Month: October 2025

HONG KONG, Oct 2, 2025 - (ACN Newswire via SeaPRwire.com) – For a beverage company, the challenge of maintaining core category strengths while simultaneously exploring new growth avenues is a long-term issue. IFBH Limited (“IFBH”, 6603.HK) has its own solution. Recently, INNOCOCO under lFBH Limited officially launched two major new products, i.e. INNOCOCO electrolyte water, and simultaneously announced Teens in Times (TNT, a wildly popular boy group in Asia) as its first-ever Asia-Pacific Brand Ambassador. This initiative not only delivers IFBH’s profound insights into “healthy beverage” market, but also represents a forward-looking planning decided by its management team led by the CEO, Mr. Pongsakorn Pongsak, in response to the market trend. From the absolute leader in the coconut water market to a new entrant in the functional beverage market, IFBH is exploring a higher growth ceiling for itself.Investing in the functional beverage to usher in a new growth cycleCurrently, benefiting from its precise grasp of consumers’ demands, the functional beverage is expanding into a new market at the pace of materially exceeding than that of traditional categories. According to CIC (China Insights Industry Consultancy Limited), the market size of functional beverage in Greater China is expected to be US$20.3 billion in 2025 and to increase to US$27 billion in 2029, with a compound annual growth rate of 7.5%. IFBH, which has consistently ranked first in mainland China and second globally in the coconut water market for many consecutive years, is now expanding into the functional beverage market with the launch of INNOCOCO electrolyte water. This move is not only a natural strategic progression but also a way to leverage its mature supply chain, brand strength, and channel resources to preemptively secure future growth opportunities. Unlike traditional hydration beverages on the market, the new INNOCOCO electrolyte water emphasizes a dual “Natural + Functional” attribute. It retains real coconut water ingredients, reinforcing the brand’s “natural and healthy” user perception, while its “Double Electrolytes + B Vitamins” formula expands the consumption scenario from simple thirst-quenching to high-frequency occasions like post-exercise recovery and enhanced focus during study or work. This strategically targets the consumption upgrade demands of both Gen Z and urban white-collar professionals. This user-centric product extension not only reduces market education costs for the new product but also enables rapid conversion leveraging the existing customer base, injecting new momentum into revenue growth. Regarding this, Mr. Pongsakorn Pongsak, CEO of IFBH Limited (the manufacturer and distributor of the INNOCOCO brand), said, “This is more than just a new product launch; it’s a brand refresh. It signifies our evolution from a trusted coconut water brand into a thoughtful companion for today’s vibrant generation.” This comment precisely highlights the core of IFBH’s strategic move – a shift from a “single category” towards “diversified portfolio”, aiming to unlock greater growth potential through diversification. Empowered by Teens in Times (TNT) to activate the youth marketThe appointment of Teens in Times (TNT) as brand ambassador is a precise move to reach the target audience. “Through Teens in Times (TNT) serving as our brand ambassador, we will bring INNOCOCO closer to young consumers than ever before.” Mr. Pongsakorn Pongsak said.As a super-popular idol group in the Asia-Pacific region, Teens in Times (TNT) boasts a massive fan base and holds significant influence and high topicality among young Chinese consumers. By partnering with them, IFBH gains multi-faceted benefits in brand rejuvenation, social media buzz, and cross-border influence, allowing the new product to rapidly penetrate target consumer circles. This creates a powerful trifecta of “Product+Celebrity+Scenario”. On the day the partnership was announced, the hashtag #INNOCOCOunderIFBHwelcomeTNTasbrandAmbassador# quickly soared to the Top 6 on Weibo Hot Search, garnering over 130 million reads and directly driving