Financial HighlightsFor the Year Ended 31 December 2025(HK$ million)20252024ChangeRevenue 4,001.13,811.9+ 5.0%Gross Profit 1,385.11,312.1+ 5.6%Gross Profit margin34.6%34.4%+ 0.2ppProfit attributable to owners of the Company 331.4201.0+ 64.9%Net profit margin 8.3%5.3%+ 3.0ppAdjusted EBITDA 622.8612.5+ 1.7%Earnings per share (HK cents) 31.7619.26+ 64.9%HONG KONG, Mar 26 , 2026 - (ACN Newswire via SeaPRwire.com) – Nissin Foods Company Limited (“Nissin Foods” or the “Company”, together with its subsidiaries, the “Group”; Stock code: 1475) today announced its annual results for the year ended 31 December 2025.The Group’s revenue increased by 5.0% year-on-year from HK$3,811.9 million in 2024 to HK$4,001.1 million in 2025, driven by the continued growth of the core instant noodles business, improved consumer sentiment in the Chinese Mainland, and increased demand in overseas markets. Gross profit increased by 5.6% from HK$1,312.1 million in 2024 to HK$1,385.1 million in 2025. Gross profit margin slightly increased by 0.2 percentage points from 34.4% in 2024 to 34.6% in 2025 due to a more favourable sales mix and the Group’s continued implementation of cost efficiency initiatives, which effectively absorbed cost pressure and supported margin improvement.Profit attributable to owners of the Company increased significantly by 64.9% year-on-year to HK$331.4 million, representing a net profit margin of 8.3% for the year. Profit and profitability improved substantially over the year, owing to enhanced operational efficiency and the absence of non-cash charges related to asset impairment losses recognised for the year ended 31 December 2024. The Group’s basic earnings per share increased to 31.76 HK cents for the year. At the Adjusted EBITDA level, the Group recorded an increase of 1.7% from HK$612.5 million in 2024 to HK$622.8 million in 2025, representing an Adjusted EBITDA margin of 15.6% for the year (2024: 16.1%). The Board recommends the payment of a final dividend of 15.88 HK cents per share, representing a dividend payout ratio of 50.0%.Review & Prospects by Business RegionDuring the year under review, revenue from the Hong Kong and other regions operations increased by 7.7% to HK$1,658.7 million, mainly attributable to the steady performance of the instant noodles business in Hong Kong and increased demand in other regions. Segment results rose by 16.1% to HK$152.8 million, driven by continued sales expansion in the premium instant noodles category. Meanwhile, revenue from the Chinese Mainland operations increased moderately by 3.1% to HK$2,342.4 million for the year, with segment results rose by 3.5% to HK$339.9 million, mainly attributable to ongoing efforts to expand sales in inland areas and the sustained sales momentum in the Chinese Mainland.In Hong Kong, the Company continued to enrich its instant noodle portfolio with new SKUs, including Cup Noodles Regular Cup Kyoto Tori Paitan Flavour Instant Noodle and Donbei Meat Broth Flavour Cup Udon (Instant Noodle). To boost sales and consumer engagement, Cup Noodles and Demae Iccho partnered with the virtual singer “Hatsune Miku”. The Company also enhanced its digital marketing in catering channels through a WeChat mini programme. In line with its premiumisation strategy for its frozen food business, the Company launched the Nissin The Chef’s Signature series to cater to consumers seeking elevated home culinary experiences. Meanwhile, the Company continued to broaden its non-noodle portfolio, strengthening its beverage line with seasonal products and expanding the Crisp Choco snack line with a new bite-sized mini version. Hong Kong-made Nissin Granola and fresh-cut vegetable continued to appeal to health-conscious consumers, reinforcing the Company’s commitment to health, wellness and nutrition.For its overseas markets, the Group pursued strategic market expansion and brand enhancement, achieving significant progress. In Vietnam, which remained one of Southeast Asia’s fastest-growing economies, the Company capitalised on strong consumer demand by expanding its sales and distribution channels into modern retail and targeting the youth segment with new products. In Taiwan, the establishment of a wholly-owned subsidiary has provided clearer sales direction and enhanced support to local partners, contributing to sales momentum and long-term business growth. In Korea, the business achieved a solid performance, leveraging the global popularity of K-content and Nissin's international sales network to expand its Gaemi Food Co. Ltd. (“Gaemi Food”) confectionery products into new overseas markets. Meanwhile, in Australia, the Company deepened the operational integration of ABC Pastry Holdings Pty Ltd (“ABC Pastry”) while also broadening its sales network for instant noodle products by capitalising on the growing interest in Asian cuisines across both mainstream and Asian retail channels.In the Chinese Mainland, the Company delivered a solid performance, driven by the volume expansion of its instant noodle business and strategic efforts to expand its geographical footprint into inland regions. To enhance consumer engagement and brand awareness, promotional activities were intensified through increased in-store food tasting, digital marketing on platforms such as the WeChat mini program, and a high-profile collaboration with the Japanese virtual singer “Hatsune Miku”. As part of its premiumisation strategy, the Company enriched its product offerings with new launches such as the Nissin Donbei Kitsune Cup Udon (Instant Noodle). The non-noodle business also demonstrated positive development; the distribution business broadened its portfolio with new premium imported products, including European bottled water, Japanese carbonated beverages, and Japanese chocolate and cookies, while the snack business performed well thanks to its potato chips and festive offerings such as the limited-edition Crisp Choco.Demonstrating a strong commitment to mid- to long-term growth, the Group acquired land use rights of two land parcels in Zhuhai at an aggregate consideration of RMB30.68 million during the year. The Group intends to invest over RMB240 million in acquiring the Land Parcels, constructing new buildings, and installing new production lines.Mr Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, “We are cautiously optimistic about our growth prospects as we continue to focus on cost control and operational efficiency. The global economy faces an uneven recovery due to geopolitical tensions and supply chain restructuring due to rising trade protectionism. Against this backdrop, we remain committed to continuous product upgrades and execution capabilities in markets where we see clear and sustainable demand. In Hong Kong, government initiatives are expected to underpin the economy and household spending, providing a more favourable environment for the continued premiumisation of our product portfolio. The Chinese Mainland offers significant opportunities with its growing middle class, while Vietnam's thriving retail sector and Korea's focus on health support our strategies. Additionally, the rising demand for high-quality frozen foods in Australia presents valuable growth potential.By leveraging our premiumisation and diversification strategies, we strengthen our competitiveness across these regions. With a solid financial position, cash generation, and strong brand recognition, we are well-positioned for sustained revenue and earnings growth over the medium to long term.”About Nissin Foods Company LimitedNissin Foods Company Limited ("Nissin Foods”, together with its subsidiaries, the “Group”; Stock code: 1475) is a renowned food company in Hong Kong and Mainland China, with a diversified portfolio of well-known and highly popular brands, primarily focusing on the premium instant noodle segment. The Group officially established its presence in Hong Kong in 1984 and is the largest instant noodle company in Hong Kong. The Group primarily manufactures and sells instant noodles, high-quality frozen food products, including frozen dim sum and frozen noodles, and also sells and distributes other food and beverage products, including retort pouches, snacks, mineral water, sauce and vegetable products under its two core corporate brands, namely “NISSIN” and “DOLL” together with a diversified portfolio of iconic household premium brands. The Group’s five flagship product brands, namely “Cup Noodles”, “Demae Iccho ”, “Doll Instant Noodle”, “Doll Dim Sum” and “Fuku” are also among the most popular choices in their respective food product categories in Hong Kong. In the Mainland China market, the Group has introduced technology innovation through the “ECO Cup” concept and primarily focuses its sales efforts in first-and second-tier cities. In addition, Nissin Foods operates business in other regions including Vietnam, Taiwan, Korea and Australia markets.Nissin Foods is currently a constituent of five Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Composite SmallCap Index, Hang Seng Composite Industry Index - Consumer Staples, Hang Seng SCHK Consumption Index and Hang Seng SCHK Consumer Staples Index. Nissin Foods is eligible for trading under Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect. For more information, please visit www.nissingroup.com.hk. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
