (GTCC) Power Plant. The agreement was signed in August 2025.The O Mon 4 plant, with a designed capacity of 1,155MW, is developed by the Vietnam National Industry-Energy Group (Petrovietnam), with the engineering, procurement and construction (EPC) contract awarded to a consortium of Doosan Enerbility of South Korea and Vietnam's Power Engineering Consulting Joint Stock Company 2 (PECC2). As the first deployment in Vietnam, Mitsubishi Power will supply the two JAC gas turbines, which are recognized as the world's most efficient large-frame turbines, with more than 64% combined cycle efficiency and proven reliability through 3 million operational hours.The groundbreaking ceremony for O Mon 4 took place in late August in Can Tho, South Vietnam, marking the start of construction, and the plant is scheduled for completion in 2028.O Mon 4 will provide stable electricity for the Mekong Delta, boosting Petrovietnam's installed capacity to more than 9,300MW, equivalent to about 10% of Vietnam's national power system. The project is part of the Block B - O Mon gas-to-power project chain, a national priority designed to strengthen Vietnam's energy security and accelerate the country's energy transition.Akihiro Ondo, CEO and Managing Director of Mitsubishi Power Asia Pacific Pte. Ltd., said, "The O Mon 4 project marks a milestone in Vietnam's energy journey, and we are honored to contribute our state-of-the-art JAC gas turbines to this key power plant. Building on our proven track record across Asia, we are committed to delivering world-class reliability and performance for O Mon 4, working together with our partners."With O Mon 4, Mitsubishi Power strengthens its support for Vietnam's Power Development Plan VIII (PDP8), which calls for diversifying the energy mix, reducing coal dependency, and expanding natural gas and renewable energy. The project also contributes to Vietnam's national target of achieving net zero emissions by 2050.Mitsubishi Power remains committed to advancing its industry-leading gas turbine technologies to deliver reliable electricity, strengthen national energy systems, and support sustainable economic growth across Vietnam and Asia Pacific. Copyright 2025 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
Fujitsu develops generative AI reconstruction technology for optimized and energy-efficient AI models based on Takane LLM
Kawasaki, Japan, September 8, 2025 - (JCN Newswire via SeaPRwire.com) - Fujitsu today announced the development of a new reconstruction technology for generative AI. The new technology, positioned as a core component of the Fujitsu Kozuchi AI service, will strengthen the Fujitsu Takane LLM by enabling the creation of lightweight, power-efficient AI models.Fujitsu’s new reconstruction technology is built upon two core advancements:Quantization: A technique that significantly compresses information stored in the connections between neurons that forms the basis of an AI model’s "thought" processSpecialized AI distillation: A world-first (1) method which simultaneously achieves both light weighting and accuracy exceeding that of the original AI modelApplying 1-bit quantization technology to Takane has enabled a 94% reduction in memory consumption. This advancement has achieved the world's highest accuracy retention rate of 89% (2) compared to the unquantized model, along with a 3x increase in inference speed. This significantly surpasses the accuracy retention rate of less than 20% typically achieved by conventional mainstream quantization methods like GPTQ. This breakthrough enables large generative AI models that previously required four high-end GPUs to run efficiently on a single low-end GPU.This unprecedented light weighting capability will enable the deployment of agentic AI on edge devices such as smartphones and factory machinery. This will lead to improved real-time responsiveness, enhanced data security, and a radical reduction in power consumption for AI operations, contributing to a sustainable AI society.Fujitsu plans to sequentially offer customers