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TransNusa Secures 19 Scheduled Flight Routes Within Three Years of Operations

TransNusa Launched 11 International Routes in 3 YearsIndonesia-based PT TransNusa Mandiri Aviation grows a strong brand with expansion focusing on international routesTransNusa focuses on international tourism island destinations to offer domestic and foreign tourists increased air connectivityTransNusa introduces four new domestic scheduled direct flights to boost connectivity from Bali to Lombok and Bima as well as between renowned diving destinations Manado to Sorong and Sorong to Timika, world’s largest gold mining islandJAKARTA, Dec 15, 2025 - (ACN Newswire via SeaPRwire.com) - TransNusa has successfully launched four new domestic routes today, securing 19 routes in total within three years of operations.TransNusa Group CEO, aviation veteran, Datuk Bernard Francis, known for his acute, unique and out-of-the-box turnaround and change management strategies, led TransNusa towards a secure yet bold growth pattern using a customized business model, which was specifically developed to suit the changing market demand after the onslaught of the pandemic.“What we envisioned for TransNusa was to build an Indonesian-based airline with strong fundamentals. Today, thanks to our hard working and diligent team, the TransNusa brand has grown to resonates confidence and trust,” said Datuk Bernard, adding that TransNusa’s shareholder, China Aircraft Leasing Group Holdings Limited (CALC) and business partners also played a large role in helping build TransNusa into the strong brand it is today.Within 6 months of its operations, TransNusa launched its first international route between Jakarta and Kuala Lumpur, followed by three additional international routes in that same year, including Singapore and China.TransNusa also implemented a milestones as well as initiated and developed new domestic routes, such as the Bali-Manado route.In addition, TransNusa  the first Indonesian airline to operate regular scheduled international flights into Guanzhou from three destinations in Indonesia.Datuk Bernard said the primary factor in the successful growth of TransNusa, in the last three years, was their goal to implement a lasting and impactful change around not just the organisation and its people but also its business model and operations.“In TransNusa, a 100% change is not possible overnight, whereas a 5% change in a moderate manner is not only more feasible but allows for a lasting change,” said Datuk Bernard, explaining that it was that principal which has been the backbone of  TransNusa's operations and growth.On the new domestic route launches, Datuk Bernard said that TransNusa hopes to provide increased connectivity and travelling options to domestic and international tourists.“We would like to play our part in boosting and increasing air connectivity within Indonesia’s internationally renowned tourism island destinations.“Our focus is in increasing direct flight to destinations that are world renowned for its unique and stunning landscape and natural offerings,” said Datuk Bernard.DATUK BERNARD FRANCIS… TransNusa's team and business partners contributed to the growth of the airline and it’s brand.Flight DetailsTransNusa’s flight from Bali to Lombok will operate two times daily beginning Monday, December 15. The TransNusa flight will depart Bali from the Denpasar International Airport at 07.30am and arrive in Lombok International Airport at 07.55am, with the return flight departing Lombok at 08.25am and arriving in Bali at 09.05am. The second TransNusa flight will depart Bali at 15.55pm and arrive in Lombok at 16.50pm, with the return flight departing Lombok at 17.20pm and arriving in Bali at 18.05pm.“We will increase the frequency of the scheduled flights for the Bali-Lombok route to three times daily on December 21.” Said Datuk Bernard.The third scheduled flight will depart Bali at 18.55pm and arrive at Lombok at 19.35pm. The scheduled flight from Lombok will depart at 20.00pm and arrive in Bali at 20.25pm.Meanwhile, TransNusa’s flight from Bali to Bima will also begin on Monday, December 15.“For the first week, we will operate one scheduled flight from Bali to Bima on Monday, Wednesday, Friday and Sunday.“Starting December 22, TransNusa will operate daily scheduled flights from Bali to Bima,” said Datuk Bernard, adding that the flight will depart Bali from the Denpasar International Airport at 09.35am and arrive at 10.35am at the Sultan Muhammad Salahuddin Airport in Bima.The return flight will depart Bima’s Sultan Muhammad Salahuddin Airport at 11.00am and arrive at Bali’s Denpasar International Airport at 12.10pm.Meanwhile, TransNusa’s schedule flight from Sorong to Timika will operate four times weekly on Monday, Tuesday, Thursday and Saturday.The flight, which will also begin on December 15, will depart Sorong from the Domine Eduard Osok International Airport at 10.50am and arrive in Timika’s Mozes Kilangin Airport at 12.10pm. The return flight will depart Timika at 12.40pm and arrive in Sorong at 14.00pm.On the much sought-after Manado-Sorong route, Datuk Bernard said that TransNusa’s will operate its scheduled flight from Manado to Sorong four times weekly.The scheduled flight from diving haven Manado will operate on Monday, Tuesday, Thursday and Saturday. The flight will depart Manado’s Sam Ratulangi International AIrport at 08.00am and arrive in Sorong’s Domine Eduard Osok International Airport at 10.20am. The return flight will depart Sorong at 14.30pm and arrive in Manado at 14.50pm.TransNusa, A Short HistoryThe 3-year old TransNusa, led by aviation expert and veteran, Datuk Bernard, made waves in the aviation industry with its unique domestic and international business development and growth strategy.Within just 6 months of operations, in 2023, the airline, known then as a new player with new rules, launched its first international route between Jakarta and Kuala Lumpur, followed by the launch of scheduled flights between Jakarta and Singapore.TransNusa, which established itself as a Premium Service Carrier, made headlines in Malaysia, Singapore, China and around the world with news of being the first airline in Indonesia to introduce new exciting routes. In 2023, during its first year of operations, TransNusa became the second Indonesian airline to receive approval to fly to China. In 2024, TransNusa became the first in the world to develop and introduce a new domestic route connecting Bali and Manado. In October 2025, TransNusa added yet another milestones by becoming the first Indonesian airline and second airline in the world to launch scheduled flights from Manado to Guangzhou, China.Media Contact:Trina Thomas RajMobile: +6012 4992672E-mail: trina@myqaseh.org Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Everest Medicines Announces Commercialization Service Agreement and License Agreement with Hasten

HONG KONG, December 12, 2025 - (ACN Newswire via SeaPRwire.com) – Everest Medicines announced on Dec. 11, 2025 that its wholly-owned subsidiary, Everest Medicines (China) Co., Ltd (“Everest Medicines China”), has entered into two strategic agreements with privately held Hasten Biopharmaceutical Co., Ltd. (“Hasten”). The first is a Commercialization Services Agreement leveraging Everest's existing sales and marketing organization to provide commercialization services for a portfolio of Hasten's mature assets.The second is a License Agreement granting Everest the exclusive license to develop, register and commercialize Lerodalcibep, a novel, small protein-binding, third-generation PCSK9 inhibitor, which is indicated as an adjunct to diet and exercise to reduce low-density lipoprotein cholesterol (LDL-C) in adults with hypercholesterolemia, including heterozygous familial hypercholesterolemia (HeFH) in Greater China.The two agreements are expected to create significant financial and strategic synergies, enhancing the operational efficiency of Everest’s existing commercial platform and accelerating the build-out of life-cycle and multi-channel commercialization capabilities. At the same time, they establish an attractive strategic footprint for the Company in the cardiovascular disease area. Through this collaboration, Everest will further strengthen its commercial foundation in China, expand market share, and inject core momentum into the long-term growth of its cardiovascular business. The potential approval of Lerodalcibep in Greater China in 2027 is expected to contribute to future revenue growth within Everest's cardiovascular portfolio.Commercialization Synergies to Strengthen Competitiveness Across a Multi-Product PortfolioEverest Medicines China will receive service fees from Hasten calculated by multiplying the net sales of each product for the applicable quarter by the applicable rate, which ranges from 20% to 55%. The proposed maximum annual caps for the transactions contemplated to be paid by Hasten for the three years ending December 31, 2028 are set at RMB 560 million in 2026, RMB 616 million in 2027, and RMB 677 million in 2028.The Commercialization Service Agreement covers six mature, commercially available products across three major therapeutic areas—critical care, cardiovascular disease, and metabolic disorders—including Rocephin(R), Stilamin(R), and Ebrantil(R) in critical care; Edarbi(R) and Blopress(R) in cardiovascular disease; and Basen(R) in metabolic disease. The portfolio is highly synergistic with Everest’s existing commercial infrastructure and strategic focus. Among them, the three core critical care products—Rocephin(R), Stilamin(R), and Ebrantil(R)—play an essential clinical role in the treatment of infectious, gastrointestinal emergency, and cardiovascular emergency conditions. Rocephin(R), for example, is a broad-spectrum, third-generation cephalosporin that has achieved coverage in more than 8,500 hospitals nationwide and holds over 80% market share, maintaining strong and sustained clinical demand in the treatment of complex infections. Notably, these transactions are expected to generate significant synergies for Everest by aligning XERAVA(R) with Hasten’s critical care portfolio — including Rocephin(R) and Stilamin(R) — across complementary geographic footprints, channel access and hospital coverage, while further strengthening the Company’s commercialization capabilities and life-cycle management of innovative medicines.With the addition of this product portfolio, the Company’s commercial presence in key therapeutic areas such as critical care and cardiovascular diseases will be further expanded, creating stronger synergies with its existing commercialization organization and providing more robust support for the scaled development and revenue growth of its commercial platform.Introduction of Lerodalcibep to Expand Strategic Footprint in Cardiovascular DiseasesThe agreement grants Everest the exclusive license to develop, register and commercialize Lerodalcibep in Greater China, together with a royalty-free, exclusive license to use Hasten's trademarks for the product in the territory. Pursuant to the license agreement, Everest Medicines China will make an initial payment of US$29 million (approximately RMB 205 million), and may pay up to US$30 million (RMB 212 million) in potential development and regulatory milestone payments and up to US$280 million (RMB1977 million) in potential sales milestones, in addition to royalties based on the total, aggregate annual net sales.Lerodalcibep, developed by privately-held and U.S.-based company LIB Therapeutics, is indicated as an adjunct to diet and exercise to reduce low-density lipoprotein cholesterol (LDL-C) in adults with hypercholesterolemia, including heterozygous familial hypercholesterolemia (HeFH). Lerodalcibep is a novel, small protein-binding, third-generation PCSK9 inhibitor, and has been developed as a more patient friendly and convenient, once-monthly, single small-volume, subcutaneous injection that will not require refrigeration at home or in travel. These features make Lerodalcibep a unique alternative to approved PCSK9 inhibitors. In large, global phase 3 clinical trials in over 2,500 patients, Lerodalcibep has demonstrated sustained LDL-C reductions of >60% in patients with, or at very-high or high risk of, cardiovascular disease (CVD) and >55% in those with heterozygous familial hypercholesterolemia (FH) who have more severe LDL-C elevations. In addition, the head-to-head LIBerate-VI study, comparing Lerodalcibep with Inclisiran, demonstrated the superiority of Lerodalcibep (p=0.0319). Lerodalcibep is expected to expand treatment options for the millions of patients around the world with CVD, including the 30 million individuals with FH. These LDL-C reductions have been confirmed in a recent phase 3 clinical trial in a Chinese population with, or at very high risk of, CVD including FH.Multiple PCSK9 inhibitors are currently approved and marketed in China, with a combined market size of approximately RMB 3 billion and year-over-year revenue growth of 95% in 2024. The market is expected to further increase to approximately RMB10 billion in 2030, according to a Frost & Sullivan report. Despite an estimated 400 million individuals in China with dyslipidemia, only ~14% receive lipid-lowering treatment, reflecting low penetration and significant unmet medical need. Lerodalcibep has patent exclusivity in China through 2039.Lerodalcibep is currently under regulatory review by both the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA).‌ In Greater China, Biologics License Application (BLA) submission is expected in 1H 2026, with the potential for approval in 2027.Everest considers Lerodalcibep an important future growth driver and a key addition to its innovative medicines portfolio. The transaction is viewed as aligned with the Company’s strategy to focus on high-potential therapeutic areas and to expand its late-stage pipeline through business development collaborations, thereby strengthening its overall portfolio.Market commentators note that the two agreements provide both near-term revenue contribution and clear longer-term growth opportunities. By leveraging its established medical, market access, marketing and sales capabilities, Everest is expected to improve the efficiency of its commercial operations and resource utilization, while further demonstrating the scalability and resilience of its commercial platform. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

