HONG KONG, January 5, 2026 - (ACN Newswire via SeaPRwire.com) – As the “world’s first listed warehouse robotics company”, Geekplus (2590.HK) will embark on its first unlocking period after listing on January 9. The unlocking applies to cornerstone investors, while the lock-up period for existing shareholders will expire in July 2026. In response to the unlocking, cornerstone investors such as Xiongan Fund have expressed that they will not rush to reduce their holdings due to the unlocking and will continue to support the company’s long-term development. It is noteworthy that Geekplus recently relocated its headquarters to Xiong’an, deeply integrating into the robotics industry ecosystem of Xiong’an New Area and injecting strong momentum into the innovative development of the robotics industry. As Geekplus’s largest cornerstone investor, Zhang Le, general manager of Xiongan Fund, stated that the robotics industry is currently accelerating its intelligent transformation, with the global robotics sector entering a period of rapid development opportunities. Xiong’an New Area is actively positioning itself to develop the robotics industry, foster new quality productive forces, and strive to build itself into a hub of innovation and entrepreneurship for the new era.“Geekplus serves as a strategic anchor in the robotics industry layout of Xiong’an New Area, having not only built formidable technical barriers but also established a mature and replicable commercialization model, with its global market expansion achievements widely recognized. In alignment with long-term vision of building a robotics innovation hub in Xiong’an New Area, we remain highly confident in Geekplus’s growth prospects and long-term value. The unlocking does not alter our commitment to long-term holding. As a leading AI+ robotics enterprise, Geekplus is poised to play a pioneering role in the global industrial intelligent transformation and the wave of embodied intelligence, with its long-term value set to materialize alongside industrial evolution. We hold full confidence in this trajectory”. Imminent inclusion in the Southbound Trading is set to boost both market confidence and liquidityBeyond the confidence from cornerstone investors, capital market recognition of Geekplus continues to grow. On December 8, Geekplus was officially included as a constituent stock of the Hang Seng Composite Index, becoming one of only two robotics hardware companies in the Hong Kong stock market included in the index. Inclusion in the Hang Seng Composite Index signifies that the company meets higher market standards in terms of market capitalization and liquidity, which will help attract more passive funds and lead to a significant boost in liquidity. In addition, this also means that Geekplus will subsequently enter the Southbound Trading on February 6, attracting greater participation from Mainland China investors and further enhancing the company’s stock price and valuation. Industry analysis points out that the cornerstone investors’ clear commitment to not selling their shares has laid a solid foundation of confidence for a smooth transition through the unlocking period. This, combined with the positive expectation that the company is likely to be included in the Southbound Trading next month, creates a dual positive signal, jointly providing strong support for stabilizing the company’s stock price and valuation.Embodied Intelligence takes a major leap forward as general-purpose warehouse robots prepare to make their debutThe confidence expressed by the capital market is rooted in Geekplus’s persistent dedication to its core technologies and its forward-looking strategic initiatives. In terms of technological innovation, Geekplus has adopted a unique “scenario-first” approach, securing a first-mover advantage in the field of Embodied Intelligence for warehouse automation. In July 2025, Geekplus established a subsidiary dedicated to embodied intelligence, and launched a general robotic arm operation technology solution, the Geek+ Brain, an embodied intelligence base model designed specifically for warehousing scenarios, as well as an embodied intelligence unmanned picking workstation and the industry’s first fully unmanned picking robot solution, which successfully solved the challenge of accurate picking of ultra-large-scale product SKUs, propelling intelligent warehousing from “partial intelligence” toward “full-process intelligence”, while raising the standard and feasibility of fully unmanned warehouses to new heights.With the implementation of full-process unmanned picking, the company continues to intensify its investment in technological research and development. It is reported that the company’s self-developed general-purpose warehouse robots are expected to be officially launched in the near future.With high growth in performance and seven consecutive years as market leader, commercialization and globalization drive long-term valueThe company’s strong performance momentum, solid commercialization results, and leading global market position have also earned significant recognition from the capital market.In terms of performance, Geekplus demonstrates robust growth momentum and continues to maintain its position as the company with the “largest revenue scale and strongest profitability” in the Hong Kong-listed robotics sector, leading the ToB intelligent robotics field. In the first half of 2025, the company achieved revenue of RMB1.025 billion, representing a year-on-year increase of 31%. Revenue from overseas markets amounted to RMB815 million, accounting for nearly 80% of total revenue; gross profit grew by 43.1% year-on-year to RMB360 million, while adjusted EBITDA turned positive for the first time, and the net loss narrowed significantly by 94%, approaching a profitability inflection point. The company is poised to become one of the first profitable robotics companies listed in Hong Kong. Additionally, Geekplus secured new orders worth RMB1.76 billion in the first half of the year, up 30.1% year-on-year, including several orders exceeding RMB100 million, which strongly validates Geekplus’s clear path to profitability, along with the sustainability and high-growth potential of its business, positioning the company firmly on the fast track of commercialization.The impressive performance stems from the significant success of Geekplus’s global expansion strategy, as the company maintains its leading position in the global AMR market, fully unleashing its profit potential. According to data from the authoritative market research firm Interact Analysis in its 2025 Mobile Robot Market Report, Geekplus has ranked first in global market share for autonomous mobile robots (AMR) for seven consecutive years. The company operates in over 40 countries and regions worldwide. As of June 30, 2025, Geekplus has cumulatively delivered more than 66,000 robots and serves over 850 end customers, including more than 65 Forbes Global 500 companies, with a customer repurchase rate exceeding 80%. This indicates that the company’s products are gradually becoming core infrastructure within global supply chain systems. From an industry perspective, the global AMR solution market exhibits strong growth momentum. According to forecasts by CIC Consulting, the market is expected to expand at a compound annual growth rate of 33% from 2024 to 2029, with its scale projected to exceed RMB162 billion by 2029. At the same time, the penetration rate of AMR solution in warehouse automation has significantly increased to 20.2%, providing a solid foundation for Geekplus’s growth in the high-potential sector.In conclusion, Geekplus possesses a leading industry position, a mature business model, and an increasingly clear path to profitability, all supported by steadfast confidence from its cornerstone investors. With the continuous strengthening of its fundamentals and the sustained positive outlook of the industry, the certainty of its growth prospects is further reinforced. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Hong Kong Tech Exhibits Immense Potential at CES 2026 with 61 Tech Companies Ready for Global Markets, Largest-ever Hong Kong Tech Pavilion features 3 Innovation Award-winning game-changers showcasing immense potential to scale
Las Vegas, January 4, 2026 - (ACN Newswire via SeaPRwire.com) – Hong Kong Science and Technology Parks Corporation (HKSTP) and Hong Kong Trade Development Council (HKTDC) will join hands in spearheading the largest-ever Hong Kong Tech Pavilion to the annual Consumer Electronics Show (CES) in Las Vegas from January 6-9 (Tue-Fri). The showcase features 61 tech companies in a dynamic mix of early-stage and mature companies in AI, robotics, healthtech, and sustainability, to signify Hong Kong’s fast-rising technology advancements and the ability to empower innovators in and out of the city to scale imagination to global impact.Taking centre stage this year, Hong Kong Tech Pavilion stars with several CES Innovation Award winning solutions, as well as world-firsts, in a display of technology strength across the Eureka Park and Global Pavilion that includes companies less than five years old and more established ventures. Highlights include:Widemount Dynamics Tech: named Best of Innovation for Product in Support of Human Security for All, their Smart Firefighting Robot is designed to detect fires, navigate smoke-filled environments, provide real-time mapping, and determine the best extinguishing agent to minimize costs and risks for losses of life and asset.PointFit: honored under the Digital Health category, the PF-Sweat Patch is an ultra-thin wearable built with patented biomarkers tracking technology, it offers a non-invasive alternative with continuous monitoring of vitals and performance for athletes and wellbeing enthusiasts.Eieling Technology: honored under the Digital Health category, FattaLab® is the world’s first intelligence-driven compact fatty liver diagnostic device, delivering assessment results with medical-grade accuracy in just 30 seconds. The high level of convenience promotes early treatment to those who suffer from the disease, enabling immediate preventive care, and potentially boosts longevity.Happenings such as announcement, product launches and briefings, and conversations to business-match at the Pavilions are lining up. That includes an introduction of GumAI, a smart oral healthcare solution developed by Dentomi, sharing more on the “Dentist coming in handy” approach; a demonstration of how DRESIO puts forth its “AI Physiotherapy for Everyone” solution; the launch of “wuBiee & wuBiee wrap” that moftBODY integrates neuroscience into smart textile onto daily shapewear, and more awaits at the Pavilions. Click here for the full line-up at Hong Kong Tech Pavilion, and schedule your visit now.In addition, a Hong Kong Tech Networking Reception will be held on Day 2, welcoming all interested parties to engage in conversations of potential partnerships, and explore on business opportunities with Hong Kong tech companies. Registration is now open with details of the Reception as follows:Date: 7 January 2026Time: 5:30 – 7:30 pmVenue: Mercato Della Pescheria, The VenetianAppendix: List of 61 tech companies at Hong Kong Tech Pavilion, including 47 within the HKSTP ecosystem (in alphabetical order)No.Company NameBooth Location10x LimitedEureka Park2AIeveR Robotics LimitedGlobal Pavilion3Airoma AI LimitedEureka Park4AniMed Technology LimitedEureka Park5AP Infosense LimitedGlobal Pavilion6Aporion Technology LimitedEureka Park7BuyHive LimitedEureka Park8Cartesius Robotics LimitedGlobal Pavilion9Cresento LimitedEureka Park10Cyanse Smart Energy Tech LimitedGlobal Pavilion11Dealer Send Logistics LimitedGlobal Pavilion12Decennium Platforms LimitedEureka Park13Dentomi LimitedEureka Park14DRESIO LimitedGlobal Pavilion15Eieling Technology LimitedGlobal Pavilion16Entoptica LimitedEureka Park17Ezygreenpak LimitedGlobal Pavilion18Feelings Group LimitedEureka Park19Firefilm Group LimitedGlobal Pavilion20FreightAmigo Services LimitedGlobal Pavilion21Gembody LimitedEureka Park22Glassdio Scientific Company LimitedEureka Park23GoGoChart Technology LimitedGlobal Pavilion24Green Vigor LimitedEureka Park25Greenbulb Trading LimitedGlobal Pavilion26Hay-koze LimitedEureka Park27Haylo Tech LimitedEureka Park28HKSTP x ARROW HARDWARE LABGlobal Pavilion 29Hong Kong Aozhen Technology Co., LimitedGlobal Pavilion30iCombo Tech Company LimitedEureka Park31ImageVector MedTech LimitedEureka Park32Immune Materials LimitedEureka Park33Innobound LimitedEureka Park34Loongrise Avionics (HK) Co., LimitedGlobal Pavilion35Mangdang Technology Co., LimitedEureka Park36MedVision LimitedEureka Park37Meridian Innovation LimitedGlobal Pavilion 38MintMind LimitedGlobal Pavilion39Mirror Caring LimitedEureka Park40MMSTAR Technologies LimitedEureka Park41moftBODY LimitedEureka Park42Multiply Studio & Technologies LimitedEureka Park43Novautek Autonomous Driving LimitedGlobal Pavilion44Nuvatech LimitedEureka Park45On-Skin Wearable Technology LimitedEureka Park46Plasticvore Chain LimitedEureka Park47Point Fit Technology LimitedEureka Park48ReSaTech LimitedGlobal Pavilion49Robocore Technology LimitedGlobal Pavilion50Shannon & Turing Technology LimitedEureka Park51Solos Technology LimitedGlobal Pavilion52TG0 LimitedGlobal Pavilion53The Hong Kong Polytechnic UniversityGlobal Pavilion54UbiquiTech Innovations LimitedEureka Park55Vcare Vision Technology LimitedGlobal Pavilion56Vista Innotech LimitedGlobal Pavilion57Webuild Tech LimitedEureka Park58WeWealth Electronic Innotech LimitedGlobal Pavilion59Widemount Dynamics Tech LimitedEureka Park60Xeroptix Technology LimitedEureka Park61XOXO Beverages LimitedGlobal PavilionRemarks:The Hong Kong Tech Pavilion is located across Eureka Park (booth #63200, Hall G) and Global Pavilion (booth #50732, Hall A-D) at The Venetian Expo.About Hong Kong Science and Technology Parks CorporationHong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 12 unicorns, more than 16,000 research professionals and over 2,600 technology companies from 25 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc.Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined.Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more.Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues to contribute in establishing I&T as a pillar of growth for Hong Kong.More information about HKSTP is available at www.hkstp.org.About HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.Media Contact: Hong Kong Science and Technology Parks CorporationAngela LauTel: +852 6535 7611Email: angela.lau@hkstp.orgHKTDC – Communications & Public Affairs DepartmentWinnie KanTel: +852 2584 4055Email: winnie.wy.kan@hktdc.org Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Ev Dynamics Enters into Strategic Cooperation with Xinjiang Huiyi New Energy, Jointly Building an Efficient, Green and Intelligent New Energy Bulk Logistics Transportation System
