- Featuring over 200 renowned brands from around the globe at the Brand Name Gallery- New thematic labels for Elderly Products, Green Design and Smart Eyewear categories- Symposium explores myopia control and prevention- Award-winning and shortlisted designs of the 24th Hong Kong Eyewear Design Competition on displayHONG KONG, Nov 6, 2024 - (ACN Newswire via SeaPRwire.com) - The 32nd Hong Kong International Optical Fair, organised by the Hong Kong Trade Development Council (HKTDC) and co-organised by the Hong Kong Optical Manufacturers Association (HKOMA), brings together over 700 exhibitors from 17 countries and regions. Under the theme of “Seeing is Believing”, the Fair provides a one-stop promotion and procurement platform for the industry. The Fair continues the EXHIBITION+ hybrid model, running a physical exhibition from today through to 8 November at the Hong Kong Convention and Exhibition Centre, while the online exhibition will be accessible until 15 November.Sophia Chong, Acting Executive Director, HKTDC, said: "The Hong Kong International Optical Fair brings together leading eyewear suppliers to present cutting-edge craftsmanship, innovation, and trendsetting products from across the world. This platform fosters networking and business opportunities within the industry.”“To help the industry expand international business networks, the HKTDC has organised 80 buying missions from 45 countries and regions,” Ms Chong added. “Notable buyers include Best Group from Mainland China, Chilli Beans and Vista Import from Brazil, The Intersett Ltd. from Hungary, EYFE Inc. from Japan, Opticalia Okulux from Mexico, Foptics from Singapore, Grey Sunglasses from Spain, and Euro Vision and Vision Plus from the USA.”The annual optical fair is a hallmark event for the industry. In addition to internationally renowned local brands, this year's Fair features exhibitors from Europe and the Americas, such as France, Germany, the United Kingdom, and the United States, as well as from Asia, including Mainland China, Japan, Korea, Singapore, and Taiwan, and from the Middle East, such as Türkiye. The Fair also welcomes back exhibitors from Australia and Malaysia, which are returning after the pandemic.This year’s Optical Fair features several group pavilions, including Mainland China, Japan, Korea and Taiwan, as well as the Visionaries of Style and HKOMA Pavilion; along with pavilions from cities in Mainland China, including Danyang in Jiangsu, Jiaojiang in Zhejiang, Shenzhen in Guangdong and Yingtan in Jiangxi. The Fair provides valuable networking opportunities for exhibitors and supports the local industry in entering the international market and capturing the enormous opportunities in emerging markets.Brand Name Gallery Showcases World-Class DesignsThe Brand Name Gallery showcases a curated selection of over 200 renowned local and overseas brands, such as Rosie Allan from Australia, MINIMA from France; STEPPER from Germany; FRANCO FERRARO from Italy; PLUME from Korea; Nano Vista from Spain; Pepe Jeans, Taylor Morris London, Ted Baker, and Vivienne Westwood from the United Kingdom; along with Anna Sui from the United States and more. Highlighted eyewear pieces include:- Karavan (Booth: GH-C08): This French brand presents handcrafted metal and acetate optical frames in bold colours.- TAVAT (Booth: GH-A20): The SoupCan series by this Italian brand features meticulously handcrafted mixed-material frames which undergo more than 100 production steps, resulting in rich texture and depth.- Miyamoto Optical (Booth: GH-B04): This Japanese brand adds weights at the temple tips for ultra-balanced frames. This innovative design has earned top honours in Japan’s Functional and Technical category awards.- Art Optical (Booth: GH-K01): This Hong Kong brand utilises materials with exceptional stability and impact resistance to create lighter, thinner frames for enhanced comfort. The lenses boast superior scratch resistance and high transparency, ensuring durability and clarity.- Solos Technology Limited (Booth: GH-B26): This Hong Kong brand presents the cutting-edge Solos AirGo™ V smart eyewear range, complete with integrated cameras and ChatGPT-4o functionality.Three New Thematic Labels for Facilitating Buyer’s Procurement ExperienceThe Optical Fair this year features 12 product zones showcasing a diverse variety of eyewear products. Three product categories will be highlighted using special labels to facilitate buying: Smart Ageing Products, Green Solution Suppliers, and Smart Eyewear.Highlighted eyewear:- Eleung Limited (Booth: 1E-D14): Featuring BioCell material in their eyewear frames, a cellulose acetate derived from cotton or wood pulp. It contains no industry-standard plasticisers and is compatible with polycarbonate lenses.- Wenzhou Skysea (Booth: 1D-B33): Offering compact, foldable anti-blue light unisex reading glasses weighing just 15 grams, designed to easily fit into a pocket or purse, ideal for seniors.- Wenzhou Brilliant Vision (Booth: 1D-F02): Introducing relaxing and blue light-blocking reading glasses made of high-quality material for comfort and durability. The unique blue-blocker feature protects eyes from harmful light, reducing the risk of glaucoma and vision-damage.- Wenzhou Innovision Optical (Booth: 1B-D31): Showcasing bio-acetate, a material derived from renewable resources, reducing carbon use and plastic waste.- Chongqing Deding Optical Technology (Booth: 1CON-038): Unveiling ultra-thin smart glasses with a temple thickness of less than 5mm, equipped with a magnetic induction switch and Bluetooth 5.2 for efficient transmission, supporting calls, music playback, and navigation.- Kubota Pharmaceutical Holdings Co., Ltd. (Booth: GH-B30): Introducing Kubota Glass, utilising AR technology to achieve myopic defocus. This system projects an artificially myopically defocused image in front of the retina.Gathering International Optometrists to Explore Progress in Myopia Control and PreventionThe 22nd Hong Kong International Optometric Symposium will be held tomorrow, 7 November. Organised by HKTDC in partnership with The Hong Kong Optometric Association and The Hong Kong Polytechnic University, the symposium will explore myopia control and prevention.Dr Simon TANG, Director of Cluster Services, Hong Kong Hospital Authority, will deliver the opening remarks. Speakers include Professor Ian Morgan from the Australian National University, Dr. Regan Ashby from the University of Canberra, Professor Frank Schaeffel from the University of Tübingen, Professor Kee Chea-su from The Hong Kong Polytechnic University, Professor Chen Zhi from Fudan University, and Dr. Chen Jun from Shanghai Eye Hospital. This event is an accredited Continuing Professional Development (CPD) course by the Optometrists Board, Hong Kong and is endorsed by the Council on Optometric Practitioner Education (COPE).The inaugural Asia-Pacific Eye Health Summit (Hong Kong) and the Greater Bay Area Optometric Practice Development Forum will take place on 8 November, to explore the latest trends and opportunities in the eye health sector within the Greater Bay Area. The Fair will also offer talks and seminars on smart eyewear, sports eyewear, and eyewear for the elderly, helping industry professionals stay updated on global market trend.Exploring Local Creative DesignEyewear parades by professional models will be held to show different styles of eyewear products. To foster Hong Kong’s creativity and innovation, the HKTDC and HKOMA have organised the 24th Hong Kong Eyewear Design Competition under the theme of “Be Bold”. The competition award ceremony will be held this afternoon, and the award-winning and shortlisted designs will be prominently displayed in Exhibition Hall 1D, The Forum, throughout the exhibition. For more details on the overview of competition entries, please visit: finalist_design_Info.pdf.Furthermore, to acknowledge exhibitors who incorporate sustainable elements into their booth designs, the fair has introduced the "Green Booth Design Award". This initiative seeks to commend exhibitors for reducing the environmental footprint of their exhibition booth.Photo download: https://bit.ly/4hBe7aTThe 32nd Hong Kong Optical Fair opens today, showcasing the latest eyewear and optometric products from over 700 exhibitors across 17 countries and regionsModels showcase new products at the eyewear paradeThe Brand Name Gallery showcases over 200 renowned brands from around the world, featuring works from various local and international designers.The fair introduces new category labels, including Smart Ageing Products, Green Solutions Suppliers, and Smart Eyewear, to facilitate purchases for buyersThe Fair continues to feature the "Designer Cafe", showcasing a range of emerging designers and brand productsWinning and shortlisted entries from the 24th Hong Kong Eyewear Design Competition are currently on display in Exhibition Hall 1D, The ForumWebsites:Hong Kong International Optical Fair:https://www.hktdc.com/event/hkopticalfair/enEvent Details of the Hong Kong International Optical Fair: https://www.hktdc.com/event/hkopticalfair/en/intelligence-hub 22nd Hong Kong International Optometric Symposium: https://www.hktdc.com/event/hkopticalfair/en/the-22nd-hong-kong-international-optometric-symposiumHKTDC Media Room: http://mediaroom.hktdc.com/enFair Details (Physical)Date:Wednesday 6 – Friday 8 NovemberTime:6 to 7 November 9:30am – 6:30pm8 November 9:30am – 5:00pmVenue:Hong Kong Convention and Exhibition CentreAdmission:For trade visitors aged 18 or above only.Onsite Registration Fee: HK$100 per person (free for e-Badge registration and pre-registered buyers)Click2Match – Smart Business Matching Platform: 30 October – 15 NovemberMedia enquiriesPlease contact the HKTDC Communications and Public Affairs Department:Johnny TsuiTel: (852) 2584 4395johnny.cy.tsui@hktdc.orgSharon HaTel: (852) 2584 4575sharon.mt.ha@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
BANGKOK, Nov 6, 2024 - (ACN Newswire via SeaPRwire.com) - Tourists, visitors and passersby around Bangkok’s Sukhumvit district looking for a place to dine now have one more option to choose from. Bird House Cafe & Bar opened in July 2024 with the aim to be an all-day comfort place for patrons of all ages.Bird House Cafe & Bar boasts a unique range of beverages at its cafe, including (from left to right): Lime Soda with Anchan Flower, Iced Tea with Honeycomb and Espresso Orange.Located right in the centre of The Racquet Club’s new community space, RQ Bite 49, Bird House is a two-storey glasshouse cafe by day, and bar by night, offering an extensive menu ranging from beers to burgers, and wine to sandwiches.Open daily from 8am till midnight, Bird House boasts a unique range of beverages at its cafe. Caffeine connoisseurs can sip on unique blends of coffee sourced directly from Ethiopia, Brazil and within Southeast Asia, with unique beverages like Espresso Orange, Espresso Passion Fruit and Ice Whiskey Latte. The cafe also serves familiar beverages like Americanos, Lattes, Mochas, Matcha and juices. By night, the cafe transforms into a bar serving American craft beer Sierra Nevada, Spanish lager Mahou, Belgian ale Duvel and more, to cater to the nighttime crowd.The cafe serves a range of sweet and savoury treats, such as sandwiches, muffins, croissants and cookies. Patrons looking for a meal can turn to Goodburgs, the hole-in-the-wall take-away burger outlet next door. Goodburgs is known for its smash burgers and fries, suited for all taste buds, and offers up to nine different types of sauces and three types of loaded fries - BBQ Pulled Pork, Chilli Cheese and Oklahoma Blue Cheese.Bird House and Goodburgs founder Nikhil Rattanaphas said, “The food and beverage industry is constantly evolving, and it is crucial for business owners to be aware of the ever-changing environment. While we originally intended Bird House to be a bar, we saw the opportunity to open for longer hours and serve customers throughout the day, especially at our location beside The Racquet Club. I am grateful to my investor, advisor, and most importantly, friend, Thanit Apipatana who suggested the strategic location for the cafe and bar.”Apipatana, a Bangkok-based entrepreneur and investor, commented about how he saw the location as ideal for Nikhil’s F&B venture. “I visit The Racquet Club frequently and have been in conversations with Nikhil to set up his own F&B establishment. I saw this place as an opportunity for an establishment to attract customers of all ages, as its unique location attracts different footfall traffic throughout the day. Nikhil took my advice and now he has his own cafe and bar serving different menus to cater to customers of all ages throughout the day,” he said.Patrons can enjoy a range of food beyond what the cafe and bar offers, as Bird House has a unique and welcoming policy which allows customers to bring outside food and dine in the cafe as long as they order a drink. The variety of food offered at RQ Bite 49 includes Korean street food, gelato and patisserie, as well as fresh, made-to-order pizza among others.Nikhil expressed gratitude towards Apipatana for his expertise as an advisor and investor. “Apipatana not only shared his experiences in growing businesses, which helped me develop Bird House to offer unique products and services to our customers. His expertise and insights provided me with strategic guidance, and helped me navigate the complexities of the business landscape. The partnership with Apipatana built on trust, mutual respect and aligned goals, was a cornerstone of the success of Bird House,” he said.From an extensive range of unique menu items to serving high-quality beers at competitive prices, such as Sierra Nevada on tap, Bird House aspires to be an all-day dining establishment catering to residents, visitors and patrons of all ages, lifestyles and needs.“Bird House is up and running, and will be a long-standing fair place giving people what they want. The business landscape is going to be challenging, but Bird House offers a variety and we are confident that the business can grow in time to come,” Nikhil added.Bird House Cafe & BarBird House Cafe & Bar is located at 3 unit no. RQ.7 001, Soi Prachankadee 3 (Sukhumvit 49/9), Klongton-Nua, WattanaFacebook: https://www.facebook.com/birdhousebkkInstagram: https://www.instagram.com/birdhouse.bkk/ Copyright 2024 ACN Newswire via SeaPRwire.com.