a sharp increase in traffic and orders for the INNOCOCO official flagship store, tangibly demonstrating the market impact of the endorsement.It is worth noting that while launching new products and marketing campaigns, IFBH maintains a balance between short-term performance and long-term growth. In the first half of 2025, IFBH achieved revenue of US$94.5 million, a 31.5% year-on-year increase, with an adjusted net profit of US$18.9 million, up 13.9% year on year. The robust growth of its core business provides a solid foundation for promoting new products.With the launch of INNOCOCO electrolyte water, bolstered by its existing channel foundation and new partnerships, IFBH is establishing a development pattern driven by both “Brand Momentum” and “Channel Velocity”. This not only promises sales growth but also indicates a simultaneous upgrade in IFBH’s brand power and channel capabilities, potentially leading to higher gross margins, faster inventory turnover, and stronger risk resilience.In a beverage market plagued by severe homogenization, IFBH’s success is no accident. From entering the functional beverage segment to leveraging Teens in Times (TNT) to engage the youth market, each step demonstrates the management’s deep market understanding and forward-thinking strategy. Looking ahead, as IFBH accelerates its penetration into target markets through new product promotions, celebrity endorsements, and brand rejuvenation, the Company is well-positioned to achieve growth in both revenue scale and profitability, further consolidating its leading market position. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

SEOUL, S.KOREA, Oct 2, 2025 - (ACN Newswire via SeaPRwire.com) - Silverella, a women's-health startup founded by entrepreneur Baik, today announced the launch of its patent-pending incontinence underwear designed for women seeking sustainable, comfortable, and dignified solutions. Manufactured in an FDA-registered facility and certified by OEKO-TEX® Standard 100 Class 2, Amfori BSCI, and PFAS-Free testing (Intertek/SGS), the new line is scheduled to debut in November 2025 through a domestic crowdfunding campaign in Korea.With Silverella, Baik extends her mission to address the overlooked issue of incontinence. Globally, more than 400 million women experience bladder leakage, yet solutions remain limited. Silverella's ESG-based design integrates:Patent-pending silver yarn at the fiber stage for antimicrobial performance.Bamboo viscose layers for absorption and odor control.3M Scotchgard™ quick-dry, stain-release finishing.PFAS-Free waterproof barrier, third-party verified.Baik, who previously worked as a CPA at KPMG and in finance at Deutsche Bank on Wall Street, later transitioned into global manufacturing as CFO of a Hong Kong company. Her earlier venture, Trendix, was recognized as a "Best Period Underwear" by The New York Times and featured in Forbes after raising its Kickstarter goal in just four days. Trendix also donated over USD 150,000 worth of products worldwide."Silverella is more than a garment — it's a way to preserve dignity in everyday life," said Baik. "We are combining tested safety standards with thoughtful design to empower women globally."Key Certifications & TestsFDA-registered facility (U.S.)OEKO-TEX® Standard 100 (Class 2, 2024–2025)Amfori BSCI (2023)Intertek/SGS: PFAS not detected, heavy metals not detected3M Scotchgard™ eco-friendly finishLaunchSilverella will officially launch in November 2025 through Korean crowdfunding platforms, with international expansion to follow.Media contactBrand: SilverellaContact: Joy BaikWebsite: https://www.thesilverella.com/ Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

