Category: ACN Newswire

HONG KONG, Aug 30, 2024 - (ACN Newswire via SeaPRwire.com) - Gome Retail Holdings Limited (Stock code: 493.HK, "Gome Retail" or the "Company", together with its subsidiaries, “the Group”) announced its unaudited six-month results for the six months ended June 30, 2024 (the "Reporting Period").Focusing on the main industry to consolidate the border, take multiple measures to actively resolve the debt problemIn the first half of 2024, the domestic economy was affected by the severe and complex international environment and cyclical adjustments of domestic policies, and recovery was still slow. From an industry perspective, real estate market declined significantly, and the income growth of local governments and households slowed down. The home appliance industry has been affected by these factors, and the retail sales growth of all types of home appliances has slowed to varying degrees in the first half of the year. In the first half of 2024, the Group recorded revenue of approximately RMB169 million; and loss attributable to owners of the parent was approximately RMB4,432 million.In the first half of 2024, the Group continued to focus on its core retail business, activate the “Home‧Living” omni-retail ecosystem, actively and extensively explore a variety of procurement channels and methods, and focus on the retail of home appliances, consumer electronic products, groceries and various types of daily necessities. It also promoted offline upgrades and strengthened new operating methods such as online live streaming. In addition, it accelerated the development of franchising business and the GOME Automobile Experience Hall commenced its operation, creating new growth opportunities. In respect of dealing with its debt issues, the Group has continued to divest from serious lossmaking businesses and non-core assets. Furthermore, it also disposed some of its long-term assets to settle debts, and actively negotiated with creditors for debt settlements.Reshape the retail business, promote single store franchises, and continue to optimize and upgrade new model business strategiesGome's new retail model business strategy continues to be optimized and upgraded. On the one hand, Gome uses live broadcast as the fulcrum to promote the focus on its main business, tap new increments through short videos, live broadcast and other marketing models, and consolidate online business; on the other hand, the Company actively promotes single-store franchises As the core asset-light joint venture and cooperation model, we get rid of "heavy assetoperation" and open up "single store franchise" with the "light asset", "heavy operation" and "strong management" operating model. The Company fully opens brand authorization to franchisees, focuses on supply chain model innovation, and shifts from electrical appliance franchises to all-industry franchises, quickly forming a franchise network of different models and different formats. Based on maintaining the original franchise equity cooperation, single stores are encouraged to join similar franchise equity form of cooperation.During the reporting period, the single-store franchise joint venture cooperation model has entered the substantive operation stage and achieved rapid development, attracting the attention of many investors. At present, dozens of companies have signed contracts, and nearly a hundred companies are in the process of signing contracts.Actively exploring new business growth curves, the GOME Automobile Experience Hallhas received enthusiastic response from the marketGome Retail focuses on the experience of its main business, at the same time, actively thinks about changes and strives for progress, explores new growth models, and builds offline automoblie experiencehall. Gome Automobile Experience Hall is OMO's one-stop car selection, car purchase, and car use platform with product closed-loop empowerment capabilities. It uses a solid store expansion model to empower the automoblie product market and solve the problem of individual car dealers' purchase difficulties and expensive purchases. Meanwhile, it also ensures that consumers in various regional markets can buy new car products with clear channels, low prices and transparency, bringing consumers a new car buying experience. With its unique business model and enabling support including vehicle source channels, logistics and warehousing, Gome Automobile Experience Hall has received cooperation intentions from many well-known domestic and overseas automobile brands. During the Reporting Period, the Gome Automobile Experience Hall has started substantial operations and has received good market feedback.Looking ahead, the government emphasized the active expansion of domestic demand, further clarified the comprehensive relaxation of real estate controls, and emphasized that "the focus of economic policies will shift more to benefiting people's livelihood and promoting consumption." It is believed that more positive policies will be introduced in the second half of this year to support the economy. With a steady recovery, the industry environment is expected to improve.Gome Retail management said: “In the future, the retail industry will face more new opportunities and challenges, Gome has never forgotten its original intention of serving the people's better life and its responsibility as a listed company. The Company's management will still work hard, lean management, integrate resources and business collaboration, and create direct operational contributions; at the same time, we also look forward to continuing to work with more partners to empower each other and jointly help the retail industry to upgrade and iterate, to satisfy Chinese families’ pursuit of a better life.”