HONG KONG, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Institute of Directors (“HKIoD”) welcomes(1) The Hong Kong Exchanges and Clearing Limited ("the Exchange")'s proposal to mandate directorship training for first-time directors and require all directors to undergo continuing professional development (“CPD”) training. To further uphold corporate governance standards and director professionalism, HKIoD thinks the Exchange can go further.Dr Christopher To, Chairman of HKIoD, said, “HKIoD welcomes the Exchange’s latest regular exercise to review and update the Corporate Governance Code and related Listing Rules. Although we do not agree with every element of the Exchange’s proposals, we certainly support the notion of making continuing professional development mandatory for all directors.”According to HKIoD, to make true the purpose and effect of continuing training, a board should have a suitable professional development policy for its directors. Continuing training is important for directors to keep up, but it must be distinguished from initial training. For those who do not have directorship training nor experience whatsoever, undergoing initial training on effective directorship and corporate governance is prudent. First-time directorship training should be a prerequisite prior to the director coming on board, however. “The Exchange should go further by encouraging individuals to have become ready for a board seat prior to appointment, rather than to start acquainting themselves with the demands of directorship post-appointment.” Dr To commented.Dr Carlye Tsui, CEO of HKIoD, supplemented, “We believe all company directors, when they first assume their posts, should have a firm grounding of the skills, knowledge and qualities required to meet the corporate governance demands of today. HKIoD long advocates the importance of corporate governance training, and we want to emphasise that proper initial training for first-time directors is one key aspect of the total quality of corporate governance training.”The Institute believes that attaining HKIoD Diploma level credential (or higher) should qualify as initial training now proposed for First-time Directors by the Exchange. The Institute also recommends transition course(s) for credentialed/experienced directors from other markets to help them become familiar with the Hong Kong market. HKIoD will gladly work with the Exchange to design and offer such programmes, and an accreditation regime for directorship training in Hong Kong.On proposals around time commitment and tenure of Independent Non-Executive Director (“INED”), Mr Henry Lai, Past Chairman of HKIoD and current Chairman of the Institute’s Corporate Governance Policies Committee, said, “The emphasis should be on whether the INED and the issuers involved have made an honest assessment as to the ability to devote sufficient time, not a broad-brush requirement on the director to limit the number of INED positions one may hold. Particularly, we do not agree with the Exchange’s proposal which only seeks to limit INED positions one may hold among Hong Kong issuers.” As to the question of how long is too long for an INED, Mr Lai added, “the answer ought to be ‘it depends’. It is the independence of mind that matters, not tenure.”The Exchange would also want issuers without an independent board chair to designate a Lead INED. Due to the many constraints and practical realities now exist in the Hong Kong market, HKIoD believes there are alternatives that can be more effective. “We do not tend to have majority INED in our market. The Lead INED will be chosen from a small group anyway. We should rather empower and encourage all INEDs to collectively perform, to bring the results that are sought under the Lead INED concept. Meetings with shareholders and stakeholders can be set up for all INEDs to take part. There can be an INED report section in the annual report,” Mr Lai commented. “Maybe we should encourage more issuers to have an independent board chair. An independent board chair working together with all the other INEDs can be more helpful,” Mr Lai continued.HKIoD has early on advocated the benefit of moving towards a majority INED, which can make INEDs collectively better able to perform their director roles. With INEDs comprising the majority, their active involvement in board matters becomes more necessary and their time commitment more valued. It should also allow much more room for meaningful rotation and refreshment through careful succession planning.Apart from the above, the Institute expressed support for many changes proposed by the Exchange including mandating board performance review, maintaining a board skills matrix, mandating the annual reviews of the effectiveness of the issuer’s risk management and internal control systems, disclosure of the issuer’s policy on payment of dividends and the board’s dividend decisions, and disclosures in respect of issuers’ modified auditors’ opinion. (1)The full response: HKIoD Response to HKEX ConsultationAbout The Hong Kong Institute of Directors (“HKIoD”)The Hong Kong Institute of Directors (“HKIoD”) is Hong Kong’s premier body representing directors working together to advance corporate sustainability in creating long-term value for companies, their owners, stakeholders, humankind and Planet Earth through advocacy and standards-setting in corporate governance and director professionalism. Led by Founder Chairman Dr The Hon Moses Cheng, HKIoD was founded in 1997. Throughout the years, HKIoD is honoured to have the Chief Executive of HKSAR as the Institute’s Patron. Membership of HKIoD comprises of directors from diverse industries and corporate types and includes Executive Directors, Non-Executive Directors and Independent Non-Executive Directors. With multi-culturalism and international perspectives, HKIoD organises activities that cover director training, seminars and forums, collective director voice, guideline establishment, public education, Award Series for Director Excellence, assessment of Corporate Governance Scorecard for listed companies etc. As a member body of the Global Network of Director Institutes (“GNDI”), HKIoD is committed to global collaboration in promoting good corporate governance and director professionalism. HKIoD is the appointed Host of the Hong Kong Chapter of Climate Governance Initiative, a global network that collaborates with the World Economic Forum in actively promoting directors’ address of the risks and opportunities of climate change.For details please visit: http://www.hkiod.com | http://www.gndi.org | https://climate-governance.org/Media Enquiries: Strategic Public Relations GroupBrenda Chan+852 2114 4396 / brenda.chan@sprg.com.hkThe Hong Kong Institute of DirectorsWing Wong+852 2889 1414 / wing.wong@hkiod.com– End – Copyright 2024 ACN Newswire via SeaPRwire.com.