香港，2025年10月2日 - (亚太商訊) - 卓悦控股有限公司（「卓悦」或「集团」，股票编号：653.HK）已公布截至2025年6月30日止十八个月（「期内」）之财务业绩。期内，集团继续坚定推进以「科技+消费」为核心的战略转型，以「香港猫」全球跨境电商平台为引擎，积极推进科技研发（卓悦科技）、美妆智造（美颜产业）、跨境枢纽（香港猫）、产融结合（创新产业）的「四轮驱动」业务格局，塑造了融合「跨境电商+智慧物流+AI营销」的全新数字化综合生态，实现传统与创新并行的商业模式，惠及消费者、商户及供应商并打造「全渠道卓越体验」。业绩表现受一次性因素影响 控股股东坚定支持彰显发展信心期内，集团营业额约9,100万港元，毛利约3,445.4万港元，总体毛利率约为38%，毛利率百分比改善31%，美容、健康及生活时尚产品的批发及零售的毛利率为63%；期内融资活动现金流入净额约为4,790万港元，主要为其他借款及股东贷款所得款项。期内，集团公司拥有人应占亏损约为2.78亿港元，主要是受到非营运支出与非现金会计拨备共同产生的一次性影响，金额约共2.02亿港元之非经常性项目，其中包括对CR Business Innovation Investment Fund L.P. 之投资减值约1.53亿港元，主要归因于该基金持有物业资产之市场价值下调；及按预期信用损失模型计提之贸易及其他应收款项拨备约4,900万港元。剔除该等一次性特殊项目后，集团核心业务所致亏损约为7,600万港元。同时，卓悦集团主席兼执行董事兼控股股东陈健文先生（「陈先生」）就集团 2025年9月「以1供3供股」，以股东贷款抵销方式全额认购其配额，展现了控股股东对集团的长期支持与信心，并可减少集团就股东贷款之利息支出。是次供股集资符合股东利益，契合集团业务扩展所需，且更具可持续性与股东参与性。预期将有助推动集团资产净值增加，优化集团资本结构，为未来业务发展提供更多资金支持，为股东创造更大可持续价值。此外，集团致力于数码转型，不仅限于客户端营运，更延伸至内部流程优化。期内，卓悦通过自动化与人工智能驱动的工作流程，显著提升营运效率，减少冗余并提高人均生产力，营运成本包括人力资源录得大幅精简。同时，集团积极推行资源节约流程，契合全球ESG标准，并降低环境足迹。融合「传统零售的根基」 引领「数字智能创新」「卓悦生态」重塑零售互动模式聚焦长期增长，卓悦近年将资源集中投入升级「香港猫」跨境电商平台，紧握跨境电商与数字经济的发展机遇及根植香港的相关优势，在持续挑战与转型机遇之间寻求平衡。期内，集团加速创新性布局，包括跨境电商、数字化生态系统、人工智能新零售解决方案等，以及依托中国内地保税仓库与跨境保税自动售卖机运营的线上线下融合供应链。作为集团转型升级的核心载体，「香港猫」近年已升级为整合全球供应链、支付结算、跨境物流与数字营销的综合贸易生态体系，重塑零售互动模式。凭借集团的「传统零售的根基」资源与「数字智能创新」布局，「香港猫2.0」现已支持来自34个国家及41个市场的香港商户与海外品牌，汇聚超过39万项商品及4,600家供应商。同时，「香港猫」新推出「一键开店、一键销售、一键分润」的「小三通」招商体系，实现「一站通全球」，助力商家轻松完成上架、销售与利润分配。其中，「一键分润」为全新推出的合作伙伴奖励计划，通过自订佣金与分享奖励机制等，显著提升产品曝光与转化效率，为商家开拓更广阔的市场空间。未来，凭借先进基建与本地化专业优势，「香港猫」将持续深化大湾区布局并拓展全球市场版图。同时，卓悦集团亦紧握粤港澳大湾区战略合作机遇：一方面于东莞银城酒店打造首个沉浸式会员体验中心，结合「所见即所购」的场景创新，提升跨境零售体验；另一方面，持续运营广州大学城的「粤港澳青年创业孵化器」，培育新一代产业创新人才，为香港科技与零售的发展做出「卓悦」贡献。在国际贸易领域，卓悦集团将通过「香港猫」跨境电商平台，赋能内地企业出海，协助企业开拓国际市场。卓悦主席陈健文先生表示：「卓悦将继续坚守『科技+消费』的敏捷策略、以『让全球优品无界流通』为使命、以客户为中心的理念，深化『卓悦数字化综合生态体系』。我们将积极把握科技与创新数字经济时代新机遇，构建互联互通、创新驱动的生态系统，以『全球采购 — 智能分销 — 个性化零售』的高效协同打造『全渠道卓越体验』，致力前瞻性战略布局，确保可持续价值创造与卓越股东回报」。关于卓悦控股有限公司 卓悦控股有限公司（股份代号：653.HK）建基于「Beauty, Health & Beautiful Life」的全新概念，自2020年开始积极推动以「科技+消费」为基础的新业务模式。科技研发（卓悦科技）、美妆智造（美颜产业）、跨境枢纽（香港猫）、产融结合（创新产业）的「四轮驱动」业务格局，实现持续增长和价值创造。集团现于香港猫、天猫全球、考拉、eBay、Facebook和微信商城等46个中国内地及海外网购平台拓展电商业务，提供超过39万款销售产品，共销售往34个国家和地区。卓悦不断创新和调整商业模式以适应外部环境的变化，对市场新动向保持敏锐的触觉，致力为商户和顾客提供更优质和更多元化的服务，贯彻卓悦的企业理念。 Copyright 2025 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Vancouver, BC, Oct 2, 2025 - (ACN Newswire via SeaPRwire.com) - Transoft Solutions, a global leader in transportation engineering, analysis, and operations software, is now officially an accredited AiRAP data provider, reinforcing its support for the International Road Assessment Programme's (iRAP) vision of a world free of high-risk roads. This achievement enables more efficient iRAP Star Rating assessments performed by road safety professionals and practitioners.iRAP's Star Rating methodology uses a predictive, risk-based approach to assess roads universally by reviewing attributes present along the road corridor. The time-consuming traditional method of conducting an iRAP Star Rating involves accredited coders manually reviewing video footage of road, 100m at a time, and coding more than 50 road attributes. These attributes are then processed through iRAP's ViDA software to get an objective star rating measure of the level of safety for vehicle occupants, motorcyclists, cyclists, and pedestrians. To scale this process, iRAP launched AiRAP in 2019, which stands for the "accelerated and intelligent" capture of road safety data. Learn more about AiRAP at: www.irap.org/airap.Figure 1. Star Rating Calculations as demonstrated in AssetMAPPER RoadsTransoft AssetMAPPER® Roads, an AiRAP accredited inspection system, has expanded its capabilities to simplify the road coding and data preparation steps in road assessments, lowering costs per unit of road assessed and streamlining inventory and condition data collection, performance monitoring and risk analysis, and lifecycle planning.Under the traditional road coding approach, AssetMAPPER allows users to manually code road attributes from 360° video footage through its user-friendly web browser interface. Under the AiRAP framework, AssetMAPPER enables open-source data and advanced computer vision in 360° video footage to accelerate the automated coding of 20 road attributes.As an accredited AiRAP data provider with an accredited inspection system, AssetMAPPER can help you:Accelerate the road coding and data preparation processes for iRAP Star RatingsLeverage multiple data sources, including open-source data and advanced computer vision in 360° video footageEnhance road assessments and planning with repeatable, scalable toolsFigure 2. Road Coding Features as demonstrated in AssetMAPPER Roads"We are