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Reshaping Global Lubricant Supply Chains: Trump-Era Tariffs Driving Industry Pivot Toward Asia

SINGAPORE – Media OutReach Newswire – 17 July 2025 – With the global lubricants industry still adjusting to the lasting impact of U.S. trade policy enacted during the first presidential term of U.S. President Donald Trump, supply chains are undergoing dramatic shifts—and Asia is solidifying its role as the sector’s global hub. While the U.S. tariffs primarily targeted a broad range of Chinese industrial chemicals under Section 301, some specialty additives used in lubricant formulations were affected. In response, U.S. manufacturers have faced increased costs, sourcing uncertainties, and production delays, prompting a re-evaluation of procurement strategies. These disruptions have had ripple effects across the automotive, industrial, and specialty lubricant markets worldwide. Strategic Realignment: From the West to the East As regulatory complexity and economic uncertainty mount in the U.S. and European markets, many lubricant producers, OEMs, and blenders are redirecting investment and operational focus toward Asia. The region already accounts for the world’s largest share of lubricant demand and continues to post some of the fastest growth, driven by expanding industrialization and vehicle ownership. Asia’s strong manufacturing base, growing consumer markets, and expanding infrastructure for lubricant production make it an attractive destination for global expansion. Companies are deepening their presence in countries such as China, India, Malaysia, and Singapore—tapping into local production advantages, aligning with regional OEMs, and building supply chain resilience. The Asian Lubricant Exhibition 2025: Spotlighting the Industry’s Transformation The challenges—and potential advantages—of this strategic global shift will take center stage at the Asian Lubricant Exhibition 2025, held September 9–11 at the Suntec Singapore Convention & Exhibition Centre, Hall 403, Level 4. As Asia’s only dedicated trade show focused on the lubricants value chain, the event provides a timely platform for addressing trade disruptions, supply chain realignment, and emerging opportunities across the region. The exhibition and exhibitor presentations are open to the public, free of charge. Pre-registration is highly encouraged to be eligible for door prizes and exclusive onsite offers. Co-hosted by the Asian Lubricants Industry Association (ALIA) and F&L Asia Ltd., the three-day event brings together global players navigating today’s volatile landscape—from base oil producers and additive specialists to blending, packaging, quality and compliance services, logistics, and end-user service providers. With over 60% of booths already sold, and exhibitors including ExxonMobil, Chevron Oronite, CPC Corporation, Kangtai Lubricant Additives, Kemipex, Patech, Huntsman, Master Fluid, Axel Christiernsson, Metal-Chemie, ML Lubrication, Songwon, Vanderbilt, BRB, Hyrax Oil, and Universal Analytical, the exhibition offers a unique opportunity to showcase solutions that address the current challenges of global trade volatility—especially those tied to tariffs and regulatory pressures. Highlights Include: Exhibitor Presentations spotlighting supply chain innovations Training and networking events such as the Base Oil 101 Training Course and the ALIA Anniversary Dinner Executive Briefings on market forecasts and trade realignment The ALIA Sustainability Session on future-ready lubricant strategies Join the Conversation on Supply Chain Transformation Whether you’re a supplier, OEM, blender, technology provider, or logistics expert, this is the moment to engage with Asia’s lubricant leaders and align your strategy with where the market is headed. For booth bookings, program details, and registration, visit: https://fuelsandlubes.com/fl-exhibition/ Let’s shape the future of lubricants—together in Singapore. Hashtag: #AsianLubricantExhibition2025 #ALE2025 The issuer is solely responsible for the content of this announcement.

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SUNRATE Awarded In CNBC’s World’s Top Fintech Companies 2025 List

SINGAPORE – Media OutReach Newswire – 17 July 2025 – SUNRATE, the global payment and treasury management platform, announced today that it has been included in the prestigious CNBC’s list of the World’s Top Fintech Companies 2025. CNBC, a world leader in business news partnered with Statista, a global data and business intelligence platform, to identify the top fintech companies from around the world. The World’s Top FinTech Companies 2025 list is based on the analysis and weighting of overarching KPIs like Payments, Alternate Finance, Financial Planning, Digital Assets, Neobanking, Wealth Technology, Business Process Solutions, and Banking Solutions. These segment-specific KPIs were derived from the following research methods: Publicly Available Data Points: In-depth research into relevant KPIs for more than 2,000 eligible companies was conducted using publicly available sources such as annual reports, company websites, and media monitoring. Open Online Application: More than 100 companies had the opportunity to be considered for the top list by submitting relevant KPIs. “It’s a proud moment for SUNRATE to be recognised on CNBC’s list of the World’s Top Fintech Companies,” said Paul Meng, Co-founder of SUNRATE. “Since day one, our strategic vision has been to revolutionise global B2B payments by building a global clearing network and harnessing blockchain technology to deliver secure, efficient, compliant, and transparent cross-border payment solutions. This milestone reflects the trust our global clients place in us.” Meng added, “As we scale further, we remain focused on expanding our capabilities and global reach to support the full spectrum of businesses—from small and medium-sized enterprises (SMEs) to large corporates—empowering them to thrive in today’s fast-evolving global commerce landscape.” Hashtag: #SUNRATE The issuer is solely responsible for the content of this announcement. About SUNRATE SUNRATE is a global payment and treasury management platform for businesses worldwide. Since its inception in 2016, SUNRATE has been recognised as a leading solution provider and has enabled companies to operate and scale both locally and globally in 190+ countries and regions with its cutting-edge proprietary platform, extensive global network, and robust APIs. With its global business headquarters in Singapore and offices in Hong Kong, Jakarta, London, and Shanghai, SUNRATE partners with the top global financial institutions, such as Citibank, Standard Chartered, Barclays, J.P. Morgan and is the principal member of both Mastercard and Visa. To learn more about SUNRATE, visit https://www.sunrate.com/

