NEFECON(R) Receives NMPA Approval for Production Expansion in China,as Everest Medicines Accelerates Accessibility and Capacity Efforts ACN Newswire

NEFECON(R) Receives NMPA Approval for Production Expansion in China,as Everest Medicines Accelerates Accessibility and Capacity Efforts

HONG KONG, Aug 5, 2025 - (ACN Newswire via SeaPRwire.com) - Everest Medicines (HKEX 1952.HK) today announced that the supplemental application for the production expansion of NEFECON® has been officially approved by China’s National Medical Products Administration (NMPA). This approval for production expansion will further boost capacity and increase product supply, enabling a more efficient response to the growing clinical demand in China and across Asia.NEFECON® is the first and only etiological treatment for IgA nephropathy (IgAN) to receive full approval in China, the United States, and Europe, serving as a foundational first-line therapy for patients with IgAN. Since its initial approval in China in November 2023, NEFECON® was subsequently included in the National Reimbursement Drug List (NRDL) in November 2024, and received full approval from the NMPA in May 2025, irrespective of proteinuria levels, benefiting most individuals living with IgAN.NEFECON® specifically modulates the mucosal immune system in the gut to reduce the formation of pathogenic galactose-deficient IgA1 (Gd-IgA1) that trigger IgAN. Results from the Phase 3 clinical study NefIgArd demonstrated that NEFECON® reduces the decline in kidney function by 50%. Results from Phase 3 clinical study NefIgArd of the Chinese population shows that NEFECON® reduces kidney function decline by 66%, and delays disease progression to dialysis or kidney transplantation by 12.8 years.“The expansion of our NEFECON® production capacity will help better meet the growing clinical treatment needs of IgAN patients in China.” Said Rogers Yongqing Luo, Chief Executive Officer of Everest Medicines. “China has one of the highest rates of primary glomerular disease in the world, with more than 5 million patients estimated to be living with IgAN and over 100,000 new cases diagnosed each year. Chinese IgAN patients generally experience faster disease progression and poorer prognosis, highlighting a significant unmet medical need.As the only etiological treatment for IgAN currently recommended by both international and Chinese guidelines, the expansion of NEFECON® production will further accelerate the uptake of etiological treatment, enabling more patients to access standardized treatment earlier to delay disease progression and protect kidney function. We will continue to enhance the accessibility and affordability of NEFECON®, supporting its advancement from ‘changing the treatment landscape’ to ‘redefining the standard of care’.”NEFECON®, as the only in-disease IgAN treatment has been included in the KDIGO 2024 Clinical Practice Guideline for the Management of Immunoglobulin A Nephropathy (IgAN) and Immunoglobulin A Vasculitis (IgAV) (public review draft), making it the only targeted therapy endorsed by both international and Chinese guidelines. NEFECON® has been approved across all Everest Medicines’ territories, including mainland China, Hong Kong SAR, Macau SAR, Taiwan region, China, as well as Singapore and South Korea, and continues to expand its therapeutic impact across Asia.As production capacity continues to grow and supply capabilities improve, NEFECON® is well positioned to benefit a broader patient population by accelerating the uptake of etiological treatment, enabling more patients to access standardized care earlier to delay disease progression and preserve kidney function. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Traveler Care Launches Global Medical Dispatch Platform to Help Travel Insurance Companies Cut ER Claims by 80% ACN Newswire

Traveler Care Launches Global Medical Dispatch Platform to Help Travel Insurance Companies Cut ER Claims by 80%

NEW YORK, Aug 4, 2025 - (ACN Newswire via SeaPRwire.com) - Traveler Care, a breakthrough medical dispatch platform that brings urgent care directly to travelers in hotels, Airbnbs, and vacation rentals, has officially launched worldwide - offering travel insurance companies a high-impact solution to reduce avoidable emergency room and hospital claims.Traveler care traveler.care home pageA Concierge Alternative to the Emergency RoomTraveler Care connects travel insurers and their policyholders to a network of licensed, on-call providers who visit travelers in their accommodations - typically within 60-90 minutes. Conditions such as flu, food poisoning, dehydration, allergic reactions, UTIs, sprains, and wound care are treated on-site, eliminating the need for an ER visit."In most cases, travelers just need a doctor - not a hospital admission," said Eli Ofel, founder of Traveler Care. "We've built a scalable, insurer-ready solution that saves money and delivers a far better traveler experience."Reduce Claims by $10,000+ Per VisitOn average, a non-emergency ER visit costs travel insurers $13,000 to $17,000. Traveler Care treats the same conditions in-room for $1,700 to $3,000 - including diagnostics like mobile X-ray, ultrasound, IV therapy, and wound treatment.Pilot results have shown:- 83% reduction in ER claim volume- $10,000+ savings per case avoided- Higher satisfaction scores among travelersBuilt for Travel Insurance PartnersTraveler Care is fully designed for insurance integration - with white-label and API options available for TPAs, underwriters, and global assistance networks.Platform features:- Nationwide U.S. coverage (with international expansion underway)- A robust dispatch network, for example companies like Leaa Health, Sickday, Heal, DocGo and more, any location that the travel insurance is experiencing high volume travel care will create a solution for that particular location within 60 days.- HIPAA-compliant documentation + one-click claims integration- Supports care delivery to hotels, Airbnbs, resorts, and serviced apartmentsNow Onboarding Insurance Companies Worldwide"We believe travel insurance companies shouldn't just pay for care - they should deliver it smarter," said Ofel. "With Traveler Care, you lower claims without compromising care."Insurance providers, TPAs, and global assistance companies are invited to partner and deploy in-room urgent care as part of their medical benefit stack.ContactTo schedule a private demo or receive our ROI case study:Visit www.traveler.careEmail: partners@traveler.carePhone: +1 (347) 733-0563About Eli OfelEli Ofel is a serial entrepreneur and visionary behind multiple AI- and tech-powered platforms in healthcare, finance, and transportation. He is the founder and CEO of Traveler Care, Run.Vet, Leaa Health, 02.Market, and Lender.Market. With over 20 years of experience in healthcare operations, insurance workflows, and mobile logistics, Ofel brings a proven ability to bridge patient needs with scalable platform solutions - saving time, money, and lives.Contact InformationEli OfelCEOeli@traveler.care3477330563SOURCE: Traveler care Copyright 2025 ACN Newswire via SeaPRwire.com.
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Atlas Lithium’s Neves Project Completes Definitive Feasibility Study Estimating 145% IRR and 11-Month Payback ACN Newswire

Atlas Lithium’s Neves Project Completes Definitive Feasibility Study Estimating 145% IRR and 11-Month Payback

Boca Raton, Florida--(ACN Newswire via SeaPRwire.com - August 4, 2025) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company"), a leading lithium development company, is pleased to announce that SGS Canada Inc. ("SGS") has completed the Definitive Feasibility Study ("DFS") for the Company's 100%-owned Neves Lithium Project ("Project"), a technical report prepared under the U.S. guidelines of Item 1300 of Regulation S-K ("Regulation S-K 1300"). This hard-rock Project is well-suited to being a low-cost open-pit mining operation, as its spodumene deposits are located relatively close to the surface. Located in the state of Minas Gerais, Brazil, the Project encompasses 4 of the 98 mineral rights for lithium owned by Atlas Lithium. As detailed in the DFS, the Neves Project is expected to deliver strong financial metrics with an internal rate of return ("IRR") of 145%, payback in 11 months from the start of operations, and an after-tax net present value ("NPV") of $539 million. Importantly, the DFS estimates the Neves Project to have operational production costs of only $489 per tonne of lithium concentrate, positioning Atlas Lithium among the world's lowest-cost producers. Complete details of these metrics can be found in the DFS, filed with the Securities and Exchange Commission as an exhibit to the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2025. Marc-Antoine Laporte from SGS serves as the Qualified Person for the DFS under Regulation S-K 1300. SGS is well-known as a global leader in testing, inspection, and certification services for mineral properties and projects.Industry-Leading Capital Efficiency and Low Operating CostsThe DFS supports that expected direct capital expenditures of $57.6 million will be needed for the implementation of the Project, by far the lowest such capital costs among other announced projects in Brazil. Notably, Atlas Lithium has already invested approximately $30 million in acquiring and transporting the Project's newly fabricated dense media separation ("DMS") plant to Brazil, as previously reported. The Company has secured two non-dilutive pre-payment agreements for its lithium concentrate totaling $40 million and has received additional funding interest from other parties, including 10-year debt financing options, any of which could support the Project's capital requirements.The Company believes that the DFS validates the Project's strong economics, positioning it among the most capital-efficient and lowest-cost hard-rock lithium developments globally. The Project will employ proven DMS technology, with comprehensive metallurgical testing demonstrating an expected robust lithium recovery rate of 61.7% to produce high-quality, low-impurity lithium concentrate. This relatively straightforward, low-risk DMS processing methodology minimizes technical complexity and operational risk while enabling a low environmental footprint.Atlas Lithium's mineral right to be mined, as detailed in the DFS, received its "Portaria de Lavra" (mining concession) status from Brazil's Ministry of Mines and Energy on May 27, 2025 — the highest level of titleship in Brazil and one that allows continuous mining operations. Multiple deposit areas within the Project remain open for resource expansion along strike and at depth and are thus expected to extend the life of mine. Additionally, numerous high-potential geological targets remain within the Project's mineral rights, providing compelling opportunities for future exploration.Located in the established Araçuaí Pegmatite District in the Vale do Jequitinhonha, often called Lithium Valley, the Project benefits from favorable infrastructure, including proximity to transportation networks, water resources, and skilled labor. The Project qualifies for tax incentives from the Superintendency for the Development of the Northeast (SUDENE), as promulgated by Brazil's Ministry of Integration and Regional Development, reducing the corporate tax rate from 34% to 15.25% and further enhancing profitability."The DFS indicates potentially outstanding returns for our initial vision of developing a focused, near-term, profitable lithium production asset with minimal capital requirements," said Marc Fogassa, Chairman and CEO of Atlas Lithium. "The combination of our low capital intensity and rapid payback period is expected to create exceptional value for our shareholders while positioning Atlas Lithium to benefit from future organic expansion opportunities at Neves and other high-potential lithium areas that we own. Importantly, we are creating many quality employment opportunities in the Vale do Jequitinhonha region, representing a significant societal contribution of our Project."Experienced Leadership Driving Project ImplementationFollowing his leadership role in collaborating with SGS on the DFS, project implementation activities are being supervised by Eduardo Queiroz, Atlas Lithium's Project Management Officer (PMO) and Vice President of Engineering. Mr. Queiroz has more than two decades of hands-on experience managing complex, large-scale mining projects."The DFS demonstrates the technical robustness of the Project, with proven DMS technology and comprehensive metallurgical test work validated by SGS, a premier firm in the lithium space," said Mr. Queiroz. "With our processing plant fully fabricated and paid for, and now with the DFS in hand, we have systematically de-risked the Project. I am excited to lead the implementation phase of Atlas Lithium's journey to becoming a lithium producer."Salinas and Clear: The Next Expansion FrontierAtlas Lithium is strategically positioned to capitalize on its extensive regional lithium exploration portfolio in Brazil, particularly through advancement of its Salinas Project and Clear Project, both 100% owned by the Company. Atlas Lithium's Salinas Project is just 5 miles east of the Colina lithium asset previously owned by Latin Resources — a major factor in Pilbara Minerals's acquisition of that company in 2024 for approximately $370 million. At the Salinas Project, Atlas Lithium has already achieved promising initial results, including the discovery of spodumene-rich pegmatites very close to the surface, and highly positive results from soil geochemistry and from LIDAR geological mapping.Atlas Lithium's Clear Project is located less than 4 miles from Sigma Lithium's operating lithium mine, and represents significant untapped potential with highly positive results from soil geochemistry and from LIDAR geological mapping.Diversification in Critical MineralsAtlas Lithium also owns approximately 30% of Atlas Critical Minerals Corporation (OTCQB: JUPGF), a separate company with exploration programs in uranium, rare earths, titanium, and graphite.About Atlas Lithium Corporation Atlas Lithium Corporation (NASDAQ: ATLX) is a lithium development company focused on advancing its Neves Project to production. The Neves Project's Definitive Feasibility Study demonstrates excellent economics with a 145% IRR, $539 million NPV, and an 11-month payback. The Neves Project has received operational permitting, and its dense media separation plant has been acquired and transported to Brazil. With approximately 539 square kilometers of lithium mineral rights, Atlas Lithium owns the largest lithium exploration footprint in Brazil among publicly listed companies. Additionally, Atlas Lithium currently holds an approximate 30% ownership stake in Atlas Critical Minerals Corporation (OTCQB: JUPGF).Safe Harbor StatementThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based upon the current plans, estimates and projections of Atlas Lithium and its subsidiaries and are subject to inherent risks and uncertainties which could cause actual results to differ from the forward-looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: Atlas Lithium's ability to successfully assemble and begin operations of its modular plant; reaching estimated production, development plans and cost estimates for the Neves Lithium Project as reported in the Definitive Feasibility Study (the "DFS"); discrepancies between actual and estimated mineral reserves and mineral resources, between actual and estimated development and operating costs, and between estimated and actual production; results from ongoing geotechnical analysis of projects; business conditions in Brazil; general economic conditions, geopolitical events, and regulatory changes; availability of capital; Atlas Lithium's ability to maintain its competitive position; manipulative attempts by short sellers to drive down our stock price; and dependence on key management.Additional risks related to the Company and its subsidiaries are more fully discussed in the section entitled "Risk Factors" in the Company's Form 10-K filed with the Securities and Exchange Commission (the "SEC") on March 28, 2025, and in the Company's Form 10-Q filed with the SEC on August 4, 2025. Please also refer to the Company's other filings with the SEC, all of which are available at www.sec.gov. In addition, any forward-looking statements represent the Company's views only as of today and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update any forward-looking statements.Investor RelationsGary GuytonVice President, Investor Relations+1 (833) 661-7900 gary.guyton@atlas-lithium.comhttps://www.atlas-lithium.com/@Atlas_LithiumTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/261106 Copyright 2025 ACN Newswire via SeaPRwire.com.
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‘Waste-to-Value, Industry Upgrade, and GBA Co-Creation’ Technology Forum Brings Together Top Experts, Driving Green Industry Advancement Through Frontier Technologies ACN Newswire