- The 14th Asian Logistics, Maritime and Aviation Conference (ALMAC) will take place on 18 and 19 November at the Hong Kong Convention and Exhibition Centre- Under the theme of “Shaping the Future of Supply Chains: Resilience and Sustainability”, ALMAC aims to strengthen Hong Kong's position as an international shipping centre, in alignment with the Resolution of the Third Plenary Session of the 20th Central Committee of the Communist Party of China and measures proposed in the latest Policy Address- Around 80 distinguished speakers will delve into discussions on how to create resilient and sustainable supply chains- 2,000+ participants from more than 30 countries and regions are expected to attend- Discussions will focus on 3 major trends - supply chain diversification, sustainability and green energy and innovation and technologyHONG KONG, Nov 5, 2024 - (ACN Newswire via SeaPRwire.com) - The 14th Asian Logistics, Maritime and Aviation Conference (ALMAC), co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and Hong Kong Trade Development Council (HKTDC), will take place on 18-19 November at the Hong Kong Convention and Exhibition Centre.Under the theme “Shaping the Future of Supply Chains: Resilience and Sustainability”, the event aligns with the Resolution of the Third Plenary Session of the 20th Central Committee of the Communist Party of China and supports measures proposed in the latest Policy Address to reinforce Hong Kong’s status as an international shipping centre and aviation hub and to foster the development of the city’s maritime industry. In addition to around 80 heavyweight speakers, the conference is expected to attract over 2,000 participants from more than 30 countries and regions to explore the latest trends and business opportunities in the aviation, logistics and maritime sectors, and to promote high-quality development of the logistics and supply chain management industry.Stephen Liang, Assistant Executive Director, HKTDC said: “As the flagship supply chain event in Asia, this year’s ALMAC presents an impressive line-up of experts from the aviation, logistics and maritime sectors, with a wide coverage of countries and regions, including Middle East, Central Asia and other regions, demonstrating Hong Kong's strength as a platform for international trade and investment. In addition to the attendance of Fu Xuyin, Vice Minister of the Ministry of Transport, People’s Republic of China, for the first time a number of ASEAN officials are invited, including Loke Siew Fook, Minister of Transport Malaysia, H.E. Heng Nan, Secretary of State, Ministry of Public Works and Transport, Cambodia, H.E. Saysongkham Manodham, Vice Minister of Public Works and Transport, Lao PDR and Nguyá»…n Xuân Sang, Deputy Minister of Transportation, Vietnam. The support of leaders from these ASEAN member countries reinforces Hong Kong's position as a superconnector and an international shipping centre and aviation hub.”He said: "HKTDC has been promoting the advantages of Hong Kong's eight centre priority sectors and strengthening the development of high-value supply chain services. We encourage companies to leverage our trade platforms and activities and capitalise on Hong Kong's international platform to explore global opportunities."Three major trends in the logistics service industryThis year’s ALMAC will address three major trends in the logistics service industry: supply chain diversification and market opportunities, sustainability and green energy, and innovation and technology. The global landscape is rapidly changing and supply chain management plays a pivotal role in driving long-term business development. In addition, sustainability has emerged as a paramount focus for businesses aiming to future-proof their operations while innovative technologies and digitalization, such as AI, big data, robotics and drones, offer promising solutions to improve the efficiency of global value chains.Featured speakers include Dr Shamika N. Sirimanne, Director, Division on Technology and Logistics, UN Trade & Development; Dr Erez Agmoni, Head of Innovation (Logistics & Services), Maersk; Achim Martinka, Vice President Global Airfreight- Commercial & Sustainability, DSV; Arjen van Diepen, Head of Global Strategic Planning, The HEINEKEN Company; Bjoern Neal Kirchner, Corporate Vice President Supply Chain Management, Henkel; Rebekka Carey-Smith, Head of Sustainability, THE ICONIC; Nicholas Borsotto, Head of Lenovo AI Innovators and many more.Two debut thematic sessions exploring new trade lines and green energyDisruptions in supply chains have highlighted the vulnerabilities of relying on a single supply and distribution network. To build more resilient networks, businesses are exploring new trade routes to minimise the impact of disruptions on operations and customers.To examine new trade routes and opportunities for supply chain diversification and risk mitigation, a debut panel discussion “Navigating New Trade Lines for Mitigating Disruptions” will feature speakers such as Wilson Kwong, Chief Executive, Hong Kong Air Cargo Terminals Limited; Eng. Loay Mashabi, Managing Director, Saudia Cargo; David O. King, Senior Vice President, Commercial, SEKO Logistics, Delia Sun, Global Head of Supply Chain, DKSH; and Louis Tang, Managing Director, Ocean Network Express (East Asia).The Policy Address proposed developing Hong Kong into a leading green international maritime centre. To explore long-term sustainable solutions, strategies and technologies that facilitate energy transition, this year's conference will include an inaugural “Green Energy Forum: Energy Transition towards Net Zero Emissions”, which will be hosted by Peter Thompson, East Asia Energy Business Leader, Arup. Speakers including Scott Childress, Chief Sustainability Officer, UPS; Marcella Franchi, Chief Marketing Officer and Head of SAF, Haffner Energy; Paolo Gallieri, Chief Operation Officer, Zhero; Neil McDonald, Managing Director, Gold Hydrogen Limited; Benjamin Mee, Executive Director, HyTerra Ltd.20 thematic forums and workshops over two daysTogether with forums related to the 3 major trends, ALMAC will feature some 20 thematic forums and workshops, including special sessions on air freight, shipping, supply chain management and logistics. The Global Spectrum session on the first day, Navigating Global Supply Chains for Inclusive Growth, will explore how governments and businesses can mitigate the impact of supply chain disruptions on global trade.Shippers are key stakeholders in the logistics industry, accounting for one-third of ALMAC participants last year. Speakers from international brands, including leading fashion brand THE ICONIC, electronics brand Lenovo, food and beverage brands such as MondelÄ“z International, Heineken and Henkel, and fast-moving consumer goods company Reckitt will shed light on supply chain transformation and development.ALMAC will continue to host a series of workshops this year, covering topics including e-commerce, youth development, and new subjects including Halal Logistics and sustainable fuel. Industry experts from Shell Aviation, Hong Kong Air Cargo Terminals Limited, Arup, and DKSH will provide practical, hands-on tips for participants. The debut workshop titled “Seamless Integration of Halal Logistics in the Global Halal Supply Chain” will delve into strategic approaches to the seamless integration of halal practices across the entire supply chain process, and how businesses can achieve halal compliance.Hong Kong’s NextGen Logistician Awards promotes the logistics industryThe Hong Kong’s NextGen Logistician Awards Presentation Ceremony will take place on the second day of the conference. It is a new annual award for the logistics industry advocated by the Transport and Logistics Bureau in the Action Plan on Modern Logistics Development and jointly organised by the Hong Kong Shippers' Council and the Hong Kong Logistics Association with the support of the Hong Kong Logistics Development Council and the Hong Kong Trade Development Council. It aims to recognise young talents in the logistics industry who have made significant achievements and shown remarkable potential in innovative, high-end, smart and green logistics. The Secretary for Transport, Lam Sai-hung, will attend the Ceremony.Exhibition area to feature three major air cargo terminalsALMAC will also feature some 90 exhibitors to showcase the latest supply chain management and logistics technology solutions in three exhibition zones including Logtech Salon, Supply Chain Management and Logistics Services, and Maritime and Port Services. The “Logtech Salon”, which was first held last year, showcases artificial intelligence, big data and cloud technologies applicable to the industry. Three of Hong Kong’s major air cargo terminals, Hong Kong Air Cargo Terminals, Cathay Cargo Terminal, and Asia Airfreight Terminal will participate in the exhibition, together with other leading companies such as Mitsui O.S.K. Lines, Ocean Network Express. The Hong Kong Association of Freight Forwarding and Logistics and Hong Kong Science and Technology Parks (HKSTP) will host exhibition pavilions.Business matching sessions will continue to be offered to bring together shippers and service providers to create business opportunities and promote industry development.Photo download: https://bit.ly/3Cbp2IhStephen Liang, Assistant Executive Director, HKTDC (second left); Frankie Yick, Chairman, HKTDC Logistics Services Advisory Committee and Legislative Council member (Functional Constituency - Transport) (second right); Wilson Kwong, Chief Executive, Hong Kong Air Cargo Terminals Limited (first right); and Gary Lau, Chairman, Hong Kong Association of Freight Forwarding and Logistics Limited (first left), took part in the ALMAC media briefing Media enquiriesYuan Tung Financial Relations:Agnes Yiu Tel: (852) 3428 5690 Email: ayiu@yuantung.com.hkEdmund Choi Tel: (852) 3428 2360 Email: echoi@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Stanley So Tel: (852) 2584 4049 Email: stanley.hp.so@hktdc.orgClayton Lauw Tel: (852) 2584 4472 Email: clayton.y.lauw@hktdc.orgHKTDC Media Room: http://mediaroom.hktdc.com Copyright 2024 ACN Newswire via SeaPRwire.com.