香港, 2026年3月26日 - (亚太商讯 via SeaPRwire.com) - 3月25日,小鹏汇天 X3-F(陆地航母)飞行汽车所搭载的顶流圆柱电池系统在中创新航成都工厂量产下线。据了解,此次下线的动力电池产品应用了中创新航全球首创的“顶流圆柱”电池技术。该“顶流”高能飞行电池,能量密度达360Wh/kg,是行业能量密度最高的固液混合圆柱电池,在高安全性、高功率密度与高能量密度之间实现了卓越平衡,严格满足航空级安全标准,将配套应用于小鹏汇天多款飞行汽车。双方合作始于2022年,中创新航助力小鹏汇天完成了全球首个电动垂起飞行汽车的首飞。在历经了一系列严苛验证之后,中创新航电池产品的可靠性得到了充分检验。以此为契机,中创新航组织优势科研力量,重点布局下一代“顶流圆柱”电池,针对一系列基础科学和技术难题组织了专项攻关,并牵头联合小鹏汇天等优势单位获得国家重点研发计划项目支持,切实推动了相应航空动力电池本征安全与高比能技术的国际领先。基于此,双方于2025年4月签署深化战略合作协议,确立下一代机型的独家供应关系。从牵头国家重点研发计划攻关“顶流圆柱”技术,到此次飞行汽车电池率先实现量产落地,中创新航在前瞻性新兴赛道的布局正加速兑现。多元化应用场景中的商业化能力的持续夯实,为其在下一代能源技术竞争中打开了新的增长空间。 Copyright 2026 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HONG KONG, Mar 26 , 2026 - (ACN Newswire via SeaPRwire.com) – On March 25, CALB (03931.HK) rolled off the production line of the advanced R46 cylindrical battery system at its Chengdu factory, set to power the XPENG ARIDGE X3-F (Land Aircraft Carrier) flying car. According to sources, this power battery product utilizes CALB’s first-unveiled R46 cylindrical battery system technology. Boasting an energy density of 360Wh/kg, the battery stands as the highest-density solid-liquid hybrid cylindrical battery in the industry. It achieves an exceptional balance between high safety, high power density, and high energy density, and will be equipped in several of ARIDGE’s flying car models.The partnership between the two parties began in 2022, with CALB assisting ARIDGE in completing the world’s maiden flight of an electric vertical take-off and landing (eVTOL) flying car. Following a series of rigorous validations, the reliability of CALB’s battery products has been fully verified. Building on this momentum, CALB assembled a team of top researchers to focus on the next-generation advanced R46 cylindrical battery system, tasked with addressing a range of scientific and technological challenges. Furthermore, by taking the lead in collaborating with leading institutions including ARIDGE, the company has been awarded support from the National Key R&D Program Project, further positioning the technologies at the forefront of global innovation in intrinsic safety and high-specific-energy aviation power batteries. Consequently, the two parties have signed a deepened strategic cooperation agreement in April 2025, establishing an exclusive supply relationship for next-generation models.From leading the National Key R&D Program focused on advanced R46 cylindrical battery system technology to achieving mass production of flying car batteries, CALB is accelerating its expansion into forward-looking emerging sectors. The company’s commercialization capabilities across diversified application scenarios continue to strengthen, opening new growth opportunities in the competition for next-generation energy technologies. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
TransNusa To Operate Additional Frequencies for Both Singapore-Jakarta and Singapore-Bali Routes- Additional frequencies respond to strong demand for travel between Indonesia and Singapore while strengthening regional connectivity- Both routes received additional scheduled flight slots, providing TransNusa passengers options for day travel- TransNusa increases its minimum baggage allowance to 20kgs, in addition to the 7kg hand carry for it’s minimum package bundle, SEAT, and increased minimum baggage allowance to 30kgs for its highest bundle, Flexi-ProJAKARTA, Mar 25, 2026 - (ACN Newswire via SeaPRwire.com) - PT TransNusa Aviation Mandiri (TransNusa) today announced the launch of additional scheduled flights between Jakarta and Singapore as well as Jakarta and Bali, further strengthening connectivity between two of Southeast Asia’s paramount business and tourism travel hubs.TransNusa Group Chief Executive Officer, Datuk Bernard Francis said that the additional scheduled flight between Soekarno–Hatta International Airport in Jakarta and Singapore Changi Airport will start on April 17 while the additional flight from Gusti Ngurah Rai International Airport in Bali to Changi Airport will start on May 2. Sale of tickets for both additional scheduled flights started on March 17 and can be bought directly from transnusa.co.id or on any main online travel agency platform.The additional flights are part of the TransNusa’s broader strategy to expand regional connectivity and respond to the growing demand for travel between Indonesia and Singapore—two markets with strong economic, cultural, and tourism ties.“Singapore is one of the region’s vital aviation and commercial hub, and these additional flights will provide travellers with greater flexibility while supporting trade and tourism between the two countries,” Datuk Bernard added.“The Jakarta–Singapore corridor is one of the busiest international routes in the region, serving millions of travellers each year. By increasing capacity on this route, we aim to provide a more seamless connections for passengers traveling across Southeast Asia and beyond,” Datuk Bernard stressed, adding that TransNusa’s passengers will benefit from improved scheduling options, allowing for easier same-day connections to a wider network of destinations.“Our goal is to continue improving accessibility across Southeast Asia by increasing frequencies on high-demand routes,” explained Datuk Bernard.Flight DetailsTransNusa’s additional scheduled flight, 8B 155, will depart Jakarta at 07.45pm from Soekarno-Hatta International Airport in Jakarta and arrive at the Singapore Changi Airport at 10.25pm. The flight, 8B 156, will depart Singapore Changi Airport at 11.20pm and arrive at Soekarno-Hatta International Airport in Jakarta at 12.10am.With the launch of this news additional Frequency, TransNusa will be operating three daily flights from Jakarta to Singapore effective April 17, 2026.On the Bali-Singapore route, TransNusa's new scheduled flight, 8B 553, will depart the Gusti Ngurah Rai International Airport at 10.20am and arrive at Changi Airport at 01.15pm. Meanwhile, TransNusa’s flight, 8B 554, will depart Changi Airport at 02.15pm and arrive back at the Gusti Ngurah Rai International Airport in Bali at 05.55pm.TransNusa will be utilising its Airbus A320 for both the international routes.TransNusa, which aims to ensure its passengers travel with ease and comfort, has configured its A320 aircrafts with a 174-seat configuration, which allows for passengers to enjoy about 30 inches of legroom, comparable to the experience passengers would get in a full-service airline."We are committed to providing affordable and competitive ticket prices, while still providing premium services to our customers,” stressed Datuk Bernard.For its international flights, TransNusa not only provides premium services with competitive ticket prices, but the airline also has attractive product bundles called SEAT, SEAT-PLUS and FLEXI-PRO."Our SEAT passengers will now enjoy check-in baggage of 20kgs,” Datuk Bernard said, explaining that the baggage offering was over and above the 7kgs limit offered as a passenger’s hand carry.“For the highest package, FLEXI-PRO, we have increased our baggage allowance to 30kgs, free to choose seats, free food, and drinks, and priority boarding. In addition, TransNusa also provides its FLEXI-PRO passengers with the flexibility to change their flight schedule without restrictions and obtain refund when needed,” concluded Datuk Bernard.About TransNusaTransNusa Airline, is a Premium Service Carrier. In February 2024, the airline rebranded itself to a Premium Service Carrier in line with its upgraded aircrafts that offers better comfort as well as based on the flexibility and quality of the services offered. TransNusa, which received its AOC certification on 9th September 2022, launch its first three A320 operations on 6th October, 14th October and 12th December, 2022.In 2023, TransNusa introduced a new business model making it the first Premium Service Carrier in the Asia Pacific region. TransNusa introduced its first international flight on 14th April, 2023. The airline is currently based in Jakarta and Bali.On the international front, TransNusa flies to Singapore, Guangzhou, Kuala Lumpur, Perth, Shanghai, and Shenzhen. The airline became the second Indonesian airline to fly to China and the first Indonesian airline to launch a Premium Service Carrier business model. Passengers can book their flights on the TransNusa website at www.transnusa.co.id, through any secure online travel agent, through authorized travel agents in Singapore and Indonesia.Primary International Media ContactTrina Thomas RajMobile: +6012 4992672E-mail: trina@myqaseh.org Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
