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From Hong Kong to Global: Laservall Drives New Industrialisation and Microelectronics Innovation with HKD 300M Investment

HKSTP park company Laservall aims to advance high-precision laser technology with AI-driven automation, empowering advanced manufacturing through microelectronics innovation HONG KONG SAR – Media OutReach Newswire – 31 March 2025 – Laservall today announced a landmark HKD 300 million (USD 38 million) investment plan for the next five years. This strategic commitment focuses on R&D, manufacturing and technology enhancement, and tech talent development in Hong Kong. A key park company of the Hong Kong Science and Technology Parks Corporation (HKSTP), Laservall leverages Hong Kong’s strategic role as the “super-connector” between the Mainland and the global market to expand its investment for further operational advancement, benefiting from the city’s comprehensive innovation and technology (I&T) ecosystem and supportive policies for new industrialisation. Laservall underscores its long-term investment in Hong Kong at an event co-organised with HKSTP, celebrating the significant R&D milestone and marking the company’s expanding global footprint. Laservall today announced a landmark HKD 300 million (USD 38 million) investment plan for the next five years, celebrating the significant R&D milestone and marking the company’s expanding global footprint at an event co-organised with HKSTP. (From left) Mr. Vincent Lau, COO of Laservall; Ms. Dembai Cho, Co-founder of Laservall; Mr. Jeffrey Chan, CFO of Laservall; Mr. Andrew Kim, CEO of Laservall; Mr. James Kang, Chairman of Laservall; Ms. Jaeyon Lee, Consul (Commerce), Consulate General of the Republic of Korea in Hong Kong; Professor Sun Dong, Secretary for Innovation, Technology, and Industry; Ms. Lillian Cheong, Under Secretary for Innovation, Technology and Industry; Mr. Albert Wong, Chief Executive Officer of HKSTP; Mr. Oscar Wong, Head of Innofacturing of HKSTP; Ms Hilda Chan, Chief Marketing Officer of HKSTP, and Dr. Carmen Fung, Associate Director, Advanced Manufacturing and Microelectronics of HKSTP. The company is at the forefront of driving advanced manufacturing and microelectronics innovation, and is the exclusive provider for some leading global brands. Laservall specialises in micro laser jet soldering, cutting, and marking equipment for smartphone and EV camera modules. Its high-precision solutions and automation systems serve major global clients, including Samsung, LG, Tesla, BYD, and leading manufacturers such as Foxconn, Sunny Optical, Luxshare, and OFILM. Professor Sun Dong, Secretary for Innovation, Technology and Industry, said, “Laservall announces its plan of investing HKD 300 million over the next five years and doubling the size of its R&D team by 2026, and extending their R&D team eventually by sixfold by 2028. This not only reflects the company’s commitment to innovation but also its unwavering confidence in Hong Kong’s I&T industry. Its expansion at the Science Park is a perfect example of how it is leveraging Hong Kong’s unique role as a ‘super-connector’ and a ‘super value-adder’ to strengthen its presence in the global market.” He expressed confidence that more local companies, like Laservall, will step onto the global I&T stage and demonstrate the remarkable outcomes of Hong Kong’s R&D capabilities to the world in the near future. Albert Wong, CEO of HKSTP, remarked: “Laservall’s investment and growth exemplify the robust foundation Hong Kong provides for cutting-edge innovation. As the global leader in advanced manufacturing, the company’s continued commitment to R&D and its expansion in Hong Kong further solidify our city as a powerhouse for microelectronics and advanced manufacturing. This milestone is not just a win for Laservall but a significant boost to strengthening our global standing in shaping the future of new industrialisation.” Laservall: A Key Catalyst of New Industrialisation at the Heart of the HKSTP I&T Powerhouse The Hong Kong Special Administrative Region (HKSAR) Government is committed to advancing new industrialisation in Hong Kong with an industry-oriented approach to drive diversified economic growth. Comprehensive support is proactively provided to accelerate the development of strategic industries through initiatives such as the “New Industrialisation Acceleration Scheme” (NIAS), “New Industrialisation Funding Scheme” (NIFS), and the upcoming “Pilot Manufacturing and Production Line Upgrade Support Scheme (Manufacturing+)”. The HKSAR Government is actively connecting high-potential local and overseas companies to seize the promising opportunities of new industralisation in Hong Kong. In August 2024, a delegation from the HKSAR Government visited Laservall’s Smart R&D and Manufacturing Centre in Korea. The visit aimed to introduce various support measures to Laservall and strengthen collaboration on I&T between Hong Kong and Korea in strategic industries, including life and health technology, artificial intelligence and data science, advanced manufacturing, and new energy technology. James Kang, Chairman of Laservall, said: “Laservall is proud to be a park company of HKSTP. We are a technology-focused company with significant R&D investment to tailor innovations for our clients globally. This investment will drive advancements in AI-driven automation, real-time troubleshooting, and efficiency improvements.” The company also aims to double its global R&D workforce by 2026 and expand it sixfold by 2028, reinforcing Hong Kong as its global R&D headquarters, with potential plan to set up an advanced production base in the city.” Andrew Kim, CEO of Laservall, said, “The trend of utilising high-precision laser technology for camera modules is essential and rapidly gaining momentum across various industries. Hong Kong offers direct access to the vast Mainland market and international connectivity, supported by a robust I&T ecosystem, as well as favourable policies and measures for new industrialisation from the HKSAR Government and HKSTP. This gives us the confidence to expand our investments in the city, positioning us as pioneers of innovation for the next global success.” A New Chapter for Microelectronics Innovation from Hong Kong In March 2024, Laservall established an R&D centre at Science Park, focusing on customising its solutions for industries beyond mobile phone manufacturing, including the automotive and solar energy sectors. The integration of AI into manufacturing automation, combined with its commitment to advancing the microelectronics ecosystem, aligns seamlessly with HKSTP’s mission to accelerate industry transformation and drive cutting-edge technological advancements. With 270 microelectronics-related companies within its ecosystem, HKSTP is at the forefront of microelectronics development, offering extensive infrastructure that supports the entire product lifecycle. This includes the Microelectronics Centre (MEC) at Yuen Long InnoPark, along with specialised facilities such as the Hardware Lab, Sensor Lab, and Heterogeneous Integration Lab.