2026 Hong Kong Export Growth of 8-9%, Sustained AI product demand lays solid foundation for future expansion

HONG KONG, December 11, 2025 - (ACN Newswire via SeaPRwire.com) – Hong Kong’s exports are expected to grow by between 8% and 9% in 2026, according to figures releaased today by the Hong Kong Trade Development Council (HKTDC). The forecast forms part of the HKTDC’s annual Export Outlook report and follows on from the city’s better-than-anticipated 2025 export performance.For 2026, this sustained growth is set to be driven by robust demand for AI-related electronics products. According to the findings of the recently-released HKTDC 4Q25 Export Confidence Index, the majority of exporters (53.2%) see rising demand for AI/new technology-related electronic consumer goods as the factor most likely to boost their 2026 business. This is seen as crucial given that the electronics sector, overall, accounts for more than 70% of Hong Kong’s total export value.Heightened uncertainty giving way to greater clarityThese upbeat figures are remarkable given the high year-on-year comparison base from 2025. This is because many exporters sought to frontload orders in a bid to complete shipments before the imposition of the much-anticipated US tariffs.Detailing the upshot of the tariff-related trade upheavals in particular, Irina Fan, Director of HKTDC Research, said: “While 2025 proved to be a year of heightened uncertainty, 2026 should be a year of greater clarity on global trade. With the Chinese Mainland and the US having come to a trade agreement in November, – some four months after many other nations had struck their own deals with the Trump administration – US tariffs are no longer among Hong Kong exporters' three biggest 2026 concerns.”Fan did, however, acknowledge that uncertainties remain ahead. She said that as US imports from different countries are subject to different levels of tariffs, business leaders around the world will be looking to re-organise their activities to optimise any cost advantages.Outlining what this will mean within the Asia-Pacific region, Fan said: “Chinese Mainland exports to the US will be subject to 20% reciprocal tariff rate until November 2026 [1]. This comparatively low additional tariff puts China-based suppliers, many with more mature and highly productive supply chains, on par with their Southeast Asia counterparts, while giving them a significant advantage over any country subject to a higher tariff rate.”Multi-sector expectation of continued export expansionUnderpinning Hong Kong’s anticipated 2026 export expansion are the findings of the HKTDC Export Confidence Index 4Q25, which was also released today. The two key measures of this long-established quarterly metric –the Current Performance Index (51.4) and the Expectation Index (51.9) – have both stayed above the 50-point watershed level, a clear indication that future export growth is expected.Commenting on the findings of the 4Q25 survey, Kenneth Lee, Head of the HKTDC Research’s Special Project and Business Advisory Section, said: “When it comes to  expansion plans over the next two-year period, Asia remains very much the focus. For 42.0% of respondents, the Chinese Mainland was the highest priority market, followed by the rest of Asia (30.3%) and the ASEAN bloc (18.9%). By industry, exporters in almost every sector saw scaling up their activities on the Chinese Mainland as their priority.”Beyond the headline findings of the survey, a more detailed analysis highlights good news for Hong Kong exporters in terms of both individual market prospects and the likely future success of most of the city’s key industry sectors.Positive sentiments for major markets and key industry sectorsIn specific terms, turning to the Market Expectation Sub-Index, the Chinese Mainland (57.2) and the ASEAN bloc (57.0) are still considered to have significant growth potential. Predictably, this was less the case for the US (down 1.4 to 38.0), with the uncertainties in its trade environment continuing to unsettle Hong Kong exporters.Turning to individual industries, a number of sectors have expansionary expectations for the year ahead (i.e. had  a relevant index reading of 50 or more). Topping the list is Jewellery (54.8), followed by Electronics (52.4), Timepieces (51.6) and Equipment/Materials (51.1).Despite such overall positive sentiments, the survey also points out the possibility that a number of challenges may lie ahead. Most notably, it cited rising labour and production costs (53.9%), growing logistics challenges (38.8%) and declining overseas orders on account of the general economic slowdown (38.2%) as potential future concerns.[1] On top of Trump 1.0 tariffs of ~20% on averageReferencesHong Kong 2026 Export Outlook: Sustained AI Product Demand Set to Drive 8-9% Growth Over Coming Year:https://research.hktdc.com/en/article/MjE4ODc2Mzk2NwHKTDC Export Confidence Index 4Q25: End-of-Year Figures Indicate Positive Expansion Prospects:https://research.hktdc.com/en/article/MjE4ODYyNTQwNwHKTDC Research website: https://research.hktdc.com/en/ Photo download: https://bit.ly/4oJPrPRHKTDC Director of Research Irina Fan (right) and HKTDC Section Head, Special Project & Business Advisory, Kenneth Lee (left) announced the HKTDC Export Confidence Index for 2025’s fourth quarter at a press conference todayHKTDC Director of Research Irina FanHKTDC Section Head, Special Project & Business Advisory Kenneth LeeMedia enquiriesPlease contact the HKTDC’s Communication and Public Affairs Department:Navin LawTel: (852) 2584 4525Email: navin.cm.law@hktdc.orgAgnes WatTel: (852) 2584 4554Email: agnes.ky.wat@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

CMS (867/8A8): NDA of Innovative Drug Y-3 for Injection for Acute Ischemic Stroke Accepted in China

SHENZHEN, Dec 11, 2025 - (ACN Newswire via SeaPRwire.com) - China Medical System Holdings Limited (the “Group” or “CMS”) is pleased to announce that on 11 December 2025, the New Drug Application (NDA) of Class 1 Innovative Drug Y-3 for Injection (proposed English generic name: Loberamisal for Injection) (“Y-3 for Injection” or the “Product”) has been accepted by National Medical Products Administration of the People’s Republic of China (NMPA). The Product is a brain cytoprotectant indicated for the treatment of acute ischemic stroke.With well-defined targets and clear mechanism of action, Y-3 for Injection is able to exert multiple therapeutic effects. As the world’s first brain cytoprotectant developed based on the important targets PSD95-nNOS and MPO, in the pathological processes of stroke, Y-3 for Injection acts on multiple key pathological processes of the ischemic cascade in ischemic stroke. Through multi-target, highly selective synergy, it is more conducive to exerting brain cytoprotective effects. The Product has an excellent therapeutic effect on ischemic stroke and the potential to prevent post-stroke depression and anxiety symptoms.Y-3 for Injection demonstrates excellent clinical data with excellent efficacy and a favorable safety profile. The results of Phase II clinical trial of the Product in China indicated that among patients with ischemic stroke within 48 hours of onset, patients in the Y-3 group (40mg, qd) demonstrated a significantly higher proportion of patients achieving an excellent functional outcome (mRS of 0-1) at 90 days than those in the placebo group, with a rate difference of 16%. The Phase III clinical trial of the Product in China was conducted by Beijing Tiantan Hospital, Capital Medical University as the leading site. It has enrolled nearly 1,000 patients with acute ischemic stroke within 48 hours of onset across approximately 40 research centers nationwide, aiming to evaluate the efficacy and safety of Y-3 for Injection in treating patients with acute ischemic stroke within 48 hours of onset. The Phase III clinical study met the primary efficacy endpoint, with patients achieving significant clinical benefits and an overall favorable safety profile. The key study results are planned to be presented at international academic conferences, and the full study will be published in international academic journals.The Central Nervous System (CNS) is one of the core advantageous fields of CMS, where a deeply integrated layout has been progressively established. The product portfolio has solidified the market foundation, including the marketed innovative drug VALTOCO (Diazepam Nasal Spray), the original brand drug Deanxit (Flupentixol and Melitracen Tablets), and the improved new drug ZUNVEYL (Benzgalantamine Gluconate Enteric-coated Tablets), which is currently under NDA review. The addition of Y-3 for Injection will further strengthen the product portfolio, generating highly efficient synergies in terms of expert networks and market resources. It is expected that if approved for marketing, Y-3 for Injection will bring a new generation of brain cytoprotectant with excellent efficacy and more comprehensive therapeutic effects to Chinese patients with ischemic stroke. Leveraging the successful commercialization experience and compliant and efficient operation system, the Group will accelerate the accessibility of innovative therapies to benefit more patients.More Information about Y-3 for InjectionThe pathological processes of acute ischemic stroke are highly complex and interconnected. There is an urgent clinical need for multi-target, multi-mechanism coordinated interventions to achieve more effective regulation of the complex ischemic cascade, thereby improving treatment outcomes and enhancing patients’ quality of life. Y-3 for Injection is able to uncouple PSD95-nNOS, inhibit MPO activity, and enhance the activity of α2-GABAA receptor (a subtype of GABAA receptor with antidepressant and anxiolytic effects). With this multi-target, highly selective synergistic mechanism, it is expected to achieve a technological breakthrough in the simultaneous intervention of “stroke treatment and prevention of post-stroke depression and anxiety”, making Y-3 for Injection a promising novel brain cytoprotectant with excellent efficacy and more comprehensive therapeutic effects.The results of Phase II clinical trial of Y-3 for Injection for the treatment of acute ischemic stroke were presented as an oral poster at the 10th European Stroke Organisation Conference in 2024 (ESOC 2024). It indicated that among patients with ischemic stroke within 48 hours of onset, patients in the Y-3 group (20mg, 40mg, 60mg, qd) demonstrated a significantly higher proportion of patients achieving an excellent functional outcome (mRS of 0-1) at 90 days than those in the placebo group (20mg: 67.8% vs 60.7%, 40mg: 76.7% vs 60.7%, 60mg: 70.0% vs 60.7%). Moreover, the Product showed comparable safety to placebo in acute ischemic stroke patients, exhibiting good tolerability.On 24 August 2023, the Group through its wholly-owned subsidiary entered into a Collaboration Agreement (the “Agreement”) with Neurodawn Pharmaceutical Co., Ltd. (“NeuroDawn”), a clinical needs-oriented pharmaceutical company driven by innovation and R&D. In accordance with the Agreement, the Group obtains an exclusive promotion right in mainland China, the Hong Kong Special Administrative Region, and the Macau Special Administrative Region. The term of the Agreement is permanent.About StrokeAccording to the Guideline for Prevention and Treatment of Cerebrovascular Disease (2024 Edition) issued by the National Health Commission, approximately 3.94 million new stroke cases occur in China each year, accounting for one-third of the global new cases[1]. Among these, ischemic stroke accounts for about 72%, with over 2.8 million new cases annually; the number of existing stroke patients in China has exceeded 28 million[1]. Data from China’s cause-of-death monitoring in 2021 shows that stroke-related deaths accounted for 23% of the national total deaths[1]. Over the past three decades, the disease burden of stroke-related disabilities in China has continued to increase[1]. Coupled with factors such as the accelerating aging of the population, the pressure of stroke prevention and control will further intensify in the future, posing enormous challenges to patients’ families and society[1]. In addition, post-stroke depression and anxiety are common complications of stroke, with incidence rates of approximately 30% and 25% respectively[2]. They can hinder the recovery of patients’ neurological functions, even increase the risk of death, and severely affect patients’ prognosis. Y-3 for Injection holds significant potential value for the long-term neurological function improvement and overall prognosis of a vast number of stroke patients, indicating broad market prospects.About CMSCMS is a platform company linking pharmaceutical innovation and commercialization with strong product lifecycle management capability, dedicated to providing competitive products and services to meet unmet medical needs.CMS focuses on the global first-in-class (FIC) and best-in-class (BIC) innovative products, and efficiently promotes the clinical research, development and commercialization of innovative products, enabling the continuous transformation of scientific research into clinical practices to benefit patients.CMS deeply engages in several specialty therapeutic fields, and has developed proven commercialization capabilities, extensive networks and expert resources, resulting in leading academic and market positions for its major marketed products. CMS continues to promote the in-depth development in its advantageous specialty fields, strengthening the competitiveness of the cardio-cerebrovascular/ gastroenterology/ ophthalmology/ skin health businesses, bringing economies of scale in specialty fields. Among them, the skin health business (Dermavon) has become a leading enterprise in its field, and is proposed to be listed independently on the SEHK. Meanwhile, CMS continuously promotes the operation and development of its integrated R&D, manufacturing and commercialization chain in Southeast Asia and the Middle East, capturing growth opportunities in emerging markets to support the high-quality and sustainable development of the Group.Reference1. National Health Commission of the People’s Republic of China. Guideline for Prevention and Treatment of Cerebrovascular Disease (2024 Edition) [J]. Chinese Journal of Magnetic Resonance Imaging, 2025, 16(1): 1-8. DOI: 10.12015/issn.1674-8034.2025.01.001.2. Chen Xinyu, Lyu Xiaohan, Li Ruina, et al. Post-Stroke Anxiety [J]. International Journal of Cerebrovascular Disease, 2022, 30(2): 129-133. DOI: 10.3760/cma.j.issn.1673-4165.2022.02.010.CMS Disclaimer and Forward-Looking StatementsThis press release is not intended to promote any products to you and is not for advertising purposes. This press release does not recommend any drugs, medical devices and/or indications. If you want to know more about the diagnosis and treatment of specific diseases, please follow the opinions or guidance of your doctor or other medical and health professionals. Any treatment-related decisions made by healthcare professionals should be based on the patient’s specific circumstances and in accordance with the drug package insert.This press release which has been prepared by CMS does not constitute any offer or invitation to purchase or subscribe for any securities, and shall not form the basis for or be relied on in connection with any contract or binding commitment whatsoever. This press release has been prepared by CMS based on information and data which it considers reliable, but CMS makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this press release. Certain matters discussed in this press release may contain statements regarding the Group’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. Any forward-looking statements and projections made by third parties included in this press release are not adopted by the Group and the Company is not responsible for such third-party statements and projections.Media ContactBrand: China Medical System Holdings Ltd.Contact: CMS Investor RelationsEmail: ir@cms.net.cnWebsite: https://web.cms.net.cn/en/home/ Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Focus Graphite Achieves 99.9996 wt.% Ultra-High Purity and 2.03 ppm EBC in Follow-On Testing