CLEVELAND, Ohio, Mar 26, 2026 - (ACN Newswire via SeaPRwire.com) - Formerra, a leader in performance materials distribution, announced the implementation of a transportation surcharge to address continued cost escalation across the Americas freight and logistics market. Beginning April 1, 2026, a $350 per delivery surcharge will apply to all shipments.The freight and logistics market continues to experience elevated costs driven by rising diesel prices, evolving regulatory requirements affecting driver availability, tighter trucking capacity, and increasing operating expenses across the logistics sector. Industry forecasts indicate these pressures will persist for the foreseeable future."Maintaining reliable service for our customers requires us to adapt to sustained shifts in the transportation landscape," said Tom Kelly, Formerra CEO. "This surcharge is necessary to address these industrywide cost pressures that are outside of our control while continuing to provide the high service levels customers expect from Formerra."Customers should contact their Formerra representative for more information.About FormerraFormerra is a preeminent distributor of engineered materials, connecting the world's leading polymer producers with thousands of OEMs and brand owners across healthcare, consumer, industrial, and mobility markets. Powered by technical and commercial expertise, it brings a distinctive combination of portfolio depth, supply chain strength, industry knowledge, service, leading e-commerce capabilities, and ingenuity. The experienced Formerra team helps customers across multiple industries to design, select, process, and develop products in new and better ways - driving improved performance, productivity, reliability, and sustainability. To learn more, visit www.formerra.com.Media ContactJackie MorrisFormerraMarketing Communications Managerjackie.morris@formerra.com+1 630-972-3144SOURCE: Formerra Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Toronto, ON, Mar 25, 2026 - (ACN Newswire via SeaPRwire.com) - Aleen Inc. (CSE: ALEN-U), a digital wellness company, has introduced a new data layer within its Personal Wellness Account, designed to enhance how its AI assistant interprets and structures wellness data.As part of its ongoing product development, Aleen Inc. has implemented a biomarker extraction approach that enables the system to process user-provided data and identify key indicators in a more structured way. This includes the use of a dedicated AI agent that processes documents page by page and extracts relevant biomarkers from wellness data sources.In addition to extraction, Aleen Inc. is developing a standardized structure for each biomarker, including its name, value, unit of measurement, and reference range. These structured data elements are now reflected within the Personal Wellness Account interface. Users will be able to view the total number of detected biomarkers and potential deviations directly within the file list, while a dedicated “Biomarkers” tab in the detailed view provides expanded access to the data in both table and panel formats, along with search and filtering capabilities.This development represents a step toward more structured data environments within Aleen’s ecosystem, supporting improved organization, accessibility, and interaction with wellness data. The introduction of this layer may also contribute to future enhancements in how the system identifies patterns and supports user-centered insights. This update reflects Aleen Inc.’s continued focus on building scalable data architecture and advancing its Personal Wellness Account as a structured, AI-assisted environment for working with wellness data.About Aleen Inc.Aleen Inc. operates as a digital wellness and well-being insights company. Its platform transforms personal wellness information into simple, personalized insights that promote greater self-awareness and balance in daily life. Aleen’s mission is to empower individuals with knowledge and clarity through responsible use of technology and data.For more information, visit www.aleen.ca.Forward-Looking StatementThis press release contains forward-looking statements regarding future plans and developments by Aleen Inc. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Aleen Inc. undertakes no obligation to update or revise these statements except as required by law. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HONG KONG, Mar 25, 2026 - (ACN Newswire via SeaPRwire.com) - On March 25, 2026, Hengrui Pharma (600276.SH; 01276.HK) announced robust financial results for the full year 2025, fueled by its dual strategy of innovation and globalization. Revenue increased 13.02% year-on-year to RMB 31.63 billion, and net profit attributable to shareholders increased by 21.69% to RMB 7.71 billion.Innovation remained the engine of Hengrui’s growth: Innovative drug sales increased by 26.09% year-on-year to RMB 16.34 billion, contributing 58.34% to total drug sales. This was driven by a robust pipeline across therapeutic areas, with oncology products contributing RMB 13.24 billion in revenue (+18.52% YoY), and non-oncology products contributing RMB 3.10 billion in revenue (+73.36% YoY).Hengrui kept innovation at its core, with R&D expenditure reaching RMB 8.72 billion in 2025, accounting for 27.58% of total revenue, of which RMB 6.96 billion was expensed. During the year, the company secured seven approvals for Class 1 innovative drug, one for a Class 2 innovative drug, and six for new indications of marketed innovative drugs. The pace of regulatory progress accelerated with 15 NDA/BLAs accepted by the NMPA. Meanwhile, 28 drug candidates entered Phase III clinical trials, 61 progressed to Phase II, and 28 NMEs entered Phase I for the first time.The company currently has over 100 proprietary innovative products in clinical development and is conducting more than 400 clinical trials. This robust portfolio will be further supported by approximately 53 innovative product and indication approvals anticipated during 2026-2028.2025 marked another year of accelerated progress in Hengrui's global expansion. Licensing revenue rose 25.62% to RMB 3.39 billion, cementing the growing global recognition and value of the company’s innovative portfolio. During the year, the company completed five overseas business development transactions for innovative drugs with leading MNCs and biotechs, highlighted by a strategic collaboration with GSK. In parallel, the company continued to advance its self-developed assets and global regulatory efforts. Multiple innovative drugs had their first global clinical trials initiated, ranging from Phase I to III.Additionally, Hengrui successfully listed on the Hong Kong Stock Exchange, raising total gross proceeds of HK$11.4 billion (US$1.5 billion), including the over-allotment option — marking the largest pharmaceutical IPO in Hong Kong in the past five years and further strengthening its access to global capital.Looking ahead, Hengrui will continue to focus on addressing unmet clinical needs with its differentiated innovative portfolio, placing equal emphasis on independent R&D and open collaboration to expand access to innovative drugs for patients worldwide.About Hengrui PharmaHengrui Pharma is an innovative, global pharmaceutical company dedicated to the research, development and commercialization of high-quality medicines to address unmet clinical needs. Its therapeutic areas of focus include oncology, metabolic and cardiovascular diseases, immunological and respiratory diseases, and neuroscience. Driven by a patient-focused philosophy since its founding in 1970, Hengrui Pharma remains committed to advancing human health by striving to conquer diseases, improve health, and extend lives through the power of science and technology.Forward-Looking StatementsThis press release contains forward-looking statements, including statements about the company's future growth prospects and pipeline potential. These statements are based on current expectations and assumptions and do not guarantee future performance. Actual results, developments, and business decisions may differ materially from these forward-looking statements. All information in this press release is as of the date of this press release, and Hengrui undertakes no duty to update such information unless required by law. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HONG KONG, Mar 25, 2026 - (ACN Newswire via SeaPRwire.com) - Everbright Grand China Assets Limited, a property leasing, property management and sales of properties held for sale company under China Everbright Group ("Everbright Grand China Assets" or the "Group", Hong Kong Stock Exchange stock code: 3699) today announced the annual results for the year ended 31 December 2025 (the "Year under Review").During the Year under Review, the Group's revenue was approximately RMB49.9 million (2024: approximately RMB45.9 million), representing a increase of approximately 8.7% as compared to last year, mainly attributable to the increase in total rental income from investment properties. The profit attributable to equity shareholders of the Company amounted to approximately RMB19.5 million (2024: approximately RMB25.3 million), representing an decrease of approximately 22.9% as compared to last year. The decrease in profit was primarily due to the increase in dividend withholding tax and deferred tax expenses recognised in 2025. The Board has proposed to pay a final dividend of RMB1.04 cents per share for the year ended 31 December 2025 (2024: RMB1.05 cents). Together with the interim dividend of RMB0.73 cents per share, the full year dividend amounts to RMB1.77 cents per share (2024: RMB2.17 cents per share).As at 31 December 2025, the Group had current assets of approximately RMB241.0 million (2024: approximately RMB239.9 million). The increase in current assets was mainly a result of [the increase in deposits with maturity of more than three months and cash and bank balances during the year].. The Group had current liabilities of RMB20.1 million (2024: approximately RMB19.9 million). The increase in current liabilities was mainly due to he rise in lease liabilities arising from lease renewals.Property LeasingDuring the year under Review, the rental income from the Group’s property leasing business was approximately RMB34.0 million for the year ended 31 December 2025 (2024: RMB30.5 million). Due to increase in the average rent per square metre, and together with rental subsidies offered to tenants, the total rental income increase. As at 31 December 2025, the Group’s property portfolio comprises three commercial buildings, namely Everbright Financial Center, part of Everbright International Mansion and Ming Chang Building, with a total gross floor area (“GFA”) of approximately 89,507 square meters.Property