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Sihoo Concludes 2025 Brand Globalization Strategy Conference, Unveils Technology-Driven Vision for a Health-Centered Ergonomic Ecosystem

GUANGZHOU, CHINA – Media OutReach Newswire – 31 March 2025 – On March 29, 2025, Sihoo, a global leader in ergonomic furniture, successfully held its “2025 Brand Globalization Strategy Conference and Overseas Market Customer Appreciation Banquet” in Guangzhou. Themed “Driving Growth, Win Future,” Bringing together global partners, corporate executives, and industry leaders, the event served as a strategic milestone in Sihoo’s ongoing transformation from a domestic e-commerce leader to a globally integrated brand ecosystem. This event marked a defining moment in Sihoo’s international development—opening a new chapter in its globalization strategy. Sihoo Concludes 2025 Brand Globalization Strategy Conference, Unveils Technology-Driven Vision for a Health-Centered Ergonomic Ecosystem From Innovation to Impact: Sihoo Launches 2025 Strategy The summit began with a keynote speech by Sihoo Chairman Luo Huiping, titled “The Health Revolution of a Chair” in his opening remarks, Luo officially introduced Sihoo’s 2025 global brand strategy, marking a new chapter in the company’s international development. “Sihoo constructs its competitive barriers through product iteration and innovation,” Luo stated. “We are redefining the chair industry with technological strength, and fulfilling our commitment to ‘protecting users’ health through technology’ with ongoing innovation.” This strategic direction reflects Sihoo’s long-term focus on merging ergonomics, engineering, and user-centric design to drive the evolution of healthy seating solutions. With over 1.5 million ergonomic chairs sold annually and a presence in 85 countries, Sihoo has not only demonstrated remarkable commercial success but has also reshaped global perceptions of Chinese innovation in the health-tech furniture space. Its consistent dominance on major platforms like JD.com, Tmall, and Amazon—where it has ranked first in its category for four consecutive years. At the heart of this momentum is the C300, a flagship product that has led category sales across major e-commerce platforms for multiple consecutive years. Driving Innovation Through Strategic Investments Sihoo has invested 12–15% of its annual revenue into R&D, with a team of nearly 100 engineers and experts developing patented seating technologies. From its groundbreaking M18 with multi-dimensional lumbar support to the intelligent T6, which integrates massage, audio, and health monitoring systems, Sihoo has progressed through four generations of innovation. The company is now advancing toward a 5.0 “all-scenario workstation” to deliver comprehensive workplace wellness solutions. Luo emphasized the importance of offline expansion to support this evolution. Over the past five years, Sihoo has refined a single-store model and opened over 160 experience centers in China. Globally, the brand plans to open 200 new stores in 2025, reinforcing both its physical presence and its health-centric mission: “Every store we open brings us closer to protecting the well-being of more people.” Sihoo Advances Global Strategy with Local Precision During the summit, Sihoo’s leadership team presented a comprehensive overview of the company’s strategic roadmap for international growth. General Manager Liu Shuai outlined the brand’s long-term vision, emphasizing Sihoo’s dual commitment to expanding its global presence while deepening its specialization in ergonomic innovation. The company aims to lead across product development, brand influence, and market performance in key international markets. Building on this foundation, Sihoo’s 2025 strategy reflects a clear evolution from leading in isolated markets to orchestrating coordinated, multi-market growth. This next phase of expansion is underpinned by a business model transformation. Sihoo is evolving from a traditional distributor-led export structure to a hybridized “partner + regional entity” model. This structure enables more agile decision-making, tighter operational alignment, and deeper cultural and market adaptation across regions. It also signals a shift in the nature of Sihoo’s global partnerships—from transactional relationships to integrated, co-invested collaborations that align on long-term value creation. Sihoo’s global blueprint also integrates data-driven market selection, strategic store placement based on ergonomic awareness maturity, and differentiated product assortments tailored to local consumer profiles. With an infrastructure built for flexibility and supported by consistent branding, Sihoo aims to standardize excellence while allowing space for market-specific innovation. Chen Zhuo, General Manager for the Asia-Pacific, Africa, and Latin America regions, elaborated on Sihoo’s strategic approach to overcoming globalization challenges. . He emphasized that with a consistent annual growth rate of 30%, Sihoo is advancing its positioning as a global leader in ergonomic seating by combining diversified channel development with robust technological innovation. Chen noted that Sihoo’s flagship product lines continue to gain strong traction among high-end consumers, with brand recognition steadily rising. In 2024, the Doro series experienced year-over-year sales that more than doubled, signaling both growing brand equity and increasing acceptance of premium ergonomic solutions in international markets. As Sihoo expands its global retail presence—with its first overseas flagship store opening in 2023, followed by a second in 2024—the company is achieving balanced growth across both retail and contract sales channels. This integrated, omnichannel strategy is driving comprehensive improvements in Sihoo’s global market performance. Global Partner Perspectives: Strategic Alignment Through Shared Success As part of the summit, partners from three key international markets—Australia, Thailand, and the Philippines—joined the event to share practical insights from their collaboration with Sihoo. Their contributions provided firsthand perspectives on how localized execution, combined with Sihoo’s global brand strength, has driven market success. Together, these insights reveal that Sihoo’s global ambition is powered not only by product strength but by its ability to co-create value with local partners. The depth of collaboration—rooted in strategic alignment, market insight, and shared long-term vision—is what enables the brand to adapt, thrive, and lead in diverse global markets. Recognizing their contributions, Sihoo presented awards to its partners—”Brand Navigator,” “Strategic Guardian,” and “Market Pioneer”—reinforcing a shared commitment to mutual growth and lasting value. Looking Ahead: Advancing Global Strategy Through Innovation and Partnership The successful conclusion of the 2025 Brand Globalization Strategy Conference and Overseas Market Customer Appreciation Banquet marked a key milestone in Sihoo’s internationalization journey. The event facilitated in-depth communication between the company and its global partners, showcased its technological leadership, and reinforced its commitment to long-term strategic collaboration. With strong engagement from industry stakeholders and partners across multiple markets, the summit provided a clear affirmation of Sihoo’s global positioning and strategic direction. At the same time, Sihoo will maintain high investment