HONG KONG, January 2, 2026 - (ACN Newswire via SeaPRwire.com) – Ev Dynamics (Holdings) Limited (the “Company”, stock code: 476.HK, together with its subsidiaries, the “Group”) is pleased to announce that Zhongtong Kinetic Energy (Hangzhou) Technology Co., Ltd. (“Zhongtong Kinetic Energy” or the “Company”), the Group’s China operating headquarters platform, has entered into a Strategic Cooperation Framework Agreement with Xinjiang Huiyi New Energy Co., Ltd.(“Xinjiang Huiyi New Energy”), a subsidiary of SANY Group recently. Leveraging their respective complementary strengths and resources in their respective fields, both parties will establish a long-term strategic partnership to jointly develop and build an efficient, green and intelligent new energy bulk logistics transportation system. Following consultations, the cooperation will be carried out on a deep and long-term basis across multiple dimensions, including business resource sharing, new energy vehicle procurement, joint operations management, construction and investment in charging and battery swapping infrastructure, and intelligent vehicle management and operations systems.According to the framework agreement, the two parties will, within their respective business domains—such as demand for new energy transport vehicles, operation of new energy transportation equipment, and investment and construction of battery swapping infrastructure—achieve information exchange and resource sharing, jointly explore market opportunities, share tendering information, and give priority to selecting each other as joint investors or subcontractors. The specific allocation of rights, responsibilities and benefits shall be agreed separately.The two parties will also cooperate in new energy vehicle procurement and joint operations management. For example, Xinjiang Huiyi New Energy will ensure the provision of market-competitive pricing structures and technical assurance solutions, while Zhongtong Kinetic Energy, under the same conditions, will give priority to procuring new energy transportation vehicles (such as electric heavy trucks and construction machinery) from SANY Group, the parent company of Xinjiang Huiyi New Energy. Xinjiang Huiyi New Energy will provide Zhongtong Kinetic Energy with end-to-end technical support for the relevant vehicle equipment, covering the entire process from model selection and configuration, delivery and acceptance, to maintenance and upgrades, and will share SANY Group’s after-sales service network resources in Northwest China. Zhongtong Kinetic Energy commits to giving priority to Xinjiang Huiyi New Energy as a joint operations partner, under which Xinjiang Huiyi New Energy will carry out professionalised operational management of the vehicle equipment. In addition, the two parties will jointly assess the charging and battery swapping station construction requirements in Hami, Xinjiang and surrounding areas, and Xinjiang Huiyi New Energy will open its existing charging and battery swapping resources to provide energy replenishment services for the Company’s project equipment.Mr. Zeng Yan, Chief Executive Officer of the Group, said: “We are very pleased to establish this strategic partnership with Xinjiang Huiyi New Energy, a subsidiary of SANY Group. This cooperation represents strong recognition of our business upgrade and of the Group’s ongoing efforts to build and deliver a comprehensive green mobility ecosystem that integrates vehicle procurement, operations management, charging and battery swapping services, and route-based carbon emission management. As we precisely position ourselves within the national strategic logistics corridor of ‘Xinjiang Coal Outbound Transport’, the Group’s electric heavy truck solutions, as a disruptive innovation tailored to this specific scenario, are transforming our previous one-off vehicle sales model into a recurring revenue structure centred on ‘vehicle operations and energy services’. We believe that this cooperation will further support the Group’s future expansion in Xinjiang-related regions by deepening the deployment of the ‘Transport as a Service’ (TaaS) model—a green transportation service model charged by mileage or ton-kilometer, under which customers can enjoy zero-emission transportation without bearing high upfront vehicle purchase costs or technological risks—thereby unlocking sustainable logistics solution opportunities.”He added: “In addition, the Group has previously entered into three legally binding long-term operational agreements with subsidiaries of a state-owned enterprise for the supply and operation of electric vehicles for coal transportation. We believe that this strategic cooperation with Xinjiang Huiyi New Energy will further strengthen the foundation for us to provide greener and more efficient bulk logistics transportation systems to existing customers and other potential customers going forward.”About Sany Group and Xinjiang Huiyi New Energy Co., LtdSany Group is a global leading manufacturer of construction machinery, with business segments covering concrete machinery, excavation machinery, hoisting machinery, road construction machinery, piling machinery, wind power equipment, port machinery, petroleum equipment, coal mining equipment and others. Its listed subsidiaries includes Sany Heavy Industry (600031.SH), Sany International (00631.HK), and Sany Renewable Energy (688349.SH).Xinjiang Huiyi New Energy Co., Ltd. is a controlling subsidiary of Sany Group, focusing on the operation of new energy commercial vehicles and charging–swapping stations. The company is located in Naomahu Town, Yiwu County, Hami City, Xinjiang. It is the first large-scale logistics enterprise in Hami City that integrates new energy electric tractors with intelligent, unmanned charging and battery-swapping stations.About Ev Dynamics (Holdings) LimitedGuided by its mission to ‘revolutionise transportation’, Ev Dynamics is evolving from a pioneer in the global new energy commercial vehicle market into an integrated solution provider of ‘new energy transport vehicles + energy infrastructure’. The Group has supported electrification across multiple countries and cities worldwide. In addition to the development and production of electric vehicles, including electric buses and purpose-built electric vehicles, the Group has expanded into integrated e-Mobility Solutions, offering in the PRC a comprehensive ecosystem that combines vehicle supply, operations, and value-added services such as charging infrastructure deployment.For more information, please visit: https://evdynamics.com/zh-hant/Media EnquiriesLBS Communications Consulting LimitedJoanne Chan)(852) 3679 3671jchan@lbs-comm.comJason Ho) jho@lbs-comm.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
EB5 United Surpasses 700+ I-526E Approvals, Reinforcing Leadership in Rural EB-5 post-RIA
MIAMI, FL, Jan 1, 2026 - (ACN Newswire via SeaPRwire.com) - EB5 United is pleased to announce that it has surpassed 700 I-526E approvals under Rural Priority Processing, marking one of the strongest post-RIA performance records in the EB-5 industry. This milestone comes less than three months after the company announced surpassing 600 approvals on August 27, 2025, further underscoring both its leadership in Rural EB-5 Projects and the effectiveness of USCIS Priority Processing introduced under the EB-5 Reform and Integrity Act (RIA) of 2022.Since 2022, EB5 United has sponsored three Rural TEA EB-5 Projects and one post-RIA Urban High Unemployment Area (HUA) Project. USCIS adjudication results clearly demonstrate the processing advantages available to investors in the Rural category. From 2022-2025, the company recorded 72 approvals in Rural Project 1 with an average processing time of 9.7 months (shortest approval: 2.8 months); 409 approvals in Rural Project 2 averaging 8 months (shortest approval: 2.7 months); and 224 approvals in Rural Project 3 averaging 11.9 months (shortest approval: 1 month). In contrast, the Urban HUA Project has received only six approvals to date, averaging 28.6 months.USCIS petition approval speed has accelerated significantly in 2025. Most of EB5 United's approvals this year have been issued in under five months, and several investors who filed in August 2025 received their approvals in under 90 days! Of all Rural I-526E petitions adjudicated across EB5 United's platform since the RIA of 2022, 76.88% have been approved within 12 months."The current processing times that we are seeing in rural projects with priority processing are incredible and unprecedented. Over 13 years in the industry, I have never seen adjudication times for I-526 or I-526E Petitions average less than 2 years, let alone 5 months. It is great to see the EB-5 program as a clear priority to USCIS today," said Brennan Sim, Global Sales, EB5 United.About EB-5 ProgramThe EB-5 Immigrant Investor Program was created in 1990 to attract foreign investment to stimulate economic growth through job creation in the United States. The program allows foreign nationals to make a qualifying investment into a new or existing U.S. commercial enterprise that creates 10 U.S. jobs to obtain a Green Card. EB-5 Investors and their families gain Permanent Residency to live and work anywhere in the United States. One EB-5 investment allows the main applicant, spouse, and any unwed children under the age of 21 to all obtain Green Cards.About EB5 UnitedEB5 United is a General Partner & Fiduciary to EB-5 Investors. Since 2011,EB5 United has helped 2,000+ investors obtain 3,000+ Green Cards for family members. They work with industry leading networks and attorneys to ensure their investors receive the best treatment possible from a Source of Funds perspective.Contact+1 424 265 9778contact@eb5united.comSOURCE: EB5United Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Iluvatar CoreX’s Hong Kong IPO: Hardcore Breakthrough Battle of China’s General-Purpose GPU ‘Leader’
HONG KONG, December 31, 2025 - (ACN Newswire via SeaPRwire.com) – As AI computing power becomes the core battleground in global technological competition, China's homegrown general-purpose GPU is poised for a pivotal leap in the capital markets. On December 30, Shanghai Iluvatar CoreX Semiconductor Co., Ltd. ("Iluvatar CoreX", stock code: 9903.HK), the domestic leader in the general-purpose GPU sector, commenced its Hong Kong IPO. The company intends to offer 25.43 million shares globally at an offer price of HK$144.6 per share, with each lot comprising 100 H shares. It is expected to list on the Hong Kong Stock Exchange on January 8.Amidst an industry climate characterised by capital enthusiasm and concept-driven momentum, Iluvatar CoreX has focused on refining its products and pursuing genuine commercialisation. Leveraging its deep technological expertise and robust commercial capabilities, it has quietly emerged as a leader in China's general-purpose GPU sector, setting multiple industry milestones: China's first company to achieve mass production of inference general-purpose GPU chips, and the first to mass-produce training general-purpose GPU chips, while also being the first Chinese enterprise to reach this milestone using advanced 7nm process technology.Four Generations of Architecture Iteration, Defining the "User-Friendly" Domestic General-Purpose GPUIluvatar CoreX's competitive advantage rests upon two cornerstones: "complete autonomy" and "deep iteration".Since commencing general-purpose GPU design in 2018, the company has steadfastly adhered to its R&D strategy of "one in mass production, one in design, and one in pre-research", dedicating substantial resources to tackling core technological challenges. As of June 30, 2025, Iluvatar CoreX has established an R&D team exceeding 480 professionals, with over one-third possessing more than ten years' experience in chip design and software development. This forms a robust foundation for continuous product iteration and enhancement.In its technical approach, Iluvatar CoreX has eschewed "partial substitution" or "assembly-style" solutions. Instead, centering on the core capabilities of general-purpose GPU and the fundamental philosophy of hardware-software co-design, it has achieved full-stack in-house development, from underlying instruction sets and chip architectures to foundational software stacks. This has fostered a highly synergistic technological ecosystem, endowing it with the flexible adaptation capability of "software-defined hardware". This