Month: October 2025

埃及沙姆沙伊赫, 2025年11月1日 - (亚太商讯 via SeaPRwire.com) - Energy Enhancement System, LLC ("EES") 在其持续捍卫真相、创新与诚信、抵御来自Jason Shurka及The Light System, Inc.（TLS）的毫无根据的攻击的行动中，又一次取得了决定性胜利。美国纽约东区联邦地区法院正式批准EES推进其全面驳回动议，这强烈表明法院认可EES在法律与事实层面的坚实立场。多个司法辖区的法官现已将Shurka的诉状形容为“毫无根据” 和“徒劳无益”，并多次将案件发回EES最初提起诉讼的法院——而EES在那些法院中持续获胜。真相胜于欺骗这一最新裁决是在几个月的广泛诉讼往来之后作出的，这些文件揭露了EES所称的一场协调一致的误导宣传与品牌混淆行动。法院记录显示，Shurka曾在短暂的时间内参与过EES有限的市场推广活动，但随后发起了一个竞争性项目，虚假暗示其产品与原始EESystem技术相同或源自该技术。EES在内华达州与纽约州的诉讼详细说明了Shurka及TLS如何虚假陈述其合作关系、滥用EES的知识产权，并利用公众影像与研究成果来宣传他们的仿制产品。这些起诉引用了《兰哈姆法》（Lanham Act, 15 U.S.C. § 1125）及《内华达州欺骗性贸易行为法》（Nevada Deceptive Trade Practices Act）等多项法律条款。“这不是关于竞争的问题，而是关于保护几十年来诚实工作与创新成果的问题。”——EESystem创始人兼发明人 荣誉博士 桑德拉·罗斯·迈克尔（Hon. Dr. Sandra Rose Michael, DNM, DCSJ）表示。“我早在1978年就开始研发这项技术——远在这些人出现之前。我们将继续守护我们的诚信传承，确保真相而非谎言引导我们的社群。”法院的裁定授权EESystem维持其立场并推进全面驳回动议——这清晰地再次确认了真实与诚信终将胜出。“每一次有利于我们的判决，都在强化我们的证据，也让全球各中心更加团结一致。”——EESystem发言人、桑德拉·罗斯·迈克尔博士之女 梅拉·贝托拉奇尼（Mela Bertolacini）补充道。真正创新的传承近五十年来，荣誉博士 桑德拉·罗斯·迈克尔（DNM, DCSJ）一直领导着能量增强系统（Energy Enhancement System, EESystem）的研发——这项技术探索标量场与光子能量环境如何与人体系统相互作用。能量增强系统在全球拥有数百个公共中心，以其研究、工程精度与教育推广的独特融合而闻名。总部位于内华达州的能量增强系统有限公司持续推动新兴能量科学领域的研究与设计，营造促进放松、一致性与科学好奇心的环境。自1978年以来，迈克尔博士的工作始终强调以诚信推动创新，并追求在科学与意识交汇处的更深理解。关于能量增强系统（EESystem）由荣誉博士 桑德拉·罗斯·迈克尔（DNM, DCSJ）创立的能量增强系统有限公司（Energy Enhancement System, LLC）是一家总部位于内华达州的研究与科技公司，致力于负责任地探索标量场与光子能量现象。公司的使命是促进透明、教育以及与全球科学家、从业者及社区中心合作开展基于一致性的环境研究。为确保公开透明并便于公众核实，案件详情可通过官方法院档案查询：Energy Enhancement System, LLC v. Shurka et al., 案件编号 A-25-910216-B（内华达州克拉克县地区法院）；2:2025cv00633（美国内华达州联邦地区法院）；1:25-cv-00218 / 1:25-cv-20981（美国佛罗里达州南区联邦地区法院）；2:25-cv-01234（美国纽约东区联邦地区法院）。媒体联系人Energy Enhancement System, LLCsupport@eesystem.comwww.eesystem.com能量增强系统——真相、科学与诚信持续胜出的地方。来源: Energy Enhancement System Copyright 2025 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

LAS VEGAS, NV, Oct 31, 2025 - (ACN Newswire via SeaPRwire.com) - Energy Enhancement System, LLC ("EES") has achieved another decisive victory in its ongoing effort to defend truth, innovation, and integrity against baseless attacks from Jason Shurka and The Light System, Inc. ("TLS").The United States District Court for the Eastern District of New York has formally granted EES permission to move forward with its full motion to dismiss - a strong indication that the court recognizes the legal and factual strength of EES's position. Judges in multiple jurisdictions have now described Shurka's filings as "baseless" and "futile," repeatedly returning the cases to the very courts where EES first initiated them - and where EES continues to win.Truth Over DeceptionThe latest decision follows months of extensive filings exposing what EES alleges was a coordinated campaign of misinformation and brand confusion.Court records show that Shurka, once briefly involved in limited marketing activities with EES, launched a competing venture falsely implying that his product was identical to or derived from the original EESystem technology.EES's lawsuits in Nevada and New York detail how Shurka and TLS misrepresented their affiliation, misused EES's intellectual property, and exploited public imagery and research to promote their imitation product. These filings cite violations under the Lanham Act (15 U.S.C. § 1125) and the Nevada Deceptive Trade Practices Act, among others."This is not about competition; it's about protecting decades of honest work and innovation," said Hon. Dr. Sandra Rose Michael, DNM, DCSJ, founder and inventor of the EESystem."I began developing this technology in 1978 - long before these individuals appeared. We will continue to safeguard our legacy of integrity and ensure that truth, not falsehood, guides our community."The court's decision authorizes EESystem to maintain course and proceed with its full motion to dismiss - a clear reaffirmation that authenticity and integrity prevail."Every decision in our favor strengthens our evidence and unites our global centers even further," added Mela Bertolacini, daughter of Sandra Rose Michael and EESystem spokesperson.A Legacy of Authentic InnovationFor nearly five decades, Hon. Dr. Sandra Rose Michael, DNM, DCSJ, has guided the development of the Energy Enhancement System (EESystem) - a technology exploring how scalar-field and photonic energy environments interact with the human system.Energy Enhancement System, with hundreds of public centers across the globe, is recognized for its distinctive integration of research, engineering precision, and educational outreach.From its Nevada headquarters, Energy Enhancement System, LLC advances research and design in emerging energy sciences, fostering environments that encourage relaxation, coherence, and scientific curiosity. Since 1978, Dr. Michael's work has emphasized