Management ServiceThe Group provides property management services for its properties, namely Everbright Financial Center and Everbright International Mansion. Revenue from the Group’s property management services was approximately RMB15.9 million for the year ended 31 December 2025 (2024: RMB15.4 million). The increase in revenue from property management services was due to the increase in restaurant income. As at 31 December 2025, the total GFA under the Group’s management was 72,534 sq.m.Investment PropertiesThe Group's investment properties primarily consist of land and/or buildings which are owned or held under a leasehold interest to earn rental income and/or for capital appreciation. As at 31 December 2025, the fair value of the investment properties was RMB979.0 million (2024: RMB967.1 million), representing an increase of approximately 1.23%. For the year ended 31 December 2025, the valuation gain on investment properties amounted to approximately RMB10.3 million (2024: approximately RMB6.6 million).PROSPECTSAs the World Bank noted that despite persistent trade tensions, the global economy has demonstrated stronger-than-expected resilience. Amid a complex environment of mounting external pressures and internal challenges, China continued to advance high-quality development, with the overall economy maintaining stable performance and achieving steady progress. With stable economic growth, corporate demand for commercial space has increased. Coupled with accelerated urbanization and the development of new business districts, demand for commercial properties has continued to rise, supporting the growth of commercial property management and leasing activities. In addition, the Chinese government has introduced a series of favourable policies for the commercial real estate sector, focusing on inventory digestion and optimization of industry planning, thereby providing further support to the property management and leasing industry.The Group’s managed properties mainly comprise commercial assets. Despite macroeconomic conditions and market competition, tenancy arrangements, lease agreements and occupancy rates remained stable in 2025. However, rental levels for newly signed leases were lower than in previous periods. To mitigate the pressure arising from rental adjustments, the Group will continue to enhance customer satisfaction by incorporating value-added services into new lease agreements, including property maintenance and upkeep, facilities management and community event planning.The Group’s existing properties are primarily located in Chengdu, Sichuan and Kunming, Yunnan—two key regional cities—and comprise three commercial buildings: Everbright Financial Center, Everbright International Mansion and Ming Chang Building. Benefiting from their prime locations and high-quality facilities, these properties have attracted a sizable number of state-owned enterprises and large institutions, providing a solid foundation for the Group’s leasing business. In recent years, the Group has successfully introduced tenants from emerging sectors such as software and technology, while also offering digitalised services to tenants. Looking ahead, the Group will continue to promote diversified business development and strive to attract more high-quality commercial tenants.In addition, the further escalation of the situation in the Middle East in March 2026 has led to rising energy prices, heightened inflation expectations and slower economic growth, all of which are core factors affecting overseas investment decisions. Accordingly, the Group will carefully reassess its asset allocation and regional risks with respect to its overseas investment plans. Despite the current significant volatility in the global economy, the Group will adhere to the principle of prudent operation, flexibly seize investment windows, and ensure the safety of capital operations.The Group continues to leverage technology to advance smart property management, enhance operational efficiency and elevate the customer experience. By strengthening digitalisation and refined management capabilities, the Group aims to further improve service quality and customer satisfaction.By fully leveraging the synergy with its parent company, China Everbright Group, while actively developing diversified value-added services to broaden its revenue mix and enhance brand influence. As the industry undergoes transformation and upgrading, the Group remains committed to prudent operations, a strong focus on risk management and internal controls, agile responses to macroeconomic and policy developments, continuous optimisation of its asset portfolio, further strengthening of its resilience against market uncertainties, and also actively explore new development opportunities to create greater value for the shareholders.About Everbright Grand China Assets LimitedEverbright Grand China Assets Limited is engaged in the businesses of property leasing and the provision of property management services under China Everbright Group. It owns, leases and manages properties located in Chengdu, Sichuan province, and also owns and leases a property located in Kunming, Yunnan province. The Group's properties are located in the city centers of Chengdu and Kunming, the key cities of western China. The Group's property portfolio includes three commercial properties, namely Everbright Financial Center, part of Everbright International Mansion and Ming Chang Building. For more information about Everbright Grand China Assets, please visit the Company’s website: https://ebgca.com.hk/.This press release is issued by Porda Havas International Finance Communications Group on behalf of Everbright Grand China Assets Limited.For inquiries, please contact: Kelly Fung+852 2590 1900kelly.fung@pordahavas.co Qin Luk+852 2590 1903samantha.luk@pordahavas.comEmail: ebgca.hk@pordahavas.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
AALBORG, DENMARK AND MELBOURNE, AU, Mar 25, 2026 - (ACN Newswire via SeaPRwire.com) - The North Jutland technology company NanoNord has, in connection with the Royal Couple's state visit to Australia, secured an order for additional measurement equipment valued at between 160k - 240k AUD from the Australian deeptech pioneer ElectraLith. The order underscores the growing international potential for Danish measurement technology in the green transition.NanoNord was part of the business delegation during the state visit and seized the opportunity to strengthen its business with both existing and new customers in Australia. It is not the first time the Danish Royal Family has been close to NanoNord - the company was originally officially inaugurated by a then-young Crown Prince Frederik.Danish Technology Measures Lithium in Real TimeNanoNord's flagship technology, Tveskaeg, is an MR-based measurement instrument that enables precise real-time measurement of lithium and a range of other elements. The technology is wireless, uses neither chemicals nor disposable materials, and requires minimal calibration and maintenance - making it robust, green, and operationally reliable.ElectraLith uses Tveskaeg instruments as a central part of their groundbreaking DLE-R technology for lithium extraction. DLE (Direct Lithium Extraction) is a new and far more sustainable method for extracting lithium - a critical metal in the batteries powering the green transition. The full potential of the collaboration is up to DKK 10 million over the coming years, as ElectraLith rolls out its technology globally.The two companies connected in Melbourne during the Danish Industry reception 'An Evening in the Name of Business, Sport and Danish Dynamite,' and further strengthened ties during a meeting at ElectraLith's headquarters following the conclusion of the official business delegation.A Happy Customer on the Other Side of the Globe"Tveskaeg is an essential part of our DLE-R system and we are delighted with our partnership with Martin and the NanoNord team. Each DLE-R unit will include a Tveskaeg system to measure lithium and the order of additional units highlights its importance to our operations, particularly as we prepare for rapid global deployment to meet burgeoning demand lithium.Our existing two systems perform flawlessly and intuitively - so much so that our team has named them Forky and Hilda (after King Sweyn ‘Forkbeard' Tveskaeg and his wife). This is our second major order, in what we expect to be many."- Charlie McGill, CEO, ElectraLith"There is nothing better than visiting a customer on the other side of the globe and seeing our technology in use with happy customers like Charlie and his team. Our talented employees back at Skjernvej in Aalborg deserve the credit for the technology simply working and the customers being happy. That we can also bring home an order for additional instruments naturally makes me extra pleased."- Martin Mindorf, CCO, NanoNord"It is a great honour to be part of the historic state visit to Australia, and we are honoured by the attention from especially H.M. the Queen on this trip. The Queen quickly understood the potential of the technology in Australia and asked curiously about how Tveskaeg is used in connection with lithium extraction. NanoNord and ElectraLith are a great example of how our countries can work together, and there is great potential out here, particularly for the extraction of metals that are critical for the green transition. Beyond ElectraLith, we also have several exciting customers and prospects that we need to come back for."