HONG KONG, Nov 17, 2025 - (ACN Newswire via SeaPRwire.com) – iRad Hospital, the pioneering resort medical facility located at Studio City, today announced the signing of a cooperation agreement with Hong Kong Sanatorium & Hospital. This partnership launches comprehensive cross-border medical concierge services, reinforcing the Macau government's "1+4" moderate economic diversification framework and supporting Macau's emergence as a medical tourism destination.This strategic alliance enables seamless connectivity of medical services between the two regions, providing patients with access to expanded specialty medical resources through iRad's medical concierge platform.Combining Hong Kong Sanatorium & Hospital's 103-year legacy of comprehensive medical excellence with iRad's over 20 years of professional medical experience and resort-integrated healthcare model, this partnership establishes an unprecedented healthcare network covering the Pearl River Delta region.The medical concierge program facilitates integrated care coordination, efficient cross-institutional scheduling, and personalized treatment plans utilizing resources from both institutions. This comprehensive approach ensures seamless continuity of care, delivering better clinical outcomes for patients seeking medical services in the region.Mr. Lawrence Ho, Founder of Black Spade Capital and Chairman & CEO of Melco, stated, "The collaboration between iRad and Hong Kong Sanatorium & Hospital demonstrates our commitment to advancing Macau's '1+4' industrial transformation agenda, creating vital healthcare connections between the two regions, enriching Studio City's health tourism offerings while expanding healthcare options for the Greater Bay Area community."Mr. Wyman Li, Chief Operating Officer of HKSH Medical Group, remarked, "Partnering with iRad reflects our vision of borderless healthcare, bringing exceptional value to patients in both markets, developing new approaches for the Greater Bay Area, and further deepening collaborative innovation across various sectors within the region."Photo caption: (From left to right) HKSH Head of Business Development Mr. Wei-Hsu Chen, iRad Hospital Founder & Chairman Dr. Matthew Ngan, HKSH Medical Group Chief Operating Officer Mr. Wyman Li, Black Spade Capital Founder and Melco Chairman & CEO Mr. Lawrence Ho, Black Spade Capital CEO and iRad Hospital Honorary Chairman Mr. Dennis Tam, HKSH Assistant Medical Superintendent Dr. Lau Chor Chiu, and iRad Hospital CEO Mr. Kin Wong celebrate the strategic partnership between iRad Hospital and Hong Kong Sanatorium & Hospital.About HKSH Medical GroupOfficially launched in September 2017, HKSH Medical Group promotes public health and advanced medicine through a multi-faceted, coordinated approach across clinical services, medical education, scientific research and public health education. Members of the Group, including Hong Kong Sanatorium & Hospital, HKSH Healthcare and HKSH Eastern Medical Centre, are dedicated to offering top-quality holistic care to patients, upholding the motto “Quality in Service, Excellence in Care.”Hong Kong Sanatorium & Hospital is a key member of HKSH Medical Group. Established in 1922, it is one of the leading private hospitals in Hong Kong. Living up to its motto of “Quality in Service Excellence in Care,” the Hospital is committed to serving the public as well as promoting medical education and research.For more information about HKSH Medical Group, please visit www.hksh.com.About iRad Medical Group—Hong Kong's Largest MRI Diagnostic Service ProviderEstablished in 2005, iRad is a trusted leader in diagnostic radiology across Hong Kong. Black Spade Capital has been iRad Medical's controlling shareholder since 2021. As at 2024, iRad was the largest MRI diagnostic services provider in Hong Kong by revenue and by the number of MRI scanners. Focused on delivering high-quality imaging services and exceptional patient care, the Group's strong and extensive client base includes the Government of the Hong Kong SAR, as well as other high-profile medical groups, corporations, private doctors and NGOs. Meanwhile, iRad Hospital is the first and largest private medical imaging and examination service provider within an integrated resort in Macau, making iRad Group the first medical imaging group in the world to offer comprehensive private imaging and examination services, including MRI and CT services, to the integrated resort industry.Media Enquiries:Strategic Financial Relations LimitedVicky LeeTel: +852 2864 4834Email: vicky.lee@sprg.com.hk Iris Au YeungTel: +852 2114 4913Email: iris.auyeung@sprg.com.hkWebsite: www.sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HONG KONG, Nov 17, 2025 - (ACN Newswire via SeaPRwire.com) – Coinciding with Hong Kong FinTech Week and StartmeupHK Festival, held from November 3 to 7 featuring a series of annual events, the Payment Card Group Limited (“PCG”), a cloud-native payment processor and acquirer, demonstrated its comprehensive business strategy. On November 7, PCG presented its stablecoin settlement pilot program at the Cyberport Venture Capital Forum 2025 (CVCF), demonstrating a technological breakthrough in achieving 5-second cross-border settlement. Additionally, PCG co-organized a forum with the Hong Kong Digital Finance Association (HKDiFi) and shared industry insights on the evolving role of responsible officers. In terms of business development, PCG’s members, Yedpay and BBMSL, have partnered with Visa to launch the “China-Issued Visa Credit Card Instant Discount Program,” helping local merchants expand their mainland customer base. Meanwhile, PCG has continued to promote its “AbbyPay” POS-free digital payment solution at an exchange event with Chiyu Bank and various industry events, driving deeper integration between traditional finance and innovative technology, and demonstrating its forward-looking strategy and industry influence within the digital finance ecosystem.Showcasing stablecoin settlement pilot program at Cyberport Venture Capital Forum 2025On November 7, PCG showcased its latest projects and technological achievements at the Cyberport Venture Capital Forum 2025 (CVCF), including the stablecoin settlement pilot program and the “AbbyPay” POS-free digital payment solution. As the only payment technology company selected in the “Payment & Stablecoin” category under Cyberport’s “Blockchain & Digital Asset Pilot Subsidy Scheme,” PCG launched a stablecoin settlement pilot program with the vision of bridging traditional card payments with Web3 infrastructure. The pilot simulated an Australia-to-Hong Kong transaction using stablecoins within a controlled test environment. Compared to traditional settlement that takes 2 to 3 days and involves high FX and SWIFT costs, stablecoin settlement can be completed under 5 seconds, at 90% lower cost, with on-chain transparency. This solution enables real-time reconciliation, programmable payouts, and cross-border scalability, fully demonstrating the potential of stablecoins to enhance the payment infrastructure.Mr. Michael Hui, Regional Product Director of PCG, stated during the Cyberport’s Blockchain & Digital Asset Pilot Subsidy Scheme use case-sharing session, “With Hong Kong’s Stablecoins Ordinance now in effect, we welcome and support this forward-looking regulatory framework. Thanks to Cyberport, JETCO, our advisors, and industry partners, our pilot program has demonstrated how traditional card payments and Web3 infrastructure can truly come together, achieving stable, efficient, and compliant settlement through blockchain. Looking ahead, we will extend the pilot with merchants across various industries and continue to collaborate with banks, acquirers, and fintech companies to advance industry dialogue and scale adoption, enabling merchants to enjoy faster, more cost-effective, and transparent cross-border payment collections. We believe that with regulated stablecoins, strong compliance, and industry collaboration, Hong Kong is poised to lead the next chapter of digital settlement innovation.”Mr. Michael Hui, Regional Product Director of PCG introduces PCG’s stablecoin settlement pilot program during the Cyberport’s Blockchain & Digital Asset Pilot Subsidy Scheme use case-sharing session.Additionally, Mr. Emil Chan, Advisor of PCG, stated at the panel discussion themed “Stablecoin from a User Perspective: Unlocking New Business Opportunities”, “Stablecoins