SINGAPORE, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - TRST01, a sustainable tech company that helps businesses meet global sustainability rules while making their supply chains more transparent, trustworthy, and ethical, announces a groundbreaking Memorandum of Understanding (MoU) agreement with the Rubber Board of India to develop and implement a centralised compliance solution for the European Union Deforestation Regulation (EUDR). Through this strategic partnership, TRST01 becomes the first private entity in the world to enter into an MoU with a public entity for a one-stop compliance solution, setting a new standard in public-private partnerships.The MoU underscores the trust and confidence that the Rubber Board of India has in TRST01 as a key player in the sustainable technology space. While other entites have entered into contract-based agreements, this MoU represents a deeper, more integrated collaboration that is poised to revolutionise compliance processes for the Indian rubber industry.TRST01 and the Rubber Board of India will collaborate on geo-mapping rubber-growing land plots to ensure deforestation-free sourcing and responsible practices. This partnership will also develop a Centralized Database to enhance traceability, risk assessment, and compliance with European Union Deforestation Regulations (EUDR) in the rubber industry, with TRST01 as the technology partner. Ultimately, the MoU will help strengthen India's regulatory framework and position India as a global leader in sustainable rubber production.Speaking on the strategic agreement with TRST01, Mr. M. Vasanthagesan IRS, CEO and Executive Director of The Rubber Board, said, "This collaboration with TRST01 is a testament to our dedication to supporting the rubber sector. The initiatives outlined in this MoU will facilitate the exporters to comply with EUDR and make Indian rubber growers globally competitive and get wider opportunities for their produce.""This joint venture is a testament to our commitment to driving sustainability and compliance in the rubber industry," remarked Prabir Mishra, CEO and founder of TRST01. "It is a great honour to partner with the Rubber Board of India as this initiative can serve as a model for other industries and regions.For TRST01, the MoU will demonstrate how public-private partnerships can drive innovation in sustainability. The collaboration represents a shared vision for a sustainable future. It will significantly benefit Indian rubber producers, highlighting how TRST01 can help producers achieve global compliance standards in sustainability.About TRST01TRST01 provides cutting-edge technology solutions that ensure supply chain traceability, accurate ESG reporting, digital measurement of sustainability impacts, and the secure management of carbon credits. TRST01 stands out for its simplicity, adaptability, and focus on creating tangible impacts on sustainability, making it accessible and effective for many users, from smallholder farmers to multinational corporations. It is also at the forefront of the regenerative finance movement, creating financial tools that promote practices that restore rather than deplete the earth's resources.TRST01's approach fundamentally transforms how businesses view sustainability by creating a direct and tangible impact on People, Planet, and Profitability. Our innovations are not just about compliance; they make a sustainable ecosystem where every participant benefits. Visit trst01.com to learn more.About Rubber Board IndiaThe Rubber Board of India, headquartered in Kottayam, Kerala, is a statutory body under the Ministry of Commerce and Industry, Government of India. Established in 1947, it plays a pivotal role in the development of the rubber industry in India. The Board's responsibilities encompass research, development, and extension activities related to natural rubber cultivation, production, and processing. It also regulates the marketing of rubber and ensures fair prices for both growers and consumers. Through its various initiatives, the Rubber Board strives to enhance the productivity and sustainability of the rubber industry in India, thereby contributing to the economic growth of the country.Media Contact:Sheree TanSenior AssociatePINPOINT PR Pte. Ltd.sheree@pinpointpr.sg | pinpointpr.sgSG: +65 8313 9472Hakim IshakAssociatePINPOINT PR Pte. Ltd.hakim@pinpointpr.global | pinpointpr.sgSG: +65 8949 3040 Copyright 2024 ACN Newswire via SeaPRwire.com.

香港, 2024年8月28日 - (亚太商讯 via SeaPRwire.com) — 香港董事学会就香港交易及结算所有限公司（「香港交易所」）建议要求首次担任董事的人士接受专业培训，并要求所有董事接受持续专业进修的举措表示欢迎(1)。香港董事学会认为香港交易所可以在董事培训方面再做多一点，以进一步维护企业管治标准和董事专业水平。香港董事学会主席陶荣博士表示：「香港董事学会对香港交易所这一次就《企业管治守则》及相关《上市规则》的定期检讨及更新深表认同。香港董事学会虽然并不是对香港交易所建议的每项内容都表示同意，但我们支持要求所有现有董事接受持续专业进修的观点。」香港董事学会认为，董事会必须为其董事们制定合适的专业培训政策方可实现持续专业进修的目的和绩效。持续专业进修对于董事而言极之重要，大家亦要清楚它与首次培训是分䦕的。对于从未接受专业董事培训或任何经验的人士，接受董事及企业管治的初步专业培训极其关键。董事的首次专业培训是董事上任前的先决条件，陶荣博士因此认为：「交易所应该鼓励有关人士在任命前就应该为加入董事会做好准备，而不是在任命后才开始熟习董事职位的要求。」香港董事学会行政总裁徐尉玲博士补充：「我们相信当公司董事首次上任，都应具备能符合当今企业治理需求所需的技能、知识和素质的坚实基础。香港董事学会一直倡导企业管治的专业培训的重要性，我们想强调的是，为首次担任董事人士提供适当的初步专业培训是为整体企业管治专业进修奠定关键基础。」香港董事学会认为，获得香港董事学会文凭级别证书（或更高级别）便符合香港交易所目前为新任董事建议的初步专业培训资格。香港董事学会亦为来自其他市场的合资格/有经验的董事推荐过渡课程，以帮助他们熟悉香港市场。香港董事学会乐意与交易所合作，设计及提供此类课程，以及在香港设立董事专业培训的资历认证制度。关于独立非执行董事时间投入和任期的建议，香港董事学会前任主席及学会企业管治政策委员会现任主席赖显荣律师认为：「重点应放在董事和相关发行人是否对投入足够时间的能力进行诚实的评估，而不是笼统地限制董事出任独立非执董的数目。我们尤其不同意香港交易所建议只限制出任香港发行人独立非执董职位的数目。另外，对于独立非执行董事的职责，多长时间才算太长的问题，答案应该是『视情况而定』，因为独立思维比任期长短更重要。」香港交易所亦希望没有独立董事会主席的发行人需指定一名首席独立非执行董事。惟由于香港市场目前存在许多限制，以及出于现实情况的考量，香港董事学会相信应该有更有效的建议。赖显荣律师称：「如今市场情况并不倾向于让独立非执董占多数。况且首席独立非执董毕竟是由小众人士所选。相反，我们应该授权并鼓励所有独立非执董共同履行职责，以实现设置首席独立非执董所希望达成的目标。另外，所有独立非执董均可安排与股东及持份者会面，年报内也可增设独立非执董的报告。」赖显荣律师续称：「我们也许应该鼓励更多的发行人设立独立的董事会主席。独立董事会主席与所有其他独立非执行董事携手合作无疑更有效率。」香港董事学会数年前已提倡增加独立非执行董事的人数以全力履行其角色。当独立非执行董事的占比增大，他们参与董事会事务的积极性和时间投入将获得大大提升。通过周详的继任计划，也能使职位更替和更新变得更有意义。除上述内容外，香港董事学会对香港交易所提出的多项改革表示支持，包括要求董事会进行绩效评估、建立及更新董事会技能列表、要求每年检讨发行人风险管理及内部监控系统的有效性、披露发行人的股息支付政策及董事会的派息决定，以及披露发行人经修改的核数师意见。(1)香港董事学会的回应全文: HKIoD Response to HKEX Consultation香港董事学会（简称“HKIoD”，又以下简称「学会」）香港董事学会为香港代表董事共同努力的首要组织，其宗旨是促进企业永续发展职能，为所有公司、其拥有者、持份者、人类以至地球创造持久价值；为达成使命，学会致力于企业管治（「企业管治」又称「公司治理」）及董事专业行为上的倡导及厘定相关标准。学会于1997年由创会主席郑慕智博士带领下创始，多年来非常荣幸获得香港特别行政区行政长官担任学会赞助人。学会会员来自不同行业及公司类别，并包括执行董事、非执行董事、独立非执行董事。学会以多元文化及国际视野进行会务，举办活动包括董事培训课程、研讨会与论坛、董事立场喉舌、指引设定、公众教育、董事嘉奖系列、上市公司管治水平厘定等。作为「董事学会环球网络」（Global Network of Director Institutes 简称“GNDI”)的成员组织，学会投入全球性联手推动优秀企业管治及董事专业行为。学会亦获委派代办「气候管治行动」(Climate Governance Initiative)之香港分部，该行动是与「世界经济论坛」（World Economic Forum）合作的环球网络，积极促进董事们处理气候变化带来的风险与机遇。详情请浏览：http://www.hkiod.com | http://www.gndi.org | https://climate-governance.org/新闻垂询: 纵横公共关系顾问集团有限公司陈 练+852 2114 4396 / brenda.chan@sprg.com.hk香港董事学会王俊泳+852 2889 1414/ wing.wong@hkiod.com Copyright 2024 亚太商讯 via SeaPRwire.com.

