Tottenham Hotspur has today announced a new multi-year partnership with AIMS, a leading global trading brokerage, to become the Club’s Official Online Trading Partner.The partnership will see AIMS engage with the Club’s global fanbase through a variety of digital and social media campaigns. The official launch took place at Tottenham Hotspur Stadium in London on 13th September, where representatives from both AIMS and Tottenham Hotspur were present to celebrate the new collaboration.Ryan Norys, Chief Revenue Officer at Tottenham Hotspur, said:“We are delighted to welcome AIMS as our Official Online Trading Partner. Their commitment to innovation and excellence aligns perfectly with our Club values. We look forward to working together to deliver exciting and engaging content that will resonate with our supporters globally.”Aaron Chang, CEO of AIMS Group, said:"We are incredibly excited to partner with Tottenham Hotspur, a club that embodies the same values of ambition, integrity, and excellence that we uphold at AIMS. This partnership is not just about brand alignment; it's about creating meaningful connections with football fans and trading communities around the world. We look forward to a successful collaboration that will drive mutual growth and success." Founded in 2015, AIMS is dedicated to providing innovative financial solutions to clients worldwide. With a strong focus on integrity and customer success, AIMS offers a comprehensive range of trading services tailored to meet the diverse needs of both individual and institutional investors. For more information, visit the official AIMS website or follow AIMS on Facebook, Instagram, and LinkedIn.For media enquiries, please contact:Benson LowGlobal Brand & Marketingmedia@aimsfx.com13/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

(Hong Kong, China, 10 September 2024) Chow Tai Fook Jewellery Group Limited (“Chow Tai Fook Jewellery Group”, the “Group” or the “Company”; SEHK stock code: 1929), the leading Chinese jeweller built on nearly a century of trust and innovation, is excited to announce the grand opening of its new concept store in Hong Kong. This revitalised retail presence and elevated customer experience marks a significant milestone for the Group as it continues to deliver on the multi-year brand transformation announced in April 2024. Celebrating Legacy, Delivering a Contemporary Retail ExperienceThe new concept store meticulously showcases Chinese culture and exquisite craftsmanship, paying homage to the values which are deeply rooted in Chow Tai Fook’s brand. At the dawn of the brand’s 95th anniversary, the new concept store is a celebration of Chinese history and design, while infusing modernity across the collections and overall customer experience.Located at 42-46 Queen’s Road, Central, Hong Kong, the reimagined store delivers an evolved, end to end customer experience. Embracing a gallery-like aesthetic, the concept store showcases the jewellery collections as treasures, while allowing customers to fully immerse themselves in the contemporary allure of Chinese heritage and design."The new store opening in Hong Kong marks a pivotal milestone in the evolution and contemporising of the Chow Tai Fook Jewellery brand. We take immense pride in unveiling a space that epitomises modern elegance while embracing our rich heritage, a story that began in Guangzhou in 1929," said Ms. Sonia Cheng, Vice-chairman of Chow Tai Fook Jewellery Group. "Through this new concept store, the launch of our five-storey Shanghai flagship store in 2025 and the reimagined retail spaces to follow, we are delivering on a commitment to bring Chinese culture and craftsmanship to the global customers. The new concept store masterfully translates our legacy into contemporary jewellery, inviting customers to immerse themselves in the intricate allure of our creations." Transformative Retail ExperienceThe new concept store, occupying 2,880 square feet of prime retail space on Queen’s Road, Central — one of Hong Kong's most iconic and historically significant streets— is designed to provide an immersive retail journey. The store's interior, crafted in collaboration with renowned designer Ms. Sue Loughry, has a collection-based layout and prominently features the iconic ‘Chow Tai Fook Timeless Red’ as its signature colour. The colour palette reflects the brand’s Chinese heritage and cultural significance of red in Chinese tradition. Sue brings over 30 years of experience in luxury retail design in Asia. Her career, deeply rooted in the world of luxury and retail architecture, is marked by a commitment to precision and creativity. Her deep expertise and unique vision have significantly shaped the luxury retail industry. "Designing the store involved a complete brand reimagining, to invoke emotions of comfort and discovery in the customer,” Sue said. “We removed physical barriers to create an alluring atmosphere, with dedicated associates offering a bespoke experience for customers.” Distinctive wall features and graceful curves create a spacious and stylish atmosphere, while soft lighting and elegant wooden accents elevate the presentation of Chow Tai Fook’s jewellery, inviting patrons to perceive the pieces as true works of art in a welcoming environment.Celebrate With UsThe Group cordially invites everyone to celebrate this milestone for Chow Tai Fook Jewellery. Discover and experience the future of jewellery at the concept store in Central.To enhance the celebratory experience, the Group is excited to launch an in-store exhibition from 10 to 24 September, showcasing selected artifacts that are steeped in history and reaffirming the Group’s commitment to showcasing Chinese artistry and cultural heritage to the world. Details:Location: 42-46 Queen’s Road Central, Central, Hong Kong Opening Hours: 10:15 – 19:00Photos / Captions The new concept store prominently features the iconic ‘Chow Tai Fook Timeless Red’ as its signature colour. Distinctive wall features and graceful curves create a spacious and stylish atmosphere, while soft lighting and elegant wooden accents elevate the presentation of Chow Tai Fook’s jewellery, inviting patrons to perceive the pieces as true works of art. Chow Tai Fook Jewellery Group Limited Founded in 1929, the Group’s iconic brand “CHOW TAI FOOK” has become an emblem of tradition, celebrated for its bold designs and an unwavering attention to detail. Building upon a rich heritage and a foundation of trust, the Group is not only widely recognised for honouring traditions but also for fostering deep, meaningful connections with a diverse customer base through its products. The Group’s long-standing commitment to innovation and craftsmanship has been integral to its success over time and has become synonymous with excellence, value and authenticity. As a leading Chinese jeweller, the Group believes in blending contemporary cutting-edge designs with traditional techniques to create jewellery that can be passed down from generation to generation. Every collection is thoughtfully conceived and crafted to reflect the stories of our customers, celebrating the special moments in their lives. Committed to growing alongside our customers, the Group embraces a spirit that aspires to inspire and captivate generations to come, weaving the story of CHOW TAI FOOK into the fabric of their lives.Offering a wide variety of products, services and channels, the Group’s brand portfolio comprises the CHOW TAI FOOK flagship brand with curated retail experiences, and other individual brands including HEARTS ON FIRE, ENZO, SOINLOVE and MONOLOGUE.The Group is committed to delivering sustainable long-term value creation for its stakeholders by enhancing the quality of earnings and driving higher value growth. With an extensive retail network of nearly 8,000 stores across China as well as multiple locations globally, and a growing e-commerce business, the Group is implementing targeted online-to-offline (“O2O”) strategies to strengthen its competitiveness in today’s omni-channel retail environment.Media Enquiries:Chow Tai Fook Jewellery Group LimitedHaide NgAssociate Director, Investor Relations and Corporate CommunicationsTel: (852) 3115 4402Email: haideng@chowtaifook.comAcky ChanSenior Manager, Investor Relations and Corporate CommunicationsTel: (852) 3115 4403Email: ackychan@chowtaifook.com10/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Jinxin Fertility Group Limited has always been highly regarded by market investors as a stock featured scarcity on the Hong Kong Stock Exchange.In recent years, however, Jinxin Fertility's performance has been under pressure in the capital market, but from a fundamental perspective, the Group's overall performance is still commendable. In addition, the assisted reproductive industry is facing policy benefits, especially from provinces that have already included assisted reproductive in medical insurance, greatly increasing the business volume of assisted reproductive services (ARS).So, what are the expected differences in the market behind the lack of resonance between fundamentals and valuation? How should we view the current opportunities in the context of the certainty of favorable industry policies?1. Profitability continues to rise with sustained operating resultsLooking at the mid-term financial report recently submitted by Jinxin Fertility, it can be said that the business situation presented in this semi-annual report is still stable.According to financial report data, Jinxin Fertility achieved a revenue of RMB 1.44 billion in the first half of the year, a year-on-year increase of 8.2%; Adjusted EBITDA of 418 million yuan, a year-on-year increase of 6.1%; Net profit after adjustment of 260 million yuan, a year-on-year increase of 1.8%.While the core performance indicators remained stable, the Group's operating cash flow performance was also quite good, which directly demonstrated its impressive endogenous ability to generate revenue. In the first half of the year, its net cash income from operating activities reached 384 million yuan, a year-on-year increase of 14.0%.In the face of a complex external market environment, the Group continued to maintain a solid financial foundation and optimize its debt structure. Its interest bearing debt ratio decreased to 13.7% for the half year, a year-on-year decrease of 0.6 percentage points.In terms of domestic and international business, the Group created different development strategies based on the geographical characteristics and development stages of its medical institutions to promote the upward development of domestic and international business.From a domestic business aspectFor mature institutions, Jinxin Fertility took its Chengdu operations as a paradigm to build a one-stop integrated business with ARS as core services, to support the entire fertility and health management, to better serve patients. The Group strengthened core departments such as reproductive medicine and obstetrics, while further diversified discipline construction to expand business network for better brand awareness with wider customer bases, thereby reserving patients with longer conversion cycles for core businesses.For incubation institutions, the Group continued to focus on its core ARS business, took stringent measures to improve its quality and safety system, and shifted its operating model to operation-driven from marketing-driven.From an overseas perspectiveAs regards US business, the Group continued to anchor the development trend of the assisted reproductive industry in the United States, and constantly strengthened its 36-year brand history and implemented the “physician as partner” mechanism to grant outstanding physicians with equity ownership as partners. The team expansion of medical professionals has also laid a solid foundation for the HRC expansion.4 new doctors joined the HRC in 2023, and 5 new doctors are expected to join in 2024. The number of reproductive doctors owned by HRC is expected to reach 24 by the end of the year. In the first half of 2024, HRC obtained a year-on-year increase of about 22% in total cycle volume. The integration of new and old doctors not only promoted the increase of HRC business volume, but also provided a reserve of medical talents for HRC's expansion. As of now, HRC Medical holds 4 core clinics and 7 satellite centers in the Los Angeles and San Diego areas of the United States. At the same time, in response to the development trend of egg freezing in the United States, the Group has launched sets of egg freezing medical services to further increase the influence of HRC in the assisted reproductive market in the United States.Furthermore, outside of the United States, Jinxin Fertility also promoted the development of its overseas business in light of actual conditions based on region-specific approach. Among them, Jinrui Medical Center in Laos has created a "small yet beautiful" self-built operating model with high-efficiency, which has achieved profitability in less than a year of operation, providing a feasible reference model for the Group's expansion in other emerging markets in Southeast Asia.Also worth mentioning is that in April of this year, the Group signed a contract with Morula, the largest ARS group in Indonesia, becoming its largest strategic investor. Morula has a wide service network in Indonesia, with 10 IVF clinics. Through this cooperation, the Group was able to inject its advantageous resources in medical technology, doctor training, information technology, and customer relationship management into Morula, further improving its service quality and operational efficiency. The first step taken by the Group through strategic investment in Southeast Asia not only helps to deepen its development in the Indonesian market, but also provides valuable experience and models for future strategic expansion in other Southeast Asian countries.Through innovative operating models, strategic investments, and collaborations, the Group has been gradually building a global ARS network to meet the needs of patients in different regions and promote the sustained growth and international development of the company's business.2. Driven by Policy & Industry Innovation, Features Certainty & Growth PotentialOn the whole, Jinxin Fertility has manifested its high-quality development path to the outside world both in terms of performance and business strategy. In the meantime, the Group is also facing a series of favorable catalysts, which continue to bring new opportunities for development with certainty and high growth.Firstly, policies are continuously forming a positive driving force for the development of the assisted reproductive industry.In respect of the domestic market, favorable policies for the industry are being implemented one after another. These certain policies for medical insurance have brought optimistic expectations for the future business development of the Group.It is worth noting that currently, under the promotion of the National Healthcare Security Administration of China, 19 provinces including Beijing, Guangxi, Inner Mongolia, Gansu, and Xinjiang Production and Construction Corps have included assisted reproductive technology in the scope of medical insurance reimbursement. The subsidiary institutions of the Group located in Sichuan, Guangdong, Hubei, and Yunnan have all issued consultation letters related to the inclusion of assisted reproduction in medical insurance reimbursement or pricing, and are expected to be implemented in the near future.With the implementation of medical insurance policy, the demand for assisted reproduction market is expected to be released, driving a significant increase in the number of infertility patients seeking medical treatment and providing momentum for the sustained growth of the assisted reproduction industry.According to the "Assisted Reproduction Research Report in China 2023" released by YuWa Population Research, 55.7% of infertile patients gave up using assisted reproductive treatment due to its high cost. When the subsidy ratio reached 20%, the willingness of potential patients to receive treatment will increase from 71% to over 80%.Moreover, the policy has greatly stimulated the number of assisted reproductive visits based on the regions that have already been included in healthcare insurance. Previously, a person in charge of the medical security bureau of Guangxi Zhuang autonomous region responded to an interview with China Youth Daily and mentioned that from the implementation of the policy in November 2023, the outpatient volume of assisted reproductive institutions in the entire autonomous region reached 607700 times, a year-on-year increase of 35.6%.And when it comes to the US market, the innovation in the assisted reproductive industry is on the rise, and the continuous innovation in the industry has brought greater imaginative room for the future development of HRC.Sustained driving force has been brought to the development of the industry nowadays no matter what new innovations in products, operating models, or payment methods.Progyny, who sits at the forefront of American infertility insurance, has driven innovation in payment methods. The company is able to provide reproductive welfare solutions such as IVF for employees of corporate employers, by combining technology, insurance, and medical practice to provide personalized treatments and financial support, which has also established a strong market position in the ARS field.Further, KindBody, a bellwether in product and operating innovation, provided reproductive health solutions such as IVF and egg freezing through online, offline, and collaborative models. This not only improves service accessibility but also reduces costs through technological means, making advanced reproductive services affordable for more families.In view of the aforesaid, the active promotion of policies and continuous innovation in the industry have brought tremendous development opportunities for ARS providers such as Jinxin Fertility. The market opportunities in the assisted reproductive industry will still be full of prospects with the release of market demand and the continuous innovation and progress of products, technologies, and service models.3. ConclusionThe pharma sector receives ongoing optimistic views in performance from institutions on the Hong Kong Stock Exchange as the Federal Reserve enters a interest rate cut cycle nowadays.The recent research report by CITIC Securities pointed out that it is recommended to focus on the healthcare industry that benefits from the reduction in borrowing costs based on the industry performance during the rate cut cycle. In fact, companies with stable cash flow are more likely to stand out in past interest rate cut cycles, due to their defensive nature and the potential for sustained expansion brought by their solid cash flow.As a leading ARS provider, Jinxin Fertility has demonstrated in its past financial performance the company's stable cash flow and good business growth capabilities. Through steady expansion both at home and abroad, as well as continuous promotion of innovative businesses, the Group has established a strong brand influence and market competitiveness in the field of ARS.Meanwhile, the Group has shown a positive side in both management's increase in holdings and repurchases, continuously releasing market confidence.Significantly, the Group spent HKD 9.57 million to repurchase 4 million shares in the market on August 30th, and it had also spent HKD 21.84 million to repurchase 9 million shares at the end of July.Through consecutive repurchase actions, it is not difficult to see the Group's confidence in its own value and optimistic expectations for future development prospects.06/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Hong Kong, September 5, 2024 — Hong Kong E-Commerce Logistics Association (HKELA) is proud to announce its strategic partnership with the upcoming OPENeX 2024 and the World Mail & Express Asia Conference (WMX Asia). This collaboration aims to enhance cross-border international trade within the e-commerce and logistics sectors.With the theme "Where Tech Meets Cross Border eCommerce Logistics," OPENeX 2024 will take place from September 16 to 18, 2024, in Hong Kong. The conference will feature a dynamic agenda filled with keynote speeches, panel discussions, and networking opportunities, attracting industry leaders from around the globe.Additionally, the WMX Asia Conference, scheduled for September 18 to 20, 2024, at the Cordis Hotel, Hong Kong, will bring together senior post and parcel professionals for insightful discussions on the