Karbon-X and Banff Half Marathon Celebrate 2025 with Verified Climate Contributions that Reflect the Spirit of the Rockies ACN Newswire

Karbon-X and Banff Half Marathon Celebrate 2025 with Verified Climate Contributions that Reflect the Spirit of the Rockies

September 10, 2025
Calgary, Canada, Sept 10, 2025 - (ACN Newswire via SeaPRwire.com) - For the third consecutive year, Karbon-X (OTCQX:KARX) and the Banff Half Marathon have partnered to take meaningful, measurable climate action that reflects the natural values of the Rockies.This year’s race included verified climate contributions covering the event’s footprint, along with voluntary contributions made by runners at registration. By choosing an optional add-on at checkout, participants were able to make a personal impact, integrating climate action directly into their race experience.The story behind this effort is as local as it is global. Banff has long lived in rhythm with nature, from the early hydro stations that powered mountain towns to campfires that bring people together after a day outdoors. The climate contributions made through this partnership echo that legacy, supporting clean energy and sustainable heat in communities worldwide, just as Banff has done for generations.“Partnering with Karbon-X has given us a meaningful way to align our race with the values of the community” said Paul Regensburg, Race Director of the Banff Half Marathon. “Our runners care about protecting the places they love, and this partnership helps turn that care into action.”“The Karbon-X collaboration with the Banff Half Marathon is built on a shared commitment to protecting the pristine environment that makes this race a world-class destination,” said Matt Kauffman, EVP of Sports & Entertainment at Karbon-X. “We’re proud to provide runners with a simple, effective way to balance their environmental impact. At its core, this partnership is about taking collective responsibility for our footprint, safeguarding the beauty of Banff, and advancing a shared vision for a sustainable future, helping competitors run for a purpose that is larger than the race itself.”Through 2027, Karbon-X continues its role as the Banff Half Marathon’s Sustainability Partner, working together to minimize impact and inspire collective action among participants and the broader community.To learn more about this year’s contributions and impact, visit: www.karbon-x.com/banff-marathon-2026About Karbon-XKarbon-X Corp. (OTCQX: KARX) is a vertically integrated climate solutions company delivering end-to-end climate solutions across both compliance and voluntary markets. From project origination and emissions quantification to third-party verification, credit issuance, and market distribution, Karbon-X ensures transparency and impact at every step. Karbon-X makes trusted climate action accessible not only to businesses and institutions, but also to individuals and everyday people who want their choices to create lasting impact.To learn more visit https://www.karbon-x.com/Showcase Page: https://www.amplifix.net/showcase/karbon-x About the Banff Half MarathonThe Banff Half Marathon is Canada’s most breathtaking running experience, welcoming thousands of runners each June to one of the world’s most iconic landscapes. With a growing commitment to sustainability, the event celebrates personal achievement and environmental stewardship in equal measures.To learn more visit https://www.banffhalf.com/Media ContactEmma CaputoVP of MarketingKarbon-X marketing@karbon-x.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Evonik Oxeno Goes Live with Upgraded Decision-Centric Planning Platform in the Cloud ACN Newswire

Evonik Oxeno Goes Live with Upgraded Decision-Centric Planning Platform in the Cloud

September 10, 2025
ANTWERPEN, BELGIUM, Sept 10, 2025 - (ACN Newswire via SeaPRwire.com) - OMP and Evonik Oxeno announce the successful go-live of a significant digital transformation milestone: the move of OMP's Unison Planning™ to the cloud across Evonik Oxeno's key production sites in Marl and Antwerp. With this project going live, Oxeno elevates its planning capabilities into a new insight-driven, decision-centric planning era.This is not a new beginning. It's the next evolution of a platform that has been live and delivering real results since April 2021. Over the last four years, Evonik Oxeno has embraced decision-centric planning, calculating 30 to 50 scenarios per day and nearly 10,000 simulations since the launch. These scenarios allow teams to explore future possibilities and make informed, data-driven decisions across the company's chemical value chain. The result is a supply chain that can respond to feedstock volatility, market shifts, or logistical risks while safeguarding business continuity and capturing opportunities.The newly deployed version is a significant enhancement, built from the ground up based on four years of operational insight. It introduces a streamlined cloud environment, a purpose-built framework for continuous production, and more intelligent, low-friction workflows, making it easier and faster for planners to proactively optimize, simulate, compare, and act on complex scenarios. While the core approach remains the same, the new version lowers the barriers to advanced planning. It accelerates the path to insight, empowering planners to focus more on strategic decision-making."We didn't reinvent how we work, we just made it easier," said Frank Beißmann, Managing Director at Evonik Oxeno. "With this new version, we've taken everything we've learned and turned it into a faster, more intuitive, and even more powerful platform supporting confident, proactive decisions."OMP's continued partnership with Evonik Oxeno underscores a shared commitment to innovation and operational excellence in the chemical industry."Oxeno's forward-thinking approach is a benchmark for what decision-centric planning can achieve," said Christian Wöllenstein, Senior Project Manager at OMP. "This upgrade reflects our shared vision of continuous improvement, one where supply chain planning is deeply intelligent, future-proof, and business-aligned."For a deeper dive into how Evonik Oxeno transformed its planning - including organizational changes, scenario-based decision-making, and sustainability gains beyond what's covered here - explore the full story.Contact InformationChristian WöllensteinSenior Project Manager at OMPcwoellenstein@omp.comSOURCE: OMPRelated ImagesEvonik Oxeno goes live with upgraded decision-centric planning platform in the cloud Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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IFBH Interim Results Shine: Outpacing Industry Growth with Promising Value-Growth Prospects Catalyzed by Stock Connect

September 9, 2025
HONG KONG, Sep 10, 2025 - (ACN Newswire via SeaPRwire.com) – On August 22, Hang Seng Indexes Company officially announced that IFBH Limited ("IFBH", 6603.HK), the parent company of Thailand’s renowned coconut water brand "if," has been included in the Hang Seng Composite Index, with the change taking effect on September 8. This signifies that the company will meet the core access requirements for the Stock Connect program. Referring to past cases, particularly those involving companies with high brand value in mainland China, inclusion in the Stock Connect typically brings an important incremental source of capital from southbound funds. This not only significantly enhances stock liquidity but also broadens the investor base, driving valuations to align with industry leaders.At this important milestone, IFBH specially organized a large-scale campaign themed "Celebration Moment" — showcasing the brand strength and international vision of IFBH to the market through a light show in Qingdao and synchronized LED screen displays in Hangzhou and Guangzhou. Among them, the Qingdao light show was grandly held from 19:45 to 20:00 on the evening of September 8 at Fushan Bay in Qingdao, serving as "a celebratory tribute dedicated to the special occasion of IFBH's inclusion in the Stock Connect."Revenue Growth Outpaces Market Segment, Profit Resilience Withstands Short-Term VolatilityThanks to consumers’ growing awareness of taste and its ability to meet the demand for natural, healthy, functional, and hydrating beverages, the coconut water segment is experiencing rapid growth. In this booming market, IFBH stands as an industry leader. It has maintained the highest market share in China for five consecutive years and ranks as the second-largest company in the global coconut water beverage market, positioning it to capture long-term industry growth.Recently, IFBH released its 2025 interim results, delivering a performance that demonstrated both growth and resilience in the first half of the year, with its core competitiveness continuing to strengthen.Based on its revenue performance in the first half of the year, IFBH demonstrated a significant competitive advantage in the health beverage segment. During the Reporting Period, the Company’ total revenue increased by 31.5% year-on-year, outpacing the industry average and underscoring its leading position in this market segment. Among this, the if brand contributed 89% of revenue, while Innococo accounted for 11%.In terms of revenue structure, IFBH exhibits a dual-engine growth pattern of “core category leadership and new category breakthroughs” . Revenue from its core product, coconut water, reached US$91.51 million, up 33.3% year-on-year, accounting for 96.9% of total revenue and further reinforcing the market perception of “coconut water = if”. Revenue from other beverages, amounted to US$2.257 million, surging 57.2% year-on-year. These demonstrate that the Company’s strategy of expanding from a “single blockbuster” to a “multi-category portfolio” is beginning to show results.On the profitability front, IFBH's gross profit increased by 15.3% year-on-year in the first half of the year. The adjusted net profit margin remained stable at 20%, placing IFBH in the upper mid-range of the food and beverage industry and highlighting the continued strong profitability of its core business.It is worth noting that the second half is traditionally the peak season for beverage consumption, IFBH’s profit growth is expected to further align with its revenue growth, with continued expansion in its room for profit flexibility.On the operational front, IFBH has proactively stocked up in advance to capitalize on the peak summer and National Day consumption periods in the second half of the year, reflecting management’s strong confidence in future market demand.From intensified marketing efforts and the gradual fading of previous profit-dampening factors to early channel stocking, IFBH is well-positioned for overall favorable development, with high certainty for accelerated growth in the second half of the year.Sustained Industry Momentum and Multi-Dimensional Strengths Drive Long-Term GrowthFrom an industry perspective, the global consumer market is undergoing a divergent pattern of “traditional segments under pressure while emerging sectors on the rise”. In this context, the health consumption sector stands out with increasingly strong growth prospects. As the fastest-growing segment in the RTD soft drink market, the coconut water industry in Mainland China is expected to expand steadily with a compound annual growth rate (CAGR) of 20.2% from 2024 to 2029, reaching a market size of US$2.55 billion by 2029. The global coconut water market is also projected to grow at a CAGR of 11.1%, increasing from US$5.0 billion in 2024 to US$8.5 billion in 2029.IFBH is implementing a dual-brand differentiation strategy with if and Innococo working in synergistic operation. if brand will further expand into foodservice channels, online platforms, etc., fully capturing the growth opportunities in China’s coconut water industry, while the other brand, Innococo, plans to enter the sports drink market while continuing to diversify its beverage offerings, creating a balanced structure of “dual brands + multiple categories”, driving sustained growth in the Company’s performance.On the other hand, IFBH will accelerate its global expansion. In the first half of the year, the Company saw significant year-on-year revenue growth in markets such as Australia, the United States, and Canada. Looking ahead, IFBH will focus on expanding into Southeast Asia and the Americas. The Company’s asset-light model provides high agility for business expansion. Moving forward, IFBH is expected to replicate its success in the Chinese market and advance toward becoming a global leader in coconut water. For long-term investors, IFBH is not only a high-quality player in the health consumption sector but also a rare option with the potential for sustained growth and resilience through market cycles. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Elixir Advances Patent-Pending AI Technology With Catalyst Solution to Revolutionize CCM Migration ACN Newswire

Elixir Advances Patent-Pending AI Technology With Catalyst Solution to Revolutionize CCM Migration

September 9, 2025
OJAI, CALIFORNIA, Sept 9, 2025 - (ACN Newswire via SeaPRwire.com) - Elixir today announced significant progress in its patent application for Elixir Catalyst, a groundbreaking AI and machine learning-powered solution that transforms how organizations migrate from legacy Customer Communications Management (CCM) systems. This revolutionary technology addresses one of the most daunting challenges facing enterprises today: replacing mission-critical CCM platforms that have been deeply embedded in business operations for years or even decades."CCM migration has long been considered one of the highest-risk, most expensive technology projects an organization can undertake," said Tarek Harry, CEO at Elixir. "With Elixir Catalyst, we're fundamentally changing this reality. Our patent-pending AI technology can slash migration timelines by 3-4x and reduce costs by 50-80%, transforming what was once a multi-year, multimillion-dollar nightmare into a streamlined, predictable process."Traditional CCM migrations often exceed a year in duration and cost millions of dollars, particularly with legacy solutions that require complete manual template rebuilds. Organizations face the painful reality of complex data migrations and high-stakes compliance risks that can halt production and damage the bottom line. Elixir Catalyst solves these challenges through its innovative approach that requires only data sources and sample PDF outputs to automatically generate fully functional Elixir Cloud templates. The solution combines patent-pending AI and machine learning technology with expert professional services to rapidly convert legacy and competitive documents while maintaining template fidelity through built-in checks and human oversight."What makes Elixir Catalyst truly revolutionary is its vendor and system agnostic approach," said Libby Koehn, Global VP of Product at Elixir. "We don't need access to the original CCM platform - just sample PDF outputs and their data feeds. This means organizations can finally break free from legacy systems without the traditional barriers of complex integrations and manual reconstruction efforts. Our AI technology even discovers business / data rules for variable content, shared resources and optimizes templates during the conversion process."The solution has already demonstrated remarkable success in the field. One of the largest insurers in the country leveraged Elixir Catalyst to migrate from legacy systems in under a year at 60% less cost than the nearest competitor, avoiding the multi-year timelines and millions in costs quoted by incumbent CCM vendors.Key benefits of Elixir Catalyst include:Dramatic reduction in migration time and costs through AI-powered automationAccelerated time to value by eliminating manual template re-developmentEnhanced template fidelity with built-in quality checks and expert oversightSystem agnostic approach requiring only sample PDF outputs and data feedsOptimized template generation through intelligent discovery and generation of data mappings, variable content rules, and shared resourcesAs organizations increasingly recognize the need to modernize their communication systems for improved security, scalability, and business agility, Elixir Catalyst provides a transformative path forward that significantly reduces the traditional risks and complexities of CCM migration.The advancement of Elixir's patent application represents a significant milestone in the company's commitment to innovation in the customer communications space, building on its cloud-native platform that already empowers business users to create personalized communications at scale.About ElixirElixir is the leader in the customer communication space. Our cloud-native Customer Communication Management (CCM) platform empowers business users to create personalized, meaningful communications at scale without technical complexity. We combine innovative technology with deep industry expertise to transform how organizations engage with their customers. From insurance policies that protect families to financial statements that secure futures, we enhance the human element of customer communications while handling complex requirements with precision and care.Reach out to us today at Elixir.com to talk about a unified communication strategy for your business on Elixir Cloud.Contact InformationMelissa YeartaDirector of Marketingmelissa_yearta@elixir.com323-309-5608SOURCE: Elixir Technologies Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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U.S. Polo Assn. Partners With Ayala Polo Club for the 2025 Sotogrande Gold Cup, One of Europe’s Premier Polo Tournaments ACN Newswire

U.S. Polo Assn. Partners With Ayala Polo Club for the 2025 Sotogrande Gold Cup, One of Europe’s Premier Polo Tournaments

September 9, 2025
SOTOGRANDE, SPAIN AND WEST PALM BEACH, FL, Sept 9, 2025 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn., the official sports brand of the United States Polo Association (USPA), returned for the second consecutive year as the Official Apparel Sponsor of the 2025 Sotogrande Gold Cup, Spain's most prestigious polo tournament and the crown jewel of the 54th International Polo Tournament at Ayala Polo Club in Sotogrande, Spain.The Sotogrande Gold Cup, played from July 28 to August 30, brought together the sport's most celebrated athletes, polo ponies, and teams from around the world for a high-goal competition set against the scenic backdrop of southern Spain. As part of its sponsorship, U.S. Polo Assn. provided outfitting for tournament staff, custom jerseys for umpires, exclusive cap giveaways, and a signature prize for the tournament's MVP.This annual event is considered the pinnacle of Spanish polo, attracting world-renowned players, including Barto and Jeta Castagnola, Poroto Cambiaso, Polito Pieres, Hilario Ulloa, Tomas Panelo, and Pablo MacDonough, to name a few, making it a highlight of the international polo calendar. The thrilling 2025 Sotogrande Gold Cup Final saw Amanara Polo Team defeat Dos Lunas with a score of 13-9 in a fast-paced game that kept spectators on the edge of their seats. This win also marked Amanara's second major title of the season at Ayala Polo Club, following their Sotogrande Silver Cup victory earlier this summer."For the second year in a row, U.S. Polo Assn. had the incredible honor of being the Official Apparel Sponsor of the Sotogrande Gold Cup," said J. Michael Prince, President and CEO of USPA Global, the company that manages the multi-billion-dollar U.S. Polo Assn. brand. "Europe and Spain are important and growing for our brand, and this premier tournament allows us to strengthen our authentic connection to the sport while reaching new fans in a region where the sport and lifestyle intersect so beautifully."Hosted by Ayala Polo Club, the tournament featured world-class sponsors, including U.S. Polo Assn., Maserati, Fairmont La Hacienda, Heineken, Bacardi, and media partner Minuto Siete. The Sotogrande Gold Cup tournament continues to elevate the sport of polo in Europe and Spain with top-level competition and unmatched hospitality on an iconic stage for high-goal matches."Europe and Spain have a deep appreciation for tradition, lifestyle, and the sport of polo, making it a natural fit for U.S. Polo Assn.," said Lorenzo Nencini, President of Incom S.p.A., U.S. Polo Assn.'s strategic partner in the region. "From the elegance of Sotogrande to the enthusiasm of our sports fans across the region, we see a strong opportunity to further U.S. Polo Assn.'s connection with consumers who value authenticity, quality, and timeless style."About U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official sports brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in the United States, founded in 1890 and based at the USPA National Polo Center (NPC) in Wellington, Florida. This year, U.S. Polo Assn. celebrates 135 years of sports inspiration alongside the USPA. 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. The brand sponsors major polo events around the world, including the U.S. Open Polo Championship®, held annually at NPC in The Palm Beaches, the premier polo tournament in the United States. Historic deals with ESPN in the United States, TNT and Eurosport in Europe, 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, PGA Tour, and Formula 1, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global 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 United States Polo Association (USPA) and manages the multi-billion-dollar sports brand, U.S. Polo Assn. USPA Global also manages the subsidiary, Global Polo, which is the worldwide leader in polo sport content. To learn more, visit globalpolo.com or Global Polo on YouTube.Contact InformationShannon StilsonVP, Sports Marketing and Mediasstilson@uspagl.com+001.561.227.6994Stacey KovalskyVP, Global PR and Communicationsskovalsky@uspagl.com+001.561.790.8036SOURCE: U.S. Polo Assn.Related Images2025 Sotogrande Gold Cup Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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SG.GS Expands Market Presence in North America ACN Newswire

