About: acn

HONG KONG, Feb 28, 2025 - (ACN Newswire via SeaPRwire.com) - AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) is pleased to announce that it has successfully secured a HK$300 million sustainability-linked loan from a syndicate of nine regional and local banks, further underscoring the Group’s unwavering commitment to integrating sustainability into its business operations.The syndicated sustainability-linked loan, arranged by the Hong Kong Corporate Sales Department of MUFG Bank, Ltd. as the mandated lead arranger and bookrunner, will be used for working capital purposes.The syndicated loan agreement is signed in accordance with the sustainability-linked loan principles (“SLLP”) published by the APLMA, the Loan Market Association and the Loan Syndications and Trading Association, aiming to promote and support environmentally and socially sustainable economic activities and growth. As an incentive for the Group to achieve its sustainability objectives, the loan terms and interest rate payable are linked to the successful attainment of pre-defined sustainability performance targets (“SPTs”), which are assessed through pre-determined key performance indicators (KPIs) covering both environmental and social aspects. Compliance with the SLLP and the reasonableness of the established SPTs are reviewed independently by the third-party assessor Hong Kong Quality Assurance Agency.Mr. Wei Aiguo, Managing Director of AEON Credit, said, “We are delighted to have secured this syndicated sustainability-linked loan, which marks our ongoing efforts in advancing sustainable development. We recognise that environmentally and socially responsible business practices are integral to driving sustainable growth of the Group and creating long-term value for all stakeholders. By aligning our financing initiative with ambitious, material and quantifiable sustainability objectives, we are taking meaningful steps towards driving greater positive environmental and social impact, and reinforcing our accountability and commitment to sustainability. Looking ahead, we will explore further opportunities for sustainable funding, and continue to contribute to a greener and more sustainable future.”About AEON Credit Service (Asia) Company Limited (Stock Code: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987 and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the finance business, which includes the issuance of credit cards and the provision of personal loan financing, card payment processing services, insurance intermediary business in Hong Kong and microfinance business in Mainland China.For more information, please visit the company’s website at www.aeon.com.hk. Copyright 2025 ACN Newswire via SeaPRwire.com.

BUDAPEST, HUNGARY, Mar 1, 2025 - (ACN Newswire via SeaPRwire.com) - INDEX HUNGARIAIndexHU (Hungaria): Mr Heit, thank you very much for taking the time for this interview. Investments in fintech seem to be on the rise again worldwide. How do you see this?Josip Heit: Thank you very much for the invitation. Fintechs have reconfirmed their status as a promising growth sector after a period of investment restraint. We are seeing an upward trend in venture capital financing, particularly in Asia and the United States. Current data from CB Insights and Bloomberg confirm this upswing.IndexHU (Hungaria): To what extent do geopolitical factors and the economic climate influence the fintech market?Josip Heit : Geopolitical tensions can certainly have an on investment decisions and regulatory frameworks. However, the recent easing in certain regions and ongoing digitalisation have strengthened fintech activities overall. In addition, investors and consumers are often looking for more flexible financial solutions in times of higher inflation.IndexHU (Hungaria): Some analysts believe that falling interest rates and better opportunities to raise capital could give fintech companies a strong boost. Do you agree?Josip Heit: Definitely. Low interest rates reduce the cost of borrowing and therefore enable fintechs to grow faster. We are also observing that institutional investors are increasingly channelling funds into technology projects, which greatly benefits fintech start-ups.IndexHU (Hungaria): Payments and wealthtechs appear to be experiencing a strong recovery. What are the reasons for this?Josip Heit : The pandemic has accelerated the global spread of digital payment methods and this trend is continuing. Wealthtechs are benefiting from the fact that private and institutional investors increasingly want to organise their wealth management digitally.IndexHU (Hungaria): How do you assess the cooperation between fintechs and US banks and the future of open banking?Josip Heit : Clearer regulatory requirements have intensified cooperation. Traditional banks benefit from innovations, while fintechs can draw on established customer bases. Open banking promotes transparency and competition. Under Donald Trump's second presidency, fintech companies have gained additional influence in Washington, which may accelerate regulatory development.IndexHU (Hungaria): Recently, regulators in thirty-five US states and Canadian provinces reached an agreement with GSB Germany, the company you founded. Can you explain the most important points?Josip Heit: Of course. The agreement does not provide for any fines, but enables eligible customers in these jurisdictions to receive refunds. An independent administrator, AlixPartners, will take over the settlement of the claims, which started on 21 February 2025 and will end on 22 May 2025. We see this as a constructive solution that reaffirms our commitment to our community.IndexHU (Hungaria): How do you think this agreement will affect GSB Germany's position in the fintech sector?Josip Heit: Our priority is transparency and compliance. By reaching this agreement, we want to strengthen GSB Germany's reputation and focus on providing forward-looking, solid technological solutions to our trusted partners. We have also expressed our willingness to settle with any other US or Canadian regulator on the same terms.IndexHU (Hungaria): Finally, how would you describe the role of unicorns in the fintech sector?Josip Heit : Unicorns attract a lot of attention due to their valuations and illustrate the rapid growth of the industry. Nevertheless, they have to prove the long-term viability of their business models.IndexHU (Hungaria): Mr Heit, as an expert in technological solutions for the fintech industry, thank you for the interview.The information provided in this interview is for general information purposes only and does not constitute financial, investment, legal or other professional advice. Readers should not the content as a reliable basis for financial decisions or forecasts.Press contact:INDEX HUNGARIABalatoni út 2-a-1St FloorB ÉpületBudapest, 1112, HungaryPhone: +36 1 621 0000https://www.IndexRSS.comPresse@IndexRSS.comSOURCE: INDEX HUNGARIA Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Feb 27, 2025 - (ACN Newswire via SeaPRwire.com) - Chifeng Jilong Gold Mining Co., Ltd. (“Chifeng Gold”), the largest non-state owned gold producer in China, today announced the details of the proposed listing of its shares on the Main Board of The Stock Exchange of Hong Kong Limited (“HKEX”).Chifeng Gold intends to offer an aggregate of 205,652,000 H Shares (subject to the Offer Size Adjustment Option and the Over-allotment Option), of which 20,565,200 H Shares will be for the Hong Kong Public Offering (subject to reallocation and the Offer Size Adjustment Option), and 185,086,800 H Shares will be for the International Offering (subject to reallocation, the Offer Size Adjustment Option and the Over-allotment Option). The Offer Price ranges from HK$13.72 to HK$15.83 per H Share. Assuming that the Over-allotment Option is not exercised, after deducting the underwriting commissions and other estimated offering expenses payable by Chifeng Gold in connection with the Global Offering, and assuming an Offer Price of HK$14.78 per Share (being the mid-point of the indicative Offer Price range), the estimated net proceeds from the Global Offering will amount to approximately HK$2,886.8 million. As part of the Global Offering, Chifeng Gold has the Offer Size Adjustment Option under the Hong Kong Underwriting Agreement, pursuant to which, Chifeng Gold may issue and allot any number of up to an aggregate of 30,847,800 H Shares, representing approximately 15% of the Offer Shares initially offered under the Global Offering, at the Offer Price, to cover additional market demand, if any.The Hong Kong Public Offering will commence on 28 February 2025 (Friday) and will end at noon on 5 March 2025 (Wednesday). Dealing of Chifeng Gold’s H Shares is expected to commence on the Main Board of HKEX on 10 March 2025 (Monday) under the stock code 6693, with each board lot size at 200 H Shares.CITIC Securities (Hong Kong) Limited is the Sole Sponsor. CLSA Limited is the Sponsor-Overall Coordinator, Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager. Macquarie Capital Limited is the Overall Coordinator, Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager. China International Capital Corporation Hong Kong Securities Limited is the Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager.Investment HighlightsChifeng Gold is the largest non-state owned gold producer in China and is mainly engaged in the mining, processing and sales of gold. Its gold Resources and gold production rank fifth among the gold producers in China. Currently, Chifeng Gold owns and operates six gold mines and one polymetallic mine across the world, including China, Southeast Asia, and West Africa. For the three financial years ended 31 December 2023, Chifeng Gold’s total revenue continued to grow, reaching approximately RMB3,782.6 million, RMB6,266.8 million and RMB7,221.0 million, respectively. For the nine months ended 30 September 2024, Chifeng Gold’s total revenue amounted to RMB6,222.8 million.China’s largest non-state owned gold producer with leading production and revenue growth and promising market prospectsFrom 2021 to 2023, Chifeng Gold’s gold production has grown rapidly, with total gold production volume of 260 koz, 436 koz and 461.5 koz, respectively, which represents a CAGR of 33.1%, making it the leading gold producer in terms of gold production growth rate in China during the period. In addition, Chifeng Gold’s domestic gold mines have relatively high ore grades, making them some of the top-tier deposits in China. According to Frost & Sullivan, as of 31 December 2023, Chifeng Gold’s major domestic gold mines, namely the Jilong Gold Mine, Wulong Gold Mine and Huatai Gold Mine, had the highest gold grades among the top five gold producers in China.Chifeng Gold has high visibility and certainties in its production expansion plans for its gold mines and aims to achieve Resources and Reserves enhancement through exploration activities. In terms of overseas gold assets, Chifeng Gold is accelerating the construction of the open-pit and underground mining projects of the Sepon Gold and Copper Mine, which is expected to increase the annual underground mining capacity from the current 536,000 tonnes to 806,000 tonnes by 2025. Meanwhile, Chifeng Gold is accelerating the modelling and study of exploration prospects at Discovery West Deeps and Phavat North with open-pit and underground mining potentials. The annual underground mining capacity is expected to be further increased after 2026 and 2027. In terms of domestic gold assets, Chifeng Gold’s Wulong Gold Mine has been undergoing several technological improvement projects. It is estimated that the annual processing capacity of the Wulong Gold Mine will increase from 578,000 tonnes to approximately 700,000 tonnes by the end of 2024. At the same time, Chifeng Gold has also initiated an expansion project at the Jilong Gold Mine to increase its annual mining capacity to approximately 300,000 tonnes by the end of 2025.Excellent track record of identifying acquisition targets, executing transactions and integrating businesses, with rich overseas experience and strong international reputationChifeng Gold believes that a core competitiveness metric of gold companies is the ability to continuously obtain high-quality mineral resources. Newly discovered gold deposits in China have been limited in recent years, and the grade of gold is generally at a relatively low level. As a result, in addition to developing its existing gold mines in China, Chifeng Gold has strategically focused its expansion plan on identifying and acquiring suitable and high-quality overseas assets to maintain a sustainable growth. As of 30 September 2024, its overseas assets accounted for approximately 65.2% of its total assets, and its overseas revenue accounted for approximately 71.2% of its total revenue. According to Frost & Sullivan, Chifeng Gold is the gold company in China with the greatest overseas presence both in terms of overseas assets contribution as of 31 December 2023 and in terms of overseas revenue contribution in 2023.Chifeng Gold’s management team has profound experience in overseas acquisitions and is highly competent in integrating and operating acquired overseas assets and can leverage its advantages in overseas expansion to achieve sustainable and efficient growth. Similar to Chifeng Gold’s acquisition of the Sepon Gold and Copper Mine in Laos in 2018 and the Wassa Gold Mine in 2022, Chifeng Gold was one of the first large-scale Chinese mining companies operating in Ghana. Chifeng Gold has continued to promote an inclusive culture and localized management and operation concepts during the integration process, establishing a sound relationship with the local governments and local communities, and earning accolades for contributing to regional development. Continuously improving the cost curve to enhance efficiency through technological upgrade and to drive profitabilityChifeng Gold continues efforts to reduce costs and increase the efficiency of its operations, aimed at achieving and maintaining a more favorable position on the cost curve relative to its industry peers. Chifeng Gold’s operational efficiency enhancement surpassed the worldwide industry average by a notable margin and is positioned lower in terms of gold AISC than that of the global average. As of 31 December 2023, Chifeng Gold’s gold AISC stood at US$1,179.1 per ounce, placing it in the first quartile in the worldwide industry, while the global average for the same period was approximately US$1,348.5 per ounce, which is 14.4% higher than Chifeng Gold’s. In 2023, Chifeng Gold decreased its gold AISC by 12.0%, whereas the average AISC for international gold producers increased by 7.2% during the same period.As for the overseas operation, Chifeng Gold has made significant progress in reducing unit costs at the Sepon Gold and Copper Mine through improvements in gold recovery rates and the implementation of underground mining projects. Chifeng Gold also adopted a series of capital investments and operational improvements which were completed to debottleneck process constraints and improve plant reliability and efficiency. Besides, it optimized procurement channels, enhanced material utilization, and increased production capacity. In terms of domestic operation, Chifeng Gold has sought to continuously improve its operational efficiency and recovery rate at its mines through incremental changes and investments. The operational effect of these continuous improvements is evident from the fact that in 2023 Chifeng Gold’s PRC Gold Mines recorded an average gold AISC of approximately US$877.4 per ounce, showing a year-on-year decrease of 27.2%.Strong social responsibility and solid commitment to promoting green and sustainable development with high ESG standardsChifeng Gold attaches great importance to the environment and workplace safety, cares about the people and communities in which it operates and actively fulfills its social responsibilities. International industry standards and best international practices are applied in Chifeng Gold’s overseas mines and the same standards are adopted in its domestic mines on a step-by-step basis. For example, Chifeng Gold executes relevant ESG procedures in accordance with the standards required by the World Gold Council (WGC) and the United Nations Global Compact (UNGC) and publishes ESG reports regularly. Chifeng Gold’s commitment to sustainable development and its focus on diversity and inclusion have been acknowledged through various honors and ratings.Seasoned and dedicated management team with a proven track record in mine operationsChifeng Gold has assembled a highly skilled and experienced team of industry and capital markets experts, covering a broad range of disciplines, including, corporate management, mining, processing, geology, finance, and law, among other areas. Mr. Wang Jianhua, Chairman and Executive Director of Chifeng Gold, is a transformative and efficient leader who is renowned for his exceptional leadership skills within major corporate entities, brings a wealth of experience in management and corporate governance which is characterized by an emphasis on employee safety and welfare. Mr. Wang successfully led and managed a drilling program through 2021 to 2022 in the Dandong area that set a record-breaking depth of 3,003 meters, which introduced a new era of deep-drill gold exploration in China’s northeast region. Ms. Yang Yi-fang, Chief Executive Officer and Executive Director of Chifeng Gold, has extensive managerial experience in the global mining industry, Hong Kong listed companies and capital markets in general. Since joining Chifeng Gold, Ms. Yang has implemented a series of management and operational changes to strengthen the Company’s cashflow management, internal control and corporate governance, and championed technological upgrades across its operations throughout the world to minimize costs, improve mine recovery rates, advance operational excellence, and improve employee health and safety.Business StrategiesContinue to increase Ore Reserves through exploration activities and expand production volume at existing mines to realize full growth potentialChifeng Gold’s existing mines at home and abroad are situated in favorable mineralization environments, showcasing significant exploration prospects across the majority of the relevant mining regions. Therefore, Chifeng Gold plans to further maximize the potential of its existing mines by continuous production expansion, further exploration and Reserve enhancement:- Wulong Gold Mine: Chifeng Gold has identified several areas of gold mineralization in its mining area and its peripheral areas, which is a precursor to exploration and reserve enhancement in its deep and peripheral areas. Chifeng Gold is advancing underground development projects to increase its annual processing capacity to approximately 700,000 tonnes by the end of 2024. The mine’s average daily processing capacity increased to over 1,800 tonnes in the second half of 2023. Chifeng Gold will also continue to dedicate resources to exploration and reserve enhancement to tap into the potential of resources in the deep and peripheral areas. Chifeng Gold is also cooperating with the China Geological Survey Bureau Shenyang Geological Survey Center, which is expected to strengthen the exploration foundation.