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Brand New TV Show “AI for Humans” Officially Premieres Exploring the Limitless Potential of Artificial Intelligence in Hong Kong

HONG KONG SAR – Media OutReach Newswire – 17 July 2025 – The brand-new TV show “AI for Humans” will premiere on 19 July (Saturday) at 8:30 PMon HOY TV Channel 78. This 17-episode series focuses on Artificial Intelligence (AI), inviting viewers to explore how AI is shaping the future and driving Hong Kong to become a global innovation and technology hub. Supported by Cyberport and hosted by Mr Nicholas Chan Hiu-Fung, BBS, MH, JP, Hong Kong Deputy to the National People’s Congress and Cyberport Board Member, the programme brings together over 70 distinguished guests. These include senior government officials, representatives from key enterprises, unicorn companies, industry leaders, startup founders, academic experts, and investors, who will discuss AI’s applications and developments across various sectors. The series will showcase how Hong Kong leverages AI to advance smart city development, stimulate cross-industry synergy, and facilitate digital transformation across sectors. It offers viewers a comprehensive perspective on how AI is transforming urban landscapes, driving industry upgrades, and improving citizens’ quality of life. Over 70 Distinguished Guests include, but are not limited to: Professor Sun Dong, Secretary for Innovation, Technology and Industry Mr Simon Chan Sai-Ming, Chairman of the Cyberport Board of Directors Dr Rocky Cheng, Cyberport CEO Ir Tony Wong Chi-kong, JP, Commissioner for Digital Policy The Hon Rosanna LAW Shuk-pui, JP, Secretary for Culture, Sports and Tourism The Hon Mable CHAN, JP, Secretary for Transport and Logistics Mr Joseph Chan Ho-lim, JP, Under Secretary for Financial Services and the Treasury Ir Victor Tai Sheung-shing, JP, Under Secretary for Housing Mr Frank Yang Chin-Pang, Assistant Director (Property Management), Hong Kong Housing Society Mr Duncan Yau, Legislative Council Member (Technology and Innovation Constituency) Mr Hendrick Sin Hon-Tik, Chairman of the Artificial Intelligence Funding Scheme Advisory Committee Professor Alexander Wai Ping-Kong, President of Hong Kong Baptist University Professor Guo Yike, Director of the Hong Kong Generative AI Research Centre Professor Hongxia Yang, Executive Director of PolyU Academy for Artificial Intelligence, Associate Dean (Global Engagement) of the Faculty of Computer and Mathematical Sciences and Professor of the Department of Computing Ir Professor Thomas Ho On-Sing, Chairman of the Construction Industry Council Mr Alvin Kwock, CEO and Co-Founder of AIFT Mr Guo Yong, Founder and Chairman of China Film Niannian Dr Tao Xiaodong, Executive Director & GM of iFLYTEK Healthcare (2506 HK) Mr Sam Kwong, Senior Director of Platform at Klook Mr Calvin Ng, CEO of ZA Bank … And many more. Episode 1: Star-Studded Premiere – Hong Kong’s AI Ecosystem Unveiled “Policy, Industry, Academia, Research, and Investment” The highly anticipated first episode will air on 19 July 2025 (Saturday) at 8:30 PM, uncovering the intricate ecosystem of AI development in Hong Kong. The episode focuses on the collaboration between five key sectors: Policy, Industry, Academia, Research, and Investment, showcasing how these domains synergise to position Hong Kong as a leading smart city. Viewers will gain insights into how government policies are strengthening research capabilities, accelerating innovation commercialisation, and fostering a comprehensive innovation and technology ecosystem to give Hong Kong a competitive edge in the global tech race. Episode 1 Highlights: Prominent figures will share their visions, including Professor Sun Dong (Secretary for Innovation, Technology and Industry), Mr Simon Chan Sai-Ming (Chairman of the Cyberport Board of Directors), The Hon Rosanna LAW Shuk-pui, JP (Secretary for Culture, Sports and Tourism), The Hon Mable CHAN, JP ( Secretary for Transport and Logistics), Ir Victor Tai Sheung-shing, JP (Under Secretary for Housing) and Mr Joseph Chan Ho-lim, JP (Under Secretary for Financial Services and the Treasury). In the second segment, industry leaders such as Mr Mr Calvin Ng (CEO of ZA Bank), Mr Sam Kwong (Senior Director of Platform at Klook), and Dr Tao Xiaodong (Executive Director & GM of iFLYTEK Healthcare (2506 HK)) will discuss diverse AI applications, from finance and healthcare to tourism and academia. Sneak Peek: Upcoming Episodes “AI for Humans” will explore AI’s impact across various sectors in the following Episode 1 Strengthening Hong Kong’s AI Ecosystem through Collaboration:Policy, Industry, Academia, Research, and Investment Episode 2 Supercomputing and AI innovation in Hong Kong. Episode 3 & 4 AI applications in the financial sector, improving services, compliance, and efficiency. Episode 5 AI in smart tourism, enabling personalised travel experiences. Episode 6 AI-driven digital transformation in logistics and new opportunities in the low-altitude economy. Episode 7 AI breakthroughs in diagnosis, treatment, and patient management in healthcare. Episode 8 Generative AI’s role in arts and culture, preserving traditional Chinese heritage. Episode 9 The AI+ Era: Becoming an Irreplaceable Talent and Seizing Opportunities in the AI Field! Episode 10 Data Demystified: Practical Examples to Help You Understand the Power of Data-Driven Business! Episodes 11-16 AI applications in education, property management, transportation, construction, manufacturing, and cybersecurity. Episode 17 Future opportunities and challenges in AI ecosystems. Broadcast Schedule First-run: Saturdays at 8:30 PM, HOY TV Channel 78 Re-run: Sundays at 6:30 PM, HOY TV Channel 77; Tuesdays at 10:00 PM, HOY TV Channel 78 Online Viewing: Episodes will be available on HOY TV’s official online platform. Hashtag: #AIforHumans #HOYTV The issuer is solely responsible for the content of this announcement.