- End -About GOME RETAIL HOLDINGS LIMITEDGOME RETAIL HOLDINGS LIMITED was listed on the Hong Kong Stock Exchange in July 2004 (Stock Code: 493HK). Founded in 1987 in China, GOME is committed to building China's leading technology-based, experiential, entertainment-oriented and socialized home-life technology retailer. With the strategy of "Home Living", Gome Group focuses on retailing of electrical appliances and consumer electronics products, and builds a closed-loop ecosystem for the entire product line.Please visit our website for more information: www.gome.com.hkIssued by EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITED for and on behalf of GOME Retail Holdings Limited. For further information, please contact:EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITEDMs Wu Xiaoyue / Ms Isla GuTel:(852) 3468 8874 Fax:(852) 2111 1103Mail:xiaoyue.wu@everbloom.com.cn/jin.gu@everbloom.com.cn Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Aug 30, 2024 - (ACN Newswire via SeaPRwire.com) - Inkeverse Group Limited ("Inkeverse" or "the Group", Stock Code: 3700.HK) announces its full-year results for the period ended June 30, 2024.During the reporting period, the Group’s total revenue was RMB 3533.2 million, up 13.0% compared to the same period in 2023. Revenue from the Group’s value-added services was RMB 2601.2 million,yoy 12.4%, representing 73.6% of the Group’s overall revenue. The content services business recorded total revenue of RMB 642.7 million,yoy 36.1%, accounting for 18.2% of the Group’s overall revenue.Live Streaming and Social Ecosystem Thrives, Creating a Sustainable Development LoopThe Group’s live streaming and social business, through long-term stable operations and continuous refinement, has built a robust commercial ecosystem. The core product, "Inke Live," maintains its brand advantage in the live streaming sector. Despite market fluctuations, it has created a healthy, active user community through a mature and evolving operational system and ongoing optimization of the ecosystem structure.The social business continues to benefit from its product matrix advantage, adapting flexibly to the increasingly diverse and refined needs of users. The Group adjusts its strategy with an efficient product matrix to precisely match emerging social scenarios, deeply penetrating multiple verticals, and satisfying differentiated social needs, demonstrating strong market adaptability. The stable and innovative operation of the Group’s two core businesses provides stable and substantial cash flow support, effectively driving the Group’s deep expansion and continuous innovation in more business areas.Playlet Business Leads the Industry, Secure Industry-Leading Position with Full Industry Chain LayoutIn the face of intensifying competition in the short -form video market, the Group remains at the forefront of the industry due to its forward-looking layout and innovation. By leveraging early precision entry and efficient investment strategies, the Group has rapidly established a complete ecosystem for the playlet industry, optimizing the entire chain from content creation to distribution and promotion, ensuring steady business growth. This underscores the Group’s deep understanding of the playlet field and lays a solid foundation for continued industry leadership.Looking ahead, the Group is cautiously advancing the deep integration of playlets with cultural tourism and other diverse industries, aiming to create a series of high-quality, high-grade micro-playlet to offer a richer audiovisual experience to viewers. Simultaneously, the Group is exploring new opportunities in overseas playlets, broadening its business scope through internationalization. Breakthrough in Overseas Expansion, Successfully Opening New MarketsThe Group continues to deepen its overseas strategy and has achieved results. Leveraging its rich experience in the domestic market, the Group adopts a vertically segmented matrix strategy to rapidly enter target markets. To better meet local needs, the Group integrates rich local elements into product design, enhancing market competitiveness. Some products launched in Southeast Asia have successfully completed commercial validation, providing valuable experience and models for expansion into other regions. This year, the Group has entered emerging markets such as the Middle East, launching products and achieving a certain level of user accumulation.By continuously optimizing product models and deeply understanding overseas user needs, the Group has significantly shortened the adaptation cycle in new markets and accumulated valuable localized operational experience. This experience not only lays a solid foundation for the Group’s deep expansion in overseas markets but also provides strong support for further exploration in these markets.Future OutlookLooking ahead, the Group will continue to gain insights into user needs, enrich the social product matrix, and solidify competitive advantages through matrix-based synergy while exploring new growth points through innovation. Relying on its deep accumulation in interactive entertainment, the Group will quickly incubate new products, optimize content quality, enhance user experience and platform stickiness, and maintain its leading position in the market. Simultaneously, the Group is actively adjusting its overseas operations strategy, deepening localization, enriching product formats, and expanding efforts in emerging markets such as Southeast Asia and the Middle East, aiming to achieve scalable growth. Additionally, the Group is keeping up with technological frontiers, actively laying out Web3.0 and AI fields, planning strategic cryptocurrency holdings, and promoting AI applications to lead industry future development and create new interactive entertainment experiences.