- Jilong Gold Mine: Chifeng Gold has achieved promising results in both peripheral and deep drilling programs, including the discovery of industrial ore bodies in six drill holes. Chifeng Gold completed a 180,000-tonne processing plant expansion project and commenced trial production in June 2024. Chifeng Gold plans to increase its annual mining capacity to approximately 300,000 tonnes by the end of 2025. Construction of a new tailings storage facility has commenced, with other construction projects progressing as planned. Chifeng Gold has entered into a framework agreement with Aohanqi Longxing Resources Development Company Limited, which is expected to expand its exploration area.- Huatai Gold Mine: The expansion project is currently under construction, and it will initiate a comprehensive transformation of the mine’s infrastructure and the commencement of shaft engineering construction by the end of 2024. Infrastructure development is expected to be nearly complete by the end of 2026, with the Huatai Gold Mine gradually resuming mining operations in 2026. Upon completion, the annual mining capacity is expected to increase by an additional 30,000 tonnes.- Sepon Gold and Copper Mine: Chifeng Gold will continue its further construction and production expansion plans for the underground mines and proceed with exploration in the peripheral areas of the mine. Chifeng Gold is also conducting a series of research projects at the underground copper mine and open-pit copper mine to increase gold and copper Reserves and further improve ore processing recovery rates.- Wassa Gold Mine: Chifeng Gold will further expand its mining and processing capacity with the goal of developing the Wassa Gold Mine into a large-scale gold mine. Chifeng Gold expects to achieve (i) annual processing capacity of approximately 3.3 million tonnes, and (ii) annual gold production of 350 koz by the end of 2028. Chifeng Gold will also carry on its exploration of the peripheral areas of the Wassa Gold Mine for more Resources and Reserves as well as a longer mine life.Continue to obtain Resources and Reserves and increase production volume through domestic and overseas acquisitions of high-quality gold assets for robust and sustainable growthChifeng Gold will remain focused on quality assets at home and abroad to further expand the amount and production scale of gold Resources and further consolidate and strengthen its market position. Chifeng Gold evaluates potential acquisition targets based on four key factors, namely (1) asset quality and production volume, (2) asset location, (3) asset stage, and (4) equity stake of assets. At the same time, it intends to persist in acquiring further cutting-edge, international technologies and mining management techniques, operational models, and global talent through overseas acquisitions for its long-term development. Chifeng Gold also actively implements international strategies and progressively infuses ESG principles into all facets of its mining production and operations across the world. As a prominent national gold enterprise in China with a strong international outlook, Chifeng Gold joined the Shanghai Gold Exchange as a full-fledged member in 2023 and has won multiple national accolades and awards for its efforts in promoting mining safety, environmental protection and sustainable development.Continue to improve production efficiency, reduce costs and increase profitabilityWith the current industry trend of increasing overall costs in the gold mining sector and the scarcity of high-grade Mineral Resources, Chifeng Gold recognizes the critical importance of enhancing operational efficiency, reducing expenses, and boosting profitability for its long-term sustainability. Chifeng Gold’s strategies include the continuous exploration of innovative technologies and a dedicated focus on cost-cutting measures such as centralized procurement, organizational streamlining, workforce optimization, and prudent assessment of gold production and pricing strategies.Chifeng Gold has utilized its global centralized procurement center in Shanghai for its domestic and overseas mines and intends to effectively control and reduce procurement costs through centralized procurement and resource optimization to secure low prices and favorable contractual terms. In addition, it intends to consistently apply tailored strategies based on the specific circumstances of each mine to reduce costs and enhance efficiency, and to continue research into processing technologies to optimize Resource utilization. In addition to cost reduction and efficiency improvement, Chifeng Gold will also strive to enhance operational efficiency, especially after the acquisition of new assets. It will improve the corporate framework to lower administrative expenses and identify other cost-saving methods to support its commitment to prudent financial stewardship and the enduring success of its business.Adhere to the corporate culture of “Mutual Prosperity and Development” and improve ESG governanceChifeng Gold firmly believes that highly efficient systems and mechanisms are key factors for achieving continuous business growth and success in the global gold mining industry. Therefore, it will continue to value and realize the corporate culture of “Mutual Prosperity and Development”. Looking ahead, Chifeng Gold will further expand the scope of equity incentives and offer equity or phantom stock incentives to domestic and overseas teams to enhance employee engagement and performance.Chifeng Gold will also consider the environment and safety, caring for employees and the community, and assuming social responsibility as important goals for its corporate development initiatives. Chifeng Gold is committed to energy saving and emissions reduction, and its mining activities are shifting to cleaner and more efficient energy sources. In particular, the Jilong Gold Mine is planning to build a 10-megawatt solar power plant, and the Wulong Gold Mine, Sepon Gold and Copper Mine, and Wassa Gold Mine are also actively planning to develop renewable energy systems. Going forward, Chifeng Gold aims to expedite the advancement of new energy infrastructure, actively participate in low-carbon transitions, systematically and gradually phase out fossil fuels through diverse clean energy blends, and realize the transition to substantial decarbonization.Use of ProceedsAssuming that the Over-allotment Option is not exercised, after deducting the underwriting commissions and other estimated offering expenses payable by Chifeng Gold in connection with the Global Offering, and assuming an Offer Price of HK$14.78 per Share (being the mid-point of the indicative Offer Price), Chifeng Gold estimates that the net proceeds will be approximately HK$2,886.8 million from the Global Offering. Chifeng Gold intends to use the net proceeds from the global offering for the following purposes, subject to adjustment based on Chifeng Gold’s evolving business needs and changing market conditions:PurposePercentage- To be used over the next five years to upgrade and explore existing mines to fully realize Chifeng Gold’s growth potentialApproximately 50%- To be used over the next three years to acquire sizable, high-quality mining assets preferably with open-pit mines in countries with mature mining industries and stable policies on mining industriesApproximately 40%- To be used for general corporate purposesApproximately 10%About Chifeng Jilong Gold Mining Co., Ltd.Chifeng Gold is the largest non-state-owned gold producer in China, mainly engaged in the mining, processing and sales of gold, with leading growth in gold production. As of 10 February 2025, Chifeng Gold owned and operated six gold mines and one polymetallic mine across the world, including China, Southeast Asia, and West Africa. Chifeng Gold has experienced the fastest growth among major gold producers in China and ranks fifth among gold producers in China in terms of gold resources. Chifeng Gold’s A Shares are listed on the Shanghai Stock Exchange under stock code 600988.[1] According to Frost & Sullivan, in 2023, (i) Chifeng Gold ranked fifth among gold producers in China in terms of gold Resources, with gold Resources of 13.6 million oz; and (ii) Chifeng Gold ranked fifth among gold producers in China in terms of gold production, with production of 461.5 koz of gold.[2] According to Frost & Sullivan.[3] According to Frost & Sullivan.[4] According to Frost & Sullivan, in 2023, (i) Chifeng Gold ranked fifth among gold producers in China in terms of gold Resources, with gold Resources of 13.6 million oz; and (ii) Chifeng Gold ranked fifth among gold producers in China in terms of gold production, with production of 461.5 koz of gold.Past performance is no guarantee of future results. In evaluating Chifeng Gold’s business, prospective investors should carefully consider the information provided in the Prospectus, including, but not limited to, the sections headed “Risk Factors” and “Business.” Prospective investors should make an independent assessment of the merits, risks or otherwise of any investment in the shares of the Company and should seek third-party professional advice. The Company assumes no responsibility to update forward-looking statements or to adapt them to future events or developments. Capital at risk. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Feb 26, 2025 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) welcomes the 2025-26 Budget announced this morning by the Financial Secretary of the Hong Kong Special Administrative Region (HKSAR), Paul Chan.The Budget introduces a series of measures centred around technological innovation to empower industrial development and facilitate the continuous growth of SMEs and start-ups. The measures also help attract diverse sources of investment and promote mega events to comprehensively engage businesses, capital and talent. They also strive to accelerate development of the new quality productive forces to drive high-quality economic growth in Hong Kong.HKTDC Chairman Dr Peter K N Lam believes that the series of measures in the Budget, including the injection of funds into the Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD Fund) and the SME Export Marketing Fund, offers concrete support to SMEs amid a challenging economic evnrionment.  The Budget also proposes measure that help consolidate Hong Kong's advantages around its “eight centres” positioning boosting future growth and prosperity.Dr Lam added: “The Budget mentions initiatives to strengthen assistance for local SMEs to explore the mainland market and increase e-commerce sales. This year, the HKTDC will launch the ‘E-commerce Express’ in collaboration with major e-commerce platforms and industry experts. Through a series of thematic training seminars and one-on-one advisory services, this initiative aims to enhance Hong Kong businesses' understanding of mainland e-commerce and online platforms, offering comprehensive support for SMEs intending to expand into the mainland e-commerce market. The upcoming second edition of the Hong Kong Shopping Festival in August serves as the flagship event of this initiative, offering Hong Kong businesses hands-on experience using e-commerce platforms to explore the mainland market and enhance the visibility of their products and brands. The HKTDC will work closely with the Trade and Industry Department to enhance mentorship schemes, empowering Hong Kong businesses to effectively leverage mainland e-commerce and online platforms to promote their products.”The Budget also proposes various measures to promote innovation and technology development, with increasing exposure for local tech products being an important component. The HKTDC will launch a thematic pop-up display area to its Hong Kong Design Gallery, as well as at exhibition venues during major exhibitions, to showcase local high-quality and innovative technology products to local and overseas buyers and consumers.The HKTDC will closely collaborate with local education and research institutions to provide more physical product showcases and sales platforms for Hong Kong technology enterprises and start-ups. These partnerships will help Hong Kong research companies build their product brand image, while raising the visibility of Hong Kong brands among local and international buyers.In strengthening Hong Kong's role as a superconnector and super value-adder, the Budget mentions that the Financial Services and the Treasury Bureau, in collaboration with the Office for Attracting Strategic Enterprises (OASES) and the HKTDC, will host the inaugural Hong Kong Global Financial and Industry Summit this year. By leveraging Hong Kong's financial strengths, the new Summit will further enhance international industrial cooperation to attract capital and businesses to Hong Kong. The HKTDC is also enhancing project connections and deal-making promotion at the Belt and Road Summit, focusing on green development and innovative technology, positioning Hong Kong as a commercial hub for Belt and Road.The HKTDC will continue to closely cooperate with the HKSAR Government, actively promoting Hong Kong's advantages to global markets, while attracting international financial and business leaders to explore global market opportunities through the Hong Kong platform.The HKTDC will continue to enhance Hong Kong's competitiveness and international connections. In the 2025-26 fiscal year, the HKTDC will focus on three main areas:1.Reinforcing Hong Kong’s unique position as a resilient and connected global business hub, while strengthening its integration into national development as well as its role as a superconnector and super value-adder;2.Fortifying Hong Kong’s competitiveness by embracing innovation and sustainable development to support the national new quality productive forces strategy, while seizing opportunities arising from global trends;3.Building the next generation of connected and future-ready SMEs and start-ups, while fast-tracking SMEs’ digital transformation.For more details, please refer to this press release.Media enquiriesHKTDC’s Communications & Public Affairs Department:Agnes Wat        Tel: (852) 2584 4554         Email: agnes.ky.wat@hktdc.orgSam Ho           Tel: (852) 2584 4569         Email: sam.sy.ho@hktdc.orgTo view press releases in Chinese, please visit http://mediaroom.hktdc.com/tcAbout 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. Follow us on @hktdc and LinkedIn Copyright 2025 ACN Newswire via SeaPRwire.com.