globally trial environments for Takane with the applied quantization technology starting in the second half of fiscal year 2025. Furthermore, Fujitsu will progressively release models of Cohere's research open-weight Command A quantized using this technology, available via Hugging Face (3) starting todayMoving forward, Fujitsu will continue to advance research and development that significantly improves the capabilities of generative AI while ensuring its reliability, aiming to solve more complex challenges faced by customers and society, and to open new possibilities for generative AI utilization.Technology details Many tasks performed by AI agents require only a fraction of the general capabilities of an LLM. The newly developed generative AI reconstruction technology is inspired by the human brain's ability to reconstruct itself, including by reorganizing neural circuits and specializing in specific skills in response to learning, experience, and environmental changes. It efficiently extracts only the knowledge necessary for specific tasks from a massive model with general knowledge, creating a specialized AI model that is lightweight, highly efficient, and reliable. This is achieved through the following two core technologies:1. Quantization technology for streamlining AI “thought” and reducing power consumption:- Parameter compression:* Technology compresses generative AI parameter information, reducing model size and power consumption, and accelerating performance- Quantization error solution:* Previous challenge: exponential quantization error accumulation in multi-layered neural networks (e.g., LLMs)* Fujitsu's solution: technology for quantization error propagation, a new quantization algorithm* Technology for quantization error propagation prevents error growth through cross-layer error propagation, based on theoretical insights- 1-Bit quantization achievement:* 1-bit LLM quantization achieved via Fujitsu's proprietary, world-leading optimization algorithm for large-scale problems2. Specialized distillation for condensing expertise and improving accuracy:- Brain-inspired optimization:* AI model structure optimization, mirroring brain processes of knowledge strengthening and memory organization- Model generation & selection:* Foundational AI model modification: pruning (unnecessary knowledge removal), transformer block additions (new capability impartation)* Diverse candidate model generation* Optimal model selection: Neural Architecture Search (NAS) with Fujitsu's proxy technology, balancing customer requirements (GPU resources, speed) and accuracy- Knowledge distillation:* Knowledge transfer from teacher models (e.g., Takane) into the selected structural model- Beyond compression:* Model compression with enhanced specialized task accuracy, surpassing foundational generative AI model performance- Demonstrated results (sales negotiation prediction):* Text QA task (sales negotiation outcome prediction, Fujitsu CRM data): - 11x inference speed increase - 43% accuracy improvement* Student model (1/100th parameter size) achieved higher accuracy than teacher model* 70% reduction in GPU memory and operational costs* Enhanced sales negotiation outcome prediction reliability- Demonstrated results (image recognition):* 10% improvement in unseen object detection accuracy (4) over existing distillation techniques* Significant breakthrough: over three times the accuracy improvement in this domain over two yearsFor more details, please visit: https://global.fujitsu/-/media/Project/Fujitsu/Fujitsu-HQ/pr/news/2025/09/08-01-en.pdfFuture plansMoving forward, Fujitsu will further enhance Takane leveraging this technology, empowering customer business transformations. Future plans include lightweight, specialized Takane-derived agentic AI for finance, manufacturing, healthcare, and retail. Further technology advancements aim for up to 1/1000 model memory reduction with maintained accuracy, enabling ubiquitous high-precision, high-speed generative AI. Ultimately, specialized Takane models will evolve into