can bring revolutionary changes to cross-border payments, significantly reducing transaction fees and settlement period. They also enhance financial inclusion, enabling anyone with a smartphone to safely and efficiently access the global market. For merchants, the advantages of stablecoin adoption such as lower fees, instant settlement, and no chargebacks for fraud prevention, can help improve cash flow and attract new customers.”During the panel discussion themed “Stablecoin from a User Perspective: Unlocking New Business Opportunities,” Mr. Emil Chan, Advisor of PCG shares how stablecoins can empower merchants and drive industry transformation.Co-hosting “The New Frontier: ROs as Catalysts for Digital Finance Ecosystems” Forum with Hong Kong Digital Finance AssociationOn the same day, PCG and the Hong Kong Digital Finance Association (HKDiFi) co-hosted an official side event of Hong Kong FinTech Week 2025, “The New Frontier: ROs as Catalysts for Digital Finance Ecosystems” Forum, exploring the new role of responsible officers (ROs) in driving business growth in an increasingly regulated environment. Prof. Emil Chan, Advisor of PCG, and Chairman of the Association of Cloud and Mobile Computing Professionals, remarked, "During PCG's stablecoin settlement research and development process, we witnessed a transformation in the role of ROs. They have evolved from mere compliance gatekeepers into key forces driving innovation. They proactively seek new avenues for innovation, establish frameworks for risk management, build trust with relevant institutions, and set the stage for project success. This shift demonstrates that ROs play a pivotal role in driving success for traditional finance in the digital era."At the Forum, Prof. Emil Chan, Advisor of PCG, and Chairman of the Association of Cloud and Mobile Computing Professionals, Dr. Kenny Siu, Training Director of ESG Academy, Dr. Raymond Chan, Vice Chairman of HKDiFi, and Dr. Hermann Lui, Program Director of Investopedia Institute of Hong Kong, analyze how ROs can redefine their roles to drive business growth.Dialogue with Chiyu Bank senior executives on Hong Kong's digital finance outlookOn October 23, PCG was honored to be invited by the Hong Kong Productivity Council (HKPC) to jointly host senior executives from Chiyu Bank as part of their executive development program centered on “Leadership in Transformation.” Mr. Emil Chan, Advisor of PCG, shared valuable insights on “Opportunities and Challenges in Hong Kong’s Digital Financial Market.” Additionally, PCG team introduced the latest “AbbyPay” POS-free digital payment solution, demonstrating its innovative breakthrough in payment technology. During the event, both parties not only explored the evolving payments landscape in Hong Kong, but also fostered in-depth exchanges between traditional banking expertise and fintech innovation through cross-industry dialogues, driving continuous industry innovation.PCG team engages in a dialogue with Chiyu Bank senior executives to explore the future of digital finance in Hong Kong.Partnering with Visa to help local merchants expand mainland customer baseRecently, PCG members, Yedpay and BBMSL, have partnered with Visa to launch the "China-Issued Visa Credit Card Instant Discount Program." From now until December 31, 2025, China Construction Bank Visa cardholders can enjoy an 8% instant discount on purchases of HK$500 or more at designated stores. Through this initiative, Yedpay and BBMSL aim to help Hong Kong merchants capitalize on the peak shopping season, precisely target high-quality mainland customer segments, and further expand into the mainland market.Yedpay and BBMSL, in partnership with Visa, launch the “China-Issued Visa Credit Card Instant Discount Program” to help Hong Kong merchants capitalize on the peak shopping season and expand their reach into the mainland market."AbbyPay" POS-free digital payment solution receives widespread industry recognitionSince its launch in September, PCG has actively showcased its innovative "AbbyPay" POS-free digital payment solution at various events. In October, PCG introduced "AbbyPay" to investors, industry leaders, and retail technology professionals at the Hong Kong Retail Technology Industry Association's 22nd Anniversary Annual Dinner and the Investment Projects and Talent Matching Fair of the 9th Global Greater Bay Area Sustainable Development Economic and Trade Summit, highlighting how its SoftPOS technology helps eliminate traditional hardware and provide a more convenient and secure payment solution. The enthusiastic response and strong endorsement from participants underscored the solution’s innovative qualities and practical benefits, reinforcing "AbbyPay's" potential in driving industry digital transformation.PCG introduces "AbbyPay" POS-free digital payment solution at the Hong Kong Retail Technology Industry Association's 22nd Anniversary Annual Dinner and the 9th Global Greater Bay Area Sustainable Development Economic and Trade Summit, receiving widespread industry recognition.About The Payment Cards GroupThe Payment Cards Group Limited (“PCG”) is an innovative and leading payment technology company with operations in Hong Kong, Singapore, and the Asia-Pacific region. Established in 2016, PCG has become an acquirer with principal memberships in all major card schemes and e-wallet networks. Yedpay, a member of PCG, has firmly established itself as a digital payment acceptance business in Hong Kong. Meanwhile, A3A, another member of PCG, has developed a cloud-native payment processing platform that operates through RESTful APIs, significantly reducing costs and streamlining complex processes while providing users with real-time transaction data and insights. Furthermore, BBMSL, a core member of PCG, is a payment facilitator, dedicated to offering comprehensive digital payment solutions to Hong Kong’s small and medium-sized enterprises. As an acquiring processor, PCG serves as the backbone infrastructure of the entire payment industry by its Asia’s 1st cloud-based processing and settlement platform. Rooted in Hong Kong with a global vison, PCG seeks to empower merchants with cutting-edge payment technology solutions and drive high-quality development in the global payment ecosystem.For media enquiries, please contact:AJA (IR & Communications)Avy YuTel: (852) 9500 4443Email: avy.yu@ajacapital.com.hk / info@ajacapital.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HONG KONG, Nov 17, 2025 - (ACN Newswire via SeaPRwire.com) – In the context of rapid evolution in the robotics industry, Shoucheng Holdings (0697.HK) is gradually transforming from a traditional infrastructure operator into a new platform company with technological attributes. Its newly released 2025 third-quarter financial report not only demonstrates the company’s solid operating fundamentals, but also clearly conveys its strategic path in the robotics industry chain—from “investment layout” toward “application implementation,” gradually building sustainable long-term growth capability.I. Maintaining High-Speed Growth, with Operating Resilience Further EnhancedThe third-quarter report shows that Shoucheng Holdings’ revenue increased 30% year-on-year to HKD 1.215 billion, while net profit attributable to shareholders rose 22% year-on-year to HKD 488 million. The asset operation business continued to expand, and the asset circulation business maintained high-yield contributions, together forming a stable and predictable operating base for the company.Cash and financial assets reached HKD 8.55 billion, while the asset-liability ratio stood at only 31.5%. The company’s financial structure remains sound, providing sufficient “margin of safety” for new investments and business incubation in robotics. On this steady operating foundation, the company announced a HKD 1 billion share repurchase plan over the next three years, with management demonstrating confidence in corporate value through long-term capital commitment.II. Robotics Enter a Dual-Track Stage of “Investment Deepening + Application Validation”Unlike many market participants who remain at the stage of technology demonstrations or laboratory prototypes, Shoucheng Holdings’ robotics layout already shows a “two-line advancement” pattern:One line upward, deepening investment along the industry chain; One line downward, deploying real application scenarios.