ensures its products deliver performance optimisation while maintaining flexibility and compatibility required for complex AI deployments.Through continuous technological advancement, Iluvatar CoreX has completed three generations of general-purpose GPU architecture iterations, persistently driving hardware design and software performance optimisation. This positions it as China's enterprise with the most frequent and profound iterations in the general-purpose GPU sector. Such deep iteration not only delivers sustained performance gains but also achieves high compatibility with global mainstream general-purpose GPU programming ecosystems and platforms. For customers, this means minimal code modification when migrating existing AI applications to Iluvatar CoreX’s platform, offering an almost "out-of-the-box" experience that substantially lowers migration barriers and risks. This relentless pursuit of ecosystem compatibility and customer experience forms the bedrock of its commercial success.Full-Scene Penetration: Capturing Market Share in Domestic SubstitutionLeveraging these architectural advantages, Iluvatar CoreX has progressively established a market perception of being "user-friendly, durable, and sustainable", securing a first-mover advantage in its commercialisation drive. Since launching the Tiange Gen 1 in March 2021, the company has successfully brought three generations of architecture into mass production. Its products and solutions have rapidly penetrated critical sectors, including financial services, healthcare, and transportation, achieving over 900 deployments and applications that demonstrate exceptional scenario adaptability.Concurrently, adhering to the industry philosophy of "cooperation over competition", Iluvatar CoreX collaborates with peers, universities, and research institutions to jointly build a domestic computing power ecosystem. This approach avoids homogenisation and internal friction while collectively advancing market acceptance of domestic general-purpose GPU, accelerating industry penetration of its products.Data indicates that Iluvatar CoreX's general-purpose GPU products shipment volume has grown steadily from 7,800 units in 2022 to 16,800 units in 2024, reaching 15,700 units in the first half of 2025. This sustained increase in market penetration fully validates the market recognition and competitiveness of its products. As of June 30, 2025, the company has delivered over 52,000 units of general-purpose GPU products to more than 290 clients across diverse industries, securing a leading position within the domestic sector in terms of both industry coverage and application breadth.According to Frost & Sullivan, China's general-purpose GPU market is experiencing explosive growth, with shipments achieving a compound annual growth rate (CAGR) of 72.8% from 2022 to 2024, reaching 1.6 million units in 2024. As the domestic substitution process accelerates, the market share of domestic general-purpose GPU products has risen from 8.3% in 2022 to 17.4% in 2024, and is projected to exceed 50% by 2029. As a rare target in the domestic general-purpose GPU sector, Iluvatar CoreX benefits from the national strategy of self-reliant computing power substitution, coupled with the industry dividend from the global surge in computing demand, presenting a clear growth trajectory.The decision to launch its IPO in Hong Kong is a strategic move by Iluvatar CoreX to connect with global capital and advance into the international market, further underscoring its long-term vision as the "first domestic player" in the general-purpose GPU arena. Compared to the A-share market, the Hong Kong stock exchange, as an international capital market, not only offers a more accommodating valuation environment for semiconductor companies with substantial R&D expenditure and extended growth cycles but also facilitates access to global industrial chain resources, laying the groundwork for future international expansion.The company's products have already established a differentiated competitive advantage in the domestic market. In the future, leveraging the international platform of the Hong Kong stock market, it is well-positioned to introduce its self-developed general-purpose GPU products to the global market and capture a greater share in the ongoing restructuring of the worldwide computing power landscape. For investors, this IPO presents a rare opportunity to position themselves within China's high-end computing power sector. With capital empowerment and technological iteration, Iluvatar CoreX will continue to write a new chapter in the development of China's general-purpose GPU industry. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Radisson Reflects on a Successful 2025 and Provides 2026 Outlook
Rouyn-Noranda, Quebec, Dec 30, 2025 - (ACN Newswire via SeaPRwire.com) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQX: RMRDF) ("Radisson" or the "Company") achieved significant progress during 2025 in the exploration and development of its 100%-owned O'Brien Gold Project ("O'Brien" or the "Project") located in the Abitibi region of Québec. The 2026 work program will build upon this success, with the largest ever drill program at O'Brien funded from the Company's largest ever treasury.2025 Milestones957 days of continuous site operations without a lost time incident;Completion of approximately 35,000 metres of drilling with deep step-out holes and directional wedges delineating significant high-grade gold mineralization over a broad area beneath the historic O'Brien gold mine and existing mineral resources (Figure 1);Of the 68 step-out holes and wedges completed, assayed and reported, 56 intersected new gold mineralization with grades and thicknesses consistent with the Project's Mineral Resource Estimate (Table 1), an impressive 82% success rate;A comprehensive metallurgical study demonstrating recoveries of between 86% and 96% based on flow sheet options developed in a milling assessment completed on the nearby Doyon mill under the auspices of a Memorandum of Understanding with IAMGOLD Inc1;A "snap-shot" Preliminary Economic Assessment ("PEA") demonstrating a high-value, low-cost project based on the current mineral resources and use of off-site facilities for processing and tailings management, maximising value and minimising environmental impact;Completion of C$37 million in equity financings to long-term investors. Radisson expects to end 2025 with a treasury (cash and cash equivalents) of approximately C$32 million (unaudited), fully funding of the Company's 2026 work programs.Matt Manson, President and CEO: "Starting in late 2024, we elected to pursue a more aggressive exploration strategy at O'Brien based on the thesis that a significantly larger mineral resource might exist at the Project should its mineralizing system, previously delineated only at shallower levels, continue to depth. Over the last twelve months we have seen consistent success with large step-out drill holes beneath both the existing mineral resources and the historic mine. At the start of this program we drilled OB-24-337, the first ever hole below the final stope of the old mine since mining ended in 1957. This returned 31.24 grams per tonne ("g/t") gold ("Au") over 8.0 metres (including 242.0 g/t Au over 1.0 metre) at 1,500 metres vertical depth. From this single pilot hole, operating continuously for more than 12 months, we have now completed 15 wedges and published results for 11, delineating a system of high-grade mineralization in multiple veins over a broad area. This achievement has delivered outstanding value to the Company and owes much to the skill of the Radisson exploration team and our drill contractor Akakodjici / RJLL, a joint venture between RJLL Drilling of Rouyn-Noranda, Québec and Longpoint First Nation. Overall, the 82% success rate of intersecting mineralization with grades and thicknesses consistent with the Project's mineral resources is a significant achievement for a step-out drill program designed to target open areas with no previous drilling. Currently, an additional 18 drill holes from the 2025 program are "in-progress" of logging, sample preparation or assaying, and awaiting publication."Matt Manson continued: "The PEA released in 2025 demonstrated the attributes of a high value project with a low capex and modest footprint based on the use of existing offsite facilities for processing, of which there are several in the Abitibi region. In 2026, we will continue to refine the Project's development path, with on-going engineering studies, environmental baseline work, community dialog, and engagement with potential processing partners; however, the 2025 PEA was only a "snap-shot" of a project that is continuing to grow. The focus of our work in 2026 and into 2027 will be the ongoing step-out drill program, which has now been expanded to 140,000 metres with eight rigs, fully funded from our strong treasury."Figure 1: Deep step-out drill holes completed and/or published by the Company since December 2024. Drill holes "in-progress" and awaiting final assay results and publication are shown as red traces.To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/10977/279191_c88cea96641e4b8a_001full.jpg2026 Work ProgramThe following 2026 work program has been approved by the Company's Board of Directors:72,500 metres of drilling focussed on new areas of potential gold mineralization. The objective of the program will be step-outs to increase the quantity of mineral resources rather than in-filling to upgrade the classification of an existing mineral resource. With a forecast of 35,000 metres of step-out drilling completed in 2025, a further 32,500 metres will be scheduled for 2027 to complete the 140,000-metre program. All-in drill costs are budgeted at C21 million, or approximately C$290 per metre depending on the average depth of drilling;Up to eight rigs will be deployed with pilot holes and directional wedges. Targets will include the extension of mineralization up to 2 kilometres vertical depth at O'Brien Mine East and beneath resource Trend #s 1 and 2 (see Figure 1). The apparent "gap" area between Trends 1 and 2, attributed primarily to lack of drill density versus lack of mineralization, will be tested, as well as the Thompson-Cadillac area west of the O'Brien mine, which will be drilled for the first time since 2021. Drilling is also planned in the gap area between O'Brien Mine West and East, and below Trends #3 and #4. Program objectives will be reassessed progressively based on results obtained;Progressive updates to the Project's Mineral Resource Estimate as the step-out drill program proceeds;Commencement of assaying by PhotonAssay method with 50-gram fire assay verification replacing Radisson's current two-stage fire assay/screen metallic procedure, designed to better capture whole-rock, coarse gold content and improve assay turnaround time;A program of mine plan optimization and design sensitivity analysis to be undertaken in conjunction with the ongoing drilling and development of the Project's geological and mineral resource models. This work will be conducted by Evomine and will include an assessment of the viability of incorporating existing O'Brien mine infrastructure, such as its 1,000-metre shaft, into a future mine development plan;Ongoing grassroots exploration on Radisson's New Alger property with prospecting and surface geochemistry, and an assessment of the prospectivity of gold mineralization in the Cadillac Sediments located north of the Larder Lake-Cadillac Break and the O'Brien Mine;A comprehensive environmental baseline study focussed on the Project site's biophysical attributes such as water, flora and fauna, to complement existing baseline data on air quality, vibration and noise;Ongoing engagement and dialog focussed on deepening the Company's relationships with communities located within the area of expected economic and social influence of the Project, including the township of Cadillac and the First Nations communities of Pikogan FN (Abitibiwinni) and Long Point FN (Anishinabeg).12-Month Record of Drill Results at the O'Brien Gold ProjectSince the end of 2024, Radisson has published results from 68 drill holes completed as part of the ongoing step-out drill program (Table 1). These are drill holes targeting new areas of mineralization, and as such are distinguished from "in-fill" type drill holes which seek to upgrade areas of known mineralization. Most of these step-out drill holes have intersected gold mineralization in O'Brien's characteristic quartz-sulphide-gold veins within alteration zones, and 56 have intercepts averaging greater than 3 g/t Au (expressed as core length, with minimum sample widths of typically 1.0 to 1.5 metres). Such intercepts are consistent in grade and thickness with the Project's current Mineral Resource Estimate, and Radisson considers them to have the potential to contribute meaningfully to future mineral resources. This is an 82% success rate, which reflects the scope of the O'Brien mineralizing system. At time of writing, an additional 18 drill holes from the 2025 program are "in-progress" of logging, sample preparation or assaying, and awaiting publication.Table 1: Drill Results Published for the O'Brien Gold Project since December 2024Date of PublicationTotal Number of Drill HolesDrill Holes with Intercepts >+3g/tSuccess Rate (%)28th October 2025151387%8th September, 2025151387%16th July 2025141179%2nd April 202533100%26th February 2025201575%16th December 202411100%Total685682% Grant of Equity IncentivesPursuant to the Company's annual short term incentive compensation plan, the Board of Directors has authorized the grant of an aggregate 246,875 