5N+ Purity and On-Spec EBC Confirm Lac Knife's Potential as a North American Source of Ultra-High-Performance Graphite ApplicationsOttawa, Ontario--(ACN Newswire via SeaPRwire.com - December 11, 2025) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company") a Canadian developer of high-grade flake graphite deposits and innovator of next-generation battery technology, is pleased to announce that follow-on purification and elemental analysis of material from its Lac Knife deposit (concentrate Lot ID: GN25073005) achieved 99.9996 wt.% ("5N+") and an Equivalent Boron Concentration ("EBC") of 2.03 ppm, confirming the material is within nuclear-grade specification and meets the technical thresholds required for several high-value advanced materials markets.The test work, conducted using electrothermal purification with no halogen gases (e.g. chlorine) or acids, produced this ultra-pure result in two (2) hours, further validating a chemical-free, environmentally advantageous pathway compared to conventional purification methods. These results directly support Focus's ongoing engineering and scale-up programs funded under Natural Resources Canada's ("NRCan") Global Partnerships Initiative ("GPI"), under which the Company was awarded a non-repayable contribution of up to $14.1 million to accelerate North American capacity for clean, advanced material processing.Subsequent elemental analysis calculated in accordance with ASTM C1233-15: Standard Practice for Determining Equivalent Boron Contents of Nuclear Materials yielded an Equivalent Boron Concentration ("EBC") of 2.03 ppm (Table 1), which falls below the critical 3 ppm threshold often cited for nuclear-grade graphite applications. The calculated EBC value is the most critical test of purity for nuclear industry use.These results suggest that Lac Knife graphite has the potential to serve markets requiring ultra-high-purity large and jumbo flake natural graphite. Achieving both 5N+ purity and a high proportion of large-flake concentrate is uncommon in the natural graphite industry and may provide Focus with opportunities in markets historically reliant on synthetic graphite or otherwise inaccessible to peers. These findings are consistent with peer-reviewed research published in ACS Omega ("Ultrahigh Temperature Purification of Graphite for the Development of a Continuous Process," ACS Omega, 2025), conducted by American Energy Technologies Company ("AETC") and NRCan, which demonstrated that ultrahigh-temperature purification of natural Canadian graphite can produce materials exhibiting purity and crystallinity suitable for advanced applications. Focus's ongoing testwork indicates that residual impurities appear primarily on the surface of the graphite flake—as evidenced by ultra-fine features observed through scanning electron microscopy—suggesting that purification efficiency is strongly influenced by surface cleaning dynamics rather than structural defects within the carbon lattice.Dean Hanisch, Chief Executive Officer of Focus commented, "These results validate Lac Knife as one of the rare unique natural graphite deposits capable of competing in high margin advanced technological markets and as a potential alternative to synthetic materials that are more expensive and have a larger environmental impact. With support from Canada's Federal Government, through Natural Resources Canada's Global Partnerships Initiative, we are now positioned to accelerate our scale-up work and unlock commercial pathways across nuclear energy, defense systems, graphene production, and next-generation electronics."Lac Knife graphite's combination of ultra-high purity and large flake distribution positions it for a range of advanced industrial, clean energy, and high-technology applications.Unlocking Advanced Markets Beyond NuclearBeyond nuclear applications, the ultra-high purity and medium-grain morphology of Lac Knife graphite position the material as a strategic feedstock for several advanced technology markets facing supply shortages, performance bottlenecks, and increasing scrutiny over material purity.Graphene & Few-Layer Graphene (FLG) ProductionIn the graphene sector, precursor quality is the primary determinant of performance. Impurities commonly found in natural graphite—typically 0.5-1 microns in size, or roughly one thousand (1000) times thicker than a graphene layer—are known to disrupt electrical, thermal, and mechanical properties unless fully removed. Lac Knife's 5N+ purity eliminates these defects at the source, allowing the flake to exfoliate cleanly into high-value graphene structures.Peer-reviewed research published in Carbon ("Influence of graphite geography on the yield of mechanically exfoliated few-layer graphene," Carbon, 2023) demonstrates the significance of geological origin in FLG production. In follow-on AETC—Yale University testing based on the methodologies outlined in that study, Lac Knife graphite achieved a record-high few-layer graphene yield of 22% ± 3%, outperforming all other natural samples evaluated and showing exfoliation behavior that synthetic graphite could not replicate.Taken together, these results position Lac Knife as one of the few North American natural flake sources capable of supplying advanced graphene markets, including conductive coatings, EMI-shielding materials, flexible electronics, sensors, and next-generation energy storage systems.Defence: IR Obscuration & Countermeasure SystemsThe defence sector presents another major opportunity. Modern warfare increasingly requires materials capable of obscuring both visible and infrared signatures. Traditional obscurants—such as bronze flakes, titanium dioxide, and red phosphorus—pose toxicity, safety, and performance challenges. High-purity graphite and graphene derived from Lac Knife offer a lightweight, non-toxic, and thermally stable alternative capable of generating rapid-dispersion and longer-lasting obscurant clouds.These materials are applicable to 40 mm muzzle-blast cartridges, airburst obscuration rounds for UAVs and rotorcraft, countermeasure dispenser systems, and naval surface-ship defence platforms. The U.S. Department of War currently procures graphene-based obscurants at approximately US$30,000 per ton, reflecting both strategic importance and limited supply. Lac Knife's purity is essential here, as impurities directly interfere with graphene formation and degrade obscurant performance.Stealth Coatings & Electromagnetic Protection SystemsUltra-high purity graphite also plays a critical role in stealth coatings and electromagnetic protection systems. Engineered systems operating across the 400 MHz to 30 GHz spectrum require materials that deliver highly reproducible electrical conductivity, thermal stability, and particle uniformity.These coatings and composites are used in radar-absorbing structures for stealth UAVs, thermal-vision targeting systems, and a range of low-observable technologies. Because deviations in graphite purity can compromise system reliability or operator safety, defence and shielding markets pay substantial premiums—often up to US$50,000 per ton—for 5N-grade material. Lac Knife's combination of purity, consistency, and grain structure aligns closely with these stringent requirements and allows for further refinement into fine, superfine, ultrafine, or microfine grades without compromising integrity.Critical Infrastructure Hardening (HEMP, IEMI and Geomagnetic Storms)The same purity advantages extend into critical infrastructure protection. As governments and utilities work to harden electrical grids, substations, and 5G networks against high-altitude electromagnetic pulses (HEMP), intentional electromagnetic interference (IEMI), and severe geomagnetic storms, materials must perform reliably across high-frequency ranges and under extreme operating conditions.Graphite-based shielding and coatings designed for these systems rely on predictable, reproducible material behavior—standards that only ultra-high purity graphite can meet. Lac Knife's 5N+ output offers the reliability required for these mission-critical applications.Additional High-Value Markets Enabled by 5N+ PurityIn addition to these strategic sectors, Lac Knife's purity profile and particle characteristics also unlock potential in several high-value industries, including thermal management components for semiconductors and LEDs, high-pressure synthetic diamond production, PEM and SOFC fuel-cell bipolar plates, and laboratory-grade graphite consumables where contamination must be tightly controlled. In each of these markets, ultra-high purity reduces defects, increases stability, and improves overall system performance, enabling natural graphite to compete directly with synthetic alternatives.Next Steps in Technical ValidationFocus is advancing a comprehensive technical qualification program to further define Lac Knife's suitability for nuclear and advanced material markets. Ongoing nuclear graphite testing includes detailed characterization of particle size distribution, compressibility, electrical resistivity, and coefficient of friction—parameters that determine whether a graphite material can perform reliably under the thermal, mechanical, and irradiation stresses present in high-temperature reactor environments. The Company expects to fabricate and evaluate near-net-shape graphite bricks, an essential step toward assessing Lac Knife material in full-scale core component geometries and within ASME Division 5 design criteria.In parallel, Focus is extending its validation program—supported through NRCan's Global Partnerships Initiative ("GPI")—advanced materials markets. Current work programs under consideration include assessing Lac Knife graphite as a precursor for high-yield graphene, nano-wafer substrates, thin-film semiconductors, next-generation electronic components, and aerospace composites, including unmanned aerial systems (UAS). These sectors demand highly reproducible, ultra-high-purity carbon materials traditionally sourced from synthetic graphite. Early results indicate that Lac Knife's 5N+ natural graphite may offer a technically competitive—and potentially more sustainable—North American alternative to synthetic feedstocks across multiple high-value applications.ElementImpurity Limit (mg/kg)EBC FactorEBC CalculationAg0.050.00830.000415Al10.00010.0001B0.1210.12Ca0.360.00020.000072Cd50.31721.586Cl1.50.01340.0201Co0.050.00890.00445Cr0.120.00080.000096Cu0.250.00080.0002Dy0.050.08180.00409Eu0.10.4250.0425Fe0.210.00060.000126Gd0.054.39910.219955K0.60.00080.00048Li0.030.14390.004317Mn0.120.00340.000408Mo0.150.00040.00006Na0.0850.00030.0000255Ni0.180.00110.00198S1.40.00020.00028Si1.460.00010.000146Sm0.050.53360.02668Th0.010.00050.000005Ti0.530.00180.000954U0.050.00050.000025V0.080.00140.000112    Total  2.0277895 Table 1: EBC Calculation, Thermally Purified Lac Knife Lot ID: GN250730005Figure 1: Particle Size Distribution, Thermally Purified Lac Knife Lot ID: GN250730005To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/1963/277711_279dc9a07490cbe0_001full.jpgTap DensityScott VolumeSurface AreaLOI    g/ccg/ccm2 /gWt. % C0.60.41.499.9996 Table 2: Data, Thermally Purified Lac Knife Lot ID: GN250730005% TileSize (um)D10105.2D50337.3D90673.8MV368.5 Table 3: Data (2), Thermally Purified Lac Knife Lot ID: GN250730005Qualified PersonDr. Joseph Doninger, Director of Technology and Manufacturing for Focus Graphite, is the Qualified Person ("QP") as defined under National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Dr. Doninger has reviewed and approved the technical information contained in this news release. Dr. Doninger is a chemical engineer and the developer or co-developer of multiple U.S., European, and Canadian patents relating to carbon processing technologies and purification equipment. He has authored or co-authored more than two dozen technical papers and studies on graphite composite anodes, carbon-based materials for electrochemical energy storage systems, and advanced graphite for lithium-ion batteries.About Focus Graphite Advanced Materials Inc. Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defense, and advanced materials industries.Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining - we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.Our commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals - reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.For more information on Focus Graphite Inc. please visit http://www.focusgraphite.com.LinkedIn: https://www.linkedin.com/company/focus-graphite/ X: https://x.com/focusgraphiteInvestors Contact: Dean Hanisch CEO, Focus Graphite Inc. dhanisch@focusgraphite.com +1 (613) 612-6060Jason LatkowcerVP Corporate Developmentjlatkowcer@focusgraphite.comCautionary Note Regarding Forward-Looking StatementsCertain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated," and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events.In particular, this press release contains forward-looking information regarding, among other things, the anticipated performance and downstream applicability of ultra-high-purity graphite derived from the Lac Knife project; the potential for 5N+ purification results and nuclear-grade Equivalent Boron Concentration ("EBC") values to be replicated at larger scale; the implications of testwork conducted under Natural Resources Canada's Global Partnerships Initiative ("GPI") and the expected outcomes of related engineering, scale-up, and validation programs; the ability of Lac Knife graphite to meet nuclear, graphene, defense, electromagnetic shielding, thermal management, semiconductor, and other advanced material specifications; the potential commercial pathways associated with supplying high-purity natural graphite as an alternative to synthetic graphite; and the Company's strategy to position itself within North American supply chains for clean energy, advanced manufacturing, aerospace, and critical infrastructure markets.Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company's public disclosure documents available under its profile on SEDAR+.The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277711 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Dr. Teck Lim Chia, Chairman and CEO of CBL International, Honored at the Prestigious Directors of the Year Awards

KUALA LUMPUR, December 11, 2025 - (ACN Newswire via SeaPRwire.com) – CBL International Limited (NASDAQ: BANL) (the “Company” or “CBL”), the listing vehicle of the Banle Group (“Banle” or “the Group”) is honored to announce that Dr. Teck Lim Chia, Chairman and Chief Executive Officer of CBL International Limited, has been selected as an Awardee in the Directors of the Year Awards – Listed Companies Executive Directors category, presented by the Hong Kong Institute of Directors (HKIoD).This esteemed accolade follows a comprehensive evaluation by an independent panel of judges comprising senior business leaders, governance experts, and institutional investors. The award recognizes Dr. Chia’s outstanding contributions to corporate governance, exemplary board leadership, and his proven track record in driving sustainable value creation for shareholders and stakeholders.The HKIoD Directors of the Year Awards are among Asia’s most respected honors in corporate governance. Awardees are chosen based on demonstrated excellence in strategic oversight, ethical leadership, transparency, and long-term sustainable performance—all hallmarks of Dr. Chia’s tenure at CBL International. As Chairman and CEO, Dr. Chia has led the Group through a period of transformative growth while embedding governance excellence into the company’s core. Under his stewardship, CBL has strengthened its investor relations framework, enhanced ESG disclosures, deepened stakeholder engagement, and maintained rigorous compliance with international standards throughout its expansion across Asia Pacific, Europe, Central America and Africa.In accepting the award, Dr. Teck Lim Chia said: “I am deeply humbled and grateful to receive this prestigious recognition from the Hong Kong Institute of Directors. This honor belongs not to me alone, but to our entire board, management team, and employees who share a relentless commitment to integrity, innovation, and responsible growth. At CBL, we believe governance is not a box to check — it is the compass that guides every decision. I will continue to lead with purpose, accountability, and vision, always placing the long-term interests of our stakeholders first.”The Board of CBL International expressed its pride in Dr. Chia’s achievement: “Dr. Chia’s leadership has been instrumental in shaping CBL into a globally recognized, governance-forward enterprise. His ability to balance strategic ambition with disciplined oversight exemplifies what modern corporate leadership should be. We congratulate him on this well-deserved honor.”Photo caption: Dr. Teck Lim Chia (right), Chairman and CEO of CBL International Limited, honored at the Directors of the Year Awards – Listed Companies Executive Directors category by the Hong Kong Institute of Directors (HKIoD).Photo caption: The trophy for Directors of the Year Awards – Listed Companies Executive Directors category by the Hong Kong Institute of Directors (HKIoD).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.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

