HONG KONG, Mar 25, 2025 - (ACN Newswire via SeaPRwire.com) - On March 24, 2025, Tingyi (Cayman Islands) Holding Corp. (0322.HK, the “Company”, together with its subsidiaries, the “Group”) is pleased to announce its 2024 annual results. In 2024, facing numerous challenges brought about by a complex environment, the Group adhered to long-termism, actively promoted high-quality development, continuously optimized its product structure, actively advanced innovation and upgrading, strengthened channel construction, and accurately captured consumption trends, and achieved steady growth in various financial indicators. For the twelve months ended December 31, 2024, the Group’s revenue grew 0.3% year-on-year to RMB80.651 billion. Among these, the revenue from Instant Noodles was RMB28.414 billion, while the revenue from Beverages was RMB51.621 billion. Gross profit margin improved by 2.7 percentage points year-on-year to 33.1%. EBITDA grew 17.3% year-on-year to RMB9.628 billion. The board of directors proposed to distribute a final dividend of RMB33.14 cents per common share and a special dividend of RMB33.14 cents per common share. The dividend payout ratio for the year reached 100%.Financial Summary For the twelve months ended 31 December RMB’00020242023ChangeRevenue80,650,91480,418,075↑ 0.3%Gross margin33.1%30.4%↑ 2.7 ppt.Gross profit of the Group26,695,64324,467,089↑ 9.1%EBITDA9,627,8028,206,526↑ 17.3%Profit for the period4,322,1353,516,667↑ 22.9%Profit attributable to owners of the Company3,734,4293,117,461↑ 19.8%Earnings per share (RMB cents)   Basic66.2855.33↑ 10.95centsDiluted66.2855.31↑ 10.97centsAs at 31 December 2024, cash at bank and on hand (including long-term time deposits) was RMB16,002.668 million, representing an increase of RMB1,264.287 million when compared to 31 December 2023. Gearing ratio was -19.3%.In 2024, China’s economy maintained steady growth. with GDP growing by 5.0% YoY, and the CPI increasing slightly by 0.2%. Against this macro-economic backdrop, consumer behaviour patterns changed, showing a more cautious and rational consumption tendency. Their attention to emotional value, health, green environmental protection, quality and cost effectiveness increased significantly. At the same time, shopping channels kept evolving, with offline hypermarkets declining, warehouse membership stores growing, and proximity-based small-format retail, including grocery stores and small supermarkets showing considerable market growth potential. In the face of consumption changes and channel reforms, enterprises needed to gain precise insights into consumer demands, grasp channel development trends, innovate products tailored to consumer needs, capture market opportunities, and earn consumer trust. This enabled them to achieve steady growth and high-quality development in an intensely competitive market.In 2024, the gross profit of the Instant Noodles business improved steadily. The revenue from Instant Noodles business was RMB28.414 billion, declining by 1.3% year-on-year, accounting for 35.2% of the Group’s total revenue. During the year, due to favourable selling prices and raw material prices, the gross profit margin of Instant Noodles business grew 1.6 percentage points year-on-year to 28.6%, which offset the impact of revenue decline. As a result of the year-on-year increase in gross profit margin, the profit attributable to shareholders of the Company in the Instant Noodles segment grew 1.8% year-on-year to RMB2.045 billion. During the year, in an increasingly differentiated market environment, the Instant Noodle business continued to focus on its core products, driving upgrades and iterations, optimizing marketing strategies, and gradually improving the gross profit structure. Through cooperation with reputable IP/brand ambassadors, the business launched the "brand vehicle" mobile marketing model, engaging directly with young consumer groups in high-traffic areas such as campuses. These efforts significantly enhanced brand awareness and influence. In addition, efforts were made to stay on top of transforming consumer shopping habits and seize the emerging channels opportunities. At the same time, adhering to aerospace quality as the benchmark, the Group introduced advanced aerospace food technology, becoming the first enterprise in the instant noodles industry to obtain the patent for aerospace application. This further consolidated and demonstrated the product quality advantages and technological strength, playing a leading role in driving high-quality industry development.In 2024, The overall revenue from Beverage business was RMB51.621 billion, with a year-on-year growth of 1.3%, accounting for 64.0% of the Group’s total revenue. During the year, benefiting from favourable product pricing strategies, the gross profit margin of Beverage business grew 3.2 percentage points year-on-year to 35.3%. As a result of the increase in gross profit margin, the profit attributable to the shareholders of the Company in the Beverage segment grew 52.3% year-on-year to RMB1.919 billion. During the year, the Beverage business focused on building scale advantages. It continued to consolidate its core categories while strategically expanding into new ones. By carefully introducing sugar-free products, it aimed to meet consumer demand for health and functional benefits while actively broadening its product range. Through a series of measures including optimizing category management, expanding emerging channels, improving distribution service quality, implementing precise cost control, increasing capital turnover efficiency, and enhancing supply chain effectiveness, the Group remained committed to improving operational efficiency and driving steady development and sustainable growth.Mr. Richard Chen, Chief Executive Officer, commented, “In 2025, the core driving force for China's economic growth is expected to rely on domestic demand. The Group will always adhere to the development strategy of “Consolidate, Reform and Develop”, continue to deeply cultivate its main business, deepen its sustainable development, and strive to achieve high-quality development. The Group will continue to increase investment in product innovation, brand building, and channel expansion, accurately capture market trends, establish an innovation mechanism oriented towards consumer needs, and further deepen the emotional connection between the brand and consumers. With precise market insights and well-planned channel strategies, it will continuously optimize channel efficiency and service quality. At the same time, it will actively promote lean procurement management and significantly improve intelligent management levels through the comprehensive application of digitalization and AI technologies. We will adhere to the concept of sustainable development, actively fulfil social responsibilities, strive to provide high-quality services to customers, create long-term value for consumers, achieve sustainable and substantial returns for shareholders, and build Tingyi into a National Brand that is trusted by the government, creates win-win partnerships, and is widely recognized and favoured by consumers.”About Tingyi (Cayman Islands) Holding Corp. (0322.HK)Tingyi (Cayman Islands) Holding Corp. (the “Company”), and its subsidiaries (the “Group”) specialise in the production and distribution of instant noodles and beverages in the People’s Republic of China (the “PRC”). The Group started its instant noodle business in 1992, and expanded into instant food business and beverage business in 1996. In March 2012, the Group further expanded its beverage business by forming a strategic alliance with PepsiCo for the beverage business in the PRC. The Company exclusively manufactures, bottles, packages, distributes and sells PepsiCo soft drinks in the PRC. After years of hard work and accumulation, “Master Kong” has become one of the best-known brands among consumers in the PRC.Investor Enquiries:Investor Relations Team, Tingyi (Cayman Islands) Holding Corp.E-mail: ir@tingyi.comChristensen China LimitedE-mail: stephanie.chen@christensencomms.comTel: +852 2117 0861 Copyright 2025 ACN Newswire via SeaPRwire.com.

