Author: indie

HONG KONG, Aug 21, 2024 - (ACN Newswire via SeaPRwire.com) - Hengdeli Holdings Limited (“Hengdeli” or the “Company” and, together with its subsidiaries, the “Group”; stock code: 3389) announced its interim results for the six months ended 30 June 2024 (" the period under review").In the first half of 2024, the global economy was still confronted with multiple pressures such as geopolitical conflicts and inflation risks. China’s economic growth slowed down, while overall operation remained stable and the trend of stabilization continued. In the face of a relatively complex operating environment, under the principle of “sound, steady and long-term operations”, the Group adapted its business to the market conditions and strived for the survival and health of the enterprise to safeguard the interests of its shareholders.During the review period, the Group recorded revenue of RMB580,361,000 (six months ended 30 June 2023: RMB675,621,000), representing a year-on-year decrease of 14.1%; high-end consuming accessories business recorded revenue of RMB352,339,000 (six months ended 30 June 2023: RMB316,992,000), representing a year-on-year increase of 11.2%; commodity trading revenue amounted to RMB228,022,000 (six months ended 30 June 2023: RMB358,629,000), representing a year-on-year decrease of 36.4%. During the period under review, the Group recorded a profit of RMB499,000 (six months ended 30 June 2023: loss of RMB8,799,000), representing a year-on-year increase of 105.7%. Loss attributable to equity shareholders amounted to RMB2,504,000 (six months ended 30 June 2023: loss of RMB1,985,000), representing a year-on-year increase of 26.1%. The increase in loss was mainly attributable to the increase in depreciation expenses on property, plant and equipment and foreign exchange losses incurred by the operating units as a result of exchange rate fluctuations.During the period under review, in regards of high-end consuming accessories business, the Group took various measures to cope with complicated operating environment. The Group laid a solid foundation to maintain stability, sought development driven by innovation, continuously broadened its business modes, enhancing the level of technological innovation, the Group standardized and strengthened its informational and automatic management, all measures mentioned above achieved remarkable results. During the period under review, the high-end consuming accessories business achieved remarkable results, with better growth in both revenue and profit.In terms of international trading, during the period under review, the sales and profit of the international commodity trading business decreased as compared to the same period last year as a result of decline in the selling price of ore sand and the lower purchasing intention of customers, but still maintained a positive profitability. During the period, the Group planned to build a bulk cargo transshipment logistics park in Mexico, which integrates customs clearance, import, transportation and warehousing, and is dedicated to serving large-scale enterprises in China. In terms of international shipping, during the period under review, the global dry bulk shipping market performed strongly. The Group seized the opportunities of the rising market to vigorously expand its business by developing new customers and signing long voyage transportation contracts with its customers to lock in long-term profits for the Company. In addition to engaging in the traditional transportation routes, the Group opened up its first bauxite transportation route between Turkey and China and signed long-term transportation agreements with renowned companies in Turkey, which yielded relatively satisfactory returns. The Group’s shipping business achieved good results in terms of revenue and profit in the first half of the year.At present, the global political situation is still experiencing a high degree of unrest, and the instability and uncertainty of the economic environment are on the rise. While the recovery of the mainland Chinese economy is evident, factors such as the deepening of structural adjustment will continue to pose new challenges. However, the favorable conditions for the economic development of Mainland China outweigh the unfavorable factors, and the trend of stable and long-term development remains unchanged. As the effects from the government’s various economic policies and measures materialized, it is believed that China’s economic growth momentum will continue to rise.In the second half of the year, the Group will continue to adhere to the principle of “sound, steady, and long-term operations”, and will leverage the stable business environment in Mainland China that “pursues stability while seeking progress” to keep abreast of the market trend and further advance the process of international trade steadily. Additionally, the Group will continuously expand and strengthen the international shipping business, which is closely related to international trade, and strive to become a stronger participant in the international shipping supply chain and achieve new breakthroughs in corporate development.The Group will continue to adapt to market demands and continuously enhance the service standard of its integrated services for commercial space in both Mainland China and international markets. The Group will also continuously adjust the manufacturing of high-end accessories for renowned watches while embarking on a limited number of diversified business activities including the manufacturing of high-end consuming accessories in highend lifestyle products such as jewellery, cosmetics and mobile phones, and expanding its commercial space beautification services to include living space beautification services, thus becoming an indispensable independent segment in the industry ecological chain of high-end consuming accessories. Copyright 2024 ACN Newswire via SeaPRwire.com.

SINGAPORE, Aug 21, 2024 - (ACN Newswire via SeaPRwire.com) - In today’s fast-paced digital world, one of the ways small businesses can stay competitive is by adopting innovative marketing strategies. Incorporating new technologies into marketing strategies can help to save time and drive engagement with current and potential customers.Artificial intelligence (AI) is revolutionizing the marketing landscape, making it more accessible and effective for small businesses. From generating compelling content to analyzing customer data, AI tools provide powerful solutions that can streamline marketing efforts, improve customer engagement, and help to drive growth.By leveraging AI, small businesses can both save time and money, while also enhancing the quality and impact of their marketing campaigns. GoDaddy shares some ideas on how to use AI small business marketing tools and strategies to promote your business.What is AI for Small Business Marketing?Artificial intelligence has become an invaluable tool for small business marketing, offering a variety of applications that do not require extensive AI knowledge, large marketing teams, or significant budgets. These AI tools can include such technologies as: text generators that turn prompts into text and copy; graphic generators that turn prompts into custom images, videos, illustrations and presentations, and predictive analytics tools that analyze data to help make forecasts and recommendations.The Value of AI MarketingSmall business owners have a lot to do running their business. Use of AI technologies can help them get more done and more quickly. Use of AI marketing tools for small businesses make it easier to produce higher quality work in less time and with more inspiration and richer insights. AI can help with such tasks as:Identify Trends and Opportunities: AI helps uncover market trends and new business opportunities.Save Time: Automation of marketing tasks helps small business owners to focus on other essential areas of their business.Improve Quality: AI tools can help enhance the quality of marketing outputs, leading to better customer engagement.Cost Savings: By reducing the workload, AI can help businesses save money.Improve Customer Service: AI-driven chatbots and personalized marketing can improve customer interactions.Streamline Customer Experience: AI can tailor the customer journey, making it more efficient and personalized.Targeted Campaigns: AI helps create more precise and effective marketing campaigns.However, AI is not without its challenges. Users should be aware of its limitations, such as potential biases, inaccuracies, and plagiarism because AI is trained on existing content. The need for human oversight to refine and personalize AI-generated content is a must to help ensure the content is true and accurate for your business.How to Use AI for Small Business MarketingIntegrating AI into small business marketing starts with identifying the right tasks and understanding how to prompt AI effectively. AI can be utilized for competitive research, customer insights, and content generation, including drafting first copies, generating ideas, and enhancing existing content. It can expedite website creation, develop keyword strategies, and optimize web pages for SEO.AI also analyzes data to provide valuable business insights and enhances customer service through AI-driven chatbots and automated responses, ensuring efficient and personalized customer interactions. A free resource to get prompts that help get the right responses is GoDaddy’s Prompt Library which includes dozens of customizable input options for AI tools.ConclusionArtificial intelligence is no longer the plotline of a story taking place hundreds of years into the future. Artificial intelligence is a present-day tool that can help to revolutionize small business marketing. It is powerful, accessible and changing the way entrepreneurs can do business. By leveraging AI, through the use of tools that already incorporate AI, are ways that small businesses can stay competitive, save time and money, and produce higher-quality marketing strategies. By embracing AI tools and strategies into your business can help to maximize your marketing efforts and drive business growth.Find out more about how GoDaddy can help your businessAbout GoDaddyGoDaddy helps millions of entrepreneurs around the world start, grow and expand their businesses. People turn to GoDaddy to name their idea, create a professional Web site, attract customers, sell their products and services, and accept online payments. GoDaddy's easy-to-use tools help micro-entrepreneurs manage everything in one place, and its experts are available to provide 24/7 assistance. For more information about the company, visit www.GoDaddy.com.Issued on behalf of GoDaddy. For more information, contact:Fekra Communicationsinfo@fekracomms.com Copyright 2024 ACN Newswire via SeaPRwire.com.