SG.GS Expands Market Presence in North America

September 9, 2025
SINGAPORE, Sept 9, 2025 - (ACN Newswire via SeaPRwire.com) - Global connectivity provider SG.GS has announced significant upgrades across its North American network, unveiling three additional markets in Toronto, Ashburn, and Seattle, alongside upgrading existing markets in New York, Chicago, Miami, San Jose, and Los Angeles. These upgrades are designed to handle higher-capacity services, reduce latency between North America and Asia Pacific, and increase availability for SG.GS' IP network."We're addressing the intricate connectivity challenges our customers are facing between North America and Asia Pacific as a friendly and supportive partner," comments Dave Pumford, General Manager, International at SG.GS. "This investment expands us into Canada for the first time and allows us to reach more US markets, delivering on our global business strategy."Advanced capabilitiesIn parallel with expanding its points of presence, SG.GS has added resilient subsea capacity across both the Atlantic (AE-Connect and Dunant) and the Pacific (New Cross Pacific, JUNO, and JUPITER) to support expanded North American reach and is fully managed and monitored by its global network operations centre in Singapore."This extensive North American upgrade, following our European expansion last year, helps position SG.GS as a true global connectivity provider," adds Pumford.With the deployment of new hardware across North America, SG.GS can now offer up to 100G services across its product portfolio, including international connectivity, IP access (AS24482), IX peering, and cloud services.The connectivity provider also introduced and upgraded several Internet Exchanges (IXs) and cloud on-ramp providers (CNIs) throughout the region as part of a broader effort to improve IP route density, IX and cloud services, and last-mile connectivity."Local density is as important to us as global reach, as we build bespoke solutions for regional carriers, infrastructure providers, and enterprise customers," notes Pumford.Opening opportunities for businessesExpanding market availability in North America signals a strategic opportunity that SG.GS has placed on enabling direct access between major connectivity hotspots across the East and West, enabling superfast connectivity for business from emerging local operations to established global customers."Our roots in Singapore give us optimal positioning to leverage neutral connectivity between the East and the West," comments Shawn Ang, Managing Director of SG.GS. "Singapore is one of the most interconnected markets in the world, and we have built a strong reputation for demystifying Asia Pacific emerging markets for new market entrants with our strong relationships across the region."SG.GS' strategic connections and extensive network across APAC help smaller B2B businesses scale internationally, tapping into a booming market that represents 60% of the world's population. High-speed connectivity is now essential for companies that increasingly rely on cloud-based technologies, enabling business continuity and growth."This is especially helpful for those looking to expand their network presence worldwide, using a knowledgeable and trusted global partner," adds Ang.Increasing presenceThis expansion marks SG.GS' next step in becoming a global telecommunications provider, offering greater flexibility for customers looking to scale their presence and customer bases internationally."As more barriers are being built, it's our job to break them down and provide equal access to global connectivity," concluded Ang. "We're fostering better, more open communication between established and emerging markets, ensuring all businesses have the opportunity to grow their reach."Media contactsDominic DansonAccount Director, Grammatik Agencydominic@grammatikagency.com+44 (0)7568 428 779About SG.GSSG.GS is a global wholesale carrier that delivers fully customisable, scalable, and low-latency network solutions. Based in Singapore and London, we have spent over 20 years building a strong reputation for customer experience, infrastructure reliability, and regional expertise throughout Asia-Pacific and beyond. With a strong presence across diverse regions, we serve businesses in both developed and emerging markets, providing seamless connectivity on a local and global scale.More: www.sg.gs | Global network map: sg.gs/network-mapSOURCE: SG.GS Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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The Second Hong Kong Shopping Festival Wraps Up Successfully ACN Newswire

The Second Hong Kong Shopping Festival Wraps Up Successfully

September 9, 2025
- The Second Hong Kong Shopping Festival Wraps Up SuccessfullyE-commerce Express continues to support Hong Kong SMEs in seizing e-commerce opportunities, with total impressions exceeding 100 millionThe second Hong Kong Shopping Festival concluded successfully in August 2025, with total impressions exceeding 100 million across the official website, e-commerce platforms and social media channels, representing an 11% increase compared to last year.- The Hong Kong Shopping Festival has been enhanced on platforms such as Taobao, JD.com, and Douyin, featuring nearly 260 brands and over 500 products by Hong Kong SMEs, offering mainland consumers a month-long one-stop discount promotion.- The Hong Kong Trade Development Council launched the E-commerce Express this year, with the Hong Kong Shopping Festival serving as the flagship event. The E-commerce Express will continue to organise various initiatives aimed at helping Hong Kong SMEs seize opportunities in the mainland e-commerce market.HONG KONG, Sep 9, 2025 - (ACN Newswire via SeaPRwire.com) – The Hong Kong Shopping Festival, organised by the Hong Kong Trade Development Council (HKTDC) and fully supported by the Government of the Hong Kong Special Administrative Region (HKSAR), concluded successfully, with over 100 million total impressions across the official website, e-commerce platforms and social media channel, an 11% increase compared to last year. The HKTDC launched the E-commerce Express this year, with the Hong Kong Shopping Festival serving as the flagship event. Following the festival, E-commerce Express will continue to organise various initiatives aimed at helping Hong Kong SMEs seize opportunities in the mainland e-commerce market.Algernon Yau, Secretary for Commerce and Economic Development of the HKSAR Government, said: “The Hong Kong Shopping Festival has successfully brought about notable sales and enhanced the reputation of the brands of participating Hong Kong enterprises. The Government is committed to encouraging enterprises to expand their operations in both the mainland and overseas markets. To this end, the Government will continue to further assist Hong Kong enterprises in developing brands, upgrading and transforming through multi-pronged support measures, including funding schemes, training and information services, as well as promotional activities and exhibitions. Additionally, we look forward to continuing our support to the HKTDC to organise the Hong Kong Shopping Festival next year, thereby enabling the trade to grasp the business opportunities in the e-commerce market.”Patrick Lau, Deputy Executive Director, HKTDC, said: “Brands owned by Hong Kong SMEs are known for their high quality and authenticity. There is strong demand for Hong Kong products among online consumers in the mainland. A recent survey by the HKTDC revealed that 78% of respondents had purchased Hong Kong products online in the past year. The Hong Kong Shopping Festival successfully opened up opportunities for Hong Kong brands and SMEs in the mainland e-commerce market. We are dedicated to supporting their expansion into both mainland and international markets through the E-commerce Express programme.”The second Hong Kong Shopping Festival attracted nearly 260 brands, with an enhanced event page on platforms like Taobao, JD.com, and Douyin, showcasing over 500 Hong Kong products. This initiative offered mainland consumers a month-long, one-stop online shopping experience with exclusive discounts. The campaign used various promotional strategies, including full-screen ads, keyword searches, push notifications, and lucky draws, all aimed at driving traffic to the event page and associated online stores. Additionally, targeted online and offline advertising campaigns focused on high-end mainland consumers and visitors from the mainland, boosting the campaign's visibility and the profiles of participating Hong Kong online stores.This year, the Hong Kong Shopping Festival received support from renowned artists such as Samantha Ko, Grace Chan, Kenneth Ma, and Sisley Choi, along with over 30 influencers from the mainland, including Li Jiaqi, Lin Yilun, and Hu Ke. They conducted live-streaming sessions for more than 80 brands, with some sessions taking place in Hong Kong for the first time. All live-streaming sessions attracted over 10 million views in total. The topics surrounding the Hong Kong Shopping Festival generated substantial buzz on mainland social media, with discussions on platforms like Douyin and Xiaohongshu surpassing 50 million views, and continued to spread across WeChat, Weibo, and other online communities, amplifying the campaign's reach.Hong Kong Shopping Festival: Multi-strategy to enrich practical experience for local SMEsDuring the promotional period, health supplements and food and beverage products gained significant popularity, highlighting the confidence of mainland consumers in the credibility and quality assurance of Hong Kong products. The Hong Kong Shopping Festival live-streaming sessions frequently topped the trending lists, with several best-selling items ranked in the top five across categories such as snacks and nuts, health supplements and outdoor footwear and apparel.The Hong Kong Shopping Festival has received strong recognition from local brands, including Wah Yuen Foods (H.K.) Co., Ltd., a long-established snack manufacturer that has participated in the campaign for two consecutive years. Its Director Brian But said, "The e-commerce market in mainland China has immense potential. This campaign not only brings us closer to mainland consumers but also significantly enhances our brand visibility. Moreover, live-streaming has greatly amplified our promotional efforts. When consumers see influencers enjoying our products, it undoubtedly stimulates their desire to purchase." Brian also noted that this year marked Wah Yuen's first participation in a live-streaming session and several classic snacks gained popularity among more than 20 KOLs, including prominent streamers on Taobao and Douyin. The Satay Beef Slices became the best-selling item, contributing to a 50% increase in sales during the event. He said the Hong Kong Shopping Festival had significantly boosted his confidence and he hopes to launch more new products, leveraging e-commerce as a sales channel to create "hit products."Global Development also achieved outstanding results in its first participation in the Hong Kong Shopping Festival. Its trendy outdoor sportswear brand, ADVT, experienced a twofold increase in sales compared to last year, despite the summer typically being a slow season for windbreakers. The brand generated RMB 400,000 in sales across nearly 10 live-streaming sessions, with new visitors to its online store increasing tenfold. Its Vice President (Branding & Sales) Michael Fan said, "This success was truly unexpected. KOLs' personal try-ons and real-time feedback significantly boosted consumer confidence, encouraging purchases of our higher-priced products. Additionally, the seminars and the one-on-one consultancy services provided valuable and practical e-commerce strategies that enabled us to pinpoint our core strengths, capitalise on our advantages, and define a clear development direction, thus opening a new chapter for the company's growth."Bolstered by a successful market test during the Hong Kong Shopping Festival, several Hong Kong SMEs are exploring the establishment of cross-border online shop to penetrate the mainland market. A prominent example is Aximed Hong Kong Limited, a health supplement brand that participated in the festival through the HKTDC Design Gallery's cross-border online shop. Aximed leveraged customised marketing tools beyond live-streaming such as WeChat promotion and Xiaohongshu seeding, resulting in a doubling of sales compared to the same period last year. The brand now intends to use the insights gained from this experience to refine both its product offerings and marketing approaches, with the ultimate goal of expanding its brand presence in the mainland market.The Hong Kong Shopping Festival also helped mainland e-commerce professionals better understand Hong Kong brands and products, creating more opportunities for collaboration. Wei Yinghui, Managing Partner of Meione (Shanghai) Network Technology Co., shared, "Through the campaign, we have discovered many good-quality brands and products from Hong Kong. We want to leverage our live-streaming platform with Li Jiaqi to help more mainland consumers learn about and love these products. Looking ahead, we hope to find even more amazing offerings from Hong Kong, so everyone can experience the unique charm of the city both online and offline."E-Commerce Express: Year-Round Support for Hong Kong SMEs Expanding into the Mainland MarketHKTDC has launched a year-round promotional programme, E-Commerce Express, to provide enhanced support for SMEs entering the mainland market through e-commerce this year. As part of the programme, the second Hong Kong Shopping Festival collaborated with major e-commerce and social media platforms to promote Hong Kong brands and products. This enables businesses to connect more effectively with their target consumers and seize opportunities in the mainland e-commerce sector.In addition to the Hong Kong Shopping Festival, the E-commerce Express offers a wide range of year-round services, including capacity-building seminars, business consultations, outbound missions, business matchingand market news, . Paul Ko, General Manager of China Bencaoworld Tea (Hong Kong) Co., Ltd.,said: "Through the activities and reports from the HKTDC, we have seen the confidence and recognition that mainland consumers have in Hong Kong brands, which has laid a solid foundation for our company's expansion into the mainland market." Paul earlier participated in an e-tailing business mission to Shenzhen organised under the ”E-Commerce Express” initiative. This year, the company joined the Hong Kong Shopping Festival for the first time and achieved solid results, with sales of several products and online store traffic more than doubling. "We have just established a new office in Shenzhen and will use the Greater Bay Area as a strategic base to continue expanding into the health and wellness markets of first-tier cities such as Shanghai and Beijing. We will also continue to increase investment in operating our online stores and social media platforms. Through connections facilitated by the HKTDC, we have already forged cooperation agreements with some chain stores in the Greater Bay Area, accelerating the entry of our products into the local market both online and offline."Photo Download: http://bit.ly/4pqes4vhttThe Hong Kong Shopping Festival invites renowned mainland China KOLs to host live-streaming e-commerce sessions, resulting in a very positive response.The second Hong Kong Shopping Festival, organised by the HKTDC, achieves total impressions exceeding 100 million across the official website, e-commerce platforms and social media channel.HKSAR Financial Secretary Paul Chan showed his support in a promotional video to promote the Hong Kong Shopping Festival.Media EnquiriesYuan Tung Financial Relations:Louise Song Tel: (852) 3428 5691 Email: lsong@yuantung.com.hkTiffany Leung Tel: (852) 3428 2361 Email: tleung@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Sharon Ha Tel: (852) 2584 4575 Email: sharon.mt.ha@hktdc.orgKaty Wong Tel: (852) 2584 4524 Email: katy.ky.wong@hktdc.orgHKTDC Media Room: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. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Elevating Imaging, Empowering Flow – AGFA HealthCare at RSNA 2025 ACN Newswire

Elevating Imaging, Empowering Flow – AGFA HealthCare at RSNA 2025

September 9, 2025
CARLSTADT, NEW JERSEY, Sept 9, 2025 - (ACN Newswire via SeaPRwire.com) - At RSNA 2025, AGFA HealthCare will unveil its latest suite of imaging innovations designed to transform the clinical experience-delivering seamless workflows, smarter automation, and tailored diagnostic environments, whether at their workstation, remotely, or across the enterprise.Built around the real-world needs of radiologists, IT teams, and healthcare enterprises, AGFA HealthCare's Enterprise Imaging Platform is more than a solution-it's a connected ecosystem designed to keep clinicians in flow. By unifying teams and technologies, it simplifies complexity and strengthens collaboration across the care continuum."Our innovations are thoughtfully designed to align with how clinicians think, work, and collaborate, delivering a diagnostic experience that is precise, intuitive, and connected." says Nathalie McCaughley, President, AGFA HealthCare. "Whether radiologists are reading from a hospital workstation, a home office, or across a distributed network, our platform provides the confidence and continuity they need, without adding complexity. That's what it means to empower clinical flow."What's New at RSNA 2025: Imaging Innovation, Tailored to YouStreaming Client - Anytime, Anywhere: AGFA HealthCare's zero-footprint Streaming Client brings a full diagnostic experience to the browser-with blazing speed, clinical fidelity, and personalized workflow tools. Radiologists can read from any location with the same precision and familiarity they expect on-site.RUBEE® Orchestrator - Smarter Worklists, Sharper Focus: Workflow Orchestration, powered by RUBEE®, ensures the right case gets to the right radiologist at the right time. Credential-aware distribution, live SLA dashboards, and personalized worklists help radiology teams stay aligned, efficient, and focused.RUBEE® for AI - Embedded Intelligence that Supports Clinical Control: With a flexible, vendor-neutral model, RUBEE® for AI delivers seamless access to curated or third-party algorithms and AI results directly into the diagnostic workflow. Deeply embedded for rapid decision support that enhances, not replaces human expertise. It empowers radiologists to work with greater efficiency, consistency, and confidence.Enterprise Imaging Cloud - Imaging Without Barriers: Delivered as a fully managed SaaS model, Enterprise Imaging Cloud simplifies IT operations, accelerates deployments, and ensures 99.99% uptime. It is security you can trust, scale without effort, and built-in peace of mind.At RSNA 2025, AGFA HealthCare is showcasing what imaging can truly become when it's designed around the clinicians who use it. With one Enterprise Imaging Platform, every innovation is purpose-built to reduce friction, restore focus, and keep clinicians confidently in flow. It's a connected experience that adapts to your teams, simplifies IT, and moves care forward. This is imaging - personalized, integrated, and built for what's next. This is Life in Flow.See the future of imaging at RSNA 2025 - Booth #2565. To schedule a demo or register for pre-conference webinars, visit: agfahealthcare.com/rsnaAbout AGFA HealthCareAt AGFA HealthCare, we are transforming the delivery of care - supporting healthcare professionals across the globe with secure, effective, and sustainable imaging data management. As a company, we are dedicated to our customers, and we have harnessed a value framework of Mission, Vision and Customer Delivery Principles into our routine operations. Through these principles, we commit a consistent high-yield code of conduct to our associates - channeling our experience and aspirations to all of our stakeholders. Our Empowerer profile supports our focus on creating an exceptional experience through the power of technology and is an integral foundation to our company standards. AGFA HealthCare is a division of the Agfa-Gevaert Group. For more information on AGFA HealthCare, please visit www.agfahealthcare.com.AGFA and the Agfa rhombus are registered trademarks of Agfa-Gevaert N.V. Belgium or its affiliates. RUBEE is a registered trademark of AGFA HealthCare NV or its affiliates. All rights reserved. All information contained herein is intended for guidance purposes only, and the characteristics of the products and services described in this publication can be changed at any time without notice. Products and services may not be available for your local area. Please contact your local sales representative for availability information. AGFA HealthCare diligently strives to provide as accurate information as possible but shall not be responsible for any typographical error.Contact InformationJessica BaldryGlobal Marketing & Communications Manager, AGFA HealthCarejessica.baldry@agfa.com+44 7583 203971Kara ClarkeDirector of Marketing North Americakara.clarke@agfa.comViviane DictusCorporate Press Relationsviviane.dictus@agfa.com+32 3 444 71 24 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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True Unlimited TravelKon Europe eSIM with 3UK Partnership Transforms Connectivity Across the UK and 70 Global Destinations ACN Newswire

True Unlimited TravelKon Europe eSIM with 3UK Partnership Transforms Connectivity Across the UK and 70 Global Destinations