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Huatai Securities Reports Record 2024 Earnings and Advancement in Internationalization

HONG KONG SAR – Media OutReach Newswire – 31 March 2025 – Huatai Securities Co., Ltd. (the “Company”; stock codes: 601688.SH, 6886.HK, HTSC.L), a leading technology-driven comprehensive securities company in China, released its consolidated financial results for the year ended December 31, 2024, reporting record revenue and profit, alongside substantial progress in its internationalization strategy. Annual Highlights: In 2024, the Company continued to execute on strategic priorities, contributing to net revenues of RMB 54.29 billion, net earnings of RMB 15.35 billion, and diluted EPS of RMB 1.62, achieving the highest results for each. The Company announced a final payout of RMB 5.2 per 10 shares (including tax), reinforcing its commitment to shareholder value. The investment banking business led the Mainland market, ranking first in STAR Market and ChiNext IPOs, and first in M&A activities. The Company expanded its presence in Singapore, Japan, Vietnam, leveraging operations across Mainland China, Hong Kong, the US, the UK, and Singapore. The Company drove growth across its comprehensive financial services, including investment banking, wealth management, and institutional services, through technology-driven initiatives. The Company made significant progress in the following areas: Investment Banking Excellence The preeminent global investment banking business leveraged industry insights and deep expertise to help clients seize new opportunities, unlocking growth and driving transformation. Ranked first in IPO underwriting on the STAR Market and ChiNext, Huatai Securities achieved a total IPO underwriting volume of RMB 8.5 billion, ranking second in the A-share market. The Company maintained a leading position in M&A advisory, particularly in restructuring project reviews. Additionally, it secured second place in equity underwriting with RMB 54.9 billion and achieved third place in bond underwriting, with a total volume of RMB 1,296 billion. In 2024, the Company ranked third in the total number of Hong Kong IPOs across the market and third among Chinese securities firms in terms of funds raised. Huatai Securities solidified its leading position in China’s capital markets by supporting innovation-driven enterprises. Since 2012, the Company has been a critical catalyst for technological innovation, backing over 270 technology companies with a collectively market capitalization of RMB 9.47 trillion. In 2024, this commitment continued with support for over 10 “Little Giants” and specialized medium-sized enterprises endorsed by China’s Ministry of Industry and Information Technology. Global Reach Accelerates Huatai Securities expanded its international footprint in 2024, demonstrating resilience in navigating volatile overseas markets. Huatai Financial Holdings (Hong Kong) became a lead underwriter in Tokyo’s PRO-BOND market, while Huatai Securities (USA) gained Nasdaq underwriting membership. Additionally, a subsidiary of Huatai International, operating as a Chinese securities firm, successfully obtained a securities trading license in Vietnam. The Company’s Global Trading Platform (GTP) now connects Hong Kong, the U.S., the U.K., and Singapore 24/7, enhancing cross-border capabilities. Research output surged, with 587 overseas reports (up 96% year-on-year) covering U.S., European, Japanese, and Southeast Asian markets, and stock coverage increased by 65%. Advancing Through Technology To meet the evolving demands of institutional clients, Huatai Securities continued upgrading core trading infrastructure such as FICC HEAD platform and CAMS (Credit Analysis Management System). The tech-powered transformation enabled the Company to lead in market-making in the STAR Market with 126 stocks and fund liquidity services with 589 funds, while dual-counter RMB-HKD trading achieved full coverage and increased market share. The Company was awarded “2024 Top Market Maker – RMB Counter” by HKEX. On the retail front, “ZhangLe Fortune Path” app, the Company’s mobile wealth management platform, is deepening AI integration to enhance client services, delivering sophisticated ETF tools for product selection and trading strategies, thereby boosting client and asset growth. Huatai Securities’ fund distribution ranked second among securities firms, with AUM of equity fund reaching RMB 120.2 billion. The Huatai-PineBridge CSI 300 ETF approached RMB 360 billion, leading non-money-market ETFs in Shanghai and Shenzhen. Sustainability and Governance Huatai Securities’ MSCI ESG rating rose to AAA in 2024, the highest among global investment banks, up from AA, marking two years of steady progress. Through its Huatai Foundation, rated 5A in Jiangsu’s social organization assessment, the Company advanced rural revitalization, education, and eco-initiatives such as “One Yangtze River”, promoting Other Effective Area-Based Conservation Measures (OECM) in China, which were presented at COP16. Looking Ahead Huatai Securities will continue its strategic focus on leveraging technology to enhance its wealth management and institutional services. By integrating resources across the business chain, the Company will further deepen its internationalization strategy, aiming to become one of the leading global investment banks providing top-tier professional financial services. Hashtag: #Huatai The issuer is solely responsible for the content of this announcement. About Huatai Securities Incorporated in April 1991, Huatai Securities is a leading technology-driven securities group in China, with a highly collaborative business model, a cutting-edge digital platform and an extensive and engaging customer base. It provides comprehensive financial services to individual and institutional clients, including wealth management, investment banking, sales and trading, investment management, among others, with a substantial international presence.

