Category: China

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Marriott’s 2025 Cage-Free Pledge in the Spotlight as Field Visit Raises Animal Welfare and Hygiene Concerns

Source: Media Outreach

Field visit finds dead birds, eggs surrounded by faeces and fly infestations at egg farm whose operators claim to supply Marriott properties

JAKARTA, INDONESIA – Media OutReach Newswire – 1 April 2026 – Marriott International (Marriott) has yet to publicly confirm whether it has met its commitment to source 100% cage-free eggs across all global operations by the end of 2025. A field visit conducted in November 2025 to an egg farm whose operators stated they supply Marriott properties has documented conditions that raise serious animal welfare and hygiene concerns.

Clockwise from top left: a hen with a visible eye injury; a dead bird observed discarded outside the cage structure; flies on a surface near chicken feed troughs. Photos: Resha Juhari / INCAF / We Animals.

In 2018, Marriott committed to sourcing “100% of eggs from cage-free sources throughout the company’s global operations for all owned, managed and franchised properties by the end of 2025.”
As the deadline approached, the company issued no updates on its cage-free transition despite repeated requests. With no response forthcoming, the Indonesia Network for Compassionate Animal Farming (INCAF) and partner organisations began conducting field visits to egg farms across Asia.

Clockwise from top left: egg trays stored at floor level surrounded by excrement; accumulated waste and debris beneath the cages; the interior of the battery cage facility showing waste buildup and cobwebs across cage structures. Photos: Resha Juhari / INCAF / We Animals.

At a farm whose operators claim to supply to Marriot properties, the following conditions were documented:

  • Eggs stored directly on the floor, surrounded by dirt, feathers and excrement
  • Swarms of flies around birds and their food
  • Accumulated faeces on and underneath cages
  • Dead birds discarded around the facility
  • Birds with severe eye injuries or blindness
  • Birds crammed into dirty wire cages
  • Poor access to water
“Marriott claims to ‘Serve Our World’ as a core value. What we documented at this farm raises serious questions about how that value is being upheld in practice,” said Frank Kembuan, Director of INCAF.

The visit is part of a broader Asia-wide movement, with organisations across multiple countries working together to promote transparency and accountability in fulfilling cage-free egg commitments, including China, India, Indonesia, Malaysia, the Philippines and Vietnam.
Marriott has not confirmed whether this farm is part of its current supply chain. The findings in this release are based on statements made by farm operators and field observations conducted by the campaign team. Marriott was approached to verify, respond, and engage constructively prior to publication.

Hashtag: #HelpMarriottFindAsia #AnimalWelfare #CorporateAccountability #EthicalSourcing #FoodSafety

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/04/01/marriotts-2025-cage-free-pledge-in-the-spotlight-as-field-visit-raises-animal-welfare-and-hygiene-concerns/

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McClay attends key WTO negotiations

Source: New Zealand Government

Trade and Investment Minister Todd McClay has wrapped up negotiations as Vice Chair at the 14th Ministerial Conference of the World Trade Organization (WTO) in Yaoundé, Cameroon.

“Disappointingly, proposals to reform the WTO and to extend the WTO-wide prohibition on the imposition of tariffs on digital trade flows could not be agreed in time,” Mr McClay says.

“However, all Members agreed the WTO needs to be modernised.

“An agreement on the final package is in reach and securing these decisions through further work in Geneva will now be the priority for New Zealand.”

Mr McClay also met with counterparts from 17 countries during the conference, including the United States, India, China, European Union, United Arab Emirates
and Saudi Arabia.

“While fuel supplies remain healthy for New Zealand, I took the opportunity to meet with Ministers from Singapore, and Korea, as well as Heads of Delegation from Saudi Arabia and Malaysia, to discuss critical fuel supply chains,” Mr McClay says.

Progressing the implementation of a new Electronic Commerce Agreement, underpinning approximately US$159 billion in trade, was agreed to by 66 WTO Members – who between them account for 70 per cent of global trade.

“This significant outcome will provide more predictability to our small businesses and exporters including through a permanent ban on tariffs on digital trade flows between the parties,” Mr McClay says.

“New Zealand also continues to pursue progress on negotiations to limit fisheries and agricultural subsidies, which are a significant issue in reducing our exporters’ returns.”

Labour Party Trade and Export Growth spokesperson Damien O’Connor joined the New Zealand delegation.

MIL OSI

LiveNews: https://livenews.co.nz/2026/04/01/mcclay-attends-key-wto-negotiations/

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Linklogis Releases 2025 Annual Results: Total Volume of Processed Supply Chain Assets Exceeds RMB500 Billion, Unveiling the “SC+ Platform”

Source: Media Outreach

SHENZHEN, CHINA – Media OutReach Newswire – 31 March 2026 – On March 31, 2026, Linklogis Inc. (09959.HK, “Linklogis”) released its 2025 annual results. During the year, the total revenue and income amounted to RMB983 million. Revenue and income in the second half of the year increased significantly by 62% compared with the first half of the year, reaching RMB608 million. In 2025, the total volume of supply chain assets processed by its technology solutions reached RMB508.1 billion, representing a 27% year-on-year increase, while the number of anchor enterprises served increased to 3,145. As of the end of 2025, Linklogis had cumulatively served more than 430,000 SMEs with efficient and convenient digital inclusive fintech services. The company maintained a solid financial position, with cash reserves reaching RMB4.9 billion, while liquidity remained ample.

In addition, Linklogis has always placed shareholder interests at the core of its corporate governance, rewarding investors’ trust through sustained and tangible actions. In August 2025, the Board approved a new share repurchase program of no less than US$80 million to be implemented over a one-year period. Under this repurchase program, the company has cumulatively repurchased shares totaling HK$365 million (approximately US$47 million), demonstrating its confidence in its long-term value through concrete actions.

Focusing on Core Business, Accelerating Business Structure Optimization

In 2025, Linklogis remained focused on its core business and accelerated the optimization of its business structure. The total volume of supply chain assets processed by its technology solutions reached RMB508.1 billion, up 27% year-on-year. With a market share of 22%, the company ranked first in the industry for the sixth consecutive year. The number of anchor enterprises served increased to 3,145, including 54 of China’s Top 100 enterprises and 151 of China’s Top 500 enterprises, while the number of financial institution partners reached 428, further improving the efficiency of industry-finance collaboration.

Linklogis’ supply chain finance technology solutions include Anchor Cloud, which consists of Multi-tier Transfer Cloud, AMS Cloud and Treasury Cloud, as well as FI Cloud, which consists of ABS Cloud and eChain Cloud. In 2025, the total volume of supply chain assets processed by Anchor Cloud reached RMB369.6 billion, representing a year-on-year increase of 31%. The total volume of supply chain assets processed by Multi-tier Transfer Cloud reached RMB304.2 billion, surging 47% year-on-year, with its contribution to the group’s total asset volume rising from 52% in 2024 to 60% in 2025. The total volume of supply chain assets processed by AMS Cloud, however, was RMB65.4 billion, down 13% year-on-year due to the continued decline in issuance volume in the supply chain asset securitization market.

The total volume of supply chain assets processed by FI Cloud reached RMB128.9 billion, up 20% year-on-year. Both ABS Cloud and eChain Cloud recorded solid double-digit growth in transaction volume, contributing to a 25% year-on-year increase in FI Cloud revenue. In the ABS Cloud segment, the total volume of supply chain assets processed reached RMB69.1 billion, rising 28% year-on-year. In the eChain Cloud segment, the total volume of supply chain assets processed reached RMB59.7 billion, increasing 13% year-on-year.

Linklogis focused on six key industries, including infrastructure and construction, new energy and advanced manufacturing, and worked with its subsidiary Bytter Technology to deepen targeted cross-selling, achieving breakthroughs in high-quality customer acquisition. Leveraging its one-stop comprehensive industrial-finance solutions and innovative scenario-based applications, Linklogis worked with a number of central and state-owned enterprises and leading private enterprises, including Shougang Group, China Coal Mine Construction Group Corporation and JA Solar Technology, to launch integrated industrial-finance platform projects. At the same time, it provided targeted support to 17 high-quality enterprises, including Shanghai Construction Group, Yunnan Construction and Investment Holding Group and Luzhou Laojiao, covering scenarios such as order financing, bill collateral, and supply chain bill transfer, supporting coordinated growth in both scale and value creation.

Building the “Second Growth Curve”, Unlocking Global Trade Finance Potential

2025 marked a pivotal year for Linklogis’ international business as the company embarked on a new chapter and accelerated the development of its “second growth curve.” During the year, Linklogis officially launched a comprehensive rebranding of its international business, introducing “Unloq” as its new identity for the global market, reflecting its vision of unlocking the potential and efficiency of global trade finance. Guided by a core strategy centered on cross-border trade corridors, scenario-based finance and technology-driven risk management, Unloq is committed to building a globally connected digital supply chain finance platform with strong local execution capabilities.

In line with its core strategy, the company has leveraged its cloud-native technology to launch the innovative “SC+ Platform”, designed to connect global real-world trade with digital finance. The “SC+” signifies its core function of connecting smart contracts with compliant digital payment instruments, forming a technology-enabled solution for global trade finance. The platform is dedicated to building the next-generation digital infrastructure for global trade finance and addressing systemic challenges in cross-border trade, including credit verification, fund turnover, and clearing and settlement efficiency. Through the platform, funders can utilize various compliant payment methods to purchase trade receivables.

To date, Unloq has completed the deployment of the core architecture of the SC+ Platform. Working with multiple commercial partners, Unloq has advanced the rollout of innovative applications leveraging compliant digital payment methods. In 2025, Linklogis successfully secured the bid for a Web3.0-based supply chain finance platform project for a leading central state-owned enterprise, marking a new milestone in its technological capabilities and industry recognition in the field of digital trade infrastructure.

In its international business, Unloq accelerated the expansion of cross-border trade services. In addition to traditional B2B goods trade, cross-border e-commerce and online travel agencies, it also expanded into cross-border logistics, bringing the total number of platform customers to 1,550, representing a net year-on-year increase of 451. With the deeper penetration of the SC+ Platform in cross-border trade finance, the continued expansion of its global localized service network, and the accelerated integration of solutions supporting Chinese enterprises’ overseas expansion, Linklogis’ cross-border and international business is expected to enter a phase of exponential growth in both asset volume and revenue in 2026, embarking on a new chapter of high-quality and sustainable development.

Advancing the “AI-powered Industrial Finance” Strategy: From Internal Empowerment to Industry Value Co-Creation

Linklogis remains committed to its “AI-powered Industrial Finance” strategy and continues to promote the deep integration of AI with supply chain finance across the entire value chain. Built on years of technological expertise and scenario-based refinement, its AI capabilities have evolved from internal productivity tools into a sophisticated intelligence engine that empowers the entire industrial ecosystem. By deeply integrating leading domestic large language models with its proprietary supply chain finance scenario knowledge graph and multimodal business elements, the company has systematically advanced the ongoing iteration and capability enhancement of its self-developed vertical model, LDP-GPT. Building on this foundation, Linklogis has developed the “BeeLink AI Agent” product matrix, covering more than ten core scenarios including intelligent trade document checking, intelligent PBOC registration, intelligent KYC, and intelligent risk management.

In 2025, BeeLink AI Agent continued to deliver breakthroughs in market penetration and commercialization. The number of customers served rose to 42, including domestic and overseas financial institutions and industry leaders such as Standard Chartered Bank, Bank of Hangzhou, and China Electrical Equipment Finance. Processing efficiency improved by 20 times, while accuracy in key processes reached 99%. As AI continues to evolve toward an agent-based paradigm, Linklogis will take “AI Agent+” as a strategic lever to comprehensively upgrade BeeLink AI Agent from functional tools to intelligent collaboration. It will prioritize breakthroughs in advanced capabilities such as cross-system task coordination, natural-language interactive decision-making, and adaptive workflow optimization, enabling customers to move from point intelligence to enterprise-wide intelligence, and from business insights to intelligent decision-making, thereby delivering end-to-end value across the entire value chain.