Restricted Stock Units to certain officers of the Company vesting on the first anniversary of the date of grant, in accordance with the Company's Omnibus Equity Incentive Plan.QP DisclosureDisclosure of a scientific or technical nature in this news release was prepared under the supervision of Mr. Richard Nieminen, P.Geo, (QC), a geological consultant for Radisson and a Qualified Person for purposes of NI 43-101. Mr. Luke Evans, M.Sc., P.Eng., ing, of SLR Consulting (Canada) Ltd., is the Qualified Person responsible for the preparation of the MRE at O'Brien. Each of Mr. Nieminen and Mr. Evans is independent of Radisson and the O'Brien Gold Project.About Radisson MiningRadisson is a gold exploration company focused on its 100%-owned O'Brien Gold Project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. A July 2025 Preliminary Economic Assessment described a low-cost and high-value project with an 11-year mine life and significant upside potential based on the use of existing regional infrastructure. Indicated Mineral Resources are estimated at 0.58 million ounces (2.20 million tonnes at 8.2 g/t Au), with additional Inferred Mineral Resources estimated at 0.93 million ounces (6.67 million tonnes at 4.4 g/t Au). Please see the NI 43-101 "O'Brien Gold Project Technical Report and Preliminary Economic Assessment, Québec, Canada" effective June 27, 2025, and other filings made with Canadian securities regulatory authorities available at www.sedarplus.ca for further details and assumptions relating to the O'Brien Gold Project. For more information on Radisson, visit our website at www.radissonmining.com or contact:Matt MansonPresident and CEO416.618.5885mmanson@radissonmining.comKristina PillonManager, Investor Relations604.908.1695kpillon@radissonmining.comForward-Looking StatementsThis news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Forward-looking statements including, but are not limited to, statements with respect to the ability to execute the Company's plans relating to the O'Brien Gold Project as set out in the Preliminary Economic Assessment; the Company's ability to complete its planned exploration and development programs; the absence of adverse conditions at the O'Brien Gold Project; the absence of unforeseen operational delays; the absence of material delays in obtaining necessary permits; the price of gold remaining at levels that render the O'Brien Gold Project profitable; the Company's ability to continue raising necessary capital to finance its operations; the ability to realize on the mineral resource and mineral reserve estimates; assumptions regarding present and future business strategies; local and global geopolitical and economic conditions and the environment in which the Company operates and will operate in the future; planned and ongoing drilling; the significance of drill results; the ability to continue drilling; the impact of drilling on the definition of any resource; and the ability to incorporate new drilling in an updated technical report and resource modelling; the Company's ability to grow the O'Brien Gold Project; and the ability to convert inferred mineral resources to indicated mineral resources.Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements Forward-looking information is based on estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others; the risk that the O'Brien Gold Project will never reach the production stage (including due to a lack of financing); the Company's capital requirements and access to funding; changes in legislation, regulations and accounting standards to which the Company is subject, including environmental, health and safety standards, and the impact of such legislation, regulations and standards on the Company's activities; price volatility and availability of commodities; instability in the global financial system; the effects of high inflation, such as higher commodity prices; the risk of any future litigation against the Company; changes in project parameters and/or economic assessments as plans continue to be refined; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; risks relating to the drill results at O'Brien; the significance of drill results; and the ability of drill results to accurately predict mineralization. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company believes that this forward-looking information is based on reasonable assumptions, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. These statements speak only as of the date of this news release.Please refer to the "Risks and Uncertainties Related to Exploration" and the "Risks Related to Financing and Development" sections of the Company's Management's Discussion and Analysis dated April 29, 2025 for the year ended December 31, 2024, and the Company's Management's Discussion and Analysis dated November 26, 2025 for the three month period ended September 30, 2025, all of which are available electronically on SEDAR+ at www.sedarplus.ca. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.1 The Memorandum of Understanding is non-binding and non-exclusive and contains no specific terms around potential commercial arrangements between the parties. The O'Brien PEA has been completed independently by Radisson and establishes criteria for the development of O'Brien based on processing and tailings management at an off-site facility under a toll milling arrangement.Source: Radisson Mining Resources Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
CBL International Facilitates Xiaomo Port’s First LNG Bunkering for BYD in Shenzhen
KUALA LUMPUR, December 30, 2025 - (ACN Newswire via SeaPRwire.com) – December 30, 2025, CBL International Limited (NASDAQ: BANL), the listed entity of Banle Group, today announced that it has completed Xiaomo Port’s first-ever LNG bunkering operation, serving BYD in Shenzhen through a physical supplier, supporting BYD’s maritime decarbonization. The service was facilitated in collaboration with China National Offshore Oil Corporation (“CNOOC”), which supported this inaugural bunkering at the port.This milestone strategically diversifies CBL’s revenue streams and expands its sustainable fuel offerings beyond its existing biofuels portfolio. Against the backdrop of the global shipping industry accelerating decarbonization, LNG serves as a mainstream marine clean energy source, capable of significantly reducing greenhouse gas emissions by approximately 20% - with near-zero emissions of sulfur oxides and particulate matter- and lowering fuel costs by approximately 25%-30%. This initiative supports the maritime industry's transition toward cleaner energy solutions in line with regulations such as FuelEU Maritime and IMO 2030/2050 targets.“This is a strategic step in our journey to become a comprehensive marine energy services partner,” said Dr. Teck Lim Chia, Chairman and CEO of CBL International. “We are grateful to BYD and CNOOC for their trust and collaboration.”CBL International is a trusted bunkering services facilitator, serving nine of the world’s top twelve container liner companies. The company's expertise in coordinating complex fuel logistics transactions underscores its value proposition as a specialized service partner in the evolving maritime energy landscape.Photo Caption: CBL International Facilitates Xiaomo Port's First LNG Bunkering for BYD in Shenzhen.About the Banle GroupCBL International Limited (Nasdaq: BANL) is the listing vehicle of Banle Group, a reputable marine fuel logistics company based in the Asia Pacific region that was established in 2015. We are committed to providing customers with a one-stop solution for vessel refueling, which is referred to as bunkering facilitator in the bunkering industry. We facilitate vessel refueling mainly through local physical suppliers in 65 major ports covering Belgium, China, Hong Kong, India, Japan, Korea, Malaysia, Mauritius, Panama, the Philippines, Singapore, Taiwan, Thailand, Turkey and Vietnam. The Group actively promotes the use of sustainable fuels and has been awarded the ISCC EU and ISCC Plus certifications, as well as EcoVadis Silver Medal.For more information about our Company, please visit our website at: https://www.banle-intl.com. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
USAS Building System Listed on the Hong Kong Stock Exchange: A Top-Three Industrial Prefabricated Steel Structure Solution Provider Enters a New Phase in the Capital Markets
HONG KONG, December 30, 2025 - (ACN Newswire via SeaPRwire.com) – On 30 December, USAS Building System (Shanghai) Co., Ltd. (the “Company” or “USAS”) was officially listed on the Main Board of The Stock Exchange of Hong Kong Limited, marking the completion of an important step in the Company’s entry into the international capital markets and the commencement of a new development phase as a publicly listed company accessible to public investors.The successful listing represents not only a key milestone in the development history of USAS, but also brings the industrial prefabricated steel structure segment—long serving the manufacturing sector—into clearer view of the capital markets through a more representative business profile.As a prefabricated steel structure building solution provider focused on the industrial sector, USAS addresses the construction needs of manufacturing plants and industrial projects by offering integrated subcontracting services covering design optimisation, procurement, manufacturing and on-site installation. According to the Frost & Sullivan Report, by revenue in 2024, the Company ranked third in China’s industrial prefabricated steel structure building market.A Stable Operating Scale Provides a Foundation After ListingFrom an operating perspective, USAS has established a relatively stable business scale. As disclosed in the prospectus, from 2022 to 2024, the Company recorded revenue of approximately RMB1,903 million, RMB1,453 million and RMB1,523 million, respectively, maintaining an overall scale at the level of over RMB1 billion. Among these, prefabricated steel structure building subcontracting services have consistently been the core source of revenue. In 2024, revenue from this business amounted to approximately RMB1,241 million, accounting for 81.5% of total revenue, demonstrating the Company’s high level of focus on its core industrial prefabricated steel structure business.Against the backdrop of pronounced project-based business characteristics, the Company’s profitability structure has also remained relatively stable. From 2022 to 2024, USAS recorded overall gross profit margins of 12.7%, 14.8% and 12.5%, respectively, while the gross profit margin of the core subcontracting business remained within the 13%–15% range over the long term, reflecting a relatively mature operating system in project management, cost control and delivery capability. At the same time, the prospectus shows that the Company’s operating cash flow performance has remained stable, with sound liquidity, providing the necessary financial support for the continued advancement of its business and the execution of projects.Clear Long-Term Logic for Industrial Buildings, with Overseas Business as an Incremental SupplementFrom an industry perspective, industrial prefabricated steel structure buildings primarily serve manufacturing plants and industrial projects, and their demand is highly correlated with the manufacturing investment cycle. As manufacturing develops toward higher-end, larger-scale and more intensive operations, industrial projects increasingly require higher construction efficiency, structural safety and system integration capabilities, giving prefabricated steel structures a clear industrial rationale for application in industrial buildings.While continuing to deepen its presence in the domestic industrial market, USAS has also gradually expanded its related overseas business. The prospectus discloses that revenue from the Company’s industrial environmental equipment business is mainly derived from overseas markets. Revenue from this segment increased from approximately RMB31.82 million in 2022 to approximately RMB100 million in 2024, with the gross profit margin rising to 18.9% over the same period. The relevant business has covered multiple overseas markets and has obtained certifications in China, the United States, Europe and Canada, laying a foundation for the Company’s cross-regional project execution and overseas expansion.Using the Hong Kong Listing as a New Starting Point to Advance Long-Term Industrial Building DeploymentFollowing the completion of its listing on the Hong Kong Stock Exchange, USAS has formally entered the public capital market system. In line with the development directions disclosed in the prospectus, the Company will continue to deepen its presence in the industrial building sector in the future. While consolidating its core prefabricated steel structure business, the Company will promote synergies among different business segments and steadily advance its overseas market expansion.Against the backdrop of manufacturing investment cycles, industrial building upgrades and the gradual release of overseas demand, USAS has built a verifiable business foundation through years of project accumulation, a stable revenue scale and a gradually taking-shape overseas footprint. With the listing platform now in place, the Company’s operational capabilities and development path in the industrial prefabricated steel structure segment are expected to continue advancing under conditions of higher transparency and broader market participation. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Autonomous Driving Enters the Core Value Realization Phase: What Anchors CIDI’s Valuation?