SINGAPORE, Mar 27, 2025 - (ACN Newswire via SeaPRwire.com) - Say hello to Tavo, the new name in pet mobility that is about to revolutionise the way pets travel. From the creators of Nuna, the globally renowned Dutch premium baby gear, Tavo makes its highly anticipated debut in Singapore with the Maeve™ 3-in-1 Pet Protection System, the first pet car seat in Singapore rigorously tested against international children’s safety standards.Drawing upon Nuna’s decades of safety innovation in baby gear, Tavo applies the same high standards of safety and innovation to pet travel. Designed for modern “pawrents” seeking enhanced protection, confidence, and peace of mind, Tavo redefines pet mobility by seamlessly combining premium materials, timeless aesthetics, and unmatched functionality—because pets deserve the same level of safety and comfort as our little ones.In a city where pets are truly family, Singapore’s pet-loving community continues to grow, with 34% of Singaporeans owning a pet and an increasing demand for safer, high-quality, and more comfortable pet travel solutions. Tavo is shaking up the pet mobility space with a first-of-its-kind travel system that fuses safety, functionality, and aesthetics, promising innovation and security on each journey with your cherished companion."We believe pets are members of the family. Nuna has dedicated years to pioneering innovation in child safety, and now, we're excited to extend that commitment to our four-legged companions with Tavo," said Austin Hodges, Global Chief Marketing Officer at Nuna Baby. "Our goal for providing the best in safety and comfort knows no bounds, whether it's for your little one or pets."Helen Johnson, Marketing Director at Tavo adds, “Protection is what makes the Maeve such a must needed product for pet owners. Not only does it protect your pet, but it also protects others traveling with you, it reduces distractions, keeps your car clean and fur-free, and offers a comforting cocoon for every journey.”Maeve™ 3-in-1 Pet Protection System: Where Safety Meets Thoughtful DesignBringing a new level of protection and convenience to pet owners on the move, the award-winning1 Maeve™ Pet Protection System offers an all-in-one solution for pets—whether furry, scaly, young, or senior—designed to keep them secure and comfortable at home, in the car, or on a walk. The 3-in-1 Pet Protection System includes:Maeve Carrier: A secure, well-ventilated pet carrier crafted with plush interiors and breathable mesh panels for comfortVehicle Base: An integrated secure locking mechanism using ISOFIX and dynamic stability controls, ensuring pets stay safe on the roadRoscoe™ Foldable Stroller Frame: A sleek and lightweight frame designed for effortless mobility, with refined details for a polished finishAt the core of the Maeve™ Pet Protection System is an unwavering commitment to safety through cutting- edge engineering and technology. Unlike traditional pet carriers, the Maeve™ system is benchmarked against the latest United Nations ECE R129 child restraint regulations, setting a new global standard for pet protection. Rigorously crash-tested at dynamic testing facilities, it incorporates shock-absorbing technology and impact-resistant materials, safeguarding pets while shielding vehicle occupants against sudden stops and collisions.In addition, the system also boasts ergonomically engineered attachment points and a smart harness integration that work in harmony to prevent accidental escapes, enhancing overall security, and providing a level of confidence that truly redefines the standard of care on the road.The Maeve™ with ISOFIX base starts at S$699, available in five luxe colourways: Onyx, Fawn, Merle, Sable, and Brindle. There are also coordinating options for the Roscoe stroller frame, which is accented with vegan leather details in black, cognac, and chocolate, for combining form and function for an elevated travel experience. The stroller frame can also be purchased separately, and features a compact fold for easy storage.The full collection is now available at iShopChangi, with additional pet protection travel gear launching soon.Following its successful launch in over 22 countries, Tavo is set to redefine pet mobility in Singapore with a commitment to safety, quality, and thoughtful craftsmanship. As the brand looks to expand further into the region in the coming months, it will continue to pave the way for a new era of pet travel – where protection meets effortless style.1 Winner of Red Dot Product Design Award 2024, European Product Design Award (EPDA) 2024 – Top Design in Pet Supplies: Safety About NunaNuna, the global brand with Dutch roots, has been focusing on creating smart, helpful and bold baby gear since 2007. First-hand experiences in parenthood show that practicality and beauty is the perfect balance when it comes to Nuna's clever solutions that span across car seat, stroller, and in-home categories. Inspired by the clean lines and ingenuity of Dutch design, the collection is as easy, safe, and as flexible as new parents need it to be. With thoughtful design put into every detail, Nuna designs around your life. Find out more at https://nunababy.com/sg.About TavoTavo is a revolutionary pet protection brand from the makers of Nuna Baby, created to redefine pet travel with a perfect blend of safety, style and innovation. With premium materials, timeless aesthetics, and rigorous safety testing, Tavo provides pets and their people with perfect travel experiences. Whether you're on a daily outing or an extended journey, Tavo ensures your pet travels safely anywhere. To learn more about Tavo, visit https://tavopets.com/sg/. Press ContactFor media queries, please contact:PRecious Communications for Tavotavopets@preciouscomms.com Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Mar 28, 2025 - (ACN Newswire via SeaPRwire.com) - On March 26, CALB Group Co., Ltd. ("CALB" or "the Company," stock code: 3931.HK) announced its audited annual results for the year ended 31 December 2024 (the "Reporting Period").In 2024, with increasing economies of scale, the Company achieved solid growth in annual results. During the Reporting Period, the revenue of the Company increased from RMB27,005.89 million for the year ended 31 December 2023 to RMB27,751.53 million for the year ended 31 December 2024, representing an increase of 2.8%; the Company’s profit for the year increased from RMB437.16 million for the year ended 31 December 2023 to RMB843.63 million for the year ended 31 December 2024, representing