LaFleur Minerals to Restart Gold Milling at Beacon Gold Mill in Val-d’Or, Quebec

Acquires Mineral Claims Contiguous to the Swanson Gold Project, QuébecVancouver, British Columbia--(ACN Newswire via SeaPRwire.com - February 28, 2025) - LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) ("LaFleur Minerals" or the "Company") is pleased to provide an update on its plans to restart production activities at its 100%-owned Beacon Gold Mill in Val-d'Or, Québec, Canada (Figure 1 and Figure 2). The Beacon Gold Mill is located in a highly prospective mining region for gold exploration on the mineral-rich greenstone Abitibi Belt, an area with over 100 historical and currently operating mines.BEACON GOLD MILL IS FULLY PERMITTEDThe entirely refurbished Beacon Gold Mill was last fully operational in early 2023 when the price of gold was USD$1,800 per ounce and has been under care and maintenance since that time. As gold approaches a record price of USD$3,000 per ounce, the goal of restarting the Beacon Gold Mill in the coming months is an exceptional opportunity for LaFleur Minerals to also target the custom milling of mineralized material from nearby gold deposits that surround the Beacon Mill. LaFleur Minerals demonstrates significant upside potential by ultimately generating revenue at the current elevated gold prices, with the restart of the Beacon Mill targeting a potential annual production scenario of approximately 30,000 to 40,000 ounces of gold based on the current mill capacity. The Company is currently finalizing the restart costs for the Beacon Mill and expects to have all permits and updates completed by the end of Q2 2025.The entire LaFleur Minerals team has been collectively working toward a successful restart of the Beacon Mill. With the current increase in the price of gold and the fully-permitted Beacon Mill that lies within the prolific Abitibi Gold Belt in the Tier 1 mining district of Val-d'Or, Québec, LaFleur Minerals has a great opportunity to eventually produce gold at Beacon with gold prices at record levels. LaFleur Minerals is now approaching the finish line on many of the fundamental pieces that support this goal including assessing nearby advanced gold deposits and initiating discussions with neighbouring mining companies that could utilize the Beacon Mill to process their bulk samples and future mineralized material through a custom milling agreement for numerous gold deposits in the Val-d'Or region surrounding the Beacon Mill (Figure 3).Paul Ténière, CEO of LaFleur Minerals, stated, "We continue to make great progress in achieving key operational readiness milestones at the Beacon Mill, including ongoing inspections of all equipment and systems and ensuring an adequate supply of spare parts. The highly experienced team at ABF Mines has been diligently working to finalize a detailed plan and the cost to restart the mill with results expected within the next few weeks. We also continue to meet our environmental monitoring and sampling requirements under our permit to operate, which includes completion of fish and wildlife studies within the tailings storage facility (TSF) as required under both provincial and federal environmental regulations. Our consultants are also working with us to evaluate required upgrades to the TSF as we move towards restarting production at the Beacon Mill."SWANSON GOLD PROJECT UPDATEThe Swanson gold project is over 15,000 hectares in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines and Globex Mining. The consolidated Swanson Gold Project covers a major structural break that hosts the Swanson, Bartec, and Jolin gold targets and numerous other showings which make up the Swanson gold project. The Swanson gold project is easily accessible by road with a rail line running through the property, allowing direct access to several nearby gold mills and further enhancing its development potential. The Swanson gold project has had in excess of 36,000m of drilling.The Swanson Gold Deposit hosts:Indicated Mineral Resource:2,113,000 t with an average grade of 1.8 g/t gold, containing 123,400 oz of gold.Inferred Mineral Resource Estimate:872,000 t with an average grade of 2.3 g/t gold, containing 64,500 oz of gold. (MRE source: NI 43-101 technical report, effective September 17, 2024, filed on the Company's SEDAR+ profile).The Swanson Gold Project is located within 50 km of the Company's fully-permitted Beacon Gold Mill, and includes:A mining lease which can be permitted for bulk sampling and future mining scenario.Jolin target (Au): Historical Mineral Resource Estimate(source: GESTIM -1996, GM62629 - historical estimate not compliant with NI 43-101)Bartec target (Au): Historical Mineral Resource Estimate.(source: GESTIM - DV 87-01 - historical estimate not compliant NI 43-101)Recent Exploration Activities:High-resolution airborne magnetics and VLF-EM geophysics program:Completed over the entire Swanson Gold Deposit.Oriented soil geochemistry and prospecting program:Conducted by IOS Géosciences (IOS), with final assay results pending.Induced Polarization (IP) - Resistivity Ground Geophysics Survey:A total of 166 line-km will be surveyed in February 2025 at 200 m line spacings.This will cover the Swanson, Bartec, and Jolin deposits, all of which are advanced gold targets with current and historical mineral resources.LaFleur Minerals is currently working with its consultants to expedite permitting of the Swanson Gold Project with a focus on evaluating its potential to supply mineralized material to the Beacon Gold Mill.LaFleur Minerals is also completing an IP ground geophysics survey on its Swanson Gold Project and is planning an aggressive drilling program for this spring and summer to increase the existing mineral resource for the project including incorporating the Bartec, Jolin, and other gold targets. Other ongoing work includes evaluating the open-pit mining potential of the mining lease at the Swanson gold deposit and planning to advance to a Pre-Feasibility Study and mine permitting.ACQUIRES ADDITIONAL CLAIMS ADJOINING THE SWANSON GOLD PROJECTThe Company is also pleased to announce that it has entered into a Property Purchase Agreement with third-party arm's length vendors (the "Vendors") dated February 28, 2025 (the "Agreement"). Under the terms of the Agreement, the Company is entitled to acquire 100% interest to 17 mining claims covering approximately 699 hectares (the "Claims") contiguous with the Company's Swanson Gold Project ("Swanson") in the Barraute region, north of Val-d'Or, Québec. These Claims are located east of the Swanson gold deposit and mining lease held by LaFleur Minerals.The acquisition terms for the Claims consists of a cash payment totaling $15,000 and the issuance of 150,000 common shares of the Company to the Vendors within 7 business days of approval of the Agreement by the Canadian Securities Exchange ("CSE"). The common shares issued under the Agreement are subject to a statutory hold period in Canada expiring four (4) months and one day from the closing date.For further background information on the Beacon Gold Mill and Swanson Gold Project please refer to the Company's website and recent videos at the following link: https://lafleurminerals.com/valdor.LAFLEUR MINERALS ATTENDING PDAC CONFERENCE IN TORONTO - MARCH 2 TO 5Connect with LaFleur Minerals CEO, Paul Ténière, Technical Advisor/Exploration Manager, Louis Martin, and Senior Advisor, Jean LaFleur, March 2 to 5 at the Toronto Metro Convention Centre for a 1-on-1 meeting to discuss the Company's recent developments and plans moving forward for its Swanson Gold Project and Beacon Gold Mill. Contact info@lafleurminerals.com to book in advance.Figure 1: Photo of interior of Beacon Mill currently undergoing detailed inspections for restartTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6526/242940_2cb6b54a047c48d9_001full.jpgFigure 2: Photo of exterior of Beacon Mill in Val-d'Or, Québec To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6526/242940_2cb6b54a047c48d9_002full.jpgFigure 3: Map of nearby gold deposits within a 50 km radius of the Beacon Gold MillTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6526/242940_2cb6b54a047c48d9_003full.jpgQualified Person Statement All scientific and technical information in this news release has been prepared and approved by Louis Martin, P.Geo., Technical Advisor to the Company and considered a Qualified Person for the purposes of NI 43-101.About LaFleur Minerals Inc.LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) is focused on the development of district-scale gold Deposits in the Abitibi Gold Belt near Val-d'Or, Québec. Our mission is to advance mining Deposits with a laser focus on our resource-stage Swanson Gold Deposit and the Beacon Gold Mill and Property, which have significant potential to deliver long-term value. The Swanson Gold Deposit is over 15,000 hectares (150 km2) in size and includes several prospects rich in gold and critical metals previously held by Monarch Mining, Abcourt Mines, and Globex Mining. LaFleur has recently consolidated a large land package along a major structural break that hosts the Swanson, Bartec, and Jolin gold deposits and several other showings that make up the Swanson Gold Deposit. The Swanson Gold Deposit is easily accessible by road with a rail line running through the property allowing direct access to several nearby gold mills, further enhancing its development potential. Lafleur Minerals' fully-refurbished and permitted Beacon Gold Mill is capable of processing over 750 tonnes per day and is being considered for processing mineralized material at Swanson and for custom milling operations for other nearby gold Deposits.ON BEHALF OF LAFLEUR MINERALS INC.Paul Ténière, P.Geo.Chief Executive Officer E: info@lafleurminerals.comLaFleur Minerals Inc.1500-1055 West Georgia StreetVancouver, BC V6E 4N7Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release.Cautionary Statement Regarding "Forward-Looking" Information This news release includes certain statements that may be deemed "forward-looking statements". Forward-looking statements in this news release include, but are not limited to, statements about the Offering and the Company's expectations with respect to the foregoing. Factors that could cause future results to differ materially from those anticipated in forward-looking statements in this news release include the tax treatment of the FT Shares. All statements in this new release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, political and regulatory risks associated with mining and exploration, risks related to environmental regulation and liability. the potential for delays in exploration or development activities or the completion of feasibility studies, risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits, risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, results of prefeasibility and feasibility studies, the possibility that future exploration, development or mining results will not be consistent with the Company's expectations, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242940 Copyright 2025 ACN Newswire via SeaPRwire.com.
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Josip Heit, Founder of GSB Germany in an Interview on the Future of the Fintech Industry

BUDAPEST, HUNGARY, Mar 1, 2025 - (ACN Newswire via SeaPRwire.com) - INDEX HUNGARIAIndexHU (Hungaria): Mr Heit, thank you very much for taking the time for this interview. Investments in fintech seem to be on the rise again worldwide. How do you see this?Josip Heit: Thank you very much for the invitation. Fintechs have reconfirmed their status as a promising growth sector after a period of investment restraint. We are seeing an upward trend in venture capital financing, particularly in Asia and the United States. Current data from CB Insights and Bloomberg confirm this upswing.IndexHU (Hungaria): To what extent do geopolitical factors and the economic climate influence the fintech market?Josip Heit : Geopolitical tensions can certainly have an on investment decisions and regulatory frameworks. However, the recent easing in certain regions and ongoing digitalisation have strengthened fintech activities overall. In addition, investors and consumers are often looking for more flexible financial solutions in times of higher inflation.IndexHU (Hungaria): Some analysts believe that falling interest rates and better opportunities to raise capital could give fintech companies a strong boost. Do you agree?Josip Heit: Definitely. Low interest rates reduce the cost of borrowing and therefore enable fintechs to grow faster. We are also observing that institutional investors are increasingly channelling funds into technology projects, which greatly benefits fintech start-ups.IndexHU (Hungaria): Payments and wealthtechs appear to be experiencing a strong recovery. What are the reasons for this?Josip Heit : The pandemic has accelerated the global spread of digital payment methods and this trend is continuing. Wealthtechs are benefiting from the fact that private and institutional investors increasingly want to organise their wealth management digitally.IndexHU (Hungaria): How do you assess the cooperation between fintechs and US banks and the future of open banking?Josip Heit : Clearer regulatory requirements have intensified cooperation. Traditional banks benefit from innovations, while fintechs can draw on established customer bases. Open banking promotes transparency and competition. Under Donald Trump's second presidency, fintech companies have gained additional influence in Washington, which may accelerate regulatory development.IndexHU (Hungaria): Recently, regulators in thirty-five US states and Canadian provinces reached an agreement with GSB Germany, the company you founded. Can you explain the most important points?Josip Heit: Of course. The agreement does not provide for any fines, but enables eligible customers in these jurisdictions to receive refunds. An independent administrator, AlixPartners, will take over the settlement of the claims, which started on 21 February 2025 and will end on 22 May 2025. We see this as a constructive solution that reaffirms our commitment to our community.IndexHU (Hungaria): How do you think this agreement will affect GSB Germany's position in the fintech sector?Josip Heit: Our priority is transparency and compliance. By reaching this agreement, we want to strengthen GSB Germany's reputation and focus on providing forward-looking, solid technological solutions to our trusted partners. We have also expressed our willingness to settle with any other US or Canadian regulator on the same terms.IndexHU (Hungaria): Finally, how would you describe the role of unicorns in the fintech sector?Josip Heit : Unicorns attract a lot of attention due to their valuations and illustrate the rapid growth of the industry. Nevertheless, they have to prove the long-term viability of their business models.IndexHU (Hungaria): Mr Heit, as an expert in technological solutions for the fintech industry, thank you for the interview.The information provided in this interview is for general information purposes only and does not constitute financial, investment, legal or other professional advice. Readers should not the content as a reliable basis for financial decisions or forecasts.Press contact:INDEX HUNGARIABalatoni út 2-a-1St FloorB ÉpületBudapest, 1112, HungaryPhone: +36 1 621 0000https://www.IndexRSS.comPresse@IndexRSS.comSOURCE: INDEX HUNGARIA Copyright 2025 ACN Newswire via SeaPRwire.com.
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Chifeng Jilong Gold Mining, the Largest Non-State Owned Gold Producer in China, Announces Details of Proposed Listing on the Main Board of HKEX

HONG KONG, Feb 27, 2025 - (ACN Newswire via SeaPRwire.com) - Chifeng Jilong Gold Mining Co., Ltd. (“Chifeng Gold”), the largest non-state owned gold producer in China, today announced the details of the proposed listing of its shares on the Main Board of The Stock Exchange of Hong Kong Limited (“HKEX”).Chifeng Gold intends to offer an aggregate of 205,652,000 H Shares (subject to the Offer Size Adjustment Option and the Over-allotment Option), of which 20,565,200 H Shares will be for the Hong Kong Public Offering (subject to reallocation and the Offer Size Adjustment Option), and 185,086,800 H Shares will be for the International Offering (subject to reallocation, the Offer Size Adjustment Option and the Over-allotment Option). The Offer Price ranges from HK$13.72 to HK$15.83 per H Share. Assuming that the Over-allotment Option is not exercised, after deducting the underwriting commissions and other estimated offering expenses payable by Chifeng Gold in connection with the Global Offering, and assuming an Offer Price of HK$14.78 per Share (being the mid-point of the indicative Offer Price range), the estimated net proceeds from the Global Offering will amount to approximately HK$2,886.8 million. As part of the Global Offering, Chifeng Gold has the Offer Size Adjustment Option under the Hong Kong Underwriting Agreement, pursuant to which, Chifeng Gold may issue and allot any number of up to an aggregate of 30,847,800 H Shares, representing approximately 15% of the Offer Shares initially offered under the Global Offering, at the Offer Price, to cover additional market demand, if any.The Hong Kong Public Offering will commence on 28 February 2025 (Friday) and will end at noon on 5 March 2025 (Wednesday). Dealing of Chifeng Gold’s H Shares is expected to commence on the Main Board of HKEX on 10 March 2025 (Monday) under the stock code 6693, with each board lot size at 200 H Shares.CITIC Securities (Hong Kong) Limited is the Sole Sponsor. CLSA Limited is the Sponsor-Overall Coordinator, Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager. Macquarie Capital Limited is the Overall Coordinator, Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager. China International Capital Corporation Hong Kong Securities Limited is the Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager.Investment HighlightsChifeng Gold is the largest non-state owned gold producer in China and is mainly engaged in the mining, processing and sales of gold. Its gold Resources and gold production rank fifth among the gold producers in China. Currently, Chifeng Gold owns and operates six gold mines and one polymetallic mine across the world, including China, Southeast Asia, and West Africa. For the three financial years ended 31 December 2023, Chifeng Gold’s total revenue continued to grow, reaching approximately RMB3,782.6 million, RMB6,266.8 million and RMB7,221.0 million, respectively. For the nine months ended 30 September 2024, Chifeng Gold’s total revenue amounted to RMB6,222.8 million.China’s largest non-state owned gold producer with leading production and revenue growth and promising market prospectsFrom 2021 to 2023, Chifeng Gold’s gold production has grown rapidly, with total gold production volume of 260 koz, 436 koz and 461.5 koz, respectively, which represents a CAGR of 33.1%, making it the leading gold producer in terms of gold production growth rate in China during the period. In addition, Chifeng Gold’s domestic gold mines have relatively high ore grades, making them some of the top-tier deposits in China. According to Frost & Sullivan, as of 31 December 2023, Chifeng Gold’s major domestic gold mines, namely the Jilong Gold Mine, Wulong Gold Mine and Huatai Gold Mine, had the highest gold grades among the top five gold producers in China.Chifeng Gold has high visibility and certainties in its production expansion plans for its gold mines and aims to achieve Resources and Reserves enhancement through exploration activities. In terms of overseas gold assets, Chifeng Gold is accelerating the construction of the open-pit and underground mining projects of the Sepon Gold and Copper Mine, which is expected to increase the annual underground mining capacity from the current 536,000 tonnes to 806,000 tonnes by 2025. Meanwhile, Chifeng Gold is accelerating the modelling and study of exploration prospects at Discovery West Deeps and Phavat North with open-pit and underground mining potentials. The annual underground mining capacity is expected to be further increased after 2026 and 2027. In terms of domestic gold assets, Chifeng Gold’s Wulong Gold Mine has been undergoing several technological improvement projects. It is estimated that the annual processing capacity of the Wulong Gold Mine will increase from 578,000 tonnes to approximately 700,000 tonnes by the end of 2024. At the same time, Chifeng Gold has also initiated an expansion project at the Jilong Gold Mine to increase its annual mining capacity to approximately 300,000 tonnes by the end of 2025.Excellent track record of identifying acquisition targets, executing transactions and integrating businesses, with rich overseas experience and strong international reputationChifeng Gold believes that a core competitiveness metric of gold companies is the ability to continuously obtain high-quality mineral resources. Newly discovered gold deposits in China have been limited in recent years, and the grade of gold is generally at a relatively low level. As a result, in addition to developing its existing gold mines in China, Chifeng Gold has strategically focused its expansion plan on identifying and acquiring suitable and high-quality overseas assets to maintain a sustainable growth. As of 30 September 2024, its overseas assets accounted for approximately 65.2% of its total assets, and its overseas revenue accounted for approximately 71.2% of its total revenue. According to Frost & Sullivan, Chifeng Gold is the gold company in China with the greatest overseas presence both in terms of overseas assets contribution as of 31 December 2023 and in terms of overseas revenue contribution in 2023.Chifeng Gold’s management team has profound experience in overseas acquisitions and is highly competent in integrating and operating acquired overseas assets and can leverage its advantages in overseas expansion to achieve sustainable and efficient growth. Similar to Chifeng Gold’s acquisition of the Sepon Gold and Copper Mine in Laos in 2018 and the Wassa Gold Mine in 2022, Chifeng Gold was one of the first large-scale Chinese mining companies operating in Ghana. Chifeng Gold has continued to promote an inclusive culture and localized management and operation concepts during the integration process, establishing a sound relationship with the local governments and local communities, and earning accolades for contributing to regional development. Continuously improving the cost curve to enhance efficiency through technological upgrade and to drive profitabilityChifeng Gold continues efforts to reduce costs and increase the efficiency of its operations, aimed at achieving and maintaining a more favorable position on the cost curve relative to its industry peers. Chifeng Gold’s operational efficiency enhancement surpassed the worldwide industry average by a notable margin and is positioned lower in terms of gold AISC than that of the global average. As of 31 December 2023, Chifeng Gold’s gold AISC stood at US$1,179.1 per ounce, placing it in the first quartile in the worldwide industry, while the global average for the same period was approximately US$1,348.5 per ounce, which is 14.4% higher than Chifeng Gold’s. In 2023, Chifeng Gold decreased its gold AISC by 12.0%, whereas the average AISC for international gold producers increased by 7.2% during the same period.As for the overseas operation, Chifeng Gold has made significant progress in reducing unit costs at the Sepon Gold and Copper Mine through improvements in gold recovery rates and the implementation of underground mining projects. Chifeng Gold also adopted a series of capital investments and operational improvements which were completed to debottleneck process constraints and improve plant reliability and efficiency. Besides, it optimized procurement channels, enhanced material utilization, and increased production capacity. In terms of domestic operation, Chifeng Gold has sought to continuously improve its operational efficiency and recovery rate at its mines through incremental changes and investments. The operational effect of these continuous improvements is evident from the fact that in 2023 Chifeng Gold’s PRC Gold Mines recorded an average gold AISC of approximately US$877.4 per ounce, showing a year-on-year decrease of 27.2%.Strong social responsibility and solid commitment to promoting green and sustainable development with high ESG standardsChifeng Gold attaches great importance to the environment and workplace safety, cares about the people and communities in which it operates and actively fulfills its social responsibilities. International industry standards and best international practices are applied in Chifeng Gold’s overseas mines and the same standards are adopted in its domestic mines on a step-by-step basis. For example, Chifeng Gold executes relevant ESG procedures in accordance with the standards required by the World Gold Council (WGC) and the United Nations Global Compact (UNGC) and publishes ESG reports regularly. Chifeng Gold’s commitment to sustainable development and its focus on diversity and inclusion have been acknowledged through various honors and ratings.Seasoned and dedicated management team with a proven track record in mine operationsChifeng Gold has assembled a highly skilled and experienced team of industry and capital markets experts, covering a broad range of disciplines, including, corporate management, mining, processing, geology, finance, and law, among other areas. Mr. Wang Jianhua, Chairman and Executive Director of Chifeng Gold, is a transformative and efficient leader who is renowned for his exceptional leadership skills within major corporate entities, brings a wealth of experience in management and corporate governance which is characterized by an emphasis on employee safety and welfare. Mr. Wang successfully led and managed a drilling program through 2021 to 2022 in the Dandong area that set a record-breaking depth of 3,003 meters, which introduced a new era of deep-drill gold exploration in China’s northeast region. Ms. Yang Yi-fang, Chief Executive Officer and Executive Director of Chifeng Gold, has extensive managerial experience in the global mining industry, Hong Kong listed companies and capital markets in general. Since joining Chifeng Gold, Ms. Yang has implemented a series of management and operational changes to strengthen the Company’s cashflow management, internal control and corporate governance, and championed technological upgrades across its operations throughout the world to minimize costs, improve mine recovery rates, advance operational excellence, and improve employee health and safety.Business StrategiesContinue to increase Ore Reserves through exploration activities and expand production volume at existing mines to realize full growth potentialChifeng Gold’s existing mines at home and abroad are situated in favorable mineralization environments, showcasing significant exploration prospects across the majority of the relevant mining regions. Therefore, Chifeng Gold plans to further maximize the potential of its existing mines by continuous production expansion, further exploration and Reserve enhancement:- Wulong Gold Mine: Chifeng Gold has identified several areas of gold mineralization in its mining area and its peripheral areas, which is a precursor to exploration and reserve enhancement in its deep and peripheral areas. Chifeng Gold is advancing underground development projects to increase its annual processing capacity to approximately 700,000 tonnes by the end of 2024. The mine’s average daily processing capacity increased to over 1,800 tonnes in the second half of 2023. Chifeng Gold will also continue to dedicate resources to exploration and reserve enhancement to tap into the potential of resources in the deep and peripheral areas. Chifeng Gold is also cooperating with the China Geological Survey Bureau Shenyang Geological Survey Center, which is expected to strengthen the exploration foundation.- Jilong Gold Mine: Chifeng Gold has achieved promising results in both peripheral and deep drilling programs, including the discovery of industrial ore bodies in six drill holes. Chifeng Gold completed a 180,000-tonne processing plant expansion project and commenced trial production in June 2024. Chifeng Gold plans to increase its annual mining capacity to approximately 300,000 tonnes by the end of 2025. Construction of a new tailings storage facility has commenced, with other construction projects progressing as planned. Chifeng Gold has entered into a framework agreement with Aohanqi Longxing Resources Development Company Limited, which is expected to expand its exploration area.- Huatai Gold Mine: The expansion project is currently under construction, and it will initiate a comprehensive transformation of the mine’s infrastructure and the commencement of shaft engineering construction by the end of 2024. Infrastructure development is expected to be nearly complete by the end of 2026, with the Huatai Gold Mine gradually resuming mining operations in 2026. Upon completion, the annual mining capacity is expected to increase by an additional 30,000 tonnes.- Sepon Gold and Copper Mine: Chifeng Gold will continue its further construction and production expansion plans for the underground mines and proceed with exploration in the peripheral areas of the mine. Chifeng Gold is also conducting a series of research projects at the underground copper mine and open-pit copper mine to increase gold and copper Reserves and further improve ore processing recovery rates.- Wassa Gold Mine: Chifeng Gold will further expand its mining and processing capacity with the goal of developing the Wassa Gold Mine into a large-scale gold mine. Chifeng Gold expects to achieve (i) annual processing capacity of approximately 3.3 million tonnes, and (ii) annual gold production of 350 koz by the end of 2028. Chifeng Gold will also carry on its exploration of the peripheral areas of the Wassa Gold Mine for more Resources and Reserves as well as a longer mine life.Continue to obtain Resources and Reserves and increase production volume through domestic and overseas acquisitions of high-quality gold assets for robust and sustainable growthChifeng Gold will remain focused on quality assets at home and abroad to further expand the amount and production scale of gold Resources and further consolidate and strengthen its market position. Chifeng Gold evaluates potential acquisition targets based on four key factors, namely (1) asset quality and production volume, (2) asset location, (3) asset stage, and (4) equity stake of assets. At the same time, it intends to persist in acquiring further cutting-edge, international technologies and mining management techniques, operational models, and global talent through overseas acquisitions for its long-term development. Chifeng Gold also actively implements international strategies and progressively infuses ESG principles into all facets of its mining production and operations across the world. As a prominent national gold enterprise in China with a strong international outlook, Chifeng Gold joined the Shanghai Gold Exchange as a full-fledged member in 2023 and has won multiple national accolades and awards for its efforts in promoting mining safety, environmental protection and sustainable development.Continue to improve production efficiency, reduce costs and increase profitabilityWith the current industry trend of increasing overall costs in the gold mining sector and the scarcity of high-grade Mineral Resources, Chifeng Gold recognizes the critical importance of enhancing operational efficiency, reducing expenses, and boosting profitability for its long-term sustainability. Chifeng Gold’s strategies include the continuous exploration of innovative technologies and a dedicated focus on cost-cutting measures such as centralized procurement, organizational streamlining, workforce optimization, and prudent assessment of gold production and pricing strategies.Chifeng Gold has utilized its global centralized procurement center in Shanghai for its domestic and overseas mines and intends to effectively control and reduce procurement costs through centralized procurement and resource optimization to secure low prices and favorable contractual terms. In addition, it intends to consistently apply tailored strategies based on the specific circumstances of each mine to reduce costs and enhance efficiency, and to continue research into processing technologies to optimize Resource utilization. In addition to cost reduction and efficiency improvement, Chifeng Gold will also strive to enhance operational efficiency, especially after the acquisition of new assets. It will improve the corporate framework to lower administrative expenses and identify other cost-saving methods to support its commitment to prudent financial stewardship and the enduring success of its business.Adhere to the corporate culture of “Mutual Prosperity and Development” and improve ESG governanceChifeng Gold firmly believes that highly efficient systems and mechanisms are key factors for achieving continuous business growth and success in the global gold mining industry. Therefore, it will continue to value and realize the corporate culture of “Mutual Prosperity and Development”. Looking ahead, Chifeng Gold will further expand the scope of equity incentives and offer equity or phantom stock incentives to domestic and overseas teams to enhance employee engagement and performance.Chifeng Gold will also consider the environment and safety, caring for employees and the community, and assuming social responsibility as important goals for its corporate development initiatives. Chifeng Gold is committed to energy saving and emissions reduction, and its mining activities are shifting to cleaner and more efficient energy sources. In particular, the Jilong Gold Mine is planning to build a 10-megawatt solar power plant, and the Wulong Gold Mine, Sepon Gold and Copper Mine, and Wassa Gold Mine are also actively planning to develop renewable energy systems. Going forward, Chifeng Gold aims to expedite the advancement of new energy infrastructure, actively participate in low-carbon transitions, systematically and gradually phase out fossil fuels through diverse clean energy blends, and realize the transition to substantial decarbonization.Use of ProceedsAssuming that the Over-allotment Option is not exercised, after deducting the underwriting commissions and other estimated offering expenses payable by Chifeng Gold in connection with the Global Offering, and assuming an Offer Price of HK$14.78 per Share (being the mid-point of the indicative Offer Price), Chifeng Gold estimates that the net proceeds will be approximately HK$2,886.8 million from the Global Offering. Chifeng Gold intends to use the net proceeds from the global offering for the following purposes, subject to adjustment based on Chifeng Gold’s evolving business needs and changing market conditions:PurposePercentage- To be used over the next five years to upgrade and explore existing mines to fully realize Chifeng Gold’s growth potentialApproximately 50%- To be used over the next three years to acquire sizable, high-quality mining assets preferably with open-pit mines in countries with mature mining industries and stable policies on mining industriesApproximately 40%- To be used for general corporate purposesApproximately 10%About Chifeng Jilong Gold Mining Co., Ltd.Chifeng Gold is the largest non-state-owned gold producer in China, mainly engaged in the mining, processing and sales of gold, with leading growth in gold production. As of 10 February 2025, Chifeng Gold owned and operated six gold mines and one polymetallic mine across the world, including China, Southeast Asia, and West Africa. Chifeng Gold has experienced the fastest growth among major gold producers in China and ranks fifth among gold producers in China in terms of gold resources. Chifeng Gold’s A Shares are listed on the Shanghai Stock Exchange under stock code 600988.[1] According to Frost & Sullivan, in 2023, (i) Chifeng Gold ranked fifth among gold producers in China in terms of gold Resources, with gold Resources of 13.6 million oz; and (ii) Chifeng Gold ranked fifth among gold producers in China in terms of gold production, with production of 461.5 koz of gold.[2] According to Frost & Sullivan.[3] According to Frost & Sullivan.[4] According to Frost & Sullivan, in 2023, (i) Chifeng Gold ranked fifth among gold producers in China in terms of gold Resources, with gold Resources of 13.6 million oz; and (ii) Chifeng Gold ranked fifth among gold producers in China in terms of gold production, with production of 461.5 koz of gold.Past performance is no guarantee of future results. In evaluating Chifeng Gold’s business, prospective investors should carefully consider the information provided in the Prospectus, including, but not limited to, the sections headed “Risk Factors” and “Business.” Prospective investors should make an independent assessment of the merits, risks or otherwise of any investment in the shares of the Company and should seek third-party professional advice. The Company assumes no responsibility to update forward-looking statements or to adapt them to future events or developments. Capital at risk. Copyright 2025 ACN Newswire via SeaPRwire.com.
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HKTDC welcomes Hong Kong SAR’s 2025-26 Budget