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SY Holdings Issues Positive Profit Alert for 1H 2025: Net Profit Expected to increase by approximately 20%, Platform-Based Tech Revenue Share Surpasses 50%

SHENZHEN, CHINA – EQS Newswire – 16 July 2025 – SY Holdings Group Limited (“SY Holdings” or the “Group”, Stock Code: 6069.HK), a leading digital-intelligence technology company focused on “AI + Industrial Supply Chains”, today announced a positive profit alert for the six months ended 30 June 2025. Net profit is expected to rise by approximately 20% year-on-year. The expected increase is mainly attributable to the following: 1. STEADY GROWTH IN PLATFORM SCALE Through its platform-based development strategy, SY Holdings leverages cutting-edge technologies such as AI Agent to deeply connect industrial ecosystem and data network. By capitalizing on its differentiated risk control model featuring “transaction-focused, entity-light”, SY Holdings delivers “abundant, fast, high-quality and cost-effective” platform-based services to support clients’ needs in working capital. As at 30 June 2025, the Platform has cumulatively facilitated over RMB277 billion in working capital solutions for its clients, representing a year-on-year growth of over 29%, while the cumulative number of clients served exceeded 19,100, with a year-on-year growth of over 14%. Among them, small and medium enterprises (“SMEs”) clients accounted for over 97% of the total, with first-time borrowers making up more than 30%. The Platform has also helped clients reduce financing costs by at least 30%. 2. RISING SHARE OF PLATFORM-BASED TECHNOLOGY SERVICES REVENUE Through its self-developed “SY Cloud Platform” (the “Platform”), SY Holdings has built an efficient intelligent bridge between the industrial and capital sides, accelerating the expansion of its asset-light operating model. On this basis, the company’s platform-based facilitation business accounted for 88% of total volume, while the proportion of revenue contributed by platform-based technology services has exceeded 50%. As of 30 June 2025, the Platform has connected with over 180 funding partners, representing a year-on-year increase of more than 30%. The Platform has become a key strategic partner for financial institutions in advancing their inclusive finance initiatives. 3. BREAKTHROUGH IN AI COMMERCIALISATION The Platform is deeply integrated with open-source artificial intelligence (“AI”) large models such as DeepSeek, Qwen and Doubao. Having undergone training and optimization with high-quality industrial data, the Platform can intelligently match project orders and procurement information based on clients’ product characteristics, sales records, production capacity and performance. Meanwhile, leveraging its industrial ecosystem and international market networks, SY Holdings assists ecosystem participants in precisely connecting with overseas demand, enabling them to efficiently carry out marketing, customer acquisition, opportunity seizing, and accelerating their integration into the global industrial supply chain. As of June 30, 2025, SY Holdings leveraged AI technology to deliver value-added services to its clients. Notably, by using AI agents to support clients in securing orders, SY Holdings achieved its first milestone of generating over RMB400,000 revenue through AI-assisted order acquisition. 4. E-COMMERCE: A NEW GROWTH DRIVER SY Holdings has successfully achieved a breakthrough from scratch in the new e-commerce sector in a short period of time. The company have successfully established a presence on five top-tier e-commerce platforms, unlocking a market with potential exceeding RMB10 trillion and access to over 10 million merchants. Leveraging its robust data connectivity and processing capabilities, SY Holdings empowers emerging businesses by providing actionable insights into key metrics such as sales performance, traffic trends, and inventory turnover. This enables merchants to stay ahead of the curve, predict consumer demands, and identify potential bestsellers with precision. Meanwhile, the company offers flexible working capital facilitation services based on real-time transaction data, helping merchants capitalize on every opportunity to drive growth and create blockbuster products. Additionally, SY Holdings has introduced Be Friends Holding Limited (Stock Code: 1450) as a strategic investor, enabling a rapid entry into the live-streaming e-commerce space. As at 30 June 2025, the cumulative amount of working capital facilitation in e-commerce segment has exceeded approximately RMB2.8 billion, representing an almost eightfold growth year-on-year. 5. AI-DRIVEN EFFICIENCY BOOST By harnessing the data processing and logical reasoning capabilities of AI large models, combined with ample computing power support from Wuxi Economic Development Zone, SY Holdings integrates and analyses vast volumes of unstructured data such as contracts, documents and public opinions in real time, dynamically generating the enterprise and transaction profiles. This significantly enhances risk control efficiency and avoiding transaction fraud risks. With the strategic investment from a subsidiary of XtalPi Inc. (Stock Code: 2228), SY Holdings receives strong technical support for the development of industrial AI Agents, while deploying innovations such as AI-powered document classification and smart contract review to drive cost reduction and efficiency improvements in collaboration with ecosystem partners. As at 30 June 2025, the per capita working capital facilitated for clients grew by nearly 27%. 6. VENTURING INTO THE ROBOTICS FRONTIER SY Holdings is a digital intelligence technology company focusing on “AI + Industrial supply chain”. In the face of the continuously growing service demand, the company is actively expanding into new tracks such as e-commerce, robotics and AI applications, it aims to assist SMEs in both precisely matching orders and providing differentiated working capital facilitation services. In the robotics sector, SY Holdings has established a strategic collaboration with Stand Robots (Wuxi) Co., Ltd. which is one of the global leaders in industrial intelligent robotics. This forward-looking initiative positions us to swiftly enter emerging industries, laying a solid foundation for sustained growth and innovation over the next decade.At the same time, SY Holdings continues to increase research and development investment and talent cultivation, and has obtained nearly 90 national invention patents and computer software copyrights, covering areas such as data verification, repayment prediction and risk control models. Up to now, SY Holdings has maintained profitability for 11 consecutive years and implemented a high dividend policy for 7 consecutive years, and has committed to a dividend payout ratio of not less than 90% conduct declaration and payment of dividends with payout ratio of no less than 90% for the financial years ending 31 December 2025 and 31 December 2026. Including the special dividend, the total dividend payout for the financial years ending 31 December 2025 is expected to reach approximately RMB950 million, implying a dividend yield exceeding 8.5%. Moving forward, SY