‘Waste-to-Value, Industry Upgrade, and GBA Co-Creation’ Technology Forum Brings Together Top Experts, Driving Green Industry Advancement Through Frontier Technologies

HONG KONG, Aug 4, 2025 - (ACN Newswire via SeaPRwire.com) - The “Waste-to-Value, Industry Upgrade, and GBA Co-Creation” Technology Forum (the “Forum”), jointly organized by the GBA Economic and Trade Association, GBA Institute, All-China Environment Federation, and “The Hong Kong University of Science and Technology (HKUST) – Absolute Pure EnviroSci Limited (APEL) Joint Laboratory on Health and Environmental Innovation” under APEL, was successfully convened on 29 July 2025 in Hong Kong. The Forum gathered nearly a hundred innovation and technology experts, industry leaders, and business professionals to explore forward-looking topics such as solid waste management and advanced materials application, smart manufacturing for industry upgrade, low-carbon building materials, policy coordination across Guangdong-Hong Kong-Macao, and leading-edge advances in smart water quality monitoring and purification. By harnessing technological innovation, the Forum seeks to invigorate the circular economy and inject new momentum into the sustainable development of the Greater Bay Area (GBA).The event was graced by an illustrious roster of speakers and honored guests, including Miss Diane Wong, JP, Under Secretary for Environment and Ecology Bureau, the Government of the Hong Kong Special Administrative Region (HKSAR); Mr. Liu Kun, Deputy General Manager, Hunan Construction Investment Group ; Dr. David Chung, Chairman of APEL; Prof. Daniel Cheng, BBS, MH, JP, Honorary President and GBA Honorary Fellow, GBA Economic and Trade Association; Mr. Chan Wing Fai, Deputy Director, All-China Environment Federation; Prof. Yeung King Lun, Professor, Department of Chemical and Biological Engineering and Division of Environment and Sustainability, HKUST. These distinguished guests provided strategic and multi-faceted insights into policy, industry, green innovation, and cross-regional collaboration, offering forward-looking recommendations to support the high-quality development of the Greater Bay Area.Miss Diane Wong, JP, Under Secretary for Environment and Ecology Bureau, the Government of HKSAR, said, “To drive the low-carbon transition and seize the economic opportunities presented by green development, Hong Kong has established a robust collaborative framework with Mainland cities in the Guangdong-Hong Kong-Macao Greater Bay Area, actively exploring a regional co-operation model for a ‘Zero-Waste City.’ By harnessing their complementary regional strengths, the Mainland and Hong Kong enhance the recovery and recycling of materials in the Greater Bay Area, thereby advancing the circular economy. Through innovation, partnership, and supportive policies, we can transform environmental challenges into new opportunities. I hope today’s discussion will spark innovative ideas and create more opportunities for collaboration, allowing us to work hand in hand toward a greener future.”Mr. Liu Kun, Deputy General Manager, Hunan Construction Investment Group, highlighted, “The future of technology belongs to courageous pioneers. By uniting the wisdom of ‘Transforming Waste into Value,’ the spirit of ‘Industry Upgrade,’ and the vision of ‘GBA co-creation,’ we will harness the multi-sectoral advantages of investment and infrastructure and make lasting contributions to Hong Kong’s high-quality and sustainable development.”Dr. David Chung, Chairman of APEL, stated, “Technology is the driving force behind economic transformation and higher competitiveness in the new era. By harnessing the power of technology, we seek to ‘Transform Waste into Value’, promote industry upgrades, and accelerate green development. Hong Kong is uniquely positioned—through its entrepreneurial spirit, innovative technologies, robust infrastructure, and global connectivity—to nurture a world-class industrial ecosystem. It is vital that government, industry, academia, research, and investment sectors collaborate closely to advance smart manufacturing, green technology, and high-end manufacturing, while deepening synergies with other cities in the GBA. APEL will continue to align with government policies, foster technological integration and environmental innovation, positioning Hong Kong as a model for new industrialization, driving sustainable development locally and globally.”Prof. Daniel Cheng, BBS, MH, JP, Honorary President and GBA Honorary Fellow, GBA Economic and Trade Association, emphasized “We believe that technological innovation is the cornerstone for high-quality regional economic growth. Today’s forum marks an important step toward a greener, smarter, and more sustainable future. By applying intelligent solid waste processing and resource regeneration technologies, we can significantly reduce environmental burden of waste and transform it into high-value new materials, extending the value chain for green industries and contributing to national goals of carbon peaking and neutrality.”The Forum gathered nearly a hundred innovation and technology experts, industry leaders, and business professionals, including Miss Diane Wong, JP, Under Secretary for Environment and Ecology Bureau, the Government of the HKSAR (fifth from the right); Mr. Liu Kun, Deputy General Manager, Hunan Construction Investment Group (fourth from the right); Mr. Jackin Jim, Chairman of Yee Hop Holdings Limited (fifth from the left); Dr. David Chung, Chairman of APEL (third from the right); Dr. Pat Yeung, Director of APEL (forth from the left), Dr. Willie Lai, Founder of the GBA Economic and Trade Association (first from the left); Prof. Daniel Cheng, BBS, MH, JP, Honorary President and GBA Honorary Fellow, GBA Economic and Trade Association (third from the left); Mr. Chan Wing Fai, Deputy Director, All-China Environment Federation (second from the right); Dr. Chen Weiguang, Director, Digital Low-Carbon Research Institute, Institute of Innovation and Development of Sciences and Technology, Chinese Academy of Sciences (first from the right); and Prof. Yeung King Lun, Professor, Department of Chemical and Biological Engineering and Division of Environment and Sustainability, HKUST (second from the left)Fly Ash Recycling Technology Emerges as Key Engine for Circular Economy Development in Greater Bay AreaThe subsequent “Waste-to-Value, Industry Upgrade, and GBA Co-Creation” technology forum brought together experts and industry leaders from various fields for in-depth discussions on three major themes, injecting fresh insights into green technology and regional industrial upgrading. China’s Solid Waste Pollution Prevention and Control Law mandates the safe disposal and resource utilization of fly ash to minimize environmental pollution. Ms. Huang Jing, Deputy Manager, Overseas Division, Hunan Construction Investment Group, analyzed the advantages and case studies of multi-source solid waste (including fly ash and sludge) treatment and integration with new materials.Dr. Chen Weiguang, Director of the Digital Low-Carbon Research Institute, Institute of Innovation and Development of Sciences and Technology, Chinese Academy of Sciences, highlighted that since 2030, China has been progressively reducing landfill disposal of fly ash, encouraging regions with the necessary conditions to achieve zero landfill for incineration residues. Conventional chelation and landfill methods for fly ash—which contains chlorides, heavy metals, and dioxins—are being replaced by innovative two-step processing technology. This approach enables high-value resource recovery, establishing a complete industrial value chain and offering a scalable, replicable solution for near-zero solid waste landfill globally.At the forum, moderator Dr. David Chung, Chairman of APEL (left), together with Dr. Chen Weiguang, Director, Digital Low-Carbon Research Institute, Institute of Innovation and Development of Sciences and Technology, Chinese Academy of Sciences (center) and Ms. Huang Jing, Deputy Manager, Overseas Division, Hunan Construction Investment Group (right) engaged in a discussion on waste resource utilization and circular technologies.In the realm of new industrialization and smart manufacturing, Ir. Raymond Shan, General Manager, New Industrialisation Division, Hong Kong Productivity Council (HKPC), and Dr. Alex Choi, Biomedical Specialist, New Industrialisation Division, HKPC shared insights on how automation, digitalization, and AI-driven solutions are advancing upgrade of industries. Ir. Raymond Shan, General Manager of the New Industrialisation Division of HKPC, stated: “Hong Kong is entering a 'New Quality Era'. The HKSAR Government has launched the 'New Industrialisation Funding Scheme (NIFS)' and 'New Industrialisation Acceleration Scheme (NIAS)', which aim to subsidise enterprises engaged in smart and green manufacturing to establish new smart production lines in Hong Kong. HKPC is also cultivating future engineers through a series of future skills training programs, while promoting development in emerging fields such as new energy, bio-health, advanced manufacturing, new materials and artificial intelligence, to consolidate Hong Kong's position as an international innovation hub.”Dr. Alex Choi, Biomedical Specialist of the New Industrialisation Division of HKPC, stated: “In HKPC's initiatives and projects to commercialize R&D achievements in Hong Kong's life & health and new energy industries, we have collaborated with a local enterprise to promote the development of the hydrogen energy sector. The plan includes building Hong Kong's first green hydrogen production facility that will utilize natural biogas from landfills to produce hydrogen. The hydrogen produced at this facility complies with the GB/T 37244-2018 quality standard with purity ≥99.97%, and is suitable not only for transportation use but also for various downstream applications.”At the forum, moderator Dr. David Chung, Chairman of APEL (left), together with Ir. Raymond Shan, General Manager, New Industrialisation Division, HKPC (center) and Dr. Alex Choi, Biomedical Specialist, New Industrialisation Division, HKPC (right) engaged in a discussion on new industrialization and smart manufacturing.On innovative smart water management, Prof. Han Wei, Research Associate Professor, Department of Chemical and Biological Engineering and Division of Environment and Sustainability, HKUST, along with Mr. Billy Luk, Chief Application Scientist at the HKUST–APEL Joint Laboratory, presented the latest breakthroughs in smart water quality monitoring and efficient purification technologies. Mr. Billy Luk said, “Water is an essential resource for sustaining human life and ecological health. Wisepura Aquapura, developed by APEL, utilizes world’s first patented porous silica capsule technology, which intelligently releases active ingredients upon contact with water. This effectively targets over 30 types of over 30 types of bacteria, fungi, and viruses in water supply, air conditioning, and sewage systems while also meeting diverse application needs. Currently, this innovative technology is widely applied across Hong Kong’s public infrastructure. More importantly, the silica capsule can be reused multiple times and safely disposed of at the end of its lifecycle, thereby minimizing environmental impact.”Prof. Han Wei, Research Associate Professor, Department of Chemical and Biological Engineering and Division of Environment and Sustainability, HKUST (left) and Mr. Billy Luk, Chief Application Scientist at the HKUST–APEL Joint Laboratory (right) presented the latest breakthroughs in smart water quality monitoring and efficient purification technologies at the forum.About All-China Environment FederationAll-China Environment Federation (ACEF) is a nationwide non-profitable civil society organization (CSO) in the field of the environment, and is supported by the government. It is composed of CSOs and individuals who are enthusiastic about and support environmental protection and are willing to work for it. The objective of ACEF is to serve as a bridge between the government and the public in implementing the sustainable development strategy, achieving national objectives on environment and development, and protecting the environmental rights of the public. By fully utilizing its organizational advantage, ACEF aims to promote environmental protection and sustainable development in China and the world at large.About GBA Economic and Trade AssociationThe GBA Economic and Trade Association is an economic, trade and financing matching platform initiated and established by business leaders and social elites. Its vision and mission is to cooperate with national policies, assist the economic development of the Greater Bay Area, and provide diversified policy research, analysis and advice, make use of the different advantages and resources of different regions in the region, strengthen economic and trade cooperation, open up four streams: talent flow, goods flow, capital flow and information flow, and accelerate the development of the Bay Area into a world-leading economy.About GBA InstituteThe GBA Institute, founded by the GBA Economic and Trade Association, aims to support the national strategy for the Greater Bay Area's development. Its mission is to cultivate global business leaders and uphold Hong Kong's position as a leading international financial center. The institute partners with prestigious global universities to offer high-level training programs and recognizes outstanding contributors from politics, business, and academia who have made significant contributions to society and the development of the Greater Bay Area.About Absolute Pure EnviroSci LimitedAbsolute Pure EnviroSci Limited (“APEL”), is an indirect non-wholly owned subsidiary of Yee Hop Holdings Limited, a company listed on the Main Board of the Stock Exchange of Hong Kong Limited (stock code: 1662.HK). With a mission to improve the quality of life and living environments, APEL is principally engaged in the research and development and commercialization of health and environmental innovations. Leveraging its Multilevel Antimicrobial Polymer (MAP-1) technology, APEL has developed specialized application formulas in four key areas: air purification in aircraft, water purification, livestock health, and eco-friendly building materials, all designed to address pressing global challenges. On 10 January 2024, APEL jointly established the “HKUST-APEL Joint Laboratory on Health and Environmental Innovation” with the Hong Kong University of Science and Technology (HKUST) to develop and translate novel discoveries into groundbreaking health and environmental innovations. APEL looks forward to working with researchers and industry partners worldwide to drive further health and environmental innovations. To tap into the global health and environmental hygiene market, APEL is currently holding an innovative interactive exhibition at The Lab. in Osaka to showcase its three flagship products—Wisepura water and air purification systems, GERMAGIC™ antimicrobial coating, and GERMAGIC™ PET health care solutions for pets—seizing growth opportunities in Asia’s health technology industry.For inquiries, please contact:AJA (IR & Communications)Avy YuTel: (852) 9500 4443Email: avy.yu@ajacapital.com.hk / info@ajacapital.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com.
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Kuvi.ai Launches Private Beta of Agentic Finance OS with Seed Round Led by Moon Pursuit Capital ACN Newswire