honored to receive AiRAP accreditation for AssetMAPPER, reaffirming Transoft Solutions' commitment to advancing global road safety through innovation. This recognition highlights the power of automation in transforming how road attributes are assessed, making safety evaluations more efficient, consistent, and scalable," says Matthieu Levivier, Director of Business Development at Transoft Solutions.About AssetMAPPERAssetMAPPER is a web-based application designed to support the inventory, inspection, and assessment of roads. Featuring an intuitive interface, 360° video integration, and advanced computer vision, it streamlines data collection, performance monitoring, and lifecycle planning.Trusted by transportation agencies, governments, and port authorities, AssetMAPPER automates asset collection and classification, helping reduce costs, save time, and improve decision-making for infrastructure management at any scale. With the added AiRAP capabilities, road assessment is further streamlined in the coding and data preparation steps, allowing for faster planning of preventative maintenance and upgrades.To learn more about AssetMAPPER, visit: www.transoftsolutions.com/landing/assetmapper-airap-accreditationAbout Transoft SolutionsTransoft Solutions develops innovative and highly specialized software for aviation, civil infrastructure, and transportation professionals. Since 1991, Transoft has remained focused on safety-oriented solutions that enable transportation professionals to work effectively and confidently. Our portfolio of planning, simulation, modelling, and design solutions is used in over 150 countries, serving more than 50,000 customers across local and federal agencies, consulting firms, airport authorities, and ports. We take pride in providing the highest quality of customer support from our headquarters in Canada, and through our offices in Sweden, the United Kingdom, the Netherlands, Australia, Germany, India, Belgium, France, Spain, Slovenia, and China. For more information on Transoft's range of aviation, civil design, and traffic safety solutions, visit: www.transoftsolutions.com.Media ContactPublic Relations, Transoft SolutionsEmail: publicrelations@transoftsolutions.comSOURCE: Transoft Solutions, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Oct 2, 2025 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) is pleased to announce that Sophia Chong assumed the role of Executive Director on 1 October.Ms Chong states: “The global economy is ever-changing, and Hong Kong’s role as a "superconnector" and "super value-adder" is more crucial than ever. The HKTDC has long stood shoulder to shoulder with Hong Kong businesses, helping enterprises seize opportunities amid global uncertainty. We will continue to enhance the depth and breadth of our services, leveraging Hong Kong’s unique strengths and advantages, to support businesses in boosting competitiveness and exploring new markets. At the same time, we will attract more enterprises to utilise the Hong Kong platform for international expansion, which will inject new momentum into our city’s economy and solidify its position as an international business hub.”On the same day, Jenny Koo took over the office of Deputy Executive Director, overseeing international exhibitions and related services and digital business.Ms Chong comments: “Jenny has served the HKTDC and SMEs for many years, bringing extensive experience and a broad perspective across areas. She is well-equipped to help enterprises navigate challenges and capture fresh opportunities. Her wealth of experience and innovative mindset will empower our team to deliver dynamic results.”Prior to her promotion, Ms Koo served as Assistant Executive Director, overseeing exhibitions and digital business initiatives, with a focus on promoting Hong Kong’s external trade.In 2020, as Director of Exhibition Market Development, she successfully transitioned physical exhibitions to virtual platforms. In 2021, she took on the role of Director of Digital Business, leading the formulation and implementation of the HKTDC’s digitalisation strategies as well as the upgrade of our hktdc.com Sourcing platform, all to enable SMEs to embrace digital technology. Media enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Sunny NgTel: (852) 2584 4357Email: sunny.sl.ng@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in 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. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