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This Summer, Take a Break with a Brick. Join LEGO® Group and Minifigure “Lok Jai” on a Joyful Journey Across 8 “Fun Spots” Explore Hong Kong’s Map of Happiness and Make the Most of Your Holiday

HONG KONG SAR – Media OutReach Newswire – 16 July 2025 – This summer, LEGO® Group teams up with popular minifigure Lok Jai to invite everyone in Hong Kong—young and old—to “Take a Brick” and enjoy a slower, more joyful summer! From July 12 to August 31, 2025, LEGO® Hong Kong presents the “Let’s Take a Brick” campaign, where Lok Jai will pop up at eight “Fun Spots” across the city to help you discover your own map of happiness, filled with relaxing and fun moments. Play AR mini game at “Fun Spots” to Unlock Lok Jai Cards and Bring Him Home! All “Fun Spots” across the city are equipped with AR mini game – scan the QR code and complete the designated task at each location to unlock Lok Jai collectible card. Then, head to any LEGO® Certified Store or the LEGOLAND® Discovery Centre Hong Kong with two or more Lok Jai collectible cards, to redeem a Build-A-Mini figure and bring Lok Jai home! This summer, Let’s Take a Brick! Let Lok Jai join you in playing, laughing, and shouting with joy—making it your most carefree and fun-filled holiday yet! Confide in the Treehole and Relax with LEGO® Brick Sounds The first “Fun Spot” is located at Dino Park on the 5th floor of Phase 1, New Town Plaza, where a delightful LEGO® experience awaits! At the entrance, you’ll find a 5-meter-tall LEGO® treehouse, where you can complete your “happiest summer building homework.” Inside, listen to relaxing music made with LEGO® bricks, helping you unwind and recharge. There’s also a 3-meter-tall Lok Jai photo spot where you can capture your most fun-filled moments. And don’t miss the fidget spinner building zone, where you can unleash your creativity and immerse yourself in the world of LEGO® bricks. Every scene is infused with signature LEGO® humor and joy! LEGO® “Fun Spot” – Dino Park Location: Dino Park, 5/F, Phase 1, New Town Plaza Date: July 12 – August 31, 2025 Event Hours: 7:00 AM – 10:00 PM LEGO® Treehouse Hours: 2:30 PM – 7:30 PM Chill Out with Lok Jai at West Kowloon Cultural District Lok Jai, your best summer buddy, is also waiting for you across multiple Fun Spots in the West Kowloon Cultural District—perfect for enjoying sunshine and art! At the High Lawn near Art Park, you’ll find a 3-meter inflatable Lok Jai holding a bright orange balloon, relaxing on a colorful picnic mat, inviting you to enjoy the breeze and your snacks. In front of the Hong Kong Palace Museum Lawn, creative Lok Jai becomes an artist, wearing a signature beret and holding a brush and palette. Join him in painting and feel the artistic vibes on the lawn! Next, head over to Harbourside Lawn East, now transformed into “Lok Jai Street,” where Lok Jai stands next to a Hong Kong-style street sign waiting for your classic “I was here” photo moment! As one of the best sunset viewing spots in Hong Kong, Harbourside Lawn West glows with magic during golden hour. Don’t miss your chance to snap a selfie with Lok Jai as the sky and sea are painted in dreamy shades of red and gold. Finally, unleash your creativity at the Secret Garden‘s Free Build Area, where you can build your imagination with LEGO® bricks, de-stress, and let your creativity take flight! Extra Perks! Unlock all 4 exclusive Lok Jai collectible cards in West Kowloon Cultural District, and you can enjoy up to 50% off special deals at designated shops. (See appendix for details.) LEGO® “Fun Spot” – West Kowloon Cultural District Locations: Art Park High Lawn, Hong Kong Palace Museum Lawn, Harbourside Lawn East and West Date: July 12 – August 31, 2025 Secret Garden Free Build Area Hours: 2:00 PM – 6:00 PM (Sat & Sun) Lok Jai Visits LEGO® Stores Too! Lok Jai is also appearing at three LEGO® Certified Stores across the city! Times Square, Causeway Bay – Lok Jai is enjoying a giant scoop of vanilla ice cream—can you resist? Langham Place, Mong Kok – Lok Jai is skateboarding and bursting with energy and joy. K11 Musea LEGOLAND® Discovery Centre, Tsim Sha Tsui – Lok Jai is ready for the beach with a floatie and goggles, inviting you to dive into a cool summer adventure! Limited-Time Offers Until August 31, 2025 Join the “Fun Spot” event and unlock two or more Lok Jai collectible cards to redeem a free Build-A-Mini LEGO® figure. Plus, enjoy special gifts with your LEGO® purchases! Receive a free 30689 Birthday Party Animals with any LEGO® boxset purchase. Spend $350 or more to get a LEGO® Yoyo, and $500 or more to receive an exclusive LEGO® Tote Bag. At the New Town Plaza LEGO® Certified Store, don’t miss the exclusive offer: spend $680 or more on any LEGO® boxset and receive a LEGO® Picnic Mat—available in limited quantities while supplies last. For more details, please follow the official LEGO® Hong Kong Facebook page and Instagram account. Appendix – LEGO® Let’s Take a Brick West Kowloon Cultural District Special Deals No Venue / F&B and Shop Special Offers Art Park & Freespace 1. PANO 10% off 9折 2. Café Bohème 港灣小館 A complimentary soft drink upon spending $200 (Dine- in only) 於餐廳內消費滿港幣$200可獲送汽水一杯 3. Hooman 10% off 9折 4. Lau Bak Livehouse 留白 12% off (dine-in only) 堂食88折 Xiqu Centre 5. Star Place 明星樓(粵菜宴會廳) Each customer can enjoy free dessert of the day for lunch 每位顧客於午市惠顧可免費獲贈是日精選甜品 6. Linong Tea 立農茗茶 10% off regular price products 正價貨品9折 7. Tong Tea 餇茶號 10% off 9折 8. Major Cellar 美酒滙 Enjoy $100 discount upon spending $1,000 買滿港幣1,000元可減港幣100元 9. Rex Music 域斯琴行 A complimentary class upon enrolling in any of the four instrument experience classes 報讀4堂樂器體驗課程額外贈送一堂 10. Eat East 波仔 10% off on regular price Eat East product 正價波仔產品9折 11. Kafook Florist 嘉馥花卉 12% off in-stock products (including preserved flowers, bouquets, floral materials, plants and orchids) 10% off flower baskets over HK$1,500 (Discount not applicable to discounted items and shipping fees) 任何現貨(包括保鮮花,花束,花材,植物及蘭花)88折