(1) Investment deepening: Key industry chain enterprises enter their capital-market sprintThrough its industrial funds, Shoucheng Holdings is investing in humanoid robots, embodied intelligence, flying robots, intelligent perception and other directions, focusing resources on globally competitive enterprises. Recent developments include:Unitree Robotics completing IPO counseling, expected to become the first humanoid robot stock in the A-share market;Yunshengchu completing its shareholding restructuring and officially entering the IPO preparation stage;Multiple enterprises expected to be eligible for listing in 2026.The capital-market progress of these enterprises will bring structural returns to Shoucheng Holdings’ equity investment business and open new space for future profit growth.(2) Application validation: Building a “scenario network” for large-scale robot deploymentTo open the path from “technology” to “commercialization,” Shoucheng Holdings has not stopped at the investment level but has simultaneously built consumer-side and urban-side scenario networks. Examples include:The “Taozhu New Craft Bureau” robot technology experience stores launched in Beijing, Chengdu, and airport landmarks, enabling robots to be “visible, usable, and purchasable”;The “Shoucheng W” robot livestreaming studio, which enhances online reach through real-time demonstrations and consumer conversion models;Pilot deployments of automatic charging robots, surgical robots, and educational robots in education, healthcare, and cultural-tourism scenes.This dual-track structure—investment-driven and scenario-driven—allows Shoucheng to form early-stage resource barriers in “data, users, and demand,” becoming a key foundation for long-term expansion in the robotics sector.III. From High-Speed Growth Toward Long-Term Expansion: 2026 as the Key Inflection PointShoucheng Holdings is entering a critical stage of transitioning from “performance growth” to a “growth logic” model.On the financial side, stable asset operations provide a sufficient safety cushion;On the industrial side, investments, scenario deployments, and capital-market progress in robotics are forming a reinforcing cycle.As Unitree Robotics, Yunshengchu and other core enterprises enter the listing channel—combined with the nationwide rollout of experience stores, commercialization of autonomous charging robots, and expanding humanoid robot applications—the company’s robotics business is expected to enter a “quantifiable contribution phase” in 2026.In other words, over the past two years, Shoucheng Holdings has focused on building “infrastructure,” while in the coming years, it will begin to demonstrate “long-term growth attributes.”Based on a foundation of solid financials and forward-looking industrial layout, Shoucheng Holdings is gradually forming a dual-engine model of “robotics investment + application.” As the industry approaches the window of scenario scale-up, the company is already positioned strategically. High-speed growth is the present; long-term growth is the direction. For Shoucheng Holdings, 2026 may only mark the beginning of a new stage. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
香港, 2025年11月17日 - (亚太商訊) - 在机器人产业快速演进的当下，首程控股（0697.HK）正在从传统基础设施运营商，逐步转型为具备科技属性的新型平台公司。其最新发布的2025年第三季度财报，不仅展现了公司稳健的经营基本面，也清晰传递出其在机器人产业链上的战略路径——从"投资布局"迈向"应用落地"，并逐步构建可持续的长期成长能力。一、业绩保持高速增长，经营韧性进一步增强三季报显示，首程控股收入同比增长30%至12.15亿港元，归母净利润同比提升22%至4.88亿港元。资产运营业务持续扩张，资产融通业务保持高收益贡献，合计形成公司稳定、可预期的经营底盘。现金与理财资产规模达到85亿港元，资产负债率仅31.5%，财务结构稳健，这为公司进入机器人领域的新投资与新业务孵化提供了足够的"安全边际"。在稳健经营基础上，公司宣布未来三年实施10亿港元股份回购，管理层通过长期资金承诺进一步验证了对公司价值的信心。二、机器人进入"投资深化+应用验证"双轨阶段与大多数停留在技术展示或实验室阶段的市场参与者不同，首程控股的机器人布局已呈现"双线推进"的特征：一端向上，深耕产业链投资；一端向下，布局实际应用场景。（1）投资深化：产业链关键企业陆续进入资本化冲刺期首程控股通过旗下产业基金布局人形机器人、具身智能、飞行机器人、智能感知等方向，并将资源集中在具备全球竞争力的企业。近期进展包括：宇树科技完成IPO上市辅导，有望成为A股人形机器人第一股；云深处完成股改，正式进入上市筹备阶段；多家企业在2026年具备登陆资本市场的条件。这些企业的资本化进程，将为首程控股的股权投资业务带来结构性收益，为未来利润增长打开新增空间。（2）应用验证：构建机器人大规模落地的"场景网络"为了打通机器人从"技术"到"商业"的通路，首程控股并未止步于投资端，而是同步搭建消费和城市端的场景网络。例如："陶朱新造局"机器人科技体验店在北京、成都及机场等多个地标落地，实现机器人"看得见、用得上、买得到"；"首程W"机器人直播间以实时展示与消费转化模型，补齐线上触达能力；在教育、医疗、文旅等场景中推进自动充电机器人、手术机器人、教学机器人等落地试点。投资驱动与场景驱动的双轨结构，使首程能够在机器人产业的早期阶段形成"数据、用户、需求"三类资源壁垒，构成长线增长的重要基础。三、从高速增长迈向长期成长：2026年将成为关键分界线首程控股正经历从"业绩增长"向"成长逻辑"转变的关键阶段。财务端，公司以稳健资产运营提供足够安全垫；产业端，机器人业务的投资、应用场景、资本化进展正在形成互相强化的循环。随着宇树科技、云深处等核心企业进入上市通道，加之体验店全国布局、自动充电机器人商用化、人形机器人应用不断丰富，公司机器人业务预计将在2026年进入"可量化贡献期"。换句话说，过去两年首程控股着力构建的是"基础设施"；而未来几年，将开始体现"长期成长性"。首程控股以稳健财务与产业前瞻布局为基础，逐步形成"机器人投资+应用"双轮驱动的商业模型。在行业即将迎来场景放量的窗口期，公司已处在结构性优势位置。高速增长是现状，长期成长是方向，2026年对首程控股而言，或许只是一个全新阶段的开始。 Copyright 2025 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
DUBAI, Nov 17, 2025 - (ACN Newswire via SeaPRwire.com) - On October 31, 2025, General Atomics Aeronautical Systems, Inc. (GA-ASI) completed its "third lifetime" of full-scale fatigue (FSF) testing for the MQ-9B Remotely Piloted Aircraft (RPA). Completion of FSF testing for the third and final lifetime includes a total of 120,000 operating hours (40,000+ flight hours per aircraft life) for the RPA and is a key milestone in validating the design of the airframe. The testing verifies the airframe structural integrity in support of certification to the NATO STANAG 4671 standard.The aim of the testing is to identify any potential structural deficiencies ahead of fleet usage and assist in developing inspection and maintenance schedules for the airframe. Test results will be used as documentation for certification and will form the basis for in-service inspections of structural components."The completion of our full-scale fatigue test validates years of GA-ASI design and analysis efforts," said GA-ASI President David R. Alexander. "The first two lifetimes simulated the operation of the aircraft under normal conditions, and the third intentionally inflicted damage to the airframe's critical components to demonstrate its ability to tolerate operational damage that could occur over the lifetime of the aircraft."Testing was conducted from December 13, 2022, through October 31, 2025, at Wichita State University's National Institute for Aviation Research in Wichita, Kansas. The airframe tested was a production airframe purpose-built to support the test campaign.MQ-9B is GA-ASI's most advanced RPA and includes the SkyGuardian® and SeaGuardian® models as well as the new Protector RG Mk1 that is currently being delivered to the United Kingdom's Royal Air Force (RAF). In addition to the RAF, GA-ASI has MQ-9B procurement contracts with Belgium, Canada, Japan, Taiwan, Poland, India, Denmark, and the U.S. Air Force in support of the Special Operations Command. MQ-9B has also been featured in various U.S. Navy exercises, including Northern Edge, Integrated Battle Problem, RIMPAC, and Group Sail.About GA-ASIGeneral Atomics Aeronautical Systems, Inc., is the world's foremost builder of Unmanned Aircraft Systems (UAS). Logging more than 9 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle®, MQ-20 Avenger®, and MQ-9B SkyGuardian®/SeaGuardian®. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike.For more information, visit www.ga-asi.com.Avenger, EagleEye, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.Contact InformationGA-ASI Media Relationsasi-mediarelations@ga-asi.com(858) 524-8101SOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