Kuvi.ai Launches Private Beta of Agentic Finance OS with Seed Round Led by Moon Pursuit Capital

TORONTO, ON, Aug 2, 2025 - (ACN Newswire via SeaPRwire.com) - Kuvi.ai, the platform pioneering Agentic Finance, has announced the successful completion of its $700,000 seed round, led by Moon Pursuit Capital, and the expansion of its strategic round, which is now oversubscribed. Recent additions include legendary crypto investor Michael Terpin of Transform Ventures and leading Web3 educator Dennis Liu (aka VirtualBacon).The announcement follows Kuvi.ai's earlier pre-seed (angel) round, which closed in just four days. With the close of the seed round and the opening of the strategic round, Kuvi.ai's valuation has now doubled from $15 million to $30 million.The funding supports the private beta launch of Kuvi.ai's Agentic Finance Operating System (AF-OS), the first of its kind next-gen interface that empowers users to design, automate, and deploy complex financial strategies using natural language.Kuvi.ai replaces the need for centralized exchanges, clunky DeFi dashboards, or opaque robo-advisors, enabling users to act with precision, automation, and control. Kuvi.ai is an AI-driven crypto interface designed to make digital asset transactions as simple as typing a message or saying a few words, delivering text-to-trade functionality that removes the need to navigate multiple dApps, bridging solutions, or complex trading interfaces.Users can instruct Kuvi.ai to buy, sell, or swap tokens across blockchains, and Kuvi.ai does the rest. Unlike pre-programmed bots or chat wrappers, Kuvi.ai allows users to define their financial intent - e.g., "Buy $1K in memecoins when sentiment spikes and gas is low, exit when BTC dominance rises" - and executes via our proprietary modular and functional agentic framework."Kuvi.ai is building the coordination layer for agentic value transfer," said co-founder and CEO Dylan Dewdney.Kuv.ai's private beta, rolling out now to early community, investors, supporters, collaborators, and some OTC desks, introduces smart "Executables." These are automations tied to market conditions, cross-chain actions, and real-time data. Early integrations include top Solana-native protocols like Raydium and Jupiter, with Ethereum and Bitcoin native protocols soon to follow."This is not just a new product," added co-founder and CTO Jay Nasr. "It's a complete rethink of how humans interact with financial systems."With private beta underway and TGE tentatively slated for late summer/early fall 2025, Kuvi.ai is set to scale its user base, integrations, and community. As the Agentic Finance movement gains traction, Kuvi.ai is positioned to be the flagship OS in a post-app financial world - empowering everyone to manage and multiply wealth through intent-based interfaces.About Kuvi.aiKuvi.ai is an AI-driven crypto interface designed to make digital asset transactions as simple as typing a message or saying a few words, delivering text-to-trade functionality that removes the need to navigate multiple dApps, bridging solutions, or complex trading interfaces. Users can instruct Kuvi.ai to buy, sell, or swap tokens across blockchains, and Kuvi.ai does the rest.Kuvi.ai is founded by Dylan Dewdney, a crypto OG active since 2011, along with Jay Nasr, and Maxim Sindall, bringing technical depth and go-to-market execution. Kuvi.ai's momentum is powered by a heavyweight advisory and investor roster that includes Michael Terpin, founder of Transform Ventures and early advisor/investor to hundreds of crypto projects, including Ethereum and Tether; Dennis Liu (VirtualBacon), top-tier crypto educator with 400K+ followers; and Peter Vincer, advisor with institutional and U.S. policy access, joins as Advisor for Government Relations. For more information, please visit https://kuvi.ai .Social LinksX: @kuvilabsTelegram: @kuviai Discord: https://discord.com/invite/r5Hfpk5BPaMedia contactBrand: Kuvi.aiContact: Media teamWebsite: https://kuvi.ai Copyright 2025 ACN Newswire via SeaPRwire.com.
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Concord New Energy (0182.HK) Released 2025 Interim Results ACN Newswire

Concord New Energy (0182.HK) Released 2025 Interim Results

HONG KONG, Aug 1, 2025 - (ACN Newswire via SeaPRwire.com) - Concord New Energy Group (“CNE” or "the Group", Stock Code: 0182.HK), announced its interim results for the six months ended 30 June, 2025 (the "Period"). In the first half of 2025, the Group's newly built power plants were successively commissioned, and financing costs were further reduced. However, facing the dual challenges of worsening curtailment in certain regions of China and a decline in comprehensive electricity prices, the Group's core business came under pressure, resulting in a decrease in both revenue and profit. In response, the Group promptly adjusted its development strategy in light of the changing environment. With the goal of enhancing profit certainty, we adjusted our business strategies to prioritize quality. Guided by the principles of improving efficiency and creating value, the Group focused on enhancing the profitability of its power plants, strengthening its power trading capabilities.During the period, the Group achieved the continuing operations revenue of RMB1.4 billion, representing a year-on-year drop of 6.6%. Profit attributable to equity holders of the Group amounted to RMB282 million, with a net profit margin of 20%. Basic earnings per share was RMB3.58 cents. As of 30 June 2025, the Group had net assets of RMB8.9 billion and net assets attributable to equity shareholders of the Group per share was RMB1.11.In the first half of 2025, the Group continued to expand the presence in key international markets and strengthened project development capabilities. The Group secured 600 MW of new wind investment projects (listed in annual construction plans) in China, and 152.5 MW of solar projects and 300 MW of energy storage projects outside China. Additionally, during the development of power plant projects, the Group created multi-dimensional synergies with its professional service businesses, including power plant O&M, design, consulting and power trading. The contract value of newly signed external agreements for power plant O&M, design and consulting grew significantly.During the period, the Group successfully achieved the on-schedule grid connection of multiple projects through meticulous planning and organization. In the first half of 2025, the Group's newly commissioned projects added an attributable capacity of 191 MW, including 140 MW of wind and 51 MW of solar power. As of 30 June 2025, the Group owned operational wind and solar power plants with an attributable installed capacity of 4,778 MW, representing a year-on-year increase of 18.0%. This includes 3,844 MW from wind farms, an improvement of 10.9% year-on-year, and 934 MW from solar PV power plants with a year-on-year growth of 60.0%. The attributable installed capacity of the Group’s subsidy-free power plants has reached 3,380 MW, accounting for 70.7% of the Group’s total attributable installed capacity.In the first half of 2025, affected by adverse factors such as unfavorable wind resources, increased curtailment at some power plants and a decrease in the comprehensive electricity price, the Group's power generation revenue declined by 2.1%, accompanied by a decrease in net profit from power generation. During the period, the Group's attributable power generation remained stable compared to the same period last year, reaching 4,759GWh. The Group's weighted average utilization hours for wind farms were 1,142 hours, and for solar PV power plants, they were 531 hours. Additionally, the Group strengthened green electricity trading and green certificate sales, with green electricity transaction volume increasing by 26% year-on-year, effectively offsetting the adverse impact of the overall decline in electricity prices.Meanwhile, the Group concentrated on refined and professional management, reduced financing costs continuously and improved the efficiency of power plants. During the period, the average financing cost for newly drawn loans decreased to 3.15%, and the Group's overall financing cost fell to 3.63%, both remaining at low levels. The Group reduced power generation losses caused by equipment failure by 40%.Mr. Liu Shun Xing, Chairman of the Board of Directors of Concord New Energy Company Limited indicates, “In response to the rapidly evolving landscape of the new energy sector, the Group has implement a series of operational adjustments. Guided by the principles of enhancing efficiency and creating value, we have optimized our business strategies. At the same time, we strengthened management through a focus on ‘refinement and specialization.’ These efforts have yielded meaningful cost reductions and efficiency gains. We have also made concerted efforts to strengthen our power trading capabilities, with a strong focus on electricity marketing, expanding green power transactions and green certificate sales, and actively developing our global business. These initiatives have begun to show promising results. Looking ahead, the Group has formulated and is executing a new development strategy, underpinned by the objective of ‘strengthening the enterprise and enhancing the certainty of profitability.’ We will place greater emphasis on the quality of growth, with the aim of delivering greater returns to our shareholders.” Copyright 2025 ACN Newswire via SeaPRwire.com.
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Naoris Protocol Stakes $120,000 Bounty To Break Cryptography Securing $470 Trillion Global Economy ACN Newswire

