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<?xml version="1.0" encoding="utf-8"?><?xml-stylesheet href="https://www.acnnewswire.com/rss/rss2full.xsl" type="text/xsl" media="screen"?><?xml-stylesheet href="https://www.acnnewswire.com/rss/itemcontent.css" type="text/xsl" media="screen"?><rss version="2.0"><channel><title>ACN Newswire</title><link>https://www.acnnewswire.com</link><description>ACN Newswire press release news - Recent Press Releases</description><item><title>First Quarterly Profit, High-Quality Platform Growth, NaaS Technology Accelerates Ecosystem Development</title><pubDate>Fri, 22 Nov 2024 23:22:00 +0800</pubDate><description><![CDATA[<p style="text-align: justify;"><strong>HONG KONG, Nov 22, 2024 - (ACN Newswire) - </strong>On November 20, NaaS Technology Inc. (NASDAQ: NAAS), the first U.S.-listed EV charging service company in China, released its Q3 2024 earnings report, showcasing an impressive performance.</p><p style="text-align: justify;">According to the announcement, the company's core strategy—its charging service business—has shown strong growth, contributing RMB 42.37 million in revenue, a 36% year-over-year increase, accounting for 95% of total revenue. This highlights the success of the company’s strategic focus, which also resulted in a significant increase in gross profit margin. In Q3 2024, the gross profit margin reached a record-high 57%, up from 38% in the previous quarter. Notably, the company achieved a critical milestone this quarter by recording its first-ever positive net profit. Non-IFRS net profit attributable to ordinary shareholders was RMB 21.2 million (US$ 3.0 million) for the third quarter, signaling a successful transition to the "high-quality development" phase, focusing on profitability and marking a significant improvement in the company’s earning capabilities.</p><p style="text-align: justify;"><strong>Strategic Focus on Charging Services, Strengthening the Role as an Industry Connector</strong></p><p style="text-align: justify;">NaaS's strong profitability this quarter is closely tied to its strategic decision to focus on its charging services business, which is a platform business in nature.</p><p style="text-align: justify;">As a leader in third-party electric vehicle (EV) charging services, NaaS does not directly operate charging stations. Instead, it leverages its robust connectivity, operational, and intelligent digital capabilities to act as an "industry connector." Positioned as a platform linking supply and demand in the EV charging industry, NaaS avoids the low-profit, high-capital-intensive energy solutions segment and emphasizes the distinct platform characteristics of its charging service business.</p><p style="text-align: justify;">NaaS’s charging service business is supported by its strategic partnership with the Kuaidian APP, which serves as a traffic portal to provide interconnection services for various charging operators. The partnership expands NaaS’s user outreach while also improving EV charging stations’ utilization and operational efficiency, by drawing to them more customer traffic . For EV owners, the service enables quick searches for nearby charging stations, including real-time status updates, improving charging efficiency and optimizing the user experience.</p><p style="text-align: justify;">NaaS’s platform-driven charging services integrate various industry participants, enhance ecosystem construction on both the supply and demand sides, improve industry efficiency, and align the charging sector with the rapid growth of China's EV industry.</p><p style="text-align: justify;">This platform business requires substantial early-stage investment, including subsidies, to cultivate market habits and expand network coverage. With the rapidly evolving EV sector, characterized by technological innovation and shifting market dynamics, initial investments may be amplified. However, as the platform grows and user loyalty strengthens, the industry shifts from chaotic expansion to refined operations, with NaaS gradually realizing economies of scale and achieving profitability at scale.</p><p style="text-align: justify;">According to the latest financial report, NaaS is actively aligning with industry development trends by optimizing its internal processes and improving efficiency, thereby enhancing profitability. Driven by the dual forces of market demand and user growth, NaaS is gradually entering a harvest phase.</p><p style="text-align: justify;">The financial report shows that in Q3 2024, the company’s charging service business achieved steady growth in both GTR (Gross Take Rate) and NTR (Net Take Rate), with the proportion of profitable orders rising to 73%. The total charging volume transacted through the NaaS network reached 1.284 billion kWh, a 13% increase quarter-over-quarter. These factors collectively fueled the growth of NaaS’s charging service business and are the primary reasons behind the company achieving its first-ever quarterly non-IFRS net profit.</p><p style="text-align: justify;"><strong>Moving Beyond Subsidy Dependence, Achieving Organic Platform Growth</strong></p><p style="text-align: justify;">In addition to its impressive profitability, NaaS’s charging service business has also demonstrated significant high-quality growth in scale. As the market matures, NaaS’s business shows clear scale advantages that continue to expand.</p><p style="text-align: justify;">Recognizing industry trends and aligning with internal capabilities, NaaS began reducing user subsidies in early 2024, transitioning from subsidy-driven growth to organic growth by expanding user acquisition channels and deepening partnerships. This shift not only allowed the company to focus on the core value of its charging services—promoting intrinsic growth through improved products and services—but also supported the development of a more stable and sustainable revenue model, strengthening its competitive moat.</p><p style="text-align: justify;">This shift is reflected in the financial data. Optimized subsidy policies contributed to an 81% year-over-year decrease in selling and marketing expenses to RMB 29.7 million (US$ 4.2 million) for this quarter. Despite reduced subsidies, NaaS’s platform achieved strong growth in transaction users in Q3.</p><p style="text-align: justify;">Besides, latest data also show the number of connected charging stations increased by 40% year-over-year to 96,000, and the total number of connected chargers rose by 49% year-over-year to 1.146 million, outpacing the industry’s average growth rate during the same period. Significant cut in expenses does not compromise the company’s continuous growth.</p><p style="text-align: justify;"><strong>AI-Driven Business Growth, Building an Industry Ecosystem</strong></p><p style="text-align: justify;">Since the launch of ChatGPT in 2022, the industry has been exploring how AI can empower various sectors, with the trend moving from general AI models to domain-specific applications—charging is no exception.</p><p style="text-align: justify;">AI can process and analyze vast datasets, including user needs, market trends, and historical transaction data, to accurately forecast supply-demand dynamics and provide personalized recommendations based on user behavior. This can significantly enhance supply-demand matching efficiency and accuracy, addressing key challenges such as inefficient matching and insufficient high-quality supply in the current charging industry.</p><p style="text-align: justify;">NaaS was an early adopter of AI and has demonstrated foresight in leveraging it to advance the charging industry.</p><p style="text-align: justify;">As early as 2016, NaaS began developing AI algorithms to improve transportation energy supply-demand matching, operational efficiency, and intelligent energy replenishment experiences. In 2023, the company launched its NEF (NaaS Energy Fintech) system based on advanced AI algorithms. This system manages station site selection, revenue evaluation, operational scheduling, maintenance, and more, enhancing the operational efficiency and financial sustainability of regional charging operators while improving the user experience.</p><p style="text-align: justify;">The scale of data often determines the intelligence level of AI algorithms. With its charging station network, NaaS has accumulated significant supply-demand data, providing an extensive stage for AI applications. In Q3, NaaS officially joined the AI Applications Alliance and is poised to continue unlocking the value of AI in the charging service industry, accelerating the digital transformation of the sector.</p><p style="text-align: justify;">Beyond AI-driven advancements, the rapid growth of EVs has facilitated the integration of ecosystem resources across the charging industry. NaaS is also building its own ecosystem around its charging services by establishing long-term partnerships with automotive OEMs, charging station operators, energy companies, and the State Grid. These collaborations expand infrastructure coverage, provide user-friendly experiences, and enhance customer loyalty.</p><p style="text-align: justify;">In August 2024, NaaS announced an in-depth partnership with FAW-Volkswagen to provide smart, efficient, and convenient charging experiences for NEV owners. In September, NaaS reached a strategic collaboration with IM Motors to offer enhanced service capabilities. These partnerships highlight NaaS’s ongoing efforts to expand the ecosystem in the EV charging industry, creating a comprehensive and robust service ecosystem.</p><p style="text-align: justify;">With the rapid growth of NEVs, the charging industry, as a critical supporting infrastructure, has entered a phase of accelerated expansion. As a "connector" in the charging service market, NaaS leverages AI-driven algorithms to continuously integrate resources from various industry participants and collaborate with ecosystem partners to build a mutually beneficial ecosystem. According to the latest financial report, NaaS has transitioned from the early "cash-burning" stage to a phase of refined operations, with its profitability model gradually being recognized by the market. The company is poised for large-scale profitability, supported by its wide network coverage, and its future development is highly anticipated.</p><BR /><BR /> Copyright 2024 ACN Newswire. All rights reserved. www.acnnewswire.com]]></description><link>https://www.acnnewswire.com/press-release/english/94041/</link><guid>https://www.acnnewswire.com/press-release/english/94041/</guid><category>Automotive, EVs, Transportation</category><stock_tickers>NASDAQ:NAAS</stock_tickers><summary>On November 20, NaaS Technology Inc. (NASDAQ: NAAS), the first U.S.-listed EV charging service company in China, released its Q3 2024 earnings report, showcasing an impressive performance.</summary><featuredimage /></item><item><title>Tat Hong Equipment Service Co., Ltd. Announces 2024/25 Interim Results</title><pubDate>Fri, 22 Nov 2024 19:56:00 +0800</pubDate><description><![CDATA[<p><img src="https://www.acnnewswire.com/images/company/TatHong.jpg" border="0" /></p><p style="text-align: justify;"><strong>HONG KONG, Nov 22, 2024 - (ACN Newswire) - Tat Hong Equipment Service Co., Ltd. (“Tat Hong” or the “Company”, together with its subsidiaries, the “Group”) (Stock Code: 2153)</strong>, the first foreign-owned tower crane service provider established in the PRC, has announced its interim results for the six months ended 30 September 2024 (the “Period”).</p><p style="text-align: justify;">During the Period, the Group recorded revenue of approximately RMB340.9 million (2023: RMB358.6 million). Loss attributable to equity shareholders of the Company was RMB36.2 million (2023: RMB20.4 million). Such increase in loss was mainly attributable to the decrease in the average monthly service price of tower cranes per tonne metres (TM) in use from RMB225 toRMB208, thereby affecting the Group's revenue.</p><p style="text-align: justify;">Total tonne meters (TM) in use by the Group increased to 1,637,740 for the Period from 1,594,911 in the previous same period. As at 30 September 2024, the Group had 327 projects in progress with total outstanding contract value at approximately RMB444.6 million and 47 projects on hand with expected total contract value at approximately RMB235.1 million.</p><p style="text-align: justify;">For the six months ended 30 September 2024, global economic recovery had slowed down and the mainland China economic downward pressure had been significant. Due to insufficient market demand and decline in the average monthly tower crane service price per TM, market competition was intense for the construction machinery industry. To cope with the slow recovery of the domestic construction industry and the persistently weak macro economy, plus to boost future income, the Group had actively adjusted its strategies, restructured business layout and expanded business overseas during the Period.