HONG KONG, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - China's 2026 Report on the Work of the Government identified biopharmaceuticals as an emerging pillar industry, underscoring a supportive policy environment for innovative drugmakers. In this context, CanSino Biologics Inc. (688185.SH/06185.HK) has released its Annual Results For The Year 2025, marking a return to profitability and highlighting steady progress in its commercialization efforts.Return to Profitability Driven by Vaccine Portfolio GrowthAccording to its annual results, CanSinoBIO achieved total revenue of approximately RMB 1.068 billion, representing a year-on-year increase of 26.18%. Net profit attributable to shareholders reached RMB 27.9 million, marking a return to profitability.The turnaround reflects more than a cyclical rebound and suggests the company is building a more sustainable revenue base through the commercialization of routine vaccines. This has strengthened its ability to generate consistent cash flow.The improvement was driven primarily by organic growth in core operations rather than one-off factors. During the reporting period, the Company’s Group ACYW135 Meningococcal Polysaccharide Conjugate Vaccine (CRM197) (trade name: Menhycia(R)) maintained steady revenue growth, while its 13-valent Pneumococcal Conjugate Vaccine (trade name: iPneucia(R)) gained market traction following its launch. A more balanced revenue mix has improved earnings visibility.In addition, CanSinoBIO received multiple government grants and international R&D funding support during the year, reflecting recognition of its technological capabilities and innovative value.Core Products Set to Scale Up, Pipeline Supports Future GrowthBeyond near-term earnings, the company is supported by a diversified pipeline that provides both mid- and long-term growth drivers.As a core growth driver for CanSinoBIO, Menhycia(R), China’s first domestically developed quadrivalent meningococcal conjugate vaccine, continues to expand its market reach. In February 2026, the company announced that the supplemental application to expand the age range of applicable population of Menhycia(R) from “children aged from 3 months to 3 years old (47 months)” to “children aged from 3 months to 6 years old (83 months)” has been approved, further broadening its target population.Meanwhile, iPneucia(R)—China’s first 13-valent pneumococcal conjugate vaccine using a dual-carrier system (CRM197 and tetanus toxoid)—is expected to generate commercial synergies with Menhycia(R). Shared distribution and marketing channels could help lower marginal sales costs and improve overall efficiency.In addition, the company’s mid-term pipeline remains robust. It’s absorbed diphtheria, tetanus, and acellular pertussis (components) combined vaccine (the “DTcP”) for infants (below 2 years old) (the “DTcP Infant”)has been included in the priority review pathway, which will accelerate its approval timeline.To date, no component-based DTaP vaccine developed by domestic manufacturers has been approved for market launch in China. The infant DTcP vaccine is formulated with individually purified pertussis antigens in defined ratios to ensure consistent quality and stability. Its development also lays the groundwork for adolescent and adult component Tdap vaccines and combination vaccines, enhancing the Company’s product portfolio and core competitiveness.From near-term delivery to mid-term development and long-term innovation, CanSino Biologics’ value goes beyond its existing productsR&D Capabilities Support Long-Term CompetitivenessAs a leading innovative vaccine company, CanSinoBIO consistently adheres to a long-term strategy, ensuring the company remains at the forefront of technological exploration and laying a solid foundation for its sustained competitiveness.Its core talent team brings an average of more than 25 years of industry experience across global pharmaceutical and biotechnology companies, spanning research, manufacturing and commercialization. This has enabled the company to establish an integrated development system aligned with international standards and covering the full development cycle from early-stage research to commercialization.Over time, CanSinoBIO has also built five core technology platforms, including viral vector vaccines, synthetic vaccines, protein structure design and Virus-Like Particle (VLP) assembly, mRNA vaccines, and formulation and delivery technologies. These platforms support a diversified innovation system and provide a solid foundation for lifecycle vaccine development.The company continues to focus on differentiated innovation, including multivalent combination vaccines and novel delivery technologies, with the aim of developing globally competitive vaccine products.These technological capabilities have supported the launch of products like Menhycia(R) and iPneucia(R), reinforcing the company’s position in the vaccine sector.International Expansion Gains MomentumMeanwhile, amid intensifying competition in the domestic vaccine market, CanSinoBIO is accelerating its international expansion.Recently, the company announced that its manufacturing facility has passed the PIC/S GMP certification issued by Malaysia’s National Pharmaceutical Regulatory Agency (NPRA). PIC/S is an internationally recognized framework for pharmaceutical inspection and certification, comprising regulatory agencies from over 50 countries. This certification not only confirms that Menhycia(R) and iPneucia(R) meet international-quality standards but also enhances the company’s prospects for entering additional global markets.In fact, the Company’s international presence is well established, with Menhycia(R) obtaining Indonesian registration and Halal certification since 2024.The company has also entered into multiple strategic partnerships abroad, covering commercialization, joint R&D, clinical trials, and localized production. Through a “technology transfer + local manufacturing” approach, CanSinoBIO is expanding its presence beyond product exports toward broader technology-based collaboration.Growth Catalysts Point to Potential Re-RatingOverall, the latest results suggest CanSinoBIO is moving through an inflection point, supported by clearer commercialization pathways.Yet, its current market valuation may not fully reflect its investment potential. Looking ahead, potential growth drivers include the expanded indication for Menhycia(R), continued ramp-up in iPneucia(R) sales, the infant DTcP vaccine currently under priority review, as well as further international market expansion. At the same time, China’s policy support for biopharmaceuticals as a strategic sector could provide a favorable backdrop for valuation.As earnings continue to improve and market expectations adjust, the company may see both earnings growth and a re-rating in valuation multiples. Against the backdrop of China’s rising focus on biopharmaceutical innovation, CanSinoBIO’s long-term investment case is increasingly difficult to ignore. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Alltronics Announces 2025 Annual Results
HONG KONG, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - 30 March 2026, Alltronics Holdings Limited (“Alltronics” or the “Group”) (SEHK: 833), a leading manufacturer of electronic products, today announced its annual results for the year ended 31 December 2025 (“the year 2025” or “review year”).During the year 2025, the Group recorded total turnover of HK$1,141.2 million (2024: HK$1,066.9 million), representing an increase of 7.0%. The total gross profit for the year increased by 14.0% to HK$240.8 million and the overall gross profit margin improved to 21.1% (2024: 19.8%). Profit for the year attributable to owners of the Company was HK$47.2 million (2024: HK$63.1 million). The decrease in net profit was primarily due to higher impairment losses and a fair value loss on financial assets at FVTPL. If adjusted for impairment losses, profit for the year was up 14.5% to HK$87.8 million.The Board has proposed the payment of a final dividend of HK3.0 cents per share (2024: HK3.0 cents). Together with the interim dividend of HK3.0 cents per share, the total dividends for the year 2025 will be HK6.0 cents per share, representing a payout ratio of 60.2%.The Group maintains a healthy financial position, with total cash and cash equivalents amounting to HK$445.3 million at 31 December 2025.Sales of electronic products remained the Group's main source of income. The increase in turnover was mainly attributable to higher sales of finished electronic products, particularly irrigation controller products to a major customer, which increased by approximately HK$90.8 million to HK$546.6 million. In terms of geographical markets, customers in the United States continued to be the major market, accounting for approximately 74.1% of total revenue for the year (2024: 72.8%).In response to the evolving global trade landscape and growing customer demand for production capacity outside the PRC, the Group completed the acquisitions of two subsidiaries with manufacturing facilities in Malaysia and Vietnam during the year. These acquisitions are expected to enhance the Group’s competitive position in the electronics industry and strengthen its presence in Southeast Asia, while creating additional business opportunities and providing greater flexibility to customers.Looking ahead, the Group expects the operating environment to remain challenging amid ongoing trade disputes, geopolitical tensions and currency volatility. Leveraging its expanded manufacturing footprint across Malaysia, Vietnam and the PRC, the Group is well-positioned to capture new business opportunities, broaden its revenue base and to sustain its growth momentum. The Group will continue to focus on its core electronic products segment, pursue new products and project opportunities with existing and potential customers, and strive to maximize returns for shareholders.About Alltronics Holdings Limited (Stock code: 833)Alltronics Holdings Limited is mainly engaged in the design and manufacture of a wide range of electronic products with quality and style. The Company is a constituent stock of the Morgan Stanley Capital International (“MSCI”) Hong Kong Micro Cap Index. For more information, please visit the company website http://www.alltronics.com.hk/ Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Tianneng Power’s 2025 Financial Report: Key Operating Metrics Grow, Operating Cash Flow Increases by RMB 4.642 Billion Year-on-Year
HONG KONG, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - March 27, Tianneng Power (00819.HK) officially disclosed its full-year 2025 financial results, demonstrating a year of stable business operations and growth in key operating metrics. During the year, Tianneng Power recorded an operating income of approximately RMB 53.799 billion, with gross profit of RMB 5.280 billion, representing a year-on-year increase of 7.48%. Notably, the manufacturing business contributed approximately RMB 47.918 billion, representing a year-on-year increase of 10.01%. Net profit attributable to the parent of approximately RMB1.437 billion, representing a year-on-year increase of 25.77%. And net cash generated from operating activities of approximately RMB 5.191 billion, representing an increase of RMB 4.642 billion compared to the same period last year. (Basic earnings per share were approximately RMB 1.28. The Company proposes to declare a cash dividend of HK 36 cents per ordinary share (the “Share(s)”) held by Shareholders of Tianneng Power. The proposal shall be subject to consideration and approval by Shareholders at the annual general meeting to be held on 8 June 2026.)In 2025, the global industrial landscape has continued to evolve, with technological transformation, energy transition and shifts to globalization pathways advancing in tandem. During the year, Tianneng Power steadfastly adhered to the vision of “Promoting Resource Recycling and Sustainable Development to Build an Efficient Energy System.” Through practical efforts, the Company maintaining close relationships with its customers and responding to market needs, while continuously refining its products and capability. This has gradually strengthened our operational resilience and enabled us to respond calmly to challenges posed by global economic pressures and intensifying industry competition.As an industry leader, while solidifying its domestic foundation, Tianneng Power has steadily advanced its international development strategy. The Group has established a business system centered on lead-acid batteries and the coordinated development of multiple technological routes, focusing on the needs of power and energy applications. The Group is committed to offering customers diversified battery products and energy solutions, encompassing research and development (R&D), manufacturing, sales, collection, recycling and related services. The Group focuses on lead-acid battery products, widely used in motive power applications for light electric vehicles and also extend to multiple segments, including backup power supply, automotive batteries and special-purpose industrial motive batteries. The Group has built a stable product base and customer base across these applications. With the transformation of the industry, the Group is advancing R&D and product development in areas including solid-state batteries, sodium-ion batteries, and hydrogen fuel cells. Moreover, Tianneng Power actively expanding recycling and regeneration operations for used lead-acid batteries and used Li-ion batteries, promoting synergistic across the battery recycling value chain.The Company’s core business is primarily divided into three segments: High-end eco-friendly Batteries, New Energy Batteries, and the Circular Economy.The High-End Eco-Battery Business serves as the Group’s cornerstone for stable operations, consistently playing a crucial “ballast” role amidst a complex and changing market environment. During the reporting period, the High-End Eco-Battery Business achieved operating revenue of approximately RMB 39.766 billion.Facing industry adjustments brought about by policy implementations such as the New National Standard, Tianneng Power fully leveraged its product matrix advantages, which cover diverse scenarios, and its mature