Category: ACN Newswire

HONG KONG, Sep 2, 2025 – (ACN Newswire via SeaPRwire.com) – On August 29, Yuzhou Group Holdings Company Limited (01628.HK) announced that its offshore debt management and restructuring efforts, which spanned over three years, have yielded decisive results. The offshore restructuring has officially taken effect, marking a key step in improving the Company’s liquidity and optimizing its financial structure, laying a solid foundation for future robust operations.Optimize Capital Structure, Enhance Financial Stability and Achieve Sustainable DevelopmentAfter multiple rounds of negotiations, the final arrangement encompassed 15 senior notes, one perpetual bond, four secured notes, one syndicated loan, and one bilateral loan. As consideration for the restructuring, Yuzhou Group issued new bonds with an optimized structure, including short-term, medium-term, and long-term bonds. This arrangement significantly reduced financing costs, lowered the Group’s outstanding offshore debt, alleviated financia…

HONG KONG, Sep 1, 2025 – (ACN Newswire via SeaPRwire.com) – Black Spade Capital Limited (“Black Spade”) recently held a private meeting with Ark Invest.Mr. Dennis Tam, President and CEO of Black Spade, met with Ms. Catherine Wood, CEO and CIO of Ark Invest, to discuss key trends in AI, robotics, blockchain applications, energy storage, and cellular sequencing. Ms. Wood expressed optimism about AI and robotics, noting these technologies will not just displace jobs but also create new opportunities. She highlighted the potential of blockchain and space exploration, emphasizing that the world is advancing toward a more innovative and interconnected future. Mr. Tam advised family offices to focus on digital assets, AI, and robotics-focused funds, stocks, and ETFs, as these sectors are set to drive global economic growth. He explained that industries integrating these innovations will see significant productivity gains, boosting competitiveness in a fast-paced market. He encouraged family offices to adjust their a…

HONG KONG, Aug 29, 2025 – (ACN Newswire via SeaPRwire.com) – Gome Retail Holdings Limited (Stock code: 493.HK, “Gome Retail” or the “Company”, together with its subsidiaries, “the Group”) announced its unaudited six-month results for the six months ended June 30, 2025 (the “Reporting Period”).Focusing on the main industry to consolidate the border, breakthrough in debt resolutionIn the first half of 2025, the external environment was complex and severe. Structural contradictions persisted in China, while the industry where the Group belongs showed some signs of recovery, they were still in the bottomingout phase. However, since the fourth quarter of last year, national policies have become more proactive, with the introduction of a number of important stimulus policies. The effects of these policies were further realised in the first half of 2025. Benefiting from these policy initiatives, the Group’s revenue, profit, and other indicators improved significantly during the Reporting Period. During the Reporting…

HONG KONG, Aug 27, 2025 – (ACN Newswire via SeaPRwire.com) – The 10th Belt and Road Summit, co-organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), will take place on 10 and 11 September 2025 at the Hong Kong Convention and Exhibition Centre. Under the theme Collaborate for Change • Shape a Shared Future, the Summit will bring together over 90 key officials and business leaders from 18 Belt and Road countries and regions and feature in-depth discussions on the immense opportunities arising from the Belt and Road Initiative across sectors including finance and investment, innovation and technology, professional services, infrastructure and maritime services. The Belt and Road Summit fosters long-lasting international collaboration and promotes the building of a sustainable future.Marking its 10th edition this year, the Summit will build on the successes of the past nine editions, by developing further into a leading platform for…

HONG KONG, Aug 29, 2025 – (ACN Newswire via SeaPRwire.com) – Analogue Holdings Limited (“Analogue” or the “Company”, together with its subsidiaries, the “Group”) (stock code: 1977), a leading provider of electrical and mechanical (“E&M”) engineering solutions, and information and communications technology services for smart cities, today announced its interim results for the six months ended 30 June 2025 (the “Period”) with contracts-in-hand achieving a record high of HK$13,085.0 million, providing a solid business foundation for the coming two years and beyond.Business Highlights- Revenue was HK$2,874.2 million with profit attributable to the owners of the Company at HK$80.8 million.- The total order intake increased by 39.8% year-on-year to HK$4,906.5 million. Within this, the intake of new maintenance contracts for infrastructure, housing programmes, and lifts and escalators increased 143.0% in the Period to HK$862.5 million, contributing to the recurrent revenue stream.- Overseas expansion was continu…