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Johnson Electric reports Business and Unaudited Financial Information for the First Quarter of Financial Year 25/26 and Formation of Joint Ventures in the PRC for Humanoid Robotics Business

HONG KONG SAR – Media OutReach Newswire – 16 July 2025 – This news release is made by Johnson Electric Holdings Limited (“Johnson Electric” or the “Company” and together with its subsidiaries, the “Group”) for the business operations and selected unaudited financial information of the Group for the three months ended 30 June 2025 and the formation of joint ventures in the PRC for humanoid robotics business. Business and Unaudited Financial Information for the First Quarter of Financial Year 25/26 The Group’s sales for the three months ended 30 June 2025 were US$915 million compared to US$935 million for the same period in the previous financial year, a decrease of 2%. Exchange rate movements had a favourable impact of US$9 million on the Group’s sales during the period. Sales of Automotive Products Group (“APG”) APG’s sales for the three months ended 30 June 2025 were US$765 million, a decrease of US$23 million or 3% compared to the same period in financial year 24/25. Excluding currency effects, APG’s sales decreased by US$30 million or 4%. The division’s sales changes by region, excluding currency effects, were as follows: Three months ended 30 June 2025 Asia-Pacific 9% Decrease Europe, the Middle East and Africa 2% Increase Americas 4% Decrease Total 4% Decrease In Asia-Pacific, sales decreased by 9%. Sales of products for closure, thermal management, oil pump and steering applications decreased, partially offset by increased sales of products for braking applications. The decline in sales in the region was primarily driven by significantly reduced demand for non-domestic car brands in China, a category where APG has historically maintained an above-average market share, as well as price adjustments made in response to competitive market conditions. However, accelerating growth in sales to domestic car brands in China partially offset this decline. In Europe, the Middle East and Africa (“EMEA”), sales increased by 2%. Sales of products for braking, oil pump, steering, engine and fuel management applications increased, partially offset by decreased sales of products for closure and vision applications. In the Americas, sales decreased by 4%. Sales of products for braking, oil pump and engine and fuel management applications decreased due to the phasing out of some programs and weak demand from certain customers. This decline was partially offset by increased sales of powder metal components. Sales of Industry Products Group (“IPG”) IPG’s sales for the three months ended 30 June 2025 were US$150 million, an increase of US$2 million or 2% compared to the same period in the previous financial year. Excluding currency effects, IPG’s sales increased by US$1 million or 1%. The overall performance reflects a mixed regional picture, shaped by varying market and customer dynamics. The division’s sales changes by region, excluding currency effects, were as follows: Three months ended 30 June 2025 Asia-Pacific 7% Decrease Europe, the Middle East and Africa 14% Increase Americas 5% Decrease Total 1% Increase In Asia-Pacific, sales decreased by 7%, primarily due to both IPG as well as some of its customers experiencing keen price competition in certain product segments, where the focus of purchasing decisions has shifted towards low cost over product application features and bespoke design. The decline was further exacerbated by certain customers postponing planned program launches. In EMEA, sales increased by 14%, due to the combination of the ramp-up of existing programs and new product launches, as well as replenishment orders from certain customers after their consumption of previous inventory surpluses. In the Americas, sales decreased by 5% mainly due to weak demand from certain customers and some programs reaching end of life. This was partially offset by increase in sales of piezo motors, which benefited from robust demand for medical drug-dosing systems as well as high-precision equipment utilized in semiconductor foundries. Chairman’s Comments on Sales Performance and Outlook Commenting on the first quarter’s sales performance, Dr. Patrick Wang, Chairman and Chief Executive, said: “Johnson Electric’s sales in the first quarter of the financial year compared to the same period in the prior year reflected the more subdued macroeconomic environment, as well as the impact of declines in the market share of non-domestic automotive OEM customers in China”. Concerning the outlook for the remainder of the financial year 25/26, Dr. Wang said: “Until a clearer picture of the global tariff landscape emerges, we can expect customers to remain cautious in their purchasing and investment decisions. In the short term, this is likely to be a drag on sales, though we remain encouraged by our pipeline of new product launches and new business developments that should underpin growth in the second half of the financial year”. Formation of Joint Ventures in the PRC for Humanoid Robotics Business The Company today announced that the Group entered into two equity joint venture agreements with Shanghai Mechanical & Electrical Industry Co., Ltd. (“SMEIC”) in relation to the formation of two equity joint ventures. The first joint venture will be incorporated in Shanghai which will primarily serve as a sales channel for products manufactured by the second joint venture, as well as support business development, research and development, application engineering, and customer service for humanoid robotic solutions in the People’s Republic of China (”PRC”). The second joint venture will be incorporated in Shenzhen which will serve as the engineering design, research and development, and manufacturing base for humanoid robot hardware modules and hardware system integration solutions. Each of the Group and SMEIC will invest RMB75 million in the two joint ventures. SMEIC is a leading PRC-based electromechanical equipment manufacturing company and is listed on the Shanghai Stock Exchange. “The two joint ventures are structured to complement one another – combining sales, business development and customer application support with product design, engineering, and manufacturing expertise. Together, they will enable the end-to-end delivery of high-performance humanoid robotic core components and subsystems to customers across the PRC.”, said, Austin Wang, Executive Vice President. “The formation of the joint ventures represents a significant milestone in the Group’s long-term strategy to expand its presence in the robotics sector.” Cautionary Statement Regarding