Linklogis actively responded to China’s “dual carbon” strategy and high-quality development agenda by embedding ESG principles into product innovation and the entire service lifecycle, leveraging technology to advance green finance, inclusive finance, and sustainable development. In 2025, the volume of sustainable supply chain assets served by the company exceeded RMB66.8 billion, representing a year-on-year increase of 80%, with its share of total serviced assets rising from 9% in 2024 to 13% in 2025. During the year, SMEs that obtained financing through Linklogis Supply Chain Multi-tier AR Transfer Platform benefited from an average financing cost of only 2.85%. The company continued to deepen its presence in four key sectors—renewable energy, rural revitalization, environmental protection, and public health—while further expanding into sustainable sectors such as the new energy vehicle supply chain, green buildings, and the circular economy. Through these initiatives, it directed financial resources more precisely to key segments that generate both green and low-carbon benefits and strong social impact, gradually building a broader and more influential sustainable development ecosystem that integrates industry and finance.

Expanding Full-scenario Deployment, Enhancing the Smart Industrial Finance Treasury Product Matrix

Through the acquisition of Bytter Technology, Linklogis made a strategic entry into the corporate treasury management sector. By synergizing management teams and business operations, the company successfully established the Treasury Cloud product line, providing diverse customers with end-to-end treasury management services covering settlement operations, cash planning, financing management, risk monitoring, and intelligent decision-making. As a key component of Linklogis’ “Smart Industrial Finance Treasury” strategy, Treasury Cloud is anchored by a dual-engine approach powered by AI and data, and has established a comprehensive product matrix, including the F1 treasury management system and T6 cash management system for anchor enterprises, the bank treasury system for financial institutions, and the Yingzilian SaaS platform for SMEs.

Since September 11, 2025, Bytter Technology has been consolidated into the group’s financial statements. The integration of the Treasury Cloud business has been fully completed. Linklogis will continue to deepen resources integration and business collaboration between Treasury Cloud and the group’s other supply chain finance technology businesses in areas such as product R&D, channel expansion and customer service. The company will accelerate the development of an integrated, intelligent and scalable Smart Industrial Finance Treasury platform, providing customers with one-stop digital solutions covering treasury management and industrial-finance collaboration.

Charles Song, founder, Chairman and CEO of Linklogis, said: “The year 2026 marks the tenth anniversary of Linklogis. As we stand at the threshold of a new decade, we will remain firmly committed to a core strategy of being technology-driven and globally connected, while steadfastly advancing our dual-engine approach of deepening domestic industrial finance and expanding global digital trade. We will seize opportunities amid transformation and strengthen our competitive advantages through innovation. In the domestic market, we will continue to advance the “AI-powered Industrial Finance” strategy. Anchored by the comprehensive upgrade of BeeLink AI Agent, we will accelerate AI’s evolution from scenario-based enablement to ecosystem-level collaboration. At the same time, leveraging our full-stack capabilities in Smart Industrial Finance Treasury solutions, we will continue to refine our integrated one-stop solutions, consolidate our market leadership, and ensure the steady growth of our core business. In international markets, we will accelerate the expansion of global cross-border digital trade networks through Unloq and roll out the SC+ Platform along key global trade corridors. We aim to become a key builder and connector in the ongoing digital and intelligent transformation of global trade finance. The future is already unfolding. Only the adaptable can prevail, and only the persistent can go the distance. With technology as our oar and industry as our vessel, Linklogis will continue to join forces with our partners, embarking together on the magnificent journey toward a digital and intelligent future for global industrial finance.”

Hashtag: #Linklogis

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/04/01/linklogis-releases-2025-annual-results-total-volume-of-processed-supply-chain-assets-exceeds-rmb500-billion-unveiling-the-sc-platform/

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Fullgoal Launches Its First Hong Kong‑Domiciled ETF, Targeting High Dividends and Low Volatility

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 31 March 2026 – Fullgoal Asset Management (Hong Kong) Limited (“Fullgoal AM HK”) listed its first Hong Kong-domiciled ETF — the Fullgoal Hang Seng HK High Dividend ETF (Stock Code: 3031) — on the Hong Kong Stock Exchange on 31 March. A milestone in Fullgoal’s more than ten years of commitment to the Hong Kong capital markets, the listing marks a new chapter in the company’s product development in Hong Kong and further strengthens its product portfolio bridging Chinese and international capital. Citi Investor Services is trustee, custodian and ETF administrator for the newly listed ETF.

On the launch of the firm’s first ETF, Li Xiaowei, Deputy General Manager and Chief Investment Officer of Fullgoal Fund, said: “The Fullgoal Hang Seng HK High Dividend ETF is Fullgoal’s first step into Hong Kong’s ETF market and an important addition to our product lineup in the city. We believe that, in the current macroeconomic environment, Hong Kong equity assets combining high dividend yields with low volatility are well-positioned to deliver sustained long-term value to investors. Drawing on the 15 years of ETF management experience accumulated by Fullgoal Fund’s quantitative investment team onshore, we have both the capability and the confidence to provide investors with an efficient and reliable allocation tool.”

One Product: Targeting the Most Compelling Dividend Opportunities in Hong Kong Equities

The Fullgoal Hang Seng HK High Dividend ETF tracks the Hang Seng SCHK High Dividend Low Volatility Index – Net Total Return (HSHYLVN), selecting 50 high-quality Stock Connect-eligible securities with consistent dividend track records and lower price volatility. The portfolio is diversified across banking, energy, utilities, consumer, and other sectors, constructed on a net dividend yield-weighted basis, with a single-stock weighting cap of 5%.

Low Volatility: Beyond Stability, a Smarter Screen

Unlike conventional high-dividend equities, the Hang Seng SCHK High Dividend Low Volatility Index incorporates a proprietary low-volatility screening mechanism that reinforces risk management. According to Wind data, the index delivered cumulative returns of 92.75% and 91.12% over the past three and five years respectively, significantly outperforming the Hang Seng High Dividend Yield Index (HSHDYI) at 71.90% and 9.84% over the same periods, and well ahead of the Hang Seng Index at 49.86% and 22.88%¹. On the risk management front, during the March 2022 index rebalancing, the Hang Seng SCHK High Dividend Low Volatility Index removed approximately 14% of its real estate constituent weighting in a single rebalancing cycle, effectively sidestepping the sector’s subsequent downturn. In 2025, against a backdrop of heightened volatility in Hong Kong equity markets, the index delivered a full-year gain of 27.27%², further demonstrating the strategy’s resilience and effectiveness.

The “HALO Strategy”: A Tailwind for the Times

In 2026, the appeal of high-dividend investing has become increasingly evident. Amid significant uncertainty over the direction of global interest rates, the sources of return and risk characteristics of various asset classes are being repriced. In an environment of heightened market volatility, high-dividend assets—offering both stable cash flow and a combination of defensive qualities and yield—are emerging as core targets for active capital allocation in a climate of interest rate uncertainty. At the same time, the widely discussed “HALO Strategy” (Heavy Assets, Low Obsolescence) provides a new investment rationale for Hong Kong’s high-yield assets. Sector leaders in Hong Kong’s energy, power, and telecommunications industries — underpinned by physical asset moats that are difficult to replicate — have demonstrated rare long-term stability in an era of rapid AI-driven technological change, and may well emerge as an important safe harbour for institutional capital.

About Fullgoal AM HK: Fullgoal Fund’s Hong Kong Subsidiary, with Deep Quantitative Investment Expertise

Fullgoal Asset Management (Hong Kong) Limited was established in 2012 and holds Type 1 (Dealing in Securities), Type 4 (Advising on Securities), and Type 9 (Asset Management) licences issued by the Securities and Futures Commission of Hong Kong. It is a wholly-owned subsidiary of Fullgoal Fund Management Co., Ltd., headquartered in Shanghai.

The parent company, Fullgoal Fund, was founded in 1999 as one of the first ten fund management companies approved by the China Securities Regulatory Commission (CSRC). As of end-2025, Fullgoal Fund’s total assets under management were around RMB 2 trillion3, including public fund AUM of over RMB 1.3 trillion, making it the largest asset management institution headquartered in Shanghai4.

Fullgoal Fund’s quantitative investment team was established in 2009 and currently comprises more than 40 professionals with an average industry tenure of over 11 years, maintaining a long-term focus on quantitative and ETF index investing.

¹ Source: Wind. Period: 8 May 2017 – 27 February 2026. Past index performance is not indicative of future returns and does not guarantee fund performance.
² Source: Wind (total return index). Period: 1 January 2025 – 31 December 2025.
³ Source: Fullgoal Fund. As of 31 December 2025.
4 Source: Wind. As of 31 December 2025.

Hashtag: #Fullgoal

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/31/fullgoal-launches-its-first-hong-kong-domiciled-etf-targeting-high-dividends-and-low-volatility/

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ISCA Holds First Annual Ceremony in Shanghai, Honours Members and Announces New Collaboration With SCCCI

Source: Media Outreach

SINGAPORE – Media OutReach Newswire – 31 March 2026 – The Institute of Singapore Chartered Accountants (ISCA) held its first Annual Ceremony in Shanghai on 29 March, bringing together over 150 members and partners from China and Singapore.

The ceremony marked a significant milestone in ISCA’s internationalisation efforts, recognising long-serving members, honouring accredited institutions and partners, and unveiling a new partnership with the Singapore Chinese Chamber of Commerce & Industry (SCCCI) to enhance business and professional linkages between China and Singapore.

ISCA has continued to expand its presence on the global stage, as it has a steadily growing international community of members, students and partners worldwide, with 12 overseas chapters in nine countries and six overseas offices across four countries.

Within China, ISCA has established its China offices in Shanghai and Nanjing. A partnership with the Nanjing University of Finance and Economics has also been developed, embedding the Singapore Charted Accountant Qualification (SCAQ) into its curriculum to allow Chinese students to graduate with a degree in accounting, while also providing them a fast track to the Chartered Accountant (Singapore) designation. This marks ISCA’s first embedded degree since the SCAQ programme was launched in 2014.

Ms Claire Qian, ISCA Shanghai Chapter Chairperson said: “ISCA’s growing presence in China reflects strong demand for deeper professional and business linkages between China and Singapore. This ceremony highlights our commitment to supporting members in China while strengthening cross-border collaboration and opportunities.”

The ceremony also heralded the announcement of a new collaboration by ISCA and SCCCI in developing a practical executive programme that addresses the challenges that Chinese companies face in expanding into Southeast Asia.

ISCA President Mr Teo Ser Luck shared: “China is a key market in ISCA’s internationalisation strategy, given the size of its enterprises and the growing interest in Southeast Asia as a growth market. Through our Professional Services Centres, we provide businesses with the capabilities, insights and networks they need to expand and invest in China and Southeast Asia. As we marked ISCA’s first anniversary in China, we stay committed to build strong foundations for cooperation and investment between Singapore and Chinese enterprises, supported by trusted professional services partners.”

Mr Huang Fei, Centre Director, Singapore Enterprise Centre (SCCCI Shanghai Representative Office) said: “We are pleased to announce this collaboration with ISCA, and are eager to impart our combined insights into the world of business development within Chinese enterprises. Participants can look forward to resources aimed at providing members with practical and insightful support in approaching regional development opportunities, with additional information to be shared as we navigate new possibilities.”

The ceremony also celebrated over 30 member achievements, recognising various members ranging from new Chartered Accountants, Experienced Professionals, members milestones spanning 10 to 30 years and Fellow Chartered Accountants.

Mr Kelvin Lam, CFO of NTT Data (China), a Chartered Accountant, said: “As an overseas ISCA member, this event has been deeply fulfilling. As it brings together ISCA members within China and Singapore, it has allowed us to share valuable insights with each other, and to develop strong bonds that will only continue to grow. As a Chartered Accountant, I would also like to commend ISCA for their dedication and support for overseas members, as they have provided countless resources and opportunities for us to seize and grow as accountants.”