HONG KONG, Nov 5, 2024 - (ACN Newswire via SeaPRwire.com) - Champion Real Estate Investment Trust (“Champion REIT” or the “Trust”) (Stock Code: 2778), owner of Three Garden Road and Langham Place, has achieved its second consecutive highest five-star rating, alongside receiving the prestigious titles of “Global Listed Sector Leader”, “Regional Sector Leader (Asia)”, and “Regional Listed Sector Leader (Asia)” under the “Diversified Office/Retail Sector” category in the 2024 GRESB Real Estate Assessment. This inaugural attainment of these esteemed accolades marks a significant milestone for the Trust.GRESB is a leading global sustainability benchmark within the real estate industry. In the 2024 Global Real Estate Assessment, more than 2,200 organisations took part, including over 208,000 assets in 15 sectors across 80 countries.Champion REIT demonstrated exceptional performance in this year’s GRESB assessment, achieving full points in the aspects of Leadership, Policies, Reporting and Risk Management, Targets and Building Certifications. Receiving the top honour as Sector Leader reflects the Trust’s unwavering commitment to its net-zero goal and ongoing efforts to create a smart and sustainable building environment for its tenants and visitors.The Trust also takes pride in being awarded the Grand Award of the GRESB x HERA Standing Investment Benchmark Award for Mainland China and Hong Kong at the Hong Kong ESG Reporting Awards 2024. The acknowledgement reflects the collective efforts of Champion REIT with its tenants and business partners in driving stakeholder engagement and achieving operational excellence.Ms Christina Hau, Chief Executive Officer of Champion REIT, said, “Being recognised as a Global Listed Sector Leader by GRESB and receiving the Grand Award from HERA underscores Champion REIT's leadership and efforts in sustainability. Over the years, we have been leveraging new technologies and innovative solutions to maximise our environmental performance and sustainable practices. I extend my gratitude to our team, tenants, business partners and those who have been part of this shared journey with us. Such recognitions motivate us to explore further sustainability innovations, while we remain committed to working closely with our stakeholders to foster sustainable value creation.”Champion REIT prioritises sustainability, innovation and partnerships as key focus areas. Its noteworthy accomplishments include Three Garden Road becoming Hong Kong's first "Quadruple Platinum" Grade-A office in the existing building certification category. The Trust actively fosters collaboration among stakeholders to promote sustainable development and social benefits through initiatives such as the “Champion REIT ESG Week” and the “EcoChampion Pledge Programme”.Photo caption: Champion REIT has been recognised as the “GRESB Global Listed Sector Leader”, achieving its second consecutive highest five-star ratingChampion REIT takes pride in being awarded the Grand Award of the GRESB x HERA Standing Investment Benchmark Award at the Hong Kong ESG Reporting Awards 2024 ceremonyAbout GRESBGRESB is a mission-driven and industry-led organization providing standardized and validated Environmental, Social, and Governance (ESG) data to financial markets. Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure investments across the world, used by 150 institutional and financial investors to inform decision-making.About Hong Kong ESG Reporting Award (HERA)HERA is organised by Hong Kong ESG Reporting Awards Limited, a registered non-profit organisation. Since 2022, HERA has partnered with GRESB to introduce two award categories, "Excellence in Real Estate" and "Excellence in Infrastructure." The two awards use information from GRESB Assessment results to determine eligible companies, based on their GRESB Score and GRESB Rating.About Champion REIT (2778)Champion Real Estate Investment Trust is a trust formed to own and invest in income-producing office and retail properties. The Trust focuses on Grade-A commercial properties in prime locations. It currently offers investors direct exposure to nearly 3 million sq. ft. of prime office and retail area. These include two Hong Kong landmark properties, Three Garden Road and Langham Place, as well as a joint venture stake in 66 Shoe Lane in Central London. The Trust has been awarded the top five-star rating by GRESB since 2023.Website: www.championreit.com Media Enquiries:Strategic Financial Relations LimitedVicky LeeTel: 2864 4834Email: vicky.lee@sprg.com.hkCynthia NgTel: 2114 4952Email: cynthia.ng@sprg.com.hkTheresa OuyangTel: 2864 4848Email: theresa.ouyang@sprg.com.hkWebsite: www.sprg.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.
HONG KONG, Nov 4, 2024 - (ACN Newswire via SeaPRwire.com) - In recent weeks, both the Hong Kong and A-shares markets have experienced significant volatility. Following the U.S. Federal Reserve's larger-than-expected interest rate cut on September 19, the markets saw a strong rebound. On September 27, the People's Bank of China announced its largest economic stimulus plan since 2020, which included rate cuts, counter-cyclical monetary policy adjustments, greater-than-expected funding support, the creation of new monetary policy tools to stabilize the stock market, and the injection of approximately 1 trillion yuan (approximately US$141.82 billion) of long-term liquidity into the financial markets. These comprehensive supportive policies further boosted market enthusiasm. The Hang Seng Index in Hong Kong peaked at 23,241.74, while the A-shares market gapped up after the National Day holiday, reaching a high of 3,674.40. Both markets saw significant increases in trading volumes, indicating strong market interest.Market data shows that foreign capital inflows have been another driving force behind Hong Kong’s stock market. According to market data, since September, overseas funds have turned into net inflows for the Hong Kong stock market. From mid-September onwards, net inflows from international intermediaries reached HKD 39.6 billion, surpassing the HKD 20.5 billion in net inflows from Mainland China into Hong Kong.Following a sharp short-term rise in Chinese assets, there has been some market correction as investor sentiment cools and profit-taking ensues. However, from a long-term perspective, this correction is necessary. Rather than a speculative bull market, a more structured and gradual rally is healthier for the market and helps investors generate sustainable returns. Over a longer time horizon, the Hong Kong stock market has been undervalued in the past, combined with the liquidity provided by the Federal Reserve's subsequent interest rate cuts and a more comprehensive market turnaround driven by multiple favorable policies. The signals indicating a bottoming out of the Chinese economy are gradually becoming clearer, and the economic fundamentals are improving step by step, suggesting that there is still significant room for growth in the Hong Kong stock market. At the same time, the growth of China's economy has led to an increased demand for commodities and logistics services. In the Hong Kong stock market, there is a company that has been continuously focused on commodities and logistics services.CWT International Limited ("CWT INT'L", 0521.HK, the "Company" together with its subsidiaries the “Group”) is a public limited company incorporated in Hong Kong and its shares are listed on the Main Board of the Stock Exchange of Hong Kong Limited. The controlling shareholder of the Group is HNA Trust Management Co., Ltd, and the resource endowment of shareholders is a major competitive advantage of the Group. In the first half of 2024, CWT had revenue of 20.276 billion HKD, an increase of 27% from previous year, and a net profit of 121 million HKD.The Group operates its business through four major segments. The logistics services segment is engaged in the provision of services including warehousing, transportation, freight forwarding, and supply chain management. The commodity marketing segment is engaged in physical trading and supply chain management of metals and minerals, mainly non-ferrous base metals such as copper, aluminum, and zinc, as well as energy products. The financial services segment is engaged in the provision of financial brokerage services, and asset management services. The engineering services segment provides engineering maintenance for facilities, vehicles and equipment fleet, and design-and-build solutions for logistics properties. The Group's two major businesses segments: logistics services and commodity marketing, constitute the Group's main source of revenue and profit. The Group continues to promote synergy among all segments, to optimize operating processes and improve supply chain efficiency.CWT originates in Singapore and remains as one of the largest warehousing and logistics service providers in Singapore. The Group continues to explore business opportunities in Greater China and Southeast Asia countries through many routes, such as establishing strategic cooperation and joint venture with local business partners. Since the initiation of the strategic cooperation with Hainan Yangpu Holding Investment in April 2024, the Group has facilitated a number of visiting delegations and exchange activities among the Group, business and industrial experts from Singapore, and local organizations in Hainan, in order to evaluate potential investment and business development opportunities in Hainan Free Trade Port. Meanwhile, on the occasion of the 50th anniversary of diplomatic relations between China and Malaysia, in May 2024, the Group signed a memorandum of understanding with a wholly-owned subsidiary of the global commodities warehousing company Access World Group, in order to extend further collaboration in the area of commodity marketing and logistics.As the Group’s footprint in Greater China and Southeast Asia continues to deepen, its relentless focus is to learn from its experience and copy the success in Singapore and other global regions, to contribute to the economic growth and sustainable development in the regions that it operates, and to create more value for the Shareholders. Looking forward, in addition to operating the business with caution, the Group will promote deeper internal synergy, continue to expand its global commercial network, and seize further growth opportunities in Greater China and other regions to maximize the shareholders’ interests and earn a brighter future. Copyright 2024 ACN Newswire via SeaPRwire.com.
SINGAPORE, Nov 5, 2024 - (ACN Newswire via SeaPRwire.com) - As policy, regulatory, and market forces create new sustainability and operational considerations in business, the Asia-Pacific region is at the cusp of change. As the cornerstone of global textile and garment manufacturing, it is brimming with companies trying new things and coping with the new demands of a changing world.Taking place from 13 to 15 November 2024 at the Sands Expo and Convention Centre in Singapore, the Asia-Pacific Textile and Apparel Supply Chain Expo & Summit (APTEXPO 2024) will bring industry leaders, stakeholders, and innovators together to share best practices and explore solutions that will propel the region's textile and apparel supply chain forward.The event is jointly organised by MP Singapore and The Sub-Council of Textile Industry, CCPIT (CCPIT TEX), and hosted in Singapore by the Singapore Fashion Council.In line with this year’s theme, "Re-engineering towards a Resilient, Adaptive and Sustainable Supply Chain", APTEXPO 2024 will see over 20 leaders and experts such as Kristen Nuttall, Head of Programs, The Fashion Pact, and Jonas Wand, Chief Executive Officer and Co-founder, FOURSOURCE, take to the stage to discuss challenges and opportunities faced by global supply chains and explore different ideas in digitalisation, sustainability and risk resilience.Highlights of APTEXPO 2024 include:Global perspective: Representatives of key global brands, heads of manufacturing chain enterprises, and executives of fintech companies will engage in in-depth discussions on topics such as supply chain security trends and opportunities for regional trade and investment.Frontier Technology & Digitalisation: Showcase cutting-edge technologies and solutions to promote innovation, development, operational efficiency, cost and resource optimisation in the textile and apparel industry.Cross-border trade: Utilising global e-commerce platforms to build a new network enabling cross-border trade between the Asia-Pacific region and the global market. APTEXPO also aims to provide a channel for international organisations and brands seeking to penetrate key markets like ASEAN and China.Green procurement: Key discussions and showcases on sustainable manufacturing and a green supply chain.The summit will also feature special investment briefing sessions on the Asia-Pacific Textile Industrial Park to provide participants with greater insights into promotional and investment opportunities.“We are pleased to be playing an important role in supporting long-term, purpose-led value creation in fashion and its supply chains. APTEXPO 2024 is set to encourage much needed conversation, insight-gathering and collaboration for companies navigating the opportunities of this new, changing landscape,” said Sharon Lim, President, Singapore Fashion Council.Over 300 delegates from key brands, large chain retailers, regional and international designers, trading companies, policymakers, and technology providers from around the world are expected to attend the accompanying thought-leader summit.“Looking at the numerous registrations and interest that have come from over 30 economies, we have been so encouraged to see the market interest in APTEXPO 2024. The idea of an event that brings together the whole ecosystem from garment and textile manufacturers, to warehousing and transportation, distribution and sales, including e-commerce platforms, financing solutions and more, seems to echo the buyers’ sentiments for such a turnkey platform," said Jason Ng, Managing Director, MP Singapore.APTEXPO 2024 is supported by the ASEAN Federation of Textile Industries (AFTEX) and the China National Textile and Apparel Council (CNTAC) and co-organised by MP Singapore Pte Ltd and The Sub-Council of Textile Industry, CCPIT (CCPIT TEX). The Singapore Fashion Council (SFC) is the host association in Singapore, while FOURSOURCE, as the special digital partner, is managing the digital aspect of the event.For more information on APTEXPO 2024, please visit ap-texpo.comHashtag: #aptexpohttps://ap-texpo.com/https://www.linkedin.com/company/aptexpo-2024https://www.facebook.com/aptexpo2024/About AFTEXASEAN Federation of Textile Industries (AFTEX) was established in 1978 with the objective to promote common trade position and cooperation among textile and apparel industry in ASEAN member countries in line with the objective of the ASEAN Chamber of Commerce and Industry (ASEAN-CCI).Every year, AFTEX hold its regular meetings plus side events on a rotational basis among member countries to discuss concrete issues of significant relevance to the regional growth and development of the textile and apparel industry, ranging from ASEAN trade linkages to workforce development, from trade fairs & investment promotion to sustainability issue, from regional cooperation to broader partnerships, and more.About CNTACChina National Textile and Apparel Council (CNTAC) is a national federation serving China's textile and apparel industry and enterprises. As a non-profit social organisation dedicated to the high-quality development of industry and enterprises, the services of CNTAC cover the entire textile industrial chain including cotton, linen, wool, silk, knitting, man-made fiber, printing and dyeing, filament fabric, home textiles, industrial textiles, clothing and textile machinery.The wide-ranging services involve areas such as R&D, standards setting, technology transfer, application of information technology, environmental protection, sustainability, inspection and testing, new products, fashion designing, branding, social responsibility, intangible heritage, marketing, trade fairs, industrial layout, industrial clusters, overseas investment, international exchanges, industry- finance integration, training programs and publication.About SFCSingapore Fashion Council (SFC) - formerly known as Textile and Fashion Federation (Singapore) is the official association for the textile and fashion industry in Singapore. Embracing a transformative vision, SFC aspires to become a Vibrant Asian Hub for Responsible Fashion.With a focus on three key pillars: Sustainability, Innovation & Technology and Asian Craftsmanship, SFC works closely with diverse partners across the value chain to offer thought leadership, extensive networks, and resources - to drive impactful change throughout the ecosystem.About MP SingaporeThe MP Group (MP) is a global full-service events management, marketing and community engagement company.Established since 1987, MP embodies more than a quarter century of event building, marketing and management experience in both Eastern and Western cultures, practices, and business philosophies. We bring world-class talent, industry expertise, and incredible enthusiasm into the design and management of extraordinary online-to-offline experiences for your organisation.MP is part of Pico Group, a global group of agencies specialising in engaging people, creating experiences and activating brands for businesses, institutions and governments. As part of the Pico group, MP has unlimited access to a wide network of industry contacts and resources. Pico Far East Holdings has been listed on the Hong Kong Stock Exchange since 1992.About CCPIT TEXThe Sub-Council of Textile Industry, China Council for the Promotion of International Trade (CCPIT TEX) was officially established in 1988. Three decades after its establishment, CCPIT TEX has gradually developed into an excellent organiser for professional exhibitions in China's textile and apparel industry.Independently or along with its partners, CCPIT TEX has organised a series of world-renowned exhibitions which cover the entire textile and garment industry both at home and abroad, including but not limited to Intertextile shanghai apparel fabrics, Intertextile shanghai home textiles, ITMA ASIA + CITME and CINTE.About FOURSOURCEFOURSOURCE, is one of the world's largest tech-enabled B2B apparel and textile networks, connecting over 50,000 companies across 120 countries, facilitating the buying and selling of apparel, fabrics, trims, yarns, and home textiles. The network provides professional tools for brands and suppliers to speed-up their cycle time and reduce cost.FOURSOURCE is dedicated to making the industry smarter, safer, more transparent, and sustainable. The company was founded in 2017 and is headquartered in Berlin, Germany, with offices in Portugal, Turkey, Pakistan and China.Media ContactPRecious Communicationsaptexpo@preciouscomms.com Copyright 2024 ACN Newswire via SeaPRwire.com.