latest trends and innovations in the logistics industry.HKELA President, Suki Cheung, will represent Asia as a key speaker at both conferences, sharing insights on the evolving landscape of e-commerce logistics and the critical role of collaboration in driving growth. "This partnership is a significant step towards strengthening Hong Kong's position as a global hub for e-commerce and logistics," said Cheung. "By joining forces with OPENeX and WMX Asia, we aim to foster dialogue and innovation that will benefit stakeholders across the region."The collaboration will provide HKELA members with exclusive access to international insights, networking opportunities, and innovative solutions that can streamline operations and enhance service delivery in the competitive landscape of cross-border trade.For more information about the conferences and to register, please visit OPENeX 2024 https://nex-network.com/openex/hkg/ and WMX Asia at https://www.wmxasia.com.For media inquiries or further information, please contact:Shirley ChuVice President - Partnershipsshirleychu@hkela.org###About Hong Kong E-Commerce Logistics Association (HKELA)Hong Kong E-Commerce Logistics Association (HKELA) is the first logistics association established for professionals in the online sales and e-commerce logistics industry in Hong Kong. Its members consist of professionals from various industries, including cross-border logistics, e-commerce logistics, supply chain management, logistics consulting, transportation, and warehousing. The association is dedicated to promoting and enhancing the development of the e-commerce logistics industry by connecting logistics experts, practitioners, and students.The association advocates for business growth and development among its members through collaboration. It provides a platform for members to connect and interact, with members from different specialties sharing knowledge and industry insights and exchanging market analysis and trends to maximize cooperation opportunities among members. The main goal is to unite stakeholders in the industry, actively connect with different local and overseas units and organizations, promote exchanges, and expand strategic cooperation. Through technological innovation, it aims to develop and create opportunities together, strengthen Hong Kong's position as a hub for e-commerce logistics in the Asia-Pacific region, and enhance the prospects of the Hong Kong e-commerce logistics industry.https://www.hkela.org/###05/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Hong Kong, September 5, 2024 — Hong Kong E-Commerce Logistics Association (HKELA) is proud to announce its strategic partnership with the upcoming OPENeX 2024 and the World Mail & Express Asia Conference (WMX Asia). This collaboration aims to enhance cross-border international trade within the e-commerce and logistics sectors.With the theme "Where Tech Meets Cross Border eCommerce Logistics," OPENeX 2024 will take place from September 16 to 18, 2024, in Hong Kong. The conference will feature a dynamic agenda filled with keynote speeches, panel discussions, and networking opportunities, attracting industry leaders from around the globe.Additionally, the WMX Asia Conference, scheduled for September 18 to 20, 2024, at the Cordis Hotel, Hong Kong, will bring together senior post and parcel professionals for insightful discussions on the latest trends and innovations in the logistics industry.HKELA President, Suki Cheung, will represent Asia as a key speaker at both conferences, sharing insights on the evolving landscape of e-commerce logistics and the critical role of collaboration in driving growth. "This partnership is a significant step towards strengthening Hong Kong's position as a global hub for e-commerce and logistics," said Cheung. "By joining forces with OPENeX and WMX Asia, we aim to foster dialogue and innovation that will benefit stakeholders across the region."The collaboration will provide HKELA members with exclusive access to international insights, networking opportunities, and innovative solutions that can streamline operations and enhance service delivery in the competitive landscape of cross-border trade.For more information about the conferences and to register, please visit OPENeX 2024 https://nex-network.com/openex/hkg/ and WMX Asia at https://www.wmxasia.com.For media inquiries or further information, please contact:Shirley ChuVice President - Partnershipsshirleychu@hkela.org###About Hong Kong E-Commerce Logistics Association (HKELA)Hong Kong E-Commerce Logistics Association (HKELA) is the first logistics association established for professionals in the online sales and e-commerce logistics industry in Hong Kong. Its members consist of professionals from various industries, including cross-border logistics, e-commerce logistics, supply chain management, logistics consulting, transportation, and warehousing. The association is dedicated to promoting and enhancing the development of the e-commerce logistics industry by connecting logistics experts, practitioners, and students.The association advocates for business growth and development among its members through collaboration. It provides a platform for members to connect and interact, with members from different specialties sharing knowledge and industry insights and exchanging market analysis and trends to maximize cooperation opportunities among members. The main goal is to unite stakeholders in the industry, actively connect with different local and overseas units and organizations, promote exchanges, and expand strategic cooperation. Through technological innovation, it aims to develop and create opportunities together, strengthen Hong Kong's position as a hub for e-commerce logistics in the Asia-Pacific region, and enhance the prospects of the Hong Kong e-commerce logistics industry.https://www.hkela.org/###05/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Ficus Technology Holdings Limited(Incorporated in the Cayman Islands with limited liability)(Stock Code: 8107)Strategic Cooperation Agreement with Subsidiary of Shanghai Hero (Group) to Expand Market Presence and Product Line of E-commerce Platform Generating Leads for its Innovative SCM Solutions(Hong Kong – 4 September 2024) Innovative supply chain management service provider –Ficus Technology Holdings Limited (“Ficus Technology” or the “Company”, together with its subsidiaries, the “Group”) is pleased to announce that on 4 September 2024, it has reached a strategic cooperation agreement with Shanghai Hero (Group) Cultural Products Sales Co., Ltd. (“Shanghai Hero”), a subsidiary of a well-known state-owned enterprise, Shanghai Hero (Group) Co., Ltd. (上海英雄（集團）有限公司, the ‘‘Shanghai Hero (Group)’’) in China, for a period of three years. Pursuant to the agreement, the Group will provide innovative supply chain management solutions (“Innovative SCM Solutions”) to Shanghai Hero. The Group intends to create mutual benefits, bolstering revenue for both parties by diversifying the product mix of the e-commerce, Ficus Discovery (www.ficusdsc.com) (“Ficus Discovery Platform”), by introducing premium products from Shanghai Hero. Moreover, Shanghai Hero allows the Group to utilize its distuibution channels in increasing the Group’s brand recognization, achieving a win-win situation. About Shanghai Hero Established in 2011, Shanghai Hero is a state-owned enterprise in China with expertise in stationery, computers, as well as hardware components. Shanghai Hero operates as a subsidiary of Shanghai Hero (Group) which is a distinguished manufacturer renowed for its fountain pen, with its ‘‘Hero’’ brand well recognized in China.About Ficus Discovery Platform Ficus Discovery Platform is an e-commerce platform operated by the Group together with its strategic partner, utilizing a disintermediation model to establish connections between manufacturers and consumers (“M2LC”), thereby facilitating transactions and cultivating a long-term loyal customer base. Leveraging the Group’s extensive supply chain resources, innovative supply chain management solutions, digital marketing capabilities, authentication and traceability technologies, the Ficus Discovery Platform is well-positioned to be a trustworthy gateway for brands and manufacturers to access target customers. Mr. Chan Ting, Chairman and Executive Director of Ficus Technology Holdings Limited commented: “After our recent collaboration with Beijing Ruida, a subsidiary of China Supply and Trade Group Co., Ltd. (中國供銷商貿流通集團有限公司), we are delighted to reach another strategic agreement with Shanghai Hero, an established state-owned enterprise. Their adoption of our Innovative SCM Solutions clearly highlights our capability as well as market potentials. The addition of their products to e-commerce platform operated by us, Ficus Discovery, is also expected to further diversify our product offerings and strengthen our fulfillment capability. We are also looking for additional opportunities and collaborations to further expand our reach and market penetration. We will continue to work hard, and remain optimistic in delivering improving financial results and returns for our shareholders.”- END -About Ficus Technology Holdings Limited（8107.HK）Ficus Technology Holdings Limited (formerly known as Vision International Holdings Limited) is an innovative supply chain management service provider, mainly focusing on the sales of apparel products along with the provision of relevant supply chain management services. The Group’s advanced supply chain management services include anti-counterfeit, traceability, and marketing functions, capable of protecting brand equity for both apparel andotherproducts. File: 8107_SHHero Collaboration Press Release_EN_20240904_FINAL04/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Ficus Technology Holdings Limited(Incorporated in the Cayman Islands with limited liability)(Stock Code: 8107)Strategic Cooperation Agreement with Subsidiary of Shanghai Hero (Group) to Expand Market Presence and Product Line of E-commerce Platform Generating Leads for its Innovative SCM Solutions(Hong Kong – 4 September 2024) Innovative supply chain management service provider –Ficus Technology Holdings Limited (“Ficus Technology” or the “Company”, together with its subsidiaries, the “Group”) is pleased to announce that on 4 September 2024, it has reached a strategic cooperation agreement with Shanghai Hero (Group) Cultural Products Sales Co., Ltd. (“Shanghai Hero”), a subsidiary of a well-known state-owned enterprise, Shanghai Hero (Group) Co., Ltd. (上海英雄（集團）有限公司, the ‘‘Shanghai Hero (Group)’’) in China, for a period of three years. Pursuant to the agreement, the Group will provide innovative supply chain management solutions (“Innovative SCM Solutions”) to Shanghai Hero. The Group intends to create mutual benefits, bolstering revenue for both parties by diversifying the product mix of the e-commerce, Ficus Discovery (www.ficusdsc.com) (“Ficus Discovery Platform”), by introducing premium products from Shanghai Hero. Moreover, Shanghai Hero allows the Group to utilize its distuibution channels in increasing the Group’s brand recognization, achieving a win-win situation. About Shanghai Hero Established in 2011, Shanghai Hero is a state-owned enterprise in China with expertise in stationery, computers, as well as hardware components. Shanghai Hero operates as a subsidiary of Shanghai Hero (Group) which is a distinguished manufacturer renowed for its fountain pen, with its ‘‘Hero’’ brand well recognized in China.About Ficus Discovery Platform Ficus Discovery Platform is an e-commerce platform operated by the Group together with its strategic partner, utilizing a disintermediation model to establish connections between manufacturers and consumers (“M2LC”), thereby facilitating transactions and cultivating a long-term loyal customer base. Leveraging the Group’s extensive supply chain resources, innovative supply chain management solutions, digital marketing capabilities, authentication and traceability technologies, the Ficus Discovery Platform is well-positioned to be a trustworthy gateway for brands and manufacturers to access target customers. Mr. Chan Ting, Chairman and Executive Director of Ficus Technology Holdings Limited commented: “After our recent collaboration with Beijing Ruida, a subsidiary of China Supply and Trade Group Co., Ltd. (中國供銷商貿流通集團有限公司), we are delighted to reach another strategic agreement with Shanghai Hero, an established state-owned enterprise. Their adoption of our Innovative SCM Solutions clearly highlights our capability as well as market potentials. The addition of their products to e-commerce platform operated by us, Ficus Discovery, is also expected to further diversify our product offerings and strengthen our fulfillment capability. We are also looking for additional opportunities and collaborations to further expand our reach and market penetration. We will continue to work hard, and remain optimistic in delivering improving financial results and returns for our shareholders.”- END -About Ficus Technology Holdings Limited（8107.HK）Ficus Technology Holdings Limited (formerly known as Vision International Holdings Limited) is an innovative supply chain management service provider, mainly focusing on the sales of apparel products along with the provision of relevant supply chain management services. The Group’s advanced supply chain management services include anti-counterfeit, traceability, and marketing functions, capable of protecting brand equity for both apparel andotherproducts. File: 8107_SHHero Collaboration Press Release_EN_20240904_FINAL04/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS Newswire / 02/09/2024 / 01:57 PST/PDTSpectral Capital Corporation (OTCQB:FCCN) is pleased to announce the successful acquisition of Node Nexus Co. LLC, a pioneering leader in decentralized edge and hybrid computing technologies, now enhanced with cutting-edge quantum computing capabilities.Photo: Sean Michael BrehmStrategic Significance of the AcquisitionThe acquisition of Node Nexus represents a strategic milestone for Spectral Capital, reinforcing its position at the forefront of the rapidly advancing quantum computing sector. Quantum technology is poised to address critical global challenges, including cybersecurity, climate change, and the evolution of enterprise AI applications. With the integration of Node Nexus, Spectral Capital is now equipped to offer a comprehensive suite of quantum computing solutions to enterprises and governments worldwide. Key offerings include:- Vogon Cloud: The rebranded Node Nexus Network, now known as Vogon Cloud, delivers decentralized edge and hybrid cloud solutions across 16 global regions. Vogon Cloud integrates distributed quantum ledger technology, providing enhanced data security and sustainability that surpass traditional cloud services. - QuantumVM: This groundbreaking platform seamlessly bridges legacy data management with advanced containerization technology, enabling decentralized data operations on state-of-the-art ledger and database systems.- Expanded IP Portfolio: Spectral now possesses an extensive intellectual property portfolio, featuring over 100 pending patents and applications, further establishing its leadership in the quantum computing industry.- Expert Team: The acquisition includes a team of 20 quantum computing specialists whose expertise will be instrumental in advancing Spectral’s initiatives.-Innovative Technologies: Node Nexus’s advanced IBA Technology ensures secure transactions, while its TVF Technology is poised to revolutionize the sustainability of data centers.- Government Partnerships: Spectral has secured over 10 Memoranda of Understanding (MOUs) with various governments for deploying TVF data centers dedicated to quantum computing.Financial and Operational OverviewAs part of the acquisition, Spectral Capital issued 40,000,000 shares of its common stock in exchange for 100% ownership of Node Nexus. This acquisition is expected to be accretive to earnings in the near term, driving significant cost synergies and operational efficiencies. Node Nexus will now operate under the Vogon Cloud brand, aligning with Spectral’s broader service offerings.CEO’s Vision"With the acquisition of Node Nexus, Spectral is not just expanding its quantum computing capabilities but establishing itself as a leader in the quantum revolution," stated Jenifer Osterwalder, CEO of Spectral Capital. "The early success of Vogon Cloud technologies highlights the transformative potential of our quantum solutions, and we are excited about the future."Investor InformationFor detailed financial information and risk factors associated with this acquisition, please refer to our most recent filings with the Securities and Exchange Commission at www.sec.gov. Investors are encouraged to consult with their financial advisors to fully understand the implications of this acquisition.About Spectral Capital CorporationFounded in 2000 and headquartered in Seattle, Washington, Spectral Capital Corporation (OTCQB:FCCN) is a technology startup accelerator and quantum incubator. Specializing in Quantum as a Service (QaaS), Spectral leverages its proprietary Distributed Quantum Ledger Database (DQ-LDB) to deliver secure, advanced storage and computing solutions.Forward-Looking StatementsThis press release contains forward-looking statements concerning future events and FCCN's business strategy. While FCCN believes the expectations reflected in these statements are reasonable, they are subject to risks and uncertainties, many of which are beyond the company’s control. Actual results may differ materially from these expectations. FCCN disclaims any obligation to publicly update any forward-looking statements, except as required by law.For more information, please visit www.spectralcapital.com.Photo: Anna Stukkert and Sean Michael BrehmSpectral Capital Corporation media relations arranged by Stukkert’s CompanyAnna Stukkert is an investment and technology expert. She is the esteemed President of the International Investment Congress and CEO of Stukkert&Co, and is known for her insightful discussions with prominent figures in global business and politics.PR ContactAnna Stukkert Phone: +49 162 232833302/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

EQS Newswire / 02/09/2024 / 01:57 PST/PDTSpectral Capital Corporation (OTCQB:FCCN) is pleased to announce the successful acquisition of Node Nexus Co. LLC, a pioneering leader in decentralized edge and hybrid computing technologies, now enhanced with cutting-edge quantum computing capabilities.Photo: Sean Michael BrehmStrategic Significance of the AcquisitionThe acquisition of Node Nexus represents a strategic milestone for Spectral Capital, reinforcing its position at the forefront of the rapidly advancing quantum computing sector. Quantum technology is poised to address critical global challenges, including cybersecurity, climate change, and the evolution of enterprise AI applications. With the integration of Node Nexus, Spectral Capital is now equipped to offer a comprehensive suite of quantum computing solutions to enterprises and governments worldwide. Key offerings include:- Vogon Cloud: The rebranded Node Nexus Network, now known as Vogon Cloud, delivers decentralized edge and hybrid cloud solutions across 16 global regions. Vogon Cloud integrates distributed quantum ledger technology, providing enhanced data security and sustainability that surpass traditional cloud services. - QuantumVM: This groundbreaking platform seamlessly bridges legacy data management with advanced containerization technology, enabling decentralized data operations on state-of-the-art ledger and database systems.- Expanded IP Portfolio: Spectral now possesses an extensive intellectual property portfolio, featuring over 100 pending patents and applications, further establishing its leadership in the quantum computing industry.- Expert Team: The acquisition includes a team of 20 quantum computing specialists whose expertise will be instrumental in advancing Spectral’s initiatives.-Innovative Technologies: Node Nexus’s advanced IBA Technology ensures secure transactions, while its TVF Technology is poised to revolutionize the sustainability of data centers.- Government Partnerships: Spectral has secured over 10 Memoranda of Understanding (MOUs) with various governments for deploying TVF data centers dedicated to quantum computing.Financial and Operational OverviewAs part of the acquisition, Spectral Capital issued 40,000,000 shares of its common stock in exchange for 100% ownership of Node Nexus. This acquisition is expected to be accretive to earnings in the near term, driving significant cost synergies and operational efficiencies. Node Nexus will now operate under the Vogon Cloud brand, aligning with Spectral’s broader service offerings.CEO’s Vision"With the acquisition of Node Nexus, Spectral is not just expanding its quantum computing capabilities but establishing itself as a leader in the quantum revolution," stated Jenifer Osterwalder, CEO of Spectral Capital. "The early success of Vogon Cloud technologies highlights the transformative potential of our quantum solutions, and we are excited about the future."Investor InformationFor detailed financial information and risk factors associated with this acquisition, please refer to our most recent filings with the Securities and Exchange Commission at www.sec.gov. Investors are encouraged to consult with their financial advisors to fully understand the implications of this acquisition.About Spectral Capital CorporationFounded in 2000 and headquartered in Seattle, Washington, Spectral Capital Corporation (OTCQB:FCCN) is a technology startup accelerator and quantum incubator. Specializing in Quantum as a Service (QaaS), Spectral leverages its proprietary Distributed Quantum Ledger Database (DQ-LDB) to deliver secure, advanced storage and computing solutions.Forward-Looking StatementsThis press release contains forward-looking statements concerning future events and FCCN's business strategy. While FCCN believes the expectations reflected in these statements are reasonable, they are subject to risks and uncertainties, many of which are beyond the company’s control. Actual results may differ materially from these expectations. FCCN disclaims any obligation to publicly update any forward-looking statements, except as required by law.For more information, please visit www.spectralcapital.com.Photo: Anna Stukkert and Sean Michael BrehmSpectral Capital Corporation media relations arranged by Stukkert’s CompanyAnna Stukkert is an investment and technology expert. She is the esteemed President of the International Investment Congress and CEO of Stukkert&Co, and is known for her insightful discussions with prominent figures in global business and politics.PR ContactAnna Stukkert Phone: +49 162 232833302/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