Vancouver, BC, Aug 21, 2024 - (ACN Newswire via SeaPRwire.com) - Q2 Metals Corp. (TSXV:QTWO)(OTCQB:QUEXF)(FSE:458) (" Q2 " or the " Company ") announces that, as a result of a technical review by the British Columbia Securities Commission, the Company is issuing the following news release to clarify its technical disclosure as it pertains to the news release issued on August 19, 2024.The Company previously reported the cumulative grades of drill holes CS-24-007 to CS-24-010 at the Company's Cisco Property over ‘cumulative intervals' and ‘cumulative metres.' This disclosure has been removed from the August 19, 2024 news release as well as all previously issued news releases that reported cumulative intervals and/or cumulative metres.As such, the highlights of the Company's inaugural drilling campaign at the Cisco Property included:CS-24-010: Widest interval of 120.3 m at 1.72% Li 2 O including 19.0 m at 2.06% Li 2 OCS-24-007: Widest interval of 27.1 m at 1.96% Li 2 O including 11.1 m at 2.49% Li 2 OCS-24-008: Widest interval of 19.3m at 1.75% Li 2 O including 6.2 m at 2.23% Li 2 OCS-24-009: Widest interval of 82.1m at 1.43% Li 2 O including 15.7 m at 1.88% Li 2 OThe analytical results reported represent the first 1,017 m of drilling over four (4) holes of the 3,753 m that were drilled over 12 holes at the Cisco Property. Initial visual results of those four holes were reported by the Company on June 17, 2024.The Spring 2024 Drill Campaign was designed to expand upon the 2023 drilling by the Property vendors. Hole CS-23-05 ("Hole 5") drilled by the Property vendor ended in pegmatite and assays results confirmed its widest interval of 48.0 m at 1.23% Li 2 O including 9.0 m at 1.73% Li 2 O.Holes CS-24-009 and 010 ("Hole 10") were designed as 50 m westward step-outs from Hole 5. Assay results from these two holes confirmed wide intervals of spodumene pegmatite, with the widest interval reaching 120.3 m at 1.72% Li 2 O, including 19.0 m at 2.06% Li 2 O in Hole 10.Complete highlighted intervals from holes CS-24-007 to 010 are summarized in Table 1 and represented in Figure 1. All intervals of greater than two (2) metres of core-length are included in the table. Internal dilution of non-pegmatite material was limited to intervals of less than five (5) metres. No specific grade cap or lower cut-offs were used during grade and width calculations. All intervals are reported as core widths and mineralized intervals in all the holes drilled thus far are not representative of the true width as the modelled pegmatite zones are being refined with every additional hole.Figure 1. Map of Inaugural Drill Hole Analytical Results at Cisco PropertyTable 1. Summary of Analytical Results of Spring Drill Holes at Cisco PropertyTable 2. Summary of Drill Hole Collar Information, Cisco PropertyResults from approximately 2,700 m of drilling eight (8) holes (CS-24-011 to CS-24-018) remain to be reported from the Spring 2024 Drill Campaign and will be released as soon as results are available. Drilling at the Cisco Property is ongoing and will continue into the fall of 2024.About the Cisco PropertyThe Cisco Property is comprised of 222 mineral claims and is 11,374 hectares in size. It is located less than 10 kilometres ("km") east of the Billy Diamond Highway, and is approximately 150 km north of Matagami, a small town that contains the closest rail link to much of James Bay. The Property lies within the greater Nemaska Community lands of the Eeyou Istchee Territory, James Bay, Quebec.The Property is situated along the Frotet Evans Greenstone Belt, comprised of a volcanic package dominated by mafic to felsic metavolcanic rocks, of the southern James Bay Lithium District, the same belt that hosts the Sirmac and Moblan lithium deposits, located 130 km and 180 km away, respectively.Sampling, Analytical Methods and QA/QC ProtocolsAs per the BCSC technical review, information required by sections 3.2 and 3.3 of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") that was inadvertently omitted has also been updated.All drill core samples were shipped to SGS Canada's preparation facility in Val D'Or, Quebec, for standard sample preparation (code PRP92) which includes drying at 105°C, crushing to 90% passing 2 mm, riffle split 500 g, and pulverize 85% passing 75 microns. The pulps are then shipped by air to SGS Canada's laboratory in Burnaby, BC, where the samples are homogenized and subsequently analyzed for multi-element (including Li and Ta) using sodium peroxide fusion with ICP-AES/MS finish (code GE_ICM91A50). The reported Li grade was multiplied by the standard conversion factor of 2.153 which results in an equivalent Li 2 O grade. Drill core was saw-cut with half-core sent for geochemical analysis and half-core remaining in the box for reference. The same side of the core was sampled to maintain representativeness.A Quality Assurance / Quality Control (QA/QC) protocol following industry best practices was incorporated into the sampling program. Measures include the systematic insertion of quartz blanks and certified reference materials (CRMs) into sample batches at a rate of approximately 5% each. Additionally, analysis of pulp-split and reject-split duplicates was completed to assess analytical precision. The QP has verified the QA/QC results of the analytical work.Qualified PersonNeil McCallum, B.Sc., P.Geol, is a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by NI 43-101 and has reviewed and approved the technical information in this news release. Mr. McCallum is a director and VP Exploration for Q2.About Q2 Metals CorpQ2 Metals is a Canadian mineral exploration company focused on unlocking its portfolio of lithium projects in the Eeyou Istchee James Bay region of Quebec, Canada, that includes both its 100-per-cent-owned Mia Lithium Property and the Cisco Lithium Property.The Cisco lithium property is located approximately 150 km north of Matagami, Que., and comprises 222 mineral claims and is 11,374 ha in size. The property has district-scale potential with an already identified mineralized zone and a discovery drill result that included 48 metres at 1.36% lithium oxide (hole CS-23-05).FOR FURTHER INFORMATION, PLEASE CONTACT:Alicia MilnePresident & CEOAlicia@Q2metals.comJason McBrideCorporate CommunicationsJason@Q2metals.comTelephone: 1 (800) 482-7560E-mail: info@Q2metals.comWWW.Q2Metals.comFollow the Company: Twitter, LinkedIn, Facebook, and InstagramForward-Looking StatementsThis news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company's properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions.Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Forward looking statements in this news release include, but are not limited to, drilling results on the Cisco Property and inferences made therefrom, the potential scale of the Cisco Property, the focus of the Company's current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company's expectations in connection with the projects and exploration programs being met, the Company's objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile at www.sedarplus.ca.Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.SOURCE: Q2 Metals Corp. Copyright 2024 ACN Newswire via SeaPRwire.com.

JAKARTA, Aug 21, 2024 - (ACN Newswire via SeaPRwire.com) - The much-anticipated Future AI Summit & Awards 2024 - Indonesia Edition is set to take place on August 22 at the JW Marriott Hotel Jakarta. This premier event will gather industry leaders, innovators, and technology enthusiasts from across Indonesia to explore and celebrate the latest advancements in artificial intelligence.Event Highlights:- Keynote Speakers and Expert Panels: Attendees will have the opportunity to hear from some of the brightest minds in AI, including thought leaders and C-level executives who will share their insights on the future of AI technology and its impact on various sectors.- AI Innovation Showcase: Leading companies such as Boomi, Deltadata Mandiri, Freshworks, Tictag, and Sambanova Systems will showcase their cutting-edge AI solutions, providing a platform for exhibitors to demonstrate their latest products and services to an audience of decision-makers and influencers.- Awards Ceremony: The summit will culminate in the prestigious Future AI Awards, recognizing outstanding achievements in AI across multiple categories, including AI Impact Leader of the Year and AI Innovative Leader of the Year.The Future AI Summit & Awards 2024 comes at a crucial time for Indonesia and the event aligns with Indonesia's national strategy to integrate AI technologies across various sectors, fostering economic growth and technological innovation.This event promises to be a transformative experience for anyone invested in the future of AI.For more information, visit www.futureaisummit.com.About OrganizerBConnect Global is a global firm with a novel approach in organizing conferences, events, exhibitions, round-tables and awards. A platform that brings together industry game changers, seasoned entrepreneurs, new entrants and keen learners. Media Contact – ari@bconnectglobal.com Copyright 2024 ACN Newswire via SeaPRwire.com.

The 30th edition of the World Blockchain Summit, organised by Trescon, returns to Dubai once again to set the stage for groundbreaking innovation and thought leadership in the rapidly evolving world of blockchain and Web 3.0.Hosted at Jumeirah Emirates Towers on 10-11th October 2024, this milestone event will bring together over 2,000 blockchain pioneers, web3 innovators, visionaries, and investors to explore the future of decentralized technologies. With a legacy of fostering transformative dialogue, the summit has become a cornerstone for the blockchain community, driving conversations that shape the industry's trajectory.Celebrating the theme of how blockchain-based solutions are reshaping global economies, the summit will highlight both regional and global advancements in web3 technology. Attendees will engage with thought leaders and industry experts to examine the transformative impact of blockchain across various sectors, including finance, supply chain management, and digital identity.Recognized globally as a business hub for groundbreaking technologies, Dubai stands out as a key player in the virtual assets sector. The city offers substantial advantages for Virtual Asset Service Providers (VASPs) and digital economy companies, including forward-looking regulations, a dynamic ecosystem, a proven track record in innovation, and access to a skilled global workforce. These attributes position Dubai as the ideal venue for the World Blockchain Summit, reinforcing its role as a catalyst for the next wave of digital transformation.The summit will feature a robust agenda, including high-profile keynote addresses, panel discussions, and interactive demonstrations. The key pillars of discussions at the summit include enterprise blockchain, tokenization of real-world assets, virtual assets & global laws, the DeFi frontier and more.Amongst the notable speakers at the event are:Yat Siu, Co-Founder and Chairman, Animoca BrandsHaider Rafique, Global Chief Marketing Officer, OKXNils Andersen Röed, Global Head of Law Enforcement Response and Deputy Head of Financial Crime Compliance, Binance.Pankhuri Bansal, Blockchain & AI Expert, United NationsSpeaking on the future of blockchain and the impact of the event, Anil Kumar, Chief Operating Officer of Trescon, stated, “Blockchain has the potential to fundamentally transform industries by enhancing transparency, improving data security, and driving greater efficiency across various sectors.” He added, “The World Blockchain Summit is a vital platform for sparking meaningful dialogue among industry leaders and experts. It provides an opportunity to explore how blockchain intersects with digital marketing and other fields, uncovering its potential to reshape strategies and drive innovation.”Additionally, the summit will host the regional finals of the Startup World Cup, organized by the US-based venture capital firm Pegasus Ventures. The winning startup will earn the coveted opportunity to pitch at the grand finale in San Francisco and win funding worth US$ 1 million.Get ready for #WBSDubai—registration is now live! Grab your early bird tickets today and prepare to dive into the most thrilling blockchain and crypto event of the year. Don’t just witness the future of digital innovation—be a part of it!About TresconTrescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership. With a deep understanding of the realities and requirements of the growth markets we operate in – we strive to deliver innovative and high-quality business platforms for our clients.To book your tickets, visit: https://tinyurl.com/WBSTicket For inquiries, Contact: wbsinfo@tresconglobal.comFor media inquiries and further information, please contact:Shadi DawiDirector, Public Relations & Partnerships - MENAshadi@tresconglobal.com+971 55 498 4989 Copyright 2024 ACN Newswire via SeaPRwire.com.