</p><p style="text-align: justify;">Responding to the national and international calls to promote green energy and support enterprises in accelerating transformation, the Group set up a Clean Energy Division in 2023 to focus on expanding clean energy businesses including nuclear power plants. At the same time, the Group had actively shifted to focus on thermal power plant projects. It expects revenue generated from these projects on hand to be reflected in its future results. With the new subsidiary in Guangzhou, the Group had deepened coverage in the Greater Bay Area. The Group also speeded up expansion in Indonesia, with a joint venture with a local partner in 2024 after years of careful strategic planning. With rich experience in operating business in Indonesia, the partner is expected to give the Group the support it needs to expand the Indonesian market.</p><p style="text-align: justify;">During the Period, the Group continued to expand its medium-to-large tower crane fleet. As at the end of the Period, it managed a total of 1,193 tower cranes, the second largest fleet in the PRC tower crane service market. With such a strong tower crane fleet, the Group has been able to focus on medium-to-large construction projects, providing them with comprehensive services with tower cranes that afford a wide range of lifting capacities. The considerable number of medium-to-large tower cranes the Group owns also give it advantage in bidding for larger and more complicated projects, and as such, allowing it to increase revenue from and the profit margins of future projects.</p><p style="text-align: justify;"><strong>Mr. Sean Yau, CEO of Tat Hong Equipment Service Co., Ltd.</strong>, said: "Recently, the Chinese government has introduced a comprehensive package of incremental policies to expand effective investment, stimulate consumption demand, attract investment, support industrial upgrade, ease enterprises’ difficulties and issues, implement fiscal and financial measures, and stabilize the real estate market. It is evident that the country is increasing fiscal support and charting a clear course of recovery for all industries. Moreover, there is still strong demand in the domestic infrastructure and energy sector. That plus the fast-growing infrastructure markets in the Greater Bay Area and Southeast Asia have provided the Group with huge business development opportunities.”</p><p style="text-align: justify;"><strong>Mr. Roland Ng, Chairman of Tat Hong Equipment Service Co., Ltd.</strong>, said: “The present pace of market recovery in China is sluggish, but with the new focus on high-quality growth, it is expected to gradually get back on track. We will keep our eyes on the fast-changing global market environment and adjust our operational and geographical strategies accordingly. At home in the PRC, we will seize the new opportunities brought by the rapid development of clean and green energy. Abroad, as the first foreign-funded tower crane service provider set up in the PRC, we will continue to take advantage of our brand reputation, rich industry experience, mature execution skills, profound technical strength and solid customer base to help us ‘go global’. With support from the ‘Belt and Road’ initiative and other policies encouraging enterprises to venture overseas, the Group will push to expand into more overseas markets.”</p><p><strong>About Tat Hong Equipment Service Co., Ltd. (Stock Code: 2153)</strong></p><p>Tat Hong Equipment Service Co., Ltd. is the first foreign-owned tower crane service provider established in the PRC. Since 2007, the Group has established as a tower crane service provider for one-stop tower crane solution services from consultation, technical design, commissioning, construction to after-sales services primarily to Chinese Special-tier and Tier-1 EPC contractors. Guided by its core values, “Virtue, Safety and Excellence”, the Group has successfully established its market position and maintained stable, reputable and loyal customer base in the construction industry in the PRC.</p><table style="width: 652px;" border="0" width="699" cellspacing="0" cellpadding="0"><tbody><tr><td style="width: 648px;" colspan="3" valign="top" width="699"><p><strong>Media Enquiries</strong></p></td></tr><tr><td style="width: 648px;" colspan="3" valign="bottom" width="699"><p><strong>Strategic Financial Relations Limited</strong></p></td></tr><tr><td style="width: 106.427px;" valign="bottom" width="123"><p>Heidi So</p></td><td style="width: 153.927px;" valign="bottom" width="171"><p>Tel:(852) 2864 4826</p></td><td style="width: 387.645px;" valign="bottom" width="406"><p>Email: <a href="mailto:heidi.so@sprg.com.hk">heidi.so@sprg.com.hk</a></p></td></tr><tr><td style="width: 106.427px;" valign="bottom" width="123"><p>Mel Lai</p></td><td style="width: 153.927px;" valign="bottom" width="171"><p>Tel:(852) 2864 4855</p></td><td style="width: 387.645px;" valign="bottom" width="406"><p>Email: <a href="mailto:mel.lai@sprg.com.hk">mel.lai@sprg.com.hk</a></p></td></tr></tbody></table><BR /><BR /> Copyright 2024 ACN Newswire. All rights reserved. www.acnnewswire.com]]></description><link>https://www.acnnewswire.com/press-release/english/94039/</link><guid>https://www.acnnewswire.com/press-release/english/94039/</guid><category>Daily News, Engineering</category><stock_tickers>HKG:2153</stock_tickers><summary>Tat Hong Equipment Service Co., Ltd. ('Tat Hong' or the 'Company', together with its subsidiaries, the 'Group') (Stock Code: 2153), the first foreign-owned tower crane service provider established in the PRC, has announced its interim results for the six months ended 30 September 2024 (the 'Period').</summary><featuredimage /></item><item><title>Daeshin MC Co., Ltd. Unveils Its Clean Solutions Creating Pleasant Indoor Environments from Industrial Sites to Public Facilities</title><pubDate>Fri, 22 Nov 2024 11:00:00 +0800</pubDate><description><![CDATA[<p><img src="https://www.acnnewswire.com/images/company/Dasclean.jpg" border="0" /></p><p style="text-align: justify;"><strong>SEOUL, S.KOREA, Nov 22, 2024 - (ACN Newswire) -</strong> Daeshin MC Co., Ltd., a South Korean environmental solutions specialist, manufactures, is proud to unveil its clean solutions. The company supplies and exports globally a diverse range of environmental solution products. With 30 years of expertise, the company offers modular suction mats like 'Solecheck' that prevent indoor infiltration of fine dust and pollutants in industrial sites, public spaces, and facilities. Additionally, Daeshin MC provides the 'Shoe Sole Cleaner' (wet type) for cleaning shoe soles, the automatic trolley wheel cleaning system 'Caster Cleaner' to maintain cleanliness at work sites, and the 'DS-Oil Separator,' which automatically separates and discharges vegetable and animal-based oil to prevent pipeline blockages and water pollution.</p><center><figure class="image"><img src="https://photos.acnnewswire.com/20241122.Dasclean1.jpg" alt="Photos of Collected Dust After Installing Modular Suction Mats at Entrance Floors" width="550" height="367"><figcaption>Photos of Collected Dust After Installing Modular Suction Mats at Entrance Floors</figcaption></figure></center><p style="text-align: justify;">Daeshin MC's first product, the "Modular" shoe dust suction mat 'Solecheck,' automatically vaccumes dust and foreign substances from shoe soles as users walk over the mat, preventing indoor contamination and maintaining a pleasant indoor air quality. Dust and dirt collected from shoes are gathered by a dust collector, ensuring that harmful indoor substances no longer linger in the air. Solecheck is the world's first modular-structured product, allowing anyone to easily replace or repair faulty modules, making maintenance, repairs, and replacements convenient. This innovative feature has garnered high praise.</p><p style="text-align: justify;">The company's second product, the 'Caster Cleaner,' is equipment designed to block indoor contamination from trolley wheels used in various industrial settings such as factories, hospitals, and logistics warehouses. Essential for preventing indoor pollution, the Caster Cleaner automatically cleans wheels to maintain a clean indoor environment. It efficiently removes contaminants through a sludge discharge and recycling system, and after cleaning, the trolley automatically moves forward, enhancing user convenience. Customized designs tailored to site requirements enable widespread application across diverse environments. Certified to achieve 99.9% cleaning efficiency by accredited institutions and incorporating patented contamination prevention technology, this equipment maintains a clean working environment and contributes to improving indoor air quality.</p><p style="text-align: justify;">Daeshin MC's third product, the 'Shoe Sole Cleaner (Wet Type),' features brushes that move automatically forward and backward to wash shoe soles with water and cleaning agents. Shoe soles harbor the highest concentration of bacteria, and this equipment effectively prevents the spread of harmful bacteria to various areas. The difference before and after cleaning is unmistakable.</p><p style="text-align: justify;">The company's fourth product, the 'DS-Oil Separator,' automatically separates oil from wastewater generated during food preparation and manufacturing processes with a separation rate of up to 99.6%, preventing sewer blockages and unpleasant odors. This equipment is receiving significant attention in food factories and the food service industry. The need for 'DS-Oil Separator' is steadily increasing in large food chains, military mess halls, and public catering facilities, which is crucial in creating a sustainable environment by reducing discharge pollution. Daeshin MC's 'DS-Oil Separator' separation technology prevents environmental contamination by separating water and oil. This technology protects marine environments, and the processed oil undergoes further refinement for use as recyclable resources.</p><p style="text-align: justify;">Choi Young-hwan, CEO of Daeshin MC, stated, "Our products have been recognized for their technological prowess, being selected as world-class and innovative products. We aim to become a global company that improves indoor air quality and creates comfortable environments in industrial sites, public spaces, and facilities worldwide."</p><p style="text-align: justify;"><strong>About Daeshin MC</strong></p><p style="text-align: justify;">Daeshin MC is committed to enhancing health and improving living environments through innovative and sustainable solutions. Recognizing the growing importance of environmental protection in daily life, the company develops products designed to create cleaner, healthier spaces. To know more, please contact +82-10-6707-0156.</p><p style="text-align: justify;"><strong>Social Links</strong><br>YouTube: <a href="https://www.youtube.com/@corp.daeshinmc7691">https://www.youtube.com/@corp.daeshinmc7691</a><br>LinkedIn: <a href="https://www.linkedin.com/in/yoona-choi-0156/">https://www.linkedin.com/in/yoona-choi-0156/</a></p><p style="text-align: justify;"><strong>Media Contact</strong><br>DAESHIN MC CO., LTD<br>Media Team<br>Website: <a href="http://www.daeshinmc.co.kr/en/">http://www.daeshinmc.co.kr/en/</a></p><BR /><BR /> Copyright 2024 ACN Newswire. All rights reserved. www.acnnewswire.com]]></description><link>https://www.acnnewswire.com/press-release/english/94034/</link><guid>https://www.acnnewswire.com/press-release/english/94034/</guid><category>Business</category><stock_tickers /><summary>Daeshin MC Co., Ltd., a South Korean environmental solutions specialist, manufactures, is proud to unveil its clean solutions.</summary><featuredimage>https://photos.acnnewswire.com/tr:n-650/20241122.Dasclean1.jpg</featuredimage></item><item><title>Jacobson Pharma Announces FY2025 Interim Results</title><pubDate>Fri, 22 Nov 2024 10:00:00 +0800</pubDate><description><![CDATA[<p><img src="https://www.acnnewswire.com/images/company/Jacobson3.jpg" border="0" /></p><p><strong>KEY HIGHLIGHTS</strong></p><p>- First-half revenue up by 13.3% to HK$810.0 million<br>- Profit from continuing operations increased by 44.2% to HK$140.3 million<br>- Net gearing ratio significantly down to 5.6% from 12.2%<br>- Interim Dividend of HK3.5 cents per share, up by 40.0% year-on-year<br>- Continued enrichment of pipeline through R&D and strategic in-licensing<br>- Enhanced production capacity and leverage boost operational efficiency</p><p style="text-align: justify;"><strong>HONG KONG, Nov 22, 2024 - (ACN Newswire) - Jacobson Pharma Corporation Limited ("Jacobson Pharma" or the "Company"; Stock Code: 2633)</strong>, a leading company engaged in the research, development, production, marketing and sale of essential medicines and specialty drugs, today announced the interim results of the Company and its subsidiaries (collectively, the "Group") for the six months ended 30 September 2024 (the "Reporting Period").