PT TransNusa Aviation Mandiri makes Indonesia proud by becoming the first Indonesian airline to launch new scheduled flight from Bali, Indonesia to Guangzhou, ChinaTransNusa successfully started sale of tickets on February 24th with a promotional rate of 388.000, CNY999 and USD149, one-wayTransNusa simultaneously launches one of the fastest and seamless scheduled connecting flight from Guangzhou, China to Perth, Australia via BaliJAKARTA, Feb 26, 2025 - (ACN Newswire via SeaPRwire.com) - TRANSNUSA has yet again added another feather in its cap by becoming the first Indonesian airline to launch scheduled flights from Bali, Indonesia to Guangzhou, China.In addition, the airline also announced that it will be simultaneously launching scheduled connecting flights from Guangzhou to Perth via Bali.TransNusa Group Chief Executive Officer and aviation veteran, Datuk Bernard Francis said, “We are always looking at developing new routes to benefit our passengers. While traditional routes such as Bali to Perth and Bali to Guangzhou are important, we also strive to go the extra mile to provide fast as well as seamless connectivity to our passengers.“With the launch of our new Bali-Guangzhou route, our passengers can now enjoy one of the fastest scheduled connecting flights to either Guangzhou or Perth via Bali, with a transit duration of either 1 hour and 30 minutes or 2 hours and 35 minutes, depending on the day and time of the scheduled flights.“From April 13th to May 31st, on a weekly basis, there will be three connecting flights from Guangzhou Baiyun International Airport to Perth International Airport, Australia while from Perth there will be two connecting flights weekly via Bali to Guangzhou,” Datuk Francis said, adding that connecting flight from Guangzhou will be every Monday, Tuesday and Thursday while the connecting flight from Perth to Guangzhou via Bali will be on Monday and Saturday.Datuk Francis further elaborated that from June onwards, the airline will be flying daily from Perth and Guangzhou to Bali. As such, from June onwards, passengers can also enjoy daily connecting flights. The Quangzhou to Perth flight ticket price will start from as low as CNY1899, USD 259 and AUD399.Within the first quarter of 2025, two-year old TransNusa has already broken the traditional norm and planned a holistic 360-degree flight path from Guangzhou to Perth via Bali. This innovative move is a historical first and a strategic triumph for the airline since TransNusa’s re-launch as a Premium Service Carrier in October 2022.In breaking the sound barrier of convention and implementing its planned holistic 360-degree flight path from Guangzhou to Perth via Bali, TransNusa kick-started 2025 by announcing the launch of its Bali-Perth route in January, with flight tickets priced from as low as IDR1.799.000, AUD169, CNY782, and USD163.Details of the new Bali-Guangzhou RouteIn order to implement the holistic 360-degree flight path from Guangzhou to Perth via Bali, TransNusa is launching its Bali-Guangzhou route on April 13th. Tickets for the new scheduled route are priced at a promotional rate that starts from IDR2.388.000, CNY999 and USD149. Flight tickets can be purchased at transnusa.co.id and all other main online travel agent platforms.“In addition to the connecting flight, with the launch of this new route, we hope to also provide tourists from China additional options to travel to the Island of Gods, Bali,” Datuk Francis said.At the initial stage, from April 13th to May 31st, TransNusa will be operating four flights a week from I Gusti Ngurah Rai International Airport, popularly known as the Denpasar International Airport. The TransNusa flight, 8B 969, will depart Bali at 20.15pm and arrive at the Guangzhou Baiyun International Airport at 01.00am while TransNusa flight, 8B 968, will depart Guangzhou Baiyun International Airport at 02.05am and arrive in Bali at 07.40am. The TransNusa flight will depart Bali every Sunday, Tuesday, Friday and Saturday while flights will depart Guangzhou on Sunday, Monday, Wednesday, and Saturday. For this scheduled flight, TransNusa will be utilizing its A320 narrow-body jet airliner, which has 174 seats, to cater for the five-hour scheduled flight.Brief History On TransNusaTransNusa, which had to close business due to the Covid-19 pandemic was injected with new shareholders and management team in 2022. The airline opened its doors for business in October and within six months, in April 2023, launched its first international flight from Jakarta to Kuala Lumpur, Malaysia.After which, under the new leadership of Datuk Francis, and the new management team, the airline successfully launched three more new international routes by the end of 2023. In 2024, the airline continued growing its international and domestic route and at the same time recording historical firsts that also became a significant industry first for the Indonesian aviation industry. Since April 2023, TransNusa has been making headlines in Malaysia, Singapore, China and around the world with news of being the first airline in Indonesia and the world to develop and introduce a new domestic route connecting Bali and diving haven, Manado. TransNusa also became the second Indonesian airline to receive approval to fly to China and provided Indonesians with more pricing and route options to China.TransNusa’s aggressive international growth strategy combined with its domestic business operations approach has enabled the airline to be the fastest growing airline in South East Asia.- ENDS -For Further information, please contact Trina Thomas Raj, Primary Communications and Marketing Consultant by email trina@myqaseh.org OR by mobile +60124992672 (Watsapp)About TransNusa TransNusa Airline, is a Premium Service Carrier. After the take-over, in February 2024, the airline rebranded itself from being a Low-Cost Carrier to a Premium Service Carrier in line with its upgraded aircrafts that offers better comfort as well as based on the flexibility and quality of the services offered.TransNusa, which received its AOC certification on 9th September 2022, launch its first three A320 operations on 6th October, 14th October and 12th December, 2022.  In 2023, TransNusa introduced a new business model making it the first Premium Service Carrier in the Asia Pacific region. TransNusa introduced its first international flight on 14th April, 2023. The airline is currently based in Jakarta Soekarno-Hatta International Airport.The airline currently flies from Jakarta to Yogyakarta, Bali, Kuala Lumpur, Malaysia, Subang, Malaysia and Guangzhou, China. It also flies from Bali to Jakarta and Manado. TransNusa made history when it became the second Indonesian airline to fly to China and the first Indonesian airline to launch a Premium Service Carrier business model.Passengers can book their flights on the TransNusa website (www.transnusa.co.id), through authorized travel agents in Singapore, Malaysia and Indonesia, or by contacting the airline's customer service centre at, +62216310888. For the Singaporean market, passengers can contact TransNusa’s General Sales Agent, Chariot Travels Pte Ltd, at +65 86602719 for assistance. Copyright 2025 ACN Newswire via SeaPRwire.com.

FY 2024 recorded a net profit of S$0.31 million, following losses of S$4.05 million in FY 2023, driven by streamlined operations and cost structures enhancing efficiency to achieve profitabilityS$12.36M order book (31 December 2024) surpasses FY2024 revenue, set to drive higher margins and sustainable earnings growthStrategically positioned for expansion through market and geographical diversification amidst improving macroeconomic landscapeSINGAPORE, Feb 26, 2025 - (ACN Newswire via SeaPRwire.com) - Sevens Atelier Limited (the “Company” or “Sevens Atelier”, and together with its subsidiaries, the “Group”), one of the  leading players in the Design and Build industry for landed properties, has announced its financial results for the twelve months (“FY 2024”) ended 31 December 2024.In FY 2024, the Group marked a significant milestone by delivering a net profit of S$0.31 million, following a loss of S$4.05 million in FY 2023, despite a decrease in revenue from S$14.33 million in FY 2023 to S$9.10 million in FY 2024. This achievement comes as a direct result of management’s decisive actions to optimize costs, streamline operations, and improve financial discipline.Gross profit margins grew from 15.4% to 19.6% year-on-year, signalling the success of focused restructuring and cost management efforts. In addition, administrative expenses reduced by almost 50%, setting the foundation for sustainable, long-term growth through operating a leaner and more efficient organisation.The Group continues to grow its reputation as the preferred choice for customers as it has accumulated an order book amounting to S$12.36 million as at 31 December 2024, positioning the Company for stronger revenue streams in the coming year. Aligned with targets of enhancing project profitability, these contracts are expected to generate higher profit margins than in previous years, reflecting a shift towards a more sustainable and profitable business model, despite challenges such as cost inflation and rising competition.Additionally, the Group’s focus on high-quality, Design and Build solutions for landed homes in Singapore continues to set it apart from competitors. For instance, the Group’s unique flagship experience centre enhances customer engagement, contributing to increasing demand and a growing pipeline of projects.Looking ahead, the Group is actively exploring strategic growth opportunities through mergers and acquisitions (M&A) and expansion into new business segments and geographic markets. With a favourable macroeconomic outlook, including stabilizing market demand and positive expectations on further global interest rate adjustments, the Company is well-positioned to capitalize on emerging opportunities.The Group Operation Director, Mr. Tang Yao Zhi commented, “Achieving our first full-year profit since changing to a Design and Build player is a testament to our unwavering commitment to financial prudence and operational efficiency. Looking ahead, we are looking ahead to executing our growing orderbook, which already exceeds FY2024’s revenue.”About Sevens Atelier Limited (SGX:5EW)Sevens Atelier is listed on the Catalist Board of the Singapore Exchange. The Company offers full-fledged consultancy services in the Design & Build industry, including pre-leasing consultations of business spaces and pre-purchase inspections of premium landed properties in Singapore.  From consultation to completion, the Company provides turnkey services to its premium clients. Sevens Atelier is a BCA-certified solutions provider in the Design and Build arena with the goal to constantly improve and evolve. Its artisanal capabilities are a hallmark of its commitment to clients.For all media queries, please contact:Tang Yao ZhiT: (+65) 8139 7777E: yaozhi@sevensatelier.comThis press release has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the “Sponsor”).  It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release.The contact person for the Sponsor is Ms. Foo Jien Jieng, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.  Copyright 2025 ACN Newswire via SeaPRwire.com.

West Palm Beach, FL, Feb 25, 2025 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn., the official brand of the United States Polo Association (USPA), proudly served as the Official Apparel Sponsor of the 2025 Dubai Polo Gold Cup for the second year in a row. The prestigious tournament was hosted at the iconic Al Habtoor Polo Club in Dubai, United Arab Emirates (UAE), from February 5-22, 2025.U.S. Polo Assn.In partnership with Aydinli Group, U.S. Polo Assn.'s brand partner in the Middle East, the classic, sport-inspired brand provided performance jerseys for multiple teams, branded apparel for all on-site staff, and gifts to the finalists. During the game's fun-filled divot stomp, spectators also enjoyed a special giveaway of U.S. Polo Assn. branded caps.The Dubai Polo Gold Cup was an unforgettable two-week tournament ending with an intense final game between two strong teams, the UAE Polo Team and Jehangiri Polo. Ultimately, the UAE Polo Team prevailed with a final score of 9-8, and their name will be etched into the Gold Cup trophy. The event offered a blend of the highest-rated polo in the UAE, along with international musical entertainment, global cuisines, and one-of-a-kind retail experiences to the thousands of spirited sports fans in attendance."U.S. Polo Assn. is thrilled to once again partner with the Dubai Polo Gold Cup as the Official Apparel Sponsor in this premier venue for polo in the UAE," said J. Michael Prince, President and CEO of USPA Global, which manages the multi-billion-dollar U.S. Polo Assn. brand. "Dubai and the UAE region are key markets for our sport-inspired brand, and we are honored to participate in this iconic event by showcasing U.S. Polo Assn. to sports fans and consumers alike."The Dubai Polo Gold Cup was founded in 2009 by His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, and has since become a cornerstone on the international polo calendar, comparable to major events in Argentina, Spain, the United Kingdom, and the United States."We are honored to represent U.S. Polo Assn. in the UAE, and the Dubai Polo Gold Cup is the perfect event to align our authentic sports brand with the prestigious sport of polo in Dubai," said Seref Safa, Chairman of the Board of Aydinli Group, the Middle Eastern partner for U.S. Polo Assn. "Each year, this event showcases some of the finest polo teams and ponies in the world, providing a mix of sportsmanship and style for all attendees, making this a high-profile event in Dubai that's not to be missed."Photo Credit: Margarita CrottoAbout U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in North America, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. Historic deals with ESPN in the United States and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global and digital growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.For more information, visit uspoloassnglobal.com and follow @uspoloassn.USPA Global is a subsidiary of the USPA and manages the global, multi-billion-dollar U.S. Polo Assn. brand. Through its subsidiary, Global Polo Entertainment (GPE), USPA Global also manages Global Polo TV, which provides sports and lifestyle content. For more sports content, visit globalpolo.com.About Aydinli GroupAydinli Group is the Middle Eastern and Eastern European partner for the global, multi-billion-dollar U.S. Polo Assn. brand. Aydinli Group adopts the principle of quality service and universal values, produces environmentally conscious products, and provides world-class, customer-oriented service. With more than 690 stores, 300 of which are abroad, and more than 7,500 employees, it is one of the largest apparel retailers in the region. Aydinli Group, which has operations in nearly 50 countries with U.S. Polo Assn., 10 countries with Pierre Cardin, and 8 countries with Cacharel, has license rights in 55 countries in total. For more information, visit aydinli.com.Contact InformationStacey KovalskyVP, Global PR and Communicationsskovalsky@uspagl.com+001.561.790.8036Shannon StilsonVP, Sports Marketing & Mediasstilson@uspagl.com+001.561.227.6994SOURCE: U.S. Polo Assn. Copyright 2025 ACN Newswire via SeaPRwire.com.