DUBAI, Nov 17, 2025 - (ACN Newswire via SeaPRwire.com) - Following their announcement to bring Airborne Early Warning and Control (AEW&C) capability to the world's leading Remotely Piloted Aircraft (RPA) platform, General Atomics Aeronautical Systems, Inc. (GA-ASI) and Saab will now team up to demonstrate the capability in the summer of 2026. The demo will be conducted at GA-ASI's Desert Horizon flight operations facility in Southern California using a GA-ASI MQ-9B equipped with AEW&C supplied by Saab.In partnership with Saab, a leading company in AEW&C systems, GA-ASI is pairing Saab's AEW sensors with the world's longest-range, highest-endurance RPA, the MQ-9B. At sea or over land, adding AEW capabilities on MQ-9B enables persistent air surveillance and enables AEW in areas of the world where it doesn't currently exist or is unaffordable, such as for navy aircraft carriers at sea."Adding AEW&C to the MQ-9B brings a critical new capability to our platform," said GA-ASI President David R. Alexander. "We want to deliver a persistent AEW&C solution to our global operators that will protect them against sophisticated cruise missiles as well as simple but dangerous drone swarms."MQ-9B models include the SkyGuardian® and SeaGuardian®, the United Kingdom's MQ-9B variant known as Protector, and the new MQ-9B STOL (Short Takeoff and Landing) configuration currently in development.The AEW solution for MQ-9B will offer critical aloft sensing to defend against tactical air munitions, guided missiles, drones, fighter and bomber aircraft, and other threats. Operational availability for a medium-altitude, long-endurance UAS is the highest of any military aircraft, and as an unmanned platform, its aircrews are not put into harm's way.GA-ASI and Saab's AEW offering will span a wide range of applications, including early detection and warning; long-range detection and tracking; and simultaneous target tracking and flexible combat system integration - all over line-of-sight and SATCOM connectivity.About GA-ASIGeneral Atomics Aeronautical Systems, Inc., is the world's foremost builder of Unmanned Aircraft Systems (UAS). Logging more than 9 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle®, MQ-20 Avenger®, and MQ-9B SkyGuardian®/SeaGuardian®. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike.For more information, visit www.ga-asi.com.Avenger, EagleEye, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.Contact InformationGA-ASI Media Relationsasi-mediarelations@ga-asi.com(858) 524-8101SOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HONG KONG, Nov 17, 2025 - (ACN Newswire via SeaPRwire.com) – As the public subscription for Chuangxin Industries Holdings Limited (“Chuangxin Industries”; Stock Code: 02788.HK) entered its second day, the market response has been overwhelmingly positive. The company officially launched its initial public offering on November 14, 2025, with 17 cornerstone investors’ participation—a move that further bolsters investor confidence. As a leading player in China’s upstream aluminum sector, the company is offering 500 million shares subject to the Over-allotment Option, within a price range of HK$10.18 – HK$10.99 per share, aiming to raise up to HK$5,495 million. The public subscription period will run until November 19, 2025, with an entry fee of approximately HK$5,550 for a board lot of 500 shares, ahead of its expected listing on the HKEX Main Board on November 24, 2025.Chuangxin Industries specializes in alumina refining and aluminum smelting—two of the most value-added segments of the aluminum industry chain. With a proven track record of cost leadership, proactive green transition initiatives, and a highly integrated operational ecosystem, the company is strategically positioned to capitalize on growing global demand for aluminum—particularly low-carbon aluminum, which is increasingly favored in sectors such as electric vehicles, renewable energy infrastructure, and consumer electronics.One of the standout features of Chuangxin Industries is its strategic presence in resource-rich regions such as Inner Mongolia and Shandong Province. The company’s aluminum smelter in Huolinguole ranked as the fourth-largest production base of electrolytic aluminum in 2024 in North China. This location offers the company a decisive advantage in power costs, supported by self-generation capabilities and abundant local energy resources. In 2024, the company’s coal-fired power cost stood at just RMB0.37 per kWh, notably below the national average of RMB0.43 per kWh. By May 2025, this figure had further dropped to RMB0.33 per kWh—a clear indicator of continuous operational optimization.This low-cost energy structure has enabled Chuangxin Industries to achieve a cash cost of aluminum of approximately RMB15,112 per ton in 2024, significantly lower than the industry average of approximately RMB17,700 per ton in China. According to CRU, the company ranked among the top 5% of all aluminum smelting companies in China in terms of cost efficiency, reinforcing its competitive edge both domestically and globally.Aligned with China’s national goals to peak carbon emissions by 2030 and achieve carbon neutrality by 2060, Chuangxin Industries is moving decisively toward green power adoption. The company is currently constructing wind and solar power plants with a total projected installed capacity of 1,750.0 MW. By the end of 2026, it aims to source over 50% of its energy from renewables—doubling the national mandate of 25%. This transition not only supports environmental targets but also drives down long-term operational expenses. Based on the estimates, the delivered cost of green power is expected to be as low as RMB0.10–0.18 per kWh, substantially below current coal-powered rates, thereby enhancing profitability and insulating the company from potential carbon price increases.Another pillar of Chuangxin Industries’ competitive strength lies in its self-sufficient operational model. Electricity represents a major portion of production costs in aluminum smelting, and the company’s electricity self-sufficiency rate reached approximately 88% in 2024, far exceeding the industry average of around 57%. This high level of energy autonomy not only stabilizes production but also shields the company from grid price volatility. In addition, the company maintains a high rate of alumina self-sufficiency, with an annual designed production capacity of 788.1kt for electrolytic aluminum and 1,200.0 kt for alumina—ensuring a reliable and cost-effective supply of key raw materials.Geographic advantages further amplify Chuangxin Industries’ market positioning. Its Inner Mongolia smelter is located within a 25 km radius of downstream customers boasting a combined production capacity of over 1.9 million tons—far exceeding its own annual output of 788.1 kt. This proximity not only reduces transportation costs but also enables the sale of liquid aluminum, which must be delivered within a narrow 50 km radius. Supported by its high rates of self-sufficiency in both electricity and alumina supply, Chuangxin Industries has established a synergistic, integrated ecosystem that ensures unique competitiveness across the electrolytic aluminum industry chain and shields the company from market volatility. Financially, Chuangxin Industries has demonstrated impressive growth and operational efficiency. Revenue increased from RMB13.8 billion in 2023 to RMB15.2 billion in 2024, and surged by 22.6% year-on-year to RMB7.2 billion in the first five months of 2025. Gross profit margin improved markedly from 16.9% in 2023 to 28.2% in 2024, reflecting both improved cost control and favorable industry dynamics. These results underscore the company’s ability to capitalize on market upcycles while maintaining structural cost advantages.Looking ahead, Chuangxin Industries is not resting on its achievements. The company has unveiled plans to establish a 500 kt aluminum smelting facility in Yanbu, Saudi Arabia—a strategic move that will leverage the country’s low-cost natural gas resources and prime location near the Red Sea. This expansion will facilitate efficient export of aluminum products to markets in Europe and the United States via the Suez Canal.The IPO of Chuangxin Industries arrives at a pivotal moment, with global aluminum demand being steadily driven by transitions in transportation, energy, and digital infrastructure. With its industry-leading cost structure, clear green transformation roadmap, and fully integrated value chain, Chuangxin Industries is not merely a commodity producer—it is a forward-looking industrial operator committed to sustainable and high-quality growth. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Belem, Brazil, Nov 15, 2025 - (ACN Newswire via SeaPRwire.com) - The Government of Indonesia reaffirmed its determination to lead global efforts in tackling climate change and accelerating the transition toward Net Zero Emissions (NZE) by 2060 or sooner through fair and inclusive collaboration.Indonesia's Special Envoy of the President for Climate and Energy, Hashim Djojohadikusumo, speaking at the Leaders Summit during the 30th Conference of the Parties (COP30) in Belém, Brazil, Thursday (Nov. 6). The Government of Indonesia reaffirmed its commitment to leading global efforts in mitigating climate change and accelerating the transition toward Net Zero Emissions by 2060 or sooner. (Photo: Official UN Web TV.)The statement was delivered by Hashim Djojohadikusumo, Special Envoy of the President of the Republic of Indonesia, representing President Prabowo Subianto at the Leaders Summit during the 30th Conference of the Parties (COP30), United Nations Climate Change Conference, in Belém, Brazil, on Thursday (6/11)."Indonesia came to Belém with a clear message: we remain steadfast in our commitment to strengthening national climate action and are ready to work with other countries to advance initiatives that are inclusive, ambitious, and results-driven," said Hashim.He noted that President Prabowo had reaffirmed Indonesia's commitment to the Paris Agreement to achieve NZE no later than 2060—or sooner. Indonesia is also targeting 8 percent economic growth through a sustainable development strategy that is consistently formulated and implemented.In its Second Nationally Determined Contribution (SNDC), Indonesia aims to reduce emissions by 1.2 to 1.5 gigatons of CO2 equivalent (CO2e) by 2035. This target will be supported by increasing the renewable energy mix to 23 percent by 2030 and advancing new technologies, including nuclear energy, within the framework of the green energy transition."Recently, President Prabowo issued Presidential Regulation No. 109 on Waste-to-Energy and Presidential Regulation No. 110 on Carbon Economic Value. These two regulations lay a vital foundation for building a national decarbonization system and enhancing control over greenhouse gas emissions," Hashim added.This message was echoed by Hanif Faisol Nurofiq, Minister of Environment and Head of the Environmental Control Agency, who underlined Indonesia's commitment to a just and equitable green economy."COP30 marks a defining moment to prove that green development is not only possible but also beneficial. Indonesia leads by action, not by promises," said Hanif.He emphasized that the principle of climate justice must remain at the heart of every energy transition policy."Climate justice means ensuring that no one is left behind. Indonesia is ready to lead by example—integrating policy, science, and social values for a better and fairer future," he said.President Director of PT PLN (Persero) Darmawan Prasodjo expressed PLN's readiness to realize President Prabowo's vision of advancing Indonesia's energy transition through the implementation of the Electricity Supply Business Plan (RUPTL) 2025–2034."About three months ago, under the direction of President Prabowo Subianto and Minister of Energy and Mineral Resources Bahlil Lahadalia, Indonesia launched its new RUPTL. Over the next decade, Indonesia plans to add 69.5 gigawatts (GW) of generation capacity—around 76 percent of which will come from renewable energy and storage technologies," Darmawan said.He added that the new RUPTL serves as PLN's strategic roadmap to accelerate the clean energy transition toward NZE 2060 or sooner. The plan not only ensures a reliable electricity supply but also stimulates green job creation, expands electrification in frontier, outermost, and underdeveloped (3T) regions, and strengthens national energy resilience."By prioritizing renewable energy, PLN is committed to building a power system that is cleaner, more inclusive, and sustainable. We believe that through synergy with all stakeholders, Indonesia's ambitious energy transition targets can be achieved effectively and on time," Darmawan concluded.About PLNPT PLN (Persero) is Indonesia's state-owned electricity company, committed to continuous innovation and delivering the best service to its customers. PLN drives its Transformation 2.0 agenda with the vision of becoming a Top 500 Global Company and the No. 1 choice for energy solutions. This is achieved through sustainable business growth, end-to-end digitalization, energy transition initiatives supporting Net Zero Emissions (NZE), and the development of world-class human capital.Contact:Gregorius Adi TriantoExecutive Vice President, Corporate Communications & CSR, PT PLNTel. +62 21 7261122Fax. +62 21 7227059 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
香港, 2025年11月15日 - (亚太商訊) - 11月14日，首程控股（0697.HK）公布2025年三季度业绩。在宏观环境承压、行业结构调整的大背景下，公司依然呈现出强劲而稳定的增长动能：收入与利润保持双位数高增，现金储备大幅提升，资产融通业务进入收获周期，机器人产业链投资与应用持续推进，新业务拓展速度显著加快。与此同时，公司宣布启动总规模10亿港元的大额股份回购计划，以更积极的资本动作支持市场预期管理。这一系列组合拳，使首程控股的"未来增长曲线"愈发清晰。一、收入净利双升：高增长成为确定性三季报显示，首程控股前三季度实现收入12.15亿港元，同比增长30%；归母净利润4.88亿港元，同比增长22%。公司整体经营效率保持稳中向上，营收与利润的高增速在港股上市公司中具备稀缺性。分业务来看，公司的两大传统板块——资产运营与资产融通——均表现稳健：资产运营收入7.83亿港元，同比增长16%，保持持续扩张；资产融通收入4.32亿港元，同比增长66%，呈现明显的兑现周期特征。其中，资产融通业务的强劲增长，背后是多支基金进入退出与回款阶段，形成稳定的现金流回笼。这意味着，公司的"募投管退"循环已经进入更加成熟的阶段，未来盈利能力与资金回流能力将进一步增强。毛利方面，公司前三季度录得5.51亿港元，同比增长28%，整体毛利率维持在45%左右，结构稳定、盈利质量坚实。二、财务基本面亮眼：安全垫与增长空间并存三季度末，公司总资产规模达163.4亿港元，同比增长18%。令人瞩目的是，公司现金及理财资产达到85.5亿港元，较年初几乎翻倍，资金实力处于历史高位。在此基础上，公司资产负债率维持在31.5%，负债资本比率10.9%，依然处于极低水平；公司继续保持AAA主体评级，为未来坚持稳增长、扩产业布局提供了稳固的财务基础。多项关键指标表明，首程控股不仅具备极强的抗风险能力，更为产业投资和机器人业务的中长期拓展奠定了深厚"安全垫"。三、10亿港元大额回购：坚定看好产业长期趋势公司同时宣布启动总额高达10亿港元的大额回购计划。回购计划将分阶段执行，属于港股市场中颇具分量的一类资本管理动作。在市场整体估值处于低位、科技产业加速切换周期的背景下，此次回购不仅强化了公司在资本市场的价值管理能力，也体现首程控股对未来产业趋势的坚定判断。公司特别指出，回购安排反映了对机器人行业发展前景的长期看好。随着人工智能、具身智能、自动驾驶、电池技术等多领域交叉融合，机器人产业正在从"技术突破"迈向"商业落地"的关键阶段。在这一轮全球产业窗口期中，首程控股希望通过前瞻布局、场景落地和资本引导，助力行业迈向规模化发展，推动机器人产品从试点走向普及。四、机器人投资+应用双轮驱动：新的增长引擎正在形成在投资端，首程控股已构建起覆盖机器人核心赛道的完整投资矩阵，布局包括人形机器人企业宇树科技与松延动力，具身智能基础模型开发者星海图，机器人足球冠军团队加速进化，飞行具身智能公司微分智飞，一体化关节模组厂商泉智博，以及专注仿人运动控制的云深处等多家核心企业。同时，公司设立"机器人先进材料产业公司"，将布局延伸至产业链关键材料环节，进一步夯实机器人技术体系的上游基础。在应用端，公司亦在多个高价值场景实现密集落地：自动充电机器人在成都环贸ICD实现首站运营，推动"机器人+新能源"从试点走向示范；与阿尔特汽车的合作加速机器人技术在智能制造及新能源产线的深度应用；在医疗领域，国产手术机器人在北大首钢医院成功完成多项高难度手术，形成从技术展示到临床落地的完整闭环；教育端，公司与北京市教委推进"机器人进校园"，通过设备、课程、赛事等体系化资源进入多所学校；在消费端，全国首批机器人科技体验店已在北京、成都及机场等地开业，为普通消费者提供可触达、可体验的"机器人+消费"场景。通过在资本、关键材料、核心技术与多场景应用端的立体协同，首程控股正推动机器人真正从实验室走向城市、走进家庭、走入日常生活，加速催生更成熟的产业生态与可持续的商业模式。五、产业趋势打开增长空间，首程控股处于上升周期起点进入2026年，机器人产业将迎来政策加持、技术迭代与应用普及共同推动的加速期。从自动驾驶到人形机器人，从工业制造到消费体验，从医用手术到教育场景，机器人正在进入"规模化落地"的新阶段。首程控股在资产运营与基金管理业务保持稳健增长的基础上，正通过机器人投资与场景应用的双轮驱动构建新的增长引擎。随着产业周期加速向上，公司将在多个核心板块实现更强的成长动能。未来，首程控股将继续坚持科技驱动的发展方向，推动机器人行业的技术突破与产业落地，在新一轮产业变革中占据更重要的位置。 Copyright 2025 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HONG KONG, Nov 15, 2025 - (ACN Newswire via SeaPRwire.com) – On November 14, Shoucheng Holdings (0697.HK) released its results for the third quarter of 2025. Despite macroeconomic pressures and structural adjustments across the industry, the company continued to demonstrate strong and steady growth momentum: revenue and profit both recorded double-digit increases, cash reserves expanded significantly, the asset monetization business entered a harvest cycle, and the company’s investments and applications in the robotics industry continued to advance. New business lines also accelerated notably during the period.At the same time, the company announced a large-scale share buyback program totaling HK$1 billion, adopting a more proactive capital management strategy to support market expectations. This combination of actions further clarifies Shoucheng Holdings’ “future growth curve.”1. Revenue and Profit Both Up Sharply: High Growth Becomes a CertaintyAccording to the Q3 report, Shoucheng Holdings recorded HK$1.215 billion in revenue, up 30% year-on-year; and HK$488 million in net profit attributable to shareholders, an increase of 22%. Operational efficiency remained solid, and the high growth rates in both top-line and bottom-line performance are rare among Hong Kong-listed companies.By business segment:Asset operations revenue reached HK$783 million, up 16%, maintaining steady expansion;Asset monetization revenue reached HK$432 million, up 66%, showing a clear pattern of realization and fund recovery.The strong performance in asset monetization reflects multiple funds entering the exit and repayment phases, driving stable cash inflows. This marks a more mature stage in the company’s “fundraising–investment–management–exit” cycle, with profit generation and capital recycling capacity set to improve further.Gross profit reached HK$551 million, up 28%, with overall gross margin stable at around 45%—demonstrating solid structural and earnings quality.2. Robust Financial Fundamentals: Strong Safety Buffer and Growth CapacityAs of the end of Q3, total assets reached HK$16.34 billion, an increase of 18% year-on-year.Most notably, cash and wealth-management assets reached HK$8.55 billion, nearly doubling from the beginning of the year—placing the company’s liquidity at a historical high.The company maintained a low 31.5% asset-liability ratio and a 10.9% debt-capital ratio, while retaining its AAA issuer rating. These indicators highlight an exceptionally strong financial position that supports steady growth and future expansion of its industrial and robotics strategies.Overall, Shoucheng