Financial Summary 1H20241H2023YoY ChangeRevenue (RMB million)18,860.214,278.6+32.1%Gross Profit (RMB million)3,246.52,130.6+52.4%Net Profit (RMB million)1,111.5459.4+142.0%Profit for the Period Attributable to Owners of the Company (RMB million)1,079.0436.7+147.1%Basic Earnings per Share (RMB cents)99.0439.99+147.7% HONG KONG, Aug 21, 2024 - (ACN Newswire via SeaPRwire.com) - Sunny Optical Technology (Group) Company Limited (the “Company”, together with its subsidiaries, the “Group”) (stock code: 2382.HK), a global-leading integrated optical components and products producer, today announced its interim results for the six months ended 30 June 2024.For the six months ended 30 June 2024, the Group's revenue was approximately RMB18.86 billion, the gross profit was approximately RMB3.25 billion, the gross profit margin was approximately 17.2%, the profit for the period attributable to owners of the Company was approximately RMB1.08 billion, and the basic earnings per share was approximately RMB99.04 cents.In the first half of 2024, the global automotive market demonstrated stable growth, with the widespread adoption of new energy vehicles and smart automotive technologies serving as the main driving forces. Against this backdrop, the vehicle camera market has seen significant development opportunities. Leveraging years of in-depth expertise and outstanding technology, the market share of the Group’s vehicle lens sets maintained global No. 1 position, sustaining a decent gross profit margin despite intense competition, showcasing strong competitiveness and lasting market leadership. As the levels of driving automation advance, the market has placed higher demands on the performance and quantity of perception hardware, such as vehicle lens sets and LiDAR, leading to the further expansion of optical products' applications. Consequently, for the six months ended 30 June 2024, the shipment volume of the Group's vehicle lens sets increased by approximately 13.1% as compared to the same period of last year, while emerging optical products like LiDAR and HUD also secured several designated projects, with vehicle-related products continuing to diversify.With the gradual recovery of the global macro economy, demand in the smartphone market has begun to rebound, with high-end flagship models being particularly favored by consumers. Through strategic adjustments, technological advancements, and market adaptability, the shipment volume of the Group's handset lens sets increased by approximately 23.7% as compared to the same period of last year, while the shipment volume of handset camera modules rose by approximately 13.5% as compared to the same period of last year. At the same time, the profitability of both handset lens sets and handset camera modules improved, achieving growth in both volume and price.In the emerging consumer optical business, the XR market has shown some positive signs. With the rapid development of AI technology, XR-related products are gradually evolving from niche entertainment tools to more widely applicable digital tools. The Group has continued to deepen its collaboration with leading global manufacturers in the development and iteration of new products and technologies related to display and interaction. This effort has driven the definition and mass production of several differentiated display optical and sensor optical products, occupying critical position on the supply chain of its renowned customers.Looking forward, the Group will maintain its strategic focus, stick to its main optoelectronics business, and continue to promote the following work. Firstly, the Group will continue to explore new potential in smartphone related businesses and strive to improve business quality. Secondly, the Group will continue to build competitiveness in the fields of vehicles, XR and robotic vision and focus on improving market position. Thirdly, the Group will strengthen the management in capital investment, improve input-output efficiency and focus on optimizing operational efficiency.- The End - Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Aug 21, 2024 - (ACN Newswire via SeaPRwire.com) - To better promote Chinese culture globally, Beiwen Digital, a subsidiary of Beijing Cultural Investment Development Group Co., Ltd. and a directly affiliated enterprise of the Publicity Department of Beijing Municipal Committee, has collaborated with Hong Kong JM Enigma Capital Limited to pioneer the NFT 2.0 era of digital collectibles by integrating cultural assets with modern technology. Today, they co-hosted a press conference and formalized a Memorandum of Understanding (MOU) regarding China's Cultural Digital Assets NFT 2.0 collaboration in Hong Kong.The press conference attracted industry elites and various media outlets. Distinguished guests in attendance included: Wang Yue, Deputy Director of Haixia Capital Mangement Co..Ltd, a subsidiary of the National Development Investment Fund Collection; Li Tao, Representative of Saibo (Beijing) Culture Technology Co., Ltd., under China Digital Culture Group; Jin Hengwei, Deputy Director of National Economic Cooperation Department of China Strategy and Management Research Association; Li Jing, Chairman of Beijing Wanhui Jinrong Artificial Intelligence; He Yi and Yin Tinghua, Director and Associate Dean of Peking University Boya economy intelligence Co., Ltd.; and and Guan Heng, General Manager of Yinsheng Digital Value Co., Ltd.Representatives from Hong Kong included: Sun Lei, Chief Executive Officer of Binson Bank; Chiu Sze Chi, Vice Chairman of Cheuk Nang Holdings Limited; Leung Tin-fu, President of the Hong Kong Art Gallery Association; Pang Po Lam, Chairman of the Asian Institute of Financial Technologists; Professor Yu Changhai, President of the Hong Kong Biotechnology Organisation; Zheng Songyan, President of the Hong Kong Computer Society; Lawyer Kenneth Lee, the representative of Chan Ching-ha, member of the Executive Council of the Hong Kong Special Administrative Region.China possesses a wealth of rich and unique cultural assets. By integrating these valuable cultural assets with modern technology, through creative transformation and development, NFT 2.0 can give rise to cultural products that embody the essence of Chinese culture and spirit. This initiative will facilitate the inheritance and innovation of Chinese culture, as well as enhance international exchanges and cooperation with the global community.The conference centered around the theme of presenting the innovative exploration of advancing traditional cultural industries through digitization. It elaborated on the development prospects of digital assets and NFTs in Hong Kong, elucidated on utilizing Hong Kong's common law, international arbitration law, and international arbitration courts to facilitate the transfer and trading of intellectual property related to NFTs in the international market. The event anticipated the vision of NFT 2.0's innovative development driving Chinese culture towards the global stage. The NFT 2.0 era injects fresh vitality into the flourishing development of China's digital culture. Hong Kong being an international metropolis, particularly serves as a center for cultural and artistic exchanges between China and foreign countries, thereby enhancing its role and providing a robust driving force for the better global outreach of Chinese culture.Photo 1: Zhang Zhifeng, representative from Beiwen Digital delivered awelcoming speech.Zhang Zhifeng, representative from Beiwen Digital has emphasized that the launch of Chinese cultural digital assets NFT 2.0 marks a significant milestone, to globally showcase China’s rich cultural history, spanning five millennials, within a digital format. The millennia-old Chinese civilization carries profound symbolism and cultural treasures, playing a crucial role in this digital era. Beiwen Digital's intellectual property portfolio includes iconic assets such as the Temple of Heaven, Along the River During the Qingming Festival, The Twelve Bronze Chinese Zodiac Animal Heads, Mount Wutai, and more. The company plans to collaborate with JM Enigma Capital to transform these assets into NFT 2.0 for release in Hong Kong. Beiwen Digital aims to preserve and highlight the allure of Chinese culture through digital platforms, enabling the splendour of traditional Chinese heritage to shine on the global stage.Photo 2: Matthew Tai, representative of JM Enigma Capital delivered a speech.Matthew Tai, representative of JM Enigma Capital, emphasised Hong Kong's unique position as an international financial centre and cultural exchange hub. Utilising Hong Kong's economic platform and legal advantages, JM Enigma Capital will fully support the transformation and promotion of the country's precious cultural assets in the digital asset field. He stated that, as a multicultural city, Hong Kong will provide valuable resources and support for cooperation, enhancing the recognition and influence of Chinese culture in the international market.Photo 3: The signing ceremony of the MOU on NFT 2.0, a Chinese culturaldigital asset.First time ever, a priceless masterpiece is being introduced worldwide through digital issuance.Integrating the ancient and the modern by embracing NFT 2.0with Digitally Inspired Treasures from Dunhuang ArtAt the conference, the Temple of Heaven, the first project of digitizing Chinese cultural assets in collaboration between Beiwen Digital and JM Enigma Capital, Chen Youbai, a renowned contemporary Dunhuang colorist artist was invited to introduce the design concepts and ideas behind the Temple of Heaven NFT. The presentation demonstrated how the colors of Dunhuang culture were integrated with the Temple of Heaven, reshaping the intellectual property union of these two cultures and transforming it into NFTs, showcasing the digitized distribution of Dunhuang art. This initiative aims to encourage individuals with aspirations to utilize these intellectual properties for commercial creation and various economic activities. Master Chen Youbai's heavy color paintings are very popular in the domestic and international auction markets, and his masterpiece "Mountain Ghost. Spring Rite was sold at auction in Hong Kong in 2013 for HK$50 million; The work "Belt and Road Style" was auctioned in Edinburgh, United Kingdom in 2023 and sold for £4.51 million. On February 2, 1986, the work "Whistling King" exhibited in Japan was purchased by a local entrepreneur for 17 million yen. In 1993, he visited Poland, Hungary and Russia, and many of his works were purchased and collected by international friends who like Dunhuang art. In October 1996, he participated in the Los Angeles Art Exchange Conference in United States, and during the preview exhibition, Duofu's works were purchased and collected by people from many countries. In September 1999, he participated in the Asian Art Expo Network Exhibition, and many works were successfully auctioned. Many of his works have also been collected by well-known dignitaries and business people in countries and regions such as the United States, United Kingdom, Singapore and Hong Kong.Photo 4: Chen Youbai, a renowned contemporary Dunhuang colorist artistwas invited to introduce the design concepts and ideas behindthe Temple of Heaven NFT.During the event, Representatives from Beiwen Digital, JM Enigma Capital, Beijing Wanhui Jinrong Artificial Intelligence, and Designers team signed a MOU, jointly committing to design and develop NFT 2.0, promoting the commercial development of digital cultural and artistic intellectual property rights.Photo 5: MOU signing ceremony for design collaboration.The strong collaboration between Beiwen Digital and JM Enigma Capital presents new opportunities and challenges for the digitization of precious cultural heritage, not only for the inheritance and innovation of Chinese culture but also for