HONG KONG, Aug 29, 2025 – (ACN Newswire via SeaPRwire.com) – Black Spade Capital Limited (“Black Spade”) recommends that family offices place stronger emphasis on mainstream digital assets, artificial intelligence (AI), and robotics-related funds, stocks or ETFs, as these three sectors are poised to become the core drivers of future economic growth. With the deepening of digitalization and intelligent technologies, traditional industries that integrate these emerging innovations can not only significantly boost productivity but also greatly enhance operational efficiency —helping businesses maintain a competitive edge in an increasingly fierce market.Recently, Mr. Dennis Tam, President and CEO of Black Spade attended a private meeting with renowned investor Ms. Catherine Wood, CEO and CIO of Ark Invest to explore cutting-edge trends within her investment portfolio. Ms. Wood has made forward-looking investments in areas such as AI, robotics, blockchain applications, energy storage, and cellular sequencing. Com…

HIGHLIGHTS:- The Group’s gross billings amounted to approximately RMB1,705.4 million, representing an increase of approximately 83.3% from approximately RMB930.5 million for the Corresponding Period.- The Group’s total revenue was approximately RMB2,099.7 million, representing an increase of approximately 133.8% from approximately RMB898.1 million for the Corresponding Period.- The profit attributable to Shareholders of the Group was approximately RMB865.4 million, as compared to the net loss attributable to Shareholders of approximately RMB174.2 million for the Corresponding Period.- Taking into account the financial and cash flow positions of the Group, the Board recommends the payment of an interim dividend of approximately HKD238.9 million for the six months ended June 30, 2025, representing HKD0.51 per share (in cash).HONG KONG, Aug 29, 2025 – (ACN Newswire via SeaPRwire.com) – JF SmartInvest Holdings Ltd (the “Company” ; together with its subsidiaries, the “Group” or “we”) is pleased to announce its una…

West Palm Beach, FL, Aug 28, 2025 – (ACN Newswire via SeaPRwire.com) – U.S. Polo Assn., the official sports brand of the United States Polo Association (USPA), has agreed to a multi-year partnership as the new title sponsor of The Palm Beaches Marathon. The U.S. Polo Assn. Palm Beaches Marathon, a race owned and managed by Ken Kennerly’s K2 Sports Ventures, will be held in Downtown West Palm Beach, Florida, on December 13-14, 2025.USPA MarathonThis renowned marathon event is recognized for its beautiful views of the waterfront and palm-tree-lined streets and welcomes runners from across the country and around the world to the warmth of Florida during the cold winter months. It is also a qualifier for the legendary Boston Marathon.”U.S. Polo Assn. is honored to be the Title Sponsor of The Palm Beaches Marathon, an iconic event that, like our brand, is deeply rooted in this vibrant community of Palm Beach County,” said J. Michael Prince, President and CEO of USPA Global, the company that oversees the global, mu…

HONG KONG, Aug 28, 2025 – (ACN Newswire via SeaPRwire.com) – Shoucheng Holdings Limited (0697.HK, hereinafter referred to as “Shoucheng Holdings”), Beijing Shoucheng Robotics Technology Industry Co., Ltd. (hereinafter referred to as “Shoucheng Robotics”), IAT Automobile Technology Co., Ltd. (300825.SZ, hereinafter referred to as “IAT”), and Beijing IATROBOT Technology Co., Ltd. (hereinafter referred to as “IATROBOT”) officially signed a strategic cooperation framework agreement.The four parties will leverage their respective strengths to carry out comprehensive cooperation in technological innovation, application deployment, industry chain collaboration, and talent cultivation within the robotics sector, jointly accelerating the development of new business models in the “Robotics + Automobiles” field.I. Industry Background: Robotics Entering the Acceleration Phase of Application DeploymentAt present, the global robotics industry is in a stage of rapid development, with national strategies and policies being i…