After a company is listed on the stock exchange, it is merely a newcomer in the capital markets. Future success depends not only on its own efforts but also on the collaboration of various professional teams leveraging their strengths to shine in the stock market. RaffAello Securities (HK) Limited, known as a designated placing agent for tycoons, has become the intermediary that enterprises most desire to partner with for financing and strategic partnerships. Recently, the name of RaffAello has grown beyond Hong Kong, reaching the affluent circles in mainland China, with Ziyuanyuan Holdings Group Limited (ZYY) (HKSE: 8223) expressed their confidence in RaffAello.Shenzhen Ziyuanyuan Investment Group Co., Ltd. is a comprehensive investment holding group headquartered in Shenzhen, China. The core business of the group is real estate development, with diversified interests in property investment, financial technology, and other sectors. ZYY, a listed company in Hong Kong, operates in the medical equipment and supplies sector, representing just the tip of the iceberg of the group's overall business.Earlier, ZYY announced a proposed rights issue of 5-for-1, aiming to issue up to 86 million rights shares, which would represent approximately 16.67% of the enlarged share capital. The total proceeds are expected to be around HKD 86 million, with a net amount of approximately HKD 79.5 million intended for financing lease services for medical equipment, trading of medical devices and consumables, and general working capital. RaffAello Securities (HK) Ltd. serves as the underwriter for the rights issue.RaffAello works to enhance the visibility of major corporate branches in the secondary market, often attracting the attention of star funds and family offices, facilitating strong partnerships that result in a win-win situation for all parties involved. Numerous examples abound. A recent case is China Wantian Holdings (HKSE: 1854), whose chairman, Hooy Kok Wai, is the vice chairman of Perfect Group in China. Wantian serves as its flagship publicly listed entity in Hong Kong. After RaffAello facilitated the rights issue for China Wantian last year, the stock price surged more than threefold, becoming a notable case despite the prevailing weakness in the Hong Kong stock market. The firm subsequently attracted investments from ChinaAMC, Franklin Templeton Fund, and Lee Ka Kit of Henderson Land, making headlines in the financial community.RaffAello’s ability not only earned the trust of its clients, but it also led to being awarded the Best Small Medium Cap Broker at The Hong Kong Fund Managers Awards 2023. Additionally, RaffAello Investment Management (HK) Ltd. received the accolade for the Best Hong Kong Investment Team. These recognitions reflect the market's appreciation for RaffAello.02/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

After a company is listed on the stock exchange, it is merely a newcomer in the capital markets. Future success depends not only on its own efforts but also on the collaboration of various professional teams leveraging their strengths to shine in the stock market. RaffAello Securities (HK) Limited, known as a designated placing agent for tycoons, has become the intermediary that enterprises most desire to partner with for financing and strategic partnerships. Recently, the name of RaffAello has grown beyond Hong Kong, reaching the affluent circles in mainland China, with Ziyuanyuan Holdings Group Limited (ZYY) (HKSE: 8223) expressed their confidence in RaffAello.Shenzhen Ziyuanyuan Investment Group Co., Ltd. is a comprehensive investment holding group headquartered in Shenzhen, China. The core business of the group is real estate development, with diversified interests in property investment, financial technology, and other sectors. ZYY, a listed company in Hong Kong, operates in the medical equipment and supplies sector, representing just the tip of the iceberg of the group's overall business.Earlier, ZYY announced a proposed rights issue of 5-for-1, aiming to issue up to 86 million rights shares, which would represent approximately 16.67% of the enlarged share capital. The total proceeds are expected to be around HKD 86 million, with a net amount of approximately HKD 79.5 million intended for financing lease services for medical equipment, trading of medical devices and consumables, and general working capital. RaffAello Securities (HK) Ltd. serves as the underwriter for the rights issue.RaffAello works to enhance the visibility of major corporate branches in the secondary market, often attracting the attention of star funds and family offices, facilitating strong partnerships that result in a win-win situation for all parties involved. Numerous examples abound. A recent case is China Wantian Holdings (HKSE: 1854), whose chairman, Hooy Kok Wai, is the vice chairman of Perfect Group in China. Wantian serves as its flagship publicly listed entity in Hong Kong. After RaffAello facilitated the rights issue for China Wantian last year, the stock price surged more than threefold, becoming a notable case despite the prevailing weakness in the Hong Kong stock market. The firm subsequently attracted investments from ChinaAMC, Franklin Templeton Fund, and Lee Ka Kit of Henderson Land, making headlines in the financial community.RaffAello’s ability not only earned the trust of its clients, but it also led to being awarded the Best Small Medium Cap Broker at The Hong Kong Fund Managers Awards 2023. Additionally, RaffAello Investment Management (HK) Ltd. received the accolade for the Best Hong Kong Investment Team. These recognitions reflect the market's appreciation for RaffAello.02/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Riyadh, Saudi Arabia - September 02, 2024 - (SeaPRwire) - JP Legal, a leading law firm operating across the Gulf Cooperation Council (GCC), has established itself as a premier legal partner for both regional and international clients. With a deep understanding of the legal and cultural nuances of the GCC, particularly Saudi Arabia, JP Legal is at the forefront of advising multinationals companies on complex transactions, and on expanding their market presence, and executing high-value transactions.Acting for Major Clients Across the RegionJP Legal advised recently BLOMINVEST Saudi Perfume Fund on the acquisition of an 18% minority stake in Dkhoon AlEmiratia, a leading Saudi perfume company. Valued at over SAR 250 million, this transaction not only highlights the firm's expertise in managing complex mergers and acquisitions (M&A) but also underscores the growing importance of investing in Saudi companies as part of the Vision 2030 initiative. The transaction was handled by JP Legal's multidisciplinary team, led by Riyadh based Corporate/M&A Partner, Anas El Jisr.JP Legal has earned the trust of some of the region's most prominent corporations and brands, providing legal counsel to giants such as Al Rajhi Investment, Othaim Group, Elie Saab, and Anghami. The firm's work with Al Rajhi Investment and Othaim Group showcases its ability to handle large-scale, high-stakes transactions and legal matters that are critical to the growth and success of these leading entities in the Saudi market.In addition to advising these major clients, JP Legal has been instrumental in guiding Anghami, the leading music streaming service in the Middle East, on its business operations in Saudi Arabia and it's on securing proper Saudi approvals in parallel with its NASDAQ listing and merger with US Vistas Inc.Furthermore, JP Legal has supported Apotex Inc., a leading pharmaceutical company, in setting up their regional headquarters in Saudi Arabia and the global luxury fashion brands Elie Saab, and Natuzzi's exclusive distributor Furniture Solutions in establishing and expanding its retail footprint in the heart of Riyadh, further solidifying its presence in the Saudi market.Global Expertise with a Diverse Legal TeamJP Legal has diverse and highly qualified legal team, which includes lawyers admitted to practice in multiple jurisdictions. The firm recruits top legal talent from around the world, including UK-qualified solicitors, and attorneys licensed in Saudi Arabia, the UAE, Lebanon, Pakistan, Canada, France, and beyond. This extensive legal expertise allows JP Legal to provide exceptional service and comprehensive legal solutions tailored to the specific needs of its clients, whether they are navigating local regulations or engaging in complex cross-border transactions.Embracing AI to Revolutionize Legal ServicesIn an industry traditionally dominated by manual processes, JP Legal has embraced artificial intelligence (AI) to enhance its market presence and service delivery in the GCC region. The firm has integrated AI across several key areas of its practice, including legal research, due diligence, and document management. By leveraging AI, JP Legal has significantly improved the efficiency and accuracy of its legal work, allowing its attorneys to access comprehensive legal information rapidly and conduct thorough due diligence in a fraction of the time it would take using traditional methods.Despite the significant role of AI in its operations, JP Legal emphasizes that technology is a tool to augment, not replace, human expertise. The firm's lawyers work in tandem with AI systems, using their judgment and experience to interpret and apply AI-generated insights. This symbiotic relationship between humans and AI allows JP Legal to offer a unique blend of technological efficiency and personalized service, ensuring that clients receive faster, more accurate legal work without sacrificing the nuanced understanding and strategic thinking that only human lawyers can provide.Leadership and Vision for the FutureUnder the visionary leadership of Managing Partner Anas El Jisr, JP Legal has grown exponentially, both in terms of its team and its market presence. The firm has recruited senior legal professionals from major regional and international firms, further strengthening its capabilities. This growth has positioned JP Legal as a formidable competitor to both regional and global law firms, particularly in cross-border transactions where JP Legal frequently represents major local Saudi conglomerates and multinational corporations.JP Legal's commitment to innovation and excellence is reflected in its ability to adapt to the rapidly evolving legal landscape. The firm continuously seeks to improve its methodologies and technologies, ensuring that it remains at the cutting edge of legal practice in the GCC region.JP Legal's success is built on a foundation of deep regional expertise, a client-centric approach, and a forward-thinking strategy that embraces the transformative potential of AI. By providing tailored legal solutions that meet the sophisticated needs of both emerging businesses and established corporations, JP Legal has cemented its reputation as a leading law firm in the GCC region. As the firm continues to grow and innovate, it remains dedicated to helping its clients navigate the complexities of the legal landscape, achieve their business objectives, and capitalize on the opportunities presented by Saudi Arabia's Vision 2030 initiative.About JP LegalJP Legal is a consultancy firm with a strong regional presence in the Kingdom of Saudi Arabia and the United Arab Emirates. Specializing in corporate and commercial laws and transactions, the firm serves a diverse clientele that includes small boutique firms and large multinational corporations. Contact informationCompany: JP Legal Contact: Hadi SabraEmail: hadi.s@j-plegal.comWebsite: https://www.j-plegal.com/02/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Riyadh, Saudi Arabia - September 02, 2024 - (SeaPRwire) - JP Legal, a leading law firm operating across the Gulf Cooperation Council (GCC), has established itself as a premier legal partner for both regional and international clients. With a deep understanding of the legal and cultural nuances of the GCC, particularly Saudi Arabia, JP Legal is at the forefront of advising multinationals companies on complex transactions, and on expanding their market presence, and executing high-value transactions.Acting for Major Clients Across the RegionJP Legal advised recently BLOMINVEST Saudi Perfume Fund on the acquisition of an 18% minority stake in Dkhoon AlEmiratia, a leading Saudi perfume company. Valued at over SAR 250 million, this transaction not only highlights the firm's expertise in managing complex mergers and acquisitions (M&A) but also underscores the growing importance of investing in Saudi companies as part of the Vision 2030 initiative. The transaction was handled by JP Legal's multidisciplinary team, led by Riyadh based Corporate/M&A Partner, Anas El Jisr.JP Legal has earned the trust of some of the region's most prominent corporations and brands, providing legal counsel to giants such as Al Rajhi Investment, Othaim Group, Elie Saab, and Anghami. The firm's work with Al Rajhi Investment and Othaim Group showcases its ability to handle large-scale, high-stakes transactions and legal matters that are critical to the growth and success of these leading entities in the Saudi market.In addition to advising these major clients, JP Legal has been instrumental in guiding Anghami, the leading music streaming service in the Middle East, on its business operations in Saudi Arabia and it's on securing proper Saudi approvals in parallel with its NASDAQ listing and merger with US Vistas Inc.Furthermore, JP Legal has supported Apotex Inc., a leading pharmaceutical company, in setting up their regional headquarters in Saudi Arabia and the global luxury fashion brands Elie Saab, and Natuzzi's exclusive distributor Furniture Solutions in establishing and expanding its retail footprint in the heart of Riyadh, further solidifying its presence in the Saudi market.Global Expertise with a Diverse Legal TeamJP Legal has diverse and highly qualified legal team, which includes lawyers admitted to practice in multiple jurisdictions. The firm recruits top legal talent from around the world, including UK-qualified solicitors, and attorneys licensed in Saudi Arabia, the UAE, Lebanon, Pakistan, Canada, France, and beyond. This extensive legal expertise allows JP Legal to provide exceptional service and comprehensive legal solutions tailored to the specific needs of its clients, whether they are navigating local regulations or engaging in complex cross-border transactions.Embracing AI to Revolutionize Legal ServicesIn an industry traditionally dominated by manual processes, JP Legal has embraced artificial intelligence (AI) to enhance its market presence and service delivery in the GCC region. The firm has integrated AI across several key areas of its practice, including legal research, due diligence, and document management. By leveraging AI, JP Legal has significantly improved the efficiency and accuracy of its legal work, allowing its attorneys to access comprehensive legal information rapidly and conduct thorough due diligence in a fraction of the time it would take using traditional methods.Despite the significant role of AI in its operations, JP Legal emphasizes that technology is a tool to augment, not replace, human expertise. The firm's lawyers work in tandem with AI systems, using their judgment and experience to interpret and apply AI-generated insights. This symbiotic relationship between humans and AI allows JP Legal to offer a unique blend of technological efficiency and personalized service, ensuring that clients receive faster, more accurate legal work without sacrificing the nuanced understanding and strategic thinking that only human lawyers can provide.Leadership and Vision for the FutureUnder the visionary leadership of Managing Partner Anas El Jisr, JP Legal has grown exponentially, both in terms of its team and its market presence. The firm has recruited senior legal professionals from major regional and international firms, further strengthening its capabilities. This growth has positioned JP Legal as a formidable competitor to both regional and global law firms, particularly in cross-border transactions where JP Legal frequently represents major local Saudi conglomerates and multinational corporations.JP Legal's commitment to innovation and excellence is reflected in its ability to adapt to the rapidly evolving legal landscape. The firm continuously seeks to improve its methodologies and technologies, ensuring that it remains at the cutting edge of legal practice in the GCC region.JP Legal's success is built on a foundation of deep regional expertise, a client-centric approach, and a forward-thinking strategy that embraces the transformative potential of AI. By providing tailored legal solutions that meet the sophisticated needs of both emerging businesses and established corporations, JP Legal has cemented its reputation as a leading law firm in the GCC region. As the firm continues to grow and innovate, it remains dedicated to helping its clients navigate the complexities of the legal landscape, achieve their business objectives, and capitalize on the opportunities presented by Saudi Arabia's Vision 2030 initiative.About JP LegalJP Legal is a consultancy firm with a strong regional presence in the Kingdom of Saudi Arabia and the United Arab Emirates. Specializing in corporate and commercial laws and transactions, the firm serves a diverse clientele that includes small boutique firms and large multinational corporations. Contact informationCompany: JP Legal Contact: Hadi SabraEmail: hadi.s@j-plegal.comWebsite: https://www.j-plegal.com/02/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Recently, China Hongqiao (01378.HK), a global market leader in the aluminum industry, released a remarkable interim results announcement, attracting significant market attention.China Hongqiao has demonstrated accelerated development in the first half of 2024, various performance indicators of the company showed a substantial year-on-year growth, with figures increased far exceeding those announced during the positive profit alert released by the Group in June. In particular, the company’s profit has surged by over three times, setting a historic peak.Remarkable Growth in Financial Performance and DividendsIn the first half of the year, China Hongqiao achieved a revenue of RMB 73.592 billion, representing