addressing and exploring the digital age. We look forward to Chinese culture flourishing with new vitality in the digital era, enabling the world to better understand and appreciate the profound, extensive, ancient, and benevolent Chinese culture.This press release is dispatched by Vivid Elite Company Limited on behalf of JM Enigma Capital Limited and Beiwen Digital.For any media enquiries, please contact:Ms. Kung, Tel: (852) 46371627, Email: vivid.elite.21@gmail.comOnsite Photo:https://drive.google.com/drive/folders/1OLK26wnfGL_BBu9ySQTjheVTQuvzPgo8?usp=sharingAbout Beiwen Digital (Beijing) Cultural Technology Co., LtdBeiwen Digital (Beijing) Cultural Technology Co., Ltd. ("Beiwen Digital") is a national enterprise that manages national digital and cultural industries, and is a subsidiary of Beiwen Investment (a subsidiary of a state-owned enterprise). Beiwen Digital has a number of national-level cultural assets, such as: Twelve Beast Heads, Qingming Riverside Map, Wutai Mountain, Temple of Heaven, etc. It will also use Hong Kong's International financial platform and its international arbitration law center platform to digitize the national cultural assets under its management and sell them in the form of a new generation of NFT 2.0 in Hong Kong with a view to helping Hong Kong’s financial market enter a new web 3.0 digital financial milestone.About JM Enigma Capital LimitedFounded in 2006, JM Enigma Capital Limited is a conglomerate that manages a range of investment initiatives of its subsidiaries. With years of experience and established recognition in the market, JM Enigma Capital Limited invests in different geographical liquidity markets and real estate markets. In recent years, JM Enigma Capital Limited has focused on the investment and development of digital assets and Web 3.0. Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Aug 20, 2024 - (ACN Newswire via SeaPRwire.com) - H World Group Limited ("H World" or “the Group”, NASDAQ: HTHT and HKEX: 1179.HK) announced its unaudited financial results for the second quarter (“Q2 2024”) and interim period ended June 30, 2024.In the first half of the year, revenue increased by 14.1% year-over-year, with second quarter revenue growth slightly exceeding the upper limit of guidance.H World continues to prioritize customer-centricity, continuously improving the quality of its products and services, leading the industry toward high-quality development. In the first half of 2024, the Group achieved revenue of RMB 11.4 billion (approximately USD 1.6 billion), a 14.1% increase compared to the first half of 2023. Of this, revenue from H World’s business in China("Legacy-Huazhu") was RMB 9.1 billion, a year-on-year increase of 14.3%, while revenue from Huazhu International ("Legacy-DH" or “DH”) was RMB 2.4 billion, up 13.7% year-on-year, with growth in both domestic and international revenue. In the second quarter of 2024, the Group continued to expand its hotel network, achieving revenue of RMB 6.1 billion (approximately USD 846 million), a quarter-on-quarter increase of 16.5% and a year-on-year increase of 11.2%, reaching the upper limit of the previously announced guidance of 7% to 11% growth compared to Q2 2023.On the profitability front, in the first half of 2024, the Group generated an income from operations of RMB 2.6 billion (approximately USD 354 million), representing a year-on-year increase from RMB 2 billion in the first half of 2023. In Q2 2024, income from operations was RMB 1.6 billion (approximately USD 216 million), compared to RMB 1.4 billion in the second quarter of 2023 and RMB 1 billion in the previous quarter. In addition to the growth in both revenue and income from operations, the Group has also improved its profitability through the asset-light expansion strategy. In the first half of 2024, the Group’s operating margin (defined as income from operations as a percentage of revenue) was 22.5%, up 2 percentage points from 20.5% in the first half of 2023. In the second quarter of 2024, the operating margin was 25.6%, an increase from 25.0% in the second quarter of 2023 and 19.0% in the previous quarter, indicating continued optimization of profitability.In the second quarter of 2024, the Group earned a net income attributable to H World Group Limited of RMB 1.1 billion (approximately USD 147 million), compared to RMB 1 billion in Q2 2023 and RMB 659 million in the previous quarter. In order to more effectively reflect the profitability of the Group's core business, adjusted EBITDA (non-GAAP) is used as a measure. In the second quarter of 2024, the Group recorded an adjusted EBITDA (non-GAAP) of RMB 2 billion (approximately USD 280 million), compared with RMB 1.8 billion in the second quarter of 2023 and RMB 1.4 billion in the previous quarter, with both year-over-year and quarter-over-quarter growth.Operational Efficiency Improves Quarter-over-Quarter, Strong Brand AppealIn the second quarter of 2024, Legacy-Huazhu's blended revenue per available room (“RevPAR”) for leased, owned, manachised and franchised hotels was RMB 244, with an average daily room rate (“ADR”) of RMB 296 and an occupancy rate (“OCC”) of 82.6%. In the previous quarter, these figures were RMB 216, RMB 280, and 77.2%, respectively, while in the same period last year, they were RMB 250, RMB 305, and 81.8%. In the second quarter of 2024, all three key operational indicators for Legacy-Huazhu showed quarter-on-quarter increase. Compared to the same period last year, although RevPAR saw a slight decline of 2% due to a high base from the previous year, with 567 new hotels opened in China during the second quarter of 2024 , the Group has kept a steady pace of openings while achieving a year-over-year increase of 0.7 percentage points in occupancy rate, reflecting strong market recognition and the Group's robust brand appeal. The combination of new openings and rising occupancy rates will maintain the Group's advantageous position in market competition.For Legacy-DH, the blended RevPAR for leased as well as manachised and franchised hotels (excluding hotels temporarily closed) was €82, with an ADR of €120 and an OCC of 68.3%. In the previous quarter, these figures were €58, €104, and 55.8%, while in the same period last year, they were €78, €117, and 67.1%. In Q2 2024, all three key operational indicators for Legacy-DH showed improvements both quarter-over-quarter and year-over-year, with continuous progress in the Group's overseas business and continuous enhancement of operational efficiency.Accelerated Expansion of Hotel Network, Upgraded Full Year Hotel Opening Guidance for 2024In terms of hotel openings, H World’s hotel network is steadily expanding. As of June 30, 2024, the Group operates a total of 10,286 hotels worldwide, with Legacy-Huazhu having 10,150 operating hotels and Legacy-DH having 136 operating hotels. H World and Legacy-Huazhu reached the remarkable milestone of 10,000 hotels in the second quarter, opening a new chapter for the group. H World has now grown from over 10,000 hotels in more than 1,000 cities to over 20,000 hotels in more than 2,000 cities, achieving high-quality expansion of its hotel network, which signifies a new starting point for its “Thousand Cities, Ten Thousand Hotels 2.0” strategy.At the same time, Legacy-Huazhu will continue to focus on product upgrades, excellent service, and membership programs to enhance the competitive advantage of the H World and promote sustainable growth in average revenue per available room. In terms of overseas business, the group is keen to expand its global footprint and transfer Legacy-DH into a more asset-light model.As of June 30, 2024, the Company has 3,294 hotels under development, including 3,266 for Legacy-Huazhu and 28 for Legacy-DH. Additionally, the group announced an upward revision of its guidance for hotel openings in 2024, expecting to open over 2,200 hotels, up from the previous guidance of 1,800, further expanding its hotel network.Dividends and Buybacks Reflect Corporate Confidence; Positive Outlook for the Hotel IndustryOn July 23, 2024, the board of directors of H World announced a three-year shareholder return plan effective immediately, which may distribute up to a total of $2 billion to the group’s shareholders. It also approved a five-year share repurchase plan for American Depositary Shares, effective from August 21, 2024, with a maximum total amount of $1 billion. Notably, this share repurchase plan replaces the previous plan approved and adopted on August 21, 2019, with a maximum total amount of $750 million. The increased dividend and share repurchase total reflect the group’s confidence in its long-term development.H World is a significant player in the global hospitality industry. The main reason is that Chinese hotels have a strong industry background due to the fact that they have the world's largest tourist population and diverse forms of tourism. According to official statistics, in the first half of 2024, the passenger volume of railway and domestic flights was 2.096 billion and 350 million, respectively, representing year-on-year growth of 18.4% and 23.5%; the Ministry of Culture and Tourism of China also reported that the number of tourists during the Labour Day Holiday has returned to a level 28% higher than that of 2019. With the follow-up publicity and promotion of cultural tourism across different regions, residents’ willingness to travel has become stronger. In terms of cross-border travel, inbound tourism is gaining popularity under the “China Travel” trend. Statistics from the National Immigration Administration of China shows that in the first half of the year, 14.635 million foreign visitors entered the country from various ports, a year-on-year increase of 152.7%; the China Tourism Academy also predicts that the number of outbound tourists will reach 130 million in 2024. Overall, consumer enthusiasm for travel is expected to continue to rise in the second half of the year, and the recovery of the macroeconomy will bring more business travel demand, indicating a promising outlook for the hotel industry.About H World Group LimitedOriginated in China, H World Group Limited is a key player in the global hotel industry. As of June 30, 2024, H World operated 10,286 hotels with 1,001,865 rooms in operation in 18 countries. H World’s brands include Hi Inn, Elan Hotel, HanTing Hotel, JI Hotel, Starway Hotel, Orange Hotel, Crystal Orange Hotel, Manxin Hotel, Madison Hotel, Joya Hotel, Blossom House, Ni Hao Hotel, CitiGO Hotel, Steigenberger Hotels & Resorts, MAXX, Jaz in the City, IntercityHotel, Zleep Hotels, Steigenberger Icon and Song Hotels. In addition, H World also has the rights as master franchisee for Mercure, Ibis and Ibis Styles, and co-development rights for Grand Mercure and Novotel, in the pan-China region.H World’s business includes leased and owned, manachised and franchised models. Under the lease and ownership model, H World directly operates hotels typically located on leased or owned properties. Under the manachise model, H World manages manachised hotels through the on-site hotel managers that H World appoints, and H World collects fees from franchisees. Under the franchise model, H World provides training, reservations and support services to the franchised hotels, and collects fees from franchisees but does not appoint on-site hotel managers. H World applies a consistent standard and platform across all of its hotels. As of June 30, 2024, H World operated 10 percent of its hotel rooms under the lease and ownership model, and 90 percent under the manachise and franchise model.For more information, please visit H World’s website: https://ir.hworld.com.For enquiry, please contact Intelligent Joy Limited:Kathy Lu / Ken WuTEL +(852) 52413533 / (86) 15607493246E-MAIL kathy.lu@intelligentjoy.com / ken.wu@intelligentjoy.com Copyright 2024 ACN Newswire via SeaPRwire.com.