Financial Highlights (Unaudited)(HKD Thousand)Six months ended 30 June20252024Revenue122,775135,347Gross Profit47,27748,767Profit Attributable to Owners of the Company8,17218,510Gross Profit Margin39%36%Basic Earnings per Share (HK cents)0.581.31HONG KONG, Aug 28, 2025 – (ACN Newswire via SeaPRwire.com)  Dynasty Fine Wines Group Limited (“Dynasty” or the “Group”) (Stock Code: 00828), a premier grape winemaker in China, today announced its unaudited interim results for the six months ended 30 June 2025.In the first half of 2025, as the Group strengthened the effort for dry white market in coastal region and the new launch of white wine and sparkling wine products, the Group’s sales revenue of white wine products maintained a good momentum. But due to the impact of macroeconomy, fluctuations in consumer market in the PRC, as well as increase in marketing and promotion expenses, the Group’s revenue for the first half of 2025 decreased by 9% to approximately HKD 123 million compared to the same period in 2024. Pr…

Healthy pipeline, diversification and cost discipline position the Company for long-term growthKey Financial Performance Highlights for the Financial Year (FY2025):- Group’s total revenue for the financial year is RM222.7 million, mainly driven by the e-mobility and energy storage segment, supplemented by the electronics segment.- Recorded LAT of RM40.9 million for Q4FY2025 and LAT of RM27.2 million for the financial year.BANGI, Malaysia, Aug 28, 2025 – (ACN Newswire via SeaPRwire.com) – Technology leader in providing turnkey, intelligent manufacturing automation solutions, Genetec Technology Berhad (“Genetec” or the “Company”), today announced its financial results for the year ended 30 June 2025 (“FY2025”). The Company reported a gross profit of RM12.7 million for FY2025, supported by continued deliveries in the e-mobility and energy storage segments. The Company recorded a loss after tax (LAT), mainly reflecting higher logistics costs and non-operational, one-off expenses, while underlying fundamentals rem…

HONG KONG, Aug 29, 2025 – (ACN Newswire via SeaPRwire.com) – China Everbright Limited (“CEL” or “the Company”, stock code: 165.HK) announced its Interim results for the six months ended 30 June 2025 (“the reporting period”).Highlights of the 2025 Interim Results- Strong Growth: Total income reached HK$2,068 million, representing a significant increase compared with  the same period last year;- Turning Around from Loss to Profit: During the reporting period, the Company recorded a profit of HK$650 million, of which the net profit attributable to shareholders of the Company was HK$399 million, successfully turning around from a net loss;- Fundraising Increase: The total assets under management (AUM) of CEL’s funds amounted to approximately HK$119.4 billion, with new fundraising amounting to approximately HK$2,741 million;- Successful Exits: The total exits from funds and principal investments amounted to HK$2.018 billionï¼›with a MOIC (multiple on invested capital) of approximately 2.78 times;- Cost Control and…

HONG KONG, Aug 29, 2025 – (ACN Newswire via SeaPRwire.com) – FWD Group Holdings Limited (“FWD Group” or “FWD”) today announced its interim results for the six months ended 30 June 2025.- New business sales were up 38 per cent to US$1.246 billion compared to 2024 on an annualised premium equivalent (APE) basis. New business contractual service margin (CSM) of US$794 million, with year-on-year growth of 34 per cent.- Operating profit after tax was up 9 per cent to US$251 million with continued positive contributions from each of the company’s four geographic reporting segments: Hong Kong SAR & Macau SAR; Thailand & Cambodia; Japan; and Emerging Markets.- Net profit of US$47 million is a record interim result under IFRS 17.- Further improved financial flexibility with an upgrade to FWD Group’s ratings – with its notional insurer financial strength rating now A2 – as announced by Moody’s in July 2025. Maintained a strong capital position with a 283 per cent solvency ratio* and net underlying free surplus …

HONG KONG, Aug 29, 2025 – (ACN Newswire via SeaPRwire.com) – Tianneng Power International Limited (the “Company”, together with its subsidiaries, collectively referred to as the “Group” or “Tianneng”), (Stock Code: 00819.HK) releases its interim report for the six-month period ended 30 June 2025.In the first half of 2025, adhering to the Group’s vision of Strategic Guidance and Reformation Breakthrough, Tianneng coordinated the three-wheeled strategy of Industry, Technology, and Capital. While solidifying the core competency of the lead-acid battery business, the Group also accelerated the expansion of overseas markets, released the Group’s built-up potential in new-energy battery, deepened the vertical construction of the battery recycle system, and drove the diversification of products and sustainability.Within the reporting period, the Group made a strategic pivot to reduce the trade business, achieved RMB 21.168 billion in revenue for the manufacturing business, which was stable compared to the same perio…