HONG KONG, Feb 26, 2025 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) welcomes the 2025-26 Budget announced this morning by the Financial Secretary of the Hong Kong Special Administrative Region (HKSAR), Paul Chan.The Budget introduces a series of measures centred around technological innovation to empower industrial development and facilitate the continuous growth of SMEs and start-ups. The measures also help attract diverse sources of investment and promote mega events to comprehensively engage businesses, capital and talent. They also strive to accelerate development of the new quality productive forces to drive high-quality economic growth in Hong Kong.HKTDC Chairman Dr Peter K N Lam believes that the series of measures in the Budget, including the injection of funds into the Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund) and the SME Export Marketing Fund, offers concrete support to SMEs amid a challenging economic evnrionment. The Budget also proposes measure that help consolidate Hong Kong's advantages around its “eight centres” positioning boosting future growth and prosperity.Dr Lam added: “The Budget mentions initiatives to strengthen assistance for local SMEs to explore the mainland market and increase e-commerce sales. This year, the HKTDC will launch the ‘E-commerce Express’ in collaboration with major e-commerce platforms and industry experts. Through a series of thematic training seminars and one-on-one advisory services, this initiative aims to enhance Hong Kong businesses' understanding of mainland e-commerce and online platforms, offering comprehensive support for SMEs intending to expand into the mainland e-commerce market. The upcoming second edition of the Hong Kong Shopping Festival in August serves as the flagship event of this initiative, offering Hong Kong businesses hands-on experience using e-commerce platforms to explore the mainland market and enhance the visibility of their products and brands. The HKTDC will work closely with the Trade and Industry Department to enhance mentorship schemes, empowering Hong Kong businesses to effectively leverage mainland e-commerce and online platforms to promote their products.”The Budget also proposes various measures to promote innovation and technology development, with increasing exposure for local tech products being an important component. The HKTDC will launch a thematic pop-up display area to its Hong Kong Design Gallery, as well as at exhibition venues during major exhibitions, to showcase local high-quality and innovative technology products to local and overseas buyers and consumers.The HKTDC will closely collaborate with local education and research institutions to provide more physical product showcases and sales platforms for Hong Kong technology enterprises and start-ups. These partnerships will help Hong Kong research companies build their product brand image, while raising the visibility of Hong Kong brands among local and international buyers.In strengthening Hong Kong's role as a superconnector and super value-adder, the Budget mentions that the Financial Services and the Treasury Bureau, in collaboration with the Office for Attracting Strategic Enterprises (OASES) and the HKTDC, will host the inaugural Hong Kong Global Financial and Industry Summit this year. By leveraging Hong Kong's financial strengths, the new Summit will further enhance international industrial cooperation to attract capital and businesses to Hong Kong. The HKTDC is also enhancing project connections and deal-making promotion at the Belt and Road Summit, focusing on green development and innovative technology, positioning Hong Kong as a commercial hub for Belt and Road.The HKTDC will continue to closely cooperate with the HKSAR Government, actively promoting Hong Kong's advantages to global markets, while attracting international financial and business leaders to explore global market opportunities through the Hong Kong platform.The HKTDC will continue to enhance Hong Kong's competitiveness and international connections. In the 2025-26 fiscal year, the HKTDC will focus on three main areas:1.Reinforcing Hong Kong’s unique position as a resilient and connected global business hub, while strengthening its integration into national development as well as its role as a superconnector and super value-adder;2.Fortifying Hong Kong’s competitiveness by embracing innovation and sustainable development to support the national new quality productive forces strategy, while seizing opportunities arising from global trends;3.Building the next generation of connected and future-ready SMEs and start-ups, while fast-tracking SMEs’ digital transformation.For more details, please refer to this press release.Media enquiriesHKTDC’s Communications & Public Affairs Department:Agnes Wat Tel: (852) 2584 4554 Email: agnes.ky.wat@hktdc.orgSam Ho Tel: (852) 2584 4569 Email: sam.sy.ho@hktdc.orgTo view press releases in Chinese, please visit http://mediaroom.hktdc.com/tcAbout 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. Follow us on @hktdc and LinkedIn Copyright 2025 ACN Newswire via SeaPRwire.com.
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Sevens Atelier records profit for FY 2024, paving the way for accelerated growth and strategic expansion

FY 2024 recorded a net profit of S$0.31 million, following losses of S$4.05 million in FY 2023, driven by streamlined operations and cost structures enhancing efficiency to achieve profitabilityS$12.36M order book (31 December 2024) surpasses FY2024 revenue, set to drive higher margins and sustainable earnings growthStrategically positioned for expansion through market and geographical diversification amidst improving macroeconomic landscapeSINGAPORE, Feb 26, 2025 - (ACN Newswire via SeaPRwire.com) - Sevens Atelier Limited (the “Company” or “Sevens Atelier”, and together with its subsidiaries, the “Group”), one of the leading players in the Design and Build industry for landed properties, has announced its financial results for the twelve months (“FY 2024”) ended 31 December 2024.In FY 2024, the Group marked a significant milestone by delivering a net profit of S$0.31 million, following a loss of S$4.05 million in FY 2023, despite a decrease in revenue from S$14.33 million in FY 2023 to S$9.10 million in FY 2024. This achievement comes as a direct result of management’s decisive actions to optimize costs, streamline operations, and improve financial discipline.Gross profit margins grew from 15.4% to 19.6% year-on-year, signalling the success of focused restructuring and cost management efforts. In addition, administrative expenses reduced by almost 50%, setting the foundation for sustainable, long-term growth through operating a leaner and more efficient organisation.The Group continues to grow its reputation as the preferred choice for customers as it has accumulated an order book amounting to S$12.36 million as at 31 December 2024, positioning the Company for stronger revenue streams in the coming year. Aligned with targets of enhancing project profitability, these contracts are expected to generate higher profit margins than in previous years, reflecting a shift towards a more sustainable and profitable business model, despite challenges such as cost inflation and rising competition.Additionally, the Group’s focus on high-quality, Design and Build solutions for landed homes in Singapore continues to set it apart from competitors. For instance, the Group’s unique flagship experience centre enhances customer engagement, contributing to increasing demand and a growing pipeline of projects.Looking ahead, the Group is actively exploring strategic growth opportunities through mergers and acquisitions (M&A) and expansion into new business segments and geographic markets. With a favourable macroeconomic outlook, including stabilizing market demand and positive expectations on further global interest rate adjustments, the Company is well-positioned to capitalize on emerging opportunities.The Group Operation Director, Mr. Tang Yao Zhi commented, “Achieving our first full-year profit since changing to a Design and Build player is a testament to our unwavering commitment to financial prudence and operational efficiency. Looking ahead, we are looking ahead to executing our growing orderbook, which already exceeds FY2024’s revenue.”About Sevens Atelier Limited (SGX:5EW)Sevens Atelier is listed on the Catalist Board of the Singapore Exchange. The Company offers full-fledged consultancy services in the Design & Build industry, including pre-leasing consultations of business spaces and pre-purchase inspections of premium landed properties in Singapore. From consultation to completion, the Company provides turnkey services to its premium clients. Sevens Atelier is a BCA-certified solutions provider in the Design and Build arena with the goal to constantly improve and evolve. Its artisanal capabilities are a hallmark of its commitment to clients.For all media queries, please contact:Tang Yao ZhiT: (+65) 8139 7777E: yaozhi@sevensatelier.comThis press release has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the “Sponsor”). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release.The contact person for the Sponsor is Ms. Foo Jien Jieng, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg. Copyright 2025 ACN Newswire via SeaPRwire.com.
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TransNusa Becomes First Indonesian Airline to Launch Scheduled Bali – Guangzhou Route

PT TransNusa Aviation Mandiri makes Indonesia proud by becoming the first Indonesian airline to launch new scheduled flight from Bali, Indonesia to Guangzhou, ChinaTransNusa successfully started sale of tickets on February 24th with a promotional rate of 388.000, CNY999 and USD149, one-wayTransNusa simultaneously launches one of the fastest and seamless scheduled connecting flight from Guangzhou, China to Perth, Australia via BaliJAKARTA, Feb 26, 2025 - (ACN Newswire via SeaPRwire.com) - TRANSNUSA has yet again added another feather in its cap by becoming the first Indonesian airline to launch scheduled flights from Bali, Indonesia to Guangzhou, China.In addition, the airline also announced that it will be simultaneously launching scheduled connecting flights from Guangzhou to Perth via Bali.TransNusa Group Chief Executive Officer and aviation veteran, Datuk Bernard Francis said, “We are always looking at developing new routes to benefit our passengers. While traditional routes such as Bali to Perth and Bali to Guangzhou are important, we also strive to go the extra mile to provide fast as well as seamless connectivity to our passengers.“With the launch of our new Bali-Guangzhou route, our passengers can now enjoy one of the fastest scheduled connecting flights to either Guangzhou or Perth via Bali, with a transit duration of either 1 hour and 30 minutes or 2 hours and 35 minutes, depending on the day and time of the scheduled flights.“From April 13th to May 31st, on a weekly basis, there will be three connecting flights from Guangzhou Baiyun International Airport to Perth International Airport, Australia while from Perth there will be two connecting flights weekly via Bali to Guangzhou,” Datuk Francis said, adding that connecting flight from Guangzhou will be every Monday, Tuesday and Thursday while the connecting flight from Perth to Guangzhou via Bali will be on Monday and Saturday.Datuk Francis further elaborated that from June onwards, the airline will be flying daily from Perth and Guangzhou to Bali. As such, from June onwards, passengers can also enjoy daily connecting flights. The Quangzhou to Perth flight ticket price will start from as low as CNY1899, USD 259 and AUD399.Within the first quarter of 2025, two-year old TransNusa has already broken the traditional norm and planned a holistic 360-degree flight path from Guangzhou to Perth via Bali. This innovative move is a historical first and a strategic triumph for the airline since TransNusa’s re-launch as a Premium Service Carrier in October 2022.In breaking the sound barrier of convention and implementing its planned holistic 360-degree flight path from Guangzhou to Perth via Bali, TransNusa kick-started 2025 by announcing the launch of its Bali-Perth route in January, with flight tickets priced from as low as IDR1.799.000, AUD169, CNY782, and USD163.Details of the new Bali-Guangzhou RouteIn order to implement the holistic 360-degree flight path from Guangzhou to Perth via Bali, TransNusa is launching its Bali-Guangzhou route on April 13th. Tickets for the new scheduled route are priced at a promotional rate that starts from IDR2.388.000, CNY999 and USD149. Flight tickets can be purchased at transnusa.co.id and all other main online travel agent platforms.“In addition to the connecting flight, with the launch of this new route, we hope to also provide tourists from China additional options to travel to the Island of Gods, Bali,” Datuk Francis said.At the initial stage, from April 13th to May 31st, TransNusa will be operating four flights a week from I Gusti Ngurah Rai International Airport, popularly known as the Denpasar International Airport. The TransNusa flight, 8B 969, will depart Bali at 20.15pm and arrive at the Guangzhou Baiyun International Airport at 01.00am while TransNusa flight, 8B 968, will depart Guangzhou Baiyun International Airport at 02.05am and arrive in Bali at 07.40am. The TransNusa flight will depart Bali every Sunday, Tuesday, Friday and Saturday while flights will depart Guangzhou on Sunday, Monday, Wednesday, and Saturday. For this scheduled flight, TransNusa will be utilizing its A320 narrow-body jet airliner, which has 174 seats, to cater for the five-hour scheduled flight.Brief History On TransNusaTransNusa, which had to close business due to the Covid-19 pandemic was injected with new shareholders and management team in 2022. The airline opened its doors for business in October and within six months, in April 2023, launched its first international flight from Jakarta to Kuala Lumpur, Malaysia.After which, under the new leadership of Datuk Francis, and the new management team, the airline successfully launched three more new international routes by the end of 2023. In 2024, the airline continued growing its international and domestic route and at the same time recording historical firsts that also became a significant industry first for the Indonesian aviation industry. Since April 2023, TransNusa has been making headlines in Malaysia, Singapore, China and around the world with news of being the first airline in Indonesia and the world to develop and introduce a new domestic route connecting Bali and diving haven, Manado. TransNusa also became the second Indonesian airline to receive approval to fly to China and provided Indonesians with more pricing and route options to China.TransNusa’s aggressive international growth strategy combined with its domestic business operations approach has enabled the airline to be the fastest growing airline in South East Asia.- ENDS -For Further information, please contact Trina Thomas Raj, Primary Communications and Marketing Consultant by email trina@myqaseh.org OR by mobile +60124992672 (Watsapp)About TransNusa TransNusa Airline, is a Premium Service Carrier. After the take-over, in February 2024, the airline rebranded itself from being a Low-Cost Carrier to a Premium Service Carrier in line with its upgraded aircrafts that offers better comfort as well as based on the flexibility and quality of the services offered.TransNusa, which received its AOC certification on 9th September 2022, launch its first three A320 operations on 6th October, 14th October and 12th December, 2022. In 2023, TransNusa introduced a new business model making it the first Premium Service Carrier in the Asia Pacific region. TransNusa introduced its first international flight on 14th April, 2023. The airline is currently based in Jakarta Soekarno-Hatta International Airport.The airline currently flies from Jakarta to Yogyakarta, Bali, Kuala Lumpur, Malaysia, Subang, Malaysia and Guangzhou, China. It also flies from Bali to Jakarta and Manado. TransNusa made history when it became the second Indonesian airline to fly to China and the first Indonesian airline to launch a Premium Service Carrier business model.Passengers can book their flights on the TransNusa website (www.transnusa.co.id), through authorized travel agents in Singapore, Malaysia and Indonesia, or by contacting the airline's customer service centre at, +62216310888. For the Singaporean market, passengers can contact TransNusa’s General Sales Agent, Chariot Travels Pte Ltd, at +65 86602719 for assistance. Copyright 2025 ACN Newswire via SeaPRwire.com.
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U.S. Polo Assn. Renews as Official Apparel Partner for the 2025 Dubai Polo Gold Cup