Results Highlights- Total revenue amounted to RMB1,960.2 million, representing a year-on-year increase of 29.7%. Among which: - Revenue from non-commercial property management and value-added services amounted to RMB1,601.3 million, representing a year-on-year increase of 32.3% - Revenue from commercial property management and operational services amounted to RMB358.9 million, representing a year-on-year increase of 19.2%- Gross profit margin was 25.9%- Profit attributable to owners of the Company reached RMB277.7 million, representing a year-on-year increase of 12.1%- Basic earnings per share was RMB0.18- The Group’s contracted gross floor area (“GFA”) and GFA under management were 88.8 million sq.m. and 66.7 million sq.m., respectively- The Board has proposed to declare an interim dividend of HK$0.100 per share (equal to RMB0.091 per share). Dividend payout ratio was 50%HONG KONG, Aug 20, 2024 - (ACN Newswire via SeaPRwire.com) - Yuexiu Services Group Limited (“Yuexiu Services” or the “Company”, together with its subsidiaries, the “Group”, HKEx Stock Code: 6626) is pleased to announce the consolidated interim results of the Group for the six months ended 30 June 2024 (the “Period”).Steady growth in operating performanceDuring the Period, the Group’s total revenue amounted to RMB1,960.2 million, representing an increase of 29.7% over the corresponding period of last year. Gross profit margin was 25.9%. Profit attributable to owners of the Company was RMB277.7 million, representing a year-on-year increase of 12.1%. Basic earnings per share amounted to RMB0.18. The Board proposed to declare an interim dividend of HK$0.100 per share (equivalent to RMB0.091 per share), representing a payout ratio of 50%, to reward shareholders for their long-term support to the Group.During the Period, revenue from the Group’s non-commercial property management and value-added services amounted to RMB1,601.3 million, representing a year-on-year increase of 32.3% and accounting for 81.7% of the Group’s total revenue. Within this 81.7%, property management services, value-added services to non-property owners and community value-added services accounted for 30.7%, 18.1% and 32.9% respectively of the Group’s total revenue. Revenue from commercial property management and operational services was RMB358.9 million, up 19.2% year on year, accounting for 18.3% of the Group’s total revenue.Steady expansion of management scaleAs at 30 June 2024, the Group had 508 contracted projects with a total contracted GFA of 88.8 million sq.m.. The Group had 418 projects under management, with a total GFA under management of 66.7 million sq.m.. During the Period, the Group entered into contracts for 59 new projects, adding a total contracted GFA of 9.3 million sq.m., of which approximately 6.0 million sq.m. came from market expansion. The Group won bids for a number of landmark projects, including the Hong Kong-Zhuhai-Macao Bridge , the National Energy Building , the Fuzhou Metro Line 5, further consolidating its competitive advantages in its core business types and effectively enhancing its reputation.As of 30 June 2024, the Group’s management portfolio was categorized into four business types, namely residential, TOD, commercial buildings and industrial parks, urban services and public premises. These four types accounted for 62%, 11%, 17% and 10% respectively of the total GFA under management. The Group’s contracted projects spanned across 49 cities (including Hong Kong) in China. In terms of regional presence, the Group continued to strengthen its penetration in the core regions, with 67% of the total GFA under management located in the Greater Bay Area and Eastern China. Furthermore, nearly 90% of the GFA under management was located in the economically advanced first-tier and second-tier cities.Focused development of community value-added servicesThe Group continued to optimize its resource allocation and enhancing its product competitiveness. In the new retail sector, the Group continued to improve its product offerings through developing bespoke products and launching various offerings targeted at tourism. Meanwhile, the Group has been exploring operation model for communities under management and enhancing the brand of its community commercial services by exploring the standardized operation of clubs and carrying out recreational activities. In addition, the Group’s intelligent services offerings have expanded to include elevator installation and maintenance with its relevant professional qualifications, and has successfully expanded fire-fighting, electrical and mechanical related projects.During the Period, revenue from community value-added services increased by 61.2% to RMB645.5 million compared with RMB400.5 million for the corresponding period of last year. Among this, revenue from the home decoration business increased 2.1 times year on year to RMB245.2 million.Mr. Zhu Huisong, Non-Executive Director and Chairman of the Board of Directors of Yuexiu Services, said: “Looking ahead, the Group will focus on the theme of ‘raising quality with devoted services and creating benefits through lean management’, consolidate the foundation of property services, adhere to quality scale expansion, optimize growth drivers of community value-added services, so as to create a better reputation and enhance market competitiveness, strive for greater development space, and thus move forward toward the vision of ‘becoming a trusted service company for customers’.” Copyright 2024 ACN Newswire via SeaPRwire.com.

- CENTRESTAGE ELITES, the grand opening fashion show, will be held on 3 September at the Hong Kong Palace Museum, featuring a show from world-renowned Hong Kong-born designer Robert Wun that will be live-streamed across multiple online platforms- The exhibition brings together 250 brands from 17 countries and regions, the highest number of brands ever to take part in CENTRESTAGE. For the first time, the event will open to the public for all four days- In line with market trends, new thematic zones for circular fashion and athleisure fashion have been added. Around 40 events will be held during the fair- Steve Chan, director of Weeds on Fire, has created cinematic narratives for the new collections of four fashion designers participating in the Fashion Hong Kong Runway Show, promoting cross-sectoral collaboration in the creative industriesHONG KONG, Aug 20, 2024 - (ACN Newswire via SeaPRwire.com) - CENTRESTAGE, the annual fashion extravaganza organised by the Hong Kong Trade Development Council (HKTDC) and sponsored by the Cultural and Creative Industries Development Agency (CCIDA), will showcase a rich tapestry of style from 4 to 7 September at the Hong Kong Convention and Exhibition Centre. The event will feature a plethora of fashion shows, parades and seminars led by industry heavyweights, with attendees able to gain insights into the latest industry trends and cutting-edge designs, as well as explore business opportunities. For the first time, the exhibition will be open to both industry buyers and the public for all four days of the fair, providing a unique opportunity for fashion enthusiasts to explore and purchase from a variety of brands offering products for retail sale.Sophia Chong, Deputy Executive Director of the HKTDC, said: "As the government continues to champion Hong Kong’s mega events economy, this year’s CENTRESTAGE will open its doors to both industry professionals and the public for four consecutive days. We extend our warm invitation to local residents, visitors from Mainland China and overseas to immerse themselves in this Asian fashion spectacle. This year, we are proud to showcase a record-breaking 250 brands from 17 countries and regions, including internationally renowned and iconic labels. The CENTRESTAGE runway will come alive with a series of world-class fashion shows including the “Home Coming” grand opening fashion show by Robert Wun at the Hong Kong Palace Museum, further cementing Hong Kong's status as a premier events capital. At the same time, the event will propel the development of the fashion and creative industries in Hong Kong and reinforce our city’s position as an east-meets-west centre for international cultural exchange."CENTRESTAGE ELITES moves to Hong Kong Palace MuseumThis year's CENTRESTAGE ELITES will be held at the Hong Kong Palace Museum on 3 September, the day before the fair gets underway, and will feature the fashion creations of Robert Wun, the first Hong Kong-born designer to feature at Paris Haute Couture Fashion Week. The evening marks his triumphant homecoming and will be the first fashion show ever held at the museum. CENTRESTAGE ELITES will be live-streamed on the CENTERSTAGE website, the HKTDC's YouTube channel and Facebook page, and on other online platforms such as ViuTV App and Yahoo HK. In addition, Mr Wun will showcase his designs in a dedicated exhibition area at CENTRESTAGE’s fairground and host a masterclass session on 5 September at which he will share his fascinating journey to becoming a globally renowned fashion designer.Showcasing the latest collections of local fashion design brands in a cinematic wayThe excitement continues with the Fashion Hong Kong Runway Show on the opening day of the fair (4 September), with four top local fashion brands – ANGUS TSUI, röyksopp gakkai, selfFab., and Z I D I – showcasing their latest collections. Moving beyond the traditional runway format, the event is collaborating with Steve Chan, director of the film Weeds on Fire that won the 1st First Feature Film Initiative organised by the CCIDA (formerly known as Create Hong Kong), to present the fashion creations of the four brands through a unique cinematic storytelling approach. This innovative take on the runway experience allows audiences to explore the world of fashion through a fresh lens while fostering deeper collaboration in Hong Kong's creative industries.The four-day fair will feature a series of other fashion shows, including the "Greater Bay Area Fashion Fusion Show" organised by Fashion Farm Foundation with the CCIDA as Lead Sponsor, the "Macao Fashion Parade" by the Macao Productivity and Technology Transfer Center, "Thai Designers' Showcase" by Thailand’s Department of International Trade Promotion, and the "Hong Kong Kids Fashion Show" by Hong Kong Kids Fashion Week.CENTRESTAGE will feature five zones, including the newly added Athleisure and Circular Fashion zones that will feature products from the increasingly popular activewear fashion and circular fashion sectors. The Craftsmanship zone will feature exquisite artisanship while the Contemporary zone offers chic and avant-garde designs and the Urban zone highlights products targeting the younger segment.Participating at CENTRESTAGE for the first time, the British Consulate-General Hong Kong will bring circular fashion clothing from eight British brands, including the Roksanda label from master British designer Roksanda Ilincic. International celebrities such as American pop star Lady Gaga, former United States First Lady Michelle Obama and British royal Kate Middleton have all worn Roksanda's designs. The designer will attend the exhibition in person, hosting a sharing session at which she will interact with attendees and discuss her path to success.The sports fever sparked by the Paris Olympics Games remains intense. Different sports brands will participate at CENTRESTAGE this year, including internationally renowned golf brand ASHWORTH, which is collaborating with well-known Hong Kong designer Mountain Yam to launch a joint collection at the event.Also in attendance at CENTRESTAGE are local and global industry powerhouses such as the Hong Kong Fashion Designers Association (HKFDA), the Hong Kong Design Institute (HKDI), the Laboratory for Artificial Intelligence in Design (AiDLab), Redress, the Knitwear Innovation and Design Society (KIDS), the School of Fashion and Textiles of the Hong Kong Polytechnic University, and the Hong Kong Research Institute of Textiles and Apparel (HKRITA). Governments and brands from around the world are actively supporting the event and showcasing their collections, including first-time participant the Singapore Fashion Council, Japan's Ueda College of Fashion, the Thailand Textile Institute and the Indonesia Fashion Chamber.HKTDC continues to invite buyers from around the world to source at CENTRESTAGE, including major multi-brand stores such as CNTRBND in Canada, Elevastor in France, VOO Store in Germany, Urbanist Store in the United Arab Emirates, Japan’s The Four-Eyed Limited, ANCHORET from Mainland China and Taiwan’s CLUB DESIGNER.Experts gather to discuss future fashion industry developmentsLeading figures from various