September 8, 2025
SYDNEY, AU, Sept 9, 2025 - (ACN Newswire via SeaPRwire.com) - As the need for simple, cost-efficient, and wide-coverage travel eSIMs grows, TravelKon shows its commitment to empowering European travel by launching the new 3UK eSIM. According to the Department of Foreign Affairs and Trade (DFAT), roughly around 1.3 million Australians travelled to Europe in a year, with the UK, France, Italy, Spain, and Greece being the top destinations on multi-country itineraries.With the number of eSIM users forecast to jump to 215 million people by 2028, it's clear that an eSIM with broad coverage is essential to ensure travellers' convenience during European travels. That's why staying connected in Europe, one of the top destinations for Australian travellers, and providing accessible service are of the utmost importance for TravelKon.Empowering Travellers During Their European Dream GetawayRecognising the high surge in eSIM demand, TravelKon, one of Australia's leading travel eSIM and SIM card providers, is launching the new 3UK eSIM with a True Unlimited Plan. This product provides unlimited data in the UK and 30 GB of roaming data in 70 other destinations, including Europe, USA, Australasia, Asia, the Middle East, and Africa. Travellers can save up to 70% on roaming fees without the need to switch SIM cards while travelling.These efforts to provide worry-free roaming are part of TravelKon's main mission to deliver a cost-efficient, accessible solution for travellers looking to maximise their European travel experience. Travellers will not have to worry about connectivity during their multi-destination journey; they can stay connected with a simple, hassle-free, worry-free, and stress-free setup.True Unlimited: The Answer to Connectivity and Coverage Issues While Saving on Roaming FeesThis product provides a true unlimited data plan (no daily limit) in the United Kingdom and 30 GB of roaming data in 70 other destinations, including Europe, Asia, USA, New Zealand, Middle East, Africa, and more. This offers solid, worry-free connectivity for a traveller's two-week European holiday, from visiting popular travel destinations such as the beaches of Costa Brava in Spain, the vineyards of Bordeaux in France, and Croatia's Dalmatian Islands.Furthermore, this eSIM provides unlimited calls and texts in the UK and Europe (local calls only), with a 30-day service period starting from activation, ensuring smooth connectivity and worry-free travel for the entire duration.Simple Setup and Requirements for Equal Access Among TravellersTravelling across Europe with multi-countries itinerary can leave travellers with many things to handle at once. Real-time navigation, last-minute transport bookings, and social media sharing are essential for a smooth journey. With so much to manage, TravelKon is committed to delivering a seamless way to stay connected abroadThe 3UK eSIM addresses this issue with simple "plug and play" activation. Travellers can get a ready-to-use eSIM by simply scanning a QR code, which is sent to them instantly via email (no ID registration needed).This product is also compatible with most eSIM-enabled mobile devices (from iPhones to Androids) equipped with EID numbers. The eSIM activates automatically upon arrival in the UK and all of the covered European and other destination countries. This accessible approach to providing connectivity ensures equal access for all travellers and delivers the best user experience.Driving Sustainable Impact and a Quality European Travel ExperienceTravelKon tailors its products for travellers who value vast coverage yet a simple setup, placing user satisfaction as the top priority in its product development. Shannon from Germany shared her experience: "Absolutely fantastic. In Sweden, Denmark, Germany, and the Czech Republic, I had seamless and constant coverage all the time. The setup was simple. There were great instructions on the website. It's the best value when compared to competitors. Best of all, it's an Aussie company."Taking a step further, TravelKon also implements its firm commitment to delivering impactful experiences to travellers by opting for eco-friendly choices for its products. The 3UK eSIM contributes to reducing plastic waste by eliminating plastic SIMs or packaging, aligning with sustainability concerns and helping reduce the carbon footprint that most travellers, especially Australian travellers, highly value.Meeting Travel Demands, Prioritising ExcellenceTravelKon seeks to provide an accessible solution for travellers, especially those residing in Australia. This ambition was born from the company's vision of delivering smooth connectivity, equal access to exploration, empowering travellers to discover new places, and providing freedom to share their experiences anytime, anywhere, and with anyone.TravelKon also commits to providing high-quality products and an unparalleled user experience through its core missions: being a leader in innovation, providing top-notch customer service, and upholding transparency in all business processes.The company also credits its achievements in providing cost-efficient yet accessible services to its team of highly experienced tech developers and customer support. Working in unity, they serve as the driving force behind delivering the exceptional 3UK eSIM to travellers globally.For more information, visit TravelKon's official product page at travelkon.com.au.About TravelKonFounded in 2019, TravelKon is an Australian company solving connectivity challenges for global travellers. By partnering with leading telecom operators worldwide, TravelKon delivers affordable eSIM data plans across over 180 destinations, including Japan, North America, and Europe.Media Contact:Brenda - PR & Communications Managermedia@travelkon.com.au | +61 412 718 829SOURCE: TravelKon Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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From Global Collaboration to Energy Innovation: Neutrino Energy Group Publishes the Master Formula of Neutrinovoltaics ACN Newswire

From Global Collaboration to Energy Innovation: Neutrino Energy Group Publishes the Master Formula of Neutrinovoltaics

September 8, 2025
Washington, D.C., Sept 9, 2025 - (ACN Newswire via SeaPRwire.com) - The formula does not rely on neutrinos alone, but on the combined resonance of the entire invisible spectrum of cosmic and terrestrial radiation. Within multilayer graphene-silicon structures, these fluxes awaken micro-vibrations that cascade into electron flows. It is a process mathematically calculable, physically verifiable, and now proven industrially scalable.The equation unites five decisive parameters: radiation flux density, scattering cross-section, momentum transfer, phonon velocity, and conversion efficiency. Together, they provide a rigorous scientific framework that elevates neutrinovoltaics from theoretical vision to practical reality.Acknowledgment of Global Scientific CollaborationThe Neutrino® Energy Group expresses its profound gratitude to the countless scientists and institutions whose work, whether knowingly or unknowingly, has contributed to what we present today: the Master Formula of Neutrinovoltaic Technology.Every experiment, every theoretical model, every material innovation has been a stone laid in the path. Many of those who placed these stones could never have foreseen that their findings would converge into an entirely new form of energy. Yet through this vast web of knowledge, scattered across decades and continents, this moment has become possible.We extend our deepest thanks to leading institutions whose voices have shaped this global symphony: Max Planck Society, Fraunhofer Institutes, Helmholtz Association, CERN, ETH Zurich, École Polytechnique, Imperial College London, Cambridge and Oxford, JUNO in China, Tsinghua and Peking Universities, Kyoto and Osaka Universities, University of Tokyo, IIT network and Tata Institute of India, C-MET Pune, Fermilab, Brookhaven, MIT, Stanford, University of California, NREL, University of São Paulo, Rio de Janeiro, Moscow State University, JINR Dubna, ICTP Italy, African Institute for Mathematical Sciences, and many nanotechnology and materials science laboratories worldwide.To each of them-whether they pursued neutrino physics, material science, electronics, or mathematics-their work has knowingly or unknowingly become part of this collective achievement. To many, it may not have been clear at the time how decisive their findings would become for the birth of a new energy age. Today, we affirm that their contribution is invaluable, and we honor it with the deepest respect and gratitude.The Master FormulaFor the first time, a consolidated equation has been published that describes the conversion of invisible radiation spectra into usable electrical energy: P = ∫ Φ(E,θ) · σ(E) · Δp · v_ph · η_conv dE dθThis equation unites the flux density of invisible radiation spectra, the scattering cross-section, the momentum transfer, the phonon velocity in the lattice, and the conversion efficiency of graphene-silicon structures. It provides a rigorous framework, mathematically calculable, physically verifiable, and industrially scalable.Holger Thorsten Schubart, CEO of Neutrino® Energy Group, stated: "This Formula and the technology it represents are not the work of one company, but the culmination of global human effort. It is both a gift to humanity and a responsibility to ensure that the benefits of clean, decentralized, and baseload-capable energy reach people everywhere."Closing AppealThe global demand for energy will rise to unprecedented levels in the decades to come. Humanity cannot afford to ignore any pathway that leads to affordable, clean, and dependable energy. Neutrinovoltaics is the product of interdisciplinary collaboration-physics, mathematics, material science, and engineering woven together into a universal form of energy no one could have imagined only a few years ago.What began as isolated insights has converged into a vision of energy that transcends borders, disciplines, and generations. It is a reminder that the future will be shaped not by the limits of today, but by the courage to move beyond them."We make energy affordable and sustainable. We are realistic, but demand the impossible. We believe that with enough ingenuity the impossible becomes the inevitable."About Neutrino® Energy GroupThe Neutrino® Energy Group is an internationally operating science and technology enterprise. Based on discoveries in particle physics, the Group develops neutrinovoltaic technology, the conversion of invisible radiation spectra into electrical energy. Its work spans theoretical physics, advanced material research with graphene and silicon, and the development of electronics for energy conversion and storage.The vision: clean, decentralized, and baseload-capable energy for all people, in every place, for generations to come.Contact InformationHolger Thorsten SchubartCEO and member of the Scientific Advisory Boardoffice@neutrino-energy.com+493020924013SOURCE: Neutrino Energy Group Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Revenue up 23x! Sigenergy Achieves Profitability in Three Years ACN Newswire

Revenue up 23x! Sigenergy Achieves Profitability in Three Years

September 8, 2025
HONG KONG, Sep 8, 2025 - (ACN Newswire via SeaPRwire.com) – Sigenergy updated its prospectus on the Hong Kong Stock Exchange. According to the updated prospectus, Sigenergy has turned profitable in 2024. Annual sales revenue of 2024 surpassed RMB 1.3 billion (approximately USD 182.3 million), marking a 22.8-fold increase from 2023, while adjusted net profit exceeded RMB 150 million (approximately USD 21.0 million). In the first four months of 2025, the company generated RMB 1.21 billion (approximately USD 169.7 million) in revenue, with adjusted net profit achieved more than RMB 400 million (approximately USD 56.1 million).Outstanding Performance, Profitability Achieved in Three YearsThe latest financial results disclosed in the prospectus once again highlight the company’s strong execution. In 2024, it recorded annual revenue of RMB 1.33 billion (approximately USD 186.5 million) and an adjusted net profit of RMB 150 million (approximately USD 21.0 million). From January to April 2025, revenue reached RMB 1.21 billion (approximately USD 169.6 million), while adjusted net profit had already surpassed RMB 400 million (approximately USD 56.1 million). This sustained high growth demonstrates the resilience of the company’s business model and its long-term growth potential.The driving force behind this performance is the company’s flagship product, SigenStor. The data shows that sales of the product surged from 18 MWh in 2023 to 447 MWh in 2024, representing an almost 25-fold increase. Strong market demand directly translated into revenue growth, with revenue in the first four months of 2025 hitting RMB 1.206 billion (approximately USD 169.1 million) - more than 5.6 times the RMB 182 million (approximately USD 25.5 million) recorded in the same period of 2024. SigenStor has secured leading residential market share in countries such as Australia, Ireland, Sweden, the Netherlands, and Belgium, setting a record for the fastest path from zero to No. 1 market share in developed economies for a new brand.This explosive growth not only reflects strong market recognition of SigenStor products and services, but also highlights the company’s strategic positioning in the global new energy industry, which continues to deliver commercial value.Premium Market Positioning, Value-Driven Global GrowthSince its inception, Sigenergy has adopted a premium positioning strategy. Although the energy storage industry is expanding rapidly, many companies in this fiercely competitive market seek to gain share by cutting hardware costs and lowering prices. While such products may boost short-term shipments, they often come at the expense of safety, reliability, and long-term returns.SigenStor is an energy storage product for the premium market. It is the world's first AI-powered flagship “5-in-1” energy storage system (ESS) solution, integrating high functionality with a five-layer battery safety protection system, and pioneering the introduction of AI energy management and dynamic tariff scheduling. Compared to low-price competitors, SigenStor holds a clear advantage in performance, safety, user experience, and the entire product lifecycle.This strategic choice also aligns perfectly with the market structure. According to the prospectus, Europe, APAC (excluding mainland China), and Africa are Sigenergy’s main sources of revenue, with their revenue shares in 2024 being 60%, 19.7%, and 12.9% respectively. As of April 30, 2025, the top three markets accounted for 61.3%, 23.3%, and 11.5%.The European market is a mature and premium energy market. The company has precisely targeted medium-to-high-end users from residential homes and industrial and commercial facilities, providing reliable, safe, and efficient energy management solutions with its technologically advanced SigenStor, winning over a large number of long-term clients and quality projects. In Australia, Sigenergy has achieved rapid growth. According to SunWiz data, in March 2025, Sigenergy first topped the Australian residential energy storage market and has held the leading position for five consecutive months, with its market share rising to 31.4% in May, more than double that of the second-place brand. With the ongoing promotion of the “Cheaper Home Batteries Program” subsidy policy in Australia, Sigenergy is expected to further boost sales. In South Africa, product growth has also been rapid, driven by strong demand for on- and off-grid switching. Customers in these regions not only have strong purchasing power but also place higher demands on the safety, intelligence, and the entire product lifecycle - areas where Sigenergy’s offerings align precisely with their core concerns.This targeted strategy has enabled SigenStor to achieve excellent sales performance and stable profits in each major market, while also avoiding the price competition pressure of the low-end market. By precisely targeting high-value customer groups and combining technologically advanced product performance with intelligent services, Sigenergy has not only strengthened its premium brand image but also established a foundation for sustainable profitability in the global market.AI-Powered, Software-Hardware Synergy Leading the Energy RevolutionSigenergy has always regarded product innovation as its core driving force. SigenStor redefines industry benchmarks with multiple “industry-first” innovations. On the hardware front, SigenStor, seamlessly integrates a solar inverter, EV DC charger, Power Conversion System(PCS), battery pack, and Energy Management System (EMS) with a modular, stackable product design, making it the most integrated energy storage product in the industry. Combined with the company’s self-developed energy backup cabinet and optimization algorithms, SigenStor execute rapid on- and off-grid switching. Meanwhile, the company pioneered the bi-directional EV DC charging module for V2X applications, enabling electric vehicles to supply power back to home appliances and the grid, further enhancing energy flexibility.On the software front, Sigenergy empowers the intelligent transformation of the solar and storage industry through AI technology, building a moat that is difficult for peers to replicate. The company’s self-developed mySigen App is one of the most intelligent energy management platforms in the industry, being the first to integrate the GPT-4o model, achieving the commercial application of AI in the energy sector. The system collects and analyzes massive energy data in real time, automatically identifies potential issues and optimizes operating parameters, not only predicting equipment failures but also dynamically adjusting supply and demand to achieve intelligent dispatch. Through AI-driven dynamic electricity price optimization, SigenStor intelligently adjusts charging and discharging strategies based on electricity price fluctuations, charging in power valley periods and discharging in power peak periods, significantly reducing electricity costs. Meanwhile, Sigen Cloud has completed integration with leading VPP systems in Sweden, the Netherlands, Australia, and other countries, automatically obtaining real-time electricity price data from over 60 utility companies across more than 20 countries, further enhancing intelligent dispatch capabilities.From the world’s first 5-in-1 ESS solution, to C&I ESS solution, and to the newly launched residential hybrid inverters and microinverters, Sigenergy continues to expand its distributed energy solution matrix, forming a complete product line covering diverse application scenarios. Since their launch, the new products have received an enthusiastic market response, not only further enhancing the company’s competitiveness in the distributed energy solutions sector but also providing channel partners and end-users with more choices. Simultaneously, Sigenergy has fully empowered all types of hardware products with its self-developed AI capabilities, covering the entire chain of power generation, energy storage, consumption, and dispatch, achieving smarter energy management, higher efficiency, and safer operation. With the significant advantage of “hardware-software integration,” Sigenergy’s product portfolio continues to receive high recognition and widespread acclaim in the global market.While most peers are still exploring the feasibility of combining AI with energy, Sigenergy has already transformed technological innovation into tangible commercial outcomes, demonstrating its leading position in the intelligent solar and storage sector. This innovative model not only enhances energy utilization efficiency, but also elevates the user energy experience. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Emerging designers take the spotlight at YDC 2025