Highlights:Hole H078: 1.00% Copper and 0.46 g/t Gold over 107 meters within 409 meters of 0.39% Copper and 0.28 g/t Gold.Hole H079: 0.95% Copper and 0.79 g/t Gold over 82 meters within 213 meters of 0.59% Copper and 0.50 g/t Gold.Both drill holes represent the highest-grade mineralization intercepted to date at the Hat Project.Other drill holes reported are extending the mineralization envelope of the Hat deposit.Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - February 25, 2025) - Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the "Company" or "Doubleview") is pleased to announce significant assay results from its 2024 drilling program at the Hat Polymetallic Deposit in northwestern British Columbia. The results from drill holes H078 and H079 include the most substantial intervals of high-grade copper and gold mineralization encountered at the Hat Project to date. Drill holes H081, H082, H083 and H085 provide more details of the East Lisle Zone, a shallow extension of the Main Lisle Zone. (Drill hole H084 was abandoned before it reached its target depth).1- Central Lisle Zone Drill Results:The recent drilling focused on the Central Lisle Zone, which is interpreted as a potential porphyry feeder zone. The intercepts demonstrate shallow mineralization horizons and provide further evidence of the Hat Deposit's robust mineralization profile.Drill Hole H078:From 12 meters to 684 meters: 672 meters averaging 0.29% Copper and 0.22 g/t Gold (0.50% CuEq - see note (a) for CuEq calculation).Significant long intercepts include:409 meters (from 92 meters to 501 meters) averaging 0.39% Copper and 0.28 g/t Gold (0.65% CuEq) including107 meters (from 247 meters to 354 meters) averaging 1.00% Copper and 0.46 g/t Gold (1.42% CuEq), the highest-grade interval recorded at the Hat Project.Drill Hole H079:From 7 meters to 732 meters: 725 meters averaging 0.29% Copper and 0.22 g/t Gold (0.44% CuEq) including572 meters (from 150 meters to 722 meters) averaging 0.28% Copper and 0.25 g/t Gold (0.50% CuEq) and213 meters (from 510 meters to 723 meters) averaging 0.59% Copper and 0.50 g/t Gold (1.00% CuEq) and82 meters (from 600 meters to 682 meters) averaging 0.95% Copper and 0.79 g/t Gold (1.58% CuEq).Drill Hole H080:From 318 meters to 372 meters: 54 meters averaging 0.30% Copper and 0.21 g/t Gold (0.50% CuEq), including:22 meters (from 350 meters to 372 meters) averaging 0.54% Copper and 0.38 g/t Gold (0.91% CuEq).Table 1: Summary of Significant Drill InterceptsDDHFrom(m)To(m)Length(m)CuEq (%) Excl. Sc2O3Cu (%)Au(g/t)Ag(g/t)Co(g/t)Sc(g/t)H078          12.0684.0672.00.500.290.220.508528.7Incl.92.0501.0409.00.650.390.280.6610426.2Incl.134.0354.0220.01.000.600.441.0513025.6Incl.247.0354.0107.01.421.000.461.6114124.1H079          7.0732.0725.00.440.230.220.357329.0Incl.150.0722.0572.00.500.280.250.346828.8Incl.510.0723.0213.01.000.590.500.697031.2Incl.600.0722.0122.01.340.790.691.037330.6Incl.600.0682.082.01.580.950.791.257731.4H080          114.0444.0330.00.280.150.120.168228.3Incl.225.0279.054.00.500.300.210.219822.3Incl.225.0247.022.00.910.540.380.3516926.1Incl.232.0247.015.01.190.720.520.4517124.1 Please note: the intervals presented in this table are not true widthsCentral Lisle Zone Drill Results Discussion:The exceptional grades and intercepts reported from holes H078 and H079 confirm the high-grade nature of the mineralization within the Central Lisle Zone and suggest proximity to the core of the porphyry system, possibly representing the feeder zone. The intercepts display consistent copper, gold and strong cobalt values, as well as consistent scandium mineralization, reinforcing the Hat Deposit's potential as a significant resource of strategic metals.Figure 1: Section view of Central Lisle Zone based on 2024 Resource Block Model of the MRE with drill holes H078 and H079. [see note (b)]To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8003/242256_1c3c41839422c817_001full.jpgPresident and CEO, Farshad Shirvani, commented:"These are the most significant drill results we have ever reported from the Hat Project that is attracting attention from major players in the metals industry. The substantial copper and gold grades over considerable lengths indicate that we may be intersecting the core of the porphyry system. These results not only underscore the robust nature of the Hat Deposit but also enhance its potential to become a world-class polymetallic resource. We are excited about the conclusions of these findings and look forward to advancing the project with further drilling and exploration activities."2- East Lisle New Horizon:The East Lisle Zone has revealed a promising new zone of mineralization beyond the conceptual pit shell proposed in MRE V1 [note (b)] and at depth, which is expected to be extended in the upcoming MRE V2 with new conceptual pit walls. All drill holes in this setting intersected strong copper and gold mineralization.Table 2: Summary of Significant Drill Intercepts from East Lisle ZoneDDHFrom(m)To(m)Length(m)CuEq (%) Excl. Sc2O3Cu (%)Au(g/t)Ag(g/t)Co(g/t)Sc(g/t)H081          39.0354.0315.00.320.150.180.256127.3Incl.108.0327.0219.00.400.200.220.297028.0Incl.108.0229.0121.00.500.230.320.407026.0Incl.108.0142.234.21.130.500.811.085224.3Incl.133.8144.010.23.051.521.993.289022.2H082          69.0483.0414.00.330.220.110.396228.2Incl.152.7477.0324.40.370.260.100.446728.1Incl.258.0476.0218.00.500.370.130.617528.5Incl.288.6454.0165.40.600.440.150.768227.7Incl.347.9463.0115.10.620.500.110.927827.0Incl.385.0424.039.00.920.750.151.4010326.7H083          115.9327.0211.10.380.200.200.266426.3Incl.201.0303.6102.60.590.330.310.337928.7Incl.204.0263.059.00.850.500.410.5010229.3Incl.229.0263.034.01.290.750.630.7413724.3Incl.229.0249.020.01.761.030.871.0316024.6H085          42.0454.4412.40.200.110.090.195129.8Incl.307.0464.0157.00.330.210.120.296231.1Incl.386.0459.073.00.380.250.130.386533.3Incl.441.4459.017.70.700.450.280.638727.1Incl.441.4453.412.00.860.530.370.7810026.8Note: Dill Hole H084 was abandoned. Please note: the intervals presented in this table are not true widthsEast Lisle Zone Drill Results Discussion:The results from the East Lisle Zone indicate a significant new zone of mineralization, suggesting potential extensions of the Hat Deposit to the east. The drill intercepts show consistent grades over substantial lengths, underscoring the prospectivity of this area and supporting further exploration.Figure 2: Section view of Central Lisle Zone based on 2024 Resource Block Model of the MRE with drill holes H081, H082, H083, and H085. [see note (b)]To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8003/242256_1c3c41839422c817_002full.jpg3- Far Northwest Lisle Zone:The Far Northwest Lisle Zone has produced encouraging results, revealing multiple intervals of copper, gold, and associated metals. These results suggest significant potential for mineralization in this area, further extending the scope of the Hat Polymetallic Deposit.Table 3: Summary of Significant Drill Intercepts of the Far Northwest Lisle ZoneDDHFrom(m)To(m)Length(m)CuEq (%) Excl. Sc2O3Cu (%)Au(g/t)Ag(g/t)Co(g/t)Sc(g/t)H086          78.0151.073.00.340.200.150.356030.4Incl.96.8150.053.20.420.250.190.425430.5Incl.104.0145.841.80.500.300.230.495631.3H087          140.3156.015.80.310.240.031.286526.1Incl.141.8156.014.20.340.270.031.417027.8H088          82.0124.042.00.340.200.101.1811330.2Incl.96.0124.028.00.430.270.111.6313131.9Incl.246.0318.072.00.320.200.100.947629.9Incl.273.0289.016.00.750.500.202.4516726.2H089          117.0204.087.00.180.100.060.585333.7Incl.316.0324.08.00.350.200.110.7712918.8 Please note: the intervals presented in this table are not true widthsNotes: (a) Copper Equivalent (CuEq) currently does not include the ScandiumMetal equivalents should not be relied upon for future evaluations. - Drill hole intercepts included in this news release are core lengths that may or may not be true widths of mineralization. It is not possible to determine true widths. - Parameters used to calculate Copper Equivalent: Au price (US$/oz): 1900; Ag price (US$/oz): 24; Cu price (US$/lb): 4; Co price (US$/lb): 22. Au recovery: 89.0%; Ag recovery: 68.0%; Cu recovery: 84.0%; Co recovery: 78.0%. Copper Equivalent Calculation CuEq in % = ([Ag grade in ppm] *24*0.68/31.1035 + [Au grade in ppm] *1900*.89/31.1035 + 0.0001* [Co grade in ppm] *22*0.78*22.0462 + 0.0001* [Cu grade in ppm] *4*0.84*22.0462)/(4*22.0462*0.84). (b) For further details, please refer to the Company's July 25, 2024 news release of the MRE. (c) Drill holes are projected onto the sections of this news release. Table 4. Details of Location and direction of drill holes discussed in this release:DDH IDUTM-East (m)UTM-North (m)Elevation (m)Max-Depth (m)Azimuth (°)Dip (°)H078347,8656,453,951956.570812075H079347,8656,453,951956.573212058H080347,8656,453,951956.56247056H081348,3486,454,1861,008537088H082348,3486,454,1861,00855827065H083348,3486,454,1861,00855231559H084348,3486,454,1861,008289063H085348,3486,454,1861,00854326063H086347,5186,454,43097647134571H087347,5186,454,430976465087H088347,7036,454,7491,02539018062H089347,7036,454,7491,025351062 Figure 3: Drill PlanTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8003/242256_1c3c41839422c817_003full.jpgQuality Assurance and Quality Control:Hat Project drill cores are processed at Doubleview's camp where they are photographed, measured and logged by our technical staff and then divided using a diamond bladed saw. One half is placed in a stout bag to form the assay sample that is forwarded securely to the independent analytical lab. The remaining half core is stored on site where it is available for further examination and sampling. The assay cores are subject to a Chain of Custody routine as they are shipped from camp to a bonded carrier for delivery to the lab.Core samples are analysed at the North Vancouver facility of ALS Canada Ltd. using their PREP-31, PGM-ICP24, ME-MS61, and ME-ICP06 packages. Each core sample is dried, then crushed to 70% passing a 2mm screen. All material is processed in an automatic Riffle splitter to yield a 250g homogenized, representative sample. This sub-sample is then pulverized to 85% passing a 75-micron screen. All samples are analyzed for Au, Pt, Pd by 50g fire-assay fusion/ICP-ES finish, using PGM-ICP24 package. A separate 0.25g pulp split is analyzed by Four Acid digestion/ICP-MS finish, reporting 48 elements. Over limit elements are analyzed by Ore Grade Four Acid digestion/ICP-ES finish using ME-OG62 assay package. All of Doubleview's core samples are analyzed or assayed at independent ISO 17025 and ISO 9001- certified laboratories.When initial assays are received and accepted by our staff, a certain fraction of the samples will be sent to a second ISO-certified lab for check assay and verification purposes. Assays will be reported in News Releases.Doubleview 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 CorpA mineral resource exploration and development company is 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 Category Average GradeMetal ContentTonnageCuEqCuCoAuAgCuEqCuCoAuAgMt%%%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 CorpVancouver, BC Farshad ShirvaniPresident & CEOT: (604) 678-9587E: 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/242256 Copyright 2025 ACN Newswire via SeaPRwire.com.