innovation with integrity and the pursuit of deeper understanding at the intersection of science and consciousness.About Energy Enhancement System (EESystem)Founded by Hon. Dr. Sandra Rose Michael, DNM, DCSJ, Energy Enhancement System, LLC is a Nevada-based research and technology company dedicated to the responsible exploration of scalar-field and photonic energy phenomena. The company's mission is to promote transparency, education, and the ongoing study of coherence-based environments in collaboration with scientists, practitioners, and community centers worldwide.For transparency and public verification, case details are available through official court dockets: Energy Enhancement System, LLC v. Shurka et al., Case No. A-25-910216-B (Clark County District Court, Nevada); 2:2025cv00633 (U.S. District Court, District of Nevada); 1:25-cv-00218 / 1:25-cv-20981 (U.S. District Court, Southern District of Florida); and 2:25-cv-01234 (U.S. District Court, Eastern District of New York).Media ContactEnergy Enhancement System, LLCsupport@eesystem.comwww.eesystem.comEnergy Enhancement System - Where Truth, Science, and Integrity Continue to Prevail.SOURCE: Energy Enhancement System Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

- Two major lighting fairs and Eco Expo Asia have concluded with success, attracting some 62,000 buyers from 141 countries and regions - The spotlight Hall of Connected Lighting featured some 70 top global brands. An AI smart lighting exhibitor at the Autumn Lighting Fair successfully confirmed an onsite order with a Thai buyer worth up to RMB8 million, double the value of their sales at the fair last year - - In an independent on-site survey, 61% of lighting industry respondents expect overall sales to grow in the next one to two years. Respondents foresee that AI (57%), smart city development (40%) and technological advancement (36%) will be key growth drivers in the lighting industry - Eco Expo Asia helped enterprises expand their international trade networks and seize green business opportunities globally, with notable increases in buyers from Australia, Japan, Korea, Malaysia and the US. - A green enterprise from the Chinese Mainland stated that Eco Expo Asia serves as a "go global" platform for mainland green companies, helping them capture business opportunities in the Middle East and SEA. Company representatives expect overseas revenue growth for the full year to exceed 200%.HONG KONG, Oct 31, 2025 - (ACN Newswire via SeaPRwire.com) – The 27th Hong Kong International Lighting Fair (Autumn Edition) and the 10th Hong Kong International Outdoor and Tech Light Expo, both organised by the HKTDC, and the 20th Eco Expo Asia, jointly organised by the HKTDC and Messe Frankfurt (HK) Ltd and co-organised by the Environment and Ecology Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR), have come to a successful conclusion. The three exhibitions attracted some 62,000 buyers from 141 countries and regions.Deputy Executive Director of the HKTDC Jenny Koo said: “This year's Autumn Lighting Fair and Outdoor and Tech Light Expo attracted top global brands, showcasing a wealth of innovative and smart lighting products and solutions. Eco Expo Asia debuted a new pavilion that featured 22 local green start-ups presented by the Environmental Campaign Committee and the ANSO Environmental Technology Industry Alliance, led by the Alliance of National and International Science Organizations for the Belt and Road Regions (ANSO), and 11 mainland enterprises, bringing together diverse green technologies. The three fairs drew some 62,000 buyers. Buyers from outside Hong Kong primarily came from the Chinese Mainland, Taiwan, India, Korea, the US and ASEAN countries, including Malaysia, the Philippines and Thailand. This shows the fairs’ appeal as global hubs for the lighting and environmental industries, leveraging Hong Kong's strengths as a trading centre and gateway to international markets."Survey reflects optimism about lighting industry sales over the next two yearsAn independent survey of over 730 exhibitors and buyers at the Autumn Lighting Fair and Outdoor and Tech Light Expo revealed that respondents hold an optimistic outlook, with 61% respondents expecting overall sales to grow in the next 12-24 months, and 37% expecting sales to remain unchanged. In terms of target markets, respondents were mainly optimistic about ASEAN countries (71%), India (70%) and the Middle East (70%).In terms of trends in lighting products, respondents foresee that AI (57%), smart city development (40%) and technological advancement (36%) will be driving factors of industry growth. 