a 12.0% year-on-year increase. The net profit attributable to equity holders was RMB 9.155 billion, representing a significant increase of 272.66% year-on-year. The net profit excluding extraordinary profit and loss was RMB 10.77 billion, representing a substantial year-on-year increase of 352.68%. Basic earnings per share increased by approximately 273.0% year-on-year to RMB 0.966.In addition to the growth in revenue and net profit, China Hongqiao also saw a significant increase in gross profit and gross profit margin. In the first half of the year, the company's gross profit increased by approximately 202.1% year-on-year to RMB 17.802 billion, while the overall gross margin was about 24.2%, showing a significant increase of 15.2 percentage points compared to 9.0% in the same period last year.China Hongqiao’s rapid performance growth is driven by both increased product volume and prices, alongside a reduction in cost of key raw materials. "The average selling prices of the Group's aluminum alloy products and alumina products increased compared to the same period in 2023, at the same time, the increase in sales volume and the reduction in purchase prices of key raw materials such as coal and anode carbon blocks were also the favorable factors, thus the Group's gross profit saw a significant increase compared to the same period in 2023," said Mr. Zhang Bo, Chairman of the Board of China Hongqiao.The rising demand in the aluminum industry also contributed to the improvement in China Hongqiao's performance. As inflation continues to moderate globally, and major central banks contemplating potential rate cuts, better than expected improvements in economic performances for major countries are observed, with key growth indicators exhibiting an upward trend. In the context of a slow economic recovery, there are renewed expectations for increased demand for metals like copper and aluminum, driven by industries such as photovoltaics and electric vehicles. Additionally, the supply capacity for certain types of ore and smelting process is experiencing a periodic weaknesses, leading to a significant overall increase in the prices of non-ferrous metals, including aluminum, in the second quarter of 2024.According to Guosheng Securities, with the completion of China Hongqiao’s relocation on electrolytic aluminum production to Yunnan Province, the production cost of electrolytic aluminum is expected to reduce further. Meanwhile, aluminum prices are expected to remain high due to rigid domestic supply and the post-interest rate hike cycle. The increase in both prices and sales volume is foreseen under the expectation of the US Federal Reserve’s rate cuts and increased use of aluminium in green energy applications. All these positive factors further enhance the company’s performance elasticity.As profits surges, China Hongqiao also highly focused on delivering strong returns to its shareholders, China Hongqiao also places great emphasis on shareholders’ returns and continues to increase its dividend payout ratio. In the first half of the year, the company declared a dividend of HKD 0.59 per share, showing a year-on-year increase of 73.5%, with a dividend yield of approximately 5.72% and a payout ratio of 56%. The company's average dividend payout ratio has consistently ranked among the top tier within the industry, providing a stronger secured margin to its shareholders since it became a listed company in HKEX from 2011.Moreover, China Hongqiao currently has a strong cash flow. As at June 30, 2024, the company held approximately RMB 37.502 billion in cash and cash equivalents, which also helps ensuring the stability and flexibility of its business operations.Integrated Industry Chain Highlights Advantages with Strong Momentum for Performance GrowthThe significant growth in China Hongqiao's performance is not only a result of the overall improvement in industry demand but also the outcome of the company's commitment to building an integrated industry chain and continuously enhancing its internal innovation capabilities.Chairman of the Board Mr. Zhang Bo highlighted that the company is currently at a critical stage of transforming and upgrading from traditional industries, developing and expanding emerging industries, and exploring future industry layouts. During this period, China Hongqiao continued to cement its presence in the aluminum industry, further strengthening its full industry chain from bauxite, alumina, primary aluminum, aluminum deep processing, to recycled aluminum. The company has continuously deepened the conversion of new and old growth drivers, leveraging new technologies to empower sustainable development, and consistently increasing the role of “Green” in business growth.As China Hongqiao continues to enhance its industrial chain, it is also proactively expanding into international markets. The company is currently cooperating with countries and regions such as India, Europe, Malaysia, North America, and other Southeast Asian regions.The key materials for electrolytic aluminum production are alumina, electricity, and prebaked anodes. China Hongqiao has made arrangements for bauxite resources in Guinea and Indonesia while expanding its sources of raw materials from Australian bauxite, this ensures the diversification of raw material supply to reduce exposures to raw material risks.As at March 2024, China Hongqiao's project in Guinea has maintained an annualized production capacity of approximately 50 million tonnes of bauxite, with a total alumina production capacity of 19.5 million tonnes per year (including 17.5 million tonnes per year of domestic alumina production capacity and 2 million tonnes per year of Indonesian alumina production capacity). The company has become fully self-sufficient in alumina, highlighting its advantages through all-round integration.Currently, China Hongqiao's total electrolytic aluminum production capacity has reached 6.46 million tonnes per year, and the company plans to relocate a total of 3.96 million tonbes per year of capacity to Yunnan, which is expected to further reduce the overall electricity costs of the company's total production capacity.While China Hongqiao previously relied primarily on coal-fired power for its energy consumption, in response to national policies and with the support of the Yunnan government, the company has relocated part of its capacity to Yunnan to fully utilize the local hydropower advantages. Additionally, the company is vigorously investing in clean energy projects such as photovoltaics in both Yunnan and Shandong, increasing the proportion of clean energy.China Hongqiao continues to build itself as a global market leader in the integrated aluminum industry chain, with industry chain advantages bringing cost advantages to the company. At the same time, the company's capacity relocation actively adapts to the on-going low-carbon development trends. Along with the company's internal initiatives to enhance both the quality and the efficiency, and external efforts to expand international markets, China Hongqiao is further unleashing its strong development momentum and continuously unlocking its potential for significant performance growth.02/09/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Huitongda Network Co., Ltd. (9878. HK) released its 2024 interim report on August 28th. Data shows that the Group achieved a revenue of 32.86 billion yuan in the first half of the year, a net profit attributable to the parent company of 130 million yuan, and a stable positive inflow of operating cash flow of nearly 249 million yuan. Amidst the slow global economic recovery and domestic macroeconomic fluctuations, the Group has adjusted its development strategy to enhance the quality and depth of the business, manifesting its robust and high-value development strategy.It is not difficult to find far-reaching growth logic and strategic value behind the in-depth analysis of financial report data: the Group is gradually unlocking new growth potential and building a more solid foundation for sustainable development in the future by relying on its profound accumulation and forward-looking layout in continuous innovation of industrial models and deep market cultivation.Building An Independent & Controllable Supply Chain to Lead the New Trend of Industrial UpgradingIn the first half of the year, Huitongda Network made "ensuring stable growth with high quality to innovate for a better future" its core principle on work for the year, and achieved significant results in vigorously promoting the transformation and upgrading of its business. Its supply chain capability has steadily increased, driving the continuous improvement of the company's operating quality with the gross profit margin up by 0.5 percentage points year-on-year, demonstrating the effective enhancement of the company's profitabilitySpecifically, the Group deepened cooperation with top brands in various industries, including Gree, Midea, and AUX in the home appliance industry, new with Siemens and OUTES; Apple in the consumer electronics industry, followed by the upgrading of 1464 O2O stores in towns and villages; BYD, NETA, and SAIC Group in the vehicles and auto parts merchandise industry; VOGELY, Newoasis Wood Floor, etc. in the homebuilding and renovation materials industry; Unilever and others in the cleaning chemicals industry.This not only solidified the company's position in traditional advantageous areas, but also further enriched its product line and service scope. Compared with other competitors in the market, the Group focuses on six major categories: consumer electronics, household appliances, agricultural means of production, vehicles and auto parts merchandise, homebuilding and renovation materials, and liquor and beverages and is one of the few top service providers that covers large durable goods with a wide range of categories. At present, the Group has established cooperation with over a thousand high-quality brand owners and manufacturers. With the further enhancement of supply chain capabilities, the combination of collective purchasing and marketing models with abundant downstream resources is expected to further strengthen its upstream bargaining power and consolidate procurement costs advantages.Moreover, the Group expanded its cooperation with resource-based enterprises, such as Ningxia Lanfeng Fine Chemical Co., Ltd. in the agriculture means of production industry; Hainan Agricultural Reclamation Investment Holding Group Co., Ltd. and Xiayi Jinzhan Wood Industry Co., Ltd. in the homebuilding and renovation materials industry. Meanwhile, the Group further deepened cooperation with regional retail enterprises, such as GOME in Northeast China in the home appliance industry. It also entered into strategic cooperation with provincial-level supply and marketing cooperatives in places such as Chongqing, Jiangsu, and Anhui in the agricultural means of production industry, promoting fertilizer-grain integration to support the positive interplay between domestic circulation and international circulation of agricultural means of production.The Group also actively opened up cooperation with its own brands and resource-based enterprises. In respect of its own brand, the Group has made significant breakthroughs. Its self-designed brand "IDISSA" air conditioner has achieved mass production, with an order volume of over 16000 sets within two weeks of its launch; In the agricultural means of production industry, the Group has established independent and controllable production processes and operational management capabilities by launching the "Acephate" integrated production and marketing project. Through the construction of its own brand and the promotion of integrated production and marketing business, the Group has achieved the implementation of the B2F model of determining the procurement based on demand, the advancement based on demand and production based on demand, greatly improving the efficiency of the entire supply chain in urban and rural areas.Faced with new changes in the low-tier industry, the Group also built on new industries and categories on the basis of deepening its existing businesses. In the cleaning chemicals daily necessities sector, the Group is simultaneously expanding into high gross profit categories such as personal care, home cleaning, and beauty to further enhance the gross profit level and input-output efficiency; In the new energy sector, the Group has laid out the photovoltaic track and jointly built a distributed green energy industry platform with leading enterprises in the industry.With the increasing demand for operational efficiency and precise customer acquisition among merchants in the lower-tier retail market, ToB services are expected to further grow in the future. According to estimates from Frost & Sullivan and LeadLeo Research Institute, its market size is expected to reach 9.4 trillion yuan by 2027. It can be foreseen that the layout of these new industries and categories bears new growth points to the Group, and the potential to further enhance its gross profit level and market competitiveness.Member Service Capability Continues to Strengthen, Digital Construction AcceleratesHuitongda Network has always regarded empowering and serving family-run retail stores in towns and villages as its basic business. The Group continuously improved its the capacity for serving members, and enhanced the stickiness and profitability of member stores. There are about 6.3 million couple stores nationwide, of which 75% are located in lower-tier markets. As a key component of the low-tier market, family-run retail stores demonstrate flexibility, adaptability, and strong vitality due to their small business scale and low cost investment.With rich experience and market insight, operators have established deep community emotional connections and loyal customer groups, which are important supports for store operation and the power of word-of-mouth communication. In a social environment with strong human touch, family-run retail stores not only provide commodity transactions, but also become places for community residents to communicate and express emotions. They have an irreplaceable position in the low-tier market and serve as the terminal for commodity circulation and the link for community cultural preservation and emotional connection.Therefore, for industrial Internet platforms such as Huitongda Network, in-depth understanding and empowering family-run retail stores is the key to expanding the low-tier market, improving the efficiency of the supply chain, building industrial ecology and promoting the integrated development of urban and rural areas. By providing digital tools, supply chain resources, marketing training, and other support, the Group helped family-run retail stores transform and upgrade, improved operational efficiency and profitability, and explored vast opportunities in the low-tier market.Data shows that in the first half of 2024, the Group's service business revenue increased by 12.0% year-on-year, SaaS+ subscription users increased by 5.1% year-on-year, paid SaaS+ users increased by 28.8% year-on-year, and store SaaS+ subscription revenue increased by 13.6% year-on-year. The growth of these data not only reflected a significant improvement in the Group's capacity for serving members, but also highlighted the enormous potential of the retail industry in the lower-tier market.To further improve the operational efficiency of member stores, the Group has developed and upgraded its system tools with a focus on "hot products+AI", and adhered to going deep into the front line to organize high-frequency and effective training and activities. At the same time, the Group continued to promote key customer service, expanded the network and coverage of member stores, providing better products, tools, marketing, training, and data empowerment for member stores.In respect of digital construction, the Group has always been at the forefront of the industry in building an industrial trading platform to help brand manufacturers reach the low-tier market, and deeply applying AI technology to optimize service efficiency.By launching functions such as "digital human livestreaming studio" and "multi-level marketing", the Group gradually opened up platform warehousing and logistics services to merchants, and cooperates with "production and marketing integration" to build an online order collection and production scheduling system. The application of these digital tools improved the operational efficiency of the company, and also brought more convenience and revenue to the member stores.In SummaryAdmist the current market environment where the omnichannel transformation wave of online and offline integration sweeping the retail industry in the low-tier market, Huitongda Network is proactively adapting to this trend and seizing unprecedented development opportunities by virtue of its unique supply chain integration, robust capacity for serving members, and forward-looking layout of digital construction. Through deepening strategic partnerships with leading brands in various industries, the Group has not only consolidated its existing market position, but also boldly explored new industries and categories, and successfully launched its own brand business. This series of measures significantly enhances its market competitiveness and lays a solid foundation for its long-term development.The sustained business innovation capability demonstrated by the Group is the key to its continuous progress in the market environment. This innovation capability is both reflected in the optimization and upgrading of existing businesses, and in the ability to keep a closer eyes on market change and timely capture emerging opportunities for continuous business model innovation to comply with market development.Looking ahead, the Group will stay true to its original aspiration and continue to focus on the three core strategic directions of supply chain optimization, member store empowerment, and digital upgrading, to further deepen industrial upgrading and digital transformation. On the path towards high-quality development, the Group is steadily forging ahead with richer returns for shareholders and better service experiences for customers, and advancing toward a great future.30/08/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