-End-About Inkeverse Group Limited: Inkeverse Group (3700.HK) is a leading full-scenario new social platform in China, formerly known as Inke Interactive Entertainment Group. It’s core business covers live streaming social, playlets, and overseas segments, driving performance growth through a matrix of products and diversified business formats. In 2015, the first product, Inke Live, was launched, initiating the domestic mobile live streaming trend. In 2018, Inke, just three years after its establishment, was listed on the Hong Kong Stock Exchange as the first entertainment live streaming stock. Since then, the Group has incubated multiple products around the "interactive social" strategy, creating a rich social product matrix. In the second half of 2022, the Group pioneered the short drama market, firmly establishing itself as an industry leader with its early advantage and high-quality content. The Group is also accelerating its global layout and expanding overseas market growth. In 2022, the Group officially renamed itself Inkeverse and is actively laying out AI, Web3.0, and other cutting-edge fields to offer users rich, multidimensional social scenarios and services, further enhancing commercial value.For more information, please visit Inkeverse IR website: https://ir.inkeverse.com/sc/ir_overview.phpFor enquiry, please contact Intelligent Joy Limited Copyright 2024 ACN Newswire via SeaPRwire.com.

香港, 2024年8月30日 - (亚太商讯 via SeaPRwire.com) — 国美零售控股有限公司（香港联合交易所代号：493.HK，“国美零售”或“公司”，及其子公司，统称“集团”），今天公布其截至2024年6月30日止六个月(“报告期”)未经审计之六个月业绩。聚焦主业巩固边界 多举措积极化解债务问题2024年上半年，国内经济受到严峻复杂的国际环境和国内政策周期影响，复苏依旧缓慢。从行业来看，房地产下行明显，地方政府和居民部门收入增长放缓，家电行业受到此等因素影响，各类家电上半年零售增速均出现不同程度的放缓。2024年上半年集团录得收入约为人民币169百万元;母公司拥有者应占亏损约为人民币4,432百万元。2024年上半年，国美零售继续聚焦零售业，激活“家生活”全零售生态，积极广泛开拓多种采购渠道和方式，专注做好家用电器、消费电子产品、日用品及各类生活用品的零售，推动线下升级，强化线上直播等新运营手段，同时，加快类加盟业务开拓步伐，实现国美汽车体验馆开馆展业，打开新增长机会。此外，公司继续剥离亏损严重业务和非核心资产，同时通过出售部分长期资产以清偿债务，并积极与债权人沟通协商，推进债务化解。重塑零售业务推进单店加盟 持续优化升级新模式经营策略国美零售新模式经营策略持续优化升级，一方面以直播为支点，推进主业聚焦，通过短视频、直播等营销模式挖掘新增量，巩固线上；另一方面，公司积极推进以单店加盟为核心的轻资产合资合作模式，摆脱“重资运营”，以“轻资产”“重运营”“强管理”运营模式开放“单店加盟”。公司向加盟商全面开放品牌授权、聚焦供应链模式创新，以电器加盟转向全业态招商，迅速形成不同模式及不同业态加盟网络，在保持原类加盟股权合作基础上，鼓励单店以类加盟股权形式合作。报告期内，单店加盟合资合作模式已进入实质化运营阶段，并实现快速发展，引发众多投资者关注。目前，已完成签约数十家，另有近百家企业正在签约过程中。积极探索新业务增长曲线 汽车体验馆市场反响热烈国美零售在围绕主业的同时，积极思变、求进，探索新的增长曲线，打造线下汽车体验馆。国美汽车体验馆是拥有产品闭环赋能实力的OMO一站式选车、购车、用车平台，以实打实的门店拓展模式为车型产品市场下沉赋能，在解决个体车商进货难、进货贵问题的同时，也确保各区域市场的消费者能够买到渠道清晰、低价透明的新车产品，为消费者带来全新购车体验。国美汽车体验馆凭借独特的商业模式以及包括车源渠道、物流仓储等赋能支持，目前已收到众多海内外知名汽车品牌的合作意向。报告期内，国美汽车体验馆业务已开启实质运营，并取得良好的市场反馈。展望未来，政府部门强调积极扩大国内需求，进一步明确对房地产调控的全面松绑，并强调“经济政策的着力点更多转向惠民生、促消费”，相信今年下半年会有更多积极政策出台以支持经济平稳复苏，行业环境有望得到改善。国美零售管理层表示：“未来，零售行业还将面临更多新的机遇与挑战，国美从未忘记自己服务人民美好生活的初心和作为上市企业的责任担当，公司管理层仍将继续积极拼搏，精益管理，做好资源整合和业务协同，创造直接的经营贡献；同时也期待能继续与更多的合作伙伴携手，相互赋能，共同助力零售行业升级迭代浪潮，满足中国家庭对美好生活的追求。” - 完 -关于国美零售控股有限公司国美零售控股有限公司于2004年7月在香港联交所上市(股份代号：493)。国美集团1987年于中国成立，致力于打造中国领先的科技型、体验型、娱乐态、社交化的家生活科技零售服务商，秉持“家·生活”战略，以电器及消费电子产品零售为主营业务，构建全品类闭环生态。更多详情请流览公司网站：www.gome.com.hk此新闻稿由九富（香港）财讯公关集团有限公司代表国美零售控股有限公司发布。如有垂询，九富（香港）财讯公关集团有限公司吴宵月小姐/古今小姐电话：(852) 3468 8944 传真：(852) 2111 1103电邮：xiaoyue.wu@everbloom.com.cn/jin.gu@everbloom.com.cn Copyright 2024 亚太商讯 via SeaPRwire.com.

香港, 2024年8月30日 - (亚太商讯 via SeaPRwire.com) — 映宇宙集团有限公司（「映宇宙」或「集团」，股份代号：3700.HK）公布截至2024年6月30日全年业绩。报告期内，集团总收益为3533.2百万港元，较2023年同期增长13.0%；其中，集团增值服务总收益为2601.2百万港元，同比增长12.4%，该业务占集团整体收益73.6%；内容服务业务录得总收益为642.7百万港元，同比增长36.1%，该业务占集团整体收益18.2%。直播及社交生态充满活力 铸就可持续发展闭环集团直播及社交业务基于长期稳健运行与不断精细化运营，构建了良性的商业生态系统。核心产品“映客直播”延续了在直播赛道的品牌优势，面对市场环境的波动，仍然凭借一套成熟且不断进化的运营体系，以及对生态结构的持续优化，成功营造出一个健康、活跃的用户社群环境。社交业务延续了产品矩阵的优势，针对用户需求的日益多元化与精细化趋势，集团灵活调整策略，以高效的产品矩阵精准对接新兴社交场景，深度渗透多个垂直领域，满足用户差异化的社交需求，持续彰显出强大的市场适应力。集团两大核心基础业务的长期稳健经营与持续创新，为集团提供了稳定且丰厚的现金流支持，也有效推动了集团在更多业务领域的深度拓展和持续创新。短剧业务领跑行业 全产业链布局稳固行业领先地位在当前短剧市场竞争日益激烈的背景下，集团凭前瞻布局与创新力稳居行业头部。面对挑战，集团依托早期精准入局、高效投放策略，迅速打通短剧产业完整生态链，实现从内容创作到分发推广的全链条优化，确保了业务规模的稳健增长。凸显了集团在短剧领域的深刻理解，也为持续引领行业发展打下了坚实基础。在短剧业务未来发展方向上，集团正审慎地推进短剧与文旅等多元产业的深度融合，旨在打造一系列高质量、高品位的精品微短剧，为观众带来更加丰富多元的视听享受。同时，集团还瞄准海外市场，试水海外短剧新机遇，通过国际化布局进一步拓宽业务版图。海外拓展再获突破 多市场成功打开新局面集团持续深化出海战略并取得成效。集团凭借在国内市场积累的丰富经验，采用垂直细分的矩阵式策略，迅速切入目标市场。同时，为了更好地适应本地化需求，集团在产品玩法和设计上融入了丰富的本土元素，提升产品的市场竞争力。目前集团在东南亚市场上线的部分产品顺利完成了商业验证，为集团在其他地区的拓展提供了宝贵的经验和范本。今年以来，集团开始进入中东等新兴市场，已上线产品并取得了一定的用户积累。通过持续优化产品模型，深入了解海外用户需求，集团显著缩短了在新市场的适应周期，积累了丰富的本地化运营经验。这些宝贵的经验不仅为集团在海外市场的深入拓展奠定了坚实基础，也为未来在海外市场的进一步深耕探索提供了有力支撑。未来展望展望未来，集团将持续洞察用户需求，丰富社交产品矩阵，通过矩阵式联动稳固竞争优势，并发挥创新能力探索新增长点。依托在互动娱乐领域的深厚积累，集团将快速孵化新产品，优化内容品质，提升用户体验与平台粘性，确保在市场中保持领先地位。同时，集团正积极调整海外运营策略，深化本地化运营，丰富产品业态，加大在东南亚、中东等新兴市场的拓展力度，致力于跑通规模化增长路径。此外，集团紧跟科技前沿，积极布局Web3.0与AI等新兴领域，计画战略性持有加密货币，推动AI应用落地，以科技创新引领行业未来发展，开创互动娱乐体验的新篇章。-完-关于映宇宙集团有限公司：映宇宙集团(3700.HK)是中国领先的全场景新社交平台，原名映客互娱集团，核心业务覆盖直播社交、短剧、海外等板块，以矩阵式产品、多元化业态带动业绩增长。2015年，首款产品映客直播上线，开创国内移动直播潮流。2018年，成立仅3年的映客在香港上市，成为港交所娱乐直播第一股。上市后，集团围绕“互动社交”战略，陆续孵化出多款产品，构建起丰富的社交产品矩阵。 2022年下半年，集团抢先布局短剧市场，凭借先发优势和精品化内容稳居行业第一梯队；同时，映宇宙还在不断加速全球化布局，打开海外市场增长空间。2022 年，集团正式更名为映宇宙，积极布局AI、Web3.0等前沿领域，旨在基于全新技术形态，为用户提供丰富多维的社交场景和服务，实现商业价值的进一步提升。有关更多资料，请访问映宇宙IR网站：https://ir.inkeverse.com/sc/ir_overview.php如有垂询，请联络慧悦公共关系顾问集团有限公司：Jaon Guo电邮：Jason.guo@intelligentjoy.com Copyright 2024 亚太商讯 via SeaPRwire.com.