Naoris Protocol Stakes $120,000 Bounty To Break Cryptography Securing $470 Trillion Global Economy

Wilmington, DE, August 1, 2025 - (ACN Newswire via SeaPRwire.com) - Naoris Protocol, the post-quantum infrastructure pioneer, today announced a $120,000 (1BTC at time of announcement) bounty program challenging cryptographers worldwide to break the elliptic curve algorithms that currently secure the global digital economy, from Bitcoin's $2.4 trillion market to the $410 trillion banking system.The challenge highlights an urgent reality: while these cryptographic foundations remain unbreakable today, quantum computers will inevitably crack them within 10-20 years, potentially triggering the largest financial crisis in history.The Bounty Structure$50,000 for breaking secp256k1 (Bitcoin and Ethereum)$30,000 for breaking Ed25519 (Signal, WhatsApp, Solana)$20,000 for breaking NIST P-256 (TLS/SSL, Internet security)$10,000 for other major curves (P-224, P-384, P-521)"This isn't about attacking cryptocurrency, it's about defending it," said David Carvalho, CEO of Naoris Protocol. "These curves are mathematical masterpieces that have protected global commerce for decades. But quantum computing will render them obsolete. We're building the quantum-safe infrastructure the world needs before that day arrives."What's at StakeThe elliptic curve cryptography targeted by this bounty currently protects:$410 trillion in global banking assets$145 trillion in assets under management$57 trillion in intellectual property$2.4 trillion in cryptocurrencyGovernment communications and defense systemsEvery secure internet transactionThe ChallengeParticipants must demonstrate the ability to recover a full private key from a public key using mathematical cryptanalysis. Implementation flaws, side-channel attacks, or weak random number generators don't qualify; this is about breaking the math itself.Submissions can be made at: BountyForm"When quantum computers achieve this in the next decade or two, it won't be a drill," Carvalho warned. "That's why forward-thinking enterprises and governments are transitioning to post-quantum cryptography now."Racing Against TimeCurrent quantum computers have approximately 1,000 physical qubits. Breaking 256-bit elliptic curve cryptography requires an estimated 2,330 logical qubits. Although that gap may seem large, quantum computing is advancing at an exponential rate."The NSA announced in 2015 they're transitioning to quantum-resistant cryptography," noted Carvalho. "When the world's premier cryptographic authority moves, smart organizations follow."About Naoris ProtocolNaoris Protocol is building enterprise-grade, quantum-resistant blockchain infrastructure using lattice-based cryptography that withstands both classical and quantum attacks. The company serves Fortune 500 enterprises and government agencies, preparing for the post-quantum era.Submit entries here: BountyFormMedia Contact: sharon@babslabs.io Copyright 2025 ACN Newswire via SeaPRwire.com.
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Global Property Expo | Singapore 2025 attracts 2,500 Buyers With Intent, 40+ Exhibitors, with Projects spanning 20 Countries ACN Newswire

Global Property Expo | Singapore 2025 attracts 2,500 Buyers With Intent, 40+ Exhibitors, with Projects spanning 20 Countries

SINGAPORE, Aug 1, 2025 - (ACN Newswire via SeaPRwire.com) - The inaugural Global Property Expo | Singapore 2025, organised by JLL (NYSE: JLL), Asia’s first and largest dedicated platform for international residential real estate, successfully wrapped up after three vibrant days at Sands Expo & Convention Centre.Spanning 8,000 sqm of exhibition space, the Expo brought together a truly global audience and showcased the dynamic future of property investment. More than 2,500 qualified buyers explored opportunities from 40+ exhibitors presenting 70+ projects across 20 countries, creating a unique marketplace for cross-border real estate transactions."Incredible to see such a diverse group of leaders sharing real insights and ideas," said a spokesperson from Helios Real Estate, an exhibitor at the Expo. "Events like this move the industry forward. Excited for what’s next!"The Expo also presented a high-level conference programme, featuring 38 sessions and over 60 speakers who delivered insights on the trends shaping the global residential property market, from technology and fractional ownership to visa-linked investments and next-generation buyers.Attendees praised the event’s international outlook and quality of content. "I wasn't just inspired, I actually learned something," shared Isabelle Miaja of MDG Fiera Singapore, who attended both as a conference participant and an Expo visitor. Nick Pickop, Founder of Tekuchi, noted, "So many diverse projects from an amazing variety of countries and sectors!"From Portugal to Phuket, Tokyo to London — the world of real estate, in one spaceExhibitors and visitors alike remarked on the inclusive and energetic atmosphere. The Expo’s exhibition floor was a hive of activity, with buyers engaging in one-on-one discussions, virtual walkthroughs, and detailed consultations at booths showcasing residential projects from Europe, the Asia-Pacific region, North America, and the Middle East. Families, seasoned investors, and young professionals alike explored the world of property in a single venue.The conference programme featured thought leaders such as Adam Challis (JLL), Satoshi Murakami (MetaProp), Rory McDaid (Henley & Partners), Matt Silver (The Boundary), and Samuel Lee (Fraxtor). Topics ranged from “What’s Driving Cross-Border Property Investment” to “Democratization of Real Estate Investment”, offering participants actionable insights into new investment models and emerging buyer preferences.The event was made possible by the support of 14 industry partners, including strategic partner Leading Real Estate Companies of the World®, underscoring a shared commitment to advancing the global residential property market.For more information and to register for updates on next year’s event, visit globalpropertyexpo.com.Follow Global Property Expo on Facebook, Instagram, or LinkedIn.Organiser: About JLLFor over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.Strategic Partner: About Leading Real Estate Companies of the World®Chicago-based Leading Real Estate Companies of the World® (LeadingRE.com) is a global network of top independent real estate firms, with 550 companies and 134,000 sales associates in over 70 countries. LeadingRE supports its members with powerful connections to other market leaders and access to innovative, performance-driven programs. Its online learning platform, LeadingRE Institute, was named to Training magazine’s Top 10 Hall of Fame. LeadingRE also operates RELO Direct®, Inc. (RELODirect.com), its full-service relocation management company providing mobility services for corporate and government clients; and Luxury Portfolio International® (LuxuryPortfolio.com), its luxury marketing division, which markets approximately 50,000 luxury homes annually. LeadingRE is also active in commercial real estate, with 200 firms in over 20 countries specializing in the commercial arena. The firm also has a strategic international project marketing program, Destinations by LeadingRE (DestinationsByLeadingRE.com).Media Contact:Theodore Woon, Director, PINPOINT PREmail: theodore@pinpointpr.sgAppendixExhibitors at Global Property Expo | Singapore 2025 were: JLL, Barfoot & Thompson, British Land, DAMAC Properties Co. LLC,Destinations by LeadingRE, Devato, Chalegrove Properties Limited, Citrus Living, Crimson Education, EMAAR, ES-CON Japan Ltd, Far East Consortium, Finbar Group, GetGround, Gurner Group, Helios & America Mortgages, Hotel 101, HSBC, International Property Alerts, Leading Real Estate Companies in the World, Levella Global, Marjan, Mouana Luxury Villas Phuket, Richmind,The Boundary, ThirdHome, Tiger Brokers, Tropicana, UOB, and Vakson. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Rust Mobile Revealed With Official Trailer, First Hands-on Demo Set for Gamescom 2025 ACN Newswire

Rust Mobile Revealed With Official Trailer, First Hands-on Demo Set for Gamescom 2025

SHENZHEN, CHINA, Aug 2, 2025 - (ACN Newswire via SeaPRwire.com) - Level Infinite is thrilled to reveal gameplay features for Rust Mobile, the officially licensed mobile adaptation of the iconic PC survival game Rust. Recreating the brutal survival experience, Rust Mobile combines the original with mobile-first innovations and will see its public hands-on debut at gamescom 2025.Rust Mobile RevealedPre-registration is open nowWatch the cinematic trailer here.Officially licensed by Facepunch Studios, Rust Mobile stays true to the uncompromising spirit of the original, delivering a survival experience fans know and love. From open-world exploration and ruthless PvP combat to base building and the tension of trust and betrayal, the mobile version captures the essence of Rust.Played from a first-person perspective in a real-time, fully immersive world, players face constant danger, whether from hostile wildlife or rival survivors. A fully explorable sandbox with dynamic day-night cycle, weather systems, and region-based biomes also adds deep environmental strategy. Core gameplay pillars like scavenging, crafting, building, raiding, and permadeath remain intact, where every decision can mean life or death.In Rust Mobile players can choose how they want to survive, by going full PvP or playing at their own pace, offering more flexibility while staying true to the tension and danger of the original. Tailored for mobile lifestyles, Rust Mobile makes it easier than ever to jump into the survival experience, whether you're at home, on your commute, or in between.Exclusive Hands-on Demo at gamescom 2025Rust Mobile will officially participate in gamescom 2025, the world's largest gaming event, in Cologne from 20th to 24th August, marking the first-ever public hands-on demo of the game.Players interested in survival and PvP should head to Hall 6.1, Booth C-051g, where they can try out the all-new Rust Mobile experience and also pick up exclusive posters and merch while supplies last.Rust Mobile has undergone significant improvements in quality, gameplay systems, and content since the early tech test in Canada earlier this year and is ready for players to dive in and have an epic experience.For more information about Rust Mobile or to pre-register, head to rustmobile.com, or follow the game on X, and YouTube. For gamescom opening times visit www.gamescom.global.About Level InfiniteLevel Infinite is Tencent's global games brand, dedicated to delivering engaging and original gaming experiences to a worldwide audience, whenever and wherever they choose to play. The brand also provides a wide range of services and resources to a network of developers and partner studios around the world to help them unlock the potential of their games. Level Infinite is both publisher of breakout hit games like PUBG MOBILE, Honor of Kings and Goddess of Victory: NIKKE and a collaborative partner in games such as Dune: Awakening from Funcom, Warhammer 40K: Darktide and many more. To learn more about Level Infinite, visit www.levelinfinite.comContact InformationKirsty EndfielSwipe Right PRtencent@swiperight.ggRelated Videohttps://www.youtube.com/watch?v=8O_L8APT51YSOURCE: Level Infinite Copyright 2025 ACN Newswire via SeaPRwire.com.
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Everest Medicines Expands Strategic Investment in I-MAB to Advance the Global Value of Its Proprietary Next-Generation Cancer Immunotherapies ACN Newswire