利雅得，沙特阿拉伯, 2025年10月2日 - (亚太商讯 via SeaPRwire.com) - 沙特电力公司（SEC）董事会宣布，自2025年10月1日起，任命哈立德·本·萨利姆·阿尔加姆迪(Khalid Bin Salem AlGhamdi )工程师为公司首席执行官。该决定体现了董事会对沙特人才能力的信心，以及他们在推动王国电力行业发展中发挥的重要作用，而电力行业是该国正在进行的经济和社会转型的重要推动力。沙特电力公司任命哈立德·本·萨利姆·阿尔加姆迪工程师为首席执行官在谈及此次任命时，阿尔加姆迪工程师表达了对这份信任的深切自豪，并向“两圣地守护者”萨勒曼·本·阿卜杜勒阿齐兹·阿勒沙特国王，以及王储兼首相穆罕默德·本·萨勒曼·本·阿卜杜勒阿齐兹·阿勒沙特殿下（愿真主保护他们）致以诚挚的感谢，感谢他们对沙特电力公司（SEC）始终如一的支持，使公司能够取得重大里程碑，并不断强化其在推动国家发展中的作用。他同时感谢能源大臣阿卜杜勒阿齐兹·本·萨勒曼·本·阿卜杜勒阿齐兹王子殿下的指导和密切关注，他的领导力始终是SEC成功的重要基石。阿尔加姆迪工程师还感谢公司董事会的信任和支持，并强调这种信心将成为持续努力的重要动力，以满足客户和股东的期望。他补充道：“与SEC的同事们一道，我期待开启新的集体奋斗篇章，继续在各个方面巩固公司既有成就。在真主的恩典下，我们将持续满足全国超过1100万客户的期望，提供可靠且高质量的电力服务。我们将着力进一步提升电网可靠性，并不断增强公司对‘沙特愿景2030’宏伟目标的贡献——巩固SEC作为国家领先公共事业机构以及全球能源格局关键参与者的地位。”阿尔加姆迪工程师被认为是王国杰出的国家级领导之一。他曾在沙特电力公司（SEC）担任多个高级职位，包括技术服务执行副总裁、风险与合规代理副总裁、2022年至2023年间的总工程师，以及数字与技术高级副总裁。在这些岗位上，他主导并监督了公司范围内多项重要战略和项目的实施。联系信息Saudi Electricity CompanyAl-Arid, Riyadhalkahrabacare@se.com.sa920001100来源: Saudi Electricity Company Copyright 2025 亚太商讯 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Oct 2, 2025 - (ACN Newswire via SeaPRwire.com) - Blockpass, the identity verification and compliance service for blockchain and beyond, is excited to announce the launch of its new and improved On-Chain KYC® 2.0. With the adoption of crypto growing rapidly, Blockpass has created a flexible, powerful solution for blockchain identity verification and attestation which doesn’t compromise on privacy or security.Blockpass, the Safe Network for Crypto™, has pioneered reusable identities and crypto-native KYC/AML solutions. Its turnkey suite of compliance tools is designed to lower onboarding costs, automate remediation, prove humanity and protect against malicious actors, fraudulent activities, bots, and AI. Businesses can set up services quickly, test them for free, and start verifying users. With around one million verified identity profiles, Blockpass facilitates instant onboarding, and to date over a thousand businesses have taken advantage of this opportunity to benefit from Blockpass’ compliant network.With the addition now of On-Chain KYC® 2.0, businesses are empowered to create verified, reusable digital identities for users, both on the blockchain through on-chain attestations, or off the blockchain through zero-knowledge proofs. By working with existing attestation services on a range of blockchains such as Ethereum and Solana, users don’t have to worry about building or maintaining their own smart contracts, but instead gain access to single solution that focuses on interoperability, and simplifies the integration process for their dApp or platform with the existing ecosystem.Through this system, businesses are protected from having to handle or store the personal data of end-users. Instead, through Blockpass’ privacy-centric checks, they are able to rely on the verification result or ‘attestation’ that they issue, being accurate and true. With customisable elements that include identity document verification, accredited investor status, geographical residency, AML and sanctions checks, age requirements, and expiry dates, On-Chain KYC® 2.0 enables safe and seamless ongoing monitoring, and a reputation that only strengthens over time."At Blockpass we always aim to provide the most effective, efficient and up-to-date services to those that need them in this ever-evolving world of blockchain and crypto.” said Blockpass CEO Adam Vaziri. “Being able to reveal On-Chain KYC® 2.0 is a real achievement for us as we make complying with regulations the most flexible, effective, safe, secure and privacy-centric it’s ever been.”With the new capabilities that On-Chain KYC® 2.0 offers, Blockpass continues to help the world navigate the developing landscape of crypto regulations whilst adhering to the strictest privacy measures possible. As blockchain and crypto