SYDNEY, AU, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - Cisgenics, a pioneer of world-class sustainable irrigation solutions, has entered the Australian market, introducing their next-generation irrigation solutions which hold the potential to shape the future of water management in Australia. The company is opening its first office in Adelaide and undertaken a number of significant projects including a world-class sporting venue and various projects for the City of West Torrens in South Australia. These projects address urban green space management and water optimisation to maintain lush, inviting landscapes while adhering to strict water conservation mandates.Australia faces pressing challenges such as water overconsumption, frequent droughts, and the resulting heightened risk of fires, all of which threaten the sustainability of agricultural practices, urban green spaces, and notable landmarks. Cisgenic’s flagship solution, CisgenX, derived from over 45 years of experience in irrigation experience across more than 1,000 projects, can help overcome some of these issues. A proven solution, CisgenX will be deployed at some of the world’s most recognisable and photographed locations including, Bay East Gardens, and the Founders Memorial at Singapore's Gardens by the Bay, along with the Nad Al Sheba Road in the UAE."We see a significant market for CisgenX in Australia, where water conservation and droughts are critical concerns,” says Sam Rebera, Managing Director of Cisgenics. "To help local businesses and communities meet their sustainability goals, we are striving to earn the Smart Approved Watermark, which we believe will establish CisgenX as Australia’s leading sustainable irrigation solution. To support this goal and manage the projects we've secured, we are in the process of opening an office in Adelaide."Cisgenics designs solutions to meet the unique needs of various industries, from golf courses and landscapes to agribusiness. Their precision irrigation systems enhance turf health, create water-efficient green spaces in both urban and rural areas, and boost crop yields. CisgenX, utilises advanced IoT (Internet of Things) technology and machine learning algorithms to optimise water, fertiliser, and energy use. This state-of-the-art solution helps optimise water usage and manage plant health.The integration of technologies in the CisgenX solution enables precision irrigation, where machine learning algorithms will work alongside weather data to predict water needs with pinpoint accuracy, significantly reducing water waste. The platform’s advanced sensors and real-time monitoring optimise resource use, saving money, conserving water, and ensuring plant health. Internal studies have shown that CisgenX can cut water consumption by up to 40%, and in some cases, by as much as 70% on traditional methods of irrigation. These significant reductions help clients meet their ESG goals while providing real-time data through IoT sensors that monitor soil moisture and other critical factors."Through our advanced irrigation solutions, we are not only addressing immediate concerns like water scarcity and fire risk but also contributing to a sustainable future for Australia," added Rebera. "Our goal is to support the country’s efforts to manage its natural resources responsibly while ensuring that essential green spaces thrive.”Cisgenics will be showcasing these products and more at the upcoming Irrigation Conference 2024 in Sydney from 2-4 September. Attendees are invited to visit Booth 88 to learn how their solutions can transform irrigation practices in Australia and beyond.About CisgenicsCisgenics is dedicated to revolutionising the irrigation industry through innovative, AI-powered solutions that optimise water and energy use, promote sustainability, and ensure the health and longevity of green assets worldwide. With more than 45 years of experience, Cisgenics combines deep industry knowledge with the latest technological advancements to offer precision, efficiency, and sustainability in water management. Visit cisgenics.com for more information.For more information, please contact:Illka GobiusManaging DirectorPINPOINT PR Pte. Ltd.Email: illka@pinpointpr.globalPhone: (AU) 0429 396 275 or (SG) +65 9769 8370 Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - Black Spade Acquisition II Co (the “Company”), a special purpose acquisition company (“SPAC”) sponsored by an affiliate of Black Spade Capital Limited, announced today the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit. The units are expected to be listed for trading on The Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “BSIIU” on August 28, 2024.Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected be listed on Nasdaq under the ticker symbols “BSII” and “BSIIW”, respectively. The offering is expected to close on August 29, 2024, subject to customary closing conditions.The Company’s management team is led by Dennis Tam, Executive Chairman & Co-CEO, Kester Ng, Co-CEO & CFO and Richard Taylor, Co-CEO & COO, each of who served as executive director of or advisor to Black Spade Acquisition Co (“BSAQ”), a SPAC also sponsored by an affiliate of Black Spade Capital Limited. BSAQ completed its $169 million initial public offering in August 2021. In August 2023, BSAQ completed a $23 billion business combination with VinFast, a leading Vietnamese automaker and the first Vietnamese business to list in the U.S. by way of a business combination. Clear Street and Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, are acting as joint book-running managers. Latham & Watkins LLP is serving as legal counsel to the Company. Loeb & Loeb LLP is serving as legal counsel to the underwriters.The public offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Clear Street, Attn: Syndicate Department, 150 Greenwich Street, 45th floor, New York, NY 10007, by email at ecm@clearstreet.io, or from the SEC website at www.sec.gov.A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on August 23, 2024. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.(from the left) Kester Ng, Co-CEO and CFO, Dennis Tam, Chairman and Co-CEO,Richard Taylor, Co-CEO and COO– End –About Black Spade Acquisition II CoBlack Spade Acquisition II Co is the second SPAC of its founder, Black Spade Capital and its management team incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. While the Company may pursue an acquisition or a business combination with a target in any business or industry, it believes that the entertainment, lifestyle and technology industries, particularly those that are major beneficiaries of artificial intelligence (“AI”), provide ample business combination opportunities.Forward-Looking StatementsThis press release contains statements that constitute "forward-looking statements," including with respect to the proposed initial public offering, the anticipated use of the net proceeds, and the search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated.Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the Company's initial public offering filed with the SEC. Copies of these documents are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.Investor Contact:IR@blackspadeacquisitionii.comMedia Enquiries:Strategic Financial Relations Limited Vicky LeeTel: +852 2864 4834Email: vicky.lee@sprg.com.hkLilia YangTel: +852 2864 4833Email: lilia.yang@sprg.com.hkWebsite: www.sprg.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.

MANAMA, Bahrain, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - Bahrain is gearing up for its second edition of Fintech Forward, which will be programmed by Economist Impact, hosted by Bahrain Economic Development Board (Bahrain EDB) and supported by the Central Bank of Bahrain (CBB) and Bahrain FinTech Bay (BFB). The flagship installment of 2024's Transformation Agenda series will take place on October 2nd and October 3rd, 2024, at Exhibition World Bahrain.Featuring a series of panel discussions, the two-day event will unite global fintech experts with financial institutions, governments, and regulators to tackle trending topics across generative AI, blockchain technologies, cybercrime, open banking, evolving consumer behaviour, the impact of new regulations, as well as best practices in prioritising sustainable financial initiatives. Against a backdrop of these insightful discussions that will deliberate on the evolving advancements and imminent challenges facing the global financial services industry, Fintech Forward will serve as a platform for both strategic collaboration and networking with leading players across the region and beyond.As a singular financial regulator, the CBB has consistently enhanced the competitiveness of Bahrain's financial services sector, supporting the national transition to a digital economy by pioneering new regulatory frameworks and legislation, all while introducing innovative platforms in the likes of the Regulatory Sandbox. Year after year, Bahrain EDB has continued to attract investments into focused sectors in line with national priorities, fostering ongoing discussions with the private and public sectors to create a business-friendly environment backed by progressive legislation. Further driven by a thriving financial services ecosystem that comprises a balanced portfolio of leading international conventional banking institutions alongside new financial players, including crypto asset service providers, digital payment providers, and highly-specialised firms; Bahrain has earned a reputation as a leading hub of fintech in the Middle East and North Africa region.Following the successful inaugural event last year, which secured attendees from across the world, Fintech Forward has cemented itself as a platform for innovative leaders to share experiences, collaborate on learnings, and connect with their peers. Showcasing Bahrain's phenomenal progress in digital transformation, expanding its fintech space, and success in developing a highly skilled talent pool to further fuel the growth of a booming industry, this year's flagship event is expected to be yet another resounding achievement.More information on Fintech Forward 2024, which will be programmed by Economist Impact and hosted by Bahrain EDB, can be found on https://events.economist.com/fintechforward/.For more information, please contact:Abdulelah AbdullaCommunications DepartmentEconomic Development BoardPhone: +973-39798919E-mail: internationalmedia@bahrainedb.comAbout Bahrain Economic Development Board (Bahrain EDB)The Bahrain EDB is an investment promotion agency with the overall responsibility of attracting investment into the Kingdom and supporting initiatives that enhance the investment climate.The Bahrain EDB works with the government and both current and prospective investors, to ensure that Bahrain's investment climate is attractive, to communicate the key strengths, and to identify where opportunities exist for further economic growth through investment.The Bahrain EDB focuses on several economic sectors that capitalise on Bahrain's competitive advantages and provide significant investment opportunities. These sectors include financial services, manufacturing, logistics, ICT, and tourism.For more information on the Bahrain EDB visit www.bahrainedb.comBahrain FinTech BayBahrain FinTech Bay (BFB) provides a physical hub to incubate insightful, scalable and impactful FinTech initiatives through innovation labs, acceleration programs, curated activities, educational opportunities and collaborative platforms. BFB partners with governmental bodies, financial institutions, corporates, consultancy firms, universities, associations, media agencies, venture capital and FinTech startups to bring the full spectrum of financial market participants and stakeholders together.SOURCE: Bahrain Economic Development Board Copyright 2024 ACN Newswire via SeaPRwire.com.