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EFT Solutions Partners with Bonum to Establish Cooperation with Mongolbank

Facilitated by eftPay, “T-Card” in Mongolia Makes its Overseas Debut in Hong Kong HONG KONG SAR – Media OutReach Newswire – 31 March 2025 – EFT Solutions Limited (“EFT Solutions” or the “Company”), member of EFT Solutions Holdings Limited (together with its subsidiaries, the “Group”; stock Code: 8062.HK), a leading electronic fund transfer point-of-sales (“EFT-POS”) solutions provider in Hong Kong, is pleased to announce that the Company and its partner Bonum LLC, a payment services provider in Mongolia, are collaborating with Mongolbank, the central bank of Mongolia. With the technical support from EFT Solutions and payment acquirer from eftPay, the trios have successfully facilitated the expansion of the “T–Card,” a major payment card issued by Mongolbank in Mongolia, into Hong Kong markets, with its inaugural deployment in Hong Kong merchants. According to the latest statistics, there are over 2 million T-Cards currently in circulation in Mongolia, accounting for more than 45% of the total number of payment cards. Furthermore, the total transaction volume of T-Cards exceeds 40% of the overall market. Breaking away from the prior limitations to domestic use, EFT Solutions, in collaboration with Bonum LLC, developed a tailored electronic payment terminal solution for the T-Card. This solution successfully integrates the card into their payment system to allow for seamless connectivity to various EFT-POS terminals, enabling its use in overseas markets. Along with the technical development of eftPay, the T-Card successfully made its overseas launch. It is introduced as a payment method in selected restaurant partners in Hong Kong. Local travelers visiting Hong Kong can simply use the T-Card for payments, facilitating their spending in the city. Looking ahead, eftPay plans to gradually expand the T-Card to other local merchants, catering to the electronic payment needs of Mongolian tourists visiting Hong Kong. Mr. Andrew Lo Chun-kit, Chairman and CEO of EFT Solutions said, “we are honored to be the first Hong Kong partner of Bank of Mongolia in regards to ePayments technology. Together we will accelerate local digital transformation. While driving Hong Kong to become a smart city, we are also responding to the HKSAR government’s initiative in promoting the interconnectivity of e-payments across the regions. We will continue to actively explore various overseas smart city projects to seize international market opportunities.” In addition to the T-Card, the Group is dedicated to expanding its international footprint, including entering a memorandum of understanding with a digital bank in the United Arab Emirates (UAE) last year, thereby preparing for future collaboration. Click here to download more HD photos. Hashtag: #EFTSolutions #俊盟國際 The issuer is solely responsible for the content of this announcement. EFT Solutions Limited EFT Solutions Limited, member of EFT Solutions Holdings Limited (Stock Code: 8062.HK) has been committed to providing a full range of electronic payment solutions, supporting software and peripheral devices, to bring convenience to Hong Kong citizens and make their life better. In recent years, EFT Solutions has been actively expanding into overseas markets, establishing a presence in countries such as Taipei, Malaysia, and Singapore. It aims at providing the most suitable electronic payment solutions for different client, as well as providing add-value function for EFT-POS terminal, and coordinating terminal installation and maintenance service. Its EFT-POS terminal service covers renowned restaurant group, railway company, banks, major chain stores and department stores in Hong Kong. Website: www.eftsolutions.com

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HGC and CAHK Jointly Organize the “ICT Open Day” for 2025 World Telecommunication and Information Society Day Hong Kong