74% of respondents believed smart lighting demonstrates good to very good market potential over the next two years. Respondents consider smart lighting to have the greatest development potential in home automation and smart lighting control systems (39%), followed by energy-efficient lighting control solutions (38%) and wireless lighting control systems (29%).Regarding challenges, respondents identified the top three operational challenges this year as fluctuations of global economy (65%), rising costs due to inflation (42%), and growing protectionist measures, such as export controls, tariffs and sanctions (35%). In light of US tariffs, 54% of respondents reported no or minimal impact on their company's procurement and sales strategies, while 16% indicated a significant impact.Lighting fairs bring innovative products, global brands unveil new offerings and immersive experiencesUnder the theme ‘Illuminated Designs for a Smarter Future’, the twin lighting fairs showcased innovative products and smart lighting solutions from top global brands. The Hall of Connected Lighting returned as the Autumn Lighting Fair’s focal point, featuring some 70 leading brands, demonstrating smart lighting and IoT applications. Dutch company Signify unveiled its latest product in Asia– VitaUp Vitamin D3 Modules by Philips, offering a safe and controlled source of low-intensity UVB exposure to support healthy vitamin D levels. Raimond Dumoulin, LED Architect at Signify, stated that the company has connected with over 100 potential buyers from the United States, Egypt, Korea, Japan, India, the Netherlands, Finland, Norway, and the Chinese Mainland. Based on the strong interest shown by these potential buyers in the newly launched products and other offerings, the company expects the fair to generate orders worth between EUR1 to 2 million.Specialising in smart lighting controls, Casambi Technologies Oy from Finland – created various scenes at the fair – such as a café setting, presentation mode and shows – providing buyers with a fully immersive experience, while showcasing seamless mode transitions and the smart, intuitive operation. Tommy Hoo, APAC Strategy and Marketing Leader, said: “This is our first time attending the Hong Kong International Lighting Fair (Autumn Edition), marking our debut at an exhibition in the Asia-Pacific region. APAC is an emerging market for us, and the fair has been highly effective in supporting our expansion plans. During the first half-day, we spoke with over 100 potential clients and participated in about 10 business matching meetings. We also pre-arranged additional meetings using the Scan2Match service to connect with potential clients from Singapore, Australia, India, Canada, Denmark, and more.”Additionally, lighting systems integrated with AI have also attracted attention from buyers. Bweetech Electronics Technology (Shanghai) Co., Ltd. is an innovative enterprise specialising in personal wireless smart lighting. Users simply express their intent and the system’s AI technology can automatically interpret and generate the ideal lighting effects tailored to the scene. Bweetech’s Marketing Manager, Green Geng, expressed that the company has attracted some 50 potential buyers from the United States, Korea, Japan and Southeast Asia within the first two days of the exhibition. The company also successfully confirmed an onsite order worth RBM8 million with a Thai buyer, doubling the value of their sales at the fair last year.The concurrent Hong Kong International Outdoor and Tech Light Expo brought a diverse range of outdoor commercial and industrial lighting solutions, supporting the development of smart cities. The returning Smart Pole and Solution Zone featured Chinese Mainland exhibitor Ningbo Freelux Lighting Appliance Co., Ltd. who joined the expo to look for buyers from new markets. The company’s CEO Allen Mao said: “We have met with new buyers from different parts of the world, including Africa, Europe, the Middle East, South America and Southeast Asia. Two to three new buyers from Argentina and Poland have expressed their intention to purchase our streetlights. We expect that total orders generated by this expo will be around US$2-3 million.”Trient Trading from the United Arab Emirates has been visiting the twin lighting fairs for five consecutive years. The company’s Sales and Product Specialist Hasan Khan said: “I am handling two large-scale projects: a new office building for a large logistics group and a hotel apartment project. I plan to purchase outdoor lighting, architectural lighting and decorative lighting for the construction of the new office building and facade lighting for the hotel apartment project, with a total order value of US$1.6 million.”Eco Expo Asia welcomed its 20th edition fully committing