PERTH, W AUSTRALIA, Feb 25, 2025 - (ACN Newswire via SeaPRwire.com) - Parker Blackwood Advisers, a leading financial services provider, is pleased to announce a major expansion of its retail business, reinforcing its commitment to providing personalised financial solutions for individual investors across Australia. With historically low interest rates and an increased appetite for diversified investment opportunities, PBA has experienced significant growth in new client acquisitions, spanning both novice investors and experienced professionals seeking a well-balanced portfolio.Since its establishment in 2013, Parker Blackwood Advisers has built a reputation for delivering expert financial guidance tailored to each client's needs. With a robust team of 60 professionals overseeing $4.7 billion in assets under management, the firm has successfully positioned itself as a trusted partner in wealth management. As part of its growth strategy, Parker Blackwood Advisers is expanding its physical presence across key locations in Australia, ensuring greater accessibility and fostering the personalised client experience that has been central to its success.The financial landscape is evolving, with more Australians recognising the importance of strategic investing to secure their financial future. Parker Blackwood Advisers has observed a distinct rise in the number of retail investors seeking bespoke investment strategies that extend beyond traditional asset classes. The firm offers a comprehensive suite of financial services, including Australian and global equities, foreign exchange, and fixed-income solutions, enabling investors to build resilient and diversified portfolios."We believe every client is unique, and our approach to financial management reflects this philosophy," said Leigh Jamieson, Chief Executive Officer at Parker Blackwood Advisers. "Our expansion will allow us to meet the growing demand for tailored financial services. We are committed to ensuring that our clients are treated as individuals, not just numbers-a principle that has been the foundation of our success for over a decade."To further strengthen its client-centric approach, Parker Blackwood Advisers is investing in opening additional branches across Australia. This expansion is designed to enhance accessibility and offer investors the convenience of in-person consultations with PBA's team of experienced advisers. The firm understands that financial planning is deeply personal, and providing a physical presence ensures that clients receive the hands-on support they need to make informed decisions."Trust is the cornerstone of our business, and nothing builds trust better than direct engagement," added Nathan Jones, Chief Investment Officer at Parker Blackwood Advisers. "By expanding our footprint, we are reinforcing our commitment to providing exceptional service and ensuring that every client receives the attention and expertise they deserve."Parker Blackwood Advisers remains dedicated to leveraging its industry-leading expertise to help clients navigate the complexities of financial management. With an emphasis on financial education, the firm provides clients with the necessary tools and insights to make confident investment decisions. Whether individuals are just starting their investment journey or are seasoned investors seeking advanced strategies, PBA's advisers are equipped to guide them towards financial success.As Parker Blackwood Advisers embarks on this exciting phase of growth, the firm continues to set new standards in the Australian financial services industry. By expanding its reach and enhancing its personalised approach, PBA is not only strengthening its position as a market leader but also reaffirming its unwavering commitment to empowering Australian investors.About Parker Blackwood AdvisersFounded in 2013, Parker Blackwood Advisers is a premier financial services provider based in Perth, Australia. With a focus on personalised investment strategies, the firm offers a broad range of wealth management solutions, including asset allocation, investment management, and financial planning. Managing over $4.7 billion in assets, Parker Blackwood Advisers is dedicated to helping clients achieve their financial goals through tailored, expert guidance.Disclaimer - Parker Blackwood Advisers is a trading name of PBA Corporation Pty Ltd (ABN: 98 162 183 244), holder of AFSL 434-071. Investing carries risks, including potential loss of capital. Information provided is general and not financial advice. Past performance is not a guarantee of future results.Mr. Paul Allen, Head of Marketing08 6275 0960, paul.allen@pb-investment.comExchange Tower,Level 17/2 The EsplanadePerth WA, 6000SOURCE: PBA Corporation Pty Ltd Copyright 2025 ACN Newswire via SeaPRwire.com.

ADELAIDE, AUS, Feb 25, 2025 - (ACN Newswire via SeaPRwire.com) - The decision to expand into Europe aligns with Eastern River's commitment to providing world-class financial services to a broader clientele and bringing a wider range of products to its Australian clients. The firm has successfully navigated the rigorous regulatory landscape to secure the necessary approvals, ensuring that the new European branch operates at the highest standards of compliance. This expansion represents a unique opportunity to better serve the firm's growing base of international clients and partners.Statement from Tekauri Hurst, CEO of Eastern River Pty Ltd:"We are incredibly excited about this new chapter for Eastern River. Securing both internal and regulatory approval to operate in Switzerland is a testament to the hard work and dedication of our team. This expansion allows us to directly engage with European clients and partners, broadening our global reach while maintaining the trust and integrity that our Australian clients have come to rely on. Switzerland, with its strong financial infrastructure and regulatory environment, is the ideal location for us to grow our business in Europe," said Tekauri Hurst, CEO of Eastern River Pty Ltd.He continued, "Our commitment to compliance, transparency, and delivering exceptional financial services remains unwavering. This move signifies not only our desire to broaden our market footprint but also our dedication to providing the best possible solutions for our clients across the globe. We look forward to building lasting relationships with investors and financial institutions in Switzerland and beyond."The new office in Zurich will serve as the headquarters for Eastern River's European operations, focusing on expanding its bond brokerage services and fostering strategic partnerships with leading European financial institutions. The firm's entry into the European market comes at a time of continued growth and opportunity within the global financial landscape.Eastern River's expansion into Switzerland is expected to significantly enhance its reputation as a trusted and reliable player in the global bond market. The firm's team in Zurich will work diligently to provide European investors and existing Australian clients with tailored bond solutions, backed by Eastern River's decades of experience and industry knowledge.About Eastern River Pty LtdBased in Adelaide, Eastern River is a leading Fixed Income Specialist, offering tailored investment solutions to help clients achieve stable and risk-adjusted returns.With a focus on corporate bonds, government bonds, and sustainable investments, Eastern River provides expert insights and strategies to navigate today's evolving market.For more information on Eastern River, please visit www.easternriver.com.Contact DetailsEastern River Pty LtdMrs. Sally Peters (Public Relations Officer)Email: media@easternriver.comSOURCE: Eastern River Pty Ltd Copyright 2025 ACN Newswire via SeaPRwire.com.

Combining 5G Connectivity, Advanced Thermal Imaging, a Slim Design, and Built-to-Endure ToughnessSan Diego, California and Barcelona, Spain--(ACN Newswire via SeaPRwire.com - February 25, 2025) - Sonim Technologies (NASDAQ: SONM), a U.S.-based leader in rugged mobile solutions, today introduced the Sonim XP Pro Thermal 5G smartphone, the latest addition to its flagship XP Pro series. This professional rugged solution blends 5G connectivity, integrated thermal imaging, and exceptional durability into a sleek design that empowers professionals to work smarter, faster, and more efficiently-no matter the challenge or environment.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8971/242257_bf41a193d4ef3be6_001full.jpg"The best thermal camera is the one you have with you," said Chuck Becher, Chief Commercial Officer at Sonim Technologies. "With the XP Pro Thermal, you eliminate the need for bulky standalone devices or costly add-ons. This all-in-one solution is compact, cost-effective, and ready to go wherever the job takes you. It is designed to save time, enhance productivity, and provide users with a reliable, durable tool that performs in the toughest environments."Professional-Grade Imaging Meets 5G PerformanceThe XP Pro Thermal raises the bar with FLIR Lepton® 3.5 thermal imaging powered by the Snapdragon® 7 Gen 3 chipset. This combination enables capturing, analyzing, sharing, and live-streaming thermal data over 5G networks for real-time decision-making. Enhanced with Teledyne FLIR's MSX® technology, the thermal imaging system overlays visible-light details on heat maps for exceptional context.Built to EndureThe XP Pro Thermal combines a long-lasting 5000 mAh battery with fast-charge and wireless charging to keep professionals ready all day long. Designed to Sonim Rugged Performance Standards™ (RPS), it withstands water, dust, shocks, and extreme temperatures. The slim, ergonomic design, Gorilla® Glass Victus II®-protected 6.58" FHD+ display, 8GB of RAM, 256GB of storage (expandable up to 1TB1), and Android 14 make it a versatile, tough solution for everyday use.Built for Professionals in Demanding IndustriesThe XP Pro Thermal is designed to meet the needs of those working in the world's demanding roles, combining thermal imaging with durability and the ability to be easily disinfected, with use cases that include:Electrical Maintenance - Detect overheating or potential fire hazards for preventative action.HVAC and Plumbing - Pinpoint insulation gaps for increased energy efficiency, locate leaks or blockages behind walls without invasive damage.Inspection and Safety - Identify risks in low-light or hazardous environments with ease.Energy and Utilities - Detect faulty transformers, overloaded circuits, or connections; monitor pipelines for leaks which helps to improve safety and efficiency of field workers.Automotive - Quick detection of heat-related issues in engines.Construction and Home Improvement - Detecting insulation issues, air leaks, or water damage.Pest and rodent control - Identify exact location of nests and minimize invasive damage to remove them.Public safety and first responders - Provide situational awareness with a cost-effective, all-in-one tool.Agriculture - Easily monitor livestock health, detect crop stress and pests.Preloaded with the Sonim IRIS software app-which contains MyFLIR Pro-and is fully compatible with FLIR Thermal Studio, the device streamlines workflows by enabling users to analyze thermal data on-site, share findings instantly, or generate professional-grade reports.Opening Doors to InnovationSonim IRIS is a versatile software suite with an integrated SDK, enabling custom app development tailored to industries like construction, utilities, trades, and emergency services. It helps professionals streamline workflows, enhance reporting, and seamlessly integrate with existing systems to drive efficiency and performance.Key Features at a Glance**Thermal Imaging - Integrated FLIR Lepton 3.5 with MSX for enhanced visuals2.5G Connectivity - Powered by Snapdragon® 7 Gen 3 for fast sharing and live-streaming.Long-Lasting Power - Robust 5000 mAh battery with advanced charging options for all-day3 use.Ultra Durability - Military-grade certifications, IP-rated protection4, Sonim Rugged Performance standards, and Gorilla® Glass Victus II®.SonimWare software support - Comprehensive suite of professional-grade software tools for device management, application deployment, and seamless integration into enterprise workflows.Flexible Platform - SDK-enabled Sonim IRIS software for custom app development.AvailabilityThe Sonim XP Pro Thermal will launch in Europe and South Africa in Q2 2025, with availability in other regions to follow at a later date. Pre-orders will open soon.Experience it at Mobile World CongressVisit Sonim and Teledyne FLIR at Mobile World Congress, Hall 7 stand 7B6, for a firsthand look at the XP Pro Thermal. Discover how Sonim is shaping the future of rugged technology-redefining what is possible for professionals in every industry.For more information, visit www.sonimtech.com/products/phones/xp-pro-thermalTo schedule an interview, contact anette.gaven@sonimtech.comSonim is a registered trademark of Sonim Technologies, Inc.Snapdragon is a trademark or registered trademark of Qualcomm Incorporated. Snapdragon and Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm patented technologies are licensed by Qualcomm Incorporated.FLIR and MSX are registered trademarks of Teledyne FLIR, LLC.Android is a trademark of Google LLC.1External storage sold separately.2The thermal imaging functionality is powered by Teledyne FLIR® OEM technology. Performance may vary based on environmental conditions and object emissivity.3Battery life varies significantly with settings, usage and other factors. 4As of the time of the publication of this press release MIL-STD-810H, IP68, and IPX9K certifications for the XP Pro Thermal are currently undergoing testing in a third-party lab and are expected to meet these standards upon completion. Final certification results may vary, and users are encouraged to verify the latest updates prior to purchase. Water and dust resistance are not permanent and may decrease with normal wear. Do not charge the device when wet.*The XP Pro Thermal is designed to operate on select carrier networks. Network compatibility and availability depend on carrier certification and local regulations. Please check with your service provider for details; Wireless connectivity, including 5G, Wi-Fi, and Bluetooth performance, may vary depending on regional availability, carrier support, and network conditions.**Features and specifications are subject to change without notice. Availability may vary by region.About Sonim TechnologiesSonim Technologies is a leading U.S. provider of ultra-rugged and rugged mobile solutions, including phones, wireless internet data devices, accessories and software designed to provide extra protection for users that demand more durability in their work and everyday lives. Trusted by first responders, government, and Fortune 500 customers since 1999, we currently sell our ruggedized mobility solutions through tier one wireless carriers and distributors in North America, EMEA, and Australia/New Zealand. Sonim devices and accessories connect users with voice, data, workflow and lifestyle applications that enhance the user experience while providing an extra level of protection. For more information, visit www.sonimtech.com.Forward-Looking StatementsThis release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements relate to, among other things, the the timeline of new products. These forward-looking statements are based on Sonim's current expectations, estimates and projections about its business and industry, management's beliefs and certain assumptions made by Sonim, all of which are subject to change. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "achieve," "aim," "ambitions," "anticipate," "believe," "committed," "continue," "could," "designed," "estimate," "expect," "forecast," "future," "goals," "grow," "guidance," "intend," "likely," "may," "milestone," "objective," "on track," "opportunity," "outlook," "pending," "plan," "poised," "position," "possible," "potential," "predict," "progress," "promises," "roadmap," "seek," "should," "strive," "targets," "to be," "upcoming," "will," "would," and variations of such words and similar expressions or the negative of those terms or expressions. Such statements involve risks and uncertainties, which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements. Factors that may cause actual results to differ materially include, but are not limited to, the following: the availability of cash on hand; potential material delays in realizing projected timelines for Sonim's products; the current interest and potential attempt of a hostile takeover from a third party may divert the management attention from Sonim's business and may require significant expenses; Sonim's susceptibility to supply chain disruptions; a potential strain on Sonim's resources as a result of rapid customer ramp-up and significant increases in demand; Sonim's material dependence on its relationship with a small number of customers who account for a significant portion of Sonim's revenue; risks related to Sonim's ability to comply with the continued listing standards of the Nasdaq Stock Market and the potential delisting of Sonim's common stock; Sonim's ability to continue to develop solutions to address user needs effectively, including its next-generation products; Sonim's reliance on third-party contract manufacturers and partners; Sonim's ability to stay ahead of the competition; Sonim's ongoing transformation of its business; the variation of Sonim's quarterly results; the lengthy customization and certification processes for Sonim's wireless carries customers; various economic, political, environmental, social, and market events beyond Sonim's control, as well as the other risk factors described under "Risk Factors" included in Sonim's most recent Annual Report on Form 10-K and any subsequent quarterly filings on Form 10-Q filed with the Securities and Exchange Commission (available at www.sec.gov). Sonim cautions you not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Sonim assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242257 Copyright 2025 ACN Newswire via SeaPRwire.com.