</p><p style="text-align: justify;">During the Reporting Period, the Group achieved 13.3% growth in total revenue compared to FY2024 Interim, totaling HK$810.0 million. The profit for the period from continuing operations amounted to HK$140.3 million, reflecting an increase of 44.2%. Increased profit from continuing operations was mainly due to strong performance in the generic drug business in Public and Private Sectors, revenue from new products, and improved operational efficiency through cost-control measures and enhanced production leverage.</p><p style="text-align: justify;">Solid business performance and disciplined cost management contributed to a healthy financial position, yielding a strong adjusted EBITDA of HK$272.2 million throughout the Reporting Period. The net gearing ratio significantly improved to 5.6%, down from 12.2% at the close of FY2024, while the Group's cash reserves demonstrated resilience, with a balance of HK$515.9 million. These financial metrics highlight the Group's operational discipline and ability to adapt to market dynamics, positioning the business for continued growth and development.</p><p style="text-align: justify;">The Board has declared the payment of an interim dividend of HK3.5 cents per share, up by 40.0% year-on-year.</p><p style="text-align: justify;"><strong>Robust Portfolio and Supply to Meet Rising Demand</strong></p><p style="text-align: justify;">The Group's extensive portfolio and efficient supply chain have enabled it to address the rising demand for essential and specialty medications effectively.</p><p style="text-align: justify;">From mid-January to late July 2024, Hong Kong experienced a prolonged flu season, significantly boosting demand for cold and flu treatments. Beyond seasonal flu, factors such as an aging population with chronic conditions, increased health awareness, and rising mental health concerns have driven high healthcare visits and medication usage. These trends contributed to strong sales momentum in the Group's Public and Private Sector businesses in the first half of FY2025.</p><p style="text-align: justify;">These factors align with the strong growth of the Group's products in relevant therapeutic categories. For example, the Group's cardiovascular offerings - ACE inhibitors, beta-blockers, and diuretics - saw significant sales growth during the Reporting Period.</p><p style="text-align: justify;"><strong>Strong R&D Pipeline Strengthens New Product Launch</strong></p><p style="text-align: justify;">Throughout the Reporting Period, Jacobson Pharma steadily advanced its R&D pipeline to enhance and diversify its product portfolio. As of 30 September 2024, the Group's pipeline grew to 193 products. Of these, 65 products have received registration approval, 14 are awaiting approval, and 58 have progressed to the stability preparation or study phase. Furthermore, 19 products are in the formulation or pre-formulation research stage. This strong pipeline underscores the Group's commitment to sustainable growth and its readiness to meet market demands with a broad range of high-quality treatments.</p><p style="text-align: justify;">Furthermore, the Group also bolstered its portfolio through strategic in-licensing agreements, focusing on cardiovascular health, diabetes management, and allergy treatment. Highlights include acquiring an anticoagulant therapy for cardiovascular care, an ophthalmic product for allergies, and exclusive distribution rights for a vital antibiotic from the U.K., addressing targeted healthcare needs in Hong Kong and Macau.</p><p style="text-align: justify;">Mr. Derek Sum, Chairman and Chief Executive Officer of Jacobson Pharma, stated, "We remain confident in the long-term growth of the generic drugs and healthcare sectors, propelled by increased government healthcare investments, generics substitution policies, an aging population with complex health needs, along with the increased prevalence in chronic conditions.</p><p style="text-align: justify;">To seize these opportunities, we are committed to enhancing our business's adaptability and agility in this dynamic environment. Through a focused growth strategy, we aim to solidify our position as a leading pharmaceutical provider in Hong Kong. Our efforts center on optimizing our product range, expanding our pipeline through strategic in-licensing and targeted R&D, enhancing commercial and regulatory capabilities, and forging key partnerships. This approach positions us to capitalize on emerging markets and deliver essential and specialized medications to a broader patient demographic."</p><p style="text-align: justify;"><strong>About Jacobson Pharma Corporation Limited (Stock Code: 2633)</strong></p><p style="text-align: justify;">Jacobson Pharma is a leading pharmaceutical company in Hong Kong vertically integrated and engaged in the research, development, production, sale and distribution of essential medicines and specialty drugs. As a major provider of generic drugs in Hong Kong, the Group has one of the most extensive sales and distribution coverage for both the private and public sectors in Hong Kong, with an expanding reach into strategically selected Asian markets. Carrying a broad product portfolio and taking a pre-eminent market position in a number of therapeutic categories, the Group operates a host of 9 PIC/S GMP licensed production facilities for generic drugs in Hong Kong.</p><p style="text-align: left;">The Group is commited to strategically enhancing its portfolios by introducing high-value-added specialty products. With its corporate headquarters based in Hong Kong, the Group has also established its operating subsidiaries in China, Macau, Taiwan and Cambodia, forming a regional commercial platform to tap the market potential in the Asia Pacific and Greater China region. Jacobson Pharma has been a constituent stock of MSCI Hong Kong Micro Cap Index since 1 June 2017. For more details about Jacobson Pharma, please visit the Group's website: <a href="http://www.jacobsonpharma.com">http://www.jacobsonpharma.com</a></p><p>For media inquiries, please contact:</p><p>Strategic Financial Relations Limited</p><table border="0" cellspacing="0" cellpadding="0" align="left"><tbody><tr><td valign="top" width="111"><p>Vicky Lee</p></td><td valign="top" width="170"><p>Tel: (852) 2864 4834</p></td><td valign="top" width="299"><p>Email: <a href="mailto:vicky.lee@sprg.com.hk">vicky.lee@sprg.com.hk</a></p></td></tr><tr><td valign="top" width="111"><p>Rachel Ko</p></td><td valign="top" width="170"><p>Tel: (852) 2114 2370</p></td><td valign="top" width="299"><p>Email: <a href="mailto:rachel.ko@sprg.com.hk">rachel.ko@sprg.com.hk</a></p></td></tr><tr><td valign="top" width="111"><p>Alyssa Yiu</p></td><td valign="top" width="170"><p>Tel: (852) 2114 4987</p></td><td valign="top" width="299"><p>Email: <a href="mailto:alyssa.yiu@sprg.com.hk">alyssa.yiu@sprg.com.hk</a></p></td></tr></tbody></table><p> </p><BR /><BR /> Copyright 2024 ACN Newswire. All rights reserved. www.acnnewswire.com]]></description><link>https://www.acnnewswire.com/press-release/english/94029/</link><guid>https://www.acnnewswire.com/press-release/english/94029/</guid><category>Healthcare & Pharm</category><stock_tickers>HKG:2633</stock_tickers><summary>Jacobson Pharma Corporation Limited ("Jacobson Pharma" or the "Company"; Stock Code: 2633), a leading company engaged in the research, development, production, marketing and sale of essential medicines and specialty drugs, today announced the interim results of the Company and its subsidiaries (collectively, the "Group") for the six months ended 30 September 2024 (the "Reporting Period").</summary><featuredimage /></item><item><title>GMG Unveils SUPER G(R): A Game-Changing Graphene Solution for the Lithium-Ion Battery Industry</title><pubDate>Thu, 21 Nov 2024 21:29:00 +0800</pubDate><description><![CDATA[<p><img src="https://www.acnnewswire.com/images/company/GMG220.jpg" border="0" /></p><p><strong>Brisbane, Queensland, Australia--(ACN Newswire - November 21, 2024) -</strong>Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce the launch of <strong>SUPER G®</strong>, a graphene slurry which can be used to enhance the performance of lithium-ion batteries. This breakthrough product has the potential to reshape the future of energy storage, offering battery manufacturers an innovative solution that optimizes efficiency, power, and longevity.</p><p style="text-align: center;"><a href="https://images.newsfilecorp.com/files/8082/230859_gmg_figure_1.jpg"><img style="border-width: 0px;" src="https://images.newsfilecorp.com/files/8082/230859_gmg_figure_1.jpg" alt="Cannot view this image? Visit: https://images.newsfilecorp.com/files/8082/230859_gmg_figure_1.jpg"></a></p><p style="text-align: center;"><em>Figure 1</em></p><p style="text-align: center;">To view an enhanced version of this graphic, please visit:<br><a href="https://images.newsfilecorp.com/files/8082/230859_gmg_figure_1.jpg">https://images.newsfilecorp.com/files/8082/230859_gmg_figure_1.jpg</a></p><p><strong>Unleashing the Power of Graphene</strong></p><p><strong>SUPER G® </strong>is a graphene slurry which has been developed by GMG over the last 3 years for GMG's own Graphene Aluminium-Ion Battery which has unique properties of high electrical conductivity, low charge transfer resistance and high density compared to other carbon battery additives and materials used in lithium-ion batteries.</p><p>The Graphene comes from GMG's self-developed graphene production system and is then processed through a number of steps in the co-located pilot plant and finally into a liquid graphene product which we believe will be able to be added into or coated onto either a customer's lithium-ion battery cathode or anode production with a 0.5-2% dosage by weight.</p><p>GMG is currently engaged in confidential discussions with multiple battery manufacturers and industry players to explore the potential testing and supply of SUPER G®. These discussions underscore the growing demand for high-performance materials that can push the boundaries of energy storage technology.</p><p><strong>Exceptional Performance Confirmed by Oxford University</strong></p><p>A recent study conducted by Oxford University has confirmed the exceptional performance of GMG's SUPER G®. Key findings include:</p><ol style="list-style-type: decimal;"><li>SUPER G® demonstrates 2.5 times lower mean ionic resistivity compared to standard graphite, as shown in Figure 2. Lower pore ionic resistivity will improve battery efficiency, charge and discharge rates.</li></ol><p style="text-align: center;"><a href="https://images.newsfilecorp.com/files/8082/230859_gmg_figure2.jpg"><img style="border-width: 0px;" src="https://images.newsfilecorp.com/files/8082/230859_gmg_figure2.jpg" alt="Cannot view this image? Visit: https://images.newsfilecorp.com/files/8082/230859_gmg_figure2.jpg"></a></p><p style="text-align: center;"><em>Figure 2: Ionic Resistivity of Graphite vs. GMG SUPER G® (100 µm thick, 30% porous vs. 125 µm thick)</em></p><p style="text-align: center;">To view an enhanced version of this graphic, please visit:<br><a href="https://images.newsfilecorp.com/files/8082/230859_gmg_figure2.jpg">https://images.newsfilecorp.com/files/8082/230859_gmg_figure2.jpg</a></p><ol style="list-style-type: decimal;" start="2"><li>SUPER G® features multimodal particle distribution (~20 µm large particles + sub-1 µm particles), which increases energy density for more powerful, longer lasting batteries.</li></ol><p style="text-align: center;"><a href="https://images.newsfilecorp.com/files/8082/230859_gmg_figure3.jpg"><img style="border-width: 0px;" src="https://images.newsfilecorp.com/files/8082/230859_gmg_figure3_550.jpg" alt="Cannot view this image? Visit: https://images.newsfilecorp.com/files/8082/230859_gmg_figure3_550.jpg"></a></p><p style="text-align: center;"><em>Figure 3: Cross-Section of SUPER G® with Wide-Beam Ar+ Ion Polishing</em><br><br>To view an enhanced version of this graphic, please visit:<br><a href="https://images.newsfilecorp.com/files/8082/230859_gmg_figure3.jpg">https://images.newsfilecorp.com/files/8082/230859_gmg_figure3.jpg</a></p><ol style="list-style-type: decimal;" start="3"><li>Unlike conventional materials, SUPER G® maintains its integrity during calendaring (compression onto battery foil), ensuring no significant damage to the binder layer. This is crucial for maintaining battery longevity and performance.</li></ol><p style="text-align: center;"><a href="https://images.newsfilecorp.com/files/8082/230859_gmg_figure4.jpg"><img style="border-width: 0px;" src="https://images.newsfilecorp.com/files/8082/230859_gmg_figure4.jpg" alt="Cannot view this image? Visit: https://images.newsfilecorp.com/files/8082/230859_gmg_figure4.jpg"></a></p><p style="text-align: center;"><em>Figure 4: Nyquist Plot of EIS Response - Calendared vs. Uncalendared SUPER G®</em></p><p style="text-align: center;">To view an enhanced version of this graphic, please visit:<br><a href="https://images.newsfilecorp.com/files/8082/230859_gmg_figure4.jpg">https://images.newsfilecorp.com/files/8082/230859_gmg_figure4.jpg</a></p><p>Table 1 shows <strong>SUPER G®</strong> in comparison with the commonly used conductivity carbon additives used in lithium-ion battery industry- it shows many attractive attributes for <strong>SUPER G®</strong> including 2-3 times higher bulk density and 3 times greater surface area than the industry standard carbon additive.