Hashtag: #ISCA #DifferenceMakers #Accounting #Accountancy #CharteredAccountants #ChooseAccountancy #Shanghai

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/31/isca-holds-first-annual-ceremony-in-shanghai-honours-members-and-announces-new-collaboration-with-sccci/

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PHANCY Announces 2025 Annual Results Revenue Exceeds RMB 7 Billion as Company Turns Profitable

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 31 March 2026 – Phancy Group Co., Ltd. (“Phancy” or the “Company”, Stock Code: 6682.HK), a leading Artificial General Intelligence (AGI) company, today announced its annual results for the year ended December 31, 2025 (the “Reporting Period”).

In 2025, Phancy reported total revenue of RMB7.135 billion, representing a strong year-on-year increase of 35.6%. Adjusted net profit attributable to the parent company reached RMB17.84 million, a milestone reflecting significant advance in operational efficiency, business model strength, and resilience. During the reporting period, the three core business segments — AI Platform, API, and Agentic AI — delivered synergistic growth, with revenues of RMB6.552 billion, RMB79.9 million, and RMB503 million respectively, representing year-on-year increases of 32.0%, 129.2%, and 93.2%. The company has a total of over 1,000 contracted clients with deep penetration across more than 20 high-value industries, including energy, manufacturing, finance, retail, and telecommunications. Order on hand amounted to over RMB8.9 billion, surpassing the Company’s total revenue in 2025.

Dr. Dai Wenyuan, Founder, Chairman of the Board, and Chief Executive Officer of Phancy Group Co., Ltd. said, “2025 was a landmark year for Phancy. We completed a comprehensive strategic upgrade from ‘Fourth Paradigm’ to ‘Phancy Group’, signifying our transformation from an enterprise AI platform to a full-stack AI ecosystem and officially entering the AI 2.0 era. This performance breakthrough validates the development philosophy and strategic vision we have long pursued, demonstrating our forward-looking industry insight and long-term value creation capabilities. As we embrace the next wave of AI, we will continue to focus on ‘AI Agent + World Model’ as our core technology path, strengthen computing power and foundational capabilities, drive deeper value realization of AI, and work with ecosystem partners to build a sustainable intelligent future.”

Performance Highlights:

  • Total revenue reached RMB7.135 billion, up 35.6% year-on-year; adjusted net profit amounted to RMB17.84 million, marking the first full-year profitability.
  • According to IDC, Phancy ranked first in China’s machine learning platform market for seven consecutive years, with a 34% market share.[i]
  • Orders on hand amounted to over RMB8.9 billion, surpassing the Company’s total revenue in 2025.
  • AI Platform contributed RMB6.552 billion in revenue, up 32.0% year-on-year, accounting for 91.8% of total revenue and serving as the core growth pillar.
  • API business, driven by a token-based model, became the fastest-growing segment with revenue of RMB79.9 million, representing explosive year-on-year growth of 129.2%.
  • Agentic AI business, centered on a “Result-as-a-Service” model, achieved revenue of RMB503 million, up 93.2% year-on-year, demonstrating strong momentum and sustainable scalability.

Business Highlights:

In 2025, Phancy’s three core business segments — AI Platform, API, and Agentic AI — established a multi-engine growth model, creating a cycle of synergy and mutual reinforcement.

AI Platform: Sustained Growth Driver

Driven by strong domestic demand for localization and the national “AI+” initiative, the AI Platform remained the Company’s core growth engine. With its full-stack product portfolio and leading market position, the segment delivered deep integration between computing power and platform services, lowering barriers to AI adoption. Supported by a comprehensive technology framework and a strong customer base, the AI Platform effectively boosted performance and contributed to the Company’s profitability breakthrough.

The Company continued to drive technological iteration, with a strategic focus on three core offerings: PhanthyCloud, HAMi vGPU, and ModelHub XC.

  1. PhanthyCloud – the backbone of the full-stack AI PaaS cloud service, integrating diverse AI capabilities to provide efficient, cloud-based services. Seamlessly connected to ModelHub XC and HAMi vGPU, PhanthyCloud delivers model adaptation and computing power scheduling, while maintaining broad compatibility with mainstream domestic chips to support digital transformation.
  2. HAMi vGPU – a core GPU resource management product that allows GPUs to be flexibly shared and scheduled. Customers can tailor GPU configurations to their business needs, significantly improving utilization rates.
  3. ModelHub XC – China’s largest ITAI (information technology application innovation) model community, designed to promote deep adaptation between domestic chips and AI models. The number of adapted and certified models has now surpassed 30,000. The Company had initially planned to scale the number of adapted models to the hundred-thousand level within a year, a milestone it has already achieved ahead of schedule.

API Business: Fastest Growth Engine

With the rapid adoption of AI Agents, token consumption has grown exponentially. Phancy’s API business, built on a flexible pay-as-you-go model and a comprehensive ecosystem, achieved leapfrog growth, and became the Company’s fastest growing segment. Token revenue for the first quarter of 2026 alone has already surpassed the full-year total for 2025.

The API business is anchored by the Phanthy platform, complemented by PhanRouter and PhanClaw, creating a comprehensive token ecosystem in synergy with the Sage Platform:

  1. Phanthy – the core platform of the token-based ecosystem. It integrates cloud services with more than 30,000 adapted models and industry-specific vertical models, delivering accessible API capabilities that reach over 100 million of terminal products and support the large-scale deployment of AI capabilities.
  2. PhanRouter – a unified API gateway for large models. It enables developers and enterprises to seamlessly connect with dozens of mainstream model providers, it is compatible with the OpenAI standard and major domestic chips, and supports both private deployment and token-based payment, reducing customer costs and easing operational complexity.
  3. PhanClaw – an agent platform deeply integrated within PhanthyCloud and serves as an extension of the OpenClaw ecosystem. It is designed to provide users with secure, controllable, and cost-efficient digital assistant services. Working in synergy with Phanthy and PhanRouter, PhanClaw manages the token lifecycle, including risk control, permission management, and log auditing, meeting the stringent security and compliance requirements of industries, such as finance and government affairs.

Agentic AI: Long-Term Sustainable Growth

Agentic AI serves as the Company’s revenue cornerstone and a “value multiplier” for empowering a wide range of industries. Operating under a Result-as-a-service model and aligned with national “AI+” energy development policies, this segment expanded rapidly across high-value industries, achieving economies of scale and strong growth momentum. Working in synergy with the AI Platform and API businesses, Agentic AI provides long-term support for revenue and contributes to the high-quality development of the Company’s operations.

In terms of business expansion, the Company is focusing on core scenarios in spot electricity trading and medium- to long-term electricity trading. It has developed a full-chain AI solution encompassing forecasting, decision-making, risk control, and post-trading review. This solution has already been deployed in multiple pilot provinces and recognized by key customers, effectively improving efficiency and profitability in wind power, photovoltaics, and energy storage. This model is now being rapidly extended to other industries, including manufacturing and finance.

Future Outlook:

Looking ahead to 2026, Phancy will continue to advance its four strategic priorities: deepening its AI 2.0 roadmap, accelerating the deployment of industrial-grade AI Agents, driving international expansion, and further extending into the consumer market.

In terms of the AI 2.0 roadmap, the Company will continue to pursue its core philosophy of “AI for Everyone”, focusing on foundational technology R&D and real-world deployment. By refining its end-to-end technology system, Phancy aims to lower barriers to AI adoption and enable more enterprises and users to benefit from AI. For industrial-grade AI Agents, the Company will accelerate deployment under a Result-as-a-service model, deepening its presence in key sectors such as energy and finance, and developing replicable, scalable industry solutions, to expand business scale and profitability. On international expansion, Phancy will strengthen partnerships with overseas brands and channels, building a robust global operations framework to support worldwide growth. In the consumer market, the Company will focus on core consumer needs by launching high-experience smart terminal products, further expanding its customer base and establishing a dual-driven growth model powered by both technology and market reach.

Hashtag: #PHANCY

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/31/phancy-announces-2025-annual-results-revenue-exceeds-rmb-7-billion-as-company-turns-profitable/

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UFC FIGHT NIGHT® Returns to Galaxy Macau in May with A Stellar Line-up Featuring Song Yadong vs Deiveson Figueiredo

Source: Media Outreach

Priority Tickets for “Galaxy Ultimate” WeChat Members on Exclusive Pre-Sale April 14 Public Sale on April 17

MACAU SAR – Media OutReach Newswire – 31 March 2026 – Galaxy Macau is thrilled to announce the hottest tickets for UFC’s highly anticipated return to Macau – featuring three back-to-back events, UFC FIGHT NIGHT® and the opening rounds of ROAD TO UFC Season 5 – will go on sale to the public on April 17. “Galaxy Ultimate” WeChat members will be eligible for exclusive early priority booking starting April 14. This year, special VIP packages for UFC FIGHT NIGHT®, which include a series of exclusive entitlements, and three-day combo packages for both UFC FIGHT NIGHT® and the opening rounds of ROAD TO UFC Season 5 are available for an all-rounded experience. All three events will take place at Macau’s largest indoor arena – Galaxy Arena – from May 28 to 30, marking the start of the four-year strategic partnership that will bring three UFC FIGHT NIGHT® events to Galaxy Macau through to 2029.

A Stellar Line-up Set for UFC FIGHT NIGHT® at Galaxy Macau

Every UFC FIGHT NIGHT® delivers an electrifying showcase of elite athletes competing in world-class Mixed Martial Arts (MMA) action. The main event promises fireworks as China’s No. 5-ranked bantamweight, Song Yadong, collides with Brazil’s No. 7-ranked Deiveson Figueiredo.

The main event promises fireworks as China’s No. 5 ranked bantamweight, Song Yadong, collides with Brazil’s No. 7 ranked Deiveson Figueiredo.

Known as the “Kung Fu Kid”, Song hails from China’s Heilongjiang Province. A dynamic striker with nine knockout victories and a reputation for explosive first-round finishes, he returns to fight in front of a home crowd for the first time since 2018, determined to cement his place in the bantamweight title picture.

Figueiredo, fighting out of Soure, Pará, Brazil, is a former two-time UFC flyweight champion renowned for his finishing prowess, boasting nine knockouts and nine submissions. Now competing in the bantamweight division, he aims to break into the top five.

In the co-main event, two of the light heavyweight division’s most notable knockout artists will battle it out when China’s No. 15-ranked Zhang Mingyang steps into the Octagon against seasoned American powerhouse Alonzo Menifield.

Zhang, fighting out of China’s Anhui Province, burst onto the scene with a knockout in ROAD TO UFC Season 1 and stunned fans with a spectacular finish of Anthony Smith. With 19 first-round victories, he is eager to defend his ranking with a thrilling fight in Macau.

Menifield, fighting out of Dallas, Texas, USA, is a proven knockout artist with extensive UFC experience. Looking to secure his place among the light heavyweight elite, he aims to tackle Zhang with a powerful finish.

Tickets for UFC’s return to Galaxy Macau – featuring three back-to-back events, UFC FIGHT NIGHT®: SONG vs. FIGUEIREDO and ROAD TO UFC Season 5 Opening Round – will go on sale to the public on April 17. “Galaxy Ultimate” WeChat members will enjoy priority booking on April 14.

The card also features other thrilling matchups, including a pivotal heavyweight clash between No. 3-ranked Sergei Pavlovich of Moscow, Russia and No. 11-ranked Tallison Teixeira of São Paulo, Brazil; Sumudaerji “The Tibetan Eagle” from China’s Sichuan Province, challenging top-10 bantamweight Alex Perez of California, USA; a women’s strawweight style-versus-style affair between Muay Thai world champion Loma Lookboonmee of Buriram, Thailand and standout grappler Jaqueline Amorim of Manaus, Brazil; a fast-paced flyweight bout between ROAD TO UFC Season 2 winner Rei Tsuruya of Chiba, Japan taking on Jesus Aguilar of Ensenada, Mexico; “Mongolian Murderer” Aoriqileng (China) gets back in the Octagon to face Cody Haddon of Australia in a bantamweight bout.

The Stage for Emerging Fighters: ROAD TO UFC Season 5

Fight Week in May kicks off with the opening rounds of ROAD TO UFC Season 5 on Thursday, May 28, and Friday, May 29. This thrilling “win-and-advance” tournament showcases Asia-Pacific region’s finest MMA prospects, with 32 athletes across four divisions battling for a coveted UFC contract.