distribution network comprising over 3,000 distributors covering more than 400,000 retail outlets, thereby maintaining stable overall sales volume. Tianneng Power has leveraged digital tools to empower terminal operations, becoming the first in the industry to establish an integrated online and offline user service platform that connects service scenarios such as maintenance, repair, inspection and evaluation. This helps optimize value distribution across the value chain and enhance channel efficiency and market competitiveness.While solidifying its leadership in the light electric vehicle market, the Group actively expands into emerging application areas such as backup power, automotive batteries, and special industrial power batteries. It deepens customer collaboration and accelerates internationalization strategy. The Group has leveraged the capacity release of its assembly and production bases in Vietnam as an important foothold to advance localized operations in target markets, including Southeast Asia, Europe and Africa. Through a model combining product adaptation, this combination of product adaptation, channel development, and service exports opens up broader growth space.Simultaneously, the new energy battery business serves as an important driver of the Group’s growth across diversified technologies and application areas, supporting medium-term expansion while building long-term technology reserves. The Li-ion battery business, covering energy storage and motive power applications, has developed around advanced technologies, diverse application scenarios, and ecosystem synergies, with both business scale and operating performance improving. During the Reporting Period, the Group’s Li-ion battery business recorded operating income of approximately RMB1.541 billion, with its operational quality and efficiency improving significantly compared with the previous year. the Group’s self-developed containerized and cabinet-type ESS products have obtained national standards and overseas export certifications. The energy storage energy management system (“EMS”) has obtained authoritative certifications, including compliance with national standards (e.g., GB/T 42726), CNAS and CMA certifications. It was also honoured with the “Outstanding New Energy Storage Product Award” for large-scale storage EMS by Hangjia Net. Furthermore, the solid-state battery business has steadily advanced in product development and commercialization focusing on specific applications. Products for applications like electric motorcycles, low-altitude aircraft, and robotics have completed sample introduction, and the Group has commenced cooperation with certain downstream customers. The sodium-ion battery business has achieved breakthroughs in product R&D, receiving multiple industry awards including the GGII Sodium Battery Golden Globe Awards (é«˜å·¥é’ ç”µé‡‘ç'ƒå¥–) for “Annual Market Development Award” and “Sodium Battery Application evelopment Pioneer”, Verification work has commenced in automotive starting and start-stop applications, light motive power, and energy storage applications. The hydrogen fuel cell business, guided by a multi-scenario product strategy, has delivered orders across diverse applications, including buses, heavy-duty trucks, two-wheelers, and power stations. The parallel advancement of multiple technology pathways and progress in market-oriented breakthroughs have injected fresh momentum into the Group’s long-term development.Alongside battery manufacturing, Tianneng Power regards the circular economy system as a key component for building long-term competitive advantage, continuously promoting synergy and operational efficiency improvements within the circular industry. During the reporting period, the Circular Economy Business achieved external operating revenue of approximately RMB 5.550 billion. Currently, the Group has constructed a mature and standardized recycling and treatment, as well as an efficient, intensive and coordinated circular economy industrial chain. Leveraging the synergies advantages of its full industry chain and a mature cost control system to achieve overall stable operational growth, with annual processing capacity of exceeding one million tonnes., its recycling network was further consolidated, with both processing scale and profitability improving. The Li-ion battery resource recycling business continued to refine its end-to-end technical system, achieving industry-leading recovery rates for critical metals. It currently possesses an annual processing capacity of 73,000 tonnes for waste Li-ion batteries treatment, with stable batch delivery capabilities. The products comply with prevailing industry standards and have passed the supplier qualification systems of multiple key clients, while steadily gaining market recognition. the Group successfully completed its first overseas import of recycled black mass feedstock, further diversifying its raw material sourcing structure and continuously strengthening the stability of its recycling and supply systems. Leveraging scalable processing capabilities and industrial chain synergies, Tianneng has successfully established a national-level circular economy standardization demonstration project and continues to strengthen the strategic supporting role of its circular business in the overall business structure, forming a green industrial loop from battery manufacturing to resource recovery.Driving Industrial Progress through Technology, Entering a New Stage of High-Quality DevelopmentLooking ahead, Tianneng Power will steadfastly implement a development philosophy centered on strategic guidance, systematically constructing a four-dimensional development system driven by technological innovation, intelligent manufacturing, circular ecosystems, and global market synergy. On the technology front, it will continue advancing multiple technical routes—lead-aid, lithium-ion, solid-state, sodium-ion and hydrogen fuel cell technologies—simultaneously, strengthening independent innovation capabilities from materials to applications. This includes consolidating the market leadership of lead-acid batteries, accelerating lithium battery cost reduction, efficiency improvement, and model innovation, steadily advancing the commercial exploration of solid-state batteries, achieving breakthroughs in key sodium-ion battery technology verification, and refining the multi-scenario application layout for hydrogen fuel cells. Concurrently, the Group will comprehensively advance the construction of smart factories by integrating cutting-edge technologies such as 5G, IoT and AI to enhance operational resilience and energy utilization levels through smart factory construction, injecting strong environmentally friendly green manufacturing system into high-quality development.While deeply cultivating products and technologies, the Company will continue to strengthen its circular economy system, driving value chain integration and sustainable development. It will leverage the industrial chain synergy advantages of its high-end eco-battery recycling operations while enhancing recycling channels and production processes, and expanding high-value product portfolios to enhance anti-cyclical capabilities. In the Li-ion battery recycling segment, will accelerate channel expansion, technological iteration, and overseas resource deployment, deepen strategic cooperation with industry leaders. By continuously improving resource security capabilities and the level of value mining throughout the lifecycle, The Group is committed to developing into a global green energy solutions leader with an international vision and overall competitiveness.About Tianneng Power International LimitedTianneng Power International Limited (the “Company”) and its subsidiaries (collectively, the “Group” or “Tianneng”) were founded in 1986 and listed on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) in 2007 (stock code: 00819.HK). The Company is headquartered in the People’s Republic of China (the “PRC”). Catering to power and energy application needs, the Group has built a business system anchored by lead-acid batteries and characterized by the coordinated development of multiple technology routes. It is committed to providing customers with diversified battery products and energy solutions, encompassing R&D, manufacturing, sales, recycling, regeneration, and related services. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Safe Staffing Requires New Models of Care, Not Just More Clinicians, Says Global Taskforce
PHILADELPHIA, PA, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - A new international report released today by TruMerit™ calls for a fundamental redesign of healthcare workforce models to address global staffing shortages and strengthen patient care. The report, "Safe Staffing Through New Models of Care," presents a systems-based framework to help health leaders, regulators, and policymakers rethink how care teams are structured, how clinicians work together, and how technology can support safer and more sustainable care delivery.Developed by an international taskforce of health system leaders, regulators, academic experts, and clinical innovators, the report emphasizes that solving workforce shortages requires more than simply increasing the number of clinicians. Instead, it calls for modernizing care delivery models to enable health professionals to practice to the full extent of their training, expand interprofessional teamwork, and integrate digital health technologies."The global health workforce crisis cannot be solved simply by adding more clinicians," said Peter Preziosi, PhD, RN, CAE, FAAN, President and CEO of TruMerit. "Safe staffing requires a systems view of how care is delivered. This framework provides guideposts for policymakers and health system leaders to align workforce policy, service delivery, and outcomes - so care teams can meet patient needs safely, sustainably, and in ways that reflect local realities."The framework outlined in the report is organized around three interconnected domains:Systems and Inputs: regulatory policies, workforce infrastructure, and education systemsService Delivery: team-based care, hybrid staffing models, telehealth, and AI-supported workflowsOutputs and Outcomes: workforce sustainability, patient safety, improved access, and cost effectivenessTogether, these components create a continuous cycle of improvement that allows health systems to adapt to evolving population health needs. Healthcare systems around the world are facing unprecedented challenges, including aging populations, increasing rates of chronic disease, workforce burnout, and uneven distribution of healthcare workers. At the same time, advances in digital health, telemedicine, and data analytics are creating new opportunities to expand access to care and improve efficiency."The future of safe staffing depends on embracing innovation while protecting the integrity and well-being of the healthcare workforce," said Sylvain Trepanier, DNP, RN, CENP, FAONL, FAAN, Chief Nurse Executive at Providence and Chair of the Taskforce on Safe Staffing through New Models of Care. "This report demonstrates how health systems can move beyond traditional staffing models toward collaborative, technology-enabled care teams that empower nurses and other health professionals while improving patient outcomes."The report includes global case studies highlighting successful models of care from multiple countries, demonstrating measurable improvements in patient outcomes, workforce retention, and health system efficiency. It is intended to serve as a strategic resource for health system leaders, ministries of health, regulators, academic institutions, and global workforce policymakers.Download and read the report.About TruMeritTruMerit is a worldwide leader in healthcare workforce development with nearly 50 years of experience supporting the mobility of nurses and other healthcare workers. Formerly CGFNS International, TruMerit validates the education, training, and professional experience of internationally educated health professionals seeking authorization to practice in the United States and other countries. Through its expanded mission and the Global Health Workforce Development Institute, TruMerit advances research, standards, and certifications that strengthen the global health workforce and promote equitable, sustainable career mobility.Media ContactLEA SIMSChief Marketing & Communications OfficerTruMeritmedia@trumerit.orgSOURCE: TruMerit Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Focus Graphite Initiates WSP-Led Dam Break Study at Lac Knife, Advancing ESIA Toward Completion