Encouraging students to leverage innovative technologies to enhance social equality Continuing the mission of nurturing ICT talent HONG KONG SAR – Media OutReach Newswire – 31 March 2025 – HGC Global Communications (“HGC” or “the Group”), a fully-fledged ICT service provider and network operator with extensive global coverage, has once again co-organized the “ICT Open Day” with Communications Association of Hong Kong (CAHK). Held last Saturday (29 March), the event opened up the 24×7 Cybersecurity Research and Operations Center (CROC) located in Cyberport to 34 secondary school students and teachers, allowing them to witness firsthand the applications and practices of advanced cybersecurity solutions that were showcased. The event also allowed the Group to continue honoring its commitment to nurturing the next generation of ICT talent by offering career talks and one-on-one counseling. Consequently, the students gained greater clarity in education and career opportunities, enabling them to better prepare for setting their personal goals. HGC and CAHK jointly organize the ICT Open Day for 2025 World Telecommunication and Information Society Day Hong Kong HGC has fully championed this year’s “ICT Open Day” theme — “Enhance Equality in Our Society with AI in Communications”. Its cybersecurity team welcomed the students and teachers from Po Leung Kuk Yao Ling Sun College, S.K.H. Chan Young Secondary School, and Hong Kong Baptist University Affiliated School Wong Kam Fai Secondary and Primary School, gave them an in-depth tour of CROC. Moreover, the team helped the visitors explore the application of AI in cybersecurity solutions. During the visit, the cybersecurity experts demonstrated the Center’s most advanced protection technology — “Fusion Armor” monitoring system, highlighting its powerful features, which include attack simulations, vulnerability scanning, AI-driven threat detection, incident response plan reviews, and dark web monitoring. This experience helped the students understand the importance of AI in creating a cybersecure environment that fosters equality and inclusivity in society. By learning about the various operational and functions of the CROC, the students have not only gained insights into how innovative technologies can promote social equality, but also are more aware of the need to promote social responsibility and equity with the application of innovation and technology. With the rapid development of innovative technologies, ICT professionals are playing an important role in solidifying Hong Kong’s status as a global ICT hub, and therefore HGC has remained committed to nurturing ICT talent. HGC firmly believes in the power of future innovators and thus the Group’s human resources representatives shared insights into the ICT industry ecosystem, employment guidelines, and career opportunities, explaining the possibilities within the ICT field from various aspects at the “ICT Open Day”. They also offered professional, practical, and specific advice; conducting one-on-one consultations, answering questions about further studies, resume writing, interview tips, and more – helping the students establish a solid foundation for pursuing their career goals. Daniel Ho, Vice President – Unified Cyber Security and Digital Transformation Solutions at HGC, said, “HGC is delighted to participate once again in ‘ICT Open Day’ as this meaningful event allows us to engage with future elites. Through this gathering, we are able to showcase the Group’s capabilities as a leading telecommunications operator and fully-fledged ICT service provider, while at the same time helping students understand how to leverage emerging innovative technologies to promote positive societal development. For example, our ‘Fusion Armor’ monitoring system at the CROC has been upgraded to the highest security standards, ensuring 24×7 cybersecurity protection for enterprises. HGC is committed to nurturing local ICT talent and hopes that with our expertise, industry familiarity, and unique insights, we can effectively navigate future developmental trends in this field, making Hong Kong an international ICT hub for emerging talent.” The World Telecommunication and Information Society Day Hong Kong is organized by CAHK. The “ICT Open Day” is one of its key events, and is aimed at raising awareness and interest in ICT among the youth and academic communities. Hashtag: #HGC https://www.hgc.com.hk/https://www.linkedin.com/company/hgc-global-communications/https://www.facebook.com/HGCbroadband/https://www.instagram.com/hgc.broadband The issuer is solely responsible for the content of this announcement. About HGC Global Communications Limited HGC Global Communications Limited (HGC) is a leading Hong Kong and international telecom operator and ICT solution provider. The company owns an extensive network and infrastructure in Hong Kong and overseas and provides various kinds of services. HGC has 20 global offices and staff presence in 33 cities worldwide. It provides telecom infrastructure service to other operators and serves as a service provider to corporate and households. The company provides full-fledged telecom, data centre services, ICT solutions and broadband services for local, overseas, corporate, SME and mass markets. HGC owns and operates an extensive fibre-optic network, five cross-border telecom routes integrated into tier-one telecom operators in mainland China and connects with hundreds of world-class international telecom operators. The company is committed to further investing and enriching its current infrastructure and, in parallel, adding on top the latest technologies and developing its infrastructure services and solutions. In 2019, HGC Group completed the acquisition of Macroview Telecom Limited (Macroview), a leading digital technology solution and managed services provider. The addition of Macroview further accelerates HGC Group’s digital transformation path and positioning as a pioneering ICT and digital services leader. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities, transport, social infrastructure, digital infrastructure, and environmental infrastructure in North America, Europe, Latin America and Asia. To learn more, please visit HGC’s website at: www.hgc.com.hk

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YesAsia Holdings 2024 Annual Revenue and Net Profit Hit Historical High of US$345.78 Million and US$19.04 Million Respectively

Global Footprint and B2C-B2B Synergies Drive Long-term Development Results Highlights Revenue surged by 71.7% to historical high of US$345.78 million. Net profit hit historical high and grew by 151.5% to US$19.04 million, net profit margin improved by 1.7 percentage points to 5.5%. The Board of Directors has recommended a final dividend of HK7.5 cents per share. The Business-to-Customer (B2C) YesStyle Platforms recorded revenue of US$265.64 million, up 67.4%, contributing 76.8% of the Group’s total revenue, and continued to be the most visited platform for Asian beauty products in major overseas markets. Revenue of the Business-to-Business (B2B) platform AsianBeautyWholesale up by 100.2% to US$77.67 million, contributing 22.5% of the Group’s total revenue. The YesStyle Influencer Program, with approximately 403,000 unique influencers across various social media platforms, contributed 27.6% of revenue to YesStyle Platforms. HONG KONG SAR – Media OutReach Newswire – 31 March 2025 – YesAsia Holdings Limited (“YesAsia Holdings”, and together with its subsidiaries, the “Group”) (02209.HK), a leading e-commerce platform operator recognized for its expertise in identifying and procuring quality Asian beauty and lifestyle products, announced its annual results for the year ended 31 December 2024 (the “Year”). The Group’s revenue rose by 71.7% to US$345.78 million, owed mainly to the notable contribution from beauty products via the YesStyle Platforms and AsianBeautyWholesale (“ABW“). Gross profit increased by 68.1% to US$105.39 million, and gross profit margin remained stable at 30.5%. As a result, profit for the Year reached US$19.04 million, a 1.5 times leap, and net profit margin improved by 1.7 percentage points to 5.5%. Basic earnings per share were US4.74 cents (2023: US1.91 cents). As at 31 December 2024, the Group was in a healthy financial position with bank and cash balance and unutilized bank facilities amounting to US$39.82 million (2023: US$31.83 million), laying for it a solid foundation for future development. To reward shareholders for their long-standing support, the Board of Directors has recommended payment of a final dividend of HK7.5 cents per share (2023: HK5 cents per share). Enhancing Logistics and Marketing Capabilities to Support Global Expansion The Group has made market diversification its priority for meeting rising global demand for Asian beauty products, as well as for securing multi-regional revenue streams to help it mitigate geopolitical and trade risks on its performance. The approach has yielded exponential growth in non-core markets, which accounted for 50.2% of the Group’s total revenue during the Year, increasing by 117.0% and outpacing the revenue growth of core English-speaking markets (the US, UK, Australia, and Canada) for the second consecutive year. Key drivers included the robust demand in European hubs like France and Germany, and emerging regions such as Latin America and the Middle East, where appetite for Asian beauty products has been rapidly rising. To fuel expansion, the Group enhanced its marketing capabilities across 40 European countries, 19 Spanish-speaking Latin American countries, and 25 Arabic-speaking countries. YesStyle Platforms bolstered localization efforts to ensure seamless access for its diverse global consumer base. An Arabic-language website was launched, expanding its multilingual support to eight languages, including French, German, Spanish, Italian, Dutch, English, and Chinese. A dedicated regional office in Berlin, Germany further strengthened on-the-ground marketing, combining European and Arabic language expertise to drive regional engagement. Moreover, the Group optimized its global logistics network across Hong Kong, the US, and Europe, enabling faster, cost-effective delivery worldwide while advancing supply chain agility. A second autonomous mobile robotics (AMR) warehouse in Hong Kong, slated for operation in April 2025, will become the Group’s largest automated facility, set to help improve operational efficiency and flexibility. Bridging Asian Beauty Demand through Expanded B2C-B2B Networks The Group’s B2C and B2B segments both delivered robust performance in 2024, with the latter deemed as a key future growth driver. YesStyle Platforms solidified the market-leading position as the most-visited platform for Asian beauty products in major overseas markets, including the US, UK, Australia, Canada, France, Germany, Italy, Netherlands, Spain, Poland, Greece, Belgium, Mexico, Chile, Peru, United Arab Emirates and Kingdom of Saudi Arabia. 1 Three major sales campaigns mounted in 2024 were significant sales boosters, lifting average sales quantity up by between 300% to over 2,000%. In total, nine seasonal campaigns, including the three proven, have been planned for 2025, to reinforce the platforms’ capacity to engage global beauty enthusiasts. The YesStyle Influencer Program generated US$73.29 million in referral revenue and launched a comprehensive account management service. Twenty brands joined this Year to benefit from content creation and ongoing engagement for optimal brand alignment and audience reach. Building on the success of its B2C business, the Group strategically expanded ABW‘s operation during the Year to capture soaring wholesale demand for Asian beauty products. Enhancement initiatives included establishing dedicated teams serving various clients to facilitate wholesale orders of different requirements, as well as partnerships with high-street retail chains to strengthen the visibility of Asian beauty brands in offline retail spaces. One of the alliances ABW formed this Year was with Kiokii Inc., a leading Canadian beauty chain, marking its formal entry into the offline retail market in North America. ABW not only supplied them with the latest seasonal products but also supported their marketing plans with big data analytics. These efforts brought measurable growth in the early stage of expansion of B2B business, with customer numbers rising 3.6%, orders surging 50.8%, and average order size swelling 32.7% year-on-year, reflective of its strong scalability and potential to become one of the pillars to support the Group’s long-term growth. Mr. Joshua Lau, Founder, Executive Director and Chief Executive Officer, said: “The global passion for Asian beauty, led by K-beauty, is currently riding a rising tide. As a market leader, YesAsia is accelerating strategic investments to tap that growth momentum. Our second smart warehouse to start operation in April 2025 will redefine speed and scale for us, and our B2B expansion efforts will unlock new partnerships. Innovation gives us the drive, but agility is what defines us. We will address broader market uncertainties by maintaining vigilance and adjusting strategies as needed. Supported by established