</p><table style="width: 100%; border-collapse: collapse; border: 1px solid #000000;" border="0" cellspacing="0" cellpadding="3"><tbody><tr><td style="width: 33.3%; text-align: center; vertical-align: top; font-size: 10px; border: 1px solid #000000;"><strong>Property</strong></td><td style="width: 33.3%; text-align: center; vertical-align: top; font-size: 10px; border: 1px solid #000000;"><strong>Standard Industry <br>Lithium-Ion <br>Battery Carbon <br>Additive</strong></td><td style="width: 33.3%; text-align: center; vertical-align: top; font-size: 10px; border: 1px solid #000000;"><strong>GMG SUPER G®</strong></td></tr><tr><td style="width: 33.3%; font-size: 10px; border: 1px solid #000000;"><strong>Bulk Density </strong></td><td style="width: 33.3%; text-align: center; vertical-align: top; font-size: 10px; border: 1px solid #000000;">0.12-0.25 g/cm³</td><td style="width: 33.3%; text-align: center; vertical-align: top; font-size: 10px; border: 1px solid #000000;">0.3-0.4 g/cm³ </td></tr><tr><td style="width: 33.3%; font-size: 10px; border: 1px solid #000000;"><strong><br>Surface Area </strong></td><td style="width: 33.3%; text-align: center; vertical-align: bottom; font-size: 10px; border: 1px solid #000000;">~60 m²/g</td><td style="width: 33.3%; text-align: center; vertical-align: bottom; font-size: 10px; border: 1px solid #000000;">250 m²/g</td></tr><tr><td style="width: 33.3%; font-size: 10px; border: 1px solid #000000;"><strong><br>Typical Loading in <br>Electrode </strong></td><td style="width: 33.3%; text-align: center; vertical-align: bottom; font-size: 10px; border: 1px solid #000000;">2-5 wt%</td><td style="width: 33.3%; text-align: center; vertical-align: bottom; font-size: 10px; border: 1px solid #000000;">0.5-2 wt %</td></tr><tr><td style="width: 33.3%; font-size: 10px; border: 1px solid #000000;"><strong><br>High-Rate <br>Performance<br><br></strong></td><td style="width: 33.3%; text-align: center; vertical-align: middle; font-size: 10px; border: 1px solid #000000;">Standard <br>application</td><td style="width: 33.3%; text-align: center; vertical-align: middle; font-size: 10px; border: 1px solid #000000;">Excellent for very high-rate <br>applications</td></tr></tbody></table><p> </p><p style="text-align: center;">Table 1: Performance Comparison of GMG <strong>SUPER G® </strong>and Commonly used Conductivity Additive</p><p>GMG's Graphene has been found to increase rate tolerance of lithium-ion batteries - which is a desirable quality that allows the battery to be charged and discharged at various rates (faster and slower) with less negative impact on the capacity of the battery.</p><p><u><strong>About GMG:</strong></u></p><p>GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process. GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.</p><p>The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating), lubricants and fluids.</p><p>In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries").</p><p>GMG's 4 critical business objectives are:</p><ol style="list-style-type: decimal;"><li>Produce Graphene and improve/scale cell production processes</li><li>Build Revenue from Energy Savings Products</li><li>Develop Next-Generation Battery</li><li>Develop Supply Chain, Partners & Project Execution Capability</li></ol><p>For further information please contact:</p><div id="contactInfo"><ul style="list-style-type: disc;"><li>Craig Nicol, Chief Executive Officer & Managing Director of the Company at <a href="mailto:craig.nicol@graphenemg.com">craig.nicol@graphenemg.com</a>, +61 415 445 223</li><li>Leo Karabelas at Focus Communications Investor Relations, <a href="mailto:leo@fcir.ca">leo@fcir.ca</a>, +1 647 689 6041</li></ul></div><p><em>Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.</em></p><p><em><strong>Cautionary Note Regarding Forward-Looking Statements</strong> </em></p><p><em>This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, the potential of SUPER G® to be an additive to improve Lithium-Ion Batteries.</em></p><p><em>Such forward-looking statements are based on a number of assumptions of management, including, without limitation the potential of SUPER G® to be an additive to improve Lithium-Ion Batteries. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: the potential of SUPER G® to be an additive to improve Lithium-Ion Batteries, or at all, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated October 3, 2024 available for review on the Company's profile at </em><a href="https://api.newsfilecorp.com/redirect/arMbZFe5Rg"><em>www.sedarplus.ca</em></a><em>.</em></p><p><em>Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.</em></p><p id="corporateLinkBack">To view the source version of this press release, please visit <a href="https://api.newsfilecorp.com/redirect/2EW2VSRYVq">https://www.newsfilecorp.com/release/230859</a></p><p><img src="https://api.newsfilecorp.com/newsinfo/230859/425" alt=""></p><BR /><BR /> Copyright 2024 ACN Newswire. All rights reserved. www.acnnewswire.com]]></description><link>https://www.acnnewswire.com/press-release/english/94024/</link><guid>https://www.acnnewswire.com/press-release/english/94024/</guid><category>Metals & Mining, Engineering, EVs, Transportation, Manufacturing</category><stock_tickers>TSXV:GMG</stock_tickers><summary>Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce the launch of SUPER G(R), a graphene slurry which can be used to enhance the performance of lithium-ion batteries.</summary><featuredimage /></item><item><title>neurocare Group AG Welcomes Kevin Reeder as Chief Financial Officer</title><pubDate>Thu, 21 Nov 2024 21:20:00 +0800</pubDate><description><![CDATA[<p><img src="https://www.acnnewswire.com/images/company/neurocare.jpg" border="0" /></p><p style="text-align: justify;"><strong>MUNICH, Nov 21, 2024 - (ACN Newswire) - </strong>neurocare group AG ("neurocare" or the "Company"), a best practice platform for mental health and performance, is pleased to announce the appointment of Kevin Reeder as Chief Financial Officer of the company, from January 1st 2025.</p><p style="text-align: center;"><a href="https://cdn.nwe.io/files/x/08/a3/ea690afe0b08f2039e22b0d26665.jpg" rel="nofollow"><img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn.nwe.io/files/x/0f/45/80bd5fb79a06822568fd6446042c.jpg" alt="neurocare appoints Kevin Reeder as CFO starting January 2025" width="550"></a><strong>neurocare appoints Kevin Reeder as CFO starting January 2025</strong></p><p style="text-align: justify;">Kevin Reeder holds an MBA from Oxford University and is currently the CEO of the venture capital firm bm|t, one of neurocare´s largest investors. Kevin has a long history in international investment management both in the US and in Europe, spanning venture capital, private equity, and publicly traded investments.</p><p style="text-align: justify;">Prior to joining bm|t, Kevin held key roles at INVESCO, Silvergate Capital, GVO Asset Management, and Bank am Bellevue. He also gained experience outside of the investment sector as Head of Data and Credit at M-KOPA, a high-growth company in Africa, where he led fundraising efforts, managed financial operations, and established the company's data analytics platform.</p><p style="text-align: justify;">Kevin joined the neurocare board at the end of 2021 and played a key role in fundraising, strategy, and M&A. He will step aside from the board to fully focus on his responsibilities as CFO, driving financial strategy and supporting neurocare's growth initiatives.</p><p style="text-align: justify;">"We are delighted to welcome Kevin Reeder as neurocare's new CFO. Having worked with Kevin since joining the board, I have developed a deep respect and admiration for him as a business leader who understands our business and vision. Kevin's exceptional expertise and longstanding familiarity with neurocare's goals make him an ideal fit to help drive our growth and deliver value to our stakeholders," said Tristan de Boysson, Chairman of the Supervisory Board.</p><p style="text-align: justify;">"Kevin's appointment as CFO completes neurocare's Global Leadership Team at a time of such exciting growth for our innovative company," said Thomas Mechtersheimer, Founder & CEO of neurocare. "Having worked closely with Kevin as a Board member, I am confident that his deep understanding of our business will enable us to drive neurocare's growth faster right away. On a personal note, I am much looking forward to sharing my life's professional vision and purpose with someone so energetic and equally purpose driven."</p><p style="text-align: justify;">"I am honored to step into the role of CFO at neurocare and to be part of such a forward-thinking company dedicated to transforming mental health and performance," said Kevin Reeder. "Having had the privilege of working with neurocare as a Board member, I have a deep appreciation for the team's vision and the positive impact we're making. I look forward to leveraging my experience to support neurocare's growth and financial strategy as we continue to expand our reach and become a global leader in mental healthcare."</p><p style="text-align: justify;"><strong>Contact Information:</strong><br>Sally Remington<br>Global Marketing Manager<br><a href="mailto:media@neurocaregroup.com" rel="nofollow">media@neurocaregroup.com</a><br>+49 152 2305 8385</p><p style="text-align: justify;"><strong>SOURCE:</strong> neurocare group AG</p><BR /><BR /> Copyright 2024 ACN Newswire. All rights reserved. www.acnnewswire.com]]></description><link>https://www.acnnewswire.com/press-release/english/94023/</link><guid>https://www.acnnewswire.com/press-release/english/94023/</guid><category>Business</category><stock_tickers /><summary>neurocare group AG ("neurocare" or the "Company"), a best practice platform for mental health and performance, is pleased to announce the appointment of Kevin Reeder as Chief Financial Officer of the company, from January 1st 2025.</summary><featuredimage /></item><item><title>Experience the Power of Movement: Jin Pilates Brings Singapore's First Garuda Studio for Dynamic, Holistic Wellness</title><pubDate>Thu, 21 Nov 2024 20:19:00 +0800</pubDate><description><![CDATA[<p><img src="https://www.acnnewswire.com/images/company/JIN-220.jpg" border="0" /></p><p style="text-align: justify;"><strong>SINGAPORE, Nov 21, 2024 - (ACN Newswire) -</strong> Recently, Jin Pilates announced the opening of the first Garuda studio in Singapore. Discover a new way to move, for individuals at every stage of life - expand your range of motion, experience pain-free movement, and let Garuda Pilates transform your body holistically.</p><p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://photos.acnnewswire.com/20241121.JIN.jpg" alt="" width="550" height="344"></p><p style="text-align: justify;">Singapore is embracing holistic wellness, with individuals seeking mindful movement practices to enhance well-being. Initiatives like the Health Promotion Board's "Healthy Living" programmes and the "National Steps Challenge" promote active lifestyles. Amidst this growing emphasis on wellness, Jin Pilates introduces <a href="https://jinpilates.co/">Singapore's first Garuda</a><a href="https://jinpilates.co/">Ⓡ</a><a href="https://jinpilates.co/"> Pilates studio</a>, offering a transformative approach that integrates multiple movement disciplines for a comprehensive fitness experience.</p><p style="text-align: justify;">Dorothy, the founder of Jin Pilates, comes from a background in dance, a passion that evolved into teaching Pilates. Though she had not initially planned to open a studio, she was captivated by the Garuda Method's multi-dimensional approach, a natural extension of her dance, yoga, and Pilates experience. Its engagement of strength, flexibility, breath and mindfulness deeply resonated with her.</p><p style="text-align: justify;">Determined to bring this innovative method to Singapore, Dorothy travelled to Australia and later to London to become certified in Garuda Pilates, making her the <a href="https://jinpilates.co/">first </a><a href="https://jinpilates.co/">comprehensive</a><a href="https://jinpilates.co/"> Garuda</a><a href="https://jinpilates.co/">Ⓡ </a><a href="https://jinpilates.co/">certified instructor in Singapore</a>. Her dedication and expertise led James D'Silva, the creator of the Garuda Method, to acknowledge her as the Master Trainer in Singapore. She initially offered Garuda classes online during the pandemic, and as studios reopened, she began teaching Garuda on traditional Pilates reformers. Eventually, her dream to introduce a dedicated Garuda studio materialised into Jin Pilates, providing Singaporeans and Singapore residents a truly unique Pilates experience unlike any other.