OTTAWA, ON, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company"), a Canadian developer of high-grade flake graphite deposits and advanced graphite materials for battery, defence, and industrial applications, is pleased to announce the initiation of a comprehensive tailings storage facility (TSF) dam break analysis (the "Study") for its flagship Lac Knife Graphite Project (the "Project") located in Quebec.The Study, led by WSP Canada Inc. ("WSP"), a global leader in engineering and environmental consulting, will evaluate hypothetical failure scenarios for the Project's planned filtered (dry-stack) tailings storage facility and associated water retention infrastructure. The work will generate detailed flood mapping and downstream impact assessments, forming a key component of the Company's Environmental and Social Impact Assessment ("ESIA").Using advanced hydrological and hydraulic modelling, the analysis will simulate breach scenarios under extreme conditions, including Probable Maximum Precipitation (PMP). The Study will incorporate site-specific topography and established industry methodologies to estimate potential flood extent, depth, and timing. These outputs are intended to inform contingency planning, support regulatory review, and strengthen the overall ESIA submission, with completion expected to support the Company's 2026 ESIA advancement timeline.The assessment is being conducted in alignment with recognized industry frameworks, including guidelines from the Canadian Dam Association (CDA) and the Global Industry Standard on Tailings Management (GISTM), reflecting a risk-informed and environmentally responsible approach to project design."This is a meaningful step forward for Lac Knife," said Dean Hanisch, Chief Executive Officer of Focus Graphite. "With this study underway, we are entering the final stages of the ESIA process and establishing a clearer line of sight toward permitting. As we advance, we remain committed to developing this project responsibly, respecting the surrounding environment and the communities connected to this land, while building a high-quality, near-term source of graphite for North American supply chains."The Study builds on a substantial body of completed technical work and reflects continued advancement of the Project through the development pipeline. The use of filtered (dry-stack) tailings at Lac Knife represents a modern approach to tailings management, widely recognized as a lower-risk alternative to conventional slurry-based systems. This analysis further enhances understanding of downstream conditions and supports integration of risk-informed engineering into final design.Upon completion, results will be incorporated into the Company's ESIA documentation, supporting ongoing engagement with regulators and stakeholders. Completion of the ESIA is expected to represent a key milestone toward permitting and future construction readiness.WSP brings extensive global expertise in mining, hydrotechnical engineering, and tailings management, reinforcing the technical rigor underpinning the Project.The Company will continue to provide updates as ESIA-related milestones are achieved.Qualified PersonThe technical content disclosed in this news release was reviewed and approved by Richard Pearce, PE, President of Brasil Insight Capital LLC., a consultant to the Company, and a qualified person as defined under National Instrument NI-43-101.About Focus Graphite Advanced Materials Inc.Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defence, and advanced materials industries.Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining — we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.Our commitment to innovation ensures an eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals — reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.For more information on Focus Graphite Inc. please visit http://www.focusgraphite.com.LinkedIn: https://www.linkedin.com/company/focus-graphite/X: https://x.com/focusgraphiteInvestors Contact:Dean HanischCEO, Focus Graphite Inc.dhanisch@focusgraphite.com+1 (613) 612-6060Jason LatkowcerVP Corporate Developmentjlatkowcer@focusgraphite.comCautionary Note Regarding Forward-Looking StatementsCertain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated," and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events.In particular, this press release contains forward-looking information regarding, among other things, the anticipated scope, timing and completion of the tailings dam break analysis; the Company's belief that the Study represents one of the final major technical components required to support completion of the Environmental and Social Impact Assessment ("ESIA"); the incorporation of Study results into ESIA documentation; the advancement of the Lac Knife Project toward permitting and regulatory approval; and the Company's plans and objectives for the development of the Project.Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company's public disclosure documents available under its profile on SEDAR+.The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290423 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
T-RIZE Structures Up to $500 Million Private Credit Digital Bond Programme on Canton Network
LONDON, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - T-RIZE Group (https://www.t-rize.io) today announced its role in structuring a private credit digital bond programme of up to $500 million for Horizon Group through Kairos Litigation Limited, a UK-based bankruptcy-remote special purpose vehicle established as the issuer for the programme. Horizon Group acts as programme manager. The programme will begin with an initial $50 million tranche launching shortly for eligible investors in the United States and Europe on the Canton Network, with capacity for additional tranches over time.The announcement highlights T-RIZE's institutional tokenization capability: structuring highly complex underlying exposures into institutionally governed, fixed-yield digital instruments built for professional markets.For the Kairos programme, T-RIZE has digitally structured a specialized private credit strategy into a market-ready issuance framework built on ring-fenced architecture, disciplined governance, permissioned investor access, and full lifecycle administration. Its role spans tokenization design, digital issuance architecture, governance and control logic, onchain instrument creation, lifecycle management, and reporting architecture required for institutional operation.The underlying exposure is a highly granular portfolio of UK litigation-finance receivables, a segment of private credit historically outside digital capital markets. T-RIZE has helped bring that exposure into a digital bond format designed for institutional use, combining fixed-yield economics, short-duration deployment, and a clearer structural framework for investor oversight.The credit architecture combines multiple protection layers. The issuer structure is bankruptcy-remote. Assets and related cash flows are ring-fenced. Risk is segmented through independent validation, and claim-level protection mechanisms. The capital-protection layer is supported by a performance-bond framework with reinsurance support from A-rated international reinsurers. Together, these features strengthen capital protection, improve cash-flow predictability, and support a stronger and transparent risk/reward profile than direct exposure to the underlying assets alone.T-RIZE is also providing the digital operating layer through which the tokens are minted, and administered on Canton Network. It supports onboarding, eligibility controls, credential management, transfer permissions, token lifecycle management, and governance execution. Critical actions are governed through a control framework incorporating multi-party computation and multi-signature approval logic, reinforcing institutional operating standards, and reducing single-point failure risk.The framework also includes collateral functionality scheduled for later activation, positioning the instrument over time for broader use across financing, treasury and liquidity workflows as institutional digital market infrastructure matures.For major financial institutions, the significance extends well beyond a single issuance. It demonstrates that T-RIZE can take complex private credit structures, architect them from the ground up, transform them into digitally native frameworks designed for institutional execution, governance, and scale."This programme reflects the level of structuring, control and technical integration required for institutional private credit to operate effectively in digital markets," said Madani Boukalba, Founder and CEO of T-RIZE Group. "T-RIZE helps institutions restructure highly complex, market-agnostic exposures into fixed-yield digital instruments with transparent structural protections and a clear onchain transparency layer across the life of the instrument. That opens access to structured opportunities that have traditionally remained difficult for institutions to reach in standardized form, while allowing them to benefit from attractive risk/reward dislocations with stronger governance, visibility and lifecycle control."T-RIZE also holds a strong position within Canton Network. It is a Premier Member of the Canton Foundation, an early validator and a builder of production-grade tokenization infrastructure on the network. Canton Network now functions as institutional market infrastructure, with live tokenization, active collateral and repo workflows, and growing participation from major regulated institutions. T-RIZE is engineering the Kairos programme inside that framework so it aligns not only with institutional issuance standards today, but with the next phase of market utility; interoperability, governed execution, and future collateral activation on Canton Network rails.Ann-Marie Bell, CEO of Kairos Litigation Limited, said: "T-RIZE helped us translate a complex private credit structure into a market-ready institutional digital issuance. Their contribution across structuring, governance design, control architecture, compliance logic, and technical implementation was instrumental in bringing the first tranche to market."More broadly, the transaction positions T-RIZE as a structuring partner for institutions seeking to bring complex opportunities into a governed digital issuance framework on Canton Network, with the standards of control, transparency, and execution required by professional markets.About T-RIZE GroupT-RIZE Group is a financial technology company building institutional-grade tokenization infrastructure for digital securities, structured products, and real-world assets. The company structures, tokenizes, issues and administers compliant digital instruments across asset classes including private credit, funds, securities, bonds, commodities, and real estate. T-RIZE Labs, the group's R&D division, advances next-generation tokenization systems, and digital market architecture. T-RIZE's technology stack is engineered to institutional and defense-grade security standards and deployed on Canton Network for interoperability, governed execution, and future collateral activation.About Kairos and Horizon GroupKairos Litigation Limited is a UK-based special purpose vehicle established to issue digital loan notes and support the structured financing of eligible underlying receivables within a ring-fenced institutional framework. Horizon Group acts as programme manager and brings more than five years of operating history and a zero-default track record across its lending portfolio, supporting origination, underwriting framework, servicing oversight, and portfolio administration in connection with the programme.Media ContactBrand: T-RIZE GroupContact: Media teamEmail: press@t-rize.ioWebsite: https://www.t-rize.io Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
From Investment to Sales to Scenario Operations, Shoucheng Holdings (0697.HK) Robotics Commercialization Closed Loop Is Rapidly Taking Shape
HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Shoucheng Holdings (0697.HK) is accelerating the evolution of its robotics business from pure equity investment toward a deeper commercialization infrastructure stage. In the company’s newly released 2025 Chairman’s Statement, Chairman Zhao Tianyang made it clear that Shoucheng Holdings is leveraging its extensive offline asset management scale to build the “last mile” that brings the robotics industry from the laboratory to the market.According to the Chairman’s Statement, Taozhu New Manufacturing Hub, the robotics commercialization platform under Shoucheng Holdings, has already been successfully launched in top-tier commercial locations such as Beijing Shougang Park, Terminal 3 Parking Building of Beijing Capital Airport, and Beijing Wangfujing APM. Zhao Tianyang revealed in the statement that these stores have enjoyed strong foot traffic, and that their operating performance has far exceeded expectations.Building on its initial success, Shoucheng Holdings plans to further expand its store network to 20 locations within 2026, covering leading commercial districts in core cities such as Beijing, Shanghai, Shenzhen, and Chengdu. This is not merely an expansion of retail outlets, but also the establishment of hubs for real-world robot demonstrations and user interaction.On the online front, the company has officially launched the “Barrier Breaker Program”, using social platforms such as Douyin and Xiaohongshu for livestream sales and in-depth product teardowns, transforming hard-tech products into consumer-grade or commercially applicable products that the public can readily understand and adopt. At present, Shoucheng Holdings has become an authorized distributor for nearly 100 robotics companies. To further lower procurement barriers for end users, Shoucheng has also partnered with “Beijing Robotics Financial Leasing Company” to provide integrated leasing services for research institutions, medical institutions, and large enterprises, using financial tools to accelerate robot adoption.In addition, Shoucheng Holdings is drawing on its deep expertise in infrastructure asset management to provide robots with natural testing grounds and operating venues. The Chairman’s Statement notes that the company jointly launched the country’s first “Auto-Charging Robot Pop-up Experience Station” at Chengdu ICD, demonstrating how robots can empower traditional commercial spaces.Chairman Zhao Tianyang also set out a clear development goal in the statement: going forward, Shoucheng Holdings will continue to advance its strategy of upgrading parking lots into robot operation bases, thereby forming a complete closed loop of “investing in robotics companies – empowering portfolio companies through offline sales – carrying out in-depth offline scenario operations.” Through the interlocking of investment, channels, and scenarios, Shoucheng Holdings is building a formidable competitive moat in the robotics sector. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
‘First-listed Chinese Noodle Restaurant’ Xiao Noodles Announces 2025 Annual Results