- Martin Mindorf, CCO, NanoNordAbout ElectraLithElectraLith is an American deeptech pioneer developing DLE-R - a proprietary electrochemical technology for lithium extraction and refining. The technology produces battery-grade lithium hydroxide or carbonate without water, chemicals, or waste, and can be powered by renewable energy.In December 2024, the company closed a materially oversubscribed Series A round of approximately USD 17 million with investors including Rio Tinto, Chevron, Marathon Petroleum, and In-Q-Tel. In 2026, ElectraLith was selected a Top Innovator by the World Economic Forum and has pilot projects planned in Australia, the United Kingdom, and Argentina.About NanoNordNanoNord was founded in 2001 by inventor Ole Nørgaard Jensen, who previously sold the Bluetooth pioneer company Digianswer to Motorola. The company develops and manufactures MR-based measurement equipment under the name Tveskaeg, used for applications including sodium measurement in food, lithium measurement in the mining industry, and nitrogen and phosphorus measurement in agriculture. Customers include global names such as Kraft-Heinz, Orkla, and Imerys. In the other industries, such as the food industry, NanoNord equipment eliminates the need for silver nitrate titration, and in several European countries, Tveskaeg technology is currently being tested for agricultural applications, where it has the potential to optimise the use of slurry, resulting in less groundwater pollution and better utilisation of nutrients.NanoNord is foundation- and family-owned, with the Lauritzen Foundation as a major investor, and continues to be led by founder Ole Nørgaard Jensen as CEO. In Australia, NanoNord is represented during the state visit by Martin Nørgaard Mindorf, CCO, the next generation of the family.Contact information:Martin MindorfCCOmm@nanonord.dk+4596341590Charlie McGillCEOcharles.mcgill@electralith.comSOURCE: NanoNord Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Brisbane, Australia--(ACN Newswire via SeaPRwire.com - March 25, 2026) - Adyton Resources Corporation (TSXV: ADY) ("Adyton" or the "Company") is pleased to announce positive expansionary drill results from its ongoing exploration program at the 100% owned Feni Island Gold-Copper Project, located on the productive Lihir Trend, Papua New Guinea (PNG). This announcement provides all the assay results for expansionary hole FDD017 (preliminary results were first reported on February 18, 2026).Hole FDD017 previously returned 53m @ 1.29g/t Au (gold only) and now, incorporating newly released copper assays, reports as 53m @ 1.60g/t AuEq representing an approximate 25% increase in reported grade. In addition, strong silver (Ag) and molybdenum (Mo) results further support the presence of a highly fertile epithermal-porphyry at Kabang.KEY HIGHLIGHTS OF DRILL HOLE FDD017Final assays for hole FDD017 have delivered another >100g*m intercept, further confirming strong Au-Cu mineralisation in the north-eastern extension targetHole FDD017 yielded:53m @ 1.29g/t Au, 0.26% Cu (1.60g/t AuEq; from 151m)within a broader interval of 164m at 0.63g/t Au, 0.15% Cu (0.82g/t AuEq for 134g*m; from 36m);including a higher-grade interval that returned: 5m @ 3.6g/t Au, 1.48% Cu (5.63g/t AuEq: from 198m)In addition to gold and copper, FDD017 also reports significant silver and molybdenum signalling strong system fertility for a large alkalic epithermal-porphyry system:5m @ 22.3g/t Ag (from 198m) and 6m @ 275ppm Mo (from 295m; peak Mo 579ppm)These final assay results for hole FDD017 confirm the North-Eastern zone at Kabang is strongly mineralised and prospective for gold and copper and continues to expand this zone beyond the current resource model.Ground based IP/MT survey progressing well; looking to deploy within 2Q 2026."FDD017 continues to exceed our expectations, delivering a meaningful uplift in grade with the inclusion of copper and highlighting the strength of the broader mineralized system at Feni. The increase to 1.60g/t AuEq over 53 metres, combined with strong silver and molybdenum values, reinforces our view that Kabang represents a highly fertile and evolving epithermal-porphyry system. Importantly, this hole further confirms the scale and continuity of mineralization in the north-eastern extension, which remains open and continues to grow beyond the current resource footprint." said Tim Crossley, CEO.Adyton is looking forward to receiving additional assays from nearby drillholes within this zone and updating the market accordingly.SIGNIFICANT INTERCEPTSTable 1 shows the Significant Intercepts for gold and copper assay results received to date (new assays this release for FDD017 only). Figures 1, 2, 3 and 4 show plan map and cross/long sections. See previous release for Table 2 - drillhole status (Feb 18, 2026 news release).Table 1: Gold and Copper Significant Intercepts from Adyton's 2021 (ADK) and 2025/2026 (FDD) drilling at the Feni Island Au-Cu Project (gold, copper and gold equivalent). See footnotes to table: 1 2 3 4To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7416/289847_b8a30a4df4e5ea26_001full.jpgFigure 1: Feni Project (inset: located on the +120MozAu Lihir Island gold trend), showing Kabang MRE (centre) and numerous, highly prospective, additional target opportunities at Feni. Upcoming IP/MT survey outline highlighted.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7416/289847_b8a30a4df4e5ea26_002full.jpgFigure 2: Plan view of the Kabang Au-Cu deposit with Significant Intercepts on drill traces (noting numerous drillholes pending assays), with re-processed mag and IP anomalies. The dashed red arcuate line outlines the extent of anomalous Mo and is interpreted to denote the porphyry mineralization footprint based on drilling to date. The green arrow is the vector towards epithermal mineralization based on As-Sb pathfinder elements increasing to the SSW. Pending assays and future drilling will increasingly allow the company to hone-in on porphyry-related and epithermal-related Au-Cu mineralization.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7416/289847_b8a30a4df4e5ea26_003full.jpgFigure 3: Cross section of hole FDD017 with geology and assays. It highlights the consistent Au-Cu mineralization as punctuated by high-grade gold-copper intercepts within an extensive monzonite/intrusive breccia mineralized zone unit from 36m to 220m.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7416/289847_b8a30a4df4e5ea26_004full.jpgFigure 4: This long section utilizing recently reprocessed mag and IP data shows the now apparent close correlation of the Danmagal porphyry system evidenced at depth by magnetics data (red polygon >0.16MVI) and the close spatial relationship of the Kabang epithermal system (orange 27mRad IP anomaly) and known gold grades. Of note, geochemical zonation appears to be vectoring towards a hydrothermal fluid source to the SW and to depth - exactly where the Danmagal porphyry is located. Furthermore, the Kabang drilling has encountered smaller apophyses of porphyry style intrusives and copper mineralization, and the current geological model suggests that Danmagal is the likely source of these.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7416/289847_b8a30a4df4e5ea26_005full.jpgFUTURE CATALYSTS & OUTLOOKAdyton is well-funded with C$16.75m in cash and cash equivalents, 100% earmarked for the Feni Au-Cu Project (plus G&A). The company is executing a systematic exploration strategy to grow the MRE and discover new deposits. Upcoming results and milestones include:Pending Assays:NNE: FDD018, FDD020, FDD023, FDD025, FDD029SSW: FDD019, FDD021, FDD024, FDD026, FDD028Ongoing Drilling: focused on expanding the MRE footprint at Kabang, and testing new targets.Advanced Geophysics: An approximately 5km by 5km ground-based IP & MT survey is being scoped to detect additional deposits on Feni Island and detect deeper prospective targets for drilling (see Figure 1).Spectral Mapping: Deployment of pXRF as well as spectral mineral mapping (1Q 2026) to generate a 3D alteration model for precise vectoring toward the core of the mineralized system with potential high Au-Cu grades to target for drilling.FERGUSSON ISLAND PROGRESS UPDATEEVIH, our 50/50 JV partner, continues to make good progress on the restart of the Wapolu Au Mine. Key areas of significant progress include purchasing and shipping of long lead items and processing plant components. The Mineral Resources authority have also set the date for the ML application Wardens Hearing for May 21, 2026. It is expected that, subject to permitting, Wapolu could be in production in Q4 2026. Adyton does not have any capital expenditure requirements for the Wapolu, these are being provided by EVIH as part of the JV earn-in to the Fergusson projects.QUALITY ASSURANCE / QUALITY CONTROLAdyton adheres to industry-recognized standards of Best Practice and Quality Assurance/Quality Control (QA/QC). Drill core samples were submitted in batches to Intertek Laboratory in Lae, which include a field blank, certified reference materials (CRMs) and staged duplicates. Samples were sealed ensuring Chain of Custody. To date, all batches have passed QA/QC, and blanks and CRMs were within acceptable tolerance limits. All drill holes were drilled and sampled predominantly from PQ and HQ diameter drill core, and to a lesser extent, also NQ core. Core recovery is considered to be appropriate.Qualified PersonThe scientific and technical information contained in this press release has been prepared, reviewed, and approved by Dr Chris Bowden, PhD, GCMEE, FAusIMM(CP), FSEG, the Chief Operating Officer and Chief Geologist of Adyton, who is a "Qualified Person" as