巴林麦纳麦, 2024年8月28日 - (亚太商讯 via SeaPRwire.com) - 巴林正在为第二届“金融科技前沿”大会做准备，该大会将由《经济学人》影响力机构策划，巴林经济发展委员会（Bahrain EDB）主办，并得到巴林中央银行（CBB）和巴林金融科技湾（BFB）的支持。2024年转型议程系列的旗舰活动将于2024年10月2日和10月3日在巴林展览世界举行。本次为期两天的活动将包括一系列的专家讨论，汇聚全球金融科技专家、金融机构、政府和监管机构，共同探讨生成式人工智能、区块链技术、网络犯罪、开放银行、消费者行为变化、新法规的影响以及优先考虑可持续金融倡议的最佳实践等热门话题。在这些深入讨论的背景下，会议将审议全球金融服务行业面临的不断进展和迫切挑战。金融科技前沿大会将成为战略合作和与区域及全球领先玩家进行网络交流的平台。作为唯一的金融监管机构，巴林中央银行（CBB）一直致力于提升巴林金融服务部门的竞争力，通过开创新的监管框架和立法来支持国家向数字经济的转型，同时引入了创新平台，如监管沙箱。多年来，巴林经济发展委员会（Bahrain EDB）不断吸引符合国家优先事项的投资，推动与私营部门和公共部门的持续讨论，以创造一个由进步立法支持的商业友好环境。再加上一个繁荣的金融服务生态系统，该系统包括领先的国际传统银行机构与新的金融参与者，如加密资产服务提供商、数字支付提供商和高度专业化的公司；巴林已经赢得了中东和北非地区金融科技中心的声誉。继去年成功举办首届大会并吸引了来自全球的与会者之后，“金融科技前沿”大会已巩固了作为创新领导者分享经验、合作学习和与同行联系的平台。展示了巴林在数字化转型、扩大金融科技领域以及成功培养高度专业人才方面的显著进展，进一步推动了蓬勃发展的行业，今年的旗舰活动预计将再创辉煌成就。关于由《经济学人》影响力机构策划、巴林经济发展委员会主办的2024年“金融科技前沿”大会的更多信息，请访问 https://events.economist.com/fintechforward/ 。欲了解更多信息，请联系：Abdulelah AbdullaCommunications DepartmentEconomic Development BoardPhone: +973-39798919E-mail: internationalmedia@bahrainedb.com关于巴林经济发展委员会（Bahrain EDB）巴林经济发展委员会（Bahrain EDB）是一个投资促进机构，负责吸引投资进入王国，并支持提升投资环境的各项举措。巴林经济发展委员会与政府以及现有和潜在的投资者合作，确保巴林的投资环境具有吸引力，传达关键优势，并识别通过投资实现进一步经济增长的机会。巴林经济发展委员会关注多个经济领域，这些领域利用巴林的竞争优势并提供显著的投资机会。这些领域包括金融服务、制造业、物流、信息与通信技术（ICT）和旅游业。有关巴林经济发展委员会的更多信息，请访问 www.bahrainedb.com。巴林金融科技湾（BFB）巴林金融科技湾（BFB）提供一个实体中心，通过创新实验室、加速计划、策划活动、教育机会和合作平台，孵化具有洞察力、可扩展性和影响力的金融科技项目。BFB 与政府机构、金融机构、企业、咨询公司、大学、协会、媒体机构、风险投资和金融科技初创公司合作，将金融市场的所有参与者和利益相关者汇聚在一起。来源: Bahrain Economic Development Board Copyright 2024 亚太商讯 via SeaPRwire.com.

MALAYSIA, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - MClean Technologies Berhad ("MClean Technologies" or the "Company"), an established provider of precision cleaning and surface treatment solutions, is pleased to announce its financial results for the second quarter ended 30 June 2024 (“Q2 FY2024”). The Company has recorded its second consecutive profitable quarter in the financial year ending 31 December 2024 (“FY2024”), marking a significant turnaround in its financial performance.Datuk Dr. Terence Tea Yeok Kian, the Executive Chairman and Managing Director of MClean Technologies BerhadFor Q2 FY2024, MClean Technologies reported revenue of RM15.5 million, a 30% increase compared to RM12.0 million in the same quarter last year (“Q2 FY2023”). This increase in revenue is largely attributed to stronger demand for the Company’s precision cleaning and surface treatment services. Notably, the Company achieved a profit before tax (“PBT”) of RM1.0 million, a substantial improvement from the loss before tax of RM1.1 million in Q2 FY2023, due to higher revenue in the current quarter and the successful implementation of cost management initiatives.Comparing to the immediate preceding quarter (“Q1 FY2024”), MClean Technologies recorded an 18% growth in revenue from RM13.1 million to RM15.5 million, driven primarily by increased demand for its precision cleaning services. In tandem with this revenue growth, the PBT of the Company surged by 177% in Q2 FY2024, compared to RM0.4 million PBT in Q1 FY2024.For the first six months of FY2024 (“6M FY2024”), MClean Technologies reported revenue of RM28.7 million, a 19% increase compared to RM24.0 million in the same period last year (“6M FY2023”), primarily due to stronger demand for precision cleaning and surface treatment services. The Company’s PBT for 6M FY2024 stood at RM1.3 million, marking a remarkable turnaround from the loss before tax of RM2.2 million in the corresponding period of FY2023. This growth underscores the consistent demand for MClean’s services, particularly in the Hard Disk Drive (HDD) and consumer electronics sectors.With the entry of the new substantial shareholder, Accrelist Crowdfunding Pte. Ltd., a wholly-owned subsidiary of Accrelist Ltd. (“Accrelist”), on 2 July 2024, which currently holds 28.5% stake in MClean Technologies, MClean Technologies aims to leverage on the strategic partnership opportunity that is presented by Accrelist’s extensive expertise in business transformation and growth.Accrelist, listed on the Catalist Board of the Singapore Exchange, is a diversified group with interests in medical aesthetics and injection moulding services, held through its subsidiary, Jubilee Industries Holdings Ltd, which is also listed on the Catalist. With the entry of this new shareholder, MClean Technologies is exploring various synergistic strategies to increase market share, expand customer and sector opportunities, and deepen cost-efficiency efforts through enhanced expertise and talent resource utilisation.Datuk Dr. Terence Tea Yeok Kian, Executive Chairman and Executive Director of MClean Technologies said, “We are very pleased with our performance in the second quarter of 2024, which marks our second consecutive profitable quarter in the current financial year. The strong financial results reflect the hard work and dedication of our team, as well as the strategic decisions we have made to enhance operational efficiency. The successful turnaround of the company demonstrates our commitment to building sustainable growth and profitability. Our focus remains on sustaining this positive momentum and achieving long-term profitability. We are particularly encouraged by the growth in demand for our HDD solutions in Malaysia and Thailand, and we will continue to leverage our strengths to deliver value to our shareholders.”Looking ahead, MClean is dedicated to maintaining its positive momentum and focusing on long-term profitability. The management team is confident that the Company's strategic initiatives, combined with ongoing cost management efforts, will position MClean for continued success in the quarters to come.As of 27 August 2024, the share price of MClean Technologies had closed at RM0.29 as at 5:00 P.M., representing a market capitalisation of RM57.2 million.This press release should be read in conjunction with the full text of the announcement released by MClean Technologies on 27 August 2024 in relation to its interim financial statements for the quarter and six months ended 30 June 2024 which is available on the Bursa website.ABOUT MCLEAN TECHNOLOGIES BERHADMClean Technologies Berhad, is a leading provider of surface treatment, precision cleaning, and packaging services. The Company serves a diverse range of industries, including Hard Disk Drive, Consumer Electronics, and Oil & Gas. With operations in Malaysia, Singapore, and Thailand, MClean is committed to delivering high-quality and reliable services to its clients. For more information, visit http://www.mclean.com.sg/.For more information, please contact:Jazzmin WanTel: +60 17-289 4110Email: j.wan@swanconsultancy.bizStephanie ChowTel: +60 18-314 3933Email: s.chow@swanconsultancy.biz Copyright 2024 ACN Newswire via SeaPRwire.com.