Cloudbreak Pharma Soars 80%+ on Multiple Catalysts, Driving Value Re-Rating

HONG KONG, December 11, 2025 - (ACN Newswire via SeaPRwire.com) – Since 2025, driven by both policy tailwinds and fundamental strengths, the innovative drug sector in the Hong Kong stock market has experienced a valuation recovery. Although it experienced some correction in the second half due to external environmental factors, its overarching growth logic remains intact. Institutional analysis indicates that innovative drugs continue to represent the clearest industry trend within the pharmaceutical sector, with promising development prospects ahead.Among the players, Cloudbreak Pharma (2592.HK), a biotech company focused on ophthalmology, has recently demonstrated strong stock performance. As of December 9, its share price closed at HK$8.24, having accumulated a gain of over 80% in approximately two weeks, and making it a standout "star stock" in the capital markets. This impressive performance is not coincidental but rather the inevitable result of multiple positive catalysts converging, including breakthroughs in its core product pipeline, enhancements to its global intellectual property (IP) layout, and an upgrade of its core management team.Securing Another Victory in Patent Layout, Accelerating Commercialization of Core ProductOn November 27, Cloudbreak Pharma's wholly-owned subsidiary, ADS Therapeutics LLC, successfully secured two core patents in Japan and Europe. Both patents relate to ophthalmic topical compositions and their uses for the core product CBT-009, laying a legal foundation for its global commercialization.As a novel atropine ophthalmic formulation for treating myopia in children and adolescents aged 5 to 19, CBT-009, with its unique non-aqueous formulation design, demonstrates potential advantages over traditional aqueous formulations in terms of drug stability, safety, and patient tolerability, positioning it as a potential best-in-class product. Currently, the product's development is progressing steadily. It received U.S. FDA approval to initiate Phase 3 clinical trial in September 2024. Juvenile animal toxicity studies in China commenced in February 2025, and preparations for Phase 3 clinical trial are actively underway.The grant of these patents in Japan and Europe not only strengthens the global IP portfolio for CBT-009, but will also accelerate its commercialization process. Leveraging patent protection, the Company has the potential to establish partnerships with global pharmaceutical giants to advance the product's production and distribution in key markets like Japan and Europe, accelerating global market penetration. Given the severity of the global adolescent myopia issue, CBT-009 is expected to become a core engine for the Company's future performance growth.Pipeline Progress Across Multiple Fronts; CBT-004 Advances Towards Phase 3Beyond CBT-009, another promising drug candidate from Cloudbreak Pharma, CBT-004, has also reached a significant milestone. As a potential first-in-class drug for vascularized pinguecula, CBT-004 uses Multi-Kinase Inhibitor targeting Vascular Endothelial Growth Factor Receptor (VEGFR) and Platelet-Derived Growth Factor Receptor (PDGFR). According to the Company's latest disclosures, CBT-004 yielded positive results in a Phase 2 clinical trial evaluating its safety and efficacy in treating pinguecula. The Company has begun advancing its Phase 3 clinical development and is scheduled to meet with the United States Food and Drug Administration (the “FDA”) on December 10 (Pacific Standard Time, PST) at an End-of-Phase 2 meeting to establish a regulatory pathway for potential approval.It is understood that there are currently no approved drugs globally specifically for treating vascularized pinguecula. Existing treatment options mostly offer temporary symptomatic relief, leaving significant unmet clinical needs. Should CBT-004 successfully complete development and gain approval, it would become the first targeted therapy, rapidly capturing market share with its unique efficacy advantages. This would create a new revenue stream for the Company while further solidifying its leading position in the field of ophthalmic innovative drugs.Strengthened Executive Team Elevates Commercialization CapabilitiesThe success of innovative drugs relies not only on R&D prowess but also on robust commercialization capabilities to realize their value. On December 1, 2025, Cloudbreak Pharma announced the official appointment of Mr. Michael Rowe as its new Chief Business Officer (CBO), injecting key momentum into the Company's global commercial strategy.Public information shows that Mr. Michael Rowe possesses substantial hands-on commercialization experience across senior management, marketing, sales management, and clinical operations. He is particularly skilled in driving organizational efficiency and achieving breakthroughs in innovative business areas. His industry resources and operational capabilities are expected to bring comprehensive enhancements to the Company.This executive appointment coincides with Cloudbreak Pharma’s core products entering a critical preparatory phase for commercialization. Mr. Michael Rowe's joining will strengthen the Company's business development capabilities in European and American markets, accelerating the construction of its global commercial footprint. Currently, through collaborations with companies such as Grand Pharmaceutical Group and Santen, Cloudbreak Pharma has established a commercialization foundation in Greater China and the Asia-Pacific region (excluding China). With the new CBO onboard, the Company is poised to further expand its global partnership network, optimize commercialization strategies, and provide robust support for the market entry of its multiple core products.With Sustained High Industry Growth, Valuation Re-rating Potential RemainsIn recent years, the global incidence of ophthalmic diseases has continued to rise. Conditions like pterygium and adolescent myopia affect hundreds of millions of patients, while the supply of innovative drugs in related treatment areas remains severely inadequate, indicating a vast unmet market need. Concurrently, governments worldwide are increasing support for pharmaceutical innovation, providing a favorable policy environment for high-quality innovative drug companies. Within the Hong Kong stock market, the innovative drug sector is experiencing a favorable trend of valuation re-rating. Companies with solid R&D pipelines, clear commercialization pathways, and core competitiveness are seeing gradually rising valuation expectations.As an innovative drug company dedicated to ophthalmology, Cloudbreak Pharma has built a rich pipeline covering 8 drug candidates targeting major diseases in both the anterior and posterior segments of the eye, forming a diversified product matrix. With steady progress in R&D and an increasingly refined global commercialization strategy, the Company already exhibits scarce growth attributes. The recent short-term surge in its stock price, catalyzed by multiple positive factors, is merely the beginning of value release. As these favorable initiatives are further implemented and pipeline value continues to be realized, Cloudbreak Pharma is poised to achieve dual enhancement in both performance and valuation. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Nasdaq Verafin Joins Global Anti-Scam Alliance

THE HAGUE, NETHERLANDS, Dec 10, 2025 - (ACN Newswire via SeaPRwire.com) - The Global Anti-Scam Alliance (GASA) is pleased to announce that Nasdaq Verafin has joined GASA as a Foundation Member, strengthening the global effort to combat scams, financial crime, and digital fraud. As fraud tactics continue to evolve across borders and digital channels, cross-sector collaboration has become essential to protecting consumers and building safer financial ecosystems.Nasdaq Verafin's participation marks a meaningful step forward in the shared mission to advance trust, transparency, and resilience across the globe. In addition to joining the global effort, Nasdaq Verafin will join both the Brazil and Mexico chapters of GASA to partner with stakeholders across the financial ecosystem in Latin America, bolstering regional initiatives to combat financial crime."Criminals are innovating at an unprecedented rate, taking advantage of information siloes and the shortcomings of legacy technology to avoid detection. We are at an inflection point in the fight against financial crime, one that requires the entire ecosystem to come together, leveraging the power of collective intelligence to strengthen our defenses and better protect consumers around the globe. We look forward to partnering closely with the Global Anti-Scam Alliance to share innovative solutions, intelligence, and global expertise to the unique challenges financial institutions in Brazil and Mexico face," said Mauriceo Castanheiro, Head of International Payments Fraud at Nasdaq Verafin.Nasdaq Verafin is a global leader in financial crime management technology solutions, trusted by more than 2,700 financial institutions around the globe. The company's innovative approach combines consortium data, AI, and machine learning to deter, detect, and prevent criminal activity. Nasdaq Verafin's consortium approach uncovers hidden risks across the financial system, leveraging data and insights from across 800 million counterparties to improve fraud detection and prevention while reducing false positives."Having Nasdaq Verafin join the Global Anti-Scam Alliance as a Foundation Member is a milestone for our organization and for the global fight against scams. Their deep expertise in leveraging technology to more efficiently and effectively detect criminal activity brings a new level of insight and influence to our mission. With Nasdaq Verafin's partnership, and their representatives joining the boards of our Brazil and Mexico Chapters, we are strengthening our ability to connect global knowledge with local action. Together, we can help shape stronger policies, accelerate industry collaboration, and build the foundations of a scam free future." said Jorij Abraham, Managing Director of GASA."The addition of Nasdaq Verafin as a Foundation Member is not only a milestone for the Brazil Chapter, it is a strong endorsement of the relevance of our market and the seriousness of the work we have been building from day one. We are starting our journey already alongside a globally recognized institution known for excellence, innovation, and a deep commitment to integrity. This partnership strengthens our ability to translate global expertise into local impact and accelerates our mission to raise the standard of collaboration in the fight against scams and financial crime in Brazil." said Renata Salvini, Chapter Director for Brazil."With 76 percent of Mexican adults victimized by scams and 139 billion pesos lost annually, according to the 2025 State of Scams in Mexico Report, 2026 will be devastating. AI democratized productivity but industrialized fraud, this isn't a prediction, it's a countdown. Combating this epidemic requires integrated defenses where early detection triggers coordinated action across digital platforms, telecommunications, finance, and authorities. Nasdaq Verafin's addition to GASA Mexico bridges the gap between technology and coordination. Without systemic collaboration, our economic system remains vulnerable. This strengthens our multistakeholder commitment to essential stability", added Sissi de la Peña, Chapter Director for Mexico.Through this partnership, Nasdaq Verafin executives will join the Chapter Advisory Boards of GASA Mexico and Brazil. As a Foundation Member, Nasdaq Verafin will collaborate with GASA and its members, bringing insights from more than two decades of stopping financial crime to develop innovative new strategies that protect consumers from fraud and scams.To learn more about Nasdaq Verafin's approach to financial crime detection and prevention, visit www.verafin.com.About the Global Anti-Scam Alliance (GASA)The Global Anti-Scam Alliance is a non profit organization whose mission is to protect consumers worldwide from scams. GASA brings together policymakers, law enforcement agencies, consumer authorities, NGOs, the financial sector, telecom operators, internet platforms, service providers, and cybersecurity organizations to share insights, uncover emerging scams, and promote coordinated action against fraud. Learn more at https://www.gasa.org.About Nasdaq VerafinNasdaq Verafin provides Financial Crime Management Technology solutions for Fraud Detection and Management, AML/CFT Compliance and Management, High Risk Customer Management, Sanctions Screening and Management, and Information Sharing. More than 2,700 financial institutions, representing 11 trillion dollars in collective assets, use Nasdaq Verafin to prevent fraud and strengthen AML/CFT efforts. Visit www.verafin.com to learn more.Cautionary Note Regarding Forward-Looking Statements:Information set forth in this release contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements can be identified by words such as "will", "may" and other words and terms of similar meaning. Such forward-looking statements include, but are not limited to, statements related to future actions and expected results. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq's control. These risks and uncertainties are detailed in Nasdaq's filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq's investor relations website at http://ir.nasdaq.com and the SEC's website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.© 2005 Nasdaq, Inc. The Nasdaq logo and the Nasdaq ‘ribbon' logo are the registered and unregistered trademarks, or service marks, of Nasdaq, Inc. in the U.S. and other countries. All rights reserved. This communication and the content found by following any link herein are being provided to you by Nasdaq, Inc. and/or certain of its subsidiaries (collectively, "Nasdaq"), for informational purposes only. Nasdaq makes no representation or warranty with respect to this communication or such content and expressly disclaims any implied warranty under law. At the time of publication, the information herein was believed to be accurate, however, such information is subject to change without notice. Nothing herein shall constitute a recommendation, solicitation, invitation, inducement, promotion, or offer for the purchase or sale of any investment product, nor shall this material be construed in any way as investment, legal, or tax advice, or as a recommendation, reference, or endorsement by Nasdaq.GASA Media ContactMetje van der MeerMarketing Directormetje.vandermeer@gasa.org+31 6 48456282Nasdaq Contact:Nick EghtessadCorporate Communicationsnick.eghtessad@nasdaq.com+1 929 996-8894SOURCE: Global Anti-Scam Alliance Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

TIS Helps Treasury Teams Navigate the Ongoing ISO 20022 Transition After the 2025 Banking Deadline

BERLIN, Germany, Dec 10, 2025 - (ACN Newswire via SeaPRwire.com) - Treasury Intelligence Solutions (TIS), a leading cloud-based platform for payments and cash management, is future-proofing organizations with specialized translation services in the wake of the recent November 2025 ISO 20022 deadline. A major turning point for the financial industry, SWIFT now requires banks to move their cross-border payment messages to ISO 20022. As a result, treasury teams are already seeing differences in how their banks send and receive payment information. Adapting to these changes will require a strategic approach to modernizing systems and processes.ISO 20022 replaces a patchwork of older standards with a single approach to structuring payment data. The new universal standard is designed to reduce confusion across markets, improve data quality, and support the level of transparency that regulators around the globe now expect.Moving to ISO 20022 payments takes time and strategic vision, especially when legacy systems, ERP, and payment systems were not built with structured data in mind. Updating those requires planning and coordination across several internal teams."ISO 20022 is a major industry shift, but it shouldn't disrupt the way companies operate day-to-day," said Wouter De Bie, Chief Technology Officer at TIS. "Our priority is making this transition seamless. By leveraging our platform's ability to translate payment files into bank-specific formats and automatically populate ISO-required fields, we give treasury teams the flexibility to adapt at their own pace. This approach ensures stability, reduces risk, and empowers organizations to meet new standards without costly system overhauls or last-minute fixes."The TIS platform leverages more than 140,000 bank-specific profiles to provide comprehensive coverage of ISO bank formats. In addition, an innovative AI-powered solution addresses ISO-specific requirements such as structured address information for corporate beneficiaries. Companies that begin now to update their data and payment workflows will be better prepared for the larger changes still ahead. Those that don't may face frustrating problems like message truncation, rejected payments, and slower processing times as unstructured formats are phased out."We're already seeing the benefits of a proactive approach to ISO 20022," said Jon Paquette, Chief of Strategy at TIS. "Organizations using our platform have implemented early bank-driven changes without payment failures or costly rework and are also leveraging our statement format conversion capabilities to avoid disruptions in reconciliation and cash applications as banks sunset MT formats and introduce CAMT. This proves that with the right tools, companies can prepare for full ISO adoption on their own timelines - maintaining stability while meeting evolving standards."About TISTIS helps CFOs, Treasurers, and Finance teams transform their global cash flow, liquidity, and payment functions. Since 2010, our award-winning cloud platform and best-in-class service model have empowered the entire office of the CFO to collaborate more effectively and attain maximum efficiency, automation, and control. TIS enables users to achieve superior performance in key areas surrounding cash forecasting, working capital, outbound payments, financial messaging, fraud prevention, payment compliance, and more.To learn how TIS can support your ISO 20022 transition, contact us today.CONTACT:Blair Romain+496227698240blair.romain@tispayments.comSOURCE: Treasury Intelligence Solutions Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Trio AI Partners with AbbyPay, a Member of PCG, to Pioneer the Future of AI-Powered Payments