HONG KONG, December 29, 2025 - (ACN Newswire via SeaPRwire.com) – The global autonomous driving industry is transitioning from a phase of rapid technological advancement to one of commercial model implementation. Unlike the large-scale open-road trials dominated by technological narratives, CiDi Inc. ("CiDi" or "the Company"), with its full-stack technology as the core pillar, has achieved scaled commercial deployment, establishing itself as one of the most representative benchmark enterprises in this field.More significantly, this proven capability is now underpinning its expansion into additional closed environments and overseas markets, offering investors a more enduring and certain growth trajectory. On December 11, CiDi formally commenced its IPO process, with a Hong Kong listing imminent.Hardcore Intelligent Driving System: Building Efficiency Moats in Closed EnvironmentsAutonomous driving in closed environments, while seemingly straightforward, demands stability, cost-effectiveness, and scalability under high-intensity operations, complex road conditions and multi-vehicle coordination. Through its full-stack technology framework, CiDi achieves a balance between "safety" and "efficiency", establishing a formidable competitive moat that is difficult to replicate.At the vehicle level, CiDi possesses full-process capabilities encompassing proprietary algorithms, perception systems, path planning and control modules. Through OEM collaborations, it achieves deep integration between vehicles and systems, enhancing control precision and scenario adaptability. This enables its vehicles to maintain superior stability under typical mining conditions such as extreme temperature variations, complex terrain, and multiple gradients.Its self-developed centralised dispatch platform and fleet coordination module form the system's "intelligent brain". This system enables comprehensive optimisation and intelligent scheduling of the entire mining operation workflow, ensuring efficient collaborative operations across mixed fleets. This maximises equipment utilisation while minimising empty runs and idle waiting times.It is precisely this complete technological closed loop, spanning fundamental vehicle control, intermediate coordination algorithms, and upper-tier central platform scheduling, that elevates individual vehicle autonomous capabilities into a scalable, holistically optimised intelligent transport system.This not only underpins the safe and efficient operation of the world's largest “mixed-operation mining truck fleet” but also delivers a hard-core performance metric where “autonomous driving efficiency surpasses manual operation”. This establishes a formidable moat, translating technological superiority into tangible customer value through intrinsic safety, cost reduction, and enhanced efficiency.Dual-Drive Business Model Unlocks New Pathways for Commercial MonetizationLeveraging its proven technological efficacy, CiDi has established a dual-engine business model driven by "Autonomous Driving Solutions" and "V2X (Vehicle-to- Everything) Technology," supported by intelligent perception services. This model ingeniously converts technological advantages into repeatable orders and customer loyalty.On one front, CiDi equips fleets with standalone autonomous driving kits through its driver-less mining truck solutions, enabling “mixed operations” where unmanned and manned vehicles operate concurrently. This model significantly lowers the initial capital barriers and operational risks for mining enterprises undertaking intelligent upgrades, facilitating a smooth and pragmatic technology adoption pathway. As of the Latest Practicable Date, the Company had delivered 56 autonomous mining trucks to a mining site, operating alongside approximately 500 manned trucks to form the world's largest mixed-operation mining fleet.Enhanced efficiency directly translates into customer return on investment, driving scalable product sales. As of 30 June 2025, the Company has delivered 414 autonomous mining trucks and/or standalone autonomous truck systems to customers, while securing indicative orders for additional 647 units/systems.Through large-scale commercial deployment, CiDi has established its position as a global leader in autonomous driving for closed environments. Based on 2024 revenue, the Company ranks among the top three in China's autonomous mining truck solutions market. Furthermore, as a benchmark enterprise pursuing a Hong Kong Stock Exchange listing under the "Specialist Technology" category, its status itself signifies capital markets' strong recognition of its leading position in the autonomous driving sector.Growth Potential: From Mining Sites to Enclosed Parks, From China to the WorldBuilding upon its consolidated and expanded mining strengths and leveraging its proven technological framework and operational expertise in closed environments, CiDi is progressively expanding into broader markets, unlocking significant growth potential.Currently, its autonomous logistics vehicle solutions have been deployed within enclosed industrial parks, delivering core functionalities akin to its mining solutions while adapting to specific logistics demands such as cargo handling, complex navigation, and mixed pedestrian traffic. Its V2X technology may also play a distinctive role in future vehicle-road cooperative intelligent transport networks.Vertically, CiDi is accelerating its international expansion, exporting products and services to high-demand overseas markets. The Company has already established preliminary cooperative relationships with multiple overseas clients to initiate projects. According to CIC forecasts, the market size of global commercial vehicle intelligent driving is projected to grow from RMB10 billion in 2024 to RMB1,614.4 billion by 2030, with a CAGR of 133.3%. CiDi's global expansion strategy positions it to seize early opportunities within this expanding market.From technological foundation-building to business model monetisation and scenario expansion, CiDi has carved out a differentiated development path within the autonomous driving industry. By building core barriers through its full-stack technology, its commercialization experience in mining areas serves as a critical validation of value, while extending into more scenarios and global markets unlocks the potential for long-term growth. In a rapidly evolving technological landscape and an accelerating market, this enterprise, possessing both technical depth and commercial acumen, is steadily advancing towards becoming a globally influential provider of intelligent logistics solutions. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
USAS Building System Advances Toward Hong Kong Listing: A Top-Three Industrial Prefabricated Steel Structure Solution Provider, with an Emerging Overseas Growth Curve
HONG KONG, December 29, 2025 - (ACN Newswire via SeaPRwire.com) – With manufacturing investment gradually recovering and the pace of industrial project construction continuing to advance, industrial buildings are accelerating toward standardised and prefabricated development. Against this backdrop, the application of industrial prefabricated steel structure buildings in manufacturing plants and large-scale industrial projects has continued to expand. As the listing process enters its final stage, USAS Building System (Shanghai) Co., Ltd. (the “Company” or “USAS”) is set to be listed on the Hong Kong Stock Exchange on 30 December, and the industrial prefabricated steel structure sub-sector in which it operates is coming into the capital market's view.Industrial prefabricated steel structure buildings are a typical sub-sector of industrial construction. Demand is mainly derived from manufacturing plants and industrial projects, where higher requirements are placed on construction efficiency and delivery capability. Compared with residential and commercial buildings, industrial buildings place greater emphasis on construction efficiency, structural stability and compatibility with production systems. Continued capacity expansion across manufacturing sectors such as automotive, pharmaceuticals, food and beverage, machinery and electronics, and logistics has strengthened the industrial nature of prefabricated steel structure buildings in industrial projects.In response to such demand, USAS has formed a relatively clear business positioning. The prospectus shows that the Company is not a single steel structure fabricator, but rather an integrated prefabricated steel structure building solution provider focused on the industrial sector, providing full-process subcontracting services for industrial plants and manufacturing projects, covering design optimisation, procurement, manufacturing and on-site installation. According to the Frost & Sullivan Report, by revenue in 2024, USAS ranked third in China's industrial prefabricated steel structure building market. Against the backdrop of an overall fragmented industry, USAS has established a relatively clear industry position.From an operating perspective, the Company has established a stable business foundation. The prospectus discloses that from 2022 to 2024, USAS recorded revenue of approximately RMB1.903 billion, RMB1.453 billion and RMB1.523 billion, respectively, maintaining an overall scale at the level of over RMB1 billion. Among these, prefabricated steel structure building subcontracting services are the core source of revenue. In 2024, revenue from this business was approximately RMB1.241 billion, accounting for 81.5% of total revenue, reflecting the Company's high degree of focus on its industrial prefabricated steel structure core business.In terms of profitability structure, the Company presents typical characteristics of an industrial project-based model. From 2022 to 2024, the Company's overall gross profit margin was 12.7%, 14.8% and 12.5%, respectively, while the gross profit margin of the core subcontracting business remained in the range of 13%–15% over the long term. In 2025, as certain large-scale industrial projects progressed in a concentrated manner, the Company achieved revenue of approximately RMB1.424 billion in the first half of the year, reflecting the impact of project execution cycles on the release of interim performance.From a medium- to long-term industry perspective, the penetration rate of prefabricated steel structures in China's industrial building sector remains at a relatively low level. Manufacturing investment upgrades, demand for compressed construction timelines and the continued advancement of green building policies provide a practical demand foundation for the industry. At the same time, emerging manufacturing bases such as Southeast Asia are accelerating the undertaking of global capacity relocation, which also brings new sources of projects for enterprises with cross-regional delivery capabilities.Against this backdrop, USAS's overseas business footprint has gradually become more evident. The prospectus discloses that revenue from the Company's industrial environmental equipment business is mainly derived from overseas markets. Revenue from this segment increased from approximately RMB31.82 million in 2022 to approximately RMB100 million in 2024, while its gross profit margin increased to 18.9% over the same period. This business has covered multiple overseas markets and has obtained certifications in China, the United States, Europe and Canada, providing conditions and support for cross-regional project execution.Following its listing on the Hong Kong Stock Exchange, USAS is expected to leverage the capital market platform to further consolidate its industry position in the industrial prefabricated steel structure segment. With its established industrial customer base, stable project delivery capabilities and a gradually expanding overseas business footprint, the Company has a practical foundation to continue advancing in undertaking industrial projects, optimising its business structure and enhancing scalable operational capabilities. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Taxinexo Advances Large-Scale Commercial Deployment of Level 4 Autonomous Vehicles Across the United States
NEW YORK, Dec 26, 2025 - (ACN Newswire via SeaPRwire.com) - Taxinexo, a U.S.-based autonomous vehicle operator, has entered a new phase of large-scale commercial deployment after nearly five years of continuous operation in the United States. Leveraging its mature Level 4 autonomous driving technology and proven operational capabilities, the company has expanded multi-scenario services across several U.S. states, positioning itself as a representative case of how federal and state policy coordination is accelerating the commercialization of autonomous driving in the U.S. smart mobility sector.Since its inception, Taxinexo's growth trajectory has been deeply intertwined with the US autonomous driving industry's policy support system. The US federal government, through national strategic documents such as the Comprehensive Autonomous Vehicle Initiative, has established a development orientation of "safety first, encouraging innovation," providing companies with a flexible regulatory environment—including simplified administrative exemption procedures for autonomous vehicles, allowing steering wheel-less and pedal-less vehicles that meet technical standards to be tested and operated on public roads, significantly lowering the policy threshold for companies to iterate their technology. Meanwhile, the Inflation Reduction Act's tax credit of up to $7,500 per vehicle for Level 3 and above autonomous driving vehicles further assisted Taxinexo in completing its R&D investment and fleet expansion, enabling it to achieve large-scale commercial operation in multiple states across the US. This has allowed it to accumulate millions of kilometers of real-world road operation data and build an operational network covering diverse scenarios such as urban main roads, business parks, and commuter shuttles.In an interview with this newspaper, Taxinexo's Global Marketing Head stated, "The policy support in the US over the past five years has provided us with an excellent development platform. From technology R&D to commercialization, the flexible regulatory environment and precise policy support have allowed us to accumulate core capabilities to handle complex scenarios. In the future, we will continue to leverage local policy advantages, deepen our diversified scenario operation layout, and help promote the US autonomous driving industry towards a more efficient and safer stage."Data shows that the US autonomous driving industry is rapidly expanding, with leading companies continuously increasing their fleet sizes and weekly order volume exceeding hundreds of thousands, indicating a broad commercial prospect for the industry.Taxinexo reportedly plans to further expand its service coverage in the United States based on its existing operations, focusing on high-frequency travel scenarios such as airport shuttles and intercity commuting, and will continue to increase investment in technology research and development to promote the iterative upgrade of its autonomous driving system. In the future, its large-scale operational experience may provide a replicable practice model for the intelligent transportation upgrades of more cities in the United States.Social LinksTelegram: https://t.me/taxinexoX: https://x.com/taxinexoFacebook: https://www.facebook.com/profile.php?id=61585301312596Instagram: https://www.instagram.com/taxinexoLinkedIn: https://www.linkedin.com/company/taxinexo/YouTube: https://www.youtube.com/@taxinexoMedia contactBrand: TaxinexoContact: Media teamWebsite: https://www.taxinexo.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