SAN DIEGO, CA, Nov 5, 2024 - (ACN Newswire via SeaPRwire.com) - Source Intelligence has evolved with C-Map, a next-generation software as a service (SaaS) platform that empowers enterprises to manage compliance and sustainability with greater efficiency. Designed to address the increasing complexities of today's regulatory landscape, this powerful platform combines robust automation capabilities, Artificial Intelligence (AI), and in-house regulatory expertise to help companies tackle increasing compliance demands and mitigate emerging risks.Source IntelligenceSource Intelligence's logo and tagline - "Trust Your Source"With regulations evolving faster than ever, compliance teams often struggle with limited resources. Collecting supplier data, responding to documentation requests, and keeping up with shifting requirements create considerable challenges. C-Map reduces manual effort, streamlines workflows, and equips businesses with tools to mitigate risk. These efficiencies translate into tangible outcomes, including:Rapid risk identification: AI capabilities improve data quality and deliver insights into key risk areas faster. This offers companies better visibility and a stronger return on investment.Enhanced risk mitigation through precise data collection: Expert-designed templates and assessments help standardize data collection. This allows teams to make informed decisions and address potential risks before they escalate.Seamless data access with integrated compliance tools: A world-class database integrates with ERP, PLM, and warehousing systems. These integrations enable seamless data exchange, automate compliance checks, and offer real-time visibility into supply chain activities.Increased efficiency through streamlined workflows: Automated workflows ease internal workloads, enabling businesses to manage compliance and sustainability without relying on consulting or manual labor.Faster customer request fulfillment: Automated report and declaration generation reduces manual work. This helps companies respond to customer requests quickly and meet demand effectively.Together, these outcomes empower businesses to reduce risk, enhance efficiency, and maintain control over compliance in a dynamic regulatory environment."C-Map represents a significant step forward for Source Intelligence," said Mike Flynn, Chief Product Officer of Source Intelligence. "We recognized that the only way to help businesses tackle increasingly complex regulations was to deliver a platform that offers scalability, flexibility, and automation. Our software is trusted by some of the world's largest and most sophisticated companies to manage compliance at the highest levels, proving its reliability and impact."With enhanced visibility and control over compliance tasks, businesses across industries - including electronics, medical devices, and industrial manufacturing - can confidently navigate evolving regulations. C-Map offers the flexibility to be self-managed or paired with managed services for additional support. Interested organizations are invited to schedule a demo and experience the platform firsthand.About Source IntelligenceSource Intelligence simplifies compliance, sustainability, and ESG management through scalable SaaS solutions and managed services, configurable to meet the unique needs of any enterprise. For more information, please visit www.sourceintelligence.com.Contact InformationAmanda LindbergDirector of Marketingamanda.lindberg@sourceintel.comSOURCE: Source Intelligence Copyright 2024 ACN Newswire via SeaPRwire.com.
MIAMI BEACH, FL, Nov 4, 2024 - (ACN Newswire via SeaPRwire.com) - LQR House Inc. (the "Company" or "LQR House") (NASDAQ:LQR), a niche ecommerce platform specializing in the spirits and beverage industry, is pleased to announce significant revenue growth for October 2024, including a 424.58% year-over-year increase compared to October 2023 and a notable month-over-month increase in 8% from September 2024 to October 2024.In October 2023, LQR House generated $45,400 in revenue. For September 2024, the Company's revenue reached $238,159.57, highlighting the positive momentum driven by strategic partnerships and platform sales. Since going public in August 2023, LQR House has prioritized building sustainable partnerships, adding new marketing contracts monthly. These partnerships have become a steady source of recurring revenue, with clients engaging LQR House's proprietary marketing services to drive brand awareness and sales on CWSpirits.com.Sean Dollinger, CEO of LQR House, commented, "I'm not sure everyone realizes just how valuable these partnerships are-they're monthly recurring revenue from brands paying for our marketing services, including banner ads, email campaigns, and influencer content. Each of these drives traffic and sales on CWSpirits.com, which we own. We're incredibly proud of each new partner that trusts us with their brand's growth, and we believe that October's results are a testament to the platform's strength. Not only is revenue up year-over-year, but we also saw an increase from September to October 2024, showcasing our commitment to growth and delivering results."LQR House's continues focusing on strategic partnerships and expanding its product offerings aiming for sustained growth within the competitive spirits and beverage market.About LQR House Inc.LQR House intends to become a prominent force in the wine and spirits e-commerce sector, epitomized by its flagship alcohol marketplace, cwspirits.com. This platform seamlessly delivers a diverse range of emerging, premium, and luxury spirits, wines, and champagnes from esteemed retail partners like Country Wine & Spirits. Functioning as a technology-driven hub, LQR House utilizes software, data analytics, and artificial intelligence to elevate the consumer experience. CWSpirits.com stands out as the go-to destination for modern, convenience-oriented shoppers, providing a curated selection of alcohol products delivered to homes across the United States. Beyond its role in an e-commerce sector, LQR House is a marketing agency with a specialized focus on the alcohol industry. The Company measures campaign success by directly correlating it with sales on CWSpirits.com, demonstrating a return on investment. Backed by an influential network of over 550 figures in the alcohol space, LQR House strategically drives traffic to CWSpirits.com, enhancing brand visibility. LQR House intends to disrupt the traditional landscape of the alcohol industry, driven by its dedication to providing an unparalleled online purchasing experience and delivering tailored marketing solutions.Forward-Looking StatementsCertain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Shareholders can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. Forward-looking statements contained in this press release are made only as of the date of this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations that arise after the date hereof, except as may be required by law. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and in other reports and documents that the Company files from time to time with the United States Securities and Exchange Commission (the "SEC"). You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the headings "Risk Factors". Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results described in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and in other reports and documents that the Company files from time to time with the SEC. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. References and links to websites have been provided as a convenience, and the information contained on such websites has not been incorporated by reference into this press release.Investor and Media Contact:info@lqrhouse.comContact InformationSean DollingerCEOinfo@lqrhouse.comSOURCE: LQR House Copyright 2024 ACN Newswire via SeaPRwire.com.