HONG KONG, December 10, 2025 - (ACN Newswire via SeaPRwire.com) – As artificial intelligence (AI) rapidly permeates industries worldwide, Trio AI Limited (“Trio AI”), a leading AI infrastructure service provider in Asia, signed a Memorandum of Understanding (“MoU”) with AbbyPay, a POS-free digital payment brand under The Payment Cards Group Limited (“PCG”), a cloud-native payment processor and acquirer, on November 26. This marks the official commencement of their strategic partnership as they jointly advance into a new era of AI-driven payments.Rooted in Hong Kong, Trio AI operates secure, advanced, and scalable AI computing platforms that deliver reliable, cost-efficient AI infrastructure supporting end-to-end model applications and flexible business models. PCG is a trusted acquirer with principal memberships in all major card schemes and e-wallet networks. It also operates Asia’s first cloud-based processing and settlement platform. Leveraging their complementary strengths, the partnership will combine Trio AI’s cutting-edge AI technology with AbbyPay’s payment expertise to deeply integrate AI into payment processing. Together, they will develop innovative intelligent solutions, establish hard-to-replicate competitive advantages, and build a smarter, more secure, and more efficient next-generation payment ecosystem.Leveraging deep AI integration to address pain points and establish unique competitive edgeThe core of this partnership lies in deeply embedding AI into every aspect of payment processing to fundamentally enhance security, efficiency, and value. According to the MoU, key collaborative initiatives include: real-time intelligent fraud detection, optimized transaction routing and risk decisions, and deployment of highly scalable global infrastructure to support AbbyPay’s rapid transaction volume growth and establish a solid foundation for global business expansion. Leveraging Trio AI’s exceptional capabilities in machine learning, data analytics, and cloud computing, AbbyPay is set to comprehensively enhance its payment processing platform.For merchants, this partnership represents an intelligent transformation of operational models, comprehensively enhancing security, user experience, and operational efficiency to address critical pain points. Through machine learning and big data analytics, AbbyPay’s payment processing system can analyze transaction amounts, locations, times, and device information to instantly identify abnormal transactions, preventing fraud and scams. Meanwhile, dynamic risk scoring models adjust risk strategies and additional verification needs in real time based on transaction, merchant, and user risk levels to ensure overall security. At the same time, AI-driven process automation supports reconciliation, preliminary review of abnormal transactions, and compliance checks, further reducing operational costs and improving risk management decision efficiency. By introducing AI-powered biometric verification such as facial and fingerprint recognition, the platform provides a safer and more convenient payment experience while helping merchants precisely target customer segments, optimize marketing strategies, and enhance operational efficiency.This strategic partnership also lays a robust, future-proof foundation for AbbyPay’s global expansion. Leveraging Trio AI’s highly scalable global cloud infrastructure and computing power, AbbyPay’s payment processing platform is poised to gain exceptional resilience and capacity to handle exponential transaction growth. This positions AbbyPay to optimize services in existing markets while expanding into emerging markets with agility and stability, capturing vast opportunities in the global digital payment market and unlocking immense growth potential.David Chung, Chief Executive Officer of Trio AI, stated, “This partnership will fully unleash the potential of AI to power a comprehensive upgrade in payment processing. Built on Trio AI’s advanced AI infrastructure platform, we will work with AbbyPay to develop a robust and scalable payment processing system that enables quicker and more intelligent transaction handling while enhancing fraud protection. Together, we aim to deliver a seamless, intelligent payment experience for global markets, transforming AI into tangible business value.”Beatrice Tai, Co-Founder and Chief Operating Officer of PCG, stated, “We stand at a pivotal moment in payment technology transformation. Our strategic partnership with Trio AI represents not just a technological upgrade, but our shared commitment to the future of payments. By deeply integrating AI into payment processing, we will achieve breakthroughs in risk management, operational efficiency, and user experience. With AI fueling next-generation fintech development, AbbyPay aims to spearhead industry transformation through innovative AI-driven solutions, delivering unprecedented intelligent payment experience to merchants and advancing Hong Kong as a world-class smart city.”David Chung, Chief Executive Officer of Trio AI (right) and Beatrice Tai, Co-Founder and Chief Operating Officer of PCG (left) sign the MoU at the AbbyPay launch event.AbbyPay SoftPOS solution now available on Google PlayIn addition to the MoU, PCG announced the official launch of AbbyPay SoftPOS solution on Google Play. Through SoftPOS technology, AbbyPay instantly transforms NFC-enabled Android smartphones into payment devices, eliminating the high investment, complex operation, and maintenance costs of traditional POS terminals. Merchants can simply download the app and pay a transaction fee to accept payments anywhere, anytime. Moreover, AbbyPay supports over 14 major payment methods including VISA, Mastercard, FPS, Alipay, and WeChat Pay, and holds security certifications such as PCI DSS Level 1 and CPoC standards, ensuring secure payments for both consumers and merchants. The event attracted numerous industry representatives with enthusiastic response. The strategic partnership with Trio AI, coupled with the official launch of the AbbyPay SoftPOS solution marks a significant milestone for PCG in advancing payment technology innovation and global expansion.PCG showcases the AbbyPay SoftPOS solution to members of the industry at the launch event.About The Payment Cards GroupThe Payment Cards Group Limited (“PCG”) is an innovative and leading payment technology company with operations in Hong Kong, Singapore, and across the Asia-Pacific region. Established in 2016, PCG has become a trusted acquirer with principal memberships in all major card schemes and e-wallet networks. Through its integrated group platform, PCG provides end-to-end digital payment acceptance, cloud-native processing via RESTful APIs, and payment facilitation services that deliver comprehensive, data-driven solutions to small and medium-sized enterprises. PCG also offers SoftPOS technology that empowers individual merchants to accept contactless payments directly on mobile devices without traditional POS terminals, while enabling payment service providers to launch their own branded SoftPOS offerings through PCG's Payment Facilitator-as-a-Service (PFaaS) platform. In addition, PCG is pioneering next-generation stablecoin settlement capabilities to prepare merchants for the future of regulated digital money. As an acquiring processor, PCG operates Asia’s first cloud-based processing and settlement platform, serving as backbone infrastructure for the payment industry. Rooted in Hong Kong with a global vision, PCG is committed to empowering merchants with cutting-edge payment technology and driving high-quality development in the global payment ecosystem.About Trio AI LimitedTrio AI Limited (“Trio AI”) is an artificial intelligence (“AI”) infrastructure service provider specializing in high-performance GPU accelerated cloud computing solutions in Hong Kong. Over the course of its business development, Trio AI has established a growing customer base, which includes Sensetime/ Publishing 3.0+, Code Free Soft Ltd, Centre for Intelligent Multidimensional Data Analysis Limited, Aimo AI, Build4Smart Limited and others. These customers operate across diverse industries, such as AI software provider, AI research, digital enterprise solutions, smart construction technologies and electronics manufacturing services. They engaged Trio AI primarily for services such as GPU-as-a-Service.For media enquiries, please contact:AJA (IR & Communications)Avy YuTel: (852) 9500 4443Email: avy.yu@ajacapital.com.hk / info@ajacapital.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

‘M’ Mark Event – HKGX 2025 IBF World Championships

The HKGX 2025 IBF World Championships concluded with a grand finale at Queen Elizabeth Stadium on 5 December.HONG KONG, December 10, 2025 - (ACN Newswire via SeaPRwire.com) – The HKGX 2025 IBF World Championships concluded in a grand finale at Queen Elizabeth Stadium with France securing gold in Men’s Team of 5-players Event and USA claiming gold in Women’s Team of 5-players Event.Men’s and Women’s Team of 5-players Event Semi-Finals and Finals were conducted today in a best of three games Baker’s Format which five players each bowl alternate frame in one single game. In the Men’s Team of 5-players Event Finals, France captured gold medal by defeating Sweden (264-248, 257-228). The bronze medals were shared by Germany and Korea. The Women’s Team of 5-players final featured a rematch of the 2025 IBF World Cup Women’s Team Event Finals. USA attained Gold Medal beating Malaysia in three games (179-191, 200-159, 199-185). The bronze medals were shared by Japan and Korea.The All Events medals were awarded “based on the sum of the finishing position in each event. The winner was the athlete with the least number of points based on finishing position in each event.” For Men’s All Events, Sweden’s James Blomgren attained Gold Medal, Korea’s Ji Guen got Silver Medal and The Czech Republic’s Lukas Jelinek claimed Bronze Medal. For Women’s All Events, Finland’s Essi Pakarinen captured Gold Medal, USA’s Shannon Pluhowsky got Silver Medal and Singapore’s Shayna Ng claimed Bronze Medal. Overall federation champion medals were also awarded “based on the sum of finishing positions in each discipline.” For Men’s Division, Sweden attained Gold Medal, Denmark took Silver and Korea got Bronze. For Women’s Division, USA captured Gold Medal, Singapore got Silver and Malaysia achieved Bronze.Ms. Vivien Lau, SBS, JP, Chairman of the Hong Kong, China Tenpin Bowling Congress wrapped up the successful Championships with a heartfelt message. “Success of the Championships depends on how all the participants felt to them whether the Championships is successful or not. I will be happy if everyone felt the Championships is a success and they are happy to be here in Hong Kong. ” She thanked all the athletes and federations for taking part in the Championships. Without them, there would be no Championships.Hong Kong, China Tenpin Bowling Congress would like to extend its gratitude and appreciation to the Major Sports Events Committee; Title Sponsor, the Hong Kong Gold Exchange (HKGX); Official Community Partner, The Hong Kong Jockey Club; Platinum Sponsor, Asiaray Media Group Limited; all other sponsors including First Asia Merchants Bullion Limited, UPWAY Group, Golday Financial Group Limited, Tak Fung International (HK) Limited, New Territories General Chamber of Commerce and Auspicious Bullion Limited; Official Partners Shun Hing Electronic Trading Company Limited, Joinmax (H.K.) Limited and all supporting organizations.The next edition of the IBF World Championships will be held in Korea in 2027. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HKiNEDA Annual Conference Successfully Concludes

HONG KONG, December 10, 2025 - (ACN Newswire via SeaPRwire.com) – The Hong Kong Independent Non-Executive Director Association (“HKiNEDA”) successfully held its Annual Conference last Saturday. This year's theme, “Opportunities and Challenges for INEDs in Dual Listing Wave, Digital Asset Era, and Web3 & AI-Driven Risks”, brought together representatives from Hong Kong's key financial regulators, alongside industry experts and corporate leaders from across the region. The event attracted nearly 300 senior executives. The Association presented the INED Honorary Life Achievement Award to Dr Rita Fan Hsu and Prof. Frederick Ma in recognition of their outstanding contributions to the profession and to corporate governance.In light of the Tai Po fire incident, the opening ceremony included a solemn tribute to commemorate the victims and honour the bravery of the firefighters. The conference was formally opened with a welcome address by Mr Rex Yeung, President of HKiNEDA.In his speech, Mr Yeung underscored the irreplaceable role of INEDs in strengthening corporate governance: “We need three-dimensional thinking — dual listings, digital assets and driven risks by Web3 and AI — with depth, clarity and transparency. This is exactly how we should approach governance: making strategies more understandable, decisions more traceable and outcomes more accountable. That's the shift we must embrace: moving from flat compliance to three-dimensional stewardship — for investors, regulators and all stakeholders we serve. As INEDs, we are not only the gatekeepers of enterprises but also the guardians of market transparency and investor trust.”Distinguished guests at the opening ceremony included Dr Kelvin Wong, Chairman of the Securities and Futures Commission; Dr David Sun, Chairman of the Accounting and Financial Reporting Council; and Dr Rocky Tung, Director, Head of Policy Research for the Financial Services Development Council.Organisers and officiating guests kick off the HKiNEDA Annual Conference 2025.From left to right:1. Mr Roy Lo, Co-Chairman, Organising Committee of Annual Conference 20252. Mr Zhou Yi, Executive Vice President, Lingbao Gold Group Company Limited3. Dr Kelvin Wong, Chairman of the Securities and Futures Commission4. Mr Rex Yeung, President, HKiNEDA5. Dr David Sun, Chairman of the Accounting and Financial Reporting Council6. Dr Rocky Tung, Director, Head of Policy Research, Financial Services Development Council7. Datuk Shireen Muhiudeen, Founder, Corston-Smith Asset Management SDN BHD & Former Chairman, Bursa Malaysia8. Prof. Terence Chan, Co-Chairman, Organising Committee of Annual Conference 2025In response to recent trends in technological innovation and the evolution of financial models, the conference featured keynote addresses and panel discussions on three major topics: the strategic complexity of dual listings (A+H), the rise of digital assets, and the convergence of Web3 and artificial intelligence. Senior directors and professionals shared their insights, fostering lively exchange and enhancing awareness of emerging trends while strengthening oversight capabilities.Prominent speakers included (in order of appearance):- Mr Lucas Chen, Executive Director, Lingbao Gold Industrial Investment Company Limited- Datuk Shireen Muhiudeen, Founder, Corston-Smith Asset Management SDN BHD & Former Chairman, Bursa Malaysia- Mr Xie Jun, CEO, Leading Holding- Mr Vincent Pang, Managing Partner, AVISTA Group- Ms Diamantina Leong, Partner, Capital Market Services, PricewaterhouseCoopers- Mr Robert Lui, Southern Region Offering Services Leader of Capital Market Services Group and Hong Kong Digital Asset Leader, Deloitte China- Mr Simon Shum, Partner, Financial Services, Asset Management, HKSAR, KPMG China- Ms Bobo Lee, Manager, Blockchain & Digital Asset, Hong Kong Cyberport Management Company Limited- Mr Sangmin Park, Managing Director, DX Division, BEATOZ Inc.- Ms Michelle Cheng, Managing Director, HashKey Exchange- Mr Andrew Lee, Partner, Greater China Markets & Hong Kong EY Wavespace (Innovation) Leader- Mr Kenneth Lam, Partner, Grant Thornton Advisory Services Limited- Mr Andy Chow, Head of Customer Solution Architects, Google Cloud Hong KongThe conference concluded with the presentation of the Association's highest honour, the INED Honorary Life Achievement Award, to Dr Rita Fan Hsu (left in the photo below) and Prof. Frederick Ma (right in the photo below). Their outstanding achievements have set a benchmark for Independent Non-Executive Directors and have had a lasting impact on the advancement of corporate governance standards.About The Hong Kong Independent Non-Executive Director AssociationThe Hong Kong Independent Non-Executive Director Association (HKiNEDA), incorporated in Hong Kong by Companies Ordinance, is a non-profit association mainly representing INEDs of Greater China. Based in Hong Kong, the association connects INEDs of Mainland China, Hong Kong and Taiwan, to make dedicated contributions in the Greater China's enormous financial and capital market.HKiNEDA aims at enhancing professional development of INEDs, promoting healthy and outstanding corporate governance of listed companies, and sustainable development of the capital market in Greater China. To achieve the mission, the Association commits to helping INEDs to understand their duties in listed companies, encouraging them to realize their values, supporting INEDs to oversee companies and fulfill their responsibilities with independence, integrity and impartiality.For more information about HKiNEDA, please visit: http://www.hkineda.com/Media EnquiriesStrategic Public Relations GroupBrenda ChanTel: +852 2114 4396Email: brenda.chan@sprg.com.hkKaren NgTel: +852 2114 4978Email: karen.ng@sprg.com.hk Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Redefining Global Legal Services with Digital Intelligence China Entercom Empowers Yingke Law Firm to Win 2025 IDC China Future Enterprise Awards