</p><p style="text-align: justify;">Dorothy's vision is not only to share Garuda Pilates with Singapore but also to build a community that values mindful, functional movement. She believes in the power of movement to improve lives and is dedicated to helping her clients "move better" and with greater freedom.</p><p style="text-align: justify;">The Garuda Method, the cornerstone of Jin Pilates, was created by James D'Silva, a former dancer and choreographer who designed the practice to address chronic pain from multiple spine injuries he sustained throughout his dance career. Today, even in his 60s, D'Silva remains limber and strong, a testament to Garuda's effectiveness. The method stands out in the fitness world for its ability to merge respected movement disciplines into a single, fluid practice. Unlike traditional Pilates, which often focuses on isolated and linear movements, Garuda brings an entirely different level of engagement to the body. It introduces a greater range of motion and dynamic dimensions, allowing multi-faceted movements that engage the entire body at once.</p><p style="text-align: justify;">Garuda Pilates is known for its innovative use of breathwork, which is integrated into each movement, guiding practitioners to a deeper connection with their bodies. This practice not only tones and strengthens but also provides cardiovascular benefits similar to those achieved through running—without the impact on joints. The result is a well-rounded workout that feels refreshing, invigorating, and restorative. The apparatus, a fusion of Pilates Reformer, Cadillac and Chair, is longer and wider, enabling varied movements and greater joint mobility.</p><p style="text-align: justify;"><a name="_efkufxr09gl"></a><strong>Benefits for those with injuries or chronic pain</strong></p><p style="text-align: justify;">One of the standout aspects of Garuda Pilates is its suitability for individuals recovering from injuries or dealing with chronic conditions, such as scoliosis. Jin Pilates has become a sanctuary for clients seeking both fitness and rehabilitation, as Garuda's emphasis on mindful movement allows for a therapeutic experience that complements traditional rehabilitation.</p><p style="text-align: justify;">Dorothy has witnessed clients with scoliosis who have come to her class with limited mobility only to find, over time, that they can move in ways they had not thought possible. Though it cannot alter structural issues, Garuda empowers clients to move confidently despite existing conditions. Its functional movements restore mobility and flexibility, relieve pain and enhance strength.</p><p style="text-align: justify;">Through her work, Dorothy has helped clients overcome 'niggling' discomforts of both old and chronic injuries, empowering them to reconnect with their bodies in new ways. For those who have been hesitant about exercise due to pain, Garuda Pilates offers a gentler yet powerful alternative.</p><p style="text-align: justify;">Jin Pilates is designed to welcome everyone, from complete beginners to experienced practitioners. Dorothy works with a range of clients, from the fit and active to beginners, as well as those in rehabilitation or pre/postnatal stages. Her introductory classes offer a supportive space for newcomers, ensuring a smooth start by introducing clients to the Garuda Apparatus and the fundamentals of the method. Jin Pilates prioritises a personalised, hands-on experience that guides students safely into this new form of movement.</p><p style="text-align: justify;">To make Garuda Pilates even more accessible, Jin Pilates offers beginner packages and special introductory group classes, which are also available through ClassPass. Clients can also start with private sessions before transitioning to group classes, ensuring they are comfortable with the equipment and movements. This approach makes Garuda Pilates approachable for those unfamiliar with the method, helping them feel empowered and supported every step of the way.</p><p style="text-align: justify;">For those seeking an intensive experience, Jin Pilates also offers mini-boot camps several times a year. These include a series of sessions that allow participants to delve deeper into Garuda's benefits, combining apparatus work, mat exercises, and barre techniques. Additionally, Dorothy plans to launch teacher training next year, inviting others to join the movement as Garuda instructors and spread its transformative benefits. Follow Jin Pilates on social media for the latest updates on schedules, special offers and upcoming launches.</p><p style="text-align: justify;">As the first Garuda studio in Singapore, Jin Pilates extends an invitation to anyone curious to experience a truly unique and holistic approach to movement - an experience that is best felt rather than explained. Whether you're looking to improve flexibility, alleviate pain, or explore a new form of mindful exercise, Jin Pilates provides a welcoming environment for all.</p><p style="text-align: justify;">In Dorothy's words, "I believe that more people should learn to move better. Garuda Pilates is a way to truly understand and experience your body's potential in a way that's restorative, empowering, and inclusive for everyone."</p><p style="text-align: justify;">Ready to experience the transformative power of Garuda Pilates? Book an introductory session at Jin Pilates today and start your journey toward mindful, pain-free movement with Singapore's first comprehensive Garuda-certified instructor, Dorothy. Explore what's possible for your body with guidance from an expert - because every movement counts toward a healthier, more balanced you.</p><p style="text-align: justify;"><strong>Media Contact</strong><br>Company: Jin Pilates<br>Contact: Media Team<br>Website: <a href="https://jinpilates.co/">https://jinpilates.co/</a></p><p style="text-align: justify;">SOURCE: Jin Pilates</p><BR /><BR /> Copyright 2024 ACN Newswire. All rights reserved. www.acnnewswire.com]]></description><link>https://www.acnnewswire.com/press-release/english/94021/</link><guid>https://www.acnnewswire.com/press-release/english/94021/</guid><category>Business</category><stock_tickers /><summary>Recently, Jin Pilates announced the opening of the first Garuda studio in Singapore. Discover a new way to move, for individuals at every stage of life - expand your range of motion, experience pain-free movement, and let Garuda Pilates transform your body holistically.</summary><featuredimage>https://photos.acnnewswire.com/tr:n-650/20241121.JIN.jpg</featuredimage></item><item><title>SGX-Listed Mooreast Appoints Norwegian Eirik Ellingsen as CEO to Drive Growth in Global Floating Offshore Wind Market</title><pubDate>Thu, 21 Nov 2024 19:00:00 +0800</pubDate><description><![CDATA[<p><img src="https://www.acnnewswire.com/images/company/Mooreast220.jpg" border="0" /></p><p style="text-align: justify;"><strong>SINGAPORE, Nov 21, 2024 - (ACN Newswire) -</strong> Mooreast Holdings Ltd. (“Mooreast” or the “Group”), announced today it will appoint Mr Eirik Ellingsen, a Norwegian with deep experience in the offshore and marine sector, as Chief Executive Officer (“CEO”) amid growing adoption of floating wind energy projects worldwide.</p><center><figure class="image"><img src="https://photos.acnnewswire.com/20241121.Mooreast.jpg" alt="Mr Eirik Ellingsen’s appointment, which will begin 1 January 2025, comes amid the growing commercialisation of floating offshore renewable energy projects" width="350" height="301"><figcaption>Mr Eirik Ellingsen’s appointment, which will begin 1 January 2025, comes amid the growing commercialisation of floating offshore renewable energy projects</figcaption></figure></center><p style="text-align: justify;">Mr Ellingsen will assume the role of CEO at Mooreast on 1 January 2025. He will be taking over from Mr Sim Koon Lam, the founder, who will continue to serve as Executive Director and Deputy Chairman of the Group.</p><p style="text-align: justify;">Mooreast is a total mooring solutions specialist and Asia’s only ultra-high power anchor manufacturer primarily serving the offshore renewable energy, offshore oil & gas and marine industries. With operations in Singapore and the Netherlands, the Group is establishing a manufacturing facility in Aberdeen, Scotland, and is making forays into the North East Asia market.</p><p style="text-align: justify;">In June 2024, the Group announced that it was acquiring 60 Shipyard Crescent from a subsidiary of Seatrium Limited. The acquisition increases Mooreast’s total land area to 129,609 sqm (approx. 1.4 million sqft) and quadruples its production capacity to produce enough subsea foundation to support between 1.5 gigawatts (“GW”) to 2GW of floating offshore wind energy per annum compared to its current capacity of 0.5GW.</p><p style="text-align: justify;">Mr Ellingsen, who is also a resident of Singapore, brings over 35 years of experience to the role. He is currently serving as Director of Offshore Wind in the Asia Pacific at independent non-profit foundation Norwegian Energy Partners (“Norwep”). In that role, he built strong relationships with the global offshore wind industry across South Korea, Japan, Taiwan, the Philippines, Vietnam and Australia. His last day at Norwep will be 31 December 2024.</p><p style="text-align: justify;">Before joining Norwep, Mr Ellingsen held several key roles in the global offshore industry. Notably, he served as Group Executive Director for Ferguson Group Ltd, where he oversaw its global container and modular business, and established its Singapore operations in 2008. He also founded Norway-based Ferdocean AS in 2018 which was sold in 2022. Following the sale, he was appointed Non-Executive Director of Ferdocean AS, where he provided strategic operational oversight of the business.</p><p style="text-align: justify;">Mr Ellingsen holds certifications in Business Sustainability Management from the University of Cambridge, Leadership and Competence Development for Board and Committee Members from the University of Stavanger and in Foundation Program in Business Administration from the BI Norwegian School of Management. Additionally, he is a certified ISO 9001, 14001, 27001 Lead Auditor through the Knowledge Academy.</p><p style="text-align: justify;">Mr Ellingsen’s appointment comes amid the growing commercialisation of floating renewable energy projects, which are moving further offshore to deeper waters, driving demand for advanced mooring solutions such as anchoring techniques and synthetic mooring lines.</p><p style="text-align: justify;">Floating wind farm developers require an innovative partner with a reliable network of suppliers and manufacturing capabilities to reduce costs and address supply chain challenges. This presents Mooreast with a strong opportunity to offer its cutting-edge mooring solutions.</p><p style="text-align: justify;">Mooreast said it would leverage on Mr Ellingsen’s extensive expertise and network within the offshore wind industry to capture business opportunities, as the Group positions itself as a key player in the global floating offshore wind market.</p><p style="text-align: justify;">Commenting on the appointment, Mr Sim Koon Lam said, “We are delighted to welcome Mr Ellingsen to the team; his experience, strong track record and deep industry knowledge and network will further accelerate our push towards the floating offshore renewable sector. We are confident he will strengthen our strategic direction, propel the Group to the next level and deliver long-term value to our shareholders.”</p><p style="text-align: justify;">Mr Eirik Ellingsen said “I am deeply honoured and excited to take on the role of CEO at Mooreast. I look forward to working with the Mooreast team to implement key transformation strategies to build momentum and achieve the Group’s long-term vision of becoming the leading mooring solutions provider within the floating renewable energy sector.”</p><p style="text-align: justify;">Leveraging more than 30 years of mooring and offshore marine expertise, Mooreast total mooring solutions include the design, engineering and fabrication of specialist anchors and equipment, as well as geotechnical and geophysical studies such as soil data analysis to determine project feasibility and engineering design for mooring configuration for floating wind turbines. The Group also incorporated Mooreast Taiwan in May 2024 and Mooreast Malaysia in July 2024.</p><p style="text-align: justify;">This press release has been prepared by the Company and its contents have been reviewed by the Company’s sponsor, W Capital Markets Pte. Ltd. (the “Sponsor”). This press release has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “SGX-ST”) and the SGX-ST assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release.