HONG KONG, Nov 4, 2024 - (ACN Newswire via SeaPRwire.com) - RVs have become an important means of modern travel and leisure, and have gained increasing popularity worldwide in recent years. There are numerous world-renowned RV brands, and among the RV companies that have already entered the capital market, there are three listed on the US stock market: Thor Industries (THO.US), Winnebago (WGO.US), and Camping World (CWH.US). Among them, Thor Industries has the highest market value and its stock price has risen by nearly 30% since late June this year.Australasia is the third largest RV market in the world after North America and Europe, and is one of the fastest-growing RV markets. New Gonow Recreational Vehicles, founded by the former "Geely Marshal " Miao Xuezhong, occupies a leading position in the market, with its performance, popularity and brand reputation continuing to improve. It is reported that after submitting its application for main board listing to the Hong Kong Stock Exchange in the first half of the year, the Company received a notice of record-filing from the China Securities Regulatory Commission on 9 September, and its IPO plan is proceeding smoothly.The global RV market is thriving, with a diverse landscapeRVs, with the dual functions of "home" and "vehicle", are movable homes that combine "clothing, food, housing, and transportation" in one, which can fully satisfy people's demand for personalized and free travel. Its history can be traced back to the popularity of camping in the United States in the 1920s, and since then, RVs have rapidly become popular all over the world. With its high degree of freedom and flexibility, RV travel has become the choice of more and more travelers.Overall, the global RV market is characterized by fierce competition and a large number of players, with the North American and European RV markets being relatively mature, while the Chinese RV market is still in its early stages. Among the well-known RV companies, Thor Industries, Forest River, Winnebago, and others in the United States have gained widespread recognition from consumers for their excellent design and high-quality manufacturing processes, and have dominant positions in the market.Several well-known brands are distinctive, with Thor Industries known for its innovative product design and global market presence, Winnebago Industries for its high-end RVs and innovative technology, especially in its exploration of the electric RV segment, and Forest River for its reliability and diverse product line. Through continuous technological innovation and market expansion strategies, these brands have steadily maintained their positions at the forefront of the industry. Some well-known local manufacturers in the European RV market include Hymer in Germany, Dethleffs in the Netherlands, and Auto-Trail in the UK. In the Australasian market, well-known RV brands include Jayco, Snowy River, and Regent.In terms of category, RVs can be mainly categorized into two types: towable RVs and motorized RVs. Towable RVs can be further categorized into standard caravans, pop-tops, and camper trailers. According to Frost & Sullivan (the same below), in 2023, the standard caravan was the major segment in the Australasian market, capturing a substantial 72.1% share, up from 67.1% in 2019. New Gonow Recreational Vehicles, which owns well-known brands such as Snowy River and Regent, is the top RV company in the Australasian market and ranked second in terms of sales in the Australasian market in 2023.By accurately positioning itself, New Gonow Recreational Vehicles is able to break through and stand out in the marketDriven by a booming tourism industry and a high number of international visitors, road trips through RVs have become a mature travel method in Australasia. Measured by RV household penetration, Australasia had a remarkable ownership rate of 78.8 RVs per thousand households in 2023, significantly surpassing Europe’s rate of 21.7 and ranking second globally. Tourists traveling in RVs also inject vitality into the economy. It is expected that the total RV in use in Australasia will reach 1,175.0 thousand units in 2028, representing a CAGR of 5.7% from 2024, outpacing the growth in North America and Europe.The Australasia RV market exhibits a relatively concentrated structure, with the top five participants holding approximately 55.4% of the market share in 2023. New Gonow Recreational Vehicles, which primarily manufactures and sells standard caravans, has a significant competitive advantage. As a high-end product in the towable RV market, standard caravans have a higher barrier to entry in terms of technology, and companies that excel in this field tend to have strong manufacturing capabilities, allowing them to innovate and produce high-quality, durable RVs equipped with advanced features and technology, and have a greater chance of competing for market pricing power and increasing brand premiums. New Gonow Recreational Vehicles is undoubtedly a top participant in this market.According to A1 prospectus, the development journey of New Gonow Recreational Vehicles began in 2014. The Company's founder and CEO, Miao Xuezhong, previously served as a senior executive at Geely Automobile, with over 25 years of experience in the automotive industry and extensive management experience. In September 2014, he led the Company to acquire Regent, an Australian RV brand with a history of more than 30 years, thus enabling New Gonow Recreational Vehicles to gradually expand its presence in the RV market and continue to broaden its product portfolio and stand out from the competition.Products are the foundation of survival for RV companies, and New Gonow Recreational Vehicles offers a full spectrum of functionalities and an expansive range of auxiliary services through the design, development, manufacturing, and sales of various bespoke towable RVs. As of 31 December 2023, the Company has successfully mass-produced 39 RV models, which are all standard caravans, spanning seven distinct series under three characteristic brands: the mid-range best-selling brand Snowy River, luxury brand Regent, and semi-off-road brand NEWGEN. With a comprehensive product lineup, New Gonow Recreational Vehicles can meet the full range of demands from entry-level to high-end luxury models.Despite the overall growth of the RV market, competition has become increasingly fierce with more and more brands entering the Australasian market. American brand Jayco has the highest market share, reaching 31.5% in 2023 and holding a leading position. The world's largest RV manufacturers such as Thor Industries and Forest River are also continuously competing for market share. To stay ahead of the competition and achieve further development, it is essential for New Gonow Recreational Vehicles to continuously introduce new products, technologies, and services to improve its competitiveness and market share.Overall, New Gonow Recreational Vehicles' competitive advantages lie in its highly customizable and continuously upgraded range of RV products, strong product development capabilities, excellent manufacturing capabilities, diverse distribution channels, and high brand awareness. After about a decade of development, the Company has launched nine new models under Regent and four new models under Snowy River, as well as upgraded 13 models under Snowy River. At the same time, the Company is gradually improving its dealership network consisting of third-party dealer stores, self-owned stores, official online websites and JV stores.Through its continuous efforts in the value chain of the RV industry, New Gonow Recreational Vehicles has been expanding its customer base in the Australasian market. In 2021, 2022 and 2023, the Company delivered a total of 1,330, 2,127, and 2,694 RVs to customers respectively, with a year-on-year increase of 59.9% and 26.7% in 2022 and 2023 respectively. In early October, at the Melbourne Leisurefest, the largest exhibition in the second half of 2024 in Melbourne, the Company launched its latest Snowy River model, PopTop and concept RV, Vancave, and received a large number of orders.It is also worth mentioning that the Company has also followed the trend of electrification and digitalization development and actively built a sustainable and environmentally friendly path for RV electrification, becoming one of the first RV enterprises to commercialize electric RV solutions and taking the lead in the intelligent transformation of the industry. Currently, the Company is developing a trailblazing model of towable ERV equipped with intelligent technology and autonomous driving system, which is expected to be delivered in Australia by the first quarter of 2025.In terms of financial performance, New Gonow Recreational Vehicles achieved revenues of approximately RMB300 million, RMB499 million and RMB720 million in 2021, 2022, and 2023, respectively, representing a CAGR of 55.0%, with revenues in 2023 being 2.4 times higher than those in 2021. During the same period, the CAGRs of gross profit, net profit and net cash generated from operating activities were approximately 90.1%, 77.2%, and 148.4%, respectively. The impressive profit performance and rapid improvement in liquidity not only demonstrate the Company's successful business model, but also highlight its high-growth performance.New Gonow Recreational Vehicles has already secured a place in the emerging Australasian RV market, which is still relatively small, but its potential is being fully demonstrated. With the huge market opportunity and its attempt to become the "first stock of Chinese RVs", the Company is expected to become a new star in the capital market, attracting more attention from investors. Copyright 2024 ACN Newswire via SeaPRwire.com.
HONG KONG, Nov 1, 2024 - (ACN Newswire via SeaPRwire.com) - JBM (Healthcare) Limited (“JBM Healthcare” or the “Company”; Stock Code: 2161, together with its subsidiaries, the “Group”), a leading branded healthcare products marketer and distributor in Hong Kong, has today announced a positive profit alert. Based on a preliminary review of the unaudited consolidated management accounts of the Group for the six months ended 30 September 2024 and the information currently available to the board of directors of the Company, the Group expects to record an increase in the consolidated profit attributable to shareholders for the six months ended 30 September 2024 (“Consolidated Profit”) by not less than 50% as compared to that for the same period last year.The significant increase in Consolidated Profit was primarily driven by the robust sales momentum of the Group’s key brands, notably Ho Chai Kung in the branded medicines segment and Po Chai Pills in the proprietary Chinese medicines segment. This was further supported by the sustained growth of the Group’s concentrated Chinese medicine granules business . This encouraging performance reflects the Group’s effective execution of sales and marketing strategies across both offline and online channels, capitalising on the growth potential of branded consumer healthcare products in the markets of Hong Kong, Macau and cities within the Greater Bay Area.JBM Healthcare has a diversified portfolio spanning branded medicines, proprietary Chinese medicines, and health and wellness products. The Group continues to make progress on its strategic priorities, including expanding e-commerce platforms locally and cross-border, exploring opportunities in traditional Chinese medicines for Hong Kong and the Greater Bay Area, adapting its product mix to consumer trends, leveraging its brand management strengths, and enhancing commercial execution.For details, please refer to the announcement on HKEX.About JBM (Healthcare) Limited (Stock Code: 2161)JBM Healthcare is a Hong Kong-based company that markets and distributes branded healthcare products across Greater China, Southeast Asia, and other select countries. The Group is a distinctive player in the sector with marketing expertise and heritage in pharmaceuticals that prioritises product efficacy and quality to meet consumers' healthcare needs. As a renowned healthcare brand operator in Hong Kong, the Group carries a wide-ranging portfolio of branded healthcare products comprising branded medicines, proprietary Chinese medicines, and health and wellness products, which include well-recognised household brands such as Po Chai Pills, Ho Chai Kung Tji Thung San, Contractubex, Mederma for Kids, Tong Tai Chung Woodlok Oil, Flying Eagle Woodlok Oil, Saplingtan, Shiling Oil and Konsodona Medicated Oil. JBM Healthcare has been a constituent stock of the MSCI Hong Kong Micro Cap Index since 27 May 2021. For more details about JBM Healthcare, please visit: www.jbmhealthcare.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.
HONG KONG, Nov 4, 2024 - (ACN Newswire via SeaPRwire.com) - The Guangdong Branch and Shenzhen Branch of the People's Bank of China, the Guangdong Supervision Bureau and the Shenzhen Supervision Bureau of the China Securities Regulatory Commission jointly announced that Guotai Junan Securities has become the first batch of securities companies to participate in the " Cross-boundary Wealth Management Connect" on a pilot basis. At the same time, the Securities & Futures Commission of Hong Kong also announced the list of the first batch of securities companies for the Guangdong-Hong Kong-Macao Greater Bay Area "Cross-boundary Wealth Pilot Scheme" (Cross-boundary Wealth Management Pilot Scheme). Guotai Junan International Holdings Limited (“Guotai Junan International”, “GTJAI”, the “Company” or the “Group”, stock code: 1788.HK) was successfully selected into the first batch of "Cross-border Wealth Management Pilot Scheme" and became the first batch to provide cross-border wealth management services to investors in the Guangdong-Hong Kong-Macao Greater Bay Area as an overseas securities company. In the future, Guotai Junan International will work with its parent company Guotai Junan Securities to provide domestic and foreign investors with full-cycle cross-border financial services such as cross-border wealth management account opening, fund transfer, and product investment.As a bridge between Guotai Junan Securities and high-quality Chinese and global enterprises and capital markets, Guotai Junan International has been based in Hong Kong for nearly 30 years and has been deeply involved in Guangdong, Hong Kong and Macao. It is a pioneer Chinese securities company in wealth management services in Hong Kong. As a leading large-scale comprehensive financial service provider in the industry, Guotai Junan International provides customers with diversified investment products and services, including stock brokerage and consulting, bond and fixed income products, funds and structured products, etc., to meet customers' global asset allocation needs." Cross-boundary Wealth Management Pilot Scheme" is one of the important plans of the capital market interconnection mechanism between the Mainland and Hong Kong and Macau. Qualified investors in the Greater Bay Area will receive more abundant and convenient cross-border investment services. In the future, Guotai Junan International will work closely with its parent company Guotai Junan Securities to further leverage its advantages in wealth management and cross-border finance, commit to promoting the interconnection of financial markets in Guangdong, Hong Kong and Macao, seize new opportunities in the historical development of the Guangdong-Hong Kong-Macao Greater Bay Area, and provide customers with more professional and comprehensive wealth management services. Copyright 2024 ACN Newswire via SeaPRwire.com.