HONG KONG, December 10, 2025 - (ACN Newswire via SeaPRwire.com) – CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883) is pleased to announce that the ICT-empowered partner of its subsidiary, China Enterprise ICT Solutions Limited (“China Entercom”), Yingke Law Firm (“Yingke”), has earned industry recognition at the IDC China CIO Summit 2025 and IDC Future Enterprise Awards Digital Ceremony, where its pioneering benchmark project, “YingFaBao AI Legal Space Station” received the 2025 IDC China Future Enterprise Awards of Excellence - Future Enterprise of the Year. Dedicated to recognizing future enterprises who embrace the digital-first era, this accolade represents a milestone in the partnership between China Entercom and Yingke, and also serves as a testament to China Entercom’s role in fostering a digital and intelligent ecosystem to realize digital intelligence and globalization for businesses across industries. Ms. Sun Wen, Director of Global Board of Directors, Beijing Yingke Law Firm, receiving the award at the eventHeadquartered in Beijing and established in 2001, Yingke Law Firm is a global legal service provider and a co-founder of the Global Coalition of Think Tank Networks for South-South Co-operation. Since 2022, Yingke has consistently held the top position in The Global 200 ranking of global law firms based on the number of lawyers, and its global legal service network has covered up to 199 cosmopolitan cities across 104 countries and territories. As the digital era approaches, Yingke is accelerating its “Digital Intelligence Law Firm” transformation and upgrading, with the aim of establishing a “Yingke Global One-Hour Legal Service Ecosystem” . The development strategy of the firm is also evolving from geographical business expansion to digital-intelligence transformation.“2025 marks the tenth anniversary of the IDC China Future Enterprise Awards. With the rapid advancement of artificial intelligence (AI) and its deep integration across industries, we are witnessing an increasing number of enterprises transforming into AI-driven firms as they enter the era of digital operation. These enterprises are customer-centric, open to experiment and constantly enhancing their products, services and user experiences,” said Mr. Wu Lianfeng, Vice President and Chief Analyst at IDC China. “Yingke Law Firm is a remarkable example of such organizations. From strategic vision to practical execution, Yingke actively adopts new technologies with an open and inclusive mindset, driving transformation within the legal sector. To streamline transformation, suppliers of innovative technologies and solutions like China Entercom play an indispensable role. As a trusted enabler of digital-intelligence transformation, China Entercom strives to offer clients with value-driven and reliable technologies and solutions. Moreover, as a successful example of international expansion, the company’s extensive experience and expertise in globalization provide valuable support for Chinese enterprises in their journey of going global.”Extending warm congratulations to Yingke Law Firm on its recognition as an Excellence Award winner at the 2025 IDC China Future Enterprise Awards, Mr. Henry Ko, General Manager at China Entercom, underlined the key to “Redefining Global Legal Services with Digital Intelligence” by integrating China Entercom’s ICT capabilities and Yingke’s expertise in digitalizing and globalizing legal services. He added that this cross-industry collaboration has reassured enterprises in their pursuit of globalization. “Our collaboration with Yingke began in 2021, when the firm embarked on its four strategic pillars — globalization, professionalization, digitalization and carbon neutrality — to optimize its worldwide operations and services,” said Mr. Ko. “We look forward to taking this collaboration to new heights, empowering enterprises to expand overseas and creating a new paradigm of legal and ICT innovations.”In today’s ever-changing economic and social landscape, every industry is confronted with new challenges, and these changes also raise the expectations for China Entercom. As an innovative ICT service enabler, the company is committed not only to staying ahead of technological advancement and strengthening its core capabilities, but also to gaining deeper insight into industry transformation and accumulating practical experience. Mr. Ko emphasized, “As AI is applied profoundly in various business scenarios, law firms and other enterprises are demanding higher standards in global network stability, data security and intelligence. As a result, more clients are partnering with China Entercom to explore efficient, flexible and future-ready models of digital and intelligent services.”Harnessing AI to Pioneer a New Legal Service ModelAs technology rapidly advances and the macro-environment evolves, the legal services industry finds itself in the midst of fierce competition, undergoing profound structural challenges in traditional legal services models. The first challenge stems from global economic integration, which has sharply increased demand for cross-border legal services. Law firms are now expected to demonstrate stronger global service capability, cross-regional collaboration, and the ability to deliver tailor-made services. Secondly, the rise of the digital economy has given birth to new legal issues, raising the standards of a firm’s knowledge base and learning agility. Finally, disruptive technologies such as AI are redefining the legal service eco-chain — from client acquisition and service scenarios to operational processes and service systems — prompting a comprehensive reconstruction and transformation.The “YingFaBao AI Legal Space Station” integrates Internet of Things (IoT), new media, videos and AI to deliver timely, efficient and one-stop self-service legal solutions, which marks a groundbreaking innovation in the legal services sector. In response to this new wave of transformation, China Entercom leverages over two decades of ICT practical experience and its strengths in integrated “Cloud, Network, Security” services to empower the digital and intelligent development of the legal services industry with AI-driven solutions. On one hand, it enhances the performance of critical digital infrastructure through global network optimization and intelligent security protection; on the other hand, this strong foundation supports law firms in all dimensions, such as digital management upgrades and global expansion of their services.Redefining Legal Services with Digital IntelligenceYingke Law Firm is developing a global legal data platform in the hope of creating a worldwide legal services platform through promoting data sharing and interconnection. According to Ms. Sun Wen, Director of Global Board of Directors at Beijing Yingke Law Firm, “As the wave of digitalization transforms the legal sector, Yingke has remained focused on advancing through technological innovation and professional excellence. On the journey to evolve our service models through the dual engines of ‘LegalTech + AI’, we are delighted to have China Entercom as a trusted partner. Its profound technical expertise and extensive experience in supporting enterprises going global provide invaluable insight for our strategic development and transformation in this new era.”China Entercom’s best practices in supporting enterprises “Going Global” and “Coming to China” have become a recognized benchmark. As a member of the CITIC Group, China Entercom upholds the service motto of “CITIC, Your Trusted Partner for Going Global and Coming to China”, and has long worked hand in hand with its parent companies, CITIC Telecom CPC and the Group, to extend service coverage to regions along the Belt and Road, the Middle East, BRICS nations and RCEP member countries. Its digital and intelligent solutions have already empowered numerous enterprises in overseas expansion. Today, China Entercom’s services span five continents and nearly 160 countries and regions, with global network resources connecting nearly 170 points of presence (POPs), 60 SD-WAN gateways, over 30 data centers, 20 cloud service centers, and three dedicated 24x7 Security Operations Centers (SOCs). Offering 99.99% network availability, the company ensures fast deployment and flexible scalability, thereby realizing faster, more stable, secure and compliant ICT services. Leveraging advanced AI technologies and services, namely its TrustCSI™ 3.0 cybersecurity solution suites and SIEM-MiiND intelligent SIEM platform, China Entercom delivers reliable, secure and high-efficiency data aggregation that provides the legal sector with smarter and more efficient digital intelligence.References:[1] Source: Yingke Law Firm official website.[2] Source: Yingke Law Firm official website.About International Data Corporation (IDC)IDC is the premier global market intelligence, data, and events provider for the information technology, telecommunications, and consumer technology markets.  With more than 1,300 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight help IT professionals, business executives, and the investment community to make fact-based technology decisions and  achieve their key business objectives. Establishing it’s China branch in 1982, IDC was the earliest global technology market research firm to enter the Chinese market. In China, IDC analysts focus on the local ICT market, producing research that covers areas including hardware, software, service, internet services, emerging technologies, and enterprise digital transformation. To learn more about IDC, please visit http://www.idc.com.About Yingke Law FirmYingke Law Firm is a global legal service provider established in 2001, headquartered in Beijing, China. Yingke is a Co-Founder of the Global Coalition of Think Tank Network for South-South Cooperation. Since 2022, we have consistently held the top position in The Global 200 ranking of global law firms based on the number of lawyers. Yingke Law Firm is committed to improving the "Yingke Global One-Hour Legal Service Ecosystem", and its headquarters adopt the mode of "direct investment and direct management" for up to 126 offices across mainland China and one joint law firm in the Guangdong-Hong Kong-Macao region. So far, Yingke's global legal service network has covered up to 199 cosmopolitan cities across 104 countries and territories. For more information, please visit https://www.yingkelawyer.com/index.html.About China EntercomChina Enterprise ICT Solutions Limited (“China Entercom” or “CEC”), a subsidiary of the CITIC Group. With solid global knowledge, diversified industrial experience, successful cases and top-notch expertise, as well as incorporating extensive ICT resource coverage, global-local capabilities and world-class solutions, China Entercom stands as the trusted partner for comprehensive solutions, addressing customers’ specific ICT requirements and fostering their development along the “Belt and Road” and around the globe. For more information, please visit https://www.china-entercom.com/En/.About CITIC Telecom CPCWe are CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), serving multinational enterprises the world over by addressing their specific ICT requirements with highly scalable tailored solutions built upon our flagship technology suites, comprising TrueCONNECT™ private network solutions, TrustCSI™ information security solutions, DataHOUSE™ cloud data center solutions, and SmartCLOUD™ cloud computing solutions.With the motto “Innovation Never Stops,” we leverage innovative technologies to boost technology empowerment (+AI). Embracing AI, AR, Big Data, IoT, and other cutting-edge emerging technologies we aim to unlock technical potential. By integrating deep learning and intelligent data analysis technologies, we transform these technologies into data empowerment (AI+) generative applications, reshaping the Intelligence Operation Journey of enterprises.With our Global-Local capabilities, we are committed to providing our customers with one-stop-shop ICT solutions with superior quality. Having a worldwide footprint across nearly 160 countries and regions, including Asia, Europe and America, Africa, the Middle East, and Central Asia, our global network resources connect nearly 170 points of presence (POPs), 60+ SD-WAN gateways, 20 Cloud service centers, 30+ data centers, and three dedicated 24x7 Security Operations Centers (SOCs). We are certified with a series of international certifications, including SD-WAN Ready, ISO 9001, 14001, 20000, 27001, and 27017, to ensure our services compliance with international standards and resources for enterprises.  We offer local professional services, superior delivery capabilities as well as exceptional customer experience and best practices through our global presence and extensive industry know-how, becoming a leading integrated intelligent ICT service provider to enterprise customers.For more information, please visit www.citictel-cpc.com.Media Contacts:Catherine YuenCITIC Telecom CPC(852) 2170 7536Email: catherine.yuen@citictel-cpc.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Majority of Australian Parents (65%) and U.S. Parents 58% Support Social Media Ban for Under 16s, but Kids Say It Risks Cutting Them Off from Key Connections