defined by National Instrument 43‐101 ‐ Standards of Disclosure for Mineral Projects.ABOUT THE FENI GOLD-COPPER PROJECTThe Feni Project is 100% owned by Adyton and is a key asset in Adyton's portfolio, located in a highly prospective region of Papua New Guinea on the Lihir Island chain known for world-class gold-copper deposits, including Lihir (owned and operated by Newmont). The Company has confirmed significant gold-copper mineralization at Feni, with a focus on expanding its existing resource and identifying new high-grade targets.For further information please contact:Tim Crossley, Chief Executive OfficerE‐mail: ir@adytonresources.comPhone: +61 7 3854 2389Phone: +1 778 549 6768Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.ABOUT ADYTON RESOURCES CORPORATIONAdyton Resources Corporation is focused on advancing gold and copper projects in world-class mineral jurisdictions. The Company holds a portfolio of highly prospective assets in Papua New Guinea where it is actively working to expand its existing gold Inferred and Indicated Mineral Resources and build on recent high-grade gold and copper drill results at its 100% owned Feni Island project.Adyton's projects are located on the Pacific Ring of Fire, on accessible island settings that host several globally significant deposits including the Lihir gold mine and Panguna copper-gold mine on Bougainville Island, both in close proximity to Feni, highlighting the district-scale potential of the Company's land package.Feni Island Au-Cu projectThe Feni Island Project currently has a mineral resource prepared in accordance with NI 43-101 dated October 14, 2021, which has outlined an initial inferred mineral resource of 60.4 million tonnes at an average grade of 0.75 g/t Au, for contained gold of 1,460,000 ounces, assuming a cut-off grade of 0.5 g/t Au. See the NI 43-101 technical report entitled "NI 43-101 Technical Report on the Feni Gold-Copper Property, New Ireland Province, Papua New Guinea prepared for Adyton Resources by Mark Berry (MAIG), Simon Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant and "qualified person" as defined in NI 43-101, available under Adyton's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.Fergusson Island Au projectThe Fergusson Island Project currently has a mineral resource prepared in accordance with NI 43-101, which outlined an indicated mineral resource of 5.0 million tonnes at an average grade of 1.28 g/t Au for contained gold of 206,000 ounces and an inferred mineral resource of 23.2 million tonnes at an average grade of 0.99 g/t Au for contained gold of 733,000 ounces, both inferred and indicated resources used a 0.5g/t Au cut-off grade.See the technical report dated October 14, 2021, entitled "NI 43-101 Technical Report on the Fergusson Gold Property, Milne Bay Province, Papua New Guinea" prepared for Adyton Resources by Mark Berry (MAIG), Simon Tear (MIGI PGeo), Matthew White (MAIG) and Andy Thomas (MAIG), each an independent mining consultant and "qualified person" as defined in NI 43-101, available under the Company's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.See the technical report dated January 7, 2026, entitled "NI 43-101 Technical Report on Wapolu Gold Project" prepared for Adyton Resources by Louis Cohalan (MAIG), an independent mining consultant and "qualified person" as defined in NI 43-101, available under the Company's profile on SEDAR+ at www.sedarplus.ca. Mineral resources are not mineral reserves and have not demonstrated economic viability.For more information about Adyton and its projects, visit www.adytonresources.comTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7416/289847_adytonmap0103052026.jpgForward-looking statementsThis press release includes "forward‐looking statements", including forecasts, estimates, expectations, and objectives for future operations that are subject to several assumptions, risks, and uncertainties, many of which are beyond the control of Adyton. Forward‐ looking statements and information can generally be identified by the use of forward‐looking terminology such as "may", "will", "should", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. Forward looking statements in this news release include plans pertaining to the drill program, the intention to prepare additional technical studies, the timing of the drill program, uses of the recent drone survey data, the timing of updating key findings, the preparation of resource estimates, and the deeper exploration of high-grade gold and copper feeder systems. The forward‐looking information contained herein is provided for the purpose of assisting readers in understanding management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes.Forward‐looking information are based on management of the parties' reasonable assumptions, estimates, expectations, analyses, and opinions, which are based on such management's experience and perception of trends, current conditions and expected developments, the receipt of any necessary permits, licenses and regulatory approvals in connection with the future development of the projects in a timely manner; the availability of financing on suitable terms for the development; construction and continued operation of the Fergusson Island Project and the Feni Island Project; the ability to effectively complete the drilling program; and Adyton's ability to comply with all applicable regulations and laws, including environmental, health and safety laws.Investors are cautioned that forward-looking statements are not based on historical facts but instead reflect Adyton's management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of managements considered reasonable at the date the statements are made. Although Adyton believes that the expectations reflected in such forward- looking statements are reasonable, such information involves risks and uncertainties, and under reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements expressed or implied by Adyton. Among the key risk factors that could cause actual results to differ materially from those projected in the forward- looking statements are the following: impacts arising from the global disruption, changes in general macroeconomic conditions; reliance on key personnel; reliance on Zenex Drilling; changes in securities markets; changes in the price of gold or certain other commodities; change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave‐ins and flooding); discrepancies between actual and estimated metallurgical recoveries; inability to obtain adequate insurance to cover risks and hazards; 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 and changes in the 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); and title to properties. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward‐looking statements. Such forward‐looking information represents management's best judgment based on information currently available. No forward‐looking statement can be guaranteed, and actual future results may vary materially. Readers are cautioned not to place undue reliance on forward looking statements or information. Adyton Resources Corporation undertakes no obligation to update forward‐looking information except as required by applicable law.1 Interval widths are "apparent" widths downhole, subject to true width determination.2 ADK series drilling (2021) reported previously to TSX.V. Au.eq recalculated here.3 Gold equivalent calculated as: Au.eq = ((Au g/t *0.93) + (Cu% *1.71 * 0.90)). Based on: metal prices of US$2,000/oz Au and US$5/lb Cu; and recoveries of 93% Au and 90% Cu. Recovery assumptions are speculative as no metallurgical test work have been completed at Feni but are based on comparable deposits.4 FDD002 & FDD004 ended in mineralisation.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289847 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
FINANCIAL HIGHLIGHTSRMB’000For the yearended 31 DecemberFor the 3 monthsended 31 December 20252024 20252024Revenue9,682,88110,317,9042,618,2972,792,478- Office software and services5,928,7455,121,0751,750,3601,501,181- Online games and others3,754,1365,196,829867,9371,291,297Gross Profit7,863,8358,580,4762,147,7212,343,344Operating Profit1,775,0973,646,623514,1591,106,890Profit Attributable to Owners of the Parent2,004,3881,551,613975,017460,241Basic Earnings Per share (RMB)1.461.160.700.35HONG KONG, Mar 25, 2026 - (ACN Newswire via SeaPRwire.com) – Kingsoft Corporation Limited (“Kingsoft” or the “Company”; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its 2025 annual results and fourth quarter results for the period ended 31 December 2025.For the year of 2025, the revenue of Kingsoft recorded RMB 9,682.9 million. Revenue from the office software and services, and online games and others represented 61% and 39% of the Company’s total revenue for the year 2025, respectively. Gross profit amounted to RMB 7,863.8 million. Profit attributable to owners of the parent increased 29% year-on-year to RMB 2,004.4 million.For the fourth quarter of 2025, the Company’s revenue reached RMB 2,618.3 million. Revenue from the office software and services, and online games and others represented 67% and 33% of the Company’s total revenue for the fourth quarter of 2025, respectively. Gross profit for the fourth quarter of 2025 increased 10% quarter-on-quarter to RMB 2,147.7 million. The Company’s gross profit margin increased by two percentage points quarter-on-quarter to 82%. Profit attributable to owners of the parent increased 112% year-on-year to RMB 975.0 million.Mr. Jun LEI, Chairman of the Company, commented: “In 2025, we remained committed to technology empowerment and focused on enhancing our core capabilities. Kingsoft Office Group continued to stay committed to its core strategy of 'AI, Collaboration, and Internationalization', deepened its presence in the AI office market, and developed future-oriented intelligent office products tailored to the full-scenario office needs of both individual and enterprise users. For the online games business, we further deepened our expertise in classic wuxia IP and actively expanded into diversified game categories and global markets.”Mr. Tao ZOU, Chief Executive Officer of the Company, added, “In 2025, the Company's total revenue reached RMB 9,682.9 million, representing a year-on-year decrease of 6%. Of this, revenue from the office software and services business was RMB 5,928.7 million, up 16% year on year and maintaining steady growth. Revenue from the online games and others business amounted to RMB 3,754.1 million, down 28% year on year, primarily due to the high base last year and the decline in revenue from existing games. After release in early 2026, Goose Goose Duck has received positive market reception and has surpassed 30 million cumulative new users. This demonstrated our potential in expanding into new game genres and injected fresh growth momentum into the online games business.”Business ReviewOffice Software and ServicesIn 2025, revenue from the office software and services business increased 16% year-on-year to RMB 5,928.7 million. Revenue from this segment in the fourth quarter of 2025 also grew 17% year-on-year to RMB 1,750.4 million. The WPS individual business, WPS 365 business, and WPS software business all delivered growth in 2025.Kingsoft Office Group continues to advance its core strategy of "AI, Collaboration, and Internationalization". The Company is pursuing a dual-track approach, encompassing "Office AI Reconstruction and Upgrade" and "AI Office Native Exploration." On one hand, it is driving a comprehensive intelligent upgrade across its existing WPS component suite to reshape the full-scenario office experience. On the other hand, it is exploring an agent-native office paradigm, with its office AI agent "WPS Lingxi" evolving into an "all-around AI office companion," marking an entry into the era of office AI agents. WPS 365 has undergone a comprehensive AI-driven upgrade, establishing a multi-dimensional framework that spans technology infrastructure, collaboration systems, intelligent search, and digital employee ecosystems— comprehensively empowering enterprises in their digital and intelligent transformation while enhancing office collaboration and operational efficiency. The Company's international expansion is progressing steadily, with advancement of the international personal version of WPS product upgrades and overseas node deployment, and the international version of WPS 365 now offering globally integrated office capabilities.For WPS individual business, the user base continued to expand steadily, with both domestic and international operations achieving quality growth. The number of WPS cloud documents in China surpassed 290 billion, reflecting sustained user engagement. The multi-platform product strategy yielded notable results. In overseas markets, the cumulative number of paying users grew substantially, with particularly strong growth among large-screen users.For WPS 365 business, the Company continued to advance product and service upgrades guided by the core principles of integration, intelligence, and internationalization, launching industry-specific editions. The Company further consolidated its advantage among central and state-owned enterprises, while accelerating expansion into private enterprises, foreign-invested enterprises, and local state-owned enterprises, while also advancing channel ecosystem development to further enhance its market presence.For WPS software business, the Company actively participated in domestic office software tenders from governments and enterprise clients, maintaining industry leadership in the flow-layout and fixed-layout document markets. Kingsoft continued to advance the implementation of government digitalization projects, support the development of digital platforms in multiple regions, and effectively empower the intelligent upgrading of government office operations.Online Games and othersThe online games and others business generated revenue of RMB 3,754.1 million in 2025, with fourth-quarter revenue amounting to RMB 867.9 million.In the fourth quarter, the Company’s flagship PC game JX3 Online(剑网3) enhanced its costume design through technological upgrades, and its Chinese aesthetic style was widely praised by players. The version optimization and service upgrades completed at the end of 2025 have received positive market feedback, and we will further increase investment in gameplay and narrative experience. Our classic JX series PC games and its inherited mobile games like World of Sword: Origin, continued to iterate on content and versions, maintaining stable operations in both domestic and overseas markets.Social deduction game Goose Goose Duck officially launched in January 2026. It recorded over 5 million new users on launch day, surpassed 30 million cumulative new users, and ranked No.1 on the iOS free chart for most of the past two months. Driven by word-of-mouth and organic traffic, it penetrated the broader social circle.Two casual games from the Angry Birds series also received publishing licenses and are expected to launch in China in 2026, further enriching our casual games portfolio. Starsand Island, our cozy pastoral life simulation game began early access in February 2026. With its unique art style and gameplay, the game established a good reputation among core players worldwide. Going forward, we will actively optimize the game based on player feedback to lay a solid foundation for the official version launch in the second half of the year.Mr. Jun LEI concluded, “Looking ahead, Kingsoft Office Group will deepen the application of AI agent technology across full-scenario office environments, strengthen the core competitiveness of WPS 365 as an intelligent collaboration platform, and accelerate the execution of its internationalization strategy. For online games business, we will continue to focus on premium content development and global publishing, sustain the vitality of classic IPs, and foster the growth of new game genres to achieve sustainable development. We will deepen technological innovation and commercial expansion, actively expand global market opportunities, and create long-term value for our shareholders.”About Kingsoft Corporation LimitedKingsoft (3888.HK) is a leading Chinese software and internet service company listed on the Hong Kong Stock Exchange. It has three main subsidiaries: Kingsoft Office, Seasun Holdings and Kingsoft Shiyou. With the implementation of the “transformation toward mobile internet” strategy, Kingsoft has completed a comprehensive transformation in its overall business and management model. The Company has established a strategic layout with office software and interactive entertainment as its pillars, and cloud services and artificial intelligence as its new starting points. Kingsoft has nearly 9,000 employees worldwide and holds a significant market share domestically. For more details, please refer to http://www.kingsoft.com.Kingsoft Investor Relations:Li YinanTel: (86) 10 6292 7777Email: ir@kingsoft.comFor further queries, please contact Hill and Knowlton:Ovina ZhuTel: (852) 2894 6315Email: kingsofthk@hkstrategies.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Financial Highlights For the year ended 31 DecemberChanges2024HK$ million2025HK$ millionTotal revenue5,2305,765+ 10.2%Gross profit1,4811,780+ 20.2%Gross profit margin28.3%30.9%+ 2.6 ppAdjusted EBITD 1433646+ 49.2%Net profit257431+ 67.7%Basic earnings per shareHK3.79 centsHK6.34 cents+ 67.3%Final dividend per shareHK0.45 centHK1.14 cents+ 153.3%1 Adjusted EBITD represents earnings before interest, tax and depreciation charge on the self-owned flagship store, which reflects the Group’s core operating performance HONG KONG, Mar 25, 2026 - (ACN Newswire via SeaPRwire.com) - Emperor Watch & Jewellery Limited (“Group” or “Emperor W&J”) (Stock code: 887), a leading retailer of European-made watches and jewellery products, announced its annual results for the year ended 31 December 2025 (“Year”).During the Year, the Group delivered an encouraging performance amidst market uncertainties and challenges. The Group’s total revenue grew by 10.2% to HK$5,765 million (2024: HK$5,230 million). Revenue from Hong Kong increased by 13.3% to HK$3,313 million (2024: HK$2,923 million), accounting for 57.5% (2024: 55.9%) of the total revenue, and revenue from Chinese Mainland increased by 20.3% to HK$1,625 million (2024: HK$1,351 million), accounting for 28.2% (2024: 25.8%) of the total revenue. In terms of revenue by product segment, the revenue from the watch segment increased by 5.8% to HK$3,529 million (2024: HK$3,337 million), accounting for 61.2% (2024: 63.8%) of the total revenue, and the revenue from the jewellery segment increased by 18.1% to HK$2,236 million (2024: HK$1,893 million), accounting for 38.8% (2024: 36.2%) of the total revenue, with gold products accounting for 72.4% (2024: 72.4%) of the revenue from the jewellery segment.The Group’s gross profit was up by 20.2% to HK$1,780 million (2024: HK$1,481 million) with an improved gross profit margin of 30.9% (2024: 28.3%). The Group’s net profit significantly