September 8, 2025
HONG KONG, Sep 8, 2025 - (ACN Newswire via SeaPRwire.com) – Organised by the Hong Kong Trade Development Council (HKTDC) and sponsored by the Hong Kong Special Administrative Region Government's Cultural and Creative Industries Development Agency (CCIDA)*, Asia’s annual fashion extravaganza CENTRESTAGE concluded successfully on Saturday, 6 September. The highlight of the closing evening was the grand finale of the Hong Kong Young Fashion Designers’ Contest 2025 (YDC), where 10 up-and-coming local fashion designers presented their highly original collections.Featuring a diverse range of styles, this year’s YDC finalists combined boundary-pushing creativity with refined traditional craftsmanship, perfectly echoing the contest’s theme, “How ‘Bout You'”. Contestants were encouraged to boldly express their personal visions and dreams through fashion, unleashing creativity while courageously pursuing their goals. The evening welcomed a legion of celebrities and artists including Marf@COLLAR, Tiger@MIRROR, Janet Ma, Kayla Wong, Irisa Wong, Lagchun, Bruce Tong, Ka Lai, Madboii, Zelos Wong, Brian Chan, Saito Chong and Ocean On, adding glamour and excitement to the competition as they watched the runway show and cheered on the 10 finalists.After careful deliberation, a panel of professional judges selected four major award winners from the finalists’ collections. Chung Ka-ching, Tiger emerged as Champion, receiving a cash prize of HK$60,000, an overseas study trip sponsored by Fang Brothers Knitting Ltd and a HK$3,000 CASETiFY gift voucher. In addition, Lau Hei-nga received the Excellence Award and Best Art Direction Award, securing a cash prize of HK$40,000, an overseas study trip sponsored by MINI HK and a HK$2,000 CASETiFY gift voucher for the former, and collecting a five-day course at VOGUE College of Fashion in London and an overseas study trip sponsored by VOGUE Hong Kong, with a total value of HK$30,000, plus a HK$1,000 CASETiFY gift voucher, for the latter. The “My Favourite Collection” Award, decided by public voting, went to Yip Wai-lam, Mook, who was awarded a HK$20,000 Lee Gardens Area e-Gift Certificate sponsored by Hysan Development and a HK$1,000 CASETiFY gift voucher.The full list of winners from YDC 2025 is as follows:Champion: Chung Ka-ching, Tiger; Design: “Bior”Excellence Award: Lau Hei-nga; Design: “In Pain”Best Art Direction Award: Lau Hei-nga; Design: “In Pain”My Favourite Collection Award: Yip Wai-lam, Mook; Design: “Modern Animals”Chung Ka-ching, Tiger, winner of the Champion title, presented a collection titled “Bior”, which is a pun on a classic fashion brand. She uses bootleg design techniques to cleverly fuse the rugged elements of grassroots street life with the refined silhouettes of high fashion. This subverts traditional fashion narratives and prompts viewers to reflect on class and aesthetics. Her “Bior” collection is not only a playful take on a luxury brand but also symbolises a challenge to the boundaries of mainstream fashion. Receiving the award, Ms Chung remarked: “I am truly overwhelmed by winning – a mix of surprise and excitement. I believe the YDC is absolutely an important platform for local fashion designers to step onto the international stage. It is the largest stage for emerging talent in Hong Kong and a crucial springboard for designers. Not only does it give the new generation greater exposure, but it also enables us to further develop and amplify our brands and creative visions.”Excellence Award and Best Art Direction winner Lau Hei-nga presented the collection “In Pain”, which reveals the blurred boundaries between agony and ecstasy. This sensory experience is deeply connected to her lifelong battle with eczema – the fleeting pleasure of scratching, followed by blood, wounds and scars, with the physical and emotional tug-of-war forming the core inspiration for her creations. Receiving the award, Ms Lau shared: “I am truly thrilled to receive this award, especially after investing so much time in preparing my collection. At the same time, I have gained immensely from the YDC. With its diverse and far-reaching audience, the contest has allowed many more people to discover my brand and my work.”The “My Favourite Collection” Award, decided by public voting, was won by Yip Wai-lam, Mook for the collection “Modern Animals”, which fuses human and animal characteristics to create a monstrous aesthetic that depicts the workplace as an urban jungle. Upon being presented with the award, Mr Yip said: “My biggest takeaway from participating in the YDC this year has been learning to embrace both success and failure with peace of mind. At the same time, the competition is more than just a platform for recognition – it is a significant stage where fashion designers at different stages in their careers can discover themselves and grow to their full potential. For every new-generation designer, the YDC is a platform that encourages us to shine.”International judge delighted to see Hong Kong nurturing the next generation of designersThis year’s YDC featured a distinguished judging panel comprising seasoned professionals from the fashion industry and media. The panel was chaired by Katherine Fang, Chairlady of the HKTDC Garment Advisory Committee, who served as Chief Judge. The VIP Judge role was taken up by Charles Jeffrey, founder and designer of acclaimed UK fashion label Charles Jeffrey LOVERBOY. Overseas Judge Acielle Tanbetova, founder of international street-style platform STYLE DU MONDE, also joined the panel. Other esteemed judges included Ingrid Chen Mandonnaud, Vice President of Global Brand Marketing and Communications at the Rosewood Hotel Group; Jonathan Lee, Co-founder of brand consultancy The Molecule; Cherry Mui, Style and Fashion Content Director of VOGUE Hong Kong; and Tracey Cheng, Vice President of Merchandise Planning and Business Development at I.T.VIP Judge Mr Jeffrey expressed his appreciation for the young contestants and their inspirations. “I think the YDC is fantastic. It’s amazing how Hong Kong nurtures its young design talents, giving them a major platform to showcase their work to international audiences and industry figures like myself. Personally, I found it inspiring to see how openly they shared their research and inspirations. It was truly inspiring,” he said.Mentoring the YDC contestants this year were Victoria Tang-Owen, Founder & Creative Director of Thirty30 Creative and Victoria Tang Studio, and Artistic & Cultural Director of Shanghai Tang, together with Kit Wan, Founder & Designer of Kit Wan Studio. Drawing on their extensive industry experience, the pair provided valuable guidance to the 10 finalists throughout the competition.Marf@COLLAR ignites the stage with alumni YDC designersFor the ninth consecutive year, MINI Hong Kong has been proud to serve as a major sponsor of the YDC. This year, the brand collaborated with two alumni YDC designers, Jesse Lee (JESSE LEE) and Viki Tsang (GNASTIY.COM), together with singer Marf@COLLAR, to stage a spectacular fashion performance alongside the debut of the all-new 2025 MINI Convertible. The collaboration embodied MINI’s next-generation design aesthetics and its vision for sustainable and environmentally friendly innovation.Photo download: http://bit.ly/3V7Ht6ZJonathan Lee (first left), Co-founder of brand consultancy The Molecule; Acielle Tanbetova (second left), founder of international street-style platform STYLE DU MONDE; Ingrid Chen Mandonnaud (third left), Vice President of Global Brand Marketing and Communications at the Rosewood Hotel Group; Raymond Tan (fourth left), Managing Director of BMW Hong Kong Services Ltd; Sophia Chong (fifth left), HKTDC Deputy Executive Director; Charles Jeffrey (seventh left), founder and designer of acclaimed UK fashion label Charles Jeffrey LOVERBOY; Katherine Fang (eighth left), Chairlady of the HKTDC Garment Advisory Committee; Cherry Mui (second right), Style and Fashion Content Director of VOGUE Hong Kong; and Tracey Cheng (first right), Vice President of Merchandise Planning and Business Development at I.T. were pictured with the three YDC 2025 winners.ChampionDesigner: Chung Ka-ching, TigerDesign: “Bior”The design: “Grassroots labourers are often excluded from the mainstream fashion narrative. By translating their traces into couture’s coded language, it compels audiences to reexamine the relationship between fashion and class hierarchies.”“Bior” uses humour to merge haute couture tailoring with the coarse details of grassroots life –for example, reimagining fan covers as ornate hats, mimicking the texture of plastic bags, or incorporating the clashing colours of neon lights. The designs capture the dynamics and emotional tensions of labourers, while deconstructed tailoring and exaggerated proportions express both the desolation and vitality of street life. Through this satirical yet profound fashion language, Chung reveals how grassroots labourers are excluded from the fashion narrative and seeks to reconstruct traces of their existence through the visual vocabulary of high fashion.Prizes: Cash prize of HK$60,000, an overseas study trip sponsored by Fang Brothers Knitting Ltd and a HK$3,000 CASETiFY gift voucher.Excellence Award and Best Art Direction AwardDesigner: Lau Hei-ngaDesign: “In Pain”The design: “When we experience pain, our brains respond by releasing these happy chemicals, which can evoke feelings of euphoria.”“In Pain” expresses the complexity of pain through textures and colours, using synthetic skin and layered tailoring to mimic wounds and scars. At the same time, sensual and feminine silhouettes – with smooth curves and tight cuts – suggest the allure of pleasure. The designs incorporate aesthetic elements: knots evoking a sense of restraint, sharp metallic embellishments contrasting with soft leather, weaving a visual language that is both conflicting and harmonious. By incorporating her personal experience with eczema into her designs, Lau turns clothing into a vessel for pain and pleasure, challenging perceptions of sensation and beauty.Prizes (Excellence Award): Cash prize of HK$40,000, an overseas study trip sponsored by MINI HK and a HK$2,000 CASETiFY gift voucher.Prizes (Best Art Direction Award): A five-day course at VOGUE College of Fashion in London and an overseas study trip sponsored by VOGUE Hong Kong, with a total value of HK$30,000, and a HK$1,000 CASETiFY gift voucher.My Favourite Collection AwardDesigner: Yip Wai-lam, MookDesign: “Modern Animals”The design: “The workplace feels like a stage in the food chain, where instincts of competition and survival come alive.”The collection of “Modern Animals” features shirts, trousers and suits as its foundation, incorporating various office symbols to create dynamic silhouettes of the workers. Drawing inspiration from the collision between animals’ primal power and the coldness of urban life, the designs feature grotesque cuts and contrasting materials to showcase the diverse faces of workers from the bottom to the top, and their physical and mental exhaustion as they toil like animals in this concrete jungle. Prizes: HK$20,000 Lee Gardens Area e-Gift Certificate sponsored by Hysan Development and a HK$1,000 CASETiFY gift voucher.Marf@COLLAR(wearing GNASTIY.COM)Tiger@MIRROR(wearing MARCCH)Pictured from right to left: Janet Ma, Kayla Wong and Irisa WongLagchun(wearing MOODLABBYLORRAINE)Bruce Tong(wearing NONOBO)Ka Lai(wearing Genau Studio)Madboii(wearing Murfi Lau)Zelos Wong(wearing MOODLABBYLORRAINE)Brian Chan(wearing NEVIDEBLA)Saito Chong(wearing MOODLABBYLORRAINE)Ocean On(wearing MOODLABBYLORRAINE)Shin Wong (left) and Irving Cheung (right) Declan ChanYu Masui MINI x Jesse Lee(JESSE LEE)/Viki Tsang (GNASTIY.COM) collaboration seriesFor the ninth consecutive year, MINI HK was the major sponsor of the YDC. This year, the brand collaborated with two alumni YDC designers, Jesse Lee (JESSE LEE) and Viki Tsang (GNASTIY.COM), to present a fashion collection inspired by its latest 2025 MINI Convertible, showcasing MINI’s next-generation design aesthetics and commitment to sustainable innovation. MINI x Jesse Lee (JESSE LEE)A surreal fusion of Edwardian elegance and rebellious futurism, “Nine Lives Odyssey” reimagines the whimsical, psychedelic cat illustrations of Louis Wain through a lens of sustainable innovation and gender-fluid design. Drawing from Wain’s anthropomorphic feline art and the refined sportswear of the Edwardian era, the collection blends structured tailoring with playful deconstruction.MINI x Viki Tsang (GNASTIY.COM)The Spring/Summer 2026 collection of GNASTIY.COM reflects on authenticity within digital illusion. Inspired by social media filters, the brand translates digital visual codes into real-world garment constructions. Print techniques disrupt surface expectations, blurring the tactile identity of the fabrics. 3D printing, a GNASTIY.COM signature, appears in sculptural detail work, merging seamlessly with a hybrid of materials to articulate a distinctly futuristic and digitally charged fashion vocabulary.FASHIONALLY COLLECTIONSAs a platform dedicated to nurturing local fashion talents, FASHIONALLY.COM staged four shows during CENTRESTAGE including FASHIONALLY COLLECTION #25, FASHIONALLY Presentation: LAPEEWEE, FASHIONALLY Presentation: MOODLABBYLORRAINE, and FASHIONALLY Presentation: KOWLOON CITY BOY. The three “Presentation” shows featured immersive stage installations that allowed audiences to step inside the creative worlds of the brands. In addition, previous contestants from the Hong Kong Young Fashion Designers’ Contest (YDC) took part in exhibitions and other runway shows during the fair, including Derek Chan (DEMO) and Max Tsang (IP AXIS INDUSTRIAL STUDIO). FASHIONALLY COLLECTION #25 phenotypsetter / Theme: “Curated Fluidity”MARCCH / Theme: “Transition”Oplus2 / Theme: “Shape Me Up”OUS / Theme: “Exoskeleton”FASHIONALLY Presentation: LAPEEWEETheme: Baroque Dream LAPEEWEE’s Spring/Summer 2026 collection, “Baroque Dream”, draws inspiration from the opulence of Baroque aesthetics, reinterpreted through the lens of modern casualwear. This womenswear collection features a harmonious blend of plaid, denim and lace, creating a balance between elegance and comfort.Dynamic details such as knots and drawstrings inject movement and energy into the designs. The use of corset-inspired silhouettes accentuates the female form, while Dutch-style oversized collars trimmed with lace add a touch of romantic refinement.“Baroque Dream” not only preserves the luxurious essence of the Baroque era but also celebrates the confidence and individuality of modern women, offering a wardrobe that is both stylish and expressive.FASHIONALLY Presentation: MOODLABBYLORRAINETheme: LIBRA ANIMA VESTRAMOODLABBYLORRAINE’s Spring/Summer 2026 collection, “LIBRA ANIMA VESTRA”, translates from Latin as “Free Your Soul”. This collection tells the story of a liberating summer road trip along Route 66 in America, where the highlight is hopping between music festivals –a celebration of self-expression through rhythm and movement.Deeply inspired by bohemian and cowboy culture, the collection merges free-spirited artistry with rugged Western elements, creating a vibrant and expressive aesthetic. Through its designs, the collection encourages wearers to reconnect with themselves – through speed, music, and cultural exploration – and to embrace fashion as a medium of personal liberation.FASHIONALLY Presentation: KOWLOON CITY BOYTheme: CLUB HEART BROKENKOWLOON CITY BOY’s Spring/Summer 2026 collection, “CLUB HEART BROKEN”, set in a retro locker room after the party ends, “explores the aftermath of love and longing”. The collection introduces a cast of characters: wild beasts in fur and leather, fragile “baby bears” in checks, and hopeless romantics with embroidered love letters and shattered hearts. Opposing them are sports boys in deconstructed jerseys and distressed gear – love as a contact sport.Through bold contrasts – fur with plaid, leather with embroidery, sportswear with shredded fabrics – KOWLOON CITY BOY turns heartbreak into a uniform and loneliness into a badge of survival.Websites- CENTRESTAGE: www.centrestage.com.hk- Hong Kong Young Fashion Designers’ Contest (YDC): www.fashionally.com/en/YDC- Background information, collection details and photos of the 10 YDC finalists are available for download at this link: YDC 2025Media enquiriesBest Crew Public Relations & MarketingDiana Tang Tel: (852) 3594 6443 Email: diana.tang@bestcrewpr.comReni Kwok Tel: (852) 3594 6443 Email: reni.kwok@bestcrewpr.comHKTDC’s Communications & Public Affairs Department:Sharon Ha Tel: (852) 2584 4575 Email: sharon.mt.ha@hktdc.orgKaty Wong Tel: (852) 2584 4524 Email: katy.ky.wong@hktdc.orgHKTDC Media Room: https://mediaroom.hktdc.com/enAbout YDCThe YDC aims to promote a new generation of local design talent, while creating opportunities to showcase their collections in front of global and local industry professionals at CENTRESTAGE. Organised by the HKTDC, the contest is considered one of the most prestigious events of its kind in the region, with a successful track record of past contestants becoming leading designers for fashion enterprises or establishing their own labels. To further promote the international visibility of local Hong Kong designers, in 2012 the HKTDC launched FASHIONALLY.com, an online platform that showcases the work of local labels and talents and links them with glob8al industry insiders and opportunities.About the HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 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. About Cultural and Creative Industries Development Agency (CCIDA)The Cultural and Creative Industries Development Agency (CCIDA) established in June 2024, formerly known as Create Hong Kong (CreateHK), is a dedicated office set up by the Government of the Hong Kong Special Administrative Region (HKSAR Government) under the Culture, Sports and Tourism Bureau to provide one-stop services and support to the cultural and creative industries with a mission to foster a conducive environment in Hong Kong to facilitate the development of arts, culture and creative sectors as industries. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and cross-genre collaboration, promoting the development of arts, culture and creative sectors as industries under the industry-oriented principle, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community to implement Hong Kong’s positioning as the East-meets-West centre for international cultural exchange under the National 14th Five-Year Plan. CCIDA’s website: www.ccidahk.gov.hk. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Emerging designers take the spotlight at YDC 2025 ACN Newswire