Performance Highlights:- Revenue: RMB1,622.4 million, representing a year-on-year increase of 40.5%- Net Profit: RMB106.1 million, representing a year-on-year increase of 74.8%- Adjusted Net Profit (a non-IFRS measure): RMB135.4 million, representing a year-on-year increase of 111.9%- In 2025, the Group opened 156 new restaurants, comprising 134 self-operated restaurants and 22 franchised restaurants- As of December 31, 2025, the Group operated 395 self-operated restaurants and 92 franchised restaurants across 24 cities in Mainland China, 15 restaurants in the Hong Kong Special Administrative Region and 1 restaurant in SingaporeHONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Guangzhou Xiao Noodles Catering Management Co., Ltd. (the “Company” or “Xiao Noodles”; Stock Code: 2408.HK) is pleased to announce that the board of directors of the Company announces the unaudited consolidated results of the Company and its subsidiaries (the “Group”) for the year ended 31 December 2025 (the “Reporting Period”).As the “First-listed Chinese Noodle Restaurant” on the Hong Kong Stock Exchange, the Group leveraged its standardized operational system and core product strengths in 2025 to comprehensively drive store expansion and optimize its business portfolio. Through synergies across its business segments, the Group achieved significant revenue growth during a period of profound industry restructuring.During the Reporting Period, the Group generated revenue of RMB1,622.4 million, representing a year-on-year increase of 40.5%; net profit reached RMB106.1 million, up 74.8% year-on-year; and adjusted net profit (a non-IFRS measure) amounted to RMB135.4 million, up 111.9% year-on-year. In 2025, the Group opened 156 new restaurants, including 134 self-operated restaurants and 22 franchised restaurants. As of December 31, 2025, the Group operated a total of 503 restaurants, comprising 395 self-operated and 92 franchised restaurants across 24 cities in mainland China, 15 restaurants in the Hong Kong Special Administrative Region, and one restaurant in Singapore, marking significant expansion achievements.Steady Growth in Self-operated Restaurants, Reinforcing the Core BusinessThe Group’s revenue primarily comes from self-operated restaurants operation and franchised restaurants management. Self-operated restaurants serve as the core revenue pillar, while franchised restaurants emerged as a new growth engine. The synergistic efforts of these two business segments are driving the Group’s continued improvement in profitability.In terms of self-operated restaurant business, in 2025, the operational quality and efficiency of self-operated restaurants continued to improve, with core operational indicators delivering outstanding performance. The Group’s revenue from self-operated restaurant operations increased from RMB1,001.0 million in 2024 by 44.9% to RMB1,450.2 million in 2025, primarily attributable to the increase in the number of self-operated restaurants. Revenue from self-operated restaurant operations as a percentage of total revenue increased from 86.7% in 2024 to 89.4% in 2025. In addition, revenue from delivery business as a percentage of total revenue increased rapidly from 15.6% for the year ended December 31, 2024 to 23.3% for the year ended December 31, 2025.During the Reporting Period, the average spending per order at the Group’s self-operated restaurants amounted to RMB29.9, remaining stable, while average daily orders per restaurant increased from 386 orders in 2024 to 406 orders in 2025, demonstrating improved customer attraction.In terms of same-store operating performance, it remained robust, with same-store sales amounting to RMB745.612 million, representing a year-on-year increase of 1.0› average daily orders per same store increased from 391 orders in 2024 to 427 orders in 2025, and the average spending per order at same stores was RMB29.4, remaining stable.In terms of franchised restaurants, in 2025, the Group’s franchised restaurant operations delivered excellent performance, with improvements across various core indicators. The Group’s revenue from franchise management increased from RMB152.5 million in 2024 by 12.3% to RMB171.3 million in 2025, primarily attributable to the increase in the number of restaurants.Steady Progress in Domestic and Overseas Expansion to Actively Explore New Growth OpportunitiesWhile maintaining the steady development of its existing business, the Group has actively expanded its business to the Hong Kong Special Administrative Region and overseas markets, steadily increasing market penetration and seeking new growth opportunities.As of December 31, 2025, the Group had successfully opened 15 restaurants in the Hong Kong Special Administrative Region and one restaurant in Singapore, marking initial achievements in its overseas market layout. During the Reporting Period, the Hong Kong market delivered an outstanding overall operating performance with remarkable results in regional expansion. Going forward, the Group plans to further expand into Southeast Asia to enhance its brand recognition, optimize its market layout, and drive long-term, steady and diversified revenue growth.Future OutlookLooking ahead to 2026, driven by a series of national policies to stabilize the economy and promote growth, China’s domestic economy and consumer market are expected to continue their recovery, with residents’ consumption capacity and confidence further strengthened, injecting strong impetus into the development of the Chinese fast food industry.Against this backdrop, the Group will firmly seize market opportunities, leverage its brand advantage as the "First-listed Chinese Noodle Restaurant", and promote the expansion of its restaurant network, with plans to open 150 to 180 new restaurants in 2026. Meanwhile, the Group will continue to increase investment in brand building to deepen brand recognition and influence, steadily advance its overseas market expansion, consolidate its leading position in the Chinese noodle restaurant segment, and strive to create greater value for shareholders.About Guangzhou Xiao Noodles Catering Management Co., Ltd.Guangzhou Xiao Noodles Catering Management Co., Ltd. is a Chinese noodle restaurants operator in China. We operate the Xiao Noodles brand in the Chinese Mainland and Hong Kong SAR. Our restaurant network encompassed 395 self-operated restaurants and 92 franchised restaurants across 24 cities in the Chinese Mainland and 15 restaurants in Hong Kong SAR and one restaurant in Singapore as of December 31, 2025. According to Frost & Sullivan, the Company ranked fourth largest Chinese noodle restaurants operator in China in terms of GMV in 2024. Based on the same source, we ranked the thirteenth in the overall Chinese QSR market in terms of GMV in 2024. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Asiaray Profit for the Year Surges for Two Years in a Row Rising 101.8% YoY to RMB21.0 Million
HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Asiaray Media Group Limited (“Asiaray” or the “Group”; stock code: 1993.HK), an established out-of-home (“OOH”) media company with a strategic focus on advertising media management at mass transportation hubs, has announced its annual results for the financial year ended 31 December 2025 (the “Year”), delivering a second consecutive year of net profit growth and a third consecutive year of gross profit margin improvement. Profit for the year rose by 101.8% to RMB21.0 million, compared with RMB10.4 million in 2024 and a net loss of RMB9.9 million in 2023, while gross profit margin increased to 33.8%, from 28.7% in 2024 and 21.9% in 2023. Gross profit reached RMB309.8 million (2024: RMB306.7 million), supported by the Group’s ongoing portfolio optimization, asset upgrading and disciplined execution, despite a still-challenging operating environment.During the Year, the Group continued to improve the quality of its media portfolio and strengthen operational efficiency. Revenue was RMB916.1 million, compared with RMB1,069.2 million in 2024, reflecting the Group’s deliberate focus on higher-quality assets and more profitable growth. The Group also maintained a healthy financial position, with cash and cash equivalents, including restricted cash, amounting to RMB200.3 million as at 31 December 2025, providing a solid foundation for future development. Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to RMB363.6 million.Business HighlightsMetro Lines and Billboards Segment Posts Strong Results via Innovation and Optimized OperationsThe segment delivered strong results, supported by continued demand for prime advertising resources and the Group’s disciplined operating approach. Segment revenue increased to RMB497.5 million, while gross profit rose to RMB187.0 million and gross profit margin expanded to 37.6%, up from 26.0% in 2024, increased by 11.6 percentage points. The improvement reflected stronger performance across Hong Kong billboards, metro media in Mainland China and Singapore’s Thomson-East Coast MRT Line.During the Year, the Group’s billboards in prime locations in Hong Kong continued to attract strong advertiser interest, with bookings fueled by mega events and stronger market activity. Building on this momentum, the Group was granted the exclusive concession for advertising media resources at the Eastern Harbour Crossing, further strengthening its footprint across the city’s key transport arteries. Meanwhile, expanding beyond traditional billboards, the Group introduced innovative formats such as building wraps and ferry-pier coverings, pushing the boundaries of OOH advertising. These initiatives solidified the segment’s position as a key growth driver for the Group.Bus and Other Segment Revitalizes through Merging Creativity with Engineering ExcellenceThe segment continued to improve profitability through portfolio refinement and stronger operating discipline. Segment revenue was RMB236.9 million, while gross profit reached RMB96.0 million and gross profit margin increased to 40.5%, compared with 25.2% in 2024, improved by 15.3 percentage points. This reflected the Group’s continued focus on asset quality, return enhancement and a more efficient operating structure.With a refined portfolio, the Group revitalized the segment by delivering creative, impactful advertising, such as immersive bus shelter campaigns for beverage brands that engaged commuters through “five senses” experiences and interactive installations. Leveraging its solid experience with Sydney bus shelters, the Group successfully delivered several advanced engineering projects, including an 820m² rooftop LED retrofit. It also upgraded city-wide bus shelters into a smart Digital Out-of-Home (“DOOH”) network featuring panels with real-time performance and cutting-edge technology enabling context-aware, data-driven creative adjustments. These improvements have boosted campaign effectiveness and reinforced the segment’s long-term value.O&O New Media Strategy and DOOH+ Platform Enhance Value for Advertisers, Media Resources Owners and AudiencesThe Group continued to advance its Outdoor and Online (“O&O”) New Media Strategy and DOOH Plus (“DOOH+”) platform which remain central to its long-term growth plan. By combining premium OOH resources with online and data-driven capabilities, the Group has been able to deliver more measurable and more effective advertising solutions.One of the key highlights during the Year was a multi-month bus shelter takeover for a leading beverage brand, in which the Group regularly refreshed creative concepts with interactive games, multi-sensory installations, and 3D setups. By maintaining high engagement over an extended period, the campaign demonstrated the Group’s ability to turn individual projects into longer-term partnerships through sustained creative excellence and O&O-enabled audience experiences.Moreover, the Group further strengthened its programmatic DOOH capabilities and deepened cooperation with key ad-tech partners. One such campaign for a contact-lens brand used dynamic creative optimization at bus shelters, displaying real-time temperature and UV-index data and automatically adjusting content to current weather conditions. This context-aware execution showcased the Group’s ability to deliver precise, real-time O&O solutions that create added value for both brands and audiences, reinforcing O&O as a key driver of optimization and profitable growth.ProspectsAsiaray will continue to pursue disciplined growth through portfolio optimization, operational excellence, and selective investment in high-potential media assets. Building on its proven strategies and positioning O&O as the central driver of growth, the Group believes this approach provides a sound foundation for sustainable development, even amid ongoing macroeconomic uncertainty. Looking ahead, the Group will remain focused on strengthening its core platforms across transport hubs, expanding data-driven solutions, and creating long-term value for shareholders and stakeholders.Mr. Vincent Lam JP, Chairman and Executive Director of Asiaray, concluded, “We are pleased with the continued improvement in our profitability and margin performance. These results reflect the discipline of our strategy and the commitment of our team. While the market remains challenging, we believe our stronger operating foundation and clearer strategic direction position us well for the future.”About Asiaray Media Group Limited (stock code: 1993.HK)Established in 1993, Asiaray is an out-of-home media company in Greater China with a strategic focus on managing mega transport advertising media, including airports, metro lines, and high-speed rail lines. As of now, the Group’s business network spans nearly 40 cities in Greater China, with advertising media resources available at over 25 airports (including exclusive concession rights at 22 airports); providing exclusive advertising media resources in a total of 15 metro lines, including the Singapore Thomson-East Coast Line (TEL), and a total of16 high-speed rail line and railway stations, including the High-Speed Rail Hong Kong West Kowloon Station and the China-Laos Railway (Yumo Line). Additionally, the Group has been granted exclusive advertising media resources at the Hong Kong-Zhuhai-Macao Bridge (Zhuhai Port), as well as on KMB and LWB bus shelters. In recent years, the Group has actively engaged in programmatic advertising transactions with various ad-tech partners such as Hivestack by Perion, and Vistar Media by T-Mobile.Asiaray is also dedicated to investing in corporate social responsibility and environmental protection initiatives. The company has received the “Hong Kong Green Organisation” award and has been recognised as a “Caring Company”.For more detailed information about Asiaray, please visit its official website: www.asiaray.com or follow the Group’s WeChat official account via the QR code provided (ID: asiaray_airport). Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
What to Prepare Before Opening a Savings Account Online