- The twin lighting fairs and the Eco Expo Asia concluded with success, attracting some 60,000 buyers from 150 countries and regions.- 61% of lighting industry respondents expect overall sales to grow in the next 12-24 months, while 61% of respondents foresee AI as a key growth driver in lighting industry.- An exhibitor expected actual orders received after the Autumn Lighting Fair to amount to around US$40-50 million.- Eco Expo Asia successfully attracted buyers from various industries to procure eco products and green technologies, empowering enterprises on their sustainable development.- A Hong Kong company trading electric and hybrid electric vehicles estimate its sales this year to increase by 15-20%, in view of the more optimistic sentiment.HONG KONG, Nov 3, 2024, 2024 - (ACN Newswire via SeaPRwire.com) - The 26th Hong Kong International Lighting Fair (Autumn Edition), the 9th Hong Kong International Outdoor and Tech Light Expo, and the 19th Eco Expo Asia, jointly organised by HKTDC, Messe Frankfurt (HK) Ltd and co-organised by the Environment and Ecology Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR), have come to a successful conclusion. The three exhibitions attracted some 60,000 buyers from 150 countries and regions, signifying Hong Kong’s status as an international conference and exhibition centre. Sophia Chong, Deputy Executive Director of the HKTDC, said: “The recent Policy Address proposed several measures to enhance Hong Kong's status as an international trade centre. The fairs created cross-industry sourcing opportunities and attracted some 60,000 buyers in total. The number of buyers from Brazil, Canada, Indonesia, Italy and the Netherlands increased from last year. Eco Expo Asia also drew many new buyer groups, including from Indonesia, Malaysia, and the United Arab Emirates (UAE), showing that ASEAN and Middle Eastern buyers view Hong Kong as an important trading and sourcing platform. These fairs further solidified Hong Kong's role as a trade centre which also promotes green and low-carbon development.”Survey shows optimism on sales in the lighting industryAn independent survey of over 710 exhibitors and buyers at the Autumn Lighting Fair and Outdoor and Tech Light Expo revealed that respondents hold an optimistic outlook, with 61% respondents expecting overall sales to grow in the next 12-24 months, and 34% expecting sales to remain unchanged.For traditional markets, respondents were mainly optimistic about Australia and the Pacific Islands (74%), Korea (72%), and Taiwan (57%). Among emerging markets, the industry was primarily positive on Middle East (88%), Latin America (80%) and Russia (64%).In terms of trends in lighting products, 61% respondents foresee that artificial intelligence (AI) is the driving factor of industry growth. Most respondents (43%) believed energy-efficient lighting control solutions to have great potential in the smart lighting industry in next two years, followed by home automation and smart lighting control systems (36%), wireless lighting control systems (27%) and outdoor smart security lighting systems (26%).Hall of Connected Lighting with international brands launching new productsUnder the theme “Light & Life”, the twin lighting fairs showcased innovative products and solutions that integrate lighting with life. The Autumn Lighting Fair revealed industry trends, such as sustainable development, healthy living, and innovative design. The Hall of Connected Lighting at the Autumn Lighting Fair featured over 50 internationally renowned brands from eight countries and regions.Amongst them, Shanghai Pudong Intelligent Lighting Association and the DALI Alliance collectively showcased numerous key brands to present their intelligent lighting ecosystem. Signify from the Netherlands, Tridonic from Austria and TUYA Smart from Mainland China, among others, also launched new products at the Fair. The hall was not only popular among buyers but also elevated the fair to a higher level.Tridonic GmbH CEO Hugo Rohner stated, "This year, we have met more new buyers from Europe and the Middle East. The Fair also provides a perfect platform for us to announce the launch of lichtMONITOR in Asia, which has attracted the attention of international buyers."The business atmosphere at both lighting fairs was enthusiastic and lively. At the Autumn Lighting Fair, the Mainland China exhibitor Jason Yan, Sales Manager of Hangzhou Sky-Lighting Co., Ltd. stated that the number of buyers visiting their booth increased by 20-30%. During the first day of the Fair, more than 10 buyers from Europe and North America expressed their intention to place orders. He expected that actual orders received after the Autumn Lighting Fair will amount to around US$40-50 million.This year, the Outdoor and Tech Light Expo introduced a Smart Pole and Solution zone. Liu Jie, Manager of Jiangsu Fute Lighting Group Co., Ltd. from Jiangsu Gaoyou Lighting Association, said: “Many buyers from Saudi Arabia, UAE, India, Vietnam and Argentina have expressed serious interest in sourcing our smart streetlights and signal lights. Potential orders under negotiation are up to US$10 million.”A buyer from Canada, David Daniels, President of Etlin-Daniels Electrical Devices Inc. has been visiting the Spring Lighting Fair and Autumn Lighting Fair every year: “I have found two potential suppliers through the Click2Match platform, and I plan to buy US$450,000 worth of area lights and down lights from them. I am also interested in new models of LED panel lights and LED tri-proof lights presented by my existing supplier at the Fair, and I’ll buy US$800,000 worth of lighting products from this supplier.”Eco Expo Asia fully promotes energy conservation and waste reductionUnder the theme of “Fostering Green Innovations for Carbon Neutrality”, Eco Expo Asia focused on three areas that echo the recent Policy Address, namely new energy, waste management and circular economy, and ESG-related services.The demand for environmentally friendly products or technologies is increasingly growing across various industries. As a leading expo in the green industry, Eco Expo Asia is supported by governments, industry associations and enterprises from around the world. In addition to local buyers, this year’s expo also invited suppliers who provide services to mainland and ASEAN governments to procure green technologies and products. Other industries attending the Fair to source green products and services included infrastructure, real estate, property management, logistics, hotels, department stores and finance.Hong Kong exhibitor Alex Huen, General Manager of GMI Motors Ltd said: “Last year at Eco Expo Asia, we received over 20 enquiries from Europe, Southeast Asia and Mainland China, resulting in five vehicle sales amounting to HK$8 million. This year, we estimate an increase of 15-20%, in view of the more optimistic sentiment. The Click2Match platform has been invaluable for us. We have successfully arranged five meetings with overseas buyers on the first day.”Keith Ang, Managing Director of Transco-PAC Transport & Environmental Pte Ltd said: “We aim to secure deals with a total budget of S$500,000 (HK$ 3 million). We are particularly interested in solutions provided by Hong Kong companies, including waste management for a government initiative in Singapore, as well as textile recycling solution.” Another buyer Ruuth Sonnia Agustina M, Digital Technology Manager of PT Moda Integrasi Transportasi Jabodetabek in Indonesia, was interested to procure 50 EV chargers worth up to HK$100,000 from a Hong Kong company for the charging stations that they are planning to build at three train stations in the country.Igniting cross-industry business opportunities through three fairsOrganised by the HKTDC, the Hong Kong International Lighting Fair (Autumn Edition) and the Hong Kong International Outdoor and Tech Light Expo formed a world-renowned lighting marketplace, attracting some 3,000 exhibitors collectively and more than 40,000 buyers and more than 10,000 buyers, respectively. Eco Expo Asia, co-organised by the HKTDC and Messe Frankfurt (HK) Ltd., drew over 300 exhibitors and over 8,500 buyers.Under the EXHIBITION+ hybrid mode, exhibitors and buyers can engage in online business negotiations and matching through the Click2Match smart business matching platform until 8 November for the two lighting fairs and until 9 November for Eco Expo Asia.Fair WebsitesHong Kong International Lighting Fair (Autumn Edition): hklightingfairae.hktdc.comHong Kong International Outdoor and Tech Light Expo: hkotlexpo.hktdc.comEco Expo Asia: www.ecoexpoasia.comExhibitor and Buyer QuotesHong Kong International Lighting Fair (Autumn Edition): https://www.hktdc.com/event/hklightingfairae/en/success-storiesHong Kong International Outdoor and Tech Light Expo: https://www.hktdc.com/event/hkotlexpo/en/success-storiesEco Expo Asia:https://www.hktdc.com/event/ecoexpoasia/en/success-storiesPhoto download: https://bit.ly/3ArukPoThe 26th Hong Kong International Lighting Fair (Autumn Edition), the 9th Hong Kong International Outdoor and Tech Light Expo and the 19th Eco Expo Asia, organised by the Hong Kong Trade Development Council (HKTDC), have come to a successful conclusion. The three exhibitions attracted some 60,000 buyers from 150 countries and regionsThe upgraded Hall of Connected Lighting at the Autumn Lighting Fair showcased new products from over 50 renowned companies and brands. Among them, Tridonic debuted its new product - lichtMONITOR - at the FairRenowned lighting designer Tino Kwan and his team collaborated with OFT Interiors Founder CM Jao to curate the GLOW & GROW - How Lighting Enriches a Space installation to showcase the latest industry trends and aesthetics, which open up new horizons for buyers. The lighting fixtures and systems used in the demonstration space were jointly sponsored by the world-renowned architectural and commercial lighting brand ERCO and dynamic lighting experts TRAXON | e:cueThe Autumn Lighting Fair’s Hall of Aurora brought together innovative lighting fixtures and technologies from some 540 renowned brands. Among them, MEGAMAN® used the occasion to celebrate its 30th anniversaryThis year’s Outdoor and Tech Lighting Expo added a new Smart Pole and Solution zone to showcases innovative solutions to optimise energy efficiencyVarious seminars and forums were held during the two lighting fairsThe Hong Kong Tourism Board arranged evening cruises on Victoria Harbour for an extended travelling experience of buyersThis year’s Eco Expo Asia attracted over 300 exhibitors and over 8,500 buyersThe Eco Asia Conference once again invited officials and experts from around the world to analyse trends and new areas for explorationTse Chin-wan, Secretary for Environment and Ecology of the HKSAR Government, attended the Eco Expo Asia and had a dialogue with the youth. The students were enthusiasticThe last day of the Eco Expo Asia was open to the public. Visitors enjoyed free rides in a hydrogen bus organised by the Environmental Protection DepartmentWebsiteInternational Lighting Fair (Autumn Edition): hklightingfairae.hktdc.comHong Kong International Outdoor and Tech Light Expo: hkotlexpo.hktdc.comEco Expo Asia: www.ecoexpoasia.comMedia enquiriesPlease contact the HKTDC’s Communications and Public Affairs Department:Stanley SoTel: (852) 2584 4049Email: stanley.hp.so@hktdc.orgClayton LauwTel: (852) 2584 4472 Email: clayton.y.lauw@hktdc.orgThe HKTDC’s Media Room: http://mediaroom.hktdc.com/enAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences, and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Background information on Messe FrankfurtThe Messe Frankfurt Group is the world’s largest trade fair, congress and event organiser with its own exhibition grounds. With a workforce of some 2,300 people at its headquarters in Frankfurt am Main and in 28 subsidiaries, it organises events around the world. Group sales in financial year 2023 were around € 609 million. We serve our customers’ business interests efficiently within the framework of our Fairs & Events, Locations and Services business fields. One of Messe Frankfurt’s key strengths is its powerful and closely knit global sales network, which covers around 180 countries in all regions of the world. Our comprehensive range of services – both onsite and online – ensures that customers worldwide enjoy consistently high quality and flexibility when planning, organising and running their events. We are using our digital expertise to develop new business models. The wide range of services includes renting exhibition grounds, trade fair construction and marketing, personnel and food services.Sustainability is a central pillar of our corporate strategy. Here, we strike a healthy balance between ecological and economic interests, social responsibility and diversity.For more information, please visit our website at: www.messefrankfurt.com/sustainabilityWith its headquarters in Frankfurt am Main, the company is owned by the City of Frankfurt (60 percent) and the State of Hesse (40 percent).For more information, please visit our website at: www.messefrankfurt.co Copyright 2024 ACN Newswire via SeaPRwire.com.