an increase of 93.0%. The basic earnings per share of the Company increased from RMB0.1661 for the year ended 31 December 2023 to RMB0.3336 for the year ended 31 December 2024, representing an increase of 100.8%.As a leading international new energy company, the Company made comprehensive efforts in all market fields during the Reporting Period and achieved sustained rapid development. According to the latest statistics from SNE Research, the Company’s installed capacity of EV batteries in 2024 ranked fourth globally and third domestically. According to InfoLink, the Company’s energy storage cell shipments ranked fifth globally in 2024.In 2024, the Company deepened collaboration in domestic markets, achieving steady growth in installed capacity. During the Reporting Period, the Company’s solutions were integrated into 25 new vehicle models, cumulatively equipping over 2 million units nationwide, with an accumulated delivery volume exceeding 100GWh. In the field of pure electric vehicle, the Company successfully supported the upgrade, iteration, and mass production of flagship models for customers such as XPeng, Geely, Changan and GAC. Furthermore, the Company realized delivery in batches of new models for multiple joint venture brand, advancing the construction of a multi-dimensional market system; In the hybrid electronic field, the Company has accelerated collaboration on new hybrid projects with Geely and Leapmotor, while successfully supported the mass production of multiple hybrid models for customers such as Chery, Dongfeng, and BAIC, with the Company’s installed capacity continued to experience rapid growth, with a year-on-year increase of nearly 200%; In addition, in the international market, the Company accelerated its global layout and secured nominations from international brands such as Toyota, Honda, Volkswagen, and Audi, while continuously expanding its customer base in Europe and Southeast Asia. During the Reporting Period, the Company’s delivery volume steadily increased, with a growing variety of product types delivered. The Company’s overseas installed capacity grew by 105% year-on-year, hitting another record high. Furthermore, in the commercial vehicle market, the Company’s Annual New Vehicle increased by 150% year-on-year, while its domestic installed capacity grew by 85.2% compared to the same period last year, achieving comprehensive coverage of mainstream products and full-scenario empowerment. The Company has successfully penetrated leading customers such as Chery, Geely, Ruichi, Foton, Dongfeng, Changan, and King Long, providing comprehensive support and delivery for the industry’s mainstream models.In the energy storage market, the Company’s energy storage cell shipments surpassed 5GWh in a single month, and the business results in terms of shipments achieved a sustained substantial growth. The Company’s 314Ah battery cells products are the first in the industry to pass certification and the first to achieve large-scale and stable delivery in batches, earning high customer recognition for both product quality and delivery capabilities. During the Reporting Period, the Company achieved major breakthroughs in the international market, completed the admission process with a number of international top energy storage owners, EPCs, integrators and suppliers, enlisted in the whitelist of these customers, achieved the delivery in batches. As a supplier of high-performance energy storage cells, the Company secured and delivered the entire 7.8GWh order for the world’s largest energy storage project in 2024, and successfully launched its first self-invested power station project. At the same time, the Company's achievements in the ship market are equally significant. the Company secured the first electric vessel project from the world’s largest oil company. Additionally, the Company won its first international order for a megawatt-level marine battery system, achieving a breakthrough in the “offshore engineering vessel” sector. The Company’s electric vessels also gained traction with batch orders at Singapore’s port, while successfully penetrating the high-end yacht market in the United States.Steering rapid development by innovation, the Company adheres unwaveringly to the strategy of consolidating its leadership in products and technologies. Propelled by a future-oriented R&D layout, the Company pushes forward the constant advancement of battery technology from multiple dimensions such as innovations in materials, structures, manufacturing as well as systems, whereby the Company possesses a number of leading technologies and products worldwide, and builds on hard-core product capabilities in all scenarios, thus bringing the development of the industry to a new height. In 2024, the Company has successfully launched new product series: “Top-tier”, “UltraRange”, “UltraLife”, and “Boundless”. These products feature comprehensive innovations and advancements in high energy density, enhanced safety, extended lifespan, ultra-fast charging, and all-weather performance, providing comprehensive and valuable full-scenario product solutions to the market and its customers. Meanwhile, putting together its own technical capabilities and industrialization strength, the Company constantly pursued the high energy density and stable safety performance of EV batteries, launching more competitive new products of ternary series and phosphate series. The Company continued to maintain its product leadership by devoting its efforts in power energy storage (new energy power generation and power grid), industrial and commercial energy storage, household energy storage and other application scenarios.About CALBCALB is a new energy enterprise specializing in the research, production, sales, and market application development of lithium batteries, battery management systems, and related integrated products and lithium battery materials. As Battery Expert, we aim to build a comprehensive energy operation system, to provide complete product solutions and full life-cycle management for the new energy application market, represented by power and energy storage.Currently, CALB has completed an all-round layout in domestic by setting up industrial bases in Changzhou, Xiamen, Wuhan, Chengdu, Hefei, Jiangmen and Meishan. Meanwhile, CALB has set up bases in Europe and ASEAN, vigorously expanding the layout all over the world to become a global leading enterprise with large-scale intelligent manufacturing capabilities. Copyright 2025 ACN Newswire via SeaPRwire.com.