In a special main event for ROAD TO UFC on Saturday, May 28, entertaining striker Rongzhu (Sichuan, China) faces heavy-handed Victor Martinez (San Juan, USA) at lightweight.

The opening round of ROAD TO UFC Season 5 on May 28 and 29 will feature Asia-Pacific’s best talent battling for a UFC contract.

In a special main event for ROAD TO UFC on Friday, May 29, Shi Ming (Kunming, China), the ROAD TO UFC Season 3 women’s strawweight tournament winner and viral sensation, returns for her second main event appearance to face India’s first and only female UFC representative, Puja Tomar (Budhana, India).

Upgraded Experiences: Extended Events Elevate the Fight Week Vibes

The fight nights will be complemented by a week-long programme of high-energy fan experiences, including UFC fighter meet-and-greets, autograph sessions, and a host of other activities. Designed to amplify the excitement surrounding the headline bouts, the fight week programming aims to maximise event exposure and further expand the sport’s growing fan base.

The fight nights will be complemented by a week-long programme of high-energy fan experiences designed to amplify the excitement.

For more information about Galaxy Macau and the programme of events, please visit https://www.galaxyresorts.com.cn/BRaLNz2IRQ/

【UFC FIGHT NIGHT®: SONG vs. FIGUEIREDO】&【ROAD TO UFC Season 5 Opening Rounds】Tickets On Sale

Event Dates & Times： 【ROAD TO UFC Season 5 Opening Round Day 1】- 6pm, May 28, 2026

【ROAD TO UFC Season 5 Opening Round Day 2】- 6pm, May 29, 2026

【UFC FIGHT NIGHT®: SONG vs. FIGUEIREDO】- 4pm (First Bout), 7pm (Main Card), May 30, 2026
Venue： Galaxy Arena
Ticket Price： UFC FIGHT NIGHT®: SONG vs. FIGUEIREDO

VIP Experience Package: MOP/HKD from 8,080 to 19,980

Regular tickets: MOP/HKD from 480 to 3,380

ROAD TO UFC Season 5 Opening Round Day 1 MOP/HKD from 480 to 1,580

ROAD TO UFC Season 5 Opening Round Day 2 MOP/HKD from 380 to 2,280

*Currency settled based on the ticketing platform
Pre-Sale Tickets Dates & Channels: Members of The Galaxy Ultimate Mini Program, UFC Fight Club, UFC newsletter subscribers and UFC social followers, kindly utilise the priority ticket access code associated with the 3-day combo package or single-day event ticket to conduct your priority purchase at Galaxy Ticketing during the designated period.

UFC Fight Week Macau:3-Day Combo Package

  1. Members of The Galaxy Ultimate Mini Program & UFC Fight Club: From April 14 at 11am to April 15 at 9am

UFC FIGHT NIGHT®: SONG vs. FIGUEIREDO on May 30 and ROAD TO UFC on May 28 and 29: Single Event Tickets

  1. Members of The Galaxy Ultimate Mini Program & UFC Fight Club: From April 15 11am, to April 16 at 9am:
  2. UFC newsletter subscribers & UFC social followers: From April 16 at 11am to April 17 at 9am

*Please find more event details via www.galaxyticketing.com.
Travel Packages Inclusive of event tickets and accommodation – sale from 11am, April 16 on Trip.com
Public Sale Date & Channels: April 17 at 11am, available on Galaxy Ticketing, Damai, Maiseat, Maoyan, uutix

Hashtag: #GalaxyMacau #UFC

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/31/ufc-fight-night-returns-to-galaxy-macau-in-may-with-a-stellar-line-up-featuring-song-yadong-vs-deiveson-figueiredo/

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Hong Kong Public Relations Professionals’ Association Holds Annual General Meeting Dinner, Embarking on a New Milestone After Its 30th Anniversary

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 30 March 2026 -The Hong Kong Public Relations Professionals’ Association (PRPA) successfully hosted its Annual General Meeting (AGM) Dinner. Following the kick off of the Association’s 30th anniversary, this year marks the Association’s official entry into a new chapter. The dinner brought together numerous public relations (PR) industry elites, business leaders, academic representatives, and media friends to jointly witness this significant moment as the Association builds on its past and opens a new chapter.

Heavyweight guests gathered at the Hong Kong Public Relations Professionals’ Association Annual General Meeting Dinner. (Seated from left to right: Dr Linda Tsui, Professor Anthony Wu, Dr John Chan, Mr Purry Chiu, Mr Chan King Cheung; Back row from left to right: Prof CF Kwan, Mr Richard Tsang, Mr BC Lo, Mr Xie Jinfen, Ms Miranda Leung, Mr King Cheng, Mr Perry Mak, Ms Agnes Hui)

Mr Richard Tsang, Chairman of the Organising Committee, and Prof. Kwan Chuk-fai, Honorary President, expressed their deepest gratitude to Dr John Chan, Advisor to the Association, for his long-standing support. In addition, Dr Chan has long served as the Chairman of the PRPA Organising Committee and Advisor since the inception of the “Hong Kong Public Relations Awards”. Over the years, he has facilitated the Association’s development with his wealth of experience and unfailing support, providing valuable guidance to the industry. The Association extends highest respect and gratitude to Dr Chan for his unwavering commitment and dedication over the years.

All committee members at the Hong Kong Public Relations Professionals’ Association paid special tribute and expressed their heartfelt gratitude to Advisor Dr John Chan (7th from left).

The Association also announces the conferment of the title of Honorary President upon Prof. Kwan Chuk-fai. Prof. Kwan is one of the founding members of PRPA. He possesses profound expertise and outstanding achievements in the fields of public relations, corporate communications, and crisis management. For many years, he has been dedicated to promoting industry development and nurturing the next generation, guiding peers to seize opportunities in the ever-changing communications ecosystem.

The Hong Kong Public Relations Professionals’ Association Annual General Meeting announced the conferment of the title of Honorary President upon Prof. Kwan Chuk-fai (left), pictured with Mr Purry Chiu, President of the Executive Committee (right).

Over the past 30 years, the Association has laid a solid foundation for promoting the professional development of the public relations industry in Hong Kong. Stepping into a brand-new stage of development, the Association will not only continue to provide a high-quality exchange and learning platform for practitioners but also lead the industry in actively responding to new challenges in the era of digitalisation and artificial intelligence (AI).

Fellow member and founder of the Christ-based Fund, Mr B.C. Lo, delivered a keynote speech at the Hong Kong Public Relations Professionals’ Association Annual General Meeting Dinner.

Delivering his speech, Mr Purry Chiu, President of the Hong Kong Public Relations Professionals’ Association, stats: “Following our joyous celebration of PRPA’s 30th anniversary last year, we are officially stepping into a new chapter of the Association’s development this year. The accumulation of thirty years has given us a solid foundation. Facing the future, the PR industry has transformed into a core force for corporate strategy and brand building. Special thanks to Dr John Chan and Prof. Kwan Chuk-fai; with their vision and wealth of experience, they have led PRPA to new heights, continuing to manifest the spirit of ‘Connecting the Industry, Achieving Excellence’, and creating greater value for the PR industry in Hong Kong and the Greater China region.”

A group photo of some of the founding members attending the Hong Kong Public Relations Professionals’ Association Annual General Meeting, including (from left to right): Ms Angel Chung, Ms Germaine Lui, Prof. Kwan Chuk-fai, Dr King Cheng, and Ms Mabel Kwan.

Hong Kong Public Relations Professionals’ Association Executive Committee Members 2026-2027

President
Purry Chiu (2024- )

Vice Presidents
Marina Watt
June Lau

Honorary Treasurer
Agnes Hui (Former President)

Honorary Secretary
Chloe Kiosk

 Committee Members (in alphabetical order of surnames)
Maria Cheung (Former President)
Sharon Cheung
Loretta Fong
Angela Mak
Veronica Tse
Ruby Wan (Former President)
Meigi Wong
Xenia Wong

At the dinner, fellow member and founder of the Brothers & Sisters in Christ Foundation, Mr B.C. Lo, delivered a keynote speech. Mr Lo shared his wealth of experience in handling numerous public relations crises and emphasised that corporate management should include PR professionals in the decision-making echelons, allowing a greater share of voice and involvement in order to fully unleash the greater value that PR could bring to the business.

Congratulations to the three outstanding participants of the PRPA Student Attachment Programme: Jiselle (second from left), Rainbow Chan (third from left), and Fiona Kwong (2nd from right).

The seminar held that afternoon also invited several heavyweight guests to share their industry insights. Key topics included the application of artificial intelligence in communication strategies, ethics and trust in the digital media era, as well as cross-sector collaboration and social responsibility. Attendees generally agreed that the integration of AI and public relations is an irreversible megatrend. The Association should assist practitioners in enhancing their digital capabilities and ethical judgement, and facilitate multi-party collaboration to exert the public influence of PR.

Mr Richard Tsang, Chairman of the 30th Anniversary Organising Committee of the Hong Kong Public Relations Professionals’ Association (first row, 6th from right); Dr John Chan, Advisor to the Association (first row, 7th from left); Prof. Anthony Wu, Chairman of the Hong Kong Public Relations Awards Organising Committee (first row, 7th from right); Honorary Presidents Dr Linda Tsui and Prof. Kwan Chuk-fai (first row, 6th and 2nd from left respectively); along with members of the Steering Committee and Executive Committee, took a group photo on stage, witnessing this important moment together with all the guests.

Looking ahead, the Hong Kong Public Relations Professionals’ Association will continue to uphold its professional spirit, keep a finger on the pulse of the times, and work hand in hand with the industry to propel Hong Kong’s public relations sector to continue shining on the international stage. The Association will also successively roll out a series of training programmes, forums, and cross-sector projects to support members in facing the new opportunities and challenges in the era of digitalisation and AI.

Hashtag: #PRPA

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/31/hong-kong-public-relations-professionals-association-holds-annual-general-meeting-dinner-embarking-on-a-new-milestone-after-its-30th-anniversary/

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PolyU researchers pioneer novel multi-energy field-assisted diamond cutting technology, enabling ultra-precision manufacturing for high-performance materials

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 30 March 2026 – Machining, involving the precise cutting and shaping of materials, is a key manufacturing process. As industries increasingly adopt the use of high-performance materials with high strength and hardness, traditional machining methods often fall short in delivering the required precision. A research team at The Hong Kong Polytechnic University (PolyU) has developed a ground-breaking machining technology that combines laser and magnetic fields during diamond cutting, enhancing cutting smoothness and surface quality while reducing a material’s subsurface damage and tool wear. This dual-field approach demonstrates exceptional manufacturing capabilities that surpass existing field-assisting cutting techniques, making possible ultra-precision machining of a range of challenging advanced materials.

Prof. Sandy To Suet, Professor of the PolyU Department of Industrial and Systems Engineering and Associate Director of the State Key Laboratory of Ultra-precision Machining Technology, and her research team, have developed an innovative and unique multi-energy field-assisted ultra-precision machining technology that enhances cutting smoothness and surface quality, while also reducing a material’s subsurface damage and tool wear, demonstrating exceptional manufacturing capabilities that surpass existing field-assisting cutting techniques.

The innovative and unique multi-energy field-assisted ultra-precision machining technology, known as in-situ laser-magnetic dual-field assisted diamond cutting (LMDFDC), has been developed by Prof. Sandy TO Suet, Professor of the PolyU Department of Industrial and Systems Engineering and Associate Director of the State Key Laboratory of Ultra-precision Machining Technology, and her research team. Relevant research findings are published in International Journal of Extreme Manufacturing.

Site field machining refers to the application of external energy fields, such as laser and magnetic fields, at the cutting site during the machining process. Existing field-assisting cutting techniques have certain limitations. For example, a laser field helps soften hard-brittle materials and makes them easier to cut, but often causes melting or craters due to overheating; a magnetic field can diminish cutting force and enhance heat dissipation to ease cutting process, but its effect is unstable across different materials and surface scratches caused by the exfoliation of hard particles in high-performance materials like high-entropy alloys (HEAs) cannot be avoided.