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Biotech Breakthroughs in Anti-Aging: Decoding the Hallmarks of Aging and the Longevity Code

The Hong Kong Society of Cosmetic Chemists (HKSCC) Invites Swiss Biotech Expert to unveil scientific truths behind aging Clinical Evidence Confirms Anti-Aging Efficacy of Plant-Based Stem Cell Exosomes – A Truly Effective Age-Defying Breakthrough HONG KONG SAR – Media OutReach Newswire – 16 July 2025 – From the popularity of anti-aging supplements and aesthetic treatments to Silicon Valley billionaires’ pursuit of immortality, the global wave of anti-aging is gaining momentum, and Hong Kong is no exception. Questions like “How to stay young?”, “Is NMN really effective?” and “At what age should you start anti-aging care?” have become part of everyday conversation. While many are eager to delay the signs of aging, few truly understand the science behind it. Dr Fred Zülli (second from right), Founder and Business Development Director of Mibelle Biochemistry, Francis Kwan (second from left), President of HKSCC, Cirrus Chu (first from left), Sales Director of TPMC International Limited and Fanny Cheung (first from right), Director of NF Essential Limited attended the anti-aging seminar. From Hallmarks of Aging to Scientific Action: Effective Solutions Revealed To address this knowledge gap, Dr. Fred Zülli, Founder and Business Development Director of Swiss-based biotech company Mibelle Biochemistry, was specially invited to Hong Kong to co-host a seminar with the Hong Kong Society of Cosmetic Chemists. The seminar provided an in-depth look at the latest advancements in Swiss anti-aging research, starting with the 12 “Hallmarks of Aging” theory published in the journal Cell. Dr. Zülli explained how Swiss biotechnology is strategically targeting these biological mechanisms of aging and translating scientific breakthroughs into practical applications in skincare and aesthetic medicine, making age-defying solutions a scientific reality rather than a distant ideal. During the seminar, Dr. Zülli also revealed several truly effective, science-backed methods to combat aging. Next-Gen Skincare Science: Goji Stem Cell Extract with Dual Action Power for Repair Exosomes have rapidly emerged as one of the most promising technologies in the skincare industry. According to market data, the global exosome market was valued at over US$140 million in 2023 and is projected to expand at 28% CAGR by 2030. In the U.S., Google searches for “exosomes” surged 17% in one year, evidence of rising consumer interest. Dr. Fred Zülli explains that exosomes are tiny vesicles that are released by cells into the extracellular space, rich in proteins, lipids, and nucleic acids. They can be derived from human, animals or plants cells, including plant stem cells, and reconstructed using liposome technology. These “cellular messengers” play key roles in intercellular communication, immune modulation, and drug delivery. When used in skincare or microneedling treatments, they accelerate wound healing, enhance skin regeneration, and deliver deeper, faster, and safer results. Exosomes offer dual benefits: they strengthen the skin barrier while activating deeper cellular repair, improving overall skin quality, reducing fine lines, and restoring firmness for true inside-out anti-aging effects. Clinically Proven Plant Stem Cells Go Beyond Surface-Level Skincare Swiss researchers at Mibelle have developed the PhytoCellTec™ Exosomes technology, using natural Goji Stem Cell Extract to stimulate exosome production. This powerful natural ingredient demonstrates “dual action”, promoting keratinocyte differentiation and the expression of epidermal growth and antioxidant-related genes to reinforce the skin’s outer barrier. Meanwhile, it reactivates mesenchymal stem cells (MSCs), boosting collagen synthesis and cellular vitality to enhance skin elasticity and density. Clinical studies show that a cream containing just 0.4% of Goji Stem Cell Extract significantly reduces fine lines and wrinkles after 56 days. Results can be seen in just 28 days with improved skin density and facial contour, and even firmness and lifting effects when applied to the breast area, showcasing its applications well beyond facial skincare. Exosomes in Daily Skincare and Medical Aesthetics With proven regenerative and wound-healing properties, exosomes are emerging as a viable alternative to stem cell therapies. As non-living biological elements, they are more stable and easier to handle. Exosome-based serums are particularly effective when used with microneedling, enabling deep skin repair and faster healing. Plant-derived exosomes have been shown to be bioavailable to mammalian cells and exhibit anti-inflammatory, antioxidant, anti-tumour, and skin-repairing benefits. Recent studies confirm their ability to combat skin aging, reinforcing their growing role in both cosmetic dermatology and everyday skincare. As this technology evolves, it promises a new era of personalized, science-backed beauty. Dual Stem Cell Formula: “Swiss StemGlow Jelly” Nourishes Youthful Skin from Within; The brand “LAB 91” Unveils Advanced Microneedle Skincare Powered by Deep Cellular Repair The Swiss StemGlow Jelly is an edible functional jelly formulated with dual stem cell active ingredients, Swiss apple stem cells and grape stem cells. These ingredients are renowned for enhancing cellular vitality, delivering antioxidant protection, and shielding the skin from UV damage. Meanwhile, LAB 91, a Swiss-made brand, specializes in microneedle skincare solutions. Its signature innovation, the Dual Plant Stem Cell Exosome Complex, combines rare Swiss apple stem cells with goji stem cells to deeply penetrate the skin and trigger cellular repair. Proven results include improved skin elasticity, lifted facial contours, and visibly diminished wrinkles. The brand offers a range of ampoule serums tailored to various skin concerns, including anti-aging, brightening and intensive repair. Together, the edible jelly and topical microneedle treatments deliver synergistic, cell-level rejuvenation from the inside out. Hashtag: #ESDLife The issuer is solely responsible for the content of this announcement. About ESDlife ESDlife, a joint venture of CK Hutchison (formerly Hutchison Whampoa) and Hewlett-Packard HK SAR, operates the award-winning website (www.esdlife.com) and establishes it as one of the most popular and trusted online lifestyle media in Hong Kong. The online platform of ESDlife is furnished with a wide range of lifestyles information under the categories of Wedding, Family and Health. In addition to the prominent No. 1 position of its Wedding Channel in Hong Kong, an e-commerce platform is provided to consumers by offering medical check-up ordering services. ESDlife also delivers integrated marketing and digital solutions to diversified corporate clients.