BCQ (01963.HK) to Pay RMB 585 Million Cash Dividend, Driving Share Price and Yield Upside
HONG KONG, December 25, 2025 - (ACN Newswire via SeaPRwire.com) – December 22, Bank of Chongqing Co., Ltd. (601963.SH, 01963.HK, hereinafter “BCQ” or “the Bank”) announced, it will distribute cash dividends totaling RMB 585 million based on its total ordinary share capital of 3.475 billion ordinary shares outstanding as of September 30, 2025. The dividend payout represents 11.99% of net profit attributable to ordinary shareholders.Since the release of China’s new capital market guidelines (often referred to as the “New Nine Measures”), BCQ has implemented interim dividends following the third quarter for the second consecutive year, underscoring its commitment to enhancing shareholder returns. This move further validates the resilience of its operating performance, improves its valuation recognition, and strengthens its appeal to middle-to-long-term investors.Over the past two years, the banking sector has transitioned from a “cyclical trading” approach to a “dividend-driven allocation” paradigm, with high-dividend strategies becoming a core investment theme. Supported by sustained and stable profitability, BCQ’s dividend yields for A-shares and H-shares exceeded 3.8% and 5.7%, respectively. Benefiting from both dividend attributes of bank stocks and rising market sentiment, as of December 24, the Bank’s A-share and H-share prices recorded year-to-date gains of 23.1% and 39.18%, respectively.The bank also recently announced that its personal deposit balance surpassed RMB 300 billion, reaching a historic high. This strengthened funding base enhances its earnings resilience across cycles. Continuous and milestone breakthroughs signify that the bank has ascended to a brand-new level in terms of comprehensive strength, market position, and service capabilities, paving the way for broader growth prospects in the future.Double-Digit Growth in Revenue and Net Profit, Total Assets Exceed RMB 1 TrillionAccording to its 2025 third-quarter report, as of the end of September 2025, BCQ’s total assets reached RMB 1.0227 trillion, representing an increase of over 19% YoY, and marking its entry into the “trillion-asset club” among city commercial banks.Driven by steady scale expansion, the Bank achieved a significant improvement in profitability, delivering its strongest performance in nearly nine years. Operating revenue and net profit for the first three quarters of 2025, recorded double-digit growth of 10.40% and 10.42% YoY, reaching RMB 11.74 billion and RMB 5.196 billion, respectively. Performance accelerated notably in the third quarter, with operating revenue rising 17.38% YoY to RMB 4.081 billion, and net profit attributable to shareholders increasing 20.54% to RMB 1.690 billion, indicating an accelerated growth rate and the continued enhancement of profitability. Moreover, in the first three quarters, operating and administrative expenses amounted to RMB 2.810 billion, up 9.90% YoY, lower than revenue growth. The cost-to-income ratio declined by 0.11 ppts to 23.93%, indicating steadily improving operating efficiency.Its asset quality also continued to strengthen. As of the end of the third quarter of 2025, the non-performing loan (NPL) ratio declined to 1.14%, down 0.11 ppts from the beginning of the year. Risk coverage has become more robust, with the provision coverage ratio rising to 248.11%, up 3.03 ppts from the beginning of the year, providing a solid buffer for sustainable and stable operations.Strong Secondary Market Performance, Leading A- and H-shares Gains Among PeersThe combination of regional strategic tailwinds and improving fundamentals continues to drive valuation recovery for this first mainland city commercial bank listed in Hong Kong.Since the beginning of the year, the Bank has delivered strong performance in the secondary market. As of December 24, its A-shares closed at RMB 10.96 per share, representing a gain of 23.1% YTD. Its H-shares closed at HKD 7.96 per share, with a gain of 39.18% YTD, ranking among the top performers in the domestic banking sector.In terms of shareholder returns, the Bank has distributed third-quarter dividends for two consecutive years, paying RMB 1.684 per 10 shares (tax inclusive), with total cash dividends of RMB 585 million (tax inclusive), accounting for 11.99% of net profit attributable to ordinary shareholders.The Bank’s operating performance has also received positive ratings from multiple securities firms. After the third-quarter results, over ten institutions, including China Galaxy Securities, China Merchants Securities, Shenwan Hongyuan Securities, and Guotai Haitong Securities, issued research reports, generally assigning “Buy,” “Accumulate,” or “Outperform” ratings for the Bank. Shenwan Hongyuan Securities noted that, supported by both regional development opportunities and improving fundamentals, alongside proactive management and clear strategic objectives, BCQ has strong momentum for valuation recovery and maintained a “Buy” rating. Guosen Securities emphasized that the Chengdu–Chongqing region, as a convergence zone for multiple national strategies, provides a solid foundation for the Bank’s sustained growth, and, combined with improving asset quality and stabilizing and rebounding net interest margins, assigned an “Outperform” rating for the Bank upon initial coverage. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Avantor Appoints Gladys Wang as Vice President, Bioprocessing Commercial, Asia, Middle East & Africa
SINGAPORE, Dec 24, 2025 - (ACN Newswire via SeaPRwire.com) - Avantor, Inc., a leading global provider of mission-critical products and services to customers in the life sciences and advanced technologies industries, announced the appointment of Gladys Wang as Vice President, Bioprocessing Commercial for Asia, Middle East and Africa (AMEA). With over twenty years of experience in life sciences and commercial leadership, Gladys will oversee Avantor’s business expansion in the AMEA region, enhance customer success initiatives, and drive the development of strategic partnerships throughout the bioprocessing ecosystem.Gladys, based in Singapore, has extensive experience collaborating with biopharma manufacturers, contract development and manufacturing organizations (CDMOs), and key opinion leaders. She is widely recognized for her expertise in delivering transformative business results through customer-centric strategies, operational excellence, and effective cross-market collaboration.Before joining Avantor, Gladys held senior leadership roles at top life sciences organizations, including Head of Global Strategic Accounts APAC and Senior Director for Bioprocessing South Asia & Oceania. She was instrumental in accelerating Asia-Pacific expansion, delivering material business growth through disciplined market-entry strategy.“The Asia, Middle East and Africa region is full of potential, and being part of a team that partners so closely with customers to advance innovation and strengthen manufacturing capabilities is truly motivating. The focus ahead will be on deepening collaboration, enhancing customer experience, and empowering teams to deliver meaningful impact across the bioprocessing value chain. Contributing to Avantor’s continued growth and supporting customers in reaching their scientific and operational objectives is an exciting prospect,” said Gladys Wang, Vice President, Bioprocessing Commercial, Asia, Middle East & Africa.Gladys holds a Master’s degree in Biology from National Taiwan University and has completed executive programs at INSEAD and Stanford University, specializing in strategic transformation and innovation.With her commitment to excellence and talent for cultivating future leaders, Gladys will further strengthen Avantor’s position as a trusted partner for bioprocessing customers across the AMEA region.About Avantor®Avantor® is a leading life science tools company and global provider of mission-critical products and services to the life sciences and advanced technology industries. We work side-by-side with customers at every step of the scientific journey to enable breakthroughs in medicine, healthcare, and technology. Our portfolio is used in virtually every stage of the most important research, development and production activities at more than 300,000 customer locations in 180 countries. For more information, visit avantorsciences.com and find us on LinkedIn, X (Twitter) and Facebook.Regional Media Contact:Swati ChhabraManager - Corporate Communications, AMEAAvantor91-9958-404-334Swati.Chhabra@avantorsciences.comGlobal Media ContactEric Van ZantenHead - External CommunicationsAvantor610-529-6219Eric.Vanzanten@avantorsciences.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
AEON Credit Service Net Profit Surges 28.1% to HK$352.7 Million for First Nine Months of FY2025/26
HONG KONG, December 23, 2025 - (ACN Newswire via SeaPRwire.com) – AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) today announced its results for the nine months ended 30 November 2025 (the “first nine months of FY2025/26” or the “Reporting Period”).During the Reporting Period, despite a mixed economic environment, the Group demonstrated strong operational resilience. The Group’s revenue recorded a steady increase of 4.1% to HK$1,358.1 million compared with the “first nine months of FY2024/25” (the “Previous Period”). With enhanced operational efficiency, cost-to-income ratio decreased to 44.3% from 46.8% in the Previous Period. Operating profit before impairment losses and allowances rose by 9.9% to HK$712.9 million. Supported by a 10.2% decrease in impairment losses and impairment allowances, profit after tax for the Reporting Period surged by 28.1% to HK$352.7 million (Previous Period: HK$275.3 million), with earnings per share increasing to 84.22 HK cents (Previous Period: 65.74 HK cents).Amidst subdued consumer spending and elevated credit default rates in the market, the Group adopted a prudent portfolio management strategy, focusing on balancing customer base expansion with credit risk mitigation. The Group’s effective credit risk monitoring and enhanced credit assessment model led to a continued improvement in asset quality, with the percentage of impaired credit to gross advances and receivables decreasing to 4.0% as at 30th November 2025.In parallel, the Group optimised its marketing efforts to increase the effectiveness of its marketing and promotion expenditure. This included refining its preferential pricing mechanism to increase competitiveness and launching tactical spending campaigns targeting specific customer segments. Furthermore, strategic collaborations with merchants on consumer durables, coupled with card instalment plans after purchase, gained significant popularity among younger demographics, with an increasing number of customers actively using this service.Meanwhile, the Group continued to prioritise investment in digitalisation and security enhancements to improve customer experience. This included a new “change PIN” button being introduced in the “AEON HK” Mobile App (“Mobile App”), the replacement of Short Message Service (SMS) One-Time Password (OTP) notifications with in-app authentication for e-commerce transactions, and the upcoming integration of loan applications from different channels within the Mobile App. Further advancements in data analysis tools have also increased the effectiveness of marketing, credit assessment and credit management activities.Looking ahead, the Group’s strategic focus will be on sustaining growth in both domestic and online transaction volumes, while simultaneously refining credit assessment mechanisms to ensure the maintenance of a high-quality asset portfolio. Targeted campaigns and incentives will be deployed to expand market share, particularly by leveraging competitive interest-rate financial products as a key tactic to attract customers with strong credit records. In addition, a major upcoming initiative is the launch of an integrated bonus point platform to facilitate seamless accumulation and redemption of rewards from AEON Cards and partner merchants. This initiative aims to boost credit card usage, enhance customer convenience, and strengthen loyalty.Meanwhile, operational efficiency and card security will be continuously enhanced through the accelerated integration of Artificial Intelligence to automate routine back-office tasks, improve accuracy, and strengthen authorization and fraud detection mechanisms. Furthermore, the Group is committed to minimising its environmental impact by focusing on reducing its carbon footprint through the implementation of fully paperless loan processes, the adoption of energy-efficient digital payment solutions, and other energy-saving initiatives.Mr Wei Aiguo, Managing Director of AEON Credit, said, “Despite Hong Kong’s gradual economic recovery being tempered by certain headwinds, we are pleased to report an exceptional increase in profit after tax for the first nine months of FY2025/26. This achievement reflects the success of our prudent portfolio management strategy and our focus on enhancing asset quality. We remain committed to providing exceptional credit services that meet evolving customer needs and expanding our customer base by offering innovative, customised products. With our strong liquidity, robust balance sheet, and clear strategic focus, we are confident in our ability to navigate the market headwinds, capitalise on growth opportunities, and deliver sustainable value to our shareholders.”About AEON Credit Service (Asia) Company Limited (Stock Code: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987, registered as a Hong Kong limited company in 1990, and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the finance business, which includes credit card issuance, personal loan financing, card payment processing services and insurance intermediary business in Hong Kong, and microfinance business in Mainland China.For more information, please visit the company’s website at www.aeon.com.hk. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
THE HANEDA GODZILLA GLOBAL PROJECT OFFICIALLY KICKS OFF COMPLETION EVENT