</p><p style="text-align: justify;">The contact person for the Sponsor is Ms Alicia Chang, Registered Professional, W Capital Markets Pte. Ltd., at 65 Chulia Street, #43-01 OCBC Centre, Singapore 049513, Telephone (65) 6513 3525.</p><p style="text-align: justify;">Issued for and on behalf of Mooreast Holdings Ltd. by WeR1 Consultants Pte Ltd.</p><p style="text-align: justify;"><strong>About Mooreast Holdings Ltd.</strong></p><p style="text-align: justify;">Mooreast is a total mooring solutions specialist, serving mainly the offshore renewable energy, offshore oil & gas (“O&G”) and marine industries, with operations primarily in Singapore, the Netherlands through its wholly-owned subsidiary in Rotterdam Mooreast Europe, and offices based in Scotland, Taiwan and Malaysia.</p><p style="text-align: justify;">Mooreast’s solutions include the design, engineering, fabrication, supply and logistics, installation and commissioning of mooring systems. Mooreast is applying its experience and expertise in mooring solutions to floating renewable energy projects, in particular floating offshore wind farms. It has successfully participated in developmental and prototype projects for floating offshore wind turbines in Japan and Europe.</p><p style="text-align: justify;">For more information, please visit <a href="https://mooreast.com/">https://mooreast.com/</a></p><p style="text-align: justify;"><strong>Media & Investor Contact Information</strong><br>WeR1 Consultants Pte Ltd<br>1 Raffles Place #02-01<br>One Raffles Place Mall Suite 332<br>Singapore 048616<br>Isaac Tang, <a href="mailto:mooreast@wer1.net">mooreast@wer1.net</a> (M: +65 9748 0688)</p><BR /><BR /> Copyright 2024 ACN Newswire. All rights reserved. www.acnnewswire.com]]></description><link>https://www.acnnewswire.com/press-release/english/94017/</link><guid>https://www.acnnewswire.com/press-release/english/94017/</guid><category>Alternative Energy, HR, Marine & Offshore</category><stock_tickers>SGX:MOOR, SGX:1V3</stock_tickers><summary>Mooreast Holdings Ltd. ("Mooreast" or the "Group"), announced today it will appoint Mr Eirik Ellingsen, a Norwegian with deep experience in the offshore and marine sector, as Chief Executive Officer ("CEO") amid growing adoption of floating wind energy projects worldwide.</summary><featuredimage>https://photos.acnnewswire.com/tr:n-650/20241121.Mooreast.jpg</featuredimage></item><item><title>DesignInspire opens on December 5, with free admission for the public</title><pubDate>Thu, 21 Nov 2024 17:54:00 +0800</pubDate><description><![CDATA[<p><img src="https://www.acnnewswire.com/images/company/HKTDC3.jpg" border="0" /></p><p><strong>- DesignInspire</strong><strong> will return </strong><strong>from 5 to 7 December</strong><strong>,</strong><strong> and will be fully open to design industry and the public</strong><strong> with complimentary admission for three consecutive days</strong><strong>, featuring multiple photo spots and immersive art experiences.<br>- </strong><strong>Paris’ prestigious design authority Maison&Objet will present an impressive</strong> <strong>immersive showcase</strong>.<br><strong>- The Future Archive, curated by award-winning designer and cross-disciplinary artist Chilai Howard, will showcase seven exceptional creative partnerships between Hong Kong design masters and emerging talents.<br></strong><strong>- A full-scale red minibus facade showcasing iconic calligraphy by traditional minibus sign writer Mak Kam-sang and renowned hand-painted sign artist Katol.<br></strong><strong>- InnoTalks forum brings together international design experts to share the latest design trends and forward-looking perspectives; multiple creative workshops covering STEAM education, traditional crafts, and innovative technology.</strong></p><p><strong>HONG KONG, Nov 21, 2024 - (ACN Newswire) - </strong>DesignInspire, organised by the Hong Kong Trade Development Council (HKTDC), co-organised by the Hong Kong Design Centre (HKDC), and sponsored by the Cultural and Creative Industries Development Agency (CCIDA), will be held on 5-7 December at the Hong Kong Convention and Exhibition Centre (HKCEC). The exhibition will be fully open with complimentary admission for design industry players and the public throughout the three-day event. Under the theme of "Design for a Better Tomorrow", this year's exhibition marks a milestone strategic partnership with globally renowned interior design trade fair creator Maison&Objet, bringing together local and international design luminaries to create a unique experiential journey for both industry professionals and the public. The Business of Design Week Summit 2024, organised by HKDC, will run concurrently on 2-7 December and 4-6 December respectively, creating a perfect synergy with DesignInspire.</p><p>Stephen Liang, Assistant Executive Director of the HKTDC, said: "As an internationally acclaimed centre of design excellence in Asia, Hong Kong has always played a vital role in promoting global creative industry development. DesignInspire, as an important creative design platform in Asia, this year features an extensive programme of designated photo spots and immersive art installations. It is expected to attract over 200 exhibitors from Mainland China, the Czech Republic, France, Japan, Taiwan, Thailand and Hong Kong, showcasing global innovative design trends. The first-time strategic partnership with France's prestigious design fair Maison&Objet further emphasises Hong Kong’s strategic positioning as an East-meets-West centre for international cultural exchange, creating a new driving force to stimulate further growth and development of the cultural and creative industries in Hong Kong."</p><p><strong>Explore French creative and design excellence</strong></p><p>The globally renowned Maison&Objet, a premier platform for international design, interior decoration, and lifestyle, has signed an MOU with the HKTDC and is making its Hong Kong debut. The collaboration features the Maison&Objet Factory, a 1,000-square-metre immersive showcase that presents cutting-edge design trends while reinforcing Hong Kong's role as Asia's design capital. The exhibition area is divided into five unique zones conceived by master curators: “Nature, the Muse!”, “Conscious Staging”, “Precious Matters”, “Shades of Sustainability” and “Terra Cosmos: spaces full of future promise”, each interpreting "conscious design" from its own unique perspective. “Nature, the Muse!” curated by internationally renowned Chinese contemporary designer Jiang Qiong Er, features selected works by 10 prestigious French artisans from Les Lauréats de l'Intelligence de la Main® and nine Chinese master craftsmen, demonstrating the exceptional craftsmanship of both East and West.</p><p>Additionally, DesignInspire will also work with several French institutions to present an array of prestigious French brands, including Baccarat and LALIQUE. A highlight includes Baccarat's exclusive crystal chandelier collaboration with Hong Kong design maestro Steve Leung, featuring blue-and-white porcelain elements.</p><p><strong>Future Archive showcases Hong Kong creativity and cross-generational dialogue</strong></p><p>The Future Archive, curated by award-winning designer and cross-disciplinary artist <strong>Chilai Howard</strong>, will present groundbreaking collaborative works between Hong Kong's veteran design masters and rising talents. The showcase features seven exceptional creative partnerships, including graphic design master and ink painter <strong>Kan Tai-keung</strong> with printmaker and tattoo artist <strong>Li Ning</strong>; international architectural designer <strong>Steve Leung</strong> with new media artist <strong>Chris Cheung / XPLOR</strong>; sculptor <strong>Johnson Tsang</strong> with emerging Hong Kong artist <strong>Kila Cheung</strong>; watch designer <strong>Joe Kwan</strong> with sculptural visual effects designer <strong>Ram2</strong>; wood carving master craftsman <strong>Siu Ping-keung</strong> with woodwork craftsman <strong>Chow Kin-lung</strong>; neon light craftsman <strong>Wu Chi-kai</strong> with woodwork art brand <strong>Start From Zero</strong>; and master minibus sign writer <strong>Mak Kam-sang</strong> with hand-painted signage artist <strong>Katol</strong>. The exhibition features a life-sized red minibus facade showcasing their iconic calligraphic artistry. These cross-disciplinary collaborations between seasoned design masters and a new generation of artists, exemplifies the perfect balance of tradition and innovation, highlighting Hong Kong design's unique appeal in combining international perspectives with local characteristics.</p><p><strong>Interactive art tech zone and local design showcase</strong></p><p>The exhibition features a dedicated art tech interactive zone, presenting creative performances by renowned local watercolour artist Pei Chung and real-time visual artist moon.noon. Pei Chung's exhibition not only showcases his signature jellyfish motifs but also incorporates Hong Kong's most iconic urban symbols, including dazzling neon signs, street-traversing trams and minibuses, and local culinary delights like pineapple buns. The exhibits incorporate interactive elements, allowing visitors to experience the creative fusion of watercolour art and digital technology.</p><p>Real-time visual artist moon.noon brings an immersive art installation “Echoes of Urban Pulse”. The work consists of two installations. “Urban Mirage” which uses optical and sound data recorded on Hong Kong streets to present the city’s distinctive landscapes like Causeway Bay's Yee Wo Street Bridge and Central's Edinburgh Place pedestrian tunnel through over 2,000 different light states, offering visitors a unique sensory experience. The second installation, “Streetlight Sonata”, is an interactive art installation incorporating Hong Kong street light elements, with backgrounds changing according to visitors' movements and steps, creating unique light and shadow effects.</p><p>Several renowned local design institutions will also participate in DesignInspire. The Hong Kong Design Institute will showcase its project Motifx, featuring distinctive household items using Chinese classical floral patterns, demonstrating the unique charm of traditional patterns in stylish homes and daily life. The HKDC Pavilion by Hong Kong Design Centre will display approximately 20 creations from the Fashion Incubation Programme (FIP) and Design Incubation Programme (DIP), along with over 200 DFA Design Award-winning works.</p><p>Demonstrating the remarkable strength of local design, this year's DesignInspire will feature a Hong Kong Design On Stage zone, showcasing eight local design teams that won the Hong Kong section competition at Paris' Maison&Objet, including: Studio Yellowdot, Studio-Ryte, Hintegro Limited, Green & Associates (HK) Limited, @StreetsignHK, Monica Tsang Designs Limited, MLKK Design Studio Limited, and BEAU Architects.</p><p>As a unique business-to-all platform for Hong Kong's creative industry, DesignInspire serves not only as a bridge connecting Hong Kong with the international design community but also a creative exchange platform that fosters collaboration among various stakeholders. The innovative works and concepts presented by event exhibitors not only showcase the latest design trends, they also emphasise how these innovations can be applied in business, providing rich inspiration and fresh ideas for various industries, particularly those focused on customer experience, such as real estate developers, retail, and service sectors (including hotels, shopping malls, chain restaurants, clubs, and airlines). Through advancements in spatial design, product design, material applications, and art technology, these industries can enhance their brand image and customer experience, ultimately attracting more consumers.</p><p><strong>Design seminars and workshops promoting Hong Kong craftsmanship</strong></p><p>To foster design innovation and exchange, the exhibition features InnoTalks with approximately 12 sessions by design experts from various countries and regions. Topics include font design, Xiaohongshu marketing, design trends promoting inclusion and social responsibility, future design: conscious design, storytelling through Bohemian glass, Chinese patterns and modern design, among other engaging subjects that stimulate creative thinking. The Design Council of Hong Kong will also hold the D-Mark certification ceremony and sharing session.</p><p>This year's DesignInspire engages professionals, design enthusiasts, and the public through exhibitions, seminars, and workshops. The exhibition features diverse interactive experience zones and creative workshops, including art design and traditional crafts, where visitors can create Hong Kong-style iced lemon tea candles and cultural heritage bamboo coasters. STEAM education workshops offer Logiblocs programming and AR drawing activities to inspire innovative thinking. The venue also includes design select store in the Shop zone, featuring collectors' items from designers and brands, offering visitors the opportunity to purchase unique design pieces to add fashion and elegance to their own homes. Click <a href="https://www.art-mate.net/designinspire2024?fbclid=IwY2xjawGqiV5leHRuA2FlbQIxMAABHbc-D_Mbw0QCkUt5loQKXDDszysmdCmNhmZfWcDcF2c5rN4rEO8FogYkrw_aem_nmyoOMIzgEMLUXV1ctN8tg">here</a> for registration.