West Palm Beach, FL, Feb 25, 2025 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn., the official brand of the United States Polo Association (USPA), proudly served as the Official Apparel Sponsor of the 2025 Dubai Polo Gold Cup for the second year in a row. The prestigious tournament was hosted at the iconic Al Habtoor Polo Club in Dubai, United Arab Emirates (UAE), from February 5-22, 2025.U.S. Polo Assn.In partnership with Aydinli Group, U.S. Polo Assn.'s brand partner in the Middle East, the classic, sport-inspired brand provided performance jerseys for multiple teams, branded apparel for all on-site staff, and gifts to the finalists. During the game's fun-filled divot stomp, spectators also enjoyed a special giveaway of U.S. Polo Assn. branded caps.The Dubai Polo Gold Cup was an unforgettable two-week tournament ending with an intense final game between two strong teams, the UAE Polo Team and Jehangiri Polo. Ultimately, the UAE Polo Team prevailed with a final score of 9-8, and their name will be etched into the Gold Cup trophy. The event offered a blend of the highest-rated polo in the UAE, along with international musical entertainment, global cuisines, and one-of-a-kind retail experiences to the thousands of spirited sports fans in attendance."U.S. Polo Assn. is thrilled to once again partner with the Dubai Polo Gold Cup as the Official Apparel Sponsor in this premier venue for polo in the UAE," said J. Michael Prince, President and CEO of USPA Global, which manages the multi-billion-dollar U.S. Polo Assn. brand. "Dubai and the UAE region are key markets for our sport-inspired brand, and we are honored to participate in this iconic event by showcasing U.S. Polo Assn. to sports fans and consumers alike."The Dubai Polo Gold Cup was founded in 2009 by His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, and has since become a cornerstone on the international polo calendar, comparable to major events in Argentina, Spain, the United Kingdom, and the United States."We are honored to represent U.S. Polo Assn. in the UAE, and the Dubai Polo Gold Cup is the perfect event to align our authentic sports brand with the prestigious sport of polo in Dubai," said Seref Safa, Chairman of the Board of Aydinli Group, the Middle Eastern partner for U.S. Polo Assn. "Each year, this event showcases some of the finest polo teams and ponies in the world, providing a mix of sportsmanship and style for all attendees, making this a high-profile event in Dubai that's not to be missed."Photo Credit: Margarita CrottoAbout U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in North America, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. Historic deals with ESPN in the United States and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global and digital growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.For more information, visit uspoloassnglobal.com and follow @uspoloassn.USPA Global is a subsidiary of the USPA and manages the global, multi-billion-dollar U.S. Polo Assn. brand. Through its subsidiary, Global Polo Entertainment (GPE), USPA Global also manages Global Polo TV, which provides sports and lifestyle content. For more sports content, visit globalpolo.com.About Aydinli GroupAydinli Group is the Middle Eastern and Eastern European partner for the global, multi-billion-dollar U.S. Polo Assn. brand. Aydinli Group adopts the principle of quality service and universal values, produces environmentally conscious products, and provides world-class, customer-oriented service. With more than 690 stores, 300 of which are abroad, and more than 7,500 employees, it is one of the largest apparel retailers in the region. Aydinli Group, which has operations in nearly 50 countries with U.S. Polo Assn., 10 countries with Pierre Cardin, and 8 countries with Cacharel, has license rights in 55 countries in total. For more information, visit aydinli.com.Contact InformationStacey KovalskyVP, Global PR and Communicationsskovalsky@uspagl.com+001.561.790.8036Shannon StilsonVP, Sports Marketing & Mediasstilson@uspagl.com+001.561.227.6994SOURCE: U.S. Polo Assn. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Doubleview Gold Corp Announces Significant High-Grade Copper and Gold Intercepts at Hat Polymetallic Deposit

Highlights:Hole H078: 1.00% Copper and 0.46 g/t Gold over 107 meters within 409 meters of 0.39% Copper and 0.28 g/t Gold.Hole H079: 0.95% Copper and 0.79 g/t Gold over 82 meters within 213 meters of 0.59% Copper and 0.50 g/t Gold.Both drill holes represent the highest-grade mineralization intercepted to date at the Hat Project.Other drill holes reported are extending the mineralization envelope of the Hat deposit.Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - February 25, 2025) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the "Company" or "Doubleview") is pleased to announce significant assay results from its 2024 drilling program at the Hat Polymetallic Deposit in northwestern British Columbia. The results from drill holes H078 and H079 include the most substantial intervals of high-grade copper and gold mineralization encountered at the Hat Project to date. Drill holes H081, H082, H083 and H085 provide more details of the East Lisle Zone, a shallow extension of the Main Lisle Zone. (Drill hole H084 was abandoned before it reached its target depth).1- Central Lisle Zone Drill Results:The recent drilling focused on the Central Lisle Zone, which is interpreted as a potential porphyry feeder zone. The intercepts demonstrate shallow mineralization horizons and provide further evidence of the Hat Deposit's robust mineralization profile.Drill Hole H078:From 12 meters to 684 meters: 672 meters averaging 0.29% Copper and 0.22 g/t Gold (0.50% CuEq - see note (a) for CuEq calculation).Significant long intercepts include:409 meters (from 92 meters to 501 meters) averaging 0.39% Copper and 0.28 g/t Gold (0.65% CuEq) including107 meters (from 247 meters to 354 meters) averaging 1.00% Copper and 0.46 g/t Gold (1.42% CuEq), the highest-grade interval recorded at the Hat Project.Drill Hole H079:From 7 meters to 732 meters: 725 meters averaging 0.29% Copper and 0.22 g/t Gold (0.44% CuEq) including572 meters (from 150 meters to 722 meters) averaging 0.28% Copper and 0.25 g/t Gold (0.50% CuEq) and213 meters (from 510 meters to 723 meters) averaging 0.59% Copper and 0.50 g/t Gold (1.00% CuEq) and82 meters (from 600 meters to 682 meters) averaging 0.95% Copper and 0.79 g/t Gold (1.58% CuEq).Drill Hole H080:From 318 meters to 372 meters: 54 meters averaging 0.30% Copper and 0.21 g/t Gold (0.50% CuEq), including:22 meters (from 350 meters to 372 meters) averaging 0.54% Copper and 0.38 g/t Gold (0.91% CuEq).Table 1: Summary of Significant Drill InterceptsDDHFrom(m)To(m)Length(m)CuEq (%) Excl. Sc2O3Cu (%)Au(g/t)Ag(g/t)Co(g/t)Sc(g/t)H078 12.0684.0672.00.500.290.220.508528.7Incl.92.0501.0409.00.650.390.280.6610426.2Incl.134.0354.0220.01.000.600.441.0513025.6Incl.247.0354.0107.01.421.000.461.6114124.1H079 7.0732.0725.00.440.230.220.357329.0Incl.150.0722.0572.00.500.280.250.346828.8Incl.510.0723.0213.01.000.590.500.697031.2Incl.600.0722.0122.01.340.790.691.037330.6Incl.600.0682.082.01.580.950.791.257731.4H080 114.0444.0330.00.280.150.120.168228.3Incl.225.0279.054.00.500.300.210.219822.3Incl.225.0247.022.00.910.540.380.3516926.1Incl.232.0247.015.01.190.720.520.4517124.1 Please note: the intervals presented in this table are not true widthsCentral Lisle Zone Drill Results Discussion:The exceptional grades and intercepts reported from holes H078 and H079 confirm the high-grade nature of the mineralization within the Central Lisle Zone and suggest proximity to the core of the porphyry system, possibly representing the feeder zone. The intercepts display consistent copper, gold and strong cobalt values, as well as consistent scandium mineralization, reinforcing the Hat Deposit's potential as a significant resource of strategic metals.Figure 1: Section view of Central Lisle Zone based on 2024 Resource Block Model of the MRE with drill holes H078 and H079. [see note (b)]To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8003/242256_1c3c41839422c817_001full.jpgPresident and CEO, Farshad Shirvani, commented:"These are the most significant drill results we have ever reported from the Hat Project that is attracting attention from major players in the metals industry. The substantial copper and gold grades over considerable lengths indicate that we may be intersecting the core of the porphyry system. These results not only underscore the robust nature of the Hat Deposit but also enhance its potential to become a world-class polymetallic resource. We are excited about the conclusions of these findings and look forward to advancing the project with further drilling and exploration activities."2- East Lisle New Horizon:The East Lisle Zone has revealed a promising new zone of mineralization beyond the conceptual pit shell proposed in MRE V1 [note (b)] and at depth, which is expected to be extended in the upcoming MRE V2 with new conceptual pit walls. All drill holes in this setting intersected strong copper and gold mineralization.Table 2: Summary of Significant Drill Intercepts from East Lisle ZoneDDHFrom(m)To(m)Length(m)CuEq (%) Excl. Sc2O3Cu (%)Au(g/t)Ag(g/t)Co(g/t)Sc(g/t)H081 39.0354.0315.00.320.150.180.256127.3Incl.108.0327.0219.00.400.200.220.297028.0Incl.108.0229.0121.00.500.230.320.407026.0Incl.108.0142.234.21.130.500.811.085224.3Incl.133.8144.010.23.051.521.993.289022.2H082 69.0483.0414.00.330.220.110.396228.2Incl.152.7477.0324.40.370.260.100.446728.1Incl.258.0476.0218.00.500.370.130.617528.5Incl.288.6454.0165.40.600.440.150.768227.7Incl.347.9463.0115.10.620.500.110.927827.0Incl.385.0424.039.00.920.750.151.4010326.7H083 115.9327.0211.10.380.200.200.266426.3Incl.201.0303.6102.60.590.330.310.337928.7Incl.204.0263.059.00.850.500.410.5010229.3Incl.229.0263.034.01.290.750.630.7413724.3Incl.229.0249.020.01.761.030.871.0316024.6H085 42.0454.4412.40.200.110.090.195129.8Incl.307.0464.0157.00.330.210.120.296231.1Incl.386.0459.073.00.380.250.130.386533.3Incl.441.4459.017.70.700.450.280.638727.1Incl.441.4453.412.00.860.530.370.7810026.8Note: Dill Hole H084 was abandoned. Please note: the intervals presented in this table are not true widthsEast Lisle Zone Drill Results Discussion:The results from the East Lisle Zone indicate a significant new zone of mineralization, suggesting potential extensions of the Hat Deposit to the east. The drill intercepts show consistent grades over substantial lengths, underscoring the prospectivity of this area and supporting further exploration.Figure 2: Section view of Central Lisle Zone based on 2024 Resource Block Model of the MRE with drill holes H081, H082, H083, and H085. [see note (b)]To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8003/242256_1c3c41839422c817_002full.jpg3- Far Northwest Lisle Zone:The Far Northwest Lisle Zone has produced encouraging results, revealing multiple intervals of copper, gold, and associated metals. These results suggest significant potential for mineralization in this area, further extending the scope of the Hat Polymetallic Deposit.Table 3: Summary of Significant Drill Intercepts of the Far Northwest Lisle ZoneDDHFrom(m)To(m)Length(m)CuEq (%) Excl. Sc2O3Cu (%)Au(g/t)Ag(g/t)Co(g/t)Sc(g/t)H086 78.0151.073.00.340.200.150.356030.4Incl.96.8150.053.20.420.250.190.425430.5Incl.104.0145.841.80.500.300.230.495631.3H087 140.3156.015.80.310.240.031.286526.1Incl.141.8156.014.20.340.270.031.417027.8H088 82.0124.042.00.340.200.101.1811330.2Incl.96.0124.028.00.430.270.111.6313131.9Incl.246.0318.072.00.320.200.100.947629.9Incl.273.0289.016.00.750.500.202.4516726.2H089 117.0204.087.00.180.100.060.585333.7Incl.316.0324.08.00.350.200.110.7712918.8 Please note: the intervals presented in this table are not true widthsNotes: (a) Copper Equivalent (CuEq) currently does not include the ScandiumMetal equivalents should not be relied upon for future evaluations. - Drill hole intercepts included in this news release are core lengths that may or may not be true widths of mineralization. It is not possible to determine true widths. - Parameters used to calculate Copper Equivalent: Au price (US$/oz): 1900; Ag price (US$/oz): 24; Cu price (US$/lb): 4; Co price (US$/lb): 22. Au recovery: 89.0%; Ag recovery: 68.0%; Cu recovery: 84.0%; Co recovery: 78.0%. Copper Equivalent Calculation CuEq in % = ([Ag grade in ppm] *24*0.68/31.1035 + [Au grade in ppm] *1900*.89/31.1035 + 0.0001* [Co grade in ppm] *22*0.78*22.0462 + 0.0001* [Cu grade in ppm] *4*0.84*22.0462)/(4*22.0462*0.84). (b) For further details, please refer to the Company's July 25, 2024 news release of the MRE. (c) Drill holes are projected onto the sections of this news release. Table 4. Details of Location and direction of drill holes discussed in this release:DDH IDUTM-East (m)UTM-North (m)Elevation (m)Max-Depth (m)Azimuth (°)Dip (°)H078347,8656,453,951956.570812075H079347,8656,453,951956.573212058H080347,8656,453,951956.56247056H081348,3486,454,1861,008537088H082348,3486,454,1861,00855827065H083348,3486,454,1861,00855231559H084348,3486,454,1861,008289063H085348,3486,454,1861,00854326063H086347,5186,454,43097647134571H087347,5186,454,430976465087H088347,7036,454,7491,02539018062H089347,7036,454,7491,025351062 Figure 3: Drill PlanTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8003/242256_1c3c41839422c817_003full.jpgQuality Assurance and Quality Control:Hat Project drill cores are processed at Doubleview's camp where they are photographed, measured and logged by our technical staff and then divided using a diamond bladed saw. One half is placed in a stout bag to form the assay sample that is forwarded securely to the independent analytical lab. The remaining half core is stored on site where it is available for further examination and sampling. The assay cores are subject to a Chain of Custody routine as they are shipped from camp to a bonded carrier for delivery to the lab.Core samples are analysed at the North Vancouver facility of ALS Canada Ltd. using their PREP-31, PGM-ICP24, ME-MS61, and ME-ICP06 packages. Each core sample is dried, then crushed to 70% passing a 2mm screen. All material is processed in an automatic Riffle splitter to yield a 250g homogenized, representative sample. This sub-sample is then pulverized to 85% passing a 75-micron screen. All samples are analyzed for Au, Pt, Pd by 50g fire-assay fusion/ICP-ES finish, using PGM-ICP24 package. A separate 0.25g pulp split is analyzed by Four Acid digestion/ICP-MS finish, reporting 48 elements. Over limit elements are analyzed by Ore Grade Four Acid digestion/ICP-ES finish using ME-OG62 assay package. All of Doubleview's core samples are analyzed or assayed at independent ISO 17025 and ISO 9001- certified laboratories.When initial assays are received and accepted by our staff, a certain fraction of the samples will be sent to a second ISO-certified lab for check assay and verification purposes. Assays will be reported in News Releases.Doubleview maintains a website at www.doubleview.ca.Qualified Persons:Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.About Doubleview Gold CorpA mineral resource exploration and development company is headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX-Venture Exchange (TSXV: DBG) (OTCQB: DBLVF) (WKN: LA1W038) and (FSE: 1D4). Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects-collectively critical minerals-utilizing cutting-edge exploration techniques.Doubleview's success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company's strategic initiatives. Doubleview looks forward to further collaborative growth and development, and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.About the Hat Polymetallic DepositThe Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region's significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company's July 25, 2024, news release, is summarized below:Open Pit Model HatResource Category Average GradeMetal ContentTonnageCuEqCuCoAuAgCuEqCuCoAuAgMt%%%g/tg/tmillion lbmillion lbmillion lbthousand ozthousand ozIn PitIndicated1500.4080.2210.0080.190.421,353733289292,045Inferred4770.3440.1850.0090.150.493,6191,945912,3287,575 Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3.For further details of the MRE, please refer to the Company's July 25, 2024 news release.On behalf of the Board of Directors,Farshad Shirvani, President & Chief Executive OfficerFor further information please contact:Doubleview Gold CorpVancouver, BC Farshad ShirvaniPresident & CEOT: (604) 678-9587E: corporate@doubleview.caNEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242256 Copyright 2025 ACN Newswire via SeaPRwire.com.
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Parker Blackwood Advisers Expands to Meet Growing Demand from Investors

PERTH, W AUSTRALIA, Feb 25, 2025 - (ACN Newswire via SeaPRwire.com) - Parker Blackwood Advisers, a leading financial services provider, is pleased to announce a major expansion of its retail business, reinforcing its commitment to providing personalised financial solutions for individual investors across Australia. With historically low interest rates and an increased appetite for diversified investment opportunities, PBA has experienced significant growth in new client acquisitions, spanning both novice investors and experienced professionals seeking a well-balanced portfolio.Since its establishment in 2013, Parker Blackwood Advisers has built a reputation for delivering expert financial guidance tailored to each client's needs. With a robust team of 60 professionals overseeing $4.7 billion in assets under management, the firm has successfully positioned itself as a trusted partner in wealth management. As part of its growth strategy, Parker Blackwood Advisers is expanding its physical presence across key locations in Australia, ensuring greater accessibility and fostering the personalised client experience that has been central to its success.The financial landscape is evolving, with more Australians recognising the importance of strategic investing to secure their financial future. Parker Blackwood Advisers has observed a distinct rise in the number of retail investors seeking bespoke investment strategies that extend beyond traditional asset classes. The firm offers a comprehensive suite of financial services, including Australian and global equities, foreign exchange, and fixed-income solutions, enabling investors to build resilient and diversified portfolios."We believe every client is unique, and our approach to financial management reflects this philosophy," said Leigh Jamieson, Chief Executive Officer at Parker Blackwood Advisers. "Our expansion will allow us to meet the growing demand for tailored financial services. We are committed to ensuring that our clients are treated as individuals, not just numbers-a principle that has been the foundation of our success for over a decade."To further strengthen its client-centric approach, Parker Blackwood Advisers is investing in opening additional branches across Australia. This expansion is designed to enhance accessibility and offer investors the convenience of in-person consultations with PBA's team of experienced advisers. The firm understands that financial planning is deeply personal, and providing a physical presence ensures that clients receive the hands-on support they need to make informed decisions."Trust is the cornerstone of our business, and nothing builds trust better than direct engagement," added Nathan Jones, Chief Investment Officer at Parker Blackwood Advisers. "By expanding our footprint, we are reinforcing our commitment to providing exceptional service and ensuring that every client receives the attention and expertise they deserve."Parker Blackwood Advisers remains dedicated to leveraging its industry-leading expertise to help clients navigate the complexities of financial management. With an emphasis on financial education, the firm provides clients with the necessary tools and insights to make confident investment decisions. Whether individuals are just starting their investment journey or are seasoned investors seeking advanced strategies, PBA's advisers are equipped to guide them towards financial success.As Parker Blackwood Advisers embarks on this exciting phase of growth, the firm continues to set new standards in the Australian financial services industry. By expanding its reach and enhancing its personalised approach, PBA is not only strengthening its position as a market leader but also reaffirming its unwavering commitment to empowering Australian investors.About Parker Blackwood AdvisersFounded in 2013, Parker Blackwood Advisers is a premier financial services provider based in Perth, Australia. With a focus on personalised investment strategies, the firm offers a broad range of wealth management solutions, including asset allocation, investment management, and financial planning. Managing over $4.7 billion in assets, Parker Blackwood Advisers is dedicated to helping clients achieve their financial goals through tailored, expert guidance.Disclaimer - Parker Blackwood Advisers is a trading name of PBA Corporation Pty Ltd (ABN: 98 162 183 244), holder of AFSL 434-071. Investing carries risks, including potential loss of capital. Information provided is general and not financial advice. Past performance is not a guarantee of future results.Mr. Paul Allen, Head of Marketing08 6275 0960, paul.allen@pb-investment.comExchange Tower,Level 17/2 The EsplanadePerth WA, 6000SOURCE: PBA Corporation Pty Ltd Copyright 2025 ACN Newswire via SeaPRwire.com.
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Sonim Unveils All-New XP Pro Thermal 5G Smartphone at Mobile World Congress