to net zero goalsUnder the theme ‘Green Innovations for Carbon Neutrality’, Eco Expo Asia showcased the latest achievements in Circular Economy and Waste Management, Green & Smart Mobility and ESG-related Services, providing invaluable networking opportunities for the green industry. As a leading business platform for ESG and sustainable development solutions, Eco Expo Asia continued to receive support from governments, industry associations and enterprises worldwide. In collaboration with the Environment and Ecology Bureau, the expo extended invitations to government service providers from the Chinese Mainland, as well as from ASEAN and Belt and Road countries, to visit and source green technologies and products.A green enterprise from Chinese Mainland believed that Eco Expo Asia is a platform for mainland green companies to go global and capture business opportunities in the Middle East and SEA. Infore Enviro's Executive Vice President Fu Qu said: “In the fair, we successively engaged with over 35 government representatives from different places, including, Hong Kong, the UAE, Kazakhstan, Vietnam, Thailand, Malaysia and the Philippines etc. The representative of the UAE Ministry of Climate Change and Environment expressed interest in our waste collection and transportation vehicle, and our road sweeping cleaning vehicle. We will visit the UAE to continue the discussing of this potential business opportunity. Through this exhibition, we expect the annual overseas revenue growth rate to exceed 200%”One local startup said it showcased green innovation achievements through the expo. Jay Hsu, Senior Manager, GreenTech of Hong Kong Science and Technology Parks Corporation, shared: “The expo attracted Hong Kong investors and property management companies to visit, buyers from the Belt and Road countries and Southeast Asia such as Malaysia, Vietnam, and Singapore are also interested in our solutions. We have generated numerous leads, with six out of 10 exhibiting companies identifying potential buyers, and expect orders to reach approximately HK$15 million.”A local exhibitor Dunwell Engineering Company Limited has participated for 20 years. The company's Sustainability Officer, Benson Leung, stated: “In the first two days of the expo, we have already connected with potential buyers from Malaysia, Thailand, Japan, Korea, Saudi Arabia and EU countries. They showed particular interest in a food waste processing system targeting hotels and residential estates, and lithium battery fire extinguishers. Additionally, we secured approximately 10 business matches with ASEAN buyers via the Click2Match platform, with meetings scheduled at the fair. This participation is projected to contribute around 20% of the company's annual revenue.”The expo attracted numerous overseas buyers actively sourcing products. A buyer from Hungary, Endre Bali, Business Development Director of Oxyma Systems Kft, shared: “I serve as a business consultant to a hydrogen association in Hungary. At the fair, I connected with an exhibitor from the Chinese Mainland and see a strong potential for establishing a hydrogen storage and production partnership, valued at US$3–5 million.”Igniting cross-industry business opportunities through three fairsOrganised by the HKTDC, the Hong Kong International Lighting Fair (Autumn Edition) and the Hong Kong International Outdoor and Tech Light Expo formed a world-renowned lighting marketplace, attracting some 3,000 exhibitors collectively, and some 41,000 buyers and more than 10,000 buyers, respectively. Eco Expo Asia, jointly organised by the HKTDC and Messe Frankfurt (HK) Ltd., and co-organised by the Environment and Ecology Bureau of the Government of the HKSAR, drew some 340 exhibitors and over 11,000 buyers.Under the EXHIBITION+ hybrid mode, exhibitors and buyers can engage in online business negotiations and matching for the three fairs through the Click2Match smart business matching platform until 7 November.Fair WebsitesHong Kong International Lighting Fair (Autumn Edition): hklightingfairae.hktdc.comHong Kong International Outdoor and Tech Light Expo: hkotlexpo.hktdc.comEco Expo Asia: www.ecoexpoasia.comExhibitor and Buyer QuotesHong Kong International Lighting Fair (Autumn Edition): https://www.hktdc.com/event/hklightingfairae/en/success-storiesHong Kong International Outdoor and Tech Light Expo: https://www.hktdc.com/event/hkotlexpo/en/success-storiesEco Expo Asia: https://www.hktdc.com/event/ecoexpoasia/en/success-storiesPhoto download: https://bit.ly/3Lf8DXQThe 27th Hong Kong International Lighting Fair (Autumn Edition), the 10th Hong Kong International Outdoor and Tech Light Expo and the 20th Eco Expo Asia have come to a successful conclusion. The