Everest Medicines Expands Strategic Investment in I-MAB to Advance the Global Value of Its Proprietary Next-Generation Cancer Immunotherapies

HONG KONG, Aug 2, 2025 - (ACN Newswire via SeaPRwire.com) - Everest Medicines (HKEX: 1952.HK) today announced a strategic equity investment in I-Mab (NASDAQ: IMAB), under which Everest will invest US$30.9 million (equivalent to approximately HK$242.6 million) in cash. Upon completion of the subscription and inclusive of shares already held, Everest will own approximately 16.1% of I-Mab’s total outstanding shares.Under the terms of the agreement of this offering, Everest will subscribe for 15,846,154 newly issued American depositary shares (ADSs) of I-Mab at a price of US$1.95 per ADS, for a total consideration of US$30.9 million. Upon completion, Everest will hold a total of 15,846,154 ADSs and 6,078,571 ordinary shares, representing approximately 16.1% of I-Mab’s total issued share capital, inclusive of 6,078,571 ordinary shares it already owns. In addition to Everest, several leading global institutional investors are participating in this offering, including Janus Henderson Investors, Adage Capital Partners LP, Woodline Partners, and Exome Asset Management.This strategic investment marks a significant step in Everest’s ongoing efforts to strengthen its position in next-generation cancer immunotherapy. It also reflects the strong clinical and business development complementarity and synergy between the two companies. I-Mab’s Claudin 18.2 x 4-1BB bispecific antibody, givastomig, demonstrated an impressive overall response rate (ORR) of 83% in combination with immunotherapy in a Phase 1b trial for first-line gastric cancer. I-Mab’s differentiated 4-1BB receptor-targeting platform and bispecific antibody pipeline are highly complementary with Everest’s existing mRNA cancer vaccine and in vivo CAR-T platforms.In addition, I-Mab’s unique clinical translational capabilities, particularly in the U.S., combined with Everest’s clinical capabilities in Asia, could help accelerate the development and global expansion of pipeline products for both companies.“This strategic equity investment furthers our plan to be an active player in next-generation oncology programs across global markets. Everest and its Board of Directors believe this investment recognizes I-Mab’s unique clinical translational capabilities in the U.S., which are complementary and synergistic with the Company’s strong Asia presence,” said Rogers Yongqing Luo, Chief Executive Officer of Everest Medicines. “As a biotech pioneer in China, Everest has built internally developed pipeline assets including mRNA therapeutic cancer vaccines and in vivo CAR-T therapies targeting cancer and autoimmune diseases. Our areas of focus meaningfully intersect with I-Mab’s differentiated 4-1BB platform and bispecific antibody pipeline, including oncology candidates Givastomig (Claudin 18.2 x 4-1BB bispecific antibody) and Ragistomig (PD-L1 x 4-1BB bispecific antibody), both promising programs that we are closely watching. Furthermore, both companies may be able to leverage their combined expertise to run clinical programs in both China and the U.S. Everest is proud to develop innovative and valuable therapies that can benefit cancer patients globally.”The strategic equity investment not only strengthens Everest Medicines’ position in next-generation immuno-oncology, but also extends the global development path of its proprietary AI-powered mRNA platform. As a key pillar of Everest’s “dual-engine” strategy of in-licensing and internal innovation, the company has made solid progress in building and internationalizing its AI+mRNA platform. Multiple pipeline programs are advancing in preclinical research, with a strong focus on oncology and autoimmune diseases. Looking ahead, Everest will accelerate global clinical development and regulatory efforts, while actively exploring collaborations with leading international biopharmaceutical companies to maximize the value of its platform and bring breakthrough therapies to patients worldwide. Copyright 2025 ACN Newswire via SeaPRwire.com.
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TSE Group Launches Papua’s First POME-to-Energy Plant ACN Newswire

TSE Group Launches Papua’s First POME-to-Energy Plant

MERAUKE, Indonesia, Aug 1, 2025 - (ACN Newswire via SeaPRwire.com) - Berkat Cipta Abadi (BCA), a subsidiary of oil palm plantation and processing giant Tunas Sawa Erma (TSE) Group, launched a biogas and compressed biomethane gas plant in Papua. The plant will help TSE Group manage their production waste better and create a practical energy solution, while marking an important milestone in the company’s journey toward its vision and net-zero emissions.The South Papuan Governor (fourth from right), Merauke Regent, and Tunas Sawa Erma (TSE) Group CEO with state officials and company executives after a plaque signing marking the launch of TSE's renewable energy plant in Merauke Regency, South Papua (Aug 1, 2025)"What we're launching today is the product of our vision at TSE Group. We're aiming to build an efficient, advanced industry that's also sustainable, environmentally safe, and community-orientated,” said TSE Group's CEO Robert Seung in his opening speech.The biogas and compressed biomethane gas (CBG) plant will convert 1,000 m³ of palm oil mill effluent (POME) into methane on a daily basis, with most of the output providing environmentally friendly electricity for BCA's factories and administrative buildings.The remaining gas will be compressed and used to fuel electricity generators in some parts of the operational site. This way, diesel consumption can be further reduced by 1 million litres per year, ensuring greater energy efficiency across TSE Group offices.TSE Group CEO Robert Seung leads Merauke Regent Yoseph B. Gebze (R) and South Papuan Governor Apolo Safanpo (L) on a demonstration tour of the new biogas and compressed biomethane gas (CBG) plants on Friday (Aug 1, 2025).BCA expects to benefit from annual cuts in emissions reaching 60,708 tonnes, a power supply of 2 megawatts for its 150-tonnes-per-day palm kernel crushing plant, and an annual diesel reduction of 4 million litres.Friday's launch also opened a new chapter in POME-based energy adoption and public-private collaboration supporting Indonesia's carbon-slashing NDC commitment. This commitment also aligns with the Paris Agreement's target to limit global warming to 2°C.The first of its kind in the region, the facility was inaugurated in a ceremony entitled "Green Power, Born from Waste: Papua's First Biogas Power Launch," attended by South Papuan Governor Apolo Safanpo, Merauke Regent Yoseph B. Gebze, South Papuan People's Assembly Chairman Damianus Katayu, Merauke Regional People’s Representative Council members, Merauke Departmental Police Force leader Leonardo Yoga, and other local state officials.TSE Group CEO Robert Seung explains Papua's first POME-to-energy plant to visitors on hand for the plant's inauguration on Friday (Aug 1, 2025)South Papua Governor Apolo Safanpo showed his support, saying the biogas plant aligns with state plans to achieve food and energy independence. "It's a good start to food and energy independence. Thank you, TSE Group, for initiating biogas development in Papua. I hope this site sets an example for regions outside Merauke Regency."Similar praises were echoed by Merauke Regent Yoseph B. Gebze. "On behalf of the Merauke government and people, we want to congratulate TSE Group for the launch. We hope this renewable energy facility propels a region-wide shift towards eco-friendly developments."Biogas facilities will be built in five other locations belonging to TSE Group subsidiaries. In the meantime, the corporation will expand its green initiatives, e.g., EV, solar energy, and eco-friendly fertiliser use in its operations. TSE Group believes its efforts would encourage more palm oil players to achieve end-to-end sustainability and bring a better future for all.For more information, please visit https://www.tsegroup.co.id or contact the TSE Group at pr@tsegroup.co.id. Copyright 2025 ACN Newswire via SeaPRwire.com.
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A Bold New Chapter Begins at CEO SUITE ACN Newswire

A Bold New Chapter Begins at CEO SUITE

HONG KONG, Aug 1, 2025 - (ACN Newswire via SeaPRwire.com) - CEO SUITE, Asia’s leading premium workspace provider, is pleased to announce the appointment of Paul MacAndrew as its new Chief Executive Officer, effective immediately.With over 20 years of leadership experience across Asia Pacific, Europe, and the UK, Paul brings a proven record of business transformation, strategic growth, and customer-driven innovation. Most recently, he led 136 locations across 8 countries as Regional Senior Vice President, Asia Pacific at a global flexible workspace brand—achieving consistent double-digit growth.As CEO, Paul will guide CEO SUITE into its next chapter of innovation, agility, and global expansion beyond Asia, reinforcing the company’s position as the trusted business hub for modern enterprises.“We are excited to welcome Paul to the CEO SUITE family!” said Ms. Mee Kim, President and Founder of CEO SUITE. “Under his leadership, we are launching an AI-powered workspace built for the MZ digital generation. This marks a bold new phase of smarter workspaces, faster growth, and broader global presence.”Founded in 1997 by Ms. Mee Kim, a pioneer in the coworking industry with over 36 years of experience, CEO SUITE is the only coworking company powered by a team of over 200 top industry professionals, many of whom have been with the company for over 10 to 25 years. This rare depth of expertise and loyalty ensures exceptional service, long-term stability, and unwavering commitment to client success.Now in its 28th year, CEO SUITE operates 21 locations across 11 major Asian cities, continuing to shape the future of work—powered by technology, human connection, and professional excellence.www.ceosuite.com Copyright 2025 ACN Newswire via SeaPRwire.com.
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Shoucheng’s Capital Leap: Zhao Tianyang Drives 2025 Upswing ACN Newswire