KUALA LUMPUR, Oct 29, 2024 - (ACN Newswire via SeaPRwire.com) - Mogul Works Asia ("MWA"), a leading integrated marketing and talent solutions company in Southeast Asia, is proud to announce the renewal of its learning and development contracts with some of Malaysia's most renowned institutions. This marks a continuation of Mogul Works Asia's efforts to support local upskilling programs as part of the nation's strategy to cultivate a highly skilled and adaptable workforce.The renewed partnerships emphasize Mogul Works Asia's commitment to delivering high-quality learning and development solutions that cater to the needs of Malaysia's evolving economic landscape. Among the organizations that have extended their collaboration with Mogul Works are Khazanah Nasional, Touch 'n Go, CGC, Sime Darby, Sunway Group, Kenanga Investment Bank, and the Employees Provident Fund of Malaysia (KWSP), all of which are integral to Malaysia's growth plans.The founders of Mogul Works Asia, Mr. Lee John Salmon and Tunku Eddy Nasruan Adil, commented: "We are honored to continue our partnerships with these distinguished institutions. Our mission is to help build great people and companies here in Malaysia. We recognize the demand for Malaysian talent globally and aim to provide world-class training and opportunities to encourage that talent to develop within Malaysia."Over the years, Mogul Works Asia has focused on enabling these institutions and their diverse workforces to contribute meaningfully to both national development and regional and global competitiveness. This ongoing commitment positions the company as a key player in the talent development and marketing sectors, contributing to Malaysia's broader goal of establishing itself as a business hub in Southeast Asia.The renewal of these contracts not only strengthens Mogul Works Asia's foothold in the industry but also reflects the growing demand for trusted partners in learning and development, marketing, and employer branding. While specific contract details cannot be disclosed, standard project sizes for Mogul Works Asia range from USD 30,000 to over USD 1 million.Mogul Works Asia continues to support organizations in achieving their growth ambitions by combining specialized talent development, recruitment tools, and marketing expertise. With a focus on democratizing quality education, the company strives to build market leaders and enable more companies to grow their businesses in Malaysia. This is in line with Malaysia's goal of attracting, retaining, and cultivating talent within a rapidly evolving economy.Social LinksFacebook: https://www.facebook.com/mogulworksasia/Instagram: https://www.instagram.com/mogulworksasia/LinkedIn: https://www.linkedin.com/company/mogul-works-asia/tiktok: https://www.tiktok.com/@mogulworksasiaMedia ContactMogul Works AsiaAmalia MohdWebsite: https://www.mogulworks.asia Copyright 2024 ACN Newswire via SeaPRwire.com.
Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - October 31, 2024) - Standard Uranium Ltd. (TSXV: STND) (OTCQB: STTDF) (FSE: 9SU0) ("Standard Uranium" or the "Company")is pleased to provide a summary of work programs on three of it's 100% owned uranium exploration projects currently under option and plans for targeted exploration strategies to continue advancing its uranium portfolio in the Athabasca Basin region, northern Saskatchewan towards discovery.The Company holds more than 233,000 acres of prime exploration real estate across the prolific Athabasca Basin region, which hosts the highest-grade uranium deposits on the planet. The Company boasts an attractive portfolio of uranium exploration projects currently available for option ranging from early-stage to drill-ready projects throughout the Athabasca region, providing turn-key opportunities with permits in hand, First Nations agreements signed, vendors secured, and highly prospective uranium targets. Standard Uranium has continued to deliver on its project generator model in 2024 through expansion of landholdings and advancement of early-stage projects through geophysical surveys to be executed this fall, providing excellent turn-key opportunities for potential joint venture partners. The Company is actively seeking new joint venture partners on these exciting uranium projects.Additionally, the Company successfully completed three joint venture earn-in partnerships on the Sun Dog, Canary, and Atlantic projects this year, totalling over $23.8M in work commitments over the next three years. The Company advanced all three projects by successfully operating and completing exploration drill programs on time and under budget. Standard Uranium brings a skilled team of in-house geoscientists and invaluable relationships with First Nations partners and vendors to the table in designing and executing option agreements.2024 Exploration Summary and ObjectivesProject Generator: Completed four definitive option agreements on four projects, securing exploration expenditures and non-dilutive cash-flow into the Company - Sun Dog, Atlantic, Canary, and Brown Lake projects.Aggressive Exploration: Successfully planned and operated three drill programs on Sun Dog, Atlantic, and Canary returning promising results of uranium mineralization and prospective geology, all of which were partner-funded and successfully operated by the Company.Additional Project Advancement: Initial exploration and geophysical programs on the early-stage Rocas and Corvo projects is planned for the fall, creating more opportunities for additional option partnerships.Expanded Landholdings: The Company added nearly 45,000 acres of prospective land to its portfolio in 2024 through low-cost staking, expanding the Ascent and Corvo projects significantly, and adding four new projects to its exploration pipeline in the Athabasca Basin region."We are pleased to share that we are continuing to advance additional uranium exploration projects through targeted geophysical survey work and new staking, which provide more opportunities for new joint venture partners looking to enter the Athabasca Basin. This part of our business represents an outstanding opportunity for companies that want to explore in the world's best uranium jurisdiction with our team at Standard Uranium," said Jon Bey, CEO & Chair of Standard Uranium. "We have built strong relationships with government and our First Nations partners allowing for expediting permitting, along with the key vendors to ensure exploration projects are completed on time and on budget." Figure 1. Overview of the eastern Athabasca Basin region highlighting Standard Uranium's projects under option and available for JV.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10633/228449_c6974358c4f45b18_002full.jpgEastern Athabasca Basin Exploration Highlights & OpportunitiesAtlantic Project - ATCO Mining Option (CSE: ATCM)Uranium Mineralization Confirmed: Analytical results from the winter 2024 drill program at the Project confirmed highly anomalous uranium in drill holes ATL-24-002, ATL-24-004A, and ATL-24-005A, coinciding with prospective structural zones and favorable alteration including dravite-rich clays.Sandstone & Basement-Hosted Uranium: Multiple zones of elevated uranium linked to the sub-Athabasca unconformity and basement structural zones were intersected, indicating a uranium-fertile system.Uranium Pathfinders: Several key uranium pathfinder elements are present in anomalous quantities in multiple drill holes, providing vectoring information for future programs. Intersections of dravitic-clay associated with structural zones has been confirmed in drill holes ATL-24-002, ATL-24-004A, and ATL-24-005A.Verified Targets: Massive structural disruption confirmed in the sandstone column and multiple wide (>10 metres) brittle-reactivated graphitic shear zones confirm the main interpreted electromagnetic ("EM") corridor on the western claim block which was not reached by previous operators. The inaugural program results have confirmed the Company's exploration thesis on the Project, highlighting a uranium-fertile system with several kilometres of still untested strike length across the Project.Follow Up Targets & Next Steps: Atlantic holds significant upside for discovery along the untested portions of the E-W conductor system. Supplementary geophysical surveys over the central claim blocks are currently being planned and will provide further target areas for phase II and III drilling, along with the additional untested gravity low anomalies on the western block identified in 2022.Canary Project - Mamba Exploration Option (ASX: M24)Uranium Mineralization Confirmed: Analytical results from the spring 2024 drill program at the Project confirmed moderately anomalous uranium in drill holes CAN-24-001 and CAN-24-003 with Uranium:Thorium ("U:Th") ratios ≥3:1, indicating hydrothermal uranium input.Basement-Hosted Uranium: Multiple zones of elevated uranium linked to structural zones and/or proximal to lithological contacts, indicating a uranium-fertile system.Elevated Uranium Pathfinders: Several key uranium pathfinder elements are present in anomalous quantities in multiple drill holes within the crystalline basement, providing vectoring information for future programs; anomalous Boron is particularly common. Spectroscopy confirms presence of fracture-hosted dravitic-clay (13.4%) associated with semi-pelitic gneiss in drill hole CAN-24-001.Follow Up Targets & Next Steps: Canary holds significant upside for discovery along three different and significantly underexplored conductor systems. Supplementary geophysical surveys over all three corridors will provide further target areas for phase II and III drilling.Brown Lake - Mustang Energy Acquisition Agreement (CSE: MEC)Project Monetization: Acquired in 2023 via low-cost staking, Standard Uranium sold 90% of the 312-hectare Brown Lake project to Mustang Energy for 60,000 common shares in Mustang and retains a 10% free carried interest in the project, providing future discovery upside potential.Shallow drill targets: <200m to the unconformity along several kilometres of untested conductors coincident with magnetic low trends and key structural geology attributes.Untested Potential southwest along strike from the Shift Uranium Zone which hosts high-grade* uranium intersections up to 2.42% U3O8 over 0.75 m in drill hole 79-017.Ascent Project - Available for OptionSize & Location: The recently expanded Ascent project consists of four mineral dispositions totalling 7,464 hectares and straddles the eastern boundary of the Athabasca Basin. As the property lies on the edge of the Basin, depth to the sub-Athabasca unconformity is known to be approximately 50 metres from surface at maximum, while the eastern portion of the project contains no Athabasca sandstone cover, providing shallow drill target areas.Geophysical/Geological Signatures: In 2022, the Company completed a helicopter-borne Xcite time domain electromagnetic ("TDEM"), magnetic, and radiometric survey. The airborne EM survey detected several conductive anomalies and radiometric variances on the project, which correlate with previous electromagnetic surveys and lake sediment geochemical anomalies, effectively enhancing the resolution of the conductive trends on the project. Additionally, the magnetic survey contributes to definition of potential fault systems and structural trends not previously identified.Historical Work: Regional prospecting by historical operators also identified uranium enrichment in basement rocks located east of the Athabasca Basin edge, which support the exploration model for shallow sandstone and basement hosted uranium on the property. The expansion of the project covers a suite of additional historical uranium anomalies, in addition to several more km of the Athabasca Basin edge and prospective regional structural trends.Prospectivity Model: Analogous to that of the J-Zone and Roughrider deposits that are located proximal to a similar airborne EM target that has dimensions of roughly 2-km long by 1-km wide. The Ascent EM target is interpreted by the Company to represent a shallow-dipping conductive system and will be the focus of future exploration programs, drawing on the analogy of the J-Zone and Roughrider uranium deposits.Corvo Project - Available for OptionSize & Location: The recently expanded project consists of 13 mineral dispositions totalling 12,265 hectares. The Corvo Project is situated 1.5 kilometres outside the current margin of the Athabasca Basin, approximately 50 kilometres southwest of Rabbit Lake mill facilities and 45 kilometres northeast of the Gemini Mineralized Zone.Geophysical/Geological Signatures: The Corvo Project expansion effectively doubles the exploration corridor strike length from approximately 14.5 kilometres to 29.3 km along three northeast trending magnetic low/EM conductor corridors. Data compilation by the Company is currently underway to refine target areas for high-grade uranium mineralization within metasedimentary and orthogneissic basement rocks.Historical Work: Located just outside the current margin of the Athabasca Basin, Corvo boasts shallow drill targets with bedrock under minimal cover of glacial till. Several outcrop showings of mineralized veins and fractures are present on the Project, notably the Manhattan Showing that returned historical sample results up to 59,800 ppm U at surface and has never been drill tested.Prospectivity Model: The Company believes the Corvo Project is highly prospective for the discovery of shallow, high-grade basement-hosted uranium mineralization akin to that recently discovered at the Gemini Mineralized Zone.Planned 2024 Exploration: The Company plans to complete a project-wide airborne EM survey on the project to increase confidence and resolution of conductive corridors and potential fault offsets across the Project. Acquiring modern high-resolution EM data across all three conductive corridors on the Project will provide a strong base for developing and prioritizing drill targets, establishing a turn-key joint venture opportunity. In addition, the Company is developing a ground truth sampling program which will upgrade target areas for an inaugural drill program and add value to the earn-in opportunity Corvo provides.Rocas Project - Available for OptionSize & Location: The Rocas project totals 3,152 hectares across three mineral claims in the southeastern Athabasca Basin region, approximately 75 kilometres southwest of the Key Lake Mine and Mill facilities along Highway 914, and 72 kilometres south of the present-day margin of the Athabasca Basin.Geophysical/Geological Signatures: The project covers 5.5 kilometres of a northeast trending magnetic low/EM conductor corridor which hosts several uranium anomalies, including historical mineralized outcrop grab samples along approximately 900 metres of strike length, grading up to 0.50 wt. % U3O8.Prospectivity Model: Notably, none of the historical uranium occurrences have been drill-tested to date. Data compilation by the Company has