- With total exports of lighting products on the rise and strong demand for smart lighting products, the two lighting fairs in early April will bring together some 1,000 exhibitors to showcase a wide range of the latest lighting products.- The Smart Lighting Expo returns to showcase innovative smart lighting products, solutions and smart connected lighting technologies- The Greenovation zone debuts this year at the Spring Lighting Fair, showcasing green lighting and smart home products and innovationsHONG KONG, Mar 28, 2025 - (ACN Newswire via SeaPRwire.com) - The 2nd Smart Lighting Expo and 16th Hong Kong International Lighting Fair (Spring Edition), organised by the Hong Kong Trade Development Council (HKTDC), will open from 6 to 9 April at the Hong Kong Convention and Exhibition Centre, showcasing innovative and eco-friendly lighting solutions. The two fairs will bring together some 1,000 exhibitors, providing buyers with a one-stop sourcing platform to meet the ever-changing market needs. The Smart Lighting Expo continues to be an event during Business of Innovation & Technology Week (BIT Week).Sophia Chong, Deputy Executive Director of the HKTDC, said: “This year, the theme of the twin lighting fairs is Go Smart Live Green, presenting products and technologies from the smart lighting supply chain and traditional lighting products to enhance smart living and promote sustainability. Despite the challenges in the global economy and exports, the performance of lighting products remains satisfactory, with Hong Kong's total exports of lighting products increasing by 5 percent in 2024. The major export markets were the Mainland China, the EU and United States, demonstrating the growth potential of these products, especially smart lighting products.”Smart Lighting Products experience ideal growthAccording to Global Market Insights, the international smart lighting market size was valued at US$15.8 billion in 2024 and is estimated to grow at a 19.3% compound annual growth rate from 2025 to 2034. This growth is driven by several factors including smart city initiatives, the rapid expansion of smart home technologies, and ongoing technological innovations in smart lighting solutions.The Smart Lighting Expo returns this year and offers a comprehensive platform for the entire supply chain, showcasing smart lighting technologies, human-centric designs, energy-efficient innovations and much more. In addition to the ‘Smart Lighting Products & Solutions’ and ‘Connected Lighting Technologies’ zones, this year's Expo will also feature exhibitors of Digital Displays & Signage for the first time, focusing on advanced solutions in response to the growing demand for digital displays and signage in the global market.The Shanghai Pudong Intelligent Lighting Association will return and host the Smart Ecosystem and IoT Supply Chain Area, featuring brands such as Bweetech, Creatrol Intelligence, LEDiFUTURE, Shuncom AIoT, TYF and many more. In addition, there will be group pavilions from Guangdong - Hong Kong – Macao Greater Bay Area with two new pavilions from Shenzhen, including a SZSA Smart Lighting Pavilion brought by Shenzhen Semiconductor Association, and the returning Zhongshan Pavilion, presenting a wide array of innovative lighting solutions.Spring Lighting Fair launches Greenovation zoneThe concurrent Spring Lighting Fair will continue to serve as a one-stop trading platform for diverse lighting products. This year sees the brand new Greenovation zone which will showcase green lighting and smart home products in response to the increasing demand for sustainable solutions. At the Hall of Aurora, more than 170 renowned brands will showcase innovative lighting products and technologies while other lighting product zones include commercial, decorative, residential, technical and accessories.Quality design and innovative technology act as great value-addersEach year, the expo showcases breakthrough lighting products with added value and innovative design elements. The do it yourself (DIY) market continues to thrive, with related lighting products gaining more popularity. One standout product is the Leaves DIY camping light, from KTE Electrical Limited (booth 1E-E24), which won an iF Award. It utilises flexible tracks as carriers and a portable battery as the main power supply, enabling a diversified light connection that makes camping activities more exciting. Another notable product is XRibbon, an ultra-thin LED light strip from Huitron Limited (booth: 1E-C24). Crafted from a flexible material and offering customisable light colours, it is ideal for indoor and outdoor decorative applications. This product has also received the Red Dot Design Award.In addition to great designs, many manufacturers incorporate technological elements to their products, such as artificial intelligence (AI) and Internet of Things (IoT) solutions, to enhance product intelligence. Kinglumi Co., Ltd's Caimeta AIoT (booth: 1B-A10) is a secure, digital and Intelligent IoT platform that provides end-to-end connected lighting solutions tailored for the retail, commercial, residential, education, and hospitality sectors. Shanghai Shuncom Aiot Co., Ltd. (Booth: 1A-C13) offers intelligent building internet solutions for systems such as energy consumption, security, environmental monitoring, lighting control and more, facilitating efficient intelligent building management.Lighting products are widely used in large-scale projectsMany products showcased at the two fairs have already been applied to various large-scale projects. Located at the Greenovation zone, Essence Sanitary Ware’s LED mirror (booth: 3E-C01) combines advanced light control technology to offer smart lighting solutions, featuring adjustable brightness and anti-fog technology. It is equipped with a magnifying mirror, Bluetooth speakers, a digital clock, Wi-Fi weather updates, USB ports, a wireless charging shaving socket, and a smart panel to enhance comfort and convenience. This innovative product is adopted in the residential sector and major hotel projects in the United States, including Hilton and Marriott. At the