KUALA LUMPUR, Aug 30, 2024 - (ACN Newswire via SeaPRwire.com) - AGAPE ATP Corporation (NASDAQ: ATPC) (“ATPC” or “the Company”), is pleased to announce a series of significant updates reflecting its ongoing commitment to growth and sustainability.Effective today, ATPC will implement a 1-for-20 reverse stock split of its shares of common stock, as previously disclosed in filings with the Securities and Exchange Commission. This strategic action aims to increase the market price per share, thereby meeting NASDAQ's continued listing standards and ensuring the Company’s position on a globally recognized exchange. Additionally, the number of authorised shares of common stock will be reduced from 1,000,000,000 to 50,000,000.Beyond the reverse stock split, ATPC is advancing several strategic initiatives aimed at strengthening its position and providing value to shareholders. The Company is planning to launch new products expected to enhance its financial outlook and market presence. The recent partnership with B&H Intec Solution Sdn. Bhd, which led to the formation of ATPC Green Energy Sdn. Bhd., has lined up a promising pipeline in its green energy sector. This venture is an important step in expanding the Company’s capabilities in sustainable energy solutions, aligning with its broader goals of supporting environmental sustainability.Furthermore, ATPC is actively expanding its offerings in the wellness and senior care sectors. Cedar ATPC Sdn. Bhd. is poised to introduce a range of new wellness services designed to meet the growing demand for health and wellness solutions. At the same time, Sweet Home Senior Living Care Centre Sdn Bhd continues to thrive, delivering high-quality care services to address the needs of an aging population. These initiatives underscore the Company’s commitment to enhancing the quality of life and supporting sustainable development, which are core pillars of its business strategy.Financially, the Company remains on solid footing, with a strong balance sheet and sufficient liquidity to support ongoing and future initiatives. ATPC is also exploring new opportunities in both domestic and regional markets, particularly in the areas of Wellness and Green Energy, as part of its strategy for sustainable growth.The Company recognises the concerns of its investors regarding the reverse stock split and wants to assure them that these actions are part of a broader strategy to ensure long-term stability and growth. While short-term market dynamics can be influenced by various factors, including geopolitical events and economic shifts, ATPC is confident in the underlying strength of the markets in which it operates and its strategic positioning within them. The management team is closely monitoring market conditions and remains prepared to take swift, decisive actions to protect and enhance shareholder value. Copyright 2024 ACN Newswire via SeaPRwire.com.

香港, 2024年8月30日 - (亚太商讯 via SeaPRwire.com) — 汇聚科技有限公司（「汇聚科技」，股份代号：1729，连同其子公司合称「集团」）欣然宣布集团截至二零二四年六月三十日止六个月（「本中期期间」）的中期财务业绩。于本中期期间，由于借贷成本居高不下及财政支持撤销等因素，及地缘政治局势紧张和经济割裂加剧带来的影响，全球经济扩张步伐缓慢。尽管如此，本集团仍积极寻求可使其现有业务组合趋向多元化、拓宽收入来源及为本公司股东提升价值的潜在投资机会，从而改善本集团的业务营运及财务状况。其中，受惠于AI热潮，数据中心分部及特种线分部于本中期期间的收益分别大幅增长16.6%及93.6%，盈利能力相对改善。而随着本集团在医疗设备电线业务投放更多关注及精力，以及两座新厂房的建成，大大拓展了医疗设备电线产品的产能及研发能力，该分部收益亦大幅增加166.0%；同时，本集团已于二零二四年七月完成投资两间医疗及保健相关公司。由于该等分部带动利润率转佳，电缆及电线的整体盈利能力亦有所改善。同时，网络电线分部的海外订单持续改善，于本中期期间，该分部收益增加25.1%。综上，集团于本中期期间录得的收益为2,666.1百万港元，较截止二零二三年九月三十日止六个月期间*（「上一个中期期间」）的2,626.7百万港元增加39.4百万港元或1.5%。本中期期间的经营溢利为309.2百万港元，较上一个中期期间的235.1百万港元增加74.1百万港元或31.5%，而本中期期间的经营利润率则由9.0%上升至11.6%。经营溢利增加主要归因于产品组合变动；医疗设备、数据中心及特种线分部的收益上升，而三个市场分部都具有较佳的利润率；及服务器分部收益及利润率下降。于本中期期间，集团每股基本盈利为10.4港仙，较上一个中期期间的7.8港仙增加33.3%。本公司董事会欣然宣派中期股息每股1港仙，总额约为19.5百万港元。 业务回顾集团各个业务分部的营业额的分布如下:业务分部收益（百万港元）收益占比截至二零二四年六月三十日止六个月截至二零二三年九月三十日止六个月变化截至二零二四年六月三十日止六个月截至二零二三年九月三十日止六个月电线组件 数据中心564.4484.116.6%21.2%18.4% 电讯286.5348.6-17.8%10.7%13.3% 医疗设备386.0145.1166.0%14.5%5.5% 工业设备21.312.866.4%0.8%0.5% 汽车68.469.5-1.6%2.6%2.7%数字电线 网络电线614.7491.225.1%23.0%18.7% 特种电线111.557.693.6%4.2%2.2%服务器613.31,017.8-39.7%23.0%38.7%总计2,666.12,626.71.5%100%100%数据中心分部AI的兴起带动了本集团数据中心业务的增长及发展。于本中期期间，由于服务器升级，数据中心分部的收益由上一个中期期间的484.1百万港元增加80.3百万港元或16.6%至本中期期间的564.4百万港元，盈利能力相对改善。该分部的订单于本中期期间维持于较高的出货水平， 并继续是电线组件业务下最高收益的分部。电讯分部于本中期期间，该分部录得的收益为286.5百万港元，较上一个中期期间的348.6百万港元减少17.8%。电讯分部的主要客户位于中国，收益下跌的主要原因为对比上一个中期期间，本中期期间受到中国农历新年假期影响。医疗设备分部于本中期期间，本集团在医疗设备电线业务投放了更多关注及精力，继续扩大其医疗设备客户群，并于本中期期间加强其研发能力。在去年，受惠于昆山汇聚及江西汇聚两座新厂房建成，以及拓展医疗设备电线产品的产能及研发能力，医疗设备分部于本中期期间的收益大幅增加至386.0百万港元，较上一个中期期间的145.1百万港元增加240.9百万港元或166.0%。工业设备分部尽管全球经济复苏步伐较预期慢，不同国家之间仍然存在分歧，加之高利率抑制了经济活动，本集团的工业设备分部仍略有改善。工业设备分部的收益由上一个中期期间的12.8百万港元增加66.4%至本中期期间的21.3百万港元。汽车分部汽车分部于本中期期间的收益为68.4百万港元，较上一个中期期间的收益69.5百万港元轻微减少1.6%。受地缘政治及贸易战影响，汽车配线产品于本中期期间的销售订单维持于较低水平。然而，本集团仍然相信，汽车配线产品有助本集团为其客户提供更广泛的产品组合。为把握电动汽车市场蓬勃发展带来的机遇，本集团新的全资附属公司Linkz Cables Mexico, S. de R.L. de C.V.（「Linkz Mexico」）已在墨西哥成立，以增加其于中国及亚洲以外市场的市场份额。网络电线分部即使不同国家之间的分歧、战争、利率高企、美元走强及通胀偏高等众多负面因素仍然存在，但网络电线分部的海外订单持续改善。网络电线于本中期期间的收益为614.7百万港元，较上 一个中期期间的491.2百万港元增加123.5百万港元或25.1%。铜价上涨反映市场需求持续改善。Linkz Mexico成立后，亦有助增加其于美国及墨西哥市场的市场份额。特种线分部与数据中心分部一样，Al亦刺激特种线分部的高速电缆增长及发展。特种线于本中期期间的收益为111.5百万港元，较上一个中期期间的57.6百万港元显著增加53.9百万港元或93.6%。高速电缆亦带动利润率转佳，为本集团的整体盈利能力带来裨益。服务器分部于本中期期间，服务器的收益为613.3百万港元，较上一个中期期间的1,017.8百万港元减少39.7%。经过去年底新产品出货高峰期之后，今年出现关键部件供应短缺的问题，导致部分订单需要改期。展望展望未来，就不利因素而言，地缘政治局势紧张、高利率持续抑制全球经济活动。根据「国际货币基金组织」于二零二四年发布的 《世界经济展望》最新预测，于二零二三年全球经济增长估计为3.2%，而预期于二零二四年及二零二五年将持续保持相同步伐。