Media OutReach

Shopee Seller Summit 2025: Powering Resilient Growth with Malaysian Sellers

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 16 July 2025 – Shopee Malaysia brought together hundreds of local entrepreneurs at its annual Seller Summit, themed “Future of E-Commerce: Profitable Growth with New Wave Shoppers”. The 2025 edition focused on how sellers can deepen engagement, improve fulfilment, and expand regionally — all while tapping into smarter tools to grow sustainably. In her opening keynote, Shopee Malaysia’s Country Director Saovanee Chan-Somchit outlined key focus areas guiding the platform’s second-half 2025 roadmap – including seller sustainability, AI-assisted selling, content and affiliate growth, and fulfilment speed. These priorities reflect Shopee’s commitment to helping local sellers grow sustainably while adapting to changing buyer habits and a more competitive e-commerce landscape. “Our goal is to help sellers grow smarter, not just bigger – with tools and support designed to match how Malaysian buyers shop today,” she said. Driving Growth Through Content and Creators One highlight from the summit was Shopee’s expanding content ecosystem, including Shopee Live, Shopee Video, and YouTube Shopping via Shopee Affiliates, which together enable sellers to showcase products in engaging, real-time formats. Supported by a network of 650,000 registered affiliates, these channels help drive strong product visibility and conversion, and have become vital engines of traffic and trust for local sellers. These content formats are especially effective in reaching younger, high-intent buyers, such as Gen Z and Millennials, who increasingly rely on video reviews and influencer recommendations to inform their purchase decisions. To help sellers tap into this growing ecosystem, Shopee continues to invest in expanding its affiliate network. Initiatives like the Content Creator Club, Video Missions, and Stream-a-Thons incentivise more creators to join and produce high-quality content, ultimately giving sellers access to a wider pool of advocates to help boost product discoverability and engagement. Faster, Smarter, and More Flexible Fulfilment Shopee also unveiled upgrades designed to improve delivery speed and buyer experience, translating directly into better conversion and seller ratings: Same-Day and Next-Day Delivery have expanded nationwide, giving more buyers access to faster shipping options. Cross-State Next-Day Delivery is now available between Melaka and Negeri Sembilan, with more routes to be introduced progressively. This upgrade helps sellers reach nearby states faster, improving buyer satisfaction and increasing the chances of repeat purchases. Instant Delivery will be launched soon, offering on-demand doorstep arrival within hours — a convenient solution for sellers serving time-sensitive or last-minute buyers. This will be rolled out first in the Klang Valley, before being introduced across other regions over time. Sellers also benefit from Buyer Self Collect, now available at over 5,000 pickup points nationwide, and offering free shipping with no minimum spend. This not only helps buyers save on delivery costs, but also improves order completion rates by reducing failed deliveries and returns – giving sellers greater delivery flexibility and higher buyer satisfaction. Fulfilled-by-Shopee (FBS) Helps Sellers Scale Efficiently The summit also featured deep dives on Fulfilled-by-Shopee (FBS), a one-stop solution where Shopee streamlines the process of order fulfilment, from picking and packing to shipping. This enhances daily operations, reduces manual workload, and ensures buyers enjoy faster, more reliable deliveries. Key benefits for sellers include: Faster delivery, leading to better buyer satisfaction and higher repeat purchase rates Stronger handling metrics, including lower return rates and fewer order cancellations Exclusive perks, such as discounted fees, access to East Malaysia, and tools like virtual bundling These services are especially helpful for sellers managing campaign-day spikes or storage limitations, enabling them to scale operations efficiently without needing to invest in additional manpower or warehouse space. Smarter Tools That Lighten Sellers’ Operational Load Shopee also introduced tools to help sellers manage daily operations more efficiently. The AI Shop Chatbot automates responses to common buyer inquiries, allowing sellers to focus more on fulfilment and store optimisation. Meanwhile, visual support features like AI-assisted content generation help sellers enhance their product listings with minimal manual editing, enabling them to stay competitive with greater ease. Together, these solutions reduce repetitive work, increase conversion rates, and help sellers focus more on growing their business. In addition to these tools, Shopee also reaffirmed its commitment to seller sustainability, highlighting ongoing measures that help reduce the cost and complexity of doing business. These include fee exemptions for new and smaller sellers, and zero fees on essential goods. These policies aim to give sellers a more stable foundation to grow — especially in a competitive and cost-sensitive retail environment. Stronger Post-Purchase Support To enhance the overall selling experience, Shopee has streamlined its returns and refund process. The platform now covers select return shipping costs and offers clearer protections for sealed-item returns – helping to reduce disputes and strengthen seller confidence after the point of sale. Real Lessons shared by Shopee Sellers The summit concluded with a panel featuring successful sellers from KitaShopSabah, Sangla Foods, Pineng Malaysia, and Mari Mari Home, who shared insights on how they scaled their businesses on Shopee. “For double-digit campaigns, we always prepare by thinking about buyers’ point-of-view and adopt aggressive voucher strategies, making sure we capture buyers across different basket sizes. Making buyers happy translates into sales for us,” Fong Shu Ying, Senior Product Manager, Sangla Foods. “During campaigns my orders can reach over 7,000, so Shopee recommended that we join the Fulfilled-By-Shopee (FBS) programme. FBS has helped ensure all my parcels are packed properly, shipped on time, and has saved us the hassle of having to drop off our parcels ourselves. I’m now looking at onboarding my other stores to FBS as well,” Law How Keong, Managing Director, Pineng Malaysia. Their experiences highlighted how Shopee’s ecosystem of tools — from fulfilment support to campaign planning — helps sellers manage growth more effectively and deliver better outcomes for buyers. As Shopee marks 10 years in Malaysia, the platform reaffirms its commitment to empowering local businesses and helping them grow with confidence. From marketplace innovation to community-driven learning, Shopee continues to build practical solutions to support the sellers who have shaped its journey. Hashtag: #ShopeeSellerSummit The issuer is solely responsible for the content of this