Hall of Aurora, Hong Kong’s ODM Master Limited (Booth 1E-D28), will present its Deco Pixel Bar that is suitable for any building wall or facade, even narrow ones, that has already been installed in many commercial buildings.Experts discuss market trendsIn addition to showcasing products, the twin lighting fairs will feature forums where industry players will share their insights on the latest trends and developments in the lighting industry. These forums provide a valuable platform for knowledge exchange and networking among industry professionals. The Asian Lighting Forum will take place on 6 April to facilitate the lighting industry to adapt to the latest market standards and illustrate the Environmental, Social, and Governance (ESG)development through case studies. The following day, industry experts will present technological advancements in human-centric lighting and comprehensive intelligent customised lighting application across different scenarios in the Smart Lighting Solution Forum.Providing Buyers with a seamless sourcing journeyThe events will adopt the EXHIBITION+ hybrid model, enhanced by the "Click2Match" online smart business matching platform, available from 30 March to 16 April and "Scan2Match" will be also available at the fairs, serving as a feature designed to bridge offline and online interactions. With the HKTDC Marketplace App, buyers can scan dedicated QR codes from exhibitors to bookmark their favourites, access product information, view electronic floor plans, and engage in conversations with exhibitors even after the fair, allowing them to seamlessly continue their sourcing journey.To attract exhibitors and buyers from key markets, the HKTDC is offering special airfare deals and value-for-money hotel accommodation while more than 40 hotels are offering special booking discounts for trade buyers and four airlines are providing discounted airfares for overseas buyers and exhibitors. For more details, please visit the fair websites.Business of Innovation & Technology Week (BIT Week) packed with innovation eventsDriven by the Government of the Hong Kong Special Administrative Region’s Innovation, Technology and Industry Bureau and the HKTDC, the Business of Innovation & Technology Week (BIT Week) in April 2025 brings together a series of tech-related exhibitions, conferences, seminars, roundtables and networking events in Hong Kong, setting the perfect scene for industry exchanges and cross-disciplinary collaborations. A series of exciting events during the week, including the Smart Lighting Expo, InnoEX, Hong Kong Electronics Fair (Spring Edition), Hong Kong Web3 Festival and the Hong Kong World Youth Science Conference, are must-attend technology events for the industry.Photo download: https://bit.ly/445yo42The 2nd Smart Lighting Expo and 16th Hong Kong International Lighting Fair (Spring Edition), will open from 6 to 9 April 2025, bringing together some 1,000 exhibitors. Photo shows the scene at the two fairs last yearSmart Lighting Expo returns to showcase the latest smart lighting products and solutionsIn collaboration with Shanghai Pudong Intelligent Lighting Association, the Smart Ecosystem and IoT Supply Chain Area in Smart Lighting Expo will showcase the latest lighting solutions from renowned brands. Photo shows the scene at the zone last yearThe Greenovation zone will debut at the Spring Lighting Fair, showcasing innovative green lighting and smart home productsSpring Lighting Fair’s Hall of Aurora, will see more than 170 renowned brands and showcasing innovative lighting products and technologies. Photo shows the scene at the zone last yearAsian Lighting Forum and Smart Lighting Solution Forum will take place on 6 April and 7 April respectively, with Industry experts sharing the newest trends and developments in the lighting industry. Photo shows the scene of last year's Asian Lighting ForumFair informationDateOpening hours6-8 April 2024 (Sunday to Tuesday)9:30am – 6:30pm9 April 2024 (Wednesday)9:30am – 5pmVenueHall 1A-E and 3C-E, Hong Kong Convention and Exhibition Centre, 1 Expo Drive, Wan ChaiPress registration counter and media centreFor registration, could members of the press please present their name cards and press passes at the counter located at the concourse of Hall 1CD, Hong Kong Convention and Exhibition Centre, or visit the HKTDC media centre (G/F of Hong Kong Convention and Exhibition Centre near the Expo Drive entrance)Fair websitesSmart Lighting Expo: smartlightingexpo.hktdc.comHong Kong International Lighting Fair (Spring Edition): hklightingfairse.hktdc.comActivity schedule: https://www.hktdc.com/event/smartlightingexpo/en/programmeHKTDC Media Centre: https://mediaroom.hktdc.com/enMedia enquiriesPlease contact HKTDC’s Communication & Public Affairs Department:Stanley SoTel: (852) 2584 4049Email: stanley.hp.so@hktdc.orgSerena CheungTel: (852) 2584 4272Email: serena.hm.cheung@hktdc.orgClayton LauwTel: (852) 2584 4472Email: clayton.y.lawuw@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Mar 26, 2025 - (ACN Newswire via SeaPRwire.com) - The findings of the 1Q25 HKTDC Export Confidence Index showed confidence among Hong Kong exporters has risen moderately, despite the sizable tariff hikes imposed by the US on its trading partners around the world.In specific terms, the Current Performance Index (a measure of actual performance for the quarter in question) rose by 1.8 points to 52.1. Equally reassuringly, the Expectation Index (a measure of confidence in likely performance in the coming quarter) was up by 1.0 points to 51.0. Both readings were above the watermark level of 50, which can be taken as confirming general optimism with regard to future export prospects.Given the likely impact of the series of higher tariffs imposed by the US in the last two months, the HKTDC has slightly adjusted its 2025 Hong Kong export growth forecast from 4% to 3%. There remains a downside risk to the forecast given the uncertainty over any future escalation in global trade tension.Commenting on the revised forecast and the 1Q25 findings, Irina Fan, Director of HKTDC Research, said: “It’s a testament to the resilience of Hong Kong’s export sector that growth is still indicated. While export business may be growing at a moderately slower rate than had been initially anticipated, there are still many reasons to be optimistic.”