Emerging designers take the spotlight at YDC 2025

September 8, 2025
HONG KONG, Sep 8, 2025 - (ACN Newswire via SeaPRwire.com) – Organised by the Hong Kong Trade Development Council (HKTDC) and sponsored by the Hong Kong Special Administrative Region Government's Cultural and Creative Industries Development Agency (CCIDA)*, Asia’s annual fashion extravaganza CENTRESTAGE concluded successfully on Saturday, 6 September. The highlight of the closing evening was the grand finale of the Hong Kong Young Fashion Designers’ Contest 2025 (YDC), where 10 up-and-coming local fashion designers presented their highly original collections.Featuring a diverse range of styles, this year’s YDC finalists combined boundary-pushing creativity with refined traditional craftsmanship, perfectly echoing the contest’s theme, “How ‘Bout You'”. Contestants were encouraged to boldly express their personal visions and dreams through fashion, unleashing creativity while courageously pursuing their goals. The evening welcomed a legion of celebrities and artists including Marf@COLLAR, Tiger@MIRROR, Janet Ma, Kayla Wong, Irisa Wong, Lagchun, Bruce Tong, Ka Lai, Madboii, Zelos Wong, Brian Chan, Saito Chong and Ocean On, adding glamour and excitement to the competition as they watched the runway show and cheered on the 10 finalists.After careful deliberation, a panel of professional judges selected four major award winners from the finalists’ collections. Chung Ka-ching, Tiger emerged as Champion, receiving a cash prize of HK$60,000, an overseas study trip sponsored by Fang Brothers Knitting Ltd and a HK$3,000 CASETiFY gift voucher. In addition, Lau Hei-nga received the Excellence Award and Best Art Direction Award, securing a cash prize of HK$40,000, an overseas study trip sponsored by MINI HK and a HK$2,000 CASETiFY gift voucher for the former, and collecting a five-day course at VOGUE College of Fashion in London and an overseas study trip sponsored by VOGUE Hong Kong, with a total value of HK$30,000, plus a HK$1,000 CASETiFY gift voucher, for the latter. The “My Favourite Collection” Award, decided by public voting, went to Yip Wai-lam, Mook, who was awarded a HK$20,000 Lee Gardens Area e-Gift Certificate sponsored by Hysan Development and a HK$1,000 CASETiFY gift voucher.The full list of winners from YDC 2025 is as follows:Champion: Chung Ka-ching, Tiger; Design: “Bior”Excellence Award: Lau Hei-nga; Design: “In Pain”Best Art Direction Award: Lau Hei-nga; Design: “In Pain”My Favourite Collection Award: Yip Wai-lam, Mook; Design: “Modern Animals”Chung Ka-ching, Tiger, winner of the Champion title, presented a collection titled “Bior”, which is a pun on a classic fashion brand. She uses bootleg design techniques to cleverly fuse the rugged elements of grassroots street life with the refined silhouettes of high fashion. This subverts traditional fashion narratives and prompts viewers to reflect on class and aesthetics. Her “Bior” collection is not only a playful take on a luxury brand but also symbolises a challenge to the boundaries of mainstream fashion. Receiving the award, Ms Chung remarked: “I am truly overwhelmed by winning – a mix of surprise and excitement. I believe the YDC is absolutely an important platform for local fashion designers to step onto the international stage. It is the largest stage for emerging talent in Hong Kong and a crucial springboard for designers. Not only does it give the new generation greater exposure, but it also enables us to further develop and amplify our brands and creative visions.”Excellence Award and Best Art Direction winner Lau Hei-nga presented the collection “In Pain”, which reveals the blurred boundaries between agony and ecstasy. This sensory experience is deeply connected to her lifelong battle with eczema – the fleeting pleasure of scratching, followed by blood, wounds and scars, with the physical and emotional tug-of-war forming the core inspiration for her creations. Receiving the award, Ms Lau shared: “I am truly thrilled to receive this award, especially after investing so much time in preparing my collection. At the same time, I have gained immensely from the YDC. With its diverse and far-reaching audience, the contest has allowed many more people to discover my brand and my work.”The “My Favourite Collection” Award, decided by public voting, was won by Yip Wai-lam, Mook for the collection “Modern Animals”, which fuses human and animal characteristics to create a monstrous aesthetic that depicts the workplace as an urban jungle. Upon being presented with the award, Mr Yip said: “My biggest takeaway from participating in the YDC this year has been learning to embrace both success and failure with peace of mind. At the same time, the competition is more than just a platform for recognition – it is a significant stage where fashion designers at different stages in their careers can discover themselves and grow to their full potential. For every new-generation designer, the YDC is a platform that encourages us to shine.”International judge delighted to see Hong Kong nurturing the next generation of designersThis year’s YDC featured a distinguished judging panel comprising seasoned professionals from the fashion industry and media. The panel was chaired by Katherine Fang, Chairlady of the HKTDC Garment Advisory Committee, who served as Chief Judge. The VIP Judge role was taken up by Charles Jeffrey, founder and designer of acclaimed UK fashion label Charles Jeffrey LOVERBOY. Overseas Judge Acielle Tanbetova, founder of international street-style platform STYLE DU MONDE, also joined the panel. Other esteemed judges included Ingrid Chen Mandonnaud, Vice President of Global Brand Marketing and Communications at the Rosewood Hotel Group; Jonathan Lee, Co-founder of brand consultancy The Molecule; Cherry Mui, Style and Fashion Content Director of VOGUE Hong Kong; and Tracey Cheng, Vice President of Merchandise Planning and Business Development at I.T.VIP Judge Mr Jeffrey expressed his appreciation for the young contestants and their inspirations. “I think the YDC is fantastic. It’s amazing how Hong Kong nurtures its young design talents, giving them a major platform to showcase their work to international audiences and industry figures like myself. Personally, I found it inspiring to see how openly they shared their research and inspirations. It was truly inspiring,” he said.Mentoring the YDC contestants this year were Victoria Tang-Owen, Founder & Creative Director of Thirty30 Creative and Victoria Tang Studio, and Artistic & Cultural Director of Shanghai Tang, together with Kit Wan, Founder & Designer of Kit Wan Studio. Drawing on their extensive industry experience, the pair provided valuable guidance to the 10 finalists throughout the competition.Marf@COLLAR ignites the stage with alumni YDC designersFor the ninth consecutive year, MINI Hong Kong has been proud to serve as a major sponsor of the YDC. This year, the brand collaborated with two alumni YDC designers, Jesse Lee (JESSE LEE) and Viki Tsang (GNASTIY.COM), together with singer Marf@COLLAR, to stage a spectacular fashion performance alongside the debut of the all-new 2025 MINI Convertible. The collaboration embodied MINI’s next-generation design aesthetics and its vision for sustainable and environmentally friendly innovation.Photo download: http://bit.ly/3V7Ht6ZJonathan Lee (first left), Co-founder of brand consultancy The Molecule; Acielle Tanbetova (second left), founder of international street-style platform STYLE DU MONDE; Ingrid Chen Mandonnaud (third left), Vice President of Global Brand Marketing and Communications at the Rosewood Hotel Group; Raymond Tan (fourth left), Managing Director of BMW Hong Kong Services Ltd; Sophia Chong (fifth left), HKTDC Deputy Executive Director; Charles Jeffrey (seventh left), founder and designer of acclaimed UK fashion label Charles Jeffrey LOVERBOY; Katherine Fang (eighth left), Chairlady of the HKTDC Garment Advisory Committee; Cherry Mui (second right), Style and Fashion Content Director of VOGUE Hong Kong; and Tracey Cheng (first right), Vice President of Merchandise Planning and Business Development at I.T. were pictured with the three YDC 2025 winners.ChampionDesigner: Chung Ka-ching, TigerDesign: “Bior”The design: “Grassroots labourers are often excluded from the mainstream fashion narrative. By translating their traces into couture’s coded language, it compels audiences to reexamine the relationship between fashion and class hierarchies.”“Bior” uses humour to merge haute couture tailoring with the coarse details of grassroots life –for example, reimagining fan covers as ornate hats, mimicking the texture of plastic bags, or incorporating the clashing colours of neon lights. The designs capture the dynamics and emotional tensions of labourers, while deconstructed tailoring and exaggerated proportions express both the desolation and vitality of street life. Through this satirical yet profound fashion language, Chung reveals how grassroots labourers are excluded from the fashion narrative and seeks to reconstruct traces of their existence through the visual vocabulary of high fashion.Prizes: Cash prize of HK$60,000, an overseas study trip sponsored by Fang Brothers Knitting Ltd and a HK$3,000 CASETiFY gift voucher.Excellence Award and Best Art Direction AwardDesigner: Lau Hei-ngaDesign: “In Pain”The design: “When we experience pain, our brains respond by releasing these happy chemicals, which can evoke feelings of euphoria.”“In Pain” expresses the complexity of pain through textures and colours, using synthetic skin and layered tailoring to mimic wounds and scars. At the same time, sensual and feminine silhouettes – with smooth curves and tight cuts – suggest the allure of pleasure. The designs incorporate aesthetic elements: knots evoking a sense of restraint, sharp metallic embellishments contrasting with soft leather, weaving a visual language that is both conflicting and harmonious. By incorporating her personal experience with eczema into her designs, Lau turns clothing into a vessel for pain and pleasure, challenging perceptions of sensation and beauty.Prizes (Excellence Award): Cash prize of HK$40,000, an overseas study trip sponsored by MINI HK and a HK$2,000 CASETiFY gift voucher.Prizes (Best Art Direction Award): A five-day course at VOGUE College of Fashion in London and an overseas study trip sponsored by VOGUE Hong Kong, with a total value of HK$30,000, and a HK$1,000 CASETiFY gift voucher.My Favourite Collection AwardDesigner: Yip Wai-lam, MookDesign: “Modern Animals”The design: “The workplace feels like a stage in the food chain, where instincts of competition and survival come alive.”The collection of “Modern Animals” features shirts, trousers and suits as its foundation, incorporating various office symbols to create dynamic silhouettes of the workers. Drawing inspiration from the collision between animals’ primal power and the coldness of urban life, the designs feature grotesque cuts and contrasting materials to showcase the diverse faces of workers from the bottom to the top, and their physical and mental exhaustion as they toil like animals in this concrete jungle. Prizes: HK$20,000 Lee Gardens Area e-Gift Certificate sponsored by Hysan Development and a HK$1,000 CASETiFY gift voucher.Marf@COLLAR(wearing GNASTIY.COM)Tiger@MIRROR(wearing MARCCH)Pictured from right to left: Janet Ma, Kayla Wong and Irisa WongLagchun(wearing MOODLABBYLORRAINE)Bruce Tong(wearing NONOBO)Ka Lai(wearing Genau Studio)Madboii(wearing Murfi Lau)Zelos Wong(wearing MOODLABBYLORRAINE)Brian Chan(wearing NEVIDEBLA)Saito Chong(wearing MOODLABBYLORRAINE)Ocean On(wearing MOODLABBYLORRAINE)Shin Wong (left) and Irving Cheung (right) Declan ChanYu Masui MINI x Jesse Lee(JESSE LEE)/Viki Tsang (GNASTIY.COM) collaboration seriesFor the ninth consecutive year, MINI HK was the major sponsor of the YDC. This year, the brand collaborated with two alumni YDC designers, Jesse Lee (JESSE LEE) and Viki Tsang (GNASTIY.COM), to present a fashion collection inspired by its latest 2025 MINI Convertible, showcasing MINI’s next-generation design aesthetics and commitment to sustainable innovation. MINI x Jesse Lee (JESSE LEE)A surreal fusion of Edwardian elegance and rebellious futurism, “Nine Lives Odyssey” reimagines the whimsical, psychedelic cat illustrations of Louis Wain through a lens of sustainable innovation and gender-fluid design. Drawing from Wain’s anthropomorphic feline art and the refined sportswear of the Edwardian era, the collection blends structured tailoring with playful deconstruction.MINI x Viki Tsang (GNASTIY.COM)The Spring/Summer 2026 collection of GNASTIY.COM reflects on authenticity within digital illusion. Inspired by social media filters, the brand translates digital visual codes into real-world garment constructions. Print techniques disrupt surface expectations, blurring the tactile identity of the fabrics. 3D printing, a GNASTIY.COM signature, appears in sculptural detail work, merging seamlessly with a hybrid of materials to articulate a distinctly futuristic and digitally charged fashion vocabulary.FASHIONALLY COLLECTIONSAs a platform dedicated to nurturing local fashion talents, FASHIONALLY.COM staged four shows during CENTRESTAGE including FASHIONALLY COLLECTION #25, FASHIONALLY Presentation: LAPEEWEE, FASHIONALLY Presentation: MOODLABBYLORRAINE, and FASHIONALLY Presentation: KOWLOON CITY BOY. The three “Presentation” shows featured immersive stage installations that allowed audiences to step inside the creative worlds of the brands. In addition, previous contestants from the Hong Kong Young Fashion Designers’ Contest (YDC) took part in exhibitions and other runway shows during the fair, including Derek Chan (DEMO) and Max Tsang (IP AXIS INDUSTRIAL STUDIO). FASHIONALLY COLLECTION #25 phenotypsetter / Theme: “Curated Fluidity”MARCCH / Theme: “Transition”Oplus2 / Theme: “Shape Me Up”OUS / Theme: “Exoskeleton”FASHIONALLY Presentation: LAPEEWEETheme: Baroque Dream LAPEEWEE’s Spring/Summer 2026 collection, “Baroque Dream”, draws inspiration from the opulence of Baroque aesthetics, reinterpreted through the lens of modern casualwear. This womenswear collection features a harmonious blend of plaid, denim and lace, creating a balance between elegance and comfort.Dynamic details such as knots and drawstrings inject movement and energy into the designs. The use of corset-inspired silhouettes accentuates the female form, while Dutch-style oversized collars trimmed with lace add a touch of romantic refinement.“Baroque Dream” not only preserves the luxurious essence of the Baroque era but also celebrates the confidence and individuality of modern women, offering a wardrobe that is both stylish and expressive.FASHIONALLY Presentation: MOODLABBYLORRAINETheme: LIBRA ANIMA VESTRAMOODLABBYLORRAINE’s Spring/Summer 2026 collection, “LIBRA ANIMA VESTRA”, translates from Latin as “Free Your Soul”. This collection tells the story of a liberating summer road trip along Route 66 in America, where the highlight is hopping between music festivals –a celebration of self-expression through rhythm and movement.Deeply inspired by bohemian and cowboy culture, the collection merges free-spirited artistry with rugged Western elements, creating a vibrant and expressive aesthetic. Through its designs, the collection encourages wearers to reconnect with themselves – through speed, music, and cultural exploration – and to embrace fashion as a medium of personal liberation.FASHIONALLY Presentation: KOWLOON CITY BOYTheme: CLUB HEART BROKENKOWLOON CITY BOY’s Spring/Summer 2026 collection, “CLUB HEART BROKEN”, set in a retro locker room after the party ends, “explores the aftermath of love and longing”. The collection introduces a cast of characters: wild beasts in fur and leather, fragile “baby bears” in checks, and hopeless romantics with embroidered love letters and shattered hearts. Opposing them are sports boys in deconstructed jerseys and distressed gear – love as a contact sport.Through bold contrasts – fur with plaid, leather with embroidery, sportswear with shredded fabrics – KOWLOON CITY BOY turns heartbreak into a uniform and loneliness into a badge of survival.Websites- CENTRESTAGE: www.centrestage.com.hk- Hong Kong Young Fashion Designers’ Contest (YDC): www.fashionally.com/en/YDC- Background information, collection details and photos of the 10 YDC finalists are available for download at this link: YDC 2025Media enquiriesBest Crew Public Relations & MarketingDiana Tang Tel: (852) 3594 6443 Email: diana.tang@bestcrewpr.comReni Kwok Tel: (852) 3594 6443 Email: reni.kwok@bestcrewpr.comHKTDC’s Communications & Public Affairs Department:Sharon Ha Tel: (852) 2584 4575 Email: sharon.mt.ha@hktdc.orgKaty Wong Tel: (852) 2584 4524 Email: katy.ky.wong@hktdc.orgHKTDC Media Room: https://mediaroom.hktdc.com/enAbout YDCThe YDC aims to promote a new generation of local design talent, while creating opportunities to showcase their collections in front of global and local industry professionals at CENTRESTAGE. Organised by the HKTDC, the contest is considered one of the most prestigious events of its kind in the region, with a successful track record of past contestants becoming leading designers for fashion enterprises or establishing their own labels. To further promote the international visibility of local Hong Kong designers, in 2012 the HKTDC launched FASHIONALLY.com, an online platform that showcases the work of local labels and talents and links them with glob8al industry insiders and opportunities.About the HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 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. About Cultural and Creative Industries Development Agency (CCIDA)The Cultural and Creative Industries Development Agency (CCIDA) established in June 2024, formerly known as Create Hong Kong (CreateHK), is a dedicated office set up by the Government of the Hong Kong Special Administrative Region (HKSAR Government) under the Culture, Sports and Tourism Bureau to provide one-stop services and support to the cultural and creative industries with a mission to foster a conducive environment in Hong Kong to facilitate the development of arts, culture and creative sectors as industries. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and cross-genre collaboration, promoting the development of arts, culture and creative sectors as industries under the industry-oriented principle, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community to implement Hong Kong’s positioning as the East-meets-West centre for international cultural exchange under the National 14th Five-Year Plan. CCIDA’s website: www.ccidahk.gov.hk. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Radisson Continues to Expand Scope of Gold Mineralization at O’Brien with Latest Drill Results ACN Newswire

Radisson Continues to Expand Scope of Gold Mineralization at O’Brien with Latest Drill Results