Holdings has built a substantial financial “safety cushion” for long-term development.3. HK$1 Billion Share Buyback: Strong Conviction in Long-Term Industry TrendsShoucheng Holdings also announced the launch of a HK$1 billion share buyback program, to be executed in phases. This represents one of the more substantial capital-management actions in the Hong Kong market this year.Against the backdrop of low market valuations and a rapid transition cycle in the technology sector, the buyback enhances Shoucheng’s value-management capabilities and reflects its firm stance on long-term industrial trends.According to the company, the buyback underscores confidence in the long-term prospects of the robotics industry. As AI, embodied intelligence, autonomous systems and battery technologies converge, the robotics sector is transitioning from “technical breakthroughs” to “commercial adoption.”Entering this global industry window, Shoucheng aims to accelerate robotics industrialization by advancing forward-looking investment, scenario-based applications, and capital guidance—helping the sector move from pilot demonstrations to widespread adoption.4. Dual Engine of Robotics Investment + Applications: A New Growth Driver Is Taking ShapeOn the investment side, Shoucheng Holdings has built a comprehensive portfolio covering the core tracks of the robotics industry. Its investments include leading humanoid robotics companies Unitree Robotics and Noetix Robotics; embodied-intelligence foundational model developer Galaxea-AI; world-champion robotic football team developer Booster Robotics; aerial embodied-intelligence company Micro Differential Intelligence; integrated actuator module manufacturer Quanzhibo; and DeepRobotics Motion Lab, which specializes in humanoid motion control. In addition, the company has established the Robotics Advanced Materials Industry Company to extend its layout upstream into critical materials, further strengthening the technological foundations of the robotics value chain.On the application side, the company has achieved dense deployment across multiple high-value scenarios. Its automatic charging robots began first-site operations at Chengdu ICCD, advancing “Robotics + New Energy” from pilot stage to demonstration; the collaboration with IAT Automobile accelerates the deeper integration of robotics technologies into intelligent manufacturing and new-energy vehicle production lines. In the healthcare sector, domestic surgical robots have successfully completed multiple complex procedures at Peking University Shougang Hospital, forming a full closed loop from technical demonstration to clinical adoption. In education, Shoucheng has partnered with the Beijing Municipal Education Commission to advance the “Robots into Schools” initiative, delivering equipment, curricula, and competition systems to multiple schools. In the consumer sector, the country’s first batch of robotics experience stores has opened in Beijing, Chengdu, and major airport terminals, providing the public with direct access to “Robotics + Consumer” scenarios.Through coordinated efforts across capital investment, critical materials, core technologies, and multi-scenario applications, Shoucheng Holdings is driving robotics out of laboratories and into cities, homes, and everyday life—accelerating the emergence of a more mature and sustainable robotics ecosystem.5. Industry Trends Unlock New Growth Space: Shoucheng Stands at the Start of an UpcycleEntering 2026, the robotics industry is expected to enter an accelerated phase driven by supportive policies, rapid technological iteration and broadening application scenarios.From autonomous driving to humanoid robots, from industrial manufacturing to consumer adoption, from surgical procedures to education scenarios, robotics is moving rapidly toward large-scale commercialization.With steady growth in its asset-operation and fund-management businesses, Shoucheng is now building a new growth engine through robotics investment and applied deployment. As the industrial cycle turns upward, the company is positioned to capture stronger growth momentum across multiple segments.Looking ahead, Shoucheng Holdings will continue to advance its technology-driven strategy, fostering breakthroughs and real-world deployment in the robotics sector and securing a more prominent position in the next wave of industrial transformation. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
LONDON, Nov 14, 2025 - (ACN Newswire via SeaPRwire.com) - Two pioneering studies published in the journal Animals have explored in depth how dog and cat guardians perceive more sustainable pet food options. Led by Jenny L. Mace, Alexander Bauer, Andrew Knight and Billy Nicholles, the research sheds new light on the potential for alternative proteins and plant-based diets in the companion animal sector.Study 1 - Dogs: ‘Consumer Acceptance of Sustainable Dog Diets: A Survey of 2,639 Dog Guardians'In the first study, the team surveyed 2,639 dog guardians worldwide. Around 84% of respondents were currently feeding their dogs either conventional or raw meat-based diets. However, a substantial 43% of this group reported they would nevertheless consider at least one type of more sustainable dog food (such as vegan, vegetarian or cultivated-meat formulations).Among the alternative options, the most acceptable was cultivated meat-based dog food (chosen by 24% of these respondents), compared to vegetarian (17%) and vegan (13%) dog diets. And when asked what characteristics would be needed for these alternatives to be chosen, the top choices were nutritional soundness (chosen by 85%) followed by good pet health (83%).Study 2 - Cats: ‘Consumer Acceptance of Sustainable Cat Diets: A Survey of 1,380 Cat Guardians'The companion study gathered responses from 1,380 cat guardians. In total 89% of these guardians fed their cats conventional or raw meat-based diets. However, just over half - 51% - of this group considered at least one of the more sustainable options to be acceptable.The most popular alternatives were those based on cultivated meat (chosen by 33% of this group) followed by vegan diets (18%). Similarly to dogs, the most important characteristics alternative diets would need to offer be chosen were good pet health outcomes (chosen by 83%) and nutritional soundness (80%).Differences among consumersBoth studies found that guardians who themselves reduce or avoid meat were significantly more open to alternative diets for their pets, as were those with higher educational qualifications. Age and regional differences were also apparent, with older consumers, and those from the UK, often less open to alternatives than those in other European nations, North America or Oceania, although differences were often not significant.What This MeansThese twin studies come at a time when the environmental and ethical footprint of conventional pet food production is growing in public consciousness. As noted by study co-author and veterinary professor Andrew Knight: "Recent studies have demonstrated that our dogs and cats collectively consume a substantial proportion of all farmed animals. Pet diets such as those based on plant-based ingredients or cultivated meat could transform the pet food system, lowering adverse impacts for farmed animals and the environment."With rapidly increasing populations already numbering hundreds of millions of dogs and cats globally, the shift of even a modest percentage of these pets to lower-impact diets could bring significant benefits.As co-author Billy Nicholles summarised: "These findings are of value to the rapidly growing pet food alternatives industry, enabling pet food companies to accelerate their growth and acquire new customers through evidence-based, targeted outreach."Implications for Industry and Veterinary PracticeFor pet food companies, the message is clear: launching sustainable diet lines is not merely a matter of production innovation, but also of trust-building. Clear information about nutritional soundness and health outcomes feature heavily in guardian willingness to adopt new products.For veterinary practitioners and animal welfare organisations, these findings underscore the importance of informed communication. If guardians are open to alternatives but uncertain about their pet's health outcomes, then evidence-based guidance becomes a key enabling factor.Further informationAndrew KnightVeterinary Professor of Animal WelfareAndrew.Knight@murdoch.edu.auSOURCE: Sustainable Pet Food Foundation Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