Shoucheng’s Capital Leap: Zhao Tianyang Drives 2025 Upswing

HONG KONG, Aug 1, 2025 - (ACN Newswire via SeaPRwire.com) - The year 2025 marks the resurgence of industrial capital focused on long-term value creation. Recently, Shoucheng Holdings (0697.HK) stands out with a multidimensional breakthrough—racking up investment successes, winning multiple institutional and individual awards, executing steady share buybacks, and receiving bullish analyst ratings. The company's long-term roadmap anchored in hard-tech and industrial depth is beginning to pay off rapidly.I. From Awards Powerhouse to Hard-Tech Benchmark: Zhao Tianyang’s Investment Strategy Gains Mainstream RecognitionIn July 2025, Zhao Tianyang, Chairman of the Board and Executive Committee of Shoucheng Holdings, was named on multiple prestigious lists by Caijing, Securities Times, and 36Kr, including “CVC & Industrial Capital Top 50 Investors,” “Investor of the Year,” and “Top 100 Most Popular Investors Among Founders.” His personal style and Shoucheng’s synergistic strategy are earning high recognition from both the industry and capital markets.Simultaneously, Shoucheng Holdings was awarded “Outstanding Frontier Technology Investment Institution,” “Top 100 Private Equity Institutions,” and “Best Emerging Healthcare Investor,” marking strong market validation for its heavy investments in robotics, frontier tech, healthcare, and new energy.Zhao’s success is no accident. In recent years, he has led strategic early bets on companies like Unitree, Galbot, Noetix Robotics—many of which are leaders in humanoid robotics, surgical AI, or quantum health. His ability to connect investment with real-world deployment has made him a standout figure in industrial capital.II. From Betting on Underdogs to Ecosystem Realization: Robotics Strategy Goes Deep2025 is a pivotal year for robotics, transitioning from tech validation to scaled delivery. As early as 2024, Shoucheng partnered with Beijing’s state asset authority to launch a multi-billion yuan “Beijing Robotics Industry Development Investment Fund.” The fund has backed humanoid, medical, and industrial robots, creating a full-cycle loop from procurement to deployment to reinvestment.The strategy is now paying off. In July, Tsinghua’s Fire God team—powered by Shoucheng-backed Booster Robotics—won China’s first championship in the RoboCup humanoid division. Unitree has entered the IPO fast track. Several portfolio companies—Galbot, Noetix—made headlines at WAIC and the Humanoid Robot Games, marking their transition from R&D to market presence.Meanwhile, Shoucheng is offering real deployment scenarios for robotics—like REIT-backed industrial parks and transport hubs—creating a feedback loop of demand validation and product iteration. This accelerates its shift from investor to ecosystem co-builder.III. Capital Actions Speak Louder: Buybacks and AAA Ratings Support FundamentalsOn the financial front, Shoucheng has been assertive. Since July, the company has repurchased over 36 million shares, investing more than HK$66 million, with stable prices between HK$1.80 and HK$1.87—effectively supporting its share price and liquidity.At the same time, Shoucheng once again received dual AAA long-term issuer ratings from CCXI and United Ratings—China’s top two rating agencies—for the third consecutive year. This affirms its capital structure, financial robustness, and credibility, making it a rare AAA-rated tech-infrastructure hybrid in the Hong Kong market.Reports cite Shoucheng’s strong shareholder support and steady cash flow from parking and industrial space management as key enablers for its long-term tech investments.IV. Analysts Align: “Smart Infrastructure Platform” Logic Gains VisibilityOn July 30, Dongbei Securities initiated coverage on Shoucheng with a buy rating, forecasting a 15% outperformance over the next six months. The report praises Shoucheng’s transition from “traditional asset operator” to “smart infrastructure platform” and its dual-track approach of capital + scenarios in robotics.Previously, leading brokerages including CICC, CSC Financial, and GF Securities had also issued positive ratings, commending the company’s systematic playbook in robotics, new energy, and medtech.Analysts agree: Shoucheng’s integrated model—investment + operation + application—has built a robust, defensible platform that could define smart infrastructure in the Hong Kong market.V. Execution Defines Moat: A Capital Force That Transcends CyclesIn a volatile macro and industry environment, Shoucheng shows strong stability from opportunity identification to value realization. Zhao Tianyang and his team are answering the call of our times: industrial capital isn’t just about foresight—it’s about delivery.As commercial robotics, healthcare recovery, and hard-tech globalization gather steam, Shoucheng stands at the dawn of a harvest cycle. This time, it’s not just telling stories. It’s collecting the rewards.Posted by All Way Success Company Limited for Shoucheng Holdings www.shouchengholdings.com [HKSE:0697, FRA:SHVA, OTCPK:SHNHF] Copyright 2025 ACN Newswire via SeaPRwire.com.
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GTJAI Successfully Issued the First Publicly Offered Digital Bond of a Chinese Securities Firm ACN Newswire

GTJAI Successfully Issued the First Publicly Offered Digital Bond of a Chinese Securities Firm

HONG KONG, August 1, 2025 - (ACN Newswire via SeaPRwire.com) - Recently, Guotai Junan International Holdings Limited (“GTJAI” or the “Company”, stock code: 1788.HK), a company of Guotai Haitong Group, successfully issued its first digitally native bond. This bond, the first digital bond via public offering issued by a Chinese securities firm, was structured as a direct issue, denominated in U.S. dollars, with an amount of no more than US$300 million and a maturity of 3 years. GTJAI acted as left lead joint global coordinator and B&D bank for this issuance, using HSBC Orion1 as the digital assets platform.Digital bonds are bonds issued using blockchain or decentralized ledger technology (DLT). Their core features are digitization, programmability, and automated execution, which provide greater transparency, reducing costs and risks of settlement failures. In recent years, GTJAI has been making breakthroughs in the field of financial innovation and has actively led the innovative development of digital finance and digital asset business, of which the issue of digital bonds is one of the important initiatives in its deployment of blockchain technology and digitalized finance. In the first half of 2025, the Company submitted its digital bond business plan and received confirmation from the Hong Kong Securities and Futures Commission that it had no further questions on the plan and formally commenced its digital bond issue business.Mr. Zhang Xueming, Chief Financial Officer of GTJAI, said, “Successfully issuing the first publicly offered digital bond of a Chinese brokerage firm is a testament to our unwavering commitment to financial innovation and a showcase of our professional capabilities in digital finance and contribution to promoting digital assets. This transaction not only enhances operational efficiency and transparency for our clients and investors but also solidifies GTJAI’s leadership in pioneering next-generation capital market solutions.”Mr. John O’Neill, Group Head of Digital Assets & Currencies at HSBC, said, “We are pleased to support GTJAI in the first digital bond issuance by a Chinese brokerage firm in Hong Kong. This transaction demonstrates the capabilities of HSBC Orion to enable both a broader range of digital bonds and issuers. At HSBC, we are committed to building liquidity in digital fixed income, and see more corporates and financial institutions recognising the benefits of digital assets."The Company will also take this issue as an opportunity to further explore innovative directions such as cross-border digital asset circulation and the digitization of green finance, with a view to providing more digital solutions to the global financial market and contributing to the intelligent transformation and sustainable development of the international financial system.Notes:(1)HSBC Orion refers to the distributed ledger technology (DLT) platform deployed by HSBC to Central Moneymarkets Unit (CMU) as the DLT Platform Operator for the purposes of, among other things, creating and settling the DN Notes.About GTJAIGuotai Junan International (“GTJAI”, Stock Code: 1788.HK), a company of Guotai Haitong Group, is the market leader and first mover for internationalization of Chinese Securities Company as well as the first Chinese securities broker listed on the Main Board of The Hong Kong Stock Exchange through initial public offering. Based in Hong Kong with subsidiaries in Singapore, Vietnam and Macau, GTJAI’s business covers major markets around the world, offering high-quality and diversified comprehensive financial services for clients' overseas asset allocation. Core business includes brokerage, corporate finance, asset management, loans and financing, financial products, which cover three dimensions including individual finance (wealth management), institutional finance (institutional investor services and corporate finance) and investment management. GTJAI has been assigned “Baa2” and “BBB+” long term issuer rating from Moody and Standard & Poor respectively, as well as an MSCI ESG “A” rating, Wind ESG “A” rating and SynTao Green Finance “A” rating in ESG. Additionally, its S&P Global ESG score leads 84% of its global peers. The controlling shareholder, Guotai Haitong Securities (Stock Code: 601211.SH; 2611.HK), is the comprehensive financial provider with a long-term, sustainable and overall leading position in the China’s capital markets. For more information about GTJAI, please visit https://www.gtjai.com Copyright 2025 ACN Newswire via SeaPRwire.com.
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Scipio Capital Advisors Capital Raise puts Alternative Asset Yield Within Reach of Accredited Investors ACN Newswire

Scipio Capital Advisors Capital Raise puts Alternative Asset Yield Within Reach of Accredited Investors

MIAMI, FL, July 31, 2025 - (ACN Newswire via SeaPRwire.com) - "Our mission has always been clear: unlock high-yield investment opportunities while empowering underserved markets," said Will Panter, Managing Partner at Scipio Capital Advisors. "We're proud to consistently deliver stable, reliable income streams-both to individual investors and to institutional partners who trust our strategy."Scipio Capital Advisors, a Miami-based private investment firm specializing in high-yield, collateral-backed strategies, announced continued accelerated growth in 2025 amid surging demand for monthly dividend income and market-agnostic investment vehicles.In the first half of the year, the firm experienced a substantial increase in capital commitments from accredited investors-primarily family offices-who are seeking dependable alternatives to traditional equity exposure in light of persistent market volatility. Scipio's flagship offering delivers generous monthly dividends, targeting 18-20% annually, backed by tangible, income-producing assets. Investors today aren't just chasing upside-they're prioritizing predictable income and capital preservation.What truly sets Scipio apart:Consistent monthly cash flow through structured, collateral-backed lendingPhysical asset-based credit models that mitigate market correlationRevenue-driven lending for underserved businesses with scalable impactWhite-glove client experience tailored to discerning investors"In an unpredictable financial landscape, our objective remains steadfast: deliver high-yield, low-volatility income with built-in downside protection," said Panter. "We've done this, month after month-and earned the confidence of those who rely on our disciplined, real-world approach."Scipio Capital Advisors, a Florida-based alternative asset manager, today announced the launch of two synergistic investment vehicles-the SCA Principal Alpha Fund and the SCA Equity Alpha Fund-with a combined capital target of $100 million. Structured under Rule 506(c)Click below and connect with us - if you have made it this far down the article, you are likely the people we want to speak withWilliam PanterCo-Founder: Scipio Capital Advisors954-405-6344239-887-7795ContactSOURCE: Scipio Capital Advisors Copyright 2025 ACN Newswire via SeaPRwire.com.
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Champion REIT Hosts ESG-Themed Event for a Third Year, Redefining Value and Sustainable Future of Commercial Properties Through Innovation ACN Newswire

Champion REIT Hosts ESG-Themed Event for a Third Year, Redefining Value and Sustainable Future of Commercial Properties Through Innovation