By combining laser and magnetic fields, LMDFDC synergises strengths of both fields and mitigates their respective drawbacks. The researchers compared this new approach with three other machining methods for HEA workpieces: laser-only, magnetic-only and cutting without any external field. Using a suite of advanced tools, they observed changes of the workpiece at multiple levels—from surface appearance to subsurface features and atomic-scale structures.

Results showed that, through thermo-magneto-mechanical multi-physical synergistic interactions, LMDFDC improves machinability to a degree not achievable with either field alone. In particular, the technology produces finished pieces with smoother surface and less damaged subsurface by using a magnetic field to enhance heat transfer and suppress laser-induced thermal damage, while the laser softens hard particles to avoid scratches and improve cutting stability. The dual-field coupling effect also prevents the formation of build-up on tool edges caused by severe friction, and rapid tool degradation from heat, significantly reducing tool wear and extending their lifespan.

In 2017, at the forefront of advanced manufacturing technology research, Prof. To led her team to propose the world’s first magnetic field-assisted diamond cutting technique that enhances manufacturability of difficult-to-machine materials. She said, “As time progresses, single-field assisted machining technologies are proving increasingly inadequate for the precision manufacturing of new high-performance materials, especially the emerging HEAs with their excellent strength and stability that are highly desirable for advanced engineering applications in high-ends fields like aerospace and energy. LMDFDC marks a technological breakthrough in machining these new materials, opening up new avenues of ultra-precision manufacturing technology.”

In addition to introducing a transformative dual-field assisted machining technology, the research also investigated what occurs, what changes and what improves in the materials when dual fields are applied. This deepens scientific understanding of material transformations during field-assisted processes and their underlying mechanisms, bridging a critical knowledge gap for designing future multi-field machining methods for various advanced materials.

“The research is among the first to thoroughly examine how laser and magnetic fields work together during ultra-precision machining, and how this combined action differs from using either field alone,” Prof. To added. “The significance of the findings resides in propelling frontier academic developments in multi-physics coupled manufacturing theories while discovering innovative machining approaches.

Currently in the process of patenting the innovative LMDFDC technology, the research team plans to explore additional combinations of energy fields to support the development of more versatile and reliable multi-physics machining approaches.

The research was supported by the National Natural Science Foundation of China’s General Program, as well as the General Research Fund of the Research Grants Council and the Mainland-Hong Kong Technology Cooperation Funding Scheme under the Innovation and Technology Fund of the Innovation and Technology Commission of the Hong Kong Special Administrative Region Government.

Hashtag: #PolyU #Machining #UltraPrecisionMachining #DiamondCuttingTechnique #HongKong

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/30/polyu-researchers-pioneer-novel-multi-energy-field-assisted-diamond-cutting-technology-enabling-ultra-precision-manufacturing-for-high-performance-materials/

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Changhong and Grundig Announce Strategic Partnership

Source: Media Outreach

NUREMBERG, GERMANY – Media OutReach Newswire – 30 March 2026 – Changhong, a leading Chinese home appliance brand, has announced a strategic partnership with European brand Grundig. Under the agreement, Changhong will obtain brand license for Grundig across multiple core product categories and key regional markets, and will be responsible for the brand’s international operations and development. The partnership represents an important step in Changhong’s global and multi-brand strategy.

The cooperation covers major product categories including consumer electronics, large home appliances, air conditioners, and selected small domestic appliances. The licensed markets include Europe (excluding Türkiye), the Asia-Pacific region, the CIS, and China. Leveraging its global industrial capabilities, Changhong will oversee the full value chain for Grundig, spanning product development, design, manufacturing, sales, logistics, and customer service, with localized strategies tailored to different markets.

With more than 60 years of industry experience, Changhong has built strong capabilities in smart home appliances, supported by robust R&D strength, a vertically integrated supply chain, and a global manufacturing and operations network. Its overseas business covers core markets such as Europe, Australia, Southeast Asia, the Middle East, and Latin America, with manufacturing bases in countries including the Czech Republic, Indonesia, and Vietnam. These strengths provide a solid foundation for supporting the long-term development of international brands.

Founded in 1945 and headquartered in Nuremberg, Germany, Grundig is a well-established European home appliance brand with a long history in consumer electronics and household appliances. The brand joined Türkiye-based Arçelik Group in 2004 and today operates in more than 55 countries and regions worldwide, maintaining strong brand recognition across Europe.

As part of Changhong’s multi-brand international strategy, its owned brand CHiQ has made steady progress in the European market in recent years. Positioned toward mass and younger consumer segments, CHiQ has expanded through localized channel development, product launches, and brand communication, gradually building market presence across key European countries.

With its strong European heritage and mid-to-high-end positioning, Grundig will complement CHiQ’s role within Changhong’s brand portfolio, enabling clear brand differentiation and synergy. Together, the two brands are expected to strengthen Changhong’s channel coverage, market reach, and overall competitiveness in Europe and global markets.

Changhong stated that it will advance the partnership with a long-term and sustainable development perspective, continuously strengthening product, channel, marketing, and service capabilities to support the stable growth of the Grundig brand internationally.

Hashtag: #Changhong #Grundig

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– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/30/changhong-and-grundig-announce-strategic-partnership/

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Changan and CAOA Strengthen Long-Term Commitment to Brazil with New R$ 5 Billion Investment Cycle and Breakthrough Flex-Fuel Technology

Source: Media Outreach

ANÁPOLIS, BRAZIL – Media OutReach Newswire – 30 March 2026 – Changan Automobile and CAOA today marked a new chapter for Brazil’s automotive industry with the inauguration of a highly automated production line in Anápolis and the roll-off of the first Brazilmade CHANGAN UNIT. The ceremony, attended by President Luiz Inácio Lula da Silva, Vice-President Geraldo Alckmin and H.E. Zhu Qingqiao, Chinese Embassy in Brazil, signals a new phase of high-tech industrialization and green mobility in the country.

The milestone underscores Changan’s commitment to the Brazilian market, backed by continuous investment in production capacity, technological modernization, and advanced manufacturing. The inauguration launches a new USD 950 million (R$ 5 billion) investment cycle for 2026-2028. Combined with the USD 570 million (R$ 3 billion) invested from 2023, total investment in Anápolis reaches USD 1.52 billion (R$ 8 billion), with annual capacity for 90,000 units.

“For Changan, Brazil is not only a place to invest, but a land where we committed to building a long-term future,” said Zhu Huarong, Chairman of China Changan Automobile Group.

A Breakthrough in Local Engineering

The UNI-T resulted from three years of collaboration between 200 Chinese and Brazilian engineers. At its core is the advanced 1.5 Turbo GDi BlueCore Flex engine—a powertrain engineered by Changan and calibrated by CAOA’s specialized team for any ethanol-petrol blend.

This “Next Level” SUV underwent 200,000 km of testing across Brazil’s diverse climates, ensuring durability, efficiency and performance under local usage patterns. It combines global engineering with localized innovations—such as a fully localized Portuguese voicecontrol system and connected cockpit—delivering an experience tailored to Brazilian drivers.

“The UNI-T represents far more than a new model. It demonstrates that Brazil can establish itself as a global hub for high-technology automotive engineering and production,” says Carlos Alberto de Oliveira Andrade Filho, Co-President of CAOA.

Driving Brazil’s reindustrialization plan

The CHANGAN UNI-T anchors these localized powertrains. The investment focuses on digitalizing assembly lines and workforce training, supporting the federal government’s MOVER program.

Leveraging this Flex-Fuel and HEV foundation, Changan plans to introduce a full range of hybrid and electrified variants, strengthening local supply chains and R&D. With over 60 dealerships opening in 2026, Changan is expanding sales footprint while embedding advanced factory and powertrain technologies into Brazil’s industrial landscape—poised to help lead the next phase of intelligent, sustainable mobility.

Hashtag: #Changan

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– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/30/changan-and-caoa-strengthen-long-term-commitment-to-brazil-with-new-r-5-billion-investment-cycle-and-breakthrough-flex/

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Wildberries sees surging demand for Asian food, health products on its marketplace

Source: Media Outreach

MOSCOW, RUSSIA – Media OutReach Newswire – 30 March 2026 – Wildberries, a leading e-commerce platform in Eurasia, reports a 40% increase of food sales from Asian countries on its online marketplace in 2025, with individual product categories continuing to show rapid growth in 2026.

This dynamic reflects rising demand for Asian products across Wildberries’ markets of presence, as Asian culture and cuisine steadily gain popularity in countries where the company operates. The growth also highlights Asian manufactures’ success in boosting sales in the Eurasia region, where Wildberries has more than 79 million customers.

Sales of soy-based meat from mainland China, popular among health-conscious and vegetarian consumers, increased more than fourfold in 2025 versus the previous year. Sales of low-carb and gluten-free noodles from China doubled in January–February 2026 compared with the same period last year.

Among Indian products on Wildberries, basmati rice, turmeric – a key ingredient in curry sauce – and black tea dominated sales growth in 2025, with sales increasing by 39%, 41% and 68%, respectively.

Sales of coconut milk from Thailand on Wildberries tripled in January–February 2026 compared with the same period last year, while sales of Thai dried strawberries and Tom Yum paste more than doubled during the same period.

Besides food, sales of health-related Asian products also surged. Sales of India’s psyllium, a plantain seeds-based powder that aids in weight reduction, nearly doubled in January–February 2026. Sales of Taiwanese glucometers and test strips for measuring blood sugar levels rose 54% and 28%, respectively, in January-February 2026.

Top-selling items in the cosmetics category included creams and face masks from South Korea, which have gained popularity partly thanks to the influence of K-pop performers. One of the most popular Vietnamese products on Wildberries is eyelash extensions—synthetic polymer fibers used to increase natural eyelashes. Sales of nail sculpting gels from Japan are also on the rise, increasing by 11% in January–February 2026.

Hashtag: #Wildberries

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– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/30/wildberries-sees-surging-demand-for-asian-food-health-products-on-its-marketplace/

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China-Singapore Youth Dialogue wraps up with focus on AI, innovation

Source: Media Outreach

SINGAPORE – Media OutReach Newswire – 29 March 2026 – The China-Singapore Youth Dialogue concluded in Singapore on March 25, bringing together young participants to exchange ideas on technology, culture and sustainability under the theme “Building Tomorrow: Youth Voices United.”

A total of 12 youth panelists from China and Singapore participate in three panel discussions at Asian Civilisations Museum in Singapore on March 25.(Photo: People’s Daily)

Co-organized by the People’s Daily and Lianhe Zaobao, the two-day event featured 12 young representatives who explored how their generation is shaping the future through innovation, cultural renewal and cross-border collaboration.

In the first panel, “Youth Driving Tech Innovation,” participants working in robotics, flying cars and data verification discussed both the opportunities and challenges of the AI era.

Tan Wei Hua, head of design at Singapore-based LionsBot International, addressed concerns over “AI anxiety” and its impact on jobs. “New jobs are going to be created. The next generation will be doing something entirely different,” he said, pointing to robotics as a growing field of opportunity.

Quah Zheng Wei, CEO and co-founder of Accredify, encouraged aspiring entrepreneurs to take the first step. With the tech industry evolving rapidly, he stressed that “nothing is holding you back.”

From an industry perspective, Michael Du, CFO and vice president of ARIDGE, said emerging technologies are expanding possibilities in everyday life. Meanwhile, Xu Huazhe, assistant professor at the Institute for Interdisciplinary Information Sciences at Tsinghua University, highlighted the strengths of younger generations: “With the correct taste, they will build the most meaningful things.”

The second panel, “Contemporary Renewal of Traditional Culture,” shifted focus from innovation to heritage. Artists and cultural practitioners in wood sculpture, paper art, jewelry design and journalism explored how tradition can be revitalized in modern contexts.

Wood sculpture artist Deng Kun emphasized the importance of cultivating an eye for beauty, while Lianhe Zaobao arts and culture journalist Zhang Heyang described traditional culture as “a place of spiritual haven for today’s youth.”

Designer Longhong Ziwei, founder and art director of the accessory brand Soft Mountains, said engaging with Yi heritage has inspired her work and resonated with international audiences.