香港, 2024年8月28日 - (亚太商讯 via SeaPRwire.com) — 由黑桃资本有限公司（「黑桃资本」）之附属公司发起的特殊目的收购公司（「SPAC」）Black Spade Acquisition II Co（「本公司」），今天宣布其首次公开发行的15,000,000 单位价格为每单位10.00 美元。这些单位预计将于 2024 年 8 月 28 日在纳斯达克股票市场有限责任公司（「纳斯达克」）上市交易，股票代号为「BSIIU」。每个单位由一股A 类普通股和三分之一的可赎回认股权证组成。受限于若干调整，每一完整认股权证均可以每股11.50 美元的行使价格购买一股A 类普通股。单位分拆后不会发行零碎认股权证，只有完整认股权证方可进行交易。当构成这些单位的证券开始单独交易时，A类普通股和认股权证预计将在纳斯达克上市，股票代号分别为「BSII」和「BSIIW」。根据惯例交易条件，此次发行预计将于 2024 年 8 月 29 日完成。本公司的管理团队由执行主席兼联席行政总裁谭志伟先生、联席行政总裁兼首席财务官吴绳祖先生以及联席行政总裁兼首席营运官Richard Taylor先生带领。彼等各曾担任Black Spade Acquisition Co（「 BSAQ」） 的执行董事或顾问。BSAQ亦是一家由黑桃资本之附属公司发起的特殊目的收购公司。该公司于2021年8月完成了1.69 亿美元的首次公开发行。于2023年8月，BSAQ与越南领先汽车制造商VinFast完成了价值230亿美元的企业合并。VinFast是第一家透过企业合并方式在美国上市的越南企业。Clear Street 和 Cohen & Company Capital Markets （J.V.B. Financial Group, LLC的分部）担任该交易的联合账簿管理人。 Latham & Watkins LLP 担任本公司的法律顾问。 Loeb & Loeb LLP 担任承销商的法律顾问。此次公开发行仅透过招股章程方式进行。招股章程副本可向 Clear Street（收件人：Syndicate Department, 150 Greenwich Street, 45th Floor, New York, NY 10007，或透过电子邮件 ecm@clearstreet.io） 或从 SEC 网站 www.sec.gov 取得。与证券相关的登记声明已向美国证券交易委员会（「SEC」）提交，并于 2024 年 8 月 23日生效。本新闻稿不构成出售要约或购买要约邀请。如根据任何州份或司法管辖区的证券法，在注册或取得资格之前此类要约、邀请或出售属于非法行为，也不得在该州或司法管辖区出售这些证券(左起)联席行政总裁兼首席财务官吴绳祖先生、执行主席兼联席行政总裁谭志伟先生、联席行政总裁兼首席营运官Richard Taylor先生– 完 –关于 Black Spade Acquisition II CoBlack Spade Acquisition II Co 是其创办人黑桃资本及其管理团队成立的第二个SPAC，旨在与一项或多项业务或资产进行合并、股份交换、资产收购、股份购买、重组或类似业务合并。虽然本公司可能会与任何业务或行业的目标进行收购或业务合并，但它相信娱乐、生活时尚和科技行业，特别是那些主要受惠于人工智能（「AI」）的行业，提供了充足的业务合并机会。Forward-Looking StatementsThis press release contains statements that constitute "forward-looking statements," including with respect to the proposed initial public offering, the anticipated use of the net proceeds, and the search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated.Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the Company's initial public offering filed with the SEC. Copies of these documents are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.投资者关系查询：IR@blackspadeacquisitionii.com传媒垂询：纵横财经公关顾问有限公司 李惠儿电话：+852 2864 4834电邮：vicky.lee@sprg.com.hk杨丽明电话：+852 2864 4833电邮：lilia.yang@sprg.com.hk网址：www.sprg.com.hk Copyright 2024 亚太商讯 via SeaPRwire.com.