SINGAPORE, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Setting up a new account for your money in Singapore is easier than ever. In the past, you had to find a bank branch, take a queue number, and wait for a staff member to help you. Now, technology allows you to handle everything from your living room. When you decide to apply for a savings account online, you can complete the entire process in just a few minutes.However, even though the process is fast, it helps to be ready. Here is a simple guide on what you need to have ready before you start your application.Prepare Your SingpassThe primary identification tool for anyone in Singapore is Singpass. Most banks now use MyInfo to retrieve your personal details. When you start your application, the bank will ask you to log in with your Singpass. Once you grant permission, the system automatically fills in your name, address, date of birth, and even your employment details.Using this method is the fastest way to apply for a savings account online. It reduces the chances of typos in your form. Before you begin, make sure your Singpass app is updated and that you remember your login password or have your face recognition working. Ensure to update your home address or income details on the Singpass website first.Documents for Singapore Citizens and ResidentsIf you are a Singapore Citizen or a Permanent Resident using Singpass MyInfo, you usually do not need to upload any physical documents. However, it is still a good idea to have your NRIC nearby just in case you need to verify your identity number manually.For foreigners living in Singapore, you will need your passport, your Employment Pass or S Pass, and official proof of address, which could be a utility bill, a phone bill, or a letter from the government that was sent to you in the last three months. Make sure the name and address on the bill match your application exactly.Proof of IncomeSome savings accounts in Singapore offer higher interest rates if you agree to credit your monthly salary into the account. While you can often open the account without showing your pay slip immediately, having your income details ready is helpful for future planning.If you are a salaried employee, your latest three months of CPF contribution history or your most recent Income Tax Notice of Assessment is usually enough. For those who are self-employed, you might need your tax statements from the last two years. Having these digital files saved on your phone or computer before you begin will make the process much smoother.Mobile Number and Email AddressTo apply for a savings account online, you will need a working Singapore mobile number and a personal email address. During the application, the bank will send you a One-Time Password or a secure link for verification purposes.Make sure your phone has a stable internet connection, which helps prevent interruptions that could require restarting your application. It is also a good idea to ensure that your email inbox can receive the confirmation letter and your new account details immediately.A Plan for Your First DepositSome savings accounts in Singapore require an initial deposit to activate the account. Before you start, make sure you have enough funds in another bank account and that you know your login details for that account.Many online applications will allow you to make your first deposit via an instant transfer or a QR code payment. Having this money ready means your account can start earning interest from the very first day. If you are looking to take advantage of a welcome promotion, such as a cash gift for new customers, you might need to deposit a specific amount, so ensure to check the promotion rules beforehand.Final ThoughtsChoosing to apply for a savings account online is not just about effortless banking; it is also about having more control over your money. Many banks offer extra cash credits or higher interest tiers specifically for those who use digital applications.By preparing your Singpass, your digital documents, and your initial deposit in advance, you remove all the stress from the process. You can move at your own pace and ensure that you are choosing the right account for your long-term goals. Once the form is submitted, you can usually see your new account in your banking app right away, allowing you to start managing your money better immediately.Disclaimer: This article is for general information only and does not have any regard to the specific investment objectives, financial situation and particular needs of any specific person. The views expressed in this article are solely those of the author. This article shall not be regarded as an offer, recommendation, solicitation or advice. You may wish to consult your own professional advisers about this article, in particular, a financial professional before making financial decisions. Any past events, trends and/or performance referred to in this article may not necessarily be indicative of future events, trends or performance. This article is based on certain assumptions and reflects prevailing conditions as at the time of publication, which are subject to change at any time without notice. The author and publisher of this article as well as any other parties associated with this article make no representation or warranty of any kind, whether express, implied or statutory, in respect of this article and accept no liability or responsibility for the completeness or accuracy of this article or any error, inaccuracy or omission relating to this article and/or any consequence, injury, loss or damage howsoever suffered by any person relating to this article, in particular, arising from any reliance by any person on this article. Publishers or platforms may be compensated for access to third party websites.Contact Information:Name: Sonakshi MurzeEmail: Sonakshi.murze@iquanti.comJob Title: ManagerSOURCE: iQuanti Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Cryofocus 2025 Revenue Surges 78%, Losses Narrow by 60% as the Cryotherapy Leader Accelerates Commercialization
HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Cryofocus Medtech (Shanghai) Co., Ltd. ("Cryofocus" or the "Company", Stock Code: 6922.HK), an innovative medical device platform company with a main focus on the field of minimally-invasive interventional cryotherapy, recently announced its annual results for the year ended December 31, 2025. The report highlights that the Company's commercialization process has comprehensively accelerated, delivering exceptional performance across core financial metrics. Alongside exponential revenue growth, Cryofocus achieved significantly improved operational efficiency and drastically narrowed losses, demonstrating its robust growth momentum and intrinsic platform value.Robust Revenue Growth, Drastically Narrowed Losses, and Continuous Improvement in Operational QualityIn 2025, Cryofocus recorded a revenue of RMB 95.27 million, representing a surging increase of 78.0% compared to RMB 53.53 million in the same period of 2024. The loss for the year was significantly narrowed by 60.0% to RMB 44.46 million, down from RMB 111.28 million in 2024, showcasing the Company's outstanding operational efficiency and cost-control capabilities.The Company's overall gross profit reached RMB 63.98 million, a year-on-year increase of 66.6%, while the gross profit margin was maintained at a healthy level of 67.2%. During the reporting period, Cryofocus continued to optimize its R&D efficiency. R&D expenses decreased by 58.6% year-on-year to RMB 30.44 million, primarily due to the reduction in investments following the successful NMPA approval of certain products, as well as the optimization of staff costs. This reflects the steady transition of the Company's R&D pipeline from an early-stage investment phase to a late-stage harvest phase.Comprehensive Acceleration of the Cryotherapy Product Matrix with Respiratory Intervention as the Core Growth Engine The strong financial growth was primarily driven by the commercial volume ramp-up of the Company's cryotherapy product pipeline, which is built upon its unique liquid nitrogen cryoablation technology and advanced flexible catheter technology platforms. Notably, the respiratory intervention product pipeline delivered a stellar performance, acting as the absolute main driving force for revenue growth.In March 2025, the Company's Malignant Stenosis Cryoablation System received approval from the National Medical Products Administration (NMPA) and was successfully commercialized in China in May of the same year, with sales volume climbing rapidly. In addition, the sales of the previously commercialized Cryoadhesion System continued to grow. Meanwhile, the Company further deepened its distribution partnership with the international medical giant Boston Scientific (BSC) in the Chinese market, which contributed considerable incremental revenue.More notably, the Company's Asthma Cryoablation System was granted designation as a "Breakthrough Medical Device" by the U.S. Food and Drug Administration (FDA) in July 2025. This marks an international authoritative recognition of its innovative technology, laying a solid foundation for its future expansion into the global market.Successful Share Placement Fortifies Financial Foundation to Facilitate Global ExpansionTo support future R&D and market expansion, the Company successfully completed the placement of new H shares to specific investors in January 2026. A total of 5,595,000 H shares were issued, raising net proceeds of approximately HK$29.73 million. Cryofocus plans to utilize the funds primarily for the R&D, manufacturing, and commercialization of minimally-invasive interventional products related to vascular intervention, respiratory intervention, and cancer intervention, as well as to provide financial backing for the potential overseas business expansion of these commercialized products.This financing not only bolstered the Company's cash reserves, securing a solid financial guarantee for the clinical development and global registration of subsequent high-value pipeline products—such as the Peri-Pulmonary Nodule Cryoablation System, COPD Cryospray System, Asthma Cryoablation System, and the Cryo-RDN System for resistant hypertension—but also underscored the strong confidence of professional institutional investors in the Company’s technology platform and long-term prospects.Looking Ahead: Platform Advantages Highlighted, Striving to Become a Global Cryotherapy LeaderLeveraging its unique "One Platform, Multiple Tracks" business model, Cryofocus has built a robust product pipeline covering multiple therapeutic areas, including vascular intervention, respiratory intervention, and cancer intervention. The Company currently possesses a comprehensive pipeline comprising 25 products and product candidates, 11 of which have already been commercialized. As more products progressively enter late-stage clinical trials and the regulatory approval phase, the value of the Company's platform is expected to be continuously unlocked.Looking ahead, Cryofocus stated that it will continue to execute its clear strategies: rapidly advancing the clinical development and commercialization of product candidates; further expanding the product portfolio based on its core technology platform; continuously investing in underlying and supporting technologies; and selectively expanding its worldwide footprint. The Company is steadily transitioning from an R&D-driven approach to a dual-engine model driven by both R&D and commercialization, taking solid steps toward its vision of becoming a "global medical device platform in the field of minimally-invasive interventional cryotherapy." Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
JS Global Announces 2025 Annual Results, Adjusted Net Profit Up 338%
HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - JS Global Lifestyle Company Limited (Stock Code: 1691.HK) ("JS Global" or the "Group") has announced its annual results for 2025, reporting revenue of USD1.66 billion, representing a year-on-year increase of 4.1%. Gross profit was USD534 million, up 4.6% year-on-year, with gross profit margin improving to 32.2%. On an adjusted basis, the Group’s revenue from third parties reached USD1.565 billion, an increase of 14.8% year-on-year, while adjusted net profit was USD31.10 million, up 338.0% year-on-year. This demonstrates the very strong performance of the Group’s core operations and a clear improvement in profitability on an adjusted basis.In 2025, the SharkNinja APAC segment delivered strong growth, mainly driven by continued market share gains of its core product categories, successful expansion into new product categories and rapid entry into new markets. For example, in the cordless vacuum cleaner market in Japan, the brand strength and product competitiveness of Shark continued to improve. At the same time, the Group continued to launch new products in the Japan market, such as upgraded portable blenders and new cooking appliances, further enriching Ninja’s product portfolio in Japan. The Group’s core categories in Australia and New Zealand also continued to perform well, mainly benefiting from the strong performance of new products such as cordless vacuum cleaners, ice beverage makers and coffee machines. In other countries and regions in Asia Pacific, the Group is also actively expanding, accelerating its layout and development in emerging markets.In 2025, the Joyoung segment achieved modest growth in domestic sales revenue, mainly driven by the contribution of differentiated new products and product mix optimisation, and realised a recovery in profitability through initiatives such as tighter control of selling expenses and improved marketing efficiency. Various “trade-in of old for new” and “government subsidy” policies launched by different levels of government in China boosted demand for certain mid- to high-end products. In response, Joyoung promptly launched its “Space Series” of new products, which focus on key value propositions such as high quality, stylish design, outstanding value-for-money and health and wellness, enhancing consumers’ quality of life while better addressing their emotional needs.Overall, in 2025, while maintaining steady revenue growth, JS Global further strengthened the growth potential and earnings resilience of its principal businesses. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