On August 28, Airdoc Technology (2251.HK) announced its 2024 interim results, demonstrating continued solid growth.In the first half of 2024, Airdoc Technology achieved revenue of RMB93.71 million, a year-on-year increase of 13.6%. Gross profit reached RMB53.76 million, with a gross profit margin of 57.4%. The Company achieved steady growth in both revenue and gross profit, further consolidating its leading position in the industry.As a global leader and pioneer in the field of retinal imaging AI technology, the Company has further enhanced the coverage and effectiveness of its health management services by continuously promoting the in-depth application of AI technology during the reporting period.Diversified strategies yield results, business growth accelerates steadilyThe Company has focused on its core business to achieve sustainable growth while promoting its diversified strategies. During the reporting period,the company's business covered three major segments: Airdoc Medical, Airdoc Health, and Airdoc Eye Health. Airdoc Medical and Airdoc Eye Health achieved revenue growth of 22.1% and 22.7% respectively.The significant increase in the number of customers and service sites has driven the expansion of the overall business. In the first half of the year, the number of customers increased to 418 and the number of active service sites increased to 5,950, representing a 78.63% increase year-on-year. The Company served 2.96 million people through its SaMD and health risk assessment solutions, identifying 15,842 significant positive cases, with a cumulative total of more than 70,000 significant positive cases identified, making a significant contribution to the early detection and treatment of major diseases.The Company has further enhanced the accessibility of healthcare services through the widespread application of Airdoc-AIFUNDUS (1.0). The number of active service sites covered in hospitals reached 244, reflecting a year-on-year increase of 70.6%, while the number of active service sites covered in primary care organizations reached 1,533, a year-on-year increase of 192.0%. The number of tests has grew significantly in both hospitals and primary care organizations. In addition, the Company deployed AI solutions in more than 296 medical check-up centers nationwide, and the reorder rate of software products in some medical check-up centers exceeded 50%.Global market expansion is also accelerating at the same time. After obtaining market access in the CE27 countries of the European Union, the company’s products have entered markets such as Malaysia, Singapore, Thailand, the United Arab Emirates and South Africa, and the revenue of international business has increased by 17% year-on-year.AI technology breakthroughs, intelligent upgrade of visual trainingDriving the company’s growth are the continuous iteration and upgrading of products, along with investment in research, which act as dual engines. Ensuring long-term competitiveness and meeting the increasingly complex and diversified needs of our customers are the necessary safeguards for success. These include, but are not limited to, the postoperative refractive error prediction method developed by the Company in collaboration with the Eye, Ear, Nose and Throat Hospital of Fudan University, which has been published in the Journal of Cataract and Refractive Surgery (JCRS), providing ophthalmologists with a more reliable clinical reference.A semi-supervised deep learning model developed in collaboration with Xinhua Hospital, Shanghai Jiao Tong University School of Medicine, has also achieved remarkable results and was published in iScience, a sub-journal of Cell. The model significantly reduces the cost of data labeling while maintaining excellent classification results, providing a new solution for clinical applications.During the reporting period, the Company also successfully developed AI eye movement technology based on ordinary RGB cameras and integrated it into its vision training AI products, forming a unique AI vision training digital therapy. The upgraded version of the vision training AI products added AI eye movement and AI training guidance functions, and launched the AI VisionBox for the optometry market.In addition, the AIFUNDUS-M multimodal fundus camera has completed its development and registration, and its hardware, software, algorithms and solutions have been fully upgraded. Meanwhile, the Company is actively advancing the research and development of non-invasive phototherapy device to continuously expand its product line.Firm commitment to advancing technology and integrated diagnostics for public benefitAirdoc Technology understands that corporate excellence also stems from the deep practice and relentless pursuit of social responsibility. Therefore, the company actively participates in public welfare programs, such as the large-scale chronic disease screening program in Yangchun City, Guangdong Province, which provides free chronic disease screening services for 10,000 citizens. Additionally, the company assists the laboratory sponsored by BGI in conducting risk monitoring for high-altitude sickness. During the reporting period, Airdoc's public welfare covered about 100,000 people.Looking ahead, Airdoc Medical Technology will continue to deepen the application of AI technology in the field of medical and healthcare, and promote the wide application of General Artificial Intelligence (AGI) in assisted diagnosis, disease detection and personalized medical advice, further optimize its product portfolio, continue to expand its market channels, and enhance its global market coverage by strengthening its technological research and development and production capabilities. With the improvement of the laboratory in Changsha manufacturing base, the Company will maintain its competitive advantages in the areas of AI-based myopia prevention and control products for fundus retina, myopia prevention and control products and vision training AI products.Airdoc Technology is firmly promoting the strategy of integrated diagnosis and treatment from detection to diagnosis, driving the comprehensive upgrade of the AI health industry, creating greater value and possibilities for society, and committed to the mission of making healthcare accessible and affordable for everyone.30/08/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

RESULTS HIGHLIGHTS:● The Revenue for the six months ended 30 June 2024 (“the Period”) was approximately HK$1,701.8 million, representing an increase of about 6.3% compared to the same period last year. Notably, the major European market accounted for 48.4% of the Group's total, with sales growing by 16.2% compared to the same period last year.● The Gross Profit Margin for the Period was approximately 53.7%, with a gross profit of about HK$914.0 million, represents an increase of approximately 5.4% compared to the same period last year.● The Group’s Adjusted EBITDA for the Period was approximately HK$388.6 million, representing an increase of approximately 5.1% as compared to the same period last year.● The profit from the Group's core business for the Period was approximately HK$225.5 million, representing a growth rate of 7.2% compared to the same period last year. ● The Group’s Net Profit for the Period was approximately HK$214.4 million, representing an increase of approximately 1.9% as compared to the same period last year.● With respect to the Group’s EBITDA and Net Profit for the Period, it should be noted that the figures reflect: (i) one-off cost in connection with potential acquisitions of approximately HK$2.8 million; and (ii) one-off cost in connection with Shenzhen and Vietnam production facility relocations of approximately HK$10.2 million.● Basic earnings per share for the six months ended 30 June 2024 amounted to HK$22.59 cents.● The Board declared an interim dividend of HK8.0 cents per ordinary share for the six months ended 30 June 2024.● During the period under review, The Group’s digital solution cases (overseas and domestic) that are produced from its Mainland China production facilities increased to approximately 602,485 cases reflecting an increase of 61.1% as compared with the same period in 2023 as a result of our clients’ continued adoption of intra-oral scanners.(29 August 2024, Hong Kong) - Modern Dental Group Limited (hereinafter referred to as "Modern Dental Group" or "the Group", stock code: 03600.HK”), a leading global dental prosthetics provider, is pleased to announce the unaudited interim results for the six months ended 30 June 2024 (“the Period”).During the six months ended 30 June 2024, although the macro-economic environment continues to be challenging, the Group’s multi-dimensional strategies and comprehensive products portfolio, encompassing higher-priced and cost-effective dental treatments, enabled the Group to capitalize on market opportunities by capturing new customers and increase its sales volume, displaying the Group’s ability to outperform its competitors throughout the economic cycle. The consolidation trend of the dental prosthetics industry is clearly continuing, and with the addition of our Vietnam production facility and Dongguan Phase 2 production facility - the Group has further improved its market positioning.The Group’s continued sales increase represents a solid execution across each of the Group’s markets operationally and financially, illustrating the Group’s ability to deliver strong financial results in a relatively stable operating environment characterized by consistent order volume growth, competitiveness in the industry, and close relationship with its clients and customers. The Group’s underlying fundamentals continue to be solid and we are well-positioned to capture further opportunities going forward.European BusinessDuring the period under review, the European market recorded a revenue of approximately HK$822.9 million, representing an increase of approximately HK$112.9 million as compared with the six months ended 30 June 2023. This geographic market accounted for approximately 48.4% of the Group’s total revenue. The increase of revenue from the European market was attributable to the increase in sales order volume driven by the launch of new products, such as digital dentures, and our state-of-the-art digital workflows.The Group has been the frontrunner providing comprehensive digital solutions offerings, ranging from numerous minimal invasive and aesthetic prosthetic solutions to intra-oral scanners and clear aligners, and is well positioned to capture the opportunities arising from the accelerated digitalization trend of the dental industry. The Group continues to aggressively gain market share from international and domestic competitors through our established dental ecosystem solutions with a focus on education and digitalization, which is available within close proximity to our clients; effectively meeting our clients’ high expectations through our various onshore and offshore resources.North American BusinessDuring the period under review, the North American market recorded a revenue of approximately HK$385.3 million. This geographic market accounted for approximately 22.6% of the Group’s total revenue.Our clients’ interest surrounding digital dentistry continued to increase during the period. A significant portion of our business in the North America region comprises higher-end products manufactured domestically. With our centralized digital workflows and network oversight over our wide coverage of production units within the region, we are well positioned to support the customers’ needs through their digitalization journey, focusing on leveraging efficiencies and providing an enhanced customer experience throughout the network. Looking forward, the Group targets to utilize the Vietnam production facility to establish a new business unit specialized in serving mid/large scale dental clinic chains customers in the North American market.Greater China BusinessDuring the period under review, the Greater China market recorded a revenue of approximately HK$335.8 million. This geographic market accounted for approximately 19.7% of the Group’s total revenue. As a result of the increase in sales volume in the Mainland China market following the full implementation of the volume-based procurement policy in the Mainland China market gradually since the second half of 2023, our Mainland China business reported a sales growth of 9.5% in the Period compared to the same period last year but is offset by the depreciation of RMB against HK$ by 2.7%. However, this also led to aggressive promotions for dental implant treatments by Mainland China dental clinics in Hong Kong (which experienced a notable decrease in patient visits in Hong Kong).The Group is optimistic in its mid/long-term outlook for this market in particular where the latest procurement-related government measures are expected to (i) standardize the pricing of dental prosthetics and develop price transparency, which would level the playing field; (ii) allow the Group’s leading brand name and reputation to be a key consideration for its client and customer; and (iii) have the Group benefit from its large production team and its ability to allocate resources efficiently according to the customer or client.Australian BusinessDuring the period under review, the Australian market recorded a revenue of approximately HK$127.9 million representing an increase of approximately HK$3.6 million as compared with the six months ended 30 June 2023. This geographic market accounted for approximately 7.5% of the Group’s total revenue. The increase of revenue from the Australian market was predominately due to the increase in sales volume as a result of the increase in market share driven by the digitalization trend in dental industry which is partially offset by the depreciation of AUD against HK$ by 2.8% compared with the six months ended 30 June 2023.Through our various brands, which offer onshore-and offshore- made products, at multiple price points ranging from economy and standard to premium/boutique, the Group is able to effectively penetrate the entire Australian market.Future ProspectsIt is expected that the Group continues to consolidate the dental prosthetic market, and the Board is of the view that the consolidation trend is irreversible and clearly continuing. Therefore, notwithstanding any short- or medium-term challenges the global economy may face, the Board is confident that the Group is expected to outperform its competitors. In a year where some of the Group’s competitors had faced materially adverse issues, the Group continued to thrive and it is the Group’s ability to thrive during such uncertain economic conditions that give the Board comfort in its optimistic view of the Group.Going forward, the Group aims to reinforce its worldwide leading position through opportunistic transactions including strategic co-operations, acquisitions, joint ventures and/or partnerships, to further expand and complement our product-offering (in particular, our clear aligner products), distribution and sales networks which will in turn, drive our business expansion. The Group continues to grow into more than just a one-stop shop dental prosthetic provider, but a full dental ecosystem to support our customers. The Group’s investment in Dongguan phase 2 and Vietnam production facilities are expected to provide the Group with greater production solutions and optionality which will in turn, increase the Group’s level of research and development in further enhancing our production and products.Looking forward to 2024, with the Board’s extensive experience and determination to meet any short-term challenges, the Group is in an ideal position to take full advantage of, and will remain opportunistic in, any business opportunities whilst remaining cautious and prudent in safeguarding shareholders’ interests.About Modern Dental GroupModern Dental Group Limited (Stock code: 03600.HK) is a leading global dental prosthetics provider, distributor and consultant with a focus on providing custom-made prostheses to customers in the growing prosthetics industry. Our product portfolio is broadly categorized into three product lines: fixed prosthetic devices, such as crowns and bridges; removable prosthetic devices, such as removable dentures; and other devices, such as orthodontic devices, sports guards, clear aligners, and anti-snoring devices.Modern Dental Group has a global portfolio of respected brands, including Labocast, Permadental and Elysee Dental in Western Europe, YZJ Dental in China, Modern Dental Lab in Hong Kong, Modern Dental USA in the United States, and Southern Cross Dental in Australia. We have grown these brands by providing premium and consistent quality products and superior customer service. We have more than 80 service centers in over 23 countries and serve over 30,000 customers.30/08/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

On August 28th, Huitongda Network Co., Ltd. (9878. HK) released its financial report for the first half of 2024, when the company proactively adjusted its development strategy to focus on optimizing its industrial structure and promote high-quality business development. According to the financial report, Huitongda Network recorded a total revenue of 32.86 billion yuan and a net profit attributable to the parent company of 130 million yuan; The quality of operation has steadily improved, with a gross profit margin of 3.5%, an increase of 0.5 percentage points compared to the same period last year.Uncertainties in the global macroeconomy are on the rise and consumption growth falls short of expectations in the first half of 2024. The retail sales of consumer goods in China totaled RMB 23.6 trillion for the half year, with per capita disposable income of urban residents increasing by 4.6% and per capita disposable income of rural residents increasing by 6.8%, according to the National Bureau of Statistics of China.The income and consumption growth rate of rural residents in domestic lower-tier markets is better than that of urban markets, but demand is still under pressure in the short term. Given the severe situation, Huitongda Network takes "improving quality and efficiency in transformation and innovation" as its general principle for the year, actively adjusts its industrial structure and improves operational efficiency to further promote business transformation and upgrading.Huitongda Network, the industrial Internet leader exploring expansion into lower-tier retail market, served for family-run stores in villages and towns through the empowerment of digital technology and supply chain capacity. For one thing, the Group created a stable and efficient one-stop supply chain and provides multi-category transaction services; For another, by empowering upstream and downstream partners in the urban-rural industrial chain through digitization, it provided services such as SaaS+ services and merchant solutions. At present, the Group has formed a retail ecosystem covering 24,000 townships in 21 provinces and municipalities directly under the central government in China. Its main products focused on the "three high categories" of high product value, high offline experience, and high after-sales requirements, covering seven major categories of consumer electronics, household appliances, agricultural means of production, vehicles and auto parts merchandise, liquor and beverages, home building and renovation materials, and personal care.In the commerce business sector, the Group has steadily improved its supply chain capacity, achieving a revenue of 32.39 billion yuan during the reporting period. According to the financial report, the Group has over 246,000 registered member retail stores as of the end of June 2024, a year-on-year increase of 13.2%; Over 92,000 active member retail stores, a year-on-year increase of 19.3%. The revenue of member retail stores has increased to 43.8% compared to the same period last year, further strengthening the control over downstream channels.In constructing supply chain capacity, the Group focused on brand cooperation, integrated production and marketing, and market expansion in the first half of the year, improving the efficiency of the entire industry chain. In respect of brand cooperation, the company deepened cooperation with leading brands in seven major sectors including household appliances, consumer electronics, and vehicles and auto parts merchandise, while expanding cooperation with resource-based and regional retail enterprises; In respect of integrating production and marketing, the company has established an innovative supply chain model and taken the lead in incubating integrated production and marketing projects in the home appliance and agricultural means of production industries, greatly improving the efficiency of the supply chain and the output of commercial business value. Among them, the self-owned brand "IDISSA" air conditioner launched in the first half of the year exceeded 16000 sets of orders in just two weeks, setting the "ultimate cost-effectiveness" label for the lower-tier market. Moreover, the Group has expanded into areas such as home cleaning, personal care, and photovoltaics while consolidating existing business, striving to improve gross profit levels and promote sustainable growth.In the service business sector, the Group continued efforts to strengthen the capacity for serving members, achieving a revenue of 380 million yuan in the first half of the year, a year-on-year increase of 12.0%. According to the financial report, the Group accumulated over 127,000 SaaS+ subscription users in the first half of the year, a year-on-year increase of 5.1% and nearly 48,000 paid SaaS+ users, a year-on-year increase of 28.8%, along with store SaaS+ subscription revenue of RMB 310 million, a year-on-year increase of 13.6%. The loyalty of member retail stores further improved.Focusing on upgrading product value, the Group further strengthened its capacity for serving members during the reporting period. In product upgrades sector, the Group promoted further upgrading of SaaS+ products, gaining market recognition in efficiently empowering digital management of stores and targeted marketing strategy advice for members; In membership services sector, joint promotional activities were carried out with brand owners and manufacturers in the first half of the year, with a total of 6 national sales promotions, and more than 27,000 store-based personalized activities; In customer development sector, continuous progress has been made in the key customer service strategy, and deep cooperation has been established with over 60 domestic service enterprise customers, brand owners, and chain merchants.In respect of digital construction, the Group continued to upgrade its industrial trading platform in the first half of the year, launching