“This is partly down to the agility and flexibility many Hong Kong exporters have demonstrated in terms of strategies for future-proofing their business activities.”From the findings of the 1Q25 survey, it is clear a range of strategies, including diversifying sourcing, expanding into new markets and the relocation of production lines, have been very much front-of-mind for many of Hong Kong’s export-oriented businesses. These moves, it is believed, will help enterprises mitigate the adverse effects of any current or future protectionist measures.Overall, despite a more challenging global trade backdrop, it was encouraging to note the majority of survey respondents (75.4%) remained confident their 2025 net profit margins would either rise or remain stable. This was notably higher than the 72.1% of respondents expressing the same sentiment in 4Q24, while also being the highest such figure for 12 months.In terms of market prospects, uncertainties over its trading stance have inevitably clouded the general views of the US. Tellingly, the Current Performance figure for the country was 47.8, with its 3.1 point quarter-on-quarter decline taking it below the watermark level of 50 for the first time in 12 months.Exporter sentiment, however, remained largely positive when looking beyond the US market, particularly with reference to Mainland China, the EU and the ASEAN bloc. In all, the Current Performance Index reading for Mainland China was up 6.7 points to 59.0 (compared to 4Q24) while the comparable finding for the EU was up 3.8 points to 50.1. The reading for the ASEAN bloc (56.4), meanwhile, remained solidly in expansionary territory.Nicholas Fu, Senior Economist, said “A similar pattern was in evidence in the case of the Expectation Index. This saw Mainland China up 3.0 points to 55.7, followed by the ASEAN bloc (53.0) and the EU (52.7). The US was again down, falling by 4.3 points to hit a one-year low of 46.7.”In terms of more general findings, Jewellery (at 53.1 points) was the most upbeat industry sector with regard to 1Q25 Current Performance, followed by Electronics (52.3) and Timepieces (51.2). In terms of Expectation, Jewellery (54.4), Equipment/Materials (52.6) and Timepiece (51.1) exporters were most optimistic as to their likely future performance.AppendixThe HKTDC Export Confidence Index has been designed to provide a comprehensive overview of Hong Kong exporter sentiment. It comprises two primary / overall indices, one of which gauges the Current Performance with regard to the surveyed quarter, while the other considers Expectation for the upcoming quarter. The findings of both indices are based on a weighted average of five sub-indices – Sales and New Orders, Trade Value, Cost, Procurement, and Inventory.Full details of the methodology / definitions relating to the HKTDC Export Confidence Index can be found in the Appendix section of the full quarterly report.ReferencesHKTDC Export Confidence Index 1Q25: Export Confidence Improves Despite Growing Trade TensionsHKTDC Research websitePhoto download: bit.ly/3QMQHmUHKTDC Director of Research Irina Fan (left) and Senior Economist Nicholas Fu (right) announced the HKTDC Export Confidence Index for the first quarter of 2025 at a press conference todayHKTDC Director of Research Irina FanHKTDC Senior Economist Nicholas FuMedia enquiriesPlease contact the HKTDC’s Communication and Public Affairs Department:Fraser LiAgnes WatTel: (852) 2584 4369Tel: (852) 2584 4554Email: fraser.li@hktdc.orgEmail: agnes.ky.wat@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 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.

IGG Inc 2024 Annual Financial Highlights and 2025 Business Update:- In 2024, the Group experienced a 9% year-on-year increase in revenue, reaching a total of HK$5.74 billion. This growth was primarily due to three growth drivers – two highly-rated games “Doomsday: Last Survivors” and “Viking Rise”, which contributed approximately HK$1 billion and HK$700 million, respectively, along with the APP Business , which generated HK$1.1 billion. These three contributors accounted for 49% of the Group’s revenue in 2024, up from 32% in 2023, underscoring the success of its diversified growth strategy. “Lords Mobile”, IGG’s flagship title launched nine years ago, made a significant contribution of nearly HK$2.6 billion in revenue.- The Group achieved a significant 697% year-on-year increase in net profit, reaching HK$580 million in 2024. The Group’s core business experienced a substantial surge of 3,626% year-on-year to HK$650 million in net profit. The investment business recorded an unrealized loss of approximately HK$70 million due to fair-value changes of investees.- Entering 2025, the Group will continue to enhance its gaming and APP Business, with a commitment to sustaining long-term profitability. The Group will release two blockbuster strategy games, “Frozen War” and Project PSS, along with a blockbuster casual game, “Tycoon Master”.  With their innovative and meticulously crafted gameplay, these titles possess growth potential.HONG KONG, Mar 27, 2025 - (ACN Newswire via SeaPRwire.com) - IGG Inc (“IGG” or “the Group”, stock code: 799.HK), a leading global developer and publisher of mobile games and applications, is pleased to announce the audited consolidated financial results of the Group for the year ended 31 December 2024.In 2024, the Group steadily reinforced its development goal of “diversified growth and steady profitability” through three growth drivers: two highly-rated games, “Doomsday: Last Survivors” and “Viking Rise”, along with the APP Business. In terms of revenue, the Group experienced a 9% year-on-year increase, reaching HK$5.74 billion in 2024. This growth was primarily driven by “Doomsday: Last Survivors” and “Viking Rise”, which contributed approximately HK$1 billion and HK$700 million, respectively, while the APP Business generated