three exhibitions attracted some 62,000 buyers from 141 countries and regions.The Hall of Connected Lighting returned as the Autumn Lighting Fair’s focal point, featuring some 70 leading brands, demonstrating smart lighting and IoT applications. Signify unveiled its latest product VitaUp Vitamin D3 Modules by Philips at the fair.Foshan Electrical and Lighting Co. set up an experience zone to showcase lighting products for the silver market.The Hall of Aurora brought together some 540 notable brands offering high-quality lighting products and technologies.At the Hong Kong International Outdoor and Tech Light Expo, the Smart Pole and Solution Zone, introduced last year, returned to showcase innovative solutions that support smart city development and energy efficiency optimisation.Various seminars and forums were held during the two lighting fairs. Renowned lighting designer Tino Kwan hosted a masterclass titled ‘The Language of Light: From Artistic Design to Everyday Experience’ and shared design principles for enhancing daily life through light and the impact of light on mood, functionality and spatial characteristics.The Hong Kong Tourism Board arranged evening cruises on Victoria Harbour to create an extended travelling experience for buyersThis year’s Eco Expo Asia attracted some 340 exhibitors from 13 countries and regions, and over 11,000 buyersA joint government pavilion is featuring 11 bureaux and departments, including the Environment and Ecology Bureau, and presented the latest green policies and initiatives.In the ‘Experience Sharing Forum on Promoting Environmental Business in Overseas Markets’, Government officials and representatives of quasi-governmental organisations from Belt and Road countries shared strategies for local market development, to help green companies expand their international networks.Tse Chin-wan, Secretary for Environment and Ecology of the HKSAR Government, attended the premiere of the second season of documentary series ‘Enchanting China’ on the public day, and spoke with enthusiastic young studentsEco Expo Asia was open to the public today. Visitors attended various workshops as well as the Green MartMedia enquiriesPlease contact the HKTDC’s Communications and Public Affairs Department:Stanley SoTel: (852) 2584 4049Email: stanley.hp.so@hktdc.orgClayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgThe HKTDC’s Media Room: http://mediaroom.hktdc.com/enAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. About Messe FrankfurtThe Messe Frankfurt Group is one of the world’s leading trade fair, congress and event organisers with its own exhibition grounds. With a workforce of some 2,160 people at its headquarters in Frankfurt am Main and in 28 subsidiaries, it organises events around the world. Group sales in financial year 2022 were around €454 million. We serve our customers’ business interests efficiently within the framework of our Fairs & Events, Locations and Services business fields. One of Messe Frankfurt’s key strengths is its powerful and closely knit global sales network, which covers around 180 countries in all regions of the world. Our comprehensive range of services – both onsite and online – ensures that customers worldwide enjoy consistently high quality and flexibility when planning, organising and running their events. We are using our digital expertise to develop new business models. The wide range of services includes renting exhibition grounds, trade fair construction and marketing, personnel and food services. Sustainability is a central pillar of our corporate strategy. Here, we strike a healthy balance between ecological and economic interests, social responsibility and diversity.For more information, please visit our website at: www.messefrankfurt.com/sustainability. With its headquarters in Frankfurt am Main, the company is owned by the City of Frankfurt (60%) and the State of Hesse (40%). For more information, please visit our website at: www.messefrankfurt.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Sharm El Sheikh, Egypt, Oct 31, 2025 - (ACN Newswire via SeaPRwire.com) - Today, the Kingdom of Saudi Arabia solidified its global leadership in public financial auditing and accounting by winning the chairmanship of the International Organization of Supreme Audit Institutions (INTOSAI). The announcement was made during the 25th General Assembly of INTOSAI, held in Sharm El-Sheikh under the patronage of His Excellency President Abdel Fattah El-Sisi of the Arab Republic of Egypt.Saudi ArabiaSaudi Arabia Assumes Chairmanship of INTOSAIThe General Assembly declared Saudi Arabia, represented by the General Court of Audit (GCA), as the Chair of INTOSAI starting in 2031 for a