functions such as merchant live streaming rooms and price inquiry and trading of products. It also promoted technological innovation and strengthened the application of cutting-edge technology to enhance the AI review of products and achieve automatic generation of product description, ensuring fast listing while improving service efficiency.Regarding the shareholder returns, the Group actively followed the government's initiative in the form of favorable returns to investors based upon the new "National Nine Articles" (short for Opinions on Strengthening Regulation to Prevent Risks and Promote High-Quality Development of Capital Markets, which consists of nine parts). In July, a proposal was passed to formulate a Shareholder Dividend Return Plan for the Next Three Years (2024-2026) and amend the Group's articles of association, opening a window for the implementation of the shareholder dividend return plan in the next three years.Since its listing, Huitongda Network stays committed to the mission of "making farmers' lives better", developing the low-tier market while promoting rural revitalization. On the one hand, the Group deepened the empowerment of rural talents and conducted training for over 20000 new farmers in the first half of this year; On the other hand, it fully integrated digital technology into the real economy in the low-tier market through applying digital technology in rural development. The Group's industrial Internet mode has been reported by the "People's Daily", "Xinhua News Agency" and other national media for many times during the reporting period. Meanwhile, its business value has also been recognized by the capital market after being included in the MSCI World Small Cap Index, and listed as the "Fortune China 500" for three consecutive years.Huitongda Network stated that looking ahead, the Group will adhere to sustainable and high-quality development by focusing on four core competencies: supply chain capability, brand operation capability, platform service capability, and organizational construction capability, to improve the operational efficiency of member retail stores, thereby promoting further upgrading of urban and rural industrial ecosystem, while promoting rural revitalization and high-quality development of digital villages.30/08/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Newborn Town sees a net profit growth of 28% to RMB 388 million, total revenue surpassed 65% for the first half of 2024, whilst the MENA market revenue surged by over 44%On August 29, Newborn Town (09911. HK) unveiled its interim results for the first half of 2024, demonstrating significant growth in various key operational indicators. The improvement was driven by its skyrocketing pan-audience social networking business and further expansion in the MENA market.According to the announcement, Newborn Town reported a total revenue of RMB 2,272 million for the first half of 2024, marking a substantial 65% period-on-period increase. Net profit for the period reached RMB 388 million, up 28% period-on-period. Profit attributable to the owners of the Company was RMB 225 million, reflecting a 21% period-on-period rise. Adjusted EBITDA totaled at RMB 448 million, demonstrating a 29% period-on-period increase. The social networking business segment attained robust growth, achieving revenue of approximately RMB 2,070 million, marking a 67% growth period-on-period. Additionally, the innovative sector made significant progress, recording revenue of around RMB 202 million, reflecting a 54% period-on-period growth.Notably, the Company's long-term investment in the MENA region has been yielding positive feedback. The capability for "product replication "has been further strengthened, with new products represented by SUGO rapidly maturing, thus bringing fresh growth momentum to the Company. As one of the major markets, the MENA market has consistently been the core focal point of the Company’s strategic implementation of localization strategy. Through years of in-depth regional operations, Newborn Town has built up a comprehensive regional organization, nurtured a local team of employees, and forged strong connections with local creators and partners. The benefits brought about by Newborn Town's localization efforts are becoming increasingly evident. For the first half of 2024, the MENA market contributed over 50% of the company's social networking business revenue, with the core products recording a 44% period-on-period increase.The MENA region has also been the market for Newborn Town's new business incubation. Products with high potential, such as TopTop and SUGO, have been successfully scaled up from inception as their business models were verified for global market expansion.This August, Saudi Arabia's Ministry of Investment granted Newborn Town a Regional Headquarters (RHQ) license, making it the world's first social entertainment company to establish a regional headquarter in Saudi Arabia. This move further consolidates Newborn Town's efforts in the MENA region.Under the RHQ program, Newborn Town will aim to build a trustworthy enterprise in the MENA region through close connections with governments, active engagement in community development and charitable activities, serving the local populace and building an ecosystem. While continuously widening the moat with its localization strength, Newborn Town has also achieved significant breakthroughs in product operation, starting to achieve the goal of replicating the popular apps that generate tens of millions of dollars in monthly revenue. After MICO, the companion-based social app SUGO has reached the target.Newborn Town's operation strategy, centered on cultivating the "Bushes" housing apps with diverse features, has been developed through a deep understanding of users' specific social and entertainment needs. Under this strategy, Newborn Town's strength in app operation has steadily advanced, alongside enhancements in the middle platform mechanism.Moreover, the company's aggregated localized operation resources have hastened the emergence of hit apps by facilitating swift product launches, cost-effective trial and error testing, and highly efficient verification.SUGO and TopTop, the new apps under Newborn Town, have both experienced explosive revenue growth. SUGO, for example, has achieved an over 250% period-on-period increase in revenue. In July, SUGO contributed the majority revenue to Newborn Town among the apps.TopTop, the social gaming platform with a double period-on-period revenue increase in the first half, was featured as a recommendation on the Apple App Store in May, reaching users across dozens of countries and regions, including Saudi Arabia, the United Arab Emirates, and Oman.The first-mover products, such as MICO and YoHo, have also made significant strides. MICO, TopTop, SUGO, and YoHo all ranked on Sensor Tower's Top 10 highest-grossing social apps in MENA from January to May 2024.According to the announcement, the company will persist in its pursuit of creating successful products in increasingly specialized niches and duplicating more apps that yield monthly revenues in the tens of millions of US dollars.Beyond its achievements in pan-audience social networking business, Newborn Town’s other business segments have also seen notable progress.HeeSay, the LGBTQ+ online community, has strengthened its global brand presence through more refined in-app operations. Since early this year, this platform has launched a series of offline events in Bangkok, Ho Chi Minh City, Los Angeles, etc., fostering a stronger sense of community among users. These efforts have contributed to an increase in business scale of approximately 25%.In addition, the company has continued investment in developing quality games. In the first half of 2024, Newborn Town's quality games achieved a recharge of RMB 387 million, up 393% period-on-period. Its flagship title, Alice's Dream: Merge Games, secured a spot among Sensor Tower's top 30 Chinese mobile games in overseas revenue for May and June.Overall, Newborn Town has made significant strides across key markets and various business segments in the first half of 2024. The company has reinforced the validity of its business models in the social sector, bolstering the competitiveness of its new products and injecting new growth catalysts.Moving forward, Newborn Town aims to delve deeper into the social entertainment realm, gaining a foothold in MENA and expanding globally to create positive emotional values.File: FINAL-赤子城科技公布中期業績_en_2024082930/08/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Ficus Technology Holdings Limited(Incorporated in the Cayman Islands with limited liability)(Stock Code: 8107)Entering into a Cooperation Agreement with the subsidiary of China Supply and Trade GroupTo Synergise Channel and Supply Chain Resources(Hong Kong - 29 August 2024) Innovative supply chain management service provider –Ficus Technology Holdings Limited (“Ficus Technology” or the “Company”, together with its subsidiaries, the “Group”) is pleased to announce that on 29 August 2024, Ficus Discovery (www.ficusdsc.com, “Ficus Discovery Platform”), the e-commerce platform operated by the Group is collaborating with Beijing New Cooperation Ruida Trade Co., Ltd.* (“Beijing Ruida”) for a period of three years. As a direct wholly-owned subsidiary of China Supply and Trade Group and an indirect wholly-owned subsidiary of China CO-OP Group Co., Ltd., Beijing Ruida is primarily engaged in provision of supply chain services, operation of supermarket and other business in the retail industry.Leveraging its supply chain resources, including access to local products and local brands as well as its extensive supermarket and retail network, Beijing Ruida will provide products and supply chain services to Ficus Discovery Platform. This strategic partnership will allow both parties to synergise their channel resources, enhance product diversity and expand customer base across both online and offline channels. About Ficus Discovery Platform Ficus Discorvery Platform is an e-commerce platform operated by the Group, utilizing a disintermediation model to establish direct connections between manufacturers and consumers (“M2LC”), thereby facilitating transactions and cultivating a long-term loyal customer base. Leveraging the Group’s extensive supply chain resources, innovative supply chain management solutions, digital marketing capabilities, authentication and traceability technologies, the Ficus Discovery Platform is well-positioned to be a trustworthy gateway for brands and manufacturers to access target customers.Mr. Chan Ting, Chairman and Executive Director of Ficus Technology Holdings Limited comments: “Ficus Discovery Platform is pleased to work with Beijing Ruida on providing products to consumers in both the e-commerc platform we operated and the retail channels of Beijing Ruida’s platform. The collaboration not only enables Ficus Discovery Platform to diversify its product offerings but, more importantly, provides the Group with valuable access to the sales channels of the China Supply and Trade Group. We are confident that this collaboration will significantly elevate Ficus Discovery Platform's presence among consumers, establishing it as the preferred destination for daily necessities. Additionally, this partnership will amplify the brand value for both parties, driving mutual growth and market influence.”- END -About Ficus Technology Holdings Limited（8107.HK）Ficus Technology Holdings Limited (formerly known as Vision International Holdings Limited) is an innovative supply chain management service provider, mainly focuses on the sales of apparel products with the provision of supply chain management services. The Group had advanced supply chain management service to include anti-counterfeit, traceability and marketing functions for brand protection on both the apparel andotherproducts. File: 8107_Press Release_EN_20240829_Final29/08/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Ficus Technology Holdings Limited(Incorporated in the Cayman Islands with limited liability)(Stock Code: 8107)Entering into a Cooperation Agreement with the subsidiary of China Supply and Trade GroupTo Synergise Channel and Supply Chain Resources(Hong Kong - 29 August 2024) Innovative supply chain management service provider –Ficus Technology Holdings Limited (“Ficus Technology” or the “Company”, together with its subsidiaries, the “Group”) is pleased to announce that on 29 August 2024, Ficus Discovery (www.ficusdsc.com, “Ficus Discovery Platform”), the e-commerce platform operated by the Group is collaborating with Beijing New Cooperation Ruida Trade Co., Ltd.* (“Beijing Ruida”) for a period of three years. As a direct wholly-owned subsidiary of China Supply and Trade Group and an indirect wholly-owned subsidiary of China CO-OP Group Co., Ltd., Beijing Ruida is primarily engaged in provision of supply chain services, operation of supermarket and other business in the retail industry.Leveraging its supply chain resources, including access to local products and local brands as well as its extensive supermarket and retail network, Beijing Ruida will provide products and supply chain services to Ficus Discovery Platform. This strategic partnership will allow both parties to synergise their channel resources, enhance product diversity and expand customer base across both online and offline channels. About Ficus Discovery Platform Ficus Discorvery Platform is an e-commerce platform operated by the Group, utilizing a disintermediation model to establish direct connections between manufacturers and consumers (“M2LC”), thereby facilitating transactions and cultivating a long-term loyal customer base. Leveraging the Group’s extensive supply chain resources, innovative supply chain management solutions, digital marketing capabilities, authentication and traceability technologies, the Ficus Discovery Platform is well-positioned to be a trustworthy gateway for brands and manufacturers to access target customers.Mr. Chan Ting, Chairman and Executive Director of Ficus Technology Holdings Limited comments: “Ficus Discovery Platform is pleased to work with Beijing Ruida on providing products to consumers in both the e-commerc platform we operated and the retail channels of Beijing Ruida’s platform. The collaboration not only enables Ficus Discovery Platform to diversify its product offerings but, more importantly, provides the Group with valuable access to the sales channels of the China Supply and Trade Group. We are confident that this collaboration will significantly elevate Ficus Discovery Platform's presence among consumers, establishing it as the preferred destination for daily necessities. Additionally, this partnership will amplify the brand value for both parties, driving mutual growth and market influence.”- END -About Ficus Technology Holdings Limited（8107.HK）Ficus Technology Holdings Limited (formerly known as Vision International Holdings Limited) is an innovative supply chain management service provider, mainly focuses on the sales of apparel products with the provision of supply chain management services. The Group had advanced supply chain management service to include anti-counterfeit, traceability and marketing functions for brand protection on both the apparel andotherproducts. File: 8107_Press Release_EN_20240829_Final29/08/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Kaspi.kz (KSPI), the fintech giant from Kazakhstan, has announced its intention to participate in the privatization of Humo, one of Uzbekistan’s leading payment systems. This move is seen as a significant step in the company’s broader strategy to expand its footprint across Central Asia, further solidifying its position as a regional financial leader.The proposed acquisition of Humo would mark Kaspi.kz’s first major venture into the Uzbek market, a region that has been attracting increasing attention from global investors due to its rapid economic reforms and growing consumer base. With a robust digital ecosystem already in place in Kazakhstan, Kaspi.kz is well-positioned to leverage its technological expertise and customer-centric approach to drive growth in Uzbekistan.According to Paulius Stankevicius, CEO of Stankevicius Alternative Investment Banking, a leading global investment advisory firm, Kaspi.kz’s interest in Humo is a strong signal for the banking industry in Central Asia. Stankevicius, whose firm advises some of the world’s top financial institutions, remarked, “Kaspi.kz has consistently demonstrated its ability to innovate and capture market share through its integrated platform that combines payments, marketplace services, and financial products. Their move into Uzbekistan signals a growing confidence in the region’s economic potential and will likely spur further investments in the fintech sector.”Sean Chin MQ, investment manager of Olritz Financial Group , with over 10 years of experience in hedge fund management, shared this perspective. His firms, specializing in asset management and financial licensing across Asia and Australia, manage $149 million USD in assets. “The entry of a fintech leader like Kaspi.kz into the Uzbek market is a significant milestone. Uzbekistan presents a unique opportunity for growth, and Kaspi.kz’s strategic move will likely encourage further investments and innovations in the region’s financial services,” said Sean Chin MQ.This view is reinforced by Mikhail Lomtadze, CEO and co-founder of Kaspi.kz, who in a recent statement emphasized the strategic importance of entering the Uzbek market. “Uzbekistan represents a significant growth opportunity for us. The privatization of Humo presents a unique chance to replicate our success in Kazakhstan by offering a comprehensive ecosystem of financial services that cater to the evolving needs of Uzbek consumers,” Lomtadze noted.Industry analysts believe that Kaspi.kz’s expansion into Uzbekistan could serve as a catalyst for further consolidation in the region’s financial sector. By acquiring Humo, Kaspi.kz would gain access to a well-established payment infrastructure and a growing customer base, positioning itself as a key player in the Uzbek financial market.Moreover, this move could also set the stage for increased competition among regional and global fintech companies looking to capitalize on Uzbekistan’s ongoing digital transformation. As Uzbekistan continues to open its doors to foreign investment, the entry of a major player like Kaspi.kz could accelerate the development of the country’s financial ecosystem, providing consumers with greater access to innovative financial services.In conclusion, Kaspi.kz’s strategic interest in Humo is not only a testament to the company’s ambition but also a positive sign for the broader banking industry in Central Asia. As regional economies continue to grow and modernize, the involvement of established players like Kaspi.kz will be crucial in driving the next phase of financial innovation and inclusion.Media ContactStankevicius MGMpr@stankeviciusmgm.com29/08/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Kaspi.kz (KSPI), the fintech giant from Kazakhstan, has announced its intention to participate in the privatization of Humo, one of Uzbekistan’s leading payment systems. This move is seen as a significant step in the company’s broader strategy to expand its footprint across Central Asia, further solidifying its position as a regional financial leader.The proposed acquisition of Humo would mark Kaspi.kz’s first major venture into the Uzbek market, a region that has been attracting increasing attention from global investors due to its rapid economic reforms and growing consumer base. With a robust digital ecosystem already in place in Kazakhstan, Kaspi.kz is well-positioned to leverage its technological expertise and customer-centric approach to drive growth in Uzbekistan.According to Paulius Stankevicius, CEO of Stankevicius Alternative Investment Banking, a leading global investment advisory firm, Kaspi.kz’s interest in Humo is a strong signal for the banking industry in Central Asia. Stankevicius, whose firm advises some of the world’s top financial institutions, remarked, “Kaspi.kz has consistently demonstrated its ability to innovate and capture market share through its integrated platform that combines payments, marketplace services, and financial products. Their move into Uzbekistan signals a growing confidence in the region’s economic potential and will likely spur further investments in the fintech sector.”Sean Chin MQ, investment manager of Olritz Financial Group , with over 10 years of experience in hedge fund management, shared this perspective. His firms, specializing in asset management and financial licensing across Asia and Australia, manage $149 million USD in assets. “The entry of a fintech leader like Kaspi.kz into the Uzbek market is a significant milestone. Uzbekistan presents a unique opportunity for growth, and Kaspi.kz’s strategic move will likely encourage further investments and innovations in the region’s financial services,” said Sean Chin MQ.This view is reinforced by Mikhail Lomtadze, CEO and co-founder of Kaspi.kz, who in a recent statement emphasized the strategic importance of entering the Uzbek market. “Uzbekistan represents a significant growth opportunity for us. The privatization of Humo presents a unique chance to replicate our success in Kazakhstan by offering a comprehensive ecosystem of financial services that cater to the evolving needs of Uzbek consumers,” Lomtadze noted.Industry analysts believe that Kaspi.kz’s expansion into Uzbekistan could serve as a catalyst for further consolidation in the region’s financial sector. By acquiring Humo, Kaspi.kz would gain access to a well-established payment infrastructure and a growing customer base, positioning itself as a key player in the Uzbek financial market.Moreover, this move could also set the stage for increased competition among regional and global fintech companies looking to capitalize on Uzbekistan’s ongoing digital transformation. As Uzbekistan continues to open its doors to foreign investment, the entry of a major player like Kaspi.kz could accelerate the development of the country’s financial ecosystem, providing consumers with greater access to innovative financial services.In conclusion, Kaspi.kz’s strategic interest in Humo is not only a testament to the company’s ambition but also a positive sign for the broader banking industry in Central Asia. As regional economies continue to grow and modernize, the involvement of established players like Kaspi.kz will be crucial in driving the next phase of financial innovation and inclusion.Media ContactStankevicius MGMpr@stankeviciusmgm.com29/08/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