Brisbane, Queensland, Australia--(ACN Newswire via SeaPRwire.com - February 24, 2025) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce the results of the multi-year performance testing of G® Lubricant, a transformative graphene liquid concentrate additive designed to enhance the performance of diesel and gasoline (petrol) engines. This product has the potential to reshape the future of the global liquid fuels industry and offers an innovative solution that optimizes efficiency and power for stationary or mobile engines.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/242057_gmg1.jpgGMG is in the process of preparing packaging and marketing materials for G® Lubricant, and expects to begin a direct marketing campaign, targeting fleet owners and initially commencing in Australia and then expanding into other markets from April 2025 onwards.Click here to order a G® Lubricant sample for your own engine testing.Unleashing the Power of GrapheneG® Lubricant, a graphene liquid concentrate that can be added to any mineral or synthetic oil used in an internal combustion engine, has been shown to increase fuel efficiency by up to 8.4% in a diesel engine. The amount of graphene in the final lubricant once G® Lubricant is mixed in is only ~ 1:10,000, with the balance of the concentrate consisting of lubricating base oil. As a result, G® Lubricant can be used safely in any internal combustion engine. Over the past four years, GMG has conducted environmentally controlled testing of G® Lubricant in internal combustion engines monitored and verified by The University of Queensland. GMG's test results have been corroborated by similar savings realized by customers over a number of years of field testing.Figure 1 below shows the high level fuel efficiency improvement provided by the G® Lubricant additive, while Figure 8 provides the detailed fuel testing parameters.Figure 1: Diesel Engine Fuel Efficiency Improvement provided by G LubricantTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/242057_gmg2en.jpgThe data shows a clear increase in fuel efficiency performance from G® Lubricant when the load is increased on the engine. High loads for truck diesel engines are usually seen when the truck starts to move, and then at high speeds when encountering wind resistance. Usually stationary diesel engines for power generation operate at high load.Figure 2 shows the potential savings for the main types of diesel engine commercial vehicles in use in Australia - with average vehicle data sourced from the Australian Bureau of Statistics[1] (ABS).Figure 2: Potential Cost Savings per Vehicle Type provided by G LubricantTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/242057_gmg3en.jpgExceptional Performance Confirmed by University of QueenslandGMG's Managing Director and CEO, Craig Nicol, commented: "G® Lubricant has taken over 4 years of advanced product testing and is transformational for energy efficiency and emissions reduction for the liquid fuels industry - it is the culmination of decades of lubricants, engines, energy markets and graphene knowledge which is inherent in the GMG business. The next challenge to commercialise this product awaits - which we are eagerly preparing for."GMG's Chairman and Director, Jack Perkowski, commented: "G® Lubricant's performance, which demonstrates an 8.4% improvement in fuel efficiency using only a very small amount of graphene in an easy to use graphene concentrate, is a 'Category Creator' that has the potential to redefine the multi trillion dollar liquid fuels market. The fact that only 1% of G® Lubricant is needed to achieve such savings provides a very attractive value proposition for fleet owners."Click here to order a G® Lubricant sample for your own engine testing.US$ 1.4 Trillion Global Diesel IndustryWhilst G® Lubricant can be used to reduce fuel consumption in both diesel and gasoline/petrol engines GMG intends to focus on the diesel market initially, which is largely B2B focused, and therefore, more targeted as far as fuel cost savings and performance. GMG calculates that global diesel fuel sales totalled US$1.4 Trillion per annum[2] including taxes and duties on approximately 28 million barrels of diesel per day as detailed by the EIA2. Figure 3 shows the top 34 countries in the world with diesel fuel sales greater than US$10 Billion per annum.Figure 3: Total Diesel Fuel Sales US$ BillionTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/242057_gmg4en.jpgEstimated US$ 1.2 Billion Per Annum Global Diesel Market For G® Lubricant Assuming an average fuel savings of 8.4%, GMG believes that a conservative estimate of the potential market for G® Lubricant is 10% of the fuel savings realized by users annually. Assuming G® Lubricant pricing equal to 10% of the savings realized, GMG estimates that the potential global revenue for G® Lubricant is US$ 1.2 Billion sales per annum. Figure 4 shows GMG's estimates of potential annual sales of G® Lubricant by country.Figure 4: Total G® Lubricant Sales OpportunityTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/242057_gmg5en.jpgDetailed Equipment and Process for Testing G® LubricantThe following describes the equipment used and the process followed by the Company in demonstrating the fuel saving demonstration of the G® Lubricant in the diesel engine generator:A 30kVA (24 kW) Cummins diesel engine generator (with 14,784 hours of run time) as seen in Figure 5 and described in Figure 6 was purchased and setup in the GMG Richlands warehouse.The generator was connected to a 40 kW power load bank which consumed the energy produced by the generator and created the load and a 500 litre self-contained fuel tank.Two calibrated flow sensors were connected (inflow and return/outflow) to the fuel lines and to a data logger which recorded the fuel consumption.An Energy Analyzer was used to log and track energy produced by the generator.Tests were conducted on loads of 40%, 60% and 80% loads of the 40 kW power load bank - 12, 18, 24 kw respectively.A baseline to record diesel fuel consumption under normal engine oil and operating conditions was completed with newly changed recommended premium diesel engine oil and a new oil filter. This oil change was carried out by a professional engine maintenance service company.The engine was run at the different loads (40%, 60% and 80%) and the baseline and G® Lubricant data set used for the analytics is when the maximum ambient temperature for the day was less than 33 degrees Celsius and relative humidity was between 50% and 80% with no rain. Fuel consumption for diesel engines changes when operating in rain or very high humidity or temperatures, so the fuel consumption data baseline and G® Lubricant engine oil additive performance testing were excluded for these times.Only steady state data was used and so any variance or anomalous data seen in either baseline or G® Lubricant datasets were removed from the analytics. Data sets were grouped into minute blocks.Once the baseline fuel tests were completed, the engine oil was drained and the oil filters were replaced. G-Lubricant with approximately 1:100 concentration was mixed at approximately 1% ratio by weight with a new batch of the same premium recommended engine oil and added to the generator engine. The end ratio of GMG's Graphene to the diesel engine oil was approximately 1:10,000 by weight. The oil change was carried out by the same professional engine maintenance service company.G® Lubricant PackagingG® Lubricant is currently sold by GMG in different small pack sizes, a 500 ml pack is shown in Figure 5 which can be diluted into 50 litres of engine oil to provide improved engine performance. GMG intends to direct market the product to its targeted markets through various pack sizes for direct and bulk use.Figure 5: G® Lubricant 500 ml pack (which can be used to dose 50 litres of engine oil)To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/242057_gmg7en.jpgClick here to order a G® Lubricant sample for your own engine testing.Figure 6: Diesel Engine Generator EquipmentTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/242057_7719c67484409aad_011full.jpgFigure 7: Diesel Engine Generator Equipment Parameters.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/242057_gmg8en.jpgThe detailed data for this fuel test is shown below in Figure 8LoadEngine Oil UsedNo of Data PointsFuel Used (litre per hour)Power Output (kWh)Fuel Efficiency (kWh per litre)% Fuel Efficiency Increase from G® Lubricant40% LoadPremium Diesel Engine Oil (PDEO)107370Mean: 211.95Average:3.03  StandardDeviation:  0.60StandardDeviation:0.01Min: 210.31Min:  3.00Max:  214.49Max:  3.06 PDEO + G® Lubricant136766.7Average:  211.84Average:  3.184.9%StandardDeviation: 0.68StandardDeviation: 0.24Min: 209.89Min: 2.64Max:  213.45Max:  3.5660% LoadPremium Diesel Engine Oil (PDEO)41890Average:  297.13Average:  3.30 StandardDeviation: 0.65StandardDeviation: 0.01Min: 295.06Min:3.28 Max:  298.42Max:  3.32 PDEO + G® Lubricant148684.9Average:  301.31Average:  3.557.5%StandardDeviation: 7.62StandardDeviation: 0.20Min: 294.13Min: 3.27Max:  313.85Max:  4.2280% LoadPremium Diesel Engine Oil (PDEO)811120Average:  404.52Average:  3.37 StandardDeviation: 0.79StandardDeviation: 0.01Min: 402.62Min: 3.36Max:  406.20Max:  3.38 PDEO + G® Lubricant1756110.6Average:  404.21Average:  3.658.4%StandardDeviation: 1.26StandardDeviation: 0.13Min: 401.30Min: 3.34Max:  407.37Max:  4.49 Figure 8: Detailed Diesel Engine Generator Performance Data.Basis for Performance ImprovementAs seen in Figure 9, G® Lubricant GMG improves fuel efficiency by creating less friction in the boundary layer lubrication of the pistons inside the cylinder block of the engine. It is widely accepted that approximately 30% of the fuel is used in an engine to overcome internal friction, and that approximately 60% of the engine friction is in the piston area. Graphene has also been seen to prevent wear and also fill in wear scars of an engine, helping to improve piston sealing.Figure 9: G® Lubricant is believed to reduce friction in the engine pistons.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/242057_gmg9.jpgPatent Progress of G® LubricantGMG submitted a patent application on the G® Lubricant product as soon as it was possible, and this is progressing through the usual process to be approved for the main target markets.About GMG:GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking Statements This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, the potential of G Lubricant to optimize efficiency and power for stationary or mobile engines, the potential of G Lubricant to reshape the future of the global liquid fuels industry, GMG's intention to commercialise and market G Lubricant, the progress of the Company's patent applications, the potential market for G Lubricant and the potential revenue available for G Lubricant.Such forward-looking statements are based on a number of assumptions of management, including, without limitation that G Lubricant has the potential to optimize efficiency and power for stationary or mobile engines, that G Lubricant has the potential to reshape the future of the global liquid fuels industry, that GMG will commercialize and market G Lubricant, that the Company's patent applications will progress as anticipated, and that the potential market and revenue available for G Lubricant will be as currently forecasted. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that G Lubricant will not offer an innovative solution that optimizes efficiency and power for stationary or mobile engines, that G Lubricant will not reshape the future of the global liquid fuels industry, that GMG will commercialize and market G Lubricant as anticipated, that the Company's patent applications will not progress as currently anticipated, that the potential market and revenue available for the G Lubricant product is not as currently calculated, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated October 3, 2024 available for review on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.[1] ABS Source: https://www.abs.gov.au/statistics/industry/tourism-and-transport/survey-motor-vehicle-use-australia/latest-release[2] Using EIA diesel volumes for 2023 and www.globalpetrolprices.com diesel prices per country as of January 15th 2025To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242057 Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Feb 24, 2025 - (ACN Newswire via SeaPRwire.com) - CALB Group Co., Ltd. ("CALB" or "the Company," stock code: 3931.HK) published a positive profit announcement. The Company is expected to record a net profit ranging from approximately RMB786 million to RMB874 million for the year ended 31 December 2024, representing an increase ranging from approximately 80% to 100% as compared to the net profit of RMB437 million for the same period last year. The expected growth is primarily attributable to the following factors: Firstly, the Company broadened its operations and achieved sustained business growth, which significantly improved its economies of scale; secondly, the Company, leveraging its advanced technology and robust product capabilities, continually improved its product performance and consistently lowered costs, therefore resulting in a year-on-year increase in profits during 2024.CALB stated that, as one of the fastest-growing international new energy enterprises, the Company adheres to a dual-drive strategy focusing on power and energy storage, actively promotes global expansion, accelerates the construction of its global infrastructure, and improves its production, sales, and service networks to provide strong support for global delivery. With a series of world-first and innovative technologies and products, the Company has achieved exponential growth. Its products have been exported to more than 40 countries and regions worldwide, and established a good relationship with the world's leading enterprises. The realization of scale effects from business growth is one of the primary reasons for the company's significant revenue increase.Furthermore, as a battery expert, CALB has been adhering to the philosophy of technological innovation, maintaining its leading position in both product and technology. The Company continues to increase its R&D investments, which not only reduces costs but also enables the launch of more high-performance and high-safety battery products. With the further expansion of global demand for power and energy storage markets, the Company is committed to developing products that are better suited to various application scenarios, in order to satisfy the ever-changing customer needs. CALB is expected to achieve sustained profit growth, thereby better rewarding investors and shareholders.About CALBCALB is a new energy enterprise specializing in the research, production, sales, and market application development of lithium batteries, battery management systems, and related integrated products and lithium battery materials. As Battery Expert, we aim to build a comprehensive energy operation system, to provide complete product solutions and full life-cycle management for the new energy application market, represented by power and energy storage.Currently, CALB has completed an all-round layout in domestic by setting up industrial bases in Changzhou, Xiamen, Wuhan, Chengdu, Hefei, Jiangmen and Meishan. Meanwhile, CALB has set up bases in Europe and ASEAN, vigorously expanding the layout all over the world to become a global leading enterprise with large-scale intelligent manufacturing capabilities. Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Feb 24, 2025 - (ACN Newswire via SeaPRwire.com) - Hong Kong has been globally recognised as taking a lead in sustainable business development. This is the key finding from the preliminary edition of the HKTDC ESG Index, an important new metric introduced by the Hong Kong Trade Development Council (HKTDC) with the aim of ensuring local, Mainland China and global enterprises have an in-depth understanding of the city’s strengths as an ESG (environmental, social and governance) business hub.The index is based on an analysis of how businesses perceive Hong Kong’s strengths across the three established ESG criteria: environmental, social and governance. The initial research factored in the views of more than 1,200 businesses through surveys conducted by the HKTDC at many of its most high-profile trade fairs and related business events in 2024.Explaining the rationale behind the launch of the new index and its ongoing significance for Hong Kong, Irina Fan, Director of HKTDC Research, said: “This new metric has been devised to help domestic and global businesses gauge the efficacy of Hong Kong as a platform for sourcing ESG-related products and services, as well as identifying more ESG-responsible counterparts. We believe the index will significantly contribute to the overall understanding of the business world’s prioritisation of sustainable operational models and the real and lasting contribution Hong Kong is making to this shift at a global, regional and local level.”Overall, Hong Kong scored highly in the index across all three criteria, receiving an aggregated total of 64.3 points. This figure is well above the neutral watershed point of 50 and indicates the city’s status as an effective and highly regarded global ESG business hub.Hong Kong rates highly across all criteria as an ESG hubThis high score was reflected in the marks accorded to each criterion – Environmental (63,8), Social (65.0), and Governance (64.7). Across these categories, respondents from the three designated geographical regions all had distinct individual preferences and their own specific reasons for awarding the city such high marks.In the case of Hong Kong’s Environmental credentials, respondents from the mainland (68.6) saw Hong Kong’s strengths as lying primarily in its provision of green and sustainable investment opportunities. International enterprises (67.2), meanwhile, had a particularly high regard for the availability and diversity of green and sustainable solutions, while local businesses rated the quality and innovation of the city’s portfolio of green and sustainable products and services most highly.Regarding the Social Sub-Index, it was Hong Kong’s ESG-related expertise and talents that most impressed mainland survey respondents, followed by the city’s success in promoting cross-border ESG knowledge exchange. International and Hong Kong-based respondents highly rated the engagement of local businesses in community development and social welfare programmes, as well as the ability to find socially responsible business partners.For the Governance Sub-Index, Hong Kong’s proficiency in facilitating effective ESG-oriented international collaborations, particularly with regard to international standard-setting and the provision of market access, was highly valued by all participants regardless of location. Mainland respondents also singled out the effectiveness of Hong Kong’s ESG reporting frameworks and regulations.Commercial advantages of ESG engagementIn addition to its core focus on the views of buyers and vendors regarding the efficacy of Hong Kong as an ESG hub, the research also set out to provide insights into other developmental aspects of ESG-related business. Among the key findings here were:All buyers currently sourcing ESG-related products or services indicated they were willing to pay a higher premium for such products or services. Some 68% of them were willing to pay a premium of at least 10% to secure such items. This is largely because prioritising ESG-friendly solutions is seen as likely to enhance a company’s brand reputation and corporate image while ensuring compliance with all relevant regulatory requirements and risk-management protocols.All vendors currently providing ESG-related products or services maintained they earned additional profit margins from such products or services. Approximately 72% of them reported that the additional profit margins delivered by such activities were 10% or higher than those related to comparable non-ESG-compliant products and services. In addition, by meeting market demand for ESG-related products and services, such vendors also saw themselves as positively differentiated from their competitors and, consequently, gaining a commercial advantage.Nearly 90% of respondents see ESG considerations as an integral element of their overall business decision-making process, underscoring the general acceptance of the importance of such principles.MethodologyThe provisional findings of this initial edition of the HKTDC ESG Index were drawn from a survey of 1,200+ vendors or buyers in attendance at seven HKTDC trade fairs and business events from April to December 2024. The survey will be completed in March and the first full edition of the index will be released thereafter. Full details of the methodology used for the survey can be found in the Appendix to the Preliminary Report.Photo download: https://bit.ly/4hbnJbj(from left) HKTDC Director of Research Irina Fan, Principal Economist (Global Research Team) Alice Tsang, Economist Edmund Lo and Senior Economist Nicholas Fu announced the preliminary edition of the HKTDC ESG Index at a press conference today.HKTDC Director of Research Irina FanHKTDC Principal Economist (Global Research Team) Alice TsangHKTDC Senior Economist Nicholas FuHKTDC Economist Edmund LoMedia enquiriesPlease contact the HKTDC’s Communication and Public Affairs Department:Jane Cheung Tel: (852) 2584 4137 Email: jane.mh.cheung.hktdc.orgJohnny Tsui Tel: (852) 2584 4395 Email: johnny.cy.tsui@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.

SAN DIEGO, CA, Feb 26, 2025 - (ACN Newswire via SeaPRwire.com) - General Atomics Aeronautical Systems, Inc. (GA-ASI) continues to expand the role of unmanned aerial systems, demonstrating the first-ever Anti-Submarine Warfare (ASW) capability on an MQ-9B SeaGuardian®. In a groundbreaking test from January 20-30, 2025, a company-operated MQ-9B SeaGuardian successfully deployed and tested anti-submarine sensors using multiple pre-production Sonobuoy Dispensing System (SDS) pods.Having already proven its ability to track submerged targets, SeaGuardian took this capability further with GA-ASI's newly designed SDS pods. These pods deployed multiple sonobuoys to conduct onboard thermal-depth and acoustic data processing. Using Directional Frequency Analysis and Recording (DIFAR), Directional Command Activated Sonobuoy System (DICASS), and Bathythermograph sonobuoys, SeaGuardian effectively detected, tracked, and analyzed underwater targets while collecting critical acoustic intelligence."This demonstration represents a major leap forward in unmanned capabilities and marks a major milestone in proving that an unmanned aircraft can perform end-to-end persistent ASW operations," said GA-ASI President David R. Alexander. "The success of this testing paves the way for enhanced anti-submarine warfare capabilities on the MQ-9B SeaGuardian. We look forward to continued collaboration with the U.S. Navy as they explore innovative solutions for distributed maritime operations in the undersea domain."As part of the development process, GA-ASI successfully deployed multiple DIFAR and DICASS test sonobuoys, precisely correlating ejection speed with stress/strain data. This provided a high-fidelity launch model to refine future deployment capabilities.Naval Air Warfare Center Aircraft Division (NAWCAD) AIRWorks played a key role in supporting and overseeing the development, ensuring the system meets emerging warfighter needs. AIRWorks has partnered with GA-ASI in multiple ASW demonstrations, including the Rim of the Pacific (RIMPAC) exercise in July 2024.With strong demand already in place from multiple customers, GA-ASI anticipates increasing interest in the MQ-9B SeaGuardian, given its high-end maritime capabilities at a significantly lower cost than traditional manned maritime platforms.About GA-ASIGeneral Atomics Aeronautical Systems, Inc. (GA-ASI), an affiliate of General Atomics, is a leading designer and manufacturer of proven, reliable RPA systems, radars, and electro-optic and related mission systems, including the Predator® RPA series and the Lynx® Multi-mode Radar. With more than eight million flight hours, GA-ASI provides long-endurance, mission-capable aircraft with integrated sensor and data link systems required to deliver persistent situational awareness. The company also produces a variety of sensor control/image analysis software, offers pilot training and support services, and develops meta-material antennas.For more information, visit www.ga-asi.com.Avenger, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.Contact InformationGA-ASI Media Relationsasi-mediarelations@ga-asi.comSOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com.

PHILADELPHIA, PA, Feb 26, 2025 - (ACN Newswire via SeaPRwire.com) - As it expands its mission to support healthcare workforce development on a global scale, CGFNS International announced today it will change its name to TruMerit™, a decision approved by the CGFNS Board of Trustees in fall of 2024.CGFNS International is now TruMeritThe initiative signifies a new journey for CGFNS, an acronym for Commission on Graduates of Foreign Nursing Schools, which for nearly a half-century has supported the career mobility of nurses and other healthcare workers by validating their education, skills, and experience as they seek authorization to practice in the United States and other countries. It comes in response to calls to invigorate capacity building of the healthcare workforce so it can meet the needs of people in a rapidly evolving global health landscape.TruMerit, a reference to "genuine excellence," points to the organization's role in validating the meritorious achievements of global healthcare workers. It will continue to be a worldwide leader in providing these services while broadening its mission to strengthen research and advocacy in support of healthcare workforce development solutions, including global standards and frameworks for specialty certifications that will empower career pathways for healthcare workers, regardless of where they choose to work."With this rebranding, we are stepping into a new era of global impact with faith in the proposition that healthcare workers in every country-empowered with the knowledge, tools, and inspiration to achieve excellence in their profession-can lead the way to resolving the healthcare challenges of today and tomorrow," said Dr. Peter Preziosi, the organization's President and CEO."TruMerit will advocate for and generate intellectual capital to drive investment in a future-ready global healthcare workforce. We know that a commitment to the development and validation of their skills is the best contribution we can make to addressing shortages, health equity and access challenges, and the demand for patient-centric care model evolution," he added.The name change will be the centerpiece of a comprehensive rebranding of the organization, which will include a new visual identity across its public profile, including its website, customer portals, credentials and certificates, and social media channels. The rebranding effort will begin rolling out in mid-March and will be completed by the summer."Our new name carries both a meaning and a message about who we are and what is important to the global healthcare workforce we serve," said Lea Sims, Chief Marketing and Communications Officer, who led the year-long renaming initiative and is overseeing the organization's transition to its evolving identity and new brand. "The name TruMerit reflects our longstanding mission of helping healthcare workers around the world advance their careers while preserving the earned credibility associated with CGFNS and its nearly half-century of service to nursing and the allied health professions."Click here for more information on the CGFNS rebranding to TruMerit.About CGFNS International, Inc.Founded in 1977 and based in Philadelphia, CGFNS International is an immigration-neutral not-for-profit organization proudly serving as the world's largest credentials evaluation organization for the nursing and allied health professions. CGFNS International is an NGO in Consultative Status with the United Nations Economic and Social Council (ECOSOC) and is a member of the Conference of NGOs in Consultative Relationship with the United Nations (CoNGO).Contact InformationDavid St. Johndstjohn@cgfns.orgSOURCE: CGFNS International Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Feb 24, 2025 - (ACN Newswire via SeaPRwire.com) - Hong Kong Investor Relations Association (HKIRA) is pleased to announce that public nomination is now open for the HKIRA IR Awards 2025 (the ‘Awards’). This will be the eleventh consecutive year of the Awards at which best IR and corporate governance practices are recognized among Hong Kong listed companies.Dr Eva Chan, Founding Chairman of HKIRA, said, “Stepping into the 11th year of the IR Awards, HKIRA is glad to be witnessing over a decade of dedication and professionalism of Hong Kong’s IR professionals. It has been a challenging few years for the Hong Kong financial market. The IR industry has been taking up a more important role in regaining global investors’ confidence in Hong Kong stocks, the valuations of which are currently extremely attractive. It is also worth noting that with the development of AI, more will be expected from IR professionals, in terms of both responsiveness and awareness of latest market changes. HKIRA will continue to encourage best IR practice and support Hong Kong IR professionals’ development. We look forward to recognizing some of our most outstanding industry participants at this year’s IR Awards.”Last year, 120 award entries were received from listed companies, over 480 eligible voters and over 277 voting institutions participated in the voting. 