three-year term. Saudi Arabia will host delegations from over 195 countries, led by the heads of Supreme Audit Institutions, assuming leadership of the world's foremost organization in financial and performance auditing. This role positions Saudi Arabia to steer global efforts in enhancing transparency, public sector governance, and government performance, while reinforcing public trust in national economies.On this occasion, His Excellency Dr. Hussam Alangari, President GCA, extended his congratulations to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, acknowledging their unwavering support and empowerment of GCA. He emphasized that this achievement reflects the Kingdom's international standing and global trust, enabling it to play a pivotal role in advancing auditing and accountability worldwide. Dr. Alangari highlighted the transformative developments in organizational independence, technical and human capacity, and methodological innovation that have enabled GCA to achieve its vision of impactful audit, public sector effectiveness, and quality of life for citizens. He added: "Saudi Arabia welcomes the world in 2031, and we look forward to hosting everyone in Riyadh to shape a global future that promotes transparency, governance, and governmental effectiveness."This milestone crowns decades of international engagement led by Saudi Arabia through GCA, starting with its early membership in INTOSAI in 1977. Saudi Arabia has consistently taken leadership roles in international and regional organizations, including serving as Chair of the Arab Organization of Supreme Audit Institutions (ARABOSAI) for two consecutive terms since 2022, and the upcoming Chair of the Asian Organization of Supreme Audit Institutions (ASOSAI) starting in 2027. GCA has also led numerous INTOSAI committees and initiatives focused on capacity building and enhancing the efficiency of peer SAIs in developing countries, reflecting the Saudi Arabia commitment to advancing auditing and accountability globally.Founded over seventy years ago, INTOSAI is the largest and most prestigious international organization uniting Supreme Audit Institutions worldwide. Today, it comprises over 195 member countries, each represented by its Supreme Audit Institution, working to enhance transparency, governance, and public sector auditing, with the ultimate goal of improving citizens' lives around the world.Contact InformationGeneral Court of AuditMedia Centergca@gca.gov.sa0114056770SOURCE: General Court of Audit Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Oct 31, 2025 - (ACN Newswire via SeaPRwire.com) – The global energy transition presents an irreversible trend in the world today. Amidst this historic process, the energy storage industry is particularly critical in the construction of new power systems. Its exponential growth trajectory unequivocally declares it to be a “Golden Track” brimming with long-term potential. From an investment perspective, when selecting companies in the energy storage sector, leading players with high growth visibility and strong certainty are clearly the most worthwhile targets for current focus and monitoring. ZhiTong Finance believes that Xiamen Hithium Energy Storage Technology Co., Ltd. (hereafter referred to as “Hithium Energy Storage”), which recently filed its Application Proof for listing with the Hong Kong Stock Exchange (HKEX), is a prime example.Founded in 2019, Hithium Energy Storage has achieved an extraordinary market position in just over five years. This is naturally reflected in its financial statements, where core financial data continues to trace a steep upward curve. For instance, building on a high base from last year, Hithium Energy Storage’s revenue reached RMB 6.971 billion in the first six months of this year, representing a massive year-on-year increase of 224.6%. Gross profit rapidly expanded from less than RMB 100 million in the same period last year to RMB 916 million, marking a robust year-on-year surge of 1073.4%. The net profit metric also underwent a simultaneous “qualitative change,” successfully turning profitable in the first half of the year with a profit of RMB 223 million.Even more noteworthy, Hithium Energy Storage's latest performance trend has released a strong value signal: its more profitable international business is powerfully “taking the baton” to become the new “locomotive” contributing incremental performance. In the first half of this year, the proportion of Hithium Energy Storage's international revenue surged to 17.5%, a “qualitative leap” compared to 3.3% in the same period last year. While the revenue weight increased significantly, the profit potential of the international business was also initially