Combining 5G Connectivity, Advanced Thermal Imaging, a Slim Design, and Built-to-Endure ToughnessSan Diego, California and Barcelona, Spain--(ACN Newswire via SeaPRwire.com - February 25, 2025) - Sonim Technologies (NASDAQ: SONM), a U.S.-based leader in rugged mobile solutions, today introduced the Sonim XP Pro Thermal 5G smartphone, the latest addition to its flagship XP Pro series. This professional rugged solution blends 5G connectivity, integrated thermal imaging, and exceptional durability into a sleek design that empowers professionals to work smarter, faster, and more efficiently-no matter the challenge or environment.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8971/242257_bf41a193d4ef3be6_001full.jpg"The best thermal camera is the one you have with you," said Chuck Becher, Chief Commercial Officer at Sonim Technologies. "With the XP Pro Thermal, you eliminate the need for bulky standalone devices or costly add-ons. This all-in-one solution is compact, cost-effective, and ready to go wherever the job takes you. It is designed to save time, enhance productivity, and provide users with a reliable, durable tool that performs in the toughest environments."Professional-Grade Imaging Meets 5G PerformanceThe XP Pro Thermal raises the bar with FLIR Lepton® 3.5 thermal imaging powered by the Snapdragon® 7 Gen 3 chipset. This combination enables capturing, analyzing, sharing, and live-streaming thermal data over 5G networks for real-time decision-making. Enhanced with Teledyne FLIR's MSX® technology, the thermal imaging system overlays visible-light details on heat maps for exceptional context.Built to EndureThe XP Pro Thermal combines a long-lasting 5000 mAh battery with fast-charge and wireless charging to keep professionals ready all day long. Designed to Sonim Rugged Performance Standards™ (RPS), it withstands water, dust, shocks, and extreme temperatures. The slim, ergonomic design, Gorilla® Glass Victus II®-protected 6.58" FHD+ display, 8GB of RAM, 256GB of storage (expandable up to 1TB1), and Android 14 make it a versatile, tough solution for everyday use.Built for Professionals in Demanding IndustriesThe XP Pro Thermal is designed to meet the needs of those working in the world's demanding roles, combining thermal imaging with durability and the ability to be easily disinfected, with use cases that include:Electrical Maintenance - Detect overheating or potential fire hazards for preventative action.HVAC and Plumbing - Pinpoint insulation gaps for increased energy efficiency, locate leaks or blockages behind walls without invasive damage.Inspection and Safety - Identify risks in low-light or hazardous environments with ease.Energy and Utilities - Detect faulty transformers, overloaded circuits, or connections; monitor pipelines for leaks which helps to improve safety and efficiency of field workers.Automotive - Quick detection of heat-related issues in engines.Construction and Home Improvement - Detecting insulation issues, air leaks, or water damage.Pest and rodent control - Identify exact location of nests and minimize invasive damage to remove them.Public safety and first responders - Provide situational awareness with a cost-effective, all-in-one tool.Agriculture - Easily monitor livestock health, detect crop stress and pests.Preloaded with the Sonim IRIS software app-which contains MyFLIR Pro-and is fully compatible with FLIR Thermal Studio, the device streamlines workflows by enabling users to analyze thermal data on-site, share findings instantly, or generate professional-grade reports.Opening Doors to InnovationSonim IRIS is a versatile software suite with an integrated SDK, enabling custom app development tailored to industries like construction, utilities, trades, and emergency services. It helps professionals streamline workflows, enhance reporting, and seamlessly integrate with existing systems to drive efficiency and performance.Key Features at a Glance**Thermal Imaging - Integrated FLIR Lepton 3.5 with MSX for enhanced visuals2.5G Connectivity - Powered by Snapdragon® 7 Gen 3 for fast sharing and live-streaming.Long-Lasting Power - Robust 5000 mAh battery with advanced charging options for all-day3 use.Ultra Durability - Military-grade certifications, IP-rated protection4, Sonim Rugged Performance standards, and Gorilla® Glass Victus II®.SonimWare software support - Comprehensive suite of professional-grade software tools for device management, application deployment, and seamless integration into enterprise workflows.Flexible Platform - SDK-enabled Sonim IRIS software for custom app development.AvailabilityThe Sonim XP Pro Thermal will launch in Europe and South Africa in Q2 2025, with availability in other regions to follow at a later date. Pre-orders will open soon.Experience it at Mobile World CongressVisit Sonim and Teledyne FLIR at Mobile World Congress, Hall 7 stand 7B6, for a firsthand look at the XP Pro Thermal. Discover how Sonim is shaping the future of rugged technology-redefining what is possible for professionals in every industry.For more information, visit www.sonimtech.com/products/phones/xp-pro-thermalTo schedule an interview, contact anette.gaven@sonimtech.comSonim is a registered trademark of Sonim Technologies, Inc.Snapdragon is a trademark or registered trademark of Qualcomm Incorporated. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patented technologies are licensed by Qualcomm Incorporated.FLIR and MSX are registered trademarks of Teledyne FLIR, LLC.Android is a trademark of Google LLC.1External storage sold separately.2The thermal imaging functionality is powered by Teledyne FLIR® OEM technology. Performance may vary based on environmental conditions and object emissivity.3Battery life varies significantly with settings, usage and other factors. 4As of the time of the publication of this press release MIL-STD-810H, IP68, and IPX9K certifications for the XP Pro Thermal are currently undergoing testing in a third-party lab and are expected to meet these standards upon completion. Final certification results may vary, and users are encouraged to verify the latest updates prior to purchase. Water and dust resistance are not permanent and may decrease with normal wear. Do not charge the device when wet.*The XP Pro Thermal is designed to operate on select carrier networks. Network compatibility and availability depend on carrier certification and local regulations. Please check with your service provider for details; Wireless connectivity, including 5G, Wi-Fi, and Bluetooth performance, may vary depending on regional availability, carrier support, and network conditions.**Features and specifications are subject to change without notice. Availability may vary by region.About Sonim TechnologiesSonim Technologies is a leading U.S. provider of ultra-rugged and rugged mobile solutions, including phones, wireless internet data devices, accessories and software designed to provide extra protection for users that demand more durability in their work and everyday lives. Trusted by first responders, government, and Fortune 500 customers since 1999, we currently sell our ruggedized mobility solutions through tier one wireless carriers and distributors in North America, EMEA, and Australia/New Zealand. Sonim devices and accessories connect users with voice, data, workflow and lifestyle applications that enhance the user experience while providing an extra level of protection. For more information, visit www.sonimtech.com.Forward-Looking StatementsThis release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements relate to, among other things, the the timeline of new products. These forward-looking statements are based on Sonim's current expectations, estimates and projections about its business and industry, management's beliefs and certain assumptions made by Sonim, all of which are subject to change. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "achieve," "aim," "ambitions," "anticipate," "believe," "committed," "continue," "could," "designed," "estimate," "expect," "forecast," "future," "goals," "grow," "guidance," "intend," "likely," "may," "milestone," "objective," "on track," "opportunity," "outlook," "pending," "plan," "poised," "position," "possible," "potential," "predict," "progress," "promises," "roadmap," "seek," "should," "strive," "targets," "to be," "upcoming," "will," "would," and variations of such words and similar expressions or the negative of those terms or expressions. Such statements involve risks and uncertainties, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. Factors that may cause actual results to differ materially include, but are not limited to, the following: the availability of cash on hand; potential material delays in realizing projected timelines for Sonim's products; the current interest and potential attempt of a hostile takeover from a third party may divert the management attention from Sonim's business and may require significant expenses; Sonim's susceptibility to supply chain disruptions; a potential strain on Sonim's resources as a result of rapid customer ramp-up and significant increases in demand; Sonim's material dependence on its relationship with a small number of customers who account for a significant portion of Sonim's revenue; risks related to Sonim's ability to comply with the continued listing standards of the Nasdaq Stock Market and the potential delisting of Sonim's common stock; Sonim's ability to continue to develop solutions to address user needs effectively, including its next-generation products; Sonim's reliance on third-party contract manufacturers and partners; Sonim's ability to stay ahead of the competition; Sonim's ongoing transformation of its business; the variation of Sonim's quarterly results; the lengthy customization and certification processes for Sonim's wireless carries customers; various economic, political, environmental, social, and market events beyond Sonim's control, as well as the other risk factors described under "Risk Factors" included in Sonim's most recent Annual Report on Form 10-K and any subsequent quarterly filings on Form 10-Q filed with the Securities and Exchange Commission (available at www.sec.gov). Sonim cautions you not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Sonim assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242257 Copyright 2025 ACN Newswire via SeaPRwire.com.
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Eastern River Pty Ltd Secures Internal and Regulatory Approvals for New Offices in Switzerland

ADELAIDE, AUS, Feb 25, 2025 - (ACN Newswire via SeaPRwire.com) - The decision to expand into Europe aligns with Eastern River's commitment to providing world-class financial services to a broader clientele and bringing a wider range of products to its Australian clients. The firm has successfully navigated the rigorous regulatory landscape to secure the necessary approvals, ensuring that the new European branch operates at the highest standards of compliance. This expansion represents a unique opportunity to better serve the firm's growing base of international clients and partners.Statement from Tekauri Hurst, CEO of Eastern River Pty Ltd:"We are incredibly excited about this new chapter for Eastern River. Securing both internal and regulatory approval to operate in Switzerland is a testament to the hard work and dedication of our team. This expansion allows us to directly engage with European clients and partners, broadening our global reach while maintaining the trust and integrity that our Australian clients have come to rely on. Switzerland, with its strong financial infrastructure and regulatory environment, is the ideal location for us to grow our business in Europe," said Tekauri Hurst, CEO of Eastern River Pty Ltd.He continued, "Our commitment to compliance, transparency, and delivering exceptional financial services remains unwavering. This move signifies not only our desire to broaden our market footprint but also our dedication to providing the best possible solutions for our clients across the globe. We look forward to building lasting relationships with investors and financial institutions in Switzerland and beyond."The new office in Zurich will serve as the headquarters for Eastern River's European operations, focusing on expanding its bond brokerage services and fostering strategic partnerships with leading European financial institutions. The firm's entry into the European market comes at a time of continued growth and opportunity within the global financial landscape.Eastern River's expansion into Switzerland is expected to significantly enhance its reputation as a trusted and reliable player in the global bond market. The firm's team in Zurich will work diligently to provide European investors and existing Australian clients with tailored bond solutions, backed by Eastern River's decades of experience and industry knowledge.About Eastern River Pty LtdBased in Adelaide, Eastern River is a leading Fixed Income Specialist, offering tailored investment solutions to help clients achieve stable and risk-adjusted returns.With a focus on corporate bonds, government bonds, and sustainable investments, Eastern River provides expert insights and strategies to navigate today's evolving market.For more information on Eastern River, please visit www.easternriver.com.Contact DetailsEastern River Pty LtdMrs. Sally Peters (Public Relations Officer)Email: media@easternriver.comSOURCE: Eastern River Pty Ltd Copyright 2025 ACN Newswire via SeaPRwire.com.
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GA-ASI Advances Sub-Hunting With Test of New Air-Dropped Sensors

SAN DIEGO, CA, Feb 26, 2025 - (ACN Newswire via SeaPRwire.com) - General Atomics Aeronautical Systems, Inc. (GA-ASI) continues to expand the role of unmanned aerial systems, demonstrating the first-ever Anti-Submarine Warfare (ASW) capability on an MQ-9B SeaGuardian®. In a groundbreaking test from January 20-30, 2025, a company-operated MQ-9B SeaGuardian successfully deployed and tested anti-submarine sensors using multiple pre-production Sonobuoy Dispensing System (SDS) pods.Having already proven its ability to track submerged targets, SeaGuardian took this capability further with GA-ASI's newly designed SDS pods. These pods deployed multiple sonobuoys to conduct onboard thermal-depth and acoustic data processing. Using Directional Frequency Analysis and Recording (DIFAR), Directional Command Activated Sonobuoy System (DICASS), and Bathythermograph sonobuoys, SeaGuardian effectively detected, tracked, and analyzed underwater targets while collecting critical acoustic intelligence."This demonstration represents a major leap forward in unmanned capabilities and marks a major milestone in proving that an unmanned aircraft can perform end-to-end persistent ASW operations," said GA-ASI President David R. Alexander. "The success of this testing paves the way for enhanced anti-submarine warfare capabilities on the MQ-9B SeaGuardian. We look forward to continued collaboration with the U.S. Navy as they explore innovative solutions for distributed maritime operations in the undersea domain."As part of the development process, GA-ASI successfully deployed multiple DIFAR and DICASS test sonobuoys, precisely correlating ejection speed with stress/strain data. This provided a high-fidelity launch model to refine future deployment capabilities.Naval Air Warfare Center Aircraft Division (NAWCAD) AIRWorks played a key role in supporting and overseeing the development, ensuring the system meets emerging warfighter needs. AIRWorks has partnered with GA-ASI in multiple ASW demonstrations, including the Rim of the Pacific (RIMPAC) exercise in July 2024.With strong demand already in place from multiple customers, GA-ASI anticipates increasing interest in the MQ-9B SeaGuardian, given its high-end maritime capabilities at a significantly lower cost than traditional manned maritime platforms.About GA-ASIGeneral Atomics Aeronautical Systems, Inc. (GA-ASI), an affiliate of General Atomics, is a leading designer and manufacturer of proven, reliable RPA systems, radars, and electro-optic and related mission systems, including the Predator® RPA series and the Lynx® Multi-mode Radar. With more than eight million flight hours, GA-ASI provides long-endurance, mission-capable aircraft with integrated sensor and data link systems required to deliver persistent situational awareness. The company also produces a variety of sensor control/image analysis software, offers pilot training and support services, and develops meta-material antennas.For more information, visit www.ga-asi.com.Avenger, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.Contact InformationGA-ASI Media Relationsasi-mediarelations@ga-asi.comSOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com.
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CGFNS International to Change Its Name to TruMerit

PHILADELPHIA, PA, Feb 26, 2025 - (ACN Newswire via SeaPRwire.com) - As it expands its mission to support healthcare workforce development on a global scale, CGFNS International announced today it will change its name to TruMerit™, a decision approved by the CGFNS Board of Trustees in fall of 2024.CGFNS International is now TruMeritThe initiative signifies a new journey for CGFNS, an acronym for Commission on Graduates of Foreign Nursing Schools, which for nearly a half-century has supported the career mobility of nurses and other healthcare workers by validating their education, skills, and experience as they seek authorization to practice in the United States and other countries. It comes in response to calls to invigorate capacity building of the healthcare workforce so it can meet the needs of people in a rapidly evolving global health landscape.TruMerit, a reference to "genuine excellence," points to the organization's role in validating the meritorious achievements of global healthcare workers. It will continue to be a worldwide leader in providing these services while broadening its mission to strengthen research and advocacy in support of healthcare workforce development solutions, including global standards and frameworks for specialty certifications that will empower career pathways for healthcare workers, regardless of where they choose to work."With this rebranding, we are stepping into a new era of global impact with faith in the proposition that healthcare workers in every country-empowered with the knowledge, tools, and inspiration to achieve excellence in their profession-can lead the way to resolving the healthcare challenges of today and tomorrow," said Dr. Peter Preziosi, the organization's President and CEO."TruMerit will advocate for and generate intellectual capital to drive investment in a future-ready global healthcare workforce. We know that a commitment to the development and validation of their skills is the best contribution we can make to addressing shortages, health equity and access challenges, and the demand for patient-centric care model evolution," he added.The name change will be the centerpiece of a comprehensive rebranding of the organization, which will include a new visual identity across its public profile, including its website, customer portals, credentials and certificates, and social media channels. The rebranding effort will begin rolling out in mid-March and will be completed by the summer."Our new name carries both a meaning and a message about who we are and what is important to the global healthcare workforce we serve," said Lea Sims, Chief Marketing and Communications Officer, who led the year-long renaming initiative and is overseeing the organization's transition to its evolving identity and new brand. "The name TruMerit reflects our longstanding mission of helping healthcare workers around the world advance their careers while preserving the earned credibility associated with CGFNS and its nearly half-century of service to nursing and the allied health professions."Click here for more information on the CGFNS rebranding to TruMerit.About CGFNS International, Inc.Founded in 1977 and based in Philadelphia, CGFNS International is an immigration-neutral not-for-profit organization proudly serving as the world's largest credentials evaluation organization for the nursing and allied health professions. CGFNS International is an NGO in Consultative Status with the United Nations Economic and Social Council (ECOSOC) and is a member of the Conference of NGOs in Consultative Relationship with the United Nations (CoNGO).Contact InformationDavid St. Johndstjohn@cgfns.orgSOURCE: CGFNS International Copyright 2025 ACN Newswire via SeaPRwire.com.
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GMG Unveils G(R) Lubricant Engine Performance Testing Results: A Transformative Graphene Energy Saving Solution for the Multi Trillion Dollar Global Liquid Fuel Industry

Brisbane, Queensland, Australia--(ACN Newswire via SeaPRwire.com - February 24, 2025) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce the results of the multi-year performance testing of G® Lubricant, a transformative graphene liquid concentrate additive designed to enhance the performance of diesel and gasoline (petrol) engines. This product has the potential to reshape the future of the global liquid fuels industry and offers an innovative solution that optimizes efficiency and power for stationary or mobile engines.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/242057_gmg1.jpgGMG is in the process of preparing packaging and marketing materials for G® Lubricant, and expects to begin a direct marketing campaign, targeting fleet owners and initially commencing in Australia and then expanding into other markets from April 2025 onwards.Click here to order a G® Lubricant sample for your own engine testing.Unleashing the Power of GrapheneG® Lubricant, a graphene liquid concentrate that can be added to any mineral or synthetic oil used in an internal combustion engine, has been shown to increase fuel efficiency by up to 8.4% in a diesel engine. The amount of graphene in the final lubricant once G® Lubricant is mixed in is only ~ 1:10,000, with the balance of the concentrate consisting of lubricating base oil. As a result, G® Lubricant can be used safely in any internal combustion engine. Over the past four years, GMG has conducted environmentally controlled testing of G® Lubricant in internal combustion engines monitored and verified by The University of Queensland. GMG's test results have been corroborated by similar savings realized by customers over a number of years of field testing.Figure 1 below shows the high level fuel efficiency improvement provided by the G® Lubricant additive, while Figure 8 provides the detailed fuel testing parameters.Figure 1: Diesel Engine Fuel Efficiency Improvement provided by G LubricantTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/242057_gmg2en.jpgThe data shows a clear increase in fuel efficiency performance from G® Lubricant when the load is increased on the engine. High loads for truck diesel engines are usually seen when the truck starts to move, and then at high speeds when encountering wind resistance. Usually stationary diesel engines for power generation operate at high load.Figure 2 shows the potential savings for the main types of diesel engine commercial vehicles in use in Australia - with average vehicle data sourced from the Australian Bureau of Statistics[1] (ABS).Figure 2: Potential Cost Savings per Vehicle Type provided by G LubricantTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/242057_gmg3en.jpgExceptional Performance Confirmed by University of QueenslandGMG's Managing Director and CEO, Craig Nicol, commented: "G® Lubricant has taken over 4 years of advanced product testing and is transformational for energy efficiency and emissions reduction for the liquid fuels industry - it is the culmination of decades of lubricants, engines, energy markets and graphene knowledge which is inherent in the GMG business. The next challenge to commercialise this product awaits - which we are eagerly preparing for."GMG's Chairman and Director, Jack Perkowski, commented: "G® Lubricant's performance, which demonstrates an 8.4% improvement in fuel efficiency using only a very small amount of graphene in an easy to use graphene concentrate, is a 'Category Creator' that has the potential to redefine the multi trillion dollar liquid fuels market. The fact that only 1% of G® Lubricant is needed to achieve such savings provides a very attractive value proposition for fleet owners."Click here to order a G® Lubricant sample for your own engine testing.US$ 1.4 Trillion Global Diesel IndustryWhilst G® Lubricant can be used to reduce fuel consumption in both diesel and gasoline/petrol engines GMG intends to focus on the diesel market initially, which is largely B2B focused, and therefore, more targeted as far as fuel cost savings and performance. GMG calculates that global diesel fuel sales totalled US$1.4 Trillion per annum[2] including taxes and duties on approximately 28 million barrels of diesel per day as detailed by the EIA2. Figure 3 shows the top 34 countries in the world with diesel fuel sales greater than US$10 Billion per annum.Figure 3: Total Diesel Fuel Sales US$ BillionTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/242057_gmg4en.jpgEstimated US$ 1.2 Billion Per Annum Global Diesel Market For G® Lubricant Assuming an average fuel savings of 8.4%, GMG believes that a conservative estimate of the potential market for G® Lubricant is 10% of the fuel savings realized by users annually. Assuming G® Lubricant pricing equal to 10% of the savings realized, GMG estimates that the potential global revenue for G® Lubricant is US$ 1.2 Billion sales per annum. Figure 4 shows GMG's estimates of potential annual sales of G® Lubricant by country.Figure 4: Total G® Lubricant Sales OpportunityTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/242057_gmg5en.jpgDetailed Equipment and Process for Testing G® LubricantThe following describes the equipment used and the process followed by the Company in demonstrating the fuel saving demonstration of the G® Lubricant in the diesel engine generator:A 30kVA (24 kW) Cummins diesel engine generator (with 14,784 hours of run time) as seen in Figure 5 and described in Figure 6 was purchased and setup in the GMG Richlands warehouse.The generator was connected to a 40 kW power load bank which consumed the energy produced by the generator and created the load and a 500 litre self-contained fuel tank.Two calibrated flow sensors were connected (inflow and return/outflow) to the fuel lines and to a data logger which recorded the fuel consumption.An Energy Analyzer was used to log and track energy produced by the generator.Tests were conducted on loads of 40%, 60% and 80% loads of the 40 kW power load bank - 12, 18, 24 kw respectively.A baseline to record diesel fuel consumption under normal engine oil and operating conditions was completed with newly changed recommended premium diesel engine oil and a new oil filter. This oil change was carried out by a professional engine maintenance service company.The engine was run at the different loads (40%, 60% and 80%) and the baseline and G® Lubricant data set used for the analytics is when the maximum ambient temperature for the day was less than 33 degrees Celsius and relative humidity was between 50% and 80% with no rain. Fuel consumption for diesel engines changes when operating in rain or very high humidity or temperatures, so the fuel consumption data baseline and G® Lubricant engine oil additive performance testing were excluded for these times.Only steady state data was used and so any variance or anomalous data seen in either baseline or G® Lubricant datasets were removed from the analytics. Data sets were grouped into minute blocks.Once the baseline fuel tests were completed, the engine oil was drained and the oil filters were replaced. G-Lubricant with approximately 1:100 concentration was mixed at approximately 1% ratio by weight with a new batch of the same premium recommended engine oil and added to the generator engine. The end ratio of GMG's Graphene to the diesel engine oil was approximately 1:10,000 by weight. The oil change was carried out by the same professional engine maintenance service company.G® Lubricant PackagingG® Lubricant is currently sold by GMG in different small pack sizes, a 500 ml pack is shown in Figure 5 which can be diluted into 50 litres of engine oil to provide improved engine performance. GMG intends to direct market the product to its targeted markets through various pack sizes for direct and bulk use.Figure 5: G® Lubricant 500 ml pack (which can be used to dose 50 litres of engine oil)To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/242057_gmg7en.jpgClick here to order a G® Lubricant sample for your own engine testing.Figure 6: Diesel Engine Generator EquipmentTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/242057_7719c67484409aad_011full.jpgFigure 7: Diesel Engine Generator Equipment Parameters.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/242057_gmg8en.jpgThe detailed data for this fuel test is shown below in Figure 8LoadEngine Oil UsedNo of Data PointsFuel Used (litre per hour)Power Output (kWh)Fuel Efficiency (kWh per litre)% Fuel Efficiency Increase from G® Lubricant40% LoadPremium Diesel Engine Oil (PDEO)107370Mean: 211.95Average:3.03 StandardDeviation: 0.60StandardDeviation:0.01Min: 210.31Min: 3.00Max: 214.49Max: 3.06 PDEO + G® Lubricant136766.7Average: 211.84Average: 3.184.9%StandardDeviation: 0.68StandardDeviation: 0.24Min: 209.89Min: 2.64Max: 213.45Max: 3.5660% LoadPremium Diesel Engine Oil (PDEO)41890Average: 297.13Average: 3.30 StandardDeviation: 0.65StandardDeviation: 0.01Min: 295.06Min:3.28 Max: 298.42Max: 3.32 PDEO + G® Lubricant148684.9Average: 301.31Average: 3.557.5%StandardDeviation: 7.62StandardDeviation: 0.20Min: 294.13Min: 3.27Max: 313.85Max: 4.2280% LoadPremium Diesel Engine Oil (PDEO)811120Average: 404.52Average: 3.37 StandardDeviation: 0.79StandardDeviation: 0.01Min: 402.62Min: 3.36Max: 406.20Max: 3.38 PDEO + G® Lubricant1756110.6Average: 404.21Average: 3.658.4%StandardDeviation: 1.26StandardDeviation: 0.13Min: 401.30Min: 3.34Max: 407.37Max: 4.49 Figure 8: Detailed Diesel Engine Generator Performance Data.Basis for Performance ImprovementAs seen in Figure 9, G® Lubricant GMG improves fuel efficiency by creating less friction in the boundary layer lubrication of the pistons inside the cylinder block of the engine. It is widely accepted that approximately 30% of the fuel is used in an engine to overcome internal friction, and that approximately 60% of the engine friction is in the piston area. Graphene has also been seen to prevent wear and also fill in wear scars of an engine, helping to improve piston sealing.Figure 9: G® Lubricant is believed to reduce friction in the engine pistons.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/242057_gmg9.jpgPatent Progress of G® LubricantGMG submitted a patent application on the G® Lubricant product as soon as it was possible, and this is progressing through the usual process to be approved for the main target markets.About GMG:GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking Statements This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, the potential of G Lubricant to optimize efficiency and power for stationary or mobile engines, the potential of G Lubricant to reshape the future of the global liquid fuels industry, GMG's intention to commercialise and market G Lubricant, the progress of the Company's patent applications, the potential market for G Lubricant and the potential revenue available for G Lubricant.Such forward-looking statements are based on a number of assumptions of management, including, without limitation that G Lubricant has the potential to optimize efficiency and power for stationary or mobile engines, that G Lubricant has the potential to reshape the future of the global liquid fuels industry, that GMG will commercialize and market G Lubricant, that the Company's patent applications will progress as anticipated, and that the potential market and revenue available for G Lubricant will be as currently forecasted. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that G Lubricant will not offer an innovative solution that optimizes efficiency and power for stationary or mobile engines, that G Lubricant will not reshape the future of the global liquid fuels industry, that GMG will commercialize and market G Lubricant as anticipated, that the Company's patent applications will not progress as currently anticipated, that the potential market and revenue available for the G Lubricant product is not as currently calculated, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated October 3, 2024 available for review on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.[1] ABS Source: https://www.abs.gov.au/statistics/industry/tourism-and-transport/survey-motor-vehicle-use-australia/latest-release[2] Using EIA diesel volumes for 2023 and www.globalpetrolprices.com diesel prices per country as of January 15th 2025To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242057 Copyright 2025 ACN Newswire via SeaPRwire.com.
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CALB (3931.HK) Announced a Positive Profit Alert