advanced AI agent architectures for deeper world understanding and autonomous complex problem-solving.About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers around the globe, our 113,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: AI, Computing, Networks, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$23 billion) for the fiscal year ended March 31, 2025 and remains the top digital services company in Japan by market share. Find out more: global.fujitsuPress ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiries Copyright 2025 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
Palantir 的未来前景
(SeaPRwire) - Palantir Technologies (NYSE:PLTR) 一直是寻求利用大数据解决方案迅速普及的投资者关注的焦点。在展望Palantir未来五年的发展时,审视该公司的战略举措、竞争定位和市场机遇至关重要。 目前,Palantir以其强大的数据分析平台Palantir Gotham和Palantir Foundry而闻名,这些平台被政府机构和商业企业广泛使用。这些平台使组织能够整合和分析海量数据,从而促进了以往无法实现的决策过程。 展望未来,Palantir的增长战略包括扩大其商业客户群,同时保持其在政府合同中的强势地位。公司专注于开发新技术和增强其软件产品,对于抢占数据分析市场更大份额至关重要。随着全球各行业越来越依赖数据驱动的洞察力,Palantir的服务可能会变得不可或缺。 此外,Palantir有望受益于各行各业正在进行的数字化转型。人工智能和机器学习技术的兴起为Palantir创新并提供更复杂的分析工具提供了机会。因此,该公司可能会看到医疗保健、金融和物流等正在迅速采用数字解决方案的行业对其需求增加。 另一个可能影响Palantir发展轨迹的因素是其战略伙伴关系。与其他科技巨头或特定行业领导者的合作可以为Palantir提供加速增长所需的资源和市场准入。此类伙伴关系还可以为合资企业或共同开发的产品铺平道路,进一步巩固Palantir在市场中的地位。 在财务方面,Palantir保持了稳健的资产负债表,这使其能够投资于研发,并寻求潜在收购,以增强其能力或市场影响力。这种财务稳定性在公司应对竞争格局并寻求利用新兴机遇时至关重要。 总而言之,Palantir未来五年的发展似乎已为扩张和创新做好准备。该公司适应技术进步和市场动态的能力将是其持续成功的关键。关注Palantir的投资者应将其战略举措和市场状况视为其潜在增长轨迹的指标。 脚注: 本文由第三方内容提供商提供。SeaPRwire (https://www.seaprwire.com/)对此不作任何保证或陈述。 分类: 头条新闻,日常新闻 SeaPRwire为公司和机构提供全球新闻稿发布,覆盖超过6,500个媒体库、86,000名编辑和记者,以及350万以上终端桌面和手机App。SeaPRwire支持英、日、德、韩、法、俄、印尼、马来、越南、中文等多种语言新闻稿发布。 Palantir的平台被政府机构广泛使用。
Yuexiu REIT Disposes of 50% Interest in Yuexiu Financial Tower in Guangzhou and Reorganises the Remaining 50%
HONG KONG, Sep 8, 2025 - (ACN Newswire via SeaPRwire.com) – Yuexiu Real Estate Investment Trust (“Yuexiu REIT”, together with Yuexiu REIT Asset Management Limited, collectively known as the “REIT”; stock code: 405) today announced a strategic capital reorganisation plan to dispose of its 50% interest in Yuexiu Financial Tower (“the Property”) in Guangzhou to Guangzhou Yue Xiu Development Group Co., Ltd., the external transferee, at a consideration of approximately RMB3,433 million and effect an internal reorganisation of the remaining 50% interest. Following completion of the disposal and the internal reorganisation, Yuexiu REIT’s effective beneficial interest in Yuexiu Financial Tower in Guangzhou will be reduced to 49.495%, and the target companies will cease to be subsidiaries of Yuexiu REIT. Yuexiu Financial Tower will be regarded as a “qualified minority-owned property”, continuing to contribute income to the REIT.Reduce gearing and lower financing costsThe transaction and accompanying refinancing plan are intended to optimise Yuexiu REIT's capital structure and reduce its gearing ratio. The net proceeds from the disposal are expected to be approximately RMB2,300 million. Including the RMB3,000 million to be drawn from the new bank facility, the total proceeds of approximately RMB5,300 million will be fully applied towards the repayment of existing indebtedness. Management expects a significant reduction in interest expenses, distribution per unit (“DPU”) accretion and a decrease of the gearing ratio from 48.1% to approximately 41.2% upon the completion of the transaction and refinancing, improving the REIT's financial resilience and enhancing its long-term competitiveness.DPU accretive transaction and positive impact on Yuexiu REIT’s external credit ratingIt is expected that the disposal and the internal reorganisation, together with the refinancing, would lower Yuexiu REIT’s gearing ratio and interest expense, and, on a pro forma basis, result in an accretion to the total distributable income and DPU of the REIT. In addition, with the disposal and an optimised debt structure, the external credit rating of Yuexiu REIT is expected to improve, allowing it to employ diverse fundraising channels, including the offshore bond market, to support future development.Portfolio