unlocked. It is estimated that Hithium Energy Storage's international business achieved a gross margin of 30.5% in the first half, a figure significantly higher than the 9.5% gross margin of its Chinese mainland business during the same period. The rapid scaling of Hithium Energy Storage's international business is largely due to its early and acute recognition of the importance of overseas markets, evidenced by its proactive establishment of a production base in Texas, USA, making it the first Chinese company to set up energy storage system production capacity in the United States. With the rapid expansion of its international business, it is reasonable to expect Hithium Energy Storage’s revenue scale and profitability metrics to continue growing rapidly.Cultivating Global Competitiveness Around Core StrategiesThe corporate history of Hithium Energy Storage can, in a way, be viewed as a classic example of the global offensive launched by Chinese manufacturing. Over the past few years, Hithium Energy Storage’s business volume has continuously climbed new steps. According to the company’s prospectus, the compound annual growth rate of Hithium Energy Storage’s ESS battery shipments reached 167% from 2022 to 2024. In the first six months of this year, Hithium Energy Storage's ESS battery shipments reached 30 GWh, with a year-on-year growth rate of 252.9%. Despite the high base, there is no sign of a “regression to the mean” in its shipment growth rate; instead, it has further accelerated.The secret behind the consistently rapid increase in Hithium Energy Storage's product shipments is likely embedded within the company's three core strategies. Focusing on energy storage is one of the company's core strategies. Placing Hithium Energy Storage within the industry perspective, this is clearly an “atypical” new energy technology company. The key feature of this “atypical” nature is that since its inception, the company has consistently focused solely on the energy storage sector, unlike other leading companies in the industry that disperse their focus across the upstream and downstream of the industrial chain. It is likely due to this singular focus that Hithium Energy Storage is able to better understand the fundamental logic and core challenges of the industry. The continued realization of high growth expectations this year is undoubtedly closely linked to the company's unwavering focus on the energy storage domain, based on a deep understanding of the market.In an era where technological innovation is playing a decisive role in the global competitiveness of the manufacturing industry, any manufacturing enterprise aiming to break out must establish a leading edge in technology and product capabilities. By adhering to the core strategy of building competitive barriers through R&D and innovation, Hithium Energy Storage has consistently matched the vast and rapidly growing market demand with high-quality supply over the years. Data shows that Hithium Energy Storage's cumulative expenditure on R&D exceeded RMB 1.5 billion from 2022 to the first half of 2025. To date, the company has assembled an R&D team of over 1,030 professionals, with over 30% holding a master's degree or higher. This continuously growing R&D expense and powerful R&D talent pool provide the foundational support for Hithium Energy Storage to intensively launch innovative products.In terms of energy storage battery products, Hithium Energy Storage currently mainly offers 280Ah and 314Ah cells and has unveiled the ∞Cell 587Ah and ∞Cell 1175Ah ESS batteries. Furthermore, it has introduced the sodium-ion ESS battery with a cycle life exceeding 20,000 cycles. Protected by its strong core scientific and technological capabilities, the company has entered a vigorous new product cycle.For energy storage system products, Hithium Energy Storage provides all-round energy storage systems with leading capabilities that can be applied in power stations, grids, data centers, commercial and industrial, and residential scenarios. Current delivered products include the 5MWh liquid-cooling energy storage system. Last month, at RE+ 2025—the largest and most influential international solar and energy storage exhibition globally, held in Las Vegas, USA—Hithium Energy Storage unveiled energy storage solutions for AI Data Centers (AIDC), such as the ∞Power 6.25MWh 8h lithium-ion long-duration energy storage system.Its core R&D innovation strength has also provided crucial assistance for Hithium Energy Storage to achieve scaled production and extreme efficiency. It is reported that Hithium Energy Storage has continuously overcome technological bottlenecks and successfully iterated four generations of smart factories