September 8, 2025
Rouyn-Noranda, Quebec--(ACN Newswire via SeaPRwire.com - September 8, 2025) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQB: RMRDF) ("Radisson" or the "Company") is pleased to announce assay results from fifteen new drill holes completed at its 100%-owned O'Brien Gold Project ("O'Brien" or the "Project") located in the Abitibi region of Québec. The fifteen holes represent step-outs below the existing geological model, east of the historic O'Brien Gold Mine (Figure 1) and are outside the scope of the recently completed Preliminary Economic Assessment ("PEA", see Radisson news release dated July 9, 2025). All holes intersected gold mineralization in characteristic quartz-sulphide-gold veins, and thirteen of the holes returned intercepts with grades and thicknesses consistent with the Project's existing mineral resources. These results continue to expand the scope of the Project's known gold mineralization. Highlights include:OB-24-363 intersected 8.41 grams per tonne ("g/t") gold ("Au") over 2.2 metres, including 14.40 g/t Au over 1.2 metres and 9.07 g/t Au over 1.8 metres, including 12.10 g/t Au over 0.9 metres;OB-24-354 intersected 7.95 g/t Au over 2.30 metres, including 14.85 g/t Au over 1.0 metre;OB-24-364 intersected 12.75 g/t Au over 1.4 metres and 11.15 g/t Au over 1.50 metres;OB-24-361 intersected 3.50 g/t Au over 5.0 metres, including 8.96 g/t Au over 1.28 metres, and 15.10 g/t Au over 1.0 metre; andOB-25-371W1 intersected 5.66 g/t Au over 3.0 metres, including 9.97 g/t Au over 1.5 metres.Matt Manson, President & CEO, commented: "Our ongoing drilling at the O'Brien Project is focussed on "proof-of-concept" step-outs designed to test the full scope of the Project beyond previous drilling. We recently released the latest results from drilling beneath the historic O'Brien gold mine where we have been delineating multiple high-grade gold-bearing veins over a large area up to 500 metres below the base of the historic workings. Today's news release shows results from drill holes located to the east of the historic mine, and below the existing mineral resources. Of note, several of the holes represent deep step-outs below our "Trend #2", pushing the scope of known mineralization downwards by up to 300 metres in this important area. Our Exploration Target at O'Brien is between 3 and 4 million ounces of gold in 15 to 20 million tonnes at between 4.5 and 8.0 g/t Au. This is based on the proposition that O'Brien's mesothermal gold mineralization continues to an exploration horizon of 2 kilometres depth. Today's results continue to support this thesis. With the recent completion of our high-value, but "snap-shot", PEA, our focus is on aggressive exploration and resource growth. Four rigs are currently active at the Project and drilling continues."The reader is cautioned that the potential quantity and grade of an Exploration Target is conceptual in nature, there has been insufficient exploration to define a mineral resource and that it is uncertain if further exploration will result in the target being delineated as a mineral resource.Figure 1: Long Section and Plan View of Gold Vein Mineralization and Mineral Resources at the O'Brien Gold Project, with Today's Drill Holes IllustratedTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/265432_bb2e887f64ce98f8_001full.jpgTable 1: Assay Results from Drill Holes OB-24-352 to OB-25-375DDHZone From (m) To (m) Core Length (m) Au g/t - Uncut Host LithologyOB-24-352Trend #2 521.0522.01.0013.10PON-S3 703.0704.51.503.73S1POB-24-353Trend #1 70.071.51.503.51PON-S3 160.9162.01.143.24S1P 191.0194.33.303.70TXIncluding192.0193.01.006.28TXOB-24-354Trend #0 232.0 234.3 2.3 7.9 S1P Including 232.0 233.0 1.0 14.9 S1P 302.7304.01.36.4V3-NOB-24-355Trend #3 432.4433.71.303.91S1P 466.8468.92.103.49V3-NOB-24-359W1Trend #3 429.3430.81.503.88V3-S 495.0496.01.0011.20S3POB-24-361Trend #3 195.5196.51.004.46PON-S3 572.4 573.4 1.00 15.10 V3-S 633.0 638.0 5.00 3.50 V3-S Including 633.0 634.3 1.28 8.96 S1P/POR-N OB-24-363Trend #2 194.5195.91.406.04PON-S3 910.0911.01.007.65PON-S3 1,199.7 1,201.9 2.20 8.41 V3-S Including 1,200.7 1,201.9 1.20 14.40 V3-S 1,231.3 1,233.1 1.80 9.07 POR-S Including 1,232.2 1,233.1 0.90 12.10 POR-S OB-25-363W1Trend #2 1,037.01,038.41.404.16V3-S 1,056.51,058.01.504.04V3-SOB-24-364Trend #1 388.0 389.4 1.40 12.75 V3-CEN 402.5404.01.506.26S1P 413.2 414.7 1.50 11.15 POR-N OB-25-366Trend #2 619.0620.01.003.71PON-S3OB-25-371Trend #2 1,402.01,404.52.503.99POR-SIncluding1,402.01,403.01.005.54POR-N/V3-NOB-25-371W1Trend #2 1,058.5 1,061.5 3.00 5.66 PON-S3 Including 1,058.5 1,060.0 1.50 9.97 PON-S3 1,210.91,214.03.103.21V3-SOB-25-375Trend #3 538.0539.51.507.38S3pNotes on Calculation of Drill Intercepts:The O'Brien Gold Project Mineral Resource Estimate effective May 6, 2025 ("MRE") utilizes a 2.20 g/t Au bottom cutoff, a US$2,000 gold price, a minimum mining width of 1.2 metres, and a 40 g/t Au upper cap on composites. Intercepts presented in Table 1 are calculated with a 3.00 g/t Au bottom cut-off. True widths, based on depth of intercept and drill hole inclination, are estimated to be 30-80% of core length. Table 2 presents additional drill intercepts calculated with a 1.00 g/t bottom cut-off over a minimum 1.0 metre core length so as to illustrate the frequency and continuity of mineralized intervals within which high-grade gold veins at O'Brien are developed. Lithology Codes: PON-S3: Pontiac Sediments; V3-S, V3-N, V3-CEN: Basalt-South, North, Central; S1P, S3P: Conglomerate; POR-S, POR-N: Porphyry South, North; TX: Crystal Tuff; ZFLLC: Larder Lake-Cadillac Fault Zone. O'Brien Mineral Resource EstimatesThe Mineral Resource Estimate ("MRE") utilized in the recent O'Brien PEA comprises Indicated Mineral Resources of 0.58 million ounces (2.20 million tonnes at 8.2 g/t Au) and Inferred Mineral Resources of 0.93 million ounces (6.67 million tonnes at 4.4 g/t Au)1. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. This MRE, effective as of May 6, 2025, is based on the Project's March 2023 estimate re-blocked with an updated cut-off yielding more ounces and more tonnes at a lower average grade. As such, it is based on drilling completed only to the end of 2022. By the end of the current fully funded 50-60,000 drill program, an additional 90-100,000 metres of drilling will be available for an updated estimate, including a significant meterage of drilling outside the scope of the current MRE and the recent PEA mine design.Gold Mineralization at O'BrienGold mineralizing quartz-sulphide veins at O'Brien occur within a thin band of interlayered mafic volcanic rocks, conglomerates, and porphyritic andesitic sills of the Piché Group occurring in contact with the east-west oriented Larder Lake-Cadillac Break ("LLCB"). Gold, along with pyrite and arsenopyrite, is typically associated with shearing and a pervasive biotite alteration, and developed within multiple Piché Group lithologies and, occasionally, the hanging-wall Pontiac and footwall Cadillac meta-sedimentary rocks.As mapped at the historic O'Brien mine, and now replicated in the modern drilling, individual veins are generally narrow, ranging from several centimetres up to several metres in thickness. Multiple veins occur sub-parallel to each other, as well as sub-parallel to the Piché lithologies and the LLCB. Individual veins have well-established lateral continuity, with near-vertical, high-grade shoots developed over significant lengths. Based on the historic data available, it is clear that the former mine was "high-graded", with mining focussed on a main central stope and parallel veins identified but left undeveloped.The historic O'Brien mine produced over half a million ounces of gold from such veins and shoots at an average grade exceeding 15 g/t Au and over a vertical extent of at least 1,000 metres. Modern exploration has focussed on delineating well developed vein mineralization to the east of the historic mine, with additional high-grade shoots becoming evident in the exploration data over what has been described as a series of repeating trends ("Trend #s 0 to 5").Step-Out Drilling at O'BrienSince the end of 2024, Radisson has been pursuing a program of broad step-outs beneath the historic O'Brien Gold mine and the existing mineral resources designed to test the scope of mineralization at the Project. This drilling is accomplished with pilot holes followed by wedges and directional drilling to maximize drill efficiency. A particular focus has been the delineation of multiple high-grade veins beneath the historic mine workings of the O'Brien mine with a series of wedge-extensions drilled from the pilot hole OB-24-337, which intersected 242.0 g/t Au over 1.0 metre within a mineralized interval that averaged 31.24 g/t Au over 8.0 metres at approximately 1,500 metres vertical depth. Assay results from a total of 7 wedges from OB-24-337 have now been reported and up to six gold-bearing veins have been delineated over an area of approximately 250 metres (east-west) by 250 metres (vertical). These veins appear to correspond to veins mapped at the base of the historic mine at 1,000 metres deep, approximately 300 to 500 metres above the new intercepts (see Radisson news release dated July 16, 2025). Current drilling in this area is focussed on infilling with pilot holes and wedge extensions both above and below the OB-24-337 pattern of branches to test the full continuity of mineralisation from the historic mine down to 2 kilometres depth.Step-out drilling with wedge extensions has also confirmed high-grade mineralization 170 metres below the base of the existing mineral resources at Trend #1, including pilot hole OB-24-324 which intersected 27.61 g/t Au over 6.0 metres (see Radisson news release dated October 30, 2024).Today's results include pilot holes and wedges with high-grade mineralization located up to 300 metres below previous drill intercepts at Trend #2 and showing good continuity with the mineral resource model above (Figure 2). These drill holes include OB-24-363 which intersected 8.41 g/t Au over 2.20 metres including 14.40 g/t Au over 1.20 metres and 9.07 g/t Au over 1.80 metres including 12.10 g/t Au over 0.90 metres. Three separate drill-holes were located at or close to the base of the existing mineral resources at Trend #3, including OB-24-361 which intersected 15.10 g/t Au over 1 metre and 3.50 g/t Au over 5.0 metres including 8.96 g/t Au over 1.28 metres. These new drill intercepts extend the scope of known gold mineralization at O'Brien, which remains open to depth along the full 5 kilometre length of the property.QA/QCAll drill cores in this campaign are NQ in size. Assays were completed on sawn half-cores, with the second half kept for future reference. The samples were analyzed using standard fire assay procedures with Atomic Absorption (AA) finish at ALS Laboratory Ltd, in Val-d'Or, Quebec. Samples yielding a grade higher than 10 g/t Au were analyzed a second time by fire assay with gravimetric finish at the same laboratory. Mineralized zones containing visible gold were analyzed with metallic sieve procedure. Standard reference materials, blank samples and duplicates were inserted prior to shipment for quality assurance and quality control (QA/QC) program.Qualified Persons Disclosure of a scientific or technical nature in this news release was prepared under the supervision of Mr. Richard Nieminen, P.Geo, (QC), a geological consultant for Radisson and a Qualified Person for purposes of NI 43-101. Mr. Luke Evans, M.Sc., P.Eng., ing, of SLR Consulting (Canada) Ltd., is the Qualified Person responsible for the preparation of the MRE at O'Brien. Each of Mr. Nieminen and Mr. Evans is independent of Radisson and the O'Brien Gold Project.About Radisson MiningRadisson is a gold exploration company focused on its 100% owned O'Brien Gold Project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. A July 2025 Preliminary Economic Assessment described a low cost and high value project with an 11-year mine life and significant upside potential based on the use of existing regional infrastructure. Indicated Mineral Resources are estimated at 0.58 million ounces (2.20 million tonnes at 8.2 g/t Au), with additional Inferred Mineral Resources estimated at 0.93 million ounces (6.67 million tonnes at 4.4 g/t Au). Please see the NI 43-101 "O'Brien Gold Project Technical Report and Preliminary Economic Assessment, Québec, Canada" effective June 27, 2025, and other filings made with Canadian securities regulatory authorities available at www.sedarplus.ca for further details and assumptions relating to the O'Brien Gold Project.Figure 2: Cross Section through "Trend #2" with Drill Holes OB-24-352,363, OB-25-363W1,371 and 371W1To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/265432_bb2e887f64ce98f8_002full.jpgTable 2: Detailed Assay Results (see "Notes on Calculation of Drill Intercepts")DDHZone From (m) To (m) CorG LGngth (m) Au g/t - Uncut Host LithologyOB-24-352Trend #2 248.0249.01.001.17PON-S3 521.0 522.0 1.00 13.10 PON-S3 648.0649.51.501.46V3-S 694.7697.52.801.79V3-CEN 703.0 704.5 1.50 3.73 S1P 724.1725.51.401.32POR-SOB-24-353Trend #1 26.528.01.502.24PON-S3 58.761.02.302.05PON-S3 70.0 71.5 1.50 3.51 PON-S3 134.5135.91.401.90V3-S 153.1156.02.901.09POR-S 160.9 162.0 1.14 3.24 S1P 165.5166.51.001.13S1P 180.9181.91.041.98S1P 184.4185.71.291.15POR-N 191.0 194.3 3.30 3.70 TXIncluding 192.0 193.0 1.00 6.28 TX 197.0198.01.002.11V3-N 203.7204.50.822.30V3-NOB-24-354Trend #0 203.0203.90.901.51POR-S 232.0 234.3 2.30 7.95 S1P Including 232.0 233.0 1.00 14.85 S1P 244.0245.31.301.61S1P 250.0251.01.001.14S1P 264.5265.61.131.21S1P 279.7282.02.301.68TX 302.7 304.0 1.30 6.39 V3-N OB-24-355Trend #3 308.6309.71.101.04PON-S3 401.5403.01.501.09V3-S 432.4437.71.591.59S1PIncluding 432.4 433.7 1.30 3.91 S1P 440.9442.01.101.87V3-N 466.8 468.9 2.10 3.49 V3-N 473.2474.21.001.18V3-NOB-24-359W1Trend #3 429.3 430.8 1.50 3.88 V3-S 465.3466.31.001.69S1P 495.0 496.0 1.00 11.20 S3POB-24-361Trend #3 195.5 196.5 1.00 4.46 PON-S3 215.5216.51.002.01PON-S4 413.0414.11.101.34PON-S5 481.5483.01.501.05PON-S6 514.0515.51.501.09V3-S 572.4 573.4 1.00 15.10 V3-S 633.0 638.0 5.00 3.50 V3-SIncluding 633.0 634.3 1.28 8.96 S1P/POR-N 639.0642.33.301.43S1POB-24-362Trend #1 432.2433.51.252.16POR-N 444.5446.01.501.70TXOB-24-363Trend #2 194.5 195.9 1.40 6.04 PON-S3 907.7909.01.301.03PON-S3 910.0 911.0 1.00 7.65 PON-S3 1,199.7 1,201.9 2.20 8.41 V3-SIncluding 1,200.7 1,201.9 1.20 14.40 V3-S 1,215.21,216.41.201.42V3-S 1,231.3 1,233.1 1.80 9.07 POR-SIncluding 1,232.2 1,233.1 0.90 12.10 POR-S 1,286.51,287.51.002.91V3-NOB-25-363W1Trend #2 877.0878.31.301.43TX 910.6912.11.501.59PON-S3 1,034.01,035.01.001.02PON-S3 1,037.0 1,038.4 1.40 4.16 V3-S 1,042.61,044.01.401.93V3-S 1,045.71,046.71.002.17V3-S 1,052.61,059.36.701.78V3-SIncluding 1,056.5 1,058.0 1.50 4.04 V3-S 1,186.01,187.51.502.10V3-SOB-24-364Trend #1 164.0165.51.501.41PON-S3 371.0376.55.501.01POR-S 388.0 389.4 1.40 12.75 V3-CEN 402.5 404.0 1.50 6.26 S1P 408.5409.91.401.40S1P 413.2 414.7 1.50 11.15 POR-N 440.7442.01.302.32V3-NOB-25-365Trend #1 379.0380.51.501.40V3-S 428.5429.71.202.85POR-S 469.0473.54.501.28POR-N 502.5504.01.501.35S3pOB-25-366Trend #3 601.0602.51.501.34PON-S3 619.0 620.0 1.00 3.71 PON-S3 811.9818.16.251.21V3-CEN/S1p/POR-NOB-25-371Trend #2 1,306.01,307.51.501.86V3-N 1,310.51,312.01.501.36S3p 1,326.01,327.01.001.48V3-S 1,335.01,338.03.001.67V3-S 1,370.51,375.24.701.07POR-S 1,402.0 1,404.5 2.50 3.99 POR-SIncluding 1,402.0 1,403.0 1.00 5.54 POR-N/V3-N 1,405.51,406.51.001.14S3pOB-25-371W1Trend #2 1,058.5 1,061.5 3.00 5.66 PON-S3Including 1,058.5 1,060.0 1.50 9.97 PON-S3 1,210.9 1,214.0 3.10 3.21 V3-S 1,216.01,218.52.501.86V3-S 1,265.51,267.01.502.52V3-S 1,272.71,274.21.501.08V3-S 1,287.51,298.010.501.29POR-S 1,323.01,324.51.501.45S1p 1,327.61,328.71.102.41POR-N 1,366.51,368.01.501.14ZFLLCOB-25-375Trend #3 538.0 539.5 1.50 7.38 S3p 675.0676.01.001.56S3p 754.0755.51.501.25PON-S3 876.5878.01.502.41PON-S3 882.5886.03.501.36V3-S Table 3: Drill Hole Collar Information for Holes contained in this News ReleaseTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/265432_a2bf4d99d4dc3aa5_007full.jpgNotes:Hole lengths for wedges represent meterage from point of wedge.For more information on Radisson, visit our website at www.radissonmining.com or contact:Matt MansonPresident and CEO416.618.5885mmanson@radissonmining.comKristina PillonManager, Investor Relations604.908.1695kpillon@radissonmining.comForward-Looking StatementsThis news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Forward-looking statements including, but are not limited to, statements with respect to the ability to execute the Company's plans relating to the O'Brien Gold Project as set out in the Preliminary Economic Assessment; the Company's ability to complete its planned exploration and development programs; the absence of adverse conditions at the O'Brien Gold Project; the absence of unforeseen operational delays; the absence of material delays in obtaining necessary permits; the price of gold remaining at levels that render the O'Brien Gold Project profitable; the Company's ability to continue raising necessary capital to finance its operations; the ability to realize on the mineral resource and mineral reserve estimates; assumptions regarding present and future business strategies, local and global geopolitical and economic conditions and the environment in which the Company operates and will operate in the future;, planned and ongoing drilling, the significance of drill results, the ability to continue drilling, the impact of drilling on the definition of any resource, and the ability to incorporate new drilling in an updated technical report and resource modelling; the Company's ability to grow the O'Brien Gold Project; the ability to negotiate and execute an arrangement with IAMGOLD related to the Doyon Mill on satisfactory terms or at all; and the ability to convert inferred mineral resources to indicated mineral resources. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements Forward-looking information is based on estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others; the risk that the O'Brien Gold Project will never reach the production stage (including due to a lack of financing); the Company's capital requirements and access to funding; changes in legislation, regulations and accounting standards to which the Company is subject, including environmental, health and safety standards, and the impact of such legislation, regulations and standards on the Company's activities; price volatility and availability of commodities; instability in the global financial system; the effects of high inflation, such as higher commodity prices; the risk of any future litigation against the Company; changes in project parameters and/or economic assessments as plans continue to be refined; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; risks relating to the drill results at O'Brien; the significance of drill results; and the ability of drill results to accurately predict mineralization. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company believes that this forward-looking information is based on reasonable assumptions, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. These statements speak only as of the date of this news release.Please refer to the "Risks and Uncertainties Related to Exploration" and the "Risks Related to Financing and Development" sections of the Company's Management's Discussion and Analysis dated April 29, 2025 for the years ended December 31, 2024, and the Company's Management's Discussion and Analysis dated August 27, 2025 for the three-months ended June 30, 2025, all of which are available electronically on SEDAR+ at www.sedarplus.ca. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.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 news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.________________________1 NI 43-101 "O'Brien Gold Project Technical Report and Preliminary Economic Assessment, Québec, Canada" effective June 27, 2025.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265432 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Yuexiu REIT Disposes of 50% Interest in Yuexiu Financial Tower in Guangzhou and Reorganises the Remaining 50%

September 7, 2025
HONG KONG, Sep 8, 2025 - (ACN Newswire via SeaPRwire.com) – Yuexiu Real Estate Investment Trust (“Yuexiu REIT”, together with Yuexiu REIT Asset Management Limited, collectively known as the “REIT”; stock code: 405) today announced a strategic capital reorganisation plan to dispose of its 50% interest in Yuexiu Financial Tower (“the Property”) in Guangzhou to Guangzhou Yue Xiu Development Group Co., Ltd., the external transferee, at a consideration of approximately RMB3,433 million and effect an internal reorganisation of the remaining 50% interest. Following completion of the disposal and the internal reorganisation, Yuexiu REIT’s effective beneficial interest in Yuexiu Financial Tower in Guangzhou will be reduced to 49.495%, and the target companies will cease to be subsidiaries of Yuexiu REIT. Yuexiu Financial Tower will be regarded as a “qualified minority-owned property”, continuing to contribute income to the REIT.Reduce gearing and lower financing costsThe transaction and accompanying refinancing plan are intended to optimise Yuexiu REIT's capital structure and reduce its gearing ratio. The net proceeds from the disposal are expected to be approximately RMB2,300 million. Including the RMB3,000 million to be drawn from the new bank facility, the total proceeds of approximately RMB5,300 million will be fully applied towards the repayment of existing indebtedness. Management expects a significant reduction in interest expenses, distribution per unit (“DPU”) accretion and a decrease of the gearing ratio from 48.1% to approximately 41.2% upon the completion of the transaction and refinancing, improving the REIT's financial resilience and enhancing its long-term competitiveness.DPU accretive transaction and positive impact on Yuexiu REIT’s external credit ratingIt is expected that the disposal and the internal reorganisation, together with the refinancing, would lower Yuexiu REIT’s gearing ratio and interest expense, and, on a pro forma basis, result in an accretion to the total distributable income and DPU of the REIT. In addition, with the disposal and an optimised debt structure, the external credit rating of Yuexiu REIT is expected to improve, allowing it to employ diverse fundraising channels, including the offshore bond market, to support future development.Portfolio rebalancing and upgradeThe disposal represents a significant strategic decision for Yuexiu REIT to optimise its portfolio composition. Following the disposal, the proportion of Yuexiu REIT’s revenue from office properties will decrease from 55% to 46%, further enhancing Yuexiu REIT’s ability to withstand market cyclical fluctuations.Tap on potential advantages of partnering with Guangzhou Yue XiuFollowing the disposal, Yuexiu REIT will effectively be partnering with Guangzhou Yue Xiu as its joint venture partner in its ownership of Yuexiu Financial Tower in Guangzhou. Leveraging Guangzhou Yue Xiu’s credit, resources and reputation, Yuexiu Financial Tower in Guangzhou is expected to capture more favourable financing costs, further enhancing the yield of the Property. As a continuing minority shareholder, Yuexiu REIT stands to benefit from these improved financing conditions and the resulting uplift in investment returns.Yuexiu Financial Tower is located in the core area of Guangzhou Zhujiang New Town. The Property comprises a 68-storey above-ground Grade A office building and a 4-storey basement with 827 underground carpark spaces. For the six months ended 30 June 2025 and the year ended 31 December 2024, revenue of Yuexiu Financial Tower was RMB165 million and RMB362 million, respectively.For details, please refer to the REIT’s announcement dated 8 September 2025.About Yuexiu Real Estate Investment TrustYuexiu Real Estate Investment Trust (“Yuexiu REIT”) was listed on The Stock Exchange of Hong Kong Limited on 21 December 2005 and is the first listed real estate investment trust in the world which invests in real properties in the mainland of the People's Republic of China (the “PRC”). The current property portfolio of Yuexiu REIT comprises ten high quality properties, namely Guangzhou International Finance Center, White Horse Building, Fortune Plaza, City Development Plaza, Victory Plaza and Yuexiu Financial Tower located in Guangzhou, Yue Xiu Tower located in Shanghai, Wuhan Properties located in Wuhan (including Wuhan Yuexiu Fortune Centre and Starry Victoria Shopping Centre), Victory Business Centre located in Hangzhou and Yue Xiu Building located in Hong Kong, with a total area of ownership of approximately 1.184 million sq.m. All properties are located in the central business district of Guangzhou, Shanghai, Wuhan, Hangzhou and Hong Kong, the PRC, respectively. The categories of the properties include Grade-A offices, commercial complexes, retail business, hotel, serviced apartments and clothing wholesale market etc. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Hong Kong Watch & Clock Fair, Salon de TIME end on a high note ACN Newswire