rebalancing and upgradeThe disposal represents a significant strategic decision for Yuexiu REIT to optimise its portfolio composition. Following the disposal, the proportion of Yuexiu REIT’s revenue from office properties will decrease from 55% to 46%, further enhancing Yuexiu REIT’s ability to withstand market cyclical fluctuations.Tap on potential advantages of partnering with Guangzhou Yue XiuFollowing the disposal, Yuexiu REIT will effectively be partnering with Guangzhou Yue Xiu as its joint venture partner in its ownership of Yuexiu Financial Tower in Guangzhou. Leveraging Guangzhou Yue Xiu’s credit, resources and reputation, Yuexiu Financial Tower in Guangzhou is expected to capture more favourable financing costs, further enhancing the yield of the Property. As a continuing minority shareholder, Yuexiu REIT stands to benefit from these improved financing conditions and the resulting uplift in investment returns.Yuexiu Financial Tower is located in the core area of Guangzhou Zhujiang New Town. The Property comprises a 68-storey above-ground Grade A office building and a 4-storey basement with 827 underground carpark spaces. For the six months ended 30 June 2025 and the year ended 31 December 2024, revenue of Yuexiu Financial Tower was RMB165 million and RMB362 million, respectively.For details, please refer to the REIT’s announcement dated 8 September 2025.About Yuexiu Real Estate Investment TrustYuexiu Real Estate Investment Trust (“Yuexiu REIT”) was listed on The Stock Exchange of Hong Kong Limited on 21 December 2005 and is the first listed real estate investment trust in the world which invests in real properties in the mainland of the People's Republic of China (the “PRC”). The current property portfolio of Yuexiu REIT comprises ten high quality properties, namely Guangzhou International Finance Center, White Horse Building, Fortune Plaza, City Development Plaza, Victory Plaza and Yuexiu Financial Tower located in Guangzhou, Yue Xiu Tower located in Shanghai, Wuhan Properties located in Wuhan (including Wuhan Yuexiu Fortune Centre and Starry Victoria Shopping Centre), Victory Business Centre located in Hangzhou and Yue Xiu Building located in Hong Kong, with a total area of ownership of approximately 1.184 million sq.m. All properties are located in the central business district of Guangzhou, Shanghai, Wuhan, Hangzhou and Hong Kong, the PRC, respectively. The categories of the properties include Grade-A offices, commercial complexes, retail business, hotel, serviced apartments and clothing wholesale market etc. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
越秀房产基金出售广州越秀金融大厦50%权益并重组
香港,2025年9月8日 - (亚太商讯 via SeaPRwire.com) - 越秀房地产投资信托基金("越秀房产基金",连同越秀房托资产管理有限公司,统称"基金";股份代号:405)今日宣布一项战略性的资本重组计划,以代价约人民币34.33亿元,向外部承让人广州越秀发展集团有限公司出售广州越秀金融大厦50%权益及内部重组余下50%权益。于出售事项及内部重组完成后,越秀房产基金于广州越秀金融大厦的实际实益权益将减至49.495%,目标公司不再为其附属公司,而越秀金融大厦作为"合资格少数权益物业",继续为基金贡献收益。借贷比率降低,融资成本下降此次交易及配套再融资计划旨在优化越秀房产基金的资本结构,降低借贷比率。出售事项所得款项净额预计约为人民币23亿元,连同新银行融资提取的人民币30亿元,总计约人民币53亿元将全部用于偿还现有债务。管理层预计,交易及再融资完成后可显著降低利息支出,提升每个基金单位分派,同时将借贷比率从48.1%降至约41.2%,增强基金财务韧性及长期竞争力。每个基金单位分派增厚交易及对越秀房产基金外部信用评级的积极影响预计出售事项及内部重组以及再融资将会降低越秀房产基金借贷比率及利息费用;按备考基准,导致基金可分派收入总额及每个基金单位分派的增加。此外,凭借出售事项及优化债务结构,越秀房产基金的外部信用评级预期将得到改善,有利基金借助离岸债券市场等多元化融资渠道,进一步提升未来发展的能力。投资组合再平衡与优化出售事项为越秀房产基金优化其资产组合构成的一项重大战略决策。出售事项完成后,越秀房产基金来自办公物业的经营收入占比将从55%降至46%,将进一步提升越秀房产基金抵御市场周期性波动的能力。挖掘与广州越秀合作的潜在优势出售事项完成后,越秀房产基金将与广州越秀形成实际合作,作为其合营伙伴共同拥有广州越秀金融大厦。借助广州越秀的信用、资源及声誉,广州越秀金融大厦有望获得更有利的融资成本,从而进一步提升该物业的收益率。越秀房产基金作为持续少数股东将受益于该等融资状况的改善,并由此获得投资回报的提升。越秀金融大厦位于广州珠江新城核心区。该物业包括地上68层甲级写字楼及拥有827个地下停车位的4层地库。于截至2025年6月30日止六个月及截至2024年12月31日止年度,越秀金融大厦的经营收入分别为人民币1.65亿元及人民币3.62亿元。有关详情,请参阅基金于2025年9月8日发出之公告。关于越秀房地产投资信托基金越秀房地产投资信托基金("越秀房产基金")于2005年12月21日在香港联合交易所有限公司上市,为全球首只投资于中华人民共和国("中国")内地物业的上市房地产投资信托基金。越秀房产基金目前持有的物业组合包括位于广州的广州国际金融中心、白马大厦、财富广场、城建大厦、维多利广场、越秀金融大厦、位于上海的越秀大厦、位于武汉的武汉物业(包括武汉越秀财富中心和星汇维港购物中心)、位于杭州的维多利商务中心以及位于香港的越秀大厦共10项高素质物业,物业产权面积共约118.4万平方米,分别位于中国广州市、上海市、武汉市、杭州市及香港市的核心商业区域。物业类型包括甲级写字楼、商业综合体、零售商业、酒店、服务式公寓、服装专业市场等。 Copyright 2025 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com