fields in the fashion industry will take part in a series of seminars that will provide in-depth insights into the latest fashion trends, industry developments and related technologies. Among them, the Innovation and Technology Symposium organised by the Hong Kong Research Institute of Textiles and Apparel, themed "Scaling from Innovation to Impact", will explore how collaboration can multiply the effectiveness of innovative research and development to help the textile and fashion industry meet future challenges.Entering its ninth edition, CENTRESTAGE not only attracts top international designers and brands but also provides a stage for iconic industry competitions. The finals of the REDRESS Design Award 2024, a sustainable fashion design competition sponsored by CCIDA, will be held at CENTRESTAGE on 5 September. Ten finalists from around the world will come to Hong Kong to showcase their latest designs on the runway and compete for awards. Meanwhile, the Young Knitwear Designer’s Contest (YKDC), organised by the Knitwear Innovation and Design Society, will hold its final fashion show on the third day of the exhibition (6 September).Set to be the grand finale of this year’s CENTRESTAGE, the Hong Kong Young Fashion Designers' Contest (YDC) 2024 will take place on 7 September. Masayuki Ino, founder and designer of Japanese fashion brand doublet, will join as a guest judge alongside a panel of industry experts. Together, they will select the winners from 10 finalists for four awards: the Champion, Excellence Award, Best Art Direction and My Favourite Collection. The public is invited to participate by casting votes online (https://bit.ly/YDC2024_Vote_Now) for their favourite collection.CENTRESTAGE will be held concurrently with HKTDC’s Hong Kong Watch & Clock Fair and Salon de TIME. Attendees can enjoy a one-stop shopping experience for branded apparel and watches from around the world and can enter the “CENTRESTAGE X Watch & Clock” lucky draws that will be held during the exhibitions.Photo download: https://bit.ly/3SXCuVBSophia Chong, Deputy Executive Director of the HKTDC (centre); Katherine Fang, Chairman of the HKTDC Garment Advisory Committee (second left); Corin Wilson, Director, Trade & Investment, British Consulate-General Hong Kong (second right); William Fu, CEO of Ashworth (left); and Mountain Yam, Founder of 112 mountainyam (right) shared insights on the exhibition highlights, circular fashion and athleisure trends at today’s CENTRESTAGE press conference.The exhibition brings together 250 brands from 17 countries and regions, the highest number of brands ever to take part in CENTRESTAGE.The press conference was held at the Hong Kong Palace Museum, a cultural landmark in the city, where the red door backdrop proved popular for photo opportunities.Actress Samantha Ko (centre) joined the CENTRESTAGE press conference wearing a piece of fashionable sportswear from the Ashworth and Mountain Yam collaboration collection.Actress Sofiee Ng (second left) and actor Will Or (second right) showcased fashion pieces designed by young designers Angus Tsui (left) and Derek Chan (right) respectively.Sarika Choi modelled a dress from prestigious British brand Roksanda.Websites :CENTRESTAGE : www.centrestage.com.hkCENTRESTAGE ELITES: https://www.hktdc.com/event/centrestage/en/centrestage-elitesFashion Hong Kong : https://www.fashionhongkong.com.hk/enHong Kong Young Fashion Designers' Contest (YDC):www.fashionally.com/enMedia enquiriesBest Crew Public Relations & MarketingDiana TangTel: (852) 9199 6723Email: diana.tang@bestcrewpr.comReni KwokTel: (852) 6291 4283Email: reni.kwok@bestcrewpr.comHKTDC’s Communication & Public Affairs Department:Snowy ChanTel: (852) 2584 4525Email: snowy.sn.chan@hktdc.orgHKTDC Newsroom:http://mediaroom.hktdc.com/enAbout the HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong ’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly SMEs, in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. About Cultural and Creative Industries Development Agency (CCIDA)The Cultural and Creative Industries Development Agency (CCIDA) established in June 2024, formerly known as Create Hong Kong (CreateHK), is a dedicated office set up by the Government of the Hong Kong Special Administrative Region (HKSAR Government) under the Culture, Sports and Tourism Bureau to provide one-stop services and support to the cultural and creative industries with a mission to foster a conducive environment in Hong Kong to facilitate the development of arts, culture and creative sectors as industries. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and cross-genre collaboration, promoting the development of arts, culture and creative sectors as industries under the industry-oriented principle, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community to implement Hong Kong’s positioning as the East-meets-West centre for international cultural exchange under the National 14th Five-Year Plan.CCIDA’s website: http://www.ccidahk.gov.hk.Disclaimer: The Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee. Copyright 2024 ACN Newswire via SeaPRwire.com.

FINANCIAL HIGHLIGHTSRMB’000(Unaudited)For the 6 MonthsEnded June 30For the 3 MonthsEnded June 30 2024202320242023Revenue4,610,6414,163,7972,473,7662,193,490- Office Software and Services2,413,0792,172,4971,187,7301,120,845- Online Games and Others2,197,5621,991,3001,286,0361,072,645Gross Profit3,782,6883,457,2392,042,0351,831,846Operating Profit1,395,6151,136,015794,037675,713Profit Attributable to Owners ofthe Parent677,923249,530393,35357,187Basic Earnings per Share (RMB)0.510.180.290.04HONG KONG, Aug 20, 2024 - (ACN Newswire via SeaPRwire.com) - Kingsoft Corporation Limited (“Kingsoft” or the “Company”, Stock Code: 03888.HK), a leading software and internet services company in China, announces its unaudited results for the three and six months ended June 30, 2024.In the first half of 2024, Kingsoft’s total revenue reached RMB 4,611 million, representing a year-on-year increase of 11%. Revenue from office software and services business was RMB 2,413 million, while revenue from online games and other business was RMB 2,198 million, accounting for 52% and 48% of total revenue, respectively. Gross profit for the first half of 2024 was RMB 3,783 million, a 9% increase compared to the same period last year.In the second quarter of 2024, Kingsoft’s total revenue reached RMB 2,474 million, representing a year-on-year increase of 13%. Revenue from office software and services business was RMB 1,188 million, while revenue from online games and others business was RMB 1,286 million, accounting for 48% and 52% of total revenue, respectively. Gross profit was RMB 2,042 million, representing a year-on-year increase of 11%.Mr. Jun LEI, Chairman of Kingsoft, stated: “In the second quarter of 2024, we steadfastly implemented our established strategy, and significant progress has been made in our core businesses. Kingsoft Office Group maintained steady operations and adhered to the strategy of 'Multi-Screen, Cloud, Content, Collaboration, AI'. We actively embraced the opportunities presented by large language models, and continuously invested in collaboration and AI R&D to enhance product competitiveness and promote the practical application of new productive forces in the smart office sector. In the online games business, we focused on a quality-centered strategy, delving deeply into classic JX series while actively expanding into new game genres.”Mr. Tao ZOU, the chief executive officer (“CEO”) of Kingsoft, said, “In the second quarter of 2024, we achieved solid growth in revenue and operating profit. Total revenue for the second quarter was RMB2,474 million, representing a year-on-year increase of 13% and a quarter-on-quarter increase of 16%. Revenue from online games and others business was RMB1,286 million, representing a year-on-year increase of 20% and a significant quarter-on-quarter increase of 41%, while revenue from office software business was RMB1,188 million, representing a year-on-year increase of 6%. The operating profit was RMB794 million, representing a year-on-year increase of 18% and a significant quarter-on-quarter increase of 32%.”Office software and services: Official released of WPS AI 2.0, further enhancing the intelligent office experienceIn the first half of 2024, the revenue of Kingsoft Office Group reached RMB2,413 million, representing a year-on-year increase of 11%. In the second quarter, its revenue reached RMB1,188 billion, representing a year-on-year increase of 6%.Kingsoft Office Group upgraded its AI strategy and released WPS AI 2.0. Focusing on individual users, it has launched four AI assistants in writing, reading, data and design. For enterprise users, we released WPS AI Enterprise Edition, which includes AI Hub, AI Docs, and Copilot Pro. For government users, we released Kingsoft Government Office Model , and WPS AI Government Edition.In the second quarter, the individual office subscription business experienced steady growth. We enhanced the cloud-integrated experience of its products, increasing user reliance on WPS cloud services, which in turn boosted user activity on the cloud. Simultaneously, we continually improved users' awareness and utilization of AI features. In the enterprise office sector, WPS 365 continued to drive business transformation, advancing cloud integration and collaborative work processes for government and corporate clients. We also focused deeply on the value scenarios of key government and enterprise customers, incubating secure and efficient industry-wide solutions. In the field of localization industry, we addressed the actual replacement needs of critical industries, achieving localized migration, adaptation, and application reconstruction of office systems. Meanwhile, the overseas business maintained healthy growth, with the upgraded release of WPS AI's international edition and its membership system.Online Games business: Core IP continues to break through, injecting new vitality into developmentIn the first half of 2024, revenue from the online games and others business grew steadily to RMB2,198 million, a 10% increase year-on-year. Revenue for the second quarter was RMB1,286 million, a 20% increase year-on-year and a significant increase of 41% quarter-on-quarter.Our core games have achieved a milestone breakthrough. The mobile version of JX3 Ultimate was successfully launched in June, with full platform data inheritance and interconnectivity with the flagship PC game JX3 Online. The daily active user count across all platforms reached a record high. Many dormant players returned, while new players kept joining, enhancing the baseline for the long-term operation of the IP and injecting new vitality into it. We will hold the 15th-anniversary celebration of JX3 Online in August and launch a new expansion pack in October to further enhance its long-term vitality. The sci-fi mech game, Mecha BREAK, has completed its first domestic public beta test in August.Mr. Jun LEI concluded, “Looking forward to the second half of the year, Kingsoft Office Group will remain dedicated to focusing on AI and collaboration, continue to invest in R&D, and improve the products related to WPS 365 and WPS AI systems. We will also promote their applications in office scenarios across various industries to provide more efficient and intelligent office solutions. Online games business will keep focusing on users, deepen expanded genres and seek new breakthroughs. We will adhere to the technology-driven business, continuously innovate and deliver products and content, and create prime experiences to generate value for our users and shareholders.”About Kingsoft Corporation LimitedKingsoft (3888.HK) is a leading Chinese software and internet service company listed on the Hong Kong Stock Exchange. It has three main subsidiaries: Kingsoft Office, Seasun Holdings and Kingsoft Shiyou. With the implementation of the “transformation toward mobile internet” strategy, Kingsoft has completed a comprehensive transformation in its overall business and management model. The Company has established a strategic layout with office software and interactive entertainment as its pillars, and cloud services and artificial intelligence as its new starting points. Kingsoft has more than 7,000 employees worldwide and holds a significant market share domestically. For more details, please refer to http://www.kingsoft.com.Kingsoft Investor Relations:Li YinanTel: (86) 10 6292 7777Email: ir@kingsoft.comFor inquiries, please contact Hill+Knowlton Strategies:Li YanjiaoTel: (86) 6150 8598Email: po@wsfg.comLai JunshenTel: (852) 9798 0715Email: po@wsfg.com Copyright 2024 ACN Newswire via SeaPRwire.com.