News

BASF Petronas Settles Electricity Dispute for RM52 Million

BASF Petronas Chemicals Sdn Bhd has agreed to pay RM52 million to Petronas Gas Bhd, marking the full and final settlement of a long-standing dispute concerning electricity supply arrangements between the two companies. According to a filing by Petronas Gas with Bursa Malaysia, the settlement was concluded in the ordinary course of business and negotiated on an arm’s length basis. The company emphasised that the resolution is fair, reasonable, and conducted on normal commercial terms, while safeguarding the interests of minority shareholders. Petronas Gas stated that the agreement reflects ongoing commercial collaboration with BASF Petronas and allows both parties to avoid an extended dispute resolution process. The settlement helps mitigate potential uncertainties in revenue recognition and financial expectations. The dispute stems from a sale and purchase of electricity agreement entered into on 21 December 1998, along with supplementary agreements. Between 2018 and 2019, disagreements emerged regarding certain provisions of the electricity agreement, ultimately leading to the negotiated resolution announced. The RM52 million payment draws a line under the matter, reinforcing the commitment of both parties to maintain stable and commercially sound business relationships. -Bernama

ESG

Setia Federal Hill Earns Malaysia’s First LEED ND Platinum Certification

SP Setia Bhd has achieved a significant sustainability milestone with its Setia Federal Hill development in Bangsar, Kuala Lumpur, becoming the first project in Malaysia to be awarded the LEED for Neighbourhood Development (LEED ND) Platinum certification. The accolade, conferred by the U.S. Green Building Council (USGBC), was officially presented on 11 July 2025 at the Setia International Centre in Kuala Lumpur. It marks the highest possible rating under the LEED ND v4 framework and underscores SP Setia’s commitment to sustainable, inclusive, and resilient urban planning. Setia Federal Hill was assessed under the 2023 masterplan against criteria including smart location, green infrastructure, innovation, design, and regional impact. The project is designed to foster a walkable, low-carbon community in line with national sustainability objectives. In a statement, SP Setia Executive Vice President Liong Kok Kit expressed pride in the achievement, describing it as a validation of the company’s vision and collaborative effort. “This certification affirms our commitment to building sustainable, resilient, and inclusive communities. It is a testament to our collective vision, dedication, and collaboration that brought Setia Federal Hill to life,” he said. “This is a significant milestone, not only for Setia but also for the broader advancement of sustainable urban development in Malaysia,” he added. Setia Federal Hill spans 52 acres and carries an estimated gross development value (GDV) of RM1.4 billion. The development will comprise two residential towers, offering approximately 1,300 units. In collaboration with Japan’s Mitsui Fudosan, the first tower, Parkside Residences, is scheduled for launch in the second half of 2025. The certification reinforces SP Setia’s position as a leader in environmentally conscious real estate development, setting a new benchmark for integrated urban communities in the country. -The Star

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