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In Taiwan, 71% of employers struggle to fill key roles amid growing talent shortages

40% believe their employer ‘copies’ competitors in order to keep workplace relevant TAIPEI, TAIWAN – Media OutReach Newswire – 31 March 2025 – Taiwan’s talent shortage continues to escalate, with the National Development Council forecasting a 480,000 workforce gap by 2030. However, businesses are already experiencing the pressure. The latest survey from Robert Walters, the world’s most trusted talent solutions firm, reveals that 52% of companies in Taiwan plan to expand hiring in 2025while 71% of employers report difficulties in filling critical positions, with nearly half (49%) struggling to recruit mid-to-senior level professionals. In an increasingly competitive hiring market, businesses are transforming their recruitment and retention strategies. Robert Walters’ research reveals that 40% stated that ‘what other companies do’ is the leading factor driving change in their workplace – followed by the company’s financial position, the wider economy, and lastly ‘what professionals want.’ In Taiwan, 51% of employers identify intense competition among companies as a significant hurdle to talent acquisition and retention. John Winter, Country Manager of Robert Walters Taiwan, emphasises: ” The competition for top talent is intensifying. The most forward-thinking companies are prioritising adaptability, digital transformation, and a people-centric approach to stay ahead. As external competition increasingly drives workplace change, the key to success lies in agility, innovation, and cultivating a culture where top talent can thrive. Those who embrace this evolution will set themselves apart in the shifting landscape.” To help organisations navigate this rapidly evolving landscape, Robert Walters has launched the latest Talent Trends 2025 Report, which explores key global workforce trends and strategic insights for talent attraction and retention. The Biggest Workplace Trends in 2025 AI in recruitment Human-centric leadership Treat your candidates like customers Rethinking remote working Window working Career lattice vs ladder Un-retiring Preparing your people for the jobs of tomorrow Work-life balance & human-centric leadership: the keys to attracting and retaining talent The Robert Walters 2025 Salary Survey finds that professionals in Taiwan prioritise three key factors when considering job opportunities, “Bonus scheme” (95%), “Flexi/remote working” (75%), “Extended holiday/sabbatical/holiday entitlement” (73%). This reflects a growing demand for work-life balance and flexibility among job seekers. However, the “return-to-office” movement driven by businesses in 2024 has clashed with employee expectations. According to the Robert Walters Talent Trends 2025 Report, organisations that prioritise a people-first leadership approach—centered on inclusivity, empathy, and employee well-being—are more successful in attracting and retaining top talent. Companies that foster flexibility, psychological safety, and a well-being-focused workplace gain a competitive edge in employee engagement and retention. As a result, innovative hybrid work models, such as the “four-day workweek” and “window working” continue to gain traction. As a rising flexible work model, “window working” allows employees to structure their work schedules around peak productivity hours rather than adhering to traditional fixed hours. This enhances efficiency and job satisfaction while enabling employees to balance professional and personal commitments. By adopting this model, companies can enhance job satisfaction and productivity while maintaining team collaboration and business continuity. John Winter, Country Manager of Robert Walters Taiwan, shares: “Empathy-driven leadership and workplace flexibility will be key to organisational success in 2025, helping businesses enhance employee satisfaction and productivity.” 94% of employees stay longer with companies that prioritise career development – a shift from rigid career ladders to dynamic career lattices! The latest Robert Walters research reveals that 94% of employees are more likely to stay with companies that invest in career development. This underscores the importance of learning & development (L&D) programmes in talent retention strategies. Furthermore, traditional career progression models are evolving. Instead of the rigid career ladder, professionals now favour a career lattice model, where lateral moves, cross-functional experience, and skills-based growth take precedence over hierarchical promotions. With 39% of workplace skills expected to change by 2030, companies must proactively upskill employees in both technical and soft skills to remain competitive. In Taiwan, 92% of companies have already implemented diverse strategies, such as enhancing L&D programmes and easing hiring requirements, to address talent shortages and meet organisational needs for skilled professionals. AI in recruitment: accelerating hiring while maintaining human-centric decisions As AI adoption accelerates, over 40% of businesses in Taiwan are already leveraging AI tools like ChatGPT to enhance productivity. However, the current use of AI in recruitment remains in its early stages. In the future, AI will transform every aspect of the hiring process, from job ad creation, candidate sourcing and screening, to final hiring decisions. By integrating AI-driven recruitment strategies, businesses will significantly reduce hiring timelines, cut costs, and enhance hiring efficiency. However, the Robert Walters Talent Trends 2025 Report highlights that AI in recruitment still has limitations. Companies must balance automation with fairness, ethical hiring practices, and human decision-making, as AI cannot fully replace human judgment. Organisations should find the right equilibrium between AI-powered efficiency and human intuition. Robert Walters Talent Trends 2025 Report have gathered insights and views from experts within the recruitment industry to help businesses navigate a rapidly evolving hiring market and develop effective strategies for attracting and retaining talent. Download the full report here: https://reurl.cc/04Y0Ob Hashtag: #RobertWalters https://www.robertwalters.com.tw/ The issuer is solely responsible for the content of this announcement. Robert Walters Robert Walters is the world’s most trusted talent solutions business. Across the globe, we deliver recruitment, recruitment process outsourcing and advisory services for businesses of all shapes and sizes, opening doors for people with diverse skills, ambitions, and backgrounds. We help organisations find the skills and solutions to reach their goals and assist talented professionals to power their unique potential. The Taipei office specialises in placing candidates in the following specialities: accounting & finance, electronics & industrial, healthcare, human resources, IT & digital transformation, marketing, manufacturing, sales, semiconductors, software, supply chain, logistics & procurement.