40 winners from various categories were recognized at the Awards. Among the winners, China Resources Beer (Holdings) Company Limited (stock code: 00291), Xtep International Holdings Limited (stock code: 01368) and CGN New Energy Holdings Company Limited (stock code: 01811) were awarded Overall Best IR Company by company size – Large Cap, Mid Cap and Small Cap – respectively.The HKIRA 11th IR Awards 2025 is once again honoured to have Professor Louis Cheng, Dr. S H Ho Professor of Banking and Finance and the Director of Research Centre for ESG at The Hang Seng University of Hong Kong, as the Chairman of the Judging Panel. Being an advocate and a researcher of best practice of IR, Professor Cheng has in recent years been promoting the idea of integrating ESG into investors’ decisions. ESG-related awards have been added to the HKIRA IR Award categories since 2020. In addition, Professor Cheng has been working with HKIRA to continuously fine-tune the award criteria and categories to better recognise the latest development of IR activities and strategies in Hong Kong and Asia.Public nomination for the HKIRA 11th IR Awards 2025 is now open to Hong Kong-listed companies. Nominated individuals and companies will be placed on the online voting list upon confirmation of their participation. The investment community, including buy-side and sell-side analysts, and fund managers, are eligible to vote. Nominees with the highest votes (weighted) in each award category will be shortlisted and then undergo a final assessment by the judging panel. Finally, the Most Progress in IR, IR Committed Company, Overall Best IR Company and Grand ESG Awards will be selected by the judging panel. Facilitating a fair and balanced evaluation, the judging panel comprises academics, representatives from professional associations and the investment community.The HKIRA 11th IR Awards 2025 scheme has a total of 16 award categories honouring best IR practices of individuals and companies. Among these awards, 12 categories are open for nomination and voting, while the other 4 awards are selected by the judging panel. The award winners are to be announced at a ceremony to be held in Hong Kong in June/July 2025. For more information, please visit www.hkira.com/awards.Strategic Public Relations Group is proud to be the Official Public Relations Partner and Silver Sponsor for the HKIRA IR Awards this year. Please find key dates relating to the Awards with its categories and criteria for selection listed in the Appendix.About HKIRAHong Kong Investor Relations Association (HKIRA) is a non-profit professional association comprising investor relations practitioners and corporate officers responsible for communication between corporate management and the investment community. HKIRA advocates the setting of international standards in IR education, advances the best IR practices and meets the professional development needs of those interested in pursuing the investor relations profession.HKIRA is dedicated to advancing the practice of IR as well as the professional competency and status of its members. To date, HKIRA has over 1,300 members most of whom are working for companies primarily listed on the Stock Exchange of Hong Kong. About 70% of the Hang Seng Index Constituent Stock companies are currently members of HKIRA. HKIRA’s members are from a wide spectrum of professions including IR, finance, accounting, company secretarial to corporate investment and hold positions at different corporate levels, including top executives responsible for IR and management of listed companies. For more information about HKIRA details, please visit our website http://www.hkira.com.About the IR AwardsThe HKIRA Investor Relations Awards (the “IR Awards”) is an annual campaign that aims to encourage, recognize and reward the excellence in investor relations practices by individuals and companies listed in Hong Kong Stock Exchange. Since the launch in 2015, each year the Awards seeks out and highlights the incredible achievements of individuals and companies with high standards in investor relations through their role modelling to the investment community.The Awards ceremony, consisting of a conference in the morning and presentation in the afternoon, is a spectacular gathering of IR specialists and industry professionals that applauds and publicizes the year’s achievements in investor relations. For details of the Awards and online nominations, please visit http://www.hkira.com/awards.Media enquiries:Strategic Public Relations GroupCindy LungTel: +852 2864 4867Email: cindy.lung@sprg.com.hkCoco YuTel: +852 2864 4876Email: coco.yu@sprg.com.hk Website: www.sprg.asiaHong Kong Investor Relations AssociationViolet ChanTel: +852 2117 1846Email: irawards@hkira.comWebsite: www.hkira.com AppendixKey DatesNomination period21 February to 27 March 2025Online voting period8 April – 13 May 2025Judging Panel MeetingSecond half of May 2025Award PresentationJune /July 2025Award CategoriesAward CategoriesRecognitionSelection MethodBest IR CompanyCompany’s AchievementsOpen for nomination and online votingBest IR TeamBest ESG (E)Best ESG (S)Best ESG (G)Best Investor MeetingBest Investor Presentation MaterialBest Annual ReportBest IR Company for an IPO*Best IR by Chairman/CEOIndividual’s AchievementsBest IR by CFOBest IRO (Investor Relations Officer)Most Progress in IRDemonstration of the most progress in IR in the above areas during 2024Selected by Judging PanelIR Committed CompanyDemonstration of substantial efforts and allocated valuable resources towards enhancing their IR functionsOverall Best IR Company AwardsOutstanding and all-round excellence in the above areasGrand ESG AwardOverall excellence in all the three areas across ESG* Companies which were listed on the Stock Exchange of Hong Kong in 2023 and 2024 are eligible to be nominated for this award.Remarks: All awards will be further categorised by company market capitalisation into Large Cap, Mid Cap, and Small Cap, except Best IR Company for an IPO, Most Progress in IR and IR Committed Company Awards.Judging Panel (Arranged in alphabetical order of last name)NameTitleFirms / OrganizationsProfessor Louis Cheng(Chairman of Judging Panel)Dr. S H Ho Professor of Banking and Finance,Directorof the Research Centre for ESGThe Hang Seng Universityof Hong KongMrs. Amy DonatiExecutive Director and Chief Executive OfficerEDICO Holdings LimitedDr. Alvin Ho, CFA, CPAPresidentCFA Society Hong KongMr. Stephen LawVice-PresidentHong Kong Institute of Certified Public AccountantsMr. Andrew LookIndependent Non-Executive DirectorCITIC Resources Holdings LimitedMs. Victoria Mio, CFA, FRMPortfolio Manager, Head ofGreater China EquitiesJanus Henderson InvestorsDr. Maurice NgaiGeneral Committee and theChairman of MembershipServices of the Sub-CommitteesThe Chamber of Hong Kong Listed Companies  Copyright 2025 ACN Newswire via SeaPRwire.com.

The 4-day "Hong Kong Holiday & Travel Expo 2025" concluded successfullytoday, with attendance reaching a new record high.HONG KONG, Feb 24, 2025 - (ACN Newswire via SeaPRwire.com) - The "Hong Kong Holiday & Travel Expo 2025," a premier travel carnival, concluded today with resounding success, which marks a significant 27% increase in attendance compared to the expo last year. The exhibition hall was abuzz with activity, and exhibitors reported robust business performance, underscoring the public's unwavering enthusiasm for travel products and experiences.Mr. Carl Wong, Chairman of Exhibition Group Limited, commented, "We are thrilled to see the record-breaking attendance at this year's expo, which validates our strategic focus on delivering an immersive, carnival-style experience for visitors. In addition to offering premium travel products and a series of informative seminars, we introduced a mascot parade for the first time, featuring mascots from various regions engaging directly with attendees. This initiative received overwhelmingly positive feedback, not only driving higher footfall but also creating enhanced business opportunities for our exhibitors."As the co-organizer of the expo, the Travel Industry Council of Hong Kong is thrilled that attendance at the "Hong Kong Holiday & Travel Expo 2025" has once again set a record. Mr. Tommy Tam, Chairman of the Travel Industry Council of Hong Kong, remarked, "exhibitors are extremely satisfied with both the visitor turnout and the sales results from this expo, and the attendees also left very pleased. I hope the Exhibition Group will continue to provide high-quality travel purchasing experiences for travelers in Hong Kong and the Greater Bay Area in the future, offering them more benefits and further developing the exhibitions into the travel expos that travelers truly enjoy attending!"Exhibitors highlighted the vibrant, festive atmosphere as a key factor in attracting larger crowds and boosting visitor engagement. Goldjoy Travel Limited reported that their sales on the first day alone doubled their initial targets. Overseas Property Tour Limited noted a 40% year-on-year increase in sales for small group tours, while property viewing tours saw a remarkable 60% surge. Similarly, EAT PLAY TRAVEL expressed great satisfaction with this year's results, achieving a 40% increase in sales compared to September 2024. Encouraged by the strong performance, EAT PLAY TRAVEL has already planned to participating in future editions of the expo.In line with the government's emphasis on "silver economy," this year's expo introduced special initiatives to cater to the elderly demographic, including free admission and exclusive gifts for visitors aged 65 and above. These measures proved highly effective, with elderly attendance rising by nearly 20% compared to September 2024. Exhibitors welcomed this trend, recognizing the immense potential of the silver-hair market. For instance, TravPholer reported that senior visitors showed particular interest in long-haul tours to destinations such as Africa, Latin America, and the Middle East, with this demographic accounting for 70% of all travel product inquiries. First-time exhibitor Hualien Tour also noted that seniors made up 60% of their customer base, with a strong preference for three-day, two-night packages. Given the success of these initiatives, Mr. Carl Wong confirmed that the group will continue to roll out tailored offers for seniors at future events.Mr. Carl Wong concluded, "We are deeply gratified by the overwhelming support from both exhibitors and the public for the 'Hong Kong Holiday & Travel Expo.' Given its growing popularity, we are committed to establishing the expo as a regular flagship event, providing an unparalleled one-stop platform for travel enthusiasts and industry professionals alike."Photo with caption: The four-day event set a new attendance record, marking a 27% increase in visitor numbers compared to the expo held in 2024. The exhibition hall was bustling with activity, clearly reflecting the public's ongoing enthusiasm and strong demand for travel products. This year's expo provided free admission and special gifts for seniors aged 65 and older, successfully boosting the proportion of elderly attendees at the event. The Organizer introduced a mascot parade for the first time, featuring mascots from various regions engaging directly with attendees, which not only driving higher footfall but also creating enhanced business opportunities for exhibitors.About Hong Kong Holiday & Travel ExpoThe first consumer-oriented travel carnival in Hong Kong, the “Hong Kong Holiday & Travel Expo” was created by the Exhibition Group Limited and was first organized in February 2024. The expo aims to allow the general public to directly purchase travel products from over 300 booths, including travel agencies, airlines, theme parks, hotels, restaurants, tourism boards, and travel experience platforms. It truly satisfies the travel needs of citizens in terms of dining, shopping, entertainment, flights and accommodation at the travel carnival.About Exhibition Group LimitedExhibition Group Limited is one of Hong Kong's leading exhibition planning companies. Established in 2003 by a core group of innovative, experienced and professional exhibition experts, it is a leading event management company specializing in the planning and management of world-class public exhibitions, conventions and trade shows across a wide range of industries. With many years of experience in the industry, we are renowned in the exhibition industry for our commitment to the development of the exhibition and marketing business.This press release is issued by Strategic Communication Consultants Limited (SCC) on behalf of Exhibition Group Limited.Strategic Communications Consultants Limited (SCC)Vincent Ip            Tel:2114 4341 / 5498 9705Email:vincent.ip@sprg.com.hk             Fax:2114 0880                             Andico TsuiTel:2114 4346 / 6902 3831Email:andico.tsui@sprg.com.hkFax:2114 0880 Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, Feb 23, 2025 - (ACN Newswire via SeaPRwire.com) - CALB Group Co., Ltd.("CALB" or "the Company," stock code: 3931.HK) announced that it has been included in the Hang Seng Composite Index as of February 21, 2025, with effect from March 10, 2025.The Hang Seng Composite Index is a benchmark index for the Hong Kong stock market, representing the largest and most liquid companies in the market. CALB's inclusion in the index means the Company has met the criteria for inclusion in the Hong Kong Stock Connect trading program. This cross-border trading mechanism between mainland China and Hong Kong promotes the opening and cooperation of the two capital markets, offering global investors more opportunities. As a frontrunner in the battery industry, CALB's inclusion will attract more investors from both mainland China and overseas, enhancing stock liquidity and potentially diversifying its shareholder base.As a leading international new energy technology enterprise, CALB is committed to driving energy transformation and technological innovation, with the mission of "achieving greatness through win-win cooperation, and benefiting mankind for a better world." Leveraging its strong technological R&D capabilities and innovative potential, the Company focuses on multiple applications related to E-transformation, including electric vehicles (EVs) and energy storage systems (ESS). In 2024, CALB's installed capacity of EV batteries firmly ranked the second place among the third-party EV battery enterprises in China and third globally. In the energy storage market, the Company, in collaboration with Sungrow, secured the world’s largest energy storage battery order in 2024, earning high recognition from strategic customers for its products and delivery capabilities. In the marine market, the Company partnered with several well-known enterprises to promote the operation of the world's first-of-its-kind 10,000-ton pure electric container ship. CALB continues to innovate, supporting the "carbon peaking and carbon neutrality" goals, and actively explores battery recycling and reuse to foster the development of the circular economy. The Company strives to establish a battery full life cycle management system in the new energy industry, meeting the growing market demand for sustainable and environmentally friendly solutions.CALB stated that inclusion in the Hang Seng Composite Index will open more capital market opportunities, facilitate its inclusion in the Hong Kong Stock Connect program, accelerate its internationalization, expand global influence, and enhance long-term shareholder value. This milestone not only supports the Company's growth but also provides additional capital to drive breakthroughs in the global new energy market.About CALBCALB is a new energy enterprise specializing in the research, production, sales, and market application development of lithium batteries, battery management systems, and related integrated products and lithium battery materials. As Battery Expert, we aim to build a comprehensive energy operation system, to provide complete product solutions and full life-cycle management for the new energy application market, represented by power and energy storage.Currently, CALB has completed an all-round layout in domestic by setting up industrial bases in Changzhou, Xiamen, Wuhan, Chengdu, Hefei, Jiangmen and Meishan. Meanwhile, CALB has set up bases in Europe and ASEAN, vigorously expanding the layout all over the world to become a global leading enterprise with large-scale intelligent manufacturing capabilities. Copyright 2025 ACN Newswire via SeaPRwire.com.