HONG KONG, July 31, 2025 - (ACN Newswire via SeaPRwire.com) - Champion Real Estate Investment Trust (“Champion REIT” or the “Trust”) (Stock Code: 2778), owner of Three Garden Road and Langham Place, is pleased to announce the grand opening of its third annual ESG-themed event, the “ESG Gala”, which is held between 29 July and 1 August. Building upon the success of the prior ESG forums, this year’s gala features a broader scale and more diversified content, reaffirming the Trust’s commitment to sustainable development and ESG practices.As an industry pioneer in ESG initiatives, the Trust has redefined commercial properties and their business values through forward-thinking strategies. Under the theme of “Innovation - Inspiration - Integration”, the ESG Gala drives transformative change and reinforces the Trust’s industry leadership.From Asset Manager to “Super Value-Adder”: Building Shared ValueThe Trust has transformed its role beyond traditional asset management, emerging as a catalyst to foster cross-sector collaboration and knowledge exchange. By embedding ESG at the core of its operation, the Trust has developed a vibrant platform connecting more than 500 tenants and partners, driving green operations and inclusive culture, while creating shared values for all stakeholders.- ESG-themed Events and Impact: For three consecutive years, the Trust has staged ESG-themed events that united cross-sector resources and engaged tenants across finance, retail, dining, and beauty industries. These initiatives have drawn over 50,000 participants, substantially amplifying reach and creating lasting value for all stakeholders through collaboration.- Smart Technology for Carbon Reduction: The Trust has implemented innovative technologies such as AI-powered chiller optimisation system at Three Garden Road. This intelligent solution analyses real-time weather patterns to forecast cooling demand, significantly improving energy efficiency and reducing carbon emissions.- Green Transformation among Tenants: Since October 2024, the EcoChampion Pledge has been expanded to include retail tenants alongside office tenants. Notable participants included BlackRock Asset Management North Asia Limited, Citi, ICBC International Holdings Limited, LSEG, Adidas, Kabushikigaisha Limited, and perFACE. The programme has achieved remarkable results:80% of participating tenants established energy consumption targets100% of participating tenants implemented at least three types of waste recycling6% average reduction in energy use intensity over the past six months compared to previous year's average[1]Engaged over 100 participants through three green workshops and guided tours during the yearAligning with Hong Kong’s Vision of Green Innovation and Smart City DevelopmentThe Trust actively supported the Hong Kong SAR Government’s innovation agenda and the Smart City Blueprint. Going beyond enhancing our own ESG performance, the Trust has built a comprehensive value chain that amplifies sustainable development, delivering exceptional value for both tenants and investors.The Trust leverages cutting-edge technology and intelligent data system to optimise resource efficiency and enhance environmental monitoring, creating a smarter and sustainable business environment that delivers long-term value for our tenants. Simultaneously, the Trust actively pursues sustainable finance opportunities through instruments like sustainability-linked loans, further strengthening our green finance capabilities.Technology-driven Sustainability: Ushering A New Era of Healthy LivingBeyond its commitment to innovative technologies, the Trust also prioritises the holistic community well-being. On the opening day of the event, three-time Olympic swimmer and Hong Kong’s record-breaking swimmer, Camille Cheng, shared insights on physical and mental resilience from an athlete’s perspective. The Trust also partnered with Intellect, a startup platform, to showcase how technology can enhance employees’ wellness. Additionally, the Trust will collaborate with PURE Fitness to organise a Sports Day that offers tenants AI-enabled health management solutions.In addition, Langham Place Office Tower leads the industry with its pioneering “6D Wellness” concept. Key initiatives include a dedicated YouTube channel (@6dwellnesslp) and Social Wellness Hall at Eaton Club, bridging online and offline platforms to promote holistic wellness. The ESG Gala featured a wellness day, engaging tenants through industry forums, sports demonstrations, and immersive activities focused on physical, mental, and spiritual health. The "6D Wellness Hub" grandly opened at Langham Place Office Tower, featuring artist Louis Cheung and internationally renowned landscape photographer Kelvin Yuen as launch guests. During the event, Louis shared tips for enhancing wellness and announced his coming feature on the 6D Wellness YouTube channel, discussing insights on smart wellness and family happiness. Meanwhile, Kelvin unveiled his photo exhibition and launched a photography competition aimed at unleashing the potential and creativity of young people.Youth Engagement and Inclusion: Inspiring the Next Generation of Sustainable LeadersThe Trust hosted an art guided tour, engaging students with art exhibitions and interactive indoor sports. In support of the government-led “Strive and Rise Programme”, the Trust will organise a private film screening at Langham Place on 1 August, featuring a local animator, the Tsui Brothers, to share career advice inspiring teenagers to explore diverse career paths.A special art exhibition was hosted in collaboration with LoveXpress, an NGO dedicated to empowering individuals with autism. Titled “Colours of Inclusion: Hong Kong through Alvin’s Eyes”, the exhibition took place at Three Garden Road from 29 July and 8 August, showcasing the artworks by Alvin Li, a young artist with autism and intellectual disabilities. His artworks highlighted the power of inclusive art in the community.Ms Christina Hau, Chief Executive Officer of Champion REIT, said, “Over the years, we have redefined traditional asset management by forging a robust network of strategic partnership and resources, evolving from a conventional asset manager into a ‘Super Connector’ and ultimately a ‘Super Value-adder’ in the industry. Through innovation and collaboration, we unite stakeholders and foster synergies to drive meaningful impact. Our commitment to a sustainable future integrates technological innovation with human-centric care. The ESG Gala embodies this vision, demonstrating how innovative technologies enhance physical and mental well-being, inspire the next generations and foster social inclusion. At Champion REIT, we are more than an asset manager, we are catalysts for shared value, dedicated to co-creating a greener, more inclusive, and smarter future."Ms Camille Cheng, Three-time Hong Kong Olympic Swimmer & Co-Founder of Mind the Waves, said: “As an athlete, I deeply understand that mental and physical well-being is the foundation for continuous breakthroughs. Whether facing athletic challenges or life’s adversities, true resilience lies not only in perseverance, but also in the ability to reset and rise again from setbacks. I resonate with the mental pressures faced by young people in Hong Kong today, and I'm grateful to be part of the ESG Gala to share my personal journey as an athlete. I hope to encourage the younger generation to care for themselves, prioritize their mental and emotional health, and boldly live out their true value in this ever-evolving world.”Ms Kitty Poon, Founder of LoveXpress, said “We are deeply grateful for the collaboration with Champion REIT to organise this art exhibition, which provides a platform to showcase the works of young autistic artist, Alvin Li. This partnership not only celebrates Alvin's exceptional artistic talent, but more importantly, marks a crucial step forward in fostering social understanding and acceptance of the autistic community. Through art, we can transcend barriers and nurture a truly inclusive society.”Appendix 1: Participants of EcoChampion PledgeThree Garden Road1BlackRock Asset Management North Asia Limited2Citi3CMC Capital Partners HK Limited4Eaton Club5Fosun International Limited6Fosun Wealth International Holdings Limited7Huajin Financial (International) Holdings Limited8ICBC International Holdings Limited9Keysen Property Management Services Ltd – Three Garden Road Management Office10LSEG11The Executive CentreLangham Place Office Tower12Erigeron Company Limited13Eagle Property Management (CP) Limited14Eaton Club15perFACELangham Place Mall16Adidas Hong Kong Ltd17Thai Chill18Benefit Cosmetics19Edko Film Ltd.20Ice Fire International Co. Ltd21Kabushikigaisha Limited22Kidsland LCS Limited23Pig Pig Candy24S A Accessories25Sabon26The Coffee Academics27Too Chill for Yoga*in alphabetical orderPhoto caption:Champion REIT ESG Gala provides a platform to foster cross-sector collaboration and knowledge exchange, driving green operations and inclusive cultureA group of seasoned ESG practitioners engaged in the panel discussion of Green TransformationIn the presence of Ms Christina Hau and officiating guests, a group of tenantsparticipated in the EcoChampion Pledge Engagement CeremonyMs Camille Cheng, three-time Hong Kong Olympic Swimmer & Co-Founder of Mind The Waves encouraged the young generation to care for themselves and boldly live out their true valueAbout Champion REIT (2778)Champion Real Estate Investment Trust is a trust formed to own and invest in income-producing office and retail properties. The Trust focuses on Grade-A commercial properties in prime locations. It currently offers investors direct exposure to nearly 3 million sq. ft. of prime office and retail area. These include two Hong Kong landmark properties, Three Garden Road and Langham Place, as well as a joint venture stake in 66 Shoe Lane in Central London. The Trust has been awarded the top five-star rating by GRESB since 2023. Champion REIT is managed by Eagle Asset Management (CP) Limited, a member of the Great Eagle Group.Website: www.championreit.com[1] Based on the analysis of energy usage data submitted by tenants participating in the third phase of the programme Copyright 2025 ACN Newswire via SeaPRwire.com.
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Wintermar Offshore (WINS:JK) Reports 1H2025 Results ACN Newswire

Wintermar Offshore (WINS:JK) Reports 1H2025 Results

JAKARTA, July 29, 2025 - (ACN Newswire via SeaPRwire.com) - Wintermar’s Operating Profit jumped 55.8%YOY to US$8.9million for 1H2025, derived from 17% growth in Owned Vessel Revenue in 1H2025 and higher gross margins from better fleet mix and higher charter rates.Owned Vessel revenues were higher in 1H2025 compared to 1H2024 despite lower utilization due to better yielding vessels in operation in 1H2025. Owned Vessel DivisionAlthough the number of vessels has not changed, fleet composition has improved with 2 additional PSVs in operation in 1H2025 as well as 3 newly delivered HLBs which 2 units commenced work in April 2025 and 1 unit in July 2025. With 4 additional units of higher yielding vessels in operation compared to last year, gross margins from the Owned Vessels Division expanded from 29.6% in 1H2024 to 39.1% in 1H2025. This resulted in a 54.4%YOY jump in Gross Profit growth for the Owned Vessel Division to US$12.4million, despite a fall in utilization from 63.7% in FY2024 to 57.9% in 1H2025.Despite a slower first half of the year which caused a dip in utilization, the Company reaped the benefit of improving average charter rates from a higher number of operational vessels at the higher value segment of the fleet. Owned Vessel Expenses increased by 22%QOQ from 1Q2025 to 2Q2025 due to an increase of fleet as well as Operational costs. Chartering Division and Other ServicesChartering revenues experienced a sharp decline, as several vessels ended a contract which has not been renewed. Gross Profit from Chartering fell from US$0.7million in 1H2024 to US$0.2million in 1H2025.Gross Profit from Other Services fell to US$1.4million (-11.5%YOY) in1H2025 in line with the lower vessel utilization for the period compared to last year. Direct Expenses and Gross ProfitTotal Owned Vessel Direct Expenses rose only slightly by 1.3%YOY to US$19.4million for 1H2025. The largest increase came from Fuel Bunker costs which rose to US$1.4million (+46.1%YOY) due to the mobilization of vessels to overseas contracts. All other costs were lower except for Fleet Maintenance which rose 2.2%YOY to US$4.1million in 1H2025.On a quarterly basis, there were higher operational and maintenance costs in 2Q2025 compared to 1Q2025 due to the preparation and mobilization of a mid-tier vessel for a long-term contract in the Middle East. Indirect Expenses and Operating ProfitTotal Indirect Expense rose by 11.0%YOY to US$5.1million in 1H2025. The largest increase came from salary and employee benefits which rose by 10.0%YOY and 16.9%YOY to US$3.8million and US$0.2million respectively. With the improvement in business conditions and a wider geographic spread of operations, there was an increase in the number of employees in 2025 compared to last year. Telecommunications and marketing costs also rose with more international projects and higher costs of bid bond fees in the tender process.Due to good cost control, Operating Profit for 1H2025 jumped by 55.8% to US$8.9million from US$5.7million in the previous year. Other Income, Expenses and Net Attributable ProfitAs the Company refinanced the newly acquired vessels from the past year, interest expenses rose to US$1million for 1H2025, while interest income also doubled to US$0.3million due to strong operational cash flow.There was a turnaround in Equity in net earnings of Associates from a loss of US$0.4million in 1Q2025 to a profit of US$0.7million in 2Q2025. This resulted in a gain of US$0.6million from Investment in Associates for 1H2025, slightly lower than US$0.8million in 1H2024.During 2Q2025, management successfully sold a smaller mid-tier vessel for a profit, resulting in a net gain on sale of fixed asset of US$1.7million. This is in line with the continued fleet renewal program where smaller mid-tier vessels which are lower yielding will continue to be sold off to concentrate the fleet on larger and higher yielding vessels. However, this cannot compare with the significant one-off gain of US$17.4million recorded in 1H2024 primarily from the sale of a platform supply vessel. Therefore, total Other Income was US$1.7million for 1H2025 as compared to US$17.4million in 1H2024 which included the one-off vessel sale.Net income before tax for 1H2025 totalled US$10.7million, compared to US$23.2million in 1H2024. This 53.8% decline does not reflect the underlying improvement in the core business as 1H2024 profit included the sizable one-off gain from the vessel sale. Non-Controlling Interest fell from US$6.4 million in 1H2024 which included some profit from the sale of vessel to US$2.7 million in 1H2025. The group’s EBITDA jumped by 25.8%YOY for 1H2025, reaching US$16.0 million compared to US$12.7million in 1H2024.Stripping out the impact of vessel sales, the underlying profit for 1H2025 was US$ 5.4million compared to US$4.9million in 1H2024 representing a growth of 10.1%YOY.Industry Outlook There are growing signs of a pivot from renewable energy back to hydrocarbons as the world faces a growing need for energy while renewable sources of fuel are still insufficient and less economical. The continuing uncertainty in the Middle East and ongoing wars in Ukraine and Gaza have put pressure on governments around the world to seek energy security. In addition, the increasing need for energy for the “Green Transition” and data centres has led to a resurgence of demand for oil and gas. These factors have led to projections for global investment in oil and gas being maintained above US$610 billion in the coming years, with a steadily growing share invested into offshore fields. In Indonesia, the government has continued to push for self-sufficiency in various sectors, with energy being one of the sectors benefitting from this plan. There are at present four sizeable strategic national projects in Indonesian offshore fields which are currently in the early stage of exploration and where production is expected from 2026-2030. These projects will sustain demand for OSVs in Indonesia in the coming years.Business ProspectsThe Company’s focus on developing a strong presence in the dynamic positioning segment is bringing in benefits of a higher blended fleet charter rate which has led to higher gross margins. The 3 units of newly built HLB which commenced work in April to July 2025 will underpin earnings in 2H2025, and there is a third reactivated PSV expected to be operational at the end of 3Q2025. The investment cycle for oil and gas is still expected to ramp up for the next few years, providing better fleet utilization which will lead to profit upside.The stronger cash flow arising from a low debt position has enabled the Company to continue investing into higher value vessels while selling lower yielding vessels. The additional vessels coming into operation in 2025 will provide upside for 2026 earnings. Total contracts on hand as at end June 2025 has risen to US$70.9 million.About Wintermar Offshore Marine GroupWintermar Offshore Marine Group (WINS.JK), developed over nearly 50 years with a track record of quality that is both a source of pride and responsibility that we are dedicated to upholding, and sails a fleet of more than 48 Offshore Support Vessels ready for long term as well as spot charters. All vessels are operated by experienced Indonesian crew, tracked by satellite systems and monitored in real-time by shore-based Vessel Teams.Wintermar is the first shipping company in Indonesia to be certified with an Integrated Management System by Lloyd's Register Quality Assurance, and is currently certified with ISO 9001:2015 (Quality), ISO14001:2015 (Environment) and OHSAS 18001:2007 (Occupational Health and Safety). For more information, please visit www.wintermar.com.For further information, please contact:Ms. Pek Swan Layanto, CFAInvestor RelationsPT Wintermar Offshore Marine TbkTel (62-21) 530 5201 Ext 401Email: investor_relations@wintermar.com Copyright 2025 ACN Newswire via SeaPRwire.com.
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Over 20 Million Shares Repurchased in Two Days, Shoucheng Holdings Sends a Strong Signal with Decisive Action ACN Newswire