Singaporean paper and mixed media artist Koh Pei Li, drawing inspiration from everyday urban life, highlighted the value of noticing overlooked details. Through her work, she hopes to reconnect people with the subtle beauty around them.

In the final panel, “Jointly Building a Sustainable Future,” speakers from architecture, fashion, and marine conservation offered interdisciplinary perspectives on sustainability.

Chen Kan, principal architect of TAB Architecture and Design, spoke about the philosophy of “being-with” as a guiding principle. “We need a deeper capacity to coexist with others,” he said.

Goy Zhenru, principal architect of Goy Architects in Singapore, emphasized designing in harmony with nature. She highlighted the importance of connecting living spaces with natural elements such as breeze and sunlight to create comfort and environmental awareness.

Sam Shu Qin, co-founder of Our Singapore Reefs and Our Blue Spaces, who describes herself as “a gardener underwater,” expressed hope that younger generations will recognize their ability to give back to the ocean.

For fashion designer Chen Peng, founder of brand CHENPENG, sustainability is both cultural and practical. “It should be culture-based and do no harm to the earth. It’s not a choice, but a natural extension of philosophy,” he said.

The dialogue marked a step forward in media cooperation and people-to-people exchanges between China and Singapore. By amplifying youth perspectives, it showcased the innovative energy and collaborative potential of both countries, while helping to build a long-term platform for bilateral engagement and shared progress.

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/30/china-singapore-youth-dialogue-wraps-up-with-focus-on-ai-innovation/

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Citri Mobile Expands Singapore Repair Network as Jurong and Yishun Demand Grow

Source: Media Outreach

Expansion strengthens access to fast, reliable device repair services across Jurong, Yishun, Tampines and Chinatown as demand for urgent technical support rises

SINGAPORE – Media OutReach Newswire – 29 March 2026 – Citri Mobile has expanded its Singapore repair network with stronger support in Jurong and Yishun, responding to rising demand for faster and more accessible device repair as device failures become increasingly disruptive to daily life.

A Citri Mobile technician performing internal diagnostics at a fully equipped repair station in Singapore.


What often begins as a minor inconvenience can quickly escalate. A phone may take longer to charge, a screen may flicker briefly before stabilising, or a laptop may run hotter than usual during routine use. These early signs are often ignored until the device stops functioning at a critical moment.

In recent months, technicians have observed a noticeable increase in cases involving sudden power loss, charging instability, motherboard-related faults and water damage. These issues often appear gradually before escalating into complete device failure, reflecting a broader shift in how modern devices behave under long-term usage.

Across Singapore, users are increasingly facing device failures at moments where immediate access is essential. A phone may stop responding during a payment, a transport app may fail to load before a journey, or a laptop may refuse to power on just before an important task. In such situations, the priority shifts quickly from convenience to restoring access in order to regain control of payments, communication and daily responsibilities.

Against this backdrop, Citri Mobile and its C3 Smart Repair by Citri Mobile outlets are strengthening support for customers dealing with urgent issues across smartphones, foldable devices, tablets, MacBooks and laptops.

In Jurong, these situations are often experienced during working hours and daily commutes. A phone that powers off unexpectedly mid-transaction or loses signal during navigation can create immediate disruption. In these moments, users searching for phone repair in Jurong often prioritise providers that are nearby, responsive and able to diagnose issues clearly without unnecessary delay.

In Yishun, the pattern frequently unfolds in residential settings. Devices that appear functional the night before may fail completely the next morning. A phone may not power on, a screen may remain black despite vibration, or a device may show signs of internal failure after minor exposure to moisture or accidental spills. When access to essential services is affected, the need for immediate local support becomes more urgent.

Water damage continues to be one of the more unpredictable causes of device failure. Even small amounts of moisture can lead to corrosion within internal components, affecting charging circuits, display connections or motherboard stability. In some cases, devices may continue to function temporarily before deteriorating rapidly over time.

At the same time, laptop and MacBook issues remain a significant concern, particularly for users who rely on their devices for work, study and communication. A MacBook that fails to power on, shuts down under load or shows inconsistent charging behaviour often indicates deeper issues such as logic board faults, battery degradation or power management instability.

For iPhone-related repairs, some users also look for providers that participate in Apple’s Independent Repair Provider programme, where applicable. Those seeking specialised support may explore iPhone repair in Singapore when reliability, diagnostics and parts compatibility are key considerations.
These issues are no longer isolated to one category of device. Similar underlying problems — including power IC faults, charging circuit instability and motherboard-level failures — can affect both smartphones and laptops. In many cases, users turn to providers offering broader device repair services in Singapore to address multiple concerns within a single visit.

In more complex cases, symptoms may appear inconsistent at first. A device may turn on intermittently, charge irregularly, or shut down without warning before failing entirely. These patterns often require careful diagnosis rather than immediate part replacement, particularly when internal board-level issues are involved.

Across Singapore, from Jurong and Yishun to Tampines and Chinatown, users increasingly choose repair providers that are close by, familiar and capable of handling both straightforward and complex faults with dependable turnaround. Customers in the northern region may also rely on nearby options such as mobile repair in Yishun for quicker access.

Citri Mobile said its recent expansion reflects a broader shift in customer expectations, where speed, clarity and reliability play a more significant role in decision-making.

“People usually start searching seriously when the problem stops them from doing something important,” a Citri Mobile spokesperson said. “Once payments, work access or communication are affected, the decision becomes immediate. They want a nearby solution they can trust.”

Citri Mobile operates across multiple Singapore locations under both Citri Mobile and C3 Smart Repair by Citri Mobile, supporting a wide range of repair needs from screen and battery replacements to charging issues, water damage recovery and motherboard-level repairs.

The company’s recent milestones include recognition as a Carousell Preferred Partner, receipt of the Carousell Best Service Award 2025, CaseTrust accreditation, and participation in Apple’s Independent Repair Provider programme for iPhone-related repair support.

With stronger coverage in Jurong and Yishun, alongside continued support in Chinatown and Tampines, Citri Mobile aims to improve access to timely and reliable device repair services for customers across the wider Singapore market.

https://citrimobile.com/
https://x.com/CitriMobile
https://www.facebook.com/CitriSG/
https://www.instagram.com/citrimobilesg
https://www.carousell.sg/u/citrimobilesg/

Hashtag: #CitriMobile #SingaporeRepair #Jurong #Yishun

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/29/citri-mobile-expands-singapore-repair-network-as-jurong-and-yishun-demand-grow/

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Meitu 2025 Annual Results: Adjusted Net Profit Surges 64.7% YoY to a Record RMB 965 Million, Driven by AI Transformation

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 28 March 2026 – In 2025, Meitu, Inc. (Meitu) adhered to its “Productivity and Globalisation” strategy, with total revenues from continuing operations surging 28.8% YoY to RMB 3.86 billion. The company’s core business – Photo, Video and Design Products – generated RMB 2.95 billion in revenue, a robust 41.6% YoY increase, accounting for 76.6% of total revenues. Non-IFRS Adjusted Net Profit – a key indicator of core operational performance – soared 64.7% YoY to RMB 965 million. The revenue and profit growth were primarily driven by the rapid adoption of AI Agents integrated into its product portfolio, leading to a significant surge in global paying subscribers.

As of December 31, 2025, total paying subscribers reached an all-time high of 16.91 million, a substantial 34.1% YoY increase, with a subscription rate of 6.1%, up 1.4 percentage points from 2024.

AI Agent-Integrated Products Gain Explosive Popularity, Driving Strong Penetration and Monetization Growth

Following the July launch of RoboNeo (Meitu’s flagship AI visual design agent), Meitu integrated AI Agent capabilities across most of its product portfolio to enhance workflow automation and user experience.

As such, Meitu’s productivity tools segment achieved an all-time high 9% subscription rate, up 3.1 percentage points YoY. Paying subscribers of this segment grew to 2.16 million, representing a significant 67.4% YoY growth, with international paying subscribers more than doubling.

The segment comprises three core tools: DesignKit specializing in AI workflows for e-commerce design,Kaipai and Vmake specializing in AI workflows for video production.

Backed by AI Agent empowerment, in 2025, DesignKit established strategic partnerships with leading global e-commerce platforms including Alibaba, JD.com, and Amazon. Kaipai focuses on verticals including healthcare, education, beauty, insurance, and real estate, empowering industry users to create professional talking videos. In 2025, Kaipai’s MAU nearly doubled, and paying subscribers tripled. Vmake targets fitness and wellness markets, achieving rapid MAU growth in the U.S., with Annual Recurring Revenue (ARR) reaching approximately USD 3 million.

Meitu’s leisure product segment including the Meitu app, BeautyCam and Wink maintained robust user engagement. The paying subscribers for the leisure segment grew 30.3% YoY to 14.75 million, driving the segment’s subscription rate to a solid 5.9%.

Globalisation Milestones: Expanding Footprint in High-ARPU Regions

Meitu’s Globalisation strategy achieved significant progress, with MAU in markets outside Mainland China surpassing the 100 million milestone, a 6.3% YoY increase. International paying subscriber growth accelerated in the second half of 2025, with the majority of new additions coming from high-ARPU regions including Europe, the Americas and East Asia, enhancing the sustainability of international monetization.

AI Technology Advancement & Industry Recognition

Following the training of its self-developed large vision model’s foundational capabilities in 2024, the company has since shifted its R&D priorities towards vertical-specific model training and application-level optimization to better address targeted user needs, consistent with its model-agnostic strategy. In 2025, the company’s total R&D expenses grew moderately by 3.8% YoY.

Meanwhile, on Andreessen Horowitz (a16z)’s “Global Top 50 Gen AI Mobile Apps” list, Meitu ranked first in the photo, video and design category by the number of featured products, with four apps selected. This external recognition reinforces Meitu’s position as a leading global AI application company in imaging, video and design.

Fueled by sustained R&D investment, Meitu is systematically deploying AI Agents into scalable productivity workflows. Going forward,Meitu will continue expanding diverse imaging skills to empower global developers and users with professional-grade AI creation experiences.

Hashtag: #Meitu

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/28/meitu-2025-annual-results-adjusted-net-profit-surges-64-7-yoy-to-a-record-rmb-965-million-driven-by-ai-transformation/

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Best Mart 360 Announces 2025 Annual Results

Source: Media Outreach

Recorded Continuous Growth in Revenue, Proposed a final dividend of HK9.0 cents per share

Highlights:

  • Revenue increased by 2.2% to approximately HK$2,867.7 million.
  • Gross profit increased by 0.7% to approximately HK$1,035.1 million.
  • Profit attributable to owners of the Company recorded approximately HK$219.7 million.
  • As at 31 December 2025, the Group operated a total of 183 chain retail stores (2024: 176), including 178 retail stores in Hong Kong and 5 retail stores in Macau.
  • Basic earnings per share was approximately HK22.0 cents. The Board recommended the payment of final dividend of HK9.0 cents per share.

Financial Highlights:

HK$’000

 Year ended

31 Dec 2025

 Year ended

31 Dec 2024

(Restated)

 Change
Revenue 2,867,695 2,805,146 +2.2%
Gross profit 1,035,074 1,027,997 +0.7%
Gross profit margin 36.1% 36.6% -0.5 p.p.
Profit attributable to owners of

the Company

219,730

245,901

-10.6%

HONG KONG SAR – Media OutReach Newswire – 27 March 2026 – Best Mart 360 Holdings Limited (“Best Mart 360” or the “Company”, together with its subsidiaries, the “Group”; stock code: 2360.HK), a leisure food retailer in Hong Kong, announced its results for the year ended 31 December 2025. During the year, the revenue recorded by the Group amounted to approximately HK$2,867,695,000 (2024: HK$2,805,146,000), representing an increase of approximately 2.2%.

During the Financial Year under Review, gross profit was approximately HK$1,035,074,000 (2024: HK$1,027,997,000), representing an increase of 0.7%. The Group’s gross profit margin for the year was approximately 36.1%, compared to approximately 36.6% in 2024. This contraction in margin was primarily attributable to the strategic implementation of enhanced promotional campaigns designed to navigate the ongoing trend of consumption downgrading and intensified market competition.