HONG KONG, Aug 27, 2024 - (ACN Newswire via SeaPRwire.com) - On August 22, AAC Technologies (02018.HK) held its 2024 interim results presentation in Hong Kong, delivering remarkably impressive performance.According to the Interim Report, in the first half of 2024, AAC Technologies achieved a revenue of RMB 11.25 billion, hitting a new high since its listing, with a year-on-year revenue growth of 22.0% and a gross profit margin of 21.5%, up by 7.4 percentage points year-on-year. The net profit amounted to RMB 537 million, representing a significant increase of 257.3% year-on-year. Notably, PSS, which was announced to acquire last year, contributed a consolidated revenue of approximately RMB 1.5 billion in the first half of the year, with a gross profit margin of approximately 25.0%.During the interview, Ms. Guo Dan, the CFO of AAC Technologies stated that in the first half of 2024, all business segments of AAC Technologies made positive progress, significantly enhancing profitability and maintaining a continuous growth in gross profit margin. More importantly, the performance of the interim results indicated the potential growth value brought by the Company’s strategic transformation. It is expected that the operating revenue of the Group (excluding PSS) for the year will increase by 15% compared to last year. Additionally, the consolidation of PSS is expected to contribute approximately RMB 3 billion. Overall, the total revenue of the Group for 2024 is projected to grow by over 30% year-on-year, with a gross profit margin in the range of 22% to 25%.Benefitting from the surge in AI smartphone upgrades in the next 1-2 yearsAt the interim results presentation, AI smartphones took center stage as a key topic. Guo Dan believes that AI smartphones are still in the early stages, with software-driven enhancements propelling hardware upgrades. There has already been a trend of increased shipments and overall improvement in ASP for product categories such as acoustics, mechanics and microphones. Looking ahead, with the further development of AI smartphones and functionalities, hardware component is expected to continue to advance in the coming years.“AI smartphones have great potential for innovation. In the next 1-2 years, we will see some changes, with an acceleration of changes in the 3-5 year period, bringing us many opportunities and driving multiple product lines,” Guo Dan stated. She cited examples such as new trends in hardware like foldable and ultra-thin form factors, and the Company's unique innovative speakers, and Combo (two-in-one product, which integrates a speaker and an actuator) can better meet market demands.Moreover, AI smartphones have higher power consumption and require better heat dissipation solutions. AAC Technologies has industry-leading advantages from material sourcing to lean manufacturing processes and simulation design. Additionally, as the demand for human-machine interaction in AI smartphones increases, requiring more precise voice commands and functionalities, this will further drive the Company’s MEMS microphone upgrades, boosting prices and profit margins.The Group’s overall gross profit margin is expected to increase to 22%-25% for FY2024Guo Dan revealed that with the seasonal impact of more new product releases in the second half of the year, performance is expected to be stronger than the first half. It is anticipated that the full-year business performance (excluding PSS) will achieve a growth of over 15% compared to last year. With PSS contributing approximately RMB 3 billion, the Group’s revenue in 2024 is projected to grow by over 30% year-on-year, with the comprehensive gross profit margin increasing from 21.5% in the first half of the year to a range of 22%-25%.“Since the second half of last year, the entire industry has entered a healthy trend of increasing specifications and configurations. The Company has seen improvements in ASP and overall profit margins in areas such as acoustics, optics, and mechanics,” Guo Dan stated. Particularly in the automotive sector, there will be a steady growth trend in the medium to long term. "It can be said that AAC is now a company with multiple growth drivers and solutions across various platforms. As we forecast the overall growth for the next few years, we maintain a positive outlook.”The acoustics business is expected to exceed a scale of RMB 10 billion and build a comprehensive user experience across all scenariosGuo Dan mentioned that the gross profit margin of AAC Technologies’ acoustics business has resumed to a healthy growth trajectory. The gross profit margin in the first half of the year was 29.9%, and it is expected to rise to over 30% for the full year.“At the interim results presentation, the Company’s management also discussed how AAC Technologies, originally a micro-acoustic supplier for consumer electronics, has further established industry standards for a comprehensive user experience across all scenarios through the acquisition of PSS. Acoustic solutions will be a key driver for the next phase of growth in the acoustics business. In terms of scale, the acoustics business is the Company’s first to exceed a revenue scale of over RMB 10 billion, and in the next five years, we can expect this important business line with a revenue scale of RMB 20 billion and a sustainable gross profit margin of over 30%.”Definite progress in the WLG projects of multiple key customersIn terms of the optics business, Guo Dan believes that the optics market has transitioned from a relatively competitive state a few years ago to a period of healthy development.The gross profit margin for optics in the first half of the year was approximately 5%, with plastic lens gross profit margin at 16-17%. Shipments of 6P and higher specification lenses accounted for 15%-16% of total shipments, with expectations of reaching 15-20% in the second half of the year. “In terms of value, it has already surpassed 30% or even 35%, which reflects our technical capabilities, customer coverage, and recognition.”Guo Dan disclosed that AAC Technologies’ gross profit for optics will further improve in the second half of the year. “It is foreseeable that the profit for a single quarter will turn positive, with a high probability of occurring in the fourth quarter. Overall profitability will see significant improvement compared to last year, with continued steady growth in the future.”“Especially with G+P glass-plastic hybrid lenses and WLG lens products, there have been definite advancements in major projects with several key customers,” Guo Dan stated. The industry now widely acknowledges that G+P glass-plastic hybrid lenses are indeed a superior solution. The Company’s unique WLG technology finds applications in areas such as smartphones and automotive, creating value across multiple domains. “Next year, G+P glass-plastic lenses and WLG single lenses will gradually become one of the most crucial technologies and value supports in the entire optics business, with many deliveries to customers aligning with our expectations for WLG technology investments.”The interim results performance reflects the Company’s long-term growth value“Looking at the first half of this year, the electromagnetic actuators and haptic business have already reached a gross profit margin of approximately 30% with the optimization and upgrade of product portfolios on the Android side, and this healthy level is expected to be sustained in the future,” Guo Dan stated. With the boost from the development of new products like actuators and drives, this sector is poised to return to a high-growth trajectory.“At the interim results presentation, the Company's management also mentioned that in the heat dissipation segment, AAC Technologies achieved a business scale of RMB 150 million in the first half of the year, with a gross profit margin of over 30%. With the development of AI-enabled applications, the scale is expected to exceed RMB 1 billion in the future. When combined with precision mechanics, the overall scale could reach RMB 5 billion and potentially even surpass RMB 10 billion in the long term.”“Additionally, the overall gross profit for the sensor and semiconductor business will continue to increase in the second half of the year,” Guo Dan mentioned. Over the next two to three years, driven by factors such as the value enhancement brought by AI smartphones, the advantages brought by the Company’s resource platform, and the increase in self-developed product penetration rates, the sensor and semiconductor business is expected to experience rapid development.Guo Dan concluded, “At the interim results presentation, the management also pointed out that this performance has shown investors that AAC has achieved revenue growth, as well as gross and net profit improvements through strategic transformation at the current stage. However, more importantly, the interim results implied the long-term growth value of each major business line, and we encourage everyone to focus on the certainty of sustained long-term growth.” Copyright 2024 ACN Newswire via SeaPRwire.com.