</p><p>Additionally, three major events - the Business of IP Asia Forum, Entrepreneur Day and Start-up Express: International Edition 2024, will be held concurrently with DesignInspire at the Hong Kong Convention and Exhibition Centre on 5-6 December, creating synergy and business opportunities. Participants can also explore cooperation opportunities through one-on-one business matching to meet with various design service companies.</p><p><strong>DesignInspire Details</strong></p><table border="0" cellspacing="0" cellpadding="0"><tbody><tr><td><p>Date: </p></td><td><p>5-7 December, 2024 (Thursday to Saturday)</p></td></tr><tr><td><p>Time: </p></td><td><p>5-6 December 9:30am - 7:30pm</p></td></tr><tr><td><p> </p></td><td><p>7 December 9:30am - 7:00pm</p></td></tr><tr><td><p>Venue: </p></td><td><p>Hall 3DE, Hong Kong Convention and Exhibition Centre</p></td></tr><tr><td><p>Fee: </p></td><td><p>Free admission with registration</p></td></tr></tbody></table><p>Event website: https://designinspire.hktdc.com </p><p><strong>Photo download:</strong></p><table style="width: 672px;" border="1" width="699" cellspacing="0" cellpadding="0"><tbody><tr><td style="width: 670px;"><p align="center"><strong><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22965/20241121162300/resize/1_230x330.jpg"></strong></p></td></tr><tr><td style="width: 670px;"><p>DesignInspire organised by the HKTDC, co-organised by Hong Kong Design Centre (HKDC) and sponsored by the Cultural and Creative Industries Development Agency (CCIDA), will return on 5-7 December.</p></td></tr><tr><td style="width: 670px;"><p align="center"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22965/20241121162300/resize/2_EN_230x325.jpg"></p></td></tr><tr><td style="width: 670px;"><p>DesignInspire has formed its first strategic partnership with France's prestigious design fair Maison&Objet, which will present its first exhibition in Hong Kong, the Maison&Objet Factory.</p></td></tr><tr><td style="width: 670px;"><p align="center"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22965/20241121162300/resize/3_230x111.jpg"></p><p align="center">The design of Future Archive</p><p> </p><p><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22965/20241121162300/resize/4_230x124.jpg" alt="">Kan Tai Keung’s artwork <img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22965/20241121162300/resize/5_230x108.JPG" alt="">Li Ning’s artwork</p></td></tr><tr><td style="width: 670px;"><p>The Future Archive, curated by award-winning designer and cross-disciplinary artist Chilai Howard, will showcase creative collaborations between seven pairs of veteran Hong Kong design masters and emerging talents, such as “Creating the Future” X “Big Steps” by Kan Tai Keung and Li Ning.</p></td></tr><tr><td style="width: 670px;"><p> </p><p align="center"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22965/20241121162300/resize/6_230x162.jpg"></p></td></tr><tr><td style="width: 670px;"><p>Works by master minibus sign writer Mak Kam-sang and renowned hand-painted signage artist Katol. The duo will create their iconic handwritten typography "Better Future" on a life-sized red minibus facade, to echo this year's DesignInspire theme. The work will be displayed in the Future Archive pavilion during the exhibition.</p></td></tr><tr><td style="width: 670px;"><p align="center"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22965/20241121162300/resize/7_230x84.jpeg"></p></td></tr><tr><td style="width: 670px;"><p>The exhibition features an art tech interactive zone, presenting works by renowned local watercolour artist Pei Chung and real-time visual artist moon.noon. Pei Chung's exhibits incorporate Hong Kong's most iconic urban symbols with interactive elements, allowing visitors to experience the creative fusion of watercolour art and digital technology.</p></td></tr><tr><td style="width: 670px;"><p align="center"><img src="https://mediaroom.hktdc.com/cms/Data/images/albums/2024/11/22965/20241121162300/resize/8_230x129.jpg"></p></td></tr><tr><td style="width: 670px;"><p>Real-time visual artist moon.noon brings an immersive art installation, “Echoes of Urban Pulse”. The “Urban Mirage” zone uses optical and sound data collected from Hong Kong streets, to present Hong Kong's distinctive landscapes through over 2,000 different light states, while the “Streetlight Sonata” zone is an interactive art installation incorporating Hong Kong street light elements, with backgrounds changing according to visitors' movements and steps, creating unique light and shadow effects.</p></td></tr></tbody></table><p><strong>Media enquiries</strong></p><p>For enquiries, please contact:</p><p>Raconteur PR:</p><table style="width: 90.5547%;" border="0" cellspacing="0" cellpadding="0"><tbody><tr><td style="width: 27.3643%;"><p>Betsy Tse</p></td><td style="width: 35.654%;"><p>Tel: (852) 9742 7338</p></td><td style="width: 36.9818%;"><p>Email:<a href="mailto:betsytse@raconteur.hk">betsytse@raconteur.hk</a></p></td></tr><tr><td style="width: 27.3643%;"><p>Molisa Lau</p></td><td style="width: 35.654%;"><p>Tel: (852) 6187 7786</p></td><td style="width: 36.9818%;"><p>Email:<a href="mailto:molisalau@raconteur.hk">molisalau@raconteur.hk</a></p></td></tr></tbody></table><p><strong>HKTDC Communication and Public Affairs Department:</strong></p><table border="0" cellspacing="0" cellpadding="0"><tbody><tr><td><p>Snowy Chan</p></td><td><p>Tel: (852) 2584 4525 </p></td><td><p>Email:<a href="mailto:snowy.sn.chan@hktdc.org">snowy.sn.chan@hktdc.org</a></p></td></tr><tr><td><p>Johnny Tsui </p></td><td><p>Tel: (852) 2584 4395</p></td><td><p>Email:<a href="mailto:johnny.cy.tsui@hktdc.org">johnny.cy.tsui@hktdc.org</a></p></td></tr></tbody></table><p><strong>HKTDC Newsroom</strong><a href="http://mediaroom.hktdc.com/tc">:http://mediaroom.hktdc.com/en</a></p><p><strong>About the HKTDC</strong></p><p>The <a href="https://www.hktdc.com/">Hong Kong Trade Development Council (HKTDC)</a> is a statutory body established in 1966 to promote, assist and develop Hong Kong ’s trade. With 50 <a href="http://aboutus.hktdc.com/en/#global-network">offices</a> globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises <a href="http://www.hktdc.com/info/trade-events/EX/en/Exhibitions.htm">international exhibitions, conferences </a>and <a href="https://home.hktdc.com/en/search?type=all&q=missions">business missions</a> to create business opportunities for companies, particularly SMEs, in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via <a href="http://www.hktdc.com/mis/pm/en/HKTDC-Product-Magazines.html">trade publications</a>, <a href="http://research.hktdc.com/">research reports</a> and <a href="http://mediaroom.hktdc.com/">digital news channels</a>. For more information, please visit: <a href="http://www.hktdc.com/aboutus">www.hktdc.com/aboutus</a>.</p><p><strong>About Cultural and Creative Industries Development Agency (CCIDA)</strong></p><p>The Cultural and Creative Industries Development Agency (CCIDA) established in June 2024, formerly known as Create Hong Kong (CreateHK), is a dedicated office set up by the Government of the Hong Kong Special Administrative Region (HKSAR Government) under the Culture, Sports and Tourism Bureau to provide one-stop services and support to the cultural and creative industries with a mission to foster a conducive environment in Hong Kong to facilitate the development of arts, culture and creative sectors as industries. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and cross-genre collaboration, promoting the development of arts, culture and creative sectors as industries under the industry-oriented principle, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community to implement Hong Kong’s positioning as the East-meets-West centre for international cultural exchange under the National 14th Five-Year Plan.</p><p>CCIDA’s website: <a href="http://www.ccidahk.gov.hk/">www.ccidahk.gov.hk</a>.</p><p><strong>About BODW</strong></p><p>Business of Design Week (BODW), Asia’s premier annual event on design, innovation and brands since 2002, is organised by Hong Kong Design Centre and gathers some of the world’s foremost design masters, brand leaders and entrepreneurs from Hong Kong as well as overseas, driving discourse on the value of design and innovation to inspire global audiences and explore new business opportunities.</p><BR /><BR /> Copyright 2024 ACN Newswire. All rights reserved. www.acnnewswire.com]]></description><link>https://www.acnnewswire.com/press-release/english/94016/</link><guid>https://www.acnnewswire.com/press-release/english/94016/</guid><category>Trade Shows, Fashion & Apparel, Print & Package, Art, Music & Design, Regional, Watches & Jewelry</category><stock_tickers>HKG:0558691D</stock_tickers><summary>DesignInspire, organised by the Hong Kong Trade Development Council (HKTDC), co-organised by the Hong Kong Design Centre (HKDC), and sponsored by the Cultural and Creative Industries Development Agency (CCIDA), will be held on 5-7 December at the Hong Kong Convention and Exhibition Centre (HKCEC).</summary><featuredimage /></item><item><title>Yahoo Finance Invest Asia 2024 - Disrupting Finance: Innovations Shaping The Future</title><pubDate>Thu, 21 Nov 2024 14:14:00 +0800</pubDate><description><![CDATA[<p><img src="https://www.acnnewswire.com/images/company/yahoo220px.jpg" border="0" /></p><p><strong><img style="display: block; margin-left: auto; margin-right: auto;" src="https://photos.acnnewswire.com/20241120invest1.jpg" alt="" width="550" height="226"></strong></p><p style="text-align: center;" align="center">Highlight: <a href="https://hk.finance.yahoo.com/splash/yahooinvest2024">https://hk.finance.yahoo.com/splash/yahooinvest2024</a></p><p><strong>HONG KONG, Nov 21, 2024 - (ACN Newswire) - </strong>The 2024 Yahoo Finance annual event, Yahoo Finance Invest, was grandly held on November 19, achieving a remarkable 1,500,000 online views. This year, multiple forces have influenced the economy in unprecedented ways, including the rise of artificial intelligence, changes in the policies of the U.S. Federal Reserve, and the intense U.S. presidential election buildup and resolution, leaving investors still grappling with their implications.</p><p>In light of this, Yahoo Finance Invest brought together elite speakers from the global investment community. A unique combination of speakers from the U.S. and distinguished speakers from Hong Kong provides a comprehensive regional perspective, including decision-makers from major corporations and governments with thought leaders, to share and analyze the new developments and macro disruptions experienced and lived through this year. The event explored trends in the future global economic market, while showcasing new frontiers in technological breakthroughs. Leaders from various sectors provided professional insights to help investors in their wealth accumulation goals by informing their investment decisions.</p><p>Honored guests participating in the summit this year included: Mr. Arvind Krishna, Chairman & CEO, IBM; Ms. Karen Karniol-Tambour, Co-Chief Investment Officer, Bridgewater Associates; Mr. Marc Rowan, Co-Founder & CEO, Apollo Global Management; Mr. Rick Rieder, Chief Investment Officer of Global Fixed Income, BlackRock; The Honourable Bernard Charnwut Chan, GBM, GBS, JP, Chairman, M+ Museum Ltd.; Mr. Kevin Yeung, Chairman, HKFDA; Ms. Bonita Cheung, Curator & Project Director, HKFDA; Mr. Chris Brown, Founder & CEO, ReThink HK; Mr. Daniel Seah, Chairman and Chief Executive Officer, Digital Domain Holdings Limited and Mr. Ng Sier Han, General Manager, DBS Bank (Taiwan)</p><p>As an elite gathering of distinguished guests sharing their unique perspectives and insights, they provided valuable commentary and exchanges aimed at local and regional investors, as well as all invested stakeholders within the global economy.</p><p><strong>Exploring Market Volatility and Future Trends</strong></p><p>The summit served as a platform for speakers to discuss the latest and most influential topics and trends. The invited speakers, all leaders and pioneers in their respective fields, shared their diverse viewpoints, providing the audience with insights unique to the movers and shakers that are disrupting the way the world works and those that facilitate innovation and business operations for large enterprises that provide technology and banking/finance infrastructures. This enabled investors to access more comprehensive information and gain a better understanding of economic trends in Asia and the global market.