Profit attributable to owners of the Company for the year was approximately HK$219,730,000 (2024 (Restated): approximately HK$245,901,000), primarily due to a slight reduction in average revenue per store and a contraction in gross profit margin, which collectively impacted overall profitability. The net profit margin (before interest and tax) moderated to approximately 9.8%, down from approximately 11.2% for the year ended 31 December 2024 (Restated).

For the Financial Year under Review, basic earnings per share was approximately HK22.0 cents. The Board recommended the payment of final dividend of HK9.0 cents per share.

BUSINESS REVIEW
Strategy Adjustment & Opened 10New Retail Stores
As at 31 December 2025, the Group operated a total of 183 chain retail stores, including 178 chain retail stores (31 December 2024: 170 stores) in Hong Kong and 5 chain retail stores (31 December 2024: 6 stores) in Macau respectively. During the Financial Year under Review, the Group opened 10 new retail stores and closed 3 stores upon expiration of their respective lease terms in alignment with the Group’s strategy adjustment.

The ratio of rental expense (cash basis) to sales revenue of retail stores for the year ended 31 December 2025 was approximately 9.6%, which was similar to that of approximately 9.6% for the year ended 31 December 2024.

Introduced Popular Brands & Launched on Grocery Delivery Platform
Hong Kong residents’ growing propensity to spend in Mainland China, coupled with inbound visitors’ preference for in-depth experiences, more rational and prudent consumption patterns, as well as the intensified competition in the local market from Mainland China e-commerce players leveraging economies of scale, the Hong Kong retail market is undergoing a structural long-term transformation, with the industry’s competitive landscape and consumption behaviour being reshaped.

In response to the challenging business environment, the Group adopted a series of timely and targeted measures to navigate these difficulties. These included optimizing product mix and strengthening the offering of basic foodstuffs covering cereals, noodles, canned food, milk, chilled and frozen food, daily necessities as well as basic groceries. The Group also introduced popular Mainland brands as well as imported a wide range of specialty food from around the world to meet the needs and expectations of local consumers and visiting tourists. To further strengthen its business, the Group launched on the Foodpanda grocery delivery platform during 2025 to expand its online sales channels, and rolled out a variety of promotional initiatives including shopping vouchers. These initiatives collectively contributed to the Group’s sales growth during the Financial Year under Review.

The Group procured quality products from overseas suppliers as well as brand owners or importers in Hong Kong. For the year ended 31 December 2025, the Group offered a total of approximately 3,425 stock keeping units (“SKU”) of products (for the year ended 31 December 2024: approximately 3,653 SKU) from suppliers principally from (but not limited to) Japan, Mainland China, Europe, Vietnam, Korea, the United States and other Asia-Pacific countries.

The Group sourced the most popular and trendy food products from various regions, striving to provide customers with diverse, multi-brand, and multi-category global product choices.

As at 31 December 2025, the total amount of inventories of the Group amounted to approximately HK$316,841,000 (31 December 2024: approximately HK$339,513,000), representing a decrease of approximately 6.7% year-on-year. The decrease in the Group’s total inventories was mainly attributable to optimised inventory management and the timing shift of the Lunar New Year holiday from January to February.

During the Financial Year under Review, the Group continued to actively develop private label products that on one hand allowed the Group to capture pricing advantages and exercise a higher level of quality control over its products and on the other hand further uplift its brand awareness and strengthen customers’ loyalty. For the Financial Year under Review, sales derived from private label products were approximately HK$520,821,000 (for the year ended 31 December 2024: approximately HK$477,222,000), accounted for approximately 18.2% of the Group’s revenue for the Financial Year under Review (for the year ended 31 December 2024: approximately 17.0%).

Expanded Customer Base & Enhanced Loyalty
To further deepen customer stickiness and broaden customers coverage, the Group used big data analysis and reformulated its marketing strategy to launch a new three-tier membership scheme and a second-generation mobile app in mid-June 2020. The new membership scheme helps to elevate brand positioning and market recognition, and the membership rewards have been fully optimised and enhanced, with more member benefits such as stamp reward for multiple-item purchase, special offers for selected products and access to the latest market information. During the Financial Year under Review, the number of the Group’s members increased from approximately 2,280,418 as at 31 December 2024 to approximately 2,395,862 as at 31 December 2025, representing an increase of approximately 5.1%.

The Group launched various marketing and promotional activities during the Financial Year under Review including the “Best Price” promotional campaign, which provided customers with a series of special offers for selected quality products from time to time to enhance customer loyalty. Meanwhile, the Group continued to advertise through television, newspapers, social media platforms and other media, which successfully attracted new customers encouraged repeat purchases and significantly enhanced market awareness of the Group.

PROSPECTS
Looking ahead, uncertainties in Sino-US relations, geopolitical risks and other factors will introduce further variables to economic recovery, and economic growth in Hong Kong and globally is expected to remain under pressure. The Board anticipates that the retail sector in Hong Kong will remain challenging in the near term. Nevertheless, the Group will continue to operate in a cautiously optimistic manner, closely monitor the development of various adverse factors that may impact the Group’s performance, and timely implement necessary and appropriate measures through refined operations and management to adapt to the ever-changing market environment.

The Group will continue to prioritize the Hong Kong market as its core focus, optimize its product mix and enhance the development of its private label products, with a wider range of staple foods and necessities to better meet consumer demand and enhance the Group’s competitiveness in the retail market.

To maintain sound operational efficiency, the Group will timely review the regional distribution of its brand stores, implement a moderate expansion policy and flexible leasing strategies, and actively pursue suitable opportunities to expand the retail network for its core retail brand “Best Mart 360º” and global gourmet brand “FoodVille” in Hong Kong and Macau, targeting a net increase of 10 retail stores annually under its dual-brand model, catering to the diverse needs of different customer segments for quality food products.

Mr. Hui Chi Kwan, Chief Executive Officer of the Group, said, “Faced with an increasingly complex operating environment, the Group will maintain a prudent and pragmatic approach in its operations and continue to work closely with its employees, customers and other stakeholders, striving to improve business performance and deliver stable returns to shareholders.”

Hashtag: #BestMart360 #優品360 #AnnualResults #業績 #全年業績

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/28/best-mart-360-announces-2025-annual-results/

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Uni-Bio Science Group Limited Announces 2025 Annual Results

Source: Media Outreach

Record-Breaking Revenue of HK$586.2M and EPS Surged to HK$1.56 Cents
Dividends Distributed for Two Consecutive Years
Embarks on Innovation-Driven Transformation to Become a Global Pioneer in Regenerative Medicine


HONG KONG SAR – EQS Newswire – 27 March 2026 – A fully integrated biopharmaceutical company – Uni-Bio Science Group Limited (“Uni-Bio Science”, together with its subsidiaries referred to as the “Group”, stock code: 0690.HK), is pleased to announce its annual results for the year ended 31 December 2025 (the “Year”).

Key Accomplishments in 2025
During the Year, the Group achieved a spectrum of accomplishments, for both of its marketed products and innovative biologics. The key highlights include:

  1. During the Year, the Group delivered record-breaking financial results, with revenue recorded a 6.0% year-on-year (“YoY”) increase, reaching approximately HK$586.2 million. Profit for the year soared by 12.7% YoY to approximately HK$93.3 million, and net profit margin increased by 1.0 percentage points YoY to 15.9%, marking a historic high. The earnings per share reached approximately HK$1.56 cents, reflecting a growth of 15.5% YoY or a CAGR of 18.55% from 2023 to 2025.
  2. The Group generated solid cash from operations in the Year, operating cash flow and free cash flow increased by 32.7% and 27.3% YoY, respectively. Cash ratio increased from 0.53 times at the end of 2024 to 1.63 times at the end of 2025. The cash conversion cycle improved from 124 days to 107 days, highlighting greater operating efficiency. Backed by sustainable earnings and a healthy cash flow, the board of directors (“Board”) has declared a dividend payment for 2025 of HK$0.313 cents per share.
  3. Since its official launch in March 2024, Bogutai® has sustained strong growth momentum, driven by a solid commercialization strategy and successful academic engagement. In 2025, Bogutai® demonstrated rapid market adoption in China, achieving a remarkable year-on-year revenue growth of 111.0%.
  4. In May 2025, the Group’s second ophthalmology product, 金因康® (Diquafosol Sodium Eye Drops), received marketing approval from the China National Medical Products Administration (“NMPA”), marking a significant milestone in expanding the Group’s ophthalmic portfolio following GeneSoft®. The Group is actively preparing its launch and marketing strategy. In addition to leveraging synergy with GeneSoft® and its established online and offline distribution network for rapid market penetration, 金因康® will specifically target the mid-to-high-end segment of dry eye patients outside the hospital setting, those who prioritize long-term efficacy and premium product quality.
  5. In June 2025, the Group officially launched the high-end series GeneQueens® of 肌顏態® and the medical device brand 金因敷®, marking two key milestones in its strategic expansion into the integrated”Drug, Medical Device, and Aesthetics”field. These product launches reflect the Group’s commitment to enhancing its skin health product matrix and addressing evolving consumer needs for efficacy-driven, medical-grade skincare in both functional skincare and post-aesthetic recovery.
  6. In July 2025, the marketing application of Isavuconazonium sulfate capsules were officially accepted by the NMPA. Isavuconazonium sulfate capsules are expected to be approved for launch as early as the fourth quarter of 2026, offering a safer, more effective, and high-quality treatment option for patients suffering from invasive fungal infections.
  7. In 2025, the Group established a strategic partnership with Wenzhou Medical University to explore a thermosensitive gel formulation combining EGF and bFGF, leveraging the university’s proven expertise in bFGF production. As a key growth factor in regenerative medicine, bFGF is highly effective in promoting granulation and angiogenesis.
  8. Towards the end of 2025, the Group repositioned its long-term strategy from “Stable Growth” to “Innovation-Driven,” signifying a bold transformation from an integrated pharmaceutical company into a global pioneer in regenerative medicine. The Group is advancing a transformative R&D strategy spanning four key areas: muscular-skeletal regeneration, skin regeneration, ocular regeneration, and ENT regeneration.

Annual Results
For 2025, the Group recorded a revenue of approximately HK$586.2 million, representing an increase of 6.0% YoY. Revenue from Bogutai® increased from approximately HK$ $63.5 million to approximately HK$ 134.0 million, representing a significant increase of 111.0%. Revenue generated from GeneTime® was approximately HK$220.4 million, representing an increase of 10.9% YoY. GeneSoft® recorded a 7.9% YoY decrease in revenue from approximately HK$41.9 million to approximately HK$38.6 million due to intense market competition. Pinup® recorded a decrease of 29.4% in revenue from approximately HK$244.2 million to approximately HK$172.5 million for the Year. In 2025, the Group adopted a more disciplined and selective hospital-supply strategy under volume-based procurement (VBP) to safeguard margins, particularly in regions where policy adjustments intensified price competition. At the same time, the Group accelerated diversification into pharmacy networks beyond traditional hospital channels and optimized its supply chain to improve cost and profitability. In 2024, Boshutai® was successfully included in the VBP by the Henan Seventeen Provinces Alliance and the procurement validity period is set for two years. Hospitals in many provinces began procuring Boshutai® in 2025. Following the destocking and a low base in 2024, revenue from Boshutai® increased from approximately HK$10.2 million to approximately HK$15.5 million, representing a significant increase of 51.9%. 肌顏態® generated approximately HK$2.8 million in revenue in its early stage. The limited revenue scale reflected several factors, including a relatively small number of products approved and launched during the Year, and the fact that specialized marketing and distribution teams were still being built and optimized.

Gross profit was approximately HK$487.6 million, representing an increase of 5.7% as compared with approximately HK$461.1 million in 2024, and gross profit margin increased by 0.2 percentage points YoY to 83.2%. The Group delivered another year of record-breaking profit, achieving approximately HK$93.3 million for the Year, representing an increase of 12.7% YoY. Net profit margin increased by 1.0 percentage points YoY to 15.9%. These results demonstrate the Group’s success in converting product innovation into market value through strong commercialization execution and financial discipline. The earnings per share reached approximately HK$1.56 cents, reflecting a growth of 15.5% YoY.