Media OutReach

Asian Industrial Online Exhibition 2025: Your Gateway to Premier Asian Industrial Suppliers and Global Sourcing Opportunities

TAIPEI, TAIWAN – Media OutReach Newswire – 31 March 2025 – The Asian Industrial Online Exhibition 2025 (AIOE 2025) is set to return from March 31 to July 31, 2025, offering international buyers an exclusive opportunity to explore Asia’s top industrial manufacturers—all in one place, without the constraints of geography or time. This four-month hybrid exhibition, co-organized by AsianNet and TradeAsia (www.e-tradeasia.com), is designed specifically to meet the growing needs of global buyers seeking reliable suppliers, advanced technologies, and efficient sourcing solutions from across Asia. Since its successful debut in 2022, AIOE has continued to deliver outstanding results for both buyers and exhibitors. For 2025, the exhibition will expand its reach with a four-month duration, strategically aligned with major global industrial events such as Hannover Messe, Global Industrie, Automate 2025, and Manufacturing World Tokyo. This synchronized timing allows buyers to explore and compare solutions from multiple regions in one procurement cycle—maximizing efficiency and market visibility. AIOE 2025 features a robust lineup of respected Taiwanese manufacturers, including industry leaders such as ASCCO INTERNATIONAL, ZITAI PRECISION MACHINERY, TW GRANDEUR MACHINERY, SAN SHING MACHINERY, U-CAN DYNATEX, KINGDOM ABRASIVE, JESPER PET, OAV EQUIPMENT & TOOLS, UNITRONIC AUTOMATION, CHU-SHIANG INDUSTRIAL, SHANG-YUH MACHINE, KINGDOM MACHINERY, CHUEN CHARNG, YNG YUH ELECTRONIC, and many more. These companies will present thousands of the latest industrial products and technologies, covering a wide array of sectors crucial to modern manufacturing and production. Buyers can explore everything from bearings, castings, and mold-making components to general industrial equipment and mechanical parts. The exhibition also includes cutting-edge solutions in machine tools, metalworking systems, and mining and metallurgy machinery. In addition, it showcases advanced testing instruments, precision measurement devices, automation technologies, and essential industrial electronics such as power supply units, electromechanical components, and industrial computers. Packaging machinery and supporting equipment are also well represented, ensuring buyers have access to complete sourcing solutions across the entire industrial supply chain. Visit the Online Exhibition: https://www.etradeasia.com/online-show/40/Asian-Industrial-Online-Exhibition-2025.html In response to the evolving landscape of global trade, AIOE 2025 introduces a wide range of virtual solutions to make participation effortless for buyers worldwide. Through dedicated exhibitor pages, digital catalogs, and virtual booths—all fully integrated with the TradeAsia platform—buyers can easily browse products and send inquiries in real time. This setup removes traditional barriers such as travel restrictions, while significantly accelerating the supplier discovery and purchasing process. Since its founding in 1997, TradeAsia (www.e-tradeasia.com) has become a trusted B2B trade platform connecting millions of global buyers with over 600,000 verified suppliers. With its vast product database and strategic alliances with international trade organizations, TradeAsia empowers sourcing professionals to efficiently explore product options, compare suppliers, and expand their global purchasing network. AIOE 2025 is more than just an exhibition—it’s a dynamic sourcing ecosystem tailored for global buyers looking to connect with Asia’s top suppliers and stay ahead in the industrial marketplace. Don’t miss the opportunity to explore, inquire, and source from thousands of products—all from the convenience of your screen. Hashtag: #TradeAsia The issuer is solely responsible for the content of this announcement.