expand in scope and adoption, Blockpass will continue to put out new and updated services that keep people on all sides of the ecosystem safe.About BlockpassBlockpass offers a comprehensive, cost-effective suite of KYC, KYB, and AML compliance solutions for Web3. Built by compliance and crypto experts, our tools lower onboarding costs, automate processes, and protect against fraud. Our core products include our groundbreaking On-Chain KYC® 2.0 for verified, reusable digital identities via on-chain attestations and zero-knowledge proofs, the Advanced KYC Bot™ for automated onboarding, Unhosted Wallet KYC™ for wallet ownership certification, and Travel Rule Hub for fulfilling crypto transfer regulation.We also provide specialized solutions like Launchpad KYC for crypto platforms servicing multiple token offerings, SAFT KYC for private token sales, and Node Sale KYC to verify node participants and prevent fraud. Our Outsourcing services offer expert personnel for compliance management. With a network of more than a million pre-verified crypto investors and more than three thousand crypto VCs, businesses can achieve instant onboarding and accelerate growth. Blockpass is a trusted partner for industry leaders like Animoca Brands, Cardano, and Polygon, helping to build the Safe Network for Crypto™.Learn more and engage the Blockpass team:Website: http://www.blockpass.orgBook a Call: https://www.blockpass.org/book-your-call/Email: sales@blockpass.org Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

RIYADH, KSA, Oct 2, 2025 - (ACN Newswire via SeaPRwire.com) - The Board of Directors of the Saudi Electricity Company (SEC) has announced the appointment of Eng. Khalid bin Salem AlGhamdi as the company's Chief Executive Officer, effective October 1st 2025. The decision reflects the Board's confidence in the capabilities of Saudi talent and their vital role in advancing the Kingdom's electricity sector, a key enabler of the country's ongoing economic and social transformation.Eng. Khalid bin Salem AlGhamdiSaudi Electricity Company Appoints Eng. Khalid bin Salem AlGhamdi as Chief Executive OfficerCommenting on his appointment, Eng. AlGhamdi expressed his deep pride in this trust, extending his sincere gratitude to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and to His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister - may God protect them - for their unwavering support of SEC, which has enabled the company to achieve major milestones and strengthen its role in driving national development. He also acknowledged the guidance and close follow-up of His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz، Minister of Energy, whose leadership continues to serve as a cornerstone of SEC's success.Eng. AlGhamdi also thanked the company's Board of Directors for their trust and support, affirming that this confidence will be a driving force to continue working to fulfil the expectations of customers and shareholders. He added: "Together with my colleagues at SEC, I look forward to a new chapter of collective effort building on the company's past achievements across all fronts. With the grace of God, we will continue to meet the expectations of more than 11 million customers across the Kingdom by providing reliable and high-quality electricity services. Our focus will be on further enhancing grid reliability, and increasing the company's contribution to the ambitious objectives of Saudi Vision 2030 - reinforcing SEC's position as a leading national utility and a key player in the global energy landscape."Eng. AlGhamdi is regarded as one of the Kingdom's distinguished national leaders. He has held several senior positions at SEC, including Executive Vice President for Technical Services, Acting Vice President of Risk and Compliance, Chief Engineer between 2022 and 2023, and Senior Vice President of Digital and Technology, where he oversaw the implementation of major strategies and programs across the company.1Contact InformationSaudi Electricity CompanyAl-Arid, Riyadhalkahrabacare@se.com.sa920001100SOURCE: Saudi Electricity Company Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com