</p><p><strong>Hong Kong has become the world's second-largest art trading hub</strong></p><p>M+ Museum Ltd, Chairman, The Honourable Bernard Charnwut Chan, GBM, GBS, JP commented on Hong Kong's competitiveness in the realm of art and culture, stating, "Hong Kong has surpassed the UK and is now closely following New York as a leading global art trading center. Over the past few years, Hong Kong has established a comprehensive art ecosystem, exemplified by public institutions like M+ Museum and the West Kowloon Cultural District, alongside a variety of private art organizations. All of this highlights Hong Kong's potential as a major art capital.”</p><p>“Moreover, with the rise of 400 million middle-class consumers in China and 200 million in ASEAN countries, purchasing power and the demand for quality cultural experiences are only expected to increase, presenting considerable potential. Of course, recent geopolitical tensions have impacted certain collaborations, but I believe the fields of art and culture remain quite healthy, and I do not see any reluctance from anyone to collaborate with local entities."</p><p>Video: <a href="https://hk.finance.yahoo.com/video/m-%E8%91%A3%E4%BA%8B%E5%B1%80%E4%B8%BB%E5%B8%AD%E9%99%B3%E6%99%BA%E6%80%9D-%E6%8E%A2%E8%A8%8E%E9%A6%99%E6%B8%AF%E6%96%87%E5%8C%96%E9%A0%98%E5%9F%9F%E7%9A%84%E8%AE%8A%E9%9D%A9-050613984.html">https://hk.finance.yahoo.com/video/m-董事局主席陳智思-探討香港文化領域的變革-050613984.html</a> </p><p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://photos.acnnewswire.com/20241120invest2.jpg" alt="" width="550" height="207"></p><p><strong>Hong Kong should learn from Europe's transformation to help businesses seize the opportunities presented by sustainable development</strong></p><p>ReThink HK Founder & CEO Mr. Chris Brown shared his thoughts on Hong Kong's position in sustainable development, stating, "In Asia, we realize that we are relatively behind, and even within Hong Kong, our progress is slower compared to other regions in Asia. However, this is not necessarily a bad thing. We can learn from Europe's transformation experience, particularly how they assist businesses in seizing the opportunities presented by sustainability, setting goals, and enhancing their value propositions to various stakeholders. Companies must begin to gain a deeper understanding of all aspects of their operations and value chains, while also paying attention to their impact on the natural environment. Just as businesses are striving to meet the demands for financial disclosures and ESG reporting, another wave of requirements will follow, necessitating more specialized knowledge."</p><p>Video: <a href="https://hk.finance.yahoo.com/video/rethink-hk-%E5%89%B5%E8%BE%A6%E4%BA%BA%E5%85%BC%E8%A1%8C%E6%94%BF%E7%B8%BD%E8%A3%81chris-brown-%E9%A6%99%E6%B8%AF%E5%8F%AF%E6%8C%81%E7%BA%8C%E7%99%BC%E5%B1%95%E6%9C%80%E6%96%B0%E9%80%B2%E5%B1%95-042802607.html">https://hk.finance.yahoo.com/video/rethink-hk-創辦人兼行政總裁chris-brown-香港可持續發展最新進展-042802607.html</a></p><p><strong><img style="display: block; margin-left: auto; margin-right: auto;" src="https://photos.acnnewswire.com/20241120invest3.jpg" alt="" width="550" height="201"></strong></p><p><strong>More than 100 Hong Kong designers participated in the event in Asia, connecting local designers with the global community.</strong></p><p>HKFDA Chairman Mr. Kevin Yeung shared his insights on the current fashion design industry in Hong Kong, stating, "Over the past 13 years, with the support of the Hong Kong government's Creative Industries Development Office, the association has organized numerous significant events. These activities, held in Hong Kong, Shanghai, the Greater Bay Area and other regions in Asia, have attracted over a hundred Hong Kong designers, as well as designers from Denmark, Thailand, and mainland China. The aim is to promote Hong Kong design and foster connections among designers from different regions."</p><p>Video: <a href="https://hk.finance.yahoo.com/news/hkfda-%E6%A5%8A%E6%A3%8B%E5%BD%AC%E3%80%81%E5%BC%B5%E6%BD%94%E9%9B%AF%EF%BC%9A%E6%8E%A2%E8%A8%8E%E6%99%82%E5%B0%9A%E7%94%A2%E6%A5%AD%E7%9A%84%E6%9C%AA%E4%BE%86%E7%99%BC%E5%B1%95-051956154.html">https://hk.finance.yahoo.com/news/hkfda-楊棋彬、張潔雯：探討時尚產業的未來發展-051956154.html</a></p><p><strong>Hong Kong's geographical location facilitates a convergence of Eastern and Western cultures, positioning it as an international hub</strong></p><p>HKFDA Curator & Project Director Ms. Bonita Cheung said, "In Hong Kong, we have many talented and renowned fashion designers, such as Benny Yeung, Barney Cheng and Kev Yiu, as well as designers from mainland China. I believe Hong Kong has always been regarded as one of the most cutting-edge and international of markets. Its geographical location makes it a vital hub for cultural exchange between the East and West. In fashion design, haute couture represents the pinnacle of art and craftsmanship, making this combination particularly fitting."</p><p>When discussing the relationship between fashion design and sustainable development, Ms. Bonita Cheung stated, "Juxtaposed is a project we have been undertaking since 2017, aimed at integrating various aspects of sustainability. When curating exhibitions and events, I typically do not reveal the underlying concepts directly, as I hope to encourage deeper reflection from the audience after their visit. Therefore, we explore how to achieve a closed-loop system in fashion, encouraging the use of recycled fabrics and the deconstruction and reconstruction of old inventory, off-season items, and even second-hand clothing."</p><p>Video: <a href="https://hk.finance.yahoo.com/video/hkfda-%E6%A5%8A%E6%A3%8B%E5%BD%AC-%E5%BC%B5%E6%BD%94%E9%9B%AF-%E6%8E%A2%E8%A8%8E%E6%99%82%E5%B0%9A%E7%94%A2%E6%A5%AD%E7%9A%84%E6%9C%AA%E4%BE%86%E7%99%BC%E5%B1%95-044837487.html">https://hk.finance.yahoo.com/video/hkfda-楊棋彬-張潔雯-探討時尚產業的未來發展-044837487.html</a></p><p><strong><img style="display: block; margin-left: auto; margin-right: auto;" src="https://photos.acnnewswire.com/20241120invest4.jpg" alt="" width="550" height="205"></strong></p><p> </p><p><strong>It is inspiring to be located in Hong Kong, and there is hope for the integration of artificial intelligence technology across various sectors in the city</strong></p><p>Digital Domain Holdings Limited Chairman and Chief Executive Officer Mr. Daniel Seah Daniel Seah expressed his thoughts on Digital Domain's establishment in Hong Kong, stating, "We are fortunate to have received the support of the Hong Kong government. After extensive consideration and analysis, we believe that Hong Kong is the best place among many options. Imagine a powerful chatbot paired with a lifelike avatar, with a wide range of commercial applications, from education to hospitality, and even in elderly care and healthcare. If bank customers could interact with a virtual persona resembling Anita Mui, Leslie Cheung or Teresa Teng, it would undoubtedly bring about significant improvements in efficiency across various industries in Hong Kong. Therefore, we need to invest in talent and new technologies and build a more robust infrastructure system for the new generation."</p><p>Video: <a href="https://hk.finance.yahoo.com/video/%E6%95%B8%E5%AD%97%E7%8E%8B%E5%9C%8B%E8%AC%9D%E5%AE%89-%E8%99%9B%E6%93%AC%E4%BA%BA%E5%83%8F%E6%8A%80%E8%A1%93%E5%9C%A8ai%E6%99%82%E4%BB%A3%E7%9A%84%E6%88%B0%E7%95%A5%E8%88%87%E9%A1%98%E6%99%AF-041000355.html">https://hk.finance.yahoo.com/video/數字王國謝安-虛擬人像技術在ai時代的戰略與願景-041000355.html</a></p><p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://photos.acnnewswire.com/20241120invest5.jpg" alt="" width="550" height="209"></p><p>Pete Wong, General Manager of Yahoo Asia, shared his insights by saying, "Following its premiere, this 'Yahoo! Finance Invest Asia 2024' recorded over 1,500,000 online views globally, garnering significant attention from various sectors. This clearly demonstrates the summit's importance to the global market and its international standing. As a trusted leader in financial information, Yahoo will continue to provide authoritative industry insights and in-depth market analysis in the future. Yahoo Finance will also regularly host impactful events to drive the industry into a new era and promote overall economic growth in the Asia-Pacific region."</p><p>In addition, to enhance user experience, the Yahoo Hong Kong Finance website has undergone significant updates, presenting a completely new look. They comprise:</p><p><strong>New Homepage</strong></p><p>The new homepage is designed to help users navigate easily, and quickly find the content they need, offering the latest market insights while allowing users to explore various Yahoo Finance products. At the top of the homepage, there is a prominent information section next to a news area, along with a video section that provides a variety of engaging content. Below, there is an investment insights area featuring data on the top gainers and losers, as well as the most active stocks, alongside thematic modules and a stream of the latest news.<br><br></p><p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://photos.acnnewswire.com/20241120invest6.jpg" alt="" width="550" height="300"></p><p> </p><p><img style="display: block; margin-left: auto; margin-right: auto;" src="https://photos.acnnewswire.com/20241120invest7.jpg" alt="" width="550" height="403"></p><p> </p><p><strong>New Customizable Toolbar</strong></p><p>The new customizable toolbar allows users to tailor their experience by adding or removing features according to their preferences. This toolbar provides quick access to essential tools, market data, and personalized settings, enabling users to efficiently manage and monitor their investments. Users can easily navigate to their favorite sections and stay updated with relevant information that matters most to them.</p><p><strong>Newly Redesigned Quote Page</strong></p><p>The newly redesigned quote page offers a more intuitive and user-friendly layout, making it easier for users to access real-time market data and stock information. Enhanced features include detailed charts, key metrics, and comprehensive analysis, allowing users to quickly evaluate stock performance. The updated design also integrates news and insights related to specific stocks, providing a holistic view of the market and helping users make informed investment decisions.</p><p><strong>Comprehensive Portfolio Page</strong></p><p>The enhanced portfolio page provides users with a more comprehensive overview of their investments. It includes detailed performance metrics, real-time data, and insightful analytics to help users track their portfolio's progress effectively. Users can easily view asset allocation, gain/loss summaries, and relevant news updates for their holdings. This improved layout allows for better organization and management of investments, empowering users to make informed decisions based on their portfolio performance.</p><p>This redesign aims to provide top-notch tools and support comprehensive wealth management to effectively attract investors. Explore the new website now and enjoy an upgraded experience at <a href="http://hk.finance.yahoo.com">hk.finance.yahoo.com</a></p><p style="text-align: left;">To learn more about Yahoo Finance Invest or to view the summit content, please visit: <a href="https://hk.finance.yahoo.com/splash/yahooinvest2024">https://hk.finance.yahoo.com/splash/yahooinvest2024</a>‚</p><p><strong>About Yahoo</strong></p><p>Yahoo is a global media and tech company that connects people to their passions. We reach nearly 900 million people around the world, bringing them closer to what they love—from finance and sports, to shopping, gaming and news—with the trusted products, content and tech that fuel their day. For partners, we provide a full-stack platform for businesses to amplify growth and drive more meaningful connections across advertising, search and media. For more information, please visit: <a href="http://yahooinc.com">yahooinc.com</a>‚</p><p><strong>Media Inquiry</strong></p><p><strong>Strategic Public Relations Group</strong></p><table border="1" width="643" cellspacing="0" cellpadding="0"><tbody><tr><td valign="top" width="113"><p>Vincent Ip</p></td><td valign="top" width="274"><p>Tel: +852 2114-4341 / +852 5498-9705</p></td><td valign="top" width="255"><p>Email: vincent.ip@sprg.com.hk</p></td></tr><tr><td valign="top" width="113"><p>Andico Tsui</p></td><td valign="top" width="274"><p>Tel: +852 2114-4346 / +852 6902-3831</p></td><td valign="top" width="255"><p>Email: andico.tsui@sprg.com.hk</p></td></tr></tbody></table><BR /><BR /> Copyright 2024 ACN Newswire. All rights reserved. www.acnnewswire.com]]></description><link>https://www.acnnewswire.com/press-release/english/94014/</link><guid>https://www.acnnewswire.com/press-release/english/94014/</guid><category>Advertising, Digitalization</category><stock_tickers>LON:IBM, NYSE:IBM, FRA:IBM</stock_tickers><summary>The 2024 Yahoo Finance annual event, Yahoo Finance Invest, was grandly held on November 19, achieving a remarkable 1,500,000 online views. </summary><featuredimage>https://photos.acnnewswire.com/tr:n-650/20241120invest1.jpg</featuredimage></item></channel></rss>