HK$1.1 billion. These three contributors accounted for 49% of the Group’s revenue in 2024, up from 32% in 2023, underscoring the success of its diversified growth strategy. “Lords Mobile”, IGG’s flagship title launched nine years ago, made a significant contribution of nearly HK$2.6 billion in revenue. During the year, revenue from Asia, Europe and North America accounted for 42%, 34% and 20%, respectively, of the Group’s total revenue.With the contribution of the aforementioned businesses and extensive utilization of AI technology, the Group achieved a significant 697% year-on-year increase in net profit, reaching HK$580 million in 2024. The Group’s core business experienced a substantial surge of 3,626% year-on-year to HK$650 million in net profit. The investment business recorded an unrealized loss of approximately HK$70 million due to fair-value changes of investees. As at 31 December 2024, the Group’s mobile games were available in 23 different languages worldwide, with approximately 1.5 billion users in total and over 17 million monthly active users (“MAU”) across more than 200 countries and regions.Since its launch, the game “Doomsday: Last Survivors” has regularly introduced new features, including account entrustment, alliance vault and mini-games, to enhance gamer engagement. Additionally, the game ran a series of collaborations with different partners, including the classic game “Metal Slug 3” and hit movie “Pacific Rim”. These initiatives, coupled with offline tournaments, were well-received by its 73 million players[1], leading to a 50% year-on-year increase in revenue. Following the success of the first International Offline SLG Championship held last year, the Group is gearing up for the “2025 World Championship” for “Doomsday: Last Survivors”, “Lords Mobile”, and “Viking Rise” to let players experience the thrill of ‘live’ competitive gaming.“Viking Rise”, the Group’s first Viking-themed strategy game, received widespread acclaim when it was launched in late 2022. Throughout the year, the game continued to introduce new features, including Battle Royale gameplay, mercenary guild battles and a new conquest season entitled “Fenrir’s Judgement”. Additionally, the game reintroduced a collaboration with the popular TV show “Vikings” from MGM Television and its spinoff series “Vikings: Valhalla”. These enhancements and marketing initiatives resonated with its 40 million players2, driving a remarkable 66% year-on-year increase in revenue.“Lords Mobile”, IGG’s blockbuster title that debuted nine years ago, is the Group’s first cross-platform, multi-language, real-time game, lauded by Sensor Tower for its longevity[2], and designed for a global audience. It has received widespread acclaim from gamers, and consistently generates stable revenue for the Group. As of 31 December 2024, it has amassed 740 million registered users worldwide and has 9 million MAU. In the second half of 2024, the game introduced the much-anticipated “Chaos Arena” feature, alongside ongoing IP collaborations and various offline events, to sustain player interest.After a decade of exploration, research and development, the Group’s APP Business finally achieved significant breakthroughs and remarkable growth over the past two years. It has built a proprietary ad traffic platform supported by service-oriented mobile applications. Leveraging the Group’s global operational expertise and a base of more than 1 billion users, the APP Business reached a new milestone of 62 million MAU. It generated a remarkable HK$1.1 billion in revenue in 2024, representing 19% of the Group’s total revenue. The APP Business has emerged as a vital growth driver for the Group, contributing notably to a net profit of HK$95 million.Through a combination of share repurchases and dividend payouts, the Group consistently returns value to its shareholders. During the year, the total amount declared in dividends, together with the funds allocated for share repurchases, accounted for approximately 38% of the Group’s net profit for 2024. The Board of Directors declared a second interim dividend of HK6.4 cents per ordinary share. Coupled with the first interim dividend of HK8.5 cents, the total dividend declared amounts to HK14.9 cents, representing approximately 30% of annual profit. In 2024, the Group allocated approximately HK$47 million for share buybacks, which corresponds to approximately 8% of annual profit.Entering 2025, the Group will continue to enhance its gaming and APP Business, with a commitment to sustaining long-term profitability. The Group will release two blockbuster strategy games, “Frozen War” and Project PSS, alongside a blockbuster casual game, “Tycoon Master”. With their innovative and meticulously crafted gameplay, these titles possess growth potential. The Group is dedicated to drive growth for the APP Business by enhancing its platform development. Embracing the corporate spirit of “Innovators at Work, Gamers at Heart”, the Group will continue to strengthen its global R&D and operational capabilities, to relentlessly pursue its strategy of quality, innovation, and excellence in creating innovative yet timeless games.About IGG IncEstablished in 2006, IGG Inc is a leading global mobile games and applications developer and operator with headquarters in Singapore and local offices in the United States, China, Canada, Japan, South Korea, Thailand, the Philippines, Indonesia, Brazil, Türkiye, Italy and Spain. IGG offers multi-language and multifarious games and mobile applications to users around the world. The Group has established long-term partnerships with over 100 business partners, including global platforms, advertising channels, and vendors such as Apple, Google and Meta. IGG’s most popular products include the games “Lords Mobile”, “Doomsday: Last Survivors”, “Viking Rise”, “Time Princess”, along with a range of diversified mobile applications.[1]APP Business: development and operations of the Group’s mobile applications.[2]User data as of December 31, 2024.[3]Source: Sensor Tower, a third-party analytics platform Copyright 2025 ACN Newswire via SeaPRwire.com.