Over 20 Million Shares Repurchased in Two Days, Shoucheng Holdings Sends a Strong Signal with Decisive Action

HONG KONG, July 31, 2025 - (ACN Newswire via SeaPRwire.com) - As Hong Kong’s equity market continues to face valuation pressure and investor sentiment remains cautious, Shoucheng Holdings (0697.HK) has taken decisive action to respond with confidence.According to disclosures filed with the Hong Kong Stock Exchange, the company repurchased 20.65 million shares over two consecutive days on July 29 and 30, 2025, for a total consideration of HKD 37.93 million, with prices ranging between HKD 1.80 and HKD 1.87 per share. This is not the company’s first sizable repurchase this year. In fact, Shoucheng Holdings has repurchased over 36 million shares since July, with total capital deployed exceeding HKD 66 million.At a time when many peers remain on the sidelines, Shoucheng’s sustained repurchases highlight the strength of its conviction and capital position.1. Beyond Price Support: A Declaration of Long-Term Confidence by ManagementShare repurchases are among the most direct signals a listed company can send to the capital markets. Unlike short-term technical interventions, Shoucheng’s proactive repurchase strategy clearly reflects management’s firm belief in the company’s long-term intrinsic value.Management commented:“Our current share price does not fully reflect the company’s fundamentals and industrial potential. At a time of significant undervaluation, we believe it is our responsibility to act decisively and demonstrate long-term confidence. This reflects our accountability to shareholders and our responsibility as an industry-driven enterprise.”Public filings show that Shoucheng has been executing a dual-engine strategy focused on asset operation and asset integration, while expanding into core areas such as REITs investment, smart parking, and industrial real estate. At the same time, it is actively investing in emerging sectors such as robotics and medical technology, creating stronger synergy between capital and industry.2. IPO Pipeline in Motion: Capital Realisation Within ReachRecent developments among Shoucheng’s portfolio companies have further reinforced its long-term outlook.Leading robotics company Unitree Robotics has officially launched its STAR Market IPO process. As a global leader in quadruped and humanoid robotics, Unitree’s upcoming listing is widely viewed as a milestone in the sector’s capital market trajectory. Shoucheng led Unitree’s Series C round in 2024 and continued to participate in subsequent rounds. Based on publicly available data, Shoucheng’s managed Beijing Robotics Industry Development Fund is Unitree’s eighth largest shareholder, positioning the company to be a key beneficiary of its IPO.Meanwhile, cell therapy and immuno-engineering biotech firm IMUNOPHARM has also entered IPO preparation, strengthening Shoucheng’s pipeline of high-potential medical technology exits.With multiple portfolio companies nearing their capitalisation windows, Shoucheng’s continued repurchases not only bolster market confidence but also reflect management’s acute understanding of the disconnect between primary market valuations and secondary market pricing.3. Three Key Conferences Accelerate Robotic Ecosystem MomentumBeyond capital developments, Shoucheng’s industrial strategy is approaching a critical point.In late July, the 2025 World Artificial Intelligence Conference (WAIC) successfully concluded. Several of Shoucheng’s portfolio companies, including Unitree Robotics, Noetix Robotics, DEEP Robotics, Galbot and Matrix showcased their latest advances in intelligent manufacturing and embodied AI.Looking ahead to August, two major robotics events are set to follow: the 2025 World Robot Conference (WRC) and the inaugural World Humanoid Robot Games. As premier global platforms, these events are expected to accelerate industry recognition and application for Shoucheng’s growing robotics ecosystem.Companies under Shoucheng’s portfolio—Unitree, Galbot, Booster Robotics, Noetix, and DEEP Robotics—will participate across key domains, from full-system R&D, control software, and bio-inspired actuators to real-world deployment and developer ecosystems. This reflects Shoucheng’s full-chain capabilities from early-stage investment to platform-level industrial enablement.While many companies remain cautious, waiting for a full market rebound, Shoucheng has already taken proactive steps to communicate its confidence. Its recent repurchases are not merely a price management tool—they are an expression of its strategic direction, execution discipline, and commitment to long-term value creation.As the August industry window opens and IPO progress accelerates, Shoucheng’s repurchase strategy may prove not only timely but also visionary, marking an early confirmation of the company’s future growth trajectory.Posted by All Way Success Company Limited for Shoucheng Holdings www.shouchengholdings.com [HKSE:0697, FRA:SHVA, OTCPK:SHNHF] Copyright 2025 ACN Newswire via SeaPRwire.com.
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New Report Reveals Key Considerations For Successful Distribution Onboarding ACN Newswire

New Report Reveals Key Considerations For Successful Distribution Onboarding

Nashville, TN, July 30, 2025 - (ACN Newswire via SeaPRwire.com) - The Global Technology Distribution Council (GTDC) released its collaborative research report titled "The Distribution Onramp: A Quick-Start Guide for Established and Emerging Technology Vendors" during the GTIA ChannelCon event this week. The engaging new study provides valuable best practices for initiating and developing strong and mutually beneficial relationships between technology suppliers and distributors.In today's fast-paced technology landscape, IT vendors are under immense pressure to scale their sales, technical support and other operations quickly and efficiently to meet market demands and stay ahead of the competition. GTDC's latest report illustrates how a well-designed channel program can create an accelerated path to achieving these goals, particularly if the organization leverages two-tier distribution to cost-effectively expand their reach, enhance customer engagement and drive net new sales. This valuable industry resource emphasizes the importance of initial engagements. The investments vendors make and the best practices they put into place prior to beginning the onboarding process with new distributors are both crucial to the success of these vital partnerships. Aligning sales, marketing and channel-related resources helps reduce the learning curve and creates a stronger and more optimized ecosystem for vendors, distributors, solution providers and the organizations and individual users they support."Successful navigation of the distribution onboarding process increases the value of these relationships across the channel, ensuring quicker and higher returns on investments for vendors and their partner communities," says Frank Vitagliano, CEO of GTDC. "These mission-critical alliances benefit greatly from a solid foundation and continual nurturing, and early adoption of these industry best practices minimizes the chances of making costly mistakes or, worse, failing to capitalize on major business opportunities."The onboarding process is critical for technology vendors looking to establish new relationships with distributors and gain the most leverage from the IT channel. The report highlights several critical steps for ensuring suppliers' success through this journey, including:Complete a market coverage evaluation to identify gaps and opportunities for expansion.Optimize products and services for channel partners/distribution.Align sales and technical competencies to ensure the respective teams can collaborate and help manage lead generation, pipelines and partner support.Establish clear rules of engagement to avoid misunderstandings and partner conflicts.Ensure offerings are "channel-ready" to speed adoption and simplify partner management.Invest in marketing resources and programs to better engage the channel community.Provide technical resources to train and support distributor teams and integration projects.Create clearly defined goals and metrics to track future progress.Fully commit to prospective distribution partners and provide needed/valued resources.IT distribution offers technology vendors an accelerated path to the channel ecosystem and also provides the tools, expertise, and networks to expand their reach up and downstream, enhance partner engagement and generate incremental sales. Successful navigation of the onboarding process increases the value of these relationships across the ecosystem.To access the complete report, visit the GTDC Knowledge Hub.About the GTDCThe Global Technology Distribution Council is the industry consortium representing the world's leading tech distributors. GTDC members drive an estimated $170 billion in annual worldwide sales of products, services and solutions through diverse business channels. GTDC conferences support the development and expansion of strategic supply-chain partnerships that continually address the fast-changing marketplace needs of vendors, end customers and distributors. GTDC members include AB S.A (WSE: ABPL), Arrow Electronics (NYSE: ARW), CMS Distribution, Computer Gross Italia (MI: SES), D&H Distributing, ELKO, Esprinet (PRT.MI), Exclusive Networks (EPA: EXN), Exertis, Infinigate, Ingram Micro (NYSE: INGM), Intcomex, Logicom (CSE: LOG), Mindware, ​ ​Redington Limited (BSE/NSE: Redington), Siewert & Kau, SiS Technologies (HKSE:0529), Tarsus, TD SYNNEX (NYSE: SNX), TIM AG, VSTECS Holdings and Westcon-Comstor.GTDC MEDIA CONTACT:Brian Sherman(814) 882-4432bsherman@commcentric.comSOURCE: Global Technology Distribution Council Copyright 2025 ACN Newswire via SeaPRwire.com.
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HKTDC welcomes the ‘Report on Hong Kong’s Business Environment’ and continues to actively promote Hong Kong’s advantages ACN Newswire

HKTDC welcomes the ‘Report on Hong Kong’s Business Environment’ and continues to actively promote Hong Kong’s advantages

HONG KONG, July 30, 2025 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) welcomes the release of the "Report on Hong Kong’s Business Environment: Unique Strengths under 'One Country, Two Systems'" by the Hong Kong Special Administrative Region (HKSAR) today.Prof Frederick Ma, Chairman of the HKTDC, said, "This report details Hong Kong's business environment and advantages in various sectors, providing concrete analyses with cases and data on business opportunities. It will further attract global businesses to leverage Hong Kong's business platform and professional services."Prof Ma also pointed out that under 'One Country, Two Systems', Hong Kong possesses unique advantages in connecting both Hong Kong and international markets, playing a vital role as a superconnector and super value-adder.He continued, "As an international investment and financial centre, Hong Kong can provide diverse financing channels and options for infrastructure projects in the mainland and other regions, contributing to the high-quality development of the Belt and Road Initiative." The 10th Belt and Road Summit will be held from 10 to 11 September, promoting multilateral cooperation.The HKTDC will continue to align with HKSAR policies, actively promoting Hong Kong's business advantages, facilitating international trade and business activities and providing comprehensive support, especially for SMEs.Media enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Sam HoTel: (852) 2584 4569Email: sam.sy.ho@hktdc.org About HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.
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