Washington, D.C., Dec 9, 2025 - (ACN Newswire via SeaPRwire.com) - The Family Online Safety Institute (FOSI) released new research today examining how parents and children in the United States and Australia view social media bans for anyone under 16. The findings reveal strong parental support for such bans, in contrast with widespread concern from children who fear losing friendships and support systems that exist primarily online.The research arrives as Australia implements a national under 16 social media ban, placing global attention on how the policy will affect youth and their families. FOSI's study surveyed 4,000 parents and children ages 10 to 17 to understand how both groups feel about restrictions, enforcement, and the broader impact of social media on daily life.Support for the Ban: Parents vs ChildrenParents Support the Ban65% of Australian parents support a national under 16 ban58% of U.S. parents support itChildren Do NotOnly 38% of Australian children support a banOnly 36% of U.S. children support itChildren, who are most directly affected by the restrictions, are less likely to support them. This gap raises a central question for policymakers. Why do parents and children view the potential impact so differently, and what might be lost if children's concerns are overlooked?Connection Concerns: Children Feel the Most at RiskChildren Fear Losing Essential Connections53% of U.S. children fear a ban would disconnect them from important cause them to lose connections and support56% of Australian children feel the sameParents Show Lower Concern35% of U.S. parents36% of Australian parentsFor many children, social media can play a meaningful role in their daily lives, offering a place to stay connected, share experiences, and feel part of a wider community. Losing access to those spaces raises important questions about how young people will continue nurturing the relationships and support system they rely on. This cultural context along with the findings above highlights an emotional dimension of the ban that many parents may underestimate.Families are divided on the mental health impact of a banSome parents support a ban because they hope it will protect children's mental health. However, parents and children disagree on whether this will actually happen. A total of 52% of U.S. parents and 42% of Australian parents agree that a ban will help protect the mental health and well-being of children. Children are less convinced, as only 43% of U.S. and 33% of Australian children hold this view. These mixed views show that families see the mental health conversation as complicated and deeply personal.Screen Time Reduction is Expected but Not GuaranteedParents and children share similar beliefs about whether a social media ban would reduce overall screen time. A total of 55% of U.S. parents and 47% of Australian parents believe screen time would decrease, and nearly half of children in both countries agree. While reducing screen time is one of the most common arguments for the ban, it is important to note that not all screen time is equal. Many children use social media not only for entertainment, but for communication, schoolwork, creativity, and support. Additionally, many children, 64% in the U.S. and 59% in Australia, say they would spend more time on other digital platforms, including video games or text messaging, indicating the total screen time may remain the same.Many believe kids will find a way around the banParents and children are closely aligned when it comes to one concern. More than half of parents believe that children will find ways to circumvent the new restrictions. In the United States, 53% and in Australia, 54% of parents believe their children could work around the ban. When it comes to children ages 10 to 15 (those affected by the Australian ban), 45% of Australian children and 53% of U.S. children claim they could find a way around a ban.These findings reflect a common perception that tech-savvy teens will find ways to bypass age restrictions if motivated to do so.High support for teen accountsOne of the strongest areas of consensus across all four groups is the idea of creating special teen accounts with stronger protections and guardrails. A total of 77% of U.S. parents, 74% of Australian parents, 80% of U.S. children, and 77 % of Australian children support this approach. These findings suggest that families are looking for solutions that prioritize safety without removing social media altogether. The strong support for teen accounts indicates that both parents and children prefer safer, age-appropriate options rather than an outright ban."Children will be the most affected by this ban, yet only one third support it," says Alanna Powers O'Brien, Director of Research and Education at FOSI. "Many are worried about losing friendships and support they rely on every day. Their concerns should not be overlooked. As policies evolve, it is important that we listen to how young people experience the online world and ensure they feel informed, supported, and included in these conversations."For more information and to download the Children and Parents' Perceptions of Social Media and Classroom Smartphone Bans in the U.S. and AustraliaAbout the Family Online Safety InstituteThe Family Online Safety Institute is an international nonprofit organization dedicated to making the online world safer for children and families. Through research, education, resources, and collaboration with industry, government, and civil society, FOSI promotes responsible digital parenting and healthier online experiences for all.This data was collected by Ipsos, the third largest market research company in the world, present in 90 markets and employing more than 18,000 people. The survey involved 4,000 respondents, evenly split between the United States and Australia, including 1,000 parents and 1,000 children aged 10-17 in each country. Participants qualified if they or their children used the internet for at least three hours weekly. This survey was conducted from October 2nd to October 20th, 2025. No post-hoc weights were applied to this study, and the findings reflect the opinion of survey respondents only.This research is supported by Disney's Digital Wellness Grant Program and TikTok.Media Contact:Family Online Safety Institute (FOSI)Amy Bartkoamy@fosi.org | www.fosi.org | 480-201-6733SOURCE: FOSI Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Techmer PM Joins Formerra’s Portfolio in North America

ROMEOVILLE, IL, Dec 9, 2025 - (ACN Newswire via SeaPRwire.com) - Formerra, a leader in performance materials distribution, today announced the addition of Techmer PM color masterbatches, high-performance additives, and pre-colored compounds to its expansive portfolio of materials. With this partnership, Formerra advances its application-specific lineup, aligning its material portfolio to customers' evolving needs across North America.A U.S.-based plastics compounder, Techmer PM specializes in value-added color and additive masterbatches and engineered compounds for high-performance plastics and fibers. These products are used in various industries such as medical, automotive, packaging, and consumer goods applications. Techmer PM has consistently invested in its optical and color capabilities, including the recent acquisition of OptiColor Inc. and Colors for Plastics."Techmer PM's commitment to innovation and technical excellence aligns perfectly with Formerra's mission to deliver best-in-class materials and responsive service," said Cathy Dodd, CEO at Formerra. "Backed by our expert technical guidance, this partnership lets us provide customers with a portfolio of masterbatches and pre-colored compounds that drives performance and sustainability."Mike Ellison, VP, Product Management, adds, "The extensive pre-colored compound, additive, and color masterbatch offerings from Techmer PM cover processing, aesthetic, bio-based, regulatory, and performance needs."Highlights of the distributed Techmer PM products include:Regulated Medical Color Systems: ISO 10993-tested palettes with regulatory statements; proven in PPSU, PA, PP, and ABS.Aesthetic Effects & Laser Functionality: Full spectrum from metallics and color-shifting to photochromic and Techsplatter, a proprietary visual effect; full laser additive line covers multiple needs.Circularity & Sustainable Material Solutions: PLA/alt-resin colors, HiTerra® rPET Revive to repair PET, NIR-sortable blacks (APR "preferred" in HDPE), and more.Processing, Performance & Protection Additives: Techsperse™ proprietary dispersion technology, UV/heat stabilization, FR systems with halogen-free options, tracer technologies, antimicrobial packages, purge technologies."Formerra's deep expertise in applications, requirements, and materials makes them an ideal partner to expand our market reach," said Craig Foster, CEO at Techmer PM. "By combining our strengths, we'll help customers accelerate their speed to market with the assurance of proven technologies."Key Details:Formerra will distribute Techmer PM's pre-colored compounds, colorants, additives, and masterbatches across North America.Techmer PM brings a deep portfolio of color and additive masterbatches: Medical/regulatory-ready palettes, aesthetic effects (including Techsplatter), sustainability solutions (HiTerra® rPET Revive, NIR-sortable blacks), and performance/processing additives (TechSperse™, FR/UV systems).The partnership pairs Formerra's technical support and supply reliability with Techmer PM's specialized materials and color/additive expertise to help customers launch better products faster.About FormerraFormerra is a preeminent distributor of engineered materials, connecting the world's leading polymer producers with thousands of OEMs and brand owners across healthcare, consumer, industrial, and mobility markets. Powered by technical and commercial expertise, it brings a distinctive combination of portfolio depth, supply chain strength, industry knowledge, service, leading e-commerce capabilities, and ingenuity. The experienced Formerra team helps customers across multiple industries to design, select, process, and develop products in new and better ways - driving improved performance, productivity, reliability, and sustainability. To learn more, visit www.formerra.com.About Techmer PMTechmer PM is a leading designer and producer of engineered materials and polymer solutions such as concentrated color or additive masterbatches that provide specific performance and/or functional requirements. The company collaborates with plastics processors, fabricators, designers, specifiers, and brand owners to enhance product function and appearance in numerous end-use markets. Founded in 1981, the company operates plants across North America and has extensive expertise across resin technologies and with virtually every plastic- and fiber-related process, including additive manufacturing, blown film, nonwovens, and injection molding. For more information, visit www.techmerpm.com.Formerra has been named distributor for Techmer PM pre-colored compounds, colorants, and additives for a wide range of applications (left). Techmer PM production facility in Clinton, TN (right).Media contactsJackie MorrisMarketing Communications Manager, Formerrajackie.morris@formerra.com+1 630-972-3144Jill WarrenMarketing Communications Manager, Techmer PMjwarren@techmerpm.com+1 865-210-4078SOURCE: Formerra Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Cyara Appoints Sushil Kumar as CEO to Extend Enterprise AI Customer Experience (CX) Leadership

AUSTIN, TX, Dec 9, 2025 - (ACN Newswire via SeaPRwire.com) - Cyara, the global leader in AI-powered customer experience (CX) assurance, today announced the appointment of Sushil Kumar as its new Chief Executive Officer. His appointment underscores Cyara's commitment to accelerating enterprise AI CX innovation and elevating customer experience by enabling more reliable, responsive, and trustworthy interactions across every channel. Sushil will build on the strong foundation laid by outgoing CEO Rishi Rana.Sushil brings entrepreneurial vision and enterprise-scale leadership to Cyara. He has focused his career on building category-defining AI, DevOps, and cloud platforms, both as a founder and as a leader of large global organizations. Most recently, he was Co-Founder and CEO of RelicX.ai, a generative AI test automation pioneer acquired by Harness. Before that, he held senior product and general management roles at Oracle, CA Technologies, and Broadcom, leading global teams and multi-hundred-million-dollar businesses that improved digital performance and customer experience at scale."Sushil brings a rare combination of proven ability, and deep customer and product insight to building and scaling category-defining platforms," said Alok Kulkarni, Co-Founder and Non-Executive Chairman of the Board of Directors, Cyara. "Cyara created and now leads the CX assurance category, with strong and growing global momentum. Under Sushil's leadership, we see a significant opportunity to extend that lead as enterprises race to modernize customer experience, deploy GenAI safely, and ensure that every customer interaction simply works."Cyara's unified, AI-powered platform continuously tests, validates, and monitors customer journeys across voice, digital, messaging, and conversational AI. Assuring more than 350 million customer journeys each year, and validating over a million AI-generated responses, the platform gives enterprises full visibility into quality, reliability, and risk. With emerging Agentic AI capabilities, Cyara is expanding into intelligent, continuous CX optimization to help organizations improve workflows, reduce cost-to-serve, and deploy new experiences with confidence."AI is transforming customer experience faster than any technology shift we've seen in decades," said Sushil Kumar, CEO, Cyara. "As enterprises rethink their CX stacks and explore agentic AI, what they need most is confidence. Confidence that every interaction will be accurate, trustworthy, and delivered at the speed and quality customers expect. Cyara already plays a pivotal role in enabling that shift. It provides the reliability and assurance organizations need to turn AI from experimentation into meaningful, real-world impact. I'm excited to build on this foundation and work with the team to raise the bar for customer experience globally."Cyara has pursued a focused mergers and acquisitions strategy; acquiring Botium and QBox (bot and conversational AI testing), Spearline/testRTC (telecom and WebRTC assurance) and CentraCX (voice of the customer), to build one of the industry's most comprehensive CX assurance stacks.Sushil will focus on accelerating product innovation in AI-powered CX assurance, deepening Cyara's ecosystem of CCaaS, CPaaS, UCaaS, and AI partners, and expanding the company's global footprint, which serves customers in more than 135 countries.For further information, please contact: Janet Vito, janet.vito@cyara.comAbout CyaraCyara is the global leader in AI-powered customer experience assurance. As the only unified platform for continuous testing and monitoring across voice, digital, messaging, and conversational AI channels, Cyara empowers hundreds of the world's leading brands to optimize more than a quarter of a billion customer interactions every year. From full customer journey visibility to AI governance and compliance, Cyara ensures every touchpoint works flawlessly, helping businesses deliver secure, friction-free, and high-quality CX at scale. To learn more, visit www.cyara.com.SOURCE: Cyara Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

AVIA Announces Election of Two New Board Directors

SINGAPORE, Dec 9, 2025 - (ACN Newswire via SeaPRwire.com) - The Asia Video Industry Association (AVIA) is pleased to announce the election of two newly elected Board Directors, K. Aravamudhan, Executive Vice President, Public Policy & Legal, JioStar and Vivek Couto, Co-Founder, CEO and Executive Director, Media Partners Asia. Their extensive experience and deep understanding of the media landscape will bring valuable insights to AVIA’s strategic direction and industry advocacy efforts.K. Aravamudhan and Vivek CoutoThe association is also pleased to confirm the re-election of Emily Yri, Vice President, International Marketing, Pubmatic, Desmond Chan, GM – TVBI & Deputy GM (Legal & Int’l Operations), TVB, Joe Welch, Vice President, Global Public Policy, Asia Pacific, The Walt Disney Company and Shonali Bedi, Head of Strategy, Partnerships & Insights – APAC, Warner Bros. Discovery. Their continued counsel and commitment will help continue to guide AVIA through a period of rapid transformation and opportunity for the video ecosystem.At the same time, AVIA extends its appreciation to previous Directors, Agnes Rozario, Chief Content Officer, Astro and Greg Armshaw, former Senior Director Strategy APAC, Brightcove,for their contributions.Board of Directors and Candidacy StatementsAbout the Asia Video Industry AssociationThe Asia Video Industry Association (AVIA) is the trade association for the video industry and ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. AVIA is the interlocutor for the industry with governments across the region, leads the fight against video piracy through its Coalition Against Piracy (CAP) and provides insight into the video industry through reports and conferences aimed to support a vibrant video industry.For media enquiries and additional background please contact:Charmaine KwanHead of Marketing and CommunicationsEmail: charmaine@avia.org  | Website: www.avia.org LinkedIn: www.linkedin.com/company/asiavideoia | Twitter: @AsiaVideoIATan Teck WeeSenior Marketing and Communications ExecutiveEmail: teckwee@avia.org Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

depa Announces Record-Breaking Success of gamescom asia x Thailand Game Show 2025, Generating Over THB 1.2 Billion in Economic Value