五年后全球经济增长的最新预测为3.1%，处于近几十年来的最低水平。而就利好因素而言，随着劳动力参与率提高，通胀下降速度可能较预期中快，致使各国央行可推出宽松计划，提振经济活动。人工智能及较预期更强的结构性改革可带动生产力。尽管本集团正面对宏观经济环境中的相关挑战及困难，管理层仍对其未来业务充满信心。在立讯集团的支持下，本集团在产品制造能力及财务实力方面具有优势。本集团将继续发展战略性业务及市场，巩固其业务基础并于经济低迷时期取得骄人业绩。集团认为，中国持续加快5G技术研发，以及疫情导致的社会新常态，包括居家工作及网络会议等，预计将带动电线组件产品及电讯分部的需求，因此，管理层对5G相关业务充满信心。另一方面，考虑到汽车及电动汽车市场的蓬勃发展，本集团相信，汽车线束产品有助本集团为其客户提供更广泛的产品组合，并通过丰富本集团的业务组合及拓展其独特的客户群，踏足新业务领域。为此，集团已于墨西哥设立一间新的全资附属公司Linkz Mexico，以增加其于中国及亚洲以外市场的市场份额。新厂房预期可于二零二四年下半年投产。新工厂将生产数字电线及汽车配线产品。此乃「中国加一」策略，可保护供应链及出口市场免受地缘政治紧张局势及不可预见的中断影响，令集团能够抓紧这一代5G网络来临及汽车市场所带来的市场机遇。此外，世界各地公司的云技术使用率的不断增加有望推动数据中心的发展。同时，5G发展将推动大数据、物联网、网络游戏及云平台视频流的应用。为把握巨大的市场潜力，本集团已拓展其业务至服务器业务，所提供的产品主要应用于数据中心。考虑到(i)中国正积极开展投资活动以建设数字基础设施；(ii)中国制造商由于地缘政治关系而继续提高本土供应链的比重；及(iii)立讯精密拥有广泛的技术知识及良好的客户关系，本集团对市场的潜在需求持乐观态度。同时，Al的兴起，带动本集团服务器及数据中心分部业务的增长及发展。然而，地缘经济割裂持续加剧，货物、资本及人员流动的障碍不断增加，供应链逐渐出现供应问题。这些都为本集团的业务运作带来了挑战。本集团将尽最大努力寻找任何业务方案，以应对当前经济环境以及全球复杂地缘政治关系，并继续加大及巩固服务器业务的发展。就医疗设备分部而言，集团预计医疗设备电线的需求将继续为集团本年度的医疗设备电线订单带来正面影响。为此，集团已成立两间全资附属公司，分别为汇聚智能科技（昆山）有限公司及江西汇聚精密工业有限公司，以拓展医疗设备电线产品的产能及研发能力。此外，本集团已于二零二四年七月完成投资两间医疗及保健相关公司。一间为具备逾30年良好营运纪录的Cosmic M.E. Inc.（「CME」），于其股份认购后已成为本公司之附属公司。其从事开发、生产及销售电子医疗工具以及其他医疗设备及器材的业务。本集团相信，该认购将使其能利用CME的广泛专业知识及现有生产设施，即时为其现有及新客户提供可靠及优质医疗产品，并为双方就医疗相关产品于研发、生产能力及全球市场扩展方面的发展带来协同效应。另一间为Valkyrie Industries Limited （「Valkyrie」），本公司透过股份认购有权控制其16.75%股份。Valkyrie为一间总部设于英国的初创企业，于触控及虚拟实境术技方面拥有长达七年的专业经验。其已开发能为用户于虚拟仿真场景中创造重量、反抗力及助力的触控科技，并已获得专利权。该项科技结合体适能、健康及游戏，以改善庞大游戏市场的人体表现及神经肌肉复元。本集团认为，Valkyrie的科技将为本集团拓展其产品组合带来机遇，令集团业务更趋多元化，并扩阔其特定客户群的收入来源。此外，新的联络处Time Interconnect America Inc. 已自二零二四年七月起在里地牙哥成立，以抓住更多医疗相关市场的商机。展望未来，考虑到医疗设备市场的需求不断增长，本集团相信该分部将保持其动态增长速度。本集团将在此分部投放更多关注及精力，继续扩大其医疗设备客户群，并加强其研发能力。凭借中国政府的「东数西算」政策，立讯精密将发挥立讯集团的平台优势及市场地位，为本公司引入策略资源，进一步增强本公司在其市场上的持续增长潜力及核心竞争力，使本公司战略发展成为全方位的网络解决方案及基础设施供应商，为股动创造更大的价值。对此，立讯精密正在对本公司的经营及财务状况进行战略检讨，并积极探索本公司内生性及外延式增长和发展的商机。本公司相信，在立讯精密的支持下，本集团将于未来创造更多更多的可能性。- 完 -关于汇聚科技有限公司汇聚科技有限公司是一家信誉卓著的定制电线互连方案供应商，在行业拥有超过30年经验。 总部设于香港，并于中华人民共和国上海、苏州、江西及惠州以及日本及墨西哥拥有生产设施。集团目前制造及供应各种铜缆和光缆电线组件、数字电线产品、医疗产品及服务器产品均根据个别客户伙伴的详述规格及设计而生产。产品已使用在包括电讯、数据中心、工业设备、医疗设备、汽车配线、数字电线及服务器在内的各种市场领域，均受到少商誉优良的中国及国际客户所采用。本新闻稿由智升公关有限公司代表汇聚科技有限公司发放。 Copyright 2024 亚太商讯 via SeaPRwire.com.

HONG KONG, Aug 30, 2024 - (ACN Newswire via SeaPRwire.com) TIME Interconnect Technology Limited (“TIME Interconnect”, Stock Code: 1729.HK, with its subsidiaries collectively referred to as the “Group”) is pleased to announce its interim results for the six months ended 30 June 2024 (the “Current Interim Period”).During the Current Interim Period, the pace of economic expansion has been slow, owing to the factors, such as still-high borrowing costs and withdrawal of fiscal support, and the increasing geo-economic fragmentation and geo-politic tension. In spite of these challenges and difficulties, the Group strives to improve its business operations and financial position by proactively seeking potential investment opportunities that would diversify the Group's existing business portfolio, broaden its source of income and enhance value to the shareholders of the company. Benefiting from the AI boom, the revenue of data centre sector and specialty cable sector have significantly increased by 16.6% and 93.6% respectively during the Current Interim Period and the profitability was relatively improved. In addition, the Group paid more attention and efforts in the medical equipment cables business, and with the setup of two new plants, the revenue of medical equipment sector has also significantly increased by 166.0%. At the same time, the Group has completed its investment in two medical and healthcare-related companies in July 2024. The overall profitability of cables and wires has also improved due to these sectors are carrying a better margin. Meanwhile, overseas orders for networking cable sector continued to improve. The revenue of networking cable sector has increased by 25.1% during the Current Interim Period.For the Current Interim Period, the Group recorded revenue amounting to HK$2,666.1 million, represented an increase of HK$39.4 million or 1.5% as compared with HK$2,626.7 million for the six month ended 30 September 2023 (“Previous Interim Period”). Operating profit for the Current Interim Period was HK$309.2 million, represented an increase of HK$74.1 million or 31.5%, as compared with HK$235.1 million for the Previous Interim Period, with the operating profit margin raised from 9.0% to 11.6% for the Current Interim Period. The increase of operating profit was mainly attributable to changes of product mix, higher revenue from medical equipment, data centre and specialty cable sectors with all three market sectors having better profit margin; and lower revenue and profit margin from the server sector.For the Current Interim Period, basic earnings per share was HK10.4 cents, which is 33.3% higher than the basic earnings per share of HK7.8 cents in the Previous Interim Period. The Board Directors of the company is pleased to declare an interim dividend of HK1 cent per share, amounting to a total of approximately HK$19.5 million.Business ReviewThe Group’s turnover by market sector is as follows:Market SectorTurnover (HK$ million)Share of TurnoverSix months ended 30 June 2024Six months ended 30 September 2023ChangesSix months ended 30 June 2024Six months ended 30 September 2023Cable assembly Data centre564.4484.116.6%21.2%18.4% Telecommunication286.5348.6-17.8%10.7%13.3% Medical