HONG KONG, Feb 24, 2025 - (ACN Newswire via SeaPRwire.com) - CALB Group Co., Ltd. ("CALB" or "the Company," stock code: 3931.HK) published a positive profit announcement. The Company is expected to record a net profit ranging from approximately RMB786 million to RMB874 million for the year ended 31 December 2024, representing an increase ranging from approximately 80% to 100% as compared to the net profit of RMB437 million for the same period last year. The expected growth is primarily attributable to the following factors: Firstly, the Company broadened its operations and achieved sustained business growth, which significantly improved its economies of scale; secondly, the Company, leveraging its advanced technology and robust product capabilities, continually improved its product performance and consistently lowered costs, therefore resulting in a year-on-year increase in profits during 2024.CALB stated that, as one of the fastest-growing international new energy enterprises, the Company adheres to a dual-drive strategy focusing on power and energy storage, actively promotes global expansion, accelerates the construction of its global infrastructure, and improves its production, sales, and service networks to provide strong support for global delivery. With a series of world-first and innovative technologies and products, the Company has achieved exponential growth. Its products have been exported to more than 40 countries and regions worldwide, and established a good relationship with the world's leading enterprises. The realization of scale effects from business growth is one of the primary reasons for the company's significant revenue increase.Furthermore, as a battery expert, CALB has been adhering to the philosophy of technological innovation, maintaining its leading position in both product and technology. The Company continues to increase its R&D investments, which not only reduces costs but also enables the launch of more high-performance and high-safety battery products. With the further expansion of global demand for power and energy storage markets, the Company is committed to developing products that are better suited to various application scenarios, in order to satisfy the ever-changing customer needs. CALB is expected to achieve sustained profit growth, thereby better rewarding investors and shareholders.About CALBCALB is a new energy enterprise specializing in the research, production, sales, and market application development of lithium batteries, battery management systems, and related integrated products and lithium battery materials. As Battery Expert, we aim to build a comprehensive energy operation system, to provide complete product solutions and full life-cycle management for the new energy application market, represented by power and energy storage.Currently, CALB has completed an all-round layout in domestic by setting up industrial bases in Changzhou, Xiamen, Wuhan, Chengdu, Hefei, Jiangmen and Meishan. Meanwhile, CALB has set up bases in Europe and ASEAN, vigorously expanding the layout all over the world to become a global leading enterprise with large-scale intelligent manufacturing capabilities. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Blackrock Silver Steps Out and Hits Multiple +1 kg/t AgEq Intercepts in First Assays from Resource Expansion Program at Tonopah West

Multiple High-Grade Veins Encountered in Corridor Bridging the Southern Portion of a 1-kilometre Gap Between the DPB and the NW Step Out Area with Additional Resource Expansion Program Drilling PlannedRESOURCE EXPANSION PROGRAM HIGHLIGHTS:TXC25-123 returned assays up to 23.47 g/t Au and 2,223 g/t Ag for 4,335 g/t AgEq over 0.31 metres within a 3.05 metre zone grading 225 g/t Ag and 2.41 g/t Au for 442 g/t AgEq;TXC24-113 yielded 7.14 g/t Au and 614 g/t Ag for 1,257 g/t AgEq over 0.31 metres, and 1.68 metres of 364 g/t Ag and 0.03 g/t Au for 367 g/t AgEq;TXC25-124 returned 8.06 metres grading 1.23 g/t Au and 122 g/t Ag for 233 g/t AgEq, including 0.76 metres of 779 g/t Ag and 7.85 g/t Au for 1,486 g/t AgEq;Multiple high-grade vein intercepts in drillholes TXC24-113, TXC25-123 and TXC25-124 returning multi-kilogram AgEq assays;The NW Step Out target shows potential to add an additional 30 to 50% of new resource to Tonopah West, allowing for the capture and inclusion of the NW resource (1.0M tonnes containing an inferred 6.4M ozs Ag and 63k ozs Au or 12.1M ozs AgEq)1 into a future updated preliminary economic assessment on Tonopah West; andSeven additional core holes are planned to reduce the spacing to 50-metre drill centres along a 450 metre portion of the trend.Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - February 24, 2025) - Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) (FSE: AHZ0) ("Blackrock" or the "Company") announces the first set of results from its exploration drill program (the "Resource Expansion Program") that is targeting expansion potential across a one kilometre trend of vein corridor linking the Denver-Paymaster ("DP") and Bermuda -Merten ("Bermuda) vein groups (collectively "DPB") and the Northwest ("NW") Step Out resource areas on its 100% owned Tonopah West project ("Tonopah West") located in Nye and Esmeralda Counties, Nevada, United States.The first assays from the Resource Expansion Program targeting the extension of the Tonopah West vein system returned results that confirm the Company's geologic model and will be followed up on over the coming months in an expanded program. The initial Resource Expansion Program consisted of nine core holes with reverse circulation (RC) pre-collars and two core holes drilled from the surface. A total of 6,548 metres (21,484 feet) of drilling was completed.The assay results show the extension of the silver and gold system continues to the northwest from the DPB resource area across the 1-kilometre vein corridor with each drillhole intersecting multiple mineralized quartz veins. A follow-up drill program is being planned that will reduce the drill spacing for over 450-metres of strike to 50 to 75-metre centers along the silver-gold trend that will be included in a future updated resource estimate. The NW Step Out zone is also open to the northwest and down dip, and connection with the DPB resource looks promising.The mineralized quartz veins returned significant gold and silver values with gold (Au) up to 23.467 grams per tonne (g/t) Au and silver (Ag) values at 2,223 g/t Ag. In addition, drill thickness shows significant potential with vein intercepts exceeding 8 metres in TXC25-124. The NW Step Out target shows potential to add an additional 30 to 50% of new resource Tonopah West, connecting the zone to DPB, allowing for the capture and inclusion of the existing NW resource (1.0 million (M) tonnes containing an inferred 6.4 M ounces (ozs) Ag and 63k ozs Au or 12.1M ozs silver equivalent (AgEq))1 into a future updated preliminary economic assessment on Tonopah West.Andrew Pollard, the Company's President and Chief Executive Officer stated: "Initial assay results from our Resource Expansion Program have validated our geologic model, confirming multiple +1k g/t AgEq intercepts on the extension of the system across a host of veins over a 500-metre span of our one-kilometre gap. These results strengthen our confidence in adding both significant ounces and mine life at Tonopah West. Drilling has successfully connected high-grade mineralization within the southern portion of a one-kilometer gap within the vein corridor, linking the DPB resource area and mine plan to the 12-million-ounce AgEq NW Step Out deposit-excluded from our 2024 preliminary economic assessment. Initial results have successfully traced mineralized structures along a 500-metre extension of this zone, suggesting the potential to increase our existing mineral inventory by 30% to 50% and integrate the orphaned NW Step Out deposit. With our model becoming more robust, we are increasing expansion drilling with the goal of fully integrating the one-kilometre trend into our next preliminary economic assessment on Tonopah West, with an updated mineral resource estimate on Tonopah West planned in both Q3, 2025, in addition to a further updated mineral resource estimate and preliminary economic assessment on Tonopah West scheduled for completion in Q2 2026."Table 1: Tonopah West Assay Intercepts using 150 g/t AgEq cut offDrillhole IDProgramFrom (m)To (m)Drillhole Interval (m)Ag g/tAu g/tAgEq g/tTXC24-113Expansion478.08478.390.31614.07.1401,256.7TXC24-113Expansion503.13504.661.52116.80.904198.2TXC24-113Expansion538.43540.111.68364.00.033367.0TXC24-114Expansion394.08395.631.5593.91.553233.7Including394.08394.410.34288.05.270762.4TXC25-123Expansion436.87437.540.67182.01.690334.1TXC25-123Expansion471.83474.883.05225.42.412442.5Including471.83472.140.312,223.023.4674,335.3TXC25-124Expansion370.03378.628.60121.61.233232.6Including371.55372.310.76778.67.8541,485.6TXC25-124Expansion407.40410.262.87176.81.785337.5Including407.40407.760.371,344.013.5002,559.2AgEq gpt=(Au gpt*90)+Ag gpt; True thickness unknown at this time; NSV=No values above cut off; Cut-off grade is 150 gpt AgEq; RC/Core = RC pre-collar with core tail; Core is core from the surface. Drillholes TXC24-106, -109, -110, and -111, drilled on the northern portion of the trend were too far east to reach the mineralized structures. Drillhole TXC24-108 cut multiple veins, but returned values below the cut-off grade (0.31 metres grading 117 g/t Ag, 0.165 g/t Au for 132 g/t AgEq; 0.67 metres grading 73 g/t Ag, 0.263 g/t Au for 96 g/t AgEq; and 0.64 metres yielding 50 g/t Ag, 0.24 g/t Au for 72 g/t AgEq starting at 578m, 590m and 631m respectively). TXC24-112 was drilled in a northwesterly direction and deviated to the northwest thereby paralleling the main structural grain. One drillhole, TXC24-107, which was cored from surface was lost before reaching the target depth.With drillholes TXC24-113, -114 and TXC25-123 and -124 cutting multiple high-grade veins, the exploration group has a better understanding of the geometry of the NW Step Out structures that will be used for refined targeting of our expanded Resource Expansion Program.Table 2: Tonopah West Drillhole Location Coordinates (based on GPS readings in the field, Datum UTM, NAD 1927, Zone 11)Drillhole IDAreaTypeUTM_NAD27 EUTM_NAD27 NElevation (m)Depth (m)AzimuthInclineTXC24-106NW Step OutRC/Core476887.14214846.11746.6770.5270-80TXC24-107NW Step OutLost476889.24214843.01746.9118.0230-65TXC24-108NW Step OutCore476891.54214844.81747.3713.4230-65TXC24-109NW Step OutRC/Core476911.14214747.81748.0657.5270-80TXC24-110NW Step OutRC/Core476925.94214639.91744.1657.5270-80TXC24-111NW Step OutRC/Core477058.84214642.71747.6708.7230-65TXC24-112NW Step OutRC/Core477316.74214181.81751.9737.0290-65TXC24-113NW Step OutRC/Core477311.24214181.01751.7540.1220-75TXC24-114NW Step OutRC/Core477403.84214041.91757.9618.1220-75TXC25-123NW Step OutRC/Core477508.74214018.01767.1502.3180-65TXC25-124NW Step OutRC/Core477647.04213941.21763.5525.5180-60 Figure 1 is a plan map showing the location of all the drillholes in the Resource Expansion Program and highlighting those mentioned in this news release.Figure 1: Drillhole location map of the Resource Expansion Program showing drillholes mentioned in this news release.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/676/241966_2d02b911645078a6_001full.jpgQuality Assurance/ Quality ControlAll sampling is conducted under the supervision of the Company's project geologists, and a strict chain of custody from the project to the sample preparation facility is implemented and monitored. The RC and core samples are hauled from the project site to a secure and fenced facility in Tonopah, Nevada, where they are loaded on to American Assay Laboratory's (AAL) flat-bed truck and delivered to AAL's facility in Sparks, Nevada. A sample submittal sheet is delivered to AAL personnel who organize and process the sample intervals pursuant to the Company's instructions.The RC samples are lined out at the lab and logged in to AAL's system. The core samples are cut using core saws and personnel at AAL's facility in Sparks, Nevada according to the Company's instructions delivered with each core hole.All samples are dried, crushed to 85% passing 10 mesh (2mm) and a 250-gram sub-sample split is collected and pulverized to 200 mesh (74 micron) in a ring and puck pulverizer. Then the pulverized material is digested and analyzed for gold using fire assay fusion and an Induced Coupled Plasma (ICP) finish on a 30-gram assay split (FA-PB30-ICP). Silver is determined using five-acid digestion and ICP analysis (ICP-5AM48). Over limits for gold and silver are determined using a gravimetric finish (GRAVAU30 and GRAVAG30). Data verification of the assay and analytical results are completed to ensure accurate and verifiable results. Blackrock personnel insert a blind prep blank, lab blank or a certified reference material approximately every 15th to 20th sample.Qualified PersonsBlackrock's exploration activities at Tonopah West are conducted and supervised by Mr. William Howald, Executive Chairman of Blackrock. Mr. William Howald, AIPG Certified Professional Geologist #11041, is a Qualified Person as defined under NI 43-101. He has reviewed and approved the contents of this news release.About Blackrock Silver Corp.Backed by gold and silver ounces in the ground, Blackrock is a junior precious metal focused exploration and development company driven to add shareholder value. Anchored by a seasoned Board of Directors, the Company is focused on its 100% controlled Nevada portfolio of properties consisting of low-sulphidation, epithermal gold and silver mineralization located along the established Northern Nevada Rift in north-central Nevada and the Walker Lane trend in western Nevada.Additional information on Blackrock can be found on its website at www.blackrocksilver.com and by reviewing its profile on SEDAR+ at www.sedarplus.ca.Cautionary Note Regarding Forward-Looking Statements and InformationThis news release contains "forward-looking statements" and "forward-looking information" (collectively, "forward-looking statements") within the meaning of Canadian and United States securities legislation, including the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements in this news release relate to, among other things: the Company's strategic plans; the intention to expand the Resource Expansion Program; the timing of completion of the Company's drill program at Tonopah West and the anticipated objectives and results therefrom; the interpretation of the assay results from the Resource Expansion Program; the potential to add an additional 30 to 50% of new resource Tonopah West, connecting the zone to DPB, allowing for the capture and inclusion of the existing NW resource; the timing of completion of updated mineral resource estimates and updated preliminary economic assessments on Tonopah West; the Company's de-risking initiatives at Tonopah West; estimates of mineral resource quantities and qualities; estimates of mineralization from drilling; geological information projected from sampling results; and the potential quantities and grades of the target zones.These forward-looking statements reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies. These assumptions include, among other things: conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; the historical basis for current estimates of potential quantities and grades of target zones; the availability of skilled labour and no labour related disruptions at any of the Company's operations; no unplanned delays or interruptions in scheduled activities; all necessary permits, licenses and regulatory approvals for operations are received in a timely manner; the ability to secure and maintain title and ownership to properties and the surface rights necessary for operations; and the Company's ability to comply with environmental, health and safety laws. The foregoing list of assumptions is not exhaustive.The Company cautions the reader that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results and developments to differ materially from those expressed or implied by such forward-looking statements contained in this news release and the Company has made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; receipt, maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data; general market and industry conditions; and those factors identified under the caption "Risks Factors" in the Company's most recent Annual Information Form.Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.For Further Information, Contact:Andrew PollardPresident and Chief Executive Officer(604) 817-6044info@blackrocksilver.com1 Technical information relating to Tonopah West is based on and derived from the National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") technical report prepared for Blackrock entitled "Preliminary Economic Assessment of Mineral Resources, Tonopah West Silver-Gold Project, Nye and Esmeralda Counties, Nevada, USA" with an effective date of September 4, 2024 and dated October 11, 2024, available under the Company's SEDAR+ profile at www.sedarplus.ca.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241966 Copyright 2025 ACN Newswire via SeaPRwire.com.
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Hong Kong rated as leading sustainable business hub

HONG KONG, Feb 24, 2025 - (ACN Newswire via SeaPRwire.com) - Hong Kong has been globally recognised as taking a lead in sustainable business development. This is the key finding from the preliminary edition of the HKTDC ESG Index, an important new metric introduced by the Hong Kong Trade Development Council (HKTDC) with the aim of ensuring local, Mainland China and global enterprises have an in-depth understanding of the city’s strengths as an ESG (environmental, social and governance) business hub.The index is based on an analysis of how businesses perceive Hong Kong’s strengths across the three established ESG criteria: environmental, social and governance. The initial research factored in the views of more than 1,200 businesses through surveys conducted by the HKTDC at many of its most high-profile trade fairs and related business events in 2024.Explaining the rationale behind the launch of the new index and its ongoing significance for Hong Kong, Irina Fan, Director of HKTDC Research, said: “This new metric has been devised to help domestic and global businesses gauge the efficacy of Hong Kong as a platform for sourcing ESG-related products and services, as well as identifying more ESG-responsible counterparts. We believe the index will significantly contribute to the overall understanding of the business world’s prioritisation of sustainable operational models and the real and lasting contribution Hong Kong is making to this shift at a global, regional and local level.”Overall, Hong Kong scored highly in the index across all three criteria, receiving an aggregated total of 64.3 points. This figure is well above the neutral watershed point of 50 and indicates the city’s status as an effective and highly regarded global ESG business hub.Hong Kong rates highly across all criteria as an ESG hubThis high score was reflected in the marks accorded to each criterion – Environmental (63,8), Social (65.0), and Governance (64.7). Across these categories, respondents from the three designated geographical regions all had distinct individual preferences and their own specific reasons for awarding the city such high marks.In the case of Hong Kong’s Environmental credentials, respondents from the mainland (68.6) saw Hong Kong’s strengths as lying primarily in its provision of green and sustainable investment opportunities. International enterprises (67.2), meanwhile, had a particularly high regard for the availability and diversity of green and sustainable solutions, while local businesses rated the quality and innovation of the city’s portfolio of green and sustainable products and services most highly.Regarding the Social Sub-Index, it was Hong Kong’s ESG-related expertise and talents that most impressed mainland survey respondents, followed by the city’s success in promoting cross-border ESG knowledge exchange. International and Hong Kong-based respondents highly rated the engagement of local businesses in community development and social welfare programmes, as well as the ability to find socially responsible business partners.For the Governance Sub-Index, Hong Kong’s proficiency in facilitating effective ESG-oriented international collaborations, particularly with regard to international standard-setting and the provision of market access, was highly valued by all participants regardless of location. Mainland respondents also singled out the effectiveness of Hong Kong’s ESG reporting frameworks and regulations.Commercial advantages of ESG engagementIn addition to its core focus on the views of buyers and vendors regarding the efficacy of Hong Kong as an ESG hub, the research also set out to provide insights into other developmental aspects of ESG-related business. Among the key findings here were:All buyers currently sourcing ESG-related products or services indicated they were willing to pay a higher premium for such products or services. Some 68% of them were willing to pay a premium of at least 10% to secure such items. This is largely because prioritising ESG-friendly solutions is seen as likely to enhance a company’s brand reputation and corporate image while ensuring compliance with all relevant regulatory requirements and risk-management protocols.All vendors currently providing ESG-related products or services maintained they earned additional profit margins from such products or services. Approximately 72% of them reported that the additional profit margins delivered by such activities were 10% or higher than those related to comparable non-ESG-compliant products and services. In addition, by meeting market demand for ESG-related products and services, such vendors also saw themselves as positively differentiated from their competitors and, consequently, gaining a commercial advantage.Nearly 90% of respondents see ESG considerations as an integral element of their overall business decision-making process, underscoring the general acceptance of the importance of such principles.MethodologyThe provisional findings of this initial edition of the HKTDC ESG Index were drawn from a survey of 1,200+ vendors or buyers in attendance at seven HKTDC trade fairs and business events from April to December 2024. The survey will be completed in March and the first full edition of the index will be released thereafter. Full details of the methodology used for the survey can be found in the Appendix to the Preliminary Report.Photo download: https://bit.ly/4hbnJbj(from left) HKTDC Director of Research Irina Fan, Principal Economist (Global Research Team) Alice Tsang, Economist Edmund Lo and Senior Economist Nicholas Fu announced the preliminary edition of the HKTDC ESG Index at a press conference today.HKTDC Director of Research Irina FanHKTDC Principal Economist (Global Research Team) Alice TsangHKTDC Senior Economist Nicholas FuHKTDC Economist Edmund LoMedia enquiriesPlease contact the HKTDC’s Communication and Public Affairs Department:Jane Cheung Tel: (852) 2584 4137 Email: jane.mh.cheung.hktdc.orgJohnny Tsui Tel: (852) 2584 4395 Email: johnny.cy.tsui@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in 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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HKIRA 11th IR Awards 2025 now open for nomination