SINGAPORE, Dec 23, 2025 - (ACN Newswire via SeaPRwire.com) - The HANEDA GODZILLA GLOBAL PROJECT officially launched a mega-scale initiative to broadcast Japanese entertainment to the world from Haneda Airport, through the collaboration of three companies: Toho Co., Ltd., Japan Airport Terminal Co., Ltd., and Tokyo International Airport Terminal Corporation. Under the theme “Godzilla welcomes all visitors to Japan and sees them off as they depart,” a colossal Godzilla statue, approximately 40 meters long and 9 meters tall, has been revealed inside Japan’s international gateway at Haneda Airport Terminal 3.Modeled after the original Godzilla, the monument surpasses the size of existing indoor installations and is designed to be viewed from multiple angles throughout Terminal 3. Additional installations in the area include Godzilla: The Great Monster Advance Picture Scroll in the arrival lobby and a standing statue from Godzilla Minus One that will be installed on December 3, further expanding the presence of the popular monster across arrivals and departures.To commemorate the completion of the world’s largest indoor Godzilla monument, a special announcement event was held at Haneda Airport, featuring remarks from notable guests. This consisted of Keiji Ota, Senior Managing Executive Officer and Chief Godzilla Officer (CGO) of Toho Co., Ltd.; Masatoshi Akahori, President and Representative Director of Tokyo International Air Terminal Corporation; and special guest actress Riko Fukumoto, ambassador for the “Godzilla The Ride” attraction at Seibuen Amusement Park. All of the guest speakers reflected on the cultural significance of the six-year project and Godzilla’s role as a global symbol of Japanese entertainment.As travel ramps up for the new year, the HANEDA GODZILLA GLOBAL PROJECT is set to leave a lasting impression on millions of international travelers passing through Terminal 3 with an encounter with one of Japan’s most iconic cultural symbols.The completion announcement event was held on Friday, December 19, with public installations opening in conjunction with year-end and New Year travel, and additional displays debuting beginning December 23.The unveiling was held at Haneda Airport Terminal 3 in Tokyo, Japan spanning both the departure and arrival lobbies at Japan’s primary international gateway.About TOHO Co., Ltd.TOHO Co., Ltd. is a leading Japanese entertainment company founded in 1932. Its four main business pillars are the cinema business, which includes production, distribution and exhibition; the theatrical business, which includes production and exhibition; the anime business, which has been expanding globally in recent years; and the real estate business, which focuses on development in urban areas. TOHO’s worldwide acclaimed works include theatrical films such as the “Godzilla” series and “Seven Samurai” directed by Akira Kurosawa, and TV anime series such as “My Hero Academia” and “Jujutsu Kaisen”. These anime series are produced and distributed through the TOHO animation label, and are delivered to a wide range of audiences around the world.Media ContactTOHO Entertainment Asiahello@tohoea.com.sg Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Holiverse Announces Development of Offline AI Device to Return Data Control to Users
NEW YORK, Dec 23, 2025 - (ACN Newswire via SeaPRwire.com) - Holiverse, a biotech platform, has begun active development of a decentralized AI device designed to operate entirely offline without cloud dependency.The device will embed private artificial intelligence directly on hardware, eliminating the need to transmit personal data to external servers. According to the company, this approach addresses growing concerns about data sovereignty, privacy erosion and the concentration of AI processing power in centralized platforms."We have conflated intelligence with centralization," said Lado Okhotnikov, founder of Holiverse. "We built these vast, brilliant minds and asked them to solve our problems. But in doing so, we outsourced our sovereignty."The Holiverse decentralized AI initiative targets three key capabilities:On-device processing: All data remains in a closed loop on the user's hardwareOffline functionality: Intelligence operates without internet connectivityHyper-personalization: Models tuned to individual biological and behavioral data"This is undoubtedly a complex and resource-intensive process, and we are engaging some of the leading AI specialists," Okhotnikov added. "This technology has the potential to significantly reduce the risks associated with AI and make interaction with it truly personal."Holiverse expects to present initial developments publicly in the coming months.About HoliverseHoliverse is a biotech platform that integrates human biology and advanced technology. Founded by Lado Okhotnikov, the company creates holistic health solutions through personalized, data-driven approaches. Learn more at holiverse.ai.Social LinksX: https://x.com/HoliverseTelegram: https://t.me/holiverse_ENGMedia ContactBrand: HoliverseContact: Media teamWebsite: https://holiverse.ai Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
USA EPA Approval Conditions Accepted for Graphene Coating THERMAL-XR(R)
Brisbane, Australia--(ACN Newswire via SeaPRwire.com - December 22, 2025) - Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to provide a business update on the commercialisation progress of THERMAL-XR® ENHANCE.THERMAL-XR®/CoolWorx® USA EPA Approval:The Company is excited to announce it has received and accepted the United States Environmental Protection Agency ("EPA") consent notice approval conditions of the Pre-Manufacture Notice ("PMN") for its THERMAL-XR® ENHANCE graphene coating product. The consent notice conditions from the EPA signify a significant milestone in bringing this product to market in the USA, offering energy savings and enhanced corrosion resistance to USA consumers and businesses alike. The EPA's PMN program ensures the safety and environmental soundness of new chemicals and chemical substances introduced into the United States.The first shipment of THERMAL-XR® ENHANCE will be sent to Nu-Calgon for distribution to be re-sold as "Nu-Calgon CoolWorx® powered by GMG Graphene" upon receipt of the fully signed consent notice from the EPA, which is expected early in the new year.GMG's Managing Director and CEO, Craig Nicol, commented: "This is a very significant milestone for the GMG business – to now get approval conditions to sell into the largest HVAC coating market in the world – the United Sates of America – through our distributor and partner Nu-Calgon."GMG's Chairman and Non-Executive Director, Jack Perkowski, commented: "It is really great for GMG to reach this milestone – for two years, GMG and Nu-Calgon have been progressing through the EPA approval process, and it is great to finally see the consent notice approval conditions come through. This is a big step in the Company's development because the United States is such a big market for air conditioning coatings and Nu-Calgon is a great distribution partner."THERMAL-XR® ENHANCE Development and EPA Approval HistoryMonthSignificant Milestones for THERMAL-XR® powered by GMG GrapheneSeptember 2022GMG acquires THERMAL-XR® manufacturing intellectual property and brand rightsGMG ACQUIRES THERMAL-XR MANUFACTURING INTELLECTUAL PROPERTY AND BRAND RIGHTS AND GRANTS RSUs TO DIRECTORS AND OFFICERS - Graphene Manufacturing Group | GMG (graphenemg.com)December 2022Verified Improved Heat Transfer by The University of Queensland. VERIFIED IMPROVED HEAT TRANSFER ON ALUMINIUM WITH THERMAL-XR® & MARKET UPDATE - Graphene Manufacturing Group | GMG (graphenemg.com)February 2023Approval from Australian Industrial Chemicals Introduction Scheme (AICIS)GMG RECEIVES REGULATORY APPROVAL TO ENABLE SIGNIFICANT COMMERCIAL SALES - Graphene Manufacturing Group | GMG (graphenemg.com)April 2023Total available market for THERMAL-XR® estimated by Company to be > US$28.4 billionGMG ANNOUNCES COMMERCIALISATION PROGRESS OF THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)April 2023First order of THERMAL-XR® > $120,000GMG ANNOUNCES COMMERCIALISATION PROGRESS OF THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)May 2023Signing of Distributors for Singapore, Thailand, Indonesia & South KoreaGMG SIGNS THERMAL-XR® DISTRIBUTOR AGREEMENTS IN 4 ASIAN COUNTRIES - Graphene Manufacturing Group | GMG (graphenemg.com)June 2023Independently Verified Heat Transfer & Energy SavingsGMG ANNOUNCES INDEPENDENTLY VERIFIED HEAT TRANSFER AND ENERGY SAVINGS RESULTS FROM THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)July 2023Signing of Nu-Calgon Distribution for North America – USA, Canada, Mexico, & Caribbean.GMG APPOINTS NU-CALGON AS THERMAL-XR® DISTRIBUTOR FOR NORTH AMERICA - Graphene Manufacturing Group | GMG (graphenemg.com)August 2023Commissioning of THERMAL-XR® Coating Bulk Blend PlantGMG PROVIDES COMMERCIALISATION PROGRESS OF THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)October 2023Forward Orders > AU$ 400k – Conditional on Import Approvals for some CountriesGMG PROVIDES COMMERCIALISATION UPDATE ON ENERGY SAVINGS COATING THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)December 2023Commissioning of the modular Graphene Production plantGraphene Manufacturing Group Commissions Modular Graphene Production Plant - Graphene Manufacturing Group | GMG (graphenemg.com)January 2024Canada Approval Department of Environment and Climate Change Canada (ECCC)January 2024Launch of Nu-Calgon CoolWorx® powered by GMG Graphene at Chicago AHR Expo 2024.Launch of Nu-Calgon CoolWorx® powered by GMG Graphene at Chicago AHR Expo 2024.April 2024GMG Provides Commercialisation Update on Energy Savings Coating THERMAL-XR®GMG Provides Commercialisation Update on Energy Savings Coating THERMAL-XR®December 2024GMG Reaches Market Commercialisation Milestone on Energy Savings Coating THERMAL-XR®GMG Reaches Market Commercialisation Milestone on Energy Savings Coating THERMAL-XR® About THERMAL-XR® ENHANCE powered by GMG Graphene:THERMAL-XR® ENHANCE coating system is a unique method of improving the conductivity of corroded heat exchange surfaces and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces while improving and rebuilding the lost corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction.THERMAL-XR® ENHANCE is now patented for 20 years in Australia and is expected to be patented in other countries around the world.About GMG:GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural 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.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 initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.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"). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither 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.Cautionary Note Regarding Forward-Looking Statements 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 energy savings and enhanced corrosion resistance of the THERMAL-XR® ENHANCE graphene coating product, intentions as to the first shipment of THERMAL-XR® ENHANCE, expectations for receipt of a fully signed consent notice from the EPA. Such forward-looking statements are based on a number of assumptions of management, including the receipt of a fully signed consent notice from the EPA. 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 that GMG does not receive or receive on a timely basis the fully signed consent notice from the and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated November 4, 2025 available for review on the Company's profile at www.sedarplus.ca.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.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278794 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Saat & Saat Acquires Turkish Apparel Leader Aydinli Group, Expanding U.S. Polo Assn. Markets Across Turkey, the Middle East, Eastern Europe, and North Africa
WEST PALM BEACH, FL AND ISTANBUL, TURKEY , Dec 22, 2025 - (ACN Newswire via SeaPRwire.com) - USPA Global is pleased to announce the acquisition of Aydinli Hazir Giyim San. Tic. A.S. (Aydinli Group) by HRK Holding A.S. (Saat & Saat). Both entities are licensing partners of U.S. Polo Assn., which is USPA Global's multi-billion-dollar sports brand and the official brand of the United States Polo Association (USPA). As one of the brand's largest partners, the acquisition of Aydinli provides access to more than 50 countries across Turkey, the Middle East, Eastern Europe, and North Africa.With this acquisition of Aydinli, Saat & Saat is expanding the company's regional portfolio alongside its very successful watch business by entering the global apparel industry. With more than nearly 450 U.S. Polo Assn. stores and multiple branded digital sites, U.S. Polo Assn. will continue its record growth. Aydinli is currently one of the leading retail powerhouses in the region, with significant growth potential and a well-established sales network spanning monobrand stores, department stores, and e-commerce channels."We would like to congratulate Ramazan Kaya, as Founder and CEO of Saat & Saat, on the recent acquisition of Aydinli," stated J. Michael Prince, President and CEO of USPA Global, who globally manages the U.S. Polo Assn. brand worldwide. "As a long-time partner of U.S. Polo Assn., we believe this strategic transition will provide our global sports brand the opportunity to elevate and expand our business, targeting $1 billion in retail sales across the region in the coming years.""I would also like to personally thank Mr. Seref Safa, Past Chairman of Aydinli, for his leadership and TMSF for their support over the years. Together, we built a strong foundation that will lead to a bright future," Prince added.Following the successful closing process, Ramazan Kaya, CEO of Saat & Saat, will serve as CEO of Aydinli Group."We're proud to take this important step in our long-standing partnership with U.S. Polo Assn., expanding and strengthening our presence in one of the most dynamic retail markets in the world," said Kaya. "This acquisition allows us to accelerate growth, enhance our capabilities, and position both our company and the brand for a powerful next phase in Turkey, the Middle East, Eastern Europe, and North Africa.""This milestone reflects our shared vision with U.S. Polo Assn. - to elevate an iconic global brand while continuing to innovate and inspire through the lifestyle it represents. The Team at Saat & Saat is energized by the opportunity to shape the future together," Kaya added.The partnership with Aydinli and U.S. Polo Assn. began in 1997, with accelerated growth across the region for nearly 30 years. Among the partnerships, many successes in Istanbul's flagship Istinye Park U.S. Polo Assn. store, completed by Aydinli in 2024. Further, U.S. Polo Assn. has launched nearly a dozen brand-specific websites in the region to enhance digital offerings for customers further and provide easier access to its product offerings, with early results exceeding expectations, reinforcing the authentic connection between the sport and the brand.As one of Turkey and the Middle East's leading casualwear power brands, U.S. Polo Assn. has a retail footprint of more than 1,500 points of sale across more than 50 countries in Turkey, the Middle East, Eastern Europe, and North Africa. With Turkey and the Middle East being one of the global, multi-billion-dollar sports brand's largest markets, the expectation is that U.S. Polo Assn. will be a billion-dollar brand in this region in the coming years. Globally, the U.S. Polo Assn. brand is in 190 countries and has global retail sales of more than $2.5 billion.U.S. Polo Assn. Global Fall 2025 CollectionRamazan Kaya, Founder and CEO of Saat & SaatU.S. Polo Assn. Storefront in Istinye Park, Istanbul, TurkeyAbout U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official sports brand of the United States Polo Association (USPA), the governing body of the sport in the United States, founded in 1890 and based at the USPA National Polo Center (NPC) in Wellington, Florida. This year, U.S. Polo Assn. celebrates 135 years of sports inspiration alongside the USPA. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,200 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide.The brand sponsors major polo events around the world, including the U.S. Open Polo Championship®, held annually at NPC in The Palm Beaches, the premier polo tournament in the United States. Historic deals with ESPN in the United States, TNT and Eurosport in Europe, and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, PGA Tour, and Formula 1, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world. For more information, visit uspoloassnglobal.com and follow @uspoloassn.USPA Global is a subsidiary of the United States Polo Association (USPA) and manages the multi-billion-dollar sports brand, U.S. Polo Assn. USPA Global also manages the subsidiary, Global Polo, which is the worldwide leader in polo sport content. To learn more, visit globalpolo.com or Global Polo on YouTube.About Saat & SaatSaat & Saat's journey began in 1971 with wholesale watch trading. Established in 1994, Saat & Saat leveraged its extensive experience in wholesale to make a strong entry into distribution and retail sectors. In 2005, the company opened its first retail store at Cevahir Shopping Mall, marking its entry into the retail market, and in 2009, it expanded into online sales with the launch of its e-commerce platform www.saatvesaat.com.tr. With a brand awareness rate of 85%, Saat & Saat offers its products through 163 stores and shop-in-shops, 699 dealers and chain store, its website www.saatvesaat.com.tr, all major marketplaces, and an international distribution network in over 30 countries. With 30 years of experience, Saat & Saat provides "Comprehensive Technical Service" for all brands across Turkey.Media Contacts:U.S. Polo Assn. Global:Stacey KovalskyVice President, Global PR & Communicationsskovalsky@uspagl.comSaat & SaatBerfin Albayrakpazarlama@saatvesaat.comSOURCE: USPA Global Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Sri Lanka and the Middle East’s top real estate achievements recognised at 2025 PropertyGuru Asia Property Awards