identified multiple target areas for high-grade uranium mineralization within metasedimentary and orthogneissic basement rocks.Planned 2024 Exploration: The Company has planned ground-based gravity and resistivity surveys across the project to identify potential zones of hydrothermal alteration associated with uranium bearing fluid movement through major structural corridors. The Project will also benefit from additional surface sampling and geophysical surveys to aid in drill target vectoring.Cable Bay Southwest - Available for OptionSize & Location: Two mineral claims totalling 3,158 ha located approximately 18 km south of the present-day margin of the Athabasca Basin.Geophysical/Geological Signatures: The project covers 8.6 km of the northeast trending Cable Bay Shear Zone ("CBSZ"), a major structural discontinuity which is host to several uranium occurrences proximate to and along strike of the structural corridor on the property. The CBSZ is characterized by a regional magnetic high corridor flanked by magnetic gradients.Historical Work: EM surveys conducted in the late 1970's outlined an EM zone associated with a magnetic low, paralleling the northwestern flank of the CBSZ. The northern claim block covers an apparent left-lateral break in the magnetic high corridor, with the eastern splay of magnetic high tying into the hinge of an interpreted fold structure of metasedimentary rock units on the property.Prospectivity Model: The Company believe the project is prospective for basement-hosted mineralization akin to showings along strike to the northeast, and the project has never been drill-tested. The project will benefit from additional surface sampling and geophysical surveys to aid in future drill target generation.Ox Lake - Available for OptionSize & Location: The Ox Lake Project consists of one mineral claim totaling 397.5 ha, situated 3 km southeast of the Athabasca Basin margin, 45 kilometres southeast of McArther River Mine, and 19.5 km northeast of the Gemini Mineralized Zone ("GMZ") and the ACKIO uranium discovery.Geophysical/Geological Signatures: The project is highlighted by a regional northeast-trending magnetic low/EM corridor that is bisected by a north-south trending Tabbernor-style fault corridor, interpreted to be a regional structural influence on uranium mineralization in the area.Prospectivity Model: Results from a nearby drill hole, GKI002, completed by CanAlaska Uranium and Basin Energy on the neighbouring Geikie project in 2023 returned 0.27% U3O8 over 0.5m to the south along strike of the same interpreted Tabbernor fault that transects the Ox Lake property. Additionally, the Ox Lake Allanite Showing, discovered immediately southwest of the property, hosts up to 0.31% U3O8 in drill hole 4-OX-1. Historical geochemical surveys conducted on the project detected elevated uranium, radioactivity, and anomalous radon that are favorably situated proximal to the structural corridor on the property.New Eastside Projects - Available for OptionSize & Location: Two new project areas recently acquired via low-cost staking in the eastern Athabasca Basin:3,679 hectares ~25 km west-northwest of McArthur River uranium mine1,590 hectares ~35 km west of Cigar Lake uranium mineGeophysical/Geological Signatures: Both new project areas cover several kilometres of distinct magnetic low and/or EM conductors and regional fault trends, which are two key starting characteristics of uranium-fertile trends in the eastern Athabasca Basin.Prospectivity Model: High-grade unconformity uranium deposit targets akin to the McArthur River, Cigar Lake, and Hurricane uranium deposits.Figure 2. Overview of the western Athabasca Basin region highlighting Standard Uranium's flagship Davidson River project, projects under option, and available for JV.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10633/228449_c6974358c4f45b18_003full.jpgWestern Athabasca Basin Exploration Highlights & OpportunitiesSun Dog Project - Aero Energy Option (TSXV: AERO)Anomalous Radioactivity at Wishbone: A total of 1,593 metres were completed at Sun Dog across eight drill holes targeting shallow high-grade* basement-hosted uranium mineralization at the Wishbone target area (Figure 2). Intervals of anomalous radioactivity** >300 counts per second ("cps") were intersected in seven of eight drill holes - Geochemical assays still pending.Prospectivity Model Confirmed: Elevated radioactivity and increased hydrothermal alteration at Wishbone are largely associated with stacked graphitic structural zones, indicating favorable corridors for fluid movement and uranium deposition across the Project akin to other basement-hosted Athabasca deposits.Discovery of Radioactivity: Occurrences of strong to intense radioactivity in outcropping graphitic basement rocks were identified at surface while prospecting at the Wishbone target area:Approximately five kilometres of strike length along a regional scale anticline, defined by strong VTEM conductors with associated radioactivity along each fold limb.Graphitic pelites have been mapped along both fold limbs, hosting strong radioactivity up to 22,300 cps (RS-125 handheld scintillometer).Mineralized cross-cutting faults have been mapped in the overlying rocks which intersect the uranium-bearing graphitic pelite unit.Historical outcrop sampling at the northwestern graphitic pelite exposure returned assay results of 0.32% U3O8 and 0.30% Cu (SMDI #2095).Unrealized Potential: The targets tested during the summer 2024 program represent only a small fraction of the dozens on the ground and the Company is working with its option partners to prioritize follow ups for additional geophysics and drill programs to further test these promising areas.Davidson River Project - Flagship ProjectIn 2023, the Company expanded its flagship Davidson River project in the southwest corner of the Basin to cover more than 37,700 hectares. Standard Uranium plans to follow up on prospective drilling results from 2022 and test brand new high-priority targets akin to the neighboring JR Zone discovery within the new southeast claim blocks.The summer 2022 program revealed the best intersections of prospective alteration and structure to date along the Bronco and Thunderbird trends, including wide graphitic structural zones on Bronco and oxidized alteration on Thunderbird, in addition to elevated radioactivity and dravite alteration.Planned 2025 drilling will follow up on the most prospective basement structures and alteration zones intersected to date and begin testing new target areas within recently staked claim blocks.Data-driven machine learning techniques will contribute to drill targeting at Davidson River through anomaly detection and mapping of EM data, in addition to anomaly matching based on the footprints of known world-class uranium deposits in the area including the Arrow and Triple-R deposits. The machine learning techniques will also be applied to the Company's internal drilling and geochemical databases.Several kilometres of graphitic conductors remain to be tested at Davidson River, with Davidson River still containing massive blue-sky potential for high-grade discovery akin to the Arrow Deposit on the neighbouring Rook I project owned and operated by NexGen Energy Ltd.Harrison Project - Available for OptionSize & Location: Two mineral claims totalling 1,750 ha, located 22 km SSE of the Shea Creek uranium deposits and approximately 30 km SE of the past producing Cluff Lake uranium mine.Geophysical/Geological Signatures: Electromagnetic ("EM") surveys conducted in 2006-2007 outlined multiple EM zones across the project. Harrison covers approximately 6.8 km of a NW-SE conductor trends coincident with a prominent magnetic low. The trend is crosscut by several interpreted fault zones, including 4.9 km of the major Harrison fault.Prospectivity Model: The project has never been drilled and provides the Company with additional exploration exposure in the southwest Athabasca uranium district. The Company believes the newly acquired Harrison project is prospective for the discovery of high-grade* unconformity-related uranium mineralization.Stock Option and RSU GrantsThe Company also announces that, pursuant to its Omnibus Incentive Plan, it has granted stock options (the "Options") to certain directors, management, and consultants of the Company to purchase an aggregate of 367,500 common shares of the Company at the price of $0.10 per common share until October 31, 2029. Vesting of the stock options shall be as follows: 20% of the Options shall vest immediately, with a further 20% of the Options vesting every three months thereafter.In addition to the Options, the Company has also granted 1,325,000 restricted share units (the "RSUs") to certain directors and senior officers of the Company. The RSUs entitle the holder to receive one common share, the cash equivalent or a combination thereof, on the vesting date of October 31, 2025.*The Company considers uranium mineralization with concentrations greater than 1.0 wt% U3O8 to be "high-grade".** The Company considers radioactivity readings greater than 300 counts per second (cps) to be "anomalous".***Natural gamma radiation in outcrop reported in this news release was measured in counts per second (cps) using a handheld RS-125 super-spectrometer and a downhole Reflex EZ-Gamma probe. Readers are cautioned that scintillometer and gamma probe readings are not uniformly or directly related to uranium grades of the rock sample measured and should be treated only as a preliminary indication of the presence of radioactive minerals.The scientific and technical information contained in this news release has been reviewed, verified, and approved by Sean Hillacre, P.Geo., President and VP Exploration of the Company and a "qualified person" as defined in NI 43-101.Historical data disclosed in this news release relating to sampling results from previous operators are historical in nature. Neither the Company nor a qualified person has yet verified this data and therefore investors should not place undue reliance on such data. The Company's future exploration work may include verification of the data. The Company considers historical results to be relevant as an exploration guide and to assess the mineralization as well as economic potential of exploration projects.About Standard Uranium (TSXV: STND)We find the fuel to power a clean energy futureStandard Uranium is a uranium exploration company and emerging project generator poised for discovery in the world's richest uranium district. The Company holds interest in over 233,455 acres (94,476 hectares) in the world-class Athabasca Basin in Saskatchewan, Canada. Since its establishment, Standard Uranium has focused on the identification, acquisition, and exploration of Athabasca-style uranium targets with a view to discovery and future development.Standard Uranium has successfully completed three joint venture earn in partnerships on their Sun Dog, Canary, and Atlantic projects totaling over $23.8M in work commitments over the next three years from 2024-2027.Standard Uranium's Sun Dog project, in the northwest part of the Athabasca Basin, Saskatchewan, is comprised of nine mineral claims over 19,603 hectares. The Sun Dog project is highly prospective for basement and unconformity hosted uranium deposits yet remains largely untested by sufficient drilling despite its location proximal to uranium discoveries in the area.Standard Uranium's Davidson River Project, in the southwest part of the Athabasca Basin, Saskatchewan, comprises ten mineral claims over 30,737 hectares. Davidson River is highly prospective for basement-hosted uranium deposits due to its location along trend from recent high-grade uranium discoveries. However, owing to the large project size with multiple targets, it remains broadly under-tested by drilling. Recent intersections of wide, structurally deformed and strongly altered shear zones provide significant confidence in the exploration model and future success is expected.Standard Uranium's eastern Athabasca projects comprise over 42,384 hectares of prospective land holdings. The eastern basin projects are highly prospective for unconformity related and/or basement hosted uranium deposits based on historical uranium occurrences, recently identified geophysical anomalies, and location along trend from several high-grade uranium discoveries.For further information contact:Jon Bey, Chief Executive Officer, and ChairmanSuite 918, 1030 West Georgia StreetVancouver, British Columbia, V6E 2Y3Tel: 1 (306) 850-6699E-mail: info@standarduranium.caCautionary Statement Regarding Forward-Looking StatementsThis news release contains "forward-looking statements" or "forward-looking information" (collectively, "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as of the date of this news release. Forward-looking statements include, but are not limited to, statements regarding: the timing and content of upcoming work programs; geological interpretations; timing of the Company's exploration programs; and estimates of market conditions. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Certain important factors that could cause actual results, performance or achievements to differ materially from those in the forward-looking statements are highlighted in the "Risks and Uncertainties" in the Company's management discussion and analysis for the fiscal year ended April 30, 2024.Forward-looking statements are based upon a number of estimates and assumptions that, while considered reasonable by the Company at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies that may cause the Company's actual financial results, performance, or achievements to be materially different from those expressed or implied herein. Some of the material factors or assumptions used to develop forward-looking statements include, without limitation: that the transaction with the Optionee will proceed as planned; the future price of uranium; anticipated costs and the Company's ability to raise additional capital if and when necessary; volatility in the market price of the Company's securities; future sales of the Company's securities; the Company's ability to carry on exploration and development activities; the success of exploration, development and operations activities; the timing and results of drilling programs; the discovery of mineral resources on the Company's mineral properties; the costs of operating and exploration expenditures; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); uncertainties related to title to mineral properties; assessments by taxation authorities; fluctuations in general macroeconomic conditions. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Any forward-looking statements and the assumptions made with respect thereto are made as of the date of this news release and, accordingly, are subject to change after such date. The Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/228449 Copyright 2024 ACN Newswire via SeaPRwire.com.