DPC Dash Ltd announces 2024 Interim Financial Results.29/08/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Trio Industrial Electronics Group's revenue for the six months ended 30 June 2024 amounted to HK$389.2 million; Continue to Develop ‘Greater Asia Sustainable Energy Business Circle’[Hong Kong – 28 August 2024] Trio Industrial Electronics Group Limited (“Trio Group” or the Group”, Stock code: 1710), a leading manufacturer and distributor of advanced industrial electronic components and products in Hong Kong, is pleased to announce the consolidated interim results of the Company and its subsidiaries (the “Group”) for the six months ended 30 June 2024 (“the Period”).During the Period, Europe and North America continued to be the Group’s major markets, contributing 86.2% and 7.8% of total revenue respectively. The major markets faced economic growth slowdowns caused by challenging business conditions, including high interest rates, currency depreciation, and geopolitical tensions. Customers struggled to manage surplus inventories, requiring extended efforts to reduce them amid stagnant end-user sales. Moreover, improvements in supply chain logistics and shorter delivery times encouraged customers to scale back surplus inventory levels, thereby reducing product demand.Consequently, the Group’s revenue for the Period decreased by 31.2% to approximately HK$389.2 million as compared with the corresponding period of 2023. Gross profit decreased by 43.2% year-on-year to approximately HK$67.6 million. Gross profit margin was 17.4% The Group reported a loss of approximately HK$ 25.9 million for the Period.In terms of business development, the Group’s order backlog indicates strong demand for its products, driven by a growing emphasis on health awareness, digital transformation, and the transition to sustainable energy. In addition, the Group strategically allocated additional resources to explore new opportunities in the new energy sector. The Group’s involvement in new energy initiatives included the production of essential electronic components for solar and wind power applications, as well as the development of electric vehicle chargers under our self-owned renowned “Deltrix” brand. Concurrently, in alignment with China’s influential “Belt and Road” initiative, the Group actively expanded its presence in Central Asia, notably inaugurating its first electric vehicle charging station in Almaty, Kazakhstan. The Group has been able to maintain a healthy financial position, with cash and bank balances (including restricted bank deposits) amounted to HK$120.1 million (31 December 2023: HK$77.5 million) and a current ratio at 2.6 times as at 30 June 2024. (31 December 2023: 2.9 times)Mr. Cecil Wong, the Chairman of Trio Industrial Electronics Group Limited said, “Looking forward to the second half of this year, we remain cautiously optimistic about the challenges in the business environment. Meanwhile, we also expect abundant opportunities in Central Asia with the positive development in relation to China’s ‘Belt and Road’ initiative. The Group’s overarching vision is to develop a ‘Greater Asia Sustainable Energy Business Circle’, fostering collaboration and sustainable growth across the region. To achieve this, we extend to establishing a solid presence in Uzbekistan, Hong Kong, and Southeast Asia by providing comprehensive solutions for electric vehicle charging. The Group will also establish more electric vehicle charging stations in Almaty, Kazakhstan. We aim to create an ecosystem that includes electric vehicle charging facilities, advertising services, intelligent e-commerce, car washes and convenience stores at these locations.”Mr. Wong continued, “Additionally, the Group will continue to invest in cutting-edge technologies to enhance production efficiencies and capabilities in its production facilities. Through these focused initiatives, the Group aims to strengthen its market position, harness industry growth, and uphold its dedication to excellence while meeting the diverse needs of its stakeholders.”About Trio GroupTrio Industrial Electronics Group is a manufacturer and distributor of advanced industrial electronic components and products in Hong Kong with nearly 40 years of industry experience. It is also the first Hong Kong-based industrial electronic company awarded with the Industry 4.0 maturity certificate - Industry 4.01i level. The Group’s major products include smart chargers, electro-mechanical product and switch-mode power supplies, which are widely used in smart city systems, medical and healthcare sector, as well as renewable energy field. The Group has built up a good reputation and become a trusted supplier to various international well-known brands. The majority of its clients are from Europe and the US while some from Southeast Asia and PRC. In addition, the Group and its partner have developed their own EV charger solution - Deltrix since 2017, which has been launched in the European market in response to the global efforts to develop smart economies.This press release is issued by DLK Advisory Limited on behalf of Trio Industrial Electronics Group Limited.For more details, please contact:Skye Shum - IR Managerskyeshum@triohk.com.hkPR media:DLK Advisorypr@dlkadvisory.comFile: Trio Industrial Electronics Group's revenue for the six months ended 30 June 2024 amounted to HK$389.2 million; Continue to Develop ‘Greater Asia Sustainable Energy Business Circle’28/08/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Trio Industrial Electronics Group's revenue for the six months ended 30 June 2024 amounted to HK$389.2 million; Continue to Develop ‘Greater Asia Sustainable Energy Business Circle’[Hong Kong – 28 August 2024] Trio Industrial Electronics Group Limited (“Trio Group” or the Group”, Stock code: 1710), a leading manufacturer and distributor of advanced industrial electronic components and products in Hong Kong, is pleased to announce the consolidated interim results of the Company and its subsidiaries (the “Group”) for the six months ended 30 June 2024 (“the Period”).During the Period, Europe and North America continued to be the Group’s major markets, contributing 86.2% and 7.8% of total revenue respectively. The major markets faced economic growth slowdowns caused by challenging business conditions, including high interest rates, currency depreciation, and geopolitical tensions. Customers struggled to manage surplus inventories, requiring extended efforts to reduce them amid stagnant end-user sales. Moreover, improvements in supply chain logistics and shorter delivery times encouraged customers to scale back surplus inventory levels, thereby reducing product demand.Consequently, the Group’s revenue for the Period decreased by 31.2% to approximately HK$389.2 million as compared with the corresponding period of 2023. Gross profit decreased by 43.2% year-on-year to approximately HK$67.6 million. Gross profit margin was 17.4% The Group reported a loss of approximately HK$ 25.9 million for the Period.In terms of business development, the Group’s order backlog indicates strong demand for its products, driven by a growing emphasis on health awareness, digital transformation, and the transition to sustainable energy. In addition, the Group strategically allocated additional resources to explore new opportunities in the new energy sector. The Group’s involvement in new energy initiatives included the production of essential electronic components for solar and wind power applications, as well as the development of electric vehicle chargers under our self-owned renowned “Deltrix” brand. Concurrently, in alignment with China’s influential “Belt and Road” initiative, the Group actively expanded its presence in Central Asia, notably inaugurating its first electric vehicle charging station in Almaty, Kazakhstan. The Group has been able to maintain a healthy financial position, with cash and bank balances (including restricted bank deposits) amounted to HK$120.1 million (31 December 2023: HK$77.5 million) and a current ratio at 2.6 times as at 30 June 2024. (31 December 2023: 2.9 times)Mr. Cecil Wong, the Chairman of Trio Industrial Electronics Group Limited said, “Looking forward to the second half of this year, we remain cautiously optimistic about the challenges in the business environment. Meanwhile, we also expect abundant opportunities in Central Asia with the positive development in relation to China’s ‘Belt and Road’ initiative. The Group’s overarching vision is to develop a ‘Greater Asia Sustainable Energy Business Circle’, fostering collaboration and sustainable growth across the region. To achieve this, we extend to establishing a solid presence in Uzbekistan, Hong Kong, and Southeast Asia by providing comprehensive solutions for electric vehicle charging. The Group will also establish more electric vehicle charging stations in Almaty, Kazakhstan. We aim to create an ecosystem that includes electric vehicle charging facilities, advertising services, intelligent e-commerce, car washes and convenience stores at these locations.”Mr. Wong continued, “Additionally, the Group will continue to invest in cutting-edge technologies to enhance production efficiencies and capabilities in its production facilities. Through these focused initiatives, the Group aims to strengthen its market position, harness industry growth, and uphold its dedication to excellence while meeting the diverse needs of its stakeholders.”About Trio GroupTrio Industrial Electronics Group is a manufacturer and distributor of advanced industrial electronic components and products in Hong Kong with nearly 40 years of industry experience. It is also the first Hong Kong-based industrial electronic company awarded with the Industry 4.0 maturity certificate - Industry 4.01i level. The Group’s major products include smart chargers, electro-mechanical product and switch-mode power supplies, which are widely used in smart city systems, medical and healthcare sector, as well as renewable energy field. The Group has built up a good reputation and become a trusted supplier to various international well-known brands. The majority of its clients are from Europe and the US while some from Southeast Asia and PRC. In addition, the Group and its partner have developed their own EV charger solution - Deltrix since 2017, which has been launched in the European market in response to the global efforts to develop smart economies.This press release is issued by DLK Advisory Limited on behalf of Trio Industrial Electronics Group Limited.For more details, please contact:Skye Shum - IR Managerskyeshum@triohk.com.hkPR media:DLK Advisorypr@dlkadvisory.comFile: Trio Industrial Electronics Group's revenue for the six months ended 30 June 2024 amounted to HK$389.2 million; Continue to Develop ‘Greater Asia Sustainable Energy Business Circle’28/08/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Achieved Record High Revenue of HK$273.6M and Net Profit of HK$67.4MFurther Penetration to Osteoporosis, Ophthalmology, and Medical Aesthetic Device Markets(28 August 2024 – Hong Kong) 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 interim results for the six months ended 30 June 2024 (the “Period”).Key Accomplishments in the First Half of 2024During the Period, the Group achieved a spectrum of accomplishments, for both of its marketed products and innovative biologics. The key highlights include:The Group’s revenue achieved an increase of 9.5% year-on-year (“YoY”) to approximately HK$273.6 million, whilst improving gross profit margin by 4.7 percentage points to 84.3%. Sales of Pinup® performed well, registered an increase of 12.8% YoY. The Group’s newly launched product Bogutai® achieved sales of HK$18.8 million in just four months, exceeding initial expectations.The Group achieved a record-breaking profit of approximately HK$67.4 million for the Period, representing a significant increase of 71.0% YoY, underscoring the Group’s effective strategies and operational efficiency.In January 2024, the China National Medical Products Administration (“NMPA”) granted official approval for Bogutai®’s marketing launch, marking a pivotal milestone for the Group in orthopedic disease management. Sales of Bogutai® commenced in the first half of 2024. With its superior safety profile and competitive pricing, Bogutai® promises to revolutionize global drug administration, making it more accessible and patient-friendly.In January 2024, the NMPA accepted the marketing application for Diquafosol Sodium eye drops, marking a significant advancement for the Group's ophthalmology drug portfolio. Diquafosol Sodium is anticipated to receive marketing approval in the first quarter of 2025, complementing the existing ophthalmic drug portfolio and becoming one of the first BFS Diquafosol products to be listed.The Group officially launched its first advanced skincare raw material product, Skbrella™ FN, with sales contributions expected to begin in the second half of 2024. The Group is leveraging endorsements from key opinion leaders (KOLs) in dermatology and capitalizing on the synergistic effects of Skbrella™ FN and EGF to enhance the brand's professionalism and market appeal.The Group is dedicated to the research and promotion of isavuconazonium sulfate, providing more effective antifungal treatment options for patients worldwide and improving their quality of life. During the Period, the Group completed the pharmaceutical research and is preparing to conduct pre-Bioequivalence studies, with the official market launch expected in the first half of 2027.In May 2024, the Group cooperated with Great Bay Bio (GBB) and Pebble Accelerator, a subsidiary of Tigermed to joint development of innovative weight reduction drugs, aiming to revolutionize the treatment of obesity. Through this collaboration, we seek to establish a comprehensive ecological industry chain, spanning from target discovery to antibody generation, druggability verification, process development, clinical pipeline, and ultimately, commercialization.Interim ResultsFor the Period, the Group recorded revenue of approximately HK$273.6 million, representing an increase of 9.5% YoY. The increase in revenue was mainly attributable to the sales growth of Pinup® and the Group’s newly launched product Bogutai®. Pinup® recorded an increase of 12.8% in revenue from approximately HK$124.8 million to approximately HK$140.9 million for the Period. The increase was attributable to the successfully re-selected for the centralized procurement and the procurement validity period is set for two years. The Group launched Bogutai® in March 2024 and it made an immediate financial contribution, achieving sales of HK$18.8 million in just four months. During the Period, revenue generated from GeneTime® was approximately HK$91.3 million, representing a decrease of 4.8% YoY, mainly due to the more cautious procurement strategies adopted by public hospitals due to stricter governance. Yet, the Group continues to diversify its sales channel, such as e-commerce platforms, online hospitals and pharmacies. GeneSoft® recorded a decrease in revenue from approximately HK$22.3 million to approximately HK$18.9 million, representing a decrease of 15.4% YoY. During the Period, revenue from Boshutai® declined from approximately HK$6.9 million to approximately HK$3.8 million, representing a decrease of 45.7%.Gross profit was approximately HK$230.6 million, representing an increase of 16.0% as compared with approximately HK$198.9 million for the first half of 2023. Gross profit margin increased by 4.7 percentage points YoY to 84.3%, which was attributable to the Group’s ongoing efforts in optimizing its supply chain and effectively lowering the procurement cost of API. The Group kept a tight rein on general and administrative expenses, which only accounted for 8.7% of revenue for the Period as compared with 9.4% for the same period last year. Selling and distribution expenses for the Period also decreased to 42.8% of revenue from 50.5% that of the same period last year, mainly due to the marketing expenses of Pinup® decreased and the Group’s further optimization of its salesforce. The R&D expenses increased by 77.9% YoY to approximately HK$20.9 million and the amount was in step with the Group’s product research status. The Group achieved a record-breaking profit of approximately HK$67.4 million for the Period, representing a significant increase of 71.0% YoY. The substantial profit increase, driven by the launch of a new drug, the organic growth of marketed drugs, effective marketing strategies, strict cost control and ongoing supply chain optimization. This indicates that the Group is on the right path for sustainable profit growth. ProspectsWith advancements in biotechnology and strong governmental backing, the pharmaceutical landscape in China is poised for significant growth with a compound annual growth rate (“CAGR”) of 7.5% from 2024 to 2032, according to Imarc Group. Alongside traditional pharmaceuticals, the aesthetic medical sector is gaining prominence in the market. Forecasts indicate that the aesthetic medical market is set to sustain a CAGR growth of 10% to 15% between 2024 and 2027, primarily attributing to the increasing emphasis on beauty standards and the increased spending in this domain, particularly by individuals with moderate to high incomes. The two sectors are the Group’s focus, showcasing massive expansion opportunities for the Group. Looking forward, Mr. Kingsley Leung, Chairman of Uni-Bio Science said, “We are committed to establishing a highly commercial-driven and specialized boutique R&D platform where we tightly integrate research and production under one roof. Our focus is on growing our existing products and launching new high value generic and aesthetic medical products, which we believe will continue to provide strong cash flow in the short term and support the Group’s ongoing R&D on proprietary biopharmaceutical products. This includes expanding into new areas, such as best-in-class biologics for ophthalmology and obesity.In early July 2024, we have partnered with Chongqing Minji Medical Device Co., Ltd. to tap into the medical aesthetic device sector. This collaboration grants us exclusive distribution rights for their premier products andallows us to co-develop medical device products leveraging the Group's patented core ingredient, Skbrella™ FN. This joint initiative aims to introduce China's first batch of class II medical devices utilizing fibronectin, bolstering