HONG KONG, Nov 14, 2025 - (ACN Newswire via SeaPRwire.com) – Eternal Group and Cosmoprof Asia 2025 co-hosted the symposium "Invisible Aesthetics: When Fragrance Meets Space" yesterday at the Hong Kong Convention and Exhibition Centre. The event explored the relationship between fragrance and space, examining the application of scent across different environments. As the largest perfume group (apart from brand-owner perfume groups) in China (including Hong Kong and Macau), in terms of retail sales in 2023, Eternal Group shared the latest market data, revealing the trend of fragrance is transitioning from a personal consumer product to an element of spatial experience. Wendy Lau, Executive Director of Eternal Beauty Holdings Limited, highlighted in the symposium: "The accelerating integration of home fragrances and interior design is becoming an invisible aesthetic that connects emotion and space, shaping a new dimension of future living experiences."Market Trend: Home Fragrance Emerges as a New Focus in Asian Lifestyle AestheticsAt the symposium, representatives from Eternal Group shared insights from the recently released "2025 Hong Kong and Macau Fragrance Market Trends White Paper", highlighting the significant trend of home fragrance popularization. The data shows that a remarkable of 81% consumers in Hong Kong and Macau have integrated fragrance into their daily lives, a proportion that has grown by 9 percentage points compared to the previous year. Industry projections forecast the global home fragrance market will reach USD 400 billion by 2032, with a compound annual growth rate (CAGR) of 6.56%.Ms. Ko from Eternal Group's Corporate Communications Department stated: "Industry data has revealed a clear market trend. According to a Fortune Business Insights report, the global home decor market is projected to grow at a CAGR of 4.58% during the 2025-2032 forecast period. Meanwhile, the Asia-Pacific region accounted for 45.74% of the global market share in 2024, providing a favorable condition for the growth of fragrance products integrated into living spaces. The popularization of home fragrances aligns with the growing consumer demand for enhanced quality of life in Asia. As income levels rise and living environments continue to improve, more consumers are focusing on using fragrance to shape personalized living spaces."Cross-Industry Dialogue: Fragrance Becomes a New Dimension of Spatial AestheticsThe symposium brought together several experts from business, design, and the fragrance industry, including renowned entrepreneur and socialite Antonia Li, Meng Jing, Founder and Design Director of Common Room and winner of the "2025 Home Journal" Design Award, along with representatives from Eternal Group. The panel engaged in a cross-industry discussion on the "Integration of Fragrance and Space," exploring the evolving role of olfactory aesthetics in contemporary design. Drawing from her spatial design practical, Ms. Meng Jing noted: "Modern design is progressively moving beyond traditional visual boundaries, extending into multi-sensory dimensions. We are increasingly introducing customized fragrance solutions in our recent projects to address users' genuine need for emotional spaces."She further added: "The systematic integration of fragrance and interior design can effectively enhance users' sense of belonging and comfort within a space. Particularly in high-density Asian cities like Hong Kong, the emotional value of space is becoming a crucial consideration in design strategy." Market observations indicate a sustained increase in Asian consumers' attention to home aesthetics. In the Asia-Pacific region, the fusion of modern and traditional elements has emerged as a regional design trend, with minimalist styles maintaining their mainstream position and demand for high-end, customized design also showing steady growth.The Rise of Niche Fragrances: New Demand for Personalized ExperiencesWendy Lau, Executive Director of Eternal Group Holdings Limited, pointed out during the symposium: "Niche brands are increasingly gaining market popularity. When purchasing fragrance products, consumers now consider not only the scent and price but also the brand's philosophy and the inspirational story behind the perfume." Openness of niche perfumes is exceptionally high in Hong Kong and Macau markets. Data indicates that over 90% of consumers in Hong Kong and Macau are willing to try niche fragrances, signaling immense growth potential and market openness to new brands.Looking Ahead: Building a New Fragrance Industry Ecosystem, Leading Industry Innovation and DevelopmentWendy Lau, Executive Director of Eternal Group Holdings Limited, stated: "As an industry leader, we bear the dual responsibility of nurturing the market and driving innovation. We will continue to refine the fragrance industry value chain, leveraging our professional brand management expertise, mature sales network, and precise market insights to create broader development opportunities for niche brands." Moving forward, Eternal Group will continue to be driven by innovation and guided by consumer demand, constantly improving the fragrance industry ecosystem and leading the industry towards a new era of professionalism and internationalization.About Eternal Group Holdings LimitedEternal Beauty Holdings Limited is the largest perfume group (apart from brand-owner perfume groups) in China (including Hong Kong and Macau) in terms of retail sales in 2023. It primarily sells and distributes products procured from third-party brand licensors, and deploys market for these brand licensors, offering such services as brand management, and designing and implementing customized market entry and expansion plans for their brands. The Group boasts large and diversified brand portfolios that include not only perfumes, but also color cosmetics, skincare products, personal care products, eyewear and home fragrances. As at 10 June 2025, it conducted product distribution and market deployment for a total of 72 external brands, including Hermès, Van Cleef & Arpels, Chopard, Albion and Laura Mercier, with products in different pricing tiers and of versatile features that meet the differentiated demands of consumers in mainland China, Hong Kong and/or Macau.Download event photos:https://1drv.ms/f/c/4a22f6ae274998f3/Ep74V2EYd6BLmDOj3Z8m034BLHOta2MhwZxZ4Uo-HwOfqA?e=9AbKxA Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Highlights of the Global Offering:- The Hong Kong Public Offering is expected to close at 12:00 noon (at 11:30 a.m. for completing electronic applications under the White Form eIPO service) on Wednesday, 19 November 2025;- Number of Offer Shares under the Global Offering: 500,000,000 Shares (subject to the Over-allotment Option);- Number of Hong Kong Offer Shares: 50,000,000 Shares (subject to reallocation);- Number of International Offer Shares: 450,000,000 Shares (subject to reallocation and the Over-allotment Option);- Offer Price Range: HK$10.18 to HK$10.99 per Share;- The Shares will be traded in board lots of 500 Shares each;- Maximum net proceeds will be approximately HK$5,312.8 million (before any exercise of the Over-allotment Option);- Dealings in the Shares on the Main Board of the Hong Kong Stock Exchange are expected to commence on Monday, 24 November 2025;- China International Capital Corporation Hong Kong Securities Limited and Huatai Financial Holdings (Hong Kong) Limited are the Joint Sponsors.HONG KONG, Nov 14, 2025 - (ACN Newswire via SeaPRwire.com) – Chuangxin Industries Holdings Limited (the “Company”, stock code: 02788) announces its Global Offering and the listing of Shares on the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”).Chuangxin Industries Holdings Limited is an integrated enterprise group with a core focus on the aluminum industry, focusing on alumina refining and aluminum smelting within the upstream of the aluminum industry chain. The Company’s business mainly comprises the production and sales of electrolytic aluminum as well as alumina and other related types of products, and has established a self-sufficient and integrated ecosystem across the electrolytic aluminum industry chain that covers “energy — alumina refining — aluminum smelting.” Since 2012, the Company