Financial Highlights: (RMB Million)For the Six Months Ended 30 June1H 2024 1H 2023ChangeRevenue6,0076,176-2.7%Gross Profit1,0031,064-5.7%Net Profit Attributable to Owners of the Company6871,715-59.9%Basic Earnings per Share (RMB)0.150.37-59.4% HONG KONG, Aug 20, 2024 - (ACN Newswire via SeaPRwire.com) - China BlueChemical Ltd. (“China BlueChem” or the “Company”, stock code: 3983), China’s largest chemical fertilizer central enterprise in both production capacity and production volume, has announced its unaudited interim results for the six months ended 30 June 2024. The Company achieved revenue of RMB6.007 billion and net profit attributable to owners of the Company of RMB687 million for the six months ended 30 June 2024. The business performance was basically similar to that in the first half of 2023. However, in 2023, a one-off profit was realized from the disposal of 67% equity interest in a subsidiary for strategic reasons, which significantly drove the Company's profit growth in the first half of 2023.Mr. HOU Xiaofeng, CEO and President of China BlueChem said, “Despite the overhaul of multiple plants, the Company still performed well in achieving its target plans for the first half of 2024. During the period, the Company continued to strengthen safety production management and the overall safety situation remained stable. It actively expanded the market and increased efficiency, and continuously promoted management that strives for excellence which resulted in steadily improved governance efficiency. In addition, the Company has consistently adhered to a philosophy of green and sustainable development. Its methanol plant has been awarded the honorary title of “Energy Efficiency Leader” by the China Petroleum and Chemical Industry Federation for 13 consecutive years, and its synthetic ammonia plant has been awarded the honorary title of “Water Efficiency Leader” by the China Nitrogen Fertiliser Industry Association for 5 consecutive years.”In the production perspective, the Company continuously strengthened production and operation control, constantly improved the rationality and economy of equipment maintenance cycles, and released a 5-year rolling plan for equipment maintenance. Among them, the major overhauls of the Fudao Phase I urea unit, Fudao Phase II urea unit, and Hainan Phase II methanol unit were all completed successfully ahead of schedule, laying a solid foundation for subsequent stable operations. In the first half of the year, the Company produced 973,000 tonnes of urea, 707,000 tonnes of methanol, 445,000 tonnes of phosphate fertilisers and compound fertilisers, and 97,000 tonnes of acrylonitrile series products. Except for urea, the production of other products increased year-on-year.In terms of marketing, facing the complex and ever-changing market situation, the Company has further strengthened market analysis and priced scientifically and precisely. Meanwhile, the Company explored deeply the market competitiveness and price elasticity of products, and promoted the development of the competitive sales business of fertilisers and methanol. Additionally, the Company strengthened direct sales through e-commerce, with e-commerce direct sales volume increasing by 54% year-on-year. In the first half of the year, the Company sold 1.003 million tonnes of urea, 668,000 tonnes of methanol, 401,000 tonnes of phosphate fertilisers and compound fertilisers, and 88,000 tonnes of acrylonitrile series products.Looking ahead to the second half of the year, the increase in overall supply of urea is expected to exceed the increase in demand. Domestic urea prices are expected to be weak in the third quarter, but will improve later with the preparation of fertilisers for winter wheat. Regarding phosphate fertilisers, the overall supply is sufficient, while with the combined effects of international procurement, domestic autumn wheat demand, and the release of demand for winter storage fertiliser, the overall demand is expected to be relatively strong with prices remaining cautiously optimistic. Methanol supply is relatively abundant, while imports are expected to resume growth. Downstream demand for Methanol is expected to grow, and the cost side will provide price support. It is expected that the supply and demand situation of Methanol will change frequently,exhibiting primarily wide fluctuations in the market trend. On the other hand, both supply and demand for acrylonitrile are expected to grow, but the increase in supply will be more prominent. The market may continue to experience an oversupply, and spot prices are expected to remain weak.Mr. HOU Xiaofeng, CEO and President of China BlueChem said, “In the second half of 2024, the Company will strive to ensure the safe and stable operation of production facilities, and enhance risk mitigation capabilities. At the same time, the Company will continuously optimize resource allocation, leverage locational advantages, enhance product competitiveness and further explore the potential for marketing efficiency improvement. In addition, the Company will improve refined management standards and establish a cost control indicator system. Furthermore, it will strengthen brand building, strive to create a benchmark base for green agriculture brands and emphasize digitalization, intelligence, and green and low-carbon initiatives. Moreover, the Company will promote equipment upgrades and conduct research on the development planning of green strategic emerging industries.”- End -About China BlueChemical Ltd.China BlueChemical Ltd. (“China BlueChem”) is a listed company that specialises in the development, production and sales of chemical fertilisers and synthetic chemical products. It is the largest Central enterprise in the field of chemical fertilisers in terms of both production capacity and production volume. The Company is a subsidiary of China National Offshore Oil Corporation which mainly engages in the exploration, development, production and sales of crude oil and natural gas. On 29 September 2006, China BlueChem was listed on the main board of The Stock Exchange of Hong Kong Limited with the stock code 3983. Currently, its production facilities are located in Hainan, Hubei and Heilongjiang, China, with a total designed annual production capacity of 1.84 million tonnes of urea, 1 million tonnes of phosphate and compound fertilisers (mono-ammonium phosphate, di-ammonium phosphate and compound fertiliser), 1.4 million tonnes of methanol, 200,000 tonnes of acrylonitrile and 70,000 tonnes MMA. It has a deep water port with a designed annual throughout capacity of 18.28 million tonnes in Dongfang city, Hainan province. Boasting continued growth of its brand value, the Company’s brand value reached RMB5.404 billion in 2023, up by RMB1.433 billion as compared with 2022. In early 2023, the Company was granted “The Outstanding Listed Enterprise Awards 2022 – Excellent Results Performance” by Capital Media in recognition of its impressive and growing financial results.For more information about the Company, please visit its website: www.chinabluechem.com.cn. Copyright 2024 ACN Newswire via SeaPRwire.com.