Prospects
Regenerative medicine has emerged as a rapidly developing field, focused on repairing, replacing, or regenerating damaged tissues or organs using cells, tissues, or genetic material. The sector has the potential to treat and address the underlying causes of chronic and advanced diseases. The global regenerative medicine market was approximately USD51.7 billion in 2025. It is projected to grow from USD63.0 billion in 2026 to USD555.6 billion by 2034, representing a compound annual growth rate (CAGR) of 31.3%. The increasing prevalence of chronic and hereditary diseases, together with rising healthcare expenditure in both developed and emerging markets, is expected to support continued growth in the regenerative medicine industry.

Mr. Kingsley Leung, Chairman of Uni-Bio Science, commented, “In 2025, we are proud to have delivered another year of record profitability, marking a significant milestone in our growth journey. During the year, we entered a new phase of strategic development. In anticipation of an increasingly favorable market environment, we advanced our strategic transition from ‘stable growth’ to ‘innovation-driven’ development, with a clear focus on four diversified therapeutic areas: musculoskeletal regeneration, skin regeneration, ocular regeneration, and ENT regeneration.

With multiple products progressing through our pipeline and accelerating toward commercialization, the Group has continued to broaden its marketing channels. In addition to strengthening our established offline hospital networks, deepening partnerships with local distributors, and hosting academic conferences, we have actively expanded into online e-commerce platforms to enhance product accessibility and extend our market reach. Our ambitions extend well beyond China. During the year, we formed a strategic partnership with Kexing Biopharm to accelerate the global expansion of Bogutai®. Through this collaboration, we have granted Kexing Biopharm exclusive commercialization rights for Bogutai® in six international markets—Saudi Arabia, Egypt, Morocco, Colombia, Argentina, and Mexico—laying a solid foundation for global growth. We expect these markets to begin contributing revenue as early as the end of 2026. At the same time, we are advancing the FDA approval process for Bogutai® in the United States, aiming for approval as early as 2027.

In December, we also entered into a strategic collaboration with Wenzhou Medical University and the People’s Government of Ouhai District, Wenzhou, to foster a synergistic ‘government–university–enterprise’ model, further strengthening our capabilities in regenerative medicine. Supported by strong partnerships with local governments and leading academic institutions, we are well positioned to build a world-class biomedical ecosystem and enhance our end-to-end innovation capabilities.”
Hashtag: #Uni-BioScience

The issuer is solely responsible for the content of this announcement.

About Uni-Bio Science Group Limited

Uni-Bio Science Group Limited is an innovative biopharmaceutical enterprise listed on the Main Board of The Stock Exchange of Hong Kong Limited in 2001 (Stock Code: 00690.HK). The Group is committed to powering the advancement of regenerative medicine with next-generation synthetic biology and complex peptide innovation. Focusing on four core research areas—muscular-skeletal regeneration, skin regeneration, ocular regeneration, and ENT regeneration—the Group has built a diversified product pipeline encompassing innovative biologics, high-value generic drugs, and medical aesthetics. The Group operates GMP-compliant production bases in Beijing, Dongguan, and Shenzhen, with fully integrated capabilities spanning R&D, manufacturing, and commercial sales. Uni-Bio Science Group is dedicated to be the global leader in regenerative medicine, redefining how science restores and extends human life.

For further information, please contact: ir@uni-bioscience.com

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/28/uni-bio-science-group-limited-announces-2025-annual-results/

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Weiqiao Pioneering Group Adds Sixth National “Green Factory”

Source: Media Outreach

BINZHOU, CHINA – Media OutReach Newswire – 27 March 2026 – On March 18, Hongzheng New Materials Technology Co., Ltd. (“Hongzheng New Materials”), based in Zouping, Shandong Province, was designated as a national-level “Green Factory” in the 2025 Green Factory List released by China’s Ministry of Industry and Information Technology. Recognized for its comprehensive green manufacturing system and remarkable achievements in low-carbon transition, Hongzheng New Materials becomes the sixth subsidiary under Weiqiao Pioneering Group to receive this prestigious accreditation.

Hongzheng New Materials Technology Co., Ltd. was designated as a national-level “Green Factory” in the 2025 Green Factory List released by China’s Ministry of Industry and Information Technology.

The national-level “Green Factory” program, led by the Ministry of Industry and Information Technology, is a cornerstone of China’s green manufacturing system. It aims to honor enterprises that lead in efficient land use, non-toxic raw materials, clean production, waste recycling, and low-carbon energy utilization.

Hongzheng New Materials stated that it will further advance the research and application of green and low-carbon technologies to promote the upgrade of aluminum-based materials toward lightweight and high-value-added products, thereby injecting new momentum into the industry’s transition toward greener and more intelligent development.

Hashtag: #BinzhouInformationOffice

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/28/weiqiao-pioneering-group-adds-sixth-national-green-factory/

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Second National Showcase of Outstanding Works from China’s Rare Operatic Genres Held

Source: Media Outreach

BINZHOU, CHINA – Media OutReach Newswire – 27 March 2026 – Recently, the second National Showcase of Outstanding Works from China’s Rare Operatic Genres , titled “Ancient Echoes, Treasured Legacies,” was held in Boxing County, Binzhou City, Shandong Province. The event was co-organized by the China Theatre Association, the Shandong Federation of Literary and Art Circles, and other cultural organizations.

The second National Showcase of Outstanding Works from China’s Rare Operatic Genres was held in Boxing County, Binzhou City

Rare operatic genres, often referred to as endangered theatrical forms, are typically characterized by strong regional identities, limited reach, scarce inheritors, and relatively small scale. Shaped over centuries, they embody distinctive musical styles and performance forms of high artistic value and deep cultural resonance. As an integral part of intangible cultural heritage, they preserve local dialects, customs, and cultural ideals..Their protection, transmission, and revitalization are essential to strengthening the foundations of Chinese opera and advancing the creative transformation and innovative development of traditional Chinese culture.

This year’s showcase drew participation from over 100 troupes nationwide, with 36 outstanding works selected. Covering genres such as Yong Opera, Qian Opera, Qi Opera, Dunqiang, and Yong Opera, the showcase highlighted recent progress in safeguarding and revitalizing China’s rare operatic traditions.

Hashtag: #BinzhouInformationOffice

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

LiveNews: https://livenews.co.nz/2026/03/27/second-national-showcase-of-outstanding-works-from-chinas-rare-operatic-genres-held/

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Singapore-Led Alliance Launches Professional Services Centre in Nanjing to Support Chinese Enterprises’ Expansion across Southeast Asia

Source: Media Outreach

SINGAPORE – Media OutReach Newswire – 27 March 2026 – The Institute of Singapore Chartered Accountants (ISCA), together with its Professional Services (PS) Centre Alliance partners, comprising Association of Small & Medium Enterprises, Institute of Valuers & Appraisers, Singapore Business Federation (SBF), Singapore Chinese Chamber of Commerce & Industry (SCCCI), Singapore Manufacturing Federation, Tax Academy of Singapore and the Law Society of Singapore, has launched the PS Centre in Nanjing. This marks the Alliance’s second PS Centre in China and its third globally, strengthening a growing network to support enterprises expanding across China, Singapore and Southeast Asia.

Amid rising demand from businesses seeking overseas growth, the PS Centre was established as a trusted platform to connect enterprises with trusted professional services expertise and in-market networks, enabling smoother and more effective cross-border expansion. Nanjing is strategically positioned, with strong linkages to universities that support talent pipelines, as well as ecosystem builders such as the Singapore-Nanjing Eco Hi-tech Island that help businesses establish and maintain operational presence in the market.

Since its inception, the PS Centres in China and Vietnam have provided on-the-ground support and facilitated opportunities for over 100 businesses. Prior to the launch in Nanjing, the PS Centre has already supported several Small and Medium-sized Enterprises (SMEs) in establishing operations and building local teams. One such example is BIPO, a HR solutions provider, which successfully set up its presence in Nanjing with support from the PS Centre ecosystem.

Mr Michael Chen, CEO of BIPO (Asia) shared: “The launch of the Professional Services Centre marks an important step in enabling more efficient and scalable global expansion for enterprises. As companies expand across markets, what they increasingly need is not just individual services, but an integrated ecosystem of professional capabilities. At BIPO, we are proud to partner with ISCA and the broader professional community to provide the HR technology and operational infrastructure that supports this ecosystem, helping businesses build sustainable, compliant, and tech-enabled global operations.”

The launch took place at the forum titled “Bridging Singapore and Nanjing, Charting Opportunities from ASEAN to China“, organised by the PS Alliance and co-hosted by China-Singapore Nanjing Eco-Tech Island Investment Development Co., Ltd. The forum brought together government representatives, professional bodies, financial institutions and business leaders from both Singapore and China.

Mr Xu Feng, Vice Mayor of Nanjing, highlighted the growing economic linkages between China and Southeast Asia: “Nanjing and Singapore share a long-standing friendship built upon a strong foundation of cooperation. We recognise that the international expansion of enterprises relies on the support of professional services. As a global hub for professional services, Singapore offers complementary strengths, and the prospects for collaboration between our two sides are vast. Nanjing will continue to foster a world-class international business environment, enhance its end-to-end support systems for enterprises expanding overseas, and promote mutually beneficial partnerships between enterprises and Singapore’s professional institutions.”

Mr Ernie Koh, Council Member, SBF / Vice-Chairman, Research & Publications Committee, SCCCI said: “Singapore and China share strong and enduring economic ties, and platforms like the Nanjing PS Centre play a critical role in deepening these linkages. By bringing together business networks and professional expertise, the Alliance can better support enterprises in navigating new markets, strengthening their capabilities, and unlocking opportunities across Southeast Asia. This collaboration reflects our shared commitment to enabling sustainable, cross-border growth.”

Mr Daniel Koh, Vice-President, The Law Society of Singapore, said: “As businesses expand across borders, navigating legal and regulatory complexities becomes increasingly critical. The establishment of the PS Centre provides a valuable platform for enterprises to access trusted legal expertise alongside other professional services. By strengthening cross-border collaboration, we can help businesses operate with greater confidence, manage risks effectively, and build resilient foundations for international growth.”

Mr Darren Ku, Council Member, ASME, said: “For many SMEs, internationalisation presents both significant opportunities and challenges. The Nanjing PS Centre offers a practical and structured gateway for businesses to access the professional support they need, from compliance to market entry strategies. By lowering barriers and providing coordinated expertise, the Alliance will empower more SMEs to expand into Southeast Asia with greater confidence and clarity.”

Beyond facilitating business expansion, the Nanjing PS Centre will also anchor talent development and cross-border capabilities. ISCA has established partnerships with key institutions including Nanjing University of Finance and Economics, Nanjing Audit University, and Jiangsu Certified Public Accountants, laying the foundation for a sustainable pipeline of internationally-ready accounting professionals.

ISCA President Mr Teo Ser Luck said: “The Professional Services Centre in Nanjing shows our commitment to helping Chinese and Singapore businesses grow with good governance, proper compliance, and sound financial management as they expand across the region. Through working together, we can help businesses grow with confidence and in a sustainable way. We plan to bring this model to other parts of the world, so we can continue sharing knowledge and networks with businesses operating across borders.”

With regions such as Shenzhen, Johor Bahru, and Bangkok earmarked for new PS Centres, the PS Alliance has highlighted their commitment to supporting businesses in their cross-border endeavours and operations. By providing a platform for them to explore new opportunities for growth and talent development, these PS Centres play a vital role in cross-border professional development.

The launch of Nanjing PS Centre will serve as a platform to integrate professional resources from Singapore and Jiangsu, supporting enterprises investing in Singapore and across ASEAN. This initiative, coupled with future expansion into other regions, further underscores ISCA’s continued role in strengthening cross-border collaboration and enabling resilient, future-ready business growth.

Hashtag: #ISCA #DifferenceMakers #Accounting #Accountancy #CharteredAccountants #ChooseAccountancy #Singapore #China #Nanjing #PSCentre #Alliance

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