has strategically established its presence and deeply cultivated its business in Huolinguole, Inner Mongolia and Binzhou, Shandong Province, two regions with significant resource advantages. The Company has achieved a high rate of self-sufficiency in alumina and electricity supply, benefiting from its self-owned electricity generation capability and the low electricity prices enabled by Inner Mongolia’s abundant power resources, which are strategically critical to electrolytic aluminum production and the maintenance of strong operational performance. The Company continuously develops an integrated ecosystem across the electrolytic aluminum industry chain, consolidates the cost advantages, and invests in research and development. To realize the long-term goal of achieving a green transition, the Company strives to reduce carbon emissions in the electrolytic aluminum industry chain.Chuangxin Industries Holdings Limited plans to offer an aggregate of 500,000,000 Shares (subject to the Over-allotment Option) under the Global Offering, of which 450,000,000 Shares (subject to reallocation and the Over-allotment Option) will be offered by way of International Placing, and 50,000,000 Shares (subject to reallocation) will be offered in the Hong Kong Public Offering. The Offer Price will not be more than HK$10.99 per Share and is currently expected to be not less than HK$10.18 per Share, with the board lot size of 500 shares.The Hong Kong Public Offering commenced on Friday, 14 November 2025 and is expected to close at 12:00 noon (at 11:30 a.m. for completing electronic applications under the White Form eIPO service) on Wednesday, 19 November 2025. Dealings in H Shares on the Stock Exchange are expected to commence on Monday, 24 November 2025.Assuming the Over-allotment Option is not exercised, if the Offer Price is set at HK$10.58 per Share (being the mid-point of the Offer Price range), the Company estimates that it will receive net proceeds of approximately HK$5,113.2 million from the Global Offering after deducting the underwriting commissions and estimated offering expenses. The Company intends to apply the net proceeds for the following purposes:- Approximately 50% is expected to be used for expanding overseas production capacity, including the construction of an aluminum smelter and the purchase and installation of production equipment.- Approximately 40% is expected to be used for green energy projects, including the construction of green power plants and the purchase and installation of equipment used therein.- Approximately 10% is expected to be used for working capital and general corporate uses.The Company has successfully procured 17 cornerstone investors, including Hillhouse, China Hongqiao, Taikang Life, Glencore AG, Mercuria, Greenwoods, ORlX Group, Investcorp, CPIC IMHK, GF Fund, Fullgoal Fund, Millennium, Jane Street, Polymer, Xiamen ITG Group, Brilliance and Cephei Capital. The Cornerstone Investors have agreed to subscribe for Offer Shares at the Offer Price (exclusive of brokerage fee, the SFC transaction levy, the AFRC transaction levy and the Stock Exchange trading fee). Based on the high-end of the Offer Price range, the total subscription amount is approximately US$351.0 million.China International Capital Corporation Hong Kong Securities Limited and Huatai Financial Holdings (Hong Kong) Limited are the Joint Sponsors, Overall Coordinators and Joint Global Coordinators, as well as the Joint Bookrunners and Joint Lead Managers. UOB Kay Hian (Hong Kong) Limited and CMB International Capital Limited are the Joint Global Coordinators, Joint Bookrunners and Joint Lead Managers. Bank of China International Asia Limited, AVICT Global Asset Management Limited and South China Securities Limited are the Joint Bookrunners and Joint Lead Managers. Futu Securities International (Hong Kong) Limited, Tiger Brokers (HK) Global Limited and Livermore Holdings Limited are the Joint Lead Managers. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
ATLANTA, GA, Nov 13, 2025 - (ACN Newswire via SeaPRwire.com) - OMP, a leader in supply chain planning solutions, is showcasing how Kraft Heinz is transforming its global food supply chain at the Gartner Supply Chain Planning Summit 2025 in Denver. The leading food and beverage company will share how it is driving efficiency from farm to table with OMP's Unison Planning™. By leveraging autonomous planning, decision intelligence, and AI optimization, Kraft Heinz enhances collaboration, manages complexity, and reduces waste. Kraft Heinz's journey to a smarter, more sustainable value chainThiago Serra, Head of Integrated Business Planning at Kraft Heinz, will discuss how smart, data-driven planning is helping the company build a more agile and sustainable value chain. Gain insights into how Kraft Heinz combines digital intelligence and end-to-end visibility to create real business impact across operations.Explore human-AI synergy at the OMP boothThe Gartner Supply Chain Planning Summit, taking place December 2-3 in Denver, brings together global supply chain leaders to explore strategies for making high-impact, complex decisions and turning intelligence into execution.OMP will be at booth 104 to showcase UnisonIQ, its game-changing AI orchestration framework. Embedded in the Unison Planning™ platform, it transforms supply chain decision-making through human-AI synergy. Visitors can experience firsthand how UnisonIQ is revolutionizing supply chain operations through always-on agents, the Unison Companion generative AI assistant, and advanced AI engines.See how integrated planning, enhanced by the latest AI advancements, improves scenario modeling and empowers faster, smarter decisions - helping organizations strengthen resilience, overcome challenges, and achieve measurable business results.Join OMP at Gartner to hear Kraft Heinz's transformation journey firsthand and discover how Unison Planning™, driven by AI, can accelerate planning success and support your planning teams.Session at a glanceTitle: OMP: Real intelligence, real impact - Kraft Heinz's journey to a smarter, more sustainable value chainSpeaker: Thiago Serra - Head of Integrated Business Planning at Kraft HeinzWhen: Tuesday, December 2, 2025, 2:30 PM - 3:00 PM MSTWhere: Gaylord Rockies Resort & Convention Center - 6700 N Gaylord Rockies Blvd, Aurora, CO 80019, United StatesTo see where you can meet OMP next, visit their events calendar here.About OMPOMP helps companies facing complex planning challenges to excel, grow, and thrive by offering the best digitized supply chain planning solution on the market. Hundreds of customers in a wide range of industries - spanning consumer goods, life sciences, chemicals, metals, paper, packaging, plastics - benefit from using OMP's unique Unison Planning™.Contact InformationPhilip VervloesemChief Commercial & Markets Officerpvervloesem@omp.com+1-770-956-2723SOURCE: OMP Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
TAIPEI, TAIWAN, Nov 13, 2025 - (ACN Newswire via SeaPRwire.com) - The breathtaking landscapes of Taiwan's northeast coast have once again captured attention, thanks to a recent visit by Hong Kong's popular YouTuber Dida. Through her lens, viewers are invited to experience the poetic charm of the Caoling Historic Trail, where nature and culture meet in quiet harmony.Stretching across New Taipei City and Yilan County, the Caoling Historic Trail dates back to the Qing Dynasty, when it served as an important route linking Tamsui and Yilan. Today, it stands as one of the most beloved hiking paths in Taiwan, celebrated for its seamless blend of mountain and ocean scenery. Along the stone-paved trail, travelers encounter landmarks such as the "Bravery Over Misty Clouds" stone inscription, the Yaokou Viewing Platform, and panoramic vistas that tell stories of both nature and history.Through Dida's perspective, audiences not only witness the dramatic coastline and mist-covered valleys of the northeast but also feel the warmth of local hospitality and the purity of Taiwan's natural landscapes. Walking this trail—"closest to the city yet farthest from its noise"—she captures the serene rhythm of slow travel that defines the island's spirit.Whether you are an adventurous hiker or a traveler seeking a moment of calm in nature, the Caoling Historic Trail welcomes every visitor with its most genuine and timeless beauty. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