equipment386.0145.1166.0%14.5%5.5% Industrial equipment21.312.866.4%0.8%0.5% Automotive68.469.5-1.6%2.6%2.7%Digital cable Networking cable614.7491.225.1%23.0%18.7% Specialty cable111.557.693.6%4.2%2.2%Server613.31,017.8-39.7%23.0%38.7%Total2,666.12,626.71.5%100%100%Data centre sectorThe emergence of Al drove the growth and development of the Group's data centre business. During the Current Interim Period, the revenue of data centre sector increased by HK$80.3 million or 16.6% to HK$564.4 million as compared to HK$484.1 million for the Previous Interim Period due to the upgrading of servers and the profitability was relatively improved. Orders from this sector maintained at a high shipment level during the Current Interim Period, and remained the highest revenue sector in the cable assembly business.Telecommunication sectorIt recorded a decrease of revenue from HK$348.6 million for the Previous Interim Period to HK$286.5 million for the Current Interim Period, represented a decrease of HK$62.1 million or 17.8%. The main customers of telecommunication sector are located in PRC, and the main reason for the decline in revenue was the impact of the Lunar New year holidays during the Current Interim Period as compared to the Previous Interim Period.Medical equipment sectorDuring the Current Interim Period, the Group paid more attention and efforts in the medical equipment cables business and continued to enhance its medical equipment customers base, as well as to strengthen its R& D capabilities during the Current Interim Period. Benefited from the setup of two new plants, Time Kunshan and Time Jiangxi, last year and expanded production capacity and R&D capabilities for medical equipment cables products, the revenue of medical equipment sector has significantly increased to HK$386.0 million, represented an increase of HK$240.9 million or 166.0% as compared with HK$145.1 million for the Previous Interim Period.Industrial equipment sectorThe global economy recovered but the pace was slower than expected. The divergences between countries have maintained. High interest rates directly raised the cost of borrowing and constraining economic activity. However, there was slight improvement in the industrial equipment sector. The revenue of industrial equipment sector increased by 66.4% from HK$12.8 million for the Previous Interim Period to HK$21.3 million for the Current Interim Period.Automotive sectorThe revenue of automotive sector was HK$68.4 million for the Current Interim Period, compared with the revenue for the Previous Interim Period of HK$69.5 million, represented a slight decrease of 1.6%. Affected by geopolitics and trading war, the sales orders of automotive wire harness products maintained a lower level during the Current Interim Period. But the Group still believes that the automotive wiring products can help the Group to provide its customers with a broader product portfolio. To capture opportunities brought by the booming electric vehicle market, the Group’s new wholly-owned subsidiary, Linkz Cables Mexico, S. de R.L. de C.V. ("Linkz Mexico"), has been setup in Mexico to increase its market share in markets outside China and Asia.Networking cable sectorEven a lot of negative factors, such as the divergences between countries, wars, high interest rates, strong US dollar and high inflation, were remained exist, overseas orders for networking cable sector continued to improve. The revenue of networking cable for the Current Interim Period was HK$614.7 million, represented an increase of HK$123.5 million or 25.1% as compared with HK$491.2 million for the Previous Interim Period. The rise in copper price indicated that market demand is continuing to improve. The establishment of Linkz Mexico also helps to increase its market share in the U.S. and Mexico markets.Specialty cable sectorSame as data centre sector, Al also stimulated the growth and development of high-speed cables in the specialty cable sector. For the Current Interim Period, the revenue of specialty cable was HK$111.5 million, represented a significant increase of HK$53.9 million or 93.6% as compared with HK$57.6 million for the Previous Interim Period. High-speed cables also carried a better profit margin which benefited to the Group's overall profitability.Server sectorFor the Current Interim Period, the revenue of server was HK$613.3 million, represented a decrease of HK$404.5 million or 39.7% as compared with HK$1,017.8 million for the Previous Interim Period. After a peak of new products shipments at the end of last year, there was a shortage of key components supply this year, resulting in some orders need to be rescheduled.ProspectLooking ahead, on the downside, geopolitical tensions and high interest rates continue to dampen global economic activities. According to the latest forecast of the "World Economic Outlook" issued by the "International Monetary Fund" in 2024, global growth estimated at 3.2 percent in 2023, is projected to continue at the same pace in 2024 and 2025. The latest forecast for global growth five years from now at 3.1 percent is at its lowest in decades. On the upside, inflation could fall faster than expected amid further gains in labor force participation, allowing central banks to bring easing plans forward. Artificial intelligence and stronger structural reforms than anticipated