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“One Earth Summit” 2025 Held Successfully Hong Kong Fully Leverages Its Role as an International Financial Center and Leader in Green Finance

Laying a Solid Foundation for the Development of ESG Investment and Green Innovation Calling for Global Collaboration Among Governments, Businesses, and Philanthropic Organizations to Effectively Address Climate Change Over 300 Influential Leaders and Change-makers Gather in Hong Kong to Plan the Path Forward for a Sustainable Future HONG KONG SAR – Media OutReach Newswire – 28 March 2025 – The “One Earth Summit,” hosted by the Institute of Sustainability and Technology and co-organized with the One Earth Alliance and the Giving to Amplify Earth Action (GAEA) initiative launched by the World Economic Forum, was held today at the Regala Skycity Hotel. The theme of the forum was “Driving Systemic Change Towards a Sustainable Future through Impact Investment and Technological Innovation.” The event attracted over 300 influential leaders and change-makers from various sectors including finance, startups, foundations, media, civil society organizations, and academia from around the world, focusing on dialogue aimed at actionable solutions to respond to global population growth. In his speech, Mr Paul Chan Mo-po, Financial Secretary, The Government of the Hong Kong Special Administrative Region stated, “As an international financial center and a leader in green finance, Hong Kong can help bridge the funding gap for green projects. Hong Kong’s issuance of green bonds has ranked first in the Asian market for seven consecutive years, with a market share reaching approximately 45% last year. At the same time, Hong Kong is seeking innovative financing solutions, such as tokenized green bonds and infrastructure financing securitization, to attract new investors. Hong Kong is committed to achieving carbon neutrality before 2050, focusing on three major strategies: zero-carbon power generation, green buildings, and sustainable transportation, as well as waste reduction. Global measures to tackle climate change create new business opportunities in burgeoning markets for green products and services. The budget announced earlier this month includes the establishment of a GreenTech Hub, which will accommodate 200 technology firms and serve as a nexus for public-private partnerships and international collaboration, with hopes that more private capital will drive green technology development and build a prosperous ecosystem. Additionally, artificial intelligence has widespread applications in sustainable development, emphasizing the government’s recognition of the significant potential of incorporating AI into the green ecosystem, designating it as a core industry.” Professor Poman Lo, Chair of One Earth Summit Board of Advisory, Founder of Institute of Sustainability and Technology; Vice Chairman of Regal Hotels Group, remarked in her welcoming speech, “, We are a massive hub of human capital, talent, and innovation. Asia can surely play a pivotal role in leading the global net zero transition. One Earth Summit is part of the major transformation underway to bring Hong Kong closer to our ambition of being an international hub for sustainable finance and green innovation.” Additionally, Mr Rob Van Riet, Senior Special Adviser to Managing Board, World Economic Forum, and Mrs Amy Lo, Chairman of UBS Global Wealth Management Asia, Head and Chief Executive, UBS Hong Kong, also delivered speeches on the future of sustainable technology and finance before the official start of the forum. During the forum, speakers focused on three major topics, including: Buildings and Transportation: Exploring the future development of green buildings and smart transportation; Energy Transition: Sharing the latest technologies and investment opportunities in renewable energy and energy IoT; Food and Water Resources: Analyzing global strategies for sustainable management of food and water resources. For more event information, please visit the forum’s website: www.oneearthsummit.org/ Hashtag: #InstituteofSustainabilityandTechnology #OneEarthSummit The issuer is solely responsible for the content of this announcement.

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The Campaign “It’s Time for EU Beef” is coming to Cebu and Manila in April

The Philippine meat industry will be shown the quality and guarantees of European beef MANILA, PHILIPPINES – Comunicae – 28 March 2025 – PROVACUNO, the Agro-food Interprofessional Organization of the Spanish beef industry, under the framework of the European project for the promotion of European beef, “It’s Time for EU Beef”, will participate in a series of events in the Philippines to bring closer European beef to the key players of the meat industry in the country. It’s Time for EU Beef Provacuno will start its promotional tour by organizing an event in Cebu on April 23rd. This showroom will offer Filipino importers, distributors and HORECA professionals a unique opportunity to discover and experience premium European beef cooked by the Michelin-starred chef Kisko Garcia. Between the 24th and 26th April, Provacuno will participate at Wofex Visayas, the main food exhibition in Cebu and one of the most important in The Philippines. During Wofex, Provacuno will offer attendees different recipes cooked by a Michelinstarred chef using some of the best cuts of European Beef from Spain. After these days in Cebu, Provacuno will travel to Manila where two activities will be carried out: a showcooking for KOL on April 29th at the renowned cooking school Enderun Colleges and a showroom for Filipino importers and distributors on April 30th in the Embassy of Spain in The Phillipines. The “It’s Time for EU Beef” program, co-financed by the European Union and led by PROVACUNO, aims at promoting the excellence of European beef in key markets like the Philippines. That is why Provacuno wants to make the best use of its time trip by organizing promotional events both in Cebu and Manila to show the filipino citizens the virtues of European beef, which is produced under the standards of the European production model, young cattle fed with high-quality cereals and oilseeds, resulting in a product that is tender, flavorful, and highly appreciated by consumers worldwide. It´s time for premium products, It´s time for European Beef! Hashtag: #ItsTimeforEuropeanBeef The issuer is solely responsible for the content of this announcement.

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