Hong Kong Watch & Clock Fair, Salon de TIME end on a high note

September 6, 2025
- Two fairs attracted some 16,000 buyers on-site- Survey results indicate respondents consider the growth prospects for the watch industry in the following target sales markets to be promising or very promising in the next two years: the Middle East, Taiwan, Korea, Latin America, Australia, and ASEAN countries; smart watches are considered to have the most significant growth potential.HONG KONG, Sep 7, 2025 - (ACN Newswire via SeaPRwire.com) – The 44th HKTDC Hong Kong Watch & Clock Fair and the 13th Salon de TIME, jointly organised by the Hong Kong Trade Development Council (HKTDC), Hong Kong Watch Manufacturers Association Limited, and The Federation of Hong Kong Watch Trades & Industries Limited, successfully ended yesterday in physical fair format. Meanwhile, the Click2Match AI-driven business matching platform will remain open until 13 September, allowing global exhibitors and buyers to continue business discussions.Over the past five days, the physical fairs attracted some 16,000 trade buyers from 95 countries and regions on-site. Buyers from outside Hong Kong mainly came from Mainland China, Taiwan, India, Japan, the US, and ASEAN countries, including Indonesia, the Philippines, Singapore and Thailand. This highlights Hong Kong's pivotal position as a key global transshipment hub and sales centre for watches and clocks.Salon de TIME was open to the public for free for the second consecutive year. Together with CENTRESTAGE, which was held at the same time, the events attracted more than 19,000 public visits to purchase their favourite items. Around 400 watch and fashion brands were showcased on-site.HKTDC Deputy Executive Director Sophia Chong said: “The Hong Kong Watch & Clock Fair and Salon de TIME are annual highlights for the industry. This year, the events brought together over 650 exhibitors from 15 countries and regions. This year's exhibition featured pavilions from Guangzhou, Taiwan, the Swiss Independent Watchmakers Pavilion (SIWP), and the French pavilion by Francéclat. It also welcomed the return of exhibitors from Germany, Japan, Lebanon and the Netherlands. The number of brands at Salon de TIME reached a new post-pandemic high. Many exhibitors used the platform to launch innovative products showcasing exquisite craftsmanship, serving as a springboard for entering international and mainland markets. This underscores Hong Kong's vitality as a global hub for commerce and creativity.”She mentioned that a series of trade exhibitions will be held in the fall, including the HKTDC Hong Kong Electronics Fair (Autumn Edition) and electronicAsia, which will take place simultaneously from 13 to 16 October at the Hong Kong Convention and Exhibition Centre. Following these, the HKTDC Hong Kong International Lighting Fair (Autumn Edition) will be held from 27 to 30 October, and the Hong Kong International Outdoor and Tech Light Expo will run from 28 to 31 October, at the Hong Kong Convention and Exhibition Centre and AsiaWorld-Expo, respectively. All four exhibitions will adopt the EXHIBITION+ hybrid model, allowing global buyers and exhibitors to continue discussions online after the physical fairs.Survey indicates that markets such as the Middle East and East Asia are viewed optimisticallyDuring the exhibition, the HKTDC conducted a survey, interviewing some 920 exhibitors and buyers on-site. The aim was to understand global trends in the watch industry, as well as exhibitors' and buyers' perspectives on the industry's outlook and product trends.The survey results show that 59% of respondents expect overall sales to grow in the next 12 to 24 months, while 36% anticipate that sales will remain stable. Respondents considered the growth prospects for the watch industry in the following target sales markets to be promising or very promising in the next two years: the Middle East (82%), Taiwan (79%), Korea (78%), Latin America (76%), Australia (76%), and ASEAN countries (73%).Regarding product trends, 47% of respondents consider smart watches to have the most significant growth potential, followed by fashion watches (30%), and casual watches (26%).The twin watch fairs unveiled industry trends; EXHIBITION+ plays a roleSaat ve Saat, which has over 160 points of sale in Türkiye, attended the two watch fairs again this year. The company's production manager Yusuf Eyilmez stated: “Through the business matching meetings on the smart platform click2match, and the physical meetings at the fair, we have procured automatic mechanical watches from the Hong Kong exhibitor Dailywin Watch Products Mfg Ltd. The annual order value is expected to reach US$1 million.”Su & Co Trading Company from Myanmar sells fashion watches through both online and physical stores. The company founder Su Hnin Aye stated: “This year, we have purchased US$600,000 worth of branded watches at the fair and have identified two new watch brands to introduce to the Myanmar market. We will also sign a sole distributor agreement with a brand at the Swiss Independent Watchmakers Pavilion (SIWP), Mathey Tissot.”At the fair, Hong Kong exhibitor Dayton Industrial launched the new Watch2Care TCM smart watch. The company's director Paul Yuen said: “We have invented this smart watch featuring digital pulsation analysis with TCM (Traditional Chinese Medicine) reports for preventive healthcare. During the exhibition, we introduced the features of our revolutionary smart watch to hundreds of both local and international buyers. We have found potential distributors from Germany, Mainland China, Singapore and the US. We are also excited to have received collaboration invitations from a Swiss watch movement company and a buyer from Myanmar. We aim to achieve an on-site sales turnover of HK$1.5 million.”Last year, the German brand Lilienthal Berlin introduced the world's first wristwatch with a case made from recycled coffee grounds at Salon de TIME. This year, they have innovated once again by bringing a new eco-friendly watch with a dial made from recycled tea leaves. The company's management director Ruby Young stated: “The new watch has garnered media attention, attracting buyers from around the globe to our booth. We have successfully identified potential distributors from Bangladesh and Israel and are in discussions with buyers from Italy, Japan, Kazakhstan, Mainland China, the UAE, and the US.”Salon de TIME also featured several exhibitors showcasing “Guochao” series watches. This year, Sun International Concepts presented six renowned watch brands from Mainland China, including masterpieces by four independent watchmakers: Ma Xushu, Tan Zehua, Qian Guobiao, and Gong Xun. Company executive director David Sun mentioned that feedback from both the industry and the public is more enthusiastic compared to last year, and they have successfully found exclusive distributors at the fair to expand into the ASEAN market. Several watches were available for on-site retail purchase and the projected on-site sales are expected to reach six figures, representing a 10% increase over last year.The new zone Microbrands presents unique niche brands offering watches that are both affordable and stylish. First-time exhibitor and YouTube channel Watchcatavlog brought four microbrands. The channel’s founder Ciff Luk stated that they are in discussions with buyers from Canada, Taiwan, and the UAE regarding distributor collaborations. The brands also attracted numerous watch enthusiasts.For the second consecutive year, Salon de TIME was completely open to the public for free. Watch enthusiasts Jovi Ha, CK Hung and Ricky Tsang attended the event together and remarked: “This exhibition has truly broadened our horizons, allowing us to admire the exquisite craftsmanship of numerous high-quality brands all at once, and to have direct interaction with independent watchmakers. The diversity in watch styles available at the fair, along with their great value for money, led us to spend nearly HK$100,000 in total, purchasing multiple branded watches and leaving the event thoroughly satisfied.”Photo download: http://bit.ly/4gh0lu6The 44th HKTDC Hong Kong Watch & Clock Fair and the 13th Salon de TIME successfully concluded in physical fair format yesterday, attracting some 16,000 buyers from 95 countries and regions on-siteAs a highlight of Salon de TIME, World Brand Piazza presented nine world-class watch brandsSalon de TIME was open to the public for free for the second consecutive year, allowing attendees to visit, shop, and participate in on-site events This year's fair featured pavilions from Guangzhou, Taiwan, Francéclat from France, and the Swiss Independent Watchmakers Pavilion (above)The Hong Kong International Watch Forum (above) and Asian Watch Conference hosted various experts to share the latest trade data and industry trends from around the world, to discuss strategies for the global watch industry's supply chain, and to delve into the artistic concepts behind independent watchmaking and micro brands.Salon de TIME welcomed brands from Mainland China and several independent watchmakers to present their “Guochao” series watches, including Shanghai Watch, Sea-Gull, FIYTA and Zbioland.The 42nd Hong Kong Watch Design Competition featured an open group and a student group; celebrity Bowie Cheung served as a guest judge and attended the awards ceremony.The fair featured a variety of exciting activities, including a watch parade (as shown in the image), Smart Bidding, watch engraving demonstrations, and watch appreciation paired with tea art experiences; additionally, a lucky draw offered generous prizes.HKTDC and Hong Kong Tourism Board (Destination Partner) offered travel and hospitality support to overseas buyers and journalists, including an Aqua Luna boat ride (as shown in the image), Muslim-friendly visit programme to the Hong Kong Palace Museum and Kowloon Masjid, Plaza Premium Lounge passes, and cultural booths at the Networking Reception.Media enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Johnny Tsui Tel: (852) 2584 4395 Email: johnny.cy.tsui@hktdc.org WebsitesHong Kong Watch & Clock Fair: hkwatchfair.hktdc.comSalon de TIME: hkwatchfair.hktdc.com/teAbout 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. All rights reserved. www.acnnewswire.com
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10th anniversary CENTRESTAGE concludes successfully ACN Newswire

10th anniversary CENTRESTAGE concludes successfully

September 6, 2025
- Fair attracts participation of more than 260 brands from 25 countries and regions, achieving its largest-ever scale and level of internationalisation- Over the four‑day period, CENTRESTAGE welcomed over 10,000 trade buyers from 91 countries and regions, with the number of buyers from the UK, Mainland China, India and Indonesia showing significant growth- Internationally acclaimed couturier Guo Pei and world-renowned fashion legend Professor Jimmy Choo OBE hosted talks at the fair; Guo Pei also staged her solo couture show themed “Gilternity: An Everlasting Radiance”, at CENTRESTAGE ELITES- Survey findings reveal that over 55% of respondents expect sales to increase in the coming 12 to 24 months- 38% of respondents believe that rising demand from emerging markets is the major opportunity for business, while 36% believe that fashion accessories hold the greatest growth potential for the industryHONG KONG, Sep 6, 2025 - (ACN Newswire via SeaPRwire.com) – CENTRESTAGE, organised by the Hong Kong Trade Development Council (HKTDC) and sponsored by the Cultural and Creative Industries Development Agency (CCIDA) of the Government of the Hong Kong Special Administrative Region, drew to a successful close today. Celebrating its 10th edition, this year’s event ran on an unprecedented scale. Over 260 brands from 25 countries and regions participated in the four-day event, attracting over 10,000 buyers from 91 countries and regions. Buyer participation from the UK, Mainland China, India and Indonesia recorded a significant increase, further strengthening Hong Kong’s role as Asia’s fashion hub and a centre for East‑West cultural exchange.CENTRESTAGE and Salon de TIME, the HKTDC’s concurrent fashion event, were fully open to the public free of charge. The public count for the events exceeded 19,000 visits, successfully assisting exhibitors in expanding their customer base and helping to promote the development of the creative sector.Sophia Chong, Deputy Executive Director of the HKTDC, said: “Over the past decade, CENTRESTAGE has become an essential trade and exchange platform for local, Asian and international fashion brands. This year’s fair set records in terms of scale and internationalisation, bringing together a wide range of globally renowned design brands which participated for the first time, including Saul Nash from the UK, HENRIK VIBSKOV from Denmark and THE NERDYS from Japan. Internationally acclaimed couturier Guo Pei and world-renowned fashion legend Professor Jimmy Choo OBE also appeared at CENTRESTAGE to host inspiring sharing sessions. The event successfully attracted prominent local and overseas buyers, including leading retailers and procurement groups such as Machine-A from the UK, Sugar Srl from Italy, Daimaru Matsuzakaya Department Stores from Japan, Zalora from Indonesia and ESSX. from the United States, as well as helping local brands expand internationally and highlighting Hong Kong’s unique appeal as Asia’s fashion hub.”Over 55% respondents expect sales growth; emerging markets seen as keyThe HKTDC conducted a survey during the fair, interviewing more than 400 exhibitors and buyers to gauge their views on product trends and the outlook for the fashion industry. The survey revealed that 56% of respondents expect sales to increase over the next 12 to 24 months, while 40% anticipate that sales will remain unchanged, reflecting an optimistic stance towards the industry’s sales landscape.Respondents also identified key challenges such as fluctuations in the global economy (44%) and keen competition within the industry (40%). In terms of opportunities. 38% said their greatest opportunities lay in rising demand from emerging markets.Global designers explore market frontiers; cross-cultural craftsmanship shinesFor the first time, the United Kingdom joined CENTRESTAGE as Partner Country, presenting 16 highly creative fashion brands and emerging designers. The UK pavilion highlighted diverse styles and sustainable concepts, partnering with the JCA-London Fashion Academy founded by Professor Jimmy Choo OBE to showcase works by a new generation of designers. On the first day of the fair, a UK fashion show celebrated the craftsmanship and forward‑looking vision of British fashion.This year’s CENTRESTAGE featured six themed zones showcasing the latest fashion trends and creative forces. The newly launched Accessories zone highlighted functional yet stylish accessory ranges in response to market demand. The survey revealed that, same as last year, fashion accessories were seen by respondents as having the greatest growth potential among fashion product categories in major sales markets (36%).Cross-cultural craftsmanship has also emerged as a rising design trend. This year’s fair not only presented selected pieces from internationally acclaimed couturier Guo Pei’s entirely hand‑crafted collection “Gilternity: An Everlasting Radiance”, but also brought together brands from diverse cultural backgrounds, showcasing fashion works that blend traditional techniques such as embroidery, weaving and tie-dyeing. They included Hong Kong brand Yue Hwa Chinese Products Emporium Limited which showcased designs utilising Gambier Canton Silk, a national intangible cultural heritage fabric.Other highlights included Hong Kong brand Isabelle.C, which incorporates the Chinese intangible heritage technique of Kesi (silk tapestry weaving) into its designs; Thai brand Lava Laweng, which showcases Thai ethnic culture and weaving craftsmanship; and Macao brand Yu Kwa, founded by Lin Yingwen, the fifth-generation inheritor of the intangible cultural heritage production of gold-embroidered skirt jackets. These works not only showcase exquisite craftsmanship and rich cultural depth, but also breathe new life into traditional techniques within the modern fashion landscape.As a first-time exhibitor at CENTRESTAGE, Vald Showroom from Denmark brought a curated selection of brands, including Danish label HENRIK VIBSKOV which is known for its runway appearances in Copenhagen and Paris. The showroom is planning to expand into new markets across Asia. “We are very excited to learn about local customers’ preferences and see how buyers respond to our collections in terms of quality, price, fit and style,” said Jacob Jensen, the company’s CEO.Hong Kong brand Imellda Ho Millinery specialises in handmade custom hats and headpieces. Designer Imellda Ho said this year marks her first participation at CENTRESTAGE under her own brand name, and that the fair reflected the HKTDC's international vision. “The team even anticipated needs I hadn't considered. This 'thinking beyond the designer' support is exactly what independent brands need most,” she said. Ms Ho added that although the custom headwear market is relatively small, the fair offers opportunities for brands to expand into overseas markets. She commended the HKTDC for equipping designers with hands-on styling workshops and expert-led brand development support, representing “irreplaceable value for independent designers”.Buyers from around the world were drawn to the fair, praising its global brand appeal and diverse product offerings. Many expressed strong interest in the distinctive creativity of Hong Kong designers. Marianna Kuvvet, Brand Director of Tomorrow Ltd, a brand accelerator, said: “This was my first time attending CENTRESTAGE. What stood out to me most was the calibre of local talent.” Stavros Karelis, Founder and Buying Director at Machine-A, a UK-based concept store, said that CENTRESTAGE is proven to be an exciting platform for new talent, while providing international buyers with a valuable gateway to explore the pulse of Asia’s vibrant and diverse market. “I was particularly impressed by local Hong Kong designers and brands, such as WEN PAN and Kinyan Lam from Genau Studio. The fair beautifully captured the fusion of local and global design talents,” he said. Despite it being his inaugural visit to CENTRESTAGE, Mr Karelis allocated a specific budget to acquire standout designs discovered at the fair, underscoring its importance as an influential global fashion platform.Spectacular fashion shows with international designers dazzle audiencesSome 50 fashion shows and events were staged during the fair. The opening gala show, CENTRESTAGE ELITES, was in the spotlight on 1 September at M+ in the West Kowloon Cultural District, with celebrated couturier Guo Pei unveiled her collection themed “Gilternity: An Everlasting Radiance”, featuring more than 30 handcrafted masterpieces that transformed fleeting moments into timeless brilliance. On 4 September, Guo Pei also hosted a masterclass to share her design journey and philosophy with an enthusiastic full house.Marking the 10th anniversary of the Fashion Hong Kong overseas promotion campaign series, Fashion Hong Kong presented a show under the theme “A Decade in Design: What Is Seen' What Is Felt'”. Four Hong Kong brands – ANGUS TSUI, ARTY:ACTIVE, IP AXIS INDUSTRIAL STUDIO and selfFab. – unveiled creative collections reflecting the journeys of Hong Kong designers, blending vision with emotion. The show received enthusiastic acclaim from a multitude of industry professionals, celebrities and fashion enthusiast in a packed venue. The public can revisit the show’s highlights on the CENTRESTAGE and Fashion Hong Kong websites, the Fashion Hong Kong Instagram, and HKTDC Facebook and YouTube channels.The FASHIONALLY platform also showcased four emerging brands – phenotypsetter, MARCCH, Oplus2 and OUS – in its FASHIONALLY Collection #25, highlighting the creativity and energy of Hong Kong’s new generation of designers. FASHIONALLY Presentation featured LAPEEWEE, MOODLABBYLORRAINE and KOWLOON CITY BOY, who used immersive stage installations to bring their latest works vividly to life.Several other Hong Kong brands launched new collections at CENTRESTAGE. DORISKATH collaborated with bridal label Vincci to mark its 10th anniversary, 112 mountainyam presented its Spring/Summer 2026 collection, while other participants included NATACHA VAN and more. LOCAL POWER 2025, a cross-cultural project curated by the Asian New Generation Creativity Design Association, was officially launched during CENTRESTAGE. Dorian Ho, Chairman of the Association said: “CENTRESTAGE is a key fashion platform in Asia, and launching the project here helps attract greater attention. We also invited five Korean designers to participate, and the project successfully attracted more than 30 buyers from various markets including Europe, Southeast Asia, Japan and Mainland China, to connect with us for just first two days, opening up opportunities for international collaboration.”The finals of the Redress Design Award 2025 – a competition dedicated to advancing circular fashion and now in its 15th year – were successfully staged at CENTRESTAGE. Multiple awards were presented during the event, with the championship title jointly awarded to designers Carla Zhang and Hugo Dumas. Nathan Moy was awarded the “Hong Kong Best”, while other contestants also showcased their unique sustainable fashion designs.Photo download: http://bit.ly/482vCywThe 10th edition of CENTRESTAGE attracted over 10,000 trade buyers from 91 countries and regionsThe annual fashion extravaganza gathered over 260 brands from 25 countries and regions – the largest number of participating brands in the fair’s history. The participation in the Thai pavilion reached a record high this year, bringing together over 40 brands.Internationally acclaimed couturier Guo Pei joined CENTRESTAGE for a masterclass, sharing her design philosophy and creative journey. The event drew a full house of industry professionals, fashion lovers and design students eager to learn and exchange ideas.Several fashion design competitions were held during the fair, including the Young Knitwear Designer Contest organised by the Knitwear Innovation and Design Society. Designer Jason Ying claimed the championship title.Several local fashion labels staged shows during CENTRESTAGE, including the latest collection by DORISKATH.Cross-cultural craftsmanship emerged as a growing trend. The fair brought together design brands from diverse cultural backgrounds, showcasing fashion pieces that incorporate traditional techniques such as embroidery.For the first time, the United Kingdom joined CENTRESTAGE as Partner Country, presenting 16 highly creative fashion brands and emerging designers.The Asia New Generation Cultural Creative Design Association officially launched LOCAL POWER 2025 Hong Kong Fashion in Seoul at CENTRESTAGE.Websites- CENTRESTAGE: www.centrestage.com.hk- Fashion Hong Kong: https://www.fashionhongkong.com/en- Hong Kong Young Fashion Designers' Contest (YDC): www.fashionally.com/enRevisit CENTRESTAGE ELITES:- CENTRESTAGE website: https://www.hktdc.com/event/centrestage/en/livestream- CENTRESTAGE Instagram: https://www.instagram.com/centrestage_hktdc- HKTDC Exhibition Channel Facebook Page:https://www.facebook.com/share/v/1AAMjms6eB/'mibextid=wwXIfr- HKTDC YouTube Channel: https://www.youtube.com/live/dsECvOgiYNE'si=0OLm1S_9hXhjLiYIMedia enquiriesBest Crew Public Relations & MarketingDiana TangTel: (852) 3594 6443 Email: diana.tang@bestcrewpr.comReni KwokTel: (852) 3594 6443 Email: reni.kwok@bestcrewpr.comHKTDC Communication and Public Affairs Department:Sharon Ha Tel: (852) 2584 4575Email: sharon.mt.ha@hktdc.orgKaty Wong Tel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgHKTDC Newsroom: http://mediaroom.hktdc.com/enAbout the HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 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. About Cultural and Creative Industries Development Agency (CCIDA)The Cultural and Creative Industries Development Agency (CCIDA) established in June 2024, formerly known as Create Hong Kong (CreateHK), is a dedicated office set up by the Government of the Hong Kong Special Administrative Region (HKSAR Government) under the Culture, Sports and Tourism Bureau to provide one-stop services and support to the cultural and creative industries with a mission to foster a conducive environment in Hong Kong to facilitate the development of arts, culture and creative sectors as industries. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and cross-genre collaboration, promoting the development of arts, culture and creative sectors as industries under the industry-oriented principle, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community to implement Hong Kong’s positioning as the East-meets-West centre for international cultural exchange under the National 14th Five-Year Plan.CCIDA’s website: http://mediaroom.hktdc.com/enDisclaimer: The Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Fourth Paradigm announces 2025 interim results ACN Newswire