could spur productivity. However, even the Group is facing such challenges and difficulties in the macro-economic environment, the management remains confident in its future business. With the support of Luxshare Group, the Group enjoys advantages in both product manufacturing capabilities and financial strength. The Group will continue to develop strategic businesses and markets, strengthen its business foundation and achieve impressive results during the economic downturn.The Group believes that the PRC’s continued acceleration of 5G technology research and development, as well as the new social normals caused by the epidemic, including work-from-home and online meetings, are expected to drive the demand of cable assembly products and telecommunication sector and benefit the Group’s business growth. In light of this, the management remains confident in 5G-related business.On the other hand, considering the vigorous development of the automotive and electric vehicle markets, the Group believes that the automotive wire harness products can help the Group to provide its customers with a broader product portfolio, and to step in new business sector by enriching the Group's business portfolio and broadening its unique customer base, helping the Group to capture opportunities brought by the booming electric vehicle market. In view of these, the Group has setup a new wholly-owned subsidiary, Linkz Mexico in Mexico to increase its market share in markets outside China and Asia. A new plant is expected to be put into production in the second half of 2024. The new factory will produce digital cables and automotive wire harness products. This is a "China-Plus-One" strategy, which can protect supply chains and export markets against geopolitical tensions and unforeseen disruptions and enable the Group to capture market opportunities upon the arrival of this generation 5G network.Moreover, the utilisation rate of cloud technology in the companies around the world is continuously increasing, which is expected to drive the development of data centre. Meanwhile, the development of 5G will boost the application of big data, IoT, internet gaming and video streaming through cloud platform. To capture the huge market demand, the Group extended its business to server sector, the products offered by the Group under this business are mainly applied in data centres. Having considered that (i) China is actively conducting investment activities to build digital infrastructure; (ii) the PRC manufacturers continue to increase the share of local supply chain due to geopolitics relationship; and (iii) Luxshare Precision has extensive technological knowhow and good customers’ relationships, the Group is optimistic on the potential demand in the market. Meanwhile, the emergence of Al drove the growth and development of the Group's server and data centre sector business. However, geo-economic fragmentation continues to intensify, barriers to the flow of goods, capital and people continue to increase, and supply chain problems continue to arise. All of these have created challenges on the business operations of the Group. The Group will work very hard to find any business solutions to cope with the current economic environment as well as the complex geopolitical relationship around the globe, and continue to expand and consolidate the development of server business.As for the medical equipment sector, the Group expects the demand for medical equipment cables will continue to bring positive impact to the Group’s medical equipment cables orders this year. To catch up with the trend, the Group has established two wholly-owned subsidiaries, Time Kunshan and Time Jiangxi, to expand production capacity and R&D capabilities for medical equipment cables products.Moreover, the Group completed the investment in two medical and health related companies in July 2024. One is Cosmic M.E. Inc. (“CME”), which has become a subsidiary of the Company following its share subscription. With a proven operating history of over 30 years, CME is engaged in the developing, manufacturing and selling of electronic medical instruments and other medical equipment and devices. The Group believes that the subscription will allow it to leverage on CME's extensive knowhow and existing production facilities to immediately deliver reliable and high quality medical products to its existing and new customers. It will certainly bring synergy to both parties for the development of medical related products in terms of R&D, manufacturing capabilities and global market expansion. Another one is Valkyrie Industries Limited ("Valkyrie"), the company entitled shareholding 16.75% by share subscription. Valkyrie is a UK based startup with 7 years' long professional experience in haptics and virtual reality. It has developed haptic technology with patents, which can create weight, resistance and assistive forces for users in virtual simulations. It combines fitness, wellness and gaming for optimising human performance for the huge markets of games and neuromuscular recovery. The Group considered that the Valkyrie's technology will be a good opportunity for the Group to extend its product mix offered to the existing major customer and also tap into the new business sector so as to diversify the Group's business portfolio and broaden its income stream with distinct customer