MANILA, Aug 20, 2024 - (ACN Newswire via SeaPRwire.com) - The greatest awards show dedicated to the financial services industry in the Philippines, WFIS Awards 2024 is poised to grab nationwide headlines post-announcing the best FSI minds from 11 exclusive categories.Part of the larger WFIS event, the awards show took place on 14 August between 4 - 7 PM at Manila Marriott Hoteland was attended by the most senior professionals, dignitaries from the public sector, innovators, fintech experts and many others.Vying for the coveted titles, contenders from myriad domains entered the awards show which overall received more than 100 nominations. The nominations were later screened based on their exemplary body of work and other pre-defined parameters by industry’s most trusted names who also formed the jury for the awards show.The jury included Mel Migrino (Chairman and President, Women in Security Alliance Philippines), Anna Marie Pabellon (Deloitte PH Financial Services Industry and Assurance Leader, Deloitte), Imelda Tiongson (Trustee & Board Director, Fintech Alliance Ph & Various Public Listed Companies), Emmanuel Bonoan (Vice Chairman and COO, Head of Advisory, KPMG in the Philippines, R.G. Manabat & Co.), Charlie Valerio (Vice President, Philippines Chief Information Officer Association (PCIOA) and Balaji Viswanathan (Managing Director & CEO, Expleo Solutions Limited).While the jury had a tough time deciding the winners owing to a fierce competition, the names were finally announced and called upon stage to receive the trophies. Below are the results.IT Maestro of the Year - Mark Anthony Santiago, Head, IT Risk Management, UnionDigital BankGRC Advocate of the Year - Julie Reyes, Group Chief Risk and Compliance Officer, MayaData & Analytics Leader of the Year - Aakriti Raj, Principal Data Scientist/ Senior AVP, Security Bank CorporationRetail Banker of the Year - Daryl Sandoval, Head of Micro and Small Lending Division 1, Bank of Makati, A Savings BankCyber Practitioner of the Year - RB Banez, Deputy Chief Information Security Officer and Head of Cyber Security Governance, CIS BayadCX Innovator of the Year - Ramil De Villa, SVP2 & Consumer Lending Group Head, Rizal Commercial Banking Corporation (RCBC)Woman Influencer in FSI - Diana Lim, VP & Deputy Department Head, PETNET Inc.Wealth Management Expert of the Year - Carlos Garcia, Head - Treasury Compliance, GCashChampioning Enterprise GRC Implementation - Rizal Commercial Banking Corporation (RCBC)Data Transformation Excellence Award - UnionBank of the PhilippinesThe evening had a blistering start as the electrifying performance by IOX Entertainment captivated the audience and got them excited. Every element at the show was oozing glamour from the moment the attendees set foot inside the designated platform. The entire space was decked with red carpets, paparazzi lights and a lot of bling to add to the evening’s charm. If that wasn’t enough, the entrancing champagne ladies further raised the platform’s spirits.All in all, it was an evening that gave Indonesia’s financial services community a chance to unwind, feel appreciated for their hard work, and a moment to rejoice. Organizer and CEO of Tradepass, Sudhir Ranjan Jena expressed his delight over the spectacular awards show, “WFIS Awards has now become the most competitive space under the financial services industry as the idea of getting recognized in front of the entire community is something no industry leader wants to miss. While the award categories at World Financial Innovation Series have become the most coveted titles, the huge number of nominations every year is a sheer testament to the platform’s high demand and standard.”For more information about the event, log on to: https://philippines.worldfis.com/About TradepassProviding access to the global emerging markets, Tradepass brings together people, products and solutions to power events for unparalleled business and networking opportunities. Being the most accredited event company, it helps organizations: enter new markets, grow sales pipeline, close prospects, raise capital and identify the right solution-providers.As a deal facilitator, Tradepass is always determined about exposing the most agile liquid growth markets, to enable all-round scalability and growth.Media contact:Shrinkhal SharadPR & Communication Leadshrinkhals@tradepassglobal.com + (91) 80 6166 4401Tradepass Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Aug 19, 2024 - (ACN Newswire via SeaPRwire.com) - Champion Real Estate Investment Trust (stock code: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for the six months ended 30 June 2024. Summary of financial results 1H 20241H 2023ChangeTotal Rental Income (HK$ million)1,1151,168- 4.5%Net Property Income (HK$ million)954995- 4.1%Distributable Income (HK$ million)544617 - 11.9% Distribution per unit (HK$)0.08090.0927- 12.7% 30 Jun 202431 Dec 2023ChangeGross Value of Portfolio (HK$ million)61,40662,950- 2.5%Net Asset Value per unit (HK$)7.427.72- 3.9%Gearing Ratio23.1% 22.8%+ 0.3ppOverviewThe high interest rate environment continued to affect the results of the Trust in the first half of 2024. While the total number of tourist arrivals recorded solid growth, the strong local currency dampened consumption and prompted an outflow of domestic travellers. While Langham Place Mall continued to outpace the market in retail sales, the Hong Kong office rental market remained under pressure in light of the supply conditions. Following the successful refinancing, we have ample undrawn committed facilities of HK$4.0 billion to support all the refinancing needs in 2024 and 2025. Amid the challenging macroeconomic environment, distributable income of the Trust decreased by 11.9% to HK$544 million and distribution per unit (“DPU”) declined by 12.7% to HK$0.0809.Three Garden RoadThe occupancy of Three Garden Road remained resilient despite the abundant supply in the market. We observed more enquiries from asset management firms and family offices, and managed to secure some new small-sized tenants during the reporting period. Occupancy stood at 82.3% as at 30 June 2024. Rental income decreased by 9.0% to HK$571 million (2023: HK$627 million) as a result of negative rental reversion in the first half of the year. Langham Place Office TowerLangham Place Office Tower continues to be a lifestyle and wellness hub with lifestyle tenants occupying 69% of the area as at 30 June 2024. As the recovery of mainland medical beauty tourism after the pandemic was slower than expected, some beauty and medical tenants scaled down their operations. Occupancy was 87.1% as at 30 June 2024. Rental income decreased by 4.5% to HK$166 million (2023: HK$174 million).Langham Place MallLangham Place Mall continued to outperform the overall Hong Kong retail market in the reporting period. While Hong Kong retail sales declined by 6.6% in the first half of the year, tenants’ sales of the mall increased by 2.3%. The beauty segment continued to be the growth driver. Occupancy of the mall returned to full occupancy as at 30 June 2024. Rental income improved to HK$378 million (2023: HK$366 million).DistributionDistributable income of the Trust dropped 11.9% to HK$544 million (2023: HK$617 million) and DPU dropped 12.7% to HK$0.0809 (2023: HK$0.0927). Based on the closing unit price of HK$1.57 recorded as at 28 June 2024, the total DPU represented an annualised distribution yield of 10.3%.Asset ValueThe appraised value of the Trust’s property portfolio was HK$61.4 billion as at 30 June 2024, declining by 2.5% from HK$62.9 billion as at 31 December 2023.Sustainability We continue to advance our commitment to sustainable practices across our properties and value chain. Three Garden Road has become Hong Kong’s first existing building conferred with the prestigious “Quadruple Platinum” after achieving the Platinum certification of Leadership in Energy and Environmental Design (LEED) v4.1 and the Platinum certification of WiredScore v3.1. We also continued to strengthen strategic partnerships with tenants and stakeholders. A key initiative was the ESG Week held in this July which featured a diverse range of impactful activities in collaboration with over 20 partners and organisations.OutlookWhile the market generally expects interest rate cuts to start in the second half of 2024, it remains uncertain about the degree of the adjustment. The global economy outlook is also clouded by geopolitical tensions and policy risks. For the office portfolio, we will stay flexible in our leasing strategy to tailor to the requirements of tenants. We will also continue to refine the tenant mix of Langham Place Mall and recruit first-in-Hong Kong brands to strengthen the appeal to both local consumers and tourists. We will stay agile and flexible in response to the market dynamics.Photo 1 - (Left)Ms. Christina Hau, Chief Executive Officer & (Right) Ms. Amy Luk, Investment and Investor Relations DirectorPhoto 2 - Ms. Christina Hau, Chief Executive OfficerAbout Champion REIT (stock code: 2778)Champion Real Estate Investment Trust is a trust formed to own and invest in income- producing office and retail properties. The Trust focuses on Grade A commercial properties in prime locations. It currently offers investors direct exposure to nearly 3 million sq. ft. of prime office and retail floor area. These include two Hong Kong landmark properties, Three Garden Road and Langham Place, as well as a joint venture stake in 66 Shoe Lane in Central London. The Trust was awarded the top five-star rating by the Global Real Estate Sustainability Standard (GRESB) in 2023.Website: www.championreit.comFor press enquiries:Strategic Financial Relations LimitedVicky LeeTel: 2864 4834Email: vicky.lee@sprg.com.hkCynthia Ng Tel: 2114 4952Email: cynthia.ng@sprg.com.hkTheresa OuyangTel: 2864 4848Email: theresa.ouyang@sprg.com.hkWebsite: www.sprg.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Aug 20, 2024 - (ACN Newswire via SeaPRwire.com) - SAP announces the grand opening of its "Business AI Experience Center" located at its Hong Kong office. The center aims to showcase the cutting-edge capabilities of integrated Business AI in driving innovation, enhancing efficiency, and boosting business growth through live use cases and success stories. It is designed to guide enterprises from understanding AI to practical implementation, enabling them to achieve digital transformation, and therefore fully explore the unlimited possibilities brought by Business AI.SAP announces the grand opening of its "Business AI Experience Center"located at its Hong Kong office.Esmond Tong, Managing Director of SAP Hong Kong and Macau, said, " With the Business AI Experience Center, SAP aims to create a platform for enterprises and partners to exchange ideas and gain valuable insights that will enhance their agility and creativity. Enterprises can harness SAP's cloud platform to unlock AI's potential and achieve business benefits. With over 50 years of extensive expertise, SAP offers cloud solutions tailored to meet the diverse needs of businesses across industries, regardless of size or development stage, helping them accelerate business growth and development."Esmond Tong, Managing Director of SAP Hong Kong and MacauEarlier this year, SAP announced the full integration of business AI into its cloud portfolios and the gradual rollout of the generative AI copilot, Joule, across the company’s solution portfolio. This initiative is expected to enhance business functions and improve enterprise performance, with Joule managing 80% of the most frequently used tasks. This will make 300 million end users of SAP products 20% more productive, while significantly improving work quality. Meanwhile, SAP is deepening its collaboration with global strategic partners such as Microsoft, AWS, Google Cloud, and NVIDIA to advance the enterprise application of generative AI.The Business AI Experience Center features four live demonstration scenarios. These allow customers to explore innovative applications of SAP Business AI technology being seamlessly integrated into sales, talent management, and marketing processes.- Joule in ERP: Automates and manages sales orders and related processes, significantly enhancing the performance of sales operations.- Just Ask: A conversational AI analysis tool that provides deep sales insights, empowering businesses to make data-driven decisions and drive sales performance.- Talent Writing Assistant: A generative AI tool that helps managers with performance review, talent management, and compensation processes, streamlining HR operations and improving manager effectiveness.- Joule in Customer Experience: Enhances customer engagement and satisfaction through social media posting and exploratory questions, boosting marketing efforts and brand visibility.The "Business AI Experience Center" is now available for visits by appointment. For more information or to schedule a visit, please contact the SAP Hong Kong sales team at +852 2150 2799.Image Download: https://bit.ly/4dP4a7m###About SAPAs a global leader in enterprise applications and business AI, SAP stands at the nexus of business and technology. For over 50 years, organizations have trusted SAP to bring out their best by uniting business-critical operations spanning finance, procurement, HR, supply chain, and customer experience. In 2023, SAP was honored for the eighth time with the "Best Workplace in Greater China" award by Great Place to Work. For more information, visit https://www.sap.com/hk‚For media enquiries, please contact:Strategic Public Relations Group (SPRG):Andico Tsuiandico.tsui@sprg.com.hk+852 2114 4346 / 6902 3831Vincent Ipvincent.ip@sprg.com.hk+852 2114 4341 / 5498 9705 Copyright 2024 ACN Newswire via SeaPRwire.com.