HONG KONG, Feb 24, 2025 - (ACN Newswire via SeaPRwire.com) - Hong Kong Investor Relations Association (HKIRA) is pleased to announce that public nomination is now open for the HKIRA IR Awards 2025 (the ‘Awards’). This will be the eleventh consecutive year of the Awards at which best IR and corporate governance practices are recognized among Hong Kong listed companies.Dr Eva Chan, Founding Chairman of HKIRA, said, “Stepping into the 11th year of the IR Awards, HKIRA is glad to be witnessing over a decade of dedication and professionalism of Hong Kong’s IR professionals. It has been a challenging few years for the Hong Kong financial market. The IR industry has been taking up a more important role in regaining global investors’ confidence in Hong Kong stocks, the valuations of which are currently extremely attractive. It is also worth noting that with the development of AI, more will be expected from IR professionals, in terms of both responsiveness and awareness of latest market changes. HKIRA will continue to encourage best IR practice and support Hong Kong IR professionals’ development. We look forward to recognizing some of our most outstanding industry participants at this year’s IR Awards.”Last year, 120 award entries were received from listed companies, over 480 eligible voters and over 277 voting institutions participated in the voting. 40 winners from various categories were recognized at the Awards. Among the winners, China Resources Beer (Holdings) Company Limited (stock code: 00291), Xtep International Holdings Limited (stock code: 01368) and CGN New Energy Holdings Company Limited (stock code: 01811) were awarded Overall Best IR Company by company size – Large Cap, Mid Cap and Small Cap – respectively.The HKIRA 11th IR Awards 2025 is once again honoured to have Professor Louis Cheng, Dr. S H Ho Professor of Banking and Finance and the Director of Research Centre for ESG at The Hang Seng University of Hong Kong, as the Chairman of the Judging Panel. Being an advocate and a researcher of best practice of IR, Professor Cheng has in recent years been promoting the idea of integrating ESG into investors’ decisions. ESG-related awards have been added to the HKIRA IR Award categories since 2020. In addition, Professor Cheng has been working with HKIRA to continuously fine-tune the award criteria and categories to better recognise the latest development of IR activities and strategies in Hong Kong and Asia.Public nomination for the HKIRA 11th IR Awards 2025 is now open to Hong Kong-listed companies. Nominated individuals and companies will be placed on the online voting list upon confirmation of their participation. The investment community, including buy-side and sell-side analysts, and fund managers, are eligible to vote. Nominees with the highest votes (weighted) in each award category will be shortlisted and then undergo a final assessment by the judging panel. Finally, the Most Progress in IR, IR Committed Company, Overall Best IR Company and Grand ESG Awards will be selected by the judging panel. Facilitating a fair and balanced evaluation, the judging panel comprises academics, representatives from professional associations and the investment community.The HKIRA 11th IR Awards 2025 scheme has a total of 16 award categories honouring best IR practices of individuals and companies. Among these awards, 12 categories are open for nomination and voting, while the other 4 awards are selected by the judging panel. The award winners are to be announced at a ceremony to be held in Hong Kong in June/July 2025. For more information, please visit www.hkira.com/awards.Strategic Public Relations Group is proud to be the Official Public Relations Partner and Silver Sponsor for the HKIRA IR Awards this year. Please find key dates relating to the Awards with its categories and criteria for selection listed in the Appendix.About HKIRAHong Kong Investor Relations Association (HKIRA) is a non-profit professional association comprising investor relations practitioners and corporate officers responsible for communication between corporate management and the investment community. HKIRA advocates the setting of international standards in IR education, advances the best IR practices and meets the professional development needs of those interested in pursuing the investor relations profession.HKIRA is dedicated to advancing the practice of IR as well as the professional competency and status of its members. To date, HKIRA has over 1,300 members most of whom are working for companies primarily listed on the Stock Exchange of Hong Kong. About 70% of the Hang Seng Index Constituent Stock companies are currently members of HKIRA. HKIRA’s members are from a wide spectrum of professions including IR, finance, accounting, company secretarial to corporate investment and hold positions at different corporate levels, including top executives responsible for IR and management of listed companies. For more information about HKIRA details, please visit our website http://www.hkira.com.About the IR AwardsThe HKIRA Investor Relations Awards (the “IR Awards”) is an annual campaign that aims to encourage, recognize and reward the excellence in investor relations practices by individuals and companies listed in Hong Kong Stock Exchange. Since the launch in 2015, each year the Awards seeks out and highlights the incredible achievements of individuals and companies with high standards in investor relations through their role modelling to the investment community.The Awards ceremony, consisting of a conference in the morning and presentation in the afternoon, is a spectacular gathering of IR specialists and industry professionals that applauds and publicizes the year’s achievements in investor relations. For details of the Awards and online nominations, please visit http://www.hkira.com/awards.Media enquiries:Strategic Public Relations GroupCindy LungTel: +852 2864 4867Email: cindy.lung@sprg.com.hkCoco YuTel: +852 2864 4876Email: coco.yu@sprg.com.hk Website: www.sprg.asiaHong Kong Investor Relations AssociationViolet ChanTel: +852 2117 1846Email: irawards@hkira.comWebsite: www.hkira.com AppendixKey DatesNomination period21 February to 27 March 2025Online voting period8 April – 13 May 2025Judging Panel MeetingSecond half of May 2025Award PresentationJune /July 2025Award CategoriesAward CategoriesRecognitionSelection MethodBest IR CompanyCompany’s AchievementsOpen for nomination and online votingBest IR TeamBest ESG (E)Best ESG (S)Best ESG (G)Best Investor MeetingBest Investor Presentation MaterialBest Annual ReportBest IR Company for an IPO*Best IR by Chairman/CEOIndividual’s AchievementsBest IR by CFOBest IRO (Investor Relations Officer)Most Progress in IRDemonstration of the most progress in IR in the above areas during 2024Selected by Judging PanelIR Committed CompanyDemonstration of substantial efforts and allocated valuable resources towards enhancing their IR functionsOverall Best IR Company AwardsOutstanding and all-round excellence in the above areasGrand ESG AwardOverall excellence in all the three areas across ESG* Companies which were listed on the Stock Exchange of Hong Kong in 2023 and 2024 are eligible to be nominated for this award.Remarks: All awards will be further categorised by company market capitalisation into Large Cap, Mid Cap, and Small Cap, except Best IR Company for an IPO, Most Progress in IR and IR Committed Company Awards.Judging Panel (Arranged in alphabetical order of last name)NameTitleFirms / OrganizationsProfessor Louis Cheng(Chairman of Judging Panel)Dr. S H Ho Professor of Banking and Finance,Directorof the Research Centre for ESGThe Hang Seng Universityof Hong KongMrs. Amy DonatiExecutive Director and Chief Executive OfficerEDICO Holdings LimitedDr. Alvin Ho, CFA, CPAPresidentCFA Society Hong KongMr. Stephen LawVice-PresidentHong Kong Institute of Certified Public AccountantsMr. Andrew LookIndependent Non-Executive DirectorCITIC Resources Holdings LimitedMs. Victoria Mio, CFA, FRMPortfolio Manager, Head ofGreater China EquitiesJanus Henderson InvestorsDr. Maurice NgaiGeneral Committee and theChairman of MembershipServices of the Sub-CommitteesThe Chamber of Hong Kong Listed Companies Copyright 2025 ACN Newswire via SeaPRwire.com.
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“Hong Kong Holiday & Travel Expo 2025” Successfully Concludes

The 4-day "Hong Kong Holiday & Travel Expo 2025" concluded successfullytoday, with attendance reaching a new record high.HONG KONG, Feb 24, 2025 - (ACN Newswire via SeaPRwire.com) - The "Hong Kong Holiday & Travel Expo 2025," a premier travel carnival, concluded today with resounding success, which marks a significant 27% increase in attendance compared to the expo last year. The exhibition hall was abuzz with activity, and exhibitors reported robust business performance, underscoring the public's unwavering enthusiasm for travel products and experiences.Mr. Carl Wong, Chairman of Exhibition Group Limited, commented, "We are thrilled to see the record-breaking attendance at this year's expo, which validates our strategic focus on delivering an immersive, carnival-style experience for visitors. In addition to offering premium travel products and a series of informative seminars, we introduced a mascot parade for the first time, featuring mascots from various regions engaging directly with attendees. This initiative received overwhelmingly positive feedback, not only driving higher footfall but also creating enhanced business opportunities for our exhibitors."As the co-organizer of the expo, the Travel Industry Council of Hong Kong is thrilled that attendance at the "Hong Kong Holiday & Travel Expo 2025" has once again set a record. Mr. Tommy Tam, Chairman of the Travel Industry Council of Hong Kong, remarked, "exhibitors are extremely satisfied with both the visitor turnout and the sales results from this expo, and the attendees also left very pleased. I hope the Exhibition Group will continue to provide high-quality travel purchasing experiences for travelers in Hong Kong and the Greater Bay Area in the future, offering them more benefits and further developing the exhibitions into the travel expos that travelers truly enjoy attending!"Exhibitors highlighted the vibrant, festive atmosphere as a key factor in attracting larger crowds and boosting visitor engagement. Goldjoy Travel Limited reported that their sales on the first day alone doubled their initial targets. Overseas Property Tour Limited noted a 40% year-on-year increase in sales for small group tours, while property viewing tours saw a remarkable 60% surge. Similarly, EAT PLAY TRAVEL expressed great satisfaction with this year's results, achieving a 40% increase in sales compared to September 2024. Encouraged by the strong performance, EAT PLAY TRAVEL has already planned to participating in future editions of the expo.In line with the government's emphasis on "silver economy," this year's expo introduced special initiatives to cater to the elderly demographic, including free admission and exclusive gifts for visitors aged 65 and above. These measures proved highly effective, with elderly attendance rising by nearly 20% compared to September 2024. Exhibitors welcomed this trend, recognizing the immense potential of the silver-hair market. For instance, TravPholer reported that senior visitors showed particular interest in long-haul tours to destinations such as Africa, Latin America, and the Middle East, with this demographic accounting for 70% of all travel product inquiries. First-time exhibitor Hualien Tour also noted that seniors made up 60% of their customer base, with a strong preference for three-day, two-night packages. Given the success of these initiatives, Mr. Carl Wong confirmed that the group will continue to roll out tailored offers for seniors at future events.Mr. Carl Wong concluded, "We are deeply gratified by the overwhelming support from both exhibitors and the public for the 'Hong Kong Holiday & Travel Expo.' Given its growing popularity, we are committed to establishing the expo as a regular flagship event, providing an unparalleled one-stop platform for travel enthusiasts and industry professionals alike."Photo with caption: The four-day event set a new attendance record, marking a 27% increase in visitor numbers compared to the expo held in 2024. The exhibition hall was bustling with activity, clearly reflecting the public's ongoing enthusiasm and strong demand for travel products. This year's expo provided free admission and special gifts for seniors aged 65 and older, successfully boosting the proportion of elderly attendees at the event. The Organizer introduced a mascot parade for the first time, featuring mascots from various regions engaging directly with attendees, which not only driving higher footfall but also creating enhanced business opportunities for exhibitors.About Hong Kong Holiday & Travel ExpoThe first consumer-oriented travel carnival in Hong Kong, the “Hong Kong Holiday & Travel Expo” was created by the Exhibition Group Limited and was first organized in February 2024. The expo aims to allow the general public to directly purchase travel products from over 300 booths, including travel agencies, airlines, theme parks, hotels, restaurants, tourism boards, and travel experience platforms. It truly satisfies the travel needs of citizens in terms of dining, shopping, entertainment, flights and accommodation at the travel carnival.About Exhibition Group LimitedExhibition Group Limited is one of Hong Kong's leading exhibition planning companies. Established in 2003 by a core group of innovative, experienced and professional exhibition experts, it is a leading event management company specializing in the planning and management of world-class public exhibitions, conventions and trade shows across a wide range of industries. With many years of experience in the industry, we are renowned in the exhibition industry for our commitment to the development of the exhibition and marketing business.This press release is issued by Strategic Communication Consultants Limited (SCC) on behalf of Exhibition Group Limited.Strategic Communications Consultants Limited (SCC)Vincent Ip Tel:2114 4341 / 5498 9705Email:vincent.ip@sprg.com.hk Fax:2114 0880 Andico TsuiTel:2114 4346 / 6902 3831Email:andico.tsui@sprg.com.hkFax:2114 0880 Copyright 2025 ACN Newswire via SeaPRwire.com.
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CALB (3931.HK) Included in the Hang Seng Composite Index

HONG KONG, Feb 23, 2025 - (ACN Newswire via SeaPRwire.com) - CALB Group Co., Ltd.("CALB" or "the Company," stock code: 3931.HK) announced that it has been included in the Hang Seng Composite Index as of February 21, 2025, with effect from March 10, 2025.The Hang Seng Composite Index is a benchmark index for the Hong Kong stock market, representing the largest and most liquid companies in the market. CALB's inclusion in the index means the Company has met the criteria for inclusion in the Hong Kong Stock Connect trading program. This cross-border trading mechanism between mainland China and Hong Kong promotes the opening and cooperation of the two capital markets, offering global investors more opportunities. As a frontrunner in the battery industry, CALB's inclusion will attract more investors from both mainland China and overseas, enhancing stock liquidity and potentially diversifying its shareholder base.As a leading international new energy technology enterprise, CALB is committed to driving energy transformation and technological innovation, with the mission of "achieving greatness through win-win cooperation, and benefiting mankind for a better world." Leveraging its strong technological R&D capabilities and innovative potential, the Company focuses on multiple applications related to E-transformation, including electric vehicles (EVs) and energy storage systems (ESS). In 2024, CALB's installed capacity of EV batteries firmly ranked the second place among the third-party EV battery enterprises in China and third globally. In the energy storage market, the Company, in collaboration with Sungrow, secured the world’s largest energy storage battery order in 2024, earning high recognition from strategic customers for its products and delivery capabilities. In the marine market, the Company partnered with several well-known enterprises to promote the operation of the world's first-of-its-kind 10,000-ton pure electric container ship. CALB continues to innovate, supporting the "carbon peaking and carbon neutrality" goals, and actively explores battery recycling and reuse to foster the development of the circular economy. The Company strives to establish a battery full life cycle management system in the new energy industry, meeting the growing market demand for sustainable and environmentally friendly solutions.CALB stated that inclusion in the Hang Seng Composite Index will open more capital market opportunities, facilitate its inclusion in the Hong Kong Stock Connect program, accelerate its internationalization, expand global influence, and enhance long-term shareholder value. This milestone not only supports the Company's growth but also provides additional capital to drive breakthroughs in the global new energy market.About CALBCALB is a new energy enterprise specializing in the research, production, sales, and market application development of lithium batteries, battery management systems, and related integrated products and lithium battery materials. As Battery Expert, we aim to build a comprehensive energy operation system, to provide complete product solutions and full life-cycle management for the new energy application market, represented by power and energy storage.Currently, CALB has completed an all-round layout in domestic by setting up industrial bases in Changzhou, Xiamen, Wuhan, Chengdu, Hefei, Jiangmen and Meishan. Meanwhile, CALB has set up bases in Europe and ASEAN, vigorously expanding the layout all over the world to become a global leading enterprise with large-scale intelligent manufacturing capabilities. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Yashaa Global Capital Secures Financial Services Permission to Establish a Global Sports VC Fund

ABU DHABI, UAE, Feb 21, 2025 - (ACN Newswire via SeaPRwire.com) - Yashaa Global Capital, a venture capital fund dedicated to Sports, has received the Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of ADGM, Abu Dhabi’s leading international financial centre. This significant milestone marks the fund’s official establishment in ADGM, positioning Yashaa Global Capital as a catalyst for driving global investments in the rapidly evolving sports sector.The fund, a unique initiative, helmed by General Partners Shikhar Dhawan, Mohammed Sirajuddin, Arif Padaria and Dr. Victor Tay, combines a pedigreed investment team with elite athletes. This collaboration leverages their expertise and extensive networks in the sports ecosystem, aiming to provide unparalleled value to portfolio companies through mentorship, strategic partnerships, and growth opportunities. Previously known as Da One Global Ventures, the fund has been rebranded to reflect its global ambitions and sharpened focus on innovation and wealth generation.Headquartered in Abu Dhabi, Yashaa Global Capital has a targeted $75M corpus (including a $25M greenshoe option), and is set to deploy capital globally across SportsTech, Fitness & Wellness, Esports & Gaming, MediaTech, Leagues & Teams. Leveraging ADGM’s status as a premier financial hub, the athlete-backed fund bridges global investors, startups, and sports entrepreneurs, fostering innovation and scalability. Its unique network ensures that its portfolio companies gain strategic insights and connections, delivering exceptional value to all stakeholders.Shikhar Dhawan, General Partner at Yashaa Global Capital, commented, "ADGM’s stable regulatory environment and strategic location at Capital of Capital Abu Dhabi, make it the perfect base for our fund. This is an exciting opportunity to create a global impact and contribute to the evolving landscape of sports entrepreneurship. With ADGM’s support, we are confident in creating a platform that not only nurtures groundbreaking startups but also delivers meaningful value to our investors globally."Mohammed Sirajuddin, General Partner at Yashaa Global Capital, expressed his vision for the fund, "Business of Sports is at a transformative stage, becoming increasingly globalized, institutionalized, and technology-driven. With a unique team blending deep industry expertise, strong networks, and proven investment experience, we aim to bridge the gap in the Asian market, where sports-focused funds are limited. As a global fund with a strong Asia focus, we are dedicated to empowering visionary businesses shaping the future of sports and delivering exceptional value to founders, investors, and the broader ecosystem."“I am proud to be associated with this visionary global fund. As a sports ecosystem VC originating from the GCC region, it has the potential to reshape the business of sports, esports, and gaming investments worldwide. I look forward to supporting entrepreneurs on and off the field”, said AB de Villiers.ADGM, recognized worldwide as a stable financial hub, provides a robust platform for venture funds like Yashaa Global Capital to thrive. Its dedication to fostering financial innovation and entrepreneurship underpins Yashaa’s strategic vision.Arvind Ramamurthy, Chief of Market Development at ADGM, commented: “We are proud to support Yashaa Global Capital as they establish their presence in ADGM and launch a groundbreaking venture capital fund focused on the rapidly evolving sports sector. This milestone reflects ADGM’s commitment to fostering innovative and transformative industries while providing a robust and progressive regulatory environment.”About Yashaa Global CapitalYashaa Global Capital is a global multi-stage venture capital fund investing in transformative startups across the Business of Sports, New Age Media, and the Future of Sports & Human Performance. With its establishment in ADGM, and backing from leading athletes like Shikhar Dhawan, the fund is positioned to pioneer innovation in sports and gaming, fostering growth for startups and delivering robust returns for investors worldwide. This announcement marks the beginning of Yashaa Global Capital’s journey to redefine the sports and esports investing landscape, with a commitment to building a sustainable ecosystem for global entrepreneurs and stakeholders. Learn more at https://yashaa.vc/.For any communication and media engagements please contact:contact@yashaa.vc Copyright 2025 ACN Newswire via SeaPRwire.com.
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AsiaMedic and Sunway launch new Medical Diagnostic Imaging Centre in Novena