the Group's leadership in skincare and medical aesthetics. We expect to generate over RMB30 million annually in revenue from the aesthetic medical segment within the next two to three years.To boost product awareness and market shares, we have implemented an omnichannel strategy by collaborating with internet hospitals, establishing an official GeneTime® flagship store on JD.com and partnering with over 200 online distributors. In terms of offline efforts, we have partnered with top national chain stores and retailers renowned for strong brand presence and customer trust, as we believe this provides additional opportunities for the Group to engage more potential customers. These efforts aim to further bolster product sales and establish a robust foundation for the future launch of upcoming products.To support our upcoming sales and diversified product range, our new factory in Dongguan, Guangdong, has completed construction. The factory is expected to produce up to 19 million units per year of the Group's signature products, GeneTime® and GeneSoft®, representing an annual output value exceeding RMB 1 billion. This factory also features a BFS packaging line for the production of single-dose GeneSoft® and Diquafosol Sodium Eye Drops. The BFS packaging research and archival filing are expected to conclude by 2025, with the launch of GeneSoft® and Diquafosol Sodium Eye Drops in BFS packaging anticipated in 2026.” About Uni-Bio Science Group LimitedUni-Bio Science Group Limited is principally engaged in the research and development, manufacture and distribution of pharmaceutical products. The research and development centre is fully equipped with a complete system for the development of genetically-engineered products with a pilot plant test base which is in line with NMPA requirements. The Group also has two GMP manufacturing bases in Beijing and Shenzhen. The Group also has a highly efficient commercialization platform and marketing network. The Group focuses on the development of novel treatments and innovative drugs addressing the therapeutic areas of endocrine such as diabetes and osteoporosis, ophthalmology and dermatology.Uni-Bio Science Group Limited was listed on the Main Board of the Hong Kong Stock Exchange on November 12, 2001. Stock code: 0690.For further information, please contact: ir@uni-bioscience.com 28/08/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Ficus Technology Holdings Limited(Incorporated in the Cayman Islands with limited liability)(Stock Code: 8107)Entering into a Cooperation Agreement with Shenbei Community Service CentreCo-nurturing Target Customers in Local Communities(Hong Kong - 27 August 2024) Innovative supply chain management service provider –Ficus Technology Holdings Limited (“Ficus Technology” or the “Company”, together with its subsidiaries, the “Group”) is pleased to announce that on 27 August 2024, the Group has entered into a strategic cooperation agreement with the Shenbei Hao He Er Community Service Centre in Shenbei New District, Shenyang City* (瀋陽市瀋北新區瀋北好賀兒社會服務中心，”Shenbei Community Service Centre”) for a period of three years.With a mission of “Supporting Enterprises and Benefiting Citizens,” Shenbei Community Services Centre is deeply rooted in local communities, offering comprehensive services and solutions to local residents. Through various community events and interactions, Shenbei Community Services Centre gains deep understanding of local needs and consumption trends, positioning it as a trustworthy gateway to access local consumers. Through this collaboration, Shenbei Community Services Centre will promote Ficus Discovery Platform (“Ficus Discovery Platofrm”, www.ficusdsc.com), the e-commerce platform operated by the Group and products it offers. A wide range of products, including apparel, daily necessities, and cosmetics, will be offered for sale in Shenbei New District, Shenyang City.About the Ficus Discovery Platform The Ficus Discorvery Platform is an e-commerce platform operated by the Group, utilizing a disintermediation model to establish direct connections between manufacturers and consumers (“M2LC”), thereby facilitating transactions and cultivating a long-term loyal customer base. Leveraging the Group’s extensive supply chain resources, innovative supply chain management solutions, digital marketing capabilities, authentication and traceability technologies, the Ficus Discovery Platform is well-positioned to be a trustworthy gateway for brands and manufacturers to access target customers. Mr. Chan Ting, Chairman and Executive Director of Ficus Technology Holdings Limited comments: “This is a mutually beneficial collaboration, allowing the Ficus Discovery Platform and the Group’s innovative supply chain management solutions to further expand its customer base, offering genuine products to local communities through community purchasing and other means. Leverage on the local knowledges provided by Shenbei Community Service Centre and the bonding influences of local residents, Ficus Discovery Platform would have the opportunity to nurture a group of loyal and long-term customers and thus enhance the sustainability and diversify the income stream of the Group.” - END -About Ficus Technology Holdings Limited（8107.HK）Ficus Technology Holdings Limited (formerly known as Vision International Holdings Limited) is an innovative supply chain management service provider, mainly focuses on the sales of apparel products with the provision of supply chain management services. The Group had advanced supply chain management service to include anti-counterfeit, traceability and marketing functions for brand protection on both the apparel andotherproducts. File: 8107_Press Release_EN_20240827_FINAL28/08/2024 Dissemination of a Marketing Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

Ficus Technology Holdings Limited(Incorporated in the Cayman Islands with limited liability)(Stock Code: 8107)Entering into a Cooperation Agreement with Shenbei Community Service CentreCo-nurturing Target Customers in Local Communities(Hong Kong - 27 August 2024) Innovative supply chain management service provider –Ficus Technology Holdings Limited (“Ficus Technology” or the “Company”, together with its subsidiaries, the “Group”) is pleased to announce that on 27 August 2024, the Group has entered into a strategic cooperation agreement with the Shenbei Hao He Er Community Service Centre in Shenbei New District, Shenyang City* (瀋陽市瀋北新區瀋北好賀兒社會服務中心，”Shenbei Community Service Centre”) for a period of three years.With a mission of “Supporting Enterprises and Benefiting Citizens,” Shenbei Community Services Centre is deeply rooted in local communities, offering comprehensive services and solutions to local residents. Through various community events and interactions, Shenbei Community Services Centre gains deep understanding of local needs and consumption trends, positioning it as a trustworthy gateway to access local consumers. Through this collaboration, Shenbei Community Services Centre will promote Ficus Discovery Platform (“Ficus Discovery Platofrm”, www.ficusdsc.com), the e-commerce platform operated by the Group and products it offers. A wide range of products, including apparel, daily necessities, and cosmetics, will be offered for sale in Shenbei New District, Shenyang City.About the Ficus Discovery Platform The Ficus Discorvery Platform is an e-commerce platform operated by the Group, utilizing a disintermediation model to establish direct connections between manufacturers and consumers (“M2LC”), thereby facilitating transactions and cultivating a long-term loyal customer base. Leveraging the Group’s extensive supply chain resources, innovative supply chain management solutions, digital marketing capabilities, authentication and traceability technologies, the Ficus Discovery Platform is well-positioned to be a trustworthy gateway for brands and manufacturers to access target customers. Mr. Chan Ting, Chairman and Executive Director of Ficus Technology Holdings Limited comments: “This is a mutually beneficial collaboration, allowing the Ficus Discovery Platform and the Group’s innovative supply chain management solutions to further expand its customer base, offering genuine products to local communities through community purchasing and other means. Leverage on the local knowledges provided by Shenbei Community Service Centre and the bonding influences of local residents, Ficus Discovery Platform would have the opportunity to nurture a group of loyal and long-term customers and thus enhance the sustainability and diversify the income stream of the Group.” - END -About Ficus Technology Holdings Limited（8107.HK）Ficus Technology Holdings Limited (formerly known as Vision International Holdings Limited) is an innovative supply chain management service provider, mainly focuses on the sales of apparel products with the provision of supply chain management services. The Group had advanced supply chain management service to include anti-counterfeit, traceability and marketing functions for brand protection on both the apparel andotherproducts. File: 8107_Press Release_EN_20240827_FINAL28/08/2024 Dissemination of a Marketing Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com

On August 7th, the Hang Seng Indexes Company Limited (HSIL) announced that biotech stocks have begun to show signs of improvement recently, benefiting from policy support and three consecutive months of capital inflows. With the introduction of more policies, the HS HK-listed Biotech Index has outperformed the market since July.Obviously, the positive changes revealed in HSIL’s article provide investors with a new perspective, which may also indicate that the entire pharmaceutical sector is entering a new turning point.Against the backdrop of the entire sector still being undervalued, pharmaceutical companies have marched into the financial reporting season these days, providing a window for the market to evaluate their value and predict future development.TOT BIOPHARM COMPANY LIMITED (1875. HK) (hereafter referred to as TOT BIOPHARM), which submitted its interim report recently, has shown impressive business performance. So how should we view this report card of the company?1. Financial Report Highlights: Significant Transformation Results to Achieve A TurnaroundThe highlights revealed in the company's financial report can be summarized from the following aspects.Firstly, there is strong revenue growth and impressive results in turning losses into profits.In the first half of the year, TOT BIOPHARM reported operating revenue of 520 million yuan, a year-on-year increase of 59%, showing the strong growth momentum of the company's overall business. Among them, the growth in CDMO/CMO revenue is especially noteworthy, rising up to 144% year on year to 114 million yuan, and the product sales revenue reached 400 million yuan, a year-on-year increase of 44%, mainly by ongoing strong sales of core product Pusintin® (bevacizumab injection), demonstrating the solid foundation of the company's core business.It is worth noting that the company achieved a turnaround from loss to profit during the period, with a net profit of 31.559 million yuan in the first half of the year. This transformation not only reflects the profitability of the company's business, but also enhances market confidence in its future development.Secondly, there stands the company's excellent performance to generate revenue.The company's ability to generate revenue continues to strengthen, and the net cash flow from operating activities continues to show a positive trend. The data shows that the net cash flow from operating activities of 27.801 million yuan in the first half of the year presents the company's excellent cash flow management and capital operation capabilities.The core highlight of this report lies in the significant achievements of the company's strategic transformation.This is directly reflected in the strong growth of CDMO/CMO business.In the first half of the year, this business segment achieved a revenue of 114 million yuan, a year-on-year increase of 144%. It can be seen under the exponential growth that the company has successfully nurtured explosive growth points.Secondly, the transformation fruits are also reflected in the significant increase in the company's CDMO projects and the certainty of future growth.According to the financial report, the company added 20 new projects in the first half of the year, bringing the total to 115 projects. Among the new projects, 17 were ADC; In the meantime, 2 new pre-BLA (pre-biologics license application) projects have also been added, with a total of 8 in process. These projects will be directly linked to the commercial production of future products, providing the company with a clear path for performance growth and enormous commercial potential.In addition, the company’s backlog reached184 million yuan, a year-on-year increase of 104%. This remarkable achievement not only proves the strong driving force of the company's business, but also provides a guarantee for the stable growth of its future revenue.Besides, TOT BIOPHARM also features a firm determination and strategic vision for enterprise transformation in talent allocation and team building.TOT BIOPHARM has realized rapid expansion of its professional talent team in the CDMO field, with its talent structure constantly being optimized. According to the financial report, the number of CDMO team members increased by 29% to 492 compared to the same period last year, accounting for 86% of the total number of employees in the group. Meanwhile, in its core niche of ADC CDMO, its team size has also reached a year-on-year increase of 27%. This series of data reflects the company's emphasis and investment in CDMO business.Finally, the transformation achievements are also reflected in the continuous acceleration of the company's quality management system and multiple international recognition.High standard of quality management ensures the high standards and quality of the company’s products and services. Its quality management system can meet the GMP standards of China, the United States, and Europe, and has been widely recognized by the domestic and foreign industries, which provides pass for its products and services to enter the international market, facilitating the company’s global expansion.Furthermore, high-frequency GMP audits undergone further manifest the stability and reliability of the company’s quality management system. According to the data, as of June 30, 2024, the Group underwent more than 60 GMP audits cumulatively. This included passing the EU QP audit with zero defects on the first attempt, passing the official GMP audit directly on-site in Colombia, and passing the GMP audits in Indonesia, Egypt and other countries. Furthermore, the Group assisted its customers in completing inspections by their overseas partnering MNC pharmaceutical companies and other institution on multiple occasions, and successfully collaborated with its customers in completing the licensing with high recognition.In the fiercely competitive pharmaceutical market, quality is the key to standing out for enterprises. TOT BIOPHARM continuously improves its quality management system, and its achievements fully demonstrate the company's outstanding performance in quality management, which will help the company attract more investment and cooperation opportunities, and thus promote further business development.Overall, TOT BIOPHARM's financial report reveals the company's highlights in multiple aspects. These highlights not only demonstrate the company's current business strength, but also provide solid support for the company's future sustainable development and market competitiveness.Confidence to Rally from 3 Bottoms Ahead of the Industry?The valuation of the pharma industry is often affected by compounding factors in the capital market, and the industry is facing a multitude of challenging trends formed by three bottoms: policy bottom, fundamental bottom, and sentiment bottom.From a policy bottom perspective, the government continues to increase policy support for the pharma industry, providing a stable external environment and development opportunities for the industry.Since the beginning of this year, many regions have issued intensive policies to support pharmaceutical innovation to promote the high-quality development of innovative drugs in an all-round way. And just before this, on July 30th, Shanghai also issued the "Several Opinions on Supporting the Innovative Development of the Whole Chain of the Biomedical Industry", which triggered a heated response in the market. The policy support for innovative drugs will obviously bring new opportunities to the CXO industry, which is known as the "water seller" of innovative drugs.In terms of fundamental bottom, the entire pharma industry has shown weak performance in recent years. Nowadays, with the optimization of industry structure and the improvement of innovation capabilities, the fundamentals of the pharmaceutical sector are gradually improving, and those directions with sustainable profitability are becoming the focus of capital allocation.As regards sentiment bottom, after a long period of sluggish environment, the market is gradually recovering confidence in the pharmaceutical sector, and the recovery of investor sentiment will inject momentum for the valuation repair of the sector.In this context, as an pharmaceutical company, TOT BIOPHARM shows unique advantages in the industry, especially the series of gratifying changes in its fundamentals accompanying the transformation, enabling the company's value growth to be re-examined by the market.Since it shifted to biopharmaceutical CDMO in an all-round manner in 2020, the company has established new growth points from series of actions to layout in the CDMO field. This has withstood continuous verification.Looking ahead, with the increasing demand for global pharma R&D outsourcing services under the industry background, TOT BIOPHARM is expected to further expand its market share in the CDMO business and builds a strong engine for climbing new highs in revenue. Moreover, the company has successfully collaborated with its customers in completing the licensing multiple times, laying a solid foundation for the company's expansion into international markets.Focusing on biopharmaceuticals and emerging from the ADC field, TOT BIOPHARM has established a high-level domestic commercial production line that integrates antibodies, ADC substance, and drug products, and continues to build a cutting-edge ADC CDMO technology platform, representing the company's professional capabilities and technical strength in the field of biopharmaceuticals, especially ADC. Regarding the high technical barriers in the research and production of ADC drugs, TOT BIOPHARM has established a competitive advantage in the field of ADC CDMO with its high standard production line and technology platform, consolidating the company's market position in biopharmaceutical CDMO.Biologics, a well deserved hot field nowadays, contains broad prospects in the ADC market. According to Frost&Sullivan, the global ADC market is expected to grow at a high compound annual growth rate of 30.0% from $7.9 billion in 2022 to $64.7 billion in 2030. The rapid development of the ADC track will also provide broad incremental space for the ADC CDMO business market. TOT BIOPHARM, a pharma company with a deep layout in it, will undoubtedly continue to benefit.In summary, the combination of the three bottoms has brought opportunities for the pharma industry to navigate challenges, while TOT BIOPHARM, with its core competitiveness in the industry and comprehensive advantages in track layout, holds the potential to rally ahead of the entire industry. With the improvement of the market environment and the enhancement of the company's own strength, TOT BIOPHARM is expected to achieve both excellent performance and good valuation.3. ConclusionThrough in-depth analysis of the company and its pharmaceutical sector, TOT BIOPHARM's development potential and future prospects can be clearly seen in the current market environment.The core competitiveness of TOT BIOPHARM, especially its active layout in the biopharmaceutical CDMO business, indicates that the company will occupy a more important position in the future pharmaceutical market.It is believed that TOT BIOPHARM's subsequent market performance will also be worth waiting with the continuous growth of performance and the improvement of market recognition.26/08/2024 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com