within the last three years, leading to a continuous decline in unit manufacturing costs over the past three years. Currently, the company’s fifth-generation factory is also under construction and is expected to commence operation next year. Combined with the explosive growth in Hithium Energy Storage’s shipment data, it is fair to say that “Hithium Smart Manufacturing” has become a reality. Furthermore, the prospectus reveals that the ∞Cell 587Ah, ∞Cell 1175Ah, and ∞Cell N162Ah ESS battery cell products, as well as the ∞Power 6.25 MWh 2h/4h ESS system product, are all expected to achieve mass production in the second half of the year, which will lead to a continued significant increase in Hithium Energy Storage’s shipments in the latter half of the year.How to Evaluate the Investment Value of an “Evolving” Energy Storage Leader?Looking across the global capital markets, star technology stocks in mainstream markets have generally been favored by capital this year. The clear dominance of the growth style is underpinned by emerging industries, including new energy, which are gradually becoming critical drivers stimulating current economic growth, thereby guiding market consensus and capital flows.Given Hithium Energy Storage's strong growth DNA, its consistent delivery on growth expectations over the past few years, and its high growth visibility for the future, it is anticipated that the company will become a highly sought-after “hot commodity” in the new stock market after its listing on the HKEX.Reviewing its historical performance, Hithium Energy Storage achieved a compound annual growth rate of 89% in revenue from 2022 to 2024. The gross profit margin significantly jumped from 11.3% in 2022 to 17.9% in 2024. Concurrently, the net profit metric achieved a historic turnaround in 2024, reaching RMB 288 million. Over the same period, the company's metric of total assets minus current liabilities also grew annually, increasing from RMB 718 million in 2022 to RMB 1.701 billion in 2024, indicating a continuously optimizing balance sheet. Building upon the high-performance base of 2024, Hithium Energy Storage's core financial data continued its rapid advance in the first half of this year, strongly fulfilling growth expectations.A detailed analysis shows that Hithium Energy Storage’s proactive adjustment of its business structure and market strategy is also a key reason for the leap in its financial data. In terms of business structure, the company continues to promote the development of businesses with higher added value. According to data from the prospectus, the revenue from energy storage systems accounted for 18.3% of total revenue in the first half of this year, a significant increase from 7.9% in the same period last year. From a profitability perspective, the gross margin for the ESS System business was 29.7% in the first half, notably higher than the 9.7% gross margin for the ESS Battery business. The rising weight of high-margin business clearly had a positive impact on increasing the company's profits.Regarding its market strategy, as stated at the beginning of the article, Hithium Energy Storage has achieved global operations covering the entire value chain, guided by its globalization strategy. In 2024, the company's international revenue ratio historically rose to 28.6%. In the first half of this year, Hithium Energy Storage's revenue scale and revenue contribution ratio in Europe, the Middle East, Africa, Australia, and other countries and regions in Asia all significantly increased. All evidence indicates that Hithium Energy Storage's strategic move to establish advanced production capacity in the United States played an extremely critical role in the further scaling of the company's overall performance in the first half of this year. Currently, the company's strategy of building a diversified global market is accelerating in its effectiveness, and its reliance on any single regional market is significantly reduced.ZhiTong Finance believes that Hithium Energy Storage's track record has already proven it to be a company with deep growth DNA. Furthermore, considering the broad prospects of the energy storage sector and the company's long-term strategy of increasing its presence in international markets, the company's growth sustainability and visibility are excellent. Therefore, Hithium Energy Storage can be considered a high-potential stock in the energy storage field with significant long-term investment value. A company that aligns with market preference and investor expectations, upon its successful listing on the HKEX, is highly likely to be sought after by various capital sources. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com