SINGAPORE, Feb 22, 2025 - (ACN Newswire via SeaPRwire.com) - SGX Catalist-listed AsiaMedic Limited (the “Company” and together with its subsidiaries, the “Group”) and Sunway Equity Holdings Pte. Ltd. (“SEH”), a wholly- owned subsidiary of Malaysian conglomerate Sunway Group, have officially launched AsiaMedic Sunway Imaging, a new medical diagnostics imaging centre at Royal Square in Novena, marking a significant expansion in the Group’s medical diagnostic imaging capacity.(L-R) Mr Arifin Kwek, Chief Executive Officer, AsiaMedic Limited, Datin Paduka Sarena Cheah, Deputy Executive Chairman, Sunway Group, Ms Joyce Tan, Chief Financial Officer, Sunway Group, and Mr Charles Wang, Non-Executive Chairman, AsiaMedic Limited, at the Grand Opening of AsiaMedic Sunway Imaging Centre on 21 February 2025Spanning close to 6,000 sqft and equipped with advanced medical imaging equipment, the centre offers a comprehensive range of diagnostic imaging services, including computed tomography (CT) and magnetic resonance imaging (MRI), with a special focus on sub-specialised fields of radiology supported by a team of experienced radiologists.These advanced diagnostic imaging technologies and equipment incorporated at the new centre mirror the high standards set at AsiaMedic’s flagship Orchard Road Centre and aim to provide the best care for its patients. They include:3T MRI – The SIGNA™ Hero is an advanced MRI scanner with twice the field strength (3.0 Tesla) of most conventional MRI scanners (1.5 Tesla). It allows for fast scans, more detail, clearer images and more accurate diagnoses. It also features a wide bore and blanket-like coils for improved patient comfort.CT Scanner – The Revolution™ Apex Elite features the latest in CT technology, delivering high- resolution images of coronary vessels while utilising low-dose radiation. Its unique motion correction technology ensures clear results, even in complex patients or patients with high heart rates.General Imaging – A full suite of general imaging services, including mammography, ultrasound and X-ray, which provide precise diagnostics for comprehensive patient care.Strategically located in the heart of Singapore’s premier medical hub at Novena, the new centre also provides great accessibility and an enhanced patient experience to address growing demands from clinics, hospitals and other healthcare providers.Strategic PartnershipThe launch of AsiaMedic Sunway Imaging represents a milestone collaboration between AMC Healthcare Pte. Ltd., the Group’s wholly-owned subsidiary, and SEH, a wholly-owned subsidiary of Sunway Group – one of Southeast Asia’s leading conglomerates that also encompasses Malaysia’s largest integrated private healthcare group.Mr Arifin Kwek, Chief Executive Officer of AsiaMedic Limited, said, “The launch of AsiaMedic Sunway Imaging reflects our mission to detect early illnesses to achieve positive experiences and clinical outcomes for our patients through advanced diagnostic imaging. The centre will greatly complement the Group’s existing integrated medical centre at Orchard Road and enable us to serve more patients while providing our valued doctor partners with streamlined access to diagnostic services and radiological consultation.”Ms Sarena Cheah, Deputy Executive Chairman of Sunway Group, said, “At Sunway, we focus on shaping the future of healthcare and continue to set new benchmarks for holistic and comprehensive medical care. The AsiaMedic Sunway Imaging centre represents a key step in bringing Sunway’s integrated healthcare expertise to regional and international markets. Together with AsiaMedic, we look forward to providing top-notch diagnostic imaging services and enhancing the patient experience.”Commitment to InnovationAsiaMedic will continue to invest in the latest technology to enhance the patient experience and maintain its position as a preferred provider of diagnostic imaging radiology services. The launch of AsiaMedic Sunway Imaging nearly doubles the Group’s diagnostic imaging capacity and represents another milestone in the Group’s growth strategy. With the expanded capacity and enhanced capabilities, the Group is well-positioned to capture growing opportunities in Singapore’s specialist healthcare services sector while delivering value to shareholders.In the same vein, Sunway will continue to deliver top-tier healthcare, advancing innovation and continuing to expand its services in the healthcare industry. Its flagship 810-bedded quaternary hospital Sunway Medical Centre in Kuala Lumpur, which is ranked among the top 250 hospitals in the world by Newsweek in 2024 and triple accredited by Joint Commission International (JCI), the Australian Council on Healthcare Standards (ACHS), and the Malaysian Society for Quality in Health (MSQH), also remains committed to using cutting-edge technology to enhance patient care. Besides Sunway Medical Centre, Sunway also owns and manages three more tertiary hospitals with a combined capacity of about 1500 licensed beds.About AsiaMedic LimitedAsiaMedic Limited together with its subsidiaries (“AsiaMedic” or the “Group”) is a leading healthcare provider in Singapore which provides holistic solutions through integrated application of the latest medical technologies to detect early illnesses to achieve positive experiences and clinical outcomes for patients.The Group is committed to helping clients through practical and personalised solutions delivered with the highest professional standards of service and expertise in a timely, safe and consistent manner.With convenient locations at Orchard and Novena, AsiaMedic is a preferred one-stop centre for:Diagnostic imaging and radiology servicesMedical wellness and health screening servicesPrimary healthcare servicesMedical aesthetic services and productsFor more information, please visit www.asiamedic.com.sgAbout Sunway GroupEstablished in 1974, Sunway Group is one of Southeast Asia’s leading conglomerates with 13 business divisions across more than 50 locations primarily in Asia. Its 16,000-strong team is committed to sustainable development and socio-economic progress through diverse businesses including core interests in real estate, construction, education, healthcare, retail, leisure, and hospitality.Sunway is committed to advancing the United Nations Sustainable Development Goals and continues to align them with our Environmental, Social, and Governance (ESG) targets as part of its corporate strategy and social responsibility toward driving the group's long-term success and deepening our commitment to nation-building.For more information, please visit www.sunway.com.myFor media and analysts’ queries, please contact:Waterbrooks ConsultantsWayne KooT: (65) 9338 8166E: wayne.koo@waterbrooks.com.sgSunway SingaporeLyna HanisT: (65) 9139 0572E: lynahmz@sunway.com.my Copyright 2025 ACN Newswire via SeaPRwire.com.
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Four HK designer labels shine at London Fashion Week

HONG KONG, Feb 21, 2025 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) proudly led four Hong Kong fashion labels to showcase their Autumn/Winter 2025 collections at the Fashion Hong Kong Runway Show during London Fashion Week. Supported by the Hong Kong Economic and Trade Office in London, the runway show was held in Shoreditch, a vibrant cultural and arts hub in East London, last night (20 February). The event attracted more than 380 UK and international buyers, media and fashion enthusiasts, giving Hong Kong’s dynamic fashion industry a further boost on the global stage.A strong line-up of local fashion designers captivated the audience at this year's highly anticipated Hong Kong fashion showcase. The event featured the creative talents of Angus Tsui (brand name: ANGUS TSUI), Bettie Jiang (brand name: Bettie Haute Couture), Rickyy Wong (brand name: RICKYYWONG) and Nathan Moy (brand name: Z I D I). The designers' collections celebrated the unique diversity and creativity of Hong Kong’s fashion scene with a harmonious blend of sustainability, futurism, modern urban flair and cultural richness.The Fashion Hong Kong show received overwhelming support from the local fashion industry, with Eyal Booker, a well-known model, Jonathan Vine, a highly regarded stylist and creative consultant, emerging model Yasmin Sweegers and buyers from Selfridges among those in attendance. The importance of the event was underscored by the presence of major fashion media outlets, with Wallpaper, Dazed Korea, Marie Claire, ELLE, Forbes and Numero all sending representatives to cover the occasion. The show facilitated a successful exchange between the Hong Kong and British fashion industries and helped to enhance global awareness of Hong Kong fashion brands.Showroom creates business opportunities for Hong Kong fashion brandsFor this year’s show, Fashion Hong Kong also launched creative crossover activities aimed at promoting the city’s fashion scene from multiple perspectives. Renowned Hong Kong neon artist Jive Lau (brand name: KowloNeon) crafted custom neon light installations that captured the essence of Hong Kong’s street culture at the showcase venue, offering international audiences a glimpse of the city's unique intangible cultural heritage. The event also collaborated with Noiseless, a Hong Kong design team that has won multiple international design awards, to design a mobile guide for the show that promoted the city’s designer brands.To further promote Hong Kong's vibrant fashion scene and foster international business partnerships, the HKTDC has set up a showroom at The Pop Group in Shoreditch, London, that opens today and runs until 21 March. The showroom will provide a platform for Hong Kong fashion brands to engage with fashion media, professional buyers and stylists through arranged matchmaking meetings, creating opportunities for collaboration and partnership expansion.Fashion Hong Kong Pop-up Salon debuts in Milan this MarchFashion Hong Kong has been actively promoting Hong Kong’s diverse designer brands on the global stage since 2015 with a footprint that includes fashion hubs such as New York, London, Paris, Copenhagen, Tokyo, Seoul and Shanghai. In 2024, Fashion Hong Kong made significant strides by hosting a pop-up store in Paris and conducting promotional activities covering the markets of Japan, Thailand and Mainland China, supporting the continuing expansion of Hong Kong’s fashion industry into mainland and overseas markets.Following the showcase at London Fashion Week, the HKTDC will debut in Milan with the "Fashion Hong Kong Pop-up Salon" this March. The installation will feature an eye-catching selection of creations from 15 Hong Kong designer brands, covering fashion, accessories, footwear and lifestyle products. The pop-up will also feature the latest collections from the four Hong Kong fashion designer labels that stood out on the London Fashion Week stage. The Milan initiative aims to help designers enhance their brand recognition and seize new business opportunities in the important European market.Photo download: https://bit.ly/3EGSDdLThe Fashion Hong Kong runway show took place in the cultural and arts hub of Shoreditch in East London on 20 February, attracting more than 380 UK and international buyers, media and fashion enthusiasts.The event featured the creative talents of Angus Tsui (third from left)(brand name: ANGUS TSUI), Nathan Moy (fifth from left)(brand name: Z I D I), Bettie Jiang (fifth from right)(brand name: Bettie Haute Couture) and Rickyy Wong (third from right)(brand name: RICKYYWONG).Renowned Hong Kong neon artist Jive Lau (brand name: KowloNeon) crafted custom neon light installations capturing the essence of Hong Kong street culture for the showcase venue. The collaboration offered international audiences a glimpse of the city's unique intangible cultural heritage.Fashion Hong Kong designer labels at London Fashion Week AW25Photo download: https://bit.ly/413BNgYAngus TsuiBrand: ANGUS TSUIDesigner and brand profileEstablished in 2014, Angus Tsui’s eponymous label combines experimental aesthetics with sustainable practices, pushing the boundaries of design innovation. From collaborating with global brands such as H&M to creating educational initiatives, Tsui continues to lead the charge for a more ethical and imaginative future in fashion. Autumn/Winter 2025 Collection: GIGER Vol.2The AW25 experimental collection continues paying tribute to the brand’s biggest influence, Swiss artist HR Giger, with iconic biomechanical design elements. The collection explores themes of futurism and sustainability through complex pattern cutting, pleating techniques and experimental fabrications. It demonstrates the designer’s vision of future reality through the combination of organic exoskeleton constructions, otherworldly colour combinations and unique textile designs, creating a morphing and experimental collection that is a tribute to Giger's legacy and a celebration of limitless creativity and sustainable innovation. Bettie JiangBrand: Bettie Haute CoutureDesigner and brand profileBettie Jiang studied fashion design and surface textiles at the London College of Fashion in the University of the Arts London. She has comprehensive knowledge of fabrics and concept-interpretation skills that she always honours in the salient details of fabric in her collections. Founded in 2017, her brand Bettie Haute Couture is dedicated to creating innovative, sustainable and elegant fashion that blends traditional craftsmanship with contemporary design. Known for her commitment to zero-waste practices and unique tailoring, Bettie continues to redefine modern sophistication.Autumn/Winter 2025 Collection: Bauhaus Reverie: Contemporary EleganceInspired by the iconic Bauhaus movement, Bettie’s AW25 collection captures the essence of simplicity, functionality and artistic ingenuity. By integrating geometric patterns, earthy tones and sustainable materials, the collection reimagines timeless design principles for the contemporary wardrobe. Rickyy WongBrand: RICKYYWONGDesigner and brand profile:Founded by Rickyy Wong, the studio blends cultural heritage with contemporary design. Rooted in sustainable practices, Rickyy Wong Studio is celebrated for its unique aesthetic that unites eastern and western influences, pushing the boundaries of urban fashion.Autumn/Winter 2025 Collection: ODYSSEYODYSSEY is a personal exploration of cultural diversity and urban energy. The collection consists of innovative textiles such as waxed cotton for durability and luxurious alpaca wool for warmth; signature urban aesthetics such as structured bomber jackets and modern blazers; and sustainability at the core. Nathan MoyBrand: Z I D IDesigner and brand profile:Founded by Nathan Moy, a former designer for Maison Margiela and Louis Vuitton, Z I D I is a forward-thinking brand that blends avant-garde aesthetics with sustainable practices. Known for its asymmetric silhouettes and innovative use of materials, Z I D I challenges traditional fashion norms while fostering inclusivity and environmental consciousness. Autumn/Winter 2025 Collection: Flux“Flux” refers to a state of continuous change or movement, conveying the idea of fluidity and instability. “Flux” captures the essence of living in a multi-dimensional reality where optical illusions and digital glitches reveal hidden truths, and artificial intelligence guides creative expression. Silhouettes that incorporate flowing, fluid lines and layers suggest movement through time and space. Asymmetrical cuts and elongated forms reflect the idea of time dilation, while high-contrast, bold colours such as electric blues, chartreuse and deep purples, alongside stark black and white, create a sense of instability and immediacy.Main event:Fashion Hong Kong Professional ShowroomDate: 21 February (Friday) to 21 March 2025 (Friday)Time: 10am-6pm (reservation required)Venue: The POP Group, 63 Hanbury Street, Shoreditch, LondonWebsitesFashion Hong Kong: www.fashionhongkong.com.hkFashion Hong Kong Instagram: @hktdcfashionhkMedia enquiriesPlease contact the HKTDC's Communications and Public Affairs Department:Stanley SoTel: (852) 2584 4049Email: stanley.hp.so@hktdc.orgSnowy ChanTel: (852) 2584 4525Email: snowy.sn.chan@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in 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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Dollamur Announces United World Wrestling Approval Through 2028

FORT WORTH, TX, Feb 21, 2025 - (ACN Newswire via SeaPRwire.com) - Dollamur, the world's leading manufacturer and distributor of high-performance sport surfaces, announced today that it has received United World Wrestling (UWW) mat licensing approval through the next Olympic cycle, ending in December 2028.Dollamur UWW-Approved Wrestling Mats"We're thrilled to once again be named an Officially Licensed Mat Provider for UWW. Our team is proud to provide mats for all official UWW events, including the Olympic Games," said Don Ochsenreiter, CEO of Dollamur. "To be recognized by the global governing body of wrestling is an honor, which reinforces our commitment to the global wrestling community and its fans."Dollamur's UWW-Approved Competition Mats have been used at some of the most prestigious events in the world, including but not limited to:USA Olympic TrialsEuropean GamesCanadian GamesWorld ChampionshipsFrance Wrestling Grand PrixGerman Wrestling Grand PrixAfrican Continental ChampionshipsKazakhstan Asia ChampionshipsPan Am GamesIndian GamesIn addition to being a global leader in the manufacture and distribution of high-performance wrestling mats and sport surfaces, Dollamur has a rich history of innovation. In 1999, Dollamur disrupted the wrestling world by introducing FLEXI-Roll® mats. Engineered with high-performance, closed-cell foam that provides maximum shock absorption, a tough vinyl surface that is extremely durable and never requires reconditioning, and precision cuts on the underside of the foam, FLEXI-Roll® set the standard for lightweight, portable wrestling mats.Then in 2010, Dollamur launched another innovative, patented product: FLEXI-Connect®. FLEXI-Connect® utilizes a heavy-duty hook and loop connection system that holds mats in place and provides a smooth, virtually seamless vinyl surface - reducing setup time and saving customers hundreds of dollars annually by eliminating the need for mat tape.About DollamurBased in Fort Worth, Texas and established in 1996, Dollamur is the leading global manufacturer and distributor of high-performance competitive sports flooring for wrestling, martial arts, MMA, gymnastics, cheerleading, fitness, and other sport activities. Innovative, proprietary products and a commitment to technological advancements in production have enabled Dollamur to set new industry standards for the sport mat industry. Dollamur mats are the preferred choice in hundreds of top-level sports competitions, including many national championships and Olympic-qualifying tournaments each year throughout the United States, Canada, Europe, Africa, South America, Asia, and the Middle East. Dollamur is the official mat of USA Wrestling, FloSports, USA Judo, USATKD and is an official provider for United World Wrestling (UWW). Learn more at www.dollamur.com.Related Links:https://uww.org/governance/licensed-matshttps://dollamur.com/wrestling-uww-matsContact InformationJean-Francois CourtInternational Salesjfcwrestling@hotmail.com+1 (954) 643-0850SOURCE: DollamurRelated Documents:Dollamur_Wrestling-INTL_2025_eCatalog.pdf Copyright 2025 ACN Newswire via SeaPRwire.com.
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Carl Zeiss Honors EuroEyes International for Exceptional Milestone in AT LISA(R) Trifocal Lens Implantations

HONG KONG, Feb 21, 2025 - (ACN Newswire via SeaPRwire.com) - Carl Zeiss Meditec AG (“Carl Zeiss”) is proud to honor EuroEyes International Eye Clinic Limited (“EuroEyes International” or the “Company”) for achieving the prestigious title of the most AT LISA® trifocal lens Implantations worldwide for nine consecutive years. This recognition underscores EuroEyes International's significant contributions to the field of ophthalmology and highlights its leadership in innovative eye care solutions.At a ceremony held in Hong Kong today, Carl Zeiss acknowledged EuroEyes International's remarkable milestone of successfully completed more than a million procedures in the past 32 years, the most of its kind in the world. The milestone achievement not only stands as proof of EuroEyes International's commitment to excellence in innovative and patient-centered eye care, but also highlights its crucial role in advancing vision correction through implantation of trifocal lenses and setting new standards in ophthalmic practices.“We are proud to receive this recognition, which speaks clearly to our determination to achieve excellence in ophthalmology. Our dedicated team has worked diligently to help patients restore their vision with state-on-the-art technologies and in turn enhance their quality of life,” said Dr. Jørn S. Jørgensen, CEO of EuroEyes International.“Congratulations to EuroEyes International for making such an extraordinary achievement nine years in a row, which is an inspiration for all of us in the field worldwide to push for advancements in eye care technology and practices. Together with EuroEyes International, we look forward to reaching new heights and making yet greater success in the near future,” said Mr. Magnus Reibenspiess, Head of Strategic Business Unit Ophthalmology, President ZEISS Ophthalmology.Dr. Jørn S. Jørgensen added, “We have seen a rising trend of presbyopia in mainland China, Hong Kong, and globally. The company believes its trifocal lens implantation is currently one of the best solutions for correcting this condition in patients and effectively addressing relevant growing market demand.”According to its 2024 interim results, EuroEyes International recorded record high revenue of HK$198.8 million, up 12.0% year-on-year, from performing mostly trifocal lens implantation surgeries in the Period, and revenue from this category had been growing at a compound annual growth rate (CAGR) of around 21% between 2020 and 2024, driven by the aging population in various countries where the Group operates.Trifocal Lens implantation: An Opportunity-Rich Market to SeizeThe “2023 National Aging Development Bulletin” released by the Ministry of Civil Affairs and the National Aging Office in China, reveals that as of 2023, China's elderly population aged 60 and above has surged to 296.97 million, accounting for 21.1% of the total populace — an increase from 14.9% in 2013. Similarly, Hong Kong boasts the highest life expectancy in the world, pointing to a rapidly aging population in the city. According to the 2021 Population Census conducted by the Census and Statistics Department (C&SD), the proportion of elderly individuals aged 65 and above had increased from 13% of the total population in 2011 to 20% in 2021, and was projected to reach 22.8% by mid-2024. Additionally, the median age of the population had increased from 41.7 in 2011 to 46.3 in 2021, also reflective of the continuing aging trend.Alongside the aging global population is the climbing cases of presbyopia, a natural aging process that affects nearly every individual over 40, and correspondingly the demand for effective correction solutions. As trifocal lens, an artificial lens designed to provide sharp vision at all distances while retaining its refractive properties over time, can ensure consistent vision as patients age, trifocal lens implantation surgery has emerged as one of the best solutions for managing presbyopia and other vision-related issues.EuroEyes International, renowned for its market leadership in trifocal lens implantation surgery, is well-positioned to capture this global trend, and so is Carl Zeiss, a leading optical company committed to manufacturing trifocal lenses in growing demand. The company believes the trifocal lens implantation market has vast potential waiting to be tapped, set to power the company’s future growth. About EuroEyes International Eye Clinic Limited (1846.HK)EuroEyes International was established in 1993 and is one of the leading brands in the vision correction industry that combines German ophthalmology excellence and over 30 years of experience with individualised customer care. EuroEyes International is one of the few eye clinic groups with a far-reaching geographical coverage, with operations in Germany, Denmark, the PRC and the United Kingdom. The Group's vision correction services include (i) refractive laser surgery (which includes SMILE pro and Femto LASIK and Presbyond®); (ii) phakic lens (ICL) surgery; (iii) lens exchange surgery (which includes the monofocal and trifocal lens exchange surgery) and (iv) others (which include PRK/LASEK and ICRS implantation). For more information, please visit ir.euroeyes.hk.About Carl Zeiss Meditec AGCarl Zeiss Meditec AG (ISIN: DE0005313704), which is listed on the MDAX and TecDAX of the German stock exchange, is one of the world's leading medical technology companies. The Company supplies innovative technologies and application-oriented solutions designed to help doctors improve the quality of life of their patients. The Company offers complete solutions, including implants and consumables, to diagnose and treat eye diseases. The Company creates innovative visualization solutions in the field of microsurgery. With 5,730 employees worldwide, the Group generated revenue of €2,066.1m in fiscal year 2023/24 (to 30 September).The Group’s head office is located in Jena, Germany, and it has subsidiaries in Germany and abroad; more than 50 percent of its employees are based in the USA, Japan, Spain and France. The Center for Application and Research (CARIn) in Bangalore, India and the Carl Zeiss Innovations Center for Research and Development in Shanghai, China, strengthen the Company's presence in these rapidly developing economies. Around 39 percent of Carl Zeiss Meditec AG’s shares are in free float. Approx. 59 percent are held by Carl Zeiss AG, one of the world’s leading groups in the optical and optoelectronic industries.For more information visit our website at www.zeiss.com/med Copyright 2025 ACN Newswire via SeaPRwire.com.
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HKTDC strengthens local competitiveness and global connections