HONG KONG, Aug 27, 2024 - (ACN Newswire via SeaPRwire.com) - VCREDIT Holdings Limited ("VCREDIT" or the "Group"; stock code: 2003.HK), a leading independent online consumer finance provider in China, announced its unaudited interim results for the 6 months ended 30 June 2024 (the "Period").In the first half of 2024, faced with a continuously sluggish macroeconomic condition and weakened consumption and credit demand, the Group promptly adjusted its operating strategies by tightening risk control to mitigate borrower credit risk and asset quality depreciation, while also implemented cost control measures to improve operational efficiency. Loan origination volume in the Period recorded RMB 27.02 billion.During the Period, to enhance risk control, the Group utilised new data sources to upgrade through iterations its risk model, and also adjusted its credit line policies to lower the average risk exposure at the customer level. By applying a more comprehensive dimensions for assessing borrower characteristics, the Group improved the quality of its approval process. These updates have enabled the Group’s ongoing targeting of higher-quality borrowers in terms of assets, achieving a balance between short-term risk and long-term returns.Launching the ‘Sunbird AI Hub’ AI large model, investing in technology to enhance operational efficiencyArtificial intelligence (AI) technology is developing rapidly, and the Group is actively investing in research and development in this area, and thus applied AI in its business technology to improve operational efficiency. In the first half of 2024, the Group officially has launched the its AI large model ‘Sunbird AI Hub’, and deployed it across several aspects of business. ‘Sunbird AI Hub’ can summarise large amounts of dialogue texts, and significantly improve the quality of customer service statistics and quality control through its application to intelligent credit. It is also aiding in code generation by helping R&D staff to focus on the design and improvement of data structure and system architecture.In the office setting, AI is being utilized with VQuickMind 2.0 which was put into service during the Period. VQuickMind 2.0 enables employees to create content in addition to the original question-and-answer interaction function, thus improving office efficiency. Other AI initiatives during the Period include an iterative upgrade of our core risk control system Hummingbird with the help of AI technology in the field of specialised modeling, thereby improving the operational efficiency of our risk control and reducing operational risks by revamping the rules engine.Diversify customer acquisition channels to acquire high-quality new customers, optimise user experience to maintain customer loyaltyThe Group actively expanded the network of high-quality customer acquisition channels and enhanced customer acquisition efficiency. During the Period, the Group reached cooperation agreements with leading food delivery platforms and other high-quality channels which better enable us to enhance customer interaction and to acquire new high-quality customers. As of June 2024, our cumulative number of registered users reached 149.1 million, an increase of 9.8% over the first half of 2023.Apart from acquiring new high-quality customers, the Group continued to optimise its existing user operation strategy. The Group has upgraded services at various points in the business process to shorten the time taken to issue and disburse loans and reduce the operation path for users, to provide users with a safer and more convenient and caring user experience. In the first half of 2024, repeat customers accounted for 89.5% of total loan volume.Continuously strengthen cooperation with external funding sources, implement multiple measures to reduce financing costsAs of June 2024, the Group have established long-term relationships with 109 external funding partners, including national joint-stock commercial banks, consumer finance companies and trust funds, etc., thus growing a rich and diversified funding pool. In addition, the Group also improved capital management with the construction of the VCREDIT fund management platform system, which continuously improves the efficiency of its funding operation, and steadily reduces the cost of funds.Develop new business beyond mainland China, CreFIT partners with China Mobile Hong KongApart from developing the existing consumer finance business, the Group also consolidated new business initiatives outside of Mainland China. In May 2024, its Hong Kong-based online consumer finance brand ‘CreFIT’ became the first money lender in Hong Kong to cooperate with China Mobile Hong Kong to provide consumer finance products to their customers. CreFIT will look for opportunities to align with additional quality customer acquisition channels and develop mutually beneficial cooperation across cross-industry online platforms and widen access to users with a tailored instalment experience that can truly match real consumer finance scenarios.OutlookIn order to contribute to further growth in consumer finance business and fulfil the financial needs of high-quality customers, the Group will continue to hone business strategies and upscale technology. In addition to growing the existing consumer finance business in China, the Group will also look to expand and diversify its business strategies by investing or collaborating in or acquiring similar, related, or complementary businesses and industries in other jurisdictions including Hong Kong, South-East Asia and Europe. The Group will continue to review potential investment opportunities and business prospects on a constant basis and make suitable investments and acquisitions as opportunities occur.In addition, the Group intends to continue to execute these strategies to maintain its growth in the industry, including streamline and extend its credit solutions to better serve its customers to improve brand recognition and loyalty and creditworthiness of its customer base; enhance risk management capability through deployment of evolving technology and artificial intelligence; strengthen long-term collaborations with licensed financial institutional partners and other business partners; ensure its business is conducted within applicable regulatory parameters to achieve regulation-centric sustainability; review and assess potential business prospects and invest or collaborate in or acquire similar, related or complementary businesses and industries in China and other jurisdictions; cultivate a dynamic enterprise value and culture and grow its in-house talents.About VCREDIT Holdings LimitedVCREDIT Holdings Limited (VCREDIT) is a leading independent online consumer finance service provider in China. With 18 years of experience in consumer finance innovation, the Group has established a cutting-edge position in credit risk quantification and intelligent risk management, which are core to financial services. VCREDIT's proprietary "Hummingbird" risk management system and smart lending robot provide state-of-the-art integrated solutions to licensed financial institutions, allowing them to offer customized, accessible financial services to underserved borrowers across China. VCREDIT made its debut on the main board of the Hong Kong Stock Exchange on June 21, 2018, with the ticker symbol 2003.HK. Website: https://en.vcredit.com/en-us Copyright 2024 ACN Newswire via SeaPRwire.com.