Results highlights:- Consolidated revenue was HK$4,627 million (YOY increase of 3%). Profit attributable to operation was HK$307 million (YOY increase of 8%).- Profit attributable to shareholders was HK$106 million, a decrease mainly attributable to the decrease in fair value of investment properties.- The Group managed 59 scenic and resort destinations through investment and operations, maintaining the leading position in the industry.- The Group’s financial position remained stable and healthy, with adequate investment and financing capabilities. Debt-to-equity ratio was 32%.- A dividend of HK1.5 cents per share was distributed for the full year, with a dividend payout ratio of 78%.HONG KONG, Mar 27, 2025 - (ACN Newswire via SeaPRwire.com) - China Travel International Investment Hong Kong Limited (“China Travel International” or the “Company”, together with its subsidiaries, the ‘‘Group’’) (Stock Code: 308) announced the annual results for the year ended 31 December 2024 (the “Period”). The Group recorded a consolidated revenue of HK$4,627 million for the Period, representing a 3% increase compared with the previous year. Profit attributable to operation was HK$307 million, representing an 8% increase compared with the previous year. The decreased profit for the Period was mainly attributable to a decrease in the fair value of investment properties.During the Period, the tourism economy returned to a growth tendency, the Group consistently strengthened its core functions and competitiveness, while committing to expanding operational scale and enhancing development capabilities. Total revenue from tourist attractions and related operations was HK$2,345 million, representing a 2% increase compared with the previous year. Attributable profit was HK$14 million, a turnaround from loss to profit. Demand for the travel document business returned to a normal level. Revenue from travel document and related operations was HK$344 million, representing a decrease of 27% compared with the previous year. Attributable profit was HK$176 million, representing a 30% decrease compared with the previous year. With the increase in tourist numbers due to the relaxation of travel restrictions and the opening of the Metropark Hotel Hung Hom and Green Residence serviced apartment in May 2024, revenue from the Group’s hotel operations was HK$820 million, representing an 18% increase compared with the previous year. Hotel operations recorded an attributable profit of HK$227 million, representing a 40% increase compared with the previous year. Revenue from passenger transportation operations was HK$1,093 million, representing an 11% increase compared with the previous year. The Group’s financial position remained stable and healthy, with adequate investment and financing capabilities. Cash and bank balances were HK$2,444 million and debt-to-equity ratio was 32%‚The Board does not recommend the payment of a final dividend for the Period. A dividend of HK1.5 cents per share was distributed for the full year, with a dividend payout ratio of 78%.By placing greater emphasis on customer demand-oriented approaches and developing a multi-level and differentiated product series, the Group is exploring the "Second Growth Curve." Guided by its strategic roadmap, the Group intensified innovation-driven development initiatives, achieving record-high revenues at select tourist destinations. With lean management instituted in Desert Star Hotel and Diamond Hotel officially opened, Shapotou Scenic Spot successfully developed a new “scenic spot + characteristic hotel” tourism model and created a national-level tourist resort, achieving considerable revenue growth during the year. The China-Vietnam Detian cross-border Tourism Cooperation Zone in Detian Scenic Spot has commenced operation, becoming the first cross-border tourism cooperation zone in China. Lanyue Hotel of CTS Lugu Lake offers a variety of immersive local cultural experiences, catering to the preferences of high-net-worth vacationers, and has been awarded multiple accolades as a boutique resort hotel. In cooperation with Tencent Video, Splendid China has introduced the IP of A Dream of Splendour to create the IP powered “Splendid and Flourishing Age”, an immersive new cultural and entertainment district.Through the acquisition and strategic management of premium scenic assets, the Group is positioning itself as a “first-class tourist destination investment and operation service provider”. During the Period, the Company established a joint venture for the Longqi Bay Resort project in Dapeng New District, Shenzhen, an important exploration for the Company’s goal of building a quality “one-stop leisure and vacation destination in the Greater Bay Area”. Additionally, the Company formed a joint venture for the urban renewal of Chongqing amusement park. The Company also established a joint venture to develop a domestic and international aerospace tourism destination in Hainan, starting with the upgrading and operation of the Wenchang Aerospace Science Center. Moreover, the Group launched three projects in Sichuan Daocheng Yading, Guangdong Shantou, and Jiangxi Ruiji, enriching the business line of natural and cultural scenic spots. The Group extended its management services to 16 additional well known tourism destinations in Xinjiang, Jiangxi, and other provinces, three of which are 5A grade scenic spots, including the Gate of the Taklamakan Desert in Xinjiang. Managing 59 scenic and resort destinations through investment and operations, the Group maintains the leading position in the industry.Driven by technological innovation, the Company has upgraded its management and operations, achieving high-quality and sustainable growth. The Company continued to iterate and enhance the functionality of its digital platforms to optimise booking processes and the customer service experience. All the Company’s controlled scenic spots have adopted digital platforms for integrated online business operations. By leveraging capabilities such as whole-staff marketing and discount purchase limits, the Company further enhances its self-operated sales volume. The Company successfully integrated with the parent company’s Hong Kong platform, CTGO, providing strong support for the expansion of Hong Kong operations. The Company has also explored innovative applications of new technologies and products such as AI and drones in scenic areas. Five innovative scenarios were launched, such as an AR tour experience at Detian Scenic Spot, Qianxiaobao AI Agent, and drone performances at Window of the World, in order to enhance customer experience.About China Travel International Investment Hong Kong LimitedWith its strategy of becoming "a first-class tourist destination investor, operator and service provider", the Group focuses on the development of tourist destinations and is committed to develop and operate premium cultural and tourism products with unique experience in travel and leisure. The principal business activities of the Group include investment and operations of tourist attraction and related business (including theme parks, natural and cultural scenic spots, leisure resorts and supplementary tourist attraction operations), travel document and related operations, hotel operations and passenger transportation operations.This press release is issued by Porda Havas International Financial Communications Group for and on behalf of China Travel International Investment Hong Kong Limited. For enquiries, please contactMs. Kelly Fung/Ms. Wang PeiTel: +852 3150 6763 / +86 10 5923 2758Email: chinatravel.hk@h-advisors.global Copyright 2025 ACN Newswire via SeaPRwire.com.