From Sell-Down Overhang to Heavy Institutional Holdings: Shoucheng Holdings (0697.HK) Upgrades Its Shareholder Structure and Opens the Door to Value Re-Rating
HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Over the past two years, Shoucheng Holdings (0697.HK) has persistently faced a major valuation overhang in the capital markets, namely the supply-side pressure created by the gradual exit of early shareholders through block trades.In his Chairman’s Statement, Chairman Zhao Tianyang said that this historical issue has now entered a stage of clear easing. Looking back at the company’s shareholder structure, Shoucheng Holdings introduced multiple rounds of strategic investors during its entrepreneurial and transformation phases. Angel-round investors included Chow Tai Fook Enterprises and ORIX; Series A investors included Hopu, JD.com, and Beijing State-owned Capital Operation and Management Center; while Series B investors included institutions such as Sunshine Insurance. These shareholders supported the company’s development for periods ranging from three to five years to as long as seven to eight years, and their gradual exits are, in essence, a normal process of capital rotation during a company’s growth.More importantly, Zhao Tianyang noted in the statement that most of the shares sold by exiting shareholders were proactively taken up by top-tier international investors and professional institutional investors from both China and overseas. This means that the sell-down pressure that previously troubled the market has largely been absorbed. It also indicates that ownership is shifting from early-stage and purely financial investors to professional institutions with stronger conviction in the company’s long-term value proposition, resulting in simultaneous improvements in both shareholder structure and shareholder quality. For the market, this is not only an inflection point in supply-side pressure, but also the basis for a shift in valuation logic.Chairman Zhao Tianyang also stated that the company is determined to ensure that investors at different stages can all share in the rewards of the company’s growth, further strengthening market expectations for the realization of the company’s long-term value. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Sigenergy Passes Hearing: “AI + Energy Storage” Driving a 150-fold Revenue Surge and Redefining Industry Growth
HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Sigenergy Technology (Shanghai) Co., Ltd. (hereinafter referred to as "Sigenergy" or the "Company"), a leading global provider of AI-native solar-storage-charging solutions, officially passed its listing hearing with the Hong Kong Stock Exchange (HKEX) today.A spiring to be the "Apple of the Energy World," Sigenergy has reshaped the energy product ecosystem with "AI + Energy Storage" at its core. By positioning AI as the underlying capability permeating product design, system operation, and user interaction, the Company has achieved a leap from "manufacturing" to an "intelligent system platform." Leveraging disruptive AI product power and a precise global high-end strategy, the Company has demonstrated extraordinary growth momentum: revenue surged over 150-fold within two years, and the gross margin for 2025 exceeded 50%, showcasing a new paradigm of "value-driven growth" to the capital market.Revenue Grew 150-fold in Two Years; Profitability Ranks Among the Top in the IndustryAccording to the latest data disclosed in the prospectus, Sigenergy's revenue scale has demonstrated extreme growth momentum. As of December 31, 2025, the Company’s operating revenue soared from RMB 58 million in 2023 to RMB 9 billion in 2025, achieving an astonishing growth of over 150-fold within two years.While achieving rapid expansion in revenue scale, the Company's profitability has also significantly improved. Its gross margin rose steadily from 31.3% in 2023 to 50.1% in 2025, with an adjusted net margin as high as 35.9% in 2025. Both indicators rank among the top in the global distributed energy storage industry. This reflects that the Company has successfully broken away from the common low-price competition framework of the industry, enhanced its pricing power through technological advantages, and thereby achieved synergistic growth in both scale expansion and profitability levels.From "5-in-One" to Full-Scenario Coverage: Reshaping the Energy Management ParadigmSigenergy's core product, SigenStor, with its pioneering "5-in-one" design concept, has completely restructured the system morphology of distributed energy storage. SigenStor deeply integrates the solar inverter, power conversion system (PCS), battery pack, DC fast charging module, and energy management system (EMS) into a single platform. Through "AI + stackable" technology, users can flexibly expand system capacity as easily as building "LEGO" blocks. This highly integrated and extremely standardized system architecture optimizes the installation experience and provides the foundation for large-scale channel replication and global promotion.At the system level, the Company has achieved near 0-millisecond on/off-grid switching technology through hardware-software synergy and system control optimization. Compared to traditional backup power solutions, its "seamless switching" characteristic minimizes the impact of grid fluctuations or interruptions on end-user electricity consumption. This ensures the continuous operation of critical loads in residential scenarios and effectively avoids production and operational losses caused by instantaneous power outages in industrial and commercial (C&I) scenarios.On this basis, the Company has constructed a product portfolio covering residential, C&I, and large-scale utility power plants. In residential and C&I scenarios, the Company adopts modular, highly integrated, and scalable designs, enabling systems with flexible deployment and continuous upgrade capabilities. In utility-scale scenarios, the Company provides long-term value to customers centered on the concepts of "high yield, long-term safety and reliability, and simple O&M."This multi-scenario layout is built upon platform-based capabilities anchored in a unified technical foundation. Through integrated hardware-software design, a unified data architecture, and control logic, the Company has achieved technical synergy and capability reuse across different products and scenarios. This system enhances R&D efficiency and product iteration speed, providing the underlying support for the Company's global scale replication and long-term profitability."AI in All" Constructs a "Growth Flywheel", Driving a Fundamental Leap in Ecological ValueSigenergy adheres to the "AI in All" strategy, viewing AI as a fundamental capability permeating product design, system operation, and user interaction. At the critical juncture of the global energy transition toward intelligence and systematization, the Company is driving energy management from single-device control toward multi-device synergy and global optimization. In this way, dispersed devices, complex energy flows, and diverse application scenarios are integrated into a highly synergistic whole, empowering the entire energy system with unified dispatching and continuous evolution capabilities.Based on this strategy, all core products of Sigenergy have pre-allocated computing power, data interfaces, and control capabilities during the architectural design stage. Whether it is the SigenStor residential system, AC EV chargers, or C&I and utility-scale products, all can seamlessly access the AI ecosystem. This means the Company is building not just individual devices, but an AI-centric energy system capable of cross-scenario synergistic operation. The dimension of competition has upgraded from single-product performance to a comprehensive competition of system capabilities, ecological capabilities, and continuous evolution capabilities.The deeper value of AI capabilities lies in the formation of a "Growth Flywheel." As the number of globally deployed devices increases, while ensuring data security and user rights, the AI system continuously accumulates real-world operational data such as weather, electricity prices, power generation, loads, and user habits. This makes power consumption decisions more precise and system operations more efficient, thereby forming an ever-deepening ecological barrier.More importantly, this capability has directly translated into commercial value. In overseas high-end markets with dynamic electricity pricing, the AI system can assist users in optimizing power strategies to maximize energy economic benefits. Taking the Swedish market as an example, the system has helped users reduce their average electricity costs by approximately 70%, directly converting AI capabilities into "tangible economic returns" and creating incremental value that traditional products cannot provide. Leveraging its leading AI application capabilities, Sigenergy has achieved a fundamental leap from an "energy equipment manufacturer" to an "AI-centric energy system platform."Leading Global Market Share; Comprehensive Upgrade of Delivery CapabilitiesAs of December 31, 2025, the Company has established partnerships with 172 distributors and over 17,600 installers from 85 countries, covering core markets such as Europe, Asia-Pacific, North America, and Africa, and extending to emerging regions like Latin America, Central Asia, and South Asia. The Company has built a relatively sophisticated sales, service, and technical support network globally, laying a solid foundation for rapid localization in high-threshold markets and serving as the driving force for long-term growth.Against the backdrop of intensified industry competition, Sigenergy persists in a development path that combines high-end positioning with globalization. Through "strategic superiority" via technology—deeply integrating modular design, full-scenario integration, and AI dispatching algorithms—the Company effectively avoids homogenized competition and continuously enhances product added value. The prospectus shows that high-value markets such as Australia and Europe have become core pillars of the Company's business growth, with sales revenue ranking in the top two. In global benchmark markets with stringent requirements for product performance and safety, according to market reports from the Australian energy consultancy SunWiz, Sigenergy ranked first in market share for systems under 1,000kWh in Australia, Ireland, and South Africa in 2025; it also holds leading positions in markets such as the UK, Sweden, and the Benelux region. This series of market performances fully validates the Company's strong brand premium and commercialization capabilities in high-end market segments.To support global expansion, the Company has constructed three major manufacturing bases centered in Shanghai Lingang, Jinqiao, and Nantong, Jiangsu. Among them, the Nantong Smart Energy Center officially commenced production in the first quarter of 2026, with a total investment of RMB 500 million and a total construction area of 136,000 square meters. With an annual capacity exceeding 300,000 inverters and battery PACKs, it is one of the world's largest single-unit distributed energy storage factories. Through a synergistic system of "advanced manufacturing bases + intelligent industrial systems + deep AI empowerment," the Company has not only achieved the rapid release of large-scale capacity but also built high-consistency and high-reliability global delivery capabilities, forming a critical manufacturing barrier against competitors.For this Hong Kong listing, the Company intends to use the proceeds for R&D investment, global sales network expansion, and intelligent manufacturing upgrades. Following the successful passing of the hearing, Sigenergy will continue to leverage its "AI-native" technological advantages, driving the industry's transition from traditional equipment competition to a comprehensive transformation defined by AI-driven systems, ecosystems, and long-term value.For inquiries, please contact:EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITEDMs. Claire ZhangTel: (852)3468 8171 Email: project_alps.list@everbloom.com.cn Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
S CUBE Capital Fund Ranked No. 1 Fixed Income Performer in Asia Pacific by Bloomberg
Singapore, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - S CUBE Capital’s Fixed Income Tactical Opportunities Fund II, managed by the Singapore-based investment manager specializing in Global and Indian strategies, has been ranked by Bloomberg as the top-performing USD fixed income fund. The firm outperformed strategies managed by leading global institutions across a universe of funds spanning 15 Asia Pacific markets including Singapore, Hong Kong, India, China, Japan, Korea, Taiwan, Australia and Mauritius.Over the one-year period ending January 31, 2026, Bloomberg reported that FITOF – Fund II delivered total returns of 12.44%, outperforming its nearest peer by more than 200 basis points. This recognition follows a similar distinction received by S CUBE two years ago and underscores the strength of the firm’s investment framework, as well as its deep expertise in navigating global credit markets. While the fund remains focused on high-quality bonds, its positioning has maintained a meaningful overweight to Indian credits, reflecting strong conviction in the country’s macroeconomic trajectory.Commenting on the performance, Hemant Mishr, Founder and CIO, S CUBE Capital, said "We are delighted to receive this recognition – it is particularly special as it marks our second such recognition in the past three years and comes against a backdrop of heightened geopolitical risk and a challenging macroeconomic environment. To be acknowledged alongside such a strong cohort of global funds is a testament to the strength of our team and the rigor of our investment framework.“We are seeing strong investor interest supported by favourable tailwinds. A change of guard at the US Fed is reinforcing expectations of a more dovish monetary policy. At the same time rising stress in the private credit market is likely to catalyse a rotation of capital towards public credit strategies- an area where we are well positioned to capture attractive risk-adjusted opportunities” adds Hemant."Balaji Swaminathan, Founder and CEO, S CUBE Capital added “We are pleased to be recognized once again for delivering consistent returns for our investors. Our focus remains on combining rigorous credit selection with deep on-the-ground insights to capture opportunities across Asia and our overweight position in Indian dollar issuers has been a key driver of our performance. As India’s role in the global economy continues to strengthen, we believe our platform is well positioned to connect international investors with high-quality credit opportunities in the region”.About S CUBE CapitalS CUBE is a global fund management company domiciled in Singapore and regulated by the Monetary Authority of Singapore (MAS). We are a strong and dedicated team of internationally experienced experts delivering institutional investment expertise to client. Our team has managed investments of over USD 50 billion in our previous roles and has a cumulative experience of over 100 years in Global Financial Markets across assets including Credit, Equities, Fixed Income, Rates, FX and Commodities. For more information visit https://scubecapital.com/.Media contact:Namrata Sharma+65 81383034Namrata.sharma@adfactorspr.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Haitian Flavouring Releases 2025 Annual Results: Multi-Dimensional Category Growth + Accelerated Globalization – High-Quality Growth Highlights Long-Term Value