Fourth Paradigm announces 2025 interim results

September 5, 2025
Financial Highlights:- In the first half of 2025, the total revenue amounted to RMB2,626 million, representing a year-on-year growth of 40.7% - The revenue of the 4ParadigmSage AI Platform (“4ParadigmSage”) business grew by 71.9% year on year to RMB2,149 million, accounting for 81.8% of the total revenue - The SHIFT Intelligent Solutions business recorded revenue of RMB371 million, accounting for 14.1% of the total revenue - The revenue of the 4ParadigmSageGPT AIGS Services segment amounted to RMB106 million, accounting for 4.1% of the total revenue- In the first half of 2025, the total R&D expenses further increased to RMB893.4 million, with the R&D expense ratio of 34.0%- In the first half of 2025, the Company recorded an adjusted net loss attributable to the shareholders of the Company (a non-IFRS measure) of RMB43.70 million, which narrowed by approximately 71.2% from RMB151.6 million for the same period last yearOperation Highlights:- In the first half of 2025, the number of lighthouse users reached 90, an increase of four compared to the same period last year, and the average revenue per lighthouse user was RMB17.98 million, representing a year-on-year increase of approximately 56.6%- AI agent + World Model: During the Reporting Period, the Company launched intelligent agent solutions of “AI agent + industry-specific large models” across multiple sectors, driving a leap in productivity for enterprise users- Phancy: During the Reporting Period, the Company launched its “Phancy” consumer electronics business, positioned to provide the market with integrated software and hardware solutions based on AI agents- AI + Energy Storage: During the Reporting Period, the Company is committed to aggregating distributed power supplies, controllable loads, energy storage systems and other resources scattered in the power grid, and carrying out unified coordination, optimization, and control, to help Virtual Power Plant participate in the operation of the power market in all aspects, and provide a variety of services for the power grid, such as peak shaving and frequency shifting- AI + Stablecoin: During the Reporting Period, the Company entered into a strategic cooperation agreement with a leading brokerage firm, jointly developing and exploring the “AI + Stablecoin Risk Control & Compliance Solution”HONG KONG, Sep 5, 2025 - (ACN Newswire via SeaPRwire.com) – 21 August 2025, A leading enterprise AI software company - Beijing Fourth Paradigm Technology Co., Ltd. (“Fourth Paradigm” or the “Company”, Stock Code: 6682.HK) today announced the consolidated interim results for the six months ended June 30, 2025 (the “Reporting Period”).During the reporting period, Fourth Paradigm’s revenue increased significantly, with total revenue of RMB2,626 million, representing a year-on-year growth of approximately 40.7%. Adjusted net loss attributable to the shareholders of the Company (non-IFRS) was RMB43.7 million, narrowing by approximately 71.2% from RMB151.6 million for the same period last year.Fourth Paradigm’s core business - the 4ParadigmSage AI Platform - continued to perform strongly. Benefiting from strong demand from enterprises for AI-native software, comprehensive upgrade of the 4ParadigmSage AI Platform, and timely development of a new AI productivity system, the Company successfully launched multiple industry-specific Agent application solutions and established an ecosystem of partner collaborations, driving significant revenue growth for the 4ParadigmSage AI Platform business. During the reporting period, the 4ParadigmSage AI Platform business generated revenue of RMB2,149 million, representing a year-on-year increase of 71.9%, accounting for approximately 81.8% of the Company's total revenue.In terms of expenses, during the reporting period, the total ratio of the Company’s three major expenses to revenue decreased from 58.2% to 44.5%, of which the scale effect of R&D investment has been fully demonstrated this year, with total R&D expenses increasing by approximately 5.1% compared to last year, while the expense ratio decreased by 11.5pct year-on-year to 34.0%. At the same time, the Company has always paid close attention to healthy cash flow and business quality. As of June 30, 2025, the balance of accounts receivable decreased significantly from RMB3,086 million at the end of last year to RMB1,967 million.“AI Agent + World Model” has been Deployed Comprehensively, Achieving Significant Commercial SuccessDuring the Reporting Period, Fourth Paradigm deepened the implementation and application of its “AI agent + World Model” strategy, effectively capturing the AI transformation demands of enterprise clients in high-value scenarios. The Company provides enterprises with AI solutions (enterprise-grade AIOS) that are deeply integrated with their business and engineered for implementation, rather than standalone tools. The value proposition of “AI agent + World Model” achieved comprehensive adoption among enterprise clients. The number of lighthouse users reached 90, an increase of four compared to the same period last year, and the average revenue per lighthouse user was RMB17.98 million, representing a year-on-year increase of 56.6%. This growth trajectory in average revenue per user indicates that the 4ParadigmSage AI Platform is rapidly becoming the AI productivity infrastructure for enterprises.According to a recent market share report released by IDC, Fourth Paradigm has ranked first in China’s machine learning platform market share for seven consecutive years in 2024.Continuously Exploring New Businesses, “AI+” Positioning for Future GrowthWhile focusing on the application of AI in traditional strong industries, Fourth Paradigm has never stopped exploring new areas of “AI+”. In response to “AI + Stablecoin”, the Company has successively introduced “AI + Stablecoin Risk Control & Compliance Solution” and “Stablecoin Underlying Asset Management Solution,” actively cooperating with leading securities firms to strategically expand into the stablecoin ecosystem. Committed to “AI + Energy Storage”, Fourth Paradigm focuses on power trading strategy optimization and smart power plant operation and maintenance, utilizing accumulated data models in the energy industry to solve industry pain points. In the future, Fourth Paradigm will continue to keenly capture cutting-edge trends, explore more possibilities for “AI+”, uncover new commercial value and application scenarios, open up new growth curves for the Company, lead the trend of artificial intelligence transformation, and help customers occupy a more advantageous strategic position in global AI industry competition.Ecological Construction and Edge-side Extension: “Phancy” Consumer Electronics Business Shows Strong Potential and is Poised for Promising Growth“Phancy” consumer electronics business, which was officially launched this year, has also performed well. As an important exploration by Fourth Paradigm to extend its AI capabilities to the end-user side, it has already launched and started selling a number of consumer electronics products, including smart watches, smart glasses, and smart earphones, in collaboration with partners in the first half of the year. In the future, it will expand into areas such as smart toys, smart wearable accessories, and embodied intelligence. Phancy is committed to building a comprehensive product ecosystem that brings AI capabilities into every household and benefits every individual.More importantly, Fourth Paradigm is gradually building a brand-new smart terminal device ecosystem. In May, 2025, the Company announced a deep cooperation with HarmonyOS and HiSilicon, integrating the Company’s AI model capabilities on the edge side with HiSilicon’s high-performance, low-power chips to jointly create an integrated smart hardware solution combining “AI + Operating System + Core Chips.” This collaboration injects strong innovative momentum into HarmonyOS’s ecosystem and empowers the new era of intelligent connectivity. At the same time, Fourth Paradigm entered into strategic partnerships with Bluetrum, Jieli Technology and Beken Corporation to deeply integrate leading AI communication chips with algorithms, providing end-to-end AI solutions for more consumer electronics products in the future and strengthening the Company’s underlying technological competitiveness.In terms of Strategic Outlooks, Dr. Dai Wenyuan, Chairman of the Board, Executive Director, Chief Executive Officer and General Manager of Beijing Fourth Paradigm Technology Co., Ltd. said, “In the first half of 2025, we have solidified our market leadership through superior products and technological capabilities, while proactively pursuing open ecosystem partnerships to lay the groundwork for future growth. In the future, we will continue to adhere to our core strategy of “technology-driven, customer value, and ecosystem win-win,” building AI productivity infrastructure that drives comprehensive corporate profitability, aiming to become a core driver of the AI era and lead the way toward the early arrival of the AGI era. We firmly believe that through continuous investment in technological innovation, Fourth Paradigm will remain at the forefront of the exploration and commercial implementation of AI technology.” Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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CBL International Reports 1H 2025 Results Highlighting Strong Biofuel Growth, Reduced Net Loss, and Improved Gross Profit Margin ACN Newswire

CBL International Reports 1H 2025 Results Highlighting Strong Biofuel Growth, Reduced Net Loss, and Improved Gross Profit Margin

September 4, 2025
KualaLumpur, Sep 5, 2025 - (ACN Newswire via SeaPRwire.com) – CBL International Limited (NASDAQ: BANL) (the “Company” or “CBL”), the listing vehicle of the Banle Group (“Banle” or “the Group”), a leading marine fuel logistics company in the Asia-Pacific region, has announced its unaudited financial results for the six months ended June 30, 2025 on September 2, 2025.1H 2025 Financial and Operational Highlights- Revenue of $265.17 million, reflecting resilient performance in a volatile macro environment.- Sales volume increased by 9.8%, driven by network expansion, new customer acquisitions, and expansion toward the non-container liner and biofuel segments.- Gross profit margin increased to 1.02% in 1H2025, reflecting the Company's strategic approach to maintaining profitability while growing market share in a competitive environment.- Net loss narrowed by 38.8% year-on-year to $992,000, demonstrating improved cost control and operating efficiency.- Biofuel sales surged 154.7%, driven by accelerating adoption of sustainable marine fuels under IMO 2023 and EU FuelEU Maritime regulations.- Global network expanded to 65 ports, strengthening CBL’s role as a global one-stop marine fuel logistics platform.- Cash balance of $5.43 million and $50 million committed banking facilities provide strong financial flexibility to support growth and shareholder value.Financial Performance OverviewThe Company reported consolidated revenue of $265.17 million for the six months ended June 30, 2025, representing a 4.4% decrease from $277.23 million in the same period of 2024. The decrease was mainly attributable to the decrease in the marine fuel price which was partially offset by the increase in the sales volume. The increase in sales volume was mainly driven by network expansion, new customer acquisitions, and expansion toward the non-container liner and biofuel segments. Furthermore, the Group’s network demonstrated the Group’s resilience to geopolitical impacts on the marine industry.Gross profit remained stable at $2.71 million with an increase in sales volume to cope with the challenging competition in the market, while gross profit margin increased from 0.98% in 1H2024 to 1.02% in 1H2025. This margin expansion reflects the Company's strategic approach to maintaining profitability while growing market share in a competitive environment.The Company reported a net loss of $992,000 for the six months ended June 30, 2025, representing a significant 38.8% improvement compared to a net loss of $1.62 million in the same period of 2024, primarily driven by disciplined cost management and operational efficiency initiatives that reduced operating expenses by 17% to $3.42 million from $4.12 million in 1H 2024.Cash and cash equivalents stood at $5.43 million as of June 30, 2025, supported by improved working capital management and expanded banking facilities of $50.0 million, providing enhanced financial flexibility for growth initiatives.Strategic Expansion and Operational ExcellenceCBL's operational expansion continued to be a key growth driver, with the Company's global service network reaching 65 ports by June 30, 2025, strategically positioned across Asia Pacific, Europe, Africa, and Central America. This expansion enabled CBL to effectively navigate geopolitical disruptions, particularly in the Red Sea region and the Middle East, along with the changes in global trade patterns due to the impact of U.S. tariffs policy, by capturing increased demand along alternative intra-Asia and Euro-Asia trade routes.Customer diversification reached a significant milestone, with non-container liner sales accounting for 36.9% of revenue, while sales concentration among the top five customers declined to 60.4% from 66.7% in 1H 2024. The Company continues to service nine of the world's top 12 container shipping lines, which contributed nearly 60% of global container fleet capacity.Additionally, biofuel sales demand was fueled by stricter environmental regulations, including IMO’s Carbon Intensity Indicator and the EU’s FuelEU Maritime, and surged 154.7% year-on-year in 1H2025, with volumes up 189.5%, reinforcing CBL’s forerunning position in sustainable marine fuels. The Company stayed ahead of this trend with the successful rollout of its B24 biofuel in China, Hong Kong, and Malaysia, followed by a 2025 launch in Singapore. The B24 blend, comprising 76% conventional fuel and 24% UCOME, delivers a 20% reduction in greenhouse gas emissions compared to traditional marine fuels.Stricter Environmental Regulations and Industry ReshapingDespite the unpredictability of U.S. trade policy, oil prices, and geopolitical risks, CBL remains cautiously optimistic about the outlook as further uncertainties could impact our results of operations for a particular period. Regarding the ongoing instability in the Red Sea, where vessels were rerouted via the Cape of Good Hope, CBL targeted the increased demand from rerouted vessels, ensuring that our strategic supply chain could meet these demands, allowing us to maintain the stability of our offerings and capitalize on the opportunities created by these disruptions.The adoption of biofuels and other sustainable marine fuels is accelerating as stricter environmental regulations reshape the shipping industry. Consultant agency Exactitude Consultancy is projecting a 50.4% CAGR for the green marine fuel market from 2023 to 2030, as demand for biofuels is expected to climb sharply. Leveraging its early move into sustainable fuels, CBL is expanding its biofuel supply chain and exploring LNG and methanol, positioning itself to capture growth while helping customers meet tightening decarbonization targets across Asia Pacific, Europe, and other key markets.Management Commentary and Future OutlookDr. Teck Lim Chia, Chairman and CEO of CBL International Limited, stated, “Our first half results highlight significant strategic progress. Despite a challenging macro backdrop, we successfully expanded our global network, accelerated our biofuel transition with triple-digit growth, and narrowed our net loss by nearly 40%. These achievements underscore our resilience, operational discipline, and confidence in long-term growth.As regulations tighten and customer demand for sustainable marine fuels accelerates, CBL is uniquely positioned as an early mover with the ISCC certifications and supply partnerships to lead the market transition. We remain focused on executing our strategy to deliver profitable growth and long-term shareholder value.”Outlook Looking ahead, CBL expects to:- Further scale its biofuel supply chain and explore LNG and methanol, leveraging regulatory support and customer adoption.- Continue expanding port coverage to enhance global connectivity.- Maintain disciplined cost management and capitalize on financial flexibility to invest in sustainable fuels and potential shareholder return initiatives.Webcast DetailsCBL International Limited (Nasdaq: BANL) cordially invites you to participate in a webcast to discuss its financial results for the six months ended June 30, 2025.Event:2025 Interim Results WebcastDate and Time:10:00 pm – 11:00 pm US EST on September 15, 2025 (Monday) 10:00 am – 11:00 am MST/HKT on September 16, 2025 (Tuesday)Access:The webinar can be accessed live through the website provided below.Webcast Link: https://webcast.roadshowchina.cn/k8WDrnAbout the Banle GroupCBL International Limited (Nasdaq: BANL) is the listing vehicle of Banle Group, a reputable marine fuel logistics company based in the Asia Pacific region that was established in 2015. We are committed to providing customers with a one-stop solution for vessel refueling, which is referred to as bunkering facilitator in the bunkering industry. We facilitate vessel refueling mainly through local physical suppliers in 65 major ports covering Belgium, China, Hong Kong, India, Japan, Korea, Malaysia, Mauritius, Panama, the Philippines, Singapore, Taiwan, Thailand, Turkey and Vietnam. The Group actively promotes the use of sustainable fuels and has been awarded the ISCC EU and ISCC Plus certifications.For more information about our Company, please visit our website at: https://www.banle-intl.com.Forward-Looking StatementsCertain statements in this announcement are not historical facts but are forward-looking statements. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “could,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “plan,” “should,” “would,” “plan,” “future,” “outlook,” “potential,” “project” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. They involve known and unknown risks and uncertainties and are based on various assumptions, whether or not identified in this press release and on current expectations of BANL’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of BANL. Some important factors that could cause actual results to differ materially from those in any forward-looking statements could include changes in domestic and foreign business, fuel prices and tariffs, market, financial, political and legal conditions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's filings with the SEC.CBL INTERNATIONAL LIMITED(Incorporated in the Cayman Islands with limited liabilities)For more information, please contact:CBL International LimitedEmail: investors@banle-intl.comStrategic Financial Relations LimitedShelly Cheng Tel: (852) 2864 4857 Iris Au Yeung Tel: (852) 2114 4913 Email: sprg_cbl@sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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