BANGKOK, Dec 9, 2025 - (ACN Newswire via SeaPRwire.com) - The Digital Economy Promotion Agency (depa) has officially announced the unprecedented success of gamescom asia x Thailand Game Show 2025, marking a historic milestone for the Southeast Asian gaming industry. Held from October 16-19 at the Queen Sirikit National Convention Center, this strategic alliance between gamescom asia, the Asia-Pacific's premier B2B exhibition, and Thailand Game Show, Southeast Asia's largest B2C event, has firmly positioned Thailand as the region's new gaming industry hub.The event shattered previous records, generating a combined economic value exceeding THB 1.2 billion. It attracted 206,159 visitors to the Entertainment Area and welcomed 5,590 business professionals, developers, and investors from 81 countries in the Business Area. These figures underscore Thailand's transformation from a robust consumer market into a global "Game Provider," capable of offering end-to-end services ranging from content creation to full-scale production.The event served as a catalyst for international collaboration, featuring participation from over 18 countries and regions, including Japan, South Korea, China, the US, and Australia. The exhibition floor hosted industry giants such as Bandai Namco, CAPCOM, HoYoverse, KONAMI, Nintendo Switch, PlayStation, Ubisoft, Xbox, Epic Games, and Xsolla.Asst. Prof. Dr. Nuttapon Nimmanphatcharin, President/CEO of depa, emphasized that the event's success reflects the strength of Thailand's gaming ecosystem, currently valued at THB 35 billion. To sustain this growth, the government is advancing the Gaming Industry Promotion Act, designed to systematically enhance investment incentives, intellectual property protection, and talent development."With high-speed internet coverage exceeding 98% nationwide, stable 5G connectivity, and a domestic market of over 40 million gamers, we offer the ideal environment for investment," stated Asst. Prof. Dr. Nuttapon. "We are supporting this with concrete incentives, including Smart Visas for tech experts, tax exemptions for studio establishment, and streamlined ease-of-doing-business measures."The overwhelming response from global partners affirms Thailand's potential not just as a market, but as a production base rich in high-quality human resources specializing in Animation, CG, VFX, and Game Development. The success of gamescom asia x Thailand Game Show 2025 demonstrates Thailand's readiness to drive the digital economy forward, creating long-term sustainability and opening global doors for Thai entrepreneurs.For updates, visit www.depa.or.th or follow Facebook: depa Thailand Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Indonesian Government’s Swift Response in Recovering Flood-hit Sumatra

JAKARTA, Dec 8, 2025 - (ACN Newswire via SeaPRwire.com) - Devastating flash floods and landslides struck three provinces in Sumatra - Aceh, North Sumatra, and West Sumatra - in late November. According to data from the National Disaster Mitigation Agency (BNPB), the disaster has lead to 916 fatalities as of December 7, and cut off access to roads, bridges, and electricity, isolating the affected areas.Kuala Simpang on Dec. 6 after devastating flash floods in Aceh Tamiang District, Sumatra, in early December. A total of 916 people have died in the flooding that struck three provinces in Sumatra, the National Disaster Mitigation Agency (BNPB) confirmed on Saunday, Dec. 7. [PHOTO/Erlangga Bregas Prakoso/app/YU]In response, the Indonesian government moved rapidly to recover the affected infrastructure by collaborating with various parties, focusing on restoring road and communication access to ensure the affected residents can reconnect with their relatives and receive up-to-date information. During the emergency, the Ministry of Communication and Digital Affairs focused on accelerating the restoration of telecommunications and internet connections. Within 24 hours, 707 towers were back to normal operation from the 2,463 towers that had experienced disruption as of November 28 at 7:00 a.m. Western Indonesia Time (WIB).On Sunday, November 30, the Ministry's Telecommunications and Information Accessibility Agency (BAKTI), together with BNPB, the search and rescue (SAR) team, and the Indonesian National Armed Forces (TNI), mobilized equipment to several locations, providing internet service at the command posts of BNPB and the National Search and Rescue Agency (Basarnas).The Republic of Indonesia Satellite-1 (SATRIA-1) has also been used to provide internet service in a number of disaster-hit regions, including Central Tapanuli in North Sumatra; North Aceh, Central Aceh, Lhokseumawe, East Aceh, and Aceh Tamiang in Aceh; as well as Agam and Padang in West Sumatra.Communication and Digital Affairs Minister Meutya Hafid stated that cellular operators reported that 95 percent of base transceiver stations (BTS) in West Sumatra had been restored, while in North Sumatra, the progress had reached 90 percent."For Aceh, 60 percent of the towers remain inoperable due to electricity issues. The government, along with operators and PLN (state-run electricity company), continues to work so that services can return to normal immediately," she said while leading a coordination meeting in Medan, North Sumatra, on Monday, December 1.Residents clear debris from their homes in Malalak, Agam District, West Sumatra, on Dec 8, 2025, after flash floods and mudslides in November lead to 916 fatalities. [ANTARA/Muhammad Zulfikar]Meanwhile, the Ministry of Public Works is prioritizing road repairs and the deployment of additional heavy equipment and personnel in collaboration with the Regional Disaster Mitigation Agencies (BPBD). To speed up the restoration of connectivity, the ministry has also installed Bailey bridges in priority areas.“Our focus today is on opening connectivity from the northern coast of Sumatra toward Tapanuli. The route from North Sumatra to the west is not yet open, thereby hindering the distribution of aid. We are deploying all heavy equipment, and if more is needed, we will bring it in from the nearest unaffected provinces," Public Works Minister Dody Hanggodo said on December 4.The government’s disaster response efforts have extended to the education sector. The Ministry of Primary and Secondary Education provided initial assistance in the form of school cleaning, as well as the provision of books and learning equipment. Furthermore, the government has prepared the replacement of damaged learning equipment, including interactive flat panels (IFPs).Meanwhile, the Ministry of Agrarian Affairs and Spatial Planning will carry out spatial planning evaluation in Aceh, North Sumatra, and West Sumatra following the deadly floods and landslides. This measure is taken to ensure that land use aligns with environmental characteristics and to minimize the risk of future disasters.Likewise, the Ministry of Environment will also study the spatial planning in the flood-affected areas to restore the ecosystem, aiming to strengthen the environment's carrying capacity.Aceh’s Natural Resources Conservation Agency (BKSDA) is deploying four elephants to help remove wood debris and restore access to homes after flash floods struck Pidie Jaya District in late November. The elephants - Abu, Mido, Ajis, and Noni - assist in areas inaccessible to heavy machinery, including Meureudu and Meurah Dua sub-districts. [ANTARA /Rahmat Fajri]BNPB, as well as other agencies and ministries, has received budget support prepared by the Ministry of Finance, the central government making the disaster response a national priority. The response measures include search and rescue, meeting the community's logistical needs, clearing road access, and restoring communication services and infrastructure."The central government is going all out to accelerate emergency response efforts. This covers five key areas: search and rescue, logistical support for the community, clearing road access, restoring communication access, and repairing electricity and fuel infrastructure," Head of the BNPB Disaster Data, Information, and Communication Center Abdul Muhari said.BNPB has actively deployed 40 helicopters, supported by helicopters and Hercules aircraft from TNI and National Police (Polri), bringing the total air fleet to 50 units. This air fleet delivers 25 to 35 tons of aid to district and city command posts, as well as to refugee pockets. In addition to helicopters, TNI personnel have been deployed to support BNPB’s operations by distributing aid to the refugee pockets on foot.BNPB, in collaboration with TNI, Polri, ministries, government agencies, regional governments, volunteers, and international partners, continues to make every effort to speed up search operations, the restoration of access and vital services, and the fulfillment of affected communities' basic needs.Editor: Arie Novarina, Copyright © ANTARA 2025 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Doubleview Gold Corp. Announces Successful Completion of 2025 Drilling Season at the Hat Project, the Largest Drill Season yet with 13,290m Diamond Drill Core

Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - December 8, 2025) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) ("Doubleview" or the "Company") is pleased to announce the completion of its 2025 drilling season at the Hat Polymetallic Project in northwestern British Columbia. This year's program marks the largest drilling campaign in the Hat Project's history, with 13,290 metres drilled across 19 drill holes, achieving a 100% success rate with every drill hole intersecting mineralization, while confirming the deposit remains open to depth and laterally.The 2025 campaign delivered major advancements in our understanding of the geology and dimensions of the Hat deposit, including the identification of a newly recognized mineralized horizon located beneath and adjacent the 2024 conceptual open-pit shell. Importantly, mineralization domains were better defined, existing data gaps were closed, and the Company's evolving geological and resource models were validated (see Figures 1-4, also available on the Company's website at www.doubleview.ca).Assays from holes H100 through H108 remain pending and will be released once received, reviewed, and interpreted in accordance with NI 43-101.Highlights of the 2025 Drill Season13,290 metres drilled in 19 holes, averaging 699.5 metres per hole — the largest and most efficient and technically productive program ever.A newly discovered deep mineralized horizon beneath the 2024 conceptual pit outline confirms significant down-dip continuity and expansion potential as mineralization remains open at depth and laterally in multiple directions.Every drill hole intercepted mineralization, demonstrating the strength and continuity of the porphyry system.H097, H098, and H099, previously disclosed, extended mineralization by 200-300 metres down-dip and up to 100 metres laterally, significantly improving the block model and geological interpretation.H099 returned 438 m of 0.40% CuEq, including 52 m of 1.02% CuEq, another one of the strongest continuous intervals drilled at the Hat to date.Newly completed holes H100-H108 were strategically positioned to evaluate depth extensions, lateral continuities, and untested model gaps. Core samples from these drill holes are being processed at the independent assay lab.Pending assays for nine remaining holes will inform updates to the Mineral Resource Estimate (MRE-2) and the ongoing Preliminary Economic Assessment (PEA). Note: Due to timing issues, we may not be able to include all assay data in those technical reports.2025 work further advances Doubleview's understanding of copper-gold-cobalt-scandium mineral domains. The recently-announced potential scandium recovery achievements are a major milestone for the Hat's critical-metals profile.Farshad Shirvani, President & CEO, commented:"This has been a transformational year for Doubleview and the Hat Project. Our 2025 drill campaign successfully demonstrated the strength of our geological model, filled key data gaps, and uncovered an entirely new mineralized horizon beneath the 2024 conceptual pit shell. Every drill hole intersected mineralization, which is a testament to the quality and strength of our technical team, along with the robustness of the system.The discovery potential at Hat continues to expand, with the deposit remaining open both laterally and at depth. Combined with last year's exceptional drill results, our scandium recovery breakthrough, and the ongoing work toward the updated Resource Estimate and PEA, we are entering the next phase of project development with a high degree of confidence and momentum. I extend my thanks to our technical team, contractors, and shareholders for enabling the most successful drilling season in our Company's history."The Company is now focused on completing the assay review and disclosure for drill holes H100 through H108, which represent the final nine holes of the 2025 program. Assay results, when received, verified, and interpreted in accordance with NI 43-101 standards, will be announced and incorporated into the geological and resource models.In parallel, the Company continues to advance its Preliminary Economic Assessment (PEA), which is currently undergoing both internal modelling and external third-party review. The integration of the full 2025 drill dataset, including pending assays, is expected to materially enhance the confidence and robustness of the forthcoming PEA, supporting a comprehensive evaluation of the Hat Project's economic potential and paths to development.Figure 1: Drill plan and 2025 Extension around the 2024 Conceptual PitTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8003/277248_9efb9102e4f63b8e_001full.jpgFigure 2: 2025 drilling, mineralization extension at depth and around the 2024 conceptual pitTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8003/277248_9efb9102e4f63b8e_002full.jpgFigure 3: 2024 Conceptual pit shell in 3D and 2025 drill holes demonstrating the strategic exploration in 2025To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8003/277248_9efb9102e4f63b8e_003full.jpgFigure 4: 2024 Conceptual pit shell in 3D and 2025 drill holes demonstrating the strategic exploration in 2025To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8003/277248_9efb9102e4f63b8e_004full.jpgDoubleview maintains a website at www.doubleview.ca.Qualified Persons:Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.About Doubleview Gold CorpDoubleview Gold Corp. is mineral resource exploration and development company headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (WKN: LA1W038), and (FSE: 1D4). Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects-collectively critical minerals utilizing cutting-edge exploration techniques.Doubleview's success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company's strategic initiatives. Doubleview looks forward to further collaborative growth and development and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.About the Hat Polymetallic DepositThe Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region's significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company's July 25, 2024, news release, is summarized below:Open Pit Model HatResource CategoryTonnageAverage GradeMetal ContentCuEqCuCoAuAgCuEqCuCoAuAgMt%%%g/tg/tmillion lbmillion lbmillion lbthousand ozthousand ozIn PitIndicated1500.4080.2210.0080.190.421,353733289292,045Inferred4770.3440.1850.0090.150.493,6191,945912,3287,575 Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3.For further details of the MRE, please refer to the Company's July 25, 2024 news release.On behalf of the Board of Directors, Farshad Shirvani, President & Chief Executive OfficerFor further information please contact:Doubleview Gold Corp Vancouver, BC Farshad Shirvani President & CEO T: (604) 678-9587 E: corporate@doubleview.caNEITHER 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 RELEASE.Certain of the statements made and information contained herein may constitute "forward-looking information." In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277248 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com