HONG KONG, Mar 29, 2026 - (ACN Newswire via SeaPRwire.com) - Condiments are an important carrier of Chinese culinary culture, playing an irreplaceable role in people’s daily diet, the upgrading of the catering industry, and the development of the food industry. As the absolute leader in the condiment industry, Foshan Haitian Flavouring & Food Co., Ltd. (A-share: 603288; H-share: 03288) delivered a high-quality performance report in 2025, leveraging its comprehensive product portfolio, leading digital and intelligent capabilities, and resolute internationalization strategy. The company continues to lead the industry and stands as a well-deserved industry benchmark.On 26th March, Haitian Flavouring released its 2025 annual report. Financial data shows that in 2025, the company achieved total revenue of RMB 28.873 billion, a year-on-year increase of 7.32%. Profitability improved simultaneously, with full-year net profit attributable to shareholders of the parent company reaching RMB 7.038 billion, up 10.95% year-on-year; net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses amounted to RMB 6.845 billion, a year-on-year rise of 12.81%, and the gross profit margin of its core condiment business reached 41.78%, representing a year-on-year increase of 3.15 percentage points. All operating data hit record highs, demonstrating strong development resilience and core competitiveness, and further widening the gap with industry peers.Product Matrix Diversification: Building a Foundation for Multi-Dimensional GrowthAs a time-honored Chinese enterprise with a 400-year history deeply rooted in the condiment industry, Haitian Flavouring has built a stable and resilient multi-dimensional growth pattern through its continuously enriched product portfolio for the mass market, with its core product categories maintaining a globally leading competitive position.In the soy sauce category, Haitian Flavouring has always adhered to a consumer-centric approach. Focusing on consumers’ diverse needs, the company has continuously innovated in flavor, functionality, and specifications, establishing a complete product matrix covering both basic mass consumption and various segmented scenarios. Its product lines include not only classic series, premium soy sauce series, and time-honored series for daily cooking, but also healthy and nutritious lines such as organic, less-sodium, iron-fortified, selenium-enriched, and gluten-free products, as well as trendy products such as matsutake premium soy sauce.In the oyster sauce category, the company insists on selecting premium whole oysters from high-standard marine ranches and simmering them into sauce. With genuine ingredients and rigorous craftsmanship, Haitian oyster sauce maintains its advantage of being “rich in flavor, free from any fishy taste; one simple step to seal in freshness” . Currently, the company has launched diversified products such as Haitian superior oyster sauce and golden label oyster sauce, covering different flavors, packaging specifications, and price points. In response to consumer demand, the company has carried out scenario-based innovation, successively launching new products such as spicy oyster sauce and matsutake fresh oyster sauce to continuously enrich consumer choices.In the seasoning sauce category, the company’s products are mainly divided into two categories: basic flavored sauces and compound flavored sauces. It has built a product system with rich categories, diverse flavors, and multiple scenarios, such as Chu Hou Paste, Hoisin Sauce, Sauce for Rice, and Mushroom Sauce, which are suitable for different cooking methods. Meanwhile, the company adheres to a dual-wheel layout of “traditional vinegar + specialty vinegar,” developing regional characteristic rice vinegar such as sweet rice vinegar, selected fresh rice vinegar, and kangle vinegar, as well as specialty fruit vinegar including sugar-free apple cider vinegar and raw orange vinegar. This has formed a rich and diverse vinegar product system, further consolidating the company’s all-category competitive advantages, providing solid support for its steady performance growth, and building a profound market barrier.Benefiting from the recovery of the consumer market and its extensive product portfolio, Haitian Flavouring’s core categories including soy sauce, oyster sauce, and seasoning sauces maintained steady development in 2025, achieving operating revenues of RMB 14.934 billion, RMB 4.868 billion, and RMB 2.917 billion respectively, with year-on-year growth rates of 8.55%, 5.48%, and 9.29%. The three major categories maintained positive growth simultaneously, providing solid support for the overall performance.As of the end of 2025, Haitian Flavouring has established 7 product series each generating over RMB 1 billion in revenue, and more than 30 product series each exceeding RMB 100 million, with product concentration and competitiveness continuing to improve. Among them, the two products series of Golden Label Light Soy Sauce and Mushroom Dark Soy Sauce have been bestsellers for over 60 years. The two products series of Premium Soy Sauce and Haitian Superior Oyster Sauce have achieved annual revenue of over RMB 1 billion per product for over 10 consecutive years, becoming the core drivers supporting the Company's steady performance growth and demonstrating strong product vitality and high market recognition.While consolidating its advantages in core product categories, Haitian Flavouring proactively adapts to the trend of consumption upgrading, invests heavily in new product development, creates trend-setting new products, and forms a continuously evolving growth flywheel. Supported by its industry-leading product strength, the nutritionally healthy product series, represented by organic and less-sodium options, achieved operating revenue with a year-on-year growth rate of 48.3%, significantly outperforming the industry average growth rate and opening up a new growth curve for the Company's performance growth.Furthermore, Haitian Flavouring is proactively transforming itself from a "condiments supplier" to a "comprehensive flavor solutions provider," accurately capturing the new market opportunities brought by the industrialization and chain-upgrading of the catering industry. As of the end of 2025, the Company has cumulatively provided one-stop commercial condiment solutions to catering chains, food enterprises, and numerous global retail brands, further expanding its profit margins.Meanwhile, the Company boasts leading digitalization-enabled flexible production and customized service capabilities. It can produce up to over 20 specifications and more than 130 SKUs of different products on the same production line, with its customized service response and time-to-market speed leading the industry. Powered by its digital transformation, the Company's ultimate supply chain has established a new paradigm for the collaborative development of "customization, scale, quality-to-price performance ratio" in the manufacturing industry. This not only ensures stable and safe product quality to meet the stringent requirements of chain catering but also caters to the diverse needs of different users for condiments.Digitalization Empowers Across the Entire Chain, Technological Innovation Boosts EfficiencyTechnology development and technological innovation are the core engines driving Haitian Flavouring's performance growth. The Company proactively embraces the AI era, deeply integrating artificial intelligence and big data into the entire chain of R&D, production, supply, and sales. This promotes the organic integration of cutting-edge digital technologies with millennia-old brewing techniques, achieving a comprehensive leap in production efficiency, product quality, and operational effectiveness.Every year, Haitian maintained R&D investment at approximately 3% of its operating revenue, solidifying the foundation for innovation with a long-term perspective. Meanwhile, the Company’s Gaoming production base was successfully recognized as the world's first "Lighthouse Factory" in the soy sauce brewing industry, a benchmark for smart manufacturing certified by the World Economic Forum, redefining the Digitalization height of the traditional condiments industry.With comprehensive digital empowerment, Haitian's supply chain operational efficiency has significantly improved. In 2025, the Company's On-Time In-Full (OTIF) delivery rate continued to optimize, and customer service levels reached a new height. At the same time, the ratios of manufacturing expenses and direct labor costs to operating costs-two core cost indicators- surpassed those of most peers, achieving a dual breakthrough in quality improvement, efficiency enhancement, and cost control.Thanks to its outstanding digital practices, in 2025, the Company won numerous awards, including the "CGF China Supply Chain Digitalization and Sustainable Resilience Development Case" and the "National Typical Cases of Digital Transformation in Manufacturing", establishing itself as a benchmark for digital transformation in the industry. Additionally, the national standard " General Technical Requirements for Food Production Digital Factories", led by Haitian, was officially released. This fills the gap in the field of digital factory construction in China's food industry and provides authoritative and unified technical guidelines and an implementation framework for the Digitalization upgrading of the food industry.Leveraging smart technologies, the Company also achieved notable progress in green manufacturing. In terms of energy structure, the scale of solar photovoltaic power stations increased by nearly 100%, and a biomass power generation project was also put into operation. Power generated from green energy reached 29 million kWh, while the share of green electricity exceeded 28%. Through a smart water-saving system, the Company made dedicated efforts to set a benchmark in water conservation, recycling 1.88 million cubic meters of water over the past year, equivalent to the capacity of 752 standard swimming pools. In 2025, the Company implemented 128 energy-saving and carbon-reduction initiatives, these efforts resulted in a total reduction of 29,000 tonnes of carbon dioxide equivalent, marking a solid step forward in its green and low-carbon development.Accelerating Global Expansion, Charting a New Course on the World StageWhile maintaining its leading position and deepening its presence in the domestic market, Haitian Flavouring has been proactively expanding its international footprint and accelerating its pace to "set sail" for global markets. Adhering to a dual-track development approach of "global standards + local adaptation," the Company’s products are now sold in over 80 countries and regions worldwide. It has been named a "Chinese Brand Loved by Foreigners" for two consecutive years, reflecting its growing international influence and marking a transition from "product export" to "enterprise globalization."Recently, the Company successfully upgraded its British Retail Consortium (BRC) rating from Grade B to Grade A, a testament to its quality control system receiving internationally recognized accreditation and achieving a world-class standard. This accomplishment has instilled strong confidence in the Company’s efforts to further expand its global footprint and enter premium retail channels in Europe and the United States, while also underscoring the high quality and international competitiveness of Haitian’s products.On March 17, the Company was recognized as a Leading Enterprise in the 2026 Forbes China Pioneer Innovators in Industry Development Selection in recognition of its digital and intelligent transformation as well as its green development practices, affirming the Company’s long-term value creation.In June 2025, the Company was successfully listed on the Hong Kong Stock Exchange, marking a new milestone as it now operates on the dual A+H share platform. The listing attracted eight prominent domestic and international institutions, including Hillhouse Capital and the Government of Singapore Investment Corp (GIC), to serve as cornerstone investors, underscoring the international market's recognition of the Company's growth potential and providing ample capital to support its global expansion strategy. In the same year, the Company also established its overseas production base, further enhancing its global production and sales network. This provides a solid foundation for building a global supply chain and leveraging the Company's competitive advantages from the domestic market, marking a critical step forward in the execution of its internationalization strategy.On the brand development front, the Company continues to deepen its commitment to “400-Year Legacy of Oriental Flavor” Through iconic IPs such as Chef of China, it has captured widespread attention across Mainland China, Hong Kong, Macao, Taiwan, and beyond, creating a deep resonance between traditional brewing culture and modern consumer experiences. In addition, the Company launched the “Ambassador for Chinese Flavor” Initiative, bringing together collaborators to ignite global enthusiasm for authentic Chinese cuisine.Overall, in 2025, Haitian Flavouring delivered an impressive performance, driven by its steady operations and forward-looking strategy. Building on a comprehensive product matrix and leveraging digital empowerment, the Company has successfully achieved a strategic transformation through in-depth, full-channel operations. This has enabled it to establish a core competitive edge capable of withstanding market volatility and navigating industry cycles.Looking ahead, the Company will continue to uphold its dedication to craftsmanship and innovation, further consolidate its leading position in the domestic market, and steadily accelerate its global expansion. By doing so, it aims to support the high-quality development of the traditional condiment industry, bring the taste of China to the world, and continue to lead the industry toward a new era of higher quality. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Shoucheng Holdings (0697.HK) Reports Approximately 37% Year-on-Year Growth in Industrial Fund Revenue, with Its Dual-Core Businesses Opening Up New Space for Earnings Realization