increased by 67.7% to HK$431 million (2024: HK$257 million) during the Year. Basic earnings per share was HK6.34 cents (2024: HK3.79 cents). The Group has recommended the payment of a final dividend of HK1.14 cents (2024: HK0.45 cent) per share. Together with the interim dividend of HK0.55 cent (2024: HK0.65 cent) per share, the total dividends for the full year are HK1.69 cents (2024: HK1.10 cents) per share.As at 31 December 2025, bank balances and cash on hand of the Group amounted to HK$1,610 million (2024: HK$950 million). Since the Group was in a net cash position, hence its net gearing ratio was zero (2024: zero).During the Year, the Group successfully partnered with Mr. Chan Sai Cheong, an influential and highly respected jewellery industry veteran with over 40 years of experience, regarding strategic development of the Group’s jewellery business in Chinese Mainland. As at 31 December 2025, there were 11 jewellery stores in Chinese Mainland. The Group targets to open approximately 40 stores in Chinese Mainland in 2026 targeting the mid-market segment, with 50% in first-tier and new first-tier cities, and the remaining 50% in second-tier cities.As at 31 December 2025, the Group had a total of 64 stores in Hong Kong, Macau, Chinese Mainland, Singapore and Malaysia. During the Year, in addition to the jewellery stores opened in Chinese Mainland, the Group opened three new jewellery stores in Hong Kong and Macau. Additionally, a Patek Philippe flagship store in Hong Kong, an IWC boutique in Macau, a Tudor boutique and a Rolex boutique were opened in Chinese Mainland, to further enhance the Group’s market presence.In 2026, the Group plans to open a multi-storey Rolex boutique and a multi-brand watch store on Canton Road in Tsim Sha Tsui, one of the world’s prime shopping streets. These stores will further enhance the Group’s competitive edge in the luxury watch retail market and strengthen its market leading position.Ms. Cindy Yeung, Chairperson of Emperor W&J, said, “Facing the volatile global economy with abundant challenges, the Group expects that consumers will tend to be cautious regarding overall spending. However, gold jewellery, as an alternative form of investment, will continue being well received by Chinese consumers. With the establishment of the strategic partnership with Mr. Chan, the Group will effectively expand its retail network footprint with diversified market segmentation strategies, thereby capturing a share of the enormous opportunities in the Chinese Mainland market.”Ms. Yeung concluded, “The Group expects that the pace of recovery of the global luxury retail market, especially in the Chinese Mainland and Hong Kong, will be maintained. Free from the concerns of a potential earthquake and political tensions, Chinese consumers generally regard Hong Kong as the destination for luxury watch shopping. This is also supported by tourism stimulus measures such as high profile concerts and mega international events, which will attract more mid-to-high-end consumers to Hong Kong. The Group will continue enhancing its competitive edge and further expand its market presence, and strive to seize the opportunities.”About Emperor Watch & Jewellery LimitedWith long establishment history of over 80 years in Hong Kong since 1942, Emperor W&J (887.HK) is a leading retailer principally engages in the sale of European-made internationally renowned watches, and jewellery products under its own brand, “Emperor Jewellery”. Through its comprehensive watch dealership, unique marketing campaigns and extensive retail network at prime locations in Hong Kong, Macau, Chinese Mainland, Singapore and Malaysia, Emperor W&J established a strong brand image amongst its target customers ranging from middle to high income groups worldwide. In recognition of its efforts in investor relations communications, Emperor W&J was granted with “Best IR Company” (Small Cap), “Best IR Team” (Small Cap) and “Best Investor Presentation Material” (Small cap) in HKIRA Investor Relations Awards 2025 by the Hong Kong Investor Relations Association. For more information, please visit its website: www.EmperorWatchJewellery.com.Investor/Media EnquiriesAnna LukGroup Investor Relations DirectorTel: +852 2835 6783Email: annaluk@emperorgroup.comJanice AuGroup Investor Relations ManagerTel: +852 2835 6799Email: janiceau@emperorgroup.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
SINGAPORE, Mar 25, 2026 - (ACN Newswire via SeaPRwire.com) - CropLife Asia, the regional voice of the plant science industry, last week announced a new lineup for the organization’s Office Bearers within the Board of Directors. Following the CropLife Asia 2026 Annual General Meeting, Ms. Simone Barg was re-installed as President of CropLife Asia with immediate effect.Ms. Simone Barg, Senior Vice President for BASF Agricultural Solutions Asia Pacific, is a seasoned executive known for her strong growth orientation and commitment to both customers and people. Based in Singapore, she brings more than two decades of experience with BASF, where she has led businesses across B2B and B2C segments and steered major transformation initiatives.The new roster for the CropLife Asia Office Bearers is as follows:Ms. Simone Barg (BASF Agricultural Solutions) – PresidentMr. Paul Luxton (Syngenta) – Vice-PresidentMs. Malu Nachreiner (Bayer Crop Science) – TreasurerMs. Brook Cunningham (Corteva Agriscience) – SecretaryMr. Rahoul Sawani (FMC) – MemberMr. Dai Ito (Sumitomo) – Member“I am honored to serve again in this role at such a pivotal moment for agriculture in our region. Our industry plays a vital role in supporting farmers and enabling more sustainable food production. Together with our members and partners, we will continue advancing science-based solutions, keeping farmers at the center, and strengthening the resilience and sustainability of food systems across Asia Pacific,” said Ms. Simone Barg, President of CropLife Asia.About CropLife AsiaCropLife Asia is a non-profit society and the regional organization of CropLife International, the voice of the global plant science industry. We advocate for a safe, secure food supply, and our vision is food security enabled by innovative agriculture. CropLife Asia supports the work of 15 member associations across the continent and is led by six member companies at the forefront of crop protection, seeds and/or biotechnology research and development. For more information, visit us at www.croplifeasia.org. For more information please contact:Duke HippDirector, Public Affairs & Strategic Partnerships CropLife AsiaTel: (65) 8223 3086duke.hipp@croplifeasia.org Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
香港, 2026年3月25日 - (亚太商讯 via SeaPRwire.com) - 2025年,中国餐饮行业步入存量博弈新阶段,连锁化加速与消费需求升级并行,市场竞争更趋激烈。在此背景下,绿茶集团(6831.HK)凭借深厚的品牌积淀、成熟的运营体系与持续的模式创新,交出了一份亮眼的成绩单,彰显出头部品牌的强劲发展势能。数据显示,2025年,绿茶集团实现营业收入人民币4,762.97百万元,同比增长24.1%;经调整净利润人民币508.89百万元,同比大幅增长41.0%,门店总数突破609家,同比增长31.0%。在行业承压的大环境下,公司经营业绩远超同业水平,展现出极强的经营韧性。一、同店运营韧性十足,筑牢发展压舱石靓丽成绩的背后,是绿茶集团多年来对同店运营韧性的坚守,以及对新店模型持续优化的深耕。在同店方面,2025年,绿茶集团同店业绩与2024年基本持平,在餐饮行业存量竞争加剧、人均消费承压下行的背景下,这一稳健表现,充分印证了公司同店运营具备扎实的经营韧性与可持续的抗风险能力。这份穿越行业周期的稳定表现并非偶然,而是源于公司融合菜、质价比、新国风三大核心能力的长期积淀与协同发力。1.融合菜:构建全国化的门店网络,实现产品常青融合菜作为绿茶集团的产品核心,以强大的适应能力与研发能力,构建起全国化的产品壁垒。在产品结构上,绿茶菜单以全国通用菜品、地方特色菜品与时令菜品有机组合,既坚守经典菜系的风味底蕴,又可依据不同区域的口味偏好灵活本土化适配,实现对不同区域消费者口味的全面覆盖,持续拉动客流与用户增长。同时,在菜品的研发创新上,公司依托全国性的餐厅网络构建起高效的市场洞察体系,能够快速捕捉各地餐饮流行趋势,在借鉴优秀经验的基础上进行本土化改良与创新后推向全国,形成了「快速发现、精准改良、高效落地」的研发死循环,后发而先至。凭借这些核心能力,绿茶集团不仅成为业内唯一实现全国高密度布局的中餐品牌——除西部四个省份外,还在全国近150座城市完成密集布局;此外,公司亦通过持续且精准的菜品上新,有效应对菜系潮流与消费口味的快速迭代,实现产品层面的「常青」发展。数据显示,2025年,绿茶集团推出约500+道新品,既让经典菜品持续焕发新活力,也牢牢锁住了消费者的味蕾,进而为公司业绩增长提供了强劲动能。2.质价比:构建成本结构护城河,实现经营常青质价比是绿茶集团的经营底色,通过规模化与标准化的深度融合,公司持续优化采购、运营及供应链体系,精炼成本结构,赋予品牌极强的盈利能力与抗风险能力。在规模化层面,公司将门店扩张的规模优势持续转化为成本优势,通过集中规模化采购降低食材采购成本,采用统一的装修模版压缩门店装修投入等措施,实现全链路成本管控,驱动公司2025年经调整净利润率同比提升1.3个百分点。在标准化层面,公司第三代供应链体系、高度标准化的SOP流程与智能化厨房设备形成协同效应,构建起高效的运营体系,在保持食材新鲜的基础上,大幅提升后厨出餐效率、降低人工成本,实现了「标准化生产」与「现做现吃」的完美结合。规模化与标准化的深度融合,为绿茶集团构筑起行业领先的成本结构,不仅让公司在行业下行周期依旧保持强劲的盈利能力,还让公司能够以行业最具竞争力的客单价,为消费者提供一流的菜品质量、用餐环境和服务体验。这种高质价比的消费体验,既能持续吸引新老顾客、形成良性口碑传播效应,又能不断提升用户消费粘性,构建正向循环,最终助力公司实现长期稳健发展。3.新国风:构建独特品牌形象,实现品牌常青新国风是绿茶集团构建差异化竞争壁垒、树立独特品牌心智的核心标识。公司以江南文化为精神内核,将东方美学底蕴与现代餐饮体验深度融合,匠心打造记忆点鲜明、识别度极高的沉浸式用餐空间,让每一家门店都成为自带传播属性的文化场景与流量载体。凭借这一独具特色的品牌形象,绿茶集团成功在同质化竞争日趋激烈的餐饮市场中脱颖而出,成为消费者心中「中式用餐美学」的经典代名词,持续为门店汇聚稳定的自然流量与市场关注。更重要的是,新国风为品牌注入了绵延不绝的文化生命力,助力绿茶集团突破传统餐饮品牌的生命周期局限,以文化价值驱动商业价值,实现长期稳健的高质量增长与品牌价值持续攀升。依托新国风的独特的品牌文化与东方美学体验,绿茶集团在海外战略布局中形成了差异化竞争优势,并迅速打开国际市场,截至2025年底,公司境外门店达14家,覆盖亚太4个核心市场,包括新加坡、泰国、马来西亚及中国香港地区,全年境外收入同比增长16倍,突破1.4亿元,出海业绩实现跨越式增长,整体呈现出强劲且持续向上的增长曲线。二、新店模型持续优化升级,激活增长新引擎如果说同店韧性是绿茶集团的「压舱石」,那么新店模型的持续优化便是公司的「增长引擎」。1.数据左证:新店核心指标全面领跑2025年,绿茶集团通过对单店模型的精准打磨,让新店在堂食坪效、利润率、投资回报期及ROIC(投入资本回报率)等核心指标上全面优于老店,实现了从「门店扩张」到「规模释放」的质变。从核心经营数据来看,新店模型的优势尤为突出。2025年新店堂食坪效达1,953元/㎡/月,较老店1,316元/㎡/月实现大幅提升;单店利润率新店为15.9%,优于老店的15.7%;投资回报周期新店仅12.6个月,远短于老店的19.3个月;ROIC方面新店更是达到73.1%,显著高于老店的47.4%,各项核心指标全面领跑。2.模型优化:全维度升级捕捉消费潜力新店模型的成功,源于绿茶集团对市场变化的敏锐洞察与快速应变能力。在模型优化上,绿茶集团近年来对新店进行全维度升级。在门店选址上,公司采用「分区加密+广度下沉」双轮驱动策略,在一线及新一线城市核心商圈加密布局的同时,加速向二线以下城市下沉,2025年,公司新进16个二线以下城市,精准捕捉下沉市场的消费潜力。在门店设计上,绿茶集团持续优化装修模版,在融合中国传统文化的同时不断适应年轻人的需求,同时针对不断变化的消费习惯和趋势变化,优化空间布局,提高餐桌利用率和门店的经营效率,在优化成本结构的同时,提高门店前厅的运营效率。;在运营效率上,公司不断优化智能化厨房设备与数字化管理系统,在保证食材新鲜的基础上,提高了产品的标准化和口味的稳定性。同时不断升级的数字化管理系统也降低了管理难度,提高了门店的管理运行效率。新店模型的高效优化与同店韧性形成共振,驱动绿茶集团在2025年实现了营收与利润的双高增长,核心财务指标全面向好。除了24.1%的营收增速与41.0%的经调净利润增速,公司2025年经营性现金流达10.5亿元,同比增加43.8%,现金流十分充裕,,经营质效与规模实现良性协同增长。总体而言,绿茶集团2025年的亮眼业绩,不仅是同店韧性与新店模型优化双轮驱动的必然结果,更是公司核心竞争力的集中体现。未来,在消费升级及餐饮行业持续回暖的背景之下,绿茶集团有望进一步巩固规模优势、提升市场份额与盈利能力,在中式连锁餐饮的赛道中持续领跑。 Copyright 2026 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com