HONG KONG, Feb 20, 2025 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) today announced its work focus for the 2025/26 fiscal year, which aims to strengthen Hong Kong’s competitive advantages and intensify efforts to promote Hong Kong as a resilient international business hub. Embracing opportunities arising from global development trends, the HKTDC continues to create new opportunities for Hong Kong businesses.HKTDC Chairman Dr Peter K N Lam said: “Just two months into 2025, the HKTDC has already held a number of major events, such as the Asian Financial Forum (AFF) in January and three trade fairs, which attracted strong participation from attendees, buyers and exhibitors from around the world, a herald of a year of vibrant business activity.”“Looking ahead, the HKTDC will strengthen Hong Kong’s role as a resilient and connected international business hub, intensify efforts to promote our city’s advantages to the global business community and promote further integration of Hong Kong into the national development framework, which highlighting Hong Kong’s unique role in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). Furthermore, we will drive innovation and sustainable development to enhance Hong Kong’s competitiveness, and nurture a new generation of SMEs and start-ups.”In 2024, the HKTDC hosted over 40 large-scale exhibitions and conferences in Hong Kong, attracting buyers, exhibitors and attendees from over 190 countries and regions, further solidifying Hong Kong’s position as the premier hub for exhibitions and conferences in Asia. Particularly noteworthy was the increased participation from Mainland China and emerging markets, such as ASEAN and the Middle East, as well as the traditional markets of Europe and North America, with all showing robust growth compared to 2023.In the 2025/26 fiscal year, the HKTDC will intensify efforts to actively promote Hong Kong’s advantages and opportunities to Mainland China and the global business community, further solidifying Hong Kong’s crucial role as a key global hub for two-way investment and trade.HKTDC’s 2025/2026 major work focuses are:1. Reinforce Hong Kong’s unique role as a resilient and connected business hub globally, and strengthen its integration into national development and role as superconnector and super value-adderStrengthen Hong Kong’s integration into national development- Stage targeted fundraising salons in Mainland China to entice mainland enterprises to list in Hong Kong;- Organise the second edition of the Hong Kong Shopping Festival in August and launch the E-Commerce Express to help SMEs deepen their understanding of mainland e-commerce and online platforms through a series of specialised training seminars and one-on-one advisory services;- Active participation in mainland fairs, including setting up Hong Kong Image Pavilions at key mainland expos to promote Hong Kong’s advantages; organising a Hong Kong Day networking event at the China International Import Expo targeting key buyers and enriching the Style Hong Kong Pavilion offerings at the China International Consumer Products Expo to create more collaboration opportunities.- Organise sectoral outbound missions:1) A GoGBA mission to Dongguan will be organised to help SMEs in the food processing and medical devices sectors to stay competitive amid an evolving manufacturing landscape with innovative technologies;2) An e-tailing mission to e-commerce hotspot Zhejiang to help SMEs understand the latest developments; and3) A Fashion Go Places mission to Guangzhou and Dongguan to connect Hong Kong fashion industry players with partners in fashion tech and beyond.Reinforce Hong Kong’s role as superconnector and super value-adder- Build partnerships with Regional Comprehensive Economic Partnership (RCEP) government agencies and industry multipliers to attract more RCEP businesses to leverage HKTDC trade fairs to connect with international buyers;- Launch the Hong Kong Risk Management Squad to help mainland and ASEAN companies with plans for global expansion to mitigate business risks;- Introduce the ASEAN Lifestyle Pioneer Series to increase SMEs’ market exposure in the region and facilitate opportunities;- Stage Think Business, Think Hong Kong campaign in Italy to spotlight Hong Kong’s strengths and advantages, including its service offerings; and- Organise missions, including to:1) ASEAN to explore opportunities in the food and health supplement industry; and2) Saudi Arabia and the United Arab Emirates with an Infrastructure Development and Real Estate-related Services (IRES) delegation to capture opportunities arising from infrastructure expansion in the Middle East.2. Fortify Hong Kong’s competitiveness by embracing innovation and sustainable development, to support the national new quality productive forces strategy, and seize opportunities arising from global trendsSupport the national new quality productive forces strategy- Strengthen the content of and recruitment for exhibitions and conferences:1) Establish InnoEX as an international I&T exchange platform for Asia;2) Recruit more agritech and foodtech firms sought after by investors, to join AFF Deal-making;3) Explore collaboration with local research centres to coorganise thematic sessions at the Asia Summit on Global Health (ASGH) to facilitate industry collaboration;4) Collaborate with Hong Kong Baptist University’s Chinese Medicine Hospital and Belt & Road Alliance for Traditional Chinese Medicine at ASGH to examine Hong Kong’s role in Traditional Chinese Medicine’s globalisation;5) Explore opportunities in the low-altitude economy at the Asian Logistics, Maritime and Aviation Conference (ALMAC) and InnoEX;6) Launch the SmartHK Tech Series to showcase Hong Kong’s I&T strengths across the GBA and at mainland I&T fairs; and7) Focus on PropTech for Building for the Future campaign, especially in the mainland, to highlight Hong Kong’s strengths in PropTech and smart city development.- Strengthen connections and collaboration with InnoHK, the Innovation and Technology Commission cluster:1) Strengthen ties with the Health@InnoHK cluster to better understand their business matching needs and facilitate connections with relevant business partners and investors;2) Partner with InnoHK research centres, local universities and incubators for the International Trade Fastpass SmartBiz Series to highlight the benefits of adopting innovative tech solutions.Seize opportunities arising from global trends- Sustainable development:1) Launch the Hong Kong Green Team to highlight Hong Kong’s green strengths and capabilities in Hong Kong and ASEAN;2) Invite sustainable fashion brands to promote circular fashion and a greener industry at CENTRESTAGE; and3) Work with ESG-related multipliers to provide sustainability workshops and ESG certification courses for Transformation Sandbox (T-box) members.Medical health and the silver economy:1) Organise biotech missions to Europe and the US in partnership with industry multipliers to help start-ups grow and transform;2) Invite partners and investors with expertise in geriatric medicine and elderly care to introduce ageing-related innovations at ASGH to facilitate collaboration and tech commercialisation;3) Enhance the product line-up at Food Expo to showcase healthy food and supplements targeting the silver market; and4) Create a thematic cluster on hktdc.com Sourcing to further highlight Optical Fair exhibitors targeting the silver market.- Islamic business opportunities:1) Collaborate with the Incorporated Trustees of the Islamic Community Fund of Hong Kong to feature local halal food manufacturers at Food Expo PRO;2) Strengthen participation of pavilions of countries with a large halal market to enrich the variety of halal products at Food Expo PRO.3. Build the next generation of connected and future-ready SMEs and start-ups, and fast-track SMEs’ digital transformationBuild the next generation of connected and future-ready SMEs and start-ups- Talent matching: Leverage events, such as InnoEX and Entrepreneur Day (E-Day), to offer talent matching sessions for start-ups and I&T companies.- Strengthen collaboration with institutions:1) Partner with the Hong Kong Productivity Council to inform Global Tech Summit participants about the latest tech in Industry 4.0 and showcase related solutions at E-Day to help SMEs, start-ups become future-ready;2) Partner with academic institutions and youth and community organisations to engage young individuals at our fairs to equip them with the knowledge and skills in digital transformation and sustainability;3) Launch the CV Clinic at the Education & Careers Expo by partnering with recruitment agencies to help the younger generation with their job search; and4) Collaborate with local universities to leverage ASGH for their entrepreneurship events and as a showcase for their biomed projects.Fast-track SMEs’ digital transformation- Debut an AI productivity workshop series at InnoEX to help SMEs harness the power of AI tools to boost productivity;- Host dedicated sessions at MarketingPulse and eTailingPulse to educate brands on short video features on the mainland’s social media platforms;- Collaborate with leading AI service providers to provide T-box members with practical AI applications.Media enquiriesHKTDC’s Communications & Public Affairs Department:Agnes Wat Tel: (852) 2584 4554 Email: agnes.ky.wat@hktdc.orgSam Ho Tel: (852) 2584 4569 Email: sam.sy.ho@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in 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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Explore Cutting-Edge Cybersecurity Solutions at Exito’s 25th Cyber Security Summit

Johannesburg, South Africa, Feb 20, 2025 - (ACN Newswire via SeaPRwire.com) - South Africa has taken a big step to boost its national cybersecurity. It has adopted the National Cybersecurity Policy Framework (NCPF), which came out in December 2015. This framework gives a full plan for cybersecurity. It focuses on protecting Critical Information Infrastructure (NCII) that supports key areas like energy, banking, and telecommunications.The NCPF aims to tackle cybersecurity issues and make the nation stronger against cyber threats. It does this by getting the government, private companies, and regular people to work together. The framework also has plans to fight cybercrime, help law enforcement do a better job, and teach people about cybersecurity through education programs. South Africa sees international teamwork as a crucial part of its online safety plan. It takes part in worldwide talks about cyber protection rules.The NCPF aims to bring together the whole country to shield vital computer systems, lower the chance of online crimes, and give people and groups the know-how to protect their digital lives. With this plan, South Africa wants to be a top player in cyber safety in Africa. It hopes to create a safer online world for its people and companies.Over View of the event:The Cybersecurity Summit is a leading event that brings together top industry experts and decision-makers to tackle the evolving challenges of digital security. Taking place on 13th March 2025 at the Qurtuba Convention Centre, this summit focuses on the latest threats and cutting-edge defense strategies. It offers an in-depth exploration of how to strengthen organizational defenses and leverage emerging technologies like AI, blockchain, IoT, and cloud security. Over 200 C-level executives, directors, and heads of security will gather to share insights, discuss innovative solutions, and explore the future of cybersecurity. This event, running from 09:00 AM to 05:00 PM, provides the knowledge and tools necessary to protect against tomorrow’s risks and safeguard valuable digital assets.Who will Speak:Simon Nare, CISO, AECI.Sihle Mthiyane, CIO, NTP Radioisotopes SOC Ltd.Kuseni Dlamini, Chairman, Aspen Pharmacare Holdings.Kenneth Palliam, President, ISACA South Africa.Galeboe Mogotsi, Chief Information Security Officer, University of Witwatersrand.The event will cover topics like:Setting the Stage for Cybersecurity in Africa.The Cutting Edge: Integrating AI in Cybersecurity with Risk Awareness.Building Resilience: Safeguarding the Backbone of National Infrastructure.Zero Trust in Action: Transforming South Africa's Cybersecurity Landscape.Implementing AI Trust, Risk, and Security Management (TRiSM) in South Africa: Safeguarding the Future.For more information on the 25th Edition Cyber Security Summit: LinkAbout ExitoExito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.For Media Enquiries, contact:Kasturi Nayak (Sr.) Marketing Executive)Kasturi.nayak@exito-e.comEnquiry@exito-e.com Copyright 2025 ACN Newswire via SeaPRwire.com.
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Prioritise Self-Love and Self-Care This Year For A Better You

SINGAPORE, Feb 20, 2025 - (ACN Newswire via SeaPRwire.com) - Self-care has traditionally taken a backseat in our fast-paced world, yet its importance cannot be overstated. Rather than viewing external relationships as the ultimate source of fulfilment, many are prioritising personal well-being and self-care. This shift has redefined how individuals approach health, empowerment, and overall quality of life.Despite its proven benefits—reducing stress, boosting self-esteem, and strengthening our connections with others—self-care is often neglected. A recent study found that only a third of people practice self-care daily, highlighting the need to prioritise habits that nourish the mind and body.LAC emphasises the importance of self-care, encouraging individuals from all walks of life to nurture their well-being and invest in their health.To support this journey of self-care, LAC (pronounced L-A-C) has thoughtfully curated a selection of wellness essentials designed to help individuals juggling packed schedules feel their best, inside and out.LAC Hair Protect™ - Hair Growth Formula FullCal® - Highly Assimilable Calcium Citrate Formula, and Joint Protec® Flex - UC-II® Collagen + CurQlife Plus® TurmericFrom maintaining strong bones and joints to nourishing hair health, these supplements help individuals to maintain vitality and mobility, ensuring you stay vibrant, full of life, and ready to embrace self-love this season.Hair health is closely tied to overall well-being, and factors like stress, poor circulation, and nutrient deficiencies can contribute to hair thinning and loss. Rooted in Traditional Chinese Medicine (TCM), LAC Activated® Hair Protect™ combines nine natural herbs, including He Shou Wu, to support scalp health, strengthen hair follicles, and promote natural growth.By nourishing the liver and kidneys—key organs in TCM for maintaining healthy blood circulation—this vegetarian and halal-certified formula helps improve hair strength, thickness, and shine while reducing hair loss. Ideal for those experiencing stress, frequent hair treatments, or premature greying, LAC Activated® Hair Protect™ supports a fuller, healthier head of hair.As simple as it sounds, prolonged day-to-day activities, alongside growing age, often brings joint issues such as the synovial fluid and calcium depletion within the bones and joints. The combination of both LAC FullCal® - Highly Assimilable Calcium Citrate and Formula Joint Protec® Flex - UC-II® Collagen + CurQlife Plus® Turmeric provides the necessary nutrients for stronger bones and joint health.Formulated with LAC’s proprietary blend, individuals will no longer need to consume separate combinations of supplements to achieve similar results, bringing much convenience and cost-effectiveness at the same time.By prioritising self-care, individuals can cultivate health, confidence, and overall well-being, making them better equipped to navigate life’s demands. LAC encourages everyone to take a step back, recharge, and invest in their health, because true well-being starts from within. Copyright 2025 ACN Newswire via SeaPRwire.com.
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Igloo kicks off 2025 with Multi-market Partnership Wins and Chief Distribution Officer Appointment

Leading regional insurtech Igloo expands reach through new partnerships and products with notable consumer finance brands, e-commerce platforms, and digital wallets in Southeast Asia including Salmon, Skyro, and Shopee in the Philippines; Kredivo, DANA, and Akulaku in Indonesia, and True Money and Lazada in ThailandInsurance industry vet Sasitharan Krishnan joins as Chief Distribution Officer to lead Igloo’s multi-modal distribution across digital and traditional channels SINGAPORE, Feb 21, 2025 - (ACN Newswire via SeaPRwire.com) - Leading regional insurtech Igloo enters 2025 with a strong push, launching new partnerships, introducing new products with existing partners across the region, and appointing a Chief Distribution Officer to grow its embedded insurance and sales intermediaries business lines.Sasitharan Krishnan, Chief Distribution Officer, IglooNew and enhanced partnerships with leading brandsBuilding on their collaboration in 2024, Igloo and Salmon are strengthening their partnership in 2025 with the launch of Gadget Protection in the Philippines. This new offering will cover device repairs and replacements for gadgets purchased through Salmon’s platform, complementing their existing loan protection coverage, which safeguards repayments in case of unforeseen incidents.Similarly, Igloo’s partnership with Skyro, which introduced Gadget Protection and Loan Protection last year, is expanding in 2025 with the introduction of Goods Protection. Through this new product, home furniture, clothing, auto accessories, and even toys can now be protected from the same everyday risks.As access to credit remains a challenge in the Philippines, consumer finance platforms like Salmon and Skyro provide financial and insurance access to underbanked and unbanked segments. These platforms currently serve an estimated 300,000 Filipinos.Igloo continues to strengthen its ties with Shopee in the Philippines, launching its fifth product, Goods Protection to its existing suite. Since 2022, the partnership has facilitated over 16.9 million protection plans across product lines with Shopee’s 56 million monthly visitors.Underwritten by SeaInsure, Goods Protection covers eligible items purchased on the platform — such as electronics accessories, vehicle spare parts, baby gear, and office supplies — that suffer total loss or damage due to accidents like fire, collision, falls, liquid damage, or being run over.In Indonesia, Igloo has two new partnerships under its belt — with leading fintech company Akulaku, and consumer finance platform Kredivo. With the former, gadget protection service underwritten by Victoria Insurance, covers repairs and replacements for gadgets purchased on the platform with a one-year coverage period. With smartphone users expected to reach 249.95 million by 2029, this service meets the growing demand for reliable device protection in the country’s increasingly digital market.Igloo also continues to innovate with new offerings like Xtra Protection — its fifth product with Indonesian e-wallet platform DANA, which currently serves 200 million users. As more Indonesians move to digital payments with transactions expected to grow to US$371.6 billion in 2025, the product is timely, protecting users from lost wallet balances due to fraud.Igloo’s collaboration with consumer finance platform Kredivo — which serves more than 10 million users, introduces Travel Domestic, covering trip cancellations, lost baggage, and more.In Thailand, Igloo has expanded its partnership with e-payment and financial services provider True Money to include coverage for cars and motorcycles, building on the success of its health and accident insurance offering from the previous year, this new product extends protection to approximately 20.7 million registered vehicles across the country. Meanwhile, the successful collaboration with Lazada Thailand, which serves millions of customers in the country, also sees the addition of a fifth product — Flight Insurance for domestic and international trips.“These partnerships underscore Igloo’s efforts to make insurance more seamless and integrated into everyday online transactions, and as we enter 2025, we are building on this momentum by deepening our commitment to making insurance more accessible, affordable, and seamlessly integrated into digital experiences. The slew of new partnerships — and the expansion of existing ones — within the first months in 2025 heralds our positive trajectory and highlights the continued value we provide in embedding insurance across diverse industries in Southeast Asia,” Mehta added.Key regional hire to accelerate growth in Southeast AsiaIn addition, Igloo has added to its leadership fold Chief Distribution Officer (CDO) Sasitharan Krishnan who brings over 30 years of expertise from the insurance distribution sector serving as Senior Vice President for Asia Affinity at insurance giant Sompo and Chief Officer of Digital Sales at Allianz Ayudhya Assurance.In his role, Sasi will drive Igloo’s distribution strategy with a key focus on brokering regional deals, and increased value for Igloo and its partners through relationships with regional and local insurers. He will also bring mentorship and rigor to Igloo’s commercial organisation.“With Sasitharan’s addition, we will make significant strides in accelerating growth,” Mehta explained. “His extensive experience in insurance distribution and digital sales will be instrumental in building new partnerships, driving value for Igloo and our partners and ensuring our products are consumer-centric, accessible, and effectively delivered across business lines.”Learn more about Igloo, its partnerships, and technology by visiting iglooinsure.com.About IglooIgloo is a regional full-stack insurtech firm headquartered in Singapore. It has offices in Singapore, Indonesia, Thailand, the Philippines, Vietnam and Malaysia and tech centres in China and India. With a mission of making insurance accessible for all, the firm leverages big data, real-time risk assessment, and end-to-end automated claims management to create B2B2C insurance solutions for platform companies and insurance companies. Igloo’s insurance solutions enable companies to eliminate their exposure to operational risk, create new revenue streams, and optimise and enhance existing products and services. It has partnered with over 75 well-known brand names across the markets in various verticals, including insurance, telecommunications, e-commerce, hospitality, health tech and financial services. Recognized by the industry for its innovations and expertise, Igloo was named ‘Insurtech of the Year’ in the 2023 and 2024 Asia Fintech Awards.For more information, please visit https://iglooinsure.com/.For Media Queries: PRecious Communications for IglooEmail: Igloo@preciouscomms.com Copyright 2025 ACN Newswire via SeaPRwire.com.
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Giftify, Inc. Announces Smart Savings Solution for Popular GLP-1 Diabetes and Weight Loss Medications

Schaumburg, Illinois, Feb 21, 2025 - (ACN Newswire via SeaPRwire.com) - Giftify, Inc. (NASDAQ:GIFT) (the "Company"), the owner and operator of CardCash.com and Restaurant.com, and a leader in the incentives and rewards industry, today announced that CardCash.com is offering consumers smart saving solutions for high-cost GLP-1 weight loss prescription medications like Ozempic (semaglutide) from Novo Nordisk and Zepbound (tirzepatide) from Eli Lilly.CardCash.com, Giftify's secondary gift card exchange platform, provides consumers with an innovative approach to reduce rising out-of-pocket expenses for increasingly popular GLP-1 medications. The strategy leverages discounted pharmacy gift cards from major retailers including CVS and Walgreens.This program aligns with current national efforts to address healthcare affordability challenges. By providing practical tools to reduce prescription costs, CardCash.com is contributing to the ongoing public dialogue around making essential medications more accessible for all Americans, particularly as policymakers continue to explore comprehensive solutions to rising healthcare expenses.Consumer feedback validates the financial impact of this approach. “As one Trustpilot reviewer, Corey Polk, shared, ‘I had significant savings on my Walgreens cards. I used it to buy Ozempic, and now I save about $30 a month.’ This is exactly what we aim for at CardCash — helping consumers find financial relief where they need it most,” said Carol Rosenblum, Marketing Manager at CardCash.com.The platform's strategy creates a multi-layered savings opportunity for medication purchasers. Users can combine CardCash's discounted gift cards with manufacturer savings programs and prescription discount services like GoodRx and SingleCare. Additional cost reductions can be achieved through price comparisons between major pharmacy retailers including CVS, Walgreens, and Walmart.This healthcare cost reduction initiative addresses growing market demand for GLP-1 medications such as Ozempic, Mounjaro, and Wegovy. By providing access to discounted gift cards that can be applied toward pharmaceutical purchases, CardCash extends Giftify's value proposition into the healthcare sector."As prescription medication costs continue to rise, we're leveraging our established gift card marketplace to create meaningful savings opportunities in healthcare," said Ketan Thakker, CEO of Giftify, Inc. "This initiative aligns perfectly with our strategic focus on expanding our digital savings platforms into high-growth consumer markets. The increasing adoption of GLP-1 medications represents a significant opportunity to demonstrate the versatility and value of our business model."About Giftify, Inc.Giftify, Inc. is a pioneer in the incentive and rewards industry with a focus on retail, dining & entertainment experiences, as the owner and operator of leading digital platforms, CardCash.com and Restaurant.com. CardCash.com is a leading secondary gift card exchange platform, allowing consumers and retailers to realize value by buying and selling gift cards at various scales. Its Restaurant.com is the nation’s largest restaurant-focused digital deals brand. Restaurant.com and our Corporate Incentives division connect digital consumers, businesses and communities offering thousands of dining, retail and entertainment deals options nationwide at over 184,000 restaurants and retailers. Restaurant.com prides itself on offering the best deal, every meal. Our gift cards and restaurant certificates allow customers to save at thousands of restaurants across the country with just a few clicks.For more information, visit: www.giftifyinc.com and www.cardcash.com and https://www.restaurant.com.Forward-Looking StatementsPress Releases may include forward-looking statements. In particular, the words “believe,” “may,” “could,” “should,” “expect,” “anticipate,” “estimate,” “project," "propose," "plan," "intend," and similar conditional words and expressions are intended to identify forward-looking statements. Any statements made in this news release about an action, event or development, are forward-looking statements. Such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company. Accordingly, you should not place undue reliance on these forward-looking statements. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The company takes no obligation to update or correct its own forward-looking statements, except as required by law or those prepared by third parties that are not paid by the company. Statements in this press release that are not historical fact may be deemed 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. Although Giftify, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, Giftify, Inc. is unable to give any assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include the company’s ability identify a suitable business model for the corporation.Investors Contacts:IR@giftifyinc.com Copyright 2025 ACN Newswire via SeaPRwire.com.
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