base. Besides, a new liaison office, Time Interconnect America Inc., has been established in San Diego since July 2024 to seize more business opportunities in medical-related markets. Moving ahead, the Group believes that this sector will maintain its dynamic pace of growth, considering the arising demand from the medical equipment market. The Group will pay more attention and efforts in this sector and continue to enhance its medical equipment customers base, as well as to strengthen its R&D capabilities.Riding on the PRC government's policy of "Channelling Computing Resources from the Eastern Areas to the Western Regions", Luxshare Precision will deploy the platform advantages and market position of the Luxshare Group and introduce strategic resources to the Company with intention to further strengthen the Company's potential for continuous growth and core competitiveness in its market and to enable the Company to develop strategically to become an all-rounded network solutions and infrastructure provider, so as to create greater value for the shareholders. In this regard, Luxshare Precision is conducting a strategic review of the operations and financial position of the Company, and actively exploring business opportunities for the growth and development, in both organic and inorganic manners, for the Company. The Company believes that, with the support of Luxshare Precision, the Group will create more and more possibilities in the future.– End –About TIME Interconnect Technology LimitedTIME Interconnect Technology Limited is a well-established supplier of customised interconnect solutions with over 30 years’ experience in the industry. The Group is headquartered in Hong Kong, and has manufacturing facilities in Shanghai, Suzhou, Jiangxi and Huizhou, the People’s Republic of China (“PRC”), Japan and Mexico. The Group currently manufactures and supplies a wide variety of copper & optical fiber cable assemblies, digital cable products, medical products and servers which are produced to the specifications and designs of its individual customer partners. Its products are used by a number of established PRC and international customers in a variety of market sectors, including telecommunication, data centre, industrial equipment, medical equipment, automotive wire harness, digital cables and server.This press release is disseminated by Bright Communications International Limited on behalf of TIME Interconnect Technology Limited. Copyright 2024 ACN Newswire via SeaPRwire.com.

HO CHI MINH CITY, VIETNAM, Aug 30, 2024 - (ACN Newswire via SeaPRwire.com) - The much-anticipated Retail & E-Commerce Summit Asia (RESA) 2024 made history as it concluded its inaugural event in Vietnam, following its remarkable success across other countries in Southeast Asia. Held on August 22, 2024, at Mai House, Ho Chi Minh City, this landmark summit welcomed retail and e-commerce leaders seeking to capitalize on digital expansion.Attendees, including C-level executives, industry innovators, and emerging entrepreneurs, engaged in a day of transformative discussions and networking opportunities that set the stage for the future of digital retail growth.With the theme "Retail Revolution: Solidifying Growth Through Digital Expansion," the event offered unparalleled insights into the dynamic intersection of retail and technology in burgeoning markets such as Vietnam. Participants gained access to cutting-edge strategies and exclusive content aimed at navigating the complexities of today’s e-commerce landscape, ensuring they were left equipped with actionable knowledge and essential connections.On the valuable insights from the first-ever RESA Vietnam, it’s all about personalization for Le Huynh Phuong Thuc, Managing Director of Guardian Vietnam and one of the event speakers. “The more personalization that we can have, the more we understand about the customer and have the customized offers to the customers at the right timing, with the right value, with the right products.”With Vietnam's market experiencing robust growth, fueled by the potential of digital expansion and increasing foreign investment in retail and e-commerce, RESA offered a prime opportunity to enhance industry knowledge and network. The summit's unique format fostered a collaborative environment where industry leaders could exchange ideas and explore future opportunities.“Given this is the first time that you organized an event here, I say it's impressive,” Huyen Trinh-Thanh, Co-Founder and CGO of Piktina, and another speaker, noted of the event. “I enjoyed the quality of the discussions today. I've got to meet a lot of good people as well as C-suite or C-level people, all of the decision-makers are in the room. The discussions were thoughtful and insightful.”For more information, you can visit: https://rockbirdmedia.comAbout rockbird mediaRockbird media is an international business media company that produces B2B events and offers business solutions.Whether it is through online media and content, must-have business intelligence and analytics, effective networking, and partnering solutions, we help businesses and professionals learn more about the latest trends, and know more about their customers, peers, and competition, to make that decision that allows them to grow.Media contact:annjubelle@rockbirdmedia.com Copyright 2024 ACN Newswire via SeaPRwire.com.