LUXURIOUS DEVELOPMENTS, SPANNING PRIME DISTRICTS IN THE UAE AND COASTAL CITIES IN SRI LANKA, SET NEW BENCHMARKS IN REAL ESTATE EXCELLENCEBANGKOK, Dec 22, 2025 - (ACN Newswire via SeaPRwire.com) - The 2025 PropertyGuru Asia Property Awards recognised real estate excellence from Sri Lanka and the Middle East today during the International Luncheon at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.Home Lands Group of Companies won the coveted titles of Best Developer and Best Lifestyle Developer at the 2025 PropertyGuru Asia Property Awards (Sri Lanka). The developer was also honoured for the projects Pentara Residencies - Thummulla Handiya "The Address in Colombo", winner of Best Luxury Condo Development (Colombo); Santorini Resort Apartments & Residencies, Negombo, winner of Best Completed Condo Development; and Bayfonte Marina Resort Apartments & Villas, Negombo, winner of Best Waterfront Condo Development.Other Sri Lankan winners were Groundworth (Pvt) Ltd, recipient of the Special Recognition for Land Investments, and Urbanspace Interiors Pvt Ltd., winner of Best Condo Interior Design for the Pentara Model Apartment.Chedi Hospitality showcased the finest real estate in the Middle East. The luxury hotel group was awarded Best Branded Residential Development (UAE) for The Chedi Private Residences, Sheikh Zayed Road, Dubai, United Arab Emirates.Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “South Asia and the Middle East offer investors and end-users alike compelling value propositions with a variety of property types, including luxury branded residences, curated lifestyle concepts, and more. From prime districts in the UAE to coastal cities in Sri Lanka, these markets present developments that take advantage of their location and visual appeal. This year's winners provide a solid foundation for the next generation of developers to build upon.”Dr. Nirmal De Silva, chairperson of the judging panel of the PropertyGuru Asia Property Awards (Sri Lanka) and director and CEO of Paramount Realty, said: “Grounded in ambition and shaped by the island's unique natural beauty, Sri Lanka's real estate market deserves these moments of recognition. From the luxury condominiums and waterfront residences of Colombo and Negombo to the masterful interior designs that modernise island living, these achievements not only exemplify real estate excellence but also embrace the distinctive context and character of this remarkable island. Congratulations to all our winners in Sri Lanka.”The 2025 PropertyGuru Asia Property Awards (Sri Lanka) featured an independent panel of judges, including Dr. Nirmal De Silva; Emeritus Prof. Chitra Weddikkara, managing director of QServe Pte Ltd.; Roshan Madawela, founding director and CEO of the Research Intelligence Unit (RIUNIT); Nandike D. Samaranayake, chartered architect, AIA (SL); and Stephanie Balendra, director of Homes N Spaces Lanka Properties (Pvt) Ltd.The 2025 PropertyGuru Asia Property Awards (Middle East) featured a separate independent panel, composed of Sam Issa, managing director of Realpoint Real Estate Consultancy LLC; Chelsea Elise Perino, managing director of Global Marketing & Communications at The Executive Centre; Imad Damrah, managing director - KSA at Colliers International; James A. Kaplan, CEO of Destination Capital Company Limited; and Stephen Oehme, director of Quantum Analysis PTE LTD Singapore.Dinuk Hettiarachchi, managing partner of HLB Sri Lanka, represented by Nihal Hettiarachchi & Company, Chartered Accountants, supervised the judging process for Sri Lanka. The selection process for the Middle East was supervised by HLB under the leadership of Lavin Nalinababu and Khalid Otain.Winners from Sri Lanka and the Middle East later vied for the Best in Asia titles at the 20th PropertyGuru Asia Property Awards Grand Final, also held on 12 December 2025 in Bangkok, Thailand.Home Lands Group of Companies was proclaimed Best Lifestyle Developer (Asia) while Pentara Model Apartment by Urbanspace Interiors Pvt Ltd. was awarded Best Condo Interior Design (Asia).The Chedi Private Residences, Sheikh Zayed Road, Dubai, United Arab Emirates by Chedi Hospitality went on to win the Best Branded Residential Development (Asia) title.The 2025 PropertyGuru Asia Property Awards Grand Final honours top winners from the PropertyGuru Asia Property Awards’ series of events across Australia, Hong Kong, Indonesia, Japan, Macau, Mainland China, Malaysia, the Middle East, the Philippines, Singapore, Sri Lanka, Thailand, and Vietnam.The 2025 PropertyGuru Asia Property Awards (Sri Lanka) and 2025 PropertyGuru Asia Property Awards (Middle East) are supported by official property portal PropertyGuru; official magazine Property Report by PropertyGuru; and official supervisor HLB.For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.COMPLETE LIST OF WINNERS2025 PropertyGuru Asia Property Awards (Sri Lanka)DEVELOPER AWARDSBest DeveloperWINNER: Home Lands Group of CompaniesBest Lifestyle Developer WINNER: Home Lands Group of CompaniesDEVELOPMENT AWARDSBest Luxury Condo Development (Colombo)WINNER: Pentara Residencies - Thummulla Handiya "The Address in Colombo" by Home Lands Group of CompaniesBest Completed Condo Development WINNER: Santorini Resort Apartments & Residencies, Negombo by Home Lands Group of CompaniesBest Waterfront Condo Development WINNER: Bayfonte Marina Resort Apartments & Villas, Negombo by Home Lands Group of CompaniesDESIGN AWARDBest Condo Interior Design WINNER: Pentara Model Apartment by Urbanspace Interiors Pvt Ltd.SPECIAL AWARDSpecial Recognition for Land InvestmentsWINNER: Groundworth (Pvt) Ltd2025 PropertyGuru Asia Property Awards (Middle East)DEVELOPMENT AWARDBest Branded Residential Development (UAE)WINNER: The Chedi Private Residences, Sheikh Zayed Road, Dubai, United Arab Emirates by Chedi Hospitality ABOUT PROPERTYGURU GROUP:PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 32 million property seekers monthly2 to connect with over 50,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 18 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its markets in Singapore, Malaysia, Vietnam, and Thailand as well as the region’s biggest and most respected industry recognition platform – PropertyGuru Asia Property Awards, events, and publications across Asia.For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.(1) Based on SimilarWeb data between July 2024 and December 2024.(2) Based on Google Analytics data between July 2024 and December 2024.(3) Based on data between October 2024 and December 2024.(4) Based on data between July 2024 and December 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com Sales, Nominations, & Sponsorships:Udomluk Suwan, Sales DirectorM: +66 87 699 4433E: may@propertyguru.comMedia & Partnerships:Nate Dacua, Senior Manager, Media and Marketing ServicesM: +66 92 701 2510E: nate@propertyguru.comPiyachanok Raungpaka, Senior Media & Marketing Services ExecutiveM: +66 94 887 5163E: piyachanok@propertyguru.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
A New Benchmark for Specialized Technology Stocks in Hong Kong! CiDi’s Listing Marks a New Chapter in Commercial Intelligent Driving
HONG KONG, December 19, 2025 - (ACN Newswire via SeaPRwire.com) – The Hong Kong stock market has welcomed another “hard tech” listed company. On 19 December, China’s leading provider of intelligent driving products and solutions for commercial vehicles, CiDi Inc. (“CiDi”, 3881.HK), officially listed on the Main Board of the Hong Kong Stock Exchange.In the global transformation of the autonomous driving industry from the phase of technological exploration to the phase of commercial realization, CiDi has demonstrated a development trajectory distinct from that of most peers. Transitioning from early-stage project validation to long-term operations, CiDi has established a scalable business model and gradually emerged as one of the representative enterprises in autonomous driving for closed environments. Revolution in Technological Architecture: From Scenario Adaptation to Optimal Cost and EfficiencyWithin the autonomous driving industry chain, the commercialization progress in closed environments far exceeds that on open roads. Heavy-load transportation scenarios, such as mining and ports, place extremely high demands on efficiency, safety, and stability, while also having long-term and rigid needs. This makes them the earliest areas where autonomous driving has achieved large-scale implementation.In this area, CiDi has established a differentiated competitive advantage by creating a highly flexible “mesh” technological architecture to maximize overall system performance. The company abstracts core technologies such as autonomous driving algorithms, perception systems, and decision-making planning into pluggable modules. Under a unified underlying framework, these modules can be quickly combined and reconfigured to meet the specific requirements of different closed environments.This “grid-based” capability brings three major commercial advantages: First, it enables efficient cross-scenario migration. The results of each technological breakthrough are solidified as foundational capabilities of the platform, empowering the next new scenario. Second, it leads to significant cost optimization. Built on a unified platform, data can flow seamlessly, and capabilities can be reused, achieving a structural reduction in R&D costs. It also provides customers with more choices while lowering marketing expenses. Finally, it facilitates technological and performance advancement. Through scenario validation, the efficiency of technological iteration is accelerated, driving continuous improvement in product performance.Precision Targeting of “Essential Demand Arteries” with Validated Economic ModelsThe ultimate test for any cutting-edge technology is its ability to solve real problems and deliver tangible value. CiDi has focused on mining, a core scenario characterized by rigid demand and a clear economic rationale, to build a solid market barrier.Open-pit mines, characterized by their hazardous conditions, pollution, remoteness, and large scale, face multiple challenges including high labor costs, frequent safety risks, and low operational efficiency. “METAMINE” solution launched by CiDi directly addresses industry pain points by integrating perception technology, high-precision positioning, and fleet coordination system, enabling fully automated operations, including autonomous loading, transportation, and unloading of unmanned mining trucks, demonstrating its value through a quantifiable economic model. According to certification from the National Institute of Metrology of China, the mining efficiency of CiDi’s autonomous mining trucks has reached 104% of that of human-driven mining trucks.Based on industry realities, considering the costs and practical challenges associated with a full transition to autonomous mining operations, CiDi has developed a mixed-operation model, combining human-driven and autonomous vehicles, which represents the most feasible transitional solution at the current stage, successfully leading to the implementation of benchmark projects, including the world’s largest driverless mining fleet operating with manned vehicles and the world’s largest mixed-operation miningAs of 30 June 2025, the company has delivered 414 (sets of) autonomous mining trucks (systems) to customers and has received indicative orders for 647 (sets of) autonomous mining trucks (systems). The scale of deliveries and the continuous growth in order reserves further validate the maturity of its business model and its recognition in the market.Financial Advancement: Approaching the Profitability Turning PointIn recent years, CiDi has demonstrated accelerating growth in its financial performance. Revenue increased from RMB31.1 million in 2022 to RMB410 million in 2024 with a CAGR of 263.1%. In the first half of 2025, revenue further increased to RMB408 million, representing a year-on-year increase of 57.9% and sustaining robust momentum.With the increasing modularity of products and the accumulation of delivery experience, the company’s project profitability has continued to improve, driving sustained enhancement in its profitability. From 2022 to 2024, the adjusted net losses amounted to RMB159 million, RMB138 million and RMB127 million, respectively, and the adjusted net loss margin decreased significantly from 511.5% to 30.9%, which further dropped to 27.2% in the first half of 2025. As revenue scales up, the loss margin is being rapidly diluted. This trend signals that the company is steadily transitioning from a high-investment “technology validation phase” into a “scaled monetization phase”.In addition, diversified synergy has further enhanced the operational stability of CiDi. Leveraging its foundation of full-stack independent research and development integrating both hardware and software, CiDi has established three business segments such as autonomous driving, V2X, and intelligent perception. Among these, autonomous driving and V2X respectively shoulder the “intelligent” and “interconnected” missions. They support and reinforce each other, acting as the dual drivers for the implementation of high-level autonomous driving. Meanwhile, the intelligent perception business plays the role of a “cash flow supplement”. It applies mature functionalities from cutting-edge technologies to mid- to low-dimensional scenarios, such as train safety perception and commercial fleet management, enabling rapid technology monetization and providing the company with a steady stream of cash flow support.The listing of CiDi coincides with a period of triple tailwinds for the commercial intelligent driving industry, including policy support, technological maturity, and surging demand. By leveraging its unique technological architecture to precisely target closed environments, along with a validated economic model and a continuously optimized financial flywheel, CiDi has demonstrated a clear path for the industry from technological implementation to commercial closure, and from scale growth to the turning point of profitability. As the commercialization of autonomous driving truly enters a harvest phase, CiDi stands out as one of the most compelling targets for long-term capital market attention. With its platform capabilities set to replicate across more closed and semi-closed scenarios, and as it accelerates into the vast global market, its long-term growth potential is highly promising. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com