HONG KONG, Mar 29, 2026 - (ACN Newswire via SeaPRwire.com) - The 2025 annual report of Shoucheng Holdings (0697.HK) sends a clear signal: the company is entering what it describes as its “best period in history.” The key to this assessment lies not merely in the growth of a single business segment, but in the fact that, after eight years of continuous transformation, Shoucheng Holdings has established a dual-engine core business model of “industrial funds + asset management” and is now entering a new phase of accelerated earnings realization.In his Chairman’s Statement, Chairman Zhao Tianyang noted that over the past eight years, the company has completed a continuous evolution from the divestment of non-performing assets and the injection of high-quality assets, to asset restructuring, deep industrial cultivation, and finally the realization of returns. Today, the company is steadily entering a stage of medium-to-high-speed growth. This also means that Shoucheng Holdings has moved beyond its earlier restructuring-and-recovery logic and into a new cycle marked by clear core businesses, a mature business model, and accelerating value release.From a business framework perspective, “industrial funds + asset management” has become the company’s most important growth engine. The former is responsible for value discovery, project investment, and securing high-quality assets, while the latter is responsible for operational efficiency enhancement, cash flow accumulation, and asset appreciation. Together, they form a closed-loop model spanning investment, operation, and exit, giving the company stronger earnings stability and greater certainty of future growth.Among these businesses, the industrial fund segment has delivered particularly strong growth. In 2025, revenue related to the company’s industrial fund business reached approximately HKD 402 million, representing a year-on-year increase of about 37%. This shows that the segment has moved beyond a single management-fee model and entered a new phase driven by a dual engine of “management fees + investment returns.” At the same time, the company is advancing the launch of two core funds: a strategic emerging and future industries fund, and a special fund for asset restructuring, with its fund matrix continuing to expand.The asset management business has further strengthened the company’s earnings foundation. In 2025, Shoucheng Holdings assisted in the issuance of seven publicly offered REITs and served more than 20 projects, corresponding to a total issuance scale of over RMB 100 billion. The company also continued to expand its presence in technology parks, consumer infrastructure, data centers, and clean energy. In its static transportation business, the company has promoted an upgrade from a single parking-fee model to diversified commercial revenue generation. Innovative business revenue accounted for 20% of the segment, while revenue yield per parking space increased by 17%, demonstrating the company’s ability to achieve both stable cash flow and asset appreciation.Overall, what is most noteworthy about Shoucheng Holdings at present is not just its earnings growth itself, but the fact that its dual-core businesses of “industrial funds + asset management” have formed a complete closed loop, and the company is now moving from “completing transformation” to “realizing value.” The phrase “best period in history” is the most fitting testament to this pivotal leap forward. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
From Parking Fees to ‘Mother Port’ Services for Autonomous Vehicles, Shoucheng Holdings (0697.HK) Is Rewriting the Business Model of Parking Lots
HONG KONG, Mar 29, 2026 - (ACN Newswire via SeaPRwire.com) - Shoucheng Holdings (0697.HK) is redefining the commercial value of parking lots. According to information released in the company’s 2025 annual report, parking lots are no longer merely static spaces that rely on parking fees for profit. Instead, they are being upgraded into intelligent digital infrastructure nodes serving Robotaxis, Robovans, and even eVTOL aircraft. Shoucheng uses the term “mother port” to describe this transformation, meaning that parking lots in the future will do far more than provide parking spaces. They will also support charging, berthing, maintenance, dispatching, automatic docking, and other back-end support services, becoming critical hubs in autonomous mobility systems.This shift is, in essence, a rewriting of the business model. Traditional parking lots mainly depend on time-based parking fees. Under Shoucheng’s E Park model, however, revenue streams are expanding to include dispatch service fees for autonomous vehicles, charging, battery swapping, and hosting fees for robots, maintenance and OTA service fees, commercial display and advertising revenue, and intelligent business integration income. Accordingly, the core assets of a parking lot are no longer limited to the number of parking spaces, but now also include site resources, intelligent platforms, charging and battery-swapping facilities, dispatching capabilities, and ecosystem support capabilities for autonomous operations.Behind this transformation lies a change in the commercialization logic of the autonomous driving industry. In the past, the sector focused more on whether vehicles could operate on the road. Today, the key factors determining operating efficiency are increasingly concentrated in back-end functions such as charging, berthing, maintenance, and dispatching. Where vehicles go to recharge after completing orders, where they park during off-peak hours, how faults are handled, and how cross-regional fleets are deployed efficiently now determine not only whether a single vehicle can be put on the road, but also whether an entire fleet can sustain operations and scale up. For this reason, parking lots are no longer the end point of the mobility chain; they are becoming the starting point of the next round of operations.Shoucheng’s unique advantage lies in its strong ability to integrate site resources and drive industrial synergies. Through models such as PPP and BOT, the company has long acquired operating rights and concession rights, with business coverage spanning airports, healthcare, public services, and other diversified scenarios, giving it the foundation to build a city-level node network. At the same time, Shoucheng also has a dual-engine capability combining industrial funds and asset operations. On one end, it is strategically positioned in embodied intelligence and robotics; on the other, it upgrades static transportation sites, enabling parking lots to more smoothly accommodate the emerging needs of the autonomous driving and robotics industries.In terms of implementation, this model has already begun to prove itself. Shoucheng has advanced robotics applications in relevant scenarios at Terminal 3 of Beijing Capital International Airport, and together with Wisson Robotics, it has built a demonstration project featuring robots and automatic charging at the Chengdu ICD project, promoting the extension of underground parking lots from single-purpose parking spaces to intelligent operational scenarios featuring integrated parking and charging. This shows that the “mother port” model is not just a concept, but is gradually moving toward practical application.It is foreseeable that in the future, the key to competition among parking lots will no longer be simply the number of parking spaces or parking turnover rates, but rather who can connect dispersed nodes into a citywide service network covering charging, berthing, operations and maintenance, and dispatching needs. What Shoucheng Holdings is betting on is no longer just parking fee income, but a more imaginative entry point into downstream service infrastructure in the era of autonomous mobility. For Shoucheng, parking is not the destination; “mother port services” are the real starting point of its new business model. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Shoucheng Holdings (697.HK) Sees an Inflection Point Approaching for REITs and Plans to Substantially Scale Up Investment in 2026
HONG KONG, Mar 29, 2026 - (ACN Newswire via SeaPRwire.com) - Shoucheng Holdings (697.HK) is accelerating the build-out of its end-to-end REITs platform. In 2025, the company recorded investment income of HKD 222 million in this segment, along with dividend income of HKD 54.075 million, for a combined total of approximately HKD 276 million, representing about 19.2% of total revenue. This business has gradually become an important source of profit.At the same time, the company partnered with China Life to establish a REITs stabilization fund with a total size of RMB 10 billion, further extending its reach into capital allocation and strengthening its closed-loop capabilities across investment, management, operation, and exit. As the business continues to deepen, Shoucheng Holdings is simultaneously advancing allocations to existing REITs and building reserves of incremental infrastructure assets, thereby continuously enhancing its capabilities in asset sourcing, operational synergies, and capital operations.In his Chairman’s Statement, Chairman Zhao Tianyang assessed that the infrastructure asset market is now approaching an “inflection point.” Following the earlier price correction, the company will comprehensively scale up investment in 2026, continue to actively position itself around high-quality infrastructure assets and REITs opportunities, and seize the next market window. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Behind the Fourfold Growth of the Beijing Robotics Fund in Four Years: Shoucheng Holdings (0697.HK) Locks In Its Position at the Infrastructure Gateway for Robotics Commercialization
HONG KONG, Mar 29, 2026 - (ACN Newswire via SeaPRwire.com) - Against the backdrop of continued momentum in humanoid robots and embodied intelligence, Shoucheng Holdings (0697.HK) is rapidly gaining market attention for its expanding presence in the robotics sector. According to the latest 2025 Chairman’s Statement, the Beijing Robotics Industry Development Investment Fund, which the company co-manages, has achieved approximately fourfold growth in portfolio valuation over the past four years, demonstrating strong capabilities in deal sourcing and value realization. At the same time, Shoucheng Holdings has invested in more than 20 leading companies in embodied intelligence and robotics, covering multiple areas including humanoid robots, quadruped robots, medical robotics, and the low-altitude economy, gradually building a relatively comprehensive industry footprint.Based on disclosed projects, the company’s investment portfolio already includes a number of representative enterprises such as Unitree Robotics, Galbot, Xinghaitu, TowardPi Medical, Volant, and DEEP Robotics. Management has also previously disclosed that the funds under the company’s management have cumulatively invested more than RMB 2 billion in the robotics industry, completing over 40 transactions. As the valuations of leading projects continue to rise and exit timelines gradually progress, Shoucheng Holdings is expected to unlock profits in the future through fund distributions, management fees, and carried interest.Taking Unitree Robotics, which has submitted a listing application, as an example, based on minimum post-offering dilution calculations, the value of the relevant equity stake held by the Beijing Robotics Fund has increased from approximately RMB 520 million to approximately RMB 1.55 billion, generating about RMB 1 billion in book value appreciation. This also reflects, from another angle, the return potential accumulated by Shoucheng Holdings through its forward-looking positioning in the robotics sector.In addition to investment returns, another differentiated advantage of Shoucheng Holdings lies in its ability to combine industrial investment with asset operation capabilities. Leveraging managed scenarios such as parking facilities, industrial parks, and airports, the company can provide portfolio robotics companies with support in product display, testing, energy replenishment, operations and maintenance, and commercialization deployment, gradually forming a closed-loop model of “investment + scenarios + operations.” This not only helps improve the deployment efficiency of portfolio companies, but also has the potential to enhance the utilization efficiency and commercial conversion capability of the company’s assets.In terms of shareholder returns, the company proposed a total dividend of HKD 780 million for 2025, corresponding to a dividend yield of approximately 5.6%. While continuing to increase its investment in robotics and embodied intelligence, Shoucheng Holdings has also demonstrated an operating profile that balances growth potential with shareholder returns. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
















